Category: Economy

MIL-Evening Report: Philadelphia’s $2B affordable housing plan relies heavily on municipal bonds, which can come with hidden costs for taxpayers

Source: The Conversation (Au and NZ) – By Jade Craig, Assistant Professor of Law, University of Mississippi

The Parker administration says it will issue $800 million in bonds over the next four years to fund affordable housing. Jeff Fusco/The Conversation, CC BY-NC-SA

Philadelphia Mayor Cherelle Parker’s Housing Opportunities Made Easy initiative, which was included in the city budget passed June 12, 2025, is an ambitious effort to address the city’s affordable housing challenges.

Parker has promised to create or preserve 30,000 affordable housing units throughout the city, at a cost of roughly US$2 billion.

To help fund the plan, the Parker administration says it will issue $800 million in housing bonds over the next three years.

In an April 2025 report on the housing plan, the Parker administration admits that, in light of declining federal investment in affordable housing, proceeds from municipal bonds issued by the local government “have taken on an outsized role” in Philadelphia’s housing programs.

Often, only city treasurers and the finance committees of city councils pay attention to the details behind these municipal bonds.

As a law professor who studies the social impact of municipal bonds, I believe it’s important that city residents understand how these bonds work as well.

While municipal bonds are integral to the city’s effort to increase access to affordable and market-rate housing, they can include hidden costs and requirements that raise prices in ways that make city services unaffordable for lower-income residents.

The Parker administration has vowed to create or preserve 30,000 affordable housing units in Philly through new construction, rehabilitation and expanded rental assistance.
Jeff Fusco/The Conversation, CC BY-SA

How municipal bonds work

Most people are aware that companies sell shares on the stock market to raise capital. State and local governments do the same thing in the form of municipal bonds, which help them raise money to cover their expenses and to finance infrastructure projects.

These bonds are a form of debt. Investors can purchase an interest in the bond and, in exchange, the local government promises to pay the money back with interest in a specified time period. The money from investors functions like a loan to the government.

Municipal bonds are often used so that one generation of taxpayers is not having to bear the full cost of a project that will benefit multiple generations of residents. The cost of building a bridge, for example, which will be in use for decades, can be spread out over 30 years so that residents pay back the loan slowly over time rather than saddle residents with huge tax increases one year to cover the cost.

However, the cost of borrowing pushes up the cost of projects by adding interest payments the same way a mortgage adds to the overall cost of buying a house. Overall, the market and state and local governments have historically viewed this cost as a worthy trade-off.

Some municipal bonds have limits

The Parker administration has several options when it comes to raising capital on the municipal market.

The most common method is through general obligation bonds, which are backed by the city’s authority to impose and collect taxes. Bondholders rely on the city’s “full faith and credit” to assure them that if the city has difficulty paying back the debt, the city will raise taxes on residents to secure the payment.

The city plans to use general obligation bonds to help fund its affordable housing plan, but there are limits on how much it can borrow this way. The state constitution limits Philadelphia’s ability to incur debt to a total of 13.5% of the value of its assessed taxable real estate, based on an average of this amount for the preceding 10 years.

Philadelphia is more affordable than several other big U.S. cities, according to a 2020 report from the Pew Charitable Trusts, but it has a high poverty rate.
Jeff Fusco/The Conversation, CC BY-SA

Philly has another option

The city, however, also has the authority to take on another form of debt: revenue bonds. Revenue bonds rely on specific sources of revenue instead of the government’s taxing power. Jurisdictions issue revenue bonds to fund particular projects or services – usually ones that generate income from fees paid by users.

For example, a publicly owned water utility or electric company relies on water and sewage fees or electricity rates and charges to pay back their revenue bonds. Likewise, a transportation authority will rely on tolls to pay back revenue bonds issued to build a toll road, such as the Pennsylvania Turnpike.

Under state law, revenue bonds are “non-debt debts.” They are not debts owed by the city, because the city has not promised to repay the debt through the use of its own taxing powers. Instead, the people who pay the fees to use the service are paying back the debt.

Since states began to place stricter limits on debt in the wake of the Great Depression in the 1930s, cities across the U.S. have increasingly used revenue bonds to get around state debt limits and still fund valuable public services, including affordable housing projects.

When another government entity – rather than the city – issues the bond, and the city pays them a service fee for doing so, it’s a form of what’s called conduit debt. That obligation to pay the service fee to the other government entity is the conduit debt that the city pays out of its general fund.

In Philadelphia, conduit debt includes revenue bonds issued by the Philadelphia Authority for Industrial Development and Philadelphia Redevelopment Authority.

From fiscal years 2012 to 2021, the city’s outstanding debt from general obligation bonds paid for out of its general fund was between $1.3 billion to $1.7 billion per year. However, the city’s conduit debt outstripped that number every year, ranging from $1.8 billion to nearly $2.3 billion. In more recent years, conduit debt has been less than the city’s debt from general obligation bonds.

The city keeps conduit debt on its books – and is obligated to pay it back – even though it comes from bonds issued by the development authorities, because these debts loop back to the city. In the bonds issued by these agencies, the city actually becomes like a client of the agency. The city is typically obligated to pay the agency service fees as part of a contractual obligation that cannot be canceled.

The revenue on which the development agencies’ bonds rely, the money from which bondholders expect to be paid back, does not come from fees that residents pay out of their own pocket – for example through ticket sales from a sports stadium built with revenue bonds. The money instead comes out of the city’s treasury.

A loophole to affordable housing

Essentially this is a loophole for the city to bypass debt limits set for Philadelphia in the state constitution. Sometimes creativity in government requires using loopholes to get the job done – to get to yes instead of a stalemate.

Consider this analogy. Say your sister takes out a bank loan to buy a car for you because your credit limit is maxed out. She is relying on you to pay her back, and she uses your payment to pay the bank. But if you don’t pay her back, she’s not responsible by law for paying the bank herself. So, it’s your debt, but she is the conduit.

If the city holds itself accountable, it can use conduit debt responsibly to make affordable housing construction a reality.

The mayor’s office did not respond to my questions about whether they plan to use conduit debt issued by a development authority, whether that conduit debt would include service fees, and what funds would be used to pay those fees.

In its quest to increase access to affordable housing, the Parker administration should, in my view, be mindful of limiting the service fees it agrees to pay – which have no legally prescribed limits – and also account for where it will find income to cover these costs. For example, will it come from the sale of city-owned land? Fees charged to developers? Or some other source?

Otherwise, taxpayers may be left to foot a bill that is essentially unlimited.

Read more of our stories about Philadelphia.

Jade Craig 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. Philadelphia’s $2B affordable housing plan relies heavily on municipal bonds, which can come with hidden costs for taxpayers – https://theconversation.com/philadelphias-2b-affordable-housing-plan-relies-heavily-on-municipal-bonds-which-can-come-with-hidden-costs-for-taxpayers-253522

MIL OSI Analysis – EveningReport.nz –

July 3, 2025
MIL-OSI Russia: /Economic Review/ Technological innovation drives growth and expansion of Chinese private enterprises

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

BEIJING, July 2 (Xinhua) — The service life of a standard photovoltaic cable is usually 15 years. However, in western China’s Qinghai-Tibet Plateau, such a cable lasted only eight years due to harsh weather conditions such as sudden temperature changes and intense ultraviolet radiation.

The question of how to extend the service life of photovoltaic cables under such conditions was pressing. Ounaite Cable Group Co., Ltd., a private cable manufacturer in Qinghai Province, Northwest China, developed its own solutions in the form of soybean and rapeseed oils, which are considered useful in changing the properties of cables.

The company decided to use a plasticizer derived from soybean and rapeseed oil in the production process of photovoltaic cables, which allowed them to be more flexible. It also used nanocoatings to increase the service life of the cable jackets.

Thanks to years of innovative efforts, the company’s photovoltaic cables remain flexible at temperatures down to minus 40 degrees Celsius, and also withstand corrosion and intense ultraviolet radiation in high-altitude conditions.

To date, Ounaite Cable has obtained more than 130 patents in this field, including 15 patents with independent property rights. With about 10% of the domestic market share in the photovoltaic power transmission and engineering systems sector, the company has also successfully entered the global market.

“Strengthening independent innovation is the key to our transition from a follower to a leader,” said Yang Zhentao, chairman of Ounaite Cable, noting that the company’s annual output of photovoltaic cables currently reaches 120,000 km – enough to circle the Earth three times.

The company continued to expand steadily in 2025, with orders up 45 percent year-on-year in the first five months, Yang Zhentao said, adding that the company aims to reach 20 billion yuan (about $2.8 billion) in production volume by next year, as construction on a new 100 million yuan investment project began in June.

Ounaite Cable’s rise from a micro-firm to a national high-tech enterprise and a member of China’s “little giants” is not an isolated case. “Little giants” are the elite of small and medium-sized enterprises that specialize in a specific market niche, possess advanced technology, and demonstrate great potential.

Hainan Huayan Collagen Technology Co., Ltd., another national high-tech enterprise located in Hainan Province, South China, has successfully developed a new product from fish collagen peptide, filling the gap in the global market of cyclic dipeptides derived from fish.

According to Zhao Zifang, head of the company’s research and development center, this result was achieved after the research team spent more than two years conducting nearly 3,000 experiments.

The company has put into operation two production lines, resulting in an annual output of 4,500 tons of fish collagen peptides, and these products are exported to more than 50 countries and regions.

The rise of innovation-driven private companies is injecting new vitality into China’s economy.

According to official data from the State Administration for Market Regulation, by the end of March 2025, the number of private enterprises in China exceeded 57 million, accounting for 92.3 percent of all enterprises nationwide.

In the first quarter of this year, 1.979 million private firms were created, which is 7.1 percent more year-on-year and exceeds the average growth recorded over the past three years.

This rapid expansion of the private sector has been made possible by the Chinese authorities’ increased efforts to support private companies in recent years.

In the latest move to boost scientific research and industrial innovation, the National Natural Science Foundation of China (NNSF) on Monday launched the Joint Fund for Innovation and Development of Private Enterprises, aimed at allowing private companies to formally participate in national basic research.

Under the fund, private enterprises will identify critical research challenges based on their specific innovation needs, and the joint fund will sponsor leading researchers across the country to address those challenges.

Analysts say the approach, designed to promote deep integration of technological and industrial innovation, is expected to boost innovation in the private sector and give new impetus to China’s innovation-driven development strategy. -0-

MIL OSI Russia News –

July 3, 2025
MIL-OSI: Bitcoin Solaris Prepares for Launch: Mobile Mining App and Dual-Consensus Blockchain Gain Traction
Source: GlobeNewswire (MIL-OSI)

TALLINN, Estonia, July 02, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation hybrid blockchain project, has officially entered the final phase of its token presale, following over $6 million in contributions and 13,650+ users joining the movement. With only five weeks remaining, investors and crypto enthusiasts are preparing for what many are calling a major launch for 2025.

The BTC-S token is currently priced at $10, set to increase to $11 in the next stage, with a final launch price of $20. Early backers stand to benefit from an estimated 150%–200% potential ROI.

What Makes Bitcoin Solaris Different?

Bitcoin Solaris combines two consensus models into one powerful chain. While most coins rely on a single consensus mechanism, BTC-S runs on both Proof-of-Work and Delegated Proof-of-Stake via its dual-layer blockchain. The result is unmatched speed and security working in tandem.

BTC-S isn’t just fast on paper. Its testnet already hit:
- 10,000+ transactions per second.
- Finality in just 2 seconds.
- Energy savings over 99 percent compared to traditional PoW.
- Smart contract infrastructure for full DeFi deployment.
- Cross-chain bridge integration to enable real asset transfer.
This isn’t speculation. This is a chain already proving its performance.

Built for the Mobile World

Bitcoin Solaris is going all-in on mobile users. With the upcoming Solaris Nova app, users will be able to mine on their smartphones without draining battery or bandwidth. The adaptive mining algorithm adjusts based on the device, and early data shows serious momentum.
- Mining is possible without GPU rigs.
- Teams and leaderboards add a gamified community element.
- Mining power is tokenized for marketplace trading.
- Income tracking is available inside the app dashboard.
Crypto Was Meant for Everyone BTC-S Finally Delivers That Promise

It’s no surprise that thousands have already used the Solaris Mining Calculator to estimate daily income potential.

Influencers Are Sounding the Alarm

Crypto influencers are lighting up about Bitcoin Solaris, calling it a must-watch project in 2025. Several reviews are already out, each breaking down why BTC-S is causing serious waves.
- Crypto Vlog highlighted the dual-consensus engine and how it bridges two generations of crypto.
- Crypto League focused on the early user growth and momentum around mobile-first innovation.
And this is just the beginning. Discussions across social channels and Telegram are growing rapidly, with over 13,650 unique users joining the presale movement so far.

Presale Phase 10: Final Countdown Begins

With less than 5 weeks left in the presale, BTC-S is becoming one of the most talked-about launches of the year. Here’s what you need to know:
- Current Price: $10
- Next Phase: $11
- Launch Price: $20
- Bonus: 6 percent
- Potential ROI: 150 to 200 percent
With over $6 million already raised, momentum is heating up. Users should know that wallets like Trust Wallet and Metamask are recommended for receiving tokens on launch day. They are not required for the presale but are ideal for post-launch delivery.

Final Thoughts: Don’t Regret This One

Bitcoin Solaris is doing what most projects only pretend to do. Faster, fairer, mobile-ready, and community-first. And this might be the second chance that rarely comes around.

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

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

Disclaimer: This content 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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The MIL Network –
July 3, 2025
MIL-OSI: Enovix Corporation Announces Share Repurchase Program

Source: GlobeNewswire (MIL-OSI)

FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to $60 million of its outstanding common stock.

The repurchase program is designed to provide Enovix with greater flexibility in managing its capital structure, including the ability to respond to market volatility and return value to shareholders. The company may repurchase shares from time to time in open-market transactions, privately negotiated transactions, or by other means, in accordance with applicable securities laws and subject to market conditions and other factors.

“This repurchase program reflects our confidence in the company’s long-term fundamentals and the strength of our 100% silicon-anode battery technology,” said Ryan Benton, Chief Financial Officer of Enovix. “It also underscores our commitment to delivering long-term shareholder value.”

The timing and amount of any repurchases will be determined at the company’s discretion and may be modified, suspended, or discontinued at any time. The repurchase program does not obligate Enovix to acquire any specific number of shares. The buyback authorization is effective beginning June 30, 2025, and any unused capacity will expire on December 31, 2026.

About Enovix Corporation

Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix’s technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design, manufacturing process, and system integration innovations. For more information, visit https://www.enovix.com.

Forward‐Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or our future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, should, would and similar expressions that convey uncertainty about future events or outcomes. Forward-looking statements in this press release include, without limitation, references to long-term potential, the success of our silicon anode battery technology, manufacturing scale up timelines, and the ability to commercialize Enovix technology. Actual results and outcomes could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, those risks and uncertainties and other potential factors set forth in our filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. For a full discussion of these risks, please refer to Enovix’s filings with the SEC, including its most recent Form 10-K and Form 10-Q, available at https://ir.enovix.com and www.sec.gov. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

Contacts:

Investors
Robert Lahey
ir@enovix.com

Media Contact:
Bateman Agency for Enovix
Kaelyn Attridge
enovix@bateman.agency

The MIL Network –

July 3, 2025
MIL-OSI: Drone as a Service (DaaS) Market is Booming Expected to Reach $179 Billion By 2030

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The integration of the Internet of Things (IoT) in agriculture will increasingly involve a sophisticated interplay of robots, drones, remote sensors, and computer imaging. A report from MarketsAndMarkets said: “The overall drones as a service market will reach $179.3 billion by 2030. Surveillance and monitoring will be the largest revenue opportunity through 2030 High potential industry verticals include construction, insurance, aerospace and real estate Surveillance and mapping remain largest opportunities with maintenance and inspection rapidly gaining ground as high ROI solutions and Developing countries are fastest growing for many solutions due largely to substantial cost avoidance for expensive professional services.” It continued: “The fundamental principle underpinning cloud computing is the decentralization of computational resources. It posits that the physical infrastructure required for processing data and running applications no longer necessitates a local presence within a customer’s own facilities. Furthermore, the precise geographical location of these computing resources becomes largely immaterial to the end-user. Imagine, if you will, computational power existing almost ubiquitously, like a utility that can be tapped into whenever and wherever the need arises. This abstract notion of computing residing “in the ether” highlights the on-demand and location-independent nature of the cloud.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Deere & Company (NYSE: DE), EHang Holdings Limited (NASDAQ: EH), AGCO Corporation (NYSE: AGCO), AgEagle Aerial Systems Inc. (NYSE: UAVS).

MarketsAndMarkets added: “This shift in paradigm has yielded significant advantages. Firstly, it has dramatically improved the utilization of computing assets. Instead of individual organizations maintaining underutilized servers and infrastructure, cloud providers can aggregate demand from numerous customers, leading to far greater efficiency. The evolution of cloud computing has fostered the “as a service” delivery model. This framework provides computational capabilities – be it processing power, storage, or specialized software – as a service that can be accessed over a network, typically the internet. This “as a service” approach has proven to be an exceptionally adaptable and scalable method for organizations to introduce and expand their computational capabilities without the upfront investment and management overhead associated with traditional IT infrastructure. This transformative “as a service” paradigm is now profoundly impacting the field of robotics. It is paving the way for “automation as a service”, where robotic capabilities are offered as a readily available service rather than requiring the outright purchase and maintenance of physical robots. This shift unlocks new possibilities for businesses that may have previously found robotics cost-prohibitive or lacked the in-house expertise to deploy and manage them effectively.”

ZenaTech (NASDAQ:ZENA) Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.

With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.

“This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”

With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly 90% of all US vineyard acreage. Considering California’s mounting climate and agricultural challenges, ZenaTech’s AI-powered autonomous drone solutions offer timely, scalable innovation that serves the needs of commercial enterprises, cooperatives, agriculture consultants, and public sector stakeholders.

ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.

The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

Other recent developments in the markets include:

Deere & Company (NYSE: DE) recently announced it has purchased Sentera, a St. Paul, Minnesota-based agriculture startup that uses smart imagery technology to monitor crop health via drone cameras.

The acquisition, announced May 23, allows the John Deere tractor maker to integrate Sentera’s technologies into its digital farm management system to help farmers make more data-backed decisions. Drones equipped with Sentera’s cameras can fly over fields at high speeds and take high-resolution images that are then processed to generate digital maps that locate harmful weeds and pests, assess crop health and identify any disease pressures, according to Deere.

EHang Holdings Limited (NASDAQ: EH), the world’s leading urban air mobility (“UAM”) technology platform company, recently announced that it has entered into a strategic partnership agreement with Reignwood Aviation Group. Leveraging their respective strengths, the two parties will collaborate under China’s national strategy for developing the low-altitude economy, guided by the principles of technology empowerment, scenario-driven innovation, and global expansion. Together, they aim to set a global standard for integrating traditional general aviation with next-generation electric vertical take-off and landing (“eVTOL”) aircraft.

According to the agreement, Reignwood Aviation Group plans to deploy eVTOLs at scale, prioritizing at its operational hubs in key cultural and tourism destinations. The partnership will begin with consumer-facing applications such as low-altitude tourism and related ground services. Over time, the cooperation will further expand to UAM field to build a three-dimensional urban transportation network. In the long term, the two parties aim to expand to more scenarios and low-altitude services including passenger transportation, aerial logistics, emergency response, etc.

AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, recently announced it has entered into a set of agreements with Tractors and Farm Equipment Limited (“TAFE”). The agreements resolve all outstanding disputes and other matters related to the commercial relationship between AGCO and TAFE as well as TAFE’s shareholding in AGCO, ownership and use of the Massey Ferguson brand in India and certain other countries, and other key governance issues between the parties.

The agreements will become effective upon the completion by AGCO and TAFE of certain governmental and other processes in India relating to the repurchase of the shares held by AGCO in TAFE.

AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, recently announced the sale of two additional eBee X drones to South Korea, expanding the country’s installed base of AgEagle’s eBee drones to more than 100 units. This milestone strengthens AgEagle’s strategic partnership with South Korea and reinforces its position as a leader in the Asia-Pacific drone market.

The eBee X, AgEagle’s flagship fixed-wing mapping drone, is engineered for high-precision geospatial data collection and is ideally suited for applications including surveying, mapping, and photogrammetry. This latest sale builds on a well-established fleet, further strengthening AgEagle’s reputation as a trusted provider of cutting-edge unmanned aerial systems.AgEagle CEO Bill Irby commented, “Achieving our 100th eBee drone sale in South Korea represents a key growth milestone. It reflects the growing global demand for our advanced aerial solutions and validates the strength of our platform across a range of industries and geographies. As adoption accelerates in international markets like South Korea, we remain focused on scaling operations, deepening customer relationships, and delivering high-performance drone systems that meet evolving mission needs. This progress directly supports our commitment to building sustainable value for all our stakeholders.”

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SOURCE: FN Media Group

The MIL Network –

July 3, 2025
MIL-OSI: EBC Financial Group Celebrates Multiple Award Wins in 2025

Source: GlobeNewswire (MIL-OSI)

LONDON, July 02, 2025 (GLOBE NEWSWIRE) — EBC Financial Group (EBC) has been recognised by two leading industry award bodies in 2025, reinforcing its position as a trusted broker via the Best CFD Provider award by Online Money Awards and Most Trusted Broker and Best Trading Platform titles at the World Finance Forex Awards 2025.

EBC’s wins at the World Finance Forex Awards mark the third consecutive year the Group has received honours from the awarding body—an indication of its sustained performance in both technology execution and client trust metrics. The 2025 dual awards build on EBC’s previous recognitions in 2023 and 2024, highlighting its consistent delivery of robust trading solutions across global markets.

The acknowledgments span both product delivery and trust metrics, reflecting EBC’s operational focus on execution quality, platform innovation, and client protection within regulated trading environments.

“These awards affirm the Group’s emphasis on building efficient, transparent, and regulated trading infrastructure,” said David Barrett, CEO of EBC Financial Group (UK) Ltd. “Whether it’s through our ETF CFD suite expansion, platform enhancements, or client-first service model, we remain focused on building tools and experiences that help traders act with clarity, confidence, and control.”

Driving Growth with Thematic and Tactical CFD Solutions
EBC’s recent launch of over 100 U.S.-listed ETF CFDs has expanded its multi-asset product suite and positioned the Group at the forefront of thematic trading innovation. These instruments give clients real-time, leveraged access to ETFs across a broad spectrum of global narratives—including clean energy, U.S. tech, dividend-yielding assets, fixed income, and emerging markets.

The offering features ETFs from leading issuers such as Vanguard, iShares (BlackRock), and State Street Global Advisors, with key advantages including zero fund management fees, leverage options and short-selling capabilities as well as real-time execution and low-cost access to NYSE and NASDAQ-listed assets.

This expansion aligns with EBC’s strategic focus on delivering smarter exposure tools—enabling traders to respond quickly to macro shifts, hedge market views, or construct diversified portfolios with precision.

Platform Innovation and Client Experience at the Core
Beyond product growth, EBC continues to enhance its platforms with features such as smart liquidity routing, expanded multilingual support, and ultra-low latency execution. Proprietary tools like the Trading Black Box and Private Room help optimise price aggregation, protect trade integrity, and elevate the trading experience across retail and institutional segments.

These upgrades contributed to EBC’s recognition as Best Trading Platform at the 2025 World Finance Forex Awards, while the Most Trusted Broker title acknowledged the Group’s long-term dedication to governance, client protection, and relationship-building in regulated markets.

This article reflects the observations of EBC Financial Group and all its global entities. It is not financial or investment advice. Trading in commodities and foreign exchange (FX) involves a significant risk of loss, potentially exceeding your initial investment. Consult a qualified financial advisor before making any trading or investment decisions, as EBC Financial Group and its entities are not liable for any damages arising from reliance on this information.

For more information about EBC Financial Group and its award-winning services, visit www.ebc.com.

About EBC Financial Group

Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.

Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.

EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).

At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.

EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Oxford University’s Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.
https://www.ebc.com/

Media Contact:
Savitha Ravindran
Global Public Relations Manager
savitha.ravindran@ebc.com

Michelle Siow
Brand & Communications Director
michelle.siow@ebc.com

The MIL Network –

July 3, 2025
MIL-OSI: LILPEPE Gains Recognition as Ethereum Chain’s Strongest Meme Coin of 2025

Source: GlobeNewswire (MIL-OSI)

DUBAI, United Arab Emirates, July 02, 2025 (GLOBE NEWSWIRE) — Little Pepe has officially entered the meme coin spotlight—raising over $3 million in its presale and gaining fast recognition as Ethereum’s strongest competitor to SHIB and PEPE. With a powerful mix of meme culture, fast and affordable blockchain tech, and strong early investor backing, $LILPEPE is now being seen as the next big thing in crypto’s meme economy.

Little Pepe ($LILPEPE)

Little Pepe stands out in a sea of meme tokens by combining viral appeal with actual blockchain utility. While many meme coins rely on hype alone, Little Pepe is powered by a lightning-fast, low-cost Ethereum-compatible Layer 2 protocol. This makes it faster, cheaper, and more scalable than typical tokens built on Ethereum Chain.

The project is designed to tackle some of the biggest issues in crypto today—high gas fees, slow transactions, and poor scalability. With its EVM compatibility, Little Pepe supports seamless smart contract development while maintaining Ethereum-level security and performance.

$LILPEPE: The Token That Powers It All

At the heart of this growing ecosystem is $LILPEPE, an ERC-20 utility token that does much more than just represent a meme. It fuels the entire Little Pepe network—covering everything from staking and governance to transaction fees and DApp activity.

Little Pepe’s developers have created an ecosystem where $LILPEPE is more than just a digital asset—it’s a core part of a broader blockchain world where memes meet real value. The token represents an opportunity to be part of the next wave of meme-based innovation—one that’s built to last.

Massive Presale Momentum: Over $3M Raised

Little Pepe presale is currently in Stage 4, with tokens priced at just $0.0013, the project has already raised over $3 million—a rare feat in today’s crowded meme coin space. This shows that both retail traders and crypto whales see serious potential in what $LILPEPE is building.

With each presale stage, the token price increases, offering early investors the best entry opportunity. As community buzz continues to grow, and major crypto influencers take notice, many believe $LILPEPE could be the breakout meme coin of 2025. The only way to participate is through the official website: littlepepe.com.

Moreover, Little Pepe is built to operate on a Layer 2 protocol that keeps transaction costs low and speeds high, all while staying fully compatible with Ethereum’s ecosystem. That means users get the best of both worlds: the security of Ethereum and the performance of Layer 2. This gives Little Pepe a major edge in areas like gaming, and micro-transactions, where speed and low costs are essential.

$LILPEPE – Ethereum’s Strongest SHIB and PEPE Competitor

Memes have always driven crypto adoption—from Dogecoin to SHIB, and more recently PEPE. But Little Pepe goes beyond being just a joke or trend. It represents a new generation of meme coins that are built on real tech, with real goals.

The branding takes inspiration from the iconic “Pepe” meme, but gives it a new identity—a leader in a meme coin kingdom backed by infrastructure, not just internet humor. And the community around Little Pepe is growing fast, with Telegram, Twitter, and other social channels filled with excitement, updates, and investor confidence. This combination of strong community energy and actual blockchain functionality is what positions Little Pepe as a serious competitor to SHIB and PEPE.

About Little Pepe

Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

For more information:
Website: https://littlepepe.com/
Telegram: https://t.me/littlepepetoken
Twitter: https://x.com/littlepepetoken

Contact Details:
COO-James Stephen
media@littlepepe.com

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

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

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/551bf919-c7c2-4795-8e42-db866f2f9b97

The MIL Network –

July 3, 2025
MIL-OSI: LILPEPE Gains Recognition as Ethereum Chain’s Strongest Meme Coin of 2025

Source: GlobeNewswire (MIL-OSI)

DUBAI, United Arab Emirates, July 02, 2025 (GLOBE NEWSWIRE) — Little Pepe has officially entered the meme coin spotlight—raising over $3 million in its presale and gaining fast recognition as Ethereum’s strongest competitor to SHIB and PEPE. With a powerful mix of meme culture, fast and affordable blockchain tech, and strong early investor backing, $LILPEPE is now being seen as the next big thing in crypto’s meme economy.

Little Pepe ($LILPEPE)

Little Pepe stands out in a sea of meme tokens by combining viral appeal with actual blockchain utility. While many meme coins rely on hype alone, Little Pepe is powered by a lightning-fast, low-cost Ethereum-compatible Layer 2 protocol. This makes it faster, cheaper, and more scalable than typical tokens built on Ethereum Chain.

The project is designed to tackle some of the biggest issues in crypto today—high gas fees, slow transactions, and poor scalability. With its EVM compatibility, Little Pepe supports seamless smart contract development while maintaining Ethereum-level security and performance.

$LILPEPE: The Token That Powers It All

At the heart of this growing ecosystem is $LILPEPE, an ERC-20 utility token that does much more than just represent a meme. It fuels the entire Little Pepe network—covering everything from staking and governance to transaction fees and DApp activity.

Little Pepe’s developers have created an ecosystem where $LILPEPE is more than just a digital asset—it’s a core part of a broader blockchain world where memes meet real value. The token represents an opportunity to be part of the next wave of meme-based innovation—one that’s built to last.

Massive Presale Momentum: Over $3M Raised

Little Pepe presale is currently in Stage 4, with tokens priced at just $0.0013, the project has already raised over $3 million—a rare feat in today’s crowded meme coin space. This shows that both retail traders and crypto whales see serious potential in what $LILPEPE is building.

With each presale stage, the token price increases, offering early investors the best entry opportunity. As community buzz continues to grow, and major crypto influencers take notice, many believe $LILPEPE could be the breakout meme coin of 2025. The only way to participate is through the official website: littlepepe.com.

Moreover, Little Pepe is built to operate on a Layer 2 protocol that keeps transaction costs low and speeds high, all while staying fully compatible with Ethereum’s ecosystem. That means users get the best of both worlds: the security of Ethereum and the performance of Layer 2. This gives Little Pepe a major edge in areas like gaming, and micro-transactions, where speed and low costs are essential.

$LILPEPE – Ethereum’s Strongest SHIB and PEPE Competitor

Memes have always driven crypto adoption—from Dogecoin to SHIB, and more recently PEPE. But Little Pepe goes beyond being just a joke or trend. It represents a new generation of meme coins that are built on real tech, with real goals.

The branding takes inspiration from the iconic “Pepe” meme, but gives it a new identity—a leader in a meme coin kingdom backed by infrastructure, not just internet humor. And the community around Little Pepe is growing fast, with Telegram, Twitter, and other social channels filled with excitement, updates, and investor confidence. This combination of strong community energy and actual blockchain functionality is what positions Little Pepe as a serious competitor to SHIB and PEPE.

About Little Pepe

Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

For more information:
Website: https://littlepepe.com/
Telegram: https://t.me/littlepepetoken
Twitter: https://x.com/littlepepetoken

Contact Details:
COO-James Stephen
media@littlepepe.com

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

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

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/551bf919-c7c2-4795-8e42-db866f2f9b97

The MIL Network –

July 3, 2025
MIL-OSI Africa: President Ramkalawan Receives Norwegian Ambassador Holm for Farewell Visit

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His Excellency Mr. Gunnar Andreas Holm, Ambassador of Norway to the Republic of Seychelles, paid a farewell courtesy call to President Wavel Ramkalawan on Tuesday afternoon, marking the conclusion of his distinguished three-year diplomatic tenure.

During the meeting, President Ramkalawan expressed his profound appreciation for the robust bilateral relationship between Norway and Seychelles that has flourished under Ambassador Holm’s stewardship. The President commended His Excellency for his unwavering dedication and exemplary commitment to strengthening diplomatic ties between the two nations through the exploration of diverse avenues of cooperation.

“We are deeply grateful for your exceptional service and effort to deepen our partnership with Norway,” President Ramkalawan remarked. “Your dedication has been instrumental in advancing our shared interests and mutual values.”

The farewell meeting provided a valuable opportunity for both parties to reflect upon the key areas of cooperation that have characterized the Norway-Seychelles partnership during Ambassador Holm’s tenure. These collaborative initiatives have encompassed the blue economy, maritime security and sustainability, climate change mitigation, and environmental protection – sectors that remain at the forefront of joint efforts between the two nations, reflecting their unwavering commitment to sustainable development and ocean conservation.

In a gesture of enduring friendship, His Excellency Holm extended a gracious invitation to President Ramkalawan to undertake an official visit to Norway, further reinforcing the strong diplomatic bonds between the two countries. President Ramkalawan concluded the meeting by extending his best wishes to Ambassador Holm for success in his future endeavours and expressing confidence that the solid foundation established during his tenure will continue to yield mutual benefits for both nations.

The meeting was also attended by Mr. Chrystol Chetty, Honorary Consul for Norway, Ms. Wendy Isnard, Director General for Bilateral Affairs, and Mr. James Caprin, Desk Officer for Bilateral Affairs.

Distributed by APO Group on behalf of State House Seychelles.

MIL OSI Africa –

July 3, 2025
MIL-OSI Africa: Portfolio Committee on Cooperative Governance and Traditional Affairs (COGTA) Committee Condemns Killing of Ekurhuleni Metro’s Forensic Audit Chief

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The Portfolio Committee on Cooperative Governance and Traditional Affairs (COGTA) has learned with shock about the brutal assassination of Mr Mpho Mafole, the City of Ekurhuleni’s group divisional head of corporate and forensic audits.

According to media reports, the 47-year-old was gunned down on Monday while driving along the R23 in Esselen Park. Police reportedly discovered Mr Mafole’s body inside his vehicle, riddled with gunshot wounds.

Mr Mafole, who was appointed to the position only three months ago, brought with him an impressive track record of public service, including 14 years in the Office of the Auditor-General of South Africa. He was tasked with uncovering financial irregularities and promoting transparency in the City of Ekurhuleni, one of the country’s largest municipalities.

Committee Chairperson Dr Zweli Mkhize said the nature of Mr Mafole’s work underscored the often-dangerous responsibilities undertaken by those at the forefront of rooting out corruption in our public institutions. “The committee condemns this cowardly and violent act as this not only threatens the lives of dedicated public servants but also seeks to intimidate and hinder efforts to build clean and accountable governance, particularly in our municipalities where systemic failures persist,” said the Chairperson.

Dr Mkhize said this tragedy is a stark reminder of the urgent need to strengthen the protection of whistleblowers and anti-corruption officials. “Reforms to safeguard those who speak out and act against corruption must urgently be expedited.” He said municipalities, and the rest of government, must uphold the highest standards of financial oversight and integrity.

The Chairperson also noted that this tragedy comes as the committee prepares for the start of extensive oversight visits across provinces to demand accountability from municipalities following the latest dismal municipal audit outcomes. “The committee will continue to exercise its oversight mandate, working with all spheres of government to ensure that those who risk their lives in service of public accountability are protected and that the rot that enables criminality is eradicated,” he said.

“The committee extends its heartfelt condolences to Mr Mafole’s family, colleagues, and loved ones during this difficult time. We urge law enforcement agencies to bring the perpetrators to justice swiftly.”

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

MIL OSI Africa –

July 3, 2025
MIL-OSI USA: Leaders Across Vermont Support Welch’s Bill to Reform FEMA

US Senate News:

Source: United States Senator Peter Welch (D-Vermont)
“I appreciate Senator Welch taking on the challenge to create an expedited, more efficient, and flexible emergency management system.”
“Nearly every municipal leader impacted by recent flooding in Vermont has told me that FEMA has been difficult to work with. I’m pleased to see Senator Welch proposing reforms to address these concerns.”
“What is needed, and what this bill would do, is build state and local capacity to prepare, mitigate, respond, and recover while making more efficient and effective use of federal resources.”
“We are grateful to Senator Welch for proposing a commonsense solution that would provide technical assistance, simplified procedures and support for long-term resiliency to municipalities that are in need.”
“Senator Welch’s Disaster AID Act provides a path toward more timely and effective recovery, especially for Vermont’s hardest-hit towns.”
“This legislation represents a fundamental shift in the way we administer hazard mitigation funding.”
WESTON, VT—U.S. Senator Peter Welch (D-Vt.)’s Disaster Assistance Improvement and Decentralization (AID) Act has earned the support of community leaders across Vermont.
Senator Welch’s Disaster AID Act will cut red tape and empower state and local governments to access recovery assistance when it is needed. The bill will support hazard mitigation efforts, make the delivery of disaster aid more efficient and effective, provide technical assistance to small towns and communities impacted by natural disasters, and block the White House from withholding funding for disaster response. He will officially introduce the Disaster AID Act next week, coinciding with the anniversary of the 2023 and 2024 floods. 
“FEMA does lifesaving and important work after a disaster, but we need to find a way to fix the agency so it works better to help communities recover in the weeks, months, and years after a disaster. Vermont saw it firsthand: there’s too much red tape, and the long-term recovery process is inefficient,” said Senator Welch. “The Disaster AID Act is inspired by the experiences of flood-impacted Vermont communities that had to wait too long—and jump through far too many hoops—to get the federal support needed to build back after a disaster. I am proud the Disaster AID Act has earned the support of community and disaster recovery leaders across our state, and thank them for helping shape this commonsense bill.”
Vermont Governor Phil Scott, and Kristin Atwood, Barton Town Clerk; Ted Brady, Executive Director of the Vermont League of Cities and Towns; Michele Braun, Executive Director of the Friends of the Winooski River; Chris Campany, Executive Director of the Windham Regional Commission, and Chair of the VAPDA Emergency Management Committee; Jon Copans, Executive Director, Montpelier Commission for Recovery and Resilience; Ben Doyle, Executive Director of the Preservation Trust of Vermont; Peter Gregory, Executive Director of the Two Rivers-Ottauquechee Regional Commission (TRORC); Thom Lauzon, Mayor of Barre City; Kristen Leahy, Zoning and Floodplain Administrator and Resilience & Adaption Coordinator for Hardwick; Jim Linville, Selectboard Vice Chair and Recovery Director of Weston; Julie Moore, Secretary of the Vermont Agency of Natural Resources; Stephanie Smith, Vermont Hazard Mitigation Officer; Justin Smith, Municipal Administrator for the Town of Lyndon; and Beverley Wemple, Director of the University of Vermont’s Water Resources Institute.
“After facing devastating floods over the last two summers, Vermonters have seen firsthand, the value of federal support and assistance from FEMA workers. However, we’ve also experienced gaps between response and recovery, and we need to make changes that better support responders on the ground and those trying to rebuild. I appreciate Senator Welch taking on the challenge to create an expedited, more efficient, and flexible emergency management system,” said Governor Phil Scott.
“The Town of Barton, Vermont, has been hit two years in a row on the same date by disastrous flooding. The unknowns of funding around that have us delaying needed normal maintenance until FEMA funds are received to cover flooding repairs, and slowing down the repairs to make sure those funds flow in before the next project is underway. This unknown funding element has the Town worrying as we look to the future instead of confident FEMA will have our backs. Our ability to prepare for and mitigate the next storm is significantly impacted by our unwillingness to overextend ourselves in case FEMA funding does not come through. This puts us at greater risk of damage if another storm were to come before we have completed recovery from the prior two,” said Kristin Atwood, Barton Town Clerk.
“Vermont municipalities can’t prepare for or recover from a disaster without the federal government’s help. Nearly every municipal leader impacted by recent flooding in Vermont has told me that FEMA has been difficult to work with. I’m pleased to see Senator Welch proposing reforms to address these concerns. The ballooning federal bureaucracy, rotating FEMA staff, inconsistent funding, and requirement to take on debt have combined to make recovering from the flooding here in Vermont another disaster. The Disaster AID Act addresses these challenges by providing technical assistance to municipalities before a disaster hits, providing disaster aid immediately to reduce the debt towns need to take on, and cutting down on the red tape communities need to navigate to access federal assistance,” said Ted Brady, Executive Director of the Vermont League of Cities and Towns.
“Having helped dozens of towns to recover from devastating floods, we know firsthand that FEMA’s procedures are a barrier to accessing critical funds. Friends of the Winooski River appreciates Senator Welch’s efforts to improve access to the resources our communities desperately need for flood recovery and future health and safety,” said Michele Braun, Executive Director of the Friends of the Winooski River.
“FEMA provides critical resources and structure for disaster preparedness, mitigation, response, and recovery, but it needs reform to make it work better for people and their communities. I don’t think there’s disagreement there, including among FEMA rank and file personnel. Congress needs to act. What is needed, and what this bill would do, is build state and local capacity to prepare, mitigate, respond, and recover while making more efficient and effective use of federal resources,” said Chris Campany, Executive Director of the Windham Regional Commission, and Chair of the Vermont Association of Planning and Development Agencies (VAPDA) Emergency Management Committee.
“While it is far from perfect, the Federal Emergency Management Agency has repeatedly proven to be a critical part of disaster response here in Central Vermont. I commend Senator Peter Welch for his efforts to improve FEMA’s process and provide support to small municipalities as we struggle to navigate the bureaucracy to help our communities recover. The Disaster Assistance and Decentralization Act takes important steps to reform and strengthen federal disaster response so that cities and towns across the country can recover more quickly and make critical investments in future resilience,” said Jon Copans, Executive Director, Montpelier Commission for Recovery and Resilience.
“One thing that became clear very quickly after the 2023 flood is that if you’ve seen one small town dealing with a disaster, you’ve seen one small town dealing with a disaster. The impacts on homes, businesses, and infrastructure, were all significant, but they were different depending on the community—and the capacity of municipalities to respond and support residents varied widely. While FEMA representatives were on the ground and well-intentioned, the truth is they were often more prepared to tell people what they couldn’t do because of regulations than to help them rebuild their lives. We need the federal government to meet people where they are—regardless of the size of the community or the scale of the disaster—and provide tailored technical assistance, financial support, and, most importantly, hope.” said Ben Doyle, Executive Director of the Preservation Trust of Vermont.
“We are very appreciative of Senator Welch’s proposal to reform FEMA and how it interacts with Vermonters. His proposal explicitly enables regional planning commissions to work as agents of municipalities when interacting with FEMA. We were pleased to offer this idea and even more pleased to help our communities,” said Peter Gregory, Executive Director of the Two Rivers-Ottauquechee Regional Commission (TRORC).
“The City of Barre was hit hard by the 2023 and 2024 floods, and we are grateful to the many people who have and continue to help us rebuild better and stronger. While we’ve made significant progress, there’s much more work to be done. We are grateful to Senator Welch for proposing a commonsense solution that would provide technical assistance, simplified procedures and support for long-term resiliency to municipalities that are in need. We need to fix FEMA, not kill it,” said Thom Lauzon, Mayor of Barre City.
“Hardwick has faced devastating impacts from back-to-back floods in 2023 and 2024, with repeated damage to homes, businesses, and public infrastructure along the Lamoille River. One example is 41 Brush Street, a residential property now hanging precariously over the riverbank due to severe erosion. The home is slated for a FEMA-funded buyout, and additional stabilization is needed to protect surrounding properties. FEMA’s Building Resilient Infrastructure and Communities program is essential for communities like ours, not only for rebuilding but for implementing long-term solutions that reduce future risk. Without sustained and accessible funding, rural towns will be left in a cycle of damage and short-term fixes. Senator Welch’s Disaster AID Act provides a path toward more timely and effective recovery, especially for Vermont’s hardest-hit towns,” said Kristen Leahy, Zoning and Floodplain Administrator and Resilience & Adaption Coordinator for Hardwick.
“The support for small towns in Senator Welch’s Disaster AID Act is crucial in enabling towns in Vermont and nationwide to obtain the expert assistance they require in responding to disasters, as well as identifying, designing and funding mitigation projects. Five months after the July 2023 flood in Weston, we applied for and received an MTAP grant that allowed us to retain professional help to guide us through the grant maze and get a head start on modeling the flooding and designing mitigation projects. Our hope is that with passage of the Disaster AID Act, this sort of assistance will be available soon after the next (inevitable) disaster event so our town fathers and mothers aren’t wringing their hands trying to figure out what to do, how to do it and how to pay for it,” said Jim Linville, Selectboard Vice Chair and Recovery Director of Weston.
“Vermont has experienced multiple federally-declared disasters since 2023 which laid bare Vermont municipalities’ need for additional technical assistance,” said ANR Secretary Julie Moore. “The Disaster Assistance Improvement and Decentralization Act would help fill this critical need. In particular, we are grateful to Sen. Welch for his continued efforts to simplify procedures for complex relocation projects for critical facilities, such as the wastewater treatment facilities in Johnson, Hardwick and Ludlow – all of which have experienced repeated flood damage.”
“The BRIC program greatly improved Vermont’s ability to do the planning and scoping work necessary in order to develop important flood reduction projects in our communities,” said Stephanie Smith, Vermont Hazard Mitigation Section Chief. “This legislation represents a fundamental shift in the way we administer hazard mitigation funding that would allow us to successfully and efficiently utilize federal resources to reduce future flood risk in Vermont.”
“Like many rural towns in Vermont, Lyndon is not blessed with a large staff to handle the volume of paperwork required to receive funding from FEMA when a disaster occurs. Many towns in rural Vermont are not even fortunate enough to have a Municipal Administrator or Manager in place to handle the paper trail and are forced to rely solely on volunteers in their community. We understand and support the necessity of ensuring that funds are being properly spent and accounted for. However, there is a strong need to create a system where communities have one point of contact throughout the entirety of a declared disaster. Small Vermont communities such as ours, do not have the resources or the personnel work hours to start and re-start the process of disaster re-imbursement from scratch because a FEMA PDMG has reached their 50-week time limit and must move on,” said Justin Smith, Municipal Administrator for the Town of Lyndon. “Taking away a single employee from their normal day to day responsibilities to devote to disaster recovery severely understaffs any rural community, and extending this length of time attempting to get a new PDMG or multiple PDMGs up to speed is time and money that rural communities don’t have the luxury of wasting.”
“The Disaster Assistance Improvement and Decentralization (AID) Act will provide critical assistance to communities impacted by flooding and other disasters. The bill’s provisions will get assistance into the hands of those who need it more rapidly following disasters. In Vermont and communities across the country, investments in hazard mitigation projects enabled by the Act, like reconnecting rivers to floodplains that store and dissipate the energy of floodwaters, will make communities safer and ensure we are prepared for the future in a way that also supports healthy ecosystems,” said Beverley Wemple, Director of the University of Vermont’s Water Resources Institute. “Thank you, Senator Welch, for introducing this important piece of legislation that will support all Americans in meeting the challenges of future natural disasters.”
•••
Over the course of consecutive summers in July 2023 and July 2024, Vermont experienced severe storms which caused catastrophic flooding, washouts, and mudslides. Homes, farms, businesses, and public infrastructure were destroyed, and communities were left reeling. In the immediate aftermath of the destruction, FEMA provided lifesaving on-the-ground assistance, working with local organizations and the state. In the long-term, however, FEMA’s response has not met the needs of communities.  
Many of Vermont’s towns operate with limited resources and lack the administrative capacity needed to navigate the complex web of federal disaster assistance—especially in the aftermath of a brutal flood. FEMA has failed to provide necessary support and burdensome FEMA policies have slowed or blocked communities from accessing federal funds. Towns were not empowered to capitalize on their understanding of conditions on the ground. To make matters worse, under the Trump Administration, communities must now contend with uncertain federal funding streams, including for reimbursement of projects already approved and under way. 
Senator Welch’s Disaster AID Act will cut red tape and ease cumbersome requirements that restrict state and local governments from tailoring solutions to local circumstances. The bill will also provide technical and financial resources for small towns and communities that lack administrative capacity, and restrain future administrations from arbitrarily turning off the funding spigot for communities in the midst of disaster recovery. 
Learn more about the Disaster AID Act. 
Read a section-by-section summary of the Disaster AID Act. 

MIL OSI USA News –

July 3, 2025
MIL-OSI: TAB Bank Provides $2.5 Million Factoring Facility for Ryan Transportation

Source: GlobeNewswire (MIL-OSI)

OGDEN, Utah, July 02, 2025 (GLOBE NEWSWIRE) — TAB Bank has provided a $2.5 million factoring facility to Ryan Transportation, Inc., a Livonia, Michigan-based truckload transportation provider. The facility will strengthen cash flow and working capital, enabling Ryan Transportation to maintain its reputation for providing personal service that exceeds customer expectations.

Founded over 55 years ago, Ryan Transportation specializes in serving the automotive industry and its suppliers across the United States, with a strong presence in the Great Lakes Region. The company provides over-the-road, city driving, cross-dock and industrial switching services. Ryan Transportation is known for providing reliable, flexible and cost-effective solutions supported by innovative ideas and products, including EDI capabilities and GPS tracking for real-time shipment visibility.

“TAB Bank offered us a straightforward financing solution that optimized our cash flow and enhanced our working capital, enabling us to keep our focus on running our business effectively,” said Jennifer Orow, CFO at Ryan Transportation. “The team at TAB is very flexible, easy to work with and accommodating of our company’s specific needs. We’re looking forward to a mutually beneficial relationship with TAB Bank.”

“Ryan Transportation was seeking a new financing partner with a strong understanding of the trucking industry,” said Ralph Kourtjian, Vice President of Business Development at TAB Bank. “At TAB Bank, we have deep roots in the transportation industry, originally founded over 25 years ago to serve over-the-road truckers. While we now support a wide range of industries, our commitment to logistics and freight remains. We’re excited to support Ryan Transportation with a flexible solution that aligns with their goals and operational needs.”

TAB Bank offers customized financial solutions for small to mid-sized businesses across various industries. Services include asset-based lending, equipment financing and working capital solutions tailored to help companies scale and thrive.

About TAB Bank
At TAB Bank, our mission is to unlock dreams with bold financial solutions that empower individuals and businesses nationwide. We are committed to building value in all we do through our innovative banking products. Our dedication drives us to continuously improve, ensuring that we meet the evolving needs of our clients with excellence and agility. For over 25 years, we have remained steadfast in offering tailored, technology-enabled solutions designed to simplify and enhance the banking experience.

For more information about how we can help you achieve your financial dreams, visit www.TABBank.com.

Contact Information:
Trevor Morris
Director of Marketing
801-710-6318
trevor.morris@tabbank.com

The MIL Network –

July 3, 2025
MIL-OSI: Lelantos Holdings, Inc. Qualifies for OTC Level 2 Quotes, Enhancing Transparency and Investor Access

Source: GlobeNewswire (MIL-OSI)

TUCSON, Ariz., July 02, 2025 (GLOBE NEWSWIRE) — via IBN – Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), is pleased to announce its qualification for OTC Level 2 quotations on the OTC Markets platform.

This milestone significantly improves visibility, transparency, and real-time market access for current and prospective investors.

OTC Level 2 provides a deeper view into market activity by offering real-time bid and ask prices from all market makers quoting the Company’s stock. Unlike Level 1 quotes, which only show the best bid and ask, Level 2 displays the full market depth, giving investors greater insight into trading dynamics and liquidity.

“Qualifying for Level 2 quotes is an important step forward in our capital markets strategy,” said Nathan Puente, CEO of Lelantos Holdings, Inc. “This enhanced transparency allows investors to make more informed decisions while also demonstrating our commitment to higher reporting and governance standards.”

In addition, the Company is pleased to announce that its application to OTCID has been formally approved, and Lelantos will transition to the Improved Disclosure Service beginning in July 2025. This service is part of OTC Markets Group’s continued efforts to raise disclosure standards and provide investors with better, more consistent company information.

By adopting the Improved Disclosure framework, Lelantos Holdings will further demonstrate its commitment to accountability, transparency, and investor engagement, while positioning itself for continued regulatory alignment and growth opportunities.

“Gaining approval for OTCID and preparing for the transition to the Improved Disclosure Service is yet another meaningful step,” added Joshua Weaver, COO of Lelantos Holdings, Inc. “We are dedicated to building credibility and investor trust by meeting higher benchmarks for disclosure and transparency.”

With Level 2 access now in place and its OTCID transition underway, Lelantos anticipates increased investor confidence, improved trading efficiency, and broader market participation—all of which support the Company’s long-term shareholder value objectives.

About Lelantos Holdings

Founded in the spirit of “Solution Hunting,” Lelantos Holdings’ innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Their management team is dedicated to fostering innovation and advancing technological developments.

Lelantos Holdings website: www.Lelantosholdings.io

About Lelantos Energy

INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.

Lelantos Energy offers a forward-thinking solution and a comprehensive approach to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. The company has strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will seek to manage project risks, pursue favorable returns (though no guarantees can be made) and support the Company’s efforts to enhance the deployment of renewable energy projects.

Lelantos Energy website: www.LNTO.Energy

FORWARD-LOOKING INFORMATION

Certain information set forth in this press release contains “forward-looking information,” including “future-oriented financial information” and “financial outlook,” within the meaning of applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company’s current customer, supplier and other material agreements; and (viii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The United States Securities and Exchange Commission (“SEC”) has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information on our company website, www.LelantosHoldings.io, in addition to SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media and others interested in our company to review the information we post on the Company website.

CONTACT INFORMATION

Lelantos Holdings, Inc.
info@Lelantos.Group

Wire Service Contact:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

The MIL Network –

July 3, 2025
MIL-OSI: Lelantos Holdings, Inc. Qualifies for OTC Level 2 Quotes, Enhancing Transparency and Investor Access

Source: GlobeNewswire (MIL-OSI)

TUCSON, Ariz., July 02, 2025 (GLOBE NEWSWIRE) — via IBN – Lelantos Holdings, Inc. (OTC PINK: LNTO) (“Lelantos” or the “Company”), is pleased to announce its qualification for OTC Level 2 quotations on the OTC Markets platform.

This milestone significantly improves visibility, transparency, and real-time market access for current and prospective investors.

OTC Level 2 provides a deeper view into market activity by offering real-time bid and ask prices from all market makers quoting the Company’s stock. Unlike Level 1 quotes, which only show the best bid and ask, Level 2 displays the full market depth, giving investors greater insight into trading dynamics and liquidity.

“Qualifying for Level 2 quotes is an important step forward in our capital markets strategy,” said Nathan Puente, CEO of Lelantos Holdings, Inc. “This enhanced transparency allows investors to make more informed decisions while also demonstrating our commitment to higher reporting and governance standards.”

In addition, the Company is pleased to announce that its application to OTCID has been formally approved, and Lelantos will transition to the Improved Disclosure Service beginning in July 2025. This service is part of OTC Markets Group’s continued efforts to raise disclosure standards and provide investors with better, more consistent company information.

By adopting the Improved Disclosure framework, Lelantos Holdings will further demonstrate its commitment to accountability, transparency, and investor engagement, while positioning itself for continued regulatory alignment and growth opportunities.

“Gaining approval for OTCID and preparing for the transition to the Improved Disclosure Service is yet another meaningful step,” added Joshua Weaver, COO of Lelantos Holdings, Inc. “We are dedicated to building credibility and investor trust by meeting higher benchmarks for disclosure and transparency.”

With Level 2 access now in place and its OTCID transition underway, Lelantos anticipates increased investor confidence, improved trading efficiency, and broader market participation—all of which support the Company’s long-term shareholder value objectives.

About Lelantos Holdings

Founded in the spirit of “Solution Hunting,” Lelantos Holdings’ innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Their management team is dedicated to fostering innovation and advancing technological developments.

Lelantos Holdings website: www.Lelantosholdings.io

About Lelantos Energy

INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.

Lelantos Energy offers a forward-thinking solution and a comprehensive approach to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. The company has strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will seek to manage project risks, pursue favorable returns (though no guarantees can be made) and support the Company’s efforts to enhance the deployment of renewable energy projects.

Lelantos Energy website: www.LNTO.Energy

FORWARD-LOOKING INFORMATION

Certain information set forth in this press release contains “forward-looking information,” including “future-oriented financial information” and “financial outlook,” within the meaning of applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company’s current customer, supplier and other material agreements; and (viii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The United States Securities and Exchange Commission (“SEC”) has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information on our company website, www.LelantosHoldings.io, in addition to SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media and others interested in our company to review the information we post on the Company website.

CONTACT INFORMATION

Lelantos Holdings, Inc.
info@Lelantos.Group

Wire Service Contact:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

The MIL Network –

July 3, 2025
MIL-OSI: CareCloud Joins Russell Microcap Index as Common Stock Price Rises 70% During Q2 2025

Source: GlobeNewswire (MIL-OSI)

SOMERSET, N.J., July 02, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has been added to the Russell Microcap® Index, effective at the open of U.S. markets on June 30, 2025, as part of the Russell indexes’ annual reconstitution based on market capitalization, public float, and related criteria. The inclusion underscores growing recognition of CareCloud’s momentum in the healthcare technology sector.

During Q2, the price of the Company’s common stock increased by approximately 70%. Key developments during the first half of 2025 included the launch of CareCloud’s new AI Center of Excellence, the resumption of acquisition activities in targeted growth areas, the conversion of approximately 3.5 million shares of the Company’s Series A Preferred Stock into Common Stock on March 6, 2025 and a strong cash position of approximately $10 million at the end of Q2 2025.

“Being added to the Russell Microcap Index is a powerful endorsement of the value CareCloud is creating,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “Our team is relentlessly focused on delivering breakthrough solutions, scaling profitability, and positioning CareCloud as a long-term industry leader.”

The Russell Microcap Index is widely followed by investment managers and institutional investors and serves as a key benchmark for performance in the U.S. small-cap equity market. Membership remains in place for one year and results in automatic inclusion in the appropriate growth and value style indexes. Companies are selected based on a transparent, rules-based methodology that evaluates market capitalization and public float as of Rank Day—April 30 each year—along with minimum price, liquidity, and U.S. exchange listing requirements.

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.

Follow CareCloud on LinkedIn, X and Facebook.

For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

Disclaimer

This press release is for information purposes only and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

Forward-Looking Statements

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

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.

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

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

SOURCE: CareCloud

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

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

The MIL Network –

July 3, 2025
MIL-OSI: CareCloud Joins Russell Microcap Index as Common Stock Price Rises 70% During Q2 2025

Source: GlobeNewswire (MIL-OSI)

SOMERSET, N.J., July 02, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-driven healthcare technology solutions for medical practices and health systems nationwide, today announced that it has been added to the Russell Microcap® Index, effective at the open of U.S. markets on June 30, 2025, as part of the Russell indexes’ annual reconstitution based on market capitalization, public float, and related criteria. The inclusion underscores growing recognition of CareCloud’s momentum in the healthcare technology sector.

During Q2, the price of the Company’s common stock increased by approximately 70%. Key developments during the first half of 2025 included the launch of CareCloud’s new AI Center of Excellence, the resumption of acquisition activities in targeted growth areas, the conversion of approximately 3.5 million shares of the Company’s Series A Preferred Stock into Common Stock on March 6, 2025 and a strong cash position of approximately $10 million at the end of Q2 2025.

“Being added to the Russell Microcap Index is a powerful endorsement of the value CareCloud is creating,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “Our team is relentlessly focused on delivering breakthrough solutions, scaling profitability, and positioning CareCloud as a long-term industry leader.”

The Russell Microcap Index is widely followed by investment managers and institutional investors and serves as a key benchmark for performance in the U.S. small-cap equity market. Membership remains in place for one year and results in automatic inclusion in the appropriate growth and value style indexes. Companies are selected based on a transparent, rules-based methodology that evaluates market capitalization and public float as of Rank Day—April 30 each year—along with minimum price, liquidity, and U.S. exchange listing requirements.

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at carecloud.com.

Follow CareCloud on LinkedIn, X and Facebook.

For additional information, please visit our website at carecloud.com. To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit ir.carecloud.com.

Disclaimer

This press release is for information purposes only and does not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

Forward-Looking Statements

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

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.

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

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

SOURCE: CareCloud

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

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

The MIL Network –

July 3, 2025
MIL-OSI: NowVertical’s Integration Strategy Accelerates Account Expansion and Cross-Market Growth

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”), a leading data and AI solutions provider, today provided an update on the execution of its “One Brand, One Business” integration strategy, highlighting continued margin expansion and deeper enterprise penetration across North America and Latin America.

Over the past twelve months, one of our NA&EMEA Strategic Accounts – a Fortune 500 technology business and one of eight US $1 million-plus 2024 engagements for NowVertical – has transitioned from siloed local analytics and reporting to a cross-region reporting programme delivered by NowVertical. By coordinating experts across several time zones under one operating framework, the NowVertical broadened its engagement across EMEA and APAC providing end-to-end campaign planning and quarterly executive business reviews. This capability expansion, engagement enhancement and global delivery approach has been unlocked through the ‘One Brand, One Business’ Strategy, which is integrating delivery operations across the group. The success of this integrated approach is cementing NowVertical as a key data and AI partner for the client whilst also improving margins.

A parallel engagement with a global life-sciences leader and a NowVertical strategic account in Latin America underscores the scalability of the model. A multi-country delivery team is driving a data-modernisation programme, consolidating legacy data estates onto Google Cloud, enabling real-time analytics and rolling out an enhanced platform in new markets for the client. The result is faster commercial insight for the client and a repeatable playbook for NowVertical, already fuelling follow-on work in Mexico and Colombia.

“These programmes show exactly why we moved to a unified operating structure,” said Sandeep Mendiratta, CEO of NowVertical. “By operating as one integrated business, we’re not only unlocking higher-margin work and accelerating account growth, but also delivering phenomenal value to our clients. We’re helping them move faster, make better decisions, and ultimately generate more revenue from their data. This model is creating durable, recurring revenue streams for NowVertical and measurable business impact for our clients.”

The Company sees the growing contribution from cross-border, capability-integrated engagements to support its path to a US $50 million run-rate revenue and US $10 million EBITDA target while reinforcing its position as a trusted, full-stack data and AI partner to enterprise clients worldwide.

About NowVertical Group Inc.

NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions.

For further details about NowVertical, please visit www.nowvertical.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Andre Garber, CDO
IR@nowvertical.com

Investor Relations: Bristol Capital Ltd.
Stefan Eftychiou
stefan@bristolir.com
+1(905)326-1888 x60

Forward-Looking Statements

This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together “forward-looking statements”), including, with respect to the availability of funds under the Facilities, the ability of NowVertical to utilize funds under the Facilities, the effect of the Facilities on NowVertical’s operations contemplated in this press release on NowVertical’s business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to service the Company’s debt; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s management’s discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

The MIL Network –

July 3, 2025
MIL-OSI: NextNRG Appoints Global Logistics Authority Gary M. Goldfarb as Chairman of Newly Formed Strategic Advisory Board

Source: GlobeNewswire (MIL-OSI)

MIAMI, July 02, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System^®, smart microgrids, wireless EV charging, and mobile fuel delivery, today announced a strategic advisory agreement with Goldfarb Management Services, LLC. As part of the agreement, Gary M. Goldfarb, a recognized authority in global logistics and supply chain innovation, has been appointed Chairman of NextNRG’s newly established Advisory Board.

Mr. Goldfarb is Chairman of the Board of The World Trade Center Miami and past Chairman of the Board of the Miami-Dade Beacon Council. He is currently Chief Strategy Officer at Interport Logistics and a board member of Global Empowerment Mission, bringing decades of experience in operational infrastructure, international trade and market expansion. Mr. Goldfarb helped revitalize The Miami Free Zone, driving occupancy above 96% and growing trade volume to nearly $1 billion at its peak. He also developed and obtained patents for software solutions for international logistics (From2.com) and holds advisory roles with organizations including the World Trade Center Miami and Florida International University’s Engineering Master’s ELE Program. He brings more than 50 years of experience in international trade and supply chain management.

“Our mission at NextNRG is to reimagine how energy is generated, managed and delivered,” said Michael D. Farkas, Executive Chairman and CEO of NextNRG. “Gary’s extensive background in logistics, distribution centers, and manufacturing operations, combined with his industry relationships, will be instrumental as we pursue strategic partnerships and business development initiatives aimed at powering commercial and industrial facilities with distributed energy generation, advanced smart grid technologies, and our revolutionary dynamic wireless charging solutions for industrial equipment and robotics.”

NextNRG’s innovative portfolio includes cutting-edge wireless charging technology specifically designed for industrial and commercial facility operations. The company’s patented wireless charging systems provide seamless power solutions for warehouse equipment, forklifts, automated robotics, and fleet vehicles within manufacturing and distribution centers. These compact, efficient charging solutions eliminate the need for traditional plug-in infrastructure on factory floors and in logistics facilities, enabling continuous operations while reducing maintenance costs and safety hazards. NextNRG’s smart microgrid technology integrates seamlessly with these wireless charging systems, creating intelligent power ecosystems that optimize energy distribution across entire commercial facilities.

Under the agreement, Mr. Goldfarb and his firm will advise on commercialization strategy, market entry planning and strategic partner engagement, leveraging his deep connections within the logistics, manufacturing, and distribution sectors. As Chairman of the Advisory Board, Mr. Goldfarb will help guide the company’s efforts to bring intelligent, resilient energy solutions to commercial and industrial facilities across new regions and market segments.

“I’m excited to support a company that’s leading the way in smart, decentralized energy systems for commercial and industrial applications,” said Gary M. Goldfarb. “NextNRG is building the kind of adaptive infrastructure that modern warehouses, distribution centers, and manufacturing facilities demand, and I look forward to contributing to its continued growth and impact in powering the future of industrial operations.”

The formation of the Advisory Board represents a key step in NextNRG’s corporate development strategy as the company moves toward commercial deployment of its AI-driven platforms and targets high-impact opportunities across infrastructure, industrial and municipal energy sectors.

About NextNRG, Inc.
NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

At the core of NextNRG’s strategy is its Next Utility Operating System^®, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible, and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, providing fuel delivery while advancing efficient energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

To find out more visit: www.nextnrg.com

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact
NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com

The MIL Network –

July 3, 2025
MIL-OSI Africa: SAA’s wings now in full flight

Source: South Africa News Agency

Following several challenging years, State-owned airline, South African Airways (SAA), is now in a position to contribute economic value.

This is according to Transport Minister Barbara Creecy, who presented the departmental Budget Vote in Parliament on Wednesday morning.

SAA was racked by allegations of fraud and corruption during the State capture years. It was put under business rescue and grounded but has recovered to fly domestic, continental and international flights.

“With unencumbered assets and renewed profitability, SAA is well-positioned to drive economic value through expanded international services, job creation, and increased contributions to tourism and trade,” Creecy said.

Furthermore, the airline is now contributing to the country’s Gross Domestic Product (GDP).

“According to [an Oxford Economics Africa] study, SAA contributed R9.1 billion to South Africa’s GDP in 2023/24, a figure projected to more than triple to R32.6 billion by 2029/2030. Over the same period, the airline’s operations are expected to support 86 700 jobs, up from the current 25 000, demonstrating its growing role as a national employer and economic catalyst.

“The airline has concluded three out of four outstanding audits and reported a profit of R252 million for the 2022/23 financial year for the first time since 2012. Now operating independently and no longer reliant on government guarantees, SAA is self-funding its operations and fleet growth, while remaining open to a strategic equity partner as part of its long-term restructuring,” the Minister highlighted.

Strengthening ACSA

Creecy revealed that the Airports Company South Africa (ACSA) has been allocated some R21.7 billion for infrastructure development.

“[This is] in order to meet our target of moving 42 million passengers per year and increasing air freight handling through the ACSA network of airports. This will improve facilities for passenger safety and comfort over the medium-term and build a new freight terminal at OR Tambo International Airport.

“In addition, we are fast tracking projects to ensure reliable availability of jet fuel to all airlines at all our airports, as well as the general upkeep and upgrading of facilities and technologies at each of our airports to improve both security of passengers and cargo, as well as convenience of airport users,” she said.

On the roads

Creecy told Parliament that the state of roads in South Africa remains an important issue that the department is concerned about, with the South African National Roads Agency (SANRAL) taking over some 3 099 kilometers of provincial roads over the past year.

“Over the period of the MTDP [Medium-Term Development Plan] and beyond, SANRAL has reprioritised within the existing maintenance and capital allocated funding so that these roads are serviced through the Route Road Maintenance Programme,” she said.

Creecy also revealed that the driver’s licence printing machine is now back in operation.

“The old card machine is currently fixed and we are hard at work to clear out the printing backlog of licence cards. To ensure we have a backup solution, we have signed a MOU with the Government Printing Works. We expect that within three months, this backup solution will be able to print driver’s licence cards,” she said. – SAnews.gov.za

MIL OSI Africa –

July 3, 2025
MIL-OSI Africa: Transport committed to driving change in rail, logistics and freight
Source: South Africa News Agency

The Department of Transport is ploughing ahead with the execution of reforms to drive the work of turning around passenger, freight and logistics systems.

This is the word from Minister Barbara Creecy, who presented the department’s Budget Vote in Parliament on Wednesday morning.

“Prompt execution of reforms in the logistics sector is essential to address and reduce the risks present in both our global and domestic environments.

“Effective implementation of reforms is essential for boosting growth and employment; however, geopolitical tensions may alter foreign direct investment patterns,” Creecy said.

The Minister explained that the department is guided by clear targets, including:
- Ensuring that 250 million tons of freight are carried on the Transnet network by 2029.
- Improving the speed of loading and unloading ships.
- Ensuring 600 million passenger journeys per annum by 2030.
- Moving some 42 million passengers and 1.2 million tons of airfreight through the Airports Company of South Africa (ACSA) network of airports by the end of this political term.
- Reducing road fatalities by 45% by 2029.
Boosting rail

Creecy told Parliament that fundamental to the rail reform programme is the “intention to re-establish rail as the backbone of transport for people and goods”.

“Since we embarked on the journey to restore passenger rail services nationwide, I am proud to share that PRASA [Passenger Rail Agency of South Africa] had, by the end of May 2025, successfully revived 35 out of 40 corridors and sections of service lines.

“[We] continue to deliver at pace, with PRASA achieving an unaudited figure of 77 million passenger journeys for the last financial year and 116 million passenger journeys for the 2025/26 financial year.

“Our competitive pricing model for commuter passengers will ensure that working-class communities take advantage of our offerings,” she said.

The agency will receive some R66.1 billion over the medium-term.

“This significant budget is for maintaining, recovering and renewing rail infrastructure, rebuilding the signalling system, rolling out new train sets to priority corridors and increasing rail passenger trips,” she said.

Freight rail

The Minister assured South Africans that the department will “do all within our power to rebuild and modernise the capabilities, operational effectiveness and competitiveness of our State-owned freight logistics operator”.

“The Roadmap for the Freight Logistics System in South Africa clarifies that strategic infrastructure, such as rail lines and ports, will remain in public ownership, as assets belonging to the South African people.

“We must also enhance the involvement of additional operators as a way of extending freight logistics capabilities of the country and region, beyond what the public sector alone would have been able to accomplish.

“It is important to point out that as an economy we need freight logistics operators that can compete, but that can also complement each other when the need arises, for the benefit of our country and region,” she said.

In this regard, Creecy highlighted that “limited state resources to fund infrastructure development” have made private sector investment critical.

“To guide private sector investment in our five priority rail and port corridors, we have just concluded a Request for Information process. Transnet will issue Requests for Proposals from the end of August 2025 and so begin the formal procurement process.

“In line with the Private Sector Participation [PSP] envisioned in the White Paper on the National Rail Policy, Cabinet approved a PSP Framework in 2023 to guide private sector involvement across the logistics sector value chain,” she said.

The Minister emphasised, however, that the department is not waiting on private sector involvement to get the trains rolling.

“To sustain our economy, we cannot afford to wait until the PSPs reach financial close before launching an ambitious programme to rehabilitate Transnet’s rail network and rolling stock, as well as port infrastructure and equipment.

“Funding sources for immediate rehabilitation of the five priority rail corridors include the current Transnet budget for rail and rolling stock maintenance and the purchase of port equipment; submissions to National Treasury’s Budget Facility for infrastructure; and private investment in refurbishing or expanding line capacity through existing customer agreements.

“As a result of the hard work by the Transnet War Room, port volumes were 54.28% higher at the end of the 2024/5 financial year than the previous year; rail tonnage increased by 9 million tons; and containers handled in our ports increased by 48 000 Units,” she said. – SAnews.gov.za

MIL OSI Africa –
July 3, 2025
MIL-OSI Russia: IMF Staff Complete 2025 Article IV Mission to Timor-Leste
Source: IMF – News in Russian

July 2, 2025

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.
- Timor-Leste’s growth is expected to remain robust at 3.9 percent in 2025, supported by fiscal expansion and strong credit growth. Inflation has fallen sharply but is expected to increase moderately in the remainder of 2025.
- To support growth and macroeconomic stability, Timor-Leste’s substantial savings in the Petroleum Fund should be spent better and more prudently. This would deliver higher living standards and preserve fiscal sustainability.
- The implementation of financial and fiscal reforms would accelerate private sector development and make public expenditure more efficient.
Washington, DC – July 2, 2025: An International Monetary Fund (IMF) team led by Mr. Yan Carrière-Swallow visited Dili during June 19-July 2 to conduct discussions for the 2025 Article IV consultation with Timor-Leste. At the conclusion of the discussions, Mr. Carrière-Swallow issued the following statement:

“Timor-Leste’s financial buffers and favorable demographics provide an opportunity to develop its economy. Despite impressive progress since independence, the economy remains under-diversified, and fiscal and external imbalances are large. We welcome Timor-Leste’s efforts for greater economic integration in the global and regional economies through World Trade Organization (WTO) membership and prospective ASEAN accession, which will boost growth and is providing a positive impulse to the government’s reform agenda.

“Growth is expected to remain robust at 3.9 percent in 2025, supported by fiscal expansion and strong credit growth, and to moderate to 3.3 percent in 2026. Inflation, which had fallen sharply last year as global food and energy prices declined but is expected to increase moderately as global food prices rise. Inflation is expected to average 0.9 percent in 2025 and to rise to 1.8 percent in 2026. Risks to the outlook are balanced.

“The 2026 budget should prioritize high-quality spending on physical and human capital, including health and education, while containing recurrent expenditure. The government is rightly focused on identifying measures to contain the public sector wage bill, which has grown sharply in recent years, and on implementing a Value Added Tax by January 2027.

“Absent further reforms, deficits are projected to remain large over the medium term, which would lead to a full depletion of the Petroleum Fund by the end of the 2030s. We recommend a 10-year reform agenda of structural and fiscal reforms, allowing the Timorese government to support private sector development while gradually reducing fiscal deficits to preserve debt sustainability. For 2026, our proposed reforms would be consistent with an expenditure envelope of around US$1.85 billion for central government.

“We welcome continued progress in the government’s financial sector reforms—including an insolvency framework, a secure transactions law, development of corporate accounting standards, and a new law on banking activities—whose implementation would support private sector development. We also recommend accelerating the issuance of land titles and establishing a national digital ID system, which are crucial reforms to boost access to credit, diversify the private sector, and improve the efficiency of public spending.

“The team had fruitful discussions with Minister of Finance Santina Cardoso, Central Bank Governor Hélder Lopes, other senior officials, the private sector, civil society, and development partners. On behalf of the IMF team, I would like to thank the Timorese authorities for their hospitality and excellent cooperation. The IMF stands ready to continue providing capacity development to assist the government’s operations and reform efforts.”

IMF Communications Department

MEDIA RELATIONS

PRESS OFFICER: Pemba Sherpa

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

@IMFSpokesperson

https://www.imf.org/en/News/Articles/2025/07/02/pr25232-imf-staff-complete-2025-article-iv-mission-to-timor-leste

MIL OSI
MIL OSI Russia News –
July 3, 2025
MIL-OSI China: China releases national standards for emerging industries

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

BEIJING, July 2 — China’s State Administration for Market Regulation on Wednesday said that it has released a series of national standards for emerging industries such as artificial intelligence (AI).

Seven national standards have been released — covering AI, information technology and the Internet of Things — to provide technical support for the expansion of digital services and applications, the administration said.

Another five national standards cover data centers, cybersecurity technologies, and systems and software engineering, supporting deeper integration and interconnection throughout the digital economy.

The administration has released national standards on the safety of electric earthmoving machinery and the general requirements for battery-swap systems, improving the standards system for the electrification of traditional construction equipment and supporting the green transformation and upgrading of traditional industries, the administration said.

It has also released a range of national standards covering such areas as elderly care and child care, transportation and energy, agriculture and rural development, and green and low-carbon development.

MIL OSI China News –

July 3, 2025
MIL-OSI: GDS Announces the Final Offering Price for its C-REIT Initial Public Offering on the Shanghai Stock Exchange

Source: GlobeNewswire (MIL-OSI)

SHANGHAI, China, July 02, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that the final offering price for its previously announced China REIT (“C-REIT”) initial public offering (“IPO”) on the Shanghai Stock Exchange is RMB 3.00 per unit. The final offering price was determined following completion of the institutional bookbuilding, which was 166 times over-subscribed. The C-REIT will issue 800,000,000 units in total, representing 100% of units in issue on completion of the IPO. The gross proceeds to be received by the C-REIT is RMB 2,400 million.

At the final offering price, the implied EV / EBITDA, based on the projected EBITDA for 2026 for the C-REIT contained in the offering memorandum of RMB 141.8 million, is 16.9 times. At the final offering price, the implied dividend yield per unit, based on the projected cash flow available for distribution for 2026 contained in the offering memorandum of RMB 124.8 million, is 5.2 per cent.

GDS will enter into an agreement to sell to the C-REIT a 100% equity interest in a project company which holds stabilized data center assets for a total enterprise value of approximately RMB 2,319 million. On completion of the sale, GDS will receive total net cash proceeds of approximately RMB 2,111 million, comprising equity consideration and dividend of existing cash, net of tax and certain other transaction costs. In addition, GDS will de-consolidate approximately RMB 62 million of net debt and other liabilities. GDS will reinvest RMB 480 million to subscribe for 20% of the units issued by the C-REIT in the IPO.

GDS will continue to operate and manage the underlying data center assets under a services agreement with the project company transferred to the C-REIT, pursuant to which GDS will receive recurring annual fee income of approximately RMB 5 million.

About GDS Holdings Limited

GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

For investor and media inquiries, please contact:

GDS Holdings Limited
Laura Chen
Phone: +86 (21) 2029-2203
Email: ir@gds-services.com

Piacente Financial Communications
Ross Warner
Phone: +86 (10) 6508-0677
Email: GDS@tpg-ir.com

Brandi Piacente
Phone: +1 (212) 481-2050
Email: GDS@tpg-ir.com

GDS Holdings Limited

The MIL Network –

July 3, 2025
MIL-OSI United Kingdom: Kenya-UK Strategic Partnership: Joint Statement
Source: United Kingdom – Executive Government & Departments

News story

Kenya-UK Strategic Partnership: Joint Statement

Foreign Secretary David Lammy and Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs H.E Musalia Mudavadi met in London on 2 July 2025 and reflected on the new Kenya-UK Strategic Partnership
Speaking as they met at London’s Guildhall in the margins of the Africa Debate, Foreign Secretary David Lammy MP and Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs H.E Musalia Mudavadi said:

As Commonwealth nations, the Republic of Kenya and the United Kingdom of Great Britain and Northern Ireland enjoy a deep and vibrant relationship, rooted in our shared history, shared values and set apart by the exceptional talents of our people.

The new Kenya-UK Strategic Partnership 2025-2030 will provide a comprehensive framework to progress our shared objectives, strengthening the bilateral relationship and delivering growth for both our countries.

The Partnership will focus on areas of shared interest and strength, including green growth, climate and nature, science and technology, and security and stability. We will be laser-focussed on delivery – creating jobs, enhancing links between our academics, innovators and scientists, and protecting the environment, nature and our people.

Kenya is a gateway to the East African market with over 300 million people with combined GDP of over USD 400 billion (Kshs.52 billion). UK-Kenya trade is valued at £1.8 billion (Kshs.218 billion). UK companies are among the largest employers in Kenya. This new partnership will deliver £1 billion (Kshs.177 billion) for the UK economy in export finance, engineering jobs and defence manufacturing jobs in Northampton and County Durham.

The Partnership will see Lloyd’s of London enter the Nairobi insurance market as a gateway to the East Africa Market valued up to £0.5 billion (Kshs.88billion).

Over the next five years, Kenya and the UK will deliver on high value investment deals of mutual benefit to both economies.

This includes Nairobi Railway City, a flagship project, which exemplifies what is possible when ambition meets partnership. Railway City is worth up to £150 million (Kshs.26billion) with the potential for 10,000 direct and indirect jobs in Kenya. Procurement for construction of the first phase of the project has now launched with opportunities ranging from commercial real estate and hospitality to tech innovation and student housing.

Both countries have agreed to explore a new Digital Trading Agreement and to aim to double trade by 2030 in areas like financial services, digital and technology, and defence and security.

The Kenya and UK governments will further their global leadership on climate and nature through the Partnership, mobilising at least £200 million (Kshs.35billion) for Kenyan climate adaptation, keeping the 1.5 C temperature goal in reach and unlocking green energy transitions and nature-based solutions.

Under science and technology, the Strategic Partnership will harness the potential of science, research, innovation and technology partnerships, including on Artificial Intelligence (AI) and emerging technologies, to drive inclusive growth, job creation and sustainable development.

Finally, this new strategic partnership will strengthen our joint response to regional terrorism, illicit finance, cyber attacks and organised crime, keeping our people safe.

Through the UK-Kenya Security Compact, which we signed today, both countries will prioritise efforts to reduce irregular migration, and support regional stability. The renewed Compact is designed to address both traditional and emerging security threats. Priorities include tackling risks from digital spaces and new technologies, reducing irregular migration, and countering illicit finance. The partnership will continue to build on its strong foundation, ensuring that previous achievements are sustained and that new challenges are met with a coordinated, forward-looking approach.

This high ambition Strategic Partnership will enable us to go far, together, for a more prosperous and secure future for both our great nations.

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Published 2 July 2025
MIL OSI United Kingdom –
July 2, 2025
MIL-OSI Africa: The International Islamic Trade Finance Corporation (ITFC) Wins Global Trade Review (GTR) Best Deals of 2024 for Türkiye Earthquake Response Financing

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The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), a member of the Islamic Development Bank (IsDB) Group, has been recognized with a GTR (Global Trade Review) Best Deals of 2024 for its innovative US$150 million Murabaha financing facility, to support Türkiye’s post-earthquake economic recovery.

Executed in close partnership with the Ministry of Treasury and Finance of the Republic of Türkiye, the Industrial Development Bank of Türkiye (TSKB), and the Development and Investment Bank of Türkiye (TKYB), this landmark Shariah-compliant financing was the first Islamic trade finance facility designed for post-disaster recovery.

The financing was developed in response to the devastating earthquakes that struck Türkiye in February 2023, resulting in an estimated US$100 billion in damages and disrupting over 220,000 businesses. The facility delivered working capital support and laid the foundation for sustainable economic revival in key sectors including food security, agriculture, and trade.

Commenting on the award, Nazeem Noordali, Chief Operating Officer, ITFC highlighted, “This award is a testament to our continued commitment to support trade-driven resilience. By partnering with Türkiye’s public sector and key development banks, we have introduced an Islamic finance solution that strengthens recovery and supports long-term trade sustainability.”

Ms. Sedef Aydaş Head of Department the Republic of Türkiye Ministry of Treasury and Finance, stated that ITFC is one of the first financing organizations showing its willingness to support Türkiye’s post-earthquake economic recovery and added that: “We as Ministry of Treasury and Finance are delighted and thankful to receive GTR Best Deal of 2024 with the first transactions with ITFC for its financing support to Türkiye regarding food security, agriculture and SME trade financing in the earthquake region. I hope the deals we had with ITFC will be one of the landmark projects for future transactions in various areas.”

The project has also accelerated the adoption of Islamic trade finance solutions in Türkiye’s public sector. TSKB and TKYB utilized the opportunity to develop new Shariah-compliant frameworks with strategic impact across other sectors like renewable energy, climate resilience, employment and inclusive development. It also opened new avenues for Islamic financing in Türkiye’s public sector, paving the way for future Murabaha based financing from international players.

Commenting on the award, Ms. Meral Murathan, Executive Vice President & Sustainability Leader of TSKB, said: “As Türkiye’s first privately-owned development and investment bank, we have been committed to supporting sustainable and inclusive development for the past 75 years. In the aftermath of the February 2023 earthquake, we placed the sustainable redevelopment of the affected regions at the core of our mission. The US$ 150 million Murabaha-based agreement we signed with ITFC in August 2024 marks the first cooperation between TSKB and ITFC. We are pleased to have structured this partnership to support trade-driven recovery and resilience in the earthquake-impacted areas by addressing the urgent needs of local businesses.”

The award was presented at the GTR Best Deals 2024 ceremony, where ITFC representative alongside officials from the Ministry of Treasury and Finance of the Republic of Türkiye and TSKB.

İbrahim H. Oztop, the CEO of the Development and Investment Bank of Türkiye commented “We are very pleased to be involved in this transaction, executed in collaboration with ITFC, our partner institution. This financing not only represents a step forward in strengthening our corporate financing structure but also helps us to achieve our strategic goals. We consider this award as a recognition of our institution’s vision and mission on an international level.”

This recognition reinforces ITFC’s leadership in Islamic trade finance solutions and its contribution to achieving SDG 8 (Decent Work & Economic Growth) and SDG 9 (Industry, Innovation & Infrastructure).

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Contact Us:
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: ITFC@itfc-idb.org

Social Media:
Twitter: https://apo-opa.co/3TnUU1I
Facebook: https://apo-opa.co/401UMZA
LinkedIn: https://apo-opa.co/4laE2YE

About the International Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$83 billion of financing to OIC member countries, making it the leading provider of trade solutions for member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, enabling them to successfully compete in the global market.

MIL OSI Africa –

July 2, 2025

MIL-OSI: YieldMax® ETFs Announces Distributions on SMCY, ULTY, MSTY, WNTR, LFGY, and Others

Source: GlobeNewswire (MIL-OSI)

CHICAGO and MILWAUKEE and NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) — YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group D ETFs listed in the table below.

ETF Ticker¹	ETF Name	Distribution Frequency	Distribution per Share	Distribution Rate^2,⁴	30-Day SEC Yield³	ROC⁵	Ex-Date & Record Date	Payment Date
CHPY	YieldMax® Semiconductor Portfolio Option Income ETF	*Weekly*	$0.4223	40.43%	0.04%	99.14%	7/3/25	7/7/25
GPTY	YieldMax® AI & Tech Portfolio Option Income ETF	*Weekly*	$0.3182	35.46%	0.00%	100.00%	7/3/25	7/7/25
LFGY	YieldMax® Crypto Industry & Tech Portfolio Option Income ETF	*Weekly*	$0.4669	60.87%	0.00%	100.00%	7/3/25	7/7/25
QDTY	YieldMax® Nasdaq 100 0DTE Covered Call ETF	*Weekly*	$0.1618	19.16%	0.00%	100.00%	7/3/25	7/7/25
RDTY	YieldMax® R2000 0DTE Covered Call ETF	*Weekly*	$0.2361	26.39%	1.65%	100.00%	7/3/25	7/7/25
SDTY	YieldMax® S&P 500 0DTE Covered Call ETF	*Weekly*	$0.1638	18.96%	0.07%	100.00%	7/3/25	7/7/25
ULTY	YieldMax® Ultra Option Income Strategy ETF	*Weekly*	$0.0952	80.23%	0.00%	98.10%	7/3/25	7/7/25
YMAG	YieldMax® Magnificent 7 Fund of Option Income ETFs	*Weekly*	$0.0554	19.05%	63.17%	77.84%	7/3/25	7/7/25
YMAX	YieldMax® Universe Fund of Option Income ETFs	*Weekly*	$0.1574	60.04%	82.40%	96.10%	7/3/25	7/7/25
AIYY	YieldMax® AI Option Income Strategy ETF	Every 4 weeks	$0.1600	47.92%	3.46%	93.73%	7/3/25	7/7/25
AMZY	YieldMax® AMZN Option Income Strategy ETF	Every 4 weeks	$0.5900	46.94%	2.86%	94.61%	7/3/25	7/7/25
APLY	YieldMax® AAPL Option Income Strategy ETF	Every 4 weeks	$0.2695	26.93%	3.38%	87.98%	7/3/25	7/7/25
DISO	YieldMax® DIS Option Income Strategy ETF	Every 4 weeks	$0.4163	36.54%	2.97%	93.52%	7/3/25	7/7/25
MSTY	YieldMax® MSTR Option Income Strategy ETF	Every 4 weeks	$1.2382	77.14%	1.80%	96.86%	7/3/25	7/7/25
SMCY	YieldMax® SMCI Option Income Strategy ETF	Every 4 weeks	$1.6102	101.78%	3.09%	97.25%	7/3/25	7/7/25
WNTR	YieldMax® Short MSTR Option Income Strategy ETF	Every 4 weeks	$1.8550	65.38%	3.19%	96.58%	7/3/25	7/7/25
XYZY	YieldMax® XYZ Option Income Strategy ETF	Every 4 weeks	$0.4398	56.14%	2.57%	97.95%	7/3/25	7/7/25
YQQQ	YieldMax® Short N100 Option Income Strategy ETF	Every 4 weeks	$0.2338	21.22%	3.41%	84.56%	7/3/25	7/7/25
Weekly Payers & Group A ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY UTLY YMAG YMAX BRKC CRSH FEAT FIVY GOOY OARK SNOY TSLY TSMY XOMO YBIT

Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.yieldmaxetfs.com

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (866) 864-3968.

Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

¹All YieldMax® ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. YMAG has a management fee of 0.29% and Acquired Fund Fees and Expenses of 0.83% for a gross expense ratio of 1.12%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax® ETFs. ULTY has a gross expense ratio of 1.40%, and a net expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.

²The Distribution Rate shown is as of close on July 1, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

³The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended June 30, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

⁴Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.

⁵ROC refers to Return of Capital. The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

Important Information

This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

Tidal Financial Group is the adviser for all YieldMax® ETFs.

THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax® ETFs. As such, these funds are subject to the risks listed in this section, which apply to all the YieldMax® ETFs they may hold from time to time.

Investing involves risk. Principal loss is possible.

Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA, BRK.B), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

Risk Disclosures (applicable only to GPTY)

Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

Risk Disclosure (applicable only to MARO)

Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

Risk Disclosures (applicable only to BABO and TSMY)

Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

Risk Disclosures (applicable only to GDXY)

Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

Risk Disclosures (applicable only to YBIT)

YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

Risk Disclosures (applicable only to the Short ETFs)

Investing involves risk. Principal loss is possible.

Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole. Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

Risk Disclosures (applicable only to CHPY)

Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

Risk Disclosures (applicable only to YQQQ)

Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

YieldMax® ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax® ETFs.

The MIL Network –

July 2, 2025

MIL-OSI: Amplify ETFs Declares June Income Distributions for Bitcoin Option Income ETFs

Source: GlobeNewswire (MIL-OSI)

CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Amplify ETFs announces June income distribution for its Bitcoin* option income ETFs, BITY and BAGY.

ETF Name	Ticker	Distribution Rate¹	Amount per Share	Distribution Frequency	30 Day SEC Yield¹
Amplify Bitcoin Max Income Covered Call ETF	BAGY	30.66%	$1.41350	Monthly	3.27%
Amplify Bitcoin 2% Monthly Option Income ETF	BITY	24.40%	$1.13000	Monthly	2.47%

Distributions as of 6/30/25 included an estimated return of capital: BAGY 93%, BITY 93%. Past performance does not guarantee future results.

Learn more:

About Amplify ETFs
Amplify ETFs, sponsored by Amplify Investments, has over $12 billion in assets across its suite of ETFs (as of 6/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more visit AmplifyETFs.com.

Sales Contact: Amplify ETFs 855-267-3837 info@amplifyetfs.com	Media Contact: Gregory FCA for Amplify ETFs Kerry Davis 610-228-2098 amplifyetfs@gregoryfca.com

¹Distribution Rate is the normalized current distribution (annualized) over NAV per share. 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period

*The Funds do not invest directly in bitcoin. Bitcoin ETPs are exchange-traded investment products not registered under the 1940 Act that seek to generally match the performance of the price of Bitcoin, and trade intra-day on a national securities exchange.

BITY, formerly Amplify Bitcoin 24% Premium Income ETF.
There is no guarantee that BITY will achieve the Target Option Premium in any given year. If the NAV of the Fund remains level or decreases during any one-year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period.

Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectus carefully before investing.

This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

Investing involves risk and possible loss of principal. There is no guarantee the investment strategy will be successful. The Funds are considered to be non-diversified. The Funds are actively managed and their performance reflects the investment decisions the Adviser makes for the Funds.

The Funds face risks by investing in Bitcoin through the Bitcoin ETP and Bitcoin ETP Options, as bitcoin is a new and highly speculative investment. The market for bitcoin is volatile and subject to rapid changes, regulatory actions, and numerous challenges to widespread adoption. Issues such as slow transaction processing, variable fees, and price volatility further increase these risks.

There is a lack of consensus regarding the regulation of digital assets, including bitcoin, and their markets. Trading in shares of a Bitcoin ETP on U.S. securities exchanges may be halted due to market conditions or for reasons that, in the view of an exchange, make trading in shares of the Bitcoin ETP inadvisable.

Option contract prices are volatile and affected by changes in the underlying asset’s value, interest or currency rates, and expected volatility, all of which are influenced by political, fiscal, and monetary policies. The Funds may use FLEX Options, which can be less liquid than standardized options. This may make it difficult to close out FLEX Options positions at desired times and prices.

With covered call risk, the Funds might miss out on profits if the security’s value rises above the option’s premium and strike price while still facing potential losses if the value declines. With covered put risk, significant stock price increases can lead to substantial losses on your short position. The premium provides some income but may not fully offset the loss if the stock rallies unexpectedly.

The Funds currently expect to make distributions on a monthly basis, a portion of which may be considered return of capital.

Amplify Investments LLC serves as the investment adviser to the Funds. Kelly Strategic Management, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Funds.

Amplify ETFs are distributed by Foreside Fund Services, LLC.

The MIL Network –

July 2, 2025

MIL-OSI: Dayforce offre aux PME canadiennes les moyens de réussir grâce à Powerpay par Dayforce

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE : DAY; TSX : DAY), un chef de file mondial en gestion du capital humain qui améliore la vie au travail, a annoncé aujourd’hui le repositionnement de marque de sa solution de gestion de la paie et de gestion des RH pour les PME sous le nom de Powerpay par Dayforce, ce qui signifie que l’entreprise met l’accent sur une nouvelle approche stratégique et s’engage de manière continue à répondre aux besoins uniques et en constante évolution de plus de 46 000 clients à travers le Canada.

Les PME représentent le moteur de l’économie canadienne, en ajoutant des milliards de dollars à son PIB chaque année et en représentant presque l’ensemble du paysage commercial. Mais il n’a jamais été aussi complexe de gérer une PME. Avec l’apport de centaines de modifications législatives chaque année, les propriétaires d’entreprise doivent composer avec un contexte de conformité et de réglementations sur l’emploi en constante évolution. Pour demeurer concentrés sur la croissance de leur entreprise, ils ont besoin d’outils simples et fiables qui les aident à payer leurs employés de manière exacte et conforme.

« Powerpay représente notre engagement envers les PME canadiennes. Nous comprenons vos défis, soutenons vos ambitions et favorisons votre réussite », déclare David Ossip, président et chef de la direction chez Dayforce. « Powerpay est une solution conçue pour simplifier la conformité, permettre aux propriétaires d’entreprises de gagner du temps et les aider à se concentrer sur ce qui compte le plus, c’est-à-dire leur entreprise. Nous sommes fiers de contribuer à transformer l’exploitation, la croissance et la prospérité des entreprises canadiennes ».

En plus du repositionnement de la marque, la solution Powerpay offre également une expérience plus intuitive et conviviale grâce à des fonctions améliorées de suivi des heures et de rémunération. Les mises à jour récentes apportées à la solution, notamment l’Assistant Nouvelle embauche et la fonction d’inscription libre-service de masse, sont axées sur les employés et les gestionnaires afin de les aider à rationaliser l’intégration et les tâches quotidiennes. Ces améliorations favorisent l’efficacité, offrent une meilleure visibilité sur les données relatives aux effectifs et soutiennent une prise de décisions plus rapide et plus confiante.

« Powerpay a transformé la façon dont nous gérons la paie », indique Krista Hanes, directrice de l’administration et des services aux entreprises chez Apollo Property Management. « La plateforme est intuitive, évolutive et convient parfaitement à une entreprise comme la nôtre qui gère plusieurs traitements de la paie. Elle offre une tranquillité d’esprit à nos équipes des RH et des finances, en sachant que la paie est toujours traitée de façon exacte et à temps. Nous considérons Powerpay comme un partenaire de confiance et sommes enthousiastes à l’idée de savoir ce que nous réserve l’avenir. »

Croissance de l’équipe de direction de Powerpay

Dans le cadre de l’engagement de l’entreprise envers une croissance et une innovation durables, Behrad Bayanpour a été nommé directeur général de Powerpay. Dans son rôle de vice-président directeur de la stratégie et de la croissance chez Dayforce, il supervise les ventes, les produits, l’ingénierie et les services, et apporte une vision ciblée pour faire évoluer la mission de Powerpay qui consiste à fournir des solutions fiables, sécurisées et conformes aux propriétaires d’entreprise à travers le Canada.

« Tandis que nous tirons parti de l’élan de Powerpay, notre engagement à autonomiser les PME canadiennes n’a jamais été aussi élevé », déclare M. Bayanpour. « Nous ne fournissons pas seulement une plateforme, nous forgeons également des partenariats qui alimentent la croissance, stimulent l’innovation et aident les PME à naviguer avec confiance et optimisme dans un monde en constante évolution. »

Pour en savoir plus, veuillez consulter le nouveau site Web powerpay.ca.

À propos de Dayforce
Dayforce améliore la vie au travail. Tout ce que nous faisons en tant que chef de file mondial en technologie de gestion du capital humain vise à aider des milliers de clients et des millions d’employés à travers le monde à accomplir leur vocation. Grâce à notre plateforme de gestion du capital humain optimisée par l’IA qui facilite la gestion des RH, de la paie, des heures, des talents et des analyses de données, les organisations de toutes tailles et de tous les secteurs d’activité bénéficient de la simplicité à grande échelle qu’offre Dayforce pour aider à libérer le potentiel de leurs effectifs, à exercer leurs activités en toute confiance et à réaliser une valeur quantifiable. Pour en savoir plus, visitez le dayforce.com.

Pour communiquer avec l’équipe de relations publiques de Dayforce
Patrick Allen
patrick.allen@dayforce.com
647 417-2208

The MIL Network –

July 2, 2025
MIL-OSI: Dayforce Empowers Canadian Small and Mid-Sized Businesses with Powerpay by Dayforce

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the rebranding of its payroll and HR solution for Canadian small and mid-sized businesses (SMBs) as Powerpay by Dayforce, signaling a renewed strategic focus and ongoing commitment to meeting the unique and evolving needs of its more than 46,000 customers across Canada.

SMBs drive Canada’s economy, contributing billions to its GDP each year and representing nearly the entire business landscape. But running one has never been more complex. With hundreds of legislative changes introduced annually, business owners face a fast-changing landscape of compliance and employment regulations. To stay focused on growth, they need simple, reliable tools that help pay their people accurately and compliantly.

“Powerpay represents our commitment to Canadian small and mid-sized businesses. We see your challenges, we support your ambitions, and we’re building for your successes,” said David Ossip, Chair and CEO at Dayforce. “Powerpay is designed to simplify compliance, save time, and help business owners focus on what matters most – their companies. We’re proud to help transform the way Canadian businesses operate, grow, and thrive.”

Timed with the rebrand, Powerpay also now delivers a more intuitive, user-friendly experience with enhanced time tracking and compensation features. Built with both employees and managers in mind, recent updates – including the New Hire Wizard and bulk self-service enrollment – help streamline onboarding and day-to-day tasks. These improvements boost efficiency, offer better visibility into workforce data, and support faster, more confident decision-making.

“Powerpay has transformed how we manage payroll,” said Krista Hanes, Director of Administration & Corporate Services at Apollo Property Management. “The platform is intuitive, scalable, and a great fit for a business like ours that runs multiple payrolls. It gives our HR and finance teams peace of mind, knowing payroll is always accurate and on time. We see Powerpay as a trusted partner and are excited about what’s ahead.”

Powerpay leadership team growth

As part of the company’s dedication to sustained growth and innovation, Behrad Bayanpour has been appointed General Manager of Powerpay. In his role as SVP of Strategy and Growth at Dayforce, he oversees Sales, Product, Engineering, and Services, and brings a focused vision to advance Powerpay’s mission of delivering reliable, secure, and compliant solutions to business owners across Canada.

“As we build on Powerpay’s momentum, our commitment to empowering Canada’s small and mid-sized businesses has never been stronger,” said Bayanpour. “We’re not just providing a platform — we’re forging partnerships that fuel growth, drive innovation, and help SMBs navigate an evolving landscape with confidence and optimism.”

Learn more at the new dedicated site: powerpay.ca.

About Dayforce
Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on enabling thousands of customers and millions of employees around the world do the work they’re meant to do. With our single AI-powered people platform for HR, Pay, Time, Talent, and Analytics, organizations of all sizes and industries are benefiting from simplicity at scale with Dayforce to help unlock their full workforce potential, operate with confidence, and realize quantifiable value. To learn more, visit dayforce.com.

Media Contact
Patrick Allen
patrick.allen@dayforce.com
(647) 417-2208

The MIL Network –

July 2, 2025
MIL-OSI: Dayforce Empowers Canadian Small and Mid-Sized Businesses with Powerpay by Dayforce

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the rebranding of its payroll and HR solution for Canadian small and mid-sized businesses (SMBs) as Powerpay by Dayforce, signaling a renewed strategic focus and ongoing commitment to meeting the unique and evolving needs of its more than 46,000 customers across Canada.

SMBs drive Canada’s economy, contributing billions to its GDP each year and representing nearly the entire business landscape. But running one has never been more complex. With hundreds of legislative changes introduced annually, business owners face a fast-changing landscape of compliance and employment regulations. To stay focused on growth, they need simple, reliable tools that help pay their people accurately and compliantly.

“Powerpay represents our commitment to Canadian small and mid-sized businesses. We see your challenges, we support your ambitions, and we’re building for your successes,” said David Ossip, Chair and CEO at Dayforce. “Powerpay is designed to simplify compliance, save time, and help business owners focus on what matters most – their companies. We’re proud to help transform the way Canadian businesses operate, grow, and thrive.”

Timed with the rebrand, Powerpay also now delivers a more intuitive, user-friendly experience with enhanced time tracking and compensation features. Built with both employees and managers in mind, recent updates – including the New Hire Wizard and bulk self-service enrollment – help streamline onboarding and day-to-day tasks. These improvements boost efficiency, offer better visibility into workforce data, and support faster, more confident decision-making.

“Powerpay has transformed how we manage payroll,” said Krista Hanes, Director of Administration & Corporate Services at Apollo Property Management. “The platform is intuitive, scalable, and a great fit for a business like ours that runs multiple payrolls. It gives our HR and finance teams peace of mind, knowing payroll is always accurate and on time. We see Powerpay as a trusted partner and are excited about what’s ahead.”

Powerpay leadership team growth

As part of the company’s dedication to sustained growth and innovation, Behrad Bayanpour has been appointed General Manager of Powerpay. In his role as SVP of Strategy and Growth at Dayforce, he oversees Sales, Product, Engineering, and Services, and brings a focused vision to advance Powerpay’s mission of delivering reliable, secure, and compliant solutions to business owners across Canada.

“As we build on Powerpay’s momentum, our commitment to empowering Canada’s small and mid-sized businesses has never been stronger,” said Bayanpour. “We’re not just providing a platform — we’re forging partnerships that fuel growth, drive innovation, and help SMBs navigate an evolving landscape with confidence and optimism.”

Learn more at the new dedicated site: powerpay.ca.

About Dayforce
Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on enabling thousands of customers and millions of employees around the world do the work they’re meant to do. With our single AI-powered people platform for HR, Pay, Time, Talent, and Analytics, organizations of all sizes and industries are benefiting from simplicity at scale with Dayforce to help unlock their full workforce potential, operate with confidence, and realize quantifiable value. To learn more, visit dayforce.com.

Media Contact
Patrick Allen
patrick.allen@dayforce.com
(647) 417-2208

The MIL Network –

July 2, 2025

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