NewzIntel.com

Category: Economy

  • MIL-OSI Africa: Wiring Africa’s industrial future: African Development Bank’s helping to spur Botswana’s automotive revolution

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

    ABIDJAN, Ivory Coast, May 7, 2025/APO Group/ —

    The Botswanan town of Lobatse, some 70 km south of Gaborone, has been transformed into a vibrant manufacturing centre. Across sprawling factory floors, hundreds of skilled hands meticulously assemble intricate wiring harnesses – components that will eventually power Volkswagen and Nissan vehicles across Africa and beyond.

    In the automotive industry, wire harnesses are an intricate arrangement of wires, connectors, and components. They serve as vehicles’ central nervous systems, enabling the  transmission of electrical signals and power throughout the automobile.

    This is Delta Automotive Technologies, where strategic financing from the African Development Bank has catalysed a manufacturing renaissance that extends far beyond the factory wallsThe company makes wiring harnesses primarily for Volkswagen and Nissan.. For decades, Botswana’s economic history was written in diamonds. Today, a new chapter is unfolding as the African Development Bank’s $80 million credit line to the Botswana Development Corporation (BDC) for businesses in the country fuels Delta Automotive’s transformation into a manufacturing powerhouse.

    “This funding hasn’t just built infrastructure – it’s built opportunity,” says Darryn Hattingh, Delta’s Director of Manufacturing. “We’ve built a world-class operation that competes globally while creating opportunity locally. The support enables us to industrialise not just today’s production lines, but tomorrow’s innovations. It will support us to industrialise future businesses obtained through Volkswagen.”

    The firm, which is based in Botswana, makes wiring harnesses for  Volkswagen’s Polo Vivo and Polo 270, and Nissan’s H60 brands.

    It currently makes 120 vehicle harness sets for Volkswagen South Africa per day. By 2027, it hopes to create 340 vehicle sets for Volkswagen and 111 for Nissan in South Africa.

    Women powering an industrial revolution

    As one walks through Delta’s expansive manufacturing facility, one fact is immediately apparent: in a traditionally male-dominated industry, women’s expertise is driving this operation forward. An impressive 75% of Delta’s workforce is female, shattering glass ceilings with every wire harness assembled.

    For Clara Kaekane, a product and process engineer at Delta, the significance goes beyond personal achievement: “Every component we make is a challenge to outdated assumptions about gender and engineering work. I’m not just building car parts – I’m building a new perception of what is possible for women in manufacturing across Africa.”

    Kaekane feels empowered to work at the management level in the automotive industry, which is normally male-dominated.

    “This is a great opportunity for our country and company,” she says.

    Connecting communities to global value chains

    The hum of activity at Delta’s plant represents more than manufacturing – it is the sound of Botswana’s integration into sophisticated global supply networks. Currently producing 120 vehicle wiring harnesses daily, with plans to nearly triple output by 2027, Delta is an example of how African manufacturers can excel in precision-demanding global industries.

    “What is happening here is the physical manifestation of our High 5 development priorities, particularly  ‘Industrialize Africa’ and ‘Integrate Africa’. It also provides skills to the people of Africa,” said the African Development Bank’s Deputy Director General for Southern Africa, Moono Mupotola. “Each wire harness connects not just vehicle components, but Botswana’s workforce to global value chains, rural communities to industrial opportunities, and traditional economies to a diversified future.”

     Scaling impact: From hundreds to thousands

    The numbers tell a compelling story: There are 327 employees today, expected to grow to 1,000 within four years. Behind those numbers are families supported, skills developed, and communities transformed. With 95% of the workforce Botswana nationals, the company has become a major driver of local economic empowerment.

    “We’re seeing multiple development dividends from this single investment,” says Benedicta Abosi of BDC. “Delta’s growth is generating export earnings, creating quality jobs, developing technical skills and, perhaps most importantly, demonstrating what’s possible when development finance meets entrepreneurial vision.”

    She explained that five years ago, the Botswana Development Corporation supported multiple businesses, including Delta Automotive Technologies, through a $80 million line of credit facility from the African Development Bank.

    A blueprint for African industrial transformation, Delta’s success offers a replicable model for industrial development across the continent. By strategically supporting companies integrated into global supply chains, development finance can simultaneously address unemployment, gender inequality, economic diversification, and regional integration.

    As workers at Delta Automotive Technologies continue to assemble the components that will power vehicles across the region; they’re also creating a template for how African development finance can catalyse inclusive industrial transformation.

    “This has definitely been a good investment for the African Development Bank, and this is how we see development financing working in Africa, Mupotola added.

    MIL OSI Africa –

  • MIL-OSI: Best Online Casinos NJ (New Jersey): 7Bit Casino, Ranked as a Premier Choice Among NJ Players

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., May 07, 2025 (GLOBE NEWSWIRE) — After testing various online casinos in NJ and looking into their bonuses and rewards, we finally found 7Bit Casino, which is one of the best online casinos in NJ. We are surprised by its welcome bonus and fastest payout feature. With over 10,000 games, including slots, table games, and live dealer options, 7Bit Casino caters to all players. Its robust security, 24/7 support, and mobile-friendly platform ensure a seamless experience, making it a top pick for New Jersey online casinos.

    ✅FEELING LUCKY? TEST YOUR SKILLS AND LUCK AT 7BIT CASINO!

    Why 7Bit Casino Is One of the Best Online Casinos in NJ?

    7Bit Casino has earned its place among the best New Jersey online casinos through its exceptional features and player-focused approach. Since its launch in 2014, it has built a reputation for reliability, operating under a Curacao eGaming license.

    Here’s why it stands out as a top online casino in NJ:

    Extensive Game Library:

    Boasting over 10,000 games from providers like NetEnt, Microgaming, and Evolution Gaming, 7Bit Casino offers unmatched variety. From slots to live dealer games, every player finds their niche, making it a leader among NJ online casinos.

    Lucrative Bonuses:

    The welcome package offers a 325% match up to 5.25 BTC plus 250 free spins, alongside weekly reloads and cashback. These promotions enhance gameplay, positioning 7Bit Casino as the best NJ online casino.

    Swift Payouts:

    Cryptocurrency withdrawals are processed in under an hour, and fiat withdrawals within 24 hours, outpacing many NJ online casinos. This efficiency ensures players access their winnings quickly.

    Robust Security:

    With 128-bit SSL encryption, two-factor authentication (2FA), and certified RNG technology, 7Bit Casino guarantees a safe and fair gaming environment, a hallmark of top New Jersey online casinos.

    Promotions & Bonuses at 7Bit Casino

    7Bit Casino’s promotions are designed to maximize player value. Here’s what’s available for NJ Players:

    Welcome Bonus:

    New players receive a 325% match bonus up to 5.25 BTC plus 250 free spins across four deposits:

    • First Deposit: 100% match up to 1.5 BTC + 100 free spins.
    • Second Deposit: 75% match up to 1.25 BTC + 100 free spins.
    • Third Deposit: 50% match up to 1.5 BTC.
    • Fourth Deposit: 100% match up to 1 BTC + 50 free spins.

    A 40x wagering requirement applies, making this one of the most generous offers among NJ online casinos.

    ✅SIGN UP, DEPOSIT, AND UNLOCK 325% MATCH BONUS + FREE SPINS!

    Weekly Reload Bonuses:

    • Monday Reload: 25% up to 5.5 mBTC.
    • Wednesday Free Spins: Deposit €20+ for up to 100 free spins.

    Cashback:

    Players receive up to 20% cashback on losses, credited weekly based on VIP level, softening losses and encouraging play.

    Other Promotions:

    • New Game Offer: 45 Free Spins
    • Telegram Offer: 50 Free Spins
    • Telegram Friday Offer: 111 Free Spins
    • Telegram Sunday Offer: 66 Free Spins

    Tournaments:

    • Titans` Arena: Prize pool of $8000
    • Platipus Rush: Prize pool of €2000
    • 10 Years of Platipus: Total prize pool of €100 000
    • Lucky Spin: $1500 + 1500 Free Spins

    Seasonal Promotions:

    Holiday specials, no-deposit bonuses, and VIP exclusives keep the promotions fresh, ensuring ongoing value for players.

    Game Categories

    7Bit Casino’s game library is a treasure trove for players, offering something for everyone. Here’s a detailed look:

    Online Slots

    Slots dominate with thousands of titles, from classic three-reel games to feature-rich video slots. Favorites like Starburst dazzle with vibrant graphics, while Book of Dead offers Egyptian-themed adventures with free spins. High-volatility slots like Gonzo’s Quest introduce innovative mechanics like the Avalanche feature. Progressive jackpots such as Mega Moolah promise life-changing wins, making 7Bit Casino a go-to for slot enthusiasts among NJ online casinos.

    Table Games

    Classic casino fans enjoy a robust selection of table games, including blackjack, roulette, baccarat, and craps. Variants like European Blackjack, American Roulette, and Punto Banco Baccarat cater to different strategies. High-quality graphics and smooth gameplay replicate a land-based casino, ensuring 7Bit Casino ranks high among New Jersey online casinos for table game lovers.

    Video Poker

    Video poker blends slots and poker, offering strategic gameplay in titles like Jacks or Better, Deuces Wild, and Joker Poker. With multiple pay lines and bonus features, these games appeal to skill-based players. The variety ensures video poker fans find ample options at this top NJ online casino.

    ✅JUMP INTO NONSTOP ACTION—PLAY TOP GAMES AT 7BIT TODAY!

    Jackpot Games

    For big-win seekers, 7Bit Casino’s jackpot games deliver. Progressive titles like Mega Moolah and Hall of Gods feature growing prize pools, while fixed jackpots offer substantial rewards. The thrill of chasing these prizes enhances 7Bit Casino’s appeal among the best NJ online casinos.

    Live Casino Games

    The live casino brings real-time excitement with professional dealers hosting blackjack, roulette, baccarat, and game shows like Crazy Time. High-definition streams and interactive features create a social, immersive experience, perfect for NJ online casino players craving authenticity.

    Loyalty Program And Payment Options

    Loyalty Program

    The 12-level loyalty program rewards every wager with points convertible to bonuses. Higher tiers unlock up to 20% cashback, reduced wagering, and personalized perks, making it a standout feature among New Jersey online casinos.

    Payment Options

    7Bit Casino offers a wide range of secure and flexible payment options to suit every player’s preference. Whether you’re into crypto transactions or traditional fiat methods, 7Bit makes deposits and withdrawals fast and hassle-free.

    Cryptocurrencies:

    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Litecoin (LTC)
    • Dogecoin (DOGE)
    • Bitcoin Cash (BCH)
    • Tether (USDT)
    • Ripple (XRP)

    Fiat Methods:

    • Visa
    • Mastercard
    • Maestro
    • Neosurf
    • Skrill
    • Neteller
    • Paysafe Card
    • Rapid Transfer
    • EcoPayz
    • Zimpler
    • Interac e-Transfer

    Deposits are instant, and withdrawals are swift, with crypto processed in under an hour and fiat within 1-3 days.

    ✅GET IN. PLAY HARD. CASH-OUT FAST. ONLY AT 7BIT!

    Pros And Cons Of 7Bit Casino

    Pros Cons
    Over 10,000 games from top providers Some fiat withdrawals take 1-3 days
    325% welcome bonus up to 5.25 BTC + 250 free spins  
    Fast crypto payouts (under an hour)  
    24/7 multilingual support  
    Mobile-friendly, no app needed  
    Crypto and fiat payment options  
    SSL encryption and 2FA security  
    12-level VIP program with 20% cashback  


    How To Get Started With 7Bit Casino? Key Steps to Follow

    Joining 7Bit Casino is a breeze, whether you’re a first-time player or a seasoned gamer looking for a new platform. This easy-to-follow guide breaks down the steps to create an account, deposit funds, and dive into the action, showcasing why 7Bit is a top pick for both crypto and traditional currency users. Here’s how you can be playing in just a few minutes:

    1. Go to the 7Bit Casino Website
    Open your browser on any device—mobile or desktop—and head to the official 7Bit Casino site. The platform is designed to work smoothly on all devices, but double-check you’re on a legitimate site to stay safe from scams.

    2. Hit the “Sign Up” Button
    Find the “Sign Up” option in the top-right corner of the homepage and click it to begin creating your account.

    3. Enter Your Information
    Provide your email address, set a strong password, and choose your currency (options include USD, EUR, BTC, ETH, and more). Verify your legal age and your acceptance of the terms and conditions.

    4. Verify Your Account
    Check your email for a confirmation message from 7Bit. Click the link in the email to activate your account.

    5. Deposit Funds
    Select a payment option like a credit card, Neosurf, or cryptocurrency, then make your first deposit to claim the welcome bonus.

    6. Jump into the Games
    With your deposit and bonus ready, explore over 10,000 games. Keep playing to earn rewards and climb the VIP ranks for even more perks.

    This simple process makes 7Bit Casino an inviting choice for players eager to enjoy a secure and exciting gaming experience.

    ✅PLAY SMART, AND EARN MORE—LOYAL PLAYERS WIN BIG AT 7BIT CASINO!

    Safety And Trustworthiness At 7Bit Casino

    When it comes to online gaming, safety is a top priority, and 7Bit Casino delivers a secure and reliable experience for its players. Operating under a reputable license from Curacao eGaming, the platform adheres to strict regulations to guarantee fairness and transparency.

    All games use certified Random Number Generators (RNGs), which are regularly tested by independent third-party auditors to ensure unbiased outcomes. To safeguard personal and financial information, 7Bit employs advanced 128-bit SSL encryption, a gold standard in data protection, and offers optional two-factor authentication (2FA) for an extra layer of account security.

    Additionally, the casino promotes responsible gaming by providing practical tools such as deposit limits, session reminders, and self-exclusion options, empowering players to stay in control of their gaming habits. With these robust measures, 7Bit Casino earns its reputation as a trusted and player-focused choice among New Jersey’s online casino community, offering peace of mind alongside an enjoyable gaming environment.

    Responsive Support:

    Available 24/7 via live chat, email, and phone, the multilingual support team resolves issues promptly, enhancing the player experience at this best NJ online casino.

    1. Mobile Accessibility: The fully optimized mobile platform requires no app, allowing seamless gaming on smartphones and tablets, a key feature for modern NJ online casinos.
    2. Versatile Payments: Supporting cryptocurrencies like Bitcoin and fiat methods like Visa, 7Bit Casino offers low-fee, high-limit transactions, catering to diverse player needs.

    These attributes make 7Bit Casino a standout in the competitive landscape of New Jersey online casinos, delivering quality and excitement to players.

    Software Providers

    7Bit Casino partners with industry leaders:

    • NetEnt: Offers Starburst and Gonzo’s Quest.
    • Microgaming: Features Mega Moolah and table games.
    • Evolution Gaming Powers live dealer games like Crazy Time.
    • Play’n GO: Provides Book of Dead.
    • Pragmatic Play: Includes Wolf Gold.

    These providers ensure a high-quality, diverse game library.

    User Interface And Experience

    The vintage Las Vegas-themed website is intuitive, with clear menus and a powerful search function. Filters help sort games by type or provider. A ‘How to Play’ section guides beginners, and demo modes allow risk-free trials. The mobile site mirrors desktop functionality, ensuring seamless play on the go.

    Summing Up 7Bit Casino’s Winning Edge

    7Bit Casino stands out as a premier NJ online casino, offering an impressive array of over 10,000 games, enticing bonuses, and swift payouts that cater to diverse player preferences. Its robust security measures, intuitive interface, and responsive customer support create a seamless and trustworthy gaming environment. With a strong focus on mobile accessibility and player satisfaction, 7Bit Casino delivers a high-quality experience, making it a top choice for New Jersey players seeking variety, innovation, and rewarding gameplay.

    Frequently Asked Questions

    1. What makes 7Bit Casino one of the best NJ online casinos?

    It’s 10,000+ games, generous bonuses, fast payouts, and top security set it apart. The mobile-friendly platform and 24/7 support enhance accessibility. It’s a top choice for New Jersey online casinos.

    2. What games can I play at 7Bit Casino?

    Enjoy slots, table games, video poker, jackpots, and live dealer games from providers like NetEnt and Evolution Gaming. The variety ensures something for every player. This diversity makes 7Bit Casino the best NJ online casino.

    3. How do I claim the welcome bonus at 7Bit Casino?

    Sign up, verify your email, and deposit. The 325% bonus up to 5.25 BTC plus 250 free spins spans four deposits. A 40x wagering requirement applies.

    4. What payment methods are available at 7Bit Casino?

    Use cryptocurrencies (BTC, ETH, LTC) or fiat methods (Visa, Skrill, Neteller). Deposits are instant, and crypto withdrawals are processed in under an hour. This flexibility suits NJ online casino players.

    5. Is 7Bit Casino safe to play at?

    Yes, it’s licensed by Curacao eGaming, uses SSL encryption, and offers 2FA. Third-party audits ensure fair play. It’s a secure choice among NJ online casinos.

    6. How can I get in touch with 7Bit Casino customer service?

    Reach support 24/7 via live chat, email (support@7bitcasino.com), or phone. The multilingual team is responsive, ensuring a smooth experience. This reliability makes 7Bit Casino the best New Jersey online casino.

    Contact Information

    Contact 7Bit Casino’s 24/7 support via live chat, email (support@7bitcasino.com), or phone.

    Email: support@7bitcasino.com

    Disclaimer and Affiliate Disclosure

    Disclaimer: 7Bit Casino promotes responsible gambling. Verify local laws before playing, as it may not be licensed for New Jersey. Gamble only with funds you can afford to lose.

    Gambling online comes with financial risks. Make sure you meet the legal age requirement (19+) in your region and follow local laws. Always engage in responsible gambling and check 7Bit’s official site for the latest terms, as promotions and payment methods may be updated.

    General Disclaimer

    This article is for informational and entertainment purposes only, not legal or financial advice. Content is based on research and user reviews as of writing. No warranties are made, and users must verify information before acting.

    Casino and Gambling Disclaimer

    Online gambling carries risks and isn’t for everyone. Confirm you’re of legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We don’t promote gambling; participation is at your risk. 7Bit Casino is a third-party platform, and we’re not liable for losses or disputes.

    Affiliate Disclosure

    This article may include affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content. Our reviews are unbiased, and we recommend only valuable products.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2cf9608b-01d0-40c9-a2c3-85704b318828

    The MIL Network –

  • MIL-OSI: American Rebel Light Beer Strategic Expansion Continues Full Throttle and Expands into Indiana with Premier Beverage Distributor Zink Distributing

    Source: GlobeNewswire (MIL-OSI)

    New Indiana Distribution Deal Supercharges Midwest Reach – Strengthening Footprint in Key Border States and Reinforcing Growth Trajectory for 2025

    Nashville, TN, May 07, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is expanding into Indiana through its newest distribution agreement with Zink Distributing (zinkdistributing.com), a premier beverage distributor serving 14 central Indiana counties in their entirety and the northern parts of two additional counties, including Indianapolis. This collaboration is yet another step in expanding American Rebel’s rapidly growing distribution network and its mission to fuel hard-working, freedom-loving Hoosiers with great American-made beer.

    “We believe in America – we believe in faith, family, and freedom. That’s what American Rebel Light stands for,” said Todd Porter, President of American Rebel Beverage. “Bringing our beer to Indiana with Zink Distributing means more Americans can raise a glass to our shared values. With their expertise, infrastructure and extensive network, we’re confident that American Rebel Light will thrive in Indiana as we continue expanding across this great nation.”

    Jim Zink, Jr., President of Zink Distributing Company, echoed that enthusiasm, stating: “Zink Distributing is proud of its portfolio of great-tasting, high-quality products, and we are thrilled to partner with American Rebel Beverage. We look forward to introducing Hoosiers to American Rebel Light, a perfect addition to our offerings in Indiana.”

    Zink Distributing has built a reputation for excellence, representing some of the most well-respected beverage brands in the industry. Their dedication to quality, strong retail partnerships, and deep understanding of the market makes them the ideal distributor to bring America’s Patriotic Beer to the heartland. Zink Distributing’s state-of-the-art 136,000 square foot facility and upgraded fleet of tractor trailers ensures availability and product freshness for its customers.

    “Adding Indiana to our list of states that distribute American Rebel Light is great for many reasons,” said American Rebel CEO Andy Ross. “#1, it’s a great motorsports state; #2, Indiana borders Ohio and Kentucky, two states we’re already enjoying tremendous success in and success in Indiana should be no different and #3, there will be numerous opportunities for promotional events in Indiana to support the Rebel Light rollout. I’m looking forward to working with Jim Zink, Jr. and the Zink Distributing team to introduce America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.”

    Rapid Top Tier Distribution Growth Continues for America’s Fastest Growing Beer

    Since its launch in September 2024, American Rebel Light Beer has been growing at a rapid pace, establishing a presence in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Mississippi, Florida and now Indiana! This latest partnership with Zink Distributing further solidifies American Rebel’s commitment to bringing high-quality, patriotic beer to the people who live and breathe the American dream.

    Rebel Light: All Natural, Crisp, Clean, Bold, “Better for me” Beer for a Balanced Lifestyle
    American Rebel Light is a proudly American-made premium domestic light lager, delivering a crisp, clean, and bold taste with a lighter feel. Created with all-natural ingredients and NO added sweeteners like corn or rice, it offers a refreshing balance of flavor with 110 calories, 3.2 carbohydrates, and 4.3% ABV per 12 oz serving. Whether it’s backyard barbecues, tailgates, or saluting our great nation, American Rebel Light is brewed for the bold, the free, and the proud.

    For more information about American Rebel Light and its new partnership with Zink Distributing, visit americanrebelbeer.com or follow us on social media (@AmericanRebelBeer).

    About American Rebel Light

    American Rebel Light isn’t just a beer – it’s a statement. A toast to freedom, a salute to hard-working Americans, and a bold declaration of our patriotic values – America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer. Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a premium domestic light lager celebrated for its exceptional quality and patriotic appeal.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers. For more information follow American Rebel Beer on all social media platforms (@americanrebelbeer).

    About Zink Distributing

    Zink Distributing, established in 2001, is the exclusive distributor of great-tasting, high-quality products in all or part of 16 counties in Indiana, including Indianapolis. These counties include Marion, Fayette, Hancock, Rush, Hendricks, Morgan, Montgomery, Vermillion, Parke, Putnam, Vigo, Clay, Sullivan, Greene and northern Johnson and Owen. The mission of the company is to exceed the expectations of its customers through excellent service and attention to detail. For more information on Zink Distributing, go to zinkdistributing.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebel.com and americanrebelbeer.com. For investor information, visit americanrebelbeer.com/investor-relations.

    American Rebel Holdings, Inc.

    info@americanrebel.com
    ir@americanrebel.com
    Media Contact:

    Matt Sheldon
    Matt@PrecisionPR.co

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our strategic planning, marketing outreach efforts, actual placement timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Bleakley Financial Group Chooses PKS Investments, a Subsidiary of Binah Capital Group, as Broker-Dealer for Hybrid Advisory Services

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a leading financial services enterprise that owns and operates a network of firms empowering independent financial advisors, announced today that Bleakley Financial Group, a registered investment advisor (RIA) with over $10 Billion in AUM, has selected PKS Investments, a subsidiary of Binah Capital, as its friendly broker-dealer to support its hybrid business model.

    This partnership provides Bleakley with the support needed to sustain and strengthen its independence while accessing the scale, infrastructure, and advisor-first resources that define Binah Capital’s hybrid-friendly platform. As part of the Binah Capital family, PKS Investments delivers the operational efficiency, compliance expertise, high-touch servicing, and flexibility that dually licensed independent RIAs require to thrive. With seamless integration across leading custodians and a robust support system, PKS empowers advisory firms like Bleakley to grow their business in a manner best-suited to their model and the needs of their diverse clientele.

    “We are thrilled to welcome Bleakley Financial Group to the Binah family of Independent RIA’s supported by PKS Investments,” said Craig Gould, CEO of Binah Capital Group. “This partnership further validates the strength of our open-architecture platform and the confidence that leading entrepreneurial firms place in Binah to deliver the right balance of support and freedom.”

    The collaboration underscores Binah Capital’s leading role as a strategic ally to RIAs, providing infrastructure, scale, and personalized support to partners without compromising their independence.

    About Binah Capital Group
    Binah Capital Group (“Binah Capital,” “Binah” or the “Company”) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace.

    For more, please visit: www.binahcap.com

    Contact:

    Binah Capital Investor Relations
    ir@binahcap.com

    Binah Capital Public Relations
    media@binahcap.com

    The MIL Network –

  • MIL-OSI: Arax Recognizes Partner Firms Named on USA Today’s List of Best Financial Advisory Firms 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today celebrates the inclusion of partner firms Ashton Thomas Private Wealth (“Ashton Thomas” or “ATPW”), U.S. Capital Wealth (“USCW”) and SRS Capital Advisors (n.k.a. “Arax Advisory Partners”) on USA Today’s list of Best Financial Advisory Firms 2025.

    Key highlights include:

    • Ashton Thomas Private Wealth was named one of the Top 10 Best Financial Advisory Firms in the United States and ranked second nationally in its assets under management (“AUM”) subcategory.
    • U.S. Capital Wealth was ranked one of the top three RIAs in Texas in its AUM subcategory.
    • SRS Capital Advisors was ranked one of the top two RIAs in Colorado.
    • Platform-wide, all Arax firms ranked in the top 20% of the 500 named on the list, selected from a pool of over 17,000 firms evaluated nationally.

    “We’re pleased to recognize the accomplishments of our partner firms over the past year as we advance our boutique strategy,” said Haig Ariyan, Chief Executive Officer of Arax Investment Partners. “We are joining forces with the best in wealth management to pursue expansive growth across our platform, and the industry is taking notice. I am very proud of our teams and look forward to continuing our work together.”

    This year’s accolades follow a period of significant growth for Arax, driven by the firm’s differentiated approach to capitalizing on opportunities within the fragmented investment advisory space. By partnering with leading independent wealth management providers and financial advisory teams, Arax delivers the resources necessary to scale business development, pursue complementary investment opportunities, and elevate the client experience. Today, Arax has established a nationwide presence, with a platform that supports more than $26 billion in AUM/A.

    USA Today awards spots on the list to the top performing registered investment advisory firms in the United States. The ranking is based on recommendations from financial advisors, clients and industry experts, and each firm’s development of assets under management (“AUM”). In partnership with Statista, recommendations were collected through an independent survey of over 30,000 individuals, and short-term (12 month) and long-term (five years) AUM development were analyzed using publicly available data. This year, USA Today and Statista included asset-based subgroupings to allow for comparison of firms of similar sizes.

    About Arax Investment Partners
    Arax Investment Partners is a rapidly growing boutique wealth management platform making strategic control investments in leading RIAs and elite advisor teams. Founded and led by CEO Haig Ariyan — a seasoned industry executive with a distinguished track record of building and scaling wealth management businesses — Arax empowers its partners to be entrepreneurial and focus on delivering exceptional client service. Firms benefit from a management team with deep M&A expertise, capital sourcing capabilities, and the backing of RedBird Capital Partners. For more information, visit www.araxpartners.com.

    About Ashton Thomas Private Wealth
    Ashton Thomas is a diversified financial services firm committed to a culture of excellence, integrity, and respect in every aspect of its business. Through its various entities listed below, Ashton Thomas serves foundations, businesses, and affluent individuals and families by providing a range of services which include fee-based financial planning and investment portfolio management, retirement plan consulting, securities brokerage, life and health insurance, and income tax preparation. The firm also strives to remain at the forefront of technological innovation and thought leadership within the financial services industry.

    Ashton Thomas Private Wealth, LLC, (“ATPW”), founded in 2010, and Ashton Thomas Advisors, LLC (“ATA”), founded in 2024, are SEC-registered investment advisers which provide fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Securities, LLC, (“ATS”) is a dually registered entity. ATS registered with FINRA as a broker-dealer in 1984 and provides securities brokerage services. ATS became an SEC-registered investment adviser in 2008 and provides fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Insurance Agency, LLC, (“ATIA”) provides life and health insurance brokerage services. ATIA also provides income tax services through its DBA, Ashton Thomas Tax Advisory. Representatives of the entities listed may only conduct business for which they are licensed, if required, and with residents of the states and jurisdictions in which they are properly registered and/or licensed.

    About U.S. Capital Wealth, LLC
    Headquartered in Houston, Texas, with a strategic Texas presence across Austin, Dallas, and Georgetown, as well as offices in New York City, Massachusetts, and Florida, U.S. Capital Wealth LLC (“USCW”) is a premier independent, full-platform Registered Investment Advisor dedicated to delivering institutional-quality financial solutions with the personalized service of a boutique firm.

    Founded in 2010, USCW was created to empower clients with access to a comprehensive wealth management experience. As a full-platform RIA, USCW offers the best of both worlds — integrating brokerage and advisory capabilities to deliver flexible solutions tailored to each client’s needs. Clients benefit from the capabilities of a large financial institution, while maintaining the personalized, high-touch approach of a boutique advisory firm.

    USCW’s team of seasoned financial professionals brings decades of institutional experience to help clients navigate complexity with clarity and confidence.

    USCW serves distinguished clientele, including high-net-worth and ultra-high-net-worth families, business owners, specialized industry professionals, institutions, and municipalities. Comprehensive offerings span investment management, risk mitigation, lending solutions, and fully integrated family office services — all tailored to each client’s unique goals. To learn more, please visit: https://uscwealth.com.

    About Arax Advisory Partners
    Formerly known as SRS Capital Advisors, Inc., Arax Advisory Partners is a privately owned, independent Registered Investment Advisor specializing in customized investment platforms and highly sophisticated wealth planning solutions for high-net-worth families and individuals, businesses, and foundations. Founded in 2004, Arax Advisory Partners’ unique integrated and comprehensive approach provides the highest possible level of client service to establish lasting partnerships with all their clients while combining comprehensive asset management with leading edge financial planning services. Arax Advisory Partners is headquartered in Denver, CO with offices in Pittsburgh, PA and Philadelphia, PA.

    About RedBird Capital Partners
    RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages $12 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals – Financial Services, Sports and Media & Entertainment. Over his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    RedBird@gagnierfc.com

    The MIL Network –

  • MIL-OSI: Households with Children Emerge as Power Users of the Gig Economy

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — While gig economy services are popular with American consumers overall, households with children have emerged as power users. This cohort reports using gig services on a weekly basis at an overall rate nearly 50% higher than households without children.

    More telling, 23% of households with children spend $500 or more per month on ridesharing, food delivery and other gig services, a rate almost five times higher than households without children—just 5% of which spend that amount each month. These findings and more are available in TransUnion’s (NYSE: TRU) 2025 Gig Economy Consumer Report.

    “Given how much families have to balance in their day-to-day, it’s no surprise that they have come to rely on the convenience of gig economy services,” said Cecilia Seiden, VP of TransUnion’s Communities and Marketplaces business. “TransUnion’s research provides some essential insights for how platforms can better engage this key segment.”

    Gig economy services used once or more per week by U.S. households
     
      Food Delivery Grocery/Retail
    Delivery    		 Ride
    Share    		 Online
    Freelancer    		 Vehicle
    Share    		 In-person
    Contractor
    With
    Children    		 61% 54% 53% 39% 38% 31%
    Without
    Children    		 40% 33% 36% 19% 21% 15%
     

    While households with children generally outpace those without children in their use of gig services, the difference was even more pronounced for emerging gig services, such as digital freelancing or in-person contract work (inclusive of home services and caregiving), where households with children were twice as likely to be weekly users.

    In-person contracting work comprises services like babysitting, dog walking and furniture assembly. Digital freelancing services include app building, web design, presentation design, etc. The amount of consumers using digital freelancing services suggests that, while some may be engaging workers to help with their small business needs, the majority may be outsourcing parts of their day jobs.

    Related, households with children were much more likely than households without children to cite the wide selection of providers (43% vs. 25%) and ease of finding the service they need (51% vs. 40%) as a reason for using these services. 

    The report also found that households with children prioritized promotions and loyalty programs when selecting a service. Gig platforms can differentiate themselves by running attractive promotions that enhance consumer satisfaction and build long-term loyalty. 

    Trust and safety

    If loyalty programs and promotions are among the best ways to attract and retain customers, breaches of trust and safety are likely the fastest ways to lose them. While 83% of respondents said they were satisfied with the trust and safety features available, more than half said they would stop using a platform if they were scammed, felt physically threatened, or had their account compromised.

    The report found nearly 4 out of 10 users are worried about encountering fraud or scams. When asked which steps platforms can take to reduce fraud and scams, 67% of users said verification of worker identity. Conducting background checks (58%) and utilizing biometrics (58%) to confirm that verified gig workers are the ones performing the services were also popular. 

    “Users understand that a certain amount of friction is necessary to keep people safe,” said Seiden. “Platforms that employ identity-based fraud protections can much more effectively strike the right balance necessary for a seamless and safe customer experience.”

    Learn more about TransUnion’s identity-based products, including TruAudience® marketing solutions and TruValidate™ fraud solutions.

    Read the full 2025 Spring Gig Economy Consumer Report.

    Research Methodology
    This online survey of 1,051 adults was conducted in February 2025 by TransUnion in partnership with third-party research provider Toluna. Participants included current and past consumers of gig economy services. All U.S. regions are represented in the study survey responses. These research results are unweighted and statistically significant at a 95% confidence level within ±3 percentage points based on calculated error margin. Please note some chart percentages may not add up to 100% due to rounding or multiple answers being accepted.

    About TransUnion (NYSE: TRU)
     TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
    TransUnion
    E-mail david.blumberg@transunion.com
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI: Ashton Thomas Private Wealth Ranked #7 on USA Today’s List of Best Financial Advisory Firms 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Ashton Thomas Private Wealth (“Ashton Thomas” or “the Company”), an Arax Investment Partners firm, is pleased to announce that it was ranked #7 out of 500 firms on USA Today’s list of Best Financial Advisory Firms 2025. In addition to making the Top 10, Ashton Thomas also ranked second nationally in its assets under management (“AUM”) subcategory.

    USA Today’s ranking of Best Financial Advisory Firms recognizes the top performing registered investment advisory companies in the United States based on recommendations from clients and peers, and an analysis of each firm’s development of AUM. Ashton Thomas has made the list every year since the ranking was launched in 2023.

    This year’s recognition caps off a period of robust growth for Ashton Thomas, which continues to develop its wealth management business supported by the Arax platform. Since joining Arax in 2023, Ashton Thomas has developed its footprint and operations across the U.S., welcoming elite advisor teams based in New York, NY, Boston, MA, Aspen, CO and San Francisco, CA, and establishing a new San Francisco office to support the firm’s growing presence in the Western market. Ashton Thomas expanded its services and offerings with the acquisition of a full-service broker-dealer to provide advisors and clients with access to cutting edge technology, additional compliance infrastructure and access to world class management.

    “We are thrilled to have been honored as one of the best of the best in the wealth management industry,” said Aaron Brodt, CEO of Ashton Thomas. “Our Top 10 ranking is a credit to the work we have done expanding our business to meet the needs of institutions, families and individuals across the country, as well as the top-tier client service provided by our advisors on a daily basis. I commend the full Ashton Thomas team for their contributions to this achievement.”

    “This recognition validates our strategy of partnering with forward-thinking advisory teams and providing the support they need to scale their practices,” added Haig Ariyan, Chief Executive Officer of Arax Investment Partners. “Access to the synergies, management expertise and growth opportunities afforded by our platform allows our Ashton Thomas advisor teams to capitalize on their established reputations and reach more clients with a wide range of services. I look forward to continuing to build on our momentum.”

    About Ashton Thomas Private Wealth
    Ashton Thomas is a diversified financial services firm committed to a culture of excellence, integrity, and respect in every aspect of its business. Through its various entities listed below, Ashton Thomas serves foundations, businesses, and affluent individuals and families by providing a range of services which include fee-based financial planning and investment portfolio management, retirement plan consulting, securities brokerage, life and health insurance, and income tax preparation. The firm also strives to remain at the forefront of technological innovation and thought leadership within the financial services industry.

    Ashton Thomas Private Wealth, LLC, (“ATPW”), founded in 2010, and Ashton Thomas Advisors, LLC (“ATA”), founded in 2024, are SEC-registered investment advisers which provide fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Securities, LLC, (“ATS”) is a dually registered entity. ATS registered with FINRA as a broker-dealer in 1984 and provides securities brokerage services. ATS became an SEC-registered investment adviser in 2008 and provides fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Insurance Agency, LLC, (“ATIA”) provides life and health insurance brokerage services. ATIA also provides income tax services through its DBA, Ashton Thomas Tax Advisory. Representatives of the entities listed may only conduct business for which they are licensed, if required, and with residents of the states and jurisdictions in which they are properly registered and/or licensed.

    About Arax Investment Partners
    Arax Investment Partners is a rapidly growing boutique wealth management platform making strategic control investments in leading RIAs and elite advisor teams. Founded and led by CEO Haig Ariyan — a seasoned industry executive with a distinguished track record of building and scaling wealth management businesses — Arax empowers its partners to be entrepreneurial and focus on delivering exceptional client service. Firms benefit from a management team with deep M&A expertise, capital sourcing capabilities, and the backing of RedBird Capital Partners. For more information, visit www.araxpartners.com.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    RedBird@gagnierfc.com

    The MIL Network –

  • MIL-OSI: Intermex Reports First-Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    Company to Host Conference Call Today at 9 a.m. ET

    MIAMI, May 07, 2025 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation’s leading global omnichannel money transfer services to Latin America and the Caribbean, today reported financial and operating results for the first quarter of 2025.

    Financial performance highlights for the first quarter of 2025:

    • Revenues of $144.3 million
    • Net income of $7.8 million
    • Diluted EPS of $0.25
    • Adjusted Diluted EPS of $0.35
    • Adjusted EBITDA of $21.6 million

    Bob Lisy, Chairman, President, and CEO of Intermex, stated “Intermex’s first quarter results reflect the strength and discipline of the Intermex business model, despite an economic and political backdrop that was difficult to anticipate. Year-over-year volume growth reflects our highly resilient consumer base and our ability to serve them effectively through our omnichannel strategy.”

    First Quarter 2025 Financial Results (all comparisons are to the First Quarter 2024)
    Year over year volumes grew at 3.7%, however total revenues for the Company were down 4.1% to $144.3 million. This was driven by a shift in retail consumer sending behavior as consumers sent fewer transactions, but in larger amounts transferred per transaction in the quarter. The reduction in service fees from lower transactions was partially offset by an increase in revenue primarily related to growth in digital channels. The Company’s user base generated 12.8 million money transfer transactions, down 5.2% from last year. The total principal amount transferred for the period was $5.6 billion, an increase of 3.7%.

    The Company reported net income of $7.8 million, a decrease of 35.5%. Diluted earnings per share were $0.25, a decrease of 28.6%. The decreases in net income and diluted earnings per share were driven primarily by the items noted above for revenues, partly offset by lower services charges from agents and banks. It is worth noting that while revenue was down from lower transactions, the higher year over year volume offset much of the interest and banking expense reductions that would otherwise typically be captured with a lower number of transactions. Lower income tax provision also positively impacted net income. Diluted earnings per share was positively impacted by the reduction in share count from the Company’s stock repurchase activity.

    Adjusted net income totaled $10.9 million, a decrease of 25.9%. Adjusted diluted earnings per share totaled $0.35, a decrease of 18.6%. Adjusted net income and adjusted diluted earnings per share were impacted by the items noted above, adjusted for certain items detailed in the reconciliation tables below following the unaudited condensed consolidated financial statements. Adjusted diluted earnings per share was positively impacted by the reduction in share count from the Company’s stock repurchases.

    Adjusted EBITDA decreased 15.0% to $21.6 million, attributable to the same items noted above, partially offset by the higher net effect of the adjusting items detailed in the reconciliation tables below following the unaudited condensed consolidated financial statements.

    Adjusted and other non-GAAP measures discussed above and elsewhere in this press release are defined below under the heading, Non-GAAP Measures.

    Other Items
    The Company ended the first quarter of 2025 with $151.8 million in cash and cash equivalents. Net Free Cash Generated for the first quarter of 2025 was $10.3 million, up from the first quarter of 2024. Year-over-year Net Free Cash Generated primarily reflects the investments in assets placed into service as a result of the Company’s move to the new U.S. headquarters facility in the first quarter of 2024, partially offset by the decrease in net income.

    The Company incurred $1.2 million in transaction costs for the first quarter, primarily legal and professional fees incurred in relation to its previously announced evaluation of strategic alternatives. In addition, the Company incurred restructuring costs of approximately $0.3 million primarily related to the Company’s foreign operations.

    The Company repurchased 367,873 shares of its common stock for $5.0 million during the first quarter of 2025 through its underlying share repurchase program and a privately-negotiated transaction.

    Guidance
    Based on our first quarter 2025 financial results and the underlying market dynamics we have observed to date, the Company is revising its previously issued full-year guidance below. Current levels of uncertainty and volatility affecting market conditions and consumer behavior, have increased the difficulty of reliably forecasting short-term results.   Moreover, as previously announced, the Company is in the process of executing on a long-term strategy of investing in its digital business offerings to increase their contribution to the Company’s revenue and to increase its profitability.   Accordingly, the Company is discontinuing issuing quarterly guidance.

    Full-year 2025:
    •Revenue of $634.9 million to $654.2 million.
    •Diluted EPS of $1.53 to $1.65.
    •Adjusted Diluted EPS of $1.86 to $2.02.
    •Adjusted EBITDA of $103.6 million to $106.8 million.

    Non-GAAP Measures
    Adjusted Net Income, Adjusted Earnings per Share, Adjusted EBITDA, Adjusted EBITDA Margin and Net Free Cash Generated, each a Non-GAAP financial measure, are the primary metrics used by management to evaluate the financial performance of our business. We present these Non-GAAP financial measures because we believe they are frequently used by analysts, investors, and other interested parties to evaluate companies in our industry. Furthermore, we believe they are helpful in highlighting trends in our operating results, because certain of such measures exclude, among other things, the effects of certain transactions that are outside the control of management, while other measures can differ significantly depending on long-term strategic decisions regarding capital structure, the jurisdictions in which we operate and capital investments.

    Adjusted Net Income is defined as Net Income adjusted to add back certain charges and expenses, such as non-cash amortization of certain intangible assets resulting from business and asset acquisition transactions, non-cash compensation costs, and other items outlined in the reconciliation table below, as these charges and expenses are not considered a part of our core business operations and are not an indicator of ongoing future Company performance.

    Adjusted Earnings per Share – Basic and Diluted is calculated by dividing Adjusted Net Income by GAAP weighted-average common shares outstanding (basic and diluted).

    Adjusted EBITDA is defined as Net Income before depreciation and amortization, interest expense, income taxes, and adjusted to add back certain charges and expenses, such as non-cash compensation costs and other items outlined in the reconciliation table below, as these charges and expenses are not considered a part of our core business operations and are not an indicator of ongoing future Company performance.

    Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by Revenues.

    Net Free Cash Generated is defined as Net Income before provision for credit losses and depreciation and amortization adjusted to add back certain non-cash charges and expenses, such as non-cash compensation costs, and reduced by cash used in investing activities and servicing of our debt obligations.

    Adjusted Net Income, Adjusted Earnings per Share, Adjusted EBITDA, Adjusted EBITDA Margin, and Net Free Cash Generated are non-GAAP financial measures and should not be considered as an alternative to operating income, net income, net income margin or earnings per share, as a measure of operating performance or cash flows, or as a measure of liquidity. Non-GAAP financial measures are not necessarily calculated the same way by different companies and should not be considered a substitute for or superior to U.S. GAAP.

    Reconciliations of Net Income, the Company’s closest GAAP measure, to Adjusted Net Income, Adjusted EBITDA, and Net Free Cash Generated, as well as a reconciliation of Earnings per Share (Basic and Diluted) to Adjusted Earnings per Share (Basic and Diluted) and Net Income Margin to Adjusted EBITDA Margin, are outlined in the tables below following the condensed consolidated financial statements. A quantitative reconciliation of projected Adjusted EBITDA and Adjusted Diluted EPS to the most comparable GAAP measure is not available without unreasonable efforts because of the inherent difficulty in forecasting and quantifying the amounts necessary under GAAP guidance for operating or other adjusted items including, without limitation, costs and expenses related to acquisitions and other transactions, share-based compensation, tax effects of certain adjustments and losses related to legal contingencies or disposal of assets. For the same reasons, we are unable to address the probable significance of the unavailable information.

    Investor and Analyst Conference Call / Presentation
    Intermex will host a conference call and webcast presentation at 9:00 a.m. Eastern Time today. Interested parties are invited to join the discussion and gain firsthand knowledge about Intermex’s financial performance and operational achievements through the following channels:

    • A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex’s website at https://investors.intermexonline.com/.
    • To participate in the live conference call via telephone, please register HERE. Upon registering, a dial-in number and unique PIN will be provided to join the conference call.
    • Following the conference call, an archived webcast of the call will be available for one year on Intermex’s website at https://investors.intermexonline.com/.

    Safe Harbor Compliance Statement for Forward-Looking Statements
    This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, which reflect our current views concerning certain events that are not historical facts but could have an effect on our future performance, including but without limitation, statements regarding our plans, objectives, financial performance, business strategies, projected results of operations, restructuring initiatives and expectations for the Company. These statements may include and be identified by words or phrases such as, without limitation, “would,” “will,” “should,” “expects,” “believes,” “anticipates,” “continues,” “could,” “may,” “might,” “plans,” “possible,” “potential,” “predicts,” “projects,” “forecasts,” “intends,” “assumes,” “estimates,” “approximately,” “shall,” “our planning assumptions,” “future outlook,” “currently,” “target,” “guidance,” and similar expressions (including the negative and plural forms of such words and phrases). These forward-looking statements are based largely on information currently available to our management and our current expectations, assumptions, plans, estimates, judgments, projections about our business and our industry, and macroeconomic conditions, and are subject to various risks, uncertainties, estimates, contingencies, and other factors, many of which are outside our control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements and could materially adversely affect our business, financial condition, results of operations, cash flows, and liquidity. Such factors include, among others: changes in immigration laws and their enforcement, including any adverse effects on the level of immigrant employment, earning potential and other commercial activities; our success in expanding customer acceptance of our digital services and infrastructure, as well as developing, introducing and marketing new digital and other products and services; new technology or competitors that disrupt the current money transfer and payment ecosystem, including the introduction of new digital platforms; loss of, or reduction in business with, key sending agents; our ability to effectively compete in the markets in which we operate; economic factors such as inflation, the level of economic activity, recession risks and labor market conditions, as well as volatility in market interest rates; international political factors, including ongoing hostilities in Ukraine and the Middle East, political instability, tariffs, including the effects of tariffs on domestic markets and industrial activity and employment, border taxes or restrictions on remittances or transfers from the outbound countries in which we operate or plan to operate; volatility in foreign exchange rates that could affect the volume of consumer remittance activity and/or affect our foreign exchange related gains and losses; consumer confidence in our brands and in consumer money transfers generally; expansion into new geographic markets or product markets; our ability to successfully execute, manage, integrate and obtain the anticipated financial benefits of key acquisitions and mergers; cybersecurity-attacks or disruptions to our information technology, computer network systems, data centers and mobile devices applications; the ability of our risk management and compliance policies, procedures and systems to mitigate risk related to transaction monitoring; consumer fraud and other risks relating to the authenticity of customers’ orders or the improper or illegal use of our services by consumers, sending agents or digital partners; our ability to maintain favorable banking and paying agent relationships necessary to conduct our business; bank failures, sustained financial illiquidity, or illiquidity at the clearing, cash management or custodial financial institutions with which we do business; changes to banking industry regulation and practice; credit risks from our agents, digital partners and the financial institutions with which we do business; our ability to recruit and retain key personnel; our ability to maintain compliance with applicable laws and regulatory requirements, including those intended to prevent use of our money remittance services for criminal activity, those related to data and cybersecurity protection, and those related to new business initiatives; enforcement actions and private litigation under regulations applicable to money remittance services; changes in tax laws in the countries in which we operate; our ability to protect intellectual property rights; our ability to satisfy our debt obligations and remain in compliance with our credit facility requirements; public health conditions, responses thereto and the economic and market effects thereof; the use of third-party vendors and service providers; weakness in U.S. or international economic conditions; and other economic, business, and/or competitive factors, risks and uncertainties, including those described in the “Risk Factors” and other sections of periodic reports and other filings that we file with the Securities and Exchange Commission. Accordingly, we caution investors and all others not to place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date such statement is made and we undertake no obligation to update any of the forward-looking statements.

    About International Money Express, Inc.
    Founded in 1994, Intermex applies proprietary technology enabling consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom and Germany to more than 60 countries. The Company provides the digital movement of money through a network of agent retailers in the United States, Canada, Spain, Italy, the United Kingdom and Germany; Company-operated stores; our mobile apps; and the Company’s websites. Transactions are fulfilled and paid through thousands of retail and bank locations around the world. Intermex is headquartered in Miami, Florida, with international offices in Puebla, Mexico, Guatemala City, Guatemala, London, England, and Madrid, Spain. For more information about Intermex, please visit www.intermexonline.com.

    Alex Sadowski
    Investor Relations Coordinator
    ir@intermexusa.com
    tel. 305-671-8000

    Condensed Consolidated Balance Sheets
             
        March 31,   December 31,
    (in thousands of dollars)     2025     2024
    ASSETS   (Unaudited)    
    Current assets:        
    Cash and cash equivalents   $ 151,764   $ 130,503
    Accounts receivable, net of allowance of $4,095 and $3,546, respectively     131,026     107,077
    Prepaid wires, net     32,577     49,205
    Prepaid expenses and other current assets     10,561     10,998
    Total current assets     325,928     297,783
             
    Property and equipment, net     52,603     50,354
    Goodwill     55,195     55,195
    Intangible assets, net     26,058     26,847
    Deferred tax asset, net     18     —
    Other assets     30,787     32,198
    Total assets   $ 490,589   $ 462,377
             
    LIABILITIES AND STOCKHOLDERS’ EQUITY        
    Current liabilities:        
    Accounts payable   $ 23,410   $ 19,520
    Wire transfers and money orders payable, net     115,081     85,044
    Accrued and other liabilities     47,977     47,434
    Total current liabilities     186,468     151,998
             
    Long-term liabilities:        
    Debt, net     147,385     156,623
    Lease liabilities, net     17,493     18,582
    Deferred tax liability, net     —     250
    Total long-term liabilities     164,878     175,455
             
    Stockholders’ equity:        
    Total stockholders’ equity     139,243     134,924
    Total liabilities and stockholders’ equity   $ 490,589   $ 462,377
             
    Condensed Consolidated Statements of Income
         
        Three Months Ended March 31,
    (in thousands of dollars, except for per share data)     2025     2024
        (Unaudited)
    Revenues:        
    Wire transfer and money order fees, net   $ 120,167   $ 126,921
    Foreign exchange gain, net     20,181     20,346
    Other income     3,962     3,145
    Total revenues     144,310     150,412
             
    Operating expenses:        
    Service charges from agents and banks     93,788     97,934
    Salaries and benefits     18,288     18,106
    Other selling, general and administrative expenses     10,989     9,953
    Provision for credit losses     2,066     1,595
    Restructuring costs     306     —
    Transaction costs     1,169     10
    Depreciation and amortization     3,629     3,228
    Total operating expenses     130,235     130,826
             
    Operating income     14,075     19,586
             
    Interest expense     2,700     2,702
             
    Income before income taxes     11,375     16,884
             
    Income tax provision     3,606     4,778
             
    Net income   $ 7,769   $ 12,106
             
    Earnings per common share:        
    Basic   $ 0.25   $ 0.36
    Diluted   $ 0.25   $ 0.35
             
    Weighted-average common shares outstanding:        
    Basic     30,587,949     33,675,441
    Diluted     30,831,633     34,188,814
    Reconciliation from Net Income to Adjusted Net Income
         
        Three Months Ended March 31,
    (in thousands of dollars, except for per share data)     2025       2024  
        (Unaudited)
             
    Net Income   $ 7,769     $ 12,106  
             
    Adjusted for:        
    Share-based compensation (a)     2,112       2,153  
    Restructuring costs (b)     306       —  
    Transaction costs (c)     1,169       10  
    Other charges and expenses (d)     327       437  
    Amortization of intangibles (e)     711       977  
    Income tax benefit related to adjustments (f)     (1,466 )     (1,012 )
    Adjusted Net Income   $ 10,928     $ 14,671  
             
    Adjusted earnings per common share:        
    Basic   $ 0.36     $ 0.44  
    Diluted   $ 0.35     $ 0.43  

    (a) Represents share-based compensation relating to equity awards granted primarily to employees and independent directors of the Company.

    (b) Represents primarily severance, write-off of assets and, legal and professional fees related to the execution of restructuring plans.

    (c) Represents primarily financial advisory, professional and legal fees related to business acquisition transactions and strategic alternatives.

    (d) Represents primarily loss on disposal of fixed assets.

    (e) Represents the amortization of certain intangible assets that resulted from business and asset acquisition transactions.

    (f) Represents the current and deferred tax impact of the taxable adjustments to Net Income using the Company’s blended federal and state tax rate for each period. Relevant tax-deductible adjustments include all adjustments to Net Income.

    Reconciliation from Basic Earnings per Share to Adjusted Basic Earnings per Share
         
        Three Months Ended March 31,
          2025       2024  
        (Unaudited)
    Basic Earnings per Share   $ 0.25     $ 0.36  
    Adjusted for:        
    Share-based compensation     0.07       0.06  
    Restructuring costs     0.01       —  
    Transaction costs     0.04       NM  
    Other charges and expenses     0.01       0.01  
    Amortization of intangibles     0.02       0.03  
    Income tax benefit related to adjustments     (0.05 )     (0.03 )
    Adjusted Basic Earnings per Share   $ 0.36     $ 0.44  

    NM—Amount is not meaningful

    The table above may contain slight summation differences due to rounding

    Reconciliation from Diluted Earnings per Share to Adjusted Diluted Earnings per Share
         
        Three Months Ended March 31,
          2025       2024  
        (Unaudited)
    Diluted Earnings per Share   $ 0.25     $ 0.35  
    Adjusted for:        
    Share-based compensation     0.07       0.06  
    Restructuring costs     0.01       —  
    Transaction costs     0.04       NM  
    Other charges and expenses     0.01       0.01  
    Amortization of intangibles     0.02       0.03  
    Income tax benefit related to adjustments     (0.05 )     (0.03 )
    Adjusted Diluted Earnings per Share   $ 0.35     $ 0.43  

    NM—Amount is not meaningful

    The table above may contain slight summation differences due to rounding

    Reconciliation from Net Income to Adjusted EBITDA
         
        Three Months Ended March 31,
    (in thousands of dollars)     2025     2024
        (Unaudited)
    Net Income   $ 7,769   $ 12,106
             
    Adjusted for:        
    Interest expense     2,700     2,702
    Income tax provision     3,606     4,778
    Depreciation and amortization     3,629     3,228
    EBITDA     17,704     22,814
    Share-based compensation (a)     2,112     2,153
    Restructuring costs (b)     306     —
    Transaction costs (c)     1,169     10
    Other charges and expenses (d)     327     437
    Adjusted EBITDA   $ 21,618   $ 25,414

    (a) Represents share-based compensation relating to equity awards granted primarily to employees and independent directors of the Company.

    (b) Represents primarily severance, write-off of assets and legal and professional fees related to the execution of restructuring plans.

    (c) Represents primarily financial advisory, professional and legal fees related to business acquisition transactions and strategic alternatives.

    (d) Represents primarily loss on disposal of fixed assets.

    Reconciliation from Net Income Margin to Adjusted EBITDA Margin
         
        Three Months Ended March 31,
        2025     2024  
        (Unaudited)
    Net Income Margin   5.4 %   8.0 %
    Adjusted for:        
    Interest expense   1.9 %   1.8 %
    Income tax provision   2.5 %   3.2 %
    Depreciation and amortization   2.5 %   2.1 %
    EBITDA Margin   12.3 %   15.2 %
    Share-based compensation   1.5 %   1.4 %
    Restructuring costs   0.2 %   — %
    Transaction costs   0.8 %   — %
    Other charges and expenses   0.2 %   0.3 %
    Adjusted EBITDA Margin   15.0 %   16.9 %

    The table above may contain slight summation differences due to rounding

    Reconciliation of Net Income to Net Free Cash Generated
         
        Three Months Ended March 31,
    (in thousands of dollars)     2025       2024  
        (Unaudited)
             
    Net income for the period   $ 7,769     $ 12,106  
             
    Depreciation and amortization     3,629       3,228  
    Share-based compensation     2,112       2,153  
    Provision for credit losses     2,066       1,595  
    Cash used in investing activities     (5,313 )     (13,480 )
    Term loan pay downs     —       (1,641 )
             
    Net Free Cash Generated during the period   $ 10,263     $ 3,961  

    The MIL Network –

  • MIL-OSI: Hecate Grid Announces Rebrand to Fullmark Energy, Marking New Era of Energy Storage Leadership

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — Hecate Grid, a leading independent power producer (IPP) focused exclusively on energy storage, today announced it has rebranded to Fullmark Energy. The rebranding coincides with the completion of several key milestones, including the company’s expanding portfolio of energy storage projects in California, collectively known as the Redwood Projects.

    This strategic rebrand reflects the company’s evolution from an organization focused primarily on project development to a fully integrated energy storage company that develops, finances, builds, owns, and operates standalone battery energy storage system (BESS) projects across the United States.

    “The transition to Fullmark Energy represents a significant milestone in our company’s journey,” said Chris McKissack, Chief Executive Officer of Fullmark Energy. “While our name is changing, our commitment remains the same: unlocking energy storage’s potential to enhance grid reliability and benefit the communities we serve. This rebrand is not simply a name change—it’s a reflection of our growth and the increasing MARK we plan to make in Americas’ burgeoning energy markets.”

    Founded in 2018 and backed by InfraRed Capital Partners, an infrastructure asset manager with $13 billion equity under management, Fullmark Energy has established itself as an industry pioneer in the rapidly evolving energy storage sector. The company currently manages 300 MWh of operating and in-construction projects, with a robust 4 GW development pipeline strategically positioned across multiple U.S. markets.

    “As Fullmark Energy, we’re building on our track record of success while focusing on what sets us apart—our operational excellence and commitment to safety and reliability,” added McKissack. “The energy storage industry faces complex challenges, from supply chain uncertainties to the operational requirements necessary to keep the lights on. Our hands-on approach of developing, owning, and operating projects allows us to overcome these challenges while delivering long-term value to our partners, communities, and investors.”

    The Fullmark Energy rebrand coincides with significant progress on the company’s Redwood Projects, a portfolio of energy storage facilities in Southern California that exemplifies the company’s strategic approach to risk management. These include:

    • Johanna Project: A fully operational 20MW/80MWh facility in Santa Ana, CA
    • Carris + Desert Project: A 20MW facility in Palm Springs, CA currently in commissioning
    • Ortega Project: A 20MW facility in Lake Elsinore, CA in the final stages of construction
    • San Jacinto Project: A 65MW facility in Banning, CA nearing completion

    The Redwood Projects showcase Fullmark Energy’s portfolio approach to project development, reducing single points of failure through geographic distribution while strengthening revenue profiles through diversified offtake agreements.

    Looking ahead, Fullmark Energy will continue to expand its operations, with planned growth in Texas and other strategic markets. The company remains committed to its partnerships with cooperatives and public power companies, offering customized energy storage solutions that address their unique needs.

    About Fullmark Energy:
    Fullmark Energy is unlocking the potential of energy storage to accelerate renewables, enhance grid reliability, and benefit communities, financial investors, stakeholders, and partners. Founded in 2018, Fullmark Energy develops, builds, owns, and operates energy storage projects across the U.S. The company’s holistic asset development and ownership model prioritizes mutually beneficial, long-term relationships with partners and stakeholders to move projects from concept to operations. Fullmark Energy is securely backed by a fund managed by InfraRed Capital Partners, an infrastructure asset manager with $13 billion equity under management. With a four-gigawatt pipeline and a mix of projects operating and under construction, we are making the promise of energy storage a reality. Learn more about Fullmark Energy’s unique approach to energy storage at www.fullmarkenergy.com.

    Media Contact:
    Nic Savo
    fullmarkenergy@teamsilverline.com
    203.456.0843

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Reports First Quarter 2025 Earnings Results, with Quarter-To-Date Fundraising Increasing 77% Year-Over-Year, Quarter-to-Date GAAP Net Income of $0.5 million, and Fee-Related Earnings and Adjusted Net Income Increasing 22% and 30%, Respectively, Year-Over-Year

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today reported its results for the first quarter 2025.

    GCM Grosvenor issued a detailed presentation of its results to the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events.

    GCM Grosvenor’s Board of Directors approved a $0.11 per share dividend payable on June 16, 2025 to shareholders on record June 6, 2025.

    Conference Call
    A conference call to discuss GCM Grosvenor’s financial results will be held today, Wednesday, May 7, 2025, at 10:00 a.m. ET. The call will be accessible via public webcast from the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events, and a replay of the live broadcast will be available on the website soon after the call’s completion.

    The call can also be accessed by dialing (888) 394-8218 (toll-free) or (646) 828-8193 and using the passcode 6031367.

    About GCM Grosvenor
    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $82 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform.

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Non-GAAP Financial Measures
    Included in the results above, we report certain financial measures that are not required by, or presented in accordance with, GAAP. Management uses these non-GAAP measures to assess the performance of our business across reporting periods and believes this information is useful to investors for the same reasons. These non-GAAP measures should not be considered a substitute for the most directly comparable GAAP measures, which we reconcile within the detailed presentation discussed above. Further, these measures have limitations as analytical tools, and when assessing our operating performance, you should not consider these measurements in isolation or as a substitute for GAAP measures including net income (loss). We may calculate or present these non-GAAP financial measures differently than other companies who report measures with the same or similar names, and as a result, the non-GAAP measures we report may not be comparable.

    Share Repurchase Plan Authorization
    GCMG’s Board of Directors previously authorized a share repurchase plan, which may be used to repurchase outstanding Class A common stock and warrants in open market transactions, in privately negotiated transactions including with employees or otherwise, as well as to retire (by cash settlement or the payment of tax withholding amounts upon net settlement) equity-based awards granted under the Company’s Amended and Restated 2020 Incentive Award Plan (or any successor equity plan thereto). The Company is not obligated under the terms of plan to repurchase any of its Class A common stock or warrants, and the size and timing of these repurchases will depend on legal requirements, price, market and economic conditions and other factors. The plan has no expiration date and the plan may be suspended or terminated by the Company at any time without prior notice. Any outstanding shares of Class A common stock and any warrants repurchased as part of this plan will be cancelled. As of March 31, 2025, the total share repurchase plan authorization is $190.0 million.

    Public Shareholders Contact
    Stacie Selinger
    sselinger@gcmlp.com
    312-506-6583

    Media Contact
    Tom Johnson and Abigail Ruck
    H/Advisors Abernathy
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global
    212-371-5999

    Source: GCM Grosvenor

    The MIL Network –

  • MIL-OSI: One Stop Systems Reports Q1 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    First quarter of 2025 consolidated gross margin increased 320 basis points year-over-year to 32.6%, on consolidated revenue of $12.3 million

    OSS segment gross margin of 45.5%, on OSS segment revenue of $5.2 million

    OSS segment experienced strong first-quarter bookings of $10.4 million

    Management continues to expect double-digit consolidated revenue growth in 2025 and consolidated EBITDA break even for the year

    ESCONDIDO, Calif., May 07, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML), autonomy and sensor processing at the edge, reported results for the three-month period ended March 31, 2025. Comparisons for the three-month periods are to the same year-ago periods unless otherwise noted.

    “Our OSS segment achieved strong bookings during the first quarter of 2025, driven by growing demand from both new and existing commercial and defense customers. This positive trend highlights increased interest in our Enterprise Class compute solutions and validates our strategic focus on building multi-year, predictable revenue streams. Higher OSS segment orders are particularly encouraging amid ongoing uncertainty in business and government spending. Momentum remains strong, as the programs we are pursuing closely align with our customers’ evolving priorities on AI, ML, autonomy and sensor processing at the Edge,” stated OSS President and CEO, Mike Knowles.

    “As expected, our consolidated gross margin improved year-over-year and from the fourth quarter of 2024, supported by a 45.5% gross margin at our OSS segment, associated with a more profitable mix of products. While near-term market conditions affected the timing of certain OSS segment orders anticipated for the first and second quarters of 2025, we remain on track to achieve our 2025 annual guidance. In addition, we expect bookings to remain strong throughout the year within our OSS segment and support profitable revenue growth in the second half of 2025 and into 2026,” concluded Mr. Knowles.

    2025 First-Quarter Financial Summary

    Consolidated revenue was $12.3 million, compared to $12.7 million in the first quarter of 2024. OSS segment revenue decreased 5.9%, as compared to the same period in 2024, primarily due to lower volume of shipments to a commercial aerospace customer, partially offset by higher volume of shipments to a defense customer. Bressner segment revenue decreased $65,637, or 0.9%, as compared to the same period in 2024.

    The following table sets forth net revenue by segment for the three months ended March 31, 2025, and March 31, 2024 (Dollars may not calculate due to rounding):

      Three Months Ended

    Entity:

    		 March 31,
    2025    		   % of Net
    Revenue    		   March 31,
    2024    		  
    % of Net
    Revenue
    		   %
    Change
    OSS $ 5,206,810       42.5 %   $ 5,533,872       43.7 %     (5.9 )%
    Bressner   7,052,277       57.5 %     7,117,914       56.3 %     (0.9 )%
    Total net revenue $ 12,259,088       100.0 %   $ 12,651,786       100.0 %     (3.1 )%
                                           

    Consolidated gross margin percentage was 32.6% for the three months ended March 31, 2025, compared to 29.4% in the prior year quarter. On a segment basis, the OSS segment had a gross margin of 45.5%, an increase of 11.3 percentage points as compared to the prior year of 34.2%. The increase in OSS segment gross margin was primarily due to higher volume of certain higher margin data storage units and componentry shipped in the quarter. The Company’s Bressner segment had a gross margin percentage of 23.1%, compared to 25.7% in the same period last year, due to product mix.

    Total operating expenses increased 19.2% to $5.9 million. This increase was predominantly attributable to higher marketing and selling costs due to an increase in personnel costs from the additions in headcount made during 2024 as well as an increase in research and development costs driven by higher engineering labor to support new product development.

    The Company reported a net loss of $2.0 million, or $(0.09) per share, as compared to a net loss of $1.3 million, or $(0.06) per share, in the prior year period.

    Adjusted EBITDA, a non-GAAP metric, was a loss of $1.1 million, compared to adjusted EBITDA loss of $500,452 in the prior year period.

    As of March 31, 2025, the Company reported cash and short-term investments of $9.1 million and total working capital of $23.1 million, compared to cash and short-term investments of $10.0 million and total working capital of $24.0 million at December 31, 2024.

    2025 Full Year Outlook

    OSS is executing a strategic plan targeting both commercial and defense markets, aiming to provide integrated solutions and establish OSS as a platform incumbent on large, multi-year programs. This approach is expected to drive long-term value by increasing predictable, recurring revenue and building a strong, multi-year backlog.

    As a result of OSS’ multi-year strategy, the Company continues to anticipate consolidated revenue of $59 to $61 million for the full year of 2025. This includes expected OSS segment revenue of approximately $30 million, representing over 20% year-over-year growth. In addition, the Company expects to be EBITDA break-even for the full year of 2025. Management expects revenue and profitability to improve at a higher rate in the second half of 2025 based on current trends and the Company’s expanding sales pipeline.

    Conference Call

    OSS will hold a conference call to discuss its results for the first quarter of 2025, followed by a question-and-answer period.

    Date: Wednesday, May 7, 2025
    Time: 10:00 a.m. ET (7:00 a.m. PT)
    Toll-free dial-in: 1-800-717-1738
    International dial-in: 1-646-307-1865
    Conference ID: 57745 (required for entry)
    Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1710966&tp_key=28a1f0fc7f

    A replay of the call will be available after 1:00 p.m. ET on May 7, 2025, through May 21, 2025.

    Toll-free replay: 1-844-512-2921
    International replay: 1-412-317-6671
    Passcode: 1157745

    About One Stop Systems

    One Stop Systems, Inc. (Nasdaq: OSS) is a leader in AI enabled solutions for the demanding ‘edge’. OSS designs and manufactures Enterprise Class compute and storage products that enable rugged AI, sensor fusion and autonomous capabilities without compromise. These hardware and software platforms bring the latest data center performance to harsh and challenging applications, whether they are on land, sea or in the air.

    OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications, including autonomous trucking and farming, as well as aircraft, drones, ships and vehicles within the defense industry.

    OSS solutions address the entire AI workflow, from high-speed data acquisition to deep learning, training and large-scale inference, and have delivered many industry firsts for industrial OEM and government customers.

    As the fastest growing segment of the multi-billion-dollar edge computing market, AI enabled solutions require—and OSS delivers—the highest level of performance in the most challenging environments without compromise.

    OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. You can also follow OSS on X, YouTube, and LinkedIn.

    Non-GAAP Financial Measures

    We believe that the use of adjusted earnings before interest, taxes, depreciation and amortization, or adjusted EBITDA, is helpful for an investor to assess the performance of the Company. The Company defines adjusted EBITDA as income (loss) before interest, taxes, depreciation, amortization, acquisition expense, impairment of long-lived assets, financing costs, government funded programs, fair value adjustments from purchase accounting, stock-based compensation expense, and expenses related to discontinued operations.

    Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles in the United States, or GAAP. Because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact a company’s non-cash operating expenses, we believe that providing a non-GAAP financial measure that excludes non-cash and non-recurring expenses allows for meaningful comparisons between our core business operating results and those of other companies, as well as providing us with an important tool for financial and operational decision making and for evaluating our own core business operating results over different periods of time.

    Our adjusted EBITDA measure may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring and unusual items. Our adjusted EBITDA is not a measurement of financial performance under GAAP, and should not be considered as an alternative to operating income or as an indication of operating performance or any other measure of performance derived in accordance with GAAP. We do not consider adjusted EBITDA to be a substitute for, or superior to, the information provided by GAAP financial results.

      For the Three Months Ended March 31,
        2025       2024  
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Depreciation   223,847       289,547  
    Amortization of right-of-use assets net of change in lease liability   (2,032 )     55,997  
    Stock-based compensation expense   612,561       408,740  
    Interest expense   14,186       35,342  
    Interest income   (72,511 )     (141,725 )
    Provision for income taxes   109,466       191,269  
    Adjusted EBITDA $ (1,132,116 )   $ (500,452 )
           

    (Dollars may not calculate due to rounding)

    Adjusted EPS excludes the impact of certain items and, therefore, has not been calculated in accordance with GAAP. We believe that exclusion of certain selected items assists in providing a more complete understanding of our underlying results and trends and allows for comparability with our peer company index and industry. We use this measure along with the corresponding GAAP financial measures to manage our business and to evaluate our performance compared to prior periods and the marketplace. The Company defines non-GAAP income (loss) as income or (loss) before amortization, government funded programs, impairment of long lived assets, stock-based compensation, expenses related to discontinued operations, and acquisition costs. Adjusted EPS expresses adjusted income (loss) on a per share basis using weighted average diluted shares outstanding.

    Adjusted EPS is a non-GAAP financial measure and should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP. These non-GAAP financial measures may not be computed in the same manner as similarly titled measures used by other companies. We expect to continue to incur expenses similar to the adjusted income from continuing operations and adjusted EPS financial adjustments described above, and investors should not infer from our presentation of these non-GAAP financial measures that these costs are unusual, infrequent or non-recurring.

    The following table reconciles non-GAAP net income and basic and diluted earnings per share:

      For the Three Months Ended March 31,
        2025       2024  
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Stock-based compensation expense   612,561       408,740  
    Non-GAAP net loss $ (1,405,073 )   $ (930,882 )
    Non-GAAP net loss per share:      
    Basic $ (0.07 )   $ (0.04 )
    Diluted $ (0.07 )   $ (0.04 )
    Weighted average common shares outstanding:      
    Basic   21,384,599       20,709,234  
    Diluted   21,384,599       20,709,234  
     

    (Dollars may not calculate due to rounding)

    Forward-Looking Statements

    OSS cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. . Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include but are not limited to those relating to increased sales and revenues, non-GAAP financial measures, our multi-year strategy, increase in margins, and operating expenses. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by OSS or its partners that any of our plans or expectations will be achieved. Factors that could interfere with our ability to achieve our plans or expectations , include but are not limited to, our ability to expand our product offerings and further penetrate our target markets, future demand for AI/ML integrations, global socio-economic challenges, stock market uncertainty or volatility, reductions in business and/or government spending, and changes in our business strategies, management and/or senior leadership. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Media Contacts:
    Robert Kalebaugh
    One Stop Systems, Inc.
    Tel (858) 518-6154
    Email contact

    Investor Relations:
    Andrew Berger
    Managing Director
    SM Berger & Company, Inc.
    Tel (216) 464-6400
    Email contact

    ONE STOP SYSTEMS, INC. (OSS)
    CONSOLIDATED BALANCE SHEETS
     
      Unaudited   Audited
      March 31,   December 31,
        2025       2024  
    ASSETS      
    Current assets      
    Cash and cash equivalents $ 6,498,468     $ 6,794,093  
    Short-term investments   2,620,169       3,217,065  
    Accounts receivable, net   7,245,983       8,177,371  
    Inventories, net   15,099,479       13,176,156  
    Prepaid expenses and other current assets   1,178,620       836,364  
    Total current assets   32,642,719       32,201,048  
    Property and equipment, net   1,472,160       1,669,026  
    Operating lease right-of use assets   1,463,099       1,536,094  
    Deposits and other   38,093       38,093  
    Goodwill   1,489,722       1,489,722  
    Total Assets $ 37,105,793     $ 36,933,982  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY      
    Current liabilities      
    Accounts payable $ 4,475,684     $ 2,068,017  
    Accrued expenses and other liabilities   3,730,499       4,806,675  
    Current portion of operating lease obligation   272,865       285,937  
    Current portion of notes payable   1,079,484       1,035,050  
    Total current liabilities   9,558,532       8,195,679  
    Deferred tax liability, net   45,572       52,574  
    Operating lease obligation, net of current portion   1,451,728       1,513,684  
    Total liabilities   11,055,832       9,761,937  
    Commitments and contingencies      
    Stockholders’ equity      
    Common stock, $0.0001 par value; 50,000,000 shares authorized; 21,582,196 and 21,148,810 shares issued and outstanding   2,158       2,115  
    Additional paid-in capital   49,824,911       49,082,737  
    Accumulated other comprehensive income   293,587       140,254  
    Accumulated deficit   (24,070,695 )     (22,053,061 )
    Total stockholders’ equity   26,049,961       27,172,045  
    Total Liabilities and Stockholders’ Equity $ 37,105,793     $ 36,933,982  
           
    ONE STOP SYSTEMS, INC. (OSS)
    UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Dollars may not calculate due to rounding)
     
      For the Three Months Ended March 31,
        2025       2024  
    Revenue:      
    Product $ 11,848,713     $ 12,287,046  
    Customer funded development   410,375       364,740  
        12,259,088       12,651,786  
    Cost of revenue:      
    Product   7,912,314       8,818,756  
    Customer funded development   349,782       109,737  
        8,262,096       8,928,493  
    Gross profit   3,996,992       3,723,293  
    Operating expenses:      
    General and administrative   2,366,369       2,094,317  
    Marketing and selling   2,218,190       1,920,113  
    Research and development   1,357,293       970,877  
    Total operating expenses   5,941,852       4,985,307  
    Loss from operations   (1,944,860 )     (1,262,014 )
    Other (expense) income, net:      
    Interest income   72,511       141,725  
    Interest expense   (14,186 )     (35,342 )
    Other (expense) income, net   (21,633 )     7,278  
    Total other income, net   36,692       113,661  
    Loss before income taxes   (1,908,168 )     (1,148,353 )
    Provision for income taxes   109,466       191,269  
    Net loss $ (2,017,634 )   $ (1,339,622 )
           
    Net loss per share:      
    Basic $ (0.09 )   $ (0.06 )
    Diluted $ (0.09 )   $ (0.06 )
           
    Weighted average common shares outstanding:      
    Basic   21,384,599       20,709,234  
    Diluted   21,384,599       20,709,234  
           
    ONE STOP SYSTEMS, INC. (OSS)
    UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
     
      For the Three Months Ended March 31,
        2025       2024  
    Cash flows from operating activities:      
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
    Deferred income taxes   1,737       (188,674 )
    Loss on disposal of property and equipment   –       354  
    Provision for bad debt   (100 )     –  
    Warranty reserves   –       (15,000 )
    Depreciation   223,847       289,547  
    Amortization of right-of-use assets   76,825       100,138  
    Inventory reserves   (146,200 )     94,063  
    Stock-based compensation expense   612,561       408,740  
    Changes in operating assets and liabilities:      
    Accounts receivable   1,068,100       842,057  
    Inventories   (1,418,185 )     (66,013 )
    Prepaid expenses and other current assets   (332,400 )     (224,116 )
    Accounts payable   2,336,310       1,486,003  
    Accrued expenses and other liabilities   (1,461,601 )     700,041  
    Operating lease liabilities   (78,857 )     (44,141 )
    Net cash (used in) provided by operating activities   (1,135,596 )     2,043,378  
           
    Cash flows from investing activities:      
    Redemption of short-term investment grade securities   597,288       1,811,364  
    Purchases of property and equipment, including capitalization of labor costs for test equipment and ERP   (12,793 )     (167,168 )
    Net cash provided by investing activities   584,495       1,644,196  
           
    Cash flows from financing activities:      
    Proceeds from exercise of stock options and warrants   373,310       127,350  
    Payment of payroll taxes on net issuance of employee stock options   (243,654 )     (246,376 )
    Repayments on notes payable   –       (680,948 )
    Net cash provided by (used in) financing activities   129,656       (799,974 )
           
    Net change in cash and cash equivalents   (421,445 )     2,887,600  
    Effect of exchange rates on cash   125,820       (32,446 )
    Cash and cash equivalents, beginning of period   6,794,093       4,048,948  
    Cash and cash equivalents, end of period $ 6,498,468     $ 6,904,102  

    The MIL Network –

  • MIL-OSI: Genesis Model Context Protocol Server Enables AI-Driven Automation and Innovation in Financial Markets

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Genesis Global launched a Model Context Protocol (MCP) Server to govern how AI agents interface with software built with the Genesis Application Platform.

    MCP is an open protocol that standardizes how software applications provide context to LLMs. Excitement for MCP is growing in the financial sector as firms see its potential to amplify the utility and value of their software investments.

    “It’s widely accepted that AI is set to transform the financial industry. But to unlock its full potential, firms need more than just smart models – they need smart software infrastructure,” said Stephen Murphy, CEO and co-founder of Genesis Global. “Enabling AI agents to safely interface with applications is a powerful opportunity for innovation through intelligent integrations and helps users get more horsepower from existing technologies. Our MCP Server is the latest example of AI becoming fundamental to our platform.”

    The Genesis MCP Server is a controlled gateway that makes Genesis applications discoverable to a firm’s AI tools and enables selective AI-driven actions within the application.

    By design, the Genesis Application Platform provides guardrails to make AI a predictable and compliant actor within the platform and, by extension, clients’ technology ecosystems. Application owners have complete control over the Genesis MCP Server and can specify which application functions AI agents can access. In addition, all interactions via the Genesis MCP Server can be subject to the same permissions and entitlements model as the underlying application. It also supports human-in-the-loop capabilities for people to approve AI actions.

    “Just as REST enabled APIs to transform how software was deployed, MCP can help financial firms unlock new levels of innovation, connectivity and efficiency,” said Tej Sidhu, Chief Technology Officer at Genesis Global. “Our MCP Server gives users maximum control over how AI can interact with a Genesis application, enabling our clients to experiment and innovate without compromising the governance of their technology.”

    The MCP Server empowers Genesis application users to be more innovative and productive by allowing them to:

    • Create complex business outcomes by combining operations from Genesis and other MCP-enabled applications
    • Extract Genesis application data and use LLMs to perform actions on it (e.g., summarize, aggregate, format, transform, etc.)
    • Interact with an application from a conversational interface

    The MCP Server is part of the high-performance runtime delivered by the Genesis Application Platform. It is an optional integration for all Genesis applications running on versions 8.11+ of Genesis.

    Genesis applications do not need reconfiguration to operate with an MCP Server.

    A short Genesis video shows the interplay between an AI agent, MCP Server and the connected application.

    About Genesis Global
    Genesis Global enables financial markets organizations to innovate at speed through its software application development platform and deep expertise in capital markets and financial services.

    The Genesis platform is designed with flexibility and performance at its core, providing developers with the frameworks, integrations and components required to automate manual workflows, enhance legacy systems and build entirely new applications. Featuring a resilient, real-time service-oriented architecture, Genesis excels across the performance envelope of low-latency, high-throughput and high-scalability, powering mission-critical applications at the world’s leading financial institutions.​

    Strategically backed by Bank of America, BNY Mellon and Citi, Genesis Global has offices in London, New York, Miami, Charlotte, São Paulo, Dublin and Bengaluru.

    Media contact:
    Alex Paidas, Corporate Communications, Genesis Global
    alex.paidas@genesis.global    +1 646 246 4889

    The MIL Network –

  • MIL-OSI: Asset Entities to Merge with Strive Asset Management to Form the First Publicly Traded Asset Management Bitcoin Treasury Company

    Source: GlobeNewswire (MIL-OSI)

    The combined company will focus over time on maximizing Bitcoin exposure per share and seek to outperform Bitcoin over the long run and maximize value for common equity shareholders.

    More information provided about Strive Asset Management’s business at Strive.com.

    Strive CEO Matt Cole to present transaction and company strategy at Strategy World conference today at 2:15 pm ET (livestream).

    DALLAS, May 07, 2025 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services, today announced that it has entered into a definitive merger agreement with Strive Asset Management.

    The combined company will operate under the Strive brand, remain listed on NASDAQ, and become a public Bitcoin Treasury Company.

    Strive Asset Management intends to use all available mechanisms to build a Bitcoin war chest in a minimally dilutive manner to common shareholders and build a long-term investment approach designed to outperform Bitcoin, by using Bitcoin itself as the hurdle rate for capital deployment.

    Strive Asset Management will leverage its institutional investment expertise to implement proprietary strategies to fuel Bitcoin accumulation in accretive ways. Such strategies include the planned first-of-its-kind offer of combined company equity in exchange for Bitcoin in a manner that is intended to be tax-free to investors under Section 351 of the U.S. tax code; acquiring cash at a discount through mergers with overcapitalized companies; and unlocking additional leverage to accumulate Bitcoin, while hedging risk in novel ways using in-house fixed income and derivatives expertise.

    The reverse merger structure is expected to give the company immediate access to an effective shelf registration statement to raise primary capital from and after the closing of the transaction, which the company plans to expand to $1 billion following the closing in order to accumulate Bitcoin through both equity and debt offerings, to be used when accretive to common equity. The ability to raise capital under the effective shelf registration statement is a competitive advantage versus other newly formed Bitcoin treasury companies.

    The combined company plans to accumulate Bitcoin with a first-of-its-kind offering, allowing Bitcoin holders to contribute Bitcoin in exchange for public stock through a structure that is intended to be a tax-free Section 351 exchange — a provision of the U.S. tax code that enables appreciated assets to be contributed tax-free to a corporation in exchange for stock (subject to conditions and personal tax circumstances).

    Subject to market conditions and final structuring, it is currently expected that there will be no markup to the deal transaction price for participants in this exchange. This offer is expected to be open only to certain accredited investors prior to closing of the transaction.

    Matt Cole will lead the company as CEO and Chairman of the Board. With extensive institutional experience as a former $70 billion fixed income portfolio manager specializing in complex structured securities, Matt’s background enables SAM to innovate strategically, employing novel, accretive Bitcoin accumulation methods designed to enhance shareholder value previously unseen in Bitcoin treasury corporations.

    The SAM management team also includes Ben Pham as CFO, Arshia Sarkhani, the current CEO of Asset Entities, as CMO, and Logan Beirne as CLO. Each of these leaders will serve on SAM’s board of directors. Strive Asset Management also plans to add respected Bitcoin leaders Ben Werkman, Jeff Walton, and Avik Roy as independent board directors.

    “We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of corporate Bitcoin treasury strategies,” said Arshia Sarkhani, President and CEO of Asset Entities. “Our strength in building and activating online communities across Discord and other platforms uniquely positions us to drive education, engagement, and adoption of Bitcoin-centric financial models. This merger empowers us to amplify Strive’s bold mission while delivering transformative value to shareholders.”

    Strive Asset Management built its strong brand on advocacy for capitalism, meritocracy, and innovation which reshaped corporate America. The company will always unapologetically stand for these foundational principles in its pursuit to maximize value for shareholders. Since its founding in 2022, the company has quickly amassed ~$2B assets under management, as it led efforts to roll back ESG mandates in boardrooms across America.

    Now, Strive Asset Management is applying that same winning playbook to lead a new transformation: corporate adoption of Bitcoin treasuries. SAM plans to advocate for all of the publicly traded companies in its funds to incorporate a Bitcoin treasury strategy in order to maximize long run shareholder value.

    • The combination of Strive Asset Management and Asset Entities is a strategic step to advance the foregoing strategy.

    Strive Enterprises, Inc., co-founded by Vivek Ramaswamy, will remain a privately held company and continue to expand its wealth management business. Before factoring in the contemplated Bitcoin-for-stock exchange and any additional financing, Strive Enterprises will own approximately 94.2 % of the public company and the legacy shareholders of Asset Entities will own the remaining 5.8%. Financings will proportionally dilute both Strive Enterprises and shareholders of Asset Entities.

    Davis Polk & Wardwell LLP is serving as legal counsel to SAM in connection with the transaction and Bevilacqua PLLC served as legal counsel to Asset Entities in connection with the transaction.

    To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.

    About Asset Entities, Inc. 

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    About Strive Enterprises

    Co-founded in 2022 by Vivek Ramaswamy, Strive Enterprises, Inc. is a financial services firm with a mission to maximize value for clients through unapologetic capitalism.

    Strive Asset Management, the asset management subsidiary, has quickly grown to manage ~$2 billion in assets, competing with the world’s largest financial institutions. Strive Enterprises, Inc. recently launched a wealth management division that will remain private. Learn more at strive.com.

    Company Contacts:

    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

    Investor Contact:

    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements herein and the documents incorporated herein by reference may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Strive Enterprises, Inc. (“Strive Enterprises”) and ASST, respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive Enterprises, ASST or their respective management about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions include, among others, the following:

    • the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement between Strive Enterprises, ASST and the other parties thereto;
    • the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not received or satisfied on a timely basis or at all;
    • the outcome of any legal proceedings that may be instituted against Strive Enterprises or ASST or the combined company;
    • the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Strive Enterprises or ASST operate;
    • the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected;
    • the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events;
    • the diversion of management’s attention from ongoing business operations and opportunities;
    • potential adverse reactions of Strive Enterprises’ or ASST’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction;
    • changes in ASST’s share price before closing;
    • other factors that may affect future results of Strive Enterprises, ASST or the combined company.

    These factors are not necessarily all of the factors that could cause Strive Enterprises’, ASST’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive Enterprises’, ASST’s or the combined company’s results.

    Although each of Strive Enterprises and ASST believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive Enterprises or ASST will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in ASST’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and other documents subsequently filed by ASST with the Securities Exchange Commission (the “SEC”). The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive Enterprises, ASST or their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they are made and Strive Enterprises and ASST undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

    Additional Information and Where to Find It

    In connection with the proposed transaction, ASST intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) to register the common stock to be issued by ASST in connection with the proposed transaction and that will include a proxy statement of ASST and a prospectus of ASST (the “Proxy Statement/Prospectus”), and each of Strive Enterprises and ASST may file with the SEC other relevant documents concerning the proposed transaction. A definitive Proxy Statement/Prospectus will be sent to the stockholders of ASST to seek their approval of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF ASST ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STRIVE ENTERPRISES, ASST AND THE PROPOSED TRANSACTION AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other filings containing information about Strive Enterprises and ASST, may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, when they are filed, free of charge, from ASST by accessing ASST’s website at https://www.assetentities.com/. Copies of the Registration Statement, the Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to ASST’s Investor Relations department at 100 Crescent Court, 7th floor, Dallas, TX 75201 or by calling (214) 459-3117 or emailing web@assetentities.com. The information on Strive Enterprises’ or ASST’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

    Participants in the Solicitation

    Strive Enterprises, ASST and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of ASST in connection with the proposed transaction. Information about the interests of the directors and executive officers of Strive Enterprises and ASST and other persons who may be deemed to be participants in the solicitation of stockholders of ASST in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Information about the directors and executive officers of ASST, their ownership of ASST common stock, and ASST’s transactions with related persons is set forth in the section entitled “Board of Directors and Corporate Governance,” “Executive Officers of the Company,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation,” and “Certain Relationships and Related Transactions” included in ASST’s definitive proxy statement in connection with its 2024 Annual Meeting of Stockholders, as filed with the SEC on August 22, 2024.

    No Offer or Solicitation

    This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    The MIL Network –

  • MIL-OSI USA: Lofgren, Matsui, Merkley Reintroduce Legislation to Give Individuals an Opportunity to Invest in Building America’s Clean-Energy Future

    Source: United States House of Representatives – Representative Zoe Lofgren (D-San Jose)

    Modeled after WWII victory bonds, Clean Energy Victory Bonds would spur investment in clean-energy projects, create jobs, & help U.S. fight the climate crisis

    WASHINGTON, DC – Today, Representatives Zoe Lofgren (CA-18) and Doris Matsui (CA-07) and U.S. Senator Jeff Merkley (D-OR) reintroduced the Clean Energy Victory Bond Act, bicameral legislation to give individuals the opportunity to buy Clean Energy Victory Bonds and help build America’s clean-energy future. Modeled after the highly successful victory bonds sold during World Wars I and II, which raised billions of dollars to finance the costs of war, Clean Energy Victory Bonds would help the country create jobs and save taxpayers money while investing in clean-energy infrastructure and fighting the climate crisis, protecting future generations.

    The bill would direct the U.S. Secretaries of Treasury, Energy, and Defense to develop and issue $50 billion in Clean Energy Victory Bonds that support energy efficiency, solar, wind, geothermal, and electric vehicle efforts. For as little as $50, all Americans would be able to voluntarily purchase these Treasury bonds to invest in clean energy.

    The sale of the $50 billion worth of bonds annually could be leveraged to inject $150 billion into clean-energy innovation and create more than one million jobs.

    “As climate-related emergencies become more and more common, I often hear from people who want to do their part in the fight against climate change, but don’t know how. The Clean Energy Victory Bond Act provides Americans with an opportunity to invest, within their means, in innovative technologies that will yield profits both for themselves and the world,” said Congresswoman Lofgren, Ranking Member of the House Committee on Science, Space, and Technology. “This is my seventh time reintroducing this bill. I feel strongly that, as momentum continues to build in California and around the country to be good stewards of our environment, we must employ proven economic growth-based tactics to tackle climate change. We all benefit when we invest in the future.”

    “Now, more than ever, we need collective action to fight climate change and support smart climate solutions,” said Congresswoman Matsui. “This legislation gives everyday Americans the opportunity to invest in the clean energy transition and help grow the American economy. This investment will flow back into our communities, creating good-paying jobs, lowering energy costs, and helping to make communities across the country more resilient to climate change, while also providing a strong return on investment and helping American families to safely and reliably grow their savings with government-backed bonds.”

    “Clean energy is America’s future, no matter how hard President Trump and his handpicked Fossil Fuel Cabinet try to sabotage its deployment,” said Senator Merkley. “As the Trump Administration slashes federal funds for renewable energy projects nationwide – including right here in Oregon – I’m fighting to advance solutions that will help end our dangerous dependence on fossil fuels and instead invest in public health and our environment. This bill expands access to affordable clean energy for families across America, delivering bold action to tackle climate chaos and creating jobs in the 21st-century economy.”

    Background

    The Clean Energy Victory Bonds would raise extra funds for investment in clean-energy and energy-efficiency deployment, including by:

    • Providing additional support to existing federal financing programs available to states for energy efficiency upgrades and clean energy deployment;
    • Providing funding for clean energy investments by all federal agencies;
    • Providing funding for electric grid enhancements and connections that enable clean energy deployment;
    • Providing funding to renovate existing inefficient buildings or building new energy efficient buildings;
    • Providing tax incentives and tax credits for clean energy technologies;
    • Providing funding for new innovation research, including ARPA-E, public competitions similar to those designed by the X Prize Foundation, grants provided through the Office of Energy Efficiency and Renewable Energy of the Department of Energy, or other mechanisms to fund revolutionary clean energy technology;
    • Providing additional funding for zero-emission vehicle infrastructure and manufacturing;
    • Providing additional funding to existing federal, State, and local grant programs that finance clean energy projects; and
    • Providing prioritized funding for clean energy projects that are located in and reduce energy rates in disadvantaged and vulnerable communities.  

    The Clean Energy Victory Bonds would:

    • be available to the public in denominations as low as $50;
    • accrue interest based on savings achieved through reduced-energy spending by the federal government and interest collected on loans provided from proceeds of the bonds; and
    • be capped at $50 billion each year.
    Click here for full text of the Clean Energy Victory Bond Act.

    In Connecticut, “Green Liberty Bonds” have been issued, and batches have sold out because the demand is so great. 

    Support from Sustainability & Business Groups

    The bill is supported by numerous organizations, includingGreen America, Communitas Financial Planning PBC, Transformative Wealth Management, Natural Investments, American Sustainable Business Council, Impact Investors, School Sisters of Notre Dame Collective Investment Fund, Figure 8 Investment Strategies, Greenvest/Vanderbilt Financial Group, Change the Chamber, Harkins Wealth Management, SharePower Responsible Investing, Your Best Path, LLC, and Chicory Wealth.

    “Americans from around the country support clean energy that will create jobs while addressing the climate crisis. In World War II, Victory Bonds offered Americans a way to support the war effort. Now, Clean Energy Victory Bonds will offer all Americans a safe investment, open to anyone, to support the rapid adoption of the solar, wind, and battery storage technologies that will benefit communities, workers, and the planet,” said Todd Larsen, Executive Co-Director For Consumer and Corporate Engagement, Green America.

    “Clean Energy Victory Bonds will provide a much-needed economic boost to our businesses and economy. This bill provides a reliable and highly-accessible financing mechanism that allows all Americans to provide the needed dollars for building a vibrant economy.” In an environment of reduced Federal Government spending this enables everyone to invest and work hand in hand with the private sector,” said David Levine, Co-founder and President, American Sustainable Business Council.

    “Taking a step forward to adjust our energy industry to meet the needs of the changing country, the Clean Energy Victory Bonds Act uses historical precedence to advance the U.S. toward a cleaner, brighter future for youth like us. While the transition to a clean energy economy may seem ambitious at times, this Act will allow everyday Americans to create an economy that works for all of us. It provides Americans the opportunity to help incentivize cleaner infrastructure and energy, paving the way for future steps to better our nation’s energy and climate,” said Evey Mengelkoch, Erika Pietrzak, and Sarah Hill, Climate Fellows of Change the Chamber

    ###

    MIL OSI USA News –

  • MIL-OSI Submissions: Business – Sustainability start-ups Krosslinker and Ayrton Energy secure S$1 million each in catalytic funding at The Liveability Challenge 2025 Grand Finale

    Source: Eco-Business

    The 2025 Grand Finale witnessed another record-breaking year, attracting more than 1,200 submissions from over 100 countries competing for the top prize in two tracks: Decarbonisation and Cool Earth.

    Passive cooling using advanced aerogel technology and safe, cost-effective storage and transport to accelerate adoption of hydrogen as a clean fuel were the top winners at the Grand Finale.
    The Liveability Challenge, was presented by Temasek Foundation and organised by Eco-Business. 

    Singapore, 7 May 2025: Krosslinker and Ayrton Energy have emerged as the top winners at The Liveability Challenge (TLC) 2025 Grand Finale for their innovative solutions to drive decarbonisation and tackle climate challenges.

    The two groundbreaking projects were the standouts among eight finalists, each securing a S$1 million grant in catalytic funding to help advance and scale their solutions sustainably.

    The winner of the Cool Earth track was Singapore-based deep-tech start-up Krosslinker, which develops passive cooling technologies in the form of aerogel materials capable of reducing surface temperatures by up to 10 degrees Celsius and ambient temperatures by up to 5 degrees Celsius.

    The winner of the Decarbonisation track was Canada-based Ayrton Energy, which develops technology for safe and cost-effective hydrogen storage and transport, and addresses infrastructure challenges that currently hinder the widespread adoption of hydrogen energy.

    The two winners were selected after a competitive and rigorous judging session, where all eight finalists pitched their innovative solutions live to a judging panel at the Grand Finale, held at ParkRoyal Collection Marina Bay as part of Ecosperity Week.

    These pioneering climate solutions are integral in advancing progress towards the climate targets set under the Paris Agreement in 2015 – an urgent imperative as global temperatures reach dangerously new highs each year.  

    With rising heat, extreme weather events and ecological deterioration afflicting society and natural ecosystems, solutions must be mobilised to address these climate impacts while contributing to the global targets of reducing emissions by 43 per cent by 2030 and achieving net zero by 2050.

    This will require coordinated efforts across society, enabling regulatory frameworks and strategic investments to enable the large-scale deployment of innovative climate technologies.

    Presented by Temasek Foundation and organised by Eco-Business, TLC was launched in 2018 as a platform to search for the most disruptive and innovative solutions that solve the pressing sustainability challenges of today.

    Today, TLC is Asia’s largest sustainability solutions platform and since its first edition, has attracted thousands of applications globally, shortlisted and incubated 53 finalists, and deployed more than S$12 million in funding to help these startups, who have gone on to raise hundreds of millions more.  

    In its eighth edition, TLC searched for solutions across two tracks: Decarbonisation and Cool Earth. The Decarbonisation track seeks disruptive deep-tech solutions that provide scalable and impactful solutions to reduce carbon emissions across diverse industries. The Cool Earth track seeks groundbreaking innovations that specifically address the challenges posed by climate-induced extreme weather conditions.

    The eight shortlisted finalist teams – Ayrton Energy, CatAmmon, Cetogenix, CO2Tech, D-CRBN, Eztia Corp, Krosslinker and SXD, Inc – represent various countries including Singapore, Australia, Belgium and the United States.

    TLC’s strategic partners this year are Enterprise Singapore, OCTAVE Well-being Economy Fund, TRIREC and Valuence Ventures. Amazon Web Services was the Tech for Good partner for the event.

    “We are very happy and excited [to have secured this award], but this is just the beginning. We have a very big job to do to make sure that we develop solutions that equitably reach everybody and not just the tech-savvy community. Many thanks to Temasek Foundation for all the inspiring work that you have been doing, and to all our investors who have specially flown in for this event. To all the fellow finalists who keep inspiring us – it’s such amazing work to solve some of the most difficult challenges in this world and committing to a cause rather than building easy solutions,” said Dr Gayathri Natarajan, Co-founder and CEO of Krosslinker Private Limited.  

    “We’re really excited to be able to have this funding support and cement our position in Singapore and Southeast Asia. I’m very grateful to Temasek Foundation for believing in the tech that we’re building, and in our ability to decarbonise these hard-to-abate sectors. I wouldn’t be here if it weren’t for my fantastic team of nerds, as I like to call them back home, as well as the support that we have from our investors both locally and internationally,” said Dr Brandy Kinkead, Chief Technology Officer of Ayrton Energy Inc.

    “At Temasek Foundation, we believe in the urgency of supporting bold and deep-tech innovative solutions that can drive real progress in decarbonising our planet, and keeping our environment cool even with rising temperatures. Our catalytic funding reflects this important commitment – helping innovators move from promising innovations to operational prototypes with potential to scale. Beyond The Liveability Challenge, Temasek Foundation is growing our network of climate tech challenges across the region into China, Indonesia and Vietnam. By doing so, we aim to accelerate innovators’ paths to commercialisation and deliver real impact for both the people and the planet. Our heartiest congratulations to Krosslinker Private Limited and Ayrton Energy Inc on this exciting milestone,” said Heng Li Lang, Head of Climate and Liveability at Temasek Foundation.  

    “TLC has become a fixture in the global sustainability innovation ecosystem, providing a vital catalytic platform for promising start-ups with cutting-edge climate tech solutions from all over the world. By driving innovation, entrepreneurship, ecosystem collaboration and access to finance, it helps groundbreaking ideas move beyond the prototype stage to deliver real-world impact. In a world dangerously close to irreversible planetary thresholds, accelerating these solutions is no longer optional – it is critical,” said Jessica Cheam, Founder and CEO of Eco-Business.

    In addition to the two S$1 million in grants (S$1 million for each winner), a total of S$400,000 in investment and grant opportunities were awarded to the finalists by TLC’s strategic partners [see Appendix A].  

    The Grand Finale also hosted an Innovation Dialogue where speakers Mark Gainsborough, Chairman, Seatrium; Magdalene Loh, Director, Urban Systems and Solutions, Enterprise Singapore; and Dr Dazril Phua, Chief Operating Officer, Nandina REM, identified the solutions needed to advance climate tech solutions and innovation in Singapore and globally – including ecosystem building, policy and financial support and public private partnerships.

    Experts said that clear market signals and policy coherence were key to enabling climate technologies to scale. “Technology risk is (usually) the least of the problem. But is the market going to develop the way as expected and is there a supportive policy framework and regulation? Unfortunately, there are too many cases in the climate tech space where the market hasn’t developed as we expected because of an ever-changing policy and regulation landscape,” Mark Gainsborough, Chairman of Singapore-listed marine engineering company Seatrium, shared during the Innovation Dialogue.  

    Magdalene Loh, Director, Urban Systems and Solutions, Enterprise Singapore, noted that in addition to scaleability and exportability, climate tech solutions must be effectively priced to attract customers, and designed for easy integration into existing systems or processes.

    “Today, many of the climate tech solutions that we’re seeing do need to interact with existing infrastructure – existing systems that clients would already be used to. How would these tech solutions integrate? Many times, you need the buy-in internally within the organisation, not just with the innovation team. There are different facets of the clients to [consider] to secure buy-in as well,” Loh said.  

    For more information, visit The Liveability Challenge website at  www.theliveabilitychallenge.org.  

    About Temasek Foundation 

    Temasek Foundation supports a diverse range of programmes that uplift lives and communities in Singapore and beyond. Temasek Foundation’s programmes are made possible through philanthropic endowments gifted by Temasek, as well as gifts and contributions from other donors. These programmes strive towards achieving positive outcomes for individuals and communities now and for generations to come. Collectively, Temasek Foundation’s programmes strengthen social resilience, foster international exchange and regional capabilities, advance science and protect the planet. 

    For more information, visit www.temasekfoundation.org.sg 

    About Eco-Business 

    Established in 2009, Eco-Business is Asia Pacific’s leading media organisation on sustainable development. Its independent journalism unit publishes high quality, trusted news and views that advance dialogue and enables measurable impact on a wide range of sustainable development and responsible business issues. Eco-Business is headquartered in Singapore, with a presence in Beijing, Hong Kong, Manila, Kuala Lumpur, Jakarta, and correspondents across major cities in Asia Pacific. Visit www.eco-business.com  

    Appendix A

    Additional investment and grant opportunities:

    Singapore’s Krosslinker Private Limited received S$100,000 from OCTAVE Well-being Economy Fund to develop urban cooling solutions using zero energy aerogel coating.

    Canada’s Ayrton Energy Inc received S$100,000 from TRIREC and S$100,000 from Valuence Ventures to develop safe hydrogen storage and transport which seamlessly integrates with existing liquid fuel infrastructure.

    Australia’s CO2Tech received S$100,000 from Enterprise Singapore to develop a cost effective and compact CO2 capture solution which converts emissions into carbon-negative and valuable products.

    Appendix B

    Comments from our Strategic Partners:

    Emily Liew, Assistant Managing Director, Innovation, Enterprise Singapore, said: “As the world races to address pressing environmental challenges, we need platforms such as The Liveability Challenge more than ever to uncover and support breakthrough climate innovations. Start-ups can leverage Singapore’s robust innovation ecosystem, infrastructure and strategic networks to validate and scale their climate solutions. Enterprise Singapore is committed to working with important partners such as Temasek Foundation to accelerate the development of innovative solutions for a sustainable future.”

    Axel Tan, Venture Partner, OCTAVE Well-being Economy Fund, said: “Climate tech startups are pioneering vital solutions for a more liveable planet, but they face steep challenges in scaling. At the OCTAVE Well-being Economy Fund, we believe in backing these innovators by bridging capital, partnerships and purpose. Together with platforms like The Liveability Challenge, we can direct collective investment toward breakthrough technologies – accelerating the transition to a cleaner, more conscious and regenerative future.”

    Andrew Wong, Director, TRIREC, said: “The Liveability Challenge is crucial as it catalyses breakthrough innovations urgently needed to tackle escalating climate crises. By matching catalytic capital with the most promising solutions in climate change, the Challenge accelerates the commercialisation of transformative technologies, especially in an increasingly uncertain geopolitical environment. This platform not only empowers innovators to scale their impact but also drives collective action toward a net-zero and a climate-resilient future worldwide. TRIREC looks forward to supporting ambitious climate founders.”

    Andrew Hyung, General Partner, Valuence Ventures, said: “At a time when the world’s attention is pulled in many directions and the climate crisis is too often set aside, The Liveability Challenge brings much needed focus. It unites visionaries, doers and believers to shape a future we all deserve. By turning urgency into momentum and bold ideas into real solutions, this platform reminds us that hope backed by action can still change everything.”

    Ashley Tan, International Head of Social Impact & Sustainability at Amazon Web Services (AWS), said: “We’re excited by the powerful sustainability solutions presented by winners Krosslinker Private Limited and Ayrton Energy Inc, and the other finalists. Together with Temasek Foundation and Eco-business, Amazon Web Services (AWS) is committed to making a positive environmental and social impact around the world. We will continue to provide the latest AI-driven technologies and bench of deep technical expertise to power innovative solutions in the cloud and solve the climate crisis’s most pressing decarbonisation and food security challenges of our time.”

    Appendix C

    Finalists for The Liveability Challenge 2025:

    1. Ayrton Energy Inc (Canada)  

    Solution: Safe hydrogen storage and transport that seamlessly integrates with existing liquid fuel infrastructure for scalable deployment that is up to 50 per cent lower cost 

    2. CatAmmon (Israel) 

    Solution: ”Cold” (400ºC) ammonia cracking, catalysed by Ruthenium – free, ceramic nanomaterials that achieves over 30 per cent reductions in cost for hydrogen generation 

     3.  Cetogenix (New Zealand)

    Solution: Transforming urban waste into renewable natural gas, green ammonia and other circular bioeconomy products with carbon intensities 19 times less than those of fossil equivalents 

    4.  CO2Tech (Australia) 

    Solution: Cost effective and compact CO2 capture solution capable of converting emissions into carbon negative and valuable products  

    5. D-CRBN (Belgium) 

    Solution: Plasma-based CO2 recycling with a fossil price parity  

    6. Eztia Corp (US)

    Solution: Cooling wearables that absorb body heat, reducing skin temperature by 10°C  

    7. Krosslinker Private Limited (Singapore)

    Solution: Cooling cities 24/7 with a zero energy aerogel coating: passive, powerful and planet friendly 

    8. SXD, Inc (US) 

    Solution: SXD uses its patent-published AI to co-design and scale zero material waste garments, driving 10 times the material savings, approximately 80 per cent reduction in CO2 emissions and up to 55 per cent in cost savings.

    MIL OSI – Submitted News –

  • MIL-OSI Europe: Joint statement on Artificial Intelligence and Freedom of Expression

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Joint statement on Artificial Intelligence and Freedom of Expression

    BRUSSELS, 7 May 2025 – Considering the vital impact that Artificial Intelligence (AI) has on freedom of expression, freedom of the media and the information ecosystem;acknowledging that the development and use of AI can be beneficial but raise serious human rights-related concerns;stressing the need to ensure that the design, development and deployment of AI are firmly anchored in international human rights law, principles and commitments;reaffirming human dignity, equality and human rights as guiding principles for the integrity of the information ecosystem,
    the United Nations (UN) Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression, the Organization for Security and Co-operation in Europe (OSCE) Representative on Freedom of the Media, the Organization of American States (OAS) Special Rapporteur on Freedom of Expression, and the African Commission on Human and Peoples’ Rights (ACHPR) Special Rapporteur on Freedom of Expression and Access to Information in Africa (“Mandate Holders”), gathering in Brussels, Belgium to mark World Press Freedom Day 2025, made the following statements:
    “The rapid development of artificial intelligence systems often proceeds without sufficient incorporation of human rights considerations. Developers primarily operate within frameworks of technical ethics and market effectiveness, while the human rights community engages too late in the process. We must shift from a risk-mitigation approach to one where freedom of expression and information integrity are foundational principles embedded from the earliest stages of AI development. This requires bridging the gap between technical innovation and human rights protection, and ensuring that AI systems enhance rather than undermine the information ecosystem that sustains our democracies.” – Pedro Vaca, Special Rapporteur for Freedom of Expression of the Inter-American Commission on Human Rights, Organization of American States (OAS).
    “There is a complex relationship between journalism and Big Tech, including AI. This is characterized by growing media dependency on platforms, concerns about journalist safety, and a struggle for news visibility, which affects both access to accurate, fact-based news, as well as the economic and financial sustainability of media outlets. In addition, we witness the unauthorized, unattributed, and uncompensated use of journalistic content to train AI systems. We should take advantage of this AI momentum to explore opportunities to create public information spaces where public interest information is prioritized, in support of democracy, peace and security.” – Jan Braathu, Organization for Security and Co-operation in Europe (OSCE) Representative on Freedom of the Media.
    “Africa faces further intensification of the global digital divide as AI technology thrives on high powered computer chips, electricity intensive data centres, strong research capacity and finance for the development of AI foundation models. These currently do not exist in Africa. The minority of Africans who have access to digital connectivity will only be using AI applications or AI built-into existing services, such as maps and video streaming. As most of the AI underlying foundation models are developed outside Africa, for reasons covered above, the consequence is that AI applications and AI built into other applications are therefore weak in African languages, African skin tones, African languages and African specificities. All this affects the tools available to African media and African citizens. This will lead to discrimination and the exacerbation of social inequalities, to African detriment.”- Geereesha Topsy Sonoo, Special Rapporteur for FOE and ATI with the African Commission of Human and Peoples Rights.
    “Like all technologies, AI comes with benefits as well as risks but undoubtedly it has come to stay. Governments, companies and above all civil society must work together to ensure that AI’s use is shaped by a people-centred human rights approach. AI’s success should be measured not by the speed of news, but by its quality, not by its capacity to increase profits, but its ability to restore public trust in information. With a true commitment to freedom of expression, AI could become the kind of tool the world needs for sustainable development that leaves no one behind.” – Irene Khan, United Nations Special Rapporteur on the Right to Freedom of Opinion and Expression.
    The Freedom of Expression Mandate Holders reaffirm the importance of international fora and multi-stakeholder collaborations for dialogue on AI-related developments. Overcoming isolated conversations and merging AI discussions with the issues affecting Freedom of Expression and media freedom, the Mandate Holders will aim at providing guidance to a range of stakeholders on safeguards and approaches to leverage technology in ways that strengthen democratic processes and foster information integrity as a vital foundation of democracy, peace and security.

    MIL OSI Europe News –

  • MIL-OSI: Greystone Housing Impact Investors Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., May 07, 2025 (GLOBE NEWSWIRE) — On May 7, 2025, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months ended March 31, 2025.

    Financial Highlights

    The Partnership reported the following results as of and for the three months ended March 31, 2025:

    • Net income of $0.11 per Beneficial Unit Certificate (“BUC”), basic and diluted
    • Cash Available for Distribution (“CAD”) of $0.31 per BUC
    • Total assets of $1.54 billion
    • Total Mortgage Revenue Bond (“MRB”) and Governmental Issuer Loan (“GIL”) investments of $1.18 billion

    The difference between reported net income per BUC and CAD per BUC is primarily due to the treatment of unrealized losses on the Partnership’s interest rate derivative positions. Unrealized losses of approximately $3.9 million are included in net income for the three months ended March 31, 2025. Unrealized losses are a result of the impact of decreased market interest rates on the calculated fair value of the Partnership’s interest rate derivative positions. Unrealized gains and losses do not affect our cash earnings and are added back to net income when calculating the Partnership’s CAD. The Partnership received net cash from its interest rate derivative positions totaling approximately $847,000 during the first quarter.

    In March 2025, the Partnership announced that the Board of Managers of Greystone AF Manager LLC declared a regular quarterly distribution to the Partnership’s BUC holders of $0.37 per BUC. The distribution was paid on April 30, 2025, to BUC holders of record as of the close of trading on March 31, 2025.

    Management Remarks

    “We continue to evaluate investment opportunities despite continuing market volatility,” said Kenneth C. Rogozinski, the Partnership’s Chief Executive Officer.  “Our successful Series B Preferred Units issuance provides low-cost, non-dilutive capital for us to deploy into accretive investment opportunities. In addition, the dedicated pool of capital that we have from the new BlackRock construction lending joint venture is a powerful tool for us to serve our affordable housing developer relationship base.”

    Recent Investment and Financing Activity

    The Partnership reported the following updates for the first quarter of 2025:

    • Advanced funds on MRB and taxable MRB investments totaling $21.5 million, offset by an MRB redemption of approximately $10.4 million.
    • Advanced funds on GIL and taxable GIL investments totaling $39.1 million.
    • GIL, taxable GIL, and property loan redemptions and paydowns totaling approximately $102.7 million.
    • Advanced net funds to joint venture equity investments totaling $5.6 million.
    • Received proceeds of $14.2 million upon sale of Vantage at Tomball, inclusive of return of capital and accrued preferred return.
    • Issued $20 million Series B Preferred Units with an annual distribution rate of 5.75% to an existing investor.

    In May 2025, the managing member of Vantage at Helotes sold the property to a governmental entity who in turn leased the property to a non-profit entity. That non-profit entity financed its purchase of the leasehold interest by issuing tax-exempt and taxable bonds. The Partnership received gross proceeds of approximately $17.1 million, inclusive of the return of capital contributions and accrued preferred return. The Partnership expects to recognize investment income of approximately $1.8 million and a gain on sale of approximately $163,000 in the second quarter of 2025, before settlement of final proceeds and expenses. The Partnership expects to recognize approximately $0.08 of net income per BUC, basic and diluted, and CAD per BUC, based on the number of BUCs outstanding on the date of sale.

    Investment Portfolio Updates

    The Partnership announced the following updates regarding its investment portfolio:

    • All MRB and GIL investments are current on contractual principal and interest payments and the Partnership has received no requests for forbearance of contractual principal and interest payments from borrowers as of March 31, 2025
    • The Partnership continues to execute its hedging strategy, primarily through interest rate swaps, to reduce the impact of changing market interest rates.
    • Six joint venture equity investment properties have completed construction, with three properties having previously achieved 90% occupancy. Four of the Partnership’s joint venture equity investments are currently under construction or in development, with none having experienced material supply chain disruptions for either construction materials or labor to date.

    Earnings Webcast & Conference Call

    The Partnership will host a conference call for investors on Wednesday, May 7, 2025 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2025 results.

    For those interested in participating in the question-and-answer session, participants may dial-in toll free at (877) 407-8813. International participants may dial-in at +1 (201) 689-8521. No pin or code number is needed.

    The call is also being webcast live in listen-only mode. The webcast can be accessed via the Partnership’s website under “Events & Presentations” or via the following link:
    https://event.choruscall.com/mediaframe/webcast.html?webcastid=a4hicNZA

    It is recommended that you join 15 minutes before the conference call begins (although you may register, dial-in or access the webcast at any time during the call).

    A recorded replay of the webcast will be made available on the Partnership’s Investor Relations website at http://www.ghiinvestors.com.

    About Greystone Housing Impact Investors LP

    Greystone Housing Impact Investors LP was formed in 1998 under the Delaware Revised Uniform Limited Partnership Act for the primary purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, seniors and student housing properties. The Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis. The Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes. The Partnership seeks to achieve its investment growth strategy by investing in additional mortgage revenue bonds and other investments as permitted by its Second Amended and Restated Limited Partnership Agreement, dated December 5, 2022 (the “Partnership Agreement”), taking advantage of attractive financing structures available in the securities market, and entering into interest rate risk management instruments. Greystone Housing Impact Investors LP press releases are available at www.ghiinvestors.com.

    Safe Harbor Statement

    Certain statements in this press release are intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of statements that include, but are not limited to, phrases such as “believe,” “expect,” “future,” “anticipate,” “intend,” “plan,” “foresee,” “may,” “should,” “will,” “estimates,” “potential,” “continue,” or other similar words or phrases. Similarly, statements that describe objectives, plans, or goals also are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Partnership. The Partnership cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, implied, or projected by such forward-looking statements. Risks and uncertainties include, but are not limited to: defaults on the mortgage loans securing our mortgage revenue bonds and governmental issuer loans; the competitive environment in which the Partnership operates; risks associated with investing in multifamily, student, senior citizen residential properties and commercial properties; general economic, geopolitical, and financial conditions, including the current and future impact of changing interest rates, inflation, and international conflicts (including the Russia-Ukraine war and the Israel-Hamas war) on business operations, employment, and financial conditions; uncertain conditions within the domestic and international macroeconomic environment, including monetary and fiscal policy and conditions in the investment, credit, interest rate, and derivatives markets; any effects on our business resulting from new U.S. domestic or foreign governmental trade measures, including but not limited to tariffs, import and export controls, foreign exchange intervention accomplished to offset the effects of trade policy or in response to currency volatility, and other restrictions on free trade; adverse reactions in U.S. financial markets related to actions of foreign central banks or the economic performance of foreign economies, including in particular China, Japan, the European Union, and the United Kingdom; the general condition of the real estate markets in the regions in which the Partnership operates, which may be unfavorably impacted by pressures in the commercial real estate sector, incrementally higher unemployment rates, persistent elevated inflation levels, and other factors; changes in interest rates and credit spreads, as well as the success of any hedging strategies the Partnership may undertake in relation to such changes, and the effect such changes may have on the relative spreads between the yield on investments and cost of financing; the aggregate effect of elevated inflation levels over the past several years, spurred by multiple factors including expansionary monetary and fiscal policy, higher commodity prices, a tight labor market, and low residential vacancy rates, which may result in continued elevated interest rate levels and increased market volatility; the Partnership’s ability to access debt and equity capital to finance its assets; current maturities of the Partnership’s financing arrangements and the Partnership’s ability to renew or refinance such financing arrangements; local, regional, national and international economic and credit market conditions; recapture of previously issued Low Income Housing Tax Credits in accordance with Section 42 of the Internal Revenue Code; geographic concentration of properties related to investments held by the Partnership; changes in the U.S. corporate tax code and other government regulations affecting the Partnership’s business; and the other risks detailed in the Partnership’s SEC filings (including but not limited to, the Partnership’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K). Readers are urged to consider these factors carefully in evaluating the forward-looking statements.

    If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, the developments and future events concerning the Partnership set forth in this press release may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this document. We anticipate that subsequent events and developments will cause our expectations and beliefs to change. The Partnership assumes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws.

     
     
    GREYSTONE HOUSING IMPACT INVESTORS LP
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (UNAUDITED)
     
        For the Three Months Ended March 31,    
        2025     2024    
    Revenues:              
    Investment income   $ 21,878,167     $ 19,272,345    
    Other interest income     2,288,165       3,003,838    
    Other income     958,825       94,471    
    Total revenues     25,125,157       22,370,654    
    Expenses:              
    Provision for credit losses     (172,000 )     (806,000 )  
    Depreciation     3,542       5,967    
    Interest expense     14,134,816       13,803,935    
    Net result from derivative transactions     3,036,137       (6,267,664 )  
    General and administrative     4,570,261       4,930,388    
    Total expenses     21,572,756       11,666,626    
    Other income:              
    Gain on sale of investments in unconsolidated entities     5,220       50,000    
    Earnings (losses) from investments in unconsolidated entities     (233,334 )     (106,845 )  
    Income before income taxes     3,324,287       10,647,183    
    Income tax benefit     (2,733 )     (1,198 )  
    Net income     3,327,020       10,648,381    
    Redeemable Preferred Unit distributions and accretion     (760,679 )     (767,241 )  
    Net income available to Partners   $ 2,566,341     $ 9,881,140    
                   
    Net income available to Partners allocated to:              
    General Partner   $ 25,611     $ 98,311    
    Limited Partners – BUCs     2,483,685       9,725,097    
    Limited Partners – Restricted units     57,045       57,732    
        $ 2,566,341     $ 9,881,140    
    BUC holders’ interest in net income per BUC, basic and diluted   $ 0.11     $ 0.42   *
    Weighted average number of BUCs outstanding, basic     23,171,226       23,000,754   *
    Weighted average number of BUCs outstanding, diluted     23,171,226       23,000,754   *
    * The amounts indicated above have been adjusted to reflect the distribution completed on April 30, 2024 in the form of additional BUCs at a ratio of 0.00417 BUCs for each BUC outstanding as of March 28, 2024 on a retroactive basis.
       

    Disclosure Regarding Non-GAAP Measures – Cash Available for Distribution

    The Partnership believes that CAD provides relevant information about the Partnership’s operations and is necessary, along with net income, for understanding its operating results. To calculate CAD, the Partnership begins with net income as computed in accordance with GAAP and adjusts for non-cash expenses or income consisting of depreciation expense, amortization expense related to deferred financing costs, amortization of premiums and discounts, fair value adjustments to derivative instruments, provisions for credit and loan losses, impairments on MRBs, GILs, real estate assets and property loans, deferred income tax expense (benefit), and restricted unit compensation expense. The Partnership also adjusts net income for the Partnership’s share of (earnings) losses of investments in unconsolidated entities as such amounts are primarily depreciation expenses and development costs that are expected to be recovered upon an exit event. The Partnership also deducts Tier 2 income (see Note 22 to the Partnership’s condensed consolidated financial statements) distributable to the General Partner as defined in the Partnership Agreement and distributions and accretion for the Preferred Units. Net income is the GAAP measure most comparable to CAD. There is no generally accepted methodology for computing CAD, and the Partnership’s computation of CAD may not be comparable to CAD reported by other companies. Although the Partnership considers CAD to be a useful measure of the Partnership’s operating performance, CAD is a non-GAAP measure that should not be considered as an alternative to net income calculated in accordance with GAAP, or any other measures of financial performance presented in accordance with GAAP.

    The following table shows the calculation of CAD (and a reconciliation of the Partnership’s net income, as determined in accordance with GAAP, to CAD) for the three months ended March 31, 2025 and 2024 (all per BUC amounts are presented giving effect to the BUCs Distributions described in Note 22 of the condensed consolidated financial statements on a retroactive basis for all periods presented):

        For the Three Months Ended March 31,  
        2025     2024  
    Net income   $ 3,327,020     $ 10,648,381  
    Unrealized (gains) losses on derivatives, net     3,883,196       (4,604,215 )
    Depreciation expense     3,542       5,967  
    Provision for credit losses (1)     (172,000 )     (806,000 )
    Amortization of deferred financing costs     381,334       367,418  
    Restricted unit compensation expense     234,047       332,321  
    Deferred income taxes     1,227       2,998  
    Redeemable Preferred Unit distributions and accretion     (760,679 )     (767,241 )
    Tier 2 income allocable to the General Partner (2)     –       –  
    Recovery of prior credit loss (3)     (16,967 )     (17,155 )
    Bond premium, discount and acquisition fee amortization, net of cash received     25,220       (40,475 )
    (Earnings) losses from investments in unconsolidated entities     233,334       106,845  
    Total CAD   $ 7,139,274     $ 5,228,844  
                 
    Weighted average number of BUCs outstanding, basic     23,171,226       23,000,754  
    Net income per BUC, basic   $ 0.11     $ 0.42  
    Total CAD per BUC, basic   $ 0.31     $ 0.23  
    Cash Distributions declared, per BUC   $ 0.37     $ 0.368  
    BUCs Distributions declared, per BUC (4)   $ –     $ 0.07  
    (1) The adjustments reflect the change in allowances for credit losses under the CECL standard which requires the Partnership to update estimates of expected credit losses for its investment portfolio at each reporting date.
       
    (2) As described in Note 22 to the Partnership’s condensed consolidated financial statements, Net Interest Income representing contingent interest and Net Residual Proceeds representing contingent interest (Tier 2 income) will be distributed 75% to the limited partners and BUC holders, as a class, and 25% to the General Partner. This adjustment represents 25% of Tier 2 income due to the General Partner. There was no Tier 2 income for the three months ended March 31, 2025 and 2024.
       
    (3) The Partnership determined there was a recovery of previously recognized impairment recorded for the Live 929 Apartments Series 2022A MRB prior to the adoption of the CECL standard effective January 1, 2023. The Partnership is accreting the recovery of prior credit loss for this MRB into investment income over the term of the MRB consistent with applicable guidance. The accretion of recovery of value is presented as a reduction to current CAD as the original provision for credit loss was an addback for CAD calculation purposes in the period recognized.
       
    (4) The Partnership declared the distribution completed on April 30, 2024 in the form of additional BUCs equal to $0.07 per BUC for outstanding BUCs as of the record date of March 28, 2024.
       

    MEDIA CONTACT: 
    Karen Marotta 
    Greystone 
    212-896-9149 
    Karen.Marotta@greyco.com

    INVESTOR CONTACT:
    Andy Grier
    Investors Relations
    402-952-1235

    The MIL Network –

  • MIL-OSI: NANO Nuclear Energy Completes Retrofit of its New York State Nuclear Technology Testing Facility 

    Source: GlobeNewswire (MIL-OSI)

    Facility operations to commence shortly to construct and test NANO Nuclear’s ALIP subsystem as well as key components of its microreactors in development

    New York, N.Y., May 07, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear technology and energy company, today announced the completion of the retrofitting of its multimillion-dollar demonstration and testing facility in Westchester County, New York.

    The facility is now ready to play a central role in supporting the non-nuclear mechanical and thermal test work necessary to develop its microreactors (in particular ZEUSTM) and commercial products, such as its Annular Linear Induction Pump (ALIP), a critical non-nuclear subsystem for liquid metal and molten salt reactor technologies which NANO Nuclear plans to separately commercialize in the coming years. Testing at the Westchester facility is expected to commence shortly and continue throughout 2025 and into the future. The data generated will contribute to the final design and integration strategy for ALIP in both terrestrial and space reactor applications.

    The facility retrofit was executed in collaboration with aRobotics Company, a New York-based engineering and advanced fabrication firm specializing in robotic systems, component inspection, and high-precision prototyping. The firm led the mechanical build-out of the facility and the fabrication of test hardware and support structures for the development of NANO Nuclear’s products, as well as NANO Nuclear’s ongoing SBIR Phase III commercialization program for ALIP.

    “The Westchester County demonstration facility has been completed on schedule and to specification, and we’re pleased to extend our collaboration on critical ALIP components and our broader reactor portfolio with aRobotics, a fellow New York State headquartered company,” said Jay Yu, Founder and Chairman of NANO Nuclear. “This multimillion‑dollar facility will be central to our R&D program, giving us the resources to conduct essential physical testing and confirm that our non‑nuclear systems perform at their highest level.”

    Figure 1 – Image of Redeveloped NANO Nuclear’s Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, NY.

    The newly redeveloped testing site includes:

    • A Liquid-Metal and Molten-Salt Test Loop for evaluating fluid dynamics and pump efficiency.
    • A magnetic field mapping system for characterizing ALIP’s electromagnetic properties.
    • A custom-engineered thermal chamber for assessing high-temperature material behavior and component resilience.

    “Completing the redevelopment of this dedicated test facility is a significant milestone in our ALIP roadmap,” said Dr. Carlos O. Maidana, Head of Thermal Hydraulics and Space Program at NANO Nuclear. “The ability to perform real-time, high-fidelity component testing allows us to validate software models and refine system performance before moving to larger-scale assembly.”

    Figure 2 – Image of NANO Nuclear’s Annular Linear Induction Pump (ALIP) Technology Model (left) and Liquid-Metal and Molten-Salt Test Loop (right).

    The Westchester County demonstration facility will serve as a high-fidelity mechanical testbed for subsystems critical to reactor operation. These tests will inform future licensing, support industrial partnerships, and advance NANO Nuclear’s development, regulatory licensing and commercialization objectives. The facility now houses NANO Nuclear’s Liquid‑Metal and Molten‑Salt Test Loop, along with a magnetic‑field mapping system that will support development and commercialization activities for ALIP. In addition, a purpose‑built heat chamber, designed for evaluating reactor components and subsystems, has been installed at the site.

    “This facility gives us the infrastructure to simulate core pump operations in a safe, non-nuclear setting,” said James Walker, Chief Executive Officer of NANO Nuclear. “It’s close proximity to our New York City corporate headquarters enhances operational coordination and will serve as a valuable hub for collaborators and stakeholders to observe the development process firsthand.”

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

    For further NANO Nuclear information, please contact:

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

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

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

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements related to, among other items, NANO Nuclear’s use of its new testing facility and its development and other plans in general. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Ingersoll Rand to Participate in Upcoming Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    DAVIDSON, N.C., May 07, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, announced that Vik Kini, chief financial officer, and Matthew Fort, vice president, Investor Relations and FP&A, will participate in a fireside chat at the Wolfe Research 18th Annual Global Transportation & Industrials Conference on Thursday, May 22, 2025, at 9:20 a.m. Eastern Time.

    A real-time audio webcast of the fireside chat can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website here. A replay of the webcast will be available after the conclusion of the fireside chat and can be accessed on the Ingersoll Rand Investor Relations website.

    About Ingersoll Rand Inc.
    Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

    Investors: 
    Matthew Fort
    Matthew.Fort@irco.com

    Media: 
    Sara Hassell
    Sara.Hassell@irco.com

    The MIL Network –

  • MIL-OSI United Kingdom: Grants for VisitAberdeenshire’s cruise ship volunteer programme and Northern Nights campaign

    Source: Scotland – City of Aberdeen

    Grants totalling more than £73,000 have been approved for two schemes which will help bring tourists and visitors to the city.

    Aberdeen City Council’s Finance and Resources Committee today agreed the monies for VisitAberdeenshire. A total of £23,932 will be used for VisitAberdeenshire’s Cruise Volunteer Programme and £50,000 for its Northern Nights campaign.

    Council Culture spokesperson Councillor Martin Greig said: “Aberdeen is a beautiful and historic place and we look forward to sharing it with visitors from abroad and other parts of the country.

    “These two schemes from VisitAberdeenshire will help to attract more people to the city and area and will guide them to what there is to discover while they are here.”

    Committee convener Councillor Alex McLellan said: “Both of these VisitAberdeenshire projects are excellent ways of helping tourists and visitors orientate themselves while they are in the city.

    “We want to attract more people to come and experience Aberdeen for themselves and being able to offer added benefits through the campaign and cruise volunteer scheme will help to do just that.”

    The Cruise ‘Welcome’ Volunteer Scheme was created to meet and help orientate visitors during their first moments in Aberdeen, focusing primarily on cruise passengers arriving in the city.

    The programme aims to provide a positive first impression of the region, create fulfilling volunteering opportunities that upskill local people and generate civic pride, and change the narrative of the region as a tourism destination.

    This funding will enhance the delivery and experience of the welcome volunteer scheme, supporting programme development and preparation for the 2026 season through additional training and recruitment to grow the volunteer pool to 40 people.

    By driving more footfall into Aberdeen businesses during the cruise season, engaging local residents as volunteers, and fostering civic pride, the programme benefits the local economy, people, and place.

    The “Northern Nights: The City Comes to Light” campaign will promote Aberdeen as a vibrant winter destination in early 2026, leveraging cultural events like SPECTRA and Granite Noir to boost hotel occupancy, visitor footfall, and revenue, while supporting local tourism and hospitality businesses through targeted marketing, digital cultural trail maps, and night-time city photography.

    The proposed Northern Nights: the City comes to Light campaign will also promote experiences in the city during the early months of 2026 when nights are longer. The message will be about making this a positive reason to travel and Visit Aberdeenshire intends to bolster hotel occupancy and revenue per available room during these times in the city centre.

    VisitAberdeenshire CEO Chris Foy said “Attention is already turning towards the 2026 cruise season, and this award will not only help to deliver thousands of warm welcomes to our visitors but also contribute towards making volunteering a highly positive experience for local participants. And whilst Aberdeen currently enjoys the early summer sunshine, planning is underway to grow the visitor economy during the winter season.

    “Our inaugural Northern Nights campaign in 2024/25 resulted in over £1/2million of additional visitor spend, demonstrating that our part of the world can shine brightly during the darker months. This funding award will allow us to build on the momentum already created.”

    The report to committee said allocation of grant funding is from the UK Shared Prosperity Fund (UKSPF). The UKSPF money was allocated to the City Council by the UK Government. The core UKSPF element can be used across three priority areas – community and place, supporting local business, and people and skills.

    MIL OSI United Kingdom –

  • MIL-OSI USA: SBA Celebrates National Small Business Week Following White House Proclamation

    Source: United States Small Business Administration

    WASHINGTON — Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined the nation in recognizing National Small Business Week after President Donald J. Trump issued a formal proclamation declaring that the week would take place May 4-10, 2025.

    “This National Small Business Week, we honor the vital role that America’s entrepreneurs and job creators play in making our country the greatest in the world – and we celebrate the return of growth and prosperity to Main Street thanks to President Trump,” said SBA Administrator Kelly Loeffler. “From farms to factories, hardworking small businesses are the engine of our economy, the heartbeat of our communities, and the foundation of our nation’s strength. With the America First agenda, they are a key part of a historic comeback that is restoring opportunity and renewing the promise of the American Dream.”

    “Entrepreneurship is the foundation of a free and prosperous Nation and the engine of the American economy — built by men and women who work hard, take risks, and believe in the power of the American Dream.  From our fields to our factories to the frontiers of technology, our small businesses embody the American spirit, driving growth and creating new employment opportunities,” President Trump said as part of his proclamation. “Our history of ingenuity and grit is unrivaled, and by renewing our support of small businesses, we are raising wages, strengthening American families, and leading our country and the world into a new Golden Age.”

    National Small Business Week recognizes the contributions of America’s 34 million small businesses. Small businesses make up 99% of all businesses in America and create two out of every three new jobs – employing about half of America’s workforce. SBA honors National Small Business Week with dozens of events held in cities across the nation, designed to celebrate local small businesses, educate job creators, and deliver resources to supercharge growth.

    The agency recently concluded its National Awards Ceremony in Washington, D.C., where it named the National Small Business Person of the Year. This week, Administrator Loeffler will also travel to Idaho, Arizona, and Tennessee for additional events honoring America’s job creators, innovators, and builders.

    # # #

    About the U.S. Small Business AdministrationThe U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: Rodney Butler, Ahead of CAHNR Commencement Speech, Reflects on Decades Spent Helping His Tribe

    Source: US State of Connecticut

    Rodney Butler, Chairman of the Mashantucket Pequot Tribal Nation, never aspired to become a Tribal leader. Yet, he has served on tribal council for over two decades, overseeing tremendous progress for his tribe.

    Butler ‘99 (BUS) will deliver the commencement address for the College of Agriculture, Health and Natural Resources (CAHNR) on May 10, 2025. He will also be awarded an honorary degree “in recognition of extraordinary and lasting distinction.”

    “I can’t think of someone more deserving and better suited to usher our class of 2025 into their next chapter,” says CAHNR Dean Indrajeet Chaubey. “Rodney’s ability to make a difference through innovation, collaboration, and a drive for the common good is remarkable. It’s a model we can all look to and learn from.”

    Butler studied finance at UConn and initially intended to work on Wall Street.

    From left, Chief/Treasurer Marilyn Malerba, former Secretary of the Interior Deb Haaland, and Rodney Butler in DC. (Contributed photo)

    “I’ve had my own savings account since I was four or five years old, and I’ve always been an avid investor,” Butler says. “The stock market was pretty steady in the 90s and my father set me up with a small investment account and I was dabbling with that and growing that, and I just fell in love with finance and analytics.”

    Butler was also a member of the UConn Football team, playing defensive back during his undergraduate years.

    After graduation, Butler returned to Mashantucket Pequot Tribal Nation to work as a financial analyst for Foxwoods Resort Casino. He later served as the interim CEO of Foxwoods in 2018.

    “Coming out of college and coming back to work for my tribe, it was just such an incredible honor to be able to do that, to give back to my community and work for my family,” Butler says.

    Butler transitioned to managing the Tribe’s non-gaming assets, like hotels, golf courses, and a pharmaceutical company. Through this work, Butler joined various governmental committees that support the Tribal Council.

    “I enjoyed it, and I was making contributions,” Butler says. “Even then, though, I didn’t think I would get into tribal leadership.”

    When Tribal Council elections rolled around in 2004, a cousin encouraged Butler to run. And he won.

    Two weeks later, Butler’s first child, his son, was born.

    “It gave me a much different perspective,” Butler says. “Yes, I’m doing this for my larger tribal family. But what I’m working for every single day is that baby at home and making sure that I’m doing right by him. It kept me humbled, grounded, and focused on long term success for the Tribe.”

    After seeing the Tribe through the 2008 financial crisis as its treasurer, Butler was elected to his first term as chairman in 2010. He has held the position ever since.

    Butler, center, with the UConn Native American and Indigenous Studies team at the Mashantucket Pequot Tribal Nation powwow. (Contributed photo)

    “Because [my tribe] it’s my family, it’s personal, and every day knowing that I’m working to make a life better for them, and the tens of thousands of people who rely on Pequot, that’s very, very rewarding and keeps you driven,” Butler says.

    Despite his profile as a leader, Butler credits everything he does to community efforts.

    “What I do, especially in this position, is all about teamwork and working together for a collective success,” Butler says.

    The Mashantucket Pequot Nation was federally recognized in 1983. Since then, the tribe has made great strides developing their economy and community infrastructures.

    “What we’ve done in the last 40 years as a Tribal Nation, going from rocky ledge and wooded land, raising pigs and producing maple syrup, to a billion-dollar enterprise with multiple business units and a thriving community…to me that’s the accomplishment,” Butler says. “There’s been so much growth in a very short period of time that you just can’t help but be proud of what this community has accomplished.”

    Since 2017, the Tribe has partnered with UConn Extension to develop their agricultural infrastructure.

    This partnership has been supported by a Federally Recognized Tribes Extension Program grant through the U.S. Department of Agriculture National Institute of Food and Agriculture program.

    This collaboration stemmed from the initiative of tribal members who wanted to develop agriculture to support the tribe’s food sovereignty, or the ability of a community to feed itself.

    “It initially was just a labor of love by my cousins Jeremy Whipple and Councilor Menihan with a dream to achieve food sovereignty,” Butler says. “Their efforts and the relationship with UConn kept blossoming organically into a thriving agriculture department that has become a core initiative for our community.”

    Meechooôk Farm on the Mashantucket Pequot Tribal Nation is now a vibrant food producer for the tribe. The farm includes produce, cattle, hydroponic tunnels, and a sugar shack.

    In 2021, the Tribe established the Mashantucket Pequot Tribal Nation Department of Agriculture.

    “The passion of everyone at UConn for this and the commitment that UConn has made to the tribe and vice versa – these are lifelong friendships that just continue creating success as we grow our agriculture initiatives here,” Butler says.

    Butler (front left) at Meechooôk Farm on the Mashantucket Pequot Tribal Nation with former General Counsel for the U.S. Department of Agriculture, Janie Simms Hipp, and CAHNR Dean Indrajeet Chaubey (Jason Sheldon/UConn Photo)

    Mashantucket Pequot recently hosted a food sovereignty conference with more than 30 tribes from the Northeast represented, highlighting their relationship with UConn and how it has supported the tribe’s food sovereignty efforts.

    “We as a tribe have the ability to provide for our own in a way that we didn’t prior,” Butler says. “We’re thankful that UConn has been committed to helping us get to this level of self-resilience from a food perspective, and we’re continuing to build on it.”

    This work is one example of many that Butler has seen throughout his life and career that highlights the importance of collaboration.

    Butler encourages this year’s graduating class to remember, as he has, that everything is built through working with others.

    “I live through the notion that people are all so interconnected and you have to realize how much we need each other,” Butler says. “Real success is pulling others in, lifting them up, working together, and having that shared success.”

    Follow UConn CAHNR on social media

    MIL OSI USA News –

  • MIL-OSI: Best Online Casinos Canada: 7Bit Casino Voted #1 by Experts for Canadian Players

    Source: GlobeNewswire (MIL-OSI)

    WINNIPEG, Manitoba, May 07, 2025 (GLOBE NEWSWIRE) — 7Bit Casino is a massive hit among the online casinos in Canada for 2025, especially for players who love crypto. It’s packed with exciting games, super easy payment options, and a vibe that puts players first. Whether you’re spinning the best online pokies, enjoying live casino action, or chasing huge jackpots, this brand new online casino has everything you need for a fun and rewarding experience.

    New players can kick things off with an incredible welcome bonus:

    ✅JOIN 7BIT CASINO TODAY – PLAY SMART, WIN FAST WITH CRYPTO

    7Bit Casino offers a jaw-dropping welcome package of 325% up to $10,800 BTC + 250 free spins, making it one of the best online casinos in Canada for bonus fans. With over 7,000 real money games from top providers like NetEnt, Evolution Gaming, BetSoft, and Pragmatic Play, you’ve got slots, table games, live dealers, and more to dive into. As a new online casino, 7Bit blends cool tech with a simple, fun setup that works for both newbies and pros.

    “Our goal is to guide Canadian players to the best online casinos Canada that are thrilling, fair, and worth their time,” said a reviewer. “7Bit Casino is a pay ID casino that delivers amazing games, quick payouts, and a fresh, player-friendly feel.”

    A Player-First Review of the Best Online Casinos Canada

    To find the best online casinos Canada, experts checked out what matters to players:

    • License: Is it legit and safe?
    • Games: Are there tons of fun, high-quality options?
    • Bonuses: Do the deals give real value?
    • Payments: How fast and easy are deposits and cashouts?
    • Safety: Is your info and money secure?
    • Mobile: Can you play smoothly on your phone?
    • Support: Is help available when you need it?
    • Safe Gaming: Are there tools to keep gaming fun and safe?

    7Bit Casino topped the list, earning its spot as one of the best online casinos in Canada by excelling in every area.

    “With over 7,000 games from nearly 50 top companies, 7Bit Casino has the biggest and best game lineup among the online casinos in Canada,” the reviewers said. “From the best online pokies to live dealer tables, it’s got something for everyone.”

    The bonuses are a huge draw, too. Beyond the massive welcome offer, 7Bit Casino keeps things exciting with weekly reloads, cashback, free spins, and fun tournaments. That’s why this new online casino is such a favorite.

    Here’s why 7Bit Casino is a leader among the best online casinos in Canada:

    • License: Operates under a Curacao license, following strict rules for fair play and player protection.
    • Games: Over 7,000 titles, including slots, jackpots, table games, and live dealers.
    • Bonuses: 325% Up to $10,800 BTC + 250 free spins with fair terms for cashing out winnings.
    • Payments: Supports crypto (Bitcoin, Ethereum, Litecoin), e-wallets (Skrill, Neteller), and cards (Visa, Interac), with payouts in 1-3 days.
    • Safety: Uses SSL encryption and a “one account per IP” rule to protect your info and funds.
    • Mobile: Works great on iOS and Android, with a dedicated app for gaming anywhere.
    • Support: Offers 24/7 live chat, email, and multilingual help for players worldwide.
    • Safe Gaming: Provides tools like spending limits, play timers, and breaks to keep gaming fun.

    ✅GRAB YOUR $10,800 BTC BONUS + 250 FREE SPINS – FAIR WAGERING, REAL WINS!

    “7Bit Casino’s fast payments and crypto options make it a top pay ID casino and one of the best online casinos in Canada.”

    Exploring 7Bit Casino’s Game Collection: A Key to Being the Best Online Casino Canada

    What makes 7Bit Casino one of the best online casinos in Canada is its huge game library. With over 7,000 titles, it’s like a candy store for gamers, offering something for every mood and style.

    • Slots and Jackpots: The Best Online Pokies Around

    If you’re into slots, 7Bit Casino is your dream spot. It’s got over 7,000 slot games, making it a haven for the best online pokies. You’ll find classics like Starburst by NetEnt and fresh hits like Booming Fruit 243. Want a shot at a huge payout? Try progressive jackpot slots from BetSoft or Amatic. From simple three-reel games to modern video slots with cool themes, 7Bit Casino has it all.

    “Slot fans will love 7Bit Casino, it’s one of the best online casinos Canada for the best online pokies,” the reviewers said. “Top game makers deliver awesome graphics and fair chances to win.”

    • Table Games and Live Casino Fun

    For players who love strategy, 7Bit Casino offers a ton of table games like blackjack, roulette, baccarat, and poker. Powered by Pragmatic Play and Microgaming, these games look great and play super smoothly.

    The live casino, run by Evolution Gaming, feels like you’re in a real casino. Play blackjack or roulette with live dealers or try fun game shows like Dream Catcher. It’s a big reason 7Bit Casino is among the best online casinos in Canada.

    • Fun Extras: Specialty Games

    Need a break from slots or tables? 7Bit Casino’s got scratch cards, bingo, and quick-win games from Evoplay and NetEnt. These are perfect for chilling with something easy and fun, adding to why 7Bit Casino is one of the best online casinos in Canada.

    “The mix of games, from the best online pokies to these quirky extras, makes 7Bit Casino a top pick among the best online casinos Canada,” the reviewers said.

    Bonuses That Keep You Coming Back

    7Bit Casino’s bonuses are a huge reason it’s one of the best online casinos Canada. They don’t just give you a welcome bonus, they keep the rewards flowing.

    1. Welcome Bonus: Start with a Bang

    New players can grab a welcome bonus of up to $10,800 BTC + 250 free spins, one of the biggest deals among the best online casinos Canada.

    • 1st Deposit Offer: 100% + 100 FS
    • 2nd Deposit Offer: 75% + 100 FS
    • 3rd Deposit Offer: 50% Match
    • 4th Deposit Offer: 100% + 50 FS
    • New Game Offer: 45 FS
    • Weekly Cashback: Up to 20%
    • Monday Offer: 25% + 50 FS
    • Telegram Offer: 50 FS
    • Monday Offer: 25% + 50 FS
    • Wednesday Offer: Up to 100 Free Spins
    • Telegram Friday Offer: 111 Free Spins
    • Telegram Sunday Offer: 66 Free Spins

    2. Ongoing Deals and Tournaments

    • Titans` Arena: $8000
    • Platipus Rush: €2000
    • 10 Years of Platipus: € 100,000
    • Lucky Spin: $1500 + 1500 Free Spins

    7Bit Casino keeps things fresh with weekly reload bonuses, cashback, and free spins. They also run tournaments where you can compete for cash, spins, or a spot at the top of the leaderboard. It’s why 7Bit Casino is a brand new online casino that players love.

    “7Bit Casino’s bonuses make every visit a blast, locking in its spot among the best online casinos Canada,”

    ✅CLAIM YOUR WELCOME BONUS OF 325% UP TO$10,800 BTC + 250 FS

    Payments: Quick and Easy at a Pay ID Casino

    As a pay ID casino, 7Bit Casino makes depositing and cashing out super simple. Whether you’re using crypto or regular money, they’ve got options that work for you.

    Crypto: Fast and Private

    7Bit Casino leads the best online casinos Canada for crypto fans. You can use Bitcoin, Ethereum, Litecoin, or even less common coins. Crypto payments are quick, safe, and keep things private, giving them an anonymous online casino feel.

    Cards and E-Wallets

    If crypto’s not your thing, use Visa, Mastercard, Interac, or bank transfers. E-wallets like Skrill, Neteller, and Neosurf are fast too, with deposits landing instantly and cashouts in 1-3 days. This flexibility makes 7Bit Casino one of the best online casinos Canada.

    “7Bit Casino’s payment options are speedy and secure, making it a great pay ID casino among the best online casinos Canada,” the reviewers said.

    Safe and Fair: Why 7Bit Casino Is Trusted Among the Best Online Casinos Canada

    Safety is a top priority at 7Bit Casino. Its Curacao license means it follows tough rules, like “one account per IP” to stop bonus scams. Strong encryption keeps your info safe, and games are checked by independent groups to ensure they’re fair.

    “7Bit Casino’s focus on safety and fairness makes it a trusted choice among the best online casinos Canada,” the reviewers said. “You can enjoy the best online pokies without any stress.”

    Mobile Gaming: Play Anywhere with the Best Online Casinos Canada

    7Bit Casino’s mobile setup is perfect for playing on your phone or tablet. It works smoothly on iOS and Android, with a dedicated app and a mobile-friendly site. Whether you’re spinning the best online pokies or hitting a live dealer table, it’s easy and fun.

    “The mobile app makes 7Bit Casino one of the best online casinos in Canada for gaming on the go.”

    Help When You Need It: Awesome Support at the Best Online Casinos Canada

    7Bit Casino’s support team is available 24/7 via live chat, email, and in multiple languages for players worldwide. They’re quick to help with anything from account issues to payment questions.

    “Great support is a must for the best online casinos Canada, and 7Bit Casino nails it,” the reviewers said.

    Playing Smart: Responsible Gaming at the Best Online Casinos Canada

    7Bit Casino takes safe gaming seriously, making it a leader among the best online casinos Canada. As an anonymous online casino, it offers private crypto payments but still follows strict ID checks for safety. You can use tools like:

    • Spending Limits: Cap how much you deposit daily, weekly, or monthly.
    • Play Timers: Track how long you’re gaming.
    • Short Breaks: Take a pause from playing.
    • Longer Breaks: Step away for six months or more.
    • Account Closure: Shut your account if you’re done for good.

    Free demo modes let you try games without spending a dime, which adds to why 7Bit Casino is one of the best online casinos Canada.

    “7Bit Casino’s safe gaming tools show it cares about players, making it a top pick among the best online casinos Canada,”

    Tournaments and Community: Extra Fun at the Best Online Casinos Canada

    7Bit Casino amps up the excitement with tournaments and leaderboard challenges. You can compete for cash, free spins, or cool prizes, with events tied to the best online pokies and other games. It’s a fun way to connect with other players and keep things lively.

    “The tournaments make 7Bit Casino stand out among the best online casinos Canada,” the reviewers said. “It’s a brand new online casino that keeps you hooked with fresh, fun vibes.”

    VIP Program: Sweet Perks for Loyal Players

    7Bit Casino’s VIP program is another reason it’s one of the best online casinos Canada. Play more to earn points, climb levels, and unlock goodies like bigger bonuses, faster cashouts, and a personal account manager. It’s a great way to get more from this new online casino.

    “The VIP program adds tons of value, making 7Bit Casino a favorite among the best online casinos in Canada,”

    Why Canadians Can’t Get Enough of 7Bit Casino

    7Bit Casino is built with Canadian players in mind, which is why it’s a top choice among the best online casinos Canada. Here’s what makes it so popular:

    • Canadian-Friendly: Supports local payment methods like Interac and offers multilingual support, making it easy for players from Vancouver to Halifax.
    • Crypto Power: As a pay ID casino, it’s perfect for tech-savvy Canadians who want fast, private crypto transactions.
    • Games for All: Whether you’re in Toronto, Montreal, or Calgary, 7Bit Casino’s huge game library has something for every taste.
    • Community Feel: From tournaments to VIP perks, 7Bit Casino creates a fun, welcoming vibe for players.

    “7Bit Casino feels like it was made for Canadians, which is why it’s one of the best online casinos in Canada,” the reviewers said.

    Seasonal Promotions: Keeping the Fun Fresh

    7Bit Casino loves to switch things up with seasonal promotions tied to holidays or special events. Think Christmas-themed tournaments, Halloween free spins, or summer cashback deals. These limited-time offers keep the excitement high and make 7Bit Casino a brand-new online casino that always feels new.

    “Seasonal promos add extra spice, reinforcing 7Bit Casino’s spot among the best online casinos in Canada,”

    Game Providers: The Brains Behind the Best Online Casinos Canada

    7Bit Casino’s games come from some of the biggest names in the industry, which is a huge reason it’s one of the best online casinos Canada. Providers like NetEnt, Microgaming, BetSoft, and Evolution Gaming deliver top-notch graphics, smooth gameplay, and fair results. Whether you’re playing the best online pokies or live dealer games, these companies ensure every moment is a blast.

    “The partnerships with leading game providers give 7Bit Casino a big edge, making it a top contender among the best online casinos in Canada,” the reviewers said.

    How to Join 7Bit Casino: Your Ticket to the Best Online Casinos Canada

    Getting started at 7Bit Casino, one of the best online casinos in Canada, is a piece of cake. Here’s how to jump in:

    1. Head to the Site: Visit the official 7Bit Casino website and click “Sign Up.”
    2. Enter Your Details: Add your email, create a password, pick your currency, and agree to the terms.
    3. Complete Your Profile: Fill in your name, date of birth, and address to finish signing up.
    4. Deposit and Play: Add funds, claim your welcome bonus, and start gaming!

    Make sure your info is correct to avoid issues later. If you’re using a promo code, check it carefully to grab the bonus. Once you’re set, you can dive into the best online pokies and more at one of the best online casinos in Canada.

    ✅JOIN 7BIT CASINO – FAST GAMES, FASTER PAYOUTS, ALL IN CRYPTO

    Exclusive Features: What Sets 7Bit Casino Apart

    7Bit Casino isn’t just another online casino, it’s got unique features that make it a standout among the best online casinos Canada:

    • Crypto Tournaments: Special events where you can use crypto to compete for exclusive prizes, perfect for an anonymous online casino vibe.
    • Daily Missions: Complete fun challenges to earn extra spins, cash, or bonus points, adding a game-within-a-game feel.
    • Customizable Interface: Adjust the site’s look and feel to match your style, making your gaming experience personal.
    • Social Media Engagement: Follow 7Bit Casino on platforms like X for exclusive giveaways and updates, keeping you in the loop.

    “These unique features make 7Bit Casino feel fresh and exciting, cementing its place among the best online casinos in Canada,”

    Catering to Canadian Provinces: A Local Touch

    7Bit Casino goes the extra mile to appeal to players across Canada’s diverse provinces. Whether you’re in Ontario’s bustling cities, Quebec’s vibrant French-speaking communities, or British Columbia’s laid-back coastal towns, 7Bit Casino tailors its offerings to fit local preferences. For example:

    • Ontario: Players can use Interac for quick deposits, and the site supports English for seamless navigation.
    • Quebec: French-language support ensures players feel right at home, with access to the best online pokies and live games.
    • British Columbia: Crypto options cater to tech-savvy players, making 7Bit Casino a top pay ID casino in the region.

    “7Bit Casino’s attention to local needs makes it a true favorite among the best online casinos Canada,”.

    Security Audits: Building Trust in the Best Online Casinos Canada

    7Bit Casino doesn’t just talk about safety- it backs it up with regular audits. The Curacao Gaming Control Board and independent regulators check the platform to ensure it meets high standards for security and fairness. Games are also audited by their providers to guarantee random, unbiased results.

    “Regular audits give players peace of mind, making 7Bit Casino a trusted name among the best online casinos Canada,”

    Social Responsibility: Giving Back to the Community

    Beyond gaming, 7Bit Casino is committed to social responsibility, which sets it apart among the best online casinos Canada. The platform supports charitable initiatives, such as donating to Canadian organizations focused on mental health and responsible gambling awareness. It also partners with local communities to promote safe gaming practices.

    “7Bit Casino’s social efforts show it’s more than just a casino, it’s a responsible leader among the best online casinos Canada,”

    Why 7Bit Casino Rules the Best Online Casinos Canada in 2025

    7Bit Casino checks every box: a massive game lineup, awesome bonuses, quick payouts, and rock-solid safety. Whether you’re spinning the best online pokies, battling it out in live casino games, or chasing jackpots, this new online casino delivers an unbeatable experience.

    “7Bit Casino is the best online casinos Canada for 2025, but we’ll check again in 2026 to see if it holds the crown or if another brand new online casino takes over.”

    Join the fun and grab 7Bit Casino’s amazing welcome bonus today:

    ✅ENJOY PLAYING 7,000+ GAMES AT 7BIT CASINO

    Final Words About Best Online Casinos in Canada – 7Bit Casino

    7Bit Casino is more than just a place to play, it’s a full-on gaming adventure for Canadian players. With a huge game selection, awesome bonuses, fast cashouts, and a big focus on safety, it’s the top spot to enjoy the best online pokies and more. Sign up now and see why 7Bit Casino is the king of the best online casinos in Canada in 2025.

    Frequently Asked Questions About the Best Online Casinos Canada

    1. Why is 7Bit Casino a top choice for crypto players in Canada?
    A: 7Bit Casino combines lightning-fast crypto transactions, CAD-friendly options, and over 7,000 high-quality games. Canadian players get the best of both worlds: classic casino charm and futuristic blockchain speed.

    2. Can I really withdraw crypto instantly at 7Bit Casino?
    A: Yes! 7Bit Casino lives up to its name as a Fast Payout & Instant Withdrawal Casino. Most crypto withdrawals are processed in under 10 minutes no delays, no drama.

    3. Is it beginner-friendly for new Canadian crypto users?
    A: Totally. Whether you’re crypto-savvy or new to digital coins, 7Bit’s sleek interface, guided deposits, and demo games make it easy to start, play, and win.

    4. Does 7Bit Casino accept CAD or only crypto?
    A: You can play with crypto or traditional methods. Canadians can deposit using CAD via Interac, credit cards, or switch to Bitcoin, Ethereum, Litecoin, or Dogecoin anytime.

    5. How does 7Bit ensure game fairness and player trust?
    A: All games are provably fair and certified. Plus, with blockchain-backed transactions and end-to-end SSL encryption, your data and funds are protected around the clock.

    6. What makes the 7Bit VIP Club worth joining for Canadians?
    A: As you climb VIP levels, you unlock higher cashback, exclusive bonuses, personal account managers, and priority withdrawals designed to reward your loyalty with real crypto perks.

    Email: support@7bitcasino.com

    Disclaimer & Affiliate Disclosure

    This article is for info and promo purposes only, not legal or financial advice. We’ve tried to keep it accurate, but things can change, so check stuff yourself. We’re not responsible for any mistakes or issues from using this info.

    We might earn a bit if you click our links and spend money, but it doesn’t cost you extra. Those links don’t mess with our honest opinions. Gambling’s for folks 19+ in Canada and can be risky. Play smart and get help if it stops being fun.

    All trademarks belong to their owners. By reading this, you agree it’s at your own risk, and we’re not liable for any problems.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80d161da-12ce-477f-be6f-e1d93279f735

    The MIL Network –

  • MIL-OSI: Fastest Payout Online Casinos: JACKBIT Ranked #1 for Instant Withdrawals with No Verification

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 07, 2025 (GLOBE NEWSWIRE) — In the dynamic world of online gambling, speed is a game-changer. Players want their winnings quickly, without delays or complicated processes. After evaluating numerous platforms, JACKBIT stands out as the fastest payout online casino for 2025.

    START PLAYING WITH JACKBIT – NO KYC, JUST FUN, AND FAST PAYING!

    Renowned for its instant withdrawal casino capabilities, JACKBIT processes cryptocurrency withdrawals in under 10 minutes, often instantly, setting a new standard for best online casinos that payout instantly. With over 6,000 games, generous bonuses, and a player-centric design, JACKBIT is the ultimate destination for those seeking a fast payout casino.

    This comprehensive review explores why JACKBIT is the best fast payout casino, detailing its features, promotions, game variety, payment methods, and more. Whether you’re spinning slots, playing live dealer games, or betting on sports, JACKBIT delivers a seamless experience that prioritizes speed, security, and satisfaction.

    Why JACKBIT Stands Out as the Fastest Payout Online Casino

    JACKBIT has redefined online gambling by prioritizing payout speed, a critical factor for players seeking same day withdrawal online casinos. Its use of blockchain technology enables instant pay casino withdrawals, with crypto transactions often completed in minutes. This efficiency is complemented by a no-KYC policy for crypto users, ensuring privacy and a hassle-free experience.

    Beyond speed, JACKBIT offers an extensive game library of over 6,000 titles, sourced from 90+ top providers like NetEnt, Microgaming, and Evolution Gaming. From classic slots to live dealer games and a robust sportsbook, the platform caters to every gaming preference. Its mobile-optimized design and intuitive interface make it accessible on any device, positioning JACKBIT as a leader among the fastest paying online casinos.

    JOIN JACKBIT NOW AND GAMBLE PRIVATELY WITH NO KYC REQUIRED!

    JACKBIT Casino Features: A Comprehensive Overview

    JACKBIT’s appeal as the fastest payout online casino is rooted in its robust features, designed to enhance the player experience:

    Feature Details
    Welcome Bonus 30% Rakeback + 100 wager-free spins on first deposit + No KYC
    Game Count Over 6,000 titles from 90+ providers
    Payment Methods 16+ cryptocurrencies, Visa, MasterCard, Google Pay, Apple Pay
    Withdrawal Speed Instant crypto withdrawals (under 10 minutes)
    Customer Support 24/7 via live chat and email
    License Curacao Gaming Authority
    • Welcome Bonuses: New players receive a 30% Rakeback bonus + no KYC and 100 free spins, providing a strong start without wagering requirements on spins.
    • Expansive Game Library: Over 6,000 games, including slots, table games, live dealers, and sports betting, ensure variety for all players.
    • Cryptocurrency Payments: Supports 16+ cryptocurrencies, such as Bitcoin, Ethereum, and Tether, for fast, secure transactions.
    • No KYC for Crypto Users: Crypto players enjoy anonymity, bypassing extensive verification processes.
    • Instant Withdrawals: JACKBIT’s online casino instant payout system processes crypto withdrawals in minutes, often instantly.
    • Mobile-Friendly Design: Optimized for desktops, smartphones, and tablets, offering flexibility for on-the-go gaming.
    • Sportsbook: Covers 140+ sports, including football, esports, and virtual sports, with competitive odds and live betting.

    These features make JACKBIT a benchmark for quick pay casino experiences, appealing to players worldwide.

    Promotions and Incentives at JACKBIT

    JACKBIT keeps players engaged with a variety of promotions:

    • Welcome Bonus: 30% Rakeback+ no KYC + 100 free spins on the first deposit, with no wagering requirements on spins, allowing immediate use of winnings.
    • Weekly Giveaways: Compete for a share of $10,000 in cash and 10,000 free spins, adding excitement to regular play.
    • VIP Program: Earn up to 30% Rakeback through the Rakeback VIP Club, rewarding loyal players with cashback and exclusive perks.
    • Social Media Bonuses: Engage with JACKBIT on platforms like X for exclusive rewards, such as bonus spins or cash prizes.
    • Pragmatic Drops & Wins: Participate in slot and live game tournaments with a €2,000,000 prize pool, offering significant winning opportunities.

    CLAIM YOUR 30% RAKEBACK AND 100 FREE SPINS – NO WAGERING REQUIRED!

    These promotions, with fair terms, position JACKBIT among the best online casinos fast payout for value-driven players.

    What Sets JACKBIT Apart from Other Crypto Casinos?

    JACKBIT distinguishes itself from competitors in several ways:

    • Unmatched Payout Speed: While many crypto casinos take hours or days, JACKBIT delivers funds in minutes, making it the fastest paying online casino.
    • Diverse Game Selection: With over 6,000 games, JACKBIT surpasses rivals, offering everything from slots to niche esports betting.
    • Privacy Focus: The no-KYC policy for crypto users ensures anonymity, a feature not all instant withdrawal casinos provide.
    • Generous Promotions: Bonuses like rakeback and tournaments come with fair terms, unlike some casinos with restrictive requirements.
    • Sports Betting Integration: Unlike many crypto-focused platforms, JACKBIT’s sportsbook adds versatility, appealing to a broader audience.

    These advantages make JACKBIT a standout new instant withdrawal casino for 2025.

    Pros and Cons of JACKBIT Casino

    To offer a balanced perspective, here’s a detailed look at JACKBIT’s strengths and weaknesses:

    Pros Cons
    Fastest payout online casino with instant crypto withdrawals No dedicated mobile app (mobile-optimized site available)
    Over 6,000 games from 90+ providers Withdrawals are crypto-only, limiting fiat options
    No KYC policy for crypto users Some bonuses have specific wagering requirements
    Supports 16+ cryptocurrencies and fiat deposits Curacao license may not suit players seeking stricter regulation
    24/7 multilingual customer support  
    Generous bonuses, including 30% Rakeback and 100 free spins  

    These factors make JACKBIT a compelling choice among online casinos with instant withdrawal, though players should weigh the cons based on their preferences.

    How to Join JACKBIT Casino

    Joining JACKBIT is a quick and user-friendly process, ideal for players seeking an instant pay casino:

    1. Visit JACKBIT: Click here to navigate to the official website and click “Sign Up.”
    2. Register: Enter your email address and a secure password. Crypto users skip KYC verification for faster setup.
    3. Verify Email: Confirm your account via the verification email sent by JACKBIT.
    4. Deposit Funds: Choose from 16+ cryptocurrencies or fiat methods like Visa or MasterCard. Meet the minimum deposit to activate the welcome bonus.
    5. Claim Welcome Bonus: Enter the promo code to receive the 30% Rakeback and 100 free spins.
    6. Start Playing: Explore the game library and enjoy the fast payout casino experience.

    This streamlined process reflects JACKBIT’s commitment to accessibility, making it a top pick for those seeking same day withdrawal online casinos.

    How We Selected JACKBIT as the Fast Paying Online Casino

    Our selection process for the best online casinos that payout instantly was rigorous, ensuring only the most reliable platforms were recommended. We evaluated JACKBIT based on the following criteria:

    • License and Security: JACKBIT is fully licensed under the Curacao Gaming License, offering a secure environment with SSL encryption. The platform also ensures fairness with provably fair games, giving players peace of mind and transparency.
    • Bonuses and Promotions: We focused on casinos that offer fair and generous bonuses. JACKBIT stands out with its great welcome bonus and ongoing promotions that give players excellent value.
    • Game Variety: A diverse game library is essential. JACKBIT offers over 6,000 games, including slots, table games, and sports betting, making sure there’s something for every type of player.
    • Casino Game Providers: JACKBIT partners with well-known providers like NetEnt and Evolution Gaming to ensure top-quality and fair games.
    • Banking Methods: Fast, secure payment options are critical. JACKBIT’s crypto-focused approach, with instant withdrawals, excels in this area.
    • Customer Support: 24/7 availability and responsiveness are key. JACKBIT’s multilingual support team ensures player satisfaction.
    • User Experience: An intuitive, mobile-friendly interface enhances accessibility. JACKBIT’s sleek design and fast loading times deliver a seamless experience.

    JACKBIT outperformed competitors across these metrics, earning its title as the best fast payout casino for 2025.

    License and Security

    JACKBIT operates under a Curacao Gaming License, ensuring compliance with industry standards for fair play and player protection. While Curacao’s regulations are less stringent than those of the UKGC or MGA, they provide a solid framework for a secure gaming environment. The platform employs advanced SSL encryption to safeguard player data and transactions, and its provably fair crypto games allow players to verify game outcomes independently.

    The no-KYC policy for crypto users is a significant advantage for privacy-conscious players, enabling anonymous play without compromising security. This feature positions JACKBIT as a leader among fast payout online casinos for those prioritizing discretion.

    Bonuses and Promotions

    JACKBIT’s bonuses enhance the gaming experience for both new and returning players:

    • Welcome Bonus: 30% Rakeback + 100 free spins on the first deposit, with no wagering requirements on spins, allowing immediate use of winnings.
    • Weekly Giveaways: Compete for a share of $10,000 in cash and 10,000 free spins, adding excitement to regular play.
    • VIP Program: Earn up to 30% Rakeback through the Rakeback VIP Club, rewarding loyal players with cashback and exclusive perks.
    • Social Media Bonuses: Engage with JACKBIT on platforms like X for exclusive rewards, such as bonus spins or cash prizes.
    • Pragmatic Drops & Wins: Participate in slot and live game tournaments with a €2,000,000 prize pool, offering significant winning opportunities.

    These promotions, combined with fair terms, make JACKBIT a top choice among best online casinos fast payout for value-driven players.

    Casino Games

    JACKBIT’s game library is a cornerstone of its appeal, offering over 6,000 titles across multiple categories. This diversity ensures it caters to all player preferences, solidifying its status as a fast payout casino.

    GET IN THE GAME NOW – NO KYC, SECURE PLAY, AND MORE!

    Online Slots

    Slots dominate JACKBIT’s offerings, with over 5,000 titles ranging from classic 3-reel games to modern video slots and progressive jackpots. Popular games include:

    • Starburst (NetEnt): A vibrant slot with 96.09% RTP and expanding wilds.
    • Gates of Olympus (Pragmatic Play): A high-volatility slot with 96.50% RTP and cascading wins.
    • Book of Dead (Play’n GO): An adventure-themed slot with 96.21% RTP and free spins.
    • Mega Moolah (Microgaming): A progressive jackpot slot with life-changing payout potential.

    These games, with high RTPs and engaging features, make JACKBIT a prime destination for slot enthusiasts.

    Blackjack

    Blackjack players can enjoy multiple variants, including:

    • European Blackjack: Low house edge of 0.5% with basic strategy.
    • Atlantic City Blackjack: Multi-hand options for strategic play.
    • Vegas Strip Blackjack: Popular for its player-friendly rules.

    Live blackjack tables, powered by Evolution Gaming, add an immersive element, appealing to players at instant withdrawal casinos.

    Roulette

    Roulette options include European, French, and American variants:

    • European Roulette: 2.7% house edge, ideal for beginners.
    • French Roulette: 1.35% house edge with La Partage rule, offering better odds.
    • American Roulette: Higher house edge due to double zero, but thrilling for risk-takers.

    Live roulette tables enhance the experience with real-time interaction.

    Poker

    JACKBIT offers video poker and live poker games, including:

    • Texas Hold’em: Popular for its strategic depth.
    • Caribbean Stud: A house-banked poker variant with progressive jackpots.
    • Jacks or Better: A video poker classic with a 0.5%–2% house edge using optimal strategy.

    These options cater to skill-based players seeking an online casino instant payout experience.

    Live Dealer Games

    Powered by Evolution Gaming, JACKBIT’s live dealer section includes:

    • Live Blackjack: Multiple tables with varying stakes.
    • Live Roulette: European and French variants with professional dealers.
    • Game Shows: Titles like Crazy Time and Monopoly Live for casual fun.

    These games replicate a land-based casino atmosphere, making JACKBIT a leader among fastest paying online casinos.

    Craps

    Craps offers fast-paced dice action with bets like Pass Line (1.41% house edge) and Don’t Pass (1.36% house edge). Its inclusion adds variety to JACKBIT’s portfolio, appealing to players at same day withdrawal online casinos.

    Sportsbook

    JACKBIT’s sportsbook covers over 140 sports, including football, basketball, tennis, cricket, esports, and virtual sports. With over 82,000 live monthly events and 75,000 pre-match events, it offers competitive odds and live betting options. Features include:

    • Live Streaming: Watch select events directly on the platform.
    • In-Play Betting: Place bets during matches for dynamic wagering.
    • Cash-Out Options: Secure profits or minimize losses before events conclude.
    • Sports Welcome Bonus: 100% refund on a losing first bet (minimum $20).

    This comprehensive sportsbook enhances JACKBIT’s appeal as a quick pay casino, catering to sports betting enthusiasts alongside casino players.

    Specialty Games

    JACKBIT also offers lottery, scratch cards, and instant win games for quick, casual play. These games provide a break from traditional casino offerings, enhancing the platform’s versatility.

    Casino Game Providers

    JACKBIT, fast payout online casino, collaborates with 90+ industry-leading providers to deliver its extensive game library:

    • NetEnt: Known for visually stunning slots like Starburst and Gonzo’s Quest.
    • Evolution Gaming: The gold standard for live dealer games, offering immersive experiences.
    • Pragmatic Play: Delivers engaging slots like Gates of Olympus and Drops & Wins promotions.
    • Microgaming: Renowned for progressive jackpots like Mega Moolah.
    • Play’n GO: Offers adventure-themed slots like Book of Dead.
    • Yggdrasil: Known for innovative mechanics and high-quality graphics.

    These partnerships ensure JACKBIT’s games are fair, engaging, and cutting-edge, reinforcing its position as a fast payout casino.

    Fastest Payout Methods at JACKBIT

    JACKBIT’s payment options are tailored for speed and flexibility, making it a standout fastest payout online casino.

    Cryptocurrencies

    JACKBIT supports over 16 cryptocurrencies, including:

    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Litecoin (LTC)
    • Tether (USDT)
    • Ripple (XRP)
    • Solana (SOL)
    • Cardano (ADA)
    • Dogecoin (DOGE)
    • Binance Coin (BNB)
    • Monero (XMR)
    • USD Coin (USDC)
    • TRON (TRX)
    • Polygon (MATIC)
    • DAI
    • SHIBA INU
    • Chainlink (LINK)

    Deposits are instant and fee-free, while withdrawals are processed in under 10 minutes, often instantly, making JACKBIT a leader among online casinos with instant withdrawal. The platform’s crypto focus ensures enhanced security and anonymity, ideal for players seeking an instant pay casino.

    Fiat Methods

    For deposits, JACKBIT accepts:

    • Visa
    • MasterCard
    • Bank Transfer
    • Google Pay
    • Apple Pay

    However, withdrawals are crypto-only, which may limit options for fiat users. Processing times for fiat deposits are instant, but withdrawals via crypto maintain JACKBIT’s same day withdrawal online casinos status.

    Buy Crypto Option

    JACKBIT offers a “Buy Crypto” feature, allowing players to purchase cryptocurrencies directly on the platform using fiat methods. This simplifies the process for newcomers, enhancing accessibility at this quick pay casino.

    Limitations

    Weekly withdrawal limits are €10,000, with monthly caps at €20,000, which may affect high rollers. The crypto-only withdrawal policy, while fast, may inconvenience players preferring fiat payouts. Despite these, JACKBIT’s payment system excels for those prioritizing speed and security.

    Payment Method Deposit Time Withdrawal Time Fees
    Cryptocurrencies Instant <10 minutes None
    Visa/MasterCard Instant N/A (crypto-only) Varies
    Bank Transfer 1–3 days N/A (crypto-only) Varies
    Google Pay/Apple Pay Instant N/A (crypto-only) Varies

    START PLAYING WITH JACKBIT – NO KYC, JUST FUN!

    Customer Support

    JACKBIT provides 24/7 customer support via live chat and email (support@JACKBIT.com). The team is fluent in multiple languages, including English, and responds promptly to queries. A comprehensive FAQ section addresses common issues, such as account setup, withdrawals, and bonus terms, enhancing the support experience. This reliability makes JACKBIT a top choice among the best online casinos fast payout.

    Responsible Gambling at JACKBIT

    JACKBIT is committed to promoting responsible gambling, offering tools to help players manage their gaming habits:

    • Deposit Limits: Set daily, weekly, or monthly caps to control spending.
    • Loss Limits: Restrict losses over a specified period.
    • Wagering Limits: Limit total bets to maintain financial discipline.
    • Session Time Limits: Monitor and restrict gaming duration.
    • Cooling-Off Periods: Temporary account suspensions for short breaks.
    • Self-Exclusion: Permanent or temporary account closure for extended breaks.
    • Reality Checks: Periodic notifications reminding players of playtime.

    These tools, combined with access to support resources like the National Council on Problem Gambling, ensure JACKBIT remains a responsible fast payout casino by prioritizing player well-being.

    Mobile Gaming Experience

    JACKBIT’s mobile-optimized website delivers a seamless gaming experience on smartphones and tablets, despite the absence of a dedicated app. Players can access the full game library, manage accounts, and process transactions with ease. The responsive design adapts to various screen sizes, ensuring smooth navigation and fast loading times. Key features include:

    • Full Game Access: Play slots, table games, live dealers, and bet on sports directly from mobile browsers.
    • Intuitive Interface: Touch-friendly controls and clear menus enhance usability.
    • Fast Transactions: Deposit and withdraw instantly using crypto, maintaining JACKBIT’s fastest paying online casino status.
    • Cross-Platform Consistency: The mobile experience mirrors the desktop version, with no loss of functionality.

    This mobile compatibility makes JACKBIT a top choice for players seeking online casinos with instant payout on the go.

    User Experience and Interface

    JACKBIT’s website is designed for ease of use, featuring a sleek, modern interface with intuitive navigation. Key elements include:

    • Clear Categorization: Games are organized into slots, table games, live casino, and sportsbook sections.
    • Search Functionality: Quickly find specific titles or providers.
    • Fast Loading Times: Optimized for minimal lag, even on slower connections.
    • Multilingual Support: Available in English, French, Spanish, and more, catering to a global audience.

    This user-centric design enhances the overall experience, positioning JACKBIT among new instant withdrawal casinos for accessibility and engagement.

    Comparing JACKBIT to Other Fast Payout Casinos

    Compared to competitors, JACKBIT excels in several areas:

    • Payout Speed: Instant crypto withdrawals outpace many rivals, which may take hours or days, making it a best online casino fast payout leader.
    • Game Variety: Over 6,000 games surpass most competitors’ offerings.
    • Privacy: The no-KYC policy is a unique advantage for crypto users.
    • Sportsbook: Comprehensive sports betting options add versatility, unlike many casino-only platforms.

    While some casinos offer stricter regulatory oversight or broader fiat withdrawal options, JACKBIT’s focus on speed, privacy, and variety makes it a preferred instant withdrawal casino for 2025.

    Sportsbook Excellence

    JACKBIT’s sportsbook is a standout feature, offering betting on over 140 sports, including:

    • Popular Sports: Football, basketball, tennis, cricket, and rugby.
    • Esports: League of Legends, Dota 2, CS:GO, and more.
    • Virtual Sports: Simulated events for instant betting.
    • Niche Markets: Darts, snooker, and table tennis.

    With over 82,000 live monthly events and 75,000 pre-match events, the sportsbook provides competitive odds and live betting options. Features include:

    • Live Streaming: Watch select events directly on the platform.
    • In-Play Betting: Place bets during matches for dynamic wagering.
    • Cash-Out Options: Secure profits or minimize losses before events conclude.
    • Sports Welcome Bonus: 100% refund on a losing first bet (minimum $20).

    This comprehensive sportsbook enhances JACKBIT’s appeal as a fast payout casino, catering to sports betting enthusiasts alongside casino players.

    Popular Games with Bonus Opportunities

    JACKBIT ties promotions to popular games, offering extra incentives:

    • Tasty Bonanza (Pragmatic Play): 96.48% RTP, tumbling reels, and free spins, often featured in Drops & Wins.
    • Wolf Haven (Pragmatic Play): 96.01% RTP, Money Respin feature, popular in bonus campaigns.
    • Big Catch Bonanza (Reel Kingdom): 96.71% RTP, scatter-triggered free spins, tied to promotional offers.
    • Mega Ace (Microgaming): 88.12% RTP, progressive jackpot potential, eligible for free spins.

    These games, available across devices, enhance JACKBIT’s status as a best online casinos that payout instantly destination, offering exciting gameplay and bonus potential.

    JACKBIT Casino Conclusion: The Ultimate Fast Payout Casino

    After evaluating numerous fast payout online casinos, JACKBIT emerges as the top choice for 2025. Its extensive game library, featuring over 6,000 titles, caters to every player preference, from slots to sports betting. The platform’s status as the fastest payout online casino, with instant crypto withdrawals, ensures players access their winnings without delay. Generous bonuses, including a 30% Rakeback welcome offer and 100 free spins, provide exceptional value, while the no-KYC policy enhances privacy for crypto users.

    JACKBIT’s commitment to player satisfaction is evident in its 24/7 multilingual support, mobile-optimized design, and robust responsible gambling tools. The comprehensive sportsbook, covering 140+ sports with live betting and competitive odds, adds versatility, making JACKBIT a one-stop shop for gaming and betting. While the Curacao license and crypto-only withdrawals may not suit everyone, these are minor drawbacks compared to the platform’s strengths.

    For players seeking a best fast payout casino with variety, speed, and security, JACKBIT is unmatched. Join today at JACKBIT and experience why it’s the fastest paying online casino for 2025.

    Email: support@JACKBIT.com

    Legal Disclaimer
    This content is for informational and entertainment purposes only and does not constitute legal, financial, or gambling advice. Information is provided “as is,” with no warranties regarding accuracy or completeness. Readers must verify details and ensure compliance with local gambling laws. The publisher and authors are not liable for any losses or consequences from relying on this information.

    Affiliate Disclosure
    Some links may be affiliate links, earning us a commission at no cost to you. Our recommendations are based on objective evaluations, and affiliate partnerships do not influence our content.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/035eb7b1-a3c1-4fc0-9d7c-8eb5faf59b85

    The MIL Network –

  • MIL-OSI Global: The dangerous business of predicting the death of popes – a history

    Source: The Conversation – UK – By Michelle Pfeffer, Research Fellow in Early Modern History, University of Oxford

    Portrait of Michel de Nostredame (Nostradamus), painted by his son César de Nostredame. Wiki Commons

    Michel de Nostredame (1503-66), better known as Nostradamus, is often hailed as one of the most successful prophets of all time. Said to have foreseen major world events from the rise of Hitler to COVID, the 16th-century astrologer was recently credited with predicting Pope Francis’s death – and what would happen next.

    ‘Through the death of a very old Pontiff

    A Roman of good age will be elected.

    Of him it will be said that he weakens his seat

    But long will he sit in biting activity.

    Like all the quatrains in Nostradamus’s collection of prophecies, Les Prophéties (1555-68), this one is as enigmatic as it is flexible. Short, sweet and decontextualised, his prophetic poems feel timeless, and it is deliciously satisfying to recognise a real-world correlation. The problem is that his prophecies are so vague that they can be linked to any number of events – or old Pontiffs.

    Nostradamus’s “dark and cryptic” language was intentional. If he had been more explicit, not only his career, but perhaps even his life, may have been at risk.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    Many of his prophecies concerned the rise and fall of the great and the good, and political prophecy was a high-risk business. In ancient Rome, astrologers had been expelled from the city for forecasting the death of emperors, and Renaissance leaders were no less paranoid. To avoid “scandalising and upsetting”, Nostradamus chose to veil his true meaning.

    This was not just a matter of self-preservation, but also a way to obscure politically explosive information. Claiming to know when a civic or church leader might die was valuable intelligence. This made astrology a key tool of Renaissance spy-craft, but also a dangerous weapon that needed to be monitored and regulated.

    Astrology, politics and the papal court

    As a system that promised to forecast plagues, natural disasters, war, and even the economy, astrology was a logical interest for Renaissance rulers.

    Universities taught their students how to make these predictions, and for some lucky graduates this led to a job in a royal, princely, or even papal court. Here their horoscopes could inform political decision-making and produce potent astrological propaganda.

    A horoscope for the founding of St. Peter’s Basilica in the Vatican in April 1506, cast by the astrologer Luca Gaurico. Luca Gaurico (1552).
    Tractatus Astrologicus

    Despite the condemnations of theologians, many popes patronised astrologers and sought their guidance.

    Julius II (1443-1513) chose the start date for the construction of Saint Peter’s Basilica based on astrological counsel. Leo X (1475-1521) founded a professorship in astrology at Rome’s first university, La Sapienza. And Paul III (1468-1549), heeding the judgment of the astrologer Luca Gaurico, appointed his grandson a cardinal at just 14.

    In a period in which popes could have a decisive impact on international politics, speculation about the health of the pontiff was rampant. Astrologers capitalised on this.

    When Ludovico Sforza (1452-1508), de facto ruler of Milan, asked his astrologer to predict the death of Innocent VIII, it was nothing unusual. The answer was that the pope would die around August 10 1492, if not sooner. When Innocent died on July 25, Ludovico was no doubt pleased. As the historian Monica Azzolini has shown, he had consulted his astrologer in the hope the next pope would be more supportive of his illegitimate regime.

    Some popes asked astrologers about their own deaths. But they didn’t like it so much when others did so – especially when the forecasts were made public. Even worse, such predictions often fed into Protestant propaganda.

    Popes knew public predictions about their death were politically destabilising, not to mention humiliating. At the end of 1559, the Index of Prohibited Books, a list of books forbidden by the Roman Catholic Church, banned texts containing astrological “divinations” about “future contingent events”.

    Earlier that year, just as Pope Paul IV was trying to conceal a serious illness from the public, the sighting of a comet had led to widespread speculation about his death. As the pope knew all too well, astrology could be a political liability.

    Orazio Morandi and Urban VIII

    Such legislation did not stop astrologers from making political predictions, not least because their clients never stopped asking. But increasingly these astrologers were playing with fire. As the historian Brendan Dooley has shown, Orazio Morandi learned this the hard way in 1630.

    Morandi made predictions about Pope Urban VII.
    Vatican Museums

    Morandi was an abbot at the monastery of Santa Prassede in Rome. He had been practising astrology for years, and he had been careful, framing his political forecasts in allusive language. But soon he went too far.

    In 1629, Morandi wrote an astrological commentary on various past papacies, critiquing their flaws. When he came to the present incumbent, Urban VIII (1568-1644), he not only predicted that his pro-French allies would destroy Italy, but that the pope himself would very soon suffer great violence, then death.

    There are several astrological techniques for predicting someone’s death. As above, astronomical phenomena like comets and eclipses could prompt speculation about an upcoming papal demise. But Morandi used the gold standard – a technique called “prorogation”. This required access to the person’s birth chart, from which astrologers could identify the planets or luminaries that were their “giver of life” and “giver of years”.

    Different planets gave different lifespans. For example, if the sun was your “giver of years”, and it was in a good position on your horoscope, you might expect to live to 120. If the sun was badly placed, your life expectancy might be just 19 years. Other parts of the horoscope could then modify these figures.

    Morandi identified the sun as Urban’s life giver. But the positions of the more nefarious planets on his birth chart meant he was lucky to have lived beyond the age of seven. In June 1630, Morandi concluded, a solar eclipse would seal the pope’s fate.

    Morandi’s prediction spread widely in clandestine circles, and it wasn’t long until his prediction was reported as fact. The pro-Spanish faction in Rome was thrilled. It was even rumoured that Spanish and German cardinals had begun the long journey to Rome for a new conclave.

    The earth surrounded by the planets, luminaries, and zodiac signs (1708).
    Andreas Cellarius, Harmonia Macrocosmica

    Embarrassingly, Urban first learned of the prophecy not through his own informants, but from the powerful French prelate Cardinal Richelieu. Himself an avid believer in astrology, Urban was greatly disturbed. He had Morandi arrested and jailed. During the trial, a young man called Matteo, servant to the current prior of Santa Prassede, was interrogated and tortured. Morandi himself soon died in prison under suspicious circumstances.

    But Urban lived on. The next year, he decreed it punishable by death to predict “the life or death of the sitting Roman Pontiff, including his blood relatives to the third degree inclusive”.

    Making a career in political forecasting was – and is – risky. But astrologers were ambitious and knew their efforts would be well remunerated. Predicting the death of a pope could help you quickly build a public profile, expanding your business. But after 1630, it was a risk many astrologers were no longer willing to take.

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

    – ref. The dangerous business of predicting the death of popes – a history – https://theconversation.com/the-dangerous-business-of-predicting-the-death-of-popes-a-history-255816

    MIL OSI – Global Reports –

  • MIL-OSI Europe: Minutes – Tuesday, 6 May 2025 – Strasbourg – Final edition

    Source: European Parliament

    PV-10-2025-05-06

    EN

    EN

    iPlPv_Sit

    Minutes
    Tuesday, 6 May 2025 – Strasbourg

     Abbreviations and symbols

    + adopted
    – rejected
    ↓ lapsed
    W withdrawn
    RCV roll-call votes
    EV electronic vote
    SEC secret ballot
    split split vote
    sep separate vote
    am amendment
    CA compromise amendment
    CP corresponding part
    D deleting amendment
    = identical amendments
    § paragraph

    IN THE CHAIR: Martin HOJSÍK
    Vice-President

    1. Opening of the sitting

    The sitting opened at 09:02.


    2. Request for an urgent decision (Rule 170)

    The President had received two requests for urgent decisions in accordance with Rule 170(5):

    – REGI Committee – Amending ERDF, Cohesion Fund and Just Transition Fund as regards specific measures to address strategic challenges in the context of the mid-term review ***I (COM(2025)0123 – C10-0063/2025 – 2025/0084(COD))

    – EMPL Committee – European Social Fund (ESF+): specific measures to address strategic challenges ***I (COM(2025)0164 – C10-0064/2025 – 2025/0085(COD))

    The votes on both requests would be taken on Wednesday 7 May 2025.

    The agenda was amended accordingly.


    3. A unified EU response to unjustified US trade measures and global trade opportunities for the EU (debate)

    Council and Commission statements: A unified EU response to unjustified US trade measures and global trade opportunities for the EU (2025/2657(RSP))

    Adam Szłapka (President-in-Office of the Council) and Maroš Šefčovič (Member of the Commission) made the statements.

    The following spoke: Jörgen Warborn, on behalf of the PPE Group, Iratxe García Pérez, on behalf of the S&D Group, Jordan Bardella, on behalf of the PfE Group, Nicola Procaccini, on behalf of the ECR Group, Valérie Hayer, on behalf of the Renew Group, Bas Eickhout, on behalf of the Verts/ALE Group, Martin Schirdewan, on behalf of The Left Group, René Aust, on behalf of the ESN Group, Michał Szczerba, Kathleen Van Brempt, Jorge Buxadé Villalba, Adam Bielan, Karin Karlsbro, Anna Cavazzini, Manon Aubry, Petr Bystron and Fabio De Masi.

    IN THE CHAIR: Esteban GONZÁLEZ PONS
    Vice-President

    The following spoke: Lukas Sieper, to put a question to Fabio De Masi, who answered it, Juan Ignacio Zoido Álvarez, Bernd Lange, Anna Bryłka, Daniele Polato, Svenja Hahn, Saskia Bricmont, Lynn Boylan, Lukas Sieper, Eva Maydell, Brando Benifei, Enikő Győri, Jaak Madison, Benoit Cassart, Virginijus Sinkevičius, Pasquale Tridico, Željana Zovko, who also answered a blue-card question from Petras Gražulis, Yannis Maniatis, Isabella Tovaglieri, Rihards Kols, Ľubica Karvašová, Vicent Marzà Ibáñez, Li Andersson, Angelika Niebler, Camilla Laureti, Sebastian Kruis, Kris Van Dijck, Barry Cowen, Isabella Lövin, Lídia Pereira, who also answered a blue-card question from João Oliveira, Javier Moreno Sánchez, Petra Steger, Adrian-George Axinia, Marie-Pierre Vedrenne, Bogdan Andrzej Zdrojewski, Raphaël Glucksmann, Jean-Paul Garraud, Marion Maréchal, Paulo Do Nascimento Cabral, Francisco Assis, Alexandr Vondra, Mika Aaltola, Evin Incir, Francesco Torselli, Jüri Ratas, Andi Cristea, Maria Walsh, Tonino Picula, Borja Giménez Larraz, Aodhán Ó Ríordáin, Michał Wawrykiewicz, Nina Carberry, Salvatore De Meo, Carmen Crespo Díaz, Luděk Niedermayer, Ingeborg Ter Laak and Miriam Lexmann.

    The following spoke under the catch-the-eye procedure: Francisco José Millán Mon, Maria Grapini, Sebastian Tynkkynen, Hilde Vautmans, Jaume Asens Llodrà, Marc Botenga, Kostas Papadakis, Diana Iovanovici Şoşoacă, João Oliveira, Ana Miranda Paz, Juan Fernando López Aguilar, Lucia Annunziata, Vytenis Povilas Andriukaitis and Dariusz Joński.

    The following spoke: Maroš Šefčovič and Adam Szłapka.

    The debate closed.


    4. CO2 emission performance standards for new passenger cars and new light commercial vehicles for 2025 to 2027 (debate)

    Statements by Parliament: CO2 emission performance standards for new passenger cars and new light commercial vehicles for 2025 to 2027 (2025/2700(RSP))

    The following spoke: Jens Gieseke, on behalf of the PPE Group, Mohammed Chahim, on behalf of the S&D Group, Jordan Bardella, on behalf of the PfE Group, Carlo Fidanza, on behalf of the ECR Group, Gerben-Jan Gerbrandy, on behalf of the Renew Group, Kai Tegethoff, on behalf of the Verts/ALE Group, Per Clausen, on behalf of The Left Group, and Siegbert Frank Droese, on behalf of the ESN Group.

    The debate closed.

    (The sitting was suspended for a few moments.)


    IN THE CHAIR: Younous OMARJEE
    Vice-President

    5. Resumption of the sitting

    The sitting resumed at 12:05.


    6. Voting time

    For detailed results of the votes, see also ‘Results of votes’ and ‘Results of roll-call votes’.


    6.1. CO2 emission performance standards for new passenger cars and new light commercial vehicles for 2025 to 2027 ***I (vote)

    Amending Regulation (EU) 2019/631 to include an additional flexibility as regards the calculation of manufacturers’ compliance with CO2 emission performance standards for new passenger cars and new light commercial vehicles for the calendar years 2025 to 2027 [COM(2025)0136 – C10-0062/2025 – 2025/0070(COD)] – ENVI Committee

    REQUEST FOR AN URGENT DECISION from the ECR Group, and jointly from the PPE, S&D and Renew groups (Rule 170(6))

    Approved

    The following tabling deadlines had been set:

    – amendments: Wednesday 7 May 2025 at 13:00
    – requests for separate votes and split votes: Wednesday 7 May 2025 at 19:00

    Vote: 8 May 2025.

    The following had spoken:

    Ondřej Krutílek, on behalf of the ECR Group (author of the request), before the vote.

    Detailed voting results


    6.2. The protection status of the wolf (Canis lupus) ***I (vote)

    The protection status of the wolf (Canis lupus) [COM(2025)0106 – C10-0044/2025 – 2025/0058(COD)] – ENVI Committee

    REQUEST FOR AN URGENT DECISION from the ENVI Committee (Rule 170(6))

    Approved

    The following tabling deadlines had been set:

    – amendments: Wednesday 7 May 2025 at 13:00
    – requests for separate votes and split votes: Wednesday 7 May 2025 at 19:00

    Vote: 8 May 2025.

    The following had spoken:

    Sebastian Everding, against the request, before the vote.

    Detailed voting results


    6.3. Amendments to the Capital Requirements Regulation as regards securities financing transactions under the net stable funding ratio ***I (vote)

    Amendments to the Capital Requirements Regulation as regards securities financing transactions under the net stable funding ratio [COM(2025)0146 – C10-0059/2025 – 2025/0077(COD)] – ECON Committee

    REQUEST FOR AN URGENT DECISION from the ECON Committee (Rule 170(6))

    Approved

    The following tabling deadlines had been set:

    – amendments: Wednesday 7 May 2025 at 13:00
    – requests for separate votes and split votes: Wednesday 7 May 2025 at 19:00

    Vote: 8 May 2025.

    Detailed voting results


    6.4. Request for the waiver of the immunity of Petr Bystron (vote)

    Report on the request for waiver of the immunity of Petr Bystron [2024/2047(IMM)] – Committee on Legal Affairs. Rapporteur: Pascale Piera (A10-0077/2025)

    (Majority of the votes cast)

    PROPOSAL FOR A DECISION

    Adopted (P10_TA(2025)67)

    Detailed voting results


    6.5. Request for the waiver of the immunity of Petras Gražulis (vote)

    Report on the request for waiver of the immunity of Petras Gražulis [2024/2089(IMM)] – Committee on Legal Affairs. Rapporteur: Pascale Piera (A10-0078/2025)

    (Majority of the votes cast)

    PROPOSAL FOR A DECISION

    Adopted (P10_TA(2025)68)

    Detailed voting results


    6.6. Request for the waiver of the immunity of Grzegorz Braun (vote)

    Report on the request for the waiver of the immunity of Grzegorz Braun [2024/2102(IMM)] – Committee on Legal Affairs. Rapporteur: Dainius Žalimas (A10-0081/2025)

    (Majority of the votes cast)

    PROPOSAL FOR A DECISION

    Adopted (P10_TA(2025)69)

    Detailed voting results


    6.7. Border regions’ instrument for development and growth (BRIDGEforEU) ***II (vote)

    Recommendation for second reading on the Council position at first reading with a view to the adoption of a proposal for a regulation of the European Parliament and of the Council on a mechanism to resolve legal and administrative obstacles in a cross-border context [17102/1/2024 – C10-0057/2025 – 2018/0198(COD)] – Committee on Regional Development. Rapporteur: Sandro Gozi (A10-0058/2025)

    The President informed the House that no proposals for rejection or amendment had been tabled in accordance with Rules 68 and 69 with regard to the Council’s position.

    The Council position was therefore deemed approved.

    The proposed act was thus adopted (P10_TA(2025)70)

    The following had spoken:

    Before the President’s announcement, Sandro Gozi (rapporteur), to make a statement under Rule 165(4).

    Detailed voting results


    6.8. Amending Regulation (EU) 2016/1011 as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements ***II (vote)

    Recommendation for second reading on the Council position at first reading with a view to the adoption of a regulation of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements [05123/1/2025 – C10-0055/2025 – 2023/0379(COD)] – Committee on Economic and Monetary Affairs. Rapporteur: Jonás Fernández (A10-0060/2025)

    The President informed the House that no proposals for rejection or amendment had been tabled in accordance with Rules 68 and 69 with regard to the Council’s position.

    The Council position was therefore deemed approved.

    The proposed act was thus adopted (P10_TA(2025)71)

    Detailed voting results


    6.9. European Union labour market statistics on businesses ***II (vote)

    Recommendation for second reading on the Council position at first reading with a view to the adoption of a regulation of the European Parliament and of the Council on European Union labour market statistics on businesses, repealing Council Regulation (EC) No 530/1999 and Regulations (EC) No 450/2003 and (EC) No 453/2008 of the European Parliament and of the Council [17082/1/2024 – C10-0054/2025 – 2023/0288(COD)] – Committee on Economic and Monetary Affairs. Rapporteur: Irene Tinagli (A10-0057/2025)

    The President informed the House that no proposals for rejection or amendment had been tabled in accordance with Rules 68 and 69 with regard to the Council’s position.

    The Council position was therefore deemed approved.

    The proposed act was thus adopted (P10_TA(2025)72)

    Detailed voting results


    6.10. Amendments to the International Health Regulations contained in the Annex to Resolution WHA77.17 and adopted on 1 June 2024 *** (vote)

    Recommendation on the draft Council decision inviting Member States to accept, in the interest of the European Union, the amendments to the International Health Regulations (2005) contained in the Annex to Resolution WHA77.17 and adopted on 1 June 2024 [17046/2024 – COM(2024)0541 – C10-0005/2025 – 2024/0299(NLE)] – Committee on Public Health. Rapporteur: Adam Jarubas (A10-0064/2025)

    (Majority of the votes cast)

    DRAFT COUNCIL DECISION

    Approved (P10_TA(2025)73)

    Detailed voting results


    6.11. Mobilisation of the European Globalisation Adjustment Fund for Displaced Workers: application EGF/2024/003 BE/Van Hool – Belgium (vote)

    Report on the proposal for a decision of the European Parliament and of the Council on the mobilisation of the European Globalisation Adjustment Fund for Displaced Workers following an application from Belgium – EGF/2024/003 BE/Van Hool [COM(2025)0001 – C10-0056/2025 – 2025/0061(BUD)] – Committee on Budgets. Rapporteur: Janusz Lewandowski (A10-0080/2025)

    (Majority of the votes cast)

    MOTION FOR A RESOLUTION

    Adopted (P10_TA(2025)74)

    Detailed voting results


    6.12. Protection of the European Union’s financial interests – combating fraud – annual report 2023 (vote)

    Report on the protection of the European Union’s financial interests – combating fraud – annual report 2023 [2024/2083(INI)] – Committee on Budgetary Control. Rapporteur: Gilles Boyer (A10-0049/2025)

    The debate had taken place on 5 May 2025 (minutes of 5.5.2025, item 19).

    (Majority of the votes cast)

    MOTION FOR A RESOLUTION

    Adopted (P10_TA(2025)75)

    Detailed voting results


    6.13. Control of the financial activities of the European Investment Bank – annual report 2023 (vote)

    Report on the control of the financial activities of the European Investment Bank – annual report 2023 [2024/2052(INI)] – Committee on Budgetary Control. Rapporteur: Ondřej Knotek (A10-0068/2025)

    The debate had taken place on 5 May 2025 (minutes of 5.5.2025, item 21).

    (Majority of the votes cast)

    MOTION FOR A RESOLUTION

    Adopted (P10_TA(2025)76)

    Detailed voting results

    13

    (The sitting was suspended for a few moments.)


    7. Resumption of the sitting

    The sitting resumed at 12:28.


    8. Approval of the minutes of the previous sitting

    The minutes of the previous sitting were approved.


    9. A revamped long-term budget for the Union in a changing world (debate)

    Report on a revamped long-term budget for the Union in a changing world [2024/2051(INI)] – Committee on Budgets. Rapporteurs: Siegfried Mureşan and Carla Tavares (A10-0076/2025)

    Siegfried Mureşan and Carla Tavares introduced the report.

    The following spoke: Piotr Serafin (Member of the Commission).

    The following spoke: Hilde Vautmans (rapporteur for the opinion of the AFET Committee), Barry Andrews (rapporteur for the opinion of the DEVE Committee), Dirk Gotink (rapporteur for the opinion of the CONT Committee), Damian Boeselager (rapporteur for the opinion of the ECON Committee), Romana Tomc (rapporteur for the opinion of the EMPL Committee), Michalis Hadjipantela (rapporteur for the opinion of the ENVI Committee), Christian Ehler (rapporteur for the opinion of the ITRE Committee), Aura Salla (rapporteur for the opinion of the IMCO Committee), Rosa Serrano Sierra (rapporteur for the opinion of the TRAN Committee), Dragoş Benea (rapporteur for the opinion of the REGI Committee), Stefano Bonaccini (rapporteur for the opinion of the AGRI Committee), Hannes Heide (rapporteur for the opinion of the CULT Committee), Loucas Fourlas (rapporteur for the opinion of the LIBE Committee), Sven Simon (rapporteur for the opinion of the AFCO Committee), Alexandra Geese (rapporteur for the opinion of the FEMM Committee), Karlo Ressler, on behalf of the PPE Group, Jean-Marc Germain, on behalf of the S&D Group, Julien Sanchez, on behalf of the PfE Group, Bogdan Rzońca, on behalf of the ECR Group, Fabienne Keller, on behalf of the Renew Group, Rasmus Nordqvist, on behalf of the Verts/ALE Group, João Oliveira, on behalf of The Left Group, Milan Uhrík, on behalf of the ESN Group, Danuše Nerudová, Gabriele Bischoff, Jana Nagyová, Johan Van Overtveldt, Lucia Yar, Rasmus Andresen, Alexander Jungbluth, Isabel Benjumea Benjumea and Jens Geier.

    IN THE CHAIR: Roberts ZĪLE
    Vice-President

    The following spoke: Annamária Vicsek, who also answered a blue-card question from Gabriella Gerzsenyi, Ruggero Razza, Joachim Streit, Maria Ohisalo, Janusz Lewandowski, Sandra Gómez López, Dick Erixon, Anouk Van Brug, Hélder Sousa Silva, Dario Nardella, Fernand Kartheiser, Moritz Körner, who also answered a blue-card question from Rasmus Andresen, Georgios Aftias, Estelle Ceulemans, Laurence Trochu, Charles Goerens, Nina Carberry, René Repasi, Kristoffer Storm, Katri Kulmuni, Herbert Dorfmann, Victor Negrescu, Sebastian Tynkkynen, Vlad Vasile-Voiculescu, Andrey Novakov, Giuseppe Lupo, Antonella Sberna, Péter Magyar, Marcos Ros Sempere, Elena Nevado del Campo, Evin Incir, Thomas Bajada, Matjaž Nemec and André Rodrigues.

    The following spoke under the catch-the-eye procedure: Paulo Do Nascimento Cabral, Juan Fernando López Aguilar, Lukas Sieper, Nikolina Brnjac, Vytenis Povilas Andriukaitis and Nils Ušakovs.

    The following spoke: Piotr Serafin, Siegfried Mureşan and Carla Tavares.

    The debate closed.

    Vote: 7 May 2025.


    10. Discharge 2023 (joint debate)

    Discharge 2023: EU general budget – Commission, executive agencies and European Development Funds
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section III – Commission, executive agencies and the ninth, tenth and eleventh European Development Funds [COM(2024)0272 – C10-0067/2024 – 2024/2019(DEC)] – Committee on Budgetary Control. Rapporteur: Niclas Herbst (A10-0074/2025)

    Discharge 2023: EU general budget – European Parliament
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section I – European Parliament [COM(2024)0272 – C10-0068/2024 – 2024/2020(DEC)] – Committee on Budgetary Control. Rapporteur: Monika Hohlmeier (A10-0062/2025)

    Discharge 2023: EU general budget – European Council and Council
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section II – European Council and Council [COM(2024)0272 – C10-0069/2024 – 2024/2021(DEC)] – Committee on Budgetary Control. Rapporteur: Joachim Stanisław Brudziński (A10-0052/2025)

    Discharge 2023: EU general budget – Court of Justice of the European Union
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section IV – Court of Justice [COM(2024)0272 – C10-0070/2024 – 2024/2022(DEC)] – Committee on Budgetary Control. Rapporteur: Cristian Terheş (A10-0050/2025)

    Discharge 2023: EU general budget – Court of Auditors
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section V – Court of Auditors [COM(2024)0272 – C10-0071/2024 – 2024/2023(DEC)] – Committee on Budgetary Control. Rapporteur: Dick Erixon (A10-0047/2025)

    Discharge 2023: EU general budget – European Economic and Social Committee
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section VI – European Economic and Social Committee [COM(2024)0272 – C10-0073/2024 – 2024/2025(DEC)] – Committee on Budgetary Control. Rapporteur: Joachim Stanisław Brudziński (A10-0054/2025)

    Discharge 2023: EU general budget – Committee of the Regions
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section VII – Committee of the Regions [COM(2024)0272 – C10-0074/2024 – 2024/2026(DEC)] – Committee on Budgetary Control. Rapporteur: Joachim Stanisław Brudziński (A10-0046/2025)

    Discharge 2023: EU general budget – European Ombudsman
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section VIII – European Ombudsman [COM(2024)0272 – C10-0075/2024 – 2024/2027(DEC)] – Committee on Budgetary Control. Rapporteur: Joachim Stanisław Brudziński (A10-0055/2025)

    Discharge 2023: EU general budget – European Data Protection Supervisor
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section IX – European Data Protection Supervisor [COM(2024)0272 – C10-0076/2024 – 2024/2028(DEC)] – Committee on Budgetary Control. Rapporteur: Joachim Stanisław Brudziński (A10-0053/2025)

    Discharge 2023: EU general budget – European External Action Service
    Report on discharge in respect of the implementation of the general budget of the European Union for the financial year 2023, Section X – European External Action Service [COM(2024)0272 – C10-0072/2024 – 2024/2024(DEC)] – Committee on Budgetary Control. Rapporteur: Joachim Stanisław Brudziński (A10-0069/2025)

    Discharge 2023: European Public Prosecutor’s Office
    Report on discharge in respect of the implementation of the budget of the European Public Prosecutor’s Office for the financial year 2023 [COM(2024)0272 – C10-0077/2024 – 2024/2029(DEC)] – Committee on Budgetary Control. Rapporteur: Tomáš Zdechovský (A10-0051/2025)

    Discharge 2023: Agencies
    Report on discharge in respect of the implementation of the budget of the European Union Agencies for the financial year 2023 [COM(2024)0272 – C10-0078/2024 – 2024/2030(DEC)] – Committee on Budgetary Control. Rapporteur: Erik Marquardt (A10-0065/2025)

    Discharge 2023: Joint Undertakings
    Report on discharge in respect of the implementation of the budget of the EU joint undertakings for the financial year 2023 [COM(2024)0272 – C10-0079/2024 – 2024/2031(DEC)] – Committee on Budgetary Control. Rapporteur: Michal Wiezik (A10-0056/2025)

    Niclas Herbst, Joachim Stanisław Brudziński, Cristian Terheş, Dick Erixon, Monika Hohlmeier, Tomáš Zdechovský, Erik Marquardt and Michal Wiezik introduced the reports.

    The following spoke: Adam Szłapka (President-in-Office of the Council), Piotr Serafin (Member of the Commission) and Tony Murphy (President of the Court of Auditors).

    The following spoke: Michael Gahler (rapporteur for the opinion of the AFET Committee).

    IN THE CHAIR: Martin HOJSÍK
    Vice-President

    The following spoke: Romana Tomc (rapporteur for the opinion of the EMPL Committee), Antonio Decaro (rapporteur for the opinion of the ENVI Committee), Gheorghe Falcă (rapporteur for the opinion of the TRAN Committee), Giuseppe Lupo (rapporteur for the opinion of the PECH Committee), Nela Riehl (rapporteur for the opinion of the CULT Committee), Sven Simon (rapporteur for the opinion of the AFCO Committee), Tomáš Zdechovský (rapporteur for the opinion of the LIBE Committee), Lina Gálvez (rapporteur for the opinion of the FEMM Committee), Dirk Gotink, on behalf of the PPE Group, Mohammed Chahim, on behalf of the S&D Group, Julien Sanchez, on behalf of the PfE Group, Marco Squarta, on behalf of the ECR Group, Olivier Chastel, on behalf of the Renew Group, Daniel Freund, on behalf of the Verts/ALE Group, Jonas Sjöstedt, on behalf of The Left Group, Sarah Knafo, on behalf of the ESN Group, Kinga Kollár, Carla Tavares, Angéline Furet, Bert-Jan Ruissen, Gilles Boyer, Pasquale Tridico, Arno Bausemer, who also answered a blue-card question from Lukas Sieper, Céline Imart, José Cepeda, Anders Vistisen, Marion Maréchal, Gerben-Jan Gerbrandy, Marit Maij, Nikola Bartůšek, Maciej Wąsik, Christophe Clergeau, Fabrice Leggeri, Gheorghe Piperea, Evin Incir and Tiago Moreira de Sá.

    IN THE CHAIR: Pina PICIERNO
    Vice-President

    The following spoke: Fernand Kartheiser, Nils Ušakovs and Csaba Dömötör.

    The following spoke under the catch-the-eye procedure: Juan Fernando López Aguilar, Sebastian Tynkkynen and Lukas Sieper.

    The following spoke: Tony Murphy, Piotr Serafin, Adam Szłapka, Niclas Herbst, Monika Hohlmeier, Joachim Stanisław Brudziński, Cristian Terheş, Dick Erixon, Tomáš Zdechovský, Erik Marquardt and Michal Wiezik.

    The debate closed.

    Vote: 7 May 2025.


    11. Protecting Greenland’s right to decide its own future and maintain the rule-based world order (debate)

    Statement by the Vice-President of the Commission/High Representative of the Union for Foreign Affairs and Security Policy: Protecting Greenland’s right to decide its own future and maintain the rule-based world order (2025/2689(RSP))

    Kaja Kallas (Vice President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy) made the statement.

    The following spoke: Henrik Dahl, on behalf of the PPE Group, Christel Schaldemose, on behalf of the S&D Group, Anders Vistisen, on behalf of the PfE Group, Kristoffer Storm, on behalf of the ECR Group, Stine Bosse, on behalf of the Renew Group, Villy Søvndal, on behalf of the Verts/ALE Group, Emma Fourreau, on behalf of The Left Group, Niels Flemming Hansen, Yannis Maniatis, Pierre-Romain Thionnet, Urmas Paet, Ignazio Roberto Marino, Per Clausen, David McAllister, Niels Fuglsang, Morten Løkkegaard, Michael Gahler, Tonino Picula, Michał Szczerba, Mika Aaltola and Jüri Ratas.

    The following spoke under the catch-the-eye procedure: Juan Fernando López Aguilar, Pernando Barrena Arza and Lukas Sieper.

    The following spoke: Kaja Kallas.

    The debate closed.


    12. An urgent assessment of the applicability of the Political Dialogue and Cooperation Agreement (PDCA) with Cuba (debate)

    Statement by the Vice-President of the Commission/High Representative of the Union for Foreign Affairs and Security Policy: An urgent assessment of the applicability of the Political Dialogue and Cooperation Agreement (PDCA) with Cuba (2025/2697(RSP))

    Kaja Kallas (Vice President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy) made the statement.

    The following spoke: Gabriel Mato, on behalf of the PPE Group, Leire Pajín, on behalf of the S&D Group, Hermann Tertsch, on behalf of the PfE Group (the President reminded the speaker of the rules on conduct), Arkadiusz Mularczyk, on behalf of the ECR Group, Oihane Agirregoitia Martínez, on behalf of the Renew Group, Ana Miranda Paz, on behalf of the Verts/ALE Group, Irene Montero, on behalf of The Left Group, and Elena Nevado del Campo.

    IN THE CHAIR: Antonella SBERNA
    Vice-President

    The following spoke: Nacho Sánchez Amor, Nora Junco García, who also answered a blue-card question from Anthony Smith, Pernando Barrena Arza, Ľuboš Blaha, who also answered blue-card questions from Arkadiusz Mularczyk and Anthony Smith, Alice Teodorescu Måwe, Francisco Assis, Mariusz Kamiński, Martin Sonneborn, Antonio López-Istúriz White and Francisco José Millán Mon.

    The following spoke under the catch-the-eye procedure: Jaume Asens Llodrà, João Oliveira, Maria Zacharia, Leila Chaibi, Lefteris Nikolaou-Alavanos, Kateřina Konečná and Lukas Sieper.

    The following spoke: Kaja Kallas.

    The debate closed.


    13. The European Water Resilience Strategy (debate)

    Report on the European Water Resilience Strategy [2024/2104(INI)] – Committee on the Environment, Climate and Food Safety. Rapporteur: Thomas Bajada (A10-0073/2025)

    Thomas Bajada introduced the report.

    The following spoke: Jessika Roswall (Member of the Commission).

    The following spoke: Michal Wiezik (rapporteur for the opinion of the AGRI Committee), Carmen Crespo Díaz, on behalf of the PPE Group, Christophe Clergeau, on behalf of the S&D Group, Mireia Borrás Pabón, on behalf of the PfE Group, Alexandr Vondra, on behalf of the ECR Group, Grégory Allione, on behalf of the Renew Group, Jutta Paulus, on behalf of the Verts/ALE Group (the President reminded the House of the rules on conduct), Giorgos Georgiou, on behalf of The Left Group, Anja Arndt, on behalf of the ESN Group, Peter Liese, Annalisa Corrado, André Rougé, Anna Zalewska, Ana Vasconcelos, Tilly Metz, Emma Fourreau, Ingeborg Ter Laak, César Luena, Rody Tolassy, Claudiu-Richard Târziu, Emma Wiesner, Pär Holmgren, Dimitris Tsiodras, Heléne Fritzon, Mathilde Androuët, Paolo Inselvini, Jeannette Baljeu, Cristina Guarda, Lídia Pereira, Antonio Decaro, Esther Herranz García, Günther Sidl, Dan-Ştefan Motreanu, András Tivadar Kulja, Stefan Köhler and Sander Smit.

    The following spoke under the catch-the-eye procedure: Krzysztof Hetman.

    IN THE CHAIR: Nicolae ŞTEFĂNUȚĂ
    Vice-President

    The following spoke under the catch-the-eye procedure: Viktória Ferenc, Sebastian Tynkkynen, Ana Miranda Paz, Lukas Sieper, Kostas Papadakis and Maria Zacharia.

    The following spoke: Jessika Roswall and Thomas Bajada.

    The debate closed.

    Vote: 7 May 2025.


    14. 2023 and 2024 reports on Türkiye (debate)

    2023 and 2024 Commission reports on Türkiye [2025/2023(INI)] – Committee on Foreign Affairs. Rapporteur: Nacho Sánchez Amor (A10-0067/2025)

    Nacho Sánchez Amor introduced the report.

    The following spoke: Marta Kos (Member of the Commission).

    The following spoke: Isabel Wiseler-Lima, on behalf of the PPE Group, Yannis Maniatis, on behalf of the S&D Group, Nikola Bartůšek, on behalf of the PfE Group, Geadis Geadi, on behalf of the ECR Group, Malik Azmani, on behalf of the Renew Group, Vladimir Prebilič, on behalf of the Verts/ALE Group, Giorgos Georgiou, on behalf of The Left Group, Tomasz Froelich, on behalf of the ESN Group, Emmanouil Kefalogiannis, Joanna Scheuring-Wielgus, Afroditi Latinopoulou, Emmanouil Fragkos, Lucia Yar, Mélissa Camara, Özlem Demirel, Kostas Papadakis, Loucas Fourlas, Vivien Costanzo, Matthieu Valet, Tineke Strik, Jonas Sjöstedt, who also answered a blue-card question from Beatrice Timgren, Maria Zacharia, Alice Teodorescu Måwe, Evin Incir, Silvia Sardone, Fidias Panayiotou, Łukasz Kohut, Andreas Schieder, Elissavet Vozemberg-Vrionidi, Davor Ivo Stier, who also answered a blue-card question from Geadis Geadi, Reinhold Lopatka and Michalis Hadjipantela.

    The following spoke under the catch-the-eye procedure: Costas Mavrides, Sebastian Tynkkynen, Sebastian Everding and Nikolas Farantouris.

    The following spoke: Marta Kos.

    IN THE CHAIR: Younous OMARJEE
    Vice-President

    The following spoke: Nacho Sánchez Amor.

    The debate closed.

    Vote: 7 May 2025.


    15. Welcome

    On behalf of Parliament the President welcomed a group of young people from Serbia who had taken their seats in the distinguished visitors’ gallery.


    16. 2023 and 2024 reports on Serbia (debate)

    Report on the 2023 and 2024 Commission reports on Serbia [2025/2022(INI)] – Committee on Foreign Affairs. Rapporteur: Tonino Picula (A10-0072/2025)

    Tonino Picula introduced the report.

    The following spoke: Marta Kos (Member of the Commission).

    The following spoke: Davor Ivo Stier, on behalf of the PPE Group, Kathleen Van Brempt, on behalf of the S&D Group, Kinga Gál, on behalf of the PfE Group, Stephen Nikola Bartulica, on behalf of the ECR Group, Helmut Brandstätter, on behalf of the Renew Group, Vladimir Prebilič, on behalf of the Verts/ALE Group, Danilo Della Valle, on behalf of The Left Group, Michał Szczerba, Thijs Reuten, who also answered a blue-card question from Tomislav Sokol, António Tânger Corrêa, Cristian Terheş, Irena Joveva, Gordan Bosanac, Liudas Mažylis, Andreas Schieder, Annamária Vicsek, Matej Tonin, Thierry Mariani and Tomislav Sokol.

    The following spoke under the catch-the-eye procedure: Loucas Fourlas, Matjaž Nemec, Kristian Vigenin and Sebastian Tynkkynen.

    The following spoke: Marta Kos and Tonino Picula.

    The debate closed.

    Vote: 7 May 2025.


    17. 2023 and 2024 reports on Kosovo (debate)

    Report on the 2023 and 2024 Commission Reports on Kosovo [2025/2019(INI)] – Committee on Foreign Affairs. Rapporteur: Riho Terras (A10-0075/2025)

    Riho Terras introduced the report.

    The following spoke: Marta Kos (Member of the Commission).

    The following spoke: Davor Ivo Stier, on behalf of the PPE Group, Elio Di Rupo, on behalf of the S&D Group, Matthieu Valet, on behalf of the PfE Group, Ivaylo Valchev, on behalf of the ECR Group, Ilhan Kyuchyuk, on behalf of the Renew Group, Thomas Waitz, on behalf of the Verts/ALE Group, Merja Kyllönen, on behalf of The Left Group, Stanislav Stoyanov, on behalf of the ESN Group, Liudas Mažylis, Matjaž Nemec and Alexander Sell.

    The following spoke under the catch-the-eye procedure: Thijs Reuten and Sebastian Tynkkynen.

    The following spoke: Marta Kos and Riho Terras.

    The debate closed.

    Vote: 7 May 2025.


    18. Explanations of vote


    18.1. Written explanations of vote

    Explanations of vote submitted in writing under Rule 201 appear on the Members’ pages on Parliament’s website.


    19. Agenda of the next sitting

    The next sitting would be held the following day, 7 May 2025, starting at 09:00. The agenda was available on Parliament’s website.


    20. Approval of the minutes of the sitting

    In accordance with Rule 208(3), the minutes of the sitting would be put to the House for approval at the beginning of the afternoon of the next sitting.


    21. Closure of the sitting

    The sitting closed at 22:29.


    ATTENDANCE REGISTER

    Present:

    Aaltola Mika, Abadía Jover Maravillas, Adamowicz Magdalena, Aftias Georgios, Agirregoitia Martínez Oihane, Agius Peter, Agius Saliba Alex, Alexandraki Galato, Allione Grégory, Al-Sahlani Abir, Anadiotis Nikolaos, Anderson Christine, Andersson Li, Andresen Rasmus, Andrews Barry, Andriukaitis Vytenis Povilas, Androuët Mathilde, Angel Marc, Annemans Gerolf, Annunziata Lucia, Antoci Giuseppe, Arias Echeverría Pablo, Arimont Pascal, Arłukowicz Bartosz, Arnaoutoglou Sakis, Arndt Anja, Arvanitis Konstantinos, Asens Llodrà Jaume, Assis Francisco, Attard Daniel, Aubry Manon, Auštrevičius Petras, Axinia Adrian-George, Azmani Malik, Bajada Thomas, Baljeu Jeannette, Ballarín Cereza Laura, Bardella Jordan, Barna Dan, Barrena Arza Pernando, Bartulica Stephen Nikola, Bartůšek Nikola, Bausemer Arno, Bay Nicolas, Bay Christophe, Beke Wouter, Beleris Fredis, Bellamy François-Xavier, Benea Dragoş, Benifei Brando, Benjumea Benjumea Isabel, Beňová Monika, Berendsen Tom, Berger Stefan, Berlato Sergio, Bernhuber Alexander, Biedroń Robert, Bielan Adam, Bischoff Gabriele, Blaha Ľuboš, Blinkevičiūtė Vilija, Blom Rachel, Bloss Michael, Bocheński Tobiasz, Boeselager Damian, Bogdan Ioan-Rareş, Bonaccini Stefano, Bonte Barbara, Borchia Paolo, Borrás Pabón Mireia, Borvendég Zsuzsanna, Borzan Biljana, Bosanac Gordan, Boßdorf Irmhild, Bosse Stine, Botenga Marc, Boyer Gilles, Boylan Lynn, Brandstätter Helmut, Brasier-Clain Marie-Luce, Bricmont Saskia, Brnjac Nikolina, Brudziński Joachim Stanisław, Bryłka Anna, Buchheit Markus, Buczek Tomasz, Buda Daniel, Buda Waldemar, Budka Borys, Bugalho Sebastião, Buła Andrzej, Bullmann Udo, Burkhardt Delara, Buxadé Villalba Jorge, Bystron Petr, Bžoch Jaroslav, Camara Mélissa, Canfin Pascal, Carberry Nina, Cârciu Gheorghe, Carême Damien, Casa David, Caspary Daniel, Cassart Benoit, Castillo Laurent, del Castillo Vera Pilar, Cavazzini Anna, Cepeda José, Ceulemans Estelle, Chahim Mohammed, Chaibi Leila, Chastel Olivier, Chinnici Caterina, Christensen Asger, Cifrová Ostrihoňová Veronika, Ciriani Alessandro, Cisint Anna Maria, Clausen Per, Clergeau Christophe, Cormand David, Corrado Annalisa, Costanzo Vivien, Cotrim De Figueiredo João, Cowen Barry, Cremer Tobias, Crespo Díaz Carmen, Cristea Andi, Crosetto Giovanni, Cunha Paulo, Dahl Henrik, Danielsson Johan, Dauchy Marie, Dávid Dóra, David Ivan, Decaro Antonio, de la Hoz Quintano Raúl, Della Valle Danilo, Deloge Valérie, De Masi Fabio, De Meo Salvatore, Demirel Özlem, Deutsch Tamás, Devaux Valérie, Dibrani Adnan, Diepeveen Ton, Dieringer Elisabeth, Dîncu Vasile, Di Rupo Elio, Disdier Mélanie, Dobrev Klára, Doherty Regina, Doleschal Christian, Dömötör Csaba, Do Nascimento Cabral Paulo, Donazzan Elena, Dorfmann Herbert, Dostalova Klara, Dostál Ondřej, Droese Siegbert Frank, Dworczyk Michał, Ecke Matthias, Ehler Christian, Ehlers Marieke, Eriksson Sofie, Erixon Dick, Eroglu Engin, Estaràs Ferragut Rosa, Everding Sebastian, Falcă Gheorghe, Falcone Marco, Farantouris Nikolas, Farreng Laurence, Farský Jan, Ferber Markus, Ferenc Viktória, Fernández Jonás, Fidanza Carlo, Fiocchi Pietro, Firea Gabriela, Firmenich Ruth, Fita Claire, Fourlas Loucas, Fourreau Emma, Fragkos Emmanouil, Freund Daniel, Frigout Anne-Sophie, Fritzon Heléne, Froelich Tomasz, Fuglsang Niels, Funchion Kathleen, Furet Angéline, Furore Mario, Gahler Michael, Gál Kinga, Galán Estrella, Gálvez Lina, Gambino Alberico, García Hermida-Van Der Walle Raquel, Garraud Jean-Paul, Gasiuk-Pihowicz Kamila, Geadi Geadis, Gedin Hanna, Geese Alexandra, Geier Jens, Geisel Thomas, Gemma Chiara, Georgiou Giorgos, Gerbrandy Gerben-Jan, Germain Jean-Marc, Gerzsenyi Gabriella, Geuking Niels, Gieseke Jens, Giménez Larraz Borja, Girauta Vidal Juan Carlos, Glavak Sunčana, Glück Andreas, Glucksmann Raphaël, Goerens Charles, Gomes Isilda, Gómez López Sandra, Gonçalves Bruno, Gonçalves Sérgio, González Casares Nicolás, González Pons Esteban, Gori Giorgio, Gosiewska Małgorzata, Gotink Dirk, Gozi Sandro, Grapini Maria, Gražulis Petras, Grims Branko, Griset Catherine, Gronkiewicz-Waltz Hanna, Grossmann Elisabeth, Grudler Christophe, Gualmini Elisabetta, Guarda Cristina, Guetta Bernard, Győri Enikő, Gyürk András, Hadjipantela Michalis, Hahn Svenja, Haider Roman, Halicki Andrzej, Hansen Niels Flemming, Hauser Gerald, Häusling Martin, Hava Mircea-Gheorghe, Heide Hannes, Heinäluoma Eero, Henriksson Anna-Maja, Herbst Niclas, Herranz García Esther, Hetman Krzysztof, Hohlmeier Monika, Hojsík Martin, Holmgren Pär, Hölvényi György, Homs Ginel Alicia, Humberto Sérgio, Imart Céline, Incir Evin, Inselvini Paolo, Iovanovici Şoşoacă Diana, Jamet France, Jarubas Adam, Jerković Romana, Jongen Marc, Joński Dariusz, Jouvet Pierre, Joveva Irena, Juknevičienė Rasa, Junco García Nora, Jungbluth Alexander, Kabilov Taner, Kalfon François, Kaliňák Erik, Kaljurand Marina, Kalniete Sandra, Kamiński Mariusz, Karlsbro Karin, Kartheiser Fernand, Karvašová Ľubica, Katainen Elsi, Kefalogiannis Emmanouil, Kelleher Billy, Keller Fabienne, Kelly Seán, Kennes Rudi, Khan Mary, Kircher Sophia, Knafo Sarah, Knotek Ondřej, Kobosko Michał, Köhler Stefan, Kohut Łukasz, Kokalari Arba, Kolář Ondřej, Kollár Kinga, Kols Rihards, Konečná Kateřina, Kopacz Ewa, Körner Moritz, Kountoura Elena, Kovařík Ondřej, Kovatchev Andrey, Krištopans Vilis, Kruis Sebastian, Krutílek Ondřej, Kubín Tomáš, Kuhnke Alice, Kulja András Tivadar, Kulmuni Katri, Kyllönen Merja, Kyuchyuk Ilhan, Lakos Eszter, Lalucq Aurore, Lange Bernd, Langensiepen Katrin, Laššáková Judita, László András, Latinopoulou Afroditi, Laurent Murielle, Laureti Camilla, Laykova Rada, Lazarov Ilia, Le Callennec Isabelle, Leggeri Fabrice, Lenaers Jeroen, Leonardelli Julien, Lewandowski Janusz, Lexmann Miriam, Liese Peter, Lins Norbert, Loiseau Nathalie, Løkkegaard Morten, Lopatka Reinhold, López Javi, López Aguilar Juan Fernando, López-Istúriz White Antonio, Lövin Isabella, Lucano Mimmo, Luena César, Łukacijewska Elżbieta Katarzyna, Lupo Giuseppe, McAllister David, Madison Jaak, Maestre Cristina, Magoni Lara, Magyar Péter, Maij Marit, Maląg Marlena, Manda Claudiu, Mandl Lukas, Maniatis Yannis, Mantovani Mario, Maran Pierfrancesco, Marczułajtis-Walczak Jagna, Maréchal Marion, Mariani Thierry, Marino Ignazio Roberto, Marquardt Erik, Martusciello Fulvio, Marzà Ibáñez Vicent, Mato Gabriel, Mavrides Costas, Maydell Eva, Mayer Georg, Mazurek Milan, Mažylis Liudas, McNamara Michael, Mebarek Nora, Mehnert Alexandra, Meimarakis Vangelis, Meleti Eleonora, Mendes Ana Catarina, Mendia Idoia, Mertens Verena, Mesure Marina, Metsola Roberta, Metz Tilly, Mikser Sven, Milazzo Giuseppe, Millán Mon Francisco José, Minchev Nikola, Miranda Paz Ana, Molnár Csaba, Montero Irene, Montserrat Dolors, Morace Carolina, Morano Nadine, Moratti Letizia, Moreira de Sá Tiago, Moreno Sánchez Javier, Moretti Alessandra, Motreanu Dan-Ştefan, Mularczyk Arkadiusz, Müller Piotr, Mullooly Ciaran, Mureşan Siegfried, Muşoiu Ştefan, Nagyová Jana, Nardella Dario, Navarrete Rojas Fernando, Negrescu Victor, Nemec Matjaž, Nerudová Danuše, Nesci Denis, Neuhoff Hans, Neumann Hannah, Nevado del Campo Elena, Nica Dan, Niebler Angelika, Niedermayer Luděk, Niinistö Ville, Nikolaou-Alavanos Lefteris, Nikolic Aleksandar, Ní Mhurchú Cynthia, Noichl Maria, Nordqvist Rasmus, Novakov Andrey, Nykiel Mirosława, Obajtek Daniel, Ódor Ľudovít, Oetjen Jan-Christoph, Ohisalo Maria, Oliveira João, Olivier Philippe, Omarjee Younous, Ondruš Branislav, Ó Ríordáin Aodhán, Ozdoba Jacek, Paet Urmas, Pajín Leire, Palmisano Valentina, Panayiotou Fidias, Papadakis Kostas, Pappas Nikos, Pascual de la Parte Nicolás, Paulus Jutta, Pedro Ana Miguel, Pedulla’ Gaetano, Pellerin-Carlin Thomas, Peltier Guillaume, Penkova Tsvetelina, Pennelle Gilles, Pereira Lídia, Peter-Hansen Kira Marie, Petrov Hristo, Picaro Michele, Picierno Pina, Picula Tonino, Piera Pascale, Pietikäinen Sirpa, Pimpie Pierre, Piperea Gheorghe, de la Pisa Carrión Margarita, Pokorná Jermanová Jaroslava, Polato Daniele, Polfjärd Jessica, Popescu Virgil-Daniel, Pozņaks Reinis, Prebilič Vladimir, Princi Giusi, Protas Jacek, Pürner Friedrich, Rackete Carola, Radev Emil, Radtke Dennis, Rafowicz Emma, Ratas Jüri, Razza Ruggero, Rechagneux Julie, Regner Evelyn, Repasi René, Repp Sabrina, Ressler Karlo, Reuten Thijs, Riba i Giner Diana, Ricci Matteo, Ridel Chloé, Riehl Nela, Ripa Manuela, Rodrigues André, Ros Sempere Marcos, Roth Neveďalová Katarína, Rougé André, Ruissen Bert-Jan, Ruotolo Sandro, Rzońca Bogdan, Saeidi Arash, Salini Massimiliano, Salis Ilaria, Salla Aura, Sánchez Amor Nacho, Sanchez Julien, Sancho Murillo Elena, Saramo Jussi, Sardone Silvia, Šarec Marjan, Sargiacomo Eric, Satouri Mounir, Saudargas Paulius, Sbai Majdouline, Sberna Antonella, Schaldemose Christel, Schaller-Baross Ernő, Schenk Oliver, Scheuring-Wielgus Joanna, Schieder Andreas, Schilling Lena, Schneider Christine, Schnurrbusch Volker, Schwab Andreas, Scuderi Benedetta, Seekatz Ralf, Sell Alexander, Serrano Sierra Rosa, Sidl Günther, Sienkiewicz Bartłomiej, Sieper Lukas, Simon Sven, Singer Christine, Sinkevičius Virginijus, Sippel Birgit, Sjöstedt Jonas, Śmiszek Krzysztof, Smith Anthony, Smit Sander, Sokol Tomislav, Solier Diego, Solís Pérez Susana, Sommen Liesbet, Sonneborn Martin, Sorel Malika, Sousa Silva Hélder, Søvndal Villy, Squarta Marco, Staķis Mārtiņš, Stancanelli Raffaele, Ştefănuță Nicolae, Steger Petra, Stier Davor Ivo, Storm Kristoffer, Stöteler Sebastiaan, Stoyanov Stanislav, Strack-Zimmermann Marie-Agnes, Strada Cecilia, Streit Joachim, Strik Tineke, Strolenberg Anna, Sturdza Şerban Dimitrie, Stürgkh Anna, Sypniewski Marcin, Szczerba Michał, Szekeres Pál, Szydło Beata, Tamburrano Dario, Tânger Corrêa António, Tarczyński Dominik, Tarquinio Marco, Tarr Zoltán, Târziu Claudiu-Richard, Tavares Carla, Tegethoff Kai, Teodorescu Georgiana, Teodorescu Måwe Alice, Terheş Cristian, Ter Laak Ingeborg, Terras Riho, Tertsch Hermann, Thionnet Pierre-Romain, Timgren Beatrice, Tinagli Irene, Tobback Bruno, Tobé Tomas, Tolassy Rody, Tomac Eugen, Tomašič Zala, Tomaszewski Waldemar, Tomc Romana, Tonin Matej, Toom Jana, Topo Raffaele, Torselli Francesco, Tosi Flavio, Toussaint Marie, Tovaglieri Isabella, Tridico Pasquale, Trochu Laurence, Tsiodras Dimitris, Tudose Mihai, Turek Filip, Tynkkynen Sebastian, Uhrík Milan, Ušakovs Nils, Vaidere Inese, Valchev Ivaylo, Vălean Adina, Valet Matthieu, Van Brempt Kathleen, Van Brug Anouk, van den Berg Brigitte, Vandendriessche Tom, Van Dijck Kris, Van Lanschot Reinier, Van Leeuwen Jessika, Vannacci Roberto, Van Overtveldt Johan, Van Sparrentak Kim, Varaut Alexandre, Vasconcelos Ana, Vasile-Voiculescu Vlad, Vautmans Hilde, Vedrenne Marie-Pierre, Verougstraete Yvan, Veryga Aurelijus, Vicsek Annamária, Vieira Catarina, Vigenin Kristian, Vilimsky Harald, Vincze Loránt, Vind Marianne, Vistisen Anders, Vivaldini Mariateresa, Volgin Petar, von der Schulenburg Michael, Vondra Alexandr, Voss Axel, Vozemberg-Vrionidi Elissavet, Vrecionová Veronika, Vázquez Lázara Adrián, Waitz Thomas, Walsh Maria, Walsmann Marion, Warborn Jörgen, Warnke Jan-Peter, Wąsik Maciej, Wawrykiewicz Michał, Wcisło Marta, Wechsler Andrea, Weimers Charlie, Werbrouck Séverine, Wiesner Emma, Wiezik Michal, Winkler Iuliu, Winzig Angelika, Wiseler-Lima Isabel, Wiśniewska Jadwiga, Wölken Tiemo, Wolters Lara, Yar Lucia, Yon-Courtin Stéphanie, Yoncheva Elena, Zacharia Maria, Zalewska Anna, Žalimas Dainius, Zan Alessandro, Zarzalejos Javier, Zdechovský Tomáš, Zdrojewski Bogdan Andrzej, Zijlstra Auke, Zīle Roberts, Zingaretti Nicola, Złotowski Kosma, Zoido Álvarez Juan Ignacio, Zovko Željana, Zver Milan

    Excused:

    Verheyen Sabine

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – Vote in CONT: Possibilities for simplification of cohesion funds – Committee on Budgetary Control

    Source: European Parliament

    Cohesion policy © Image used under license of AdobeStock

    On 14 May 2025, the Members of the Committee on Budgetary Control will vote on the draft opinion to the own-initiative report of the REGI Committee on possibilities for simplification of cohesion funds.

    Cohesion policy is the EU’s main investment policy, amounting to almost 1/3 of the EU’s multiannual financial framework(MFF) for 2021-2027. Regrettably, cohesion is one of the spending areas with the highest level of errors: the ECA’s estimated error rate for expenditure from Heading 2 in the financial year 2023 is 9.3%. In his draft opinion, the CONT Rapporteur underlined that simplification should be the guiding principle in cohesion and insisted that simplification should never come at the expense of sound financial management, control or transparency requirements. To ensure this, the Rapporteur has proposed 18 amendments to the REGI draft INI report, including recommendations to invest in the capacity of managing authorities with a view to also strengthening the single audit approach, to introduce further simplification measures for small beneficiaries, and to develop digital and automated systems for reporting, monitoring and audit and ensure their systematic use by Member States.

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – BUDG-CONT-ECON – Presentation of Court of Auditors Report on EFSI – 13.05 – Committee on Budgets

    Source: European Parliament

    © Image used under license from Adobe Stock

    On 13 May 2025, the BUDG, CONT and ECON Committees have invited Mr L. Christoforou, Member responsible at the European Court of Auditors (ECA), to present its Special report 07/2025 on “The European Fund for Strategic Investments – Contributed substantially to addressing the investment gap, but had not fully reached the €500 billion target in the real economy by the end of 2022”.

    Launched in 2015 by the European Commission and the European Investment Bank (EIB), the European Fund for Strategic Investments (EFSI) aimed at tackling the investment shortfall within the EU after the financial crisis, by mobilising an additional €500 billion in investments by 2022 through various debt and equity instruments. The initiative was supported by a €26 billion EU budgetary guarantee and €7.5 billion in EIB resources. According to ECA’ special report the programme made significant strides in addressing the investment gap. However, it fell short of its target, with an estimated overstatement of the reported amount of €503 billion by €131 billion (26%). This presentation will provide an opportunity for the ECA to share its findings and discuss them with the BUDG, CONT and ECON Members.

    MIL OSI Europe News –

  • MIL-OSI Europe: EIB signs agreement with EBRD to strengthen impact of projects around the world

    Source: European Investment Bank

    The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have deepened their long-standing partnership by signing a Mutual Reliance Agreement on environmental and social aspects. The agreement will  make it easier to finance projects together and get them off the ground more  quickly in common countries of operation. It  will also reduce red tape for our our clients.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – EP TODAY – Wednesday 7 May

    Source: European Parliament

    Securing a just peace in Ukraine

    At 9:00, MEPs, Commission President von der Leyen and Polish Minister for EU Affairs Szłapka will discuss how the EU can contribute to achieving a just, sustainable, and comprehensive peace deal for Ukraine. The debate is set to focus on the EU’s political, financial and military support for Ukraine, and its role in efforts to secure a peace settlement that preserves Ukraine’s sovereignty and territorial integrity and is based on international law.

    Viktor ALMQVIST

    (+32) 470 88 29 42

    Snjezana KOBESCAK SMODIS

    (+32) 470 96 08 19

    @EP_ForeignAff

    @EP_Defence

    Parliament to mark the 80th anniversary of the end of World War II in Europe

    To commemorate the end of World War II in Europe, a flag raising will take place on the WEISS esplanade at 10:30, followed by a wreath laying ceremony by Presidents Metsola and Costa and World War II veterans. At 11:30, President Metsola will address plenary, followed by statements by President Costa and three war veterans from Belgium and Poland.

    Andreas KLEINER

    (+32) 498 98 33 22

    Estefania NARRILLOS

    (+32) 498 98 39 85

    @EuroParlPress

    Parliament’s priorities for post-2027 long-term EU budget: vote on a resolution

    At noon, MEPs are set to adopt a resolution outlining their vision and demands for the EU’s 2028-2034 budget. The draft text calls on the EU to deliver on the rising expectations of citizens for EU action and adopt a flexible post-2027 budget that reflects current geopolitical, economic, and environmental realities. A press conference with EP President Metsola and the two rapporteurs will take place at 14.00.

    Eszter ZALÁN

    (+32) 477 99 20 73

    @EP_Budgets

    In brief

    Gas supply. In the early evening, MEPs and Commissioner Jørgensen will debate a proposal to prolong rules on gas storage refilling to address gas market speculation and bring down prices. The vote will take place on Thursday.

    Iberian peninsula electricity blackout. In a debate at around 15:30, MEPs will discuss with Commissioner Jørgensen and Polish Minister Szłapka how to improve electricity grid resilience and interconnections in the wake of the recent blackout incident.

    TikTok. MEPs and Commissioner McGrath will debate the fine against TikTok and the need to strengthen the protection of citizens’ rights on social media platforms, from round 20:30.

    Malta’s ‘golden passport’ scheme. In the late afternoon, Parliament, Commissioner McGrath and Polish Minister Szłapka will debate the follow-up to the EU Court of Justice verdict that Malta’s citizenship by investment programme is illegal.

    Erdoğan/Cyprus. In the evening, plenary will assess the illegal visit of President Erdoğan to the occupied areas of Cyprus in a debate with Commissioner Várhelyi.

    Increase in food prices. Earlier in the afternoon, MEPs will discuss with Commissioner Kadis and Polish Minister Szłapka how high levels of retail food prices are affecting European consumers.

    Human rights. In the evening, Parliament will debate the arrest and risk of execution of Tundu Lissu, Chair of Chadema, the main opposition party in Tanzania; the return of Ukrainian children forcibly transferred and deported by Russia; and violations of religious freedom in Tibet. MEPs will vote on three separate resolutions on Thursday.

    Votes

    At noon, MEPs will vote, among other files, on:

    • the management of the 2023 EU budget by the Commission and other EU institutions and agencies;
    • the 2023 and 2024 reports on Türkiye, Serbia and Kosovo; and
    • the European water resilience strategy.

    Live coverage of the plenary session can be found on Parliament’s webstreaming site and on EbS+.

    For detailed information on the session, please also see our newsletter.

    Find more information regarding plenary.

    MIL OSI Europe News –