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FTX Announces Fifth Distribution of Approximately $900 Million to Creditors on July 31, 2026

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Preferred Shareholder Remission Fund Trust to Issue Second Payment 
to Eligible Preferred Equity Holders on July 31, 2026

WILMINGTON, Del., July 17, 2026 /PRNewswire/ — FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively “FTX”) today announced that, consistent with FTX’s Chapter 11 Plan of Reorganization (the “Plan”), FTX will commence distributions on July 31, 2026 to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements by the Record Date of June 16, 2026 (the “Fifth Distribution”). Eligible creditors should expect to receive funds from their selected distribution service provider (a “Distribution Service Provider”), either BitGo, Kraken or Payoneer, within 1 to 3 business days from July 31, 2026. Subsequent record and payment dates will be announced in due course. Additionally, FTX today announced that, consistent with the Plan and Preferred Shareholder Agreement (D.I. 25932), a Second Payment is to be made to eligible Preferred Equity Holders on July 31, 2026 (the “Second Preferred Payment”).

In the Fifth Distribution, in accordance with the waterfall priorities set forth in the Plan:1

Allowed Class 5A Dotcom Customer Entitlement Claims will receive an incremental 9% distribution (105% cumulative distribution to date);Allowed Class 5B U.S. Customer Entitlement Claims will receive a 5% distribution (105% cumulative distribution to date);Allowed Classes 6A General Unsecured Claims and 6B Digital Asset Loan Claims will each receive a 3% distribution (103% cumulative distribution to date); andAllowed Class 7 Convenience Claims will receive a cumulative 120% distribution.

Customers should be aware that by onboarding with a Distribution Service Provider, they have irrevocably elected to forego their right to receive cash distributions from FTX and have instead directed FTX to pay, directly to such Distribution Service Provider, any distributions to which they otherwise would be entitled to under the Plan. If customers have any questions related to the availability of the funds in their account with their selected Distribution Service Provider, they should contact customer support at their Distribution Service Provider directly.

To be eligible to receive a distribution on subsequent distribution dates, customers and other creditors must complete the following prior to their distribution record date:

Login to the FTX Customer Portal (https://claims.ftx.com) (applicable to customers).Complete required Know Your Customer (“KYC”) verification.Submit the required tax forms.Onboard with either BitGo, Kraken or Payoneer, FTX’s Distribution Service Providers. FTX will provide instructions for onboarding with each of the Distribution Service Providers on the existing FTX Customer Portal.

For transferred claims, distributions will only be made to the transferee holder of an allowed claim that is processed and reflected on the official register of claims maintained by the Notice and Claims Agent as of future record dates, where the 21-day notice period has lapsed without objection. For more information, please visit: https://support.ftx.com/hc/en-us/sections/33189504164628-Distributions. 

Preferred Equity Holder Payments

In accordance with the Preferred Shareholder Agreement and the Plan, the Second Preferred Payment will be made on July 31, 2026 from the Preferred Shareholder Remission Fund Trust (“PSRFT”) to Preferred Equity Holders eligible as of the June 16, 2026 Preferred Record Date. To be eligible to receive a payment on a subsequent payment date, Preferred Equity Holders must complete the following prior to the next payment Record Date:

Provide an executed ownership certification attesting to Preferred Equity Interests held;Complete required KYC verification;Submit required tax forms; andOnboard with BitGo (institutions) or Payoneer (individuals) and sign the accompanying consent form.

$18 million is to be paid to eligible Preferred Equity Holders on July 31, 2026, bringing total payments from the PSRFT to $95 million.

Outreach to Preferred Equity Holders began in January 2026. If you believe you are entitled to a future payment on account of Preferred Equity Interests and have not received an outreach to date, please visit the following link.

Phishing Advisory

Please remain aware of phishing emails that may look like they are from FTX and scam sites from channels that may appear to look like the FTX Customer Portal (https://claims.ftx.com). This is another reminder that FTX will never ask you to connect your wallets.

Additional Information

U.S. Bankruptcy Court filings, including the Plan and other documents related to the Court proceedings, are available at https://cases.ra.kroll.com/FTX/.

FTX Digital Markets Ltd. (“FTX DM”) will be separately communicating distribution information for customers who have elected to have their claims administered by FTX DM.

Advisors

FTX is represented by Sullivan & Cromwell LLP as legal counsel and assisted by Alvarez & Marsal North America, LLC as financial advisor, Quinn Emanuel Urquhart & Sullivan, LLP as special counsel and Landis Rath & Cobb LLP as Delaware counsel.

1 Actual distribution percentages may differ slightly due to rounding of the figures referenced above. Additional details regarding the amounts distributed by Class will be filed on the docket shortly after July 31, 2026.

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SOURCE FTX

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CommerceWest Bank Ranked Among the Top 15 Best-Performing Public Banks in America

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July 17, 2026

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American Banker Recognizes CommerceWest Bank as One of the Nation’s Top Performing Public Banks Under $2 Billion in Assets

IRVINE, Calif., July 17, 2026 /PRNewswire/ — CommerceWest Bank (OTCQX: CWBK), a premier commercial bank serving businesses throughout California, today announced it has been ranked #15 in the United States on American Banker’s 2025 Top Performing Public Banks Under $2 Billion in Assets list.

The annual ranking, developed in partnership with Capital Performance Group, evaluates publicly traded banks using objective financial performance metrics including three-year average return on average equity (ROAE), profitability, operating efficiency, net interest margin, capital strength, and core deposit growth.

“This recognition is a testament to our exceptional employees, loyal clients, dedicated Board of Directors, and shareholders who have supported our long-term vision,” said Mr. Ivo Tjan, Chairman, President & Chief Executive Officer of CommerceWest Bank. “For more than two decades, our strategy has remained consistent: build long-term relationships, deliver exceptional client service, operate with financial discipline, and continually invest in our people and technology. We are honored that these efforts have resulted in CommerceWest Bank being recognized as one of the top-performing public banks in the nation.”

CommerceWest Bank continues to distinguish itself through its relationship-focused approach to commercial banking by providing customized banking, lending, treasury management, and cash management solutions for privately owned businesses, entrepreneurs, professionals, and growing companies throughout California.

The recognition follows another year of strong financial performance highlighted by continued growth in loans, deposits, earnings, and shareholder value while maintaining excellent asset quality, capital ratios, and operating efficiency.

“Our mission has never been to become the biggest bank,” added Mr. Tjan. “Our mission is to become the best banking partner for our clients. When we help our clients grow and succeed, our shareholders, employees, and communities all benefit.”

The latest recognition adds to CommerceWest Bank’s growing list of national and regional honors, including recognition as one of Newsweek’s America’s Best Regional Banks, one of American Banker’s Top Performing Banks, Super Premier Performing Bank by The Findley Report and multiple recognitions by the Orange County Business Journal.

About CommerceWest Bank
CommerceWest Bank is determined to redefine banking for small and medium sized businesses by delivering customized products and services to each client’s needs. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California with our robust digital banking platform.

By employing a strategically selected team of experienced professionals, we will provide flexibility, and create a complete, safe and sound banking experience for each client. We provide a full suite of commercial banking services, including remote deposit solutions, NetBanker online banking, mobile banking, lines of credit, M&A and working capital financing, commercial real estate loans, SBA lending and treasury management services.

Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.

Please visit www.cwbk.com to learn more about the bank.  “BANK ON THE DIFFERENCE”

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SOURCE CommerceWest Bank

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MDT Introduces TMR1370 Ultra-Low-Power Magnetic Switch IC Enabling More Than Two Years of Standby Operation in CGM Devices

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23 minutes ago

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July 17, 2026

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— Next-Generation TMR Magnetic Switch with Ultra-Low 50nA Maximum Supply Current Expands MDT’s Proven CGM Sensor Portfolio

ZHANGJIAGANG, China, July 17, 2026 /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT), a leading supplier of magnetic sensors and a pioneer in Tunneling Magnetoresistance (TMR) technology, today introduced the TMR1370 ultra-low-power magnetic switch IC, the newest addition to MDT’s magnetic sensing portfolio for continuous glucose monitoring (CGM) devices. Building on the proven TMR1367, TMR1368, and TMR1369 family, the TMR1370 delivers significantly lower power consumption, enhanced voltage compatibility, and a smaller package to enable next-generation CGM systems with ultra-long standby life.

Optimized for battery-powered CGM devices, the TMR1370 features a maximum supply current of only 50nA, with approximately 30nA typical at a 3V supply. When combined with the magnetic wake-up mechanism widely adopted in CGM devices, the TMR1370 enables more than two years of standby operation, helping extend product shelf life while preserving battery capacity for continuous glucose monitoring after activation.

The TMR1370’s exceptional power efficiency is enabled by MDT’s proprietary TMR technology platform, which combines advanced magnetic sensor design, optimized device architecture, and proprietary wafer process technology to achieve high magnetic sensitivity together with ultra-low power consumption. Complementing MDT’s existing X-axis and Z-axis CGM magnetic switch portfolio, the TMR1370 gives system designers greater flexibility to optimize sensor orientation and mechanical layout for a wide variety of CGM architectures while enabling easy migration from previous-generation devices.

Key Features

Enables more than two years of standby operation in battery-powered CGM devices.50nA maximum supply current, approximately 30nA typical at 3V.Wide 1.8V to 4.0V operating-voltage range.Maximum operating point below 40 Gauss for reliable magnetic wake-up detection.X-axis magnetic sensing optimized for compact CGM designs.Miniature DFN5L package (1.6×1.6×0.5mm) for thinner and lighter wearable medical devices.Complements MDT’s proven X-axis and Z-axis CGM magnetic switch portfolio for flexible system design and simplified migration.

Samples of the TMR1370 are available through DigiKey and MDT’s online store at www.tmr-sensors.com. For volume pricing, delivery information, and technical specifications, contact MDT Global Sales at sales@dowayusa.com.

About MDT
MultiDimension Technology was founded in 2010 in Zhangjiagang, Jiangsu Province, China, with branch offices in Shenzhen, Chengdu, and Ningbo in China, Singapore, Tokyo, Japan, and San Jose, Calif., USA. MDT has developed a unique intellectual property portfolio, and its self-owned state-of-the-art TMR manufacturing facilities that can support volume production of high-performance, low-cost TMR magnetic sensors to satisfy the most demanding application needs. Led by its core management team of elite experts and veterans in magnetic sensor technology and engineering services, MDT is committed to creating added value for its customers and ensuring their success. For more information about MDT please visit http://www.multidimensiontech.com.

Media Contacts
MDT sales department, sales@dowayusa.com, sales@dowaytech.com
Tel: +1-650-275-2318 (US), +86-189-3612-1156 (China)

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SOURCE MultiDimension Technology Co., Ltd.

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Fintech Disruptor StockFan Wins Bronze Globee® Award After Exploding Into 62 Countries in Year One

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July 17, 2026

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Silicon Valley-based fintech startup shares the global spotlight with tech titans IBM, Uber, and JPMorgan Chase in the 2026 winner’s circle.

SAN FRANCISCO, July 17, 2026 /PRNewswire/ — StockFan, Inc., the hyper-growth Silicon Valley fintech platform revolutionizing how investors worldwide interact with public markets, has been named a Bronze Winner in the prestigious Annual Globee® Awards. This major accolade celebrates StockFan’s product excellence and breakout growth velocity, having scaled its global footprint to 62 countries in its very first year of operation.

The Globee® Awards honor the world’s premier organizations pushing the boundaries of technology, business, and innovation. By securing this win, StockFan steps onto the global podium alongside some of the world’s most influential enterprise giants, including IBM, Uber, Lenovo, Broadcom, ADP, and JPMorgan Chase.

StockFan is shattering the status quo by bridging the gap between fragmented financial tools and modern investor communities. Built for today’s fast-moving retail and institutional investors, the powerhouse application seamlessly integrates everything an investor needs under a single digital roof: real-time quotes, dynamic charts, breaking financial news, earnings calls, insider trades, institutional tracking, and elite stock screeners. Paired with its next-generation social architecture, stock enthusiasts worldwide can instantly form private groups, sync investment ideas, and communicate in real time.

“We are incredibly honored to stand on the Globee® Awards podium alongside world-renowned market leaders and the very innovators we have long admired,” said Henry Sun, Founder and CEO of StockFan. “When we built StockFan, our mission was to unlock a borderless, unified ecosystem for all public market participants. Expanding to over 60 countries in our debut year is a massive milestone, and this award validates our team’s obsession with engineering a world-class, globally scalable financial product.”

StockFan is on track of accelerating its exciting product roadmap—primed to deploy deeper community features, advanced enterprise tools, and massive mainstream adoption across the global financial landscape.

Experience the future of investing today, and download the StockFan app on the Apple App Store or Google Play.

About StockFan, Inc.

Based in San Francisco, California, StockFan is the ultimate fintech platform designed to connect, empower, and elevate the global investor community. By fusing robust stock market data with a cutting-edge social ecosystem, StockFan unites fragmented financial market tools into a cohesive public market powerhouse. In its freshman year alone, StockFan organically scaled to over 60 countries, serving a passionate user base of both retail and institutional investors.

About the Globee Awards

Globee Awards are conferred in several programs and categories. Honoring organizations of all types and sizes and the people behind them, the Globee Awards recognize outstanding achievements and performances in businesses worldwide. Learn more at the official Globee Awards Website.

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SOURCE StockFan, Inc.

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