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🇺🇸 SECZenaTech, Inc.Doubao · 实盘不做把握 7/10不做原因:无增量信息
北京时间·🕒 发布 04:18:00·⟳ 抓取 04:18:28 +28s·⚡ 决策 10-15 04:20:37 +2m09s·12.9 天前

ZenaTech 6-K 打包五篇 10月初旧闻,唯一有交易价值的 Q3 收入预告(C$13.4–14.8M)已于 10月13日发布且当日下跌,无新增事实

本次 6-K 仅是把 10/1–10/13 已公开的五篇新闻稿作行政性打包提交,无新增事实;核心财务催化(Q3 初步收入指引)在 10/13 已发布,当日股价 -1.83%,6-K 提交当日盘后再跌约 1.8%,市场未给正向定价。叠加微盘、强下行趋势(20日 -24.8%、距52周高 -84.7%)、5月US$25M股权融资摊薄及极薄流动性,多空均无正期望。

📄 原文ZenaTech, Inc.↗ 原文
----- zt_6k.htm ----- 6-K 1 zt_6k.htm CURRENT EVENT REPORT - FORM 6-K Current Event Report - Form 6-K UNITED STATES SEC…
不做 ZenaTech(ZENA.US)
6-K 为 10/1–10/13 五篇旧稿的行政性打包提交,无新增事实;唯一财务增量 Q3 收入指引(C$13.4–14.8M)已于 10/13 发布且当日 -1.83%,提交日盘后再跌,无信息差。叠加微盘(~US$97M)、强下行(20日-24.8%、距52周高-84.7%)、5月US$25M股权融资摊薄与极薄流动性,多空均无正期望;不构成做空强催化(基本面仍在高增长),故双向不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

ZENA 6-K 无新事件,Q3 收入预告(C$13.4–14.8M,环比+44%~59%)已在 10/13 公开且当日下跌,属旧闻行政提交;股价强下行+摊薄+微盘低流动性,不做。

🔎 新鲜度:最早出现 2026-10-13 · 扩散 medium · price-in 风险 high ↗

消息传播链

  1. 2026-10-14 16:18 ET其它SEC EDGAR (Form 6-K)一手源原文 ↗
    6-K 打包提交 5 篇 10/1–10/13 已发新闻稿,无新增事实,属行政性备案
    市场反应:提交日 RTH 收 1.09(+1.87%),盘后 1.07(-1.83%),量极小

关键理由

  • Q3 初步收入 C$13.4–14.8M 环比 Q2 增长 44%–59%、DaaS 存量门店有机增长 27.1%,基本面确在放量
  • 但该指引 10/13 即已发布并被负向消化,6-K 不含任何新订单、新合同或上修,无信息差可交易

主要风险

  • 公司仍亏损(PE 为负)且 5 月完成 US$25M 股票+认股权证融资,收购滚动式扩张依赖持续股权融资,摊薄压力构成持续逆风
  • Q3 数字为 preliminary & unaudited,且无分析师一致预期可锚定 surprise,微盘低流通下波动与跳空风险高

反向证据

  • 做多前查反向 · 来源 web · 日期 2026-10-13 · 影响 weakens
    5 月 US$25M 股票+认股权证融资、股价 20 日 -24.8%、距 52 周高 -84.7%,10/9 单日 -15.9%,强下行+摊薄逆风
    检索:ZenaTech ZENA stock October 2026 financing dilution drop 原文 ↗
  • 做多前查反向 · 来源 kb_search · 影响 weakens
    自家案例库 18 条相关、0 次 ENTER,原型机/产品发布/获奖/收购完成类新闻稿历史上均判不做
    检索:ZENA.US 历史同类新闻稿决策

先例如何影响了这次决策

对本次决策的影响:先例与自家历史均未改变结论,支持 AVOID;未据任何先例设定 tp/sl

方向:无可用对齐先例;本事件本身为旧闻打包,缺乏可交易的新事件锚点,不足以支撑先例定价

涨幅量级:未做 event_study:6-K 不含新增催化,仅有微盘个股、无同类首发锚,强行造先例无意义

形态:自家案例库 18 条相关决策、0 次 ENTER,过往产品/原型/获奖/收购完成类新闻稿全部判不做,与本次旧闻打包结论一致

工具执行结果 · 成功 5 · 降级 0 · 失败 0 · 取消 0
  1. search_processed_events 成功 stock_tools HTTP · 10 ms
    {"result": "search_processed_events:agent query=`zenadrone 2000 interceptor flight testing stacklens | zenatech 6-k october 2026 letter shareholders 316% q2 revenue | zenatech zena q3 2026 revenue estimate c$13.4 million c$14.8 m`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agen
  2. stock_quote 成功 stock_tools HTTP · 1,052 ms
    {
  3. web_search 成功 doubao_search · 2,502 ms
    豆包搜索结果(原始查询:ZenaTech ZENA stock October 2026 financing dilution drop;API SearchType:web)
  4. search_case_library 成功 stock_tools HTTP · 15 ms
    {"result": "search_case_library「ZENA.US」—— 与这些标的相关的自家决策案例(本页 12 条,该标的全历史相关记录共 18 条;ENTER 只按该标的自己的腿统计):\n◆ ZENA.US:相关历史决策 18 条 · 其中该标的 ENTER 0 条(0.0%) · 我们从没在这只票上 ENTER 过\n【对所查标的真 ENTER 过的:0 条 —— 相关案例里没有该标的自己的 ENTER 腿】\n【最近 12 条其它决策(多为「不做」,用来看这票最近在被什么消息刷屏)】\n• 2026-09-03 UTC(北京 2026-09-04) 不做 · 事件:Ze
  5. validate_order 成功 stock_tools HTTP · 6 ms
    {

原文全文

展开原文 · 53,645 字
----- zt_6k.htm -----
6-K
1
zt_6k.htm
CURRENT EVENT REPORT - FORM 6-K
Current Event Report - Form 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of
October 2026
Commission File Number
001-41852
ZENATECH, INC.
(Translation of registrant’s name into English)
777 Hornby Street, Suite 1460
Vancouver
,
British Columbia
Canada
V6Z 1S4
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
⌧ Form 20-F
☐
Form 40-F
- 2 -
SUBMITTED HEREWITH
Exhibits
99.1
ZenaTech Letter to Shareholders Outlines 316% Q2 Revenue Growth and Seventh Consecutive Quarter of Sequential Growth
99.2
ZenaTech Advances ZenaDrone 2000 Heavy-Lift Interceptor Toward Flight Testing for Counter-UAS and Maritime Defense
99.3
ZenaTech’s ZenaDrone Initiates Mobile Drone Operations Trailer to Boost Productivity and Scale Drone as a Service
99.4
ZenaTech Unveils Stacklens™, AI-Powered Smart Safety Glasses Built for Field Technicians and Industrial Workers
99.5
ZenaTech Reports Over 27% Organic Growth Across Existing Drone as a Service Operations and Estimates Q3, 2026 Total Revenue in Range of C$13.4 Million to C$14.8 Million
- 3 -
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: October 14, 2026
ZENATECH, INC.
By:
/s/ Shaun Passley, Ph.D
Name:
Shaun Passley, Ph.D
Title:
Chief Executive Officer

----- zt_ex99z1.htm -----
EX-99.1
2
zt_ex99z1.htm
PRESS RELEASE
Exhibit 99.1
ZenaTech Letter to Shareholders Outlines 316% Q2 Revenue Growth and Seventh Consecutive Quarter of Sequential Growth
Drone as a Service generated $8.6 million, or nearly 93% of Q2 revenue, as the Company expanded its operating platform and advanced its defense technology portfolio
Vancouver, British Columbia (October 1, 2026)
— ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech" or the "Company"), a technology solution provider specializing in AI-powered drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today provides a business update and future outlook in a letter to shareholders from CEO Shaun Passley, Ph.D. Unless otherwise indicated, all financial figures are expressed in Canadian dollars.
To our valued shareholders,
ZenaTech continues its evolution from a technology development company with a software revenue base to a diversified, multi-product and vertically integrated operating company with a scalable Drone as a Service platform, and advancing commercial, government and defense drone technology portfolio, and an enterprise software business.
I am proud of what we accomplished during the first half of 2026. We continued to execute our business plan, scale our DaaS operations and advance our drone and software platforms for business, government and defense markets.
Second-quarter revenue reached $9.3 million, up 316% year over year, while revenue for the first six months reached $17.7 million, up 425% from the comparable period last year. First-half revenue also exceeded our full-year 2025 revenue of $12.9 million by approximately 37%. Drone as a Service remained our primary revenue engine, contributing $8.6 million, or nearly 93% of total revenue in the quarter, and $16.4 million during the first half.
We have now delivered seven consecutive quarters of sequential revenue growth since Q4 2024. Quarterly revenue increased more than 13 times over that period, from approximately $0.7 million in Q4 2024 to $9.3 million in Q2 2026.
In June 2026, ZenaTech was added to the Russell 3000® Index, an important market-recognition milestone as we continue to expand the Company.
Our Q2 operating expenses increased with our larger workforce, acquired operations, sales and marketing activity, technology development and public-company costs. We recognize that scaling revenue must ultimately translate into improved operating leverage. Our focus is therefore not only on adding locations, but also on integrating them, deploying drone-enabled workflows and expanding higher-value data and analytics services.
Following our May financing, we ended the quarter with $12.2 million in cash, $34.6 million in combined cash and marketable securities, and $24.3 million in working capital. Total assets increased 50% to $149.3 million and shareholders' equity increased 34% to $91.4 million. These resources provide flexibility to fund integration, product development and disciplined acquisitions, while we remain focused on careful capital allocation.
Drone as a Service
The scale of our operating platform continues to expand. In Q2 2026, we completed four land survey and legacy service business acquisitions, bringing our cumulative DaaS acquisition count to 24 at June 30. Subsequent transactions increased that count to 29 to date and expanded our presence into additional sectors and regions, including Alberta, Ohio, Idaho and, most recently, Georgia. ZenaTech's DaaS operations now have a physical presence in 14 U.S. states. We also expanded our corporate footprint with offices in South Korea and the United Kingdom, while our broader DaaS operations and acquisition activity extend across the U.S., Canada, the UK and Australia.
We chose land surveying and related engineering services deliberately. These are essential, fragmented industries facing a shortage of licensed professionals, while many workflows remain manual and dependent on decades-old processes. By combining established local operators and customer relationships with drones, LiDAR, centralized data processing and analytics, we believe we can increase field capacity, shorten project timelines and improve data and precision. For customers, that can mean faster and more useful information. For shareholders, it creates a platform through which technology, shared services and new offerings can be deployed across a growing revenue base.
Our objective is to build a scaled, technology-enabled global Drone as a Service platform. We acquire established operating companies with licensed professionals, existing customers and specialized expertise, then connect them with ZenaDrone technology, software, AI, analytics and our vertically integrated manufacturing capabilities. Each acquisition adds an existing revenue base upon consolidation. As integration progresses, we believe drone-enabled workflows can reduce costs per job, increase capacity and support margin improvement.
Scale matters because each new location expands the customer base into which we can deploy differentiated technology and data services and broadens the types of contracts we can pursue. We will continue to target acquisitions in sectors ready for drone-enabled modernization as we enter new U.S. states and international markets. At the time of our Q2 results announcement, signed acquisition offers across the U.S., Canada and Australia, if completed, were expected to contribute approximately $40 million in revenue during the first 12 months following closing.
Defense Technology Progress
Our defense technology portfolio is an important component of our long-term strategy, and we continue to advance product development, certification and customer engagement as demand for commercial and defense drone solutions grows.
The ZenaDrone 1000, IQ Nano and IQ Square have advanced into the cybersecurity phase of the Blue UAS certification process, while the IQ Quad is also progressing toward certification. Blue UAS certification supports eligibility for U.S. government and defense procurement. We are also moving from internal development toward customer-facing demonstrations. We have received our first confirmed U.S. government defense agency demonstration request and are
planning demonstrations involving the IQ Nano, ZenaDrone 1000 and IQ Square for applications including inspections, surveys, specialized cargo, reconnaissance and inventory management. We believe this progress strengthens our ability to pursue future pilots and potential contracts.
We continue to build out our Counter-UAS platform to offer cost-effective solutions. Low-cost hostile drones can be extraordinarily expensive to counter using traditional intercept methods. The Interceptor P-1 is our low-cost, one-way autonomous interceptor designed to physically engage hostile drones, with a target selling price of under US$5,000. It has entered flight testing. We have also advanced our IQ Aqua underwater mine-detection drone into U.S. field testing in Florida and are progressing development of the larger gas-powered ZenaDrone 2000 and IQ Glider autonomous maritime launch and refueling platform. Together, these technologies form part of a broader integrated Counter-UAS architecture intended to be supported by Zena AI and our research involving detection and swarm-command capabilities.
ZenaDrone has also begun in-house flight testing of custom-designed printed circuit boards manufactured by our Taiwan-based Spider Vision Sensors subsidiary and integrated at our UAE facility, advancing our vertical-integration strategy toward NDAA-compliant drones and Blue UAS certification.
Geographically, we are developing capabilities for U.S. and allied defense markets, including potential NATO and Gulf-state opportunities. Our Ukraine-based manufacturing and testing operation is being established with a planned focus on Counter-UAS and interceptor drones, and we registered Phoenix Aero as our Western Ukraine-based company.
Enterprise Software
Enterprise SaaS revenue was $702,315 in Q2, an increase of approximately 6% from the prior-year quarter. First-half Enterprise SaaS revenue was $1.29 million, compared with $1.39 million a year earlier. During the quarter, we added NOW Solutions, an HR and payroll software business serving government and institutional customers.
We also announced Zoo Office™, the next evolution of our enterprise software strategy. Our vision is an AI-powered enterprise productivity platform that will include the Company's existing 13 software brands together with new applications under development. It is intended to provide an integrated business environment in which AI can understand organizational context, automate repetitive workflows, execute tasks and support better decisions.
We have also expanded ZenaWorx virtual design and construction progress monitoring with digital-terrain-modeling capabilities and signed the Company's first paying customer in the AI data-center construction market.
Outlook for the Remainder of 2026
As we move through the second half of 2026, we believe we are positioned to continue building the business. Our priorities remain integrating and scaling our platforms, converting technology investment into revenue, and continuing the disciplined M&A activity that has driven our growth.
In DaaS, we are working to close transactions covered by signed acquisition offers while continuing to integrate acquired survey, inspection and power-washing businesses into drone-based delivery. Our objectives include reducing the cost per survey and per job, increasing capacity and geographic reach, supporting margin expansion, and introducing additional data and analytics services with centralized processing.
In drone technology and defense, we are advancing product development, the Blue UAS certification process and engagement with U.S. defense agencies. These activities are intended to support additional demonstration requests, potential procurement-list inclusion, pilots and future government revenue. We are also progressing our Counter-UAS and interceptor programs and establishing Ukraine-based testing and manufacturing capabilities to support product-development objectives.
Our manufacturing priorities include further commissioning facilities, expanding production capabilities and growing manufacturing and testing teams across Mesa, Arizona; Sharjah, UAE; and Taipei, Taiwan.
In enterprise software, we are continuing the rollout of Zoo Office™, our planned AI-powered enterprise productivity platform incorporating 13 existing software brands and designed to support future Enterprise SaaS revenue opportunities.
Finally, we will continue to manage our balance sheet carefully as we fund organic growth, integrate acquisitions and pursue additional disciplined transactions.
ZenaTech is a very different company than it was a year ago. We have moved from primarily developing software and technologies to building a larger operating platform with revenue, customers, acquired businesses, manufacturing capabilities, software products and a growing defense opportunity pipeline.
I am proud of what we have accomplished to date and the results we have delivered. We remain committed to building long-term shareholder value as we scale the business. I am grateful for your continued support and confidence, and I look forward to sharing our progress throughout the remainder of 2026.
Sincerely,
Shaun Passley, Ph.D.
Chief Executive Officer
ZenaTech, Inc.
Additional information is available in ZenaTech's Form 6-K filing on the
SEC EDGAR website
.
About ZenaTech
ZenaTech
, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global
Drone as a Service
(DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable and recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and
advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
About ZenaDrone
ZenaDrone
, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the
ZenaDrone 1000
for ISR defense and specialized cargo, the
IQ Nano
for indoor inventory management and security, the
IQ Square
for outdoor inspections and maintenance, the
IQ Quad
for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company’s Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
# # #

----- zt_ex99z2.htm -----
EX-99.2
3
zt_ex99z2.htm
PRESS RELEASE
Exhibit 99.2
ZenaTech Advances ZenaDrone 2000 Heavy-Lift Interceptor Toward Flight Testing for Counter-UAS and Maritime Defense
Gasoline-powered platform designed for more than four hours of hover endurance advances through prototype assembly, adding a long-endurance, heavy-payload capability to ZenaTech’s counter-UAS portfolio alongside the Interceptor P-1
Vancouver, British Columbia (October 6, 2026)
— ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech" or the "Company"), a technology solution provider specializing in AI-powered drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, provides an update on the ZenaDrone 2000, its heavy-lift autonomous interceptor designed to counter hostile drones and coordinated swarm attacks over land and sea. ZenaDrone is building the first full prototype and part of an integrated defense system, at its facility in Sharjah, UAE, and now expects to begin flight testing in the first quarter of 2027.
Recent build milestones include:
·
Airframe and folding arm structure completed
·
Gasoline propulsion system and 36-inch propellers bench-tested
·
Flight controller and autonomy software in ground testing
Once assembly is complete, the first flight test phase will validate takeoff, hover and landing at full and partial payload, endurance toward the 4+ hour hover rating, the 360-degree detection system, and autonomous navigation. Later phases are expected to add autonomous threat pursuit, multi-target engagement, swarm coordination with the Interceptor P-1, and maritime launch and recovery from ZenaDrone's IQ Glider marine launch and refueling station.
Specification
ZenaDrone 2000
Max takeoff weight
200 kg
Payload capacity
40 kg
Hover endurance
4+ hours
Propulsion
Gasoline, 4 × 36-inch propellers
Sensors
Cameras providing 360-degree coverage
Footprint (folded / deployed)
224.8 × 82.0 cm / 180.4 × 365.8 cm
The ZenaDrone 2000 is designed to fill a gap between small, single-use interceptors and costly missile-based air defense. Its long endurance capability allows it to stay airborne over a base, port, vessel or border crossing for hours, while its 40 kg payload supports heavier sensors and counter-drone effectors. Paired with the low-cost Interceptor P-1, which recently began its own flight testing, it is designed to give defense customers a layered system: the ZenaDrone 2000 watches and coordinates, and P-1 interceptors engage.
"The ZenaDrone 2000 is the largest and most capable aircraft we have built, and we are taking the time to get the prototype right before it flies," said Shaun Passley, Ph.D., CEO of ZenaTech. "Militaries, navies and border agencies need counter-drone systems that can stay on station for hours and respond to many threats at once, at a cost they can field at scale. With the Interceptor P-1 already inflight testing and the ZenaDrone 2000 moving through its build, we are assembling a complete, affordable counter-UAS layer for the U.S., our allies and partners in the Middle East for a counter-UAS market that industry analysts indicate could exceed USD $20 billion by 2030."
Recent conflicts across the Middle East and beyond have exposed a glaring imbalance in modern air defense economics. Gulf nations and their allies have been forced to deploy interceptor missiles costing hundreds of thousands — or even millions — of dollars to destroy drones from hostile nations that could be valued at $20,000. This unsustainable cost asymmetry is being exploited by adversaries who can field swarms of low-cost, slow-moving aerial threats faster than conventional defense systems can economically respond. The global defense community has recognized that the most practical, scalable, and affordable answer to the drone threat is not another expensive missile — it is a better, smarter, faster drone.
ZenaTech expects to announce further updates on the ZenaDrone 2000 as milestones are achieved and as the prototype build is complete.
About ZenaTech
ZenaTech
, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global
Drone as a Service
(DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable and recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
About ZenaDrone
ZenaDrone
, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the
ZenaDrone 1000
for ISR defense and specialized cargo, the
IQ Nano
for indoor inventory management and security, the
IQ Square
for outdoor inspections and maintenance, the
IQ Quad
for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company’s Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
# # #

----- zt_ex99z3.htm -----
EX-99.3
4
zt_ex99z3.htm
PRESS RELEASE
Exhibit 99.3
ZenaTech’s ZenaDrone Initiates Mobile Drone Operations Trailer to Boost Productivity and Scale Drone as a Service
Trailer is designed to support automated multi-drone spraying and seeding, with automated battery recharging, launch and landing platform, with future adaptations planned for surveying and inspections
Vancouver, British Columbia, (October 8, 2026)
— ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its ZenaDrone subsidiary has begun building a mobile agricultural drone operations trailer and will begin testing it in the coming months. The trailer is designed to transport and automate precision agriculture Drone as a Service jobs including for drone swarm operations. It is being configured to work with the IQ Octo drone, to complete jobs with minimal human intervention, improving speed and job capacity, and will be adapted to work with other DaaS applications such as surveys and inspection jobs in the future. The
IQ Octo
is ZenaDrone’s medium-sized, eight-motor autonomous drone currently at the prototype testing stage, built for precision spraying and seeding. Battery powered, it is designed for roughly 20 to 25 minutes of flight per charge and a payload of up to 25 kilograms of liquid or seed, applying fertilizers, crop-protection products, and seed along programmed flight paths.
“Our customers want more acres covered, jobs completed faster, and lower service costs. Developing a mobile operations trailer to support multiple drones, with spraying, seeding, and spreading capabilities and automated battery recharging, is aimed squarely at those needs,” said Shaun Passley, Ph.D., ZenaTech CEO. “We are starting development and testing in precision agriculture, with the goal of extending this approach across our Drone as a Service applications. For ZenaTech’s DaaS business, the opportunity is to serve more customers with each crew and drone fleet, supporting stronger margins and a more scalable service business.”
The trailer is designed as a customizable mobile hub that transports drones and supports field operations, including battery charging, payload replenishment, and autonomous takeoff and landing. Built for compact and road-worthy field operations, it has a retractable top cover and panels for fast drone set up and launch directly from the trailer. It is built to support drone swarms of up to five aircrafts working across precision agriculture jobs, beginning with IQ Octo spraying, seeding, and spreading operations, and can later be adapted for surveying and inspection applications. The trailer is currently in the prototype build-and-test stage at the Company’s facility in Mesa, Arizona where it is expected to be produced.
A mobile operations trailer supporting four to five drones is designed to deliver faster job completion, less downtime, lower operating costs, and greater daily capacity. By bringing spraying, seeding, and spreading supplies directly to the job site with automated refilling, and by recharging batteries without manual intervention, the trailer is designed to keep fleets flying with fewer interruptions and less hands-on servicing. The goal is quicker turnaround and planned lower costs for customers, enabling DaaS operators to cover more acres, complete more jobs, and improve margins from the same fleet.
Drone as a Service (DaaS) is ZenaTech’s model for delivering drone-based automation of legacy or manual jobs, data, and analytics as a recurring service rather than selling drone hardware outright. It is designed to give customers across agriculture, land surveying and construction, industrial inspections and maintenance, power washing of buildings, and other industries access to automated drone capabilities without owning or operating a fleet, while building a scalable, recurring-revenue business for ZenaTech.
The Company will provide further updates as it reaches additional development and testing milestones for the mobile agricultural drone operations trailer.
About ZenaTech
ZenaTech
, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global
Drone as a Service
(DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for applications such as agriculture and logistics, as well as ISR, cargo, and counter-UAS for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
About ZenaDrone
ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the
ZenaDrone 1000
for ISR defense and specialized cargo, the
IQ Nano
for indoor inventory management and security, the
IQ Square
for outdoor inspections and maintenance, the
IQ Quad
for land surveying, the IQ Aqua, for underwater applications, and the IQ Octo for precision agriculture. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include "forward-looking statements" within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities, including statements about the development, features, certification, availability, pricing and market adoption of Stacklens. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "aim", "seek", "is/are likely to", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; ZenaTech’s ability to deliver products to the market as currently contemplated, including new product lines such as Stacklens; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; regulatory risks, including the outcome of safety certification processes; the competitive conditions of the industry; the ability to complete any contemplated acquisitions; market uncertainty; and applicable laws, regulations, and any amendments affecting the business of ZenaTech. Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this release, and ZenaTech undertakes no obligation to update them except as required by law.

----- zt_ex99z4.htm -----
EX-99.4
5
zt_ex99z4.htm
PRESS RELEASE
Exhibit 99.4
ZenaTech Unveils Stacklens™, AI-Powered Smart Safety Glasses Built for Field Technicians and Industrial Workers
Hands-free AI assistant, live video support and thermal imaging in certified safety eyewear bring the smart-glasses category to the jobsite
Vancouver, British Columbia, (October 9, 2026)
— ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech” or the “Company”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today unveiled Stacklens™, a line of AI-powered smart safety glasses designed for field technicians, inspectors and industrial crews. Stacklens is designed to bring the hands-free camera, audio and AI features of consumer smart glasses into certified safety eyewear built for the jobsite. The intent is to let a technician see instructions, call an expert, and capture an inspection, all without putting down their tools or taking off their gloves. Stacklens is being developed by
Tillerstack
, a ZenaTech subsidiary and part of its Zoo Office AI-powered enterprise productivity Software-as-a-Service (SaaS) ecosystem. The product is currently at the prototype and testing stage, with customer pilots expected to begin in 2027.
“Smart glasses have arrived for consumers, but the people who could benefit most are the millions of technicians who need both hands and real answers on the job,” said Shaun Passley, Ph.D., ZenaTech CEO. “Stacklens puts an AI expert, a camera and a direct line to a senior technician right in a pair of safety glasses. It fits naturally alongside our drone services and enterprise software, and we see it as a promising new opportunity for ZenaTech.”
ZenaTech plans to launch Stacklens in three versions, each suited to a different field environment and use case.
Stacklens is also designed to connect with ZenaTech's broader drone and Drone as a Service ecosystem, giving field crews a natural extension of the Company's existing AI and drone technology for more efficient inspection or maintenance job completion and data capture.
The global smart glasses market is projected to reach approximately
US$4.1 billion by 2030
, according to
MarketsandMarkets
.
Pricing and subscription details have not yet been disclosed, and the Company is pursuing applicable safety certifications. ZenaTech will provide further updates as it reaches additional development, certification and pilot-program milestones for Stacklens.
About ZenaTech
ZenaTech
, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global
Drone as a Service
(DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for applications such as agriculture and logistics, as well as ISR, cargo, and counter-UAS for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
About ZenaDrone
ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the
ZenaDrone 1000
for ISR defense and specialized cargo, the
IQ Nano
for indoor inventory management and security, the
IQ Square
for outdoor inspections and maintenance, the
IQ Quad
for land surveying, the IQ Aqua, for underwater applications, and the IQ Octo for precision agriculture. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include "forward-looking statements" within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities, including statements about the development, features, certification, availability, pricing and market adoption of Stacklens. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "aim", "seek", "is/are likely to", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; ZenaTech’s ability to deliver products to the market as currently contemplated, including new product lines such as Stacklens; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; regulatory risks, including the outcome of safety certification processes; the competitive conditions of the industry; the ability to complete any contemplated acquisitions; market uncertainty; and applicable laws, regulations, and any amendments affecting the business of ZenaTech. Readers should not place undue reliance on forward-looking statements, which speak only as of the date of this release, and ZenaTech undertakes no obligation to update them except as required by law.

----- zt_ex99z5.htm -----
EX-99.5
6
zt_ex99z5.htm
PRESS RELEASE
Exhibit 99.5
ZenaTech Reports Over 27% Organic Growth Across Existing Drone as a Service Operations and Estimates Q3
, 2026
Total Revenue
in Range of
C$13.4 Million
to
C
$14.8 Million
Vancouver, British Columbia, (October 13, 2026)
— ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces organic revenue growth averaging 27.1% in 2026 across its DaaS operations. The metric measures organic revenue growth generated within the approximately 20 primarily U.S. DaaS locations added in 2025 and does not include acquisitions completed in 2026. Some of these individual DaaS locations generated organic growth of over 40% during the period.
ZenaTech also estimates that total revenue for the third quarter of 2026 will be between C$13.4 million and C$14.8 million (US$9.5 million to US$10.5 million), compared to reported second quarter revenue of C$9.3 million (approximately US$6.6 million). DaaS segment revenue was approximately 93% of total revenue in second quarter of 2026. These figures are preliminary and unaudited and final revenue may differ from estimated amounts.
“Over 27% organic growth across the locations we acquired in 2025 shows the Drone as a Service model working as designed: we acquire established survey and inspection businesses, introduce drones and AI into their workflow, and see the results in their revenue,” said Shaun Passley, Ph.D., ZenaTech CEO. “We are executing quickly, and each new location strengthens the AI autonomy platform we are building across the network. Drone-based land survey and inspection is a differentiated offering in a traditional industry; our marketing investments are building brand awareness and name recognition, and our acquisition strategy deliberately focuses on regions where geographic growth and economic development are driving construction and business growth, and with it the demand for DaaS. We believe this combination positions ZenaTech for sustained growth.”
For context,
IBISWorld
estimates the U.S. Surveying & Mapping Services industry has grown at a compound annual rate of 1.3% between 2021 and 2026. The Company’s 27.1% average organic growth is more than 20 times that industry growth rate.
Management attributes the organic growth to a combination of operational and commercial drivers. Operationally, ZenaTech integrates drones and AI into each location’s workflow, speeding up fieldwork and data delivery and automating more of the process, which allows locations to take on more work with their existing teams. It also trains existing land surveyors to become drone pilots, expanding capacity while lowering labor costs. Commercially, ZenaTech’s marketing investments are building name recognition for its DaaS brand and sales leads, and the Company is introducing packaged services tailored to fast-growing segments, including surveying for AI data center construction and services for large residential homebuilders.
ZenaTech’s Drone as a Service model is similar to Software as a Service (SaaS), but instead of delivering software through a subscription, it delivers turnkey drone-powered services and data on a recurring subscription or usage basis. The platform provides business and government customers with drone services using its vertically integrated ZenaDrone drones, for a host of surveying, inspections, maintenance, power washing, and precision agriculture solutions, eliminating the need for customers to own, operate and maintain commercial-grade drone fleets. Through the acquisition of established, under-digitized service businesses, ZenaTech is building a scalable global Drone as a Service network and AI autonomy platform, with recurring revenue and an existing customer base, while integrating advanced drone technologies to deliver greater speed, precision, safety, and data-driven insights. The Company continues to expand its geographic footprint, service offerings, and drone capabilities to drive long-term growth.
About ZenaTech
ZenaTech
, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global
Drone as a Service
(DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable and recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
About ZenaDrone
ZenaDrone
, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the
ZenaDrone 1000
for ISR defense and specialized cargo, the
IQ Nano
for indoor inventory management and security, the
IQ Square
for outdoor inspections and maintenance, the
IQ Quad
for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management's expectations and projections regarding ZenaTech's growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech's expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square, IQ Nano, IQ Quad, ZenaTech 2000, IQ Glider, IQ Sphere, IQ Aqua and Interceptor P-1; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech's anticipated cash needs and its needs for additional financing; ZenaTech's intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech's expected business objectives for the next twelve months; ZenaTech's ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company's Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC's website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

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