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  • Eftsure Closes Strategic Acquisition to Form World’s Largest Payment Protection Platform

    Eftsure Closes Strategic Acquisition to Form World’s Largest Payment Protection Platform

    Global Market Leader in Payment Fraud Prevention Joins Forces With France-Based Sis ID, Where the Combined Entity Will Now Provide Payment Protection in More Markets Around the World

    SALT LAKE CITY, UTAH / ACCESS Newswire / June 25, 2025 / Eftsure has announced a significant merger with France-based Sis ID. The deal means the combined entity is now providing payment protection in major markets around the world including the United States, Europe, Australia, New Zealand, India, and China. Global payment verification coverage is expected to be achieved later this year.

    The move follows Eftsure’s 2024 expansion into the United States and will see the entity become the world’s largest business payment protection platform, enabling organizations to validate more vendors and protect more business payments in more markets around the world.

    The deal comes at a time when businesses are looking to minimize vulnerabilities in a heightened risk environment, with monthly customer data showing the largest ever volume of known fraud attempts since Eftsure was founded in 2014. The FBI’s Internet Crime Complaint Center (IC3) says it recorded nearly $8.5 billion in payment fraud losses between 2022 and 2024.

    “Fraud tactics are increasingly sophisticated and difficult to detect, with cybercriminals using artificial intelligence tools to produce realistic fake documents and target businesses at scale,” Eftsure CEO Jon Soldan said. “Eftsure and Sis ID share the common goal of preventing these fraudsters from getting a payout. Combining our resources means we’ll be able to verify more vendors and protect more payments in more markets around the world, all while keeping pace with a rapidly evolving threat landscape.”

    Sis ID CEO Laurent Sarrat said the deal made sense because both organizations were focused on helping businesses build cross-border defenses.

    “Cybercrime is a global problem and it demands global solutions. Sis ID and Eftsure share a common mission to create collaborative cybercrime solutions that enable business leaders to focus on other priorities,” Sarrat said. “Sis ID has been working for years to deliver global coverage and verify as many payments as possible. Together with Eftsure, we’re well-positioned to offer guaranteed protection for every payment in every market.”

    The merger brings together more than 20 years’ experience of business payment fraud prevention, a customer base of more than 3,500 organizations, and support offices across the United States, Australia and France. This positions the merged entity to service a greater number of large enterprises, especially those that manage global supply chains.

    “Finding a company so closely aligned in values and vision is rare,” Soldan said. “We share the same perspective on fraud prevention, operational excellence, and what the industry needs to progress. We’re incredibly excited about our shared future and our commitment to serving customers on a global scale.”

    Eftsure and Sis ID will continue to drive growth and provide exceptional customer support in their respective regions while working to integrate their brands.

    For any media enquiries, please contact:
    Gareth Beddoes, Seven Communications
    gareth.beddoes@sevencommunications.com.au
    0403 463 248

    About Eftsure

    Founded in 2014, Eftsure is the global market leader in payment fraud prevention. Specifically designed for businesses, our end-to-end solution safeguarded more than $288 billion in B2B payments last year. Powered by cross-checking, we use a variety of verification methods to give businesses greater control over onboarding vendors and making payments, and we back each verified payment with a guarantee. In short, we ensure our customers don’t pay the wrong people.

    About Sis ID

    Founded in 2016, Sis ID is a French fintech that helps companies detect fraud and attempted fraud both in France and internationally. Created by CFOs and Treasurers from CAC40 companies, Sis ID enables businesses to:

    • Make sure they’re paying the right vendor to the correct bank account

    • Detect and stay ahead of fraud attempts

    • Secure and keep beneficiary records up to date

    • Streamline the process from purchase to payment

    • Minimize financial fraud risks and pay with confidence

    Contact Information

    Jessica Lombao
    Media Advantage Account Manager
    jessica.lombao@issuerdirect.com

    .

    SOURCE: Eftsure

    View the original press release on ACCESS Newswire

  • Northern Superior Announces Closing of $5 Million Private Placement and Welcomes NQ Investissement Minier as a Shareholder

    Northern Superior Announces Closing of $5 Million Private Placement and Welcomes NQ Investissement Minier as a Shareholder

    Not for distribution to United States newswire services or for dissemination in the United States

    TORONTO, ON / ACCESS Newswire / June 25, 2025 / Northern Superior Resources Inc. (“Northern Superior” or the “Company“) (TSXV:SUP)(OTCQB:NSUPF) is pleased to announce that it has closed its previously announced bought deal financing (see press releases dated June 16, 2025) by issuing 6,500,000 common shares of the Company (the “Common Shares“) at a price of $0.77 per Common Share, for gross proceeds of $5,005,000 (the “Offering“).

    Cormark Securities Inc. (the “Underwriter“) acted as sole underwriter and bookrunner of the Offering. In connection with the Offering, the Company paid to the Underwriter a cash commission equal to approximately 6.0% of the gross proceeds of the Offering.

    The net proceeds from the Offering will be used for working capital and general corporate purposes.

    The Offering was made pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended and supplemented by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “LIFE Exemption“). The securities issued to Canadian resident subscribers pursuant to the LIFE Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws. A copy of the offering document dated June 16, 2025 prepared by the Company in connection with the LIFE Exemption is available electronically under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.nsuperior.com. Final acceptance by the TSX Venture Exchange (the “TSX-V“) of the Offering is subject to the completion of customary post-closing filings.

    NQ Investissement Minier

    The Company is also pleased to announce that NQ Investissement Minier (“NQIM“) has participated in the Offering. NQIM is a Matagami-based regional investment fund dedicated to mining development in Northern Québec. The fund offers financial support and strategic expertise to exploration companies, with investments guided by a sustainable and responsible approach, promoting positive benefits for local and First Nation communities.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such registration requirements is available. “United States” and “U.S. person” have the meaning ascribed to them in Regulation S under the U.S. Securities Act.

    Qualified Person (“QP”)

    The technical content and drilling results contained in this news release have been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) and have been reviewed and approved by Ms. Melanie Pichon, P.Geo., Senior Geologist for Northern Superior. Ms. Pichon is a QP under the NI 43-101 and is not considered independent.

    About Northern Superior Resources Inc.

    Northern Superior is a gold exploration company focused on the Chibougamau Camp in Québec, Canada. The Company has consolidated the largest land package in the region, with total land holdings currently exceeding 62,000 hectares. The main properties include Philibert, Lac Surprise, Chevrier, and Croteau. Northern Superior also owns 56% of ONGold Resources Ltd. (TSXV: ONAU) (OTCQX: ONGRF) which is advancing promising exploration assets in Northern Ontario and Manitoba, including the district scale TPK Project and Monument Bay; Agnico Eagle Mines Limited owns 15% of ONGold Resources Ltd.

    The Philibert Project is located 9 km from IAMGOLD Corporation’s Nelligan1 Gold project. Philibert hosts a maiden 43-101 inferred resource of 48.5 Mt at 1.10 g/t Au for 1,708,800 ounces Au and an indicated resource of 7.9 Mt tonnes at 1.10 g/t Au for 278,900 ounces Au.2 Northern Superior holds a majority stake of 75% in the Philibert Project, with the remaining 25% owned by SOQUEM, and retains an option to acquire the full 100% ownership of the project. Chevrier hosts an inferred mineral resource of 15.7 Mt at 1.29 g/t Au for 652,000 ounces Au (underground and open pit) and an indicated mineral resource of 6.4 Mt at 1.26 g/t Au for 260,000 ounces Au.3 Croteau hosts an inferred mineral resource of 11.6 Mt at 1.7 g/t Au for 640,000 ounces Au.4 Lac Surprise hosts the Falcon Zone Discovery, interpreted to be the western strike extension of IAMGOLD Corporation’s Nelligan Gold project.

    Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX-V under the symbol SUP and the OTCQB Venture Market under the symbol NSUPF. For further information, please refer to the Company’s website at www.nsuperior.com or the Company’s profile on SEDAR+ at www.sedarplus.ca.

    Northern Superior Resources Inc. on Behalf of the Board of Directors

    Simon Marcotte, CFA, President and Chief Executive Officer

    Contact Information

    Katrina Damouni|
    Director – Corporate Development
    Tel: +44 7795 128583 (Mobile/WhatsApp)
    info@nsuperior.com

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

    Cautionary Note Regarding Forward-Looking Information

    This press release contains forward-looking statements. Forward-looking statements made in this press release include, but are not limited to, the receipt of the TSX-V approval, the use of proceeds of the Offering, the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at under the Company’s profile on SEDAR+ at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

    1lAMGOLD Announces Significant Increase in Nelligan Ounces & Update of Global Mineral Reserves and Resources”;

    IAMGOLD reports increase in mineral reserves and resources at existing assets, with increase in resources at Gosselin; IAMGOLD Corporation News Release dated February 15, 2024, October 23, 2024, and February 20, 2025. Note that the technical and scientific information disclosed from neighboring properties does not apply to any other properties of the area.

    2Independent Technical Report MINERAL RESOURCES ESTIMATION OF THE PHILIBERT PROJECT Québec, Canada. September 22, 2023. Prepared in accordance with NI 43-101 by Goldminds Geoservice Inc. to Northern Superior Resources. Philibert hosts a maiden 43-101 inferred resource of 48.5 Mt at 1.10 g/t Au for 1,708,800 ounces Au and an indicated resource of 7.9 Mt tonnes at 1.10 g/t Au for 278,900 ounces Au Note that the technical and scientific information disclosed from neighboring properties does not apply to any other properties of the area.

    3NI 43-101 Technical Report Mineral Resource Estimation for the Chevrier Main Deposit, Chevrier Project Chibougamau, Quebec, Canada, October 20, 2021, Prepared in accordance with NI 43-101 by Lions Gate Geological Consulting Inc. IOS Services Géoscientifiques Inc. for Northern Superior. Chevrier hosts an inferred mineral resource of 15.7 Mt at 1.29 g/t Au for 652,000 ounces Au (underground and open pit) and an indicated mineral resource of 6.4 Mt at 1.26 g/t Au for 260,000 ounces Au Note that the technical and scientific information disclosed from neighboring properties does not apply to any other properties of the area.

    4Chalice Gold Mines Limited and Northern Superior Resources Inc. Technical Report on the Croteau Est Gold Project, Québec, September 2015, Prepared in accordance with NI 43-101 by Optiro Pty Ltd (“Optiro”) to Chalice Gold Mines Limited and Northern Superior.Croteau hosts an inferred mineral resource of 11.6 Mt at 1.7 g/t Au for 640,000 ounces Au. Note that the technical and scientific information disclosed from neighboring properties does not apply to any other properties of the area.

    SOURCE: Northern Superior Resources Inc.

    View the original press release on ACCESS Newswire

  • Jaguar Health to Pursue Approval of Canalevia in European Union for Treatment of General Diarrhea in Dogs

    Jaguar Health to Pursue Approval of Canalevia in European Union for Treatment of General Diarrhea in Dogs

    Canalevia® (crofelemer delayed-release tablets), under the name Canalevia-CA1, is conditionally approved by the FDA for treatment of chemotherapy-induced diarrhea in dogs

    Jaguar is exploring the possibility of approval of Canalevia for treatment of general diarrhea in dogs in the EU based on the statistically significant data from a completed study

    Diarrhea is one of the most common reasons owners bring their dog to the veterinarian and the second most common reason for visits to the veterinary emergency hospital, yet there are currently no FDA-approved drugs to treat general diarrhea in dogs

    Company strategy: In discussions with multiple potential animal health company partners to collaborate to bring Canalevia to regulatory approval and commercialization for general diarrhea globally

    SAN FRANCISCO, CA / ACCESS Newswire / June 25, 2025 / Jaguar Health, Inc. (NASDAQ:JAGX) (Jaguar), under its Jaguar Animal Health tradename for the veterinary market, today announced that the company plans to pursue approval from the European Medicines Agency’s (EMA) Committee for Veterinary Medicinal Products (CVMP) for Canalevia (crofelemer delayed-release tablets) in the European Union for treatment of general diarrhea in dogs. Canalevia, under the name Canalevia-CA1, is conditionally approved by the U.S. Food and Drug Administration (FDA) as a prescription drug for the treatment of chemotherapy-induced diarrhea (CID) in dogs.

    “Jaguar’s primary objective for Canalevia is to identify a partner with which to collaborate to achieve our three parallel goals for the drug: Obtain approval in the EU for Canalevia for treatment of general diarrhea in dogs based on existing Jaguar study data; maintain continuity of availability in the U.S. of Canalevia for treatment of CID in dogs; and to expand the U.S. indication from CID in dogs to treatment of general diarrhea in dogs,” said Lisa Conte, Jaguar’s Founder and CEO. “I’m pleased to report that Jaguar is currently in discussions with multiple potential animal health company partners to collaborate to bring Canalevia to regulatory approval and commercialization for general diarrhea globally.”

    Canalevia contains crofelemer, a plant-based botanical prescription drug that modulates chloride channels in the gastrointestinal tract to reduce diarrhea. Importantly, Canalevia is not an antibiotic drug. The overuse and misuse of antibiotics, both in humans and animals, contribute to the development of bacteria that are resistant to antibiotics.

    “In the EU, it may be possible to obtain approval of Canalevia for treatment of general diarrhea in dogs based on the results of a study Jaguar completed in 200 dogs with general diarrhea,” Conte said. “While this trial did not meet its stated primary endpoint, the study results are clinically significant when analyzed using an alternate, simplified endpoint, defining treatment success as any dog that had no episodes of diarrhea following the first treatment with either Canalevia or placebo. Using this revised endpoint, the study data shows that dogs treated with Canalevia had significantly better outcomes – with fewer watery stools and significant improvement in fecal scores compared to placebo-treated dogs.”

    Jaguar plans to submit a dossier to the European Medicines Agency’s (EMA) Committee for Veterinary Medical Products (CVMP) to outline the results of the updated analysis of the company’s completed study of Canalevia in dogs with general diarrhea. If acceptable to the EMA, the company will then submit a Marketing Authorization Application (MAA) for Canalevia for general diarrhea in dogs. If the application is approved, Canalevia will be marketable for treatment of general diarrhea in dogs in all 27 EU member countries.

    Data from the European Pet Food Industry Federation concluded that there were 104 million dogs in Europe in 2022. “We’ve been pleased with the marketplace reception of crofelemer for treatment of CID in dogs in the U.S. and believe there is clearly an unmet medical need for a product for the much larger market of treatment of general diarrhea in dogs – both in the U.S. and the EU,” said Conte. “We estimate that U.S. veterinarians see approximately six million annual cases of acute and chronic diarrhea in dogs, and we look forward to identifying a partner to fund and execute development and commercialization of crofelemer for the treatment of general diarrhea in the U.S. and/or globally. Forging a partnership for this purpose is a key focus of our business development efforts in 2025 and has been designated as a key potential catalyst for the company this year.”

    Diarrhea is one of the most common reasons dogs are seen by general practice veterinarians and is the second most common reason for visits to veterinary emergency hospitals, yet there is currently no FDA-approved drug to treat general, non-infectious diarrhea in dogs. According to the American Veterinary Medical Association, there were an estimated 89.7 million dogs in the United States in 2024, with nearly half (45.5%) of U.S. households owning a dog in 2024. Devastating diarrhea-related dehydration can occur rapidly for the animal, and the lack of easy access to outdoor facilities is a significant problem for families living in urban settings with dogs.

    Canalevia-CA1, a canine-specific formulation of crofelemer, Jaguar’s novel, oral plant-based drug sustainably harvested from the Croton lechleri tree, is available from multiple leading veterinary distributors in the U.S., including Chewy.

    About Conditional Approval and Full Approval

    Canalevia-CA1 initially received conditional approval in December 2021 from the FDA for the treatment of CID in dogs. FDA’s conditional approval allows a drug company to legally promote, advertise and sell the animal drug for the labeled uses before proving it meets the “substantial evidence” standard of effectiveness for full approval. The conditional approval is valid for one year, with up to four annual renewals, for a total of five years of conditional approval. To receive a renewal from the FDA, the company must show active progress toward proving “substantial evidence of effectiveness” for full approval. After collecting the remaining effectiveness data, the company then applies to the FDA for full approval. The FDA reviews the application and, if appropriate, fully approves the drug.

    About Chemotherapy-induced Diarrhea (CID) in Dogs

    According to the American Veterinary Medical Association, approximately 1 in 4 dogs will at some stage in their life develop cancer. Nearly half of dogs over 10 will develop cancer.1 According to the National Cancer Institute at the National Institutes of Health, roughly 6 million new cancer diagnoses are made in dogs yearly in the U.S.

    Due to the increasing number of chemotherapeutic agents, chemotherapy is fast becoming the most widely used cancer treatment in veterinary medicine. Studies have found the incidence of CID to be one of the three most prevalent side effects in dogs undergoing cancer treatment,2 and managing side-effects such as diarrhea can be important to maintain successful cancer treatment. More than half of the U.S. veterinarians who responded to a Jaguar-sponsored survey reported that CID interferes with their patients’ chemotherapy treatment plans, indicating an unmet need for an effective product for the treatment of CID.

    Canalevia-CA1 is a tablet that can be given orally twice a day and can be used for home treatment of CID in dogs.

    About Canalevia®-CA1

    Canalevia-CA1 (crofelemer delayed-release tablets) is the first and only oral plant-based prescription product that is FDA conditionally approved to treat chemotherapy-induced diarrhea (CID) in dogs. Canalevia-CA1 is a canine-specific formulation of crofelemer, an active pharmaceutical ingredient isolated and purified from the Croton lechleri tree. Canalevia-CA1 is currently conditionally approved by the FDA under application number 141-552. Conditional approval allows for commercialization of the product while Jaguar continues to collect the substantial evidence of effectiveness required for full approval. Jaguar has also received Minor Use in a Major Species (MUMS) designation from the FDA for Canalevia-CA1 to treat CID in dogs. FDA has established a “small number” threshold for minor use in each of the seven major species covered by the MUMS act. The small number threshold is currently 80,000 for dogs, representing the largest number of dogs that can be affected by a disease or condition over the course of a year and still have the use qualify as a minor use.

    About Crofelemer

    Crofelemer is the only oral FDA-approved prescription drug under botanical guidance. It is plant-based, extracted and purified from the red bark sap of the Croton lechleri tree in the Amazon Rainforest. Napo Pharmaceuticals, a Jaguar family company, has established a sustainable harvesting program under fair trade practices, for crofelemer to ensure a high degree of quality, ecological integrity, and support for Indigenous communities.

    Important Safety Information About Canalevia®-CA1

    For oral use in dogs only. Not for use in humans. Keep Canalevia-CA1 (crofelemer delayed-release tablets) in a secure location out of reach of children and other animals. Consult a physician in case of accidental ingestion by humans. Do not use in dogs that have a known hypersensitivity to crofelemer. Prior to using Canalevia-CA1, rule out infectious etiologies of diarrhea. Canalevia-CA1 is a conditionally approved drug indicated for the treatment of chemotherapy-induced diarrhea in dogs. The most common adverse reactions included decreased appetite, decreased activity, dehydration, abdominal pain, and vomiting.

    Caution: Federal law restricts this drug to use by or on the order of a licensed veterinarian. Use only as directed. It is a violation of Federal law to use this product other than as directed in the labeling. Conditionally approved by FDA pending a full demonstration of effectiveness under application number 141-552.

    About the Jaguar Health Family of Companies

    Jaguar Health, Inc. (Jaguar) is a commercial stage pharmaceuticals company focused on developing novel proprietary prescription medicines sustainably derived from plants from rainforest areas for people and animals with gastrointestinal distress, specifically associated with overactive bowel, which includes symptoms such as chronic debilitating diarrhea, urgency, bowel incontinence, and cramping pain. Jaguar family company Napo Pharmaceuticals (Napo) focuses on developing and commercializing human prescription pharmaceuticals for essential supportive care and management of neglected gastrointestinal symptoms across multiple complicated disease states. Jaguar family company Napo Therapeutics is an Italian corporation Jaguar established in Milan, Italy in 2021 focused on expanding crofelemer access in Europe and specifically for orphan diseases. Jaguar Animal Health is a Jaguar tradename. Magdalena Biosciences, a joint venture formed by Jaguar and Filament Health Corp. that emerged from Jaguar’s Entheogen Therapeutics Initiative (ETI), is focused on developing novel prescription medicines derived from plants for mental health indications.

    For more information about:

    Jaguar Health, visit https://jaguar.health

    Napo Pharmaceuticals, visit napopharma.com

    Napo Therapeutics, visit napotherapeutics.com

    Magdalena Biosciences, visit magdalenabiosciences.com

    Canalevia-CA1, visit canalevia.com

    Visit the Make Cancer Less Shitty patient advocacy program on Bluesky, X, Facebook & Instagram

    Forward-Looking Statements

    Certain statements in this press release constitute “forward-looking statements.” These include statements regarding Jaguar’s expectation that it will pursue approval from the EMA’s CVMP for Canalevia in the European Union for treatment of general diarrhea in dogs, Jaguar’s expectation that it will identify a partner to fund and execute development and commercialization of crofelemer for the treatment of general, non-infectious diarrhea in dogs in the U.S. and/or globally, Jaguar’s expectation that it may be possible to obtain approval of Canalevia in the EU for treatment of general diarrhea in dogs based on the results of the study Jaguar completed in 200 dogs with general diarrhea, Jaguar’s expectation that it will submit a dossier to the EMA’s CVMP to outline the results of the updated analysis of the company’s completed study of Canalevia in dogs with general diarrhea, Jaguar’s expectation that, if acceptable to the EMA, the company will then submit a MAA for Canalevia for general diarrhea in dogs, and Jaguar’s expectation that, if the MMA is approved, Canalevia will be marketable for treatment of general diarrhea in dogs in all 27 EU member countries. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “aim,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this release are only predictions. Jaguar has based these forward-looking statements largely on its current expectations and projections about future events. These forward-looking statements speak only as of the date of this release and are subject to a number of risks, uncertainties and assumptions, some of which cannot be predicted or quantified and some of which are beyond Jaguar’s control. Except as required by applicable law, Jaguar does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

    1 “Cancer in Pets.” American Veterinary Medical Association, 2021, https://www.avma.org/resources/pet-owners/petcare/cancer-pets

    2 Mason SL, Grant IA, Elliott J, Cripps P, Blackwood L. Gastrointestinal toxicity after vincristine or cyclophosphamide administered with or without maropitant in dogs: a prospective randomised controlled study. J Small Anim Pract. 2014;55:391-398

    Contact:

    hello@jaguar.health
    Jaguar-JAGX

    SOURCE: Jaguar Health, Inc.

    View the original press release on ACCESS Newswire

  • Novi Labs Raises $35 Million From Invictus Growth Partners to Accelerate AI-First Energy Analytics

    Novi Labs Raises $35 Million From Invictus Growth Partners to Accelerate AI-First Energy Analytics

    The capital will drive market expansion, fuel product innovation, and enable acquisitions to help energy producers power the AI-driven future.

    AUSTIN, TX / ACCESS Newswire / June 25, 2025 / Novi Labs (“Novi”), the AI-first energy analytics platform transforming investment decisions across the energy sector, today announced a $35 million investment from Invictus Growth Partners (“Invictus”), a private equity firm focused on backing category-defining companies leveraging artificial intelligence in high-impact industries. Over $50 billion in annual capital allocation decisions from leading energy institutions and investors flow through Novi’s analytics platform, establishing AI-powered analytics as the new standard for institutional energy investment.

    Novi Labs - Invictus Growth Partners
    Novi Labs – Invictus Growth Partners
    Novi Labs Raises $35 Million from Invictus Growth
    Partners to Accelerate AI-First Energy Analytics

    The funding will accelerate Novi’s product roadmap, support go-to-market expansion, and enable targeted acquisitions, solidifying Novi’s role as the core intelligence platform for upstream energy investment.

    “This investment marks a defining inflection point in our mission to transform how energy development and capital allocation decisions are made”. said Scott Sherwood, CEO of Novi Labs. “We’re moving the industry beyond intuition-based legacy workflows to a future defined by AI and proprietary data. That shift is becoming even more urgent as the rapid buildout of data centers to power AI drives unprecedented energy demand. Novi is uniquely positioned at the center of this transformation, delivering the intelligence platform energy producers rely on to guide billions in capital decisions.”

    Powering the Paradigm Shift in Energy Analytics

    Traditional tools are falling short in a sector defined by volatility, scale, and operational complexity. Today’s energy producers, investors, and private equity firms require faster, more accurate, and more transparent insights to inform critical decisions.

    Novi Labs delivers the only energy analytics platform built natively in the cloud and architected from day one for AI. The platform combines advanced machine learning, exclusive proprietary datasets, and deep reservoir science to produce decision-grade forecasts, enabling smarter capital deployment, optimized well design, and measurable performance gains.

    “As AI drives exponential energy consumption, Novi’s platform enables energy producers to scale efficiently and strategically meet that demand,” said John DeLoche, Managing Partner at Invictus. “With a foundation of deep domain knowledge, proprietary datasets, and scientific precision, Novi is reshaping capital allocation in the energy sector. We believe they have built what will become the standard operating system for energy investment, and we are honored to partner with Scott and the entire Novi team.”

    Fueling Scale Through Four Strategic Pillars

    The $35 million investment will be deployed across four high-impact initiatives designed to accelerate Novi’s growth and category leadership:

    • AI-First Product Development: Expanding Novi’s platform to unlock new predictive modeling, analytics, and investment intelligence capabilities.

    • Go-to-Market Execution: Scaling commercialization efforts across strategic geographies, verticals, and customer segments.

    • Operational Infrastructure: Investing in infrastructure, systems, and talent to support enterprise-grade performance and exponential growth.

    • Strategic M&A: With fresh capital and strategic backing, Novi is poised to absorb complementary technology, research, and data players, unlocking new synergies and accelerating innovation.

    From Disruption to Domination

    As the energy sector faces rising volatility, surging AI-driven demand, and capital constraints across oil & gas, power generation, and renewable energy markets, Novi is uniquely positioned to lead the next era of energy investment intelligence:

    • AI That Understands Energy: Domain-specific models trained on proprietary data, not retrofitted to legacy frameworks.

    • Energy Data Others Can’t Get: Exclusive proprietary datasets and advanced research methodologies create defensible data moats.

    • Research That Shows the Receipts: Proprietary data powers data-driven research that delivers both insights and downloadable underlying datasets to clients, replacing industry guesswork with verifiable intelligence.

    About Novi Labs

    Novi Labs is the leading AI-first energy analytics platform redefining how energy operators and investors make high-stakes capital decisions. Built on proprietary machine learning, exclusive datasets, and deep reservoir expertise, Novi delivers the industry’s most accurate well-level forecasts and development insights. Many leading E&P operators and mineral owners rely on Novi, with billions in monthly capital decisions flowing through the platform. Novi is headquartered in Austin, Texas.
    www.novilabs.com

    About Invictus Growth Partners

    Invictus Growth Partners is a buyout and growth equity firm that invests in outstanding, bootstrapped, capital-efficient, automation-enabled cloud software, cybersecurity, and fintech companies. The firm is dedicated to supporting companies seeking capital and strategic resources to accelerate their growth.
    www.invictusgrowth.com

    Contact Information

    Mohamed El Hannaoui
    VP of Marketing
    mhannaoui@novilabs.com

    .

    SOURCE: Novi Labs

    View the original press release on ACCESS Newswire

  • MIRA Pharmaceuticals Announces New Data Underscoring Potential of SKNY-1 – A Drug Candidate Pending Acquisition – To Disrupt Weight Loss and Smoking Cessation Markets Without CNS Side Effects

    MIRA Pharmaceuticals Announces New Data Underscoring Potential of SKNY-1 – A Drug Candidate Pending Acquisition – To Disrupt Weight Loss and Smoking Cessation Markets Without CNS Side Effects

    MIAMI, FL / ACCESS Newswire / June 25, 2025 / MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) (“MIRA” or the “Company”), a clinical-stage pharmaceutical company focused on developing novel therapeutics for neurologic, neuropsychiatric, and metabolic disorders, today announced new in vitro preclinical data generated by Eurofins supporting the therapeutic potential of SKNY-1, a next-generation oral drug candidate being developed by SKNY Pharmaceuticals, Inc. (“SKNY”). MIRA has signed a definitive agreement to acquire SKNY, and the proposed transaction remains subject to regulatory review and shareholder approval.

    SKNY-1 is being developed to help individuals lose weight and quit smoking by targeting key biological pathways involved in appetite, addiction, and reward-without triggering the central nervous system (CNS) side effects that have historically limited cannabinoid-based therapies.

    “We believe SKNY-1 could be a first-in-class oral therapy for two of the largest and most underserved markets: obesity and nicotine addiction,” said Erez Aminov, CEO of MIRA. “What makes this drug candidate so exciting is its precision-it’s engineered to avoid the psychiatric side effects that doomed earlier drugs in this class, while offering a safe, convenient, once-daily oral option.”

    Designed for Selectivity and Safety
    Previous CB1-targeting drugs, such as rimonabant (Acomplia®, Sanofi), showed weight loss and metabolic results but were ultimately withdrawn from the market due to serious psychiatric side effects, including depression and suicidal ideation.¹ These effects stemmed from non-selective inhibition of CB1 signaling in the brain.

    In contrast, in vitro studies conducted by Eurofins demonstrated that SKNY-1 acts as a biased CB1 modulator-selectively blocking the β-arrestin signaling pathway, which is associated with cravings and compulsive behavior, while preserving G-protein signaling, which is important for emotional and cognitive stability. This selective mechanism is designed to reduce cravings and body weight without disrupting mood.

    A Dual Receptor Strategy-Engaging CB2 for Metabolic Support
    In addition to CB1 modulation, SKNY-1 also interacts with the CB2 receptor, which plays a critical role in metabolic regulation and inflammation. Eurofins’ in vitro data show that SKNY-1 behaves as a partial CB2 agonist, potentially enhancing fat metabolism, reducing peripheral inflammation and improving insulin sensitivity. This dose-dependent flexibility distinguishes SKNY-1 from earlier CB1-only drugs and may enable a broader therapeutic impact on obesity-related pathways.

    “SKNY-1 combines modern pharmacology with real-world practicality,” said Dr. Itzchak Angel, Chief Scientific Advisor at MIRA. “By precisely modulating CB1 and CB2 and supporting dopamine stability, it targets obesity and addiction through multiple, complementary mechanisms while potentially avoiding cannabinoid-related psychiatric side-effects.”

    Dopamine Stability Without Stimulant Risk
    SKNY-1 also mildly inhibits the MAO-B enzyme, helping regulate dopamine, a neurotransmitter involved in motivation, focus, and reward. Unlike older monoamine inhibitors, SKNY-1 does not inhibit MAO-A, reducing the risk of serotonin-related side effects. Importantly, the compound demonstrated no or minimal antagonist binding to dopamine receptors (D1, D2, D3), further supporting its favorable CNS safety profile.

    A Differentiated Alternative to Injectables
    While injectable GLP-1 drugs have gained market attention, they are often associated with gastrointestinal side effects and muscle loss. SKNY-1 is being developed as an oral therapy with a profile and expected mechanism that may help preserve muscle mass and improve patient adherence by avoiding injections.

    Market Outlook and Strategic Fit
    Obesity and smoking remain two of the world’s leading causes of preventable death. The global obesity drug market is projected to surpass $150 billion in value by 2030, and the U.S. smoking cessation market is forecast to grow from $28 billion in 2024 to over $50 billion by decade’s end.

    Pending the completion of the proposed acquisition, MIRA believes SKNY-1 could become a cornerstone asset within its pipeline, offering a next-generation solution to two major health challenges. The Company is currently finalizing animal data related to weight loss and nicotine addiction, which will further support its development strategy and future regulatory filings.

    MIRA has submitted the required regulatory filings to the U.S. Securities and Exchange Commission (SEC) in connection with the proposed acquisition of SKNY. A shareholder vote will follow in accordance with SEC regulations.

    For more information, please visit: www.mirapharmaceuticals.com

    About MIRA Pharmaceuticals, Inc.
    MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) is a clinical-stage pharmaceutical company focused on the development and commercialization of novel therapeutics for neurologic, neuropsychiatric, and metabolic disorders. The Company’s pipeline includes oral drug candidates designed to address significant unmet medical needs in areas such as anxiety, cognitive decline, neuropathic pain, obesity, and addiction.

    Cautionary Note Regarding Forward-Looking Statements
    This press release and the statements of MIRA’s management related thereto contain “forward-looking statements,” which are statements other than historical facts made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will,” and variations of these words or similar expressions that are intended to identify forward-looking statements. Any statements in this press release that are not historical facts may be deemed forward-looking. Any forward-looking statements in this press release are based on MIRA’s current expectations, estimates, and projections only as of the date of this release and are subject to a number of risks and uncertainties (many of which are beyond MIRA’s control) that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements, including related to MIRA’s potential merger with SKNY Pharmaceuticals, Inc. These and other risks concerning MIRA’s programs and operations are described in additional detail in the Annual Report on Form 10-K for the year ended December 31, 2024, and the Form 14A filed by MIRA on June 18, 2025, and other SEC filings, which are on file with the SEC at www.sec.gov and MIRA’s website at https://www.mirapharmaceuticals.com/investors/sec-filings. MIRA explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

    Footnote:
    ¹ European Medicines Agency. “Acomplia Suspended as Risks Outweigh Benefits.” October 23, 2008.

    CONTACT:
    Helga Moya
    info@mirapharma.com
    (786) 432-9792

    SOURCE: MIRA Pharmaceuticals

    View the original press release on ACCESS Newswire

  • Clear Start Tax Issues Consumer Alert: IRS Identity Theft Cases Continue After Filing Deadline

    Clear Start Tax Issues Consumer Alert: IRS Identity Theft Cases Continue After Filing Deadline

    Tax Identity Theft on the Rise in 2025 – Clear Start Tax Urges Victims to Act Quickly to Limit IRS Damage

    IRVINE, CA / ACCESS Newswire / June 25, 2025 / Even after the April 15 deadline, tax identity theft continues to spike in 2025. Clear Start Tax is warning taxpayers to stay alert for one of the most damaging forms of IRS fraud: discovering that someone else has already filed a return in your name. Left unaddressed, this growing issue can delay refunds, trigger audits, and cause years of financial headaches.

    The IRS has already flagged a surge in suspicious early-season filings, often from criminals using stolen personal information to claim refunds fraudulently. Unfortunately, many victims don’t realize what has happened until they attempt to file and receive a rejection stating that their return has “already been filed.”

    “It’s one of the most stressful tax situations a person can face,” said the Head of Client Solutions at Clear Start Tax. “You’re locked out of your own account, refunds are frozen, and the IRS clock doesn’t stop. But with the right steps, you can regain control.”

    Signs Someone Else Filed Using Your Information

    If someone uses your Social Security Number to file a tax return, the IRS may process the fraudulent return before you even realize it. Clear Start Tax says to watch for the following red flags:

    • Your e-filed return is rejected because a return was already submitted using your SSN.

    • The IRS says a refund was issued, but you haven’t filed, and didn’t receive the funds.

    • The IRS sends a notice about a suspicious return, new account activity, or a balance due from an unfamiliar filing.

    • Your IRS account shows filings or income you don’t recognize.

    Tax identity theft can leave you responsible for balances or penalties you didn’t cause. To protect yourself and explore your options under the IRS Fresh Start Program, answer a few quick questions and take the first step toward resolution.

    What To Do If You Suspect Tax Identity Theft

    The IRS has a formal process for victims of identity theft, but fast action is critical. Clear Start Tax outlines the steps you should take right away if you think someone has filed a return using your Social Security number:

    1. File IRS Form 14039 (Identity Theft Affidavit) immediately to alert the IRS of suspected fraud.

    2. Respond to any IRS notices – do not ignore them, even if they reference a return you didn’t file.

    3. Request a copy of the fraudulent return by submitting Form 4506-F for further investigation.

    4. File your real return by paper (not e-file) and include all required identity verification documents.

    Clear Start Tax adds that many victims fail to respond quickly enough, which can delay the resolution process or lead to enforced balances for tax debt they don’t actually owe.

    How Clear Start Tax Helps Identity Theft Victims

    Tax identity theft cases can be difficult to navigate without expert help, especially when IRS systems continue to flag your account. Clear Start Tax supports affected clients by handling the entire response process:

    • Managing all IRS correspondence

    • Filing Forms 14039 and 4506-F

    • Correcting account records and securing account transcripts

    • Rebuilding compliance and applying for appropriate taxpayer protections

    “We’ve helped clients who were wrongly pursued for years because of identity theft,” said the Head of Client Solutions at Clear Start Tax. “The key is fast documentation, clean records, and expert follow-through – especially when the IRS system flags your account.”

    Don’t Wait for the IRS to Sort It Out

    Identity theft cases can take months or even years to fully resolve, especially when there’s overlap with back taxes, unfiled returns, or penalties. Victims who act quickly, keep clear documentation, and work with experienced professionals are more likely to avoid long-term damage.

    About Clear Start Tax

    Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm’s unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry.

    Need Help With Back Taxes?

    Click the link below:
    https://clearstarttax.com/qualifytoday/

    (888) 710-3533

    Contact Information

    Clear Start Tax
    Corporate Communications Department
    seo@clearstarttax.com
    (949) 535-1627

    SOURCE: Clear Start Tax

    View the original press release on ACCESS Newswire

  • IDC Names MASV One of Three Most Innovative Companies in Media & Entertainment for 2025

    IDC Names MASV One of Three Most Innovative Companies in Media & Entertainment for 2025

    Recognized for revolutionizing large file transfer and management workflows in sports, news, and high-volume media production

    OTTAWA, ON / ACCESS Newswire / June 25, 2025 / MASV (massive.io), the fastest and most reliable large file transfer platform for media professionals, has been named an IDC Innovator in the IDC Innovators: Media and Entertainment, 2025 report (doc #US52275525, May 2025).

    In today’s market, delivering high-value workflow efficiencies and measurable ROI is essential,” said Alex Holtz, Research Director, Worldwide Media & Entertainment Digital Strategies at IDC. “MASV offers a unique combination of deep cloud and tool integrations, exceptional ease of use, and faster implementation with minimal setup complexity. Their flexible pricing model and ability to work within existing infrastructures further reduce customer risk-making MASV an IDC Innovator in the space.

    According to the report, “MASV serves modern media and entertainment companies with data-intensive applications such as sports and news. Sports demands quick and reliable delivery of high-quality video content from live event footage to highlight reels. Benefits include real-time delivery, efficient remote uploads, and reliability. News agencies constantly operate under immense time constraints, needing to gather and organize breaking stories at lightning speed. Journalists can efficiently upload footage from the field, which MASV automatically categorizes for streamlined newsroom workflows. Reporters with minimal technical expertise can transfer files quickly using drag-and-drop functionality, avoiding technical delays. Automated workflows, such as integrations with Amazon S3 and Slack notifications, ensure that producers and editors access content instantly, accelerating broadcast readiness for time-sensitive stories. MASV simplifies, manages, and supports the transfer of entire archives, individual files up to 15TB, or multi-petabyte data sets such as historical footage or production backups. MASV offers cloud-based scalability with platforms that enable seamless ingestion and distribution of petabyte-scale data directly into storage systems and provides secure, reliable transfers.”

    We’re honored to be recognized as an IDC Innovator in media and entertainment,” said MASV CTO and interim CEO Majed Alhajry. “We’ve built MASV to solve the real problems media teams face today, from shrinking timelines to distributed production teams, and this recognition validates the mission we’re on.”

    Download the IDC Innovators Excerpt
    To view the MASV excerpt from the IDC Innovators: Media and Entertainment, 2025 report, visit https://massive.io/masv-idc-innovator.

    About IDC Innovators:

    An IDC Innovators report presents a set of vendors – under $100M in annual revenue at the time of selection – chosen by an IDC analyst within a specific market that offer a new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. It is not an exhaustive evaluation or a comparative ranking of all companies, but rather a document that highlights innovative companies in a specific market segment. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.

    About MASV

    MASV is a cloud-based large file transfer platform designed to orchestrate and secure file movement worldwide to meet fast-paced and nimble workflows. Global media organizations rely on MASV to automatically deliver their large files without any restrictions, allowing them to concentrate on their next big deliverable. To learn more and try MASV for free, visit massive.io or contact team@masv.io.

    MASV Press Contact:

    Melissa Harding
    Grithaus Agency
    (e) melissa@grithaus.agency

    ###

    SOURCE: MASV

    View the original press release on ACCESS Newswire

  • EdgeCore Digital Infrastructure Announces Plans to Invest $17B+ in Louisa County, VA through the Development of 1.1+ Gigawatt Data Center Campus

    EdgeCore Digital Infrastructure Announces Plans to Invest $17B+ in Louisa County, VA through the Development of 1.1+ Gigawatt Data Center Campus

    New Central Virginia campus expands EdgeCore’s Virginia data center portfolio to over 1.6GW

    DENVER, CO / ACCESS Newswire / June 25, 2025 / EdgeCore Digital Infrastructure, a wholesale data center developer, owner, and operator, announced the purchase of 697 acres of land in the Shannon Hill Regional Business Park in Louisa County, Virginia, and plans to develop a 3.9 million square foot high-density data center campus capable of supporting over 1.1 gigawatts of power.

    “EdgeCore was deliberate and intentional in our decision to commit to Louisa County for the development of a 1.1+ GW high-density data center campus,” said Lee Kestler, CEO, EdgeCore Digital Infrastructure. “The investment in this land enables EdgeCore to expand our growth in Central Virgina, providing our hyperscale and AI focused customers with scalable, cost-efficient data center solutions, while simultaneously benefitting the residents of Louisa County with decades of tax revenue, job creation and ancillary investments. I want to thank the Louisa County Industrial Development Authority and the Commonwealth’s economic development team for their support.”

    “Virginia is the world capital for the infrastructure on which the internet and the entire global economy runs. From the spine of the internet running through Ashburn to the transatlantic cables that connect in Virginia Beach, the entire Commonwealth is engaged in supporting the technology which runs the world. We are proud to welcome EdgeCore to Central Virginia where their $17 billion investment will create jobs and fund vital public resources,” said Governor Glenn Youngkin.

    “REC and our affiliate, Hyperscale Energy, are proud to support EdgeCore’s significant investment in Louisa County. Their vision aligns with the growing demands of the digital economy, and we’re honored they chose our service area for this major development,” said John Hewa, CEO, Rappahannock Electric Cooperative. “As a cooperative committed to delivering world-class service to our data center members, we look forward to working alongside EdgeCore and Louisa County to power this project and build the infrastructure that enables its success.”

    As EdgeCore has done with its data center campuses in other markets, the company will employ its community-first approach in Louisa County. Residents can expect EdgeCore’s development to generate economic growth and jobs, as well as to have minimal impact on local water supplies and the surrounding Central Virginia landscape. EdgeCore will leverage best practices honed in Greater Phoenix and other markets to minimize traffic during construction, and respond quickly to questions raised by community members.

    “In my role as EdgeCore’s head of community and government relations, I lean heavily on my 25 years of experience in economic development to ensure that the communities in which we do business see EdgeCore as a resource and a partner,” said William Jabjiniak, SVP, National Community/Government Relations, EdgeCore Digital Infrastructure. “In Louisa County, we intend to contribute as a good neighbor would by investing our time and resources to the betterment of the county at large.”

    To ensure EdgeCore’s campus makes the most efficient use of water possible, the company will employ a close-looped air-cooled system at its Louisa County campus that uses very little water to cool its facilities, carrying a benchmark water usage effectiveness (WUE) rating below .01 L/kWh.

    Today’s new market announcement about Louisa County brings EdgeCore’s total active market count to six, including Ashburn, Culpeper, VA, Silicon Valley, Greater Phoenix and Reno, all of which have been designed to accommodate data centers for single hyperscale tenants.

    About EdgeCore Digital Infrastructure

    EdgeCore Digital Infrastructure serves the world’s largest cloud and internet companies with both ready-for-occupancy and build-to-suit data center campuses that are designed for density. Privately held and backed by committed equity, EdgeCore enables hyperscale customer requirements by proactively investing in regions that provide the land and power necessary to support and scale AI and cloud technology. While working thoughtfully with the communities in which we do business, our data center campuses are built at scale to meet key performance specifications, safety metrics and sustainability objectives. EdgeCore has data center campuses in six North American markets with plans to continue regional expansion in 2025 and beyond. For more information, please visit edgecore.com.

    Media Contact
    Courtney Gaudet
    EdgeCore Digital Infrastructure
    courtney.gaudet@edgecore.com

    SOURCE: EdgeCore Digital Infrastructure

    View the original press release on ACCESS Newswire

  • Interactive Strength Inc. (Nasdaq:TRNR) Announces 1-for-10 Reverse Split

    Interactive Strength Inc. (Nasdaq:TRNR) Announces 1-for-10 Reverse Split

    Reverse Split Becomes Effective Friday, June 27, 2025

    Shareholder- and Board-Approved Action Reduces Shares Outstanding to 1.4 million from 13.9 million, Expected to Ensure Continued Compliance with Nasdaq Listing Requirements

    AUSTIN, TEXAS / ACCESS Newswire / June 25, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) (“TRNR” or “the Company”), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-10. The reverse stock split will become effective on June 27, 2025, and the Company’s common stock will begin trading on a post-split basis at the market open on June 27, 2025, under the Company’s existing trading symbol “TRNR”, with the new CUSIP number, 45840Y401. The reverse stock split is part of the Company’s plan to maintain compliance with the minimum bid price requirement of $1.00 per share required to maintain continued listing on The Nasdaq Capital Market, among other benefits.

    The reverse stock split range was approved by the Company’s stockholders at the Company’s Special Meeting of Stockholders held on March 11, 2025, at the discretion of the Company’s Board of Directors. The final ratio was approved by the Company’s Board on May 6, 2025.

    The reverse stock split is expected to reduce the number of shares of the Company’s outstanding common stock to approximately 1.4 million shares from approximately 13.9 million shares. As a result of the reverse stock split, proportionate adjustments will be made to the number of shares of the Company’s common stock underlying the Company’s outstanding preferred stock, equity awards and warrants and the number of shares issuable under the Company’s equity incentive plans and other existing agreements, as well as the conversion or exercise price, as applicable. There will be no change to the number of authorized shares or the par value per share of the Company’s common stock.

    Information for TRNR Stockholders

    As a result of the reverse stock split, every ten pre-split shares of common stock outstanding will become one share of common stock. The Company’s transfer agent, Equiniti Trust Company, LLC, will serve as the exchange agent for the reverse stock split.

    Registered stockholders holding pre-split shares of the Company’s common stock electronically in book-entry form are not required to take any action to receive post-split shares. Those stockholders who hold their shares in brokerage accounts or in “street name” will have their positions automatically adjusted to reflect the reverse stock split, subject to each broker’s particular processes, and will not be required to take any action in connection with the reverse stock split.

    Stockholders holding shares of the Company’s common stock in certificate form will have their holdings of the Company’s common stock automatically adjusted to reflect the reverse stock split.

    No fractional shares will be issued in connection with the reverse stock split. Stockholders who otherwise would be entitled to receive fractional shares will receive cash for each fraction of a share they hold.

    TRNR Investor Contact

    ir@interactivestrength.com

    About Interactive Strength Inc.:

    Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on Nasdaq (symbol:TRNR).

    CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR’s design is compact and easy to move – making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. www.clmbr.com.

    FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company’s connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. www.formelife.com.

    Forward Looking Statements:

    This press release includes certain statements that are “forward-looking statements” for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management’s assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”, “may”, “should”, “will”, “would”, “will be”, “will continue”, “will likely result” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: our ability to regain compliance with Nasdaq’s continued listing requirements; market and other conditions; demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.

    # # #

    SOURCE: Interactive Strength Inc.

    View the original press release on ACCESS Newswire

  • Wellgistics Health (NASDAQ:WGRX) Accelerates Platform Growth in Q2 With 116 Manufacturer Partnerships, 12,400+ New Products, and 275+ Pharmacies Added to Its Expanding Tech Based Drug Ecosystem

    Wellgistics Health (NASDAQ:WGRX) Accelerates Platform Growth in Q2 With 116 Manufacturer Partnerships, 12,400+ New Products, and 275+ Pharmacies Added to Its Expanding Tech Based Drug Ecosystem

    TAMPA, FL / ACCESS Newswire / June 25, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX), a healthcare technology company focused on building the future of prescription access and distribution, today announced significant Q2 2025 operational results-adding 116 new pharmaceutical manufacturer partnerships, over 12,400 new products (NDCs), and 275+ pharmacies to its national platform.

    This expansion reflects Wellgistics’ accelerating momentum in creating a modern drug ecosystem-one that aims to connect manufacturers directly to pharmacies, providers, employers, and patients through a fully integrated, AI-powered infrastructure designed to streamline fulfillment, reduce costs, and bypass legacy bottlenecks.

    “We’re in hyper structural transformation mode,” said Brian Norton, CEO of Wellgistics Health. “Pharma companies are signaling a shift. They want partners who can deliver speed, visibility, and direct access-not more layers of complexity. Every new manufacturer, every new product, and every new pharmacy is helping us rewire how prescriptions move in this country. We’re laying the foundation for real-time, patient-first drug access at national scale.”

    As Wellgistics continues to advance toward direct-to-patient care programs, the company intends to leverage its expanding distribution, fulfillment, and pharmacy network to support new models of care-aligning pharmaceutical manufacturers with a streamlined path to market while offering patients faster, more transparent prescription access.

    The Wellgistics platform spans the full prescription journey-from wholesale distribution and digital Rx routing to pharmacy dispensing and Hub Services including eligibility, prior authorization, adherence tracking, and patient engagement. With thousands of pharmacies on board and manufacturer demand accelerating, Wellgistics seeks to be a vital infrastructure partner for reshaping prescription drug delivery in the U.S.

    About Wellgistics Health

    Wellgistics Health (NASDAQ:WGRX) is a healthcare technology company built for the $500B prescription drug market. Our AI-powered, vertically integrated platform connects pharmaceutical manufacturers directly to providers, pharmacies, employers, and patients-managing the full journey from maker to taker. From distribution and digital routing to pharmacy fulfillment and Hub Services, Wellgistics is delivering the infrastructure to power a faster, smarter, and more transparent future in prescription access.

    For more information, visit www.wellgisticshealth.com.

    Forward-Looking Statements

    This press release may contain forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When Wellgistics Health uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, Wellgistics Health’s statements regarding Wellgistics Health’s strategy and descriptions of its future operations, prospects, and plans. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from Wellgistics Health’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risks detailed in our reports and statements filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in Wellgistics Health’s filings with the SEC, which are available for review at www.sec.gov.

    For more information, please contact:

    Media Contact: media@wellgisticshealth.com
    Investor Relations: investors@wellgisticshealth.com

    Investor Relations Contact:

    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    SOURCE: Wellgistics Health, Inc.

    View the original press release on ACCESS Newswire