Market Newsdesk

PAWLEYS ISLAND, S.C., March 27, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of Sanderling Bay, an intimate community of luxury homes in Pawleys Island, South Carolina. Located just minutes from the beach, Sanderling Bay presents an extraordinary opportunity for residents to embrace a coastal lifestyle. The community is located at Petigru Drive and Martin Luther King Road in Pawleys Island and is now open for sale by appointment at an off-site Sales Center.

Sanderling Bay is an intimate community of just 22 single-story homes offering the opportunity to create a dream escape in a quiet beach town. Residents can spend their days relaxing at Litchfield Beach, golfing at any of this area’s top clubs, or exploring the exciting shopping and dining in nearby Myrtle Beach.

“Sanderling Bay offers a serene setting in Pawleys Island, just minutes from Litchfield Beach and with excellent shopping and dining in nearby Georgetown and Myrtle Beach,” said Jason Simpson, Group President of Toll Brothers in South Carolina. “This community features three thoughtful home designs with beautiful open floor plans and well-appointed kitchens. Customers will also appreciate the array of designer options available to personalize their home at the Toll Brothers Design Studio.”

Homes in Sanderling Bay feature three unique home designs with prices starting from $449,995. The single-family homes offer 3 to 4 bedrooms, 2 to 3 baths, and 2-car garages, with options for additional loft spaces in select designs.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Beautiful quick move-in homes with a curated selection of Designer Appointed Features are also available at Sanderling Bay, with move-in dates as early as July 2025.

Residents of Sanderling Bay will enjoy the peace of mind that comes with Toll Brothers’ quality craftsmanship, superior customer service, and the promise of an outstanding home building experience. For more information, home shoppers are invited to call (866) 232-1719 or visit TollBrothers.com/SC.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers has been one of Fortune magazine’s World’s Most Admired Companies™ for 10+ years in a row, and in 2024 the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2dd2f233-4dbb-469c-ac28-14179e86e6da

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

Vancouver, British Columbia and West Palm Beach, FL, March 27, 2025 (GLOBE NEWSWIRE) — Jolie Kahn, CEO of AgriFORCE Growing Systems, Ltd., a NASDAQ listed company (NASDAQ:AGRI), will be a panelist on “The Art of the Acquisition; Growing Your Company Using Mergers and Acquisitions”. The event will be hosted by Morgan Stanley at their offices in New York City on the evening of March 27th at 6pm EST. The event is being produced by the New York chapter of the Entrepreneurs’ Organization (EO), a global membership organization of over 20,000 members who are CEOs of companies with revenues in excess of $1 million. Currently over 100 CEOs are registered for the event.

Ms. Kahn will be discussing AgriFORCE’s recent acquisitions of Bitcoin mining facilities and how the recent shift to operating in the Bitcoin mining and crypto currency space has impacted the Company’s culture, operating systems, and financial reporting systems. 

Co-moderating the discussion will be Richard Levychin, CPA, a Managing Partner in the New York City offices of the global accounting firm, Galleros Robinson, and an independent board director for AgriFORCE. Mr. Levychin chairs the Company’s Audit Committee and serves on the Company’s Mergers and Acquisitions and Compensation Committees.

About AgriFORCE Growing Systems Ltd.

AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a forward-thinking technology company dedicated to solving critical challenges in agriculture, sustainability, and environmental stewardship. By leveraging advanced technologies and innovative business models, AgriFORCE aims to deliver value for shareholders while creating lasting benefits for communities and ecosystems.

Follow AgriFORCE on Social Media:

• X: @agriforcegs
• Facebook: AgriFORCE Growing Systems Ltd.
• LinkedIn: AgriFORCE Growing Systems Ltd.

Forward-Looking Statements

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will”, “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Period Reports on Forms 10-K and 10-Q, as may be supplemented or amended by the Company’s Current Reports on Form 8-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

For more information, visit www.agriforcegs.com.

For Further Information, Please Contact:

Investor Relations, 1-561-717-1742

PHILADELPHIA, March 27, 2025 (GLOBE NEWSWIRE) —

Holley Inc. (NYSE: HLLY) f/ka Empower Ltd. (NYSE: EMPW):

Grabar Law Office is investigating whether Officers and Directors of Holley Inc (NYSE: HLLY) breached their fiduciary duties owed to the Company.

Current Holley Inc. (NYSE: HLLY) shareholders who have held Holley shares since on or prior to July 21, 2021, or via holdings of Empower Ltd., can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/holley-shareholder-investigation/, contact Josh Grabar at [email protected], or call 267-507-6085.

Why?: A recently filed securities fraud class action complaint alleges that Holley Inc. (NYSE: HLLY) f/k/a Empower Ltd. (NYSE: EMPW), through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) as a result of Holley’s extensive focus on its direct-to-consumer (“DTC”) channel, Holley’s critically important relationships with its resellers and distributors, whose business made up the vast majority of Holley’s revenue, were suffering significant damage; (ii) Holley used discounting and other similar efforts to grow its DTC channel, which undermined the pricing discipline Holley historically had with its resellers and distributors, and further damaged Holley’s relationship with its resellers and distributors; (iii) as a result of Holley’s strained relationships with its resellers and distributors, those resellers and distributors were decreasing their purchases of Holley products, returning products already purchased at significant levels that were far above historical norms, and increasing their purchases of competitors’ products; (iv) Holley’s growing DTC channel could not offset the negative financial impact of Holley’s increasingly strained relationships with its resellers and distributors and, as a result, Holley’s critical relationship with resellers and distributors was deteriorating; (v) Holley had failed to successfully integrate and capture synergies from its numerous acquisitions, which left Holley with inefficient operations, excess costs, and inventory management problems; and (vi) Holley benefited from COVID-related stimulus money that temporarily boosted its sales and performance, and despite this unsustainable, temporary boost, defendants misled investors to believe the growth was sustainable and the result of persistent demand, and supportive of positive financial guidance.

What You Can Do Now:
Current Holley shareholders who have held Holley shares since on or prior to July 21, 2021,
or via holdings of Empower Ltd., can
seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/holley-shareholder-investigation/, contact Josh Grabar at [email protected], or call 267-507-6085. $HLLY #HolleyInc

Integra LifeSciences Holdings Corp. (NASDAQ: IART):

Grabar Law Office is investigating whether the Board of Directors of Integra LifeSciences Holdings Corp. (NASDAQ: IART) breached their fiduciary duties owed to the Company.

Current Integra LifeSciences Holdings Corp. (NASDAQ: IART) shareholders who have held the stock since on or before
March 11, 2019
,
can
seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them.   Learn more or join at: https://grabarlaw.com/the-latest/intrga-lifesciences-shareholder-investigation/. Contact Joshua H. Grabar at [email protected], or call 267-507-6085.

WHY
: An underlying securities fraud class action complaint alleges that Integra, via certain of his officers and directors, repeatedly touted that it was on track to grow SurgiMend’s market by obtaining FDA approval for use in post-mastectomy reconstruction, yet on May 23, 2023, the Company was forced to announce a “recall” of all products manufactured at its Boston Facility between March 1, 2018 and May 22, 2023. Integra LifeSciences explained that it had determined that the Boston Facility deviated from good manufacturing practices in testing for bacterial endotoxin and allowed the release of products with unsafe levels of endotoxins. As a result of the recall and manufacturing shutdown, the Company revised its guidance for the second quarter of 2023, lowering its revenue expectations by and disclosed that it expected to take a $22 million impairment due to the inventory write-off.

WHAT TO DO NOW: Current Integra LifeSciences shareholders who have held Integra LifeSciences shares since on or before March 11, 2019, can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them.

If you
would like to learn more about this matter, you are encouraged to visit

https://grabarlaw.com/the-latest/intrga-lifesciences-shareholder-investigation/

, contact Joshua H. Grabar at [email protected], or call us at 267-507-6085. $IART #IntegraLifeSciences

Outset Medical, Inc. (NASDAQ: OM)

:

Grabar Law Office is investigating whether certain officers and directors of Outset Medical, Inc. (NASDAQ: OM) breached the fiduciary duties they owed to the company.

Outset Medical shareholders who have continuously held Outset Medical shares since prior to
August 1, 2022, can
seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them.
Visit

https://grabarlaw.com/the-latest/outsetmedical-shareholder-investigation/

,
or contact Joshua Grabar at

[email protected]

or 267-507-6048 to learn more.

Why?   An underlying federal securities fraud class action complaint alleges that Outset Medical, through certain of its officers and directors, failed to disclose to investors: (1) the Tablo products were marketed for continuous renal replacement therapy, which is not one of the indications approved by the FDA; (2) that, as a result, Outset Medical was reasonably likely to submit an additional 510(k) application for the Tablo products; (3) that there was a substantial risk that the Company would cease sales of the Tablo products pending FDA approval of additional indications; (4) that Outset Medical lacked the sales team and process to execute on the ramp of Tablo sales; (5) that, as a result of the foregoing, the Outset Medical’s revenue growth would be adversely impacted; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis when made.

What You Can Do Now: If you are a current Outset Medical (NASDAQ: OM) shareholders who has continuously held Outset Medical shares since prior to August 1, 2022, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you.

If you would like to learn more about this matter at no cost to you, you are encouraged to visit https://grabarlaw.com/the-latest/outsetmedical-shareholder-investigation/, contact Joshua H. Grabar at [email protected], or call 267-507-6085. $OM #OutsetMedical #ShareholderGovernance #ShareholderRights

Virtu Financial Inc. (NASDAQ: VIRT) Class Action Survives Motion to Dismiss:

A federal securities fraud class action against Virtu Financial Inc. (NASDAQ: VIRT), and certain of its officers, has survived a motion to dismiss the complaint. The complaint alleges that Virtu and certain of its officers failed to disclose to investors that it had improper safeguards in place with respect to its primary database containing sensitive trader information.

Virtu shareholders who have continuously held Virtu shares since prior to November 7, 2018, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. Learn more or join by clicking https://grabarlaw.com/the-latest/Virtu-shareholder-investigation/, contact Joshua H. Grabar at [email protected], or call 267-507-6085.

WHAT IS HAPPENING: Grabar Law Office is investigating claims on behalf of long-term Virtu (NASDAQ: VIRT) shareholders. The investigation concerns whether certain officers of the company have breached their fiduciary duties owed to the company. This investigation comes as a shareholder securities fraud class action has survived a motion to dismiss.

WHY: A securities fraud class action complaint alleges that Virtu Financial, via certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company’s operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

On March 17, 2025, a federal Court determined that key allegations were sufficiently pled to survive defendants’ motion to dismiss.

According to the Court’s Order, “essentially anyone at Virtu, including its proprietary traders” could directly access this material non-public information from at least January 2018 through April 2019, and to do so, Virtu traders only needed to use a “widely known and frequently shared username and password.”

“The court concludes that plaintiff’s ‘inference of scienter,’ [inference that defendants knew their statements or omissions were false or misleading or acted with reckless disregard for the truth] supported by circumstantial evidence of defendants’ reckless failure to inform its investors about the FS Database issue, is ‘cogent and at least as compelling as’ defendants’ opposing inference that they identified the FS Database issue, rectified it, and self-reported it to the SEC, while continuously updating the market on the fact of and substance of the resultant SEC investigation.”

WHAT YOU SHOULD DO NOW: If you are a current Virtu shareholder who has held Virtu stock since on or before November 7, 2018, you can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to you. You are encouraged visit https://grabarlaw.com/the-latest/Virtu-shareholder-investigation/, contact Joshua H. Grabar at [email protected] or call 267-507-6085. $VIRT #VirtuFinancial

Attorney Advertising Disclaimer

Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel:  267-507-6085
Email: [email protected]

Dubai, March 27, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, today announces the successful syndication of a 24-month, USD 210 million senior unsecured term loan under a new facility agreement from a consortium of international lenders, including ICBC Standard Bank and leading GCC banks.

“I am pleased to mark VEON’s return to the capital markets with the successful syndication of this new USD 210 million term loan from a group of leading international banks and investors. This new debt facility reflects the market’s strong confidence in VEON’s strategy, financial health, and future. The new financing not only strengthens our liquidity position but also reinforces our commitment to executing on our digital operator strategy to deliver growth and long-term value creation for all stakeholders,” said VEON Group CEO Kaan Terzioglu.

“This new HQ-level syndicated loan is a testament to VEON’s strong relationships with our banks and other financial partners. It will significantly enhance the Group’s financial flexibility and strengthen our overall financial position,” said VEON Group CFO Burak Ozer.

The facility will bear interest at SOFR plus 425 bps.

About VEON

VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information visit: www.veon.com

Disclaimer

This release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to VEON’s commercial and investment plans, VEON’s ability to satisfy upcoming maturities and refinance its existing debt, and the expectation that VEON will be able to secure additional financing in the future. These statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause VEON’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements in this press release.

Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. There can be no assurance that the initiatives referred to above will be successful.

Contact Information 

VEON  

Hande Asik 
Group Director of Communication 
[email protected]

 

TIANJIN, China, March 27, 2025 (GLOBE NEWSWIRE) — LOBO EV Technologies Ltd., a growing innovator in smart electric mobility, today announced that it has entered into a significant international supply agreement with one international commercial company based in Ukraine. The agreement, signed on March 1, 2025, marks a major milestone in LOBO’s international expansion strategy in Eastern Europe.

Under the terms of the contract, LOBO EV Technologies will deliver a total of 5,500 electric vehicles to Ukraine, including 4,000 standard electric bicycles and 1,500 three-wheeled EVs (Model: XIAODOU). The total contract value is approximately $1,575,000 USD.

“This Ukraine company is our frequent clients and have a good relationships for two years. The signing of the contract reflects the strong business relationship between our two companies and also represents an endorsement of our high quality products and services. This agreement is a testament to the growing global demand for sustainable demands, too,” said Huajian Xu, CEO of LOBO EV Technologies Ltd. “We are proud to bring our efficient, eco-friendly electric vehicles to Ukraine and support the country’s transformation toward cleaner transportation alternatives. This deal underscores our ambitions to become a global supplier of electric micro-mobility solutions, and it marks just the beginning of our broader strategy to expand across international markets, including Europe and Central Asia, where demand for intelligent, zero-emission transport continues to rise.”

About LOBO EV Technologies Ltd.

LOBO is an innovative designer, developer, manufacturer and seller of e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons. LOBO also provides automobile information and entertainment software development and design services to customers. Leveraging its cutting-edge technologies in connectivity, multimedia interactive systems and artificial intelligence, LOBO re-defines and develops its products in order to provide users with convenient, affordable and pleasant driving experiences.

For more information, visit: https://www.loboebike.com and https://loboev.io. Any information displayed on, or that can be accessed through, our website or any other website or any social media is not a part of this press release.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “would,” “could,” “seek,” “intend,” “plan,” “goal,” “project,” “estimate,” “anticipate,” “strategy,” “future,” “likely” or other comparable terms, although not all forward-looking statements contain these identifying words.

All statements other than statements of historical facts included in this press release regarding the expected closing date of the public offering and the Company’s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements.

Such forward-looking statements are subject to risk and uncertainties, including, but not limited to, those described in “Risk Factors,” “Operating and Financial Review and Prospects,” “Cautionary Note Regarding Forward-Looking Statements” in the Annual Report on Form 20-F filed with the SEC (File No. 333-270499) on April 30, 2024. LOBO undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

Contact:

Michael Wei

Horizon IR

Email: [email protected]

Nashville, TN, March 27, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) — America’s Patriotic Brand (the “Company”), today announced that it will effect a reverse stock split of its outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), at a ratio of 1-for-25, to be effective as of 12:00 a.m. Eastern Time on March 31, 2025 as per NASDAQ.

The Company’s Common Stock will begin trading on a reverse stock split-adjusted basis at the opening of The Nasdaq Capital Market (“Nasdaq”) on Monday, March 31, 2025. Following the reverse stock split, the Common Stock will continue to trade on Nasdaq under the symbol “AREB” with the new CUSIP number, 02919L604. The reverse stock split is intended for the Company to:

• Enhance Deposit (Ability) and Marketability: By increasing the share price, a reverse split can make the stock more eligible for trading on certain platforms
• Continue to ensure compliance with the minimum bid price requirement of $1.00 per share of common stock for continued listing on Nasdaq.

Important information:

• Exchange/Split Rate: 1:25
• New CUSIP: 02919L604
• Date of Record: March 31, 2025
• Transfer Agent: Securities Transfer Corporation
  Contact Us – Securities Transfer Corporation

The reverse stock split will not change the authorized number of shares of the Company’s Common Stock. No fractional shares will be issued in connection with the reverse stock split and all such fractional interests will be rounded up to the nearest whole number of shares of Common Stock. Further, no current owner of 100 or more shares will be reduced to less than 100 shares. In addition, the reverse stock split will apply to the Common Stock issuable upon the exercise of the Company’s outstanding derivative securities, with proportionate adjustments to be made to the exercise prices and number of derivates thereof and under the Company’s equity incentive plans.

• Round Lot Shareholder Protection to ensure that shareholders holding a “round lot” (typically 100 shares) are not adversely affected by the split.

		Example #1: If a shareholder holds 100 shares on the effective date, due to the Round Lot Shareholder Protection they will own 100 shares post-split after DTC/CEDE additional share issuance.
		The 100 shares pre-reverse would be adjusted via the 1:25 Ratio to one (1) share of common stock. An Additional 99 shares of common stock will be issued as per the Round Lot Shareholder Protection bringing the total to 100 shares of common stock.
		Example #2: If a shareholder holds 1,250 shares on the effective date, due to the Round Lot Shareholder Protection they will own 100 shares post-split after DTC/CEDE additional share issuance.
		The 1,250 shares pre-reverse would be adjusted via the 1:25 Ratio to fifty (50) shares of common stock. An Additional 50 shares of common stock will be issued as per the Round Lot Shareholder Protection bringing the total to 100 shares of common stock.

• All Fractional Shares Rounded to nearest whole number. As a result of the reverse stock split all fractional interests will be rounded up to the nearest whole number

		Example #1: If a shareholder holds 40 shares on the effective date, due to the Fractional Share Rounding, they will own two (2) shares post-split after DTC/CEDE additional share issuance including fractional shares.
		The 40 shares pre-reverse would be adjusted via the 1:25 Ratio to 1.6 share of common stock. An Additional 0.6 share of common stock will be issued as per the Fractional Share Rounding bringing the total to 2 shares of common stock.

The Company is committed to pro-actively protecting the interests of its stockholders, particularly those owning round lots of 100 or more shares. Stockholders holding at least 100 shares prior to the reverse stock split will retain a minimum of 100 shares post-split. This protection ensures that no stockholder who currently qualifies as a round lot holder will lose their status. Additionally, fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share to maintain liquidity and shareholder equity.

The reverse stock split will reduce the number of issued and outstanding shares of the Company’s common stock from approximately 15.0 million to approximately 600 thousand, which does not include shares to be issued pursuant to the round lot rounding set forth above.

On February 24, 2025, the stockholders of the Company approved a Certificate of Amendment to the Company’s Second Amended and Restated Articles of Incorporation to effect a reverse stock split of the Common Stock, at a ratio of up to 1-for-25, with such ratio to be determined in the sole discretion of the Company’s board of directors (the “Board”) and with the reverse stock split to be effected at such time and date, if at all, as determined by the Board in its sole discretion at any time within twelve (12) months of such stockholder approval. The Board approved the reverse stock split at a ratio of 1-for-25 on March 12, 2025.

Securities Transfer Corporation is acting as the exchange agent and paying agent for the reverse stock split. Stockholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse stock split.

The standard procedure is that DTC gathers all round up share requests from each participant within their system. After about 4 business DTC will send a request for the total amount of round up shares needed to cover all participants/beneficial holders. At that time, our transfer agent will make one issuance/deposit to CEDE (DTC).

• Round up shares should populate in participant/beneficial holder accounts approximately on or before ten (10) trading days post the Reverse Stock Split.

Securities Transfer Corporation will provide instructions to any stockholders with certificates regarding the process in connection with the exchange of pre-reverse stock split stock certificates for ownership in book-entry form or stock certificates on a post-reverse stock split basis. Stockholders are encouraged to contact their bank, broker or custodian with any procedural questions.

As of March 26, 2025, the Company had 14,964,566 shares of common stock issued and outstanding.

About American Rebel Holdings, Inc.

American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit www.americanrebel.comand www.americanrebelbeer.com.For investor information, visit www.americanrebel.com/investor-relations.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include our ability to raise adequate working and expansion capital, our ability to efficiently incorporate acquisitions into our operations, the use of non-GAAP based pro forma financial estimates, our ability to introduce new products, our ability to meet production demands, our ability to expand our sales organization to address existing and new markets that we intend to target, our ability to meet or exceed financial and reporting estimates, any effects of the reverse stock split, our ability to continue to meet Nasdaq listing requirements, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: American Rebel Holdings, Inc.

Company Contact:

[email protected]

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), is pleased to announce its participation in the 1CP (AEP’s Critical Peak) program, a strategic initiative designed to reduce electricity costs for energy-intensive industries. This initiative aligns with SAIHEAT’s mission to enhance operational efficiency and sustainability in the digital asset sector.

The 1CP program is modeled after The AEP Ohio Basic Transmission Cost Rider (BTCR) pilot program, approved by the Public Utilities Commission of Ohio (PUCO) as part of Electric Security Plan V (ESP V). This program enables select interval-metered customers to have their demand-based BTCR charges calculated based on their load during AEP’s critical peak (1CP) instead of their monthly billed demand. By shifting demand-based charges to critical peak periods, qualified participants can optimize energy costs and improve overall profitability.

By joining the 1CP program, SAIHEAT could gain access to a more cost-efficient energy pricing structure, allowing the company to strategically manage its power consumption during peak demand hours. This initiative is expected to lower operational expenses and further enhance SAIHEAT’s position as an industry leader in sustainable, cost-effective mining and high-performance computing.

About SAIHEAT

SAIHEAT Limited (Nasdaq: SAIH) is a computing and energy operator dedicated to accelerating the realization of Sustainable Augmented Intelligence. Its computing division offers BTC joint computing power and AI cloud computing services, while its energy division provides liquid-cooled computing centers and small modular nuclear products.

Formerly known as SAI.TECH Global Corporation, SAIHEAT became a publicly traded company on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation in May 2022. For more information on SAIHEAT, please visit https://www.saiheat.com

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements include, but not limited to, statements concerning SAIHEAT and the Company’s operations, financial performance, and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. SAIHEAT cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic, and social conditions around the world including those discussed in SAIHEAT’s Form 20-F under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date it is made and SAIHEAT specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

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