Author: Ravi Shankar

DALLAS, Sept. 24, 2026 (GLOBE NEWSWIRE) — RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the fourth quarter and fiscal year ended June 28, 2026.

Fourth Quarter Highlights:

• The Company recorded net income of $0.8 million for the fourth quarter of fiscal 2026, a 6.2% decrease from the same period of the prior year.
• Income before taxes decreased by 7.3% to $1.1 million for the fourth quarter of fiscal 2026 compared to the same period of the prior year.
• Total revenue increased by $0.3 million to $3.4 million for the fourth quarter of fiscal 2026 compared to the same period of the prior year, a 8.8% increase.
• Adjusted EBITDA increased by $0.1 million to $1.2 million for the fourth quarter of fiscal 2026 compared to the same period of the prior year, a 4.9% increase.
• On a fully diluted basis, net income per share was $0.06 for the fourth quarter of fiscal 2026, the same as it was in the same period of the prior year.
• Pizza Inn domestic comparable store retail sales decreased 2.8% in the fourth quarter of fiscal 2026 compared to the same period of the prior year. Fourth quarter prior year comparable sales increased 6.3%.
• Pie Five domestic comparable store retail sales decreased 17.3% in the fourth quarter of fiscal 2026 compared to the same period of the prior year. Fourth quarter prior year comparable sales decreased 7.2%.
• Cash and cash equivalents were $1.1 million on June 28, 2026.
• Short-term investments were $12.5 million on June 28, 2026.
• Pizza Inn domestic unit count finished the quarter at 91.
• Pizza Inn international unit count finished the quarter at 18.
• Pie Five domestic unit count finished the quarter at 13.

Annual Highlights:

• Pizza Inn buffet restaurant count increased by net one restaurant marking the fifth consecutive year of buffet unit count growth.
• Net income increased by $0.2 million to $2.9 million in fiscal 2026 compared to net income of $2.7 million for fiscal 2025.
• Income before taxes increased by $0.3 million to $3.9 million in fiscal 2026 compared to $3.6 million in fiscal 2025.
• Total revenue increased by $0.9 million from fiscal 2025 to a total of $12.9 million for fiscal 2026.
• Adjusted EBITDA of $3.9 million for fiscal 2026 was a $0.3 million increase from the prior year.
• On a fully diluted basis, the Company reported net income of $0.20 per share in fiscal 2026 compared to $0.19 per share in the prior year.
• RAVE total domestic comparable store retail sales increased 1.3% for the year ended June 28, 2026 compared to the same period of the prior year.
• Pizza Inn domestic comparable store retail sales increased 2.4% for the year ended June 28, 2026 compared to the same period of the prior year.
• Pie Five domestic comparable store retail sales decreased 9.9% for the year ended June 28, 2026 compared to the same period of the prior year.
• Cash provided by operating activities increased by $0.2 million to $3.6 million in fiscal 2026 compared to $3.4 million in fiscal 2025.
• Cash and short-term investments increased by $3.7 million during fiscal 2026 to $13.6 million as of June 28, 2026. 

“We are excited to report the fifth consecutive fiscal year of both buffet store count and same store sales growth at Pizza Inn” said Brandon Solano, Chief Executive Officer of RAVE Restaurant Group, Inc.

Solano added, “Fiscal 2027 is an important year for Pizza Inn. After five consecutive years of modest store growth, Pizza Inn is aiming for more significant growth this fiscal year. We opened one restaurant in August and have more on the way. Pizza Inn recently signed a 10-buffet development agreement with a multi-brand operator who has experience in the pizza industry but is new to Pizza Inn. The first five of those restaurants are anticipated to be opened in fiscal year 2027.”

“In addition, we are excited to once again partner this year with Dr. Pepper and the Southeastern Conference to promote our Pepp Rally pizza and give guests the chance to win tickets to the SEC championship game this fall. And we have awesome new products set to roll out with increased media support starting in December.”

Chief Financial Officer Jay Rooney added, “We are pleased with fiscal year 2026 top and bottom-line results. Pre-tax profit of $3.9 million is the highest level of pre-tax profitability Rave has seen in the past twenty-three years. Operating Income of $3.5 million represents a nearly 17% compound annual growth rate over the past five years. The team at Rave has done a fantastic job of flowing through revenue to net income.”

Recent Events. On August 31, 2026, the Company’s Chief Executive Officer, Mr. Brandon Solano, delivered email correspondence to the Chairman of the Company’s Audit Committee to formally complain about workplace harassment and discrimination by RAVE Restaurant Group’s Board of Directors related to assertions of harassment, intimidation, and threats, resulting from the Company’s failure to increase Mr. Solano’s annual base salary. The Board takes any claim of harassment or discrimination very seriously, and the Company engaged the Hagan Law Group on September 1, 2026, to conduct an investigation. Additional details are provided under Item 3. Legal Proceeding in the Company’s Annual Report on Form 10-K, filed September 24, 2026.  

Non-GAAP Financial Measures

The Company’s financial statements are prepared in accordance with United States generally accepted accounting principles (“GAAP”). However, the Company also presents and discusses certain non-GAAP financial measures that it believes are useful to investors as measures of operating performance. Management may also use such non-GAAP financial measures in evaluating the effectiveness of business strategies and for planning and budgeting purposes. However, these non-GAAP financial measures should not be viewed as an alternative or substitute for its financial statements prepared in accordance with generally accepted accounting principles.

The Company considers EBITDA and Adjusted EBITDA to be important supplemental measures of operating performance that are commonly used by securities analysts, investors and other parties interested in our industry. The Company believes that EBITDA is helpful to investors in evaluating its results of operations without the impact of expenses affected by financing methods, accounting methods and the tax environment. The Company believes that Adjusted EBITDA provides additional useful information to investors by excluding non-operational or non-recurring expenses to provide a measure of operating performance that is more comparable from period to period. Management also uses these non-GAAP financial measures for evaluating operating performance, assessing the effectiveness of business strategies, projecting future capital needs, budgeting and other planning purposes.

“EBITDA” represents earnings before interest, taxes, depreciation and amortization. “Adjusted EBITDA” represents earnings before interest, taxes, depreciation and amortization, stock compensation expense, severance, gain/loss on sale of assets, costs related to impairment and other lease charges, franchise default and closed store revenue/expense, and closed and non-operating store costs. A reconciliation of these non-GAAP financial measures to net income is included with the accompanying consolidated financial statements.

Note Regarding Forward Looking Statements

Certain statements in this press release, other than historical information, may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created thereby. These forward-looking statements are based on current expectations that involve numerous risks, uncertainties and assumptions. Assumptions relating to these forward-looking statements involve current judgments about future events and performance, including statements regarding our optimism that current positive trends will continue, our ability to continue to successfully open new restaurant locations, our belief that we are well positioned for continued profitability as well as the continued returns on our reimaging initiatives, the strength of our development pipeline, as well as future economic, competitive and market conditions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of RAVE Restaurant Group, Inc. Although the assumptions underlying these forward-looking statements are believed to be reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that any forward-looking statements will prove to be accurate. In light of the significant uncertainties inherent in these forward-looking statements, the inclusion of such information should not be regarded as a representation that the objectives and plans of RAVE Restaurant Group, Inc. will be achieved.

About RAVE Restaurant Group, Inc.
Dallas-based RAVE Restaurant Group [NASDAQ: RAVE] has inspired restaurant innovation and countless customer smiles with its trailblazing pizza concepts. The Company franchises, licenses and supplies Pie Five and Pizza Inn restaurants operating domestically and internationally. The Pizza Inn experience is unlike your typical buffet. Since 1958, Pizza Inn’s house-made dough, house-shredded 100% whole milk mozzarella cheese, fresh ingredients and house-made signature sauce combined with friendly service solidified the brand to become America’s favorite hometown pizza place. These, in addition to its small-town vibe, are the hallmarks of Pizza Inn restaurants. In 2011, RAVE introduced Pie Five Pizza, pioneering a fast-casual pizza brand that transformed the classic pizzeria into a concept offering personalization, sophisticated ingredients and speed. Pie Five’s craft pizzas are baked fresh daily and feature house-made ingredients, creative recipes and craveable crust creations. For more information, visit www.raverg.com, and follow on Instagram @pizzainn and @piefivepizza.

Contact:
Investor Relations
RAVE Restaurant Group, Inc.
investorrelations@raverg.com
469-384-5000

RAVE RESTAURANT GROUP, INC. CONSOLIDATED STATEMENTS OF INCOME (In thousands, except share amounts)
		Fiscal Year Ended
			June 28,				June 29,				June 30,
			2026				2025				2024
REVENUES		$	12,910			$	12,039			$	12,150
COSTS AND EXPENSES
General and administrative expenses			5,898				5,234				5,277
Franchise expenses			3,364				3,397				3,656
Provision (recovery) for credit losses			7				(21	)			69
Depreciation and amortization expense			167				182				219
Total costs and expenses			9,436				8,792				9,221
OPERATING INCOME			3,474				3,247				2,929
Interest income			391				354				153
Other income			19				19				10
INCOME BEFORE TAXES			3,884				3,620				3,092
Income tax expense			1,006				918				619
NET INCOME		$	2,878			$	2,702			$	2,473
INCOME PER SHARE OF COMMON STOCK
Basic		$	0.20			$	0.19			$	0.17
Diluted		$	0.20			$	0.19			$	0.17
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic			14,212				14,499				14,446
Diluted			14,304				14,561				14,630

RAVE RESTAURANT GROUP, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts)
			June 28,				June 29,
			2026				2025
ASSETS
CURRENT ASSETS
Cash and cash equivalents		$	1,123			$	2,859
Short-term investments			12,487				7,024
Accounts receivable, less allowance for credit losses of $30 and $31, respectively			1,446				1,171
Notes receivable, current			37				45
Assets held for sale			33				38
Deferred contract charges, current			24				21
Prepaid expenses and other current assets			613				335
Total current assets			15,763				11,493
LONG-TERM ASSETS
Property and equipment, net			101				137
Operating lease right-of-use assets, net			177				489
Intangible assets definite-lived, net			100				182
Notes receivable, net of current portion			41				75
Deferred tax asset, net			3,103				3,995
Deferred contract charges, net of current portion			251				186
Total assets		$	19,536			$	16,557
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable – trade		$	203			$	207
Accrued expenses			933				855
Operating lease liabilities, current			193				370
Deferred revenues, current			364				308
Total current liabilities			1,693				1,740
LONG-TERM LIABILITIES
Operating lease liabilities, net of current portion			12				206
Deferred revenues, net of current portion			501				457
Total liabilities			2,206				2,403
COMMITMENTS AND CONTINGENCIES (SEE NOTE H)
SHAREHOLDERS’ EQUITY
Common stock, $0.01 par value; authorized 26,000,000 shares; issued 25,647,171 and 25,647,171 shares, respectively; outstanding 14,211,566 and 14,211,566 shares, respectively			256				256
Additional paid-in capital			37,814				37,516
Retained earnings			10,492				7,614
Treasury stock, at cost
Shares in treasury: 11,435,605 and 11,435,605 respectively			(31,232	)			(31,232	)
Total shareholders’ equity			17,330				14,154
Total liabilities and shareholders’ equity		$	19,536			$	16,557

RAVE RESTAURANT GROUP, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)
		Fiscal Year Ended
			June 28,				June 29,				June 30,
			2026				2025				2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income		$	2,878			$	2,702			$	2,473
Adjustments to reconcile net income to cash provided by operating activities:
Amortization of discount on short-term investment			(219	)			(115	)			(50	)
Stock-based compensation expense			298				136				149
Depreciation and amortization			85				101				135
Amortization of operating lease right-of-use assets			313				352				410
Amortization of definite-lived intangible assets			82				81				84
Non-cash lease expense			10				24				46
Provision (recovery) for credit losses			7				(21	)			69
Deferred income tax			892				761				586
Changes in operating assets and liabilities:
Accounts receivable			(282	)			261				(335	)
Notes receivable			42				27				(14	)
Deferred contract charges			(68	)			16				30
Prepaid expenses and other current assets			(278	)			(168	)			37
Accounts payable – trade			(4	)			(152	)			(143	)
Accrued expenses			78				(60	)			25
Operating lease liabilities			(382	)			(429	)			(511	)
Deferred revenues			100				(121	)			(146	)
Cash provided by operating activities			3,552				3,395				2,845
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of short-term investments			(14,464	)			(14,117	)			(10,115	)
Maturities of short-term investments			9,220				12,153				5,220
Purchase of assets held for sale			(4	)			(19	)			–
Proceeds from sale of assets held for sale			9				14				3
Purchase of definite-lived intangible assets			–				(11	)			(8	)
Purchase of property and equipment			(49	)			(56	)			(76	)
Cash used in investing activities			(5,288	)			(2,036	)			(4,976	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of treasury stock			–				(1,204	)			–
Taxes paid on issuance of restricted stock units			–				(182	)			(311	)
Cash used in financing activities			–				(1,386	)			(311	)
Net decrease in cash and cash equivalents			(1,736	)			(27	)			(2,442	)
Cash and cash equivalents, beginning of period			2,859				2,886				5,328
Cash and cash equivalents, end of period		$	1,123			$	2,859			$	2,886
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
CASH PAID FOR:
Franchise and state income taxes, net of refunds		$	117			$	122			$	5
Federal income taxes, net of refunds		$	–			$	–			$	–

RAVE RESTAURANT GROUP, INC. ADJUSTED EBITDA (In thousands)
	Fiscal Year Ended
		June 28,				June 29,
		2026				2025
Net income	$	2,878			$	2,702
Interest income		(391	)			(354	)
Income taxes		1,006				918
Depreciation and amortization		167				182
EBITDA	$	3,660			$	3,448
Stock-based compensation expense		298				136
Severance		14				12
Franchisee default and closed store revenue		(24	)			(13	)
Adjusted EBITDA	$	3,948			$	3,583

The academic community can now access advanced automation and AI-powered workflows as part of Bluebeam’s ongoing commitment to the future of the AEC industry.

PASADENA, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) — Bluebeam, a leading developer of solutions and services for architecture, engineering, and construction (AEC) professionals worldwide and part of the Nemetschek Group, today announced the global availability of Bluebeam Max for academic subscribers, bringing advanced AI-powered productivity tools and intelligent review capabilities to students and educators around the world.  

Academic access to Max, Bluebeam’s most advanced subscription tier, is available at no cost to eligible students and educators, helping institutions build AI-assisted review and automation into coursework rather than leaving those skills to on-the-job training.  

Bluebeam Max includes Revu’s most advanced AI-powered capabilities designed to help users automate repetitive tasks, identify design changes faster, improve collaboration and gain insights from project documents. The premium experience includes AI-assisted review, automated markup generation, intelligent document comparison and advanced document workflows, powered by capabilities such as Smart Review, Smart Overlay, Magic Markups, Stitching, and Revu connected to AI via Model Context Protocol (MCP).  

As technology continues to reshape the built environment, Bluebeam is committed to ensuring students and educators have access to the same innovative tools being adopted across the industry. 

“The next generation of AEC professionals will enter a workplace where AI and automation are already a part of how projects get reviewed and delivered,” said Sarah Parkinson, Academic Program Lead at Bluebeam. “By expanding access to Bluebeam’s most advanced technology, exclusively available with a Max subscription, we’re helping students build career-ready digital skills and giving educators access to the latest industry technology.” 

Global Academic User Success 

Bluebeam’s academic program supports universities, colleges, technical schools, training institutions and registered apprenticeship programs worldwide, helping institutions across North America, Europe, Asia-Pacific and other regions prepare students for increasingly digital construction workflows.  

Linköping University 

For nearly a decade, Linköping University in Sweden has incorporated Bluebeam into its construction logistics curriculum. By working with real project drawings and documentation, students can focus on solving practical construction challenges while building skills that translate directly to professional practice. 

“We’ve used Bluebeam in our construction logistics teaching since 2017, and one of its greatest strengths is how quickly students can start applying it to real-world problems,” said Martin Rudberg, Professor at Linköping University. “Bluebeam allows students to focus on solving real construction logistics problems instead of learning software for the sake of learning software. That hands-on experience helps them develop skills they’ll use throughout their careers.” 

 Green Mountain High School 

Through Bluebeam’s academic program, Green Mountain High School is helping students gain industry-recognized skills while earning credentials that support their future academic and career goals. By integrating Bluebeam into its construction and design curriculum, students work with professional-grade technology while developing competencies that align with Colorado’s Career and Technical Education pathways. Students also have opportunities to apply their skills through industry competitions and project-based learning experiences that connect classroom instruction with real-world challenges. 

“One of the most valuable aspects of Bluebeam is that it gives students the opportunity to earn industry-recognized credentials while meeting educational milestones and building skills that are directly relevant to the workforce,” said Alexander Adkisson, Construction Teacher at Green Mountain High School. “They apply what they learn in hands-on projects and competitions, so by graduation they’ve already done the work. That’s a real advantage whether they head to a four-year program, an apprenticeship or straight into a job.” 

Bluebeam Max was designed to help AEC professionals reduce manual work and surface project insights more quickly through AI-powered capabilities. The expansion to students and educators reflects Bluebeam’s broader commitment to supporting lifelong learning and accelerating innovation across the industry.  

Students and educators can learn more about Bluebeam Max by visiting bluebeam.com/bluebeam-max and can sign up for free academic access here: bluebeam.com/community/academic. 

 

CONTACT: Nicole Worley
Bluebeam, Inc. 
nworley@bluebeam.com

ibex Wave iX Virtual Agent Honored for Exceptional Innovation

WASHINGTON, Sept. 24, 2026 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a global leader in outsourced business services and AI-powered customer experience solutions, today announced that ibex Wave iX AI Virtual Agent was named 2026 Product of the Year Award winner by CUSTOMER Magazine.

ibex Wave iX AI Virtual Agent enables leading brands to automate customer interactions while increasing resolution rates, boosting customer satisfaction, and driving efficiency. It delivers AI-driven, brand-aligned voice and text experiences that are human-like, hyper-personalized, and scalable, seamlessly integrating with human agent support systems to enable fast escalation and efficient resolution of complex issues.

“This recognition from CUSTOMER magazine underscores ibex’s leadership position in leveraging AI across both the customer and agent lifecycles,” said Michael Darwal, Chief AI and Digital Officer at ibex. “With ibex Wave iX Virtual Agent, we create seamless end-to-end customer journeys—from journey mapping and integration to business insights and continuous improvement—that enhance the customer experience and drive meaningful ROI for leading global brands.”

The 2026 CUSTOMER Product of the Year Award recognizes solutions providers that are advancing the contact center, CX, CRM, and teleservices industries one solution at a time. The award highlights products which enable their clients to meet and exceed the expectations of their customers.

“On behalf of TMC and CUSTOMER magazine, it is my honor to recognize ibex with a 2026 Product of the Year Award,” said Rich Tehrani, CEO and Group Editor-in-Chief of TMC. “ibex Wave iX Virtual Agent has clearly earned its place among the industry’s top solutions, and I’m eager to see how ibex continues to innovate and lead in 2026 and beyond.”

About ibex

ibex is a global leader in outsourced business services and AI-powered customer experience solutions, enabling the world’s best brands to deliver truly differentiated experiences for their customers. Leveraging a global team of more than 36,000 human CX experts – powered by the best AI technology, decades of CX innovation, and deep business insights – ibex engineers seamless, end-to-end customer journeys from AI agents to human agents at scale across retail, e-commerce, healthcare, fintech, utilities, technology, logistics, and more. Discover more at ibex.co and connect with us on LinkedIn.

About CUSTOMER Magazine

TMC’s CUSTOMER magazine, originally launched in 1982 as Telemarketing magazine, remains the go-to resource for news, insights, and strategies that elevate customer engagement across all channels. Each issue explores the latest advancements in AI-powered CX, omnichannel communication, agent enablement, customer journey analytics, conversational AI, automation, mobile and cloud-based solutions, workforce optimization, and more. For additional information, please visit https://www.customerzone360.com.

About TMC

TMC provides global buyers with valuable insights to make informed tech decisions through our editorial platforms, live events, webinars, and online advertising. Leading vendors trust TMC, thought leadership, and our events for branding, thought leadership, and lead generation. Our live events, like the ITEXPO #TECHSUPERSHOW, deliver unmatched visibility, while our custom lead generation programs and webinars ensure a steady flow of sales opportunities. Display ads on trusted sites generate millions of impressions, boosting brand reputations. TMC offers a complete 360-degree marketing solution, from event management to content creation, driving SEO, branding, and marketing success. Learn more at www.tmcnet.com and follow @tmcnet on Facebook, LinkedIn, and X.

ibex Contact
Dan Burris
Ibex
Daniel.Burris@ibex.co

TMC Contact        
Stephanie Thompson
Manager, TMC Awards
203-852-6800
sthompson@tmcnet.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ddba6a4-5a71-4301-81b6-79fa666e68de

Save on this year’s hottest Motorola tech with Verizon

At a glance:

• Get Simplicity and save: Customers on Verizon’s Simplicity plan can save on every new Motorola smartphone. Plus, save up to $1,100 with an eligible trade-in on select myPlan options.
• Get a moto watch ultra on us: Switch to Verizon and get the motorola razr fold for $25 per month on Simplicity with no trade-in required, plus get a moto watch ultra on us with a new watch line.
• Available now: Verizon customers can purchase the motorola razr fold, motorola razr+ 2026, motorola razr 2026 with Crystals by Swarovski^® and moto watch ultra starting today.

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) — Verizon today announced the nationwide availability of Motorola’s latest 2026 device lineup, offering incredible savings on cutting-edge foldable smartphones and connected wearables.

Verizon customers can enjoy simple pricing, no activation or upgrade fees. And, with the Simplicity plan, all customers get access to America’s Most Reliable 5G Network^* at an affordable price, including unlimited 5G Ultra Wideband data, 10GB of premium mobile hotspot and roaming in Canada and Mexico; all standard. That’s it. That’s the plan.

The full Motorola line-up
The flagship motorola razr fold ($1,949.99 retail) features an expansive 8.1-inch main display and is built for mobile productivity and heavy multitasking, with advanced AI tools, like Google Gemini and Perplexity search to make life even easier.

For those that want a compact flip design, the motorola razr+ 2026 ($1,099.99 retail) includes a 6.9-inch inner display alongside a fully functional 4-inch external screen. The phone’s design makes it convenient for everyday use, folding down into a compact profile that easily fits in a pocket and allowing users to conveniently check grocery lists, scroll social networks and capture hands-free photos without even opening the device.

Adding high fashion to high performance, the motorola razr 2026 with Crystals by Swarovski ($999.99 retail) offers a PANTONE Meteorite finish studded with real Swarovski crystals.

Designed for active lifestyles, the moto watch ultra ($349.99 retail) provides phone-free freedom with Verizon connectivity. Take calls, control smart home devices using Google Gemini and manage music directly from the watch. Advanced Polar health tracking delivers daily recovery and stress insights, while a durable, water-resistant design ensures seamless performance anywhere.

Designed to elevate everyday listening, the moto buds 2 plus ($149 retail) fit seamlessly into busy routines. Active noise cancellation quiets commutes, while spatial audio delivers immersive sound. Smart microphones keep calls clear, and all-day battery life powers everyday listening.

Verizon’s best Motorola deals
Verizon makes upgrading easy with flexible promotional offers available for new and existing customers:

• Get Simplicity and save: Customers choosing Verizon’s Simplicity plan can save up to $749.99 off retail prices, bringing the motorola razr with Crystals by Swarovski to $10 per month, the motorola razr+ 2026 to $15 per month and the motorola razr fold to $25 per month when they choose a 48 month device payment plan. Additional terms apply.
• Trade-in deals: New and existing customers on select myPlan can receive up to $1,100 off select Motorola smartphones with an eligible trade-in. Discount applied as bill credits over 36 months. Additional terms apply.
• moto watch ultra on us: Buy or bring your own Motorola smartphone and receive a moto watch ultra for $0 per month ($350 savings) when adding a new connected watch line. Discount applied as bill credits over 36 months. Additional terms apply.

Verizon Loyalty: The only loyalty program for ALL customers on any plan
Goodbye activation and upgrade fees: All postpaid customers on all phone and connected device plans can opt into Verizon’s Loyalty program and say goodbye to activation and upgrade fees—that’s up to $40 in fees per device.

Verizon Dollars: A program that rewards customers with 3% back in Verizon Dollars every single month, just for being a customer. Verizon Dollars can be redeemed for devices (including the new Motorola phones), accessories, gift cards or use them on hotel rewards. Opt-in into Verizon Dollars in one simple step through the My Verizon app.

Verizon Shine, every Monday, every day, all year-round: The loyalty program that gives customers a reason to look forward to Monday, all year-round. Verizon customers can enter weekly for a chance to win once-in-a-lifetime experiences, alongside daily drops including tickets to concerts and sporting events, exclusive merchandise, gift cards and more. Check out Verizon Shine for details.

Get 6 months of Google AI Pro perk on us
Verizon is making it easier and cheaper than ever to dive into generative AI with 6 months of the Google AI Pro perk on us. Get advanced access to Gemini to help you create, brainstorm and simplify your day, plus a massive 5 TB of cloud storage for all your photos and videos.

This offer is available for new and existing customers on eligible Simplicity, myPlan, FWA and Fios plans that are not currently subscribed to the Google AI Pro perk. Best of all, you can pair this powerful AI experience with any new smartphone. After the promo period, it continues at a discounted rate of $10 per month (a savings of $9.99 a month).

Get your motorola razr today 
To learn more about Motorola’s full 2026 product lineup and trade-in offers, visit verizon.com, the My Verizon app or your local Verizon store.

This announcement was originally published by Verizon. Read the original press release.

*America’s Most Reliable 5G Network” based on RootMetrics® U.S. RootScore® Report: 1H 2026. Not an endorsement. All rights reserved.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
George Koroneos
george.koroneos@verizon.com

“The Trump administration is committed to keeping nicotine out of the hands of kids, getting counterfeit vaping products off the streets, and providing safer alternatives for adults who want to quit smoking cigarettes.”

“A Streamlined pathway for FDA authorization will make Charlie’s PACHA^™ product line one of the most valuable PMTA portfolios in the industry.”

COSTA MESA, CA, Sept. 24, 2026 (GLOBE NEWSWIRE) — Charlie’s Holdings, Inc. (OTCQB: CHUC) (“Charlie’s” or the “Company”), an industry leader in the premium vapor products space, applauds the Trump administration’s new plans to revise U.S. Food and Drug Administration (“FDA”) rules governing applications for new tobacco products, likely making it easier and faster for products such as Charlie’s flavored vapes to win regulatory approval.

As reported yesterday in The Wall Street Journal, the FDA is expected to announce in coming days that it will revisit a 2021 rule that outlined requirements for new tobacco products as governed by the Agency’s Premarket Tobacco Application (“PMTA”) review process. Tobacco companies have long complained that this FDA review process is essentially a regulatory gauntlet that takes much longer than the six month time-frame mandated by Congress.

As a point of reference, since September 2020 Charlie’s has been attempting to obtain FDA marketing authorization for certain of its tobacco-derived nicotine e-liquid products. Further, since May 2022, Charlie’s has been attempting to obtain FDA marketing authorization for hundreds of synthetic nicotine products that are subject to the same FDA rules as tobacco-derived nicotine products.

“The unwieldy PMTA review process has punished hundreds of small American businesses that have spent years and untold millions of dollars attempting to comply with the FDA’s tobacco product authorization process,” explained Henry Sicignano, Charlie’s President and Chief Executive Officer. “Meanwhile billions of dollars of illicit product – made by Chinese manufacturers who thumbed their noses at the FDA – have flooded American streets. Charlie’s is thrilled that the US regulatory landscape is, at last, changing.”

As reported by The Wall Street Journal, “the Trump administration is committed to keeping nicotine out of the hands of kids, getting counterfeit vaping products off the streets, and providing safer alternatives for adults who want to quit smoking cigarettes.”

Reportedly, the Trump administration hopes to see tobacco products it considers less harmful for smokers, such as flavored vapes, enter the market more easily, people familiar with the matter said. This refreshing perspective aligns squarely with Charlie’s corporate mission: to provide adult smokers with better alternatives to combustible cigarettes. What’s more, Charlie’s is scheduled to launch, this year, America’s first flavored disposable vapes – that cannot be activated by underage consumers.

Charlie’s commitments to regulatory compliance and youth access prevention are what distinguish the company.

“After selling 16 PACHA^™ brand PMTA Products in 2025 to one of the world’s largest tobacco companies, Charlie’s retains 678 timely-filed PMTA assets,” Mr. Sicignano explained. “We believe the Trump Administration’s streamlined pathway for FDA authorization of timely-filed PMTAs will make Charlie’s PACHA product line one of the most valuable PMTA portfolios in the industry.”

About Charlie’s Holdings, Inc.

Charlie’s Holdings, Inc. (OTCQB: CHUC) is an industry leader in the premium vapor products space. The Company’s products are sold around the world to select distributors, specialty retailers, and third-party online resellers through subsidiary company Charlie’s Chalk Dust, LLC has developed an extensive portfolio of brand styles, flavor profiles, and innovative product formats.

For additional information, please visit Charlie’s corporate website at: Chuc.com and the Company’s branded online websites: sbxvape.com, CharliesChalkDust.com, enjoypachamama.com, and Pacha.co.

Safe Harbor Statement 

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the Company’s overall business, existing and anticipated markets and expectations regarding future sales and expenses. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms, and similar expressions, are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ongoing ability to quote its shares on the OTCQB; whether the Company will meet the requirements to up-list to a national securities exchange in the future; the Company’s ability to successfully increase sales and enter new markets; whether the Company’s PMTA’s for its nicotine-containing products will be authorized by the FDA, and the FDA’s decisions with respect to the Company’s future PMTA’s for nicotine products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to formulate new products; the acceptance of existing and future products; the complexity, expense and time associated with compliance with government rules and regulations affecting nicotine, synthetic nicotine, products containing nicotine substitutes, and products containing cannabidiol; litigation risks from the use of the Company’s products; risks of government regulations; the impact of competitive products; and the Company’s ability to maintain and enhance its brands, as well as other risk factors included in the Company’s most recent quarterly report on Form 10-Q, annual report on Form 10-K, and other SEC filings. These forward-looking statements are made as of the date of this press release and are based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

Investors Contact:
IR@charliesholdings.com
Phone: 949-570-069

Company outlines its post-acquisition review of ZentoAI and the measures being taken in response to recent external developments

MACAU, Sept. 24, 2026 (GLOBE NEWSWIRE) — Zenta Group Company Limited (“Zenta Group” or the “Company”) (Nasdaq: ZTG) today provided a business update on its wholly owned subsidiary, ZentoAI Intelligent Technology Company Limited (“ZentoAI”), following completion of the Company’s acquisition of 100% of the issued and outstanding shares of ZentoAI on September 11, 2026.

Post-Acquisition Review and External Developments

Following completion of the acquisition, the Company, together with ZentoAI’s management, commenced a review of ZentoAI’s operations and commercial pipeline. In the period since completion, ZentoAI’s operating environment has been affected by external developments that are beyond the control of the Company and ZentoAI, and that the Company considers to be in the nature of force majeure. These developments have had a significant effect on the procurement plans of ZentoAI’s prospective customers.

As a consequence, the prospective customers with whom ZentoAI had been in discussions prior to completion have either informed ZentoAI that they will not proceed with their proposed engagements or have suspended those engagements indefinitely. None of those discussions had progressed to a binding purchase order or definitive agreement. ZentoAI’s commercial performance since completion has therefore been below the level the Company anticipated at the time of the acquisition, and the Company is reassessing ZentoAI’s commercial pipeline in light of these changed circumstances.

As of September 24, 2026, ZentoAI has no confirmed customer purchase orders, no signed commercial contracts generating committed revenue, and no other binding customer commitments forming part of its current order pipeline.

Accordingly, ZentoAI has no contracted or committed revenue arising from customer orders as of that date. The Company is not in a position to state that any revenue will arise from ZentoAI’s business development activities described below.

Measures Taken by the Company

Since becoming aware of these developments, the Company has worked closely with ZentoAI’s management to respond to them and to protect the interests of the Company and its shareholders. These measures include re-engaging with the affected prospective customers to understand their revised requirements and timing; identifying and pursuing alternative customers, partners and market segments for ZentoAI’s artificial-intelligence and data platform services, with the aim of securing new customer purchase orders; reviewing ZentoAI’s cost base and resource allocation so that they are aligned with the current level of commercial activity; and evaluating the options available to the Company to mitigate any potential loss arising from these developments.

Notwithstanding these efforts, the Company does not currently anticipate that ZentoAI will secure customer purchase orders or generate meaningful revenue in the near term. The Company is also assessing the potential effect of these developments on the carrying amount of its investment in ZentoAI, including any goodwill and intangible assets recognised on the acquisition, which will be reflected in the Company’s financial statements as appropriate. The Company will make further announcements as and when appropriate, including upon ZentoAI entering into any material customer agreement.

Discussions, expressions of interest, proposals, pilot arrangements, memoranda of understanding, and letters of intent do not constitute confirmed customer orders or committed revenue, and will not do so unless and until definitive agreements are executed and any conditions to those agreements are satisfied. There can be no assurance that any such discussion or arrangement will result in a definitive agreement, in any order, or in any revenue.

Management Commentary

Mr. Ng Wai Ian, Chairman and Chief Executive Officer of Zenta Group, commented: “The developments affecting ZentoAI’s pipeline have arisen from external circumstances outside our control. We acted promptly to reassess the business and to put in place measures to protect the interests of our shareholders, and we are working closely with the ZentoAI team to engage new customers and mitigate the impact on the Group. We will continue to keep the market informed of material developments.”

Purpose of This Disclosure

The Company is providing this update so that investors and market participants have an accurate understanding of ZentoAI’s current commercial position following the completion of the acquisition, and of the steps the Company is taking in response. The Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) remain the authoritative source for information regarding the Company and its subsidiaries, and are available free of charge at www.sec.gov and through the Company’s investor relations website at https://ir.zenta.mo.

About Zenta Group Company Limited

Zenta Group Company Limited is a holding company incorporated in the Cayman Islands, with operations conducted in Macau through its operating subsidiaries. The Company is a professional services provider in Macau engaged in the provision of industrial park consultation services and business investment consultation services, and in the sale of fintech products and services. Its clients are primarily from the Greater Bay Area of China. Following the Company’s acquisition of ZentoAI in September 2026, the Group also provides artificial-intelligence and data platform services to customers in mainland China and Asia.

The Company’s Class A ordinary shares have traded on the Nasdaq Capital Market since September 9, 2025, and trade under the symbol “ZTG.”

For more information, please visit the Company’s investor relations website: https://ir.zenta.mo

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including statements regarding the Company’s reassessment of ZentoAI’s commercial pipeline, the measures being taken to secure alternative customers and to mitigate the impact of external developments, the expected timing of any orders or revenue, the potential effect of these developments on the Company’s financial statements, and whether any business development discussion may result in definitive agreements, orders, or revenue. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations. Investors can identify these forward-looking statements by words or phrases such as “believes,” “expects,” “anticipates,” “intends,” “plans,” “pursues,” “may,” “will,” “would,” “should,” or “could,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review the risk factors and other information in the Company’s filings with the SEC, including its Annual Report on Form 20-F for the fiscal year ended September 30, 2025.

CONTACT: For investor and media inquiries, please contact:

Zenta Group Company Limited, Investor Relations, Avenida do Infante D. Henrique, No. 47-53A, Macau Square, 13th Floor, Unit M, Macau 999078 Tel: +853 2840 0625 Email: ir@zenta.mo

New agreement provides visibility into volume and pricing to support the Company’s global customer commitments

ARLINGTON, Va., Sept. 24, 2026 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage systems, services, and asset optimization software, today announced a multiyear master supply agreement with EVE Power Co., Ltd. (“EVE Power”), an established global lithium battery manufacturer. Under the terms of the agreement, EVE Power will supply batteries for Fluence energy storage systems.

“EVE Power is an important strategic partner for Fluence, and we see significant opportunity to build on this relationship globally,” said Roman Loosen, SVP and Chief Supply Chain Officer, Fluence. “This multiyear partnership strengthens our access to advanced battery technology and supports our ability to meet customer commitments with greater agility and cost certainty while maintaining the high performance, reliability, and safety standards that guide every Fluence product.”

The agreement supports Fluence’s global supply strategy, while the Company separately continues to tailor its supply chain approach for the U.S. market, including but not limited to its domestic content offering, and explore localization approaches for other markets.

About Fluence  
Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company’s solutions and operational services are helping to create a more resilient grid, from powering the next generation of AI-driven data centers to unlocking the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future.

For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence’s Full Potential Blog.  

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical facts contained in this press release, including without limitation, anticipated impact of the new battery agreement on the Company, its business, and on the Company’s ability to support customer commitments, the performance of the Company’s supply chain, the Company’s US and global supply chain strategy, and projected costs, beliefs, assumptions, prospects, plans and objectives of management and timing associated therewith. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “seeks,” “expects,” “plans,” “anticipates,” “grows,” “could,” “intends,” “targets,” “projects,” “contemplates,” “commits”, “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements are subject to a number of risks, uncertainties, and other important factors that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, the elimination or expiration of government incentives or regulations regarding renewable energy; changes in the global trade environment; fluctuations in order intake and results of operations across fiscal periods; a significant reduction in order volume or loss of significant customers or their inability to perform under contracts; competition for offerings and the ability to attract new customers and retain existing ones; maintaining and enhancing reputation and brand recognition; our ability to manage recent and future growth and the expansion of our business and operations; our ability to attract and retain highly qualified personnel; our growth depending on the success of relationships with third parties; delays, disruptions, and quality control problems in manufacturing operations; risks associated with engineering and construction, utility interconnection, commissioning and installation of energy storage products, cost overruns, and delays; supplier concentration and limited supplier capacity; operating as a global company with a global supply chain; changes in the cost and availability of raw materials and underlying components; lengthy sales and installation cycle for energy storage solutions; quality and quantity of components provided by suppliers; defects, errors, vulnerabilities, and/or bugs in products and technology; events and incidents relating to storage, delivery, installation, operation, maintenance, and shutdowns of products; current and planned foreign operations; failure by contract manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; actual or threatened health epidemics, pandemics, or similar public health threats; severe weather events; acquisitions made or that may be pursued; our ability to obtain financial assurances for projects; relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increases in expenses in the future and our ability to maintain prolonged profitability; the risk that amounts included in the pipeline and contracted backlog may not result in actual revenue or translate into profits; restrictions set forth in current and future credit and debt agreements; our uncertain ability to raise additional capital to execute on business opportunities; fluctuations in currency exchange rates; whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for offerings does not develop or takes longer to develop than anticipated; our estimates on the size of the total addressable market; macroeconomic uncertainty and market conditions; interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers’ ability to finance energy storage systems and demand for energy storage solutions; the cost of electricity available from alternative sources; a decline or delay in public acceptance of renewable energy, or increase in the cost of customer projects; increased attention to environmental, social and governance matters; our ability to obtain, maintain, and enforce proper protection for intellectual property, including technology; the threat of lawsuits by third parties alleging intellectual property violations; our having adequate protection for trademarks and trade names; our ability to enforce intellectual property rights; our patent portfolio; our ability to effectively protect data integrity of technology infrastructure, data, and other business systems; the use of open-source software; our failure to comply with third-party license or technology agreements; our inability to license rights to use technologies on reasonable terms; compromises, interruptions, or shutdowns of systems; use of artificial intelligence (“AI”) technologies; potential changes in tax laws or regulations; barriers arising from current electric utility industry policies and regulations and any subsequent changes; environmental, health, and safety laws and potential obligations, liabilities, and costs thereunder; actual or perceived failure to comply with data privacy and data security laws, regulations, industry standards, and other requirements relating to the privacy, security, and processing of personal information; potential future legal proceedings, regulatory disputes, and governmental inquiries; ownership of our Class A common stock; short-seller activists; being a “controlled company” within the meaning of the rules of the Nasdaq Stock Market; conflicts of interest by officers and directors due to positions with our continuing equity owners; relationship with our founders and continuing equity owners; terms of our amended and restated certificate of incorporation and amended and restated bylaws; our dependence on distributions from Fluence Energy, LLC to pay taxes and expenses and Fluence Energy, LLC’s ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks related to the 2030 Convertible Senior Notes; improper and ineffective internal control over reporting to comply with the Sarbanes-Oxley Act; changes in accounting principles or their applicability; and estimates or judgments relating to critical accounting policies; and other important factors set forth under Part I, Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 25, 2025, as well as in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

Media Contact
Shayla Ebsen, Director of Communications
Email: media.corporate@fluenceenergy.com
Phone: +1 (605) 645-7486

Analyst Contact
Chris Shelton, Vice President, Finance and Investor Relations
Email: investorrelations@fluenceenergy.com

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) — Digital Currency X Technology Inc. (Nasdaq: DCX) (the “Company”) announced today that, at the extraordinary general meeting of shareholders of the Company held on September 3, 2026, its shareholders approved, among other things, the implementation of a share consolidation of the Company’s issued and unissued Class A Ordinary Shares, par value US$0.0001 each, and Class B Ordinary Shares, par value US$0.0001 each, at a ratio of one hundred and sixty (160)-for-one (1), such that every one hundred and sixty (160) Class A Ordinary Shares be consolidated into one Class A Ordinary Share of a par value of US$0.016 each and every one hundred and sixty (160) Class B Ordinary Shares be consolidated into one Class B Ordinary Share of a par value of US$0.016 each (the “Share Consolidation”), and the rounding up of any fractional shares resulting from the Share Consolidation to the nearest whole Class A Ordinary Share or Class B Ordinary Share, as applicable, which shall take effect at 12.01 AM (Eastern Time) on September 28, 2026 (the “Effective Date”).

Upon the opening of the market on September 28, 2026, the Company’s Class A Ordinary Shares are expected to begin trading on Nasdaq on a post-Share Consolidation basis under the current symbol “DCX.”

Every one hundred and sixty (160) outstanding Class A Ordinary Shares or Class B Ordinary Shares will be combined into and automatically become one post-Share Consolidation Class A Ordinary Share or Class B Ordinary Share, respectively. No fractional shares will be issued in connection with the Share Consolidation. Instead, the Company will issue one full post-Share Consolidation Class A Ordinary Share or Class B Ordinary Share, as applicable, to any shareholder who would have been entitled to receive a fractional share as a result of the process. The new CUSIP number following the Share Consolidation is G4465R145, replacing the Company’s current CUSIP number, G4465R137, for its Class A Ordinary Shares.

The Share Consolidation will reduce the number of issued and outstanding shares of the Company from 375,387,811 Class A Ordinary Shares and 1,334 Class B Ordinary Shares to approximately 2,346,174 Class A Ordinary Shares and approximately 9 Class B Ordinary Shares, respectively. As more particularly described in the Company’s Report on Form 6-K reporting the results of the EGM, the Share Consolidation will proportionately reduce the number of authorized shares and increase the par value per share to US$0.016, while the Company’s authorized share capital will remain US$300,000. Immediately following the Share Consolidation, the related share capital increase will increase the Company’s authorized share capital to US$48,000,000. Subject to the Share Consolidation and the share capital increase becoming effective, the subsequent share capital reduction and reorganization will restore the par value of each issued Class A Ordinary Share and Class B Ordinary Share to US$0.0001 (unchanged from immediately prior to the EGM) and the Company’s authorized share capital to US$300,000 divided into 2,994,600,000 Class A Ordinary Shares and 5,400,000 Class B Ordinary Shares (also unchanged from immediately prior to the EGM).

Proportionate adjustments will be made, based on the ratio of the Share Consolidation, to the per share exercise price and the number of shares issuable upon the exercise or conversion of all outstanding options, warrants, convertible or exchangeable securities entitling the holders thereof to purchase, exchange for, or convert into, Class A Ordinary Shares or Class B Ordinary Shares. This will result in approximately the same aggregate price being required to be paid under such options, warrants, convertible or exchangeable securities upon exercise, and approximately the same value of Class A Ordinary Shares and Class B Ordinary Shares being delivered upon such exercise, exchange or conversion, immediately following the Share Consolidation as was the case immediately preceding the Share Consolidation. The foregoing describes the proportionate adjustment resulting from the Share Consolidation only. The Series A warrants and Series B warrants issued in the Company’s registered direct offering that closed on September 21, 2026 additionally provide that, upon the Share Consolidation, the exercise price will be further reduced to the lowest daily volume weighted average price of the Class A Ordinary Shares during the period commencing five trading days prior to, and ending five trading days after, the Effective Date, with a corresponding increase in the number of Class A Ordinary Shares issuable upon exercise, so that the aggregate exercise price remains unchanged. Accordingly, the number of Class A Ordinary Shares issuable upon exercise of those warrants may be greater than the number resulting from the proportionate adjustment described above.

Equiniti Trust Company, LLC, the Company’s transfer agent, is acting as exchange agent for the Share Consolidation. Shareholders holding shares in book-entry form, or through a bank, broker or other nominee, are not required to take any action, as their holdings will be automatically adjusted to reflect the Share Consolidation. Shareholders holding physical share certificates representing pre-Share Consolidation shares will receive instructions from the transfer agent regarding the exchange of such certificates for post-Share Consolidation shares.

About Digital Currency X Technology Inc.

Digital Currency X Technology Inc. (Nasdaq: DCX) is a pioneering digital asset treasury management company focused on developing innovative infrastructure for secure cryptocurrency custody and storage solutions. The Company has strategically positioned itself at the forefront of institutional digital asset adoption. The Company is executing a comprehensive digital currency strategy that includes treasury optimization, participation in decentralized finance (DeFi) ecosystems, and development of advanced custody infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected timing and effects of the Share Consolidation, the expected number of shares to be issued and outstanding following the Effective Date, and the continued listing and trading of the Company’s class A ordinary shares on The Nasdaq Stock Market LLC. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in such statements as a result of various factors, including those described in the Company’s filings with the SEC. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release, except as required by law.

Investor Relations Contact

Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) — Stellar V Capital Corp. (Nasdaq: SVCC) (“Stellar”), a special purpose acquisition company formed as a Cayman Islands exempted company, today announced the execution of a non-binding Letter of Intent (“LOI”) with a deep-tech advanced materials company producing synthetic graphene (the “Company”).  

The Company’s current shareholders are expected to roll 100% of their equity into the combined publicly listed entity. The transaction is also expected to include a PIPE of $30 million to support the execution of the Company’s growth strategy.

The Company is one of a handful of entities worldwide verified as a graphene producer by the Advanced Carbons Council, the pertinent international verification body, and it has also applied for EPA approval in the USA. The Company employs a proprietary production process, producing a high-purity graphene grade of 98.5% carbon with 1.5% oxygen, with no measurable impurities. The Company’s production line is modular, allowing rapid production growth.

Graphene is comprised of single carbon atom layer sheets of up to 10 layers thick, a highly sought after specialty material due to its characteristics of exceptional strength-to-weight ratio with a tensile strength over 100 times higher than structural steel.  Its thermal conductivity is one of the highest known at room temperature, while it’s electrical conductivity rivals that of copper. Due to these characteristics, graphene has applications across multiple industries such as defence, lubricants, cement/concrete, protective coatings, advanced composite materials such as carbon-fibber, thermoplastics, battery materials, and many more.

Non-Binding Letter of Intent

The LOI is non-binding and subject to the execution of definitive agreements, completion of due diligence, required approvals, and customary closing conditions. There can be no assurance that a transaction will be completed. 

About Stellar V Capital Corp.

Stellar V Capital Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Forward-Looking Statements
This press release contains forward-looking statements regarding the proposed Business combination, including expected structure, financing, timing and benefits. These statements involve risks and uncertainties that could cause actual results to differ materially including the ability to execute definitive agreements, obtain approvals, satisfy closing conditions and maintain listing status. This press release does not constitute an offer or solicitation of securities. In connection with the proposed transaction, SVCC intends to file a registration statement on Form F-4 with the SEC. Investors are urged to review these materials when available at www.sec.gov. No obligation is undertaken to update forward-looking statements except as required by law. 

Contacts:

Anastasios (Tassos) Chrysostomidis
Vice President of Business Development
Stellar V Capital Corp. www.stellaracquisition.com
Email: inquiries@stellaracquisition.com

Daniela Guerrero
Investor Relations/Media
Capital Link, Inc.
230 Park Avenue, Suite 1540 New York, N.Y. 10169
Tel.: (212) 661-7566
Email: stellaracquisition@capitallink.com

Company to Participate in 2026 AUSA Annual Meeting & Exposition in Washington, D.C., Bringing Together U.S. Army Leadership, Defense Industry Leaders and Emerging Technology Companies

FREEHOLD, N.J., Sept. 24, 2026 (GLOBE NEWSWIRE) — Change Agents Corporation (Nasdaq: CHGA) (“Change Agents” or the “Company”), a developer of agentic artificial intelligence (“AI”) software solutions advancing into AI-enabled autonomous air surveillance and air defense counter-unmanned aerial systems (“C-UAS”) technologies, today announced that it has joined the Association of the United States Army (“AUSA”) and plans to participate in the 2026 AUSA Annual Meeting & Exposition, being held October 12–14, 2026, at the Walter E. Washington Convention Center in Washington, D.C.

AUSA is a nonprofit educational organization supporting America’s Army, including Active, Guard and Reserve soldiers, Army civilians, retirees and families. Its Annual Meeting & Exposition is one of North America’s leading land-power and defense industry events, bringing together military leadership, policymakers, international delegations, defense contractors and technology companies from across the global defense ecosystem.

Change Agents’ membership and planned participation in the Annual Meeting are expected to provide additional opportunities for the Company to engage with military stakeholders and defense technology companies as it continues building its presence in the autonomous surveillance, air defense and C-UAS markets.

The 2026 AUSA Annual Meeting is expected to feature more than 750 exhibits and tens of thousands of attendees, providing a forum for engagement around emerging technologies, U.S. Army priorities and the evolving requirements of modern defense operations.

“We believe joining AUSA and participating in its Annual Meeting represent important steps in expanding Change Agents’ engagement with the U.S. defense community,” said Michael Mathews, Director of Change Agents Corp. “As we advance our strategy in AI-enabled autonomous surveillance, air defense and counter-UAS technologies, developing relationships across the military and defense technology ecosystem is an important component of our growth strategy. The AUSA Annual Meeting provides an opportunity to engage directly with Army leadership, defense industry participants and technology innovators as we evaluate potential partnerships, acquisitions and other opportunities that can accelerate our expansion in this market.”

Change Agents recently formed Autonomous Air Defense LLC, a wholly owned subsidiary established to pursue opportunities in AI-enabled autonomous drone surveillance and counter-UAS technologies. The Company is evaluating strategic acquisition and partnership opportunities as it seeks to build a broader platform serving the rapidly evolving autonomous surveillance and defense market.

Participation in AUSA complements Change Agents’ broader efforts to establish relationships across the defense and technology sectors and gain greater exposure to evolving military requirements, emerging autonomous technologies and potential strategic partners.

About Change Agents Corporation

Change Agents Corporation (Nasdaq: CHGA) is a developer of agentic artificial intelligence software solutions. The Company is expanding its strategy into AI-enabled autonomous air defense and counter-UAS technologies through its wholly owned subsidiary, Autonomous Air Defense LLC. Change Agents is evaluating technologies, strategic partnerships and acquisition opportunities intended to position the Company in markets where artificial intelligence, autonomous systems and advanced defense technologies converge. The Company’s current portfolio includes Beacon, an AI Search Optimization platform, and Catch-Up, an autonomous AI-powered content creation platform. Through its scalable Software-as-a-Service (SaaS) business model, Change Agents is focused on delivering innovative AI solutions that create measurable customer value while generating recurring subscription revenue and long-term shareholder returns. The Company is seeking to expand into various high growth sectors that are expected to benefit from artificial intelligence.

Change Agents is also distributing the KetoAir™ breathalyzer device, a non-invasive consumer breathalyzer that measures ketosis levels and is sold in North America, which is registered with the U.S. Food and Drug Administration as a Class I medical device.

For more information about Change Agents Corp, please visit www.changeagentscorp.com.

Forward-Looking Statements

Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as “will”, “anticipate”, “estimate”, “expect”, “should”, “may”, and other words and terms of similar meaning or use of future dates; however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. These statements include, but are not limited to, statements regarding the Company’s strategy, the formation and anticipated activities of Autonomous Air Defense LLC, the evaluation of potential acquisitions, strategic investments and partnerships, the size and growth of the counter-UAS market, and future business plans. Market data cited herein is derived from third-party sources that the Company believes to be reliable but has not independently verified. The Company has no operating history in the defense sector, and there can be no assurance that it will complete any transaction, develop or acquire any counter-UAS technology, or generate any revenue from this initiative. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the SEC, accessible through the SEC’s website (http://www.sec.gov), including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed or furnished with the SEC. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. The Company disclaims any obligation to update forward-looking statements. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. The contents of any website referenced in this press release are not incorporated by reference herein.

Contact Information:

Change Agents Corp.

ir@changeagentscorp.com

Investor Relations:

Crescendo Communications, LLC

Tel: (212) 671-1020 Ext. 304

CHGA@crescendo-ir.com