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Elanco Receives USDA Approval for Befrena™ (tirnovetmab), a New Anti-IL31 Monoclonal Antibody Injection Targeting Canine Allergic and Atopic Dermatitis

PR Newswire

  • Elanco’s second dermatology product approval in less than 18 months in the estimated $1.3 billion U.S. canine dermatology market
  • Befrena has been shown to be effective for treatment of dogs of any age against canine atopic dermatitis and allergic dermatitis for 6 to 8 weeks of treatment, as needed
  • USDA approval of Befrena reinforces Elanco’s commitment to going beyond to deliver differentiated, high-quality products in every key therapeutic area, bolstering its leadership in canine dermatology and monoclonal antibodies (mAbs)
  • Canine allergic and atopic dermatitis is a widespread concern amongst veterinarians, with data revealing that nearly 98% of vets say they routinely treat dogs for atopic dermatitis and that itchy dogs make up nearly 20% of their patient populationi

INDIANAPOLIS, Ind., Dec. 31, 2025 /PRNewswire/ — Elanco Animal Health Incorporated (NYSE: ELAN) today announced its latest entry into the rapidly growing canine dermatology space with the U.S. Department of Agriculture (USDA) approval of Befrena™ (tirnovetmab), a new anti-IL31 monoclonal antibody (mAb) injection targeting canine allergic and atopic dermatitis. Importantly, Befrena is recommended at a dosing interval of 6 to 8 weeks post-treatment, which stands in contrast to the 4 to 8 weeks of the current market competitor, lokivetmab.

USDA approval of Befrena further demonstrates Elanco’s commitment to going beyond to deliver differentiated, high-quality products in every key therapeutic area, specifically bolstering its leadership in canine dermatology and monoclonal antibodies. Elanco continues to expect to launch Befrena in the first half of 2026.

The approval of Befrena marks Elanco’s second dermatology product approved in less than 18 months, as it joins Zenrelia™ (ilunocitinib tablets), an effective, convenient, and safe once-daily oral JAK inhibitor for control of itching and inflammation associated with skin allergies in dogs at least 12 months of age. In September, Elanco announced improvements to the U.S. Zenrelia label with the Food and Drug Administration (FDA) concluding “the totality of evidence supports removal of the risk of fatal vaccine-induced disease from modified live virus vaccines from the labelingii.”

The label Boxed Warning continues to advise discontinuation of Zenrelia for at least 28 days to 3 months prior to vaccination and withholding Zenrelia for at least 28 days after vaccination.

“The animal health sector is increasingly focused on antibody-based therapies, and today’s approval is an important step forward in delivering high-impact innovation that enhances the quality of life for pets,” said Dr. Ellen de Brabander, Executive Vice President of Research & Development at Elanco. “We are pleased to offer veterinarians and pet owners Befrena, which delivers long lasting relief to treat dogs with allergic itch.” 

Earlier this year Elanco launched the America’s Itchy Dogs Report, a first-of-its-kind report highlighting the impact itch has on dogs, their owners, and veterinarians. The report includes findings from multiple surveys of pet owners, as well as veterinarians, and reveals startling details on how badly dogs around the country are itching for relief and cost-effective, long-lasting solutions. According to the report, 9 in 10 dogs in the U.S. are “itchy dogs” according to their pet owners, having experienced symptoms of itchiness at some point in the year.iii Pet owners typically try many at-home solutions before finally seeking veterinary care. On average, pet owners spend about $400 on over-the-counter remedies and wait six weeks before taking their pet to the veterinarian. Veterinarians say that itchy dog owners wait too long before bringing their dog, resulting in raw and infected skin and also an irritated dog owner who wants their dog to experience relief quickly.iv Research shows that nearly 70% of veterinarians would be willing to stock another dermatology product in an effort to help more dogs find itch relief.v

“Veterinarians need more options for itch relief so they can offer targeted therapy that focuses on mode of action to meet the unique needs of the individual patient to deliver fast, effective and valuable itch relief,” said Dr. Griffin, veterinary dermatologist. “USDA approval of Befrena brings veterinarians a step closer to having another beneficial and safe treatment option. I’m excited to collaborate with Elanco and plan to offer this product in my practice when it becomes available.”

You can learn more about Befrena and sign up for future news and webinars at www.befrenaforvets.com.

ABOUT ELANCO
Elanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders and society as a whole. With 70 years of animal health heritage, we are committed to breaking boundaries and going beyond to help our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society and Our People. Learn more at www.elanco.com.

INDICATIONS
Zenrelia is a prescription medication used to control itching and inflammation associated with skin allergies for dogs over 12 months of age.

IMPORTANT SAFETY INFORMATION
Read the package insert, including the Boxed Warning, before using this drug. For full prescribing information speak with your veterinarian, call 1 888 545 5973 or visit www.elancolabels.com/us/zenrelia.

WARNING: INADEQUATE IMMUNE RESPONSE TO VACCINES. Based on results of the vaccine response study, dogs receiving Zenrelia are at risk of an inadequate immune response to vaccines. Discontinue Zenrelia for at least 28 days to 3 months prior to vaccination and withhold Zenrelia for at least 28 days after vaccination. Dogs should be up to date on vaccinations prior to starting Zenrelia. Do not use in dogs less than 12 months old or dogs with a serious infection. Dogs should be monitored for infections because Zenrelia may increase the chances of developing an infection. Neoplastic conditions (benign and malignant) were observed during clinical studies. The most common side effects were vomiting, diarrhea and tiredness. Zenrelia has not been tested in dogs used for breeding, pregnant, or lactating dogs and has not been evaluated in combination with glucocorticoids, cyclosporine, or other immune suppressive drugs.

Befrena, Zenrelia, Elanco and the diagonal bar logo are trademarks of Elanco or its affiliates. ©  2025 Elanco or its affiliates

i Elanco Animal Health. Data on File.
ii Zenrelia Supplemental FOI Summary
iii Elanco Animal Health. Data on File.
iv Elanco Animal Health. Data on File.
v AVMA Pet Ownership and Demographic Sourcebook 2022 and Elanco Animal Health. Data on File.

Investor Contact: Tiffany Kanaga (765) 740-0314 [email protected]
Media Contact: Season Solorio (765) 316-0233 [email protected]  

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/elanco-receives-usda-approval-for-befrena-tirnovetmab-a-new-anti-il31-monoclonal-antibody-injection-targeting-canine-allergic-and-atopic-dermatitis-302651357.html

SOURCE Elanco Animal Health

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Stride, Inc. Securities Fraud Class Action Result of Customer Experience Issues and +54% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

NEW YORK and NEW ORLEANS, Dec. 31, 2025 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until January 12, 2026 to file lead plaintiff applications in a securities class action lawsuit against Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN), if they purchased or otherwise acquired the Company’s securities between October 22, 2024 and October 28, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of Virginia.

What You May Do

If you purchased securities of Stride and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-lrn/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 12, 2026.

About the Lawsuit

Stride and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On September 14, 2025, it was reported that the Gallup-McKinley County Schools Board of Education had filed a complaint against the Company, alleging fraud, deceptive trade practices, systemic violations of law, and intentional and tortious misconduct, including inflating enrollment numbers by retaining “ghost students” on rolls to secure state funding per student and ignoring compliance requirements, including background checks and licensure laws for its employees. On this news, the price of Stride’s shares fell $18.60 per share, or 11.7%, to close at $139.76 per share on September 15, 2025.

Then, on October 28, 2025, the Company disclosed that “poor customer experience” had resulted in “higher withdrawal rates,” “lower conversion rates,” and had driven students away, and that the Company estimated the impact caused approximately 10,000-15,000 fewer enrollments and that, because of this, its outlook is “muted” compared to prior years. On this news, the price of Stride’s shares fell $83.48 per share, or more than 54%, to close at $70.05 per share on October 29, 2025.

The case is MacMahon v. Stride, Inc., et al., Case No. 25-cv-02019.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

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INSP CLASS ACTION DEADLINE: $42.04 Stock Drop at Inspire Medical Systems (INSP) Triggers Securities Fraud Lawsuit Over Concealed Medicare Billing Software Failures & Inspire V Inventory Glut

Partner Reed Kathrein Urges Investors to Contact Firm Before January 5, 2026 Lead Plaintiff Deadline

SAN FRANCISCO, Dec. 31, 2025 (GLOBE NEWSWIRE) — National investor rights law firm Hagens Berman alerts INSP investors to the pending securities class action lawsuit against Inspire Medical Systems, Inc. (NYSE: INSP). The firm is urging INSP investors who suffered substantial losses to contact its attorneys before the January 5, 2026, Lead Plaintiff Deadline. The lawsuit, which is currently pending in the U.S. District Court for the District of Minnesota, alleges that Inspire Medical and its executives misled investors by concealing critical operational failures surrounding the launch of its next-generation device, the Inspire V for obstructive sleep apnea.

Class Period: Investors who purchased Inspire Medical (INSP) securities between August 6, 2024, and August 4, 2025.

Lead Plaintiff Deadline:
January 5, 2026


Submit Your INSP Losses Now
: If you suffered a substantial loss on your INSP investment, you are encouraged to contact Hagens Berman Partner Reed Kathrein to discuss your legal rights:

Visit:

www.hbsslaw.com/investor-fraud/insp

Email:

[email protected]

Call:
844-916-0895

The Heart of the Inspire Medical Systems (INSP) Fraud Allegations

The securities class action complaint details how Inspire Medical allegedly assured investors of its “operational readiness” for the Inspire V launch, claiming it was ready “to throw the switch” for full commercial rollout. These assurances, the lawsuit contends, concealed fundamental failures that made a successful launch impossible, leading to a catastrophic guidance cut and stock crash.

The undisclosed operational issues that allegedly rendered the Company’s statements materially false and misleading include:

Alleged Concealment The Truth Allegedly Revealed on Aug. 4, 2025 Impact on Business/Stock
Medicare & Billing Readiness The necessary software updates for Medicare claims processing did not take effect until July 1, 2025, meaning implanting centers could not bill for procedures, stalling early adoption. Delayed Inspire V rollout and bottlenecked revenue generation.
Excess Inventory (Channel Glut) Customers and treatment centers held a significant surplus of the older Inspire IV device, impacting demand for the new Inspire V product and requiring an inventory “burn down.” The allegedly flawed Inspire V launch led Inspire to slash its 2025 EPS guidance by over 80%.
Training & Onboarding “Many centers” had not completed the essential training, contracting, and onboarding required to implant the new device. $42.04 per share drop and 32.4% decline in value.

Hagens Berman’s Investigation of the Alleged Claims

“Our focus remains on the alleged concealment of two critical points: the Medicare claims software failure and the inventory glut of the prior Inspire IV device,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation. “The suit alleges that Inspire’s stock collapse was the result of management allegedly prioritizing a narrative of seamless transition over operational reality.”

What You Can Do?: If you purchased Inspire Medical (INSP) securities during the Class Period, you may have legal options. If you wish to discuss your rights or have information that may assist our investigation, please contact Hagens Berman

If you’d like more information and answers to frequently asked questions about the Inspire case and our investigation, visit Hagens Berman’s INSP dedicated case page: www.hbsslaw.com/investor-fraud/insp »

Whistleblowers: Persons with non-public information regarding Inspire should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Contact:

Reed Kathrein, 844-916-0895



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Six Flags Entertainment Corporation Securities Fraud Class Action Result of Undisclosed Financial Problems and 63% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

NEW YORK and NEW ORLEANS, Dec. 31, 2025 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until January 5, 2026 to file lead plaintiff applications in a securities class action lawsuit against Six Flags Entertainment Corporation f/k/a CopperSteel HoldCo, Inc. (NYSE: FUN), if they purchased or otherwise acquired the Company’s common stock pursuant or traceable to the company’s registration statement and prospectus issued in connection with the July 1, 2024 merger of legacy Six Flags Entertainment Corporation (“Legacy Six Flags”) with Cedar Fair, L.P. (“Cedar Fair”), and their subsidiaries and affiliates (the “Merger”). This action is pending in the United States District Court for the Northern District of Ohio.

What You May Do

If you purchased shares of Six Flags as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-fun/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 5, 2026.

About the Lawsuit

Six Flags and certain of its executives are charged with failing to disclose material information in the registration statement for the Merger, violating federal securities laws.

Specifically, the Registration statement failed to disclose that (i) despite the Company’s claims that it had pursued transformational investment initiatives in the years leading up to the Merger, Legacy Six Flags in fact suffered from chronic underinvestment and its parks required millions of dollars in additional capital and operational expenditures above the company’s historical cost trends in order to maintain or grow Legacy Six Flags’ share in the intensely competitive amusement park market; (ii) following defendant Selim Bassoul’s appointment as CEO in November 2021, the company implemented aggressive cost-cutting measures, including significant reductions in employee headcount, which materially degraded operational competence and guest experience; (iii) as a result, Legacy Six Flags required a substantial and undisclosed capital infusion to stabilize and revitalize its business, and these acute capital needs fundamentally undermined the rationale for the Merger as presented in the registration statement.

On the Merger closing date, July 1, 2024, Six Flags stock traded above $55 per share. The price of Six Flags stock subsequently fell as low as $20 per share, a nearly 64% decline.

The case is City of Livonia Employees’ Retirement System v. Six Flags Entertainment Corporation, No. 25-cv-02394.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn



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Sprouts Farmers Market, Inc. Securities Fraud Class Action Result of Undisclosed Financial Problems and 26% Stock Decline – Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

NEW YORK and NEW ORLEANS, Dec. 31, 2025 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until January 26, 2026 to file lead plaintiff applications in a securities class action lawsuit against Sprouts Farmers Market, Inc. (“Sprouts” or the “Company”) (NasdaqGS: SFM), if they purchased or otherwise acquired the Company’s securities between June 4, 2025 and October 29, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of Arizona.

What You May Do

If you purchased securities of Sprouts and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-sfm/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 26, 2026.

About the Lawsuit

Sprouts and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On October 29, 2025, the Company announced its third quarter fiscal 2025 results, disclosing comparable stores sales growth below expectations as well as disappointing fourth quarter guidance and cuts to its full year estimates, despite raising them only one quarter prior, due to “challenging year-on-year comparisons as well as signs of a softening consumer.”

On this news, the price of Sprouts’ shares fell from a closing market price of $104.55 per share on October 29, 2025 to $77.25 per share on October 30, 2025, a decline of about 26.11% in the span of just a single day.

The case is Singh Family Revocable Trust u/a dtd 02/18/2019 v. Sprouts Farmers Market, Inc., et al., No. 25-cv-04416.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn



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FCHL to Hold Extraordinary General Meeting on January 23, 2026

SINGAPORE, Dec. 31, 2025 (GLOBE NEWSWIRE) — Fitness Champs Holdings Limited (“Fitness Champs Holdings”, “FCHL” or the “Company”) (NASDAQ: FCHL), a distinguished aquatic sports education provider in Singapore, will hold an Extraordinary General Meeting of Shareholders (the “EGM”) at 7030 Ang Mo Kio Street, Avenue 5, #04-48, North Star@AMK, Singapore at 10 a.m. (Singapore Time) on January 23, 2026 (9 p.m. Eastern Standard Time on January 22, 2026).

Holders of the Company’s ordinary shares listed in the register of members of the Company at the close of business on December 30, 2025 (Singapore Time) are entitled to receive notice of, and vote at, the EGM or at any adjournment or postponement that may take place.

Copies of the Notice of the EGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at https://FCHLworks.com.sg and on the SEC’s website at www.sec.gov.

About Fitness Champs Holdings Limited

Fitness Champs Holdings Limited is a distinguished aquatic sports education provider, offering general swimming lessons to children and adults, with ladies-only swimming lessons available, as well as aquatic sports classes such as water polo, competitive swimming and lifesaving. The Company is one of the largest providers of swimming lessons to children enrolled in public schools under the Ministry of Education of Singapore in Singapore through the SwimSafer program, and has been offering private swimming lessons to children, youths and adults under its brand “Fitness Champs” since 2012. The Company aims to make swimming an enjoyable and affordable sport for children and adults, for water safety and as a way of keeping fit and healthy. Fitness Champs also plans to grow into a diversified sports education provider by expanding its offerings to include other sports such as pickleball. For more information, please visit the Company’s website at https://ir.fitnesschamps.sg/.

For investor and media inquiries, please contact:

Email: [email protected]



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PG&E Donates $1 Million to Local Food Banks to Feed Families

PR Newswire

Contribution is Third this Year as Need Rises

OAKLAND, Calif., Dec. 31, 2025 /PRNewswire/ — Just in time for the holidays, Pacific Gas and Electric Company (PG&E) is contributing $1 million to local food banks to help feed the growing number of individuals and families struggling to put food on the table.

The PG&E funding will provide the equivalent of approximately 3 million meals for individuals and families. It will support 38 food banks representing 47 counties in PG&E’s Northern and Central California service area.

It is the third contribution to food banks since September from PG&E or The PG&E Corporation Foundation (the PG&E Foundation), bringing the total for community food support this year to $2.37 million. Funding for these charitable contributions comes from PG&E shareholders, not PG&E customers.

Officials with the California Association of Food Banks said that food banks are facing record-breaking demand, the highest since the pandemic.

“California food banks experienced an unexpected surge with the [federal government] shutdown this fall. So, we reached out for help on their behalf and PG&E responded,” said Stacia Levenfeld, Chief Executive Officer of California Association of Food Banks. “Their $1 million gift to food banks throughout Northern and Central California will have a meaningful impact on the lives of millions of people this holiday season and help food banks continue their critical work in our communities.”

“We are grateful to help local food banks fulfill their mission during this time of increasing demand, especially as more families and seniors are struggling through the holiday season. Our longstanding partnership with the California Association of Food Banks supports the safety net that is our local food banks,” said Carla Peterman, Executive Vice President, Corporate Affairs, PG&E Corporation and Chair of The PG&E Corporation Foundation Board.

2025 Support for Food Banks

In September, the PG&E Foundation awarded $1.12 million to support local food banks, tribal food banks and senior meal programs. In November, the PG&E Foundation donated $250,000 to the California Association of Food Banks’ Emergency Response Fund.

According to the California Association of Food Banks, while California produces nearly half of the nation’s fruits and vegetables, more than one in five residents do not know where their next meal will come from. Communities of color face even higher levels of food insecurity.

Grant amounts that will be awarded to local organizations account for county poverty and unemployment levels, using the California Department of Social Services’ formula, to promote equity among counties with higher need.

About The PG&E Corporation Foundation
The PG&E Corporation Foundation is an independent 501(c)(3) nonprofit organization, separate from PG&E and sponsored by PG&E Corporation.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pge-donates-1-million-to-local-food-banks-to-feed-families-302651003.html

SOURCE Pacific Gas and Electric Company

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Independent Bank Corporation Announces Date for Its Fourth Quarter 2025 Earnings Release

GRAND RAPIDS, Mich., Dec. 31, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 fourth quarter results on Thursday, January 22, 2026, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website.

Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, January 22, 2026.

To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: https://register-conf.media-server.com/register/BIda5dc0f6055c4175bbaa1e1fddbc12fa

In order to view the webcast and presentation slides, please go to https://edge.media-server.com/mmc/p/f4iidb88 during the time of the call. A replay of the webcast will be available until January 22, 2027.


About Independent Bank Corporation

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.5 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan’s Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments, insurance and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

For more information, please visit our website at: IndependentBank.com.

Contact: William B. Kessel, President and CEO, 616.447.3933
Gavin A. Mohr, Chief Financial Officer, 616.447.3929
   



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Globavend Holdings Limited Announces Pricing of $1.4 Million Registered Direct Offering

PERTH, AUSTRALIA, Dec. 31, 2025 (GLOBE NEWSWIRE) — Globavend Holdings Limited (“Globavend” or the “Company”) (NASDAQ: GVH), an emerging e-commerce logistics provider, announced the pricing of a public offering with gross proceeds to the Company of approximately $1.4 million, before deducting placement agent fees and other estimated expenses payable by the Company.

The offering is comprised of 889,359 of the Company’s ordinary shares or pre-funded warrants to purchase ordinary shares. The effective purchase price per ordinary share is $1.60.

The Company intends to use the net proceeds from this offering for working capital and general corporate purposes. The offering is expected to close on January 2, 2026.

Univest Securities, LLC is acting as sole placement agent for the offering.

The securities described above are being offered by the Company pursuant to a registration statement on Form F-3 (File No. 333-290675) (the “Registration Statement”) previously filed and declared effective by the Securities and Exchange Commission (the “SEC”). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. The offering is being made only by means of a prospectus which is a part of the Registration Statement. A final prospectus relating to the offering will be filed with the SEC and, once filed, will be available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to this offering may be obtained, when available, by contacting Univest Securities, LLC at [email protected], or by calling +1 (212) 343-8888.

About Globavend Holdings Limited

Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery.

Forward-Looking Statements

This press release may contain “forward
‐
looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs and assumptions and on information currently available to management of the Company. All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding the completion and timing of the offering, the anticipated total gross proceeds from the offering and the uses thereof. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties related to global economic or market conditions, changes in our operating plans or funding requirements, satisfaction of customary closing conditions related to the offering and the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended September 30, 2024, and subsequent reports that the Company files with the SEC. Forward-looking statements represent the Company’s beliefs and assumptions only as of the date of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Except as required by law, the Company assumes no obligation to publicly update any forward
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looking statements for any reason after the date of this press release to conform any of the forward-looking statements to actual results or to changes in its expectations.

Company Info:

Globavend Holdings Limited

Wai Yiu Yau, Chairman and CEO

[email protected] 61 8 6141 3263



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Community Resilience, Company Action: Progress in Wildfire Recovery

Community Resilience, Company Action: Progress in Wildfire Recovery

Community input shaped a voluntary program that provides fast, fair relief

ROSEMEAD, Calif.–(BUSINESS WIRE)–
As 2025 draws to a close, communities across Southern California continue to show extraordinary resilience following January’s devastating Palisades and Eaton fires. Families, neighbors and community organizations have come together to support one another, demonstrating a spirit that has defined the recovery. Southern California Edison stands with these communities, helping community members rebuild. SCE is also delivering direct compensation to eligible community members affected by the Eaton Fire through its Wildfire Recovery Compensation Program.

The comprehensive, voluntary direct claims initiative is designed to deliver fair resolutions and fast compensation to eligible individuals and businesses without the uncertainty of lengthy litigation. Since its launch in October, and as of December 31:

  • 1,748 claims submitted

  • 51 offers extended totaling $21.98 million, with no offers declined

  • 27 claims payments made, consisting of 48 individual payments, well in advance of program timelines, reflecting SCE’s commitment to swift, meaningful relief

  • 22% of claims submitted by plaintiffs’ attorneys

“Witnessing the resilience across our communities is inspiring,” said Pedro J. Pizarro, president and CEO of Edison International, SCE’s parent company. “Through the Wildfire Recovery Compensation Program, community members don’t have to wait for the final conclusions in the Eaton Fire investigation to get the financial support they need to begin rebuilding.”

Compensation Program: Community Voices at the Core

Before launching the program in the fall, SCE held more than a dozen listening sessions with community members, public officials and legal representatives to seek feedback on the draft program details. Over 1,000 participants shared their feedback and offered ideas.

As a result, more than 50 updates were made, from expanding eligibility to simplifying documentation requirements. Dialogue has continued after the program’s launch to educate and connect with eligible community members, with SCE-hosted community meetings and workshops, town halls and engagements with community organizations.

Compensation Program: Fair and Fast

SCE worked with Kenneth R. Feinberg and Camille S. Biros — renowned experts in compensation fund design and administration — on program design. Their experience and compassion helped shape a process that prioritizes speed and equity.

When the program launched on Oct. 29, SCE committed to processing claims quickly and delivering payments fast.

  • Claimants receive a settlement offer within 90 days of a substantially complete claim. To date, SCE has provided dozens of offers well in advance of the 90 days.

  • Payments are made within 30 days after all conditions have been satisfied in the settlement agreement, including SCE’s receipt of it — signed and notarized.

  • If a claim requires analysis beyond the Fast Pay option, a Detailed Review is available.

“In recent weeks, we’ve seen real progress as more people access the support available to them,” Pizarro noted.

Participation in the program is entirely voluntary, and claimants are not obligated to accept any settlement offered. On average, completing the claim form takes just over 90 minutes, and assistance is available by calling 888-912-8528.

The program includes owner and tenant claims for total and partial structure loss, commercial property loss, business interruption, non-burn damage (such as smoke, soot or ash), physical injury and loss of life. A direct claim premium is offered to incentivize participation in the program, and a 10% adder is available to cover attorneys’ fees (excluding the direct claim premium).

From now through Nov. 30, 2026, claims can be submitted through a secure, dedicated website. Access detailed guidance, sample offers, and frequently asked questions in English and Spanish, and submit a claim, via the Wildfire Recovery Compensation Program web page.

Rebuilding Together

As part of SCE’s commitment to long-term recovery, the company is investing in infrastructure improvements that will help protect against future wildfires and support growth in Southern California. This includes plans to underground about 153 distribution circuit miles in and around Altadena and Malibu and upgrade critical infrastructure to meet increasing customer demand. In 2025, 40 miles were undergrounded throughout SCE’s service area, with 19.3 completed in the Malibu area and three in the Altadena community.

SCE also continues to deploy advanced grid technologies — such as automation — to enhance equipment maintenance, isolate disruptions and restore service faster.

Update on Eaton Fire Investigation

Following the unprecedented circumstances that preceded the tragic Eaton Fire, SCE began its investigation in January with aerial and on-site inspections. The company continues to conduct close-up equipment testing in coordination with local authorities and stakeholders.

Based on currently available information about the ignition of the Eaton Fire, it is likely that SCE equipment could have been associated with the ignition, and induction of the idle line remains a viable explanation. To date, SCE is not aware of evidence pointing to another plausible source of ignition. While the investigation is ongoing, the company is focusing on compensation and recovery now — taking action to support people and help communities move forward.

“Our commitment is to continue connecting people with the resources they need so they can rebuild and thrive,” said Pizarro.

About Southern California Edison

An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

Media Relations: 626-302-2255, [email protected]

Investor Relations: Sam Ramraj, 626-302-2540

FOR THE WILDFIRE RECOVERY COMPENSATION PROGRAM: Feinberg/Biros: Amy Weiss, 202-203-0448, [email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Philanthropy Utilities Environment Natural Disasters Fund Raising Energy Foundation

MEDIA:

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