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Lianhe Sowell Debuts on Nasdaq, Accelerating Business Growth Ambitions and Industry Revolution

SHENZHEN, China, April 03, 2025 (GLOBE NEWSWIRE) — Lianhe Sowell International Group Ltd (NASDAQ: LHSW), a company providing machine vision solutions, officially went public on the Nasdaq stock exchange on April 3, 2025, raising total gross proceeds of $8 million. Leveraging its proprietary industrial machine vision technologies, coupled with a clear strategic roadmap, the company hopes to accelerate its expansion into the burgeoning upgrade of equipment across key industries, such as automotive, biopharmaceutical, logistics, aerospace, and shipbuilding.

Technological Excellence Anchored in Innovation

Serving industrial clients for more than 17 years, Lianhe Sowell’s achievements in the industrial machine vision sector is rooted in its nine foundational technologies, which integrate advanced algorithms and hardware-software synergies to deliver precision-driven solutions. The company’s core expertise spans:

  • Image Processing Technology: Enabling micron-level defect detection in electronics manufacturing through real-time analysis of surface imperfections, achieving accuracy down to 0.1mm with inspection speeds as rapid as 0.5 second.
  • Sound Imaging Technology: Deploying phased-array principles to map spatial sound fields, enhancing safety monitoring in industrial settings by detecting anomalies like equipment malfunctions or hazardous noises.
  • Video Analysis and Recognition Technology: Utilizing neural networks for real-time behavior analysis in high-risk environments, such as identifying safety violations in chemical plants or optimizing traffic flow via intelligent transportation systems.
  • Nine-Axis Robotic Integration: Combining machine vision with agile 6-axis robotics for applications like automotive spray painting, the company’s flagship Nine-Axis Linkage Spray Painting Robots achieve great precision. The technology’s versatile capabilities can potentially be applied to various industrial spray-painting scenarios, enabling automation across multiple production processes.

Strategic Growth Fueled by US IPO Proceeds

The company’s recent US IPO has injected critical capital to accelerate its growth roadmap. A significant portion of the proceeds is earmarked for scaling production of its Nine-Axis robots, which will contribute to the plan to complete the set-up and assembling of the robot production line. This planned facility aims to produce 4,000 – 8,000 robotic units annually by 2028, targeting the automotive repair industry and adjacent sectors like welding and polishing.

In addition, Lianhe Sowell also plans to use proceeds raised from the IPO to invest in its machine vision business including industrial machine vision, face recognition, AI behavior analysis, weak current intelligence and electronic customs clearance, in order to fund research and development of new products and market expansion, according to its filing.

Financial Strengths and Future Expansion

Lianhe Sowell’s IPO marks a pivotal step in its development. The company has demonstrated robust financial performance, sustaining rapid growth during the fiscal year ended March 31, 2024. From March 2023 to March 2024, it achieved revenue of $36.6 million, reflecting a 180% year-over-year increase, while net income grew by 75% over the same period.

Post-IPO, Lianhe Sowell plans to allocate 45% of the offering proceeds to expand its spray-painting robot business, including the preliminary installation of production equipment and machineries of an in-house production and assembly line for production of Nine-Axis Linkage Spray Painting Robots. The company will also expand its technical and commercial teams to maintain its leadership in China’s industrial vision robotics and meet the surging demand in the automotive aftermarket for automation solutions.

Company: Lianhe Sowell International Limited
Contact Person: Iris Wu
Email: [email protected]
Website: http://www.sowellrobot.com/
Telephone: +86 19154951787
City: Shenzhen, China

Photos accompanying this announcement are available at : 
https://www.globenewswire.com/NewsRoom/AttachmentNg/96234652-530e-4c47-b398-10a630316c24

https://www.globenewswire.com/NewsRoom/AttachmentNg/f83e5629-cc2c-46c4-ba70-8f73073c5f60



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Gold Resource Corporation Announces 2024 Drill Results

Gold Resource Corporation Announces 2024 Drill Results

New Vein System With Higher Grades Adds to Future Potential

DENVER–(BUSINESS WIRE)–
Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce a summary of the 2024 exploration drill results at the Companies Don David Gold Mine (“DDGM”) in Oaxaca, Mexico.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250403205919/en/

Cross-section looking northwest at the North Arista, Three Sisters and Switchback vein systems with 2024 drill holes.

Cross-section looking northwest at the North Arista, Three Sisters and Switchback vein systems with 2024 drill holes.

“We are excited to share the positive results of our 2024 exploration drilling program that indicate that the Three Sisters and Gloria vein systems will be significant contributors to our future resource at Don David,” stated Allen Palmiere. “The discovery and definition of the system is exciting and is a testament to our team’s dedication and expertise. These new vein systems have the potential to not only add to our resource potential but to also will enhance our bottom line with improved accessibility and reduced production costs. Underground development has recently intersected the system and the sample results thus far have confirmed the previous drill results. We remain committed to developing this system into the future mine plan and further advancing our exploration efforts with the goal of maximizing shareholder value and organic growth.”

2024 EXPLORATION SUMMARY

The 2024 exploration drill program focused on underground infill and expansion drilling within the Three Sisters and Gloria vein systems as well as in veins of the North Arista system. Significant vein widths and grades identified through drilling have reinforced the emergence of the Three Sisters and Gloria systems as a major third vein system at DDGM, located between and north of the Arista and Switchback systems. The program yielded encouraging results, which were included in the updated S-K 1300 Technical Report Summary for DDGM released on March 5, 2025 (the “Report”), further demonstrating the potential of these vein systems.

The Company believes that the mine has significant potential to generate positive cash flow from the new areas of Three Sisters and Gloria, as well as other areas that have been discovered near the existing mining zones. These new vein systems offer easily accessible resources, situated close to the current mine portal and at significantly higher elevations than current production areas. The location of these vein systems should result in reduced haulage costs and reduced total production costs. In order to develop access and better define these new areas, an investment must be made in additional equipment and development.

2024 Drill Results: The exploration program included 23 underground infill and expansion drill holes, totaling 7,671 meters of diamond drilling at DDGM. Notable high-grade intersections were identified, advancing our exploration objectives by confirming the continuity and quality of polymetallic mineralization up-dip and along strike. The program confirmed and upgraded mineral resources from previous drilling campaigns within the Three Sisters and Gloria vein systems as well as in veins of the North Arista system. The Company expects to conduct additional exploration development in 2025 to enable further infill and expansion drilling to the northwest of the current defined vein extents in the Three Sisters/Gloria zone.

Below are select 2024 exploration infill drill results, including Gold Equivalent1 (“AuEq”) and Net Smelter Return2 (“NSR”) values from the Three Sisters and Gloria vein systems. All drill hole length composites are presented as Estimated True Widths3 (“ETW”) in meters.

  • Hole No. 524001: Sandy 1 vein

    • 6.85 m with 3.40 g/t AuEq and NSR value of $242/t
      • Includes: 2.07 m with 6.71 g/t AuEq and NSR value of $476/t
  • Hole No. 524005: Sandy 2 vein

    • 4.70 m with 15.53 g/t AuEq and NSR value of $966/t
      • Includes: 2.01 m with 21.08 g/t AuEq and NSR value of $1,298/t
  • Hole No. 524005: Gloria vein

    • 3.00 m with 7.67 g/t AuEq and NSR value of $535/t
      • Includes: 1.22 m with 16.47 g/t AuEq and NSR value of $1,142/t
  • Hole No. 524008: Gloria vein

    • 12.30 m with 4.77 g/t AuEq and NSR value of $348/t
      • Includes: 3.71 m with 6.17 g/t AuEq and NSR value of $487/t
  • Hole No. 524011: Sandy 1 vein

    • 8.03 m with 1.04 g/t AuEq and NSR value of $152/t
      • Includes: 4.58 m with 1.35 g/t AuEq and NSR value of $199/t
  • Hole No. 524011: Sandy 2 vein

    • 3.89 m with 6.22 g/t AuEq and NSR value of $435/t
      • Includes: 3.13 m with 9.20 g/t AuEq and NSR value of $632/t
  • Hole No. 524015: Sadie 2 vein

    • 6.00 m with 5.53 g/t AuEq and NSR value of $405/t
      • Includes: 3.14 m with 9.70 g/t AuEq and NSR value of $691/t
  • Hole No. 524027: Sadie 2 vein

    • 4.48 m with 16.65 g/t AuEq and NSR value of $1,073/t
      • Includes: 1.01 m with 36.10 g/t AuEq and NSR value of $2,314/t
  • Hole No. 524031: Sandy 2 vein

    • 8.72 m with 5.03 g/t AuEq and NSR value of $347/t
      • Includes: 1.39 m with 25.09 g/t AuEq and NSR value of $1,667/t
  • Hole No. 524042: Sadie 2 vein

    • 5.33 m with 10.26 g/t AuEq and NSR value of $666/t
      • Includes: 1.98 m with 13.77 g/t AuEq and NSR value of $893/t
__________________________

1

Gold Equivalent (“AuEq”) g/t is calculated using only gold and silver grades using an Au:Ag ratio of 89:11 and metal prices of y $2,760/oz gold and $31oz silver.

2

Net Smelter Return (“NSR”) is a calculated value of the estimated net revenues per tonne less transportation and refining costs and other miscellaneous payables. The NSR values calculated utilize metal price estimates of $2,760/oz gold, $31/oz silver, $4.15/lb copper, $0.89/lb lead and $1.31/lb zinc.

3

Estimated True Width (“ETW”) for reported vein intercepts are based on 3D models of the individual veins. Estimates are determined in cross-section by measuring the modelled vein thickness perpendicular to the vein margins and through the midpoint of the drill hole intercept. Differences between individual ETW’s and downhole interval lengths will vary between drill holes, depending on drill hole inclination, variations in vein strike and dip, and overall geometries of the different vein systems.

Three Sisters and Gloria Vein Systems

Initial drill intercepts into what is now referred to as the Three Sisters vein system were made in 2017 from underground drill stations in the Arista vein system while targeting northern extensions of veins in the Switchback system. Significant progress in defining this third vein system at DDGM occurred in 2022 and 2023, thanks to targeted underground exploration drilling guided by geologic re-interpretation. In 2024, the geologic model for the Three Sisters and Gloria vein systems was refined and improved using all available underground drill data in preparation for the 2024 year-end resource update.

The Three Sisters and Gloria vein systems remain open to the northwest, up-dip and at depth. Positive results to date have guided the direction of both infill and expansion (step-out) drill programs at DDGM.

Mine Development – Three Sisters

In December 2024, DDGM commenced drift development to access the Three Sisters vein system. The development on Level 4 has successfully intersected the Sandy 1 and Sandy 2 veins, revealing widths of up to 7.5 meters within a complex of colloform banded, hydrothermal breccia quartz veins. Detailed production channel sampling of these veins has confirmed high-grade results, with individual samples returning up to 44.23 AuEq and $2,780/t NSR4.

__________________________

4

Individual production channel sample of 0.8 m width. Assays by Corporacion Quimica Platinum S.A. de C.V., Guanajuato, Mexico, an independent laboratory accredited by the Mexican Accreditation Entity, A.C. (Entidad Mexicana de Acreditacion, A.C. (EMA)).

Life of Mine Plan

The 2024 year-end estimates of Mineral Reserves and Mineral Resources included in the report are the base of DDGM’s Life of Mine (“LOM”) plan. Conceptual stopes were created using Deswik Stope Optimizer software, applying a $120/t NSR cut-off grade. These stopes were then integrated into mine designs and schedules within Deswik to obtain the updated LOM plan. All stopes were evaluated for economic viability, with non-viable stopes excluded from the plan.

As of year-end 2024, measured and indicated Mineral Resources have a conversion rate of 88% to the LOM plan while inferred Mineral Resources have a conversion rate of 74%, resulting in a total average conversion rate of 80% of estimated Mineral Reserves and Mineral Resources.

Compared to the 2023 LOM plan, the 2024 LOM plan reflects a 10% increase in estimated Mineral Resources, primarily driven by a 307% increase of Mineral Resources in the Three Sisters area. Conversely, the Arista and Switchback areas show a decrease in Mineral Resources due to depletion. Additionally, some of the observed increase can be attributed to higher metal prices used in the NSR calculations.

 

Total Resource in LOM

  
 

Category

YE 2024

Tonnes

Conversion Rate

%

  
 

Measured & Indicated

1,322,000

88

 
 

Inferred

1,838,000

74

 
 

TOTAL

3,160,000

80

  

Measured and Indicated Resource in LOM

Zone

YE 2023

Tonnes

YE 2024

Tonnes

Difference

Tonnes

%

Arista

505,356

421,770

(83,586)

-17

Switchback

500,260

218,770

(281,722)

-56

Three Sisters

57,890

526,152

468,262

809

TOTAL

1,063,506

1,166,460

102,954

10

Inferred Resource in LOM

Zone

YE 2023

Tonnes

YE 2024

Tonnes

Difference

Tonnes

%

Arista

297,180

414,054

116,874

39

Switchback

219,069

285,658

66,589

30

Three Sisters

234,014

662,749

428,735

183

TOTAL

750,263

1,362,461

612,198

82

All Resource in LOM

Zone

YE 2023

Tonnes

YE 2024

Tonnes

Difference

Tonnes

%

Arista

802,536

835,824

33,288

4

Switchback

719,329

504,196

(215,133)

-30

Three Sisters

291,904

1,188,901

896,997

307

TOTAL

1,813,769

2,528,921

715,152

39

NI43-101 Technical Report for Don David Gold Mine filed on SEDAR+

As per Canadian securities laws, the Company is pleased to announce that following the release of the Report, the Company has filed a corresponding National Instrument 43-101 Technical Report for DDGM (the “43-101 Report”). The qualified persons for purposes of the 43-101 Report are the same individuals named in the Company’s March 5, 2025 news release who prepared the S-K 1300 Technical Report. The 43-101 Report is available for review on SEDAR+ at www.sedar.com

Select 2024 Infill and Expansion Drill Results5 – Three Sisters, Goria and North Arista Vein Systems
 

HOLE

 VEIN FROM TO INTERVAL ETW* AU AG AuEq CU PB ZN NSR

ID

 (m) (m) (m) (m) ( g/t ) ( g/t ) (g/t) ( % ) ( % ) ( % ) ($/t)

524001

Sadie 2

291.55

294.22

2.67

2.63

1.47

60

2.14

0.06

0.18

0.43

130

 

Incl.

293.00

294.22

1.22

1.20

2.68

76

3.53

0.12

0.36

0.86

215

524001

Sandy 1

298.87

305.82

6.95

6.85

1.51

168

3.40

0.17

0.97

2.01

242

 

Incl.

303.72

305.82

2.10

2.07

2.41

383

6.71

0.38

1.69

3.39

476

524005

Sandy 2

338.57

343.54

4.97

4.70

14.13

125

15.53

0.32

2.83

7.13

966

 

Incl.

338.57

340.69

2.12

2.01

18.55

226

21.08

0.40

3.77

8.15

1,298

524005

Sasha 2

351.61

355.82

4.21

3.65

2.22

31

2.56

0.12

0.98

2.70

187

 

Incl.

352.79

355.12

2.33

2.02

3.32

35

3.71

0.15

1.30

3.85

267

524005

Gloria

365.78

369.70

3.92

3.00

0.86

607

7.67

0.38

1.09

2.42

535

 

Incl.

365.78

367.37

1.59

1.22

1.79

1309

16.47

0.72

2.30

5.06

1,142

524008

Sandy 2

287.44

295.48

8.04

3.35

1.85

155

3.59

0.03

0.09

0.23

213

 

Incl.

292.24

294.75

2.51

1.04

5.14

245

7.89

0.04

0.15

0.31

453

524008

Gloria

317.73

330.07

12.34

12.30

3.97

71

4.77

0.29

2.27

4.15

348

 

Incl.

322.47

326.19

3.72

3.71

5.16

90

6.17

0.25

5.09

6.85

487

524008

Splay Gloria

385.65

391.78

6.13

2.59

1.55

30

1.89

0.22

0.83

3.68

166

 

Incl.

387.63

389.40

1.77

0.75

3.44

36

3.84

0.24

0.59

2.76

257

524011

Sandy 1

335.62

346.10

10.48

8.03

0.60

40

1.04

0.17

2.35

4.93

152

 

Incl.

338.93

344.91

5.98

4.58

0.83

47

1.35

0.19

3.14

6.60

199

524011

Sandy 2

347.16

353.38

6.22

3.89

5.86

33

6.22

0.24

1.62

6.18

435

 

Incl.

349.44

353.38

3.94

3.13

8.72

42

9.20

0.32

2.36

8.51

632

524011

Sasha 2

357.83

361.67

3.84

3.24

1.67

32

2.02

0.16

1.34

3.47

174

 

Incl.

360.08

361.67

1.59

1.34

2.97

50

3.53

0.19

2.40

6.04

299

524015

Sadie 2

324.72

331.64

6.92

6.00

1.36

372

5.53

0.60

1.06

2.63

405

 

Incl.

325.88

329.50

3.62

3.14

2.10

677

9.70

0.87

1.54

3.73

691

524022

Sandy 1

241.28

245.85

4.57

2.94

0.73

257

3.61

0.15

0.44

1.05

245

 

Incl.

242.33

243.50

1.17

0.75

0.54

321

4.14

0.17

0.56

1.38

287

524022

Sandy 2

255.72

259.58

3.86

2.48

0.61

233

3.23

0.15

0.51

1.18

224

 

Incl.

258.61

259.58

0.97

0.62

1.28

362

5.34

0.13

0.74

1.78

360

524024

Gloria

248.86

254.31

5.45

3.86

1.48

39

1.92

0.44

2.64

9.89

272

 

Incl.

250.27

253.00

2.73

1.93

2.10

35

2.49

0.44

3.31

14.66

366

524027

Sadie FW

142.61

146.00

3.39

2.60

0.26

364

4.35

0.01

0.05

0.13

276

 

Incl.

145.41

146.00

0.59

0.45

0.21

769

8.84

0.01

0.15

0.27

564

524027

Sadie 2

261.99

267.16

5.17

4.48

2.08

1299

16.65

0.32

0.63

1.53

1,073

 

Incl.

266.00

267.16

1.16

1.01

3.01

2950

36.10

0.81

0.44

1.44

2,314

524027

Sandy 1

270.22

272.87

2.65

2.29

0.85

435

5.73

0.23

0.33

0.84

378

 

Incl.

271.15

272.25

1.10

0.95

1.34

793

10.24

0.45

0.64

1.69

681

524029

Sadie HW

217.00

219.75

2.75

2.25

0.61

310

4.09

0.04

0.09

0.25

259

 

Incl.

218.11

219.75

1.64

1.34

0.89

438

5.80

0.05

0.14

0.36

367

524029

Sadie 2

295.68

297.92

2.24

1.93

0.21

363

4.28

0.01

0.11

0.37

275

 

Incl.

297.10

297.92

0.82

0.71

0.56

963

11.36

0.03

0.29

0.92

730

524031

Sandy 2

302.92

315.17

12.25

8.72

1.69

298

5.03

0.24

0.96

2.08

347

 

Incl.

302.92

304.73

1.81

1.39

4.80

1809

25.09

0.55

3.32

5.53

1,667

524033

Splay Gloria

295.29

302.06

6.77

4.35

0.45

42

0.91

1.18

1.37

2.97

153

 

Incl.

297.90

300.16

2.26

1.45

0.26

50

0.82

1.70

1.81

3.21

178

524034

Splay Gloria FW

459.64

466.03

6.39

5.53

0.19

28

0.50

0.12

0.85

5.65

112

 

Incl.

459.64

461.76

2.12

1.83

0.47

37

0.88

0.23

1.63

7.44

168

524037

Sandy 1

334.70

336.93

2.23

1.83

1.07

288

4.29

0.05

0.08

0.12

266

 

Incl.

334.70

335.67

0.97

0.80

2.26

504

7.91

0.02

0.07

0.15

481

524037

Sandy 2

339.75

342.91

3.16

2.24

0.57

461

5.74

0.06

0.14

0.30

365

 

Incl.

340.96

342.91

1.95

1.38

0.89

733

9.12

0.06

0.19

0.40

578

524042

Sadie HW

296.60

300.42

3.82

2.93

1.30

127

2.72

0.03

0.08

0.14

163

 

Incl.

297.24

298.31

1.07

0.82

2.41

144

4.03

0.02

0.09

0.16

234

524042

Sadie 2

301.48

309.06

7.58

5.33

1.89

746

10.26

0.21

0.78

1.46

666

 

Incl.

306.25

309.06

2.81

1.98

1.98

1051

13.77

0.26

1.16

1.37

893

524046

Splay 31

253.08

258.40

5.32

2.66

1.54

116

2.84

0.30

11.33

12.69

456

 

Incl.

256.19

257.94

1.75

0.88

1.63

225

4.15

0.22

27.84

17.48

780

524048

Marena North

122.71

125.26

2.55

2.51

0.52

56

1.15

0.25

2.45

3.65

149

 

Incl.

124.31

125.26

0.95

0.94

1.29

133

2.78

0.30

6.36

9.16

356

524054

Marena North

118.02

120.94

2.92

2.24

0.43

38

0.86

0.21

2.34

2.83

119

 

Incl.

118.02

119.21

1.19

0.91

0.99

83

1.92

0.29

5.59

5.80

256

524055

Splay 31

248.06

252.00

3.94

3.02

0.27

52

0.86

0.10

0.78

11.68

203

 

Incl.

250.78

252.00

1.22

0.94

0.43

104

1.60

0.09

1.69

17.75

331
___________________________

5

Assays by ALS, Vancouver, BC Canada. The Company conducts a significant QA/QC program which includes the insertion of assay standards, blanks, and duplicates in the sample stream to ensure the assay lab results are within specified performance levels.

About GRC:

Gold Resource Corporation is a gold and silver producer, developer, and explorer with its operations centered on the Don David Gold Mine in Oaxaca, Mexico. Under the direction of an experienced board and senior leadership team, the Company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico and to develop the Back Forty Project in Michigan, USA. For more information, please visit the Company’s website, located at www.goldresourcecorp.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking words such as “plan,” “target,” “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, (i) the potential of the Three Sisters and Gloria vein systems and the Company’s expectation regarding its drilling and exploration activities in 2025. All forward-looking statements in this press release are based upon information available to the Company as of the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company’s actual results could differ materially from those discussed in this press release. Forward-looking statements are subject to risks and uncertainties, including delays or challenges in satisfying the closing conditions of the offering. Additional risks related to the Company may be found in the periodic and current reports filed with the Securities and Exchange Commission by the Company, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, which are available on the SEC’s website at www.sec.gov.

Allen Palmiere

Chief Executive Officer and President

www.goldresourcecorp.com

303-320-7708

KEYWORDS: Latin America North America United States Mexico Central America Colorado

INDUSTRY KEYWORDS: Mining/Minerals Natural Resources

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Cross-section looking northwest at the North Arista, Three Sisters and Switchback vein systems with 2024 drill holes.
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Plan view of Level 4 development with intersection of Sandy veins, Three Sisters vein system.
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View of the Arista, Switchback and Three Sisters LOM stopes (blue) – looking northwest.
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Toyota Brightens the City Streets with New GR86 Yuzu Edition

PR Newswire

  • Company Announces GR86 Yuzu Edition for 2026
  • GR86 Yuzu Edition Features Exclusive Yuzu Yellow Exterior Color, Black Wheels and a Performance Package
  • 2.4-Liter, 4-Cylinder Boxer Engine Generates 228 Horsepower and 184 lb.-ft. of Torque
  • Complimentary 1-year membership to the National Auto Sport Association
  • Expected to arrive at Dealerships Fall 2025


LONG BEACH, Calif.
, April 3, 2025 /PRNewswire/ — For 2026, the Toyota sports car lineup is getting brighter with the GR86 Yuzu Edition. This vibrant exterior color is a nod to a memorable special edition of GR86’s predecessor, the Scion FR-S Release Series 1.0.

Based on the GR86 Premium grade, the special edition will feature 18-inch matte-black wheels and other stunning black accents throughout the vehicle. On the inside, the Yuzu edition features a black interior with yellow accents. Customers will find black Ultrasuede® – trimmed sport seats with yellow perforation and yellow stitching on the steering wheel, parking brake handle, and door trim.

Brembo® Brakes improve stopping power and SACHS Dampers provide additional stability while preserving GR86’s trademark playfulness. Customers can customize their vehicle by adding additional accessories like a cat-back exhaust with GR logoed silver-colored tips, and a body kit to the Yuzu edition for even more self-expression.

For the 2026 model year, the GR86 will be available in three grades – GR86, GR86 Premium and the GR86 Yuzu edition. All grades will offer a choice of a six-speed manual or automatic transmission and will be powered by a 2.4-liter, 4-cylinder boxer engine generating 228 horsepower and 184 lb.-ft of torque. 

The GR86 will arrive at Toyota dealerships in the Fall of 2025. There will only be 860 Yuzu editions assembled for the North American market for 2026.

Toyota will share Manufacturers Suggested Retail Price and specs for all grades later this year.


Pure Driving Experience Across All Grades


Each GR vehicle is designed and engineered with a precise attention to detail and unique driving character. The GR86 is a sports car that focuses on performance and balance. Its compact dimensions and responsive chassis make it feel nimble on both tight corners and open roads, delivering an engaging driving experience that emphasizes fun over outright power.

Last year, the GAZOO Racing engineering team made updates to tuning, providing an even more enjoyable ride. Some of the updates included revised throttle mapping to increase the ease of “blipping,” and additional engine torque control to provide a more direct throttle response and linearity to improve ease of control at all speeds.

All of these updates will be carried over to the 2026 models along with the Performance Package available on the GR86 and GR86 Premium grades that include Brembo® Brakes and SACHS Dampers. The Performance Package is standard on the GR86 Yuzu edition. The SACHS Dampers are filled with high-pressure nitrogen and oil and are designed to absorb vibrations across a wide range of speeds, maximize ground contact, and support firm, stable steering, while also balancing road feedback and ride comfort. The red-painted Brembo 4-piston front and 2-piston rear brake calipers clamp down on smooth surfaced 12.8 x 1.3-in front rotors, with 12.4 x .79-in. rotors in the rear.

The dampers and brakes complement the GR86’s chassis, which is known for its taut, agile feel. Crafted from a combination of high-strength steel, hot-stamped steel, and aluminum, each material in the frame is strategically placed to bring drivers a balance of roll and pitch that helps maximize control. Up front, it uses diagonal cross members and high-strength fasteners to join the front suspension and frame together. At the rear, a full ring structure and high-strength fasteners connect the frame and suspension mounts. For additional reinforcement, structural adhesive has been added throughout the underbody. Altogether these enhancements create a cohesive, connected frame.


Light and Fun-to-Drive


All GR86 models pack in modern engineering, tech, and convenience – while sticking to its lightweight sports car roots.

Weighing in at just 2,811 pounds for the manual transmission equipped base grade model, and at 2,851 pounds for the automatic transmission model, the GR86 is one of the lightest sports cars that Toyota develops. An aluminum hood, front fenders, and roof panel help keep the weight down on the body. While details such as the use of structural adhesives in the frame and seats that are over six pounds lighter than the prior generation 86, help save precious ounces in the name of maximum control.

The naturally aspirated 2.4-liter FA-24 engine delivers 228 horsepower and 184 lb.-ft. of torque and is tuned so that peak torque arrives at 3,700 RPM, resulting in a responsive and powerful driving experience. Zero-to-60 acceleration comes in at 6.1 seconds for the 6-speed manual transmission, and 6.6 seconds for the available six-speed electronically controlled automatic transmission (ECT-i). With either transmission, the GR86 comes equipped with a Torsen® limited-slip rear differential for better traction while cornering.

Sports car purists will love GR86’s 6-speed manual transmission. With the push of a button, drivers can engage Track mode or switch off Vehicle Stability Control (VSC). On the automatic transmission GR86, additional clutch discs and a high-capacity torque converter allow for smooth delivery of the 2.4-liter engine’s higher power and torque.

On the inside, a low-slung, driver-focused cockpit with digital instrument panel, push-button start, HVAC system with LED dials and piano-key switches, and a leather-wrapped steering wheel with integrated audio controls keep the driver in complete control of their environment. On the 6-speed automatic, steering-wheel-mounted paddle shifters offer enthusiasts a dynamic driving experience. Drivers can choose between Normal, Sport or Snow modes. When in Sport mode, the transmission senses brake and accelerator operation and vehicle behavior to automatically select the optimal gear, bringing drivers the control they want.

An 8-inch touchscreen multimedia system with a six-speaker audio system comes standard on the base grade and an eight-speaker system is standard on the Yuzu edition and Premium grade. For seating, the Premium grade comes with Ultrasuede®– and leather-trim with black stitching, six-way adjustable front seats with two-level heating. The base grade has six-way adjustable black GR-embossed fabric with sport fabric side bolsters. Rear seats include Ultrasuede® trim on the Premium grade and sport fabric on the base grade.


GR86 Safety, Convenience & Connected Services


All Toyota GR86 models come standard with an Active Safety Suite. On Automatic Transmission models, this suite includes Pre-Collision Braking System, Pre-Collision Throttle Management, Adaptive Cruise Control, Lead Vehicle Start Alert, Rear Sonar Warning, Lane Departure Warning with Sway Warning and Automatic High Beams. Manual Transmission models include Pre-Collision Braking System, Adaptive Cruise Control, Lane Departure and Sway Warning, Lead Vehicle Start Alert, and Automatic High Beams. An anti-theft system with engine immobilizer and alarm are also standard.

Standard on all models, Toyota’s Star Safety System™ includes Vehicle Stability Control (VSC), Traction Control (TRAC), Anti-lock Brake System (ABS), Electronic Brake-Force Distribution (EBD) and Brake Assist (BA). Smart Stop Technology® (SST), Track Mode and Hill Start Assist Control (HAC) round out the suite of active safety systems. Additional safety features include LATCH (Lower Anchors and Tethers for Children) with lower anchors on outboard rear seats and tether anchors on all rear seats and a Tire Pressure Monitor System (TPMS). Seven airbags are standard on all models, including a driver’s knee airbag.

Experience convenience and peace of mind with GR86’s Connected Services* trials, including a one-year trial subscription to Safety Connect* with Emergency Assistance Button and Enhanced Roadside Assistance; a one-year trial of Service Connect, which includes receiving personalized maintenance updates and vehicle health reports; and a one-year trial of Remote Connect so owners can remotely interact with their vehicle through the Toyota app via a compatible smartphone and/or smartwatch. Remote activities enabled by the app include locking/unlocking doors, starting and stopping the vehicle, locating the last parked location, checking vehicle status, and monitoring guest drivers. For more details, please visit toyota.com/connected-services.

*Subscription required after trial period. 4G network-dependent


Motorsports Inspired

To earn the GR badge, GR sport cars go through an intensive track testing process approved by Akio Toyoda, aka Morizo, and the Toyota GAZOO Racing drivers and engineers. Toyota GAZOO Racing is working together with ROOKIE Racing to compete in various endurance and touring car races like the Super Taikyu in Japan to help provide insights and develop new technologies through motorsports. The team uses real-world competitive racing to hone in on what makes a GR a GR.

In 2023, Toyota GAZOO Racing North America developed the GR Cup single-make racing championship that features race-modified GR86s. The series is designed to celebrate car culture and motorsports by enthusiasts, for enthusiasts. It provides an entry-level professional racing opportunity at a more affordable rate, allowing more drivers to compete and help them develop.

Toyota’s commitment to motorsports is one of the many reasons why it also offers a complimentary 1-year membership to the National Auto Sport Association (NASA) giving GR owners the chance to experience the world of performance driving in an enclosed road course. Owners will enjoy a host of benefits, including one free High Performance Driving Event (HPDE) and discounted admission to NASA-sanctioned events.


Warranty and ToyotaCare


Toyota’s 36-month/36,000 mile basic new-vehicle warranty applies to all components other than normal wear and maintenance items. Additional 60-month warranties cover the powertrain for 60,000 miles, and corrosion with no mileage limitation. ToyotaCare is a no additional cost plan covering normal factory-scheduled maintenance for 2 years or 25,000 miles, whichever comes first, and 24-hour roadside assistance for two years, unlimited mileage.


About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.   

Toyota directly employs nearly 48,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 35 million cars and trucks at our 11 manufacturing plants. In spring 2025, Toyota’s plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 31 electrified options. 

Through its Driving Possibilities initiative, the Toyota USA Foundation has committed to creating innovative educational programs within, and in partnership with, historically underserved communities near the company’s U.S. operating sites.  

For more information about Toyota, visit www.ToyotaNewsroom.com. 

Media Contact
Breanne McCallop
[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/toyota-brightens-the-city-streets-with-new-gr86-yuzu-edition-302420327.html

SOURCE Toyota Motor North America

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Take One Last Lap in the Toyota GR Supra MkV Final Edition

PR Newswire

  • Toyota Introduces GR Supra MkV Final Edition at Grand Prix of Long Beach
  • MkV Final Edition Features Optimized Tuning, Improved Braking and Chassis and Suspension Updates
  • 3.0 and 3.0 Premium Grades Available
  • All Grades Offer 382 Horsepower with 368 lb-ft. of Torque


LONG BEACH, Calif.
, April 3, 2025 /PRNewswire/ — Born on the track, the GR Supra is a testament to Toyota’s commitment to motorsports-bred vehicle development, blending engineering excellence, innovation, and lessons learned from the most demanding conditions that only racing can provide. For the 2026 model year, Toyota celebrates this legendary sports car with the GR Supra MkV Final Edition.

In 2019, Akio Toyoda, aka Morizo, reintroduced the GR Supra to the world after a 17-year hiatus. Over the succeeding 6 years, the MkV generation has proven itself from the track to the city streets. To wear the GR badge, a vehicle must prove itself worthy of the marque through rigorous testing by Toyota GAZOO Racing engineers and countless hours on the track with Toyota’s drivers, including Morizo himself, behind the wheel. GR Supra has achieved success in some of motorsports’ most demanding series, including Formula Drift, Super Taikyu in Japan, and the Nürburgring 24 Hours.

In the spirit of kaizen, or continuous improvement, the GR Supra has been updated and enhanced each year in the current model cycle. This “always on” approach to vehicle development provides an avenue for lessons learned from motorsports to be applied to production models quickly and efficiently for the benefit of consumers. For 2026, the GR Supra MkV Final Edition aims to deliver a more integrated experience not only for circuits but also for the long and winding roads where sports car enthusiasts feel most at home. Improved braking performance, an updated suspension, increased body rigidity, optimized tuning, and enhanced aerodynamic performance inspire confidence and turn up the fun.

The GR Supra MkV Final Edition headlines a lineup that also features the GR Supra 3.0 and 3.0 Premium grades – all available with a manual or automatic transmission. Powered by an in-line six-cylinder turbocharged engine, the GR Supra puts out an impressive 382 horsepower and 368 lb.-ft. of torque.

Standard performance features include a double joint-type MacPherson front and multi-link independent rear suspension, sport-calibrated electronic power steering, and dual rear exhaust outlets. All models wear high performance Michelin® Pilot® Super Sport tires for maximum grip of the GR Supra’s rear-wheel drive platform.

The 2026 GR Supra is expected to arrive at Toyota Dealerships in Spring 2025. Production of the fifth-generation GR Supra will end Spring 2026.

MkV Final Edition

For 2026, Toyota is introducing the GR Supra MkV Final Edition – celebrating the GR Supra that was reintroduced in 2019 after Akio Toyoda put together a small team to reimagine what we now know as GAZOO Racing’s flagship sports car. Born from hands-on testing at the Nürburgring, the MkV GR Supra delivers a powerful performance every time the driver gets behind the wheel.

The GR Supra MkV Final Edition offers an elevated driving experience with unique updates to this special edition. Differential control and exclusive control maps have been refined to help improve traction between the tire and the road surface, reducing understeer through turns. And for better braking control, larger Brembo brake discs have been added to the vehicle.

The GR Supra MkV Final Edition has suspension and chassis modifications that enhance stability and strengthen the direct connection to the road. Cornering grip is also increased due to a revised camber angle of the front and rear wheels which gives drivers improved cornering stability. Responsive electronically controlled shock absorbers have been revised and this combines with a stronger front stabilizer to help improve driving performance. A heightened sensation of suspension and body integration is achieved using strengthened rubber bushings for the front control arms and strengthened rubber mounts for the rear sub-frame while better grip and control also come with a stronger under-body brace.

Aerodynamic modifications, including a ducktail carbon fiber rear spoiler, front wheel arch flaps, and higher front tire spats further enhance handling, optimizing front/rear aerodynamic balance and downforce. Meanwhile, the optimized electric power steering delivers a more direct steering feel and improved control.

The distinctive, bold exterior appearance of the GR Supra MkV Final Edition is complimented by new 19-inch matte black wheels, the gloss-finished carbon fiber ducktail rear spoiler, and gloss carbon fiber mirror caps. Inside the vehicle, the genuine leather-trimmed driver’s seat is upholstered in Alcantara and embroidered with the GR logo, while red stitching, red highlights around the gear shift knob, and red seatbelts accentuate the interior’s sporty feel. Customers can also expect a GR cupholder cover and a camo car cover with the vehicle.

Inspired by the GR Supra GT4 EVO2 race car that competes in GT4 category races all over the world, the GR Supra MkV Final Edition will also have a GT4 style pack* option that comes in two new exclusive matte colors: Burnout** and Undercover**. The style pack includes a GT4-inspired side graphic on the exterior, a matte-finished carbon fiber ducktail rear spoiler, a matte-black rear Supra emblem, and red mirror caps.

*The GT4 style pack will not be available until Fall 2025.

**Extra-cost color.

High Performance Stand Out

GR Supra’s 3.0-liter turbocharged inline six-cylinder engine provides exhilarating performance thanks to powerful torque high in the rpm range, delivering a 0-60 time of 3.9 seconds with the 8-speed automatic transmission (AT) and 4.2 seconds when equipped with the manual transmission (MT). AT models have a manufacturer-estimated 22 city/29 highway/25 combined fuel economy rating helped in part by standard start/stop technology, which shuts the engine off while the car is at rest.

The AT allows drivers to focus on the throttle and braking – opening up the possibilities for a thrilling time while driving. The MT features an Intelligent Manual Transmission (iMT) programmed with software that prioritizes sporty performance. When upshifting, the parameters are tuned to optimize engine torque at the moment of clutch engagement and release. On downshifts, the software includes rev-matching for consistent performance. The iMT is set as the default, but, if the driver prefers, it can be switched off in Individual Mode.

Drivers can select from Normal, Sport, and Individual modes that adjust throttle response, suspension damping, and power steering settings. Additionally, all grades include an Adaptative Variable Suspension (AVS) with sensors that constantly detect changes in driving operations and road surface conditions. Solenoid valves finely control the damping force of the shock absorbers. NORMAL mode provides a high-level balance between vehicle stability and supple ride comfort, enabling spirited driving without sacrificing comfort. SPORT mode realizes a reassuring and flat vehicle posture with suppressed roll and a more agile steering response.

Driver-Focused Sports Car Inside and Out

The GR Supra is known for its bold and aggressive exterior that features a wide stance, sharp lines, and its distinct rear spoiler – providing excellent aerodynamics and performance. Available in Stratosphere*, Absolute Zero, Nocturnal, and Renaissance Red 2.0, the 2026 GR Supra will turn heads on the city streets.

On the inside, a refined cockpit design enhances the performance experience. The cabin’s minimalist layout prioritizes functionality and comfort. The 3.0 grade comes with standard black soft-touch Alcantara and leather-trimmed sport seats with power adjustment. The 3.0 Premium grade brings a luxury feel with power adjustable seats that come with an option of black leather-trimmed seats or a hazelnut-colored leather trim. Both grades have standard heated seating.

Modern technology is incorporated effortlessly into the interior with connectivity and audio options that add a sonic dimension to the drive in the GR Supra. Supra Connect** comes standard on the 3.0 Premium along with a 12-speaker, 500-watt JBL® Hi-Fi system. The 3.0 grade can be upgraded to the 12-speaker JBL system with the available Safety & Technology Plus JBL Package, which includes Supra Connect.**

*Extra-cost color.

**4G network dependent.

Premium Technology Features

All 2026 GR Supra models come equipped with an 8.8-inch touchscreen display that can also be controlled through a rotary touch controller. GR Supra 3.0 grade comes with a 205-Watt, 10-speaker audio system standard, while the 3.0 Premium grade is equipped with a 12-speaker 500-Watt JBL® Premium Audio System.

Wireless Qi charging is standard on the 3.0 grade equipped with a manual transmission as well as the 3.0 Premium grade and the MkV Final Edition. Wireless Apple CarPlay® compatibility is available on the 3.0 grade and standard on the 3.0 Premium grade. The 3.0 Premium grade also comes standard with Head-Up Display to allow drivers to check their speed, see warning indicators, and turn-by-turn navigation while keeping their eyes on the road ahead.

When customers upgrade to the Safety & Technology Package Plus JBL on the 3.0 grade, they get:

  • 12-speaker 500-watt JBL Premium Audio System
  • Wireless Apple CarPlay compatibility with full screen capability (iOS only)
  • Full-Speed Dynamic Radar Cruise Control (AT models)
  • Navigation
  • Blind Spot Monitor
  • Rear Cross-Traffic Alert
  • Speed Limit Information
  • Parking Sensors with Emergency Braking Function
  • Toyota Supra Connect trial that includes Remote Services, Remote Maintenance, Automatic Emergency Call, Real Time Traffic Information, Stolen Vehicle Recovery and Map Updates

The Driver’s Assist Package is another available option on the 3.0 Premium grade, which includes:

  • Full-Speed Dynamic Radar Cruise Control (AT models)
  • Blind Spot Monitor
  • Rear Cross-Traffic Alert
  • Parking Sensors with Emergency Braking Function

Safety & Convenience

All GR Supra models come equipped with a number of safety features that include Pre-Collision System with Pedestrian Detection, Lane Departure Warning with Steering Assist, Vehicle Stability Control, Brake Assist, Anti-lock Brake System, Driver and front passenger Advanced Airbag System (front, side, curtain and knee airbags), Vehicle Stability Control, Anti-lock Brake System, Traction Control, and Child Restraint System on the passenger seat.

Standard convenience features include Automatic High Beams, Rearview Camera with parking aid lines, Tire Pressure Monitor System, Hill Start Assist Control, Directional Parking Lights, and 3-point seatbelts for driver and passenger. Full-Speed Dynamic Radar Cruise Control is included on 3.0 AT grades with the available Safety & Technology Package Plus JBL and on 3.0 Premium AT grades with the available Drive Assist Package. MT models come with a traditional Cruise Control system.

Motorsports Inspired

A GR model earns its badge when it proves its mettle on the track. To bring the benefits of motorsports-bred vehicle development to customers, all GR models come with a complimentary 1-year membership to the National Auto Sport Association (NASA). Owners enjoy a host of benefits, including one free High Performance Driving Event (HPDE) and discounted admission to NASA-sanctioned events.

Warranty and ToyotaCare

Toyota’s 36-month/36,000 mile basic new-vehicle warranty applies to all components other than normal wear and maintenance items. Additional 60-month warranties cover the powertrain for 60,000 miles, and corrosion with no mileage limitation. ToyotaCare is a maintenance plan covering normal factory-scheduled maintenance for 2 years or 25,000 miles, whichever comes first, and 24-hour roadside assistance for two years, unlimited mileage.


About Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.

Toyota directly employs nearly 48,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 35 million cars and trucks at our 11 manufacturing plants. In spring 2025, Toyota’s plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 31 electrified options.

Through its Driving Possibilities initiative, the Toyota USA Foundation has committed to creating innovative educational programs within, and in partnership with, historically underserved communities near the company’s U.S. operating sites.

For more information about Toyota, visit www.ToyotaNewsroom.com. 

Media Contact

Breanne McCallop

[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/take-one-last-lap-in-the-toyota-gr-supra-mkv-final-edition-302420311.html

SOURCE Toyota Motor North America

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Western Union Offers Zero-Fee International Money Transfers to Myanmar

Western Union Offers Zero-Fee International Money Transfers to Myanmar

Available to consumers around the world sending money to their loved ones in Myanmar via WesternUnion.com and the Western Union app

NAYPYITAW, Myanmar–(BUSINESS WIRE)–
In response to the devastating earthquake that recently struck Myanmar, Western Union today announced that it is offering consumers around the world zero-fee international money transfers1 to the country.

Effective immediately until midnight, 00:00 Myanmar Standard Time on 10 April 2025, individuals can send funds to Myanmar via WesternUnion.com or the Western Union mobile app, ensuring families can provide crucial support to their loved ones during this time of urgent need. Western Union remains committed to providing support during times of crisis, offering zero-fee transfers whenever possible to help communities in need.

Money transfers sent to Myanmar will be:

  • Available for payout into bank accounts.
  • Available for payout into select mobile wallets
  • Available for payouts incash at Agent locations2

“Our thoughts are with the people of Myanmar during this incredibly difficult time,” said Atish Shrestha, Western Union’s Regional Director for Indochina, South Korea and Taiwan, Western Union. “In moments of crisis, staying connected with loved ones matters more than ever. By waiving transfer fees, we hope to make it easier for customers to help customers provide meaningful support reliably.”

About Western Union

The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and over 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit www.westernunion.com.

_______________________________

1

  

Western Union also makes money from currency exchange.

2

  

Due to the severity of the earthquake, some agent locations in impacted areas may not be immediately operational or possess sufficient funds.

 

Media contacts:

Saadia McGlinchey; [email protected]

Karen Santos; [email protected]

KEYWORDS: North America United States Asia Pacific Myanmar Southeast Asia Colorado

INDUSTRY KEYWORDS: Other Consumer Environment Other Philanthropy Software Family Finance Internet Banking Electronic Commerce Consumer Professional Services Digital Cash Management/Digital Assets Philanthropy Technology Personal Finance Natural Disasters Payments Apps/Applications

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Citigroup Declares Common Stock Dividend

Citigroup Declares Common Stock Dividend

Citigroup Declares Preferred Dividends

NEW YORK–(BUSINESS WIRE)–
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on May 23, 2025, to stockholders of record on May 5, 2025.

The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows:

–5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series P, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $29.75 for each receipt held.

– 4.000% Fixed Rate Reset Noncumulative Preferred Stock, Series W, payable June 10, 2025, to holders of record on May 30, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.00 for each receipt held.

– 3.875% Fixed Rate Reset Noncumulative Preferred Stock, Series X, payable May 19, 2025, to holders of record on May 9, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $9.6875 for each receipt held.

– 4.150% Fixed Rate Reset Noncumulative Preferred Stock, Series Y, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.375 for each receipt held.

– 7.375% Fixed Rate Reset Noncumulative Preferred Stock, Series Z, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.4375 for each receipt held.

– 7.625% Fixed Rate Reset Noncumulative Preferred Stock, Series AA, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $19.0625 for each receipt held.

– 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.00 for each receipt held.

– 7.125% Fixed Rate Reset Noncumulative Preferred Stock, Series CC, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.8125 for each receipt held.

– 7.000% Fixed Rate Reset Noncumulative Preferred Stock, Series DD, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.50 for each receipt held.

– 6.750% Fixed Rate Reset Noncumulative Preferred Stock, Series EE, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $16.875 for each receipt held.

– 6.950% Fixed Rate Reset Noncumulative Preferred Stock, Series FF, payable May 15, 2025, to holders of record on May 5, 2025. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.954166667 for each receipt held.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

Media: Danielle Romero-Apsilos (212) 816-2264

Investors: Jennifer Landis (212) 559-2718

KEYWORDS: United States North America Canada New York

INDUSTRY KEYWORDS: Banking Asset Management Professional Services Finance

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Class Action Announcement APP: A Securities Fraud Class Action Lawsuit Was Filed Against AppLovin Corporation (APP)

RADNOR, Pa., April 03, 2025 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Northern District of California against AppLovin Corporation (“AppLovin”) (NASDAQ: APP) on behalf of those who purchased or otherwise acquired AppLovin securities between May 10, 2023, and February 25, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is May 5, 2025.


CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:


If you suffered AppLovin losses,
you may

CLICK HERE

or copy and paste the following link into your browser:
https://www.ktmc.com/new-cases/applovin-corporation?utm_source=PR&utm_medium=link&utm_campaign=app&mktm=r

You can also contact attorney

Jonathan Naji, Esq.

by calling (484) 270-1453 or by email at

[email protected]

.


DEFENDANTS’ ALLEGED MISCONDUCT:


The complaints allege that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) AppLovin’s app segment relied on the systematic exploitation of fraudulent advertising practices including “clickjacking” and “click spoofing”; (2) AppLovin’s advertising and e-commerce program relied on intercepting and appropriating advertising attribution credit; (3) AppLovin employed a backdoor installation scheme to force unwanted apps on customers; (4) AppLovin’s revenue was falsely inflated; and (5) as a result, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.


THE LEAD PLAINTIFF PROCESS:


AppLovin investors may, no later than May 5, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages AppLovin investors who have suffered significant losses to contact the firm directly to acquire more information.


CLICK HERE

TO SIGN UP FOR THE CASE
OR GO TO
:

https://www.ktmc.com/new-cases/applovin-corporation?utm_source=PR&utm_medium=link&utm_campaign=app&mktm=r


ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
     

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.



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Douglas Emmett Announces Dates for Its 2025 First Quarter Earnings Results and Live Conference Call

Douglas Emmett Announces Dates for Its 2025 First Quarter Earnings Results and Live Conference Call

SANTA MONICA, Calif.–(BUSINESS WIRE)–
Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that it plans to release its 2025 first quarter earnings results after market close on Tuesday, May 6, 2025. A live conference call is scheduled for the following day, Wednesday, May 7, 2025, at 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time. Jordan Kaplan, President and Chief Executive Officer, will host the call along with Peter Seymour, Chief Financial Officer, Kevin Crummy, Chief Investment Officer, and Stuart McElhinney, Vice President Investor Relations. Interested parties can listen to the call via the following:

INTERNET: Go to www.douglasemmett.com/investors at least fifteen minutes prior to the start time of the call in order to register, download and install any necessary audio software.

PHONE: 888-349-0488 (U.S.) or 412-542-4156 (International). Please ask to join the Douglas Emmett, Inc. call.

REPLAY: A rebroadcast of the live call will be available for 90 days on our website at www.douglasemmett.com/investors

About Douglas Emmett, Inc.

Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. For more information about Douglas Emmett, please visit our website at www.douglasemmett.com.

Safe Harbor Statement

Except for the historical facts, the statements in this press release regarding Douglas Emmett’s business activities are forward-looking statements based on the beliefs of, assumptions made by, and information currently available to us about known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on forward-looking statements to anticipate future results or trends. For a discussion of some of the risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission.

Stuart McElhinney, Vice President – Investor Relations

310.255.7751 [email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

MEDIA:

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Laird Superfood to participate in the Planet MicroCap Showcase: VEGAS 2025 on April 22 to 24, 2025

PR Newswire


BOULDER, Colo.
, April 3, 2025 /PRNewswire/ — Laird Superfood®, Inc. (NYSE: LSF), a leader in functional coffee, creamers, and superfood products made with simple, minimally processed ingredients, today announced that it will be participating in the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on April 22 to 24, 2025. Laird Superfood’s Jason Vieth, Chief Executive Officer, and Anya Hamill, Chief Financial Officer, will be hosting a company presentation and answering questions at the conclusion.

A live cast is available at the following location:

Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub
Date: Wednesday, April 23, 2025
Time: 5 p.m. (Las Vegas, NV Local Time PST)
Webcast link here: https://event.summitcast.com/view/YNz6mnmEsXyrdRxb78w2nX/guest_book?session_id=94Pbt6UgVmiDueyJumAU6R

During the presentation, Laird Superfood’s leadership team will discuss the Company’s continued innovation in the clean, functional food space, recent product launches, and strategic growth initiatives designed to expand market presence and drive shareholder value.

Vieth and Hamill also participated in a MicroCapClub Business Breakdowns discussion on April 2, 2025, which is available to watch here: https://www.youtube.com/watch?v=c9NVxUGXpes.

About Laird Superfood ®

Laird Superfood is a clean plant-based food brand that offers superfood products to help fuel, energize, and improve performance. The company was founded in 2015 by leading big wave surfer Laird Hamilton who set out to find a better morning routine to improve and sustain performance while out catching waves. He created superfood creamers with a blend of plant-based fats and other real-food ingredients that not only sustain his energy but also taste great in his morning coffee. Alongside his wife, former professional beach volleyball icon, best-selling author and fitness expert, Gabby Reece, the brand has expanded to instant lattes, coffees, bars, and prebiotic daily greens. Laird Superfood is based on the idea that people deserve simple ingredient, minimally processed foods can help fuel you from sunrise to sunset.

About Planet MicroCap
Planet MicroCap is a global multimedia financial news, publishing and events company for the MicroCap investing community. We have cultivated an active and engaged audience of folks that are interested in learning about and to stay ahead of the curve in the MicroCap space.

Contact:

Alafair Hall

[email protected]

415-730-9044

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/laird-superfood-to-participate-in-the-planet-microcap-showcase-vegas-2025-on-april-22-to-24-2025-302420456.html

SOURCE Laird Superfood

Posted on

SOUN Investors Have Opportunity to Lead SoundHound AI, Inc. Securities Fraud Lawsuit

PR Newswire


NEW YORK
, April 3, 2025 /PRNewswire/ —

Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action on behalf of purchasers of securities of SoundHound AI, Inc. (NASDAQ: SOUN, SOUNW) between May 10, 2024 and March 3, 2025, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than May 27, 2025.

So what: If you purchased SoundHound securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the SoundHound class action, go to https://rosenlegal.com/submit-form/?case_id=36267 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 27, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) the material weaknesses in SoundHound’s internal controls over financial reporting impaired SoundHound’s ability to effectively account for corporate acquisitions; (2) in addition, SoundHound overstated the extent to which it had remediated, and/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (3) as a result of the foregoing material weaknesses, SoundHound’s reported goodwill following the Amelia Acquisition was inflated and would need to be corrected; (4) further, SoundHound would likely require extra time and expense to effectively account for the SYNQ3 and Amelia Acquisitions; (5) the foregoing increased the risk that SoundHound would be unable to timely file certain financial reports with the SEC; and (6) as a result, SoundHound’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SoundHound class action, go to https://rosenlegal.com/submit-form/?case_id=36267 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/soun-investors-have-opportunity-to-lead-soundhound-ai-inc-securities-fraud-lawsuit-302420337.html

SOURCE THE ROSEN LAW FIRM, P. A.