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NaaS Technology Inc. Received Nasdaq Notification Regarding Minimum Market Value Deficiency

BEIJING, Feb. 21, 2026 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced that it has received written notification (the “MVLS Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) dated February 17, 2026, notifying the Company that it is currently not in compliance with the minimum market value of listing securities (the “MVLS”) of US$35 million for continued listing of the Company’s Class A ordinary shares on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(2) (the “MLVS Requirement”). Nasdaq calculates the MVLS based upon the most recent total shares outstanding multiplied by the closing bid price. The MVLS Notice indicated that the Company has 180 days, or until August 17, 2026 (the “Compliance Deadline”), to regain compliance with the MLVS Requirement by having its MVLS close at US$35 million or more for a minimum of ten consecutive business days. If at any time prior to August 17, 2026, the Company’s MVLS closes at US$35 million or more for a minimum of ten consecutive business days, Nasdaq will provide a written confirmation of compliance and the matter regarding the Company’s MLVS will be closed. Receipt of the MVLS Notice does not result in the immediate delisting of the Company’s Class A ordinary shares and has no immediate effect on the listing or the trading of the Company’s Class A ordinary shares on the Nasdaq under the symbol “NAAS.” 

The MVLS Notice, however, contained a footnote referencing that the Company currently does not meet the other listing requirements under the Listing Rule 5550(b)(1) and 5550(b)(3), and is not in compliance with the listing standards which are: (i) an equity standard that the Company maintain stockholders’ equity of at least US$2.5 million; and (ii) a net income standard regarding the Company’s continuing operations of US$500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years.

The MVLS Notice will not have any immediate effect on the listing of the Company’s Class A ordinary shares, which continue to trade on The Nasdaq Capital Market under the symbol “NAAS”. The Company intends to monitor its market value of publicly held shares between now and August 17, 2026 and intends to cure the deficiency within the prescribed grace period. During this time, the Company expects that its Class A ordinary shares will continue to be listed and traded on the Nasdaq Capital Market. If the Company does not regain compliance by the Compliance Deadline, the Company will receive further written notification from Nasdaq that its securities are subject to delisting. At that time, the Company may qualify for additional time or appeal the delisting determination to a hearings panel.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com

Media inquiries:
E-mail: pr@enaas.com

LATHAM & WATKINS ELECTS 22 NEW PARTNERS

Promotions from counsel include skilled practitioners advising clients across transactional, litigation, and regulatory matters.

NEW YORK, Feb. 21, 2026 /PRNewswire/ — Latham & Watkins LLP1 is pleased to announce that 22 counsel have been elected to the partnership, effective March 1, 2026. The counsel promotions follow the previously announced election of 40 associates to the partnership, effective January 1, 2026.

“We are proud to welcome this incredibly talented and accomplished group to our partnership. They embrace our commitment to client service, teamwork, excellence, and drive, and will strengthen our unparalleled platform and ensure our continued success,” said Rich Trobman, Chair and Managing Partner of Latham & Watkins.

The counsel who have been elected partners are:

Julian Azran (New York) is a member of the M&A and Private Equity Practice. He represents public and private companies, financial sponsors, and their portfolio companies in corporate transactions, including M&A, joint ventures, leveraged buy-outs, investments, co-investments, and corporate governance matters, with a focus on the entertainment, sports, and media industries.

Sandra Benjamin (New York) is a member of the Executive Compensation, Employment & Benefits Practice. She advises corporate clients on complex labor and employment issues, including risks related to M&A and other transactions, employee and other worker agreements, policies and practices, employee disputes, reductions in force and severance arrangements, and compliance with federal, state, and local employment laws.

Erika Brini Raimondi (Milan) is a member of the Banking & Private Credit Practice. She advises private equity sponsors, financial institutions, and portfolio companies on financing transactions, including acquisition and leveraged buyout financings, public takeover financings, private equity and corporate financings, bank loan syndications, debt capital markets, and direct lending and private credit transactions.

Corey Calabrese (New York) is a member of the Securities and M&A Litigation Practice. She represents public companies and financial institutions in securities class actions, shareholder derivative suits, and SEC and other regulatory investigations, and she also represents clients in antitrust and complex commercial litigation matters.

Emily Corbi (New York) is a member of the Public Company Representation Practice. She advises public companies regarding reporting obligations, corporate governance matters, and other issues related to public company status, including compliance with proxy rule requirements, insider reporting obligations, and trading restrictions.

Becky Critchley (London) is a member of the Capital Markets Practice. She advises investment banks, corporate finance houses, regtech and fintech companies, fund managers, lenders, and online trading businesses on UK financial services regulations, particularly relating to consumer protections, structured finance transactions, and benchmark regulation.

Kirstin Scheffler Do (Chicago) is a member of the White Collar Defense & Investigations Practice. She represents healthcare and life sciences companies in government investigations, complex commercial litigation, and regulatory proceedings, including in matters involving the False Claims Act, Anti-Kickback Statute, and other alleged fraudulent conduct.

Michael Dreibelbis (Los Angeles) is a member of the Environment, Land & Resources Practice. He advises private equity sponsors and other investors and project developers on complex offtake agreements and other investments relating to energy transition, with an emphasis on carbon capture and sequestration, low-carbon fuel supply and certification, California cap-and-trade compliance, and voluntary carbon offset transactions.

Kelly Gelfand Egers (New York) is a member of the Banking & Private Credit Practice. She represents financial institutions in leveraged finance transactions, including private credit facilities, syndicated loans, asset-based financings, cross-border financings, and high-yield debt offerings.

Amanda Fortuna (London) is a member of the Banking & Private Credit Practice. She advises sponsors, financial institutions, and borrowers on multi-jurisdictional financings and strategic transactions in core and hybrid infrastructure, including acquisition and strategic growth financings, platform refinancings, joint ventures, and capital structure optimizations.

Clever Gallegos (New York) is a member of the Banking & Private Credit Practice. He advises investment banks, private credit funds, asset managers, alternative financing sources, and corporate borrowers on complex financing transactions across the capital structure, including acquisition financings, cross-border transactions, asset-based financings, recurring revenue-based financings, GPU financings, as well as restructurings and liability management.

Joachim Grittmann (Frankfurt) is a member of the Connectivity, Privacy & Information Practice. He advises public and non-public clients in regulated industries on all aspects of German public and regulatory law, with a focus on digital and energy infrastructure regulation, environmental and ESG laws, and sanctions and export control.

Delyth Hughes (London) is a member of the Capital Markets Practice. She advises buy-side and sell-side clients on complex cross-border OTC derivative transactions and associated regulation across asset classes, including interest rate, currency, commodity and inflation-linked hedging, structured deal contingent arrangements, repo, total return swap and stock-lending transactions, and Sharia-compliant derivative transactions.

Christopher (Topher) Michail (Los Angeles) is a member of the Structured Finance Practice. He advises asset managers, banks, business development companies, large financial institutions, and borrowers on financing transactions, including collateralized loan obligations, secured and unsecured credit facilities, acquisition financings, structured vehicle financings, asset securitizations, and joint venture origination platforms.

Paul Moura (New York) is a member of the Complex Commercial Litigation Practice. He represents US and international clients in business disputes and high-stakes insurance matters, including coverage disputes, as well as advising on global coverages and the risks associated with emerging technologies, business crises, and corporate transactions.

Matthew Peters (Washington, D.C.) is a member of the Securities and M&A Litigation Practice. He represents companies and executives in complex litigation, including securities fraud class actions, shareholder derivative litigation, de-SPAC litigation, SEC investigations, internal investigations, and books-and-records demands.

Seth Richardson (San Diego) is a member of the Project Development & Finance Practice. He advises project sponsors, investors, and lenders on the development and financing of renewable and conventional energy projects, petrochemical plants and liquefied natural gas terminals, data centers, resorts and convention centers, athletic complexes, and other infrastructure projects.

Gloria Ring (Boston) is a member of the M&A and Private Equity Practice. She advises strategic buyers and sellers, as well as private equity firms and their portfolio companies, on acquisitions, dispositions, recapitalizations, joint ventures, auction processes, minority investments and financings, reorganizations, asset and business division carve-outs, and corporate restructurings, with a focus on the life sciences industry.

Tim Scott (London) is a member of the M&A and Private Equity Practice. He represents clients in corporate and transactional matters in the insurance sector, including M&A, funded reinsurance, sidecars, asset structuring for prudential purposes under Solvency II and other regimes, insurer insolvency and resolution, and corporate reorganizations.

Philipp Studt (Brussels) is a member of the Antitrust & Competition Practice. He advises both private equity sponsors and industrial clients in relation to all aspects of antitrust and FDI law, with a particular focus on providing strategic advice to clients on navigating the growing number of FDI regimes globally.

Tara Tavernia (Washington, D.C.) is a member of the Antitrust & Competition Practice. She represents public and private companies and private equity firms in complex antitrust matters, with a focus on strategic mergers and government conduct investigations.

Jude Volek (Washington, D.C.) is a member of the White Collar Defense & Investigations Practice. He advises companies, universities, and other clients on internal investigations, government enforcement actions, regulatory matters, and litigation, including in matters involving civil rights-related issues as well as artificial intelligence and other rapidly advancing technologies.

About Latham & Watkins (lw.com)

Latham & Watkins is a leading global law firm that brings together exceptional legal talent in financial centers around the world to advise on complex transactions, litigation, and regulatory matters. The firm’s deep market and product knowledge, industry experience, vast scale, and commitment to innovation and excellence help clients navigate their most critical challenges and achieve their goals.

Notes to Editors

1Latham & Watkins operates worldwide as a limited liability partnership organized under the laws of the State of Delaware (USA) with affiliated limited liability partnerships conducting the practice in France, Hong Kong, Italy, Singapore, and the United Kingdom and as an affiliated partnership conducting the practice in Japan. Latham & Watkins operates in Israel through a limited liability company, in South Korea as a Foreign Legal Consultant Office, and in Saudi Arabia through a limited liability company.

Contact
Rich Trobman, Chair and Managing Partner, +1.212.906.1650

 

Mecademic Secures Strategic Funding to Drive Global Expansion

MONTREAL, Feb. 21, 2026 /PRNewswire/ — Mecademic Inc., a leader in compact, high-precision industrial robotics, has raised $21 million CAD (approx. $15.3 million USD). This investment was led by Investissement Québec (IQ), with additional participation from Export Development Canada (EDC) and the Business Development Bank of Canada (BDC).

Mecademic Management (L to R): Philippe Beaulieu, CEO; Eric Boutet, VP R&D; Jonathan Coulombe, CTO; Philippe Jacome, COO; David Massé, CFO.
Mecademic Management (L to R): Philippe Beaulieu, CEO; Eric Boutet, VP R&D; Jonathan Coulombe, CTO; Philippe Jacome, COO; David Massé, CFO.

Strategic Growth and Global Reach

“We are entering a period of rapid growth for automation,” said Philippe Beaulieu, CEO of Mecademic. “This funding allows us to expand our product line, strengthen our global presence, and continue leading in micro-automation. We are proud to support the world’s most prestigious brands wherever they operate.”

The capital will drive product innovation and international scaling, while also funding a new headquarters to meet surging global demand. This expansion follows a period of robust performance, during which Mecademic has consistently outpaced the industry average. The company plans to leverage this momentum by investing heavily in the U.S., European, and Asia-Pacific markets.

Precision Automation for High-Tech Sectors

“Mecademic is a key Quebec-based leader in precision automation,” said Bicha Ngo, President and CEO of Investissement Québec. “Our investment supports their international expansion, helps scale production, and strengthens their governance as they enter this next growth phase.”

Demand for Mecademic’s micro-automation solutions is rising in sectors like electronics, optics, medical devices, and biotechnology. Its ultra-compact robotic arms allow manufacturers and labs to integrate high-speed, precise automation into confined spaces where traditional robots cannot fit.

Strengthened Leadership 

Since 2022, Mecademic has transitioned into a growth-focused global organization. Governance has been reinforced with the appointment of Dominique Jodoin as Chairman of the Board and David Massé as CFO, who brings extensive strategic finance experience. The founding team continues to lead core operations:

  • Jonathan Coulombe (CTO): Technological innovation.
  • Éric Boutet (VP R&D): Product development.
  • Philippe Jacome (COO): Global operations.
  • Ilian Bonev: Senior robotics advisor.

About Mecademic

Based in Montreal, Canada, Mecademic designs and builds the world’s most compact and precise industrial robots. With an open architecture and standard-compliant design, Mecademic’s robotic arms enable manufacturers and machine builders to automate complex processes in tight spaces without sacrificing performance or reliability.

marketing@mecademic.com

Mecademic Industrial Robotics
Mecademic Industrial Robotics

 

Frost & Sullivan Identifies Top 10 Growth Opportunities in Cloud Communications and Collaboration Services for 2026

AI-driven transformation, security imperatives, and programmable communications reshape the global UCC landscape

LONDON, Feb. 21, 2026 /PRNewswire/ — Frost & Sullivan has released its latest analysis, Top 10 Growth Opportunities in Cloud Communications and Collaboration Services, highlighting the strategic shifts redefining the global unified communications and collaboration (UCC) market as artificial intelligence (AI) permeates every major industry trend

The study identifies ten high-impact growth opportunities that providers must prioritise to remain competitive amid accelerating digital transformation.

“AI is no longer a feature – it is the architectural foundation of next-generation cloud communications,” said Elka Popova, Vice President and Senior Fellow at Frost & Sullivan. “From agentic AI and programmable communications to network APIs and vertical-specific solutions, providers must evolve from voice-centric platforms to intelligent, secure, and deeply integrated ecosystems.”

Key Growth Opportunities for 2026

Frost & Sullivan’s research outlines ten critical areas of opportunity, including:

  • Agentic AI that automates workflows and delivers measurable business outcomes
  • Security, privacy, and compliance frameworks that address growing AI-era risks
  • Programmable communications and APIs as enablers of digital business agility
  • Verticalised solutions tailored to frontline and industry-specific needs
  • International expansion to offset saturation in mature markets
  • Comprehensive digital workplace suites integrating UCaaS, CCaaS, and employee engagement
  • Mobile-first communications strategies aligned with distributed workforces
  • Microsoft Teams calling enablement services expanding monetization opportunities
  • Personalisation and AI-powered user experiences driving productivity and engagement
  • Network APIs unlocking new revenue streams and differentiated value propositions

To find out more and download a complimentary excerpt of the growth opportunity analysis, click here.

The study emphasises that providers must move beyond connectivity to deliver modular, secure, and AI-enabled platforms that integrate seamlessly into enterprise workflows.

AI Adoption Accelerates, but Execution Gaps Remain

Frost & Sullivan’s 2025 IT/telecom decision-maker surveys indicate strong demand for AI-enabled communications solutions. A significant majority of organisations report plans to increase AI adoption; however, barriers remain, including employee resistance to digital tools, misalignment between AI strategies and business objectives, and skill shortages.

Security and compliance are also rising to the forefront. As enterprises scale AI across distributed environments, demand is increasing for managed security services, automated compliance tools, and AI governance frameworks.

“Providers that combine secure architectures, vertical expertise, and programmable platforms will be best positioned to capture long-term value,” Popova added. “The opportunity lies not just in feature innovation, but in delivering measurable ROI and tangible business outcomes.”

Strategic Imperative for Providers

Frost & Sullivan concludes that to maximise growth potential, providers must:

  • Invest in AI-enhanced analytics, automation, and domain-specific AI agents
  • Expand developer ecosystems and low-code/no-code integration capabilities
  • Bundle managed services with communications platforms
  • Develop regional infrastructure and partnerships to support global expansion
  • Offer flexible pricing models, including usage-based and API-driven monetization

As the market transitions toward intelligent, integrated digital workplace platforms, companies that align innovation with customer-specific KPIs and regulatory requirements will gain sustainable competitive advantage.

About Frost & Sullivan

Frost & Sullivan, the Transformational Growth Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth opportunities. For over 60 years, Frost & Sullivan has partnered with investors, corporate leaders, and governments to identify, prioritise, and execute transformational growth strategies.

Your Transformational Growth Journey Starts Here: Schedule Your Growth Pipeline Dialog™ 

Contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com

Laka Makes U.S. Retail Debut at Sephora, Bringing Inclusive Beauty to a New Global Audience

LOS ANGELES, Feb. 21, 2026 /PRNewswire/ — Laka, a Korea-based beauty brand recognized for its inclusive approach to lip makeup, is officially launching in the U.S. with its debut at Sephora. Marking the brand’s first major U.S. retail expansion, Laka is now available on Sephora.com and in 80 select Sephora stores nationwide.

Laka debuts at Sephora U.S. with its bestselling lip collection.
Laka debuts at Sephora U.S. with its bestselling lip collection.

Laka has built a strong global following for its lip-focused products that champion self-expression, comfort, and inclusive shade development. With this launch, the brand introduces its modern K-beauty philosophy to U.S. consumers who seek expressive color without rigid beauty standards.

Inclusive, Lip-Focused Expertise

At launch, Laka introduces three core lip products designed to complement a wide range of skin tones and personal styles:

  • Fruity Glam Tint ($18): A lightweight, glossy lip tint that leaves a transfer-proof stain, available in 10 shades, and one of Laka’s most recognized, award-winning products in Asia.
  • Fruity Lip Glotioner ($18): A high-shine lip serum–gloss hybrid formulated with peptides and raspberry seed oil for smooth, comfortable wear.
  • Blonding Glow Lipstick ($16, online only): A hydrating, buildable lipstick designed for effortless everyday color.

Each product reflects Laka’s belief that lip makeup should adapt to the individual — not the other way around.

“Our launch at Sephora marks an important milestone as we expand Laka’s inclusive beauty philosophy to the U.S.,” said Jicheol Lee, CEO of Laka. “We’re excited to connect with consumers who view makeup as a form of self-expression rather than a set of rules.”

Availability

Laka will be available beginning February 20, 2026, on Sephora.com and in 80 select Sephora stores across the United States.

About Laka

Founded in Korea, Laka is a beauty brand built on inclusivity and self-expression, with a specialized focus on lip makeup. The brand creates products designed to complement diverse skin tones, identities, and personal styles—encouraging individuals to define beauty on their own terms.

Follow Laka:
Instagram: @laka.global
TikTok: @laka.beauty

Press Contact:
Laka
Chloe Kim
Email: lakapr@laka.co.kr

NYSE Content Update: Starfighters Space Celebrates NYSE American Listing

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Feb. 20, 2026 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Herbalife CFO joins Live after shares jump 18%

Ashley Mastronardi delivers the pre-market update on February 20th

  • Investors digest a pair of key reports from the U.S. Bureau of Economic Analysis, including the December PCE Report, the Fed’s preferred inflation gauge.
  • Herbalife (NYSE: HLF) CFO John DeSimone will join NYSE Live to discuss the nutrition company’s latest earnings and a new $7.5 million investment by soccer legend Cristiano Ronaldo.
  • Commercial space company Starfighters Space (NYSE American: FJET) will ring the Opening Bell as it aims to send payloads into space using jets that fly at Mach-2 speeds.
  • NYSE’s third annual Space Summit will take place on Monday, bringing together pioneers, executives, and investors in the space industry.

Opening Bell
Starfighters Space (NYSE American: FJET) celebrates its IPO

Closing Bell

SheTO celebrates 6,000+ members building a global movement

For market insights, IPO activity, and today’s opening bell, download the NYSE TV App: TV.NYSE.com

Centrus Energy Rang Thursday's Opening Bell
Centrus Energy Rang Thursday’s Opening Bell

 

MD Local Global Announces Strategic Cultural Partnership with H5 for Fernie Castle Animation Art Gallery

LONDON, Feb. 20, 2026 /PRNewswire/ — MD Local Global Limited (“MDLG”), the UK-based wholly owned subsidiary of MDJM LTD (NASDAQ: UOKA) (the “Company”), today announced that on February 20, 2026, MDLG entered into a Deal Memo with H5 S.A.R.L. (“H5”), a Paris-based creative studio, establishing a long-term partnership for the artistic conception and curatorial development of the Company’s planned Fernie Castle Animation Art Gallery (the “Gallery”) in Scotland.

Previously, on November 20, 2025, the parties entered into a Development and Co-Production Deal Memo for an Animated Short Film. Together, the short film collaboration and the Gallery curatorial partnership reflect a broader strategic relationship between MDLG and H5, combining animation production with the long-term artistic development of the Gallery.

Under the new deal memo, H5 has been appointed as curator of the Gallery and will collaborate with MDLG on the overall curatorial vision, narrative structure, and artistic positioning of the Gallery. This includes the development of its conceptual framework, the design and curation of the permanent collection, and the creation of the inaugural exhibition.

The Gallery is conceived as a distinctive European platform dedicated to animation as an art form. The Gallery is expected to integrate heritage architecture with contemporary animation culture through exhibitions, screenings, educational initiatives, artist residencies, and interdisciplinary cultural programming.

The collaboration further contemplates broader cooperation in visual identity development and curation of future temporary exhibitions, subject to separate agreements between MDLG and H5.

MDLG will finance and oversee the physical production and implementation of the Gallery and its exhibitions, engaging third-party production teams in mutual consultation with H5. H5 will provide artistic leadership and curatorial direction within the scope of its appointed missions.

This strategic partnership establishes the foundation for the commercial extension of a uniquely positioned European animation art initiative and represents a significant step toward the broader economic objectives of the cultural development project.

About MD Local Global Ltd.

MD Local Global Ltd. is a UK-based cultural innovation company specializing in cultural IP development, animation production, international licensing, and cultural venue operations. The company aims to integrate Eastern philosophy with international artistic practices, creating a global cultural ecosystem built on storytelling and immersive experience.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Act. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.

Investor Contact

Sherry Zheng
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com

HeyGears Announces One-Piece Denture Solution – Redefining Digital Dentures with Dual-Material 3D Printing

HeyGears’ One-Piece Denture Solution enables dual-material denture DLP 3D printing, seamlessly fusing denture base and teeth materials in a single printing process to deliver more natural aesthetics and a comfortable fit.

CHICAGO, Feb. 20, 2026 /PRNewswire/ — HeyGears announces breakthrough One-Piece Denture Solution at LMT LAB DAY Chicago.

HeyGears’ One-Piece Denture Solution breaks through the technological constraints and experiential barriers of traditional denture manufacturing by deeply integrating HeyGears’ new UltraCraft MMF (Multi-Material Fusion) DLP 3D printing technology with high-end quality standards. It enables fully customized dentures that deliver exceptional fit, comfort, and natural aesthetics for every patient. More than just a technical advancement, it establishes an entirely new product category, a distinct brand concept, and an innovative business model, reshaping how dentists and patients think about digital dentures.

Balanced Occlusion and Seating Accuracy

Built on HeyGears’ self-developed dual-material DLP 3D printing technology, the One-Piece Denture Solution eliminates adhesive bonding between the denture base and teeth through molecular-level fusion, significantly improving retention strength and structural reliability compared with split-print and bonded workflows. The high-precision process delivers superior surface quality and occlusal accuracy. In HeyGears testing across 15 cases, 100% were within 0.8 mm elevation and over 50% were within 0.5 mm, and elevation within 0.8 mm typically requires no adjustment. This helps avoid the extensive occlusal adjustment often seen in split-bonding cases (about 2–3 mm elevation), which can take 20–30 minutes. With digitally perfected occlusion, dentures can be seated accurately and comfortably with no adjustment needed.

True-to-Nature Aesthetics

One-Piece Denture preserves morphological integrity of tooth, maintaining fine anatomical detail and natural contours. This structural fidelity supports dentures with more lifelike appearance and consistent aesthetic quality across cases. As a result, high-quality visual outcomes can be achieved with minimal manual refinement.

Hygiene-First Design for Long-Term Oral Health

One-Piece Denture Solution produces dentures with a seamless surface structure that helps reduce plaque retention compared with bonded, multi-part designs. With fewer interface gaps and smoother transitions, dentures support better daily hygiene and lower the risk of oral inflammation. The result is easier maintenance and improved long-term oral health outcomes.

HeyGears’ One-Piece Denture Solution represents a new generation of digital denture, moving beyond assembly-based workflows toward fully integrated one-piece production and setting a higher standard for precision, aesthetics, and oral health performance in digital dentures, with added benefits in cost efficiency and new revenue opportunities.

For business inquiries and to learn more, visit www.heygears.com or contact sales@heygears.com.