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Category: Entertainment

  • MIL-OSI: Evolution Petroleum Schedules Fiscal Third Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) (“Evolution” or the “Company”) today announced that it plans to release its fiscal third quarter 2025 financial and operating results on Tuesday, May 13, 2025, after the market closes. Additionally, Kelly Loyd, President and Chief Executive Officer, Ryan Stash, Senior Vice President, Chief Financial Officer, and Treasurer, and Mark Bunch, Senior Vice President and Chief Operating Officer, will review the results on a conference call at 10:00 a.m. Central Time on Wednesday, May 14, 2025.

    Conference Call and Webcast Details

    Date: Wednesday, May 14, 2025
    Time: 10:00 a.m. Central Time
    Dial-In: (844) 481-2813
    International Dial-In: (412) 317-0677
    Note: Dial-in participants should ask to join the Evolution Petroleum Corporation call.
    Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=ASNQRrWs

    A webcast replay will be available through May 14, 2026, via the webcast link above and on Evolution’s website at www.ir.evolutionpetroleum.com.

    About Evolution Petroleum

    Evolution Petroleum Corporation is an independent energy company focused on maximizing total shareholder returns through the ownership of and investment in onshore oil and natural gas properties in the U.S. The Company aims to build and maintain a diversified portfolio of long-life oil and natural gas properties through acquisitions, selective development opportunities, production enhancements, and other exploitation efforts. Visit www.evolutionpetroleum.com for more information.

    Contact
    Investor Relations
    (713) 935-0122
    ir@evolutionpetroleum.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

    April 25, 2025
  • MIL-OSI United Kingdom: Public invited to line Mall for VE Day 80 procession and fly past

    Source: United Kingdom – Government Statements

    Press release

    Public invited to line Mall for VE Day 80 procession and fly past

    Members of the public are able to watch the VE Day 80 military procession taking place on Monday 5 May

    • More than 1,300 members of the Armed Forces, uniformed services and young people will march from Parliament Square to Buckingham Palace
    • Procession on Bank Holiday Monday begins with a performance of a Churchill speech and finishes with a flypast including the world-famous Red Arrows
    • Public encouraged to host a street party as part of the Great British Food Festival

    Commemorations to mark 80 years since the end of the Second World War in Europe, known as Victory in Europe (VE) Day, will kick off on Monday 5 May with a military procession featuring 1,300 members of the Armed Forces and thousands of members of the public watching along the Mall.

    The events will pay tribute to the millions of people across the UK and Commonwealth who served in the Second World War, telling the stories of those who fought, the children who were evacuated, and those who stepped into the essential roles on the Home Front.

    The procession will begin in Parliament Square when Big Ben strikes midday, and an actor will recite extracts from the iconic Winston Churchill VE Day speech. A young person will then pass the Commonwealth War Graves Torch for Peace to Alan Kennett, 100, a Second World War veteran who served in the Normandy campaign. The Torch for Peace is an enduring symbol, honouring the contributions made by individuals, which will act as a baton to pass and share stories to future generations.

    The Household Cavalry Mounted Regiment and The King’s Troop, Royal Horse Artillery will then lead the procession from Parliament Square, down Whitehall and past the Cenotaph which will be dressed in Union Flags, through Admiralty Arch and up The Mall through to Buckingham Palace where the procession will finish.

    They will be followed by a tri-service procession group featuring marching members of the Royal Navy, the Royal Marines, the British Army and the Royal Air Force. Cadets from all three services and other uniformed youth groups will also take part in the procession to ensure the message of VE Day is handed down to a new generation.

    The Prime Minister and Second World War veterans supported by the Royal British Legion will watch the procession from a specially built dais on the Queen Victoria Memorial.

    The procession will conclude with the Mall being filled with members of the public and a fly past featuring the Red Arrows and 23 current and historic military aircraft.

    VE Day 80 street parties, picnics and community get togethers are being encouraged to take place across the country as part of the Great British Food Festival, led by the Together Coalition and the Big Lunch in partnership with the Department for Culture, Media and Sport.

    Culture Secretary Lisa Nandy said:

    VE Day 80 is a chance for us to come together and celebrate our veterans and ensure their legacy of peace is passed on to future generations. Whether by watching on TV or having a street party with neighbours, everyone can take part. This is one of the last chances we have to say thank you to this generation of heroes and it is right that we do just that.

    Defence Secretary John Healey MP said:

    As we mark 80 years since the end of the Second World War in Europe, I look forward to joining our veterans, serving Armed Forces personnel and young people to remember the remarkable generation who defended the freedoms we enjoy today.

    Our whole nation is invited to join together to reflect on the sacrifices of all those who fought for peace and ensure their legacy is never forgotten.

    Alan Kennett, who travelled to Normandy with the Royal British Legion for D-Day 80, said:

    It is a huge honour to be part of the military procession to start the VE80 commemorations. I remember Battle of Britain pilot Johnnie Johnson bursting in and shouting ‘the war is over’. A big party soon followed, filled with lots of drinking and celebrating the news. The 80th anniversary of VE Day brings back so many memories, and it will be such a privilege to be there with everyone.

    Mark Atkinson, Director General of the Royal British Legion, said:

    The 80th anniversary of VE Day is a special moment for the country and the Royal British Legion is incredibly proud to put Second World War veterans at the heart of the commemorations. It’s important we remember those who went to war, who fought for the freedom of not just Europe but everywhere, and those who risked their lives and never made it back.

    Brendan Cox, co-Founder of the Together Coalition, said:

    VE Day 80 is a moment to celebrate our shared victory and remember the sacrifices it took. Whether it’s hosting a street party, sharing a meal, or writing a message of thanks to a veteran, this is a unique opportunity to thank those who served and to celebrate the values that hold us together. We’re proud to be supporting communities across the UK to mark this occasion in ways that are meaningful, joyful and inclusive. Most importantly, this is a moment for everyone to take part – regardless of background, age or postcode.

    The procession and flypast will be broadcast live on Monday 5 May. On Thursday 8 May, 80 years to the day since the end of the Second World War in Europe, a service will take place at Westminster Abbey followed by a concert in the evening on Horse Guards Parade in which stars of stage and screen will tell the story of the end of the war.

    Armed Forces of Commonwealth nations have been invited to join the procession to celebrate the contribution of people from throughout the Commonwealth to the allied effort during the Second World War. They will be led by The Band of the Irish Guards on parade.

    Military musicians on parade include The Band of the Household Cavalry Mounted Regiment, The Band of HM Royal Marines and a military band from the Royal Corps of Army Music.

    The flypast will include a Voyager transport aircraft, a P8 Poseidon surveillance aircraft, Typhoon and F-35 fighter jets  and will culminate with the iconic red, white, and blue smoke of the Royal Air Force’s Red Arrows.

    Historic Second World War-era aircraft from the Royal Air Force Battle of Britain Memorial Flight will also take part in the flypast.

    ENDS

    Notes to editors:

    Flypast details:

    • P8 Poseidon maritime reconnaissance aircraft has recently flown over the North Sea and North Atlantic to monitor Russian vessels near UK waters.
    • The UK’s fleet of Voyager aircraft has been extensively involved in our support to Ukraine, delivering tonnes of equipment to the Armed Forces of Ukraine and flying thousands of Ukrainian recruits to the UK for military training.
    • Typhoon fast jets are on standby 365 24/7 to protect UK airspace and frequently deploy overseas to help protect our allies from airborne threats as part of NATO Air Policing. Typhoons are currently deployed to Poland.
    • The F-35 Lightning is a fifth-generation fighter jet which deploy on board the Royal Navy’s aircraft carriers – HMS Prince of Wales set sail earlier this week on its eight-month deployment to the Indo-Pacific.

    Members of the public can find street parties and events near them on the governments VE Day 80 website at www.ve-vjday80.gov.uk

    The Royal British Legion has been given funding by DCMS to support veteran attendance at government led events in the UK to mark VE Day 80. This includes travel costs and welfare support.

    Read guidance for the public wishing to attend the procession in London

    As announced last week by the Prime Minister, pubs will be able to stay open an additional two hours on Thursday May 8 to celebrate. More information

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    Updates to this page

    Published 25 April 2025

    MIL OSI United Kingdom –

    April 25, 2025
  • MIL-OSI: Azerion Group publishes its 2024 Annual Report

    Source: GlobeNewswire (MIL-OSI)

     Azerion Group publishes its 2024 Annual Report 

    Amsterdam, 24 April 2025 – Azerion Group N.V. (EURONEXT:AZRN) today published its audited Annual Report for the financial year ended December 31, 2024. The 2024 Annual Report has been filed with the Dutch Authority for the Financial Markets (the AFM) and is available at www.azerion.com/reports/ as a PDF file as well as in the ESEF (European Single Electronic Format) and HTML format.

    The Annual Report confirmed the preliminary Full Year 2024 unaudited financial figures published on 28 February 2025 with revenue of €551.2 million and Adjusted EBITDA of €75.1 million in line with 2024 guidance. 

    The audited net loss of €(56.0) million differs from the preliminary unaudited financial figures (net loss €(35.4) million). This variance relates to the non-recurring accounting treatment associated with contingent earn-out conditions from the 2023 social card games portfolio divestment. The final disputed amount of the outstanding earn-out receivable as well as the anticipated due date could not be reasonably assessed at this moment. As a result, the Group restated the original financial asset of €21.9 million to €0 as of 31 December 2024 and any potential positive outcome from this dispute would improve the future net result of the Group.

    Group 2025 guidance remains unchanged. 2025 revenue is expected to be in the range of approximately €600 million to €650 million and Adjusted EBITDA is expected to be at least approximately €85 million.

    About Azerion
    Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe’s largest digital advertising and entertainment media platforms. Azerion brings global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high-quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners.

    Having its roots in Europe and with its headquarters in Amsterdam, Azerion has commercial teams based in 21 cities around the world to closely support our clients and partners to find and execute creative ways to make a real impact through advertising.

    For more information visit: www.azerion.com

    Contact:
    Investor Relations
    ir@azerion.com
    Media
    press@azerion.com

    Disclaimer

    This communication is for information purposes only. The information contained in this communication does not purport to be full or complete and, in particular, is not intended to form the basis of any investment decision. No reliance must be placed by any person for any purpose on the information contained in this communication or its accuracy, fairness or completeness. Azerion is not liable for any loss or damages of any nature ensuing from using, trusting or acting on the information contained in this communication

    The MIL Network –

    April 25, 2025
  • MIL-OSI: Oportun to Report First Quarter 2025 Financial Results on Thursday, May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., April 24, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, will release financial results for its first quarter 2025 on Thursday, May 8, 2025, after market close.

    Oportun will host a conference call and earnings webcast to discuss results on Thursday, May 8, 2025, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun’s investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-888-396-8049 (toll-free) or 1-416-764-8646 (international). Participants should call in 10 minutes prior to the scheduled start time.

    Oportun also announced today that the record date for determining stockholders entitled to vote at Oportun’s 2025 annual meeting of stockholders will be Tuesday, May 27, 2025.

    About Oportun

    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.

    Additional Information and Where to Find It

    Oportun Financial Corporation (“Oportun”), its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with Oportun’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”). Oportun plans to file a proxy statement (the “2025 Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the Annual Meeting.

    Jo Ann Barefoot, Mohit Daswani, Ginny Lee, Carlos Minetti, Louis Miramontes, Scott Parker, Sandra A. Smith, Richard Tambor, Raul Vazquez and R. Neil Williams, all of whom are members of Oportun’s board of directors, are participants in Oportun’s solicitation. Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the 2025 Proxy Statement and other relevant documents to be filed with the SEC in connection with the Annual Meeting. Information relating to the foregoing can also be found in Oportun’s definitive proxy statement for its 2024 Annual Meeting of Stockholders (the “2024 Proxy Statement”), which was filed with the SEC on May 13, 2024, and is available here. Particular attention is directed to the sections of the 2024 Proxy Statement captioned “Directors, Executive Officers and Corporate Governance,” “Non-Employee Director Compensation,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation” and “Certain Relationships and Related Transactions.” To the extent that holdings of such participants in Oportun’s securities have changed since the amounts printed in the 2024 Proxy Statement, such changes have been reflected on the following filings: for Ms. Barefoot, on June 28, 2024; for Mr. Daswani, on June 28, 2024 and December 13, 2024; for Ms. Lee, on June 28, 2024; for Mr. Minetti, on June 28, 2024 and December 13, 2024; for Mr. Miramontes, on June 28, 2024; for Mr. Parker, on April 25, 2024, June 18, 2024, and June 28, 2024; for Ms. Smith, on June 28, 2024; for Mr. Tambor, on June 28, 2024 and June 28, 2024; for Mr. Vazquez, on June 18, 2024, September 12, 2024, December 2, 2024, March 12, 2025, and April 4, 2025; and for Mr. Williams, on June 28, 2024 and December 11, 2024.

    Promptly after filing its definitive 2025 Proxy Statement with the SEC, Oportun will mail the definitive 2025 Proxy Statement and a GREEN proxy card to each stockholder entitled to vote at the Annual Meeting. STOCKHOLDERS ARE URGED TO READ THE 2025 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT OPORTUN WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, Oportun’s proxy statement (in both preliminary and definitive form), any amendments or supplements thereto, and any other relevant documents filed by Oportun with the SEC in connection with the Annual Meeting at the SEC’s website, which is located here. Copies of Oportun’s definitive 2025 Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by Oportun with the SEC in connection with the Annual Meeting will also be available, free of charge, at Oportun’s website, which is located here, or by writing to Investor Relations, Oportun Financial Corporation, 2 Circle Star Way, San Carlos, CA 94070. In addition, copies of these materials may be requested, free of charge, from Oportun’s proxy solicitor, Innisfree M&A Incorporated, by calling toll-free to (877) 800-5195.

    The MIL Network –

    April 25, 2025
  • MIL-OSI: Golar LNG Limited – Q1 2025 results presentation

    Source: GlobeNewswire (MIL-OSI)

    Golar LNG’s 1st Quarter 2025 results will be released before the NASDAQ opens on Wednesday, May 21, 2025. In connection with this, a webcast presentation will be held at 1:00 P.M (London Time) on Wednesday May 21, 2025. The presentation will be available to download from the Investor Relations section at www.golarlng.com.

    We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant.

    a. Listen-only live webcast link
    Go to the Investors, Results Centre section at www.golarlng.com and click on the link to “Webcast”. To listen to the conference call from the web, you need to have a sound card on your computer, but no special plug ins are required to access the webcast. There is a “Help” link available on the webcast pages for anyone who may have issues accessing.

    b. Teleconference

    Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call.

    When you log in, you can either dial in using the provided numbers and your unique PIN, or select the “Call me” option and type in your phone number to be instantly connected to the call. Use the following link to register. 

    Please download the presentation material from www.golarlng.com (Investors, Results Centre) to view it while listening to the conference.

    If you are not able to listen at the time of the call, you can assess a replay of the event audio for a limited time on www.golarlng.com (Investors, Results Centre).

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network –

    April 25, 2025
  • MIL-OSI USA: Malliotakis, Local Leaders Call for Tour Helicopters to Be Reined In

    Source: United States House of Representatives – Congresswoman Nicole Malliotakis (NY-11)

    (STATEN ISLAND, NY) – Congresswoman Nicole Malliotakis was joined by local residents and leaders of civic associations to address growing concerns over the frequency of helicopter tours following a recent tour helicopter crash in the Hudson River. Malliotakis called for stricter regulations on non-essential helicopter tours, which frequently fly at low altitudes over densely populated residential neighborhoods including those on Staten Island.

     

    Malliotakis shared that her office has been in regular contact with the Federal Aviation Administration (FAA) including having met with FAA Eastern Region Administrators since last year, and with U.S. Department of Transportation Secretary Sean Duffy to relay ongoing concerns from residents about low-flying helicopters over Staten Island, with some reported as frequently as every 10 to 15 minutes.

     

    She emphasized that the recent fatal helicopter crash underscores the urgent need for tighter regulations and proposed a ban on non-essential helicopter flights over residential communities in municipalities of 5 million residents or more.

     

    At a minimum, Malliotakis says the FAA must impose strict altitude requirements, enforceable no-fly zones to protect residential neighborhoods, and a reduction in non-essential helicopter flights.

     

    “The tragic crash that claimed six lives in the Hudson River isn’t an isolated event, it’s the clearest sign yet of an industry that’s operated without meaningful oversight for too long. Helicopter tour companies are flying low and often over our neighborhoods, disturbing daily life in ways that are simply unacceptable,” said Congresswoman Nicole Malliotakis. “This a public safety issue, and it needs to be addressed. I will continue to work with Secretary Sean Duffy and the FAA to keep pushing for stronger protections until our communities are no longer under constant aerial assault.”

     

    “We should not feel like we’re living on an airport runway. No one should have to retreat to their basement just to escape the relentless noise. Our neighborhoods are not just homes — they are living history, with landmarks that predate the American Revolution. These historic treasures, like our peace of mind, are being threatened by the constant barrage of low-flying helicopters. This is not sustainable, and it is not acceptable. We are a residential community — not an airport terminal,” said Carol Donovan, President of Richmondtown & Clarke Avenue Civic Association.

     

    “Historic Richmond Town stewards the largest collection of the oldest houses in all of New York State. These precious landmark buildings are important not just to our borough, city and state but to the nation. When I hear from our local residential neighbors that they have possible structural damage to their homes because of the commercial helicopters that fly over our neighborhood every 15 minutes, it gives my cultural organization great cause for concern regarding the long term safety of these 38 historic structures,” said Jessica Baldwin Philips, Executive Director, and CEO of Historic Richmond Town.

     

    “This is not just one tragic accident, this is one of many accidents that has happened already, and some we don’t even know about. This has to stop now. We kindly ask the FAA cease and to strip all operations of helicopters flying over Staten Island and over our residential homes, it needs to stop now,” said Joe McAllister, President of South Beach Civic Association.

     

    “The Port Richmond North Shore Alliance stands with our community in demanding an end to low-flying tour helicopters over Staten Island’s residential neighborhoods. After the recent crash in the Hudson, it’s clear these flights pose a serious risk. Staten Island is densely populated and must be recognized as the congested area it is — not a flight path for tourism. Thank you to Congresswoman Malliotakis for standing with us in this fight,” said Mario Buonviaggio, President of Port Richmond North Shore Alliance.

     

    “Westerleigh is not a backdrop for tourist entertainment — it’s a robust neighborhood where people live, work, and raise families. Tour operators are terrorizing our communities with relentless, low-flying helicopters that shatter our peace and endanger our safety. This reckless disregard for our well-being must end now,” said Mark Anderson, President of Westerleigh Improvement Society.

     

    “These helicopter tour operators have turned our neighborhoods into playgrounds for tourist excursions. For years now, tourist helicopters have descended on our area, flying low, rattling our homes and windows, and disrupting what used to be peaceful evenings. There’s been some nights where my family and I could observe helicopters passing overhead every 5 minutes for hours at a time. We are very concerned about safety now following the incident in the Hudson this month. These helicopters fly low over our neighborhoods— who’s to say the next incident doesn’t involve a helicopter plunging into one of our homes or businesses,” said James Tonrey, Richmondtown Resident.

    MIL OSI USA News –

    April 25, 2025
  • MIL-OSI: NCS Multistage Holdings, Inc. Schedules First Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) — NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (Nasdaq: NCSM) will host a conference call to discuss its first quarter 2025 results on Thursday, May 1, 2025 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). NCS will issue its first quarter 2025 earnings release the evening prior to the conference call.

    For those participants who wish to ask questions, please dial (800) 715-9871 (U.S. toll-free) or +1 (646) 307-1963 (international) and enter the Conference ID: 7182351. A listen-only option is also available through this link. It is recommended that participants join at least 10 minutes prior to the event start. The replay will be available in the Investors section of the Company’s website shortly after the conclusion of the call and will remain available for approximately seven days.

    NCS Multistage Holdings, Inc. is a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completions and field development strategies. NCS provides products and services primarily to exploration and production companies for use in onshore and offshore wells, predominantly wells that have been drilled with horizontal laterals in both unconventional and conventional oil and natural gas formations. NCS’s products and services are utilized in oil and natural gas basins throughout North America and in selected international markets, including the North Sea, the Middle East, Argentina and China. NCS’s common stock is traded on the Nasdaq Capital Market under the symbol “NCSM.” Additional information is available on the website, www.ncsmultistage.com.

    Contact:
    Michael Morrison
    Chief Financial Officer
    +1 281-453-2222
    IR@ncsmultistage.com

    The MIL Network –

    April 25, 2025
  • MIL-OSI: MidWestOne Financial Group, Inc. Reports Financial Results For the First Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    IOWA CITY, Iowa, April 24, 2025 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we,” “our,” or the “Company”) today reported results for the first quarter of 2025.

    First Quarter 2025 Summary1

    • Net income of $15.1 million, or $0.73 per diluted common share.
      • Net interest margin (tax equivalent) was 3.44%;2 core net interest margin expanded 10 basis points (“bps”) to 3.36%.2
      • Noninterest expenses were $36.3 million; efficiency ratio was 59.38%.2
      • Return on average assets of 1.00%.
    • Criticized loans ratio improved 54 bps to 5.47%; nonperforming assets ratio improved 7 bps to 0.33%.
    • Tangible book value per share of $23.36,2 an increase of 4.4%.
    • Common equity tier 1 (“CET1”) capital ratio improved 24 bps to 10.97%.

    CEO Commentary

    Charles (Chip) Reeves, Chief Executive Officer of the Company, commented, “We are pleased with the continued execution of our strategic plan initiatives despite a more uncertain economic environment. Our return on average assets eclipsed 1% for the second straight quarter driven by disciplined balance sheet management, core net interest margin expansion of 10 bps2 and solid expense control. Loan growth was flat in the quarter, somewhat softer than anticipated, due to pay-offs and latter quarter market volatility. The majority of our asset quality metrics improved significantly, led by reductions in nonperforming assets and criticized loans. Net charge-offs increased to 29 basis points, with the majority of the increase due to a partial charge-off on a previously reserved CRE loan as we prepare for resolution. Driven by earnings and lower accumulated other comprehensive loss, tangible book value per share increased 4.4% to $23.362 and the CET1 ratio grew to 10.97%, edging closer to our target range of 11.0%-11.50%.

    Thank you to our team members who continued to execute well and serve our customers amidst market volatility. We are pleased with the transformation of our company and our solid foundation of increased capital, earnings power, asset quality, and a premium core deposit franchise position us well for uncertain economic times and the remainder of 2025.”

    1 First Quarter Summary compares to the fourth quarter of 2024 (the “linked quarter”) unless noted.
    2 Non-GAAP measure. See the separate Non-GAAP Measures section for a reconciliation to the most directly comparable GAAP measure.

        As of or for the quarter ended
    (Dollars in thousands, except per share amounts and as noted)   March 31,   December 31,   March 31,
        2025       2024       2024  
    Financial Results            
    Revenue   $ 57,575     $ 59,775     $ 44,481  
    Credit loss expense     1,687       1,291       4,689  
    Noninterest expense     36,293       37,372       35,565  
    Net income     15,138       16,330       3,269  
    Adjusted earnings(3)     15,301       16,112       4,504  
    Per Common Share            
    Diluted earnings per share   $ 0.73     $ 0.78     $ 0.21  
    Adjusted earnings per share(3)     0.73       0.77       0.29  
    Book value     27.85       26.94       33.53  
    Tangible book value(3)     23.36       22.37       27.14  
    Balance Sheet & Credit Quality            
    Loans In millions   $ 4,304.2     $ 4,315.6     $ 4,414.6  
    Investment securities In millions     1,305.5       1,328.4       1,862.2  
    Deposits In millions     5,489.1       5,478.0       5,585.2  
    Net loan charge-offs In millions     3.1       0.7       0.2  
    Allowance for credit losses ratio     1.25 %     1.28 %     1.27 %
    Selected Ratios            
    Return on average assets     1.00 %     1.03 %     0.20 %
    Net interest margin, tax equivalent(3)     3.44 %     3.43 %     2.33 %
    Return on average equity     10.74 %     11.53 %     2.49 %
    Return on average tangible equity(3)     13.75 %     14.80 %     4.18 %
    Efficiency ratio(3)     59.38 %     59.06 %     71.28 %
                             

    REVENUE REVIEW

    Revenue               Change   Change
                  1Q25 vs   1Q25 vs
    (Dollars in thousands)   1Q25   4Q24   1Q24   4Q24   1Q24
    Net interest income   $           47,439   $         48,938   $        34,731   (3)%   37 %
    Noninterest income                 10,136               10,837                9,750   (6)%   4 %
    Total revenue, net of interest expense   $           57,575   $         59,775   $        44,481   (4)%   29 %
                                 

    Total revenue for the first quarter of 2025 decreased $2.2 million from the fourth quarter of 2024 due to lower net interest income and noninterest income during the quarter. When compared to the first quarter of 2024, total revenue increased $13.1 million, due to higher net interest income and higher noninterest income.

    Net interest income of $47.4 million for the first quarter of 2025 decreased $1.5 million from the fourth quarter of 2024, due to lower earning asset volumes and yields, partially offset by lower funding volumes and costs. When compared to the first quarter of 2024, net interest income increased $12.7 million, due to higher earning asset yields and lower funding volumes and costs, partially offset by lower earning asset volumes.

    The Company’s tax equivalent net interest margin was 3.44%3 in the first quarter of 2025, compared to 3.43%3 in the fourth quarter of 2024, driven by lower funding costs, partially offset by a decline in earning asset yields. Interest bearing liability costs during the first quarter of 2025 decreased 11 bps to 2.41%, due to reductions of short-term borrowings, interest bearing deposits, and long-term debt costs of 78 bps, 10 bps, and 7 bps, to 3.75%, 2.31%, and 6.41%, respectively, from the fourth quarter of 2024.

    The Company’s tax equivalent net interest margin was 3.44%3 in the first quarter of 2025, compared to 2.33%3 in the first quarter of 2024, driven by higher earning asset yields and lower interest-bearing liability costs. Total earning assets yield increased 79 bps from the first quarter of 2024, primarily due to increases of 192 bps and 20 bps in total investment securities and loan yields, respectively. Interest bearing liability costs decreased 34 bps to 2.41%, due to short-term borrowing costs of 3.75%, long-term debt costs of 6.41%, and interest-bearing deposit costs of 2.31%, which decreased 107 bps, 45 bps, and 14 bps, respectively, from the first quarter of 2024.

    3 Non-GAAP measure. See the separate Non-GAAP Measures section for a reconciliation to the most directly comparable GAAP measure.

    Noninterest Income             Change   Change
                1Q25 vs   1Q25 vs
    (In thousands) 1Q25   4Q24   1Q24   4Q24   1Q24
    Investment services and trust activities $ 3,544     $ 3,779   $ 3,503     (6)%   1 %
    Service charges and fees   2,131       2,159     2,144     (1)%   (1)%
    Card revenue   1,744       1,833     1,943     (5)%   (10)%
    Loan revenue   1,194       1,841     856     (35)%   39 %
    Bank-owned life insurance   1,057       719     660     47 %   60 %
    Investment securities gains, net   33       161     36     (80)%   (8)%
    Other   433       345     608     26 %   (29)%
    Total noninterest income $ 10,136     $ 10,837   $ 9,750     (6)%   4 %
                       
    MSR adjustment (included above in Loan revenue) $ (213 )   $ 164   $ (368 )   (230)%   (42)%
                                 

    Noninterest income for the first quarter of 2025 decreased $0.7 million from the linked quarter, primarily due to declines of $0.6 million and $0.2 million in loan revenue and investment services and trust activities revenue, respectively. The decrease in loan revenue was reflective of an unfavorable change in the fair value of our mortgage servicing rights of $0.4 million, coupled with a decrease in Small Business Administration (“SBA”) gain on sale revenue of $0.3 million. The decrease in investment services and trust activities revenue was driven by a decline in assets under administration due to market volatility. Partially offsetting these decreases was an increase of $0.3 million in bank-owned life insurance revenue, due primarily to $0.4 million of death benefit recognized in the first quarter of 2025.

    Noninterest income for the first quarter of 2025 increased $0.4 million from the first quarter of 2024 due primarily to increases of $0.4 million and $0.3 million in bank-owned life insurance and loan revenue, respectively. The bank-owned life insurance increase was due primarily to the death benefit noted above. The increase in loan revenue was due primarily to the mortgage servicing right valuation adjustment, coupled with higher SBA gain on sale revenue and other loan income. Partially offsetting these increases were decreases of $0.2 million in each of card revenue and other revenue.

    EXPENSE REVIEW

    Noninterest Expense             Change   Change
                1Q25 vs   1Q25 vs
    (In thousands) 1Q25   4Q24   1Q24   4Q24   1Q24
    Compensation and employee benefits $ 21,212   $ 20,684   $ 20,930   3 %   1 %
    Occupancy expense of premises, net   2,588     2,772     2,813   (7)%   (8)%
    Equipment   2,426     2,688     2,600   (10)%   (7)%
    Legal and professional   2,226     2,534     2,059   (12)%   8 %
    Data processing   1,698     1,719     1,360   (1)%   25 %
    Marketing   552     793     598   (30)%   (8)%
    Amortization of intangibles   1,408     1,449     1,637   (3)%   (14)%
    FDIC insurance   917     980     942   (6)%   (3)%
    Communications   159     154     196   3 %   (19)%
    Foreclosed assets, net   74     56     358   32 %   (79)%
    Other   3,033     3,543     2,072   (14)%   46 %
         Total noninterest expense $ 36,293   $ 37,372   $ 35,565   (3)%   2 %
                               
    Merger-related Expenses          
             
    (In thousands) 1Q25   4Q24   1Q24
    Compensation and employee benefits $                 —   $                 —   $               241
    Occupancy expense of premises, net                     —                       —                     152
    Equipment                     —                       21                     149
    Legal and professional                     40                       —                     573
    Data processing                     —                       10                       61
    Marketing                     —                       —                       32
    Communications                     —                       —                         1
    Other                     —                       —                     105
    Total merger-related expenses $                 40   $                 31   $            1,314
                     

    Noninterest expense for the first quarter of 2025 decreased $1.1 million from the linked quarter, primarily due to decreases in other noninterest expense, legal and professional, equipment, and occupancy expense of premises, net, of $0.5 million, $0.3 million, $0.3 million, and $0.2 million, respectively. The primary drivers of the decrease in other noninterest expense were declines in fraud loss expense of $0.3 million and customer deposit costs of $0.1 million. The $0.3 million decrease in legal and professional expense was primarily driven by lower litigation-related legal costs. The decrease in equipment of $0.3 million was primarily driven by fewer small equipment purchases, while the decrease in occupancy expense of premises, net was due primarily to lower property tax expense. Partially offsetting these decreases was an increase of $0.5 million in compensation and employee benefits which reflected an increase in equity compensation and payroll tax expenses.

    Noninterest expense for the first quarter of 2025 increased $0.7 million from the first quarter of 2024 primarily due to increases in other noninterest expense, data processing, and compensation and employee benefits of $1.0 million, $0.3 million and $0.3 million, respectively. The increase in other noninterest expense was due primarily to customer deposit costs while the increase in data processing was driven core banking system costs. The increase in compensation and employee benefits was primarily driven by medical benefits expenses, wages expense, and incentive expense due to improved performance. Partially offsetting these identified increases was a decline of $1.3 million in merger-related expenses.

    The Company’s effective tax rate was 22.7% in the first quarter of 2025 and the linked quarter. The effective income tax rate for the full year 2025 is expected to be 22-23%.

    BALANCE SHEET REVIEW

    Total assets were $6.25 billion at March 31, 2025, compared to $6.24 billion at December 31, 2024 and $6.75 billion at March 31, 2024. The increase from December 31, 2024 was primarily due to higher cash balances, partially offset by lower securities balances. Compared to March 31, 2024, the decrease was primarily driven by the sale of assets associated with our Florida banking operations in the second quarter of 2024 coupled with the pay-off of Bank Term Funding Program (“BTFP”) borrowings with proceeds received from securities sales transactions in the fourth quarter of 2024.

    Loans Held for Investment March 31, 2025   December 31, 2024   March 31, 2024  
    (Dollars in thousands) Balance   % of Total   Balance   % of Total   Balance   % of Total  
    Commercial and industrial $1,140,138   26.5 % $1,126,813   26.1 % $1,105,718   25.0 %
    Agricultural 131,409   3.1   119,051   2.8   113,029   2.6  
    Commercial real estate                        
    Construction and development 293,280   6.8   324,896   7.5   403,571   9.1  
    Farmland 180,633   4.2   182,460   4.2   184,109   4.2  
    Multifamily 421,204   9.8   423,157   9.8   409,504   9.3  
    Other 1,425,062   33.0   1,414,168   32.7   1,440,645   32.7  
    Total commercial real estate 2,320,179   53.8   2,344,681   54.2   2,437,829   55.3  
    Residential real estate                        
    One-to-four family first liens 471,688   11.0   477,150   11.1   495,408   11.2  
    One-to-four family junior liens 182,346   4.2   179,232   4.2   182,001   4.1  
    Total residential real estate 654,034   15.2   656,382   15.3   677,409   15.3  
    Consumer 58,424   1.4   68,700   1.6   80,661   1.8  
    Loans held for investment, net of unearned income $4,304,184   100.0 % $4,315,627   100.0 % $4,414,646   100.0 %
                             
    Total commitments to extend credit $1,080,300       $1,080,737       $1,230,612      

    Loans held for investment, net of unearned income, decreased $11.4 million, or 0.3%, to $4.30 billion from $4.32 billion at December 31, 2024, primarily due to the reclassification of $11.0 million of credit card receivables to loans held for sale in the first quarter of 2025. Management expects the credit card portfolio sale to close in the fourth quarter of 2025.

    Loans held for investment, net of unearned income, decreased $110.5 million, or 2.5%, to $4.30 billion from $4.41 billion at March 31, 2024. The decrease from the first quarter of 2024 was driven primarily by the sale of loans associated with our Florida banking operations in the second quarter of 2024, partially offset by organic loan growth and higher line of credit usage.

    Investment Securities March 31, 2025   December 31, 2024   March 31, 2024  
    (Dollars in thousands) Balance   % of Total   Balance   % of Total   Balance   % of Total  
    Available for sale $1,305,530   100.0 % $1,328,433   100.0 % $797,230   42.8 %
    Held to maturity —   — % —   — % 1,064,939   57.2 %
    Total investment securities $1,305,530       $1,328,433       $1,862,169      

    Investment securities at March 31, 2025 were $1.31 billion, decreasing $22.9 million from December 31, 2024 and decreasing $556.6 million from March 31, 2024. The decrease from the fourth quarter of 2024 was primarily due to principal cash flows received from scheduled payments, calls, and maturities. The decrease from the first quarter of 2024 stemmed primarily from the sale of debt securities in connection with a balance sheet repositioning, as well as principal cash flows received from scheduled payments, calls, and maturities. 

    Deposits March 31, 2025   December 31, 2024   March 31, 2024  
    (Dollars in thousands) Balance   % of Total   Balance   % of Total   Balance   % of Total  
    Noninterest bearing deposits $903,714   16.5 % $951,423   17.4 % $920,764   16.5 %
    Interest checking deposits 1,283,328   23.3   1,258,191   22.9   1,349,823   24.2  
    Money market deposits 1,002,066   18.3   1,053,988   19.2   1,122,717   20.1  
    Savings deposits 877,348   16.0   820,549   15.0   728,276   13.0  
    Time deposits of $250 and under 818,012   14.9   826,793   15.1   787,851   14.1  
    Total core deposits 4,884,468   89.0   4,910,944   89.6   4,909,431   87.9  
    Brokered time deposits 200,000   3.6   200,000   3.7   205,000   3.7  
    Time deposits over $250 404,674   7.4   367,038   6.7   470,805   8.4  
    Total deposits $5,489,142   100.0 % $5,477,982   100.0 % $5,585,236   100.0 %

    Total deposits increased $11.2 million, or 0.2%, to $5.49 billion, from $5.48 billion at December 31, 2024. Total deposits decreased $96.1 million, or 1.7%, from $5.59 billion at March 31, 2024, primarily due to the deposits transferred in the sale of our Florida banking operations, partially offset by organic deposit growth in our targeted metropolitan markets.

    Borrowed Funds March 31, 2025   December 31, 2024   March 31, 2024  
    (Dollars in thousands) Balance   % of Total   Balance   % of Total   Balance   % of Total  
    Short-term borrowings $1,482   1.3 % $3,186   2.7 % $422,988   77.6 %
    Long-term debt 111,398   98.7 % 113,376   97.3 % 122,066   22.4 %
    Total borrowed funds $112,880       $116,562       $545,054      

    Borrowed funds were $112.9 million at March 31, 2025, a decrease of $3.7 million from December 31, 2024 and a decrease of $432.2 million from March 31, 2024. The decrease compared to the linked quarter was due to lower customer repurchase agreement volumes and scheduled payments on long-term debt. The decrease compared to March 31, 2024 was primarily due to the pay-off of $405.0 million of BTFP borrowings and $13.0 million of a revolving credit facility, as well as scheduled payments on long-term debt.

    Capital March 31,   December 31,   March 31,
    (Dollars in thousands) 2025 (1)     2024       2024  
    Total shareholders’ equity $ 579,625     $ 559,696     $ 528,040  
    Accumulated other comprehensive loss   (63,098 )     (72,762 )     (60,804 )
    MidWestOneFinancial Group, Inc. Consolidated          
    Tier 1 leverage to average assets ratio   9.50 %     9.15 %     8.16 %
    Common equity tier 1 capital to risk-weighted assets ratio   10.97 %     10.73 %     8.98 %
    Tier 1 capital to risk-weighted assets ratio   11.84 %     11.59 %     9.75 %
    Total capital to risk-weighted assets ratio   14.34 %     14.07 %     11.97 %
    MidWestOneBank          
    Tier 1 leverage to average assets ratio   10.42 %     10.12 %     9.36 %
    Common equity tier 1 capital to risk-weighted assets ratio   13.02 %     12.86 %     11.20 %
    Tier 1 capital to risk-weighted assets ratio   13.02 %     12.86 %     11.20 %
    Total capital to risk-weighted assets ratio   14.21 %     14.02 %     12.25 %
    (1) Regulatory capital ratios for March 31, 2025 are preliminary          
               

    Total shareholders’ equity at March 31, 2025 increased $19.9 million from December 31, 2024, driven primarily by an increase in retained earnings and a decrease in accumulated other comprehensive loss. Total shareholders’ equity at March 31, 2025 increased $51.6 million from March 31, 2024, primarily due to increases in common stock and additional pain-in-capital stemming from the common equity capital raise in the third quarter of 2024, partially offset by a decrease in retained earnings.

    On April 22, 2025, the Board of Directors of the Company declared a cash dividend of $0.2425 per common share. The dividend is payable June 16, 2025, to shareholders of record at the close of business on June 2, 2025.

    No common shares were repurchased by the Company during the period December 31, 2024 through March 31, 2025 or for the subsequent period through April 24, 2025. The current share repurchase program allows for the repurchase of up to $15.0 million of the Company’s common shares. As of March 31, 2025, $15.0 million remained available under this program.

    CREDIT QUALITY REVIEW

    Credit Quality As of or For the Three Months Ended
    March 31,   December 31,   March 31,
    (Dollars in thousands)   2025       2024       2024  
    Credit loss expense related to loans $ 1,787     $ 1,891     $ 4,589  
    Net charge-offs   3,087       691       189  
    Allowance for credit losses   53,900       55,200       55,900  
    Pass $ 4,068,707     $ 4,056,361     $ 4,098,102  
    Special Mention   121,494       148,462       152,604  
    Classified   113,983       110,804       163,940  
    Criticized   235,477       259,266       316,544  
    Loans greater than 30 days past due and accruing $ 6,119     $ 9,378     $ 8,772  
    Nonperforming loans $ 17,470     $ 21,847     $ 29,267  
    Nonperforming assets   20,889       25,184       33,164  
    Net charge-off ratio(1)   0.29 %     0.06 %     0.02 %
    Classified loans ratio(2)   2.65 %     2.57 %     3.71 %
    Criticized loans ratio(3)   5.47 %     6.01 %     7.17 %
    Nonperforming loans ratio(4)   0.41 %     0.51 %     0.66 %
    Nonperforming assets ratio(5)   0.33 %     0.40 %     0.49 %
    Allowance for credit losses ratio(6)   1.25 %     1.28 %     1.27 %
    Allowance for credit losses to nonaccrual loans ratio(7)   309.47 %     254.32 %     197.53 %
    (1) Net charge-off ratio is calculated as annualized net charge-offs divided by the sum of average loans held for investment, net of unearned income and average loans held for sale, during the period.
    (2) Classified loans ratio is calculated as classified loans divided by loans held for investment, net of unearned income, at the end of the period.
    (3) Criticized loans ratio is calculated as criticized loans divided by loans held for investment, net of unearned income, at the end of the period.
    (4) Nonperforming loans ratio is calculated as nonperforming loans divided by loans held for investment, net of unearned income, at the end of the period.
    (5) Nonperforming assets ratio is calculated as nonperforming assets divided by total assets at the end of the period.
    (6) Allowance for credit losses ratio is calculated as allowance for credit losses divided by loans held for investment, net of unearned income, at the end of the period.
    (7) Allowance for credit losses to nonaccrual loans ratio is calculated as allowance for credit losses divided by nonaccrual loans at the end of the period.
     

    Nonperforming loans and nonperforming assets ratios improved 10 bps and 7 bps, to 0.41% and 0.33%, respectively, compared to the linked quarter. In addition, special mention loan balances decreased $27.0 million, or 18%, while classified loan balances remained relatively stable with an increase of $3.2 million, or 3%. When compared to the same period of the prior year, the nonperforming loans and nonperforming asset ratios improved 25 bps and 16 bps, respectively, while the classified loan ratio improved 106 bps. Special mention loan balances decreased $31.1 million, or 20%. The net charge-off ratio increased 23 bps from the linked quarter and 27 bps from the same period in the prior year.

    As of March 31, 2025, the allowance for credit losses was $53.9 million and the allowance for credit losses ratio was 1.25%, compared with $55.2 million and 1.28%, respectively, at December 31, 2024. Credit loss expense of $1.7 million in the first quarter of 2025 primarily reflected additional reserve on pooled loans, offset by a reduction of $0.1 million in the reserve for unfunded loan commitments.

    Nonperforming Loans Roll Forward Nonaccrual   90+ Days Past Due
    & Still Accruing
      Total
    (Dollars in thousands)    
    Balance at December 31, 2024 $21,705   $142   $21,847
    Loans placed on nonaccrual or 90+ days past due & still accruing 3,121   225   3,346
    Proceeds related to repayment or sale (4,158)   —   (4,158)
    Loans returned to accrual status or no longer past due (336)   (49)   (385)
    Charge-offs (2,774)   (259)   (3,033)
    Transfers to foreclosed assets (141)   —   (141)
    Transfer to nonaccrual —   (6)   (6)
    Balance at March 31, 2025 $17,417   $53   $17,470


    CONFERENCE CALL DETAILS

    The Company will host a conference call for investors at 11:00 a.m. CT on Friday, April 25, 2025. To participate, you may pre-register for this call utilizing the following link: https://www.netroadshow.com/events/login?show=29396e9f&confId=80376. After pre-registering for this event you will receive your access details via email. On the day of the call, you are also able to dial 1-833-470-1428 using an access code of 527448 at least fifteen minutes before the call start time. If you are unable to participate on the call, a replay will be available until July 24, 2025 by calling 1-866-813-9403 and using the replay access code of 162684. A transcript of the call will also be available on the Company’s web site (www.midwestonefinancial.com) within three business days of the call.

    ABOUT MIDWESTONE FINANCIAL GROUP, INC.

    MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne is the parent company of MidWestOne Bank, which operates banking offices in Iowa, Minnesota, Wisconsin, and Colorado. MidWestOne provides electronic delivery of financial services through its website, MidWestOne.bank. MidWestOne Financial Group, Inc. trades on the Nasdaq Global Select Market under the symbol “MOFG”.

    Cautionary Note Regarding Forward-Looking Statements

    This release contains certain “forward-looking statements” within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We and our representatives may, from time to time, make written or oral statements that are “forward-looking” and provide information other than historical information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the factors listed below. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of our management and on information currently available to management, are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “should,” “could,” “would,” “plans,” “goals,” “intend,” “project,” “estimate,” “forecast,” “may” or similar expressions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, these statements. Readers are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Additionally, we undertake no obligation to update any statement in light of new information or future events, except as required under federal securities law.

    Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors that could have an impact on our ability to achieve operating results, growth plan goals and future prospects include, but are not limited to, the following: (1) the effects of changes in interest rates, including on our net income and the value of our securities portfolio; (2) fluctuations in the value of our investment securities; (3) effects on the U.S. economy resulting from the implementation of proposed policies and executive orders, including the imposition of tariffs, changes in immigration policy, changes to regulatory or other governmental agencies, changes in foreign policy and tax regulations; (4) volatility of rate-sensitive deposits; (5) asset/liability matching risks and liquidity risks; (6) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits, and may negatively impact the Company’s cost of funds; (7) the concentration of large deposits from certain clients, including those who have balances above current FDIC insurance limits; (8) credit quality deterioration, pronounced and sustained reduction in real estate market values, or other uncertainties, including the impact of inflationary pressures and future monetary policies of the Federal Reserve in response thereto on economic conditions and our business, resulting in an increase in the allowance for credit losses, an increase in the credit loss expense, and a reduction in net earnings; (9) the sufficiency of the allowance for credit losses to absorb the amount of expected losses inherent in our existing loan portfolio; (10) the failure of assumptions underlying the establishment of allowances for credit losses and estimation of values of collateral and various financial assets and liabilities; (11) credit risks and risks from concentrations (by type of borrower, collateral, geographic area and by industry) within our loan portfolio; (12) changes in the economic environment, competition, or other factors that may affect our ability to acquire loans or influence the anticipated growth rate of loans and deposits and the quality of the loan portfolio and loan and deposit pricing; (13) governmental monetary and fiscal policies; (14) new or revised general economic, political, or industry conditions, nationally, internationally or in the communities in which we conduct business, including the risk of a recession; (15) the imposition of domestic or foreign tariffs or other governmental policies impacting the global supply chain and value of the agricultural or other products of our borrowers; (16) war or terrorist activities, including ongoing conflicts in the Middle East and the Russian invasion of Ukraine, widespread disease or pandemic, or other adverse external events, which may cause deterioration in the economy or cause instability in credit markets; (17) legislative and regulatory changes, including changes in banking, securities, trade, and tax laws and regulations and their application by our regulators, and including changes in interpretation or prioritization of such laws and regulations; (18) changes in accounting policies and practices, as may be adopted by state and federal regulatory agencies and the Financial Accounting Standards Board; (19) the effects of competition from other commercial banks, thrifts, mortgage banking firms, consumer finance companies, credit unions, securities brokerage firms, insurance companies, money market and other mutual funds, financial technology companies, and other financial institutions operating in our markets or elsewhere or providing similar services; (20) changes in the business and economic conditions generally and in the financial services industry, and the effects of recent developments and events in the financial services industry, including the large-scale deposit withdrawals over a short period of time that resulted in prior bank failures; (21) the occurrence of fraudulent activity, breaches, or failures of our or our third party vendors’ information security controls or cyber-security related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; (22) the ability to attract and retain key executives and employees experienced in banking and financial services; (23) our ability to adapt successfully to technological changes to compete effectively in the marketplace; (24) operational risks, including data processing system failures and fraud; (25) the costs, effects and outcomes of existing or future litigation or other legal proceedings and regulatory actions; (26) the risks of mergers or branch sales (including the sale of our Florida banking operations and the acquisition of Denver Bankshares, Inc.), including, without limitation, the related time and costs of implementing such transactions, integrating operations as part of these transactions and possible failures to achieve expected gains, revenue growth and/or expense savings from such transactions; (27) the economic impacts on the Company and its customers of climate change, natural disasters and exceptional weather occurrences, such as: tornadoes, floods and blizzards; and (28) other risk factors detailed from time to time in Securities and Exchange Commission filings made by the Company.

    MIDWESTONE FINANCIAL GROUP, INC.
    FIVE QUARTER CONSOLIDATED BALANCE SHEETS

      March 31,   December 31,   September 30,   June 30,   March 31,
    (In thousands)   2025       2024       2024       2024       2024  
    ASSETS                  
    Cash and due from banks $            68,545     $            71,803     $            72,173     $            66,228     $            68,430  
    Interest earning deposits in banks              182,360                  133,092                  129,695                    35,340                    29,328  
    Federal funds sold                       —                           —                           —                           —                            4  
    Total cash and cash equivalents              250,905                  204,895                  201,868                  101,568                    97,762  
    Debt securities available for sale at fair value           1,305,530               1,328,433               1,623,104                  771,034                  797,230  
    Held to maturity securities at amortized cost                       —                           —                           —               1,053,080               1,064,939  
    Total securities           1,305,530               1,328,433               1,623,104               1,824,114               1,862,169  
    Loans held for sale                13,836                         749                      3,283                      2,850                      2,329  
    Gross loans held for investment           4,315,546               4,328,413               4,344,559               4,304,619               4,433,258  
    Unearned income, net              (11,362 )                (12,786 )                (15,803 )                (17,387 )                (18,612 )
    Loans held for investment, net of unearned income           4,304,184               4,315,627               4,328,756               4,287,232               4,414,646  
    Allowance for credit losses              (53,900 )                (55,200 )                (54,000 )                (53,900 )                (55,900 )
    Total loans held for investment, net           4,250,284               4,260,427               4,274,756               4,233,332               4,358,746  
    Premises and equipment, net                90,031                    90,851                    90,750                    91,793                    95,986  
    Goodwill                69,788                    69,788                    69,788                    69,388                    71,118  
    Other intangible assets, net                23,611                    25,019                    26,469                    27,939                    29,531  
    Foreclosed assets, net                  3,419                      3,337                      3,583                      6,053                      3,897  
    Other assets              246,990                  252,830                  258,881                  224,621                  226,477  
    Total assets $       6,254,394     $       6,236,329     $       6,552,482     $       6,581,658     $       6,748,015  
    LIABILITIES                       
    Noninterest bearing deposits $          903,714     $          951,423     $          917,715     $          882,472     $          920,764  
    Interest bearing deposits           4,585,428               4,526,559               4,451,012               4,529,947               4,664,472  
    Total deposits           5,489,142               5,477,982               5,368,727               5,412,419               5,585,236  
    Short-term borrowings                  1,482                      3,186                  410,630                  414,684                  422,988  
    Long-term debt              111,398                  113,376                  115,051                  114,839                  122,066  
    Other liabilities                72,747                    82,089                    95,836                    96,430                    89,685  
    Total liabilities           5,674,769               5,676,633               5,990,244               6,038,372               6,219,975  
    SHAREHOLDERS’ EQUITY                       
    Common stock                21,580                    21,580                    21,580                    16,581                    16,581  
    Additional paid-in capital              414,258                  414,987                  414,965                  300,831                  300,845  
    Retained earnings              227,790                  217,776                  206,490                  306,030                  294,066  
    Treasury stock              (20,905 )                (21,885 )                (21,955 )                (22,021 )                (22,648 )
    Accumulated other comprehensive loss              (63,098 )                (72,762 )                (58,842 )                (58,135 )                (60,804 )
    Total shareholders’ equity              579,625                  559,696                  562,238                  543,286                  528,040  
    Total liabilities and shareholders’ equity $       6,254,394     $       6,236,329     $       6,552,482     $       6,581,658     $       6,748,015  
                                           

    MIDWESTONE FINANCIAL GROUP, INC.
    FIVE QUARTER CONSOLIDATED STATEMENTS OF INCOME

      Three Months Ended
      March 31,   December 31,   September 30,   June 30,   March 31,
    (In thousands, except per share data)   2025     2024     2024       2024     2024
    Interest income                  
    Loans, including fees $            59,462   $            62,458   $            62,521     $            61,643   $            57,947
    Taxable investment securities                13,327                  11,320                   8,779                     9,228                   9,460
    Tax-exempt investment securities                    703                      728                   1,611                     1,663                   1,710
    Other                 1,247                   3,761                      785                        242                      418
    Total interest income                74,739                  78,267                  73,696                    72,776                  69,535
    Interest expense                  
    Deposits                25,484                  27,324                  29,117                    28,942                  27,726
    Short-term borrowings                      25                      115                   5,043                     5,409                   4,975
    Long-term debt                 1,791                   1,890                   2,015                     2,078                   2,103
    Total interest expense                27,300                  29,329                  36,175                    36,429                  34,804
    Net interest income                47,439                  48,938                  37,521                    36,347                  34,731
    Credit loss expense                 1,687                   1,291                   1,535                     1,267                   4,689
    Net interest income after credit loss expense                45,752                  47,647                  35,986                    35,080                  30,042
    Noninterest income                  
    Investment services and trust activities                 3,544                   3,779                   3,410                     3,504                   3,503
    Service charges and fees                 2,131                   2,159                   2,170                     2,156                   2,144
    Card revenue                 1,744                   1,833                   1,935                     1,907                   1,943
    Loan revenue                 1,194                   1,841                      760                     1,525                      856
    Bank-owned life insurance                 1,057                      719                      879                        668                      660
    Investment securities gains (losses), net                      33                      161              (140,182 )                        33                        36
    Other                    433                      345                      640                    11,761                      608
    Total noninterest income (loss)                10,136                  10,837              (130,388 )                  21,554                   9,750
    Noninterest expense                  
    Compensation and employee benefits                21,212                  20,684                  19,943                    20,985                  20,930
    Occupancy expense of premises, net                 2,588                   2,772                   2,443                     2,435                   2,813
    Equipment                 2,426                   2,688                   2,486                     2,530                   2,600
    Legal and professional                 2,226                   2,534                   2,261                     2,253                   2,059
    Data processing                 1,698                   1,719                   1,580                     1,645                   1,360
    Marketing                    552                      793                      619                        636                      598
    Amortization of intangibles                 1,408                   1,449                   1,470                     1,593                   1,637
    FDIC insurance                    917                      980                      923                     1,051                      942
    Communications                    159                      154                      159                        191                      196
    Foreclosed assets, net                      74                        56                      330                        138                      358
    Other                 3,033                   3,543                   3,584                     2,304                   2,072
    Total noninterest expense                36,293                  37,372                  35,798                    35,761                  35,565
    Income (loss) before income tax expense                19,595                  21,112              (130,200 )                  20,873                   4,227
    Income tax expense (benefit)                 4,457                   4,782                (34,493 )                   5,054                      958
    Net income (loss) $            15,138   $            16,330   $          (95,707 )   $            15,819   $             3,269
                       
    Earnings (loss) per common share                  
    Basic $               0.73   $               0.79   $              (6.05 )   $               1.00   $               0.21
    Diluted $               0.73   $               0.78   $              (6.05 )   $               1.00   $               0.21
    Weighted average basic common shares outstanding                20,797                  20,776                  15,829                    15,763                  15,723
    Weighted average diluted common shares outstanding                20,849                  20,851                  15,829                    15,781                  15,774
    Dividends paid per common share $            0.2425   $            0.2425   $            0.2425     $            0.2425   $            0.2425
                                   

    MIDWESTONE FINANCIAL GROUP, INC.
    FINANCIAL STATISTICS

      As of or for the Three Months Ended
      March 31,   December 31,   March 31,
    (Dollars in thousands, except per share amounts)   2025       2024       2024  
    Earnings:          
    Net interest income $ 47,439     $ 48,938     $ 34,731  
    Noninterest income   10,136       10,837       9,750  
    Total revenue, net of interest expense   57,575       59,775       44,481  
    Credit loss expense   1,687       1,291       4,689  
    Noninterest expense   36,293       37,372       35,565  
    Income before income tax expense   19,595       21,112       4,227  
    Income tax expense   4,457       4,782       958  
    Net income $ 15,138     $ 16,330     $ 3,269  
    Adjusted earnings(1) $ 15,301     $ 16,112     $ 4,504  
    Per Share Data:          
    Diluted earnings $ 0.73     $ 0.78     $ 0.21  
    Adjusted earnings(1)   0.73       0.77       0.29  
    Book value   27.85       26.94       33.53  
    Tangible book value(1)   23.36       22.37       27.14  
    Ending Balance Sheet:          
    Total assets $ 6,254,394     $ 6,236,329     $ 6,748,015  
    Loans held for investment, net of unearned income   4,304,184       4,315,627       4,414,646  
    Total securities   1,305,530       1,328,433       1,862,169  
    Total deposits   5,489,142       5,477,982       5,585,236  
    Short-term borrowings   1,482       3,186       422,988  
    Long-term debt   111,398       113,376       122,066  
    Total shareholders’ equity   579,625       559,696       528,040  
    Average Balance Sheet:          
    Average total assets $ 6,168,546     $ 6,279,975     $ 6,635,379  
    Average total loans   4,290,710       4,307,583       4,298,216  
    Average total deposits   5,398,819       5,464,900       5,481,114  
    Financial Ratios:          
    Return on average assets   1.00 %     1.03 %     0.20 %
    Return on average equity   10.74 %     11.53 %     2.49 %
    Return on average tangible equity(1)   13.75 %     14.80 %     4.18 %
    Efficiency ratio(1)   59.38 %     59.06 %     71.28 %
    Net interest margin, tax equivalent(1)   3.44 %     3.43 %     2.33 %
    Loans to deposits ratio   78.41 %     78.78 %     79.04 %
    CET1 Ratio   10.97 %     10.73 %     8.98 %
    Common equity ratio   9.27 %     8.97 %     7.83 %
    Tangible common equity ratio(1)   7.89 %     7.57 %     6.43 %
    Credit Risk Profile:          
    Total nonperforming loans $ 17,470     $ 21,847     $ 29,267  
    Nonperforming loans ratio   0.41 %     0.51 %     0.66 %
    Total nonperforming assets $ 20,889     $ 25,184     $ 33,164  
    Nonperforming assets ratio   0.33 %     0.40 %     0.49 %
    Net charge-offs $ 3,087     $ 691     $ 189  
    Net charge-off ratio   0.29 %     0.06 %     0.02 %
    Allowance for credit losses $ 53,900     $ 55,200     $ 55,900  
    Allowance for credit losses ratio   1.25 %     1.28 %     1.27 %
    Allowance for credit losses to nonaccrual ratio   309.47 %     254.32 %     197.53 %
               
    (1) Non-GAAP measure. See the Non-GAAP Measures section for a reconciliation to the most directly comparable GAAP measure.
     

    MIDWESTONE FINANCIAL GROUP, INC.
    AVERAGE BALANCE SHEET AND YIELD ANALYSIS

      Three Months Ended
      March 31, 2025   December 31, 2024   March 31, 2024
    (Dollars in thousands) Average
    Balance
      Interest
    Income/
    Expense
      Average
    Yield/
    Cost
      Average
    Balance
      Interest
    Income/
    Expense
      Average
    Yield/
    Cost
      Average Balance   Interest
    Income/
    Expense
      Average
    Yield/
    Cost
    ASSETS                                  
    Loans, including fees (1)(2)(3) $4,290,710   $60,443   5.71%   $4,307,583   $63,443   5.86%   $4,298,216   $58,867   5.51%
    Taxable investment securities 1,207,844   13,327   4.47%   1,080,716   11,320   4.17%   1,557,603   9,460   2.44%
    Tax-exempt investment securities (2)(4) 105,563   865   3.32%   109,183   896   3.26%   328,736   2,097   2.57%
    Total securities held for investment(2) 1,313,407   14,192   4.38%   1,189,899   12,216   4.08%   1,886,339   11,557   2.46%
    Other 124,133   1,247   4.07%   309,904   3,761   4.83%   30,605   418   5.49%
    Total interest earning assets(2) $5,728,250   $75,882   5.37%   $5,807,386   $79,420   5.44%   $6,215,160   $70,842   4.58%
    Other assets 440,296           472,589           420,219        
    Total assets $6,168,546           $6,279,975           $6,635,379        
    LIABILITIES AND SHAREHOLDERS’ EQUITY                                  
    Interest checking deposits $1,240,586   $2,127   0.70%   $1,252,481   $2,205   0.70%   $1,301,470   $2,890   0.89%
    Money market deposits 1,002,743   6,333   2.56%   1,046,571   7,197   2.74%   1,102,543   8,065   2.94%
    Savings deposits 835,731   3,057   1.48%   799,931   3,158   1.57%   694,143   2,047   1.19%
    Time deposits 1,397,595   13,967   4.05%   1,410,542   14,764   4.16%   1,446,981   14,724   4.09%
    Total interest bearing deposits 4,476,655   25,484   2.31%   4,509,525   27,324   2.41%   4,545,137   27,726   2.45%
    Securities sold under agreements to repurchase 2,705   5   0.75%   3,640   8   0.87%   5,330   11   0.83%
    Other short-term borrowings —   20   —%   6,465   107   6.58%   409,525   4,964   4.88%
    Total short-term borrowings 2,705   25   3.75%   10,105   115   4.53%   414,855   4,975   4.82%
    Long-term debt 113,364   1,791   6.41%   116,018   1,890   6.48%   123,266   2,103   6.86%
    Total borrowed funds 116,069   1,816   6.35%   126,123   2,005   6.32%   538,121   7,078   5.29%
    Total interest bearing liabilities $4,592,724   $27,300   2.41%   $4,635,648   $29,329   2.52%   $5,083,258   $34,804   2.75%
    Noninterest bearing deposits 922,164           955,375           935,977        
    Other liabilities 82,280           125,536           88,611        
    Shareholders’ equity 571,378           563,416           527,533        
    Total liabilities and shareholders’ equity $6,168,546           $6,279,975           $6,635,379        
    Net interest income(2)     $48,582           $50,091           $36,038    
    Net interest spread(2)         2.96%           2.92%           1.83%
    Net interest margin(2)         3.44%           3.43%           2.33%
                                       
    Total deposits(5) $5,398,819   $25,484   1.91%   $5,464,900   $27,324   1.99%   $5,481,114   $27,726   2.03%
    Cost of funds(6)         2.01%           2.09%           2.33%
    (1) Average balance includes nonaccrual loans.
    (2) Tax equivalent. The federal statutory tax rate utilized was 21%.
    (3) Interest income includes net loan fees, loan purchase discount accretion and tax equivalent adjustments. Net loan fees were $256 thousand, $456 thousand, and $237 thousand for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024, respectively. Loan purchase discount accretion was $1.2 million, $2.5 million, and $1.2 million for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024, respectively. Tax equivalent adjustments were $981 thousand, $985 thousand, and $920 thousand for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024, respectively. The federal statutory tax rate utilized was 21%.
    (4) Interest income includes tax equivalent adjustments of $162 thousand, $168 thousand, and $387 thousand for the three months ended March 31, 2025, December 31, 2024, and March 31, 2024, respectively. The federal statutory tax rate utilized was 21%.
    (5) Total deposits is the sum of total interest-bearing deposits and noninterest bearing deposits. The cost of total deposits is calculated as annualized interest expense on deposits divided by average total deposits.
    (6) Cost of funds is calculated as annualized total interest expense divided by the sum of average total deposits and borrowed funds.
       

    Non-GAAP Measures

    This earnings release contains non-GAAP measures for tangible common equity, tangible book value per share, tangible common equity ratio, return on average tangible equity, net interest margin (tax equivalent), core net interest margin, loan yield (tax equivalent), core yield on loans, efficiency ratio, adjusted earnings and adjusted earnings per share. Management believes these measures provide investors with useful information regarding the Company’s profitability, financial condition and capital adequacy, consistent with how management evaluates the Company’s financial performance. The following tables provide a reconciliation of each non-GAAP measure to the most comparable GAAP measure.

    Tangible Common Equity/Tangible Book Value                    
    per Share/Tangible Common Equity Ratio   March 31,   December 31,   September 30,   June 30,   March 31,
    (Dollars in thousands, except per share data)     2025       2024       2024       2024       2024  
    Total shareholders’ equity   $ 579,625     $ 559,696     $ 562,238     $ 543,286     $ 528,040  
    Intangible assets, net     (93,399 )     (94,807 )     (96,257 )     (97,327 )     (100,649 )
    Tangible common equity   $ 486,226     $ 464,889     $ 465,981     $ 445,959     $ 427,391  
                         
    Total assets   $ 6,254,394     $ 6,236,329     $ 6,552,482     $ 6,581,658     $ 6,748,015  
    Intangible assets, net     (93,399 )     (94,807 )     (96,257 )     (97,327 )     (100,649 )
    Tangible assets   $ 6,160,995     $ 6,141,522     $ 6,456,225     $ 6,484,331     $ 6,647,366  
                         
    Book value per share   $ 27.85     $ 26.94     $ 27.06     $ 34.44     $ 33.53  
    Tangible book value per share(1)   $ 23.36     $ 22.37     $ 22.43     $ 28.27     $ 27.14  
    Shares outstanding     20,815,715       20,777,485       20,774,919       15,773,468       15,750,471  
                         
    Common equity ratio     9.27 %     8.97 %     8.58 %     8.25 %     7.83 %
    Tangible common equity ratio(2)     7.89 %     7.57 %     7.22 %     6.88 %     6.43 %
                                             

    (1) Tangible common equity divided by shares outstanding. 
    (2) Tangible common equity divided by tangible assets.  

        Three Months Ended
    Return on Average Tangible Equity   March 31,   December 31,   March 31,
    (Dollars in thousands)     2025       2024       2024  
    Net income   $ 15,138     $ 16,330     $ 3,269  
    Intangible amortization, net of tax(1)     1,047       1,075       1,228  
    Tangible net income   $ 16,185     $ 17,405     $ 4,497  
                 
    Average shareholders’ equity   $ 571,378     $ 563,416     $ 527,533  
    Average intangible assets, net     (94,169 )     (95,498 )     (95,296 )
    Average tangible equity   $ 477,209     $ 467,918     $ 432,237  
                 
    Return on average equity     10.74 %     11.53 %     2.49 %
    Return on average tangible equity(2)     13.75 %     14.80 %     4.18 %
                             

    (1) The income tax rate utilized was the blended marginal tax rate.  
    (2) Annualized tangible net income divided by average tangible equity.

    Net Interest Margin, Tax Equivalent/
    Core Net Interest Margin
      Three Months Ended
      March 31,   December 31,   March 31,
    (Dollars in thousands)     2025       2024       2024  
    Net interest income   $ 47,439     $ 48,938     $ 34,731  
    Tax equivalent adjustments:            
    Loans(1)     981       985       920  
    Securities(1)     162       168       387  
    Net interest income, tax equivalent   $ 48,582     $ 50,091     $ 36,038  
    Loan purchase discount accretion     (1,166 )     (2,496 )     (1,152 )
    Core net interest income   $ 47,416     $ 47,595     $ 34,886  
                 
    Net interest margin     3.36 %     3.35 %     2.25 %
    Net interest margin, tax equivalent(2)     3.44 %     3.43 %     2.33 %
    Core net interest margin(3)     3.36 %     3.26 %     2.26 %
    Average interest earning assets   $ 5,728,250     $ 5,807,386     $ 6,215,160  
                             

    (1) The federal statutory tax rate utilized was 21%.  
    (2) Annualized tax equivalent net interest income divided by average interest earning assets.  
    (3) Annualized core net interest income divided by average interest earning assets.   

          Three Months Ended
    Loan Yield, Tax Equivalent / Core Yield on Loans   March 31,   December 31,   March 31,
    (Dollars in thousands)     2025       2024       2024  
    Loan interest income, including fees     $ 59,462     $ 62,458     $ 57,947  
    Tax equivalent adjustment(1)       981       985       920  
    Tax equivalent loan interest income     $ 60,443     $ 63,443     $ 58,867  
    Loan purchase discount accretion       (1,166 )     (2,496 )     (1,152 )
    Core loan interest income     $ 59,277     $ 60,947     $ 57,715  
                   
    Yield on loans       5.62 %     5.77 %     5.42 %
    Yield on loans, tax equivalent(2)       5.71 %     5.86 %     5.51 %
    Core yield on loans(3)       5.60 %     5.63 %     5.40 %
    Average loans     $ 4,290,710     $ 4,307,583     $ 4,298,216  
                               

    (1) The federal statutory tax rate utilized was 21%.  
    (2) Annualized tax equivalent loan interest income divided by average loans.  
    (3) Annualized core loan interest income divided by average loans.  

          Three Months Ended
    Efficiency Ratio   March 31,   December 31,   March 31,
    (Dollars in thousands)     2025       2024       2024  
    Total noninterest expense     $ 36,293     $ 37,372     $ 35,565  
    Amortization of intangibles       (1,408 )     (1,449 )     (1,637 )
    Merger-related expenses       (40 )     (31 )     (1,314 )
    Noninterest expense used for efficiency ratio     $ 34,845     $ 35,892     $ 32,614  
                   
    Net interest income, tax equivalent(1)     $ 48,582     $ 50,091     $ 36,038  
    Plus: Noninterest income       10,136       10,837       9,750  
    Less: Investment securities gains, net       33       161       36  
    Net revenues used for efficiency ratio     $ 58,685     $ 60,767     $ 45,752  
                   
    Efficiency ratio (2)       59.38 %     59.06 %     71.28 %
                               

    (1) The federal statutory tax rate utilized was 21%.    
    (2) Noninterest expense adjusted for amortization of intangibles and merger-related expenses divided by the sum of tax equivalent net interest income, noninterest income and net investment securities gains.  

          Three Months Ended
    Adjusted Earnings   March 31,   December 31,   March 31,
    (Dollars in thousands, except per share data)     2025       2024     2024  
    Net income     $         15,138     $         16,330   $           3,269  
    Less: Investment securities gains, net of tax(1)                        25                      119                      27  
    Less: Mortgage servicing rights (loss) gain, net of tax(1)                     (158 )                    122                   (276 )
    Plus: Merger-related expenses, net of tax(1)                        30                        23                    986  
    Adjusted earnings     $         15,301     $         16,112   $           4,504  
                   
    Weighted average diluted common shares outstanding                 20,849                 20,851               15,774  
                   
    Earnings per common share – diluted     $             0.73     $             0.78   $             0.21  
    Adjusted earnings per common share(2)     $             0.73     $             0.77   $             0.29  
                             

    (1) The income tax rate utilized was the blended marginal tax rate.      
    (2) Adjusted earnings divided by weighted average diluted common shares outstanding.  

    Category: Earnings

    This news release may be downloaded from Corporate Profile | MidWestOne Financial Group, Inc.

    Source: MidWestOne Financial Group, Inc.

    Industry: Banks

    Contact:

      Charles N. Reeves Barry S. Ray
      Chief Executive Officer Chief Financial Officer
      319.356.5800   319.356.5800
         

    The MIL Network –

    April 25, 2025
  • MIL-OSI United Nations: Experts of the Committee on the Elimination of Racial Discrimination Commend Ukraine’s Presence Despite the Prevailing Circumstances, Raise Questions on the Treatment of Ukraine’s Indigenous Peoples and the Roma Population

    Source: United Nations – Geneva

    The Committee on the Elimination of Racial Discrimination today concluded its consideration of the combined twenty-fourth to twenty-sixth periodic reports of Ukraine.  Committee Experts congratulated the State party for appearing before the Committee despite prevailing circumstances, while raising questions on the treatment of Ukraine’s indigenous peoples and the Roma population. 

    A Committee Expert congratulated the Ukrainian delegation for making a laudable effort to assess the implementation of the Convention in the country, despite prevailing circumstances. Ukraine should be praised for this effort. 

    Chinsung Chung, Committee Expert and Co-Rapporteur, said the Committee noted that the State party adopted the law on indigenous peoples in 2021.  However, according to information before the Committee, the law only recognised Crimean Tatars, Karaims and Krymchaks as indigenous peoples in Ukraine, while excluding other groups, such as Hutsuls, Lemkos and Gagauz peoples.  Could the delegation provide clarifications on the law on indigenous peoples and how it aligned with international standards? What measures were in place to preserve and promote the identity, language and culture of all indigenous people under the jurisdiction of the State party?

    Ms. Chung also said that according to the representative of the Office of the Ombudsman of Ukraine, around 100,000 Roma became refugees, and around the same number of Ukrainian Roma became internally displaced persons.  Were accurate statistics available?  Did the State party find durable solutions for internally displaced Roma and take measures to ensure that they benefitted from assistance?  What were the State’s plans to include Roma people in recovery and reconstruction programmes?

    The delegation said in 2021, the Ukrainian Parliament adopted the law on indigenous peoples in Ukraine, which was developed through extensive consultations with indigenous groups and civil society, and represented the aspirations of these groups.  In addition, a draft law was developed on the status of the Crimean Tartar people which would be registered in Parliament in the near future. 

    Officially, Ukraine recognised three indigenous groups of peoples, including Crimean Tartars, Karaims and Krymchaks.  The Lemkos people were not considered a national minority group, but rather a cultural group.  The public broadcaster of Ukraine produced programmes for national minorities in their national languages, across broadcast, radio and digital formats. 

    Mr. Lossovskyi said in 2021, the Ukrainian Government approved the Roma strategy, and every two years action plans were prepared for its implementation.  The Roma community was a young community, one of the youngest among the national minorities in Ukraine.  It would be beneficial to use their innovation and abilities in the process of renovating Ukraine when the war was over.  The State was working on providing the Roma with more education. There were many grants provided to Roma for studying in universities. 

     

    Introducing the report, Ihor Lossovskyi, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said during the reporting period from 2014 to 2019, fundamental tragic changes took place in Ukraine, in particular the beginning of the Russian aggression.  At the height of the Russian invasion, in April 2022, Ukraine applied for membership in the European Union, and in June 2022, it received candidate status along with seven relevant recommendations in all spheres of human activity, including recommendation no. 7 on completion of the reform of legislation in the field of national minorities and interethnic relations. 

    To implement these recommendations, Ukraine developed and approved three laws, including the new law on national minorities (communities) of Ukraine, as well as 16 subordinate regulatory legal acts (bylaws) approved by the Government.

    In concluding remarks, Ibrahima Guisse, Committee Expert and Co-Rapporteur, thanked the delegation for the dialogue held, particularly given the context.  War was ended through negotiation and diplomacy, not capitulation. It was hoped this would happen with Ukraine.  The fact that Ukraine was here before the Committee was an example of the State’s willingness to cooperate.

    In his concluding remarks, Mr. Lossovskyi thanked the Committee for their time and interest in the situation in Ukraine.  The Committee’s recommendations were very much appreciated. 

    The delegation of Ukraine consisted of representatives of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience; the Coordination Centre for Legal Aid Provision; the State Committee for Television and Radio Broadcasting of Ukraine; and the Permanent Mission of Ukraine to the United Nations Office at Geneva.

    The Committee will issue its concluding observations on the report of Ukraine after the conclusion of its one hundred and fifteenth session on 9 May 2025.  The programme of work and other documents related to the session can be found here.  Summaries of the public meetings of the Committee can be found here, while webcasts of the public meetings can be found here.

    The Committee will next meet in public on Friday, 25 April at 3.p.m for a half day general discussion on reparations for the injustices from the transatlantic trade of enslaved Africans, their treatment as chattel, and the ongoing harms to and crimes against people of African descent.

    Report

    The Committee has before it the combined twenty-fourth to twenty-sixth periodic reports of Ukraine (CERD/C/UKR/24-26).

    Presentation of Report

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said during the reporting period from 2014 to 2019, fundamental tragic changes took place in Ukraine, in particular the beginning of the Russian aggression, Russia’s brazen destruction of international law, the occupation of the Autonomous Republic of Crimea and the city of Sevastopol, the occupation by the Armed Forces of the Russian Federation and terrorist organizations supported by it of certain parts of the Donetsk and Luhansk regions, as well as the financing by the Russian Federation of terrorist organizations of the occupation administrations. 

    Due to these circumstances, collecting information in the temporarily occupied territories of Ukraine was difficult. As a result of the temporary occupation of the Autonomous Republic of Crimea and the city of Sevastopol by the Russian Federation, and the aggression of the Russian Federation in eastern Ukraine, ensuring the rights of minorities in these areas, especially Crimea, had sharply deteriorated.  Ukrainians and Crimean Tatars, and those who adhered to pro-Ukrainian views, were subject to discrimination in Crimea. 

    During the reporting period, important changes also took place in the religious sphere in Ukraine.  On 15 December 2018, the Unification Council was held, at which representatives of the three Orthodox Churches of Ukraine united into a single church structure, which was called the “Orthodox Church of Ukraine”, and the Metropolitan Epiphany of Kyiv and All Ukraine was elected as its primate.  As of the beginning of 2021, this church jurisdiction had 7,097 religious organizations on the territory of Ukraine, handled by 4,537 clergy. 

    The principles of preventing and combatting discrimination were defined by the 2012 law on the principles of preventing and combatting discrimination in Ukraine.  In May 2014, amendments were made to the law, which improved the legislative definition of discrimination.  In 2019, the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience was established to deal with State policy in the field of national minorities and interethnic relations, freedom of conscience, and freedom of religion. 

    At the height of the Russian invasion, in April 2022, Ukraine applied for membership in the European Union, and in June 2022, it received candidate status along with seven relevant recommendations in all spheres of human activity, including recommendation no. 7 on completion of the reform of legislation in the field of national minorities and interethnic relations.  To implement these recommendations, Ukraine developed and approved three laws, including the new law on national minorities (communities) of Ukraine, as well as 16 subordinate regulatory legal acts (bylaws) approved by the Government. 

    The first stages of the negotiation process with the European Commission regarding Ukraine’s membership in the European Union took place, in particular, the screening of Ukrainian legislation for its compliance with European legislation.  The screening was provided under four subsections on judiciary and fundamental rights: freedom of conscience, freedom of religion; racism, xenophobia, hate speech; racial and ethnic discrimination, including Roma; and rights of national minorities. 

    Based on the results, the European Commission prepared a positive report on the state of Ukrainian legislation and its compliance with European legislation in October 2024.  The next stage of the negotiation process was the preparation of strategic documents, including an action plan to ensure the rights of national minorities in Ukraine, which were in the final stage of preparation. 

    Questions by Committee Experts

    IBRAHIMA GUISSE, Committee Expert and Co-Rapporteur, welcomed that Ukraine had a diverse and high-level delegation.  Ukraine’s presence before the Committee despite the difficult context in the country highlighted the country’s commitment to appear before the treaty bodies. Mr. Guisse then paid tribute to Pope Francis who had been a man of peace. 

    During the period under review, Ukraine had experienced deep upheavals, including the large-scale invasion in 2022, which had given rise to large-scale destruction, human loss and mass displacement. According to information before the Committee, the last census conducted in 2001 showed that the main minority groups included Russians, Belarusians, Moldovans, Crimean Tatars and Bulgarians. Ukraine also has smaller populations of Poles, Romanians, Armenians, Hungarians, Roma and other nationalities.  A subsequent census was supposed to be conducted in 2011, which was postponed until 2020, and had not taken place until now. 

    Other data was also not provided, and the Committee emphasised that the lack of statistics limited the ability to evaluate the enjoyment of different groups of their economic, social and cultural rights.  Were there plans to conduct the census based on the principle of self-identification? What were the measures planned to collect data on the enjoyment of economic and social rights by the different groups under the jurisdiction of the State party? 

    The Committee noted that the legal framework, particularly on principles of preventing and combatting discrimination in Ukraine, did not prohibit discrimination based on all grounds listed in the Convention, particularly national origin and descent.  Were there plans to amend and align the national legislation framework with article 1 of the Convention?  What measures were taken to ensure that the legislative framework prohibited intersecting forms of discrimination? 

    Could the delegation inform the Committee on the implementation of the national human rights strategy for 2015–2020 in 2015 and its action plan?  Was there a timeframe for developing and adopting a strategy on combatting racial discrimination?

    Could the delegation provide information on the mandate and activities of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience?  What were the measures to ensure the consultation and participation of groups vulnerable to racial discrimination in the work of the State Service?  Was the State party planning to establish a central mechanism to coordinate and monitor the implementation of measures designed to combat racial discrimination?

     

    The Committee was concerned that the legislative framework, including the Criminal Code, did not include a definition of all forms of discrimination, or a specific definition of hate speech or sanction for hate speech and crimes.  What measures were being undertaken to review and amend the legislative framework to prohibit all forms of racial discrimination, hate speech and hate crimes in accordance with the Convention? 

    Was the State party planning to amend its Criminal Code, particularly article 161, to remove the requirements and restrictive approach as recommended by the Committee in 2016?  What was the status of the draft law no. 5488 before the Parliament?  How were its provisions in line with the Convention?   

    Could information be provided on the legislative framework on combatting racial discrimination in political discourse, as well as information on complaints received, investigations initiated, and imposed sanctions in this field?  The Committee noted that the law on media included provisions on discrimination and incitement to hatred.  Could clarifications on the law and how its provisions aligned with the Convention be provided?  Could the delegation inform the Committee about measures taken to combat hate speech in the media and over the Internet?  Was there a designated entity to monitor hate speech or avenues to submit complaints by victims? 

    Responses by the Delegation 

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said unfortunately, the last census of Ukraine had taken place in 2001, which was 24 years ago.  There were several reasons for this, including two Ukrainian political revolutions during this time and the beginning of the war with Russia in 2014. The next census had been planned for 2023, but this had been postponed due to the full-scale invasion by the Russian Federation in 2022.  It was impossible in current circumstances to hold another census. 

    Significant work in combatting racial discrimination had been undertaken in the past three to four years.  The State Service of Ukraine for Ethnic Affairs and Freedom of Conscience was established in 2019 and began its work in 2020. The institute directly dealt with issues of national minorities and ethnic policies and consisted of around 40 people. 

    Over the past couple of years, three laws had been adopted by the parliament, including the new law on national minority communities of Ukraine.  This new law was revolutionary, as it described the ethnic policy for Ukraine and prescribed tasks for the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience. According to the law, all those who considered themselves to be national minorities would be recognised by the State as such.  Ukraine had 130 national minorities, and the State took responsibility for all these communities. 

    There was a lack of strict definitions in Ukrainian laws around hate speech and hate crimes.  Ukrainian institutions were working hard to integrate these into Ukrainian legislation.  There was an interagency working group dealing with issues of discrimination, hate speech and hate crime. 

    Questions by Committee Experts

    IBRAHIMA GUISSE, Committee Expert and Co-Rapporteur, appreciated the answers given, noting the circumstances within the country.

    CHINSUNG CHUNG, Committee Expert and Co-Rapporteur, asked for more details on the interagency working group to be provided?  Could more information on the national human rights institution be provided? 

    A Committee Expert said Ukraine’s non-compliance with article 4 was an ongoing issue.  It was strongly recommended that the State follow up on this. 

    Another Expert asked how effective the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience had been in protecting minority rights in Ukraine?  What was the level of participation of national minorities in consultations on State decisions?  Had there been any improvements based on these discussions? 

    A Committee Expert said the situation in Ukraine was incomprehensible.  What could be done about hate speech?  Did Russian people hate Ukrainian people?  Personally, the Expert did not feel this was the case. How could this explain why not everyone opposed the war which continued to take more lives?  While there was hatred, men would continue to wage war. 

     

    FAITH DIKELEDI PANSY TLAKULA, Committee Expert and Follow-Up Rapporteur, expressed gratitude to the State party for responding to the Committee’s request in the one-year time frame, however, many questions by the Committee were not addressed, nor were they provided in the current State report.  Could the State party provide the Committee with the previously requested information in paragraph 16 of the concluding observations? 

    Responses by the Delegation 

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said the questions about the war were philosophical.  This was an existential war for the Ukrainian nation. According to the Russian dictator, Ukrainians did not exist and needed to be re-educated.  To stop the war, the Russian dictator should provide a decree to forces to stop the fight and withdraw from the territory of Ukraine. 

    The Commissioner of Human Rights had a special department focusing on discrimination.  After the screening exercise with the European Union, Ukraine understood there were some gaps in its legislation, particularly when it came to definitions.  Many new laws and bylaws had been approved to fill these gaps, and this was a key focus of the State Service for Ethnic Affairs and Freedom of Conscience. Communication with national minorities was a key step in this regard. 

    Around seven million Ukrainians had left Ukraine as refugees or moved around Ukraine as internally displaced persons. Many people treated the Roma community differently.  The national action plan for the Roma strategy to 2030 was evaluated every two years. Every year, many different roundtables and conferences were organised by the State on the Roma community. 

    Two forums had been organised for the different minorities to discuss any issues they had and how to address them. A forum was organised in Kiev with Polish national minorities, and another one with Greek national minorities. There was a strategy on the development of the Crimea Tartare language.  This year, work had also been finished on the new spelling of the Crimean Tartare language. 

    Questions by Committee Experts

    CHINSUNG CHUNG, Committee Expert and Co-Rapporteur, asked about concrete cases of racially motivated violence and racial profiling, and the measures taken to respond to these cases?  What measures had been taken for increasing public awareness-raising campaigns and other measures to counter incitement to hatred and hate crimes?  The Committee would also like to receive information on measures to prevent discriminatory violence by the police and other law enforcement officers; measures to ensure accountability for incidents of discriminatory violence; and data on these kinds of incidents?

    The Committee was concerned about racist hate speech and discriminatory statements in the public discourse, including by public and political figures and in the media.  How did these victims address their cases, and how effectively were these cases treated?  How many complaints had been received in the last five years, and what was the number of investigations initiated, cases considered before courts, and sanctions imposed on perpetrators?  Could detailed information be provided on complaints registered with the courts, or any other national institution, including the Ukrainian Parliament Commissioner for Human Rights, concerning acts of racial discrimination, racist hate speech and racist hate crimes?

    According to information before the Committee, there were gaps in the implementation of the legal framework, including the lack of specialisation among law enforcement officials and lack of operational standards to handle, register and investigate complaints of racial discrimination and hate crimes.  What measures were being taken to address these concerns, particularly to enhance the capacity of law enforcement officials in handling and investigating complaints related to racial discrimination and hate speech? 

    Information before the Committee indicated that there was a lack of awareness on the rights of victims of racial discrimination and fear of approaching law enforcement officials on this topic.  What measures were being taken to address these issues?  Could a reason be provided for the low rate of complaints at the National Human Rights Commission?  What measures were being taken to enable victims to make complaints more effectively? 

    The Committee welcomed the adoption of amendments in 2024 on the law on free legal aid to allow victims of hate crimes on specific grounds to benefit from secondary legal aid.  However, the information before the Committee indicated that the victims were only entitled to the legal aid at the secondary stage and not to initiate a complaint.  In addition, the implementation of the amendment was postponed until one year after the martial law was abolished.  Could the delegation provide information on these two concerns? 

    Could disaggregated data be provided on complaints by ethnic origin such as by Roma, Jews, Africans and other minorities, as well as by national origin and gender?  Had the complaints changed during the armed conflict, in terms of quantity, nature and results?  What measures were being taken to promote human rights education, including on racial discrimination, in university programmes and teacher training?

    What measures were being taken to raise awareness of the public, civil servants, and law enforcement officials in order to combat societal prejudice against certain minority groups, including the Roma?

    Could accurate statistics of ethnic minorities, including Roma, be provided?  The Committee remained concerned at the persistence of discrimination, stereotypes and prejudices against Roma, including reports of physical attacks and killings. 

    Recent research also demonstrated that the level of antigypsyism in Ukraine was still very high.  According to the social cohesion study, 35 per cent of the Ukrainian population did not want Roma to be in their community at all. What measures had the Government of Ukraine taken to fight antigypsyism? 

    Could data on the education conditions of Roma be provided?  What measures had been taken for improving the situation of education for Roma children? Were they educated in their mother tongue without discrimination?

    The Committee noted the various measures taken by the State party to improve the situation of Roma, including the strategy for the protection and integration of the Roma national minority to 2020 and its action plan.  Could information on the progress and results of strategies and programmes directed at the Roma be provided, particularly the allocated resources to ensure the effective implementation of the strategy and action plan and monitoring of its implementation?  How were members of the Roma ethnic minorities involved in the implementation and monitoring of these policies?  Had the Government consulted with Roma communities when planning and implementing such integration measures, including at the local level?  How were the low levels of funding for these plans being addressed? 

    Responses by the Delegation

    The delegation said the issues affecting the Roma community were a problem, not just for Ukraine but for all European countries.  Prejudices still existed, however, during the war, many Roma men had served in the Ukrainian armed forces and in some cases sacrificed their lives, which had changed the attitude of Ukrainians towards Roma people.  A unity and diversity programme was implemented last year, which was a Ukrainian national cultural programme, with training for Ukrainian police officers. 

    The lack of documents in Roma communities was an issue but this was being addressed through regular visits to regions where the Roma community lived.  Thousands of Roma people had been provided with new documents.

    In 2023, around 60 consultations were organised with different national minority groups.  Permanent consultations and meetings were held with Roma communities. The consultations included members of all relevant ministries.  The next meeting had been planned for the end of April.  April 8 was International Roma Day and a large event had been organised in Kiev, including a roundtable and an all-day conference with the participation of ambassadors and the diplomatic corps.  On the same day, several regions also organised International Roma Day celebrations with different events. 

    Questions by Committee Experts

    A Committee Expert said the implementation of the Committee’s recommendations were lacking.  How were the stakeholders in the consultations selected? The Expert expressed hope that the war would end soon with a fair and sustainable solution.  It was important to remember that the unity towards Roma people should be sustained after the war, and that the stereotypes did not return. 

    FAITH DIKELEDI PANSY TLAKULA, Committee Expert and Follow-Up Rapporteur, said the Committee’s recommendations regarding measures taken to conduct training to raise awareness on the amendments to article 161 of the Criminal Code had not been addressed, and urged the State party to provide this information. 

    Another Expert asked what existing mechanisms were in place to receive complaints from victims of hate crimes? Were they user friendly?

    A Committee Expert asked whether the education system in the State party allowed for the type of education help to prevent hate crimes and racial intolerance for children?  Were there any significant numbers of people of African descent in the State party?  Would Ukraine support the Second Decade for People of African Descent? 

    IBRAHIMA GUISSE, Committee Expert and Co-Rapporteur, asked if Ukraine’s desire to align itself with the European Union’s legislation on hate speech was to address hate speech, or to bring its legislation into line with that of the European Union? 

    An Expert asked if the outcome of today’s dialogue would be brought to the attention of the media?

    Responses by the Delegation

    The delegation said if the Committee approved, Ukraine would provide information to the media about the meeting. Regardless of the ethnicity or culture of any citizen, they could contact the police and make a complaint. There were special school curricula on tolerance and education.  There should be more education in schools, from the youngest level possible. 

    There was an African community in Ukraine; it was not very big but its members were consulted on many issues. The African community had never informed the Government about any issues when dealing with the Ukrainian community. 

    The legal aid system of Ukraine provided several services, including primary and secondary legal aid and access to alternative dispute resolutions.  Regular targeted information campaigns were conducted on the right to legal aid, to provide empowerment for vulnerable groups and build trust in the legal aid system in Ukraine.  There had been only 91 cases of requests for legal aid during the past three years.  There were 500 legal aid centres across Ukraine, as well as an online service. 

    Six months ago, the Government adopted the list of the languages of the national minorities of Ukraine which were under threat of disappearance, and this included the Roma language. Currently, there was a special working group of experts who were familiar with these languages working on initiatives in this regard.

    In a brief comment at the end of the first meeting, MICHAL BALCERZAK, Committee Chair, said the dialogue was public and it was up to Ukraine if it wished to produce information on the discussion. 

    Questions by Committee Experts

    IBRAHIMA GUISSE, Committee Expert and Co-Rapporteur, asked if measures were planned to assess and review the law on national minorities (communities) of Ukraine that aimed to eliminate all discriminatory provisions?  What measures had been taken to consult and ensure the participation of all ethnic and national minority groups in the process of developing and drafting the law and its amendments? 

    While noting the measures taken by the State party to protect Crimean Tatars, in particular those who fled Crimea after 2014, the Committee remained concerned about reports that Crimean Tatars in regions under the authority of the State party faced difficulties in accessing employment, social services and education, and did not receive assistance. What mechanisms had been developed to ensure consultations with ethnic minority groups? 

    Did the State party have information concerning the National Council for Interethnic Harmony?  What measures had been taken by the State party to support women belonging to ethnic or national minority groups in exercising their political rights, including participation in public affairs and raising awareness on their rights and the vital impact of their participation?  What measures were being taken to mitigate the impact of the ongoing conflict on the participation of women in politics?   

     

    According to information received, legislative amendments relating to religious organizations entered into force on 23 September 2024, invoking “national security” as a ground for restricting freedom of religion or belief and freedom of religious association. However, this was not considered a permissible grounds for restriction of freedom of religion under the Convention. What were the measures restricting freedom of religion and belief and their impact on the ethno-religious communities concerned?  Information received referred to practices tending to prohibit the activities of religious organizations, specifically the activities of the Russian Orthodox Church. Could information be provided on the necessity and proportionality of such punitive measures?

    The situation of migrants, asylum seekers, refugees, and stateless persons in Ukraine had been significantly impacted by recent legal and practical developments, particularly since the introduction of martial law in February 2022.  The current legal framework and its implementation presented several challenges that were inconsistent with the Convention. 

    The refugee status determination process in Ukraine did not align with international standards, leading to inconsistent application of legal interpretations and time limits for lodging asylum applications.  This often resulted in the rejection of asylum claims.  New practices had restricted access to asylum and statelessness determination procedures, especially for individuals with ties to the Russian Federation and Belarus.  The State Migration Service often issued oral refusals for asylum applications without official decisions, citing martial law as a reason.  This practice had been recognised by courts as illegal, yet it persisted, leaving applicants in legal limbo.

    How would Ukraine address the inconsistencies in the asylum procedures to ensure alignment with international standards and the Convention?  What legal amendments were introduced under martial law and what was their impact on the rights of refugees and stateless persons?  What procedural safeguards were in place to protect individuals from forcible deportation?  What steps were being taken to improve access to the asylum and statelessness determination procedures, particularly for individuals with ties to the Russian Federation and Belarus? 

    How was the Government addressing the challenges posed by the suspension of diplomatic relations with Russia in verifying nationality in statelessness determination procedures?  What plans did the Ukrainian Government have to develop an integration strategy for refugees and improve reception conditions for asylum seekers?  What steps were being taken to address the unlawful practice of issuing verbal refusals for asylum applications and ensure that applicants received official decisions?

    The Government of Ukraine had made significant strides in addressing statelessness since 2020, including the introduction of a statelessness determination procedure. Despite these efforts, several challenges remained, particularly in the implementation of the procedure and the accessibility of necessary documentation for applicants, which was further exacerbated by the conflict. 

    On 22 January 2024, draft law no. 11469, titled “on amendments to certain laws of Ukraine on ensuring the right to acquire and preserve Ukrainian citizenship” was registered in the Ukrainian Parliament.  The draft law, if passed, could result in the loss of Ukrainian citizenship for residents in Russian-occupied Ukrainian territories, who often had to obtain Russian passports to access basic services, employment, and social benefits. How did the Ukrainian Government plan to address the potential risk of stripping Ukrainian citizenship from residents of occupied territories who acquired Russian citizenship under duress or due to essential needs, such as access to basic services and employment?

    MICHAL BALCERZAK, Committee Chair, said Kiev had been under attack the night before and there had been casualties.  This was a serious and sad situation.  The Committee understood the situation and was very concerned about these tragic events. 

    Responses by the Delegation

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said many members of the delegation had barely slept the night before. Russia had launched missiles from the Black Sea and inside Russia and had bombed Kiev.  Up to now, there were 10 citizens who had been killed and 100 wounded, including children.  Every day, there were peaceful victims of this tragic and bloody war.  The delegation in Ukraine had lost contact with the Committee at the beginning of the session and missed some questions.

    Regarding the law on ethnic minorities, several meetings had been organised with national minorities during the development of the law, predominantly online due to the war.  In December 2022, Parliament adopted the law. At the request of some national minority organizations, the State used the term “communities” instead of minorities. The law encompassed all groups of ethnic peoples, which was around 130 according to the most recent census. 

    Ukraine did not have many new asylum seekers as the situation in the country was not sustainable for a peaceful life. 

    The Ombudsman’s Office was referred to as the Parliamentary Commission of Human Rights.  The independence of this Office was guaranteed, ensuring it could function without undue influence from any external entities.  This enabled the Office to effectively address human rights and issues of non-discrimination.  Its annual report outlined steps taken to combat discrimination. It was a large institution with around 500 employees.  There were branches located across 24 regions of Ukraine.  In 2024, there were 454 complaints received by the Office.  The Office monitored all issues of non-discrimination.  All reports of the Office were public and could be found online.   

    Questions by Committee Experts

    IBRAHIMA GUISSE, Committee Expert and Co-Rapporteur, expressed sorrow at the recent shocking events which had wracked the Ukrainian capital.  What was the impact of martial law on asylum seekers, refugees and stateless persons? 

    CHINSUNG CHUNG, Committee Expert and Co-Rapporteur, asked about the situation of lesbian, gay, bisexual, transgender and intersex persons belonging to minority groups, as well as the situation of elderly people belonging to these groups?  What was the situation of migrant workers, particularly in this situation of armed conflict?

    A Committee Expert asked how far Ukraine had gone in implementing the decision of the European Court of Human Rights on a case versus Ukraine?   

    Another Committee Expert congratulated the Ukrainian delegation for making a laudable effort to assess the implementation of the Convention in Ukraine, despite prevailing circumstances. Ukraine should be praised for this effort.  The Expert was concerned about allegations of racism at the Ukrainian Polish border. Had there been any follow-up on such reports?  How many cases had been brought to court? 

    There had been allegations of racism in sport, including with a Brazilian footballer who was banned for one game after reacting to crowds calling him monkey.  How had this case been handled?  Ukraine should be congratulated for adopting the law on stateless in 2021.  How many individuals had benefitted from the enforcement of that law?  How did the State party plan to provide Roma with national documents? 

    Another Expert said African nationals had been facing discrimination at the borders. 

    What measures were being taken by the State party to ensure the protection, safety and security of all persons living in its jurisdiction? 

    Responses by the Delegation

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said Ukrainian legislation underscored equal rights for men and women. Half of the ministers of the Government were women.  Many women in Ukrainian society occupied high-level positions.  Women from Roma communities were among the most vulnerable. The State had organised several events, including roundtables, which assisted Roma women to find their place in society. 

    Due to the war, Ukraine no longer had many migrant workers.  It was hoped that this would change after the war.  The country would need many workers for innovation and to help rebuild Ukraine. It was hoped workers from many countries would come to Ukraine after the war and help rebuild the hundreds of cities which had been destroyed or partially destroyed. 

    Mr. Lossovskyi said he had not heard of cases of discrimination on the border between Ukraine and Poland.  The case of discrimination regarding the Brazilian football player was an awful occurrence which was not typical for Ukraine. There had been a police investigation, but he could not recall the exact outcome. 

    The delegation said the aggression by the Russian federation had led to a huge influx across Ukraine’s borders. The Government took all accounts of discriminatory treatment very seriously.  Despite difficult conditions, the Government had managed to keep all checkpoints on the borders open. 

    Mr. Lossovskyi said in 2022, a pilot project was launched to provide documents to Roma people in a more effective way.  This was organised in a region where the majority of Roma people lived.  Every year, the State continued this work and made several visits to these places. 

    The delegation said the draft law 5488 was being considered before parliament.  It was hoped the law would be adopted during the current session of Parliament.  The draft law provided for the term “intolerance” and addressed issues under this topic.  All law enforcement agencies were currently working together to introduce the necessary amendments to the Criminal Code.  Police officers had completed specialised human rights training.  Outreach activities, including in schools, were carried out to combat negative stereotypes on the Roma population. 

    Questions by Committee Experts

    CHINSUNG CHUNG, Committee Expert and Co-Rapporteur, said the Committee believed in the necessity of investigating and documenting all human rights violations and abuses committed in the context of the ongoing armed conflict and invasion initiated by the Russian Federation against the State party on 24 February 2022.  What measures had been taken to ensure prompt and impartial investigations?  Could the delegation provide information on investigations and prosecutions into allegations of human rights violations and abuses during the armed conflict with the Russian Federation?

     

    On 11 October 2018, the Holy and Sacred Synod of the Istanbul-based Ecumenical Patriarchate granted autocephaly to a new church, the “Orthodox Church of Ukraine”.  This led to tensions with the Ukrainian Orthodox Church.  The Church was formerly linked to the Russian Orthodox Church under the Patriarch in Moscow, but stated that it severed those ties in May 2022, following the full-scale invasion by the Russian Federation. 

    It was reported that on 23 September 2024 in territory controlled by the Government of Ukraine, new legal provisions regarding religious organizations entered into force, prohibiting the activities of foreign religious organizations based in a State responsible for armed aggression against Ukraine or occupation of its territory, and specifically prohibiting the activities of the Russian Orthodox Church. Could detailed explanations be provided on this and on measures to ensure the respect of the rights to freedom of thought, conscience and religion?

    According to media reports in January 2025, the State party announced the capturing in Russia of two soldiers from the Democratic People’s Republic of Korea, and indicated that they were detained and provided with medical care.  Could the delegation provide information on the situation of these two prisoners of war? What were the legal measures taken against them?  Were there more prisoners of war captured by the State party from other nationalities, including mercenaries? 

    The Committee noted that the State party adopted the law on indigenous peoples in 2021.  However, according to information before the Committee, the law only recognised Crimean Tatars, Karaims and Krymchaks as indigenous peoples in Ukraine, while excluding other groups, such as Hutsuls, Lemkos and Gagauz peoples.  Could the delegation provide clarifications on the law on indigenous peoples and how it aligned with international standards?

    Were there plans to assess and review the law?  What was the situation of the Hutsuls, Lemkos and Gagauz peoples?  What measures were in place to preserve and promote the identity, language and culture of all indigenous people under the jurisdiction of the State party?  Could information be provided on the situation of internally displaced Crimean Tatars, and measures to ensure their access to education, housing, employment, healthcare services and humanitarian assistance?  Was the State party taking measures in consultation with the Crimean Tatar community to find durable solutions for an appropriate settlement of Crimean Tatars in Ukraine?

    The Committee was concerned that during the war, persons belonging to minorities, such as Roma, had difficulties in registering as internally displaced persons and having access to social assistance.  According to the representative of the Office of the Ombudsman of Ukraine, around 100,000 Roma became refugees, and around the same number of Ukrainian Roma became internally displaced persons.  Were accurate statistics available on the Roma?  Did the State party find durable solutions for internally displaced Roma and take measures to ensure that they benefitted from assistance?  What were the State’s plans to include Roma people in recovery and reconstruction programmes?

    What efforts were being made to restore linkages between displaced children and their families?  What efforts were being made to ensure access to education and basic services for displaced children?

    Ukraine’s inadequate response to hate crimes against migrants, African and Asian students and other foreigners had previously attracted international criticism.  What was the situation of non-citizens, particularly migrants, refugees and asylum seekers, and people of African and/or Asian descent during the armed conflict?  Could the delegation provide clarification on the situation of detained undocumented migrants and non-citizens?  Could the delegation also please provide information on measures to ensure their access to education, housing, employment, healthcare services and humanitarian assistance?

    Responses by the Delegation

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said Ukraine did not refer to what was going on in Ukraine as conflict. This was a bloody, existential, colonial war with Russia, not simply a conflict.  In 2018, the Ukrainian Church received independence from the Patriarchal Eastern Christianity Church based in Istanbul, Türkiye.  This was a revolutionary decision, as Ukraine was a big country and did not have an orthodox church.  Now there was an independent church of Ukraine, like all other Christian Orthodox countries.  No other activities of other churches were forbidden in Ukraine.  The only restrictions were for the Russian Orthodox Church, which had restricted activity on the territory of Ukraine. This was because it was an accompaniment of the Russian aggression which had destroyed the country and killed hundreds of thousands of people. 

    Ukraine provided the international standard for prisoners of war in their prison facilities, which were regularly visited by the Ukrainian Ombudsman.  In 2021, Ukraine adopted the law on indigenous peoples and consulted with many minorities on this law.  Indigenous peoples were defined as those who lived on the territory of Ukraine and did not have a mother country.  The Lemkos people were not considered a national minority group, but rather a cultural group. 

    In 2021, the Ukrainian Government approved the Roma strategy, and every two years action plans were prepared for its implementation.  The Roma community was a young community, one of the youngest among the national minorities in Ukraine.  It would be beneficial to use their innovation and abilities in the process of renovating Ukraine when the war was over.  The State was working on providing the Roma with more education.  There were many grants provided to Roma for studying in universities. 

    The delegation said in 2021, the Ukrainian Parliament adopted the law on indigenous people in Ukraine, which was developed through extensive consultations with indigenous groups and civil society, and represented the aspirations of these groups.  In addition, a draft law was developed on the status of the Crimean Tartar people which would be registered in Parliament in the near future. 

    To ensure prisoners of war were not tortured, relevant legislation and policies had been developed.  Three legislative acts had been produced to regulate these affairs. 

    Questions by Committee Experts

    CHINSUNG CHUNG, Committee Expert and Co-Rapporteur, asked if there were representative bodies of minorities inside the Cabinet of Ministers of Ukraine?  How did the State party ensure consultations with all indigenous peoples under the framework of this law? 

    Another Expert said 10 to 20 per cent of Ukrainian Roma did not have identity documents?  Was there a provision for determining statelessness in the act on statelessness?  Did the Roma community benefit from universal birth registration? 

    A Committee Expert asked how many of the ethnic and national minorities participated in the relevant bodies in the Government?  How many Roma, indigenous, or migrant women had been hired or granted responsibility positions, or were integrated in the responsibility of the work? 

    Responses by the Delegation

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, said when the law on indigenous peoples was adopted, several bylaws were prepared for the implementation of the law.  According to one of the bylaws, Crimean Tatars regularly consulted with the Government.  Only during the population census could the Government request information about the ethnic groups.  Sometimes women with high-ranking positions did not disclose their ethnicity.  It was up to people to declare this. 

    The delegation said due to the Russian full-scale invasion, there were problems preparing full statistical information on ethnic minorities.  The legal aid system in Ukraine had provided legal assistance to more than 1,000 Roma people over the past three years.  Most of these related to the processing of identity documents.  Secondary legal aid had been provided for 27,000 internally displaced people over the past three years, due to the full-scale invasion. 

    Officially, Ukraine recognised three indigenous groups of peoples, including Crimean Tartars, Karaims and Krymchaks.  Crimean Tartars were represented by an executive body; the spiritual administration of Ukraine represented the Karaim people; and there was no official information regarding a body for the Krymchaks, although they had the full rights to establish such a body under law. 

    Currently, there was no definition of hate speech under Ukrainian law.  The Government of Ukraine had prepared a draft roadmap covering this issue. In Ukraine, a working group made up of State authorities and public organizations was working on a definition of hate speech and establishing administrative and criminal liability depending on the severity of the crime. 

    The public broadcaster of Ukraine continued to create a single information space for minorities.  The broadcaster produced programmes for national minorities in their national languages, across broadcast, radio and digital formats.  The State bodies would do their best to cover all the information needs of the national minorities in Ukraine. 

    Closing Remarks

    FAITH DIKELEDI PANSY TLAKULA, Committee Expert and Follow-Up Rapporteur, said the Committee would send Ukraine concluding observations after the dialogue, with specific recommendations to be enacted within a period of one year. 

    IBRAHIMA GUISSE, Committee Expert and Co-Rapporteur, thanked the delegation for the dialogue held, particularly given the context.  War was ended through negotiation and diplomacy, not capitulation.  It was hoped this would happen with Ukraine. The fact that Ukraine was here before the Committee was an example of the State’s willingness to cooperate. Ukraine was also meeting with the Committee against Torture at the same time, which may have weakened Ukraine’s ability to provide comprehensive answers. 

    IHOR LOSSOVSKYI, Deputy Head of the State Service of Ukraine for Ethnic Affairs and Freedom of Conscience, thanked the Committee members for their time and interest in the situation in Ukraine.  The Committee’s recommendations were very much appreciated. 

    MICHAL BALCERZAK, Committee Chair, said racial discrimination was about ethnic and national origin.  The Committee was concerned when ethnic minorities were denied their identity.  This led to wars.  It was now the sixtieth anniversary of the Convention, and the first composition of the Committee had included an expert of Ukrainian origin.

    ___________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

    CERD25.002E

    MIL OSI United Nations News –

    April 25, 2025
  • MIL-OSI: APA Corporation and Partners Lagniappe Alaska and Santos Announce Successful Flow Test in Alaska’s North Slope at Sockeye-2 Exploration Well

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, today announced the results of the successful flow testing of the Sockeye-2 exploratory well. Apache holds a 50% working interest, operator Lagniappe and partner Santos each hold 25% working interests in the 325,411-acre exploratory block located on state lands of the eastern North Slope.

    As previously announced, the Sockeye-2 well was successfully drilled to a depth of approximately 10,500 feet and encountered a high-quality Paleocene-aged clastic reservoir with an average porosity of 20%. The vertical Sockeye-2 well was completed in a single 25-foot interval at approximately 9,200 feet TVD, without stimulation. The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift. The results of the flow test indicate significantly higher reservoir quality compared to similar topset discoveries to the west. Further appraisal drilling will determine the ultimate size of the discovery, but the flow test demonstrates the exceptional productivity of this shallow-marine reservoir.

    “We are excited about the performance from the Sockeye-2 well, which could greatly benefit the state of Alaska and the U.S.,” said Bill Armstrong, CEO of Armstrong Oil & Gas. “This discovery significantly extends the prolific Brookian topset play first established with our Pikka discovery in 2013.  We have identified analogous anomalies to investigate following on this success.” 

    “The results from the Sockeye-2 flow test are consistent with our expectations, demonstrating high quality reservoir, confirming our geologic and geophysical models and derisking additional prospectivity in the block. We will evaluate the data from the Sockeye-2 well to determine the next steps in our Alaska program,” added John J. Christmann, APA Corporation CEO. 

    About APA

    APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.

    Forward-Looking Statements

    This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “continues,” “could,” “estimates,” “expects,” “goals,” “guidance,” “may,” “might,” “outlook,” “possibly,” “potential,” “projects,” “prospects,” “should,” “will,” “would,” and similar references to future periods, but the absence of these words does not mean that a statement is not forward-looking. These statements include, but are not limited to, statements about future plans, expectations, and objectives for operations, including statements about our capital plans, drilling plans, production expectations, asset sales, and monetizations. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See “Risk Factors” in APA’s Form 10-K for the year ended December 31, 2024, and in our quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business. Any forward-looking statement made in this news release 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. APA and its subsidiaries undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.

    Contacts

    Investor: (281) 302-2286
    Media: (713) 296-7276        
    Website: www.apacorp.com

    APA-G

    The MIL Network –

    April 25, 2025
  • MIL-OSI Banking: Motorola razr reboot: Iconic style, moto ai smarts — and Verizon-exclusive savings

    Source: Verizon

    Headline: Motorola razr reboot: Iconic style, moto ai smarts — and Verizon-exclusive savings

    [The big news]

    The new motorola razr is coming to Verizon, and it’s smarter, sleeker and more iconic than ever. With moto ai built in, it does more of the thinking for you — organizing notes, creating playlists and helping you find info fast.

    Orders start May 15 in PANTONE Gibraltar Sea, PANTONE Spring Bud and PANTONE Parfait Pink — all for $16.67/month for 36 months (0% APR; $599.99 retail). Or get it on us by trading in your current smartphone in any condition on myPlan — and get a three year price lock on America’s largest network.

    [Why Verizon is the best place to get your motorola razr]

    • Free razr with trade-in and 3-year price lock: New and current customers can get the new motorola razr for $0 a month for 36 months (0% APR) with trade-in of any Motorola, Apple, Google or Samsung phone — in any condition — with any myPlan. Verizon continues to provide value for its customers with an industry-leading guarantee — a 3-year price lock on all myPlan and myHome network plans and free satellite texting. Price guarantee applies to base monthly rate only.
    • Perks built for you: myPlan and myHome customers can save over 40% on five of the most popular subscription services, Netflix & Max and Disney+, Hulu and ESPN+. All 5 for just $20/mo.
    • Verizon Value, too: Not a Verizon customer? Get the new motorola razr on Straight Talk, Visible, Total Wireless and Verizon Prepaid.

    [Why it’s awesome]

    • Your AI assistant, always on: With moto ai, just say what you need — “Catch me up,” “What was I getting for Gabe?” — and it summarizes or finds info instantly.
    • Flip it like it’s 2025: The iconic design is back with a durable titanium hinge, soft-touch materials and vibrant Pantone-curated colors.
    • Two screens, no limits: Use all your favorite apps on the 3.6” external screen, or unfold to enjoy content on the massive 6.9” display.
    • Pro camera power: Capture stunning photos and silky-smooth video with a 50MP camera system powered by moto ai.
    • Battery that lasts: Power through your day with a 4500mAh battery and 30W TurboPower charging.
    • Smarter media, less effort: Playlist Studio recognizes what’s on your screen and auto-generates playlists to match your mood or activity.
    • Smarter performance: The new processor delivers up to 15% better AI performance and 25% better power efficiency.

    [How to get your new motorola razr]

    • Available May 15 online and in stores nationwide.
    • Business customers: Visit Verizon Business for exclusive pricing and offers.
    • Visit Straight Talk, Total Wireless and Visible on May 15 to purchase your motorola razr.

    Trade-in offer disclaimer: $599.99 purchase w/new or upgrade smartphone line on Unlimited Ultimate, postpaid Unlimited Plus or Unlimited Welcome plan (min. $65/mo w/Auto Pay (+taxes/fees) for 36 mos) req’d. Less $600 trade-in/promo credit applied over 36 mos.; promo credit ends if eligibility req’s are no longer met; 0% APR. For upgrades, trade-in phone must be active on account for 60 days prior to new device purchase. Trade-in must be from Motorola, Apple, Google or Samsung; trade-in terms apply.

    3-yr price guarantee: myPlan: Applies to the then-current base monthly rate for your talk, text, and data. Excludes taxes, fees, surcharges, additional plan discounts or promotions, and third-party services. Void if any of the lines are canceled or moved to an ineligible plan. Plan perks, taxes, fees, and surcharges are subject to change. myHome: Price guarantee for 3-5 years, depending on internet plan, for new and existing myHome customers. Applies only to the then-current base monthly rate exclusive of any other setup and additional equipment charges, discounts or promotions, plan perk and any other third-party services.

    “Largest Network” – Verizon has America’s Best Mobile Coverage, based on analysis by Ookla® of Speedtest Intelligence® data for Q3–Q4 2024.

    MIL OSI Global Banks –

    April 25, 2025
  • MIL-OSI Europe: Answer to a written question – Inquiry into the Chinese Government’s role in financing and running DeepSeek, and in applying censorship – E-000394/2025(ASW)

    Source: European Parliament

    The Commission monitors developments related to potential distortions in the Single Market to ensure its integrity, protect investors, and maintain a level playing field for all businesses.

    Regarding China, the Commission is indeed concerned about broad ranging distortions in the economy as documented in the Commission Staff Working Document of 10 April 2024[1].

    The Digital Services Act[2] (DSA) protects freedom of expression and information, regulating intermediary service providers in the EU. DeepSeek models are subject to ideological censorship and is therefore in conflict with EU’s principles.

    Large Language Models (LLMs) would not by themselves constitute a separate service regulated under the DSA, but intermediary services using LLMs like DeepSeek may be regulated by the DSA, depending on their features.

    The Artificial Intelligence (AI) Act[3] covers general-purpose AI (GPAI) models, such as DeepSeek, which must provide technical documentation, with further obligations for GPAI with systemic risk. GPAI models released prior to 2 August 2025 shall comply by 2 August 2027. The Commission will continue to take a vigilant and proactive approach to address any arising issues.

    The AI Continent Action Plan addresses supply and demand aspects to position the EU as a leader of AI development and take-up, which is critical to ensure EU competitiveness.

    This will leverage full deployment of AI Factories, which bring together AI-optimised supercomputers, data, and human talent. It will establish the AI Gigafactories to harness vast computational power to develop and deploy the next generation of AI models.

    The announced European AI Research Council will further support AI research, building on more than EUR 1 billion annual investment under Horizon Europe.

    • [1] https://ec.europa.eu/transparency/documents-register/detail?ref=SWD(2024)91&lang=en
    • [2] https://eur-lex.europa.eu/eli/reg/2022/2065/oj/eng
    • [3] https://eur-lex.europa.eu/eli/reg/2024/1689/oj/eng

    MIL OSI Europe News –

    April 25, 2025
  • MIL-OSI Asia-Pac: Hong Kong celebrates World Intellectual Property Day 2025 (with photos)

    Source: Hong Kong Government special administrative region

    Hong Kong celebrates World Intellectual Property Day 2025  
         Addressing the reception, Mr Lam emphasised that Hong Kong is taking active steps to develop itself into an international innovation and technology centre. To achieve this goal, it is essential to ensure that the legal system offers sufficient protection to IP right as intangible assets, and regulate their use and transfer. This underscores Hong Kong’s unique advantages as the only common law jurisdiction in China under the principle of “one country, two systems”.
     
         Mr Lam pointed out that Hong Kong’s highly regarded common law system plays two important roles in IP development — serving as a dispute resolution centre and a hub for IP trading. With the rapid growth of the IP industry in both Hong Kong and the Mainland, there is increasing demand for services related to IP disputes and trading. Hong Kong’s user-friendly bilingual common law system and an abundant supply of high quality legal professionals create an ideal environment for IP trading in any form.
     
         Mr Lam said, “China has become the global technological giant and powerhouse. Hong Kong is also taking active steps to develop itself into an international innovation and technology centre. I am very confident that Hong Kong can and will play a more significant role in future in the area of IP protection and trading, which will in turn contribute to the innovation and technology development of not just Hong Kong but our country as a whole.”
     
         Echoing the theme of this year’s World IP Day, namely, “IP and music: Feel the beat of IP”, the Director of Intellectual Property, Mr David Wong, in his welcoming remarks cited music as a perfect example of how IP fuels creativity, adding that the vibrant music landscape worldwide owes much to strong copyright protection that rewards originality and entrepreneurial efforts. He stressed that the Government is committed to enhancing the copyright law to encourage creativity and support innovation.
     
         The pursuit of artificial intelligence (AI) development globally has prompted sea change. In order to enhance the Copyright Ordinance for addressing the copyright issues arising from the rapid development of AI, the Government, having conducted a public consultation, is putting forward a legislative proposal for introducing a new text and data mining exception into the copyright law. This exception will be subject to stringent conditions to ensure a careful balance between the interests of copyright owners in exploiting their works and the public interest in supporting innovation. Importantly, the rights reservation mechanism would be paramount for protecting copyright owners’ legitimate interests.
     
         About 180 guests including the Acting Secretary for Commerce and Economic Development, Dr Bernard Chan, the Permanent Secretary for Commerce and Economic Development, Ms Maggie Wong, stakeholders from the legal community and IP-related associations, academics, consulate representatives, government officials and representatives from the public and business sectors attended the reception.
     
         Celebrated annually on April 26, the World IP Day aims to increase general understanding of IP, pay tributes to inventors and creators, and explore how IP helps shape the world. The IPD promoted the World IP Day and related activities through various channels, including sponsoring the “Licensing Academy” workshops of the Asian Licensing Conference to offer industry players insights into new developments in IP licensing.
    Issued at HKT 21:00

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    April 25, 2025
  • MIL-OSI Asia-Pac: State Mourning on 26th April 2025 on the day of the funeral of His Holiness Pope Francis, Supreme Pontiff of the Holy See

    Source: Government of India

    Posted On: 24 APR 2025 4:50PM by PIB Delhi

    The funeral of His Holiness Pope Francis, Supreme Pontiff of the Holy See will be held on Saturday 26th April, 2025. The State Mourning shall be observed on that day. On 26th April, 2025, the National Flag will be flown at Half Mast throughout India on all buildings where the National Flag is flown regularly and there will be no official entertainment.

    The Government of India had announced three-Day State Mourning, as a mark of respect on the passing away of His Holiness Pope Francis, Supreme Pontiff of the Holy See. Two days’ State Mourning was observed on 22nd April and 23rd April, 2025 and one day’s State Mourning will be observed on the day of the funeral.

    *****

     

    RK/VV/RR/PR/PS

    (Release ID: 2124080) Visitor Counter : 139

    MIL OSI Asia Pacific News –

    April 25, 2025
  • MIL-OSI: Order.co Named “AI Procurement Platform of the Year” In 2025 RetailTech Breakthrough Awards Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — Order.co, the world’s leading B2B Ecommerce Platform, today announced it has been recognized as “AI Procurement Platform of the Year” by RetailTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout retail technology companies, products and services around the globe.

    The RetailTech Breakthrough Awards program conducts the industry’s most comprehensive analysis of standout leaders and technologies driving innovation and shaping the future of retail. This year’s program received thousands of nominations from more than 14 countries worldwide.

    “Order.co addresses inefficiencies in retail procurement and operational management. Retailers are facing pressure to streamline operations, reduce costs, and grow their businesses while also delivering exceptional customer experiences. However, they are often bogged down by fragmented purchasing processes, repetitive tasks, and low visibility into spending,” said Bryan Vaughn, Managing Director, RetailTech Breakthrough. “Order.co resolves these challenges in a completely unique way – an all-in-one, intuitive platform that makes procurement and purchase order creation, tracking, and management a breeze with advanced AI. It’s an honor to name Order.co AI Procurement Platform of the Year!”

    Order.co stood out with its unique sourcing AI and procurement automation capabilities that empower retail teams to scale new stores efficiently, cut costs on everyday supplies, and serve consistent customer experiences. The platform’s AI can:

    • Save retailers an average of 5% on products they’re already purchasing today.
    • Deliver context-aware product recommendations, trained on thousands of transactions across Order.co’s user base.
    • Help retail stores prepare for pricing changes before they happen through predictive modeling.
    • Suggest optimal vendors based on their location, reliability, and previous cost fluctuations.

    Beyond its extensive AI capabilities, Order.co helps retailers with everything from scaling purchasing across locations to automating AP and reporting. Retail teams can set up custom approval rules, budget controls, and product catalogs, ensuring new and existing stores have the supplies they need to operate.

    “We’re honored to be recognized as the AI Procurement Platform of the Year,” said Zach Garippa, CEO and Co-Founder of Order.co. “Our team is focused on building AI tools that remove friction, give teams their time back to prioritize the customer experience, and help every store open stronger and run smoother. We’re proud to be leading that charge in the retail industry.”

    To learn more about how back-office teams can leverage AI to overcome their biggest challenges, register for Order.co’s ChatP2P: AI & the Back Office webinar series.

    About Order.co
    Order.co simplifies business buying by combining the ease of online shopping with the sophistication of world-class purchase order and AP automation. The result? Businesses cut costs and complexity with every order.

    Hundreds of companies, like WeWork and Hugo Boss, leverage Order.co to centralize purchase-to-pay workflows, scale operations, and gain total control over spending – saving an average of 5% on products. Founded in 2016 and headquartered in New York City, Order.co has raised $50M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more.

    About RetailTech Breakthrough
    Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the RetailTech Breakthrough Awards program is the premier awards and recognition platform devoted to honoring excellence in retail technology companies, service, and solutions around the world. The RetailTech Breakthrough Awards provide public recognition for the achievements of retail technology companies and products in categories that include store management, digital displays, checkout automation, workforce tools, smart dressing rooms , and more. For more information, visit retailtechbreakthrough.com.

    Tech Breakthrough LLC does not endorse any vendor, product, or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

    Media Contact

    Allison Reich
    Senior Manager of Brand, Content & Enablement
    Allison.reich@order.co

    The MIL Network –

    April 25, 2025
  • MIL-OSI: CORRECTION: The Now Corporation (OTC: NWPN) Releases April 2025 Newsletter Showcasing EV Infrastructure Expansion and Vintage Fashion Revival

    Source: GlobeNewswire (MIL-OSI)

    In a release issued under the same headline today by The Now Corporation (OTC: NWPN), please note that the provided embedded image has changed. The corrected release follows:

    PASADENA, Calif., April 24, 2025 (GLOBE NEWSWIRE) — The Now Corporation (OTC: NWPN), a diversified holding company focused on sustainable innovation, is excited to announce the publication of its April 2025 newsletter. The latest edition highlights major advancements in electric vehicle (EV) infrastructure and the continued evolution of its vintage fashion subsidiary.

    The Now Corporate April 2025 Newsletter

    Major Highlights Include:

    EV Charging Project in Carson, CA
    Green Rain Energy, a subsidiary of The Now Corporation, has been selected to lead the development of a cutting-edge EV charging site at 23315 Main Street in Carson, California. Located within proximity to the Dignity Health Sports Park—one of the venues for the 2028 Olympic Games—this project aims to support increasing EV demand and regional sustainability efforts.
    The Now Corporation (OTC: NWPN) Through Its Subsidiary Green Rain Energy Announces New Details For Its EV Charging Project In Carson, CA

    Strategic Collaboration in Rochester, NY
    Green Rain Solar Inc. has also partnered with Chronical Electric and Rochester Gas and Electric (RG&E) to bring high-speed EV charging and battery storage solutions to Rochester, New York. This joint effort underscores The Now Corporation’s mission to advance clean, accessible energy infrastructure.
    The Now Corporation (OTC: NWPN) and Green Rain Solar Inc. Partner with Chronical Electric to Bring High-Speed EV Charging and Battery Storage to Rochester, NY

    Reviving American Heritage through M Love Vintage Holdings Inc.
    The newsletter also spotlights M Love Vintage Holdings Inc., the company’s fashion subsidiary, which is reviving iconic Americana through the timeless styles of Chuck’s Vintage. This effort marks a new era for the brand, celebrating its legacy while embracing a modern, luxurious approach to vintage wear.
    M Love Vintage Holdings Inc. Embarks on New Era of Luxury Vintage Fashion Under The Now Corporation

    About The Now Corporation:
    The Now Corporation is committed to acquiring and developing sustainable technologies across industries such as renewable energy, electric mobility, and advanced manufacturing. Through its subsidiaries, including Green Rain Solar Inc. and M Love Vintage Holdings Inc., the company strives to deliver impactful innovation.

    Stay updated and read the full newsletter at www.GreenRainEnergy.com

    Legal Notice Regarding Forward-Looking Statements
    This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward- looking in nature and subject to risks and uncertainties. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.

    Media Contact:
    Michael Cimino
    Email: Michael@pubcopr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa807ee3-5e38-4ca7-9ab3-3f1e90715dbe

    X: https://x.com/TheNow_Corp

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

    The MIL Network –

    April 25, 2025
  • MIL-OSI: Rebuilding American Industry, One Precision Part at a Time

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 24, 2025 (GLOBE NEWSWIRE) — What do you get when you combine a spotless shop floor, a legacy of quality craftsmanship, and an entrepreneur with vision? A modern American Dream in motion.

    Billy Banks, a Chicago-based entrepreneur, father of triplets, and former Northwestern University entrepreneurship professor, has acquired General Machine, a precision manufacturing business based in Freeburg, Illinois. Established in 1980, General Machine has earned its reputation by delivering high-quality custom metal fabrication and machining services to industries such as mining, construction, power generation, and infrastructure.

    A native of Elkhart, Indiana, Banks began his career in the RV industry, learning the fundamentals of American manufacturing firsthand. From there, his journey was anything but linear—spanning corporate roles, startups, and even academia. He first cut his teeth by co-founding M-Tec Corporation, a steel fabrication business servicing the RV, commercial vehicle and trailer industries. Next, he co-founded Reach360, a HR-tech platform focused on providing Fortune 500 HR services and benefits to small businesses. Whether in the classroom or the boardroom, Banks has remained committed to creating opportunity and building things that last.

    “When I was growing up in northern Indiana, I saw what happens when manufacturing disappears—it leaves a void in communities,” said Banks. “But I also saw what’s possible when you reinvest in people and production.”

    That belief led him to acquire General Machine—a business with skilled employees, strong customer relationships, and untapped potential. The acquisition, which included both the business and its real estate, required a creative financing solution. That’s where First American Bank stepped in.

    To overcome high capital barriers, Banks partnered with the bank to structure a deal that leveraged the SBA 7(a) loan program to reduce the down payment, finance goodwill, and support stable cash flow through a 10-year amortization schedule. Working in tandem with GrowthCorp, First American Bank also utilized the SBA 504 program to secure 40% of the project at a fixed 25-year rate—while requiring only a 10% down payment. A working capital line of credit rounded out the financing to support ongoing operations.

    “Billy brought a clear vision, strong experience, and a deep passion for revitalizing American manufacturing,” said Ross Van Beek, Senior Vice President, Commercial Loan Relationship Manager at First American Bank.

    “This is exactly the kind of entrepreneurial story we love to support—because it creates jobs, strengthens communities, and builds the future of American industry.”

    Van Beek, along with colleagues Mark Kroencke and Madelyn McCarthy, played a pivotal role in structuring and closing the transaction.

    Now at the helm, Banks has ambitious plans: double the business in three years—and then do it again.

    He’s building on a rock-solid foundation. General Machine’s capabilities include:

    • Large precision machining for industrial-scale components
    • Welding and fabrication of steel, stainless, and aluminum
    • CNC machining, plasma cutting, and forming for structural and heavy equipment applications
    • Sheet metal and custom part fabrication backed by deep technical expertise

    Banks is already modernizing the company—enhancing digital outreach, deepening customer relationships, and integrating advanced technologies like AI to improve quoting, scheduling, and operational efficiency.

    “General Machine has all the right bones,” said Banks. “Now it’s about honoring what works—craftsmanship, relationships, integrity—while building something even bigger.”

    Thanks to First American Bank’s strategic financial support and Banks’ bold leadership, General Machine is poised to lead the next era of precision manufacturing—one expertly machined part at a time.

    If you’re looking to take your business to the next level with innovative financial solutions, contact First American Bank today. Our team is ready to help you structure the right financing to fuel your growth.

    For more information about First American Bank and its services, visit www.firstambank.com.

    First American Bank is a Member FDIC.

    Contact:
    Teresa Lee
    305-631-6400
    tlee@firstambank.com

    The MIL Network –

    April 25, 2025
  • MIL-OSI Global: Hyper-individualistic and focused on worth, the manosphere is a product of neoliberalism

    Source: The Conversation – UK – By Sophie Lively, PhD Candidate in Human Geography, Newcastle University

    Marina April/Shutterstock

    Netflix’s hit drama, Adolescence, has reignited debates about the impact of the manosphere and violence against women.

    Many of the responses focus on trying to change the behaviour of boys and young men: encouraging them to find better role models, or to learn from the media about the harms of toxic influencers.

    But the problem is a wider one. The manosphere is a range of interconnected online misogynistic communities.

    My ongoing PhD research is analysing masculinity, class and nationalism and exploring how these narratives appear in the everyday lives of men. I argue that responding to the harm that stems from these online communities requires an understanding of the manosphere as a product of a global, neoliberal, capitalist system built on inequality and division.

    Neoliberalism can be described as “capitalism on steroids”. It’s a hyper-individualistic and market-driven ideology that fosters a culture of competition.

    Neoliberalism encourages us to see ourselves as isolated individuals, responsible for our own success or failure. Among many other things research has shown that one of its outcomes is a profound loneliness. This is something that the manosphere exploits.

    Role models are important, but the disconnect felt by so many today won’t be fixed by better role models within the same system. For example, black feminist thought, which recognises the way racism and sexism intersect and can offer extensive structural critiques, shows us that efforts to end violence against women must take place alongside work to change wider systems. So to start preventing violence we must first deal with root causes, such as poverty and inequality.

    Measuring people by ‘value’

    The manosphere picks up on messages around failing. Alongside hate-filled and misogynistic content, shame-based narratives from the manosphere suggest that boys and men are losers, weak and lazy if they aren’t “succeeding”. This is deeply damaging to all who find themselves drawn to such messages.

    The concept of self-worth regularly appears in the manosphere, but it’s largely in relation to wealth or productivity: hustle harder, rise and grind, make money. These ideas don’t just exist in these online spaces. Similar language – self-investment, output, productivity, personal growth, efficiency – has become part of our everyday way of talking about ourselves and others.

    The wellness industry promises us we can “glow up”. Self-help books and hustle culture encourage us to be better and produce more. Lifestyle influencers demonstrate how to turn our everyday existence into a marketable product.

    This way of thinking turns people into products. It’s not about who you are – it’s about what you produce. Today’s far-right (of which the manosphere is part) capitalises on these ideas and the obsession with economic value.

    There are versions of this aimed at women and girls, such as “cleanfluencers”, who reframe housework not only as a consumable personal brand but also as glamorous and fun.

    But the hustle culture messaging central to the manosphere is particularly distinct in its hypermasculine messaging centred on “self-improvement” which advocates working harder and longer while being ruthless and dominant.

    A focus on domination and individual success encourages young boys and men to see their self-worth tied up in that and that alone. This message extends beyond the manosphere and is part of the very system with which we all exist.

    Resisting the system

    Those captivated by manosphere narratives are victims as well as perpetrators. This doesn’t excuse their actions, or mean they shouldn’t be held accountable. How we care for each other within a capitalist society isn’t easy or straightforward.

    Too often, though, discussion focuses solely on punitive responses, such as advocating for longer prison sentences. If we only focus on punishment, we miss the bigger picture. We need to find more inclusive ways of talking about, and responding to, harm – while rethinking what it means to truly care for each other.

    Abolitionist movements strive to create systems which improve people’s health and safety and build a future without prisons. They seek to build responses to harm that are founded on education and community accountability – where communities take responsibility for identifying issues they need to address.

    Abolitionist approaches advocate for expanding support networks and investing in resources deemed appropriate by survivors. Proposals like this work towards preventing violence. Their community focus means they address the isolating effects of neoliberalism at the same time.

    We also can’t convince ourselves that once the likes of Andrew Tate and others involved in the manosphere disappear, women and girls will no longer suffer such extreme levels of misogyny and violence at the hands of boys and men.

    This is because we exist within a system built on inequality and violence. It’s a system which rewards competition over cooperation, greed over care and one which is harmful to us all.

    Sophie Lively receives funding from the Economic and Social Research Council as part of Northern Ireland and North East Doctoral Training Partnership.

    – ref. Hyper-individualistic and focused on worth, the manosphere is a product of neoliberalism – https://theconversation.com/hyper-individualistic-and-focused-on-worth-the-manosphere-is-a-product-of-neoliberalism-254339

    MIL OSI – Global Reports –

    April 25, 2025
  • MIL-OSI Global: Why film adaptations of popular video games often fall flat

    Source: The Conversation – Canada – By Jason Hawreliak, Associate Professor, Game Studies. Department of Digital Humanities., Brock University

    While some film adaptations of video games achieve commercial success, others struggle to replicate the ‘feel’ of a video game for cinema audiences. (Warner Bros.)

    Video game adaptations are having a moment. On television, shows like HBO’s The Last of Us and Amazon Prime’s Fallout — each based on popular game franchises — have been gigantic hits. On the big screen, 2023’s The Super Mario Bros. Movie broke box office records, and at the time of writing, A Minecraft Movie looks to be well on its way to generating one billion dollars in ticket sales.

    With these recent successes, it can be hard to remember that movie adaptations of video games have historically been notoriously bad, typically failing to win over audiences and critics alike.

    My first experience with adaptation disappointment came from the 1993 adaptation of Nintendo’s Super Mario Bros., starring Hollywood legend Bob Hoskins as Mario and John Leguizamo as his brother, Luigi.

    The film was a flop, garnering a 35 on aggregate site Metacritic and failing to break even at the box office. Curiously, the film looked nothing like the games, opting for a gritty, noir aesthetic and swapping out the cutesy enemies with horrifying monsters.

    Movie studio executives can perhaps be forgiven for trying to capitalize on the popularity of video games. With billions of players worldwide and a market valuation surpassing Hollywood and the music industry combined, video games are seemingly low-hanging fruit for commercial success. So why, with a few notable exceptions notwithstanding, are video game adaptations so difficult to pull off?

    A trailer for A Minecraft Movie. (Warner Bros.)

    The problem with adaptations

    One key issue is that video games and movies are two very different media with different functions and different representational strengths and weaknesses. At their most basic, video games are meant to be interactive. They provide players with goals to achieve and challenges to overcome through some combination of strategy, skill and luck.

    Sometimes, these goals and challenges are clear and direct. When a player sees a Goomba approach in Super Mario Bros., for example, they must press a button to jump on its head and defeat it; otherwise, the player takes damage and may have to start the level again.

    Other times, the goals and challenges are less direct. In open-world or “sandbox” games like Minecraft, players are given a high degree of freedom in how they interact with the game world. There are ways to “win” in Minecraft, but the true pleasure of the game lies in giving players freedom to explore a vast world and create unique structures, villages, or even functional computers.

    Interacting with a game world — its goals, rules and aesthetics — is a fundamentally distinct process from watching a film or reading a novel. Minecraft’s motto of “Create. Explore. Survive.” is not readily applicable in media like film and books though these media have experimented with interactivity too.

    Game worlds on the big screen

    So why have adaptations like The Super Mario Bros. Movie and A Minecraft Movie been successful, at least commercially? Part of the reason is that these are massive franchises with instant brand recognition. Even people who do not play video games know who Mario is, and Minecraft is among the most popular games of all time.

    However, as we have seen with recent unsuccessful adaptations like Warcraft and Borderlands, brand recognition alone is not sufficient.

    One reason why The Super Mario Bros. Movie and A Minecraft Movie have done well is that they get the “feel” of their respective worlds right. When Mario transports into the Mushroom Kingdom in the 2023 film, it looks and sounds like the Mushroom Kingdom players encounter in the games.

    The colours, shapes and sounds in the film closely match the colours, shapes, and sounds in the games. The Goombas look like Goombas, the power-ups look like power-ups and the film retains the whimsical nature of the games.

    Although the radical freedom afforded to players of Minecraft is difficult to replicate in a film, A Minecraft Movie nevertheless retains the look, sound and feel of the game. The Creepers look and behave like Creepers and the Piglins look and behave like Piglins.

    When Steve (played by Jack Black) first learns to build his first structures, the audience watches as he joyfully creates whatever he can imagine, gradually learning to build larger and more complex structures, just as players do in the game.

    Finally, it should be noted that while these films were commercial successes, they have failed to win over critics. On Metacritic, The Super Mario Bros. Movie sits at 46 (though the user score is a healthy 8.2) while A Minecraft Movie has a similarly paltry 45. As the Los Angeles Times puts it in their review, “A Minecraft Movie is a block of big dumb fun.”

    So no, it is unlikely the film will win an Oscar for best picture. But its ability to capture the essence of Minecraft is clearly enough for audiences, many of whom have spent countless hours exploring virtual mines, fending off zombies and creating their own fantastical worlds.

    Jason Hawreliak receives funding from The Social Sciences and Humanities Research Council.

    – ref. Why film adaptations of popular video games often fall flat – https://theconversation.com/why-film-adaptations-of-popular-video-games-often-fall-flat-254882

    MIL OSI – Global Reports –

    April 25, 2025
  • MIL-OSI: Texas Ventures Acquisition III Corp Completes $225 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, April 24, 2025 (GLOBE NEWSWIRE) — Texas Ventures Acquisition III Corp (the “Company”) announced today the closing of its initial public offering of 22,500,000 units, which includes 2,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $225,000,000.

    The Company’s units began trading on April 23, 2025 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “TVACU.” Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “TVA” and “TVACW,” respectively.

    Of the proceeds received from the consummation of the initial public offering (including the partial exercise of the over-allotment option) and a simultaneous private placement of warrants, $226,125,000 (or $10.05 per unit sold in the offering) was placed in trust.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business, industry or geographical location. The Company’s primary focus, however, will be on targets focused on industrial technology, specifically companies implementing advanced technologies including software, mobile and IoT applications, digital and energy transition and consolidation, logistics and transportation, cloud and cyber communications as well as high bandwidth services, including LTE, remote sensing and 5G communications into the industrial sector. The Company will pursue completing a business combination with a target that presents a significant value proposition to its customer marketplace, including major cost reductions in the field, substantial returns on investment (ROI), a considerable decrease in carbon footprint, and/or vast improvements in safety, compliance, and environmental protocol.

    The Company’s management team is led by E. Scott Crist, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), and R. Greg Smith, its Chief Financial Officer. The Board also includes Andrew Clark, Harvin Moore, and Aruna Viswanathan.

    Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, acted as the lead book-running manager, and Clear Street LLC acted as joint book-runner for the offering.

    A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on April 22, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    FORWARD-LOOKING STATEMENTS

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds thereof. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact:

    Texas Ventures Acquisition III Corp
    E. Scott Crist
    scott@texasventures.com
    713-599-1300

    The MIL Network –

    April 25, 2025
  • MIL-OSI USA: Presidential Message on Armenian Remembrance Day, 2025

    US Senate News:

    Source: The White House
    class=”has-text-align-left”>Today we commemorate the Meds Yeghern, and honor the memories of those wonderful souls who suffered in one of the worst disasters of the 20th Century. Beginning in 1915, one and a half million Armenians were exiled and marched to their deaths in the final years of the Ottoman Empire. On this Day of Remembrance, we again join the Great Armenian Community in America, and around the World, in mourning the many lives that were lost. Every year on April 24th, we reflect on the strong and enduring ties between the American and Armenian peoples. We are proud of the American Committee for Armenian and Syrian Relief, a groundbreaking effort established in 1915 that provided crucial humanitarian support to Armenian Refugees, and grateful for the thousands of Americans who contributed or volunteered to help the Armenians expelled from their homes. On this day, we bear witness to the strength and resiliency of the Armenian people in the face of tragedy. We are fortunate that so many Armenians have brought their rich culture to our shores, and contributed so much to our Country, including decorated soldiers, celebrated entertainers, renowned architects, and successful business people. As we honor the memory of those lost, my Administration remains committed to safeguarding religious freedom and protecting vulnerable minorities. We look forward to continuing our strategic partnership with Armenia, and upholding regional stability as we continue to pursue enduring prosperity and security.

    MIL OSI USA News –

    April 25, 2025
  • MIL-OSI: Atos completes reverse stock split

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Atos completes reverse stock split

    Paris, France – April 24, 2025 – Atos SE (the “Company”) announces today the completion of the reverse stock split of the shares comprising its share capital, as decided by the Board of Directors on March 6, 2025, following the delegation of powers by the shareholders’ combined General Meeting of January 31, 2025 (29th resolution).

    The reverse stock split is a purely technical exchange transaction with no direct impact on the total value of the Company’s shares held by each shareholder.

    Terms and conditions of the reverse stock split

    The main terms of this reverse stock split, as detailed in the notice of reverse stock split published in the Bulletin des Annonces Légales Obligatoires (BALO) on March 10, 2025 and in the press release published by the Company on March 7, 2025, are as follows:

    • Basis of the reverse stock split: exchange of 10,000 old shares with a par value of €0.0001 for 1 new share with a par value of €1.
    • Number of old shares subject to the reverse stock split: 190,358,728,519 shares with a par value of 0.0001€.
    • Number of new shares resulting from the reverse stock split: 19,035,872 shares with a par value of 1€.
    • Centralization: the new shares resulting from the reverse stock split were admitted to trading on the regulated market of Euronext in Paris from April 24, 2025, the first day of trading, under ISIN code FR001400X2S4.

    The new shares resulting from the reverse stock split are eligible for the DSS (Deferred Settlement Service) with effect from today.

    Shareholders holding a multiple of 10,000 shares do not need to take any action. These shares were automatically consolidated by their financial intermediary on the basis of 1 new share (€1 par value) for each block of 10,000 old shares (€0.0001 par value).

    Shareholders who were unable to obtain a number of old shares forming a multiple of 10,000 will be compensated for their fractional rights by their financial intermediary within 30 days of April 24, 2025, i.e., until May 25, 2025 inclusive. Shareholders are invited to contact their financial intermediary if they have any questions on this subject.

    Adjustment of the exercise parity for the Warrants issued by the Company

    On March 6, 2025, the Board of Directors, using the delegation of powers granted by the shareholders’ combined General Meeting of January 31, 2025 (29th resolution), decided to adjust the exercise parity of the share subscription warrants issued by the Company on December 18, 2024 (the “Warrants”) in accordance with the terms set out below, which are included in the reverse stock split notice published in the BALO on March 10, 2025.

    As a result of the reverse stock split, the exercise parity of the Warrants corresponds to the product of (i) the exercise parity in force before the start of the reverse stock split and (ii) the ratio between the number of new shares comprising the Company’s share capital after the reverse stock split and the number of old shares comprising the Company’s share capital before the reverse stock split, i.e. 1/10,000, i.e. a maximum number of new ordinary shares to which the Warrants give entitlement in the event of exercise after this reverse stock split, of 1,107,589 new ordinary shares in the Company with a par value of one euro each on exercise of the Warrants.

    Adjustment of the rights of beneficiaries of free allocations of shares

    By decision of the Chairman and Chief Executive Officer of April 24, 2025, the rights of beneficiaries of free share allocations under the Company’s current free share allocation plans were adjusted to take account of reverse stock split transactions.

    As a result, the number of rights allocated to each plan beneficiary will correspond to the product of (i) the number of rights allocated to each plan beneficiary before the start of the reverse stock split, and (ii) the ratio between the number of new shares comprising the Company’s share capital after the reverse stock split and the number of existing shares comprising the Company’s share capital before the reverse stock split, i.e. 1/10,000, it being specified that where the number of rights calculated in this way is not a whole number, the number of rights allocated to the beneficiary will, for each holder, be rounded down to the nearest whole number, in accordance with the doctrine of the tax authorities.

    Timetable of upcoming operations

    April 24, 2025 Effective date of the reverse stock split and first day of trading of new shares (ISIN code: FR001400X2S4)
    From April 24 to May 25, 2025 Compensation period for shareholders with fractional rights through their financial intermediaries
    April 28, 2025 Restart of the period of suspension of exercise of the Warrants

    ***

    About Atos

    Atos is a global leader in digital transformation with circa 74,000 employees and annual revenue of circa €10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Contacts
    Investor relations:

    David Pierre-Kahn | investors@atos.net | +33 6 28 51 45 96

    Sofiane El Amri | investors@atos.net | +33 6 29 34 85 67

    Individual shareholders: +33 8 05 65 00 75

    Press contact: globalprteam@atos.net

    Attachment

    • AtosSE_PressRelease_CompletionReverseStockSplit

    The MIL Network –

    April 25, 2025
  • MIL-OSI: Landmark Bancorp, Inc. Announces Conference Call to Discuss First Quarter 2025 Earnings

    Source: GlobeNewswire (MIL-OSI)

    Manhattan, KS, April 24, 2025 (GLOBE NEWSWIRE) — Landmark Bancorp, Inc. (Nasdaq: LARK) announced that it will release earnings for the first quarter of 2025 after the market closes on Wednesday, April 30, 2025. The Company will host a conference call to discuss these results on Thursday, May 1, 2025 at 9:30 am (CT). Investors may listen to the Company’s earnings call via telephone by dialing (833) 470-1428 and using access code 866149. Investors are encouraged to call the dial-in number at least 5 minutes prior to the scheduled start of the call.

    A replay of the earnings call will be available through May 8, 2025, by dialing (866) 813-9403 and using access code 282640.
            
    About Landmark

    Landmark Bancorp, Inc., the holding company for Landmark National Bank, is listed on the NASDAQ Global Market under the symbol “LARK.” Headquartered in Manhattan, Kansas, Landmark National Bank is a community banking organization dedicated to providing quality financial and banking services. Landmark National Bank has 29 locations in 23 communities across Kansas: Manhattan (2), Auburn, Dodge City (2), Fort Scott (2), Garden City, Great Bend (2), Hoisington, Iola, Junction City, LaCrosse, Lawrence (2), Lenexa, Louisburg, Mound City, Osage City, Osawatomie, Overland Park, Paola, Pittsburg, Prairie Village, Topeka (2), Wamego and Wellsville, Kansas. Visit www.banklandmark.com for more information.

    Contact:
    Mark A. Herpich
    Chief Financial Officer
    (785) 565-2000

    The MIL Network –

    April 25, 2025
  • MIL-OSI: WENDEL: Q1 2025 Trading update

    Source: GlobeNewswire (MIL-OSI)

    Q1 2025 NAV per share at €176.7

    Continued strategic deployment :

    €34bn of private Assets under Management for third parties

    Solid financial structure:
    Strong liquidity and LTV ratio at 17.2%

    Fully diluted Net Asset Value1as of March 31, 2025: €176.7 per share

    • Fully diluted NAV per share down -4.8% since the start of the year reflecting market volatility and evolution of valuation multiples:
      • Listed assets (29% of Gross Asset Value): flat total value year-to-date
      • Unlisted assets (33% of GAV): total value down 7.3%, mainly due to lower market multiples
      • Following the acquisition of Monroe Capital, Asset Management now represents 17% of GAV

    Good performance of Group companies in Q1 20205

    • Principal investments: all Group companies generated positive total sales growth in Q1, except Scalian

    Asset management: good momentum in fundraising and revenue growth

    • IK Partners’ revenues up +33% in Q1. Successful closing of the IK X flagship fund at €3.3 billion, the largest fund raised in its history and continued momentum in fundraising of IK Small & Dev Cap
    • Altogether IK Partners and Monroe have successfully raised more than €3 billion of new funds on various strategies over Q1 2025

    Successful implementation of new strategic directions

    • Principal Investments: successful Forward Sale of 6.7% of Bureau Veritas’ share capital, at a price of €27.25 per share on March 12, 2025
      • Wendel entered into a call spread transaction to benefit from up to c.15% of the stock price appreciation over the next three years on the equivalent number of shares underlying the Forward Sale Transaction
      • Total net proceeds for Wendel of €750 million
      • Wendel has retained 26.5% of the share capital and 41.2% of the voting rights of Bureau Veritas
    • Asset Management: With Monroe Capital acquisition, Wendel’s third party asset management platform reached €34 billion in AUM2
      • On March 31, 2025, Wendel has invested $1.133 billion to acquire 72% of Monroe Capital’s shares together with rights to c.20% of the carried interest generated on past and future funds

    Dividend: €4.70 per share, up 17.5%, proposed to May 15, 2025, AGM

    • c.2.5% of NAV as of December 31, 2024, as stated in the strategic roadmap
    • Representing a yield of c. 5.5% compared to the current share price4

    Strong financial structure and committed to remaining Investment Grade

    • Debt maturity of 3.4 years with an average cost of 2.4%
    • LTV ratio at 17.2%5 as of March 31, 2025, on a pro forma basis
    • Pro forma total liquidity of €1.76 billion as of March 31, 2025, including c.€800 million in cash and €875 million in committed credit facility (fully undrawn)
    • On March 31, 2025, S&P revised Wendel outlook to ‘Stable’ from ‘Negative’ on debt reduction and reaffirmed its ‘BBB’ rating
    Laurent Mignon, Wendel Group CEO, commented:

    “The first quarter of 2025 marks a significant milestone for Wendel, with the successful closing of Monroe Capital’s acquisition, materializing our strategy to grow third-party asset management alongside our principal investment activity. With €34 billion of assets under management and €3.4 billion raised in Q12025 now with Monroe Capital and IK Partners, we are building a strong and significant Asset management player generating recurring and predictable income, enhancing significantly Wendel’s value creation profile.

    We also successfully completed a forward sale of Bureau Veritas shares, achieved in good conditions, generating €750M of proceeds, that, combined with our financial discipline, contributed to significantly improve of our LTV ratio. This strengthened financial profile is a key lever to successfully deliver our 2027 value creation roadmap. Our teams remain fully mobilized to generate value through the current portfolio and put in place the asset management platform.”

    Wendel’s net asset value as of March 31, 2025: €176.7 per share on a fully diluted basis

    Wendel’s Net Asset Value (NAV) as of March 31, 2025, was prepared by Wendel to the best of its knowledge and on the basis of market data available at this date and in compliance with its methodology.

    Fully diluted Net Asset Value was €176.7 per share as of March 31, 2025 (see detail in the table below), as compared to €185.7 on December 31, 2024, representing a decrease of -4.8% since the start of the year. Compared to the last 20-day average share price as of March 31, the discount to the March 31, 2025, fully diluted NAV per share was -47.9%.

    Bureau Veritas contributed negatively to Net Asset Value, as end of March 2025, its 20-day average share price was down YTD (-3.2%). IHS Towers (+37.2%) and Tarkett (+55.5%) 20-day average share prices impacted positively the NAV. Total value creation per share of listed assets was therefore neutral (+€0.0) on a fully diluted basis over the first quarter.

    Unlisted asset contribution to NAV was negative over the course of the quarter with a total change per share of -€6.5 reflecting overall multiples’ decrease.

    Asset management activities contribution to NAV was slightly negative, -€0.8, due to IK Partners multiples’ evolution. A total of €29M of sponsor money is included in the NAV as of end of March, both for IK Partners and Monroe.

    Cash operating costs, Net Financing Results and Other items impacted NAV by -€1.7, as Wendel benefits from a positive carry and maintains a good cost control.

    Total Net Asset Value evolution per share amounted to -€9.0 since the start of the year.

    Fully diluted NAV per share of €176.7 as of March 31, 2025

    (in millions of euros)     03/31/2025 12/31/2024
    Listed investments Number of shares Share price (1) 2,965 3,793
    Bureau Veritas 89.9m(2)/120.3m €28.5/€29.5 2,565 3,544
    IHS 63.0m/63.0m $4.4/$3.2 254 192
    Tarkett   €16.4/€10.5 146 57
    Investment in unlisted assets (3) 3,346 3,612
    Asset Management Activities (4) 1,778 616
    Asset Managers (IK Partners & Monroe) 1,749 616
    Sponsor Money 29 –
    Other assets and liabilities of Wendel and holding companies (5) 161 174
    Net cash position & financial assets (6) 2,058 2,407
    Gross asset value     10,308 10,603
    Wendel bond debt     -2,378 -2,401
    IK Partners transaction deferred payment and Monroe earnout -244 -131
    Net Asset Value     7,686 8,071
    Of which net debt     -564 -124
    Number of shares     44,461,997 44,461,997
    Net Asset Value per share €172.9 €181.5
    Wendel’s 20 days share price average   €92.0 €93.5
    Premium (discount) on NAV -46.8% -48.5%
    Number of shares – fully diluted 42,456,176 42,466,569
    Fully diluted Net Asset Value, per share €176.7 €185.7
    Premium (discount) on fully diluted NAV -47.9% -49.6%

    (1)  Last 20 trading days average as of March 31, 2025, and December 31, 2024.
    (2)  Number of shares adjusted from the Forward Sale Transaction of 30,357,140 shares of Bureau Veritas. The value of the call spread transaction to benefit from up to c.15% of the stock price appreciation on the equivalent number of shares is taken into account in Other assets & liabilities.
    (3)  Investments in unlisted companies (Stahl, Crisis Prevention Institute, ACAMS, Scalian, Globeducate, Wendel Growth). Aggregates retained for the calculation exclude the impact of IFRS16.
    (4)  Investment in IK Partners (excl. Cash to be distributed to shareholders), in Monroe and sponsor money.
    (5)  Of which 2,005,821 treasury shares as of March 31, 2025, and 1,995,428 as of December 31, 2024.
    (6)  Cash position and short-term financial assets of Wendel & holdings.
    Assets and liabilities denominated in currencies other than the euro have been converted at exchange rates prevailing on the date of the NAV calculation.
    If co-investment and managements LTIP conditions are realized, subsequent dilutive effects on Wendel’s economic ownership are accounted for in NAV calculations. See page 285 of the 2024 Registration Document.

    Wendel’s Principal Investments’ portfolio rotation

    On March 12, 2025, Wendel realized a successful placement of Bureau Veritas shares as part of a prepaid 3-year forward sale representing approximately 6.7% of Bureau Veritas share capital and increased its financial flexibility by reducing the pro forma loan-to-value ratio to approximately 17%. The transaction immediately generated net cash proceeds of approximately €750M to Wendel.

    Wendel reinvested €11.5m in Scalian upon the acquisition of a specialized IT services player focused on the Defense sector in January 2025.

    Wendel’s Asset Management platform evolution

    Acquisition of a controlling stake in Monroe Capital LLC closed, a transformational transaction in line with the strategic roadmap

    Wendel completed on March 31, 2025 the definitive partnership agreement including the acquisition, together with AXA IM Prime, of 75% of Monroe Capital LLC (“Monroe Capital” or “the Company”), and a sponsoring program of $800 million to accelerate Monroe Capital’s growth, together with an investment of up to $200 million in GP commitment.

    With IK Partners and Monroe Capital, Wendel’s third party asset management platform reached €34 billion in AUM7, and should generate, on a full-year basis, c.€ 455 million revenues8, c.€160 million pre-tax FRE (c.€100 million in pre-tax FRE (Wendel share) in 2025. Wendel’s ambition is to reach €150 million (Wendel share) in pre-tax FRE in 2027.

    Strong value creation and performance of Third Party Asset Management (17% of Gross Asset Value)

    Q1 2025 performance

    Over the first quarter of 2025, IK Partners registered again particularly strong levels of activity, generating a total of €46.4 million in revenue, up 33 % vs. Q1 2024. Total Assets under Management (€14.9 billion, of which €4.8 billion of Dry Powder9) grew by 8% since the beginning of the year, and FPAuM10 (€10.2 billion) by 2%. Over the period, €0.64 billion of new funds were raised (IK X, IK PF III, IK SC IV and IK CV I) and 2 exits have been realized, for over €0.26 billion.

    As of March 31, 2025, Wendel’s third party asset management platform11 represented total assets under management of €34 billion and achieved €3.4 billion of fundraising.

    Sponsor money invested by Wendel

    Wendel committed €500 million in IK Partners funds (of which €300 million in IK X). As of March 31, 2025, €29 million of sponsor money have been called in IK Partners and Monroe Capital funds.

    Principal Investment companies’ sales

    Listed Assets: 29% of Gross Asset Value

    Bureau Veritas – A robust first quarter and an unchanged 2025 outlook; Increased returns to shareholders with a €200m share buyback program
    (full consolidation)

    Bureau Veritas revenue in the first quarter of 2025 amounted to €1,558.7 million, an 8.3% increase compared to the first quarter of 2024. Bureau Veritas delivered an organic growth of 7.3%.
    Three businesses led the growth: Industry, up 14.3%, Marine & Offshore, up 11.8%, and Certification, up 10.9%. Agri-Food & Commodities grew 6.0% while both Consumer Products Services and Buildings & Infrastructure grew low-single-digit organically in the first quarter of 2025.
    The scope effect was a positive 1.4%, reflecting bolt-on acquisitions (contributing to +3.0%) finalized in the past few quarters and partly offset by the impact of divestments completed over the last twelve months (contributing to -1.6%). Currency fluctuations had a negative impact of 0.4%, due to the strength of the euro against most currencies.

    2025 Share buyback program
    On April 24, 2025, Bureau Veritas announces a new EUR 200 million share buyback program to be completed by the end of June 2025. This decision reflects the Group’s confidence in its resilient business model and takes advantage of the current share price.

    2025 Outlook unchanged

    • While customers are navigating an uncertain period, Bureau Veritas has a robust opportunities pipeline, a solid backlog, and mid-to-long-term strong market fundamentals. Therefore, Bureau Veritas keeps its outlook unchanged, and expects to deliver for the full year 2025: Mid-to-high single-digit organic revenue growth;
    • Improvement in adjusted operating margin at constant exchange rates;
    • Strong cash flow, with a cash conversion12 above 90%.

    For more information: https://group.bureauveritas.com

    IHS Towers – IHS Towers will report its Q1 results in May 2025

    Tarkett reported its Q1 on April 17, 2025

    For more information: https://www.tarkett-group.com/en/investors/

    Unlisted Assets: 33% of Gross Asset Value

      Sales (in millions)
      Q1 2024 Q1 2025
    Stahl €225.6 €231.0
    CPI $29.0 $30.7
    ACAMS $20.7 $22.0
    Scalian €140.6 €131.8
    Globeducate (1) n/a €109.6

    (1)   Indian operations are deconsolidated and accounted for by the equity method due to the absence of audited figures. 3 months revenue from December 1, 2024, to February 28, 2025.

    Stahl – Total sales13up +2.4% in Q1 2025, in challenging market conditions
    (full consolidation)

    Stahl, the world leader in specialty coatings for flexible materials, posted total sales of €231.0 million in Q1 2025, representing a total increase of +2.4% versus Q1 2024.

    Q1 2025 was marked by increased levels of market uncertainty driven by geopolitical and trade tensions. Organic growth was -5.4%, against a high comparison basis with Q1 2024 (when sales grew organically by +9.8%). Scope contributed positively by +8.1% thanks to the Weilburger Graphics acquisition completed in September 2024, while FX was negative (-0.3%).

    Proforma for the sale of the wet-end leather chemicals activities, total growth over the quarter would have been +6.0%.

    Crisis Prevention Institute – Revenue growth of +5.8% as compared with Q1 2024

    (full consolidation)

    Crisis Prevention Institute recorded first quarter 2025 revenue of $30.7 million, up +5.8% vs. Q1 2024. Of this increase, +5.3% was organic growth, -0.9% came from FX movements and +1.4% from scope effect. Despite ongoing federal oversight and funding uncertainty for some of CPI’s customers, staff training sessions have continued to grow, however customers have been slower to add or replace new certified instructors during this period of uncertainty.

    On January 21, 2025, CPI announced the acquisition of Verge, a Norwegian leader in behavior intervention and training. This acquisition extends CPI’s presence in the Nordics, and enhances CPI’s ability to support professionals worldwide, leveraging Verge’s innovative techniques to address challenging behaviors, aggression and violence.

    ACAMS – Total sales up +6.4% in Q1, reflecting double-digit growth in the core North American segment as well as continued momentum in the conference sponsorship & exhibition business

    (full consolidation)

    ACAMS, the global leader in training and certifications for anti-money laundering and financial-crime prevention professionals, generated total revenue of $22.0 million, up +6.4% compared to the first quarter of 202414. First-quarter results were driven by double-digit growth in the core North American segment, with both bank and non-bank customers, as well as improved conference sponsorship & exhibition sales, offset by headwinds in select EMEA and APAC markets.

    Q1 growth reflects momentum from recent strategic and organizational changes including the senior leadership additions in 2024, a shift in focus to selling solutions for large enterprise customers, market expansion with the introduction of the Certified Anti-Fraud Specialist certification (CAFS), and investments in the technology platform. ACAMS anticipates continued growth in 2025 as these strategic changes and investments take hold.

    Scalian – Decrease of total sales of -6.3% in Q1 2025, in the context of continued market growth slowdown. Acquisition of a French IT services specializing in the defense sector in January 2025.

    (full consolidation)  

    Scalian, a leading consulting firm in digital transformation and operational performance reported total sales of €131.8M as of March 31, 2025, a -6.3% decrease vs. last year. The slowdown is spread across several sectors and geographies particularly automotive in Europe and Aeronautics (supply chain disruptions). Sales are down -11.2% organically but have benefited from a positive scope effect of +4.9%.

    In January 2025, Scalian completed the acquisition of a French IT services specialist. The acquisition was funded through shareholders’ equity contribution, including a €11.5m equity injection from Wendel in Scalian. This acquisition further reinforces Scalian’s unique positioning in the OT/IT space and is fully in line with the buy-and-build strategy implemented by the Group and which has resulted in the acquisitions of Yucca in 2023 as well as Mannarino and Dulin in 2024.

    Globeducate – Revenue growth of +11%15

    (Accounted for by the equity method. Globeducate acquisition was completed on October 16th, 2024. Indian operations are deconsolidated and accounted for by the equity method due to the absence of audited figures. 3 months revenue from December 1, 2024- February 28, 2025.)

    Globeducate, one of the world’s leading bilingual K-12 education groups, recorded first quarter 2025 revenue of €109.6 million, up +11% vs. Q1 2024. Of this increase, +3.5% came from accretive M&A transactions.

    Over September and November 2024, Globeducate completed 2 acquisitions:1 in Cyprus (Olympion School) and 1 in the UK (Ecole des Petits).

    Preliminary estimated impact of new tariffs on Wendel’s businesses

    Wendel Group’s companies are mainly business services, and are therefore only slightly directly impacted by conflicts over tariffs. For industrial companies (Stahl and Tarkett), these two companies have production units generally located in the countries in which they generate their revenues. According to the information available, the direct impact for these two companies is limited. The lack of visibility on the evolution of tariffs, as well as their real impact on global economic growth and USD exchange rates, constitute the main risk on the value creation potential of our assets.

    1 Fully diluted of share buybacks and treasury shares. Without adjusting for dilution, NAV stands at €7,719m and €173.6 per share.
    2 As of end of March 2025, AuM of IK Partners and Monroe Capital

    3 This amount includes usual closing adjustments

    4 Share price as of April 23, 2025: €86.05

    5 Including sponsor money commitment in IK (-€500m partly called as of 03.31.2025) & expected commitments in Monroe Capital (-$200m partly called as of 03.31.2025), IK Partners transaction deferred payment (-€131m), Monroe Capital 100% acquisition (including estimated earnout and puts on residual capital, i.e -$528M).

    6 €2.1bn of cash as of March 31, 2025, restated from sponsor money commitment in IK (-€500m partly called as of 03.31.2025) & expected commitments in Monroe Capital (-$200m partly called as of 03.31.2025), IK Partners transaction deferred payment (-€131m), Monroe Capital 100% acquisition (including estimated earnout and puts on residual capital, i.e -$528M).

    7 As of end of March 2025

    8 Based on USD/EUR exchange rate of 1.05

    9 Commitments not yet invested

    10 Fee Paying AuM

    11 IK Partners and Monroe Capital

    12 (Net cash generated from operating activities – lease payments + corporate tax)/adjusted operating profit.

    13 Total sales including wet-end activities, of which sale closing is expected in Q2 2025.

    14 Revenue in Q1 2024 excludes PPA restatement impact of $0.3m. Including this restatement, revenue is $20.4m in Q1 2024.

    15 Indian operations are deconsolidated and accounted for by the equity method due to the absence of audited figures. 3 months revenue from December 1, 2024 to February 28, 2025. These figures are compared with the same period last year and are estimated and non audited, accordingly, changes in percentages are rounded to the nearest whole figure.

    Agenda

    Thursday, May 15, 2025, at 3 PM CEST

    Annual General Meeting

    Wednesday, July 30, 2025

    H1 2025 results – Publication of NAV as of June 30, 2025, and condensed Half-Year consolidated financial statements (post-market release)

    Thursday, October 23, 2025

    Q3 2025 Trading update – Publication of NAV as of September 30, 2025 (post-market release)

    Friday, December 12, 2025

    2025 Investor Day.

    About Wendel

    Wendel is one of Europe’s leading listed investment firms. Regarding its principal investment strategy, the Group invests in companies which are leaders in their field, such as ACAMS, Bureau Veritas, Crisis Prevention Institute, Globeducate, IHS Towers, Scalian, Stahl and Tarkett. In 2023, Wendel initiated a strategic shift into third-party asset management of private assets, alongside its historical principal investment activities. In May 2024, Wendel completed the acquisition of a 51% stake in IK Partners, a major step in the deployment of its strategic expansion in third-party private asset management and also completed in March 2025 the acquisition of 72% of Monroe Capital. As of March 31, 2025, Wendel manages 34 billion euros on behalf of third-party investors, and c.6.3 billion euros invested in its principal investments activity.

    Wendel is listed on Eurolist by Euronext Paris.

    Standard & Poor’s ratings: Long-term: BBB, stable outlook – Short-term: A-2 

    Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of “Grand Mécène de la Culture” in 2012.

    For more information: wendelgroup.com

    Follow us on LinkedIn @Wendel 

    Attachment

    • Wendel_Q1_2025_EN_

    The MIL Network –

    April 25, 2025
  • MIL-OSI: BNP PARIBAS GROUP : RELEASE OF THE 1ST AMENDMENT TO THE ENGLISH VERSION OF THE UNIVERSAL REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT 2024

    Source: GlobeNewswire (MIL-OSI)

    RELEASE OF THE 1stAMENDMENT TO THE ENGLISH VERSION OF THE UNIVERSAL REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT 2024

    PRESS RELEASE

    Paris, 24 April 2025

    BNP Paribas announces the publication of the 1st amendment to the English version of the Universal registration document and Annual financial report 2024.

    This amendment was filed with the Autorité des Marchés Financiers (AMF) on 24 April 2025 and is listed under n° D.25-0122-A01.

    The document is available on BNP Paribas website at the following address https://invest.bnpparibas/en/search/reports/documents/financial-reports and on the AMF website.

    Attachment

    • Amendement 1Q25_v01_A4

    The MIL Network –

    April 25, 2025
  • MIL-OSI Global: Dying for Sex: Disney’s ‘rollercoaster of emotions’ TV show reviewed by a sex and relationship therapist

    Source: The Conversation – UK – By Chantal Gautier, Senior Lecturer in Psychology and Sex and Relationship Therapist, University of Westminster

    Warning: contains minor spoilers for Dying for Sex.

    When Molly (Michelle Williams) learns that her breast cancer has returned and time is now slipping through her fingers, she decides she isn’t ready to write off her ending. Not before living the chapter she’d never dared to start: the one about self and sexual discovery.

    The Disney+ series Dying for Sex opens with a couples’ therapy moment that, as a sex and relationships therapist, I know well. Molly is craving more sex but her husband Steve (Jay Duplass) just isn’t feeling it. After one final attempt to elicit sex, Molly gives Steve a blow job, but when she moves his hand to her chest, he breaks down. “When I touch your breasts,” he explains, “it makes me think about the mastectomy and then I think about losing you”.

    It’s not uncommon for partners like Steve to share these feelings. Studies have shown that the physical and emotional toll of care-giving and desire to protect the patient, can sometimes lead partners to withdraw from intimacy.


    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.


    Still, it doesn’t land well. Watching Molly’s reaction is painful but it marks a turning point. She decides to divorce, firmly declaring that she “doesn’t want to die with him” and longs to be seen beyond the lens of her illness.

    In pursuit of unlocking her true sexual self, Molly navigates her way through the wilds of dating apps, embarking on a string of sexual escapades from hook-ups to experimentation with sex toys. But it hits her that she doesn’t know what she really likes or dislikes.

    This isn’t unusual. Many people don’t have a clear sense of their turn-ons or preferred pleasures at first. In my private practice, it’s actually a frequent theme. Clients often come feeling unsure or disconnected from their desires, and together we explore what’s sometimes called their “erotic template”.

    In pursuit of her “yums”, Sonja (Esco Jouley), her palliative-care specialist, invites Molly and best friend Nikki (Jenny Slate) into the sex-positive world of the “play party”, a space where like-minded people into kink, BDSM, and other forms of consensual play can hang out, connect and explore.

    It’s here that something in Molly awakens. She allows herself to fully embrace new aspects of her sexuality as she discovers a preference for dominance and a strong desire to have others submit to her sexually. We get an early glimpse of this power dynamic between Molly and her neighbour Guy (Rob Delaney), setting the stage for their unique relationship.

    The trailer for Dying for Sex.

    Despite taking naturally to her newfound proficiency at dom/sub dynamics, Molly is still held back in seeking her own pleasure, specifically, her quest for an orgasm with another person. It’s only when we delve into her history that we truly see how profoundly haunted Molly is in moments of sex and her struggles to stay connected.

    This kind of disconnect or dissociation is a common response to trauma, a way the mind tries to protect itself when things feel unsafe or too overwhelming. When the body senses a threat – even if there is no real threat, but a reminder of past trauma – it can shoot us outside our window of tolerance, meaning we disconnect.

    Realising that she has spent most of her life locked out of her own body pushes Molly to revisit her childhood and subsequent sexuality. Perhaps sex and dominance is a language her nervous system can understand – a way to heal. In dom/sub spaces, everything is based on clear consent, safety and mutual respect. Here Molly can decide who touches her and how.

    And so, we find Molly at a crossroad where something deeper quietly begins to take root: agency. Molly starts to feel in charge of her life, her body and her choices – including how she navigates her cancer. She makes her own choices about which treatments feel right for her: when to stop chemo, when to be sedated for pain management and even who she wants by her side when she dies. Not out of fear, but from a place of clarity and ownership, because she has found her power.

    Dying for Sex takes viewers on a roller coaster of emotions – laughter, surprise, tenderness, sadness, even hope. Boldly provocative and deeply moving it weaves together themes of sexuality, love, a complex maternal relationship and enduring friendships.

    What emerges is not just a story about dying for sex – but a powerful celebration of what it means to truly live.

    Chantal Gautier 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. Dying for Sex: Disney’s ‘rollercoaster of emotions’ TV show reviewed by a sex and relationship therapist – https://theconversation.com/dying-for-sex-disneys-rollercoaster-of-emotions-tv-show-reviewed-by-a-sex-and-relationship-therapist-255145

    MIL OSI – Global Reports –

    April 25, 2025
  • MIL-OSI: Firefish Goes Global, Tapping Into Stablecoins to Offer Instant Non-Custodial Loans

    Source: GlobeNewswire (MIL-OSI)

    With over 10,000 users and 1,000 BTC collateralized, the company is empowering Bitcoin holders to unlock liquidity without having to sell their stack

    PRAGUE, April 24, 2025 (GLOBE NEWSWIRE) — Firefish, the leading open marketplace for Bitcoin-collateralized loans, now offers instant USDC loans to users in the U.S. and worldwide, delivering funds in as little as 15 minutes.

    After facilitating over $100M in value, Firefish now also supports USDC instant loans in over 50 countries, providing borrowers with liquidity in less than one hour. Loans in Euros and Swiss Francs are now also available for interested users in Europe and Switzerland.

    “This isn’t just a way for us to expand beyond Europe—it’s how we bypass the limitations of the fiat system,” said Martin Matejka, Firefish CEO and Co-Founder. “Stablecoins let our users receive instant payments regardless of location. With Firefish, you no longer have to wait days for a wire transfer to arrive.”

    The company recently crossed the 10,000-user mark and successfully collateralized over 1,000 BTC, recording triple-digit month-over-month growth in March 2025. Bitcoiners looking for loans and yield-seeking lenders are attracted to Firefish’s market-driven rates, compelling risk-reward profile, and a borrower-led model that lets lenders pick the best deal.

    Unlike centralized crypto lenders, Firefish does not hold user assets and never rehypothecates them. Bitcoin collateral is locked in on-chain escrow using multi-signature contracts, and fiat loans are settled directly between borrowers and lenders via standard bank transfers or stablecoins. Firefish’s advanced recovery feature allows for the Bitcoin collateral to still be recoverable in case of disastrous scenarios by using a pre-signed recovery transaction.

    With Firefish, institutional investors and high-net-worth individuals can deploy capital in bulk using fiat or stablecoins and be matched with qualified borrowers. These investments will soon be able to take place through traditional fund structures, which could enable even broader participation.

    “Lending is the natural next phase for Bitcoin adoption,” said Igor Neumann, Co-Founder and COO at Firefish. “Stablecoins enable millions of holders worldwide to use Bitcoin as a superior collateral asset and leverage its high liquidity, transparency, and borderless nature.”

    Firefish recently closed its seed round, with backing by prominent players such as Braiins and Miton C. Firefish’s roots are in the Czech Republic, a country with a great Bitcoin tradition that recently implemented favorable policies, including capital gains exemptions and discussions about adding Bitcoin to the central bank’s reserves. Companies such as SatoshiLabs, Braiins, General Bytes, Confirmo and Coinmate all trace back their origins to the Czech capital.

    About Firefish

    Firefish is the open marketplace for bitcoin-collateralized loans. Drawing on decades of experience in banking and capital markets, Martin Matejka and Igor Neumann founded Firefish to offer Bitcoin holders a simple and secure way to borrow cash against their Bitcoin without relying on a custodian. Using on-chain escrow and peer-to-peer matching, Firefish allows users to use their Bitcoin without having to sell and trigger capital gains taxes. Learn more at firefish.io

    Media Contact:
    Jesse Firefish
    press@firefish.io

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/961e11cc-e1af-4ada-9a62-cad36c509d83

    The MIL Network –

    April 25, 2025
  • MIL-OSI Global: Fake models for fast fashion? What AI clones mean for our jobs — and our identities

    Source: The Conversation – Canada – By Jul Parke, PhD Candidate in Media, Technology & Culture, University of Toronto

    In the heart of New York City’s Times Square, a popup by British tech startup, Hypervsn, showcases life-size holograms in a health supplement store. From behind the glass, a virtual humanoid avatar with spunky pink hair waves to passersby. She is just one sign of an artificial intelligence (AI) revolution in marketing taking place.

    Down the street, H&M — the Swedish fast-fashion giant — offers a new kind of immersive shopping experience. The flagship store showcases a room covered in mirrors equipped with virtual environments, encouraging shoppers to make social media content while they try on merchandise.

    And last month, H&M made waves with its newest AI venture: cloning 30 real-life models using “digital twin” technology.

    These AI-generated replicas sparked global excitement and debate. But as digital replicas of real people become more common, especially in image-based industries like fashion, urgent ethical questions are emerging. These include conversations about the future of work, compensation and identity in the cultural economy.

    H&M AI models. One is real, one is an AI generated model.
    H&M

    Digital twins, explained

    In New York’s bustling AI startup scene, where tech, fashion and finance collide, the potential of digital twins is being met with optimism.

    Developers, investors and brands believe that by cloning our human bodies and personalities, we can reach a future in which we live in “double time.” That time would look something like us sinking back into our couch for some rest while our identical avatars show up to work on our behalf. But is it really that simple?

    What does it mean for workers whose identities are being cloned without clear guidelines on compensation, ownership and rights?

    Digital twin production is a meticulous process that begins with a person’s unique identity. This includes their voice, personality, body and face, all things considered to be their intellectual property (IP).

    When someone signs off to be cloned with a digital twin startup, they agree to the use of generative AI replicating everything about their physical body: personal identity, distinct features and skills.

    The ethical framework around digital twins

    The emergence of digital twins has forced the development of new ethical frameworks, still in flux. Industry leader Natalie Monbiot, former co-founder of HourOne, has coined the term “Virtual Human Economy” to describe this growing sector.

    Companies like HourOne, Synthesia and Soul Machines are competing to dominate this space. They offer digital twins for applications that range from fashion modelling to corporate training videos and online education.

    The ethical challenges are significant, particularly regarding ownership.

    The human half of the H&M digital twin models, for example, will receive “fair compensation,” including continued payment for the use of their digital replicas beyond initial creation. The company has said models will retain some rights to how their likenesses are used, but industry standards for such contracts remain inconsistent.

    Most digital twin companies establish contracts where the human “original” receives initial compensation for the creation process. This typically involves extensive scanning, voice recording and movement capture.

    But such arrangements remain inconsistent across the industry, and the long-term value proposition of these digital likenesses is still unclear.

    Some companies offer royalty structures, while others purchase full rights upfront. This raises questions about the fair valuation of a person’s digital likeness.

    Traditional image rights contracts, borrowed from the entertainment industry, don’t account for AI’s ability to generate novel content using a person’s likeness. The industry is essentially creating its ethical standards in real time, with some companies adopting more transparent approaches than others.

    ‘Jackpot’ economy means those at the top take all

    For workers in image-based industries, like models and photographers, the rise of digital twins brings a fundamental shift in how labour and compensation are structured. While modelling has always been hyper-competitive, social media has dramatically intensified that and is now playing a large role in how opportunities are allocated.

    American labour scholar Andrew Ross pinpoints these dynamics as a “jackpot economy,” where intellectual property becomes “the glittering prize for the lucky few” while the majority face increased precarity.

    U.S. fashion scholar Minh-Ha Pham has also written about how digital technologies amplify the winners-take-all economic structures within the fashion and blogging industries. She describes concentrated opportunities and rewards among an elite minority.

    To add to this, New Zealand scholars Rachel Berryman and Misha Kavka have demonstrated how the rise of “parasocial” relationships has become increasingly central to career success in these fields. A parasocial relationship describes the sense of intimate connection followers feel toward influencers and celebrities.

    In other words, those successful digital twins could further concentrate power among models who already possess substantial followings and cultural cachet. This cachet allows them to multiply their earning potential while those with less visibility struggle to compete against both humans and AI-generated alternatives.




    Read more:
    AI-generated influencers: A new wave of cultural exploitation


    Race, sexuality and gender

    This concentration effect is particularly concerning when considering how race, sexuality and gender representation manifests in virtual spaces.

    Virtual influencer, Shudu.
    Instagram

    For nearly a decade, fully virtual fashion models like Shudu have become increasingly popular. Shudu has more than 237,000 Instagram followers and partnerships with brands like Balmain, Louis Vuitton and Furla. Shudu and others have demonstrated how digital avatars often flatten and commercialize identity. They present sanitized versions of racial and gender diversity that serve brand interests rather than authentic representation.




    Read more:
    AI-generated influencers: A new wave of cultural exploitation


    While digital twins based on actual humans may provide more authentic representation than fully synthetic avatars, they still risk reinforcing existing inequalities in who receives visibility and compensation.

    On the other hand, digital twinning could potentially offer improvements over purely synthetic virtual models.

    By maintaining a connection to real human subjects who can negotiate their representation and compensation, digital twins might provide a more equitable approach than computer-generated avatars created entirely at a corporation’s discretion.

    Behind the digital glamour are real-life issues

    Our collective fascination with technology and the new AI-driven digital twins may be distracting us from a more pressing (but also old) issue. Let’s not forget to look at the economic structures that govern work cultures, human creativity and labour norms.

    The debate isn’t just about banning or regulating AI, which enable phenomena such as digital twins; it’s also about how we ensure fair compensation and equitable access to these new forms of labour.

    The “jackpot economy” often benefits only a select few, leaving the majority in precarious positions. As digital twins technology continues to evolve, we must develop regulatory frameworks to ensure fair compensation for workers in creative industries.

    While we focus on the capabilities and potential of AI, we also need to shift the conversation towards the economic systems and power structures in which these technologies operate.

    Jul Parke receives funding from the Department of Canadian Heritage and the Social Sciences and Humanities Council of Canada.

    – ref. Fake models for fast fashion? What AI clones mean for our jobs — and our identities – https://theconversation.com/fake-models-for-fast-fashion-what-ai-clones-mean-for-our-jobs-and-our-identities-254135

    MIL OSI – Global Reports –

    April 25, 2025
  • MIL-OSI: CCIB Partners with Ryan Townend to Co-host Ryan’s Roundup Indigenous Networking Event

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) — This May, a Calgary business networking event will bring more than 600 Indigenous and non-Indigenous business leaders, entrepreneurs, and decision-makers together for a bridge-building event that will showcase Indigenous innovation, entertainment and fashion.

    Canadian Council for Indigenous Business is partnering with Ryan Townend, CEO of WJ Agency, to co-host this celebration of Indigenous excellence in business, culture, and the creative space—with musical performances by Jaiden Riley, Jordan Shingoose and Shane Ghostkeeper, as well as a fashion show featuring local Indigenous designers produced by Authentically Indigenous featuring Tracey Toulouse, Native Diva Creations by Melrene Saloy and Kwósel by Melissa Victor.

    Tickets are free of charge to ensure cost is not a barrier, and business leaders from all industries and of all sizes are encouraged to come out to build connections and support local business innovation and entrepreneurship.

    What:
    Ryan’s May Roundup

    When:

    Thurs., May 1, 2025
    5 to 7:30 p.m. MDT

    Where:

    Ranchman’s Cookhouse & Dancehall
    Calgary, AB

    Register for the event

    Members of the media are welcome. Please contact Alannah Jabokwoam at ajabokwoam@ccib.ca to notify us if you’ll be attending or for assistance in arranging interviews prior to the event or on-site available on request.

    Alannah Jabokwoam
    Senior Associate, Communications & Public Relations, Canadian Council for Indigenous Business
    ajabokwoam@ccib.ca I 647-920-3554

    The MIL Network –

    April 25, 2025
  • MIL-OSI: Best Bitcoin Casino Reddit 2025: JACKBIT Rated Top Bitcoin Casino By Reddit Experts

    Source: GlobeNewswire (MIL-OSI)

    LARNACA, Cyprus, April 24, 2025 (GLOBE NEWSWIRE) — The rise of Bitcoin and cryptocurrency casinos has revolutionized online gambling, offering players enhanced privacy, faster transactions, and innovative gaming experiences. With countless platforms competing for attention, finding the best Bitcoin casino Reddit recommends can be a challenge. Reddit, a hub for authentic user reviews, provides invaluable insights into which casinos truly deliver.

    After analyzing numerous Reddit threads and expert opinions, JACKBIT emerges as the best Bitcoin casino for 2025, celebrated for its no KYC policy, instant withdrawals, and an impressive library of over 7,000 games.

    Click Here To Join JACKBIT

    This comprehensive review explores why JACKBIT is hailed as the best crypto casino by Reddit, covering its features, bonuses, games, payment methods, and more. Whether you’re spinning slots or betting on sports, JACKBIT offers a top-tier experience for crypto enthusiasts.

    A Closer Look at the Best Bitcoin Casino Reddit: JACKBIT

    JACKBIT has earned its reputation as the best Bitcoin casino by reddit experts through a combination of player-focused features and cutting-edge technology. Launched in 2022 by Ryker B.V., this Curacao-licensed platform prioritizes privacy, speed, and variety, resonating deeply with Reddit’s crypto gambling community.

    Reddit users frequently praise JACKBIT’s no KYC policy, which allows anonymous play without identity verification—a major draw for privacy-conscious players. The casino’s ability to process cryptocurrency withdrawals in under 10 minutes is another standout feature, ensuring players access their winnings swiftly. With over 7,000 games, including slots, table games, live dealers, and a robust sportsbook, JACKBIT caters to a wide range of preferences, making it a versatile best crypto casino.

    The platform’s sleek, mobile-optimized interface ensures seamless navigation, while 24/7 multilingual support addresses player queries promptly. These qualities, often highlighted in some Reddit threads, solidify JACKBIT’s position as the best Bitcoin casino Reddit for 2025.

    Join JACKBIT Now For 30% Rakeback And 100 Free Spins – No Wagering!

    JACKBIT – Our Favorite Best Bitcoin Casino By Reddit

    JACKBIT secures its title as the best Bitcoin casino by Reddit with a blend of generous bonuses, an extensive game selection, and crypto-friendly features. New players are greeted with a 30% rakeback and 100 free spins on their first deposit, with no wagering requirements—meaning winnings are instantly withdrawable. This offer, frequently praised on Reddit, provides a risk-free start at the best crypto casino.

    The no KYC policy is a game-changer, enabling players to maintain anonymity, a feature that Reddit users in some communities commend for its simplicity. JACKBIT’s game library, powered by 85+ providers like NetEnt and Evolution Gaming, includes fan-favorite slots, live dealer tables, and sports betting on 140+ sports, ensuring endless entertainment.

    Instant crypto withdrawals, processed in under 10 minutes, set JACKBIT apart from competitors, aligning with Reddit’s emphasis on payout speed. The platform’s mobile-optimized site delivers a smooth experience, reinforcing its status as a top best Bitcoin casino for on-the-go gaming.

    Pros And Cons Of JACKBIT – The Best Crypto Casino

    • Pros:
      • Over 7,000 games from top-tier providers
      • Instant crypto withdrawals processed in under 10 minutes
      • No KYC requirement for enhanced privacy
      • Supports 17+ cryptocurrencies
      • 24/7 multilingual customer support
      • No-wager bonuses, including 100 free spins
    • Cons:
      • Curacao license may raise concerns for some players
      • No dedicated mobile app (though the site is mobile-optimized)
      • Minor navigation issues reported on mobile by some users
      • Limited fiat withdrawal options

    How To Join JACKBIT – The Best Bitcoin Casino Reddit

    Joining JACKBIT, the best Bitcoin casino on Reddit, is straightforward and tailored for crypto users:

    • Step 1: Visit JACKBIT: Click here to navigate to JACKBIT’s website.
    • Step 2: Register: Click “Register” and provide an email and password.
    • Step 3: Skip KYC: No identity verification is required, ensuring anonymity.
    • Step 4: Deposit Crypto: Select Bitcoin or another cryptocurrency and deposit $50+ to qualify for bonuses.
    • Step 5: Enter Promo Code: Use code “WELCOME” (check the promotions page for accuracy) to claim 30% rakeback and 100 free spins.
    • Step 6: Claim Bonus: Bonuses are credited instantly upon deposit.
    • Step 7: Start Playing: Dive into 7,000+ games or explore sports betting options.

    Pro Tip: Verify your email and promo code to ensure a seamless bonus activation at this best crypto casino.

    How We Selected The Best Bitcoin Casino Reddit

    Our selection of JACKBIT as the best Bitcoin casino reddit followed a rigorous evaluation process, mirroring Reddit’s community priorities:

    • Privacy: No KYC policies are a top priority for anonymity.
    • Payout Speed: Instant withdrawals are non-negotiable.
    • Game Variety: A diverse, high-quality game selection from leading providers.
    • Bonuses: Fair, no-wager offers that add real value.
    • Security: Reputable licensing and encryption for player safety.
    • Support: 24/7 responsive assistance is essential.
    • User Experience: Intuitive, mobile-friendly design enhances accessibility.

    JACKBIT excels in these areas, backed by glowing Reddit feedback, confirming its status as the best crypto casino by Reddit.

    License And Security At JACKBIT

    JACKBIT operates under a Curacao Gaming License, ensuring a regulated and fair gaming environment. Advanced SSL encryption safeguards player data, while provably fair games allow players to verify outcomes—a transparency feature Reddit users praise. The no KYC policy further enhances privacy, making JACKBIT a trusted best Bitcoin casino.

    Bonuses And Promotions At JACKBIT

    JACKBIT’s bonuses are a major draw for Reddit users:

    • Welcome Bonus: 30% rakeback + 100 free spins with no wagering requirements on the first deposit.
      • Bonus Code: WELCOME
      • Redeemable Game: Book of Dead
      • Minimum Deposit: $50
    • Weekly Giveaways: Compete for a share of $10,000 cash and 10,000 spins.
    • VIP Rakeback: Up to 30% rakeback for loyal players.
    • Social Media Bonuses: Exclusive rewards via JACKBIT’s X account.
    • Drops & Wins: Participate in tournaments with a €2,000,000 prize pool.

    These promotions, frequently noted in Reddit’s threads, make JACKBIT a standout best crypto casinos.

    Join JACKBIT Now For 30% Rakeback And 100 Free Spins – No Wagering!

    Best Bitcoin Casino Reddit Games At JACKBIT

    JACKBIT’s 7,000+ games cater to every type of player:

    • Slots: Popular titles like Book of Dead (96.21% RTP), Starburst, and Gates of Olympus.
    • Table Games: Variants of blackjack, roulette, baccarat, and poker.
    • Live Dealer: Evolution Gaming’s live blackjack, roulette, and game shows.
    • Sportsbook: Betting options on 140+ sports, including eSports.
    • Specialty Games: Lottery, scratch cards, and instant-win games.

    Some Reddit users have praised this variety, reinforcing JACKBIT’s status as one of the best Bitcoin casinos.

    Casino Game Providers Powering JACKBIT

    JACKBIT collaborates with 85+ top-tier providers:

    • NetEnt: Delivers classics like Starburst and Gonzo’s Quest.
    • Evolution Gaming: Powers exceptional live dealer experiences.
    • Pragmatic Play: Offers Gates of Olympus and Drops & Wins events.
    • Microgaming: Features progressive jackpot slots like Mega Moolah.
    • Play’n GO: Provides high-RTP games like Book of Dead.

    These partnerships ensure quality, fairness, and innovation at the best crypto casino.

    Best Bitcoin Casino Reddit Payment Methods

    JACKBIT excels in crypto banking with a wide range of options:

    • Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, Tether, Solana, Cardano, Dogecoin, USD Coin, Binance Coin, Monero, Bitcoin Cash, Chainlink, TRON, Polygon, DAI, SHIBA. Deposits are instant and fee-free, with withdrawals processed in under 10 minutes.
    • Fiat Methods: Visa, MasterCard, Bank Transfer, Google Pay, and Apple Pay offer secure alternatives, though processing times are slightly longer.

    Crypto transactions are seamless and cost-free, aligning with Reddit’s preference for speed at the best Bitcoin casinos.

    Customer Support At JACKBIT

    JACKBIT offers robust customer support that enhances its reputation as the best crypto casino. The platform provides 24/7 live chat assistance, staffed by agents fluent in multiple languages, including English, Spanish, and French. Reddit users, particularly in some communities, frequently commend the support team for its responsiveness and professionalism, noting that most queries, whether about deposits, bonuses, or game issues, are resolved within minutes.

    Beyond live chat, JACKBIT features a detailed FAQ section covering common topics like account setup, payment methods, and bonus terms. The site also includes in-depth guides for new players, such as tutorials on depositing crypto or navigating the sportsbook. This comprehensive support system ensures that players at the best Bitcoin casino reddit receive prompt, reliable assistance whenever needed, reinforcing JACKBIT’s player-centric approach.

    Mobile Experience At JACKBIT

    JACKBIT’s mobile-optimized website delivers a seamless gaming experience on smartphones and tablets, allowing players to access its full library of 7,000+ games on the go. The site’s responsive design adapts effortlessly to various screen sizes, ensuring smooth navigation and gameplay without the need for a dedicated app. Reddit users in some casino-related communities praise this accessibility, often citing the ability to switch between slots, live dealers, and sports betting with ease.

    However, some users have reported minor navigation issues, such as occasional lag during peak usage or slight difficulties locating specific game categories on smaller screens. Despite these hiccups, the overall quality and performance of the mobile site uphold JACKBIT’s best Bitcoin casino reddit ranking, making it a top choice for mobile crypto gaming enthusiasts.

    Responsible Gambling At JACKBIT

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

    • Deposit Limits: Players can set daily, weekly, or monthly caps to control spending.
    • Session Time Reminders: Alerts notify users of their play duration to encourage breaks.
    • Self-Exclusion: Options to temporarily or permanently suspend accounts for those needing a pause.
    • Reality Checks: Periodic pop-ups remind players of time spent on the platform.

    Additionally, JACKBIT provides links to external resources like GamCare and Gamblers Anonymous, offering support for those facing gambling challenges. This proactive approach enhances JACKBIT’s credibility as a best crypto casino, balancing entertainment with player well-being.

    Why Reddit Loves JACKBIT

    Reddit’s gambling communities are vocal about their admiration for JACKBIT, cementing its status as the best Bitcoin casino. Users consistently highlight the no KYC policy, which ensures complete anonymity—a feature one redditor called “a breath of fresh air for privacy lovers.” The platform’s lightning-fast payouts, processed in under 10 minutes, are another frequent point of praise, aligning with Reddit’s emphasis on efficiency.

    The extensive game variety, with over 7,000 options, keeps players engaged, while the no-wager bonuses—such as 30% rakeback and 100 free spins—add tangible value. JACKBIT’s 4.4/5 Trustpilot rating and 9.2/10 AskGamblers score further bolster its reliability. As one user in r/appreviews noted, “JACKBIT’s combo of speed, privacy, and games makes it the best crypto casino by Reddit standards.” This widespread community approval underscores its top-tier status.

    Winning Strategies At JACKBIT

    To maximize your success at JACKBIT, the best Bitcoin casino reddit, consider these tailored strategies:

    • Leverage Cryptocurrency Volatility: Deposit when your chosen cryptocurrency’s value is low and withdraw when it’s high to potentially amplify winnings. For example, if Bitcoin dips, depositing then and cashing out during a rally can boost your returns beyond game wins.
    • Focus on High RTP Games: Prioritize games with higher Return to Player (RTP) percentages, such as Book of Dead (96.21% RTP) or blackjack (99%+ RTP with optimal strategy). These games offer better long-term odds, increasing your chances of success.
    • Utilize No KYC for Quick Transactions: The no KYC policy allows for faster deposits and withdrawals, letting you capitalize on time-sensitive promotions or lock in profits immediately without delays.
    • Secure Winnings with Instant Withdrawals: Use JACKBIT’s instant crypto withdrawals to secure profits right after a win, reducing the temptation to reinvest and potentially lose gains.
    • Exploit Sports Betting Odds: Research teams and events thoroughly to make informed bets. JACKBIT’s competitive odds and live betting options can be advantageous for savvy sports bettors.
    • Maximize No-Wager Bonuses: Use the 30% rakeback and 100 free spins without wagering requirements to extend your playtime and boost your bankroll risk-free.

    These strategies align with JACKBIT’s unique features, helping you make the most of its crypto focus, game variety, and player-friendly policies.

    JACKBIT Conclusion: The Best Bitcoin Casino Reddit

    After a thorough evaluation of crypto casinos, JACKBIT stands out as the best Bitcoin casino reddit for 2025. Its no KYC policy offers unmatched privacy, while instant withdrawals ensure players enjoy their winnings without delay. With a massive library of over 7,000 games, spanning slots, live dealers, and sports betting, JACKBIT caters to every gaming preference. Reddit users consistently laud its speed, anonymity, and generous bonuses, making it a player favorite.

    The platform’s mobile optimization, robust customer support, and responsible gambling tools further enhance its appeal. For those seeking a secure, anonymous, and rewarding crypto gambling experience, JACKBIT is the best crypto casino. Join today and discover why it’s Reddit’s top pick for 2025.

    Click Here to Join JACKBIT

    FAQ: Best Bitcoin Casino Reddit – JACKBIT

    • What makes JACKBIT the best Bitcoin casino on Reddit?

    JACKBIT excels with its no KYC policy, instant crypto withdrawals, 7,000+ games, and no-wager bonuses, ideal for privacy and speed.

    • Is JACKBIT safe and licensed?

    Yes, it holds a Curacao license, uses SSL encryption, and offers provably fair games for transparency.

    • What bonuses does JACKBIT offer?

    New players get 30% rakeback and 100 free spins with no wagering, plus weekly giveaways and VIP rewards.

    • Can I play without identity verification?

    Yes, the no KYC policy allows anonymous play, simplifying registration.

    • What cryptocurrencies are supported?

    Bitcoin, Ethereum, Litecoin, Ripple, Tether, Solana, and more, all with instant, fee-free transactions.

    • How does JACKBIT ensure fairness?

    Its Curacao license, encryption, and provably fair games guarantee transparent outcomes.

    • What games are available at JACKBIT?

    Slots, table games, live dealers, and a sportsbook with 140+ sports cater to all preferences.

    • Is there a mobile app for JACKBIT?

    No, but the mobile-optimized site offers a seamless experience on smartphones and tablets.

    • How fast are withdrawals at JACKBIT?

    Crypto withdrawals are processed in under 10 minutes, among the fastest available.

    • Does JACKBIT support responsible gambling?

    Yes, with deposit limits, session reminders, and self-exclusion tools for player safety.

    Disclaimers and Affiliate Disclosure

    1. General Disclaimer
      This content is for informational purposes only and not legal or financial advice. Information is based on research available at the time of writing. Verify details independently before acting.
    2. Gambling Disclaimer
      Online gambling involves risk and may not be suitable for everyone. Ensure you meet the legal age and follow your local laws. We do not promote gambling, and participation is at your own risk. JACKBIT is a third-party site; we are not responsible for any issues.
    3. Affiliate Disclosure
      We may earn a commission through affiliate links at no extra cost to you. Our reviews remain unbiased, and we only recommend services we trust. Please do your own research before making any decisions.

    Email: support@jackbit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8f027753-9fd2-4d7b-aba6-7b46b6aade19

    The MIL Network –

    April 25, 2025
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