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GOTHENBURG, Sweden, May 4, 2026 /PRNewswire/ — CEO Dr Martin Edlund: “An intense first quarter has seen progress in market and technology development.”

Significant events January-March 2026

In January, Minesto was selected for in-depth investment advisory support by the European Investment Bank (EIB) under the PDA (Project Development Assistance) programme. The program offers extensive free of charge financial advisory support to a few carefully selected investment opportunities within the renewable energy sector in the EU. The Minesto investment case chosen for the programme is a 10MW Dragon Farm (tidal energy array) located at a new targeted site within EU waters. The EIB advisory support focus’s on increasing the financial attractiveness and overall quality of the investment offer, aiming to raise 25 M EUR in capital.

Minesto was awarded 24,000 EUR grant funding from the Swedish Energy Agency (SEA) through the Global Innovation Accelerator (GIA) programme, aiming to accelerate the company’s market development in Taiwan. As part of the programme, Minesto officially took part in the high-level Nordic-Taiwan Sustainable Energy Forum, held in Taipei in December. 

Minesto initiated collaboration with expert ocean energy site developer Haf-Afl for the Icelandic market. Minesto continues to follow through with a market entry strategy based on collaboration with strong local site development and project investment partners. With the signing of a new partnership agreement (MOU) with ocean energy site developer Haf-Afl, the Icelandic market is added to Minesto’s range of markets actively pursued.

Minesto’s Dragon testing in Vestmanna continued. Minesto’s microgrid scale powerplant Dragon 4 (100kW) is installed and produces electricity to the Faroese grid, generating valuable data for the upcoming microgrid installation partly funded by the Swedish Energy Agency. The Minesto tidal energy kite Dragon 12 (1.2 MW) was successfully recovered after 10 months in the water in Vestmannasund. After proving robustness and stability beyond commercial service intervals, the unique megawatt Dragon is on shore for inspection and maintenance.

After the end of the period

No significant events after the end of the period.

The Group in summary 1 January–31 March 2026

Total operating income for the period amounted to SEK 5,619 thousand (6,298) and mainly consist of capitalised development work. Net sales amounted to SEK 0 thousand (0).

Operating loss for the period amounted to SEK –7,065 thousand (–10,697). The negative result is largely attributable to business development and administration related to technology development. During the period personnel costs of SEK 5,619 thousand (6,298) has been capitalised as development work.

At the end of the period, the intangible fixed assets amounted to SEK 581,541 thousand (553,664), of which capitalised development costs SEK 563,118 thousand (536,192) and capitalised patent expenses SEK 18,423 thousand (17,471).

Grants of SEK 2 137 thousand (246) were accounted for during the period, of which SEK 2 137 thousand (246) has reduced the acquisition value of the capitalised development costs.

At the end of the period, cash flow for the period amounted to SEK–17,516 thousand (–24,317). At the end of the period, cash and cash equivalents amounted to SEK 50,081 thousand (10,334).

At the end of the period, equity amounted to SEK 623,478 thousand (557,716) divided into 260,111,612 shares (194,116,040), of which loss for the period amounted to SEK  –6,886 thousand (–10,843).

Year-End Report is available to download at Minesto’s website:

Minesto | Investor information

CEO comment:

An intense first quarter has seen progress in market and technology development.

Our market development strategy based on a broad approach to match strong local partners and a favourable policy context for renewables with favourable site resource conditions is in full swing. We are closing in on active partnerships with strong site developers and utility partners in up to twenty markets.

Our role in this large range of markets, with the exception of the Faroe Islands and Wales where active site development driven by Minesto is ongoing, is to support the local actors with Minesto specific operating parameters and feasibility study input. This puts us in a favourable position to capture step-in business opportunities and to build a solid longer term gigawatt pipeline.

We have concluded joint development and verification of both our financial model and site project development set-up together with EIB sponsored consultants with exceptionally good results and mutual learnings at hand. This is a key enabler for attracting both private site investors (customers) and to submit business plans for different public-funding actors within EU and beyond.

The current macro-economic turmoil has an accelerating effect on our market development activities. The need for local security of supply and yet another reminder of the volatility in fossil energy prices increase determination to push forward with new innovative solutions and new sources of energy such as ours. This situation adds to the general energy transition ambitions to fight climate change.  

On the product and technology side of the business we have ongoing solid energy production from Dragon 4 in Vestmanna as a part of the Microgrid project partly funded by the Swedish Energy Agency. We use this set-up to prepare for both battery charging and to accommodate the new upgraded 50% more powerful generator that has been delivered from the supplier.

Our larger megawatt unit, Dragon 12, has been safely deinstalled for inspection and service after a nine-month installation period over autumn and winter. The unit is fully functional and has endured the ocean conditions in a satisfactory way. We will bring new valuable knowledge on service needs and design upgrades for upcoming customer delivery of power plants.

The cost reduction measures taken during 2025 to adopt to a business development focused organization is in full effect influencing the cash-flow as intended. 

We work relentlessly to deliver the tidal and ocean current sector to the world, and we do it from a position of strength offering the lowest cost ocean energy with base-load characteristics to the largest exploitable market among known technologies.

/Martin Edlund, CEO

Contact:
Cecilia Sernhage, Chief Communications Officer
+46 735 23 71 58
ir@minesto.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/minesto-ab/r/interim-management-statement-1-january—31-march-2026,c4343869

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TORONTO, May 4, 2026 /PRNewswire/ — Maropost, the leading unified commerce platform, today announced the official launch of its new global Partner Portal, a centralized platform that makes it easier than ever for partners to work with Maropost, close deals faster, and scale together.

At its core, the Maropost Partner Portal is a single, streamlined destination for everything partners need: deal registration, referral management, sales resources, marketing assets, and real-time product updates – all in one place.

That enables agencies, technology partners, system integrators, affiliates, and strategic alliances to operate as a true extension of Maropost’s global revenue team.

“Our partners play a huge role in how we grow,” said Ross Andrew Paquette, CEO of Maropost. “With this launch, we’re making it much easier for them to succeed. And we’re also giving them exactly the same tools, visibility, and insights our internal teams use every day to close global brands.”

Here’s what partners can expect:

• Close deals faster: Easily register deals, submit referrals, and track opportunities in one place, so nothing slips through the cracks.
• Sell smarter: Get direct access to sales resources and proven playbooks that help you sell with confidence.
• Market better: Tap into ready-to-use, co-branded marketing assets and campaign resources to drive demand without the heavy lift.
• Stay aligned and informed: Keep up with go-to-market strategies, product launches, and key updates in one centralized hub.
• Instantly see what’s working: Access clear reporting and attribution to understand your performance and ROI in real time.
• Grow your pipeline and revenue: Generate more qualified opportunities, accelerate customer acquisition, and build predictable revenue.

The launch of the Partner Portal marks a shift in how Maropost approaches partnerships – moving away from transactional lead passing toward a more connected, long-term model built on trust, transparency, and shared success.

About Maropost 

Maropost offers a truly unified commerce platform for ecommerce merchants and retailers. Built on unified customer data and enterprise-grade infrastructure, it provides a fully connected suite of solutions for ecommerce, merchandising, retail, marketing automation, and helpdesk. 

Since its founding in 2011, Maropost has supported ecommerce and retail businesses across North America, Australia, and Europe. Trusted by over 5,000 global brands – including Luxottica, Mercedes-Benz, Seiko, Intersport, and Fujifilm – Maropost has earned recognition on Deloitte’s Technology Fast 500 and G2’s industry leaderboards. 

Learn more at www.maropost.com.  

NEW YORK, May 4, 2026 /PRNewswire/ — High-Trend International Group (NASDAQ: HTCO, the “Company”) today announced that it has fully repaid all outstanding obligations under its financing arrangement with Streeterville Capital, LLC (“Streeterville”) and has terminated the related transaction documents, thereby eliminating the associated financing overhang.

In connection with the repayment, Streeterville has agreed to return previously issued 630,000 Class A ordinary shares to the Company. These shares were originally scheduled to become eligible for resale on May 1, 2026. The acquisition of the shares by the Company will reduce the number of shares that could otherwise become available for trading in the future.

The Company also sold an unsecured promissory note to Mr. Jinyu Chang, controller of the Company and it former Chairman of the board of directors, for $2.6 million. The note carries an annual interest rate of 5%, which is payable together with the principal, one year after issuance.

HTCO Chairman Mr. Christopher Nixon Cox states “the full repayment and termination of this financing arrangement represent a meaningful step in strengthening our balance sheet and removing a potential market overhang.”

About High-Trend International Group

High-Trend International Group is a global ocean transportation company with core businesses in international shipping.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as “believe,” “expect,” “anticipate,” “future,” “will,” “intend,” “plan,” “estimate” or similar expressions. Actual results may differ materially from those indicated by these forward-looking statements due to various risks and uncertainties, including but not limited to those detailed in the Company’s filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement, except as required by applicable law.