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Year: 2026

Koil Energy Secures New $5 Million Asset-Based Credit Facility

HOUSTON, May 22, 2026 (GLOBE NEWSWIRE) — KOIL Energy Solutions, Inc. (OTCQB: KLNG), a specialist in deepwater energy production and distribution equipment and services, today announced the closing of a new asset-based lending facility. KOIL entered a $5 million asset-based revolving line of credit with nFusion Capital Finance, LLC, (“nFusion”), an Austin, Texas-based private working capital finance company. The facility, which will be drawn on an as-needed basis, will support working capital and accelerate KOIL’s strategy to expand its fleet of rental equipment, and replace a prior receivables factoring arrangement with a commercial bank, which has been repaid in full and terminated. As a result of this new facility and the payoff of the prior factoring arrangement, KOIL currently has no outstanding financial debt other than lease...

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Snail Games Highlights Progress and Development from Strategic Polish Studio Partnerships

Bellwright, Above The Snow, and Honeycomb: The World Beyond showcases the value of Snail Games’ work with Polish studio partners CULVER CITY, Calif., May 22, 2026 (GLOBE NEWSWIRE) — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, and its subsidiary Wandering Wizard, today highlighted the progress made through its existing partnerships with three Polish development teams. Through collaborations with Above The Desk, creators of Above the Snow; Donkey Crew, the team behind Bellwright; and Frozen Way Games, who are currently developing Honeycomb: The World Beyond, Snail Games continues to expand its content pipeline, deepen its international development network, and demonstrate the value of working with high-potential studios in...

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Ebola Outbreak “Spreading at Alarming Speed,” WHO Warns — Growing Global Health Emergencies Highlight Rising Need for TOMI’s SteraMist Technology

Recent Ebola and Hantavirus Outbreaks Underscore Increasing Institutional Demand for Advanced Disinfection Solutions Across Hospitals, Hotels, Cruise Ships, Transportation Hubs, and Public Facilities FREDERICK, Md., May 22, 2026 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global leader in disinfection and decontamination solutions, today highlighted the growing importance of advanced environmental disinfection solutions as global health officials raise alarms over the rapidly escalating Ebola outbreak in Central Africa. The World Health Organization (“WHO”) has stated they are “deeply concerned about the scale and speed of the epidemic” as the outbreak continues to expand across multiple regions. The outbreak, now classified as a Public Health Emergency of International Concern, reportedly...

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Global Mofy Announces Milestone for Gausspeed: AI Platform Developed in Conjunction with NVIDIA Omniverse Connects with Digital Asset Libraries

BEIJING, May 22, 2026 (GLOBE NEWSWIRE) — Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced a platform development milestone for Gausspeed, its generative AI platform for film production, video generation, and digital content creation workflows. Leveraging NVIDIA Omniverse and Universal Scene Description (OpenUSD) -based architecture, Gausspeed is now connected to the Company’s large-scale, high-precision 3D digital asset library, which the Company believes represents an important step toward building a more scalable, asset-driven AI production infrastructure for professional digital content creation. Building on the...

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Cycurion Acquires Secuvant, Supercharging AI-Driven Cybersecurity with Automated, Scalable Threat Defense – Perfectly Complements HavenX Platform

MCLEAN, Va., May 22, 2026 (GLOBE NEWSWIRE) — Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading provider of AI-driven cybersecurity, IT security solutions, and managed services, today announced the acquisition of Secuvant, LLC (“Secuvant”), a premier provider of enterprise-grade cybersecurity and risk management services. This strategic move dramatically strengthens Cycurion’s MDR, threat and vulnerability management, and compliance capabilities — delivering immediate firepower for mid-market and enterprise clients in construction, agriculture, financial services, utilities, manufacturing, and critical infrastructure. The transaction is expected to contribute approximately $3 million in annualized revenue and approximately $1.5 million in EBITDA for fiscal year 2026. Strategic SynergiesSecuvant’s expertise in...

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Evolution Metals & Technologies Corp. Reports First Quarter 2026 Financial Results and Provides Corporate Update

EM&T now positioned as the only U.S.-listed company outside China with proven, commercial-scale production of rare earth permanent magnets, including high-performance grades, building on more than eighteen years of operating history Subsequent to quarter-end, secured binding purchase orders for thirteen ULVAC sintered rare earth magnet production machines, representing more than a full year of ULVAC’s planned global Western output, expected to scale annual rare earth magnet production capacity to approximately 10,000 metric tons by November 2026, ahead of the January 1, 2027 DFARS deadline restricting Chinese-origin rare earth magnets in U.S. defense systems Operating against a strongly aligned U.S. industrial policy backdrop, including the Trump administration’s January 2026 Section 232 Proclamation identifying rare earth permanent...

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20/20 Biolabs Commences Emergency Planning for Ebola & Hantavirus Lab Testing if Outbreak Creates Overflow Demand

Company to Draw on Substantial Experience with COVID Testing to Again Support Public Health Agencies if Needed  GAITHERSBURG, Md., May 22, 2026 (GLOBE NEWSWIRE) — 20/20 Biolabs, Inc. (Nasdaq: AIDX) (“20/20 Biolabs” or the “Company”), an early market entrant in AI powered laboratory-based blood tests for the early detection and prevention of cancers and chronic diseases, announced that it is developing contingency plans to establish Ebola and Hantavirus testing in its CAP-accredited CLIA laboratory if called upon to support or augment testing by public health laboratories. Early in the COVID-19 pandemic, 20/20 Biolabs was among the first companies in the U.S. to import, validate, and distribute rapid antibody tests. The Company provided large scale PCR lab testing under contracts with the Montgomery County and Maryland Departments...

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Sigenergy Powers One of the UK’s Most Intelligent Manufacturing Solar Projects at Numatic International

AI-driven hybrid energy infrastructure and future-ready battery architecture enable high-efficiency solar deployment for iconic British manufacturerPartnershipHenry Approved: How Sigenergy Helped Power a UK Solar FirstDisplay of Sigenergy’s productsHenry Approved: How Sigenergy Helped Power a UK Solar FirstThe UK’s first of its kind, Henry approved and powered by smarter energy ⚡At Numatic International’s facility in Chard, Somerset, Sigenergy technology is helping power the UK’s first commercial solar array using high-efficiency space-saving technology.SOMERSET, England, May 22, 2026 (GLOBE NEWSWIRE) — Sigenergy is helping redefine the future of industrial energy management in the UK, powering one of the country’s most intelligent and space-efficient commercial solar manufacturing...

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Global Ship Lease Reports Results for the First Quarter of 2026

Forward contract cover locked in for 100% of 2026 and 86% of 2027 Annualized dividend of $2.50 per Class A Common ShareOpportunistic monetization of selected non-core assets ATHENS, Greece, May 22, 2026 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2026. First Quarter Highlights and Other Recent Developments – 1Q 2026 operating revenue of $198.1 million. – 1Q 2026 net income available to common shareholders of $91.4 million, or $2.54 earnings per share (EPS). – 1Q 2026 normalized net income (a non-U.S. GAAP financial measure, described below)3 of $92.1 million, or $2.56 normalized EPS³. – 1Q 2026 Adjusted EBITDA (a non-U.S. GAAP financial measure,...

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Apollo Group signed an acquisition agreement for Lithuanian catering companies

22.05.2026 Apollo Group OÜ signed a share purchase agreement with Defood OÜ (registration code 171141185), by which Apollo Group OÜ will acquire 100% of the shares in the Lithuanian companies RESTORANI DVYLIKA UAB (Lithuanian registration code 307089481) for a price of 5,067,154 euros and CCF KAVINĖS UAB (Lithuanian registration code 307088123) for a price of 272,631 euros. The transaction, including the payment of the price, is subject to the necessary approval from the Lithuanian Competition Authority and the additional customary formalities. The transaction is in line with Apollo Group’s long-term growth goals and strategic expansion plans. This is an important strategic step that strengthens Apollo Group’s position in the Lithuanian market, adds a new restaurant format to the group’s portfolio and creates additional operational synergies. Currently,...

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