NewzIntel.com

Category: Artificial Intelligence

  • MIL-OSI: KANZHUN LIMITED Announces Pricing of Share Offer

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 30, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced the pricing of its share offer (the “Share Offer”) of an aggregate of 34,500,000 Class A ordinary shares of the Company, including 4,500,000 Class A ordinary shares offered pursuant to the Company’s full exercise of the offer size adjustment option. The Share Offer is comprised of a Hong Kong public offering (the “Hong Kong Public Offering”), and an international offering (the “International Offering”).

    The final offer price for both the Hong Kong Public Offering and the International Offering (the “Offer Price”) has been set as HK$66.00 per share. Based on the ratio of two Class A ordinary shares per Nasdaq-listed American depositary share (“ADS”) and an exchange rate of HK$7.8499 to US$1.00, the Offer Price translates to approximately US$16.82 per ADS. The final offer price has been set by the Company out of sincerity, and the Company would like to express gratitude to its investors for their participation in the share offer.

    Subject to approval from the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), the Class A ordinary shares of the Company are expected to begin dealing on the Main Board of the Hong Kong Stock Exchange on Friday, July 4, 2025. The Share Offer is expected to close on the same day, subject to customary closing conditions.

    Based on the Offer Price, the net proceeds from the Share Offer (after full exercise of the offer size adjustment option) is estimated to be approximately HK$2,199.9 million (US$280.3 million), after deducting estimated underwriting fees and other expenses payable, based on an exchange rate of HK$7.8499 to US$1.00. The Share Offer is intended to further enhance the Company’s financial flexibility, broaden its shareholder base, improve stock liquidity, and support its healthy and sustainable development. The net proceeds from the Share Offer will be used in investment in technology and related infrastructure, the development of new business initiatives, strategic acquisitions or investment opportunities and for working capital and general corporate purposes.

    Goldman Sachs (Asia) L.L.C. and Morgan Stanley Asia Limited (in alphabetical order) act as the overall coordinators for the Share Offer. Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited (in alphabetical order) and Huatai Financial Holdings (Hong Kong) Limited act as the joint global coordinators for the Share Offer. Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited (in alphabetical order), Huatai Financial Holdings (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited and Tiger Brokers (HK) Global Limited act as joint bookrunners and joint lead managers for the Share Offer.

    The International Offering is being made only by means of a preliminary prospectus supplement dated June 24, 2025 and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2022, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement are available at the SEC website at: http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attention: Prospectus Department, Telephone: 1 (866) 471-2526, Email:  Prospectus-ny@ny.email.gs.com; or Morgan Stanley Asia Limited, c/o Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, Telephone: 1 (866) 718-1649, Email: prospectus@morganstanley.com. 

    This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the Share Offer, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by the Hong Kong Stock Exchange or the Securities and Futures Commission of Hong Kong.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    About KANZHUN LIMITED

    KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

    For more information, please visit https://ir.zhipin.com.

    For investor and media inquiries, please contact:

    KANZHUN LIMITED
    Investor Relations
    Email: ir@kanzhun.com

    In China：

    PIACENTE FINANCIAL COMMUNICATIONS
    Helen Wu
    Tel: +86-10-6508-0677
    Email: kanzhun@tpg-ir.com

    In the United States:

    PIACENTE FINANCIAL COMMUNICATIONS
    Brandi Piacente
    Phone: +1-212-481-2050
    Email: kanzhun@tpg-ir.com

    The MIL Network –

  • MIL-OSI: WISeKey Shareholders Approved All Agenda Items of the 2025 Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    WISeKey Shareholders Approved All Agenda Items of the 2025 Annual General Meeting

    Geneva, Switzerland, June 30, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its shareholders approved all items on the agenda of WISeKey’s 2025 Annual General Meeting held on June 27, 2025.

    Shareholders of WISeKey approved all proposals submitted by the Board of Directors, including the following:

    • The Annual Report 2024, including the audited consolidated and statutory financial statements;
    • Discharge of the Board and Executive Management for their activities during the financial year ended December 31, 2024;
    • An increase in the capital band, amending Article 4a of the Articles of Association to raise the upper limit from CHF 585,875.16 to CHF 636,095.10; Increase of the conditional share capital for:
      • Convertible and similar financial instruments (Article 4b letter a of the Articles of Association) from CHF 31,917.40 (319,174 Class B Shares) to CHF 168,031.70 (1,680,317 Class B Shares), and
      • Share-based compensation plans (Article 4b letter b of the Articles of Association) from 176,430 Class B Shares to 400,000 Class B Shares.

    Shareholders also confirmed the re-election of all eight current members of the Board of Directors, including Mr. Carlos Moreira as Chairman, for a one-year term ending at the conclusion of the 2026 AGM. Additionally, the AGM approved the re-election of the members of the Nomination and Compensation Committee, the Company’s statutory auditor BDO SA, and Anwaltskanzlei Keller AG as independent proxy.

    Carlos Moreira, Chairman of the Board of Directors, stated, “On behalf of the WISeKey management team, I would like to thank our valued shareholders for their continued support and the confidence. I would also like to thank our Board of Directors for their dedication as we work together towards building a stronger company and better company for all our stakeholders.”

    Financial Calendar:
    The 2025 Interim Report will be published by September 30, 2025.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com     		 WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com 

    The MIL Network –

  • MIL-OSI: YXT.com Announces Changes in Board of Directors and Management

    Source: GlobeNewswire (MIL-OSI)

    SUZHOU, China, June 30, 2025 (GLOBE NEWSWIRE) — YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a provider of AI-enabled enterprise productivity solutions, today announced that Mr. Pun Leung Liu has notified the board of directors of the Company (the “Board”) of his decision to resign from his position as a Director and Chief Financial Officer (“CFO”) of the Company, effective June 30, 2025, due to personal reasons.

    Mr. Liu’s resignation did not result from any disagreement or dispute with the Company, the Board, or the Company’s management regarding any matter relating to the Company’s operations, policies, or practices.

    Following Mr. Liu’s resignation, the Board has appointed Mr. Yazhou Wu, the Company’s Chief Operating Officer and Chief Technology Officer, as the new Director. The Board has also appointed Mr. Shen Cao, the current Vice President of Investment Relations, as the new CFO.

    Mr. Shen Cao joined the Company in May 2025 as Vice President of Investment Relations. Prior to joining YXT.com, Mr. Cao served as the Deputy Chairman of the Board in Topsperity Securities Asset Management Co., Ltd. from June 2023 to April 2025. Mr. Cao holds a Bachelor’s and Master’s degree in Civil Engineering from Tsinghua University.

    About YXT.com
    YXT.com (NASDAQ: YXT) is a technology company focusing on enterprise productivity solutions. With a mission to “Empower people and organization development through technology,” The Company strives to become the supreme provider in building and boosting enterprise productivity by combining over a decade of experience in tech-enabled talent learning and development and with AI-augmented task copilots and unleashing the power of knowledge and synergy. Since its inception, YXT.com has supported and received recognition from numerous Global and China Fortune 500 companies.

    YXT.com operates its business in China through “Jiangsu Radnova Intelligence Technology Co., Ltd.,” formerly known as “Jiangsu Yunxuetang Network Technology Co., Ltd.”. YXT.com has established an entity in Singapore to serve as a headquarter for its overseas business to be conducted in the future, with the “Radnova” trademark to serve international markets.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Contact
    Robin Yang
    ICR, LLC
    YXT.IR@icrinc.com
    +1 (646) 405-4883

    The MIL Network –

  • MIL-OSI: YXT.com Announces Changes in Board of Directors and Management

    Source: GlobeNewswire (MIL-OSI)

    SUZHOU, China, June 30, 2025 (GLOBE NEWSWIRE) — YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a provider of AI-enabled enterprise productivity solutions, today announced that Mr. Pun Leung Liu has notified the board of directors of the Company (the “Board”) of his decision to resign from his position as a Director and Chief Financial Officer (“CFO”) of the Company, effective June 30, 2025, due to personal reasons.

    Mr. Liu’s resignation did not result from any disagreement or dispute with the Company, the Board, or the Company’s management regarding any matter relating to the Company’s operations, policies, or practices.

    Following Mr. Liu’s resignation, the Board has appointed Mr. Yazhou Wu, the Company’s Chief Operating Officer and Chief Technology Officer, as the new Director. The Board has also appointed Mr. Shen Cao, the current Vice President of Investment Relations, as the new CFO.

    Mr. Shen Cao joined the Company in May 2025 as Vice President of Investment Relations. Prior to joining YXT.com, Mr. Cao served as the Deputy Chairman of the Board in Topsperity Securities Asset Management Co., Ltd. from June 2023 to April 2025. Mr. Cao holds a Bachelor’s and Master’s degree in Civil Engineering from Tsinghua University.

    About YXT.com
    YXT.com (NASDAQ: YXT) is a technology company focusing on enterprise productivity solutions. With a mission to “Empower people and organization development through technology,” The Company strives to become the supreme provider in building and boosting enterprise productivity by combining over a decade of experience in tech-enabled talent learning and development and with AI-augmented task copilots and unleashing the power of knowledge and synergy. Since its inception, YXT.com has supported and received recognition from numerous Global and China Fortune 500 companies.

    YXT.com operates its business in China through “Jiangsu Radnova Intelligence Technology Co., Ltd.,” formerly known as “Jiangsu Yunxuetang Network Technology Co., Ltd.”. YXT.com has established an entity in Singapore to serve as a headquarter for its overseas business to be conducted in the future, with the “Radnova” trademark to serve international markets.

    Safe Harbor Statement
    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

    Contact
    Robin Yang
    ICR, LLC
    YXT.IR@icrinc.com
    +1 (646) 405-4883

    The MIL Network –

  • MIL-OSI: NextNRG Signs LOI to Acquire ReFuel Mobile, Preparing for International Expansion with Canadian Mobile Fueling Leader

    Source: GlobeNewswire (MIL-OSI)

    Acquisition adds profitable, high-growth platform serving Ontario’s commercial and industrial sectors while expanding NextNRG’s mobile fueling operations into Canada

    ReFuel Mobile ranked #36 on Globe and Mail’s fastest-growing companies with 1,166% three-year revenue growth

    MIAMI, June 30, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced it has signed a letter of intent to acquire ReFuel Mobile (“ReFuel”) (2583231 Ontario Inc.), a leading Canadian mobile fueling company.

    This acquisition marks NextNRG’s entry into international markets through the addition of an established, profitable operation in Canada’s largest province. ReFuel, founded in 2016 and based in Ontario, Canada, specializes in direct-to-vehicle and direct-to-equipment fuel delivery, serving commercial and industrial clients across transportation, construction, logistics, telecom, municipalities, dealerships, and industrial fleet sectors.

    ReFuel has demonstrated an exceptional growth trajectory, ranking #36 on the Globe and Mail’s list of Canada’s fastest-growing companies with a remarkable 1,166% three-year revenue growth. The company is currently profitable, showcasing the strength of its monthly recurring business model and contract-based operations with minimal customer churn.

    Under the terms of the non-binding letter of intent, NextNRG will acquire 100% of ReFuel’s stock payable in cash or NextNRG restricted common stock at NextNRG’s discretion. The transaction includes retention of all current employees and management during a transitional period. Closing is expected by August 1, 2025, subject to completion of due diligence, audited financial statements, and execution of a definitive agreement.

    “This strategic acquisition marks an important milestone as we extend NextNRG’s mobile fueling leadership into international markets,” said Michael D. Farkas, Founder and CEO of NextNRG. “ReFuel’s proven track record of profitable growth, exceptional customer retention, and established market presence in Ontario positions us to capitalize on expanding opportunities across Canada. Their technology-driven approach and operational excellence align perfectly with our strategy of scaling AI-optimized energy solutions globally. The combination of this strategic addition with our accelerating organic growth gives us confidence that forward 12-month revenues of $100 million should be achievable.”

    The acquisition builds on NextNRG’s recent domestic expansion across six U.S. states with its fleet of 144 active fuel delivery trucks, and follows the company’s strategic partnership with Hudson Sustainable Group and inclusion in the Russell 2000® and Russell 3000® indexes. ReFuel’s proprietary AWS-hosted software platform for operations and customer scheduling will integrate with NextNRG’s existing technology infrastructure to enhance service delivery and operational efficiency.

    ReFuel currently serves the Greater Toronto Area (GTA), Hamilton, Oakville, London, and Kitchener markets with plans to expand into additional Ontario regions including Ottawa and Kingston, as well as Quebec markets including Montreal. The company holds TSSA certification and maintains full compliance with federal and provincial fuel handling and safety regulations. Refuel’s customers include: Napa Auto Parts, Autos Canada, Magil Construction, and Fanshawe College.

    “We’re excited to join the NextNRG family and leverage their resources and technology to accelerate our expansion plans,” said Ashraf Ghadban, Co-Founder and CEO of ReFuel Mobile, who plans to stay on and assist with the transition. “This transaction will enable Refuel to enhance its service offerings, expand its geographic reach, and continue delivering exceptional value to its growing customer base across Canada.”

    The acquisition is expected to immediately contribute to NextNRG’s recurring revenue base while providing a strategic platform for further expansion across Canada and potential entry into additional international markets. ReFuel’s focus on innovation includes plans to expand into biofuels and bulk DEF solutions, aligning with NextNRG’s commitment to advancing sustainable energy adoption.

    NextNRG has demonstrated strong momentum, with preliminary May 2025 revenue of $6.6 million representing 148% year-over-year growth and marking the company’s fifth consecutive record month. Year-to-date revenue through May reached approximately $28.89 million, already surpassing full-year 2024 revenue of approximately $27 million. The addition of ReFuel’s established Canadian operations is expected to further strengthen NextNRG’s position as a leader in the on-demand fueling industry while supporting the company’s long-term strategy of building integrated energy ecosystems globally.

    About ReFuel Mobile

    Founded in 2016 with the mission to simplify and modernize on-demand fuel delivery, ReFuel Mobile serves commercial and industrial clients across Ontario, Canada. The company specializes in direct-to-vehicle and direct-to-equipment fuel delivery, offering convenient, cost-effective, and reliable solutions to businesses across dealerships, transportation, logistics, construction, telecom, and energy sectors. With a focus on innovation, ReFuel Mobile is modernizing traditional fueling through a mobile-first, efficient model backed by strong operational execution and proprietary technology. The company was ranked #36 on the Globe and Mail’s list of Canada’s fastest-growing companies with 1,166% three-year revenue growth.

    About NextNRG, Inc.

    NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

    At the core of NextNRG’s strategy is its Next Utility Operating System®, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible; and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives.

    NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

    To find out more visit: www.nextnrg.com

    Forward-Looking Statements

    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

    Investor Relations Contact:

    NextNRG, Inc.
    Sharon Cohen
    SCohen@nextnrg.com

    The MIL Network –

  • MIL-OSI: Chang Robotics Fund Deploys First Round of Capital

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., June 30, 2025 (GLOBE NEWSWIRE) — The Chang Robotics Fund, a venture capital firm founded by Matthew Chang and a team of seasoned experts in automation, manufacturing, and finance, is thrilled to announce its initial capital deployment. With a mission to reinvigorate American manufacturing and automation, the Fund is now fully operational and actively investing in U.S.-based innovations.

    The Fund’s inaugural cohort, The First Five, includes Kodiak Technologies, Curabotics, Green Corridors, GO-Eco, and OXOS Medical. Each company represents a significant step forward in transforming America’s construction, healthcare, and sustainability endeavors.

    While the Fund ultimately aims to raise $50 million to invest in at least 15 visionary companies, this initial deployment of capital provides the necessary momentum to begin making impactful investments. The window remains open for additional accredited investors to join and participate in this groundbreaking journey.

    “The First Five are more than just portfolio companies— they represent the ‘tip of the iceberg’ for the very best innovations for 2025. We’re investing in a future where American-made once again means world-class,” said Matthew Chang, Founder and General Partner.

    The First Five Deployments

    Kodiak Technologies is at the forefront of innovation, having developed the world’s most powerful electric snow removal vehicle, which also serves as a mobile power plant to support airports. These next-generation electric vehicles combine unmatched durability, high performance, and cutting-edge technology to deliver powerful snow removal while reducing environmental impact.

    Curabotics is a robotics, automation, and engineering company dedicated to designing solutions that enhance hospital operational efficiency and alleviate the burden on medical professionals. Their most recent deployment of Nurse-Assist bots in a top hospital alleviated 15% of the average nurse’s daily workload spent on non-clinical tasks.

    Green Corridors – Recently featured in The Wall Street Journal – is a high-speed, autonomous freight system that reroutes cargo off congested roads onto elevated guideways, combining robotic automation with national security-grade scanning to deliver faster, cleaner, and more secure logistics.

    GO-Eco is a sustainable materials startup founded through a collaboration between Chang Robotics and Northwestern University. The company focuses on replacing harmful “forever chemicals” like PFAS (per- and polyfluoroalkyl substances) in food packaging with a compostable, graphene oxide-based coating.

    OXOS Medical is a medical technology company, specializing in portable, AI-enhanced X-ray imaging systems designed to bring radiographic diagnostics directly to the point of care. OXOS aims to enable faster decisions, reduce radiation exposure, and improve care where it matters most.

    This is Only the Beginning

    This first capital deployment is only the beginning. It is not too late for accredited investors to take advantage of this opportunity. The Fund remains open to new capital, and the mission to reshape American industry is still unfolding.

    About the Chang Robotics Fund

    The Chang Robotics Fund is America’s premier manufacturing-tech investment company, investing in seed to early-growth stage robotics, automation, energy, and industrial AI. Founded by engineering leader Matthew Chang, PE, and backed by a top-tier technical team, the Fund brings a builder’s mindset to early-stage investing, backing companies that are reshaping American industry. With extensive experience in factory automation, smart infrastructure, and sustainability, the Fund offers more than just funding: it provides hands-on engineering and operational support to help founders move from prototype to production.

    To learn more, visit www.cr.fund or follow us on LinkedIn @Chang Robotics Fund.

    Disclaimer: This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. Investment activities in the Chang Robotics Fund’s portfolio companies mentioned herein involve risk and are intended to be made in compliance with applicable law. Potential investors should seek independent legal, tax, and financial advice before making any investment decisions.

    Media contact
    Laine Smith
    media@changrobotics.ai

    The MIL Network –

  • MIL-OSI Africa: African Development Bank, Asian Infrastructure Investment Bank (AIIB) sign Memorandum of Understanding (MOU) renewing their collaboration on sustainable economic development for Africa

    Source: Africa Press Organisation – English (2) – Report:

    The African Development Bank (www.AfDB.org) and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement strengthening their collaboration on sustainable economic development, designed to boost infrastructure development and economic opportunities across the African continent.  

    The Memorandum of Understanding, which builds on an earlier one in 2018, was signed by African Development Bank president, Dr. Akinwumi Adesina, and AIIB President and Chair of the Board of Directors Jin Liqun on Saturday 28 June. The signing took place on the sidelines of a meeting of Heads of Multilateral Development Banks held in Paris, France, the same day. 

    The agreement outlines continued collaboration from both parties in six priority areas, aligned with the Bank Group’s Ten-Year Strategy 2024–2033 as well as AIIB’s Corporate Strategy and its Strategy on Financing Operations in Non-Regional Members. The areas are:  

    (i) Green infrastructure 

    (ii) Industrialization 

    (iii) Private capital mobilization including Public – Private Partnerships 

    (iv) Cross-border-connectivity 

    (v) Digitalization; and  

    (vi) Policy-based financing 

    The MOU will promote among other things, co-financing, co-guaranteeing and other forms of joint participation in financial assistance for development projects primarily in sustainable infrastructure. The African Development Bank and AIIB’s existing cooperation in this area, includes providing guarantees to support the issuance of Egypt’s first Sustainable Panda Bond in 2023, valued at RMB 3.5 billion.  

    This historic issuance—backed by guarantees from both AfDB and AIIB—marked the first African sovereign bond placed in the Chinese interbank bond market. The guarantees provided by the two triple-A-rated multilateral banks were instrumental in de-risking the transaction, enabling Egypt to secure competitive terms and attract investor confidence. 

    “This partnership continues to be an effective pathway to provide economic development for our member countries, especially in infrastructure. By reaffirming today, we are boosting energy access by accelerating Mission 300 which is targeting to connect 300 million people to electricity by 2030,” Dr Adesina said. 

    Mr. Jin Liqun remarked: “The renewal of our partnership with the African Development Bank reflects AIIB’s commitment to supporting sustainable development beyond Asia. Through this collaboration, we can leverage our combined expertise to deliver transformative projects that will benefit millions across the continent and create prosperity through quality infrastructure investment.” 

    – on behalf of African Development Bank Group (AfDB).

    Contact: 
    Amba Mpoke-Bigg
    Communication and External Relations Department
    email: media@afdb.org

    About the Asian Infrastructure Investment Bank (AIIB): 
    The Asian Infrastructure Investment Bank is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. Headquartered in Beijing, we commenced operations in January 2016 and have now grown to 84 approved members from around the world. By investing in sustainable infrastructure and other productive sectors today, we will better connect people, services and markets that over time will impact the lives of billions and build a better future. 

    About the African Development Bank Group: 
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states.

    For more information: www.AfDB.org

    Media files

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    MIL OSI Africa –

  • MIL-OSI Africa: Advancing agrifood systems transformation through effective digital technologies in Zimbabwe

    Source: Africa Press Organisation – English (2) – Report:

    The Food and Agriculture Organization of the United Nations (FAO) is advancing agrifood systems through integration of effective digital technologies in Zimbabwe. Through the Fostering Digital Villages Initiative (FDiVi), FAO hosted a Digital Fair in the Masvingo province.

    The digital fair brought together digital service providers, farmers, agri-entrepreneurs, and other stakeholders, creating a dynamic platform for knowledge exchange and real-time onboarding to digital agriculture solutions. The digital fair is part of the broader Fostering Digital Villages through innovative advisory and profitable market services project, which aims to transform agrifood systems in rural Malawi, Rwanda, and Zimbabwe using effective digital technologies, including artificial intelligence.

    “This project facilitates delivery of innovative agricultural extension services for increased productivity, enhanced market access, and advance inclusive rural transformation. It will also support local farmers, extension officers, agro-dealers, and processors, particularly the youth and women,” said Patrice Talla, FAO Subregional Coordinator for Southern Africa and Representative to Zimbabwe.

    The digital fair held in the Bikita district is part of a series of the ongoing campaign by FAO targeting digital service providers, rural farmers, agri-entrepreneurs and other stakeholders to interact and integrate digital technologies in agriculture. The digital fair sparked renewed enthusiasm for digital transformation in agriculture among local communities.

    Speaking during the digital fair, Bernard Hadzirambwi, the District Development Coordinator, praised the initiative and encouraged farmers to adopt digital technologies to enhance productivity and resilience. “Rural innovation thrives when communities connect and interact with digital technology,” said Hadzirambwi.

    “During the digital fair, our farmers explored AI-powered advisory tools, mobile market platforms, and digital extension services. I am truly encouraged by how quickly the community is embracing these innovations. Digital technologies are not just tools, they are enablers of climate-smart agriculture and inclusive rural development in our district,” said Nobert Chiduza, District Agricultural Extension Officer in the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development.

    The FDiVi is one of FAO’s corporate initiatives and flagship programmes. It is an integrated development vision that enshrines digitalization at the core of rural transformation and prosperity, addressing on-farm and off-farm socio-economic elements.

    The project is being implemented in the Mhondoro-Ngezi and Bikita districts where digital hubs will be equipped with digital tools and services including free internet, computers and digital literacy training materials.

    The project supports local farmers, extension officers, agro-dealers, and processors through facilitating access to innovative agricultural extension services, improving market access, and promoting inclusive rural transformation.

    “Before the digital fair, I didn’t know how much technology could change the way I farm. Now, I’ve learned about AI tools that help me plan better, and I can connect directly with buyers through my phone. As a young farmer, this gives me confidence in exploring new opportunities posed through digital technologies,” said Sheunesu Njeke, a 26-year-old farmer after the digital fair.  

    Going forward, FAO will integrate Digital Fairs in the annual District and Ward level Agriculture Shows. The project will continue to support digital innovators and entrepreneurs in breaking into the rural market and will also support farmers and other rural stakeholders to safely onboard onto digital platforms and services.

    – on behalf of Food and Agriculture Organization of the United Nations (FAO): Regional Office for Africa.

    Media files

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    MIL OSI Africa –

  • MIL-OSI: Lightchain AI Raises $21 Million and Enters Bonus Round Ahead of July 2025 Mainnet Launch

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, June 30, 2025 (GLOBE NEWSWIRE) — Lightchain AI, a pioneering AI-native blockchain platform, has officially concluded its 15-stage presale by raising over $21 million, a significant milestone that signals growing investor confidence in the project’s decentralized AI infrastructure. Following this achievement, the team has launched a limited-time Bonus Round, offering one final opportunity for early supporters to participate ahead of its mainnet launch scheduled for July 2025.

    Lightchain AI is building a scalable and developer-friendly infrastructure purpose-built to support the next generation of AI applications in a decentralized environment. With its native virtual machine, intelligent consensus mechanism, and high-performance validator network, Lightchain AI aims to solve the inefficiencies of traditional networks when handling complex computational tasks tied to artificial intelligence.

    Purpose-Built Blockchain for AI

    Unlike general-purpose blockchains, Lightchain AI has been engineered specifically for AI workloads. Its architecture supports distributed AI computations across validator and contributor nodes, with a novel Proof-of-Contribution consensus model that rewards meaningful computational efforts.

    The platform’s Lightchain Virtual Machine (LVM) enables developers to execute AI-specific smart contracts and workflows, reducing latency and optimizing performance across decentralized applications. By prioritizing efficiency and utility, the protocol is unlocking new use cases in sectors such as predictive analytics, automated decision-making, data labeling, and on-chain inference.

    Transparent Allocation, Community-First Philosophy

    A key aspect of Lightchain AI’s success lies in its transparent and builder-first tokenomics strategy. Notably, the original 5% Team Allocation has been fully reallocated to support long-term ecosystem growth—including developer grants, infrastructure expansion, and validator incentives.

    “We believe the future of decentralized AI requires more than just capital—it needs a strong community of builders,” said a Lightchain AI spokesperson. “That’s why we’ve redirected team tokens into initiatives that directly empower developers and validators, ensuring the ecosystem thrives with or without centralized control.”

    Grant Program and Developer Support

    To accelerate ecosystem development, Lightchain AI has launched a $150,000 Developer Grant Program designed to fund promising projects building on its infrastructure. This initiative is complemented by the rollout of the Lightchain Developer Portal, which provides access to APIs, SDKs, and detailed documentation to simplify onboarding for both new and experienced developers.

    The platform is also preparing to open its public GitHub repositories, encouraging community collaboration, open-source contributions, and greater transparency ahead of its upcoming mainnet release.

    What’s Next

    As Lightchain AI enters the Bonus Round phase, the focus is now on scaling its validator community, finalizing its infrastructure audits, and expanding developer outreach in preparation for the mainnet launch in July 2025.

    Key upcoming milestones include:

    • Mainnet Launch: Targeted for July 2025
    • Bonus Round: Now live and open to qualified contributors
    • Public GitHub Release: Imminent for ecosystem collaboration
    • Validator Program Expansion: Ongoing recruitment and onboarding

    With over $21 million raised, a vibrant developer pipeline, and infrastructure optimized for decentralized AI, Lightchain AI is strategically positioned to become a foundational layer for AI-native applications in Web3.

    Learn More and Join the Ecosystem

    Website: https://lightchain.ai
    Lightpaper: https://lightchain.ai/lightchain-whitepaper.pdf
    Twitter/X: https://x.com/LightchainAI
    Telegram: https://t.me/LightchainProtocol

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/09c9a475-b43e-48d7-a49e-12422bdcd3ba

    The MIL Network –

  • MIL-OSI: Heliene Closes 45X Investment Tax Credit Transfer, in Partnership with U.S. Bank

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN IRON, Minn. and MINNEAPOLIS, June 30, 2025 (GLOBE NEWSWIRE) — Heliene Inc., a customer-first provider of North American-made solar PV modules, today announced the sale of the 2025 Section 45X Advanced Manufacturing Production Tax Credit (45X credits). The transaction has been possible thanks to the environmental finance leadership of Minneapolis-based U.S. Bank.

    Heliene claimed eligibility for these 2025 tax credits under the guidelines of the Inflation Reduction Act’s Section 45X. Heliene manufactures high-quality, U.S.-made solar modules that feature a high volume of domestically-sourced components at two Minnesota facilities: one in Mountain Iron, MN and a second in Rogers, MN that came online in spring 2025. Across these two facilities, Heliene’s annual U.S.-based domestic solar module manufacturing capacity is 1.3GW, employing more than 500 Minnesotans in well-paying clean energy careers.

    U.S. Bank – through its subsidiary U.S. Bancorp Impact Finance – is one of the most active renewable energy investors and among the largest tax credit syndicators in the country. Through 45X tax credit syndications, it supports domestic production and investment in renewable energy technologies while providing investors predictable streams of tax benefits with customized tax credit portfolios aligned to environmental goals.

    This transaction marks the second tax credit transfer sale completed by Heliene in the past year. In September 2024, the Company sold an estimated $50M in 2023 and 2024 45X tax credits in one of the first deals of this kind for the solar manufacturing industry. The sale of 2025 credits affirms Heliene’s position as a leading domestic solar manufacturer and underscores continued demand for U.S. clean energy manufacturing. This transaction also represents Heliene and U.S. Bank’s shared commitment to driving job growth and economic development in the state of Minnesota.

    “We’re very proud to have worked with U.S. Bank on our second 45X tax credit transfer deal. Their position as a leading national brand and their commitment to furthering economic development across Minnesota made them an ideal partner for this transaction,” said Martin Pochtaruk, CEO of Heliene, Inc. “In monetising these additional tax credits, we can maintain our commitment to building a stronger, domestic solar supply chain and grow our Minnesota workforce to meet the target of American energy dominance.”

    “We are excited to leverage our custom financing solutions to help Heliene expand, create quality manufacturing jobs in U.S. Bank’s home state of Minnesota and support clean energy access,” said Adam Altenhofen, Impact Finance senior vice president of environmental finance production. “By incentivizing domestic production and investment in renewable energy, the 45X tax credit is already playing an important role in bolstering U.S. jobs and fostering economic growth.”

    This transaction follows the grand opening of Heliene’s Rogers, MN solar manufacturing facility in late May 2025. With an expanded U.S. footprint and funds from the sale of 2025 tax credits, the Company will continue its commitment to strengthen U.S. energy independence through domestic manufacturing and job creation. The Company also received a $2.9M contribution from the Minnesota Department of Employment and Economic Development (DEED) to support job creation for its new facility.

    About Heliene

    Heliene is a North American manufacturer of high-quality solar modules with a commitment to U.S. job creation and domestic content. They produce modules for residential, commercial, and utility-scale projects in their U.S. facilities, meeting customers’ requirements for incentives under the IRA’s Domestic Content Bonus. Heliene offers high-performance modules with competitive pricing and responsive support, making them a reliable partner for any solar project.

    Heliene operates two U.S.-based solar module manufacturing facilities with a combined annual module output capacity of 1.3GW. It employs more than 600 full and part-time solar industry professionals across its two manufacturing facilities and its Sault Ste. Marie, Ontario corporate office. For more information, please visit www.heliene.com.

    Media inquiries:
    FischTank PR
    heliene@fischtankpr.com  

    The MIL Network –

  • MIL-OSI: Payday Loans in Florida with No Credit Check & Instant Approval for Bad Credit – New Launch by Now Personal Loan

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) —

    Now Personal Loan, a pioneer in the fast and flexible payday lending industry, is delighted to announce its official entry into Florida. With its expansion, Florida residents can now enjoy payday loans Florida with instant approval, guaranteed approval, and a streamlined, secure online loan process. Now Personal Loan is introducing its groundbreaking fintech platform to the Sunshine State with a vision to empower borrowers in meeting unanticipated expenses.

    Whether it is rent, utility charges, or unexpected repairs, Floridians can count on Now Personal Loan for instant and easy assistance, including payday loans Florida no credit check and direct access to a payday loan Florida direct lender. The move is in keeping with the company’s goal of providing transparent, ethical, and fast loan products at all income levels.

    Through the launch, Now Personal Loan will also initiate community outreach and financial education activities with a view of assisting Florida consumers in terms of borrowing alternatives and debt traps. The company mission further entails increasing financial inclusion in Florida’s underserved markets.

    <<< Get $500 Fast – No Credit Check Required, Apply In 1 Minute >>>

    Now Personal Loan Offers Fast Access to Payday Loans in Florida

    With Now Personal Loan now open for business in Florida, residents can look forward to a higher level of payday lending services. The key advantages are:

    • Instant approval for payday loans with little paperwork
    • Florida no credit check payday loan options for individuals with less-than-perfect credit histories
    • Immediate access to cash with our 100% internet-based procedure
    • Same day financing for approved borrowers
    • Payday loan Florida direct lender service – no agents, no delays
    • Clear terms and no hidden charges
    • 24/7 access on mobile and desktop
    • Secure encryption of personal and banking information
    • Personalized loan amounts to meet various needs

    While other payday lenders prioritize complexity, speed, and borrower exploitation, Now Personal Loan focuses on simplicity, quick disbursement, and borrower safeguarding. It’s payday lending for the digital-first generation. Floridians can now apply anywhere—no more waiting in long lines or suffering through tedious paperwork.

    About Now Personal Loan

    Now Personal Loan is an online lending platform committed to making short-term borrowing easier. Having established a strong market presence in multiple states, the company now provides payday loans in Florida that are convenient and flexible. The platform’s fair lending commitment involves:

    • Immediate loan application decisions
    • Clear terms with no hidden charges
    • Flexible loan amounts and repayment periods
    • Responsible borrowing tips and tools
    • Committed customer service and educational assistance
    • Multilingual support and ADA-compliant interfaces

    As a reputable payday loan Florida direct lender, Now Personal Loan empowers consumers based on income and stability instead of credit scores. The company harnesses data-driven technology to build greater access for underserved segments, such as gig workers, retirees, and part-time workers.

    <<< Bad Credit? No Problem – Apply Without Fear >>>

    How Now Personal Loan Provides Payday Loans in Florida with No Credit Check

    Traditional lenders tend to exclude low-credit applicants. Personal Loan is not like that anymore. Here’s why it includes more Floridians:

    • Does soft credit checks only, which won’t affect your score
    • Based on job and income for approval
    • No standard credit history is needed
    • Alternative forms of verifying income are accepted
    • Accelerated approval for freelance workers and gig economy employees
    • Recent pay stubs, bank statements, and tax returns can be considered
    • Non-citizen residents who have lawful U.S. work are included in the process

    Borrowers who have had money problems in the past are now able to get cash when they most need it, without worrying about being judged by outdated credit metrics. This enables more Floridians to manage emergencies, increase cash flow, or cover financial gaps responsibly.

    Borrowers Eligible for a Payday Loan from Now Personal Loan in Florida

    Today Personal Loan is dedicated to providing easy and affordable financial products to a wide variety of consumers. Unlike other lenders that have high credit score requirements, Today Personal Loan considers the larger picture—making it simpler for more Floridians to be approved. Here’s who qualifies:

    • Age Requirement: You must be 18 or older.
    • Residency: You need to be a legitimate Florida resident with a current U.S. address.
    • Income: Steady income is necessary from work, self-employment, Social Security, disability payments, pensions, or other documented sources.
    • Bank Account: A valid checking account in good standing to deposit funds and make payments.
    • Identification: A government-issued photo ID (like a driver’s license or state ID) is necessary for identification verification.
    • Employment or Alternative Income Verification: Gig workers, freelancers, and part-time workers are accepted. Recent pay stubs, tax statements, or bank statements can be utilized to verify income.
    • Contact Details: A functional email address and mobile phone number are needed for account updates and notifications.
    • Not Currently in Bankruptcy: Borrowers who are presently facing bankruptcy proceedings may not qualify.

    Now Personal Loan also provides extra flexibility for:

    • First-time borrowers who need to borrow small loan amounts
    • Repeat borrowers with good repayment history
    • Active military personnel or veterans with regular government pay
    • Retirees with pension or Social Security payments
    • Aliens with lawful work authorization and regular income

    This open-door policy allows even those with poor credit scores, unusual work arrangements, or previous financial difficulties to qualify. It’s credit made to fit today’s realities—rather than old credit principles.

     <<< Skip the Credit Score – Go with Income-Based Loans >>>

    Now Personal Loan Operates as a Direct Lender for Payday Loans in Florida

    Now Personal Loan is not an intermediary broker. It is a genuine direct lender, i.e.:

    • You transact directly with the lender throughout the loan lifecycle
    • Decisions are made internally for quick processing
    • Funds are credited directly from the source
    • Your personal information is kept confidential and secure
    • No additional charges from intermediaries
    • Complete accountability and customer service under one roof
    • Clear communication payment schedule given upfront

    By eliminating middlemen, Now Personal Loan increases trust and hastens approvals, lowers costs and hassles. Florida borrowers can trust they are dealing with a compliant, state-licensed lender that cares about their needs.

    Now Personal Loan Promises Instant Approval for Florida Applicants

    Need money in a pinch? Now Personal Loan provides instant approval options for Florida residents:

    • Application is less than five minutes
    • Pre-approval in seconds after applying
    • Money usually released the same day
    • Available on any device, 24/7
    • Transparent status updates and reminders
    • No faxing or hard paperwork involved
    • Perfect for urgent situations such as medical expenses, auto repairs, or pending rent

    Now Personal Loan is now your trusted financial ally in times of crisis, providing speed and transparency when you need it the most.

    <<< Fast. Safe. Approved. Try Now Personal Loan Today >>>

    Now Personal Loan Launches Guaranteed Approval Option for Eligible Borrowers

    To enable more individuals to qualify for funding, Now Personal Loan now offers guaranteed approval options for qualified Florida applicants. This entails:

    • Repeated borrowers with good payment history
    • Borrowers with stable employment and income
    • Individuals who qualify through auto-qualification
    • Active duty military personnel and retirees with pension income
    • Social Security or government benefit recipients
    • Address verified in Florida
    • Good standing bank account

    The aim is to offer regular access to credit without any kind of delay. With inclusiveness as the priority, Now Personal Loan keeps deserving borrowers from being left behind and can depend on assistance when required.

    Now Personal Loan Highlights Responsible Lending and Transparency in Florida

    Now Personal Loan promotes safe borrowing habits and transparency throughout Florida. Their framework comprises:

    • Transparent interest rates and fee structures
    • No bait-and-switch pricing or concealed provisions
    • Borrowing constraints that correlate with your earnings
    • Committed Florida-based support staff
    • Resources and articles to enhance financial literacy
    • On-time repayment incentivization through loyalty benefits
    • Freedom to repay and extension policies when necessary

    The organization strives to make every borrower make smart, confident financial decisions, and build a robust financial foundation. Borrowers are incentivized to borrow only what they can afford to repay.

    Now Personal Loan’s Easy Online Application Process for Florida Borrowers

    Now Personal Loan’s process is speedy and hassle-free:

    • Go to the website and initiate the application
    • Fill in simple details – name, income, employment
    • Upload a digital version of ID and income proof
    • Get an instant go-ahead or no-go decision
    • Get money credited to your account, usually within hours
    • Repay easily through the online dashboard

    No long lines, no complicated paperwork – just a convenient, contemporary lending process tailored for busy Floridians. Prospective applicants can even save their application and come back later, providing utmost convenience.

     <<< Need Cash Fast in Florida? Apply in Under 2 Minutes >>>

    Now Personal Loan to Lead Florida Payday Loan Industry with Smarter Approval Tech

    Now Personal Loan introduces fintech innovation to Florida’s payday lending industry. Here’s how:

    • Advanced AI and automation facilitate quicker decisions
    • Algorithms evaluate risk more accurately than conventional processes
    • Increased access for non-traditional borrowers
    • Live data analytics lower default rates
    • Efficient process from application to funding in less than an hour
    • Ongoing platform enhancements for better user experience
    • Secure cloud platform for secure transactions

    Now Personal Loan is revolutionizing payday lending with this technology—capturing speed, fairness, and flexibility. It’s the lending future brought to Florida’s doorstep.

    Final Words: Why Florida Residents Choose Now Personal Loan Over Traditional Payday Lenders

    Floridians are relying more and more on Now Personal Loan for a wiser, more understanding borrowing experience. Differing from the conventional payday lenders, the platform provides an efficient digital process, assured approval for qualified borrowers, and no credit check payday loans—all intended to provide people with the assistance they deserve without criticism or delay. Whether you’re a full-time worker, gig worker, or retiree, the platform accommodates your case with fairness, speed, and transparency.

    What really sets Now Personal Loan apart is its commitment to putting the borrower first. From instant funding and direct lender access to intuitive dashboards and best-in-class customer service, every element of the experience is designed to take stress out and put finances in order. The application of cutting-edge technology by the platform ensures quicker approvals while following strict security measures that protect user information. Coupled with its learning resources and welcoming underwriting, Now Personal Loan doesn’t simply provide loans—it provides a bridge to temporary financial assurance.

    In a market dominated by payday lenders, Now Personal Loan stands out from the pack by blending responsible lending, quick access, and customer-first mentality. It’s not only a loan company—it’s a respectful financial ally for Floridians dealing with life’s unexpected expenses. Whether you’re dealing with an emergency or just need a short-term infusion, Now Personal Loan is the name Florida can rely on.

    Media Details:
    Company: Now Personal Loan
    Full Company Address: Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown, Saint Kitts and Nevis
    Company Website: https://www.nowpersonalloan.com
    Official Email ID: support@NowPersonalLoan.com

    Attachment

    The MIL Network –

  • MIL-OSI: Payday Loans in Florida with No Credit Check & Instant Approval for Bad Credit – New Launch by Now Personal Loan

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) —

    Now Personal Loan, a pioneer in the fast and flexible payday lending industry, is delighted to announce its official entry into Florida. With its expansion, Florida residents can now enjoy payday loans Florida with instant approval, guaranteed approval, and a streamlined, secure online loan process. Now Personal Loan is introducing its groundbreaking fintech platform to the Sunshine State with a vision to empower borrowers in meeting unanticipated expenses.

    Whether it is rent, utility charges, or unexpected repairs, Floridians can count on Now Personal Loan for instant and easy assistance, including payday loans Florida no credit check and direct access to a payday loan Florida direct lender. The move is in keeping with the company’s goal of providing transparent, ethical, and fast loan products at all income levels.

    Through the launch, Now Personal Loan will also initiate community outreach and financial education activities with a view of assisting Florida consumers in terms of borrowing alternatives and debt traps. The company mission further entails increasing financial inclusion in Florida’s underserved markets.

    <<< Get $500 Fast – No Credit Check Required, Apply In 1 Minute >>>

    Now Personal Loan Offers Fast Access to Payday Loans in Florida

    With Now Personal Loan now open for business in Florida, residents can look forward to a higher level of payday lending services. The key advantages are:

    • Instant approval for payday loans with little paperwork
    • Florida no credit check payday loan options for individuals with less-than-perfect credit histories
    • Immediate access to cash with our 100% internet-based procedure
    • Same day financing for approved borrowers
    • Payday loan Florida direct lender service – no agents, no delays
    • Clear terms and no hidden charges
    • 24/7 access on mobile and desktop
    • Secure encryption of personal and banking information
    • Personalized loan amounts to meet various needs

    While other payday lenders prioritize complexity, speed, and borrower exploitation, Now Personal Loan focuses on simplicity, quick disbursement, and borrower safeguarding. It’s payday lending for the digital-first generation. Floridians can now apply anywhere—no more waiting in long lines or suffering through tedious paperwork.

    About Now Personal Loan

    Now Personal Loan is an online lending platform committed to making short-term borrowing easier. Having established a strong market presence in multiple states, the company now provides payday loans in Florida that are convenient and flexible. The platform’s fair lending commitment involves:

    • Immediate loan application decisions
    • Clear terms with no hidden charges
    • Flexible loan amounts and repayment periods
    • Responsible borrowing tips and tools
    • Committed customer service and educational assistance
    • Multilingual support and ADA-compliant interfaces

    As a reputable payday loan Florida direct lender, Now Personal Loan empowers consumers based on income and stability instead of credit scores. The company harnesses data-driven technology to build greater access for underserved segments, such as gig workers, retirees, and part-time workers.

    <<< Bad Credit? No Problem – Apply Without Fear >>>

    How Now Personal Loan Provides Payday Loans in Florida with No Credit Check

    Traditional lenders tend to exclude low-credit applicants. Personal Loan is not like that anymore. Here’s why it includes more Floridians:

    • Does soft credit checks only, which won’t affect your score
    • Based on job and income for approval
    • No standard credit history is needed
    • Alternative forms of verifying income are accepted
    • Accelerated approval for freelance workers and gig economy employees
    • Recent pay stubs, bank statements, and tax returns can be considered
    • Non-citizen residents who have lawful U.S. work are included in the process

    Borrowers who have had money problems in the past are now able to get cash when they most need it, without worrying about being judged by outdated credit metrics. This enables more Floridians to manage emergencies, increase cash flow, or cover financial gaps responsibly.

    Borrowers Eligible for a Payday Loan from Now Personal Loan in Florida

    Today Personal Loan is dedicated to providing easy and affordable financial products to a wide variety of consumers. Unlike other lenders that have high credit score requirements, Today Personal Loan considers the larger picture—making it simpler for more Floridians to be approved. Here’s who qualifies:

    • Age Requirement: You must be 18 or older.
    • Residency: You need to be a legitimate Florida resident with a current U.S. address.
    • Income: Steady income is necessary from work, self-employment, Social Security, disability payments, pensions, or other documented sources.
    • Bank Account: A valid checking account in good standing to deposit funds and make payments.
    • Identification: A government-issued photo ID (like a driver’s license or state ID) is necessary for identification verification.
    • Employment or Alternative Income Verification: Gig workers, freelancers, and part-time workers are accepted. Recent pay stubs, tax statements, or bank statements can be utilized to verify income.
    • Contact Details: A functional email address and mobile phone number are needed for account updates and notifications.
    • Not Currently in Bankruptcy: Borrowers who are presently facing bankruptcy proceedings may not qualify.

    Now Personal Loan also provides extra flexibility for:

    • First-time borrowers who need to borrow small loan amounts
    • Repeat borrowers with good repayment history
    • Active military personnel or veterans with regular government pay
    • Retirees with pension or Social Security payments
    • Aliens with lawful work authorization and regular income

    This open-door policy allows even those with poor credit scores, unusual work arrangements, or previous financial difficulties to qualify. It’s credit made to fit today’s realities—rather than old credit principles.

     <<< Skip the Credit Score – Go with Income-Based Loans >>>

    Now Personal Loan Operates as a Direct Lender for Payday Loans in Florida

    Now Personal Loan is not an intermediary broker. It is a genuine direct lender, i.e.:

    • You transact directly with the lender throughout the loan lifecycle
    • Decisions are made internally for quick processing
    • Funds are credited directly from the source
    • Your personal information is kept confidential and secure
    • No additional charges from intermediaries
    • Complete accountability and customer service under one roof
    • Clear communication payment schedule given upfront

    By eliminating middlemen, Now Personal Loan increases trust and hastens approvals, lowers costs and hassles. Florida borrowers can trust they are dealing with a compliant, state-licensed lender that cares about their needs.

    Now Personal Loan Promises Instant Approval for Florida Applicants

    Need money in a pinch? Now Personal Loan provides instant approval options for Florida residents:

    • Application is less than five minutes
    • Pre-approval in seconds after applying
    • Money usually released the same day
    • Available on any device, 24/7
    • Transparent status updates and reminders
    • No faxing or hard paperwork involved
    • Perfect for urgent situations such as medical expenses, auto repairs, or pending rent

    Now Personal Loan is now your trusted financial ally in times of crisis, providing speed and transparency when you need it the most.

    <<< Fast. Safe. Approved. Try Now Personal Loan Today >>>

    Now Personal Loan Launches Guaranteed Approval Option for Eligible Borrowers

    To enable more individuals to qualify for funding, Now Personal Loan now offers guaranteed approval options for qualified Florida applicants. This entails:

    • Repeated borrowers with good payment history
    • Borrowers with stable employment and income
    • Individuals who qualify through auto-qualification
    • Active duty military personnel and retirees with pension income
    • Social Security or government benefit recipients
    • Address verified in Florida
    • Good standing bank account

    The aim is to offer regular access to credit without any kind of delay. With inclusiveness as the priority, Now Personal Loan keeps deserving borrowers from being left behind and can depend on assistance when required.

    Now Personal Loan Highlights Responsible Lending and Transparency in Florida

    Now Personal Loan promotes safe borrowing habits and transparency throughout Florida. Their framework comprises:

    • Transparent interest rates and fee structures
    • No bait-and-switch pricing or concealed provisions
    • Borrowing constraints that correlate with your earnings
    • Committed Florida-based support staff
    • Resources and articles to enhance financial literacy
    • On-time repayment incentivization through loyalty benefits
    • Freedom to repay and extension policies when necessary

    The organization strives to make every borrower make smart, confident financial decisions, and build a robust financial foundation. Borrowers are incentivized to borrow only what they can afford to repay.

    Now Personal Loan’s Easy Online Application Process for Florida Borrowers

    Now Personal Loan’s process is speedy and hassle-free:

    • Go to the website and initiate the application
    • Fill in simple details – name, income, employment
    • Upload a digital version of ID and income proof
    • Get an instant go-ahead or no-go decision
    • Get money credited to your account, usually within hours
    • Repay easily through the online dashboard

    No long lines, no complicated paperwork – just a convenient, contemporary lending process tailored for busy Floridians. Prospective applicants can even save their application and come back later, providing utmost convenience.

     <<< Need Cash Fast in Florida? Apply in Under 2 Minutes >>>

    Now Personal Loan to Lead Florida Payday Loan Industry with Smarter Approval Tech

    Now Personal Loan introduces fintech innovation to Florida’s payday lending industry. Here’s how:

    • Advanced AI and automation facilitate quicker decisions
    • Algorithms evaluate risk more accurately than conventional processes
    • Increased access for non-traditional borrowers
    • Live data analytics lower default rates
    • Efficient process from application to funding in less than an hour
    • Ongoing platform enhancements for better user experience
    • Secure cloud platform for secure transactions

    Now Personal Loan is revolutionizing payday lending with this technology—capturing speed, fairness, and flexibility. It’s the lending future brought to Florida’s doorstep.

    Final Words: Why Florida Residents Choose Now Personal Loan Over Traditional Payday Lenders

    Floridians are relying more and more on Now Personal Loan for a wiser, more understanding borrowing experience. Differing from the conventional payday lenders, the platform provides an efficient digital process, assured approval for qualified borrowers, and no credit check payday loans—all intended to provide people with the assistance they deserve without criticism or delay. Whether you’re a full-time worker, gig worker, or retiree, the platform accommodates your case with fairness, speed, and transparency.

    What really sets Now Personal Loan apart is its commitment to putting the borrower first. From instant funding and direct lender access to intuitive dashboards and best-in-class customer service, every element of the experience is designed to take stress out and put finances in order. The application of cutting-edge technology by the platform ensures quicker approvals while following strict security measures that protect user information. Coupled with its learning resources and welcoming underwriting, Now Personal Loan doesn’t simply provide loans—it provides a bridge to temporary financial assurance.

    In a market dominated by payday lenders, Now Personal Loan stands out from the pack by blending responsible lending, quick access, and customer-first mentality. It’s not only a loan company—it’s a respectful financial ally for Floridians dealing with life’s unexpected expenses. Whether you’re dealing with an emergency or just need a short-term infusion, Now Personal Loan is the name Florida can rely on.

    Media Details:
    Company: Now Personal Loan
    Full Company Address: Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown, Saint Kitts and Nevis
    Company Website: https://www.nowpersonalloan.com
    Official Email ID: support@NowPersonalLoan.com

    Attachment

    The MIL Network –

  • MIL-OSI: Payday Loans in Florida with No Credit Check & Instant Approval for Bad Credit – New Launch by Now Personal Loan

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) —

    Now Personal Loan, a pioneer in the fast and flexible payday lending industry, is delighted to announce its official entry into Florida. With its expansion, Florida residents can now enjoy payday loans Florida with instant approval, guaranteed approval, and a streamlined, secure online loan process. Now Personal Loan is introducing its groundbreaking fintech platform to the Sunshine State with a vision to empower borrowers in meeting unanticipated expenses.

    Whether it is rent, utility charges, or unexpected repairs, Floridians can count on Now Personal Loan for instant and easy assistance, including payday loans Florida no credit check and direct access to a payday loan Florida direct lender. The move is in keeping with the company’s goal of providing transparent, ethical, and fast loan products at all income levels.

    Through the launch, Now Personal Loan will also initiate community outreach and financial education activities with a view of assisting Florida consumers in terms of borrowing alternatives and debt traps. The company mission further entails increasing financial inclusion in Florida’s underserved markets.

    <<< Get $500 Fast – No Credit Check Required, Apply In 1 Minute >>>

    Now Personal Loan Offers Fast Access to Payday Loans in Florida

    With Now Personal Loan now open for business in Florida, residents can look forward to a higher level of payday lending services. The key advantages are:

    • Instant approval for payday loans with little paperwork
    • Florida no credit check payday loan options for individuals with less-than-perfect credit histories
    • Immediate access to cash with our 100% internet-based procedure
    • Same day financing for approved borrowers
    • Payday loan Florida direct lender service – no agents, no delays
    • Clear terms and no hidden charges
    • 24/7 access on mobile and desktop
    • Secure encryption of personal and banking information
    • Personalized loan amounts to meet various needs

    While other payday lenders prioritize complexity, speed, and borrower exploitation, Now Personal Loan focuses on simplicity, quick disbursement, and borrower safeguarding. It’s payday lending for the digital-first generation. Floridians can now apply anywhere—no more waiting in long lines or suffering through tedious paperwork.

    About Now Personal Loan

    Now Personal Loan is an online lending platform committed to making short-term borrowing easier. Having established a strong market presence in multiple states, the company now provides payday loans in Florida that are convenient and flexible. The platform’s fair lending commitment involves:

    • Immediate loan application decisions
    • Clear terms with no hidden charges
    • Flexible loan amounts and repayment periods
    • Responsible borrowing tips and tools
    • Committed customer service and educational assistance
    • Multilingual support and ADA-compliant interfaces

    As a reputable payday loan Florida direct lender, Now Personal Loan empowers consumers based on income and stability instead of credit scores. The company harnesses data-driven technology to build greater access for underserved segments, such as gig workers, retirees, and part-time workers.

    <<< Bad Credit? No Problem – Apply Without Fear >>>

    How Now Personal Loan Provides Payday Loans in Florida with No Credit Check

    Traditional lenders tend to exclude low-credit applicants. Personal Loan is not like that anymore. Here’s why it includes more Floridians:

    • Does soft credit checks only, which won’t affect your score
    • Based on job and income for approval
    • No standard credit history is needed
    • Alternative forms of verifying income are accepted
    • Accelerated approval for freelance workers and gig economy employees
    • Recent pay stubs, bank statements, and tax returns can be considered
    • Non-citizen residents who have lawful U.S. work are included in the process

    Borrowers who have had money problems in the past are now able to get cash when they most need it, without worrying about being judged by outdated credit metrics. This enables more Floridians to manage emergencies, increase cash flow, or cover financial gaps responsibly.

    Borrowers Eligible for a Payday Loan from Now Personal Loan in Florida

    Today Personal Loan is dedicated to providing easy and affordable financial products to a wide variety of consumers. Unlike other lenders that have high credit score requirements, Today Personal Loan considers the larger picture—making it simpler for more Floridians to be approved. Here’s who qualifies:

    • Age Requirement: You must be 18 or older.
    • Residency: You need to be a legitimate Florida resident with a current U.S. address.
    • Income: Steady income is necessary from work, self-employment, Social Security, disability payments, pensions, or other documented sources.
    • Bank Account: A valid checking account in good standing to deposit funds and make payments.
    • Identification: A government-issued photo ID (like a driver’s license or state ID) is necessary for identification verification.
    • Employment or Alternative Income Verification: Gig workers, freelancers, and part-time workers are accepted. Recent pay stubs, tax statements, or bank statements can be utilized to verify income.
    • Contact Details: A functional email address and mobile phone number are needed for account updates and notifications.
    • Not Currently in Bankruptcy: Borrowers who are presently facing bankruptcy proceedings may not qualify.

    Now Personal Loan also provides extra flexibility for:

    • First-time borrowers who need to borrow small loan amounts
    • Repeat borrowers with good repayment history
    • Active military personnel or veterans with regular government pay
    • Retirees with pension or Social Security payments
    • Aliens with lawful work authorization and regular income

    This open-door policy allows even those with poor credit scores, unusual work arrangements, or previous financial difficulties to qualify. It’s credit made to fit today’s realities—rather than old credit principles.

     <<< Skip the Credit Score – Go with Income-Based Loans >>>

    Now Personal Loan Operates as a Direct Lender for Payday Loans in Florida

    Now Personal Loan is not an intermediary broker. It is a genuine direct lender, i.e.:

    • You transact directly with the lender throughout the loan lifecycle
    • Decisions are made internally for quick processing
    • Funds are credited directly from the source
    • Your personal information is kept confidential and secure
    • No additional charges from intermediaries
    • Complete accountability and customer service under one roof
    • Clear communication payment schedule given upfront

    By eliminating middlemen, Now Personal Loan increases trust and hastens approvals, lowers costs and hassles. Florida borrowers can trust they are dealing with a compliant, state-licensed lender that cares about their needs.

    Now Personal Loan Promises Instant Approval for Florida Applicants

    Need money in a pinch? Now Personal Loan provides instant approval options for Florida residents:

    • Application is less than five minutes
    • Pre-approval in seconds after applying
    • Money usually released the same day
    • Available on any device, 24/7
    • Transparent status updates and reminders
    • No faxing or hard paperwork involved
    • Perfect for urgent situations such as medical expenses, auto repairs, or pending rent

    Now Personal Loan is now your trusted financial ally in times of crisis, providing speed and transparency when you need it the most.

    <<< Fast. Safe. Approved. Try Now Personal Loan Today >>>

    Now Personal Loan Launches Guaranteed Approval Option for Eligible Borrowers

    To enable more individuals to qualify for funding, Now Personal Loan now offers guaranteed approval options for qualified Florida applicants. This entails:

    • Repeated borrowers with good payment history
    • Borrowers with stable employment and income
    • Individuals who qualify through auto-qualification
    • Active duty military personnel and retirees with pension income
    • Social Security or government benefit recipients
    • Address verified in Florida
    • Good standing bank account

    The aim is to offer regular access to credit without any kind of delay. With inclusiveness as the priority, Now Personal Loan keeps deserving borrowers from being left behind and can depend on assistance when required.

    Now Personal Loan Highlights Responsible Lending and Transparency in Florida

    Now Personal Loan promotes safe borrowing habits and transparency throughout Florida. Their framework comprises:

    • Transparent interest rates and fee structures
    • No bait-and-switch pricing or concealed provisions
    • Borrowing constraints that correlate with your earnings
    • Committed Florida-based support staff
    • Resources and articles to enhance financial literacy
    • On-time repayment incentivization through loyalty benefits
    • Freedom to repay and extension policies when necessary

    The organization strives to make every borrower make smart, confident financial decisions, and build a robust financial foundation. Borrowers are incentivized to borrow only what they can afford to repay.

    Now Personal Loan’s Easy Online Application Process for Florida Borrowers

    Now Personal Loan’s process is speedy and hassle-free:

    • Go to the website and initiate the application
    • Fill in simple details – name, income, employment
    • Upload a digital version of ID and income proof
    • Get an instant go-ahead or no-go decision
    • Get money credited to your account, usually within hours
    • Repay easily through the online dashboard

    No long lines, no complicated paperwork – just a convenient, contemporary lending process tailored for busy Floridians. Prospective applicants can even save their application and come back later, providing utmost convenience.

     <<< Need Cash Fast in Florida? Apply in Under 2 Minutes >>>

    Now Personal Loan to Lead Florida Payday Loan Industry with Smarter Approval Tech

    Now Personal Loan introduces fintech innovation to Florida’s payday lending industry. Here’s how:

    • Advanced AI and automation facilitate quicker decisions
    • Algorithms evaluate risk more accurately than conventional processes
    • Increased access for non-traditional borrowers
    • Live data analytics lower default rates
    • Efficient process from application to funding in less than an hour
    • Ongoing platform enhancements for better user experience
    • Secure cloud platform for secure transactions

    Now Personal Loan is revolutionizing payday lending with this technology—capturing speed, fairness, and flexibility. It’s the lending future brought to Florida’s doorstep.

    Final Words: Why Florida Residents Choose Now Personal Loan Over Traditional Payday Lenders

    Floridians are relying more and more on Now Personal Loan for a wiser, more understanding borrowing experience. Differing from the conventional payday lenders, the platform provides an efficient digital process, assured approval for qualified borrowers, and no credit check payday loans—all intended to provide people with the assistance they deserve without criticism or delay. Whether you’re a full-time worker, gig worker, or retiree, the platform accommodates your case with fairness, speed, and transparency.

    What really sets Now Personal Loan apart is its commitment to putting the borrower first. From instant funding and direct lender access to intuitive dashboards and best-in-class customer service, every element of the experience is designed to take stress out and put finances in order. The application of cutting-edge technology by the platform ensures quicker approvals while following strict security measures that protect user information. Coupled with its learning resources and welcoming underwriting, Now Personal Loan doesn’t simply provide loans—it provides a bridge to temporary financial assurance.

    In a market dominated by payday lenders, Now Personal Loan stands out from the pack by blending responsible lending, quick access, and customer-first mentality. It’s not only a loan company—it’s a respectful financial ally for Floridians dealing with life’s unexpected expenses. Whether you’re dealing with an emergency or just need a short-term infusion, Now Personal Loan is the name Florida can rely on.

    Media Details:
    Company: Now Personal Loan
    Full Company Address: Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown, Saint Kitts and Nevis
    Company Website: https://www.nowpersonalloan.com
    Official Email ID: support@NowPersonalLoan.com

    Attachment

    The MIL Network –

  • MIL-OSI: WTW and Verisk collaborate to boost efficiency, speed, accuracy, and analytical sophistication in commercial insurance pricing 

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has announced the launch of a ground-breaking feature in Radar, its leading analytics deployment solution. This new feature enables users to adjust to market price movements accurately and in real time by incorporating ISO Electronic Rating Content™ (ISO ERC ™) from Verisk.

    Insurers need reliable access to the latest rating information to stay competitive in today’s market and rate policies quickly and accurately. Time constraints can also prohibit carriers from adopting deviations, performing portfolio impact analyses, and deploying complex rating structures.

    Radar now allows insurers to seamlessly import Verisk ISO ERC content directly into Radar and instantly create an ISO-based pricing model at the touch of a button. In a matter of minutes, this enables users to begin rating policies with ISO’s up-to-date filed advisory prospective loss costs, rules, and forms attachment logic.

    Key benefits include the ability to analyze the impact of new ISO updates on in-force portfolios, scenario test the effects of proprietary deviations and deploy rates to market with minimal risk of manual error. A process that historically could take months can now be completed in minutes, greatly enhancing rate-making efficiency and giving carriers a powerful competitive edge in adapting to market price movements.

    Gio Smyth, Managing Director and Americas Regional Leader, Insurance Consulting and Technology at WTW, said: “This new Radar functionality builds significantly on the value already provided by Verisk’s ISO ERC solution. Our innovative approach enables insurers to thoroughly assess the impact of ISO Circular updates, providing them with the confidence they need to adjust their rates swiftly, benefiting both their business and customers. I’m excited to see our clients benefit from our latest Radar development.”

    Ron Beiderman, senior vice president of core lines services product at Verisk, said: “Verisk’s ISO ERC streamlines the end-to-end rating process by enabling faster, more accurate implementation of ISO content. With seamless integration into Radar’s pricing, analytics and deployment environments, it enhances ratemaking efficiency and helps set insurers apart in such a highly competitive environment. This advancement enables partners to deliver the full value of ISO ERC data through robust and scalable solutions.”

    About Radar
    Smarter insights. Better results. Delivered faster.

    Radar is an end-to-end analytics and model deployment solution. It was built specifically for insurers by insurance experts and continually enhanced through ongoing investment, development, and innovation.

    Radar delivers proprietary machine learning algorithms, real-time decision-making, regulatory reporting, and speed and ease of deployment.

    Radar is part of WTW’s Insurance Consulting and Technology business, which serves the insurance industry with a powerful combination of advisory services and leading-edge technology. Its mission is to innovate and transform the insurance industry, delivering solutions that help clients better select, finance, and manage risk and capital.

    We work with clients of all sizes globally, including most of the world’s leading insurance groups. Over 1,000 client companies use our specialist insurance software on six continents. With over 1,700 colleagues in 35 markets, we continually strive to be a partner and employer of choice in the insurance industry.

    About WTW
    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success and provide perspective that moves you.

    Learn more at wtwco.com.

    About Verisk 
    Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom. 

    Media Contact
    Andrew Collis: +44 7932 725 267 | andrew.collis@wtwco.com

    Arnelle Sullivan: +1 (718) 208-0474 | Arnelle.Sullivan@wtwco.com

    The MIL Network –

  • MIL-OSI: Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market

    Source: GlobeNewswire (MIL-OSI)

    Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.

    The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: ADAM, Scorpion, and Titan. The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward.

    “This agreement represents a major milestone in our international growth strategy,” said Matt Casella, President of Richtech Robotics. “We’re excited to offer our AI-driven solutions to more businesses across Asia, with the aim of helping them enhance operational efficiency and customer experiences through next-generation robotics.”

    This partnership builds on Richtech Robotics’ commitment to global expansion, offering advanced service robot solutions tailored to high-demand sectors such as hospitality, retail, manufacturing, and healthcare.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the successful implementation of the terms of the sales agreement, the expected impact of such sales on Richtech Robotics’ future revenue, and the of the success of Richtech Robotics’ international expansion strategy.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the ability of each party to carry out its respective obligations under the sales agreement, performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Richtech Robotics Joint Venture Partner Secures $4M Sales Agreement to Expand Reach in Asia’s AI Robotics Market

    Source: GlobeNewswire (MIL-OSI)

    Agreement with Beijing Tongchuang Technology Development Co., Ltd. strengthens regional momentum through purchase, service, and licensing of flagship products

    LAS VEGAS, June 30, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the signing of a multi-million-dollar sales agreement with Beijing Tongchuang Technology Development Co., Ltd. by its Chinese joint venture, Boyu Artificial Intelligence Technology Co., Ltd.

    The agreement, valued at over $4 million, includes the purchase, service, and software licensing of products from three of Richtech’s key product lines: ADAM, Scorpion, and Titan. The deal expands the company’s footprint in China and opens the door for additional potential opportunities across the Asian market. The agreement is expected to increase the company’s fourth quarter revenue as well as to drive recurring revenue moving forward.

    “This agreement represents a major milestone in our international growth strategy,” said Matt Casella, President of Richtech Robotics. “We’re excited to offer our AI-driven solutions to more businesses across Asia, with the aim of helping them enhance operational efficiency and customer experiences through next-generation robotics.”

    This partnership builds on Richtech Robotics’ commitment to global expansion, offering advanced service robot solutions tailored to high-demand sectors such as hospitality, retail, manufacturing, and healthcare.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include, Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding the successful implementation of the terms of the sales agreement, the expected impact of such sales on Richtech Robotics’ future revenue, and the of the success of Richtech Robotics’ international expansion strategy.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the ability of each party to carry out its respective obligations under the sales agreement, performance of Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media:
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Aimfinity Investment Corp. I Announces New Monthly Extension for Business Combination

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, DE, June 30, 2025 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “AIMA”) (Nasdaq: AIMTF), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from June 28, 2025 to July 28, 2025, on JUne 28, 2025, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $55,823.8, or for $0.05 per Class A ordinary share held by public shareholders (the “Monthly Extension Payment”).

    Pursuant to the Company’s fourth amended & restated memorandum and articles of association (“Current Charter”), effectively January 9, 2025, the Company may extend on a monthly basis from January 28, 2025 until October 28, 2025 or such an earlier date as may be determined by its board to complete a business combination by depositing the Monthly Extension Payment for each month into the Trust Account. This is the sixth of nine monthly extensions sought under the Current Charter of the Company.  

    About Aimfinity Investment Corp. I

    Aimfinity Investment Corp. I is a special purpose acquisition company (SPAC) focused on merging with high-growth potential businesses and facilitating their entry into the capital markets.

    Additional Information and Where to Find It

    As previously disclosed, on October 13, 2023, AIMA entered into that certain Agreement and Plan of Merger (as may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and between AIMA, Docter, Aimfinity Investment Merger Sub I, a Cayman Islands exempted company and wholly-owned subsidiary of AIMA (“Purchaser”), and Aimfinity Investment Merger Sub II, Inc., a Delaware corporation and wholly-owned subsidiary of Purchaser (“Merger Sub”), pursuant to which AIMA is proposing to enter into a business combination with Docter involving an reincorporation merger and an acquisition merger. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. AIMA’s shareholders and other interested persons are advised to read, when available, the proxy statement/prospectus and the amendments thereto and other documents filed in connection with the proposed business combination, as these materials will contain important information about AIMA, Purchaser or Docter, and the proposed business combination. The proxy statement/prospectus and other relevant materials for the proposed business combination have been mailed to shareholders of AIMA as of the record date of February 25, 2025, established for voting on the proposed business combination. Such shareholders will also be able to obtain copies of the proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to AIMA’s principal office at 221 W 9th St, PMB 235 Wilmington, Delaware 19801.

    Forward-Looking Statements

    This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended (the “Securities Act”) and the Securities Exchange Act of 1934, as amended. Statements that are not historical facts, including statements about the proposed transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the proposed transaction, including the anticipated initial enterprise value and post-closing equity value, the benefits of the proposed transaction, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the proposed transactions. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated.

    Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of AIMA and Docter to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of AIMA or Docter; (v) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (vi) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of AIMA’s securities; (vii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Docter to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (viii) risks relating to the medical device industry, including but not limited to governmental regulatory and enforcement changes, market competitions, competitive product and pricing activity; and (ix) risks relating to the combined company’s ability to enhance its products and services, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.

    A further list and description of risks and uncertainties can be found in the prospectus filed with the Securities and Exchange Commission (the “SEC”) on April 26, 2022 relating to AIMA’s initial public offering (File No. 333-263874), the annual report of AIMA on Form 10-K for the fiscal year ended on December 31, 2024, filed with the SEC on April 15, 2025, and in the final prospectus/proxy statement filed with the SEC on March 6, 2025 relating to the proposed transactions (File No. 333-284658) (the “Final Prospectus”), and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and AIMA, Docter, and their subsidiaries or affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

    Additional Information and Where to Find It

    In connection with the proposed transactions described herein, Purchaser filed the Final Prospectus with the SEC on March 6, 2025. The proxy statement and a proxy card has been mailed to AIMA’s shareholders of record as of February 25, 2025. Shareholders of AIMA will also be able to obtain a copy of the Final Prospectus without charge from AIMA. The Final Prospectus may also be obtained without charge at the SEC’s website at www.sec.gov. INVESTORS AND SECURITY HOLDERS OF AIMA ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE PROPOSED TRANSACTIONS THAT AIMA WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AIMA, DOCTER AND THE PROPOSED TRANSACTIONS. 

    Participants in the Solicitation

    AIMA, Docter, and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of AIMA’s shareholders in connection with the proposed transactions described herein. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of AIMA’s shareholders in connection with the proposed business combination is set forth in the Final Prospectus.

    No Offer or Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of any potential transaction and does not constitute an offer to sell or a solicitation of an offer to buy any securities of AIMA, Purchaser or Docter, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.

    I-Fa Chang
    425-365-2933
    ivan@inkstonecapital.com

    The MIL Network –

  • MIL-OSI Submissions: Africa’s new credit rating agency could change the rules of the game. Here’s how

    Source: The Conversation – Africa – By Daniel Cash, Reader in Law, Aston University

    For governments, a credit rating is more than a financial signal. It is a verdict that can influence the cost of borrowing, access to markets and, ultimately, the ability to provide for their citizens.

    Rating decisions are made behind closed doors in a private process that isn’t open to assessment or scrutiny.

    For African countries, this opacity can be especially damaging. When rating decisions lack transparency, it’s impossible to challenge potential biases or inconsistencies in methodology that put developing economies at a disadvantage. The result is higher borrowing costs that drain resources from healthcare, education and infrastructure investment.

    Africa’s new credit rating agency has the chance to change this. The African Credit Rating Agency is an initiative under development by the African Union and its partners. It is more than a new entrant; it is an attempt to rethink how financial authority is earned, exercised and scrutinised. The new agency plans to introduce transparent governance structures that could revolutionise rating methodology.

    As a researcher who has looked closely at the working of rating agencies, I believe this opportunity to bring transparency to financial governance isn’t just about better ratings. It’s a step towards economic sovereignty.

    Success for the African Credit Rating Agency shouldn’t be measured by whether it displaces the “big three” rating agencies (Standard & Poor’s, Moody’s and Fitch). The real question isn’t whether an African agency can compete, but rather whether it can show the world how to rate credit differently.

    A flawed process

    The three big agencies do publish their methodologies – their criteria and risk models. This creates an illusion of transparency. Yet the final judgments emerge from committee meetings that produce no public record, no accountability, and no right of meaningful appeal.

    These rating committees typically comprise five to 10 analysts who meet in closed sessions to make each sovereign rating decision. S&P, Moody’s and Fitch each operate internal rating committees for every sovereign rating decision. The deliberations, dissenting views, and specific reasoning behind final votes remain confidential. Only a brief summary is provided with a rating decision.

    Research has shown that credit rating agencies are more accurate at assessing the creditworthiness of advanced economies than developing economies. There have also been studies on the discrepancy between what is expected when the public methodologies are applied and what the agencies actually rate. These studies have been done for economies like Hong Kong and China, but no equivalent research has yet been undertaken for African sovereigns.

    This discrepancy exposes an accountability void. When methodology-based predictions miss the mark, we must question what happens in those committee rooms. Especially when African nations are being assessed by analysts stationed continents away, with limited understanding of local economic and political realities.

    The African Credit Rating Agency could make three changes to the way ratings are done:

    • through public deliberations

    • by forming hybrid committees

    • with technological intervention.

    First, it could release committee transcripts within 30 days of each decision. This would give markets and governments unprecedented insight into rating rationales. This isn’t radical – central banks already publish meeting minutes, and courts publish opinions with dissenting views.

    Second, it could pioneer panels that include not only rating analysts, but regional economists, sectoral specialists, and even civil society observers. All with recorded votes. This diversified expertise would disrupt “group think” while capturing nuances of African economies that traditional agencies overlook.

    I have examined this idea from the perspective of injecting climate and sustainability-related expertise into credit rating committees. I believe this is a crucial step to take to evolve the concept of the credit rating committee.

    Third, the agency could use artificial intelligence to analyse patterns across committee discussions, flagging potential regional biases or inconsistent methodology application. It might be able to use secure digital ledgers to create unchangeable records of decisions.

    Why the big three keep it closed

    The industry thrives on privacy – protecting proprietary methodologies and shielding decisions from external challenge. And the natural oligopoly (a market dominated by a few large players due to high entry barriers, reinforced by market preference for predictability) helps it stay that way.

    The sovereign credit ratings of the three big agencies are built on quantitative and qualitative factors. But research shows that sovereign ratings are subjected to qualitative understandings. This puts developing economies at a disadvantage when agencies demonstrate pro-western biases because they lack data or knowledge.

    The impact of a credit rating downgrade for a sovereign borrower is usually multifaceted. Research shows that a single-notch downgrade can raise borrowing costs by more than 100 basis points, equivalent to an extra US$100 million annually on a US$10 billion bond.

    Investors prefer fewer, stronger signals rather than many competing views. So there’s little incentive for established players to change. The African Credit Rating Agency, as a new entrant, can offer something the incumbents won’t: governance innovation that serves both markets and nations.

    Radical openness will shake markets, at least at first. Committee members might face political pressure. Transparency alone doesn’t guarantee fair outcomes.

    But the world already demands transparency from central banks and constitutional courts. Why accept anything less from institutions that shape sovereign destiny?

    Next steps

    By 2050, one in four people on Earth will be African. The financial architecture serving them must evolve towards systems that recognise the continent’s unique strengths.

    Opening the rating committee to view represents more than technical reform – it’s about shifting who holds power in global finance. If it does this, the African agency won’t just deliver better ratings; it will model how global finance can be governed more justly.

    Daniel Cash does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Africa’s new credit rating agency could change the rules of the game. Here’s how – https://theconversation.com/africas-new-credit-rating-agency-could-change-the-rules-of-the-game-heres-how-257138

    MIL OSI –

  • MIL-OSI Submissions: The US’s asbestos U-turn: why the Environmental Protection Agency is reconsidering its ban

    Source: The Conversation – UK – By Allen Haddrell, Research Fellow, School of Chemistry, University of Bristol

    Once asbestos enters the lungs, it doesn’t leave. Its sharp, microscopic fibres scar tissues, trigger inflammation and can cause deadly diseases like mesothelioma, lung cancer and laryngeal cancer. That’s why over 60 countries have banned it – and why the US mostly phased it out.

    In 2024, the Environmental Protection Agency (EPA) moved to ban all industrial uses. But on June 17, the agency said it would revisit the Biden‑era ban.

    Asbestos is a naturally occurring silicate mineral made of thin, fibrous crystals. It is fire-resistant, durable, lightweight, flexible and insulating. This unique blend of properties resulted in its widespread use over millennia. Indeed, asbestos fibres have been found woven into pottery and textiles from 2500BC.

    Its resistance to friction and electricity made it desirable during the Industrial Revolution for use in boilers and steam engines. In the 20th century, the useful mix of physical properties resulted in asbestos becoming ubiquitous in the construction and automotive industries, peaking in the 1970s.

    Although the properties of asbestos at the macroscopic level are beneficial, at the microscopic level it’s anything but. When dust from asbestos (0.1 to tens of microns) is inhaled, it deposits throughout the respiratory system, causing inflammation and scarring of lung tissue.

    While the adverse health effects associated with asbestos exposure were observed in ancient Rome, it wasn’t until the 20th century that the full extent of harm was realised. Specifically, asbestos exposure is linked to numerous respiratory diseases, including mesothelioma, lung cancer and asbestosis.

    It took a long time for people to understand how dangerous asbestos really is. The main reason is that the illnesses it causes often don’t show up for decades. This long delay makes it very hard to link exposure to the disease it causes.

    Making this connection is also made more difficult when those most familiar with it, including manufacturers such as Johns-Manville and industry groups such as the Asbestos Information Association (AIA) were actively denying the connection, and suppressing reports demonstrating the link.

    By the 1970s, the volume of evidence showing the harms of asbestos had become overwhelming. The AIA evolved its argument, claiming that the practices in the industry had changed and that the risks were from a bygone era “when the dust control equipment in use was not as efficient or as sophisticated”. Although the association never explicitly admitted that asbestos caused harm.

    Since it can take decades for the health effects of asbestos exposure to fully manifest, the full extent of the damage caused by asbestos exposure from the 1970s and onward, an era where the dust control equipment was claimed to be “efficient and sophisticated”.

    The Asbestos Information Association, once a key industry group promoting the safe use of asbestos, quietly disbanded in the early 2000s as litigation and public health evidence mounted.

    History of asbestos.

    What type of asbestos is the US considering unbanning?

    The EPA is considering unbanning chrysotile asbestos, also called white asbestos. This type of asbestos is often used in things like brake pads, gaskets and industrial equipment. In March 2024 the EPA banned it, stopping new uses and imports. The ban also included a gradual phase-out plan.

    Who is pushing for the unbanning and why now?

    From the outset, industry groups such as the American Chemistry Council (ACC) raised concerns about the EPA’s ban, warning that “a prohibition of an estimated 52% of annual production volume … that rapidly, could have substantial supply chain impacts”, particularly if manufacturers were bound by existing contracts or chose to cease production entirely.

    As for why now, one factor is the re-election of Donald Trump, who put his views on record some time ago downplaying the dangers of asbestos. In 1997, he wrote in his book Trump: The Art of the Comeback that asbestos is “100 percent safe, once applied”. A point not supported by the best available science.

    Why is the EPA considering unbanning it?

    According to former ACC employee and current senior official in EPA’s Office of Chemical Safety and Pollution Prevention Lynn Ann Dekleva, they want to consider if the ban “went beyond what is necessary to eliminate the unreasonable risk and whether alternative measures — such as requiring permanent workplace protection measures – would eliminate the unreasonable risk”.

    What industries still want to use this type of asbestos?

    The largest push appears to be coming from the chlor-alkali industry where they use it to produce chlorine and sodium hydroxide.

    Is this type of asbestos dangerous?

    Yes. There is no safe level of exposure.

    How many people could this affect?

    Each year, around 40,000 deaths in the US and about 5,000 in the UK are attributed to asbestos exposure. If lifted, it’s possible that the number in the US could increase over the coming decades while those in the UK will continue to fall.

    Does this mean asbestos could make a comeback elsewhere too?

    Unlikely. While global consensus moves toward stricter regulation, the US now finds itself at a crossroads, between scientific evidence and pressure from industry.

    Allen Haddrell does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The US’s asbestos U-turn: why the Environmental Protection Agency is reconsidering its ban – https://theconversation.com/the-uss-asbestos-u-turn-why-the-environmental-protection-agency-is-reconsidering-its-ban-259597

    MIL OSI –

  • MIL-OSI Submissions: How to tell if a photo’s fake? You probably can’t. That’s why new rules are needed

    Source: The Conversation – Africa (2) – By Martin Bekker, Computational Social Scientist, University of the Witwatersrand

    The problem is simple: it’s hard to know whether a photo’s real or not anymore. Photo manipulation tools are so good, so common and easy to use, that a picture’s truthfulness is no longer guaranteed.

    The situation got trickier with the uptake of generative artificial intelligence. Anyone with an internet connection can cook up just about any image, plausible or fantasy, with photorealistic quality, and present it as real. This affects our ability to discern truth in a world increasingly influenced by images.



    Read more:
    Can you tell the difference between real and fake news photos? Take the quiz to find out

    I teach and research the ethics of artificial intelligence (AI), including how we use and understand digital images.

    Many people ask how we can tell if an image has been changed, but that’s fast becoming too difficult. Instead, here I suggest a system where creators and users of images openly state what changes they’ve made. Any similar system will do, but new rules are needed if AI images are to be deployed ethically – at least among those who want to be trusted, especially media.

    Doing nothing isn’t an option, because what we believe about media affects how much we trust each other and our institutions. There are several ways forward. Clear labelling of photos is one of them.

    Deepfakes and fake news

    Photo manipulation was once the preserve of government propaganda teams, and later, expert users of Photoshop, the popular software for editing, altering or creating digital images.

    Today, digital photos are automatically subjected to colour-correcting filters on phones and cameras. Some social media tools automatically “prettify” users’ pictures of faces. Is a photo taken of oneself by oneself even real anymore?



    Read more:
    The use of deepfakes can sow doubt, creating confusion and distrust in viewers

    The basis of shared social understanding and consensus – trust regarding what one sees – is being eroded. This is accompanied by the apparent rise of untrustworthy (and often malicious) news reporting. We have new language for the situation: fake news (false reporting in general) and deepfakes (deliberately manipulated images, whether for waging war or garnering more social media followers).

    Misinformation campaigns using manipulated images can sway elections, deepen divisions, even incite violence. Scepticism towards trustworthy media has untethered ordinary people from fact-based accounting of events, and has fuelled conspiracy theories and fringe groups.

    Ethical questions

    A further problem for producers of images (personal or professional) is the difficulty of knowing what’s permissable. In a world of doctored images, is it acceptable to prettify yourself? How about editing an ex-partner out of a picture and posting it online?

    Would it matter if a well-respected western newspaper published a photo of Russian president Vladimir Putin pulling his face in disgust (an expression that he surely has made at some point, but of which no actual image has been captured, say) using AI?

    The ethical boundaries blur further in highly charged contexts. Does it matter if opposition political ads against then-presidential candidate Barack Obama in the US deliberately darkened his skin?

    Would generated images of dead bodies in Gaza be more palatable, perhaps more moral, than actual photographs of dead humans? Is a magazine cover showing a model digitally altered to unattainable beauty standards, while not declaring the level of photo manipulation, unethical?

    A fix

    Part of the solution to this social problem demands two simple and clear actions. First, declare that photo manipulation has taken place. Second, disclose what kind of photo manipulation was carried out.

    The first step is straightforward: in the same way pictures are published with author credits, a clear and unobtrusive “enhancement acknowledgement” or EA should be added to caption lines.



    Read more:
    AI isn’t what we should be worried about – it’s the humans controlling it

    The second is about how an image has been altered. Here I call for five “categories of manipulation” (not unlike a film rating). Accountability and clarity create an ethical foundation.

    The five categories could be:

    C – Corrected

    Edits that preserve the essence of the original photo while refining its overall clarity or aesthetic appeal – like colour balance (such as contrast) or lens distortion. Such corrections are often automated (for instance by smartphone cameras) but can be performed manually.

    E – Enhanced

    Alterations that are mainly about colour or tone adjustments. This extends to slight cosmetic retouching, like the removal of minor blemishes (such as acne) or the artificial addition of makeup, provided the edits don’t reshape physical features or objects. This includes all filters involving colour changes.

    B – Body manipulated

    This is flagged when a physical feature is altered. Changes in body shape, like slimming arms or enlarging shoulders, or the altering of skin or hair colour, fall under this category.

    O – Object manipulated

    This declares that the physical position of an object has been changed. A finger or limb moved, a vase added, a person edited out, a background element added or removed.

    G – Generated

    Entirely fabricated yet photorealistic depictions, such as a scene that never existed, must be flagged here. So, all images created digitally, including by generative AI, but limited to photographic depictions. (An AI-generated cartoon of the pope would be excluded, but a photo-like picture of the pontiff in a puffer jacket is rated G.)

    The suggested categories are value-blind: they are (or ought to be) triggered simply by the occurrence of any manipulation. So, colour filters applied to an image of a politician trigger an E category, whether the alteration makes the person appear friendlier or scarier. A critical feature for accepting a rating system like this is that it is transparent and unbiased.

    The CEBOG categories above aren’t fixed, there may be overlap: B (Body manipulated) might often imply E (Enhanced), for example.

    Feasibility

    Responsible photo manipulation software may automatically indicate to users the class of photo manipulation carried out. If needed it could watermark it, or it could simply capture it in the picture’s metadata (as with data about the source, owner or photographer). Automation could very well ensure ease of use, and perhaps reduce human error, encouraging consistent application across platforms.



    Read more:
    Can you spot a financial fake? How AI is raising our risks of billing fraud

    Of course, displaying the rating will ultimately be an editorial decision, and good users, like good editors, will do this responsibly, hopefully maintaining or improving the reputation of their images and publications. While one would hope that social media would buy into this kind of editorial ideal and encourage labelled images, much room for ambiguity and deception remains.

    The success of an initiative like this hinges on technology developers, media organisations and policymakers collaborating to create a shared commitment to transparency in digital media.

    Martin Bekker receives funding from the National Research Foundation in South Africa.

    – ref. How to tell if a photo’s fake? You probably can’t. That’s why new rules are needed – https://theconversation.com/how-to-tell-if-a-photos-fake-you-probably-cant-thats-why-new-rules-are-needed-252645

    MIL OSI –

  • MIL-OSI Submissions: How good are South African kids at maths? Trends from a global study

    Source: The Conversation – Africa – By Vijay Reddy, Distinguished Research Specialist, Human Sciences Research Council

    School mathematics in South Africa is often seen as a sign of the health of the education system more generally. Under the racial laws of apartheid, until 1994, African people were severely restricted from learning maths. Tracking the changes in maths performance is a measure of how far the country has travelled in overcoming past injustices. Maths is also an essential foundation for meeting the challenges of the future, like artificial intelligence, climate change, energy and sustainable development.

    Here, education researcher Vijay Reddy takes stock of South Africa’s mathematical capabilities. She reports on South African maths performance at grades 5 (primary school) and 9 (secondary school) in the Trends in International Mathematics and Science Study (TIMSS) and examines the gender gaps in mathematics achievement.

    What was unusual about the latest TIMSS study?

    The study is conducted every four years. South Africa has participated in it at the secondary phase since 1995 and at the primary phase since 2015. The period between the 2019 and 2023 cycles was characterised by the onset of the COVID-19 pandemic, social distancing and school closures.

    The Department of Basic Education estimated that an average of 152 school contact days were lost in 2020 and 2021. South Africa was among the countries with the highest school closures, along with Colombia, Costa Rica and Brazil. At the other end, European countries lost fewer than 50 days.

    Some academics measured the extent of learning losses for 2020 and 2021 school closures, but there were no models to estimate subsequent learning losses. We can get some clues of the effects on learning over four years, by comparing patterns within South Africa against the other countries.



    Read more:
    COVID learning losses: what South Africa’s education system must focus on to recover

    How did South African learners (and others) perform in the maths study?

    The South African grade 9 mathematics achievement improved by 8 points from 389 in TIMSS 2019 to 397 in 2023. From the trends to TIMSS 2019, we had predicted a mathematics score of 403 in 2023.

    For the 33 countries that participated in both the 2019 and 2023 secondary school TIMSS cycles, the average achievement decreased by 9 points from 491 in 2019 to 482 to 2023. Only three countries showed significant increases (United Arab Emirates, Romania and Sweden). There were no significant changes in 16 countries (including South Africa). There were significant decreases in 14 countries.

    Based on these numbers, it would seem, on the face of it at least, that South Africa weathered the COVID-19 losses better than half the other countries.

    However, the primary school result patterns were different. For South African children, there was a significant drop in mathematics achievement by 12 points, from 374 in 2019 to 362 in 2023. As expected, the highest decreases were in the poorer, no-fee schools.

    Of the 51 countries that participated in both TIMSS 2019 and 2023, the average mathematics achievement score over the two cycles was similar. There were no significant achievement changes in 22 countries, a significant increase in 15 countries, and a significant decrease in 14 countries (including South Africa).

    So, it seems that South African primary school learners suffered adverse learning effects over the two cycles.

    The increase in achievement in secondary school and decrease in primary school was unexpected. These reasons for the results may be that secondary school learners experienced more school support compared with primary schools, or were more mature and resilient, enabling them to recover from the learning losses experienced during COVID-19. Learners in primary schools, especially poorer schools, may have been more affected by the loss of school contact time and had less support to fully recover during this time.

    This pattern may also be due to poor reading and language skills as well as lack of familiarity with this type of test.

    Does gender make a difference?

    There is an extant literature indicating that globally boys are more likely to outperform girls in maths performance.

    But in South African primary schools, girls outscore boys in both mathematics and reading. Girls significantly outscored boys by an average of 29 points for mathematics (TIMSS) and by 49 points for reading in the 2021 Progress in International Reading Study, PIRLS.

    These patterns need further exploration. Of the 58 countries participating in TIMSS at primary schools, boys significantly outscored girls in 40 countries, and there were no achievement differences in 17 countries. South Africa was the only country where the girls significantly outscored boys. In Kenya, Zimbabwe, Zambia and Mozambique, the Southern and Eastern Africa Consortium for Monitoring Educational Quality (SEACMEQ) reading scores are similar for girls and boys, while the boys outscore girls in mathematics. In Botswana, girls outscore boys in reading and mathematics, but the gender difference is much smaller.

    In secondary schools, girls continue to outscore boys, but the gap drops to 8 points. Of the 42 TIMSS countries, boys significantly outscored girls in maths in 21 countries; there were no significant difference in 17 countries; and girls significantly outscored boys in only four countries (South Africa, Palestine, Oman, Bahrain).

    In summary, the South African primary school achievement trend relative to secondary school is unexpected and requires further investigation. It seems that as South African learners get older, they acquire better skills in how to learn, read and take tests to achieve better results. Results from lower grades should be used cautiously to predict subsequent educational outcomes.

    Unusually, in primary schools, there is a big gender difference for mathematics achievement favouring girls. The gender difference persists to grade 9, but the extent of the difference decreases. As learners, especially boys, progress through their education system they seem to make up their learning shortcomings and catch up.

    The national mathematics picture would look much better if boys and girls performed at the same level from primary school, suggesting the importance of interventions in primary schools, especially focusing on boys.

    Vijay Reddy received funding from the Department of Science, Technology and Innovation and Department of Basic Education.

    – ref. How good are South African kids at maths? Trends from a global study – https://theconversation.com/how-good-are-south-african-kids-at-maths-trends-from-a-global-study-251490

    MIL OSI –

  • MIL-OSI Russia: Interview: China’s Indigenous C909 Airliner Opens New Horizons in Regional Aviation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    SHANGHAI, June 30 (Xinhua) — China’s commercial jet airliner C909, formerly known as ARJ21, celebrated the ninth anniversary of its maiden flight on Saturday.

    The C909 is a turbofan regional airliner developed by China itself, seating 78 to 97 people and having a range of 2,225 km to 3,700 km. It complies with international civil aviation regulations and is the first of its kind independently developed by China.

    According to the data, a total of 166 C909 aircraft have been delivered to the market to date, serving more than 700 air routes and carrying more than 24 million passengers.

    The C909 was a breakthrough in the commercial operation of domestic jet airliners and explored the development path of the entire life cycle of Chinese-made commercial aircraft, Chen Yong, chief designer of the aircraft, told Xinhua News Agency.

    LINKING BORDER CITIES

    The C909 aircraft were first put into service in China’s border areas, including the Xinjiang Uygur Autonomous Region (XUAR, northwest China), the northeast region and the Inner Mongolia Autonomous Region (north China). By expanding the regional air route network, they improve travel convenience, support people’s mobility and stimulate local economic development.

    Since the C909’s debut in Xinjiang in June 2023, a total of 22 aircraft of this model have entered service, opening more than 120 routes and carrying more than 1.3 million passengers safely, according to Chen Yong, who is also the chief engineer of Commercial Aircraft Corporation of China (COMAC), the developer of the C909.

    In June 2025, when Xinjiang Uygur Autonomous Region entered its peak tourist season, four daily round-trip flights were launched between the popular cities of Kashi (Kashgar) and Yining. The flights are operated by C909 aircraft of Chengdu Airlines and China Express.

    “We have received positive feedback from various airlines, including Chengdu Airlines, which confirmed that in terms of performance, this model of aircraft is very well suited to operating conditions in regions such as Xinjiang,” Chen Yong said.

    In addition, these airliners have expanded the international route schedule. On October 26, 2019, the C909 launched its first international flight, connecting Harbin in northeast China and Vladivostok in Russia. The airline promotes economic, cultural and tourism exchanges and integration between cities on both sides of the border.

    MARKET EXPANSION TO SOUTHEAST ASIA

    On 18 April 2023, the C909 made its maiden flight in Indonesia, thus initiating regional inter-island routes and expanding services to cross-border trunk routes. Notably, the Manado-Guangzhou route, with a length of over 2,700 km, is the longest commercial route served by the C909 to date.

    Chen Yong believes that the advanced airport infrastructure, flexible route configuration and comfortable passenger conditions make the C909 particularly suitable for the operational needs of the Southeast Asian aviation market. The aircraft has pioneered a new business model for domestic passenger aircraft in the region: it is leased to airlines under dry lease and wet lease agreements.

    The term “dry lease” means the provision of only the aircraft by the lessor, while aircraft package leasing means the provision of not only the aircraft but also the flight crew, safety management, maintenance and operational control.

    For example, two C909 aircraft that Chengdu Airlines wet leased to Vietnam’s Vietjet Air operate daily flights from Hanoi and Ho Chi Minh City to Con Dao, respectively.

    “The runway length of Con Dao Airport is only 1,800 meters, and the sea serves as a natural boundary on both sides. This fully confirmed the C909’s short and narrow runway performance and its suitability for the humid climate of Southeast Asia,” Chen Yong added.

    Today, three Southeast Asian airlines – Indonesia’s TransNusa, Laos’ Lao Airlines and Vietnam’s Vietjet Air – operate a total of seven C909 aircraft. Fifteen new routes have been opened, providing air service between 18 cities, and the combined passenger traffic on these routes has exceeded 370,000 person-times.

    EXPANSION OF SERIAL PRODUCTION

    Developing variants of aircraft models is a characteristic feature of the commercial aviation industry. Currently, four variants of the C909 jet airliner are available to the public: a cargo aircraft, a command aircraft for emergency response, a medical aircraft, and a business jet.

    Chen Yong says the C909 cargo aircraft can meet various air cargo needs, covering the special cargo market, highland market and short-haul international cargo routes. The rescue command aircraft version can provide situational awareness, decision-making and coordination in disaster relief. Its versatility extends to applications such as transporting rescue forces and establishing temporary communication networks in disaster-stricken areas.

    The medical aircraft model is capable of performing rescue and air ambulance missions, as well as aeromedical transportation of patients. The business jet is flexible, efficient, quiet and comfortable. Its functionality package can be easily adjusted to meet specific customer requirements.

    “Over its nine-year operational history, the C909 has undergone a series of upgrades and optimizations. These modifications have been aimed at improving various aspects of the aircraft, including its performance, crew experience and passenger cabin comfort,” Chen Yong said. -0-

    MIL OSI Russia News –

  • MIL-OSI Europe: Christine Lagarde, Philip R. Lane: Opening remarks on the ECB strategy assessment press conference

    Source: European Central Bank

    Christine Lagarde, President of the ECB,
    Philip R. Lane, Member of the Executive Board of the ECB

    Sintra, 30 June 2025

    Good afternoon, ECB Chief Economist Philip Lane and I welcome you to this press conference, on the occasion of the conclusion of the 2025 assessment of our monetary policy strategy.

    The Governing Council recently agreed on an updated monetary policy strategy statement. You can find this statement on our website, together with an explanatory overview note and the two occasional papers presenting the underlying analyses.

    I will start by putting this strategy assessment into the broader context. Philip Lane will then go through the updated strategy statement and explain what has changed and why, as well as what has remained unchanged.

    Following the strategy review we carried out in 2020-21, the Governing Council committed to “assess periodically the appropriateness of its monetary policy strategy, with the next assessment expected in 2025”. Such regular assessments ensure that our framework, toolkit and approach remain fit for purpose in a changing world.

    And the world has changed significantly over the last four years. Some of the issues we were most concerned about back in 2021 – including inflation being too low for too long – have taken a rather different turn.

    Not only did we see inflation surge, but some fundamental structural features of our economy and the inflation environment are changing: geopolitics, digitalisation, the increasing use of artificial intelligence, demographics, the threat to environmental sustainability and the evolution of the international financial system.

    All of those suggest that the environment in which we operate will remain highly uncertain and potentially more volatile. This will make it more challenging to conduct our monetary policy and fulfil our mandate to keep prices stable.

    During the strategy assessment, we asked: what do these changes mean for the way we assess the economy, conduct our policy, use our toolkit, take our decisions and communicate them? In seeking to answer this question, our mindset was forward-looking.

    On the whole, we concluded that our monetary policy strategy remains well suited to addressing the challenges that lie ahead.

    But our strategy also needs to be updated and adjusted in certain areas, so that the ECB can remain fit for purpose in the years to come. The next assessment is expected in 2030.

    With our updated strategy statement, we are taking a comprehensive perspective on the challenges facing our monetary policy, so that the ECB can remain an anchor of stability in this more uncertain world.

    This is our core message to the euro area citizens we serve: the new environment gives many reasons to worry, but one thing they do not need to worry about is our commitment to price stability.

    The ECB is committed to its mandate and will keep itself and its tools updated to be able to respond to new challenges.

    Let me conclude by thanking, on behalf of the Governing Council, all the colleagues across the Eurosystem who have contributed to this assessment in a great team effort.

    I now hand over to our Chief Economist Philip Lane and, following his remarks, we will be ready to take your questions.

    MIL OSI Europe News –

  • MIL-OSI Europe: Christine Lagarde, Philip R. Lane: Opening remarks on the ECB strategy assessment press conference

    Source: European Central Bank

    Christine Lagarde, President of the ECB,
    Philip R. Lane, Member of the Executive Board of the ECB

    Sintra, 30 June 2025

    Good afternoon, ECB Chief Economist Philip Lane and I welcome you to this press conference, on the occasion of the conclusion of the 2025 assessment of our monetary policy strategy.

    The Governing Council recently agreed on an updated monetary policy strategy statement. You can find this statement on our website, together with an explanatory overview note and the two occasional papers presenting the underlying analyses.

    I will start by putting this strategy assessment into the broader context. Philip Lane will then go through the updated strategy statement and explain what has changed and why, as well as what has remained unchanged.

    Following the strategy review we carried out in 2020-21, the Governing Council committed to “assess periodically the appropriateness of its monetary policy strategy, with the next assessment expected in 2025”. Such regular assessments ensure that our framework, toolkit and approach remain fit for purpose in a changing world.

    And the world has changed significantly over the last four years. Some of the issues we were most concerned about back in 2021 – including inflation being too low for too long – have taken a rather different turn.

    Not only did we see inflation surge, but some fundamental structural features of our economy and the inflation environment are changing: geopolitics, digitalisation, the increasing use of artificial intelligence, demographics, the threat to environmental sustainability and the evolution of the international financial system.

    All of those suggest that the environment in which we operate will remain highly uncertain and potentially more volatile. This will make it more challenging to conduct our monetary policy and fulfil our mandate to keep prices stable.

    During the strategy assessment, we asked: what do these changes mean for the way we assess the economy, conduct our policy, use our toolkit, take our decisions and communicate them? In seeking to answer this question, our mindset was forward-looking.

    On the whole, we concluded that our monetary policy strategy remains well suited to addressing the challenges that lie ahead.

    But our strategy also needs to be updated and adjusted in certain areas, so that the ECB can remain fit for purpose in the years to come. The next assessment is expected in 2030.

    With our updated strategy statement, we are taking a comprehensive perspective on the challenges facing our monetary policy, so that the ECB can remain an anchor of stability in this more uncertain world.

    This is our core message to the euro area citizens we serve: the new environment gives many reasons to worry, but one thing they do not need to worry about is our commitment to price stability.

    The ECB is committed to its mandate and will keep itself and its tools updated to be able to respond to new challenges.

    Let me conclude by thanking, on behalf of the Governing Council, all the colleagues across the Eurosystem who have contributed to this assessment in a great team effort.

    I now hand over to our Chief Economist Philip Lane and, following his remarks, we will be ready to take your questions.

    MIL OSI Europe News –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 27 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 27 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,066,534 3.9053    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,066,534 3.9053    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 7,320 441.01p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 30 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 27 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 27 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,066,534 3.9053    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,066,534 3.9053    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 7,320 441.01p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 30 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Diginex’s AI-Driven Enhancements Poised to Accelerate Customer Adoption and Drive Revenue Growth

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 30, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced additional government funding support for its innovative AI-powered compliance solutions. Diginex’s AI-powered compliance solutions will continue to focus on helping companies comply with sustainability disclosure requirements set by the International Sustainability Standards Board (ISSB) and International Financial Reporting Standards (IFRS) and now with the enhanced scope of AI-powered compliance solutions will additionally offer features including multi-variant drafts, risk reduction through automation, future-proofing against new regulations as well as enhanced scalability for users of the Company’s ESG SaaS reporting product, diginexESG. Diginex’s expanded AI features will streamline ESG reporting processes, thereby empowering businesses and financial institutions to meet regulatory requirements efficiently while driving transparency in corporate social responsibility and climate action, and will be jointly developed with a leading financial institution through a co-creation collaboration model promoting commercialisation and wider adoption.

    The upgraded AI functionality of Diginex’s AI-powered compliance solutions is expected to further accelerate customer adoption, and thereby, contribute to Diginex’s revenue growth in 2025 and beyond. Industry research from Verdantix forecasts that the global market spend on ESG reporting software will grow from over $1.3 billion in 2023 to over $5.6 billion in 2029, at a CAGR of 26%. Diginex is well-positioned to capture this opportunity, combining its award-winning platform with blockchain, machine learning, and data analytics to deliver unparalleled value to clients worldwide.

    This latest recognition from the Hong Kong Monetary Authority (“HKMA”), which provides development stage funding support for innovative fintech projects, builds on the Company’s earlier selection in February 2025 by the Financial Services and the Treasury Bureau of Hong Kong (“FSTB”) for the Green and Sustainable Fintech PoC program, as well as Diginex’s 2023 HKMA award in the “Sustainability or Climate-related Disclosure and Reporting” category.

    “We are honored to receive this further recognition from the HKMA, which underscores our commitment to revolutionizing ESG reporting through AI-driven innovation,” said Mark Blick, CEO of Diginex Limited. “Our enhanced diginexESG platform is designed to meet the growing global demand for sustainable finance solutions, and this acknowledgment from a leading regulatory authority validates our mission to democratize sustainability compliance.”

    This latest recognition follows Diginex’s recently disclosed signing of a Memorandum of Understanding on June 5, 2025, for Diginex’s strategic acquisition of Resulticks Global Companies Pte. Limited, a global leader in AI-driven customer engagement and data management solutions, for $2 billion. This acquisition aims to enhance Diginex’s AI and data management capabilities, enabling hyper-personalized, real-time sustainability solutions across compliance, supply chain intelligence, and risk analytics. Additionally, Diginex has recently entered into strategic alliances with firms like Forvis Mazars, Russell Bedford International, and Baker Tilly Singapore to expand the distribution of its diginexESG and diginexLUMEN platforms.

    About Diginex

    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 17 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website:

    https://www.diginex.com/.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com 

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de 

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global 

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk 

    The MIL Network –

  • MIL-OSI: Lantronix Enters Into Cooperation Agreement With Investor Group Led by Chain of Lakes Investment Fund LLC

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX) (the “Company”), a global leader in compute and connectivity IoT solutions enabling Edge AI intelligence, today announced that it has entered into a cooperation agreement with Lantronix stockholders Chain of Lakes Investment Fund LLC (“Chain of Lakes”), Haluk L. Bayraktar and Emre Aciksoz. Under the terms of the agreement, James (Jim) C. Auker will be appointed to the Lantronix Board of Directors (the “Board”) and will be nominated for election at the Company’s 2025 Annual Meeting of Stockholders. The date of the Annual Meeting has not yet been announced.

    “Lantronix is committed to maximizing value for all Lantronix shareholders,” said Saleel Awsare, CEO and president of Lantronix. “We appreciate the constructive discussions with Chain of Lakes and are pleased to welcome Jim Auker to our Board. His perspective and experience will be valuable as we continue to execute on our strategic priorities.”

    “We value the collaborative approach taken by Saleel and the Lantronix Board to reach a positive outcome for the benefit of all Lantronix shareholders,” said Tim O’Connell, chief investment officer of Chain of Lakes. “We believe Jim Auker will be a strong addition to the Board and are confident his contributions will help guide Lantronix in its efforts to explore opportunities to enhance shareholder value.”

    Pursuant to their agreement with the Company, Chain of Lakes, Mr. Bayraktar and Mr. Aciksoz have agreed to customary standstill and voting commitments, among other provisions. The full agreement and required information in connection with the election of Mr. Auker to the Board will be filed with the U.S. Securities and Exchange Commission.

    About Lantronix

    Lantronix Inc. is a global leader in compute and connectivity IoT solutions that target high-growth industries, including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to achieve success in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    Forward-Looking Statements

    This news release contains forward-looking statements, including statements concerning management’s expectations about the future benefits of our entry into the cooperation agreement and the election of Mr. Auker to our Board. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. We have based our forward-looking statements on our current expectations and projections about trends affecting our business and industry and other future events. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. Forward-looking statements are subject to substantial risks and uncertainties that could cause our results or experiences, or future business, financial condition, results of operations or performance, to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. Other factors which could have a material adverse effect on our operations and future prospects or which could cause actual results to differ materially from our expectations include, but are not limited to: the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to a pandemic or similar outbreak, wars and recent conflicts in Europe, Asia and the Middle East, hostilities in the Red Sea, or other causes; our ability to successfully convert our backlog and current demand;  the impact of a pandemic or similar outbreak on our business, employees, customers, supply and distribution chains and the global economy; our ability to successfully implement our acquisition strategy or integrate acquired companies; uncertainty as to the future profitability of acquired businesses, and delays in the realization of, or the failure to realize, any accretion from acquisition transactions; acquiring, managing and integrating new operations, businesses or assets, and the associated diversion of management attention or other related costs or difficulties; our ability to continue to generate revenue from products sold into mature markets; our ability to develop, market, and sell new products; our ability to succeed with our new software offerings; our use of AI may result in reputational, competitive or financial harm and liability; fluctuations in our revenue due to the project-based timing of orders from certain customers; unpredictable timing of our revenues due to the lengthy sales cycle for our products and services and potential delays in customer completion of projects; our ability to accurately forecast future demand for our products; delays in qualifying revisions of existing products; constraints or delays in the supply of, or quality control issues with, certain materials or components; difficulties associated with the delivery, quality or cost of our products from our contract manufacturers or suppliers; risks related to the outsourcing of manufacturing and international operations; difficulties associated with our distributors or resellers; intense competition in our industry and resultant downward price pressure; rises in inventory levels and inventory obsolescence; undetected software or hardware errors or defects in our products; cybersecurity risks; our ability to obtain appropriate industry certifications or approvals from governmental regulatory bodies; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to protect patents and other proprietary rights and avoid infringement of others’ proprietary technology rights; issues relating to the stability of our financial and banking institutions and relationships; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; the impact of rising interest rates; our ability to attract and retain qualified management; and any additional factors included in our Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report; in our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2025, filed with the SEC on May 9, 2025, including in the section entitled “Risk Factors” in Item 1A of Part II of such report; and in our other public filings with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Important Additional Information Regarding Proxy Solicitation

    We intend to file a proxy statement and proxy card with the SEC in connection with the solicitation of proxies for our 2025 Annual Meeting of Stockholders (the “Proxy Statement” and such meeting, the “2025 Annual Meeting”). The Company, our directors and certain of our executive officers are participants in the solicitation. Information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Proxy Statement and other relevant documents to be filed with the SEC.

    Additional information regarding the participants and their respective interests in the Company by security holdings or otherwise is set forth under the captions “Corporate Governance and Board Matters,” “Executive Compensation” and “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” in our proxy statement for the 2024 Annual Meeting of Stockholders, filed with the SEC on Sept.30, 2024 (the “2024 Proxy Statement”) and available at sec.gov/Archives/edgar/data/1114925/000114036124042340/ny20032265x1_def14a.htm.

    To the extent holdings of such participants in our securities have changed since the amounts described in the 2024 Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. Details concerning the nominees of our Board of Directors for election at the 2025 Annual Meeting will be included in the Proxy Statement. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING THE COMPANY’S DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING PROXY CARD AND ANY AMENDMENTS AND SUPPLEMENTS THERETO BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. These documents, including the definitive Proxy Statement (and any amendments or supplements thereto) and other documents filed by us with the SEC, are available for no charge at the SEC’s website at http://www.sec.gov and at our investor relations website at https://www.lantronix.com/investor-relations/sec-filings.

    © 2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com
    949-212-0960

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: POET Technologies Provides Results of 2025 Annual General and Special Meeting

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 30, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets today reported the voting results of its Annual General and Special Meeting (the ”Meeting” or “AGSM”), which was held virtually on Friday, June 27, 2025.

    The Company’s VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET’s Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which included the approval of all proposals outlined in the Company’s management information circular and voting material as previously distributed to shareholders.

    Following the completion of the formal business portion of the Meeting, the Company presented a video highlighting the transformation of its operations—from product development through to manufacturing. This was followed by a presentation from Chief Executive Officer Dr. Suresh Venkatesan, who provided an overview of the Company’s 2024 activities and outlined near-term opportunities. A brief Q&A session concluded the presentations.

    The video presentation can be accessed from the Company’s website at: https://poet-technologies.com/videos.

    AGSM Voting Results Summary
    A detailed Report on Voting Results of the AGSM follows. In summary, the shareholders of the Company approved the following proposals:

    • Re-election of Suresh Venkatesan, Jean-Louis Malinge, Theresa Lan Ende, Glen Riley and Robert “Bob” Tirva as directors, with no director receiving less than 94% of the votes cast;
    • Appointment of Davidson & Company LLP as the Company’s auditors by 96% of the votes cast;
    • Approval of the Corporation’s Omnibus Equity Incentive Plan by 84% of the votes cast, which included an increase in the number of awards available to 17,007,771, representing 20% of the 85,022,787 common shares issued at the time of the meeting.

    Detailed Report of AGSM Voting Results
    In accordance with section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, this report briefly describes the matters voted upon and the outcome of the votes at the annual general and special meeting of shareholders of POET Technologies Inc. (the “Company“) held virtually via the MEETNOW.GlOBAL platform on June 27, 2025 (the “Meeting“). Each of the matters is described in greater detail in the Company’s management information circular dated May 1, 2025 (the “Circular“)

    1.      Election of Directors.

    Each of the nominees set for in the Circular were elected as directors to serve until the next annual meeting of shareholders, or until their respective successors are elected or appointed. The following table sets forth the vote of the shareholders at the Meeting with respect to the election of directors:

    Nominee For Withheld
    Number of Votes Percentage of Votes Number of Votes Percentage of Votes
    Glen Riley 6,475,012 94.43% 382,060 5.57%
    Jean-Louis Malinge 6,573,485 95.86% 283,586 4.14%
    Robert “Bob” Tirva 6,557,820 95.64% 299,251 4.36%
    Suresh Venkatesan 6,645,609 96.92% 211,462 3.08%
    Theresa Lan Ende 6,541,010 95.39% 316,061 4.61%
             

    2.      Appointment of Davidson & Company LLP.

    The Company’s shareholders approved the appointment of Davidson & Company LLP as auditors of the Company to hold office until the close of the next annual meeting of shareholders of the Company at such remuneration as may be fixed by the directors of the Company. The following table sets forth the vote of the shareholders at the Meeting with respect to the appointment of Davidson & Company LLP:

    For Withheld
    Number of Votes Percentage of Votes Number of Votes Percentage of Votes
    20,178,708 95.67% 914,338 4.33%
           

    3.      Amendment to Omnibus Plan

    The Company’s shareholders approved by an ordinary resolution an amendment to the Company’s omnibus equity incentive plan (the “Omnibus Plan”). The following table sets forth the vote of the shareholders at the Meeting with respect to the Omnibus Plan:

    For Against
    Number of Votes Percentage of Votes Number of Votes Percentage of Votes
    5,786,541 84.39% 1,070,529 15.61%
           

    The Company had 85,022,787 issued and outstanding shares at the time of the meeting. The awards issuable under the Omnibus Plan has been amended to 17,007,771.

    Restricted Stock Units (“RSUs”)
    Following the AGSM, the POET Board of Directors met to elect officers and to determine RSU grants for directors. For their service on the Board of Directors until the next Annual General Meeting, the directors were granted a total of 72,340 RSUs which will vest on the first anniversary of the grant. Should a director resign prior to the first anniversary of the grant, the RSUs will be vested pro-rata based on the time served as a director from the date of grant to the date of resignation. The number of RSUs granted was based on the allocation of total compensation to equity, using a per share price of CAD$7.23, being the closing price of the Company’s shares on June 27, 2025. The cash portion of each director’s compensation is paid over four quarters. Both are paid in accordance with an established formula for director compensation. The RSUs were granted subject to provisions of the Company’s 2025 Omnibus Incentive Plan and are subject to the TSX Venture Exchange policies and applicable securities laws. For further details on the Company’s share capital, refer to the Company’s Financial Statements and MD&A for the three-months ended March 31, 2025, which may be found on SEDAR+ and EDGAR.

    About POET Technologies Inc.
    POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers.  POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems.  POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles.  POET is headquartered in Toronto, Canada, with operations in Shenzhen, China, Penang, Malaysia and Singapore.  More information about POET is available on our website at www.poet-technologies.com.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    120 Eglinton Avenue, East, Suite 1107, Toronto, ON, M4P 1E2- Tel: 416-368-9411 – Fax: 416-322-5075

    The MIL Network –

  • MIL-OSI USA: SPC Jun 30, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 300600

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0100 AM CDT Mon Jun 30 2025

    Valid 301200Z – 011200Z

    …THERE IS A MARGINAL RISK OF SEVERE THUNDERSTORMS ACROSS THE
    SOUTHERN PLAINS MIDWEST AND MID ATLANTIC AS WELL AS THE NORTHWEST…

    …SUMMARY…
    Scattered strong to severe thunderstorms remain possible across
    parts of the southern Plains, Ohio Valley, Midwest and the
    Mid-Atlantic today. A couple of severe thunderstorms also cannot be
    ruled out over parts of the Pacific Northwest.

    …Synopsis…
    A broad upper trough is forecast to intensify as it moves
    southeastward across the Great Lakes and Midwest through tonight. At
    the same time, sub-tropical ridging will build over the Plains,
    keeping stronger flow aloft displaced to the north. To the west of
    the ridge, an upper low will overspread portions of the West Coast.
    At the surface, a weak cold front will sag southward from the
    Midwest to the southern Plains. Numerous thunderstorms are likely
    ahead of the front with isolated damaging gusts and hail possible.

    …Midwest and Great lakes…
    Ahead of the slow-moving cold front, rich low-level moisture with
    dewpoints in the 70s F will be in place from MO/IL into Lower MI. A
    messy surface pattern, with multiple remnant outflows and cloud
    debris will likely modulate diurnal heating to some degree through
    the early afternoon. With little inhibition, scattered to numerous
    thunderstorms are expected by mid afternoon as ascent from the
    approaching upper trough overspreads the unstable air mass. Several
    loosely organized bands or clusters of strong pulse storms are
    likely. Weak mid-level flow and poor lapse rates suggests minimal
    potential for greater storm organization. Though high PWATS near 2
    inches will support heavy water loading and microburst potential,
    with the stronger storms.

    …OH valley to the Mid Atlantic…
    A similar pattern to the Midwest, with somewhat higher storm
    coverage, is expected from OH eastward into PA and the Mid Atlantic.
    Scattered to numerous thunderstorms should develop by late morning
    amid strong surface heating ahead of a subtle shortwave trough over
    the OH valley. 20-30 kt of mid-level flow could support some
    clustering of storms by early afternoon. Despite mediocre mid-level
    lapse rates less than 6 C/km, the high PWAT air mass and some
    consolidation of outflows could support isolated damaging wind
    potential across eastern OH, southern NY into PA and the Mid
    Atlantic states.

    …Southern Plains to the Ozarks…
    Scattered thunderstorms should develop by mid afternoon ahead of
    sagging cold front from the TX Panhandle across the southern Plains
    and western Ozarks. Beneath the northern fringes of the building sub
    tropical high, strong heating and rich boundary-layer moisture will
    support large buoyancy (MLCAPE (3000-4000 J/kg). Scattered
    thunderstorm development is likely ahead of the front, and along
    remnant outflows from overnight convection. Despite modest vertical
    wind shear, the large buoyancy may still support occasional strong
    to severe storms with the primary risk of damaging gusts and
    occasional hail.

    …Northern CA into southern OR…
    Ahead of the weak upper low over southern CA, southerly flow will
    aid in increasing mid-level moisture across parts of northern CA and
    southern OR. Ample heating, weak synoptic ascent and typical
    terrain-induced circulations will encourage scattered high-based
    thunderstorm development through the afternoon. Nearly dry adiabatic
    lapse rates from deep mixing of the boundary layer to near 500mb
    will favor strong downdrafts capable of isolated severe wind gusts.
    MUCAPE (~1000 J/kg) and 20-30 kt of southerly shear, may also
    support marginally severe hail with the strongest cores.

    ..Lyons/Darrow.. 06/30/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    NOTE: THE NEXT DAY 1 OUTLOOK IS SCHEDULED BY 1300Z

    MIL OSI USA News –