Market Newsdesk

NEWTON, Kan., July 16, 2026 (GLOBE NEWSWIRE) — Park Aerospace Corp. (NYSE – PKE) announced that it plans to release its financial results for its 2027 fiscal year first quarter ended May 31, 2026 after the New York Stock Exchange closes on Monday, July 20, 2026. The Company will conduct a conference call to discuss such results at 5:00 p.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada and (201) 493-6780 in other countries and the required conference ID for attendance by phone is 13761820.

A live audio webcast, along with presentation materials, will be available at https://edge.media-server.com/mmc/p/e9q3pu9z at 5:00 p.m. EDT on Monday, July 20, 2026. The presentation materials will also be available at approximately 4:15 p.m. EDT on Monday, July 20, 2026 at https://parkaerospace.com/shareholders/investor-conference-calls/ and on the Company’s website at www.parkaerospace.com under “Investor Conference Calls” on the “Shareholders” page.

For those unable to listen to the call live, a conference call replay will be available from approximately 8:00 p.m. EDT on Monday, July 20, 2026 through approximately 11:59 p.m. EDT on Monday, July 27, 2026.  The conference call replay can be accessed by dialing (844) 512-2921 in the United States and Canada and (412) 317-6671 in other countries and entering passcode 13761820 and will be available at https://edge.media-server.com/mmc/p/e9q3pu9z.

Any additional material financial or statistical data disclosed in the conference call will also be available at the time of the conference call on the Company’s website at www.parkaerospace.com/shareholders/investor-conference-calls/.

Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (Aeroadhere^®) and lightning strike protection materials (Electroglide^®). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park’s advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”), business jets, general aviation aircraft and rotary wing aircraft. Park also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. Target markets for Park’s composite parts and structures (which include Park’s proprietary composite SigmaStrut™ and AlphaStrut™ product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park’s objective is to do what others are either unwilling or unable to do. When nobody else wants to do it because it is too difficult, too small or too annoying, sign us up.

Additional corporate information is available on the Company’s website at www.parkaerospace.com.

St. Louis, Missouri, July 16, 2026 (GLOBE NEWSWIRE) — Amplified Digital today announced the launch of Amplified AI Visibility, a new strategic offering designed to help businesses understand, measure and improve how they appear in today’s rapidly evolving AI-powered search landscape.

As consumers increasingly turn to tools like ChatGPT, Google AI Overviews, Gemini, Claude and Perplexity for answers, recommendations and purchasing decisions, traditional search engine optimization alone is no longer enough. Businesses must now understand whether artificial intelligence can find, trust and recommend their brand.

Amplified AI Visibility gives organizations a comprehensive look at how they are represented across leading AI platforms, identifies strengths and gaps in their digital presence, and delivers actionable recommendations to improve visibility and influence future AI-generated responses.

“Search has fundamentally changed,” said John Lich, President of Amplified Digital. “People are no longer just typing keywords into search engines. They’re asking AI assistants for recommendations, advice and purchasing guidance. If your business isn’t showing up in those conversations, you’re missing opportunities before customers ever reach your website. Amplified AI Visibility helps businesses understand exactly where they stand and what they need to do next.”

Unlike traditional SEO reports that focus primarily on rankings, Amplified’s AI Visibility Audit provides insight into how businesses are positioned within generative AI ecosystems that increasingly shape consumer decision-making. The audit evaluates multiple factors that influence AI discoverability, including brand authority, website structure, content quality, local presence, reputation signals, citations and how AI platforms interpret and surface a company’s information.

The launch of Amplified AI Visibility comes at a pivotal moment. Industry analysts predict AI-powered search experiences will continue to reshape how consumers discover products, services and local businesses. Rather than presenting users with pages of links, AI platforms increasingly deliver direct answers, often recommending only a handful of companies.

“Businesses have spent years optimizing for Google,” Lich said. “Now they need to optimize for AI too. The companies that adapt early will have a significant competitive advantage.”

Amplified AI Visibility is designed for organizations of all sizes, from local businesses looking to strengthen their presence within their communities to regional and national brands seeking to maintain visibility as consumer behavior evolves.

Following the assessment, Amplified Digital’s strategists work with clients to develop customized AI optimization plans that may include content strategy, technical website enhancements, structured data improvements, reputation management, authority building, local optimization and ongoing performance measurement.

As a full-service digital marketing agency serving businesses across the United States, Amplified Digital combines local market expertise with national-scale capabilities in search marketing, paid media, creative services, data analytics, website development, social media and emerging AI strategies.

“Our mission has always been to help businesses reach the right audience at the right time,” said Lich. “As technology evolves, so do we. AI search represents one of the biggest shifts in digital marketing in decades, and we’re committed to helping our clients stay visible, relevant and competitive.”

Businesses interested in learning how they perform across today’s AI-powered search platforms can request an audit by visiting ai-audit.amplifieddigitalagency.com.

About Amplified Digital

Amplified Digital is a full-service digital marketing agency and the marketing services division of Lee Enterprises. The agency helps businesses grow through strategic planning, search engine marketing, paid media, social media, creative services, websites, audience targeting, analytics and performance-driven marketing solutions. Serving clients across the country, Amplified Digital combines national expertise with the trusted local market knowledge of one of America’s largest local media organizations.

NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) — Market News Updates News Commentary — An increasing number of businesses are choosing to utilize Drones-as-a-Service (DaaS) due to its cost-effectiveness. Instead of making large investments in buying drones, hiring pilots, maintaining equipment, and dealing with regulations, companies can opt for a drone service provider as required. This method provides a faster and more cost-efficient way to use advanced drone technology without long-term commitments. DaaS is proving to be advantageous in various industries like construction, power infrastructure, agriculture, pipelines, and disaster management by allowing organizations to collect high-quality data, speed up project completion, and lower costs simultaneously. Companies on the move in the AUV/Drone industries include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Quantum Cyber N.V. (NASDAQ: QUCY), Unusual Machines, Inc. (NYSE American: UMAC) and Ondas Inc. (NASDAQ: ONDS).

This shift is opening up a significant market opportunity. Estimates indicate that the global Drones-as-a-Service market, valued at around $39 billion in 2026, could surpass $115 billion by 2032. Some specialists believe this figure could rise above $300 billion in the next ten years by incorporating autonomous drones, artificial intelligence, and cloud-based solutions into regular business operations. The growing demand is also boosted by substantial investments in areas such as infrastructure, renewable energy, public safety, and defense, all of which rely on drones for precise, real-time data collection.

Furthermore, technological advancements are keeping up with the increasing demand. Modern drones can inspect various structures like bridges, power lines, cell towers, solar installations, railways, and construction sites in a fraction of the time taken by ground teams. With the help of artificial intelligence, these drones can automatically analyze numerous images, detect potential issues, create detailed maps, and provide reports within minutes. As businesses continue to search for safer, faster, and more efficient operational methods, Drones-as-a-Service emerges as a reasonable choice and stands out as a rapidly expanding sector within the global drone industry.

ZenaTech (NASDAQ:ZENA) Closes 25

^th

Acquisition with Alberta, Canada-based Velocity Geomatics Inc. Expanding Drone as a Service into Environmental and Regulatory Services in the Oil and Gas Sector –

Drone as a Service enters into a global oil and gas drone inspection services market growing at 28% per year as Company achieves stated interim goal from January 2025 –
ZenaTech, Inc. ($ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that it has completed the acquisition of Grand Prairie Alberta-based Velocity Geomatics Inc. doing business as Velocity Group, with operations and offices across Alberta, British Colombia and Saskatchewan. The acquisition marks ZenaTech’s first acquisition in drone-based geomatics for environmental and regulatory compliance and services in the oil and gas industry, establishing a Drone as a Service presence in a sector growing at over 28% annually. It also marks its 25^th acquisition since its January 2025 statement citing it would achieve that number by mid-2026.

“This acquisition expands our Drone as a Service business into Canada’s oil and gas sector focused on environmental and regulatory assessments for oil extraction and pipelines, in one of the most significant energy markets in North America. Importantly, it also demonstrates the achievement of one of our stated goals since our public offering in 2024, which was 25 acquisitions to support our Drone as a Service business. We have maintained an assertive acquisition strategy and anticipate setting new benchmarks in the near term,” said Shaun Passley, Ph.D., CEO of ZenaTech. “Velocity Group brings an established customer base, strong regional expertise, and extensive experience supporting drone-based surveying and geomatics projects including for some large and multinational oil and gas producers. We believe there is a significant opportunity to further enhance these services through AI-powered drone technology for surveying, mapping, inspections, and infrastructure monitoring applications, enabling us to establish a core expertise that we can bring to this fast-growing global industry.”

Velocity Group provides geospatial land surveying, geomatics, mapping, and environmental and regulatory compliance services for Western Canadian oil and gas producers. Operating from three regional offices and a head office in Grande Prairie, Alberta, the company supports projects throughout Alberta as well as British Columbia and Saskatchewan. Its services include surveying, mapping, and pre-site assessment support for commercial infrastructure and energy development projects. The company supports a portfolio of commercial clients in the oil and gas sector, including leading energy operators and established natural gas producers active across upstream and infrastructure development projects in Western Canada.

Drones are already deeply integrated into their operations, with approximately 80% of current projects utilizing drone-based workflows as part of surveying and geospatial data collection.

This transaction comes at a time when the global oil and gas drone inspection services market is valued at approximately USD 2.3 billion and is projected to grow at a compound annual growth rate of approximately 28.5%, according to market analysts, driven by increasing adoption of autonomous inspection, surveying, and compliance technologies across energy infrastructure.

ZenaTech’s Drone as a Service platform provides business and government clients with on-demand or subscription-based access to faster and superior drone-based services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services, without the capital costs or operational burdens of ownership. By acquiring established, profitable service companies currently using low-tech processes and ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next-gen drone integration designed for speed, precision, data, and safety benefits. The company is continuing to build its global business and network of locations as well as its integration of drones and new services. Continued…Read this full release and additional news for ZENA by visiting: https://www.zenatech.com/newsroom/

Why investors are watching the Drones-as-a-Service market

• Global DaaS market projected to exceed $115 billion by 2032
• Longer-term forecasts suggest the industry could surpass $300 billion during the next decade
• Eliminates large upfront capital costs for customers
• AI-powered inspections dramatically reduce labor costs and project timelines
• Growing adoption across construction, utilities, mining, agriculture, logistics, energy, telecommunications, insurance, and defense
• 2026 estimated global market: Approximately $39 billion
• 2032 projected market: More than $115 billion
• Long-term opportunity: Some forecasts project $300+ billion by the mid-2030s

In other industry recent and current news of note:

Draganfly Inc. (NASDAQ: DPRO), an award-winning Unmanned Systems Developer and capabilities integrator, recently announced with the International Association of Campus Law Enforcement Administrators (IACLEA) the launch of the IACLEA national Campus Drone Implementation & Readiness Program for colleges and universities across the United States.

The initiative is designed to enable campus public safety departments to stand up compliant, trusted drone programs that improve response to critical incidents, enhance everyday situational awareness, and build community trust, while aligning with recent U.S. federal actions to grow the domestic drone industrial base and encourage the use of secure, domestically manufactured UAS platforms.

Against this backdrop, the Draganfly IACLEA program provides higher education with a clear, turnkey path to align campus drone and counter-drone operations with emerging security capabilities and threats while staying in lockstep with evolving federal and state requirements.

Quantum Cyber N.V. (Nasdaq: QUCY) recently announced the filing of a provisional patent application with the United States Patent and Trademark Office (USPTO) covering a modular drone launch system (the “Launch System”) engineered to deploy autonomous unmanned aerial vehicles rapidly and at scale across defense, border security, and autonomous warfare applications. The application was filed through the Company’s wholly owned subsidiary, Quantum Drones Corporation.

A Structural Shift in U.S. Defense Procurement, and Where the Launch System Fits – U.S. defense procurement is undergoing a shift toward low-cost, autonomous systems deployed at scale, and the ability to field those systems rapidly is emerging as a defining operational requirement. Executive Order 14307 establishes American drone dominance as an explicit industrial and national-security priority, directing the acceleration of domestic drone production, expanded exports of U.S.-made systems, and the enablement of more advanced autonomous operations. The Department of Defense FY2027 Budget Request includes approximately $55 billion allocated to drone and autonomous warfare programs, and the counter-UAS market is projected to grow from $3.1 billion to $10.6 billion by 2030, a 27.2% compound annual growth rate (Grand View Research, 2025).

Unusual Machines, Inc. (NYSE American:UMAC), a leading manufacturer of NDAA-compliant drone components, recently announced the promotion of Tyler Crane to Vice President of Product.

In his new role, Crane will lead product strategy across the Company’s growing lineup of drone components, working closely with engineering, manufacturing, commercial teams, and customers to develop high-performance products that meet evolving customer requirements across our markets.

Crane has played a central role in shaping the Company’s product roadmap and expanding its portfolio, helping bring the Aura camera line, Aura VTX, Brave F7 flight controller, Brave 55A electronic speed controller, motors, and other critical drone components to market. His experience leading products from concept through commercialization, while working directly alongside customers, pilots, engineers, and manufacturing teams, gives him a rare operational perspective that keeps customer requirements at the center of every product decision.

Ondas Inc. (Nasdaq: ONDS), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, announced recently it has acquired DZYNE Technologies, LLC (“DZYNE”). This acquisition establishes Ondas as a vanguard autonomous defense platform, uniting complementary capabilities across multi-domain ISR, counter-UAS, autonomous effects, aerial security, precision strike, autonomous logistics, and AI-enabled mission orchestration to rapidly meet the complex, evolving requirements of modern warfare. The acquisition is valued at $875.8 million and was financed through a cash and stock structure intended to align the incentives of DZYNE management and investors with Ondas’ stockholders. Greater than 50% of the stock consideration is subject to a six-month lock-up.

“The character of warfare is changing rapidly, and military advantage increasingly belongs to organizations capable of deploying autonomous systems at scale,” said Eric Brock, Chairman and Chief Executive Officer of Ondas. “DZYNE brings exceptional technology, world-class engineering talent and mission-ready systems across long-endurance ISR, counter-UAS and autonomous effects. The combination with DZYNE accelerates Ondas’ build-out of the next-generation autonomous defense platform—not through a single breakthrough product, but by integrating complementary, mission-proven technologies into a scaled operating platform. Importantly, DZYNE significantly strengthens Ondas’ financial profile, adding substantial scale and revenue growth. DZYNE is EBITDA positive with a strong and growing margin profile, accelerating Ondas’ path towards profitable, long-term growth.”

DISCLAIMER: MarketNewsUpdates.com (MNU) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU’S market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This press release was distributed on behalf of ZenaTech, Inc. For current services performed MNU was compensated forty-six hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the company. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

Contact Information:
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SOURCE: Market News Updates

PHILADELPHIA, July 16, 2026 (GLOBE NEWSWIRE) — National plaintiffs’ law firm Berger Montague PC announces a class action lawsuit against Veritone, Inc. (NASDAQ: VERI) (“Veritone” or the “Company”) on behalf of investors who purchased or acquired Veritone common stock during the period from October 14, 2025 through April 14, 2026 (the “Class Period”).

Investor Deadline:

Investors who purchased or acquired

Veritone

common stock during the Class Period may, no later than

July 20, 2026

, seek to be appointed as a lead plaintiff representative of the class. To learn your rights,



CLICK HERE



.

Veritone, headquartered in Irvine, Calif., is a public enterprise AI company that develops custom artificial intelligence solutions, applications, and its proprietary AI operating system, aiWARE^™, to help commercial and public sector clients automate and scale.

The complaint alleges that throughout the Class Period, Veritone and its senior executives failed to disclose that the Company had inaccurately recorded and misclassified certain revenue and costs — including through misclassification of agent transactions and errors in the valuation of consideration received under ASC 606 — resulting in a significant overstatement of revenue and understatement of net loss. Defendants further concealed that Veritone maintained deficient internal controls over financial reporting, and that these failures would ultimately compel the Company to restate previously issued financial statements.

On March 26, 2026, Veritone issued a press release partially disclosing fourth quarter 2025 financial results, including that the Company was “finalizing its accounting determination of certain revenue transactions under ASC 606.” On this news, Veritone’s stock price fell $0.77, or 29%, to close at $1.84 per share on March 27, 2026.

Then, on April 1, 2026, the Company filed a Form NT 10-K with the SEC, disclosing that it could not timely file its Annual Report on Form 10-K, as Veritone was finalizing its “accounting determination of certain barter revenue transactions under ASC 606.” The Company stated it was evaluating “whether the previously issued financial statements for the quarters ended June 30, 2025 and September 30, 2025 may need to be revised or restated.” On this news, Veritone’s stock price fell $0.18, or 9%, to close at $1.79 per share on April 1, 2026.

Finally, on April 14, 2026, Veritone filed a Form 8-K with the SEC disclosing that the Company had determined that previously issued financial statements should no longer be relied upon due to errors which resulted in, among other things, a significant overstatement of revenue and understatement of net loss. The filing disclosed a number of errors, including “an error in the valuation of consideration received associated with an on-premise software sold and delivered to a customer,” as well as the “misclassification of revenue and costs in transactions in which the Company acted as an agent under ASC 606, Revenue from Contracts with Customers.” On this news, Veritone’s stock price fell $0.19, or 8%, to close at $2.09 per share on April 15, 2026.

If you are a Veritone investor and would like to learn more about this action,




CLICK HERE




or please contact Berger Montague: Andrew Abramowitz at




[email protected]




or (215) 875-3015, or Caitlin Adorni at




[email protected]




or (267) 764-4865.

About Berger Montague

Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

For more information or to discuss your rights, please contact:

Andrew Abramowitz

Berger Montague
(215) 875-3015
[email protected]

Caitlin Adorni

Berger Montague
(267)764-4865
[email protected]

MONSEY, N.Y., July 16, 2026 (GLOBE NEWSWIRE) — The Monsey law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Iridium Communications, Inc. (Nasdaq: IRDM) (“Iridium”) to Rocket Lab Corporation (“RKLB”) pursuant to which Iridium shareholders will receive $27.00 per share in cash, and a number of shares of RKLB common stock calculated pursuant to an exchange ratio (subject to a collar) for each share of Iridium common stock outstanding at the closing. The collar is banded from $67.50 to $112.50 per share. According to Iridium’s press release announcing the sale, the implied value of the consideration payable to Iridium stockholders is $54.00 per share.

Notably, on the Seeking Alpha investment website, one shareholder expressed disappointment, stating, “Would have expected a higher premium.”

Moreover, since the transaction was announced on June 29, 2026, RKLB’s stock price has fallen nearly 20%, dragging down Iridium’s stock price to $48.67 as of the close on July 15, 2026, well below the implied value of the transaction.

If you remain an Iridium shareholder and have concerns about the fairness of the proposed sale, you may contact our firm at the following link to discuss your legal rights at no charge:

https://wohlfruchter.com/cases/iridium-communications/

Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].

“We are investigating whether the Iridium Board of Directors acted in the best interests of Iridium shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the cash consideration and exchange ratio agreed upon are fair to Iridium shareholders, and whether all material information regarding the transaction has been fully disclosed. We encourage Iridium stockholders to contact us if they have any concerns.”

About Wohl & Fruchter

Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:

Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com

Vancouver, Canada, July 16, 2026 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq: CMND), a clinical-stage biotechnology company pioneering non‑hallucinogenic neuroplastogen‑derived treatments for Alcohol Use Disorder (AUD), addiction, and weight management, announced today compelling ex vivo mucoadhesion results for its intranasal formulation of MEAI (5‑Methoxy‑2‑aminoindane). Leveraging a nasal drug‑delivery system, the new formulation demonstrated markedly improved nasal residence characteristics compared with a standard MEAI solution.

Enhanced nasal retention is a critical step toward maximizing MEAI absorption and therapeutic potential. These results reinforce Clearmind’s strategy of developing differentiated, next‑generation treatments for AUD and other high‑need indications.

The study forms a core component of Clearmind’s intranasal MEAI development program, designed to overcome the limitations of rapid mucociliary clearance and deliver more consistent, effective dosing.

The study was conducted as part of Clearmind’s development program focused on the development of an intranasal formulation of MEAI for the treatment of AUD. A key objective of the program is to improve the residence time of MEAI within the nasal cavity, potentially increasing the opportunity for absorption before mucociliary clearance removes the formulation from the nasal surface.

Ex Vivo Nasal Residence Time Evaluation

The ex vivo mucoadhesion study was designed to evaluate the ability of its intranasal MEAI formulation to remain associated with nasal tissue over time compared with a non‑mucoadhesive MEAI solution. Using freshly isolated rabbit nasal mucosa, both formulations were applied to the tissue surface and allowed to interact with the mucosa before exposure to a simulated nasal electrolyte solution. The amount of formulation retained on the tissue was measured over a 30‑minute period to generate comparative residence time profiles.

The intranasal MEAI formulation consistently maintained a greater proportion of its initially adhered dose throughout the entire evaluation period, demonstrating a clear retention advantage over the reference solution.

These results highlight the contribution of the mucoadhesive polymer system incorporated into the intranasal MEAI formulation and provide further validation of Clearmind’s nasal drug‑delivery platform, which is engineered to increase formulation residence at mucosal surfaces and enhance overall delivery performance.

Extended residence time within the nasal cavity is widely recognized as a key factor in effective intranasal drug administration, as prolonged contact with the nasal mucosa increases the opportunity for absorption and may improve therapeutic efficiency. The observed retention profile suggests that Clearmind’s intranasal MEAI formulation may offer meaningful advantages over conventional non‑mucoadhesive approaches.

About Clearmind Medicine Inc.

Clearmind is a clinical-stage neuroplastogens pharmaceutical biotech company focused on the discovery and development of non-hallucinogenic, second generation, neuroplastogen-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods, or supplements.

The Company’s intellectual portfolio currently consists of nineteen patent families, including 32 granted patents. The Company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.

Shares of Clearmind are listed for trading on Nasdaq under the symbol “CMND.”

For further information, visit: https://www.clearmindmedicine.com or contact:

Investor Relations

[email protected]

www.Clearmindmedicine.com

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the potential of MEAI, the ability to improve the residence time of MEAI within the nasal cavity, potentially increasing the opportunity for absorption, the company’s intention to seek additional patents for its compounds whenever warranted and that it will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F for the fiscal year ended October 31, 2025 and subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Clearmind is not responsible for the contents of third-party websites.

BARTLETT, Tenn., July 16, 2026 (GLOBE NEWSWIRE) — SurgePays, Inc. (NASDAQ: SURG) (“SurgePays” or the “Company”), a wireless and fintech technology company connecting subprime and underserved consumers to essential mobile and financial services, today announced that Derron Winfrey, President of Sales and Operations at SurgePays, will speak on the featured C-Suite panel, “A Conversation with the C-Suite: The Next Era of Prepaid,” at All Wireless & Prepaid Expo 2026, the prepaid wireless industry’s premier annual event, taking place August 18-19 at Caesars Palace in Las Vegas.

Winfrey will join David Kim, Chief Revenue Officer of Verizon Value, and Daniel Barsoum, Chief Executive Officer of Qué Tal Móvil, for a discussion on the next era of prepaid wireless, including distribution, branding, digital strategy, dealer partnerships, and retail profitability. The panel will be moderated by Jeff Moore, Principal of Wave 7 Research.

At the event, LinkUp Mobile will debut a new dealer and Master Distributor compensation model designed to accelerate distribution growth and drive subscriber acquisition. The launch builds on SurgePays’ recently announced amendment to its wholesale carrier agreement, which is expected to lower subscriber acquisition and recurring service costs, supporting expanded operating margins as LinkUp Mobile scales.

“All Wireless & Prepaid Expo is the biggest event of the year for the prepaid wireless industry, and great timing for LinkUp Mobile. Our amended wholesale carrier agreement unlocked expanded margins we intend to leverage, and the new compensation model we are debuting in Las Vegas is built to incentivize Master Distributors to significantly grow the dealer network while at the same time incentivizing dealers to push more customers to LinkUp as recurring subscribers. We have waited until our favorite show to launch our comp plan that has been years in the making and designed to be unmatched in the prepaid wireless industry,” said Derron Winfrey, President of Sales and Operations at SurgePays.

SurgePays is a Silver Sponsor of All Wireless & Prepaid Expo 2026 and will exhibit at Booth #717 throughout the two-day event. Prospective Master Distributors, retail partners, and industry contacts can schedule a meeting with the SurgePays team by contacting [email protected].

About SurgePays, Inc.

SurgePays, Inc. (NASDAQ: SURG) is a wireless and fintech technology company focused on expanding access to essential mobile and financial services for subprime and underserved consumers. The Company operates a nationwide ecosystem that includes its own wireless brands, LinkUp Mobile and Torch Wireless, and a proprietary point-of-sale platform deployed in thousands of retail locations, enabling wireless activations, top-ups, financial transactions, and other digital services used daily by prepaid and subprime customers. Visit www.SurgePays.com for more information.

Cautionary Note Regarding Forward-Looking Statements

This press release includes express or implied statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Forward-looking statements involve substantial risks and uncertainties and generally relate to future events or our future financial or operating performance, including statements regarding expected cost savings, margin improvement, and the anticipated financial impact of the amendment described in this release. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” or similar terminology.

Although the Company believes the expectations reflected in these forward-looking statements are reasonable, they involve known and unknown risks and uncertainties that may cause actual results to differ materially from those described in the forward-looking statements. These risks include, but are not limited to, the Company’s ability to realize the anticipated cost benefits of the amendment, maintain its relationship with its network services provider, scale its prepaid wireless business, and achieve anticipated subscriber growth. Additional information regarding these and other risks can be found in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The forward-looking statements in this press release speak only as of the date they are made, and the Company undertakes no obligation to update them except as required by law.

Investor Relations Contact

[email protected]