Category: Partners

• XCF, Southern Energy, and DevvStream to explore developing a unified commercial platform combining fuel supply, logistics, and environmental-attribute value for aviation and industrial customers

• The parties believe that the partnership has the potential to advance HEFA and next-generation biomass-to-methanol-to-jet SAF pathways

• The parties intend to jointly evaluate the future development of New Rise Louisiana, a SAF facility comparable in size to XCF’s New Rise Reno facility of ~40 million gallons

HOUSTON, TX / ACCESS Newswire / December 12, 2025 / XCF Global, Inc. (“XCF”) (Nasdaq:SAFX); Southern Energy Renewables Inc. (“Southern”); and DevvStream Corp. (“DevvStream”) (Nasdaq:DEVS) (together “the parties”) today announced a non-binding tripartite memorandum of understanding (“MOU”) to jointly explore the potential development of a next-generation low-carbon fuels platform designed to accelerate SAF adoption, expand domestic capacity, and integrate environmental-attribute monetization into a unified customer offering.

By 2030, the U.S. SAF market is projected to reach nearly $7 billion, while global demand is expected to exceed 5.5 billion gallons, supporting a global market of more than $25 billion. By that time, approximately 4 billion people are expected to live in countries that utilize SAF for air transportation. Looking ahead to 2050, the global SAF market could exceed $250 billion. This collaboration is intended to position the parties around a unified platform that directly supports this long-term growth.

The collaboration would seek to increase long-term SAF supply across multiple production pathways while advancing the transparency and commercialization of environmental attributes. As part of the negotiation of a binding agreement, the parties expect to evaluate the commercial viability of developing a HEFA-based SAF facility in Louisiana.

Potential Unified Commercial Platform and Strategic Integration

The parties intend to negotiate a definitive collaboration agreement which, if executed, would create a collaborative venture that intends to develop a unified commercial platform that enables customers to procure fuel, logistics services, and environmental-attribute value through a single integrated offering. If developed, this structure would be expected to simplify procurement, improve pricing efficiency, and enhance long-term customer retention across the aviation and industrial markets.

Chris Cooper, Chief Executive Officer of XCF Global, said:

“This collaboration has the potential to create the foundation for a first-of-its-kind, fully integrated low-carbon fuels platform – linking production, logistics, and environmental-attribute systems into a seamless value chain. If we succeed in combining Southern’s developmental stage biomass-to-methanol-to-jet technology, DevvStream’s environmental-attribute and digital MRV capabilities, and XCF’s HEFA production and commercial infrastructure, we see the potential to build a revolutionary end-to-end system that unlocks new value for customers and potentially accelerate the scaling of SAF in a disciplined, capital-efficient way.

“Our goal is to modernize how low-carbon fuels are produced, certified, and delivered – not as isolated components, but as an integrated solution aligned with the needs of global aviation and corporate sustainability programs.”

Potential Environmental-Attribute Monetization and Digital Infrastructure

A core component of the potential collaboration is expected to be the integration of environmental-attribute capabilities, including voluntary and compliance carbon credits, CORSIA units, renewable energy certificates, digital MRV solutions, and tokenized environmental-attribute tracking systems. Under the MOU, DevvStream is expected to lead the generation, verification, and monetization of environmental assets associated with the potential platform’s low-carbon fuels.

The parties plan to work towards jointly evaluating solutions to help customers capture, verify, and monetize environmental attributes, including LCFS credits, RINs, and benefits under 45Z/45Q. The parties also plan to evaluate lifecycle analysis (“LCA”) methodologies and carbon-intensity optimization systems which may strengthen project economics and support high-integrity SAF development.

Carl Stanton, Chairman of DevvStream, said:

“Integrating environmental assets directly into the fuel value chain is essential to accelerating SAF deployment. This collaboration has the potential to bring together three distinct strengths – XCF’s production expertise, Southern’s developing advanced biomass platform, and DevvStream’s environmental-asset monetization capabilities – to help improve project economics while giving airlines confidence in the integrity of their SAF purchases.”

Potential Multi-Pathway SAF Collaboration and Offtake Framework

The parties intend to explore a long-term offtake framework under which XCF could purchase SAF which will eventually be produced by Southern, subject to mutual agreement on commercial terms, in order to capitalize on long-term global demand for SAF.

A key anchor for the potential collaboration is Southern’s planned biomass-to-fuel facility in Louisiana, expected to produce approximately 28 million gallons of SAF and 220 kilotons of methanol per year, supported by an estimated $1.4 billion total project investment, according to Southern.

The parties further intend to explore multiple SAF production pathways with the goal of accelerating the adoption of SAF worldwide to address the forecasted industry demand noted above, including:

• Southern’s in-development, next-generation biomass-to-methanol-to-jet SAF platform;

• XCF’s HEFA-based SAF platform; and

• Joint carbon-intensity and co-product optimization strategies

Jay Patel, Chief Executive Officer of Southern, added:

“We believe partnering with XCF and DevvStream would strengthen our ability to scale a multi-pathway SAF strategy grounded in real production capacity and real climate benefit. We are eager to work together to further develop our experimental $SAF token on Solana with DevvStream. Further, we believe Louisiana has the workforce, infrastructure, and feedstock resources to become a national leader in low-carbon fuels, and we see this potential collaboration as a major step toward that future.”

Exploration of New Rise Louisiana SAF Facility

The parties plan to assess the potential development of New Rise Louisiana, a proposed HEFA SAF facility. The evaluation process is expected to include engineering, permitting, feedstock integration, logistics, and financing strategies.

XCF and Southern also plan to evaluate municipal financing pathways in Louisiana, following recent momentum from the Louisiana Community Development Authority, which authorized up to $402 million in potential revenue bonds for Southern’s biomass-to-fuel project, subject to additional approvals, documentation, and market conditions. While not representing committed capital and there can be no assurance that any such bonds will ultimately be issued or that any particular amount of funding will be available, the authorization underscores Louisiana’s growing role as a U.S. clean-energy manufacturing hub. Any XCF participation in Louisiana municipal financing strategies would be separate from and in addition to Southern’s existing authorization. There can be no assurance that XCF will be able to secure any Louisiana municipal financing.

Cooper added:

“We believe Louisiana offers a compelling combination of infrastructure, talent, and policy support. We expect our evaluation of New Rise Louisiana will allow us to determine whether our modular HEFA platform can complement Southern’s developing biomass capabilities while fitting squarely within our disciplined, capital-efficient growth model.”

The MOU reflects a shared intent to collaborate on SAF and other low-carbon fuel opportunities. Any specific offtake arrangements, investments, or project development activities described in this release remain subject to confirmatory due diligence, negotiation and execution of definitive agreements, internal corporate approvals, and any required regulatory or permitting approvals. Accordingly, the MOU does not commit any party to proceed with any particular transaction or project.

About XCF Global, Inc.

XCF Global, Inc. (“XCF”) is a pioneering sustainable aviation fuel company dedicated to accelerating the aviation industry’s transition to net-zero emissions. Our flagship facility, New Rise Reno, has a nameplate production capacity of 38 million gallons per year, positioning XCF as an early mover among large-scale SAF producers in North America. XCF is advancing a pipeline of three additional sites in Nevada, North Carolina, and Florida, and is building partnerships across the energy and transportation sectors to scale SAF globally. XCF is listed on the Nasdaq Capital Market and trades under the ticker, SAFX. Current outstanding shares: ~208.3 million; <20% free float (as of December 12, 2025).

To learn more, visit www.xcf.global.

About Southern Energy Renewables Inc.

Southern Energy Renewables Inc. is a U.S.-based clean fuels, chemicals, and products developer focused on advancing large-scale biomass-to-fuels projects. These projects are in development and designed to produce carbon-negative SAF and green methanol, supported by integrated carbon capture and sequestration.

To learn more, visit www.southernenergyrenew.com.

About DevvStream Corp.

DevvStream Corp. (Nasdaq: DEVS) is a carbon management company focused on the development, investment, and sale of environmental assets worldwide, including carbon credits and renewable energy certificates.

To learn more, visit www.devvstream.com.

Contacts

XCF Global:
C/O Camarco
XCFGlobal@camarco.co.uk

Media:

Camarco
Andrew Archer | Rosie Driscoll | Violet Wilson
XCFGlobal@camarco.co.uk

Additional Information and Where to Find It

In connection with the proposed business combination transaction among DevvStream, Southern, and Sierra Merger Sub, Inc., DevvStream will prepare and file relevant materials with the Securities and Exchange Commission (the “SEC”), including a registration statement on Form S-4 that will contain a proxy statement of DevvStream that also constitutes a prospectus (the “Proxy Statement/Prospectus”). A definitive Proxy Statement/Prospectus will be mailed to stockholders of DevvStream. DevvStream and Southern may also file other documents with the SEC and Canadian securities regulatory authorities regarding the proposed transaction. This communication is not a substitute for any proxy statement, registration statement or prospectus, or any other document that DevvStream and Southern (as applicable) may file with the SEC or Canadian securities regulatory authorities in connection with the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS OF DEVVSTREAM ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED BY DEVVSTREAM OR SOUTHERN WITH THE SEC OR CANADIAN SECURITIES REGULATORY AUTHORITIES, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION, WHEN THEY BECOME AVAILABLE BECAUSE THESE DOCUMENTS CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. DevvStream’s investors and security holders will be able to obtain free copies of the Proxy Statement/Prospectus (when they become available), as well as other filings containing important information about DevvStream, Southern, and other parties to the proposed transaction, without charge through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by DevvStream will be available free of charge under the tab “Financials” on the “Investor Relations” page of DevvStream’s website at www.devvstream.com/investors/ or by contacting DevvStream’s Investor Relations Department at ir@devvstream.com.

Participants in the Solicitation

DevvStream, Southern and their respective directors and certain of their respective executive officers and employees may be deemed to be participants in the solicitation of proxies from DevvStream’s stockholders in connection with the proposed transaction. Information regarding the directors and executive officers of DevvStream is contained in DevvStream’s proxy statement for its 2025 annual meeting of stockholders, filed with the SEC on November 18, 2025, and in other documents subsequently filed with the SEC. Additional information regarding the participants in the proxy solicitations and a description of their direct or indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement/Prospectus and other relevant materials filed with the SEC (when they become available). These documents can be obtained free of charge from the sources indicated above.

No Offer or Solicitation

This press release is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act that involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. These forward-looking statements, including, without limitation, statements regarding the terms of the potential collaboration covered by the Non-Binding MOU, the expected benefits of the potential collaboration covered by the Non-Binding MOU, what financing strategies the parties to the Non-Binding MOU are expected to evaluate and the availability of such financing, estimates and forecasts of other financial and performance metrics, and projections of market opportunity and market share, are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by XCF, DevvStream and Southern and their respective management teams, are inherently uncertain and subject to material change. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) changes in domestic and foreign business, market, financial, political, and legal conditions; (2) unexpected increases in XCF’s expenses, including manufacturing and operating expenses and interest expenses, as a result of potential inflationary pressures, changes in interest rates and other factors; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any agreements with regard to XCF’s offtake arrangements; (4) the outcome of any legal proceedings that may be instituted against the parties to the Non-Binding MOU or others; (5) XCF’s ability to regain compliance with Nasdaq’s continued listing standards and thereafter continue to meet Nasdaq’s continued listing standards; (6) the parties ability to negotiate a definitive collaboration agreement and implement any collaborative business plan on an anticipated timeline; (7) the parties ability to raise financing to fund their respective operations and business plans and the terms of any such financing; (8) XCF’s ability to resolve current disputes between its New Rise subsidiary and its primary lender with respect to loans outstanding that were used in the development of the New Rise Reno facility; (9) payment of fees, expenses and other costs related to the negotiation of a definitive collaboration agreement and the advancement of the potential collaboration; (10) the risk of disruption to the current plans and operations of XCF, Southern and DevvStream as a result of pursuing the potential collaboration, including on the proposed business combination of DevvStream; (11) the parties ability to recognize the anticipated benefits of potential collaboration contemplated by the Non-Binding MOU, which may be affected by, among other things, competition, the ability of parties to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (12) changes in applicable laws or regulations; (13) risks related to extensive regulation, compliance obligations and rigorous enforcement by federal, state, and non-U.S. governmental authorities; (14) the possibility that the parties may be adversely affected by other economic, business, and/or competitive factors; (15) the availability of tax credits and other federal, state or local government support; (16) risks relating to XCF Global’s and New Rise’s key intellectual property rights, including the possible infringement of their intellectual property rights by third parties; (17) the risk that XCF’s and DevvStream’s reporting and compliance obligations as publicly-traded companies divert management resources from business operations; (18) LOIs and MOUs, including the Non-Binding MOU among XCF, Southern and DevvStream described herein, may not advance to definitive agreements or commercial deployment, and there can be no assurance that XCF and Southern will successfully negotiate offtake arrangements or develop the contemplated New Rise Louisiana facility; and (19) various factors beyond management’s control, including general economic conditions and other risks, uncertainties and factors set forth in XCF’s and DevvStream’s filings with the Securities and Exchange Commission (“SEC”). If any of the risks actually occur, either alone or in combination with other events or circumstances, or XCF’s, Southern’s and/or DevvStream’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that none of XCF, Southern or DevvStream presently know or that they currently believe are not material that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XCF’s, Southern’s and DevvStream’s expectations, plans or forecasts of future events and views as of the date of this Press Release. These forward-looking statements should not be relied upon as representing XCF’s, Southern’s or DevvStream’s assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements. While XCF, Southern or DevvStream may elect to update these forward-looking statements at some point in the future, XCF, Southern and DevvStream specifically disclaims any obligation to do so. Neither future distribution of this press release nor the continued availability of this communication in archive form on DevvStream’s website at http://www.devvstream.com/investors should be deemed to constitute an update or re-affirmation of these statements as of any future date.

SOURCE: XCF Global, Inc.

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / December 12, 2025 / Industries rarely adopt new technology in a straight line. The process unfolds in stages that are predictable to insiders but invisible to the outside world. It begins with a demonstration, where a tool proves it can work under controlled conditions. From there, it moves into the dialogue phase, where industry leaders evaluate not just performance but the system-wide implications of integrating something new. SMX (NASDAQ:SMX) is now moving through that second stage. And it’s happening faster than many expected.

The pace started increasing after SMX scored a major milestone earlier this year. The technology delivered 99%-100% accuracy in identifying and sorting flame-retardant plastics, including black polymers that traditional optical systems fail to classify. That alone placed SMX in rare company. Most emerging solutions never demonstrate that level of precision, let alone at industrial speeds with digital passports attached. Demonstration was the necessary first milestone. It answered the question of feasibility.

NAFRA’s second invitation, announced this week, shows that the next stage has begun. The sector is shifting from “does this work” to “how would this fit.” This is the phase where frameworks take shape, where leaders across manufacturing, recycling, compliance, and policy assess the practical and strategic role a validated technology can play. Demonstration opens the door. Dialogue builds the pathway inside.

Dialogue Is Where Influence and Integration Develop

The dialogue stage is often the most important part of the adoption curve because it brings together the people who define the system’s rules. It is not a commercial event. It is not a procurement meeting. It is a strategic forum where the implications of a technology are weighed against long-term industry needs, regulatory trajectories, and operational realities. That is what makes SMX’s new appearance inside the NAFRA and American Chemistry Council program so meaningful.

During this phase, leaders are not asking whether a solution can operate. They are asking how the system reacts when it does. They evaluate how a platform like SMX’s molecular identity solution affects the flow of materials, the certainty of certification, and the confidence of downstream operators who rely on verified data. It is the point where market actors start mapping where the solution belongs, not whether it belongs.

This is also where consensus begins to form. Standards groups, recyclers, and manufacturers observe each other’s reactions. They see what resonates. They see what removes friction. They see what aligns with the direction global circularity frameworks are heading. As more participants engage, a shared understanding emerges. Technologies that reach the dialogue stage with strong data often become the backbone of future practices.

How Demonstrated Solutions Become Industry Norms

A demonstrated solution becomes an industry standard only after it survives the dialogue stage. This is where SMX now stands. It has already cleared the performance barrier. It is now being evaluated in the ecosystem where frameworks are shaped and adoption patterns are set. That is a crucial distinction. The companies and organizations involved in these discussions carry the influence needed to turn a capability into an expectation.

Flame-retardant plastics, once a structural barrier to circularity, now sit inside a potential redesign. SMX’s accuracy results create a baseline for what the sector can demand from its traceability tools. If a solution can identify materials at 99% accuracy in real operating conditions, then inferior approaches lose legitimacy. This is how norms change. Data resets expectations. Expectations reset standards. Standards reset the market.

NAFRA’s invitation of SMX back into the conversation confirms that this shift may already be well underway. The industry isn’t wasting time exploring hypotheticals. It is engaging a proven system and examining how it fits into the workflows that define safety, compliance, and recovery. This is where real adoption begins. It happens quietly, inside rooms that gather the people who understand what is practical and what is necessary. For SMX, the people who create a smooth path to the next stage: integration.

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations, hopes, beliefs, intentions, or strategies regarding the future. In addition, any statements that refer to projections, forecasts, events, or circumstances that SMX expects, believes, or anticipates will or may occur in the future, including statements relating to the Company’s business strategy, financial position, future operations, future revenues, projected costs, prospects, plans, and objectives of management, as well as statements regarding the Company’s liquidity position, capital needs, anticipated financing timelines, expected dilution, future share issuances, the anticipated use of proceeds, expected performance of the amended financing agreement, market conditions, adoption of the Company’s technology, commercial pipeline, regulatory approvals, industry trends, competitive position, and any assumptions underlying the foregoing, are forward-looking statements.

Forward-looking statements are based on the Company’s current expectations and assumptions regarding future events and are subject to a number of risks, uncertainties, and factors that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks relating to: the Company’s ability to successfully execute its operating plans; the Company’s ability to obtain additional financing on acceptable terms or at all; the Company’s ability to maintain compliance with Nasdaq listing standards; market conditions and volatility in the trading price of the Company’s ordinary shares; dilution that may result from the Company’s existing financing arrangements; the Company’s ability to access capital under the standby equity purchase agreement and related amendments; the timing and occurrence of any closings under such agreements; the Company’s expectations regarding its financial runway and future capital needs; risks associated with the Company’s ability to scale its technology, secure customer adoption, or convert pilot programs into commercial deployments; risks relating to supply chain conditions and global economic trends; the Company’s dependence on key personnel; the Company’s ability to maintain intellectual property protection and defend against infringement claims; changes in applicable laws and regulations; general economic, political, and market conditions; risks relating to digital asset markets and the Company’s potential future acquisition or holding of digital assets; and other factors detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Company’s Annual Report on Form 20-F and its subsequent reports filed with the SEC.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made and are not guarantees of future performance. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Actual results may differ materially from those anticipated due to various risks and uncertainties, and all forward-looking statements contained herein are qualified in their entirety by this cautionary statement.

EMAIL: info@securitymattersltd.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

NEW YORK, NY / ACCESS Newswire / December 12, 2025 / The global economy spent decades running on assumptions, and it worked until it didn’t. Supply chains expanded faster than verification systems. Companies sourced materials from regions they had never visited. Certifications became paperwork rather than proof. The entire system flowed because everyone agreed to trust what they could not see. That trust created efficiency, but it also created fragility. Now the bill for that fragility has come due.

Today’s logistics environment is the result of those accumulated assumptions. When a manufacturer insists a material is sustainable, compliant, or recycled, the system treats it as fact. But when regulators ask for evidence, and companies cannot produce it, the entire chain stalls. Containers sit. Shipments freeze. Imports get flagged. Compliance teams scramble for data that never existed. What once looked like a smooth global network begins to resemble a maze held together by outdated declarations and inconsistent reporting. That is the logistics nightmare at play.

And this week, SMX (NASDAQ:SMX) cracked one of the most stubborn examples of that nightmare. Cotton has always been a black hole for verification. Once fibers are shredded, blended, spun, or dyed, the origin identity disappears. Brands rely on trust. Auditors rely on declarations. Regulators rely on hope. SMX’s new cotton demonstration shattered that cycle. The company proved that identity can survive every transformation stage in the textile lifecycle.

That single achievement shows how quickly assumptions collapse when exposed to molecular truth.

SMX Gave the Wake-Up Call
The better news: the world is waking up. Governments are now forcing a reckoning. Europe’s new due diligence rules demand verifiable, auditable information about material origin and handling. “Show us the proof” has replaced “tell us the story.” Legacy certification models built on trust can’t keep up.

Suppliers who used to rely on paper trails now face audits that require hard evidence. Even recyclers, long insulated from deep regulatory pressure, must document recycled content with accuracy instead of approximation. The era of “trust us, it’s recycled” is gone. That is not a burden. That is progress.

SMX is fueling it. Not by creating another platform that depends on manual entries or declarations, but by changing the language of verification entirely. SMX embeds a molecular signature inside the material itself. Identity becomes internal rather than external. Proof becomes intrinsic instead of reported.

Materials Become Intelligent Assets
As a result, instead of chasing information across continents, suppliers, and outdated reporting systems, SMX allows the material to speak for itself. A material with embedded identity doesn’t need a paper trail to justify its legitimacy. It carries its own authenticity. It verifies itself in real time. That addition isn’t just helpful. It is foundational.

It turns a fragile system built on assumptions into a durable system built on truth. And for the first time, proof carries more weight than promises. The moment a material receives an SMX marker, it stops behaving like a commodity and starts behaving like a data asset. A plastic pellet can now carry its own digital passport. A rubber component can report its origin and confirm whether it has been recycled. A textile fiber, as demonstrated this week with cotton, can authenticate itself through every mechanical and chemical transformation.

In all cases, memory becomes intrinsic instead of inferred. Passive materials evolve into active participants in the supply chain. And, the timing could not be better. Industries are feeling pressure from every angle. Automotive manufacturers must prove responsible sourcing for metals and batteries. Fashion houses must show traceability to avoid accusations of greenwashing. Consumer goods companies must verify recycled content levels before regulators impose penalties. These issues may seem disconnected, but they share the same core requirement. Every industry needs to know what its products are made of, where the materials came from, and whether the claims tied to them can withstand independent examination.

SMX provides a single solution that spans sectors because they all share the same problem: the trust gap. They cannot afford to operate inside it anymore.

This is why SMX’s technology is not industry-specific. It is infrastructure. It becomes the connective tissue between materials and markets. Companies that adopt it gain the ability to operate with verifiable integrity. Companies that delay risk being caught in the widening gap between regulation and capability. When proof becomes currency, those without it become liabilities.

A World Ready for Molecular Accountability
The environment for SMX’s adoption did not exist five years ago. Today it is accelerating. Governments are tightening borders around counterfeit goods. Corporations are being sued for inaccurate ESG disclosures. Investors are demanding data, not narratives. Consumers are increasingly expecting traceability at the product level. The public narrative has shifted from intention to verification, and the companies that cannot authenticate their materials face existential risk.

This is not a high-tech novelty. It is a survival requirement. Supply chains are too complex, too global, and too vulnerable to manage with manual reporting. A mislabeled recycled plastic batch in Europe can now trigger fines. Faulty minerals in a battery supply chain can halt production. Unsupported sustainability claims can spiral into reputational damage. These pressures create a universal demand. Material proof must be embedded, trackable, and immune to manipulation.

SMX’s technology intersects perfectly with that demand spike. Its molecular identity system integrates into existing manufacturing processes. It requires no new machinery. It scales from micrograms to megatons. It creates a universal language for describing material truth. And with the cotton breakthrough, it has shown that verification can survive transformations once considered impossible.

SMX gives supply chains something they have never had. A way to trust what they can verify rather than verifying what they trust. SMX provides that capability. By embedding molecular markers that travel with the material, its technology removes ambiguity at every stage of the supply chain. Stakeholders no longer need to interrogate the data because the data moves with the product.

This creates a new class of authenticated commodities that move through global markets with provable origin and identity. Proof becomes liquidity. Proof becomes compliance. Proof becomes trust. That is a winning supply chain trifecta ticket.

About SMX
As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations, hopes, beliefs, intentions, or strategies regarding the future. In addition, any statements that refer to projections, forecasts, events, or circumstances that SMX expects, believes, or anticipates will or may occur in the future, including statements relating to the Company’s business strategy, financial position, future operations, future revenues, projected costs, prospects, plans, and objectives of management, as well as statements regarding the Company’s liquidity position, capital needs, anticipated financing timelines, expected dilution, future share issuances, the anticipated use of proceeds, expected performance of the amended financing agreement, market conditions, adoption of the Company’s technology, commercial pipeline, regulatory approvals, industry trends, competitive position, and any assumptions underlying the foregoing, are forward-looking statements.

Forward-looking statements are based on the Company’s current expectations and assumptions regarding future events and are subject to a number of risks, uncertainties, and factors that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks relating to: the Company’s ability to successfully execute its operating plans; the Company’s ability to obtain additional financing on acceptable terms or at all; the Company’s ability to maintain compliance with Nasdaq listing standards; market conditions and volatility in the trading price of the Company’s ordinary shares; dilution that may result from the Company’s existing financing arrangements; the Company’s ability to access capital under the standby equity purchase agreement and related amendments; the timing and occurrence of any closings under such agreements; the Company’s expectations regarding its financial runway and future capital needs; risks associated with the Company’s ability to scale its technology, secure customer adoption, or convert pilot programs into commercial deployments; risks relating to supply chain conditions and global economic trends; the Company’s dependence on key personnel; the Company’s ability to maintain intellectual property protection and defend against infringement claims; changes in applicable laws and regulations; general economic, political, and market conditions; risks relating to digital asset markets and the Company’s potential future acquisition or holding of digital assets; and other factors detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Company’s Annual Report on Form 20-F and its subsequent reports filed with the SEC.

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made and are not guarantees of future performance. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Actual results may differ materially from those anticipated due to various risks and uncertainties, and all forward-looking statements contained herein are qualified in their entirety by this cautionary statement.

EMAIL: info@securitymattersltd.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

Learn how Satoshi’s exit cemented Bitcoin’s decentralization, and why user education and safety remain critical

MIAMI, FL / ACCESS Newswire / December 12, 2025 / Athena Bitcoin Global (OTCID:ABIT) (“Athena” or the “Company”), the third largest global operator of Bitcoin kiosks and digital asset fintech solutions, is underscoring one of Bitcoin’s most defining features as the community reflects on the period when Satoshi Nakamoto stepped away from public communication: its decentralization.

After publishing the Bitcoin white paper in 2008 and helping launch the network, Satoshi’s departure ensured that no single person, entity, or institution would control Bitcoin’s future. That design choice, often summed up as there being “no help desk for Bitcoin,” is central to why the network remains transparent, resilient, and globally accessible today.

But decentralization also means individuals are responsible for their own security and decisions. Without a central authority to intervene in scams, reverse transactions, or recover funds, education and fraud prevention become essential components of safe participation.

“Bitcoin’s strength comes from the fact that it belongs to everyone and no one,” said Matias Goldenhorn, CEO of Athena Bitcoin. “Satoshi’s departure is what allowed the network to become truly decentralized, and with that independence comes responsibility. Financial freedom is powerful, but it requires knowledge and vigilance. Our role is to help people experience Bitcoin safely in a system intentionally designed without a central operator.”

Athena operates one of the largest Bitcoin ATM networks across the Americas and has invested heavily in user protection initiatives such as:

• Consumer protection notices and prominent warnings on screens as well and policies against third-party transfers that align with the company’s values and state laws advising users never to send bitcoin on the instruction of someone they’ve met online or an unsolicited caller.

• Daily transaction limits and velocity controls to detect unusual patterns that could indicate coercion or theft.

• Kiosk site selection in well-managed and brightly lit public locations.

• Expanded and detailed consumer education on fraud prevention and tactics used by criminals to trick users on athenabitcoin.com and in our mobile app.

• Frequent cybersecurity software updates to address new and emerging security issues.

As Bitcoin adoption grows worldwide, Athena remains committed to making decentralized finance accessible, understandable, and safe for everyday users.

To find the nearest Athena Bitcoin location and learn more about the promotion, customers can visit www.athenabitcoin.com

About Athena Bitcoin Global

Athena Bitcoin Global operates an international network of Athena Bitcoin kiosks, which are free standing kiosks that permit customers to buy or sell Bitcoin in exchange for fiat currencies. The Company places its machines in convenience stores, shopping centers and other easily accessible locations in thirty-four US states, Puerto Rico, and in three countries in Central and South America. Athena Bitcoin Global’s comprehensive fintech platform enables POS merchant payments powered by Athena Pay and the Company provides safe, reliable and personalized trading services through its Athena Plus services. To learn more visit www.athenabitcoin.com or follow Athena Bitcoin Global on Twitter and LinkedIn.

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by forward-looking statements as a result of various factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Athena Bitcoin Global specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact:

Rachele Andrejczak
rachele@athenabitcoin.com

SOURCE: Athena Bitcoin Global

View the original press release on ACCESS Newswire

FRISCO, TEXAS / ACCESS Newswire / December 12, 2025 / GameSquare Holdings, Inc. (“GameSquare” or the “Company”) a next-generation media, entertainment, technology and digital native treasury company, today announced it repurchased 1,038,787 shares of its common stock for $563,801, representing an average price of approximately $0.54 per share. Following this transaction, the Company has approximately $3.3 million remaining under its current authorization.

Consistent with its capital allocation priorities, GameSquare intends to continue to opportunistically repurchase its common stock. Since October 2025, the Company has repurchased a total of 2,992,517 shares of its common stock for $1,728,756, representing an average price of approximately $0.58 per share.

“We are pleased to announce our third consecutive monthly share repurchase, highlighting the durability of our balance sheet and the continued execution across both our operating business and our digital asset treasury,” said Justin Kenna, CEO of GameSquare. “This repurchase is another step in advancing our strategic priorities as we scale our platform, expand margins, and position GameSquare for sustained value creation.”

About GameSquare Holdings, Inc.
GameSquare (NASDAQ:GAME) is a cutting-edge media, entertainment, and technology company transforming how brands and publishers connect with Gen Z, Gen Alpha, and Millennial audiences. With a platform that spans award-winning creative services, advanced analytics, and FaZe Clan Esports, one of the most iconic gaming organizations, we operate one of the largest gaming media networks in North America. As a digital-native business, GameSquare provides brands with unparalleled access to world-class creators and talent, delivering authentic connections across gaming, esports, and youth culture. Complementing our operating strategy, GameSquare has developed an innovative treasury management program designed to generate yield and enhance capital efficiency, reinforcing our commitment to building a dynamic, high-performing media company at the intersection of culture, technology, and next-generation financial innovation.

To learn more, visit www.gamesquare.com.

Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the Company’s future performance, returns generated by its business strategies, revenue, growth and profitability; and the Company’s ability to execute on its current and future business plans. These forward-looking statements are provided only to provide information currently available to us and are not intended to serve as and must not be relied on by any investor as, a guarantee, assurance or definitive statement of fact or probability. Forward-looking statements are necessarily based upon a number of estimates and assumptions which include, but are not limited to: the Company’s ability to grow its business and being able to execute on its business plans and strategies, the success of Company’s vendors and partners in their provision of services to the Company, the Company being able to recognize and capitalize on opportunities and the Company continuing to attract qualified personnel to support its development requirements. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the Company’s annual meeting and corporate governance, its ability to achieve its objectives, the Company successfully executing its growth strategy, the ability of the Company to obtain future financings or complete offerings on acceptable terms, failure to leverage the Company’s portfolio across entertainment and media platforms, dependence on the Company’s key personnel and general business, economic, competitive, political and social uncertainties. These risk factors are not intended to represent a complete list of the factors that could affect the Company which are discussed in the Company’s most recent MD&A. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. GameSquare assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Corporate Contact
Lou Schwartz, President
Phone: (216) 464-6400
Email: ir@gamesquare.com

Investor Relations
Andrew Berger
Phone: (216) 464-6400
Email: ir@gamesquare.com

Media Relations
Chelsey Northern / The Untold
Phone: (254) 855-4028
Email: pr@gamesquare.com

SOURCE: GameSquare Holdings, Inc.

View the original press release on ACCESS Newswire

VANCOUVER, BC / ACCESS Newswire / December 12, 2025 / ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) (“ESGold” or the “Company”) is pleased to announce it has engaged the services of Atrium Research Corporation (“Atrium“), a leading company sponsored research firm. Atrium will publish various research reports on the Company based on publicly available information, industry data, and discussions with management of the Company. Atrium will also host three recorded interviews with the management team of the Company to present the investment case in an interview format. In exchange for its research services, Atrium will receive cash compensation in the amount of $12,000 per quarter and these services will be provided for 12 months beginning on December 15, 2025. Atrium and the Company are arm’s-length parties, and neither Atrium nor its insiders hold any shares or options to purchase shares in the capital of the Company. The engagement with Atrium is subject to regulatory and Canadian Securities Exchange approval.

About Atrium Research Corporation
Atrium Research provides institutional quality company sponsored research on public equities in North America. Its investment philosophy takes a 3-5-year view on equities currently being overlooked by the market. Its research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, and an in-depth valuation analysis. Atrium Research is wholly owned and operated by its Co-Founders, Ben Pirie and Nicholas Cortellucci. Atrium Research Corporation is located at 906-81 Navy Wharf Court Toronto, ON, M5V 3S2.

About ESGold Corp.

ESGold Corp. (CSE:ESAU)(OTCQB:ESAUF)(FSE:Z7D) is a fully permitted, fully funded, pre-production mining company advancing a scalable clean mining model across North and South America. The Company’s flagship Montauban Gold-Silver Project in Quebec is under construction with production anticipated in 2026. ESGold is also advancing a joint venture in Colombia, validating one of South America’s most prolific gold regions for tailings reprocessing and systematic exploration. With a dual-track strategy of cash flow today and discovery tomorrow, ESGold is building a platform for clean, sustainable growth and long-term shareholder value.

For more information, please contact ESGold Corp. at +1-888-370-1059 or visit esgold.com for additional resources, including a French version of this press release, past news releases, a 3D model of the Montauban processing plant, media interviews, and opinion-editorial pieces.

Stay connected by following us on X (formerly Twitter), LinkedIn, and joining our Telegram channel.

For further information or to connect directly, please reach out to Gordon Robb, CEO of ESGold Corp. at gordon@esgold.com or call 250-217-2321.

On behalf of the Board of Directors
ESGold Corp.
Paul Mastantuono
Chairman & COO
info@esgold.com
+1-888-370-1059

Cautionary Note Regarding Forward-Looking Information
This news release contains statements that may constitute “forward-looking information” within the meaning of applicable Canadian securities laws, including, but not limited to, statements regarding, project economics, construction progress, anticipated timelines, exploration potential, future surveys, and the Company’s ability to self-fund exploration activities. Forward-looking information is based on reasonable assumptions that are believed to be current and accurate as of the date of this release, however, such information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required under applicable securities legislation.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE: ESGold Corp

View the original press release on ACCESS Newswire