NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Business

  • MIL-OSI Global: The hidden power of cultural exchanges in countering propaganda and fostering international goodwill

    Source: The Conversation – USA – By Nicholas J. Cull, Professor of Communication, USC Annenberg School for Communication and Journalism

    The bluegrass group Della Mae plays at an orphanage in Kyrgyzstan on its State Department-sponsored American Music Abroad tour in 2012. Photo: Paul Rockower

    At a time when China is believed to spend about US$8 billion annually sending its ideas and culture around the world, President Donald Trump has proposed to cut by 93% the part of the State Department that does the same thing for the United States.

    The division is called the Bureau of Educational and Cultural Affairs. Among its other activities, the bureau brings foreign leaders to the U.S. for visits, funds much of the Fulbright international student, scholar and teacher exchange program and works to get American culture to places all across the globe.

    Does this matter?

    As a historian specializing in the role of communication in foreign policy, I think it does. Reputation is part of national security, and the U.S. has historically enhanced its reputation by building relationships through cultural tools.

    Previous U.S. administrations have realized this, including during President Donald Trump’s first term, when his team, led by Assistant Secretary of State for Educational and Cultural Affairs Marie Royce, raised the Bureau of Educational and Cultural Affairs budget to an all-time high.

    Modern Jazz Quartet traveled to Germany in 1960 as jazz ambassadors on a State Department-sponsored tour.

    Giving politics a human dimension

    Government-funded cultural diplomacy is an old practice. In 1889, President Benjamin Harrison’s government hosted a delegation of leaders from Latin America on a 5,000-mile rail tour around the American heartland as a curtain raiser for the first Pan-American conference. The visitors met a variety of American icons, from wordsmith Mark Twain to gunsmiths Horace Smith and Daniel B. Wesson.

    President Teddy Roosevelt initiated the first longer-term cultural exchange program by spending money raised from an indemnity imposed on the Chinese government for its mishandling of the Boxer Rebellion, during which Western diplomats had been held hostage. The program, for the education of Chinese people, included study in the U.S. In contrast, European powers did nothing special with their share of the money.

    During World II, Nelson Rockefeller, who led a special federal agency created to build links to Latin America, brought South American writers to the U.S. to experience the country firsthand. In so doing, he invented the short-term leader visit as a type of exchange.

    This work went into high gear during the 1950s. The U.S. sought to stitch postwar Germany back into the community of nations, so that nation became a particular focus. Programs linked emerging global leaders to Americans with similar interests: doctor to doctor; pastor to pastor; politician to politician.

    I found that by 1963, one-third of the German federal parliament and two-thirds of the German Cabinet had been cultivated this way.

    Visits gave a human dimension to political alignment, and returnees had the ability to speak to their countrymen and women with the authority of personal experience.

    From jazz to promoting peace

    The globally focused International Visitor Leadership Program built early-career relationships between U.S. citizens and young foreign leaders who later played a central role in aligning their nations with American policy.

    Nearly 250,000 participants have traveled to the U.S. since 1940, including about 500 who went on to lead their own governments.

    Future Prime Minister Margaret Thatcher of Britain visited as a young member of Parliament; F.W. De Klerk came from South Africa and saw the post-Jim Crow South before he helped lead his country to dismantling apartheid; and Egypt’s Anwar Sadat visited the U.S. and began to build trust with Americans a decade before he became leader of his country and partnered with President Jimmy Carter to advance peace with Israel.

    British Prime Minister Margaret Thatcher’s note from 10 Downing Street about her 1967 exchange visit to the US – ‘Forevermore I shall be a true friend to the United States.’
    U.S. Department of State

    Cultural work more broadly has included helping export U.S. music to places where it would not normally be heard. The Cold War tours of American jazz musicians are justly famous. Work bringing together the world’s sometimes persecuted writers for creative sanctuary at the International Writing Program at the University of Iowa is less well known.

    The Reagan administration arranged citizen-to-citizen meetings with the Soviet Union to thaw the Cold War. Reagan’s theory was that ordinary citizens could connect: He imagined a typical Ivan and Anya meeting a typical Jim and Sally and understanding each other.

    Current programs include bringing emerging highfliers in tech, music and sports to the U.S. to connect to and be mentored by Americans in the same field and then go home to be part of a living network of enhanced understanding. Such programs are in danger of being cut under Trump.

    Five U.S. hip-hop artists traveled to Harare, Zimbabwe, in 2024 to perform for audiences and collaborate with local artists as part of the State Department’s Next Level program.
    U.S. Department of State

    Personal experience conquers stereotypes

    How exactly does this work advance U.S. security?

    I see these exchanges as the national equivalent to the advice given to a diplomat in kidnap training: Try to establish a rapport with your hostage-taker so that they will see the person and be inclined to mercy.

    The Bureau of Educational and Cultural Affairs is the part of the Department of State that cultivates empathy and implicitly counters the claims of America’s detractors with personal experience. Quite simply, it is harder to hate people you really know. More than this, exchanged people frequently become the core of each embassy’s local network.

    Of course, an exchange program is just one part of a nation’s reputational security.

    Reputation flows from reality, and reality is demonstrated over time. Historically, America’s reputation has rested on the health of the country’s core institutions, including its legal system and higher education as well as its standard of living.

    U.S. reputational security has also required reform.

    In the 1950s, when President Dwight Eisenhower faced an onslaught of Soviet propaganda emphasizing racism and racial disparities within the U.S., he understood that an effective response required that the U.S. not only showcase Black achievement but also be less racist. Civil rights became a Cold War priority.

    Today, when the U.S. has no shortage of international detractors, observers at home and abroad question whether the country remains a good example of democracy.

    As lawmakers in Washington debate federal spending priorities, building relationships through cultural tools may not survive budget cuts. Historically, both sides of the political aisle have failed to appreciate the significance of investing in cultural relations.

    In 2013, when still a general heading Central Command, Jim Mattis, later Trump’s secretary of defense, was blunt about what such lack of regard would mean. In 2013 he told Congress: ‘If you don’t fund the State Department fully, then I need to buy more ammunition, ultimately.“

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

    – ref. The hidden power of cultural exchanges in countering propaganda and fostering international goodwill – https://theconversation.com/the-hidden-power-of-cultural-exchanges-in-countering-propaganda-and-fostering-international-goodwill-256316

    MIL OSI – Global Reports –

    May 29, 2025

  • MIL-OSI Global: Billy Joel has excess fluid in his brain – a neurologist explains what happens when this protective liquid gets out of balance

    Source: The Conversation – USA – By Danielle Wilhour, Assistant Professor of Neurology, University of Colorado Anschutz Medical Campus

    Billy Joel was diagnosed with normal pressure hydrocephalus. Ethan Miller/Getty Images

    Cerebrospinal fluid, or CSF, is a clear, colorless liquid that plays a crucial role in maintaining the health and function of your central nervous system. It cushions the brain and spinal cord, provides nutrients and removes waste products.

    Despite its importance, problems related to CSF often go unnoticed until something goes wrong.

    Recently, cerebrospinal fluid disorders drew public attention with the announcement that musician Billy Joel had been diagnosed with normal pressure hydrocephalus. In this condition, excess CSF accumulates in the brain’s cavities, enlarging them and putting pressure on surrounding brain tissue even though diagnostic readings appear normal. Because normal pressure hydrocephalus typically develops gradually and can mimic symptoms of other neurodegenerative diseases, such as Alzheimer’s or Parkinson’s disease, it is often misdiagnosed.

    I am a neurologist and headache specialist. In my work treating patients with CSF pressure disorders, I have seen these conditions present in many different ways. Here’s what happens when your cerebrospinal fluid stops working.

    What is cerebrospinal fluid?

    CSF is made of water, proteins, sugars, ions and neurotransmitters. It is primarily produced by a network of cells called the choroid plexus, which is located in the brain’s ventricles, or cavities.

    The choroid plexus produces approximately 500 milliliters (17 ounces) of CSF daily, but only about 150 milliliters (5 ounces) are present within the central nervous system at any given time due to constant absorption and replenishment in the brain. This fluid circulates through the ventricles of the brain, the central canal of the spinal cord and the subarachnoid space surrounding the brain and spinal cord.

    Cerebrospinal fluid circulates throughout the brain and spinal cord.
    OpenStax, CC BY-SA

    CSF has several critical functions. It protects the brain and spinal cord from injury by absorbing shocks. Suspending the brain in this fluid reduces its effective weight and prevents it from being crushed under its own mass. Additionally, CSF helps maintain a stable chemical environment in the central nervous system, facilitating the removal of metabolic waste and the distribution of nutrients and hormones.

    If the production, circulation or absorption of cerebrospinal fluid is disrupted, it can lead to significant health issues. Two notable conditions are CSF leaks and idiopathic intracranial hypertension.

    Cerebrospinal fluid leak

    A CSF leak occurs when the fluid escapes through a tear or hole in the dura mater – the tough, outermost layer of the meninges that surrounds the brain and spinal cord.

    The dura can be damaged from head injuries or punctured during surgical procedures involving the sinuses, brain or spine, such as lumbar puncture, epidurals, spinal anesthesia or myelogram. Spontaneous CSF leaks can also occur without any identifiable cause.

    CSF leaks were originally thought to be relatively rare, with an estimated annual incidence of 5 per 100,000 people. However, with increased awareness and advances in imaging, health care providers are discovering more and more leaks. They tend to occur more frequently in middle-aged adults and are more common in women than men.

    Risk factors for the condition include connective tissue disorders such as Ehlers-Danlos syndrome as well as postural orthostatic tachycardia syndrome.

    An upright headache could be a sign of a CSF leak.

    Unfortunately, it’s common for health care providers to misdiagnose a CSF leak as another condition, like migraine, sinus infections or allergies. What can make diagnosing a CSF leak challenging is its broad symptoms. Most people with a CSF leak have a positional headache that improves when lying down and worsens when standing. Pain is usually felt in the back of the head and may involve the neck and between the shoulder blades. In addition to headaches, patients may experience ringing in the ears, vision disturbances, memory problems, brain fog, dizziness and nausea.

    Imaging may help guide diagnosis, including an MRI of your brain or entire spine, or a myelogram of the space surrounding your spinal cord. Features of a CSF leak that are visible in a scan include your brain sagging down in the base of your skull as well as a fluid collection outside of your dura. However, an estimated 19% of people with a CSF leak can have normal scans, so not seeing signs of a leak on imaging does not entirely rule it out.

    Conservative treatment for a CSF leak involves rest, lying flat and increasing your fluid intake to give your spine time to heal the puncture. Increasing your caffeine consumption to an equivalent of three to four cups of coffee per day can also help by increasing CSF production through stimulating the choroid plexus. Caffeine also relieves pain by interacting with adenosine receptors, which are key players in the body’s pain perception mechanisms.

    If a conservative approach is not successful, an epidural blood patch may be necessary. In this procedure, blood is drawn from your arm and injected into your spine. The injected blood can help form a covering over the hole and promote the healing process. Headache improvement can be fast, but if the patch does not work or the results are short-lived, additional testing may be needed to better locate the site of the leak. In rare cases, surgery may be recommended. Most patients with a CSF leak respond to some form of these treatments.

    Idiopathic intracranial hypertension

    Idiopathic intracranial hypertension is a disorder involving an excess of CSF that elevates pressure inside the skull and compresses the brain. The term “idiopathic” indicates that the cause of the raised pressure is unknown.

    Most patients with idiopathic intracranial hypertension have a history of obesity or recent weight gain. Other risk factors include taking certain medications such as tetracycline, excessive vitamin A, tretinoin, steroids and growth hormone. Middle-aged obese women are 20 times more likely to be diagnosed with idiopathic intracranial hypertension than other patient groups. As obesity becomes more prevalent, so too does the incidence of this condition.

    Idiopathic intracranial hypertension results from increased intracranial pressure.

    Patients with idiopathic intracranial hypertension typically experience headaches and vision changes, tinnitus or eye pain. Papilledema, or swelling of the optic disc, is the hallmark finding on a fundoscopic examination of the back of the eye. Clinicians may also observe paralysis of the patient’s eye muscles.

    Normal pressure hydrocephalus, Joel’s diagnosis, is a form of this condition that commonly results in difficulty walking, loss of bladder control and cognitive impairment, sometimes referred to as the “wet, wobbly and wacky” triad. Joel’s diagnosis has brought awareness to this underrecognized but potentially treatable disorder, which is often managed through surgically placing a shunt to divert excess fluid and relieve symptoms.

    Brain imaging of patients suspected of having idiopathic intracranial hypertension is crucial to excluding other causes of elevated CSF pressure, such as brain tumors or blood clots in the brain. A lumbar puncture or spinal tap to measure the pressure and composition of CSF is also central to diagnosis.

    Since high intracranial pressure can damage the optic nerve and lead to permanent vision loss, the primary goal of treatment is to decrease pressure and preserve the optic nerve. Treatment options include weight loss, dietary changes and medications to reduce CSF production. Surgical procedures can also reduce intracranial pressure.

    Future directions and unknowns

    Cerebrospinal fluid is indispensable for brain health. Despite advances in understanding diseases related to CSF, several aspects remain unclear.

    The exact mechanisms that lead to conditions like CSF leaks and idiopathic intracranial hypertension are not fully understood, though there are many theories. Further research is vital to enhance diagnostic accuracy and effective treatments for CSF disorders.

    This is an updated version of an article originally published on Aug. 14, 2024.

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

    – ref. Billy Joel has excess fluid in his brain – a neurologist explains what happens when this protective liquid gets out of balance – https://theconversation.com/billy-joel-has-excess-fluid-in-his-brain-a-neurologist-explains-what-happens-when-this-protective-liquid-gets-out-of-balance-257689

    MIL OSI – Global Reports –

    May 29, 2025

  • MIL-OSI Russia: Financial News: Russian Economy and Financial System Remain Stable

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    The Russian economy has continued to grow over the past six months. The position of banks and other financial institutions remains stable, including due to the fact that the Bank of Russia tightened regulation in a timely manner.

    Most companies have enough profit to service their loans and will be able to comfortably ride out the period of economic slowdown and high rates.

    The measures of the Bank of Russia, as well as the budget rule, will help maintain macroeconomic stability and the sustainability of the financial system.

    Read more in the next Financial Stability Review.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 24645

    MIL OSI Russia News –

    May 29, 2025

  • MIL-OSI Russia: Financial News: Cryptocurrency-Linked Financial Instruments to Become Available to Qualified Investors

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    Financial institutions may offer qualified investors derivative financial instruments, securities and digital financial assets, the profitability of which is tied to the value of cryptocurrency. The key condition is that such instruments should not provide for the actual delivery of cryptocurrency.

    For credit institutions recommended conservatively assess the risks of such instruments: provide for their full coverage by capital, and also set a separate limit for them. During the year, the Bank of Russia plans to formalize a conservative approach to regulating the risks of credit institutions associated with changes in the value of cryptocurrencies.

    The Bank of Russia still does not recommend financial institutions and their clients to invest directly in cryptocurrencies. Proposals of the Bank of Russia on the launch of an experimental regime, where only certain categories of investors will be able to make transactions with cryptocurrencies, are being approved by the Government.

    Preview photo: Timofeev Vladimir / Shutterstock / Fotodom

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 24647

    MIL OSI Russia News –

    May 29, 2025

  • MIL-OSI Russia: Mikhail Mishustin visits the Metalloobrabotka 2025 exhibition at the Expocentre Fairgrounds

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    This year marks the 25th anniversary of the international exhibition.

    Mikhail Mishustin visited the exhibition “Metalworking – 2025”. With the Minister of Industry and Trade Anton Alikhanov and the Minister of Science and Higher Education Valery Falkov

    May 28, 2025

    Mikhail Mishustin visited the exhibition “Metalloobrabotka – 2025”. The stand of LASSARD LLC. General Director of LASSARD LLC Oleg Nefedov gives explanations

    May 28, 2025

    Mikhail Mishustin visited the exhibition “Metalloobrabotka – 2025”. The stand of LASSARD LLC. General Director of LASSARD LLC Oleg Nefedov gives explanations

    May 28, 2025

    Mikhail Mishustin visited the exhibition “Metalloobrabotka – 2025”. The stand of LASSARD LLC. General Director of LASSARD LLC Oleg Nefedov gives explanations

    May 28, 2025

    Previous news Next news

    Mikhail Mishustin visited the exhibition “Metalworking – 2025”. With the Minister of Industry and Trade Anton Alikhanov and the Minister of Science and Higher Education Valery Falkov

    The International Specialized Exhibition “Equipment, Devices and Tools for the Metalworking Industry” – “Metalloobrabotka” has been held since 1984 and is one of the largest international industry expositions in the machine tool industry. This year is the 25th anniversary international exhibition. The event will be attended by more than 1.2 thousand companies, including about 840 from 50 regions of Russia, as well as exhibitors from Belarus, China, India, Korea, Italy, Turkey and South Korea.

    The exhibition’s business program is focused on applied tasks and strategic issues of development of basic industries.

    The key focus of the business part is on the implementation of the national project “Production and Automation Tools” – its goals and key indicators, government support measures, as well as issues of technological leadership as a priority area of industrial policy, including issues of import independence, development of scientific and technical potential and training of highly qualified personnel.

    The event serves as a key platform for presenting advanced developments in the machine tool industry, and also contributes to the formation of sustainable production and technological chains. The exhibition is aimed at promoting industrial cooperation, strengthening ties between manufacturers, suppliers and consumers, implementing domestic solutions and expanding import-independent supplies of equipment and components.

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

    MIL OSI Russia News –

    May 29, 2025

  • MIL-OSI Africa: The African Development Bank approves an investment of US$100 million in Arise Integrated Industrial Platforms Limited.

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

    ABIDJAN, Ivory Coast, May 28, 2025/APO Group/ —

    The Board of Directors of the African Development Bank (www.AfDB.org) has approved an investment of $100 million in the industrial platform developer and operator Arise Integrated Industrial Platforms Ltd (Arise IIP) to contribute to funding industrial parks and special economic zones across Africa as a part of our industrialization strategic priority and flagship Special Agro-Industrial Processing Zones (SAPZ).

    The industrial platforms developed and operated by Arise IIP are primarily dedicated to supporting the transformation of key agricultural and industrial value chains in African countries that are leading global suppliers of raw commodities but have limited local processing capabilities. The platforms will provide developed industrial land, shared infrastructure and utilities, good export connectivity and simplified administrative procedures to agro-industrial tenants, allowing them to relocate global supply chains and value addition within African countries, while contributing to the reduction of carbon footprint of trade flows.

    Arise IIP seeks to replicate its successful industrial platform implementation experience in Gabon, Togo and Benin by establishing Special Economic Zones across other African countries with the aim of improving Africa’s export competitiveness and intra-Africa trade strategies.

    “There is economic and social value to be added to African-grown commodities like timber, cashew, cocoa and cotton when they are processed locally instead of being exported in raw form. Through programs like the African Development Bank’s Special Agro-Industrial Processing Zones and investments in Zones partner companies like Arise IIP, we enable transformative, private sector-led agro-industrialization that boosts local processing of commodities, creates jobs and grows rural economies,” said Dr. Beth Dunford, the African Development Bank’s Vice President for Agriculture, Human and Social Development.

    Based on Arise IIP’s existing portfolio in Gabon (Gabon Special Economic Zone – GSEZ), Benin (Glo Djigbe Industrial Zone – GDIZ) and Togo (Plateforme Industrielle d’Adetikope – PIA), it is estimated that over 400 companies have been on-boarded from 47 industry sectors, which has led to the creation of over 50,000 jobs. The dominant sectors include wood, glass, soya, cashew processing, cotton processing and textiles, ceramics, beverages, pharmaceuticals and meat processing. It is also estimated that over $7 billion has been mobilized by tenant companies within the existing zones.

    “This investment in ARISE IIP is a signal of the Bank’s commitment to scaling up industrialization in Africa in value chains where we are competitive. This is also a demonstration of the strategic partnership we have with African MFIs such as the Africa Finance Corporation (AFC) and the Fund for Export Development in Africa (FEDA), the Afreximbank’s equity impact investment arm, who are the principal equity investors in ARISE IIP. This is a good demonstration of our joint goals of making Africa’s capital work better for Africa’s development”, said Solomon Quaynor, African Development Bank’s Vice President for Private Sector, Infrastructure and Industrialization.

    Gagan Gupta, CEO of Arise IIP, remarked, “The African Development Bank’s investment highlights their confidence in our model as a driver of Africa’s industrial growth. We are excited to strengthen our efforts in transforming local value chains, creating jobs, and supporting sustainable economic development across the continent. The dedication, vision, and hard work of the entire Arise team have been instrumental in building this partnership.”

    MIL OSI Africa –

    May 29, 2025

  • MIL-OSI USA: Solar and wind power curtailments are increasing in California

    Source: US Energy Information Administration

    In-brief analysis

    May 28, 2025

    The California Independent System Operator (CAISO), the grid operator for most of the state, is increasingly curtailing solar- and wind-powered electricity generation as it balances supply and demand amidst rapid renewables capacity growth.

    Grid operators must balance supply and demand to maintain a stable electric system. The output of wind and solar generators is reduced either through price signals or, rarely, through an order to reduce output during periods of:

    • Congestion, when power lines don’t have enough capacity to deliver available energy
    • Oversupply, when generation exceeds customer electricity demand

    In 2024, CAISO curtailed 3.4 million megawatthours (MWh) of utility-scale wind and solar output, a 29% increase from the amount of electricity curtailed in 2023.

    Solar accounted for 93% of all the energy curtailed in CAISO in 2024. CAISO curtailed the most solar in the spring, when solar output was relatively high and electricity demand was relatively low, because moderate spring temperatures meant less demand for space heating or air conditioning.

    In 2014, a combined 9.7 gigawatts (GW) of wind and solar photovoltaic capacity had been built in California. By the end of 2024, that number had grown to 28.2 GW.

    CAISO also curtails solar generation to leave room for natural gas generation. A certain amount of natural gas generation must stay online throughout the day to comply with North American Electric Reliability Corporation (NERC) reliability standards and to have generation online in time to ramp up in the evening hours.

    Solar energy supplies almost half of CAISO’s electricity demand between the hours of 8:00 a.m. and 4:00 p.m., but demand increases in the later evening hours when people come home from work and turn up air conditioners or electric heaters and turn on lights, ovens, computers, and televisions. This need is especially apparent on hot summer evenings after the sun has set and no longer produces solar power overnight.

    CAISO is trying to reduce curtailments in several ways:

    • Trading with neighboring balancing authorities to try to sell excess solar and wind power
    • Incorporating battery storage into ancillary services, energy, and capacity markets
    • Including curtailment reduction in transmission planning

    In addition, starting this year, companies are planning to use excess renewable energy to make hydrogen, some of which will be stored and mixed with natural gas for summer generation at the Intermountain Power Project’s new facility scheduled to come online in July.

    The Western Energy Imbalance Market (WEIM) is a real-time market that allows participants outside of CAISO to buy and sell energy to balance demand and supply. In 2024, more than 274,000 MWh of curtailments were avoided by trading within the WEIM, equivalent to about 8% of the electricity curtailed that year. The Extended Day-Ahead Market (EDAM) is expected to be operational by May 2026 and will allow CAISO another outlet to sell solar energy.

    To further reduce renewable curtailments and increase the stability of the grid, CAISO is promoting the addition of flexible resources that can quickly respond to sudden increases and decreases in demand. Battery storage, recently the key flexible resource to come online, allows some renewable energy to be stored and used 4-8 hours later in the day. Batteries can charge using excess solar power at midday and then discharge that energy when the sun is going down, providing electricity during hours when it is most needed. Battery capacity in CAISO increased by 45% in 2024, from 8.0 GW in 2023 to 11.6 GW in 2024 according to our survey of recent and planned capacity changes. However, in the spring, more solar energy than can be used within a day is often produced. Without more transmission capacity or a long-term storage solution, high curtailments during this time of year can still occur.

    Principal contributor: Lori Aniti

    MIL OSI USA News –

    May 29, 2025

  • MIL-OSI China: Listed companies in China climb to 5,420

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

    A total of 5,420 companies were listed on the domestic stock market at the end of April 2025, according to the China Association for Public Companies.

    The Shanghai stock exchange had 2,284 listed companies at the end of April, Shenzhen had 2,871 and Beijing had 265.

    State-owned holding companies accounted for 27 percent of all listed firms, and non-state-owned holding companies for 73 percent.

    Three provinces — Guangdong, Zhejiang and Jiangsu — contributed 42.58 percent of the total number of companies listed on the Chinese stock market.

    In terms of market capitalization, there were 119 companies each with a market value exceeding 100 billion yuan (13.89 billion U.S. dollars), and 1,398 companies each with a market value ranging from 10 billion to 100 billion yuan.

    Ten companies made initial public offerings on the domestic stock market in April, raising a combined total of 8.27 billion yuan, while four companies were delisted.

    MIL OSI China News –

    May 29, 2025

  • MIL-OSI: FDCTech Engages E.F. Hutton to Lead Capital Raise and Advise on Uplisting to a Senior Exchange

    Source: GlobeNewswire (MIL-OSI)

    E.F. Hutton’s leadership has advised on over $750 million in private credit deals, reinforcing its commitment to strategic financing and diversified investment solutions.

    Irvine, CA, May 28, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced that it has engaged E.F. Hutton & Co. LLC (“E.F. Hutton”) as its financial advisor. E.F. Hutton will provide general financial advisory services to FDCTech, including assistance in identifying and evaluating financing opportunities and potential strategic transactions. The engagement letter with E.F. Hutton became effective as of May 23, 2025.

    E.F. Hutton, a brokerage firm under the leadership of Chief Executive Officer Joseph T. Rallo, has advised on over $750 million in private credit transactions across sectors including consumer, defense, industrials, healthcare, real estate, and technology. The firm’s global expertise in complex financial transactions and strategic capital solutions will help FDCTech pursue its growth and capital raise initiatives.

    Since December 2021, FDCTech has been rapidly growing its revenue and balance sheet, reflecting the success of its expansion and integration strategy. In February 2025, the Company engaged Lucosky Brookman LLP, a nationally recognized corporate and securities law firm, to assist in exploring an uplisting to a senior national securities exchange, such as the Nasdaq Capital Market or the New York Stock Exchange. Today’s announcement of E.F. Hutton’s engagement is another crucial step in the Company’s plan to pursue an uplisting and access broader capital markets.

    By leveraging E.F. Hutton’s extensive global network and deep industry relationships, FDCTech aims to accelerate its growth trajectory in 2025 and beyond, in line with its mission to become a leader in diversified financial services driven by its proprietary technology infrastructure. The Company intends to capitalize on E.F. Hutton’s advisory and capital markets expertise to support its multi-jurisdictional growth strategy and maximize long-term shareholder value.

    For more information on the Company’s results and strategic plans, please visit our SEC filings or the Company’s website.

    E.F. Hutton

    E.F. Hutton & Co. is a broker-dealer headquartered in New York, NY that provides advisory and financing solutions to a variety of clients including corporates, sponsors, and public-private partnerships. The Executive Team at E.F. Hutton & Co. has a proven track record of providing unwavering strategic advice to clients across the globe, including the US, Asia, Europe, UAE, and Latin America.

    Lucosky Brookman LLP

    Lucosky Brookman LLP is a full-service corporate and securities law firm providing sophisticated legal representation to public and private companies, institutional investors, and entrepreneurs. The firm specializes in capital markets, mergers and acquisitions, regulatory compliance, and corporate governance. With extensive experience in securities law and exchange listings, Lucosky Brookman assists companies in navigating complex financial transactions and regulatory frameworks.

    FDCTech, Inc.

    FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages and prop and algo trading firms of all sizes in forex, stocks, commodities, indices, ETFs, precious metals, and other asset classes. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.

    Press Release Disclaimer

    This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

    Contact Media Relations

    FDCTech, Inc.
    info@fdctech.com
    www.fdctech.com
    +1 877-445-6047
    200 Spectrum Center Drive, Suite 300,
    Irvine, CA, 92618

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Plymouth Rock Home Assurance Corporation Names Colleen Finn as Chief Marketing Officer

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 28, 2025 (GLOBE NEWSWIRE) — Plymouth Rock Home Assurance Corporation today announced that Colleen Finn has been appointed as Chief Marketing Officer, effective immediately. In this role, Finn will be responsible for the marketing and distribution strategy for Plymouth Rock’s Home company across all six states in which it does business.

    “Colleen has embraced rapid invention and disciplined execution of Plymouth Rock’s innovative approach to home insurance,” said Bill Martin, President and CEO, Plymouth Rock Home Assurance Corporation. “It is a rare and highly sought after honor to be made an officer at Plymouth Rock but rarely is there so obvious a fit for the role as Colleen. We look forward to seeing how she will apply her highly motivated creativity to our marketing team.” 

    As CMO, Finn brings over a decade of property and casualty insurance expertise to lead all aspects of marketing for Plymouth Rock’s Home Insurance Group. She will be responsible for building and executing growth strategies to help Plymouth Rock continue to build on its success as a leading provider of property insurance across the Northeast. Finn’s responsibilities include distribution through direct-to-consumer and strategic partnership channels, as well as through the independent agency channel in partnership with Plymouth Rock’s Independent Agency Group.

    “The insurance industry landscape continues to change and evolve, which presents unique opportunities for growth,” said Finn. “Plymouth Rock has a 40-year history of finding innovative ways to deliver the kinds of products and services that our customers and agency partners are looking for. I’m excited for the opportunity our marketing team has to build on Plymouth Rock’s forward-thinking approach to home insurance.”

    Prior to her appointment as CMO, Finn served as Managing Director of Product Management at Plymouth Rock Home Assurance Corporation, where she led a dedicated team focused on profitable growth for the various home insurance products. Before joining Plymouth Rock, Finn spent nine years at Liberty Mutual where she led distribution analytics and product management teams, and was instrumental in driving strategic initiatives, leveraging analytics, and achieving measurable results.

    Finn did her undergraduate work at Keene State College in New Hampshire. She currently lives in Stratham, New Hampshire with her husband and three children.

    About Plymouth Rock
    Plymouth Rock was established to offer its customers a higher level of service and a more innovative set of products and features than they would expect from an insurance company. Plymouth Rock’s innovative approach puts customers’ convenience and satisfaction first, giving them the choice to do business the way they want—online, with a mobile app, by phone, or by contacting their Plymouth Rock agent. Customers can chat, text, or email to get answers quickly and easily. Plymouth Rock Assurance® and Plymouth Rock® are brand names and service marks used by separate underwriting, managed insurance, and management companies that offer property and casualty insurance in multiple states. Taken together, the companies write and manage more than $2.3 billion in auto and home insurance premiums across Connecticut, Massachusetts, New Hampshire, New Jersey, New York, and Pennsylvania.

    Each underwriting and managed insurance company is a separate legal entity that is financially responsible only for its own insurance products. You can learn more about us by visiting plymouthrock.com.

    Contacts
    Media Relations
    617-428-1949
    mediarelations@plymouthrock.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/90ffcbed-eade-4058-8fa8-ffda55cb10ae

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Primech A&P Secures New Contracts and Extensions Worth Over $2.6 Million for Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced several newly secured contracts and extensions for the first quarter of 2025, with a total value exceeding $2.59 million.

    The latest contract wins and extensions include:

    • Secured a 2-year contract (January 2025 to December 2026) valued at $774,470 for public area cleaning and housekeeping services at a prominent international hotel chain in Singapore’s prime Orchard Road shopping district.
       
    • Secured a 2-year contract (April 2025 to March 2027) valued at $676,150 for comprehensive cleaning services at a premium residential condominium development.
       
    • Secured a 6-month extension (January through June 2025) valued at $563,620 for specialized cleaning services at a popular themed food destination within a major tourist attraction in Singapore.
       
    • Secured a 1-year contract (May 2025 to April 2026) valued at $257,540 for cleaning services at an upscale residential condominium development in Singapore.
       
    • Secured a 4-month extension (January through April 2025) valued at $168,150 for public area cleaning services at a prestigious international hotel in Singapore’s Central Business District.
       
    • Secured a 1-year contract (January 2025 to January 2026) valued at $148,230 for cleaning services at a mid-sized residential condominium, expanding Primech’s residential service portfolio.

    Mr. Khazid Omar, Chief Operating Officer of Primech A & P, commented, “We are delighted to announce these significant new contract wins and extensions across multiple sectors. These agreements underscore our clients’ confidence in our service quality and reflect our focus on expanding our presence in the premium residential and hospitality markets. As we continue integrating advanced technologies into our operations, we remain committed to delivering exceptional facility services tailored to each client’s unique requirements. These contracts provide a strong foundation for our growth trajectory in 2025 and beyond.”

    About Primech Holdings Limited

    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.    

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:

    Email: ir@primech.com.sg

    Investor Relations Contact:        

    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Helport AI to Participate in the Baird Global Consumer, Technology & Services Conference on June 3-5, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE and SAN DIEGO, May 28, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, today announced that Amy Fong, President & Interim Chief Financial Officer, will participate in the Baird Global Consumer, Technology & Services Conference taking place at the InterContinental New York Barclay Hotel on June 3-5, 2025.

    Baird’s Global Consumer, Technology & Services Conference is a renowned event among consumer, technology & services sector players. This invite-only conference brings together institutional and private equity investors with senior management from approximately 250 public and privately held companies for idea sharing, presentations and networking.

    In addition to participating in 1×1 meetings with investors throughout the conference, Ms. Fong will take part in Baird’s Business Process Outsourcing (“BPO”) Dinner on Monday, June 2, 2025.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is a global technology company serving enterprise clients with intelligent customer communication software and services. Its flagship product, AI Assist, acts as a real-time co-pilot for customer contact teams, delivering smart guidance and tools designed to drive sales, improve customer engagement, and lower costs. The Company’s mission is to empower everyone to work as an expert—using AI to elevate, not replace, human capability. Learn more at www.helport.ai.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking, including, but not limited to, Helport AI’s business strategies, expansion plans, and anticipated results. These statements involve risks and uncertainties based on current expectations and projections. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

    Media Contact
    Helport AI Investor Relations
    Email: ir@helport.ai
    Website: https://ir.helport.ai/

    External Investor Relations Contact
    Chris Tyson
    Executive Vice President, MZ North America
    Direct: +1 949-491-8235
    Email: HPAI@mzgroup.us
    Website: www.mzgroup.us

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Orange Bank Appoints Stephanie Melowsky to Lead Legal Services Division, Overseen by Industry Veteran Joseph Ruhl

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, N.Y., May 28, 2025 (GLOBE NEWSWIRE) — Orange Bank & Trust Co., the market-leading financial institution dedicated to serving the legal services industry and an economic engine of New York’s Hudson Valley for more than 133 years, today announced the appointment of Stephanie Melowsky, Esq. as the leader of its Legal Services Industry Specialty.

    Stephanie is an attorney who has worked in the banking industry for more than 20 years. She will work closely with Joseph Ruhl, Esq. who has been with the Bank for more than 10 years and is a highly regarded expert on Interest on Lawyer Account (IOLA) and attorney escrow accounts.

    This strategic move further solidifies Orange Bank’s commitment to providing unparalleled financial expertise and tailored banking solutions to attorneys and law firms throughout Orange, Rockland, Westchester and the Bronx. Stephanie’s leadership, experience, and local network, combined with Joe’s deep understanding of the legal profession and its unique financial requirements, will be crucial in further developing the Bank’s specialized suite of products and services designed specifically for attorneys, including tailored lending options, trust account management, and practice management solutions.

    “Orange Bank has long been recognized as a trusted partner and advisor in the lawyer banking sector, regularly hosting and providing CLE classes on topics such as ethical considerations concerning escrow accounts and protecting lawyers against cyber-based fraud on their bank accounts,” said Michael Gilfeather, President and CEO, Orange Bank & Trust Company. “Stephanie’s appointment represents an exciting new chapter for the Bank’s Legal Services Industry Specialty. With her leadership and Joe’s industry knowledge, we are even better positioned to serve and anticipate the evolving needs of our attorney and law firm clients.”

    Joe, a valued member of the Orange Bank team and a former practicing attorney, brings a unique perspective to lawyer and law firm banking needs. Prior to joining Orange Bank & Trust in 2015, Joe was the head of the legal services division at Hudson Valley Bank. His extensive knowledge of IOLA regulations and attorney escrow accounts has made him a frequent lecturer on attorney banking issues and a thought leader within the legal community. In collaboration with Stephanie, Joe will provide invaluable guidance and ensure Orange Bank’s offerings continue to meet the highest ethical and practical standards of the legal profession.

    Orange Bank’s dedicated focus and unique product offerings have established it as the “go-to” financial partner for attorneys seeking specialized financial guidance. The Bank’s commitment extends beyond traditional banking services, offering valuable insights and resources to support the financial well-being and success of legal professionals.

    Stephanie said, “I am thrilled to join Orange Bank and continue to grow the Legal Services Industry Specialty. The Bank’s stellar reputation and commitment to serving attorneys is truly impressive, and I look forward to working alongside Joe and the team to build upon this strong foundation and deliver even greater value to our clients.”

    “Stephanie’s expertise is a tremendous asset to our Legal Services Industry Specialty, and I am confident that together we will provide the exceptional service and specialized knowledge that our attorney clients have come to expect,” said Joe.

    About Orange Bank & Trust Company
    Orange Bank & Trust Company is the Hudson Valley’s premier financial institution focusing on commercial lending, business banking, payment processing and wealth management services. For more than 133 years, Orange Bank & Trust Company has been an economic engine of the community, with more than $2.5 billion in assets and playing a vital role in increasing opportunities for local businesses, creating jobs for generations of residents, spurring region-defining developments, and maximizing investments to neighborhood-serving non-profits. The Bank is regularly recognized as one of New York’s top places to work.

    Contact Info: Candice Varetoni, AVP Marketing Officer,
    Cvaretoni@orangebanktrust.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Signing Day Sports Progresses Transaction and Executes Definitive Agreement with BlockchAIn Digital Infrastructure, a Profitable Data Hosting Company

    Source: GlobeNewswire (MIL-OSI)

    Proposed business combination will create a public company engaged in Crypto Mining, Artificial Intelligence (“AI”), and High-Performance Computing (“HPC”) Data Hosting Markets

    BlockchAIn Digital Infrastructure Generated Audited Revenue of $26.8 million and Net Income of $5.7 million in 2024

    Includes an Earnout if BlockchAIn Digital Infrastructure achieves or exceeds EBITDA of $25 million for 2026

    Transaction to be completed at a significant premium to SGN’s current stock price

    SCOTTSDALE, AZ, May 28, 2025 (GLOBE NEWSWIRE) — Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today announced the signing of a definitive business combination agreement (“Business Combination Agreement” or “BCA”) to acquire 100% of the issued and outstanding membership interest of One Blockchain LLC (“One Blockchain”) (the operating affiliate company of BlockchAIn Digital Infrastructure) (One Blockchain and BlockchAIn Digital Infrastructure collectively, “blockchAIn Digital Infrastructure” or “blockchAIn DI”) which will operate a crypto mining, AI and HPC data hosting company with plans for 200MW in total power capacity from facilities in South Carolina and Texas. The proposed transaction was previously announced on April 14, 2025 following the signing of a non-binding letter of intent.

    The transaction will be effected through a holding company structure, whereby Signing Day Sports and One Blockchain will become subsidiaries of BlockchAIn Digital Infrastructure, Inc. (“PubCo”). The transaction between One Blockchain and Signing Day Sports is expected to result in the combined company being traded on the NYSE American. Signing Day Sports will not be required to make any cash payment to One Blockchain or its securityholders in connection with the transaction. One Blockchain will continue to operate under blockchAIn DI’s management team led by Chairman and CEO Jerry Tang.

    In 2024, blockchAIn Digital Infrastructure generated audited revenue of approximately $26.8 million and net income of approximately $5.7 million.

    The market for digital infrastructure—including crypto mining, HPC, and AI-related computing—is evolving rapidly as demand for energy-efficient processing power continues to grow. Amid increasing sustainability standards and renewed emphasis on domestic infrastructure, blockchAIn Digital Infrastructure is positioned to pursue opportunities across a wide range of compute-intensive applications.

    blockchAIn Digital Infrastructure’s current operations include a 40 MW crypto mining hosting facility in South Carolina with expansion capability to 50 MW for third-party crypto miners in South Carolina, subject to utility approval. blockchAIn Digital Infrastructure anticipates transitioning to internally owning and mining crypto currency at their South Carolina facility in late 2025 or early 2026, to facilitate revenue and earnings growth. blockchAIn Digital Infrastructure is also in the process of commissioning a new 150MW crypto mining, AI and HPC data hosting facility in Texas with favorable economics with 34.5kV of interconnectivity to the grid for activation in late 2026. The Texas facility can be modularly built providing flexibility for crypto mining and/or AI and HPC data hosting activities. It is currently anticipated that the first 100MW will be initially focused on internally owned crypto mining operations and the remaining 50MW of capacity used for AI and HPC data hosting. This capital efficient and flexible modular business model will provide blockchAIn DI with optionality to pursue different revenue mixes as the crypto mining, AI and HPC markets continue to develop.

    Signing Day Sports views the proposed transaction as a compelling opportunity to enhance its platform by combining with a technology-driven business with strong fundamentals and scalable infrastructure.

    Danny Nelson, Chief Executive Officer of Signing Day Sports, stated, “This transaction marks an exciting new chapter for Signing Day Sports, which we are confident has potential to bring substantial value to the stakeholders of both parties. blockchAIn DI’s scalable, cash-flowing bitcoin mining and AI data center platform positions the combined company to capitalize on the fast-growing HPC hosting market. With a 40 MW mining site in South Carolina with 10 MW expansion capacity and the significant upside potential resulting from the planned commissioning of a new facility in Texas, blockchAIn Digital Infrastructure is strategically positioned to meet the growing HPC workload demands, and we could not be more thrilled to deliver this unique growth opportunity to our shareholders.”

    Jerry Tang, Chief Executive Officer of One Blockchain, added, “We are excited about the proposed transaction between blockchAIn Digital Infrastructure and Signing Day Sports, and the significant potential for value creation for both parties. In only a few short years since our inception, blockchAIn Digital Infrastructure has experienced rapid growth scaling to approximately $26.8 million in revenue and approximately $5.7 million in net income in 2024. Supported by our cash flow generation, we are positioned to become a leader in providing and operating sustainable, blockchain computing infrastructure and progress our significant growth goals forward. In the near term, blockchAIn Digital Infrastructure will look to bring bitcoin mining in-house, expand our South Carolina facility to 50MW, and build out our proposed 150MW facility in Texas to support the large demand for hosting services driven by various AI and mining applications. The business combination with Signing Day Sports will enable us to accelerate our robust growth in the public markets, and we look forward to executing on our business plan to drive value for all shareholders.”

    Terms of the Transaction

    The business combination will be effectuated through a holding company structure, whereby Signing Day Sports and One Blockchain will become subsidiaries of PubCo through merger transactions. Under the BCA, the consideration to be paid at closing to the securityholders of One Blockchain will be comprised of PubCo common shares with a value of approximately $215.0 million, subject to an exchange ratio and other certain adjustments, at an implied diluted value per share for PubCo of $5.12 (including adjustment as applicable for exchange listing purposes). Upon the closing of the business combination, the stock held by the stockholders of Signing Day Sports immediately before the closing of the transaction will be converted into the right to receive approximately 8.5% of the outstanding common stock of the combined company, and the equity securities of One Blockchain held by One Blockchain’s equity securityholders immediately before the closing of the transaction will be converted into the right to receive approximately 91.5% of the outstanding common shares of the combined company before fees and commissions to third parties. The board of directors of PubCo post-transaction will be comprised of no less than five (5) and no greater than seven (7) directors. At least one director will be designated by Signing Day Sports, and One Blockchain will designate the remaining directors.

    The BCA also includes an earnout, in which additional PubCo shares equaling 11.628% of the total number of shares of PubCo issued to One Blockchain’s securityholders at closing will be issued to such former One Blockchain securityholders (the “Earnout Shares”). The Earnout Shares will be issued if PubCo achieves or exceeds net income plus interest, taxes, depreciation and amortization (“EBITDA”) of $25 million for the fiscal year ending December 31, 2026.

    The boards of both companies have unanimously approved the signing of the BCA. The proposed transaction is expected to close late in the second half of 2025, subject to satisfying certain customary closing conditions, including the receipt of approvals from Signing Day Sports’ shareholders and the listing of PubCo registered common shares on the NYSE American.

    The Business Combination Agreement contains customary representations, warranties and covenants made by Signing Day Sports and One Blockchain, including covenants that both parties use their commercially reasonably efforts to cause the transactions contemplated by the agreement to be completed, regarding obtaining the requisite approval of Signing Day Sports’ shareholders, regarding indemnification of directors and officers, and regarding Signing Day Sports’ and One Blockchain’s conduct of their respective businesses between the date of signing of the BCA and the closing. The BCA also contains certain termination rights for both Signing Day Sports and One Blockchain.

    The Signing Day Sports board of directors has recommended to Signing Day Sports shareholders that they vote to approve the BCA and the transaction. Signing Day Sports also received a fairness opinion in connection with the transaction.

    A more complete description of the terms of and conditions of the proposed transaction and related matters will be included in a current report on Form 8-K to be filed by Signing Day Sports with the U.S. Securities and Exchange Commission (“SEC”). A copy of the BCA will be attached as an exhibit to Form 8-K. All parties desiring details regarding the terms and conditions of the proposed transaction are urged to review that Form 8-K, and the exhibits attached thereto, which will be available on the SEC’s website found at www.sec.gov.

    Advisors

    Advisors to the transaction include Maxim Group LLC, which is serving as exclusive financial advisor to blockchAIn Digital Infrastructure. Loeb & Loeb LLP is serving as counsel to blockchAIn Digital Infrastructure. Bevilacqua PLLC is serving as counsel to Signing Day Sports.

    Signing Day Sports

    Signing Day Sports’ mission is to help student-athletes achieve their goal of playing college sports. Signing Day Sports’ app allows student-athletes to build their Signing Day Sports’ recruitment profile, which includes information college coaches need to evaluate and verify them through video technology.  For more information on Signing Day Sports, go to https://bit.ly/SigningDaySports.

    Additional Information and Where to Find It

    In connection with the proposed business combination, PubCo plans to file or cause to be filed relevant materials with the SEC, including a registration statement on Form S-4 (the “Registration Statement”) that will contain a proxy statement of Signing Day Sports and a prospectus for registration of shares of PubCo. The Registration Statement has not been filed with or declared effective by the SEC. Following and subject to the Registration Statement being declared effective by the SEC, its definitive proxy statement/prospectus would be mailed or otherwise disseminated to Signing Day Sports stockholders. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND SECURITY HOLDERS OF SIGNING DAY SPORTS ARE URGED TO READ THESE MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ONE BLOCKCHAIN, SIGNING DAY SPORTS, THE PROPOSED BUSINESS COMBINATION, AND RELATED MATTERS. The proxy statement/prospectus and other relevant materials (when they become available), and any other documents filed by PubCo and Signing Day Sports with the SEC, may be obtained free of charge at the SEC website at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Signing Day Sports by directing a written request to: Signing Day Sports, Inc., 8355 East Hartford Rd., Suite 100, Scottsdale, AZ 85255. Investors and security holders are urged to read the proxy statement/prospectus and the other relevant materials when they become available before making any voting or investment decision with respect to the proposed business combination.

    Participants in the Solicitation

    Signing Day Sports, and its directors, executive officers and certain other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from the shareholders of Signing Day Sports with respect to the proposed business combination and related matters. Information about the directors and executive officers of Signing Day Sports, including their ownership of shares of Signing Day Sports common stock, is included in Signing Day Sports’ Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on April 11, 2025, and Signing Day Sports’ Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which was filed with the SEC on May 15, 2025. Additional information regarding the persons or entities who may be deemed participants in the solicitation of proxies from Signing Day Sports shareholders, including a description of their interests in the proposed business combination by security holdings or otherwise, will be included in the proxy statement/prospectus and other relevant documents to be filed with the SEC when they become available. The managers and officers of One Blockchain do not currently hold any interests, by security holdings or otherwise, in Signing Day Sports.

    No Offer or Solicitation

    This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction. No offering of securities in connection with the proposed business combination shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, including without limitation, the parties’ ability to enter into definitive agreements and complete the transaction, the parties’ ability to integrate their respective businesses into a combined publicly listed company post-merger, the ability of the parties to obtain all necessary consents and approvals in connection with the transaction, obtain NYSE American clearance of a listing application in connection with the transaction, the parties’ ability to obtain their respective equity securityholders’ approval, obtain sufficient funding to maintain operations and develop additional services and offerings, market acceptance of the parties’ current products and services and planned offerings, competition from existing or new offerings that may emerge, impacts from strategic changes to the parties’ business on net sales, revenues, income from continuing operations, or other results of operations, the parties’ ability to attract new users and customers, the parties’ ability to retain or obtain intellectual property rights, the parties’ ability to adequately support future growth, the parties’ ability to comply with user data privacy laws and other current or anticipated legal requirements, and the parties’ ability to attract and retain key personnel to manage their business effectively. These risks, uncertainties and other factors are expected to be further described in a proxy statement/prospectus to be filed with the Securities and Exchange Commission relating to this transaction. See also the section titled “Risk Factors” in the Company’s periodic reports which are filed with the Securities and Exchange Commission. These risks, uncertainties and other factors are, in some cases, beyond the parties’ control and could materially affect results. If one or more of these risks, uncertainties or other factors become applicable, or if these underlying assumptions prove to be incorrect, actual events or results may vary significantly from those implied or projected by the forward-looking statements. No forward-looking statement is a guarantee of future performance. All subsequent written and oral forward-looking statements concerning Signing Day Sports, One Blockchain, or any of their affiliates, or other matters and attributable to Signing Day Sports, One Blockchain, any of their affiliates, or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

    Investor Contacts:
    Crescendo Communications, LLC
    212-671-1020
    SGN@crescendo-ir.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: TruGolf Links Celebrates 1-Year Anniversary at New York International Franchise Expo

    Source: GlobeNewswire (MIL-OSI)

    Over 160 units in Development

    Salt Lake City, Utah, May 28, 2025 (GLOBE NEWSWIRE) — TruGolf Links Franchising, LLC, (“TruGolf”), wholly owned by TruGolf Holdings, Inc. (Nasdaq: TRUG), the leading provider of golf simulator software and hardware, announced today it will be exhibiting at the New York International Franchise Expo in New York City on May 29, 2025 at booth 409. The booth will feature a live TruGolf simulator, running our latest APEX software, and LaunchBox hardware hosting a Closest to the Pin contest with IFE attendees.

    Since beginning operations one year ago, TruGolf Links Franchising has signed agreements to bring over 160 units to market in Illinois, New Jersey, Tennessee, and New York. TruGolf expects the first franchise locations will open their doors in the coming months.

    On hand at the TruGolf booth will be members of its Presidents Circle of Franchisees, including Nick Reimondo, Regional Developer for Central New Jersey. Nick aims to bring the concept to the East Coast, fueling the indoor golf simulator scene with the most modernized technology.

    Bob Earley, franchisee from Chicago, is excited to bring TruGolf Links’ unique technology to his market for people of all skill levels and experience.

    Gio Dinsay, representing Long Island, NY, is eager to align performance, recreation, and rehabilitation in a powerful way with TruGolf Links.

    If you are interested in learning more about TruGolf Links Franchise, please come to the show and visit with us at our booth.

    For more information about TruGolf Links, visit www.trugolflinks.com or contact Andrew Johnson, Vice President of Franchising, at andrewj@trugolflinks.com. Connect on the brand’s social pages by visiting https://www.linkedin.com/company/trugolflinks and/or https://www.facebook.com/trugolflinks/.

    About TruGolf, Inc.

    Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award- winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

    About TruGolf Links Franchising

    While the company offers individual franchises, the focus of its expansion efforts is with Regional Developers who acquire a territory of 1M or more in population, open a flagship location within that territory, then develop the territory with additional units they own or with independent franchisees. Regional Developers are compensated for attracting franchisees and providing support locally to all TruGolf Links locations within their territory. For more information about TruGolf Links franchise program, visit: www.trugolflinks.com/franchising.

    CONTACTS: Brenner Adams
                          b@trugolf.com
                          (801) 298-1997
                          trugolflinks.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Form 8.3 – [Craneware]

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Danske Bank A/S
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Craneware PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 27 May 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: Equity
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 537 041,00 1,52    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 537 041,00 1,52    

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    Equity Sale          1000
               		 20.4546 GBP

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    None

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

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

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 28 May 2025
    Contact name: Kotryna Cinciuke
    Telephone number*: +37060405825

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

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

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

    May 29, 2025

  • MIL-OSI Banking: Joint Statement of The Association of Southeast Asian Nations (ASEAN), The Cooperation Council for the Arab States of the Gulf (GCC), and The People’s Republic of China (ASEAN-GCC-China Summit)

    Source: ASEAN – Association of SouthEast Asian Nations

    WE, the Member States of the Association of Southeast Asian Nations (ASEAN), the Cooperation Council for the Arab States of the Gulf (GCC), and the People’s Republic of China, gathered on the occasion of the ASEAN-GCC-China Summit on 27 May 2025, in Kuala Lumpur, Malaysia;
     
    ACKNOWLEDGING the long-lasting and deeply-rooted historical and civilisational linkage and economic ties among ASEAN, GCC, and China;
     
    Download the full statement here.
    The post Joint Statement of The Association of Southeast Asian Nations (ASEAN), The Cooperation Council for the Arab States of the Gulf (GCC), and The People’s Republic of China (ASEAN-GCC-China Summit) appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    May 29, 2025

  • MIL-OSI: Eos Energy Secures Strategic Order for Faraday Microgrid’s Project in California

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., May 28, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced it has secured an order with Faraday Microgrids to deploy a 3 MW / 15 MWh Eos Z3™ system for a commercial microgrid application on tribal land in California.

    Funded partially by the California Energy Commission (CEC), the project will support the development of a renewable energy microgrid featuring a highly flexible long duration energy storage system, designed to bolster resilience for the tribe’s facilities, provide critical backup power, and deliver demand savings and utility ancillary services.

    “This strategic project further demonstrates the performance and reliability of our Z3 systems in real world applications,” said Nathan Kroeker, Eos Chief Commercial Officer and Interim Chief Financial Officer. “As a repeat order through our established partners at Faraday and the CEC, this deployment serves as a testament to the strength of our commercial relationships and reinforces our mission to deliver resilient, reliable and domestically manufactured energy solutions.”

    The project highlights Eos’ continued momentum in California’s growing energy market and its role in supporting American energy independence. Along with its Z3 systems, Eos will also provide integration services to ensure seamless deployment and operation.

    “It is our great pleasure to once again partner with Eos to deploy their cutting-edge zinc-bromide energy storage technology in one of the largest renewable energy microgrids in the Western United States,” said Faraday Chief Executive Officer, David Bliss. “This will support a Native American community and contribute to bulk grid-edge power stability and availability – demonstrating the ability of distributed energy resources to support the safety and growth of vibrant communities in California and across North America.”

    This is Eos’ eighth project in partnership with the CEC, and second with Faraday Microgrids, highlighting the Company’s growing presence in this critical market and the state’s commitment to advancing Made-in-USA energy storage applications.

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    About Faraday Microgrids

    Faraday Microgrids is the trusted guide for hospitals, industrial facilities, and institutions seeking energy independence. We design, build, and operate turnkey microgrid systems that cut energy costs, boost reliability, and support sustainability—without the complexity. From financing to installation and long-term support, Faraday delivers custom energy systems that keep critical operations running, no matter what.

    Contacts        
    Investors: ir@eose.com
    Media: media@eose.com

    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, for the fiscal years December 31, 2025, our path to profitability and strategic outlook, statements regarding orders backlog and opportunity pipeline, statements regarding our expectation that we can continue to increase product volume on our state-of-the-art manufacturing line, statements regarding our future expansion and its impact on our ability to scale up operations, statements regarding our expectation that we can continue to strengthen our overall supply chain, statements regarding our expectation that our new comprehensive insurance program will provide increased operational and economic certainty, statements that refer to the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and the information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; the timing and availability of future funding under the Department of Energy Loan Facility; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network –

    May 29, 2025

  • MIL-OSI Economics: Governor Ulrik Nødgaard: The cyberthreat has changed

    Source: Danmarks Nationalbank

    The financial sector plays a central role in society, and advanced cyberattacks against a financial company or a payment system can potentially threaten financial stability. Companies in the financial sector have therefore worked targeted over the years to increase cyberresilience, both individually and at the sector level.

    The geopolitical tensions continuously affect the cyberthreat, which is not only limited to digital attacks. Recently, there has been an increased focus on attacks using hybrid means. This can include, for example, influence campaigns, harassment, sabotage or destructive cyberattacks. There have been several incidents of undersea cable breaches, highlighting that the threat is real and serious.

    ”Strengthening cyberresilience is not only about making IT systems difficult to penetrate. It is also important to have a broad perspective on our dependencies and vulnerabilities, when it comes to, for example, telecommunication cables or central service providers,” said Ulrik Nødgaard and continued:

    ”Furthermore, a key focus area for strengthening cyberresilience is the financial sector’s work on contingency planning that aim to enhance individual companies’ ability to continue business even in extreme but plausible scenarios, such as a large-scale destructive cyberattack.”

    Contingency planning is also a focus area in Danmarks Nationalbank’s work. This applies both in the oversight of central payment systems and solutions, and in the work with joint initiatives across the financial sector to secure the most critical activities for society. One example is the work to establish a society-wide contingency plan for card payments in Denmark, which aims to secure access to a basic consumption for at least one week.

    In conclusion, Ulrik Nødgaard emphasized that a lot of good work is already being done, and the financial sector is moving in the right direction. At the same time, he mentioned that there is more work ahead.

    MIL OSI Economics –

    May 29, 2025

  • MIL-OSI Video: Chief Economists Outlook May 2025

    Source: World Economic Forum (video statements)

    The World Economic Forum’s Saadia Zahidi sat down with three experts for a briefing on the latest Chief Economists Outlook. ABN Amro Chief Economist Sandra Philippen, Zurich Insurance Chief Market Strategist & Economist Guy Miller, and ICBC Standard Bank Chief China Economist Jinny Yan offered their perspectives on a relatively downbeat outlook, and where we go from here.  

     

    Watch the session here: https://www.weforum.org/stories/2025/05/the-briefing-room-chief-economists-outlook-may-2025/

    Links:

    Chief Economists Outlook May 2025: https://www.weforum.org/publications/chief-economists-outlook-may-2025/

    Related podcasts:

    The global economy ‘at a crossroads’ ahead of Davos: Chief Economists Outlook (https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-ralph-ossa-wto/)

    Slow growth and the cost of debt: the World Bank’s Chief Economist on the global outlook (https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-world-bank-indermit-gill/)

    How leaders can prepare teams for the future of work: ADP’s Chief Economist (https://www.weforum.org/podcasts/meet-the-leader/episodes/jobs-tasks-future-of-work-adp-chief-economist/)

    Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : 

    YouTube: https://www.youtube.com/@wef

    Radio Davos (https://www.weforum.org/podcasts/radio-davos) – subscribe (https://pod.link/1504682164) : https://pod.link/1504682164

    Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) – subscribe (https://pod.link/1534915560) : https://pod.link/1534915560

    Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) – subscribe (https://pod.link/1574956552) : https://pod.link/1574956552

    Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub
     

    https://www.youtube.com/watch?v=KevE63VaSwc

    MIL OSI Video –

    May 29, 2025

  • MIL-OSI Global: Chronic stress contributes to cognitive decline and dementia risk – 2 healthy-aging experts explain what you can do about it

    Source: The Conversation – USA – By Jennifer E. Graham-Engeland, Professor of Biobehavioral Health, Penn State

    Social isolation is often stressful and can affect the aging brain. MixMedia/E+ via Getty Images

    The probability of any American having dementia in their lifetime may be far greater than previously thought. For instance, a 2025 study that tracked a large sample of American adults across more than three decades found that their average likelihood of developing dementia between ages 55 to 95 was 42%, and that figure was even higher among women, Black adults and those with genetic risk.

    Now, a great deal of attention is being paid to how to stave off cognitive decline in the aging American population. But what is often missing from this conversation is the role that chronic stress can play in how well people age from a cognitive standpoint, as well as everybody’s risk for dementia.

    We are professors at Penn State in the Center for Healthy Aging, with expertise in health psychology and neuropsychology. We study the pathways by which chronic psychological stress influences the risk of dementia and how it influences the ability to stay healthy as people age.

    Recent research shows that Americans who are currently middle-aged or older report experiencing more frequent stressful events than previous generations. A key driver behind this increase appears to be rising economic and job insecurity, especially in the wake of the 2007-2009 Great Recession and ongoing shifts in the labor market. Many people stay in the workforce longer due to financial necessity, as Americans are living longer and face greater challenges covering basic expenses in later life.

    Therefore, it may be more important than ever to understand the pathways by which stress influences cognitive aging.

    Social isolation and stress

    Although everyone experiences some stress in daily life, some people experience stress that is more intense, persistent or prolonged. It is this relatively chronic stress that is most consistently linked with poorer health.

    In a recent review paper, our team summarized how chronic stress is a hidden but powerful factor underlying cognitive aging, or the speed at which your cognitive performance slows down with age.

    It is hard to overstate the impact of stress on your cognitive health as you age. This is in part because your psychological, behavioral and biological responses to everyday stressful events are closely intertwined, and each can amplify and interact with the other.

    For instance, living alone can be stressful – particularly for older adults – and being isolated makes it more difficult to live a healthy lifestyle, as well as to detect and get help for signs of cognitive decline.

    Moreover, stressful experiences – and your reactions to them – can make it harder to sleep well and to engage in other healthy behaviors, like getting enough exercise and maintaining a healthy diet. In turn, insufficient sleep and a lack of physical activity can make it harder to cope with stressful experiences.

    Stress is often missing from dementia prevention efforts

    A robust body of research highlights the importance of at least 14 different factors that relate to your risk of Alzheimer’s disease, a common and devastating form of dementia and other forms of dementia. Although some of these factors may be outside of your control, such as diabetes or depression, many of these factors involve things that people do, such as physical activity, healthy eating and social engagement.

    What is less well-recognized is that chronic stress is intimately interwoven with all of these factors that relate to dementia risk. Our work and research by others that we reviewed in our recent paper demonstrate that chronic stress can affect brain function and physiology, influence mood and make it harder to maintain healthy habits. Yet, dementia prevention efforts rarely address stress.

    Avoiding stressful events and difficult life circumstances is typically not an option.

    Where and how you live and work plays a major role in how much stress you experience. For example, people with lower incomes, less education or those living in disadvantaged neighborhoods often face more frequent stress and have fewer forms of support – such as nearby clinics, access to healthy food, reliable transportation or safe places to exercise or socialize – to help them manage the challenges of aging
    As shown in recent work on brain health in rural and underserved communities, these conditions can shape whether people have the chance to stay healthy as they age.

    Over time, the effects of stress tend to build up, wearing down the body’s systems and shaping long-term emotional and social habits.

    Lifestyle changes to manage stress and lessen dementia risk

    The good news is that there are multiple things that can be done to slow or prevent dementia, and our review suggests that these can be enhanced if the role of stress is better understood.

    Whether you are a young, midlife or an older adult, it is not too early or too late to address the implications of stress on brain health and aging. Here are a few ways you can take direct actions to help manage your level of stress:

    • Follow lifestyle behaviors that can improve healthy aging. These include: following a healthy diet, engaging in physical activity and getting enough sleep. Even small changes in these domains can make a big difference.

    • Prioritize your mental health and well-being to the extent you can. Things as simple as talking about your worries, asking for support from friends and family and going outside regularly can be immensely valuable.

    • If your doctor says that you or someone you care about should follow a new health care regimen, or suggests there are signs of cognitive impairment, ask them what support or advice they have for managing related stress.

    • If you or a loved one feel socially isolated, consider how small shifts could make a difference. For instance, research suggests that adding just one extra interaction a day – even if it’s a text message or a brief phone call – can be helpful, and that even interactions with people you don’t know well, such as at a coffee shop or doctor’s office, can have meaningful benefits.

    The same behaviors that keep your heart healthy are also beneficial for your brain.

    Walkable neighborhoods, lifelong learning

    A 2025 study identified stress as one of 17 overlapping factors that affect the odds of developing any brain disease, including stroke, late-life depression and dementia. This work suggests that addressing stress and overlapping issues such as loneliness may have additional health benefits as well.

    However, not all individuals or families are able to make big changes on their own. Research suggests that community-level and workplace interventions can reduce the risk of dementia. For example, safe and walkable neighborhoods and opportunities for social connection and lifelong learning – such as through community classes and events – have the potential to reduce stress and promote brain health.

    Importantly, researchers have estimated that even a modest delay in disease onset of Alzheimer’s would save hundreds of thousands of dollars for every American affected. Thus, providing incentives to companies who offer stress management resources could ultimately save money as well as help people age more healthfully.

    In addition, stress related to the stigma around mental health and aging can discourage people from seeking support that would benefit them. Even just thinking about your risk of dementia can be stressful in itself. Things can be done about this, too. For instance, normalizing the use of hearing aids and integrating reports of perceived memory and mental health issues into routine primary care and workplace wellness programs could encourage people to engage with preventive services earlier.

    Although research on potential biomedical treatments is ongoing and important, there is currently no cure for Alzheimer’s disease. However, if interventions aimed at reducing stress were prioritized in guidelines for dementia prevention, the benefits could be far-reaching, resulting in both delayed disease onset and improved quality of life for millions of people.

    Jennifer E. Graham-Engeland receives funding from the National Institutes of Health.

    Martin J. Sliwinski receives funding from The National Institutes of Health

    – ref. Chronic stress contributes to cognitive decline and dementia risk – 2 healthy-aging experts explain what you can do about it – https://theconversation.com/chronic-stress-contributes-to-cognitive-decline-and-dementia-risk-2-healthy-aging-experts-explain-what-you-can-do-about-it-250583

    MIL OSI – Global Reports –

    May 29, 2025

  • MIL-OSI United Kingdom: ‘Highly deceptive’ fraudster secured Covid loan funds under his wife’s name and claimed innocent member of the public was his boss

    Source: United Kingdom – Executive Government & Departments

    Press release

    ‘Highly deceptive’ fraudster secured Covid loan funds under his wife’s name and claimed innocent member of the public was his boss

    Bounce Back Loan fraudster also produced false invoice to liquidator

    • Shohid Ahmed applied for three Bounce Back Loans using his wife’s name, receiving £100,000 his Indian restaurant was not entitled to 

    • An invoice claiming to show £15,000 of the loan was spent on refurbishing the restaurant was revealed to be false during Insolvency Service investigations 

    • Ahmed also filed false documents with Companies House to suggest an innocent member of the public had taken over his business  

    A Bradford fraudster who secured £100,000 in Covid loan funds he was not entitled to and claimed an innocent member of the public was the director of his company has been jailed. 

    Shohid Ahmed used his wife’s name to apply for three maximum-value Bounce Back Loans on behalf of Red Square Restaurants Limited, an Indian restaurant on Huddersfield Road in Mirfield. 

    The 40-year-old received £100,000 of the £150,000 he fraudulently applied for in May and June 2020, with one of the applications refused. 

    Ahmed then used the personal details of a woman who rented a house from his father without her knowledge to create the illusion that she was the director of the company and had taken over the business. 

    He also produced invoices claiming to show the legitimate use of the Bounce Back Loans, one of which Insolvency Service investigators found to be fabricated. 

    Ahmed, of Bardsey Crescent, Bradford, pleaded guilty to offences under the Fraud Act 2006, Companies Act 2006 and Insolvency Act 1986 earlier this year. 

    He was sentenced to two years in prison at Bradford Crown Court on Tuesday 27 May. 

    Ahmed has repaid £5,000 of the Bounce Back Loans he illegally secured. The Insolvency Service is seeking to recover the remaining fraudulently obtained funds under the Proceeds of Crime Act 2002. 

    David Snasdell, Chief Investigator at the Insolvency Service, said: 

    Shohid Ahmed’s actions were highly deceptive and involved a range of serious offending. 

    He not only obtained two Bounce Back Loans for the restaurant he earlier had said was no longer trading, but implicated a totally innocent member of the public by creating the false impression that she was now the director of the company. 

    The Insolvency Service will not hesitate to prosecute Covid fraudsters such as Ahmed who have stolen from the public purse and caused harm to others.

    Red Square Restaurants, which traded as Ruby’s Lounge, was incorporated in May 2018, with Ahmed’s wife as the sole director. 

    Ahmed himself was only officially director of the company for one day, being appointed and then resigning on 10 February 2020. 

    Despite not being the named director of the company, Ahmed made three Bounce Back Loan applications for Red Square Restaurants in the name of his wife as she had a better credit history than him. 

    Ahmed also claimed that the company was trading at the beginning of March 2020, to meet the requirements of the scheme. 

    That claim was contradicted by an application signed by Ahmed to strike the company off the Companies House register in early April 2020. 

    In the strike-off application, Ahmed said that the company had not traded in the previous three months. 

    Money from the Bounce Back Loans was also not used for the economic benefit of the business, as it should have been under the scheme. 

    Ahmed claimed that an invoice of £15,000 showed that money was spent on an interior redesign of his restaurant using a firm based in Stockton-on-Tees. 

    However, investigators found that the address for the design company Ahmed claimed to have used was actually a cafe which had been trading for 37 years. 

    Neither the cafe which occupied the unit or the landlord who manages the building had ever heard of the firm of interior designers. 

    A liquidator was appointed to wind-up Red Square Restaurants in July 2020. 

    Shortly before this, Ahmed filed false documents with Companies House claiming that a new director had been appointed on New Year’s Day in 2020. 

    Insolvency Service investigators spoke to the listed director who confirmed that she had no association whatsoever with Red Square Restaurants and had simply rented a house from Ahmed’s father. 

    However, Ahmed falsely claimed that she was the manager of the business who ran it day-to-day and had the power to recruit and dismiss members of staff. 

    Ahmed also falsely claimed that she had taken out both Bounce Back Loans and had access to the bank accounts where the money was deposited.  

    He added that he was a waiter and drew a salary of only £12,000. 

    Ahmed was disqualified as a company director for 11 years in December 2021 for his misconduct at Red Square Restaurants. 

    A restaurant under a different name now operates from the same address that Red Square Restaurants traded from. Shohid Ahmed is not a director of this company. 

    Further information 

    • Shohid Ahmed is of Bardsey Crescent, Bradford. His date of birth is 23 January 1985 

    • Red Square Restaurants Limited (company number 11370189) 

    • Read more about the Bounce Back Loan Scheme and the action the Insolvency Service can take if it finds misconduct  

    • Further information about the work of the Insolvency Service, and how to complain about financial misconduct.

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 28 May 2025

    MIL OSI United Kingdom –

    May 29, 2025

  • MIL-OSI: Upexi Buys Additional Locked SOL at a Discount for $11.8 million

    Source: GlobeNewswire (MIL-OSI)

    Purchases 77,879 locked SOL for $11.8 million

    Upexi now has 679,677 SOL, valued at $121.2 million at the current price of $178.261

    TAMPA, Fla., May 28, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI), a brand owner specializing in the development, manufacturing, and distribution of consumer products with diversification into the cryptocurrency space, today announced it purchased 77,879 locked SOL at $151.50 each for a total of $11.8 million. At the current $178.26 price of SOL, this represents a $2.1 million, or 17.7%, built-in gain for investors.

    Upexi now holds 679,677 SOL, acquired for $96.5 million and valued at $121.2 million, for a gain of $24.5 million inclusive of both SOL appreciation and the discount. 58% of Upexi’s SOL is locked and was purchased at a discount.

    Allan Marshall, CEO of Upexi, commented, “Our recent purchase both provides investors access to discounted locked Solana that they may not otherwise have, while also effectively doubling the staking yield in a safe and prudent manner. We remain laser-focused on acquiring and HODLing as much SOL as possible for the benefit of our shareholders.”

    1Spot price of $178.26 at 5:00 pm EST on May 27, 2025.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing and distribution of consumer products. The Company has entered the Cryptocurrency industry and cash management of assets through a Cryptocurrency Portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    Forward Looking Statements
    This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward- looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Investor Relations Contact
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    Email: Upexi@KCSA.com
    Phone: (212) 896-1254

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Aether Holdings Added to Russell Microcap® Index

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — Aether Holdings, Inc. (Nasdaq: ATHR) (“Aether” or the “Company”), an emerging financial technology platform company that offers proprietary research analytics, announced that it expects to be added as a member of the Russell Microcap® Index, effective after the U.S. market opens on June 30 as part of the 2025 Russell indexes reconstitution.

    Each index within the Russell U.S. Indexes is reconstituted each year to capture the 4,000 largest U.S. stocks as of Wednesday, April 30, ranking them by total market capitalization and grouping them according to certain criteria. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

    “Being added to the Russell Microcap® Index within just two months of our IPO is a truly exciting and rewarding milestone for Aether Holdings and validates our growth plans since going public,” said Nicolas Lin, CEO of Aether Holdings. “This inclusion enhances our visibility among institutional investors and reflects the market’s recognition of our novel position and strategy in the fintech space. As we continue to scale our proprietary research analytics platform and expand Alpha Edge Media, membership in the Russell Microcap® Index provides us with increased exposure to a broader investor base who can participate in our mission to democratize sophisticated market intelligence and redefine excellence in financial technology.”

    Investment managers and institutional investors widely use Russell indexes for index funds and as benchmarks for active investment strategies. Russell’s U.S. indexes serve as the benchmark for about $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider.

    Fiona Bassett, CEO of FTSE Russell, an LSEG business, commented, “The Russell indexes have continuously adapted to the evolving dynamic U.S. economy, and it’s crucial to fully recalibrate the suite of Russell U.S. Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark.”

    About FTSE Russell, an LSEG Business

    FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

    A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    FTSE Russell is wholly owned by London Stock Exchange Group.

    About Aether Holdings, Inc.

    Aether Holdings, Inc. (Nasdaq: ATHR) is an emerging financial technology holding company focused on transforming the way investors navigate the markets. Leveraging decades of market expertise and cutting-edge technology, Aether delivers proprietary tools, data, and research to empower traders with actionable insights and enhanced decision-making capabilities.

    Aether’s flagship platform, SentimenTrader.com, is designed to serve both retail and institutional investors by offering advanced sentiment analysis through the use of machine learning (ML) and artificial intelligence (AI) capabilities. With over 20 years of sentiment data integrated into its systems, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.

    Aether has also established Alpha Edge Media, Inc., a wholly owned subsidiary dedicated to building and scaling a new generation of digital-first financial newsletter media content and brands.

    Aether is committed to building an ecosystem that supports smarter, data-driven trading strategies, reinforcing its mission to empower the investing community and redefine excellence in fintech. By integrating advanced technologies, including artificial intelligence tools with the critical thinking and analytical abilities of its team of evidence-based trading veterans, Aether aims to provide its users with a powerful combination of technology and expertise, enabling them to make informed decisions to level up their trading in the markets.

    Find out more about Aether Holdings at https://helloaether.com/

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of Aether’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements relate to the timing for and anticipated benefits of Aether’s inclusion in the Russell Microcap® Index as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For Aether, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to Aether’s ability to adequately market its products and services, and to develop or acquire additional products and product offerings; (ii) risks related to intense competition in the fintech and financial newsletter sector; (iii) risk related to artificial intelligence and machine learning; (iv) the inability of Aether to maintain and protect its reputation for trustworthiness and independence; (v) the inability of Aether to attract new users and subscribers and convert free users to paying subscribers; (vi) similar risks and uncertainties associated with operating a relatively small business a rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and Aether therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://investor.helloaether.com/#sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Aether Holdings, Inc. Contact
    Nicolas Lin, CEO
    (347) 363-0886
    ir@helloaether.com

    Investor Relations Contact
    Matthew Abenante, IRC
    President, Strategic Investor Relations, LLC
    (347)-947-2093
    Email: matthew@strategic-ir.com

    Media Contact
    Jessica Starman, MBA
    media@helloaether.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Electric Hydrogen Selects Weitz to Deliver HYPRPlant for World’s Largest eFuels Project

    Source: GlobeNewswire (MIL-OSI)

    DEVENS, Mass., May 28, 2025 (GLOBE NEWSWIRE) — Electric Hydrogen, a U.S. manufacturer of advanced electrolyzers, has selected The Weitz Company, through an affiliate, as the engineering, procurement and construction (EPC) partner for the installation of its 100 megawatt (MW) HYPRPlant at Infinium’s Roadrunner eFuels project in West Texas.

    Project Roadrunner is expected to be the world’s largest eFuels facility, producing synthetic aviation fuel, diesel and naphtha for aviation and heavy transport markets.

    Electric Hydrogen’s complete electrolysis solution, HYPRPlant, leverages the company’s proprietary high-power proton exchange membrane (PEM) technology to deliver ultra-low-cost hydrogen made with renewable energy. Built mostly in Texas and shipped as modular skids, the system reduces total installed project costs by as much as 60% and significantly shortens deployment timelines.

    The Weitz Company brings deep industrial EPC experience to the project, ensuring reliable and professional execution. The project will boost local job creation in West Texas.

    “Electric Hydrogen’s technology opens new market opportunities for us in clean energy infrastructure,” said Jesse Hammes, Vice President of Industrial at The Weitz Company. “We’re proud to contribute our expertise to a project of this scale and significance.”

    “This is a defining moment for our company and the renewable hydrogen sector,” said Josh Stewart, Vice President of Deployment at Electric Hydrogen. “Working with Weitz, we’re demonstrating that American-made electrolyzer systems can deliver at industrial scale, on time and on budget at significantly lower total cost than competing solutions.”

    To learn more about Electric Hydrogen’s HYPRPlant, visit https://eh2.com/.

    About Electric Hydrogen
    Electric Hydrogen manufactures, delivers and commissions the world’s most powerful electrolyzers to make clean hydrogen projects economically viable today. The company’s complete HYPRPlant includes all system components required to turn water and electricity into the lowest cost clean hydrogen. Electric Hydrogen has a team of more than 300 people in the United States and Europe. The company was founded in 2020 and is headquartered in Devens, Massachusetts. To learn more about how critical industries leverage Electric Hydrogen’s advanced proton exchange membrane (PEM) technology, visit https://eh2.com/.

    About The Weitz Company
    Founded in 1855, The Weitz Company is a full-service construction company, general contractor, design builder, and construction manager that serves all 50 U.S. states. Weitz is one of the oldest general contractors in the United States and an industry leader in Industrial construction, Senior Living, Student Housing, Mission Critical construction, Commercial construction, virtual design and more. Headquartered in Des Moines, Iowa, The Weitz Company annually ranks in the top tier of Engineering News-Record (ENR) magazine’s Top 400 Contractors and Building Design+Construction’s Giants 300 Contractors lists. As a member of the Orascom Construction PLC global group, Weitz leverages the group’s international expertise and leading innovative strategies to deliver premier results to our clients across market sectors. You can read more about The Weitz Company at https://www.weitz.com/.

    Contact

    V2 Communications for Electric Hydrogen

    electrichydrogen@v2comms.com

    Photos accompanying this announcement are available at :

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7237eeac-88fa-44af-8073-0bd6181b6578

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cab6fb03-9060-42fc-ba62-f98b94a46371

    The MIL Network –

    May 29, 2025

  • MIL-OSI: All resolutions approved at the 2025 STMicroelectronics’ Annual General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    All resolutions approved at the 2025 STMicroelectronics’ Annual General Meeting of Shareholders

    Amsterdam, May 28, 2025 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2025 Annual General Meeting of Shareholders (the “2025 AGM”), which was held today in Amsterdam, the Netherlands.

    All the resolutions were approved by the Shareholders:

    • The adoption of the Company’s statutory annual accounts for the year ended December 31, 2024, prepared in accordance with International Financial Reporting Standards (IFRS). The 2024 statutory annual accounts1 were filed with the Netherlands Authority for the Financial Markets (AFM) on March 27, 2025 and are posted on the Company’s website (www.st.com) and the AFM’s website (www.afm.nl);
    • The distribution of a cash dividend of US$ 0.36 per outstanding share of the Company’s common stock, to be distributed in quarterly installments of US$ 0.09 in each of the second, third and fourth quarters of 2025 and first quarter of 2026 to shareholders of record in the month of each quarterly payment as per the table below;
    • The adoption of the remuneration for the members of the Supervisory Board;
    • The appointment of Werner Lieberherr, as member of the Supervisory Board, for a three-year term expiring at the end of the 2028 AGM, in replacement of Ms. Janet Davidson whose mandate has expired at the end of the 2025 AGM;
    • The appointment of Ms. Simonetta Acri, as member of the Supervisory Board, for a three-year term expiring at the end of the 2028 AGM in replacement of Ms. Donatella Sciuto whose mandate has expired at the end of the 2025 AGM;
    • The reappointment of Ms. Anna de Pro Gonzalo, as member of the Supervisory Board, for a three-year term to expire at the end of the 2028 AGM;
    • The reappointment of Ms. Hélène Vletter-van Dort, as member of the Supervisory Board, for a three-year term to expire at the end of the 2028 AGM;
    • The appointment of PricewaterhouseCoopers Accountants N.V. as the Company’s external auditor for the financial years 2026-2029;
    • The appointment of PricewaterhouseCoopers Accountants N.V. to audit the Company’s sustainability reporting for the financial years 2026-2027, to the extent required by law;
    • The approval of the stock-based portion of the compensation of the President and CEO;
    • The approval of the stock-based portion of the compensation of the Chief Financial Officer;
    • The authorization to the Managing Board, until the conclusion of the 2026 AGM, to repurchase shares, subject to the approval of the Supervisory Board;
    • The delegation to the Supervisory Board of the authority to issue new common shares, to grant rights to subscribe for such shares, and to limit and/or exclude existing shareholders’ pre-emptive rights on common shares, until the end of the 2026 AGM;
    • The discharge of the members of the Managing Board; and
    • The discharge of the members of the Supervisory Board.

    The complete agenda and all relevant detailed information concerning the 2025 AGM, as well as all related AGM materials, are available on the Company’s website (www.st.com) and made available to shareholders in compliance with legal requirements.

    The draft minutes of the AGM will be posted on the General Meeting of Shareholders page of the Company’s website (www.st.com) within 30 days following the 2025 AGM.

    As for rule amendments from the Securities and Exchange Commission (SEC) and conforming FINRA rule changes, on US market the standard for settlement is the next business day after a trade or t+1. European settlement rule remains at t+2 for the time being.

    The table below summarizes the full schedule for the quarterly dividends:

                  Transfer between New York and Dutch registered shares restricted:
      In Europe in NYSE      
    Quarter Ex-dividend Date Record Date Payment Date Ex-dividend and Record Date Payment Date: on or after   From End of Business in NY on: Until Open of Business in NY on:
    Q2 2025 23-Jun-25 24-Jun-25 25-Jun-25 24-Jun-25 1-Jul-25   20-Jun-25 25-Jun-25
    Q3 2025 22-Sep-25 23-Sep-25 24-Sep-25 23-Sep-25 30-Sep-25   19-Sep-25 24-Sep-25
    Q4 2025 15-Dec-25 16-Dec-25 17-Dec-25 16-Dec-25 23-Dec-25   12-Dec-25 17-Dec-25
    Q1 2026 23-Mar-26 24-Mar-26 25-Mar-26 24-Mar-26 31-Mar-26   20-Mar-26 25-Mar-26

    About STMicroelectronics
    At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.

    Further information can be found at www.st.com.

    INVESTOR RELATIONS
    Jérôme Ramel
    EVP Corporate Development & Integrated External Communication
    Tel: +41.22.929.59.20
    jerome.ramel@st.com

    MEDIA RELATIONS
    Alexis Breton
    Corporate External Communications
    Tel: +33.6.59.16.79.08
    alexis.breton@st.com

    1    The Annual Report includes the sustainability statement which is prepared based on the general principles of the Corporate Sustainability Reporting Directive (CSRD).

    Attachment

    • C3340C – ST Press Release – All Resolutions adopted – 2025 AGM – FINAL FOR PUBLICATION

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Liquidia Corporation to Present at the 2025 Jefferies Global Healthcare Conference

    Source: GlobeNewswire (MIL-OSI)

    MORRISVILLE, N.C., May 28, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA) announced today that the company’s Chief Executive Officer Dr. Roger Jeffs, Chief Financial Officer and Chief Operating Officer Michael Kaseta, and Chief Business Officer Jason Adair will be providing an update on the company’s business during a fireside chat at the 2025 Jefferies Global Healthcare Conference on Wednesday June 4, 2025, beginning at 11:05 a.m. ET, in New York City.

    Access to a webcast will be available to investors and other interested parties by accessing Liquidia’s website at https://liquidia.com/investors/events-and-presentations.

    An archived, recorded version of the presentation will be available on Liquidia’s website for at least 30 days following the event.

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of YUTREPIA™ (treprostinil) inhalation powder, a drug that has been approved for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PHILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    Contact Information

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    jason.adair@liquidia.com

    Media:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: red violet to Present at the East Coast IDEAS Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    BOCA RATON, Fla., May 28, 2025 (GLOBE NEWSWIRE) — Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will present at the East Coast IDEAS Investor Conference being held June 11-12, 2025 in New York. Camilo Ramirez, Senior Vice President, Finance and Investor Relations, will present and host investor meetings on June 11, 2025.

    About red violet®
    At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Our intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Our solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society. For more information, please visit www.redviolet.com.

    Company Contact:
    Camilo Ramirez
    Red Violet, Inc.
    561-757-4500
    ir@redviolet.com

    Investor Relations Contacts:
    Steven Hooser
    Three Part Advisors
    214-872-2710
    ir@redviolet.com

    The MIL Network –

    May 29, 2025

  • MIL-OSI: Element Demonstrates Progress on Climate Strategy and Enhanced Transparency in Latest Sustainability Report

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 28, 2025 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today released its 2025 Sustainability Report, underscoring the company’s commitment to driving sustainable practices that support long-term resilience and stakeholder value.

    “Motivated by our Purpose to Move the world through intelligent mobility, our sustainability report demonstrates how we are advancing sustainability with accountability, transparency, and meaningful action,” said Claire M. Murphy, EVP Chief Legal and Sustainability Officer at Element. “Sustainability is core to how we operate, and we are proud of the progress we’ve made to deepen our governance practices and foster positive environmental and social outcomes, while delivering tailored solutions that enable our clients to meet their own sustainability goals.”

     Key highlights from this year’s report include:

    • Climate ambition and action: In 2024, Element’s near-term science-based targets were validated by the Science Based Targets initiative (SBTi), aligning the company’s decarbonization initiatives with global best practices. The Company also achieved, and surpassed, its Scope 1 and 2 reduction targets ahead of schedule, reinforcing its disciplined approach to climate action. Progress continued on reducing Scope 3 emissions intensity, with focused efforts on the most material areas of the Company’s value chain including use of sold products (Category 11) and downstream leased assets (Category 13).
    • Governance and transparency: Element continued to strengthen its sustainability governance and disclosure practices, maintaining a CDP Climate score of B for the second consecutive year. The Company also enhanced alignment with leading sustainability reporting frameworks, establishing the foundation for future regulatory readiness and reinforcing a commitment to transparent reporting practices. 
    • Inclusion and belonging: Element continued to foster inclusion and belonging through team member-led Business Resource Groups and enterprise-wide engagement initiatives.

    “Element is committed to making tangible and measurable differences in everything we do,” said Sheri McGrath, Vice President, Sustainability. “By embedding sustainability into our strategy and partnering closely with our clients, we are making significant strides toward a more sustainable future. This report is a reflection of these achievements, as well as our dedication to continuous improvement.”

    The 2025 Sustainability Report underscores Element’s commitment to act with integrity, innovation, and purpose to address global challenges. By fostering strong partnerships and implementing forward-thinking solutions, the Company is building a foundation for long-term resilience and shared prosperity.

    To explore Element’s sustainability initiatives and achievements in more detail, access the full report here.

    About Element Fleet Management:

    Element Fleet Management (TSX: EFN) is the largest publicly traded pure-play automotive fleet manager in the world. As a Purpose-driven and client-centric company, we deliver value through scalable, sustainable, and technology-enabled fleet and mobility solutions. With operations across North America, Australia, New Zealand, Ireland, and a growing global footprint through our technology platform Autofleet, we provide our clients with end-to-end fleet management services — from vehicle acquisition, maintenance, and risk management to route optimization, electric vehicle integration, and remarketing. At Element, we combine our fleet management expertise with advanced digital capabilities in order to unlock real-time data insights, dynamic planning tools, and advanced optimization that maximize the cost efficiency and vehicle productivity of our clients’ fleets. For more information, please visit: https://www.elementfleet.com.

    This press release contains certain forward-looking statements and forward-looking information regarding Element and its business, which are based upon Element’s current expectations, estimates, projections, assumptions, and beliefs. In some cases, words such as “plan,” “expect”, “intend”, “believe”, “will”, “potential”, “target”, and other similar words, or statements that certain events or conditions “may” or “will” occur are intended to identify forward-looking statements and forward-looking information. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements or information. Forward-looking statements and information herein may include, but are not limited to, statements with respect to, among other things, the Company’s sustainability targets and objectives, including science-based targets, Element’s and our clients’ greenhouse gas emissions, fleet electrification, decarbonization strategies, future climate reporting, and other sustainability related expectations. By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific, which give rise to the possibility that our expectations will not prove to be accurate, that our assumptions may not be correct and that our sustainability priorities, targets, commitments and goals will not be achieved. As we work to advance our sustainability strategy, external factors outside of Element’s reasonable control may impact our performance and ability to achieve our goals, including government policies, legislation and regulatory actions, our ability to implement various sustainability-related initiatives internally and with our clients under expected timeframes, the availability of comprehensive and high-quality GHG emissions data, and standardization of sustainability-related measurement methodologies. These and other factors may cause actual results to differ materially from the expectations expressed in the forward-looking statements and may require Element to adapt its initiatives and activities or adjust its commitments, metrics, targets, and goals. The forward-looking statements herein speak only as of the date hereof and we do not undertake to update any forward-looking statement except as required by law. In addition, a discussion of some of the material risks affecting Element and its business appears under the heading “Risk Management” in Element’s Management Discussion and Analysis for the twelve-month period ended December 31, 2024, and under the heading “Risk Factors” in Element’s Annual Information Form for the year ended December 31, 2024, which have been filed on SEDAR+ and can be accessed on Element’s profile on www.sedarplus.com.

    The MIL Network –

    May 29, 2025

  • MIL-OSI: CareCloud Announces Results from Annual Shareholders’ Meeting

    Source: GlobeNewswire (MIL-OSI)

    Shareholders Re-Elect 3 Board Members, Approve the Compensation for the Company’s Named Executives and Approve the Appointment of Public Accounting Firm

    SOMERSET, N.J., May 28, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that it held its 2025 Annual Shareholders’ Meeting on May 27, 2025, during which shareholders re-elected Anne Busquet, Bill Korn and Lawrence Sharnak for another two-year term. Shareholders also voted to approve, on an advisory basis, the compensation of the Company’s named executive officers, as disclosed in the Company’s 2025 Proxy Statement’s compensation tables and any related information found in such proxy statement and voted to approved the appointment of Rosenberg Rich Baker Berman, P.A. as the Company’s independent registered public accounting firm for the year ending December 31, 2025.

    CareCloud’s shareholders approved the following three proposals:

    1. Re-elect Anne Busquet, Bill Korn and Lawrence Sharnak to the Board of Directors.
    2. The compensation of the Company’s named executive officers, on an advisory basis, as disclosed in the Company’s Proxy Statement.
    3. The appointment of Rosenberg Rich Baker Berman, P.A. as our independent registered public accounting firm for the year ending December 31, 2025.

    CareCloud is proud to announce the re-appointment of Anne Busquet, Bill Korn and Lawrence Sharnak to the Board. Anne Busquet has over 30 years of executive business experience with American Express and Interactive Corp. Bill Korn served as our Chief Financial Officer for 10 years before retiring in October 2023. Lawrence Sharnak served at American Express for more than 30 years where he held a variety of senior leadership roles.

    “We are pleased to announce the re-election of Anne, Bill and Larry,” said CareCloud’s Co-CEO, Stephen Snyder.

    The final voting tallies from this year’s Annual Meeting were included in a Form 8-K which was previously filed with the Securities and Exchange Commission.

    About CareCloud

    CareCloud brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Learn more about our products and services including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    Forward-Looking Statements

    This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

    These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward- looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

    The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

    SOURCE CareCloud

    Company Contact:
    Norman Roth
    Interim Chief Financial Officer and Corporate Controller
    CareCloud, Inc.
    nroth@carecloud.com

    Investor Contact:
    Stephen Snyder 
    Co-Chief Executive Officer 
    CareCloud, Inc. 
    ir@carecloud.com

    The MIL Network –

    May 29, 2025
←Previous Page
1 … 636 637 638 639 640 … 2,041
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress