Market Signal Briefing

TL;DR

Governance Clash: Aave Labs escalated a brand‑rights proposal to Snapshot, sparking accusations of unilateral overreach.
Revenue Dispute: Critics allege CowSwap integration diverted $10M annually from the DAO, fueling decentralization concerns.
Market Fallout: AAVE price dropped over 10% to $159.86, reflecting shaken confidence amid governance turmoil.

The Aave ecosystem is facing one of its most turbulent governance episodes yet, as disputes over brand‑asset ownership and revenue allocation collide with a sharp market downturn. Aave Labs’ decision to escalate a token alignment proposal to a Snapshot vote has triggered accusations of overreach, while revelations about redirected swap fees have intensified scrutiny. The controversy has already weighed heavily on AAVE’s price, which fell more than 10% in 24 hours, underscoring the stakes of the ongoing governance crisis.

The recent DAO alignment proposal has been moved to Snapshot after extensive discussion. We realize the community is very interested in a path forward and is ready to make a decision.

Time for tokenholders to weigh in and vote.https://t.co/QwoPeglhmU

— Stani.eth (@StaniKulechov) December 22, 2025

Governance Rift Deepens
Aave Labs advanced the “ARFC $AAVE token alignment Phase 1 – Ownership” proposal to Snapshot, aiming to give token holders control over domains, social handles, naming rights, and other brand assets. Founder Stani Kulechov framed the move as a step toward clarity after extensive discussion. Yet critics, including proposal author Ernesto Boado, condemned the escalation as unilateral and “disgraceful,” arguing it bypassed community debate. Delegates such as Marc Zeller warned that the timing, coinciding with the holiday period, undermines legitimacy and risks alienating large holders.

We acknowledge @aave unilaterally escalated the proposal to Snapshot without resolving discussion, without clear consensus, and without consent from @eboadom

We’ve posted our position in response to this unprecedented interference in the DAO governance process.

Worst outcome… https://t.co/80kEpYjikP pic.twitter.com/860GUfavvL

— Marc ”七十 Billy” Zeller (@Marczeller) December 22, 2025

Revenue Controversy Fuels Anger
Parallel to governance tensions, allegations surfaced that Aave Labs redirected millions in swap fees from the DAO treasury. The integration of CowSwap, replacing ParaSwap, allegedly diverted up to $10M annually away from token holders. An Orbit delegate noted ParaSwap had generated about $200,000 weekly for the DAO. Critics argue this undermines decentralization, while Aave Labs insists frontend revenue is voluntary and distinct from protocol earnings. The dispute has amplified calls for stricter oversight of founder influence.

CEO Opposition and Escalation
Despite initiating the Snapshot vote, Kulechov himself declared he would vote “no,” insisting a structured process was needed rather than a binary decision. His stance further inflamed critics, who accused him of interfering in DAO governance. Zeller labeled the move sabotage, claiming the December 26 deadline was deliberately set during low participation. Supporters countered that monetizing brand assets is a pragmatic incentive for continued platform development, highlighting deep divisions within the community.

Market Impact and Outlook
The governance turmoil has already hit AAVE’s market performance, with the token sliding to $158, down over 10% in a day. For many, the price drop reflects shaken confidence in decentralized governance and the balance of power between token holders and Aave Labs. As voting concludes, the outcome will not only determine control of brand assets but also signal whether the DAO can resolve disputes without eroding trust in its long‑term vision.

The largest Bitcoin-owning company in Japan, Metaplanet, has approved a restructuring of its capital structure, enabling fundraising through dividend-paying preferred shares for institutional investors.

Investors approved five initiatives to bolster the firm’s preferred-share issuance authority, create new dividend arrangements, and permit participation from overseas institutions, according to Dylan LeClair, the company’s Bitcoin strategy director.

The approved actions include reallocating capital reserves to facilitate dividend payments and buybacks on preferred shares, as well as increasing the authorized number of Class A and B preferred shares from 277.5 million shares to 555 million shares for each class.

The firm’s investors also agreed to amend the dividend structures to allow for floating and periodic payouts, mainly to maintain price stability. Additionally, the company was authorized to sell Class B preferred shares to overseas institutional investors and amend them to a quarterly dividend structure.

Metaplanet will introduce the Metaplanet Adjustable Rate Security structure 
With the new approvals, Metaplanet is shifting its focus from pure dilution-based growth to a conventional market framework that integrates income-producing securities with a Bitcoin-oriented balance sheet. Its preferred equity will now allow institutions to gain exposure to Bitcoin holdings similar to how institutions operate.

The Class A preferred shares amendment, meanwhile, creates a monthly floating-rate dividend structure — the “Metaplanet Adjustable Rate Security” — which ensures steady income designed to meet institutional needs.

Moreover, Class B preferred shares will now carry quarterly dividends, a 10-year call at 130% of face value, and an investor put option if the company fails to go public within 12 months. That means the firm will repurchase shares at a premium after 10 years, while investors have the right to exit if no IPO takes place within a year.

Such provisions are common in private credit and structured equity markets, protecting long-term capital. 

The proposal also allows for the issuance of Class B preferred shares to foreign investors. By catering to international institutional investors, the company will enable access to Bitcoin exposure without the need to hold spot BTC or volatile equity.

Metaplanet is expanding to the US market, following the establishment of its Miami subsidiary
Metaplanet ranks as one of the most closely followed Bitcoin-focused public companies in Asia and is frequently compared with U.S. corporate Bitcoin treasury approaches, even under Japan’s regulations. Primarily, the firm’s model highlights how non-U.S. businesses adjust Bitcoin strategies to fit local regulations while attracting global investors.

The company even stated on Friday that it will start trading in the U.S. over-the-counter market using American Depositary Receipts (ADRs), following the creation of its Miami subsidiary earlier this year.

Managed by Simon Gerovich, Dylan LeClair, and Darren Winia, the unit specializes in Bitcoin income and derivatives trading, structurally separating revenue-generating activities from the company’s primary BTC assets.

The firm had budgeted about $15 million for its initial development. Around the same time, the company also established a unit in Japan, Bitcoin Japan Inc., to boost its domestic Bitcoin operations. The site manages media, including Bitcoin Magazine, events, and the recently acquired Bitcoin.jp domain.

Currently, the firm’s Bitcoin stash stands at 30,823 BTC, worth approximately $2.75 billion, making it Asia’s largest corporate holder and the fourth-largest worldwide, according to Bitcoin Treasuries.

Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

Journalist

Posted: December 22, 2025

It looks like the liquidity base for a 2026 bull run is already taking shape.

In Q4, the Federal Reserve added sizable liquidity through Treasury purchases, rate cuts, and repo operations. Building on that, the recent $6.8 billion liquidity injection is now flowing through the system.

Historically, similar liquidity moves have supported Bitcoin [BTC] rallies.

Flashback to 2020–21, aggressive Fed easing coincided with BTC’s rally, with price moving from $5k in late-2020 to $68k by the end of Q1 2021.

Source: TradingView (BTC/USDT)

However, that rally wasn’t driven by the Fed alone.

At the same time, liquidity easing across Japan, the EU, and China also helped lift global risk appetite. In fact, during the 2020 crisis, roughly $8 trillion was added collectively to these economies’ balance sheets.

In this context, the current week is critical for Bitcoin.

On the one hand, Japan is seeing liquidity tightening. On the other, markets are awaiting China’s M2 money supply data, making this another key liquidity window for BTC.

Given this setup, it’s not surprising to see BTC chop sideways, even after the $6.8 billion injection. Ultimately, the question is whether this setup sets the stage for a 2026 run or pushes BTC deeper into a volatility loop.

Bitcoin reacts to liquidity, but the setup stays risky
Notably, this liquidity injection is landing at a volatile moment for markets.

From a macro standpoint, volatility isn’t going away anytime soon. Bitcoin is heading into a data-heavy week, with inflation, jobs, and GDP all in focus. Still, BTC’s technical structure offers some support.

Zooming in, the daily chart started to lean bullish. BTC has posted four back-to-back green candles, each closing at a higher high.

In short, price action suggested the market was beginning to respond to the liquidity boost.

Source: TradingView (BTC/USDT)

From a trader’s perspective, going fully long here can make sense.

However, with sentiment stuck in fear, key macro data set to pressure BTC levels, ETF flows still negative, and U.S. investors largely on the sidelines, this setup starts to feel more like a bull trap than a clean breakout.

In that light, the recent liquidity boost isn’t playing out the usual Bitcoin playbook. Instead, with speculative positioning building against weak risk appetite, BTC could retest, or break, key support levels this week.

Final Thoughts

Recent Fed injections and global liquidity measures support BTC, yet data releases, tightening in Japan, and cautious investor sentiment keep markets volatile.
BTC shows bullish signs on the daily chart, but macro pressure suggests the setup could be a bull trap rather than a clean breakout.

Ritika Gupta is a Financial Journalist and Geopolitical Analyst at AMBCrypto, specializing in the critical intersection of world politics, economic policy, and the cryptocurrency markets. Her analysis is informed by her distinguished background, which includes professional experience at major news network.
She holds a Bachelor's degree in Political Science and Psychology from Gargi College, University of Delhi. This academic training provides her with a sophisticated framework for dissecting complex issues such as international regulations, government fiscal policies, and the geopolitical forces that directly influence asset valuations.
At AMBCrypto, Ritika applies this expert lens to synthesize macroeconomic data and political developments, offering readers a deeper context for market movements. She excels at explaining not just what is happening in the market, but why it is happening. Her work is dedicated to providing strategic insights that empower readers to understand the complex relationship between global events and their digital assets.

Litecoin’s record growth, Layer-2 smart contracts, and first U.S. ETF mark a major evolution for the decade-old blockchain.

Market Sentiment:

Bullish

Bearish

Neutral

Published:
December 22, 2025 │ 11:00 AM GMT

Created by Gabor Kovacs from DailyCoin

Litecoin (LTC), one of the oldest proof-of-work blockchains, is evolving beyond its traditional role as a digital payment network, signaling a new phase in its history. 

In 2025, the network saw record transaction growth, increased institutional participation, and the emergence of Layer-2 infrastructure that allows for Ethereum-style smart contracts and cross-chain applications.

Sponsored

“2025 proved that the market is ready for a more capable Litecoin,” says Charlie Lee, creator of

Litecoin. “ 2026 will mark the beginning of that new era.”

Network Hits Record Transactions and Security LevelsLitecoin’s network activity reached new highs in 2025. According to blockchain venture studio Lunar Digital Assets, the blockchain surpassed 360 million lifetime transactions, adding over 60 million transactions within the year alone. 

The network also recorded significant hashrate growth, reinforcing its security as a decentralized proof-of-work blockchain.

Analysts say this combination of high throughput and robust security provides the foundation for advanced applications, including decentralized finance (DeFi) and tokenized real-world assets (RWAs).

Institutions Take Notice2025 also marked a turning point for institutional engagement.  Publicly traded companies, including Luxxfolio and MEI Pharma, reportedly allocated portions of their treasury to Litecoin, citing its long-term security, regulatory clarity, and operational stability.

Regulatory milestones further reinforced confidence. In October 2025, Canary Capital launched the first U.S. spot Litecoin exchange-traded fund (ETF), elevating Litecoin’s profile within regulated markets. 

Unlike Bitcoin’s early ETF attempts or ongoing debates over Ethereum’s staking and securities classification, Litecoin’s proof-of-work design offers a simpler, more predictable regulatory framework.

New Layer-2 Unlocks Smart ContractsTechnical innovation is a central driver of Litecoin’s evolution. LitVM, the network’s first EVM-compatible Layer-2 solution, is scheduled to launch its testnet in the first quarter of 2026. 

The rollout is expected to give developers the ability to deploy smart contracts, experiment with zero-knowledge applications, and test scalable rollup-based architectures, which could create new economic opportunities within the Litecoin ecosystem.

Built using Polygon CDK and BitcoinOS technologies, LitVM aims to bridge Litecoin’s base layer with EVM smart contract functionality, zero-knowledge rollups, and cross-chain liquidity.

“As we move into 2026 and open the testnet to builders, we expect developers, enterprises, and financial institutions to unlock use cases that were never before possible on Litecoin’s base layer,” says Lunar Digital Assets CEO Roc Zacharias.

LitVM is expected to enable developers to deploy DeFi applications, experiment with RWAs, and create interoperable, scalable solutions across multiple blockchain networks.

Experts note that Litecoin’s stability and regulatory clarity differentiate it from other legacy networks, potentially making it a foundation for new financial and Web3 services.

Why This MattersThe milestones reached in 2025 suggest Litecoin may be entering a new chapter, evolving from a simple payment network into a programmable blockchain that could support a wider range of financial and decentralized applications.

Stay in the loop with DailyCoin’s popular crypto news:
$89K Bitcoin Stalls as Big Buyers Step Back
XRP As Retirement Plan? Here’s How’s It Works

People Also Ask:What is Litecoin, and how is it different from Bitcoin?

Litecoin (LTC) is one of the oldest proof-of-work blockchains. While similar to Bitcoin in security and structure, Litecoin has faster block times and lower transaction fees, historically making it a preferred digital payment network.

What happened with Litecoin in 2025?

In 2025, Litecoin reached record transaction growth, gained more institutional adoption, and began enabling Layer-2 applications, allowing it to expand beyond simple payments into programmable blockchain use cases.

What is a Layer-2 solution like LitVM?

Layer-2 solutions are additional networks built on top of a blockchain to improve scalability, efficiency, and functionality. LitVM, Litecoin’s first EVM-compatible Layer-2, allows Ethereum-style smart contracts, zero-knowledge applications, and cross-chain transactions.

What is proof-of-work (PoW)?

Proof-of-work is a consensus mechanism that secures blockchains through computational effort. Litecoin’s PoW design ensures security, decentralization, and predictability, making it attractive to both developers and institutional investors.

What are zero-knowledge rollups?

Zero-knowledge rollups are a blockchain scaling and privacy technology. They allow many transactions to be processed off-chain while still being verifiable on-chain, increasing speed and efficiency.

DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

0% Neutral

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Expectations around XRP reaching the $100 price level have circulated within the crypto industry in the past few months, often resurfacing during periods of strong bullish momentum. As 2025 draws to a close, those expectations are facing reevaluations. 

Despite intermittent rallies during the year and strong conviction among long-term holders, XRP is currently trading far from triple-digit territory. This gap between optimism and market reality has pushed some voices within the XRP community to reassess timelines to reach such a valuation.

Zach Rector Pushes The $100 XRP Perspective To 2030
One of the most notable revisions comes from Zach Rector, a longtime XRP supporter who has openly adjusted his outlook. In a recent post on the social media platform X, Rector stated plainly that his expectation for XRP to reach $100 now sits around the year 2030. This position is a clear review of chatter from many XRP enthusiasts that envisions a $100 XRP as an imminent outcome within the current cycle.

Rector had already begun tempering expectations as far back as early November, when he acknowledged that XRP was unlikely to reach $100 before the end of the year. At the time, he noted that meaningful price appreciation was still possible, even if the most extreme targets are out of reach. At the time, he noted that saying XRP isn’t going to $100 this year feels like telling a kid Santa isn’t real.

Why $100 In 2025 Has Become Increasingly Unlikely
The idea of XRP reaching $100 within a single market cycle faces mathematical and liquidity constraints. At current supply levels of 60 billion XRP, such a price would imply a market capitalization deep into the multi-trillion-dollar range, putting XRP among the most valuable assets in the global financial system. As the year winds down, there is little evidence of the scale of capital inflows required to support that kind of valuation in the near term.

Although bullish sentiment is strong in parts of the XRP community, market conditions have not aligned with the aggressive assumptions. Therefore, a 2025 timeline for $100 XRP has moved from ambitious to implausible, even for optimistic analysts.

Rector has previously attempted to ground the $100 discussion in simple market principles. In a post shared earlier this year, he outlined the scale of inflows required to drive XRP to major price milestones using conservative market cap multipliers. 

According to his estimates, reaching $100 would require between $11 billion and $58 billion in net inflows, assuming a 100x market cap multiplier. Higher targets, such as $1,000, would demand inflows between $118 billion and $589 billion.

Therefore, the $100 target is achievable towards the end of the decade, though not without sustained institutional participation and inflows into Spot XRP ETFs.

Price holds in tight range | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com

13h05 ▪
6
min read ▪ by
James G.

Summarize this article with:

Memecoin trading on Solana is under new legal scrutiny after investors accused several crypto firms of operating an unfair trading system. A federal lawsuit alleges private messages show coordination between blockchain engineers and a popular memecoin platform, putting retail traders at a disadvantage. A judge has allowed the case to proceed with expanded claims.

In brief

Investors allege Solana, Pump.fun, and Jito firms gave insiders faster access to memecoin trades through priority transaction tools.
More than 5,000 private messages are cited as evidence of coordination during Pump.fun’s development phase.
A federal judge approved an amended complaint, giving plaintiffs until January 7 to submit new claims.
Lawsuit seeks damages, licensing requirements, and forfeiture of gains tied to alleged unfair memecoin trading practices.

Filing Points to Internal Messages in Solana Memecoin Case
The lawsuit was filed earlier this year by memecoin investor Michael Okafor and other plaintiffs. Defendants include executives linked to Solana Labs, the Solana Foundation, Jito Labs, the Jito Foundation, and Pump.fun. Investors claim the groups worked together to design a system that favored insiders while marketing it as fair to everyday users.

Plaintiffs compare the setup to a casino where outcomes were tilted before bets were placed. According to the complaint, insiders had access to tools that allowed them to trade faster than regular users, giving them an edge in newly launched tokens.

Several defendants asked the court in September to dismiss the case, arguing the claims lacked detail. Before the judge ruled, however, Okafor’s legal team presented new evidence. The material includes more than 5,000 private messages from a confidential source that allegedly show Solana Labs and Pump.fun engineers discussing technical decisions during the platform’s development.

Judge Sets January Deadline for Updated Solana Memecoin Filing
Okafor’s attorney, Max Burwick, said an early review of the messages showed direct discussions about software integration and transaction handling. He said the conversations took place as Pump.fun was growing rapidly and processing heavy trading volumes.

On December 11, Judge Colleen McMahon approved a request to file an amended complaint that includes the new material. Plaintiffs have until January 7 to submit the updated filing.

Defense lawyers tied to Solana-linked companies have said the lawsuit is unlikely to succeed. They argue the allegations rely on broad accusations rather than proof of illegal activity. Still, the court’s decision to allow amendments marks a key step in the case.

Burwick also said he received violent threats after sharing updates about the lawsuit on social media. He said the messages would not affect his work. No further details were provided.

Lawsuit Targets Pump.fun, Jito Over Alleged Insider Trading Advantages
At the center of the dispute is Pump.fun, a platform used to launch and trade memecoins on Solana. Investors claim it operated as part of a coordinated scheme involving other Solana-linked firms. The lawsuit compares Solana to a casino floor, Pump.fun to a slot machine, and Jito’s software to the system that decides who trades first.

According to the complaint, Jito’s transaction tools allowed some traders to pay extra fees, or “tips,” to move ahead in the transaction queue. That system allegedly allowed insiders to buy large amounts of new tokens before retail users could participate.

Lawyers say the alleged scheme worked in several ways:

Token creators and select traders received faster access to transactions.
Jito software allowed priority execution for users who paid higher fees.
Pump.fun promoted token launches as fair while insiders used advanced tools.
Retail traders saw the same interface but lacked speed advantages.
Insiders captured profits while many retail users suffered losses.

Pump.fun maintained that the platform promoted “fair launches,” “no presales,” and protection against rug pulls. Investors argue that those claims did not reflect how the platform actually operated. Tutorials allegedly encouraged token creators to buy their own tokens early using priority tools.

The lawsuit describes the memecoin market as “extractive” and calls the system a “rigged slot machine.” Plaintiffs estimate that up to 60% of users lost money, with total losses possibly exceeding $4 billion.

Legal Challenge Questions Fairness of Solana Memecoin Trading
Legal filings also question why Pump.fun would benefit from a system that drives users away. Plaintiffs argue that the constant creation of new memecoins kept trading activity high despite losses. Even after a sharp drop since January, Pump.fun still records nearly $50 million in daily trading volume, according to DefiLlama data.

Other firms also benefited from the activity, according to the lawsuit. Many transactions passed through Jito’s software, generating fees. Heavy use of the Solana blockchain increased demand for SOL, pushing up its price during peak periods. Plaintiffs say those price gains benefited Solana-linked groups while retail traders faced unequal conditions.

Beyond damages, the lawsuit seeks strong court action. Plaintiffs want the companies placed into receivership unless they obtain gambling and money transmitter licenses. Additionally, the case seeks customer verification requirements, anti-money laundering controls, and forfeiture of gains tied to the alleged scheme, including gains linked to SOL’s price.

Defendants continue to deny wrongdoing on their part. In earlier court filings, Pump.fun, Jito Labs, and the Solana Foundation said the lawsuit is an attempt by losing traders to shift blame. Statements about fairness and safety, they argued, were general marketing language and not enforceable promises.

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James G.

James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

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SummaryDelek Logistics Partners LP remains resilient amid oil price volatility, supported by third-party client growth and enhanced operational efficiency.DKL's fundamentals are robust: operating margin improved to 17.5%, revenues rose 22% YoY, and cost sensitivity decreased despite inflationary headwinds.Attractive valuation persists with a target price of $74.02–$77.91, underpinned by high distribution yields and sustainable liquidity.I reiterate a buy rating on DKL, as technicals signal wide buying room despite weak momentum and cautious market sentiment. Huyangshu/iStock via Getty Images

It’s been three months since my previous coverage of Delek Logistics Partners, LP (DKL). Its value has remained flat despite my bullish outlook. Yet, I perfectly understand the cautious response of the market considering the

Analyst’s Disclosure:I/we have a beneficial long position in the shares of DKL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Investor focus on artificial intelligence (AI), semiconductors, and digital infrastructure shaped capital flows across technology markets in 2025, lifting a small group of specialized exchange-traded funds (ETFs) to the top of the performance tables.

Notably, analysis of performance indicates that the leading technology ETFs combine strong returns with targeted exposure to the fastest-growing areas of the sector. Below are the top five ETFs in this category.

Top 5 technology ETFs of 2025. Source: ETF Db
One of the clearest beneficiaries was the CoinShares Bitcoin Mining ETF (WGMI), which targets publicly listed companies involved in Bitcoin (BTC) mining and supporting infrastructure, including operators of large-scale computing facilities. 

Improving margins among miners, combined with the growing use of mining hardware for high-performance computing and AI workloads, helped drive strong investor interest. Over the year, the fund has climbed 68.95%, ending at $37.49, while assets under management reached roughly $207 million.

Artificial intelligence exposure beyond crypto-linked infrastructure also proved lucrative. In this case, the VistaShares Artificial Intelligence Supercycle ETF (AIS) tracks companies positioned to benefit from the long-term expansion of AI, spanning software developers, semiconductor firms, and data-center enablers. 

Sustained corporate spending on AI solutions and accelerating cloud adoption supported its holdings throughout the year. 

AIS closed at $35.99, a year-to-date gain of 50.91%, managing approximately $94.5 million in assets.

Strive U.S. Semiconductor ETF (SHOC) 
In the third spot, the Strive U.S. Semiconductor ETF (SHOC) focuses on U.S.-based chip designers, manufacturers, and equipment suppliers, capturing demand tied to artificial intelligence, data centers, and advanced computing. 

Notably, strong earnings growth across the sector and improved forward guidance reinforced confidence in the space. SHOC gained 44.50% in 2025 and last traded at $66.15.

First Trust Nasdaq Semiconductor ETF (FTXL)
Broader exposure to the chip industry was delivered by the First Trust Nasdaq Semiconductor ETF (FTXL), which tracks a Nasdaq-listed index of semiconductor companies. Large-cap chipmakers benefited from aggressive capital expenditure plans and persistent AI-driven demand, helping sustain momentum across the fund. 

As of press time, the ETF had rallied 43.86% YTD, closing at $125.12, with assets totaling about $1.25 billion.

Roundhill Generative AI & Technology ETF (CHAT)
Rounding out the group, the Roundhill Generative AI & Technology ETF (CHAT) targets companies directly involved in generative artificial intelligence and its enabling technologies, including software platforms, cloud providers, and specialized hardware firms. 

Rapid commercialization of generative AI across industries fueled strong inflows during the year. The fund ended the last session at $58.10, posting a 43.60% year-to-date increase and holding roughly $982.9 million in assets.

Collectively, the leading technology ETFs of 2025 reflected a convergence of themes rather than a single trend, with AI adoption, semiconductor demand, digital infrastructure investment, and renewed risk appetite all contributing to outsized gains.

Featured image via Shutterstock

MIDLOTHIAN, Texas--(BUSINESS WIRE)--Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the quarter ended November 30, 2025. Highlights include:

Revenues were $100.2 million for the quarter compared to $99.8 million for the same quarter last year, an increase of $0.4 million or 0.4%.

Earnings per diluted share for the current quarter were $0.42 compared to $0.39 for the comparative quarter last year.

Our gross profit margin for the quarter was 31.9% compared to 29.3% for the comparative quarter last year.

Financial Overview

The Company’s revenues for the quarter ended November 30, 2025 were $100.2 million compared to $99.8 million for the same quarter last year, an increase of $0.4 million, or 0.4%. Gross profits totaled $32.0 million for a gross profit margin of 31.9%, as compared to $29.2 million, or 29.3%, for the same quarter last year. Net earnings for the quarter were $10.8 million, or $0.42 per diluted share, as compared to $10.2 million, or $0.39 per diluted share for the same quarter last year.

The Company’s revenues for the nine-month period ended November 30, 2025 were $296.0 million compared to $301.9 million for the same period last year, a decrease of $5.9 million or 2.0%. Gross profit margin was $92.3 million, or 31.2%, as compared to $89.9 million, or 29.8% for the nine-month periods ended November 30, 2025 and 2024, respectively. Net earnings for the nine-month period ended November 30, 2025 were $33.8 million, or $1.31 per diluted share compared to $31.2 million, or $1.19 per diluted share for the same period last year.

Keith Walters, Chairman, Chief Executive Officer and President, commented by stating, “Our performance for the quarter met our expectations. Our sales increased and we achieved a gross margin of 31.9%, up nearly 260 basis points from 29.3% in the same period last year, and up 140 basis points from 30.5% in the prior quarter. We achieved an increase in gross profit margin as a percentage of sales, supported by continued operational efficiencies and the favorable margin profile of our recent acquisitions. EBITDA was $19.2 million, or 19.2% of sales. While this compares to $22.5. million, or 22.8% of sales, in the preceding quarter, those results benefited from a one-time $5.7 million judgment collection. Our EBITDA performance reflects continued year-over-year growth from the $18.2 million, or 18.2% of sales, reported in the same quarter last year.

“We completed the acquisition of CFC Print & Mail (CFC) at the end of the current quarter. CFC, based in Grand Prairie, Texas and founded in 2009, is a wholesale provider of business-document printing, mailing and commercial print solutions. The contribution from acquired businesses, including acquisitions completed in the current and prior year and reflecting partial-period results where applicable, was approximately $5.8 million in revenues for the quarter and $16.4 million in revenues for the nine-month period. Diluted earnings per share were positively impacted by $0.05 per diluted share for the quarter and positively impacted by $0.11 per diluted share for the nine-month period.

“In the previous quarters, we strategically used cash to increase inventory in response to the announced closure of the only domestic producer of carbonless paper. During the third quarter we successfully reduced inventory from $62.1 million to $60.8 million through the conversion of inventory to sales. As we transition to alternative sources of carbonless paper, we do not anticipate any supply disruptions.

“Year to date, we have repurchased approximately 793,000 shares of our company stock at various points during the year when market prices were attractive. On a weighted-average basis, these repurchases resulted in an estimated $0.02 increase in earnings per share. Had all repurchases occurred at the beginning of the year, the estimated impact would have been approximately $0.04 increase in earnings per share. The cumulative effect of year-to-date repurchase activity contributed approximately $0.01 to earnings per share in the current quarter. Any future share repurchases will be evaluated based on market conditions, capital allocation priorities, and other relevant factors.

"We maintain a strong balance sheet, with no debt and ample cash reserves. As noted last quarter, we expect cash flow to improve in the coming periods. With our inventory levels now enhanced, purchasing requirements are expected to decline over the next several quarters, supporting the rebuilding of our cash position. Our profitability and financial strength allows us to operate and pursue acquisitions without reliance on debt, while retaining access to credit for larger initiatives if needed. We remain focused on sustaining profitability and delivering returns to our shareholders."

Reconciliation Non-GAAP Measure

To provide important supplemental information to both management and investors regarding financial and business trends used in assessing its results of operations, from time to time the Company reports the non-GAAP financial measure of EBITDA (EBITDA is calculated as net earnings before interest expense, tax expense, depreciation, and amortization). The Company may also report adjusted gross profit margin, adjusted earnings and adjusted diluted earnings per share, each of which is a non-GAAP financial measure.

Management believes that these non-GAAP financial measures provide useful information to investors as a supplement to reported GAAP financial information. Management reviews these non-GAAP financial measures on a regular basis and uses them to evaluate and manage the performance of the Company’s operations. Other companies may calculate non-GAAP financial measures differently than the Company, which limits the usefulness of the Company’s non-GAAP measures for comparison with these other companies. While management believes the Company’s non-GAAP financial measures are useful in evaluating the Company, when this information is reported it should be considered as supplemental in nature and not as a substitute or an alternative for, or superior to, the related financial information prepared in accordance with GAAP. These measures should be evaluated only in conjunction with the Company’s comparable GAAP financial measures.

The following table reconciles EBITDA, a non-GAAP financial measure, for the three and nine-months ended November 30, 2025 and 2024 to the most comparable GAAP measure, net earnings (dollars in thousands).

Three months ended

Nine months ended

November 30,

November 30,

November 30,

November 30,

2025

2024

2025

2024

Net earnings

$

10,827

$

10,204

$

33,779

$

31,199

Income tax expense

4,107

3,871

12,812

11,834

Depreciation and amortization

4,289

4,079

12,782

12,509

EBITDA (non-GAAP)

$

19,223

$

18,154

$

59,373

$

55,542

% of sales

19.2

%

18.2

%

20.1

%

18.4

%

In Other News

On December 18, 2025 the Board of Directors declared a quarterly cash dividend of 25.0 cents per share on the Company’s common stock. The dividend is payable on February 5, 2026 to shareholders of record on January 8, 2026.

About Ennis

Founded in 1909, the Company is one of the largest private-label printed business product suppliers in the United States. Headquartered in Midlothian, Texas, Ennis has production and distribution facilities strategically located throughout the USA to serve the Company’s national network of distributors. Ennis manufactures and sells business forms, other printed business products, printed and electronic media, integrated forms and labels, presentation products, flex-o-graphic printing, advertising specialties, internal bank forms, plastic cards, secure and negotiable documents, specialty packaging, direct mail, envelopes, tags and labels and other custom products. For more information, visit www.ennis.com.

Safe Harbor under the Private Securities Litigation Reform Act of 1995

Certain statements that may be contained in this press release that are not historical facts are forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors that could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. The words “anticipate,” “preliminary,” “expect,” “believe,” “intend” and similar expressions identify forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for such forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause actual results and experience to differ materially from the anticipated results or other expectations expressed in such forward-looking statements. These statements are subject to numerous uncertainties, which include, but are not limited to, the erosion of demand for our printer business documents as the result of digital technologies, risk or uncertainties related to the completion and integration of acquisitions, and the limited number of available suppliers and variability in the prices of paper and other raw materials. Other important information regarding factors that may affect the Company’s future performance is included in the public reports that the Company files with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K for the fiscal year ending February 28, 2025. The Company does not undertake, and hereby disclaims, any duty or obligation to update or otherwise revise any forward-looking statements to reflect events or circumstances occurring after the date of this release, or to reflect the occurrence of unanticipated events, although its situation and circumstances may change in the future. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material.

Ennis, Inc.

Unaudited Condensed Consolidated Financial Information

(In thousands, except share and per share amounts)

Three months ended

Nine months ended

Condensed Consolidated Operating Results

November 30,

November 30,

November 30,

November 30,

2025

2024

2025

2024

Net sales

$

100,167

$

99,771

$

296,039

$

301,917

Cost of goods sold

68,215

70,522

203,757

211,985

Gross profit

31,952

29,249

92,282

89,932

Selling, general and administrative

16,990

16,341

51,656

50,068

(Gain) loss from disposal of assets

(19

)

(138

)

(19

)

(95

)

Income from operations

14,981

13,046

40,645

39,959

Other expense (income)

47

(1,029

)

(5,946

)

(3,074

)

Earnings before income taxes

14,934

14,075

46,591

43,033

Income tax expense

4,107

3,871

12,812

11,834

Net earnings

$

10,827

$

10,204

$

33,779

$

31,199

Weighted average common shares outstanding

Basic

25,439,979

26,013,892

25,708,846

26,028,596

Diluted

25,526,261

26,088,957

25,783,285

26,192,008

Earnings per share

Basic

$

0.43

$

0.39

$

1.31

$

1.20

Diluted

$

0.42

$

0.39

$

1.31

$

1.19

November 30,

February 28,

Condensed Consolidated Balance Sheet Information

2025

2025

Assets

Current assets

Cash

$

31,283

$

67,000

Short-term investments

—

5,475

Accounts receivable, net

35,307

37,037

Other receivables

1,577

1,716

Inventories, net

60,802

38,797

Prepaid expenses

3,611

2,715

Total Current Assets

132,580

152,740

Property, plant & equipment, net

57,424

52,586

Operating lease right-of-use assets, net

10,647

9,833

Goodwill and intangible assets, net

147,490

127,619

Other assets

6,115

6,157

Total Assets

$

354,256

$

348,935

Liabilities and Shareholders’ Equity

Current liabilities

Accounts payable

$

12,886

$

13,799

Accrued expenses

17,542

15,339

Current portion of operating lease liabilities

4,599

4,166

Total Current Liabilities

35,027

33,304

Other non-current liabilities

14,435

13,651

Total liabilities

49,462

46,955

Shareholders' equity

304,794

301,980

Total Liabilities and Shareholders' Equity

$

354,256

$

348,935

Nine months ended

November 30,

November 30,

Condensed Consolidated Cash Flow Information

2025

2024

Cash provided by operating activities

$

34,859

$

53,097

Cash provided by (used in) investing activities

(36,653

)

7,919

Cash used in financing activities

(33,923

)

(86,909

)

Change in cash

(35,717

)

(25,893

)

Cash at beginning of period

67,000

81,597

Cash at end of period

$

31,283

$

55,704

More News From Ennis, Inc.

Heineken N.V. reports the progress of transactions under its current
 share buyback programme

Amsterdam, 22 December 2025 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) hereby reports transaction details related to the first €750 million tranche of its €1.5 billion share buyback programme as communicated on 12 February 2025. 

From 15 December 2025 up to and including 19 December 2025 a total of 179,032 shares were repurchased on exchange at an average price of € 69.80. During the same period, 179,037 shares were repurchased from Heineken Holding N.V.

Up to and including 19 December 2025, a total of 9,631,970 shares were repurchased under the share buyback programme for a total consideration of € 685,816,997 (including shares repurchased from Heineken Holding N.V.).

Heineken N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.theheinekencompany.com/investors/share-information/share-buyback-programme

 EnquiriesMedia Investors   Christiaan Prins Tristan van Strien   Director of Global Communication Global Director of Investor Relations   Marlie Paauw Lennart Scholtus / Chris Steyn   Global Media Lead Investor Relations Manager / Senior Analyst   E-mail: [email protected] E-mail: [email protected]    Tel: +31-20-5239355 Tel: +31-20-5239590     Regulatory information

This press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.

Editorial information:
HEINEKEN is the world's pioneering beer company. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 85,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn and Instagram.

PR_SBB 2025_Weekly update_22-Dec-2025

HOUSTON, TEXAS / ACCESS Newswire / December 22, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. Today, the Company reports that part of the management team and several independent directors ("Team") purchased a combined 282,000 shares of the Company's Class A Common Stock on the open market in the past three weeks.

The Team is restricted from buying stock under black-out periods for significant blocks of time through-out the year. After a certain number of days have passed from the filing of our 10-Q, the black-out is lifted until certain rules resume the black-out.

During this period when the black-out restriction was lifted, the Team bought 282,000 shares of the Company's Class A Common Stock on the open market. A total of 1,561,000 shares were bought by the Team on the open market in 2025. These shares bring the combined total of over 5 million shares owned by the Team.

About EON Resources Inc.

EON is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in a diversified portfolio of long-life producing oil and natural gas properties and other energy holdings. EON's approach is to build an energy company through acquisition and through selective development of its properties. Class A Common Stock of EON trades on the NYSE American Stock Exchange under the symbol of "EONR" and the Company's public warrants trade under the symbol of "EONRWS". For more information on the Company, please visit the EON website.

About the Grayburg-Jackson Field Property

Our Grayburg-Jackson Field ("GJF") is located on the Northwest Shelf of the Permian Basin in Eddy County, New Mexico. The GJF comprises of 13,700 contiguous leasehold acres where the leasehold rights include the Seven Rivers, Queen, Grayburg and San Andres intervals that range from as shallow as 1,500 feet to 4,000 feet in depth. The December 2024 reserve report from our third-party engineer, Haas and Cobb Petroleum Consultants, LLC, estimates proven reserves of approximately 14.0 million barrels of oil and 2.8 billion cubic feet of natural gas. The mapped original-oil-in-place ("OOIP") is approximately 956 million barrels of oil. The Company has two production programs. The first is the existing waterflood recovery primarily in the Seven Rivers formation via the 550 wells already in place. The second is via a Farmout agreement in the San Andres formation where the recovery will primarily be under the horizontal drilling program that the Company expects to drill up to 90 new wells over the next several years. More information on the property can be located on the Grayburg-Jackson Field page of our website.

About the South Justis Field Property

The South Justis Field ("SJF") is a carbonate reservoir similar to the rest of the Permian, and is located in Lea County, New Mexico approximately 100 miles from the GJF. The SJF is comprised of 5,360 contiguous acres containing 208 total producing and injection wells with well spacing of 50 acres. The producing formations include the Glorietta, Blinebry, Tubb, Drinkard and Fusselman intervals that range from 5,000 feet to 7,000 feet in depth. The original-oil-in-place ("OOIP") is approximately 207 million barrels of oil. More information on the property can be located on the South Justis Field page of our website.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as "expects," "believes," "anticipates," "intends," "estimates," "seeks," "may," "might," "plan," "possible," "should" and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect the Company's management's current beliefs. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on EDGAR (see www.edgar-online.com) and with the Securities and Exchange Commission (see www.sec.gov). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Investor Relations

Michael J. Porter, President
PORTER, LEVAY & ROSE, INC.
[email protected]

SOURCE: EON Resources Inc.

Multi-year, multimillion-dollar agreement signed with top-ten SaaS and IT service management leader

December 22, 2025 06:00 ET

 | Source:

Radware Ltd.

MAHWAH, N.J., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced a significant new multi-year customer win with a leading global SaaS enterprise software company.

As part of the agreement, the customer has deployed Radware’s DefensePro® DDoS mitigation solution to protect its critical applications and infrastructure. Prior to selecting Radware, the company had been experiencing repeated DDoS attacks ranging from approximately 30 Gbps to more than 600 Gbps and required a solution capable of providing consistently fast and reliable mitigation.

In addition to addressing immediate threat mitigation needs, the organization sought a more “service provider–class” DDoS solution to overcome the scalability limitations of its previous vendor. Radware’s architecture, automation capabilities, and flexible deployment options were key differentiators in the decision.

“Our new customer had experienced several large-scale DDoS attacks and recognized the need for an effective solution with extremely low time to mitigation,” said Randy Wood, senior vice president, North America sales, at Radware. “At the same time, the organization was facing growing scalability challenges as its revenue increased tenfold over the past decade. To support its rapidly expanding global customer base, the company required a world-class DDoS solution that delivers superior scalability, resilience, automation, and flexibility—and Radware met those requirements.”

Radware has earned numerous awards for its DDoS mitigation capabilities. Industry analysts, including G2, PeerSpot, and QKS Group, continue to recognize the company as a market leader in DDoS protection based on customer reviews, satisfaction scores, and market presence.

About Radware
Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, X, and YouTube.

©2025 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

Radware believes the information in this document is accurate in all material respects as of its publication date. However, the information is provided without any express, statutory, or implied warranties and is subject to change without notice.

The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that attackers are leveraging AI-driven tools, automation, and increasingly sophisticated botnets to launch massive, complex, highly disruptive, multi-vector DDoS campaigns that are harder to detect and mitigate, we are using forward-looking statements. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, tensions between China and Taiwan, financial and credit market fluctuations (including elevated interest rates), impacts from tariffs or other trade restrictions, inflation, and the potential for regional or global recessions; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cybersecurity and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, or if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; our use of AI technologies that present regulatory, litigation, and reputational risks; risks related to the fact that our products must interoperate with operating systems, software applications and hardware that are developed by others; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns; our net losses in the past and the possibility that we may incur losses in the future; a slowdown in the growth of the cybersecurity and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; complications with the design or implementation of our new enterprise resource planning (“ERP”) system; our reliance on information technology systems; our ESG disclosures and initiatives; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

STAFFORD, Texas, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Greenwich LifeSciences, Inc. (Nasdaq: GLSI) (the "Company"), a clinical-stage biopharmaceutical company focused on its Phase III clinical trial, FLAMINGO-01, which is evaluating Fast Track designated GLSI-100, an immunotherapy to prevent breast cancer recurrences, today provided additional updates on FLAMINGO-01 and the Company's corporate strategy.

Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:

"Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. ("ILC" or the "Company"). I would like to share a few comments on the year-to-date and the outlook ahead before proceeding with formalities.

"In summary, 2025 has been a successful year for ILC, improved further by a major turnround in the lithium market from June onwards. The Company completed the sale of its Avalonia property in Ireland, and made a major advance in Southern Africa through obtaining an option to acquire an 80% interest in the company owning the important Karibib project in Namibia. It is important to note that ILC has become much more than a lithium company, and the expansion into other critical minerals will be especially notable if ILC exercises its option in Namibia. As well as lithium, the Karibib project contains the largest declared rubidium resource in Africa, and also enough cesium that, when refined, would meet a year of global demand. Rubidium and cesium are both valuable critical metals with multiple commercial uses.

"The year for the lithium market has been one of two halves. In H1 2025, the lithium price, and that of related minerals such as spodumene, continued to be very weak, reaching a low in June of circa 10% of the 2023 highs. This, combined with the resultant impact on share prices, was painful for every company in the lithium sector, including ILC. However, in H2 2025, the position has seen a considerable improvement.

"While much of the commodity market's focus has been on gold, silver and platinum, the rebound in lithium prices has not been widely reported and has been largely overlooked. Yet in H2 2025, the spodumene price has risen by more than 100%, outperforming all precious metals. Most of that gain has come in Q4 2025. The main benchmark lithium carbonate price Li2CO3 has risen by around 65% from its June 2025 lows. If this trend continues, it will be very positive for the lithium sector.

"The Company's flagship Raleigh Lake project in Ontario, Canada is again, at today's prices for spodumene, an economically viable project even if ILC were to focus solely on lithium. Moreover, it also carries a significant rubidium resource, and one of ILC's goals in 2026 is to put a formal economic value on that rubidium resource, as we did in the PEA for lithium two years ago.

"In September 2025, ILC announced that it had acquired an option to buy Lepidico's 100% interest in Lepidico Mauritius for C$975,000. This brings with it an 80% interest in the Namibian company that owns 100% of the Karibib Lithium, Rubidium and Cesium project. As announced at the time, this is a major project that has received substantial investment and, indeed, reached the Definitive Feasibility Study stage under JORC in 2020. If the option is exercised, ILC will have a major stake in the largest declared rubidium resource in Africa and one of the largest in the world. There is also enough cesium at Karibib that, when refined, could meet a year of world demand. We are still waiting for the outcome of an arbitration case that Lepidico is engaged in and will decide whether or not to exercise the option shortly after receiving that result.

Lepidico's 80% ownership of Karibib resulted from its 2019 acquisition of TSXV-listed Desert Lion Energy in exchange for shares and other securities valued at that time at AUD$ 22.9 million (approximately CAD$20.7 million). Since acquiring the company in 2019, Lepidico invested a further AUD$ 12.1 million (approximately CAD$ 10.9 million) in the Karibib project, excluding central group overheads, with a significant portion directed towards drilling, an environmental study and subsequently a Definitive Feasibility Study and a further Resource Estimate.

This project could become highly important to ILC in 2026, and the Company's Southern Africa strategy will hopefully also be supplemented by progress on the announced Zimbabwe EPO applications.

"The Company completed the sale of the Avalonia project in Ireland to a subsidiary of its partner, Ganfeng Lithium, whereby ILC also retains a 2% Net Smelter Royalty. The total of C$2.5m generated from this was used to advance the investment in the Namibian project and other ongoing initiatives.

Outlook

"The good work done in 2025, and the upturn in the lithium market, gives a strong possibility of 2026 being a successful period for ILC. As well as extra work at the flagship Raleigh Lake project in Canada, if ILC exercises its option to buy Lepidico Mauritius, it will, at Karibib in Namibia, have a project that could otherwise have taken several years and tens of millions of dollars to bring a similar greenfield project to the same stage, let alone the time to identify such a project. Karibib would bring ILC not only lithium, but also a world-class resource in rubidium and one of the larger cesium deposits not controlled by a Chinese company.

"Lithium and spodumene prices are now back up to the level where mine development is economically viable at Canadian prices. If their rise continues, this will be positive for ILC and the lithium industry overall. ILC's additional focus on rubidium and cesium gives further strings to its bow that could turn ILC into a much larger company.

"In closing, I would like to take this opportunity to wish all of our valued shareholders, advisors and other stakeholders a Merry Christmas and a happy, healthy and prosperous New Year."

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

_______________________________________________________________________________________

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 release.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the likelihood or otherwise of the Company exercising its option on Lepidico Mauritius, the outcome of arbitration involving Lepidico Namibia, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Karibib or Raleigh Lake or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company's projects, the Company's budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company's third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the interim and annual Management's Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278761

Source: International Lithium Corp.

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NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Jayud Global Logistics Ltd. (NASDAQ: JYD) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Jayud securities between April 21, 2023 and April 30, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/JYD.

Jayud Case Details

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and the true nature of the trading activity in its securities. Specifically, the Complaint alleges that Defendants failed to disclose to investors:

(1) that Jayud 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 Jayud’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.

What's Next for Jayud Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/JYD. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Jayud you have until January 19, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Jayud Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Jayud Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Fermi Inc. (NASDAQ: FRMI) focused on whether Fermi and certain of its executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in the Fermi investigation or if you are a Fermi investor who suffered a loss and would like to learn more, you can provide your information here: https://www.rgrdlaw.com/cases-fermi-inc-investigation-frmi.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

THE COMPANY: Fermi is developing a large electric generation campus for AI data centers. On September 30, 2025, Fermi conducted its initial public offering, issuing approximately 32.5 million shares of common stock to the public at the offering price of $21.00 per share. The IPO’s offering document represented that “[o]n September 19, 2025, [Fermi] entered into a letter of intent . . . with an investment grade-rated tenant (the ‘First Tenant’) to lease a portion of the Project Matador Site on a triple-net basis for an initial lease term of twenty years, with four renewal terms of five years each.” In November 2025, Fermi further announced that the First Tenant entered into an Advance in Aid of Construction Agreement (“AICA”), pursuant to which the First Tenant agreed, subject to certain conditions, to advance up to $150 million to fund construction costs.

THE REVELATION: On December 12, 2025, Fermi revealed that “[o]n December 11, 2025, the First Tenant notified [Fermi] that it is terminating the AICA, but the parties continue to negotiate the terms of a lease agreement at Project Matador pursuant to the letter of intent.” After this news, the price of Fermi stock fell more than 33%, closing at $10.09 per share – well below the IPO price.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.

SAN DIEGO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Freeport-McMoRan Inc. (NYSE: FCX) publicly traded securities between February 15, 2022 and September 24, 2025, both dates inclusive (the “Class Period”), have until Monday, January 12, 2026 to seek appointment as lead plaintiff of the Freeport-McMoRan class action lawsuit. Captioned Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.), the Freeport-McMoRan class action lawsuit charges Freeport-McMoRan as well as certain of Freeport-McMoRan’s top current and former executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Freeport-McMoRan class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-freeport-mcmoran-inc-class-action-lawsuit-fcx.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Freeport-McMoRan engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Papua, Indonesia, in which the Indonesian government holds a commercial interest, according to the complaint.

The Freeport-McMoRan class action lawsuit alleges that throughout the Class Period defendants made false and/or misleading statement and/or failed to disclose that: (i) Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine in Indonesia; (ii) the lack of proper safety precautions constituted a heightened risk that could foreseeably lead to the death of Freeport-McMoRan’s workers; and (iii) this constituted an undisclosed heightened risk of regulatory, litigation, and reputational risk.

The Freeport-McMoRan class action lawsuit further alleges that on September 9, 2025, Freeport-McMoRan disclosed that “a large flow of wet material from a production drawpoint occurred at one of five production blocks in the Grasberg Block Cave underground mine,” which “blocked access to certain areas within the mine, restricting evacuation routes for seven team members.” Freeport-McMoRan further allegedly disclosed that “[m]ining operations in the Grasberg minerals district have been temporarily suspended to prioritize the safe evacuation of the seven contractor workers.” On this news, the price of Freeport-McMoRan stock fell nearly 6%, according to the complaint.

Then, on September 24, 2025, the complaint further alleges that Freeport-McMoRan revealed that “two team members . . . were regrettably fatally injured in the September 8th incident,” “[e]xtensive efforts are ongoing in the search for five [PT Freeport Indonesia (“PTFI”)] team members who remain missing,” and “mining operations in the Grasberg minerals district have been temporarily suspended since September 8th.” Freeport-McMoRan allegedly further disclosed that “PTFI production in 2026 could potentially be approximately 35% lower than pre-incident estimates.” On this news, the price of Freeport-McMoRan stock fell nearly 17%, according to the complaint.

Finally, on September 25, 2025, the Freeport-McMoRan class action lawsuit alleges that Bloomberg published an article entitled “Freeport Mine Setback Risks Fraying Relations With Indonesia,” which stated, in pertinent part, that “[a] halt in production at the giant Grasberg copper mine in Indonesia looks set to strain the fractious relationship between Freeport-McMoRan Inc. and its host nation, at a time when the Jakarta government was already looking to take greater control.” The complaint alleges that on this news, the price of Freeport-McMoRan stock fell more than 6%.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Freeport-McMoRan publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Freeport-McMoRan class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Freeport-McMoRan investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Freeport-McMoRan shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Freeport-McMoRan class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
        Robbins Geller Rudman & Dowd LLP
        J.C. Sanchez, Jennifer N. Caringal
        655 W. Broadway, Suite 1900, San Diego, CA 92101
        800-449-4900
        [email protected]

, /PRNewswire/ -- Honeywell (NASDAQ: HON) today released supplemental 2024 and year-to-date 2025 financial information to reflect its updated business segment structure expected to become effective for the first quarter of 2026, which it previously announced on October 22, 2025.

The company also announced today that it will report its Advanced Materials business unit as discontinued operations beginning the fourth quarter of 2025, following the successful spin of Solstice Advanced Materials (NASDAQ: SOLS) on October 30, 2025. As a result, the company adjusts its full-year and fourth quarter 2025 guidance, and otherwise re-affirms its expectations for fourth quarter performance.

In addition, Honeywell is providing an update on its previously disclosed Flexjet-related litigation matters, which it expects will result in a one-time charge in the fourth quarter. This charge will not impact the company's non-GAAP financial metrics or guidance. Any potential settlements of these litigation matters are anticipated to include one-time cash payments totaling approximately $470 million in the aggregate to the involved parties.

Supplemental Financial Information
In the attached supplemental financial information, Honeywell provides historical financial information consistent with its previously announced new business segment structure (anticipated to begin in the first quarter of 2026) and reports its Advanced Materials business unit, previously part of Energy and Sustainability Solutions, as discontinued operations beginning in the fourth quarter of 2025. Corporate expenses previously allocated to Advanced Materials will be included as part of Corporate and All Other segment profit of Honeywell.

The new business segment structure aligns to the company's go-forward strategy for its automation business ahead of the planned spin-off of its Aerospace business in the second half of 2026. The structure will consist of four reportable business segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. The three automation segments will each further report two business units aligned to the business models through which the company delivers value for its customers. Reporting for Aerospace Technologies is unchanged.

Honeywell Adjusts 2025 Outlook
As a result of the reclassification of Advanced Materials to discontinued operations, Honeywell adjusts its full-year and fourth quarter adjusted sales, segment margin, adjusted earnings per share, and free cash flow guidance. Excluding the reclassification, there is no change to the company's expectations for its fourth quarter non-GAAP financial guidance. A summary of the change in guidance is provided in tables 1 and 2 below.

TABLE 1: FULL-YEAR 2025 GUIDANCE RECONCILIATION1

October Guidance

Impact from Advanced Materials
Discontinued Operations

Current Guidance3

Adjusted Sales2,3

$40.7B - $40.9B

($3.2B)

$37.5B - $37.7B

Organic3 Growth

~6%

~0%

~6%

Segment Margin

22.9% - 23.0%

~(0.4%)

22.5% - 22.6%

Expansion

Up 30 - 40 bps

Up 40 - 50 bps

Adjusted Earnings Per Share4

$10.60 - $10.70

~($0.90)

$9.70 - $9.80

Operating Cash Flow

$6.4B - $6.8B

~($0.5B)

$5.9B - $6.3B

Free Cash Flow3

$5.2B - $5.6B

~($0.4B)

$4.8B - $5.2B

TABLE 2: FOURTH QUARTER GUIDANCE RECONCILIATION1

October Guidance

Impact from Advanced Materials
Discontinued Operations

Current Guidance3

Adjusted Sales2,3

$10.1B - $10.3B

($0.3B)

$9.8B - $10.0B

Organic3 Growth

8% - 10%

~0%

8% - 10%

Segment Margin

22.5% - 22.8%

~Neutral

22.5% - 22.8%

Expansion

Up 160 - 190 bps

Up 210 - 240 bps

Adjusted Earnings Per Share4

$2.52 - $2.62

~($0.04)

$2.48 - $2.58

1

Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment margin and adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS.

2

Adjusted Sales is a non-GAAP financial measure and reflects an adjustment to add back approximately $310 million reported as a contra revenue accounting reduction to GAAP Sales as a result of the potential settlements of the Flexjet-related litigation matters. Previously provided October Guidance for Sales did not reflect any such adjustments.

3

See additional information at the end of this release regarding non-GAAP financial measures.

4

Adjusted EPS guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, and any potential future one-time items that we cannot reliably predict or estimate such as pension mark-to-market. Tax rates used for the impacts of Advanced Materials discontinued operations are based on preliminary estimates.

Flexjet-Related Litigation Matters Update
Honeywell is providing an update with respect to the previously disclosed Flexjet-related litigation matters. The company is in ongoing settlement negotiations with Flexjet and the other parties to the litigation matters. Based on negotiations to date, Honeywell expects to record a one-time charge within its Aerospace Technologies segment in the fourth quarter of 2025 that will reduce GAAP sales (due to contra-revenue accounting) and operating income by approximately $310 million and $370 million, respectively. However, this charge will not impact Honeywell's non-GAAP financial metrics. The company further expects that any settlements will include one-time cash payments to the parties to the Flexjet-related litigation matters totaling approximately $470 million in the aggregate. There can be no assurance that any settlements will be reached, and the foregoing financial impacts are subject to change based on the final terms of any such settlements.

For additional information, please see our Current Report on Form 8-K, filed with the SEC on December 22, 2025, available at http://www.sec.gov.

About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Additional Information
Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements related to the proposed separation of Automation and Aerospace Technologies, the realignment of the Company's reportable business segments, the Company's full year guidance, the accounting impact of any potential settlements of the Flexjet-related litigation matters, and the evaluation of strategic alternatives for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including the Company's realignment of its reportable business segments, the Company's current expectations, estimates, and projections regarding the proposed separation of Automation and Aerospace Technologies, the accounting impact of any potential settlements of the Flexjet-related litigation matters, and the evaluation of strategic alternatives for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows:

Segment profit, on an overall Honeywell basis;
Segment profit margin, on an overall Honeywell basis;
Organic sales growth;
Adjusted sales;
Free cash flow; and
Adjusted earnings per share.

Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.

Appendix

Non-GAAP Financial Measures

The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).

Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.

Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business.

Organic Sales Percent Change

We define organic sales percentage as the year-over-year change in adjusted sales from continuing operations relative to the comparable period, excluding the impact on sales from foreign currency translation, and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.

A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for the forward-looking measure of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change.

Honeywell International Inc.

Reconciliation of Expected Sales to Expected Adjusted Sales

(Unaudited)

(Dollars in billions)

Three Months Ended
December 31, 2025 (E)

Twelve Months Ended
December 31, 2025 (E)

Sales

~$9.5 - $9.7

~$37.2 - $37.4

Flexjet-related litigation matters1

~0.3

~0.3

Adjusted sales

~$9.8 - $10.0

~$37.5 - $37.7

1

For the three and twelve months ended December 31, 2025, reflects an approximately $310 million impact to sales due to contra revenue accounting as a result of a pending settlement with an existing customer.

We define adjusted sales as sales from continuing operations less the sales impact of the Flexjet-related litigation matters. Management  considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.

We believe that adjusted sales is a non-GAAP measure that is useful to investors and management as a measure of ongoing operations and in analysis of ongoing operating trends.

Honeywell International Inc.

Reconciliation of Operating Income to Segment Profit, Calculation of Operating Income and Segment Profit Margins

(Unaudited)

(Dollars in millions)

Three Months Ended

December 31, 2024

Twelve Months Ended

December 31, 2024

Continuing
Operations

Discontinued
Operations1

Continuing
Operations

Discontinued
Operations1

Operating income

$             1,521

$                224

$             6,449

$                992

Stock compensation expense2

39

2

189

5

Repositioning, Other3,4

58

15

265

27

Pension and other postretirement service costs5

16

1

61

4

Amortization of acquisition-related intangibles6

139

1

411

4

Acquisition-related costs7

—

—

25

—

Indefinite-lived intangible asset impairment2

—

—

48

—

Impairment of assets held for sale

94

—

219

—

Segment profit

$             1,867

$                243

$             7,667

$             1,032

Operating income

$             1,521

$                224

$             6,449

$                992

÷ Net sales

$             9,169

$                919

$           34,717

$             3,781

Operating income margin %

16.6 %

24.4 %

18.6 %

26.2 %

Segment profit

$             1,867

$                243

$             7,667

$             1,032

÷ Net sales

$             9,169

$                919

$           34,717

$             3,781

Segment profit margin %

20.4 %

26.4 %

22.1 %

27.3 %

1

Effective October 30, 2025, Honeywell completed the spin-off of its Advanced Materials business into an independent, publicly traded company, Solstice Advanced Materials. The Advanced Materials business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the Advanced Materials business is reported as discontinued operations in all periods presented.

2

Included in Selling, general and administrative expenses.

3

Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.

4

Included in Cost of products and services sold and Selling, general and administrative expenses.

5

Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.

6

Included in Cost of products and services sold.

7

Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.

We define operating income as net sales less total cost of products and services sold, research and development expenses, impairment of assets held for sale, and selling, general and administrative expenses. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.

A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit, particularly pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings.

Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.

Honeywell International Inc.

Reconciliation of Earnings per Share to Adjusted Earnings per Share

(Unaudited)

Three Months Ended

December 31, 2025 (E)

Twelve Months Ended

December 31, 2025 (E)

Earnings per share of common stock from continuing operations - diluted1

$1.79 - $1.89

$9.23 - $9.33

Pension mark-to-market expense

No Forecast

No Forecast

Amortization of acquisition-related intangibles2

0.20

0.72

Acquisition-related costs3

0.02

0.05

Divestiture-related costs

No Forecast

No Forecast

Impairment of assets held for sale4

—

0.02

Loss on sale of business5

—

0.04

Gain related to Resideo indemnification and reimbursement agreement termination6

—

(1.25)

Adjustment to estimated future environmental liabilities7

—

0.25

Loss on expected settlement of divestiture of asbestos liabilities8

—

0.17

Flexjet-related litigation matters9

0.47

0.47

Adjusted earnings per share of common stock from continuing operations - diluted

$2.48 - $2.58

$9.70 - $9.80

1

For the three and twelve months ended December 31, 2025, expected earnings per share utilizes weighted average shares of approximately 639 million and 643 million, respectively.

2

For the three and twelve months ended December 31, 2025, expected acquisition-related intangibles amortization includes approximately $130 million and $460 million, net of tax benefit of approximately $35 million and $110 million, respectively.

3

For the three and twelve months ended December 31, 2025, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $15 million and $35 million, net of tax benefit of approximately $5 million and $10 million, respectively.

4

For the twelve months ended December 31, 2025, the expected impairment charge of assets held for sale is $15 million, without tax benefit.

5

For the twelve months ended December 31, 2025, the expected adjustment for loss on sale of the personal protective equipment business is $28 million, net of tax benefit of $2 million.

6

For the twelve months ended December 31, 2025, the expected gain related to the Resideo indemnification and reimbursement agreement termination is $802 million, without tax expense.

7

In the three months ended September 30, 2025, the Company enhanced its process for estimating environmental liabilities at sites undergoing active remediation, which led to earlier recognition of the estimated probable liabilities and an increase to estimated environmental liabilities. For the twelve months ended December 31, 2025, the expected adjustment is $161 million, net of tax benefit of $50 million.

8

For the twelve months ended December 31, 2025, the expected adjustment for loss on expected settlement of divestiture of asbestos liabilities is $112 million, net of tax benefit of $36 million.

9

For the three and twelve months ended December 31, 2025, the expected charge for the Flexjet-related litigation matters is approximately $300 million, net of tax benefit of $70 million. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.

We define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expense or the divestiture-related costs. The pension mark-to-market expense is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The divestiture-related costs are subject to detailed development and execution of separation restructuring plans for the announced separation of Automation and Aerospace Technologies. We therefore do not include an estimate for the pension mark-to-market expense or divestiture-related costs. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change.

Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.

Honeywell International Inc.

Reconciliation of Expected Cash Provided by Operating Activities to Expected Free Cash Flow

(Unaudited)

(Dollars in billions)

Twelve Months Ended

December 31, 2025 (E)

Cash provided by operating activities from continuing operations

~$5.9 - $6.3

Capital expenditures

~(1.0)

Spin-off and separation-related cost payments

~0.1

Resideo indemnification and reimbursement agreement termination payment

~(1.6)

Impact of expected settlement of divestiture of asbestos liabilities

~1.4

Free cash flow from continuing operations

~$4.8 - $5.2

We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments, the Resideo indemnification and reimbursement agreement termination payment, and the cash payment for settlement of divestiture of asbestos liabilities.

We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.

Contacts:

Media

Investor Relations

Stacey Jones

Sean Meakim

(980) 378-6258

(704) 627-6200

[email protected]

[email protected]

SOURCE Honeywell

, /PRNewswire/ -- Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN" or the "Company"), a developer of secure and governed multimodal artificial intelligence solutions for regulated industries, today announced that it reduced outstanding liabilities by approximately $2.5 million during the fourth quarter of 2025 through a series of debt-to-equity conversions, negotiated settlements, and payments.

On December 20, 2025, several long-term investors entered into conversion agreements with the Company, converting an aggregate of $1,250,004 of debt and other liabilities into equity at a conversion price of $2.10 per share. The conversions included $899,934 in loans and $350,070 in short-term liabilities.

As previously announced on December 18, 2025, the Company completed the conversion of $504,684 of affiliate debt into equity at a conversion price of $2.10 per share.

In addition to these debt-to-equity conversions, the Company executed other liability-reduction initiatives during the quarter, including a $250,010 reduction in accounts payable and the satisfaction of vendor-related obligations totaling approximately $487,306.

Collectively, these actions reduced the Company's outstanding liabilities by approximately $2,492,004 during the fourth quarter of 2025. The Company believes these actions further strengthen its capital structure and support long-term operational and strategic flexibility.

Additional information regarding these transactions is included in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

About Brand Engagement Network, Inc.
Brand Engagement Network, Inc. (BEN) (Nasdaq: BNAI) develops secure, governed multimodal artificial intelligence solutions designed for regulated industries. The Company's technology enables intelligent, compliant engagement across conversational AI, voice, avatar, and digital interfaces, supporting enterprise requirements for trust, governance, and scalability. Visit www.brandengagementnetwork.com.

Forward-Looking Statements 
Certain statements in this communication constitute "forward-looking statements" within the meaning of the federal securities laws, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations, assumptions, and beliefs regarding future events and are subject to risks, uncertainties, and changes in circumstances that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to, those described in Part I, Item 1A (Risk Factors) of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in other filings made by the Company with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them except as required by law.

SOURCE Brand Engagement Network, Inc. (BEN)

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The share price of Chinese electric vehicle (EV) maker Nio (NIO +1.22%) has fallen to $4.95, more than 35% off its 2025 high and less than $2 away from its all-time lows.

Given how quickly the automaker has been growing its sales, it might seem like a no-brainer buy at the current stock price. But there are three big risks ahead for Nio. Investors should consider them carefully before buying the stock, even at this discounted price.

Image source: Getty Images.

Risk No. 1: Profitability remains elusive for Nio
Nio's revenue has been soaring as its sales have grown by impressive double-digit percentages. In November, the company made 36,275 vehicle deliveries, a year-over-year increase of 76.3%. That's not far off from its record-setting October deliveries of 40,397 vehicles, a 92.6% year-over-year increase.

Despite these record delivery numbers and impressive year-over-year growth, Nio isn't profitable. In fact, the more vehicles it sells, the worse its profitability numbers seem to get. After posting a net loss of $813.6 million in 2021, its net losses grew to $1.6 billion in 2022, $2.2 billion in 2023, and $3 billion in 2024, all while its revenue soared from $5.6 billion to $9.1 billion.

However, the company might be turning things around. Its quarterly net losses shrank sequentially over the last three periods, and management reportedly aims to make the fourth quarter the first-ever profitable quarter. If it succeeds, shares will likely rise; if not, they are likely to fall further.

Even if Nio manages to eke out a single profitable quarter, competition in the Chinese EV market is continuing to heat up, so maintaining that profitability may get even more difficult as time goes on.

Risk No. 2: Vanishing incentives
The Chinese government pulled out all the stops to help jump-start the country's electric car industry, offering substantial purchase subsidies for EVs through 2022 and currently offering full tax exemptions for purchasing a vehicle. However, those exemptions are gradually being phased out, starting next month.

Instead of offering a tax exemption on the full purchase price of an EV up to RMB 30,000 (about $4,260), the government will only offer a 50% exemption worth up to about $2,130 in 2026 and 2027. After that, the exemptions are set to expire.

Here in the U.S., we saw the impact that the removal of tax incentives could have on EV sales when the $7,500 tax credits were phased out at the end of September, and EV sales plummeted in October and November. The same thing could easily happen to Nio's sales in 2026, which could have a big impact on its revenue and its share price.

That said, Nio has deliberately targeted the lower-end EV market by offering several less-expensive vehicles and its signature battery swap program, which reduces the purchase price of a vehicle even further. Thus, the reduced tax incentives are likely to go further when buying a Nio, which might improve its competitive standing relative to other Chinese automakers. But there's no guarantee that even an improved competitive standing will be enough to offset a likely drop in overall purchases.

Today's Change

(

1.22

%) $

0.06

Current Price

$

4.99

Risk No. 3: Trade barriers
Part of the growth thesis for Nio is its aggressive international expansion efforts. While the vast majority of its cars are sold in China, it has already launched sales and service networks in five European countries and is planning to expand into seven more.

However, in late 2024, the E.U. implemented stiff tariffs on Chinese EVs, calling them "unfairly subsidized." These tariffs, which range from 17% to 35.3%, are a huge barrier for all Chinese EV makers that sell in Europe, but are especially problematic for a carmaker like Nio, which leans heavily on affordability. The tariffs aren't set to expire for five years, which throws the EV maker's European strategy into doubt.

Is Nio stock worth a look?
Given how risky Nio looks right now, it's no wonder it's trading at less than $5, which translates to just 1.1 times trailing sales.

While it's possible that Nio will manage to turn in a profitable fourth quarter and then navigate the competitive landscape and the vanishing tax incentives in the Chinese EV market to maintain that profitability, there's a lot that could go wrong. Investors should be aware of the risks and should only put money they can afford to lose into this speculative stock.

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Inspire Medical Systems, Inc. ("Inspire" or "the Company") (NYSE: INSP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between August 6, 2024 and August 4, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before January 5, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Inspire repeatedly assured investors that it was fully prepared for every aspect of the Inspire V launch, touting high demand in the market. In truth, the Company's Inspire V launch was disastrous and was met with weak demand. The Company ignored basic steps that help ensure the quick adoption of new devices by clinicians. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Inspire, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm

About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more

About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.

Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.

, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Synopsys, Inc. ("Synopsys " or "the Company") (NASDAQ: SNPS) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of SNPS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: December 4, 2024 to September 9, 2025

DEADLINE: December 30, 2025

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Synopsys increased its focus on artificial intelligence customers at the expense of its Design IP Business. Based on the Company's focus on AI, "certain road map and resource decisions" were not likely to "yield their intended results." Based on these facts, Synopsys' public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate .

NEXT STEPS FOR SHAREHOLDERS : Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.

WHY DJS LAW GROUP?  DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

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

CONTACT:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP