Toppoint Denies Corporate Reasons for Unusual Stock Activity

Toppoint Holdings Inc. (NYSE American: TOPP) issued a press release on October 7, 2026, responding to unusual trading activity in its common stock. The filing, submitted to the SEC, states that the press release was issued at the request of the NYSE American and in accordance with Section 401(d) of the NYSE American Company Guide.

The company conducted an internal review and inquiry regarding the trading volume on October 6, 2026, and October 7, 2026. Toppoint confirms that it is not aware of any material, undisclosed corporate developments that would account for the observed activity.

Toppoint operates as a truckload services and solutions provider focused on the recycling export supply chain. The company is a key player in the New Jersey and Pennsylvania regional trucking market for waste paper. It transports scrap metal and wooden logs from large waste companies, recycling centers, and commodity traders to the ports of Newark, NJ, and Philadelphia, PA. Toppoint also provides import transportation services at these ports and has expanded into markets including Tampa, Jacksonville, and Miami, FL; Baltimore, MD; Ensenada, Mexico; and Houston, TX.

The company is incorporated in Nevada and headquartered in North Wales, Pennsylvania. Investors are encouraged to rely only on Toppoint’s official press releases and filings with the U.S. Securities and Exchange Commission for accurate and up-to-date information.

The press release includes cautionary notes regarding forward-looking statements. These statements include plans, expectations, expansion strategy, anticipated collections on loan receivables, and financial outlook. Actual results may differ materially from those anticipated due to factors including changes in market conditions, tariff and trade policy developments, commodity price volatility, port congestion, fuel costs, competitive dynamics, the Company’s ability to collect on outstanding loan receivables, liquidity constraints, and previously disclosed material weaknesses in internal control over financial reporting.