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TOYO Co., Ltd. Announces Closing of $50 Million Registered Direct Offering

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TOKYO, June 26, 2026 /PRNewswire/ — TOYO Co., Ltd. (Nasdaq: TOYO) (OTC: TOYWF), (“TOYO” or the “Company”), a solar manufacturing company, today announced the closing on June 25, 2026 of its previously announced registered direct offering of an aggregate of 4,545,456 ordinary shares and warrants to purchase up to 4,545,456 ordinary shares, at a combined purchase price of $11.00 per share and associated warrant.

The warrants issued in the offering have an exercise price of $13.20 per share, are exercisable immediately upon issuance, and will expire five years from the date of issuance.

Roth Capital Partners and H.C. Wainwright & Co. acted as the exclusive co-placement agents for the offering. The Company was represented by Robinson & Cole LLP as its legal counsel, and Roth Capital Partners and H.C. Wainwright & Co. were represented by Pryor Cashman LLP as their legal counsel.

The aggregate gross proceeds to the Company from the offering were approximately $50 million, before deducting the placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering to build its previously announced 1.5 GW heterojunction (HJT) solar cell manufacturing facility in the Houston metropolitan area, Texas, as well as for general corporate purposes.

The securities described above were offered pursuant to a “shelf” registration statement (File No. 333-290952) that was filed with the Securities and Exchange Commission (“SEC”) on October 20, 2025 and became effective on November 9, 2025. The offering was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. The prospectus supplement and the accompanying prospectus relating to the offering have been filed with the SEC and are available at the SEC’s website at www.sec.gov. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the offering may also be obtained by contacting Roth Capital Partners, LLC, 888 San Clemente, Suite 400, Newport Beach, CA 92660, (800) 678-9147 or by email at rothecm@roth.com or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by telephone at (212) 856-5711 or e-mail at placements@hcwco.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, 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 the registration or qualification under the securities laws of any such state or jurisdiction.

About TOYO Co., Ltd.

TOYO is a solar manufacturing company that is committed to becoming a vertically integrated solar manufacturer in the global market, integrating the upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells and modules at a competitive scale and cost.

Forward Looking Statements 

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements related to the intended use of net proceeds from the the registered direct offering. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of TOYO’s management and are not predictions of actual performance.

These statements involve risks, uncertainties, and other factors that may cause actual results, activity levels, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. These include market and other conditions, the outcome of any potential litigation, government or regulatory proceedings, the sales performance of TOYO, and other risks and uncertainties, including but not limited to those included under the heading “Risk Factors” in the filings of TOYO with the SEC. Although TOYO believes that it has a reasonable basis for each forward-looking statement contained in this press release, TOYO cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the documents filed by TOYO from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Except as may be required by law, TOYO does not undertake any duty to update these forward-looking statements.

Contact Information

For TOYO Co., Ltd.
IR@toyo-solar.com  

Crocker Coulson
Email: crocker.coulson@aumadvisors.com 
Tel: (646) 652-7185

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SOURCE TOYO Co., Ltd.

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Quantifind Announces $200 Million Growth Investment Led by Summit Partners to Advance AI-native Risk Intelligence and Governed Agentic Middleware for Modern Risk Operations

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PALO ALTO, Calif., June 26, 2026 /PRNewswire/ — Quantifind, the leader in AI-native Risk Intelligence for modern financial crime and national security operations, today announced a $200 million growth investment led by Summit Partners, with participation from existing investors Citi Ventures, S&P Global, Deloitte, and Stephens Group.

As financial crime networks become more sophisticated and operate at increasing speed and scale, financial institutions and government agencies face growing challenges in detecting illicit activity across massive volumes of data while meeting increasingly complex regulatory expectations. Legacy AML, KYC, sanctions screening, and investigative systems can generate excessive false positives, creating operational bottlenecks that slow investigations, create friction for good actors, and divert resources from higher-risk threats.

Quantifind’s Graphyte™ AI-native Risk Intelligence platform is designed to transform financial crime prevention by combining internal and external data with purpose-built language models that power an agentic middleware for entity resolution and risk discovery. Today, Quantifind serves a global customer base, including six of the world’s top 10 Tier 1 financial institutions. Its platform supports tens of thousands of financial crime, compliance and national security professionals.

Operationalizing Graphyte’s Trusted Risk Intelligence for External Agents

As financial institutions and government agencies deploy agentic AI, they face a new challenge: turning AI agents from assistants into trusted operators within risk workflows — a leap that no AI agents can make without trusted intelligence, enterprise controls, and governance. Graphyte Agentic Middleware represents a new generation of agentic AI systems for financial crime detection and response. Designed to help AI agents execute complex workflows across risk operations, it is a critical orchestration layer that helps agents to ground decisions in accurate, explainable, and auditable data.

By aggregating internal, third-party, and open-source data and applying AI entity resolution and relationship intelligence, Graphyte Agentic Middleware enables AI agents to accelerate investigations, uncover hidden networks, and support high-confidence decisions at enterprise scale, all while preserving regulatory compliance, governance, and human oversight.

“Modern financial crime operations require accuracy, speed, scale, and explainability simultaneously — there is no acceptable tradeoff among them in regulated environments,” said Ari Tuchman, CEO and co-founder of Quantifind. “As AI transforms risk operations, success will depend on governed AI systems grounded in trusted intelligence and human oversight. Quantifind continues to be the trusted choice for these AI risk applications.”

Accelerating Global Growth and Customer Impact

Quantifind has generated rapid, profitable growth and has demonstrated an ability to deliver measurable operational and economic impact at enterprise scale. An independent Celent economic analysis estimated that Tier 1 banks deploying Quantifind’s Graphyte™ AI-native Risk Intelligence platform across KYC and sanctions screening alone could reduce annual alert-processing costs by up to $177.9 million, driven by substantially lower false positives and higher-confidence risk decisions.

This growth investment will accelerate Quantifind’s international expansion across Europe, Asia-Pacific, and the Americas, strengthening regional partnerships, advancing regulatory alignment, and extending localized risk intelligence capabilities to help multinational financial institutions and government agencies combat increasingly sophisticated financial crime and adapt to evolving global regulatory requirements.

“Quantifind has established itself as a leader in AI-native Risk Intelligence, a category rapidly becoming fundamental for financial institutions and government agencies,” said Chris Dean, Managing Director at Summit Partners, who has joined the Quantifind Board of Directors. “The Quantifind platform is designed to combine high-precision intelligence, explainability, and enterprise-grade scalability to help financial institutions, fintechs, and marketplaces detect and prevent financial crime with precision and speed. We are excited to partner with Ari and the team as they work to extend their global reach and continue advancing trusted AI infrastructure for regulated risk environments.”

“The financial crime landscape has fundamentally changed. Global institutions face an unprecedented challenge: managing increasingly sophisticated threats across expanding volumes of data, transactions and interconnected entities. Quantifind has built a differentiated AI-native risk intelligence platform designed to bring greater accuracy, speed and scale to these mission-critical operations. We are excited to continue supporting the company as it accelerates its global growth and category leadership,” said Vibhor Rastogi, Managing Director at Citi Ventures.

About Quantifind

Quantifind is the leader in AI-native Risk Intelligence for modern risk operations. We deliver purpose-built solutions that transform how financial institutions and government agencies detect, assess, and mitigate financial crime and national security threats — including the complex networks that enable illicit finance, corruption, sanctions evasion, trafficking, and terrorism.

The Graphyte™ AI-native Risk Intelligence Platform unifies internal, third-party, and open-source data into a single, high-accuracy risk intelligence system powered by advanced entity resolution, Name Science™, dynamic risk typologies, and real-time network graph intelligence.

For more information, visit www.quantifind.com.

About Summit Partners

Summit Partners is a global growth equity firm that invests across growth sectors of the economy and, since the firm’s founding in 1984, has invested in more than 550 companies in technology, healthcare, and other growth industries. Summit maintains offices in North America and Europe and seeks to invest in category-leading, profitable growth companies worldwide.

For more information, please visit www.summitpartners.com or follow Summit Partners on LinkedIn.

Media Contact: Annalisa Camarillo, CMO Contact@quantifind.com

 

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SOURCE Quantifind

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Finance and AI Executive Patrick Fleury to Join Corvex Board of Directors as Company Scales AI Cloud Infrastructure Platform and Prepares to Launch Token Factory

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TeraWulf CFO brings deep expertise across data center transactions, energy-advantaged digital infrastructure campuses, and large-scale capital formation

ARLINGTON, Va., June 26, 2026 /PRNewswire/ — Corvex, Inc. (Nasdaq:MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the appointment of Patrick A. Fleury to its Board of Directors, upon election at the Company’s upcoming annual meeting.

Fleury currently serves as Chief Financial Officer of TeraWulf Inc. (Nasdaq:WULF), a publicly traded developer, owner and operator of environmentally sustainable, industrial-scale data center infrastructure for AI and high-performance computing.

Fleury will join Corvex at a pivotal moment following its recent public listing, as the Company scales its AI infrastructure platform and prepares to launch its token factory business. Corvex’s model, combining contracted demand, flexible access to power, proprietary software to optimize workload performance and security, and disciplined capital formation, requires deep expertise across infrastructure development, capital markets, and governance. Fleury brings direct experience across each of these areas, having helped lead a similar transition at TeraWulf.

Since joining TeraWulf in 2022, shortly after that company’s own reverse-merger debut, Fleury has led over $8 billion dollars of financings to support the company’s data center infrastructure build-out and its expansion into AI and high-performance computing hosting. His experience scaling a power-focused, newly public compute platform directly parallels Corvex’s current phase of growth, where aligning infrastructure deployment with customer demand and capital availability is critical.

Fleury has more than 25 years of experience across capital markets, credit investing, and corporate finance. Prior to TeraWulf, he was a founding member of the credit investing team at Platinum Equity and a Managing Director at Blackstone’s GSO Capital Partners (now Blackstone Credit), where he focused on energy and infrastructure credit. He began his career in the Global Energy & Power investment banking group at Bank of America Securities and has held senior roles at Jefferies and Satellite Asset Management. He has also served as a director of CVR Partners LP and as a board observer at Rentech, Inc., bringing public company governance experience through complex strategic transactions.

“Corvex sits at the intersection of AI compute, power infrastructure, and capital, and Patrick has spent his career structuring and scaling exactly these systems,” said Jay Crystal, Chief Executive Officer and Co-Founder of Corvex. “He brings a rare combination of experience across data center transactions—from powered land acquisition through structured leases—as well as deep capital markets expertise at scale. As we expand our AI infrastructure platform and continue to invest in our proprietary software capabilities, his perspective will be invaluable in helping guide disciplined, capital-efficient growth.”

“The next phase of AI infrastructure will be defined by platforms that can deliver both performance and trust at scale,” said Fleury. “Corvex has built a differentiated model that combines flexible access to power, long-term customer alignment, and a software-driven approach to optimizing workload performance and enabling secure compute through confidential computing. Paired with a disciplined approach to capital formation across both corporate and project-level structures, this model positions Corvex to scale efficiently while maintaining control over execution.”

Fleury holds a B.A., magna cum laude, in Economics and Government and Legal Studies from Bowdoin College. He will serve as an independent director and will join the Audit Committee.

About Corvex
Corvex is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. Corvex’s platform integrates proprietary software, including confidential computing and workload optimization tools, to enhance security, performance, and capital efficiency across its infrastructure. By combining advanced compute, flexible power strategies, and disciplined capital formation, Corvex enables organizations to deploy AI workloads at scale with consistency and efficiency.

Cautionary Statements Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations or beliefs, as well as assumptions about future events. Forward-looking statements include all statements that are not historical facts and can generally be identified by terms such as “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” or “will” or similar expressions and the negatives of those terms. These statements include, but are not limited to, statements relating to product capabilities, customer deployment, business strategy, growth plans and objectives for future operations. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to a number of risks and uncertainties, including the risks and uncertainties described in the Company’s SEC reports, and under the heading “Risk Factors” in its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at www.sec.gov and in other filings the Company makes and will make with the SEC. The forward-looking statements contained herein speak only as of the date of this press release. Except as required by law, the Company does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this press release.

Media Contact
Chris Donahoe, Stillpoint
corvex.media@stillpointglobaladvisors.com

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SOURCE Corvex

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Remote Partners with isolved to Unlock Compliant Global Hiring for 200,000+ US Employers

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Embedded directly in isolved People Cloud, Remote’s Employer of Record will enable international expansion by eliminating the complexity that slows growth

SAN FRANCISCO, June 26, 2026 /PRNewswire/ — Remote, the global payroll and employment infrastructure company, today announced its partnership with isolved®, a provider of human capital management (HCM) solutions that help organizations recruit, retain and elevate their workforce. Through this partnership, isolved will launch an Employer of Record offering, powered by Remote directly within isolved People Cloud™. This will enable its network of 200,000+ customers to hire, manage, and pay international employees without local entity setup, manual compliance work, or fragmentation across multiple systems.

Businesses expanding across borders often must juggle fragmented data and disconnected workflows across multiple systems to hire and pay their international teams. This can create bottlenecks that slow hiring, increase operational overhead, and drain resources. As organizations increasingly compete for global talent, the ability to hire and scale internationally has become critical to growth, yet the operational reality of international employment remains unnecessarily complex.

Through this partnership, isolved customers can hire and pay international employees directly from their HCM platform. Remote handles the operational complexity – entity setup, ongoing compliance management, local regulations, and payroll – eliminating the need to switch systems or manage legal requirements across jurisdictions. This means companies can respond to global market opportunities without the operational friction that usually slows international expansion.

“Global business expansion demands a choice most companies should not have to make: keep their trusted HR platform or gain world-class compliance and hiring infrastructure,” said Pim Altena, General Manager, Remote Embedded and Vice President, Technology Partnerships at Remote. “We’re excited to partner with isolved as together, we’re eliminating that choice. isolved customers can now get both: employment infrastructure embedded directly in their platform, delivering global hiring and compliance without switching, compromise, or complexity.”

“Our customers want to expand globally, but the operational reality of doing so has held them back. Our partnership with Remote solves that,” said Barry Gauch, Executive Vice President of Marketplace and Benefits of isolved. “Upon completion of the integration later this year this will be bringing Remote’s Employer of Record directly into isolved People Cloud, we’re removing the technical and compliance barriers that have made international hiring unnecessarily difficult. It’s about giving our customers the tools to execute their growth plans.”

Learn more about Remote at www.remote.com.

About Remote: Remote is the intelligent infrastructure for employing and paying people everywhere. Trusted by tens of thousands of companies worldwide, Remote handles the compliance, payments, and legal complexity of global employment country by country, from Employer of Record and Global Payroll to PEO and Contractor Management. Open and programmable, Remote’s infrastructure supports any tool, agent, or workflow a company chooses to build on top of it. Learn more at www.remote.com.

About isolved®: isolved® is a Workforce Capital Management company — the next evolution of HCM, where human workers and AI agents are governed together on a single system of record, with the same visibility, accountability and lifecycle management. isolved People Cloud™ is a connected platform of action that brings together HR, payroll, benefits, workforce management and talent management, with practical AI built to own outcomes: catching payroll errors before they happen, guiding employees through benefits enrollment, and surfacing compliance risks before they become problems. Built on 40 years of benefits-first HCM expertise and trusted by more than 200,000 employers and 9 million U.S. employees, isolved is the platform of action for the businesses that drive the American economy. Visit www.isolvedhcm.com.

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SOURCE Remote

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