WESTPORT FUEL SYSTEMS INC.

Westport Fuel Systems Inc. has officially changed its name to Aetherion Technologies Inc., effective October 14, 2026. The company anticipates its common shares will begin trading under the new name and ticker symbol AETR on the Toronto Stock Exchange and Nasdaq around October 23, 2026, pending regulatory approvals. Until then, shares will continue to trade under the WPRT ticker. The company's CUSIP and ISIN numbers are also set to change.

Westport Fuel Systems reported its second quarter 2026 financial results, showing a significant decrease in consolidated revenue to $2.7 million and an increased net loss of $11.4 million. However, its Cespira joint venture demonstrated strong performance with 125% revenue growth and 298% gross profit improvement, driven by demand for LNG HPDI trucks. The company also completed a $10 million private placement to enhance liquidity but noted substantial doubt about its ability to continue as a going concern.

Westport Fuel Systems Inc. reported a net loss from continuing operations of $11.4 million for Q2 2026, a significant increase from $5.1 million in the prior year. Consolidated revenue decreased 78% to $2.7 million, primarily due to the end of a transitional service agreement. Despite these challenges, its Cespira joint venture demonstrated strong growth, with revenue up 125% to $27.1 million and gross profit improving 298%. However, management raised substantial doubt about Westport's ability to continue as a going concern within the next twelve months, even after completing a $10 million private placement to enhance liquidity.

Westport Fuel Systems Inc. announced that it will release its second quarter 2026 financial results after market close on Tuesday, August 11, 2026. The company will host a conference call and webcast to discuss these results and other corporate developments on Wednesday, August 12, 2026, at 9:30 a.m. ET.

Westport Fuel Systems Inc. announced it will release its second quarter 2026 financial results on Tuesday, August 11, 2026, following the market close. The company will host a conference call and webcast to discuss these results and other corporate developments on Wednesday, August 12, 2026, at 9:30 a.m. ET.

Westport Fuel Systems Inc. filed an F-1 registration statement for the resale of up to 4,854,369 common shares by a selling shareholder. These shares are issuable upon the exercise of warrants that were part of a securities purchase agreement dated June 22, 2026. While the company will not receive proceeds from the resale, it could receive approximately $10 million if all warrants are exercised for cash. Critically, management has identified a material uncertainty regarding the company's ability to continue as a going concern, citing insufficient cash and equivalents for the next twelve months.

Westport Fuel Systems Inc. announced a change in its certifying accountant. KPMG LLP declined to stand for reappointment, effective May 7, 2026. Subsequently, Deloitte LLP was appointed as the new independent registered public accounting firm on May 8, 2026, a decision approved by the Audit Committee and Board of Directors. Shareholders formally approved Deloitte's appointment for the 2026 fiscal year on June 30, 2026. The company confirmed there were no disagreements or adverse opinions with KPMG during the past two fiscal years.

Westport Fuel Systems Inc. announced the results of its Annual General and Special Meeting of Shareholders held on June 30, 2026. Shareholders approved all resolutions presented, including the election of all nominated directors for the ensuing year, the appointment of Deloitte LLP as auditors, and the advisory vote on executive compensation. Notably, shareholders also approved a resolution to change the corporation's name.

Westport Fuel Systems Inc. held its Annual General and Special Meeting, where shareholders approved all presented resolutions. Key approvals included the election of all nominated directors, the appointment of Deloitte LLP as auditors, and the advisory vote on executive compensation. Notably, shareholders also approved a resolution to change the corporation's name.

Westport Fuel Systems Inc. announced the closing of a registered direct offering and concurrent private placement, raising approximately $10 million in gross proceeds. The offering included the sale of common shares and pre-funded warrants, along with private placement warrants. The company intends to use the net proceeds for working capital and general corporate purposes. An additional $10 million could be raised if the private placement warrants are fully exercised.