Singularity Future Technology settles former director Levy's legal fee lawsuit for $150,000

Singularity Future Technology Ltd.

Settlement resolves Levy v. Singularity Future Technology Ltd. pending in E.D.N.Y. since Jan 2024.
Company paid $150,000 to Blank Rome LLP for Levy's legal fees related to board service and class action defense.
Levy will dismiss the lawsuit with prejudice within three business days of payment.
Mutual release of all claims except those arising from breach of the settlement agreement.
Financial impact to be disclosed in Form 10-Q for quarter ended March 31, 2025.

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