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Release – MAIA Biotechnology Abstract Selected for Poster Presentation at 2025 IASLC World Conference on Lung Cancer

Posted on September 5, 2025September 5, 2025 by aweinsoff@channelchek.com

September 05, 2025 9:03am EDT

Poster details durability and efficacy of ateganosine (THIO) treatment in non-small cell lung cancer (NSCLC)

CHICAGO, Sept. 05, 2025 (GLOBE NEWSWIRE) — MAIA Biotechnology, Inc. (NYSE American: MAIA) (“MAIA”, the “Company”), a clinical-stage biopharmaceutical company focused on developing targeted immunotherapies for cancer, today announced that an abstract titled “Study of THIO Sequenced with Cemiplimab in 3rd Line Immune Checkpoint Inhibitor-resistant aNSCLC: Improvement in PFS” was selected for poster presentation at the 2025 IASLC World Conference on Lung Cancer (WCLC) taking place September 6–9, 2025, in Barcelona, Spain.

“We are proud to accept IASLC’s invitation to present our exceptional ateganosine (THIO) data at its prestigious World Conference on Lung Cancer. Our participation gives us the opportunity to meet with elite scientists, researchers, and global industry leaders about our shared purpose in driving innovation in lung cancer treatments,” said MAIA Chairman and CEO Vlad Vitoc, M.D.

“Ateganosine is demonstrating substantial efficacy in our ongoing THIO-101 trial, with a median overall survival (OS) of 17.8 months with a 95% confidence interval (CI) lower bound of 12.5 months. We believe our novel anticancer agent could become a breakthrough treatment for those suffering from late-stage non-small cell lung cancer,” said MAIA’s Senior Medical Director Victor Zaporojan, M.D. “We look forward to further discussing our observed progression free survival (PFS) at this year’s World Conference on Lung Cancer.”

Conference details:

MAIA representatives: Victor Zaporojan, M.D., Sr. Medical Director; Tomasz Jankowski, M.D., THIO-101 lead investigator and abstract presenting author
Poster session: P1.11 – Metastatic Non-small Cell Lung Cancer – Immunotherapy
Session time: Sunday, September 7, 2025, from 10:30 a.m. to 12:00 p.m.
Poster available at maiabiotech.com/publications on the day of the presentation

The U.S. Food and Drug Administration (FDA) recently granted Fast Track designation for ateganosine (THIO, 6-thio-dG or 6-thio-2’-deoxyguanosine) for the treatment of non-small cell lung cancer (NSCLC). MAIA intends to utilize the incentives of the Fast Track Program to expedite the regulatory process for ateganosine. If relevant criteria are met during the Fast Track process, a drug will be eligible for FDA Accelerated Approval and Priority Review (FDA decision within six months).

About IASLC

The IASLC is a global multidisciplinary organization dedicated to eradication of all forms of lung cancer. From provision of educational events around the world and virtually to research projects and publications that advance the science of lung cancer, the IASLC’s members are raising the bar for care of patients with lung cancer.

IASLC’s annual World Conference on Lung Cancer has played an integral part in facilitating progress by providing a platform for sharing cutting-edge research, collaboration, and networking among industry leaders, experts, and visionaries from around the world.

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 THIO-101 Phase 2 Clinical Trial

THIO-101 is a multicenter, open-label, dose finding Phase 2 clinical trial. It is the first trial designed to evaluate ateganosine’s anti-tumor activity when followed by PD-(L)1 inhibition. The trial is testing the hypothesis that low doses of ateganosine administered prior to cemiplimab (Libtayo^®) will enhance and prolong immune response in patients with advanced NSCLC who previously did not respond or developed resistance and progressed after first-line treatment regimen containing another checkpoint inhibitor. The trial design has two primary objectives: (1) to evaluate the safety and tolerability of ateganosine administered as an anticancer compound and a priming immune activator (2) to assess the clinical efficacy of ateganosine using Overall Response Rate (ORR) as the primary clinical endpoint. The expansion of the study will assess overall response rates (ORR) in advanced NSCLC patients receiving third line (3L) therapy who were resistant to previous checkpoint inhibitor treatments (CPI) and chemotherapy. Treatment with ateganosine followed by cemiplimab (Libtayo^®) has shown an acceptable safety profile to date in a heavily pre-treated population. For more information on this Phase II trial, please visit ClinicalTrials.gov using the identifier NCT05208944.

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
ir@maiabiotech.com

Source: MAIA Biotechnology, Inc.

Released September 5, 2025

1-800-Flowers.com (FLWS) – A Refocused Growth Strategy

Posted on September 5, 2025September 5, 2025 by slightbourne@noblecapitalmarkets.com

Friday, September 05, 2025

For more than 45 years, 1-800-Flowers.com has offered truly original floral arrangements, plants and unique gifts to celebrate birthdays, anniversaries, everyday occasions, and seasonal holidays, and to deliver comfort during times of grief. Backed by a caring team obsessed with service, 1-800-Flowers.com provides customers thoughtful ways to express themselves and connect with the most important people in their lives. 1-800-Flowers.com is part of the 1-800-FLOWERS.COM, Inc. family of brands. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS.

Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.

Jacob Mutchler, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Weak Q4 results. Fiscal Q4 revenues declined 6.7% to $336.6 million, roughly in line with our $338.0 million estimate. Adj. EBITDA loss of $24.2 million was larger than our loss estimate of $20.5 million. The quarter benefited by the Easter shift from Q3 a year earlier into Q4 this year. Gross margins declined 290 basis points from the year earlier quarter, in part, due to a highly promotional sales environment.

Reimagining its business. Management indicated that it is seeking an omnichannel approach to target customers, including opening storefronts, and broadening its reach beyond its own e-commerce sites. The company plans to lower its operating costs beyond the earlier announced $40 million in annualized costs, of which $17 million of annualized costs reductions were achieved in Q4.

Get the Full Report

Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.

Noble Capital Markets Emerging Growth Virtual Equity Conference – October 2025 – Presenting Companies

Posted on September 4, 2025September 8, 2025 by cpatches

Investor / Attendee Registration

Learn More

AI Startup Augment Raises $85M to Scale Augie, Its Logistics Teammate

Posted on September 4, 2025September 4, 2025 by slightbourne@noblecapitalmarkets.com

Logistics may be one of the most complex and fragmented industries, but San Francisco–based startup Augment is betting its AI teammate can streamline it. The company announced an $85 million Series A funding round this week, led by Redpoint Ventures with participation from 8VC, Shopify Ventures, Autotech Ventures, and others. The raise brings Augment’s total funding to $110 million, remarkable for a company that only came out of stealth five months ago.

At the heart of Augment’s pitch is Augie, its AI productivity platform designed to automate logistics workflows from start to finish. Unlike the patchwork of point solutions that often leave gaps, Augie takes end-to-end ownership of shipments—covering everything from front-office quoting and dispatch to back-office billing and compliance. The platform integrates directly with transportation management systems, shipper portals, and load boards while communicating seamlessly across channels, aiming to reduce the friction that bogs down brokers, shippers, and carriers.

The results so far are drawing attention. Customers report significant productivity gains, with some brokerage reps doubling or even tripling the number of loads managed daily without adding headcount. Shippers are seeing faster billing cycles and tighter adherence to service level agreements, while carriers benefit from quicker payments and fewer service calls. Augment claims Augie has already reduced invoice delays by 40%, shortened billing timelines by as much as eight days, improved gross margins by up to five percent per load, and boosted operational productivity by 30–50%.

That level of impact is what convinced investors to back such a large round so quickly. Co-founder and CEO Harish Abbott said the funds will be used to hire more than 50 engineers and expand its go-to-market teams by year-end, with deeper hiring in 2026. “Logistics runs on millions of decisions under pressure,” Abbott said. “Augie doesn’t just assist—it takes ownership.” His vision is for AI agents like Augie to become standard within 12 to 18 months, handling the majority of repetitive logistics workflows.

For co-founder Justin Hall, the mission is personal. After years in brokerages and fleets, he saw firsthand the waste created by siloed tools and manual processes. “The industry tried hundreds of point solutions that created new problems,” Hall said. “We built Augie as an AI teammate that keeps context and delivers efficiency, stronger margins, and easier work.”

Customers like Armstrong Transport Group, a $1.3 billion brokerage, are already seeing tangible results. Representatives there have gone from managing 10 loads a day to 20 or 30, while morale and customer service scores have improved. “If it gets sent to Augie, it gets done,” said William McManus, an operations specialist at Armstrong.

As freight networks grow more complex, Augment is investing not just in scaling Augie’s coverage but also in building a logistics-native knowledge hub that provides pricing, compliance, and service intelligence across modes. With over $35 billion in freight already managed through its platform, Augment is positioning itself as more than a tool—it wants to be the digital teammate behind the next era of logistics.

Release – Bit Digital Inc. Reports Monthly Ethereum Treasury and Staking Metrics for August 2025

Posted on September 4, 2025September 4, 2025 by aweinsoff@channelchek.com

Research News and Market Data on BTBT

NEW YORK, September 4, 2025 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT) (“Bit Digital” or the “Company”) today announced its monthly Ethereum (“ETH”) treasury and staking metrics for the month of August 2025:

Key Highlights for August 2025

As of August 31, 2025, the Company held approximately 121,252 ETH[1].
Based on a closing ETH price of $4,391.91, as of August 31, 2025, the market value of the Company’s ETH holdings was approximately $532.5 million.
The Company’s total staked ETH was ~105,031, or ~86.6% of its total holdings, as of August 31, 2025.
Staking operations generated approximately 249 ETH in rewards during the period, representing an annualized yield of approximately 2.94%.
Bit Digital shares outstanding were 321,432,722 as of August 31, 2025.
The Company maintains ownership of approximately 27.0 million WhiteFiber (WYFI) shares as of August 31, 2025.

Upcoming Events

C. Wainwright & Co. 27^th Annual Global Investment Conference on September 8-10.
Token2049 Singapore Conference on October 1-2.

About Bit Digital
Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies. The Company began accumulating and staking ETH in 2022 and now operates one of the largest institutional Ethereum staking infrastructures globally. Bit Digital’s platform includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. Through strategic partnerships across the Ethereum ecosystem, Bit Digital aims to deliver exposure to secure, scalable, and compliant access to onchain yield. For additional information, please contact ir@bit-digital.com or follow us on LinkedIn or X.

Investor Notice
Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (Annual Report) and any subsequently filed quarterly reports on Form 10-Q and any Current Reports on Form 8-K. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Safe Harbor Statement” below.

Safe Harbor Statement
This press release may contain certain “forward-looking statements” relating to the business of Bit Digital, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Footnotes
[1] Includes approximately 15,084 ETH and ETH-equivalents held in an externally managed fund, and approximately 5,094 ETH presented on as-converted basis from LsETH using the Coinbase conversion rate as of 8/31/25.

Release – 1-800-FLOWERS.COM, Inc. Reports Fiscal 2025 Fourth Quarter and Year-End Results

Posted on September 4, 2025September 4, 2025 by aweinsoff@channelchek.com

Research News and Market Data on FLWS

Sep 04, 2025

Reports Fiscal Year 2025 Revenue of $1.69 Billion and a Net Loss of $200.0 Million, which Includes a $143.8 million Non-Cash Goodwill and Intangible Impairment Charge

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 2025 fourth quarter and year ended June 29, 2025.

“I’m excited to have joined 1-800-FLOWERS.COM, Inc. at such a pivotal moment. This is an iconic brand with products people love, but we haven’t fully lived up to our potential in recent years. Customer expectations are shifting, technology is moving fast, and competition is evolving. That creates real opportunity. We’re making the company leaner and more agile, putting the customer at the center of everything we do, and using data to make smarter decisions. We’re sharpening how we attract and retain customers, broadening our reach beyond our e-commerce sites, and modernizing the customer experience. At the same time, we’re driving operational discipline, efficiency, and accountability. These changes will position us to get back to growth, deliver a better experience for our customers, and create long-term value for shareholders,” said Adolfo Villagomez, Chief Executive Officer.

Fiscal 2025 Fourth Quarter Performance

Total consolidated revenues decreased 6.7% to $336.6 million, compared with total consolidated revenues of $360.9 million in the prior year period.
Gross profit margin decreased 290 basis points to 35.5%, compared with 38.4% in the prior year period, primarily due to a highly promotional sales environment and deleveraging on the sales decline.
Operating expenses increased $8.6 million to $174.8 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 declined $3.7 million as compared with the prior year to $159.7 million.
Net loss for the quarter was ($51.9) million, or ($0.82) per share, as compared to a net loss of ($20.9) million, or ($0.32) per share in the prior year period.
Adjusted Net Loss¹ was ($43.8) million, or ($0.69) per share, compared with an Adjusted Net Loss¹ of ($21.8) million, or ($0.34) per share, in the prior year period.
Adjusted EBITDA¹ loss for the quarter was ($24.2) million, as compared with an Adjusted EBITDA¹ loss of ($8.8) 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 2025 Performance

Total consolidated revenues decreased 8.0% to $1.69 billion, compared with total consolidated revenues of $1.83 billion in the prior year period.
Gross profit margin was 38.7%, which includes $6.6 million of costs associated with the new order management system implementation that was launched during the holiday season. Excluding these costs, gross profit margin declined 100 basis points to 39.1%, as compared to the prior year, due to a highly promotional sales environment deleveraging on the sales decline.
Operating expenses increased $120.3 million to $857.1 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 declined by $10.9 million to $695.2 million, as compared with the prior year.
Net loss for the fiscal year was ($200.0) million, or ($3.13) per share, which includes a $143.8 million non-cash goodwill and intangible impairment charge, compared with a net loss of ($6.1) million, or ($0.09) per share, in the prior year period, which includes a non-cash impairment charge of $19.8 million.
Adjusted Net Loss¹ was ($52.5) million, or ($0.82) per share, compared with Adjusted Net Income¹ of $11.6 million, or $0.18 per share, in the prior year period.
Adjusted EBITDA¹ for the fiscal year was $29.2 million, as compared with $93.1 million in the prior year period.

Segment Results

The Company provides Fiscal 2025 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 declined 3.6% to $101.4 million, as compared with the prior year period. Gross profit margin decreased 400 basis points from the prior year period to 26.0% on higher input costs and deleveraging on the sales decline. Excluding the impact of the severance costs in the current year, segment contribution margin¹ loss was $19.0 million, compared with a loss of $14.4 million in the prior year period.

For the full fiscal year, revenue decreased 7.2% to $810.9 million. Excluding the impact of the order management system implementation issues, gross profit margin declined 70 basis points to 37.6%. Excluding non-recurring costs in both years, segment contribution margin¹ for the year was $58.8 million, compared with $85.0 million in the prior year.
Consumer Floral & Gifts: For the quarter, revenues declined 8.8% to $211.2 million, as compared with the prior year period. Gross profit margin decreased 230 basis points from the prior year period to 38.5% due to deleveraging on the sales decline. Excluding non-recurring costs in the current year, segment contribution margin¹ was $17.4 million, compared with $25.7 million in the prior year period.

For the full fiscal year, revenues decreased 8.6% to $776.8 million, as compared with the prior year period. Gross profit margin decreased 150 basis points from the prior year period to 39.3% due to deleveraging on the sales decline. Excluding the non-recurring costs in both years, segment contribution margin¹ was $50.5 million, compared with $87.7 million in the prior year.
BloomNet: For the quarter, revenues declined 0.6% to $24.2 million, as compared with the prior year period. Gross profit margin decreased 280 basis points from the prior year period to 46.9%, due to higher florist fulfillment costs and rebates. Excluding the impact of the severance costs in the current year, segment contribution margin¹ was $6.5 million, compared with $7.8 million in the prior year period.

For the year, revenues decreased 8.4% to $98.7 million, as compared with the prior year period. Gross profit margin increased 30 basis points from the prior year period to 48.5%, benefiting from lower florist rebates. Excluding the impact of the severance charges in both years, segment contribution margin¹ for the year was $29.3 million, compared with $33.8 million in the prior year.

Fiscal 2026

The Company is approaching Fiscal Year 2026 as a pivotal period of foundation setting. By transforming 1-800-Flowers.com, Inc. into a customer-centric, data-driven organization with clear objectives and ROI-focused decision making, the Company aims to position itself to support its multi-year Celebrations Wave strategy and fuel future growth.

The Company’s strategic priorities are focused on positioning the organization for long-term growth. These priorities include:

driving cost savings and organizational efficiency,
building a customer-centric and data-driven organization,
broadening our reach beyond our e-commerce sites into new channels, and
strengthening our team through enhanced talent and accountability.

With a renewed commitment to agility and customer-centricity, the Company believes these foundational steps will set the stage for sustainable revenue and profit growth in the years to come.

Conference Call

The Company will conduct a conference call to discuss its financial results today, September 4, 2025, 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, 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 and Net Income.

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 share 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®, CardIsle®, 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 members grow their businesses profitably; Napco℠, a resource for floral gifts and seasonal décor; DesignPac Gifts, LLC, a manufacturer of gift baskets and towers; and Alice’s Table®, a lifestyle business offering fully digital on demand floral, culinary and other experiences to guests across the country. 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.

OpenAI Expands Employee Share Sale to $10.3 Billion at $500B Valuation

Posted on September 4, 2025September 4, 2025 by slightbourne@noblecapitalmarkets.com

OpenAI is expanding its latest secondary share sale, allowing current and former employees to sell up to $10.3 billion worth of stock. The transaction values the artificial intelligence company at $500 billion, reinforcing its position as one of the most highly valued private startups globally. The expanded sale, up from the $6 billion originally targeted, provides employees an opportunity to realize gains without forcing the company into a near-term public listing.

For staff who have held shares for more than two years, the window to participate runs through the end of September, with the transaction expected to close in October. Major institutional investors including SoftBank, Dragoneer Investment Group, Thrive Capital, Abu Dhabi’s MGX, and T. Rowe Price are expected to purchase the shares, according to people familiar with the offering.

The offering follows a sharp rise in OpenAI’s valuation. Earlier in 2025, the company raised capital at a $300 billion valuation. The new $500 billion figure reflects investor confidence in OpenAI’s revenue growth trajectory, driven by enterprise adoption of its AI models and partnerships with major cloud providers.

The $200 billion valuation jump in less than a year highlights both market enthusiasm for AI and the scarcity of opportunities to invest directly in sector leaders. With OpenAI remaining private, secondary sales represent one of the few avenues for institutional investors to gain exposure at scale.

Secondary share sales have become a preferred mechanism for late-stage startups to provide liquidity to employees while avoiding the volatility of public markets. By giving staff the ability to convert equity into cash, companies like OpenAI can retain talent in an increasingly competitive industry.

Other major startups, including SpaceX, Stripe, and Databricks, have employed similar strategies to balance growth with employee satisfaction. For investors, these transactions provide a controlled entry point into companies with high valuations, while founders and leadership avoid the pressure of quarterly earnings scrutiny.

For outside investors, OpenAI’s decision underscores the strength of demand for exposure to artificial intelligence platforms. With public-market alternatives limited to large tech incumbents, institutional capital continues to flow into private leaders despite lofty valuations.

Still, some analysts caution that these valuations hinge on sustained revenue expansion and market share gains in a sector that is evolving rapidly. For now, OpenAI’s positioning at the forefront of generative AI makes it one of the most closely watched private companies in the world.

Mortgage Rates Sink to 6.5% but Affordability Still Freezes Buyers

Posted on September 4, 2025September 4, 2025 by slightbourne@noblecapitalmarkets.com

Mortgage rates have drifted lower once again, hitting a fresh low for 2025, but the relief has yet to thaw an otherwise sluggish housing market. According to Freddie Mac, the average 30-year fixed mortgage rate slipped to 6.5% this week, down slightly from 6.56% the prior week and the lowest level since October 2024. The 15-year fixed mortgage rate also moved lower to 5.6%. The decline extends a trend that has carried through much of the summer as bond yields fell alongside growing expectations that the Federal Reserve will soon cut interest rates.

Yet even as borrowing costs reach their most attractive levels in nearly a year, homebuyers remain cautious. Mortgage Bankers Association data showed purchase applications dropped 3% from the previous week, signaling that lower rates are not drawing many new entrants into the market. Refinancing activity, which tends to be more rate-sensitive, rose by just 1%, suggesting only a modest response among households looking to restructure existing debt. Brokerage Redfin described the current environment as one producing a “trickle, not a surge” of demand, with affordability challenges still weighing heavily on potential buyers.

The central issue remains housing affordability. Home prices, while cooling in some regions, are still elevated compared to pre-pandemic levels, and many prospective buyers remain priced out despite the recent dip in borrowing costs. Supply shortages also persist as homeowners who locked in ultra-low rates during 2020 and 2021 are reluctant to sell, limiting inventory and keeping prices from adjusting downward in a meaningful way. This lock-in effect continues to hold back mobility in the market, even as conditions grow more favorable on the financing side.

Attention now shifts to broader economic forces that could determine whether mortgage rates continue to ease. Treasury yields, which mortgage rates closely track, have been under pressure as investors reassess the path of monetary policy. The upcoming August jobs report will be critical in shaping those expectations. If employment data comes in weaker than forecast, markets are likely to bet more aggressively on Fed rate cuts, which could drive borrowing costs lower still. Conversely, a strong report could quickly reverse recent gains, sending yields and mortgage rates higher again.

Recent indicators suggest the labor market is losing momentum. Job openings in July fell to their lowest level in ten months, with fewer available positions relative to unemployed workers. Meanwhile, private payroll data from ADP showed the economy added just 54,000 jobs in August, underscoring the slowdown. Economists point out that while layoffs remain limited, the ability for unemployed workers to re-enter the job market has become more difficult, reflecting a gradual cooling rather than a sharp downturn.

For now, mortgage rates are at their most favorable point in nearly a year, but affordability barriers, limited supply, and broader economic uncertainty mean the housing market remains stuck in neutral. The next move may depend less on where rates are today and more on whether labor market weakness forces the Fed to deliver deeper cuts that could eventually bring real relief to buyers.

Job Openings Slip Below Jobless Figures for First Time Since 2021

Posted on September 3, 2025September 3, 2025 by slightbourne@noblecapitalmarkets.com

For the first time in more than four years, the number of unemployed Americans has surpassed the number of available job openings, highlighting a turning point in the post-pandemic labor recovery. According to the Bureau of Labor Statistics’ July Job Openings and Labor Turnover Survey (JOLTS), there were 7.18 million vacancies compared with 7.25 million unemployed workers. This pushed the ratio of job openings to job seekers down to 0.99, the lowest level since April 2021.

The shift marks a departure from the tight labor conditions that dominated much of the past three years, when employers struggled to attract talent and job seekers often had multiple options. Instead, the balance has tipped slightly in favor of employers, with fewer roles available and greater competition among applicants.

The data suggests the softer labor conditions are being driven more by a slowdown in hiring demand than a surge in job losses. Layoffs remain relatively subdued, indicating that workers currently employed are not facing widespread displacement. Instead, the challenge lies with individuals attempting to re-enter the workforce or find new opportunities after leaving prior roles.

Economists noted that job openings have been gradually trending lower throughout 2024 and 2025, rather than collapsing suddenly. This indicates a measured cooling rather than a shock-driven downturn, which is consistent with an economy that is slowing toward equilibrium rather than tipping into recession.

On the supply side, labor force participation fell to its lowest since late 2022. Demographics are partly to blame: the U.S. workforce continues to age, and participation among older workers has steadily declined. Policy also plays a role, as more restrictive immigration measures in recent years have limited the inflow of working-age migrants, reducing available labor.

While fewer workers in the labor pool can put pressure on certain industries still seeking talent, it also means that the rise in unemployment is cushioned compared to previous downturns. With both supply and demand easing at the same time, the job market appears to be rebalancing rather than unraveling.

For job seekers, the environment has become more competitive. Workers without recent employment may find it harder to secure positions, as openings are spread more thinly across industries. However, the relative stability of layoffs indicates that those currently in jobs are less vulnerable to sudden cuts, reducing the risk of mass unemployment events that typically accompany recessions.

The JOLTS report adds to the broader picture of a cooling labor market but stops short of signaling a contraction. Payroll gains and unemployment rates remain within ranges considered sustainable by economists, suggesting that conditions are closer to a long-term “steady state” rather than a downturn. The upcoming August employment report will provide further clarity, particularly on whether employers are continuing to add jobs at a pace consistent with stable growth.

Release – SKYX Successfully Demonstrated Its Technologies During a Marriott SpringHill Suites Hotel Renovation as It Continues to Grow Its Market Penetration in the U.S. and Canada

Posted on September 3, 2025September 3, 2025 by aweinsoff@channelchek.com

Research News and Market Data on SKYX

September 03, 2025 10:14 ET | Source: SKYX Platforms Corp.

SKYX’s Marriott Renovation Demonstration Validated the Significant Safety, Simplicity, Time Savings and Cost Savings Provided by SKYX’s Technologies During a Renovation Process

The Marriott Renovation Demo Incorporated SKYX’s Advanced and Smart Plug & Play Technologies, Including Ceiling lighting, Recessed Lights, Down Lights, Wall Lights, EXIT and Emergency Lights, Plug-In LED Backlight Mirrors, Among Others

SKYX Expects Its Technologies to Be Utilized and Included in Additional Marriot Renovations as well as in Additional Hotel Brands

Major Hotel Chains Commonly Require Its Hotels to Conduct a Full Renovation Every 7 Years

MIAMI, Sept. 03, 2025 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a SKYX Technologies) (the “Company” or “SKYX”), a highly disruptive platform technology company with over 100 pending and issued patents globally and over 60 lighting and home décor websites, with a mission to make homes and buildings become safe and smart as the new standard, today announced that it successfully demonstrated its advanced technologies during a renovation at a Marriott SpringHill Suites Hotel owned by the Shaner Group as SKYX continues to grow its market penetration in U.S. and Canada (renovation video demo link included below).

During the Marriott renovation demonstration, SKYX incorporated its advanced and smart plug & play technologies, including ceiling lighting, recessed lights, downlights, wall lights, EXIT, and EMERGENCY lights, plug-in LED backlight mirrors among others.

SKYX’s Marriott renovation demonstration validated the significant safety aspects, time savings, and cost savings provided by SKYX’s technologies during a hotel renovation process. Major hotel chains commonly require its hotels to conduct a full renovation every 7 years. SKYX expects its technologies to be utilized and included in additional Marriott renovations as well as in other hotel brands.

SKYX Technologies’ demonstration at Marriot

Rani Kohen, Founder and Executive Chairman, of SKYX Platforms, said; “We are happy to report that we have successfully demonstrated our technology’s ability to provide significant hotel safety, time savings and cost savings during hotel renovation and buildouts while advancing and accelerating the renovation of hotels. We hope to continue demonstrating our technologies’ abilities in additional projects and remain focused on further scaling our footprint and unlocking long-term value through future recurring revenue opportunities.”

Lance Shaner, Founder of the Shaner Hotel Group, said; “We clearly recognize SKYX’s significant value of time saving, cost saving, and safety as demonstrated during our Marriott SpringHill Suites hotel renovation. As a significant long-term minded SKYX investor, I strongly believe that SKYX’s game-changing advanced and smart platform technologies will make hotels, buildings, and homes advanced, smart, and safe instantly, while saving cost, time, and lives.”

To view SKYX’s Technology Demo at Springs Hill Marriott CLICK HERE

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 platform technologies, with over 100 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor 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://skyplug.com/ or follow us on LinkedIn.

Forward-Looking Statements
Certain statements made in this press release are not based on historical facts but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “can,” “could,” “continue,” “estimate,” “expect,” “evaluate,” “forecast,” “guidance,” “intend,” “likely,” “may,” “might,” “objective,” “ongoing,” “outlook,” “plan,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “target” “view,” “will,” or “would,” or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company’s reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company’s ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company’s 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 Contact:
Jeff Ramson
PCG Advisory
jramson@pcgadvisory.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/30ee7093-9343-4165-bfdf-e8ae3a56b104

Release – Newsmax Files Lawsuit Against Fox News

Posted on September 3, 2025September 3, 2025 by aweinsoff@channelchek.com

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September 3, 2025

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Landmark Federal Antitrust Case Seeks Significant Damages

BOCA RATON, FL / ACCESS Newswire / September 3, 2025 / Newsmax Inc. (NYSE:NMAX) (“Newsmax” or the “Company”) announced today that the Company’s subsidiary, Newsmax Broadcasting, LLC, has filed a major federal antitrust lawsuit against Fox Corporation and Fox News Network, LLC (collectively, “Fox”) in the United States District Court for the Southern District of Florida.

The suit, led by prominent antitrust litigators at Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., accuses Fox of engaging in an extensive and unlawful campaign to block competition in the market for right-leaning pay television news, including Newsmax.

Newsmax’s action seeks damages under Sections 1 and 2 of the Sherman Act, the Florida Antitrust Act, and the Florida Deceptive & Unfair Trade Practices Act. Under federal law, any damages awarded in this case will be trebled – meaning Fox faces significant financial liability if Newsmax prevails.

The complaint alleges that Fox has abused its dominance in the right-leaning pay TV news market for years by coercing distributors into unfair carriage agreements designed to exclude or marginalize competitors like Newsmax.

Fox News, described in the complaint as a “must-have” channel for distributors, leverages its market power to impose restrictions that harm consumers, stifle competition, and drive up costs across the pay TV ecosystem.

Among the exclusionary tactics detailed in the complaint:

No-Carry Provisions: Fox conditions access to Fox News on agreements by distributors not to carry or to restrict competing right-leaning news channels.
Financial Penalties: If distributors carry Newsmax, Fox forces them to also carry low-demand channels like Fox Business or Fox Sports 2 in their most widely viewed tiers – triggering potentially tens of millions in extra fees.
Confidential Drag-Down Provisions: These clauses penalize distributors for placing Newsmax in basic packages by requiring simultaneous promotion of Fox’s less popular channels.
Intimidation Campaigns: Fox has allegedly pressured its guests to not appear on Newsmax, as well as has run online smear campaigns and hired private investigators targeting Newsmax executives to damage the Company’s credibility.

The result, the complaint asserts, is that Fox has deliberately blocked Newsmax’s growth in critical distribution platforms such as Hulu, Sling, Fubo, and other major platforms.

Internal Fox communications cited in the complaint reveal that senior executives and talent saw Newsmax as a competitive threat following the 2020 election. Texts, emails, and memoranda show Fox leaders acknowledging that Newsmax’s growing audience could “drastically change the landscape” of cable news, including:

Then-Fox host Tucker Carlson warned that “an alternative like Newsmax could be devastating to us.”
Fox News President Jay Wallace told CEO Suzanne Scott that Fox was on “war footing” over Newsmax’s rise.
Fox Chairman Rupert Murdoch instructed Fox News CEO Suzanne Scott that Newsmax “should be watched” as a result of press stories about the network.
Other executives tracked Newsmax’s bookings and content, openly strategizing about ways to contain the new competitor.

Harm to Competition and Consumers

The lawsuit alleges that Fox’s exclusionary conduct has had far-reaching consequences:

Higher Prices: By blocking competition, Fox has extracted supracompetitive carriage fees – charging distributors nearly $2.20 per subscriber per month, double CNN’s fees and six times MSNBC’s. These inflated costs have been or likely will be passed on to consumers.
Reduced Consumer Choice: Millions of right-leaning viewers who want an alternative have been denied access to Newsmax on affordable basic packages, leaving Fox as the only viable option.
Delayed Growth of Newsmax: Fox’s practices have prevented Newsmax from reaching critical mass with distributors, advertisers, and audiences, costing the Company hundreds of millions in lost carriage fees and advertising revenue.

“Fox has sought to protect and expand its monopoly power in the right-leaning pay TV news market by engaging in a suite of anticompetitive behaviors,” the complaint states. Fox’s unlawful and exclusionary conduct “has harmed not just Newsmax and other competitors,” but also “consumers and competition itself.”

Newsmax is represented by Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., and Sperling Kenny Nachwalter, LLC, two of the nation’s premier antitrust litigation firms.

Both firms have extensive experience taking on monopolistic conduct and have successfully litigated complex cases involving dominant players in telecommunications, media, pharmaceuticals, and technology.

“Fox’s behavior represents a textbook abuse of monopoly power,” said Michael J. Guzman, lead counsel for Newsmax at Kellogg Hansen. “The law is clear: competition, not coercion, should decide what news channels Americans can watch. By leveraging its must-have status, Fox has blocked new voices, suppressed consumer choice, and extracted excess profits.”

“Fox may have profited from exclusionary contracts and intimidation tactics for years, but those days are over,” said Christopher Ruddy, Newsmax CEO. “This lawsuit is about restoring fairness to the market and ensuring that Americans have real choice in the news they watch. If we prevail, Fox’s damages could be tripled under federal law – an outcome that would send a powerful message to any company that thinks it can monopolize public discourse.”

The complaint underscores that Fox’s conduct harms not just Newsmax, but the competitive process itself. By keeping rivals off affordable distribution packages, Fox has denied millions of Americans the diversity of viewpoints that a healthy marketplace of ideas requires.

“American democracy depends on a vibrant and competitive media landscape,” Ruddy added. “Fox has acted as a gatekeeper, silencing emerging voices and overcharging consumers. Our lawsuit seeks not only justice for Newsmax, but also to protect the rights of viewers who deserve choice and fair pricing.”

Newsmax is asking the federal court to:

Declare Fox’s conduct unlawful under federal and state antitrust laws.
Award monetary damages as permitted by law.
Enjoin Fox from continuing exclusionary contracts and monopolistic practices.
Order equitable relief to restore competition in right-leaning pay TV news.

Additional information regarding the suit is available here: https://www.newsmax.com/Newsmax/media/PDFs/NewsmaxFoxComplaint.pdf

About Newsmax
Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation’s leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major pay TV providers. Newsmax’s media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches 20 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax “a news powerhouse.”

For more information, please visit Investor Relations | Newsmax Inc.

Forward-Looking Statements
This communication contains forward-looking statements. From time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements can be identified by those that are not historical in nature. The forward-looking statements discussed in this communication and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. Newsmax does not guarantee future results, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. Forward-looking statements should not be relied upon as predictions of future events. We are under no duty to update any of these forward-looking statements after the date of this communication to conform our prior statements to actual results or revised expectations, and we do not intend to do so. Factors that may cause actual results to differ materially from current expectations include various factors, including but not limited to the timeline or outcome relating to litigation against Fox, our ability to change the direction of Newsmax, our ability to keep pace with new technology and changing market needs, the competitive environment of our business changes in domestic and global general economic and macro-economic conditions and/or uncertainties and factors set forth in the sections entitled “Risk Factors” in Newsmax’s Annual Report on Form 10-K for the twelve months ended December 31, 2024, Newsmax’s Quarterly Report on Form 10-Q for the three months ended March 31, 2025, and other filings Newsmax makes with the Securities and Exchange Commission. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Undue reliance should not be placed on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein.

Investor Contacts
Newsmax Investor Relations
ir@newsmax.com

SOURCE: Newsmax Inc.

View the original press release on ACCESS Newswire

Release – Graham Corporation Appoints Mauro Gregorio to Board of Directors

Posted on September 3, 2025September 3, 2025 by aweinsoff@channelchek.com

Research News and Market Data on GHM

September 03, 2025 8:00am EDT

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BATAVIA, N.Y.–(BUSINESS WIRE)– Graham Corporation (NYSE: GHM) (“GHM” or “the Company”), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space markets, today announced the appointment of Mauro Gregorio to its Board of Directors, effective September 1, 2025.

Mr. Gregorio brings extensive global executive leadership experience and board governance expertise to Graham Corporation. He currently serves as a board member at Eagle Materials, and most recently served as a Board member of Radius Recycling and was President of the Performance Materials & Coatings division at Dow Inc., where he oversaw a $10 billion business segment focused on several industrial sectors related to Energy and other complex manufacturing processes.

“We are delighted to welcome Mauro to Graham’s Board of Directors,” said Matthew J. Malone, President and CEO. “His proven track record of transforming organizations and driving performance improvements on a global scale aligns perfectly with our growth objectives. Mauro’s extensive experience in the Energy & Process markets and operational excellence will be invaluable as we continue to execute our strategic plan.”

During his tenure at Dow Inc., Mr. Gregorio held multiple leadership roles including Business President of Consumer Solutions and Business President for Energy Solutions. His international career spans leadership positions across Europe, Latin America, and the United States. He holds a Bachelor of Science in Chemical Engineering from Escola de Engenharia Maua in São Paulo and an MBA from Northwood University.

“I am honored to join Graham Corporation’s Board of Directors,” said Mr. Gregorio. “Graham’s commitment to innovation and operational excellence resonates strongly with me and my experience. I look forward to contributing to the Company’s continued success and helping drive long-term value creation for shareholders.”

About Graham Corporation

Graham is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy, & Process, and Space industries. Graham Corporation and its family of global brands are built upon world-renowned engineering expertise in vacuum and heat transfer, cryogenic pumps, and turbomachinery technologies, as well as its responsive and flexible service and the unsurpassed quality customers have come to expect from the Company’s products and systems. Graham Corporation routinely posts news and other important information on its website, grahamcorp.com, where additional information on Graham Corporation and its businesses can be found.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250903892736/en/

For more information, contact:
Christopher J. Thome
Vice President – Finance and CFO
Phone: (585) 343-2216
CThome@graham-mfg.com

Tom Cook
Investor Relations
(203) 682-8250
Tom.Cook@icrinc.com

Source: Graham Corporation

Released September 3, 2025

Release – FAT Brands Inc. Announces Return of Andrew Wiederhorn to Chief Executive Officer

Posted on September 3, 2025September 3, 2025 by aweinsoff@channelchek.com

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09/03/2025

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Mr. Wiederhorn will continue serving as Chairman of the Board while re-assuming day-to-day leadership as Chief Executive Officer

LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., (NASDAQ: FAT), parent company of Fatburger, Johnny Rockets, Round Table Pizza, and 15 other restaurant concepts, today announces the return of Andrew (Andy) Wiederhorn as Chief Executive Officer. Effective today, Ken Kuick will be exclusively focused on his roles as Chief Financial Officer of FAT Brands and Twin Hospitality Group Inc. (NASDAQ: TWNP), and Taylor Wiederhorn will continue to serve as Chief Development Officer.

“I am grateful to both Ken and Taylor for their time as Co-CEO’s where they were instrumental in accelerating growth across our portfolio of brands,” said Andy Wiederhorn, CEO and Chairman of FAT Brands Inc. “I am thrilled to step back into the CEO role, building on our momentum and delivering on our strategic priorities—organic expansion, targeted acquisitions, increasing our manufacturing facility’s capacity and focusing on our balance sheet—to reinforce our position as a global leader in the restaurant industry.”

For more information on FAT Brands, visit www.fatbrands.com.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit fatbrands.com.

MEDIA CONTACT:
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509

Source: FAT Brands Inc.