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Day: November 11, 2025

Pluxee acknolwedges the Brazilian government’s communication on the Workers’ Food Program (PAT)

Paris, November 11, 2025 – Pluxee takes note of the communication issued by the Brazilian government concerning the Workers’ Food Program (Programa de Alimentação do Trabalhador – PAT), introducing changes to the merchant discount rate (MDR), reimbursement deadlines, and voucher processing. These measures, set to start taking effect in 90 days at the earliest, diverge significantly from the discussions previously conducted between the industry association (ABBT) and the government. Pluxee is concerned that these provisions could compromise the long-term sustainability of the PAT, notably with an increased risk of misuse, non-compliance, and unbalanced credit positions specifically with public clients. Since the PAT creation, and for over 40 years, Pluxee has contributed to the program’s expansion by developing innovative solutions and...

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Stingray Acquires TuneIn, Creating an Audio Streaming and Advertising Powerhouse

Transaction enterprise value of up to US$175 million US$150 million paid out at closing, and up to US$25 million paid one-year post-closing TuneIn expected to achieve US$110 million of revenues and US$30 million of adjusted EBITDA1 for the twelve-month period ending December 31, 2025 Implied adjusted EBITDA multiple of 5.8x1 pre-synergies Estimated operational synergies of US$10 million within 12 to 18 months post-closingMONTREAL, Nov. 11, 2025 (GLOBE NEWSWIRE) — Stingray Group Inc. (TSX: RAY.A; RAY.B) (‘’Stingray’’ or ‘’The Corporation’’), an industry leader in music and video content distribution, business services, and advertising solutions, announced today it has entered into a definitive agreement to acquire TuneIn Holdings, Inc. (‘’TuneIn’’), a pioneer in live audio streaming and ad monetization. The transaction is valued...

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Stingray Reports Second Quarter Results for Fiscal 2026

Transformative TuneIn acquisition and strategic DMI deal to accelerate top growth vectorsOrganic growth increased 16.7% year-over-year in Broadcast and Recurring Commercial Music Revenues; Revenues grew 21.0% to $113.3 million in the second quarter of 2026 from $93.6 million in the second quarter of 2025; Adjusted EBITDA(1) improved 16.3% to $39.5 million in the second quarter of 2026 from $34.0 million in the same period in 2025. Adjusted EBITDA(1) by segment was $31.2 million or 38.5% of revenues for Broadcasting and Commercial Music, $10.2 million or 31.5% of revenues for Radio, and $(1.9) million for Corporate; Net income rose 102.5% to $11.8 million, or $0.17 per diluted share, in the second quarter of 2026 from $5.8 million, or $0.08 per diluted share, in the second quarter of 2025; Adjusted Net income(1) increased 30.8% to $21.9...

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REE Automotive Announces a Supplement to its Proxy Statement for its Special General Meeting of Shareholders to be held on November 13, 2025

TEL AVIV, Israel, Nov. 11, 2025 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE) (“REE”), an automotive technology company developing software-defined vehicle technology, today announced the release of a supplement (the “Supplement”) to its proxy statement dated October 9, 2025 (the “Proxy Statement”). The Proxy Statement was prepared in connection with a special general meeting of shareholders of the Company to be held on Thursday, November 13, 2025 at 12:00 p.m. Israel time (5:00 a.m. Eastern Time), at REE’s headquarters at Kibbutz Glil-Yam, Israel. REE encourages shareholders to review the Supplement. The Proxy Statement and the Supplement are, or will be, available for review on the “investor relations” section of REE’s website at https://investors.ree.auto/ as well as at the U.S. Securities and Exchange Commission website...

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Financial Results for the Third Quarter of 2025

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 11, 2025 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) today announced its financial results for the three and nine months ended September 30, 2025. All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from the interim consolidated financial statements prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”) applicable to the preparation of interim financial statements, including International Accounting Standard 34 Interim Financial Reporting, except as otherwise noted. Management Commentary “The third quarter of 2025 delivered...

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Eledon Pharmaceuticals Announces Proposed Underwritten Public Offering of Common Stock and Pre-Funded Warrants

IRVINE, Calif., Nov. 11, 2025 (GLOBE NEWSWIRE) — Eledon Pharmaceuticals, Inc. (“Eledon”) (NASDAQ: ELDN), today announced that it has commenced an underwritten public offering of shares of its common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock. All of the shares and pre-funded warrants in the proposed offering will be offered by Eledon. In addition, Eledon intends to grant the underwriters a 30-day option to purchase up to a number of additional shares of common stock equal to 15% of the total number of shares of common stock (and shares of common stock underlying pre-funded warrants) sold in the public offering, on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering...

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Upexi Reports Record Digital Asset Revenue for Fiscal First Quarter 2026

Digital Asset Revenue was Approximately $6.1 Million for the Quarter Gross Profit Totaled $8.3 Million, up 183% Year-Over-Year Net Income Increased to $66.7 Million, Compared to a Net Loss of $1.6 Million, Year-over-Year Conference Call Scheduled for today, November 11, 2025, at 5:30 p.m. Eastern Time TAMPA, Fla., Nov. 11, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (“Upexi” or the “Company”), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced record digital asset revenue for the fiscal first quarter ended September 30, 2025. Financial Highlights for the Quarter Ended September 30, 2025Total revenue for the quarter was $9.2 million, compared to $4.4 million for the quarter ended September 30, 2024.Revenue from operations from the consumer brands business totaled $3.2 million. Digital...

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COSCIENS Biopharma Inc. Reports Third Quarter 2025 Financial Results and Provides Strategic Initiatives Update

COSCIENS voluntarily delists from Nasdaq, while retaining the Company’s listing on the TSX COSCIENS restructuring results in significantly lower cash outflow with operating expenses down 59% vs. Q3 2024. TORONTO, ONTARIO, Nov. 11, 2025 (GLOBE NEWSWIRE) — COSCIENS Biopharma Inc. (FINRA: CSCIF) (TSX: CSCI) (“COSCIENS” or the “Company”), a life science company focused on natural ingredients and pharmaceutical solutions, today reported its financial and operating results for the third quarter ended September 30, 2025 and provided a corporate update regarding operational and strategic developments during the quarter. “Our focus in Q3 was to ensure the zero-based budgeting and restructuring plans we designed were executed successfully to establish our go forward cost structure,” said Anna Biehn, Chief Executive Officer of COSCIENS. “Management...

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Martinrea International Inc. Reports Third Quarter Results and Declares Dividend

TORONTO, Nov. 11, 2025 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2025, and declared a quarterly cash dividend of $0.05 per share. THIRD-QUARTER HIGHLIGHTSTotal sales of $1,190.8 million, production sales of $1,159.2 million. Diluted net earnings per share of $0.49 and Adjusted Net Earnings per Share(1) of $0.52. Adjusted EBITDA(1) of $140.4 million, 11.8% of total sales. Adjusted Operating Income Margin(1) of 5.5%, up 20 basis points year over year. Free Cash Flow(1) (excluding principal payments of IFRS 16 lease liabilities) of $44.5 million...

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GoGold Announces C$125 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. HALIFAX, Nova Scotia, Nov. 11, 2025 (GLOBE NEWSWIRE) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively the “Underwriters”), under which the Underwriters have agreed to buy on a bought deal basis 47,170,000 units (the “Units”), at a price of C$2.65 per Unit for gross proceeds of approximately C$125 million (the “Offering”). The offering is expected to close on or about November 27, 2025 and is subject to GoGold receiving all necessary regulatory approvals. Each Unit will be comprised of one common...

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