Tag: GlobeNewswire

New Models Secure Overseas Orders for 360 Units at the 140th Canton Fair

WUXI, China, Nov. 03, 2026 (GLOBE NEWSWIRE) — LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) (“LOBO” or the “Company”), an innovative manufacturer of electric mobility products and AI service provider, today announced strong market interest in its newly developed electric vehicle models at the 140th China Import and Export Fair (the “Canton Fair”), where the Company had secured new overseas orders and generated additional sales opportunities. These developments reflect the progress of the Company’s continued research and development (“R&D”) investment and growing international market acceptance of its evolving electric mobility product portfolio.

Since its public listing, LOBO has leveraged its access to the capital markets to increase investment in new product development, with its annual R&D investment averaging at least 10% of annual revenue. These sustained investments have enhanced the competitiveness and international market recognition of the Company’s electric mobility products both in quality and delivery. In particular, LOBO has made significant advancements in its compact four-wheeled vehicle chassis technology, particularly in suspension systems and steering control, contributing to substantial improvements in overall product quality and performance.

At the 140th Canton Fair, LOBO showcased its newly developed electric vehicle models, including the F3, N3 and J3 three-wheeled electric vehicle models, which attracted strong interest from international customers for its enhanced handling capabilities and modern design. The F3 model, also known as the SN9 model in certain markets, has secured orders for 360 vehicles at the Canton Fair, with additional orders currently under negotiation. Meanwhile, the Company’s E2 and H2 two-wheeled motorcycle models, developed specifically for the Latin American market, have gained strong market acceptance in Brazil, further strengthening LOBO’s presence in the region. The Company believes that these developments together will continue to reinforce its competitive position in the global electric mobility market.

Huajian Xu, Chief Executive Officer of LOBO, commented: “We remain committed to advancing technological innovation, product development, and expanding our international market presence. Looking ahead to 2027, we plan to further increase investment in new vehicle models, expand our portfolio of European Economic Community (EEC)-certified vehicle models, strengthen our presence in European markets, particularly Eastern Europe, and grow our sales footprint across Latin America. Our compact four-wheeled golf and sightseeing vehicles, developed specifically for the U.S. market, have completed design validation and are expected to enter production shortly. At the same time, we intend to accelerate the commercialization of our AI-powered senior care platform while continuing to explore strategic opportunities, including potential mergers and acquisitions, to diversify our revenue streams and enhance our long-term revenue growth and profitability. We believe these initiatives will support sustainable growth and create lasting value for our shareholders and the broader community.”

About LOBO TECHNOLOGIES LTD.

LOBO TECHNOLOGIES LTD. (NASDAQ: LOBO) is a manufacturer of electric mobility products and AI service provider. Its product portfolio includes electric bicycles, electric motorcycles, electric tricycles, electric four-wheeler carts, including golf carts and senior mobility vehicles, as well as AI-related products and services.

For more information about the Company, please visit: www.loboebike.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “seek,” “will,” and similar expressions. Any statements in this press release that are not statements of historical fact may be considered forward-looking statements.

Forward-looking statements include, but are not limited to, statements regarding the Company’s senior care strategy, the expected benefits of the exclusive strategic cooperation agreement, potential deployment of the SISaaS platform, community expansion, member development, hardware procurement, service revenue and future business performance. These statements are based on current expectations, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied.

Factors that may cause actual results to differ include, among others, the parties’ ability to enter into and perform project-level arrangements, market acceptance of the Company’s senior care solutions, availability and cost of hardware supply, regulatory approvals and compliance requirements, data privacy and cybersecurity obligations, financing conditions, execution risks, and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission.

Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove to be correct. Investors are cautioned that actual results may differ materially from anticipated results and are encouraged to review the risk factors that may affect the Company’s future results as set forth in the Company’s annual report on Form 20-F and in other filings with the U.S. Securities and Exchange Commission.

The Company undertakes no obligation to update any forward-looking statements except as required by law.

For more information, please contact:

LOBO TECHNOLOGIES LTD.
Zane Xu
Investor Relations Manager
Email: ir@loboai.com

Ascent Investor Relations LLC
Tina Xiao
Tel: +1-646-932-7242
Email: investors@ascent-ir.com

DUBLIN, Ohio, Nov. 03, 2026 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the pricing of a public offering of 4,375,000 shares of its common stock (or pre-funded warrants in lieu thereof) at a public offering price of $0.40 per share (the “Offering”). The closing of the Offering is expected to occur on or about November 4, 2026, subject to the satisfaction of customary closing conditions.

Maxim Group LLC is acting as the sole placement agent for the Offering.

The gross proceeds from the Offering, before deducting the placement agent’s fees and other offering expenses payable by the Company, are expected to be approximately $1.75 million. The Company intends to use the net proceeds from the Offering for working capital and for general corporate purposes, which could include funding operations, supporting growth initiatives, capital expenditures, potential acquisitions, investments in complementary businesses or technologies, or in connection with the settlement of the Company’s litigation or claims.

The securities described above are being offered pursuant to a registration statement on Form S-1 (File No. 333-299576) (the “Registration Statement”), which was declared effective by the Securities and Exchange Commission (the “SEC”) on November 3, 2026. The Offering is being made only by means of a prospectus which forms a part of the Registration Statement. A preliminary prospectus relating to the Offering has been filed with the SEC. Electronic copies of the final prospectus, when available, may be obtained on the SEC’s website at www.sec.gov and may also be obtained by contacting Maxim Group LLC at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Prospectus Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About reAlpha Tech Corp.

reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com.

Forward-Looking Statements

The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the completion of the Offering, the satisfaction of customary closing conditions related to the Offering and the intended use of net proceeds from the Offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. For such statements, reAlpha claims the protection of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those set forth in this press release due to the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the Offering, as well as risks and uncertainties inherent in reAlpha’s business described in its prior filings with the SEC, including, but not limited to, under the heading “Risk Factors” in the Registration Statement, reAlpha’s Annual Report on Form 10-K for the year ended December 31, 2025, and any of its subsequent filings with the SEC. These forward-looking statements represent reAlpha’s judgment as of the time of this press release. reAlpha disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and reAlpha undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof.

Media Contact:
Payton Cuddy, Senior Marketing Manager
media@realpha.com

Investor Relations Contact:
Adele Carey, VP of Investor Relations
investorrelations@realpha.com

NEW YORK, Nov. 03, 2026 (GLOBE NEWSWIRE) — Creatd, Inc. (OTCQB: CRTD) today announced that Claudia Albelais has been appointed Chief Financial Officer and that the Company’s Board of Directors has appointed Chelsea Pullano as an independent director.

Albelais joined Creatd as Controller earlier this year and has overseen the Company’s accounting, audit coordination and financial reporting. As Chief Financial Officer, she will oversee Creatd’s finance and reporting functions, including accounting, audit coordination, financial reporting and capital-structure work.

Pullano will serve as the Board’s fifth member and lead the Governance Committee. She previously served as Chief Financial Officer of Creatd during an earlier stage of the Company’s development. She brings experience in public-company finance, SEC reporting and financial operations, as well as familiarity with Creatd’s business and reporting history.

Together, the appointments strengthen Creatd’s finance, reporting and governance structure as the Company continues to work toward a national exchange listing.

About Creatd, Inc.
Creatd, Inc. (OTCQB: CRTD) is a company focused on technology-enabled businesses, digital media properties, and intellectual property assets. Through its operating subsidiaries and strategic investments, the Company develops and supports opportunities for creators, entrepreneurs, and emerging growth initiatives.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. Creatd undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.

Contact:
ir@creatd.com

Company approaches a pivotal stage as years of technology development, strategic acquisitions and international relationships converge into a unified growth strategy

Proposed Empulser acquisition brings international investor Patrick Tsang and opportunities in defense technology, autonomous systems and wireless power

Management demonstrates confidence in AIBotics’ future through insider debt-to-equity conversions

MIAMI, Nov. 03, 2026 (GLOBE NEWSWIRE) — AIBotics, Inc. (OTCID: AIBT) (“AIBotics” or the “Company”) today issued the following letter to shareholders from Chairman and Chief Executive Officer Ben Kaplan, highlighting the Company’s recent accomplishments, expanding opportunities in artificial intelligence, robotics and unmanned technologies, and management’s belief that AIBotics is approaching a pivotal stage in executing its long-term business plan.

Dear Fellow Shareholders,

I believe AIBotics is entering one of the most exciting and consequential periods in its development.

For years, we have worked to build a technology company focused on artificial intelligence, robotics, unmanned systems and intelligent automation. We have invested considerable time and resources in developing technologies, identifying acquisitions, establishing international relationships and assembling the capabilities needed to compete in rapidly growing markets.

Today, those efforts are beginning to come together.

We believe AIBotics is approaching an important inflection point — transitioning from developing our business strategy and assembling the pieces to putting those capabilities to work in commercial markets.

Over the past several months, we completed the acquisition of NovaCore Labs’ operating assets in Jamaica, entered into a definitive agreement to acquire Empulser Enterprises LLC, expanded our relationship with Ultrobotix in Israel and advanced our PHILL ROBOT manufacturing program.

We have also attracted Patrick Tsang, an international investor and entrepreneur with more than two decades of experience in capital markets, mergers and acquisitions, corporate development and emerging technologies.

These developments are part of a unified strategy to bring together technologies, intellectual property, operating capabilities, experienced leadership and access to capital under one corporate structure.

Our objective is to build a diversified technology company positioned to participate in the expanding markets for robotics, drones, intelligent automation and autonomous systems.

Building a Technology Company for the Next Generation of Automation

Artificial intelligence is transforming how businesses operate. We believe the next major opportunity lies in bringing that intelligence into the physical world through robotics, drones and autonomous machines.

Commercial drones are being deployed for infrastructure inspection, mapping, surveying, agriculture and specialized services. Robotics is expanding into food production, logistics, hospitality, wellness and other industries. Defense organizations are also increasing their emphasis on unmanned platforms and autonomous technologies.

These developments create opportunities for companies capable of combining artificial intelligence with practical technologies that solve real-world problems.

Our strategy is not dependent on a single product. We are building a portfolio of complementary technologies and business opportunities across commercial robotics, drone services, intelligent automation, wireless power and autonomous systems.

We believe the combination of these capabilities could become increasingly valuable as businesses and governments accelerate their adoption of intelligent automation.

NovaCore Labs: Establishing an Operating Foundation in the Caribbean

Our acquisition of NovaCore Labs’ operating assets in Jamaica represents an important step toward establishing commercial operations.

The acquired assets include 10 service robots, six commercial drones, three field generators, Google Street View mapping equipment and a dedicated mapping vehicle, along with software, intellectual property, operating methodologies, customer information and related business assets.

These capabilities provide a foundation for pursuing opportunities in commercial drone services, geospatial mapping, robotics and intelligent automation.

We believe Jamaica offers attractive opportunities in tourism, infrastructure, commercial development and government services. Our objective is to establish NovaCore as a commercial technology-services business, develop paying customers and expand into other Caribbean Community (CARICOM) markets.

As we build customer relationships and a record of commercial performance, we believe these services could be replicated across additional Caribbean markets, creating opportunities for regional growth.

The acquisition has already received regional attention, including coverage in The Jamaica Gleaner.

We view NovaCore as more than an acquisition of technology and equipment. It provides a foundation for developing an operating business with revenue potential and opportunities for geographic expansion.

Empulser and Patrick Tsang: A Potentially Transformative Opportunity

Our definitive agreement to acquire Empulser Enterprises LLC represents another important development in AIBotics’ evolution.

Founded by Patrick Tsang, Empulser is developing technologies for defense and dual-use applications, including wireless power, autonomous systems, unmanned platforms and technologies intended to extend the operational capabilities of intelligent machines.

We believe the future of autonomous systems will increasingly depend on three critical capabilities: Power. Persistence. Autonomy.

Artificial intelligence can make a drone or robotic platform more capable, but those capabilities have limited value if the system cannot remain operational long enough to complete its mission.

Empulser’s technology strategy addresses challenges involving power delivery, operational endurance and autonomous operation — areas we believe represent substantial opportunities in defense, critical infrastructure and commercial markets.

Equally important is the involvement of Patrick Tsang.

Patrick is chairman of Tsang Group, a fourth-generation single-family office with interests in technology, real estate, natural resources and other investments. His career spans more than two decades of international investing, capital formation, mergers and acquisitions, and corporate development.

He has established extensive business and investment relationships across Asia, Europe, the Middle East and North America.

His background includes an early-stage investment in Pulse Evolution in 2018, where he also served as a strategic adviser. Pulse subsequently became part of FaceBank Group, which completed its merger with fuboTV in 2020, resulting in a company traded on the New York Stock Exchange.

Patrick is also a qualified solicitor in England and Wales and Hong Kong, attended Harvard Business School’s Owner/President Management program and is the author of The Global Citizen.

We believe his experience, international relationships and understanding of capital markets could be invaluable as AIBotics pursues financing, strategic partnerships and additional growth opportunities.

Patrick has joined AIBotics as a strategic adviser. Subject to completion of the Empulser acquisition, applicable approvals and other conditions, he is expected to assume the roles of chief executive officer and director.

I am enthusiastic about the potential for Patrick to help lead AIBotics through its next stage of development. His combination of financial experience, international relationships and entrepreneurial expertise aligns with our objective of building a technology company capable of operating across multiple markets.

The proposed acquisition also incorporates a performance-based structure. Under the agreement, AIBotics would issue Series C preferred stock with an aggregate stated value of up to $22 million, with 90% of the maximum consideration tied to 10 specified milestones over 36 months.

These milestones include intellectual-property development, technology demonstrations, flight testing, participation in testing or pilot programs and specified revenue objectives.

The transaction remains subject to closing conditions, and Empulser’s technologies will require additional development, testing, financing and commercialization.

We believe the combination of Empulser’s technology strategy and Patrick’s international business experience could become an important catalyst for AIBotics’ future growth.

PHILL ROBOT: Moving Toward Commercialization

We remain committed to advancing PHILL ROBOT, our AI-enabled massage and wellness robotic platform.

Although PHILL has experienced development delays and several false starts, the additional work has allowed us to refine the product, evaluate manufacturing alternatives and strengthen its foundation for commercialization.

Through our relationship with 3DX Industries, we are advancing an initial five-unit pilot program intended to establish manufacturing procedures, component production, assembly methods, system integration and quality standards.

This represents an important step toward the manufacturing validation necessary for repeatable production.

We have also continued protecting the PHILL ROBOT trademark and related intellectual property, which we believe represent valuable long-term corporate assets.

Our objective is to complete the remaining development and validation work and position PHILL for commercial introduction when it is ready.

We continue to believe the expanding market for intelligent personal-service and wellness robotics presents a meaningful opportunity for AIBotics.

Ultrobotix: Expanding International Robotics Opportunities

Our relationship with Ultrobotix Ltd. in Israel provides additional opportunities in commercial and industrial automation.

Ultrobotix has begun working with an Israeli food manufacturer to evaluate robotic solutions for selected production-line activities. AIBotics expects to assist in identifying and evaluating robotic technologies and suppliers that could address these needs.

Food manufacturing represents a promising area for automation because of repetitive tasks, labor requirements and the importance of consistency and efficiency.

Although these activities remain exploratory, they demonstrate how our international relationships may create opportunities to participate in the commercial deployment of advanced robotics.

We intend to continue identifying technologies, manufacturers and partners capable of helping us expand into practical applications for intelligent automation.

Strengthening Our Financial Position and Investing in Growth

We have also taken steps to strengthen our financial position and demonstrate management’s confidence in AIBotics’ future.

As recently announced, independent director Mark Croskery and I converted debt owed to us by AIBotics into shares of the Company’s common stock.

We chose to accept equity rather than repayment because we believe in AIBotics’ long-term prospects. These transactions eliminated corresponding liabilities, preserved cash and further aligned our interests with those of our shareholders.

Looking ahead, we intend to raise additional capital to execute our business plan, advance our technologies and expand commercial operations.

Capital investment has been fundamental to the development of leading technology companies such as Apple, Alphabet, Tesla and SpaceX. These companies have used capital to develop technologies, build infrastructure and expand their businesses.

While AIBotics operates on a substantially different scale, the underlying principle is the same: Capital, when deployed effectively, can transform promising technologies into operating businesses and create long-term enterprise value.

We intend to pursue financing that supports our strategic initiatives, advances commercialization and strengthens our operating capabilities.

We recognize that raising capital involves costs, risks and potentially additional share issuances. Our responsibility is to allocate capital carefully toward opportunities we believe can increase AIBotics’ revenue potential and long-term value.

Approaching the Next Stage of Our Business Plan

When I look at AIBotics today, I see a company that has made considerable progress toward assembling the elements of a much broader enterprise.

We have acquired drone, robotics and mapping assets that can support commercial operations in the Caribbean.

We have entered into a definitive agreement that could expand our capabilities into defense and dual-use technologies.

We have attracted Patrick Tsang, whose experience and international relationships could become important resources for future growth.

We are advancing PHILL ROBOT toward manufacturing validation and potential commercialization.

We have established international relationships that could create additional opportunities in commercial and industrial robotics.

And we have strengthened our balance sheet while preparing to pursue the capital necessary to advance our plans.

These are the pieces we have spent years working to put in place. We believe we are approaching the stage when they can begin coming together into operating businesses, commercial relationships and revenue-generating opportunities.

Our immediate priorities are to expand NovaCore’s commercial activities, complete the proposed Empulser acquisition, advance technology-development milestones, move PHILL toward commercialization and secure financing to support these objectives.

We expect the next phase of AIBotics’ development to place increasing emphasis on measurable results.

Our success will be determined by our ability to attract customers, generate revenue, commercialize technologies and improve financial performance.

There is still considerable work ahead, and executing our strategy will require additional capital, disciplined management and continued technological development.

Nevertheless, I believe the opportunity before us is substantially greater than when we began assembling this business.

The technologies are advancing. The markets are expanding. Our relationships are growing. And the elements of our business plan are increasingly coming together.

Our Commitment to Shareholders

I want to close by expressing my confidence in AIBotics’ direction and my appreciation to the shareholders who have supported us.

Mark Croskery and I have demonstrated our commitment by accepting equity in place of amounts owed to us. Patrick Tsang’s involvement represents another significant step toward attracting the experience and relationships we believe can accelerate our development.

Our ambitions are supported by tangible assets, technology-development programs, strategic agreements and business opportunities that we are working to bring to fruition.

I believe AIBotics is closer than ever to realizing the business we set out to build.

Our vision is to create a technology company with meaningful participation in the rapidly evolving markets for artificial intelligence, robotics, drones, autonomous systems and intelligent automation.

We believe the foundation is taking shape and the next phase of development offers the potential to translate years of preparation into meaningful commercial progress.

We have spent years preparing for this opportunity.

Now our focus is on execution — turning the technologies, assets and relationships we have assembled into operating businesses and long-term shareholder value.

On behalf of our board of directors and management team, thank you for your continued interest, confidence and support.

Ben Kaplan
Chairman and Chief Executive Officer
AIBotics, Inc. (OTCID: AIBT)

About AIBotics

AIBotics, Inc. is a global technology company building a platform around AI-enabled robotics, autonomous systems and intelligent automation. The Company focuses on applying advanced technologies to real-world environments through strategic partnerships, technology development and international market relationships. AIBotics seeks to identify, develop, implement, and scale solutions that improve how machines operate, automate business processes, and extend the practical application of artificial intelligence into the physical world. Through a scalable, partnership-driven model, AIBotics is building a diversified robotics and autonomous-systems platform designed to support commercial, industrial and other mission-driven applications across global markets. For more information on AIBotics, visit www.aibotics.ai

Forward-Looking Statements

This release contains forward-looking statements regarding Ultrobotix’s preliminary manufacturing robotics evaluation, potential pilots or deployment, its separate AI Food Technologist proof of concept, PHILL development, trademark protection, manufacturing and commercialization, NovaCore operations, the proposed Empulser acquisition and business expansion. Ultrobotix’s manufacturer relationship is exploratory and non-binding; AIBotics is not a party. Ultrobotix’s AI technology remains early-stage and is separate from AIBotics’ robotics evaluation role. No pilot, equipment purchase, deployment, PHILL launch or revenue is assured. Results may differ materially due to technical, regulatory, financial, intellectual-property, operational and customer-adoption risks. Forward-looking statements speak only as of their date and are subject to the Company’s SEC disclosures.

Media and Investor Relations

David L. Kugelman
Atlanta Capital Partners, LLC
(404) 856-9157 Office
dk@atlcp.com

Two new products extend T3 Defense subsidiary Tiltan’s physics-based simulation portfolio; debut set for the world’s largest modeling, simulation and training event, in Orlando, Florida, November 30 – December 3, 2026

NEW YORK and NETANYA, Israel, Nov. 03, 2026 (GLOBE NEWSWIRE) — T3 Defense Inc. (Nasdaq: DFNS) (“T3 Defense” or the “Company”), a defense technology holding company, today announced that its subsidiary, Tiltan Software Engineering Ltd. (“Tiltan”), will launch two new simulation products, TOPS-NX Studio and SILOS, at the I/ITSEC 2026, the Interservice/Industry Training and Simulation Conference, taking place November 30 – December 3, 2026 at the Orange County Convention Center in Orlando, Florida. The products extend Tiltan’s physics-based simulation portfolio and strengthen its position in the training, simulation, and sensor-development market.

I/ITSEC, organized by the National Training and Simulation Association (NTSA), an affiliate of the National Defense Industrial Association (NDIA), is the world’s largest event dedicated to modeling, simulation and training (MS&T). It brings together the U.S. Department of Defense, the U.S. armed services, allied militaries, defense prime contractors and training commands.

Two New Products Launching at I/ITSEC 2026

Together, TOPS-NX Studio and SILOS are designed to connect scenario creation with simulation deployment: TOPS-NX Studio enables users to build and configure synthetic environments, while SILOS enables those environments to run across multiple simulation instances.

TOPS-NX Studio – Your One-Stop Shop for Physics-Based Simulation and Synthetic Data
TOPS-NX Studio is a physics-based simulation platform for sensor engineering, AI training and validation, and synthetic data generation across space, air, land and maritime domains. Its no-code environment enables teams to build geo-located scenarios, accurately model sensors across visible, thermal infrared, SAR and LiDAR spectrums, and simulate infrared using a validated library of more than 250 materials. Optional plug-ins support batch simulations across varying conditions, managed recordings and automatically annotated datasets, reducing the time and cost of real-world data collection.

SILOS – The System-in-the-Loop Battle Lab
SILOS integrates real and simulated sensors, platforms, AI and autonomy into a single battle lab to evaluate performance against repeatable, physics-based mission scenarios. Live simulations are scored against ground truth, providing insight into overall system performance. Defense teams can compare sensors, tactics and operating conditions before costly field trials, enabling more informed decisions and better field readiness.

“Tiltan is executing the playbook we apply across T3 Defense: take capabilities already validated by demanding customers and develop new products that expand the applications and customers those capabilities can serve,” said Menny Shalom, Chairman and Chief Executive Officer of T3 Defense. “TOPS-NX Studio and SILOS are designed to give existing customers additional capabilities while creating new entry points with U.S. and allied defense organizations and their integration partners. This launch supports our strategy to broaden the geographic reach and customer base of our portfolio companies.”

Expanding Toward the U.S. and Allied Training Market

Tiltan’s participation at I/ITSEC is part of a deliberate effort to broaden its commercial footprint from an Israel-centered customer base toward U.S. and allied defense simulation & training markets. The United States is the world’s largest buyer of military simulation and training systems, and I/ITSEC concentrates the requirement owners, prime contractors and integrators that serve that demand in a single venue.

T3 Defense believes the same simulation, synthetic data and geospatial capabilities Tiltan has delivered to the Israeli defense establishment and Tier-1 defense contractors, including for unmanned aerial systems (UAS) training and next-generation electro-optical/infrared (EO/IR) sensor development, are directly transferable to U.S. and allied programs.

“I/ITSEC is where the training and simulation community sets its direction for the coming year, and it is the right place to introduce TOPS-NX Studio and SILOS,” said Ehud Shafir, Chief Executive Officer of Tiltan. “Our customers have told us they want to build and scale their own synthetic environments on our engine. TOPS-NX Studio puts that capability in their hands, and SILOS lets them run it at the scale of a real exercise. Together they turn a validated engine into a platform our customers can grow with.”

Meeting Requests

Defense organizations, integrators and partners interested in meeting Tiltan at I/ITSEC 2026 may contact info@tiltan-se.com or the T3 Defense investor relations contacts listed below.

About Tiltan Software Engineering Ltd.

Tiltan Software Engineering Ltd., a wholly owned subsidiary of T3 Defense, is a leading solution provider specializing in Simulation, 3D Engines, Generative AI Training, Geo-Systems, 3D Content, and Operations Center Systems and Tools. With over 30 years of experience, Tiltan’s simulation products provide a comprehensive one-stop solution for training, development, and hardware-in-the-loop systems, powered by a proprietary 3D engine and Generative AI. Tiltan’s geo-system products support space, aerial, manned, and unmanned vehicles, addressing registration, localization, and navigation challenges, as well as geo-mapping systems. Its in-house content production delivers high-fidelity, geo-specific visual databases, 3D models, and mapping data for VIS, IR, LiDAR, and SAR applications. For more information, visit www.tiltan-se.com.

About T3 Defense Inc.

T3 Defense Inc. (Nasdaq: DFNS) is a defense company that acquires and operates mission-critical defense businesses involved in national security programs. It focuses on manufacturers with strong customer relationships and solid order backlogs, often capacity- and resource-constrained, in specialized areas such as drones and autonomous vehicles, counter-drone systems, advanced manufacturing, tactical robotics, and AI software and system integration. Through disciplined acquisitions, centralized capital and strategy, and decentralized day-to-day operations, T3 Defense aims to strengthen essential defense capabilities and build long-term value. For more information, visit www.t3dfns.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. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding Tiltan’s participation in I/ITSEC 2026; the planned launch, anticipated capabilities, features, availability and commercial release timing of TOPS-NX Studio and SILOS; the anticipated benefits of that participation and those launches; Tiltan’s expansion into the United States and allied defense training and simulation markets; the transferability of Tiltan’s capabilities to those markets; expected demand for simulation, synthetic data and geospatial software; the potential for orders, qualification, partnerships, licensing or recurring revenue; and the Company’s growth strategy. These statements are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including risks related to the absence of any orders, contracts or partnership agreements arising from the conference or the product launches; the risk that new products are delayed, modified or do not achieve market acceptance; the length and uncertainty of United States and international defense qualification, evaluation and procurement cycles; export control and licensing requirements applicable to Israeli defense technology, including under U.S. and Israeli regulations; competition from established U.S. and allied simulation and training providers; the Company’s ability to convert pipeline and proposals into binding orders or revenue; customer concentration; defense program funding, procurement cycles and timing; the Company’s liquidity and capital resources; the Company’s ability to maintain compliance with Nasdaq listing requirements; integration of acquired businesses; competitive and geopolitical conditions, including conditions in Israel; and other risks described in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update or revise them, except as required by law.

Contact Us:

T3 Defense Inc. | 575 5th Avenue, New York, NY 10017 | contact@t3dfns.com | www.t3dfns.com

Tiltan Software Engineering Ltd. | Ehud Shafir, Chief Executive Officer | www.tiltan-se.com

Media Contact: Liat Heiblum | liat@hypetech-marketing.com | +972-50-6333446

Investor Relations: The Equity Group Inc.
Lena Cati | lena.cati@theequitygroup.com | +1 212 836-9611
Val Ferraro | val.ferraro@theequitygroup.com | +1 212 836-9633

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a159d418-22d8-41cf-97b5-fe12a1a1b0c9

Conversion of $7 Million in Debt and Accrued Obligations into Preferred Equity Supports Nasdaq Stockholders’ Equity Compliance Efforts

MIAMI, FL, Nov. 03, 2026 (GLOBE NEWSWIRE) — NextNRG, Inc. (NASDAQ: NXXT) (“NextNRG” or the “Company”), a pioneer in AI-driven energy innovation transforming how energy is produced, managed and delivered, today announced that it has entered into a debt exchange agreement with Michael D. Farkas, the Company’s Chief Executive Officer, under which $7,000,000 in outstanding notes, accrued interest and personal guarantee fees owed to Mr. Farkas will be exchanged for 7,000 shares of newly designated Series D Convertible Voting Preferred Stock with an initial stated value of $1,000 per share.

The exchanged obligations consist of $3,629,924 in outstanding principal, $2,749,169 in accrued interest and $620,907 in accrued personal guarantee fees. Upon closing and issuance of the Series D Preferred shares, these obligations will be satisfied and cancelled in full.

Nasdaq requires listed companies to maintain a minimum of $2.5 million in stockholders’ equity. The debt exchange is expected to eliminate $7,000,000 of indebtedness and strengthen stockholders’ equity. While the exchange alone does not satisfy the requirement, it represents a meaningful step toward it and is one component of the Company’s plan of compliance.

As a related-party transaction, the debt exchange was reviewed and approved by the Audit Committee of the Company’s Board of Directors, composed solely of independent and disinterested directors. The Board also approved the transaction, with Mr. Farkas abstaining from the Board’s vote. Additional terms of the Series D Convertible Voting Preferred Stock are described in the Company’s Current Report on Form 8-K to be filed with the Securities and Exchange Commission.

Separately, the Company’s previously announced 1-for-10 reverse stock split became effective on Friday, October 30, 2026. The Company’s common stock began trading on a split-adjusted basis on October 30 under the existing ticker symbol “NXXT.” The reverse split was intended to increase the per-share trading price of the Company’s common stock in an effort to satisfy Nasdaq’s $1.00 minimum bid price requirement.

The Company continues to work toward regaining compliance with Nasdaq’s continued listing requirements and awaits the decision of the Nasdaq Hearings Panel. There can be no assurance that these actions will result in the Company regaining or maintaining compliance.

About NextNRG, Inc.

NextNRG, Inc. (NextNRG) is Powering What’s Next by deploying its AI-driven Smart Controller, a proprietary AI technology that continuously optimizes how energy is generated, stored, and consumed. The Company deploys the controller within microgrids at commercial, healthcare, municipal, industrial and federal sites, and at a utility scale through the Next Utility Operating System®.

NextNRG also sells EV chargers, is advancing wireless in-motion charging, and operates one of the nation’s largest on-demand mobile fueling fleets through EzFill.

To learn more, visit www.nextnrg.com.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time.

NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by NextNRG. Although NextNRG’s forward-looking statements reflect the good faith judgment of NextNRG, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update these forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact
NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com

8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Rathbones Group Plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):  The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:  Use a separate form for each offeror/offeree	Gresham House Energy Storage
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:  For an opening position disclosure, state the latest practicable date prior to the disclosure	02/11/2026
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?  If it is a cash offer or possible cash offer, state “N/A”	No

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p Ordinary Shares
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	12,136,529	2.1327%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	12,136,529	2.1327%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
1p Ordinary Shares	Sale	3,500	95.0901p

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
1p Ordinary Shares

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

No

Date of disclosure:	03/11/2026
Contact name:	Lydia Cotterill – Compliance Department
Telephone number:	0151 237 1176

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at.

– Completes planned leadership transition as Prenetics revenue is almost entirely IM8

– Prenetics’ finance leadership function now based in the United States

– The Company will report third quarter 2026 results on November 18, 2026, and host a live-streamed earnings event on Stocktwits the same day at 8:30 a.m. Eastern Time, during which management will discuss the results and hold a Q&A session.

– The live-stream will be accessible at https://stocktwits.com/symbol/PRE. Investors who wish to submit questions may do so by emailing investors@prenetics.com.

NEW YORK, Nov. 03, 2026 (GLOBE NEWSWIRE) — Prenetics Global Limited (Nasdaq: PRE) (“Prenetics” or the “Company”), the parent company of IM8, the premium health and longevity brand co-founded with David Beckham, today announced that Brian J. Rosin will succeed Stephen Lo as Chief Financial Officer of Prenetics, effective December 31, 2026. The Company’s Board of Directors is expected to formalize the appointment at its meeting on November 12, 2026. Mr. Rosin, who joined as Chief Financial Officer of IM8 in May 2026, will serve as Chief Financial Officer-designate of Prenetics through year-end, continuing as Chief Financial Officer of IM8 and working alongside Mr. Lo, and will then lead the Company’s global finance organization and continue to report to Chief Executive Officer Danny Yeung.

The appointment will complete a transition the Company planned when Mr. Rosin joined: that he would first build a deep understanding of the business before assuming the group CFO role. With IM8 now representing substantially all of Prenetics’ revenue, the Company will operate with a single Chief Financial Officer, and no separate IM8 CFO role will be filled.

Since joining, Mr. Rosin has co-led the Company’s quarterly earnings presentations, helped secure the $1 billion growth commitment financing from General Catalyst’s Customer Value Fund, and played a central role in broadening the Company’s engagement with U.S. investors and sell-side research analysts. Based in the United States, he will strengthen the Company’s presence in its largest market and its primary capital market.

Mr. Rosin’s appointment caps a deliberate build-out of the Company’s finance leadership in the United States. As part of that build-out, Cindy Tat joined the Company in August, 2026 as Vice President, Financial Controller. Ms. Tat, a U.S.-based certified public accountant, brings more than 16 years of SEC reporting and SOX compliance experience, having previously served as Vice President, Controller of Nasdaq-listed WM Technology and of Iteris. With its finance leadership function now based in the United States, the Company is aligning its finance and reporting infrastructure with its U.S. operations.

As previously announced, Stephen Lo will continue to serve as Chief Financial Officer through December 30, 2026, working closely with Mr. Rosin to ensure an orderly transition. Following the transition, Mr. Lo will remain with the Company as a Senior Advisor.

Danny Yeung, Co-Founder and Chief Executive Officer of Prenetics, commented: “When Brian joined us in May, the plan was for him to learn IM8 from the inside and then lead finance for the whole company. He has done exactly that. Prenetics today is IM8, and one CFO with Brian’s background in high-growth consumer health is the right structure for where we are going. The United States is IM8’s largest market and our primary capital market, so that is where our finance leadership needs to sit: close to our customers, our investors and the analysts who cover us. With Brian and Cindy leading a U.S.-based finance team, we are building the reporting and controls infrastructure to match the scale we are growing into. I also want to thank Stephen for eight years of dedication and for his partnership through our transformation.”

Stephen Lo, Chief Financial Officer of Prenetics, commented: “Being part of Prenetics’ journey over the past eight years, from our early days to the transformation into IM8, has been a privilege. I’m leaving at a time when the business has never had more momentum, and I’m certain that under Danny’s leadership IM8 will keep reaching new heights and bringing new innovations to customers around the world. I’ve worked closely with Brian since he joined, and I have full confidence in him to lead finance for the Company. I look forward to supporting a seamless transition through year-end, and to continuing to support the team as a Senior Advisor.”

Brian J. Rosin, Chief Financial Officer-designate of Prenetics, commented: “Over the past six months I’ve had the chance to work inside IM8 every day, from our customer economics to the financing that funds our growth — and what we’re building is rare: a global brand compounding at this pace, this early in its life. Prenetics today is IM8. With Cindy and our finance leadership team now based in the United States, our largest market, my focus as CFO will be simple: disciplined capital allocation, a clear path to sustained profitability, and consistent, transparent communication with our shareholders. I’m grateful to Danny and the Board for their confidence, and to Stephen for his partnership through this transition.”

Mr. Rosin brings nearly two decades of finance leadership in premium consumer health and e-Commerce. He previously served as Chief Financial Officer and Senior Vice President, e-Commerce Operations, of Wellbeam Consumer Health, and earlier held CFO roles at TruSkin, NATURELO Premium Supplements and Rant, Inc.

Third Quarter 2026 Results and Live-Stream Event
Prenetics will report its third quarter 2026 financial results on Wednesday, November 18, 2026, and will host a live-stream earnings event on Stocktwits at 8:30 a.m. Eastern Time, in the same format as its second quarter event. Mr. Yeung and Mr. Rosin, will review the results and take questions. The live-stream will be accessible at https://stocktwits.com/symbol/PRE. Investors who wish to submit questions may do so by emailing investors@prenetics.com.

About Prenetics
Prenetics Global Limited (Nasdaq: PRE) is a leading consumer health company on a mission to advance human health and longevity. Its flagship brand, IM8, co-founded with David Beckham, is redefining premium daily nutrition through science-backed formulations — anchored by Daily Ultimate Essentials, a 90-ingredient daily nutrition system that is NSF Certified for Sport and clinically studied. IM8 is the fastest-growing premium supplement brand ever recorded, reaching approximately $251 million in annualized run-rate revenue within 20 months of launch, shipping to 46 countries, and delivering well over 200,000 servings daily. IM8’s ambassador and equity-partner roster includes David Beckham, Giannis Antetokounmpo, Aryna Sabalenka, Ollie Bearman, Jay Shetty, Inter Miami CF and the NBA. Learn more at prenetics.com and im8health.com.

About IM8
IM8 is a premium health and longevity brand co-founded by David Beckham and built with an elite team of scientists spanning medicine, academia and space science. Its flagship product, Daily Ultimate Essentials, delivers 90 ingredients in a single daily sachet – engineered to replace 16 different supplements in one drink – and is NSF Certified for Sport, non-GMO, vegan, free from common allergens and contains no artificial flavors, colors or sweeteners. Launched in December 2024, IM8 ships to 46 countries and has delivered more than 70 million servings. The brand is backed by a roster of global partners and ambassadors including Giannis Antetokounmpo, Aryna Sabalenka, Lily Collins, Jay Shetty, Ollie Bearman, Inter Miami CF and the NBA. IM8 is a wholly owned subsidiary of Prenetics Global Limited (Nasdaq: PRE), a leading global health sciences company dedicated to advancing consumer health. To learn more, visit www.IM8health.com.

Investor Relations Contact
investors@prenetics.com
PRE@mzgroup.us

Angela Cheung
Investor Relations / Corporate Finance
angela.hm.cheung@prenetics.com

Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Prenetics Global Limited’s (the “Company”) goals, targets, projections, outlooks, beliefs, expectations, strategy, plans, objectives of management for future operations of the Company, and growth opportunities are forward-looking statements. Our guidance reflects management’s current estimates and assumptions as of the date of this press release, is subject to significant risks and uncertainties, and is not a guarantee of future performance. Actual results may differ materially. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” “guidance,” “outlook,” “forecast,” or other similar expressions. Forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which involve inherent risks and uncertainties, and therefore they should not be relied upon as being necessarily indicative of future results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to: the Company may not be able to maintain and enhance its IM8 business and brand if it suffers negative publicity or fails to maintain a strong base of engaged customers and content creators, or otherwise fails to meet customers’ expectations; the Company’s ability to further develop and grow its business, including new products and services; and the Company’s ability to efficiently and effectively deploy financial and management resources towards maintaining and growing the business. In addition to the foregoing factors, you should also carefully consider the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent registration statement and the prospectus therein, and the other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission. Unless otherwise specified, all information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. Nothing in this press release constitutes an offer to sell, or the solicitation of an offer to buy, any securities of the Company.

Etime system commits to at least $4 million a month in prepaid wireless purchase volume, with the initial rollout currently underway

BARTLETT, Tenn., Nov. 03, 2026 (GLOBE NEWSWIRE) — SurgePays, Inc. (NASDAQ: SURG) (“SurgePays” or the “Company”), a fintech company that launches and runs wireless brands, today announced a prepaid wireless agreement (the “Agreement”) with Zulie Venture Inc. dba Etime system (“Etime system”), a payments network serving more than 1,000 retail locations nationwide. Etime system has committed to buy at least $48 million in prepaid wireless airtime, top-up and refill transactions from SurgePays over the initial term of the Agreement from October 1, 2026 through September 30, 2027, with a minimum of $4 million a month. These amounts represent prepaid wireless purchase volume. The Agreement renews automatically each year at the same minimum commitment.

This Agreement generates new volume for SurgePays POS and began operating in early October.

“Retail payment networks run on reliability, and Etime system put a $4 million monthly minimum in writing because our platform delivers it,” said Brian Cox, Chief Executive Officer of SurgePays. “The new volume from this agreement is already running, and every month adds transactions to infrastructure we have already built. That is exactly how we intend to grow value for SurgePays.”

“Our merchants need reliable access to prepaid wireless products and fast transaction processing,” said Parvez Jasani, Founder and CEO of Zulie Venture Inc. “We are pleased to partner with SurgePays to support our merchants and their customers.   This agreement reflects our confidence in the partnership and our commitment to growing our prepaid wireless business.”

The agreement strengthens SurgePays POS, the Company’s retail sales and payments business at neighborhood stores.

About SurgePays, Inc.

SurgePays, Inc. (NASDAQ: SURG) is a fintech company that launches and runs wireless brands. Through its GrowthLine platform, SurgePays provides partners with carrier access, technology, payments, customer care, compliance and daily operations from platforms it developed and an operations center and NOC it runs. The Company also owns LinkUp Mobile, its own prepaid wireless brand, and operates SurgePays POS, which handles retail sales and payments for wireless companies at neighborhood stores. SurgePays brings affordable wireless service and prepaid financial products to consumers through partners and neighborhood stores. For more information, please visit www.surgepays.com.

About Zulie Venture Inc. dba Etime system

Zulie Venture Inc., doing business as Etime system and also operating the CellPay brand, is a Stafford, Texas-based payments platform founded in 2016, serving more than 1,000 retail merchant locations nationwide with prepaid wireless, bill payment, gift card and prepaid card products. CellPay ranked No. 5 overall on the 2020 Inc. 5000 with 25,358% three-year revenue growth and has processed more than $1 billion in lifetime transaction volume for nearly six million consumers. Learn more at cellpay.net.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the agreement between SurgePays and Etime system, the amount and timing of prepaid wireless transactions expected under the agreement, its renewal and the future performance of the Company. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, and actual results could differ materially from those expressed or implied. There can be no assurance that Etime system will meet its committed monthly or annual volume, result in recurring volume, or that the agreement will renew. Prepaid wireless top-up volume represents the total value of transactions processed, and the net revenue and gross profit the Company recognizes from that volume may be significantly lower than the volume amounts described in this release. Factors that could cause actual results to differ materially include, among others, the Company’s dependence on carrier and payment relationships, partner performance, regulatory developments affecting wireless and payment services, competition, and the risks and uncertainties described in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. SurgePays undertakes no obligation to update or revise any forward-looking statements, except as required by law.

Investor Relations Contact

SurgePays, Inc.

ir@surgepays.com

Partnership opens a new commerce channel, starting with approximately 20 million LG Smart TVs in the U.S.; restaurants to be the first category of focus

SANTA CLARA, Calif., Nov. 03, 2026 (GLOBE NEWSWIRE) — SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today announced a strategic partnership with LG Electronics to expand restaurant and merchant participation on LG Smart TVs in the United States. The collaboration lays the groundwork for a new commerce channel in the living room.

The partnership gives participating businesses a new way to reach customers in the home, with an initial footprint of approximately 20 million LG Smart TVs in the U.S. Restaurants will be the first category of focus, with plans to extend to retail and other merchant categories over time.

SoundHound is working with restaurant brands interested in participating as the ecosystem develops. Its platform already serves leading brands across thousands of locations, including Jersey Mike’s, Five Guys, and White Castle.

A New Frontier for Living Room Commerce

This initiative sets the stage for the living room TV to become a transaction channel for restaurant operators and merchants, and for a better overall commerce experience for the consumers they serve. It builds on SoundHound’s merchant network, which handles transaction routing and secure checkout.

For SoundHound, the partnership expands on the commercial channel it debuted at CES 2025. Over time, the company plans to broaden the commerce experiences it supports, bringing its roster of brands from across hospitality, travel, entertainment, banking and more to the smart devices it powers.

“The TV is the largest screen in the most social setting of every home, which makes it a highly untapped opportunity for commerce,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI. “This partnership with LG lays the foundation for how brands can engage with audiences in the living room. By bringing commerce to smart screens, we see an opportunity to create an entirely new channel for merchants.”

Value for Restaurant & Retail Partners

For national quick service restaurant chains, local restaurant groups, and retail brands, commerce on the living room TV represents a way to reach customers where they spend their time.

SoundHound’s approach is designed to offer:

• Direct Customer Engagement: A new way to engage households, starting with approximately 20 million LG Smart TVs in the U.S., during peak dining and viewing windows.
• Zero Additional Hardware: Requires no new in-store hardware for participating restaurants.
• Seamless Integration: Integrates directly with the Point of Sale (POS) and kitchen execution systems restaurants already use.

SoundHound currently works with over 15,000 restaurant locations across the U.S. The company invites restaurant brands, national food chains, and retail partners to learn more about participating by visiting: www.soundhound.com/join-lg-electronics-smart-tv-commerce-ecosystem

About SoundHound AI
SoundHound AI (Nasdaq:SOUN) is a voice and agentic AI company that enables businesses to deliver natural, end-to-end conversational experiences across digital and physical channels, including phones, kiosks, chat, smart devices, drive-thrus, TVs, in-vehicle, and more. Its agentic platform, OASYS, is a self-learning, orchestrated AI system where organizations can build and deploy conversational AI agents to handle transactions, tasks, and workflows on behalf of customers and employees. Built on proprietary technology backed by 750+ patents and years of AI research, SoundHound serves leading brands across industries including automotive, financial services, healthcare, retail, telecommunications, and more. It powers millions of products and processes billions of interactions annually for enterprise customers worldwide. Learn more at: www.soundhound.com

Media:
Fiona McEvoy
415-610-6590
PR@SoundHound.com