Global Entertainment Holdings Announces New Video Interview Featuring PyX Wallets CEO Ryan Contardi Following Finalized Business Combination

Interview Highlights Next-Generation Smart Wallet Technology, Crypto Security Integration, and PyX Wallets' Vision for Driving GBHL's Future Growth

LAS VEGAS, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Global Entertainment Holdings, Inc. (OTC: GBHL) (“GBHL” or the “Company”) today announced the release of a video interview featuring Ryan Contardi, Chief Executive Officer of PyX Wallets, following the recently closed agreement between Global Entertainment Holdings and PyX Wallets, the first transaction undertaken since GBHL's court-supervised restoration and return to good standing.

In the interview, Contardi discusses PyX Wallets' mission to modernize one of the world's most widely used everyday products through intelligent security and connected technology. The conversation provides investors and stakeholders with an in-depth look at the company's flagship products, the PyX Core and PyX Vault, and the strategic rationale behind the recent business combination with GBHL.

Link to full interview: https://youtu.be/LodvcSqKJsw

"Technology has changed almost everything we do today, but the traditional wallet has largely been left behind," said Ryan Contardi, Chief Executive Officer of PyX Wallets. "At PYX, we see an opportunity to redefine that experience by bringing together premium design, biometric security, app-based controls, GPS tracking, RFID protection, and, with our Vault product, offline cryptocurrency storage. Our goal is to create a smarter, more secure solution for today's consumer."

The interview outlines PyX Wallets' direct-to-consumer business strategy and showcases the company's patented wallet technology platform. The PyX Core is designed as a premium smart wallet featuring fingerprint authentication, a motorized card access mechanism, GPS tracking, RFID protection, and mobile and desktop connectivity. The PyX Vault builds upon those capabilities by incorporating cold-storage cryptocurrency protection, giving users a way to safeguard both physical and digital assets in a single device.

Contardi also highlighted the significant market opportunity available to the company, noting the success of established wallet and digital asset security providers as evidence of strong consumer demand for both premium wallet products and crypto security solutions.

"We're entering markets where consumer demand is already well established," Contardi said during the interview. "What makes PyX unique is our ability to combine those opportunities into a premium technology-driven product ecosystem that offers consumers something entirely new."

The discussion further addresses why PyX Wallets selected Global Entertainment Holdings as its public company partner. According to Contardi, the business combination is expected to provide access to capital markets and additional strategic resources as the company advances product development, prototype testing, certifications, manufacturing readiness, and eventual commercial launch.

"For us, this opportunity is about more than simply becoming a public company," Contardi stated. "It's about building the business, executing on our vision, and creating the resources necessary to move from development into commercialization."

As part of the interview, Contardi outlined several key milestones for the coming year, including completion of functional prototypes for both wallet models, advancement of accompanying mobile and desktop software applications, regulatory and security certifications, and progress toward bringing the products to market.

"Our focus is to finish 2026 in a strong position and move into prototype development in early 2027," Contardi added. "If we're having this conversation a year from now, my goal is for us to be discussing products that are actively in the market and gaining traction with consumers."

About PyX Wallets

PyX Wallets Inc. is a Delaware corporation developing titanium smart wallets that combine fingerprint access, physical card protection and connected app controls. PyX Core is designed for everyday card security. PyX Vault combines Core's connected security features with a hardware crypto wallet, keeping private keys offline and providing on-device transaction review and approval. For more information, visit www.PyXwallets.com.

About Global Entertainment Holdings, Inc.

Global Entertainment Holdings, Inc. is a Nevada corporation quoted on OTC Markets under the symbol “GBHL.” Following a court-supervised custodianship, the Company is pursuing a strategic transaction to establish new operations.

Investor Contact
Info@PyXwallets.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding the proposed change of control under the letter of intent, the execution of definitive agreements, the transfer of voting and board control, PyX vending its business into the Company, the discharge of the custodianship, financing plans, reporting status, the completion of audited financial statements and the filing of a registration statement, and the development, features and launch of PyX’s products. Forward-looking statements can be identified by words such as “would,” “intends,” “contemplates,” “anticipates,” “plans,” “expects” and similar expressions.

These statements are based on current expectations and are subject to significant risks and uncertainties, including: that the letter of intent may be terminated under its terms, including if definitive agreements are not executed within 30 days, with certain obligations surviving; that definitive agreements may not be executed or the change of control may not be completed; that the Court may not enter a final order discharging the custodianship when expected or at all; that the required audit and registration statement may not be completed within the contemplated time frame or at all; that PyX’s products are in development and may not be completed, manufactured or launched on the expected timeline, at the expected cost or at all, and that their final design and features may change; that PyX’s products may not achieve market acceptance; that PyX may face competition from established wallet and hardware crypto-wallet makers; that the digital-asset features of PYX’s products may be affected by evolving laws and regulations; that additional funding may not be available on acceptable terms or at all; that securities remain subject to applicable former-shell-company resale restrictions under Rule 144(i); and that existing indebtedness and future financing may substantially dilute common stockholders. The super-voting preferred stock would concentrate voting control in PyX even if PyX’s common equity ownership is diluted.

The safe harbor for forward-looking statements provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 is not available to the Company. The Company undertakes no obligation to update any forward-looking statement except as required by law.

This press release is for informational purposes only. It does not constitute an offer to sell or the solicitation of an offer to buy any security, and there shall be no sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offering of securities will be made only in accordance with applicable law and, where applicable, pursuant to an effective registration statement or qualified offering statement and the delivery of a prospectus or offering circular.

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/6620c433-84a1-411b-9109-80f0b778ace4

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/9b6ca2cb-7bf2-4cec-ab11-0b0381ca8396