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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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Primero Games Acquires Win Systems Gaming Division, Expanding International Reach

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September 4, 2026

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Acquisition adds slot and electronic-roulette products, manufacturing capabilities and an installed base of more than 3,000 gaming positions across Latin America and the Caribbean.

NORCROSS, Ga., Sept. 4, 2026 /PRNewswire/ — Primero Games LLC (“Primero”), a provider of gaming content, technology and products, today announced the acquisition of the Gaming Division of Win Systems (“WSG”), including its Gold Club electronic-roulette business.

The acquisition expands Primero’s international presence and product portfolio, adding established slot and electronic-roulette products, manufacturing capabilities and gaming operations across Latin America and the Caribbean. Financial terms of the transaction were not disclosed.

The acquired operations have an installed base of more than 3,000 gaming positions in Mexico, Peru, Colombia, Puerto Rico, and Panama. Primero will support existing customers and products while introducing additional Primero game content, platform technology and development resources.

“This is an important step forward in executing Primero’s growth strategy to build a diversified, global gaming company,” said Mike Macke, Chairman of Primero Games. “Primero has built its reputation by creating compelling game content and developing innovative technology that helps operators deliver consistent revenue via engaging player experiences.”

“We are excited to welcome Eric Benchimol, Dario Zutel, and the talented WSG team to Primero,” Macke continued. “By combining Primero’s content and development expertise with WSG’s products, operations and customer relationships, we can deliver more products, more content and greater value to customers across a wider range of gaming markets.”

“This combination makes both businesses stronger,” said Eric Benchimol, CEO of Win Systems. “Pairing our installed base, manufacturing operations and market knowledge with Primero’s game library and development engine means we can bring more, and better, products to our customers faster than either company could alone. The team is energized, and we’re looking forward to getting to work as part of Primero.”

“This transaction marks an exciting new chapter for our Gaming Division,” said Dario Zutel, Executive Chairman of Win Systems. “We are confident that Primero Games is the right partner to build on what we have achieved and drive the business into its next stage of international growth.”

Building International Scale

Primero has an established presence in U.S. gaming markets, with a portfolio that includes game content, online gaming solutions, redemption kiosks, and a mature omnichannel gaming platform.  The WSG acquisition adds established products, manufacturing capabilities and long-standing customer relationships in international markets.

The WSG teams and infrastructure will continue to support customers in Mexico, Peru, Colombia, Puerto Rico, Panama and many other countries around the world. Primero and WSG are committed to providing continuity for every customer as Primero invests in the business and introduces additional products, content and technology.

About Primero Games

Primero Games is a leading provider of innovative games, platforms and products designed to deliver engaging player experiences and value to gaming operators across land-based and digital environments. Founded by gaming-industry veteran Mike Macke, Primero has made significant investment in its Hurricane gaming platform to support international expansion. The Hurricane platform is designed to support offline, online, single, and multi-game applications across emerging and regulated gaming markets. Primero’s Spark server-based gaming solution extends the Hurricane platform by offering value-added features such as business intelligence, linked and wide-area progressive jackpots, game content subscription features, and player marketing/retention.

Headquartered in the United States, the company designs, manufactures and markets a portfolio of more than 100 original titles for land-based and multi-game platforms, as well as online games for markets worldwide. With studios in the U.S., the U.K., and Canada, Primero combines international creative talent with deep technical expertise to produce high-performing, scalable gaming solutions. For more information, visit www.primerogames.com.

About Win Systems

Win Systems is a global technology company with extensive experience providing innovative solutions to the gaming industry. Through its international operations and long-standing customer relationships, the company specializes in casino management systems and has a strong track record of delivering technology and solutions to operators across multiple markets worldwide. Following the transaction, Win Systems will continue to focus on its remaining businesses and strategic opportunities, building on its technology expertise, international experience, and commitment to delivering value to its customers and partners.

Contacts:

Primero Games
Gina Lanphear, Director of Marketing
422019@email4pr.com 

WinSystems Gaming
Virginia Pin, Marketing Manager
422019@email4pr.com 

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AEON Launches Agentic Checkout, Powered by AI Card for Autonomous Commerce

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17 minutes ago

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September 4, 2026

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HONG KONG, Sept. 4, 2026 /PRNewswire/ — AEON, the settlement layer built for the AI economy, has launched Agentic Checkout, enabling AI agents to autonomously shop, check out, and pay across e-commerce platforms such as Shopify and Amazon. Powered by the AEON AI Card, Agentic Checkout gives agents controlled spending capabilities to turn user intent into completed purchases.

Natively integrated with Model Context Protocol (MCP) and the Universal Commerce Protocol (UCP), Agentic Checkout allows users to interact with an AI agent through a conversational interface, describe what they are looking for, and let the agent search for suitable products and build a shopping cart based on their requirements.

Once a product is selected, the user can authorize the purchase with an AEON AI Card settled over the Visa/Mastercard networks, allowing the agent to complete the transaction without exposing the user’s primary payment credentials or treasury wallet. The agent can move from product discovery to cart creation and payment, turning a natural-language request into a completed purchase.

AI Card: Giving AI Agents Controlled Spending Power

At the core of this experience is the AEON AI Card, designed to give AI agents financial autonomy while keeping spending under defined controls. 

The infrastructure supports single-use agent cards and predefined budget limits, allowing spending authority to be scoped to individual tasks or transactions. Backed by crypto-based authorization and connected to existing Visa payment infrastructure, the AI Card creates a bridge between on-chain assets and everyday commerce.

This allows agents to spend on behalf of users without requiring direct access to their primary wallets or traditional credit cards, bringing agentic commerce closer to a model where AI can not only assist users with decisions, but also securely execute those decisions in the real economy. 

Agentic Checkout to Bigger Commerce Ecosystem

Agentic Checkout is designed to give AI agents access to an open commerce ecosystem, rather than a limited list of curated merchants. Through Shopify, agents can search across 3M+ active storefronts in 175+ countries and more than a billion products, spanning categories including apparel, home, beauty, electronics, and books.

Shopify is one of the first environments where AEON’s Agentic Checkout capability is being demonstrated, but the underlying infrastructure is designed to extend across e-commerce ecosystems and support both physical and digital goods. Amazon and Travala are next, bringing mass-market retail and travel inventory into the same agent interface.

The infrastructure is also designed with the safeguards required for production use. Full card numbers and security codes never enter conversation logs or model context, while uncertain payment states are verified before any retry to prevent silent double charges.

As more commerce platforms become accessible to AI agents, the ability to securely authorize and settle these transactions will become increasingly important. AEON Agentic Checkout and AI Card provides the financial execution layer that allows agents to act within defined spending boundaries. And AEON is building the settlement infrastructure to enable these agents to transact, pay, and settle securely across the digital and physical economies.

Building the Settlement Layer for the AI Economy

The Agentic Checkout and AI Card represent two connected components of AEON’s agentic payment infrastructure: Agentic Checkout gives agents the ability to execute commerce, while AI Card gives them controlled financial authority to pay for it. Together, they connect agent intent, payment authorization, checkout execution, and settlement into a unified flow.

AI agents are increasingly capable of searching, reasoning, coordinating tasks, and making decisions on behalf of users. The next step is enabling those decisions to result in secure, verifiable economic transactions. AEON is building toward this infrastructure by combining agent identity, payment authorization, checkout execution, and settlement into a unified framework for the AI economy, enabling AI agents to transact across digital and physical economies, autonomously, securely, and within clearly defined financial boundaries.

About AEON

AEON is the native settlement layer built for the AI economy. By equipping agents with a comprehensive suite of programmable payment primitives, spanning across Agent Account, AI Card, AI Gateway, and more, AEON empowers autonomous AI to seamlessly navigate global value networks. Designed to eliminate the fee overhead, programmability gaps, and settlement lag of legacy infrastructure, AEON provides the universal financial rails needed for agents to enter the global economy across any currency, chain, or protocol.

Natively integrating with leading standards like x402, ERC-8004, MCP, and Google A2A, AEON enables verifiable AI payments at scale and connects agentic capabilities directly to a network of 50M+ global merchants. Having processed over $514M in cumulative volume for 2.3M+ users, AEON is backed by top investors including YZi Labs, IDG Capital, HashKey Capital, and the Stanford Blockchain Builders Fund. The $AEON token is live on major global exchanges including OKX, Bitget, Binance Alpha and Bithumb.

Website | X | Telegram | Medium | AEON Pay

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WOODLAND DIRECT OPENS NEW DISTRIBUTION CENTER IN RENO, NV

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September 4, 2026

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AUBURN HILLS, Mich., Sept. 4, 2026 /PRNewswire/ — Woodland Direct, the nation’s premier e-commerce site for fire products, is opening a new 47,000-square-foot distribution center in Reno, NV. This is the company’s second distribution center, joining its world headquarters and distribution center in Auburn Hills, MI.

The new facility, officially opening in September, will improve the customer experience by shortening shipping times for West Coast customers.

“Woodland Direct has grown and evolved substantially over the past several years,” said President and Founder Andrew Ingram. “We already ship all around the country. By opening the Reno distribution center, we’re able to serve our West Coast customers more quickly and efficiently.”

The leadership team began exploring the idea of opening a second distribution center in the final quarter of 2025. Woodland worked with logistics consultants to determine whether an expansion west of the Rocky Mountains made sense, and Reno’s strategic location made it a natural choice for the expansion.

“We are excited to be a part of the Reno community, and we look forward to making our customers’ experience even more enjoyable,” said Gunnar Bennethum, senior manager of supply chain operations and business planning.

In addition to using local Reno companies Engineered Solutions, Teledata Technologies, and WTR Electrical to build and prep the warehouse, Bennethum and Warehouse Assistant Wesley Davey will be making the move from Auburn Hills to Reno to oversee operations.

The Reno distribution center will be using industry-standard software NetSuite to increase efficiency.

“This will be a new milestone for Woodland,” Bennethum added, “that will improve our inventory accuracy and allow our sales team to have better visibility of product availability.”

For more information on Woodland Direct, visit our website www.woodlanddirect.com/ or contact Drew Maresco at drew.maresco@woodlanddirect.com or (877) 771-2925.

ABOUT WOODLAND DIRECT

Woodland Direct is a premier online retailer specializing in fireplaces, patio heaters, fire pits, and outdoor living products. Founded in 2004, Woodland Direct offers a curated selection of top fire brands to homeowners, contractors, and businesses. Woodland Direct has the most NFI-certified sales professionals and Master Hearth Professionals under one roof. For more information, visit woodlanddirect.com.

Media Contact:

Drew Maresco

Drew.maresco@woodlanddirect.com

(877) 771-2925

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SOURCE Woodland Direct

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