Market Signal Briefing

Adeia (ADEA - Free Report) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +17.81%. A quarter ago, it was expected that this provider of chip technology for small electronic devices would post earnings of $0.36 per share when it actually produced earnings of $0.28, delivering a surprise of -22.22%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Adeia, which belongs to the Zacks Technology Services industry, posted revenues of $182.64 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 9.43%. This compares to year-ago revenues of $119.17 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Adeia shares have added about 10.2% since the beginning of the year versus the S&P 500's gain of 0.9%.

What's Next for Adeia?While Adeia has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Adeia was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.32 on $96.2 million in revenues for the coming quarter and $1.49 on $415.44 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Duolingo, Inc. (DUOL - Free Report) , has yet to report results for the quarter ended December 2025. The results are expected to be released on February 26.

This company is expected to post quarterly earnings of $0.79 per share in its upcoming report, which represents a year-over-year change of +154.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Duolingo, Inc.'s revenues are expected to be $276.79 million, up 32.1% from the year-ago quarter.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Pomdoctor To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Pomdoctor between October 9, 2025 and December 11, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - February 23, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Pomdoctor Limited ("Pomdoctor" or the "Company") (NASDAQ: POM) and reminds investors of the April 13, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) that Pomdoctor was the subject of a fraudulent stock promotion scheme involving social media based misinformation and impersonated financial professionals; (2) that insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) that Pomdoctor's public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Pomdoctor experienced a significant decline in its share price between December 10 and December 11, 2025. The company's stock closed at approximately $0.50 per share on December 10, 2025, before falling to about $0.38 per share at the close of trading on December 11, 2025, representing a decline of roughly $0.12 per share, or approximately 24%, in a single trading session. The drop followed heightened volatility and selling pressure in the stock, amid broader investor concerns regarding Pomdoctor's financial performance and valuation.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Pomdoctor's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Pomdoctor class action, go to www.faruqilaw.com/POM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284960

Source: Faruqi & Faruqi LLP

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Across the presentation and the question-and-answer session, executives consistently positioned artificial intelligence as a central component of competitive strategy, client engagement, with a long-term investment horizon.

Management framed AI as an embedded capability influencing lending decisions, pricing models, customer interactions and infrastructure modernization.

The discussion featured several members helming various departments at the firm, including Chairman and Chief Executive Officer Jamie Dimon, Chief Financial Officer Jeremy Barnum, Consumer and Community Banking CEO Marianne Lake, Asset and Wealth Management CEO Mary Callahan Erdoes, Commercial and Investment Bank Co-CEO Doug Petno, and Commercial and Investment Bank Co-CEO Troy Rohrbaugh.

Their remarks collectively reflected how AI initiatives are being distributed across business lines, while other commentary took note of at least some risks that bear watching in private credit.  The broader macro backdrop has shown consumers to be stable across a variety of metrics.

Dimon on AI and Competitive Pressure Dimon situated AI within a competitive banking landscape that continues to attract both established financial institutions and specialized entrants.

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“My view,” he told the audience, “is that we will be a winner, but at the end of the day, if you look at 100 areas, we’ll be a winner in 75 and maybe a loser in 25.

“There’s some very smart people out there cherry picking very narrow parts of the ecosystem.”

He emphasized that JPMorgan’s approach centers on applying technology to improve customer outcomes. “For us, we are going to deploy AI as fast as we can to do a better job for our customers. That’s what we are going to do,” the CEO said.

Dimon also acknowledged the longstanding challenge of quantifying returns on technology investment, with a nod to the fact that some initiatives “are revenue enhancements, some are cost avoidance, some are [for] risk and fraud.”

AI Across Business Lines Other executives elaborated on how AI capabilities are being operationalized. Petno stressed that JPMorgan’s AI development reflects a multiyear trajectory rather than a recent shift.

“We didn’t just start this work in the last couple years,” Petno said. “We had a center of excellence for machine learning in AI over the last decade.”

Within the Commercial and Investment Bank, Petno pointed to applications designed to improve client outcomes. “One big standout category is just giving value back to clients. Think agentic commerce, better cash flow and analytics.”

Erdoes addressed the interplay between automation and advisory functions, cautioning that algorithmic outputs still require professional judgment.

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Barnum highlighted the scale of AI deployments across the firm. “Machine learning and analytical AI have been driving improvements in revenue and expense for many years,” he said, adding that JPMorgan has doubled the number of use cases in production this year.

Barnum detailed the firm’s projected technology expenditures, noting that costs are expected to reach approximately $19.8 billion this year, up about 10% from last year.  Within that number, said the CFO, “we are spending $1.2 billion more this year on major projects” including “platform buildouts like Apple Card.”

Risk, Software and Private Credit Executives also addressed potential areas of vulnerability. Barnum acknowledged emerging uncertainties tied to AI’s broader economic effects. There’s the potential risk in the software industry from the advances in AI, executives stated, but they contended that the bank’s exposure remains limited.

Rohrbaugh commented on private credit dynamics within a shifting macro environment, noting that there is “a lot of capital in the private credit ecosystem. We see lots of deployment. We see lots of people chasing opportunities. So this hasn’t changed that overall ecosystem, but we’re watching it closely. We’re very risk disciplined. We’re comfortable with where we are.”

He emphasized risk discipline. “We’re very thoughtful about the risk we take.”

Core Banking Guidance Alongside technology themes, management reiterated expectations for deposits, lending and credit performance. Barnum said the firm continues to expect card net charge-offs of roughly 3.4%.

“The labor market is the critical factor to watch,” he said. Lake addressed evolving deposit behavior as consumers increasingly optimize returns. “Yield optimization is not a new phenomenon,” she said. “Moving money is increasingly easy.”

State of the Consumer Executives consistently characterized consumer conditions as steady. Barnum observed that spending patterns across income segments remain within historical ranges.

“What we’re seeing in the data is, while there is a difference, the difference is not outside the pre-pandemic range,” Barnum said. “Lower-income consumers remain resilient.”

JPMorgan Chase CEO Jamie Dimon said Monday that he was anxious over the U.S. economy, citing elevated asset prices and a competitive environment in banking that reminded him of the pre-2008 crisis years.

Even as economists tout the Trump administration's tax and deregulatory policies as boosting economic growth this year, Dimon said that his own tendencies were to consider what could go wrong when expectations are riding high.

"My own view is people are getting a little comfortable that this is real, these high asset prices and high volumes, and that we won't have any problems," said Dimon, who was dressed in black and wore a brace on one of his hands.

Inevitably, Dimon said, the economic cycle will turn, leading to a wave of borrower defaults that would broadly affect lenders, and often impacting industries few people expect, he said.

"There will be a cycle one day… I don't know what confluence of events will cause that cycle. My anxiety is high over it," Dimon said. "I'm not assuaged by the fact that asset prices are high. In fact, I think that adds to the risk."

While fears over how artificial intelligence models from Anthropic and OpenAI could disrupt a myriad of industries — especially software firms — have churned markets in recent weeks, the broader S&P 500 isn't far off from its all-time record level.

At the same time, concerns over loans to software companies at the nexus of AI worries have walloped private credit lenders after Blue Owl spooked markets last week when it announced it had to sell assets to satisfy investors clamoring to exit one of its funds.

The episode, which dragged down the shares of larger alternative asset managers including Apollo, KKR and Blackstone, led some market observers to wonder if the start of a broader downturn in credit had begun.

"There's always a surprise in a credit cycle," Dimon said. "The surprise has often been which industry" is impacted most, he said. "You didn't expect utilities and phone companies in '08, '09, and this time around, it might be software, because of AI."

In response to a question from the veteran banking analyst Mike Mayo, Dimon said the current environment felt similar to the three years leading into the 2008 financial crisis in that "everyone is making a lot of money, people were leveraging, the sky was the limit."

The JPMorgan chief said that some financial firms were "doing some dumb things" now that involved chasing interest income, which is made through lending and investing activities, though he didn't name the companies doing so.

"You feel stupid when everyone's coining money and everyone's great… it does feel really good," Dimon said.

"And then when I think about all the factors taking place," Dimon added, "I take a deep breath and say `watch out'."

This story is developing. Please check back for updates.

The company will move some production of the desktop computer to a Foxconn facility in Texas.

For the quarter ended December 2025, Myriad Genetics (MYGN - Free Report) reported revenue of $209.8 million, down 0.4% over the same period last year. EPS came in at $0.04, compared to $0.03 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $207.59 million, representing a surprise of +1.07%. The company delivered an EPS surprise of +350%, with the consensus EPS estimate being -$0.02.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Myriad performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue by core product- Prenatal: $44.9 million versus the two-analyst average estimate of $47.02 million. The reported number represents a year-over-year change of 0%.Revenue by core product- Hereditary Cancer: $96.8 million compared to the $94.87 million average estimate based on two analysts. The reported number represents a change of +2.7% year over year.Revenue by core product- Tumor Profiling: $31.5 million versus the two-analyst average estimate of $28.59 million. The reported number represents a year-over-year change of +2.3%.View all Key Company Metrics for Myriad here>>>

Shares of Myriad have returned -26.9% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

For the quarter ended December 2025, MediaAlpha, Inc. (MAX - Free Report) reported revenue of $291.16 million, down 3.2% over the same period last year. EPS came in at $0.50, compared to $0.08 in the year-ago quarter.

The reported revenue represents a surprise of -2.7% over the Zacks Consensus Estimate of $299.24 million. With the consensus EPS estimate being $0.25, the EPS surprise was +102.68%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how MediaAlpha performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Transaction Value: $612.97 million versus $638.36 million estimated by two analysts on average.Transaction Value - Property & Casualty insurance: $551.59 million compared to the $581.42 million average estimate based on two analysts.Transaction Value - Other: $0.24 million versus $0.29 million estimated by two analysts on average.Transaction Value - Life insurance: $6.85 million compared to the $7.13 million average estimate based on two analysts.Transaction Value - Health insurance: $54.29 million versus the two-analyst average estimate of $49.67 million.View all Key Company Metrics for MediaAlpha here>>>

Shares of MediaAlpha have returned -27.5% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

DMC Global (BOOM - Free Report) reported $143.53 million in revenue for the quarter ended December 2025, representing a year-over-year decline of 5.8%. EPS of -$0.50 for the same period compares to $0.09 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $143.43 million, representing a surprise of +0.07%. The company delivered an EPS surprise of -376.19%, with the consensus EPS estimate being -$0.11.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how DMC Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Arcadia: $56.99 million compared to the $62.45 million average estimate based on two analysts. The reported number represents a change of -5.5% year over year.Net Sales- NobelClad: $17.69 million compared to the $19.7 million average estimate based on two analysts. The reported number represents a change of -37.8% year over year.Net Sales- DynaEnergetics: $68.86 million versus the two-analyst average estimate of $59.9 million. The reported number represents a year-over-year change of +8.1%.View all Key Company Metrics for DMC Global here>>>

Shares of DMC Global have returned -0.2% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Skyward Specialty Insurance (SKWD - Free Report) reported $385.59 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 26.7%. EPS of $1.17 for the same period compares to $0.80 a year ago.

The reported revenue represents a surprise of +3.1% over the Zacks Consensus Estimate of $374 million. With the consensus EPS estimate being $0.96, the EPS surprise was +21.56%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Skyward performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Expense ratio: 28.9% versus the six-analyst average estimate of 28.6%.Loss ratio: 59.6% versus 62.6% estimated by six analysts on average.Combined ratio: 88.5% versus the six-analyst average estimate of 91.2%.Revenues- Net investment income: $23.51 million versus $22.96 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.Revenues- Commission and fee income: $0.42 million versus the six-analyst average estimate of $1.57 million. The reported number represents a year-over-year change of -48.5%.Revenues- Net earned premiums: $356.8 million versus the six-analyst average estimate of $349.51 million. The reported number represents a year-over-year change of +21.7%.View all Key Company Metrics for Skyward here>>>

Shares of Skyward have returned +4.4% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

BioMarin Pharmaceutical (BMRN - Free Report) reported $874.57 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 17%. EPS of $0.46 for the same period compares to $0.92 a year ago.

The reported revenue represents a surprise of +5.41% over the Zacks Consensus Estimate of $829.66 million. With the consensus EPS estimate being $0.25, the EPS surprise was +85.48%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how BioMarin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenues- Net product revenues: $859.32 million versus the 10-analyst average estimate of $813.04 million. The reported number represents a year-over-year change of +16.8%.Revenues- Royalty and other revenues: $15.24 million versus the 10-analyst average estimate of $13.32 million. The reported number represents a year-over-year change of +30.5%.Revenues- Net Product Revenues- NAGLAZYME: $120 million versus the nine-analyst average estimate of $123.94 million. The reported number represents a year-over-year change of +9.1%.Revenues- Net Product Revenues- VIMIZIM: $206 million versus $201.47 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +7.9% change.Revenues- Net Product Revenues- PALYNZIQ: $125 million compared to the $108 million average estimate based on nine analysts. The reported number represents a change of +25% year over year.Revenues- Net Product Revenues- VOXZOGO: $273 million versus the nine-analyst average estimate of $262.31 million. The reported number represents a year-over-year change of +31.3%.Revenues- Net Product Revenues- KUVAN: $23 million versus the nine-analyst average estimate of $20.82 million. The reported number represents a year-over-year change of -17.9%.Revenues- Net Product Revenues- ALDURAZYME: $49 million versus $44.95 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +25.6% change.Revenues- Net Product Revenues- BRINEURA: $49 million compared to the $47.51 million average estimate based on nine analysts. The reported number represents a change of +2.1% year over year.Revenues- Net Product Revenues- ROCTAVIAN: $13 million compared to the $7.58 million average estimate based on eight analysts. The reported number represents a change of +18.2% year over year.View all Key Company Metrics for BioMarin here>>>

Shares of BioMarin have returned +14% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of the ports to Danish shipping giants A.P. Moller-Maersk and Swiss-based Mediterranean Shipping Co.

The notice formalized a Supreme Court ruling last month that the concessions for the Balboa and Cristobal terminals near the Panama Canal, which Panama Port Company, a subsidiary of CK Hutchison, had held for more than two decades, were unconstitutional.

The Panamanian government on Monday formally assumed control of the port facilities, including cranes, vehicles, computer systems and software under a decree aimed at ensuring uninterrupted operations until a new concession is awarded within 18 months.

Under the interim arrangement, APM Terminals, a unit of Maersk, will operate the Balboa port on the Pacific side of the canal, while MSC's port operating subsidiary, Terminal Investment, will run the Cristobal port on the Atlantic side.

Shares of CK Hutchison fell 0.9% at the open Tuesday. The stock has climbed over 20% so far this year.

CNBC reached out to CK Hutchison, Panama Ports Company, Maersk and MSC for comment but did not receive a response by publication.

watch now

The simmering dispute has become a geopolitical flashpoint between Washington and Beijing, with Panama caught in the crossfire.

After U.S. President Donald Trump alleged last year that China was "running the Panama Canal," CK Hutchison negotiated a $23 billion deal with a BlackRock-led consortium to sell its non-Chinese port assets. Beijing swiftly intervened, describing the sale as  "kowtowing" to American pressure and stalling the transaction.

The Hong Kong conglomerate has pushed back since the ruling last month and initiated arbitration proceedings against Panama. On Feb. 12, CK Hutchison said that "any steps" that Maersk or its subsidiary takes to operate the ports without its agreement will likely "result in legal recourse."

Beijing also warned that the Central American country will "pay a heavy price both politically and economically" unless it changes course.

The Panama court's ruling was seen as a major victory for the U.S., given that the White House has made blocking China's influence over the global trade artery one of its top priorities.

China has reportedly directed state firms to halt talks over new projects in Panama and urged shipping companies to consider rerouting cargo through other ports, Bloomberg reported last week.

— CNBC's Emily Chan contributed to this story.

  Vancouver, British Columbia - February 23, 2026 – TheNewswire – Vault Strategic Mining Corp. (TSXV:KNOX) (OTC:KNXFF) (FSE:M85) ("VAULT" or the "Company") announces the closing of the Company’s previously announced non-brokered private placement of up to 2,000,000 units at a price of $0.25 per unit (each, a "Unit") for gross proceeds of $500,000 (the "Private Placement").

Each Unit is comprised of one common share (each a "Share") and one-half of one transferable common share purchase warrant (each whole warrant, a "Warrant").  Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $0.35 per share for a period of twelve (12) months from the date of issuance.

The net proceeds from the Private Placement will be allocated toward exploration activities and for general corporate purposes.  All securities issued pursuant to the Private Placement are subject to a hold period of four months and one day expiring on June 24, 2026 as required under applicable securities legislation.  The Private Placement is subject to final TSX Venture Exchange approval (the "Exchange").

The Warrants have an acceleration provision, which provides that in the event that after four months and one day from the date of issue of the Warrants, if the closing price of the Company's common shares on the Exchange or any other stock exchange on which the Company's common shares are then listed, is at a price equal to or greater than $0.60 for a period of five (5) consecutive trading days, the Company will have the right to accelerate the expiry date of the Warrants by issuing a press release or other form of notice (the "Notice") permitted by the certificate representing the Warrants, announcing that the Warrants will expire at 5:00 p.m. (Pacific time) on the date that is not less than 30 days from the date the Notice is given.

The Company paid finder's fees totalling $12,000 and has issued 48,000 non-transferable broker warrants exercisable at $0.35 per share for a period of twelve (12) months from the date of issuance to Canaccord Genuity Corp.

On behalf of the Board:

Vault Strategic Mining Corp.

  "R. Nick Horsley"

  President, Chief Executive Officer, Chairman

Tel: 604-343-4338| Email: [email protected]

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE "1933 ACT") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

  NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

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

  Disclaimer for Forward-Looking Information

This release includes forward-looking statements regarding Vault, and the Company’s exploration Projects, which may include, but is not limited to, statements with respect to the completion of the acquisition of the exploration Projects, and the ability to obtain regulatory approvals, and other factors. Often, but not always, Forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes", "estimates" or variations of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of each entity. The forward-looking events and circumstances discussed in this release, including completion of the acquisition of the Letain Project, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including the risk that VAULT may not obtain all requisite approvals for the acquisition, including the approval of the TSXV, risks of the resource industry, failure to obtain any other required regulatory approvals, economic factors, any estimated amounts, timing of the acquisition and requited payments, the equity markets generally and risks associated with growth, exploration and development. Although VAULT has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made VAULT undertaked no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Kratos (KTOS - Free Report) reported $345.1 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 21.9%. EPS of $0.18 for the same period compares to $0.13 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $328.25 million, representing a surprise of +5.13%. The company delivered an EPS surprise of +28.57%, with the consensus EPS estimate being $0.14.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Kratos performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenues- Product sales: $230.8 million compared to the $201.65 million average estimate based on five analysts. The reported number represents a change of +30.7% year over year.Revenues- Unmanned Systems: $68.5 million versus $73.19 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.Revenues- Kratos Government Solutions: $276.6 million versus $256.58 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +24.6% change.Revenues- Service revenues: $114.3 million compared to the $123.97 million average estimate based on five analysts. The reported number represents a change of +7.3% year over year.Gross Profit- Service revenues: $31.6 million compared to the $31.85 million average estimate based on five analysts.Gross Profit- Product sales: $51.8 million versus $47.65 million estimated by five analysts on average.Operating income (loss)- Unmanned Systems: $1.9 million compared to the $1.69 million average estimate based on three analysts.Operating income (loss)- Kratos Government Solutions: $17.3 million compared to the $17.98 million average estimate based on three analysts.View all Key Company Metrics for Kratos here>>>

Shares of Kratos have returned -13% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

UFP Industries (UFPI - Free Report) reported $1.33 billion in revenue for the quarter ended December 2025, representing a year-over-year decline of 9%. EPS of $0.70 for the same period compares to $1.20 a year ago.

The reported revenue represents a surprise of -5.29% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.03, the EPS surprise was -32.04%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how UFP Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Retail: $443.96 million compared to the $509.03 million average estimate based on two analysts. The reported number represents a change of -15.4% year over year.Net Sales- Construction: $439.79 million versus $457.57 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -9.7% change.Net Sales- Packaging: $370.1 million versus the two-analyst average estimate of $362.03 million. The reported number represents a year-over-year change of -1.4%.View all Key Company Metrics for UFP Industries here>>>

Shares of UFP Industries have returned +4.1% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

For the quarter ended December 2025, Diamondback Energy (FANG - Free Report) reported revenue of $3.38 billion, down 9% over the same period last year. EPS came in at $1.74, compared to $3.64 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $3.15 billion, representing a surprise of +7.01%. The company delivered an EPS surprise of -7.2%, with the consensus EPS estimate being $1.88.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Diamondback performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Average daily production / Daily combined volumes: 969,120.00 BOE/D versus 951,118.10 BOE/D estimated by nine analysts on average.Average Prices - Natural gas liquids, hedged: $/13.51 versus the six-analyst average estimate of $/14.41.Average Prices - Oil -hedged: $/57.07 versus $/57.12 estimated by six analysts on average.Average Prices - Natural gas, hedged: $1.03 per thousand cubic feet versus $1.12 per thousand cubic feet estimated by six analysts on average.Average Prices - Natural gas liquids: $/13.51 versus the five-analyst average estimate of $/14.14.Total Production Volume - Natural gas liquids: 21,684.00 MBBL versus 20,973.56 MBBL estimated by five analysts on average.Total Production Volume - Natural gas: 121,805.00 MMcf compared to the 118,400.70 MMcf average estimate based on five analysts.Total Production Volume - Oil: 47,174.00 MBBL versus the five-analyst average estimate of 46,918.53 MBBL.Total Production Volume (Combined volumes): 89,159.00 MBOE versus 87,625.53 MBOE estimated by five analysts on average.Average Prices - Oil: $/58 compared to the $/56.62 average estimate based on five analysts.Revenues- Oil, natural gas and natural gas liquid: $3.03 billion compared to the $3.02 billion average estimate based on five analysts. The reported number represents a change of -12.6% year over year.Revenues- Other operating income: $35 million versus $24.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +133.3% change.View all Key Company Metrics for Diamondback here>>>

Shares of Diamondback have returned +14.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Clearway Energy, Inc. (CWEN.A) Q4 2025 Earnings Call February 23, 2026 5:00 PM EST

Company Participants

Akil Marsh
Craig Cornelius - CEO, President & Director
Sarah Rubenstein - Executive VP & CFO

Conference Call Participants

Mark Jarvi - CIBC Capital Markets, Research Division
Hannah Velásquez - Jefferies LLC, Research Division
Justin Clare - ROTH Capital Partners, LLC, Research Division
Agnieszka Storozynski - Seaport Research Partners
Heidi Hauch - BNP Paribas, Research Division
Nelson Ng - RBC Capital Markets, Research Division

Presentation

Operator

Thank you for standing by, and welcome to Clearway Energy Inc.'s Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions]

I would now like to hand the call over to Akil Marsh, Senior Director, Investor Relations. Please go ahead.

Akil Marsh

Thank you for taking the time to join Clearway Energy, Inc.'s fourth quarter call. With me today are Craig Cornelius, the company's President and CEO; and Sarah Rubenstein, the company's CFO.

Before we begin, I'd like to quickly note that today's discussion will contain forward-looking statements, which are based on assumptions that we believe to be reasonable as of this date. Actual results may differ materially. Please review the safe harbor in today's presentation as well as risk factors in our SEC filings. In addition, we will refer to both GAAP and non-GAAP financial measures. For information regarding our non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures, please refer to today's presentation.

In particular, please note that we may refer to both offered and committed transactions in today's oral presentation and also may discuss such transactions during the question-and-answer portion of today's conference. Please refer to the safe harbor in today's presentation for a description of the categories of potential transactions and related risks, contingencies and uncertainties.

With that, I'll hand it over to Craig.

Craig Cornelius

BOSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Navan, Inc. (Nasdaq: NAVN) and certain of its executives. Investors who have lost money in their Navan investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/navn.

What is this all about?

The lawsuit alleges that the Company’s October 31, 2025, IPO offering materials did not adequately disclose that, at the time of the Offering, Navan had sharply increased sales and marketing spending and was facing slowing revenue trends, which were necessary to sustain its reported growth metrics. Navan sold approximately 36.9 million shares at $25 per share in the IPO. On December 15, 2025, the company disclosed a substantial sequential increase in sales and marketing expenses and announced the departure of its Chief Financial Officer, and the stock declined the following trading day, closing at $12.90 per share.

‍Who is eligible?

Anyone who purchased Navan common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What should you do next?

The deadline to seek appointment as lead plaintiff is April 24, 2026. A class has not yet been certified, and until a certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at [email protected], or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Navan, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at [email protected] or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, call (888) 256-2510 or email [email protected] with any questions.

This notice may constitute attorney advertising.

CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (888) 256-2510
Email: [email protected]

HomeIndustriesHealth CareEarnings ResultsEarnings ResultsThe wellness platform’s results arrived amid heightened legal and regulatory scrutiny over its weight-loss-drug businessPublished: Feb. 23, 2026 at 7:44 p.m. ET

Shares of Hims & Hers fell after hours on Monday after the wellness platform’s first-quarter profit forecast missed expectations, pressured by the money it spent on a Super Bowl ad and planned investments in new technology and products.

Hims & Hers’ stock HIMS stock was down as much as 8.8% in extended trading Monday, after closing the day’s session down 0.8%.

Bed Bath & Beyond, Inc. (BBBY) Q4 2025 Earnings Call Transcript

Vancouver, British Columbia, February 23, 2026 – TheNewswire - Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL) (OTCQB: BERLF) (FSE: GB2) is pleased to provide the following update on the Company’s activities.

DRILL PROGRAM

Rockland continues to drill in at its 100% owned Cole Gold Mines project in the Red lake Mining District, Ontario. The program is now on hole 12 with the first 5 drilled holes in at the lab now and results expected in the near future.

FINANCING CLOSING

Rockland announces that it has closed the non-brokered private placements announced February 9, 2026.

The Company issued 1.375 million hard dollar units (the "Units") at a price of $0.20 per Unit for aggregate gross proceeds of $275,000. Each Unit is comprised of one common share ("Share") and one transferable Share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the Subscriber to purchase one Warrant Share for a 24-month period after the Closing Date at an exercise price of $0.275 per share. Net proceeds of the Financing will be used to advance the Corporation's Cole Gold Mines project in Red Lake, Ontario and for general working capital purposes.

The Company further announces it has closed the non-brokered private placement of 1,000,000 flow-through shares at a price of $0.25 per FT Share (the "FT Offering"), for aggregate gross proceeds of up to $250,000. Each flow-through unit is comprised of one common share of the company issued on a flow-through basis and one-half of one common share purchase warrant issued on a non-flow-through basis. Each whole warrant shall entitle the holder thereof to acquire one common share of RKL at a price of $0.35 for a period of 24 months following the closing of the offering. The flow-through shares will qualify as flow-through shares (within the meaning of Subsection 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec).  

The FT shares will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada). The proceeds from the sale of the FT Units will be used to advance the Company's Cole Gold Mines project in Red Lake.

Shares issued pursuant to the Financing will be subject to a four-month hold period according to applicable securities laws of Canada.

ACQUISITION

Rockland is pleased to announce the signing of an option to acquire a 100% interest in the Twin Break project located in the Red lake Mining District, Ontario. Twin Break is a patented, high-grade–backed opportunity on McKenzie Island in the Red Lake gold district, where Rockland can quickly define drill-ready targets and systematically pursue meaningful upside along a deep, gold-bearing corridor.

Property highlights

Patented land package on McKenzie Island in the Red Lake gold district, providing secure tenure over a proven gold-bearing setting. 

Documented high-grade gold at surface, including 122.5 g/t Au over 0.5 m and a 161.1 g/t Au grab sample with visible gold. 

Drill-supported gold mineralization, highlighted by intercepts including 60.3 g/t Au over 0.69 m, confirming continuity beyond surface showings. 

District-scale structural upside, with the Bishop’s Break structure reported to extend to 1,103 m depth and an identified parallel “Bishop’s Break–style” system, creating multiple priority targets for follow-up work. 

CEO Mike England commented “Corridor-scale systems like Red Lake and Campbell have delivered stacked deposits. Twin Break is centered on a deep, continuous break with a parallel trend, backed by high-grade surface results and drilling, leaving clear room for repeat discoveries.”

Terms of the agreement for a 100% interest call for the issuance of 250,000 shares on approval and a further payment of 500,000 shares on the 12-month anniversary of the effective date. An existing NSR of 3.0% is applicable with 1.5% available for purchase at any time for $1,000,000.

Rockland’s disclosure of a technical or scientific nature in this news release were reviewed and approved by Donald Hoy, M. Sc., P. Geo., who serves as the Qualified Person under the definition of National Instrument 43-101.

About Rockland Resources Ltd.

Rockland Resources is committed to unlocking value through focused mineral exploration and discovery. The company's flagship project is the historic Cole Gold Mines project in the prolific Red Lake district of Ontario. By leveraging geological expertise, disciplined exploration and strategic project development, Rockland Resources aims to deliver meaningful growth and long-term value to its shareholders.

On Behalf of the Board of Directors

Michael England, CEO & Director

For further information, please contact:

Mike England
Email:  [email protected]

  Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

DMC Global Inc. (BOOM) Q4 2025 Earnings Call Transcript

-

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP continues its investigation on behalf of Ralliant Corporation (“Ralliant” or the “Company”) (NYSE:RAL) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On February 4, 2026, Ralliant reported fourth quarter and full year 2025 results, revealing a “$1.4 billion non-cash goodwill impairment charge recorded in the Test & Measurement segment, mainly driven by revised expectations for the EA Elektro-Automatik business.” On this news, the price of Ralliant shares declined $17.89 share, or approximately 31.8%, from $56.28 per share on February 4, 2026 to close at $38.39 on February 4, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Ralliant securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

More News From Kirby McInerney LLP

Back to Newsroom

By PYMNTS  |  February 23, 2026

 | 

PayPal Holdings has met with banks at a time when it is seeing unsolicited interest from would-be buyers, Bloomberg reported Monday (Feb. 23), citing unnamed sources.

The company is drawing takeover interest after its shares slid about 46% over the past year, according to the report.

At least one large company is considering buying the whole company, while others are looking at select assets, the report said.

The potential buyers are in the early stages of consideration, and the company may not change hands, per the report.

Reached by PYMNTS, PayPal declined to comment on the report.

According to the Bloomberg report, PayPal shares rose as much as 9.7% Monday after news of buyer interest was published.

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PayPal announced Feb. 3, during the company’s fourth quarter earnings call, that it was making a CEO change.

The firm said it named Enrique Lores to lead the next phase of its strategy, replacing Alex Chriss as the board presses for faster execution in a more crowded payments market.

Lores is set to become president and CEO on March 1. PayPal Chief Financial and Operating Officer Jamie Miller is serving as interim CEO until that time.

Lores has served on PayPal’s board for nearly five years and has been board chair since July 2024. He has served for more than six years as president and CEO of HP, where he led a shift beyond PCs and printing, and helped build on the separation of Hewlett Packard Enterprise and HP.

During the Feb. 3 earnings call, Miller said that PayPal realized its “execution has not been what it needs to be.”

“We have not moved fast enough or with the level of focus required, and we are taking immediate steps to address that reality,” Miller said.

PYMNTS CEO Karen Webster wrote at the time in a post on LinkedIn that the CEO change did not come as a surprise because PayPal’s market cap remained where it was a decade ago and its place as the default checkout button on the web has diminished.

“The big question now is why Lores and why now,” Webster wrote. “A look at his resume might hold some clues. He led the separation of HP into two business units in 2014. Could that be PayPal’s next move?”

EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103

VANCOUVER, BC / ACCESS Newswire / February 23, 2026 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSXV:SPN)(OTC PINK:SNIPF), a Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector, is pleased to announce that it has completed its previously announced non-brokered private placement offering (the "Offering") of senior secured convertible debentures (the "Debentures") for aggregate gross proceeds of C$4,500,000 from a lead group of strategic investors (the "Strategic Investors"), which includes insider participation. The net proceeds of the Offering will be used to support the Company's growth initiatives and for general working capital purposes. As previously announced on February 19, 2026, Shen Capital Partners Inc. ("Shen Capital" or the "Lead Investor"), through its affiliated entities, participated as lead investor in connection with the Offering.

"We're pleased to welcome Shen Capital as a strategic sponsor. This investment reflects confidence in our platform and the opportunity set," said Atul Sabharwal, CEO of Snipp Interactive Inc. "We look forward to working closely with Martin and the Shen Capital team as we continue to scale Snipp".

"Snipp has earned the trust of leading global brands with a strong enterprise platform, and we believe the Company is well positioned for its next phase of growth," said Martin Shen, General Partner at Shen Capital. "We're excited to support management as an active, long-term partner, bringing best-in-class software operating practices, product discipline, and scalable execution to help build a durable, category-leading business."

"The Company is also pleased to have the continued support of Lark Investments Inc., a long-standing shareholder of the Company, whose participation in this Offering reflects their ongoing confidence in Snipp's strategic direction and growth potential" said Atul Sabharwal, CEO of Snipp Interactive Inc.

The Offering is being conducted pursuant to applicable prospectus exemptions under Canadian securities laws and may include subscriptions from Canadian and U.S. accredited investors.

Terms of the Debentures: As previously announced, the Debentures bear interest at a rate of 3.45% per annum (calculated as simple interest) and mature on the date that is three (3) years from the date of issuance (the "Maturity Date"). Interest is payable quarterly; however, the first four quarterly interest payments are deferred and payable in a lump sum on the 12-month anniversary of the closing date.

The Debentures are secured by a first-ranking security interest in all present and after-acquired property of the Company and are guaranteed by its material subsidiaries, Snipp Interactive Inc. (Delaware) and Snipp Interactive Limited (Ireland).

Conversion Terms: As previously announced, the principal amount of the Debentures is convertible, at the option of the holder, into units of the Company ("Units") at a conversion price (the "Conversion Price") equal to: (a) until February 23, 2027, at $0.08 per Unit, (b) at any time after February 23, 2027 at $0.10 per Unit, or (c) from and after the effective date of the Company completing the Consolidation (as defined below), the Conversion Price shall be adjusted by multiplying $0.08, by a fraction: (i) the numerator of which shall be the number of outstanding common shares of the Company ("Common Shares") prior to the Consolidation; (ii) the denominator of which shall be the number of outstanding Common Shares after the Consolidation; and (iii) from and after the effective date of the Consolidation, then the number of Units issuable upon the conversion of the Debenture shall be simultaneously adjusted by multiplying the number of Units issuable upon the conversion of the Debenture in effect immediately prior to the Consolidation by a fraction which shall be the reciprocal of the fraction employed in the adjustment of the Conversion Price in clause (c); and as may be further adjusted from time to time pursuant to the terms of the Debenture.

Each Unit consists of one (1) Common Share and one (1) Common Share purchase warrant (a "Warrant").

Warrant Terms: As previously announced, each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.12 per Common Share for a period of 60 months from the date of issuance of the Debentures.

Forced Conversion and Acceleration: As previously announced:

Debentures: Commencing 12 months after the closing date, if the volume-weighted average trading price ("VWAP") of the Common Shares on the TSX Venture Exchange (the "TSX-V") equals or exceeds $0.20 for 30 consecutive trading days, the Company may force the conversion of the outstanding principal amount into Units.

Warrants: Commencing 9 months after the issuance of such warrants, if the VWAP of the Common Shares on the TSX-V equals or exceeds $0.25 for 30 consecutive trading days, the Company may accelerate the expiry date of the Warrants to a date that is 30 days following notice to the holders, provided that any such acceleration shall be nullified in the event that the closing price for the Common Shares on the TSX-V is less than $0.23 on any trading day during the notice period.

Strategic Investors: The Offering was led by Shen Capital which subscribed for $3,500,000 principal amount of the Debentures through its affiliated entities, Lark Investments Inc. ("Lark Investments") subscribed for $900,000 principal amount of the Debentures, and Atul Sabharwal, the Company's CEO and director, subscribed for $100,000 principal amount of the Debentures.

Early Warning Report - Shen Capital: Prior to the Offering, Shen Capital did not own any securities of the Company. The Debentures acquired by Shen Capital pursuant to the Offering are convertible or exercisable into an aggregate of 87,500,000 Common Shares (assuming the conversion in full of the Debentures and the exercise in full of the Warrants) representing approximately 23.3574% of the issued and outstanding Common Shares on a partially diluted basis, based on 374,613,829 Common Shares issued and outstanding (inclusive of the 87,500,000 Common Shares issued upon conversion or exercise of the Debentures and Warrants). As of the date hereof, the Company has 287,113,829 Common Shares issued and outstanding prior to the conversion or exercise of securities. For purposes of these figures, the calculations were based on the lowest Conversion Price, being $0.08 per share.

Shen Capital acquired the Debentures for investment purposes and may in the future participate in financings and/or acquire or dispose of securities of the Company in the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the early warning report will appear on the Company's profile on SEDAR+ and may also be obtained by calling: (416) 725-4633 (905-130 Bloor Street West, Toronto, Ontario M5S 1N5).

Early Warning Report - Lark Investments: Prior to the Offering, Lark Investments had beneficial ownership and control over 53,152,060 Common Shares, representing approximately 18.51% of the Company's issued and outstanding Common Shares at that time. The Debentures acquired by Lark Investments pursuant to the Offering are convertible or exercisable into an aggregate of 22,500,000 Common Shares (assuming the conversion in full of the Debentures and the exercise in full of the Warrants) representing approximately 24.4343% of the issued and outstanding Common Shares on a partially diluted basis, based on 309,613,829 Common Shares issued and outstanding (inclusive of the 22,500,000 Common Shares issued upon conversion or exercise of the Debentures and Warrants). As of the date hereof, the Company has 287,113,829 Common Shares issued and outstanding prior to the conversion or exercise of securities. For purposes of these figures, the calculations were based on the lowest Conversion Price, being $0.08 per share.

Lark Investments acquired the Debentures for investment purposes. Depending on market conditions and other factors, Lark Investments may from time to time acquire and/or dispose of securities of the Company or continue to hold its current position. A copy of the early warning report will appear on the Company's profile on SEDAR+.

Shareholder Approval of Control Persons: As a result of the Offering, upon the conversion of the Debentures and/or the exercise of the Warrants, each of Shen Capital and Lark Investments may become a "Control Person" of the Company (as defined in the policies of the TSX-V). As previously announced, the Company obtained disinterested shareholder approval for the creation of these two Control Persons at its Annual General & Special Meeting held on January 9, 2026 (the "Meeting").

Board Appointment: Pursuant to a side letter agreement with the Lead Investor, the Company is pleased to announce the appointment of Mr. Martin Shen to its Board of Directors, effective as of the closing date of the Offering. Mr. Shen is the Co-Founder and General Partner of Shen Capital.

Share Consolidation: The Company has agreed to implement a consolidation (reverse split) of its Common Shares on the basis of at least one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation") within 12 months of the closing date, subject to TSX-V approval. Shareholders approved the proposed Consolidation at the Meeting.

Related Party Transaction: The participation of Lark Investments, a current shareholder owning more than 10% of the Common Shares of the Company, and Atul Sabharwal, a director and officer of the Company (together, the "Related Parties"), in the Offering constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, specifically sections 5.5(a) and 5.7(1)(a), as the fair market value of the transaction, insofar as it involved the Related Parties, did not exceed 25% of the Company's market capitalization.

Regulatory Matters: The Offering has received conditional acceptance from the TSX-V and remains subject to final acceptance of the Exchange. All securities issued in connection with the Offering are subject to a statutory hold period of four months plus one day from the closing date under applicable Canadian securities laws. The Debentures, Common Shares and Warrants have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption.

About Snipp:
Snipp Interactive Inc. (TSXV:SPN)(OTC PINK:SNIPF) is a leading Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. Snipp's proprietary and modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of Fortune 500 clients and world-class agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that is invaluable in providing insights to drive sales. SnippCHECK, the Platform's Receipt Processing Module has established itself as an industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLOYALTY, the Platform's full scale modular loyalty engine allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippREWARDS, the Platform's modular catalogue of digital and physical rewards provides clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWIN, the Platform's gaming module solves for the implementation and compliance difficulties of offering games of chance and skill on a global basis and allows for the global deployment and administration of legally compliant games of chance and skill. For more information, visit Snipp's website at www.snipp.com and its profile on SEDAR+ at www.sedarplus.ca.

Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. Snipp is publicly listed on the TSX Venture Exchange in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.

FOR FURTHER INFORMATION PLEASE CONTACT:

Snipp Interactive Inc.
Malcolm Davidson
Chief Financial Officer (Interim)
[email protected]
1-888-99-SNIPP

SOURCE: Snipp Interactive Inc.

Representation of cryptocurrencies are seen in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

SummaryCompaniesUSD1 stablecoin briefly dipped below $1 benchmark, quickly recoveredWorld Liberty Financial says it repelled coordinated 'attack'BOSTON, Feb 23 (Reuters) - The Trump family-backed crypto stablecoin, USD1, briefly dipped below its $1 benchmark price on Monday, to around $0.994, but quickly recovered.

A spokesman for World Liberty Financial, for which USD1 is a signature product, said in a statement to Reuters its engineering and security teams had “successfully repelled a coordinated attack.”

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World Liberty, which was co-founded in 2024 by President Donald Trump, his three sons and a group of partners, added in a post on X.com that the X accounts of its co-founders were accessed without authorization. It did not name which ones. There was no hack of the digital contracts and wallets behind WLFI or USD1, the post added.

“Zero smart contracts were affected. All USD1 funds remain completely safe, secure, and fully backed. Our infrastructure and team operated exactly as designed,” the post said, opens new tab.

Like other stablecoins, USD1 is backed by reserves of U.S. dollars and cash-like securities so that its market price stays close to the benchmark of $1. Some deviation is normal, but more abrupt declines, even if small, are closely watched.

USD1 was last trading at $0.9994, within its historical range. It is the fifth largest stablecoin by market cap, according to crypto industry tracker CoinGecko.com.

Reporting by Lawrence Delevingne in Boston, Editing by Tom Lasseter and Stephen Coates

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Delevingne works primarily on enterprise stories related to finance. He joined Reuters in 2015 and previously reported for CNBC.com and Absolute Return. Delevingne is a graduate of Columbia’s Graduate School of Journalism and Georgetown’s School of Foreign Service.