Arkas Line to Utilize GenFlat Collapsible Shipping Containers

Group 1: GenFlat Holdings, Inc. - GenFlat Holdings, Inc. has entered a trial agreement with Arkas Line to evaluate its collapsible shipping container technology over a six-month period starting in April 2026 [1] - The GenFlat containers can collapse in 80 seconds and expand in 20 seconds, allowing for significant space savings when stacked [1] - When stacked 4-to-1, GenFlat containers can save customers up to 75% on freight costs, terminal handling fees, carbon emissions, and space required at ports and distribution centers [1] Group 2: Arkas Line - Arkas Line is a leading marine transportation and logistics company based in Turkey, operating across 4 continents and 66 terminals [1] - The company ranks 32nd among the top 100 ship operators based on operated capacity and deploys a fleet of 38 vessels [1] - Arkas Line is committed to sustainability through its "Blue for Green" initiative, focusing on efficient energy use and carbon footprint reduction [1] Group 3: Financial Information - GenFlat announced the closing of a public offering of 2,333,333 shares at a price of $3.00 per share, resulting in approximately $7 million in gross proceeds [2] - The net proceeds from the offering are intended for working capital and general corporate purposes [2]