NEWARK, CA / ACCESS Newswire / February 24, 2026 / Protagonist Therapeutics, Inc. (“Protagonist” or the “Company”) today announced that Dinesh V. Patel, Ph.D., President and Chief Executive Officer, will participate in multiple investment bank conferences taking place in March 2026.
About Protagonist Protagonist Therapeutics is a discovery through late-stage development biopharmaceutical company. Two novel peptides derived from Protagonist’s proprietary discovery platform are currently in advanced Phase 3 clinical development, with a New Drug Application (NDA) for icotrokinra submitted to the FDA in July, and an NDA for rusfertide submitted in December 2025. Icotrokinra (formerly, JNJ-2113), is a first-in-class investigational targeted oral peptide that selectively blocks the Interleukin-23 receptor (“IL-23R”), which is licensed to Janssen Biotech, Inc., a Johnson & Johnson company. Following icotrokinra’s joint discovery by Protagonist and Johnson & Johnson scientists pursuant to the companies’ IL-23R collaboration, Protagonist was primarily responsible for the development of icotrokinra through Phase 1, with Johnson & Johnson assuming responsibility for development in Phase 2 and beyond. Rusfertide, a mimetic of the natural hormone hepcidin, is currently in Phase 3 development for the rare blood disorder polycythemia vera (PV). Rusfertide is being co-developed and will be co-commercialized with Takeda Pharmaceuticals pursuant to a worldwide collaboration and license agreement entered in 2024 under which the Company remains primarily responsible for development through NDA filing. The Company also has a number of preclinical stage drug discovery programs addressing clinically and commercially validated targets, including IL-17 oral peptide antagonist PN-881, obesity triple agonist peptide PN-477, and the oral hepcidin program.
More information on Protagonist, its pipeline drug candidates, and clinical studies can be found on the Company’s website at https://www.protagonist-inc.com.
ATLANTA, GEORGIA / ACCESS Newswire / February 24, 2026 / QumulusAI today announced leadership and board updates to support execution at scale as the company expands its hyper-distributed AI cloud platform and advances toward the public markets.
Steve Gertz has stepped down as Chairman of the Board to focus fully on his operational role as Chief Growth Officer. Mike Maniscalco, Chief Executive Officer, has been appointed Chairman of the Board. The company also announced the appointment of Dr. Homaira Akbari to its Board of Directors.
Gertz served as Chairman from February 2025 to February 2026 during a formative period in which QumulusAI established its operating foundation across GPU cloud services, modular data center infrastructure, and power-aligned deployment models. His transition to Chief Growth Officer in December 2025 formalized his day-to-day leadership role as the company entered a more execution-driven phase.
As Chief Growth Officer, Gertz is responsible for capital markets engagement, strategic customer and partner development, executive leadership support, and evaluation of inorganic growth opportunities.
“Steve has been operating as part of the leadership team for some time,” said Maniscalco. “This change clarifies the separation between governance and execution while keeping continuity where it matters.”
“As QumulusAI scales, growth has to keep pace with infrastructure velocity,” said Gertz. “My conviction in the company’s vision and execution is what led me to join the executive team, where I can focus on accelerating revenue, building strategic relationships, and expanding the ecosystems around our platform.”
QumulusAI also announced the appointment of Akbari to its Board of Directors, where she will serve on the Audit Committee and the Nominating and Corporate Governance Committee.
Akbari is President and CEO of AKnowledge Partners, advising Fortune 1000 companies and private equity firms on AI, cybersecurity, IoT, and energy transition. She previously served as President and CEO of SkyBitz and held senior leadership roles at Microsoft and Thales. She currently serves on the boards of Banco Santander, Landstar System, and Babcock & Wilcox Enterprises.
Akbari holds a Ph.D. in particle physics from Tufts University and is the author of The Cyber Savvy Boardroom .
“Homaira brings deep operating experience and strong public-company governance perspective,” said Maniscalco. “Her background in AI and cybersecurity is highly relevant as we scale infrastructure for enterprise workloads.”
“QumulusAI is tackling one of the defining infrastructure challenges of this decade,” said Akbari. “I’m pleased to guide the company as it scales responsibly and prepares for its next stage of growth.”
About QumulusAI
QumulusAI is a vertically integrated AI infrastructure company focused on delivering a distributed AI cloud by innovating around power, data center and GPU-based cloud services-the company delivers immediate access to high-performance computing with enhanced cost control, reliability, and flexibility. Machine learning teams, AI startups, research institutions, and growing enterprises can now scale their AI training and inference workloads quickly and cost effectively. For more information, visit https://www.qumulusai.com
This press release contains certain “forward-looking statements” that are based on current expectations, forecasts and assumptions that involve risks and uncertainties, and on information available to QumulusAI as of the date hereof. QumulusAI’s actual results could differ materially from those stated or implied herein, due to risks and uncertainties associated with its business and leadership changes. Forward-looking statements include statements regarding QumulusAI’s expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “intend,” “may,” “should,” “will” and “would” or words of similar import. Forward-looking statements include, without limitation, statements regarding future operating and financial results, QumulusAI’s plans, objectives, expectations and intentions, and other statements that are not historical facts. QumulusAI expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained in this press release to reflect any change in QumulusAI’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based in respect of its business, the strategic partnership or otherwise.
By Ladan Hosseinzadeh Sadeghi, President & CEO, Sky Property Group Inc.
TORONTO, ON / ACCESS Newswire / February 24, 2026 / I have spent more than three decades building things. Land. Buildings. Partnerships. Capital positions. And through all of it, I have developed a deep appreciation for one thing above almost all else: assets that hold their value when everything else is uncertain.
That appreciation has led me, like a growing number of serious developers I know, toward a perspective that might surprise people: gold and precious metals deserve a place in every sophisticated real estate developer’s portfolio strategy.
This isn’t contrarianism. It’s arithmetic.
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The Inflation Problem No One Is Finished Solving
The inflation of the past several years caught a lot of developers off guard, including some very experienced ones. Construction costs spiraled. Labour prices jumped. Material inputs – lumber, steel, concrete – became volatile in ways that upended pro formas that had looked airtight twelve months earlier.
Here’s what that period demonstrated: inflation is a real estate developer’s most persistent enemy, and traditional financial instruments – bonds, cash positions, even equities – do not reliably hedge against it. When the purchasing power of a dollar is eroding and your costs are denominated in dollars, you need stores of value that move differently.
Gold has been that store of value, reliably, across centuries and across radically different economic regimes. When central banks expand money supply, gold tends to rise. When inflation outpaces official targets, gold tends to rise. When geopolitical uncertainty spikes, gold tends to rise. For a developer navigating a multi-year project cycle, that counter-cyclical movement is not just philosophically appealing – it is strategically useful.
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What Tariffs and Trade Disruption Are Teaching Us About Supply Chains
The conversation around tariffs has sharpened considerably in recent months, particularly for Canadian developers working in an economy deeply integrated with – and increasingly in tension with – the United States. The implications for construction materials are direct and significant. When cross-border supply chains are disrupted, when steel and aluminum face new duties, when the cost of imported components climbs unpredictably, a developer’s input costs can move sharply and quickly.
This is precisely the environment where hard assets earn their keep.
Precious metals – gold, silver, platinum – are not subject to tariff regimes in the same way manufactured goods are. They trade on global commodity exchanges with pricing that reflects global supply and demand. They can be held in physical form or through well-structured financial instruments. They are liquid. And critically, they tend to perform well in exactly the kind of macro environment that puts pressure on real estate development margins: rising inflation, trade disruption, currency weakness, and elevated geopolitical risk.
—
The Relationship Between Real Estate and Commodity Cycles
Something I have observed over my decades in this industry is that real estate and commodity markets are not as independent as they might appear. They are both tied to the real economy in ways that create meaningful correlations at certain points in the cycle and meaningful divergences at others.
In a rising rate environment – the kind we have been navigating – real estate development faces headwinds from financing costs while commodity prices, particularly gold, often hold firm or appreciate. In a period of currency weakness, real property in major urban centres tends to retain value in nominal terms, but so does gold, which is priced in U.S. dollars globally and benefits directly when the greenback weakens.
What this means in practice is that a portfolio that includes both real estate and precious metals is not simply diversified in a superficial sense – it is diversified across two asset classes that respond to the same macro pressures differently and often beneficially. They are not perfectly inversely correlated, but the relationship is complementary in a way that reduces overall volatility in a developer’s balance sheet.
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A Practical Framework for Developer Diversification
I want to be clear about what I am advocating and what I am not. I am not suggesting that real estate developers abandon their primary business and speculate on commodity markets. That would be as misguided as a gold investor levering up into development projects without the operational expertise to execute them.
What I am suggesting is more measured: intelligent capital allocation that treats precious metals as a portfolio stabilizer rather than a core business. For a developer with significant illiquid positions – land under assembly, projects in entitlement, pre-construction equity – maintaining a meaningful allocation to liquid hard assets like gold is simply prudent treasury management.
The practical tools to do this have never been more accessible. Physical gold held in allocated accounts, gold ETFs for liquid exposure, silver and platinum for investors willing to accept more volatility in exchange for potentially higher returns, and gold-backed instruments for those who want currency-like liquidity with commodity-like characteristics – these are all well-established instruments with deep markets.
The key discipline is treating this allocation as a hedge, not a trade. Set a target allocation – often discussed as five to fifteen percent of a developer’s liquid reserves, though circumstances vary enormously – and maintain it through rebalancing rather than trying to time gold’s movements against real estate cycles.
—
Why Now Matters
The confluence of factors we are navigating in 2026 makes this conversation particularly timely. Construction cost inflation remains elevated. Trade policy uncertainty is creating material supply chain risk. Currency markets are volatile. Central banks globally have been net buyers of gold for several consecutive years – a signal worth paying attention to.
The developers I respect most in this industry are not the ones who succeeded in one market cycle. They are the ones who built organizations and balance sheets that survived multiple cycles, including the difficult ones. They did it by being excellent at their core business and disciplined about protecting capital from the risks they could not fully control.
Gold and precious metals are one tool in that toolkit. Not the only one. Not always the most important one. But in the current environment, one that deserves a serious look – and a real allocation.
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The views expressed in this article are those of the author and do not constitute financial or investment advice. Individuals should consult their financial advisors before making investment decisions.
LOS ANGELES, CA / ACCESS Newswire / February 24, 2026 / UWGEAM LLC announces the release of Darrell Kelley’s latest single **”Sick of This”**, a Hip-Hop and R&B track now available on major streaming platforms including Spotify, SoundCloud, and YouTube. The song, which has garnered attention for its focus on unity and ending violence in communities, builds on Kelley’s catalog exceeding **10 million SoundCloud plays**.
**”Sick of This”** addresses cycles of harm in marginalized communities, urging cooperation over conflict through lyrics delivered with emotional clarity and conviction. The production features a danceable beat supporting Kelley’s passionate vocals, designed for broad accessibility and repeated listens.
Darrell Kelley, an Atlanta-based singer, songwriter, performer, social activist, spiritual leader, author, and entrepreneur, transitioned from Gospel roots to contemporary R&B and Hip-Hop. His releases, including recent tracks like **”Kamala”** and a cover of Gladys Knight’s **”Neither One of Us”**, consistently tackle social and economic themes.
Kelley founded **Viral Records** and owns **Soul Delicious Grill and Buffet**, integrating his entrepreneurial ventures with music and activism. UWGEAM LLC recently recognized him during Black History Month for contributions to cultural awareness and community empowerment.
Operationalizes human-in-the-loop AI-assisted decisions through a secure system-of-record that captures real-time decision traces and context
ARLINGTON, MA / ACCESS Newswire / February 24, 2026 / Axonis, developers of the federated AI infrastructure platform that enables enterprises to run AI directly on distributed, sensitive, and real-time production data, today announced Axonis Decision Intelligence, a new platform capability that enables enterprises to operationalize AI-assisted decision-making at scale by capturing and preserving the full context behind how decisions are made in a living system of record. While AI systems have become adept at generating answers, recommendations, and predictions, they lack a reliable way to explain how a specific decision was made in a given situation, particularly when data spans multiple systems, teams, and policies. Axonis Decision Intelligence closes this gap by providing enterprises with the guardrails required to connect AI output to accountability, while maintaining ownership of valuable context and human-in-the-loop accountability.
“To operationalize AI at scale, enterprises need more than answers; they need a trusted decision workflow that they own,” said Todd Barr, CEO of Axonis. “Every time a member of your team works with AI, they’re creating valuable context around how decisions are made, which data matters, and how judgment is applied. In the enterprise, that context is institutional knowledge and often trade secrets. You would never give away your dashboards or decision logic to a third party, yet that’s effectively what happens when AI-assisted work lives outside your control. Axonis Decision Intelligence ensures the intelligence created through AI-assisted decisions remains an enterprise asset that can be trusted, defended, and reused.”
Axonis Decision Intelligence is built on Axonis’ AI-native federated architecture, which brings AI to the data rather than centralizing sensitive information. The platform operates across cloud, on-prem, edge, air-gapped, and intermittently connected environments, enforcing security, policy, and access controls where data already lives. With this release, the company also introduces Axonis enterprise federated MCP, its secure, federated implementation of the Model Context Protocol (MCP).
Because Axonis sits directly in the execution path where data is accessed, policies are evaluated, and actions are taken, it can capture the full decision context as it unfolds. This structural position allows Axonis to record decision traces in a real-time context graph, rather than reconstructing them later through logs or ETL pipelines.
“Modern application development is hitting a ‘trust wall’ where the speed of AI output is outstripping an enterprise’s ability to govern it,” said Paul Nashawaty at theCUBE Research. “Our research shows that while 2025 was the year of AI experimentation, 2026 is the year of accountability. Axonis is addressing the critical missing link in the stack: a living system of record that treats the ‘why’ behind a decision as a durable asset. By embedding the Model Context Protocol (MCP) into a federated architecture, Axonis isn’t just making AI faster; they are making it auditable and sovereign, which is the only way highly regulated industries will ever move from AI pilots to full-scale operational reality.”
Axonis Decision Intelligence: Always-On Context Artifacts As professionals increasingly work with AI systems as thought partners, each interaction generates valuable decision context. That context is fragmented across chats, dashboards, and external AI tools, leaving it unowned, unmanaged, and difficult to protect. Axonis Decision Intelligence addresses this gap by capturing every AI-assisted decision as a first-class object, creating a durable record of how the decision was formed.
Barr elaborates, “When a decision is made, the context behind it shouldn’t disappear. In Axonis, every AI-assisted decision becomes an object that captures the data sources used, the interaction with the AI, and the human judgment applied. Because that context spans the federation, it remains connected to reality over time. That’s what it means to have always-on context, and it’s essential for trusting AI in real operations and creating better business outcomes.”
Enterprise AI-Assisted Decision-Making at Scale
Axonis Decision Intelligence provides an intuitive, fully customizable role-aware interface designed for everyday decision-makers. Operators, analysts, clinicians, case managers, and risk professionals can review evidence, apply judgment, and formally attest decisions, creating an explicit record of who approved what, and why. Security and governance are enforced automatically in the background.
Axonis enables AI assistants to assemble relevant evidence and insights across systems, while human decision-makers apply judgment and formally attest outcomes. Axonis captures the full decision context, data, reasoning, and approval, creating a durable record that can be reviewed, defended, and replayed over time.
Secure Model Context Protocol
Axonis extends MCP beyond basic connectivity into an enterprise-grade control plane that governs how agents access data, invoke actions, and contribute to decisions, while enforcing security, policy, and accountability at every step.
Unlike standalone MCP deployments that require organizations to bolt security and governance on afterward, Axonis embeds MCP directly into its federated AI platform. Every agent interaction flows through Axonis’ secure backend, where data-level security, attribute-based authorization, and role-aware access controls are applied consistently across humans, models, and agents. There is no implicit trust between tools, systems, or workflows, ensuring that AI-assisted actions operate strictly within enterprise policy.
Built for Every Enterprise: Retail, Supply Chains, Finance, Health, Government
Axonis federated architecture allows enterprise organizations to deploy AI agents across teams and functions using a single governed interface, while also supporting environments with strict compliance, data sovereignty, and regulatory requirements. Because Axonis operates directly on distributed data where it lives, enterprises can scale agent-based intelligence without centralizing sensitive information or exposing proprietary data.
About Axonis Axonis brings AI to the data, wherever that data lives. Originally developed inside a US government solutions provider to the U.S. Department of Defense and Intelligence Community, Axonis enables secure, real-time AI on production, operational, sovereign, and edge data without moving the data. Axonis accelerates time-to-AI value while providing zero-trust, data-level security, and enabling cross-organization AI collaboration without sharing data.
AUSTIN, TEXAS / ACCESS Newswire / February 24, 2026 / Interactive Strength Inc. (Nasdaq:TRNR) (“TRNR” or the “Company”), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, today published a commercial update on activities across the FORME and Wattbike brands and their expansion in both the golf and college verticals. Shareholders can find the detailed description of increasingly integrated brand activities on the IR homepage or at https://interactivestrength.com/commercial-update-forme-wattbike-pga/
Interactive Strength Inc. (Nasdaq:TRNR) has established a leading portfolio of premium fitness brands – Wattbike, CLMBR, and FORME – that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.
Wattbike offers a range of high-performance indoor bikes that set the global standard in cycling. Known for unmatched accuracy, realistic ride feel, and advanced performance tracking, Wattbike is trusted by elite athletes, national teams, and fitness enthusiasts around the world.
CLMBR redefines the next-generation vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout that’s both efficient and effective.
FORME delivers strength, mobility, and recovery training through immersive content, performance-grade hardware, and expert coaching. Its wall-mounted systems include the Studio, a smart fitness mirror for guided programming and live 1:1 personal training, and the Lift, which adds smart resistance cable training-ideal for high-performance environments and sport-specific development.
From elite performance to everyday wellness, our ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.
Forward Looking Statements:
This press release includes certain statements that are “forward-looking statements” for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management’s assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”, “may”, “should”, “will”, “would”, “will be”, “will continue”, “will likely result” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: market and other conditions, demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
New service unifies vulnerability identification and remediation to reduce exposure across industries and organizations.
RAMSEY, NJ / ACCESS Newswire / February 24, 2026 / All Covered, a division of Konica Minolta and a leading provider of managed IT and cybersecurity services across North America, today announced the launch of its Vulnerability Remediation service, an ongoing managed offering designed to help organizations continuously identify, prioritize, and remediate security vulnerabilities before they can be exploited. The new service responds to growing demand from organizations across the nation, including highly regulated industries such as healthcare, finance, and legal, where compliance requirements and evolving threat activity have made point-in-time vulnerability fixes insufficient.
The launch addresses a persistent gap in the managed services market, where vulnerability remediation often falls between MSP and MSSP responsibilities. Traditional MSPs tend to approach remediation as ad-hoc projects, while MSSPs frequently rely on automated scanning and patching without hands-on execution. By operating as both an MSP and MSSP, All Covered’s Vulnerability Remediation service bridges this divide by combining continuous vulnerability identification and expert-led remediation within a single, ongoing managed service, reducing handoffs, eliminating duplicated effort, and establishing clear accountability.
“Too many organizations are frustrated, trying to manage vulnerabilities across disconnected tools and providers, with no one fully responsible for closing the loop,” said Tara Swart, Director of Defensive Security & Compliance at All Covered. “That fragmentation creates delay, increases risk, and leaves known issues open far longer than they should be.”
The company’s internal research has shown that organizations that fail to remediate vulnerabilities quickly are more frequently targeted by cyber attackers, aligning with broader industry analysis revealing that only 2% of organizations report having fully implemented cyber resilience measures even as cyber risk climbs. Cybercrime tactics have evolved rapidly in recent years, driven in part by the rise of AI-enabled cybercrime-as-a-service models that allow attackers to weaponize new vulnerabilities at unprecedented speed.
The Vulnerability Remediation service is designed for organizations of all sizes that require continuous security assurance, with particular value for those operating under strict regulatory and compliance frameworks. It also supports organizations preparing for audits, recovering from security incidents, or managing risk with limited in-house security resources. Common vulnerability patterns addressed by the service include configuration and system hardening gaps, delayed or incomplete patching, outdated or unsupported software, shadow IT, missing firmware and BIOS updates, weak or expired certificates, and unmanaged or forgotten internet-facing assets. By centralizing responsibility for monitoring, prioritization, and remediation, the service reduces operational burden while improving security posture and compliance readiness.
“The highest risk organizations are often the ones unaware of vulnerabilities that fall outside standard patching,” said Swart. “There’s a widespread misconception that patching equals remediation, or that every vulnerability requires the same response. In reality, effective remediation is about visibility, prioritization, and expert judgment.”
The launch supports All Covered’s broader defense-in-depth security strategy, delivering integrated managed IT and managed security services through a layered, prevention-focused approach. Ongoing vulnerability management is a critical component of this model, helping reduce exposure across multiple layers of the environment.
Organizations interested in learning more about All Covered’s Vulnerability Remediation service or speaking with security leadership about evolving vulnerability risk, compliance pressures, and remediation best practices can visit https://www.allcovered.com/.
ABOUT ALL COVERED:
All Covered, a division of Konica Minolta, is a leading provider of managed IT and cybersecurity services and solutions for organizations across North America. Since 1997, All Covered has leveraged its collective industry experience, ranging from IT consulting to cybersecurity and cloud, to empower businesses across various industries including healthcare, legal, finance, and commercial with cutting-edge technology solutions. As both a Managed Service Provider (MSP) and Managed Security Service Provider (MSSP), All Covered delivers robust technology infrastructure solutions for organizations of all sizes and needs, with a sharp focus on cybersecurity. Learn more at https://www.allcovered.com/.
Ledgera™ Cross-Chain Settlement and PerpetualPay.Net® Non-Custodial Gateway Target Institutional and Merchant Adoption on Bitcoin, Ethereum, Litecoin, and Stablecoins
TOKYO, JP / ACCESS Newswire / February 24, 2026 / Perpetuals.com Ltd (Nasdaq:PDC) (the “Company”), a financial technology company operating regulated financial and crypto services, today launched two proprietary, revenue-generating platforms: Ledgera™ (cross-chain settlement layer) and PerpetualPay.Net® (non-custodial crypto payment gateway). Both deliver quantum-resilient security to future-proof against quantum computing threats and up to 100x transaction cost savings compared to certain traditional blockchain operations.
Ledgera unifies validation and settlement across major Layer-1 blockchains (Bitcoin, Ethereum, Litecoin) and stablecoins (USDC, USDT), designed to deliver institutional-grade performance.
Key highlights:
Seamless cross-chain settlement via unified abstraction and dedicated validation layer
Quantum-resilient cryptography for long-term asset protection
Millisecond settlements with full Layer-1 finality and auditability (Layer-2 speed + Layer-0 validation)
Proprietary batching and smart-routing for up to 100x fee reduction
True zero-access, self-custody architecture – clients retain full asset sovereignty
Real-time unified dashboard for analytics, controls, and multi-chain oversight
“Ledgera is designed to address the speed-vs-security and decentralization-vs-compliance challenges in digital assets,” said Patrick Gruhn, co-CEO. “It is designed to abstract Layer-1 complexity into a unified engine for institutional performance, self-custody, and reach across key chains.”
PerpetualPay.Net: Non-Custodial Crypto Payments at True Scale Built atop Ledgera, PerpetualPay.Net enables businesses and individuals to accept and settle crypto payments directly to their own wallets-no custody or intermediaries.
Key highlights:
Rotational wallet architecture intelligently batches settlements for up to 100x lower fees vs. single-use addresses
Fully non-custodial – Perpetuals.com never holds or controls funds
Sub-second validation powered by Ledgera cross-chain indexers
Enterprise compliance: Travel Rule metadata, automated KYT, full audit trails
White-label ready for EMIs, PSPs, brokers, and platforms
Optional DEX swaps and licensed fiat on/off-ramps for integrated liquidity
“PerpetualPay.Net is designed to reduce crypto payment costs,” Gruhn added. “Traditional gateways force expensive per-transaction Layer-1 settlements. Our smart batching is designed to deliver significant efficiency gains-fully non-custodial, compliant, and enterprise-hardened.”
Quantum-Resilient Vault Integration: Both platforms integrate seamlessly with Perpetuals Vault, the company’s self-custody system enhanced by quantum-resilient protocols. This includes warm/cold storage, multi-sig authorization, and audit trails meeting strict institutional and regulatory standards-designed to enhance asset protection.
Complete Digital Asset Infrastructure Stack. The dual launch completes Perpetuals.com’s unified stack:
Platform
Function
Target Market
Ledgera
Cross-chain settlement layer
Institutions, exchanges, fintech platforms
PerpetualPay.Net
Non-custodial payment gateway
Merchants, e-commerce, PSPs, individuals
Perpetuals Vault
Quantum-resilient custody
Enterprise, institutional, retail
All three platforms are now commercially available and accessible via the company’s redesigned website at www.perpetuals.com.
About Perpetuals.com Ltd
Perpetuals.com Ltd (NASDAQ:PDC) is a financial technology company combining blockchain infrastructure and artificial intelligence to transform digital asset trading. The Company develops and operates Kronos X®, a proprietary multi-asset exchange platform and blockchain-based settlement solution fully compliant with European regulations including MiFID II, MiCA, DORA, and EMIR. The Company provides financial market infrastructure as a service from Equinix FR2 in Frankfurt, Germany, alongside Eurex and Xetra, enabling clients to operate 24/7 trading of crypto spot, derivatives, tokenized securities, and structured products.
The Perpetuals.com team pioneered regulated tokenized financial products, including Pre-IPO contracts for Coinbase, Airbnb, and Robinhood-as reported by Forbes-as well as tokenized stocks traded on major exchanges. Building on machine learning analysis of millions of retail trade transactions, the Company has developed AI-powered risk intelligence designed to analyze trading patterns in real-time.
Trademark Information: Kronos X® is a registered trademark in the European Union under filing number 019097099 and a pending trademark registration in the United States. Perpetuals.com™ is the subject of a pending trademark application in the European Union under filing number 019186468. Ledgera™ is pending trademark registration in the United State and Europe. PerpetualsPay.Net™ is a registered trademark in the European Union and the United Kingdom. BayesShield™ is a pending trademark registration in the European Union and the United States.
Forward-Looking Statements: This press release contains forward-looking statements as defined within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements set forth in the Company’s filings with the Securities and Exchange Commission. Words such as “expect”, “will”, “positions”, “advancing”, “aligning”, and other similar expressions may indicate forward-looking statements, though not all forward-looking statements contain such words. These statements reflect the Company’s current view with respect to future events, are subject to risks and uncertainties that could cause actual results to differ materially, including regulatory approvals, completion of the announced transaction, market conditions, and risks detailed in the Company’s SEC filings, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social uncertainties, and contingencies. Should one or more of these risks or uncertainties materialize, or should the assumptions set out by the Company underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law.
PHILADELPHIA, PA / ACCESS Newswire / February 13, 2026 / Datavault AI Inc. (NASDAQ:DVLT) (“Datavault AI” or the “Company”), a provider of data monetization, credentialing, digital engagement, and real-world asset tokenization technologies, today announced that its board of directors (the “Datavault Board”) has changed the distribution date for the previously announced dividend (the “Distribution”) of warrants (the “Warrants”) to purchase shares of Datavault AI common stock, par value $0.0001 per share (the “Common Stock”), to eligible record holders (“Record Holders”) of Common Stock and other equity securities of Datavault AI to February 23, 2026 (the “Distribution Date”) from February 21, 2026. The record date for the Distribution remains January 7, 2026 (the “Record Date”).
The Record Date and/or the Distribution Date for the Distribution may be changed by the Datavault Board for any reason at any time prior to the actual Distribution Date, and completion of the Distribution is conditioned upon the Datavault Board having not revoked the Distribution prior to the Distribution Date, including for a material change to the solvency or surplus analysis presented to the Datavault Board.
Warrant Terms
The Warrants will be issued without any action required by Record Holders and without any payment of cash or other consideration.
Eligibility: Record Holders are the holders of the following Datavault AI securities, in each case, as of the close of business on the Record Date:
Common Stock;
certain warrants to purchase Common Stock that have the right to participate in the Distribution pursuant to their respective terms;
certain convertible promissory notes of Datavault AI that have the right to participate in the Distribution pursuant to their respective terms; and
certain equity awards and/or grants that are issued and outstanding as of the Record Date and which were granted under Datavault AI’s stock option plan, stock incentive plan or other equity incentive plans that have not been exercised or converted and settled (or, in the case of restricted stock awards, that have not yet vested) as of the Record Date that are entitled to participate in the Distribution pursuant to the terms of their respective awards and/or grants.
Distribution Ratio: The Distribution will be made to the Record Holders on the basis of one Warrant to purchase one share of Common Stock for every 60 shares of Common Stock held (or, for securities other than Common Stock, shares of Common Stock underlying such other equity securities of Datavault AI held, subject to the contractual terms of such securities) by such holders as of the close of business on the Record Date (rounding down to the nearest increment of 60 shares).
Exercise Price: Each Warrant will entitle the holder to purchase one share of Common Stock (each, a “Warrant Share”) at an exercise price of, initially, $5.00 per share (the “Exercise Price”) at any time and from time to time following the Distribution Date until the expiration of the Warrants. The Exercise Price will be subject to adjustment in connection with certain events including: (i) stock dividends, splits, subdivisions, reclassifications and combinations; (ii) rights issues; (iii) other distributions and spin-offs; and (iv) fundamental transactions (in each case, as will be set forth in the Warrants).
Exercise Method: Cash exercise only; however, if there is no effective registration statement registering, or the prospectus contained therein is not available for, the issuance of the Warrant Shares upon exercise of the Warrants to the holder, the Warrants may only be exercised pursuant to the “cashless exercise” provisions of the Warrants.
Conditions to Exercise: The exercise of the Warrants will be conditioned upon the requirement that the beneficial owner of each such Warrant: (a) holds one Dream Bowl Meme Coin II token per Warrant requested to be exercised; and (b) each such Dream Bowl Meme Coin II token is held in a digital wallet within a Datavault account, in each case, as of the date the applicable “Notice of Exercise” in the form attached to the Warrants (each, a “Notice of Exercise”) is delivered to the VStock Transfer, LLC, as warrant agent for the Warrants (such conditions, the “Warrant Exercise Conditions”). Datavault AI has made separate announcements and filings with the Securities and Exchange Commission (the “SEC”) regarding the Dream Bowl Meme Coin II tokens and Record Holders are encouraged to read such announcements and filings for more information regarding such tokens.
No Notice of Exercise will be deemed validly delivered unless it specifies a valid and accurate digital wallet address, indicates the number of Dream Bowl Meme Coin II tokens held in such wallet, which number will be subject to verification by Datavault AI, and sets forth the email address associated with the applicable holder’s Datavault account. Verification of the Warrant Exercise Conditions may take up to five trading days from the date on which Datavault AI receives the applicable Notice of Exercise. These and/or any other conditions to the exercise of the Warrants will be set forth in the Warrants themselves.
Transfer Restrictions: The Warrants may not be transferred, assigned or sold, except under limited circumstances to be set forth in the Warrants, including by gift to an immediate family member or trust, by virtue of laws of descent and distribution upon death or pursuant to a qualified domestic relations order.
Expiration: 5:00 p.m. New York City time on the date that is the one-year anniversary of the Distribution Date.
Record Holders are encouraged to review the information available in the document containing questions and answers regarding the dividend and the Warrants that was filed as Exhibit 99.2 to the Company’s Current Report on Form 8-K filed with the SEC on February 13, 2026.
No Offer or Solicitation
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Datavault AI intends to file a prospectus supplement to its base prospectus, dated as of July 9, 2025 (such prospectus supplement, together with the base prospectus, the “Prospectus”), accompanying its shelf registration statement on Form S-3 (File No. 333-288538) filed with the SEC on July 7, 2025, and declared effective on July 9, 2025, registering the distribution of the Warrants for no consideration and the issuance of the Warrant Shares upon exercise of the Warrants with the SEC, which Prospectus will be available on the SEC’s website located at http://www.sec.gov. Record Holders should read the Prospectus carefully when it is filed with the SEC, including the Risk Factors included and incorporated by reference therein.
About Datavault AI
Datavault AI™ (Nasdaq:DVLT) leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment. The Company’s cloud-based platform delivers comprehensive solutions through its collaborative Acoustic Science and Data Science Divisions. Datavault AI’s Acoustic Science Division includes WiSA®, ADIO®, and Sumerian® patented technologies for spatial and multichannel wireless HD sound. The Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange® (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity. Datavault AI’s customizable technology suite offers AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. Headquartered in Philadelphia, PA. Learn more at www.dvlt.ai.
Forward-Looking Statements
This press release may contain “forward-looking statements” (within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. (“Datavault AI,” the “Company,” “us,” “our,” or “we”) and our industry that involve risks and uncertainties. In some cases, forward-looking statements can be identified by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding our declaration and/or payment of dividends, our expectations regarding the terms and/or timing of the Distribution (including that the Datavault Board may change the Record Date and/or the Distribution Date and may revoke the Distribution entirely), the expiration date of the Warrants and any conditions to the exercise of the Warrants, including, without limitation, the Warrant Exercise Conditions, our intention to file a prospectus supplement registering the distribution of the Warrants for no consideration and the issuance of the Warrant Shares upon exercise of the Warrants with the SEC, and whether we will proceed with the Distribution, are necessarily based upon estimates and assumptions that, while considered reasonable by Datavault AI and its management, are inherently uncertain. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein. There can be no assurance that future dividends will be declared, and the payment of any dividend is expressly conditioned on the Datavault Board not revoking any or all dividends before their respective distribution dates. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: risks related to legal proceedings that may be instituted against Datavault AI regarding the Distribution and/or the Warrants; risks associated with the right of the Datavault Board to change the Record Date and/or the Distribution Date, and/or to revoke the Distribution prior to the Distribution Date; the availability from time to time of the Prospectus and/or an effective registration statement covering the issuance of the Warrant Shares; changes in economic, market or regulatory conditions; and other risks and uncertainties as more fully described in Datavault AI’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2024 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC’s website at www.sec.gov , and could cause actual results to vary from expectations.
The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI’s forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments it may make.
VANCOUVER, BC / ACCESS Newswire / February 13, 2026 / Gemdale Gold Inc. (TSXV:GEMG) (“Gemdale Gold” or the “Company“) is pleased to announce the closing of a strategic investment by Eldorado Gold Corporation (“Eldorado“) by way of a non-brokered private placement (the “Offering“).
The Offering consisted of the issuance of 2,000,000 units of the Company (the “Units“) at a price of C$1.20 per Unit for aggregate gross proceeds of C$2,400,000. Each Unit consists of one common share of the Company (a “Common Share“) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant“). Each Warrant entitles the holder to purchase one additional Common Share at a price of C$1.50 for a period of 24 months from the date of issuance. No finder’s fees or commissions were paid in connection with the Offering. The gross proceeds of the Offering are intended to be used to advance the Company’s exploration properties in Finland and for general corporate purposes.
In connection with the Offering, the Company and Eldorado entered into an investor rights agreement (the “IRA“) pursuant to which Eldorado has been granted certain customary rights, including participation rights in future equity financings of the Company, a right of first refusal with respect to certain dispositions of project-level interests, and the right to appoint a representative to participate on a technical committee of the Company, each subject to customary conditions.
Dr. Toby Strauss, President and Chief Executive Officer of Gemdale Gold commented, “We are pleased to welcome Eldorado as a new shareholder and strategic partner. Their investment supports the continued advancement of our exploration portfolio in Finland, and we value the technical depth and operational experience they bring as we move into the next phase of growth for the Company”.
Completion of the Offering is subject to the receipt of all necessary regulatory approvals include the approval of the TSX Venture Exchange. The securities issued and issuable pursuant to the Offering are subject to a statutory hold period of four months and one day in accordance with applicable securities laws.
Early Warning Notice
Prior to the Offering, Eldorado did not beneficially own or control any Common Shares. Following the Strategic Investment, Eldorado beneficially owns and controls 2,000,000 Common Shares and 100,000,000 Warrants representing approximately 9.5% of the outstanding Common Shares on a non-diluted basis and approximately 13.6% on a partially diluted basis assuming full exercise of the Warrants. Eldorado’s acquisition of the Common Shares is for investment purposes. Eldorado has no current plans or intentions that relate to, or would result in, the matters listed in clauses (a) to (k) of Item 5 of Form 62-103F1 Required Disclosure Under the Early Warning Requirements. Eldorado may, subject to applicable law and depending on market and other conditions and the availability of other investment and business opportunities, increase or decrease its beneficial ownership of the Company’s securities, whether in the open market, by privately negotiated agreements or otherwise, or may develop such plans or intentions in the future. This disclosure is provided pursuant to Multilateral Instrument 62-104, which also requires an early warning report to be filed containing additional information with respect to the foregoing matters. A copy of the early warning report will be available on SEDAR+ under the Company’s issuer profile at www.sedarplus.ca and may be obtained upon request from Eldorado by contacting Eldorado at: 1188 – 550 Burrard Street, Bentall 5, Vancouver, British Columbia, V6C 2B5 Attention: Lynette Gould, VP, Investor Relations, Communications & External Affairs; Telephone number: 647 271 2827 or 1 888 353 8166.
About Eldorado Gold Corporation
Eldorado is a gold and base metals producer with mining, development and exploration operations in Canada, Greece and Türkiye. Eldorado has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado’s common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
About Gemdale Gold
Gemdale Gold Inc. is a mineral exploration company focused on gold and critical minerals in Finland. Over the past eight years as a private company, the Company has assembled a portfolio of exploration licenses located in established and emerging mineral districts.
The Company’s flagship asset is the Pontio Gold Project in Western Finland, where more than 10,000 metres of drilling have been completed to date, primarily along the “M2 Trend”. Drilling has intersected near-surface gold mineralization along an interpreted strike length of approximately four kilometres. The Company intends to undertake an additional drill program to further delineate known zones of mineralization. Additional technical information about the Pontio Gold Project is contained in the Company’s technical report entitled “NI 43-101 Technical Report on the Pontio Project, Central Ostrobothnia, Finland“, available under the Company’s profile on SEDAR+.
The Company’s wholly owned principal projects include:
Pontio Gold Project (Western Finland): Historical and recent drilling has outlined near-surface gold mineralization along a multi-kilometre trend that remains open along strike and at depth.
Isoneva (Western Finland): Exploration stage gold project located proximal to extensive boulder train anomalies. The property is subject to an option agreement (the “Isoneva Option“) with Nordique Resources Inc. (“Nordique“) pursuant to which Nordique may earn a 100% interest by, among other things, funding exploration expenditures over a three-year period and making additional financial commitments to the Company. For more information on the Isoneva Option, please see the Company’s final long form prospectus dated January 30, 2026 under the heading “Business of the Corporation – January 1, 2025 to the date hereof“.
Lapland Projects (Northern Finland): A group of exploration permits and applications located within a recognized gold and base-metal exploration region, in proximity to several recent regional discoveries.
Kumiseva (Western Finland): Copper-nickel-platinum-palladium exploration license where historical government drilling has been completed.
Savo / Rantasalmi (Southeastern Finland): Exploration license application area containing a historical inferred resource estimate prepared by a prior operator of 3.23 million tonnes grading 2.7 g/t gold for approximately 276,000 ounces of gold (see the Company’s news release dated May 15, 2023). The resource estimate is considered historical in nature, and a qualified person has not completed sufficient work to classify the historical estimate as current mineral resources or mineral reserves. The Company is not treating the historical estimate as current mineral resources or mineral reserves, and the historical estimate should not be relied upon.
Dr. Toby Strauss (CGeol.; EurGeol.), Director, President and CEO is the Qualified Person as defined by National Instrument 43-101. Dr Strauss has verified the data supporting this news release and was the Qualified Person responsible for the referenced press releases. Dr. Strauss is responsible for the accuracy of technical information contained in this news release and has reviewed and approved the technical information contained within.
ON BEHALF OF GEMDALE GOLD INC
“Dr. Toby Strauss“
President & CEO
For Further Information Please Contact:
Mr. Paul Durham, MSc. Director and EVP Corporate Development Cell: +1 203-940 2538 Email: paul.durham@gemdale.eu
Neither the 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.
This news release contains certain “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking information”). Forward-looking information includes, but is not limited to, statements regarding the Offering and the completion and use of proceed thereunder, the Company’s exploration and development plans, anticipated drill programs, potential mineralization, resource estimates, future financing plans, use of proceeds, regulatory approvals, market conditions and the Company’s future business objectives. Forward-looking information is generally identified by the use of words such as “plans,” “expects,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates,” “believes,” or variations of such words and phrases, or statements that certain actions, events or results “may,” “could,” “would,” “might” or “will” occur or be achieved.
Forward-looking information is based on a number of assumptions that management believes to be reasonable at the time such statements are made, including, without limitation, assumptions regarding the availability of capital, the receipt of required regulatory approvals, the continuation of favourable market conditions, the accuracy of historical and technical data, and the Company’s ability to execute its exploration and development plans as currently contemplated. However, forward‑looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking information. Such factors include, without limitation, risks related to exploration and development activities, commodity price fluctuations, availability of financing, regulatory approvals, environmental and permitting risks, operational risks, and general economic and market conditions.
Accordingly, readers should not place undue reliance on forward-looking information. Although the Company believes the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
