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Month: February 2026

Esperion Reaches Settlement Agreement with Fifth ANDA Filer Not to Market Generic Version of NEXLETOL® (bempedoic acid) & NEXLIZET® (bempedoic acid & ezetimibe) Prior to April 19, 2040

ANN ARBOR, Mich., Feb. 17, 2026 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today announced that it has entered into a settlement agreement with Alkem Laboratories Ltd. (Alkem). This agreement resolves the patent litigation brought by Esperion against Alkem in response to Alkem’s Abbreviated New Drug Applications (ANDAs) seeking approval to market generic versions of NEXLETOL and NEXLIZET prior to the expiration of the applicable patents. Pursuant to the agreement, Alkem has agreed not to market a generic version of either NEXLETOL or NEXLIZET in the United States prior to April 19, 2040, unless certain limited circumstances customarily included in these types of agreements occur. The pending patent litigation against the remaining defendants (Aurobindo Pharma Limited (along with an affiliate); MSN Pharmaceuticals Inc. (along with...

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SEALSQ Announces FY 2025 Key Preliminary / Unaudited Financials Metrics: Reports 66% Year Over Year Revenue Growth to $18 Million

Geneva, Switzerland, Feb. 17, 2026 (GLOBE NEWSWIRE) —Entered 2026 With a Strong Commercial Momentum Expects Q1 2026 Revenue to Grow over 100% as Compared to Q1 2025 Reaffirms FY 2026 Guidance with Revenue Expected to Grow Between 50%-100% Year Over YearSEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or the “Company”), a global leader in semiconductor, PKI, and post-quantum security technologies, today announces key preliminary operational and financial metrics for fourth quarter (“Q4”) and full year (“FY”) 2025, provides first quarter 2026 revenue expectations, and reaffirms FY 2026 revenue guidance. All numbers reported are preliminary and unaudited. The Company expects to publish its audited full-year financial statements on or before March 31, 2026. FY 2025 Key Financial and Operational HighlightsFY 2025 revenue reached $18...

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Extendicare Announces February 2026 Dividend of C$0.042 per Share

MARKHAM, Ontario, Feb. 17, 2026 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.042 per common share of the Company for the month of February 2026, which is payable on March 16, 2026 to shareholders of record at the close of business on February 27, 2026. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada). About Extendicare Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network brands. We are committed to delivering quality care to meet the needs of the growing seniors’ population, inspired by our mission to provide people with the care they need, wherever they call home. We operate...

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Watsco Boosts Annual Dividend 10% to $13.20 Per Share

MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet.” Watsco has paid dividends to shareholders for 52 consecutive years. The Company’s philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered...

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Watsco Reports Record Full-Year Gross Margin, Meets Inventory Reduction Target and Generates Record 4th Quarter Cash Flow in Challenging Market Conditions

Boosts Annual Dividend 10% to $13.20 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Positions Company for Growth MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced its operating results for the full-year and fourth quarter period ended December 31, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco also announced today a 10% increase in its annual dividend to $13.20 per share effective with its next regular dividend payment in April 2026. This year marks Watsco’s 52nd consecutive year of paying dividends. Watsco is the largest distributor in the highly-fragmented North American HVAC market. Since entering distribution in 1989, Watsco has achieved a 17% compounded annual total-shareholder...

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Virtuix Joins Meta’s “Made for Meta” with AI-Powered 360-Degree Treadmill

Omni One to Become Compatible with Meta Quest Headsets and Content, Unlocking Access to Millions of Active Users Collaboration Positions Virtuix within Meta’s Certified Ecosystem and Expands Consumer Reach to the World’s Largest XR User Base AUSTIN, Texas, Feb. 17, 2026 (GLOBE NEWSWIRE) — Virtuix Inc. (NASDAQ: VTIX), a leading developer of full-body virtual reality systems, today announced that it has joined the Made for Meta program of Meta Platforms, Inc. Through the program, Virtuix plans to make its “Omni One” 360-degree treadmill compatible with Meta Quest headsets and games, broadening Omni One’s reach to the world’s largest XR user base. “Joining the Made for Meta program expands our addressable market to millions of active Quest users who already own and love their VR headset and games library,” said Jan Goetgeluk, CEO...

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Fusemachines Launches 9th Year of AI Fellowship Program, Expanding Access to AI Education for 100 AI Fellows

NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) — Fusemachines Inc. (“Fusemachines” or the “Company”) (NASDAQ: FUSE), a leading provider of enterprise artificial intelligence technologies, proudly announces the launch of the 9th year of its flagship AI Fellowship Program, welcoming a new cohort of 100 fellows from diverse backgrounds and geographies. Now in its ninth year, the AI Fellowship Program continues to advance Fusemachines’ mission to democratize AI by expanding access to world-class artificial intelligence education and hands-on training. The 2026 cohort will participate in a hybrid learning experience that combines online instruction through the Fusemachines Online Education platform with immersive onsite exercises designed to reinforce practical, real-world AI application. The program is structured to equip participants with...

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VTAK Acquires 19.98% Strategic Stake in AI-Enabled Aviation Company Fly Flyte, Inc.

Immediate Exposure to Revenue-Generating, Asset-Backed Regional Air Mobility Business Positioned Ahead of Anticipated Future Industry-wide eVTOL Commercialization Strategic Investment Expands Capital Allocation into High-Growth Infrastructure with Scalable Fleet Expansion and Long-Term Equity Upside Fort Mill, S.C., Feb. 17, 2026 (GLOBE NEWSWIRE) — Catheter Precision, Inc. (NYSE American: VTAK) today announced a strategic minority investment in Fly Flyte, Inc. (“Flyte”), an FAA-certified regional aviation operator utilizing AI-enabled operations and a growing fleet of Cirrus Vision Jets. Flyte conducts its flight operations through its wholly owned subsidiary, Ponderosa Air, LLC (FAA Air Carrier Certificate No. 1POA402M), operating under FAA 14 CFR Part 135, deploying Vision Jets across high-frequency short-haul regional routes...

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Southern Michigan Bancorp, Inc. Announces Fourth Quarter and Full Year 2025 Earnings

SMBT Jackson Summit Township BranchSouthern Michigan Bank and Trust, Jackson Summit Township BranchCOLDWATER, Mich., Feb. 17, 2026 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced fourth quarter 2025 net income of $2,912,000, or $0.62 per share, an increase of $262,000, or 9.9%, compared to net income of $2,650,000, or $0.57 per share, for the fourth quarter of 2024. Southern earned $12,215,000, or $2.63 per share, for the year ended December 31, 2025, an increase of $1,813,000, or 17.4%, compared to net income of $10,402,000, or $2.28 per share, for the same period of 2024. The annualized return on average assets for the years ended December 31, 2025, and December 31, 2024, was 0.77% and 0.71%, respectively. The annualized return on average equity for the years ended December 31, 2025 and...

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Survey Reveals Lender Concern with Fraud, Defaults and AI

WASHINGTON , Feb. 17, 2026 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the results of its 2026 Leveraged Loan Market Survey, which found that despite another solid year for leveraged credit, lenders remain cautious due to above average loan default volumes, heightened fraud concerns and uncertainty around AI investments. “It wasn’t exactly an idyllic year for leveraged lenders. Loan default volumes remained above average, liability management exercises kept coming and heightened fraud concerns became a topic of conversation,” said Chuck Carroll, Leader of the Senior Lender Advisory practice at FTI Consulting. “New issuance volumes were also still dominated by refinancing activity and leveraged M&A activity. While the loan market for M&A was much improved thanks to some large value deals, it didn’t...

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