Category: Business

  • MIL-OSI Global: Pandas and politics − from World War II to the Cold War, zoos have always been ideological

    Source: The Conversation – USA – By John M. Kinder, Professor of History and American Studies, Oklahoma State University

    Giant panda Xiao Qi Ji walks around his enclosure at the Smithsonian National Zoo in September 2023 in Washington, D.C. Anna Moneymaker/Getty Images

    President Donald Trump’s sweeping range of more than 130 executive orders and other decisions aim to upend everything from long-standing immigration policy to the control of a performing arts center.

    But so far, zoos are not among the many issues the Trump administration has focused on.

    That might no longer be the case.

    Trump issued an executive order on March 27, 2025, to restore “truth and sanity” at federal history sites.

    “Over the past decade, Americans have witnessed a concerted and widespread effort to rewrite our Nation’s history,” Trump wrote in the executive order, “replacing facts with a distorted narrative driven by ideology rather than truth.” As a corrective, he instructed Vice President JD Vance to ferret out “improper ideology” at the Smithsonian Institution, a group of museums and research centers created and funded by the federal government.

    The executive order also applied to the National Zoo in Washington, D.C., which has been part of the Smithsonian since 1890.

    For Trump’s critics, the suggestion that zoos might be indoctrinating visitors was absurd.

    NBC “Late Night” host Seth Meyers joked about the executive order on his show on April 2, characterizing it as evidence of an authoritarian personality.

    “Seriously, what the hell is ‘improper’ ideology at the zoo? Trump is starting to get into weird dictator s—,” Meyers said.

    Meyers’ astonishment should come as no surprise. Zoos go to great lengths to portray themselves as scientifically objective and politically neutral.

    Yet as a scholar of wars’ effects on American culture and society, I know that zoos have always been ideological, sending subtle – and not so subtle – messages about topics that have little to do with animals.

    Historically, zoos have been used to justify colonial exploitation. They have lent weight to eugenicist ideas about racial hierarchy. And they have served as backdrops for all kinds of political theater.

    During the 1920s and 1930s, for example, Italian strongman Benito Mussolini liked to climb inside the lion cage at the Rome Zoo to demonstrate the courage and vitality he associated with fascist politics.

    As I argue in my 2025 book “World War Zoos: Humans and Other Animals in the Deadliest Conflict of the Modern Age,” the links between zoos and national politics are especially pronounced in periods of war.

    Benito Mussolini, the longtime fascist dictator of Italy, visits a zoo in Rome in 1924.

    World war zoos

    Zoo ownership and funding models depend on the individual zoo, but many zoos receive at least some government funding to operate.

    At the start of World War II, most governments required zoos to embrace an ideology of sacrifice – a willingness to set the needs of the state above their own.

    For zoos in North America and the British Empire, this meant slashing workers’ pay, rationing food supplies and offering uniformed soldiers special access to zoo facilities.

    It also meant destroying animals considered a threat to public safety, especially in the event of a bombing or assault that could set them free. In 1939, the London Zoo killed more than 200 animals, starting with the black widow spiders and venomous snakes. Other zoos did the same, slaughtering their animal collections as a precaution against possible escape.

    Joan the hippo at the London Zoo gets a drink of water in June 1939.
    Fox Photos/Getty Images

    Authoritarian governments during World War II exercised almost total control over their nations’ zoos.

    Under Adolf Hitler, German zoos enforced “Aryan-only” visitation policies, festooned their grounds with swastikas, hosted galas for Nazi dignitaries and exhibited animals looted from zoos in occupied nations.

    In Japan, the governor of Tokyo ordered the Ueno Zoo to carry out a series of “propaganda killings” aimed at strengthening public commitment to the wartime struggle. Starting in August 1943, zoo staff shot, electrocuted, stabbed and strangled more than 20 animals, including a polar bear, an American bison, a python and a leopard cub.

    Tokyo’s zoo also starved to death three elephants named Jon, Tonki and Hanako. Weeks after the zoo held an official funeral for its animals, two of the three elephants that were not actually dead continued to suffer, their cages covered in bunting so the public would not see the ghastly evidence.

    Even as the fighting raged, the Soviet government directed its zoos to develop practical measures to help the war effort. At the Moscow Zoo, staff taught people how to breed mice and rabbits for medical applications, such as vaccine testing.

    All the while, Soviet zoo employees had to demonstrate ideological vigilance in the workplace. Any slipup could mean official sanction, loss of position or worse.

    Cold War zoos

    During the Cold War, governments around the world continued to view zoos through an ideological lens.

    This was especially true in Berlin, where the city’s two zoos – one in the capitalist West, the other in the communist East – became symbols of competing ideological worldviews.

    No zoo animals were more ideologically fraught in the Cold War than giant pandas, endemic to the forested mountains of central China.

    In the 1950s and 1960s, American zoos were denied permission by the U.S. government to import pandas from China. The State Department considered them “enemy goods.”

    First lady Pat Nixon welcomes pandas to the National Zoo in Washington, D.C., in 1972.

    That changed in 1972, when President Richard Nixon, during a thawing of the Cold War, famously returned from China with Ling-Ling and Hsing-Hsing, the first giant pandas who were gifted to and exhibited in the U.S. in decades.

    The National Zoo unveiled China’s latest “soft power ambassadors” in January 2025. Three-year-old pandas Bao Li and Qing Bao are set to remain in D.C. for 10 years – long enough to win the hearts and minds of millions of zoo visitors.

    John M. Kinder 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. Pandas and politics − from World War II to the Cold War, zoos have always been ideological – https://theconversation.com/pandas-and-politics-from-world-war-ii-to-the-cold-war-zoos-have-always-been-ideological-255305

    MIL OSI – Global Reports

  • MIL-OSI Global: Guns in America: A liberal gun-owning sociologist offers 5 observations to understand America’s culture of firearms

    Source: The Conversation – USA – By David Yamane, Professor of Sociology, Wake Forest University

    About 86 million American adults own at least one of the estimated 400 million firearms in the U.S. today. Paul Campbell, iStock / Getty Images Plus

    An Asian American and lifelong liberal from the San Francisco Bay Area, I became a first-time gun owner as a 42-year-old in 2011. I began a now 14-year journey into an unfamiliar and complex world of firearms. In my work, I draw on both my personal experiences and sociological observations to understand the long-standing presence of a robust legal gun culture in America.

    In contrast to the dominant scholarly approaches, which focus on gun deviance and harm, I find there is more to firearms than criminal violence, injury and death; more to gun owners than straight white men; and more to gun culture than democracy-destroying right-wing politics.

    Let me share five observations essential to understanding guns in America:

    1. Guns are normal

    About 86 million American adults – 1 in 3 – own at least one of the estimated 400 million firearms in the U.S. today.

    Imagine if everyone who uses TikTok in the U.S. owned a gun – and then add the population of New York City. That is enough gun owners to fill over 1,000 NFL stadiums.

    Humans have used projectile weapons like rocks and spears from the beginning. This unbroken history continues in every society, with firearms as the weapon of choice in all but the most isolated communities. People who could legally own guns in colonial America commonly did so. Even today, civilian firearms ownership remains exceptionally high in the U.S. compared with other industrialized nations.

    The right of everyday Americans to own guns is a deep part of American culture, enshrined in the U.S. Constitution and many state constitutions.

    2. Gun culture 2.0

    The culture of guns in the U.S. has evolved over time.

    Before the mid-1800s, people primarily used firearms for practical purposes: hunting for food, defense from and offense against indigenous populations, controlling enslaved people, expanding territory and fighting against oppressive rulers.

    Kevin Dixie, at a firearms retailer and gun range in Ballwin, Mo., believes that gun rights are about empowering minority communities and ensuring freedom for every American.
    AP Photo/Jeff Roberson

    Starting in the mid-1800s, Americans developed a more complex gun culture that included recreational hunting, organized target shooting and gun collecting. These elements continue today, but, in a shift, Americans increasingly own guns for self-defense.

    Evidence for the evolution to what I call “Gun Culture 2.0” appears in three key areas: surveys about why people own guns, the loosening of gun-carrying laws beginning in the 1980s, and changes in both the types of firearms sold and how companies market them, especially toward small, concealable pistols.

    3. Gun ownership is diverse

    Black Americans have a particularly strong tradition of gun ownership dating at least to the 19th-century abolitionist movement.

    Today, 1 in 4 Black Americans, as well as 1 in 5 Latinos and 1 in 4 women, personally own a gun. Twenty percent of gun owners consider themselves politically liberal. For every four evangelical Protestants who own handguns, three people who don’t identify with any religion own them too. Scholars are even beginning to discover the importance of LGBTQ+ gun owners.

    Gun Culture 2.0 is more diverse and inclusive than the United States’ historical gun culture because security is a universal human concern.

    The response to feelings of insecurity varies. Portfolios of protective measures in the U.S. include home security systems, dogs, the hyperlocal social networking service Nextdoor, gated communities and firearms.

    4. Guns are lethal tools

    Many tools like knives and chainsaws are lethal, meaning they have the capacity to cause death. Guns differ because their lethality is by design. Consequently, guns can make dangerous situations more deadly.

    Despite their ubiquity and deadly potential, accidental firearm deaths are relatively rare and declining in the U.S., numbering fewer than 500 annually in recent years. Most gun deaths are intentional, with suicides accounting for 58% and homicides for 38% of 46,728 gun deaths in 2023.

    While the U.S. has a moderate overall suicide rate compared with other developed countries, it has a firearm suicide rate that substantially exceeds these other nations. This is because firearms are widely available and highly lethal. When people attempt suicide using guns, they die in up to 90% of cases.

    Similarly, although the U.S. is not exceedingly violent or criminal compared with peer nations, its criminal violence is more deadly because these lethal tools are more frequently involved.

    Starting in the mid-1800s, Americans developed a more complex gun culture that included recreational hunting, as depicted in this 1852 lithograph of woodcock hunters.
    Universal History Archive/Getty Images

    5. Guns are paradoxical

    Despite high rates of firearm suicide and homicide, most guns in the U.S. will not kill anyone, and most American gun owners will not commit violence against themselves or others. My calculations, based on the 2023 Centers for Disease Control and Prevention data, indicate that just one gun death occurred per 8,560 firearms and 1,840 gun owners – meaning at least 99.99% of guns and 99.95% of gun owners were not directly involved in fatalities that year.

    These observations collectively point to a final insight: Guns resist simple categorization and embody multiple paradoxes.

    To different people, they are fun and frightening, dangerous and protective, diffuse and concentrated, unifying and divisive, attractive and repulsive, interesting and controversial, useful and useless, good and bad, and neither good nor bad.

    This is to say, guns are not inherently anything. They take on different meanings according to the various purposes to which people put them.

    A realistic view requires maintaining a clear-eyed understanding of the lethal capabilities of firearms. But the tendency to focus exclusively on firearms-related harms, while understandable, becomes a problem, in my view, when it fails to acknowledge the normality of guns and the diversity of gun owners.

    David Yamane has received funding from The Louisville Institute for the Study of American Religion to study church security. He is a member of the Liberal Gun Club, National African American Gun Association, and National Rifle Association, and financially supports the Liberal Gun Owners 501c4 and Walk the Walk America 501c3 organizations.

    ref. Guns in America: A liberal gun-owning sociologist offers 5 observations to understand America’s culture of firearms – https://theconversation.com/guns-in-america-a-liberal-gun-owning-sociologist-offers-5-observations-to-understand-americas-culture-of-firearms-251084

    MIL OSI – Global Reports

  • MIL-OSI Global: Deporting international students risks making the US a less attractive destination, putting its economic engine at risk

    Source: The Conversation – USA – By David L. Di Maria, Vice Provost for Global Engagement, University of Maryland, Baltimore County

    Boston University students march to demand the school declare itself a sanctuary campus to protect their peers from the federal government regardless of their immigration status, on April 3, 2025. Jessica Rinaldi/The Boston Globe via Getty Images

    In early April 2025, the Trump administration terminated the immigration statuses of thousands of international students listed in a government database, meaning they no longer had legal permission to be in the country. Some students self-deported instead of facing deportation.

    The U.S. Department of Homeland Security recently announced that it would reverse the terminations after courts across the country determined they did not have merit.

    These moves come as the White House seeks to enhance vetting and screening of all foreign nationals.

    The State Department in March announced plans to use artificial intelligence to review international students’ social media accounts.

    As an administrator and scholar who specializes in international higher education, I know that international students in the United States have long been subjected to a high level of vetting, screening and monitoring.

    Inserting additional bureaucracy into current processes could make the U.S. a less attractive study destination. I believe this would ultimately hamper the Trump administration’s ability to achieve its “America First” priorities related to the economy, science and technology, and national security.

    International students in the US

    The U.S. has long been the global leader in attracting international students. But competition for these students is increasing as other countries, such as Germany and South Korea, enact strategies for attracting international education.

    The U.S. hosts 16% of all students studying outside of their home country, down from 22% in 2014 and 28% in 2001, according to the Institute of International Education. Of the more than 1 million international students who were present in the U.S. during the 2023-2024 academic year, 54% came from just two countries, China and India.

    Most international students pursue graduate degrees in STEM fields – science, technology, engineering and mathematics. And, according to the National Science Foundation, international students make up a significant portion of enrollment at the master’s and doctoral levels.

    How international students are screened

    International students in the U.S. are already subjected to intense screening and continuous monitoring. These measures include:

    • Vetting the student’s school. Before they can apply for a visa, international students must be admitted to a school authorized by the Department of Homeland Security to enroll people on student visas.

    • Vetting at the embassy. As part of the visa application process, international students are subjected to national security reviews carried out by various intelligence and law enforcement agencies. In some cases, such as when a U.S. consular officer in their home country decides that more information is required from external sources to determine visa eligibility, additional screenings occur. That is done through a process known as administrative processing.

    • Vetting upon arrival. When they arrive in the U.S., international students are again screened by a U.S. Customs and Border Protection officer. If the officer is unable to verify any information, the student is sent to secondary inspection, a secure interview area where the student waits while officers complete additional assessment. The student is then either admitted to the U.S. or forced to depart the country.

    • Ongoing monitoring while in the U.S. If permitted to enter the country, students must enroll full time, earn good grades and notify their school within 10 days of substantive changes to their circumstances.

    Examples include a change to their address, academic major or financial sponsor. And school officials are required to report this information to the Student and Exchange Visitor Program, part of U.S. Immigration and Customs Enforcement’s National Security Investigations Division.

    Students participating in temporary, postgraduation training programs must continue to comply with reporting requirements. And certain STEM graduates, and their employers, are subject to additional requirements. They include certification of training plans, annual evaluations and site visits.

    Most international students prefer to study in the U.S., recent research shows. But they are willing to change their preferences as other countries introduce friendlier visa policies, such as more flexible post-study work opportunities and lower visa costs.

    Given the current level of screening and monitoring already imposed on international students in the U.S., it is unclear how additional measures would add value.

    Boston University police officers speak to each other as students protest outside a dean’s office demanding the school declare itself a sanctuary campus, on April 3, 2025.
    Jessica Rinaldi/The Boston Globe via Getty Images

    Critical to an America First agenda

    President Donald Trump’s “America First” agenda aims to grow the U.S. economy.

    It also intends to maintain U.S. leadership in science and technology and enhance national security.

    Trump administration officials have underlined the importance of recruiting top global talent. And Trump has said that international students who graduate from U.S. colleges should be awarded a green card with their degree.

    During the 2023-2024 academic year, international students contributed US$43.8 billion to the U.S. economy through tuition and living expenses, which supported an estimated 378,175 U.S. jobs.

    Their contributions don’t end following graduation, according to the National Bureau of Economic Research. Many go on to launch successful startups at a rate that is eight to nine times higher than their domestic peers. In fact, 25% of billion-dollar companies in the U.S. were founded by a former international student.

    Such companies include Eventbrite, Grammarly, Moderna, OpenAI, Robinhood and SpaceX.

    International students also help the U.S. maintain global leadership in STEM.

    Consider that 45% of STEM workers in the U.S. holding a doctoral degree were born outside the U.S.

    A 2024 report cautions that the U.S. is failing to develop domestic STEM talent at all levels of the education system. Just 3.2% of U.S. high school graduates are estimated to enter the STEM workforce.

    Moreover, the country’s ability to attract and retain international STEM talent is decreasing due to immigration restrictions and increased global competition.

    Finally, international students are critical to establishing global networks and promoting soft power diplomacy. This is evidenced by the U.S. having graduated more world leaders than any other nation.

    Further restricting the ability of international students to study in the U.S. will ultimately redirect talent to other countries, allies and adversaries alike.

    David L. Di Maria 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. Deporting international students risks making the US a less attractive destination, putting its economic engine at risk – https://theconversation.com/deporting-international-students-risks-making-the-us-a-less-attractive-destination-putting-its-economic-engine-at-risk-249245

    MIL OSI – Global Reports

  • MIL-OSI Video: Investing in America 🇺🇸

    Source: United States of America – The White House (video statements)

    “The companies represented in this room have collectively announced more than $2 trillion in new investments, and we have a total of close to $8 trillion. Every new investment, every new factory, and every new job created is a sign of strength in the American economy.” –President Donald J. Trump

    https://www.youtube.com/watch?v=vK4OWPpKK4o

    MIL OSI Video

  • MIL-OSI USA: Doechii’s ‘Anxiety’ Is an Anthem for Our Emotional State

    Source: US State of Connecticut

    Editor’s Note: The following article by Board of Trustees Distinguished Professor Sandra Chafouleas originally appeared in Psychology Today.

    KEY POINTS

    • Doechii’s “Anxiety” nails both the physical and mental symptoms of anxiety.
    • The song guides us to notice anxious thoughts as “passing through.”
    • Multiple coping options exist: observe thoughts, avoid judgment, calm body, and connect with others.
    • Families can use the song to talk about anxiety and healthy coping options.

    Doechii’s “Anxiety” is bigger than pulsating rhythms and unflinching lyrics. In a year thus far dominated with uncertainty, it represents more than popular music. It captures how many of us feel right now. When it pops into our playlists, we might wonder: was the timing of release planned or coincidental? Doechii has nailed it, tapping into our shared whole-body experience.

    The song and accompanying video work so well in showing exactly how anxiety feels in our bodies and minds. When Doechii sings, “Breathing shallow, mind won’t settle / Tomorrow’s problems here today”, she is describing the hallmark features of anxiety. Think about quick and short breaths, racing thoughts, and worrying about things that haven’t happened yet. Anxiety feels like “Anxiety” sounds, with brilliant mirroring of how the experience can hijack us.

    Doechii does more than describe the symptoms of anxiety. In the middle, she attempts to shift perspective: “Notice it, name it, watch it go / It’s not you, it’s just passing through.” This part shows us the beginnings of how to escape from anxiety’s hold. Emotion science tells us that we can learn to observe our thoughts rather than be consumed by them. This awareness, for example, can be found in the core elements of approaches like mindfulness-based cognitive therapy or acceptance and commitment therapy. For listeners of the song, this reframing can begin to open multiple pathways for healthy responding to anxiety. We need different options as a single approach doesn’t work for each person or across every situation.

    Here are some examples to explore:

    • Recognize thoughts as just thoughts: When we view a worried thought as “just anxiety talking,” we can acknowledge the intrusion without it taking over how we define who we are or what we do.
    • Just notice without judging: When we observe our thoughts, feelings or sensations without labeling, we can create space to be less reactive to anxiety.
    • Use our bodies to calm down: When we are anxious, we experience sensations in our body like tight muscles or shallow breathing. We can do deep breathing, relax our muscles, or move our bodies to feel better.
    • Connect with others: When we feel alone in holding our anxious feelings, we can reach out with someone we trust to remind us that we are not alone. Sharing with others can help us as well as the other person.

    Helping Our Kids Handle Anxiety

    For parents, Doechii’s song also could open doors to talking about anxiety with our kids, especially our teens. When our kids are feeling mixed up inside, hearing a parent say, “I totally get this song – sometimes I feel just like it” could help. When we share our own worries while talking through healthy coping options, we teach important life skills. This doesn’t mean that we should dump adult problems on our kids. It’s about showing kids how to acknowledge and work through those tough feelings like tension or worried thoughts.

    Here are simple things parents can try:

    • Talk out loud about your own experiences: When you feel worried, say something like: “I’m nervous about my big meeting tomorrow. My heart is beating fast and my throat feels tight. I need to try something to calm my body down. I’m going to take five deep breaths and see what happens.”
    • Discuss the difference between helpful and unhelpful worry: Talk through situations about when worry could actually be useful (I need to plan out when and how to study for this test) and when it might be taking over (If I don’t ace this test, I won’t do well in anything and there goes my future). Notice opportunities to catch and shift unhelpful feelings before they spin even bigger.
    • Create solutions together: Work together to come up with simple activities that family members can use when feeling anxious—like a special way of deep breathing, counting things you can see in the room, or shaking out your arms and legs to release tension.
    • Have kids take the lead in solutions: Instead of jumping in to fix kids’ feelings of anxiety, try first asking them to share what’s happening. Let them take the lead in answering “What could we try?” Encouraging their problem solving in the moment helps build skills for handling future worries on their own.

    Doechii has created more than entertainment with “Anxiety”; she’s offered a useful tool for our times. We identify with it because anxiety is a likely visitor throughout our lives, and especially now. Let’s use the song to shine light on our capacity to respond in healthy ways. We have a shared role in deciding what to do when anxiety shows up, an important lesson for both caregivers and kids.

    MIL OSI USA News

  • MIL-OSI: Bitcoin Solaris Unveils Helios Security System: Safer Than Bitcoin with 10x Growth Potential

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 01, 2025 (GLOBE NEWSWIRE) — Bitcoin is legendary, but even legends can be improved. As security threats and scalability challenges rise, the crypto community has been searching for a blockchain that delivers both safety and growth potential. Enter Bitcoin Solaris (BTC-S) and its new Helios Security System — a breakthrough that promises more protection than Bitcoin and the speed of Solana, with serious room to grow.

    If you’re looking for a smart, secure, and scalable crypto investment, this might be your moment.

    Understanding the Helios Security System

    The Helios Security System is Bitcoin Solaris’s built-in defense and governance framework, designed to protect users, assets, and decentralized applications.

    It’s more than just a security layer — it’s a comprehensive system combining blockchain best practices with innovative tools that safeguard user interactions on the Bitcoin Solaris network.

    What Makes Helios Stand Out?

    • Integrated Across All Layers: Operates on both the base layer (security) and the Solaris layer (smart contracts and DeFi apps)
    • Zero-Knowledge Privacy Features: Users can opt into enhanced privacy for sensitive transactions
    • On-Chain Governance: Token holders vote on upgrades and policies, preventing centralized control
    • Validator Auditing and Automation: Delegated validators are selected based on performance and trust metrics
    • Constant Smart Contract Monitoring: All deployed contracts pass through ongoing audits and bug bounty programs

    By embedding Helios into its dual-consensus system, Bitcoin Solaris ensures the entire blockchain is secure — not just the base layer.

    The Future of Bitcoin Starts Here—Be Part of BTC-S

    What Makes Bitcoin Solaris Different?

    Bitcoin Solaris is more than just a secure blockchain — it’s an all-in-one ecosystem designed for everyday users, investors, and developers.

    Built for Performance and Protection

    • Dual-Consensus System: Combines Proof-of-Work (PoW) for unbeatable security and Delegated Proof-of-Stake (DPoS) for fast, scalable transactions
    • Up to 10,000 Transactions Per Second: With 2-second finality across the Solaris Layer
    • Massive Energy Efficiency: Uses 99.95% less energy than traditional Bitcoin mining
    • Cross-Platform Mining: Smartphones, laptops, and mining rigs all supported through the Solaris Nova App
    • Smart Tokenomics: 21 million fixed supply with 66.67% allocated to mining, creating sustainable distribution

    The Role of Liquid Staking in Network Safety

    Bitcoin Solaris enhances the user experience with liquid staking, giving token holders the ability to stake without locking their tokens.

    • Earn rewards with sBTC-S tokens (1:1 ratio)
    • Use staked tokens across DeFi apps while still earning
    • Support network decentralization by distributing stake across multiple validators
    • Gain voting power to steer platform direction

    Why Solana? Why Now?

    Solana’s blockchain is known for its speed and low fees, but it lacked the strong, Bitcoin-style security model. Bitcoin Solaris bridges that gap.

    By launching on Solana, Bitcoin Solaris leverages:

    • Fast processing
    • Reliable infrastructure
    • A vast developer ecosystem
    • Low-cost transactions

    Once the native Bitcoin Solaris chain goes live, tokens will migrate seamlessly, preserving speed and adding even more security at the protocol level.

    Positioned for Growth with Built-In Scarcity

    Bitcoin Solaris has locked its total token supply at 21 million BTC-S, mirroring Bitcoin’s proven model of digital scarcity.

    This limited supply, combined with audited smart contracts, real-world utility, verified contributers, and cutting-edge infrastructure, creates the perfect storm for long-term investor growth.

    With only three months of presale, early participants have a unique window to position themselves before BTC-S gains broader exposure.

    Conclusion

    The launch of the Helios Security System signals a new era for blockchain safety — one where decentralization, privacy, speed, and real-world use cases can finally work together in harmony. Bitcoin Solaris isn’t just a safer version of Bitcoin — it’s a faster, smarter, and more accessible evolution.

    Backed by Solana technology and driven by a strong, sustainable ecosystem, Bitcoin Solaris offers far more than promises. It offers the infrastructure to actually deliver — and the timing couldn’t be better.

    BTC-S Isn’t Just Another Coin—It’s a New Chapter in Bitcoin

    For more information on Bitcoin Solaris:

    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Contact:
    Xander Levine
    info@bitcoinsolaris.com

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

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    Photos accompanying this announcement are available at
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    The MIL Network

  • MIL-OSI: Unmanned Drones Carrying Bathymetric Lidar Systems Being Utilized to Cover Larger Areas Quickly

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 01, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – LIDAR is being used in more industries across all markets and in many environments… one of which is water. People have studied the underwater depth of river, sea, and ocean floors for thousands of years to be able to safely navigate boats through the water. Today, such depth measurements are done using advanced technology that includes either sound (sonar), or laser pulses (LiDAR). The study of underwater topographies is called bathymetry, whereas studying underwater depths is known under terms such as seafloor mapping or imaging. According to a recent report from Precedence Research the global LiDAR market, including bathymetric LiDAR, is projected to reach a substantial $13.74 billion by 2033, growing at a CAGR of 21.56% from 2024 to 2033. This growth is driven by increased adoption in various sectors, including autonomous vehicles, infrastructure development, and environmental applications like forestry and flood modeling. A recent article by an industry insider said: “Bathymetric LiDAR was first used to detect submarines. However, many more applications have been developed that use bathymetric LiDAR as a result of advancing sensor technology. With smaller platforms including unmanned drones and small helicopters that can carry heavier payloads, bathymetric LiDAR systems can cover large areas quickly and capture accurate 3D data that includes the seabed and surrounding terrain of different water bodies.   Over time, bathymetric LiDAR has proven to be a fast, reliable, accurate, and safe technique for rapidly mapping nearshore waters, beaches, coastal engineering structures, and more. Compared to traditional methods, such as sonar-based systems or manual depth soundings, bathymetric LiDAR can generate more detailed and precise maps of underwater topography. It also allows for seamless mapping of both water and surrounding land, with the ability to reach up to three times the visible water depth.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), AeroVironment (NASDAQ: AVAV), Teledyne Technologies Incorporated (NYSE: TDY), Ouster, Inc. (NASDAQ: OUST).

    The article continued: “The advantage of using green light for bathymetric LiDAR is that it penetrates further into the water than other frequencies, to capture deeper depths that standard bathymetry methods may miss. Green light also scatters less off suspended particles than other wavelengths, reducing inaccuracies caused by suspended sediment or algae in the water column.   Bathymetric LiDAR is also a more sustainable and safer option for underwater mapping as it doesn’t require expensive and fuel-consuming survey vessels, or people entering the water. These might get lost or injured during surveys, while the use of bathymetric LiDAR sensors eliminates such potential risks. Bathymetric LiDAR technology offers rapid, accurate, and cost-effective data collection for hydrographic surveying, which involves measuring the physical features of water bodies (depth, currents, and underwater topography). Using bathymetric LiDAR, submerged archeological sites are found and studied, such as ancient shipwrecks and submerged settlements.”

    ZenaTech’s (NASDAQ:ZENA) Drone as a Service (DaaS) Offerings Expand to Bathymetric Surveys for Underwater Terrain Mapping for Commercial and Government Customers ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces its DaaS offerings have expanded to include bathymetric surveys, a specialized method of mapping underwater terrain using drones equipped with sonar. These surveys are important for critical underwater depth and contour data to support maintenance, dredging, environmental planning, and aquatic development for both commercial and government customers.

    ZenaTech’s DaaS bathymetric surveys are now available in South Florida through the recently acquired Wallace Surveying where the team has both golf course and Intracoastal Waterway project relationships and surveying expertise. Utilizing advanced sonar and ZenaDrone drones, high-resolution underwater maps help customers make informed decisions ─ from enhanced water management and lake and channel design strategies, to ensuring long-term sustainability.

    “The Wallace team brings key customer relationships and bathymetric survey expertise that will enhance our national DaaS drone offerings. Bathymetric surveys using aerial drones offer faster, safer, and more cost-effective data collection, especially in hard-to-reach or hazardous environments. Unlike conventional manned survey vessel methods, drones require fewer personnel, reduce operational risks, and can access shallow or narrow areas with greater precision,” said CEO Shaun Passley, Ph.D.

    According to DataIntelo market research, the global Bathymetry Survey Sonar Market was valued at approximately $1.2 billion in 2023, this market is projected to reach $2.1 billion by 2032, growing at a CAGR of 6.2%. This encompasses sonar systems utilized in bathymetric surveys, including those deployed on drones.

    ZenaTech’s DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of service solutions from land surveys to power line inspections or power washing, made accessible and cost effective through an Uber-like business model on a regular subscription or pay-per-use basis. Customers can conveniently access drones for eliminating manual or time-consuming tasks achieving superior results, such as for surveying, inspections, security and law enforcement, or precision farming applications, without having to buy, operate, or maintain the drones themselves.

    The DaaS business model offers customers such as government agencies, real estate developers, construction firms, farmers or energy companies reduced upfront costs as there is no need to purchase expensive drones, as well as convenience, as there is no need to manage maintenance and operation. The model also offers scalability to use more often or less often based on business needs and enables access to advanced drone technology sensors or attachments without the need for specialized training.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the markets include:

    AeroVironment (NASDAQ: AVAV), a global leader in intelligent, multi-domain autonomous systems, recently announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP® 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineering services, initial sustainment and onsite technical support – ensuring rapid fielding and operational readiness from day one.

    JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 30 pounds of payload capacity, 13+ hours of endurance and an operational range of 185 km (115 mi). Purpose-built for expeditionary operations, the system can be stored and transported with ease and autonomously launched and recovered without personnel intervention, making it ideal for dynamic on-the-move operations.

    In a new whitepaper, Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE: TDY), says that emerging cost-effective precision strike solutions that can be safely recovered and reused offer a strong alternative to more commonly deployed ‘One-Way Attack’ or First Person View (FPV) drones.

    In the new paper, USE IT, DON’T LOSE IT: The Case for Recoverable and Reusable Loitering Munitions, FLIR Defense argues that newer, advanced loitering munition unmanned aircraft systems (LMUAS) are better suited to support operations in the ‘atmospheric littoral.’ An emerging strategic concept, the atmospheric littoral describes the very low-altitude airspace (up to several hundred feet above ground level) which, if controlled, can significantly enhance the ground maneuver of combat units.

    Ouster, Inc. (NASDAQ: OUST) recently announced the launch of a cloud portal for Ouster Gemini, its digital lidar perception platform for security, intelligent transportation systems, crowd analytics, and logistics. With the cloud portal, users can seamlessly configure, manage, and view all of their on-premise Ouster Gemini lidar deployments through a unified interface.

    Ouster Gemini combines Ouster’s 3D digital lidar with AI-powered perception software to accurately detect, classify, and track people and vehicles, even in adverse weather or low light conditions. The solution offers seamless integration with video management systems and traffic controllers, delivering high-performance real-time 3D situational awareness to enhance security, safety, and operational efficiency.

    Draganfly Inc. (NASDAQ: DPRO), an industry-leading developer of drone solutions and systems, recently announced the formation of its Public Safety Advisory Board. This new initiative reinforces Draganfly’s commitment to delivering cutting-edge, mission-critical technologies that support enforcement and public safety agencies worldwide. Renowned global public safety expert and Homeland Security advisor Paul Goldenberg will serve as the inaugural Chair of the Board.

    With more than 30 years of experience in law enforcement, global security, and national intelligence, Goldenberg brings unparalleled expertise to the role. Recently named America’s Most Influential Person in Homeland Security, he has advised U.S. Presidents, members of Congress, and international security bodies on counterterrorism, cybercrime, and public safety. As a former senior member of the U.S. Department of Homeland Security Advisory Council (HSAC), Goldenberg led pivotal initiatives, including the DHS Cybersecurity Task Force and the Countering Foreign Influence Task Force. He currently serves as Chief Advisor for Policy and International Policing at the Rutgers University Miller Center on Policing, a Distinguished Visiting Fellow for Transnational Security at the University of Ottawa, and a member of the National Sheriffs’ Association Southern Border Security Committee.

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    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Buxton Helmsley Announces Corporate Transformation, Director and Officer Appointments

    Source: GlobeNewswire (MIL-OSI)

    Announces Recent Corporate Transformation and Further Plans Involving Reimagined Enterprise

    Announces Commencement of USD$50mm Private Placement of Common Stock Ownership in Buxton Helmsley Parent Company, Having Received Immediate Subscriptions, and Exploring Possible Direct Listing on New York Stock Exchange

    Substantial Majority of Offering Proceeds to Be Temporarily Allocated Toward Launch of Inaugural Fund, with Parent Company Investors Obtaining Fee-Free Indirect Fund Exposure and Unique Economic Benefits Not Experienced by Unaffiliated Limited Partners

    Alexander E. Parker, Ranked Among the Top 15% of Global Activist Investors by Engagement Volume According to Bloomberg’s “Activism League Tables,” Appointed as Chairman of the Board and Chief Executive Officer

    Appoints Independent Financial Industry Veterans Charles Garcia, Rumbi Petrozzello, and Beth Haddock to Board of Directors

    Appoints Tenured Financial and Venture Capital Professional Johnathan Flickinger as Executive Vice President and Chief Financial Officer

    Appoints Former BNP Paribas and UBS Equity Research Head Weiyee In [ 維一as Head of Capital Markets Research

    Plans to Form The Buxton Helmsley Foundation, to Begin Operations in Q4 2025

    NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — Buxton Helmsley, Inc. (together with certain of its affiliates, “BH”, “we”, or the “Company”), a New York City-based alternative asset manager, today announced a series of actions taken between February and April 2025. These initiatives follow the continued success of its flagship low-correlation defensive activism strategy, which has consistently captured opportunities across market cycles. BH has also unveiled plans involving a USD$50 million private placement of common stock in parent company Buxton Helmsley, Inc. (offering unique benefits to investors distinct from underlying BH fund offerings):

    • Commencement of USD$50 Million Private Placement of Common Stock in Parent Company, Buxton Helmsley, Inc. – BH has commenced a Rule 506(c) private placement of USD $50 million of common stock (the “New Private Offering”). Immediately prior to commencement (under Rule 506(b)), BH secured initial subscriptions. A substantial majority of the proceeds from the New Private Offering will be allocated to sponsoring BH’s inaugural investment fund, carrying forward an expanded version of the defensive activism strategy developed by Alexander E. Parker. This initiative further solidifies the Buxton Helmsley name among the top 15% of global activist investors by engagement volume, as ranked within Bloomberg’s “Activism League Tables.” BH has also begun exploring a potential direct listing of its common stock on the New York Stock Exchange.

      BH is preparing to launch its largest investor advocacy initiative to date, targeting a global corporation with a market capitalization of over $5 billion. Evidence of extensive insider trading among senior executives and “hush money” payments to whistleblowers is anticipated to drive an immediate, majority board refresh, allowing for BH to thereafter unlock significant operational and financial improvements. Given the anticipated media coverage and heightened investor interest once the initiative becomes public, pricing for future BH common stock sales will likely be adjusted upward following the public disclosure of this latest and largest campaign. Prospective investors wishing to participate under the current terms of the New Private Offering are encouraged to inquire about investing before the public announcement.

      Interested investors should inquire via e-mail at ir@buxtonhelmsley.com.

    • Commencement of Investor Discussions and Acceptance of New Private Offering Subscriptions – BH has initiated discussions with investment banks, high-net-worth individuals, family offices, and institutional investors, and has begun accepting New Private Offering subscriptions. All investors must be accredited, and reasonable steps will be taken to verify accreditation in accordance with U.S. securities laws. The New Private Offering is not being conducted in any jurisdiction where such an offering would be unlawful under that jurisdiction’s securities laws, and eligibility screening will apply to all investors, regardless of domicile.
    • Appoints Financial Industry Veterans Charles Garcia, Rumbi Petrozzello, and Beth Haddock to Board of Directors:
      • Charles Garcia – Mr. Garcia serves as the Chair of the Nominating and Governance Committee and a Member of Audit Committee at BH, where he contributes his expertise in executive leadership, corporate governance, and financial oversight. With significant experience across capital markets and financial services, he brings valuable perspective to the Company’s leadership structure. Before joining BH, Mr. Garcia founded Climb Leadership International, a company dedicated to fostering leadership excellence at Fortune 500 companies, financial institutions, and financial technology firms. His distinguished career includes serving as a Managing Director at Citadel and Director of Business Development at BlackRock. Mr. Garcia began his professional journey at Bloomberg LP, where he spearheaded the company’s strategic expansion across Latin America. Beyond his corporate achievements, Mr. Garcia has made significant academic contributions as an adjunct professor at Columbia University, and as a professor and Assistant Dean at Long Island University Post’s School of Business. His combined experience in financial markets, leadership development, and academia provides BH with comprehensive governance expertise.
      • Rumbi B. Petrozzello, CPA CFF CFE – Ms. Petrozzello serves as the Chair of the Audit Committee and a Member of the Nominating and Governance Committee at BH, where she contributes her extensive expertise in accounting, forensic investigation, and compliance oversight. As a Certified Public Accountant (CPA), Certified in Financial Forensics (CFF), and a Certified Fraud Examiner (CFE), she brings critical financial governance skills to the firm’s leadership team. Before joining BH, Ms. Petrozzello established herself as a principal at Rock Consulting, where she provides specialized consulting services focused on internal control adequacy and litigation support for accounting and financial matters. At Seramount, a professional services and research firm, she serves as Head of Strategy, Consulting, driving initiatives to advance high-performing, inclusive workplaces. Her leadership experience includes serving as past President of the New York State Society of CPAs, in addition to actively serving as a member of the Board of Directors of the American Institute of Certified Public Accountants (AICPA). Ms. Petrozzello’s combination of forensic accounting expertise, strategic consulting experience, and professional leadership provides BH with exceptional financial oversight capabilities.
      • Beth Haddock, Esq. – Ms. Haddock serves on the Audit Committee and the Nominating and Governance Committee at Buxton Helmsley, bringing over 25 years of strategic leadership in financial services, fintech, and corporate governance. She has held leadership roles across diverse environments, from large public multinationals to privately held startups, with revenues ranging from under $100 million to over $10 billion. Her background includes leadership roles at AXA S.A., Brown Brothers Harriman, Guggenheim Investments, and AdvisorEngine (acquired by Franklin Templeton), driving growth through strategic corporate development, risk management, and operational execution. Beth’s expertise spans finance, regulation, and market development, with notable initiatives including the launch of new European Union service centers, successful government grant applications, compliance program redesigns, and global fund expansion. With over seven years of experience in emerging technologies, she is well-versed in regulatory strategy, compliance, and litigation. Beth has led high-impact legal and compliance departments, holds a patent for measuring return on investment with relation to compliance initiatives, and is the author of Triple Bottom-Line Compliance, where she advocates for pragmatic, sustainable governance frameworks that deliver protection, productivity, and long-term value.
    • Appoints Alexander E. Parker as Chairman of the Board and Chief Executive Officer – Mr. Parker’s defensive and transformative investor engagement campaigns have resulted in the Buxton Helmsley name, over the course of approximately a decade, being ranked among the top 15% of global activist investors (according to Bloomberg, based on investor engagement volume). With a proven track record of impact-oriented investing to resolve market integrity issues and to catalyze positive corporate transformations, Mr. Parker has successfully led the firm’s investor advocacy initiatives by combining straightforward business acumen with a deep knowledge of securities, accounting, and legal obligations at publicly traded companies. Before establishing his leadership at BH, Mr. Parker built a reputation as an effective whistleblower, with securities regulators subsequently charging violations at entities he identified. His investor engagement campaigns have gained recognition in prestigious publications, including The Harvard Law School Forum on Corporate Governance. Mr. Parker studied finance and economics at Mercy University of New York City, where he participated in the school’s honors business program. Based in Manhattan, he maintains an influential network that advances Buxton Helmsley’s investor objectives. Mr. Parker has been featured in leading financial publications including The Wall Street Journal, Bloomberg, MarketWatch, The Irish Times, and TheStreet.com. As a licensed investment professional through the Financial Industry Regulatory Authority (FINRA) and a FINRA-appointed arbitrator, he brings additional credibility and regulatory insight to his leadership role.
    • Appoints Johnathan J. Flickinger as Executive Vice President and Chief Financial Officer – Mr. Flickinger has been appointed to serve as Executive Vice President and Chief Financial Officer at BH, bringing nearly a decade of experience in financial management and private equity operations. His career spans public multinational organizations and high-growth startups, where he has led initiatives to scale internal operations and strengthen financial reporting. Prior to joining BH, Mr. Flickinger held roles at AngelList, Unilever, and The Livekindly Collective. He has overseen compliance operations for emerging venture firms, global financial planning and analysis initiatives, and has included implementation of post-acquisition financial reporting controls across international organizations. Before joining BH, Johnathan founded a venture-backed fintech company delivering an AI-native solution for registered investment advisors. Recognized for his ability to build scalable financial infrastructure, Mr. Flickinger brings to the firm a distinctive blend of corporate finance acumen, entrepreneurial perspective, and strategic leadership.
    • Appoints Weiyee In [ 維一] as Head of Capital Markets Research – Mr. In serves as the Head of Capital Markets Research and Chair of the Expert Advisory Board at BH, where he leverages his extensive background as a publishing Wall Street analyst and senior executive at global financial institutions. With expertise spanning technology, media, and telecommunications (TMT) equities, Mr. In has played a pivotal role in shaping investment strategies across multinational banks, including UBS and BNP Paribas. Mr. In has also engaged in digital asset custody and institutional trading at several chartered financial institutions. Over his career, he has held leadership roles in equity research, sustainability strategy (ESG), and regulatory advisory, developing AI-driven solutions for financial compliance frameworks such as MiFID II, GDPR, and AML/KYC regulations. A native of New York City, Mr. In has spent much of his career as an expatriate, working in London, Paris, Hong Kong, Taiwan, and across Southeast Asia. As an active angel investor and advisor, he has contributed to fintech, AI, data analytics, and industrial automation startups across Asia and Europe. His work in digital ledger technology (DLT) integration, trade analytics, and financial custody solutions has driven innovation in institutional investment and regulatory compliance.
    • Revocation of Historical “Buxton Helmsley” Trademark Licensees – On February 24, 2025, BH acquired the “Buxton Helmsley” trademark and related intellectual property (the “BH IP”) from BH founder Alexander E. Parker. Immediately prior to BH’s acquisition of the BH IP, Mr. Parker formally revoked the authorization to use the BH IP from two unaffiliated entities (Buxton Helmsley Holdings, Inc. and The Buxton Helmsley Group, Inc.), both of which have no shared economic interest or affiliation with BH. BH expressly disclaims any and all activities of these entities for which it is entirely unaffiliated. Immediately after BH’s acquisition of the BH IP, BH filed for formal registration of the BH IP with the USPTO.
    • Formation of Buxton Helmsley USA, Inc. – Following the formation and acquisition of the BH IP, BH formed Buxton Helmsley USA, Inc., a newly-registered exempt reporting advisor, having filed the necessary documents with the State of New York.
    • Plans to Form The Buxton Helmsley Foundation in Q4 2025 – As part of its continuing commitment to driving positive public impact, BH plans to establish The Buxton Helmsley Foundation (the “BHF”) in Q4 2025. Concurrent with the formation of BHF, BH will appoint a board of trustees to manage the charitable affairs of BHF. BHF will focus on strategic philanthropy, including medical research and innovation, development of education and economic opportunity, and whistleblower protection. BHF will manage its endowment, comprised of contributions from BH and external donors, to drive a long-term and sustainable impact.

      Mr. Parker intends to donate to BHF his direct personal economic interest in a pending lawsuit filed against defendants Assertio Holdings, Inc. and its Chief Executive Officer, Brendan P. O’Grady. The suit alleges defamation per se (the “Assertio Defamation Claim”) arising from the defendants’ response to a scheme of clinical data fraud alleged by multiple former executives-turned-whistleblowers of an Assertio subsidiary (specifically, Spectrum Pharmaceuticals, Inc., the maker of cancer drug Rolvedon, previously clinically tested as Rolontis). Mr. Parker will request that the BHF board of trustees earmark such funds for allocation to cancer-focused causes.

      To view the official court filing for Mr. Parker’s Assertio Defamation Claim: https://www.buxtonhelmsley.com/asrt/

      The official court transcript from the most recent hearing in which Mr. Parker is a party to (though, BH and its affiliates are not a party to): https://www.buxtonhelmsley.com/asrt/

    “This transformation marks a defining moment in Buxton Helmsley’s trajectory,” said Alexander E. Parker, Chairman and Chief Executive Officer. “What was once a broader, multi-pronged enterprise has now been reimagined as a focused, high-conviction enterprise dedicated solely to alternative asset management. With this sharpened mission and a newly fortified leadership team of industry-leading professionals, Buxton Helmsley is positioned to deliver institutional-grade strategy, integrity-driven investing, and scalable impact. The launch of our $50 million private offering, alongside the formation of The Buxton Helmsley Foundation, underscores our commitment to shaping capital markets and societal outcomes alike, with both precision and purpose, to leave a long-term legacy.”

    Accredited investors interested in the USD$50 million New Private Offering may obtain more details at: https://www.buxtonhelmsley.com/news-and-insights/announcements/our-next-chapter

    About Buxton Helmsley

    Buxton Helmsley, Inc. is a New York City-based alternative asset management firm, managing both active and passive investment strategies across a range of asset classes, with a general focus on opportunities in North America and Europe. The firm’s investment approach is based on deep fundamental analysis and risk management, with a focus on ensuring disclosure obligations are being upheld under applicable accounting standards and securities laws.

    Disclosures Related to Private Offering

    The information provided within this press release by Buxton Helmsley, Inc. (“BH”) and its affiliates is for informational purposes only and does not constitute an offer to sell or a solicitation to buy any securities or investment products. This information does not constitute investment, legal, tax, or other advice. BH makes no representation or warranty as to the accuracy, completeness, or reliability of the information contained herein.

    BH is an alternative asset manager and has not been and will not be registered under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act”) and, as such, investors will not be entitled to the benefits of the Investment Company Act. Investments in BH may involve a high degree of risk and may employ speculative investment practices. Past performance is not indicative of future results. The value of investments may fluctuate, and investors may lose the entire amount invested. Investment in any of the investment funds or securities offered by BH is available only to eligible investors pursuant to the relevant offering documents, which should be read in their entirety.

    BH and its affiliates, officers, directors, employees, and agents shall have no liability for any loss or damage arising from reliance on the information contained herein. Access to this website may be restricted under the securities laws in certain jurisdictions. Readers should verify that they are permitted to access this information under applicable law, given that this information may be republished. BH disclaims any and all liability for any unlawful access to this information.

    Cautionary Statement Regarding Forward-Looking Statements

    The information herein contains “forward-looking statements.” Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as “may,” “will,” “expects,” “believes,” “anticipates,” “plans,” “explores,” “estimates,” “projects,” “potential,” “targets,” “forecasts,” “seeks,” “could,” “should” and/or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe our objectives, plans, or goals are forward-looking and are subject to various risks, uncertainties, and assumptions. There is no assurance that any idea or assumption herein is, or will be proven, correct, or that any of the objectives, plans or goals stated herein will ultimately be undertaken or achieved. If one or more of such risks or uncertainties materialize, or if any of BH’s underlying assumptions prove to be incorrect, any actual results may vary materially from any outcomes indicated or suggested by these statements. Accordingly, any and all forward-looking statements should not be regarded nor interpreted as a representation by BH that any and/or all future plans, estimates, or expectations contemplated will ever be achieved.

    The MIL Network

  • MIL-OSI: NOTICE OF VIRTUAL ANNUAL GENERAL MEETING OF COINSHARES INTERNATIONAL LIMITED ON 30 MAY 2025

    Source: GlobeNewswire (MIL-OSI)

    Notice is hereby given that the Annual General Meeting of CoinShares International Limited (the “Company”) will take place on Friday, 30 May 2025 at 14:00 BST in the form of a hybrid virtual event at 2 Hill Street, St Helier, Jersey, JE2 4UA.

    The entire Annual General Meeting will be broadcast live online (audio and video) via Wavecast.io and will be open for all shareholders who are entered in the Company’s stock register on the record day of the Annual General Meeting. The exercise of shareholder rights, in particular the exercise of voting rights, requires registration for the meeting in due time and in the proper form and will be performed by poll during the meeting or by granting power of attorney to Company proxies. The location of the Annual General Meeting for the purposes of the minutes is the Company’s registered office, 2 Hill Street, St Helier, Jersey, JE2 4UA. 


    RIGHT TO ATTEND THE ANNUAL GENERAL MEETING AND NOTICE

    Shareholders wishing to attend the Annual General Meeting must:

    1. on the record date, which is 16 May 2025, be registered in the Company’s share register maintained by Euroclear Sweden AB. Shareholders, whose shares are registered in the name of a nominee, must temporarily register the shares in their own name at Euroclear Sweden AB. Shareholders whose shares are registered in the name of a nominee must, no later than 15 May 2025, via their nominee, temporarily register the shares in their own name in order to be entitled to participate at the general meeting. In order to re-register shares in time, shareholders should make the request via their nominee in good time before this date.
    2. notify the Company of any intended participation at the general meeting no later than 15 May 2025. Notice of participation at the general meeting may be given by following the registration instructions detailed on the Reports Portal on the Company’s website or here. Upon notification, the shareholder must state their full name, personal identification number (date of birth for non-Swedish investors) or corporate registration number, postal and email address, as well as the number of shares held.

    PROPOSED AGENDA

    1. Opening of the Annual General Meeting
    2. Election of the Chairman of the Annual General Meeting
    3. Preparation and approval of voting list
    4. Approval of the agenda
    5. Determination of whether the general meeting has been duly convened
    6. Election of one person to certify the minutes
    7. Presentation of the Annual Report, consolidated financial statements and the audit report
    8. Resolution regarding the adoption of the group income statement and group balance sheet
    9. Determination of the number of members of the Board of Directors and the number of Auditors
    10. Determination of remuneration to the Board of Directors and the Auditor
    11. Election of the Board of Directors and the Auditor
    12. Resolution on the approval of the Board of Director’s Remuneration Report
    13. Resolution regarding authorising the Board of Directors to decide on repurchase and transfer of own shares
    14. Resolution regarding amendments to the Company’s articles of association
    15. Closing of the Annual General Meeting

    PROPOSALS FOR RESOLUTIONS

    ITEM 2: OPENING OF THE MEETING AND ELECTION OF CHAIRMAN OF THE GENERAL MEETING

    The Nomination Committee, appointed in accordance with the instruction for the Nomination Committee as resolved by the Annual General Meeting on 20 June 2022 and comprising of the Chairman of Nomination Committee, Michael Carlton (appointed by Daniel Masters), Jean-Frédéric Mognetti (appointed by Mognetti Partners Limited),  Paul Davison (appointed by Russell Newton) and Johan Lundberg (representative of the Board of CoinShares International Limited), proposes that Daniel Masters, Chairman, be appointed as the Chair of the Annual General Meeting 2025.

    ITEM 3: PREPARATION AND APPROVAL OF THE VOTING LIST

    The voting list proposed for approval is the voting list drawn up by the Company Secretary, based on the register of shareholders provided by Euroclear Sweden AB, shareholders having given notice of participation and being present at the Meeting, and postal votes received.

    ITEMS 9-11: DETERMINATION OF REMUNERATION TO THE BOARD OF DIRECTORS AND THE AUDITORS, ELECTION OF THE BOARD OF DIRECTORS AND THE AUDITORS AND ELECTION OF THE CHAIRMAN OF THE BOARD OF DIRECTORS

    The Nomination Committee proposes that:

    Item 9

    The Board of Directors shall consist of 6 directors and that the Company should have one registered public auditor’s firm as auditor. 

    Item 10

    To increase the remuneration of the Board of Directors to the amount of GBP 70,000 per annum to each of the non-employed Directors, which includes all committee membership and committee chair positions. The proposed increase in the remuneration reflects the increased responsibilities associated with the move to the regulated segment of Nasdaq Stockholm in 2022, as well as ensuring that the Company can continue to attract and retain the right candidates for the Board of Directors. It is proposed that remuneration to the Chairman remain unchanged at GBP 125,000 per annum, provided that the Chairman is not an employee.

    Remuneration to the Auditor be paid in accordance with approved invoices.

    Item 11

    For the period up to the end of the Annual General Meeting in 2026, Jean-Marie Mognetti, Carsten Køppen, Johan Lundberg, Viktor Fritzén and Christine Rankin be re-elected as members of the Board of Directors and that Daniel Masters be re-elected as the Chairman of the Board.

    Baker Tilly International (including any of its affiliates or member firms) (collectively, “Baker Tilly”) be elected to serve as the Company’s auditor for the period ending at the conclusion of the Annual General Meeting in 2026, unless the Board elects to appoint another audit firm that, at the time of appointment, audits an equal or greater number of Securities and Exchange Commission (SEC) registrants than Baker Tilly, based on the most recent data published by a recognized and independent provider of audit industry data, such as Audit Analytics or a comparable organization that tracks and reports on the number of SEC registrants audited by accounting firms. Information regarding the candidates nominated by the Nomination Committee for re-election to the Board of Directors is available on the Company’s website under the Investor Relations section.

    ITEM 12: RESOLUTION ON APPROVAL OF THE BOARD OF DIRECTOR’S REMUNERATION REPORT 

    Under the Swedish Corporate Governance Code, the Board of Director’s is required to prepare a report for each financial year regarding paid and outstanding remuneration to Board members, the CEO and the deputy CEO who are covered by the guidelines. As the Company has no deputy CEO and the Board members do not receive any remuneration other than that decided by the Annual General Meeting, the report for the financial year 2024 only covers the Company’s CEO. According to the Swedish Corporate Governance Board’s rules on remuneration to senior executives and on incentive programs, the report must contain an overview of each of the outstanding and concluded incentive programs completed during the year.

    The Board of Directors suggests that the Annual General Meeting approve the remuneration report for the financial year 2024.

    ITEM 13: RESOLUTION REGARDING AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON REPURCHASE AND TRANSFER OF OWN SHARES 

    The Board of Directors proposes that the Annual General Meeting resolves to authorise the Board of Directors to decide on purchases of the Company’s own shares in accordance with the following, main terms:

    1. Share repurchases may be made on Nasdaq Stockholm or any other regulated market.
    2. The authorisation may be exercised on one or more occasions before the 2026 Annual General Meeting.
    3. The maximum number of own shares that may be repurchased so that the Company’s holding of shares at any given time does not exceed 15% of the total number of shares in the Company.
    4. Repurchases of the Company’s own shares on Nasdaq Stockholm (or any other regulated market) may only be made at a price of no more than 5% above the average trading price of the 5 business days prior to the repurchase.
    5. Payment for the shares shall be made in cash.

    In addition, the Board of Directors proposes that the Annual General Meeting resolves to authorise the Board of Directors to decide on transfer of own shares, with or without deviation from the shareholders’ preferential rights, in accordance with the following, main terms:

    1. Transfers may be made on (i) Nasdaq Stockholm or (ii) outside of Nasdaq Stockholm in connection with the acquisition of companies, operations, or assets.
    2. The authorisation may be exercised on one or more occasions before the 2026 Annual General Meeting.
    3. The maximum number of shares that may be transferred corresponds to the number of shares held by the Company at the point in time of the Board of Directors’ decision on transfer.
    4. Transfers of shares on Nasdaq Stockholm (or any other regulated market)  may only be made at a price of no more than 5% above the average trading price of the shares 5 business days prior to the transfer. For transfers outside of Nasdaq Stockholm, the price shall be set so that the transfer is made at market terms, except for delivery of shares in connection with employee stock option programs.
    5. Payment for transferred shares may be made in cash, through in-kind payment, or through set-off against claims with the Company.

    The purpose of the authorisations is to give the Board of Directors greater scope to act and the opportunity to adapt and improve the Company’s capital structure and thereby create further shareholder value, and/or capitalise on or take advantage of any attractive acquisition, investment or related opportunities. The authorisation may also be used in order to enable delivery of shares in connection with employee stock option programs.

    The Board of Directors shall have the right to decide on other terms for repurchases and transfers of own shares in accordance with its authorisation. The Board of Directors also has the right to authorise the Chairman, the CEO, or the person designated by the Board to make such minor adjustments that may be necessary in connection with the execution of the Board’s decision to repurchase or transfer shares.

    A valid resolution in favour of the Board’s proposal requires the approval of shareholders with at least sixty-seven percent (67%) of the votes and shares represented at the Annual General Meeting.

    ITEM 14: RESOLUTION REGARDING AMENDMENTS TO THE COMPANY’S ARTICLES OF ASSOCIATION

    The Board of Directors proposes that the Company’s Articles of Association be amended by deletion of the existing articles 3.6.2, 17.2.7 and 24.12 and the insertion of new articles 3.6.2, 17.2.7 and 24.12 as follows:

    “3.6.2            the Directors may, by unanimous consent only, during any period of two consecutive calendar years, resolve to allot and issue in one or more tranches such number of ordinary shares (including, for the avoidance of doubt, any shares issued pursuant to, in connection with or upon conversion of any subsequently issued convertible bonds) as does not in the aggregate exceed twenty five percent (25%) of the total number of ordinary shares in issue (excluding any ordinary shares held in treasury) at 9am on 1st January of such year (rounded down to the nearest whole share), without the offer, issue  or allotment of such shares or the issue or conversion of any subsequently issued convertible bonds being subject to the provisions of Article 3.2 provided always that any such allotment, issue, or conversion is effected solely in connection with bona fide transactions for business purposes only (and for the avoidance of doubt the terms of this Article 3.6.2 shall not include the issuance of shares or convertible securities as consideration or compensation  for services rendered by employees, consultants, directors, or any other individuals in a personal capacity) and provided further that any issuance or allotment to any natural person pursuant to this Article 3.6.2 shall be subject to the unanimous approval of the remuneration committee as required by and in accordance with the terms of reference for such remuneration committee and shall not in aggregate in any calendar year exceed five percent (5%) of the total number of ordinary shares in issue at the time of such offer;” 

    “17.2.7          the creation of any charge or other security over any assets or property of a Group Company to secure borrowings, or indebtedness in the nature of borrowings, of that Group Company which, when aggregated with all other such borrowings or indebtedness, would exceed £200,000,000 (OTHER THAN in the ordinary course of its Business, and, DISREGARDING any amounts borrowed from other Group Companies) provided always that, subject to applicable law, nothing in these Articles (including without limitation this provision) shall restrict or prevent or be deemed to restrict or prevent the issuance by the Company of any corporate or convertible bonds or other debt instruments on an unsecured basis.”

    “24.12           Notwithstanding anything to the contrary within these Articles, meetings of the Board shall be held at such locations and in such manner, and resolutions of Directors passed in writing shall be signed, so as to cause the Company to:

                         24.12.1    be resident for taxation purposes in Jersey; and

                         24.12.2   comply with the Taxation (Companies – Economic Substance) (Jersey) Law 2019.”,

    (such proposed amendments together, the “Board Proposals”).

    A valid resolution in favour of the Board Proposals requires the approval of shareholders with at least sixty-seven percent (67%) of the votes and shares represented at the Annual General Meeting.

    NUMBER OF SHARES AND VOTES

    The total number of shares in the Company as of the date hereof amounts to 66,678,210 shares, with a corresponding number of votes. The Company holds 883,259 own shares.

    FURTHER INFORMATION

    Copies of accounts, audit report, remuneration report, proxy form, complete proposals and all other relevant documents are available on the Company’s website.

    The shareholders are hereby notified regarding the right to, at the annual general meeting, request information from the Board of Directors and the CEO.

    Jersey, 1 May 2025
    CoinShares International Limited
    The Board of Directors

    About CoinShares

    CoinShares is Europe’s largest and leading digital asset investment and trading group by AuM, managing billions of assets on behalf of a global client base. Our mission is to expand investing into digital assets with our trusted, regulated, best-in-class product suite that provides investors with trust and transparency when accessing cryptocurrencies. We believe that Bitcoin and blockchain networks are landmark innovations that will fundamentally reshape the global financial system and the way we interact digitally, and investors should be able to participate in this transformation. CoinShares is publicly listed on the Nasdaq Stockholm under ticker CS and the OTCQX under the ticker CNSRF. CoinShares has multiple touchpoints with financial regulatory bodies around the world, including the AMF, JFSC and FINRA.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

    Attachments

    The MIL Network

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – Opening Disclosure – 30 04 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

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

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,048,000 1.3692    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,048,000 1.3692    

    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
    None      

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 01 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network

  • MIL-OSI: Form 8.3 – [GLOBALDATA PLC – 30 04 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

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

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 11,085,705 1.3738    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 11,085,705 1.3738    

    All interests and all short positions should be disclosed.

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.01p ORDINARY SALE 530 147.26p
    0.01p ORDINARY PURCHASE 25,000 174.15p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 01 MAY 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network

  • MIL-OSI: Lloyds Bank PLC: 2025 Q1 Interim Management Statement

    Source: GlobeNewswire (MIL-OSI)

    LONDON, May 01, 2025 (GLOBE NEWSWIRE) —

    Lloyds Bank plc
    Q1 2025 Interim Management Statement
    1 May 2025

    Member of the Lloyds Banking Group

    FORWARD LOOKING STATEMENTS

    This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and section 27A of the US Securities Act of 1933, as amended, with respect to the business, strategy, plans and/or results of Lloyds Bank plc together with its subsidiaries (the Lloyds Bank Group) and its current goals and expectations. Statements that are not historical or current facts, including statements about the Lloyds Bank Group’s or its directors’ and/or management’s beliefs and expectations, are forward-looking statements. Words such as, without limitation, ‘believes’, ‘achieves’, ‘anticipates’, ‘estimates’, ‘expects’, ‘targets’, ‘should’, ‘intends’, ‘aims’, ‘projects’, ‘plans’, ‘potential’, ‘will’, ‘would’, ‘could’, ‘considered’, ‘likely’, ‘may’, ‘seek’, ‘estimate’, ‘probability’, ‘goal’, ‘objective’, ‘deliver’, ‘endeavour’, ‘prospects’, ‘optimistic’ and similar expressions or variations on these expressions are intended to identify forward-looking statements. These statements concern or may affect future matters, including but not limited to: projections or expectations of the Lloyds Bank Group’s future financial position, including profit attributable to shareholders, provisions, economic profit, dividends, capital structure, portfolios, net interest margin, capital ratios, liquidity, risk-weighted assets (RWAs), expenditures or any other financial items or ratios; litigation, regulatory and governmental investigations; the Lloyds Bank Group’s future financial performance; the level and extent of future impairments and write-downs; the Lloyds Bank Group’s ESG targets and/or commitments; statements of plans, objectives or goals of the Lloyds Bank Group or its management and other statements that are not historical fact and statements of assumptions underlying such statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend upon circumstances that will or may occur in the future. Factors that could cause actual business, strategy, targets, plans and/or results (including but not limited to the payment of dividends) to differ materially from forward-looking statements include, but are not limited to: general economic and business conditions in the UK and internationally (including in relation to tariffs); imposed and threatened tariffs and changes to global trade policies; acts of hostility or terrorism and responses to those acts, or other such events; geopolitical unpredictability; the war between Russia and Ukraine; the conflicts in the Middle East; the tensions between China and Taiwan; political instability including as a result of any UK general election; market related risks, trends and developments; changes in client and consumer behaviour and demand; exposure to counterparty risk; the ability to access sufficient sources of capital, liquidity and funding when required; changes to the Lloyds Bank Group’s or Lloyds Banking Group plc’s credit ratings; fluctuations in interest rates, inflation, exchange rates, stock markets and currencies; volatility in credit markets; volatility in the price of the Lloyds Bank Group’s securities; natural pandemic and other disasters; risks concerning borrower and counterparty credit quality; risks affecting defined benefit pension schemes; changes in laws, regulations, practices and accounting standards or taxation; changes to regulatory capital or liquidity requirements and similar contingencies; the policies and actions of governmental or regulatory authorities or courts together with any resulting impact on the future structure of the Lloyds Bank Group; risks associated with the Lloyds Bank Group’s compliance with a wide range of laws and regulations; assessment related to resolution planning requirements; risks related to regulatory actions which may be taken in the event of a bank or Lloyds Bank Group or Lloyds Banking Group failure; exposure to legal, regulatory or competition proceedings, investigations or complaints; failure to comply with anti-money laundering, counter terrorist financing, anti-bribery and sanctions regulations; failure to prevent or detect any illegal or improper activities; operational risks including risks as a result of the failure of third party suppliers; conduct risk; technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks; technological failure; inadequate or failed internal or external processes or systems; risks relating to ESG matters, such as climate change (and achieving climate change ambitions) and decarbonisation, including the Lloyds Bank Group’s or the Lloyds Banking Group’s ability along with the government and other stakeholders to measure, manage and mitigate the impacts of climate change effectively, and human rights issues; the impact of competitive conditions; failure to attract, retain and develop high calibre talent; the ability to achieve strategic objectives; the ability to derive cost savings and other benefits including, but without limitation, as a result of any acquisitions, disposals and other strategic transactions; inability to capture accurately the expected value from acquisitions; and assumptions and estimates that form the basis of the Lloyds Bank Group’s financial statements. A number of these influences and factors are beyond the Lloyds Bank Group’s control. Please refer to the latest Annual Report on Form 20-F filed by Lloyds Bank plc with the US Securities and Exchange Commission (the SEC), which is available on the SEC’s website at www.sec.gov, for a discussion of certain factors and risks. Lloyds Bank plc may also make or disclose written and/or oral forward-looking statements in other written materials and in oral statements made by the directors, officers or employees of Lloyds Bank plc to third parties, including financial analysts. Except as required by any applicable law or regulation, the forward-looking statements contained in this document are made as of today’s date, and the Lloyds Bank Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this document whether as a result of new information, future events or otherwise. The information, statements and opinions contained in this document do not constitute a public offer under any applicable law or an offer to sell any securities or financial instruments or any advice or recommendation with respect to such securities or financial instruments.

    FINANCIAL REVIEW

    Income statement

    The Group’s profit before tax for the first three months of 2025 was £1,177 million, 26% lower than the same period in 2024. This was driven by higher operating expenses and a higher impairment charge. Profit after tax was £881 million (three months to 31 March 2024: £1,159 million).

    Total income for the first three months of 2025 was £4,371 million, broadly in line with the same period in 2024 (three months to 31 March 2024: £4,385 million). Net interest income of £3,244 million was up 4% on the prior year (three months to 31 March 2024: £3,127 million), driven by a higher margin and higher average interest-earning assets. Other income decreased by 10% to £1,127 million (three months to 31 March 2024: £1,258 million). The decrease in other income reflected improved performance in UK Motor Finance, with fleet growth and higher average vehicle rental values, which was more than offset by negative market volatility and a reduction in income from fellow Lloyds Banking Group undertakings.

    Total operating expenses of £2,884 million were 6% higher than in the prior year. This reflects higher costs, combining inflationary pressures, timing of strategic investment including planned higher severance front-loaded into the first quarter of 2025 and business growth costs, partly offset by cost savings and continued cost discipline. This is alongside higher operating lease depreciation, as a result of fleet growth, the depreciation of higher value vehicles and declines in used electric car prices over 2024.

    No net remediation charge was recognised by the Group in the first three months of 2025 (three months to 31 March 2024: £25 million). There have been no further charges relating to motor finance commission arrangements. The Supreme Court heard the appeal of the Wrench, Johnson and Hopcraft decision in early April and has stated that it is likely to produce its judgment in July. The FCA has indicated that the decision will inform its next steps in the discretionary commission arrangements (DCA) review and that it will confirm within six weeks of the decision if it is proposing a redress scheme and if so, how it will take that forward. The FCA has also noted that its next steps on non-DCA complaints will be informed by the decision.

    The impairment charge was £310 million, up from £70 million in the three months to 31 March 2024. Asset quality remained resilient in the quarter. The charge included strong portfolio performance in Retail, more than offset by a higher charge in Commercial Banking, partly due to the non-recurrence of a release from loss rates used in the model in 2024. The charge also included a £100 million central adjustment to address downside risks to the base case related to the potential impact from US tariff policies announced at the start of April. These were becoming apparent around the balance sheet date and were determined to not be fully captured within the modelled divisional ECL allowances. This is partially offset by benefits to the MES from small increases to house price and wage growth expectations.

    FINANCIAL REVIEW (continued)

    Balance sheet

    Total assets were £5,143 million, or 1%, higher at £616,356 million at 31 March 2025 (31 December 2024: £611,213 million).

    Financial assets at amortised cost were £3,135 million higher at £508,032 million (31 December 2024: £504,897 million) with increases in loans and advances to customers. This included growth of £4,807 million in UK mortgages and growth across UK Retail unsecured loans, credit cards, UK Motor Finance and the European retail business. Lending balances reduced in Commercial Banking as a result of repayments of government-backed lending. The growth in loans and advances to customers was partly offset by a £908 million reduction in reverse repurchase agreements, a £302 million reduction in loans and advances to banks and a £1,474 million reduction in debt securities.

    Cash and balances at central banks decreased 1% to £42,000 million. Financial assets held at fair value through profit or loss increased by £733 million, due to increased reverse repurchase agreements. Derivative financial assets were £520 million lower at £3,715 million (31 December 2024: £4,235 million), driven by interest rate and currency movements in the period. Financial assets at fair value through other comprehensive income were stable in the period at £30,682 million. Other assets were £1,853 million higher, primarily reflecting increased settlement balances.

    Total liabilities were £3,230 million higher at £574,696 million (31 December 2024: £571,466 million). Customer deposits of £456,574 million increased in the period by £4,780 million. Retail deposits increased by £2,637 million in the period, driven by net inflows to limited withdrawal and fixed term deposits alongside higher current account balances. Commercial Banking deposits were up in the quarter, aided by short term balances.

    Other liabilities increased by £1,034 million reflecting increased settlement balances, while debt securities in issue decreased by £2,789 million, with higher levels of maturities in the period.

    Total equity increased to £41,660 million at 31 March 2025 (31 December 2024: £39,747 million). The increase primarily reflected profit attributable to ordinary shareholders alongside unwind of the cash flow hedge reserve and issuance of an AT1 capital instrument in February 2025 to Lloyds Banking Group plc.

    Capital

    The Group’s common equity tier 1 (CET1) capital ratio reduced to 13.6% at 31 March 2025 from 13.7% at 31 December 2024. Profit for the first three months of the year was offset by the accrual for foreseeable ordinary dividends and an increase in risk-weighted assets.

    The Group’s total capital ratio at 31 March 2025 remained at 19.9% (31 December 2024: 19.9%). The increase in CET1 capital and the issuance of a new AT1 capital instrument were offset by the increase in risk-weighted assets and a reduction in tier 2 capital reflecting an instrument call and other movements.

    Risk-weighted assets increased by £3,955 million to £190,951 million at 31 March 2025 from £186,996 million at 31 December 2024. This reflects the impact of lending growth, but also includes a temporary c.£2.5 billion increase primarily due to hedging activity that is expected to reverse by the third quarter. The growth in risk-weighted assets was partly offset by continued optimisation activity and other movements.

    The Group’s UK leverage ratio increased to 5.5% at 31 March 2025 from 5.4% at 31 December 2024, reflecting an increase in the total tier 1 capital position, partially offset by an increase in the leverage exposure measure. The latter reflects increases across loans and advances and other assets, due in part to lending growth, partially offset by a reduction in the measure for securities financing transactions.

     
    CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED)
               
      Three
    months
    ended
    31 Mar
    2025
    £m
        Three
    months
    ended
    31 Mar
    2024
    £m
     
           
    Net interest income 3,244     3,127  
    Other income 1,127     1,258  
    Total income 4,371     4,385  
    Operating expenses (2,884 )   (2,728 )
    Impairment (310 )   (70 )
    Profit before tax 1,177     1,587  
    Tax expense (296 )   (428 )
    Profit after tax 881     1,159  
           
    Profit attributable to ordinary shareholders 774     1,069  
    Profit attributable to other equity holders 98     86  
    Profit attributable to equity holders 872     1,155  
    Profit attributable to non-controlling interests 9     4  
    Profit after tax 881     1,159  
               
     
    CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED)
               
      At 31 Mar
    2025
    £m
        At 31 Dec
    2024
    £m
     
               
    Assets          
    Cash and balances at central banks 42,000     42,396  
    Financial assets at fair value through profit or loss 3,054     2,321  
    Derivative financial instruments 3,715     4,235  
    Financial assets at amortised cost 508,032     504,897  
    Financial assets at fair value through other comprehensive income 30,682     30,344  
    Other assets 28,873     27,020  
    Total assets 616,356     611,213  
    Liabilities          
    Deposits from banks 3,899     3,144  
    Customer deposits 456,574     451,794  
    Repurchase agreements 38,474     37,760  
    Due to fellow Lloyds Banking Group undertakings 3,981     4,049  
    Financial liabilities at fair value through profit or loss 4,538     4,630  
    Derivative financial instruments 5,327     5,787  
    Debt securities in issue at amortised cost 42,492     45,281  
    Other liabilities 12,844     11,810  
    Subordinated liabilities 6,567     7,211  
    Total liabilities 574,696     571,466  
    Total equity 41,660     39,747  
    Total equity and liabilities 616,356     611,213  
               

    ADDITIONAL FINANCIAL INFORMATION

    1.  Basis of presentation

    This release covers the results of Lloyds Bank plc together with its subsidiaries (the Group) for the three months ended 31 March 2025.

    The Group’s Q1 2025 Interim Pillar 3 Disclosures can be found at: www.lloydsbankinggroup.com/investors/financial-downloads.html.

    Accounting policies

    The accounting policies are consistent with those applied by the Group in its 2024 Annual Report and Accounts.

    2.  Loans and advances to customers and expected credit loss allowance

    At 31 March 2025 Stage 1
    £m
        Stage 2
    £m
      Stage 3
    £m
      POCI
    £m
      Total
    £m
        Stage 2
    as % of
    total
      Stage 3
    as % of
    total
    Loans and advances to customers                          
    UK mortgages 275,816     31,912   4,137   6,016   317,881     10.0   1.3
    Credit cards 13,875     2,327   261     16,463     14.1   1.6
    UK unsecured loans and overdrafts 9,660     1,325   171     11,156     11.9   1.5
    UK Motor Finance 14,197     2,491   131     16,819     14.8   0.8
    Other 18,462     471   151     19,084     2.5   0.8
    Retail 332,010     38,526   4,851   6,016   381,403     10.1   1.3
    Business and Commercial Banking 25,778     2,946   1,160     29,884     9.9   3.9
    Corporate and Institutional Banking 36,705     2,528   1,007     40,240     6.3   2.5
    Commercial Banking 62,483     5,474   2,167     70,124     7.8   3.1
    Other1 (414 )         (414 )        
    Total gross lending 394,079     44,000   7,018   6,016   451,113     9.8   1.6
                               
    Customer related ECL allowance (drawn and undrawn)
    UK mortgages 52     245   322   179   798          
    Credit cards 199     308   130     637          
    UK unsecured loans and overdrafts 167     240   114     521          
    UK Motor Finance2 170     118   75     363          
    Other 14     14   38     66          
    Retail 602     925   679   179   2,385          
    Business and Commercial Banking 133     183   172     488          
    Corporate and Institutional Banking 108     149   323     580          
    Commercial Banking 241     332   495     1,068          
    Other3 50     50       100          
    Total 893     1,307   1,174   179   3,553          
                               
    Customer related ECL allowance (drawn and undrawn) as a percentage of loans and advances to customers
      Stage 1
    %
        Stage 2
    %
      Stage 3
    %
      POCI
    %
      Total
    %
             
    UK mortgages     0.8   7.8   3.0   0.3          
    Credit cards 1.4     13.2   49.8     3.9          
    UK unsecured loans and overdrafts 1.7     18.1   66.7     4.7          
    UK Motor Finance 1.2     4.7   57.3     2.2          
    Other 0.1     3.0   25.2     0.3          
    Retail 0.2     2.4   14.0   3.0   0.6          
    Business and Commercial Banking 0.5     6.2   14.8     1.6          
    Corporate and Institutional Banking 0.3     5.9   32.1     1.4          
    Commercial Banking 0.4     6.1   22.8     1.5          
    Other                      
    Total 0.2     3.0   16.7   3.0   0.8          
                                   

    1 Contains central fair value hedge accounting adjustments.
    2 UK Motor Finance includes £178 million relating to provisions against residual values of vehicles subject to finance leases.
    3 Other includes a £100 million central adjustment that has not been allocated to specific portfolios.

    ADDITIONAL FINANCIAL INFORMATION (continued)

    3.  UK economic assumptions

    Base case and MES economic assumptions

    The Group’s base case scenario is for a slow expansion in gross domestic product (GDP) and a modest rise in the unemployment rate alongside small gains in residential and commercial property prices. Inflationary pressures remain persistent, but gradual cuts in UK Bank Rate are expected to continue during 2025. Risks around this base case economic view lie in both directions and are largely captured by the generation of alternative economic scenarios.

    The Group has taken into account the latest available information at the reporting date in defining its base case scenario and generating alternative economic scenarios. The scenarios include forecasts for key variables as of the first quarter of 2025. Actuals for this period, or restatements of past data, may have since emerged prior to publication and have not been included. The Group’s approach to generating alternative economic scenarios is set out in detail in note 19 to the financial statements of the Group’s 2024 annual report and accounts.

    The Group had included assumptions for expected tariffs and potential responses in its quarter-end base case conditioning assumptions prior to announcements at the start of April. Initial non-UK tariffs announced in the first few days of April and the immediate market response were larger than expected. Accordingly, the Group has adopted a £100 million central adjustment to reflect the potential ECL impact, informed by high level sensitivity to key UK economic metrics based on tariff scenarios. Subsequent developments through April were judged to relate to conditions after the balance sheet date and will be reflected in the second quarter reporting period.

    UK economic assumptions – base case scenario by quarter

    Key quarterly assumptions made by the Group in the base case scenario are shown below. GDP growth is presented quarter-on-quarter. House price growth, commercial real estate price growth and CPI inflation are presented year-on-year, i.e. from the equivalent quarter in the previous year. Unemployment rate and UK Bank Rate are presented as at the end of each quarter.

    At 31 March 2025 First
    quarter
    2025
    %
    Second
    quarter
    2025
    %
    Third
    quarter
    2025
    %
    Fourth
    quarter
    2025
    %
    First
    quarter
    2026
    %
    Second
    quarter
    2026
    %
    Third
    quarter
    2026
    %
    Fourth
    quarter
    2026
    %
                     
    Gross domestic product growth 0.2 0.2 0.3 0.3 0.4 0.4 0.4 0.4
    Unemployment rate 4.6 4.7 4.8 4.8 4.8 4.8 4.8 4.8
    House price growth 3.8 3.8 2.4 1.7 1.3 1.7 1.9 1.8
    Commercial real estate price growth 2.6 2.8 2.7 1.3 0.9 0.7 0.8 1.1
    UK Bank Rate 4.50 4.25 4.00 4.00 3.75 3.75 3.50 3.50
    CPI inflation 2.8 3.6 3.6 3.5 3.0 2.8 2.6 2.7
                     

    ADDITIONAL FINANCIAL INFORMATION (continued)

    3.  UK economic assumptions (continued)

    UK economic assumptions – scenarios by year

    Key annual assumptions made by the Group are shown below. GDP growth and CPI inflation are presented as an annual change, house price growth and commercial real estate price growth are presented as the growth in the respective indices within the period. Unemployment rate and UK Bank Rate are averages for the period.

    At 31 March 2025 2025
    %
      2026
    %
      2027
    %
      2028
    %
      2029
    %
      2025-2029
    average
    %
     
                 
    Upside            
    Gross domestic product growth 1.3   2.2   1.6   1.5   1.4   1.6  
    Unemployment rate 4.1   3.2   3.1   3.1   3.2   3.3  
    House price growth 2.9   5.9   6.8   5.4   4.3   5.1  
    Commercial real estate price growth 6.1   5.7   2.6   1.0   0.4   3.2  
    UK Bank Rate 4.43   4.72   4.86   5.06   5.20   4.85  
    CPI inflation 3.3   2.8   2.8   3.1   3.0   3.0  
                 
    Base case            
    Gross domestic product growth 0.8   1.4   1.6   1.6   1.5   1.3  
    Unemployment rate 4.7   4.8   4.6   4.5   4.5   4.6  
    House price growth 1.7   1.8   1.9   2.5   2.9   2.1  
    Commercial real estate price growth 1.3   1.1   1.2   0.6   0.3   0.9  
    UK Bank Rate 4.19   3.63   3.50   3.50   3.50   3.66  
    CPI inflation 3.4   2.8   2.5   2.5   2.4   2.7  
                 
    Downside            
    Gross domestic product growth (0.2 ) (0.9 ) 0.9   1.5   1.5   0.6  
    Unemployment rate 5.6   7.4   7.6   7.3   7.0   7.0  
    House price growth 0.5   (3.4 ) (6.7 ) (4.2 ) (1.1 ) (3.0 )
    Commercial real estate price growth (4.7 ) (5.7 ) (1.7 ) (2.2 ) (2.3 ) (3.4 )
    UK Bank Rate 3.83   1.67   0.96   0.65   0.42   1.51  
    CPI inflation 3.4   2.8   2.0   1.5   1.0   2.1  
                 
    Severe downside            
    Gross domestic product growth (1.1 ) (2.3 ) 0.7   1.4   1.5   0.0  
    Unemployment rate 6.8   10.0   10.2   9.7   9.3   9.2  
    House price growth (0.6 ) (8.4 ) (13.8 ) (9.6 ) (5.0 ) (7.6 )
    Commercial real estate price growth (12.5 ) (13.3 ) (7.1 ) (5.7 ) (4.9 ) (8.8 )
    UK Bank Rate – modelled 3.38   0.39   0.09   0.03   0.01   0.78  
    UK Bank Rate – adjusted1 4.25   2.94   2.80   2.76   2.75   3.10  
    CPI inflation – modelled 3.4   2.5   1.3   0.4   (0.2 ) 1.5  
    CPI inflation – adjusted1 3.8   3.8   3.2   2.7   2.4   3.2  
                 
    Probability-weighted            
    Gross domestic product growth 0.5   0.6   1.3   1.5   1.5   1.1  
    Unemployment rate 5.0   5.6   5.6   5.4   5.4   5.4  
    House price growth 1.4   0.5   (0.8 ) 0.1   1.3   0.5  
    Commercial real estate price growth (0.4 ) (1.0 ) (0.1 ) (0.7 ) (1.0 ) (0.6 )
    UK Bank Rate – modelled 4.07   3.04   2.81   2.76   2.74   3.08  
    UK Bank Rate – adjusted1 4.16   3.30   3.08   3.04   3.01   3.32  
    CPI inflation – modelled 3.4   2.7   2.3   2.1   1.9   2.5  
    CPI inflation – adjusted1 3.4   2.9   2.5   2.4   2.2   2.7  
                             
    1 The adjustment to UK Bank Rate and CPI inflation in the severe downside is considered to better reflect the risks to the Group’s base case view in an economic environment where the risks of supply and demand shocks are seen as more balanced.
                             

    CONTACTS

    For further information please contact:

    INVESTORS AND ANALYSTS
    Douglas Radcliffe
    Group Investor Relations Director
    020 7356 1571
    douglas.radcliffe@lloydsbanking.com

    Rohith Chandra-Rajan
    Director of Investor Relations
    07786 988936
    rohith.chandra-rajan@lloydsbanking.com

    Nora Thoden
    Director of Investor Relations – ESG
    020 7356 2334
    nora.thoden@lloydsbanking.com

    Tom Grantham
    Investor Relations Senior Manager
    07851 440 091
    thomas.grantham@lloydsbanking.com

    Sarah Robson
    Investor Relations Senior Manager
    07494 513 983
    sarah.robson2@lloydsbanking.com

    CORPORATE AFFAIRS
    Matt Smith
    Head of Media Relations
    07788 352 487
    matt.smith@lloydsbanking.com

    Emma Fairhurst
    Media Relations Senior Manager
    07814 395 855
    emma.fairhurst@lloydsbanking.com

    Copies of this Interim Management Statement may be obtained from:
    Investor Relations, Lloyds Banking Group plc, 33 Old Broad Street, London, EC2N 1HZ
    The statement can also be found on the Group’s website – www.lloydsbankinggroup.com

    Registered office: Lloyds Bank plc, 25 Gresham Street, London, EC2V 7HN
    Registered in England No. 2065

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network

  • MIL-OSI: Cyabra to Participate in Upcoming Investor Conferences in May

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, May 01, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, today announced its participation at the following investor conferences in May:

    20th Annual Needham Technology, Media, & Consumer Virtual Conference

    Participants: Dan Brahmy, Co-Founder and Chief Executive Officer, and Yael Sandler, Chief Financial Officer.

    Format: Company management will be available for virtual one-on-one meetings throughout the day. To schedule a meeting, please contact your Needham representative directly.

    When: Monday, May 12.

    The Ladenburg Thalmann Technology Innovation EXPO25

    Participant: Dan Brahmy, Co-Founder and Chief Executive Officer.

    Format: Company presentation and one-on-one meetings.

    When: Wednesday, May 21, in New York, NY, with the company presenting at 11:30am ET.

    About Cyabra

    Cyabra is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI solutions protect corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    Cyabra has entered into a business combination agreement (the “Business Combination Agreement”) with Trailblazer Merger Corporation I (NASDAQ: TBMC) (“Trailblazer”), a blank-check special-purpose acquisition company.

    For more information, visit www.cyabra.com.

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    About Trailblazer

    Trailblazer Merger Corporation I (Nasdaq: TBMC) is a blank check company formed and entered into a merger, shared exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products that will be the subject of a proposed transaction between Trailblazer Merger Corporation I (“Trailblazer”) and Cyabra Strategy Ltd. (“Cyabra”). All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of Combined Company’s Common Stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders

    An affiliate of Trailblazer has filed a registration statement on Form S-4 (the “Registration Statement”) with the SEC which includes a preliminary proxy statement of Trailblazer and a preliminary prospectus of the affiliate. Once the Registration Statement has been declared effective, a definitive Proxy Statement/Prospectus will be mailed to Trailblazer’s shareholders as of a record date to be established for voting on the merger. Trailblazer and its affiliates may also file other relevant documents regarding the merger with the SEC. Trailblazer’s shareholders and other interested persons are advised to read the preliminary Proxy Statement/Prospectus and any amendments thereto and, once available, the definitive Proxy Statement/Prospectus, in connection with Trailblazer’s solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the merger, because these documents will contain important information about the parties to the merger. Shareholders may also obtain a copy of any preliminary or definitive proxy statement, once available, as well as other documents filed with the SEC regarding the merger and other documents filed with the SEC by Parent and its affiliates, without charge, at the SEC’s website located at www.sec.gov or by directing a request to: Trailblazer’s Chief Development Officer at 510 Madison Avenue, Suite 1401, New York, NY 10022.

    Participants in the Solicitation

    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the transaction. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in Trailblazer’s most recent Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed Transactions when it becomes available.

    No Offer or Solicitation

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network

  • MIL-OSI: On Mother’s Day, Celebrate Mom with $0-Fee BOSS Money Transfers

    Source: GlobeNewswire (MIL-OSI)

    Newark, NJ, May 01, 2025 (GLOBE NEWSWIRE) — BOSS Money, the remittance and payments brand of IDT Corporation (NYSE: IDT), today announced promotional $0-fee international money transfers for new and existing customers on Mother’s Day.

    “BOSS Money has removed money transfer fees for Mother’s Day to make celebrating Moms everywhere easy and economical,” said Michelle Rendo, VP Marketing for BOSS Money. “Mother’s Day is a celebration of connection, love, and appreciation that transcends borders. A transfer on Mother’s Day is a wonderful way to say, ‘Thank you, Mom!’” 

    New BOSS Money customers can take advantage of $0-fee money transfers on Mother’s Day and every day of the year when using the BOSS Money app with:

    • $0-fee on the first two (2) transfers to all BOSS Money destination countries;
    • $0-fee on the first five (5) transfers to Mexico;
    • $0-fee for unlimited transfers to Cameroon, Ghana, Nigeria, Kenya, Uganda, Senegal, and Venezuela.

    Mother’s Day is on Sunday, May 11th in the USA, but on different days in some other nations. To reflect this variation, BOSS Money is offering current BOSS Money customers two (2) $0-fee money transfers to destinations around the world when using the BOSS Money app on the following schedule*:

    • May 5 to May 11th — to all BOSS Money country-destinations with promo code “MOM”;
    • May 21 to May 25th — to the Dominican Republic, Bolivia, Haiti, Burkina Faso, Ivory Coast, and Madagascar with promo code “MOMMY”;
    • May 26 to May 30th — to Nicaragua with promo code “MAMA”.

    To begin a BOSS Money $0-fee transfer and to see details of BOSS Money’s Mother’s Day promotions, use the free BOSS Money app available from the iOS App and Google Play Stores. 

    To learn more about our low fees, competitive exchange rates and exclusive promotions visit bossmoney.com.

    ABOUT BOSS MONEY

    BOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. and Canada to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options including cash pick-up, mobile money, in-country bank account, and debit card direct deposit. Customers can remit funds through the highly rated BOSS Money and BOSS Revolution apps or through licensed Boss Money retailers.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    *Exclusions may apply

    All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

    CONTACT

    IDT Corporation Investor Relations
    Bill Ulrey
    william.ulrey@idt.net

    # # #

    The MIL Network

  • MIL-OSI: Jackery Launches Homepower 3000: the Smartest Choice for Essential Home Backup Power

    Source: GlobeNewswire (MIL-OSI)

    FREEMONT, Calif., May 01, 2025 (GLOBE NEWSWIRE) — Jackery, a global leader in innovative solar generators and green off-grid energy solutions, has unveiled the Jackery Solar Generator HomePower 3000, the newest addition to its best-selling 3kWh solar generator range. Designed specifically for essential home backup needs, the HomePower 3000 offers a simplified, high-performance power solution built to handle extreme conditions with ease. Marking a shift in branding from the “Explorer” series to the new “HomePower” line, this release underscores Jackery’s focus on practical, dependable energy solutions for the modern home.

    With a powerful 3072Wh battery capacity and 3,600W output (7200W Surge), the Jackery HomePower 3000 is engineered to keep essential household appliances and tools running during blackouts, emergencies, or everyday off-grid use. Capable of supporting high-demand appliances up to 7,200W surge power – including refrigerators, air conditioners, water pumps, wifi, lights and coffee machines, even capable of powering multiple essential home appliances at the same time. With the U.S. Energy Information Administration’s recent Annual Electric Power Industry Report, noting the average length of a power outage in the U.S. is five to six hours long, consumers can rest assured that the HomePower 3000 has the capability to power their refrigerator for up to two days. Delivering reliable power when it’s needed most, the system can keep a household running for up to 15 hours, supporting essential devices like a refrigerator (≤200W), fan (30W), lighting (60W), and Wi-Fi router (7W); all operating simultaneously*.

    The Jackery HomePower 3000 not only delivers powerful performance but also ensures effortless ease of use as Jackery has become known for. Designed by Jackery in the U.S., and utilizing real customer feedback from more than 10 years industry experience, the HomePower 3000 offers a plug-and-play operation and an intelligent display, making device control a breeze for the whole family, and a wide variety of ages.

    The HomePower 3000 is also built for extreme durability. Capable of performing in temperatures ranging from -40°F to 185°F, it is housed in a rugged design ideal for both home use and off-grid projects. Plus, with its UL certified uninterruptible power supply (UPS) functionality, it kicks in automatically within 20 milliseconds of detecting power loss, ensuring critical devices stay operational without a hitch.

    As the world’s lightest and most compact 3kWh LiFePO₄ power station — officially certified by Frost & Sullivan — the Jackery HomePower 3000 sets a new standard in portable home energy. It’s 47 percent smaller and 43 percent lighter than mainstream products of the same capacity, thanks to breakthrough automotive-grade CTB (Cell to Body) technology, which boosts space efficiency by 14percent. A rugged honeycomb bottom shell design further enhances durability and safety, all within a unit no larger than a standard microwave.

    Beyond its compact form, the HomePower 3000 delivers serious performance: it can be recharged in as fast as 1.7 hours and supports multiple charging options; including AC, AC+DC, solar, and even gas generator, ensuring users stay powered in any situation. The Jackery App enables smart features like scheduled and off-peak charging, as well as prioritized solar charging, helping users save up to 25 percent annually on electricity bills. And thanks to proprietary ZeroDrain™ technology, when stored at full capacity, the unit retains 95 percent of its power even after a full year, ready whenever it’s needed.

    The HomePower 3000 can generate up to 3,500 kWh of free energy over 5 years with its two Jackery SolarSaga 200W bifacial solar panels. Slim yet durable, designed to endure 4,000 folds, and easy to carry, these panels deliver superior performance with industry-leading IBC technology and TÜV Class II certification.

    “The HomePower 3000 delivers a robust combination of reliability and versatility – anytime, anywhere,” said Jack Sun, CEO of Jackery. “With increasingly unpredictable weather patterns affecting communities nationwide, the HomePower 3000 represents Jackery’s commitment to providing consumers with dependable power security that works both during emergencies and everyday life. This isn’t just another generator – it’s peace of mind in an uncertain world.”

    Whether you’re preparing for hurricane season, powering essential appliances during power outages due to unpredictable emergencies, or simply looking to reduce your dependence on the grid, the Jackery Solar Generator HomePower 3000 offers peace of mind through advanced engineering and performance that’s ready for anything. Trusted by over 120,000 five-star reviewers and with 90% favorable ratings in the U.S., Jackery delivers reliability that customers consistently count on.

    The HomePower 3000 retails for $2,299 and is currently available for purchase online at Jackery’s website. Jackery will also offer a specially priced solar generator bundle that includes the HomePower 3000 with two 200W Solar Panels between May 2-14, available for $1,999.

    For more information on Jackery, the HomePower 3000 and other products, please visit www.jackery.com. Be sure to follow Jackery on social media at @JackeryUSA for the latest updates in real time.

    *Tested under Jackery Lab conditions.

    ABOUT JACKERY
    Founded in California in 2012, Jackery is a leader in innovative solar generators and renewable energy solutions. Offering a diverse range of products—from compact 100W units to essential home backup systems, all the way to robust 123kWh energy storage solutions for whole-home use—Jackery combines cutting-edge technology with a steadfast commitment to sustainability. Designed in the USA based on customer usability and the diverse energy needs of the United States, Jackery is dedicated to providing reliable, renewable energy solutions, prioritizing convenience, trust, energy independence, and environmentally responsible practices. With over 150,000 five-star reviews, Jackery has earned the trust of customers worldwide. To learn more, check out Jackery on Facebook, Instagram, X, YouTube, and LinkedIn.

    MEDIA CONTACT
    ICR
    jackery@icrinc.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8e9dabad-6f51-4d34-81e4-e6f5bb5aa15c

    The MIL Network

  • MIL-OSI: SAIC Awarded New $55 Million Mission Integration Contract From Space Development Agency

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., May 01, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) has been awarded the Proliferated Warfighter Space Architecture (PWSA) Tranche 3 Program Integration (T3PI) contract from the Space Development Agency (SDA). This new $55 million contract spans a five-year performance period and is set for a May 1, 2025, program start.

    The PWSA is a constellation populated with multi-vendor space vehicles for the Transport, Tracking and Custody Layers and an associated ground system designed to address critical Department of Defense capability gaps associated with closing challenging kill chains with precision and speed. The Tranche 3 space layers will provide multi-band global communications access and persistent encrypted connectivity for warfighter missions, global missile defense, augmented Position, Navigation and Timing and 24/7, all-weather custody of time-sensitive targets. Under this new contract, SAIC will deliver mission-first management of enterprise requirements, schedule, engineering, technical reviews and risk to help address the complexity of integrating multiple Tranche 3 space layers, the ground segment, the existing space segments and operational users.

    “T3PI is a strategic win for SAIC because it demonstrates our proven expertise in mission integration and digital engineering,” said David Ray, SAIC executive vice president of Space and Intelligence Business Group. “But most importantly, it’s a win for warfighters as SAIC works with our robust ecosystem of partners, including the Space Development Agency and U.S. Space Force to integrate threat kill chains at speed. Ultimately, this work increases warfighter lethality and decision dominance in all domains – land, sea, air, space and cyber.”

    As America’s leading Mission Integrator, SAIC delivers advanced technology solutions for national imperatives including all-domain warfighting and next-generation space capabilities. The Fortune 500 company is already working with SDA on the innovative Battle Management Command, Control and Communications (BMC3) program which securely delivers apps to in-orbit satellites. For SDA’s Tranche 3 Layers, SAIC has assembled a highly experienced team to provide comprehensive systems engineering support to ensure seamless mission integration of the PWSA space, ground and user segments. This approach guarantees a tailored, scalable and secure solution for space operations, aligned with SDA’s planned launch windows.

    “Beyond delivering next-gen warfighting capabilities, T3PI highlights the need of a data-centric mission integration approach for the space, intelligence and military communities,” Ray continued. “For new national imperatives like Golden Dome for America missile defense, premier mission integrators will be essential to fuse existing all-domain systems with newly created infrastructure using advanced commercial technologies like digital engineering, AI, cloud and multi-level security. We’re excited to get started on T3PI so that we can efficiently maximize value for the American taxpayers with speed and scale for the best mission outcomes.”

    About SAIC 
    SAIC® is a premier Fortune 500 mission integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets include secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Media Contact: 
    Darryn C. James
    Darryn.C.James@saic.com

    The MIL Network

  • MIL-OSI: Primech Holdings Announces Share Repurchase Program

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) — 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 that its Board of Directors has approved a Rule 10b-18 share repurchase program with authorization to purchase up to 20% of the Company’s outstanding Ordinary Shares. The program is subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM).

    This program will be effective from the date when the shareholders’ approval is obtained, up to the next Annual General Meeting (AGM) is held or required by law to be held (whichever is earlier), unless earlier revoked, varied, or fully utilized.

    “As we continue to drive innovation in facility services through AI, robotics, and sustainable solutions, we remain committed to prudent capital allocation focused on long-term growth opportunities,” said Mr. Kin Wai Ho, Chief Executive Officer of Primech Holdings. “This share repurchase program reflects the Board’s and Management’s confidence in our business strategy and the future growth potential of Primech, as well as our commitment to enhancing shareholder value.”

    The Company may repurchase Ordinary Shares from time to time through on-market purchases in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend on business, economic, market conditions, corporate, legal and regulatory requirements, prevailing stock prices, trading volume, and other considerations. The share repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of stock. The Company expects to utilize its existing cash and cash equivalents to fund any repurchases under the share repurchase program.

    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

  • MIL-OSI: Mercurity Fintech’s Chaince Securities Appointed as Strategic Advisor for Classover’s Solana-Focused Treasury Strategy

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, May 01, 2025 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced that Classover Holdings Inc. (Nasdaq: KIDZ, KIDZW) has appointed its wholly owned subsidiary, Chaince Securities, LLC (“Chaince Securities”), as strategic digital asset advisor to guide Classover’s new Solana-based (SOL) treasury initiative.

    Classover, a leader in live, interactive online learning, plans to allocate a significant portion of the proceeds toward acquiring, staking, and holding Solana (SOL) tokens as a core corporate reserve asset. The Company also intends to operate SOL validator nodes, reinforcing its commitment to decentralized infrastructure and blockchain integration.

    As Classover’s strategic advisor, Chaince Securities will provide comprehensive digital asset services, including:

    • Structuring and deploying the Company’s SOL-based treasury framework
    • Supporting validator node operations to optimize staking rewards
    • Advising on risk management and best practices for digital asset portfolio governance
    • Evaluating strategic blockchain partnerships and long-term growth opportunities

    Wilfred Daye, Chief Strategy Officer of MFH and CEO of Chaince Securities, LLC, commented, “Classover’s adoption of Solana as a treasury reserve asset sets a new standard for corporate blockchain strategy. We are proud to partner with Classover on this landmark initiative and help position them at the forefront of institutional blockchain adoption. For Chaince, this partnership proves what we’ve been saying all along – traditional companies are ready for crypto treasury strategies when done right. And frankly, this could not come at a better time for MFH as we expand our institutional services. Each corporate client like Classover helps us refine our playbook and strengthens our reputation as the go-to team for companies making their first serious move into digital assets.”

    Stephanie Luo, Chief Executive Officer of Classover, added“At Classover, innovation is at the core of everything we do — whether in education or corporate finance. By anchoring our treasury in Solana, we embrace technology that enhances our agility and future-proofs our balance sheet. We believe this strategy strengthens our financial foundation and positions Classover as a pioneer in blockchain integration among publicly traded companies, creating meaningful long-term value for our shareholders.”

    About Mercurity Fintech Holding Inc.

    Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries specializing in distributed computing and digital consultation across North America and the Asia-Pacific region. Our focus is on delivering innovative financial solutions while adhering to principles of compliance, professionalism, and operational efficiency. Our aim is to contribute to the evolution of digital finance by providing secure and innovative financial services to individuals and businesses. And our dedication to compliance, professionalism, and operational excellence ensures that we remain a trusted partner in the rapidly transforming financial landscape.

    For more information, please visit the Company’s website at https://mercurityfintech.com/.

    About Chaince Securities, LLC

    Chaince Securities, LLC (CRD #10590) is a FINRA-registered broker-dealer founded in 1982 and based in New York City. We specialize in equity capital markets, investment banking, asset management, and innovative financial solutions. With decades of institutional experience, Chaince is dedicated to building long-term relationships and delivering tailored strategies to meet the unique goals of each client. We combine traditional expertise with a forward-looking approach to support growth across dynamic sectors including digital assets and AI-driven markets.

    About Classover

    Founded in 2020 and headquartered in New York, Classover has rapidly emerged as a leader in educational technology, specializing in live online courses for K-12 students worldwide. Offering a diverse curriculum tailored to different learning levels and interests, Classover empowers students through personalized instruction, innovative course design, and cutting-edge AI technology. From creativity-driven programs to competitive test preparation, Classover is dedicated to redefining education through accessible, high-quality learning experiences.

    Forward-Looking Statements

    This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

    Contacts:

    International Elite Capital Inc.
    Vicky Chueng
    Tel: +1(646) 866-7928
    Email: mfhfintech@iecapitalusa.com 

    Chaince Securities, LLC
    Email: Info@chaincesecurities.com 

    Classover Holdings Inc.
    Email: ir@classover.com
    Tel: 800-345-9588 

    The MIL Network

  • MIL-OSI: iPower Schedules Fiscal Third Quarter 2025 Conference Call for May 15, 2025 at 4:30 p.m. ET

    Source: GlobeNewswire (MIL-OSI)

    RANCHO CUCAMONGA, Calif., May 01, 2025 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal third quarter ended March 31, 2025. The Company’s results will be reported in a press release prior to the call.

    iPower management will host the conference call, followed by a question-and-answer period.

    Date: Thursday, May 15, 2025
    Time: 4:30 p.m. Eastern time
    Dial-in registration link: here
    Live webcast registration link: here

    Please dial into the conference call 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact the company’s investor relations team at IPW@elevate-ir.com.

    The conference call will also be broadcast live and available for replay in the Events & Presentations section of the Company’s website at www.meetipower.com.

    About iPower Inc.

    iPower Inc. is a tech and data-driven online retailer, as well as a provider of value-added ecommerce services for third-party products and brands. iPower’s capabilities include a full spectrum of online channels, robust fulfillment capacity, a nationwide network of warehouses, competitive last mile delivery partners and a differentiated business intelligence platform. iPower believes that these capabilities will enable it to efficiently move a diverse catalog of SKUs from its supply chain partners to end consumers every day, providing the best value to customers in the U.S. and other countries. For more information, please visit iPower’s website at www.meetipower.com.

    Forward Looking Statements

    This press release may contain information about iPower’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements because of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to maintain and grow its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives and competition in the industry. iPower encourages you to review other factors that may affect its future results in its filings with the SEC.

    Investor Relations Contact

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    (720) 330-2829
    IPW@elevate-ir.com

    The MIL Network

  • MIL-OSI: Alto Ingredients, Inc. to Release First Quarter 2025 Financial Results on May 7, 2025

    Source: GlobeNewswire (MIL-OSI)

    PEKIN, Ill., May 01, 2025 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO) a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced it will release its first quarter 2025 financial results after the close of market on Wednesday, May 7, 2025.

    Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time and will deliver prepared remarks via webcast followed by a question-and-answer session. How to participate:

    • To listen to the webcast, visit the Alto Ingredients website.
    • To receive a number and unique PIN by email, register here.
    • To dial directly twenty minutes prior to the scheduled call time, dial (833) 630-0017 domestically and (412) 317-1806 internationally. Please ask to join Alto Ingredients.

    The webcast will be archived for replay on the Alto Ingredients website for one year. In addition, a telephonic replay will be available at 8:00 p.m. Eastern Time on Wednesday, May 7, 2025, through 8:00 p.m. Eastern Time on Wednesday, May 14, 2025. To access the replay, please dial (877) 344-7529. International callers should dial 00-1 412-317-0088. The pass code will be 8723820.

    About Alto Ingredients, Inc.
    Alto Ingredients, Inc. (NASDAQ: ALTO) is a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients. Leveraging the unique qualities of its facilities, the company serves customers in a wide range of consumer and commercial products in the Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels markets. For more information, please visit www.altoingredients.com.

    Media and Company IR Contact:                 
    Michael Kramer, Alto Ingredients, Inc., 916-403-2755 Investorrelations@altoingredients.com

    IR Agency Contact:
    Kirsten Chapman, Alliance Advisors Investor Relations, 415-433-3777 
    Investorrelations@altoingredients.com

    The MIL Network

  • MIL-OSI: Equiniti (EQ) Completes Acquisition of Notified, Creating a Global Leader in End-to-End Shareholder and Corporate Communications 

    Source: GlobeNewswire (MIL-OSI)

    Combining EQ’s shareholder services and robust Investor Relations (IR) capabilities with Notified’s public relations (PR) and IR solutions to help companies grow, engage stakeholders and communicate with confidence at every stage. 

     Transaction Highlights 

    • Establishes Comprehensive Solution: Combines EQ’s shareholder services leadership and robust IR capabilities with Notified’s PR and IR expertise to deliver a comprehensive solution for companies at every stage of growth. 
    • Supports the Full Corporate Lifecycle: Equips public and private companies with tools for shareholder engagement, disclosure and media outreach from pre-IPO through maturity. 
    • Extends Global Reach and Client Base: Serves 12,000 clients in 90 countries including more than half of the FTSE 100, one third of the S&P 500 and half of the Nasdaq.  
    • Accelerates Innovation and Growth: Leverages combined expertise and proven platforms to meet evolving client needs and rising regulatory demands. 

    NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — Equiniti (EQ)1, a global leader in shareholder services, today announced it has completed its acquisition of Notified, the award-winning provider of public relations (PR) and investor relations (IR) solutions from West Technology Group, LLC. The transaction, originally announced on March 17, 2025, brings together two trusted brands to deliver an unmatched end-to-end suite of PR, IR and share registry services and technology. 

    Together, EQ and Notified deliver an unmatched suite of services and technology that support organizations through every stage of the corporate lifecycle— from growing small to medium sized businesses (SMBs) and pre-IPO companies to large public enterprises navigating today’s dynamic markets around the world. The combined business supports 12,000 clients across 90 countries. With Notified’s broad geographic footprint, the combination also enables EQ to expand its global reach and better serve clients in key international markets. 

    “In today’s dynamic market environment, effective shareholder communication is more important than ever,” said Dan Kramer, CEO of EQ Shareholder Services. “By integrating Notified’s award-winning PR and IR capabilities into our service mix, we are empowering clients with a truly comprehensive solution that drives enhanced shareholder engagement and delivers measurable results. This acquisition immediately provides our clients with powerful new tools to strengthen stakeholder relationships and drive business value.”

    Comments from Dan Kramer (CEO, EQ Shareholder Services) and Nimesh Dave (President, Notified)

    The transaction combines EQ’s deep expertise in providing transfer agency, ownership intelligence, proxy management and advisory, employee plans, private company solutions, retirement and remediation services with Notified’s widely adopted PR and IR solutions. Each organization serves IR professionals in different but complementary ways. In addition to its shareholder services leadership, EQ brings a robust set of global IR capabilities—including share register analysis, investor targeting, and perception studies—helping companies understand market sentiment and execute unconflicted, data-driven strategies to engage current and prospective investors.  

    By joining forces, EQ and Notified are significantly strengthening the end-to-end support available to IR teams—combining EQ’s governance and ownership intelligence capabilities with Notified’s robust tools for media engagement, real-time analytics, earnings events, IR websites, regulatory filings and GlobeNewswire distribution. This investment will accelerate innovation across the combined offering, as demonstrated by recent advancements like CLEAR’s identity verification technology, expanded premium services and AI-powered tools designed to deliver secure, efficient and modern communications. 

    “Notified has always prioritized innovation that serves the evolving needs of communications professionals,” said Nimesh Davé, President of Notified. “Joining EQ empowers us with greater resources to accelerate our technology roadmap while expanding our reach. Our combined platform now addresses the full spectrum of corporate communications needs, creating a powerful solution for our combined client base. We’re energized by the opportunity to build on our success and deliver even more exceptional value to communicators worldwide.” 

    This acquisition builds on the successful integration of EQ and AST, alongside investment in technology and an additional recent acquisition, demonstrating commitment from owners, Siris Capital, to future growth. These moves further solidify EQ’s position as a global leader in shareholder services, financial communications and compliance solutions.  

    About Equiniti (EQ) 

    EQ helps companies better understand and manage the ownership of their business through every stage of the corporate lifecycle. As trusted advisors, we provide strategic insight and operational expertise across our core services—Transfer Agent Services, Employee Plan Solutions, Ownership Intelligence, Proxy Management and Advisory and Private Company Solutions. Globally, EQ supports 2,200 global issuer clients and 20 million shareholders with operations in the UK, U.S., and India. Learn more at equiniti.com/global

    About Notified 

    We are Notified, and your story goes here. As the only technology partner dedicated to both investor relations and public relations professionals, we help you control and amplify your corporate narrative. Our fully integrated PR and IR platforms streamline every step—whether it’s reaching the right media, press release distribution, and measurement or designing new IR websites, managing investor days, earnings releases, and regulatory filings. Connecting both worlds, GlobeNewswire is one of the world’s largest and most trusted newswire distribution networks, serving leading organizations for over 30 years. Together, we empower communicators to inform a better world.  Learn more at notified.com

    Media Contact 

    Teneo 
    Martin Robinson 
    Tel: +44 20 7353 4200 
    Email: Equiniti@teneo.com 

    1. Armor Holding II, LLC and Orbit Private Holdings I Limited (together, EQ)

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee4a32ea-2e00-4975-ae41-5d73d43824eb

    The MIL Network

  • MIL-OSI: Inuvo to Host First Quarter 2025 Financial Results Conference Call on Friday, May 9th at 8:30 A.M. ET

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., May 01, 2025 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of artificial intelligence AdTech solutions, will host a conference call on Friday, May 9, 2025, at 8:30 AM Eastern Time to discuss its financial results and provide a business update for the first quarter ended March 31, 2025.

    Conference Call Details: 
    Date: Friday, May 9, 2025
    Time: 8:30 a.m. Eastern Time 
    Toll-free Dial-in Number: 1-800-717-1738
    International Dial-in Number: 1- 646-307-1865
    Conference ID: 11109974
    Webcast Link: HERE

    A telephone replay will be available through Friday, May 23, 2025. To access the replay, please dial 1- 844-512-2921 (domestic) or 1- 412-317-6671 (international). At the system prompt, please enter the code 11109974 followed by the # sign. You will then be prompted for your name, company, and phone number. Playback will then automatically begin.

    About Inuvo

    Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit www.inuvo.com.

    Safe Harbor / Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo’s quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the “SEC”), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Inuvo, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 as filed on February 27, 2025, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo’s business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release.

    Inuvo Company Contact:
    Wally Ruiz
    Chief Financial Officer
    Tel (501) 205-8397
    wallace.ruiz@inuvo.com

    The MIL Network

  • MIL-OSI: Live Ventures to Issue Fiscal Second Quarter 2025 Financial Results and Hold Earnings Conference Call on May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, May 01, 2025 (GLOBE NEWSWIRE) — Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal second quarter ended March 31, 2025, before the market opens on Thursday, May 8, 2025. The Company will hold a conference call to discuss the results on Thursday, May 8, 2025, at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eastern Standard Time).

    The dial-in numbers are as follows:

    • 800.231.0316 (U.S.)
    • +1.314.696.0504 (International/caller-paid)
    • Conference Title: Live Ventures FY 2025 Second Quarter Earnings Conference Call

    Please dial in at least 15 minutes in advance, but no sooner than 30 minutes, to ensure you are connected. To listen to the discussion after the call, please go to the “Investor Relations” page of the Live Ventures website (https://ir.liveventures.com/) for a recording.

    About Live Ventures Incorporated
    Live Ventures is a diversified holding company with a strategic focus on value-oriented acquisitions of domestic middle-market companies. Live Ventures’ acquisition strategy is sector agnostic and focuses on well-run, closely held businesses with a demonstrated track record of earnings growth and cash flow generation. The Company looks for opportunities to partner with management teams of its acquired businesses to build increased stockholder value through a disciplined buy-build-hold long-term focused strategy. Live Ventures was founded in 1968. In late 2011 Jon Isaac, CEO and strategic investor, joined the Board of Directors of the Company and later refocused it into a diversified holding company. The Company’s current portfolio of diversified operating subsidiaries includes companies in the textile, flooring, tools, steel, and entertainment industries.

    Contact:
    Live Ventures Incorporated
    Greg Powell, Director of Investor Relations
    725.500.5597
    gpowell@liveventures.com
    www.liveventures.com

    Source: Live Ventures Incorporated

    The MIL Network

  • MIL-OSI: Banzai to Host First Quarter 2025 Financial Results Conference Call on Thursday, May 15, 2025 at 5:45 p.m. Eastern Time

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, May 01, 2025 (GLOBE NEWSWIRE) — Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call on Thursday, May 15, 2025, at 5:45 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2025, as well as review ongoing initiatives and anticipated 2025 milestones.

    Banzai Founder & CEO Joe Davy and Interim CFO Alvin Yip will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.

    To access the call, please use the following information:

    A replay of the webcast and the presentation utilized during the call will be available in the Company’s investor relations section here.

    About Banzai

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

    Forward-Looking Statements

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

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

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

    The MIL Network

  • MIL-OSI: NANO Nuclear Announces Opening Keynote Presentation and Platinum Sponsorship at the Upcoming Reuters Events: SMR & Advanced Reactor 2025 Conference

    Source: GlobeNewswire (MIL-OSI)

    New York, N.Y., May 01, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that it is the Platinum Sponsor of the upcoming Reuters Events: SMR & Advanced Reactor 2025, to be held in Nashville, Tennessee on 12-13, May 2025.

    NANO Nuclear Energy Chief Executive Officer James Walker will lead the opening keynote presentation titled, “The Growth of U.S. Advanced Reactors — Wall Street’s Success Story” at 9:00am on May 12th. In the presentation, he will explore how U.S. policy shifts, global energy demand, and the availability of clean energy focused investment capital are hastening the commercialization of advanced nuclear reactors, including small nuclear reactors (known as SMRs) like those being developed by NANO Nuclear, and how NANO Nuclear capitalized on these trends to become the best performing initial public offering in the U.S. of 2024.

    “Reuters Events offer a valuable opportunity to engage with stakeholders and leading innovators in the SMR and advanced reactor field,” said James Walker, Chief Executive Officer of NANO Nuclear. “I’m excited for NANO Nuclear to be the leading sponsor and to personally participate in this year’s conference to discuss NANO Nuclear’s journey and mission, and gain insights from the broader community shaping the future of nuclear technology.”

    Reuters Events: SMR & Advanced Reactor 2025 is the only senior-level meeting point for the SMR community, where 600+ leaders from utilities, financiers, reactor developers, technology providers and regulators unite to create meaningful connections, share trusted insights, and obtain lessons-learned to inform your multi-billion-dollar strategy at pace.

    “This conference unites some of the most forward-thinking innovators in the advanced reactor space,” said Professor Massimiliano Fratoni, Senior Director and Head of Reactor Design of NANO Nuclear. “It’s an excellent forum to learn about the direction of the nuclear industry and exchange ideas with those driving progress. I’m looking forward to the informative sessions on offer.”

    “NANO Nuclear is executing on schedule, and we expect the next 12 months to include several important regulatory and operational milestones that will help secure our leadership in the U.S. microreactor race,” said Jay Yu, Founder and Chairman of NANO Nuclear. “The achievement of these milestones would be key as we advance toward construction, demonstration, regulatory licensing and eventual commercialization and deployment for our cutting-edge reactors. I look forward to discussing our progress with investors and industry peers at the upcoming Reuters SMR & Advanced Reactor Conference.”

    A replay of Mr. Walker’s presentation if produced by Reuters Events: SMR & Advanced Reactor 2025 will be available on NANO Nuclear’s website for at least 30 days following the presentation at https://ir.nanonuclearenergy.com/news-events/events.

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

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

    For further NANO Nuclear information, please contact:

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

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

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

    Cautionary Note Regarding Forward Looking Statements

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

    Attachment

    The MIL Network

  • MIL-OSI: Questrade offers Canadians a new, value-packed way to supercharge their investment decisions with Questrade Plus

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated* online brokerage — is excited to introduce Questrade Plus to customers across Canada, beginning today. The new, curated offering is designed to help investors and traders of all experiences make more informed investment decisions with advanced tools, better guidance, and savings on high-value services.

    “We are so excited to unveil Questrade Plus to our customers, who are investing time and effort every day to become better investors,” said Hwan Kim, Chief Product Officer, Questrade. “Whether just starting out or seasoned veterans of the market, Questrade Plus provides a value-filled set of tools and resources to help Canadians get further ahead on their investment journey and, ultimately, become much more financially successful and secure.”

    Taking into account direct feedback from Questrade customers, Questrade Plus was designed with accelerating customers’ growth in-mind, catering to a wide range of needs for all investors with real-time streaming, advanced tools, free online journaling, and more. Ensuring that shifting investment priorities were also factored in, customers can start and cancel at any time. All customers can try Questrade Plus free for 30 days and, after that, it’s $11.95/per month + tax.

    Some of the key benefits of Questrade Plus include:

    • Full level 1 real-time streaming data for all primary U.S. equities and options
    • Automated portfolio rebalancing (currently provided with Passiv Elite subscription)
    • No cost, unlimited journaling requests
    • Custom trading alerts to never miss an opportunity
    • Premium educational content to help level-up investing
    • Advanced charting tools, P&L calculator, and more

    Questrade continues to solidify its position as a leading provider of innovative and accessible investment options for Canadian investors with its introduction of zero-commission online trading for Canadian and U.S. listed equities, and real-time fractional stock and ETF trading earlier this year. For more information on what’s ahead, join the r/Questrade community on Reddit where you can learn more and provide direct input to Questrade’s teams.

    About Questrade
    Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.

    *MoneySense 2024

    Media Contact

    For more information, contact Susan Willemsen at The Siren Group Inc. Tel: 416-461-1567 or M: 416-402-4880, or email: susan@thesirengroup.com.

    The MIL Network

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Secures Agreement to Establish United States-Ukraine Reconstruction Investment Fund

    US Senate News:

    Source: The White House
    A FIRST-OF-ITS-KIND HISTORIC PARTNERSHIP: Under the leadership of President Donald J. Trump, the US and Ukraine entered into a historic agreement on April 30, launching a first-of-its-kind partnership for the reconstruction and long-term economic success of Ukraine.
    From start to finish, this agreement is a fully collaborative partnership between our nations, that both the United States and Ukraine will benefit from.
    This partnership represents the United States taking an economic stake in securing a free, peaceful, and sovereign future for Ukraine.
    This agreement will also strengthen the strategic partnership between the United States and Ukraine for long-term reconstruction and modernization, in response to the large-scale destruction caused by Russia’s full-scale invasion.

    The Treasury Department and the U.S. International Development Finance Corporation (DFC) will work together with the Government of Ukraine to finalize governance and advance this important partnership.
    The United States’ DFC will work together with Ukraine’s State Organization Agency on Support Public-Private Partnership, both of which are backed by the full faith and credit of their respective nations.

    LONG TERM RETURNS FOR BOTH COUNTRIES: President Trump envisioned this partnership between the Americans and the Ukrainians to show both sides’ commitment to lasting peace and prosperity in Ukraine
    This partnership between the United States and Ukraine establishes a fund that will receive 50% of royalties, license fees, and other similar payments from natural resource projects in Ukraine.
    That money will be invested in new projects in Ukraine, which will generate long term returns for both the American and Ukrainian peoples.
    As new projects are identified, resources in the fund can be quickly allocated towards economic growth, job creation, and other key Ukrainian development priorities.
    Indirect benefits will include a stronger private sector and more robust, lasting infrastructure for Ukraine’s long-term success.

    The partnership will be controlled by a company with equal representation of three Ukrainian and three American board members, who will work together through a collaborative process to make decisions for allocation of fund resources, such as investment and distributions.
    The partnership will also bring the highest levels of transparency and accountability to ensure that the people of Ukraine and the United States are able to enjoy the benefits of Ukraine’s reconstruction.

    Natural resource projects will include minerals, hydrocarbons, and related infrastructure development.
    If the United States decides to acquire these resources for ourselves, we will given first choice to either acquire them or designate the purchaser of our choice.
    Economic security is national security, and this important safeguard prevents critical resources from falling into the wrong hands.

    Importantly, this partnership sends a strong message to Russia – the United States has skin in the game and is committed to Ukraine’s long-term success.
    No state, company, or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine, including participation in projects supported by fund resources.

    MIL OSI USA News

  • MIL-OSI: Aemetis Biogas Completes $1.6 million of LCFS and D3 RIN Sales in April

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., May 01, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a diversified global renewable natural gas and biofuels company, announced today that the Aemetis Biogas subsidiary of the company completed $1.6 million of sales of California Low Carbon Fuel Standard (LCFS) credits and federal Renewable Fuel Standard D3 Renewable Identification Numbers (D3 RINs) during April 2025.

    The LCFS credits were generated for Q4 2024 at the default rate of -150 carbon intensity. A pending application to the California Air Resources Board (CARB) for seven digesters is in the final approval process, with approval expected this quarter in time for the next quarterly LCFS credit sale. The seven pending dairy digesters are expected to average lower than -350 carbon intensity, a significant increase of more than 120% of the number of LCFS credits that will be received by Aemetis Biogas after the completion of sale transactions compared to the -150 default pathway.

    “Aemetis Biogas production and revenues from dairy RNG continues to grow, with more biogas production from four more dairies planned to come online this quarter,” stated Eric McAfee, Chairman and CEO of Aemetis. “The expected adoption of 20 years of low carbon biofuel mandates in the next few months by CARB after completion of the OAL process is expected to increase the value of the LCFS credits rapidly, compounded by our expected approval of pathways for seven dairies that will increase the number of credits generated by those digesters by an estimated 120%.”

    Aemetis Biogas has signed agreements with 50 diaries and has 11 digesters operating to process waste from 12 dairies. An additional four dairies that supply one large biogas digester are planned to be operational in Q2 2025. The company has installed 36 miles of biogas pipeline, with environmental approval for 60 miles of biogas pipeline to be installed as dairy digesters are completed.

    Dairy RNG generates revenues from sale of the fuel, California LCFS credits, federal D3 RINs and federal Section 45Z production tax credits, in addition to federal Section 48 investment tax credits. In the past 18 months, Aemetis has received $70 million from the sale of $83 million of Section 48 investment tax credits to two corporate purchasers. Additional Section 48 investment tax credit sales are expected to be completed in the next few months as additional dairy digesters are completed.

    Starting in January 2025, Aemetis Biogas generated 45Z production tax credits from dairy RNG production. The sale of 45Z tax credits is in process, with the first sales expected to be completed in summer 2025.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and biofuels company focused on the operation, acquisition, development, and commercialization of innovative technologies that support energy independence and security. Founded in 2006, Aemetis operates and is expanding a California biogas digester network and pipeline system to convert dairy waste into renewable natural gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that also supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year biofuels facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel biorefinery and a carbon sequestration project in California. For additional information about Aemetis, please visit www.aemetis.com.

    Safe Harbor Statement

    This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results; statements related to the development, engineering, financing, construction, timing, and operation of biodiesel, biogas, sustainable aviation fuel, CO2 sequestration, and other facilities; our ability to promote, develop, finance, and construct such facilities; and statements about future market demand and market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to many risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to government policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network

  • MIL-OSI: Bitcoin Depot Schedules First Quarter 2025 Conference Call for Thursday, May 15th at 10:00 am ET

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Thursday, May 15th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2025. Bitcoin Depot plans to release results before the market opens on the same day.

    Call Date: Thursday, May 15, 2025  
    Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time)

    Phone Instructions
    U.S. and Canada (toll-free): 888-596-4144
    U.S. (toll): 646-968-2525
    Conference ID: 4520708

    Webcast Instructions
    Webcast link: https://edge.media-server.com/mmc/p/akdxpm7o

    A replay of the call will be available beginning after 2:00 p.m. Eastern time through May 22, 2025.

    U.S. & Canada (toll-free) replay number: 800-770-2030
    U.S. toll number: 609-800-9909
    Conference ID: 4520708

    If you have any difficulty connecting with the conference call, please contact Bitcoin Depot’s investor relations team at 1-949-574-3860.

    About Bitcoin Depot
    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025. Learn more at www.bitcoindepot.com

    Contacts:

    Investors 
    Cody Slach
    Gateway Group, Inc. 
    949-574-3860 
    BTM@gateway-grp.com

    Media 
    Brenlyn Motlagh, Ryan Deloney 
    Gateway Group, Inc.
    949-574-3860 
    BTM@gateway-grp.com

    The MIL Network

  • MIL-OSI: Nvni Group Limited Reports Record 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    ~ Record FY24 Revenue of R$193.3 Million, up 14.4% from 2023 ~

    ~ Delivered the Company’s First Operating Profit of R$16.5 Million ~

    ~ Significant Improvement in Adjusted EBITDA of R$57.4 Million, up 30% Compared to FY23 ~

    ~ Nuvini CEO Pierre Shurmann to Host Investor Webinar on Friday, May 9th, 2025 at 11:00a.m. Eastern Time ~

    NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — Nvni Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private SaaS B2B companies in Latin America, today announced its financial results for the full year of 2024, highlighted by record revenue, improvements across KPIs and execution of M&A strategy.

    2024 Key Financial & Operational Highlights:

    • Record Net Operating Revenue of R$193.3 million, an increase of R$24.3 million, or 14.4%, compared to R$169.0 million for 2023, driven mainly by an increase in SaaS subscription revenue, increased customer retention and a growing client base.
    • Continued improvement in Gross Profit and Margin of R$122.5 million and 63.4% compared to $102.8 million and 60.8% for 2023.
    • Delivered the Company’s first Operating Profit of R$16.5 million, a sizeable improvement compared to a loss of R$(189.2) million during 2023.
    • Significantly Increased Adjusted EBITDA by R$13.1 million to R$57.4 million or 30% when compared to R$44.3 million during 2023.
    • Adjusted Free Cash Flow of R$22.5 million, an increase of R$31.9 million when compared to 2023.
    • Cash & Equivalents of R$18.0 million at year end compared to R$11.4 million at the end of 2023.
    • Improved churn of (2.9)% when compared to (3.3)% during 2023, marking improved client satisfaction and performance in relation to competition.
    • Recorded Client Lifetime Value (“LTV”) / Client Acquisition Cost (“CAC”): of 6x for the full year of 2024, an improvement compared to 4x for 2023.

    Subsequent Events:

    • Announced on March 18, 2025 that the Company entered into a term sheet for the acquisition of Munddi Soluções em Tecnologia Ltda. – ME (“Munddi”), an online platform that connects brands with consumers, suppliers, and retail chains based in São Paulo, Brazil. This acquisition, if completed, will mark the first of four planned for 2025 as part of Nuvini’s ongoing expansion strategy. The transaction is expected to close during the second quarter of 2025.

    CEO Commentary:

    “We are pleased to report our FY 2024 financial results highlighted by record revenues, operating profit, and substantial improvements across all of our KPIs, further showcasing our executional abilities to drive sustainable growth and optimize operational performance,” said Pierre Shurmann, CEO of Nuvini. “We continue to make meaningful strides to improve profitability while expanding our revenue base, as evidenced by our recently announced plans to acquire Munddi, which will be one of four targeted acquisitions during FY 2025,” he concluded.

    FY 2025 Outlook

    The Company reiterates its target of a minimum of four completed acquisitions in 2025.

    Nvni Group Limited Investor Webinar

    The Company will be hosting an Investor Webinar on Friday May 9th at 11:00a.m. Eastern Time during which Nuvini CEO, Pierre Shurmann, will deliver prepared remarks discussing financial results, strategic updates and FY25 outlook. A question-and-answer session will follow the presentation. To register for the Investor Webinar, please click here. Interested investors and analysts may submit questions in advance through 5:00pm ET on Thursday, May 8, 2025 to NVNI@mzgroup.us.

    Notes on KPIs

    Churn: Nuvini defines Churn for a given period as the percentage calculated from the clients lost over the total active clients of the previous period. Churn is a key performance measure that Nuvini uses to evaluate its clients’ satisfaction and its performance in relation to the competition.

    Client Lifetime Value (“LTV”) / Client Acquisition Cost (“CAC”): Nuvini’s marketing strategy is underpinned by disciplined, results-driven Client Lifetime Value (“LTV”) and Client Acquisition Cost (“CAC”) metrics. LTV is calculated as follows: (1/average of last 6 months churn rate)*(ARPU*Gross Margin). This provides insight to Nuvini management on the estimated lifetime value of a client over time. CAC is calculated as the sales and marketing expenses divided by the volume of new clients and provides insight on the total cost of client acquisition. Nuvini utilizes standard market premises to calculate LTV and CAC. These metrics provide Nuvini management guidance over the rate and timing of return on marketing investments. Nuvini believes enhances engagement, increases brand awareness and drives repeat purchase. Nuvini’s core brands each have a dedicated marketing team whose goal is to develop a bespoke strategy that engages existing business clients and drives awareness amongst new business clients. Additionally, Nuvini’s highly curated brand portfolio emphasizes a differentiated positioning and purpose for each of its brands in order to target a unique business client. Through a consistent focus on ensuring distinctive brand messaging, Nuvini seeks opportunities to redefine and reinvigorate its existing and acquired brands to appeal to targeted business segments.

    About Nuvini

    Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable “business-to-business” SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector. Its business philosophy is to invest in established companies and foster an entrepreneurial environment that would enable companies to become leaders in their respective industries. The Nuvini Group’s goal is to buy, retain and create value through long-term partnerships with the existing management of its acquired companies.

    Investor Relations Contact:

    Sofia Toledo
    ir@nuvini.co

    MZ North America
    NVNI@mzgroup.us

    Forward-Looking Statements

    Some of the statements contained in this press release include or may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies regarding the future. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Nuvini. There can be no assurance that future developments affecting Nuvini will be those that we have anticipated. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan,” “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements contained in this press release include, but are not limited to, statements about the ability of Nuvini to: realize the benefits expected from this strategic partnership; achieve projections and anticipate uncertainties relating to the business, operations and financial performance of Nuvini, including (i) expectations with respect to financial and business performance, including financial projections and business metrics and any underlying assumptions, (ii) expectations regarding market size, future acquisitions, partnerships or other relationships with third parties, (iii) expectations on Nuvini’s proprietary technology and related intellectual property rights, and (iv) future capital requirements and sources and uses of cash, including the ability to obtain additional capital in the future; enhance future operating and financial results; comply with applicable laws and regulations; stay abreast of modified or new laws and regulations applying to its business, including privacy regulation; anticipate rapid technological changes; and effectively respond to general economic and business conditions.

    While forward-looking statements reflect Nuvini’s good faith beliefs, they are not guarantees of future performance. Nuvini disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. For a further discussion of these and other factors that could cause Nuvini’s future results, performance or transactions to differ significantly from those expressed in any forward-looking statement, please see the section “Risk Factors” of the Annual Report on Form 20-F filed by Nuvini with the U.S. Securities and Exchange Commission on April 30, 2025. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Nuvini.

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