Named winner in the 2026 Datos Insights Impact Awards in Wealth Management
Old National Bank Datos Insights award winner 2026
Old National Bank Datos Insights award winner 2026
NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) — (NASDAQ: ONB)– Old National Bancorp (“Old National”) has been named the award winner in the “Best Innovation in Digital Client Experience” category for the 2026 Impact Awards in Wealth Management, presented by Datos Insights. The award was presented on Oct. 21 at the Wealth Management Forum in New York.
Old National was recognized for its new Wealth Unified Digital initiative. Built on the Candescent digital banking platform, the initiative gives eligible wealth clients a single digital entry point to view brokerage and trust relationships alongside their banking accounts, with single sign-on (SSO) into each underlying platform.
“Wealth Unified Digital is about organizing the experience around our clients rather than asking clients to navigate our internal systems,” said Old National’s Philip Barnes, Community Banking & Wealth CIO, who accepted the award at the Wealth Management Forum on behalf of the bank. “By bringing banking and wealth relationships together through one digital front door, we have created a stronger foundation for serving clients in simpler, more connected, and increasingly personalized ways. I am incredibly proud of the team that brought this vision to life.”
Under the new Wealth Unified Digital initiative, Old National improved data accuracy from approximately 85% to 99% ahead of launch, featuring a privacy-first client design. A phased roll-out beginning with a small initial release in May 2026, and expanding through successive advisor-portfolio waves, extended access to approximately 26,000 wealth clients by mid-June.
A panel of external experts judge the Datos Insights Impact Awards nominations based on:
Level of innovation and competitive advantage
Market needs assessment
Impact on customer experience and customer operational efficiency
Level of new revenue opportunity for the organization
Impact on customer retention/new customer attraction
Level of scalability across customer base and future roadmap
The Wealth Unified Digital initiative, says Datos Insights, aligns with the ever-increasing number of Millennial- and Generation X-age wealth clients seeking modern banking tools and digital-first access.
“Wealth management clients often hold banking, brokerage and trust relationships on separate platforms, each with its own login and interface,” said Wally Okby, Strategic Advisor, Wealth Management for Datos Insights. “That structure mirrors how a bank is organized internally rather than how a client experiences the relationship. A generational wealth transfer is moving trillions of dollars toward Millennial and Generation X beneficiaries who expect digital-first, personalized experiences, and WealthTech competitors are setting a new bar for streamlined digital experience. Old National’s Wealth Unified Digital initiative addresses this gap.”
For more information on Old National Wealth Management solutions, go to oldnational.com/wealth.
ABOUT OLD NATIONAL Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $74 billion of assets and $41 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2026, Points of Light named Old National to “The Civic 50” for the third consecutive year – an honor recognizing the 50 most community-minded companies in the United States – and also named Old National the Financials Sector Leader among nominated banks and financial services organizations.
Media Relations: Rick Vach (904) 535-9489 rick.vach@oldnational.com
TORONTO, Oct. 22, 2026 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (the “Company” or “NowVertical”) is pleased to announce that it has closed the second and final tranche of its previously announced “best efforts” private placement offering and issued 10,000 convertible debenture units (the “Convertible Debenture Units”) for aggregate gross proceeds of $10,000,000 (the “Closing”). Together with the Company’s previously announced issuance of 42,500,000 units of the Company on October 20, 2026, the Company raised aggregate gross proceeds of $15,100,000 (the “Offering”).
Clarus Securities Inc. acted as sole agent and bookrunner (the “Agent”) in respect of the Offering.
Each Convertible Debenture Unit is comprised of $1,000 principal amount of 10% senior unsecured convertible debentures (the “Convertible Debentures”) of the Company and 2,500 share purchase warrants (each, a “Debenture Warrant”). The Convertible Debentures will mature on the date that is 36 months following the Closing and are convertible into Class A Subordinate Voting Shares of the Company (each, a “Subordinate Voting Share”), at the holders’ option, at a price of $0.20 per Subordinate Voting Share. Each Debenture Warrant entitles the holder to acquire one (1) Subordinate Voting Share at a price of $0.25 for 36 months following the Closing. Pursuant to the debenture indenture governing the Convertible Debentures, the Company shall have the right to satisfy the payment of interest payable either in cash or Subordinate Voting Shares at a price equal to the Market Price (as defined under the policies of the TSX Venture Exchange) as at the date the interest becomes due and payable.
“Thank you to our team, investors and advisors, including Clarus Securities and Norton Rose Fulbright Canada LLP, for their support in completing this transaction,” said Andre Garber, Chief Executive Officer of NowVertical. “With a strengthened balance sheet and Kingsley Ward joining our board as Executive Chairman, we are well positioned to execute on our growth strategy and deliver lasting value for our shareholders.”
“I am pleased to be partnering with Andre and the NowVertical team as we build the company into a world-class leader in data engineering and analytics,” said Kingsley Ward, Executive Chairman of NowVertical.
As previously announced, the Company intends to use the net proceeds of the Offering to strengthen its balance sheet, support the execution of its growth strategy and for working capital and general corporate purposes.
In consideration for the Agent’s services in connection with the Convertible Debenture Unit portion of the Offering, the Agent received a cash commission of $297,950.
Certain directors, officers and their affiliates participated in the Convertible Debenture Unit portion of the Offering and acquired 616 Convertible Debenture Units (excluding J.R. Kingsley Ward who was appointed as a director of the Company in connection with the initial closing of the Offering). Participation in the Offering by insiders of the Company constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The issuance of securities to insiders of the Company is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in section 5.5(b) as the Company’s shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(1)(a) of MI 61-101, in that the fair market value of the consideration of the securities issued to the insiders of the Company does not exceed twenty-five percent of the Company’s market capitalization. The Company did not file a material change report at least 21 days in advance of the Closing as the participation of such directors, officers and their affiliates in the Offering had not been confirmed at that time.
The Convertible Debenture Units and the underlying Subordinate Voting Shares and Debenture Warrants are subject to a hold period expiring four months and one day from the Closing.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. No securities may be offered or sold to, or for the account or benefit of persons in the United States or to any U.S. persons or in any other jurisdiction in which such offer or sale would be unlawful absent registration under the U.S. Securities Act, and any applicable state securities laws or an exemption therefrom or qualification under the securities laws of such other jurisdiction or an exemption therefrom. “United States” and “U.S. persons” shall have the meaning given to them in Regulation S under the U.S. Securities Act.
About NowVertical Group Inc.
NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-infused first-party and third-party technologies. The Company’s scalable AI-infused delivery model enables the business to efficiently deliver data, analytics and AI solutions and services across industries and geographies.
Cautionary Statements
This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws which reflect the Company’s current expectations regarding future events. All statements in this news release that are not purely historical statements of fact are forward-looking statements, including statements with respect to the Offering, including the intended use of proceeds and expectations regarding the Company’s future business plans. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements in this news release are based on various assumptions, including that the TSXV will approve the Offering, and that the risk factors referred to below, collectively, do not have a material impact on the Company’s business, operations, revenues and/or results. Forward-looking statements are often, but not always, identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements. Such risks include, but are not limited to, risks related to the global economic, market and business conditions; governmental and regulatory requirements and actions by governmental and quasi-governmental authorities; risks related to artificial intelligence (AI) and those risks discussed under the heading “Risks and Uncertainties” in the Company’s most recent Management’s Discussion and Analysis and its other disclosure documents filed on its SEDAR+ profile at www.sedarplus.com. Forward-looking statements are provided for the purpose of providing information about management’s expectations, beliefs and plans relating to the future and are not guarantees of future performance and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
All of the forward-looking statements contained in this news release are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that the Company anticipates will be realized or, even if substantially realized, that they will have the expected consequences or effects on the Company’s business, financial condition or results of operations. Unless otherwise noted or the context otherwise indicates, the forward-looking statements contained herein are provided as of the date hereof, and the Company does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
Further Information For further details about NowVertical, please visit www.nowvertical.com or contact:
NowVertical Group Inc. Andre Garber Chief Executive Officer Telephone: 647-947-0223 Email: IR@nowvertical.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Senior Managing Director, Peapack Private Bank & Trust (2nd from right)
BEDMINSTER, N.J., Oct. 22, 2026 (GLOBE NEWSWIRE) — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Wendy O’Ree, Senior Managing Director, has been named as one of 48 women leaders honored by Executive Women of New Jersey (EWNJ) at its biennial Salute to the Policy Makers Gala held on October 21, 2026, at The Legacy Castle in Pompton Plains, New Jersey. The event recognized accomplished women from New Jersey’s public and private sectors whose leadership, achievements, and impact are helping shape the state’s businesses, institutions, and communities.
As Senior Managing Director at Peapack Private, Wendy O’Ree has been a trusted wealth advisor, known for her commitment to excellence, community engagement, and the advancement of women in leadership. Throughout her career, she has championed initiatives that foster professional growth, mentorship, and greater opportunities for women, while making meaningful contributions to the organizations and communities she serves. This recognition reflects both her professional accomplishments and her enduring impact as a leader who helps create pathways for others to succeed.
I am honored to be recognized by Executive Women of New Jersey alongside an extraordinary group of women whose leadership is making a difference across our state,” said O’Ree. “This recognition is especially meaningful because it celebrates not only professional achievement, but also the responsibility we have to inspire, support, and elevate others. Throughout my career, I have been committed to fostering collaborative leadership and helping create opportunities for the next generation of women to grow, lead, and make their own lasting impact.”
“This year’s honorees represent the extraordinary depth of women’s leadership across New Jersey,” said Susan K. Dromsky-Reed, Esq., Executive Women of New Jersey Board President. “These 48 women are leading organizations, strengthening communities, opening doors and helping shape the future of our state. EWNJ is proud to recognize not only what they have achieved, but the example they set for the women who will follow them.”
Since 1980, EWNJ has championed women business leaders and worked to increase the presence of women in boardrooms and top leadership of New Jersey companies. This year’s Salute to the Policy Makers will bring together and celebrate women executives from business, law, education, government, nonprofit, the arts and more – women who demonstrate excellence, resilience and achievement in their profession.
“The Salute to the Policy Makers Gala is EWNJ’s biennial celebration of New Jersey’s top women executives and leaders,” said Onome N. Adejemilua, Esq., EWNJ Board President-Elect and EWNJ Salute Committee Chair. “For more than 40 years, our mission has been to recognize and affirm the work of women. The Salute Gala brings together remarkable women from public and private sectors to recognize their excellence, resilience and achievements, while also supporting the next generation of women leaders through our Graduate Merit Award Program.”
About the Company Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $8.0 billion and assets under management and/or administration of $13.9 billion as of June 30, 2026. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank’s wealth management division offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices, and not-for-profit organizations, which help them establish, maintain, and expand their legacy. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit www.peapackprivate.com for more information.
About Executive Women of New Jersey (www.ewnj.org) Executive Women of New Jersey (EWNJ) is the leading executive women’s organization committed to increasing the presence of women in boardrooms and top leadership of New Jersey companies. The Salute to the Policy Makers Gala celebrates accomplished women leaders across New Jersey’s public and private sectors. It also celebrates EWNJ’s ongoing commitment to building a pipeline of future leaders through its Graduate Merit Award Program, which has awarded more than $1.4 million in scholarships to non-traditional female graduate students.
###
Contact: Rosanne Schwab, Peapack Private Bank & Trust, Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ 07921 rschwab@peapackprivate.com, (908) 719-6543.
SURPRISE, Ariz., Oct. 22, 2026 (GLOBE NEWSWIRE) — SenesTech, Inc. (NASDAQ: SNES), the leader in rodent birth control and sustainable rodent population management, today announced that, on Oct. 20, 2026, it received a letter from the listing qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the closing bid price of its common stock had been below $1.00 per share for 30 consecutive business days. As a result, the Company does not currently meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2).
The notification has no immediate effect on the listing of SenesTech’s common stock, which will continue to trade on the Nasdaq Capital Market under the symbol “SNES.” Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until April 19, 2027, to regain compliance.
“We take the Nasdaq notification seriously, and we intend to use the compliance period to keep demonstrating the progress we are making in the business,” said Michael Edell, President and Chief Executive Officer of SenesTech. “Our preliminary third quarter revenue of approximately $1.1 million was the highest in the Company’s history, up 40% from the second quarter and 55% from the third quarter of 2025. We believe that continued execution, together with broader investor awareness of our progress, can create opportunities for our share price to better reflect the value we see in the business.”
Recently, long term holder Glenbrook Capital Management congratulated SenesTech on its recently announced 40% sequential and 55% year-over-year revenue growth in Q3. It has also reported a 38% ownership position and offered to work cooperatively with the Board and management team on practical measures designed to improve the Company’s financial position and support operating priorities.
SenesTech intends to take a disciplined approach to financial management, balancing the need to maintain adequate liquidity and financial resources against the cost of capital and dilution to existing shareholders. The Company continues to evaluate its financing requirements and available alternatives, as well as the other options available to it to regain compliance with the Nasdaq listing rules.
About SenesTech
SenesTech is the leader in rodent birth control and sustainable rodent population management, with a mission to support a healthier environment through the responsible management of animal pest populations. The Company’s Evolve® and ContraPest® fertility control solutions, along with its assessment and monitoring services, target reproduction to help reduce rodent populations. SenesTech serves consumer and professional markets with proven approaches that can be used independently or as part of an integrated pest management (IPM) program.
For more information, visit https://senestech.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include statements regarding the Company’s efforts to regain compliance with Nasdaq’s minimum bid price requirement, its ability to regain compliance within the initial compliance period or to qualify for an additional compliance period, the execution of its strategic plans to grow the business and move toward profitability, its approach to financial management and its evaluation of financing alternatives and other options to regain compliance with the Nasdaq listing rules. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should,” “will” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include the risk that the Company may not regain compliance with Nasdaq’s minimum bid price requirement or other continued listing requirements and that its common stock may be delisted; the risk that the Company may not realize the benefits expected from its e-commerce, B2B and subscription strategies, or be successful in commercialization of its products, realize sufficient market acceptance of its products, or capitalize on market opportunities and accelerate growth; the risks of establishing an entirely new product category, including the time, expense and uncertainty of building market awareness and customer acceptance; the risk that the Company may not be able to build and scale a professional B2B sales organization and to execute a vertical-market strategy; risks related to the Company’s financial performance, including its ability to fund operations and potentially using cash at times and in ways other than as planned; the risk that any additional financing may not be available on acceptable terms or may dilute existing shareholders; and risks related to regulatory approval and regulation of the Company’s products. These and other risks are described more fully in the Company’s filings with the Securities and Exchange Commission, including under “Risk Factors” in its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2025, and subsequent Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by law, SenesTech undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Investor: Robert Blum, Lytham Partners, LLC, 602-889-9700, senestech@lythampartners.com Company: Tom Chesterman, Chief Financial Officer, SenesTech, Inc., 928-779-4143
U.S.-designed and built platforms available for orders, delivering affordable, mission-ready capabilities for U.S. Navy and allied maritime operations
SALT LAKE CITY, Oct. 22, 2026 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced the introduction of its B-Series portfolio of uncrewed surface vessels (USVs) through its Blue Ops maritime division.
The portfolio includes the B-26 (formerly Variant 7); the B-18, an 18-foot USV designed for tactical and one-way attack missions; and the B-39, a 39-foot vessel already in low-rate production. Both the B-18 and B-39 are available for orders now, providing the U.S. Navy and allied forces with affordable, reliable maritime platforms to address immediate operational requirements.
The B-Series establishes a unified naming convention for Blue Ops’ growing family of U.S.-designed and built autonomous maritime systems, with designations reflecting vessel length in feet, which is the traditional American methodology for naval and commercial shipbuilding. Building on its flagship B-26, Blue Ops is expanding its portfolio to support tactical reconnaissance, one-way attack, persistent maritime defense and logistics missions.
The B-18 has completed sea trials and is available for orders ahead of its original schedule. Built around the internationally recognized form factor for one-way attack vessels, the B-18 combines advanced hardware, a Modular Open Systems Approach (MOSA) architecture and combat-proven capabilities to deliver an affordable, reliable solution for modern naval operations.
Developed with U.S. Navy requirements in mind, including deployment from Littoral Combat Ships, the B-18 is designed for tactical reconnaissance, shipboard launch and recovery, and one-way attack missions. As the Navy reassesses its autonomous surface vessel requirements and explores more capable, cost-effective alternatives, Blue Ops is positioned to address this immediate demand.
The B-39, a 39-foot USV already in low-rate production and available for orders, is built on an established commercial vessel platform with a proven manufacturing foundation. The vessel delivers increased range, endurance and payload capacity for persistent maritime operations, defense and logistics.
With its modular architecture, flexible payload integration and advanced autonomous capabilities, the B-39 is designed to support persistent maritime surveillance, integrated defense systems and extended operations in demanding naval environments. Its established commercial production history provides a proven foundation for rapid fielding, scalable manufacturing, and cost-effective deployment, while enabling the integration of advanced sensors, mission-specific payloads and interoperable command-and-control systems.
“The Navy doesn’t need examples of what autonomous vessels might deliver years from now. It needs affordable, reliable systems that perform in real-world conditions and are available today,” said Barry Hinckley, President of Blue Ops. “That’s exactly what we’re building at Blue Ops. From one-way attack and tactical reconnaissance to maritime defense and logistics, our B-Series vessels are designed to meet immediate operational needs. Combined with Red Cat’s aerial assets, we’re delivering a complete family of systems that gives U.S. and allied forces the capabilities and flexibility to operate across air and sea.”
Since Red Cat launched Blue Ops in 2025, the division has expanded its U.S. manufacturing capabilities in Valdosta, Georgia, advanced the B-26 into full-rate production and accelerated the availability of additional maritime platforms. Together with Red Cat’s aerial portfolio, the B-Series strengthens the Company’s ability to deliver domestically manufactured autonomous systems for modern multi-domain operations.
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security. Through its integrated portfolio of trusted U.S. and allied hardware and software offerings, Red Cat supports military, government, and public safety operations across air, land, sea and space. Its systems span small unmanned aircraft systems, uncrewed surface vessels, wireless power transfer technology, and autonomous swarming software to enhance situational awareness, operational effectiveness, and mission safety. Learn more at www.redcat.red.
Safe Harbor Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. These and other risks and uncertainties are described more fully in Red Cat’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Red Cat undertakes no duty to update such information except as required under applicable law.
Investor Contact: Ankit Hira Solebury Strategic Communications for Red Cat Holdings, Inc. E-mail: RCAT@soleburystrat.com
Media Contact: Peter Moran Indicate Media Phone: (347) 880-2895 Email: peter@indicatemedia.com
BioForce Nanosciences Holdings, Inc. Expands Beyond Nevada with Texas Leasehold Portfolio and Advances Herrin-1 Feasibility Evaluation
BioForce Nanosciences Holdings, Inc. (OTC: BFNH) (“BFNH”) (“Company”) announces the expansion of its oil and gas asset portfolio beyond Nevada through a 100% leasehold interest in two oil and gas leases totaling approximately 67.59 acres in Liberty County, Texas – www.bioforceeclipse.com
HOUSTON, Oct. 22, 2026 (GLOBE NEWSWIRE) — BioForce Nanosciences Holdings, Inc. (OTC: BFNH) (“BFNH”) (“Company”) announces the expansion of its oil and gas asset portfolio beyond Nevada through a 100% leasehold interest in two oil and gas leases totaling approximately 67.59 acres in Liberty County, Texas.
An approximately 27.40-acre lease entered into by BFNH with a private lessor.
The Texas General Land Office approved the 40.19-acre lease assignment. The assignment was recorded in the official public records of Liberty County, Texas, under Document No. 2026029454 on October 6, 2026. The separate 27.40-acre private lease is dated October 4, 2026.
BFNH’s 100% leasehold interest remains subject to the terms and conditions of the applicable leases, including lessor royalty interests, overriding royalties, production burdens, and other applicable obligations.
Herrin-1 Opportunity
BFNH has received an engineering evaluation prepared by Hagen Consulting, LLC, effective January 1, 2026, for the Herrin-1 property. For the property and ownership evaluated in that report, the evaluation identifies gross estimate “Proved Developed Behind Pipe Reserves” of:
Reserve Category
Estimate Gross Reserves
Oil
285,730 barrels
Natural Gas
23,512,340 Mcf *
*The reported natural-gas volume is an estimated 23.5 billion cubic feet.
Herrin-1 is currently shut in and not producing. BFNH is conducting a comprehensive feasibility analysis of the gross estimates, including, but not limited to, engineering, operations, infrastructure, title, regulatory, environmental, production, and financial considerations.
Based on currently available information, BFNH estimates that the capital required to evaluate, repair, rework, equip, and potentially return Herrin-1 to production could be at least approximately $2.5 million or more. This preliminary estimate is subject to change and does not constitute a final development budget, financing commitment, or decision to undertake any particular work.
The evaluation was prepared for CELT eResources LLC before the lease transfer to BFNH and has not been independently updated or reissued for BFNH.
BFNH has not made a final determination regarding the timing, scope, funding, execution, or commercial viability of any potential work on Herrin-1.
Portfolio Expansion and Additional Opportunities
In addition to evaluating Herrin-1, BFNH continues to assess potential opportunities to expand and diversify its energy portfolio, including opportunities outside Liberty County, Texas.
Potential opportunities may include additional oil and gas leasehold interests, prospective resource projects, strategic acquisitions, technical partnerships, and other assets that could complement the Company’s existing activities. BFNH’s objective is to identify opportunities that may support the development of multiple initiatives over time while maintaining disciplined review of title, ownership, reserves, engineering, infrastructure, regulatory, environmental, financing, and commercial considerations.
No assurance can be given that BFNH will acquire or develop any additional assets, that any potential opportunity will result in production or revenue, or that any such opportunity will contribute to the Company’s growth. Any future acquisition, development, partnership, or investment decision will be subject to further due diligence, applicable approvals, available financing, and definitive agreements.
Management Statement
“BFNH has established direct control of two Liberty County leasehold interests totaling approximately 67.59 acres and is advancing a disciplined technical evaluation of the Herrin-1 opportunity,” said Gustavo Taboada, BFNH’s Chief Geoscience Officer.
He further stated, “Our immediate priority is to evaluate the available geological, engineering, wellbore, infrastructure, title, regulatory, environmental, and financial information before determining whether any repair, rework, re-equipping, or production-restoration program is justified or economically viable. We are also reviewing additional opportunities that could broaden BFNH’s energy portfolio and support the advancement of multiple initiatives over time, subject to appropriate due diligence and available financing.”
“Expanding beyond Nevada into Texas gives BFNH an additional opportunity and broadens our asset portfolio,” said Richard Kaiser, Interim Chief Executive Officer, Chief Financial Officer, and Director of BFNH. “We are taking a disciplined approach by completing the necessary technical and financial analysis before determining whether and how to advance Herrin-1 as well as the Company’s other holdings.”
Related-Party Disclosure
The approximately 40.19-acre lease was assigned to BFNH by CELT eResources LLC, an entity under common control with BFNH through Nexus Capital Investments, Inc. The assignment is therefore a related-party transaction. Nexus Capital Investments, Inc. is BFNH’s majority shareholder.
About BioForce Nanosciences Holdings, Inc.
BioForce Nanosciences Holdings, Inc. (OTC: BFNH) is a publicly traded company pursuing and evaluating oil/gas opportunities across its asset portfolio, including its Nevada leases and its newly expanded Texas leasehold interests. The Company evaluates opportunities based on technical, operational, regulatory, and financial considerations – www.bioforceeclipse.com.
Cautionary Statement Regarding Gross Reserve Information
The reserve estimate information in this release comes from the Hagen Consulting, LLC engineering evaluation prepared for CELT eResources LLC, effective January 1, 2026. BFNH received it in connection with the completed lease acquisition. The estimates remain subject to the assumptions, limitations, ownership interests, methodology, definitions, and effective date stated in that evaluation. The reported volumes apply only to the Herrin-1 property and ownership evaluated in the report and do not apply to the separate approximately 27.40-acre lease. Both CELT eResources, LLC, a Texas limited liability company, and BFNH are controlled by Nexus Capital Investments, Inc. (“Nexus”).
The estimated reported volumes do not guarantee production, recovery, revenue, profitability, or shareholder returns. Herrin-1 is not currently producing, and BFNH has not made a final decision regarding development, funding, reactivation, production, timing, scope, or commercial viability.
Reserve estimates do not guarantee production, recovery, revenue, profitability, or shareholder returns. Actual results may differ materially due to reservoir performance, geological conditions, wellbore and equipment condition, completion requirements, title and ownership matters, permitting, regulatory and environmental requirements, operating costs, commodity prices, financing availability, infrastructure requirements, and other factors.
The fact that Herrin-1 has been evaluated as containing estimated reported reserve volumes does not mean that the well is currently producing or that BFNH has determined that production can be restored economically.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of applicable securities laws. These statements include, among others, statements regarding BFNH’s feasibility analysis, potential engineering and technical work, Herrin-1, potential repair, rework, reactivation, equipping, or production activities, estimated capital requirements, funding, portfolio expansion, potential acquisitions, strategic partnerships, development opportunities, commercial viability, and future disclosures. Forward-looking statements are generally identified by words such as “may,” “could,” “would,” “will,” “expects,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continues,” “seeks,” “evaluates,” “anticipates,” and similar expressions, although not all forward-looking statements contain these words. The preliminary capital estimate described in this release is subject to change and is not a financing commitment, development budget, or commitment to proceed with any proposed work. Any future activity remains subject to additional technical, engineering, operational, title, regulatory, environmental, infrastructure, financial, and commercial analysis. BFNH makes no assurance regarding the timing, scope, funding, execution, production, recovery, revenue, profitability, commercial viability, or ultimate outcome of any potential work associated with Herrin-1 or any other opportunity under evaluation. BFNH also makes no assurance that it will acquire, develop, finance, or complete any additional project or transaction. Actual results may differ materially from those expressed or implied by these forward-looking statements. Additional factors that could cause actual results to differ materially are discussed in BFNH’s filings with the U.S. Securities and Exchange Commission. BFNH undertakes no obligation to update forward-looking statements except as required by applicable law.
MIAMI, Oct. 22, 2026 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (the “Company” or “SKYX”), a highly disruptive platform technology company with over 120 patents and pending applications globally and over 60 lighting and home décor websites, with a mission to make homes and buildings safe and smart as the new standard, today provides a corporate update.
Highlights Recent Events
The combined SKYX and Deako pipeline is estimated at over 4 million units with an expected average selling price of approximately $50 per product.
SKYX’s subsidiary Deako announced it will supply over 80,000 units to 1,000 homes of prominent builder Maronda Homes.
The Company recently signed an agreement to supply two 65 stories luxury Trump Towers with over 2.2 million SQF in one of India’s leading tech cities Hyderabad, expecting to deploy tens of thousands of units.
SKYX recently announced it will supply its technologies during a renovation of a Marriott city center hotel in Durham, NC.
Maintaining Strong Cash Position
The Company reported $27.7 million in total cash, cash equivalents, and restricted cash as of the end of the second quarter of 2026 and continues to maintain a strong cash position to achieve its business goals, including achieving positive cash flow as it exits 2026.
The Company reported 10 consecutive quarters of year-over-year growth and expects to continue this pattern of quarterly growth.
SKYX Patented Turbo Heater Fan
Despite a very hot summer, SKYX’s sales of its patented Turbo Heater Fan continued to grow during the summer with all retailers, including Home Depot, Lowe’s, Target, Walmart, Costco, Amazon, Wayfair, and through SKYX’s e-commerce platform of 60 websites.
The Company expects sales of its Turbo Heater Fan to grow significantly during the fall and winter seasons in both the retail and builder segments.
Due to increasing demand, SKYX intends to launch new designs in both larger and smaller sizes and in five different colors.
SKYX Deako Merger Highlights
Synergies
SKYX’s full product line is expected to create an opportunity to increase Deako’s revenue per home by up to fivefold.
Synergies between SKYX and Deako are expected to reduce annual cash expenses by over $6 million. In addition to expected revenues from sales, both SKYX and Deako use the razor-and-blades model and are expected to provide additional future revenues from upgrades, as well as recurring revenue opportunities from plug & play product interchangeability, AI services, monitoring, subscriptions, and licensing, among other sources.
The merger opens the door for Deako’s products in SKYX projects, including Marriott and European hotels and Miami’s $4 billion Smart City.
Stock Consideration & Lock-Up
In consideration for the merger, SKYX issued 25,000,000 shares of common stock, subject to a 12-month full lock-up (followed by quarterly leak-out releases at 12, 15, 18, and 21 months after the closing, with share sales subject to a Rule 10b5-1 trading plan).
Deako’s Market Acceptance and Strategic Relations
Deako’s lead investors include Paul Jacobs, former Chairman and CEO of Qualcomm; Deako’s former board member Marwan Fawaz served as CEO of Nest (Google).
Deako has recently extended its supply agreement with leading builders D.R. Horton and Stone Martin.
Deako has shipped over 32 million units, including its smart plug-in wall switches, and generated over $26 million in revenue in 2025.
Deako is a leading technology supplier with over $26M in 2025 revenues and has shipped over 32 million units, including its smart home plug-in wall switches, to over 50 U.S. homebuilder customers, including D.R. Horton, Toll Brothers, Risewell Homes, Adams Homes, Maronda Homes, Shea Homes, and Schumacher Homes, among many others.
The merger between SKYX and Deako will enable SKYX to offer an A-to-Z AI and smart home plug & play solution for homes and buildings, including wall outlets, wall switches, and ceiling outlet boxes for smart home and safety products, lighting, ceiling fans, and smoke detectors, among others.
Most smart home solutions today require time-consuming and costly wired installation and address only part of the A-to-Z opportunity, while the combined company aims to offer a complete A-to-Z AI and plug & play smart home solution.
SKYX’s Signed Agreements Prior to Merger with Builder / Hotel Segments
The Company recently signed an agreement to supply two 65 stories luxury Trump Towers with over 2.2 million SQF in one of India’s leading tech cities Hyderabad, expecting to deploy tens of thousands of units.
SKYX recently announced it will supply its technologies during a renovation of a Marriott city center hotel in Durham, NC.
SKYX announced its technology will become a brand standard for European hotel developer Group OTT, a developer of over 250 hotels and buildings across Europe.
SKYX’s future U.S. and international projects include Miami’s new $4 billion Smart City and projects in North Carolina, Austin, San Antonio, South Florida, New York, Europe, Saudi Arabia, and Egypt.
SKYX is progressing toward its goal to become a brand standard for national and international hotel chains and builders.
Technology Licensing and Roadmap
SKYX has recently signed a licensing agreement for its advanced technologies with Eurofase, a leading lighting company in the U.S., Canada, and global markets.
SKYX expects to continue its licensing model for its vast patent portfolio as part of its safety code standardization efforts, as well as through licensing to leading tech companies.
SKYX will be launching a new AI-driven system and infrastructure for its e-commerce platform of 60 websites, expected to significantly increase its conversion rate and sales.
The Company secured U.S. and global strategic manufacturing partnerships with premier manufacturers in the U.S., Vietnam, Taiwan, China, and Cambodia.
Safety Standardization Mandatory Code and Insurance Exposure
SKYX’s Safety Code Standardization Team is receiving support from a prominent new leader in connection with its government safety agency process for mandatory safety standardization of its electrical ceiling outlet/receptacle technology.
SKYX’s code team is led by industry veterans Mark Earley, former head of the National Electrical Code (NEC), and Eric Jacobson, former President and CEO of the American Lighting Association (ALA). The Company’s Safety Code Standardization Team believes it will garner assistance from additional safety organizations in its mandatory safety code standardization efforts based on the product’s significant safety aspects. Mr. Earley and Mr. Jacobson were instrumental in numerous code and safety changes in both the electrical and lighting industries. Both strongly believe that, considering the Company’s standardization progress, including ANSI / NEMA (American National Standards Institute / National Electrical Manufacturers Association) voting to approve its product specification and its technology being voted into 10 segments of the NEC Code Book, its technology has met the necessary safety conditions for becoming a ceiling safety standardization requirement for homes and buildings.
The Company strongly believes its products can save insurance companies many billions of dollars annually by minimizing risks (e.g., reducing fires, ladder fall injuries, and electrocutions). Management expects that insurance companies will use the Company’s range and variations of its safe advanced plug & play products to reduce their exposure and minimize their risks.
About SKYX Platforms Corp.
As electricity is a standard in every home and building, our mission is to make homes and buildings safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced, safe, smart and AI platform technologies, with over 120 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home décor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://www.skyx.com/ or follow us on LinkedIn.
Forward-Looking Statements
Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target,” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s ability to achieve positive cash flows; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become mandatory under the National Electrical Code (NEC), code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.
Acquisition Structured With No Shareholder Dilution; Company Remains Debt-Free With Acquisition Funding Already in Place
Company to Rebrand as “GPU Exchange” and Plans to Change Its Nasdaq Ticker to “XGPU”
Due Diligence Substantially Complete; Closing Anticipated in Early November 2026
LAKEWOOD, NJ, Oct. 22, 2026 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: EZRA) (“Reliance,” “EZRA” or the “Company”) today announced that on September 23, 2026, it executed a non-binding letter of intent (the “LOI”) to acquire the assets of a GPU cloud provider and marketplace operator delivering on-demand computing infrastructure for AI training, inference and other demanding workloads. The proposed acquisition would mark Reliance’s entry into the AI cloud market, with plans to scale rapidly through investment in a Company-owned GPU fleet and expansion of the acquisition target’s proprietary marketplace.
The business being acquired delivers on-demand computing capacity for artificial intelligence and other compute-intensive applications while enabling third-party GPU owners to earn revenue by offering their hardware through its platform. Reliance intends to build on this operating foundation by acquiring additional graphics processing units (“GPUs”), increasing available computing capacity and broadening marketplace participation.
The proposed acquisition is structured to result in no dilution to existing shareholders, as the purchase price is payable entirely in cash and no shares of the Company’s common stock will be issued as consideration for the acquisition, and the funds required to complete the transaction are already in place. Under the LOI, $3,375,000 is payable at closing, consisting of $3,000,000 in cash and $375,000 funded into escrow. A further $375,000 is payable 12 months after closing. Both $375,000 payments are subject to the achievement of specified milestones, and the Company will also pay $250,000 of consulting fees to the founder of the business over the 12 months following closing. The LOI also provides for an optional $500,000 investment by the Company in a related company of the seller. Reliance reiterated that it is debt-free, having retired 100% of its term debt. Due diligence is substantially complete, and the Company anticipates closing in early November 2026, subject to finalizing definitive agreements and satisfying applicable closing conditions.
In connection with this strategy, Reliance plans to adopt GPU Exchange as its doing-business-as (“DBA”) name and change its Nasdaq trading symbol from EZRA to XGPU. Following completion of the acquisition, the acquired business would operate under the GPU Exchange brand. The Company will announce the effective date of any ticker change separately. Its shares currently continue to trade under EZRA.
“The proposed acquisition provides an operating foundation for our entry into AI infrastructure, with a clear strategy to scale substantially,” said Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group. “We believe this is the most significant step in the Company’s evolution to date. We are pursuing this acquisition with no outstanding debt, funding already in place and no dilution to existing shareholders.”
“Our focus is execution: acquiring and deploying GPUs, growing the customer base and making it easier for hardware owners to earn revenue through the marketplace,” said Judah Korman, Chief Operating Officer of Reliance Global Group. “By combining our own GPU fleet with third-party capacity, we intend to scale supply rapidly and serve more customers through a single platform. GPU Exchange will bring these efforts together under one brand.”
While Reliance continues to operate, enhance and grow the RELI Exchange platform, the Company believes the proposed acquisition creates new opportunities for expansion and scale.
Entering the Market with a Strategy for Rapid Scale
Following completion of the acquisition, Reliance intends to pursue growth through two complementary initiatives:
Acquire and scale a Company-owned GPU fleet. Invest in GPUs to provide additional computing capacity for AI training, inference, rendering and other demanding workloads.
Grow the proprietary GPU marketplace. Invest in the platform, attract additional customers and providers, and make it easier for individuals, businesses and infrastructure operators to offer GPU capacity and earn revenue when customers use it.
The Company-owned fleet would complement third-party capacity available through the marketplace, allowing the business to grow through both direct infrastructure investment and increased provider participation.
Reliance’s objective is to establish GPU Exchange as an accessible destination for customers seeking GPU computing power and hardware owners seeking to monetize available capacity. The Company intends to use the acquisition target’s existing platform as the foundation for accelerating customer adoption, increasing computing supply and scaling operations.
Transaction Status
The LOI is non-binding, and the acquisition has not yet closed. Due diligence is substantially complete, and completion remains subject to finalizing definitive agreements and satisfying applicable closing conditions. Reliance anticipates closing in early November 2026 and expects to provide additional updates as the transaction progresses.
About the Acquisition Target
The acquisition target is a GPU cloud provider and marketplace operator delivering on-demand computing resources for artificial intelligence, machine learning, rendering and other demanding workloads. Its proprietary GPU marketplace connects customers with available computing capacity and enables third-party hardware owners to earn rental revenue.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (Nasdaq: EZRA) operates insurance and technology businesses and pursues opportunities to build and scale AI-related platforms. Through the proposed acquisition, the Company intends to enter the GPU cloud and AI infrastructure market and rapidly scale the business under the planned GPU Exchange brand. Additional information is available at https://www.relianceglobalgroup.com.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than statements of historical fact and may be identified by the use of words or expressions such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “target,” “project,” “potential,” or similar expressions, or by discussions of strategy, plans or intentions. Forward-looking statements in this press release include, without limitation, statements regarding: the proposed acquisition, including its anticipated timing, funding and non-dilutive structure; the payment of the closing, escrow, milestone and consulting amounts; the optional investment in a related company of the seller; the negotiation and execution of definitive agreements; the Company’s planned entry into the GPU cloud and AI infrastructure market; the planned adoption of the GPU Exchange DBA and XGPU trading symbol; GPU fleet acquisitions and deployment; marketplace growth; the pace and scale of business development; and anticipated business benefits.
These statements are based on management’s current expectations and assumptions and are subject to risks, uncertainties and other factors, many of which are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by these forward-looking statements.
Such risks and uncertainties include, without limitation: the non-binding nature of the LOI and the risk that definitive agreements are not executed, closing conditions or applicable approval requirements are not satisfied, or the acquisition is delayed or not completed; the risk that the Company’s continuing due diligence identifies matters that adversely affect the acquisition target or the terms of the acquisition; the risk of the loss of customers, GPU providers or key personnel in connection with the transfer of the business; the Company’s ability to integrate and rapidly scale the acquired business; the capital required to execute its growth plans, including the acquisition of a Company-owned GPU fleet, which will require capital beyond the cash required to complete the proposed acquisition and may be funded through equity financings that would be dilutive to existing shareholders; the Company’s ability to access additional capital on acceptable terms, or at all; the Company’s ability to maintain compliance with the continued listing standards of The Nasdaq Capital Market; the Company’s ability to implement the planned GPU Exchange DBA and XGPU trading symbol change; GPU availability, pricing and technological obsolescence; customer demand, utilization and competition; and general business, economic, market and geopolitical conditions. Additional information regarding these and other factors that may cause actual results to differ materially is included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as amended, and in the Company’s subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission, copies of which are available free of charge at www.sec.gov.
There can be no assurance that the proposed acquisition, branding or ticker changes will be completed or that anticipated growth or benefits will be realized. Readers are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements in this press release speak only as of the date of this press release. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Turnover of 177 million euros in the third quarter supported by a 29% increase in energy production
Capacity objectives reached one quarter ahead of schedule
Turnover of 177.4 million euros in the third quarter of 2026
Energy Sales: strong increase of +26% compared with Q3 2025 at constant exchange rates, to 111.5 million euros, driven by the contribution of new capacity, improved resource levels and a significant reduction in curtailment (-41%)
Renvolt: down -21% at constant exchange rates, to 53.9 million euros, in the third quarter due to the phasing of construction projects. Over nine months, Renvolt nevertheless records solid growth of +16%
Voltalia Hub: up +22% at constant exchange rates, to 12.1 million euros, supported by growth across all specialised activities
Operational capacity and production indicators as of September 30, 2026
Energy production up +11% to 4.1 terawatt-hours (including +29% in the third quarter), with curtailment in Brazil down -32% over the first nine months. This strong increase in production benefits from the contribution of new power plants, the sharp reduction in curtailment and improved solar and wind resources
Capacity in operation and under construction up +8% to 3.6 gigawatts, including 3.0 gigawatts in operation (+18%)
2026 operational and financial objectives
Capacity objective reached one quarter ahead of schedule: 3 gigawatts of capacity in operation reached as early as September, in addition to 563 megawatts under construction, bringing total capacity in operation and under construction to around 3.6 gigawatts
2026 EBITDA objective of between 210 and 230 million euros confirmed
Continued execution of the SPRING transformation plan
Tighter cost control: continued structural savings and reduction in development costs, thanks to a simplified organisation and stricter project selection
More selective capital allocation: investments and resources focused on the most mature and value-creating projects, notably through strategic partnerships, such as the one with IFC, enabling equity requirements to be shared and capital allocation to be optimised.
Disposal programme1: continued processes relating to non-strategic assets and activities, with value preservation and the gradual deleveraging of the Group as priorities
Improved operational performance: production up +29% in the third quarter, driven by improved asset availability, lower operating costs and greater selectivity in the projects launched into construction, curtailment down -41%, and annual capacity in operation objective reached several months ahead of schedule.
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energy, today publishes its turnover for the third quarter of 2026.
Robert Klein, Chief Executive Officer of Voltalia, states:“Our operational performance improves markedly this quarter, with production up 29% and our objective of 3 GW of capacity in operation reached one quarter ahead of schedule. As part of SPRING, we are continuing, with discipline, to improve our profitability, our cash flow generation and our capital allocation. We confirm our 2026 EBITDA objective.”
***
Nine-month (9M) and third-quarter (Q3) 2026 turnover
In million euros
9M 2026
9M 2025
Var. at current exchange rates
Var. at constant exchange rates
Q3 2026
Q3 2025
Var. at current exchange rates
Var. at constant exchange rates
Turnover
508.7
414.5
+23%
+21%
177.4
163.0
+9%
+6%
Energy Sales
301.7
237.3
+27%
+24%
111.5
85.2
+31%
+26%
Renvolt
177.8
153.3
+16%
+16%
53.9
68.0
-21%
-21%
Voltalia Hub
29.2
23.9
+22%
+21%
12.1
9.8
+23%
+22%
Turnover for the first nine months of 2026 amounts to 508.7 million euros, up +21% at constant exchange rates (+23% at current exchange rates). It breaks down as 61% in Europe, 32% in Latin America and 7% in the rest of the world, illustrating the continued geographical rebalancing of activities. Energy Sales accounts for 59%, Renvolt for 35% and Voltalia Hub for 6% of turnover for the first nine months of 2026.
Turnover for the third quarter of 2026 amounts to 177.4 million euros, up +6% at constant exchange rates (+9% at current exchange rates). Strong growth in Energy Sales and Voltalia Hub offsets the one-off decline in Renvolt, whose revenues reflect the achievement of construction milestones.
REVIEW OF ACTIVITIES
Energy Sales
Operational indicators
9M 2026
9M 2025
Var.
Q3 2026
Q3 2025
Var.
Production (in GWh)
4,066
3,648
+11%
1,659
1,283
+29%
Production curtailment (in GWh)
443
651
-32%
225
383
-41%
Capacity in operation (in MW)2
3,001
2,554
+18%
Capacity in operation and under construction (in MW)
3,564
3,286
+8%
Wind load factor in Brazil
32%
34%
-2pts
44%
37%
+7pts
Wind load factor in Brazil without curtailment
38%
43%
-5pts
52%
53%
-1pt
Solar load factor in Brazil3
19%
19%
stable
20%
16%
+4pts
Solar load factor in Brazil without curtailment
24%
24%
stable
26%
25%
+1pt
Wind load factor in France
20%
21%
-1pt
15%
17%
-2pts
Solar load factor in France
15%
11%
+4pts
20%
13%
+7pts
Solar load factor in Jordan and Egypt
27%
28%
-1pt
30%
31%
-1pt
Solar load factor in Albania
24%
24%
stable
29%
29%
stable
Solar load factor in the United Kingdom
17%
19%
-2pts
17%
20%
-3pts
Solar load factor in Portugal
22%
22%
stable
26%
27%
-1pt
Production for the first nine months of 2026 amounts to 4.1 TWh, up +11% compared with the first nine months of 2025. This increase reflects growth in capacity in operation and the ramp-up of recently commissioned power plants. Solar and wind account for 55% and 43% of production over the period respectively. It should be noted that battery storage is set to account for a gradually larger share of this energy mix (standalone storage projects and hybrid projects).
Production for the third quarter of 2026 reaches 1.7 TWh, up +29% compared with the third quarter of 2025. This strong increase benefits from the contribution of new power plants, the sharp reduction in curtailment and improved solar and wind resources.
Analysis of quarterly production by region
In Latin America, production grows by +22%, driven by improved solar and wind resources and the continued decrease in curtailment. Curtailment stands at 225 GWh in the third quarter of 2026, down 41%, confirming the improvement observed since the beginning of the year
In Europe, production grows by +10%, driven in particular by recently commissioned power plants, notably in French Guiana
In Africa and internationally, production is multiplied by 3.6, driven by new capacity commissioned
Helexia production grows by +7%
In million euros
9M 2026
9M 2025
Var. at current exchange rates
Var. at constant exchange rates
Q3 2026
Q3 2025
Var. at current exchange rates
Var. at constant exchange rates
Energy Sales turnover
301.7
237.3
+27%
+24%
111.5
85.2
+31%
+26%
Latin America
141.2
105.8
+34%
+26%
48.3
38.2
+27%
+18%
Europe
73.1
62.3
+17%
+18%
27.7
22.2
+25%
+24%
Africa and international
32.8
22.1
+49%
+49%
13.5
7.7
+74%
+69%
Helexia
54.5
47.2
+16%
+14%
22.0
17.1
+29%
+26%
Turnover from Energy Sales for the first nine months of 2026 reaches 301.7 million euros, up +24% at constant exchange rates (+27% at current exchange rates). This change reflects the contribution of capacity growth (+18%), a favourable currency effect linked to the Brazilian real and the recognition, in the first half, of compensation related to curtailment in Brazil. These drivers offset lower availability at certain wind power plants, which is in the process of being resolved.
Turnover from Energy Sales for the third quarter of 2026 reaches 111.5 million euros, up +26% at constant exchange rates (+31% at current exchange rates), driven by turnover growth across all regions and at Helexia.
Renvolt
In million euros
9M 2026
9M 2025
Var. at current exchange rates
Var. at constant exchange rates
Q3 2026
Q3 2025
Var. at current exchange rates
Var. at constant exchange rates
Turnover
177.8
153.3
+16%
+16%
53.9
68.0
-21%
-21%
Turnover from Renvolt for the first nine months of 2026 amounts to 177.8 million euros, up +16% at constant and current exchange rates, benefiting from the growth recorded in the first half. This increase is driven by momentum in construction activities for third-party clients in Europe (around 600 MW under construction in Ireland and Spain) and in maintenance for third-party clients, notably in Portugal.
Turnover from Renvolt for the third quarter of 2026 amounts to 53.9 million euros, down -21% at constant and current exchange rates. This change mainly reflects the recognition of revenues according to the progress of construction milestones. It does not call into question the growth momentum observed over the first nine months of the year.
Voltalia Hub
In million euros
9M 2026
9M 2025
Var. at current exchange rates
Var. at constant exchange rates
Q3 2026
Q3 2025
Var. at current exchange rates
Var. at constant exchange rates
Turnover
29.2
23.9
+22%
+21%
12.1
9.8
+23%
+22%
Turnover from Voltalia Hub for the first nine months of 2026 amounts to 29.2 million euros, up +21% at constant exchange rates (+22% at current exchange rates). This increase notably reflects growth in specialised activities, including Yusco4 and maintenance for third-party clients in Brazil.
Turnover from Voltalia Hub for the third quarter of 2026 amounts to 12.1 million euros, up +22% at constant exchange rates (+23% at current exchange rates), supported by growth across all specialised activities.
NEW ANNOUNCEMENTS
Capacity in operation: 2026 objective reached as early as September5
As early as September, Voltalia reaches its objective of 3 GW of capacity in operation, one quarter ahead of schedule, notably thanks to 38 MW of new Helexia capacity commissioned during the third quarter in Europe and Brazil.
Voltalia strengthens its Board of Directors6
Following the General Meeting of 9 October 2026, Voltalia strengthens its Board of Directors with the ratification of the co-optation of Isabelle Kocher de Leyritz and the appointment of Emmanuelle Lemer as independent director.
Isabelle Kocher de Leyritz, co-opted in May 2026 to replace Laurence Mulliez, Chair of Blunomy, brings first-rate experience in strategy, energy transition, governance, finance and corporate transformation, gained notably at Suez and ENGIE, where she was Chief Executive Officer from 2016 to 2020
Emmanuelle Lemer, also appointed Chair of the Audit Committee, has more than twenty years of experience in energy, infrastructure and investment banking, notably at J.P. Morgan. She brings to the Board recognised expertise in financial markets, strategic transactions and financing.
These appointments strengthen the diversity and complementarity of the Board of Directors’ skills to support Voltalia in the execution of its strategy and its SPRING transformation plan.
OPERATIONAL AND FINANCIAL OBJECTIVES7
2026 operational and financial objectives
Operational objectives reached as early as September 2026: capacity in operation and under construction of around 3.6 gigawatts, including around 3 gigawatts in operation
Financial objectives: 2026 EBITDA of between 210 and 230 million euros confirmed, including 190 to 210 million euros generated by the Energy Sales business
NEXT ON THE AGENDA:
2026 annual results, on 4March 2027 (before market open)
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. These statements do not constitute historical facts. They include projections and estimates and the assumptions on which they are based, statements relating to projects, objectives, intentions and expectations regarding financial results, future events, operations, services, product development and their potential, or future performance. Such forward-looking statements can often be identified by the use of words such as “expect”, “anticipate”, “believe”, “intend”, “estimate” or “plan”, as well as other similar terms. Although Voltalia’s management believes that these forward-looking statements are reasonable, investors are cautioned that they are subject to numerous risks and uncertainties that are difficult to predict and generally beyond Voltalia’s control, and that may cause actual results and events to differ materially from those expressed, implied or projected in such forward-looking information and statements. These risks and uncertainties include, in particular, uncertainties inherent in changes in the selling price of the electricity produced by Voltalia, changes in the regulatory environment in which Voltalia operates, and the competitiveness of renewable energy, as well as other factors that may affect the production capacity or profitability of Voltalia’s production sites, and those developed or identified in Voltalia’s public filings with the Autorité des marchés financiers, including those listed in Section 2.2 “Risk factors” of Voltalia’s 2025 Universal Registration Document filed with the Autorité des marchés financiers on 30 March 2026. Voltalia undertakes no obligation to update these forward-looking information and statements, subject to applicable regulations.
Capacity in operation as of September 30, 2026
In MW
Solar
Wind
Biomass
Hydro
Hybrid
Sept. 30, 2026
Sept. 30, 2025
Helexia
603
603
523
Belgium
32
32
23
Brazil
218
218
188
France
217
217
193
Hungary
25
25
25
Italy
25
25
21
Poland
5
5
0
Portugal
27
27
27
Romania
14
14
14
Spain
40
40
32
Voltalia
1,441
854
17
17
68
2,398
2,031
South Africa
148
148
0
Albania
140
140
140
Brazil
584
773
8
12
1,377
1,369
Egypt
32
32
32
France
93
81
5
179
160
Greece
31
31
20
French Guiana
13
17
5
24
59
48
Italy
3
3
3
Jordan
57
57
57
Uzbekistan
126
126
0
Netherlands
60
60
60
Portugal
52
52
52
United Kingdom
102
32
134
89
Total
2,044
854
17
17
68
3,001
2,554
Capacity under construction as of September 30, 2026
Project name
Capacity (MW)
Technology
Country
Helexia
57
Helexia
37
Solar
Brazil
Helexia
11
Solar
France
Helexia
3
Solar
Italy
Helexia
3
Solar
Poland
Helexia
1
Solar
Portugal
Helexia
1
Solar
Spain
Voltalia
506
Artemisya storage
100
Storage
Uzbekistan
Artemisya wind
100
Wind
Uzbekistan
East gate
34
Solar
United Kingdom
Higher Stockbridge
45
Solar
United Kingdom
Los Venados
20
Solar
Colombia
Saint Anne hybrid
7
Hybrid
French Guiana
Saint Anne solar
43
Solar
French Guiana
Saint Anne storage
34
Storage
French Guiana
Spitalla solar
100
Solar
Albania
Voltalia Mobility – Yusco
24
Solar
France
Total
563
Electricity production as of September 30, 2026
In GWh
Wind
Solar
Biomass
Hydro
Hybrid
Sept. 30, 2026
Sept. 30, 2025
Helexia
505
505
457
Helexia Brazil
224
224
178
Helexia Europe
282
282
279
Voltalia
1,759
1,718
31
5
47
3,561
3,191
South Africa
137
137
0
Albania
223
223
223
Brazil
1,662
739
46
2,446
2,448
Egypt
58
58
59
France
98
73
5
176
177
Greece
30
30
22
French Guiana
11
31
1
43
21
Italy
3
3
4
Jordan
103
103
105
Uzbekistan
207
207
0
Portugal
73
73
74
United Kingdom
62
62
57
Total
1,759
2,223
31
5
47
4,066
3,648
Quarterly electricity production (Q3) 2026
In GWh
Wind
Solar
Biomass
Hydro
Hybrid
Q3 2026
Q3 2025
Helexia
183
183
170
Helexia Brazil
81
81
59
Helexia Europe
102
102
111
Voltalia
775
666
14
4
17
1,476
1,113
South Africa
66
66
0
Albania
91
91
91
Brazil
751
256
17
1,024
837
Egypt
21
21
20
France
24
35
4
63
59
Greece
14
14
10
French Guiana
4
14
19
5
Italy
0
0
2
Jordan
40
40
40
Uzbekistan
86
86
0
Portugal
29
29
30
United Kingdom
23
23
20
Total
775
849
14
4
17
1,659
1,283
Average EUR/BRL rate
Average rate
9M 2026
9M 2025
EUR/BRL
5.98
6.32
Main expected impacts of the SPRING transformation plan between 2026 and 2030
Voltalia is an international player in renewable energy. The Group produces and sells electricity from its wind, solar, hydro, biomass and storage facilities. It has 3.6 GW of capacity in operation and under construction, and a portfolio of projects under development with a total capacity of 12 GW. Voltalia is also a service provider, supporting its renewable energy customers at every stage of their projects, from design to operation and maintenance. A pioneer in the business market, Voltalia offers a comprehensive range of services to businesses, from the supply of green electricity to energy efficiency services and the local production of its own electricity. With 1,900 employees in 15 countries on 3 continents, Voltalia has the capacity to act globally on behalf of its customers. Voltalia is listed on the Euronext regulated market in Paris (FR0011995588 – VLTSA) and is included in the Enternext Tech 40 and CAC Mid&Small indices. The company is also included, amongst others, in the MSCI ESG ratings and the Sustainalytics ratings.
Voltalia Email: invest@voltalia.com T. +33 (0)1 81 70 37 00
Press relations – SEITOSEI.ACTIFIN – Jennifer JULLIA jennifer.jullia@seitosei-actifin.com T. +33 (0)6 02 08 45 49
[1] See appendix for details of the expected impacts of SPRING 2 Capacity as of September 30, 2026 vs capacity as of September 30, 2025. 3 The calculation of load factors was reviewed and updated during the period in order to better reflect the actual performance of the portfolio in operation. Load factors are now weighted by the installed capacity of each power plant and by the number of hours during which it was available over the period, which notably makes it possible to take into account commissionings and changes in scope during the year. The 2025 load factors presented for comparison have been restated in line with this new methodology. By way of illustration, before restatement, the solar load factor in Brazil for the first nine months of 2025 was 23%. 4 Electric vehicle charging operator. 5 Today’s announcement. 6 Press release dated 13 October 2026. 7 Section: Operational and Financial Objectives, from the press release on the 2026 half-year results, September 3, 2026.
CONTINUED OPERATING MOMENTUM SUPPORTS 2026 OUTLOOK
Solid operating performance in 9M-2026
Tenant sales up +5.2% and footfall up +2.2%
Rental uplift of +10.3% on top of indexed passing rents, vs. +6.7% in 2025
EPRA Shopping Centres vacancy at 3.9%, improved by 140 bps vs. 9M-2025 and 20 bps vs. H1-2026
Like-for-like turnover up +2.4% incl. like-for-like Shopping Centres GRI up +3.8%
Signing of a consulting agreement with Thailand’s Asset World Corporation, covering three flagship developments in Thailand representing a first step towards a future potential franchising partnership
Further capital recyclingwith the agreement to acquire the remaining 50% stake in Metropole Zličín funded by non-core disposals secured in Q3-2026 beyond the €2.2 Bn disposal plan
€520 Mn of successful financings at attractive spreads, with the Group’s macro-hedging policy protecting earnings from sharp increases in interest rates and maintaining the average cost of debt in line with ‘A Platform for Growth’ 2025-28 guidance
Moody’s upgraded URW’s credit rating to Baa1 with a stable outlook
2026 Adjusted Recurring Earnings per Share (AREPS) expected to be within its guidance of €9.15 to €9.30.
‘Unpacking Data & AI: the Westfield approach’ organised in London at Westfield Stratford City on December 3, 2026, showcasing how data and AI enhance URW’s operating model and drive performance
Commenting on the results, Vincent ROUGET, Chief Executive Officer, said:
“Our solid Q3 results are underpinned by strong growth in tenant sales and footfall, robust leasing activity and continued reduction in vacancy to record-low levels. Positive momentum in rental uplifts was sustained during the quarter, and we are on track to achieve our FY-2026 AREPS guidance and pay a cash distribution of €5.50 per share.
During the quarter, we expanded the Westfield network through flagship rebrandings in Poland and the UK and successfully refinanced €0.5 billion at attractive spreads. Moody’s recent upgrade of the Group to Baa1 further recognises our operating and financial strength.
We are also advancing our use of data and AI to make better decisions, improve operational efficiency and drive performance for our retail partners and for URW. We look forward to sharing our progress in this area with investors and analysts in December.
With strong operating momentum, our diversified global platform and a clear focus on executing our ‘A Platform for Growth’ business plan, we have confidence in the Group’s financial trajectory despite the volatile geopolitical and macroeconomic environment.”
Unibail-Rodamco-Westfield (URW) operates vibrant retail-anchored destinations in many of the world’s best cities and urban areas. This powerful network attracts over 900 million customer visits annually, supports the growth of major retailers, and makes a significant social and economic contribution to local communities.
This network includes 65 owned shopping centres in the US and Europe that represent around 88% of the Group’s €49.5 Bn asset portfolio – with 41 centres operating under the iconic Westfield brand. URW also has partners who operate Westfield-branded destinations in fast-growing new markets.
Through its ‘A Platform for Growth’ business plan, URW is generating organic growth, leveraging the power of the Westfield brand, and unlocking capital light growth opportunities to generate compelling shareholder returns. This is supported by the Group’s ‘Better Places’ sustainability roadmap, which has established URW as a leader in the real estate industry and one of the 100 most sustainable companies in the world.
URW’s shares are listed on Euronext Paris (Ticker: URW). The Group is rated BBB+ by Standard & Poor’s and Baa1 by Moody’s.
