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NSG Bio Launches NSG BioSuites at Geneo – A New Product, Largest Site, and Fourth Location in Singapore

SINGAPORE, Oct. 21, 2025 /PRNewswire/ — NSG Bio, a leading provider of flexible and high-quality biotech laboratory spaces, announced the launch of its latest product, NSG BioSuites, located at the brand-new Geneo development in Singapore Science Park. This marks NSG Bio’s fourth site in Singapore and also its largest facility to date, representing a significant step forward in providing innovative, accessible solutions for the biotech community.

NSG BioSuites is the company’s newest offering: small to large, affordable private lab suites purpose-built for biotech teams ready to scale without compromise. The facility is BSL-2 certified and designed to support both biology and chemistry labs, ensuring flexibility for diverse scientific workflows. With its affordable and flexible options, NSG BioSuites lowers the barriers for biotech companies of all sizes to access world-class laboratory infrastructure.

Our fully fitted facility at Geneo includes:

  • Shared Tissue Culture Room – ready for cell-based R&D
  • Shared Bacteria Room – equipped for microbiology workflows
  • Shared Equipment Bench – access to 150+ shared equipment at Geneo alone, contributing to 450+ shared equipment available across our four NSG Bio sites
  • Built for Both Biology & Chemistry Labs – designed to support diverse scientific workflows
  • Fridge & Freezer Storage – and much more

Beyond infrastructure, NSG Bio is committed to building strong ecosystems that foster growth, collaboration, and innovation. Companies at NSG BioSuites benefit from more than just a world-class facility—they gain access to strategic partnerships, mentorship opportunities, investor relations, and community-driven initiatives. NSG BioSuites is designed not simply as a place to work, but as an incubator and accelerator where biotech companies can spearhead their research and breakthroughs.

“Our mission has always been to make high-quality biotech space more accessible, while empowering companies with the tools, networks, and collaborations needed to thrive,” said Ms. Daphne Teo, Chairwoman of Board and Founder of NSG Bio. “NSG BioSuites at Geneo reflects this vision by combining state-of-the-art facilities with a vibrant community that supports scientific and business success.”

The launch of NSG BioSuites at Geneo highlights NSG Bio’s ongoing commitment to advancing Singapore’s life sciences ecosystem. By combining private suites with shared, fully equipped facilities and a robust support network, NSG Bio continues to drive innovation and accessibility in the biotech sector.

Companies interested in exploring tenancy at NSG BioSuites at Geneo can contact info@nsgbio.com for more information.

Contact: marketing@nsgbio.com 

AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C Announces Pricing of Initial Public Offering

DUBAI, UAE, Oct. 21, 2025 /PRNewswire/ — AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, (the “Company”) (NASDAQ: AHMA), a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, today announced the pricing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares, par value US$0.0000001 per share (the “Class A Ordinary Shares”), at a public offering price of US$4.00 per share, for a total base offering size of US$6 million, assuming the underwriters do not exercise their option to purchase additional Class A Ordinary Shares, before deducting underwriting discounts and other related expenses.

The Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market (“NASDAQ”) on October 21, 2025, under the ticker symbol “AHMA.” The Offering is expected to close on October 22, 2025, subject to customary closing conditions.

In addition, the Company has granted the underwriters a 45-day option from the closing of the Offering to purchase up to 15% of the number of Class A Ordinary Shares sold in the Offering to be offered at the public offering price, less underwriting discounts.

AC Sunshine Securities LLC and Univest Securities, LLC. acted as the joint bookrunners for the Offering. Hunter Taubman Fischer & Li is acting as U.S. securities counsel to the Company and Ortoli Rosenstadt LLP is acting as U.S. securities counsel to the joint bookrunners.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) (File Number: 333-284789), as amended, and was declared effective by the SEC on September 30, 2025. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

The offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus related to the offering, when available, may be obtained from: (i) AC Sunshine Securities LLC, Attention: 200 E. Robinson Street, Suite 295, Orlando, FL 32801, or by calling +1 917 593 8838, or by email at ycui@acsunshine.com; (ii) Univest Securities, LLC., Attention: 75 Rockefeller Plaza #1838, New York, NY 10019, or by calling +1 212 343 8888, or by email at info@univest.us. In addition, copies of the final prospectus relating to the Offering, when available, may be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, 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.

About AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C

As a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, the Company serves a global client base by delivering expert event management and seamless, one-stop travel solutions. Guided by an experienced management team and supported by partnerships across the tourism and hospitality industries in the Middle East, Europe, Africa, and the Americas, the Company executes large-scale events for clients from diverse sectors. Additionally, the Company manages bespoke travel experiences, providing a one-stop guided tour service that streamlines travel across the UAE and its neighboring countries, as well as to other global destinations.

For more information, please visit https://ir.ambitions.ae.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements relating to the expected trading of the Company’s securities and the closing of the Offering. These forward-looking statements can be identified by terminology such as “will,” “would,” “may,” “expects,” “anticipates,” “aims,” “future,” “continues,” “could,” “should,” “target,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: uncertainties related to market conditions, the satisfaction of customary closing conditions related to the initial public offering, the completion of the initial public offering on the anticipated terms, or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus that forms a part of the effective registration statement filed with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C
Investor Relations
Email: Ambitions@thepiacentegroup.com

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: Ambitions@thepiacentegroup.com

Jenny Cai
Tel: +86-10-6508-0677
Email: Ambitions@thepiacentegroup.com

Malaysia’s Workforce Balances Ambition, Rising Pay Expectations, and CSR Priorities – New Reeracoen x Rakuten Insight Study Finds

KUALA LUMPUR, Malaysia, Oct. 21, 2025 /PRNewswire/ — Malaysian professionals are sending a clear message to employers: ambition without purpose is not enough, and neither is purpose without progression.

The newly released Reeracoen x Rakuten Insight APAC Workforce Whitepaper 2025 surveyed over 12,000 professionals across 12 Asia-Pacific markets and found Malaysia’s workforce stands apart. Nearly 40% of Malaysian workers aspire to leadership roles (above the APAC average of 37%). At the same time, two out of three say a company’s stance on sustainability and social responsibility influences whether they will take a job.

The stakes are rising in other ways. More than one in four Malaysian workers (28%) now expect double-digit salary increases, compared to just 21% regionally. It is a bold ask, but the data suggests it comes with an equally bold commitment: Malaysia is one of the few APAC markets where company-sponsored training significantly outpaces what employees pursue on their own.

“Malaysian talent is capable, grounded, and ready to grow. Ambition here is strong, but so too is the demand for values, trust, and leadership that empowers,” said Yohei Yagi, Country Manager, Reeracoen Malaysia. “Employers who combine structure with stretch, and strategy with empathy, will unlock the full potential of Malaysia’s workforce.”

Yohei Yagi, Country Manager of Reeracoen Malaysia
Yohei Yagi, Country Manager of Reeracoen Malaysia

The Talent Paradox Employers Must Solve

Malaysia has positioned itself aggressively as a hub for digital innovation, advanced manufacturing, and green growth through initiatives such as MyDIGITAL, Industry4WRD, and the Twelfth Malaysia Plan. Foreign investment is flowing into semiconductors, renewable energy, and tech infrastructure.

But there is a gap between policy ambition and workplace reality. While 71% of Malaysian professionals say flexible work arrangements matter to them, access remains inconsistent across industries. And while workers want empathetic, empowering leadership – 58% call it critical to job satisfaction – many organisations still default to top-down management styles that stifle the very ambition they claim to want.

The whitepaper presents five forces reshaping Malaysia’s talent landscape:

  • Leadership Hunger: 39% of professionals aspire to leadership roles, signalling a workforce ready to step up, provided the opportunity and developmental support are present.
  • Values as Non-Negotiables: 67% factor in sustainability and corporate responsibility when choosing employers.
  • Empathy as a Strategy: 58% identify empathetic leadership as essential to job satisfaction, making culture as decisive as compensation in worker retention.
  • The Flexibility Gap: Hybrid work is valued by 71% of workers, but uneven implementation across sectors creates frustration and turnover risk.
  • Proactive Upskilling: Unlike many markets where employees drive their own learning, Malaysian workers are more likely to engage with company-sponsored training programmes – a competitive advantage if leveraged well.

What This Means for Employers

Kenji Naito, Group CEO of Reeracoen Group, added, “Flexibility, purpose, and learning are no longer perks. They are expectations. The companies that realign their talent strategies around these values will lead the next wave of regional growth.”

Kenji Naito, Group CEO of Reeracoen
Kenji Naito, Group CEO of Reeracoen

Collin Leow, Country Director, Malaysia & Thailand, Rakuten Insight, shared, “The future of employment in Malaysia and Thailand will be defined by how well we align ambition with adaptability. Workers today are not only seeking growth — they are seeking meaning, mobility, and mastery. The findings from this study highlight a powerful regional shift where professionals want to lead, but they also want to learn, contribute, and belong in organisations that reflect their values.

As technology and sustainability reshape our economies, employers who invest in empathetic leadership, equitable flexibility, and purposeful upskilling will gain a decisive advantage. The most successful companies will be those that see talent not just as a resource to be managed, but as a force to be empowered — capable of driving innovation, resilience, and inclusive growth across borders.”

For employers, the message is clear: incremental adjustments may no longer cut it. Workers value organisations that take hybrid work seriously, back ESG commitments with action, develop leaders from within, and treat empathy as a business competency, not a soft skill.

The full whitepaper is available for download at:
https://www.reeracoen.com.my/en/events/APAC%20Workforce%20Whitepaper%202025

About Reeracoen Malaysia 

Reeracoen Malaysia is part of Reeracoen Group, an award-winning leader in Asia’s recruitment landscape, connecting top-tier talent with forward-thinking organisations. With nine offices across six major Asian countries, we combine deep local networks with cross-border hiring expertise to help businesses grow faster and stronger.

Our excellence has been recognised with recent awards such as:

  • Best Recruitment & Talent Acquisition Agency 2025
  • Best International Recruitment & Talent Acquisition Agency 2024
  • Best Executive Recruitment Agency 2024

We uphold the highest standards of professionalism and service quality, providing innovative and trusted recruitment solutions to help businesses and candidates succeed in an evolving digital economy. For more information, visit https://www.reeracoen.com.my/ and follow us on LinkedIn for the latest updates and insights.

About Rakuten Insight Global, Inc.

Rakuten Insight Global, Inc. (“Rakuten Insight”) is a wholly-owned online market research subsidiary of Rakuten Group, Inc., a global leader in internet services, headquartered in Tokyo. Rakuten Insight was established in 1997 as AIP Corporation and became part of the Rakuten Group in 2014. Rakuten Insight possesses a research panel focusing on 12 major Asian markets & the US and a panel network covering 60 countries and regions. With offices in 11 countries and regions, Rakuten Insight provides market research for over 500 leading companies around the world. Rakuten Insight Malaysia serves as an off-shore market research hub to drive business development and provide multi-lingual and multi-functional operational support for clients based across Southeast Asia. For more information, visit https://insight.rakuten.com/  and follow us on social media.

AI meets capital: Bizcap welcomes 8fig into its global portfolio to accelerate growth funding

MELBOURNE, Australia, Oct. 21, 2025 /PRNewswire/ — Bizcap, together with its US affiliate NewCo Capital Group, is proud to announce that it has acquired 8fig and that it has become part of the Bizcap Group, marking a major step in the fintech company’s global expansion and leadership in technology-led business funding.

Founded in 2020, 8fig has delivered more than $500 million in funding to online sellers and developed its pioneering “AI CFO” tool, enabling small businesses to plan, forecast, and scale with confidence.

By joining Bizcap’s global ecosystem, 8fig will retain its independence under its existing brand and leadership, while gaining access to Bizcap’s capital strength, global reach and operational expertise. For Bizcap, the partnership highlights its strength in integrating high-growth fintechs, reinforcing its global leadership in non-bank lending.

Bizcap Global’s Co-Founder and Co-CEO Albert Gahfi said 8fig’s vision for e-commerce innovation aligns with Bizcap’s mission to empower small businesses with tools and capital for growth.

“We’re impressed not just by 8fig’s technology, but by how it’s built — with a strong focus on customer needs, adaptability, and long-term success,” he said.

“8fig has the right platform, the right people, and the right mindset to make a global impact, and we’re excited to combine that strength with Bizcap’s reach and expertise to broaden our product offering and accelerate market penetration.”

A global ecosystem for growth

Bizcap and its affiliates have delivered more than $3 billion in funding to small to medium enterprises (SMEs) worldwide. Operating in Australia, New Zealand, Singapore, the US, Canada, the UK, and Europe – and with expansion plans for Mexico – Bizcap continues to broaden its product suite, including its line of credit offering.

The partnership with 8fig enhances Bizcap’s strengths in automated underwriting, AI-driven funding, and intelligent business tools. SMEs will gain smarter solutions for cash flow, inventory, and growth planning, while brokers and partners will access broader options, from working capital and credit lines to structured growth financing.

Together, these advancements will deliver faster, more tailored access to capital across regions, solidifying Bizcap’s position as the partner of choice for business finance.

Where funding meets intelligence

8fig’s advanced technology and AI-driven innovation will position Bizcap at the intersection of commercial funding and financial intelligence, helping SMEs to access smarter and faster funding solutions.

Zalman Blachman, Co-Founder and Co-CEO of Bizcap Global, said 8fig’s automated underwriting and servicing platform will accelerate Bizcap’s ambitions.

“8fig turns complexity into speed, accuracy, and intelligence. Their innovation amplifies our mission to deliver fast, flexible capital and positions Bizcap at the forefront of the future of small business lending,” he said.

Bizcap will integrate 8fig’s AI-driven systems, enabling the rapid development of cheaper, longer-term funding products and further expanding its global market share. Meanwhile, Bizcap’s global scale, operational expertise, and access to capital will fuel 8fig’s next phase of growth.

Yaron Shapira, CEO of 8fig, said the partnership will accelerate growth by expanding technology, entering new markets, and forming strategic alliances without budget limits.

“Our mission remains the same: empowering SMEs and e-commerce businesses to scale globally. With Bizcap’s talented team beside us, we’re ready to take that mission to new heights,” he said.

About Bizcap

Bizcap is a global non-bank financing provider offering fast, flexible funding to small and medium-sized enterprises (SMEs) in Australia, New Zealand, Singapore, US (as NewCo Capital Group), Canada, the UK, and Europe. Founded in 2019, Bizcap empowers SMEs by offering approvals in as little as three hours, with same-day funding available. Bizcap has funded more than 66,000 SMEs, totalling AUD$3 billion, while holding a 4.9/5 Trustpilot rating.

For more information, visit bizcap.com.au

About 8Fig

8fig is an AI-driven funding and cash flow planning platform for e-commerce sellers. The company was founded in 2020 by co-founders Yaron Shapira, Assaf Dagan and Roei Yellin. Its “AI CFO” combines continuous, flexible growth capital with planning tools across cash flow, inventory, and supply chain which helps online sellers forecast and scale with confidence. To date, 8fig has delivered more than US$500 million in funding to online sellers.

For more information, visit 8fig.co

Azazie Brings Its Beloved Bridal and Formalwear Collections to Life with an Exclusive Pop-Up Experience in Berkeley

LOS ANGELES, Oct. 21, 2025 /PRNewswire/ — Azazie, the leading DTC e-tailer for all things bridal and occasion wear, is bringing its acclaimed designs offline with a one-day pop-up experience in Berkeley, California, on Saturday, October 25, 2025, from 9:00 AM to 5:00 PM at the DoubleTree by Hilton Berkeley Marina (200 Marina Blvd, Berkeley, CA 94710).

This special event offers Bay Area brides, bridesmaids, and formalwear shoppers an exclusive opportunity to try on Azazie’s best-selling collections in person, including styles from the brand’s Bridal, Bridesmaid, and Atelier lines. Known for its affordable luxury, inclusive sizing, and online convenience, Azazie’s pop-up brings the digital experience to life—allowing guests to see, touch, and try before they buy.

What to Expect

Guests will enjoy an immersive shopping experience designed to make finding the perfect dress effortless and fun:

  • Browse and try on dresses in person, including Azazie’s most-loved silhouettes and fabrics
  • Exclusive pop-up discounts of up to 85% off select styles
  • “Ruffle” giveaway with chances to earn $5–$20 coupons redeemable during the event
  • Dresses available in sizes 00–30, offering inclusive options for every body type
  • All sales are final; no returns or exchanges

Ticket Options

  • General Admission – Free: Enjoy complimentary access to browse, try on, and shop throughout the day
  • Early Access VIP Ticket – $30: Gain priority entry, early shopping access, and an enhanced experience before doors open to the public

Visit www.azazie.com/berkeley for more information and to reserve your spot now!

About Azazie:

Azazie is the leading DTC e-tailer for bridal gowns, bridesmaid dresses, special occasion wear, and accessories, offering high-quality gowns at affordable prices. Based in the tech capital of Silicon Valley,  Azazie is disrupting the traditional bridal industry while garnering high ratings from customers and review sites alike. With 200+ bridal gowns and 400+ bridal party dresses in over 80 colors, Azazie is committed to body-positive fashion, offering all dresses from size 0-30, cut and sewn to order like expensive bespoke designs.  Visit the website at  www.azazie.com.

Australian employees call for structural change amid mental distress in the workplace

  • New research from Allianz Australia reveals nearly six in ten of surveyed Australian employees have experienced mental distress as a result of factors like workload pressure, meetings overload, and unrealistic deadlines.
  • Allianz Primary Psychological Workers Compensation claims have surged by 28.4 per cent between FY21 to FY25, with 2.73 million Australians likely to consider leaving their job within the next year.
  • Surveyed Australian employees are calling for better manager training to support employee wellbeing, fewer unnecessary tasks and recurring mental health days.
  • In response, Australian organisations are set to invest $33.83 billion in mental health support services this year.
  • Allianz is launching the “Unschedule the Burnout” hub, a suite of resources to support Australian workplaces and their employees to prevent burnout.   

SYDNEY, Oct. 21, 2025 /PRNewswire/ — New research from Allianz Australia reveals that supporting mental health in the workplace continues to be a challenge, as managers and employees alike are feeling mental distress as a result of workload.  

Almost 80 per cent of surveyed employees and almost two thirds of surveyed managers do not believe their organisation enforces good workplace habits and boundaries to reduce burnout. The majority of surveyed managers (78 per cent) cite systemic barriers to reducing burnout, ranging from a lack of time and resources (26 per cent) to the availability of suitable technology (26 per cent) and conflict with other workplace priorities (23 per cent). 

Nearly six in ten (59 per cent) surveyed employees stated they have experienced work-related mental distress, with workload pressure, meeting overload, and unrealistic deadlines the leading contributors. The average Australian employee reports spending 3.31 hours per week on tasks or meetings deemed unnecessary and nearly a third (32 per cent) felt unable to take proper breaks due to their back-to-back schedules.  

Beyond the workplace, 19 per cent of surveyed employees said technology made it difficult to switch off from work. One in four employees also report that their cost of living worries and financial pressures affect their ability to focus at work.

The research also reveals that 2.73 million Australians are considering leaving their jobs within the next year.

Concerns around work-related mental distress are reflected in a relative increase of 28.4 per cent in Allianz Primary Psychological Workers Compensation claims between FY21 and FY25, alongside a 10 per cent rise in the average time off per claim; jumping to 81 days.  

Mark Pittman, Executive General Manager – Personal Injury, Allianz Australia says, “Our claims data tells us that mental stress and work pressure is the second highest contributor of primary active psychological claims (34%). We are all on a journey and everyday we are learning more and more about supporting mental health in the workplace. While Allianz works to support injured workers who have been harmed by workplace stress, we recognise that the best outcomes are achieved through prevention. Through our insights, guides and other resources, we hope to positively contribute to creating more mentally healthy workplaces.”  

Unschedule the Burnout 

Allianz’s research, now in its seventh year, identifies opportunities for workplaces to “Unschedule the Burnout” in order to support the mental health of their workforce.  

To support organisations, Allianz has released a series of tailored resources, including video tutorials and comprehensive guidelines for the construction, education, healthcare and professional services industries to help prevent burnout across their workforce. Given the surveyed employee feedback that external pressures affect their ability to focus at work, this approach goes beyond a purely workplace lens, reconsidering the established notion that burnout is caused solely by the demands of the workplace.   

While active recovery is critical for reducing stress, a staggering 73 per cent of employees report being unable to schedule regular personal time for themselves. When it comes to household duties, 78 per cent were not splitting responsibilities equally, and 81 per cent do not have a reliable network to help with routine tasks like school drop offs or caregiving.  

Additionally, just one in three (35 per cent) managers believe their organisation recognises and accommodates the needs of working parents and carers and just 29 per cent believe employees feel comfortable raising concerns about bias or discrimination related to family or caring responsibilities. 

Brianna Cattanach, National Manager Mental Health Strategy – Personal Injury, Allianz Australia says, “Allianz is calling on Australian workplaces to take a holistic view of employee wellbeing. Business leaders can support this through job design that ensures; manageable workloads, a natural ebb and flow to work demands, adequate ‘recovery’ time during work hours and ground rules for disconnecting after-hours. 

“This should be accompanied with manager training on how to set these healthy workforce habits, and respond with empathy to work-related burnout and mental distress. This was the most sought after measure that surveyed employees want their organisation to commit to.” 

Helen Lawson Williams, co-founder of anti-burnout program TANK says: “Burnout looks differently, depending on the person, role or industry. But burnout certainly doesn’t have to be part of a job. It can be prevented when teams are checking in with each other on the right things, and taking action early. Employees can start by recognising when their stress / recovery balance is off, which could feel like fatigue, overwhelm, irritability, or caring less about their work than usual.

“Speak up before things escalate, and be specific about what’s making it harder to limit stress or recover well – whether it’s meeting overload, lack of breaks, unrealistic deadlines or inability to focus due to pressures outside the workplace. Ask for what you need, and use the support your workplace offers, like Employee Assistance Program services. Don’t underestimate the power of small changes: taking proper breaks, setting boundaries, and prioritising recovery activities like sleep and exercise can be enough to reset your stress / recovery balance, preventing burnout for good.” 

Visit Allianz’s Unschedule the Burnout Hub at Allianz.com.au/UnscheduleTheBurnout to access the suite of resources.

Eason Technology Limited Received NYSE American Non-Compliance Letter

HONG KONG, Oct. 21, 2025 /PRNewswire/ — Eason Technology Limited (“Eason Technology” or the “Company”) (NYSE: DXF) today announced that it received a notice from NYSE Regulation indicating that the Company is not in compliance with the continued listing standards of NYSE American LLC (“NYSE American” or the “Exchange”) on October 14, 2025. The Company is below compliance with Section 1003(a)(ii) of the NYSE American Company Guide (the “Company Guide”) since it reported stockholders’ equity of RMB 28 million (approximately USD$3.8 million based on an exchange rate of RMB 7.2993 to US$1.00) as of December 31, 2024, and losses from continuing operations and/or net losses in three of its four most recent fiscal years ended December 31, 2024 (the “Deficiency”). The Company is also not currently eligible for any exemption in Section 1003(a) of the Company Guide from the stockholders’ equity requirements.

The Company is now subject to the procedures and requirements set forth in Section 1009 of the Company Guide. In connection with its Deficiency, the Company must submit a plan by November 13, 2025 (“Plan Due Date”), advising of actions it has taken or will take to regain compliance with the continued listing standards by April 14, 2027 (“Compliance Deadline”).

If the Company does not submit a compliance plan or if the plan is not accepted, delisting proceedings will commence. Furthermore, if the plan is accepted but the Company is not in compliance with the continued listing standards by the Compliance Deadline, or if the Company does not make progress consistent with the plan during the plan period, Exchange staff will initiate delisting proceedings as appropriate. The Company may appeal a staff delisting determination in accordance with Section 1010 and Part 12 of the Company Guide.

This delinquency notice has no immediate impact on the listing of the Company’s ADSs, which will continue to be listed and traded on the NYSE American during the cure period subject to continued compliance with the other listing requirements of the NYSE American.

About Eason Technology Limited

Eason Technology Limited is a company engaged in real estate operation management and investment and digital technology security business in Hong Kong, China. The Company was formerly a licensed microfinance lender serving individuals and SMEs in Hubei Province, China, but has suspended offering loans to its customers since 2020.

Safe Harbor Statement

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. 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. Such information speaks only as of the date of this release.

Media Contact: 

Mark Xu
ir@dunxin.us

LabConnect Featured in Season Finale of Emmy-Nominated Series Tomorrow’s World Today

JOHNSON CITY, Tenn., Oct. 21, 2025 /PRNewswire/ — LabConnect, a leading provider of global central laboratory and support services for clinical trials, will be featured on the season 9 finale of the innovation-focused TV series, Tomorrow’s World Today. Premiering on Science Channel on November 8, the episode explores how LabConnect is redefining clinical trial support as a technology-first partner for pharma and biotech.

Tomorrow’s World Today is an Emmy-nominated and Telly Award winning series exploring the latest advancements in science, sustainability, innovation, and technology. Airing on Science Channel and Discovery Channel, the show uncovers compelling stories behind transformative ideas and solutions that are redefining how we live, work, and interact with our world.

The LabConnect episode features interviews with Chief Executive Officer Wes Wheeler, Chief Commercial and Strategy Officer Julia Tarasenko, and Chief Technology Officer Charles Castano. Together, they share what makes LabConnect “a lab like no other”, from its global footprint and custom kit-building capabilities to its technology-driven approach that delivers new levels of flexibility, scalability, and efficiency for clinical trials worldwide.

“Clinical research is advancing at an unprecedented pace, and LabConnect is proud to be at the forefront of this transformation,” said Wes Wheeler, CEO of LabConnect. “Our appearance on Tomorrow’s World Today highlights how innovation in lab services can remove barriers, advance discovery, and ultimately bring life-changing therapies to patients faster.”

Tune in on Saturday, November 8 at 10am ET on Science Channel to discover how LabConnect’s innovative, sustainable solutions advance clinical studies of all sizes and complexities with unmatched precision and speed. You can also watch the episode on Discovery Channel on Sunday, November 9 at 8:30am local time or stream the episode on YouTube on November 10.

About LabConnect 
LabConnect is redefining central laboratory services as a technology-driven partner for pharmaceutical and biotechnology companies. Our decentralized network model provides sponsors with access to the industry’s most comprehensive global testing menu, supported by advanced sample tracking, data management, and expert consulting services. With an asset light approach spanning functional service provider solutions, specialty testing, and ancillary support, we deliver scalability and efficiency beyond the limits of traditional laboratory ownership. By building the lab network of the future, LabConnect accelerates the development of life-changing therapies with greater precision, flexibility, and speed. Follow us on LinkedIn and learn more at www.labconnect.com.

About Tomorrow’s World Today
Tomorrow’s World Today is a dynamic series that explores the latest advancements and innovations shaping our world. Featuring knowledgeable experts across various industries, the show delves into a wide array of captivating topics, including sustainable technologies, revolutionary medical breakthroughs, environmental conservation and more. Tomorrow’s World Today goes beyond the surface to uncover the stories behind transformative ideas and solutions that are redefining the way we live, work, and interact with our world. In conjunction with the television show, the Tomorrow’s World Today website serves as an invaluable online resource for those passionate about staying informed on the latest developments in innovation and sustainability. The website features exclusive content, behind-the-scenes insights, in-depth articles, and interviews with thought leaders who are driving positive change across the globe. For more information about Tomorrow’s World Today, please visit tomorrowsworldtoday.com.

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