NewzIntel.com

Category: CTF

  • MIL-OSI USA: Attorney General Bonta Secures Felony Sentences for Four Defendants Involved in an Organized Retail Theft Scheme Across Four California Counties

    Source: US State of California

    Thursday, May 22, 2025

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    LOS ANGELES – California Attorney General Rob Bonta today announced the sentencing of four individuals who stole items from 60 different Home Depots and then resold them for profit. From October 2021 to February 2023, brothers Jose Delasancha and Luis Delasancha committed a series of grand thefts from Home Depots throughout Southern California, resulting in a total loss of over $82,000. The brothers then sold the stolen items to Everardo Carillo-Avilez and Agustin Garfiaz who re-sold them online. The thefts occurred in the counties of Los Angeles, Orange, San Diego, and Ventura.
     
    “At the California Department of Justice, we are fighting organized crime in the field and in the courtroom,” said Attorney General Bonta. “If you steal from businesses to line your own pockets, we will hold you accountable. I am thankful for my team and all the tireless work that went into this case. We will not tolerate theft that puts our communities and businesses at risk.”
     
    The brothers would drive together to a Home Depot, enter the hardware department and use theft tools to unlock security devices that were securing high-dollar power tools. They would then select the power tools, often clearing an entire shelf, and would fill a Home Depot shopping cart full of the power tools. The brothers would then exit the store without paying for any of the power tools.  
     
    A sixty-count felony complaint was filed against the four defendants. Jose Delasancha recently pled guilty to four counts of grand theft and was sentenced to eight years in state prison. Luis Delasancha previously pled guilty to four counts of grand theft and was sentenced to four years in state prison that will be served locally. Carillo-Avilez pled guilty to organized retail theft and was sentenced to two years felony probation. Garfiaz pled guilty to organized retail theft and receiving stolen property and was sentenced to two years felony probation.
     
    DOJ’s Special Prosecution Section investigates and prosecutes complex criminal cases occurring in California, primarily related to financial, securities, mortgage, and environmental fraud; public corruption, including violations of California’s Political Reform Act; “underground economy” offenses, including tax and revenue fraud and counterfeiting; and human trafficking. Vertical teams of prosecutors, investigators, auditors, and paralegals often work with federal and local authorities on cases involving multi-jurisdictional criminal activity.
     
    A copy of the criminal complaint can be found here.

    # # #

    MIL OSI USA News –

  • MIL-OSI Security: Hollywood Man Sentenced to Nearly 5 Years in Prison for Fraudulently Seeking Millions of Dollars in COVID Tax Breaks

    Source: Office of United States Attorneys

    LOS ANGELES – A Hollywood man who admitted to seeking more than $65 million from the IRS by falsely claiming on tax returns that his nonexistent farming business was entitled to COVID-19-related tax credits was sentenced today to 57 months in federal prison.

    Kevin J. Gregory, 57, was sentenced by United States District Judge Josephine L. Staton, who also ordered him to pay $2,769,173 in restitution.

    Gregory, who has been in federal custody since May 2023, pleaded guilty on January 17 to one count of making false claims to the IRS.

    In response to the COVID-19 pandemic and its economic impact, Congress authorized an employee retention tax credit that a small business could use to reduce the employment tax it owed to the IRS, also known as the “employee retention credit.”

    To qualify, the business had to have been in operation in 2020 and to have experienced at least a partial suspension of its operations because of a government order related to COVID-19 (for example, an order limiting commerce, group meetings or travel) or a significant decline in profits. The credit was an amount equal to a set percentage of the wages that the business paid to its employees during the relevant time period, subject to a maximum amount.

    Congress also authorized the IRS to give a credit against employment taxes to reimburse businesses for the wages paid to employees who were on sick or family leave and could not work because of COVID-19. This “paid sick and family leave credit” was equal to the wages the business paid the employees during the sick or family leave, also subject to a maximum amount.

    From November 2020 to April 2022, Gregory made false claims to the IRS for the payment of nearly $65.3 million in tax refunds for a purported Beverly Hills-based farming-and-transportation company named Elijah USA Farm Holdings.

    The IRS issued a portion of the refunds Gregory claimed, and Gregory used a significant portion – more than $2.7 million – for personal expenses.

    Specifically, in January 2022, Gregory made a false claim to the IRS for the payment of a tax refund in the amount of $23,877,620, which he submitted as part of Elijah Farm’s quarterly federal tax return. Gregory claimed Elijah Farm employed 33 people, paid nearly $1.6 million in quarterly wages, had deposited nearly $18 million in federal taxes, and was entitled to nearly $6.5 million in COVID-relief tax credits.

    In fact, Gregory knew that Elijah Farm employed nobody and paid wages to no one and had not made federal tax deposits to the IRS in the amounts stated on his tax return.

    IRS Criminal Investigation investigated this matter.

    Assistant United States Attorney Kristen A. Williams of the Major Frauds Section prosecuted this case.

    On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. More information on the Justice Department’s response to the pandemic may be found here. 

    Anyone with information about allegations of attempted fraud involving COVID-19 can report it to the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at (866) 720-5721 or via the NCDF online complaint form.

    MIL Security OSI –

  • MIL-OSI Security: Washington man arraigned on drug charges

    Source: Office of United States Attorneys

    GREAT FALLS – A Seattle man accused of distributing drugs on the Fort Belknap Indian Reservation appeared yesterday for arraignment, U.S. Attorney Kurt Alme said.

    The defendant, Jesse James Cochran, 31, pleaded not guilty to an indictment charging him with one count of conspiracy to possess with the intent to distribute controlled substances and one count of possession with the intent to distribute controlled substances. If convicted of the most serious crime charged in the indictment, Cochran faces a mandatory minimum term of imprisonment of 5 years, a maximum term of 40 years, a $5,000,000 fine, and at least four years of supervised release.

    U.S. Magistrate Judge John Johnston presided. Cochran was released pending further proceedings.

    Count one of the indictment alleges that on or about October 2022, and June 2024, in and near the Fort Belknap Indian Reservation, the Cochran knowingly and unlawfully conspired with his co-defendant to possess with the intent to distribute 40 grams or more of methamphetamine. Count two alleges that on or about October 2022, and June 2024, in and near Fort Belknap Indian Reservation, Cochran knowingly and unlawfully possessed with the intent to distribute 40 grams or ore of fentanyl and aided and abetted the same.

    Assistant U.S. Attorney Amanda Myers is prosecuting the case. The Tri-Agency Task Force conducted the investigation.

    The charging documents are merely accusations and defendants are presumed innocent until proven guilty beyond a reasonable doubt.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results. For more information about Project Safe Neighborhoods, please visit Justice.gov/PSN.

    PACER case reference. 24-92.

    The progress of cases may be monitored through the U.S. District Court Calendar and the PACER system. To establish a PACER account, which provides electronic access to review documents filed in a case, please visit http://www.pacer.gov/register.html. To access the District Court’s calendar, please visit https://ecf.mtd.uscourts.gov/cgi-bin/PublicCalendar.pl.

    XXX

    MIL Security OSI –

  • MIL-OSI Security: Convicted Felon Sentenced to 24 Months for Possession of a Glock Semiautomatic Pistol

    Source: Office of United States Attorneys

               WASHINGTON – Tyrell Anthony West, 30, a previously convicted felon and resident of the District of Columbia, was sentenced today in U.S. District Court to 24 months in prison in connection with being in possession of a loaded Glock semiautomatic pistol when police encountered him with a stolen Mercedes.

               The sentencing was announced by U.S. Attorney Jeanine Ferris Pirro, ATF Special Agent in Charge Anthony Spotswood of the Bureau of Alcohol, Tobacco, Firearms, and Explosives – Washington Division, and FBI Assistant Director in Charge Steven J. Jensen of the Washington Field Office, and Chief Pamela Smith of the Metropolitan Police Department.

               West pleaded guilty on Feb. 13, 2025, unlawful possession of a firearm by a felon. In addition to the prison term, U.S. District Court Judge Amit P. Mehta ordered West to serve three years of supervised release. 

               According to court documents, on Feb. 26, 2024, about 7:30 p.m., the officers with the MPD’s Robbery Suppression Unit were travelling down the 2900 block of Knox Place, SE, in unmarked vehicles. An officer noticed a parked silver Mercedes Benz C300 park and watched as West quickly closed the car door and crossed the street at a brisk pace to where a group was congregated. 

               Officers ran the Mercedes’ plate number and learned it was not registered in the database. They approached the vehicle to discover that its VIN number was covered. 

               An officer uncovered the VIN. Another asked West if the car’s registration was in the glove compartment. West opened the glove compartment and then opened the vehicle’s center console. One of the officers immediately spotted a firearm. Three seconds later, the officer checking the VIN number learned the Mercedes had been reported stolen from a car dealership in Howard County, Maryland. 

               From the center console, MPD officers recovered a black Glock 30. .45 caliber semi-automatic firearm loaded and ready to fire with one round of ammunition in the chamber and 13 additional rounds in the magazine. DNA evidence later linked West to the firearm.

               Officers also recovered three plastic bags containing a white rock substance with a combined weight of 82.79 grams, and a black digital scale with white residue. Later testing by the DEA determined the substance was N, Ndimethylpentalone, an illegal synthetic controlled-substance otherwise known as ‘boot.” Officers also recovered 28 suspected suboxone strips from the trunk of the Mercedes. 

               West has a previous conviction for carrying a pistol without a license. On April 22, 2022, he was sentenced to 18 months in prison, which was suspended. On Feb. 9, 2023, he was resentenced to nine months in prison. 

               This case was investigated by the FBI and the Metropolitan Police Department. The matter is being prosecuted by Special Assistant U.S. Attorney Emily Reeder-Ricchetti, former Assistant U.S. Attorney Omeed Ali Assefi, and former Special Assistant U.S. Attorney Monica Svetoslavov.

    24cr134

    MIL Security OSI –

  • MIL-OSI Security: Several convicted for roles in deadly transnational human smuggling operation

    Source: Office of United States Attorneys

    LAREDO, Texas – A sixth and final person has admitted her role in a human smuggling conspiracy that resulted in death, announced U.S. Attorney Nicholas J. Ganjei.

    Mexican national Cynthia Gabriela Muniz Carreon, 30, pleaded guilty to conspiracy to transport an undocumented alien causing serious bodily injury and resulting in death.

    Those previously convicted include Mexican nationals Martha Angelica Limon Parra and David Alejandro Gomez Flores, both 29; Guatemalan national Edy Ronaldo Lima Flores, 37; and Dagoberto Flores, 24, and Angel Elias, 22 both of Laredo.

    All six were part of a transnational human smuggling organization responsible for moving illegal aliens across the southern border of Texas. Their actions led to the death of a Guatemalan man and several other dangerous events, including a rollover crash.

    “For those that may have relatives, friends, or other loved ones that are considering hiring a smuggler, urge them to think twice. If you are thinking about coming to this country illegally, also think twice.” said Ganjei. “Human smuggling is a dangerous, and often deadly, business, and those that are transporting you have little or no regard for your safety or well-being. Do not put your life in the hands of these criminals.”

    Authorities identified Carreon and Parra as Mexico-based coordinators for the organization. Cellphone data revealed both women were part of a WhatsApp group chat titled “La Oficina,” which the organization used to coordinate human smuggling activity. The group maintained detailed ledgers and color-coded spreadsheets documenting the aliens’ biographical information, arrival dates, assigned stash houses, guides and payment status.

    Although many of the aliens were from Guatemala, the smuggling group instructed them to falsely claim Mexican nationality. This tactic exploited U.S. immigration procedure by ensuring the aliens would be removed to Mexico instead of their home country which made it faster and easier for the organization to smuggle them back into the United States.

    Ledgers shared in “La Oficina” chat revealed the organization generated approximately $79,000 in smuggling proceeds between April 12 and 17, 2024, alone.

    Authorities identified Lima Flores as the organization’s Laredo-based transportation coordinator, who hired Dagoberto Flores. Authorities also identified Gomez Flores as the stash house coordinator responsible for receiving aliens from Mexico and illegally harboring them in Laredo. Cellphone evidence revealed Gomez Flores had been involved with the organization since at least 2003 and had received more than $300,000 for helping conceal and transport aliens illegally.

    Elias worked with Lima Flores and acted as both a transporter and scout for the organization.

    The investigation revealed additional smuggling incidents dating back to April 2024, including one in which an alien became so weak and delirious that he could no longer walk through the brush. Authorities also linked the same organization to a smuggling event April 19, 2024, that resulted in a rollover crash near Laredo. A Guatemalan alien involved in the crash suffered serious back injuries and required hospitalization.

    On July 2, 2024, Dagoberto Flores was driving a Ford F-150 transporting aliens. He fled when authorities attempted a traffic stop. The aliens scattered into the brush, including a Guatemalan national who became separated from the group. The investigation revealed he had repeatedly contacted Lima Flores and Carreon asking for help and sharing his location. Carreon told him to stay well hidden and be patient. Authorities later found him deceased. His cause of death was determined to be from heat exhaustion, with temperatures reaching 100 degrees that day.

    U.S. District Judge Marina Garcia Marmolejo will set sentencing at a later date. At that time, each faces up to life in federal prison and a possible $250,000 fine.

    All six have been and will remain in custody pending sentencing.

    Immigration and Customs Enforcement – Homeland Security Investigations, Laredo Police Department Gang Unit, Border Patrol, Texas Department of Public Safety, Encinal Police Department Customs and Border Protections (CBP) and CBP Air and Marine Operations conducted the investigation.

    The case is the result of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation and coordinated efforts of Joint Task Force Alpha (JTFA).

    OCDETF identifies, disrupts and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach.

    JTFA, a partnership with Department of Homeland Security, has been elevated and expanded with a mandate to target cartels and transnational criminal organizations to eliminate human smuggling and trafficking networks operating in Mexico, Guatemala, El Salvador, Honduras, Panama and Colombia that impact public safety and the security of our borders. JTFA currently comprises detailees from U.S. Attorneys’ Offices along the southwest border, including the Southern District of California, Districts of Arizona and New Mexico and Western and Southern Districts of Texas. Dedicated support is provided by the Justice Department’s Criminal Division, led by the Human Rights and Special Prosecutions Section and supported by the Money Laundering and Asset Recovery Section, Office of Enforcement Operations and the Office of International Affairs, among others. JTFA also relies on substantial law enforcement investment from DHS, FBI, DEA and other partners. To date, JTFA’s work has resulted in more than 365 domestic and international arrests of leaders, organizers and significant facilitators of alien smuggling, more than 334 U.S. convictions, more than 281 significant jail sentences imposed and forfeitures of substantial assets.

    This case is also part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s OCDETF and Project Safe Neighborhood.

    JTFA detailee Assistant U.S. Attorney Jennifer Day is prosecuting the case.   

    MIL Security OSI –

  • MIL-OSI Security: Former Mexican Police Officer Sentenced to 63 Months in Prison for Illegal Possession of Firearms

    Source: Office of United States Attorneys

    PHOENIX, Ariz. – Martin Eulalio Molina Lopez, 33, of Hermosillo, Sonora, Mexico, was sentenced on May 19, 2025, by United States District Judge Sharad Desai to 63 months in prison. Molina Lopez previously pleaded guilty to Alien in Possession of a Firearm.

    In early 2024, Molina Lopez was admitted to the United States under a travel visa. In February 2024, Molina Lopez was arrested and charged after law enforcement observed him recruit United States citizens to serve as straw purchasers for firearms at a gun show in Phoenix, Arizona. Law enforcement agents found Molina Lopez in possession of 18 firearms that were purchased by others for him at the show. A subsequent investigation revealed that Molina Lopez, who was prohibited from purchasing firearms in the United States while on a travel visa, had previously recruited United States citizens to purchase an additional 20 firearms on his behalf.

    Molina Lopez retired from the Hermosillo Municipal Police in 2021 after sustaining a gunshot wound.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) conducted the investigation in this case. Assistant U.S. Attorney, Marcus Shand, District of Arizona, Phoenix, handled the prosecution.

    CASE NUMBER:           CR-24-00482-PHX-SHD
    RELEASE NUMBER:    2025-081_MOLINA LOPEZ

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on Twitter @USAO_AZ for the latest news.

     

    MIL Security OSI –

  • MIL-OSI: Chemung Financial Corporation Announces Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    ELMIRA, N.Y., May 22, 2025 (GLOBE NEWSWIRE) — Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.32 per share, payable on July 1, 2025, to common stock shareholders of record as of the close of business on June 17, 2025.

    Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York and operates 30 offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., a financial services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance.

    This press release may be found at www.chemungcanal.com

    Category: Financial

    Source: Chemung Financial Corp

    Contact:
    Scott T. Heffner
    Senior Vice President, Director of Marketing (607) 737-3706
    Stheffner@chemungcanal.com

    The MIL Network –

  • MIL-OSI: Stifel Reports April 2025 Operating Data

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, May 22, 2025 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today reported selected operating results for April 30, 2025 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

    Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “Total client assets and fee-based assets increased 7% and 11%, respectively, from the same period a year ago, due to market appreciation and our continued success in recruiting productive financial advisors. On a month-on-month basis, both our total client assets and fee-based assets finished relatively in-line with March levels, despite significant volatility in the equities markets. Client money market and insured product balances decreased 5% in April as both Smart Rate and Sweep deposits were negatively impacted by typical seasonality.”

    Selected Operating Data (Unaudited)
      As of   % Change
    (millions) 4/30/2025 4/30/2024 3/31/2025   4/30/2024 3/31/2025
    Total client assets $485,551 $454,023 $485,860   7% (0)%
    Fee-based client assets $190,545 $171,422 $189,693   11% 0%
    Private Client Group fee-based client assets $166,029 $150,125 $166,035   11% (0)%
    Bank loans, net (includes loans held for sale) $21,536 $19,962 $21,241   8% 1%
    Client money market and insured product (1) $26,073 $26,318 $27,444   (1)% (5)%

    (1)   Includes Smart Rate deposits, Sweep deposits, Third-party Bank Sweep Program, and Other Sweep cash.

    Company Information

    Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.

    Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations

    The MIL Network –

  • MIL-OSI: Everbright Digital Holdings Limited Announces Closing of Partial Exercise of Over-Allotment Option

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, May 22, 2025 (GLOBE NEWSWIRE) — Everbright Digital Holdings Limited (the “Company” or “Everbright”) (Nasdaq: EDHL), an integrated marketing solutions provider headquartered in Hong Kong, today announced that it has issued an additional 160,000 ordinary shares (the “Ordinary Shares”) at a price of US$4.00 per share for gross proceeds of approximately $640,000, before deducting underwriter discounts and other related expenses, pursuant to the partial exercise of the underwriter’s over-allotment option in connection with the Company’s previously announced initial public offering (the “Offering”). The option closing date was May 22, 2025. The ordinary shares began trading on the Nasdaq Capital Market on April 17, 2025, under the ticker symbol “EDHL”.

    The Company expects to use the net proceeds from the Offering and the exercise of the over-allotment option for (i) marketing and business expansion; (ii) continued research and development of the Company’s core technologies; (iii) business development overseas; (iv) talent acquisition and training; and (v) for working capital.

    The Offering was conducted on a firm commitment basis. Dominari Securities LLC acted as the lead underwriter and Revere Securities LLC acted as co-underwriter for the Offering. Pacific Century Securities, LLC acted as an advisor to the Company. Ortoli Rosenstadt LLP acted as U.S. counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to the underwriters.

    A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File Number: 333-285191) and was declared effective by the SEC on March 31, 2025. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Dominari Securities LLC by email at info@dominarisecurities.com, by standard mail to Dominari Securities LLC, 725 Fifth Avenue, 23rd Floor, New York, NY 10022, or by calling (212) 393-4500. In addition, copies of the final prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

    This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    About Everbright Digital Holding Limited

    Everbright Digital Holding Limited is an integrated marketing solutions provider headquartered in Hong Kong. The Company conducts all operations in Hong Kong through its operating subsidiary, Hong Kong United Metaverse Limited. The Company is an integrated marketing solutions provider in Hong Kong that is deeply involved in the metaverse and related technologies, providing one-stop digital marketing services to support businesses through every stage of their development, including metaverse stimulation, virtual reality (VR) and augmented reality (AR) design and creation, creative event planning and management, IP character creation and social media marketing.

    For more information, please visit the Company’s website: https://umeta.hk/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. 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. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this prospectus. 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 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 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.

    For investor and media inquiries, please contact:

    Everbright Digital Holding Limited
    Leung Chun Yip, CEO
    Email: michael@umeta.hk

    The MIL Network –

  • MIL-OSI USA: Rep. Clyde Applauds Reopening of Several USACE Parks & Boat Ramps at Lake Lanier

    Source: United States House of Representatives – Representative Andrew S. Clyde (R-GA)

    GAINESVILLE, GA — Today, Representative Andrew Clyde (GA-09) released the following statement after the U.S. Army Corps of Engineers (USACE) confirmed only 11 recreational sites on Lake Lanier operated by the USACE will be temporarily closed ahead of Memorial Day weekend, down from the previously planned 21 closures. Additionally, no boat ramps within open sites will be impacted by closures.

    “Upon being informed about the park and boat ramp closures on Tuesday, I pressed the U.S. Army Corps of Engineers to reach a more acceptable solution to safely increase access to sites on Lake Lanier,” said Clyde. “I’m pleased that more Lake Lanier boat ramps will be open, and only 11 recreational sites will be temporarily closed. This is a significant improvement from the previously planned total of 21 site closures, expanding residents and visitors’ safe access to parks. I encourage folks to plan ahead accordingly, stay safe, and enjoy Memorial Day weekend on Lake Lanier.”

    Background

    Earlier this week, 21 federal parks on Lake Lanier were closed due to staffing shortages and safety concerns. Following outreach from Rep. Clyde, the Army Corps provided additional rangers to safely open more boat ramps and additional recreational sites on Lake Lanier.

    Additional information on the temporary closures is available on the USACE’s website HERE.

    MIL OSI USA News –

  • MIL-OSI USA: Luján, Cruz Introduce Bipartisan Bill to Streamline Land Port of Entry Permits

    US Senate News:

    Source: US Senator for New Mexico Ben Ray Luján

    Washington, D.C. – U.S. Senators Ben Ray Luján (D-N.M.) and Ted Cruz (R-Texas) introduced the International Bridge and Port of Entry Modernization Act. This legislation expedites the presidential permitting process for all international bridges and land ports of entry.

    “Ports of entry and international bridges are vital to the economic success of our border communities, supporting trade, business, and tourism. Yet, new border crossings are too often held up by the presidential permit process. I’m proud to introduce bipartisan legislation that will help streamline this process and deliver real investments to Santa Teresa and Sunland Park in New Mexico,” said Senator Luján.

    “Streamlining the permitting process for bridge infrastructure between Texas and Mexico has been a top priority of mine. This bill builds on and expands our success in securing presidential permits for four major international bridge projects in South Texas by streamlining the approval process for all future international bridges along the Texas–Mexico border. I strongly urge my colleagues to pass this bill so it can be sent to the President for signature,” said Senator Cruz.

    Specifically, the International Bridge and Port of Entry Modernization Act would:

    • Expand the scope to include all international land ports of entry along the U.S.-Mexico and U.S.-Canada borders;
    • Add the word “sole” before “basis” to clarify that the State Department should not consider other factors besides America’s foreign policy interest;
    • Include language for the State Department to not consider NEPA during their decision making for the purpose of a presidential permit. NEPA would be considered for any new international bridge or port of entry before construction or expansion.

    Read the full text of the bill here.

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn, Welch Introduce the Carla Walker Act to Help Solve Cold Cases

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    WASHINGTON – U.S. Senators John Cornyn (R-TX) and Peter Welch (D-VT) today introduced the Carla Walker Act, which would dedicate existing federal grant funds to support forensic genetic genealogy (FGG) DNA analysis and help solve previously unsolvable cold cases. The bill is named for Carla Walker, a Fort Worth native whose murderer was finally identified 46 years after her death with the help of this advanced technology.

    “Fort Worth native Carla Walker was abducted in a bowling alley and tragically murdered in 1974, but it took more than four decades and the advent of forensic genetic genealogy DNA analysis for her killer to be identified and brought to justice,” said Sen. Cornyn. “I am proud to have authored this legislation, which would make this cutting-edge DNA testing technology more widely available to law enforcement so they can better identify and prosecute offenders, solve cold cases, and bring closure to victims’ families.”

    “Advancements in forensic DNA technology have revolutionized our ability to combat crime. In Vermont, detectives were able to use forensic genetic genealogy analysis to help provide answers to a family who thought they might never come. We’ve also seen how this technology can be a powerful tool in giving those wrongly accused a chance to clear their names,” said Sen. Welch. “Our bipartisan bill will help investigators across the country harness the incredible power of FGG technology to crack cold cases and deliver justice to countless victims and families, and I’m thankful for Senator Cornyn’s leadership on it.”

    U.S. Congressman Wesley Hunt (TX-38) is leading companion legislation in the House of Representatives.

    Background:

    Typically, when a suspect’s identity is unknown, a crime laboratory uploads the genetic material recovered from a crime scene into the FBI’s national database to search for DNA matches between the forensic sample and any known offenders. While this traditional form of forensic DNA profiling only examines 13-20 Short tandem repeat (STR) DNA markers, forensic genetic genealogy (FGG) technology examines over half a million Single Nucleotide Polymorphisms (SNPs) that span the entirety of the human genome. It does so by cross-referencing shared blocks of SNP markers to identify relatives of the genetic profile by uncovering shared blocks of DNA. This enables criminal investigators to build family trees that ultimately help determine the sample’s identity and solve cases.

    Carla Walker was abducted from a bowling alley parking lot in Fort Worth, Texas, on February 17, 1974. Her body was found three days later in a drainage ditch 30 minutes south of Fort Worth. The Fort Worth Police Department was able to collect a few forensic samples and clothing items from the crime scene, but law enforcement could not solve the murder due to limited forensic technology at the time. Carla’s brother, Jim Walker, never stopped searching for answers and nearly 50 years later, FGG DNA analysis was conducted on the last remaining DNA on a piece of Walker’s clothing, which led to a successful DNA match with the McCurley family and ultimately identified Glen McCurley, Jr. as the killer, who confessed in 2021 and died in prison on July 14, 2023.

    Sen. Cornyn’s Carla Walker Act would create a pilot program to make this cutting-edge FGG DNA analysis more widely available to investigative agencies to:

    • Aid in resolving previously unsolvable cold cases;
    • Assist in the identification of criminals;
    • Seek justice for previously unidentified victims;
    • Help exonerate wrongly accused suspects;
    • And bring closure for the victims’ loved ones. 

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn Provision for Texas Border Security Reimbursement Included in House ‘One Big Beautiful Bill Act’

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Senator John Cornyn (R-TX) released the following statement after the U.S. House of Representatives passed the One Big Beautiful Bill Act, which includes $12 billion in funding to reimburse states like Texas for stepping up during the Biden administration to secure the border due to President Biden’s dereliction of duty:
    “The State of Texas spent more than $11 billion taxpayer dollars to protect and defend the southern border in the Biden administration’s absence, and I commend the House for passing language that serves as a good starting point in the One Big Beautiful Bill to secure billions in critical funding for Texas, which did the job of the federal government amidst the Biden border crisis,” said Sen. Cornyn. “I will continue to spearhead the fight in the Senate for border security reimbursement funding and strengthen the language to ensure that Texas will be rightfully repaid for Operation Lone Star. I thank Congressman Chip Roy and all Texas Republicans in the House for making this reimbursement funding a priority and look forward to working with my Senate colleagues to send the One Big Beautiful Bill Act with these funds included to President Trump’s desk.”
    Background:
    Senator Cornyn has led the fight in Washington to secure federal reimbursement for Texas by:

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn, Cruz, Colleagues Introduce Senate Resolution Honoring U.S. Border Patrol’s 101st Anniversary

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    WASHINGTON – U.S. Senators John Cornyn (R-TX), Ted Cruz (R-TX), and 16 of their Senate colleagues introduced a resolution to commemorate the 101st anniversary of the U.S. Border Patrol, honoring the brave men and women of the Border Patrol for their unwavering service, dedication, and countless sacrifices to our nation.

    Senators Marsha Blackburn (R-TN), Katie Britt (R-AL), Ted Budd (R-NC), Shelley Moore Capito (R-WV), Susan Collins (R-ME), Kevin Cramer (R-ND), Mike Crapo (R-ID), Lindsey Graham (R-SC), John Hoeven (R-ND), John Kennedy (R-LA), James Lankford (R-OK), Cynthia Lummis (R-WY), Pete Ricketts (R-NE), James Risch (R-ID), Rick Scott (R-FL), and Thom Tillis (R-NC) also cosponsored the resolution. Text is below, and you can view the full resolution here.

    “Whereas the Mounted Guard was assigned to the Immigration Service under the Department of Commerce and Labor from 1904 to 1924;

    Whereas the founding members of this Mounted Guard included Texas Rangers, sheriffs, and deputized cowboys who patrolled the Texas frontier looking for smugglers, rustlers, and people illegally entering the United States;

    Whereas, following the Department of Labor Appropriation Act of May 28, 1924, the U.S. Border Patrol was established within the Bureau of Immigration, with an initial force of 450 patrol inspectors, an annual budget of $1,000,000, and $1,300 in annual pay for each patrol inspector, with each patrolman furnishing his own horse;

    Whereas changes regarding illegal immigration and increases of contraband alcohol traffic brought about the need for this young patrol force to have formal training in border enforcement;

    Whereas on March 1, 2003, the Department of Homeland Security was established, and the U.S. Border Patrol became part of U.S. Customs and Border Protection, a component of the new Department;

    Whereas, during the U.S. Border Patrol’s 101-year history, Border Patrol agents have been deputized as United States Marshals on numerous occasions;

    Whereas the present force of more than 19,000 agents and 3,000 professional staff, who are located in 131 stations and 34 permanent checkpoints under 20 sectors, is responsible for protecting more than 8,000 miles of international land and water boundaries, preventing terrorists and terrorists weapons, including weapons of mass destruction, from entering the United States, and providing humanitarian assistance in response to numerous natural disasters and to emergencies that have occurred along the United States’ international borders;

    Whereas the U.S. Border Patrol’s highly trained and motivated personnel have been called upon to perform their duties 24 hours a day, 7 days a week, regardless of scorching southern desert heat or freezing northern winters, and have worked tirelessly as vigilant protectors of our Nation’s borders;

    Whereas every day the men and women of the U.S. Border Patrol put their lives on the line protecting the United States and 163 Border Patrol agents, while serving with honor and integrity, have lost their lives in the line of duty;

    Whereas the men and women of the U.S. Border Patrol have demonstrated a continued commitment to mission, not only through the prevention, detection, and apprehension of those who seek to enter or reenter the United States illegally, but also through the detection and identification of victims of human traffickers and the transnational criminal organizations who profit from the forced movement and labor of such victims, and through the interdiction and seizure of illegal and deadly narcotics, such as fentanyl, before such drugs are further transported into the interior of the United States;

    Whereas through a combination of enforcement of the immigration laws, increases in immigration prosecutions for illegal entry and reentry, continued use of technology, and partnering with other law enforcement entities, including the National Guard, as a force multiplier, the U.S. Border Patrol has seen a significant decrease in border encounters and apprehensions;

    Whereas the U.S. Border Patrol continues to have a historic mission and a firm commitment to the enforcement of immigration laws: Now, therefore, be it

    Resolved, That the Senate—

    (1) recognizes the 101st anniversary of the U.S. Border Patrol on May 28, 2025;

    (2) applauds the significant achievements of the U.S. Border Patrol;

    (3) commends the tens of thousands of men and women who have served in the ranks of the U.S. Border Patrol;

    (4) remembers the 163 agents and pilots who have lost their lives in the performance of their duties;

    (5) commends those Border Patrol agents and their family members who have chosen to make service in the U.S. Border Patrol a family legacy of honor, service, and commitment to mission; and

    (6) offers its support for policies that improve the working conditions for U.S. Border Patrol agents, increase access to cutting edge technology and equipment needed to secure the United States borders, and recruit, hire, and retain more qualified Border Patrol agents.

    MIL OSI USA News –

  • MIL-OSI USA: Ricketts Introduces the HEALTH Panel Act

    US Senate News:

    Source: United States Senator Pete Ricketts (Nebraska)

    WASHINGTON, D.C. – Today, U.S. Senator Pete Ricketts (R-NE) introduced the Healthy Equipping and Lending Technical Help (HEALTH) Panel Act. The bill provides congressional oversight of the Congressional Budget Office’s (CBO) Panel of Health Advisors. Currently, this panel is not bipartisan, lacks regional representation, and holds private meetings.

    “The HEALTH Panel Act is a necessary step toward increasing congressional oversight over unelected bureaucrats,” said Senator Ricketts. “The Panel of Health Advisors can influence scoring of health-related bills. We need to bring this panel into the light. This bill will develop the CBO scoring process so that it accurately represents the healthcare interests of all Americans when evaluating legislation—especially for rural Americans.”

    “Balancing the budget starts with understanding how new policies will impact our bottom line. The HEALTH Panel Act is a necessary, common-sense step to improve both cost estimates and congressional oversight of the CBO’s Panel of Health Advisers, so Congress can craft effective legislation with a full and accurate understanding of budgetary impacts. I thank Senators Ricketts for his support of this critical bill,” said Representative Buddy Carter (GA-01), the HEALTH Panel Act’s lead in the U.S. House of Representatives.

    The HEALTH Panel Act:

    • Requires that the membership of the panel shall include 15 appointed members.
      • The chair and the ranking member of the House Budget Committee will each make three appointments to the panel.
      • The chair and ranking member of the Senate Budget Committee will each make three appointments.
      • The Director of the Congressional Budget Office will make three appointments.
      • Members will serve a term of three years and a maximum of two terms.
    • Requires the Panel to meet at least once annually and to issue an annual report to Congress detailing the work of the Panel.
      • Includes a description prepared by the Director of the Congressional Budget Office detailing how the office utilized any such recommendations provided and the extent to which any such recommendations were integrated into the office’s studies and cost estimates.

    The text of the bill is available here.

    BACKGROUND:

    Over 20 years ago, the Congressional Budget Committee (CBO) created the Panel of Health Advisors. The panel advises CBO in its scoring process on health-related bills.

    There is no statutory authority for this Panel of Health Advisors, nor is there any clear guidance on the purpose, duty, function, responsibility, or appointment authority. It is not bipartisan, and the meetings are not open to the public. This legislation would provide much needed oversight and ensure ideological diversity on the panel.

    Recently, an article revealed that the CBO’s Health Analysis Division is primarily composed of registered Democrats and Democratic donors. This adds to the importance of congressional oversight.

    Last Congress, the HEALTH Panel Act passed the House Budget Committee with every member of the majority voting in favor of it.

    MIL OSI USA News –

  • MIL-OSI USA: Secretary Wright and Hagerty Agree: Nuclear Energy Will Power the American Energy Golden Age

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    Tennessee can lead the nation in nuclear energy production
    WASHINGTON—Yesterday, United States Senator Bill Hagerty (R-TN), a member of the Senate Appropriations Subcommittee on Energy and Water Development, at a hearing received confirmation from Energy Secretary Chris Wright that nuclear energy is the most critical component to bring about the American Energy Golden Age. He also agreed that Tennessee has the potential to be the nation’s leader in nuclear energy production.
    “The United States is at a pivotal moment in energy production,” Hagerty said. “It’s not just for our nation; it’s for the entire world…Tennessee has been at the forefront of what you’ve called yourself as the ‘Manhattan Project 2.0’, and I was very pleased to introduce you there and to talk about how we can leverage the deep technological expertise that we have there in our home state as you take this department and lead our nation toward a new energy future.”
    “I am very hopeful that Tennessee can become the catalyst for the United States as nuclear energy resurgence… But if we could zoom out a bit, Secretary Wright, I’d like to ask you how you see nuclear energy, particularly [Small Modular Reactors], playing a central role in advancing and achieving American energy dominance and grid liability over the next decade,” Hagerty asked.
    “It is the critical technology that could scale wildly beyond where it is today, which is just electricity production into huge-scale electricity production and process heat, an even larger, more critical source of energy to make everything in the globe possible,” said Secretary Wright. “I am all in with you on advancing nuclear…Nuclear is the [energy source] that could burst through.”

    *Click the photo above or here to watch*

    MIL OSI USA News –

  • MIL-OSI USA: To the President’s Desk: Fischer’s Resolution to Overturn California’s EV Mandate, Protect Truckers and Consumers

    US Senate News:

    Source: United States Senator for Nebraska Deb Fischer

    Today, the U.S. Senate approved Senator Deb Fischer’s (R-Neb.) resolution of disapproval to repeal California’s Advanced Clean Trucks (ACT) regulation which imposed unrealistic and stringent emissions requirements for heavy-duty trucks and heavy-duty diesel engines.

    A companion resolution passed the House on April 30, 2025. Now, the resolution will head to the President’s desk where it is expected to be signed into law.

    Fischer also spoke on the Senate Floor in support of her resolution to highlight the necessity in overturning the waiver to stop one state from dictating emission policies for the entire country.

    Click the image above to view a video of Fischer’s remarks

    Click here to download audio
    Click here to download video

    Transcript of Fischer’s remarks as prepared for delivery:

    M. President,

    Today, the United States Senate voted on and passed my resolution to overturn the EPA’s waiver for California’s Advanced Clean Trucks Act.

    First, I’d like to thank my friend and colleague, Chairman Capito, for her strong leadership and work on this very important issue.

    This heavy-handed regulation imposes unrealistic emissions requirements for heavy-duty trucks and heavy-duty diesel engines.

    This government mandate handed down to vehicle manufacturers demand they sell zero-emission trucks at an increased rate from 2024 to 2035.

    We aren’t under any illusion as to what this means.

    We know that the goal is to effectively end the sale of internal combustion engine trucks.

    Now – I’m not here today to disparage electric vehicles – and I’m certainly not here to discourage the manufacturing and purchasing of EVs, either.

    What I am concerned about is the federal government dictating which cars and which trucks are acceptable, and which are not.

    If Americans want to drive an electric or a hybrid car – that’s fine; however, the government should not pick winners and losers in the vehicle marketplace.

    M. President – I believe in the power of America’s free markets – and I believe we should allow the markets to determine the viability of clean trucks.

    Here’s the truth: This California waiver and subsequent regulation is simply not based in reality – and it will have real-world consequences.

    By requiring truckers to meet California’s standards – even while working outside of the state – operator costs will increase, fleet upgrades will be impacted, and interstate commerce will be disrupted.

    And American consumers will bear the brunt of increased costs.

    Hardworking families are already dealing with the high cost of everyday goods and services – and they cannot afford this regulation.

    Let me be clear: This action is necessary to stop one state from dictating emission policies for the entire country.

    Prior to this waiver being granted, California’s own Air Resources Board readily admitted this action would extend beyond its own state borders – and several states have already followed suit.

    I’d also like to address the eligibility of Congress disapproving rules.

    A few weeks ago, I questioned the Government Accountability Office Comptroller during an Appropriations Subcommittee hearing.

    The Comptroller explicitly stated that GAO’s role is just an advisory one – and that it is up to Congress to determine what constitutes a rule.

    Again, let me be clear: We are reclaiming our Congressional authority under the Congressional Review Act.

    I’m proud that this body passed my resolution, which is a commonsense step to keep government overreach at bay, protect consumers, and support America’s free markets.

    With the passage of the House version of this resolution and with the passage of the Senate’s today – it will now head to the President’s desk to be signed into law.

    Thank you, M. President – I yield the floor. 

    MIL OSI USA News –

  • MIL-OSI USA: Warren on Federal Judge Blocking Trump’s Attempt to Dismantle the Department of Education

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    May 22, 2025
    Washington, D.C. – Today, in response to the news that a federal judge issued a preliminary injunction blocking Trump’s attempts to dismantle the Department of Education., U.S. Senator Elizabeth Warren (D-Mass.) released the following statement:
    “Firing over 1,300 federal education workers was all part of Trump’s illegal scheme to dismantle the Education Department. But Donald Trump is not a king, and his attempts to dismantle the Department of Education are illegal. This court ruling is a win for students with disabilities, for working-class students trying to afford college, and for teachers in under-resourced schools.”

    MIL OSI USA News –

  • MIL-OSI Canada: People facing barriers to employment will gain experience for in-demand jobs

    Source: Government of Canada regional news

    The Province, in partnership with the Government of Canada, is providing $7.7 million over two years to create work opportunities for people facing significant barriers to employment.

    “We want people to have the support they need, especially amid global inflation, increased cost of living and uncertainty from tariffs,” said Sheila Malcolmson, B.C. Minister of Social Development and Poverty Reduction. “For those who want to work but face barriers, this funding will provide paid work experience and help them build a path to rewarding employment.”

    Administered by United Way BC over two years, the Work Experience Opportunities Grant (WEOG) will offer grants to non-profit organizations to create time-limited paid work opportunities for people on income and disability assistance and Indigenous people receiving equivalent federal assistance. The program will provide additional income without affecting income or disability-assistance benefits.

    “Many British Columbians face significant barriers to employment,” said Kim Winchell, chief program and impact officer, United Way BC. “United Way BC is committed to supporting people in need throughout our province. Program participants receive paid, hands-on work experience in non-profits to improve their skills and employability, preparing them for in-demand jobs. We’re excited for people to build professional networks and connections that can help them in their future careers.”

    Placements will provide participants with opportunities to contribute to their communities and enhance their job security while gaining skills and experience. Participants will have access to career-transition services, including job-placement support, further training opportunities or mentorship that can help them in future careers.

    This program is funded through the Canada-British Columbia Labour Market Development Agreement.

    Quotes:

    Patty Hajdu, federal Minister of Jobs and Families –

    “On-the-job experience is the surest path to lasting employment. Today’s $7.7-million investment in the Work Experience Opportunities Initiative is helping pair more Canadians seeking work with job openings in high-demand sectors. The federal government is supporting Canadian talent, removing barriers to employment, and building the strongest workforce in the G7.”

    Ross Oh, food hub manager, Collingwood Neighbourhood House –

    “We welcome this new grant as a meaningful step toward building more inclusive communities. At Collingwood Neighbourhood House, we’ve seen first-hand how providing employment opportunities to individuals on income or disability assistance not only strengthens our programs, but also fosters dignity, purpose and connection. This support will allow us to enhance services like our Community Lunch Program while ensuring that those who face barriers to employment are included and empowered.”

    Quick Facts:

    • The Work Experience Opportunities Grant (WEOG) is expected to support as many as 1,200 people.
    • Participants will complete 200-240 hours of work experience. 
    • United Way BC is partnered with more than 800 non-profit organizations throughout the province, including arts, culture, environmental, Indigenous, social services and sport groups.   
    • Grant applications may be made from June 2, 2025 until July 15, 2025.
    • This year, the Government of British Columbia will receive nearly $300 million through the Canada-British Columbia Labour Market Development Agreement, supporting approximately 130,000 people in B.C. annually. 

    Learn More:

    For more information about the Work Experience Opportunities Grant, visit: https://uwbc.ca/program/grants/#provincial   

    To learn more about available WorkBC Employment services, visit: https://www.workbc.ca/discover-employment-services   

    MIL OSI Canada News –

  • MIL-OSI USA: Maine Delegation calls on Admin. to release rural connectivity funds

    Source: United States House of Representatives – Congresswoman Chellie Pingree (1st District of Maine)

    In a letter to the Commerce Department leadership, Maine’s Congressional delegation last night urged the Trump Administration to reverse its decision to freeze nearly $35 million of federal funds designed to close the digital divide between rural and urban communities in the state. 

    “As one of the most rural states in the nation, Maine is especially affected by this decision, which will have an outsized impact on Maine families, small businesses, and communities. The programs created by the grants would ensure access across Maine to the necessary technology and skills to participate in the digital economy,” the delegation wrote in a letter to Commerce Secretary Howard Lutnick and Acting Administrator Adam Cassady.

    The funding, part of the Digital Equity Act program, was approved by Congress through the Bipartisan Infrastructure Law in 2021. Maine was set to receive $35 million through the program for digital skills training, workforce development and expanded telehealth and educational services through libraries, educational institutions and community organizations.

    President Trump announced earlier this month via social media that he was “ending” the program, even as Maine awaited the vast majority of its approved funds. 

    Terminating these funds will increase the difficulties for individuals and families to use the internet to improve their lives and fully participate in an increasingly digital world,” the delegation wrote. “We urge the Department of Commerce to reverse this decision immediately and restore funding for this vital program.”

    The full text of the letter can be found below. 

    +++

    Wednesday, May 21, 2025 

    Dear Secretary Lutnick and Acting Administrator Cassady:

    We write to share our opposition to the recent announcement to terminate Digital Equity Act grant programs. As one of the most rural states in the nation, Maine is especially affected by this decision, which will have an outsized impact on Maine families, small businesses, and communities. The programs created by the grants would ensure access across Maine to the necessary technology and skills to participate in the digital economy.

    Passed by Congress and signed into law under the bipartisan Infrastructure Investment and Jobs Act of 2021, the grants provide a one-time infusion of $2.75 billion to close the digital divide between rural and urban communities, support telemedicine and education programs, strengthen connections between loved ones, and allow people to participate in the digital world regardless of their ZIP Code. This funding is essential in our state, where more than half of older residents, small businesses, veterans, low-income households, tribal communities, and students are in rural areas.

    This funding would serve more than 40,000 Mainers throughout the state who continue to face significant challenges in securing and maintaining internet connectivity. With the administration’s termination announcement, Maine expects to lose the majority of the $35 million it had been awarded to support digital skills and cybersecurity training, expand workforce development, and increase the capacity of the state’s libraries and other community organizations to provide telehealth and educational services.

    The funding is a smart investment that provides safe internet access for rural Mainers. Terminating these funds will increase the difficulties for individuals and families to use the internet to improve their lives and fully participate in an increasingly digital world. We urge the Department of Commerce to reverse this decision immediately and restore funding for this vital program.

    We appreciate your attention to this important matter.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Allen Leads Georgia Colleagues in Effort to Expand Access to India’s Market for U.S. Pecan Producers

    Source: United States House of Representatives – Congressman Rick Allen (R-GA-12)

    Today, Congressman Rick W. Allen (GA-12) led a bipartisan, bicameral group of his colleagues from Georgia in sending a letter to United States Department of Agriculture (USDA) Secretary Brooke Rollins seeking a swift solution in expanding access to India’s market for U.S. pecan producers.

    Joining Congressman Allen in sending the letter are Representatives Sanford Bishop (GA-02), Buddy Carter (GA-01), Lucy McBath (GA-06), Austin Scott (GA-08), Rich McCormick (GA-07), and David Scott (GA-13), as well as Senators Raphael Warnock (D-GA) and Jon Ossoff (D-GA).

    In the letter, the Members write: “As you may know, India is a significant foreign market for U.S. pecans. In 2022, the United States exported more than $1.3 million of pecans to India, and USDA’s Foreign Agricultural Service projects that pecan exports to India could now reach up to $5 million annually. This is a result of successful efforts in advocating for India to cut its tariff on U.S. pecan exports by 70 percent, which opened a market of more than one billion consumers to premium U.S.-grown pecans.

    The Members continue: “While U.S. pecan exporters are now successfully exporting shelled pecans to India, the product purchasers in India have requested the U.S. to export in-shell pecans, which enables the pecans to travel in a more shelf-stable state and allows buyers to finish processing upon arrival in India. However, shipments of U.S. in-shell pecans cannot be completed due to the lack of appropriate plant quarantine code (PQ code) for import into India.

    The Members conclude: “In 2024, the U.S. pecan industry submitted documents to USDA’s Animal and Plant Health Inspection Service (APHIS) to begin the process of obtaining a PQ code, and we write to request assistance from USDA in expediting the process…”

    To read the full letter to Secretary Rollins, click here.

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Brad Sherman Hosts +5,000 in Telephone Town Hall before Voting Against Trump’s “Big Ugly” Bill in the Dead of Night

    Source: United States House of Representatives – Congressman Brad Sherman (D-CA)

    SHERMAN OAKS, CALIFORNIA – Last night, Congressman Brad Sherman (CA-32)hosted more than 5,000 constituentsin a liveTelephone Town Hall just before casting his vote against President Donald Trump’s “Big Bill” — a massive Republican budget plan loaded with tax breaks for the ultra-wealthy and deep cuts to vital healthcare and nutrition assistance programs for American families. 

    “The energy during last night’s Town Hall meeting made it clear: people are alert, informed, and demanding leadership that’s willing to stand up to this administration’s outrageous corruption and brazen abuses of power,” said Congressman Sherman.

    Congressman Sherman used the Town Hall to brief constituents on his efforts to push back against what he called “a coordinated assault on working families, democracy, and ethics” tied to Trump’s policy comeback and personal profiteering.

    At the start of the event, Congressman Sherman broke down the contents of the Republican budget reconciliation bill, which slashes Medicaid funding, repeals key climate initiatives, and includes major tax breaks for the wealthy. He explained why he would be voting no right after the Town Hall: “This big, ugly bill epitomizes the true nature of Trump’s entire policy agenda — one that favors billionaires over everyday Americans.”

    The Congressman also addressed recent corruption schemes surrounding Trump’s business dealings:

    -The Qatari government’s offering Trump a luxury jet while lobbying his allies in Washington;

    -China’s state-affiliated entities purchasing large stakes in a Trump-branded cryptocurrency initiative, raising red flags about foreign influence and national security;

    -A $2 million investment from Abu Dhabi into Trump’s so-called “stablecoin” crypto venture, which Sherman characterized as “yet another pay-to-play scheme cloaked in blockchain buzzwords.”

    “These aren’t isolated incidents — they form a pattern of transactional politics and foreign entanglements that put personal gain over public duty in a way that’s dangerously unprecedented,” Sherman told constituents.

    He also laid out broader Democratic efforts to resist Trump’s broader agenda, including fighting attempts to roll back voting rights, immigrant protections, safeguards for consumers and more. 

    Constituents brought forward their own concerns, ranging from the future of reproductive rights, the health of our economy amid Trump’s tariffs, to the safeguarding of our democracy in the face of rising extremism — areas where Sherman said Congress must act with urgency and resolve.

    Shortly before heading to the Capitol to cast his vote against Trump’s massive and extremist budget bill, the Congressman concluded the Town Hall meeting by encouraging constituents to stay engaged and continue raising their voices against the on-going assault on our democratic norms.

    During the Town Hall, Sherman requested input from residents by asking a series of survey questions about their thoughts and concerns.

    The results of the survey questions are as follows:

    1. Do you approve of President Trump’s performance as President so far?
    • Approve: 7%
    • Disapprove: 90%
    • Unsure: 2%
    1. Should your Member of Congress vote for legislation that they think is good for the country, or should they vote NO on everything that Republican Speaker Johnson is willing to propose and Trump is willing to sign?
    • Obstruction & Resistance: Vote NO on all of Speaker Johnson and President Trump’s legislation: 38%
    • Negotiate with Republicans but only vote for a bill Democrats think is good: 55%
    • Vote with Republicans: 3%
    • Unsure: 4%
    1. Should I vote for the Republican reconciliation bill that provides a tax cut of $82,000 to those who make over $1 million per year, takes away healthcare from 14 million Americans, and increases the U.S. debt by over $5 trillion?
    • Yes, vote for the Republican bill: 4%
    • No / Hell No, don’t vote for the Republican bill: 91%
    • Unsure: 4%

    ###

    MIL OSI USA News –

  • MIL-OSI USA: SEC Charges Former Real-Estate Investment CEO with Operating Multimillion Dollar Ponzi-Like Scheme

    Source: Securities and Exchange Commission

    The Securities and Exchange Commission today charged San Francisco Bay Area resident Kenneth Mattson, the former CEO of real estate investment business LeFever Mattson, with defrauding approximately 200 investors of at least $46 million by selling them fake interests in real estate investment limited partnerships. Many of these investors were retired senior citizens Mattson met through his church community.

    According to the SEC’s complaint, LeFever Mattson managed legitimate limited partnerships that invested in residential and commercial real estate, and that were owned by a set of real investors. From approximately 2007 to April 2024, Mattson allegedly offered and sold fake ownership interests in these limited partnerships to defrauded investors. According to the complaint, the fake sales were not reflected in the legitimate records of ownership, and investors who purchased the fake interests never became actual limited partners or received ownership rights. Instead, Mattson allegedly commingled new investor funds with personal and business funds and used the commingled funds to make Ponzi-like payments, gave defrauded investors false tax records, and misappropriated investor funds to pay for personal expenses and real estate transactions and expenses related to his personal partnership, KS Mattson Partners LP. The complaint further alleges that Mattson solicited investors to transfer funds from their individual retirement accounts (IRA) to so-called self-directed IRAs, enabling them to invest in the purported limited partnership interests Mattson offered and sold. These purported sales were not recorded in LeFever Mattson’s books and records, and these investors did not become actual limited partners, according to the complaint.

    “As our complaint alleges, Mattson lied to hundreds of individual investors, many of whom were retirees investing their hard-earned savings, and did not actually sell them the ownership interests that he promised,” said Sam Waldon, Acting Director of the SEC’s Division of Enforcement. “The SEC is firmly committed to pursuing those who prey on retail investors and retirees, such as the individuals we allege that Mattson targeted.”

    The SEC’s complaint, filed in the U.S. District Court for the Northern District of California, charges Mattson with violating the antifraud and registration provisions of the federal securities laws. The SEC seeks permanent injunctions, including a conduct-based injunction, disgorgement with prejudgment interest, civil penalties, and an officer and director bar. The complaint also names KS Mattson Partners LP as a relief defendant and seeks disgorgement of its ill-gotten gains with prejudgment interest.

    The SEC’s Office of Investor Education and Advocacy has issued an Investor Alert with tips on how investors can identify and avoid frauds that operate in connection with self-directed IRAs.

    In a parallel action, the U.S. Attorney’s Office for the Northern District of California today announced criminal charges against Mattson.

    The SEC’s investigation was conducted by Duncan C. Simpson LaGoy, Natasha Bronn Schrier, and Michael Foley and was supervised by David Zhou and Jason H. Lee of the San Francisco Regional Office. The litigation will be led by Mr. Simpson LaGoy and Ms. Bronn Schrier. The SEC appreciates the assistance of the U.S. Attorney’s Office for the Northern District of California and the FBI.

    MIL OSI USA News –

  • MIL-OSI USA: Leader of Qakbot Malware Conspiracy Indicted for Involvement in Global Ransomware Scheme

    Source: US Justice – Antitrust Division

    Headline: Leader of Qakbot Malware Conspiracy Indicted for Involvement in Global Ransomware Scheme

    A federal indictment unsealed today charges Rustam Rafailevich Gallyamov, 48, of Moscow, Russia, with leading a group of cyber criminals who developed and deployed the Qakbot malware. In connection with the charges, the Justice Department filed today a civil forfeiture complaint against over $24 million in cryptocurrency seized from Gallyamov over the course of the investigation.

    MIL OSI USA News –

  • MIL-OSI USA: U.S. Attorneys for Southwestern Border Districts Charge More than 1100 Illegal Aliens with Immigration-Related Crimes During the Third Week in May as part of Operation Take Back America

    Source: US Justice – Antitrust Division

    Headline: U.S. Attorneys for Southwestern Border Districts Charge More than 1100 Illegal Aliens with Immigration-Related Crimes During the Third Week in May as part of Operation Take Back America

    Since the inauguration of President Trump, the Department of Justice is playing a critical role in Operation Take back America, a nationwide initiative to repel the invasion of illegal immigration, achieve total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    MIL OSI USA News –

  • MIL-OSI USA: Governor Lamont Directs Flags To Half-Staff Monday for Memorial Day

    Source: US State of Connecticut

    (HARTFORD, CT) – Governor Ned Lamont today announced that he is directing U.S. and state flags in Connecticut lowered to half-staff from sunrise until noon on Monday, May 26, 2025, in observance of Memorial Day to honor and mourn all military personnel who have died while serving the U.S. Armed Forces.

    As is customary and unique for this holiday, flags are lowered in the morning and then raised to full-staff promptly at noon, where they remain for the remainder of the day.

    In addition, Governor Lamont announced that both the Pearl Harbor Memorial Bridge, which carries I-95 across the Quinnipiac River in New Haven, and the parking structure at the Stamford Transportation Center will be illuminated in red, white, and blue lights each night this holiday weekend, beginning on the evening of Friday, May 23, and continuing through the evening of Monday, May 26. Both structures operate under the management of the Connecticut Department of Transportation.

    “Our nation’s service members put their lives on the line to protect the freedoms and liberties that make this country the greatest in the world, and we honor and pay tribute to all of the fallen heroes,” Governor Lamont said. “On this Memorial Day, I urge everyone in Connecticut to take time to reflect on those who have given their lives in service to our nation, keep their families in your prayers, and thank all of those currently enlisted and our veterans for their service.”

    “As we observe Memorial Day weekend, let us remember the heroic men and women who have consistently demonstrated an unwavering sense of duty, resilience, and bravery in their service to our country,” Lt. Governor Susan Bysiewicz said. “We owe a great debt to the members of the U.S. military, and we should honor those service members who made the ultimate sacrifice so that we may enjoy our freedom. I hope that Connecticut’s residents will join me, not only this weekend but every day, in paying tribute to these heroes and their families.”

    In accordance with the governor’s directive, flags will be at half-staff on the Connecticut State Capitol building and all other state-operated buildings, grounds, and facilities statewide. Individuals, businesses, schools, municipalities, and any other private entities and government subdivisions are encouraged to lower their flags for this same duration of time. Since no flag should fly higher than the U.S. flag, all other flags, including state, municipal, corporate, or otherwise, should also be lowered.

    To receive email alerts when the governor orders flags to half-staff, visit portal.ct.gov/governor/news/sign-up-for-news-updates.

     

    MIL OSI USA News –

  • MIL-OSI Security: Albany Man Arrested for Posing Online as a Teenage Boy to Obtain Child Sexual Abuse Material from a Minor Victim

    Source: Office of United States Attorneys

    CONCORD – An Albany man was arrested for posing online as a teenage boy to obtain child sexual abuse material (CSAM) from a minor victim, Acting U.S. Attorney Jay McCormack announces.

    Brian Hargraves, 54, was arrested on Tuesday and indicted yesterday on charges of Possession of and Access with Intent to View Child Pornography.  He appeared in federal court on May 21, 2025.

    According to the charging documents, on April 29, 2025, law enforcement conducted a search of Hargraves mobile phones following a citizen complaint. A review of one of the phones revealed sexually explicit images and videos of a 16-year-old minor victim.  Hargraves allegedly met the minor victim online and told her that he was a teenage boy and asked her to create explicit videos and images of herself to send to him.

    The charging statute provides a sentence of no greater than 10 years. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    The Federal Bureau of Investigation led the investigation. Valuable assistance was provided by the Carroll County Sheriff’s Department and the Conway Police Department. Assistant U.S. Attorney Matthew Vicinanzo is prosecuting the case.

    The case is brought as part of Project Safe Childhood. In 2006, the Department of Justice created Project Safe Childhood, a nationwide initiative designed to protect children from exploitation and abuse. Led by the U.S. Attorneys’ Offices and the DOJ’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state and local resources to better locate, apprehend, and prosecute individuals who exploit children, as well as identify and rescue victims. For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov/.

    The details contained in the charging documents are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

  • MIL-OSI: Crown LNG Holdings Limited Discloses Receipt of NASDAQ Notice

    Source: GlobeNewswire (MIL-OSI)

    LONDON, May 22, 2025 (GLOBE NEWSWIRE) — On May 19, 2025, Crown LNG Holdings Limited (the “Company”)  (NASDAQ: CGBS), received a letter (the “Letter”) from The NASDAQ Stock Market LLC (“NASDAQ”) indicating that, as a result of not having timely filed its Annual Report on Form 20-F for the period ended December 31, 2024 (the “20-F”) with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of all required financial reports with the SEC.

    The Letter has no immediate effect on the listing of the Company’s ordinary shares on the NASDAQ Capital Market. Under the Letter, the Company has 60 days following the receipt of the Letter within which to submit a plan to NASDAQ showing how it intends to regain compliance. The Company intends to file the 20-F as soon as possible, and thereafter, believes the Company will be in compliance with all of the NASDAQ continued listing requirements except as previously disclosed.

    Forward Looking Statements

    This update includes forward-looking statements that involve risks and uncertainties, including the Company’s ability to regain compliance with NASDAQ Listing Rule 5250(c)(1). Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in any subsequent filings with the Securities and Exchange Commission (the “SEC”). Copies are available on the SEC’s website, www.sec.gov. Crown expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in Crown’s expectations or any change in events, conditions or circumstances on which any statement is based.

    About Crown LNG Holdings Limited

    Crown LNG is a leading provider of offshore LNG liquefaction and regasification terminal infrastructure solutions for harsh weather locations, which represent a significant addressable market for bottom-fixed, gravity based liquefaction and floating storage regasification units, as well as associated green and blue hydrogen, ammonia and power projects. Through this approach, Crown aims to provide lower carbon sources of energy securely to under-served markets across the globe. Visit www.crownlng.com/investors for more information.

    Contacts

    Investors
    Caldwell Bailey
    ICR, Inc.
    CrownLNGIR@icrinc.com

    Media
    Zach Gorin
    ICR, Inc.
    CrownLNGPR@icrinc.com

    The MIL Network –

  • MIL-OSI: Medallion Bank Announces Closing of Series G Preferred Stock Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBNKP, MBNKO), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today that it has closed a public offering of 3,100,000 shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share, with a liquidation amount of $25 per share (the “Series G Preferred Stock”) and an aggregate liquidation amount of $77.5 million, which includes a partial exercise of the underwriters’ option to purchase an additional 100,000 shares of the Series G Preferred Stock. The offering priced on May 15, 2025.

    Medallion Bank’s Series G Preferred Stock commenced trading on the Nasdaq Capital Market under the ticker symbol “MBNKO” on May 22, 2025. Medallion Bank remains a wholly owned subsidiary of Medallion Financial after the completion of the offering.

    Medallion Bank intends to use the net proceeds from this offering for general corporate purposes, which may include, among other things, increasing Medallion Bank’s capital levels,
    growing its consumer loan portfolios or redeeming some or all of its outstanding Series F Non-Cumulative Perpetual Preferred Stock (the “Series F Preferred Stock”), subject to the prior approval of the Federal Deposit Insurance Corporation.

    Piper Sandler & Co. and Lucid Capital Markets, LLC acted as joint book-running managers. A.G.P./Alliance Global Partners, B. Riley Securities, Inc., InspereX LLC, Ladenburg Thalmann & Co. Inc., Muriel Siebert & Co., LLC, Wedbush Securities Inc., and William Blair & Company, L.L.C. acted as lead managers.

    The offering of the Medallion Bank’s Series G Preferred Stock was exempt from the registration requirements of the Securities Act of 1933 pursuant to Section 3(a)(2) of that Act and was made only by means of an offering circular. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. The securities are neither insured nor approved by the Federal Deposit Insurance Corporation or any other Federal or state regulatory body.

    The final offering circular relating to the offering is available at medallionbankoffering.com. In addition, copies of the final offering circular may also be obtained from: Piper Sandler & Co.; Attn: Debt Capital Markets, 1 Greenwich Plaza, 1st Floor, Suite 111, Greenwich, CT 06830, or by email at fsg-dcm@psc.com.

    About Medallion Bank

    Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City and is a wholly owned subsidiary of Medallion Financial Corp.

    This press release contains “forward-looking statements”, which reflect Medallion Bank’s current views with respect to future events and which address matters that are, by their nature, inherently uncertain and beyond Medallion Bank’s control. These statements are often, but not always, made through the use of words or phrases such as “expect” and “intend” or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These statements relate to the offering of shares of the Series G Preferred Stock and the anticipated use of the net proceeds by Medallion Bank and are subject to numerous conditions, many of which are beyond the control of Medallion Bank. No assurance can be given that Medallion Bank will decide to redeem its Series F Preferred Stock or, if it does, the amount to be redeemed and the timing of redemption and required regulatory approval. Medallion Bank undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. For a description of certain risks to which Medallion Bank is or may be subject, please refer to the factors discussed under the headings “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors,” in Medallion Bank’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025.

    This press release does not constitute a notice of redemption with respect to the Series F Preferred Stock. If Medallion Bank decides to redeem the Series F Preferred Stock, it intends to announce its decision by press release and an appropriate notice of redemption during the applicable notice window.

    Company Contact:
    Investor Relations
    212-328-2176
    InvestorRelations@medallion.com

    The MIL Network –

  • MIL-OSI: Athene Holding Ltd. Declares Second Quarter 2025 Preferred Stock Dividends

    Source: GlobeNewswire (MIL-OSI)

    WEST DES MOINES, Iowa, May 22, 2025 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) announced that it has declared the following preferred stock dividends on its non-cumulative preferred stock (represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock), payable on June 30, 2025 to holders of record as of June 15, 2025.

    • Quarterly dividend of $396.875 per share on the company’s 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”); holders of depositary shares will receive $0.396875 per depositary share.
    • Quarterly dividend of $351.5625 per share on the company’s 5.625% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series B (the “Series B Preferred Stock”); holders of depositary shares will receive $0.3515625 per depositary share.
    • Quarterly dividend of $398.4375 per share on the company’s 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series C (the “Series C Preferred Stock”); holders of depositary shares will receive $0.3984375 per depositary share.
    • Quarterly dividend of $304.6875 per share on the company’s 4.875% Fixed-Rate Perpetual Non-Cumulative Preferred Stock, Series D (the “Series D Preferred Stock”); holders of depositary shares will receive $0.3046875 per depositary share.
    • Quarterly dividend of $484.375 per share on the company’s 7.750% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series E (the “Series E Preferred Stock”); holders of depositary shares will receive $0.484375 per depositary share.

    Depositary shares for the Series A Preferred Stock are listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “ATHPrA,” depositary shares for the Series B Preferred Stock are listed on the NYSE under the ticker symbol “ATHPrB,” depositary shares for the Series C Preferred Stock are listed on the NYSE under the ticker symbol “ATHPrC,” depositary shares for the Series D Preferred Stock are listed on the NYSE under the ticker symbol “ATHPrD,” and depositary shares for the Series E Preferred Stock are listed on the NYSE under the ticker symbol “ATHPrE.”

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

    Contact:

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

    The MIL Network –