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Category: Business

  • MIL-OSI United Kingdom: Lively turnout and local talent shine at Buskfest 2025 in Banbridge

    Source: Northern Ireland City of Armagh

    Banbridge town centre was filled with the sound of live music and the buzz of community spirit as Buskfest 2025 welcomed performers and visitors for a relaxed and enjoyable day of entertainment – despite the rain!

    With over eighty acts taking part and a prize fund of £3,500 up for grabs, the annual busking competition attracted a wide mix of musical talent, from solo acoustic artists to lively bands. The atmosphere was friendly and welcoming, with visitors enjoying performances across the town between 2pm and 5pm.

    This year’s winners, 4AM Club, were announced during the evening concert in the town centre, which also featured performances from last year’s champions Banshee, popular local act The Reillys, and headliners The Nooks.

    Alongside the music, an artisan market offered a range of local food, crafts, and handmade products, while a family funfair at Solitude Park, added to the day’s relaxed, family-friendly feel.

    Alderman Stephen Moutray ,Lord Mayor of Armagh City, Banbridge & Craigavon Borough, commented: “Buskfest continues to provide a fantastic showcase for emerging and established performers and is a much-loved highlight in the borough’s events calendar. The atmosphere in Banbridge was brilliant, with the town centre buzzing with music, family fun, and a real sense of community. Events like this not only celebrate our local talent but also support our businesses and hospitality sector.”

    The judging panel, including BBC Radio Ulster’s Ralph McLean, noted the diversity and quality of talent on show, with many returning acts and new faces adding to the variety. This year’s event was supported by several valued sponsors including Banbridge Chamber of Commerce, The Boulevard Outlet Shopping, Game of Thrones Studio Tour, and Eats and Beats Festival, Newcastle, whose contributions helped ensure a vibrant and well-supported day for performers and visitors alike.

    Winners on the day were:

    Best Individual – Cellofella

    Best band – Frank

    Best Junior – Sarah Reynolds

    Best performance – Daniel and the Lion

    Spirit of Buskfest – Banbridge Ukes

    Overall winner – 4AM Club

    MIL OSI United Kingdom –

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 13 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 13 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,107,216 3.9571    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,107,216 3.9571    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 920 442.52p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI United Kingdom: Come As You Really Are exhibition – the largest ever presentation of hobbies across the region and beyond

    Source: City of Wolverhampton

    The exhibition presents hobbies of all kinds to celebrate their variation, freedom of expression and ingenuity, broadening our perception of who gets to be called creative and where the impulse to create stems from.

    On display will be unique hand crafted objects loaned by hobbyists working in diverse disciplines, such as knitters and needleworkers, wood carvers and model makers, potters, painters and illustrators, costume and cosplay makers, model engineers, origami specialists and many more. There will also be collections, including vintage football programmes, kitchenalia, milk bottles, painted eggs, gnomes and stones, alongside comics, action figures and toys – from Goo-jit-Zu to Transformers and He-Man to dollhouses!

    The exhibition also features new and existing works by Patel, including a new film that explores the outstanding creativity and passion that people put into their hobbies. A selection of objects by the hobbyists featured in the film will be interspersed throughout the exhibition, including animals sculpted in wool by Mandy Smith, a needle felting enthusiast from Tipton.

    Come As You Really Are by Hetain Patel is a nationwide project made up of 13 partner presentations across England, Northern Ireland, Scotland, and Wales from Summer 2024 – 2026.

    Commissioned by Artangel, the project began with a national call out inviting members of the public to share the activity to which they dedicate their spare time. At the heart of this project is a nationwide community of people whose labours of love are a lens through which the artist presents an alternative portrait of the UK. The inaugural exhibition took place at The Hobby Cave at Grants, Croydon, London between 18 July and 20 October 2024. This is being followed by curated presentations at partner venues across the UK throughout 2025 – 2026.

    Aiming to showcase hobbies from across the region, Wolverhampton Art Gallery launched a fresh call out in the Midlands in January 2025. Gallery staff have been amazed by the immense skill, passion and imagination demonstrated in the hundreds of responses from hobbyists across the region and further afield.

    Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, said: “The power of creativity is unstoppable, and at Wolverhampton Art Gallery, we’re celebrating it in all its forms.

    “Come As You Really Are brings together an incredible tapestry of hobbies from handcrafted masterpieces to nostalgic collections – revealing the passion, ingenuity, and individuality behind each one.

    “Whether you’re a dedicated hobbyist or simply curious, this exhibition invites you to explore the many ways we express ourselves beyond the everyday. Join us in celebrating the limitless nature of human creativity and the joy of making!”

    Hetain Patel said: “There is a vulnerability in sharing something so personal, which often happens in private spaces around the responsibilities of daily life. But there is also a tremendous power in sharing collectively, which is at the heart of this project. I hope people join us in this celebration of the unstoppable nature of self expression that is demonstrated by our hobbies.”  

    Mariam Zulfiqar, Director at Artangel, said: “Hetain Patel’s work has always invited us to reflect on identity as multidimensional and complex. For Come As You Really Are he generously extends an invitation to people around the country, asking them to share the objects, activities and pastimes that form part of their identity. The ambitious presentation of hundreds of objects loaned by as many hobbyists creates a new kind of picture, where people and their identities are seen beyond national, racial, gendered or age related categories that conventionally categorise who we are.

    “Artangel is working with a network of leading arts and cultural organisations to realise this ambitious project across the UK and supporting one of our most exciting artists working today to create an exceptionally memorable and inclusive project.”

    Come As You Really Are opens on Saturday 12 July and runs until Sunday 5 October, 2025. The exhibition is free to the public, and timeslots can be booked in advance. Wolverhampton Art Gallery is open Monday to Saturday from 10.30am to 4.30pm and Sunday from 11am to 4pm. For more information, please visit Wolverhampton Arts & Culture.

    The launch weekend on Friday 25 and Saturday 26 July celebrates hobbies and hobbyists, with a Friday Late, from 6pm to 9.00pm, and a Hobby Fair, from 1pm to 3pm on Saturday. Visitors will have the opportunity to explore the exhibition hobbies and themes in the company of artist Hetain Patel and participating hobbyists, with talks, workshops, demos and live performances including music and fashion.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Rosneft produced 100 millionth ton of oil at the Eastern hub of the Uvat project

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    RN-Uvatneftegaz (part of the oil and gas production complex of NK Rosneft) produced the 100-millionth ton of oil at the Eastern Hub*. This largest field provides more than 50% of the oil production of the Uvat project.

    The hub’s production stock includes 1,026 wells producing about 11,000 tons of oil per day. Since the start of the hub’s fields’ operation, the drilling meterage in production drilling has amounted to 3.5 million meters of rock. Currently, the construction of high-tech, mainly horizontal wells using hydraulic fracturing operations (HF) continues. In the construction of wells, modern technologies are used that allow up to 10 HF stages to be carried out, as well as biopolymer drilling mud.

    The first fields in this area – Malyka and Urnenskoye – were put into operation in 2009, and geological exploration work continues here, which has allowed the Eastern Hub to increase its recoverable reserves.

    High production indicators are ensured by the developed infrastructure of the field. Over the 15 years since the beginning of the development of the territory in a hard-to-reach area, key oil and gas production facilities have been built, which allow new fields to be put into operation at an accelerated pace. The central collection point prepares the extracted raw materials, external oil transportation is provided by a main oil pipeline with a length of more than 260 km. More than 210 km of roads have been built at the hub fields, 560 km of power transmission lines have been installed. A gas turbine power plant with a capacity of 83 MW supplies energy to the main production facilities, using associated petroleum gas as fuel.

    More than 2 thousand employees of the enterprise and contractors work at the oil field. RN-Uvatneftegaz creates conditions for their comfortable living, including at autonomous fields. A residential complex for 290 people, a gym, and a medical center have been built here. The construction of the third stage of the residential complex is in its final stage, which will increase its capacity by another 90 people.

    The company’s work in the social sphere has been repeatedly recognized with awards at the “Russian Organization of High Social Efficiency” competition.

    *For the efficient development of deposits in hard-to-reach marshy terrain, the Uvat project uses a strategy of hubs – centers with a single infrastructure, to which smaller satellite deposits are gradually added. Currently, there are four hubs operating in Uvat: Vostochny, Protozanovsky, Tyamkinsky and Kalchinsky, the infrastructure of which is constantly expanding.

    Reference:

    RN-Uvatneftegaz LLC, a subsidiary of Rosneft Oil Company, is conducting exploration and development of a group of fields located in the Uvatsky District of the Tyumen Region and the Khanty-Mansiysk Autonomous Okrug-Yugra. The Uvatsky project includes 19 licensed areas with a total area of over 25 thousand square kilometers.

    Department of Information and Advertising of PJSC NK Rosneft June 16, 2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Russia: This Time Must be Different: Lessons from Sri Lanka’s Recovery and Debt Restructuring

    Source: IMF – News in Russian

    Opening Remarks by the IMF First Deputy Managing Director Gita Gopinath Conference on “Sri Lanka’s Road to Recovery: Debt and Governance” Shangri-La Hotel Colombo

    June 16, 2025

    Excellencies, distinguished guests, colleagues, and friends,

    It is a great honor to join you today for this important conference which takes place at a critical juncture in Sri Lanka’s economic journey.

    This conference comes not only at the mid-point of Sri Lanka’s IMF-supported economic reform program, but also at a moment when the global economy is facing powerful crosscurrents—slowing growth, rising tariffs, and a rapidly changing global economic order alongside profound uncertainty. Countries are being tested by shocks that are more frequent and more complex. The challenge for all of us is to build resilience in a world that demands it.

    Achievements Resulting from Reforms Supported by the IMF-EFF Program

    In this light, Sri Lanka’s experience stands out—both for the severity of the crisis the country experienced three years ago, and the remarkable progress that has been achieved in a very short time. The crisis was precipitated by years of declining tax revenues, depleted foreign exchange reserves and an explosive and unsustainable increase in public debt as growth collapsed. There were long lines for fuel, severe shortages of basic goods, record inflation, and widespread power outages. For many households, daily life became an exercise in hardship.

    Today, thanks to bold reforms and the commitment of the Sri Lankan people, substantial progress has been made to restore macroeconomic stability and reduce hardships faced by people. Fuel, cooking gas, and medicines are available again. Inflation has been brought under control and economic growth has returned—expanding by 5 percent in 2024. On the fiscal front, the government has achieved an extraordinary adjustment and tax revenues have increased by more than two-thirds as a share of GDP.

    The government has also put a strong emphasis on improving governance, which is fundamental for establishing trust with citizens and ensuring sustained growth. Important milestones have been achieved including central bank independence, improving public financial management, and strengthening the legal framework for anti-corruption.  Our analysis shows that comprehensive fiscal governance and accountability reforms in Sri Lanka can boost GDP by more than 7 percent and reduce the debt-to-GDP ratio by more than 6 percentage points over 10 years.

    Sri Lanka also took the difficult but necessary decision to default on its public debt and pursue a sovereign debt restructuring. These decisive actions on debt have helped ease the burden on the country. External creditors have forgiven $3 billion in debt and restructured another $25 billion, extending repayment over two decades at lower interest rates. Sri Lanka’s bonds are once again included in global indices, and its credit rating has improved.

    The experience of Sri Lanka holds important lessons for the world, and I would like to speak to the lessons from its debt restructuring.

    I. The Nexus between Economic Reforms and Debt Restructuring

    Sri Lanka’s debt restructuring had to deal with several challenges:

    1. Calibrating the restructuring targets to deliver sufficient debt relief. This was a complex endeavor. As with all restructurings, debt sustainability needs to be restored through a combination of debt relief and policy adjustments, such as fiscal effort. The targets must be carefully calibrated to consider country specific circumstances. In Sri Lanka’s case, the targets considered the severity of the crisis while also recognizing the country’s high levels of private savings, tourism receipts and remittances. Through this restructuring, over the next decade, external debt service as a share of GDP is reduced by a half, and external and total debt stock will fall by 27 and 34 percentage points of GDP respectively.
    2. Facilitating collaboration in a complex external creditor landscape. A full range of official creditors needed to find ways to coordinate, and not all creditors had the internal processes in place to deliver swiftly. The Official Creditor Committee chaired by France, India and Japan shepherded many creditors together and China informally coordinated with this group. Still there were challenges in the sharing of information across creditor groups and concerns about comparability of treatment across official bilateral creditors. To help move the process along, the IMF staff were very active in providing information and using IMF “good offices” on an ongoing basis to support coordination.
    1. Containing financial and social stability risks from the restructuring. A large share of Sri Lanka’s debt is domestic. The authorities recognized that external debt relief by itself would be unlikely to restore debt sustainability and domestic debt needed to be part of the restructuring effort. This had to be tackled carefully because of the significant exposure of Sri Lanka’s domestic financial sector, the central bank and the public pensions vehicle to government debt. To preserve financial and social stability, the authorities avoided nominal debt reductions and focused on lowering interest rates and lengthening maturities.

    The Sri Lankan debt restructuring experience provides several lessons that will help make the process simpler for other countries that need restructuring in the future. Sri Lanka’s experience better illuminated the trade-offs in setting debt targets and directly led to the development of improved methodologies for evaluating state contingent features in debt contracts. It helped creditors learn how to improve coordination and gave them new instrument designs to contemplate. Together with other recent restructuring cases, it helped motivate important reforms to IMF’s debt policies.

    Over time, there have been other important improvements in the sovereign debt architecture. The IMF, Bank and G20 Presidency convened the Global Sovereign Debt Roundtable to help serve as a forum for creditor dialogue and generate consensus on difficult issues that arise in restructurings. An important recent output of these efforts is a restructuring playbook, published at the time of our Spring Meetings, which lays out the typical steps in a restructuring and an indicative timeline. It is important to recognize that, thanks to these initiatives, experiences, and the G20 Common Framework, the restructuring process has become faster. In the recent case of Ghana’s, it took five months to get from an IMF staff level agreement to delivering the financing assurances required for program approval—roughly half the time it took for Chad in 2021 and Zambia in 2022. Looking ahead, let me assure you that our work on improving the timeliness and effectiveness of the global debt architecture will continue.

    For Sri Lanka, the experience with the debt restructuring drives home the importance of managing the economy such that a similar situation will never arise again.

    II. Important to Stay the Course

    Let us be clear: none of the achievements thus far would have been possible without the courage and sacrifice of the Sri Lankan people. The crisis was costly and painful, particularly for the poor. The reforms undertaken to address the root causes of the crisis—adjustments in taxation, the removal of unsustainable subsidies, efforts to restore cost-reflective energy pricing—have asked a great deal from ordinary citizens. These are difficult measures. They test the social fabric. And yet, they are the foundation of a more resilient future.

    That is why we must now turn our focus from crisis response to sustainable recovery. There is a lot that is still needed. Poverty rates at 24.5 percent in 2024, according to the latest World Bank estimates, are too high and need to be brought down quickly. This requires continued macroeconomic stability and successful implementation of structural reforms. Tackling corruption will require major reforms. Implementing the government’s action plan on governance reforms is critical. While much has been done to reduce external debt, domestic debt is still high and steadfast implementation of sound fiscal policy is critical to continue bringing it down.

    None of this will be easy. In addition to the domestic challenges, the global environment is difficult with tariffs, geopolitical conflict and economic fragmentation posing major risks for small open economies like Sri Lanka’s.

    This is why there is no room for policy errors. As the IMF Managing Director noted during our Spring Meetings in April: the choice facing countries today is between reform and regret. Between building buffers—or risking future crises.

    Sri Lanka’s reform program has delivered strongly. But history reminds us of the risks. Of the 16 IMF programs Sri Lanka has engaged in over the years, about half ended prematurely. Often, reform fatigue sets in. Hard-earned gains were reversed. Growth faltered. The country cannot afford to repeat that cycle.

    Let me therefore underscore how essential it is to sustain the reform momentum, and in a manner that is inclusive and accountable. Public dialogue matters. Transparency matters. Engaging civil society and listening to diverse voices—not just in Colombo, but across the island—will help ensure that policies are responsive and responsible. This conference is exactly the kind of platform that can foster such engagement. It is a space to reflect, to challenge assumptions, and to build consensus. The IMF will remain a steadfast partner as Sri Lanka pursues stable and inclusive growth that improves the lives of all citizens and future generations.

    This time must be different! As President Dissanayake has said, let us ensure this is the last IMF program Sri Lanka will need.

    We agree, and believe this is possible if Sri Lanka stays the course.

    Thank you.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER:

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/16/sp061625-gg-this-time-must-be-different-lessons-from-sri-lankas-recovery-and-debt-restructuring

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI: Gebbia Media Launches New Sports Division, Expanding Support for Elite Athletes Beyond the Game

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MIAMI, June 16, 2025 (GLOBE NEWSWIRE) — Gebbia Media, a wholly owned subsidiary of Siebert Financial Corp. (NASDAQ: SIEB), has announced the launch of its Sports Division. The new group will focus on serving the unique needs of elite and professional athletes, offering a comprehensive platform that combines financial education, wealth management, tax planning, and strategic support for long-term success.

    At launch, the division has signed several standout NCAA athletes from top programs and universities, including TCU, Villanova, University of Washington, BYU, and Xavier, among others.

    The initiative will be led by Greg Murphy, a former collegiate basketball player and seasoned financial executive for Alliance Bernstein and Investco, newly appointed President of Sport Division. “I’ve spent years helping institutions scale and grow, but this is different,” said Murphy, “Athletes today are more than sports professionals. They are leaders, creators, and entrepreneurs. We’re here to help them navigate that journey with a full team behind them.”

    In line with Siebert’s Financial growth strategy, Gebbia Media’s Sports Division offering is designed to go beyond what traditional sports agencies offer. With in-house capabilities in marketing, PR, media production, and IP development, Gebbia Media will help athletes elevate their personal brands and unlock new ways to share and monetize their stories. These services are paired with the broader financial platform of Siebert Financial, helping athletes protect and grow their wealth well beyond their playing years, starting with a strong focus on financial literacy and education.

    Richard Gebbia, Co-CEO of Muriel Siebert & Co., LLC., as well as a former Ole Miss Football standout, comments: “We understand what athletes are going through. Our goal is to help them build real value that lasts beyond the game. By welcoming them to our offices and spending time with wealth management and finance professionals, we foster financial learning, protect their earnings, grow their potential, and support their ambitions inside and outside of sports.”

    “Gebbia Media is built to go where traditional finance hasn’t,” said David Gebbia, CEO of Gebbia Media “With the launch of our Sports Division, we’re helping a new generation of athletes learn about and take control of their finances, as well as telling their stories, and building their legacies.”

    The division is led by a team of financial and sports management experts with deep experience in athlete representation, contract negotiation, and NIL monetization. With offices in Miami, New York, Los Angeles, Chicago, Nashville, and other key locations, the team operates nationwide. Beyond a current roster that includes multi-million dollar deals for several signed athletes, the pipeline is rapidly expanding across both collegiate and professional circuits.

    About Gebbia Media
    Gebbia Media is an artist-first entertainment company focused on the development and promotion of music and sports talent, catalog acquisition, and bold storytelling across film, television, podcasts, and digital media. As a subsidiary of Siebert Financial Corp., Gebbia Media also functions as the in-house production and marketing agency for Siebert and its subsidiaries, creating branded content, advertising strategies, and social media campaigns.

    Driven by the belief that creativity, raw talent, and commercial acumen can birth extraordinary storytelling, Gebbia Media is building a premier media company rooted in cultural impact and financial strategy. By fusing compelling content with financial infrastructure, the company is redefining how audiences are engaged, enhancing financial literacy, expanding market reach, and unlocking new monetization opportunities across platforms. Gebbia Media’s operations span music, sports, and entertainment, creating powerful synergies between culture and commerce within Siebert’s broader ecosystem. More information is available at www.gebbiamedia.com.

    About Siebert Financial Corp.
    Siebert is a diversified financial services company and has been a member of the NYSE since 1967, when Muriel Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms.

    Siebert operates through its subsidiaries Muriel Siebert & Co., LLC, Siebert AdvisorNXT, LLC, Park Wilshire Companies, Inc., RISE Financial Services, LLC, Siebert Technologies, LLC, and StockCross Digital Solutions, Ltd, and Gebbia Media LLC. Through these entities, Siebert provides a full range of brokerage and financial advisory services, including securities brokerage; investment banking and capital markets services; investment advisory and insurance offerings; securities lending; corporate stock plan administration solutions; in addition to entertainment and media productions. For over 55 years, Siebert has been a company that values its clients, shareholders, and employees. More information is available at www.siebert.com.

    Cautionary Note Regarding Forward-Looking Statements
    The statements contained in this press release that are not historical facts, including statements about our beliefs and expectations, are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements preceded by, followed by, or that include the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend” and similar words or expressions. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements.

    These forward-looking statements, which reflect beliefs, objectives, and expectations as of the date hereof, are based on the best judgment of the management of Siebert. All forward-looking statements speak only as of the date on which they are made. Such forward-looking statements are subject to certain risks, uncertainties and assumptions relating to factors that could cause actual results to differ materially from those anticipated in such statements, including, without limitation, the following: economic, social and political conditions, global economic downturns resulting from extraordinary events; securities industry risks; interest rate risks; liquidity risks; credit risk with clients and counterparties; risk of liability for errors in clearing functions; systemic risk; systems failures, delays and capacity constraints; network security risks; competition; reliance on external service providers; new laws and regulations affecting Siebert’s business; net capital requirements; extensive regulation, regulatory uncertainties and legal matters; failure to maintain relationships with employees, customers, business partners or governmental entities; the inability to achieve synergies or to implement integration plans; and other consequences associated with risks and uncertainties detailed in Part I, Item 1A – Risk Factors of Siebert’s Annual Report on Form 10-K for the year ended December 31, 2024, and Siebert’s filings with the SEC.

    Siebert cautions that the foregoing list of factors is not exclusive, and new factors may emerge, or changes to the foregoing factors may occur that could impact its business. Siebert undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events, or otherwise, except to the extent required by the federal securities laws.

    Media Contact:
    Deborah Kostroun, Zito Partners
    deborah@zitopartners.com
    +1 (201) 403-8185

    The MIL Network –

  • MIL-OSI: NANO Nuclear Appoints Experienced Communications and Capital Markets Professional Matthew Barry as Director of Investor Relations

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., June 16, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that Matthew Barry has joined the Company as its Director of Investor Relations.

    As Director of Investor Relations, Matt will spearhead NANO Nuclear’s efforts to connect with and inform its growing retail and institutional investor base and assist with all corporate communication initiatives.

    Matt has over 10 years of experience in accounting, equity research and investor relations at both public and private companies. He began his career at Deloitte, where he audited the financial statements and internal controls of various public and private clients across various industries. Matt served as an equity research analyst at investment banks H.C. Wainwright and Cowen and Company, where he covered an aggregate portfolio of approximately 40 companies across both firms, creating complex financial models and analyzing a wide range of macroeconomic and industry data and trends. He later served as Manager of Investor Relations at Veeco Instruments Inc. (NASDAQ: VECO), a Nasdaq-listed global capital equipment provider, where he led the investor relations function. At Veeco, he successfully developed an in-house investor targeting program and was instrumental in attracting investment from multiple ideal long-only long-term oriented investors who initiated substantial positions in the company.

    Matt joins NANO Nuclear following the recent addition of Intel technologist and former U.S. Department of Energy Deputy (DOE) Chief Data Officer, Seth Berl, Ph.D. as an independent member in NANO Nuclear’s Board of Directors, and the appointment of former U.S. Secretary of Energy and Texas Gov. Rick Perry as Chair of the NANO Nuclear’s Executive Advisory Board. These quality additions to the team highlight NANO Nuclear’s growing reputation for excellence in advanced nuclear technology and its commitment to strong leadership as it propels its ambitious business plans forward.

    “I feel privileged to join this exciting company, which is not only striving to lead the advanced nuclear technology sector, but has made remarkable achievements so far, including having been the top performing initial public offering in the U.S. in 2024,” said Matthew Barry, Director of Investor Relations of NANO Nuclear. “I firmly believe in NANO Nuclear’s mission, and as we continue our progress, keeping our shareholders fully informed and aligned with our long‑term vision is essential. I’m looking forward to bringing my communications experience and my knowledge of public companies and the equity capital markets to NANO Nuclear at this pivotal time and to work with our energetic leadership team committed to delivering lasting value.”

    Figure 1 – NANO Nuclear Appoints Matthew Barry as its Director of Investor Relations.

    Matt earned his Certified Public Accountant (CPA) license in 2017 and Chartered Financial Analyst (CFA) designation in 2024. He holds a Bachelor of Business Administration in Accounting and a Master of Science in Taxation from Hofstra University where he received the FEI Top Accounting Student award.

    “I’m very excited to welcome Matt to NANO Nuclear,” said Jay Yu, Founder and Chairman of NANO Nuclear. “His background in accounting, equity research and investor relations gives him a solid understanding of how public companies work and what their investor communities desire in terms of information and outreach. I believe he will be instrumental in strengthening our dialogue with shareholders, whose support has been vital to our success as we pursue our strategic objectives.”

    “Matt aligns perfectly with our commitment to transparent, investor‑focused communication,” said James Walker, Chief Executive Officer of NANO Nuclear. “His capital‑markets expertise will be invaluable as we engage new investors and broaden market awareness. Matt’s appointment underscores our commitment to excellence, and I look forward to collaborating with him.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those related to the anticipated benefits to the Company of the new Director of Investor Relations referred to herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: ODYSIGHT.AI is strengthening its European Presence to Accelerate Industry 4.0: received Initial Order from Leading EU Player for AI-Driven industrial predictive health monitoring solutions”

    Source: GlobeNewswire (MIL-OSI)

    OMER, Israel, June 16, 2025 (GLOBE NEWSWIRE) — Odysight.AI Inc. (Nasdaq: ODYS), a pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), is pleased to announce the receipt of an initial order for its Predictive Health Monitoring (PHM) system, designed to monitor the condition of belts and cables used in cranes and elevators across key industrial sectors.

    Powered by advanced artificial intelligence (AI), this solution is expected to transform infrastructure maintenance by enhancing the performance, reliability, and safety of critical mechanical components, while significantly reducing maintenance costs. As belts and cables are vital to the smooth operation and mobility of goods and people, maintaining their health is essential to preventing costly disruptions.

    Developed for a European industry leader, the new AI-driven system utilizes proprietary high-resolution cameras and machine learning algorithms to monitor component condition in real-time. It can detect early-stage faults and predict failures before they occur. A pilot program is set to begin across several transportation system OEMs in the coming months, with a global rollout planned following system optimization.

    Yehu Ofer, CEO of Odysight.AI, commented:
    “We are proud to receive this initial order from Europe for our Industry 4.0 systems, in what we believe is a substantial step forward. Our partner’s decision to collaborate with us reflects the trust in Odysight.AI’s ability to deliver cutting-edge, reliable solutions across industrial domains. This partnership represents a move toward smarter, safer, and more efficient infrastructure, combining real-time intelligence with operational resilience and a step forward for Odysight.ai in contributing to make the EU a world-class hub for AI human-centric and trustworthy technology solutions.”

    Key anticipated benefits of the collaboration

    • Predictive maintenance & fault prevention:
      The system’s real-time monitoring and AI-driven analytics are designed for early detection of anomalies, helping prevent critical failures and extend asset lifespan.
    • Enhanced safety:
      Continuous oversight of belts and cables is expected to reduce the risk of mechanical and electronic failure, improving safety for both operators and end-users.
    • Operational efficiency:
      Predictive insights support streamlined scheduling, fewer unplanned outages, and improved service reliability across industrial and transportation environments.

    This strategic collaboration not only reinforces Odysight.AI’s leadership in AI-powered visual monitoring but also marks a key milestone in expanding the company’s presence in the Industry 4.0 ecosystem, delivering data-driven innovation to critical industrial infrastructure.

    About Odysight.AI

    Odysight.AI is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.AI leverages proven visual technologies and products from the medical industry. Odysight.AI’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.AI’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring. For more information, please visit: https://www.Odysight.AI or follow us on Twitter, LinkedIn and YouTube.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the Company’s expectations regarding its Industry 4.0 system. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.AI technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.AI’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas and Hezbollah. These and other important factors discussed in Odysight.AI’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025 and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.AI undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:

    Einav Brenner, CFO
    info@odysight.ai

    Investor Relations Contact:
    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com
    Tel: +1-917-607-8654

    The MIL Network –

  • MIL-OSI: Turtle Beach Corporation Amends Debt Agreement and Resumes Share Repurchases

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, June 16, 2025 (GLOBE NEWSWIRE) — Turtle Beach Corporation (Nasdaq: TBCH, the “Company”), a leading gaming accessories brand, today announced that it has secured a waiver under its existing debt agreement, allowing for share repurchases of up to $5 million prior to June 30, 2025 pursuant to its new $75 million authorization announced on May 8th. This action reflects the Company’s continued commitment to return capital to shareholders and reinforces management’s confidence in the strength of the Company’s balance sheet and long-term outlook. In addition, as part of the amendment, the Company will pay down $5 million of its outstanding term loan debt facility.

    Separately, the Company is actively engaged in discussions to refinance its outstanding loan balance on improved terms. The Company will provide an update on the refinancing process at the appropriate time.

    About Turtle Beach

    Turtle Beach Corporation (the “Company”) (corp.turtlebeach.com) is one of the world’s leading gaming accessory providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products LLC (www.pdp.com) in 2024. Turtle Beach’s shares are traded on the Nasdaq Exchange under the symbol: TBCH.

    Cautionary Note on Forward-Looking Statements

    This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “goal,” “project,” “intend” and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements are only predictions and are not guarantees of performance. Forward-looking statements in this press release include, but are not limited to, statements regarding potential share repurchases by the Company and the potential refinancing of the Company’s outstanding loan balance. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management’s current beliefs and expectations, as well as assumptions made by, and information currently available to, management.

    While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, our ability to refinance our indebtedness on terms favorable to the Company, trade policies, including the imposition of tariffs on imported goods and other trade restrictions, the release and availability of successful game titles, macroeconomic conditions affecting the demand for our products, logistic and supply chain challenges and costs, dependence on the success and availability of third-parties to manufacture and manage the logistics of transporting and distributing our products, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company’s other periodic reports filed with the SEC. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.

    CONTACTS 

    Investor Information 
    ICR 
    646.277.1285 
    TBCH@icrinc.com

    Public Relations & Media:
    MacLean Marshall
    Sr. Director, Global Communications
    Turtle Beach Corporation
    858.914.5093
    maclean.marshall@turtlebeach.com

    The MIL Network –

  • MIL-OSI: Athene Announces Key Leadership Appointments Aligned with Five-Year Growth Plan

    Source: GlobeNewswire (MIL-OSI)

    Company Veteran Grant Kvalheim Named Chief Executive

    Jim Belardi Named Executive Chair, Will Continue to Serve as CIO

    Mike Downing and Sean Brennan Named Co-Presidents of Athene USA

    WEST DES MOINES, Iowa, June 16, 2025 (GLOBE NEWSWIRE) — Athene, the leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced today that its Board of Directors has appointed Grant Kvalheim as Chief Executive Officer, effective July 1, 2025. Kvalheim, a 14-year veteran of Athene, most recently served as President, with responsibility for running the company’s U.S. operations, as well as growth initiatives. Jim Belardi, Co-founder, was named Executive Chairman and will remain Chief Investment Officer.

    Athene also announced that Mike Downing and Sean Brennan will be elevated to Co-Presidents of Athene USA. Downing will continue to serve as Athene’s Chief Operating Officer while Brennan will serve as Athene’s Chief Commercial Officer. Downing and Brennan will build upon Athene’s significant growth to date and drive plans to increase financial security for individuals and serve as a solutions provider to corporations.

    These appointments represent a natural evolution in Athene’s leadership and are aligned with the company’s ambitious five-year growth plan as announced at its 2024 Investor Day. To capitalize on the significant market opportunities ahead and drive growth, the company continuously works to elevate and align leaders both in senior leadership and next generation roles.

    Belardi said, “There is no one better positioned than Grant to lead the company through its next phase of growth. Grant, Mike and Sean have been instrumental to Athene’s tremendous success to date, and our market leadership directly reflects their efforts to grow our business by expanding distribution, creating best-in-class product offerings and establishing us as a partner of choice. My partnership with Grant has been critical to Athene’s success and I am pleased it will continue.”  

    Kvalheim said, “There is a massive opportunity ahead for Athene, driven by the growing retirement crisis in the U.S. and the need for guaranteed lifetime income. I look forward to leading Athene as our team meets this unprecedented need by expanding market share, prioritizing innovation, entering new markets and accelerating growth in the defined contribution channel. Athene is uniquely positioned to help an even greater number of people build remarkable retirements.”

    Kvalheim joined Athene in 2011 and has served as President since April 2022, leading its U.S operating companies with a focus on growing organic origination. Prior to joining Athene, Kvalheim was Co-President of Barclays Capital where he grew the European investment grade credit business into a leading global credit franchise across both securitized and non-securitized credit products. Prior to joining Barclays, he held senior executive positions in the investment banks of Deutsche Bank and Merrill Lynch.

    Since joining Athene in 2015, Downing has served as Executive Vice President and Chief Actuary and was elevated to Chief Operating Officer in January 2022. Before joining Athene, Downing held senior executive roles at The Allstate Corporation from 2008-2015. Previously, Downing was a Senior Partner at Aon Hewitt, leading the International Consulting practice following assignments in the UK and Switzerland.

    Brennan joined Athene in 2017 and has served as an Executive Vice President since 2020, with responsibility for various retirement services and reinsurance efforts. Prior to joining Athene, he served as Global Pensions Director for Marsh & McLennan Companies, Inc., and previously spent 14 years with Mercer, most recently as Partner in its Financial Strategy group.

    About Athene

    Athene is the leading retirement services company with over $380 billion of total assets as of March 31, 2025, and operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products and also serves as a solutions provider to corporations. For more information, please visit www.athene.com.

    Forward-Looking Statements

    This press release contains, and certain oral statements made by Athene’s representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks, uncertainties and assumptions that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. These statements are based on the beliefs and assumptions of Athene’s management and the management of Athene’s subsidiaries. Generally, forward-looking statements include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” “should,” or “continues” or similar expressions. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. Although Athene management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. For a discussion of other risks and uncertainties related to Athene’s forward-looking statements, see its annual report on Form 10-K for the year ended December 31, 2024, which can be found at the SEC’s website www.sec.gov. All forward-looking statements described herein are qualified by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

    Contact:

    Jeanne Hess
    VP, External Relations
    +1 646 768 7319
    jeanne.hess@athene.com

    The MIL Network –

  • MIL-OSI: Baker Hughes to Acquire Continental Disc Corporation, a Differentiated Leader in Pressure Management Solutions

    Source: GlobeNewswire (MIL-OSI)

    • CDC’s rupture disc and pressure/vacuum relief valve portfolio is a leader in addressing pressure/vacuum safety and pressure management for critical applications across a broad range of attractive end markets
    • Transaction adds complementary portfolio of products to Baker Hughes existing valves product line
    • Acquisition expected to be immediately accretive to earnings and cash flow per share and IET’s segment margins

    HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approximately $540 million.

    Headquartered in Liberty, Missouri, CDC designs and manufactures rupture discs, rupture disc holders, burst disc indicators, pressure- and vacuum-relief valves, flame and detonation arrestors, and related safety products. These products, which are highly complementary to Baker Hughes Industrial & Energy Technology’s (IET) existing Control Valve and High-Pressure Relief Valve offerings, are deployed across a broad range of industries, including applications across pharmaceutical, chemical, food and beverage, oil and gas, and aerospace markets.

    With a large global installed base and essential products that require regular replacement to maintain safety and operational reliability, CDC generates significant recurring revenue. In 2024, approximately 80% of CDC’s $109 million in proforma revenue was recurring – a key driver of its strong returns and highly accretive margin profile.

    The CDC acquisition, along with the recently announced Surface Pressure Control (SPC) transaction and sale of the Precision Sensors & Instrumentation (PSI) product line, advances Baker Hughes’ portfolio optimization strategy designed to drive more durable earnings and cash flow. These actions reflect the company’s disciplined approach to capital allocation, with a focus on core businesses that offer compelling return potential. The addition of CDC aligns with Baker Hughes’ acquisition criteria: a strong strategic fit with growth and synergy opportunities, accretive margins and returns, and a lifecycle business model that supports long-term aftermarket demand and strengthens earnings quality. The acquisition is expected to be immediately accretive to earnings and cash flow per share, as well as IET’s segment margins.

    “We are excited to enhance our industrial portfolio and expand our addressable market with the addition of CDC’s well-established critical pressure management solutions,” Baker Hughes Chairman and CEO Lorenzo Simonelli said. “Together with the recently announced SPC and PSI transactions, this acquisition sets the blueprint for our portfolio optimization strategy – focused on driving higher returns and creating long-term value for our shareholders.”

    “While we will miss working with the extraordinarily dedicated CDC team, we are thrilled to see the business and CDC’s employees join Baker Hughes, a leader in the global process control and energy technology industries. We are confident that Baker Hughes will bring exciting new growth opportunities to the business and its team, given Baker Hughes’ highly complementary product lines and global reach,” added Michael Donner, Partner of Tinicum.

    The acquisition will be funded with cash on hand and is expected to close in the fourth quarter of 2025, subject to completion of all customary conditions and required regulatory approvals.

    Jefferies is serving as financial adviser and King and Spalding is serving as legal adviser for Baker Hughes on this transaction. William Blair & Company and Baird are serving as financial advisers and Morrison Foerster is serving as legal adviser to the board of Continental Disc Corporation.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    About Tinicum
    Tinicum, founded in 1974 as a family investment office, is a private partnership that manages a diversified group of manufacturing, distribution, and industrial technology companies. It seeks to be a trusted partner of business owners and executives who share its belief that long-term prosperity can be created by teams of capable, honest people working together and investing diligently to fulfill the potential of a great business. For more information, visit www.tinicum.com.

    For more information, please contact:

    Media Relations

    Adrienne M. Lynch
    +1 713-906-8407
    adrienne.lynch@bakerhughes.com

    Investor Relations

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network –

  • MIL-OSI: Wedbush Financial Services Acquires Minority Interest in Trigon, Establishing a Strategic Partnership to Expand Global Reach and Enhance Client Solutions

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 16, 2025 (GLOBE NEWSWIRE) — Wedbush Financial Services (WFS), a diversified financial services holding company and parent of Wedbush Securities (WS), and Trigon, a leading Central and Eastern European (CEE) investment banking firm, today announced a strategic partnership in which WFS has acquired a significant minority equity stake in Trigon.

    Through the partnership with WS, Trigon clients will benefit from broader access to global investors, increased ability to lead cross-border equity capital market transactions—including IPOs—and participation in Wedbush-hosted investor conferences and research-driven events. Joint teams from both firms will collaborate on select investment banking mandates, delivering seamless advisory and execution across jurisdictions.

    In tandem, WS establishes a strategic foothold in the fast-growing CEE region, furthering its global strategy, which includes partnerships with leading Asian firms—Maybank Investment Bank, Hana Securities, Yuanta Securities, SK Securities, and Okasan Securities Group—as well as its investment in Velocity Trade. With its growing network of alliances, WS is positioned to support clients across a broader global footprint, navigating complex, multi-market opportunities with integrated, cross-border solutions.

    “We are pleased to welcome Wedbush as a significant minority strategic investor,” said Andrzej Sykulski, Co-founder and Managing Partner at Trigon. “This partnership marks a key milestone in Trigon’s repositioning as a truly global investment banking platform. With expanded access to global markets—particularly the U.S., Canada and Asia—and strengthened cross-border execution capabilities, our clients will benefit from broader investor reach and deeper research coverage. We view Wedbush as a culturally aligned partner that shares our client-first mindset and long-term vision.”

    “We are honored and proud to become a strategic investor in Trigon,” said Gary Wedbush, President & CEO of WFS. “Their leadership position across the CEE, investment banking prowess, and authentic client service culture make them an ideal partner for our global growth strategy. Together, we will offer clients worldwide capabilities with deep local expertise and relentless service.”

    Trigon will continue to operate independently under its current leadership, preserving its entrepreneurial culture, brand, and decision-making structure.

    About Wedbush Financial Services

    Wedbush Financial Services is a diversified financial services holding company. The firm, through WS, provides a wide range of services including investment banking, multi-asset clearing, prime brokerage, wealth management, and brokerage services to both private and institutional clients. Headquartered in Los Angeles, California, WS operates over 100 registered offices and employs nearly 900 professionals. Known for its bespoke client service and use of advanced technology, Wedbush is committed to delivering high-performance solutions across the full range of financial services. Securities and investment advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC

    About Trigon

    Trigon is a leading independent investment banking firm operating in Poland and Central and Eastern Europe since 1989. With a team of over 120 professionals, Trigon specializes in delivering comprehensive advisory services that help clients achieve their strategic goals. The firm is renowned for its deep market understanding, client-first approach, and a track record of executing complex transactions. Trigon’s commitment to excellence has been recognized through numerous accolades, including multiple Euromoney Awards for Excellence, underscoring its position as a trusted partner in the region’s financial landscape.

    Media Inquiries:
    Serina Molano
    publicrelations@wedbush.com
    213-688-4564

    The MIL Network –

  • MIL-OSI: Fairmint Submits Comprehensive Framework to SEC Crypto Task Force to Modernize $6 Trillion Private Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Fairmint, the leading onchain securities platform and SEC-registered transfer agent, today announced its submission of a comprehensive seven-point policy framework to the SEC’s Crypto Task Force, proposing practical steps to revolutionize America’s $6 trillion private securities market through blockchain technology.

    While public markets benefit from regulated infrastructure through DTCC and registered transfer agents, private markets operate in a regulatory gray zone. The $6 trillion private securities ecosystem relies heavily on unregulated cap table vendors offering expensive spreadsheet software with no settlement capabilities and limited regulatory oversight.

    “Private companies are managing billion-dollar cap tables in Excel while public companies have regulated infrastructure,” said Joris Delanoue, CEO of Fairmint. “This creates unnecessary friction, compliance gaps and limits American capital formation. We’ve spent years building the solution to blur the lines between private and public by going onchain. Now we’re sharing the regulatory roadmap to scale it industry-wide.”

    Fairmint’s framework, submitted to Chairman Paul Atkins and Commissioner Hester Peirce, addresses specific operational challenges encountered daily in private securities administration:

    1. Infrastructure Standardization – Protocol-level interoperability enabling seamless integration across transfer agents
    2. Real-Time Regulatory Observability – Observer nodes providing continuous SEC oversight without compromising privacy
    3. Investor Self-Custody Rights – Direct ownership with embedded compliance protections
    4. Knowledge-based Accreditation – Knowledge-based investor qualification replacing outdated wealth thresholds
    5. Non-Custodial Broker-Dealer Framework – Regulatory clarity for smart contract-based intermediation
    6. Regulated DeFi Sandbox – Controlled innovation environment for compliant experimentation
    7. Direct Settlement Architecture – Protocol-based clearing replacing legacy intermediaries

    The framework emphasizes solutions benefiting the entire equity securities ecosystem, reflecting Fairmint’s vision of blurring the lines between traditional and onchain finance. Each point provides concrete implementation steps the SEC can execute under existing authority, focusing on strengthening oversight while enabling technological innovation.

    Fairmint’s recommendations stem from production systems already processing more than $1B in equity onchain. As a registered transfer agent, the company operates within established securities law while demonstrating how blockchain technology can enhance, not circumvent, investor protections. The company’s Open Captable Protocol, which underlies these operational recommendations, is open source and available for industry-wide adoption.

    “This isn’t about competitive advantage, it’s about supercharging private markets through shared infrastructure development while maintaining the regulatory oversight essential for investor protection,” added Delanoue.

    The submission aligns with growing regulatory momentum for blockchain-based financial infrastructure. Chairman Atkins has emphasized technological modernization as a priority, while Commissioner Peirce has advocated for regulatory clarity supporting responsible innovation.

    “The SEC’s thoughtful approach through the Crypto Task Force creates exactly the right environment to strengthen U.S. leadership in financial innovation,” Delanoue said. “We’re contributing operational insights from our own efforts processing equity onchain that can help shape effective policy. We’re showing how existing law can embrace superior technology that provides real-time oversight, immutable records, and programmable compliance. This framework positions America to lead the next generation of financial infrastructure and we look forward to working in conjunction with the SEC to make it happen.”

    The complete framework submission is available here.

    About Fairmint
    Fairmint pioneers regulated DeFi infrastructure, bringing equity securities onchain. We make it easy to issue, manage, and transfer equity while maintaining full regulatory compliance. Founded in 2019 by Joris Delanoue and Thibauld Favre, Fairmint operates as an SEC-registered Transfer Agent and created the Open Cap Table Protocol (OCP), enabling programmable equity and the foundation for compliant onchain finance.

    Media Contact:
    Tara Evans
    Uproar by Moburst for Fairmint
    press@fairmint.com

    The MIL Network –

  • MIL-OSI: Banzai Appoints Michael Kurtzman as Chief Revenue Officer

    Source: GlobeNewswire (MIL-OSI)

    Veteran Revenue and Go-to-Market Executive to Scale Leading Video Engagement, Production, and Webinar Solutions

    SEATTLE, June 16, 2025 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced the appointment of Michael Kurtzman as Chief Revenue Officer of Banzai to head operations and customer-facing functions of leading video engagement, production, and webinar solutions including Demio, CreateStudio, and OpenReel, effective Monday, June 16, 2025.

    Michael Kurtzman is a seasoned revenue and go-to-market executive with more than 20 years of global experience driving growth across startups, growth-stage ventures, and Fortune 50 companies. He has led organizations through revenue expansion from $10 million to over $100 million, with deep expertise in B2B enterprise SaaS and AI solutions across sectors such as financial services, media, and education.

    Most recently, Michael served as CEO of Violett, Inc., an AI-enabled air health platform. Prior to that, he was Chief Revenue Officer at Zype (acquired by Backlight), where he oversaw all revenue and customer-facing functions and led the integration of multiple acquisitions. Earlier in his career, he served as Senior Vice President of Sales at Panopto, a venture-backed SaaS company, where he helped triple annual recurring revenue and supported a successful exit. He also held the role of Vice President of Global Sales at Comcast Technology Solutions, following its acquisition of the Platform.

    “As we enter our next phase of growth, Michael brings the experience and demonstrated success to scale technology companies, and we welcome him to this new role,” said Joe Davy, Founder and CEO of Banzai. “His extensive experience across operations and customer-facing functions will enable him to grow our Video business unit while overseeing sales, marketing, customer support, professional services, and operations, with a dotted-line influence over product management and engineering.”

    “Michael will be responsible for accelerating self-service subscriber growth, enterprise and mid-market expansion, and customer retention, while ensuring the continuous evolution of our product offerings. The primary objective of his role will be to increase revenue in the Video business unit to $50 million over the following three years,” concluded Davy.

    Michael Kurtzman added, “I am honored to be joining Banzai to scale its high-growth SaaS business. Combined with recent acquisitions, Banzai has built intuitive, high-impact AI-powered video solutions with Demio, CreateStudio, and OpenReel that drive engagement, retention, and revenue. I look forward to working with the team to meet our revenue and operational goals in the months and years ahead.”

    About Banzai

    Banzai is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. On a mission to help their customers grow, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Customers who use Banzai’s product suite include Autodesk, Dell Technologies, New York Life, Thermo Fisher Scientific, Thinkific, and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.

    Investor Relations
    Chris Tyson
    Executive Vice President
    MZ Group – MZ North America
    949-491-8235
    BNZI@mzgroup.us
    www.mzgroup.us

    Media
     Nancy Norton
     Chief Legal Officer, Banzai
    media@banzai.io

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 13 06 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 13 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,402,542 3.3153    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,402,542 3.3153    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 8,858 3025p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 16 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: DAMAC Properties Officially Launches DAMAC Chelsea Residences, Introducing a New Era of Urban Luxury in Central Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 16, 2025 (GLOBE NEWSWIRE) — DAMAC Properties Dubai is proud to announce the official launch of DAMAC Chelsea Residences, a new residential development that redefines modern luxury living in the heart of Dubai. Strategically located and inspired by the success of DAMAC CANAL HEIGHTS 2, this timely launch offers buyers and investors a unique opportunity to secure a home in one of the city’s most promising lifestyle communities.

    Set in a prime location with seamless access to Dubai’s financial, commercial, and leisure districts, DAMAC Chelsea Residences is poised to become a new landmark for contemporary living. This launch comes as Dubai’s real estate market continues its strong upward trend, with growing demand for high-end, well-connected properties.

    “We’re excited to bring Chelsea Residences to the market at a time when Dubai is witnessing exceptional demand for premium real estate,” said a DAMAC Properties spokesperson. “This project embodies the essence of urban sophistication, with unmatched design, elite amenities, and a location that speaks to both convenience and prestige.”

    Key Features of DAMAC Chelsea Residences

    • Prime Central Location: Minutes from Burj Khalifa, Dubai Mall, DIFC, top schools, and hospitals
    • Design Influence: Inspired by DAMAC CANAL HEIGHTS 2, with sleek interiors and expansive windows
    • Modern Units: From chic one-bedroom apartments to elegant penthouses
    • Luxury Amenities: Rooftop pool with skyline views, co-working spaces, children’s play zones, private lounges
    • Smart Living: High-end appliances, smart home systems, and full-service property management
    • Security and Services: 24-hour concierge, valet, and advanced security systems

    Ideal for Investors and End-Users

    With Dubai’s property market showing sustained momentum, DAMAC Chelsea Residences offers strong investment appeal. The development is expected to generate high rental yields and long-term value appreciation. DAMAC also provides comprehensive property management solutions, making it an ideal option for both local and international buyers.

    About DAMAC Properties Dubai
    DAMAC Properties has been at the forefront of luxury real estate in the Middle East since 2002, delivering iconic residential, commercial, and leisure properties across the region and beyond. Known for its attention to detail and innovation, DAMAC continues to set new standards for modern living.

    For More Information:
    Visit: https://damacproperties-dubai.com

    Contact:
    Rebeca Pop
    BusyDay Agency
    hello@busyday.agency

    Disclaimer: This content is provided by DAMAC Chelsea Residences. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or business advice. All investments carry inherent risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any inaccuracies, misrepresentations, or financial losses resulting from the use or reliance on the information in this press release. Speculate only with funds you can afford to lose. In the event of any legal claims or concerns regarding this article, we accept no liability or responsibility . Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without warranties or representations of any kind, express or implied. We assume no responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained herein. Any complaints, copyright issues, or inquiries regarding this article should be directed to the content provider listed above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9bebf8d-e42c-4156-bfa3-27068744266c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/386766c0-721f-41dc-b625-8280747a5d74

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d5b34809-e0c9-4b80-8169-06cd1bac80e6

    The MIL Network –

  • MIL-OSI China: China’s economy maintained steady momentum in May amid external uncertainties

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

    BEIJING, June 16 — China’s economy continued to expand steadily in May, supported by ongoing policy measures that helped sustain recovery amid global uncertainties, official data showed on Monday.

    Key economic indicators — industrial production, retail sales, investment and services — extended gains last month, while employment continued its stable trend, according to the National Bureau of Statistics (NBS).

    Noting “a rapidly changing international environment,” NBS spokesperson Fu Linghui said that China’s economy has demonstrated strong resilience and vitality, backed by government efforts to expand domestic demand and maintain the stability of employment, businesses, markets and expectations.

    China’s consumer spending in May posted its strongest growth in nearly 18 months, with retail sales of consumer goods expanding 6.4 percent year on year in May, a 1.3-percentage-point increase from April.

    The services sector accelerated, with the services production index climbing 6.2 percent last month, accelerating from the 6 percent growth recorded in April. “Growing domestic consumption and holiday travel drove faster services growth,” Fu noted.

    Industrial production rose 5.8 percent year on year in May, NBS data shows, with equipment and high-tech manufacturing leading with 9 percent and 8.6 percent respective growth figures. Fixed-asset investment increased 3.7 percent year on year in the first five months of 2025.

    On the job front, the average surveyed urban unemployment rate in China stood at 5 percent in May, down 0.1 percentage points from April.

    “The unemployment rate among the main working population remained stable, with the youth unemployment rate declining for a third consecutive month, reflecting continued stability in the overall job market,” Fu revealed.

    He told press that May’s stable economic performance was built on sustained macro policy efforts, which facilitated demand expansion, production growth and improved expectations, and unleashed economic vitality.

    “The country’s trade-in policies significantly accelerated relevant consumer goods sales,” he noted in particular. Retail sales of household appliances and audio-visual equipment, communication devices, furniture, and cultural and office supplies grew between 25.6 percent and 53 percent year on year last month.

    “Together, these categories contributed 1.9 percentage points to the overall growth of retail sales of consumer goods,” Fu said.

    China launched a consumer goods trade-in program last year to boost consumer spending, subsidizing trade-ins of automobiles, home appliances and home decoration products. It expanded the scope of the program earlier this year.

    The effective implementation of trade-in policies has also boosted consumer demand for green, smart and high-quality products, which in turn drove production growth. In May, the output of new energy vehicles, tablet computers and e-bikes grew 31.7 percent, 30.9 percent and 20.5 percent year on year, respectively.

    Fu said that this overall performance suggests strong support for China’s economic growth throughout the year, but also cautioned about the complicated, severe external environment and domestic pressure from the transition from traditional economic drivers.

    China’s gross domestic product grew 5.4 percent year on year in the first quarter of 2025. The country is targeting full-year economic growth of about 5 percent this year.

    Looking ahead, Fu said that the foundation underpinning China’s long-term economic development has not changed, citing the country’s solid development momentum, effective pro-growth policies and strengthened innovation, all of which provide support for quality growth.

    “For the first half of 2025, the Chinese economy is expected to maintain its overall stability while achieving stable progress,” he said.

    He pledged that China will work to implement its more proactive macro policies, enhance innovation-driven development, and steadily advance high-quality growth to promote solid, sustained economic development.

    “China has ample policy reserves that allow for dynamic adjustments to address evolving challenges, which will ensure continued support for stable economic operations,” Fu said.

    MIL OSI China News –

  • MIL-OSI China: China-Central Asia freight trains soaring amid closer economic ties

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

    The whistle of a freight train echoed through Wujiashan Station in the central Chinese city of Wuhan Saturday. The train loaded with 55 containers including 10 carrying hot melt adhesive — a construction material in high demand in Central Asia — was bound for Uzbekistan.

    “Since April this year, the route from Wuhan to Central Asia has become a regular service, operating one train per week,” said Wang Ziye, business manager at a railway operation company. A week later, another train carrying 51 containers of auto parts is scheduled to depart for Uzbekistan.

    Wuhan’s new rail link is part of a broader freight train network that has rapidly expanded across the country, reflecting deepening economic and trade relations between China and Central Asian countries.

    The network has been particularly busy this year. On May 20, the northern Chinese city of Tianjin sent 50 containers of auto parts, machinery, construction materials, and home appliances to Tashkent, Uzbekistan.

    Southwestern Chongqing city dispatched in April its inaugural regular Central Asia train, loaded with polyester chips, with plans for two trains per month. In late March, Gansu Province saw its first direct train to Almaty, Kazakhstan, transporting 183 automobiles.

    Despite global trade headwinds, the China-Central Asia freight train network is thriving, acting as a vital and stable trade artery.

    In 2024, 27 Chinese provinces and cities operated 11,920 freight trains to Central Asia, an 11.3 percent increase from the previous year. The total cargo transported reached 882,712 twenty-foot equivalent units (TEUs), up 13.2 percent.

    Fu Kun, a sales manager at a Chongqing-based supply chain company, attributes this growth to complementary market demands between China and Central Asian countries. The Chinese market, especially China’s western regions, and Central Asia have growing mutual needs, driving increased trade flows, he said.

    Zhao Lixun, general manager of a freight company in Tianjin, believes that regular China-Central Asia train services have lowered costs and improved logistics efficiency and reliability.

    The freight network has created a robust trade corridor, facilitating the flow of Chinese goods like home appliances, daily necessities, and new energy vehicles into Central Asia, while also bringing Central Asian products such as fertilizers, cotton, and beef to Chinese consumers.

    China’s central and western regions, in particular, have vigorously participated in the economic and trade cooperation with Central Asia. Notably, as the latest evidence of the popularity of Central Asian goods in China’s vast market, high-quality wheat flour from Kazakhstan is now used to cook local Chinese delicacies.

    Liu Guangwu, deputy general manager of a Gansu-based international logistics company, said that trade has diversified from basic goods like aluminum and fruit to include daily necessities, auto parts, machinery, and furniture hardware.

    Official customs data show that trade between China and Central Asian countries reached a record 94.8 billion U.S. dollars in 2024, an increase of 5.4 billion U.S. dollars over the previous year.

    Ding Xiaoxing, a research fellow at the China Institutes of Contemporary International Relations, said China is now the largest trading partner and top investor for multiple Central Asian countries, noting that the country’s cumulative investment in Central Asia has surpassed 30 billion U.S. dollars. 

    MIL OSI China News –

  • MIL-OSI: OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 16, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today provided a business update outlining its recent accomplishments as the Company prepares for its inaugural earnings call following its successful Nasdaq listing in May 2025.

    Operational Highlights

    • New order win in Angola and renewed contract in Thailand; Southeast Asia emerging as driving force in customer acquisition
    • Expanding business footprint and growing talent pool
    • R&D achievements and partnerships steadily enriching product portfolio
    • Consistent enhancements to occupational health, safety and environmental management
    • Development initiatives fostering revenue diversification and enhancing financial stability

    Mr. How Meng Hock, CEO of OMS Energy Technologies Inc., commented, “We’re excited to begin our journey as a public company with a healthy operational foundation, underscored by thriving customer relationships and partnerships, an expanding brand presence and cutting-edge R&D and manufacturing capabilities. We are also supported by a strong balance sheet and a deep commitment to prudent financial management, positioning us to quickly and flexibly execute our development strategy when suitable opportunities arise. With our focus on exceptional service and dedication to crafting superior products, we’re confident of delivering innovative solutions to a growing, global customer base, creating value for all of our stakeholders.”

    Customer Growth and Diversification

    Offering a broad array of highly engineered products and customizable solutions for the oil and gas industry, OMS is anchored by a solid base of long-term contracts and longstanding relationships with global and local oil companies, drilling contractors, E&P and oilfield service providers across the Asia Pacific, Middle East and North Africa (MENA), and West African regions. The Company recently entered the Angola market and has secured a letter of award through its Middle East representative for the supply of surface wellhead systems to Grupo Simples Oil in the Onshore Kwanza Basin Block of KON-06 in Angola, expanding its brand presence in West Africa.

    In the Indonesian market, the Company’s marketing efforts are attracting new customers, such as PT Seleraya Belida (South Sumatra) and Pertamina Hulu Sanga Sanga (East Kalimantan), and driving steady growth in sales of surface wellhead and Christmas tree products.

    OMS’ existing customer base continues to exhibit strong loyalty. In June, PTTEP, a long-term customer in the Thailand market, signed a new three-year agreement effective July 1, 2025, further stabilizing the Company’s revenue base. The Company also inked a 10-year supply agreement with Saudi Aramco in early 2024, projected to generate an estimated $120 to $200 million annually. Moreover, the Company’s annual price agreement with Halliburton continues to fuel robust order volumes at its Malaysia and Singapore facilities.

    Geographic and Talent Pool Expansion

    OMS boasts a broad geographic footprint in the oil-rich Asia Pacific and MENA regions, with 11 manufacturing facilities strategically situated across six countries (Singapore, Malaysia, Brunei, Saudi Arabia, Thailand, and Indonesia). By hiring local citizens, producing products and services within these jurisdictions, and sourcing high-value materials locally, the Company establishes eligibility to participate in government tenders and contracts, boosting its competitive edge. Employing locals also helps the Company meet the requirements of localization programs such as IKTVA in Saudi Arabia and TKDN in Indonesia while enriching its talent pool. The Company is exploring new operating jurisdictions to increase market share and extending its reach globally through a growing number of export countries.

    Product Development & Manufacturing Advancements

    OMS’s $1.1 million investment in Additive Manufacturing (AM) research is propelling progress in the development of a metallic seal for the Company’s high-pressure-high temperature (HPHT) gate valves, a technological breakthrough that promises to promote innovation, improve supply chain efficiency and enable better material selection for critical components. To date, OMS has completed Phase 1 of its proof of concept, covering material selection, additive manufacturing methodology and stress analysis on the part for fit, form and function for using this method. The Company continues to invest in R&D, forging partnerships with top institutions such as the Singapore Institute of Manufacturing and Technology (SIMTech) to remain at the forefront of industry innovation.

    Meanwhile, the Company is steadily delivering on orders placed under its long-term agreements with Saudi Aramco and Halliburton Malaysia and Singapore, leveraging its precision manufacturing expertise and strategically-located facilities to produce mission-critical products and custom solutions with shorter lead times. A healthy, balanced manufacturing capacity utilization level empowers OMS to seamlessly meet rising demand from new and existing customers.

    Occupational Health, Safety and Environmental Management Enhancements

    Safety and environmental protection are critical to the oil and gas industry and a key cornerstone of OMS’ operations. The Company holds ISO 9001 and API Q1 quality management system certifications for all of its manufacturing sites, as well as ISO 45001-Occupational Health and Safety Management System and ISO 14001-Environmental Management System certifications. The Company recently completed the annual surveillance audit required to maintain its ISO 45001 and ISO 14001 certifications, a crucial step in the Company’s ongoing implementation of ESG programs.

    Strategic Development Initiatives

    Sustainable, long-term growth remains OMS’ top priority. The Company’s R&D collaboration with Singapore’s Agency for Science, Technology and Research (A*STAR) and SIMTech reflects its commitment to environmental sustainability, covering life cycle analysis, energy efficiency monitoring and digital transformation and innovation. OMS is also actively exploring growth and revenue diversification through acquisitions, joint ventures and strategic alliances. By driving development both organically and externally, OMS is creating a more resilient and balanced portfolio, strengthening the backbone of its business.

    About OMS Energy Technologies Inc.

    OMS Energy Technologies Inc. (NASDAQ: OMSE) is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted single-source supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

    For more information, please visit ir.omsos.com.

    Forward-Looking Statements

    The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance and include statements regarding the expected size, timing and results of the initial public offering. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “budget,” “plan,” “seek,” “envision,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” as well as the negative of these terms and similar expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

    Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in OMS’s prospectus. OMS undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

    For investor and media inquiries, please contact:

    OMS Energy Technologies Inc.
    Investor Relations
    Email: ir@omsos.com

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    Email: oms@thepiacentegroup.com

    Hui Fan
    Tel: +86-10-6508-0677
    Email: oms@thepiacentegroup.com

    The MIL Network –

  • MIL-OSI Africa: African Development Bank, British International Investment and European Bank of Reconstruction and Development support pioneering solar and battery storage project in Egypt with $476 million loan

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

    Download logo

    • Egypt’s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak demand. 
    • It is expected to generate approximately 3,000 GWh of clean energy and avoid up to 1.4 million tons of emissions annually, supporting Egypt’s decarbonisation goals.

    The African Development Bank (www.AfDB.org), European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK’s development finance institution and impact investor, are providing $479.1 million to Obelisk Solar Power SAE, a special purpose vehicle incorporated in Egypt, and owned by Scatec ASA (http://apo-opa.co/3SSYfFL). This financing will support  the development of a 1 GW solar photovoltaic (PV) power plant integrated with a 200 MWh Battery Energy Storage System (BESS) in the country’s Nagaa Hammadi region.

    The African Development Bank Group’s financing package of $184.1 million includes $125.5 million in commercial loans, as well as concessional funding from Bank Group-managed Special Funds the Sustainable Energy Fund for Africa (SEFA) worth $20 million, and $18.6 million from the Canada-African Development Bank Climate Fund, a partnership of the African Development Bank and the Government of Canada. A further $20 million will be channelled from the Climate Investment Funds’ Clean Technology Fund through the African Development Bank. The Bank’s Board of Directors approved the funding package on 11 June 2025 (https://apo-opa.co/4le4gsV).

    EBRD will be providing a financing package of up to $173.5 million, of which US$101.9 million will benefit from a European Fund for Sustainable Development (EFSD+) first loss cover guarantee for the first 18 years, in addition to a $6.5 million grant to be provided by the EBRD Shareholder Special Fund.

    BII financing includes a US$100 million concessional loan and a US$15 million returnable grant that helps lower the overall cost of the BESS part of the project, making it more financially viable and affordable, while attracting private sector participation and creating models for future investments. BII’s financing is subject to drawn down conditions.

    The project’s blended financing of $475.6 million corresponds to approximately 80 per cent of the total estimated capital expenditure of $590 million.

    The integrated power plant will be developed by Scatec, a leading renewable energy solutions provider, and built in two phases. The first phase, with 561 MW of solar and 100 MW/200 MWh of battery storage, aims to begin operations in the first half of 2026. The second phase of 564 MW solar aims to start operations in the second half of 2026. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company, backed by a sovereign guarantee.

    Upon completion, it will be the first integrated solar photovoltaic and battery storage project of this scale in Egypt, representing a significant milestone in the country’s energy transition. Egypt aims to reach 42 per cent of renewables in its power mix by 2030. The solar power plant is estimated to generate approximately 3,000GWh per year of additional renewable power, which will enhance grid stability and manage peak demand. It will also reduce carbon dioxide emissions by up to 1.4 million metric tons annually.

    The facility will support the diversification of Egypt’s energy mix and will increase the share of renewable energy contributing to the reduction of greenhouse gas emissions and supporting the country’s decarbonisation goals.

    Egypt’s Minister of Planning, Economic Development and International Cooperation, Dr. Rania A. Al-Mashat: “The Obelisk Solar Power project represents a landmark in Egypt’s clean energy transition, not only as the first integrated solar and battery storage facility, but also as a model for innovative financing through effective multilateral partnerships. It reflects our continued efforts to scale renewable energy, enhance grid resilience, and drive forward the implementation of Egypt’s Nexus of Water, Food and Energy (NWFE) Country Platform, thus  advancing our climate ambitions and creating new opportunities for private sector engagement and sustainable development.”

    Wale Shonibare, The African Development Bank’s Director of Energy Financial Solutions, Policy, and Regulations noted: “This project exemplifies the scale of renewable energy potential across Africa and demonstrates how strong partnerships and innovative solutions can advance the energy transition and foster sustainable economic development. It has a high demonstration and replication potential for similar initiatives across the continent.”

    Iain Macaulay, Director and Head of Project Finance (Africa & Pakistan), BII said: “This agreement underscores BII’s commitment to innovative and sustainable energy solutions. The integration of battery storage with solar PV is a game-changer for Egypt’s energy sector, providing reliable and dispatchable renewable energy and reducing reliance on fossil fuels. This project not only meets Egypt’s current energy needs but also sets a precedent for future dispatchable hybrid renewable energy projects in the region.”

    Boyd Carpenter, EBRD Managing Director for sustainable Infrastructure, said: “We’re delighted to work with our longstanding partners SCATEC, African Development Bank and BII to support this transformative project, which takes Egypt’s green energy transition to another level by harnessing the power of the sun not just during the day but also at night, thanks to the combination of solar and battery storage. It addresses the growing demand for electricity and reduces the need to import expensive fossil fuels. The project contributes towards the goals of the Egypt’s flagship Nexus on Water, Food, and Energy which was launched at COP27 in Sharm El Sheikh, and for which EBRD is Egypt’s lead partner on the energy pillar.”

    Stefano Sannino, Director-General of the Directorate-General for the Middle East, North Africa and Gulf of the European Commission said: “Today, the European Union (EU) launches the EU-Egypt Investment Guarantee for Development Mechanism, a strategic platform designed to fast-track a significant pipeline of investment projects to deliver large-scale financing solutions in Egypt. This is a major milestone in the implementation of the EU-Egypt Strategic Partnership. This particular project is a concrete example of a fruitful collaboration between the EU and the EBRD for supporting green transition in the country, through a large-scale investment. The EU guarantee allows the EBRD to provide a loan alongside other financiers to finance an innovative integrated solution which can attract private investors.”

    Terje Pilskog, CEO of Scatec, the project’s operation and maintenance contractor, said: “This project marks a major milestone for Scatec. It proves our ability to deliver large-scale hybrid projects. We are proud to partner with leading development finance institutions to support Egypt’s clean energy ambitions, and we look forward to delivering this important project together with our partners.”

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

    For media inquiries please contact:
    The African Development Bank
    Olufemi Terry
    media@afdb.org

    British International Investment
    Paschorina Mortty
    press@bii.co.uk

    The European Bank for Development and Reconstruction
    Nibal Zgheib
    zgheibn@ebrd.com

    Scatec
    Meera Bhatia
    meera.bhatia@scatec.com

    Follow British International Investment on: 
    LinkedIn: http://apo-opa.co/4jPtTPq  
    X: http://apo-opa.co/4kILGJi

    Follow The European Bank for Development and Reconstruction on:
    Web: http://apo-opa.co/4kHHidA
    Facebook: http://apo-opa.co/409LVF1
    LinkedIn: http://apo-opa.co/400CnMA
    Instagram: http://apo-opa.co/45s0OGs
    Twitter: http://apo-opa.co/45vClQB 
    YouTube: http://apo-opa.co/4jQZiRu

    About British International Investment:
    British International Investment is the UK’s development finance institution and impact investor. As a trusted investment partner to businesses in Africa, Asia and the Caribbean, BII invests to create productive, sustainable and inclusive economies in our markets. Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development. The company has investments in over 1,580 businesses across 65 countries and total net assets of £8.5 billion. For more information, visit: www.BII.co.uk | watch here (http://apo-opa.co/4jOKyTr). 

    About The European Bank for Development and Reconstruction:
    The EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 economies across three continents. The Bank is owned by 75 countries as well as the EU and the EIB. EBRD investments are aimed at making the economies in its regions competitive (http://apo-opa.co/4jWC9xg), inclusive (http://apo-opa.co/3FWLuqT), well-governed (http://apo-opa.co/4kNijpm), green (http://apo-opa.co/43Yjvin), resilient and integrated (http://apo-opa.co/3TrRBq8). 

    MIL OSI Africa –

  • MIL-OSI Analysis: Trade in a mythical fish is threatening real species of rays that are rare and at risk

    Source: The Conversation – USA – By James Marcus Drymon, Associate Extension Professor in Marine Fisheries Ecology, Mississippi State University

    These ‘pez diablo,’ or devil fish, are actually guitarfishes that have been caught, killed, dried and carved into exotic shapes. Bryan Huerta-Beltrán, CC BY-ND

    From the Loch Ness monster to Bigfoot, also known as Sasquatch, to the jackalope of the U.S. West, mythical animals have long captured human imagination.

    Some people are so fascinated with mythical creatures that they create their own, either working from pure fantasy or by modifying real animals. In a newly published study, we show that in countries such as Mexico, people are catching, drying and shaping guitarfishes – members of the rhino ray family, one of the most threatened groups of marine fishes – to create mythical specimens called “pez diablo,” or devil fish.

    Depending on where these curios are sold, they might also be referred to as Jenny Hanivers, garadiávolos or rayas chupacabras. The origin and meaning of the term “Jenny Haniver” is unclear, but the most accepted explanation is “Jeune d’Anvers,” or “young girl from Antwerp” in French.

    We found that pez diablo are made for many reasons, including as curios for the tourist trade and as purported cures for cancer, arthritis and anemia. Some are simply used for hoaxes. Regardless, the pez diablo trade could threaten the survival of guitarfishes.

    Young guitarfishes on display at the New England Aquarium in Boston.

    Fishy talismans

    Skates and rays, including guitarfishes, are flat-bodied fishes related to sharks and are found worldwide. Together, they make up a group known as elasmobranchs, which are characterized by their unique skeletons made of cartilage rather than bone like most other fishes.

    Skates have long been used to craft mythical creatures. The earliest known examples date back to 1558 in Europe, where they were fashioned to resemble dragons. These objects were thought to offer pathways to the divine or medicinal cures.

    In the mid-20th century, dried guitarfishes emerged as a new generation of mythical creatures. This may be because their unique shape can be fashioned into more humanlike forms. Their long nostrils, which are positioned just above their mouths, can resemble eyes.

    The ‘eyes’ of these dried guitarfishes are actually nostrils on top of the fishes’ long, pointed snouts.
    Bryan Huerta-Beltrán, CC BY-ND

    The first known case of a modified guitarfish was described in 1933. Since then, specimens have made their way into museums, and dozens of North American newspapers have published stories featuring modified guitarfishes.

    A real and endangered fish

    Guitarfishes are one of the most threatened vertebrate groups on the planet: Without careful management, they are at risk of global extinction. As many as two-thirds of all guitarfishes are classified as threatened on the IUCN Red List, a global inventory that assesses extinction risks to wild species.

    Guitarfishes are found in warm temperate and tropical oceans around the world. Fishers target them as an inexpensive source of protein. Guitarfishes may also be caught accidentally or collected live for the aquarium trade.

    Ultimately, however, these species are worth more as pez diablo than for other uses. For example, an entire fresh guitarfish in Mexico is worth approximately US$2, whereas guitarfish that have been killed, dried and carved into pez diablo can be worth anywhere from $50–$500 on eBay and other e-commerce sites.

    Curbing the pez diablo trade

    Internationally, the guitarfish trade is regulated by the Convention on International Trade in Endangered Species of Wild Fauna and Flora, an international agreement between governments. This agreement requires member countries to manage guitarfish trade across international borders.

    Most countries where guitarfishes occur, however, do not have national regulations to protect these species. As a result, people who create or sell pez diablo are likely unaware that these fishes are threatened.

    There are as many as 37 species of guitarfish, some of which are at higher risk of extinction than others. Yet to the untrained eye, it can be hard to distinguish one guitarfish species from another. It’s especially hard to identify dried and mutilated guitarfishes that have been processed into pez diablo and look very different from their natural form.

    An intact guitarfish, left, and a carved, dried version.
    Bryan Huerta-Beltrán, CC BY-ND

    This is a common challenge for agencies that monitor trade in animal products. The global wildlife trade is an enormous market, involving billions of animals moving through both legal and illegal channels. Many wildlife products are heavily altered, which makes it hard to identify the species and determine where the product came from.

    Another source of confusion is that many people in Mexico also refer to an invasive freshwater fish that has overrun lakes and rivers across the nation as pez diablo. This “other” pez diablo is actually a suckermouth catfish and is not at all related to any of the threatened guitarfishes. Local education efforts need to distinguish clearly between these two species, since the desired outcome is to protect guitarfish while removing the invasive catfish.

    A dried and modified guitarfish, left, compared with an invasive suckermouth catfish.
    Bryan Huerta-Beltrán, CC BY-ND

    Guitarfish CSI

    Fortunately, advances in wildlife forensics offer a way to distinguish between species. Molecular techniques have been used to identify many illegally traded species, including guitarfishes. By taking a small skin sample, scientists can use DNA to identify the species of individual pez diablo. This method can help protect endangered species by helping to ensure that laws against wildlife trafficking are followed.

    Refining this kind of molecular tool is the most promising way to improve traceability in the trade of guitarfishes. By documenting where and how pez diablo are traded, scientists and conservationists can help clarify the threats to these species. The pez diablo is an imaginary creature, but it is doing real harm to threatened guitarfishes in the world’s warm oceans.

    Bryan Huerta-Beltran receives funding from Save Our Seas Foundation.

    Nicole Phillips is affiliated with the Sawfish Conservation Society and receives funding from the Save Our Seas Foundation.

    James Marcus Drymon and Peter Kyne do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Trade in a mythical fish is threatening real species of rays that are rare and at risk – https://theconversation.com/trade-in-a-mythical-fish-is-threatening-real-species-of-rays-that-are-rare-and-at-risk-247433

    MIL OSI Analysis –

  • MIL-OSI Asia-Pac: Alert issued over fake interviews

    Source: Hong Kong Information Services

    The Commerce & Economic Development Bureau today urged the public to be vigilant against deceptive online advertisements that include purported interviews with the Secretary for Commerce & Economic Development.

    The bureau made it clear that the interviews and remarks are fictitious. It also warned people not to visit any suspicious transaction platforms via links included in these advertisements or to provide personal information.

    The incident has been referred to Police for investigation. 

    MIL OSI Asia Pacific News –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale with Mobile Mining, 100,000 TPS, and $20 Launch Price Ahead

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 16, 2025 (GLOBE NEWSWIRE) — The countdown has begun. Bitcoin Solaris (BTC-S), a next-generation blockchain project engineered for speed, fairness, and global accessibility, is now in Phase 8 of its presale, with just under seven weeks remaining before the final launch.

    Priced at $8 in the current round and set to debut at $20, the presale presents investors with a potential 150% return before the token even hits exchanges. Backed by more than 11,500 participants and over $4.5M already raised, Bitcoin Solaris is generating significant momentum as it prepares to deliver a more accessible and inclusive approach to blockchain participation.

    Bitcoin Solaris: Engineered for the Next Generation of Wealth

    Here’s what makes Bitcoin Solaris a standout:

    • Dual-Layer Architecture: Combines a SHA-256 Proof-of-Work base with a Delegated Proof-of-Stake Solaris Layer for scalability and decentralization.
    • Validator Rotation: 21 validators rotate every 24 hours to maintain fairness.
    • Up to 100,000 TPS: Transactions finalize in just 2 seconds.
    • Rust-based smart contracts: Powerful, secure, and ready for cross-chain execution.
    • Energy Efficient: Uses 99.95% less energy than Bitcoin.

    BTC-S is battle-tested. Audits by Cyberscope and Freshcoins confirm its security and performance benchmarks, giving investors added confidence.

    Mobile Mining: Your Device, Your Income

    Through the exciting release of the upcoming Solaris Nova App, anyone with a smartphone, laptop, or standard PC can mine BTC-S. It’s a true shift in how mining works:

    • Accessible from anywhere
    • Dynamic power scoring for fairness
    • No rigs, no barriers

    To estimate what your device could earn, check the official mining calculator. It’s the first time mining feels this democratic.

    The Blockchain Revolution Just Went Mobile Explore BTC-S Now

    Tokenomics That Actually Reward Participation

    Most projects claim fairness. Bitcoin Solaris backs it with a real structure. Its tokenomics reflect the same 21 million fixed-supply model as Bitcoin, but with smarter allocation:

    • 66.66% for mining over 90 years
    • 20% for presale
    • 5% for liquidity pools
    • 2% for ecosystem development
    • 2% for community rewards
    • 2% for staking rewards
    • 2% for marketing
    • 0.33% for the team and advisors

    This ensures most of the supply goes to users, not insiders, making it one of the most user-forward tokenomics models in the industry.

    Where It’s Going: Highlights from the Roadmap

    Unlike slow-to-ship competitors, Bitcoin Solaris has a locked roadmap focused on rapid progress:

    • Q3 2026: Full mainnet release with DPoS validators and mobile mining
    • Q4 2026: Integration of the Mining Power Marketplace
    • 2027+: Focus on quantum-resistant upgrades, layer-2 solutions, and institutional utility

    From governance to scalability, every step is built for global growth.

    Crypto Voices Are Getting Louder

    The hype isn’t isolated. Influencers are calling it early:

    • 2Bit Crypto broke down how Bitcoin Solaris overcomes Bitcoin’s limitations and makes mining fair again.
    • Ben Crypto praised BTC-S as one of the few projects that could scale while still preserving decentralization and value generation for holders.

    With voices like these behind it, BTC-S is gaining the traction early Bitcoin once had, only faster.

    The Presale That’s Turning Heads

    We’re now deep into Phase 7 of the presale:

    • Current price: $8
    • Next phase: $9
    • Launch price: $20
    • 233% return potential
    • Over 11,500 participants
    • More than $4.5M raised
    • Less than 7 weeks remaining

    This is being called one of the shortest and most explosive presales in recent memory. Bitcoin Solaris is proving that timing and tech are finally on the side of the everyday investor.

    Final Verdict: You Missed Bitcoin at $10 Don’t Miss This

    Bitcoin Solaris isn’t just the next project. It’s a second chance. With mobile mining, 100,000 TPS, and a fair launch model, it’s positioned to democratize wealth in a way Bitcoin never could.

    If you watched history unfold and wished you were there earlier, this is it. Don’t just invest. This time, participate.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f6f110ba-d828-4392-8802-73e95666c4cc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5a80f8c2-b37b-4da3-878f-214cc0c653d4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e51ce35b-34ba-419a-bc7a-f99015a2d1a0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/19593feb-7698-4280-b3ef-116493e8993c

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale with Mobile Mining, 100,000 TPS, and $20 Launch Price Ahead

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 16, 2025 (GLOBE NEWSWIRE) — The countdown has begun. Bitcoin Solaris (BTC-S), a next-generation blockchain project engineered for speed, fairness, and global accessibility, is now in Phase 8 of its presale, with just under seven weeks remaining before the final launch.

    Priced at $8 in the current round and set to debut at $20, the presale presents investors with a potential 150% return before the token even hits exchanges. Backed by more than 11,500 participants and over $4.5M already raised, Bitcoin Solaris is generating significant momentum as it prepares to deliver a more accessible and inclusive approach to blockchain participation.

    Bitcoin Solaris: Engineered for the Next Generation of Wealth

    Here’s what makes Bitcoin Solaris a standout:

    • Dual-Layer Architecture: Combines a SHA-256 Proof-of-Work base with a Delegated Proof-of-Stake Solaris Layer for scalability and decentralization.
    • Validator Rotation: 21 validators rotate every 24 hours to maintain fairness.
    • Up to 100,000 TPS: Transactions finalize in just 2 seconds.
    • Rust-based smart contracts: Powerful, secure, and ready for cross-chain execution.
    • Energy Efficient: Uses 99.95% less energy than Bitcoin.

    BTC-S is battle-tested. Audits by Cyberscope and Freshcoins confirm its security and performance benchmarks, giving investors added confidence.

    Mobile Mining: Your Device, Your Income

    Through the exciting release of the upcoming Solaris Nova App, anyone with a smartphone, laptop, or standard PC can mine BTC-S. It’s a true shift in how mining works:

    • Accessible from anywhere
    • Dynamic power scoring for fairness
    • No rigs, no barriers

    To estimate what your device could earn, check the official mining calculator. It’s the first time mining feels this democratic.

    The Blockchain Revolution Just Went Mobile Explore BTC-S Now

    Tokenomics That Actually Reward Participation

    Most projects claim fairness. Bitcoin Solaris backs it with a real structure. Its tokenomics reflect the same 21 million fixed-supply model as Bitcoin, but with smarter allocation:

    • 66.66% for mining over 90 years
    • 20% for presale
    • 5% for liquidity pools
    • 2% for ecosystem development
    • 2% for community rewards
    • 2% for staking rewards
    • 2% for marketing
    • 0.33% for the team and advisors

    This ensures most of the supply goes to users, not insiders, making it one of the most user-forward tokenomics models in the industry.

    Where It’s Going: Highlights from the Roadmap

    Unlike slow-to-ship competitors, Bitcoin Solaris has a locked roadmap focused on rapid progress:

    • Q3 2026: Full mainnet release with DPoS validators and mobile mining
    • Q4 2026: Integration of the Mining Power Marketplace
    • 2027+: Focus on quantum-resistant upgrades, layer-2 solutions, and institutional utility

    From governance to scalability, every step is built for global growth.

    Crypto Voices Are Getting Louder

    The hype isn’t isolated. Influencers are calling it early:

    • 2Bit Crypto broke down how Bitcoin Solaris overcomes Bitcoin’s limitations and makes mining fair again.
    • Ben Crypto praised BTC-S as one of the few projects that could scale while still preserving decentralization and value generation for holders.

    With voices like these behind it, BTC-S is gaining the traction early Bitcoin once had, only faster.

    The Presale That’s Turning Heads

    We’re now deep into Phase 7 of the presale:

    • Current price: $8
    • Next phase: $9
    • Launch price: $20
    • 233% return potential
    • Over 11,500 participants
    • More than $4.5M raised
    • Less than 7 weeks remaining

    This is being called one of the shortest and most explosive presales in recent memory. Bitcoin Solaris is proving that timing and tech are finally on the side of the everyday investor.

    Final Verdict: You Missed Bitcoin at $10 Don’t Miss This

    Bitcoin Solaris isn’t just the next project. It’s a second chance. With mobile mining, 100,000 TPS, and a fair launch model, it’s positioned to democratize wealth in a way Bitcoin never could.

    If you watched history unfold and wished you were there earlier, this is it. Don’t just invest. This time, participate.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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    Photos accompanying this announcement are available at:

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    The MIL Network –

  • MIL-OSI: Enphase Energy Rolls Out IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Across More European Countries

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., June 16, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P™ with FlexPhase, for customers in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing unmatched flexibility to meet diverse home energy needs. Enphase also launched the IQ Battery 5P with FlexPhase in Poland, Luxembourg, Germany, Austria, and Switzerland earlier this year.

    The IQ Battery 5P with FlexPhase starts at 5 kWh of capacity and can be configured up to 70 kWh. Each 5 kWh battery delivers continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands.

    “Following recent blackouts in Spain, the need for reliable home energy solutions has never been higher,” said Miguel Rico Benitez, CEO at HogarSolar, a Platinum level installer of Enphase products in Spain. “There’s a growing urgency for reliable home energy solutions – and the IQ Battery 5P with FlexPhase offers the performance and resilience households need now more than ever.”

    “The IQ Battery 5P with FlexPhase is a major step forward for energy storage in France,” said Thomas Poncet, owner of IdeeSys, an installer of Enphase products in France. “With powerful backup capabilities, scalable capacity, and long-term reliability, it’s exactly the kind of smart, future-ready technology our customers are looking for.”

    “Belgian homeowners are increasingly looking for smart, future-ready energy systems that can adapt to their unique needs,” said Kristof Lassaut, CEO of K.L. Green Energy, an installer of Enphase products in Belgium. “The IQ Battery 5P with FlexPhase delivers outstanding flexibility, whether it’s single-phase or three-phase, and brings the kind of long-term reliability our customers trust. And now, with the IQ System Controller available, homeowners can also get reliable backup power for added peace of mind.”

    “Adaptability is everything for Dutch homeowners when it comes to home energy, and the IQ Battery 5P with FlexPhase delivers just that,” said Paul Cortvriend, owner of Savo Solar Systemen, an installer of Enphase products in the Netherlands. “We love that the battery accommodates both single-phase and three-phase systems, letting us customize the perfect backup solution for each home. Enphase continues to lead the industry with innovations like this.”

    “The IQ Battery 5P with FlexPhase was engineered to meet the growing demand for resilient, scalable home energy solutions across Europe,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We’re excited to continue expanding access to our most powerful battery yet – bringing reliable, high-performance storage to more homeowners and helping accelerate Europe’s transition to a cleaner, more resilient energy future.”

    For more information about the IQ Battery 5P with FlexPhase, please visit the Enphase website for Spain, Portugal, France, Sweden, Denmark, Belgium (French and Dutch), and the Netherlands.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://investor.enphase.com.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Enphase Energy Rolls Out IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Across More European Countries

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., June 16, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P™ with FlexPhase, for customers in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing unmatched flexibility to meet diverse home energy needs. Enphase also launched the IQ Battery 5P with FlexPhase in Poland, Luxembourg, Germany, Austria, and Switzerland earlier this year.

    The IQ Battery 5P with FlexPhase starts at 5 kWh of capacity and can be configured up to 70 kWh. Each 5 kWh battery delivers continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands.

    “Following recent blackouts in Spain, the need for reliable home energy solutions has never been higher,” said Miguel Rico Benitez, CEO at HogarSolar, a Platinum level installer of Enphase products in Spain. “There’s a growing urgency for reliable home energy solutions – and the IQ Battery 5P with FlexPhase offers the performance and resilience households need now more than ever.”

    “The IQ Battery 5P with FlexPhase is a major step forward for energy storage in France,” said Thomas Poncet, owner of IdeeSys, an installer of Enphase products in France. “With powerful backup capabilities, scalable capacity, and long-term reliability, it’s exactly the kind of smart, future-ready technology our customers are looking for.”

    “Belgian homeowners are increasingly looking for smart, future-ready energy systems that can adapt to their unique needs,” said Kristof Lassaut, CEO of K.L. Green Energy, an installer of Enphase products in Belgium. “The IQ Battery 5P with FlexPhase delivers outstanding flexibility, whether it’s single-phase or three-phase, and brings the kind of long-term reliability our customers trust. And now, with the IQ System Controller available, homeowners can also get reliable backup power for added peace of mind.”

    “Adaptability is everything for Dutch homeowners when it comes to home energy, and the IQ Battery 5P with FlexPhase delivers just that,” said Paul Cortvriend, owner of Savo Solar Systemen, an installer of Enphase products in the Netherlands. “We love that the battery accommodates both single-phase and three-phase systems, letting us customize the perfect backup solution for each home. Enphase continues to lead the industry with innovations like this.”

    “The IQ Battery 5P with FlexPhase was engineered to meet the growing demand for resilient, scalable home energy solutions across Europe,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We’re excited to continue expanding access to our most powerful battery yet – bringing reliable, high-performance storage to more homeowners and helping accelerate Europe’s transition to a cleaner, more resilient energy future.”

    For more information about the IQ Battery 5P with FlexPhase, please visit the Enphase website for Spain, Portugal, France, Sweden, Denmark, Belgium (French and Dutch), and the Netherlands.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://investor.enphase.com.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: Slide Raises $25M Series A led by Base10 Partners to Accelerate Market Growth, Expands to Canada

    Source: GlobeNewswire (MIL-OSI)

    NORWALK, Conn., June 16, 2025 (GLOBE NEWSWIRE) — Slide, the next-generation BCDR (Business Continuity and Disaster Recovery) platform purpose-built for MSPs, today announced it has raised $25 million in Series A funding. The round was led by Base10 Partners, with participation from Outsiders Fund and Top Down Ventures—investors with a strong track record and deep operational expertise in the MSP ecosystem. Slide was founded by Austin McChord (Datto Founder & former CEO) and Michael Fass (former Datto General Counsel & Chief People Officer).

    This investment follows Slide’s successful U.S. launch in February and is further validated by the rapid expansion of its partner network. The funding will be used to scale Slide’s platform development and operations to meet the surging demand for its modern BCDR solution. As part of its expansion strategy, Slide is also announcing its imminent launch into Canada, including its new Canadian Data Center, effective immediately.

    “MSPs know that in today’s daunting cybersecurity landscape, BCDR is the last and best line of defense for data protection. We built Slide because MSPs deserve not only a modern, faster, more secure BCDR to replace their current, outdated solutions, but also a service culture that‘s engrained into our DNA,” said Michael Fass, Co-Founder and CEO of Slide. “Our partnership with Base10, Outsiders Fund, and Top Down Ventures will accelerate our long-term investments in our modern BCDR products and infrastructure, our outstanding staff, and to expand internationally. We’re committed to delivering a snappy, powerful, secure and reliable BCDR product and a world-class support experience MSPs deserve.”

    Slide’s mission is grounded in the belief that, more than ever, MSPs need to be the cybersecurity partner for small and midsized businesses. To support that mission, MSPs need a BCDR platform that combines hybrid cloud, high-performance server workload protection, and an open ecosystem that integrates with the tools they already rely on. Slide delivers all of that with world-class, all NVME hardware, no contracts that unnecessarily lock MSPs into long-term commitments, and a team that acts like a true partner.

    “Slide is reimagining a legacy space with deep empathy for MSPs and a relentless commitment to product excellence,” said Rexhi Dollaku, General Partner at Base10. “Their combination of technical strength, partner-first culture, and fast-growing traction makes them a standout in a space long overdue for innovation. We couldn’t be more excited to support Slide on this journey.”

    With this Series A investment, Slide will further accelerate R&D and expand its backup product portfolio to meet the evolving needs of today’s hybrid environments. The company’s open architecture already enables seamless integrations with leading MSP automation platforms like Backup Radar and Rewst, creating an ecosystem where tools work better together.

    “Getting the chance to build for MSPs again is so energizing! Datto’s story did not end how we predicted and it feels good to bring innovation back to the channel,” said Austin McChord, Co-Founder and Chairman of Slide. “The incredible team at Slide understands the magic needed to help MSPs be successful. The road ahead is long, this funding gives us the resources to stay independent and keep building for MSPs.”

    Slide was built to bring back the magic for MSPs: combining state-of-the-art infrastructure, hardware optimized for today’s workloads, and a service model that puts MSPs first.

    “Slide is exactly what the BCDR space needs at this time — modern, fast, and built for how MSPs operate today,” said Michael Sirota, CEO of Rational Business Solutions. “We were especially impressed by how quickly the team addressed the Canadian MSP community demand, setting up a local data center in record time to meet data residency requirements. We’re actively working with Slide for all new clients and looking to move existing clients to the Slide platform over the coming months. We are excited to partner with a vendor that understands and supports MSPs.”

    The Slide Z1 appliance is available in capacities ranging from 1TB to 16TB. The Slide R1 rackmount appliance is configurable up to 60TB. The Slide B1 rackmount appliance is available with up to 150TB of capacity.

    About Slide
    Slide is a modern, security-first Business Continuity & Disaster Recovery (BCDR) company built exclusively for Managed Service Providers (MSPs). Founded by Austin McChord (Datto Founder & former CEO) and Michael Fass (former Datto General Counsel & Chief People Officer), Slide is led by a team of industry veterans with deep expertise in backup, disaster recovery, and cybersecurity. Built from scratch with a clean-room codebase and free from legacy technical debt, Slide delivers a high-performance, easy-to-use platform designed for the future of MSPs. The company combines security, speed, simplicity, and support—without outdated pricing models or restrictive contracts. Based in Norwalk, Connecticut, Slide is backed by Base10 Partners, Outsiders Fund, and Top Down Ventures. For more information, visit slide.tech or follow Slide on LinkedIn. 

    About Base10 Partners

    Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and companies that are automating sectors of the Real Economy, including transportation, retail, logistics, and construction. Through its program, The Advancement Initiative, Base10 aims to donate 50% of profits to underfunded colleges and universities to support financial aid and other key initiatives. Portfolio companies include Notion, Figma, Nubank, Stripe, Motive, Chili Piper, and Popmenu. Connect via base10.vc.

    Media Contact:
    Carlson Choi, Slide
    media@slide.tech

    The MIL Network –

  • MIL-OSI: Monarch Private Capital Releases 2024 Impact Report: “Touchpoints”

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is proud to announce the release of its 2024 Impact Report called Touchpoints. The report captures a year of remarkable growth, with more than $3.4 billion in total economic impact, 1.7 GW of clean energy capacity added, and over 2,400 new affordable homes created. These outcomes reflect Monarch’s deepening commitment to sustainability and community development.

    In this year’s edition of Touchpoints, Monarch documents how impact-driven capital continues to serve as a catalyst for positive change. Through powerful tools like adder credits, transferable tax strategies, and investment in tax equity projects, the firm is aligning innovative financial structures with community transformation. With over $14 billion in assets under management, Monarch has become a go-to partner for forward-thinking investors and developers committed to creating measurable, lasting outcomes.

    Key Milestones & Highlights

    • $3.4B in economic impact in 2024
    • 1.7 GW of new clean energy financed
    • 2,400+ affordable housing units created
    • 18 historic rehabilitation projects
    • 35K+ jobs

    “Our 2024 impact report reflects more than numbers… it reflects our progress, purpose, and the power of our investments,” said Melanie Frontczak, Managing Director of Sustainability & Tax Credit Investments at Monarch Private Capital. “We’re proud of what we’ve built and even more excited about what lies ahead.”

    Explore the 2024 Impact Report here: Touchpoints.

    For more information about Monarch Private Capital, visit www.monarchprivate.com.

    About Monarch Private Capital

    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT
    Jane Rafeedie
    Monarch Private Capital
    Jrafeedie@monarchprivate.com
    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffc11ba6-8b47-4970-82d4-b2cf8eed61db

    The MIL Network –

  • MIL-OSI: Monarch Private Capital Releases 2024 Impact Report: “Touchpoints”

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is proud to announce the release of its 2024 Impact Report called Touchpoints. The report captures a year of remarkable growth, with more than $3.4 billion in total economic impact, 1.7 GW of clean energy capacity added, and over 2,400 new affordable homes created. These outcomes reflect Monarch’s deepening commitment to sustainability and community development.

    In this year’s edition of Touchpoints, Monarch documents how impact-driven capital continues to serve as a catalyst for positive change. Through powerful tools like adder credits, transferable tax strategies, and investment in tax equity projects, the firm is aligning innovative financial structures with community transformation. With over $14 billion in assets under management, Monarch has become a go-to partner for forward-thinking investors and developers committed to creating measurable, lasting outcomes.

    Key Milestones & Highlights

    • $3.4B in economic impact in 2024
    • 1.7 GW of new clean energy financed
    • 2,400+ affordable housing units created
    • 18 historic rehabilitation projects
    • 35K+ jobs

    “Our 2024 impact report reflects more than numbers… it reflects our progress, purpose, and the power of our investments,” said Melanie Frontczak, Managing Director of Sustainability & Tax Credit Investments at Monarch Private Capital. “We’re proud of what we’ve built and even more excited about what lies ahead.”

    Explore the 2024 Impact Report here: Touchpoints.

    For more information about Monarch Private Capital, visit www.monarchprivate.com.

    About Monarch Private Capital

    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT
    Jane Rafeedie
    Monarch Private Capital
    Jrafeedie@monarchprivate.com
    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffc11ba6-8b47-4970-82d4-b2cf8eed61db

    The MIL Network –

  • MIL-OSI: SUNation Energy Retains Nasdaq Listing

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., June 16, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE) (“the Company”), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that, by a decision dated June 10, 2025, the Nasdaq Hearings Panel (the “Panel”) made a finding that the Company is not in violation of Nasdaq Listing Rules 5100 and 5550(a)(2), the “Public Interest Concern” and “Bid Price Rule”, respectively, which were the bases of the non-compliance and delisting notices previously provided to and disclosed by the Company.

    Accordingly, the Company is deemed to be in full compliance with the applicable Nasdaq Listing Rules, and the Panel granted the Company’s request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”) and is closing this matter.

    “We appreciate Nasdaq’s thoughtful and considered view of this matter and are very pleased to maintain our listing on Nasdaq,” said Scott Maskin, Chief Executive Officer. “We remain confident in the strength of our business, the scope of opportunities ahead of us, and our outlook for 2025.”

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements 

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    Contacts:
    Scott Maskin
    Chief Executive Officer
    (631) 350-9340
    IR@sunation.com

    The MIL Network –