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NEW YORK, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against iTonic Holdings Ltd.

A securities class action alleges that iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd) shares climbed from a $4.00 IPO price to $32.00 before collapsing approximately 95% in a single session, with the Company later acknowledging its price had been influenced by false Gilead acquisition rumors. This notice tracks the dated sequence of events.

NEW YORK, Sept. 3, 2026 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd) ("Pheton" or the "Company") (NASDAQ: ITOC).

A securities class action alleges iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd) was the vehicle for a pump-and-dump manipulation scheme built on fabricated Gilead Sciences acquisition rumors, and that the Company's disclosures never warned of the realized manipulation risk before shares collapsed roughly 95% in a single session. NEW YORK, Sept.

NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd) (“Pheton” or the “Company”) (NASDAQ: ITOC).   Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against iTonic Holdings Ltd.

A securities class action alleges iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd) warned only in generic terms about microcap volatility while omitting the specific, realized risk of a coordinated manipulation scheme, and that iTonic shareholders lost roughly $30.35 per share when the stock collapsed A securities class action alleges iTonic Holdings Ltd (f/k/a Pheton Holdings Ltd) warned only in generic terms about microcap volatility while omitting the specific, realized risk of a coordinated manipulation scheme, and that iTonic shareholders lost roughly $30.35 per share when the stock collapsed