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This $13M Biotech Has $40M in Pentagon Funding – Here’s Why BiomX Could Be Biotech’s Best-Kept Secret

VentureBlock

With 3X Its Market Cap in Military Grants and Analyst Targets of $15-16, This Military-Backed Phage Therapy Pioneer Trades at Just $0.48 (NYSE: PHGE)*, all while their competitor (NYSE: ARMP) trades at over 6X ‎‎ BiomX Inc. (NYSE: PHGE)* presents an unusual situation in biotech: a company trading at just below a $13 million market cap that has secured $40 million in non-dilutive funding from the U.S. Defense Health Agency. This Pentagon backing, administered through the Naval Medical Research Command, has enabled the company to advance its bacteriophage therapies without the typical shareholder dilution that plagues early-stage biotechs. The military’s interest centers on antibiotic-resistant infections emerging from conflict zones. According to BiomX CEO Jonathan Solomon, medical personnel are “seeing soldiers coming out of the Ukraine war with extremely antibiotic-resistant infections.” This real-world crisis has elevated phage therapy, using viruses that naturally kill bacteria, from scientific curiosity to strategic priority. ‎ The Numbers Behind the Story BiomX’s recent Phase 2 DANCE trial results help explain the military’s confidence. The study of 41 patients with diabetic foot osteomyelitis showed: Statistically significant reduction in ulcer size by week 12 (p=0.046) Greater than 40% difference in healing between treatment and placebo groups by week 10 Significant improvement in ulcer depth at week 13 (p=0.048) Significant reduction in ulcer area expansion (p=0.017) No serious adverse events These results matter because diabetic foot infections lead to approximately 160,000 amputations annually in the U.S., creating an $8 billion healthcare burden. The same Staphylococcus aureus bacteria causing these civilian amputations also complicates combat wound care, making BX211 a dual-use technology. ‎ Beyond Military Applications While defense funding validates the technology, BiomX’s commercial opportunity spans multiple indications. The company’s BX004 program for cystic fibrosis demonstrated that 14.3% of patients (3 out of 21) completely cleared chronic Pseudomonas aeruginosa lung infections after 10 days of treatment, compared to 0% in the placebo group. One patient had carried the infection for 35 years before achieving clearance. BiomX estimates addressable markets of $2.5 billion globally for diabetic foot infections and $1.6 billion for cystic fibrosis. The FDA has already granted Fast Track and Orphan Drug designations to BX004, potentially accelerating the regulatory pathway. ‎ The Market Disconnect & Opportunity Current analyst coverage reveals a striking valuation gap. H.C. Wainwright maintains a Buy rating with a $15 price target, while Laidlaw & Company also rates the stock Buy with a $16 target. From recent trading levels around $0.52, these targets represent potential upside of approximately 2,800-2,900%. Laidlaw analyst Yale Jen called the BX211 Phase 2 results “an absolutely positive surprise,” characterizing the asset as “high value and clinically de-risked.” H.C. Wainwright’s assessment emphasizes the program’s advancement toward “important regulatory discussions” with the FDA. The disconnect becomes even more apparent when compared to peers. Armata Pharmaceuticals (NYSE: ARMP), the only other publicly-traded pure-play phage therapy company, trades at approximately $70 million, more than 5X BiomX’s valuation despite having just one clinical program compared to BiomX’s two Phase 2 assets and $40 million in military backing. ‎ Understanding the Opportunity Several factors contribute to BiomX's current valuation disconnect: Non-dilutive funding advantage: The $40 million military grant has funded clinical development without issuing new shares, preserving value for existing shareholders. Limited competition: No new drugs have been approved specifically for diabetic foot osteomyelitis in over 20 years, giving BiomX potential first-mover advantage in a massive unmet need. Impressive platform validation: Success in two separate indications (DFO and cystic fibrosis) demonstrates the broader applicability of the phage platform. Near-term catalysts: Phase 2b results for BX004 expected in Q1 2026, FDA meetings for BX211 Phase 2/3 design, and potential additional military funding or partnerships. ‎ The Broader Context BiomX operates within converging megatrends. The Biden administration has proposed $88.2 billion for biodefense over five years, while organizations like DARPA and ARPA-H are investing hundreds of millions in next-generation antimicrobials. NATO has formed a task force specifically to reintroduce phage therapy in military medicine. The company’s ability to address both military and civilian needs positions it uniquely as governments worldwide recognize antimicrobial resistance as a national security threat. With China producing 80-90% of antibiotic raw materials, supply chain vulnerabilities add urgency to developing alternative therapies. ‎ Looking Ahead BiomX’s story combines validated science, government backing, and massive market opportunities with a market cap that appears disconnected from fundamental value. The $40 million in Pentagon funding alone exceeds the company’s current market valuation by 3X, while clinical success and analyst targets suggest significant upside potential. As the company advances toward Phase 2/3 trials for BX211 and awaits Phase 2b results for BX004, the convergence of military necessity and civilian healthcare needs could transform this overlooked biotech into a key player in humanity’s fight against antibiotic-resistant infections. ‎ This article was syndicated from VentureBlock. ‎ ‎ Recent News Highlights BiomX: BiomX CEO Jonathan Solomon to Present at Biomed Israel 2025 Conference BiomX Reports First Quarter 2025 Financial Results and Provides Business and Program Updates BiomX to Host First Quarter 2025 Financial Results Conference Call and Webcast on May 15, 2025 BiomX Announces Compliance with NYSE Guidelines on Audit Opinion Disclosure BiomX Announces Positive Topline Results from Phase 2 Trial Evaluating BX211 for the Treatment of Diabetic Foot Osteomyelitis (DFO) ‎ ‎ * ⚠︎ Paid Advertisement Disclaimer: This content is a paid advertisement. Wall Street Wire has received compensation from BiomX Inc. for promotional media services provided on an ongoing subscription basis. This content is for informational purposes only and does not constitute financial advice. Wall Street Wire is not a broker-dealer or investment adviser. Full compensation details and information regarding the operator of Wall Street Wire are available redditwire.com/terms. We are not responsible for any price targets that may be cited in this article nor do we endorse them, they are quoted based on publicly available news reports and additional price targets may exist that may not have been quoted. Readers are advised to refer to the full reports mentioned on various systems and the disclaimers/disclosures they may be subject to. Contact Details ‎ media.globalmarkets@gmail.com

June 26, 2025 08:31 AM Eastern Daylight Time

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Vertical IQ and Ignite Sales Partner to Streamline Industry Intelligence Integration for Financial Institutions

Vertical IQ

Industry Intelligence leader Vertical IQ and award-winning bank sales engagement platform Ignite Sales, Inc., recently formed a partnership that enables Vertical IQ content to be dynamically applied within the Ignite Sales Engagement Platform to simplify the user experience for business banking sales and financial institutions. Companies formed with shared objectives This alliance is a natural fit for the two organizations, both of which focus on financial institutions’ sales enablement and success. Originally created by bankers for bankers, Vertical IQ was developed with the goal of delivering actionable, convenient, and focused economic and industry insights to help financial professionals win, grow, and retain more business. The easy-to-use platform has since expanded to serve a broad array of professionals including those within accounting, business process organizations, financial advisory services, insurance, business consultants, and more. Vertical IQ’s content currently covers more than 97% of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports. Ignite Sales equips banks with intelligent sales engagement solutions to guide their customers to the right financial products. The Ignite Sales data-driven AI platform delivers interactive, personalized conversations between a banker and a small business customer, helping them uncover the customer’s unique banking needs. The platform also allows self-service users on a financial institution’s website to explore personalized financial solutions that fit each business’s unique needs. One-stop access to valuable industry content The collaboration between Vertical IQ and Ignite Sales integrates Vertical IQ’s robust industry and economic content directly into the Ignite Sales platform, enabling frontline bankers to access useful Industry Intelligence in real-time during customer conversations. The integration not only enhances the value of each customer interaction, but also simplifies the user experience for the two companies’ shared financial institution clients. “Our partnership with Ignite Sales is about empowering bankers with actionable insights exactly when and where they need them,” said Paul Hock, VP of Sales and Strategic Partnerships at Vertical IQ. “By surfacing elements of our Industry Intelligence directly within the Ignite platform — and simplifying access to additional Vertical IQ content — we’re enabling more informed conversations that lead to deeper relationships and better outcomes for the bank or credit union and their customer.” The alliance between the two organizations also addresses a growing demand among banks to streamline the processes used by their frontline teams, saving time while still delivering personalized, consultative experiences for customers. By embedding Vertical IQ content directly into the Ignite platform, bankers can now access key industry trends, pain points, and financial benchmarks without switching between platforms, making it easier to guide customers and prospects through their financial journeys. The result is more knowledgeable and confident bankers and higher satisfaction of businesses with their business banking experience. “Our mission at Ignite Sales has always been to help financial institutions deliver exceptional, tailored customer experiences that enhance banker confidence and business satisfaction during the sales process,” said Ken Patrick, Chief Growth Officer of Ignite Sales. “This partnership with Vertical IQ takes that commitment to the next level by providing bankers with immediate access to high-value industry data within our digital engagement service. The result is smarter conversations and a seamless experience for our financial services clients.” The integration is currently being rolled out with the two companies’ joint financial institution clients and is expected to be available to all Ignite Sales users in Q4 of 2025. To learn more about Vertical IQ or to request a demo, visit www.verticaliq.com. For more information about Ignite Sales or to schedule a demo, go to www.ignitesales.com. ABOUT VERTICAL IQ Headquartered in Raleigh, N.C., Vertical IQ is a nationally recognized leader in Industry Intelligence. Whether they’re pitching a local brewery or a national biotech company, successful sales, marketing and customer success teams use Vertical IQ to better understand a prospect’s or client’s business challenges before, during and after meetings. Covering more than 97% of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports, Vertical IQ equips users with the confidence and credibility to make memorable first impressions and sustain enduring relationships. ABOUT IGNITE SALES Ignite Sales’ patented data-driven AI sales engagement platform digitally empowers bankers and self-service users for significant performance impact. Using artificial intelligence and behavioral science proven for over 20 years with the industry’s leading financial institutions, Ignite’s award-winning analytics enlightens bank management with valuable information unattainable with any other fintech platform. Ignite is the only provider in the market that helps financial institutions, bankers and users discover and uncover relevant personal needs at the center of every customer journey. As a result, financial institutions increase customer satisfaction while unifying all channels to provide a consistent experience, as well as increase sales by digitally guiding and empowering customers to make confident, comprehensive and accurate buying decisions. Visit us at www.ignitesales.com, on LinkedIn and X @IgniteSales. Contact Details Julie Gilbert +1 919-787-4600 jgilbert@verticaliq.com Company Website https://verticaliq.com/

June 26, 2025 08:00 AM Eastern Daylight Time

First Global Smart Machinery and Electronics Expo hosted by China Electronics Chamber of Commerce will be held in December

Grand Newswire

The inaugural Global Artificial Intelligence Machines and Electronics Expo will take place in Macao and Zhuhai from December 4, 2025, adopting an innovative "One Expo, Two Cities" model.This Expo is hosted by China Electronics Chamber of Commerce. The three-day event will open to professional visitors for the first two days and to the public on the third day, expecting over 70,000 professional attendees. A press conference held by the Guangdong Provincial Government on June 23.Themed "Bay Area Intelligence, Globally Embraced," it positions itself as a "Technology Trendsetter, Global Networking Hub, and Industry Accelerator" to enhance the GBA’s influence in global smart manufacturing. Amid intensifying global tech competition, breakthroughs in artificial intelligence, quantum computing, and low-altitude economy are reshaping industries, with smart machinery and electronics as core battlegrounds. The Expo will showcase leading enterprises and high-growth startups, with representatives from the United Nations International Trade Centre and the International Semiconductor Industry Association attending. This Expo adopts the "One Expo, Two Cities" model, featuring a "1+1+6+N" framework: one opening ceremony, one keynote forum, six themed pavilions, and numerous sub-forums, new technology launches, and supply-demand matchmaking sessions. Macao’s venue will focus on smart electronics, spanning 40,000 square meters with 500 exhibitors across three pavilions: Smart Communications and IoT, Smart Audio-Visual and Metaverse, and Venture Capital and International Exhibition. Exhibits in Macao will include satellite communications, integrated circuits, advanced displays, smartphones, AR/VR/XR products, wearable devices, and cutting-edge innovation projects. Zhuhai’s venue will emphasize smart machinery, covering 30,000 square meters with 500 exhibitors in three pavilions: Smart Equipment and Industrial Internet, Intelligent Transportation and Future Mobility, and Smart Home and Health Technology. Zhuhai’s displays will feature robotics, digital transformation solutions, new energy vehicles, intelligent driving, drones, low-altitude technologies, smart homes, and smart healthcare applications. The Expo is guided by Guangdong’s Commerce and Industry Departments, hosted by the China Electronics Chamber of Commerce, and supported by the Hengqin Guangdong-Macao In-Depth Cooperation Zone, Macao’s Trade and Investment Promotion Institute, and Zhuhai’s government. The Expo fosters capital-technology synergy and shared manufacturing resources, creating an integrated industrial ecosystem for exhibitors. Roadshows will commence in Beijing, followed by international events in Germany, Thailand, and Indonesia, and domestic promotions in Shanghai, Hangzhou, Chengdu, and Shenzhen. Media promotion will combine authoritative mainstream outlets with vertical industry media for credible outreach and precise targeting of global decision-makers. This Expo will fully leverage new media platforms like Douyin, Kuaishou, Xiaohongshu, and YouTube to build an interactive ecosystem, amplifying the Expo’s global reach and influence. About China Electronics Chamber of Commerce The China Electronics Chamber of Commerce (CECC), founded in 1988, is a national and industrial social organization formed voluntarily by enterprises, institutions, social groups, industry experts and scholars engaged in the electronic information industry including product production, operation, scientific research, teaching, services, internet and Al in China. The CECC is registered with the Ministry of Civil Affairs and has the status of an independent legal entity. Its party building and personnel is under the management of the Society Work Department of the CPC Central Committee, the major industry management authority is the Ministry of Industry and Information Technology (MIIT), and its highest authority is the General Assembly of Members & General Council. Through its 8 systems, 9 platforms, 10 departments and 38 professional committees (including committees under preparation), the CECC provides high-quality member services and business support to more than 16,500 direct members, branch members, professional members and group members. Contact Details China Electronics Chamber of Commerce Li xu service@cecc.org.cn Company Website https://www.cecc.org.cn/english/

June 26, 2025 02:47 AM Eastern Daylight Time

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The Reservoir and Naturipe Berry Growers Partner to Accelerate Strawberry Farming and Innovation in Salinas Valley

The Reservoir

The Reservoir, a California nonprofit building a new system for agricultural innovation, has partnered with Naturipe Berry Growers, Inc., one of North America’s oldest and most respected strawberry growers, to bring dedicated farming innovation and commercialization to Reservoir Farms, its flagship on-farm startup incubator in Salinas Valley. As the second farming partner following Tanimura & Antle, Naturipe brings deep berry-growing expertise, reinforcing Reservoir Farm’s commitment to advancing high-quality specialty crops. The partnership lays the foundation for a long-term innovation, bridging cutting-edge research with real-world farming systems. Located at the intersection of Highway 68 and Hitchcock Road, the Reservoir Farms site is minutes from downtown Salinas and sits in the heart of one of the most productive specialty crop regions in the world. With 15 acres under development, Reservoir Farms is purpose-built to provide startups with direct access to farmland, infrastructure, and growers—offering the kind of in-field testing and feedback loop that’s essential for bringing new technologies to market. Under the terms of the partnership, Naturipe will manage an initial five acres of strawberries at Reservoir Farms, overseeing all aspects of planting, field preparation, harvesting, and production. The company will also work closely with The Reservoir and participating startups to explore opportunities for technology integration, field validation, and innovation in sustainable farming. “Naturipe brings unmatched farming leadership, a deep-rooted commitment to the Salinas Valley, and a strong belief in what’s next for agriculture,” said Danny Bernstein, founder and CEO of The Reservoir. “This partnership represents the best of what Reservoir Farms is about—bringing experienced growers together with innovators to build practical, scalable solutions that serve the entire agricultural community.” The collaboration represents hundreds of thousands of dollars in annual in-kind value, contributed by Naturipe in the form of operational support, infrastructure, and agronomic expertise. In recognition of its leadership, Naturipe will be named a Premier Sponsor of Reservoir Farms and will play a central role in shaping both operations and strategic programming on-site. “We see Reservoir Farms as a unique platform to accelerate innovation that’s grounded in real farming,” said Hank Guerrero, Vice President of Ag Operations at Naturipe Berry Growers. “Our partnership is a natural extension of our values—supporting a stronger, smarter, and more sustainable future for specialty crop agriculture.” A New Model for AgTech Deployment Founded in 2024, the Reservoir is building a new ecosystem for agricultural innovation—connecting startups, growers, and institutions to solve generational challenges in farming. Reservoir Farms is its flagship program: a nonprofit, on-farm startup incubator that helps agricultural robotics, automation, and digital solutions scale faster by embedding them in working production environments. Reservoir Farms Salinas is the first of multiple locations set to launch across California, with the goal of bridging the gap between prototype and adoption by breaking down the barriers separating Silicon Valley innovation from farmland. With support from partners like Naturipe, startups will be able to iterate rapidly, generate critical performance data, and build trust with the growers who rely on their tools. Reservoir Farms will dedicate portions of its acreage to key crops in Salinas Valley—starting with strawberries, leafy greens, and vegetables—using staggered planting schedules and variable plot sizes to support a wide range of pilot activity. The site will also feature co-working facilities, infrastructure for equipment testing, and shared services to support early-stage ventures. Built to Scale Impact Across Agriculture Reservoir Farms is committed to: Empowering Farmers: Providing access to the latest technologies to help address labor shortages, improve yields, and reduce input costs. Accelerating Startups: Supporting over 50 early-stage companies within the first five years through direct field engagement. Boosting the Local Economy: Creating over 500 high-quality jobs and new career pathways in high-tech agriculture. Driving Sustainability: Piloting technologies that support water efficiency, improved soil health, and regenerative farming practices. “This initiative reinforces the Salinas Valley’s role as a global leader in agricultural innovation,” Bernstein said. “Together with Naturipe, we’re building a launchpad that turns visionary ideas into practical, profitable, and climate-resilient solutions for California and beyond.” The official groundbreaking for Reservoir Farms is planned for late summer 2025. # # # About the Reservoir: The Reservoir is a new system for specialty crop innovation. Reservoir Farms is a nonprofit, on-farm startup incubator that helps agricultural robotics and automation companies develop, test, and scale breakthrough technologies directly in working farm environments. It’s designed to close the gap between promising prototypes and real-world deployment—accelerating solutions to urgent challenges in agriculture while supporting inclusive rural economic development. Reservoir Ventures, the Reservoir’s affiliated venture fund, invests in the most promising startups emerging from the incubator. Learn more at www.reservoir.co. About Naturipe Berry Growers: Founded in 1917, Naturipe Berry Growers, Inc. is one of the oldest and largest strawberry grower-shippers in North America. With deep roots in the Salinas Valley, Naturipe is committed to sustainable farming, community leadership, and forward-thinking partnerships that position growers for long-term success. The company supports cutting-edge research, responsible land stewardship, and innovative collaborations that advance the future of agriculture. Contact Details AgTech PR for The Reservoir Jennifer Goldston jennifer@agtechpr.com Company Website https://www.thersvr.org/

June 25, 2025 09:00 AM Pacific Daylight Time

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Cisco & Qualcomm Extend Direxion’s Edge in Single Stock Daily Leveraged & Inverse ETFs

Direxion

Direxion, a leading provider of ETFs for tactical traders, and a pioneer in Single Stock Daily Leveraged & Inverse ETFs, expanded its industry-leading lineup of high-powered trading tools with the launch of four new funds tracking the performance of Cisco Systems, Inc. (CSCO) and QUALCOMM Incorporated (QCOM). These funds provide traders with amplified, or inverse, exposure to CSCO or QCOM via the Direxion Daily CSCO Bull 2X ETF ( Ticker: CSCL ) and Direxion Daily CSCO Bear 1X ETF ( Ticker: CSCS ), or the Direxion Daily QCOM Bull 2X ETF ( Ticker: QCMU ) and Direxion Daily QCOM Bear 1X ETF ( Ticker: QCMD ). “Cisco and Qualcomm are at the forefront of networking and wireless innovation, sectors that are integral to the digital economy,” said Douglas Yones, CEO of Direxion. “By introducing these ETFs, we empower traders to capitalize on short-term movements in these pivotal technology stocks, reflecting our commitment to providing targeted tools for dynamic market engagement." Designed for active traders, Direxion’s pairs of Single Stock Leveraged & Inverse ETFs are built for short-term trading – not long-term investing. These ground-breaking trading tools are intended for experienced traders with a high risk tolerance. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these products track the price of a single stock rather than an index, offering no diversification benefits. All Direxion Leveraged and Inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if Leveraged and Inverse ETFs – including Single Stock Daily LETFs – are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $40.7 billion in assets under management as of March 31, 2025. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866.476.7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases, and the Bear Fund will lose money even if the underlying stock’s performance decreases, over a period longer than a single day. Investing in the Funds is not equivalent to investing directly in CSCO or QCOM. Direxion Shares Risks – An investment in a Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Leverage Risk – The Bull Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. A total loss may occur in a single day. Leverage will also have the effect of magnifying any differences in the Fund’s correlation with CSCO or QCOM and may increase the volatility of the Bull Fund. Daily Correlation Risk - A number of factors may affect the Bull Fund’s ability to achieve a high degree of correlation with CSCO or QCOM and therefore achieve its daily leveraged investment objective. The Bull Fund’s exposure to CSCO or QCOM is impacted by CSCO or QCOM’s movement. Because of this, it is unlikely that the Bull Fund will be perfectly exposed to CSCO or QCOM at the end of each day. The possibility of the Bull Fund being materially over- or under-exposed to CSCO or QCOM increases on days when CSCO or QCOM is volatile near the close of the trading day. Daily Inverse Correlation Risk - A number of factors may affect the Bear Fund’s ability to achieve a high degree of inverse correlation with CSCO or QCOM and therefore achieve its daily inverse investment objective. The Bear Fund’s exposure to CSCO or QCOM is impacted by CSCO or QCOM’s movement. Because of this, it is unlikely that the Bear Fund will be perfectly exposed to CSCO or QCOM at the end of each day. The possibility of the Bear Fund being materially over- or under-exposed to CSCO or QCOM increases on days when CSCO or QCOM is volatile near the close of the trading day. Cisco Systems, Inc. Investing Risk – Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. Cisco Systems, Inc. faces risks associated with: impacts on operations from various avenues; supply chain disruptions; volatility of sales to service providers and cloud markets; changes in distribution; high competition; need to manage strategic alliances; complexities of inventory management; changes in supply and demand for software subscriptions; reliance on new product development; among other risks. QUALCOMM Incorporated Investing Risk – Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. The value of an individual security or particular type of security may be more volatile than the market as a whole and may perform differently from the value of the market as a whole. QCOM faces risks associated with: concentration of revenues amongst a small number of customers; vertical integration; concentration of business in China; requirements to grow the business and add new products and services; inability to profit from acquisitions and strategic transactions; limitations in supply chain and in demand for products and services; among other risks. Information Technology Sector Risk – The value of stocks of information technology companies, and companies that rely heavily on technology, is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation, and competition, both domestically and internationally, including competition from competitors with lower production costs. Semiconductor Industry Risk – Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on such companies’ profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Companies in the semiconductor industry may have products that face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for qualified personnel. Additional risks of each Fund include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Industry Concentration Risk, Market Risk, Indirect Investment Risk, and Cash Transaction Risk. Additionally, for the Direxion Daily CSCO Bear 1X ETF and Direxion Daily QCOM Bear 1X ETF, Shorting or Inverse Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of a Fund. Distributor: ALPS Distributors, Inc. Contact Details Ditto Public Relations Danielle Black, AD direxion@dittopr.co Company Website https://www.direxion.com/

June 25, 2025 09:00 AM Eastern Daylight Time

Avenue Z Announces Strategic Promotions Fueling Next Phase of Rapid Growth

Avenue Z

This move reflects Avenue Z’s commitment to cultivating the industry's best talent, promoting three standout team members into roles that lead strategic communications, media relations, and AI Optimization, their award-winning, first-mover solution for brands looking to gain visibility in AI search. Avenue Z, the marketing and communications agency leading AI optimization and influence across all media channels, is proud to announce a new wave of internal promotions, recognizing the exceptional strategic leadership driving momentum across sectors from finance, fintech, AI, and Blockchain to eCommerce. Libbie Wilcox Promoted to Vice President and Managing Director, Avenue Z New York Libbie Wilcox has been appointed Vice President and Managing Director of Avenue Z’s NYC office, where she will integrate strategy across the agency’s New York client portfolio, build high-performing teams, and deliver operational precision. Libbie is known as a trusted advisor, sounding board, and executor to all clients from the earliest stages to IPO, through new ventures or crises. Since joining Avenue Z, she has successfully run many of the company’s high-profile accounts across the Alternative Asset and Venture Capital ecosystem, including Alan Patricof and Primetime Partners. Her leadership and innovation are changing the game for strategic communications, earning past recognition as one of Crain's New York's Twenty in their Twenties. Avenue Z’s New York City office has grown steadily under Libbie’s leadership. She spearheads new business initiatives, consistently winning new clients for the firm. “I’m proud to lead the momentum we’re building at Avenue Z in New York. We partner with the most ambitious funds and founders to turn complex ideas into narratives that drive outcomes and shape market perception. At Avenue Z, strategy isn’t an add-on - it’s the solution. I’m excited to keep building a best-in-class team that knows how to tell the stories that matter most and get them found,” said Libbie Wilcox, VP & Managing Director, Avenue Z New York. Bristol Jones Promoted to Vice President and Managing Director, Avenue Z Miami Bristol Jones has been named Vice President and Managing Director of Avenue Z’s Miami office, where she will oversee one of the agency’s fastest growing communications hubs, leading strategic communications that spans content, media, and PR. Since joining Avenue Z, Bristol has been instrumental in leading communications strategy and PR delivery for breakout Web3, blockchain, emerging tech, and payments clients like Better.com, Cognigy, Sagard, and Fundbox. She makes innovations in crypto, AI, and digital finance headline-worthy, delivering 500+ high-impact media placements in outlets including The Wall Street Journal, Bloomberg, TechCrunch, and Forbes. Her outstanding work has earned several awards, including PRWeek’s Women to Watch, Business Insider’s Rising Stars of PR, and NYC Fintech Women’s Inspiring Fintech Females. Under Bristol’s leadership of Avenue Z’s expansion in the Miami market, the South Florida office has experienced rapid growth and become a key hub in the agency’s national influence, expanding its local footprint by 2025, and landing several local awards “Avenue Z is where innovation and influence converge, and I’m honored to lead one of our most dynamic hubs at such a pivotal time. Miami’s energy is unmatched, and so is our opportunity to shape the future of finance, tech, and culture from here,” said Bristol Jones, VP & Managing Director, Avenue Z Miami. Vincent Nezzer Promoted to Vice President, Strategic Delivery - Connecting Strategic Communications and Content for AI Solutions Vincent Nezzer has been appointed Vice President, Strategic Delivery, where he will oversee cross-functional initiatives, including integrated media campaign execution and Avenue Z’s award-winning solution, AI Optimization. In this role, he leads a team of top talent at Avenue Z, guiding delivery for complex, high-visibility projects across multiple disciplines - from thought leadership content to AI ad creation to analytics. With deep experience across digital marketing and SEO, Vincent’s career is shaped by a belief in continuous learning and a refusal to coast. He has driven digital transformation for clients like Carter’s, Kaplan Higher Education, and Groupon - building and scaling lead-generating SEO and content programs. Vincent consistently delivers end-to-end campaign execution that integrates brand strategy, performance media, and technical innovation. “Today, strategic communications is about more than storytelling; it’s about systems thinking. At Avenue Z, we are merging brand strategy, media execution, and AI-powered delivery into one seamless engine that’s setting a new standard for agency-client engagements. I’m excited to help scale that vision and redefine what world-class campaign delivery looks like,” said Vincent Nezzer, VP, Strategic Delivery A Culture of Influence, Leadership, and Growth These promotions reflect Avenue Z’s ongoing commitment to nurturing AI talent from within, while continuing to attract top-tier leaders from across the industry. Alongside their already formidable executive team, these additions strengthen a leadership bench known for aligning around a shared, innovative vision - a hallmark of Jeffrey Herzog’s ability to unite top industry talent under a common mission. “Influence is more powerful when it’s invisible,” said Jeffrey Herzog, CEO of Avenue Z. “It’s architected - with strategy, technology, and precision - across every channel. People rarely notice the work behind the scenes, but make no mistake: influence is built, not born.” Jeff’s message to CEOs: “As a CEO and a three-time founder, I’ve learned this firsthand: with the right team around you, you don’t just react - you shape outcomes. And when you control outcomes, you create real impact. The stakes have never been higher, and the edge goes to those who know how to activate every channel with precision.” With more than 30 years of experience leading the evolution of search, content, and media, Avenue Z delivers high-impact results across strategic communications, PR, and digital marketing. For more information, visit AvenueZ.com or their media outlet, DrivingInfluence.com. Avenue Z is a tech-driven marketing and communications agency leading AI optimization, driving influence across all channels - from ChatGPT to The Wall Street Journal to TikTok. With 30 years of leadership in search and digital marketing, we apply strategic communications, high-impact PR, performance media, and AI optimization to help companies build reputation and grow revenue through our proprietary, technology-driven approach. We are the agency for influence. AvenueZ.com Contact Details Avenue Z +1 407-637-2833 press@avenuez.com Company Website https://avenuez.com/

June 25, 2025 07:58 AM Eastern Daylight Time

IotaComm® Announces New Corporate Headquarters in Research Triangle Region, Expanding Footprint in Chapel Hill’s Innovation Hub

IotaComm

IotaComm, Inc. ("IotaComm"), a next-generation wireless communications and Internet of Things (IoT) solution provider, proudly announces the relocation of its corporate headquarters to 200 West Franklin Street in Chapel Hill, North Carolina—a premier Class A creative office space in the heart of downtown. This relocation marks a major milestone in IotaComm’s mission to build the next nationwide wireless carrier purpose-built for the Internet of Things. By combining secure, carrier-grade connectivity with smart infrastructure applications, IotaComm is enabling a future where buildings and cities can communicate intelligently, efficiently, and affordably. “This move represents more than a change of address—it’s a strategic investment in our future,” said Terrence DeFranco, Chairman and CEO of IotaComm. “By establishing our headquarters in Chapel Hill, we’re aligning our growth trajectory with a world-class talent pool, a thriving innovation ecosystem, and a community that shares our values around sustainability, technology, and education. At the same time, we remain deeply committed to our operations in Lehigh Valley, Pennsylvania, where our roots run deep and where we continue to advance key initiatives in education, smart manufacturing and community-based innovation.” Key Highlights of the New IotaComm Headquarters: Address: 200 West Franklin Street, Chapel Hill, NC 27516 Location: Prime downtown Chapel Hill with an 80 Walk Score—“Very Walkable” Proximity: Steps from the UNC campus and Chapel Hill Transit routes Space: Top-floor office (formerly occupied by a top 20 Fortune 500 tech company) Move-In Ready: Fully furnished with FF&E for rapid activation Talent Access: Immediate pipeline to UNC’s research and student communities “Our journey began through Innovate Carolina’s startup hub,” DeFranco added. “Today we’re proud to be collaborating with regional leaders such as the Ackerman Center for Excellence in Sustainability at UNC Kenan-Flagler Business School, as well as a growing number of partners across the Research Triangle. This move accelerates our ability to build, hire, and innovate with purpose.” A Strategic Growth Platform The new location supports IotaComm’s nationwide expansion of its LoRaWAN® network and its commercialization of Delphi360TM, a platform designed to digitize building systems and deliver real-time insights for air quality, energy use, and asset performance. With strong momentum in the education sector, IotaComm is rapidly accelerating into additional high-impact verticals, including manufacturing, hospitality, and government—each requiring scalable connectivity and actionable data to modernize operations and improve outcomes. “We’re excited to welcome IotaComm to 200 West Franklin and to the greater Chapel Hill business community,” said Hastings Jones, Vice President at CBRE and representative of 200 West Franklin’s ownership, Antoine Puech of MEY Corporation. “This iconic space offers the infrastructure and location needed for a high-growth technology company to scale—and direct access to world-class talent and thought leadership.” IotaComm will continue to grow its operations in Lehigh Valley, PA, including ongoing investments in smart manufacturing initiatives, education partnerships, and community engagement through IotaCommUnity initiatives. The Chapel Hill headquarters complements these efforts and positions the company to scale nationally while staying grounded in its hfounding communities. About IotaComm, Inc. IotaComm® is a private wireless communications and data services company that provides secure, carrier-grade low-power connectivity for the Internet of Things (IoT). Through its nationwide FCC-licensed 800 MHz spectrum portfolio and proprietary Delphi360™ platform, IotaComm® delivers critical data-driven solutions for smart buildings, smart cities, and sustainable infrastructure. IotaComm® leverages the globally adopted LoRaWAN® standard and is a member of the LoRa Alliance®, the leading global association driving the adoption of LoRaWAN® worldwide. Headquartered in Research Triangle Park, NC, with operations in Allentown, PA, IotaComm is committed to innovation, sustainability, and delivering value for customers, communities, and shareholders. For more information, visit www.iotacomm.com. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. IotaComm, Inc. has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained here. Contact Details IotaComm, Inc. Kimberly Velez, Chief of Staff to the CEO +1 855-743-6478 kvelez@iotacomm.com Company Website https://iotacomm.com/

June 24, 2025 12:00 PM Eastern Daylight Time

News Release

NOA Lithium Strikes Critical Water: A Game-Changing Discovery for Rio Grande Project

Global Markets News

In the parched landscapes of Argentina's Lithium Triangle, water is as valuable as the lithium itself. NOA Lithium Brines Inc. (TSXV: NOAL) (OTCPK: NLIBF) has just announced a discovery that could dramatically accelerate the development timeline of its flagship Rio Grande Project—fresh water. The company revealed today that it has successfully located an on-site fresh water source within its 100%-owned Rio Grande Project boundaries, marking a pivotal milestone in the project's advancement toward production. Why This Water Discovery Matters For lithium brine projects, access to industrial water is a make-or-break factor. In the arid regions where lithium salars are typically found, securing water rights and sources can be challenging, expensive, and time-consuming. By discovering this resource on its own property, NOA has eliminated a significant hurdle in the development pathway. "This marks another significant milestone in the advancement of the Rio Grande Project," stated Gabriel Rubacha, NOA's Chief Executive Officer. "Not only have we discovered a fresh water source on-site and within our properties, but its location aligns perfectly with the area of highest lithium concentration and our preliminary assessment for locating a production facility and evaporation ponds." The strategic positioning of this water well, drilled to a depth of 190 meters in the northern section of the project, couldn't be more advantageous. It's situated close to the areas where NOA has identified the highest concentration of lithium and porosity to date—precisely where the company envisions developing future production facilities and evaporation ponds. A Series of Strategic Wins This water discovery adds to NOA's impressive streak of achievements over the past year. The company has methodically checked off critical boxes in its development roadmap: The water well represents one of three fresh water targets identified at Rio Grande, suggesting further potential for expanded water resources as development continues. Positioned in the Heart of the Lithium Triangle NOA's strategic position in Argentina's Lithium Triangle gives it proximity to some of the world's highest-grade, lowest-cost lithium operations. The company has assembled one of the largest lithium brine claim portfolios in the region not owned by a producing company, with over 140,000 hectares across three prospective salars: Rio Grande, Arizaro, and Salinas Grandes. This vast land package in Salta Province—widely recognized as one of Argentina's most mining-friendly jurisdictions—positions NOA alongside industry leaders like Arcadium, Lithium Argentina, Ganfeng, and Rio Tinto. Looking Forward: Accelerating Development With the PEA expected in Q3 2025, NOA is rapidly advancing toward a comprehensive economic evaluation of the Rio Grande Project. The current design contemplates an initial production capacity of approximately 20,000 metric tonnes per year of lithium carbonate equivalent, with scalability to double that capacity through modular expansion. The water discovery adds tangible value to this economic assessment by potentially reducing both capital and operating costs associated with water procurement and transport. As global lithium demand continues to surge, driven by electric vehicle adoption and energy storage requirements, NOA's steady advancement of its Rio Grande Project positions it as an emerging player in the lithium supply chain at precisely the right time. For investors watching the lithium space, NOA's methodical derisking of its flagship project and continued achievement of development milestones make it a compelling story to follow as it progresses toward its goal of becoming Argentina's next major lithium producer. ‎ Recent News Highlights from NOA Lithium: NOA Lithium Discovers Fresh Water at Rio Grande Project NOA Engages Hatch To Lead Preliminary Economic Assessment For Its Rio Grande Project NOA Lithium Advances Towards 2025 Water Exploration at Rio Grande Project Read more about other lithium stocks: NASDAQ: PWM | OTC: LTMCF | NYSE: ALB | NYSE: LAC | OTCQB:NRVTF * Legal Disclaimer & Disclosure - Paid Advertisement: This content is a paid advertisement. Wall Street Wire has received compensation from NOA Lithium Brines Inc. for promotional media services provided on an ongoing subscription basis. This content is for informational purposes only and does not constitute financial advice. Wall Street Wire is not a broker-dealer or investment adviser. Full compensation details and information regarding the operator of Wall Street Wire are available here redditwire.com/terms or in NOA's disclosure's THIS ARTICLE CONTAINS SPONSORED CONTENT PUBLISHED ON BEHALF OF NOA LITHIUM BRINES Contact Details ‎ media.globalmarkets@gmail.com

June 24, 2025 09:18 AM Eastern Daylight Time

News Release

DarioHealth's Platform Solves GLP-1's Biggest Problem, New Research Shows, While Trading at 1% of Hinge Health's $3 Billion Valuation

Global Markets News

DarioHealth Corp. (NASDAQ: DRIO), a digital health innovator in the chronic condition management space, just unveiled significant research findings at the American Diabetes Association Scientific Sessions that could dramatically improve its position in the $100 billion weight loss market. The company's studies demonstrate sustainable outcomes for GLP-1 users even after discontinuing medication - addressing a critical challenge in the industry. The latest findings revealed dramatic improvements in GLP-1 users, with average blood glucose levels dropping from an estimated A1c of 9.0% to 6.7%. Most importantly, users who discontinued GLP-1 medication maintained stable outcomes with no significant weight or glucose rebound for at least six months, according to the company's research. The company's platform leverages artificial intelligence to deliver personalized interventions, with its AI predictive models achieving 89% accuracy in forecasting future glucose levels. These capabilities position DarioHealth to support the growing demand for effective GLP-1 management solutions. Valuation Gap Creates Opportunity With DRIO shares currently trading around $0.69 and a market cap of approximately $30 million, the company appears dramatically undervalued compared to digital health peers. Hinge Health (NYSE: HNGE), which focuses primarily on musculoskeletal care, recently completed its IPO in May 2025 and now trades with a market cap of over $3 billion. This valuation disparity highlights the potential upside for DarioHealth investors. Unlike Hinge Health's focus on musculoskeletal care, DarioHealth offers a multi-condition platform addressing diabetes, hypertension, weight management, and behavioral health. This broader approach provides more comprehensive value to health plans and employers seeking to consolidate digital health vendors. DarioHealth has made strategic moves to strengthen its market position: The company expanded its GLP-1 capabilities through a partnership with MediOrbis, adding prescribing capabilities to enhance its weight management solution It's targeting both employer markets and direct-to-consumer channels The company has built its client base to 97 organizations with a reported 90%+ renewal rate The latest research validates DarioHealth's approach to sustainable weight management. With 44% of large employers now covering obesity drugs according to a Mercer survey, the demand for supportive digital health tools continues to grow. The Financial Picture DarioHealth has been making progress toward improved financial performance. In Q1 2025, the company reported revenue of $6.75 million, a 17% year-over-year increase, with gross margins of 57.5% (70.5% on a non-GAAP basis). Operating expenses decreased 35% compared to the previous year, as the company works toward its stated goal of operational cash flow breakeven by the end of 2025. The Bottom Line As GLP-1 medications continue to reshape weight management approaches, DarioHealth's platform offers a solution to maintain outcomes beyond medication use. The company's comprehensive condition management approach contrasts with more narrowly focused digital health providers like Hinge Health. For investors interested in the digital health sector, DarioHealth may represent an opportunity at current price levels, though it carries the execution risks typical of smaller healthcare technology companies. The significant valuation gap between DarioHealth's $30 million market cap and Hinge Health's $3 billion valuation highlights the potential upside if the company continues to execute on its strategy and build on its latest research findings. ‎ Recent News from Dario: Dario Unveils Groundbreaking GLP-1 and AI-Personalization Digital Health Findings DarioHealth Reports First Quarter 2025 Financial and Operating Results Dario's Digital Health Solution Demonstrates Effectiveness in New Research Examining Flu Vaccination Awareness in High-Risk Populations DarioHealth to Report First Quarter 2025 Results on Wednesday, May 14, 2025 DarioHealth Closes Strategic Refinancing of Existing Debt Facility of up to $50 Million to Provide Additional Operational Flexibility and Support Growth Initiatives ‎ Important Legal Disclaimer & Disclosur e - Paid Advertisement: This content is a paid advertisement. Wall Street Wire has received compensation from DarioHealth Corp. for promotional media services provided on an ongoing subscription basis. This content is for informational purposes only and does not constitute financial advice. Wall Street Wire is not a broker-dealer or investment adviser. Full compensation details and information regarding the operator of Wall Street Wire are available redditwire.com/terms. Contact Details ‎ media.globalmarkets@gmail.com

June 24, 2025 09:07 AM Eastern Daylight Time

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