Deregistration and Compliance - Linkage Cayman is in the process of deregistration of HQT NETWORK, which ceased operations in April 2025[29]. - The PRC subsidiaries have not provided critical data and personal information outside the territory of the PRC, ensuring compliance with the Personal Information Protection Law[32]. - The Company is not required to complete filing procedures with the CSRC for continued offerings, as the PRC subsidiaries' contributions are under 50% of total financial metrics[33]. - The Company has not received any inquiries or sanctions from the CSRC regarding its planned overseas listing as of the report date[33]. - No permission is required from PRC authorities for the overseas listing of Class A Ordinary Shares, but cybersecurity review may be necessary[46][51]. - The Cybersecurity Review Measures require data processing operators with over one million users to undergo a cybersecurity review before foreign listings[48]. - The Overseas Listing Trial Measures require domestic companies to complete filing procedures with the CSRC within three working days of submitting an application for overseas listing[50]. - The company is not classified as a domestic company under PRC law, thus not subject to certain filing requirements for overseas offerings[51]. - The PRC subsidiaries have not provided personal information outside of China and are believed to be compliant with existing data protection laws[177]. Financial Performance and Dividends - As of the date of the report, no dividends or distributions have been made to shareholders, with future earnings intended to finance business expansion[38]. - Cash dividends on Class A Ordinary Shares may be subject to a withholding tax rate of up to 10% from PRC subsidiaries[41]. - The withholding tax rate may be reduced to 5% if a Hong Kong resident enterprise owns at least 25% of a PRC project, subject to specific requirements[42]. - The value of Class A Ordinary Shares may significantly decline if the company fails to obtain necessary permissions or approvals in the future[51]. - The company does not intend to pay dividends for the foreseeable future, opting to retain earnings for business operation and expansion[126]. - The company relies on dividends from its PRC subsidiaries for cash and financing, which are subject to PRC laws that restrict dividend payments to retained earnings[194]. - Current PRC regulations allow dividends to be paid only from accumulated profits, with at least 10% of profits required to be set aside for reserve funds until reaching 50% of registered capital[218]. Market and Competition - Revenues decreased from $12.73 million in the fiscal year ended September 30, 2023, to $10.29 million in the fiscal year ended September 30, 2024, and further decreased to $5.10 million for the year ended September 30, 2025, primarily due to a decrease in cross-border sales[59]. - The Operating Entities operate in a highly competitive market, facing competition from both offline and online supply chain providers, retailers, and wholesalers, which could adversely affect their results of operations[58]. - The market price of the Class A Ordinary Shares may be volatile or decline regardless of the company's operating performance, making it difficult for prospective investors to assess the rapidly changing value[55]. - The company has no long-term supply agreements with major suppliers, making it reliant on maintaining good relationships to ensure a sufficient selection and volume of products[66]. Regulatory Environment - Recent regulatory changes in China may impose additional compliance requirements for companies seeking to list overseas, impacting future operations[33]. - The enactment of the Hong Kong National Security Law could impact the company's subsidiaries in Hong Kong, introducing legal and operational uncertainties[57]. - The U.S. government has removed Hong Kong's preferential trade status, which could lead to similar tariffs and trade restrictions as those imposed on mainland China[155]. - The Competition Ordinance in Hong Kong prohibits anti-competitive conduct, and the Hong Kong subsidiaries have complied with these regulations[158]. - Changes in China's economic, political, or social conditions could materially affect the PRC subsidiaries' business and operations[160]. - The PRC legal system's rapid evolution and uncertainties in law enforcement may limit legal protections for the company and its subsidiaries[163]. - The interpretation and enforcement of PRC laws may change quickly, leading to uncertainties that could materially affect business operations[164]. - Recent policies from the Chinese government have impacted various industries, including the internet sector, and future regulations could adversely affect the business and financial condition of PRC subsidiaries[169]. Operational Risks - System interruptions or performance failures in technology infrastructure could damage the company's reputation and results of operations, particularly affecting customer data and order fulfillment[61]. - The Operating Entities may face difficulties in attracting and retaining key personnel, which could adversely affect their business plan implementation[77]. - The Operating Entities are materially dependent on third-party manufacturers, and any disruptions could adversely affect their financial performance[71]. - The Operating Entities' international expansion may encounter various risks, including compliance with different legal and regulatory standards in Southeast Asia[75]. - The Operating Entities face potential disruptions and significant relocation expenses due to increases in rental expenses or lease terminations for their warehouse and offices[88]. - Cybersecurity risks pose a significant threat to the Operating Entities, potentially leading to operational disruptions and financial data misstatements[99][100]. - The Operating Entities have established measures to address cybersecurity threats, but there is no assurance that these measures will be fully effective[102]. Corporate Governance and Compliance - The audit committee is responsible for reviewing and approving all material related party transactions, which may present potential conflicts of interest[105]. - The Operating Entities have engaged in substantial transactions with related parties, with amounts due to related parties being $426,043, $314,544, and $1,413,604 for the fiscal years ended September 30, 2025, 2024, and 2023 respectively[103]. - The company may face challenges in maintaining compliance with SEC regulations, which could strain its management and financial resources[123]. - The company is classified as an "emerging growth company" and may take advantage of reduced reporting requirements until it no longer meets the criteria[122]. Currency and Taxation - Fluctuations in exchange rates could materially affect the company's results of operations and the value of investments, with the RMB having appreciated over 20% against the USD since 2005[207]. - The company's financial statements are presented in U.S. dollars, and changes in RMB/USD exchange rates affect asset values and operational results[208]. - The PRC government imposes controls on the convertibility of RMB into foreign currencies, which may restrict the company's ability to pay dividends in foreign currencies[195]. - The PRC tax authority may challenge the company's qualification for preferential tax treatment, potentially subjecting it to a higher withholding tax rate[221]. - If classified as a PRC "resident enterprise," the company could face a 25% enterprise income tax on worldwide income, adversely affecting net income and shareholder returns[210]. Future Outlook and Strategic Plans - The company plans to venture into the Southeast Asian market, indicating a strategy for international expansion[63]. - The Operating Entities plan to expand integrated e-commerce services into Southeast Asia, starting with Thailand, Malaysia, and Indonesia over the next two years[74]. - The company's historical performance may not be sustainable, and it cannot guarantee future growth, with potential negative impacts from inflation and changing economic conditions[59]. - The company is currently evaluating options to regain compliance with Nasdaq's continued listing requirements[138].

Financial Performance - For the three months ended December 31, 2025, net income was $1.3 million, or $0.41 per share, compared to $1.2 million, or $0.38 per share for the same period in 2024, representing a 8.3% increase in net income year-over-year [2] - Net interest income for the three months ended December 31, 2025, was $6.0 million, up from $5.0 million in the same period of 2024, reflecting a 20% increase [3] - Noninterest income increased to $1.4 million for the three months ended December 31, 2025, compared to $1.3 million for the same period in 2024, a growth of 7.7% [3] - Noninterest expense rose to $5.5 million for the three months ended December 31, 2025, from $5.0 million in the same period of 2024, primarily due to increased professional services related to the merger [3] - The return on average assets improved to 0.64% for the six months ended December 31, 2025, compared to 0.49% for the year ended June 30, 2025 [11] Asset and Deposit Changes - Total assets decreased to $830.4 million at December 31, 2025, down from $887.7 million at June 30, 2025, a decline of approximately 6.4% [5] - Deposits decreased to $649.6 million at December 31, 2025, from $721.3 million at June 30, 2025, a reduction of about 9.9% due to the withdrawal of $59.3 million in deposits from a public entity [5] Credit Quality - The provision for credit losses was $34,000 for the three months ended December 31, 2025, compared to a credit of $450,000 for the same period in 2024, indicating a significant improvement in asset quality [3] Merger Announcement - The company announced a pending merger with ServBanc Holdco, Inc., valued at approximately $89.8 million, expected to close in the first quarter of 2026 [6] Stockholders' Equity - Stockholders' equity increased to $87.4 million at December 31, 2025, from $81.8 million at June 30, 2025, an increase of approximately 6.9% [5]

Financial Performance - Sales for the three months ended December 31, 2025, increased to $3,102.5 million, up from $2,931.5 million in the same period of 2024, representing a growth of 5.8%[16] - Operating income rose to $734.5 million, compared to $643.6 million in the prior year, reflecting an increase of 14.1%[16] - Net income attributable to Air Products for the quarter was $678.2 million, up from $617.4 million, marking a year-over-year increase of 9.8%[16] - Basic and diluted earnings per share attributable to Air Products were both $3.04, compared to $2.77 in the previous year, indicating a 9.8% increase[16] - The company reported a comprehensive income of $826.3 million for the quarter, significantly higher than $194.4 million in the same period last year[19] - Total consolidated income for the three months ended December 31, 2025, was $3,102.5 million, compared to $2,931.5 million in 2024, reflecting an increase of 5.8%[92] - Cost of sales for the same period was $2,107.5 million in 2025, up from $2,016.5 million in 2024, representing a 4.5% increase[92] - Interest expense for the three months ended December 31, 2025, was $54.5 million, compared to $42.6 million in 2024, indicating a rise of 28.3%[92] Cash Flow and Assets - Cash provided by operating activities was $900.7 million, an increase from $811.7 million in the same quarter of the previous year[24] - Total assets as of December 31, 2025, were $41,240.7 million, slightly up from $41,059.5 million at the end of September 2025[21] - The company’s cash and cash items at the end of the period were $1,026.4 million, down from $1,856.0 million at the beginning of the year[24] - Total current liabilities decreased to $3,497.9 million as of December 31, 2025, from $4,218.6 million as of September 30, 2025, a reduction of 17.0%[22] - Long-term debt increased to $17,114.6 million as of December 31, 2025, compared to $16,769.9 million on September 30, 2025, marking a rise of 2.1%[22] - Total liabilities decreased to $23,403.6 million from $23,709.7 million, showing a reduction of 1.3%[21] - Total equity as of December 31, 2025, was $17,837.1 million, up from $18,738.7 million as of December 31, 2024, indicating a decrease of 4.8%[26] Research and Development - Research and development expenses were $20.4 million, down from $22.0 million, reflecting a decrease of 7.3%[16] - The company reported segment operating income of $756.5 million for the three months ended December 31, 2025, compared to $673.5 million in 2024, indicating a year-over-year increase of about 12.3%[146] Environmental and Project Costs - The company has environmental accruals of $85.1 million, primarily as part of other noncurrent liabilities, with an estimated exposure for environmental loss contingencies ranging from $85 million to a possible upper exposure of $98 million[112] - The environmental accrual related to the Pace facility in Florida is $53.4 million, with ongoing remediation efforts required by the Florida Department of Environmental Protection and the United States Environmental Protection Agency[114][115] - Cumulative project exit charges related to business and asset actions totaled approximately $3.6 billion through 31 December 2025, primarily recognized in the second quarter of fiscal year 2025[66] - The company recorded business and asset action charges of $28.3 million ($24.6 million after tax) in the first quarter of fiscal year 2026, primarily related to project exits announced in fiscal year 2025[64] Dividends and Shareholder Returns - Dividends on common stock for the quarter were $398.6 million, with a dividend per share of $1.79, compared to $393.8 million and $1.77 per share in the same quarter of 2024[26] - The company paid dividends of $398.4 million during the quarter, with a dividend per share of $1.79[26] Joint Ventures and Projects - The NEOM Green Hydrogen Project, a joint venture, has secured project financing of approximately $6.1 billion, which is expected to fund about 73% of the project costs[51] - The company has an equity interest of $3.1 billion in the Jazan Integrated Gasification and Power Company joint venture as of December 31, 2025[58] - Total principal borrowings for the NEOM Green Hydrogen Company were $5.3 billion as of December 31, 2025, compared to $4.9 billion as of September 30, 2025[51] Accounting and Compliance - The company is evaluating the impact of new accounting guidance on its disclosures, including updates related to climate-related disclosures and income tax disclosures[39][40] - The FASB issued ASU 2023-09 to expand income tax disclosures, effective for the fiscal year ending September 30, 2026[39] Other Financial Metrics - The effective tax rate for the company was 18.7% for the three months ended December 31, 2025, compared to 17.8% for the same period in 2024[138] - Cash paid for taxes, net of refunds, was $109.1 million for the three months ended December 31, 2025, down from $123.6 million in 2024[139] - Related party sales totaled approximately $85 million for the three months ended December 31, 2025, compared to $80 million in 2024[135]

Financial Performance - The company reported a net loss of $31,329 for the period from July 15, 2025, through September 30, 2025, primarily due to general and administrative costs [111]. - The company incurred net cash used in operating activities of $12,416 during the reporting period [115]. - The company does not expect to generate operating revenues until after the completion of its Business Combination [110]. Initial Public Offering (IPO) - The company completed its Initial Public Offering on December 19, 2025, raising gross proceeds of $230,000,000 from the sale of 23,000,000 Units at $10.00 per Unit [113]. - An additional 4,000,000 Private Placement Warrants were sold at $1.50 per warrant, generating gross proceeds of $6,000,000 [113]. - Total transaction costs incurred during the Initial Public Offering amounted to $14,382,754, including $3,815,060 in cash underwriting fees [114]. - The underwriters received a cash underwriting discount of $4,000,000 upon the closing of the Initial Public Offering, with a deferred underwriting discount of $9,800,000 payable upon the completion of the initial Business Combination [123]. Future Financing and Use of Funds - The company intends to use substantially all funds in the Trust Account to complete its Business Combination, with remaining proceeds allocated for working capital [116]. - The company may need additional financing to complete its Business Combination or to address potential redemptions of public shares [119]. - The company has no off-balance sheet arrangements or long-term liabilities as of September 30, 2025 [120].

Financial Performance - GAAP net income for Q4 2025 was $3.9 million, a 7.8% increase from the prior year, with diluted earnings per share (DEPS) of $0.63, up 14.5%[6] - Net income for the full year 2025 was $14.0 million, representing a 21.8% improvement from $11.5 million in 2024[5] - Net income for the three months ended December 2025 was $3,918 thousand, slightly down from $4,046 thousand in September 2025, a decrease of 3.2%[30] - Adjusted net income for the twelve months ended December 31, 2025, was $14,776 thousand, up from $11,437 thousand in 2024, indicating a growth of 29.5%[38] - The diluted earnings per share for the twelve months ended December 31, 2025, was $2.19, compared to $1.72 in 2024, representing a year-over-year increase of 27.3%[38] Revenue and Income Sources - Net interest income for Q4 2025 reached $12.7 million, a 16.7% increase from $10.9 million in Q4 2024[5] - Noninterest income for Q4 2025 totaled $3.7 million, a decrease of 18.6% from the prior year, primarily due to lower mortgage loan servicing fees[11] - Total operating revenue for Q4 2025 was $16.4 million, a 6.3% increase from $15.5 million in Q4 2024[8] - Total operating revenue for the twelve months ended December 2025 was $65,560,000, up from $56,939,000 in the previous year[33] Asset and Loan Growth - Total loans increased by $133.9 million, or 12.8%, year-over-year, marking the seventh consecutive quarter of loan growth[5] - Loan balances reached $1,180.6 million, reflecting a growth of $133.9 million, or 12.8 percent, compared to the previous year[17] - Total assets increased to $1,545,367 thousand in December 2025, up from $1,496,263 thousand in September 2025, representing a growth of 3.7%[28] - Total assets increased to $1,536,215 thousand as of December 31, 2025, up from $1,395,473 thousand in 2024, representing a growth of 10.1%[36] Deposit Growth - Deposit growth was $154.6 million, or 13.4%, year-over-year, with total deposits reaching $1.31 billion[7] - Total deposits increased to $1.31 billion, growing $154.6 million, or 13.4 percent, year over year[14] - Total deposits rose to $1,307,244 thousand in December 2025, compared to $1,262,522 thousand in September 2025, marking an increase of 3.5%[28] Expense Management - Noninterest expense for Q4 2025 was $11.2 million, an increase of 2.1% from the prior year, driven by higher occupancy costs and taxes[12] - Total noninterest expense for the three months ended December 2025 was $11,239 thousand, a slight decrease from $11,498 thousand in September 2025, reflecting a reduction of 2.3%[30] - Total operating expense for the three months ended December 31, 2025, was $11,239 thousand, slightly up from $11,003 thousand in 2024, indicating a modest increase of 2.1%[38] Asset Quality - Nonperforming assets totaled $4.7 million, representing 0.30 percent of total assets, a decrease from 0.40 percent in the prior year[19] - Total nonperforming assets decreased by $833,000 from the prior year, indicating improved asset quality management[21] - The allowance for credit losses was 1.36 percent of total loans, providing coverage of 351.9 percent of nonperforming loans[20] - Nonperforming loans to total loans ratio was 0.39%, consistent with the previous quarter, indicating stable asset quality[34] Capital and Equity - Shareholders' equity totaled $141.2 million, an increase of $13.7 million from the prior year, or $3.01 per share[14] - The common equity tier 1 ratio was reported at 11.78%, down from 12.48%, reflecting a decrease in capital adequacy[34] - Market capitalization increased to $138,883 million, up from $120,907 million, indicating a positive market perception[34] Future Outlook - The Company remains focused on prudent organic growth and disciplined expense management to support sustainable performance[16] - The Company will hold the fourth quarter 2025 earnings conference call on January 30, 2026[22]

FOR IMMEDIATE RELEASE: Exhibit 99.1 652 Albany Shaker Road, Albany, NY 12211 News Release Pioneer Bancorp, Inc. Reports 2025 Results Net Income of $20.3 Million Albany, N.Y. – January 30, 2026 – Pioneer Bancorp, Inc. ("Pioneer") (NASDAQ: PBFS), a leading financial institution in New York's Capital Region, today reported the results for the three months and calendar year ended December 31, 2025. Net income for the three months ended December 31, 2025 was $3.7 million, or $0.16 and $0.15 per basic and diluted ...

Exhibit 99.1 CONTACT: MICHAEL SHRINER, PRESIDENT & CEO JAWAD CHAUDHRY, EVP, CFO & TREASURER (201) 823-0700 BCB Bancorp, Inc. Reports Net Loss of $12.0 Million in Fourth Quarter 2025 BAYONNE, N.J., January 30, 2026 — BCB Bancorp, Inc. (the "Company"), (NASDAQ: BCBP), the holding company for BCB Community Bank (the "Bank"), today reported a net loss of $12.0 million for the fourth quarter of 2025, compared to net income of $4.3 million in the third quarter of 2025, and net income of $3.3 million for the fourt ...

Financial Performance - In the December 2025 quarter, the company shipped 190 exabytes of HDD storage capacity and generated revenue of approximately $2.8 billion with a gross margin of 41.6% and net income of $593 million[112]. - Revenue increased by $196 million compared to the September 2025 quarter, primarily due to favorable pricing actions and an increase in exabytes shipped reflecting higher demand for both nearline and non-nearline products[119]. - The gross margin for the December 2025 quarter increased by 3 percentage points compared to the September 2025 quarter, driven by pricing actions and a favorable product mix[122]. - The operating margin for the December 2025 quarter was 30%, compared to 27% in the September 2025 quarter and 21% in the December 2024 quarter[118]. - Revenue for the three and six months ended January 2, 2026, increased by $500 million and $961 million from the three and six months ended December 27, 2024, respectively[120]. Expenses and Costs - The company reported a warranty cost related to new shipments of 0.9% of revenue for the December 2025 quarter, up from 0.7% in the December 2024 quarter[124]. - Product development expenses remained relatively flat at $187 million in the December 2025 quarter compared to $186 million in the September 2025 quarter[125]. - Product development expenses increased by $8 million in the six months ended January 2, 2026, primarily due to a $10 million increase in outside services costs[126]. - Marketing and administrative expenses rose by $19 million in the six months ended January 2, 2026, driven by a $10 million increase in compensation and other employee benefits[127]. - Other expense, net for the December 2025 quarter included $72 million of interest expense and a $66 million net loss from debt transactions[129]. Cash Flow and Investments - Cash and cash equivalents increased by $155 million to $1.046 billion as of January 2, 2026, primarily due to $1.3 billion net cash provided by operating activities[136]. - Cash provided by operating activities for the six months ended January 2, 2026, was $1.3 billion, with significant increases in accounts payable and accrued expenses[137]. - Net cash used in investing activities was $206 million for the six months ended January 2, 2026, mainly for property and equipment purchases[138]. - Net cash used in financing activities totaled $894 million for the six months ended January 2, 2026, including $500 million for the partial retirement of 2028 Notes[139]. Debt and Obligations - As of January 2, 2026, the future principal payment obligation on long-term debt was $4.5 billion, with estimated future interest payments of approximately $1.5 billion[148]. - The company retired $500 million principal amount of long-term debt and paid $154 million in dividends during the December 2025 quarter[112]. - The company declared a quarterly cash dividend of $0.74 per share, payable on April 8, 2026[150]. - As of January 2, 2026, the company had unconditional purchase obligations of approximately $1.4 billion, primarily related to inventory components[145]. Financial Instruments and Risk Management - The company has a total of $342 million in floating rate money market funds, with an average interest rate of 3.71%[158]. - Fixed rate debt amounts to $7,058 million, with an average interest rate of 6.12%[158]. - The company has entered into foreign currency forward exchange contracts with a total notional amount of $182 million, hedging against currency exchange rate fluctuations[161]. - The average contractual rates for foreign currency forward exchange contracts include 0.74 for British Pound Sterling and 7.01 for Chinese Renminbi[161]. - The company manages credit risk related to foreign currency forward exchange contracts by performing ongoing credit evaluations and limiting exposure to any one counterparty[162]. - Changes in corporate issuer credit ratings have minimal impact on near-term financial results but may affect future capital raising capabilities[162]. - The company utilizes a Total Return Swap (TRS) to manage equity market risks associated with its non-qualified deferred compensation plan[163]. - The TRS involves paying a floating rate based on SOFR plus an interest rate spread on the notional amount[163]. Market Insights - The data center market accounted for 79% of revenue in the December 2025 quarter, while Edge IoT represented 21%[119]. - The company expects long-term benefits from growing demand for data storage, particularly as AI applications continue to proliferate[115].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 000-09992 KLA CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) D ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended September 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-43023 Launchpad Cadenza Acquisition Corp I (Exact Name of Registrant as Specified in Its Charter) | Cayman Islands | 98-1877330 | | --- ...