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Category: Business

  • MIL-OSI USA: Senator Coons celebrates passage of five bills out of the Senate Foreign Relations Committee

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    WASHINGTON – U.S. Senator Chris Coons (D-Del.) celebrated the passage of five of his bills focused on strengthening U.S. national security and international engagement out of the Senate Foreign Relations Committee during a markup session Thursday. Senator Coons is a member of the committee.

    “From opposing hostage diplomacy to expanding our access to global sources of critical minerals, these bipartisan bills will strengthen our alliances, keep Americans safe, and advance our standing in the world,” said Senator Coons. “I’m grateful to my colleagues on both sides of the aisle for their support, and to Chairman Risch and Ranking Member Shaheen for their leadership in holding last week’s markup. All five of these bills are commonsense pieces of legislation that protect our citizens and better position our nation for the future, and I hope the full Senate will swiftly take up and pass these bills.”

    The following bills written by Senator Coons passed out of the Senate Foreign Relations Committee last week:

    • Defending International Security by Restricting Unlawful Partnerships and Tactics (DISRUPT) Act of 2025: The DISRUPT Act was introduced alongside Senator David McCormick (R-Pa.) to address “adversary alignment,” the growing cooperation between U.S. adversaries that threatens our nation’s interests. Authoritarian regimes in China, Russia, Iran, and North Korea have intensified their cooperation, threatening global stability through increased technology and arms transfers, joint operations, and combined efforts to evade sanctions and export controls. The DISRUPT Act highlights the need for the U.S. to counter these threats and prepare for simultaneous challenges across regions, and requires the executive branch to craft a whole-of-government strategy to approach this phenomenon.
    • Combating PRC Overseas and Unlawful Networked Threats through Enhanced Resilience (COUNTER) Act: The COUNTER Act, introduced with Senator Pete Ricketts (R-Neb.), would combat the People’s Republic of China’s (PRC) attempts to strengthen its global reach by building and expanding military bases in strategically important locations. The PRC has intensified its efforts to establish an overseas network of military bases, which would allow the People’s Liberation Army to project and expand military power. The bill would mitigate this threat by requiring an intelligence assessment of these activities and a strategy from the State Department and Department of Defense. It would also create an interagency task force to implement the strategy and identify proactive measures to counteract both current and future Chinese attempts to add military bases in strategic locations.
    • Countering Wrongful Detention Act: Originally introduced last year alongside Senator James Risch (R-Idaho) to combat “hostage diplomacy,” the legislation would create new tools for the U.S. government to deter states from wrongfully detaining Americans abroad and support wrongful detainees upon their return home. The bill would create a U.S. State Department designation called the “State Sponsor of Unlawful or Wrongful Detention” to hold foreign governments accountable for wrongfully detaining Americans abroad. It aims to refine existing U.S. government responses to wrongful detentions, enhance awareness of travel advisories for Americans in high-risk countries, and establish an advisory council on wrongful detention consisting of survivors, family members, and experts to provide policy recommendations to the executive branch. Seven of the 10 provisions contained in the Countering Wrongful Detention Act were passed into law as part of the FY 2025 NDAA.
    • Finding Opportunities for Resource Exploration (Finding ORE) Act: The Finding ORE act, introduced with Senator Todd Young (R-Ind.) would strengthen U.S. critical mineral security and reduce strategic vulnerabilities. Critical minerals are essential to producing technologies in the defense, semiconductor, automotive, and energy sectors—industries that will shape America’s economic future and global standing. This bill aims to utilize the U.S. Geological Survey’s (USGS) expertise in mapping critical mineral reserves while giving U.S. companies an advantage in responsibly developing mineral resources globally.
    • International Nuclear Energy Act: Introduced alongside Senator Jim Risch (R-Idaho), this bill aims to strengthen the U.S. nuclear industry and offset China’s and Russia’s influence on international nuclear energy development. The bill would create an office to coordinate nuclear export strategies and financing, promoting regulatory harmonization and standardization, and enhancing safeguards and security. The act also would form programs to promote international collaboration and hold cabinet-level biennial summits. Senator Coons is a Co-Chair of the bipartisan Senate Climate Solutions Caucus.

    MIL OSI USA News –

  • MIL-OSI USA: Remarks at the Crypto Task Force Roundtable on Decentralized Finance

    Source: Securities and Exchange Commission

    Thank you and good afternoon.[1] It is a great pleasure to be with you today. Let me begin by thanking Commissioner Peirce and the Crypto Task Force for their organizing today’s event, and Commissioner Crenshaw and Commissioner Uyeda for their participation.  Of course, I very much thank the roundtable panelists and our moderator, Troy Parades, for their voluntary contribution of time and talent to our endeavor.

    Today’s roundtable is titled “DeFi and the American Spirit.” This is an apt title because the American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi, or Decentralized Finance, movement.

    Blockchains, of course, are a very creative and potentially revolutionary innovation that have us rethinking evidence of ownership and transfer of intellectual and economic property rights.  They are shared databases that enable ownership of a type of digital property called crypto assets without reliance on an intermediary or central party. Instead, these peer-to-peer networks incorporate an economic mechanism to encourage participants to validate and maintain the database in accordance with the network’s rules. These are free market systems where users pay demand-based fees to network participants to have their transactions included within a so-called “block” of data with finite storage capacity.

    The prior U.S. government administration discouraged Americans from participating in these market-based systems by asserting through lawsuits, speeches, regulation, and threatened regulatory action that participants and staking-as-a-service providers may be engaged in securities transactions. I am grateful to the Division of Corporation Finance staff for clarifying its view that voluntary participation in a proof-of-work or proof-of-stake network as a “miner,” “validator,” or “staking-as-a-service” provider is not within the scope of the federal securities laws.[2]  As happy as I am over that step, it is not a duly promulgated rule with the force of law, so we cannot stop there.  The Securities and Exchange Commission must adopt a regulation based on the authority that Congress has given us.

    Another core feature of blockchain technology is the ability for individuals to have self-custody of crypto assets in a personal digital wallet. The right to have self-custody of one’s private property is a foundational American value that should not disappear when one logs onto the internet. I am in favor of affording greater flexibility to market participants to self-custody crypto assets, especially where intermediation imposes unnecessary transaction costs or restricts the ability to engage in staking and other on-chain activities.

    The prior President’s administration undermined innovation in self-custodial digital wallets and other on-chain technologies by asserting through regulatory actions that the developers of such software may be conducting brokerage activity. Engineers should not be subject to the federal securities laws solely for publishing this type of software code. As one court put it, it would be irrational to hold the developer of a self-driving car liable – here, quoting from the court’s decision – “for a third-party’s use of the car to commit a traffic violation or to rob a bank. In those circumstances, one would not sue the car company for facilitating the wrongdoing; they would sue the individual who committed the wrong.”[3]

    Many entrepreneurs are developing software applications that are designed to function without administration by any operator. The idea of self-executing software code that is accessible to everyone, but controlled by no one, and that enables private, peer-to-peer transactions may sound like science fiction. But, blockchain technology makes possible an entirely new class of software that can perform these functions without an intermediary. I do not believe that we should allow century-old regulatory frameworks to stifle innovation with technologies that could upend and most importantly improve and advance our current, traditional intermediated model.  We should not automatically fear the future.

    These on-chain self-executing software systems have proven to be resilient in the face of crises. While centralized platforms waivered and failed under recent stresses, many on-chain systems continued to operate as designed pursuant to open-source code.[4]

    Most current securities rules and regulations are premised upon the regulation of issuers and intermediaries, such as broker-dealers, advisers, exchanges, and clearing agencies. The drafters of these rules and regulations likely did not contemplate that self-executing software code might displace such issuers and intermediaries. I have asked the Commission staff to explore whether further guidance or rulemaking may be helpful for enabling registrants to transact with these software systems in compliance with applicable law.

    I also am excited about the use of on-chain software systems by issuers and intermediaries to eliminate economic frictions, increase capital efficiency, enable new types of financial products, and enhance liquidity. Current securities regulations already contemplate the use of new technologies by issuers and intermediaries, but I have asked the staff to consider whether amendments to the Commission’s rules and regulations would be better suited to provide needed accommodation for issuers and intermediaries who seek to administer on-chain financial systems.

    While the Commission and its staff work to propose fit-for-purpose rules of the road for on-chain financial markets, I have directed the staff to consider a conditional exemptive relief framework or “innovation exemption” that would expeditiously allow registrants and non-registrants to bring on-chain products and services to market. An innovation exemption could help fulfill President Trump’s vision to make America the “crypto capital of the planet”[5] by encouraging developers, entrepreneurs, and other firms that are willing to comply with to certain conditions to innovate with on-chain technologies in the United States.

    Thank you for your attention. I look forward to the discussions to follow.

    [1]    These remarks reflect my individual views as Chairman of the Commission and do not necessarily reflect the views of the full Commission or my fellow Commissioners.

    [3]    Risley v. Universal Navigation Inc., 690 F. Supp. 3d 195, 217 (S.D.N.Y. 2023), aff’d in part, vacated in part, remanded, No. 23-1340-CV, 2025 WL 615185 (2d Cir. Feb. 26, 2025) (internal citations omitted).

    MIL OSI USA News –

  • MIL-OSI USA: SBA Offers Disaster Assistance to Oklahoma Small Businesses, Private Nonprofits and Residents Affected by May Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to Oklahoma small businesses, private nonprofits and residents to offset physical and economic losses from severe storms, tornadoes, straight-line winds and flooding occurring May 19. The SBA issued a disaster declaration in response to a request received from Gov. Kevin Stitt on June 4.

    The declaration covers the Oklahoma counties of Atoka, Coal, Haskell, Hughes, Latimer, McIntosh, Pittsburg and Pushmataha.

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP)organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    Interest rates are as low as 4% for businesses, 3.62% for nonprofits, and 2.81% for homeowners and renters with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    “When disasters strike, SBA’s Disaster Loan Outreach Centers play a vital role in helping small businesses and their communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “At these centers, SBA specialists assist business owners and residents with disaster loan applications and provide information on the full range of recovery programs available.”

    Beginning Tuesday, June 10, SBA customer service representatives will be on hand at the following Disaster Loan Outreach Center (DLOC) to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov.

    The DLOC hours of operations are listed below.

    PITTSBURG COUNTY

    Disaster Loan Outreach Center

    Pittsburg Public School

    Old Gymnasium

    200 West Grand St.

    Pittsburg, OK  74560

    Opens at 12 p.m., Tuesday, June 10

    Mondays – Fridays, 9 a.m. – 6 p.m.

    Closes at 6 p.m., Wednesday, July 2

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is Aug. 5, 2025. The deadline to return economic injury applications is March 6, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Offers Relief to Kansas Private Nonprofits Affected by Adverse Weather

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Kansas affected by the severe winter storm, straight-line winds, flooding and wildfires occurring March 14-19.

    The disaster declaration covers the Kansas counties of Barton, Chautauqua, Edwards, Elk, Ellis, Gove, Graham, Gray, Greeley, Hodgeman, Jewell, Lincoln, Logan, Ness, Norton, Osborne, Pawnee, Phillips, Rice, Rooks, Rush, Russell, Sheridan, Sherman, Smith, Stafford, Wallace and Woodson.

    Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

    PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

    EIDLs are for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    Interest rates are as low 3.62% for PNPs with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA will set loan amounts and terms based on each applicant’s financial condition.

    The SBA encourages applicants to submit their loan applications promptly. Applications will be prioritized in the order they are received, and the SBA remains committed to processing them as efficiently as possible.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is July 22, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Offers Relief to Nebraska Private Nonprofits Affected by March Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Nebraska affected by the severe winter storm and straight-line winds occurring March 18-19.

    The disaster declaration covers the Nebraska counties of Boone, Burt, Butler, Cass, Clay, Colfax, Cuming, Dodge, Douglas, Fillmore, Hamilton, Jefferson, Johnson, Lancaster, Nuckolls, Otoe, Platte, Polk, Saline, Sarpy, Saunders, Seward, Thayer, Thurston, Washington, Webster and York.

    Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

    PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

    EIDLs are for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    Interest rates are as low 3.62% for PNPs with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA will set loan amounts and terms based on each applicant’s financial condition.

    The SBA encourages applicants to submit their loan applications promptly. Applications will be prioritized in the order they are received, and the SBA remains committed to processing them as efficiently as possible.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is July 22, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Offers Relief to Iowa Private Nonprofits Affected by March Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to private nonprofit (PNP) organizations in Iowa affected by the severe winter storm occurring March 19.

    The disaster declaration covers the Iowa counties of Crawford, Harrison, Monona and Woodbury.

    Under this declaration, PNPs providing non-critical services of a governmental nature impacted by physical damages or financial losses directly related to the disaster are eligible to apply for both business physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA. Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters, museums, libraries, community centers, schools, and colleges.

    PNPs may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes.

    EIDLs are for working capital needs caused by the disaster and are available even if the PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

    Interest rates are as low 3.62% for PNPs with terms up to 30 years. Interest does not begin to accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA will set loan amounts and terms based on each applicant’s financial condition.

    The SBA encourages applicants to submit their loan applications promptly. Applications will be prioritized in the order they are received, and the SBA remains committed to processing them as efficiently as possible.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return physical damage applications is July 22, 2025. The deadline to return economic injury applications is Feb. 23, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Encourages Shareholders of OPOF, PRA, SWTX and HURA to Take Action

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • Old Point Financial Corporation (NASDAQ: OPOF), relating to the proposed merger with TowneBank. Under the terms of the agreement, shareholders of Old Point will elect to receive $41.00 in cash or 1.1400 shares of TowneBank common stock for each share of Old Point outstanding common stock.

    ACT NOW. The Shareholder Vote is scheduled for July 2, 2025.
            
    Click here for more https://monteverdelaw.com/case/old-point-financial-corporation-opof/. It is free and there is no cost or obligation to you.

    • ProAssurance Corporation (NYSE: PRA), relating to the proposed merger with The Doctors Company. Under the terms of the agreement, ProAssurance stockholders will receive $25.00 per share in cash.

    Click here for more https://monteverdelaw.com/case/proassurance-corporation-pra/. It is free and there is no cost or obligation to you.

    ACT NOW. The Shareholder Vote is scheduled for June 24, 2025.

    • SpringWorks Therapeutics, Inc. (NASDAQ: SWTX), relating to the proposed merger with Merck KGaA, Darmstadt, Germany. Under the terms of the agreement, SpringWorks shareholders will have the right to receive $47.00 in cash per share of SpringWorks stock held.

    Click here for more https://monteverdelaw.com/case/springworks-therapeutics-inc-swtx/. It is free and there is no cost or obligation to you.

    ACT NOW. The Shareholder Vote is scheduled for June 26, 2025.

    • TuHURA Biosciences, Inc. (NASDAQ: HURA), relating to the proposed merger with Kineta, Inc. Under the terms of the agreement, TuHURA would acquire the rights to Kineta’s novel KVA12123 antibody for a combination of cash and shares of TuHURA common stock.

    Click here for more https://monteverdelaw.com/case/tuhura-biosciences-inc-hura/. It is free and there is no cost or obligation to you.

    ACT NOW. The Shareholder Vote is scheduled for June 23, 2025.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI USA: Peters Leads Bipartisan Legislation to Help Ensure National Weather Service Provides 24/7 Forecasting to Protect Public Safety

    US Senate News:

    Source: United States Senator for Michigan Gary Peters

    Bill Introduced in Response to DOGE-led Staffing Cuts that Threaten Continuous NWS Operations in the Upper Peninsula

    WASHINGTON, DC – U.S. Senator Gary Peters (MI) co-led bipartisan legislation to help ensure that the National Weather Service (NWS) can continue providing 24/7 forecasting service in communities across the United States. The Federal Operational Resilience in Emergency Conditions and Storm Tracking (FORECAST) Act – which Peters introduced alongside U.S. Senator Jerry Moran (R-KS) – would exempt critical NWS positions from any executive orders imposing a hiring freeze, allowing the agency to adequately staff positions that are essential to notifying the public of extreme weather events that could be detrimental to people or property.

    This legislation is introduced in response to the Trump Administration’s self-inflicted staffing shortages, which have left numerous NWS forecasting offices with too few employees to ensure around-the-clock operation. In Michigan, these actions on the part of the Administration have left Marquette’s forecasting office spread so thin that they may be forced to suspend overnight staffing in the coming weeks.

    “We know that in the Upper Peninsula, weather can change on a dime. That’s why we need a team of full-time meteorologists working around the clock to notify the public when extreme weather impacts the region,” said Senator Peters. “This bill would help protect 24/7 weather monitoring in the UP and ensure we keep our communities informed and protected.” 

    Specifically, the bill exempts the following positions from the Trump hiring freezes:  

    • Meteorologists – Covers meteorologists, including forecasters at NWS Weather Forecast Offices and River Forecast Centers. This is the core classification for operational weather forecasting staff. 
    • Hydrologists – Includes hydrologists who support flood forecasting, river modeling, and water resource management — often working closely with meteorologists at RFCs and in field offices. 
    • Field Technicians – These are the field technicians responsible for maintaining radar systems, NOAA Weather Radios, automated weather stations, and other critical NWS observing infrastructure. 

    In addition, the bill also negates any job offer rescinded on or after January 20, 2025 and requires the Secretary of Commerce to submit a report after one year of enactment to demonstrate current adequate staffing levels at the NWS for these covered positions.  

    MIL OSI USA News –

  • MIL-OSI USA: Peters, Slotkin, Bergman Call on Small Business Administration to Approve Disaster Declaration to Assist Communities Impacted by Northern Michigan Ice Storms

    US Senate News:

    Source: United States Senator for Michigan Gary Peters

    WASHINGTON, DC – U.S. Senators Gary Peters (MI) and Elissa Slotkin (MI), as well as U.S. Representative Jack Bergman (MI-01), are calling on President Trump to approve the State of Michigan’s Small Business Administration (SBA) Rapid Administrative Disaster Declaration request following the severe winter storms that impacted Northern Michigan and the Eastern Upper Peninsula in late March. In a letter to SBA Administrator Kelly Loeffler, the lawmakers expressed their support for Governor Gretchen Whitmer’s request to the SBA, which would help provide federal assistance to businesses, homeowners, renters, and private nonprofit organizations that were negatively impacted by the storm.  

    “The economic fallout from the storm has been staggering,” the lawmakers wrote. “In Emmet County, the second-most populous county in Northern Michigan, a local business survey conducted in the storm’s aftermath found that 97 percent of businesses experienced disruption, with 86 percent forced to suspend operations, and 71 percent reporting employees unable to report to work. More than half of these businesses reported infrastructure damage, inventory loss, or supply chain disruptions. Small businesses throughout the region, many of which are already operating on thin margins, are now struggling to recover.” 

    The National Weather Service has ranked this storm one of the most significant ice storms ever recorded in Northern Michigan. State and Federal officials estimate the storms caused $137 million in immediate response costs and inflicted severe damage to homes, businesses, and critical infrastructure. In addition to the immediate damage recorded, the summer tourism industry is expected to be impacted as well as other industries after devastating damage to 3 million acres of forest. The SBA Rapid Administrative Disaster Declaration would allow eligible businesses, homeowners, renters, and private nonprofits in the disaster area, specifically Cheboygan, Mackinac, Emmet, Charlevoix, Otsego, Montmorency, and Presque Isle Counties, as well as the Little Traverse Bay Band of Odawa Indians, to apply for SBA disaster loans to help them recover. 

    The lawmakers continued: “The hardworking people and businesses of Northern Michigan and the Upper Peninsula are strong and resilient. Yet, local capacity is limited, and recovery of this magnitude requires a coordinated effort at all levels of government. As such, we respectfully request that SBA swiftly approve Governor Whitmer’s request for an administrative declaration of disaster. This declaration would make available critical federal support and resources to struggling business owners as they continue working to stabilize operations, preserve jobs, and rebuild.” 

    Peters, Slotkin, and Bergman have worked in a bipartisan way to aid Northern Michigan communities impacted by this devastating storm. In May, the lawmakers urged President Trump to swiftly approve Governor Whitmer’s Major Disaster Declaration request for Individual Assistance and Public Assistance, which, if approved, would help the affected areas recover from these severe winter storms. In the days following the storm, the lawmakers also wrote Governor Whitmer a letter expressing their willingness to provide any federal support needed as part of the State of Michigan’s response.  

    Text of the letter is available here. 

    MIL OSI USA News –

  • MIL-OSI: RockED and NCM Associates Launch Strategic Partnership to Elevate Automotive Dealership Training

    Source: GlobeNewswire (MIL-OSI)

    FORT LAUDERDALE, Fla. and KANSAS CITY, Mo., June 09, 2025 (GLOBE NEWSWIRE) — RockED, the premiere people development platform for the automotive industry, has announced a groundbreaking partnership with NCM Associates, the leader in 20 Groups, consulting, coaching, training, and data reporting for the automotive industry and many other industries. This partnership will bring the RockED platform to automotive dealerships nationwide, equipping them with training content intended to close productivity gaps and drive greater efficiency at the dealership level.

    The automotive industry is constantly changing due to advancements in electric vehicles, the incorporation of AI, changing consumer expectations, and a heightened focus on cybersecurity and data protection. NCM and RockED recognize the growing demand for alternative training formats. This partnership will offer the automotive industry a gamified, microlearning platform proven to drive performance through the following:

    • Content consumption: RockED offers bite-sized, focused lessons that are easy to consume, retain, and apply—delivering real-time knowledge at the moment of need and in the flow of work. The platform encourages daily engagement to maintain a “streak” of learning and builds skills on a daily basis to create a habit of learning.
    • Content quality: To stay relevant, RockED has partnered with thought leaders in the industry to deliver high-end, video-based content delivered in a familiar social media-like format to optimize usage. This format puts every dealership employee in front of the most relevant content delivered by the most respected leaders in the automotive space.
    • Data-driven content delivery: The data and analytics engine built into the RockED platform provides real-time data around the consumption of training content — topics, modules, and assessments — which can be used to strategize around knowledge gaps to determine when, how much, and what type of support is needed. What’s more, is that this targeted content can be delivered down to the individual user with personalized learning journeys that prove to drive performance gains.

    By partnering with NCM Associates, RockED is poised to significantly enhance the training experience for thousands of dealerships across the country.

    “We are excited to partner with RockED to deliver innovative learning solutions that align with the dynamic needs of the automotive industry,” said Paul Faletti, President and CEO of NCM Associates. “By combining our expertise in dealership performance with RockED’s microlearning technology, we can help our clients adapt faster, train smarter, and achieve sustainable success.”

    With decades of expertise in helping dealers improve performance and profitability, NCM Associates deeply understands the unique challenges dealers face. Together, the two companies will meet those challenges with an innovative approach to learning that is:

    • Highly accessible: Employees can access training anytime, anywhere, on any mobile device, making learning more convenient and consistent.
    • Relevant and timely: Content will be tailored to current industry trends, ensuring dealership teams receive up-to-date insights on everything from technician retention to EV adoption. In addition, NCM convenes dealership leaders throughout the year; now, each in-person meeting will be supplemented with training delivered through RockED to fortify the meeting outcomes.
    • Performance-driven: The partnership will leverage NCM Associates’ data-driven performance metrics to track progress and ROI, ensuring dealerships see measurable results.

    Over time, NCM Associates plans to explore opportunities to integrate RockED into its existing training programs and consulting services across areas like fixed operations, sales, finance, and leadership. The goal is to thoughtfully integrate RockED’s innovation into the proven consulting and performance models NCM has delivered for decades.

    “Dealerships that want to win in 2025 and beyond need to embrace new approaches to training and people development,” said Matthias Stoever, CEO of RockED. “Our partnership with NCM Associates represents a game-changing opportunity for dealers to leverage microlearning as a competitive advantage. Together, we’re setting a new standard for how dealership teams learn and grow.”

    About RockED
    RockED is the premier people development platform for the automotive industry supporting the entire employee lifecycle from pre-hire and onboarding to upskilling and career transitions. With microlearning content, gamified delivery, and real-time feedback, RockED is educating the automotive workforce and solving the industry’s greatest business challenges.

    About NCM Associates
    NCM Associates is a trusted leader in 20 Groups, consulting, coaching, training, and data reporting for the automotive industry and many other industries. With over 75 years of experience, NCM helps dealers achieve peak performance through peer collaboration, expert guidance, and proven best practices.

    The MIL Network –

  • MIL-OSI USA: Amid Trump-Musk Fight, Warren Presses Rubio on National Security Contingency Plans for Musk-Linked Government Contracts

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    June 07, 2025

    After Trump threatened to cancel Musk’s contracts, Musk warned that SpaceX would “begin decommissioning its Dragon spacecraft immediately”

    “If Mr. Musk breaches his current contracts or they are canceled immediately, it could leave critical gaps that endanger U.S. interests and national security.”

    Text of Letter (PDF)

    Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Armed Services Committee, pressed Acting National Security Advisor Marco Rubio on contingency plans in place if Elon Musk violates his current contractual obligations and fails to deliver services national security agencies are counting on to keep Americans safe. As part of their public feud earlier this week, President Trump threatened to cancel Musk’s government contracts — and Musk, in turn, warned that SpaceX would begin decommissioning its Dragon spacecraft “immediately.”

    “No petty social media fight between the president and a billionaire should jeopardize U.S. national security,” wrote Senator Warren.

    Elon Musk’s companies have significant contracts with the U.S. government to provide key national security services, including NASA’s approximately $5 billion contract with SpaceX to send and bring home astronauts and supplies to the International Space Station. SpaceX’s Dragon capsule, which Musk threatened to decommission, is the only U.S. vessel capable of carrying astronauts to and from the station. The Department of Defense also relies heavily on SpaceX, including for launch services that support Space Force operations and spy satellites.

    “If Mr. Musk breaches his current contracts or they are canceled immediately, it could leave critical gaps that endanger U.S. interests and national security,” wrote Senator Warren. 

    Senator Warren has previously raised concerns that the U.S. government’s dependence on a mercurial billionaire puts U.S. national security at risk, including in May 2024, when she urged the Department of Defense to hold SpaceX accountable following reports that the company was allowing Starlink terminals to be used by Russian forces and sanctioned paramilitary forces. 

    As the Trump-Musk feud continues, Senator Warren pressed Secretary Rubio for answers to a series of questions in order to understand what contingency plans and options the administration could exercise to ensure that reckless decisions do not create an interruption in critical national security services.

    Senator Warren has long fought to ensure federal contractors are acting the best interest of the American people: 

    • In May 2025, Senators Warren, Warner, Shaheen and other lawmakers pushed for corruption investigations into the Trump Administration’s favors for Elon Musk’s Starlink.
    • In March 2025, Senator Warren, Representative Raskin, Senator Blumenthal, and other lawmakers pushed White House Chief of Staff Susie Wiles on corruption by the Trump Administration.
    • In a May 2024 hearing held by the Senate Armed Services Committee’s Strategic Forces subcommittee, Senator Warren pressed Department of Defense officials on what steps they were taking to hold SpaceX accountable for Russia’s illegal use of Starlink.
    • In May 2024, Senator Warren sent a letter calling on the Department of Defense to hold SpaceX accountable for the use of Starlink by Russia and other sanctioned U.S. adversaries.

    MIL OSI USA News –

  • MIL-OSI USA: Representatives Doggett and Ocasio-Cortez Urge DOJ To Investigate New Allegations That UnitedHealth is Endangering Patients to Maximize Profits from Medicare Advantage Program

    Source: United States House of Representatives – Congressman Lloyd Doggett (D-TX)

    Reporting from The Guardian alleges UnitedHealth Group is paying nursing homes to reduce hospital transfers and promote do-not-resuscitate orders to increase profits

    Contact: Alexis.Torres@mail.house.gov

    Washington, D.C. – Today, Representatives Lloyd Doggett (TX-37) and Alexandria Ocasio-Cortez (NY-14) sent a letter to U.S. Attorney General Pam Bondi urging the Department of Justice to expand its reported investigation into UnitedHealth Group to include reports that the company is engaging in fraud through the Medicare Advantage program. Investigative reporting from The Guardian accuses the healthcare conglomerate of trying to deliberately reduce access to care for nursing home residents in order to pocket more money from the federal government.

    “The potential harm of UnitedHealth’s business practices extends far beyond waste of taxpayer dollars and appears to be endangering enrollees and harming health outcomes. We strongly urge you to expand your ongoing investigations to include the allegations outlined in The Guardian and other appropriate lines of inquiry concerning the impact of UnitedHealth’s business practices on patients,” wrote the lawmakers.

    The full letter is available here.

    Last month, it was reported that the Department of Justice opened up a criminal investigation into UnitedHealth Group for possible Medicare fraud. The lawmakers request Attorney General Bondi expand the DOJ’s current investigation to include new allegations that UnitedHealth Group has engaged in the following business practices regarding the Medicare Advantage Program:

    • Paying nursing homes to delay or deny patients hospitalizations to increase profits.
    • Pressuring patients to establish do-not-resuscitate orders, which instruct providers to not perform CPR for patients who have stopped breathing.
    • Providing financial incentives for enrolling residents in UnitedHealth’s Medicare Advantage long-term care plans.

    Last month, Representatives Alexandria Ocasio-Cortez (NY-14) and Raul Ruiz (CA-25) introduced an amendment to the Republicans’ reconciliation bill to crack down on corporate profiteering in the Medicare Advantage program and strengthen traditional Medicare. Separately, Representative Doggett led House Members in urging Republican leadership to pass legislation to rein in rampant taxpayer overpayments to Medicare Advantage plans. 

    MIL OSI USA News –

  • MIL-OSI Security: Ohio Company Sentenced for Violating OSHA Rule Leading to Worker’s Death

    Source: United States Attorneys General

    A Delaware corporation with a manufacturing facility in Ohio was sentenced today to pay a $500,000 fine, the statutory maximum, after pleading guilty to willfully violating an Occupational Safety and Health Administration (OSHA) rule. In addition to the fine, Fabcon will serve two years of organizational probation and comply with a Safety Compliance Plan. The criminal charge is related to an incident where an employee was killed when a pneumatic door closed on his head.

    Fabcon Precast LLC makes precast concrete panels at its facility in Grove City, Ohio. Batch operators were employees responsible for operating and cleaning the facility’s only concrete mixer, which discharged concrete from its bottom through a pneumatic door. The mixer had an exhaust valve that, by design, released the pneumatic energy which powered the discharge door to make it inoperable.

    The valve’s handle broke off, and was not replaced, prior to June 6, 2020. On that day, batch operator Zachary Ledbetter was injured trying to close the discharge door due to the broken valve. Ledbetter was eventually freed from the door, but he died at a hospital five days later.

    “Today’s sentencing reflects Fabcon’s willful failure to implement measures to protect its workers,” said Acting Assistant Attorney General Adam Gustafson of the Justice Department’s Environment and Natural Resources Division (ENRD). “Sadly, this led to Zachary’s death. This tragedy shows the importance of following safety standards.”

    “Fabcon Precast LLC willfully failed to adhere to OSHA safety regulations which resulted in the tragic and preventable loss of a worker’s life. This sentencing highlights our steadfast commitment to continue working with OSHA and our law enforcement partners to hold accountable those who jeopardize workers’ safety,” said Special Agent in Charge Megan Howell of the U.S. Department of Labor Office of Inspector General, Great Lakes Region.

    Federal law makes it a class B misdemeanor to willfully fail to follow an OSHA safety standard, where the failure causes the death of an employee. The class B misdemeanor is the only federal criminal charge covering such workplace safety violations.

    The Department of Labor’s Office of Inspector General investigated the case.

    Senior Trial Attorney and Special Assistant U.S. Attorney Adam Cullman, of ENRD’s Environmental Crimes Section and for the Southern District of Ohio respectively, prosecuted the case.

    MIL Security OSI –

  • MIL-OSI: Highest Payout Online Casinos Australia: All iGaming Recommends These Real Money Casinos for Aussie Players

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, June 09, 2025 (GLOBE NEWSWIRE) — All iGaming brings the excitement of online casinos in Australia right to your fingertips, combining traditional gambling thrills with digital convenience. As Aussies flock to online casinos, the demand for flexible, fun gaming experiences continues to grow. Whether you’re enjoying classic pokies or playing live dealer blackjack, there’s something for everyone.

    In this guide, All iGaming helps you navigate the top platforms, the latest trends, and essential safety tips for an enjoyable, secure gaming experience. Whether you’re just starting or already a pro, we’ve got you covered.

    Why Choose Online Casinos Australia?

    Australia’s gambling heritage, from horse racing to land-based casinos, has seamlessly transitioned into a thriving online sector. Here’s why online casinos in Australia stand out:

    • Flexibility: Login from anywhere—city or outback—without travel hassles.
    • Game Diversity: Enjoy Aussie-inspired pokies, international table games, and live dealer options.
    • Rewards: Welcome bonuses, free spins, and loyalty programs boost your playtime.
    • Big Wins: Progressive jackpots and high RTP games offer life-changing payouts.

    Generous welcome bonuses, free spins, and loyalty programs are staples of online casinos in Australia, designed to attract new players and reward regulars. These offers can significantly boost your bankroll, giving you more chances to explore and win. However, the real draw is the potential for substantial payouts, with progressive jackpots and high RTP (Return to Player) games offering life-changing rewards.

     Generous bonuses and the potential for substantial rewards make online casinos in Australia a favorite. Get Your Bonus Today – Join the Fun!

    How to Navigate the Best Online Casinos in Australia

    Selecting the right online casino Australia platform requires diligence. Consider these steps:

    • Licensing: Look for licenses from the Malta Gaming Authority or Curaçao eGaming.
    • Security: Ensure SSL encryption and eCOGRA certification for safety.
    • Bonuses: Understand wagering requirements (20x-50x) and game eligibility.
    • Payments: Use credit cards, e-wallets, or crypto for seamless transactions.
    • Support: Opt for 24/7 live chat or email assistance.

    >>SIGN UP SECURELY & GET STARTED WITH PREMIUM CRYPTO CASINOS ON ALL-IGAMING!

    Emerging Trends in Online Casinos Australia for 2025

    Online casinos in Australia are evolving rapidly, driven by technological advancements and shifting player preferences. Decentralized casinos, built on blockchain platforms like Ethereum, are gaining traction, offering transparency through smart contracts that automate payouts and game fairness. This trend appeals to tech-savvy players seeking control and security.

    NFTs (Non-Fungible Tokens) and play-to-earn (P2E) models are transforming the industry, with some platforms introducing NFT-based rewards and tokenized assets that players can trade or sell. This gamification adds a new dimension, blending gaming with investment opportunities. Artificial intelligence (AI) is also making waves, powering personalized game recommendations, dynamic bonuses, and chatbots that enhance customer service.

    Regulatory changes are on the horizon, with potential updates to the Interactive Gambling Act (IGA) 2001 to address the growth of offshore operators. These shifts could impact licensing and advertising, requiring players to stay informed about legal developments to ensure compliance and safety.

    Top Features of Online Casinos Australia

    Best Online Casinos Australia shine with player-focused features:

    • Software Quality: Top-tier providers like Playtech and Evolution Gaming.
    • Mobile Gaming: Optimized for smartphones and tablets.
    • Security: 2FA and encryption protect your data.
    • Bonuses: No-deposit offers and cashback deals add value.
    • Blockchain: Provably fair games build trust.
    • Fast Payouts: E-wallets and crypto withdrawals in under 24 hours.

    >>SECURE, FUN, AND FAIR GAMING AWAITS – START PLAYING ON ALL-IGAMING!

    Tips for an Unforgettable Gaming Experience by All iGaming

    At All iGaming, we believe that strategic planning is key to making the most of online casinos in Australia. Here are some expert tips to help you maximize your experience: Start by setting a budget and sticking to it, using responsible gambling tools to avoid overspending. Explore free demo modes to familiarize yourself with games before wagering real money, especially for complex titles like poker or live dealer roulette.

    Leverage bonuses wisely by focusing on offers with low wagering requirements and high RTP games to improve your odds. Regularly check for new promotions, as online casinos 

    Australia frequently updates its offers. Engage with community forums or live chat features to exchange tips with other players, enhancing your skills and enjoyment.

    Security is paramount—always verify casino credentials and use strong, unique passwords. Keep software updated to protect against vulnerabilities, and consider using a dedicated device or VPN for added privacy, especially when accessing offshore sites.

    READY TO PLAY? CHECK OUT THESE TOP CRYPTO CASINOS ON ALL-IGAMING!

    Responsible Gambling in Best Online Casinos Australia

    Responsible gambling is a cornerstone of the online casinos in Australia experience. The potential for financial loss makes it critical to approach gaming as entertainment, not an income source. Set time limits take regular breaks to maintain balance, and use self-exclusion options if needed to curb excessive play.

    Support resources are widely available, with organizations like Gambling Help Online offering free counseling and tools. Many platforms integrate these services directly, providing links to helplines and self-assessment quizzes. By prioritizing well-being, players can enjoy online casinos in Australia sustainably, ensuring long-term enjoyment without regret.

    FIND YOUR IDEAL CRYPTO CASINO – CHECK OUT THE LIST ON ALL-IGAMING TODAY!

    Conclusion: Embrace the Thrill of Online Casinos Australia

    Online casinos in Australia offer a vibrant mix of tradition and innovation, delivering unforgettable gaming from across the country. With diverse games, advanced technology, and rewarding opportunities, these platforms cater to all preferences. By choosing licensed sites and practicing responsible gambling, you can dive into this exciting world with confidence.

    Whether you’re drawn to pokie spins or live dealer tables, this guide equips you to thrive. Embark on your gaming adventure today and experience the thrill of online casinos in Australia—right from the heart of Down Under.

    READY TO BET? CHECK OUT THESE LEADING CRYPTO CASINOS TODAY!


    Frequently Asked Questions for Best Online Casinos Australia

    1. What are online casinos in Australia, and how do they work?

    Online casinos in Australia are virtual gambling platforms that allow players to enjoy a wide range of games like pokies, blackjack, and live dealer tables from anywhere in the country. They operate using secure software from top providers, offering real money wagering and sometimes free play options. Players sign up, deposit funds via various payment methods, and access games through a website or mobile app, with winnings withdrawable subject to terms.

    1. Are online casinos in Australia legal?

    The legality of online casinos in Australia is governed by the Interactive Gambling Act (IGA) 2001, which restricts licensed operators from offering certain services to Australian residents. However, many players access offshore sites that are licensed elsewhere (e.g., Malta or Curaçao). It’s your responsibility to ensure compliance with local laws, as regulations may vary by state or territory.

    1. How can I ensure a safe gaming experience?

    To stay safe at online casinos in Australia, choose platforms with valid licenses, SSL encryption, and eCOGRA certification. Use strong passwords, enable two-factor authentication (2FA), and verify payment methods. Stick to reputable sites and avoid sharing sensitive information with unverified operators.

    1. What types of games can I play at online casinos in Australia?

    You can enjoy a variety of games, including:

    • Pokies: Australian-style slots with local themes.
    • Table Games: Blackjack, roulette, and poker in multiple variants.
    • Live Dealer: Real-time baccarat, sic bo, and more with live hosts.
    • Specialty Games: Keno and bingo for added variety. New technologies like AR and VR are also enhancing these offerings in 2025.
    1. What payment methods are accepted?

    Best online casinos Australia support:

    • Credit/Debit Cards: Visa and Mastercard.
    • E-Wallets: PayPal, Skrill, and Neteller.
    • Cryptocurrencies: Bitcoin, Ethereum, and more for fast transactions.
    • Bank Transfers: Direct deposits for larger amounts. Check each casino’s policy, as withdrawal times and fees vary 

    Disclaimer:

    The legality of online gambling in Australia is governed by the Interactive Gambling Act (IGA) 2001, which imposes restrictions on services provided to Australian residents. Many online casinos operate from offshore jurisdictions, and their legal status may vary depending on your location. It is your responsibility to ensure compliance with local laws and regulations before engaging in any online gambling activities.

    This content is not intended to provide financial, legal, or investment advice. We strongly recommend consulting a qualified professional or legal advisor before making any decisions related to online casinos. All iGaming is not affiliated with or in control of any third-party websites or services linked within this content, and we are not liable for their content, security, or practices.

    Email:support@alligaming.com

    Attachment

    The MIL Network –

  • MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Provident Bancorp, Inc. (NASDAQ: PVBC)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Provident Bancorp, Inc. (NASDAQ: PVBC) related to its sale to NB Bancorp, Inc. Under the terms of the proposed transaction, Provident shareholders will receive for each share of Provident common stock, at the holder’s election, either (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash.

    Click here for more https://monteverdelaw.com/case/provident-bancorp-inc/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI: ACPAS – Powers Device Financing for Flagship U.S. Tech Brand in South African Retail Network

    Source: GlobeNewswire (MIL-OSI)

    DALLAS and JOHANNESBURG, South Africa, June 09, 2025 (GLOBE NEWSWIRE) — UPAY Inc. (OTCQB: UPYY), a U.S.-based fintech innovator, announced that its South African subsidiary, ACPAS, has entered into a new Service Level Agreement (SLA) with one of the country’s premier retail finance providers—responsible for enabling consumer credit on behalf of a retail group that exclusively sells products from one of the world’s most iconic US technology brands.

    The group has already deployed the ACPAS solution at an initial retail location, where sales are beginning to ramp up. A broader rollout across its national footprint is planned in the coming months.

    The agreement enables ACPAS to deploy its advanced Loan Management Software (LMS) and integrated payment technologies to support financing for smartphones, laptops, tablets, and related accessories—sold through a nationwide network of over 30 premium retail stores and a leading online platform.

    Enabling Smarter Credit for High-Demand Technology Purchases

    The retail group—recognized as the go-to destination for some of the world’s most iconic technology products—has established itself as a market leader in premium consumer experiences. The new fintech integration will power:

    • Seamless credit origination and paperless onboarding
    • Real-time account servicing and loan management
    • Scalable backend support for payments and customer queries

    “This collaboration demonstrates how ACPAS enables leading retailers to offer compliant, intelligent, and accessible credit to their customers,” said Jaco Fölscher, CEO of ACPAS. “Our technology will enhance the customer finance journey across both in-store and online channels.”

    Strengthening Compliance and Risk Controls

    UPAY’s AML-focused subsidiary, AML GO, will enhance the solution by providing automated anti-money laundering (AML) checks and integrated tools to support compliance with local regulatory frameworks. This ensures the finance journey remains secure, auditable, and compliant—meeting both consumer and institutional expectations.

    A Digital-First, Consumer-Centric Finance Strategy

    The SLA also includes:

    • Continuous performance monitoring and optimization
    • Built-in tools for compliance and risk oversight
    • Adherence to fintech best practices in data privacy and credit governance

    Together, UPAY and its subsidiaries are redefining what responsible credit delivery looks like in tech-driven retail, helping partners expand access to premium technology through smarter finance options.

    About UPAY Inc.
    UPAY Inc. is a U.S.-listed fintech holding company focused on delivering intelligent financial platforms and compliance technologies across emerging and established markets. Its solutions span automation, payments, credit, and regulatory innovation.
    www.upaytechnology.com

    About ACPAS
    ACPAS, a subsidiary of UPAY Inc., is a leading provider of Loan Management Software in South Africa. Its platform powers digital lending, risk-based decision making, and payment orchestration for a broad range of financial institutions and credit providers.
    www.acpas.co.za

    Forward-Looking Statements
    This press release contains “forward-looking statements” as defined under applicable securities laws. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update or revise forward-looking statements because of new information, future events, or other circumstances. No information in this publication should be interpreted as any indication whatsoever of the Company’s future revenues, results of operations, or stock price.

    For media inquiries, please contact: info@upaytechnology.com

    The MIL Network –

  • MIL-OSI: ZA Miner Announces New Era of Effortless Crypto Mining with High-Yield Cloud Contracts

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 09, 2025 (GLOBE NEWSWIRE) — ZA Miner, a global cloud mining platform, announced the official launch of its next-generation cloud mining platform, enabling users to earn daily cryptocurrency rewards without owning hardware or having prior experience. With no complex setup, high energy costs, or technical knowledge required, ZA Miner offers mining contracts with returns of up to $12,025 per day and purchase bonuses exceeding $5,000, opening the door to passive crypto income for users worldwide. 


    What Is Cloud Mining?

    Cloud mining allows users to lease mining power from professional data centers rather than managing their own hardware. It eliminates the need for expensive setups and ongoing maintenance, offering a simplified, beginner-friendly entry into crypto earnings.

    Top Advantages of Cloud Mining:

    • No Physical Setup – No need to buy or maintain hardware.
    • Effortless Daily Earnings – Automated payouts to your wallet every 24 hours.
    • Low Barrier to Entry – Start small and scale over time.
    • Remote Access – Mine from anywhere with an internet connection.
    • Scalable Profits – Upgrade to higher-tier contracts for larger returns.


    ZA Miner: Where Simplicity Meets Daily Crypto Profits

    ZA Miner is transforming the cloud mining space in 2025 by removing barriers for everyday investors. Its intuitive platform is designed for users of all levels—no technical know-how needed. With a total investment exceeding 10 million, ZA Miner leverages a global network of energy-efficient, AI-optimized data centers to deliver consistent and sustainable returns.

    Whether you’re exploring crypto for the first time or seeking a low-maintenance way to grow your portfolio, ZA Miner offers a stable, secure, and scalable solution to earn passive income.

    A Secure, Eco-Friendly Mining Experience

    Backed by ZA FUNDINGS LTD and certified by the UK Financial Conduct Authority (FCA), ZA Miner prioritizes transparency, user protection, and environmental sustainability. All mining operations are powered by renewable energy sources such as solar and wind, ensuring profits are not only reliable—but also environmentally responsible.

    Key Features of ZA Miner

    1. Instant Setup & Welcome Bonus
      New users receive a $100 bonus upon registration and can activate their mining contracts instantly.
    2. Advanced Mining Hardware
      ZA Miner uses high-performance ASIC and GPU rigs, ensuring optimized returns and operational stability.
    3. User-Friendly Platform
      A clean, easy-to-navigate interface makes it perfect for crypto beginners and seasoned users alike.
    4. Lucrative Referral Program
      Earn 7% from direct referrals and additional 3% and 1% from subsequent levels in your network.
    5. Diverse Mining Options
      Mine major cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and BNB under one roof.
    6. Flexible Investment Packages
      From entry-level $100 plans to contracts exceeding $200,000, users can choose tailored plans—some offering up to $30,000 in bonuses.

    How to Start with ZA Miner

    1. Sign Up: Register and receive your $100 mining bonus.
    2. Choose a Package: Select a contract based on your budget, timeline, and earning goals.
    3. Start Mining: Let ZA Miner’s systems go to work while you enjoy daily crypto rewards.

    ZA Miner offers a compelling, stress-free entry into crypto mining. With its mix of user-friendly tools, green energy operations, and high-yield contracts, it’s an ideal platform for passive income in 2025. Whether you’re new to digital assets or expanding your crypto investments, ZA Miner proves that earning doesn’t have to be complicated.

    To learn more or get started, visit https://www.zaminer.com/

    The MIL Network –

  • MIL-OSI USA: DeGette, Pallone, and Democratic Health Subcommittee Members Demand Hearing on Alarming Disruptions at NIH

    Source: United States House of Representatives – Congresswoman Diana DeGette (First District of Colorado)

    WASHINGTON, D.C. — Today, Energy and Commerce Health Subcommittee Ranking Member Diana DeGette (CO-01), Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (NJ-06) and all Democratic Health subcommittee members called for an urgent hearing with Dr. Jay Bhattacharya, Director of the National Institutes of Health (NIH), amid growing concerns over sweeping disruptions to the agency since the beginning of the second Trump Administration. 

    In a letter sent to Energy and Commerce Committee Chair Brett Guthrie (R-KY), the Members requested a hearing to examine “significant staff reductions at the agency, the documented delayed or canceled research activities at NIH, and policy changes that have taken place in the first months of the Trump administration.”

    “Congress has a constitutional responsibility to oversee executive actions that fundamentally alter the structure, capacity, and mission of agencies established in statute, in a bipartisan manner. The current trajectory of NIH under the Trump administration is alarming, marked by political interference, anti-science rhetoric, and destabilizing personnel and funding decisions,” the letter reads. 

    The Members outlined sweeping and destabilizing changes at NIH since January, including: 

    1. Attempting to push out at least 2,500 NIH staff as part of broader HHS-wide staff reductions totaling more than 20,000 employees;
    2. Cancelling over 800 research grants—totaling billions of dollars—impacting research into cancer, mental health, rare diseases, infectious disease, and health disparities;
    3. Freezing NIH grant-operations and external communications, stalling the agency’s ability to carry out its mission; and
    4. Proposing a nearly 40% budget cut to NIH in the Administration’s fiscal year 2026 budget, despite strong bipartisan support for biomedical research.

    The letter continues, “It is critical the Energy and Commerce Committee convene a hearing with Director Bhattacharya to examine these actions and assess whether the NIH remains equipped to serve the American people and maintain its leadership in global biomedical research. We are deeply concerned the disruption at NIH and our biomedical research enterprise will have untold costs in terms of lost innovation and treatments and cures for the American people.”

    The Members sent the letter following the publication of the “Bethesda Declaration” in which hundreds of current and recently terminated NIH employees expressed deep concerns to Director Bhattacharya about the direction NIH has taken under President Trump. 

    Read the Member’s full letter here.

    ### 

    MIL OSI USA News –

  • MIL-OSI: Bellarium Network Launches to Redefine the Future of Decentralized Finance

    Source: GlobeNewswire (MIL-OSI)

    Zurich, Switzerland, June 09, 2025 (GLOBE NEWSWIRE) — A new era in decentralized finance (DeFi) begins with the official launch of Bellarium Network, a blockchain-powered ecosystem focused on providing accessible, secure, and scalable DeFi solutions. With the growing demand for financial autonomy, digital asset control, and global accessibility, Bellarium emerges as a comprehensive platform built to meet the evolving needs of users worldwide.

    A New Standard for DeFi Platforms

    Bellarium Network introduces a streamlined, all-in-one platform designed to unify multiple decentralized services under a single ecosystem. At its core, Bellarium is dedicated to enhancing the usability, reliability, and accessibility of decentralized finance, offering a suite of services that include digital asset management, decentralized trading, crypto payment processing, and future-ready DeFi debit card integration. Unlike fragmented DeFi applications that often confuse users with siloed functionality, Bellarium takes a different approach—one that emphasizes fluid interaction between services, frictionless user experience, and full transparency through blockchain technology.

    Key Features of the Bellarium Ecosystem

    The Bellarium platform is composed of multiple interlinked products and services, each crafted to solve specific challenges faced by users in the decentralized economy. These include:

    Multi-Chain DeFi Wallet: A non-custodial wallet supporting multiple blockchains, allowing users to securely store, manage, and transfer digital assets while retaining full control over private keys.

    Swap Aggregator: Bellarium’s integrated swap feature aggregates the best prices across major decentralized exchanges (DEXs), helping users execute trades at optimal rates without manually comparing platforms.

    AI-Powered P2P Lending: A peer-to-peer lending system enhanced with AI analytics that matches borrowers and lenders efficiently based on real-time risk analysis, credit scoring, and historical transaction data.

    Futures and Options Trading: The platform supports decentralized perpetual futures and options trading, enabling users to engage in hedging and leverage strategies directly from the Bellarium interface.

    Bellarium Pay: A secure, merchant-ready crypto payment gateway that allows online businesses to accept payments in various cryptocurrencies with minimal transaction fees.

    DeFi Debit Cards (Coming Soon): Bellarium plans to introduce virtual and physical DeFi debit cards that will enable users to spend their crypto balances at millions of merchants worldwide, online and in person.

    The Utility of the $BEL Token

    At the heart of the Bellarium Network lies the $BEL token, a utility token designed to power all activities within the ecosystem. From covering transaction fees to providing staking rewards and enabling governance participation, $BEL plays a central role in aligning user incentives with platform growth.

    Token holders will also have the ability to vote on proposals related to the protocol’s future direction, feature development, and ecosystem upgrades—ensuring Bellarium evolves in response to its growing community.

    Commitment to Transparency and Security

    Bellarium’s infrastructure is designed around trustless interactions and user-first architecture. The platform is built using battle-tested smart contracts, audited for security vulnerabilities and optimized for gas efficiency. Moreover, the platform’s roadmap emphasizes continual improvement, with upcoming milestones including multi-chain integrations, merchant onboarding, and further decentralization of governance mechanisms.

    As part of its commitment to transparency, Bellarium provides open access to protocol data, smart contract addresses, and platform metrics. Users are encouraged to engage with the platform through secure wallet connections, without the need for KYC or third-party data sharing. 

    Why Bellarium Stands Out

    While many DeFi projects promise innovation, Bellarium focuses on delivering a real-world user experience that simplifies the often complex world of decentralized finance. By combining essential tools like swapping, lending, and payments under one interface, Bellarium reduces user friction and promotes long-term platform sustainability.

    In addition, Bellarium is built to scale. With its modular architecture and multi-chain compatibility, the network is well-equipped to adapt to changing blockchain standards and user demands. The platform’s use of AI and smart automation further streamlines financial interactions for both retail users and institutional participants.

    Looking Ahead

    The roadmap for Bellarium outlines a clear vision: to become a one-stop destination for anyone seeking intuitive and secure access to decentralized finance. In the months ahead, the platform will continue building strategic partnerships with blockchain infrastructure providers, DEX aggregators, and fintech merchants to expand the reach of Bellarium Pay and increase utility for $BEL holders.

    Through community-driven governance, Bellarium also plans to launch ecosystem incentive programs aimed at rewarding early adopters, liquidity providers, and developers contributing to open-source innovations within the protocol.

    Join the Bellarium Ecosystem

    Bellarium invites users, developers, and DeFi enthusiasts to join its mission to democratize financial access through decentralized infrastructure. Whether you’re managing assets, trading tokens, or seeking to spend your crypto in the real world, Bellarium offers a secure and powerful gateway into the decentralized economy.

    Learn more at www.bellarium.network and follow Bellarium on Twitter for the latest updates.

    The MIL Network –

  • MIL-OSI: Apex Finance Institute Launches Apex Mind Under Maxwell Laurence’s Vision for Intelligent Investment Education

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, June 09, 2025 (GLOBE NEWSWIRE) — Apex Finance Institute today announced the official release of Apex Mind, a next-generation intelligent learning platform developed under the direction of founder Maxwell Laurence, marking a milestone in the evolution of investment education. With this launch, Apex Finance Institute strengthens its role in shaping the cognitive and strategic foundations of global investors amid increasingly complex financial environments.

    The Apex Mind system reflects Laurence’s long-held philosophy: strategic decision-making must be trained, not assumed. Unlike traditional curriculum models based solely on technical instruction, Apex Mind is engineered to develop the internal logic and adaptive thinking frameworks necessary for sustainable investment performance. It captures behavioral inputs, interprets strategic gaps, and dynamically adjusts user progression in real time.

    Key functional components include:

    Cognitive Profiling Engine – Analyzes user behavior to construct personalized decision maps and optimize learning flow

    Real-Time Strategy Simulator – Enables cross-asset scenario modeling and immediate response validation under simulated volatility

    Macro-to-Micro Connector – Integrates global economic variables into bottom-up investment scenarios for applied reasoning training

    Benchmark Intelligence Dashboard – Compares individual performance across anonymized peer cohorts and industry-standard patterns

    According to internal testing, participants in the Apex Mind pilot program demonstrated a 46% improvement in risk-adjusted decision-making accuracy within the first six weeks of use. The platform is now being deployed across all Apex Finance Institute programs globally, with expanded language support and enterprise integration scheduled in the next phase.

    “Apex Mind redefines how investment training is delivered,” said Maxwell Laurence, Founder of Apex Finance Institute. “It is designed not just to inform, but to transform—ensuring users internalize disciplined, high-leverage thinking in the face of uncertainty.”

    Developed in collaboration with financial cognitive scientists and strategy analysts from key global markets, Apex Mind represents a strategic response to what Laurence has identified as the “cognitive deficit” among retail and semi-professional investors. The system aligns with Apex Finance Institute’s broader mission: to provide not only tools, but mental models, enabling users to engage complex macroeconomic, sectoral, and policy variables with clarity and control.

    This launch arrives at a time when the global investment landscape is undergoing rapid transformation—characterized by fragmented liquidity regimes, data saturation, and accelerating policy shifts. Apex Finance Institute positions Apex Mind as a tactical operating system for the next generation of investors: those seeking to navigate capital markets with structure, precision, and global awareness.

    The new release is available to institutional partners, individual program enrollees, and approved educational affiliates beginning this month. Additional modules focused on behavioral finance, scenario anticipation, and geopolitical volatility modeling are expected to roll out in the final quarter of 2025.

    About Apex Finance Institute

    Apex Finance Institute is a global financial education platform founded by Maxwell Laurence.The institute is recognized for its integration of real-market intelligence, cognitive strategy training, and modular investment education systems. Apex Finance Institute is committed to advancing intelligent investor development through systemic training, technological innovation, and global perspective.

    https://apexve.com/

    The MIL Network –

  • MIL-OSI Global: Wildfire smoke can harm your brain, not just your lungs

    Source: The Conversation – Canada – By Dr Bhavini Gohel, Clinical Associate Professor, Cumming School of Medicine, University of Calgary

    Wildfires are already burning in parts of Canada, and as they do, many communities are already facing the familiar thick haze as smoke drifts in.

    Smoke from wildfires has already led Environment Canada to issue air quality warnings for much of Ontario. In Toronto, smoke led to the city briefly having the worst air quality in the world.

    Anyone who has experienced wildfire smoke knows how it can leave you with a scratchy throat, stinging eyes and impact your lungs. However, smoke can also affect your brain. Tiny airborne pollutants found in smoke have been linked to increased risk of stroke, dementia and flare-ups in neurological diseases like multiple sclerosis (MS).

    These effects can disproportionately impact older adults, people with disabilities, Indigenous Peoples and those living in low-income communities. This isn’t just about climate. It’s about equity, and health systems need to catch up.

    Canada’s 2023 wildfire season was the worst on record, and as climate change worsens wildfires, it may be a sign of what’s to come.

    Animation of Canada’s 2023 wildfire season by cartographer Peter Atwood, using NASA data to show the daily spread of fires and smoke across the country. (Peter Atwood)

    A direct path to the brain

    Alongside harmful gases and heavy metals, wildfire smoke contains fine particulate matter, also known as PM2.5. These tiny particles can travel deep into your lungs, slip into your bloodstream and even reach your brain. Some even bypass the lungs entirely, entering the brain directly through the nose.

    After entering the brain, these toxins can cause inflammation and stress, damage nerve cells and even accelerate cognitive decline. Studies have linked exposure to air pollution to an increased risk of stroke and dementia. Even short-term spikes in smoke exposure, like those during wildfires, lead to a surge in emergency visits for strokes, especially among people over 65.

    A 2022 experiment had thousands of adults participate in an online attention task under smoky conditions. It found that just a three-hour spike in fine particulate matter, typical of a heavy smoke episode, led to measurably worse attention scores. This fits other evidence that breathing smoke makes people mentally foggy, forgetful or fatigued.

    Fine particulate matter in wildfire smoke can reach the brain via the lungs or nose, causing inflammation, neuronal damage, and raising the risk of stroke, dementia, cognitive decline, and MS flare-ups.
    (Muskaan Muse Laroyia)

    Wildfire smoke, dementia and MS

    In 2024, a study found that chronic exposure to wildfire-related air pollution significantly increased the likelihood of someone being diagnosed with dementia. The risk was most pronounced in low-income communities, where people often have less access to clean air, health care and protective measures.

    For people already living with neurological conditions like MS or Parkinson’s disease, the stakes are even higher. Exposure to fine particulate pollution has been linked with increased hospital admissions for MS relapses, particularly in young patients. Other research points to worsening symptoms of epilepsy and cognitive decline under extreme heat and polluted air conditions.

    Despite these mounting risks, neurological health considerations have been largely absent from wildfire preparedness initiatives and public health responses. That needs to change.

    If you want to stay informed about local smoke exposure, tools like AQmap can help you track PM2.5 levels in real time across Canada.

    Some more impacted than others

    Some face far greater risk from wildfire smoke than others, including older adults, those with pre-existing health conditions, people with lower socio-economic status, Indigenous populations, people residing in remote areas and children. This is a health equity issue as much as a medical one.

    Each of these groups faces unique and compounding challenges during smoke events. For example, older adults are more vulnerable to the cardiovascular and neurological effects of smoke. They also face greater barriers to accessing filtered environments.

    People with disabilities or chronic illnesses, including those with neurological conditions, often can’t relocate during smoke events and may rely on power-dependent medical devices that can fail during climate emergencies.

    Low-income families are more likely to live in housing without proper air filtration or cooling. These same communities often face higher baseline rates of neurological disease.

    Indigenous communities, more than 80 per cent of which are located near fire-prone areas, face recurring displacement, interruptions to care and disproportionate exposure to smoke each summer.

    Children and adolescents are particularly susceptible to the harmful neurological effects of wildfires. Because their brains are still developing and they breathe more air per body weight than adults, children are especially vulnerable to harmful pollutants.

    Studies have linked early-life exposure to fine particulate matter with an increased risk of neuro-developmental disorders, lower cognitive function and structural brain changes.

    These populations aren’t just more exposed, they also have fewer resources to respond.

    Rethinking Canada’s health systems

    Recognizing these inequities, we are developing a climate-health equity framework for Canada, with a specific focus on neurological health. Our interdisciplinary team is asking: how can we build health systems that protect vulnerable brains during climate emergencies?

    Health-care workers in Alberta Health Services have designed the Climate-Resilient Acute Care Clinical Operations Framework. This framework supports hospitals in becoming both greener and more resilient, ensuring care can continue during wildfires, floods and extreme heat events.

    Importantly, it also centres the needs of equity-deserving populations, integrating climate adaptation into emergency care, supply chains, staffing and patient communication.

    What needs to change?

    1. Public awareness must expand beyond respiratory health. Neurological effects of smoke should be included in public health messaging, especially for high-risk groups.

    2. Health systems must be climate-ready, with clean air shelters, evacuation protocols and services tailored to meet the needs of neurological patients.

    3. Communities need support, from funding for air filtration to co-ordinated outreach during smoke events. Indigenous-led fire stewardship and community health initiatives should be part of national planning. Supporting Indigenous-led fire stewardship not only strengthens wildfire response but also respects Indigenous sovereignty and traditional ecological knowledge.

    4. Clinicians must be empowered to address climate-related health risks. Training in environmental health, including its impact on the brain, is increasingly essential.

    Wildfire season is back, and with it, an urgent need to protect more than just our lungs. The science is clear: breathing smoky air affects our minds, especially for those already facing health and social vulnerabilities.

    Climate change is a brain health issue. Building a healthier, more equitable future requires us to treat it that way, starting now.

    Dr Bhavini Gohel works for the Canadian Coalition for Green Healthcare.

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

    – ref. Wildfire smoke can harm your brain, not just your lungs – https://theconversation.com/wildfire-smoke-can-harm-your-brain-not-just-your-lungs-258052

    MIL OSI – Global Reports –

  • MIL-OSI USA: Trahan Statement on House Settlement Approval

    Source: United States House of Representatives – Congresswoman Lori Trahan (D-MA-03)

    LOWELL, MA – Today, Congresswoman Lori Trahan (MA-03), a former Division I athlete and member of the House Energy and Commerce Committee, issued the following statement after a federal judge approved the proposed settlement in the House, Hubbard, and Carter v. National Collegiate Athletic Association lawsuits:
    “This settlement is a long overdue acknowledgment of what we’ve known for a long time: amateurism is a relic of the past. This outcome wasn’t the result of college sports executives’ forward thinking or university administrators’ generosity. It happened because athletes stood up, spoke out, and demanded better.”
    “For the first time, colleges will be able to pay athletes directly for the use of their name, image, and likeness. That’s not just a step forward – it’s an acknowledgement of the value athletes create. The challenge now lies in how these funds are distributed. Institutions must meet their obligations under Title IX, and we will be watching to ensure they do.”
    “With this momentum, athletes can, and must, keep pushing. There’s much more work ahead to strengthen Title IX, ensure NIL rights extend to all college athletes, and center the health and safety of athletes in every conversation about reform. The greatest threat to that progress is misguided intervention by Congress that chokes off the hard-won gains athletes have fought to achieve. If Congress acts, it must focus on the actual challenges facing college athletics – not the balance sheets of powerful conferences.”
    ###

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Attracting more investment for housing

    Source: Scottish Government

    Boosting growth potential

    Proposals to build investor confidence in the housing market have been published by an independent group of experts. 

    The Housing Investment Taskforce report makes a number of recommendations to increase investment across the social, affordable and private housing sectors including:

    • Attracting other funds, in addition to public money, for affordable housing.
    • Creating conditions to support more shared home ownership
    • Supporting a more entrepreneurial approach from public bodies.

    Welcoming the taskforce report Housing Minister Paul McLennan said:

    “It is my ambition, shared by the members of the Housing Investment Taskforce, to make Scotland the best place for housing investment. The report has identified a range of actions to support more investment across all tenures of the housing system to meet Scotland’s growth potential.

    “We’re taking forward these recommendations in the Programme for Government and will work in partnership with taskforce members and other organisations to grow investor confidence to support the delivery of more homes across Scotland.”

    MODA Planning Director James Blakey said:

    “Addressing the housing emergency needs bold, imaginative and concrete actions, and we are proud to have collaborated with the Housing Minister and the taskforce over the last year to shape these. Working in partnership to create market certainty and viability is key to attracting crucial investment into Scotland so we can build the new homes people want and need.”

    Communications Director of Springfield Karen Campbell said:

    “The taskforce’s report is clear on the value in building confidence, supporting new partnerships and creating the economic opportunity to unlock new and existing investment in Scotland. Working together we can now take those actions forward to deliver more homes across all tenures.”

    HIT report

    Ken Gibb report

    MIL OSI United Kingdom –

  • MIL-OSI: Default ahead for California? Unlikely, says New Report From Payden & Rygel’s California Municipal Social Impact Fund Team

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 09, 2025 (GLOBE NEWSWIRE) — Recent concerns over California’s fiscal health—driven by declining initial public offering (IPO) volume, reduced federal funding risk, and rising costs—have prompted questions about the state’s financial stability. However, after a thorough analysis, Payden & Rygel’s market-leading municipal bond team believes the risk of a bond default or severe credit deterioration remains low.

    “While we understand investors’ concerns about the California economy, its capacity to generate adequate revenue to match spending levels and the potential impact on the state’s municipal debt, we believe that although the revenue picture is softening, the outlook remains relatively stable over the next 1-2 years with potential credit rating deterioration limited to just one notch over that timeframe in a worst case scenario. Near term ratings will hinge on the final FY 26 budget that we expect Sacramento to pass by June 15th, otherwise lawmakers don’t get paid,” say the report’s authors, the Payden & Rygel’s California Municipal Social Impact Fund team.

    “We are also closely monitoring the evolution of entitlement spending reduction proposals at the federal level but ultimately expect Medicaid cuts to be less pervasive than currently feared,” they added.

    Here are six reasons to be optimistic:

    Reason 1: Legal structure.

    The 10th amendment prohibits states, including California, from filing for bankruptcy. While defaults are technically possible, California is nowhere near default based on current indicators.

    Reason 2: Strong revenues, limited impact from IPO weakness

    With less than a month in the current fiscal year, tax revenues are weakening but remain strong, with Governor Newsom’s recent May Revision projecting a relatively small $12 billion projected for next year. IPO activity, while down, is not a core revenue driver. Its recent decline reflects a normalization post-COVID stimulus, not a structural weakness.

    Reason 3: Credit ratings are stable

    All three major credit agencies S&P, Moody’s, and Fitch—rate California AA-/Aa2/AA, respectively, all with stable outlooks but we expect the ratings agencies to refine their views this summer following the finalization of the FY 2026 budget process by the end of June.

    Reason 4: A strong economy with healthy reserves

    California’s gross domestic product (GDP) ranks #4 globally, recently surpassing Japan, underscoring a broad, diverse and innovative state economy with a deep employment base. Although reserves have dipped since 2023 due to pandemic fund drawdowns and budgetary uncertainty in FY 2023/2024 due to delayed tax receipts, they remain at comparatively strong levels historically that will grant state leadership time to navigate federal policy uncertainty, which Governor Newsom blames for a softening of revenue.

    Reason 5: Manageable liabilities

    Debt service is low at 3–4% of governmental expenditures, and pension funding remains solid. Because of constitutional protections that prioritize education and debt payments, revenue would need to drop over 50% to threaten debt service. For context, State revenues dropped 15% in 2008.

    Reason 6: Credit conditions are weakening but remain healthy

    Despite uncertainty, California retains healthy credit fundamentals with relatively stable ratings, manageable deficits, excellent access to liquidity and conservative budgeting assumptions that support bondholder confidence.

    In summary, while recent headlines surrounding tariffs, fiscal tightening, and economic uncertainty have contributed to heightened market anxiety, our base case remains firm: Although California’s credit profile is softening, it continues to demonstrate resilience, supported by a vast and diversified tax base, substantial reserve levels across all governmental funds, and long-term liabilities that we consider both moderate and manageable.

    Here is a link to the full report.

    ABOUT PAYDEN & RYGEL

    With $165 billion under management, Payden & Rygel is one of the largest privately-owned global investment advisers focused on the active management of fixed income and equity portfolios. Payden & Rygel provides a full range of investment strategies and solutions to investors around the globe, including Central Banks, Pension Funds, Insurance Companies, Private Banks, and Foundations. 

    This material reflects the firm’s current opinion and is subject to change without notice. Sources for the material contained herein are deemed reliable but cannot be guaranteed. This material is for illustrative purposes only and does not constitute investment advice or an offer to sell or buy any security. Past performance is no guarantee of future results.

    For press requests, please contact:
    Kate Ennis
    ennis@daipartnerspr.com
    301-580-6726

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/367a23d6-9d21-429c-a5ea-634d52a11acd

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f85ccbe4-4c3a-4ee8-a197-5f8be8382a85

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

    The MIL Network –

  • MIL-OSI: Netcapital Portfolio Company Acquires Mixie

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, MA, June 09, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that Netcapital portfolio company Zelgor has completed the acquisition of Mixie, a blockchain-native platform building infrastructure and tools for Web3 gaming, creator media, and decentralized community engagement.

    Mixie brings a robust ecosystem that includes an AI-powered no-code game engine, a Web3-native media network with over 100 million monthly impressions, and an accelerator model designed to support early-stage crypto projects. The platform operates at the intersection of creator economies and blockchain finance, providing tools that unify creation, distribution, and monetization.

    “We have always strived to utilize cutting edge technology to develop transformative game experiences and enable others to do the same,” said John Fanning Jr., CEO of Zelgor. “Mixie’s technology stack and media reach align perfectly with our goals and provide immediate capabilities to scale within both Web2 and Web3 landscapes.”

    To learn more about Mixie, visit Mixie.AI
    To explore Zelgor’s universe, visit https://zelgor.com

    About Zelgor Inc.

    Zelgor is an interactive entertainment company creating a virtual universe around its unique media franchise, called the Noobs, an army of outlandish aliens exploring the universe. Zelgor investors include famous venture capitalist Tim Draper, co-creator of Guitar Hero, Kai Huang, and the founders of Napster. The Zelgor team holds real-world experience working on successful games like The Sims, Bioshock Infinite, Dungeons & Dragons Online, and many more.

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    Forward Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contact

    800-460-0815 ir@netcapital.com

    The MIL Network –

  • MIL-OSI: Pax8 Introduces the Era of Managed Intelligence in its 2025 Research Report: The Agentic Inflection Point

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 09, 2025 (GLOBE NEWSWIRE) — Pax8, the leading cloud commerce Marketplace, today released its inaugural research report, The Agentic Inflection Point: And the Rise of the Managed Intelligence Provider. The comprehensive study defines the future of small-to-midsized business (SMB) operations, transformed by agentic labor and the democratization of enterprise-level technology access. It also introduces Managed Intelligence, a bold new framework that enables all stakeholders in the technology ecosystem to navigate this transition and thrive in the agentic era.

    “We are standing at the edge of a monumental new era where agentic systems will redefine how work gets done,” said Scott Chasin, CEO of Pax8. “The proliferation of these AI agents will allow SMBs to compete against large enterprises and scale faster than ever, and Managed Intelligence Providers will be key to enabling the technology. The rate at which this technology is advancing makes the next 24 to 36 months critical. MSPs that evolve quickly into the MIP model will be poised to experience long-term success in the new paradigm.”

    The report outlines the emergence of agentic systems—AI-powered agents capable of autonomous action and reasoning—and their transformative impact on the global SMB economy. It positions the MIP as the strategic partner that curates, orchestrates and governs intelligent agents: Making the move from simply managing services to truly driving business outcomes for SMBs. The Agentic Inflection Point also serves as a guide for partners ready to embark on their transformation and capitalize on the enormous opportunity in front of them.

    Key Findings from the Report

    The Agentic Inflection Point
    The report focuses on a new paradigm taking shape, where autonomous software agents collaborate with human expertise to redefine business operations. The fusion of AI and automation reduces the time spent between idea and execution, marking the dawn of the Idea Economy, where businesses are built and run by code, and software agents transition from supporting work to doing it. The result is the democratization of capability, empowering organizations of all sizes with tools once reserved for industry giants.

    Four Levels of Agents
    Pax8’s research has identified four distinct levels of AI agent functionality, each representing a significant leap in autonomy and business impact.

    1. Chatbots: Generative tools that respond to direct human prompts and queries through the use of AI and rules.
    2. Assistants: Enhanced chain-of-thought reasoning to decompose complex goals into actionable steps, make decisions based on contextual information and execute multiple operations in sequence.
    3. Digital Labor: Operating independently across multiple systems and tools with minimal human oversight.
    4. Digital Workforce: Coordinated systems of multiple agents working together, specializing, collaborating and distributing work to accomplish complex objectives at scale.

    The Rise of the Managed Intelligence Provider
    The Agentic Inflection Point introduces the Managed Intelligence Provider (MIP) – the next evolution of the MSP. The current MSP model is reaching maturity, with the demands of AI-driven businesses, the complexity of autonomous systems and the need to deliver business outcomes. MIPs guide clients through automation-powered reinvention, leveraging agent marketplaces, governance frameworks and curated solution stacks; reinventing how business gets done. According to survey results in the report, 66 Pax8 partners believe they will be seen as strategic business advisors to their clients in two years, a more than seven-fold increase to their current role as an IT support provider. This data proves that the change in the partner’s identification from a reactive vendor to a proactive enabler is already in motion.

    The Agentic Supply Chain
    To enable SMBs to compete with enterprise-scale capabilities, the Agentic Supply Chain will emerge, providing the necessary infrastructure to support digital labor. This comprehensive framework of intelligent systems will integrate into business operations and enable marketplaces to become orchestration hubs. In this new supply chain, agents will initiate the buying, selling and scaling of licenses and MIPs will shift from procuring licenses to procuring outcomes.

    Monetization Models
    The age of agentic AI will also introduce new pricing models that align with how MIPs generate revenue. Compared to the legacy model where software is sold by the seat, agentic systems will be sold based on the result they deliver. The Agentic Inflection Point identifies four primary business models for capturing value in this new paradigm:

    1. Per Agent (FTE Model): Pricing aligned with the human equivalent they augment or replace.
    2. Per Action (Consumption-based): Usage-based pricing is tied directly to the value delivered.
    3. Per Workflow (Process-based): Workflow-based pricing that captures the value of end-to-end automation.
    4. Per Outcome (Value-based): A sophisticated pricing model tying compensation directly to measurable business outcomes.

    The AI-Built SMB
    The Agentic Inflection Point reveals that 54% of midsize enterprises have already deployed AI, and 83% of high-growth SMBs are actively experimenting with it. As AI capabilities mature, Pax8 predicts the rise of the “AI-Built SMB”—businesses that are AI-native from day one, embedding generative and agentic technologies into every facet of their operations. These companies automate everything from customer service to product development, favor modular, vertical solutions over legacy software suites and often scale with lean teams. This new breed of SMBs aligns more with the agility and innovation of tech startups than traditional small businesses.

    To lead the agentic transformation, Pax8 is building the foundation for the agentic economy, including an agent marketplace, a Model Context Protocol integration framework, an agentic orchestration platform, a Managed Intelligence toolkit and much more. By connecting builders (SMBs), enablers (MIPs) and producers (software/cloud vendors), Pax8 aims to create an ecosystem that could shape the next trillion-dollar economy.

    To download the full report or learn more about Pax8, visit www.pax8.com/managed-intelligence.

    About Pax8
    Pax8 is the technology Marketplace of the future, linking partners, vendors and small-to-midsized businesses (SMBs) through AI-powered insights and comprehensive product support. With a global partner ecosystem of nearly 40,000 managed service providers, Pax8 empowers SMBs worldwide by providing software and services that unlock their growth potential and enhance their security. Committed to innovating cloud commerce at scale, Pax8 drives customer acquisition and solution consumption across its entire ecosystem.

    Follow Pax8 on Blog, Facebook, LinkedIn, X, and YouTube.

    Media Contact:
    Kristen Beatty
    Sr. Director of Public Relations
    kbeatty@pax8.com

    A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/441c1b70-0e59-40fc-97e1-3a3e3ab9718c

    The MIL Network –

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 9.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  9.6.2025
         
         
    Siili Solutions Plc: Share Repurchase 9.6.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           9.6.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             1 100 Shares
    Average price/ share    6,4000 EUR
    Total cost            7 040,00 EUR
         
         
    Siili Solutions Plc now holds a total of 7 198 shares
    including the shares repurchased on 9.6.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    

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    The MIL Network –

  • MIL-OSI Canada: Competition Bureau sues DoorDash for allegedly advertising misleading prices and discounts

    Source: Government of Canada News (2)

    June 9, 2025 – GATINEAU, QC – Competition Bureau

    The Competition Bureau is taking legal action against DoorDash Inc., and its subsidiary DoorDash Technologies Canada Inc., for promoting their online delivery services at a lower price than what consumers actually have to pay.

    A Bureau investigation found that consumers were unable to purchase food and other items at the advertised price on DoorDash’s websites and mobile applications due to the addition of mandatory fees at checkout. This practice is commonly known as drip pricing and is deceptive because consumers are not presented with an attainable price upfront.

    DoorDash charges consumers numerous mandatory fees to deliver orders made online, including service fees, delivery fees, expanded range fees, small order fees and regulatory response fees. As a result, consumers end up paying higher prices or receiving lower discounts than advertised. The company has been engaging in the alleged conduct for close to a decade, acquiring nearly $1 billion in mandatory fees from consumers.

    The Bureau also alleges that the way certain fees are represented on the company’s platform give the impression that they are taxes, where, in reality, they are charges imposed at DoorDash’s discretion.

    Today, the Bureau filed an application with the Competition Tribunal seeking, among other things, for DoorDash to: 

    • stop the deceptive price and discount advertising;
    • stop portraying fees as taxes;
    • pay a penalty; and
    • issue restitution to affected consumers who purchased food and other items through DoorDash’s platform.

    MIL OSI Canada News –

  • MIL-OSI: Baltic Horizon Fund requests consent of investors to amend terms and conditions of outstanding bonds

    Source: GlobeNewswire (MIL-OSI)

    Baltic Horizon Fund (the Issuer) has initiated a written procedure to amend the terms and conditions of Baltic Horizon Fund EUR 42 million 5-year floating rate bonds maturing in 2028 (ISIN EE3300003235, the Bonds). The current outstanding nominal amount of the Bonds is EUR 18,999,997.80 as Baltic Horizon Fund has redeemed Bonds in nominal amount of EUR 23,000,002.20 in accordance with the terms and conditions of the Bonds (Terms and Conditions).

    The Issuer has decided to request consent from the holders of the Bonds (the Holders) to amend voluntary early redemption regulation of the Bonds. The aim of the change is to give more flexibility to the Issuer to carry out voluntary early redemptions.

    Northern Horizon Capital AS as the fund manager has been in contact with the Holders and received preliminary consent for the requested amendments which is now to be confirmed in the official Holders’ written consent procedure in accordance with the Terms and Conditions. Holders who were entered in the registry of bond-holders maintained by Nasdaq CSD SE on 6 June 2025, are entitled to vote in the written procedure. All Holders are sent a notice by Triniti Collateral Agent IX OÜ acting as the agent for Holders (the Agent). 

    The consents of the Holders are requested to amend the regulation of voluntary early redemption regulation deriving mainly from Section 13.1 of the Terms and Conditions. Voting can be carried out by sending the filled-in voting form to the Agent by mail, courier or e-mail no later than 23:59 (EET) of 12 June 2025. The notice sent by the Agent along with the voting instructions, the voting form and template Power of Attorney are attached.

    For the quorum to be reached and the resolution taken the Holders representing at least 55% of the nominal amount of the Bonds should vote and Holders representing at least 2/3 of the nominal amount of the Bonds participating in the voting need to be in favour of the decision. Once a requisite majority of consents have been received by the Agent, the relevant decision shall be deemed to be adopted, even if the time period for replies has not yet expired. Information about the decision taken will be sent by notice to the Holders, published on the website of Baltic Horizon Fund and published by way of stock exchange release.

    If the request is approved by the Holders it will be binding on all Holders whether they participated in the voting or voted against the request or not, in accordance with Clause 16.12 of the Terms and Conditions.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    Attachment

    The MIL Network –

  • MIL-OSI: InspireSemi Announces Closing of Private Placement and Security Issuances

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia and AUSTIN, Texas, June 09, 2025 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc.  (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, announces that on June 2, 2025 it closed a non-brokered private placement comprised of proportionate voting share units (“PV Units”) for total proceeds of US$3,000,005 as was announced in its press release dated April 21, 2025.

    The offering was wholly subscribed for by the third party investment company (the “Investor”) who previously subscribed under the convertible loan agreement dated September 23, 2024 (as described in the Company’s press release dated September 23, 2024) pursuant to the Investor’s right of first refusal thereunder.

    The Investor was issued 315,790 PV Units at a price per PV Unit of US$9.50. Each PV Unit consists of one proportionate voting share in the capital of the Company (each a “PV Share”) and one half of one PV Share purchase warrant of the Company (each whole warrant a “PV Warrant”). Each whole PV Warrant is exercisable for one PV Share at a price per share of US$9.50.

    All securities issued are subject to resale restrictions pursuant to applicable securities law requirements until October 3, 2025.

    The Company intends to use the proceeds for general working capital purposes. No finder’s fees were payable on any portion of the funds raised.

    Secured Loan Extension

    The Company is also pleased to announce it has agreed an extension with certain investors to the maturity date of certain loans received by it under the secured loan facility (the “Loan Agreement”) announced by the Company and further described in its press releases dated April 1, April 30, and June 14, 2024.

    The following amounts will now all be due on October 31, 2025 rather than their original date of maturity:

    • US$250,000 that was scheduled to be due on March 28, 2025
    • US$300,000 that was due on April 29, 2025; and
    • US$290,000 that was due on June 14, 2025.

    As consideration for agreeing to the extension the Company has extended the expiry dates of 87,468 warrants granted to the extending investors to February 27, 2026. All interest that became due on such amounts to the date of their initial maturity was paid by the Company to the extending investors in cash.

    An additional US$200,000 of principal plus accrued interest of US$20,000 that was due on March 28, 2025 has been repaid to investors who did not wish to extend the maturity date.

    Other Security Issuances

    Interest Payment

    The Company has issued an aggregate of 22,512.50 PV Shares at a deemed issuance price of $16.00 per PV Share to settle in full $360,200 in interest owing (the “Interest Payment“) to the holders of outstanding 10% unsecured convertible debentures issued on May 19, 2023 (the “Debentures“).

    The Debentures mature on May 19, 2026 and carry an annual interest rate of 10%, accrued and payable annually on May 19 and payable in cash or PV Shares at the option of the Company. Under the terms of the indenture pursuant to which the Debentures are issued, the interest payable to the holders of Debentures is payable in PV Shares at a price per PV Share equal to 100 times the fair market value of the Company’s subordinate voting shares (“SV Shares”) as determined by the board of directors of the Company on May 19, 2025.

    All PV Shares issued in connection with the Interest Payment are issued in reliance on certain prospectus exemptions available under securities legislation and are subject to a four month and one day statutory hold period expiring September 21, 2025.

    Consulting Agreement

    The Company further announces that it has entered into to a 12 month fixed term consulting agreement dated June 9, 2025 with an arm’s length consultant who is providing strategic advisory services. The services will be paid for in proportionate voting shares (“PVS”) and therefore the Company has issued 10,000 PVS at a price per PVS of C$16.00 that vest monthly over the term of the agreement.

    Stock Options

    The Company also announces its board of directors approved a grant of stock options dated June 2, 2025 (the “Options“) to (i) an officer of the Company to acquire a total of 2,000,000 subordinate voting shares in the capital of the Company (“SV Shares”) and (ii) to employees of the Company to acquire a total of 1,485,000 SV Shares, each at an exercise price of C$0.16.

    All of the Options are exercisable for a ten-year term expiring June 2, 2035 and were granted pursuant to currently available stock option pool under the Company’s omnibus equity incentive plan (the “Plan“). All of the Options are subject to the terms of the Plan and applicable option agreements and are subject to vesting provisions.

    About InspireSemi

    InspireSemi provides revolutionary high-performance, energy-efficient accelerated computing solutions for High-Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads. The Thunderbird I ‘supercomputer-cluster-on-a-chip’ is a disruptive, next-generation datacenter accelerator designed to address multiple underserved and diversified industries, including financial services, computer-aided engineering, energy, climate modeling, cybersecurity, and life sciences & drug discovery. Based on the open standard RISC-V instruction set architecture, InspireSemi’s solutions set new standards of performance, energy efficiency, and ease of programming. InspireSemi is headquartered in Austin, TX.

    For more information visit https://inspiresemi.com  
    Follow InspireSemi on LinkedIn

    Company Contact
    Jack Cartwright, CFO
    (737) 471-3230
    invest@inspiresemi.com

    Cautionary Statement on Forward-Looking Information

    This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass.

    Forward-looking information includes, but is not limited to, information regarding the Delisting and any future listing. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this presentation, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of InspireSemi, to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company including information obtained from third-party industry analysts and other third-party sources and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    Investors are cautioned that forward-looking information is not based on historical facts but instead reflect management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects management’s current beliefs and is based on information currently available to them and on assumptions they believe to be not unreasonable in light of all of the circumstances. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

    Should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

    The MIL Network –