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High Tide to Open Two New Canna Cabana Locations Across Saskatchewan and Ontario

PR Newswire


CALGARY, AB
, Aug. 20, 2025 /PRNewswire/ – High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it will open two new Canna Cabana branded locations across Saskatchewan and Ontario, located in the cities of Saskatoon and Lasalle. These openings bring High Tide’s total store count to 205 Canna Cabana branded locations across Canada, 13 in the province of Saskatchewan, and 84 in the province of Ontario.

“Adding two new Cabana stores in Saskatchewan and Ontario is another step forward in our mission to make quality cannabis more accessible and affordable for Canadians. With many more stores in our pipeline, I remain confident we will achieve the higher end of our 2025 target range. Beyond Canada, our German entry and the potential for U.S. reform open the door for even greater opportunities, putting High Tide at the center of a global cannabis growth story,” said Raj Grover, Founder and Chief Executive Officer of High Tide.



SASKATOON, SK LOCATION

The Company’s new Canna Cabana retail cannabis store located at 415 Circle Drive East in Saskatoon, Saskatchewan, began selling recreational cannabis products and consumption accessories for adult use on August 18, 2025.

Located on the north side just off the Highway 11 exit, this new location offers prime visibility along a major arterial road with minimal nearby competition. The surrounding area is experiencing rapid population growth, and is home to a young demographic that will benefit from Canna Cabana’s innovative discount cannabis model. With high-traffic co-tenants including quick-service restaurants, big box retailers, and local grocers, the store is ideally positioned to serve an underserved and fast-growing market.



LASALLE, ON LOCATION

The Company’s new Canna Cabana retail cannabis store located at 2055 Sandwich Parkway West in Lasalle, Ontario, will open on August 25, 2025.

Centrally located in a new development featuring grocery, big box retail, quick-service restaurants, and new housing, this new location will serve 24,000 residents within a five minute drive and nearly 90,000 within 10 minutes. With minimal nearby competition, this opening positions High Tide as the first cannabis retailer in the area’s newest retail hub.


ABOUT HIGH TIDE

High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world’s most powerful plant. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:

Bricks & Mortar Retail: Canna Cabana™ is the largest cannabis retail chain in Canada, with 205 current locations spanning British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and growing. In 2021, Canna Cabana became the first cannabis discount club retailer in the world.

Retail Innovation: Fastendr™ is a unique and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup.

Consumption Accessories: High Tide operates a suite of leading accessory e-commerce platforms across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.

Brands: High Tide’s industry-leading and consumer-facing brand roster includes Queen of Bud™, Cabana Cannabis Co™, Daily High Club™, Vodka Glass™, Puff Puff Pass™, Dopezilla™, Atomik™, Hue™, Evolution™ and more.

CBD: High Tide continues to cultivate the possibilities of consumer CBD through Nuleafnaturals.com, FABCBD.com, blessedcbd.de and blessedcbd.co.uk.

Wholesale Distribution: High Tide keeps that cannabis category stocked with wholesale solutions via Valiant™.

Licensing: High Tide continues to push cannabis culture forward through fresh partnerships and license agreements under the Famous Brandz™ name.

High Tide consistently moves ahead of the currents, having been named one of Canada’s Top Growing Companies by the Globe and Mail’s Report on Business in 2024 for the fourth consecutive year and was recognized as a top 50 company by the TSX Venture Exchange in 2022, 2024 and 2025. High Tide was also ranked number one in the retail category on the Financial Times list of Americas’ Fastest Growing Companies for 2023. To discover the full impact of High Tide, visit www.hightideinc.com. For investment performance, don’t miss the High Tide profile pages on SEDAR+ and EDGAR.

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


CONTACT INFORMATION

Media Inquiries


Carter Brownlee


Communications and Public Affairs Advisor

High Tide Inc.


[email protected]


403-770-3080

Investor Inquiries


Vahan Ajamian


Capital Markets Advisor

High Tide Inc.


[email protected] 


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking information” and “forward-looking statements within the meaning of applicable securities legislation. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the timing of our new locations beginning to sell recreational cannabis products and consumption accessories for adult use, the expected benefits of the store locations, the level of competition in the area, our commitment to opening the number of future stores on the timeline indicated herein, potential law reforms and the resulting ability of the Company to enter into the U.S., and the successful entry of the Company into the German market. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including but not limited to the risk factors discussed under the heading “Non-Exhaustive List of Risk Factors” in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at www.sedarplus.ca and www.sec.gov, which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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SOURCE High Tide Inc.

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Axcelis Announces Joint Development Program with GE Aerospace For the Development of High Voltage Superjunction Power Devices

PR Newswire


BEVERLY, Mass.
, Aug. 20, 2025 /PRNewswire/ — Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced a Joint Development Program (JDP) with GE Aerospace focused on the development of production-worthy 6.5 to 10kV superjunction power devices. Processes will be developed on Axcelis’ Purion XEmax™ high energy implanter, which provides the industry’s highest beam currents over the broadest energy range — up to 15MeV.

This JDP supports the ‘Advanced High Voltage Silicon Carbide Switches’ project led by GE Aerospace as part of the Commercial Leap Ahead for Wide Bandgap Semiconductors (CLAWS) Hub, which is headed by North Carolina State University. This project will aim to improve the performance of power switches used in important emerging applications.

Silicon Carbide (SiC) wide bandgap semiconductors deliver higher voltages, operating temperatures and frequencies compared to traditional Silicon (Si) devices. These semiconductor devices are enabling for many applications in the aerospace and defense sector through reduced power consumption and smaller packaging of critical systems. On the commercial side, high voltage wide bandgap semiconductors are expected to play an important role in emerging critical technologies like artificial intelligence, quantum computing, autonomous vehicles and a more resilient power grid.

President and CEO Russell Low commented, “We are proud to collaborate with GE Aerospace in this endeavor, which has the potential to accelerate superjunction technology adoption. Axcelis is committed to providing equipment and process expertise that enables our customers’ superjunction device roadmaps.”

Axcelis’ Purion XEmax provides maximum flexibility in energy ranges to optimize the profile in depth and concentration, enables a more cost-effective approach by reducing the number of application steps, and excels in channeling over 7µm of aluminum implanted depth.

GE Aerospace, through its Research Center in Niskayuna, NY, has built up a world-leading IP portfolio in SiC technologies over more than three decades and sells SiC- based electric power products today through its Electrical Power business to support the avionics and electrical systems aboard commercial aircraft and ground vehicles. More recently, GE Aerospace researchers have been focusing SiC developments to enable future flight operations in more extreme operating environments such as with hypersonic vehicles and space travel, and to support developments with electric propulsion.

Dr. Ljubisa Stevanovic, chief engineer at GE Aerospace Research, stated: “High voltage SiC power devices are an important enabler for a wide array of critical emerging applications and future endeavors, including hypersonic travel, electric propulsion, and space exploration. We are excited to partner with Axcelis on this project, due to their expertise in ion implantation for Silicon Carbide power devices, and their market leading portfolio of Purion high energy ion implanters.”

About Axcelis:

Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 45 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.

Safe Harbor Statement

Statements made in this press release that are not of known historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. These statements, which include our plans with respect to a Joint Development Program, are based on management’s current expectations and should be viewed with caution. They are subject to various risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including the risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the risk factors described in our annual report on Form 10-K for the fiscal year ended December 31, 2024. The Company undertakes no obligation to update the information or statements made in this press release.

CONTACTS:


Press/Media Relations Contact:
 
Maureen Hart
Senior Director, Corporate & Marketing Communications
Telephone: (978) 787-4266
Email: [email protected]


Axcelis Investor Relations Contact:


David Ryzhik

Senior Vice President, Investor Relations and Corporate Strategy
Telephone: (978) 787-2352
Email: [email protected]

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SOURCE Axcelis Technologies, Inc.

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Manulife and CENTUM Deepen Strategic Partnership to Better Protect Canadian Homeowners

Canada NewsWire

Renewed multi-year partnership helps deliver industry-leading mortgage insurance solutions to Canadians from coast to coast.


TORONTO
, Aug. 20, 2025 /CNW/ – Manulife Canada and Centum Financial Group Inc. (CENTUM) are proud to announce the renewal and expansion of their longstanding partnership. This renewal highlights a shared commitment to empowering CENTUM’s national network of mortgage professionals with innovative financial solutions that help Canadians protect their homes, families, and financial futures.

As part of our enhanced partnership, Manulife and CENTUM are excited to introduce new retirement savings opportunities for CENTUM agents, building on CENTUM’s long-standing offerings of Manulife’s flexible mortgage lending options and trusted insurance protection.

“Together with CENTUM, we’re helping Canadians safeguard their homes and families with solutions that are simple, personal, and built for real life,” said Pamela Wong, Head of Affinity at Manulife Canada. “At Manulife, we’re dedicated to supporting Canadians in the moments that matter most. We proudly support the advisors and brokers who guide clients every day, as well as the Canadians who trust them to help build and protect their dreams. This partnership is one example of how we’re bringing this commitment to life.”

Leveraging CENTUM’s trusted mortgage advice and Manulife’s expertise across Wealth and Asset Management, Manulife Bank and Affinity, this partnership helps provide comprehensive mortgage and financial protection for families and homeowners, securing their futures with confidence.

Here’s how Manulife and CENTUM are unlocking a broader range of products and services to support mortgage professionals and the Canadians they serve:

  • Strengthening Commitment to Mortgage Protection Plan (MPP): CENTUM agents will continue to offer Manulife’s Mortgage Protection Plan (MPP) – a life and disability insurance product designed to help clients protect their families, homes, and savings. MPP provides peace of mind for homeowners by covering mortgage payments in the event of life’s unexpected events.
  • Anchoring the client relationship: Manulife Bank mortgage solutions, including Manulife One, give brokers a powerful starting point with clients at the mortgage stage-where the relationship begins and opportunities for protection and planning naturally follow.
  • Investing in brokers: On September 1, CENTUM agents will gain access to a new Group RRSP program offered through Manulife and administered through CENTUM’s proprietary DirectPay platform-supporting their own long-term financial goals alongside those of their clients.

“As momentum at CENTUM continues—recently being named ‘Network of the Year’ at the Mortgage Awards of Excellence—we remain focused on helping our Brokers and Agents succeed,” said Adrian Schulz, President of Centum Financial Group Inc. “Together with Manulife, we’re delivering products that protect clients while helping our Brokers build sustainable, profitable mortgage businesses.”

This continued collaboration between Manulife and CENTUM underscores the ongoing journey to better serve Canadian homeowners and supporting mortgage professionals across the country.

To learn more about this partnership please visit www.joincentum.ca. 

About Centum

Centum Financial Group Inc. is one of Canada’s leading mortgage networks, supporting over 2,000 mortgage professionals from coast to coast. With a commitment to technology, compliance, and agent success, CENTUM empowers its members to build strong, client-focused businesses in today’s evolving financial services landscape. Learn more at www.centum.ca. 

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

Manulife Media Contact:   
Dominique Bomberry
[email protected] 

SOURCE Manulife Financial Corporation

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Innoviz Technologies, Cron AI, and D2 Traffic Technologies Collaborate to Accelerate LiDAR Adoption for Intelligent Intersections Across North America

PR Newswire

  • Installations throughout Intersections in the City of Atlanta, Georgia are expected in coming weeks
  • Solution demonstration at ITS World Congress, August 25-29, 2025, Booths 604 & 606


SUNNYVALE, Calif. and TEL AVIV, Israel, Aug. 20, 2025 /PRNewswire/ — Innoviz Technologies Ltd. (NASDAQ: INVZ) (“Innoviz”), Cron AI, and D2 Traffic Technologies today announced their collaboration, addressing the most pressing barriers to LiDAR deployment in intelligent transport systems (ITS), perimeter security, and infrastructure intelligence by combining their complementary technologies.

The collaboration unites InnovizSmart — Innoviz’s rugged, automotive-grade LiDAR sensor, senseEDGE – Cron AI’s edge-native 3D perception platform, and D2 Traffic Technologies’ deep expertise in deployment and integration with local municipalities. The result: a set of interoperable components designed to work seamlessly together to solve three long-standing hurdles in LiDAR adoption: unreliable perception, fragmented hardware/software stacks, and the lack of field-ready deployment tools.

Proven Performance
on the Field

InnovizSMART returns 5.76 million points-per-second with a single reflection and has the capability to output two reflections effectively doubling its point rate. When combined with its 450-meter range capability, it enables long-distance vehicle and Vulnerable Road User (VRU) detection capability that is significantly higher than other sensors. When fused with Cron AI’s SenseEdge software, raw LiDAR data is processed entirely at the edge, generating real-time, privacy-conscious insights without reliance on the cloud.

From Raw Data to Actionable Intelligence

D2 Traffic Technologies plays a critical role in bringing the perception stack to life on the ground — ensuring smooth integration into existing ITS and infrastructure networks and delivering turnkey deployments for agencies and operators.

BlueBand, a key partner in the ecosystem, leverages the high-fidelity fused perception data from the LiDAR and Cron’s senseEDGE to build advanced analytics and dashboards through its Integrator AI platform — enabling use cases like VRU safety, wrong-way driving detection, and real-time traffic flow monitoring.

“The value we deliver starts with unmatched data fidelity,” said Kevin Yorke, CEO of BlueBand. “From LIDAR to senseEDGE, we provide the gold standard data DOTs rely on — and we transform it into real-time intelligence and actionable visualizations and decision-ready insights that empower agencies to act with confidence.”

Strategic Market Timing

The deployment comes at a pivotal time, with the global intelligent transportation system (ITS) market expected to reach USD 73.76 billion by 2034 (6.64% CAGR), with North America alone accounting for USD 16.67 billion in 2024 and projected to grow at 6.65% annually over the next decade.[1]

By combining InnovizSMART’s outstanding 3D performance, Cron AI’s proven perception software, and D2’s hands-on infrastructure integration, this suite offers a reliable, scalable, and ROI-driven pathway to LiDAR adoption in ITS, rail, security, and smart city deployments.

Intersections in Atlanta and Live Demonstration at ITS World Congress 2025

The latest generation of the D2 VIA solution is already in motion, with installation planned at three key intersections in Atlanta in coming weeks.

Innoviz Technologies Ltd., Cron AI, and D2 Traffic Technologies will jointly showcase this solution at the ITS World Congress in Atlanta, booths #604 and #606 between August 24-29.

[1] “Intelligent Transportation System Market Size, Share, Growth 2024–2034,” Precedence Research (2024)
https://www.precedenceresearch.com/intelligent-transportation-system-market

About Innoviz Technologies

Innoviz is a global leader in LiDAR technology, offering high-performance, automotive-grade LiDAR solutions. Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz.tech.com

About Cron AI

Cron AI is a deep-tech company specializing in edge-native 3D perception for ITS, security, and smart infrastructure. Deployed across 18+ U.S. states and in Europe, its senseEDGE platform uses deep learning to transform raw LiDAR data into real-time intelligence, delivering highly accurate detection, classification and tracking — even in complex, high-density environments.www.cronai.ai

About D2 Traffic Technologies

D2 Traffic Technologies is a leading provider of intelligent traffic management solutions, dedicated to creating innovative and efficient systems that enhance urban mobility and road safety. With a focus on cutting-edge technology and exceptional customer service, D2 Traffic Technologies delivers solutions that address the evolving challenges of modern urban environments.www.d2traffic.com 

Media Contact

[email protected] 

Investor Contact

[email protected] 


Forward Looking Statements 

This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz’s products, the markets in which Innoviz operates, Innoviz’s projected future operational and financial results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.

Many factors could cause actual future events, and in the case of our forward-looking revenues, actual orders or actual payments, to differ materially from the forward-looking statements in this announcement including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, potential changes and developments in the highly competitive LiDAR technology and related industries, and our expectations regarding the impact of the evolving conflict in Israel to our ongoing operations. The foregoing list is not exhaustive. You should carefully consider such risk and the other risks and uncertainties described in Innoviz’s annual report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 12, 2025 and in other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. There can be no assurances that the Company will enter into definitive agreements, orders or receive payments with respect to the security infrastructure upgrade project referenced in this announcement, which is pending successful testing and demonstration. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.

Photo – https://mma.prnewswire.com/media/2754403/Innoviz_Technologies_ITS.jpg

Logo – https://mma.prnewswire.com/media/1496323/Innoviz_Technologies_Logo.jpg

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SOURCE Innoviz Technologies

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United Airlines Ventures Invests in Aerospace Startup Astro Mechanica

PR Newswire

Astro Mechanica’s engine design addresses biggest economic challenge associated with supersonic flight: fuel efficiency

Astro Mechanica’s technology is first being developed for military use and then commercial aircraft as technology matures – UAV is the venture capital arm of United Airlines


CHICAGO
, Aug. 20, 2025 /PRNewswire/ — United Airlines Ventures (UAV), the venture capital arm of United Airlines, today announced an investment in aerospace startup Astro Mechanica. Astro Mechanica’s adaptive propulsion concept and advanced airframe design has the potential to unlock supersonic aircraft with near-term applications for national defense, orbital launch, and long-range cargo delivery.

UAV was established in 2021 to invest in early-stage start-up companies focused on innovative technologies with the potential to shape the future of aviation and travel.

“Astro Mechanica is developing an adaptive engine concept for strategic military and commercial applications, addressing the challenging yet worthwhile pursuit of supersonic flight,” said Mukul Hariharan, Managing Partner at United Airlines Ventures. “UAV is excited to join Astro Mechanica’s renowned investment partners to support its exceptional management team as they advance their engine technology and progress towards their first aircraft prototype.”

Astro Mechanica’s engine, Duality™, is being designed to utilize a hybrid electric architecture to optimize performance across a wide range of flight speeds and profiles, which would create an engine that would be efficient from takeoff to Mach 3+. With these changes, Astro Mechanica is developing the world’s first supersonic aircraft that has transpacific capability.

“We are excited to form this relationship with United Airlines Ventures (UAV),” said Ian Brooke, CEO and founder of Astro Mechanica. “This investment reflects strong conviction in Astro Mechanica from an experienced and credible industry leader, and we appreciated UAV’s deep technical grasp of our novel high-speed propulsion technologies. We look forward to working with them as an advisor and a collaborator as we move into flight testing for the next era of passenger travel.”

Duality™ is designed to separate the propulsion units from the turboshaft engine by using electric motors. This allows it to behave like a turbofan at slower speeds, a turbojet at faster speeds just below supersonic, and switch to a ramjet at very high supersonic speeds.

About United Airlines Ventures

United Airlines Ventures (UAV) was established in 2021 to invest in early-stage start-up companies focused on innovative technologies with the potential to shape the future of aviation and travel. To date, UAV has made more than 30 investments in companies developing technologies across aerospace, technology, energy transition, and more. Learn more at unitedairlinesventures.com.

About Astro Mechanica

Astro Mechanica is a vertically integrated aerospace company building a faster, more connected future. Its mission is to democratize high-speed flight by making supersonic travel flexible, accessible, and sustainable. The company believes that rapid, on-demand, point-to-point global mobility will become the new standard for moving people and goods across the planet. To achieve this, Astro Mechanica is integrating its advanced airframe and engine technologies—which include Duality™, its proprietary dual-use propulsion system—with a new flight operations model to make supersonic transport as efficient and economical as commercial air travel is today. In the near term, the company is developing adaptable, high-speed systems to close aircraft performance gaps for the United States government. Learn more at www.astromecha.co.

United Airlines Ventures Cautionary Statement Regarding Forward-Looking Statements and Other Important Information

UAV is a wholly owned subsidiary of United Airlines, Inc., whose parent company, United Airlines Holdings, Inc., is traded on the Nasdaq under the symbol “UAL”. This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, plans and projections regarding the benefits of the investment. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections, which involve inherent risks, assumptions and uncertainties that are difficult to predict, may be beyond our control and could cause our future financial results, plans, objectives, goals, targets, commitments, strategies, initiatives and intentions to differ materially from those expressed in, or implied by, the statements. These risks, assumptions, uncertainties and other factors include, among others, any failure to meet stated corporate citizenship goals, targets, commitments, strategies, initiatives and intentions in the time frame expected or at all as a result of many factors, including changing societal, market, competitive, regulatory or stakeholder expectations; any delay or inability of UAV to realize the expected benefits of the investment, including from a delay or failure of any project or technology to be fully developed or become operational or serve the purpose for which it was designed; and the other risks and uncertainties identified in United’s Annual Report on Form 10-K for the year ended December 31, 2024, as well as United’s other filings with the Securities and Exchange Commission.  United undertakes no obligation to update any statement included in this press release, except as otherwise required by applicable law or regulation.

Media Contact:

[email protected]

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SOURCE United Airlines Ventures

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Phathom Pharmaceuticals Clarifies That There Is No Reduction in Lead Shareholder’s Ownership Following Administrative Change to 13D Filing

FLORHAM PARK, N.J., Aug. 20, 2025 (GLOBE NEWSWIRE) — Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), today clarified that a Schedule 13D filing by Frazier Life Sciences, which is expected to be filed later today, August 20, will include administrative changes to its reporting approach but does not represent a reduction in the ownership position of any Frazier fund or person in Phathom.

While the breakout of holdings between funds and persons may appear different than prior filings, and the treatment of warrants may reduce certain percentages in the updated filings, these differences are due solely to clarifying changes in Frazier’s reporting approach and not to any sale of shares. 


About Phathom Pharmaceuticals, Inc.
 
Phathom Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of novel treatments for gastrointestinal diseases. Phathom has in-licensed the exclusive rights to vonoprazan, a first-in-class potassium-competitive acid blocker (PCAB) that is currently marketed in the United States as VOQUEZNA® (vonoprazan) tablets for the relief of heartburn associated with Non-Erosive GERD in adults, the healing and maintenance of healing of Erosive GERD in adults and relief of associated heartburn, in addition to VOQUEZNA® TRIPLE PAK® (vonoprazan tablets, amoxicillin capsules, clarithromycin tablets) and VOQUEZNA® DUAL PAK® (vonoprazan tablets, amoxicillin capsules) for the treatment of H. pylori infection in adults. For more information about Phathom, visit the company’s website at www.phathompharma.com and follow on LinkedIn and X.

MEDIA CONTACT

Nick Benedetto
1-877-742-8466
[email protected]

INVESTOR CONTACT

Eric Sciorilli
1-877-742-8466
[email protected]

© 2025 Phathom Pharmaceuticals. All rights reserved. VOQUEZNA, VOQUEZNA DUAL PAK, VOQUEZNA TRIPLE PAK, Phathom Pharmaceuticals, and their respective logos are registered trademarks of Phathom Pharmaceuticals, Inc.



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Rigetti Computing and Montana State University Collaborate to Advance Quantum Research and Innovation

Rigetti and Montana State University have signed a Memorandum of Understanding to advance quantum computing research and innovation. Today marks the opening of Montana State University’s QCORE, where a Rigetti Novera QPU is installed and will be available to researchers.

BERKELEY, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, has announced a new collaboration with Montana State University (“MSU”) to advance quantum computing research and innovation. Today marks the grand opening of QCORE, MSU’s new research and innovation center dedicated to quantum and photonic systems integration. MSU is the first academic institution with an on-premises Rigetti quantum computer. QCORE features a 9-qubit Novera™ QPU, which will be used by researchers to advance quantum computing R&D.

“We congratulate MSU on this exciting milestone and look forward to supporting Montana’s vibrant quantum computing ecosystem. Hands-on access to quantum computing technology is key for not only quantum computing research, but also for workforce development and education. Rigetti is proud to support QCORE, and we look forward to growing Montana’s quantum capabilities together,” says Dr. Subodh Kulkarni, Rigetti CEO.

“The creation of QCORE at Montana State University provides access to cutting edge quantum computing resources like this Rigetti system that will drive research and innovation benefiting Montanans and people around the world. Montana is producing the enabling technology and critical components of quantum systems. The Rigetti system gives us access to a new modality of quantum computing,” says Dr. Jayne Morrow, QCORE CEO.

Through the new collaboration, Rigetti and MSU intend to collaborate on a variety of initiatives, including research projects related to quantum hardware and hybrid quantum systems, workforce development activities, and co-development and testing of enabling technologies and quantum system components. Rigetti may also support QCORE by providing strategic and technical input on its research and program development, offering workforce training opportunities, and supporting regional talent development, among other efforts to bolster the center. Collectively, these initiatives underscore the importance of public-private partnerships in advancing next-generation quantum technologies.

“Rigetti’s research collaborations with MSU’s QCORE and also with the Air Force Research Lab (AFRL), facilitated through an Indefinite Delivery Indefinite Quantity contract, will leverage industry fabrication and manufacturing capabilities to develop customized quantum systems for research and development in quantum networking hardware,” said Matthew D. LaHaye, Ph.D, Principal Research Physicist at the Air Force Research Laboratory, Information Directorate Quantum Information Sciences & Technology Branch. “The on-premises Novera QPU at AFRL acts as a testbed for quantum computing research and development.”

The Novera QPU is a 9-qubit quantum processing unit based on Rigetti’s Ankaa™-class architecture, featuring tunable couplers and a square lattice for dense connectivity and fast two-qubit operations. The Novera QPU is manufactured in Rigetti’s Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility.

About Rigetti

Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti’s 9-qubit Novera QPU was introduced in 2023 supporting a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer’s existing cryogenic and control systems. The Company’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at https://www.rigetti.com/.

Cautionary Language Concerning Forward-Looking Statements

Certain statements in this communication may be considered “forward-looking statements” within the meaning of the federal securities laws, including statements with respect to the Company’s expectations with respect to its future success and performance, including the possibility and extent that the MOU may result in successful collaborations on a variety of initiatives. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company’s ability to achieve milestones, technological advancements, including with respect to its technology roadmap; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the success of the Company’s partnerships and collaborations, including the strategic collaboration with MSU; the Company’s ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Company’s estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives and expansion plans; the expected use of proceeds from the Company’s past and future financings or other capital; the sufficiency of the Company’s cash resources; unfavorable conditions in the Company’s industry, the global economy or global supply chain, including rising inflation and interest rates, deteriorating international trade relations, political turmoil, natural catastrophes, warfare and terrorist attacks; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 and other documents filed by the Company from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.

Rigetti Computing Media Contact:

[email protected]



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Tri Pointe Homes Named To 2025 People® Companies That Care List, Marking the Homebuilder’s Third Consecutive Year of Recognition

The honor highlights Tri Pointe’s continued investment in its people, innovative workplace culture, and enduring focus on values-based leadership and community impact

INCLINE VILLAGE, Nev., Aug. 20, 2025 (GLOBE NEWSWIRE) — Tri Pointe Homes® (NYSE: TPH), one of the largest homebuilders in the U.S., today announced its inclusion on the 2025 PEOPLE® Companies that Care list from Great Place to Work® and PEOPLE magazine. This marks the third consecutive year that Tri Pointe has earned this coveted distinction, reflecting its steadfast commitment to fostering a workplace rooted in care, empowerment, and purpose-driven culture.

The highly competitive honor from PEOPLE recognizes companies based on their ability to care for employees, families, and communities where they operate. Tri Pointe earned its place on the list by surpassing rigorous benchmarks and demonstrating measurable impact in areas like employee well-being, inclusive workplace practices, and social responsibility. To be selected, companies must provide compelling evidence through both data and employee surveys that their culture fosters positive outcomes for their team members regardless of job role, race, gender, sexual orientation, or other demographic identifiers.

“Our people are the foundation of everything we do, so to be recognized three years in a row for building a people-first culture is an incredible honor,” said Heather Breidenthal, Tri Pointe Homes Chief Human Resources Officer. “The Companies that Care list is a prestigious recognition that validates what we’ve always believed: our success begins with prioritizing the well-being, growth, and sense of belonging for our people. We strive to ensure every team member knows they matter, not just for what they do, but for who they are.”

The 2025 PEOPLE Companies That Care list is based on over 1.3 million confidential employee survey responses and data from companies representing the experience of more than 8.4 million employees. The Great Place To Work thorough evaluation process highlights companies where caring for people is a value embedded in daily practice. This distinction affirms Tri Pointe’s commitment to excellence and its ongoing efforts to build a workplace where care, inclusion, and contribution go hand in hand.

In the past year, Tri Pointe Homes deepened its people-first strategy by establishing new initiatives shaped directly from team member feedback. After team members expressed a desire for greater flexibility in healthcare options, the company introduced an additional PPO medical plan and expanded its wellness benefits to include support for fertility, hormonal health, adoption, and family forming. Tri Pointe also launched a comprehensive Career Development Program designed to support every team member in their professional growth. A new internal platform features step-by-step guidance with tools and resources to help all team members develop their careers with the company. Tri Pointe further supported this program launch by sharing diverse career growth stories from colleagues and sample career paths with detailed descriptions and responsibilities of each role. Informational workshops were also hosted to answer questions and empower team members to take ownership of their professional trajectories.

Tri Pointe also cultivates cultural and community impact through several signature programs. Volunteer-led Compass Clubs bring fun and purpose to the workplace through events that build connection and belonging. The Tri Pointe C.A.R.E.S. initiative offers paid volunteer time, empowering team members to support causes they care about and deepening the company’s connection to the communities it serves. Through its LivingSmart® program, the company promotes sustainable building practices and environmental stewardship while enhancing how people live.

“Tri Pointe Homes is proof that putting people first pays dividends across the entire organization,” said Tom Mitchell, Tri Pointe Homes President and Chief Operating Officer. “Our culture is built on H.E.A.R.T. values – Humility, Empowerment, Authenticity, Results, and Team – which influence how we show up for one another and our communities. By leading with these principles, we create an environment where people can grow, contribute, and make a meaningful impact far beyond the walls of our workplace.”

Tri Pointe Homes continues to lead in creating an environment where team members across all demographics feel they can excel. Through wellness programs, professional development opportunities, and a strong commitment to inclusion and belonging, the company has built a workplace culture that supports, inspires, and drives long-term success.

For more information about Tri Pointe Homes and its award-winning culture, visit TriPointeHomes.com.


About Tri Pointe Homes®


One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves—some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. Tri Pointe has won multiple Builder of the Year awards and was named 2024 Developer of the Year. The company is one of the 2023 and 2025 Fortune 100 Best Companies to Work For® and was designated as one of the PEOPLE Companies That Care® for three consecutive years (2023 through 2025). The company was also named as a Great Place To Work-Certified™ company for five years in a row (2021 through 2025), and was named on several Great Place To Work® Best Workplaces list (2022 through 2024). For more information, please visit TriPointeHomes.com.

About the PEOPLE Companies That Care List

Great Place To Work selected the 2025 PEOPLE Companies that Care List by gathering and analyzing over 1.3 million confidential survey responses from companies representing more than 8.4 million U.S. employees at Great Place To Work Certified organizations. Of those, more than 1 million responses came from employees at companies eligible for the list and these rankings are based on that feedback. Company rankings are derived from 60 employee experience questions within the Great Place To Work Trust Index™ Survey and essays submitted by participating companies. Read the full methodology.

To get on this list next year, start here.

About Great Place To Work

As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and Great Place To Work Model™ help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified or receiving recognition on a coveted Best Workplaces™ List.

Follow Great Place To Work on LinkedIn, Twitter, and Instagram or visit greatplacetowork.com and sign up for the newsletter to learn more.

About PEOPLE

PEOPLE delivers the most trustworthy celebrity news and captivating human interest stories, connecting you to the pulse of American culture. Since our first issue hit stands in 1974, we have been striving to tell compelling stories about the people behind the issues, as opposed to just the issues themselves. We are your everyday escape, taking you inside the lives of intriguing stars, newsmakers, up-and-comers, and ordinary people doing extraordinary things. We serve and delight you by providing ideas about beauty, food, and style through the lens of the people influencing the trends. And we are a force for good by telling stories of hope, optimism, and kindness that drive conversation and inspire action.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff111100-9adb-4aaf-9593-3464d81dc382



CONTACT:
Katy Biggerstaff
[email protected] / 562.761.6338

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Zscaler and CrowdStrike Expand Partnership to Strengthen AI-Driven Security Operations

CrowdStrike Falcon Platform Selected as a Preferred Partner to Modernize Legacy Endpoint Detection & Response for Customers

SAN JOSE, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced an expanded partnership between Red Canary, a Zscaler company, and strategic partner CrowdStrike to deliver enhanced protection across endpoints, users, and workloads. Together, Zscaler and Red Canary are delivering a seamless path forward for customers migrating from legacy endpoint products to CrowdStrike’s Falcon platform. By integrating the Zscaler Zero Trust Exchange™ platform, the AI-native CrowdStrike Falcon® platform, and Red Canary’s agentic-AI driven security operations platform, customers gain a multi-layered defense against threats. This powerful combination delivers enriched user and endpoint context, enabling lightning-fast responses to stop and neutralize threats.

Red Canary’s agentic-AI driven managed detection and response (MDR) further leverages deep endpoint context from CrowdStrike’s Falcon platform and will be enhanced by the combined power of rich user context from the Zscaler Zero Trust Exchange platform to improve threat detection accuracy and response time.

Organizations can modernize their security by replacing multiple legacy point products with a cloud-native architecture that features AI-powered detection, integrates with Zscaler, and is delivered through Red Canary’s security operations platform. This solution replaces outdated Endpoint Detection and Response tools and fragmented security stacks, providing enhanced protection through automated workflows and integrated responses across endpoint, identity, and network – all within a unified solution.

“Zscaler and CrowdStrike share a vision to enable secure digital transformation with uncompromising protection across every layer of the enterprise,” said Raj Judge, Board Member and EVP of Corporate Strategy at Zscaler. “By expanding our partnership with CrowdStrike through Red Canary, we are accelerating security operations with advanced AI-powered automation, best-of-breed technologies, and a shared commitment to putting our customers first.”

This collaboration builds on a deep, strategic, and successful multi-year partnership between Zscaler and CrowdStrike. As a preferred partner in the Red Canary security operations ecosystem, CrowdStrike strengthens Red Canary’s ability to provide greater flexibility and control – helping customers optimize their security investments and empowering partners to deliver robust managed SOC services. The joint offering enhances partner-delivered MDR services and unlocks new opportunities across the shared ecosystem.

“Organizations are moving away from legacy, point product endpoint vendors in search of platform outcomes and elite protection,” said Daniel Bernard, Chief Business Officer at CrowdStrike. “By expanding our partnership with Red Canary and Zscaler, we’re delivering world-class security operations powered by the Falcon platform, Red Canary’s agentic-AI managed endpoint expertise, and Zscaler’s cloud-native zero trust capabilities. Together, we’re helping customers standardize their security architectures, stopping breaches with real-time threat detection, lightning-fast response, and the confidence that comes with the AI-native Falcon platform.”

“We’re fundamentally transforming the security operations landscape by bringing together three undisputed leaders in cybersecurity that raises the bar for security outcomes,” said Brian Beyer, Co-founder and President of Red Canary, a Zscaler Company. “Our customers are experiencing dramatic improvements in threat detection accuracy, response times, and operational efficiency – proving that when you bring together the best technologies and expertise, you deliver exceptional outcomes.”

Forward-Looking Statements

This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected benefits and impacts of the proposed partnership to Zscaler and its customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to Zscaler’s ability to successfully integrate Red Canary technology into our cloud platform.

Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 29, 2025, which is available on our website at ir.zscaler.com and on the SEC’s website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

About Zscaler

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 160 data centers globally, the SASE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.

About CrowdStrike


CrowdStrike
 (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/
Follow us: Blog | X | LinkedIn | Facebook | Instagram
Start a free trial today: https://www.crowdstrike.com/free-trial-guide/

© 2025 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

Media Contact:

Nick Gonzalez
[email protected]



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Brera Holdings Portfolio Club Juve Stabia Featured in La Gazzetta dello Sport: “Where Talent Turns to Gold”

Subsidiary of Nasdaq-listed Brera Led by Sporting Director Matteo Lovisa “has a keen eye for young talent”

According to Italy’s largest sports daily Juve Stabia’s Matteo Lovisa (pictured above) “has chosen the best”

Dublin, Ireland and Naples, Italy, Aug. 20, 2025 (GLOBE NEWSWIRE) — Brera Holdings PLC (“Brera Holdings” or the “Company”) (Nasdaq: BREA), an Ireland-based international holding company focused on expanding its global portfolio of men’s and women’s football clubs through a multi-club ownership (“MCO”) strategy, the first to list on Nasdaq, recently received accolades in Gazzetta dello Sport for the superior player development results of its majority-owned Serie B club Juve Stabia:  “where talent turns to gold” according to Italy’s leading sports daily newspaper.

https://www.gazzetta.it/Calcio/Serie-B/Juve-Stabia/16-08-2025/de-pieri-cacciamani-stabile-il-laboratorio-juve-stabia-dove-il-talento-diventa-oro.shtml

Better known as “The Other Team of Naples,” Le Vespe of Castellammare di Stabia are led by 29-year-old third-year sporting director Matteo Lovisa, and 38-year-old first year coach Ignazio Abate, formerly of AC Milan, who the Gazzetta called, “a young, modern coach, brimming with ideas,” and ‘very good,’ Lovisa swears. “The team has changed a lot, almost 50%, so we need to give him time to work; a bit of patience will be needed at the beginning. The goal is to stay up and then, obviously, to allow our young players to develop as best they can,” Lovisa added.

But their youth development isn’t new. Data shows that last year, Juve Stabia ranked second in terms of average age: 24.3, behind only Frosinone and ahead of all other Serie B teams. “We’re a club that gives young players time to develop,” says the young sporting director Lovisa.    The Gazzetta story concluded that “young players are fine, and their development is fine, but the results? Well, here they are: fifth place in the 2024/25 regular season, then a strong playoff run, halted in the semifinals by Cremonese, who would go on to beat Spezia to return to Serie A. Perhaps this is the precedent: football can be played (and achieved) even with young players. Whether they’re behind the desk, on the bench, or on the pitch.”

Brera recently announced that its portfolio club S.S. Juve Stabia, “The Other Team of Naples,” has recorded the highest market value increase in Italy’s Serie B football league over the 2024-25 season as reported in Virgilio Sport. Juve Stabia’s valuation was up 245% to US $32 million using quantitative data from Transfermarkt, and qualitative analysis from Social Media Soccer. 

Since the 2024-25 season began after promotion from Serie C to Serie B, Juve Stabia’s squad value surged from US$ 9.3 million based on the Club’s strong performance on the field, with a run from 5th place into the Serie A promotion playoffs all the way to the semifinals.

Through Brera’s Nasdaq-listed shares, investors have had the opportunity to participate in this valuation increase milestone following Brera’s ownership, and also signals Juve Stabia’s growing competitiveness on increasingly higher levels of professional football.

ABOUT BRERA HOLDINGS PLC

Brera Holdings PLC (Nasdaq: BREA) is dedicated to expanding its social impact football business by developing a global portfolio of emerging football and sports clubs. Building on the legacy of Brera FC, which it acquired in 2022, the Company aims to create opportunities for tournament prizes, sponsorships, and professional consulting services. Brera FC, recognized as “The Third Team of Milan,” has been crafting an alternative football legacy since its founding in 2000. The club also organizes the FENIX Trophy, a nonprofessional pan-European tournament acknowledged by UEFA. This tournament, which has been referred to as “the Champions League for Amateurs” by BBC Sport, has garnered significant media coverage, including from ESPN.

In its efforts to broaden its reach, Brera expanded into Africa in March 2023 by establishing Brera Tchumene FC in Mozambique, which quickly rose to the First Division after winning its post-season tournament. In April 2023, the Company acquired a 90% stake in the North Macedonian first-division team Fudbalski Klub Akademija Pandev, now known as Brera Strumica FC. Additionally, in June 2023, Brera made a strategic investment in Manchester United PLC, realizing a 74% gain. The Company further diversified its portfolio in July 2023, assuming control of Bayanzurkh Sporting Ilch FC, a Mongolian National Premier League team, which became Brera Ilch FC, and in September 2023 by establishing a joint stock company for the North Macedonian women’s football club Tiverija Strumica, now known as Brera Tiverija FC, a wholly-owned subsidiary of Brera Strumica FC, in June 2024.

On December 31, 2024, Brera executed an agreement to acquire a majority stake in the corporate capital of SS Juve Stabia srl, the company which manages the Italian Serie B football club Juve Stabia, also known as “The Other Team of Naples”. The acquisition of Brera’s 52% majority control position was concluded on June 20, 2025, following a multi-step process and marks a significant expansion of the Company’s MCO model.  With a strategic emphasis on bottom-up value creation, innovation-driven growth, and socially impactful outcomes, Brera Holdings has established itself as a forward-thinking leader in the global sports industry. For more information, visit www.breraholdings.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company’s ability to continue as a going concern, the popularity and/or competitive success of the Company’s acquired football and other sports teams, the Company’s ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company’s ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.

Company Contact Information:

Dan McClory, Executive Chairman, Brera Holdings PLC
Email: [email protected] 

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