Market Newsdesk

630 Homes Expected to be Powered by this Community Solar Project

TORONTO
, March 11, 2025 /PRNewswire/ – SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) (“SolarBank” or the “Company”) is pleased to announce an update on the development of a 5.4 MW DC ground-mount solar power project known as the Boyle Rd project (the “Project”) on a site located in upstate New York. The Project has achieved a development milestone in receiving positive interconnection results via a completed Coordinated Electric System Interconnection Review (CESIR). Now that the Company has received a positive interconnection determination, it will proceed with permitting the Project site. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority (“NYSERDA”) NY-Sun Program.

Following receipt of the necessary permits and financing, the Company intends to commence the construction of the Project. Once completed, the Project will be operated as a community solar project. Community solar is a group of solar panels with access to the local electricity grid. Once the panels are turned on and generating electricity, clean energy from the site feeds into the local power grid. Depending on the size and number of panels the project has, dozens or even hundreds of renters and homeowners can save money from the electricity that is generated by the project. By subscribing to a project, a homeowner earns credits on their electric bill every month from their portion of the solar that’s generated by the project, accessing the benefits of solar without installing panels on their home.

Solar Simplified handles all customer-facing activities for the Company’s community solar projects, allowing it to focus on developing and expanding its renewable energy portfolio. Solar Simplified’s expertise in acquisition, enrollment, and management ensures full project subscription and maximized revenue from day one. With a business model that aligns seamlessly with the Company’s, this partnership drives sustainable growth, enabling the Company to accelerate development, bring more projects online each year, and create greater value for its business and the communities served by the Company.

There are several risks associated with the development of the Project. The development of any project is subject to receipt of a community solar contract, required permits, the continued availability of third-party financing arrangements for the Company and the risks associated with the construction of a solar power project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in future projects no longer being economic. Please refer to “Forward-Looking Statements” for additional discussion of the assumptions and risk factors associated with the Project and statements made in this press release.

About SolarBank Corporation

SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar, Battery Energy Storage System (BESS) and EV Charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about SolarBank, please visit www.solarbankcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, “forward-looking ‎statements”) that relate to the Company’s current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will ‎continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, ‎‎”projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company’s expectations regarding its industry trends and overall market growth; the Company’s growth strategies the expected energy production from the solar power project mentioned in this press release; the number of homes expected to be powered; the receipt of permits and financing to be able to construct the Project; the receipt of incentives for the Project; and the size of the Company’s development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company’s ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company’s ability to attract and retain skilled staff; market competition; the products and services offered by the Company’s competitors; that the Company’s current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under “Forward-‎Looking Statements” and “Risk ‎Factors” in the Company’s most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company’s growth strategy depends upon the continued availability of third-party financing arrangements; the Company’s future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company’s project development and construction activities may not be successful; developing and operating solar projects exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements (“PPAs”) and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company’s effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company’s results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation; unexpected warranty expenses that may not be adequately covered by the Company’s insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any resurgence of COVID-19 on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

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SOURCE SolarBank Corporation

SOUTHLAKE, Texas
, March 11, 2025 /PRNewswire/ — Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today announced that Sabre’s board of directors has nominated Ashan Willy, a highly-experienced executive in SaaS technology and platforms, as an independent director for election at Sabre’s 2025 Annual Meeting, to be held on April 23, 2025.

“We are excited about Ashan’s nomination to join Sabre’s board of directors and the valuable technology expertise he brings,” said Gail Mandel, Chair of Sabre’s board of directors. “We believe Ashan’s experience and insights will augment the existing technology expertise of the board as we advance our strategy to enhance value for Sabre’s shareholders. We look forward to his contributions in the years to come.”

Following election, Willy is expected to join the technology committee and the compensation committee.

About Ashan Willy

Ashan Willy is the CEO of New Relic, Inc., the pioneer and leading company in the Observability space. Since 2023, he has led the company, focusing on customer success and innovation. Previously, he served as CEO of Proofpoint, Inc., one of the largest pure play cybersecurity companies in the market, where he managed a global workforce of over 4,500 employees, enhancing cybersecurity and compliance. His extensive leadership experience spans sales, engineering, product management, and global go-to-market strategies. Before Proofpoint, he held significant roles at Polycom, Juniper Networks, and WebEx (Cisco Systems). Willy’s expertise includes international business, B2B services, marketing, technology, operations, and strategic risk management.

About Sabre Corporation

Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre harnesses speed, scale and insights to build tomorrow’s technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, with employees across the world, Sabre serves customers in more than 160 countries globally. For more information visit www.sabre.com.

SABR-F

Media Contact:


Cassidy Smith-Broyles

[email protected]

[email protected]

Investor Contact
:
Brian Roberts
[email protected]
[email protected]

 

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SOURCE Sabre Corporation

RESTON, Va.
, March 11, 2025 /PRNewswire/ — For the eighth consecutive year, Leidos (NYSE:LDOS) has been named one of the World’s Most Ethical Companies^® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Leidos is one of only two honorees in the Information Technology category this year.

“We are gratified that Ethisphere has again recognized Leidos for our commitment to ethics, integrity, and responsible business practices,” said Tom Bell, Leidos chief executive officer. “Our employees embody these values every day, ensuring we operate with trust and accountability in everything we do.”   

Leidos fosters a strong culture of ethics and integrity, guided by its Code of Conduct, which outlines principles for conducting business at the highest ethical standards. The code serves as a foundational resource for employees, helping to enhance and sustain a strong culture in daily operations.

“Behind this honor is a true dedication and a commitment to advancing business integrity,” said Erica Salmon Byrne, Ethisphere’s chief strategy officer and executive chair. “This approach is good for business. Employees and other stakeholders value companies that prioritize the kinds of practices we measure. Congratulations to Leidos for once again achieving recognition as one of the World’s Most Ethical Companies.”

Grounded in Ethisphere’s Ethics Quotient^®, the World’s Most Ethical Companies assessment evaluates companies across more than 240 different proof points related to ethics and compliance, governance, a culture of ethics, environmental and social impact, and initiatives that support a strong value chain. In 2025, 136 companies spanning 19 countries and 44 industries were recognized for their commitment to ethical business conduct.

The full list of the World’s Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.

About Leidos

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 48,000 global employees, Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ended January 3, 2025. For more information, visit www.leidos.com.

Media Contact:
Victor Melara
(703) 431-4612
[email protected] 

 

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SOURCE Leidos

The candy collaboration includes gummi-inspired footwear and exclusive Goldbears Jibbitz™ charms

ROSEMONT, Ill.
, March 11, 2025 /PRNewswire/ — HARIBO, the world’s leading gummi brand, has teamed up with iconic global footwear brand, Crocs, to launch the all-new HARIBO Classic Clog. Inspired by HARIBO’s iconic Goldbears, this limited-edition collaboration brings a playful twist to Crocs’ beloved Classic Clog design, featuring a translucent, gummi-inspired design and exclusive Goldbears Jibbitz™ charms.

With sizes for kids and adults, the HARIBO Classic Clog is the perfect way to add fun and flavor to your everyday style. The clogs feature an embossed sole with playful Goldbears details and pivoting HARIBO-branded heel straps for a secure and customizable fit. Designed to be lightweight, water-friendly and buoyant, they are also effortless to clean – making them perfect for daily wear. Plus, adult fans can personalize their pair with exclusive Goldbears Jibbitz™ charms, available in two sweet styles: oversized Goldbears and a Goldbears package charm, adding even more sweetness to every step. The kid-size Crocs come with permanent Goldbears Jibbitz™ so they can take their favorite Goldbears wherever they go.

“The HARIBO Classic Clog is a fun collaboration that lets fans show off their love of Goldbears in a whole new way,” said Seth Klugherz, vice president of marketing at HARIBO of America. “This collection captures the childlike happiness and nostalgia of everyone’s favorite gummi bears.”

“At Crocs, we’re all about embracing the unexpected,” said Matias Infante, vice president of global marketing at Crocs. “Our collaboration with HARIBO is the perfect example of that—melding comfort, fashion, and self-expression with a dash of joy. It’s everything our fans love and more!”

Starting March 11, the HARIBO Classic Clog and Goldbears Jibbitz™ are available while supplies last so don’t miss your chance to treat your feet. Shop HARIBO x Crocs before they’re gone at crocs.com, select retailers and wholesale partners.

About HARIBO

HARIBO is the world’s leading manufacturer of gummi products, most famous for our classic Goldbears. Globally, the business employs nearly 7,000 Associates and operates 16 production sites in 11 countries. A family-owned business with a century-long heritage, our founder, Hans Riegel, built HARIBO on a foundation of quality and inspiring moments of childlike happiness through our products. Established in 1920, HARIBO is the acronym that comprises our founder’s name and the city in which the company was born (Bonn, Germany): HAns RIegel BOnn. We pride ourselves on making playful gummies that are meant to be shared so our inner-child can always experience joy through sweet treats. HARIBO global headquarters is in Grafschaft, Germany and its U.S. headquarters operates out of Rosemont, Ill. For more information, visit www.haribo.com.

About Crocs, Inc.
Crocs, Inc. (Nasdaq: CROX), headquartered in Broomfield, Colorado, is a world leader in innovative casual footwear for all, combining comfort and style with a value that consumers know and love. The Company’s brands include Crocs and HEYDUDE, and its products are sold in more than 80 countries through wholesale and direct-to-consumer channels. For more information on Crocs, Inc. visit investors.crocs.com. To learn more about our brands, visit www.crocs.com or www.heydude.com. Individuals can also visit https://investors.crocs.com/news-and-events/ and follow both Crocs and HEYDUDE on their social platforms.

Contact: Lauren Triffler

Director of Corporate Affairs & Communications


[email protected]

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SOURCE HARIBO

CARY, N.C.
, March 11, 2025 /PRNewswire/ — Fathom Holdings, Inc. (Nasdaq: FTHM) (“Fathom”; or the “Company“), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, today announced that it has entered into a definitive securities purchase agreement for the purchase of an aggregate of 3,505,364 shares of its common stock to certain investors at a purchase price of $0.6847 per share, and an aggregate of 832,639 shares of its common stock to members of its Board of Directors (the “Board”) at a purchase price of $0.7206 per share, which was the consolidated closing bid price per share on March 10, 2025, in a registered direct offering (the “Offering”). The closing of the Offering is expected to occur on or about March 14, 2025, subject to the satisfaction of customary closing conditions.

As a part of the Offering and in connection with the closing of the Offering, the Company has agreed to appoint Adam Rothstein to the Board, subject to approval by the Board upon the recommendation of the Nominating and Corporate Governance Committee of the Board.

The financing is being led by new investors, including, Adam Rothstein and ReMY Capital Partners III LP, with participation from current members of the Board, Scott Flanders and Steve Murray.

The aggregate gross proceeds to the Company from the Offering are expected to be approximately $3.0 million, before deducting estimated offering expenses payable by the Company.  The Company intends to use the net proceeds from the Offering for general corporate and working capital purposes and funding strategic acquisitions of businesses that are complementary to its own.

The securities described above are being offered pursuant to a “shelf” registration statement (File No. 333-276318) filed with the Securities and Exchange Commission (“SEC”) on December 29, 2023 and declared effective on January 11, 2024. The Offering is being made only by means of a prospectus forming a part of the effective registration statement. The prospectus supplement and the accompanying prospectus relating to the securities being offered will be filed with the SEC and be available at the SEC’s website at www.sec.gov. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the securities being offered may also be obtained, when available, by contacting the Company at 2000 Regency Parkway Drive, Suite 300 Cary, North Carolina 27518 or by telephone at (888) 455-6040.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Fathom Holdings Inc.
Fathom Holdings Inc. is a national, technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company’s brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title.

Cautionary Note Concerning Forward-Looking Statements
This press release contains “forward-looking statements” that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including risks associated with general economic conditions, including rising interest rates; risks associated with the Company’s Bitcoin strategy, including to volatility; its ability to generate positive operational cash flow; risks associated with the Company’s ability to continue achieving significant growth; its ability to continue its growth trajectory while achieving profitability over time; risks related to ongoing and future litigation; and other risks as set forth in the Risk Factors section of the Company’s most recent Form 10-K as filed with the SEC and supplemented from time to time in other Company filings made with the SEC, including the Company’s Current Report on Form 8-K filed on or around January 23, 2025. Copies of Fathom’s Form 10-K and other SEC filings are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.

Investor Contact:

Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
[email protected]

 

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SOURCE Fathom Holdings Inc.

• 
  James Young, PhD retires as Chair of the Board, Margaret McGlynn, RPh, appointed
• 
  John Shiver, PhD appointed to board of directors

GAITHERSBURG, Md.
, March 11, 2025 /PRNewswire/ — Novavax, Inc. (Nasdaq: NVAX) today announced that James Young, PhD, is retiring as Chair of the Board and Margaret McGlynn, RPh, has been appointed as his successor. The Company also appointed John Shiver, PhD, to its board as an independent director.

Dr. Young made the decision to resign from the board effective March 10, 2025. He has served on Novavax’s board since 2010 and as Chair since 2011. During his tenure, the Company acquired Isconova and the Matrix-M™ adjuvant, now a key component of its technology platform. Novavax also earned global approvals for and commercialized its first vaccine ever for COVID-19, ramping up quickly to meet the demands of the global pandemic. Dr. Young helped to guide the Company through the partnership with Sanofi in 2024 and the subsequent transformative focus on a new corporate growth strategy to maximize the impact of Novavax’s cutting-edge technology by focusing on strategic partnerships for its research and development (R&D) assets and its Matrix-M™ adjuvant.

“We’ll forever be grateful for Jim’s leadership during such critical moments for Novavax over the past 15 years,” said John C. Jacobs, President and Chief Executive Officer, Novavax. “With the solid foundation he helped build, we look forward to advancing our corporate growth strategy with Margie at the helm of the board, and now with John’s guidance as well. Both Margie and John bring a wealth of experience and under the collective leadership of all of our board members, we are well-positioned to deliver for our shareholders.”

Ms. McGlynn has served on Novavax’s board of directors since 2020. She previously served as President, Merck Vaccines and Infectious Disease, and after 26 years at Merck, served as CEO of the International AIDS Vaccine Initiative. She also serves on the board of directors of Amicus Therapeutics and University at Buffalo Foundation.

“Thanks to Jim’s leadership, Novavax is primed to deliver against an exciting new pipeline through strategic collaborations,” said Ms. McGlynn. “I look forward to working with this immensely talented board and executive leadership team to support Novavax as it moves into a position of strength over the coming years.”

Dr. Shiver has more than 30 years of vaccine, biologics and RNA therapeutics experience in pharmaceutical research and development. He has led teams of scientists to develop novel vaccine and monoclonal antibody candidates to prevent or treat more than 40 infectious and non-infectious diseases. Dr. Shiver has also created a machine learning/artificial intelligence group to help design new vaccine candidates. He has served on multiple scientific advisory boards and committees including the International AIDS Vaccine Initiative Board of Directors and the Board of Directors for Icosavax, Auravax and Calder Biosciences. Dr. Shiver is a Special Advisor to F Prime Capital and serves as Head of R&D and an Observer of the board of directors at Vibrant Biomedicines. His past experience includes roles at IGM ID, Sanofi Pasteur, Merck and the National Cancer Institute. Dr. Shiver holds a Bachelor of Science degree in Chemistry and Mathematics from Wofford College and a Doctor of Philosophy in Physical Chemistry from the University of Florida.

About Novavax
Novavax, Inc. (Nasdaq: NVAX) tackles some of the world’s most significant health challenges by leveraging its scientific expertise in vaccines and its cutting-edge technology platform, including a protein-based nanoparticle and Matrix-M™ adjuvant. The Company’s growth strategy is focused on building new and diversified partnerships via the out-licensing of its technology platform and vaccine assets earlier in the development process. These strategic collaborations are fueled by smart investments in a growing early-stage pipeline starting with the Company’s core expertise in infectious disease and potentially expanding into other disease areas. Please visit novavax.com and LinkedIn for more information.

Forward-Looking Statements
Statements herein other than statements of historical fact, including statements relating to the Company’s corporate growth strategy, the composition of its Board of Directors, and expectations regarding its clinical pipeline through strategic collaborations, are forward-looking statements. Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, challenges or delays in obtaining regulatory authorization or approval for its COVID-19 vaccine, in particular with respect to its Biologics License Application (BLA) submission to the U.S. Food and Drug Administration (FDA) for approval of its COVID-19 vaccine, or its other product candidates, including for future COVID-19 variant strain changes, its COVID-19-Influenza-Combination (CIC) vaccine candidate, its stand-alone influenza vaccine candidate or other product candidates; Novavax’s ability to successfully and timely manufacture, market, distribute, or deliver its updated 2024-2025 formula COVID-19 vaccine and the impact of its not having received a BLA from the FDA for the 2024-2025 vaccination season; challenges related to Novavax’s partnership with Sanofi and in pursuing additional partnership opportunities; challenges satisfying, alone or together with partners, various safety, efficacy, and product characterization requirements, including those related to process qualification, assay validation and stability testing, necessary to satisfy applicable regulatory authorities; challenges or delays in conducting clinical trials or studies for its product candidates; manufacturing, distribution or export delays or challenges; Novavax’s substantial dependence on Serum Institute of India and Serum Life Sciences Limited for co-formulation and filling Novavax’s COVID-19 vaccine and the impact of any delays or disruptions in their operations; difficulty obtaining scarce raw materials and supplies including for its proprietary adjuvant; resource constraints, including human capital and manufacturing capacity; constraints on Novavax’s ability to pursue planned regulatory pathways, alone or with partners; challenges in implementing its global restructuring and cost reduction plan; Novavax’s ability to timely deliver doses; challenges in obtaining commercial adoption and market acceptance of its updated 2024-2025 formula COVID-19 vaccine or any COVID-19 variant strain containing formulation, or for its CIC vaccine candidate and stand-alone influenza vaccine candidate or other product candidates; challenges meeting contractual requirements under agreements with multiple commercial, governmental, and other entities, including requirements to deliver doses that may require Novavax to refund portions of upfront and other payments previously received or result in reduced future payments pursuant to such agreements and challenges in amending or terminating such agreements; challenges related to the seasonality of vaccinations against COVID-19 or influenza; challenges related to the demand for vaccinations against COVID-19 or influenza; challenges in identifying and successfully pursuing innovation expansion opportunities, including with respect to Novavax’s Matrix-M adjuvant; Novavax’s expectations as to expenses and cash needs may prove not to be correct for reasons such as changes in plans or actual events being different than its assumptions;; and those other risk factors identified in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Novavax’s Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission (SEC). We caution investors not to place considerable reliance on forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov and www.novavax.com, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of the statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Contacts:

Investors

Luis Sanay, CFA
240-268-2022
[email protected]

Media

Giovanna Chandler

202-709-5563
[email protected]

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SOURCE Novavax, Inc.

CULVER CITY, Calif.
, March 11, 2025 /PRNewswire/ — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment,is set to take center stage at the the 2025 Game Developers Conference (GDC) with an exciting lineup of panels featuring new trailers, behind-the-scenes insights, and technical deep dives. Join us at the Snail Games booth for exclusive announcements and firsthand access to our latest projects.

GDC Snail Games Panel Schedule (All times are local/Pacific time)

Wednesday March 19, 2025 | Booth S1149

10:30 AM – 11:00 AM | Ark: Survival Evolved 10 Year Celebration – First Look | Booth S1149

Be among the first to hear about how Snail Games plans to celebrate 10 years of ARK: Survival Evolved.

2:00 PM – 2:30 PM |For The Stars – Creating Living Worlds Using Game Design and Art | Booth S1149

Gain insight into how the For The Stars team is making this AAA open world universe come to life.

3:00 PM – 3:30 PM | Bellwright – Our History: From Modding to Development | Booth S1149

Donkey Crew, the development team behind Bellwright explores their journey and what’s next for the game.

Thursday March 20, 2025

10:30 AM – 11:15 AM | Honeycomb: The World Beyond – “Technical Challenges in Implementing lively world of Sota7″  | Booth S1149

A showcase by Frozen Way, the developers of Honeycomb: The World Beyond will highlight unique game systems, created to make the world of Sota7 feel more alive.

2:00 PM – 2:45 PM | Robots at Midnight – Developer Journey; Finish Line Games  | Booth S1149

Developers, Finish Line Games, will explore the journey of Canadian game development from ideation to post-production, while offering a showcase of Robots at Midnight and a first peek behind the CPU.

3:00 PM – 3:30 PM | Echoes of Elysium – Developer Journey; Loric Games| Booth S1149

This presentation will focus on Loric Games studio’s journey, from its formation to the challenges they’ve faced along the way, and how those experiences are shaping Echoes of Elysium.

Don’t miss these must-see panels and the opportunity to connect with the developers shaping the future of gaming. Exclusive one-on-one interviews and never-before-seen gameplay walkthroughs are available for media upon request

For media inquiries, interview requests, or additional details, please contact: [email protected]

For creators interested in collaborative opportunities, please reach out to [email protected] 

About Snail Games

Snail Games is a leading global developer and publisher, known for delivering innovative, immersive gaming experiences across a range of genres and platforms. With a legacy of technological innovation and a focus on community engagement, Snail Games is shaping the future of interactive entertainment.

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail’s presence at the 2025 Game Developers Conference (GDC), which will include an extensive lineup of exciting updates, including new content announcements, first-look reveals, including a first look at a new game being developed in house, at GDC, new partnerships to highlight Snail’s growth strategy and the notion that these panels are “must-see” and provide the opportunity to connect with the developers shaping the future of gaming. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed by the Company with the SEC on April 1, 2024 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

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SOURCE Snail, Inc.