Market Newsdesk

November 21, 2025 10:12 am

NETSOL’s Transcend Retail signs two US dealer groups

Porsche North Houston, part of Indigo Auto Group, and Jim Shorkey Nissan, part of Jim Shorkey Auto Group, deploy NETSOL’s Transcend Retail platform

ENCINO, Calif., Nov. 21, 2025 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a provider of AI-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets, today announced new dealership deployments of Transcend Retail at Porsche North Houston and Jim Shorkey Nissan.

Transcend Retail is an omnichannel, end-to-end digital retail platform that transforms how OEMs and dealer groups sell cars. It provides a modern, connected retail journey across their network, helping dealers grow sales and profitability at scale while improving the experience for customers and partners.

Porsche North Houston, part of Indigo Auto Group, went live with NETSOL’s Transcend Retail platform

Indigo Auto Group’s Porsche North Houston dealership implemented Transcend Retail, NETSOL’s next-generation digital automotive retail platform. Recognized as one of the top-performing Porsche dealers in the United States for 13 consecutive years, Porsche North Houston selected Transcend Retail to enhance its digital sales and customer experience capabilities. The deployment was completed in under five weeks, underscoring the platform’s flexibility, scalability and ease of implementation.

“One of my favorite features of Transcend Retail is the user interface and user experience both from the sales side and the client side,” said Josh Smylie, Digital Marketing Manager, Indigo Auto Group. “It seems more modern compared to the other competitors on the market.”

“We have captured more leads through the platform than we were with our previous digital retailing tool. We are seeing a huge influx of leads come through. The most noticeable difference we’ve seen has been client engagement and utilizing the tool. It does better than anything in the market, especially in its price point when you compare it to other digital retailing tools of its kind. It’s definitely a more intuitive and more modern approach,” he further stated.

Following the successful rollout at Porsche North Houston, NETSOL and Indigo Auto Group are on track to enable the remaining Porsche dealerships in the group, with five additional stores scheduled to go live by December 1, 2025. This rapid expansion underscores both organizations’ commitment to accelerating digital transformation across the customer’s retail network.

Jim Shorkey Nissan, part of Jim Shorkey Auto Group, went live with NETSOL’s Transcend Retail platform

Jim Shorkey Nissan, a dealership within the Jim Shorkey Auto Group, successfully deployed NETSOL’s Transcend Retail platform. The dealership was looking for a powerful digital retail solution that could meet the demands of their business while offering a simple and intuitive experience for both their teams and customers. The implementation marked another milestone in NETSOL’s expansion in the North American market, where dealers and finance providers are under increasing pressure to modernize retail experiences and drive operational efficiency.

“The first thing I noticed is how clean and organized Transcend Retail was,” said Michael Gaitor, General Manager at Jim Shorkey Auto Group. “I love that the tool is easy to use. It is very transparent and everything is very upfront. I think it’s the most modernized tool that’s out there. You don’t have any of the friction that some of the older tools have. For Nissan customers who tend to be a lot more tech savvy and technologically advanced – it’s a great tool for them and very easy for them to use as well.”

“The NETSOL team was the big sell for me,” he added. “The level of support is different from what you get from vendors nowadays.”

Jim Shorkey Nissan’s adoption of the platform signals NETSOL’s continued momentum in helping dealerships across the United States modernize their sales funnel, reduce friction in the customer journey, and unlock back-end finance and service revenue.

“This is a landmark moment for NETSOL,” said Najeeb Ghauri, Founder and CEO of NETSOL Technologies, Inc. “With Indigo Auto Group and Jim Shorkey Auto Group partnering with NETSOL we’re empowering premier dealership groups to deliver a truly seamless, modern and intelligent digital automotive retail experience. Our platform is more than technology: it’s a strategic engine for growth, trust and transformation in the automotive sales ecosystem.”

About NETSOL Technologies
NETSOL Technologies delivers state-of-the-art solutions for the asset finance and leasing industry, serving automotive and equipment OEMs, auto captives and financial institutions across over 30 countries. Since its inception in 1996, NETSOL has been at the cutting edge of technology, pioneering innovations with its asset finance solutions and leveraging advanced AI and cloud services to meet the complex needs of the global market. Renowned for its deep industry expertise, customer-centric approach and commitment to excellence, NETSOL fosters strong partnerships with its clients, ensuring their success in an ever-evolving landscape. With a rich history of innovation, ethical business practices and a focus on sustainability, NETSOL is dedicated to empowering businesses worldwide, securing its position as the trusted partner for leading firms around the globe.

Forward-Looking Statements

This press release may contain forward-looking statements relating to the development of the Company’s products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words “expects,” “anticipates,” variations of such words, and similar expressions, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company’s actual results include the progress and costs of the development of products and services and the timing of the market acceptance. The subject Companies expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.

Investor Relations Contact:

Investor Relations
(818) 222-9195
[email protected]

November 21, 2025 10:10 am

CSW Industrials Deploys Over $26.5 Million on Acquisitions Within the Specialized Reliability Solutions Segment, Diversifying Our End Markets

Investment Highlights

Capital investment of over $26.5 million within Specialized Reliability Solutions segment for acquisitions of Hydrotex Holdings, Inc., which further diversifies our end markets for specialty oils and lubricants, and ProAction Fluids, which delivers new products for Horizontal Directional Drilling to our portfolio
Valuation of combined acquisitions represents approximately 5.0x trailing twelve-months’ adjusted EBITDA, adjusted for identified synergies expected to be achieved within the first 12 months post-close
Expected to be accretive to earnings per share in the first full year of ownership
$1.7B of cumulative acquisition capital investment by CSW Industrials since going public in October 2015

DALLAS, Nov. 21, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (NYSE: CSW) today announced the strategic deployment of over $26.5 million in completing the separate acquisitions of Hydrotex Holdings, Inc. (“Hydrotex”) and ProAction Fluids. These acquisitions are evidence of the Company’s continued commitment to add innovative product offerings and further diversify the end market uses within the Specialized Reliability Solutions segment. CSW funded the transactions with borrowings under its existing $700 million revolving credit facility.

Joseph B. Armes, Chairman, President, and Chief Executive Officer of CSW Industrials, said, “These acquisitions are consistent with our record of enhancing long-term shareholder value and adding new products to our portfolio, while allowing us to enter new end markets with products growing faster than the overall end markets served. The additions of Hydrotex and ProAction Fluids further solidifies our leadership position in niche specialty lubricants and fluids.”

Mark Bass, Vice President of CSW Industrials and General Manager, Specialized Reliability Solutions, commented, “We are excited to invest in expanding the breadth and depth of our products within Specialized Reliability Solutions. Adding Hydrotex and ProAction Fluids to our portfolio allows us to offer industry leading technology to address infrastructure horizontal directional drilling and specialty lubricants to diversify our end markets served. I could not be more thrilled to work with both teams to increase the distribution and improve the customer experience for these products.”

The acquisition of Hydrotex Holdings, Inc. brings a family of high-performance lubricants supplying products to multiple industries, including the industrial, manufacturing, agriculture, food processing, transportation, fleets, power generation, and utilities end markets, allowing additional end market diversification to our product portfolio. Hydrotex’s high-performance lubricants are designed to enhance operational efficiency, reduce equipment wear, and extend service life, enabling safer, more efficient operations.

The acquisition of ProAction Fluids adds complementary products to sell alongside current product offerings. This specialty product acquisition delivers a superior mud management solution, focusing on infrastructure build-out, to horizontal directional drilling end users compared to traditional methods.

Safe Harbor Statement

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as “may,” “should,” “expects,” “could,” “intends,” “plans,” “anticipates,” “estimates,” “believes,” “forecasts,” “predicts” or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations, and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates, and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

About CSW Industrials

CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSW provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit.

Investor Relations

Alexa Huerta
Vice President, Investor Relations, & Treasurer
214-489-7113
[email protected]

November 21, 2025 10:08 am

TGE Plans to Open the World’s Third L’OFFICIEL COFFEE in New York

PR Newswire

PARIS, NEW YORK and SINGAPORE, Nov. 21, 2025 /PRNewswire/ — AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), and The Generation Essentials Group (“TGE”, NYSE: TGE), a subsidiary of AMTD Digital Inc. (NYSE: HKD), jointly announce the upcoming opening of the third L’OFFICIEL COFFEE,that will be situated in the heart of Tribeca, one of lower Manhattan’s most dynamic and evolving neighbourhoods. The L’OFFICIEL COFFEE is scheduled to open in 2026.

The opening of this shop in New York City is a crucial part of L’OFFICIEL COFFEE’s strategic global expansion plan, which aims to establish 15 to 20 additional shops worldwide over the next two to three years. L’OFFICIEL COFFEE initially debuted in Tokyo, Japan and recently announced its second location in Macau, reinforcing its commitment to expanding its global footprints.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: [email protected]

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: [email protected]

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: [email protected]

View original content:https://www.prnewswire.com/news-releases/tge-plans-to-open-the-worlds-third-lofficiel-coffee-in-new-york-302623240.html

SOURCE AMTD Digital; AMTD IDEA Group; The Generation Essentials Group

November 21, 2025 10:05 am

Terreno Realty Corporation Announces Leases in Hialeah, FL

Terreno Realty Corporation Announces Leases in Hialeah, FL

– Countyline Building 36 100% pre-leased

BELLEVUE, Wash.–(BUSINESS WIRE)–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has pre-leased 76,000 square feet in Countyline Corporate Park Phase IV Building 36 to a manufacturer and distributor of plantain products commencing upon building completion and tenant build-out expected to be in the first quarter of 2027 and expiring July 2037. A previously announced pre-lease of 108,000 square feet with an international logistics management company specializing in freight forwarding and consolidating services commencing with building completion and tenant build-out, expected to be in the first quarter of 2027, and expiring June 2037, has been expanded by 29,000 square feet bringing Building 36 to 100% pre-leased. Building 36 recently commenced construction and is expected to achieve LEED certification with a total expected investment of $56.2 million. The estimated stabilized cap rate is 5.8%.

Countyline Corporate Park Phase IV consists of a 121-acre project entitled for 2.2 million square feet of industrial distribution buildings in Miami’s Countyline Corporate Park (“Countyline”), immediately adjacent to Terreno Realty Corporation’s seven buildings within Countyline (Countyline Corporate Park Phase III). Countyline is a landfill redevelopment adjacent to Florida’s Turnpike and the southern terminus of I-75 located at the intersection of NW 170th Street and NW 107th Avenue. At expected completion in 2027, Countyline Corporate Park Phase IV is expected to contain ten LEED-certified industrial distribution buildings totaling approximately 2.2 million square feet providing 655 dock-high and 23 grade-level loading positions and parking for 1,875 cars for a total expected investment of approximately $511.5 million.

Taken together, Terreno Realty Corporation’s Countyline Corporate Park Phase III and IV will contain 17 industrial distribution buildings and 3.5 million square feet.

Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total acquisition cost includes the initial purchase price, the effects of marking assumed debt to market, buyer’s due diligence and closing costs, estimated near-term capital expenditures and leasing costs necessary to achieve stabilization.

Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C.

Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251119471510/en/

Jaime Cannon

415-655-4580

KEYWORDS: Florida Washington United States North America

INDUSTRY KEYWORDS: Professional Services Other Construction & Property Commercial Building & Real Estate Finance Construction & Property REIT

MEDIA:

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November 21, 2025 10:03 am

Edible Garden Products Now Carried by George’s Plants, Along with New Brooklyn Harvest Market and Associated Supermarket Locations

Company Continues to Strengthen Its Presence in Metro New York, Leveraging Leadership in Locally Grown Organic Produce and Herbs, With Pickle Party® and Pulp Products Riding the Surge in Clean-Label Food Demand

BELVIDERE, NJ, Nov. 21, 2025 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced the strengthening of its retail presence in New York City through new distribution at George’s Plants in Brooklyn, NY, along with additional Brooklyn Harvest Market and Associated Supermarket locations. These retailers will now offer the Company’s full line of products, including potted and cut herbs, hydroponic basil, and the rapidly growing Pickle Party® line of gourmet fermented foods.

George’s Plants, a well-regarded destination for Brooklyn shoppers seeking fresh produce, specialty items, and a strong connection to local food culture, has earned a loyal following through its focus on quality, thoughtful product selection, and attentive service. Its independent roots and commitment to sustainably minded brands make it an ideal partner for Edible Garden as the Company expands its presence in the borough. Similarly, Associated Supermarket and Brooklyn Harvest Market, both part of the Associated Supermarket Group (ASG), have long served New York communities with an emphasis on freshness, value, and local sourcing. The addition of more locations within each of these retailers reflects Edible Garden’s growing relationship with ASG and the increasing demand for its sustainably grown products.

“We are pleased to partner with these retailers to make our full range of locally grown organic produce, and Pickle Party® products available to even more consumers across New York,” commented Jim Kras, CEO of Edible Garden. “Consumers in these communities continue to look for clean-label foods that are grown responsibly, and we are proud to help meet that demand. As we broaden our retail presence, the strength of our CEA platform becomes increasingly clear. It enables us to consistently deliver high-quality products while minimizing the distance food travels and supporting environmentally responsible growing practices. By combining modern greenhouse innovation with a strategically positioned distribution network, we are building a smarter, more sustainable system for getting fresh, great-tasting produce to consumers.”

ABOUT EDIBLE GARDEN®

Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering locally grown, organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model. Available in over 5,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. The Company operates state-of-the-art, vertically integrated greenhouses and processing facilities, including Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden Prairie Hills in Webster City, Iowa; and its headquarters at Edible Garden Belvidere in New Jersey. It also partners with a network of contract growers strategically located near major U.S. markets to ensure freshness and reduce environmental impact.

Edible Garden’s proprietary GreenThumb 2.0 software—protected by U.S. Patents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes vertical and traditional greenhouse growing conditions while aiming to reduce food miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is designed to extend plant shelf life and elevate in-store presentation. In addition to its core CEA operations, Edible Garden owns three patents in advanced aquaculture technologies: a closed-loop shrimp farming system (US 6,615,767 B1), a modular recirculating aquaculture setup with automated water treatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control method utilizing electrolytic chlorine generation (US 11,297,809 B1).

The Company has been recognized as a FoodTech 500 firm by Forward Fooding, a leading AgriFoodTech organization, and is a Giga Guru member of Walmart’s Project Gigaton sustainability initiative. Edible Garden also develops and markets a growing line of nutrition and specialty food products, including Vitamin Way® and Vitamin Whey®—plant and whey protein powders—and Kick. Sports Nutrition, a premium performance line for health-conscious athletes seeking cleaner, better-for-you options. The Company’s offerings further include fresh, sustainable condiments such as Pulp fermented gourmet and chili-based sauces, as well as Pickle Party, a collection of fermented fresh pickles and krauts.

Learn more at https://ediblegardenag.com.
For Pulp products, visit https://www.pulpflavors.com.
For Vitamin Whey® products, visit https://vitaminwhey.com.
For Kick. Sports Nutrition products, visit https://kicksportsnutrition.net/

Watch the Company’s latest corporate video here.

Forward-Looking Statements

This press release contains forward-looking statements, including with respect to the Company’s growth strategies, ability to expand its distribution network and distribution relationships, and performance as a public company. The words “believe,” “expect,” “intend,” “look forward,” “objective,” “plan,” “seek,” “strategy,” “will,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company’s ability to achieve its growth objectives. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.

Investor Contacts:

Crescendo Communications, LLC
212-671-1020
[email protected]

November 21, 2025 10:01 am

mF International Announces Private Placement of $500.0 Million to Launch a Digital Asset Treasury Strategy

PR Newswire

HONG KONG
, Nov. 21, 2025 /PRNewswire/ — mF International Limited (Nasdaq: MFI) (“mF” or the “Company”), today announced a $500.0 million private placement, or PIPE, with accredited institutional investors in connection with its plans to initiate a digital asset treasury strategy. The PIPE is expected to involve the sale of 50 million of the Company’s class A ordinary shares and pre-funded warrants at a purchase price of $10.00 per class A ordinary share. mF expects to release additional updates regarding its treasury activities in the near-term.

The PIPE is expected to close on or around December 1, 2026. The Company expects to receive aggregate gross proceeds of $500.0 million from the PIPE, before deducting offering expenses. The Company intends to use the net proceeds primarily fund the acquisition of bitcoin cash and the establishment of the Company’s digital asset treasury operations, as well as for working capital, general corporate and other purposes.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other 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 other jurisdiction. The offer and sale of the securities to be sold in the PIPE, including the ordinary shares underlying the pre-funded warrants, are being made in transactions not involving a public offering, and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any applicable state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and such applicable state securities laws. Each securities purchase agreement contains representations, warranties and other provisions customary for transactions of this nature. Subject to the satisfaction of customary closing conditions, the Company currently anticipates that the closings of the transactions contemplated by the Securities Purchase Agreement will take place on or around December 1, 2025. Additional information regarding this offering and the securities purchase agreement will be included in a Form 6-K to be filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).

Concurrently with the execution of the securities purchase agreements related to the PIPE and the initial private placement, the Company and the investors entered into registration rights agreements, pursuant to which the Company agreed to file certain resale registration statements with SEC to register the resale of the ordinary shares purchased (whether directly or through exercise of warrants) by the investors in the PIPE. Cooley LLP is acting as U.S. legal advisor to mF.

About mF International Limited

mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong. Upon the closing the Private Placement, mF will be implementing a long-term strategic digital asset treasury strategy. The Company’s principal Hong Kong operating subsidiary, m-FINANCE, is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. With clients located over mainland China, Hong Kong and Southeast Asia, m-FINANCE provides customers with the mF4 Trading Platform, Trader Pro, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. For more information, please visit the Company’s website: https://ir.m-finance.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

mF International Limited
Investor Relations Department
Email: [email protected]

ICR, LLC
Email: [email protected]

View original content:https://www.prnewswire.com/news-releases/mf-international-announces-private-placement-of-500-0-million-to-launch-a-digital-asset-treasury-strategy-302623236.html

SOURCE mF International Limited

November 21, 2025 9:59 am

OUTFRONT Expands Experiential Marketing Focus Ahead of Major 2025-26 Sports Events and Other Cultural Tentpoles

PR Newswire

Strategy Centers on Live Sports as a Core Experiential Driver and Includes an Exclusive Partnership with Wasserman Live

NEW YORK
, Nov. 21, 2025 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced the expansion of its premium experiential division, elevating Patrick Cresson to vice president, asset development & events, and Chris Mallen to senior director, sports marketing & partnerships. These appointments underscore OUTFRONT’s commitment to being the leader of in-real-life (IRL) media and driving client impact at major cultural events across the country.

OUTFRONT’s upcoming lineup of tentpole events presents major opportunities for brands to deepen engagement with consumers. This includes a focus on live sports, where OUTFRONT connects clients with passionate audiences at scale through high-impact, contextual, IRL marketing experiences.

Among the major sporting events in 2025-26 where OUTFRONT is developing unique brand opportunities are Super Bowl LX on February 6 in Santa Clara, California; and the World Cup, hosted across multiple U.S. cities starting June 11, 2026. Last month, OUTFRONT announced a partnership with the Bay Area Host Committee to deliver immersive brand experiences surrounding these marquee events. This week, OUTFRONT was named an Official Media Partner of the Los Angeles Sports & Entertainment Commission and it will support major events coming to the market.

Building on this momentum and with an eye toward creating even greater value for clients in the year ahead, OUTFRONT today announced an exclusive partnership with Wasserman Live to bring its leading branding, signage, custom fabrication, live event production, and experiential operations capabilities to OUTFRONT clients, including the Super Bowl.

Gina Patel, Senior Vice President, Managing Director, Wasserman Live North America said, “With 2026 shaping up to be a landmark year for U.S. sports and entertainment, our new partnership with OUTFRONT couldn’t come at a better time. At Wasserman Live, creating unforgettable experiences is what drives us, and this collaboration amplifies our ability to deliver world-class projects on an even greater scale. Together, we’re poised to create lasting impact and unlock new opportunities for our clients and fans alike.”

Other sporting events coming up in the next year include the Formula 1 events in Las Vegas (November) and Miami (May), NBA All-Star Weekend in Los Angeles (February), the Houston Livestock Show and Rodeo (March), MLB Opening Day (March), the Boston Marathon (April), the NCAA Men’s and Women’s Final Four in Indianapolis and Phoenix (April), the Kentucky Derby (May), to name a few.

Additional tentpole events beyond sports include New York Fashion Week, the Coachella and Stagecoach festivals, San Diego Comic-Con, and dozens of other cultural moments spanning culture, music, sports, food, and entertainment.

During the upcoming tentpoles, OUTFRONT will collaborate with host cities, event sponsors, brands, and agencies to create temporary IRL activations made possible by the Company’s creative vision, deep understanding of local communities, and strong relationships with strategic partners.

“These events present premium opportunities for brands to activate contextual campaigns that tap into the excitement in each given market, extending cultural moments beyond an event’s venue and into the city itself,” said Cresson. “During this summer’s U.S. Open, for instance, brands reached fans above and below ground throughout the city — from subway cars wrapped with Morgan Stanley or IHG branding, to Danone’s ads in several MTA transit stops and our giant Penn Digital location, engaging thousands traveling between Times Square, Grand Central, and the Citi Field station.”

Additionally, during the recent New York City Marathon, among the many brands that took advantage of OUTFRONT’s top-tier offerings included Citizens Financial Group, Ladder, New Balance, On Running, Strava, and Under Armour.

In his new role, Cresson leads the development of exclusive, immersive, large-scale activations nationwide, from large-format building wraps and branded environments, to innovative technologies that connect brands with audiences in powerful, real-world ways. For over 20 years, Cresson has combined a relentless focus on results with a passion for leading teams and launching innovative, high-impact sales initiatives across industries. Since joining OUTFRONT in 2018, he has overseen significant growth, increasing the New Orleans market size through consistent sales innovation and entrepreneurial leadership, including a major effort around Super Bowl LIX.

A 10-year OUTFRONT veteran, Mallen steps into the role of Senior Director, Sports Marketing & Partnerships after leading strategic initiatives that connect brands with audiences through impactful OOH campaigns. Prior to OUTFRONT, he built a strong foundation in sports brand marketing with NBA franchises, including the Philadelphia 76ers, as well as Division I collegiate athletics. Passionate about bridging the gap between media and sports, Mallen leverages his dual-industry experience to craft innovative marketing solutions for teams, leagues, conferences, and brands. His expertise in brand and performance marketing, business strategy, and development have enabled him to deliver results and lead high-performing teams in both sectors.

ABOUT OUTFRONT
OUTFRONT is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most. As OUTFRONT evolves, it’s defining a new era of in-real-life (IRL) marketing, turning public spaces into platforms for creativity, connection, and cultural relevance. With a nationwide footprint across billboards, digital displays, transit systems, and other out-of-home formats, OUTFRONT turns creative into powerful real-world experiences. Its in-house agency, OUTFRONT STUDIOS, and award-winning innovation team, XLabs, deliver standout storytelling, supported by advanced technology and data tools that can drive measurable impact.

Third-party website references and hyperlinks included in this press release have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Media Contacts

Matt Biscuiti

The Lippin Group for OUTFRONT Media
212-986-7080
[email protected]

Courtney Richards

OUTFRONT Media
646-876-9404
[email protected]

Stephan Bisson
OUTFRONT Media
212-297-6573
[email protected]

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SOURCE OUTFRONT Media

November 21, 2025 9:57 am

Life Time Experts Share What to Look for in a Creatine Supplement — Beware of Hype and Focus on Purity and Proof

PR Newswire

Life Time experts explain how to find creatine that delivers real benefits

CHANHASSEN, Minn.
, Nov. 21, 2025 /PRNewswire/ — Creatine is having a major mainstream moment as one of the most talked-about supplements of 2025. It’s also one of the most misunderstood. Once thought to be for bodybuilders only, it’s now embraced by a much broader segment of people, including women and active agers looking to improve strength, recovery, overall vitality, and cognitive brain health. But with so many new brands flooding the market, Life Time’s registered dietitians and performance experts are reminding consumers that not all creatine is created equally.

“It’s fantastic to see creatine finally recognized for what it truly is as one of the most researched and effective supplements for total wellness, including the newest research on brain health and recovery,” said Paul Kriegler, Registered Dietitian at Life Time and Director of Nutritional Product Development. “But creatine quality varies immensely and just because your favorite influencer is promoting a particular brand or the packaging looks pretty, that doesn’t mean it’s pure, tested and effective. At Life Time, we find it imperative to ensure people know what to look for, and why.”

With hundreds of creatine products on the market from powders to gummies and premade drinks, Kriegler and Life Time experts offer these top tips to keep front and center when considering adding a creatine supplement:

Check the source. A highly trusted creatine worldwide is Creapure^®, produced in Germany with strict quality controls to ensure consistent purity.
Look for third-party testing. Independent certification (NSF Certified for Sport) confirms the product’s identity and freedom from contaminants.
Skip unnecessary ingredients. Artificial flavors, colors, and sweeteners don’t improve effectiveness. Clean, single-ingredient formulas are best.
Stick to research-backed dosage. Around 5 grams per day has been shown to support muscle strength, performance, recovery, and even brain health with new research emerging on circumstance-dosing such as jet lag or lack of sleep.
Take it when you’ll be consistent. While some evidence suggests a slight edge taking creatine after workouts, the bigger win is taking it every single day.
Make it part of your routine. Whether you take it with a morning smoothie, post-workout shake or a non-training day meal, the key is staying consistent: Saturation of muscle creatine stores over time matters more than exact timing.

Following these same principles, Life Time, which has offered creatine to its members since 2008, offers NSF Certified for Sport LTH Power Creatine Monohydrate in 90 serving containers to deliver precisely what the company’s experts recommend.

As with every LTH supplement, it’s regularly and consistently third-party tested for purity, and contains no artificial colors, flavors, or sweeteners. The product is vegan, gluten-free, and dairy-free, and easily mixes into any beverage or smoothie. Consumers can conveniently find LTH Power in Life Time athletic country clubs nationwide or on the LT Shop and Amazon.

“We’ve been educating our members on the science of creatine for more than a decade,” added Kriegler. “We’re thrilled to see more people, especially women and older adults, discovering its benefits, and we’re proud to offer a supplement that’s proven, simple, and trustworthy.”

Building on more than 30 years of trusted expertise, Life Time (NYSE: LTH), the nation’s premier healthy lifestyle brand, continues to expand its LTH supplement line of more than 50 highly trusted products, including the recent launch of the (RE)FUEL collagen protein bar and NOURISH daily multivitamin + greens powder. Other products include six different quality-sourced protein powders, pre-workout, essential amino acids, creatine, grass-fed colostrum, multivitamins, fish oil and more.

You can learn more about creatine by listening to this LT Talks podcast with Paul Kriegler.

LTH is also on Instagram, Facebook, TikTok and Pinterest featuring education, experts and recipes.

For more information about Life Time, visit www.lifetime.life, follow on social media at Facebook, Instagram and LinkedIn, or download the complimentary Life Time App.

About Life Time
Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its 185 athletic country clubs across the U.S. and Canada, the complimentary and comprehensive Life Time app featuring its L•AI•C™ AI-powered health companion, and more than 30 iconic athletic events. Serving people ages 90 days to 90+ years, the Life Time ecosystem uniquely delivers healthy living, healthy aging, and healthy entertainment experiences, a range of unique healthy way of life programs, highly trusted LTH nutritional supplements and more. Recognized as a Great Place to Work^®, the company is committed to upholding an exceptional culture for its 43,000 team members.

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SOURCE Life Time, Inc.

November 21, 2025 9:55 am

VinFast Reports Unaudited Third Quarter 2025 Financial Results

PR Newswire

SINGAPORE
, Nov. 21, 2025 /PRNewswire/ — VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone, today announced its unaudited financial results for the third quarter ended September 30, 2025.

Driven by Strong Top-line Focus, VinFast Reports USD 719 Million in Revenue, Up 47% Year-over-Year

Driven by Strong Top-line Focus, VinFast Reports USD 719 Million in Revenue, Up 47% Year-over-Year

EV deliveries were 38,195 in the third quarter of 2025, representing an increase of 74% year-over-year and 7% quarter-over-quarter. Cumulatively, in the first nine months of 2025, the Company delivered 110,362 EVs to customers globally, representing a 149% increase year-over-year.

E-scooter and e-bike deliveries were 120,052 in the third quarter of 2025, representing an increase of 535% year-over-year and 73% quarter-over-quarter. Cumulatively, in the first nine months of 2025, the Company delivered 234,536 e-scooters and e-bikes, representing a 489% increase year-over-year.

Total revenues were VND 18,100.2 billion (US$718.6 million) in the third quarter of 2025, representing an increase of 46.8% from the third quarter of 2024 and an increase of 9.0% from the second quarter of 2025.

Madame Thuy Le, Chairwoman of VinFast

, said: “This quarter, VinFast became the first automobile brand to surpass 100,000 vehicles sold in Vietnam within the first three quarters of a single year, following thirteen consecutive months as the nation’s best-selling carmaker. Our sustained market leadership at home, combined with continued progress across Asia, including being ranked among the top 8 for EV registrations in India in October 2025 and among the top 5 BEV brands in Indonesia for the first nine months of 2025, demonstrates the growing strength of our brand and the effectiveness of our regional expansion strategy.”

Ms. Lan Anh Nguyen, Chief Financial Officer of VinFast,

added: “Reaching 100,000 vehicles is a proud milestone for us and reflects our strategic investments
.
In the third quarter of 2025, VinFast continued to deliver solid revenue growth and operational momentum, driven by strong Green Series performance and healthy demand across our broader product portfolio. We enter the fourth quarter with a robust order backlog, providing clear visibility into near-term performance and reinforcing our confidence in continued growth.”

Technology Investments to Strengthen Competitiveness

To better serve diverse customer segments and mobility needs, VinFast EVs will be marketed under three distinct brands, each with a clear market focus and identity.

VinFast – VinFast offers a smart and reliable range of mid- to high-end electric vehicles that excel in meeting users’ daily mobility needs, with a strong emphasis on safety, durability, advanced technology, and an affordable total cost of ownership. The product lineup distinguishes itself with high-quality vehicles, competitive pricing, and outstanding after-sales service.

Green Series – EV solutions for commercial purposes and raise utilization for fleets.

Lac Hong – Designed and catered to the ultra-luxury market that embodies Vietnamese hospitality, featuring premium materials and quality craftsmanship.

VinFast is investing in the latest technologies to enhance customer experience and strengthen its competitiveness. The Company is evolving its technology stack around three pillars: Vehicle platform, Electric-Electronic (EE) architecture, and ADAS (Advanced Driver-Assistance Systems)/Autonomous Driving.

VinFast is also re-engineering its EE system into a zonal architecture. Core software is now developed in-house by VinFast, while suppliers provide standardized hardware. The centralized computing hub enables rapid OTA updates, faster feature deployment, and enhanced system stability.

VinFast is taking a two-step approach to its ADAS and autonomous driving roadmap, combining collaboration with external partners and the strengthening of its in-house capabilities.

VinFast’s vision is to become a multi-brand, full-line EV manufacturer covering passenger, commercial, and autonomous mobility. The Company aims to evolve from producing EVs to building a comprehensive mobility ecosystem for everyone, everywhere.

Robust international momentum complementing Vietnam market leadership

India:
VinFast strengthened its brand presence in India through active showroom launches, operating 20 dealer stores as of September 30, 2025, while securing financing partnerships with leading banks, including State Bank of India, Central Bank of India, HDFC Bank, Axis Bank and ICICI Bank, and establishing third-party aftersales service networks.

According to data available on the Ministry of Road Transport and Highways’ VAHAN vehicle information system, VinFast was ranked in the Top 8 for EV registrations in October 2025.

Indonesia:
VinFast expanded its dealer network to 33 locations. According to data from The Association of Indonesia Automotive Industries, VinFast captured approximately 5% of Indonesia’s battery electric vehicle (“BEV“) market and ranked among the Top 5 BEV brands in terms of BEV whole sales year-to-date.

The Philippines:
VinFast has expanded its dealer network to nine showrooms nationwide.

Rest of the World:

In the U.S., the Company opened its first dealership in California and aim to strengthen brand visibility across the U.S. by partnering with its dealer network.

In Europe, VinFast unveiled its EB 8 and EB 12 electric bus models at Busworld Europe 2025 in Brussels, marking its official entry into the region’s commercial vehicle market. The EB 12, a 12-meter city bus, is now available for order and complies with UNECE and CE standards, while the more compact EB 8 will follow at a later stage.

In the Middle East, VinFast announced a strategic partnership with the Arabian Automobile Association to launch comprehensive roadside assistance across six countries, the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman, as part of efforts to strengthen aftersales service quality in the region.

Continued Financial Support for Expansion

During the quarter, VinFast signed a loan facility of US$100 million with MUFG Bank, marking the start of a long-term partnership to support VinFast’s international expansion and reinforce both parties’ commitment to advancing the global green transition. The Company also secured a US$150 million three-year loan from Barclays Bank with proceeds designated to support working capital needs and investment purpose. As of 30 September, 2025, VinFast’s available liquidity is USD 3.7 billion.

Business Outlook
Building on a foundation of steady growth and established fundamentals, VinFast has set a target of at least doubling its global vehicle deliveries in 2025. The Company expects the growth momentum in the e-scooter business to continue in the coming months, driven by favorable government policies to support two-wheeler (2W) electrification in Vietnam and the Company’s ongoing efforts to support such transition.

Going forward, the Company will continue to prioritize top-line growth through targeted strategic investments, while viewing cost rationalization as a disciplined, medium-term priority. This balanced approach enables VinFast to sustain rapid market expansion today while building a more efficient and resilient operating model for the future.

Appointment of New Director
VinFast announced that effective as of November 20, Mr. Pham Nhat Quan Anh has been appointed to the Company’s Board of Directors.

Mr. Anh serves as a senior executive officer at VinFast. Since joining VinFast in February 2019, he has held several leadership positions at VinFast Trading and Production Joint Stock Company, a subsidiary of the Company, including Vice Chairman, Executive Deputy General Director responsible for Global Aftersales Services, and Director of the Planning, Program Coordination and Quality Inspection Division. In these roles, Mr. Anh has been instrumental in supporting VinFast’s rapid development and expansion from its initial localization phase to its global strategy.

Prior to joining VinFast, Mr. Anh served as Deputy General Director and Deputy Chief Operating Officer of Vinpearl Joint Stock Company from 2017 to 2019, where he gained extensive experience in operational management and strategic planning across the hospitality and services industries. Mr. Anh holds a Bachelor’s degree in business management from Singapore Management University.

Following this appointment, the Company’s Board of Directors is comprised of seven members, including two independent directors.

Conference Call

The Company’s management will host its third quarter 2025 earnings conference call at 8:00 AM U.S. Eastern Time on November 21, 2025. Live Webcast: https://edge.media-server.com/mmc/p/arwzbg6d/

Industry and Market Data

This press release contains market and industry data obtained from third-party sources and industry reports, publications, websites, and other publicly available information, including but not limited to information regarding the Company’s market position and its performance compared to historical performance of other industry players. VinFast has not independently verified such third-party information and makes no representation as to the accuracy of such third-party information. While the Company believes that the market and industry data and related statements presented in this press release are accurate, there can be no assurance as to the accuracy or completeness of such data or statements. The Company does not undertake to update or revise such data or statements. Industry and market data are subject to variations and cannot be verified due to limitations on the availability and reliability of data inputs, the nature of third-party data-gathering processes and other inherent limitations and uncertainties.

Forward Looking Statements

Forward-looking statements contained herein, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1955. These statements include statements regarding VinFast’s future results of operations and financial position, planned products and services, business strategy and plans, objectives of management for future operations of VinFast, market size and growth opportunities, competitive position and technological and market trends and involve known and unknown risks that are difficult to predict. As a result, VinFast’s actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” or “continue” or the negative of these words or other similar terms or expressions that concern VinFast’s expectations, strategy, plans, or intentions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by VinFast’s and VinFast’s management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the risk associated with being a growth-stage company in the EV industry; (ii) the unavailability, reduction or elimination of government and economic incentives or government policies that are favorable for EV manufacturers and buyers; (iii) Significant changes or developments in U.S. laws or policies, including changes in U.S. trade policies and tariffs and the reaction of other countries; (iv) the Company’s ability to adequately control the costs associated with its operations; (v) the risks of the Company’s brand, reputation, public credibility, and consumer confidence in its business being harmed by negative publicity; (vi) competition in the automotive industry; (vii) the ability of the Company to obtain components and raw materials according to schedule at acceptable prices, quality, and volumes from its suppliers; (viii) the demand for, and consumers’ willingness to adopt, EVs; (ix) the availability and accessibility of EV charging stations or related infrastructure; (x) failure to remediate the Company’s material weaknesses and produce timely and accurate financial statements; (xi) the ability of the Company to achieve profitability, positive cash flows from operating activities, and a net working capital surplus; (xii) the Company’s ability to obtain commercially reasonable capital to support its business growth; (xiii) the risk of future restatements to the Company’s Financial Statements; (xiv) the Company’s reliance on financial and other support from Vingroup and its affiliates and the close association between the Company and Vingroup and its affiliates; (xv) the Company’s reliance on its affiliates for its EV deliveries; (xvi) the ability of the Company’s controlling shareholder to control and exert significant influence on the Company; and (xvii) other risks discussed in VinFast’s reports filed or furnished to the SEC.

All forward-looking statements attributable to VinFast’s or people acting on VinFast’s behalf are expressly qualified in their entirety by the cautionary statements set forth above. You are cautioned not to place undue reliance on any forward-looking statements, which are made only as of the date hereof. VinFast does not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If VinFast updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. The inclusion of any statement herein does not constitute an admission by VinFast or any other person that the events or circumstances described in such statement are material. Undue reliance should not be placed upon the forward-looking statements.

Exchange Rates

This announcement contains translations of certain Vietnam Dong amounts into U.S. dollars at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Vietnam Dong to U.S. dollars were made at the rate of VND25,187 to US$1.00, representing the central exchange rate quoted by the State Bank of Vietnam Operations Centre as of September 30, 2025. The Company makes no representation that the Vietnam Dong or U.S. dollars amounts referred could be converted into U.S. dollars or Vietnam Dong, as the case may be, at any particular rate or at all.

VinFast Investor Relations and Media Contacts For more information, please visit: http://ir.vinfastauto.us

Investor Relations [email protected]

About VinFast Auto Ltd.

VinFast (NASDAQ: VFS) – a subsidiary of Vingroup JSC – is Vietnam’s leading automotive manufacturer, committed to its mission of creating a green future for everyone. VinFast produces a range of electric SUVs, e-scooters, e-bikes, and e-buses in Vietnam and exports to key markets across Asia, North America, and Europe. Learn more at www.vinfastauto.us.

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SOURCE VinFast

November 21, 2025 9:53 am

MAIA Biotechnology Highlights Ongoing Momentum of Ateganosine Clinical Program at SITC 2025

Company confirms 12 patients enrolled in Phase 2 THIO-101 to date as expansion trial adds new countries

Posters for Phase 2 and Phase 3 clinical trials available

CHICAGO , Nov. 21, 2025 (GLOBE NEWSWIRE) — MAIA Biotechnology, Inc. (NYSE American: MAIA) (“MAIA”, the “Company”), a clinical-stage biopharmaceutical company focused on developing targeted immunotherapies for cancer, today announced highlights from two poster presentations delivered at SITC 2025, an annual conference hosted by the Society for Immunotherapy of Cancer, held November 5-9, 2025, in National Harbor, MD. The Trials in Progress posters focus on MAIA’s ongoing Phase 2 THIO-101 expansion (Part C) and Phase 3 THIO-104 clinical trials of its first-in-class small molecule telomere targeting agent, ateganosine, as a treatment for non-small cell lung cancer (NSCLC). The U.S. Food and Drug Administration (FDA) has granted Fast Track designation for ateganosine for the treatment of NSCLC.

MAIA’s Sr. Medical Director, Victor Zaporojan, M.D., presenter at SITC 2025 commented, “It was a privilege to return to SITC for its 40th anniversary. This event was an ideal forum to highlight the continued success of our Phase 2 clinical trial. We are making steady progress in the expansion phase of this trial, with patient enrollment now underway in European Medicines Agency (EMA) countries. Sites in Hungary and Poland, which were instrumental in Parts A and B of the trial, are actively screening patients along Turkey and Taiwan, and we have 12 patients enrolled in the expansion to date. We expect further momentum in identifying and enrolling patients for THIO-101 Part C in the near term”.

“We also began screening patients in our Phase 3 trial, THIO-104, and noticed great excitement from physicians in the sites we’re bringing our trial to,” added MAIA CEO Vlad Vitoc, M.D. “In this population, third-line NSCLC patients resistant to chemo and immunotherapy, current treatments show overall survival (OS) of around 6 months, and based on the 17.8 months OS observed in THIO-101 to date, we believe that our Phase 3 trial could lead to an early commercial approval of ateganosine by the FDA. It’s only a matter of successful execution to bring our novel NSCLC treatment to this large patient population with significant unmet medical need.”

The posters presented at SITC 2025 feature trial designs for the Phase 2 and Phase 3 studies in advanced NSCLC patients receiving ateganosine followed by a checkpoint inhibitor, cemiplimab (Libtayo^®). As of September 17, 2025, a patient that began therapy in March 2023 in the THIO-101 Phase 2 trial has shown survival of 30 months, or 912 days.

“A novel therapy with proven efficacy, such as ateganosine, could strengthen existing treatment strategies and further advance the principles of precision oncology in lung cancer care worldwide,” said Tomasz Jankowski, M.D., Ph.D., key investigator for THIO-101 in Poland and co-author of many of MAIA’s scientific posters. “In Poland, where improving outcomes in advanced NSCLC remains a central focus, ateganosine has the potential to become an important addition to the therapeutic landscape, offering new hope for patients and clinicians alike.”

The posters presented at SITC 2025 were attached as exhibits to a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the “Commission”) on November 7, 2025 and available on the Commission’s website at www.sec.gov. In addition, the posters were made available on MAIA’s website at maiabiotech.com/publications on November 7, 2025.

Presentation 1: A Phase 3 Study of Ateganosine (THIO) Sequenced with Immune Checkpoint Inhibitor (ICI) versus Standard of Care Chemotherapy in ICI-Resistant Advanced NSCLC: THIO-104 Trial in Progress
Presentation 2: A Phase 2 Study of Ateganosine (THIO; 6-thio-2′-deoxyguanosine) in Combination with Immune Checkpoint Inhibitor (ICI) in Patients with Advanced Non-Small Cell Lung Cancer (NSCLC) Resistant to Prior ICI and Chemotherapy: THIO-101 Trial in Progress

About Ateganosine

Ateganosine (THIO, 6-thio-dG or 6-thio-2’-deoxyguanosine) is a first-in-class investigational telomere-targeting agent currently in clinical development to evaluate its activity in non-small cell lung cancer (NSCLC). Telomeres, along with the enzyme telomerase, play a fundamental role in the survival of cancer cells and their resistance to current therapies. The modified nucleotide 6-thio-2’-deoxyguanosine induces telomerase-dependent telomeric DNA modification, DNA damage responses, and selective cancer cell death. Ateganosine-damaged telomeric fragments accumulate in cytosolic micronuclei and activates both innate (cGAS/STING) and adaptive (T-cell) immune responses. The sequential treatment of ateganosine followed by PD-(L)1 inhibitors resulted in profound and persistent tumor regression in advanced, in vivo cancer models by induction of cancer type–specific immune memory. Ateganosine is presently developed as a second or later line of treatment for NSCLC for patients that have progressed beyond the standard-of-care regimen of existing checkpoint inhibitors.

About THIO-101 Phase 2 Clinical Trial

THIO-101 is a multicenter, open-label, dose finding Phase 2 clinical trial. It is the first trial designed to evaluate ateganosine’s anti-tumor activity when followed by PD-(L)1 inhibition. The trial is testing the hypothesis that low doses of ateganosine administered prior to cemiplimab (Libtayo^®) will enhance and prolong immune response in patients with advanced NSCLC who previously did not respond or developed resistance and progressed after first-line treatment regimen containing another checkpoint inhibitor. The trial design has two primary objectives: (1) to evaluate the safety and tolerability of ateganosine administered as an anticancer compound and a priming immune activator (2) to assess the clinical efficacy of ateganosine using Overall Response Rate (ORR) as the primary clinical endpoint. The expansion of the study will assess overall response rates (ORR) in advanced NSCLC patients receiving third line (3L) therapy who were resistant to previous checkpoint inhibitor treatments (CPI) and chemotherapy. Treatment with ateganosine followed by cemiplimab (Libtayo^®) has shown an acceptable safety profile to date in a heavily pre-treated population. For more information on this Phase II trial, please visit ClinicalTrials.gov using the identifier NCT05208944.

About MAIA Biotechnology, Inc.

MAIA is a targeted therapy, immuno-oncology company focused on the development and commercialization of potential first-in-class drugs with novel mechanisms of action that are intended to meaningfully improve and extend the lives of people with cancer. Our lead program is ateganosine (THIO), a potential first-in-class cancer telomere targeting agent in clinical development for the treatment of NSCLC patients with telomerase-positive cancer cells. For more information, please visit www.maiabiotech.com.

Forward Looking Statements

MAIA cautions that all statements, other than statements of historical facts contained in this press release, are forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause our or our industry’s actual results, levels or activity, performance or achievements to be materially different from those anticipated by such statements. The use of words such as “may,” “might,” “will,” “should,” “could,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “future,” “potential,” or “continue,” and other similar expressions are intended to identify forward looking statements. However, the absence of these words does not mean that statements are not forward-looking. For example, all statements we make regarding (i) the initiation, timing, cost, progress and results of our preclinical and clinical studies and our research and development programs, (ii) our ability to advance product candidates into, and successfully complete, clinical studies, (iii) the timing or likelihood of regulatory filings and approvals, (iv) our ability to develop, manufacture and commercialize our product candidates and to improve the manufacturing process, (v) the rate and degree of market acceptance of our product candidates, (vi) the size and growth potential of the markets for our product candidates and our ability to serve those markets, and (vii) our expectations regarding our ability to obtain and maintain intellectual property protection for our product candidates, are forward looking. All forward-looking statements are based on current estimates, assumptions and expectations by our management that, although we believe to be reasonable, are inherently uncertain. Any forward-looking statement expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and are subject to risks and uncertainties and other factors beyond our control that may cause actual results to differ materially from those expressed in any forward-looking statement. Any forward-looking statement speaks only as of the date on which it was made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. In this release, unless the context requires otherwise, “MAIA,” “Company,” “we,” “our,” and “us” refers to MAIA Biotechnology, Inc. and its subsidiaries.

Investor Relations Contact

+1 (872) 270-3518
[email protected]