NewzIntel.com

Category: Finance

  • MIL-OSI Security: OmegaPro Founder and Promoter Charged for Running Global $650M Foreign Exchange and Crypto Investment Scam

    Source: United States Attorneys General 1

    An indictment was unsealed today in the District of Puerto Rico charging two men for their alleged roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of over $650 million.

    According to court documents, Michael Shannon Sims, 48, of Georgia and Florida, was a founder, strategic consultant, and promoter of OmegaPro, and Juan Carlos Reynoso, 57, of New Jersey and Florida, led OmegaPro’s operations in Latin America and parts of the United States, including Puerto Rico.

    “As alleged, the defendants preyed upon vulnerable individuals in the U.S. and abroad, defrauding them of over $650 million by making false promises of substantial returns and that their money was safe,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “The Criminal Division is committed to prosecuting these bad actors and pursuing justice for their many victims. Thanks to the dedicated work of our multiagency and international law enforcement partners, we are leading efforts to combat these complex and insidious digital asset investor scams.”  

    “As alleged in the indictment, the defendants operated a global fraud scheme through OmegaPro that deceived investors with false promises of extraordinary returns, only to misappropriate hundreds of millions of victim funds,” said U.S. Attorney W. Stephen Muldrow for the District of Puerto Rico. “We remain committed to dismantling international financial schemes that target U.S. victims — including here in Puerto Rico — and to recovering illicit proceeds through criminal prosecution and asset forfeiture.”

    “The FBI will not stand by while the American public is defrauded,” said Assistant Director Joe Perez of the FBI Criminal Investigative Division. “Through coordination with our partners, these individuals will have to defend their actions in a court of law.”

    “This case exposes the ruthless reality of modern financial crime,” said Chief Guy Ficco of the IRS Criminal Investigation (IRS-CI). “OmegaPro promised financial freedom but delivered financial ruin – stealing over $650 million from everyday people and vanishing it into virtual currency. These weren’t just scams; they were precision-engineered betrayals. Our job is to stand up for those who’ve been exploited and continue our cross-agency collaboration until those responsible are brought to justice.”

    “This case highlights the critical role international partnerships play in dismantling transnational financial fraud schemes that exploit global markets and victimize unsuspecting investors,” said International Operations Assistant Director Ricardo Mayoral of U.S. Immigration and Customs Enforcement Homeland Security Investigations (HSI). “HSI remains committed to working with our partners worldwide to disrupt criminal networks that weaponize emerging technologies to conceal illicit profits and defraud the public.”

    Sims and co-conspirators established OmegaPro in or about January 2019, and Reynoso joined a few months later, in or about April 2019. As alleged, the defendants and others operated and promoted OmegaPro as a multi-level marketing (MLM) scheme for investors to purchase “investment packages,” which the defendants and others falsely promised would generate 300% returns over 16 months through foreign exchange (forex) trading by elite traders. Investors were instructed to purchase these investment packages using virtual currency.

    According to court documents, Sims allegedly misled victims by vouching for OmegaPro’s trading performance and the skills of the hired traders and by falsely advertising the safety of investment in OmegaPro. Reynoso allegedly falsely and misleadingly represented that OmegaPro was operating pursuant to a legitimate license and, at other times, that OmegaPro was not subject to any country’s legal rules. The indictment alleges that Sims and Reynoso, together with co-conspirators, hosted lavish OmegaPro promotional events and trainings all over the world including, for example, projecting the OmegaPro logo onto the Burj Khalifa, the world’s tallest building, at an event in Dubai. The objective of these promotional events allegedly was to convince existing and prospective investors that OmegaPro was a legitimate enterprise that offered a path to wealth and a luxurious lifestyle.

    Further, Sims, Reynoso, and their co-conspirators used social media to display their expensive vacations and cars, as well as their designer clothes and watches. The indictment alleges that through the defendants’ and others’ misrepresentations, OmegaPro raised over $650 million in virtual currency from thousands of investors. After OmegaPro announced that it had suffered a network hack, Reynoso and others told victims in or about January 2023 that their investments were secure and that OmegaPro was transferring their investments to another platform called Broker Group. Despite these representations, victims were unable to withdraw money from either their OmegaPro accounts or their accounts at Broker Group, resulting in millions in victim losses.

    The more than $650 million in funds raised from victims allegedly was first sent to virtual currency wallet addresses controlled by OmegaPro executives and then allegedly transferred to OmegaPro insiders and high-ranking promoters to disperse the funds and obscure their origins. As alleged, Sims and Reynoso both profited millions from this scheme.

    Both defendants are charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. If convicted, Sims and Reynoso each face a maximum penalty of 20 years in prison on each count.

    The FBI, IRS-CI, and HSI New York are investigating the case, with assistance from FBI’s Virtual Asset Unit, HSI Bangkok, HSI Bogota, HSI Frankfurt, HSI Istanbul, HSI London, HSI Miami, HSI New Delhi, HSI The Hague, the Office of the Attorney General of Colombia, and the Joint Chiefs of Global Tax Enforcement (J5), an alliance between the Australian Taxation Office, the Canada Revenue Agency, the Dutch Fiscal Intelligence and Investigation Service, His Majesty’s Revenue and Customs from the U.K., and IRS-CI.

    Trial Attorneys Ariel Glasner and Tamara Livshiz of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jonathan Gottfried for the District of Puerto Rico and on detail to the Computer Crime and Intellectual Property Section are prosecuting the case.

    If you believe you were potentially victimized by OmegaPro or have information relevant to this investigation, please visit the FBI’s Victim Witness website at forms.fbi.gov/victims/omegaprovictims or contact OmegaProVictims@fbi.gov.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI United Kingdom: New champion urges households to have their say on proposed Council Tax changes

    Source: City of Plymouth

    Plymouth’s new Council Tax and benefits champion is urging people to give their views on the Government’s proposals to change key elements of how the tax is administered and collected.

    Councillor Lewis Allison, who has been appointed to support Councillor Mark Lowry, Cabinet member for Finance, is championing Council Tax and benefits matters, says it is likely many people will welcome the proposals and is encouraging them to help shape the final changes.

    The Government’s proposals include:

    • Moving Council Tax payments from 10 to 12-month instalments by default, to spread payments over a longer period.
    • Improving the transparency of bills so residents can see what their Council Tax is being spent on and ensure households know about the support they are eligible for.
    • Changing the outdated title of the Severe Mental Impairment ‘disregard’ to Severe Cognitive Impairment and amending its definition to encourage more eligible people to make use of it. 
    • Listening to views on how the ‘disregards’ for care workers and apprentices and how they can be improved.
    • Making it easier to challenge the Council Tax band your home has been allocated.
    • Ensuring the action taken by councils to recover unpaid Council Tax is proportional and sympathetic to those in hardship through proposed changes such as amending the time before councils request a full-year’s bill or seek a liability order, as well as views on capping the cost of liability orders. 

    Councillor Allison said: “The Government has recognised that the rules around Council Tax are outdated and wants to hear views on its proposals to modernise them. I’m sure some of the proposals – such as the ability to spread payments over 12 months – will be welcomed by many taxpayers but it is important that they hear from as many people as possible to help get this right.

    “The consultation is also asking for views on how councils deal with non-payment of Council Tax. While we have a duty as a council to collect the Council Tax that households owe and aim to firmly deal with deliberate tax avoidance, we are also acutely aware of the real financial pressures many households are under.

    “We already promote the support that is available for those who are struggling with their payments and always urge anyone in difficulty to get in touch with us as soon as possible.

    “We would like to see a national framework that helps councils take a consistent approach to maximising collection rates without practices that make matters worse for those who are genuinely struggling. The proposed changes would allow us to support residents more than we are currently allowed to.”

    The Government’s consultation run until 12 September 2025. You can give your views on the Government website.

    MIL OSI United Kingdom –

  • MIL-OSI USA: OmegaPro Founder and Promoter Charged for Running Global $650M Foreign Exchange and Crypto Investment Scam

    Source: US State Government of Utah

    An indictment was unsealed today in the District of Puerto Rico charging two men for their alleged roles in operating and promoting OmegaPro, an international investment scheme that defrauded victim investors of over $650 million.

    According to court documents, Michael Shannon Sims, 48, of Georgia and Florida, was a founder, strategic consultant, and promoter of OmegaPro, and Juan Carlos Reynoso, 57, of New Jersey and Florida, led OmegaPro’s operations in Latin America and parts of the United States, including Puerto Rico.

    “As alleged, the defendants preyed upon vulnerable individuals in the U.S. and abroad, defrauding them of over $650 million by making false promises of substantial returns and that their money was safe,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “The Criminal Division is committed to prosecuting these bad actors and pursuing justice for their many victims. Thanks to the dedicated work of our multiagency and international law enforcement partners, we are leading efforts to combat these complex and insidious digital asset investor scams.”  

    “As alleged in the indictment, the defendants operated a global fraud scheme through OmegaPro that deceived investors with false promises of extraordinary returns, only to misappropriate hundreds of millions of victim funds,” said U.S. Attorney W. Stephen Muldrow for the District of Puerto Rico. “We remain committed to dismantling international financial schemes that target U.S. victims — including here in Puerto Rico — and to recovering illicit proceeds through criminal prosecution and asset forfeiture.”

    “The FBI will not stand by while the American public is defrauded,” said Assistant Director Joe Perez of the FBI Criminal Investigative Division. “Through coordination with our partners, these individuals will have to defend their actions in a court of law.”

    “This case exposes the ruthless reality of modern financial crime,” said Chief Guy Ficco of the IRS Criminal Investigation (IRS-CI). “OmegaPro promised financial freedom but delivered financial ruin – stealing over $650 million from everyday people and vanishing it into virtual currency. These weren’t just scams; they were precision-engineered betrayals. Our job is to stand up for those who’ve been exploited and continue our cross-agency collaboration until those responsible are brought to justice.”

    “This case highlights the critical role international partnerships play in dismantling transnational financial fraud schemes that exploit global markets and victimize unsuspecting investors,” said International Operations Assistant Director Ricardo Mayoral of U.S. Immigration and Customs Enforcement Homeland Security Investigations (HSI). “HSI remains committed to working with our partners worldwide to disrupt criminal networks that weaponize emerging technologies to conceal illicit profits and defraud the public.”

    Sims and co-conspirators established OmegaPro in or about January 2019, and Reynoso joined a few months later, in or about April 2019. As alleged, the defendants and others operated and promoted OmegaPro as a multi-level marketing (MLM) scheme for investors to purchase “investment packages,” which the defendants and others falsely promised would generate 300% returns over 16 months through foreign exchange (forex) trading by elite traders. Investors were instructed to purchase these investment packages using virtual currency.

    According to court documents, Sims allegedly misled victims by vouching for OmegaPro’s trading performance and the skills of the hired traders and by falsely advertising the safety of investment in OmegaPro. Reynoso allegedly falsely and misleadingly represented that OmegaPro was operating pursuant to a legitimate license and, at other times, that OmegaPro was not subject to any country’s legal rules. The indictment alleges that Sims and Reynoso, together with co-conspirators, hosted lavish OmegaPro promotional events and trainings all over the world including, for example, projecting the OmegaPro logo onto the Burj Khalifa, the world’s tallest building, at an event in Dubai. The objective of these promotional events allegedly was to convince existing and prospective investors that OmegaPro was a legitimate enterprise that offered a path to wealth and a luxurious lifestyle.

    Further, Sims, Reynoso, and their co-conspirators used social media to display their expensive vacations and cars, as well as their designer clothes and watches. The indictment alleges that through the defendants’ and others’ misrepresentations, OmegaPro raised over $650 million in virtual currency from thousands of investors. After OmegaPro announced that it had suffered a network hack, Reynoso and others told victims in or about January 2023 that their investments were secure and that OmegaPro was transferring their investments to another platform called Broker Group. Despite these representations, victims were unable to withdraw money from either their OmegaPro accounts or their accounts at Broker Group, resulting in millions in victim losses.

    The more than $650 million in funds raised from victims allegedly was first sent to virtual currency wallet addresses controlled by OmegaPro executives and then allegedly transferred to OmegaPro insiders and high-ranking promoters to disperse the funds and obscure their origins. As alleged, Sims and Reynoso both profited millions from this scheme.

    Both defendants are charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. If convicted, Sims and Reynoso each face a maximum penalty of 20 years in prison on each count.

    The FBI, IRS-CI, and HSI New York are investigating the case, with assistance from FBI’s Virtual Asset Unit, HSI Bangkok, HSI Bogota, HSI Frankfurt, HSI Istanbul, HSI London, HSI Miami, HSI New Delhi, HSI The Hague, the Office of the Attorney General of Colombia, and the Joint Chiefs of Global Tax Enforcement (J5), an alliance between the Australian Taxation Office, the Canada Revenue Agency, the Dutch Fiscal Intelligence and Investigation Service, His Majesty’s Revenue and Customs from the U.K., and IRS-CI.

    Trial Attorneys Ariel Glasner and Tamara Livshiz of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Jonathan Gottfried for the District of Puerto Rico and on detail to the Computer Crime and Intellectual Property Section are prosecuting the case.

    If you believe you were potentially victimized by OmegaPro or have information relevant to this investigation, please visit the FBI’s Victim Witness website at forms.fbi.gov/victims/omegaprovictims or contact OmegaProVictims@fbi.gov.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News –

  • MIL-OSI USA: California Bay Area CEO Sentenced for Employment Tax Crimes

    Source: US State Government of Utah

    A California man was sentenced today to a year and a day in prison for a decade-long scheme to avoid paying over employment taxes to the IRS.

    The following is according to court documents and statements made in court: John Comeau, of Santa Clara, was the CEO of Vivid Inc., a company that provided metal coating services to industrial customers in California and elsewhere. Vivid Inc. employed as many as 40 employees at any given time.

    Comeau was responsible for withholding Social Security, Medicare, and federal income taxes from the wages of Vivid’s employees and then paying those funds over to the IRS each quarter. The timely payment of these taxes is critical to the functioning of the U.S. government, because, for example, they are the primary source of funding for Social Security and Medicare. The federal income taxes that are withheld from employees’ wages also account for a significant portion of all federal income taxes collected each year.

    From the first quarter of 2010 through the fourth quarter of 2019, Vivid Inc. paid its employee a total of over $8.8 million in wages. During this period, Comeau collected and withheld taxes from the wages of Vivid’s employees but did not pay over all the taxes owed to the IRS. He also caused false quarterly employment tax returns to be filed with the IRS, underreporting Vivid’s wages by more than $5 million.

    To conceal his scheme, Comeau caused accurate tax forms to be issued to certain employees. These tax forms reported higher wages than the amounts Vivid had reported to the IRS. Comeau also issued tax forms, such as Wage and Tax Statement, Form W-2, to other Vivid employees that underreported their wages. When an employer underreports wages paid to their employees, it may negatively impact those employees’ Social Security benefits, as those forms are used by the Social Security Administration to compute benefits owed to an employee. 

    Instead of paying his taxes, Comeau used some of the funds to maintain a comfortable lifestyle that included a $3 million home and luxury cars.

    In total, Comeau caused a tax loss to the United States of more than $1.1 million.

    In addition to his prison sentence, U.S. District Judge P. Casey Pitts for the Northern District of California ordered Comeau to serve three years of supervised release and pay $1,153,948 in restitution to the IRS.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Craig H. Missakian for the Northern District of California made the announcement.

    IRS Criminal Investigation investigated the case.

    Trial Attorney Mahana Weidler of the Tax Division and Assistant U.S. Attorney Ilham Hosseini for the Northern District of California prosecuted the case.

    MIL OSI USA News –

  • MIL-OSI Security: California Bay Area CEO Sentenced for Employment Tax Crimes

    Source: United States Attorneys General

    A California man was sentenced today to a year and a day in prison for a decade-long scheme to avoid paying over employment taxes to the IRS.

    The following is according to court documents and statements made in court: John Comeau, of Santa Clara, was the CEO of Vivid Inc., a company that provided metal coating services to industrial customers in California and elsewhere. Vivid Inc. employed as many as 40 employees at any given time.

    Comeau was responsible for withholding Social Security, Medicare, and federal income taxes from the wages of Vivid’s employees and then paying those funds over to the IRS each quarter. The timely payment of these taxes is critical to the functioning of the U.S. government, because, for example, they are the primary source of funding for Social Security and Medicare. The federal income taxes that are withheld from employees’ wages also account for a significant portion of all federal income taxes collected each year.

    From the first quarter of 2010 through the fourth quarter of 2019, Vivid Inc. paid its employee a total of over $8.8 million in wages. During this period, Comeau collected and withheld taxes from the wages of Vivid’s employees but did not pay over all the taxes owed to the IRS. He also caused false quarterly employment tax returns to be filed with the IRS, underreporting Vivid’s wages by more than $5 million.

    To conceal his scheme, Comeau caused accurate tax forms to be issued to certain employees. These tax forms reported higher wages than the amounts Vivid had reported to the IRS. Comeau also issued tax forms, such as Wage and Tax Statement, Form W-2, to other Vivid employees that underreported their wages. When an employer underreports wages paid to their employees, it may negatively impact those employees’ Social Security benefits, as those forms are used by the Social Security Administration to compute benefits owed to an employee. 

    Instead of paying his taxes, Comeau used some of the funds to maintain a comfortable lifestyle that included a $3 million home and luxury cars.

    In total, Comeau caused a tax loss to the United States of more than $1.1 million.

    In addition to his prison sentence, U.S. District Judge P. Casey Pitts for the Northern District of California ordered Comeau to serve three years of supervised release and pay $1,153,948 in restitution to the IRS.

    Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division and U.S. Attorney Craig H. Missakian for the Northern District of California made the announcement.

    IRS Criminal Investigation investigated the case.

    Trial Attorney Mahana Weidler of the Tax Division and Assistant U.S. Attorney Ilham Hosseini for the Northern District of California prosecuted the case.

    MIL Security OSI –

  • MIL-OSI: AMD to Report Fiscal Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., July 08, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) announced today that it will report fiscal second quarter 2025 financial results on Tuesday, Aug. 5, 2025, after the market close. Management will conduct a conference call to discuss these results at 5:00 p.m. EDT / 2:00 p.m. PDT. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

    AMD also announced it will participate in the following event for the financial community:

    • Jean Hu, executive vice president, chief financial officer and treasurer, will present at Citi’s 2025 Global TMT Conference on Wednesday, Sept. 3, 2025.

    A webcast of the presentations can be accessed on AMD’s Investor Relations website ir.amd.com.

    About AMD
    For more than 55 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, Facebook and X pages.

    AMD, the AMD Arrow logo and the combination thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

    Contact
    Phil Hughes
    AMD Communications
    512-865-9697
    phil.hughes@amd.com

    Liz Stine
    AMD Investor Relations
    (720) 652-3965
    liz.stine@amd.com

    The MIL Network –

  • MIL-OSI: AMD to Report Fiscal Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., July 08, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) announced today that it will report fiscal second quarter 2025 financial results on Tuesday, Aug. 5, 2025, after the market close. Management will conduct a conference call to discuss these results at 5:00 p.m. EDT / 2:00 p.m. PDT. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com.

    AMD also announced it will participate in the following event for the financial community:

    • Jean Hu, executive vice president, chief financial officer and treasurer, will present at Citi’s 2025 Global TMT Conference on Wednesday, Sept. 3, 2025.

    A webcast of the presentations can be accessed on AMD’s Investor Relations website ir.amd.com.

    About AMD
    For more than 55 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, Facebook and X pages.

    AMD, the AMD Arrow logo and the combination thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

    Contact
    Phil Hughes
    AMD Communications
    512-865-9697
    phil.hughes@amd.com

    Liz Stine
    AMD Investor Relations
    (720) 652-3965
    liz.stine@amd.com

    The MIL Network –

  • MIL-OSI: Virtu Financial to Host Conference Call Announcing Second Quarter 2025 Results on Wednesday, July 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NYSE: VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the second quarter 2025 on Wednesday, July 30, 2025, before the US market open.

    Virtu will host a conference call to discuss the company’s financial results at 8:00 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company’s website at https://ir.virtu.com/events-presentations. The call will be open to the public.

    About Virtu Financial, Inc.
    Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade on hundreds of venues across 50+ countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrency and myriad other commodities. In addition, Virtu’s integrated, multi-asset analytics platform provides a range of pre-, intra-, and post-trade services, data products and compliance tools that clients rely upon to invest, trade and manage risk across global markets.

    Contact:

    Investor Relations and Media Relations
    Andrew Smith
    investor_relations@virtu.com
    media@virtu.com

    The MIL Network –

  • MIL-OSI: Virtu Financial to Host Conference Call Announcing Second Quarter 2025 Results on Wednesday, July 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NYSE: VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the second quarter 2025 on Wednesday, July 30, 2025, before the US market open.

    Virtu will host a conference call to discuss the company’s financial results at 8:00 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company’s website at https://ir.virtu.com/events-presentations. The call will be open to the public.

    About Virtu Financial, Inc.
    Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade on hundreds of venues across 50+ countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrency and myriad other commodities. In addition, Virtu’s integrated, multi-asset analytics platform provides a range of pre-, intra-, and post-trade services, data products and compliance tools that clients rely upon to invest, trade and manage risk across global markets.

    Contact:

    Investor Relations and Media Relations
    Andrew Smith
    investor_relations@virtu.com
    media@virtu.com

    The MIL Network –

  • MIL-OSI: Mithril Silver & Gold Announces $10 Million Brokered Private Placement of Common Shares

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

    MELBOURNE, Australia and VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Mithril Silver and Gold Limited (TSXV: MSG) (ASX: MTH) (“Mithril” or the “Company”) is pleased to announce that it has entered into an agreement with Ventum Financial Corp. as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a private placement of 27,778,000 common shares (the “Shares”) of the Company at a price of C$0.36 per Share (the “Offering Price“) for aggregate gross proceeds of C$10,000,080 (the “Offering”), excluding any additional proceeds raised from the exercise of the Agents’ Option (defined below).

    The Company will grant the Agents an option (the “Agents’ Option”), which will allow the Agents to offer up to an additional 15% of the Offering, on the same terms as the Shares. The Agents’ Option may be exercised in whole or in part at any time prior to the Closing Date of the Offering.

    The Shares (including any Shares issued pursuant to the Agents’ Option) will be offered on a private placement basis pursuant to exemptions from prospectus requirements under applicable securities laws, in all provinces of Canada, and will be made utilising the Company’s available placement capacity under ASX Listing Rules 7.1 and 7.1A.

    The net proceeds from the Offering will be used to accelerate exploration and drilling activity at the Company’s Copalquin district project in Durango State, Mexico, as well as for working capital and general corporate purposes.

    The Offering is scheduled to close on July 29, 2025 (the “Closing Date”), or such other date as the Company and the Agents may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period expiring four months and one day from the Closing Date.

    In consideration for services provided by the Agents, the Company has agreed to pay a fee of 6.0% of the gross proceeds of the Offering plus any applicable taxes in cash to the Agents. The Company has also agreed to issue to the Agents that number of compensation options equal to 6.0% of the aggregate number of Shares issued by the Company under the Offering, each exercisable into one Share at the Offering Price, with an expiry date of two (2) years from the Closing Date. The same commission shall be paid to the Agents in connection with any Shares issued or sold pursuant to the exercise of the Agents’ Option.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    All currency references herein are to Canadian dollar unless otherwise stated.

    About Mithril Silver and Gold

    Mithril Silver and Gold Limited is an Australian and Canadian listed precious metals exploration company, focused on its Copalquin district project, in Mexico’s Sierra Madre Gold Silver Trend.

    The Copalquin mining district is located in Durango State, Mexico and covers an entire mining district of 70km2. The district is within the Sierra Madre Gold Silver Trend which extends north-south along the western side of Mexico and hosts many world-class gold and silver deposits.

    Additional information about Mithril and its mineral projects can be viewed on the Company’s SEDAR+ profile at (www.sedarplus.ca) and its website at www.mithrilsilvergold.com.

    The information in this announcement relating to mineral resources has been reported by the Company in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’ (JORC Code) previously (refer to the Company’s ASX announcement dated 7 July 2025) which is available to view on the Company’s website. The Company confirms that it is not aware of any new information as at the date of this announcement that materially affects the information included in the previous market announcement and that all material assumptions and technical parameters underpinning the estimates in the Company’s previous announcement continue to apply and have not materially changed.

    Neither the TSX Venture Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this news release.

    For further information, please contact:
    John Skeet
    Managing Director and CEO
    Email: jskeet@mithrilsilvergold.com
    Tel: +61 435 766 809
    Corporate Communications
    Nicole@mithrilsilvergold.com
    Liz@mithrilsilvergold.com

    Cautionary Notes and Forward-looking Statements

    Certain information contained in this news release constitutes “forward-looking information” under Canadian securities legislation. This includes, but is not limited to, information or statements with respect to the Offering, including statements with respect to the completion of the Offering and the anticipated closing date thereof; the expected receipt of regulatory and other approvals relating to the Offering; participants in the Offering; the expected proceeds of the Offering and the anticipated use of the net proceeds therefrom; the future exploration plans of the Company, timing of future exploration, anticipated results of exploration and potential mineralization of the Company’s mineral projects. Such forward looking information or statements can be identified by the use of words such as “believes”, “plans”, “suggests”, “targets” or “prospects” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “will” be taken, occur, or be achieved. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties, the actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of precious and base metals, accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental approvals or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.

    The MIL Network –

  • MIL-OSI: Mithril Silver & Gold Announces $10 Million Brokered Private Placement of Common Shares

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

    MELBOURNE, Australia and VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Mithril Silver and Gold Limited (TSXV: MSG) (ASX: MTH) (“Mithril” or the “Company”) is pleased to announce that it has entered into an agreement with Ventum Financial Corp. as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a private placement of 27,778,000 common shares (the “Shares”) of the Company at a price of C$0.36 per Share (the “Offering Price“) for aggregate gross proceeds of C$10,000,080 (the “Offering”), excluding any additional proceeds raised from the exercise of the Agents’ Option (defined below).

    The Company will grant the Agents an option (the “Agents’ Option”), which will allow the Agents to offer up to an additional 15% of the Offering, on the same terms as the Shares. The Agents’ Option may be exercised in whole or in part at any time prior to the Closing Date of the Offering.

    The Shares (including any Shares issued pursuant to the Agents’ Option) will be offered on a private placement basis pursuant to exemptions from prospectus requirements under applicable securities laws, in all provinces of Canada, and will be made utilising the Company’s available placement capacity under ASX Listing Rules 7.1 and 7.1A.

    The net proceeds from the Offering will be used to accelerate exploration and drilling activity at the Company’s Copalquin district project in Durango State, Mexico, as well as for working capital and general corporate purposes.

    The Offering is scheduled to close on July 29, 2025 (the “Closing Date”), or such other date as the Company and the Agents may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Offering will be subject to a statutory hold period expiring four months and one day from the Closing Date.

    In consideration for services provided by the Agents, the Company has agreed to pay a fee of 6.0% of the gross proceeds of the Offering plus any applicable taxes in cash to the Agents. The Company has also agreed to issue to the Agents that number of compensation options equal to 6.0% of the aggregate number of Shares issued by the Company under the Offering, each exercisable into one Share at the Offering Price, with an expiry date of two (2) years from the Closing Date. The same commission shall be paid to the Agents in connection with any Shares issued or sold pursuant to the exercise of the Agents’ Option.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

    All currency references herein are to Canadian dollar unless otherwise stated.

    About Mithril Silver and Gold

    Mithril Silver and Gold Limited is an Australian and Canadian listed precious metals exploration company, focused on its Copalquin district project, in Mexico’s Sierra Madre Gold Silver Trend.

    The Copalquin mining district is located in Durango State, Mexico and covers an entire mining district of 70km2. The district is within the Sierra Madre Gold Silver Trend which extends north-south along the western side of Mexico and hosts many world-class gold and silver deposits.

    Additional information about Mithril and its mineral projects can be viewed on the Company’s SEDAR+ profile at (www.sedarplus.ca) and its website at www.mithrilsilvergold.com.

    The information in this announcement relating to mineral resources has been reported by the Company in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration results, Mineral Resources and Ore Reserves’ (JORC Code) previously (refer to the Company’s ASX announcement dated 7 July 2025) which is available to view on the Company’s website. The Company confirms that it is not aware of any new information as at the date of this announcement that materially affects the information included in the previous market announcement and that all material assumptions and technical parameters underpinning the estimates in the Company’s previous announcement continue to apply and have not materially changed.

    Neither the TSX Venture Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this news release.

    For further information, please contact:
    John Skeet
    Managing Director and CEO
    Email: jskeet@mithrilsilvergold.com
    Tel: +61 435 766 809
    Corporate Communications
    Nicole@mithrilsilvergold.com
    Liz@mithrilsilvergold.com

    Cautionary Notes and Forward-looking Statements

    Certain information contained in this news release constitutes “forward-looking information” under Canadian securities legislation. This includes, but is not limited to, information or statements with respect to the Offering, including statements with respect to the completion of the Offering and the anticipated closing date thereof; the expected receipt of regulatory and other approvals relating to the Offering; participants in the Offering; the expected proceeds of the Offering and the anticipated use of the net proceeds therefrom; the future exploration plans of the Company, timing of future exploration, anticipated results of exploration and potential mineralization of the Company’s mineral projects. Such forward looking information or statements can be identified by the use of words such as “believes”, “plans”, “suggests”, “targets” or “prospects” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “will” be taken, occur, or be achieved. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties, the actual results of current exploration activities, changes in project parameters as plans continue to be refined, future prices of precious and base metals, accident, labour disputes and other risks of the mining industry, and delays in obtaining governmental approvals or financing. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking information contained herein are made as of the date of this news release. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by applicable securities laws. Accordingly, the reader is cautioned not to place undue reliance on forward-looking information.

    The MIL Network –

  • MIL-OSI: Vital Energy Provides Details for its Second-Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    TULSA, OK, July 08, 2025 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) will report its second-quarter 2025 financial and operating results after market close on Wednesday, August 6, 2025.

    A conference call to discuss results is planned for 7:30 a.m. CT on Thursday, August 7, 2025. A webcast of the call will be available on the Company’s website at www.vitalenergy.com “Investor Relations | News & Presentations | Upcoming Events.”

    About Vital Energy

    Vital Energy, Inc. is an independent energy company with headquarters in Tulsa, Oklahoma. Vital Energy’s business strategy is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas.

    Additional information about Vital Energy may be found on its website at www.vitalenergy.com.

    Investor Contact:
    Ron Hagood
    918.858.5504
    ir@vitalenergy.com 

    The MIL Network –

  • MIL-OSI: Special Opportunities Fund Declares Distributions For Third Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) has announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan.

    Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 8% (or 0.6667% per month) for 2025, based on the net asset value of $16.47 of the Fund’s common shares as of December 31, 2024.

    The next three distributions declared under the managed distribution plan are as follows:

    Month Amount Record Date Payable Date
    July $0.1098 July 22, 2025 July 31, 2025
    August $0.1098 August 19, 2025 August 29, 2025
    September $0.1098 September 16, 2025 September 30, 2025
           

    Under the managed distribution plan, the Fund will distribute net investment income, net realized capital gains and/or return of capital. No conclusions should be drawn about the Fund’s investment performance from the amount of the distributions. The Board may amend the terms of the managed distribution plan or terminate the plan at any time without prior notice to stockholders.

    The Fund will issue a notice to common stockholders that will provide an estimate of the composition of each distribution. For tax reporting purposes the actual composition of the total amount of distributions for each year will continue to be provided on a Form 1099-DIV issued after the end of the year.

    Contacts

    For information, please contact:
    Thomas Antonucci, Bulldog Investors LLP (tantonucci@bulldoginvestors.com)

    The MIL Network –

  • MIL-OSI: Lake Shore Bancorp Announces Closing Date of Conversion Transaction and Results of Stock Offering

    Source: GlobeNewswire (MIL-OSI)

    DUNKIRK, N.Y., July 08, 2025 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (“Lake Shore Federal Bancorp”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that all regulatory approvals have been received to close the conversion of Lake Shore, MHC from mutual to stock form and the related stock offering by Lake Shore Bancorp, Inc. (“Lake Shore Bancorp”), the proposed new stock holding company for Lake Shore Bank and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank.

    Closing is expected to occur after the close of business on July 18, 2025. Lake Shore Bancorp’s common stock is expected to begin trading on the Nasdaq Global Market under the trading symbol “LSBK” on July 21, 2025.

    As a result of the subscription offering, Lake Shore Bancorp expects to sell a total of 4,950,460 shares of its common stock (approximately the midpoint of the offering range) at a price of $10.00 per share for total gross proceeds of $49.5 million. All valid stock orders submitted by eligible account holders, supplemental eligible account holders and voting members in the subscription offering will be filled in full. Lake Shore Bancorp’s transfer agent, Computershare Trust Company, N.A. (“Computershare”), expects to mail Direct Registration System (“DRS”) Book-Entry statements for shares purchased in the subscription offering and interest checks, on or about July 21, 2025.

    As part of the conversion transaction, each outstanding share of Lake Shore Federal Bancorp common stock owned by the public stockholders of Lake Shore Federal Bancorp (stockholders other than Lake Shore, MHC) as of the closing date will be converted into shares of Lake Shore Bancorp common stock based on an exchange ratio of 1.3549 shares of Lake Shore Bancorp common stock for each share of Lake Shore Federal Bancorp common stock so that Lake Shore Federal Bancorp’s existing public stockholders will own approximately the same percentage of Lake Shore Bancorp’s common stock as they owned of Lake Shore Federal Bancorp’s common stock immediately prior to the conversion, subject to adjustment as disclosed in the prospectus. Cash will be issued in lieu of a fractional share of Lake Shore Bancorp common stock based on the offering price of $10.00 per share. Upon the completion of the conversion and stock offering, approximately 7,825,877 shares of Lake Shore Bancorp common stock are expected to be outstanding before adjustment for fractional shares.

    Stockholders of Lake Shore Federal Bancorp holding shares in street name will receive shares of Lake Shore Bancorp common stock and cash in lieu of fractional shares within their accounts. Stockholders of Lake Shore Federal Bancorp holding shares in certificated form will be mailed a letter of transmittal on or about July 21, 2025. After submitting their stock certificates and a properly completed letter of transmittal to Computershare, stockholders will receive DRS Book-Entry statements reflecting their shares of Lake Shore Bancorp common stock and checks for cash in lieu of fractional shares.

    Luse Gorman, PC has acted as legal counsel to Lake Shore Bancorp and Lake Shore Federal Bancorp. Raymond James & Associates, Inc. has acted as marketing agent for Lake Shore Bancorp in the subscription offering. Kilpatrick Townsend & Stockton LLP has acted as legal counsel to Raymond James & Associates, Inc.

    About Lake Shore
      
    Lake Shore Federal Bancorp is the mid-tier holding company of Lake Shore Savings Bank, a federally chartered, community-oriented financial institution headquartered in Dunkirk, New York. The Bank has ten full-service branch locations in Western New York, including four in Chautauqua County and six in Erie County. The Bank offers a broad range of retail and commercial lending and deposit services. Lake Shore Federal Bancorp’s common stock is traded on the NASDAQ Global Market as “LSBK”. Additional information about Lake Shore Federal Bancorp is available at www.lakeshoresavings.com.

    Safe-Harbor

    This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on current expectations, estimates and projections about Lake Shore Federal Bancorp’s, Lake Shore Bancorp, Inc.’s (collectively, the “Company”) and the Bank’s industry, and management’s beliefs and assumptions. Words such as anticipates, expects, intends, plans, believes, estimates and variations of such words and expressions are intended to identify forward-looking statements. Such statements reflect management’s current views of future events and operations. These forward-looking statements are based on information currently available to the Company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve and are subject to significant risks, contingencies, and uncertainties, many of which are difficult to predict and are generally beyond our control including, but not limited to, delays in closing the conversion and stock offering; possible unforeseen delays in delivering DRS Book-Entry statements or interest checks; and/or delays in the start of trading due to market disruptions or otherwise, data loss or other security breaches, including a breach of our operational or security systems, policies or procedures, including cyber-attacks on us or on our third party vendors or service providers, economic conditions, the effect of changes in monetary and fiscal policy, inflation, tariffs, unanticipated changes in our liquidity position, climate change, geopolitical conflicts, public health issues, increased unemployment, deterioration in the credit quality of the loan portfolio and/or the value of the collateral securing repayment of loans, reduction in the value of investment securities, the cost and ability to attract and retain key employees, regulatory or legal developments, tax policy changes, dividend policy changes and our ability to implement and execute our business plan and strategy and expand our operations. These factors should be considered in evaluating forward looking statements and undue reliance should not be placed on such statements, as our financial performance could differ materially due to various risks or uncertainties. We do not undertake to publicly update or revise our forward-looking statements if future changes make it clear that any projected results expressed or implied therein will not be realized.

    Legal Disclosures

    The shares of common stock of Lake Shore Bancorp, Inc. are not savings accounts or deposit accounts and are not insured by the Federal Deposit Insurance Corporation or by any other governmental agency.

    Source: Lake Shore Bancorp, Inc.
    Category: Financial

    Investor Relations/Media Contact
    Kim C. Liddell
    President, CEO, and Director
    Lake Shore Bancorp, Inc.
    31 East Fourth Street
    Dunkirk, New York 14048
    (716) 366-4070 ext. 1012

    The MIL Network –

  • MIL-OSI: Altus Group to Release Q2 2025 Financial Results on August 7

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group” or “the Company”) (TSX: AIF) announced today it plans to release its financial results for the second quarter ended June 30, 2025 after market close on Thursday, August 7, 2025. Altus Group’s management team will host a conference call at 5:00 p.m. (ET) the same day to discuss the results.

    Analysts who wish to ask questions during the call can participate by telephone at 1-888-660-6785 (conference ID: 8366990). A live and archived webcast of the call with be available on the Investor Relations section of the Company’s website at: https://www.altusgroup.com/investor-relations/.

    About Altus Group

    Altus connects data, analytics, applications and expertise to deliver the intelligence necessary to drive optimal CRE performance. The industry’s top leaders rely on our market-leading solutions and expertise to power performance and mitigate risk. Our global team of ~2,000 experts are making a lasting impact on an industry undergoing unprecedented change – helping shape the cities where we live, work, and build thriving communities. For more information about Altus (TSX: AIF) please visit www.altusgroup.com.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Martin Miasko
    Sr. Director, Investor Relations and Strategy, Altus Group
    (647)-267-9176
    martin.miasko@altusgroup.com

    The MIL Network –

  • MIL-OSI: Flywire to Announce Second Quarter 2025 Results on August 5, 2025

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Today, Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced that its second quarter financial results will be released after market close on Tuesday, August 5, 2025. Flywire will host a conference call to discuss its second-quarter financial results at 5:00 pm ET the same day. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and Cosmin Pitigoi, CFO.

    The conference call will be webcast live from Flywire’s investor relations website at https://ir.flywire.com/. A replay will be available on the investor relations website following the call.

    About Flywire
    Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform, and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

    Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare, and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

    Flywire supports more than 4,600 clients with diverse payment methods in more than 140 currencies across more than 240 countries and territories around the world. The company is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X, LinkedIn and Facebook.

    Contacts
    Investor Relations:
    Masha Kahn
    ir@Flywire.com 

    Media:
    Sarah King
    media@flywire.com

    The MIL Network –

  • MIL-OSI: MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended June 30, 2025, after the closing of the Nasdaq Global Select Market on Monday, August 11, 2025.

    The Company will also host a conference call on Tuesday, August 12, 2025, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 225-9448 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9708. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC0812 when prompted. A simultaneous webcast of the conference call will be available to the public on a listen-only basis and can be accessed through the Events Calendar in the Shareholders section of our website at www.midcapfinancialic.com. Following the call, you may access a replay of the event either telephonically or via audio webcast. The telephonic replay will be available approximately two hours after the live call and through September 2, 2025, by dialing (800) 753-4652; international callers should dial (402) 220-4235. A replay of the audio webcast will also be available later that same day. To access the audio webcast please visit the Events Calendar in the Shareholders section of our website at www.midcapfinancialic.com.

    About MidCap Financial Investment Corporation

    MidCap Financial Investment Corporation (NASDAQ: MFIC) is a closed-end, externally managed, diversified management investment company that has elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). For tax purposes, the Company has elected to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company is externally managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc. and its consolidated subsidiaries, a high-growth global alternative asset manager. The Company’s investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. The Company primarily invests in directly originated and privately negotiated first lien senior secured loans to privately held U.S. middle-market companies, which the Company generally defines as companies with less than $75 million in EBITDA, as may be adjusted for market disruptions, mergers and acquisitions-related charges and synergies, and other items. To a lesser extent, the Company may invest in other types of securities including, first lien unitranche, second lien senior secured, unsecured, subordinated, and mezzanine loans, and equities in both private and public middle market companies. For more information, please visit www.midcapfinancialic.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, including, but not limited to, statements as to our future operating results; our business prospects and the prospects of our portfolio companies; the impact of investments that we expect to make; our contractual arrangements and relationships with third parties; the dependence of our future success on the general economy and its impact on the industries in which we invest; the ability of our portfolio companies to achieve their objectives; our expected financings and investments; the adequacy of our cash resources and working capital; and the timing of cash flows, if any, from the operations of our portfolio companies.

    We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; new strategic initiatives; the ability to reposition the investment portfolio; the market outlook; future investment activity; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. Undue reliance should not be placed on such forward-looking statements as such statements speak only as of the date on which they are made. We do not undertake to update our forward-looking statements unless required by law.

    Contact

    Elizabeth Besen
    Investor Relations Manager
    MidCap Financial Investment Corporation
    (212) 822-0625
    ebesen@apollo.com

    The MIL Network –

  • MIL-OSI: MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended June 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended June 30, 2025, after the closing of the Nasdaq Global Select Market on Monday, August 11, 2025.

    The Company will also host a conference call on Tuesday, August 12, 2025, at 8:30 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (800) 225-9448 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9708. Participants should reference either MidCap Financial Investment Corporation Earnings or Conference ID: MFIC0812 when prompted. A simultaneous webcast of the conference call will be available to the public on a listen-only basis and can be accessed through the Events Calendar in the Shareholders section of our website at www.midcapfinancialic.com. Following the call, you may access a replay of the event either telephonically or via audio webcast. The telephonic replay will be available approximately two hours after the live call and through September 2, 2025, by dialing (800) 753-4652; international callers should dial (402) 220-4235. A replay of the audio webcast will also be available later that same day. To access the audio webcast please visit the Events Calendar in the Shareholders section of our website at www.midcapfinancialic.com.

    About MidCap Financial Investment Corporation

    MidCap Financial Investment Corporation (NASDAQ: MFIC) is a closed-end, externally managed, diversified management investment company that has elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”). For tax purposes, the Company has elected to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company is externally managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc. and its consolidated subsidiaries, a high-growth global alternative asset manager. The Company’s investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. The Company primarily invests in directly originated and privately negotiated first lien senior secured loans to privately held U.S. middle-market companies, which the Company generally defines as companies with less than $75 million in EBITDA, as may be adjusted for market disruptions, mergers and acquisitions-related charges and synergies, and other items. To a lesser extent, the Company may invest in other types of securities including, first lien unitranche, second lien senior secured, unsecured, subordinated, and mezzanine loans, and equities in both private and public middle market companies. For more information, please visit www.midcapfinancialic.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, including, but not limited to, statements as to our future operating results; our business prospects and the prospects of our portfolio companies; the impact of investments that we expect to make; our contractual arrangements and relationships with third parties; the dependence of our future success on the general economy and its impact on the industries in which we invest; the ability of our portfolio companies to achieve their objectives; our expected financings and investments; the adequacy of our cash resources and working capital; and the timing of cash flows, if any, from the operations of our portfolio companies.

    We may use words such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may” and similar expressions to identify forward-looking statements. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; new strategic initiatives; the ability to reposition the investment portfolio; the market outlook; future investment activity; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. Undue reliance should not be placed on such forward-looking statements as such statements speak only as of the date on which they are made. We do not undertake to update our forward-looking statements unless required by law.

    Contact

    Elizabeth Besen
    Investor Relations Manager
    MidCap Financial Investment Corporation
    (212) 822-0625
    ebesen@apollo.com

    The MIL Network –

  • MIL-OSI: Urbana Corporation – Report of Voting Results Annual Shareholders’ Meeting

    Source: GlobeNewswire (MIL-OSI)

    /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

    TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (the “Corporation”) (TSX & CSE: URB, URB.A) reports the results of the votes conducted at its Annual Meeting of Shareholders held on June 11, 2025.

    Election of Directors
    Each of the five director nominees listed in the Corporation’s management proxy circular dated May 8, 2025, was elected as a director. The voting results of the election of the five directors are set forth in the table below:

    Name of Nominee  For Withheld
    Thomas S. Caldwell 5,982,736 (92.63%) 475,974 (7.37%)
    Beth Colle 6,414,874 (99.32%) 43,836 (0.68%)
    George D. Elliott 5,961,180 (92.30%) 497,530 (7.70%)
    Michael B. C. Gundy 5,959,251 (92.27%) 499,459 (7.73%)
    Charles A.V. Pennock 5,957,060 (92.23%) 501,650 (7.77%)
         

    Appointment of Auditor
    Deloitte LLP was reappointed as the auditor of the Corporation to hold office until the close of the next Annual Meeting of Shareholders.  The voting result of this appointment is set forth in the table below:

     For Withheld
    6,447,665 (99.83%) 11,045 (0.17%)  
       

    On behalf of Urbana’s Board of Directors,
    Thomas S. Caldwell, C.M.

    For further information:

    Elizabeth Naumovski
    Investor Relations 
    (416) 595-9106      enaumovski@urbanacorp.com

    150 KING ST. W., SUITE 1702, TORONTO, ONTARIO M5H 1J9 
    TEL: 416-595-9106  FAX: 416-862-2498  www.urbanacorp.com

    The MIL Network –

  • MIL-OSI: Nasdaq Reports June 2025 Volumes and 2Q25 Statistics

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for June 2025, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended June 30, 2025, on its Investor Relations website.

    A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Cautionary Note Regarding Forward-Looking Statements
    Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to (i) projections relating to our future financial results, total shareholder returns, growth, trading volumes, products and services, ability to transition to new business models, taxes and achievement of synergy targets, (ii) statements about the closing or implementation dates and benefits of certain acquisitions, divestitures and other strategic, restructuring, technology, de-leveraging and capital allocation initiatives, (iii) statements about our integrations of our recent acquisitions, (iv) statements relating to any litigation or regulatory or government investigation or action to which we are or could become a party, and (v) other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    Media Relations Contacts:

    Nick Eghtessad
    +1.929.996.8894
    Nick.Eghtessad@Nasdaq.com

    Investor Relations Contact:

    Ato Garrett
    +1.212.401.8737
    Ato.Garrett@Nasdaq.com

    -NDAQF-

    The MIL Network –

  • MIL-OSI USA: Justice Department’s Antitrust Division Announces Whistleblower Rewards Program

    Source: US State of California

    The Program Incentivizes Individuals to Report Postal-Related Antitrust Crimes that Undermine the Competitive Process or Market Competition Across Industries

    The Justice Department’s Antitrust Division today announces its partnership with the United States Postal Service to create the Whistleblower Rewards Program. For the first time, the Antitrust Division will offer rewards for individuals who report antitrust crimes and related offenses that harm consumers, taxpayers, and free market competition across industries from healthcare to agriculture — under existing law and at no additional cost to the taxpayer.

    “Antitrust crimes and related offenses that harm free market competition often occur in secret, making detection a formidable challenge. The new Whistleblower Rewards Program will create a new pipeline of leads from individuals with firsthand knowledge of criminal antitrust and related offenses that will help us break down those walls of secrecy and hold violators accountable,” said Assistant Attorney General Abigail Slater of the Antitrust Division. “This program raises the stakes: If you’re fixing prices or rigging bids, don’t assume your scheme is safe — we will find and prosecute you, and someone you know may get a reward for helping us do it.”

    “This reporting mechanism gives those with a vested interest in maintaining the integrity of the Postal Service the opportunity to join us in the fight,” said Chief Postal Inspector Gary Barksdale of the U.S. Postal Inspection Service. “The Postal Inspection Service, along with our partners in the Department of Justice’s Antitrust Division and the U.S. Postal Service Office of Inspector General will not tolerate anyone who violates Antitrust Laws; we remain committed to seeking justice against anyone who chooses to do so. And for those who are also motivated to using this tool to report Antitrust crimes, we affirm our commitment to fully investigate and bring violators to justice.”

    “As a key partner and original member in the Department of Justice’s Procurement Collusion Strike Force, the U.S. Postal Service Office of Inspector General (USPS OIG), actively collaborates with other federal agencies to detect, investigate, and prosecute antitrust crimes, ensuring fair competition and safeguarding taxpayer’s dollars in federal procurements,” said Assistant Inspector General for Investigations Robert Kwalwasser, U.S. Postal Service Office of Inspector General. “We are pleased to be partnering with DOJ and the Postal Inspection Service to implement the Whistleblower Rewards Program to incentivize individuals and companies to provide information about collusive behavior without fear of reprisal. This newly established program is an example of DOJ’s commitment to root out illicit behavior in all industries, which includes industries where the USPS procures goods and services either directly or indirectly. The USPS OIG will fully participate in this collaborate effort to ensure the USPS and the U.S. taxpayers are not being defrauded of honest services.”

    The U.S. Postal Inspection Service and USPS OIG have long played a vital role in uncovering and investigating postal-related antitrust crimes that harm Americans. The Whistleblower Rewards Program will provide individuals with the opportunity to report evidence of antitrust crimes directly to the Antitrust Division and, in appropriate cases, qualify for substantial monetary rewards of up to 30% of any criminal fines recovered, for violations of law affecting the Postal Service, its revenues, or its property. The program expands upon the Division’s long-standing efforts to detect and prosecute cartels and criminal collusion by incentivizing individuals to report specific, credible, and timely information about illegal agreements to fix prices, rig bids, and allocate markets, as well as other federal criminal violations that impact, distort, or undermine the competitive process or market competition.

    To facilitate reporting, the Division has established a dedicated Whistleblower Regards Program webpage accessible at www.justice.gov/atr/whistleblower-rewards. Whistleblowers and their counsel are encouraged to contact the Division promptly.

    MIL OSI USA News –

  • MIL-OSI Security: Justice Department’s Antitrust Division Announces Whistleblower Rewards Program

    Source: United States Attorneys General

    The Program Incentivizes Individuals to Report Postal-Related Antitrust Crimes that Undermine the Competitive Process or Market Competition Across Industries

    The Justice Department’s Antitrust Division today announces its partnership with the United States Postal Service to create the Whistleblower Rewards Program. For the first time, the Antitrust Division will offer rewards for individuals who report antitrust crimes and related offenses that harm consumers, taxpayers, and free market competition across industries from healthcare to agriculture — under existing law and at no additional cost to the taxpayer.

    “Antitrust crimes and related offenses that harm free market competition often occur in secret, making detection a formidable challenge. The new Whistleblower Rewards Program will create a new pipeline of leads from individuals with firsthand knowledge of criminal antitrust and related offenses that will help us break down those walls of secrecy and hold violators accountable,” said Assistant Attorney General Abigail Slater of the Antitrust Division. “This program raises the stakes: If you’re fixing prices or rigging bids, don’t assume your scheme is safe — we will find and prosecute you, and someone you know may get a reward for helping us do it.”

    “This reporting mechanism gives those with a vested interest in maintaining the integrity of the Postal Service the opportunity to join us in the fight,” said Chief Postal Inspector Gary Barksdale of the U.S. Postal Inspection Service. “The Postal Inspection Service, along with our partners in the Department of Justice’s Antitrust Division and the U.S. Postal Service Office of Inspector General will not tolerate anyone who violates Antitrust Laws; we remain committed to seeking justice against anyone who chooses to do so. And for those who are also motivated to using this tool to report Antitrust crimes, we affirm our commitment to fully investigate and bring violators to justice.”

    “As a key partner and original member in the Department of Justice’s Procurement Collusion Strike Force, the U.S. Postal Service Office of Inspector General (USPS OIG), actively collaborates with other federal agencies to detect, investigate, and prosecute antitrust crimes, ensuring fair competition and safeguarding taxpayer’s dollars in federal procurements,” said Assistant Inspector General for Investigations Robert Kwalwasser, U.S. Postal Service Office of Inspector General. “We are pleased to be partnering with DOJ and the Postal Inspection Service to implement the Whistleblower Rewards Program to incentivize individuals and companies to provide information about collusive behavior without fear of reprisal. This newly established program is an example of DOJ’s commitment to root out illicit behavior in all industries, which includes industries where the USPS procures goods and services either directly or indirectly. The USPS OIG will fully participate in this collaborate effort to ensure the USPS and the U.S. taxpayers are not being defrauded of honest services.”

    The U.S. Postal Inspection Service and USPS OIG have long played a vital role in uncovering and investigating postal-related antitrust crimes that harm Americans. The Whistleblower Rewards Program will provide individuals with the opportunity to report evidence of antitrust crimes directly to the Antitrust Division and, in appropriate cases, qualify for substantial monetary rewards of up to 30% of any criminal fines recovered, for violations of law affecting the Postal Service, its revenues, or its property. The program expands upon the Division’s long-standing efforts to detect and prosecute cartels and criminal collusion by incentivizing individuals to report specific, credible, and timely information about illegal agreements to fix prices, rig bids, and allocate markets, as well as other federal criminal violations that impact, distort, or undermine the competitive process or market competition.

    To facilitate reporting, the Division has established a dedicated Whistleblower Regards Program webpage accessible at www.justice.gov/atr/whistleblower-rewards. Whistleblowers and their counsel are encouraged to contact the Division promptly.

    MIL Security OSI –

  • MIL-OSI USA: ICYMI: Cassidy Outlines Plan to Save Social Security in Op-Ed

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy
    WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) penned an op-ed in the Washington Post outlining his “Big Idea” to save Social Security by creating a sovereign wealth fund—separate from the Social Security Trust Fund—dedicated to protecting the program for all current and future Social Security beneficiaries. Cassidy was joined by U.S. Senator Tim Kaine (D-VA) in penning the op-ed.
    “There is a nationwide appetite to implement a bipartisan, commonsense plan like ours. Waiting until the Social Security Trust Fund is on the eve of crisis would have difficult and preventable consequences. Congress should seize the moment,” wrote the senators.
    Read the full op-ed here or below.
    Our Bipartisan Plan Could Rescue Social Security
    If Congress doesn’t act, the Social Security Trust Fund will be insolvent as soon as 2033, and millions of Americans who have been paying into the program will see a significant portion of their promised benefits cut. That’s why we’re working on a bipartisan proposal for a new investment fund that would infuse much-needed money into Social Security, while ensuring no one on Social Security or nearing retirement sees any change to the benefits whatsoever.
    Social Security is currently funded through payroll taxes, which are not keeping pace with the amount needed to sustain the program. For now, the Social Security Trust Fund — which is invested exclusively in U.S. government bonds yielding low returns — is helping to fill the gap, but it can’t for long. The most recent Social Security Trustees Reportshowed that payroll tax revenue will fall more than $25 trillion short of owed benefits over the next 75 years, in today’s dollars, if the trust fund becomes insolvent. We propose creating an additional investment fund — in parallel to the trust fund, not replacing it — that would be invested in stocks, bonds and other investments that generate a higher rate of return, helping keep the program from running dry.
    We estimate that it would take a $1.5 trillion up-front investment into the fund to get it going, and we propose giving the fund 75 years to grow. The Treasury would temporarily shoulder the burden of providing benefits to Social Security beneficiaries — but when the new fund’s 75 years are up, it would pay the Treasury back and supplement payroll taxes to help fill the future gap.
    The result? The consistent delivery of Social Security benefits for generations of Americans, and a reduction to the United States’ long-term indebtedness by up to 20 percent.A substantial majority of Americans are concerned about the challenges facing Social Security. We understand if they also question whether politicians could use the proceeds of the new fund we propose for other objectives.That risk can be effectively managed by putting in place guardrails modeled after those used by the Thrift Savings Plan, including a fiduciary duty to seek a maximal return on investments and deterrence measures to address concerns that a future Congress might want to raid the fund. As for transparency, the new fund should be subject to annual audits published online.
    We know a program like this could work because it already has. In 2001, Congress created the National Railroad Retirement Investment Trust — a diversified investment fund designed to ensure retirement benefit payouts for railroad workers. The trust has remained firmly in the black, with returns even exceeding expectations at some points and with payments consistently remaining reliable and on schedule. Our proposal is also consistent with virtually every other pension plan — state and private — currently operating in our country, and it matches the strategy most nations use to fund their retirement programs.
    There is a nationwide appetite to implement a bipartisan, commonsense plan like ours. Waiting until the Social Security Trust Fund is on the eve of crisis would have difficult and preventable consequences. Congress should seize the moment.

    MIL OSI USA News –

  • MIL-OSI USA: US Department of Labor cites Orlando aerospace facility for safety, health failures after fire injures workers

    Source: US Department of Labor

    ORLANDO, FL – The U.S. Department of Labor has cited an Orlando target-missile manufacturer for exposing workers to fire, burn, and inhalation hazards, after a December 2024 fire at its facility, hospitalizing two employees and injuring others. 

    Investigators with the department’s Occupational Safety and Health Administration found that two employees of Aerojet Rocketdyne Coleman Aerospace Inc. were severely burned, and another sustained injuries from burns and smoke inhalation while they worked on a missile component. OSHA also determined that the employer exposed other workers to burn and inhalation hazards from incorrectly stored and handled explosives and from failing to classify the physical hazards of a highly reactive chemical.

    Aerojet Rocketdyne was cited with one willful and six serious violations, with proposed penalties totaling $262,451.

    The employer has 15 business days from receipt of the citations and penalties to comply, request an informal conference with OSHA, or contest the findings before the independent Occupational Safety and Health Review Commission. 

    Learn more about OSHA. Employers can also contact the agency for information about OSHA’s compliance assistance resources and for free help on complying with OSHA standards.

    MIL OSI USA News –

  • MIL-OSI Europe: Written question – EU subsidy for South African winegrowing: more unacceptable mismanagement given the crisis in the European wine sector – E-002668/2025

    Source: European Parliament

    Question for written answer  E-002668/2025
    to the Commission
    Rule 144
    Jordan Bardella (PfE)

    The EU wine industry is facing a major crisis, with falling consumption, global competition and the potential closure of its main export markets. It is therefore beyond comprehension that the EU has decided to prop up the South African wine sector to the tune of EUR 15 million. Taken without any consultation of EU stakeholders, this decision shows complete disregard for the legitimate demands of European wine producers, who have for months been calling for concrete and urgent support.

    Financing the development of direct competitors, while refusing to allocate additional resources to Europe’s producers, is not only unfair, but also undermines the economic and cultural sovereignty of our wine heritage. With Europe refusing to adopt appropriate financial measures, this aid to South Africa is highly inflammatory.

    Does the Commission intend to suspend this aid and immediately boost the financial support measures for the EU’s crisis-hit wine industry?

    Submitted: 1.7.2025

    Last updated: 8 July 2025

    MIL OSI Europe News –

  • MIL-OSI: UPDATE – KingsRock Advisors Announces Dr. Josef Ackermann as Chairman of New Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    – This Strengthens KingsRock’s Business Across Geographies and Industries

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board chaired by Dr. Josef Ackermann, previously the long-term CEO of Deutsche Bank. Furthermore, the firm announced a series of new Senior Hires, additional Senior Advisors, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business across industries, geographies, and capital structures.

    We are pleased to welcome Dr. Josef Ackermann as Chairman and the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker New York, CEO SICM,  former CEO of Deutsche Asset Management
    Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
       

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus New York, former BNP and Raymond James
    John Doyamis New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve Amsterdam, former ING, Citi and MS
    Rony Jawhar Dubai, former Arqaam and Deutsche Bank
    Bray Kelly New York, former JBK Capital and UBS
    Joe Lovrics Madrid, former Societe General, Citi, and BNP
    Bill Miller New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus Madrid, former Deutsche Bank 
    Laurent Quelin London, former Chenavari, and CS
    Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios Madrid, former Santander, S&P and Lehman
    Mike Turnbull London, former StormHarbour, BAML and MS
    Andrew Whittaker New York, Lazard, GSAM and Lehman 
       

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network –

  • MIL-OSI: UPDATE – KingsRock Advisors Announces Dr. Josef Ackermann as Chairman of New Advisory Board, Additional Senior Hires and Senior Advisors, and Inaugural Capital Raise

    Source: GlobeNewswire (MIL-OSI)

    – This Strengthens KingsRock’s Business Across Geographies and Industries

    NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board chaired by Dr. Josef Ackermann, previously the long-term CEO of Deutsche Bank. Furthermore, the firm announced a series of new Senior Hires, additional Senior Advisors, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business across industries, geographies, and capital structures.

    We are pleased to welcome Dr. Josef Ackermann as Chairman and the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:

    Dr. Josef Ackermann Zurich, former Chairman of the Management Board, Deutsche Bank
    Fred Brettschneider New York, former Head of Deutsche Bank Global Markets Americas
    Yassine Bouhara Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
    Kevin Parker New York, CEO SICM,  former CEO of Deutsche Asset Management
    Bernardo Parnes Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
    Jon Vaccaro Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
    Seth Waugh Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
       

    We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently in the US and EMEA as Managing Directors, with further expansion planned:

    David Barcus New York, former BNP and Raymond James
    John Doyamis New York, former EBG, and Bear Stearns
    Leo-Hendrik Greve Amsterdam, former ING, Citi and MS
    Rony Jawhar Dubai, former Arqaam and Deutsche Bank
    Bray Kelly New York, former JBK Capital and UBS
    Joe Lovrics Madrid, former Societe General, Citi, and BNP
    Bill Miller New York, Commerce Street, TPG Sixth Street, Citi
    Hans Narberhaus Madrid, former Deutsche Bank 
    Laurent Quelin London, former Chenavari, and CS
    Francois-Louise Ricard Paris, former Groupe Caisse des Depots, MS and SG
    Jorge de los Rios Madrid, former Santander, S&P and Lehman
    Mike Turnbull London, former StormHarbour, BAML and MS
    Andrew Whittaker New York, Lazard, GSAM and Lehman 
       

    In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.

    We also welcome George Parker, New York, as Senior Advisor for Operations.

    This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.

    Expansion of our Global Network of Senior Advisors

    We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.

    This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.

    We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.

    “We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.

    KingsRock has already announced and closed several significant transactions in 2025. Angel Oak’s recently announced sale to Brookfield, where KingsRock Advisors served as the Exclusive Financial Advisor to Angel Oak, is indeed a landmark transaction. On April 1st, 2025, Brookfield Asset Management and Angel Oak to Entered into Strategic Partnership. KingsRock Securities LLC, a wholly owned subsidiary of KingsRock Advisors LLC, acted as Exclusive Financial Advisor to Angel Oak Companies.

    About KingsRock:

    KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.

    Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.

    KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.

    Disclaimer:

    Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.

    KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.

    KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).

    This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.

    The MIL Network –

  • MIL-OSI Security: Federal Grand Jury Indicts Four in Sex Trafficking Ring

    Source: United States Department of Justice (Human Trafficking)

    CHARLESTON, S.C. — A federal grand jury in Columbia returned a 15-count indictment against four from the Charleston area in connection with sex trafficking. The charges stem from an investigation by Homeland Security Investigations and Charleston Police Department that uncovered sex trafficking, money laundering, conspiracy offenses, and related charges.

    The individuals charged include:

    • Johnathan Dais, 33, of Charleston, for conspiracy to commit sex trafficking; sex trafficking by force, fraud or coercion; attempted sex trafficking of a child; use of a facility of interstate commerce to promote an unlawful activity; false statements; conspiracy to commit money laundering; and money laundering.
    • Calvin Wolfe, 54, of Charleston, for conspiracy to commit sex trafficking and sex trafficking by force, fraud, or coercion.
    • Rose Stoner a/k/a Rose Wolfe, 50, of Charleston, for conspiracy to commit sex trafficking and sex trafficking by force, fraud, or coercion.
    • Alexis McInnis, 20, of Charleston, for use of a facility of interstate commerce to promote an unlawful activity; false statements; and conspiracy to commit money laundering.

    The indictment alleges that between 2016 and 2025, Dais, and at times his co-conspirators, Wolfe and Stoner a/k/a Wolfe, recruited, enticed, harbored, transported, …. And sex trafficked at least five victims by force, fraud, or coercion, including one minor victim. The indictment also alleges Dais and McInnis used facilities of interstate commerce to promote prostitution activity, and that they each made false statements to law enforcement during the investigation. Dais and McInnis are also charged with laundering the funds derived from such unlawful activities.

    Sex trafficking carries a maximum penalty of life in prison and money laundering carries a maximum penalty of 20 years in prison.

    Johnathan Dais, Calvin Wolfe, and Rose Stoner a/k/a Wolfe are currently detained pending trial, and Alexis McInnis was granted a $5,000 unsecured bond on July 7 by the Honorable Molly Cherry.

    Authorities with Homeland Security Investigations and the Charleston Police Department are seeking information that may help identify additional victims exploited by these individuals. If you, or someone you know, was a victim, please provide a name and contact information to the following email address, with subject line referencing Johnathan Dais: Charleston_ExploitationTips@hsi.dhs.gov.

    The case was investigated by Homeland Security Investigations and the Charleston Police Department.  Assistant U.S. Attorney Katherine Orville is prosecuting the case.

    All charges in the indictment are merely accusations and defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

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    MIL Security OSI –

  • MIL-OSI Security: Justice Catches Up With Suspected Maryland Murderer in Auburn, Maine

    Source: US Marshals Service

    Portland, ME – The U.S. Marshals Service (USMS) in Maine, announce the arrest of Ja’bril Roynell Walters, 31, in Auburn, ME for first-degree murder, second-degree murder, use of a firearm in commission of a violent crime, and 5 counts of first degree assault. All warrants were issued out of the State of Maryland.

    The USMS led, Maine Violent Offender Task Force (MVOTF), received a collateral lead from the USMS Capital Area Regional Fugitive Task Force (CARFTF) in Maryland. They believed Walters had fled to Maine and maybe be hiding under an alias. Walters had been wanted since July of 2024.

    Task Force members, through thorough investigative efforts, which spanned the towns of Durham, Lewiston, and Auburn, developed significant information which led investigators to a residence in Auburn, ME. Task Force members were able to identify Walters inside a house and safely apprehend him without incident.

    Walters was charged as a Fugitive from Justice, pending his extradition back to Maryland.

    The District of Maine’s, Chief Deputy U.S. Marshal, Josh Taylor said, “The Maine Violent Offender Task Force will go to unlimited lengths to bring dangerous fugitives to justice in order to keep communities in Maine safe.” The USMS MVOTF was also assisted by the Lewiston Police Department.

    The USMS, Maine Violent Offender Task Force is comprised of members of the U.S. Marshals Service, Maine Department of Corrections, Biddeford Police Department, U.S. Border Patrol, U.S. Immigration and Customs Enforcement, Maine National Guard Counterdrug Task Force, and the Coast Guard Investigative Service.

    If you have any information regarding the whereabouts of any state or federal fugitive, please contact the United States Marshals Service, District of Maine at MED.TIPLINE@usdoj.gov.

    MIL Security OSI –

  • MIL-OSI Security: Justice Catches Up With Suspected Maryland Murderer in Auburn, Maine

    Source: US Marshals Service

    Portland, ME – The U.S. Marshals Service (USMS) in Maine, announce the arrest of Ja’bril Roynell Walters, 31, in Auburn, ME for first-degree murder, second-degree murder, use of a firearm in commission of a violent crime, and 5 counts of first degree assault. All warrants were issued out of the State of Maryland.

    The USMS led, Maine Violent Offender Task Force (MVOTF), received a collateral lead from the USMS Capital Area Regional Fugitive Task Force (CARFTF) in Maryland. They believed Walters had fled to Maine and maybe be hiding under an alias. Walters had been wanted since July of 2024.

    Task Force members, through thorough investigative efforts, which spanned the towns of Durham, Lewiston, and Auburn, developed significant information which led investigators to a residence in Auburn, ME. Task Force members were able to identify Walters inside a house and safely apprehend him without incident.

    Walters was charged as a Fugitive from Justice, pending his extradition back to Maryland.

    The District of Maine’s, Chief Deputy U.S. Marshal, Josh Taylor said, “The Maine Violent Offender Task Force will go to unlimited lengths to bring dangerous fugitives to justice in order to keep communities in Maine safe.” The USMS MVOTF was also assisted by the Lewiston Police Department.

    The USMS, Maine Violent Offender Task Force is comprised of members of the U.S. Marshals Service, Maine Department of Corrections, Biddeford Police Department, U.S. Border Patrol, U.S. Immigration and Customs Enforcement, Maine National Guard Counterdrug Task Force, and the Coast Guard Investigative Service.

    If you have any information regarding the whereabouts of any state or federal fugitive, please contact the United States Marshals Service, District of Maine at MED.TIPLINE@usdoj.gov.

    MIL Security OSI –