VANCOUVER, BC, Aug. 13, 2026 /CNW/ — East Side Games Group (TSX: EAGR) (OTC: EAGRF) (“ESGG” or the “Company”), today reported its financial results for the second quarter ended June 30th, 2026.

Second Quarter 2026 Financial Highlights:

Revenue of $10.3M (down 46% YoY) A-EBITDA of $1.36M (down 11% YoY) A-EBITDA Margin of 13.2% (up 65% YoY) DAU (Daily Active Users): 118,872 (down 41% YoY) ARPDAU (Average Revenue Per Daily Active User):  $0.95  (down 9% YoY) DAU/MAU (stickiness rate):  29.6% (up 22% YoY)

Second Quarter 2026 Commentary:

The second quarter of 2026 was focused on Adjusted EBITDA and maintaining disciplined cash management across the business. Operating within the borrowing constraints of our credit facility, the Company significantly reduced User Acquisition spend, concentrating investment on its most profitable player cohorts to preserve cash and maximize return on every marketing dollar deployed.

The Company completed a $2.95 million capital raise to support working capital and reduce debt.

The Company also resolved its litigation with Truly Social Games eliminating a significant contingent liability, removing ongoing legal costs, and allowing management to fully focus on the business. Under the settlement, the Company made an initial payment of $1.0 million, with the remaining $2.0 million payable in four equal installments of $500,000 every six months.

These actions reflect the Company’s continued focus on strengthening its cash position, minimizing risk, and improving long-term shareholder value.

Corporate Update & Strategy: 

The Company’s current User Acquisition strategy targets a 30-day return on ad spend, allowing it to focus on acquiring the most profitable player cohorts while maintaining overall capital efficiency. Management remains focused on generating cash flow and reducing debt over time. We have an offer in hand for a new credit facility providing the flexibility to invest in high-return User Acquisition while continuing to strengthen the balance sheet.

While this disciplined spending approach has significantly moderated near-term top-line revenue, it has improved capital efficiency and supports the Company’s long-term strategy of building a stronger, more profitable business.

Outlook:

Beginning in mid August, the Company intends to materially expand its User Acquisition strategy by increasing daily spend with a focus on profitable cohorts in the highest-margin games. Each dollar spent will be closely measured and returned within short- to mid-term payback windows. This broader investment approach is expected to support higher revenue while maintaining a disciplined focus on long-term profitability.

Through the continued use of AI tools, the company has been able to better target players in its User Acquisition campaigns, iterate on advertising creative, and improve coding efficiency. New initiatives are being built with AI as a core tenet, with the expectation that they will be delivered in accelerated time frames and at a much reduced cost.

In light of the UA campaigns only being increased in mid-August instead of the previously anticipated timeframe, management is restating guidance at $40-44M for 2026, with A-EBITDA of $4-4.7M, a margin of approximately 10-12%.

Looking ahead, the Company remains focused on disciplined execution, strengthening its balance sheet, and driving sustainable, profitable growth through the remainder of 2026.

ABOUT EAST SIDE GAMES GROUP

ESGG is a leader in free-to-play mobile gaming, thrilling players with unforgettable experiences that spark lifelong fandom. Fueled by an entrepreneurial spirit, we are driven by creativity, flawless execution, and a laser-focused strategy. We develop and publish both original and licensed IP titles, license our cutting-edge GameKit(s) platforms, and strategically acquire studios or games to expand our family.

Headquartered in Vancouver with around 100 talent-dense team members, we operate over a dozen titles under East Side Games (“ESG”) and LDRLY (Technologies) Inc. (“LDRLY”). Together, we’re crafting, launching, and publishing mobile games across our own studios and an extended Game Kit partner network–reaching players on iOS and Android worldwide.

We power our success through in-app purchases (“IAP”)–offering exclusive, game-enhancing virtual items–and in-game advertising. To keep growing, we focus on captivating audiences, keeping them engaged, and unlocking exciting new ways to monetize. We’ll drive this momentum by launching bold new titles, enriching our current lineup, innovating discovery, expanding into fresh markets, and exploring new distribution platforms.

Additional information about the Company continues to be available under its legal name, East Side Games Group Inc., at www.sedar.com.

Forward-looking Information

Certain statements in this news release constitute forward-looking information or forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are often, but not always, identified by the use of words such as “expects,” “anticipates,” “plans,” “intends,” “believes,” “estimates,” “projects,” “may,” “will,” “would,” “could,” “should,” and similar expressions. Forward-looking statements in this news release include, without limitation, statements regarding the Company’s 2026 outlook, including expected revenue and A-EBITDA margin; expected debt reduction, profitability and EBITDA performance; anticipated benefits from cost reduction initiatives, user acquisition changes and off-platform payments; the expected impact of changes to platform fees; the Company’s ability to secure additional work-for-hire contracts or other fully funded development opportunities; and the status or outcome of discussions with RBC, including any tolerance, waiver or other accommodation in respect of covenant non-compliance. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions, including assumptions regarding operating performance, player engagement and monetization, platform policies and fee structures, the implementation and impact of restructuring initiatives, the timing and amount of one-time costs, the availability of new commercial opportunities, and the Company’s continued relationship with its lender. Such forward-looking statements are subject to significant risks, uncertainties and other factors that could cause actual results or events to differ materially from those expressed or implied by such statements, including, without limitation, risks relating to the Company’s ability to execute on its strategic priorities, generate sufficient cash flow, satisfy or obtain relief from financial covenant requirements, complete restructuring initiatives as planned, realize anticipated cost savings or profitability improvements, maintain or grow player engagement and monetization, benefit from platform fee or policy changes, secure new contracts or platform opportunities, and general economic, market and industry conditions. Readers are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

SOURCE East Side Games Group Inc.

Public charter school posts gains of 9.6 to 12.1 percentage points across all three tested subject areas as statewide performance remains largely stable

CHARLESTON, W.Va., Aug. 13, 2026 /PRNewswire/ — ACCEL Schools announces that Virtual Preparatory Academy of West Virginia (VPrep), a statewide online public charter school serving students in grades K–12, posted significant year-over-year gains across all three subject areas measured by West Virginia’s 2025–26 state assessments, according to newly released state data.

VPrep’s proficiency rate increased 9.6 percentage points in mathematics, 10.9 points in reading and 12.1 points in science from the previous school year. The gains stand in sharp contrast to statewide results, which remained largely stable over the same period: mathematics increased 1.4 points, reading was essentially unchanged with a 0.1-point increase, and science declined 0.6 points.

The results also place VPrep ahead of West Virginia’s only other statewide online public charter school across all three overall tested subject areas. The distinction marks a notable milestone for West Virginia’s still-emerging public charter sector, which launched its first schools in 2022 and today includes just two statewide online public charter schools. 

“These results represent something much more meaningful than a strong testing cycle. They reflect the work our students and educators did throughout the entire year to build a stronger, more consistent instructional experience,” said Dr. Megan Nason, Head of School at Virtual Preparatory Academy of West Virginia. “We became more intentional about when and how students received core instruction, intervened earlier when students needed additional support, strengthened attendance and participation expectations, and created greater consistency across classrooms. These gains reflect changes to the way we teach and support students every day, not a short-term focus on the state assessment.”

Today, VPrep serves more than 700 students across all 55 West Virginia counties. Approximately 19% of its students receive special education services, and 49% are economically disadvantaged. A significant portion of students enter the school two or more grade levels behind, making VPrep’s year-over-year academic gains especially notable. School leaders say the results underscore the importance of targeted, live instructional support within an online learning environment and the role early intervention can play in improving student outcomes. 

A Schoolwide Shift Toward Earlier, More Targeted Support

VPrep leaders attribute the gains not to a single initiative or short-term test preparation strategy, but to a series of coordinated changes to the school’s instructional system during the 2025–26 academic year.

The school redesigned its instructional schedule to prioritize core academic instruction in the morning while protecting dedicated time for intervention and small-group support. Through its Level Up intervention groups, students needing additional academic help received targeted live instruction rather than more independent work.

School principals also took a more active role in instructional quality through classroom observations, teacher coaching, data conversations, and follow-through. Student performance data was used more consistently to identify learning gaps earlier and adjust instruction during the year.

At the same time, VPrep strengthened expectations around attendance and live-class participation, contributing to a reduction in chronic absenteeism and increasing the number of students consistently present for instruction.

“The biggest change was consistency,” Nason said. “Our teachers had clearer expectations, our principals were closer to instruction, and we were responding sooner when the data showed that a student was struggling. We also became much more focused on making sure students were present and actively participating in live instruction. None of those changes is dramatic on its own. What matters is what happens when you build them into a coherent system and execute them consistently.”

Significant Progress and a Clear Next Chapter

VPrep’s overall proficiency rates remain below West Virginia’s statewide averages, a point school leaders say provides important context for the results and reinforces the work still ahead.

At the same time, VPrep closed substantial academic ground in a single year while statewide performance changed comparatively little. In selected grade-level subject areas, VPrep also exceeded statewide proficiency rates, providing early evidence of where that broader improvement is beginning to translate into performance at or above state benchmarks. 

“We are proud of the progress, but we are not treating these results as a finish line,” Nason said. “They show us that the instructional changes we made are moving students in the right direction. Now our responsibility is to sustain that growth, deepen it and bring more students to proficiency. That is the next chapter of this work.”

VPrep’s growth comes as online public charter schools continue to establish their role within West Virginia’s public education landscape. As a public charter school, VPrep students participate in the state’s annual summative assessments alongside other West Virginia public school students.

About Virtual Preparatory Academy of West Virginia

Virtual Preparatory Academy of West Virginia is a statewide, tuition-free online public charter school serving West Virginia students in grades K–12. The school combines online learning with teacher-led live instruction, targeted academic intervention, student support services and opportunities designed to meet students wherever they are in their educational journey.

For more information about Virtual Preparatory Academy of West Virginia, visit the school’s website: www.westvirginia.virtualpreparatoryacademy.com.

Contact: Warren Cohn, warren@rocketshippr.com, (917)796-7463

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SOURCE ACCEL Schools

LAS VEGAS, Aug. 13, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announces the date of effectiveness and the ratio of a forthcoming reverse stock split (the “Reverse Split”) of the Class A Common Stock (the “Common Stock”). On April 10, 2026, the Company announced, on a Current Report on Form 8-K, the voting results from the special meeting of stockholders (the “Meeting”) held that day.

At the Meeting, stockholders voted upon and approved Proposal 1, an amendment to the Company’s Certificate of Incorporation to effect a Reverse Split with a ratio of not less than one-for-two and not more than one-for-five at any time prior to March 17, 2027, with the exact ratio to be set at a whole number within this range as determined by the Company’s board of directors (the “Board”) in its sole discretion.

On August 6, 2026, the Board authorized the formation of a special committee (the “Committee”) consisting of the Corporation’s Executive Chairman, its Chief Executive Officer and its President (the “Authorized Officers”), and delegated the authority to the Committee to determine the ratio and date of the Reverse Split. On August 13, 2026, the Committee approved a one-for-five (1:5) Reverse Split of the Common Stock that will be effective in the State of Delaware on Monday, August 24, 2026. The Company anticipates that beginning with the opening of trading on Tuesday, August 25, 2026, the Company’s Common Stock will trade on the NYSE American on a split-adjusted basis under a new CUSIP number, 09175M 879.

The Reverse Split affects all issued and outstanding shares of the Common Stock, as well as the number of shares of Common Stock available for issuance under the Company’s equity incentive plans. In addition, the Reverse Split reduces the number of shares of Common Stock issuable upon the exercise of stock options or warrants outstanding immediately prior to the Reverse Split. The par value of the Common Stock will remain unchanged at $0.001 per share after the Reverse Split. The Reverse Split affects all stockholders uniformly and will not alter any stockholder’s percentage interest in the Company’s equity, except to the extent that the Reverse Split results in some stockholders owning a fractional share. No fractional shares will be issued in connection with the Reverse Split. Stockholders who would otherwise be entitled to receive a fractional share will instead receive a cash payment.

Computershare Trust Company, N.A. (“Computershare”), is acting as the exchange agent and transfer agent for the Reverse Split. Computershare will provide instructions to stockholders with physical certificates regarding the optional process for exchanging their pre-split stock certificates for post-split stock certificates and receiving payment for any fractional shares.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors, and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at www.Hyperscaledata.comor at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.hyperscaledata.com.

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SOURCE Hyperscale Data Inc.