Release – Drill Program Successfully Completed at Horse Heaven Antimony-Tungsten-Gold-Silver Project- Idaho USA

Posted on September 11, 2026September 11, 2026 by [email protected]

FORTY-TWO DIAMOND CORE DRILL HOLES COMPLETED AT GOLDEN GATE. MAJOR DRILL PROGRAM OVER 12,200M TARGETED EXTENSIONS OF GOLD AND TUNGSTEN MINERALISATION

HIGHLIGHTS

Forty-Two drill holes completed at Horse Heaven’s Golden Gate Prospect: 42 diamond core holes have been drilled for 12,236m (40,144 ft) successfully completing the planned 2026 drill program at Golden Gate, part of the Horse Heaven Project. The average hole depth is approximately 290m.
Assay results pending on 39 holes: Assay results pending for gold and tungsten from 39 drillholes, with results to be reported over coming months as they are received.
Wide intercepts of gold mineralisation previously reported: Gold mineralisation has been previously reported from Golden Gate from the first three holes of the 2026 drill program and the 2025 program, including:
- Best gold intercept this year to date: 305.7 metres @ 0.64 g/t gold (Au) from surface in HH-GG26-003C, including 17.25m @ 1.19g/t Au from 264.85m (ASX announcement 24 August 2026).
- Best gold intercepts in last year’s drill program were: 189.2m @ 1.30 g/t Au from 34.1m, in HH-GG25-001C, including 70.8m @ 2.24 g/t Au from 128.8m and 253m @ 1.5 g/t Au in HH-GG25-003C (ASX announcements 2 December 2025 & 18 March 2026).
Major extension to gold mineralisation previously reported at Golden Gate South: Results from the first three holes released to date this year have extended gold mineralisation at least 2,000 metres south of Golden Gate North, confirming “discovery status” at Golden Gate South (see ASX announcement 24 August 2026).
Target tungsten mineralisation: The drilling program was also designed to identify the extent of tungsten mineralisation around previous mine workings at the historical Golden Gate Tungsten mine and explore a broad tungsten anomaly in soil samples at Golden Gate South. Known scheelite occurrences in early drillholes were identified visually using a shortwave ultraviolet light (see ASX announcement 1 July 2026 and 13 July 2026).
Core logging and sample dispatch: All the drilled core has been logged and the final drill hole samples will be dispatched for multi-element analysis within the coming week.
NASDAQ trading successful: RML has been well-received by the US market, as demonstrated by the stock achieving its highest-ever value traded on its first day trading on NASDAQ (9 September 2026). RML.NAS is trading as an ADR (200:1), which has boosted the Company’s visibility and exposure to U.S. investors, institutions and U.S. government organisations and personnel. This elevated presence in the U.S. is expected to benefit RML as it develops Horse Heaven into a potential supplier of American-made tungsten and antimony and aims to provide critical metal supply chain security to the U.S. Administration.

Resolution Minerals Ltd (ASX: RML; NASDAQ: RML) (“Resolution” or the “Company”) is pleased to report that a total of forty two (42) diamond core holes have been completed at the Golden Gate North and Golden Gate South Prospects, for a total of 12,236m (40,144 ft) to finish the planned 2026 drill program at the Horse Heaven antimony-tungsten-gold-silver project (“Horse Heaven”), Idaho, USA (Figure 1).

Core logging is complete, recording geology, alteration and mineralisation. All drill metres have been logged (and photographed) by Company geologists or full-time contractors, including inspection by UV light to identify scheelite, a tungsten ore-mineral.

Craig Lindsay, Resolution’s CEO of US Operations, stated: “I am exceedingly pleased to announce the completion of all the planned drillholes at Golden Gate. We await gold and tungsten assay results from the drillhole samples with anticipation. The 2026 drill program marks the largest exploration program ever conducted at Horse Heaven. I thank the team and the drillers for this accomplishment. This work marks a major step forward in the development of the project.”

Golden Gate is located within Resolution’s Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA, and immediately adjacent to Perpetua Resources’ Stibnite Gold Project, a large, recently permitted Antimony-Gold project. Both Golden Gate and Antimony Ridge have been selected for FAST-41 Transparency Coverage from the US Permitting Council, accelerating the permitting timelines for an ongoing permitting program at both prospects and the entire Horse Heaven project.

Wide intercepts of gold mineralisation, previously reported, with higher grade zones:

Gold mineralisation has been identified in all three previously reported diamond core drill holes with assay results from this year’s drilling, extending gold mineralisation at least 2000 metres south from Golden Gate North to Golden Gate South. The best gold intercept in this year’s drilling to date shows gold mineralisation extending from surface downhole to the base of hole in drill hole HH-GG26-003C.

Drill hole HH-GG26-003C: 305.7 metres @ 0.64 g/t Au from surface; Including: 6.5m @ 1.33g/t Au from 62.0m downhole;

17.25m @ 1.19g/t Au from 264.85m downhole;

Major extension to gold mineralisation confirms discovery status at Golden Gate South

Significant pervasive gold mineralisation was identified in all three diamond core drill holes with reported assay results to date from this season’s drilling. Results extended gold mineralisation at least 2,000 metres south of Golden Gate North, confirming “discovery status” at Golden Gate South. Drilling assay results, soil sampling, geophysics and geological mapping has now confirmed the discovery and presence of gold mineralisation at Golden Gate South (ASX announcement 24 August 2026).

Successful Phase 1 drilling last year (2025) for gold mineralisation

This season’s drilling follows the successful Phase 1 drilling campaign in 2025, which totalled 3,780 metres (10,100 ft) across 14 drill holes. All Phase 1 drill holes intersected gold mineralisation from surface and delivered multiple broad gold intercepts, including:

253m @ 1.5 g/t Au (HH-GG25-003C);

189.2m @ 1.30 g/t Au (HH-GG25-001C);

265.2m @ 0.60 g/t Au (HH-GG25-002C); and

240.8m @ 0.64 g/t Au (HH-GG25-004C) (ASX announcements 2 December 2025 & 18 March 2026).

Table 1: Completed drill hole details for 2026 drill program for a total of 12,236m (40,144 ft)

Drill holes targeted tungsten and gold mineralisation at Golden Gate

Drill holes have targeted both gold and tungsten mineralisation, including a significant tungsten in soil anomaly identified at Golden Gate South and around previously mined scheelite at Golden Gate North.

Scheelite is known to occur at Golden Gate (ASX Announcement 8 September 2025). In 2025 diamond core drilling scheelite is reported to occur with quartz and manganese in veins in heavily oxidised quartz-feldspar altered granite. In the Company’s 2026 drill program at Golden Gate, scheelite has again been identified. Known scheelite occurrences in the early drillholes were identified visually using a shortwave ultraviolet light (ASX announcement 1 July 2026 and 13 July 2026). The Company anticipates assay results from this core in coming weeks.

Objectives of the 2026 Drill Program

The objectives of RML’s large 2026 Golden Gate Drill Program, of over 12,000 metres (40,000 ft) of diamond core drilling, across 42 holes, was to target and define the scale and extent of tungsten and gold mineralisation at Golden Gate, starting at Golden Gate South. Golden Gate is located within RML’s Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA, immediately adjacent to the recently permitted Perpetua Resources’ Stibnite Gold Project.

Figure 1: Resolution’s Horse Heaven Antimony-Tungsten-Gold-Silver Project – Antimony Ridge (Sb) with Golden Gate (Au) and Golden Gate Tungsten (W).

Figure 2: Resolution’s last drillhole HH-GG26-042C of the 2026 program at Golden Gate North.

Figure 3: Resolution’s Golden Gate South and Golden Gate North within the Horse Heaven Project – Location of drill holes over coloured gold-in-soil-samples with the location of Cross section in Figure 2. Gold-in-soil-samples emphasises the continuity of gold mineralisation between Golden Gate South and Golden Gate North and between drilled areas (from ASX announcement 24 August 2026 and 11 June 2025).

Figure 4: Resolution’s Golden Gate South – Location of drill holes over coloured gold-in-soil-samples and interpreted mineralisation and alteration with three reported drill hole gold assays as histograms (red) and location of Cross section in Figure 2. Gold-in-soil-samples emphasises the continuity of gold mineralisation between drilled areas (from ASX announcement 24 August 2026 and 11 June 2025).

Authorised for release by the Board of Resolution Minerals Ltd.

For further information, please contact:

Aharon Zaetz Executive Director

Resolution Minerals Ltd M: +61 424 743 098

[email protected]

Jane Morgan Investor Relations

Jane Morgan Management M: +61 405 555 618

[email protected]

Forward Looking Statements

This announcement may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same. These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the acquisition and divestment of projects, joint venture and other contractual risks, metal prices, exploration, development and operating risks, competition, production risks, sovereign risks, regulatory risks including environmental regulation and liability and potential title disputes, availability and terms of capital and general economic and business conditions.

Given these uncertainties, no one should place undue reliance on any forward-looking statements attributable to the Company, or any of its affiliates or persons acting on its behalf. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this announcement to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based.

JORC cross references

The Company confirms it is not aware of any new information or data that materially affects the information cross referenced in this announcement and further to “Agreement to Acquire Major US Antimony Project and Placement” on 11 June 2025, “Drilling to Expand Footprint at Horse Heaven” on 8 September 2025, “Exceptional Rock Chip and Soil Results from Antimony Ridge” on 15 September 2025, “Exceptional Rock Chip and Soil Results Update” on 24 September 2025, “Significant Gold Discovery at Horse Heaven Project” on 28 October 2025, “Significant Gold Discoveries Continue at Golden Gate” on 3 November 2025, “Golden Gate Discovery Grows with Multiple Gold Intercepts” on 2 December 2025, “Further Ultra High Grade Antimony and Silver Results” on 14 January 2026, “New Gold Discovery at Golden Gate South” on 9 February 2026, “Gold & Significant Tungsten Mineralisation in Drilling” on 17 February 2026, “Major Drilling Program Planned to Test Golden Gate Scale” on 18 March 2026, “Exceptional Tungsten Grade Identified in Stockpile Material” on 26 March 2026, “Antimony Ridge Model Shows Extensive Vein Swarms” on 10 April 2026, “Antimony Trioxide Produced from Antimony Ridge“ on 14 April 2026, “Tungsten Concentrates Produced from Golden Gate“ on 28 April 2026, ”Tungsten and Gold Drilling Underway and High Gold Recoveries” on 15 May 2026, and “First 2026 Gold and Tungsten Drilling Proving Encouraging” on 21 May 2026, “Drill Program Progressing Well at Horse Heaven” on 1 July2026 and clarified on 13 July 2026, and “Major Gold Extension Confirmed at Golden Gate” on 24 August 2026 . The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original announcements.

Competent Person’s Statement

The information in this report that relates to exploration results relating to metallurgy, is based on and fairly represents information reviewed and compiled by Mr Ross Brown BSc (Hons), M AusIMM, Principal Geologist/director of exploration consulting firm, Riviere Minerals Pty. Ltd, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Brown has sufficient experience, which is relevant to the exploration activities, style of mineralisation and types of deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Riviere Minerals is consulting to Resolutions Minerals Limited and consents to the inclusion in this announcement of the matters based on their information in the form and context in which it appears.

Appendix A: JORC Code, 2012 Edition

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary
*Sampling techniques*	Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.Aspects of the determination of mineralisation that are Material to the Public Report.In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	This announcement provides an update of the completion of the Company’s 2026 drill program conducted at its Horse Heaven Project in Idaho, USA.This announcement reports the completion of all forty two drill holes, without any exploration results apart from hole location and drill depth data, with the ID reference from HH-GG26-001 to HH-GG26-042, inclusive (“Drilled Holes”).Variations on drill hole reference nomenclature may occur from time to time. The prefix “HH” (denoting Horse Heaven) may not be used. The suffix “C” (denoting Core) may also not be used, as is the case in this announcement. Reported exploration results (data) solely includes drill hole type, drill hole location (UTM metric) and drill hole parameters (dip, azimuth, altitude and end of hole data).No drill core sample assay results of the above-mentioned holes are included in this announcement.No reference to mineralised intersects are included in this announcement.
*Drilling techniques*	Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether	The Drilled Holes are diamond core drill holes that were drilled by Evolve Exploration Ltd using two Multipower MP1500 modular core rigs providing HQ diamond drill core.

Criteria	JORC Code explanation	Commentary
	core is oriented and if so, by what method, etc).	The drill core is oriented. The core orientation method is conducted using the ACTxCore Orientation System.
*Drill sample recovery*	Method of recording and assessing core and chip sample recoveries and results assessed.Measures taken to maximise sample recovery and ensure representative nature of the samples.Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	Drill core recovery of the drilled holes have been consistently high (a function of the solid lithologies) approaching 100%. Lower core recovery rates are sometimes observed in fault zones, with the most significant losses usually occurring near the top of the drill hole, close to the collar, with core recoveries of approximately 50% recovery.
*Logging*	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.The total length and percentage of the relevant intersections logged.	Drill core was logged for lithology, alteration, mineralisation, structure (geotechnical) using oriented core to a level which has enabled preliminary interpretations relating to style of mineralisation, host and thickness. At this stage no Mineral Resource Estimates, mining studies or metallurgical studies are appropriate.Drill core is also logged for RQD and Core recovery.Drill core is then digitally photographed wet while whole after logging.The logging, as described above is both quality and quantitative.100% of the relevant intersections were logged as per above.
*Sub-sampling techniques and sample preparation*	If core, whether cut or sawn and whether quarter, half or all core taken.If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.	The HQ core was halved using a diamond core saw and sampled on geological intervals approximating 0.2m to 1.5m in length. The smallest intervals selected to specifically target mineralised veins

Criteria	JORC Code explanation	Commentary
	For all sample types, the nature, quality and appropriateness of the sample preparation technique.Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.Whether sample sizes are appropriate to the grain size of the material being sampled.	have used down to 0.2m intervals. The 1.5 metre interval is most commonly applied across the core. Drill core is being halved using an electric powered core saw by RML contract staff who maintain possession of the core at its Antimony Camp facility.Half-cut core samples will be bagged and tagged using bar-coded sample tags and were securely stored prior to shipment at the Antimony Camp facility.Half cut core samples were transported by RML contractors under lock and key to ALS prep’ lab’ facility in Twin Falls, ID. No third-party shippers were involved in the shipping process; chain of custody forms were exchanged at ALS Minerals in Twin Falls and a copy kept on file. The remaining boxed cut core are kept at a secure locked facility at Antimony Camp, ID.ALS Minerals Twin Falls prep’ lab’ logs in the samples using the sample tag bar codes provided. Samples were then crushed to 70% less than 2mm, rotary split off 250g, pulverise split to better than 85% passing 75 microns.All samples were then shipped to ALS Minerals analytical laboratory in Vancouver, British Columbia.
*Quality of assay data and laboratory tests*	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and	No drill core assay results are referred to this announcement.

Criteria	JORC Code explanation	Commentary
	model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.
*Verification of sampling and assaying*	The verification of significant intersections by either independent or alternative company personnel.The use of twinned holes.Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.Discuss any adjustment to assay data.	No drill core assay results are referred to this announcement.For clarity, although no drill core assay results are referred to this announcement, various of the Drilled Holes share drill platforms (referred to as Drill Sites). The holes may be fanned (same collar, different azimuth/dip), or scissored (same collar, same plane but opposing azimuth). No holes are twinned (same collar, same azimuth, different dip).
*Location of data points*	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.Specification of the grid system used.Quality and adequacy of topographic control.	The locations of the Drilled Holes were achieved using handheld GPS programmed into the local coordinate system. The accuracy of the GPS is in line with best practice standards.
*Data spacing and distribution*	Data spacing for reporting of Exploration Results.Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.Whether sample compositing has been applied.	In terms of geological data spacing associated with the Drilled Holes every metre of these holes was logged, with details of lithology, alteration, mineralisation recorded to sub-decimetre detail.

Criteria	JORC Code explanation	Commentary
*Orientation of data in relation to geological structure*	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	The Drilled Holes have a drill direction that is approaching perpendicular to the regional trend (lithologically and structurally) and also approaching perpendicular to the known mineralisation. The purpose of the Drilled Holes was to test the possible extension of known gold and tungsten mineralisation at surface at depth along strike from past drill holes and past surface sample results and to test the occurrence of gold in un-oxidised rocks at depth..
*Sample security*	The measures taken to ensure sample security.	All drill core samples were delivered directly to RML’s geologists and contractors on site where they remain under direct supervision at a secure site.
*Audits or reviews*	The results of any audits or reviews of sampling techniques and data.	The competent person is unaware of the undertaking of audits or reviews for sampling technique and data, other than its own review.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria	JORC Code explanation	Commentary
*Mineral tenement and land tenure status*	Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, past sites, wilderness or national park and environmental settings.The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	This announcement refers to exploration results regarding drill core at Golden Gate, a project within the one larger project, Horse Heaven project in Idaho USA, comprising seven hundred and twenty-nine (729) U.S. Federal lode mining claims covering 14,580 acres and includes seven hundred and nineteen (719) mining claims and ten lode mining claims referred as the Oberbillig Group.The competent person understands that the mining claims are all in good standing.
*Exploration done by other parties*	Acknowledgment and appraisal of exploration by other parties.	No exploration results reported in this announcement were performed by other parties.
*Geology*	Deposit type, geological setting and style of mineralisation.	The project area is dominated by Cretaceous-aged granitic rocks relating to intrusive phases associated with the Atlanta Lobe of the Idaho Batholith. These largely granodiorite rocks have intruded Neoproterozoic-aged metasediments, comprising quartzites (which are dominant) calc-silicates, marble and black shale. The area and broader region is affected by broad regional folding and N-S, NNE-SSW, and NE-SW faults.Gold, antimony, tungsten and silver mineralisation is associated with hydrothermally altered and fractured granodiorites.

Criteria	JORC Code explanation	Commentary
*Drillhole Information*	A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drillholes:easting and northing of the drillhole collarelevation or RL (Reduced Level – elevation above sea level in metres) of the drillhole collardip and azimuth of the holedown hole length and interception depthhole length.If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.	The drillhole information for the Drilled Holes is included in a table (Table1) with drill collar location data, altitude, dip, azimuth, and end of hole.
*Data aggregation methods*	In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.The assumptions used for any reporting of metal equivalent values should be clearly stated.	No drill core assay results are referred to this announcement, by this, no weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades were used.
*Relationship between mineralisation*	These relationships are particularly important in the reporting of Exploration Results.	With reference to the Drilled Holes, these holes were drilled close to perpendicular

Criteria	JORC Code explanation	Commentary
*widths and intercept lengths*	If the geometry of the mineralisation with respect to the drillhole angle is known, its nature should be reported.If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).	across the prospect-scale orientation of the known mineralisation. No drill core assay results are referred to this announcement, by this, no relationships pertaining to the geometry of the mineralisation with respect to the drillhole dip and azimuth are included.
*Diagrams*	Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drillhole collar locations and appropriate sectional views.	Two drill hole location plans are provided with geolocation information (coordinates, northing and scale bar) showing the locations of the Drilled Holes and/or the drill pads. Legends are included within each figure (where appropriate) and when additional explanation is required, this is given to the figure caption.
*Balanced reporting*	Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	This announcement is considered to be fair and balanced with respect to the exploration results, being a drilling update.
*Other substantive exploration data*	Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	There is no other material data associated with the Drilled Holes not mentioned in this announcement.
*Further work*	The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).	The drill hole subject of this announcement, the Drilled Holes, are the summary of the 2026 large diamond core drill program of 42-holes for and

Criteria	JORC Code explanation	Commentary
	Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	12,236m (40,144 ft), which is now completed. Drill hole results will be released on an ongoing basis.

Release – Alliance Entertainment Reports Fiscal 2026 Revenue Up 8% to $1.15 Billion; Gross Margin Expands 80 Basis Points to 13.3%

Posted on September 10, 2026September 11, 2026 by [email protected]

Research News and Market Data on AENT

GAAP net income was $13.1 million, or $0.26 per diluted share; adjusted EBITDA increased 14% to $41.5 million; adjusted net income rose 24% to $23.4 million and adjusted diluted EPS increased 24% to $0.46

Vinyl revenue increases 13% to $383 million; CD revenue rises 25% to $156 million

Physical movie revenue increases 22% as relationships with Paramount and Amazon MGM Studios reinforce Alliance’s position as a scaled physical entertainment distribution partner

Collectibles revenue increases 45% as Alliance expands its portfolio of higher-value, premium and proprietary products

PLANTATION, Fla., Sept. 10, 2026 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a scaled entertainment commerce and collectibles platform serving content owners, brands, retailers and fans across music, movies, gaming, licensed merchandise and collectibles, with proprietary brands, authentication technology and reach across more than 35,000 retail and e-commerce storefronts, reported its financial and operational results for its fiscal year ended June 30, 2026.

Fiscal 2026 Financial Highlights

Net Revenues: Increased 8% to $1.149 billion, compared with $1.063 billion in fiscal 2025.
Gross Profit and Margin: Gross profit increased 15% to $152.3 million from $132.9 million, while gross margin expanded 80 basis points to 13.3% from 12.5%.
GAAP Results: Operating income was $27.2 million and net income was $13.1 million, compared with $30.1 million and $15.1 million, respectively. Fiscal 2026 included a $7.8 million non-cash write-off of a historical vendor rebate receivable.
Adjusted EBITDA: Increased 14% to $41.5 million, compared with $36.5 million in fiscal 2025.
Adjusted Net Income and Adjusted Diluted EPS: Adjusted net income increased 24% to $23.4 million, compared with $18.9 million in fiscal 2025, while adjusted diluted earnings per share increased 24% to $0.46 from $0.37.
Interest Expense: Decreased 28% to $7.6 million from $10.6 million, reflecting a lower average effective interest rate following the Company’s refinancing.
Cash Flow and Liquidity: Net cash used in operating activities was $1.7 million, compared with $26.8 million of net cash provided in fiscal 2025, primarily reflecting increased inventory and receivables to support growth. The Company ended fiscal 2026 with $45.7 million of availability under its $120 million revolving credit facility.

“Fiscal 2026 demonstrated that the strategy we have been executing is strengthening both the quality of our business and our position across the entertainment ecosystem,” said Jeff Walker, Chief Executive Officer of Alliance Entertainment. “The market for physical entertainment continues to evolve toward premium formats, collectible products and more specialized distribution, and those changes are playing directly to the capabilities we have built over more than three decades. Our expanding relationships with major content owners, including Paramount and Amazon MGM Studios, reinforce the value of our scale, infrastructure, and ability to manage increasingly complex physical entertainment programs across wholesale, retail, and e-commerce channels.”

“Our opportunity is increasingly broader than traditional distribution,” Walker continued. “We are using the same infrastructure and relationships that support our core business to expand into higher-value collectibles, proprietary products, fulfillment services and new capabilities such as authentication and digital product identity. Our focus is not simply on putting more volume through the platform, but on improving the value and economics of what moves through it. As the entertainment market becomes more specialized and content owners and retailers look for scaled partners that can manage that complexity, we believe Alliance is increasingly well positioned to capture those opportunities and create durable long-term value.”

“Fiscal 2026 was a year of strong execution for Alliance Entertainment,” said Amanda Gnecco, Chief Financial Officer of Alliance Entertainment. “We expanded gross margins, grew gross profit faster than revenue and delivered growth in adjusted EBITDA, adjusted net income and adjusted diluted earnings per share. These results demonstrate the progress we’ve made in strengthening the earnings profile of the business while continuing to invest in the products, capabilities and partnerships that support our long-term growth strategy.”

“Looking ahead to fiscal 2027, we are excited about the opportunities in front of us,” Gnecco added. “Our focus remains on driving profitable growth, improving cash generation and increasing operating leverage as we continue to scale the business. Combined with lower borrowing costs, solid liquidity and continued investment in automation and technology, we believe we are well positioned to deliver continued value for our customers, partners and shareholders.”

Strategic & Operating Highlights

Physical Music Demand Remained Strong Across Formats: Vinyl revenue increased 13% to $383 million, while CD revenue increased 25% to $156 million. Growth across both formats reflects sustained consumer demand for physical ownership, premium editions and collectible-oriented releases, reinforcing the durability of physical music as an important part of Alliance’s portfolio.
Home Entertainment Growth Reinforced Alliance’s Strategic Position with Major Studios: Physical movie revenue increased 22% to $339 million, supported by higher unit volumes and the Company’s expanding studio relationships. Alliance’s exclusive physical-media distribution relationship with Paramount and the addition of Amazon MGM Studios during fiscal 2026 further strengthen the Company’s role as a scaled partner for content owners seeking to manage physical entertainment distribution across wholesale, retail and e-commerce channels.
Collectibles Continued to Expand as a Higher-Value Growth Category: Collectibles revenue increased 45% to $32 million, supported by higher average selling prices, expanded licensed merchandise offerings and continued development of proprietary products. The Company is leveraging its existing entertainment relationships and distribution infrastructure to broaden its participation in premium fan and collector categories, including through its owned Handmade by Robots™ brand.
Fulfillment Growth and Automation Investments Enhanced Platform Scalability: Distribution and fulfillment fee revenue increased 26% to $18.6 million as Alliance continued to expand its role as an omnichannel logistics and fulfillment partner. During fiscal 2026, the Company ordered 5,000 additional totes for its AutoStore system, increasing capacity to 57,000 totes and supporting higher throughput while maintaining fulfillment labor efficiency.
Authentication and Digital Identity Expanded Alliance’s Platform Capabilities: Following the acquisition and integration of Endstate, Alliance continued developing NFC-enabled authentication and digital product identity capabilities through Endstate Authentic and Alliance Authentic™. These initiatives are designed to extend the Company’s participation beyond initial product distribution into areas such as authenticated ownership, provenance, brand protection and resale, creating additional long-term opportunities across premium physical products and collectibles.

Fiscal 2026 Financial Review

The improvement in gross margin during fiscal 2026 reflected stronger margins in physical movies and collectibles, increased contribution from premium and exclusive content, favorable product mix and returns activity, and lower wholesale freight costs as a percentage of sales. A portion of the increase in gross profit was offset by higher selling, general and administrative expenses, which increased to $66.0 million from $56.0 million, primarily reflecting higher payroll and employee-related costs to support growth, as well as increased consulting and professional-service costs associated with strategic initiatives and public-company operations. Fiscal 2026 also included a $7.8 million non-cash write-off of a historical vendor rebate receivable associated with Tastemakers following the counterparty’s cessation of operations. The Company does not consider this charge representative of its ongoing operating performance.

Operating cash flow in fiscal 2026 was principally affected by increased working-capital investment to support the Company’s higher revenue base and anticipated customer demand. Working capital increased to $62.4 million at June 30, 2026, from $45.4 million a year earlier. Inventory and trade receivables increased at rates above the Company’s 8% revenue growth during the year, contributing to the year-over-year decline in operating cash flow. In fiscal 2027, management’s objective is to convert a greater share of earnings into operating cash flow by moderating working-capital growth relative to revenue, increasing inventory productivity and strengthening receivable collections.

The Company benefited from lower borrowing costs during fiscal 2026, with its average effective interest rate declining to 6.1% from 9.2% following its refinancing with Bank of America in October 2025. The Company had $74.3 million outstanding under its $120 million revolving credit facility, with $45.7 million of remaining availability, The facility also provides, subject to certain conditions and lender consent, for up to $50 million of additional borrowing capacity, providing further potential financial flexibility as the business grows. The Company was in compliance with applicable covenants at year-end. During fiscal 2026, the Company also repaid $10.0 million of related-party borrowings, further simplifying its financing structure.

Conference Call

Alliance Entertainment Chief Executive Officer Jeff Walker, Chief Financial Officer Amanda Gnecco, and Executive Chairman Bruce Ogilvie will host the conference call, which will be followed by a question-and-answer session. A presentation will accompany the call and can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.

To access the call, please use the following information:

Date:	Thursday, September 10, 2026
Time:	4:30 p.m. Eastern Time, 1:30 p.m. Pacific Time
Toll-free dial-in number:	1-877-407-0784
International dial-in number:	1-201-689-8560
Conference ID:	13762431

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact RedChip Companies at 1-407-644-4256.

The conference call will be broadcast live and available for replay at https://viavid.webcasts.com/starthere.jsp?ei=1774079&tp_key=92e32c8d84 and via the investor relations section of the Company’s website here.

A telephone replay of the call will be available approximately three hours after the call concludes and can be accessed through October 10, 2026, using the following information:

Toll-free replay number:	1-844-512-2921
International replay number:	1-412-317-6671
Replay ID:	13762431

About Alliance Entertainment

Alliance Entertainment (NASDAQ: AENT) is a scaled entertainment commerce and collectibles platform serving content owners, brands, retailers and fans across music, movies, gaming, licensed merchandise and collectibles. The Company also owns and develops proprietary brands and platforms, including Handmade by Robots™ and Alliance Authentic™, while Endstate Authentic adds NFC-enabled authentication and digital product identity capabilities supporting provenance, brand protection and authenticated resale. Leveraging decades of industry relationships and distribution, fulfillment and inventory-management expertise, Alliance reaches more than 35,000 retail and e-commerce storefronts, connecting entertainment franchises and collectible products with consumers across channels and generations.

For more information, visit www.aent.com.

Forward Looking Statements

Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of risks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws or regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services; Alliance’s reliance on a concentration of suppliers for its products and services; increases in Alliance’s costs, disruption of supply, or shortage of products and materials; Alliance’s dependence on a concentration of customers, and failure to add new customers or expand sales to Alliance’s existing customers; increased Alliance inventory and risk of obsolescence; Alliance’s significant amount of indebtedness; our ability to refinance our existing indebtedness; risks that a breach of the revolving credit facility could result in the lender declaring a default and that the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse consequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention and the additional costs and demands on Alliance’s resources; Alliance’s business being adversely affected by increased inflation, uncertainty regarding tariffs, higher interest rates and other adverse economic, business, and/or competitive factors; geopolitical risk and changes in applicable laws or regulations; as well as our financial condition and results of operations; substantial regulations, which are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which could harm Alliance’s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims; availability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal controls.

For investor inquiries, please contact:

Dave Gentry
RedChip Companies, Inc.
1-800-REDCHIP (733-2447)
1-407-644-4256
[email protected]

View full release here.

Release – T3 Defense wins $1.3 Million Power-Generation Order for European Air-Defense Production

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on DFNS

Order from a leading Israeli defense prime, supports a European production line for a critical air-defense system

September 10, 2026 09:00 ET | Source: T3 Defense Inc.

NEW YORK and NETANYA, Israel, Sept. 10, 2026 (GLOBE NEWSWIRE) — T3 Defense Inc. (Nasdaq: DFNS) (“T3 Defense” or the “Company”), a defense company that acquires and operates mission-critical defense businesses involved in national security programs, today announced that its wholly owned subsidiary, Rimon Agencies Ltd. (“Rimon”), has received a purchase order valued at approximately $1.3 million from a leading Israeli defense prime contractor. Rimon will supply engineered power-generation systems for a European production line supporting a critical air-defense system.

The equipment will be built and configured to the prime contractor’s specifications and the requirements of serial defense production, with deliveries scheduled for the customer’s European production facility.

This order is the first Rimon purchase order tied to European air-defense production activity, demonstrating demand for its engineered power-generation systems in a critical defense-production environment.

“Europe’s continued investment in layered air defense would create demand for the sub-systems our businesses provide,” said Menny Shalom, Chairman and Chief Executive Officer of T3 Defense. “This order from a leading Israeli prime contractor is a tangible example of that demand. Rimon has been selected to supply power-generation systems for a critical air-defense production line in Europe, reinforcing the strategic relevance of the portfolio we have assembled, and it opens a path for Rimon into the European air-defense supply chain, where we see multi-year, program-driven demand for exactly this class of hardware.”

“This is a production-line order, not a one-off delivery, that reflects Rimon’s engineering and manufacturing capabilities and established record supporting Israel’s most demanding customers,” said Itamar Shimoni, Chief Executive Officer of Rimon. “Power generation is where Rimon started, and supplying it into a European defense production environment is a significant step in the expansion of our footprint beyond Israel. We are preparing for the initial delivery phase while continuing to evaluate and invest in building the capacity required to support additional volume from this customer and others.”

Portfolio Context

T3 Defense continues to position its operating subsidiaries, including Rimon, Positech, Tiltan, ITS, and Nimbus across the mission-critical hardware and systems used in defense and counter-drone programs. The Company’s portfolio spans launcher systems, tactical mobility, power generation, positioning and navigation, command-and-control, and training and simulation capabilities that support the deployment, operation and sustainment of layered defense architectures.

Rimon’s recent performance reflects growing demand for its capabilities. As of July 31, 2026, Rimon had generated approximately $5.25 million in year-to-date revenue, already exceeding its full-year 2025 revenue of $4.6 million. As of the same date, Rimon had approximately $2.1 million in backlog scheduled for delivery through year-end. The new order has been added to that backlog.

Through its subsidiaries, T3 Defense seeks to serve defense customers and prime contractors in Israel, Europe and other allied markets, where modernization, readiness and force-protection requirements are driving demand for these categories of equipment and support.

About Rimon

Rimon is a bespoke engineering and systems integration company that develops mission-ready infrastructure platforms for defense, homeland security, and emergency response operations. The company imports, distributes, and upgrades mobile power systems, elevated sensor masts, and builds integrated mission vehicles that support surveillance, communications, and command systems operating in environments where permanent infrastructure is unavailable. By engineering systems around real operational requirements, Rimon enables critical technologies to be deployed rapidly and operate reliably in demanding field conditions.

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 the anticipated timing, phasing and completion of deliveries under the order described herein; the recognition of revenue from such order; the potential for follow-on, recurring or additional orders from the customer or other parties; European air- and missile-defense demand and procurement trends; the potential for Rimon or the Company’s other subsidiaries to qualify into or participate in European defense supply chains; Rimon’s operational expansion plans; and the Company’s growth and acquisition 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: the risk that the order is modified, delayed, reduced or cancelled by the customer; customer acceptance, testing and qualification requirements; export-control, licensing, local-content and shipping requirements applicable to deliveries to Europe; the risk that a single order is not indicative of future orders or of participation in any broader program; dependence on a limited number of defense prime contractors and customer concentration; defense program funding, procurement timing and the pace of European production activity; manufacturing execution, capacity and supply-chain risks, including the availability of components; the risk that backlog does not convert into revenue; competitive and geopolitical conditions, including conditions in Israel and in Europe; the Company’s liquidity and capital resources; the Company’s ability to maintain compliance with Nasdaq listing requirements; the integration of acquired businesses; 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
[email protected]
www.t3dfns.com

Rimon
Chen Ganzer
[email protected]

Investor Relations
The Equity Group Inc.
Lena Cati
[email protected]
+1 212 836-9611

Val Ferraro
[email protected]
+1 212 836-9633

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/358e2d78-f966-49aa-bba1-c1ac294d8e9e

Release – Vince Holding Corp. Reports Second Quarter 2026 Results

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on VNCE

09/10/2026

Net Sales Increased 11.7% to $81.8 Million vs. 2Q25
Raises Full Year Fiscal 2026 Guidance

NEW YORK–(BUSINESS WIRE)– Vince Holding Corp. (Nasdaq: VNCE) (“VNCE” or the “Company”), a global retail platform, today reported its financial results for the second quarter ended August 1, 2026.

Brendan Hoffman, Chief Executive Officer of VNCE said, “We delivered strong results this quarter, with excellent growth across both our direct-to-consumer and wholesale channels, and this momentum gives us confidence to raise our full-year guidance. Importantly, the recent completion of the OVO acquisition marks a pivotal moment for our Company. We are entering the streetwear market through a brand with deep cultural roots and an authentic customer connection, and we’re bringing to it the operating discipline and infrastructure that have driven Vince’s turnaround. The acquisition provides a significant growth runway and we see meaningful opportunities to expand OVO’s retail presence and launch wholesale distribution through longstanding relationships, positioning the combined platform for substantial long-term value creation.”

In this press release, the Company is presenting its financial results in conformity with U.S. generally accepted accounting principles (“GAAP”) as well as on an “adjusted” basis. Adjusted results presented in this press release are non-GAAP financial measures. See “Non-GAAP Financial Measures” below for more information about the Company’s use of non-GAAP financial measures.

For the second quarter ended August 1, 2026:

Total Company net sales increased 11.7% to $81.8 million compared to $73.2 million in the second quarter of fiscal 2025. The year-over-year increase was driven by a 13.7% increase in the direct-to-consumer segment and a 10.4% increase in the wholesale segment.
Gross profit was $49.8 million, or 60.9% of net sales, compared to gross profit of $36.9 million, or 50.4% of net sales, in the second quarter of fiscal 2025. The increase in gross margin for the second quarter of fiscal 2026 includes a favorable impact of $10.4 million related to the IEEPA tariff refund, which offset the unfavorable impact from higher product costing which contributed negatively by approximately 160 basis points, and the unfavorable impact from higher freight costs of approximately 130 basis points. The gross margin rate, excluding the benefit of the tariff refund, was 48.2% in line with the Company’s expectations.
Selling, general, and administrative expenses were $36.3 million, or 44.3% of sales, compared to $25.8 million, or 35.2% of sales, in the second quarter of fiscal 2025. The increase in SG&A dollars was primarily driven by anniversarying last year’s $5.6 million benefit from the receipt of payroll tax credit payments from the U.S. Department of the Treasury under the Employee Retention Credit program (the “ERC benefit”) as well as $2.9 million related to transaction costs associated with the acquisition of October’s Very Own (“OVO”) operating business (“OVO transaction”).
Income from operations was $13.6 million compared to income from operations of $11.2 million in the same period last year. Adjusted income from operations, which includes the benefit from tariff refunds in the second quarter of fiscal 2026, was $16.4 million compared to $5.5 million in the same period last year.
Income tax expense was $3.1 million compared to an income tax expense of $0.1 million in the same period last year. The expense is due to the impact of applying the Company’s estimated annual effective tax rate to the year-to-date ordinary pre-tax income.
Net income was $10.6 million or $0.80 per diluted share compared to net income of $12.1 million or $0.93 per diluted share in the same period last year. Adjusted net income, which includes the benefit from tariff refunds in the second quarter of fiscal 2026, was $13.5 million or $1.02 per diluted share compared to $4.9 million or $0.38 in the same period last year.
Adjusted EBITDA*, which includes the benefit from tariff refunds in the second quarter of fiscal 2026, was $18.0 million compared to $6.7 million in the same period last year.
The Company ended the quarter with 53 company-operated Vince stores.

Second Quarter Review

Net sales increased 11.7% to $81.8 million as compared to the second quarter of fiscal 2025.
Wholesale segment sales increased 10.4% to $49.4 million compared to the second quarter of fiscal 2025.
Direct-to-consumer segment sales increased 13.7% to $32.4 million compared to the second quarter of fiscal 2025.
Income from operations excluding unallocated corporate expenses was $29.1 million compared to income from operations of $17.3 million in the same period last year.

Net Sales and Operating Results by Segment:

Balance Sheet

At the end of the second quarter of fiscal 2026, total borrowings under the Company’s debt agreements totaled $12.3 million and the Company had $63.6 million of excess availability under its revolving credit facility.

Net inventory at the end of the second quarter of fiscal 2026 was $73.4 million compared to $76.7 million at the end of the second quarter of fiscal 2025. The year-over-year decrease in inventory includes approximately $2.6 million of IEEPA refunds.

During the quarter ended August 1, 2026, the Company did not make any offerings or sales of shares of common stock under the Virtu At-the-Market Offering. At August 1, 2026, $0.9 million was available under the Virtu At-the-Market Offering.

October’s Very Own (“OVO”) Acquisition

As previously announced on August 27, 2026, the Company completed the acquisition of the operating business of OVO, a globally recognized lifestyle brand which delivered nearly $50 million in sales in calendar year 2025. VNCE now owns and will operate OVO’s business as OVO’s core apparel and retail licensee, strengthening its partnership with Authentic Brands Group (“Authentic”) and expanding its multi-brand platform strategy beyond Vince, with opportunity to build on OVO’s existing operations using its scale and infrastructure to support the brand’s next phase of growth. The Company sees opportunity to grow OVO sales to over $100 million and deliver Adjusted EBITDA margins in the low double digit percentage range by fiscal 2030. VNCE acquired the OVO operating business for a nominal cash purchase and also acquired a minority stake in OVO’s intellectual property through the cash purchase of a 5% equity interest in the IP holding entity newly formed by majority-owner, Authentic, for $6 million.

Outlook

The Company is providing its outlook for the Vince Business for the third quarter of fiscal 2026 and raising its outlook for the Vince Business for the full year fiscal 2026. The Company’s outlook now considers the benefit of tariff refunds resulting from the Supreme Court’s decision on the IEEPA tariffs. The following outlook does not include the OVO Business.

For the third quarter of fiscal 2026 the Company expects the following for the Vince Business:

Net sales to increase approximately 5% to 8% compared to the prior year period.
Adjusted operating income as a percentage of net sales to be approximately 7.5% to 8.5%.
Adjusted EBITDA as a percentage of net sales to be approximately 8.5% to 9.5%.

For fiscal 2026 the Company expects the following for the Vince Business:

Net sales to increase approximately 8% to 10% compared to the prior year.
Adjusted operating income as a percentage of net sales to be approximately 7.5% to 8.0%.
Adjusted EBITDA as a percentage of net sales to be approximately 9.0% to 9.5%.

*Non-GAAP Financial Measures

In addition to reporting financial results in accordance with GAAP, the Company has provided, with respect to the financial results relating to the three and six months ended August 1, 2026 and August 2, 2025, adjusted EBITDA, which is a non-GAAP measure. Adjusted EBITDA is calculated as earnings before interest, taxes, depreciation and amortization, share-based compensation, capitalized cloud computing amortization, OVO transaction costs, and ERC Benefit. For the three and six months ended August 1, 2026 and August 2, 2025 respectively, the Company has provided adjusted income from operations, adjusted income (loss) before income taxes and equity in net income of equity method investment, adjusted income (loss) before equity in net income of equity method investment, adjusted net income, and adjusted earnings per share, which are non-GAAP measures, in order to eliminate the effect of the OVO transaction costs, ERC benefit, and Discrete Tax Effect Associated with ERC benefit.

The Company believes that the presentation of these non-GAAP measures facilitates an understanding of the Company’s continuing operations without the impact associated with the aforementioned items. While these types of events can and do recur periodically, they are excluded from the indicated financial information due to their impact on the comparability of earnings across periods. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. A reconciliation of GAAP to non-GAAP results has been provided in Exhibit 3 and Exhibit 4 to this press release.

Conference Call

A conference call to discuss the second quarter results will be held today, September 10, 2026, at 8:30 a.m. ET, hosted by Vince Holding Corp. Chief Executive Officer, Brendan Hoffman, and Chief Financial Officer, Yuji Okumura. During the conference call, the Company may make comments concerning business and financial developments, trends and other business or financial matters. The Company’s comments, as well as other matters discussed during the conference call, may contain or constitute information that has not been previously disclosed.

Those who wish to participate in the call may do so by dialing (833) 461-5787, conference ID 879266281. Any interested party will also have the opportunity to access the call via the Internet at http://investors.vince.com/. To listen to the live call, please go to the website at least 15 minutes early to register and download any necessary audio software. For those who cannot listen to the live broadcast, a recording will be available for 12 months after the date of the event. Recordings may be accessed at http://investors.vince.com.

ABOUT VINCE HOLDING CORP.

Vince Holding Corp. is a global retail platform that operates the Vince brand women’s and men’s ready to wear business and the October’s Very Own (“OVO”) brand apparel and accessories business. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Vince operates 41 full-price retail stores, 12 outlet stores, and its e-commerce site, vince.com, as well as through premium wholesale channels globally. OVO is a Canadian lifestyle brand originally founded in 2008 by Aubrey “Drake” Graham and a Toronto collective offering premium apparel and accessories. OVO operates 12 flagship retail stores worldwide and its e-commerce site, octobersveryown.com. Please visit investors.vince.com for more information.

Forward-Looking Statements: This document, and any statements incorporated by reference herein contain forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include the statements under “Outlook” above as well as statements regarding, among other things, our current expectations about possible or assumed future results of operations of the Company and are indicated by words or phrases such as “may,” “will,” “should,” “believe,” “expect,” “seek,” “anticipate,” “intend,” “estimate,” “plan,” “target,” “project,” “forecast,” “envision” and other similar phrases. Although we believe the assumptions and expectations reflected in these forward-looking statements are reasonable, these assumptions and expectations may not prove to be correct and we may not achieve the results or benefits anticipated. These forward-looking statements are not guarantees of actual results, and our actual results may differ materially from those suggested in the forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, some of which are beyond our control, including, without limitation: changes to and unpredictability in the trade policies and tariffs imposed by the U.S. and the governments of other nations; general economic conditions; our ability to maintain adequate cash flow from operations or availability under our revolving credit facility to meet our liquidity needs; restrictions on our operations under our credit facilities; our ability to improve our profitability; our ability to maintain our larger wholesale partners; our ability to accurately forecast customer demand for our products; our ability to maintain the license agreement relating to the Vince brand with ABG Vince; ABG Vince’s expansion of the Vince brand into other categories and territories; ABG Vince’s approval rights and other actions; our ability to realize the benefits of our strategic initiatives; our ability to make lease payments when due; our ability to open retail stores under favorable lease terms and operate and maintain new and existing retail stores successfully; our operating experience and brand recognition in international markets; our ability to remediate the identified material weakness in our internal control over financial reporting; our ability to comply with domestic and international laws, regulations and orders; increased scrutiny regarding our approach to sustainability matters and environmental, social and governance practices; competition in the apparel and fashion industry; our ability to attract and retain key personnel; seasonal and quarterly variations in our revenue and income; the protection and enforcement of intellectual property rights relating to the Vince brand; our ability to successfully integrate, operate and grow the OVO business (the “OVO Transaction”) and realize the anticipated benefits of the OVO Transaction; the extent of our foreign sourcing; our reliance on independent manufacturers; our ability to ensure the proper operation of the distribution facilities by third-party logistics providers; fluctuations in the price, availability and quality of raw materials; the ethical business and compliance practices of our independent manufacturers; our ability to mitigate system or data security issues, such as cyber or malware attacks, as well as other major system failures; our ability to adopt, optimize and improve our information technology systems, processes and functions; our ability to comply with privacy-related obligations; our status as a “controlled company”; our status as a “smaller reporting company”; and other factors as set forth from time to time in our Securities and Exchange Commission filings, including those described under “Item 1A—Risk Factors” in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. We intend these forward-looking statements to speak only as of the time of this release and do not undertake to update or revise them as more information becomes available, except as required by law.

View full release here.

Investor Relations Contact:
ICR, Inc.
Caitlin Churchill, 646-277-1274
[email protected]

Source: Vince Holding Corp.

Release – SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako, Aiming to Lead the Smart Home, Builder & Hotel Markets with Their Combined Platform Technologies

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on SKYX

September 10, 2026 07:31 ET | Source: SKYX Platforms Corp.

In the Past 5 Years Deako Has Shipped Over 32 million Units of Its Technologies Including Its Smart Home Plug-In Wall Switches, with Over $26M in Revenues in 2025

Deako is a Leading Technology Supplier to Over 50 U.S. Builders Including D.R. Horton, Toll Brothers, Risewell Homes, Adams Homes, Maronda Homes, Shea Homes, Schumacher Homes, Among Others, and is Expected to Fast Track SKYX’s Technologies to the Vast Builder Market

Deako’s Lead Investor and Board Member, Include Paul Jacobs, former Chairman and CEO of Qualcomm, and Board Member Marwan Fawaz, former CEO of Nest

SKYX and Deako Management will Hold a Conference Call Today, September 10, 2026, at 8:30 a.m. Eastern Time, to Discuss Merger Aspects. See below for dial-in information.

MIAMI, Sept. 10, 2026 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), an award winning highly disruptive advanced safe-smart home and AI platform technology company with over 100 U.S. and global pending and issued patents and a portfolio of 60 lighting and home décor websites, with a mission to make homes and buildings become advanced, safe and smart instantly as the new standard, today announced it has signed a merger agreement with U.S. AI smart home Silicon Valley backed company Deako Inc., aiming to lead the AI smart home, builder and hotel markets with their combined plug and play smart home and AI platform technologies.

Merger Agreement Highlights and Economics

Deako Inc. is a smart home AI platform and intelligent lighting company with 20 U.S. and global patents and patent pending applications for plug & play advanced, smart home and AI activated lighting wall switches.
The merger agreement between SKYX and Deako will enable SKYX to address from A-to-Z the smart electronic real estate of electrical outlet boxes in homes and buildings including wall outlets, wall switches and ceiling outlet boxes for smart home and safety products, lighting, ceiling fans, smoke detectors, among others, all with advanced and smart home plug & play solutions.
Most smart home solutions today require time-consuming and costly wired installation and address only part of the A-to-Z opportunity, while the SKYX Deako merger is aiming to facilitate an entire A-to-Z solution, all plug & play for advanced, smart home AI platforms and products.
Based on SKYX technology’s safety aspects, during the past years its safe instant plug & play ceiling outlet receptacle system has received vote approvals from U.S. leading building safety standardization organizations including 10 segments in the NFPA-NEC code book (National Fire Protection Association / National Electrical Code) and its technology’s specifications received an approval vote by ANSI/NEMA as a standard.
In the past 5 years Deako has shipped over 32 million units of its technologies including its smart home plug-in wall switches, with over $26 million in revenue in 2025.
Deako is a leading technology supplier to the builder market with over 50 U.S. builders, including D.R. Horton, Toll Brothers, Risewell Homes, Adams Homes, Maronda Homes, Shea Homes, Schumacher Homes, among others.
The merger is expected to fast track SKYX’s technologies and products into Deako’s vast builder market footprint of over 50 U.S. builders, including those named above. Additionally, the merger will open the door for Deako’s products into SKYX projects including Marriott and European hotels, Miami’s $4 billion Smart City, among others.
The SKYX Deako merger is expected to increase Deako’s SKU count to the builder, hotel and pro markets five-fold.
Why are all cars smart while 90% of homes are not? The main reason and barrier are the complexity, time consuming, costly and rigorous wiring installation. The SKYX Deako merger provides an instant smart home safe plug & play solution for homes, buildings, hotels among others.
The merger is expected to provide deployment opportunities of millions of combined products into the builder, hotel and pro market and future recurring revenue opportunities from plug & play product interchangeability, AI services, monitoring, subscriptions, licensing, among others.
The merger will enable significant cost saving synergies including overhead consolidation in software, accounting, general administration, sourcing, efficiency optimization and other benefits.
Deako’s Founder and CEO is Derek Richardson, former sales leader in prominent tech companies Blackberry and Cypress. Derek will remain CEO of Deako and will lead SKYX’s growth including to the builder, hotel, and pro markets.
Deako’s Board members include Paul Jacobs (former Qualcomm Chairman and CEO), Marwan Fawaz (former CEO of Nest), and Executive Chairman, Scott Vertrees.
As consideration for the merger SKYX will issue common stock, equal to 18.46% of the Company, totaling 25,000,000 shares subject to up to a 2-year lockup/leak out agreement (1-year full lock up, in addition to 9-12 months leak out) with Rule 10b5-1 trading plan.
Post merger, current SKYX’s shareholders will own 84.4% of the Company and Deako’s shareholders and lender collectively will own 15.6%.
In addition, SKYX will pay Deako’s lender a payment of $4M by closing and issue a note of $8.5M, with $2.25M paid in Q-1 2027, and the remaining $6.25M in Q-4 2027.
The merger will expand the collective patent portfolio where SKYX has over 100 patents and pending applications and Deako with 20 patents and patent pending applications to over 120 patents and patent pending applications, related to platforms, smart home, AI and plug & play products.

Paul Jacobs, Deako Board Member, former Chairman and CEO of Qualcomm, said: “Throughout my career, I have been deeply involved in building ecosystems and platforms to integrate diverse capabilities into smartphones and other devices. The merger of SKYX Platforms and Deako brings together two synergistic platforms for the home. To date, the smart home has advanced slowly device by device. SKYX combines its position at the ceiling, its all-in-one smart home hub and AI platform and its safe plug & play ceiling outlet receptacle, with Deako’s wall receptacle, intelligent switches and more than 32 million products already shipped into homes. Together they provide the electronic real estate of homes, buildings and hotels, where power, control, sensing and AI intelligence will naturally live. This merger can drive the new standard for safe, smart and AI intelligent homes.”

Marwan Fawaz, Deako Board Member and former CEO of Nest, said: “Smart home solutions have historically been overly complicated to bring to market; they need an easier and more intuitive consumer experience. The combination of SKYX and Deako provides a broad array of products to solve these complex and challenging problems in the home with innovation, simplicity, and safety in mind. Going forward, the combined companies will work in tandem with the large technology/AI providers to capitalize on the tsunami of innovation coming to the intelligent home experience.”

Steve Schmidt, President of SKYX and former CEO of A.C. Nielsen, said: “We are excited about the SKYX Deako merger. I strongly believe that our combined plug & play platform technologies with vast electronic real estate and endless offerings including home safety sensors, smart home sensors, AI intelligence and much more will be game-changing for the smart home, building and hotel industries. Working with Rani for many years, I would emphasize that this merger and its growth potential really demonstrate how Rani’s vision, and business acumen are as unique as his inventing capabilities.”

Derek Richardson, CEO and Founder of Deako Inc., said: “We are very excited for our merger with SKYX and its game-changing platform technologies, including its all-in-one smart home and AI platform technology, as well as its plug & play ceiling outlet receptacle platform that was voted by ANSI / NEMA and NFPA – NEC based on its significant safety aspects. The smart home is won or lost at the moment a house is being built — that’s why we built Deako for the builder channel first. As the intelligent home emerges, the electronic real estate inside a house becomes critical infrastructure, and the ceiling and the wall are everything. Joining SKYX pairs what we’ve built at the wall with what they’ve built at the ceiling that maximizes performance of smart home products and gives builders one complete, plug-and-play solution instead of a collection of parts.”

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: We are very excited for our merger with Deako and its team members. We strongly believe that the SKYX Deako combined platform technologies, patent portfolio, and collective teams, will significantly grow our market penetration in the builder, hotel and pro market and will offer future additional recuring revenue opportunities from plug & play product upgrades, AI services, monitoring, subscriptions, licensing, among others. The SKYX-Deako merger and its terms provide tremendous value validation of our technologies, including our vast global patent portfolio and our safety-related building code approvals by NFPA-NEC and ANSI/NEMA, while also delivering significant value to our shareholders.

For more information about Deako: Click Here

For a video demo of SKYX’s technologies: Click Here

SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako

Dial In Information

Participating Management

SKYX Representatives
Deako Representatives

Conference Call and Webcast Details

Date: Thursday, September 10, 2026
Time: 8:30 a.m. Eastern Time
U.S. dial-in: 1-877-407-0792
International dial-in: 1-201-689-8263
Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1775971&tp_key=18e7862478

Participants should connect approximately 10 minutes before the scheduled start Participant Listening: 1-877-407-0792 or 1-201-689-8263

Call me™:

https://callme.viavid.com/viavid/?callme=true&passcode=13760591&h=true&info=company&r=true&B=6- Participants can use Guest dial-in #s above and be answered by an operator OR click the Call me™ link for instant telephone access to the event.- Call me™ link will be made active 15 minutes prior to scheduled start time.

Telephone replay

A telephone replay will be available approximately three hours after the call through October 10, 2026, at 11:59 p.m. Eastern Time.

U.S. replay dial-in: 1-844-512-2921
International replay dial-in: 1-412-317-6671
Replay access ID: 13762632

About SKYX Platforms Corp.

As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced, safe, smart and AI platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns 60 lighting and home décor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at https://www.skyx.com/ or follow us on LinkedIn.

Forward-Looking Statements

Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and statements include, but are not limited to, risks relating to the merger, including risks arising from the diversion of management’s attention from the Company’s ongoing business operations, an increase in the amount of costs, fees and expenses and other charges related to the merger agreement or the merger, the outcome of any litigation that the Company or Deako may become subject to relating to the merger, the extent of, and the time necessary to obtain, any regulatory approvals that may be required for completion of the merger, risks of disruption to the Company’s business as a result of the public announcement of the merger, the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement or other agreements relating to the merger, an inability to complete the merger in a timely manner or at all, including due to a failure of any condition to the closing of the merger to be satisfied or waived by the applicable party, a decline in the market price for the Company’s common stock if the merger is not completed, risks that the merger disrupts current plans and operations of the Company or Deako and potential difficulties in Company or Deako employee retention as a result of the merger, the Company’s ability to pay the interest and principal on the promissory notes to be issued in connection with the merger, and the ability to implement business plans, forecasts and other expectations after the completion of the merger, realize the intended benefits of the merger, and identify and realize additional opportunities following the merger. Such risks and uncertainties also include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s ability to expand its market presence and control the market following the merger with Deako; the Company’s ability to achieve positive cash flows; the Company’s efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company’s ability to capture market share; the Company’s estimates of its potential addressable market and demand for its products and technologies; the Company’s ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company’s ability to continue as a going concern; the Company’s ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company’s products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company’s current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company’s ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company’s actual operating results; the potential impact of unstable market and economic conditions on the Company’s business, financial condition, and stock price; and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws.

Investor Relations Contacts:

Jeff Ramson
PCG Advisory
[email protected]

Ronald A. Both
Encore Investor Relations
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/035fa895-2b5b-4bec-a3ee-faf9e5904c61

Release – GeoVax Provides Nasdaq Listing Update and Reaffirms Focus on Advancing Strategic Priorities

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on GOVX

ATLANTA, GA – September 10, 2026 – GeoVax Labs, Inc. (Nasdaq: GOVX), a clinical-stage biotechnology company developing vaccines and immunotherapies against high-consequence infectious diseases and solid tumor cancers, today provided an update regarding its Nasdaq listing status and reaffirmed its continued focus on advancing the Company’s key development and strategic priorities.

As previously disclosed, GeoVax requested a hearing before the Nasdaq Hearings Panel (the “Panel”) to appeal the delisting determination the Company received on August 27, 2026, relating to the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The hearing has been scheduled for October 13, 2026.

The Company’s hearing request has stayed any suspension or delisting action pending the hearing and the expiration of any extension period that may be granted by the Panel following the hearing. Accordingly, GeoVax’s common stock is expected to continue to trade on The Nasdaq Capital Market under the symbol “GOVX” at least through that period. At the hearing, GeoVax intends to present its plan to regain and maintain compliance with the applicable Nasdaq listing standards.

David Dodd, Chairman and Chief Executive Officer of GeoVax, commented, “We remain committed to maintaining GeoVax’s Nasdaq listing and look forward to presenting our compliance plan to the Hearings Panel. Importantly, the Nasdaq process does not change our strategic priorities or our focus on execution. We continue to advance GEO-MVA toward its planned pivotal Phase 3 clinical program, pursue opportunities to strengthen our manufacturing and global preparedness capabilities, and engage potential strategic, funding and development partners across our portfolio.”

Mr. Dodd continued, “Our focus remains on building long-term value from GeoVax’s vaccine and immuno-oncology programs while addressing the Company’s near-term corporate and financing priorities. We believe the progress across our programs, together with the growing emphasis on vaccine supply resilience, biodefense preparedness and expanded global access, provides a strong foundation for our continued efforts.”

Continued Focus on Key Strategic Priorities

GeoVax’s priority program is GEO-MVA, an investigational Modified Vaccinia Ankara (MVA)-based vaccine targeting mpox and smallpox. The program is advancing under an expedited regulatory pathway, with plans to initiate a pivotal Phase 3 clinical trial addressing the need for expanded orthopoxvirus vaccine supply and biodefense preparedness.

In parallel, GeoVax continues to pursue manufacturing and product innovations intended to support broader access and preparedness, while evaluating strategic partnerships and funding opportunities aligned with its development priorities.

In oncology, GeoVax is developing Gedeptin®, a gene-directed enzyme prodrug therapy (GDEPT) designed to enhance immune checkpoint inhibitor activity. Gedeptin has completed a multicenter Phase 1/2 clinical trial in advanced head and neck cancer and is being advanced into combination strategies, including planned neoadjuvant and first-line settings.

The Company also maintains a broader MVA-based vaccine platform and intellectual property portfolio addressing high-consequence infectious diseases and global health preparedness.

About GeoVax

GeoVax Labs, Inc. is a clinical-stage biotechnology company focused on the development of vaccines and immunotherapies addressing high-consequence infectious diseases and solid tumor cancers. GeoVax’s priority program is GEO-MVA, a Modified Vaccinia Ankara (MVA)–based vaccine targeting mpox and smallpox. The program is advancing under an expedited regulatory pathway, with plans to initiate a pivotal Phase 3 clinical trial in the second half of 2026, to address critical global needs for expanded orthopoxvirus vaccine supply and biodefense preparedness. In oncology, GeoVax is developing Gedeptin®, a gene-directed enzyme prodrug therapy (GDEPT) designed to enhance immune checkpoint inhibitor activity. Gedeptin has completed a multicenter Phase 1/2 clinical trial in advanced head and neck cancer and is being advanced into combination strategies, including planned neoadjuvant and first-line settings. GeoVax maintains a global intellectual property portfolio supporting its infectious disease and oncology programs and continues to evaluate strategic partnerships and funding opportunities aligned with its development priorities. For more information, visit www.geovax.com.

Forward-Looking Statements

This release contains forward-looking statements regarding GeoVax’s business plans. The words “believe,” “look forward to,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Actual results may differ materially from those included in these statements due to a variety of factors, including whether: GeoVax is able to obtain acceptable results from ongoing or future clinical trials of its investigational products, GeoVax’s immuno-oncology products and preventative vaccines can provoke the desired responses, and those products or vaccines can be used effectively, GeoVax can develop and manufacture its immuno-oncology products and preventative vaccines with the desired characteristics in a timely manner, GeoVax’s immuno-oncology products and preventative vaccines will be safe for human use, GeoVax’s vaccines will effectively prevent targeted infections in humans, GeoVax’s immuno-oncology products and preventative vaccines will receive regulatory approvals necessary to be licensed and marketed, GeoVax raises required capital to continue and complete development, there is development of competitive products that may be more effective or easier to use than GeoVax’s products, GeoVax will be able to enter into favorable manufacturing and distribution agreements, and other factors, over which GeoVax has no control.

Further information on our risk factors is contained in our periodic reports on Form 10-Q and Form 10-K that we have filed and will file with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:

[email protected]

678-384-7220

Media Contact:

Jessica Starman

[email protected]

Release – Tectonic Metals Drills 1.40 g/t Au Over 30.00 Metres, Including 4.58 g/t Au Over 4.50 Metres, Extending Higher-Grade Corridor to 300 Metres Vertical Depth at Chicken Mountain, Flat Gold Project, Alaska

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on TETOF

Download the PDF

Drilling Also Returns 0.51 g/t Au Over 118.16 Metres of Continuous Mineralization to End of Hole; Step-Out Drilling Expands Southern Mineralized Footprint by 200 Metres to 600 Metres

Assays Pending from 97 Drill Holes Representing 18,000 Metres of 2026 Drilling; Maiden Mineral Resource Estimate Targeted for Q1 2027

VANCOUVER, B.C., September 10, 2026 – Tectonic Metals Inc. (“Tectonic” or the “Company”) (TSX-V: TECT; OTCQX: TETOF) today announced the first assay results from its 2026 drill program at Chicken Mountain, the most advanced intrusion target at the Company’s flagship 99,840-acre Flat Gold Project (“Flat”) in southwest Alaska, U.S. The results from 15 drill holes totalling 2,276 metres (“m”) have expanded gold mineralization both at depth and to the south, further substantiating Chicken Mountain as a bulk-tonnage Reduced Intrusion Related Gold System (“RIRGS”), with potential for heap-leach processing.

Chicken Mountain is one of six district-scale intrusion targets currently identified at Flat and is being advanced toward a maiden Mineral Resource Estimate (“MRE”) targeted for Q1 2027.

Key Drill Results & Geological Highlights¹

The 2026 drill program at Flat has completed over 22,000 m year-to-date, with assay results from 15 holes totalling 2,276 m reported in this release. These results extend gold mineralization in two priority areas at Chicken Mountain: Central Corridor 2, one of six higher-grade corridors identified across 3.3 kilometres (“km”) of drilled strike; and the southern extension of the near-surface mineralized footprint.

Central Corridor 2 Depth Extension to Over 300 m:
- Diamond hole CMD26-036 returned 1.40 grams per tonne gold (“g/t Au”) over 30.00 m from 183.00 m, including 4.58 g/t Au over 4.50 m, and a separate deeper interval of 0.51 g/t Au over 118.16 m from 270.00 m to the end of the hole at 388.16 m, including 0.93 g/t Au over 19.50 m and 1.42 g/t Au over 7.50 m.
- This area, defined as Central Corridor 2, was first described in Tectonic’s January 22, 2026 news release² with CMD25-011, which intersected 0.69 g/t Au over 124.97 m, including 1.46 g/t Au over 26.00 m, across a corridor measuring approximately 200 m strike × 150 m width × 100 m depth.
- CMD26-036 now confirms the continuation of this zone down to over 300 m vertical depth. Central Corridor 2 remains open in all directions.
Southern Mineralized Footprint Expanded by 200 m to 600 m in Length: Located 1.2 km south of CMD26-036, RC holes CMR26-141 and CMR26-142 expanded the drilled southern margin of Chicken Mountain by 200 m to the southwest, increasing its interpreted length in the southernmost tested area to approximately 600 m:
- CMR26-141: 0.31 g/t Au over 25.91 m from 144.78 m, including 0.81 g/t Au over 4.57 m; hole ended in mineralization at 172.21 m.
- CMR26-142 – southwestern step-out: 0.56 g/t Au over 38.10 m from 80.77 m, including 3.06 g/t Au over 4.57 m.
- Together, these step-out holes confirm gold mineralization 200 m southwest of previous drilling and materially expand the drilled footprint in the southern portion of Chicken Mountain.
Higher-grade Interval Within Broader Mineralization: RC hole CMR26-128 located in the southern mineralized footprint returned 0.71 g/t Au over 22.86 m from 59.44 m, including 6.79 g/t Au over 1.52 m; hole ended in mineralization at 111.25 m.
Higher-Grade Corridor Characterization:
- Currently, there are six higher-grade corridors identified within the broader mineralized envelope across the 3.3 km of drilled strike (see Figure 1). They range from 200 to 300 m in strike and up to 200 m in width, remaining open at depth. These corridors warrant further drilling (see Figure 4) and may have the potential to support future starter-pit opportunities.
- Central Corridor 2 and the other higher-grade gold corridors are commonly associated with intense oxidization and/or sericite alteration, with a mineralized quartz and quartz-carbonate vein density of 1–3 veins per metre. These veins and alteration commonly host fine- to medium-grained arsenopyrite, pyrite and stibnite.
- Tectonic is integrating oriented-core structural measurements with alteration, vein-density and multi-element geochemical data to refine the controls on higher-grade mineralization.
100% Drill Success Rate Continues at Chicken Mountain:
- All 206 holes drilled to date at Chicken Mountain have intersected gold mineralization, demonstrating the widespread distribution of gold across the system.
- Of these holes, 127 (over 60%) ended in mineralization, providing numerous opportunities for follow-up drilling below current hole depths.
Chicken Mountain Growth Potential Still Remains Largely Untested:
- Gold-in-soil anomaly, based on historical data, extends 4.0 km in length and up to 1.0 km in width.
- Mapped monzonitic gold intrusive host rock complex measures approximately 4.5 km x 3.0 km, with a larger geophysical intrusive footprint of 6.5 km x 6.0 km.
- More than 90% of the mapped intrusion complex remains untested by drilling.
- The currently defined mineralized area (3.3 km strike x up to 700 m width x 300 m depth) remains open in all directions.
Near-Term Catalysts:
- Substantial Assay Pipeline: Assays are pending for 97 additional drill holes currently in the laboratory queue, representing nearly 18,000 m of the 2026 drill program. The majority of these holes are targeting resource delineation and infill drilling in support of the maiden MRE.
- Drilling Continues: Five drill rigs remain active at Flat and are expected to operate through the end of the field season in late October, supporting a steady flow of assay results through year-end.
- Regional Surface Exploration: Results from the regional soil-sampling program are pending and will help refine and prioritize exploration targets beyond the current drilled footprint.
- Heap Leach Column Testwork: Results are pending from column-leach tests evaluating multiple crush sizes, including material crushed to two inches.
- Completion of the maiden MRE is targeted for Q1 2027.

Maps and Multimedia

Tony Reda, Co-Founder, President & CEO, commented:

“Drilling at Chicken Mountain continues to answer the questions that matter at this stage: does the mineralization continue at depth, does the footprint keep growing and can higher grades recur within the broader system? These first 2026 results provide encouraging evidence on all three fronts.

“Every one of the 206 holes reported to date at Chicken Mountain has intersected gold, and over 60% have ended in mineralization. We are combining disciplined resource-delineation drilling with structural interpretation, geochemistry, environmental baseline work and geotechnical studies to evaluate Chicken Mountain’s potential as a large-scale, open-pit, heap-leach gold opportunity while substantial exploration upside remains across Flat and its other intrusion targets.”

Figure 1: Simplified regional geology map of the Flat Gold Project and map of the Chicken Mountain intrusion drilling area, highlighting the six identified higher-grade corridors.

Simplified regional geology map of the Flat Gold Project and map of the Chicken Mountain intrusion drilling area, highlighting the six identified higher-grade corridors.

Chicken Mountain: In Pursuit of a Heap-Leachable Bulk-Tonnage Mining Opportunity

Chicken Mountain is interpreted as a RIRGS, hosted by a monzonitic intrusive complex. Gold mineralization occurs in sericite-altered and variably oxidized monzonite containing sheeted, millimetre- to centimetre-scale quartz to quartz-carbonate veinlets. Drilling has outlined a mineralized footprint extending 3.3 km along strike, up to 700 m wide and to 300 m vertical depth (see Figure 2). Mineralization remains open in all directions.

Tectonic is using oriented-core structural measurements, alteration and vein-density observations, and multi-element geochemistry to refine the geological model, define the controls on higher-grade mineralization and prioritize follow-up drilling. This integrated work is intended to improve confidence in the geometry and grade distribution of the broader mineralized envelope and its internal higher-grade corridors.

The 15 holes reported in this release represent 2,276 m of step-out and early-stage resource-delineation drilling at Chicken Mountain. Assays remain pending from 97 additional drill holes representing nearly 18,000 m of 2026 drilling. Results from regional soil sampling are also pending and will be used to refine targets beyond the current drilled footprint. Environmental baseline, geochemical and geotechnical programs are advancing in parallel as the Company works toward its maiden MRE targeted for Q1 2027.

Figure 2: Chicken Mountain plan view and long section showing the mineralized drill results, 3.3 km drilled strike extent and gold-in-soil anomalism.

Chicken Mountain plan view and long section showing the mineralized drill results, 3.3 km drilled strike extent and gold-in-soil anomalism.

Figure 3: Chicken Mountain drill plan highlighting three of the six interpreted higher-grade corridors.

Figure 4: Cross section L1-L1′, looking north, showing CMD26-036 and mineralization across a 500 m-wide section.

Table 1 – 2026 Chicken Mountain Diamond Drill Hole Assay Results

Hole ID		From (m)	To (m)	Length (m)	Au (g/t)
CMD26-036		20.00	24.50	4.50	0.24
Total Depth = 388.16 m		35.00	39.50	4.50	0.52
End in Min: Yes
		77.00	84.50	7.50	0.09

		89.00	90.50	1.50	0.59

		105.50	125.00	19.50	0.36
	including	108.50	119.00	10.50	0.53

		137.00	143.00	6.00	1.71
	including	141.50	143.00	1.50	4.25

		150.50	178.50	28.00	0.43
	including	150.50	152.00	1.50	2.41
	and including	177.00	178.50	1.50	1.85

		183.00	213.00	30.00	1.40
	including	183.00	187.50	4.50	4.58
	and including	193.50	202.50	9.00	1.77

		219.00	238.50	19.50	0.42
	including	219.00	223.50	4.50	1.49

		243.00	265.50	22.50	0.22

		270.00	388.16	118.16	0.51
	including	270.00	289.50	19.50	0.93
	with	273.00	288.00	15.00	1.03
	and including	306.00	319.50	13.50	0.43
	with	310.50	315.00	4.50	0.67
	and including	328.50	336.00	7.50	1.42
	with	328.50	331.50	3.00	2.79
	and including	357.00	388.16	31.16	0.56
	with	364.50	367.50	3.00	1.40
	and with	376.50	378.00	1.50	3.41

Note: All reported intercepts are reported as downhole lengths, as insufficient data exists to determine true widths. Select composites utilizing 0.10, 0.30 or 0.50 g/t Au cut-offs, with a maximum 3.2 m continuous (two sample) below the cut-off inclusion.

Table 2 – 2026 Chicken Mountain RC Hole Assay Results

Hole ID		From (m)	To (m)	Length (m)	Au (g/t)
CMR26-127		7.62	18.29	10.67	0.96
TD = 144.78 m	including	7.62	9.14	1.52	5.89
End in Min: Yes
		22.86	24.38	1.52	1.40

		32.00	67.06	35.05	0.24
	including	32.00	39.62	7.62	0.63
	with	32.00	33.53	1.52	2.28

		100.58	105.16	4.57	0.15

		117.35	126.49	9.14	0.54
	including	117.35	124.97	7.62	0.63
	with	117.35	118.87	1.52	2.26

		141.73	144.78	3.05	0.12

CMR26-128		9.14	13.72	4.57	0.10
TD = 111.25 m
End in Min: Yes		18.29	24.38	6.10	0.16

		35.05	42.67	7.62	0.14
	including	41.15	42.67	1.52	0.45

		59.44	82.30	22.86	0.71
	and including	77.72	79.25	1.52	6.79

		89.92	111.25	21.34	0.14

CMR26-129		7.62	9.14	1.52	1.35
TD = 169.16 m
End in Min: Yes		39.62	42.67	3.05	0.46

		85.34	94.49	9.14	0.15

		105.16	111.25	6.10	0.09

		123.44	131.06	7.62	0.18

		135.64	141.73	6.10	0.10

		166.12	169.16	3.05	0.68
	including	166.12	167.64	1.52	1.25

CMR26-130		9.14	13.72	4.57	0.39
TD = 147.83 m	including	12.19	13.72	1.52	0.88
End in Min: Yes
		36.58	41.15	4.57	0.30

		67.06	73.15	6.10	0.12

		79.25	83.82	4.57	0.15

		88.39	91.44	3.05	0.12

		106.68	109.73	3.05	0.13

		121.92	140.21	18.29	0.21
	including	123.44	129.54	6.10	0.41

CMR26-131		0.00	19.81	19.81	0.15
TD = 111.25 m	including	9.14	10.67	1.52	0.56
End in Min: Yes
		45.72	47.24	1.52	0.56

		70.10	73.15	3.05	0.24

		88.39	111.25	22.86	0.38
	including	88.39	102.11	13.72	0.43
	with	88.39	89.92	1.52	2.98
	including	108.20	111.25	3.05	0.53

CMR26-132		1.52	7.62	6.10	1.10
TD = 111.25 m	including	3.05	7.62	4.57	1.41
End in Min: No
		16.76	22.86	6.10	0.36

		28.96	44.20	15.24	0.18
	including	32.00	36.58	4.57	0.31

		60.96	67.06	6.10	0.21
	including	65.53	67.06	1.52	0.50

CMR26-133		4.57	6.10	1.52	0.38
TD = 164.59 m
End in Min: Yes		18.29	19.81	1.52	0.42

		33.53	36.58	3.05	0.20

		70.10	77.72	7.62	0.15

		86.87	94.49	7.62	0.11

		106.68	112.78	6.10	0.24

		118.87	124.97	6.10	0.10

		129.54	158.50	28.96	0.17

CMR26-134		38.10	44.20	6.10	0.16
TD = 94.49 m
End in Min: No		70.10	73.15	3.05	0.10

		80.77	85.34	4.57	0.08

		89.92	94.49	4.57	0.13

CMR26-135		25.91	28.96	3.05	0.12
TD = 128.02 m
End in Min: Yes		38.10	51.82	13.72	0.10

		60.96	70.10	9.14	0.15

		99.06	106.68	7.62	0.15

		114.30	128.02	13.72	0.20
	including	120.40	121.92	1.52	0.87

CMR26-136		10.67	15.24	4.57	0.38
TD =1 21.92 m
End in Min: No		65.53	88.39	22.86	0.19
	including	82.30	83.82	1.52	0.45

		92.96	120.40	27.43	0.20
	including	96.01	97.54	1.52	0.75
	and including	108.20	109.73	1.52	0.55
	and including	118.87	120.40	1.52	0.57

CMR26-137		0.00	9.14	9.14	0.13
TD = 149.35 m
End in Min: No		39.62	99.06	59.44	0.16
	including	57.91	62.48	4.57	0.40

		105.16	114.30	9.14	0.41
	including	111.25	112.78	1.52	2.01

		132.59	135.64	3.05	0.66

		140.21	146.30	6.10	0.11

CMR26-138		3.05	16.76	13.72	0.10
TD = 118.87 m
End in Min: Yes		21.34	27.43	6.10	0.25
	including	21.34	22.86	1.52	0.68

		36.58	60.96	24.38	0.14
	including	59.44	60.96	1.52	0.66

		67.06	79.25	12.19	0.21
	including	68.58	70.10	1.52	0.63

		85.34	102.11	16.76	0.20
	including	92.96	94.49	1.52	0.66

CMR26-141		35.05	39.62	4.57	0.18
TD = 172.21 m
End in Min: Yes		48.77	50.29	1.52	0.55

		54.86	118.87	64.01	0.17
	including	83.82	85.34	1.52	0.86

		123.44	131.06	7.62	0.12

		137.16	140.21	3.05	0.42

		144.78	170.69	25.91	0.31
	including	152.40	156.97	4.57	0.81
	and including	163.07	166.12	3.05	0.66

CMR26-142		21.34	38.10	16.76	0.15
TD = 143.26 m	including	27.43	33.53	6.10	0.23
End in Min: No
		64.01	76.20	12.19	0.14

		80.77	118.87	38.10	0.56
	including	99.06	103.63	4.57	3.06

Table 3 – Drill Hole Details at Chicken Mountain

Hole ID	Type	Azimuth (o)	Dip (o)	Length (m)	UTM E	UTM N	Prospect	Purpose
CMD26-036	DDH	120	-55	388.16	552387	6917005	Chicken Mountain	MRE
CMR26-127	RC	120	-55	144.78	552580	6916262	Chicken Mountain	MRE
CMR26-128	RC	120	-75	111.25	552579	6916262	Chicken Mountain	MRE
CMR26-129	RC	120	-55	169.16	552528	6916179	Chicken Mountain	MRE
CMR26-130	RC	120	-75	147.83	552527	6916179	Chicken Mountain	MRE
CMR26-131	RC	120	-55	111.25	552635	6916223	Chicken Mountain	MRE
CMR26-132	RC	120	-75	111.25	552635	6916224	Chicken Mountain	MRE
CMR26-133	RC	120	-55	164.59	552590	6916145	Chicken Mountain	MRE
CMR26-134	RC	120	-75	94.49	552589	6916145	Chicken Mountain	MRE
CMR26-135	RC	120	-55	128.02	552657	6916107	Chicken Mountain	MRE
CMR26-136	RC	120	-75	121.92	552657	6916107	Chicken Mountain	MRE
CMR26-137	RC	120	-55	149.35	552705	6916193	Chicken Mountain	MRE
CMR26-138	RC	120	-75	118.87	552705	6916193	Chicken Mountain	MRE
CMR26-141	RC	120	-55	172.21	552719	6916070	Chicken Mountain	MRE
CMR26-142	RC	120	-75	143.26	552718	6916071	Chicken Mountain	MRE

Qualified Person

Tectonic Metals’ disclosure of technical or scientific information in this press release has been reviewed, verified and approved by Peter Kleespies, M.Sc., P.Geo., Chief Geological Officer, who is a Qualified Person in accordance with Canadian regulatory requirements set out in National Instrument 43-101.

Analytical work for the 2026 Flat project drilling program was performed by ALS Global (“ALS”), an internationally recognized and accredited laboratory independent of Tectonic. On-site, core and reverse circulation samples were sealed in security-tagged bags and shipped under strict chain-of-custody protocols to the Lynden Transport logistics operator in Anchorage, Alaska, for delivery to ALS facilities in Vancouver, British Columbia.

Upon arrival at the laboratory, samples were dried, crushed to 2 mm and riffle split into nominal 500-gram subsample aliquots (prep codes CRU-31, SPL-32a). One portion was analyzed for gold using PhotonAssay™ (ALS code Au-PA01). PhotonAssay™ uses high-energy X-rays to determine gold content from a large sample aliquot, typically 500 g of crushed material. The method is non-destructive and is particularly suited to gold systems where larger sample aliquots may improve representativity. If additional nominal 500-gram PhotonAssay^TM analysis splits are conducted for a given sample, results from all splits are combined on a weight average basis. A second portion was pulverized such that 85% of the sample passed 75 µm, (PUL-31) and was analyzed by four-acid digestion with ICP-MS finish for 48 elements (ME-MS61), along with aqua regia digestion with ICP-MS finish for trace levels of mercury (Hg-MS42).

Quality assurance and quality control (QA/QC) protocols included the insertion of certified reference material every 20 samples, blank samples at rate of every 25 samples and field duplicate samples (split from the original 1.5 m for RC or 1.5 m for core intervals) every 25 samples. All QA/QC results returned values within acceptable limits.

About Tectonic Metals Inc.

Tectonic Metals Inc. is a mineral exploration company led by an experienced and well-respected technical and financial team with a track record of wealth creation for shareholders. The Company is focused on exploring and developing its flagship Flat Gold Project in southwestern Alaska, covering 99,840 acres of predominantly Native-owned land belonging to Doyon, Ltd., a leading Alaska Native Regional Corporation and one of Tectonic’s largest shareholders. The current focus is on advancing the Chicken Mountain target, one of six multi-kilometre-scale intrusion zones at the Flat Gold Project, where drilling has achieved a 100% success rate across 206 holes to date.

Founded by key members of the Kaminak Gold team behind the discovery and advancement of the Coffee Gold Project, which was acquired by Goldcorp for $520 million in 2016, Tectonic brings a proven track record in exploration, project advancement, capital markets and value creation. Collectively, the team has helped identify more than 30 million ounces of gold, advanced 18 projects through to feasibility, permitted 20 projects, completed over $3 billion in mergers and acquisitions and raised more than $2 billion in capital.

Tectonic’s mission is to be a shift in the game: working for our shareholders and the communities where we operate, putting people first, playing big and staying true to our word every step of the way.

On behalf of Tectonic Metals Inc.,
Tony Reda, President and Chief Executive Officer

For further information about Tectonic Metals Inc. or this news release, please visit our website at www.tectonicmetals.com or contact: Keren Yun, Vice President, Investor Relations,
1-888-685-8558 or [email protected].

Cautionary Note Regarding Forward-Looking Statements, Historical Information and Visual Observations

This news release contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements herein that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often, but not always, identified by words such as “may,” “will,” “should,” “anticipate,” “believe,” “expect,” “intend,” “plan,” “estimate,” “potential,” “target,” or similar terminology, or that events or conditions “may” or “will” occur.

Forward-looking statements in this release include, but are not limited to, statements regarding: the potential for mineralization at Tectonic’s projects; the nature, scope, and timing of future exploration activities; the interpretation of geological observations; the possible size or scale of mineralized systems; the receipt of regulatory approvals, and the anticipated benefits of current and future exploration programs.

This release also refers to historical information, including results from past exploration activities and placer production figures. Such historical information has not been independently verified by Tectonic, may not be reliable, and should not be relied upon as current, NI 43-101 compliant data.

In addition, this release contains, detailed geological notes, and descriptive observations such as alteration styles, mineralogy and visible gold. These observations are preliminary in nature, may not be representative of the entire interval or system, and should not be relied upon as a guarantee of mineralized assay results or as the basis for any investment decision. Investors and readers are cautioned that visual estimates, core photographs, and geological descriptions are not substitutes for laboratory assay results and do not demonstrate the economic viability of any mineral deposit.

Forward-looking statements are not guarantees of future performance. They are based on a number of assumptions made as of the date such statements are provided, including, among others: assumptions regarding future gold and other metal prices; currency exchange and interest rates; favourable operating and political conditions; timely receipt of permits and regulatory approvals; availability of labour, equipment, and services; stability of financial and capital markets; availability of financing on acceptable terms; accuracy of exploration data and geological models; and the ability to successfully advance planned exploration programs. Many of these assumptions are beyond the control of Tectonic and may prove to be incorrect.

Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. These risks include, without limitation: risks inherent to mineral exploration and development; volatility of commodity prices; changes in laws, regulations, and policies; delays or inability to obtain required approvals and permits; availability of financing; general economic, political, and market conditions; labour disputes and shortages; equipment and supply risks; environmental and social risks; competition; inaccuracies in exploration results or geological interpretations; and other risks detailed from time to time in the Company’s continuous disclosure filings.

Although management believes the expectations expressed in such forward-looking statements are reasonable as of the date made, there can be no assurance they will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements, historical information, or preliminary visual geological observations. Actual results and future events may differ materially from those anticipated. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Tectonic disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

¹ All intervals are downhole lengths; true widths are unknown. Highlighted intervals above are selected results. Complete reported composites for all 15 holes are provided in Tables 1 and 2.
² January 22, 2026 News Release: Tectonic Metals Drills 9.94 g/t Au Over 36.58 Metres Including 15.73 g/t Au Over 22.86 Metres with 104.23 g/t Au Over 3.05 Metres at Chicken Mountain, Flat Gold Project

Release – Codere Online Becomes Official Betting Partner of the NFL in Mexico

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market data on CDRO

09/10/2026

Download(opens in new window)

Multi-year agreement aligns Codere Online with one of the world’s most valuable and recognized sports brands

Mexico City, Mexico, September 10, 2026 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming and sports betting operator in Spain and Latin America, today announced a landmark multi-year agreement with the National Football League (NFL) in Mexico.

By joining forces with one of the world’s most iconic, valuable and widely recognized sports brands, Codere Online reinforces its premium positioning and continues its strategy of building long-term associations with world-class sports properties. The agreement also marks an important new chapter in the Company’s commitment to sports and entertainment in Mexico, one of its largest and most strategically important markets.

Under the agreement, Codere Online will become:

Official Betting Partner of the NFL in Mexico
Official Partner of Super Bowl LXI
Official Partner of the NFL Mexico Game
Official Sports Betting Sponsor

The partnership places Codere Online alongside one of the most influential brands in global sports and reinforces the Company’s ambition to remain associated with properties of the highest international profile. With a powerful year-round platform, a highly engaged fan community and some of the world’s most prominent sporting events, the NFL provides Codere Online with a unique opportunity to strengthen brand visibility, deepen customer engagement and deliver premium entertainment experiences in Mexico.

The agreement also demonstrates the continuity of Codere Online’s strategy of partnering with elite sports organizations that combine global recognition with strong local relevance. Mexico is one of the NFL’s most passionate international markets and a core market for Codere Online, making the partnership a natural fit between two established brands with a shared focus on innovation, entertainment and memorable fan experiences.

As part of the partnership, Codere Online will serve as a sponsor of the 2026 NFL Mexico City Game, the regular season matchup scheduled to take place in Mexico City on November 22, 2026, between the San Francisco 49ers and the Minnesota Vikings. The Company will also be an official sponsor of the Super Bowl, which will be held in Los Angeles in February 2027.

The multi-year agreement will create a broad platform for fan engagement, including hospitality programs, VIP experiences, activations across multiple cities in Mexico and official NFL merchandise opportunities. These initiatives will enable Codere Online to connect its customers with one of the most prominent properties in global sports and bring fans closer to the game through exclusive and memorable experiences.

Carlos Sabanza, Director of Sponsorships and Public Relations at Codere Online, said: “ Partnering with the NFL, one of the most iconic and influential brands in global sports, represents an important milestone for Codere Online and reinforces our ambition to remain associated with world-class sports properties. This agreement strengthens our premium positioning while underlining our long-term commitment to Mexico, a market with an extraordinary passion for the NFL. Together, we look forward to creating distinctive experiences that bring fans closer to the game and further enhance our sports betting and entertainment offering.”

Arturo Olivé, Managing Director of NFL Mexico, said: “Mexico is one of the NFL’s most vibrant and important international markets, with millions of passionate fans engaging with our game year-round. We are pleased to welcome Codere Online, one of Mexico’s most established and recognized online gaming and sports betting operators, as a partner. Together, we will elevate the fan experience through innovative activations, exclusive opportunities and unique moments that bring supporters closer to the NFL.”

The collaboration will bring fans NFL-related content and experiences in accordance with standards of responsible gaming, integrity, and regulatory compliance.

For Codere Online, the partnership represents a defining milestone in its growth strategy and the next chapter in its long-standing association with elite international sports. By aligning with one of the world’s most valuable and recognizable sports brands, the Company maintains its premium brand positioning while gaining a powerful platform that combines global scale, year-round relevance and exceptional resonance with Mexican audiences.

The agreement further strengthens Codere Online’s position as a leading online gaming and sports betting operator and expands its ability to offer customers premium experiences around the 2026 NFL Mexico City Game, Super Bowl LXI and the wider NFL season.

About Codere Online

Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online, launched in 2014 as part of the renowned casino operator Codere Group, offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere Online currently operates in its core markets of Spain, Mexico, Colombia, Panama and Argentina; this online business is complemented by Codere Group’s physical presence in Spain and throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence.

About Codere Group
Codere Group is a multinational group dedicated to entertainment and leisure. It is a leading player in the private gaming industry, with four decades of experience and with presence in seven countries in Europe (Spain and Italy) and Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay).

Contacts:

Investors and Media
Guillermo Lancha
Director, Investor Relations and Communications
[email protected]
(+34) 628.928.152

About NFL Mexico

NFL Mexico is the local representation of the National Football League, the professional American football league of the United States. With more than 110 years of history in the country, Mexico is one of the NFL’s most important markets outside the United States, and the league established its local office in 1998.

Through the NFL’s Global Markets Program, 10 teams hold marketing rights in Mexico: ARI, DAL, DEN, HOU, KC, LV, LAR, MIA, PIT, and SF. These rights support a wide range of partnerships with media outlets and brands that continue to strengthen the league’s presence and expand its fan base throughout the country.

The return of NFL regular-season games to Mexico adds to the league’s history at Estadio Banorte, which has hosted five NFL regular-season games, previously played in 2005, 2016, 2017, 2019, and 2022.

For more information, visit:

Contacts

Paulette Olivera
Account Manager, Consumer Engagement & Influence, Burson Mexico
[email protected] | +52 55 8485 8122

Adrian Godoy
International Communications Manager, NFL
[email protected] | +1 917 751 4295

Source: Codere Online Luxembourg, S.A.

Release – MAIA Biotechnology Delivers Oral and Poster Presentations Showcasing Next-Generation Telomere-Targeting Cancer Therapies at IRT 2026

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on MAIA

September 10, 2026 8:15am EDT Download as PDF

Next-generation divalent agents show increased anticancer activity in preclinical in vitro and in vivo models

CHICAGO, Sept. 10, 2026 (GLOBE NEWSWIRE) — MAIA Biotechnology, Inc. (NYSE American: MAIA) (“MAIA”, the “Company”), a clinical-stage biopharmaceutical company focused on developing immunotherapies for cancer, today announced its presentation of a poster featuring its second-generation telomere-targeting anticancer drug candidates at the recent XXVI International Round Table on Nucleosides, Nucleotides and Nucleic Acids (IRT 2026) held in Barcelona, Spain.

MAIA’s lead drug candidate, ateganosine, is a first-in-class telomere-targeting therapy designed to selectively damage cancer-cell telomeres while activating the body’s antitumor immune response. The poster and oral presentations highlighted both ateganosine’s novel mechanism of action and MAIA’s next-generation divalent telomere-targeting drug candidates, which combine ateganosine with a complementary DNA-targeting agent in a single prodrug molecule. These next-generation candidates are designed to attack tumors through multiple mechanisms, with the goal of delivering greater efficacy than ateganosine alone.

“Our presentations at IRT 2026 reflect the continued scientific progress of our telomere-targeting platform and significant scientific interest in our research,” said Vlad Vitoc, M.D., Founder and CEO of MAIA. “Our next-generation program is designed to expand the therapeutic potential and versatility of our science and support our long-term strategy of developing differentiated therapies that address significant unmet medical needs.”

“It was an honor to participate at IRT 2026, where we shared how we are advancing our telomere-targeting platform with next-generation prodrug molecules designed to enhance antitumor activity,” said Sergei Gryaznov, Ph.D., Chief Scientific Officer of MAIA. “By evaluating multiple molecular designs in complementary cell-based studies and preclinical in vivo tumor models, we have identified structural features associated with the strongest antitumor activity. These findings are helping us optimize our next-generation therapies while further validating the potential of our platform to induce durable antitumor immune responses.”

“IRT 2026 provided an important opportunity to share the progress of our next-generation telomere-targeting programs with leading researchers in the field and to discuss how these advances could translate into new therapeutic approaches for cancer,” said Victor Zaporojan, M.D., Executive Medical Director of MAIA Biotechnology. “The data presented at the conference demonstrate the breadth of our platform beyond ateganosine and reinforce our strategy of developing increasingly potent and optimized molecules that leverage telomere biology to selectively target cancer cells. We believe this work further strengthens the scientific foundation for expanding MAIA’s pipeline across multiple tumor types.”

MAIA’s presentations:

Oral: “Novel Divalent Cancer RedOx Activatable Nucleoside Prodrugs as Potent Anticancer Modalities”
Poster: “New Telomere-Targeting Dual-Pharmacophore Dinucleotide Prodrugs for Anticancer Therapy”

MAIA was a sponsor of IRT 2026. MAIA’s IRT 2026 poster is available at maiabiotech.com/publications.

About Ateganosine
Ateganosine (THIO, 6-thio-dG or 6-thio-2’-deoxyguanosine) is a first-in-class investigational telomere-targeting agent currently in clinical development to evaluate its activity in non-small cell lung cancer (NSCLC). Telomeres, along with the enzyme telomerase, play a fundamental role in the survival of cancer cells and their resistance to current therapies. The modified nucleotide 6-thio-2’-deoxyguanosine induces telomerase-dependent telomeric DNA modification, DNA damage responses, and selective cancer cell death. Ateganosine-damaged telomeric fragments accumulate in cytosolic micronuclei and activates both innate (cGAS/STING) and adaptive (T-cell) immune responses. The sequential treatment of ateganosine followed by PD-(L)1 inhibitors resulted in profound and persistent tumor regression in advanced, in vivo cancer models by induction of cancer type–specific immune memory. Ateganosine is presently developed as a second or later line of treatment for NSCLC for patients that have progressed beyond the standard-of-care regimen of existing checkpoint inhibitors.

About MAIA Biotechnology, Inc.
MAIA is a targeted therapy, immuno-oncology company focused on the development and commercialization of potential first-in-class drugs with novel mechanisms of action that are intended to meaningfully improve and extend the lives of people with cancer. Our lead program is ateganosine (THIO), a potential first-in-class cancer telomere targeting agent in clinical development for the treatment of NSCLC patients with telomerase-positive cancer cells. For more information, please visit www.maiabiotech.com.

Forward Looking Statements
MAIA cautions that all statements, other than statements of historical facts contained in this press release, are forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels or activity, performance or achievements to be materially different from those anticipated by such statements. The use of words such as “may,” “might,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “future,” “potential,” or “continue,” and other similar expressions are intended to identify forward looking statements. However, the absence of these words does not mean that statements are not forward-looking. For example, all statements we make regarding (i) the initiation, timing, cost, progress and results of our preclinical and clinical studies and our research and development programs, (ii) our ability to advance product candidates into, and successfully complete, clinical studies, (iii) the timing or likelihood of regulatory filings and approvals, (iv) our ability to develop, manufacture and commercialize our product candidates and to improve the manufacturing process, (v) the rate and degree of market acceptance of our product candidates, (vi) the size and growth potential of the markets for our product candidates and our ability to serve those markets, and (vii) our expectations regarding our ability to obtain and maintain intellectual property protection for our product candidates, are forward looking. All forward-looking statements are based on current estimates, assumptions and expectations by our management that, although we believe to be reasonable, are inherently uncertain. Any forward-looking statement expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and are subject to risks and uncertainties and other factors beyond our control that may cause actual results to differ materially from those expressed in any forward-looking statement. Any forward-looking statement speaks only as of the date on which it was made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. In this release, unless the context requires otherwise, “MAIA,” “Company,” “we,” “our,” and “us” refers to MAIA Biotechnology, Inc. and its subsidiaries.

Investor Relations Contact
+1 (872) 270-3518
[email protected]

Source: MAIA Biotechnology, Inc.

Released September 10, 2026

Release – 1-800-FLOWERS.COM, Inc. Reports Fiscal 2026 Fourth Quarter and Year-End Results

Posted on September 10, 2026September 10, 2026 by [email protected]

Research News and Market Data on FLWS

Sep 10, 2026

Reports Fiscal Year 2026 Revenue of $1.50 billion, a Net Loss of $134.8 million, which includes a $45.2 million Non-Cash Goodwill and Intangible Impairment Charge, and Adjusted EBITDA¹ of $2.9 million

Company Amends Credit Agreement to Enhance Financial Flexibility and Evaluates a Range of Capital Raising Options to Optimize Capital Structure and Support Strategic Initiatives

Provides Outlook for Fiscal Year 2027

JERICHO, N.Y.–(BUSINESS WIRE)– 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2026 fourth quarter and year ended June 28, 2026.

“Fiscal 2026 was a year of meaningful progress as we strengthened the foundation of our business and positioned the Company for its next phase of transformation,” said Adolfo Villagomez, Chief Executive Officer of 1-800-Flowers.com. “We strengthened our leadership team, began to modernize our digital and marketing capabilities, simplified how we operate, and became a more customer-first, data-driven organization. As we enter fiscal 2027, accelerating the recovery of our revenue trends is our highest priority. We will continue building these capabilities while increasingly putting them to work to improve customer acquisition, engagement, and retention and to drive better business performance over time.”

“As part of our continued efforts to enhance our financial flexibility and support the ongoing transformation of the business, we recently amended our credit agreement to provide additional financial flexibility,” continued Mr. Villagomez. “We are also evaluating a range of options, including the sale of non-strategic assets and capital raising options, intended to optimize our capital structure and support investments in our transformation and drive future growth. While this work is underway, we remain focused on executing our fiscal 2027 priorities and improving the fundamental drivers of our business.”

Credit Agreement Amendment

The Company announced that it has amended its credit agreement to extend its existing covenant relief and provide the Company with additional flexibility to use a portion of the proceeds from potential asset sales to invest in strategic initiatives and support the ongoing transformation of the business. Additional information regarding the amendment can be found in the Company’s Form 8-K filed with the SEC on September 10, 2026.

Evaluation of Capital Raising Options

The Company is also evaluating a range of options intended to optimize its capital structure and provide additional capital to support investments in its transformation and drive future growth. The potential options may include, but are not limited to, one or more public or private debt or equity financings, potential divestitures of non-strategic assets, or other capital structure transactions. The Company has retained Guggenheim Securities, LLC as its financial advisor in connection with this evaluation. There can be no assurance that the evaluation will result in any transaction or outcome or, if one or more transactions ensue, what the terms of any such transaction might be. The Company is in the early stages of the evaluation and will not comment further during the process.

Fiscal 2026 Fourth Quarter Performance

Total consolidated revenues decreased 12.9% to $293.1 million, compared with the prior year period, primarily reflecting a strategic shift to improve marketing effectiveness and profitability. Consumer Floral & Gifts revenues declined 13.4%, Gourmet Foods & Gift Baskets revenues, which were impacted by the timing of Easter, declined 15.4%, while BloomNet revenues increased 1.9%.
Gross profit margin decreased 80 basis points to 34.7%, compared with 35.5% in the prior year period, primarily due to deleveraging on the sales decline, higher commodity costs and inventory reserves, partially offset by the Company’s cost reduction and operational efficiency initiatives, along with an approximately $7 million benefit related to tariff refunds.
Operating expenses decreased $16.7 million year-to-year to $158.2 million. Excluding non-recurring charges and the impact of the Company’s non-qualified deferred compensation plan in both periods, operating expenses decreased $8.9 million as compared with the prior year to $150.8 million, primarily due to lower marketing and labor costs.
Net loss for the quarter was $52.3 million, or $(0.82) per diluted share, as compared to a net loss of $(51.9) million, or $(0.82) per share, in the prior year period.
Adjusted net loss¹ was $(51.6) million, or $(0.80) per diluted share, compared with an Adjusted net loss¹ of $(43.8) million, or $(0.69) per share, in the prior year period.
Adjusted EBITDA¹ loss for the quarter was $(31.0) million, compared with Adjusted EBITDA¹ loss of $(24.2) million in the prior year period.

(1)

Refer to “Definitions of Non-GAAP Financial Measures” and the tables attached at the end of this press release for reconciliation of non-GAAP results to applicable GAAP results.

Fiscal Year 2026 Performance

Total consolidated revenues decreased 10.8% to $1.50 billion, compared with total consolidated revenues of $1.69 billion in the prior year period.
Gross profit margin decreased 70 basis points to 38.0%, compared with 38.7% in the prior year period, primarily due to deleveraging on the sales decline, higher commodity costs and inventory reserves, partially offset by the Company’s cost reduction and operational efficiency initiatives. Excluding the impact of non-recurring charges in the year ago period, gross profit margin decreased 110 basis points as compared with the prior year period.
Operating expenses decreased $158.6 million to $698.5 million, as compared with the prior year period. Excluding non-recurring charges and the impact of the Company’s non-qualified deferred compensation plan in both periods, operating expenses decreased by $62.0 million to $633.3 million, as compared with the prior year.
Net loss for the fiscal year was $(134.8) million or $(2.11), per diluted share, which includes a $45.2 million non-cash goodwill and intangible impairment charge, compared with a net loss of $(200.0) million, or $(3.13) per diluted share, in the prior year period, which included a non-cash goodwill and intangible impairment charge of $143.8 million.
Adjusted net loss¹ was $(77.5) million, or $(1.21) per diluted share, compared with Adjusted net loss¹ of $(52.5) million, or $(0.82) per diluted share, in the prior year period.
Adjusted EBITDA¹ for the fiscal year was $2.9 million, as compared with $29.2 million in the prior year period.

Segment Results

The Company provides Fiscal 2026 fourth quarter and full year selected financial results for its Gourmet Foods & Gift Baskets, Consumer Floral & Gifts, and BloomNet® segments in the tables attached to this release and as follows:

Gourmet Foods & Gift Baskets: For the quarter, revenues decreased 15.4% to $85.8 million, as compared with the prior year period. Gross profit margin decreased 830 basis points from the prior year period to 17.7% due to deleveraging on the sales decline and increased tariff, commodity and shipping costs. The segment contribution margin¹loss was $23.4 million, compared with segment contribution margin loss of $19.0 million in the prior year period, excluding severance costs.

For the full fiscal year, revenue decreased 5.2% to $768.5 million. Gross profit margin decreased 130 basis points to 35.5%. Excluding non-recurring costs in both years, segment contribution margin¹ for the year was $52.7 million, compared with $58.8 million in the prior year.

Consumer Floral & Gifts: For the quarter, revenues decreased 13.4% to $182.8 million, as compared with the prior year period. Gross profit margin increased 220 basis points from the prior year period to 40.7% on lower commodity and shipping costs. The segment contribution margin¹ was $17.1 million, compared with $17.4 million in the prior year period, excluding severance and impairment costs.

For the full fiscal year, revenues decreased 17.7% to $638.9 million, as compared with the prior year period. Gross profit margin increased 10 basis points from the prior year period to 39.4%. Excluding the non-recurring costs in both years, segment contribution margin was $48.6 million, compared with $50.5 million in the prior year.

BloomNet: For the quarter, revenues increased 1.9% to $24.7 million, as compared with the prior year period. Gross profit margin increased 190 basis points from the prior year period to 48.8%. The segment contribution margin¹ was $7.4 million, compared with $6.5 million in the prior year period, excluding severance costs.

For the full fiscal year, revenues decreased 1.9% to $96.8 million, as compared with the prior year period. Gross profit margin decreased 10 basis points from the prior year period to 48.4%. Excluding the impact of the severance charges, segment contribution margin¹ for the year was $27.2 million, compared with $29.3 million in the prior year.

Fiscal Year 2027 Outlook

During Fiscal 2027, the Company expects to continue reinvesting a significant portion of the cost savings achieved through its operational efficiency initiatives into strategic growth investments. These investments include further modernization of the Company’s marketing capabilities, continued development of its marketing technology platform, enhancements to its digital customer experience and personalization capabilities, and other initiatives designed to strengthen customer acquisition, engagement, and retention.

While the Company expects the benefits of these investments to build over multiple years, management believes Fiscal 2027 marks the next phase of its transformation. The Company will continue to build key capabilities while increasingly leveraging the investments made during Fiscal 2026 to improve operating performance and create sustainable long-term value.

For Fiscal 2027, the Company expects net revenues to decline in the mid-single digit range compared with Fiscal 2026. The Company expects Fiscal 2027 adjusted EBITDA of $10 million to $15 million, which includes approximately $12 million of additional compensation expense versus Fiscal 2026.

Conference Call

The Company will conduct a conference call to discuss its financial results today, September 10, 2026, at 8:00 a.m. (ET). The conference call will be webcast from the Investors section of the Company’s website at www.1800flowersinc.com. A recording of the call will be posted on the Investors section of the Company’s website within two hours of the call’s completion.

Definitions of Non-GAAP Financial Measures:

We sometimes use financial measures derived from consolidated financial information, but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Certain of these are considered “Non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. Non-GAAP financial measures referred to in this document are either labeled as “Non-GAAP,” “adjusted” or designated as such with a “1”. See below for definitions and the reasons why we use these non-GAAP financial measures. Where applicable, see the Selected Financial Information below for reconciliations of these non-GAAP measures to their most directly comparable GAAP financial measures. Reconciliations for forward-looking figures would require unreasonable efforts at this time because of the uncertainty and variability of the nature and amount of certain components of various necessary GAAP components, including, for example, those related to compensation, tax items, amortization or others that may arise during the year, and the Company’s management believes such reconciliations would imply a degree of precision that would be confusing or misleading to investors. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The lack of such reconciling information should be considered when assessing the impact of such disclosures.

EBITDA and Adjusted EBITDA:

We define EBITDA as net income (loss) before interest, taxes, depreciation, and amortization. Adjusted EBITDA is defined as EBITDA adjusted for the impact of stock-based compensation, Non-Qualified Deferred Compensation Plan (“NQDC”) investment appreciation/depreciation, goodwill and intangible impairment and for certain items affecting period-to-period comparability. See Selected Financial Information for details on how EBITDA and Adjusted EBITDA were calculated for each period presented. The Company presents EBITDA and Adjusted EBITDA because it considers such information meaningful supplemental measures of its performance and believes such information is frequently used by the investment community in the evaluation of similarly situated companies. The Company uses EBITDA and Adjusted EBITDA as factors to determine the total amount of incentive compensation available to be awarded to executive officers and other employees. The Company’s credit agreement uses EBITDA and Adjusted EBITDA-related items to determine its interest rate and to measure compliance with certain covenants. EBITDA and Adjusted EBITDA are also used by the Company to evaluate and price potential acquisition candidates. EBITDA and Adjusted EBITDA have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Some of the limitations are: (a) EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, the Company’s working capital needs; (b) EBITDA and Adjusted EBITDA do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on the Company’s debts; and (c) although depreciation and amortization are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future and EBITDA does not reflect any cash requirements for such capital expenditures. EBITDA and Adjusted EBITDA should only be used on a supplemental basis combined with GAAP results when evaluating the Company’s performance.

Segment Contribution Margin and Adjusted Segment Contribution Margin:

We define Segment Contribution Margin as earnings before interest, taxes, depreciation, and amortization, before the allocation of corporate overhead expenses. Adjusted Segment Contribution Margin is defined as Segment Contribution Margin adjusted for certain items affecting period-to-period comparability. See Selected Financial Information for details on how Segment Contribution Margin and Adjusted Segment Contribution Margin were calculated for each period presented. When viewed together with our GAAP results, we believe Segment Contribution Margin and Adjusted Segment Contribution Margin provide management and users of the financial statements meaningful information about the performance of our business segments. Segment Contribution Margin and Adjusted Segment Contribution Margin are used in addition to and in conjunction with results presented in accordance with GAAP and should not be relied upon to the exclusion of GAAP financial measures. The material limitation associated with the use of Segment Contribution Margin and Adjusted Segment Contribution Margin is that they are an incomplete measure of profitability as they do not include all operating expenses or non-operating income and expenses. Management compensates for this limitation when using these measures by looking at other GAAP measures, such as Operating Income (Loss) and Net Income (Loss).

Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share:

We define Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share as Net Income (Loss) and Net Income (Loss) Per Common Share adjusted for certain items affecting period-to-period comparability. See Selected Financial Information below for details on how Adjusted Net Income (Loss) Per Common Share and Adjusted or Comparable Net Income (Loss) Per Common Share were calculated for each period presented. We believe that Adjusted Net Income (Loss) and Adjusted or Comparable Net Income (Loss) Per Common Share are meaningful measures because they increase the comparability of period-to-period results. Since these are not measures of performance calculated in accordance with GAAP, they should not be considered in isolation of, or as a substitute for, GAAP Net Income (Loss) and Net Income (Loss) Per Common Share, as indicators of operating performance and they may not be comparable to similarly titled measures employed by other companies.

Free Cash Flow:

We define Free Cash Flow as net cash provided by (used in) operating activities less capital expenditures. The Company considers Free Cash Flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business after the purchases of fixed assets, which can then be used to, among other things, invest in the Company’s business, make strategic acquisitions, strengthen the balance sheet, and repurchase stock or retire debt. Free Cash Flow is a liquidity measure that is frequently used by the investment community in the evaluation of similarly situated companies. Since Free Cash Flow is not a measure of performance calculated in accordance with GAAP, it should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. A limitation of the utility of Free Cash Flow as a measure of financial performance is that it does not represent the total increase or decrease in the Company’s cash balance for the period.

About 1-800-FLOWERS.COM, Inc.

1-800-FLOWERS.COM, Inc. is a leading provider of thoughtful expressions designed to help inspire customers to give more, connect more, and build more and better relationships. The Company’s e-commerce business platform features an all-star family of brands, including: 1-800-Flowers.com®, 1-800-Baskets.com®, Card Isle®, Cheryl’s Cookies®, Harry & David®, PersonalizationMall.com®, Shari’s Berries®, FruitBouquets.com®, Things Remembered®, Moose Munch®, The Popcorn Factory®, Wolferman’s Bakery®, Vital Choice®, Simply Chocolate® and Scharffen Berger®. Through the Celebrations Passport® loyalty program, which provides members with free standard shipping and no service charge on eligible products across our portfolio of brands, 1-800-FLOWERS.COM, Inc. strives to deepen relationships with customers. The Company also operates BloomNet®, an international floral and gift industry service provider offering a broad-range of products and services designed to help its members grow their businesses profitably; Napco℠, a resource for floral gifts and seasonal décor; and DesignPac®, a manufacturer of gift baskets and towers. 1-800-FLOWERS.COM, Inc. was recognized among America’s Most Trustworthy Companies by Newsweek for 2024. 1-800-FLOWERS.COM, Inc. was also recognized as one of America’s Most Admired Workplaces for 2025 by Newsweek and was named to the Fortune 1000 list in 2022. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS. For more information, visit 1800flowersinc.com.

FLWS-COMP

FLWS-FN

Special Note Regarding Forward Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company’s current expectations or forecasts concerning future events; they do not relate strictly to historical or current facts. Such statements can generally be identified by words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “foresee,” “forecast,” “likely,” “should,” “will,” “target,” or similar words or phrases. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, but not limited to, statements relating to future actions; the Company’s ability to leverage its operating platform and reduce its operating expense ratio; its ability to successfully integrate acquired businesses and assets; its ability to successfully execute its strategic priorities; its ability to cost effectively acquire and retain customers and drive purchase frequency; the outcome of contingencies, including legal proceedings in the normal course of business; its ability to compete against existing and new competitors; its ability to manage expenses associated with sales and marketing and necessary general and administrative and technology investments; its ability to reduce promotional activities and achieve more efficient marketing programs; and general consumer sentiment and industry and economic conditions that may affect levels of discretionary customer purchases of the Company’s products. The Company cannot guarantee that any forward-looking statement will be realized. Achievement of future results is subject to risk, uncertainties and potentially inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could differ materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements. The Company undertakes no obligation to publicly update any of the forward-looking statements, whether because of new information, future events or otherwise, made in this release or in any of its SEC filings. Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties. For a more detailed description of these and other risk factors, refer to the Company’s SEC filings, including the Company’s Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q.

View full release here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260910833518/en/

Investor Contact:

Andy Milevoj

[email protected]

Media Contact:

[email protected]

Source: 1-800-FLOWERS.COM, Inc.

Release – T3 Defense Targets Accelerating European Demand for Air Defense Ground-System Components

Posted on September 9, 2026September 9, 2026 by [email protected]

Research News and Market Data on DFNS

Recent European air-defense procurement, localization and operational initiatives, including a reported Iron Dome ground-system manufacturing program in Germany, underscore growing requirements for launcher, mobility, power-generation, command-and-control and related mission-critical hardware categories served by T3 Defense subsidiaries.

September 08, 2026 09:20 ET | Source: T3 Defense Inc.

NEW YORK and NETANYA, Israel, Sept. 08, 2026 (GLOBE NEWSWIRE) — T3 Defense Inc. (Nasdaq: DFNS) (“T3 Defense” or the “Company”), a defense company that acquires and operates mission-critical defense businesses involved in national security programs, today highlighted growing European demand for ground-segment subsystems used in layered air- and missile-defense architectures.

Recent defense developments in Europe underscore increased investment in integrated air- and missile-defense capabilities, including launcher systems, mobile platforms, power-generation equipment, command-and-control infrastructure and related support hardware. T3 Defense operating subsidiaries manufacture products serving these ground-segment categories, which are required to deploy, operate and sustain modern air-defense systems.

Recent developments include:

Manufacturing of ground-system components for Rafael’s Israeli-developed Iron Dome short-range air-defense system is expected to begin at Volkswagen’s former Osnabrück production site in Germany following the planned end of vehicle production in 2027. The initiative involves Rafael, the State of Lower Saxony and Munich-based investment firm Aurelius Capital, and is expected to include military vehicles, German power-generation units, launchers and related hardware, to support expanding German and European air-defense requirements.
A multi-layered air and missile defense agreement between Israel and Greece, at approximately $3.5 billion (≈€3 billion). The agreement covers short-, medium- and long-range interceptor layers, multi-mission radars, an integrated national command-and-control (C2) layer and a supplementary counter-drone package, with a reported local-industry participation component of roughly one quarter of program value. Greece is reportedly planning approximately €28 billion in defense modernization spending through 2036.
A live-fire trial in early September 2026 by the German Navy of an Israeli-developed ballistic missile system, launched from an operational German vessel configured with a command trailer and a launcher.

“Europe is investing in the infrastructure required to deploy, operate and sustain layered air- and missile-defense systems and interceptors,” said Menny Shalom, Chairman and Chief Executive Officer of T3 Defense. “These architectures depend on a range of ground-segment hardware, including launcher structures, command and control shelters, power-generation equipment, mobile platforms, masts, positioning systems and training and simulation equipment. These are the qualification-driven product categories in which our subsidiaries operate. We have deliberately assembled a portfolio in the qualification-driven sub-system categories that every layered air defense and counter-drone program consumes, and we are well positioned to pursue related opportunities and convert those into customer programs and orders.”

About T3 Defense Inc.

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 European air and missile defense demand and procurement trends; the anticipated scope, timing, structure or localization of any European program or production activity; the categories of sub-systems such programs may consume; the potential for the Company or its subsidiaries to receive orders, qualify into supply chains, or generate revenue in Europe or elsewhere; the anticipated capabilities and availability of the platforms, products and services described herein; the potential expansion of previously disclosed orders, including the potential expansion of the Tiltan hardware-in-the-loop program; and the Company’s growth and acquisition 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: the absence of any order, contract or contractual relationship in connection with the European programs referenced herein; the risk that publicly reported third-party developments are inaccurate, incomplete, delayed, restructured or abandoned; reliance on information reported by third parties that the Company has not independently verified; local-content, offset, export-control, licensing and qualification requirements that may exclude the Company’s subsidiaries from European supply chains; customer qualification and testing cycles; defense program funding and procurement timing; dependence on government contracts and defense original equipment manufacturer relationships; manufacturing execution, capacity and supply-chain risks; customer concentration; the risk that backlog and pipeline do not convert into revenue; competitive and geopolitical conditions, including conditions in Israel and in Europe; the Company’s liquidity and capital resources; the Company’s ability to maintain compliance with Nasdaq listing requirements; the integration of acquired businesses; 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
[email protected]
www.t3dfns.com

Investor Relations
The Equity Group Inc.
Lena Cati
[email protected]
+1 212 836-9611

Val Ferraro
[email protected]
+1 212 836-9633

Release – GeoVax Welcomes Launch of Global Mpox Vaccine Stockpile, Highlights GEO-MVA Readiness to Support Diversified Global Supply

Posted on September 9, 2026September 9, 2026 by [email protected]

Research News and Market Data on GOVX

Gavi-funded, ICG-Coordinated Initiative Establishes Long-Term Infrastructure for Timely and Equitable Mpox Vaccine Access During Outbreaks

New Stockpile Framework Supports Sustainable Supply and Long-Term Global Preparedness

ATLANTA, GA – September 9, 2026 – GeoVax Labs, Inc. (Nasdaq: GOVX), a clinical-stage biotechnology company developing vaccines and immunotherapies against infectious diseases and cancers, today welcomed the launch of a new global mpox vaccine stockpile designed to provide countries with timely, equitable and sustainable access to vaccines during future outbreaks.

In a September 2 announcement, the World Health Organization (WHO) highlighted the initiative, which was launched on August 27 and is funded by Gavi (the Vaccine Alliance) and coordinated through the International Coordinating Group (ICG) on Vaccine Provision, whose partners include WHO, UNICEF, Médecins Sans Frontières (MSF) and the International Federation of Red Cross and Red Crescent Societies (IFRC). The stockpile is scheduled to begin operations later this month and establishes a long-term mechanism for global mpox vaccine access and outbreak response.

“Establishing a dedicated global mpox vaccine stockpile is an important step forward in moving from reactive outbreak response toward sustained preparedness,” said David A. Dodd, Chairman and Chief Executive Officer of GeoVax. “Equitable access requires more than having vaccines available after an outbreak begins. It requires durable procurement infrastructure, sufficient vaccine supply, and the ability to rapidly deliver vaccine protection where it is needed. We applaud WHO, Gavi and the ICG partners for establishing this important mechanism and look forward to engaging with global health partners as our mpox vaccine candidate, GEO-MVA, advances toward pivotal Phase 3 evaluation and potential future supply.”

The new stockpile builds upon the Access and Allocation Mechanism established during the 2024 mpox public health emergency and responds to persistent barriers to vaccine access experienced during recent outbreaks. WHO has identified securing a robust product mix of vaccines and supplies and supporting market-shaping efforts to promote longer-term sustainable access to mpox vaccines among the stockpile’s strategic objectives. These objectives underscore the importance of reliable and diversified vaccine supply as part of sustained global preparedness.

The ICG mechanism has been used for decades to coordinate emergency vaccine supplies for epidemic-prone diseases. The addition of mpox establishes a durable framework through which international health organizations, donors, countries and vaccine manufacturers can support preparedness and rapid outbreak response.

GEO-MVA: Advancing Toward Pivotal Phase 3

GeoVax is developing GEO-MVA, a Modified Vaccinia Ankara (MVA)-based vaccine candidate for the prevention of mpox and smallpox. The Company has completed key manufacturing, regulatory, clinical and preclinical milestones supporting planned initiation of its pivotal Phase 3 immune-bridging study in the fourth quarter of 2026.

GEO-MVA program readiness includes:

Manufacturing Readiness: GMP clinical product has been manufactured, filled, packaged and released for use in the pivotal clinical study.
Regulatory Alignment: European Medicines Agency (EMA) Scientific Advice supports an expedited immune-bridging development pathway comparing GEO-MVA with the licensed MVA-BN vaccine.
Clinical Readiness: CRO engagement and clinical-site identification are advancing in support of the targeted approximately 500-participant pivotal study.
Preclinical Support: Comparative nonclinical studies have generated orthopoxvirus-specific immune responses and neutralizing-antibody data supporting the planned immune-bridging strategy.

As the new global stockpile infrastructure develops, GeoVax believes additional qualified MVA vaccine sources can help expand supply availability, manufacturing capacity and preparedness for future outbreaks. The Company is engaging government agencies and international preparedness organizations regarding future procurement requirements and the potential role of GEO-MVA as an additional source of MVA vaccine supply.

“Creating a sustainable procurement mechanism is an important part of preparedness, but preparedness also requires sufficient and reliable vaccine supply,” Dodd continued. “Our objective with GEO-MVA is to contribute a reliable additional source of MVA vaccine capacity that can strengthen global supply resilience and provide governments and international health organizations with greater supply flexibility.”

Extending Access Through Next-Generation MVA Technologies

Beyond advancing GEO-MVA toward potential registration and supply, GeoVax is pursuing technologies intended to address additional barriers to global vaccine access and administration. These efforts include development of MVA-X, a next-generation MVA vaccine approach targeting single-dose protection; advancement of continuous-cell-line manufacturing intended to support scalable production; and evaluation of microarray-based delivery technologies that could potentially simplify vaccine administration and facilitate broader deployment.

“The launch of this global stockpile represents a significant advance in the infrastructure for equitable mpox vaccine access and outbreak response,” Dodd said. “The next challenge is ensuring that the vaccines supporting that stockpile can be manufactured at scale and deployed as efficiently and broadly as possible. Our longer-term MVA strategy is focused on that entire continuum – from expanding supply, to pursuing single-dose protection, to simplifying how vaccines may ultimately be administered in the field.”

“As GEO-MVA progresses toward pivotal Phase 3 evaluation, we look forward to working with Gavi, WHO, the ICG and other international health organizations toward the shared objective of expanding sustainable and equitable access to mpox vaccines worldwide,” Dodd added.

About GEO-MVA

GEO-MVA is GeoVax’s Modified Vaccinia Ankara (MVA)-based vaccine being developed for protection against mpox and smallpox. Following Scientific Advice from the European Medicines Agency, GeoVax is pursuing an immune-bridging development strategy intended to compare immune responses generated by GEO-MVA with those generated by the licensed MVA-BN comparator.

GeoVax is developing GEO-MVA to expand global access to MVA vaccine supply and scalable production capabilities. The Company believes GEO-MVA has the potential to become an important strategic preparedness asset by providing governments and international public health organizations with an additional source of MVA vaccine supporting biosecurity and orthopoxvirus preparedness.

About GeoVax

GeoVax Labs, Inc. is a clinical-stage biotechnology company focused on the development of vaccines and immunotherapies addressing high-consequence infectious diseases and solid tumor cancers. GeoVax’s priority program is GEO-MVA, a Modified Vaccinia Ankara (MVA)–based vaccine targeting mpox and smallpox. The program is advancing under an expedited regulatory pathway, with plans to initiate a pivotal Phase 3 clinical trial in the fourth quarter of 2026, to address critical global needs for expanded orthopoxvirus vaccine supply and biodefense preparedness. In oncology, GeoVax is developing Gedeptin®, a gene-directed enzyme prodrug therapy (GDEPT) designed to enhance immune checkpoint inhibitor activity. Gedeptin has completed a multicenter Phase 1/2 clinical trial in advanced head and neck cancer and is being advanced into combination strategies, including planned neoadjuvant and first-line settings. GeoVax maintains a global intellectual property portfolio supporting its infectious disease and oncology programs and continues to evaluate strategic partnerships and funding opportunities aligned with its development priorities. For more information, visit www.geovax.com.

Forward-Looking Statements

This release contains forward-looking statements regarding GeoVax’s business plans. The words “believe,” “look forward to,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Actual results may differ materially from those included in these statements due to a variety of factors, including whether: GeoVax is able to obtain acceptable results from ongoing or future clinical trials of its investigational products, GeoVax’s immuno-oncology products and preventative vaccines can provoke the desired responses, and those products or vaccines can be used effectively, GeoVax’s viral vector technology adequately amplifies immune responses to cancer antigens, GeoVax can develop and manufacture its immuno-oncology products and preventative vaccines with the desired characteristics in a timely manner, GeoVax’s immuno-oncology products and preventative vaccines will be safe for human use, GeoVax’s vaccines will effectively prevent targeted infections in humans, GeoVax’s immuno-oncology products and preventative vaccines will receive regulatory approvals necessary to be licensed and marketed, GeoVax raises required capital to complete development, there is development of competitive products that may be more effective or easier to use than GeoVax’s products, GeoVax will be able to enter into favorable manufacturing and distribution agreements, and other factors, over which GeoVax has no control.

Company Contact:

[email protected]

678-384-7220

Media Contact:

Jessica Starman

[email protected]

Release – Kratos ARAV-B Ballistic Missile Target Successfully Utilized In Multinational Pacific Dragon 2026 Exercise

Posted on September 9, 2026September 9, 2026 by [email protected]

Research News and Market Data on KTOS

September 9, 2026

PDF Version

Photo: U.S. Navy https://www.navy.mil/Press-Office/News-Stories/display-news/Article/4575192/us-allies-partners-executed-pacific-dragon-2026-exercise/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fbcb4b4c-7855-4d5e-a594-3a8e193cab9b

SAN DIEGO, Sept. 09, 2026 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in defense, national security, and global markets, today announced the successful mission of its Aegis Readiness Assessment Vehicle Type B (ARAV-B) ballistic missile target from the Pacific Missile Range Facility in Hawaii. The vehicle was fired on August 6 during Pacific Dragon 2026, a premier multinational ballistic missile defense (BMD) exercise led by the U.S. 3rd Fleet.

Photo: U.S. Navy https://www.dvidshub.net/image/9880612/arav-b-launch-during-pacific-dragon-2026

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e2c17ce8-d415-4f9b-95a6-a9f92ed3f8b7

The biennial exercise, which took place in the waters around the Hawaiian Islands from August 6-15, was designed to improve the ability of allied and partner forces to track and intercept ballistic missiles together. The multi-mission event combined coordinated missile defense operations with tactical data-link information sharing across forces from the United States, Australia, Chile, Italy, Japan, the Republic of Korea, and Spain, in conjunction with the U.S. Missile Defense Agency.

Kratos’ ARAV-B is part of the broader ARAV family of configurable short- and medium-range ballistic missile targets that can accurately emulate diverse and evolving threats. The ARAV Type B is a two-stage, spin-stabilized target featuring Kratos’ commercial Oriole rocket motor as the upper stage. The ARAV-B has now flown 43 successful target missions supporting the Naval Surface Warfare Center, Port Hueneme Division, White Sands Detachment and the Missile Defense Agency. Kratos’ commercially developed Oriole rocket motor, along with the larger Zeus family of rockets and the Erinyes hypersonic testbed vehicle demonstrate Kratos’ continuing commitment to investing in technologies and capabilities to serve the warfighter today.

Dave Carter, President of the Kratos Defense & Rocket Support Services (DRSS) Division, said, “Kratos is proud to support the U.S. 3rd Fleet and our allied partners in this critical demonstration of integrated air and missile defense capabilities. The successful launch of our ARAV-B target during Pacific Dragon 2026 highlights our team’s ability to rapidly develop and field affordable, threat-representative systems. By providing highly reliable target solutions, we ensure that advanced combat systems, such as the Baseline 10 and AN/SPY-6 radar on the USS Jack H. Lucas, are tested against the most realistic and demanding scenarios possible.”

The Kratos Ballistic Missile Defense target family includes multiple configurations beyond the Type B, such as the two-stage Type C vehicle and the three-stage Type TTO (Terrier-Terrier-Oriole). With their built-in modularity, these flight-proven Kratos systems can be rapidly reconfigured to support a range of missions including low-apogee, long duration hypersonic testing at speeds exceeding Mach 10.

Eric DeMarco, President and CEO of Kratos, said, “At Kratos, we are focused on delivering real, mission-relevant products and systems to our customers, not PowerPoints or concepts. We fundamentally believe that affordability is a technology, and we utilize our internal investments to bring national security relevant hardware to the field faster. By integrating existing assets and proven technologies, Kratos is first to market with cost-effective solutions that save our government customers and the U.S. taxpayer significant time and money. Our successful participation in Pacific Dragon 2026 is another testament to Kratos’ ability to execute on our strategy and deliver mission-critical solutions for global security.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com and follow Kratos on LinkedIn and X.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 29, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Claire Cantrell
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Investor Relations:
877-934-4687
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