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.
The U.S. net international investment position,the difference between U.S. residents’ foreign financial assets and liabilities, was –$24.61 trillion at the end of the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis (chart 1). Assets totaled $36.85 trillion, and liabilities were $61.47 trillion (chart 2). At the end of the fourth quarter of 2024, the net investment position was –$26.54 trillion (revised). The net investment position and components of assets and liabilities are presented in table 1.
The $1.92 trillion change in the net investment position from the fourth quarter of 2024 to the first quarter of 2025 came from net financial transactions of –$277.5 billion and net other changes in position, such as price and exchange-rate changes, of $2.20 trillion (table 2).
Price changes of $1.73 trillion reflected price increases for assets and price decreases for liabilities, as foreign stock prices outperformed U.S. stock prices.
Exchange-rate changes of $472.5 billion reflected foreign currency appreciation against the U.S. dollar, which raised the value of U.S. assets more than U.S. liabilities in dollar terms.
U.S. assets increased by $1.13 trillion to a total of $36.85 trillion at the end of the first quarter, driven mainly by financial transactions of $548.0 billion that largely reflected increased U.S. short-term lending abroad in the form of resale agreements, and by exchange-rate changes of $528.4 billion that reflected the appreciation of foreign currencies against the U.S. dollar (table 2). All major investment categories of assets, except financial derivatives, increased in the first quarter (chart 3).
U.S. liabilities decreased by $792.0 billion to a total of $61.47 trillion at the end of the first quarter, driven by U.S. stock price decreases that lowered the market value of direct investment and portfolio investment liabilities by $836.4 billion and by $734.6 billion, respectively (table 2). Partly offsetting these price decreases were financial transactions of $844.8 billion that mostly reflected foreign purchases of U.S. debt securities and “other investment” inflows of deposits and loans. All major investment categories of liabilities except other investment decreased in the first quarter (chart 4).
Annual Update of the U.S. International Investment Position Accounts
The statistics in this release reflect the annual update of the U.S. International Investment Position Accounts. With this update, BEA has incorporated newly available and revised source data for 2022–2024 (table 3).
In addition, BEA has incorporated new statistics for transactions and positions related to a repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) that was established by the Federal Reserve in March 2020. The FIMA Repo Facility was designed to address pressures in global dollar funding markets that could affect financial market conditions in the United States. These transactions and positions are recorded as U.S. deposits in the central bank sector of other investment assets in the U.S. International Transactions Accounts and International Investment Position Accounts statistics, beginning with 2022.
Newly Available and Revised Source Data: Key Providers and Years Affected
Agency
Data
Years affected
U.S. Bureau of Economic Analysis
Benchmark, annual, and quarterly direct investment surveys (direct investment and other investment assets and liabilities)
2022–2024
U.S. Department of the Treasury
Aggregate Holdings, Purchases and Sales, and Fair Value Changes of Long-Term Securities by U.S. and Foreign Residents (portfolio investment assets and liabilities)
2022–2024
Foreign-Residents’ Holdings of U.S. Securities, Including Selected Money Market Instruments (portfolio investment liabilities)
2024
U.S. Ownership of Foreign Securities, Including Selected Money Market Instruments (portfolio investment assets)
2023
Reports by Financial Institutions of Liabilities to, and Claims on, Foreign Residents by U.S. Residents (portfolio investment and other investment assets and liabilities)
2022–2024
Reports of Liabilities to, and Claims on, Unaffiliated Foreign Residents by U.S. Resident Non-Financial Institutions (portfolio investment and other investment assets and liabilities)
2022–2024
Reports of Holdings of, and Transactions in, Financial Derivatives Contracts with Foreign Residents (financial derivatives assets and liabilities)
2023–2024
More information on the annual update is available in “Preview of the 2025 Annual Update of the International Economic Accounts” in the Survey of Current Business, and additional information will be published in July in the Survey.
For resources, definitions, and more, visit “Additional Information.”
Next release: September 29, 2025, at 8:30 a.m. EDT U.S. International Investment Position, 2nd Quarter 2025
The U.S. net international investment position,the difference between U.S. residents’ foreign financial assets and liabilities, was –$24.61 trillion at the end of the first quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis (chart 1). Assets totaled $36.85 trillion, and liabilities were $61.47 trillion (chart 2). At the end of the fourth quarter of 2024, the net investment position was –$26.54 trillion (revised). The net investment position and components of assets and liabilities are presented in table 1.
The $1.92 trillion change in the net investment position from the fourth quarter of 2024 to the first quarter of 2025 came from net financial transactions of –$277.5 billion and net other changes in position, such as price and exchange-rate changes, of $2.20 trillion (table 2).
Price changes of $1.73 trillion reflected price increases for assets and price decreases for liabilities, as foreign stock prices outperformed U.S. stock prices.
Exchange-rate changes of $472.5 billion reflected foreign currency appreciation against the U.S. dollar, which raised the value of U.S. assets more than U.S. liabilities in dollar terms.
U.S. assets increased by $1.13 trillion to a total of $36.85 trillion at the end of the first quarter, driven mainly by financial transactions of $548.0 billion that largely reflected increased U.S. short-term lending abroad in the form of resale agreements, and by exchange-rate changes of $528.4 billion that reflected the appreciation of foreign currencies against the U.S. dollar (table 2). All major investment categories of assets, except financial derivatives, increased in the first quarter (chart 3).
U.S. liabilities decreased by $792.0 billion to a total of $61.47 trillion at the end of the first quarter, driven by U.S. stock price decreases that lowered the market value of direct investment and portfolio investment liabilities by $836.4 billion and by $734.6 billion, respectively (table 2). Partly offsetting these price decreases were financial transactions of $844.8 billion that mostly reflected foreign purchases of U.S. debt securities and “other investment” inflows of deposits and loans. All major investment categories of liabilities except other investment decreased in the first quarter (chart 4).
Annual Update of the U.S. International Investment Position Accounts
The statistics in this release reflect the annual update of the U.S. International Investment Position Accounts. With this update, BEA has incorporated newly available and revised source data for 2022–2024 (table 3).
In addition, BEA has incorporated new statistics for transactions and positions related to a repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) that was established by the Federal Reserve in March 2020. The FIMA Repo Facility was designed to address pressures in global dollar funding markets that could affect financial market conditions in the United States. These transactions and positions are recorded as U.S. deposits in the central bank sector of other investment assets in the U.S. International Transactions Accounts and International Investment Position Accounts statistics, beginning with 2022.
Newly Available and Revised Source Data: Key Providers and Years Affected
Agency
Data
Years affected
U.S. Bureau of Economic Analysis
Benchmark, annual, and quarterly direct investment surveys (direct investment and other investment assets and liabilities)
2022–2024
U.S. Department of the Treasury
Aggregate Holdings, Purchases and Sales, and Fair Value Changes of Long-Term Securities by U.S. and Foreign Residents (portfolio investment assets and liabilities)
2022–2024
Foreign-Residents’ Holdings of U.S. Securities, Including Selected Money Market Instruments (portfolio investment liabilities)
2024
U.S. Ownership of Foreign Securities, Including Selected Money Market Instruments (portfolio investment assets)
2023
Reports by Financial Institutions of Liabilities to, and Claims on, Foreign Residents by U.S. Residents (portfolio investment and other investment assets and liabilities)
2022–2024
Reports of Liabilities to, and Claims on, Unaffiliated Foreign Residents by U.S. Resident Non-Financial Institutions (portfolio investment and other investment assets and liabilities)
2022–2024
Reports of Holdings of, and Transactions in, Financial Derivatives Contracts with Foreign Residents (financial derivatives assets and liabilities)
2023–2024
More information on the annual update is available in “Preview of the 2025 Annual Update of the International Economic Accounts” in the Survey of Current Business, and additional information will be published in July in the Survey.
For resources, definitions, and more, visit “Additional Information.”
Next release: September 29, 2025, at 8:30 a.m. EDT U.S. International Investment Position, 2nd Quarter 2025
This new portable Launch Monitor by TruGolf is simple to use, compatible with PC and iOS Devices, and utilizes advanced hyper-speed camera technology to measure ball data inside and outdoors.
Salt Lake City, Utah, June 30, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, has announced that its highly anticipated portable launch monitor, LaunchBox, will be available globally on July 1, 2025. This sleek, camera-based launch monitor delivers professional-grade accuracy at a price point that opens the door to millions of golfers around the world.
“LaunchBox offers tour-level precision in a portable package that is truly affordable for everyday golfers,” said Doug Bybee, Chief Revenue Officer at TruGolf. “Whether you’re a weekend warrior trying to drop a few strokes, or an elite player working on shot consistency, LaunchBox gives you the tools the pros rely on — without breaking the bank. We are thrilled to introduce this product and its features to all markets around the world.”
Disrupting the $300M launch monitor market*
For the first time in TruGolf’s 40-year history, the company is entering the high-growth, high-volume portable simulator space. Priced for accessibility, LaunchBox empowers TruGolf to compete directly in a global market of millions of home users, and driving range regulars—without sacrificing the accuracy or realism the brand is known for.
“LaunchBox is a major step forward—not just for TruGolf, but for the game itself,” said Nate Larsen, Chief Experience Officer at TruGolf. “We’re delivering tour-level performance and accuracy to all golfers, whether they’re practicing in the backyard or playing one of the thousands of golf courses available to play in E6 APEX. LaunchBox positions us to compete in the fast-growing consumer golf tech market while expanding our digital ecosystem through subscription-based software. It also brings our IBM partnership into sharper focus, with E6 APEX powered by IBM watsonx.ai to deliver smarter, more immersive golf experiences. It’s a proud moment for our team—and a big win for golfers everywhere.”
A New Era of Golf Performance + Entertainment
Fully integrated with E6 APEX, TruGolf’s next-gen simulation platform, LaunchBox unlocks a full suite of features:
Club Fitting + Bag Mapping
1,500+ Virtual Golf Courses (with new content monthly)
Gamified Practice + Improvement Challenges
Broadcast-Quality Commentary, powered by IBM watsonx.ai
Geospatial Mapping, GPS integration, and ultra-realistic course accuracy
No Markers. No Special Balls. Just Incredible Data.
LaunchBox leverages ultra high-speed cameras and infrared sensors to deliver 12+ key Shot metrics—without any stickers, special balls, or calibration. Its intuitive display and lightweight form factor make it ideal for use in the garage, backyard, or on the range using a mat. LaunchBox starts at $2,200 with available add-on Software and Golf Simulator Enclosure upgrades.
The system connects wirelessly via 5GHz Wi-Fi to PCs or iOS devices, ensuring seamless performance at home or on the go.
*As per June 2025 Business Research Insight’s Golf Launch Monitor Report
About TruGolf, Inc.
Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.
Forward-Looking Statements
This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Forward-looking statements include, without limitation, the timing of the reverse stock split. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.
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.
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.
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Stan Guzik joins Equiniti as Chief Technology Officer of Shareholder Services, reporting to CEO Dan Kramer.
Stan brings significant global financial and technology expertise, serving in executive and advisory roles across industry leading firms.
Stan will lead the 1,000-person global technology team responsible for enabling Equiniti’s business growth, transformation, and client service.
NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Equiniti (EQ), a global leader in shareholder services, today announced the appointment of Stan Guzik as Chief Technology Officer (CTO) of Shareholder Services, effective immediately. He will report to Dan Kramer, Chief Executive Officer, and will join the Shareholder Services Operating Committee.
In this role, Guzik will lead EQ’s 1,000-person global technology team, driving innovation, accelerating digital transformation, and enhancing the client experience.
A seasoned executive with deep global experience, Guzik brings a strong track record of leading technology teams at scale and delivering modern, secure platforms for some of the world’s most respected financial institutions. Most recently, he served as Chief Technology Officer for S&P Dow Jones Indices. Over his tenure at S&P Global, Stan led several digital overhauls that transformed S&P Global products and teams around the world. Prior to that, Guzik spent more than a decade at Thomson Reuters, where he spearheaded the building and scaling of the company’s flagship platforms to serve its international employees and customer base.
“Stan’s appointment marks a defining moment in EQ’s evolution toward a product-led and client-centric future,” said Dan Kramer, CEO of Equiniti Shareholder Services. “He is one of the most accomplished technology leaders in our industry. Stan’s global perspective and record of turning bold ideas into secure, dependable platforms will power EQ’s next wave of innovation, and most importantly, elevate the service we deliver to our clients and shareholders around the world.”
Guzik joins Equiniti as the organization makes a significant investment in its technology to be a product-led, customer-centric company that provides best-in-class products and services, including a recently announced initiative to innovate its platforms. His appointment underscores Equiniti’s commitment to delivering integrated, tech-enabled shareholder services with efficiency, consistency and scale.
About EQ
EQ are specialists in helping you better understand and manage the ownership of your company through critical events across the corporate lifecycle. As trusted advisors, we provide strategic insight and operations expertise through our core business units in Transfer Agent Services, Employee Plan Solutions, Proxy Services, Private Company Services, and Public Relations & Investor Relations Services.
Globally we serve more than 12,000 clients (49% of the FTSE 100 UK and 35% of the S&P 500), with over 20 million shareholders, through 7,500 employees in 19 markets around the world. Learn more at equiniti.com.
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.
Haifa, ISRAEL, June 30, 2025 (GLOBE NEWSWIRE) — Minovia Therapeutics Ltd. (“Minovia” or the “Company”), a clinical-stage biotechnology company developing novel therapies to treat mitochondrial diseases and combat age-related decline, announces that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to the Company’s lead investigational compound, MNV-201. The FDA has also granted Rare Pediatric Disease Designation to MNV-201, which is in Phase 2 clinical trials for the treatment of Pearson Syndrome, an ultra-rare and life-threatening mitochondrial disorder affecting children.
“Both Fast Track Designation and Pediatric Rare Disease Designation are critical milestones for Minovia, as they strongly validate the clinical approach for our science, while also acknowledging the urgent need for new treatment options for Pearson Syndrome. Importantly, these FDA designations help us to decrease the potential time to market and provide additional benefits across the FDA process that will prove both medically and financially valuable,” said Minovia Co-founder and CEO, Natalie Yivgi-Ohana, Ph.D.
FDA’s Fast Track Designation is designed to accelerate the development and review of therapies for serious or life-threatening conditions with unmet medical need. The designation provides Minovia with the opportunity for increased FDA interactions, potential eligibility for priority review, and the opportunity for a rolling submission of a future Biologics License Application (BLA) for MNV-201. Concurrently, Rare Pediatric Disease Designation (RPD) is granted to drugs which are under development for rare childhood diseases and provides the Company with the potential to receive a pediatric priority review voucher (PRV) if the drug is initially approved for that rare childhood disease. A PRV grants the holder an expedited six-month review of a new drug application. PRVs are tradeable and have historically commanded prices in excess of US$100 million, although currently PRV programs are on hold awaiting reauthorization by Congress.
Minovia is currently conducting an IND-enabled Phase 2 clinical trial of MNV-201 in Pearson Syndrome. The Company is advancing interactions with the FDA to finalize a pivotal trial design and expects to initiate registrational studies in 2026.
The Company also recently announced entry into a definitive business combination agreement (the “Business Combination Agreement”) with Launch One Acquisition Corp. (Nasdaq: LPAA, “Launch One”), a publicly traded special purpose acquisition company. Following the expected closing of the transaction contemplated by this Business Combination Agreement (the “Business Combination”), projected for late 2025, the combined company will operate as Minovia Therapeutics and trade on Nasdaq under a new ticker symbol.
About MNV-201
MNV-201 is a first-in-class cell therapy that uses Minovia’s proprietary Mitochondrial Augmentation Technology (MAT) to add healthy, energy-producing mitochondria into a patient’s own stem cells — aiming to restore organ function and improve health. In early-stage clinical studies, MAT has demonstrated a strong safety profile and signs of multi-system benefit in patients with Pearson Syndrome, including improvements in growth, muscle function, hematologic stability, and improved quality of life.
About Pearson Syndrome
Pearson Syndrome is caused by large-scale deletions in mitochondrial DNA (mtDNA) that impair the energy-generating function of cells, leading to bone marrow failure, metabolic crises, and organ dysfunction. With no approved therapies, current care is purely supportive, and patients die during childhood.
About Minovia Therapeutics
Minovia Therapeutics, chaired by John Cox, is a clinical-state biotechnology company working on treatments to replace dead or defective mitochondria with new healthy mitochondria, helping people with mitochondrial diseases and fighting aging. Its main treatment, MNV-201, is already being tested for Pearson Syndrome and Myelodysplastic Syndrome. Minovia is also developing ways to help people live longer, healthier lives. Based in Haifa, Israel, where it operates a GMP facility for mitochondrial drug substance and drug product manufacturing for clinical trials related to its therapy, Minovia is expanding to the U.S. For more information, visit www.minoviatx.com.
About Launch One Acquisition Corp.
Launch One Acquisition Corp. is a company set up to merge with and take public an exciting business in healthcare or technology. Listed on Nasdaq under the ticker LPAA, Launch One is led by experienced leaders who want to support game-changing solutions. For more information, contact Jurgen van de Vyver at jurgen@launchpad.vc.
Additional Information and Where to Find It
In connection with the Business Combination and the Business Combination Agreement, among Launch One, Minovia and Mito US One Ltd., a newly formed Israeli company limited by shares (“Pubco”), and certain other parties named therein. Launch One and Minovia intend to file relevant materials with the U.S. Securities and Exchange Commission (“SEC”), including a Registration Statement on Form F-4 of Pubco (the “Registration Statement”), which will include a proxy statement/prospectus of Launch One, and will file other documents regarding the proposed Business Combination with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Launch One has filed or may file with the SEC in connection with the proposed Business Combination. The Registration Statement has not been filed or declared effective by the SEC. Following such filing and upon such declaration of effectiveness, the definitive proxy statement/prospectus contained within the Registration Statement and other relevant materials for the proposed Business Combination will be mailed or made available to stockholders of Launch One as of a record date to be established for voting on the proposed Business Combination.
Before making any voting or investment decision, investors and stockholders of Launch One are urged to carefully read, when they become available, the entire Registration Statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they will contain important information about Launch One, Minovia, Pubco and the proposed Business Combination. Launch One’s investors and stockholders and other interested persons will also be able to obtain copies of the Registration Statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that will be incorporated by reference therein, and all other relevant documents filed with the SEC by Launch One and/or Pubco in connection with the Business Combination, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Launch One or Minovia at the addresses set forth below.
Participants In the Solicitation
Launch One, Minovia, Pubco and their respective directors, executive officers, other members of management and employees may be deemed participants in the solicitation of proxies from Launch One’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names, and interests in the Business Combination, of Launch One’s directors and officers in Pubco’s and Launch One’s filings with the SEC, including, when filed with the SEC, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to Minovia’s directors and executive officers will also be included in the proxy statement/prospectus. You may obtain free copies of these documents as described above under the heading “Additional Information and Where to Find It.”
Non-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 the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Launch One, Pubco, or Minovia, 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 the Securities Act of 1933, as amended.
Forward-Looking Statements
This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Minovia’s, Launch One’s, or Pubco’s future financial or operating performance. For example, statements regarding the development and regulatory approval of MNV-201, the implications of Fast Track Designation, RPD and PRVs and the timing of future clinical trials or potential applications are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.
These forward-looking statements regarding future events and the future results of Minovia or Launch One are based on current expectations, estimates, forecasts, and projections about the industry in which Minovia or Launch One operates, as well as the beliefs and assumptions of Minovia’s and Launch One’s management. These forward-looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Launch One relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Launch One or Pubco; (ii) uncertainties; (iii) assumptions; and (v) other factors beyond Minovia’s or Launch One’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, Minovia’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and Minovia and Launch One therefore caution against relying on any of these forward-looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Minovia and its management, as the case may be, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond Minovia’s or Launch One’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement and any subsequent definitive agreements with respect to the Business Combination; (ii) the outcome of any legal proceedings that may be instituted against Launch One, Minovia, Pubco, or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain consents and approvals of the shareholders of Launch One and Minovia, to obtain financing to complete the Business Combination or to satisfy other conditions to closing, or delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Business Combination Agreement; (iv) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (v) projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, and the estimated implied enterprise value of Minovia; (vi) Minovia’s ability to scale and grow its business, and the advantages and expected growth of Minovia; (vii) Minovia’s ability to source and retain talent, and the cash position of Minovia following closing of the Business Combination; (viii) the ability to meet stock exchange listing standards in connection with, and following, the consummation of the Business Combination; (ix) the risk that the Business Combination disrupts current plans and operations of Minovia as a result of the announcement and consummation of the Business Combination; (x) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Minovia to grow and manage growth profitably, maintain key relationships and retain its management and key employees; (xi) costs related to the Business Combination; (xii) changes in applicable laws, regulations, political and economic developments; (xiii) the possibility that Minovia may be adversely affected by other economic, business and/or competitive factors; (xiv) Minovia’s estimates of expenses and profitability; (xv) the failure to realize estimated shareholder redemptions, purchase price and other adjustments; and (xvi) other risks and uncertainties set forth in the filings by Launch One and Minovia with the SEC. There may be additional risks that neither Launch One nor Minovia presently know or that Launch One and Minovia currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Launch One or Minovia speak only as of the date they are made. Neither Launch One nor Minovia undertakes any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statements are based.
Contact
Minovia Therapeutics Ltd. Natalie Yivgi Ohana, Co-Founder and CEO +972-74-7039954 info@minoviatx.com
Launch One Acquisition Corp. Jurgen van de Vyver jurgen@launchpad.vc +1-510-692-9600
Investor Relations Dave Gentry, CEO RedChip Companies +1-407-644-4256 LPAA@redchip.com
Investor Relations Jules Abraham Managing Director, Communications CORE IR 1-212-655-0924 Julesa@coreir.com
MoneyMutual offers a fast and reliable solution for U.S. borrowers with poor credit to access personal loans quickly and securely. At a time when traditional banks often reject applicants due to low credit scores, MoneyMutual provides a free, hassle-free alternative—designed especially for those who may have been denied in the past.
With support from a network of matching lenders and a smart loan-matching system, MoneyMutual connects users to flexible loan options in real time. Whether you’re facing an emergency or covering personal expenses, you can apply in just 3 minutes to access up to $5,000 in funding—with no hard credit check required.
MoneyMutual makes borrowing simple by connecting you with a trusted network of licensed lenders across the U.S. Unlike traditional banks that often reject applicants due to credit scores, MoneyMutual streamlines the loan process so you can access funds quickly—without the usual delays or hassles.
Key Benefits:
Borrow amounts ranging from $100 to $5,000
No hard credit checks—only soft inquiries that won’t affect your score
Approval based on income, not your credit history
100% online application—no paperwork or phone calls
Great for freelancers, gig workers, and those receiving benefits
Same-day deposits available for most approved loans
How to Apply for Bad Credit Loans in 2025
Step 1: Fill Out a Simple Form Visit MoneyMutual’s website and provide basic details such as your name, location, monthly income, and the loan amount you wish to borrow.
Step 2: Compare Loan Offers The system quickly matches you with multiple lenders and presents pre-approved offers—no credit score required.
Step 3: Select an Offer & Receive Funds Choose the offer that suits your needs, sign electronically, and receive your funds—often within hours.
Who Can Apply for Bad Credit Loans?
You’re eligible to apply if you meet the following basic requirements:
Are 18 years or older and a U.S. resident
Have a monthly income of at least $800 (from employment, side gigs, or benefits)
“Many people come to us after being denied by traditional banks due to credit challenges. We’re proud to offer a solution that gets them approved the same day—without judgment or red tape.” — MoneyMutual Spokesperson
“We often help gig workers and independent earners—like rideshare drivers—who struggle to qualify for bank loans. Our lenders focus on income, not credit scores, which makes a real difference.” — MoneyMutual Representative
Why MoneyMutual Is a Smart Choice in 2025
Today, millions of Americans face barriers to fair lending because of low credit scores, past debt, or non-traditional jobs. Banks often turn these individuals away. At MoneyMutual, we believe access to emergency funding should be simple, fast, and inclusive.
With MoneyMutual, you can apply for bad credit loans without a hard credit check. Whether you need a $500 payday loan with guaranteed approval or a $1,000 quick loan with no credit check, our platform connects you with lenders who base approvals on your income—not your past.
We also offer no credit check payday loans, ensuring your credit report won’t be impacted. Our network specializes in providing flexible funding options, with loan amounts from $100 to $5,000, and in many cases, same-day deposits.
Contact Information
Company Name: MoneyMutual
Email: customerservice@moneymutual.com
Phone: 844-276-2063
Mailing Address: 2510 E. Sunset Rd. Ste 6, #85 Las Vegas NV, 89120
Disclaimer & Affiliate Disclosure
This content is intended for informational and commercial purposes only. It should not be interpreted as financial, legal, or professional advice, nor does it represent an endorsement of any specific lender or loan product.
While we make every effort to ensure the accuracy and timeliness of the information provided, we do not guarantee its completeness or reliability. Readers are strongly encouraged to conduct independent research and consult licensed financial advisors, legal professionals, or other qualified experts before making financial decisions.
Important Disclosures:
Loan products mentioned may not be appropriate for all individuals.
Terms, conditions, and eligibility criteria vary by lender, applicant profile, and state regulations.
Loan approval is not guaranteed and depends on factors such as income, creditworthiness, residency, and identity verification.
This article may contain affiliate links. If you press on one and proceed with an application or purchase, we may earn a commission—at no additional cost to you. This compensation does not affect the objectivity or integrity of our content.
By using this content, you acknowledge and accept that the publisher, authors, affiliates, and third-party partners are not liable for any inaccuracies, omissions, or outcomes—including but not limited to loan rejections, contractual disputes, or financial impacts related to your use of the information provided.
Mentions of companies such as “MoneyMutual” are for informational and comparative purposes only and do not imply endorsement, affiliation, or partnership. For inquiries about specific loan products, please contact the lender directly via official channels.
All trademarks, brand names, and service marks are the property of their respective owners.
MoneyMutual offers a fast and reliable solution for U.S. borrowers with poor credit to access personal loans quickly and securely. At a time when traditional banks often reject applicants due to low credit scores, MoneyMutual provides a free, hassle-free alternative—designed especially for those who may have been denied in the past.
With support from a network of matching lenders and a smart loan-matching system, MoneyMutual connects users to flexible loan options in real time. Whether you’re facing an emergency or covering personal expenses, you can apply in just 3 minutes to access up to $5,000 in funding—with no hard credit check required.
MoneyMutual makes borrowing simple by connecting you with a trusted network of licensed lenders across the U.S. Unlike traditional banks that often reject applicants due to credit scores, MoneyMutual streamlines the loan process so you can access funds quickly—without the usual delays or hassles.
Key Benefits:
Borrow amounts ranging from $100 to $5,000
No hard credit checks—only soft inquiries that won’t affect your score
Approval based on income, not your credit history
100% online application—no paperwork or phone calls
Great for freelancers, gig workers, and those receiving benefits
Same-day deposits available for most approved loans
How to Apply for Bad Credit Loans in 2025
Step 1: Fill Out a Simple Form Visit MoneyMutual’s website and provide basic details such as your name, location, monthly income, and the loan amount you wish to borrow.
Step 2: Compare Loan Offers The system quickly matches you with multiple lenders and presents pre-approved offers—no credit score required.
Step 3: Select an Offer & Receive Funds Choose the offer that suits your needs, sign electronically, and receive your funds—often within hours.
Who Can Apply for Bad Credit Loans?
You’re eligible to apply if you meet the following basic requirements:
Are 18 years or older and a U.S. resident
Have a monthly income of at least $800 (from employment, side gigs, or benefits)
“Many people come to us after being denied by traditional banks due to credit challenges. We’re proud to offer a solution that gets them approved the same day—without judgment or red tape.” — MoneyMutual Spokesperson
“We often help gig workers and independent earners—like rideshare drivers—who struggle to qualify for bank loans. Our lenders focus on income, not credit scores, which makes a real difference.” — MoneyMutual Representative
Why MoneyMutual Is a Smart Choice in 2025
Today, millions of Americans face barriers to fair lending because of low credit scores, past debt, or non-traditional jobs. Banks often turn these individuals away. At MoneyMutual, we believe access to emergency funding should be simple, fast, and inclusive.
With MoneyMutual, you can apply for bad credit loans without a hard credit check. Whether you need a $500 payday loan with guaranteed approval or a $1,000 quick loan with no credit check, our platform connects you with lenders who base approvals on your income—not your past.
We also offer no credit check payday loans, ensuring your credit report won’t be impacted. Our network specializes in providing flexible funding options, with loan amounts from $100 to $5,000, and in many cases, same-day deposits.
Contact Information
Company Name: MoneyMutual
Email: customerservice@moneymutual.com
Phone: 844-276-2063
Mailing Address: 2510 E. Sunset Rd. Ste 6, #85 Las Vegas NV, 89120
Disclaimer & Affiliate Disclosure
This content is intended for informational and commercial purposes only. It should not be interpreted as financial, legal, or professional advice, nor does it represent an endorsement of any specific lender or loan product.
While we make every effort to ensure the accuracy and timeliness of the information provided, we do not guarantee its completeness or reliability. Readers are strongly encouraged to conduct independent research and consult licensed financial advisors, legal professionals, or other qualified experts before making financial decisions.
Important Disclosures:
Loan products mentioned may not be appropriate for all individuals.
Terms, conditions, and eligibility criteria vary by lender, applicant profile, and state regulations.
Loan approval is not guaranteed and depends on factors such as income, creditworthiness, residency, and identity verification.
This article may contain affiliate links. If you press on one and proceed with an application or purchase, we may earn a commission—at no additional cost to you. This compensation does not affect the objectivity or integrity of our content.
By using this content, you acknowledge and accept that the publisher, authors, affiliates, and third-party partners are not liable for any inaccuracies, omissions, or outcomes—including but not limited to loan rejections, contractual disputes, or financial impacts related to your use of the information provided.
Mentions of companies such as “MoneyMutual” are for informational and comparative purposes only and do not imply endorsement, affiliation, or partnership. For inquiries about specific loan products, please contact the lender directly via official channels.
All trademarks, brand names, and service marks are the property of their respective owners.
MoneyMutual offers a fast and reliable solution for U.S. borrowers with poor credit to access personal loans quickly and securely. At a time when traditional banks often reject applicants due to low credit scores, MoneyMutual provides a free, hassle-free alternative—designed especially for those who may have been denied in the past.
With support from a network of matching lenders and a smart loan-matching system, MoneyMutual connects users to flexible loan options in real time. Whether you’re facing an emergency or covering personal expenses, you can apply in just 3 minutes to access up to $5,000 in funding—with no hard credit check required.
MoneyMutual makes borrowing simple by connecting you with a trusted network of licensed lenders across the U.S. Unlike traditional banks that often reject applicants due to credit scores, MoneyMutual streamlines the loan process so you can access funds quickly—without the usual delays or hassles.
Key Benefits:
Borrow amounts ranging from $100 to $5,000
No hard credit checks—only soft inquiries that won’t affect your score
Approval based on income, not your credit history
100% online application—no paperwork or phone calls
Great for freelancers, gig workers, and those receiving benefits
Same-day deposits available for most approved loans
How to Apply for Bad Credit Loans in 2025
Step 1: Fill Out a Simple Form Visit MoneyMutual’s website and provide basic details such as your name, location, monthly income, and the loan amount you wish to borrow.
Step 2: Compare Loan Offers The system quickly matches you with multiple lenders and presents pre-approved offers—no credit score required.
Step 3: Select an Offer & Receive Funds Choose the offer that suits your needs, sign electronically, and receive your funds—often within hours.
Who Can Apply for Bad Credit Loans?
You’re eligible to apply if you meet the following basic requirements:
Are 18 years or older and a U.S. resident
Have a monthly income of at least $800 (from employment, side gigs, or benefits)
“Many people come to us after being denied by traditional banks due to credit challenges. We’re proud to offer a solution that gets them approved the same day—without judgment or red tape.” — MoneyMutual Spokesperson
“We often help gig workers and independent earners—like rideshare drivers—who struggle to qualify for bank loans. Our lenders focus on income, not credit scores, which makes a real difference.” — MoneyMutual Representative
Why MoneyMutual Is a Smart Choice in 2025
Today, millions of Americans face barriers to fair lending because of low credit scores, past debt, or non-traditional jobs. Banks often turn these individuals away. At MoneyMutual, we believe access to emergency funding should be simple, fast, and inclusive.
With MoneyMutual, you can apply for bad credit loans without a hard credit check. Whether you need a $500 payday loan with guaranteed approval or a $1,000 quick loan with no credit check, our platform connects you with lenders who base approvals on your income—not your past.
We also offer no credit check payday loans, ensuring your credit report won’t be impacted. Our network specializes in providing flexible funding options, with loan amounts from $100 to $5,000, and in many cases, same-day deposits.
Contact Information
Company Name: MoneyMutual
Email: customerservice@moneymutual.com
Phone: 844-276-2063
Mailing Address: 2510 E. Sunset Rd. Ste 6, #85 Las Vegas NV, 89120
Disclaimer & Affiliate Disclosure
This content is intended for informational and commercial purposes only. It should not be interpreted as financial, legal, or professional advice, nor does it represent an endorsement of any specific lender or loan product.
While we make every effort to ensure the accuracy and timeliness of the information provided, we do not guarantee its completeness or reliability. Readers are strongly encouraged to conduct independent research and consult licensed financial advisors, legal professionals, or other qualified experts before making financial decisions.
Important Disclosures:
Loan products mentioned may not be appropriate for all individuals.
Terms, conditions, and eligibility criteria vary by lender, applicant profile, and state regulations.
Loan approval is not guaranteed and depends on factors such as income, creditworthiness, residency, and identity verification.
This article may contain affiliate links. If you press on one and proceed with an application or purchase, we may earn a commission—at no additional cost to you. This compensation does not affect the objectivity or integrity of our content.
By using this content, you acknowledge and accept that the publisher, authors, affiliates, and third-party partners are not liable for any inaccuracies, omissions, or outcomes—including but not limited to loan rejections, contractual disputes, or financial impacts related to your use of the information provided.
Mentions of companies such as “MoneyMutual” are for informational and comparative purposes only and do not imply endorsement, affiliation, or partnership. For inquiries about specific loan products, please contact the lender directly via official channels.
All trademarks, brand names, and service marks are the property of their respective owners.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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
Manama, Bahrain – 30 June 2025: A delegation of officials from the Central Bank of Bahrain (CBB), led by H.E. the Governor Khalid Humaidan, visited Amazon Web Services (AWS) at its headquarters in London, United Kingdom. The delegation, which included Mr. Mohamed Abdulkarim, Executive Director – Corporate Services, Mr. Mohamed Al Sadek, Executive Director – Market Development and Mrs. Noora Abdulghani, Executive Director – Supervision, was welcomed by Ms. Tanuja Randery, Managing Director of AWS for Europe, the Middle East, and Africa (EMEA).
As part of the visit, the delegation participated in an executive briefing session that featured a series of presentations on various topics. These included emerging innovations contributing to the financial sector’s digital transformation, the role of advanced technologies in strengthening the supervisory and regulatory capabilities of central banks, and the strategic value of data analytics in unlocking business opportunities in financial services.
Commenting on the visit, H.E. Khalid Humaidan, Governor of the Central Bank of Bahrain, stated: “It was a pleasure to visit Amazon Web Services, a global leader in cloud solutions and data analytics. This engagement marks a crucial step in strengthening collaboration and exchanging knowledge and reflects our ongoing commitment to innovation and enhancing the financial services sector in Bahrain. It also underscores our determination to remain adaptive in a rapidly evolving financial services landscape, reinforcing our growth and stability mandate across the sector.”
By the end of the year, Erin Leigh Boughamer will have attended more the 50 weddings – 31 of them in 2025 and all of them since 2022.
It’s not that a tribe of friends are spontaneously making trips down the aisle, or even children of friends or friends of her children. It’s not that she’s stuck in a loop of invite after invite, caught in some practical joke or on a list of reception seat fillers.
Boughamer ’94 (SFA) is an event painter, a wedding artist who now makes a living by focusing on flowers and gowns, first dances and first looks. The artwork she produces for each couple is the gift of a lifetime, keepsakes meant to endure until death do they part.
At least one time, though, she was the gift, when a groom-to-be arranged for her to live-paint their first private dance as a token of affection for his bride.
Erin Leigh Boughamer ’94 (SFA) is a live event painter who has 31 weddings booked this year. (Contributed art)
“She started crying,” Boughamer says of the reveal. “The bride was walking through the reception room before the guests came in to look around at everything she had chosen for their decorations. She walked up to me thinking I was with the venue, when he looked at her and said, ‘This is my gift to you.’ Witnessing that beautiful little moment between the two of them was precious, and one I won’t soon forget.”
When Boughamer left UConn three decades ago with a degree in graphic design from the School of Fine Arts, event painting hadn’t yet become part of bridal vocabulary. People talked about videographers and photographers to document the day, not painters to encapsulate a single moment.
To ask her back then if she foresaw herself with a wardrobe of dressy pantsuits, each with at least a little dollop of acrylic paint on them, she’d have said no way. Then again, she might have said no way to some of the other professions she’s held along the way.
House stager. Interior designer. Children’s clothing designer. Private art teacher. Crafter on the green. Marketer. Public school teacher. Business owner. Entrepreneur. Gallery artist.
There might even be more, as she dabbled in small creative outlets through the years while staying home to raise her children. The last few, however, have been the most influential on her work today, all coming over the last 12 years as she set out on an unintentional quest to find her spark.
Reigniting That Flame
“Every time I go in the studio, whether I’m cleaning and organizing it, drawing and painting, or simply making sketches that aren’t a beautiful end product, just doing something, anything, I come out happy every single time,” Boughamer says. “I think we’re all like that. We all need to have some form of expression. We’ve gotten to the point where life is all work, family, house chores, go to bed, and do it again. We don’t allow ourselves the time or the space to express ourselves or be creative. I think even the simplest act of creating can keep us sane.”
Around 2013, Boughamer moved into the workforce full time when her two kids were older and took a job in network marketing selling health and wellness products, a job that was far from the world of art but nonetheless important to her future.
It’s where she learned branding, public speaking, and sales pitching. She learned how to approach people and how to talk to them. She learned how to sell someone something by sharing her story and building relationships. These were business skills that hadn’t been offered before, and it was a job that inadvertently gave her a business education.
So, when she came across the then-burgeoning paint-and-sip industry – those popular paint nights that usually involve a group of people noshing on hors d’oeurves and sipping beverages while being guided through a painting project – she’d gained the business know-how to move ahead with her own.
Paint Sip Fun became a near overnight success, Boughamer says, with she and 30 part-timers teaching sometimes two to three classes a day at restaurants, banquet halls, private residences, bars, and other places all around Connecticut and Massachusetts.
One class drew 198 students and required 10 assistants – and was the best time ever, she says.
What really makes my heart sing is that person coming in, saying, ‘I can’t even draw a straight line,’ and walking out two hours later saying, ‘I did that.’ That’s what really makes me happy, helping others to reignite that creative flame that lies dormant inside most of us. — Erin Leigh Boughamer ’94 (SFA)
“What really makes my heart sing is that person coming in, saying, ‘I can’t even draw a straight line,’ and walking out two hours later saying, ‘I did that.’ That’s what really makes me happy, helping others to reignite that creative flame that lies dormant inside most of us,” she says.
Back when she was selling health products, there was a point when Boughamer asked herself why that job. Was it to just to make money? Was it just to pay the bills? Was it to sharpen a business acumen? The answer boiled down to something pretty simple.
She found fulfillment in empowering others, whether to transform their bodies or draw a straight line.
“If you don’t have that drive, that passion, that fire, you’re going to fizzle out. I want to make an impact on other people’s lives,” she says of her impulse. “I want the woman who hasn’t done art since the third grade be amazed by what she’s created at the end of a class.”
Even as the pandemic put a temporary end to in-person group classes, each night for three months Boughamer got on social media at 6 p.m. to talk people through an art project with supplies they had at home.
This is how you can draw with a crayon. Here’s what a marker can do. Do you have a pencil? It’s a dream tool for blending and shading.
That maintained her clientele, who when they left their houses as pandemic restrictions lifted, clamored for her to open a physical studio, and while she did in Somers for about 18 months, Boughamer’s own life had taken a turn.
She’d gone back to school to earn a teaching degree and by now was working with school-aged children. Running a physical location while working full time proved incompatible, so she returned to the flexibility of a mobile paint-and-sip model.
And then, lightning struck while leading a class for a bridal party.
Taking It Seriously
“’Can you live paint my wedding?’” Boughamer says the bride-to-be asked her. “I was confused. ‘What are you talking about?’ She explained it to me, showed me pictures, and I agreed. Then, a couple people randomly found me in 2023, probably from a social post, and last year I decided to give it a go. 2024 was really my first year in the event painting business, as that’s when I created a website and started marketing at bridal shows.”
Last year brought her to 18 weddings, earning enough to outpace what she made as a public school teacher. This year has her at 31 weddings – three over Memorial Day weekend alone – and now contemplating whether to shift her professional efforts solely to Paint Sip Fun and Event Painting by Erin, along with some gallery work.
Erin Leigh Boughamer ’94 (SFA) is a live event painter who has 31 weddings booked this year. (Contributed art)
She also paints live at fundraisers and charity auctions, with her first on Nantucket last summer for the Great Harbor Yacht Club Foundation to help with its efforts to preserve Nantucket Harbor.
“It’s not that I don’t like teaching in schools, I do, I just want to build the businesses properly. I want to really set the foundation and proper business structure,” she says, adding that she’s on the hunt for a business coach to help.
Art was something gifted to Boughamer in part through genetics. Her grandmother: artist. Aunt: artist. Mom: crafty. Dad: encouraging, with a side of business savvy.
She started at UConn as a psychology major, earning a D and D- in those first two intro classes, mostly because she wasn’t interested in the subject matter. But her GPA was bolstered by the A+ in the elective art class she took.
“When I got home after freshman year, my dad sat me down and asked me why I wasn’t doing something with art. ‘Clearly, you’re good at it. You got an A+ in your elective drawing class. Why don’t you take it seriously?’ I looked at him and said, ‘I can do that?’ I didn’t know I could. From then on, it never stopped,” she says.
A couple years ago, Boughamer says she started to get restless and sought to find her art, the work that would show the world the contradictory bohemian and reserved parts of her personality, born of the free spirit side of her dad and the pearls-and-heels influence of her mom.
Erin Leigh Boughamer ’94 (SFA) exhibited her painting series, “Calming Chaos,” at The Jorgensen Gallery in March. (Courtesy of Molly Mia Photography & Film LLC)
The series that developed, “Calming Chaos,” puts on canvas her love for architectural, geometric shapes alongside a freeform, almost carefree style of painting. After hours, in her studio at home in Hampden, Massachusetts, she says one could find her literally throwing paint one minute and the next sitting with a ruler and compass.
“I had this series almost done, and I thought how poignant it would be if I could show it at the place where my whole art career began,” she says, explaining she called Emily Murray, alumni relations director at the UConn Foundation, with whom she’d worked before, to ask if UConn had a place.
The Jorgensen Gallery agreed, and in March, Boughamer, as Fine Art by Erin, returned to her alma mater as a gallery artist, having created several canvas pieces as large as 5-by-6-feet as showstoppers. She sold four artworks from the show to collectors in New York City.
The opening fed her soul, and now she’s in the thick of wedding season.
Capturing a Moment
“It’s kind of a throwback to the old days,” she says of live wedding painting. “Before the camera was invented, all couples had to remember their day was a painting. It’s almost full circle that way. Brides these days want an heirloom keepsake and instead of having a photo like we had, it’s a painting.”
Live wedding painting, while somewhat a new add-on to weddings in the Northeast, started to migrate from California about a decade ago, Boughamer says, working its way through the country, artist by artist, who now talk shop on social media about things like contract language and technique.
With her couples, though, Boughamer talks about what moment they want to preserve, but the answer to that oftentimes comes only after answering the second question.
Is it important to include the bride’s bouquet in the painting? If so, then the first dance in which the couple would be holding each other and not likely the bouquet, probably is out of contention. Is grandma’s pearl necklace an important detail? If so, the back of the couple’s heads or even a side view at the altar probably wouldn’t work so well.
Is there a visible tattoo that ought not be overlooked? Should the dogs somehow be set in the scene? How much of the architecture and décor of the barn, ballroom, reception hall, church, outdoor garden should be in the background? The bride has on a cape not a veil. Yes, the cape should be included, how can that be best emphasized?
“I ask these things for two reasons. First, this is something the couple is going to stare at the rest of their lives. Second, the very first bride was very particular and knew she wanted the dipping kiss pose because she was wearing Christian Louboutin red-bottom shoes and wanted them in the painting,” Boughamer says. “The painting has to be really tailored to exactly what the couple is looking for.”
Erin Leigh Boughamer ’94 (SFA) is a live event painter who has 26 weddings booked this year. She not only paints the wedding couple but also can sketch guest portraits. (Contributed art)
The betrothed also must decide if they want any of the other painting options Boughamer offers – guest paintings, 5-by-7-inch watercolor illustrations of each guest often given as favors, and collaborative paintings that engage the artistic efforts of guests in a sort of paint by number kind of way.
In one instance, the couple had restored an old truck together and mentioned to Boughamer there’s a special dirt road where they like to take it. So, she grabbed photos of the road and the truck and painted the focal point of the truck in the piece, sectioning off the rest of the canvas into little blocks for each guest to contribute.
One by one, she gives each guest an art lesson, handing them a palette of paint and instructing them exactly how to layer it on. Nervous guests who can’t even draw a straight line are reassured: it’s a very small area; no, they can’t mess it up. She won’t put red paint on the palette for a guest who’s painting the water in a beach scene.
An added bonus is a photograph of each guest in the act, pictures added to a guest-autographed book and given to the couple.
Boughamer relies on photographs for much of her live event work, taking pictures of the dogs to add in later, or the gardens, or the mountains in the distance, because most of the canvases get finished back in her studio – another 20 to 40 hours of work ahead.
“Some weddings are more quiet and more subdued, while some are just a flat-out party,” she says. “I enjoy all of them because I like being with people and interacting with guests. I have yet to be at a wedding where someone didn’t come talk to me and express amazement by what I do.”
Usually, guests remark that they can’t wait to see the final product, and since that’ll likely happen back in the studio, she gives blank note cards depicting the piece to each couple for use as thank yous.
People have an intrinsic desire to be creative, she says. Just watching a painting being done in real-time can be invigorating; it’s like watching the birth of something from nothing.
“We are creative creatures whether you’re creating dinner, creating a garden, creating a spreadsheet, or creating an outfit for the day. Everyone creates something, it doesn’t matter what. It’s our human nature to create,” she says.
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.
SINGAPORE, June 30, 2025 (GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the opening of a new office in Shanghai. As part of the Company’s global expansion strategy, Uni-Fuels has also established an office in Dubai, located near Fujairah, in April.
Centrally located in Lujiazui, the subsidiary Uni-Fuels (Shanghai) Co., Ltd., also known as Uni-Fuels Shanghai, marks a significant milestone for the Company, positioning it to meet the growing demand for reliable, sustainable marine fuel solutions across Asia. As home to the world’s busiest container port, Shanghai serves as a vital maritime hub and gateway to global shipping. The establishment of this office reinforces the Company’s commitment to supporting customers and working partners with local expertise and global standards.
Speaking on the Company’s growing presence in Asia, Alan Tan, Senior Vice President, Commercial of Uni-Fuels, underscored, “Calibrated efforts to expand our geographical footprint reflect the Company’s dedication to being where our customers and suppliers operate. With this new office, we walk the talk of putting our customers first by leveraging expertise, enhanced operational reach and greater service responsiveness to better serve them. Our local team possesses a deep understanding of the Asian market, enabling us to respond nimbly to customers’ needs and the evolving dynamics in our operating landscape.”
“Close geographic ties enable more frequent face-to-face interactions with suppliers, which facilitate quicker problem-solving and support regional sourcing strategies that bolster supply chain resilience. Customers can look forward to an expanded offering of customer-centric solutions, enhanced operational support, and a broader supply network across global shipping routes.”
“As a growing player in the bunker industry, Shanghai is an excellent platform to gain access to real-time intelligence on fuel supply dynamics, regulatory changes, and emerging demand trends that are essential for proactive and efficient fuel procurement,” added Mr. Tan.
Anchored in an ongoing expansion plan, Uni-Fuels is actively forging robust regional partnerships and deepening access in key marine fuel hubs. Moving ahead, the Company continues to play an integral role in the maritime value chain, shaping sustainable bunkering solutions and empowering ship operators with diverse, efficient fuel options that meet the needs of the nascent maritime sector.
About Uni-Fuels Holdings Limited
Uni-Fuels is a fast-growing global provider of marine fuel solutions, helping shipping companies optimize fuel procurement across all markets and time zones. Founded in 2021, Uni-Fuels has evolved from modest beginnings into a dynamic, forward-thinking company. Backed by a passionate team and a growing presence across multiple locations, it has forged trusted partnerships with customers, supporting them in achieving their operational objectives with confidence, from shore to shore.
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Uni-Fuels’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the Company’s annual report on Form 20-F filed with the SEC on April 22, 2025. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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.
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.
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.
ORLANDO, Fla., June 30, 2025 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its (i) outstanding public warrants (the “public warrants”) and (ii) outstanding private placement warrants (the “private placement warrants” and, together with the public warrants, the “warrants”) to purchase shares of common stock, par value $0.0001 per share, of the Company (“common stock”). The Company’s common stock and public warrants are listed on the Nasdaq Capital Market under the symbols “ABL” and “ABLLW,” respectively. The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure and reduce the potential dilutive impact of the warrants, thereby providing the Company with more flexibility for financing its operations in the future.
Exchange Offer and Consent Solicitation Relating to Warrants
The Company is offering to all holders of the outstanding warrants the opportunity to receive 0.23 shares of common stock in exchange for each warrant tendered by the holder and exchanged pursuant to the Offer. Pursuant to the Offer, the Company is offering up to an aggregate of 4,743,381 shares of its common stock in exchange for the warrants. The offering period will continue until 11:59 p.m., Eastern Time, on July 29, 2025, or such later time and date to which the Company may extend (the “Expiration Date”), as described in the Company’s Schedule TO and Prospectus/Offer to Exchange (each as defined below). Tendered warrants may be withdrawn by holders at any time prior to the Expiration Date.
Concurrently with the Offer, the Company is also soliciting consents from holders of the public warrants to amend the warrant agreement that governs all of the warrants (the “Warrant Agreement”) to permit the Company to require that each warrant that is outstanding upon the closing of the Offer be exchanged for 0.207 shares of common stock, which is a ratio 10% less than the exchange ratio applicable to the Offer (such amendment, the “Warrant Amendment”). Pursuant to the terms of the Warrant Agreement, all except certain specified modifications or amendments require the vote or written consent of holders of at least 50% of the outstanding public warrants. Parties representing approximately 25% of our outstanding public warrants and 94% of our outstanding private placement warrants have agreed to tender their warrants in the Offer and to consent to the proposed Warrant Amendment in the Consent Solicitation pursuant to tender and support agreements. Accordingly, if holders of an additional approximately 25% of our outstanding public warrants agree to consent to the Warrant Amendment in the Consent Solicitation, and the other conditions described in the Offer and Consent Solicitation are satisfied or waived, then the Warrant Amendment will be adopted.
The Offer and Consent Solicitation are being made pursuant to a prospectus/offer to exchange, dated June 30, 2025 (the “Prospectus/Offer to Exchange”), and Schedule TO, dated June 30, 2025 (the “Schedule TO”), each of which has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and more fully sets forth the terms and conditions of the Offer and Consent Solicitation.
As of June 30, 2025, there were (i) 97,867,821 shares of common stock outstanding and (ii) a total of 20,623,395 warrants outstanding, including 11,723,395 public warrants and 8,900,000 private placement warrants. Assuming all warrant holders tender their warrants for exchange in the Offer, the Company would expect to issue up to 4,743,381 shares of common stock, resulting in 102,611,202 shares of common stock outstanding (an increase of approximately 5%), and no warrants outstanding.
D.F. King & Co., Inc. has been appointed as the information agent for the Offer and Consent Solicitation (the “Information Agent”), and Continental Stock Transfer & Trust Company has been appointed as the exchange agent (the “Exchange Agent”).
Important Additional Information Has Been Filed with the SEC
Copies of the Schedule TO and Prospectus/Offer to Exchange will be available free of charge at the website of the SEC at www.sec.gov. Requests for documents may also be directed to the Information Agent at (866) 796-3441 (for warrant holders) or (212) 257-2075 (for banks and brokers) or via the following email address: abacus@dfking.com. A registration statement on Form S-4 relating to the securities to be issued in the Offer has been filed with the SEC but has not yet become effective. Such securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This announcement is for informational purposes only and shall not constitute an offer to purchase or a solicitation of an offer to sell the warrants or an offer to sell or a solicitation of an offer to buy any shares of common stock in any state in which such offer, solicitation, or sale would be unlawful before registration or qualification under the laws of any such state. The Offer and Consent Solicitation are being made only through the Schedule TO and Prospectus/Offer to Exchange, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Schedule TO and Prospectus/Offer to Exchange.
Holders of the warrants are urged to read the Schedule TO and Prospectus/Offer to Exchange carefully before making any decision with respect to the Offer and Consent Solicitation because they contain important information, including the various terms of, and conditions to, the Offer and Consent Solicitation.
None of the Company, any of its management or its board of directors, or the Information Agent, or the Exchange Agent, makes any recommendation as to whether or not holders of warrants should tender the warrants for exchange in the Offer or consent to the Warrant Amendment in the Consent Solicitation.
AboutAbacus
Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.
Contacts:
InvestorRelations Robert F. Phillips – SVP Investor Relations and Corporate Affairs rob@abacusgm.com (321) 290-1198
David Jackson – Director of IR/Capital Markets david@abacusgm.com (321) 299-0716
LIMERICK, Ireland, June 30, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, announces a change to its senior leadership team.
Hugh Kavanagh, our CFO, is retiring from Kneat to spend more time pursuing other interests. We wish him the very best for the future. During his time at Kneat, Hugh contributed significantly to our success, helping the Company to grow to its current level and building a strong finance team. We have very much enjoyed working with Hugh and will miss his valuable contributions, his friendship and ongoing financial guidance at all levels within the Company.
Dave O’Reilly will join the Kneat team as our new CFO on July 7th. Most recently, Dave served as CFO at Ekco for seven years. During his time there he helped scale this fast-growing cloud business from a start up to $200 million in annual revenue. He was responsible for directing financial strategy and operations, driving rapid business growth, and establishing Ekco as a market leader in the European Managed Security Service space. He built and led high-performing finance, accounting, and FP&A teams, fostering a culture of accountability and strategic alignment. Prior to his time at Ekco he served as the international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc., formerly J2 Global. Dave holds a BA in Accounting and Finance from Dublin City University and is a licensed CPA.
Dave will partner with Hugh for a period of one month – to ensure a smooth transition, and Hugh’s final day with the company will be Friday, August 8th.
“I’d like to thank Hugh and our finance team for their continued dedication to Kneat and trust in their combined leadership to ensure a smooth transition in the coming months,” said Eddie Ryan, Kneat CEO. “I look forward to working with Dave, I’m confident he will have a considerable impact, as we continue to scale the value we deliver for Life Sciences.”
About Kneat
Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.
Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.
LIMERICK, Ireland, June 30, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, announces a change to its senior leadership team.
Hugh Kavanagh, our CFO, is retiring from Kneat to spend more time pursuing other interests. We wish him the very best for the future. During his time at Kneat, Hugh contributed significantly to our success, helping the Company to grow to its current level and building a strong finance team. We have very much enjoyed working with Hugh and will miss his valuable contributions, his friendship and ongoing financial guidance at all levels within the Company.
Dave O’Reilly will join the Kneat team as our new CFO on July 7th. Most recently, Dave served as CFO at Ekco for seven years. During his time there he helped scale this fast-growing cloud business from a start up to $200 million in annual revenue. He was responsible for directing financial strategy and operations, driving rapid business growth, and establishing Ekco as a market leader in the European Managed Security Service space. He built and led high-performing finance, accounting, and FP&A teams, fostering a culture of accountability and strategic alignment. Prior to his time at Ekco he served as the international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc., formerly J2 Global. Dave holds a BA in Accounting and Finance from Dublin City University and is a licensed CPA.
Dave will partner with Hugh for a period of one month – to ensure a smooth transition, and Hugh’s final day with the company will be Friday, August 8th.
“I’d like to thank Hugh and our finance team for their continued dedication to Kneat and trust in their combined leadership to ensure a smooth transition in the coming months,” said Eddie Ryan, Kneat CEO. “I look forward to working with Dave, I’m confident he will have a considerable impact, as we continue to scale the value we deliver for Life Sciences.”
About Kneat
Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.
Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.
LIMERICK, Ireland, June 30, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, announces a change to its senior leadership team.
Hugh Kavanagh, our CFO, is retiring from Kneat to spend more time pursuing other interests. We wish him the very best for the future. During his time at Kneat, Hugh contributed significantly to our success, helping the Company to grow to its current level and building a strong finance team. We have very much enjoyed working with Hugh and will miss his valuable contributions, his friendship and ongoing financial guidance at all levels within the Company.
Dave O’Reilly will join the Kneat team as our new CFO on July 7th. Most recently, Dave served as CFO at Ekco for seven years. During his time there he helped scale this fast-growing cloud business from a start up to $200 million in annual revenue. He was responsible for directing financial strategy and operations, driving rapid business growth, and establishing Ekco as a market leader in the European Managed Security Service space. He built and led high-performing finance, accounting, and FP&A teams, fostering a culture of accountability and strategic alignment. Prior to his time at Ekco he served as the international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc., formerly J2 Global. Dave holds a BA in Accounting and Finance from Dublin City University and is a licensed CPA.
Dave will partner with Hugh for a period of one month – to ensure a smooth transition, and Hugh’s final day with the company will be Friday, August 8th.
“I’d like to thank Hugh and our finance team for their continued dedication to Kneat and trust in their combined leadership to ensure a smooth transition in the coming months,” said Eddie Ryan, Kneat CEO. “I look forward to working with Dave, I’m confident he will have a considerable impact, as we continue to scale the value we deliver for Life Sciences.”
About Kneat
Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, the relationship between Kneat and the customer, Kneat’s business development activities, the use and implementation timelines of Kneat’s software within the customer’s validation processes, the ability and intent of the customer to scale the use of Kneat’s software within the customer’s organization, and the compliance of Kneat’s platform under regulatory audit and inspection. While such forward-looking statements are expressed by Kneat, as stated in this release, in good faith and believed by Kneat to have a reasonable basis, they are subject to important risks and uncertainties. As a result of these risks and uncertainties, the events predicted in these forward-looking statements may differ materially from actual results or events. These forward-looking statements are not guarantees of future performance, given that they involve risks and uncertainties.
Kneat does not undertake any obligation to release publicly revisions to any forward-looking statement, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued forward-looking statement constitutes a reaffirmation of that statement. Continued reliance on forward-looking statements is at an investor’s own risk.
FORT WORTH, Texas, June 30, 2025 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that it intends to offer, subject to market and customary conditions, $725 million aggregate principal amount of senior notes due 2030 (the “Notes”) in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers (the “Offering”).
The Company intends to use the net proceeds from the Offering, together with borrowings under a new revolving credit facility it expects to enter into in connection with the Offering, to fully repay its existing term loan credit agreement.
The Notes to be offered will not be registered under the Securities Act or under any state or other securities laws, and will be issued pursuant to an exemption therefrom, and may not be offered or sold within the United States, or to or for the account or benefit of any U.S. person, absent registration or an applicable exemption from registration requirements.
The Notes are being offered only to persons who are either reasonably believed to be “qualified institutional buyers” under Rule 144A or who are non-“U.S. persons” under Regulation S as defined under applicable securities laws.
This press release does not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities, nor shall there be any sale of these 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 any such state or jurisdiction.
About HighPeak Energy, Inc.
HighPeak Energy, Inc. is a publicly traded independent crude oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional crude oil and natural gas reserves in the Midland Basin in West Texas.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, with respect to the offering and the use of proceeds. These forward-looking statements, including statements regarding the intention, completion, timing and option relating to the offering, represent the Company’s expectations or beliefs concerning future events. These forward-looking statements are subject to risks and uncertainties related to market conditions and the satisfaction of customary closing conditions related to the offering. There can be no assurance that the Company will be able to complete the offering. When used in this document, including any oral statements made in connection therewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date on which they are made. The Company cautions you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company, incident to the development, production, gathering and sale of oil, natural gas and natural gas liquids.
Investor Contact:
Ryan Hightower Vice President, Business Development 817.850.9204 rhightower@highpeakenergy.com
ATLANTA, June 30, 2025 (GLOBE NEWSWIRE) — A new era of early-stage investing takes center stage this summer as Keiretsu Forum South-East, the Angel Capital Association (ACA), and Georgia Tech’s Advanced Technology Development Center (ATDC) announce the Southeast Investor Conference, set for July 29–30, 2025, in Atlanta.
The two-day program is designed to deliver candid insights, curated deal flow, and pragmatic strategies to navigate an investment landscape that has transformed dramatically in recent years. Attendees will explore evolving trends shaping portfolio management, early exits, and innovative funding models—while engaging with the entrepreneurs building the next generation of market solutions.
The Southeast Investor Conference will feature a blend of educational programming and direct access to capital-ready startups. Notable sessions include:
Angel Returns & Portfolio Strategy, led by Rick Timmins, an ACA instructor and veteran investor, with data-driven approaches to diversification and IRR in uncertain markets.
Paradigm Shift in Early-Stage Investing, a discussion with Howard Lubert, Regional President of Keiretsu Forum Mid-Atlantic, South-East & Texas, and serial entrepreneur Christian Haller, exploring nimble investment approaches in the post-pandemic environment.
Leadership for Investors to Curate + Cultivate, to Profit in Turbulent Times, an interactive session led by Dr. Louise Yochee and Dr. Merom Klein, focused on identifying and cultivating the leadership attributes that drive portfolio success.
A keynote address from Ron Weissman, offering an unfiltered look at the state of early-stage investing, regional deal dynamics, and opportunities emerging across the Southeast innovation economy.
The conference also includes a curated Startup Showcase, featuring promising early-stage companies actively raising capital. Participating founders will present their ventures to an audience of active accredited investors, followed by structured Q&A and networking opportunities during the investor reception and conference dinner.
Organizers welcome angel groups throughout the Southeast with exceptional deal flow to connect regarding participation in the showcase. The event aims to spotlight founders and investment opportunities demonstrating market traction, clear pathways to scale, and strong potential for timely exits.
The Southeast Investor Conference is supported by Accorto Regulatory Solutions, whose sponsorship underscores their commitment to strengthening the innovation landscape. They are a boutique regulatory firm that helps domestic and international companies bring FDA-regulated product concepts to market. Accorto partners with entrepreneurs and investors to accelerate compliant commercialization of breakthrough technologies.
“The investment environment has never been more demanding,” said Barry Etra, Director of Entrepreneur Services, Keiretsu Forum. “This conference was designed to provide both the clarity and the connections serious investors need to navigate these cycles with confidence.”
Registration for the Southeast Investor Conference is open to accredited investors and investment professionals. Capacity is limited to preserve the highly interactive format of the sessions and networking components. Register athttps://www.k4-mst-investorconference.com/
About Keiretsu Forum South-East Keiretsu Forum is the world’s largest and most active accredited investor community, with over 2,000 members across 50+ chapters globally. Since its founding, Keiretsu members have invested over $1 billion in early-stage companies spanning technology, life sciences, consumer products, and beyond.
About the Angel Capital Association The Angel Capital Association is a professional alliance of accredited angel investors in North America. Representing more than 15,000 angels and over 250 angel groups and platforms, ACA supports investor education, public policy, and industry standards.
About Georgia Tech’s ATDC The Advanced Technology Development Center (ATDC) at Georgia Tech is the state of Georgia’s technology incubator, helping entrepreneurs build and scale technology companies that make an impact.
For media inquiries or information about participation in the Startup Showcase, please contact:
The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:
The bank had:
donated certain amount to a trust in which the bank’s director’s relative was interested; and
failed to ensure end-use of funds with respect to certain loans sanctioned by it.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.
The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:
The bank had:
donated certain amount to a trust in which the bank’s director’s relative was interested; and
failed to ensure end-use of funds with respect to certain loans sanctioned by it.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.
The Reserve Bank of India (RBl) has, by an order dated June 26, 2025, imposed a monetary penalty of ₹14.30 lakh (Rupees Fourteen Lakh Thirty Thousand only) on Shree Kadi Nagarik Sahakari Bank Ltd., Dist. Mehsana, Gujarat (the bank) for non-compliance with the certain directions issued by RBI on ‘Donations to Trusts and Institutions where Directors, their relatives hold position or are interested’ and ‘Management of Advances – UCBs’ This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.
The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:
The bank had:
donated certain amount to a trust in which the bank’s director’s relative was interested; and
failed to ensure end-use of funds with respect to certain loans sanctioned by it.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.