Category: Finance

MIL-OSI USA: Two California Residents Plead Guilty in Connection with $16M Hospice Fraud Scheme and Money Laundering Scheme

Source: US State Government of Utah

Two California residents pleaded guilty yesterday in connection with their roles in defrauding Medicare of nearly $16 million through sham hospice companies and to laundering the proceeds of the fraud as part of a multi-year scheme.

According to court documents, Karpis Srapyan, 35, of Winnetka, California, conspired with others, including co-defendants Petros Fichidzhyan and Juan Carlos Esparza, to bill Medicare for hospice services that were not medically necessary and never provided. To conduct their fraudulent scheme, they used a series of four sham hospice companies: one owned by Esparza and the other three owned by foreign nationals but controlled by the defendants. Srapyan and his co-defendants concealed the scheme by using foreign nationals’ personal identifying information to open bank accounts, submit information to Medicare, and sign property leases. They also misappropriated names and other identifying information of several doctors, two of whom were deceased, to fraudulently bill Medicare for purported hospice services. In total, Medicare paid the fake hospice companies nearly $16 million.

Fichidzhyan, Esparza, and Srapyan worked with others to launder the fraudulent proceeds from their hospice scheme. Susanna Harutyunyan, 39, of Winnetka, was aware that her husband and co-defendant Mihran Panosyan was involved in illegal activity with Srapyan and Fichidzhyan. As part of the money laundering scheme, Harutyunyan and her co-defendants maintained fraudulent identification documents, bank documents, checkbooks, and credit and debit cards in the names of purported foreign owners in the residence where she and Panosyan lived and another residence that was owned in her name. Srapyan conducted dozens of financial transactions, totaling approximately $3.2 million, moving funds between accounts in the names of the sham hospice companies, accounts in the names of foreign nationals that were controlled by the defendants, and other accounts involved in the money laundering scheme. Harutyunyan knowingly spent fraudulent proceeds on personal expenses, including payments for a BMW automobile.

Srapyan pleaded guilty to conspiracy to commit health care fraud and money laundering and is scheduled to be sentenced on Oct. 6. He faces a maximum penalty of 20 years in prison. Harutyunyan pleaded guilty to money laundering and is scheduled to be sentenced on Nov. 17; she faces a maximum penalty of 10 years in prison. A federal district court judge will determine their sentences after considering the U.S. Sentencing Guidelines and other statutory factors. Harutyunyan faces deportation.

Co-defendant Petros Fichidzhyan previously pleaded guilty to health care fraud, aggravated identity theft, and money laundering. In May, Fichidzhyan was sentenced to 12 years in prison. Co-defendant Mihran Panosyan pleaded guilty to money laundering in June and is scheduled to be sentenced Sept. 8. Co-defendant Juan Carlos Esparza’s change of plea hearing is scheduled for July 14.

The guilty pleas today are the most recent convictions in the Justice Department’s ongoing effort to combat hospice fraud in the greater Los Angeles area. Last year, a doctor was convicted at trial for his role in a scheme to bill Medicare for hospice services patients did not need, and two other defendants were sentenced for their roles in a hospice fraud scheme.

Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, Assistant Director in Charge Akil Davis of the FBI Los Angeles Field Office, and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG) made the announcement.

The FBI and HHS-OIG are investigating the case.

Trial Attorneys Michael Bacharach, Sarah E. Edwards, and Allison L. McGuire of the Criminal Division’s Fraud Section are prosecuting the case, and Assistant U.S. Attorney Tara B. Vavere for the Central District of California is handling asset forfeiture.

The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

MIL OSI USA News –

July 9, 2025
MIL-OSI Security: Two California Residents Plead Guilty in Connection with $16M Hospice Fraud Scheme and Money Laundering Scheme

Source: United States Attorneys General

Two California residents pleaded guilty yesterday in connection with their roles in defrauding Medicare of nearly $16 million through sham hospice companies and to laundering the proceeds of the fraud as part of a multi-year scheme.

According to court documents, Karpis Srapyan, 35, of Winnetka, California, conspired with others, including co-defendants Petros Fichidzhyan and Juan Carlos Esparza, to bill Medicare for hospice services that were not medically necessary and never provided. To conduct their fraudulent scheme, they used a series of four sham hospice companies: one owned by Esparza and the other three owned by foreign nationals but controlled by the defendants. Srapyan and his co-defendants concealed the scheme by using foreign nationals’ personal identifying information to open bank accounts, submit information to Medicare, and sign property leases. They also misappropriated names and other identifying information of several doctors, two of whom were deceased, to fraudulently bill Medicare for purported hospice services. In total, Medicare paid the fake hospice companies nearly $16 million.

Fichidzhyan, Esparza, and Srapyan worked with others to launder the fraudulent proceeds from their hospice scheme. Susanna Harutyunyan, 39, of Winnetka, was aware that her husband and co-defendant Mihran Panosyan was involved in illegal activity with Srapyan and Fichidzhyan. As part of the money laundering scheme, Harutyunyan and her co-defendants maintained fraudulent identification documents, bank documents, checkbooks, and credit and debit cards in the names of purported foreign owners in the residence where she and Panosyan lived and another residence that was owned in her name. Srapyan conducted dozens of financial transactions, totaling approximately $3.2 million, moving funds between accounts in the names of the sham hospice companies, accounts in the names of foreign nationals that were controlled by the defendants, and other accounts involved in the money laundering scheme. Harutyunyan knowingly spent fraudulent proceeds on personal expenses, including payments for a BMW automobile.

Srapyan pleaded guilty to conspiracy to commit health care fraud and money laundering and is scheduled to be sentenced on Oct. 6. He faces a maximum penalty of 20 years in prison. Harutyunyan pleaded guilty to money laundering and is scheduled to be sentenced on Nov. 17; she faces a maximum penalty of 10 years in prison. A federal district court judge will determine their sentences after considering the U.S. Sentencing Guidelines and other statutory factors. Harutyunyan faces deportation.

Co-defendant Petros Fichidzhyan previously pleaded guilty to health care fraud, aggravated identity theft, and money laundering. In May, Fichidzhyan was sentenced to 12 years in prison. Co-defendant Mihran Panosyan pleaded guilty to money laundering in June and is scheduled to be sentenced Sept. 8. Co-defendant Juan Carlos Esparza’s change of plea hearing is scheduled for July 14.

The guilty pleas today are the most recent convictions in the Justice Department’s ongoing effort to combat hospice fraud in the greater Los Angeles area. Last year, a doctor was convicted at trial for his role in a scheme to bill Medicare for hospice services patients did not need, and two other defendants were sentenced for their roles in a hospice fraud scheme.

Matthew R. Galeotti, Head of the Justice Department’s Criminal Division, Assistant Director in Charge Akil Davis of the FBI Los Angeles Field Office, and Deputy Inspector General for Investigations Christian J. Schrank of the U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG) made the announcement.

The FBI and HHS-OIG are investigating the case.

Trial Attorneys Michael Bacharach, Sarah E. Edwards, and Allison L. McGuire of the Criminal Division’s Fraud Section are prosecuting the case, and Assistant U.S. Attorney Tara B. Vavere for the Central District of California is handling asset forfeiture.

The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of 9 strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

MIL Security OSI –

July 9, 2025
MIL-OSI: Bell Wealth Partners Launches with Support of LPL Strategic Wealth Services

Source: GlobeNewswire (MIL-OSI)

SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that father and son financial advisors Robert Bell, II, AIF®, and Keegan Bell, AIF®, AAMS®, have launched a new independent practice, Bell Wealth Partners, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. The team reported serving approximately $450 million in advisory, brokerage and retirement plan assets* and joins LPL from Raymond James.

Headquartered in Fairbanks, Alaska with an additional office in Medford, Ore., the ensemble practice has developed a strong reputation over the years for providing holistic experiences and personalized services to address each aspect of a client’s financial life. The Bells are managing partners of the firm and are joined by fellow advisor Tom Cook and client associates Renee Schoettle, Margarita Duran-Espino, Jamie Walker and Kirsten Bell, Robert’s wife.

“We are all deeply invested in helping our clients work toward their financial goals,” Robert said. “We take the time to get to know each client on a personal level to better understand their financial aspirations, and we work with their accountants and attorneys to create a customized plan that is right for them. It’s our goal to help clients have happy, fulfilled lives, and we consider it our privilege and responsibility to help them with that.”

Why they made the move to LPL Financial

The transition to LPL Financial is underpinned by the team’s aspiration to augment client experiences and cater to the next generation of wealth.

“We’re moving to LPL so we can add more value to the client experience as we seek new ways to go above and beyond,” Keegan said. “We want to be a one-stop shop—a center to help with a clients’ entire financial situation. This move allows us to really increase that value add and better take care of them, not just for them but for the next generation of wealth and the transfer to their beneficiaries.”

The team was drawn to LPL’s comprehensive supported independence solution, LPL Strategic Wealth Services (SW), which combines the freedom and flexibility of entrepreneurship with hands-on business services and support to help practices thrive, both operationally and strategically. In addition to having access to LPL’s innovative wealth management platform and sophisticated resources, SW advisors benefit from a truly integrated service that includes simplified pricing, technology and dedicated support to launch their practice. Then, after the transition is complete, SW teams receive ongoing operations support managed by their team of experienced professionals including a business strategist, marketing partner, CFO and administrative assistant. Advisors have one point of contact, a dedicated team and priority access to advocacy and project management for complex business issues, ultimately allowing them to stay focused on the enduring needs of their clients and the culture and evolution of their practice.

“Strategic Wealth Services was truly a differentiating factor in our decision to move,” Robert said. “We are joining a very niche group at LPL, which allows us to collaborate with others in the model and access a team of specialists, including high-net-worth and trust consultants. This move enables us to add an extra layer of planning and ensure we’re not just taking care of clients now, but their beneficiaries as well.”

Scott Posner, LPL Managing Director, Business Development, said, “We welcome Robert, Keegan, Tom, Renee, Margarita, Jamie and Kirsten to the LPL community and congratulate them on going independent with LPL Strategic Wealth. Just as the Bell Wealth Partners team is committed to helping their clients work toward their fiscal goals, LPL provides advisors with innovative technology and sophisticated capabilities to help them provide an elevated client experience. We look forward to supporting Bell Wealth Partners for years to come.”

Related

Advisors, learn how LPL Financial can help take your business to the next level.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial. Bell Wealth Partners and LPL are separate entities.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

*Value approximated based on asset and holding details provided to LPL from end of year, 2024.

Media Contact:
Media.relations@LPLFinancial.com

Tracking #760446

The MIL Network –

July 9, 2025
MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies
Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech^®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).

Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”

Oncolytics Biotech^®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies
- Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
- Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
- Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile
— Oncolytics Biotech ^® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.

“We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”

Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…

…Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.

“Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED… Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/

Other recent oncology developments in the biotech industry of note include:

Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.

Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.

“The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”

Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.

“We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”

AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).

The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.

In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.

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SOURCE: FN Media Group

The MIL Network –
July 9, 2025
MIL-OSI: Global Oncology Breakthroughs Being Fueled by Advancements in Clinical Trials and New Therapies
Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The global oncology market, including breakthrough treatments, is experiencing substantial growth, with revenues projected to reach hundreds of billions of dollars in the coming years. Several factors are driving this expansion, including rising cancer incidence, advancements in therapies like precision medicine and immunotherapy, and increased investment in research and development. A report from Grand View Research said that the global breakthrough therapy designation market size is projected to grow at a CAGR of 14.2% through 2030. It is a process designed to escalate the development and assessment of sanctioning of drugs & biologics that are proposed for treating severe diseases, whereas primary clinical evidence notifies that the drug determines considerable enhancement over existing therapy on a clinically significant endpoint. Furthermore, the BT (Breakthrough) designation lets pharma companies hasten the developmental process by offering additional support and assistance from the FDA and making medications available to the public faster. The report continued: “Apart from breakthrough designation therapy, there are some important tools, all of which have been in place for many years, such as fast-track designation, accelerated approval, and priority review. All of these are inclined toward approving drugs used to treat serious disorders. Although these processes can reduce a drug’s time to market, standard clinical testing is required for the development process, which usually involves three phases of large-scale and controlled trials.” Active oncology biotech and pharma companies in the markets this week include Oncolytics Biotech^®Inc. (NASDAQ: ONCY) (TSX: ONC), Mustang Bio, Inc. (NASDAQ: MBIO), Verastem Oncology (NASDAQ: VSTM), Cardiff Oncology, Inc. (NASDAQ: CRDF), AstraZeneca PLC (NASDAQ: AZN).

Grand View Research continued: “The increasing prevalence of life-threatening conditions and the necessity for the rapid development of pipeline drugs are also some factors that propel the breakthrough therapy drug market. This is primarily driven by the significant unmet need for effective treatments for severe conditions currently available. Manufacturing companies are particularly attentive to drugs designated as breakthrough therapies due to the accelerated market access and higher returns on investment. Breakthrough therapy drugs often undergo less extensive clinical trials, which is a direct consequence of their market designation. The FDA’s enhanced support for small-scale industries in research and development, including increased funding and expedited drug approval processes, is further stimulating the market for breakthrough therapy drugs. Collectively, these elements are pushing the breakthrough therapy drug market forward. Further, innovative gene and cell therapies are offering new treatment decisions for previously untreatable illnesses, mainly drifting to more breakthrough therapy designations. Moreover, the regulatory support agencies are streamlining processes and offering assistance for breakthrough therapies to speed up their development and sanction. Another aspect leading the breakthrough therapy designations is the cross-sector collaborations between academic institutions, pharmaceutical companies, and research institutes that are lifting the upgradation and the advancement of new breakthrough therapies completely.”

Oncolytics Biotech^®Inc. (NASDAQ: ONCY) (TSX: ONC) Highlights Transformative Pelareorep Survival Data in Multiple Tumors and Commitment to Registration-Enabling Studies
- Comparison with multiple landmark first-line metastatic pancreatic ductal adenocarcinoma studies substantiates strong two-year survival benefit of 21.9% vs. 9.2% historical benchmark
- Consistent survival benefit compared to standard-of-care chemotherapy in randomized studies in the large HR+/HER2- metastatic breast cancer indication
- Data from over 1,100 patients across tumor types reveals a favorable, well-understood safety profile
— Oncolytics Biotech ^® Inc. ($ONCY $ONC), a leading clinical-stage company specializing in immunotherapy for oncology, today announced a strategic update highlighting its compelling clinical data from two tumor types and outlining a sharpened focus on advancing pelareorep, the Company’s intravenously delivered oncolytic virus immunotherapy, into registration-enabling studies.

“We are no longer in the business of funding proof-of-concept studies,” said Jared Kelly, Chief Executive Officer of Oncolytics. “We have meaningful clinical data in hand—not just signals. The survival benefit across multiple tumor types demands a focused approach to take pelareorep directly into registration-enabling trials. We will use our fast-track status to find the most efficient regulatory path forward this summer to advance our platform in a product technology.”

Results from two completed first-line metastatic pancreatic ductal adenocarcinoma (mPDAC) trials demonstrate a strong and consistent efficacy signal showing extremely rare 2-year overall survival rates of 21.9% vs. 9.2% based on pooled data from over 100 patients across two studies evaluating pelareorep combined with a chemotherapy backbone. In addition, a best-in-class 62% objective response rate (ORR) was observed in a single-arm study of pelareorep in combination with a chemotherapy backbone and a checkpoint inhibitor in 13 evaluable patients. These results collectively represent promising efficacy for a therapeutic regimen that includes an immunotherapy in this difficult-to-treat cancer. Currently, there are no approved immunotherapies for first-line treatment of mPDAC…

…Pelareorep’s clinical activity in HR+/HER2- metastatic breast cancer – a large indication with continued significant unmet medical need and no currently approved immunotherapies – has been demonstrated in two randomized phase 2 studies, both of which showed a median overall survival (mOS) benefit of greater than 10 months compared to standard-of-care chemotherapy (IND.213 mOS: 21.0 vs. 10.8 months; BRACELET-1 mOS: not statistically reached; conservative estimate = 32.1 months vs. 18.2 months). In the randomized, controlled BRACELET-1 study, pelareorep combined with paclitaxel yielded a 12.1-month median progression-free survival (PFS) compared to 6.4 months in the paclitaxel alone control arm.

“Pelareorep represents a tipping point for immunotherapy in cold tumors,” said Dr. Thomas Heineman, Chief Medical Officer of Oncolytics. “It is delivering consistent immunologic and clinical responses in multiple tumor types. Most impressively, pelareorep activates the immune system to produce clinical benefits in cancers that are typically unresponsive to immunotherapies like mPDAC and unresectable HR+/HER2- breast cancer, creating new oncology entry points for immune-based combination therapies.” CONTINUED… Read these full press releases and more news for ONCY at: https://www.financialnewsmedia.com/news-oncy/

Other recent oncology developments in the biotech industry of note include:

Mustang Bio, Inc. (NASDAQ: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell therapies into potential cures for difficult-to-treat cancers, recently announced that the U.S. Food and Drug Administration (“FDA”) has granted Orphan Drug Designation to Mustang for MB-101 (IL13Ra2-targeted CAR T-cells) for the treatment of recurrent diffuse and anaplastic astrocytoma (astrocytomas) and glioblastoma (GBM).

The FDA grants Orphan Drug Designation to drugs and biologics that are intended for safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides certain incentives, such as tax credits toward the cost of clinical trials upon approval and prescription drug user fee waivers. If a product receives Orphan Drug Status from the FDA, that product is entitled to seven years of market exclusivity for the disease in which it has Orphan Drug designation, which is independent from intellectual property protection.

Verastem Oncology (NASDAQ: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with RAS/MAPK pathway-driven cancers, recently announced that updated results from the Phase 1/2 FRAME study conducted by The Institute of Cancer Research, London, and The Royal Marsden NHS Foundation Trust were published online in Nature Medicine. The full manuscript, titled “Defactinib with avutometinib in patients with solid tumors: the phase 1 FRAME trial,” was the first-in-human study to evaluate the safety, tolerability, and efficacy of avutometinib in combination with defactinib in patients with low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), and other solid tumor types.

“The FRAME study was the early foundation for the recent FDA approval of avutometinib plus defactinib in KRAS-mutated recurrent low-grade serous ovarian cancer and we are pleased to see that the mature data set continues to show the safety and tolerability of this combination therapy,” said Dan Paterson, president and chief executive officer of Verastem Oncology. “This supports our ongoing commitment to advancing our research into the combination for use in other solid tumors, including RAMP 205 in first-line metastatic pancreatic cancer.”

Cardiff Oncology, Inc. (NASDAQ: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, recently announced the company has appointed Roger Sidhu, MD, as Chief Medical Officer. Dr. Sidhu is a veteran executive and clinician with over 20 years of experience and a strong track record of success in oncology research, development, and regulatory strategy. Dr. Sidhu succeeds Dr. Fairooz Kabbinavar who will remain with the company in an advisory role. The company also announced it will share additional clinical data from its lead program in RAS-mutated mCRC on July 29, 2025.

“We are pleased to welcome Dr. Sidhu to lead the clinical program for onvansertib through the next phase of development. Dr. Sidhu is a respected clinician and seasoned executive with a proven track record of advancing innovative therapies through late-stage clinical development across multiple therapeutic areas including in first-line mCRC. As we move forward, we thank Dr. Kabbinavar for his leadership in progressing onvansertib’s clinical development across multiple tumor types,” said Mark Erlander, Chief Executive Officer of Cardiff Oncology. “In addition to today’s medical leadership transition, we are announcing our plan to share an update of clinical data from the ongoing CRDF-004 trial on July 29, at which point we expect to release a substantive dataset.”

AstraZeneca PLC (NASDAQ: AZN)‘s Imfinzi (durvalumab) has been approved in the European Union (EU) for the treatment of adult patients with resectable muscle-invasive bladder cancer (MIBC) in combination with gemcitabine and cisplatin as neoadjuvant treatment, followed by Imfinzi as monotherapy adjuvant treatment after radical cystectomy (surgery to remove the bladder).

The approval by the European Commission follows the positive opinion of the Committee for Medicinal Products for Human Use and is based on results from the NIAGARA Phase III trial, which were published in The New England Journal of Medicine.

In a planned interim analysis, the Imfinzi-based perioperative regimen demonstrated a statistically significant 32% reduction in the risk of disease progression, recurrence, not undergoing surgery, or death versus neoadjuvant chemotherapy with radical cystectomy alone (based on event-free survival [EFS] hazard ratio [HR] of 0.68; 95% confidence interval [CI] 0.56-0.82; p<0.0001). Estimated median EFS was not yet reached for the Imfinzi arm versus 46.1 months for the comparator arm. An estimated 67.8% of patients treated with the regimen were event free at two years compared to 59.8% in the comparator arm.

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SOURCE: FN Media Group

The MIL Network –
July 9, 2025
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

Source: GlobeNewswire (MIL-OSI)

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

About Primech Holdings Limited

Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Company Contact:
Email: ir@primech.com.sg

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

The MIL Network –

July 9, 2025
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

Source: GlobeNewswire (MIL-OSI)

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

About Primech Holdings Limited

Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Company Contact:
Email: ir@primech.com.sg

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

The MIL Network –

July 9, 2025
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

Source: GlobeNewswire (MIL-OSI)

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

About Primech Holdings Limited

Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Company Contact:
Email: ir@primech.com.sg

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

The MIL Network –

July 9, 2025
MIL-OSI: Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million

Source: GlobeNewswire (MIL-OSI)

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in Singapore, today announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) providing comprehensive cleaning services at a renowned institution in Singapore.

This contract renewal, a significant revenue contribution for Primech Holdings’ award-winning facility services subsidiary, reinforces Primech A & P’s competitive positioning in Singapore’s institutional cleaning market. Primech A & P’s proven track record of delivering reliable, high-touch facilities services enabled the Company to retain major institutional clients and generate predictable, recurring revenue streams.

Ken Chang, Head of Operations at Primech A & P, stated, “This S$10.65 million contract extension validates our strategic focus on high-value institutional partnerships and demonstrates the strength of our service delivery model. The client’s decision to renew for an additional two years provides us with strong revenue visibility and reflects our ability to exceed performance expectations consistently. Primech A & P is a trusted partner in Singapore’s premium facility services market, and contract wins such as this support our continued growth trajectory.”

About Primech Holdings Limited

Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Company Contact:
Email: ir@primech.com.sg

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

The MIL Network –

July 9, 2025

MIL-OSI: BlockchainCloudMining Launches New Short-Term Contracts to Help Investors Capitalize on Crypto Market Volatility

Source: GlobeNewswire (MIL-OSI)

Miami, Florida, July 08, 2025 (GLOBE NEWSWIRE) — In response to a crypto market navigating a complex new cycle, BlockchainCloudMining, a leading global cloud mining platform, today announced the launch of a new suite of short-term, high-yield mining contracts. The new offerings are specifically designed to provide investors with a stable and predictable way to generate returns from their crypto assets amidst ongoing market volatility.

The move comes as investors are shifting from speculative trading to more sustainable, long-term strategies. By offering contracts with fixed returns and short durations, BlockchainCloudMining aims to provide a low-risk channel for individuals to put their idle crypto assets to work. To encourage trial, the company is offering an instant $12 bonus to all new users upon registration.

“Investors are moving beyond speculation and are now seeking sustainable value from their digital assets,” said the spokesperson for BlockchainCloudMining. “Our new short-term contracts are a direct answer to this demand. We are providing a transparent, low-risk channel for individuals to earn daily returns without the need for hardware or exposure to extreme market sentiment.”

The new contracts are available immediately and offer several key advantages:

High Profitability: Designed for strong, predictable returns with dividends paid within 24 hours.
No Hidden Fees: The platform charges no management or service fees on its contracts.

Multi-Currency Support: Accepts deposits and pays out in over nine popular cryptocurrencies, including BTC, ETH, DOGE, SOL, USDC, USDT, XRP, LTC, and BCH.
- Robust Security: The platform is protected by McAfee® and Cloudflare®, ensuring secure transactions and data protection with a 100% uptime guarantee.
- Referral Program: A generous affiliate program allows users to earn up to $50,000 in referral bonuses.

The new contract tiers launched today include:

Contract Plan	Investment		Duration	Total Payout
WhatsMiner M66S	$	100	2 Days	$	106
WhatsMiner M60	$	500	7 Days	$	545.50
Bitcoin Miner S21+	$	1,000	14 Days	$	1,196
ALPH Miner AL1	$	3,000	20 Days	$	3,900
ANTSPACE HK3	$	10,000	35 Days	$	15,950
Full Details on Site	$	33,000	40 Days	$	59,400

Users can register for an account with an email address and purchase a contract to begin mining immediately. Payouts are delivered daily and can be withdrawn to a personal crypto wallet or reinvested into new contracts blockchian to compound returns.

About BlockchainCloudMining:

BlockchainCloudMining is a premier global platform for cryptocurrency cloud mining. The company provides a secure and transparent way for users to mine cryptocurrencies like Bitcoin, Dogecoin, and Litecoin through a global network of green energy-powered data centers. With a commitment to security and a 100% uptime guarantee, the platform helps investors worldwide convert idle assets into a continuous income stream.

For more information or to register for an account, please visit the official website – https://blockchaincloudmining.com/xml/index.html#/

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

The MIL Network –

July 9, 2025

MIL-OSI: Gevo to Participate in Virtual Fireside Chat

Source: GlobeNewswire (MIL-OSI)

ENGLEWOOD, Colo., July 08, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today that Leke Agiri, Gevo’s Chief Financial Officer, and Eric Frey, Gevo’s Vice President of Finance and Strategy, will participate in a virtual fireside chat on Wednesday, July 9, 2025 at 10:00am ET.

Investors and other persons interested in participating in the event must register using the link below.

Registration Link: https://www.renmarkfinancial.com/live-registration/renmark-virtual-non-deal-roadshow-nasdaq-gevo-LDnER-DQV-

About Gevo

Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

For more information, see www.gevo.com.

Media Contact
Heather Manuel
Vice President of Stakeholder Engagement & Partnerships
PR@gevo.com

Investor Contact
Eric Frey, PhD
Vice President of Finance and Strategy
IR@Gevo.com

The MIL Network –

July 9, 2025
MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations
Source: GlobeNewswire (MIL-OSI)

This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios

SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.

The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.

“Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”

Key Highlights from the Midyear Outlook 2025
- Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
- The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
- Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
- Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.
“There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”

Important Disclosures

Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.

The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

All indexes are unmanaged and cannot be invested into directly.

All performance referenced is historical and is not a guarantee of future results.

Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Media Contact:
Media.relations@LPLFinancial.com
(402) 740-2047

Tracking #: 763507

The MIL Network –
July 9, 2025
MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations
Source: GlobeNewswire (MIL-OSI)

This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios

SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.

The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.

“Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”

Key Highlights from the Midyear Outlook 2025
- Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
- The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
- Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
- Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.
“There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”

Important Disclosures

Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.

The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

All indexes are unmanaged and cannot be invested into directly.

All performance referenced is historical and is not a guarantee of future results.

Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

Media Contact:
Media.relations@LPLFinancial.com
(402) 740-2047

Tracking #: 763507

The MIL Network –
July 9, 2025
MIL-OSI: Satellogic Announces Inclusion in Russell 3000® Index

Source: GlobeNewswire (MIL-OSI)

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, today announced that it has been added as a member of the U.S. small-cap Russell 3000^® Index, effective after market close on June 27, 2025 as part of the 2025 Russell indexes constitution.

The Russell 3000^® Index is a comprehensive, market-capitalization-weighted index that measures the performance of the 3,000 largest U.S. public companies. Membership in this widely recognized index means automatic inclusion in either the large-cap Russell 1000^® Index or small-cap Russell 2000^® Index, as well as the appropriate growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Inclusion in the Russell 3000^® Index marks a significant milestone for Satellogic, aligning our capital markets presence with the company’s sustained growth and progress as a leader in the earth observation and satellite manufacturing industry. This addition is expected to enhance Satellogic’s visibility within the investment community, providing greater exposure to institutional investors and increasing liquidity for its shares. It further underscores Satellogic’s strong fundamentals and business performance, validating its vertically integrated approach to democratizing access to high-resolution Earth Observation data. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

“We are incredibly honored to join the Russell 3000 Index,” said Emiliano Kargieman, CEO & Co-Founder of Satellogic. “This inclusion is a testament to our team’s dedication, the robust performance of our scalable Earth Observation platform, and our commitment to delivering accessible and affordable insights to customers worldwide. We believe this will significantly increase our visibility among a broader base of institutional investors, supporting our continued growth and our mission to help solve some of the world’s most pressing challenges, from climate change to energy supply and national security. We look forward to this new chapter and the opportunities it presents for our shareholders.”

About Satellogic

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers. Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry. With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point. To learn more, please visit: http://www.satellogic.com

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

Contacts

Investor Relations:

Ryan Driver, VP of Strategy & Corporate Development

ryan.driver@Satellogic.com

Media Relations:

Satellogic

pr@Satellogic.com

The MIL Network –

July 9, 2025
MIL-OSI: Nokia Corporation – Managers’ transactions (Heard)

Source: GlobeNewswire (MIL-OSI)

Nokia Corporation
Managers’ transactions
8 July 2025 at 16:00 EEST

Nokia Corporation – Managers’ transactions (Heard)

Transaction notification under Article 19 of EU Market Abuse Regulation.
____________________________________________
Person subject to the notification requirement
Name: Heard, David
Position: Other senior manager

Issuer: Nokia Corporation
LEI: 549300A0JPRWG1KI7U06
Notification type: INITIAL NOTIFICATION
Reference number: 115765/5/4
____________________________________________

Transaction date: 2025-07-08
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009000681
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details
(1): Volume: 59430 Unit price: N/A

Aggregated transactions
(1): Volume: 59430 Volume weighted average price: N/A

About Nokia
At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

Inquiries:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of External Communications

Nokia
Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com

The MIL Network –

July 9, 2025
MIL-OSI Russia: Meeting of Mikhail Mishustin with Acting Governor of Sverdlovsk Region Denis Pasler

Translation. Region: Russian Federal

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

Issues of socio-economic development of the region were discussed.

Meeting of Mikhail Mishustin with the acting governor of the Sverdlovsk region Denis Pasler.

From the transcript:

M. Mishustin: Dear Denis Vladimirovich!

This week Yekaterinburg is hosting Innoprom, the leading exhibition of domestic industry. I would like to thank in your person everyone who worked hard and prepared, because this is a very important event for industries and for federal executive bodies. A lot of people, thousands, from all over the country have gathered here.

I would also like to wish you success in your work in your position. In March, the President appointed you acting. You worked as the Chairman of the Government here in the Sverdlovsk Region for many years before that. You led the Orenburg Region. I want you to succeed. Good luck to you in all your endeavors and endeavors.

Tell us what the general situation is in the economy today, what is happening with industry.

D. Pasler: Dear Mikhail Vladimirovich!

Thank you very much for your constant support of the Innoprom exhibition, for your personal presence. Of course, this is important for all industrialists. When you, Denis Valentinovich (Manturov), the leadership of the Ministry of Industry are at the exhibition, the most pressing issues are resolved. This is very important for us. Thank you very much again.

Regarding the economic situation. According to the results of five months, the growth of the industrial index is 102%, for shipped products – 108.9%. Investments, despite all the difficulties, sanctions, restrictions, are more than 104.5%. The construction market – we have a 3 million plan. According to the results of the first half of the year, we have fulfilled the plan, about 1.5 million have already been introduced.

To be continued…

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

MIL OSI Russia News –

July 9, 2025
MIL-OSI USA: ICE Buffalo investigation leads to arrest of Jamestown man charged with threatening to kill a Homeland Security agent
Source: US Immigration and Customs Enforcement

BUFFALO, N.Y. — An investigation by ICE Homeland Security Investigations Buffalo has resulted in the July 1 arrest of 43-year-old Matthew White. White, of Jamestown, New York, was charged by criminal complaint with communicating interstate threats for allegedly making social media posts threatening to kill ICE personnel. In one post, he allegedly threatened to target an individual’s children.

ICE HSI Buffalo Special Agent in Charge Erin Keegan and U.S. Attorney U.S. Attorney Michael DiGiacomo, of the Western District of New York, announced the charges.

“The defendant stands accused of making vile threats against officers and agents who risk their lives every day to uphold an oath they swore to protect the public — even those who wish them harm. There is no place in our community for such hate against any human beings, including and especially innocent children,” said Keegan. “Let it be known, HSI Buffalo is unflinchingly committed to finding and investigating any individuals who threaten, or who are intent on hurting, members of our law enforcement community.”

According to the investigation and outlined in the complaint:

On April 30, HSI Buffalo personnel learned that an X account, believed to be operated by White, was engaged in publicly posting threats to federal immigration agents and administrators employed by the Department of Homeland Security.

On June 4, White voluntarily spoke with investigators and allowed them to extract and copy the contents of his phone. Investigators recovered a number of threatening posts on X, including:
- On April 18, White posted, “Kill them all, ICE is the new age gestapo, stop them.”
- On April 29, White shared a video clip of Border Czar Tom Homan posted by an X user “America,” and commented, “Then understand that if your ICE agents don’t show proof of identity and a signed warrant, we will kill them.”
- In late April, White posted multiple threatening and violent public comments in response to coverage of several ICE arrest operations, including an ICE arrest operation inside a Virginia courthouse that occurred in April 2025. White posted, “I can’t wait to put a bullet into this guy’s brain, but first his children.”
White made an initial appearance on the afternoon of July 1 before U.S. Magistrate Judge Jeremiah J. McCarthy and was released on conditions.

The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.

MIL OSI USA News –
July 9, 2025
MIL-OSI USA: ICE Buffalo investigation leads to arrest of Jamestown man charged with threatening to kill a Homeland Security agent
Source: US Immigration and Customs Enforcement

BUFFALO, N.Y. — An investigation by ICE Homeland Security Investigations Buffalo has resulted in the July 1 arrest of 43-year-old Matthew White. White, of Jamestown, New York, was charged by criminal complaint with communicating interstate threats for allegedly making social media posts threatening to kill ICE personnel. In one post, he allegedly threatened to target an individual’s children.

ICE HSI Buffalo Special Agent in Charge Erin Keegan and U.S. Attorney U.S. Attorney Michael DiGiacomo, of the Western District of New York, announced the charges.

“The defendant stands accused of making vile threats against officers and agents who risk their lives every day to uphold an oath they swore to protect the public — even those who wish them harm. There is no place in our community for such hate against any human beings, including and especially innocent children,” said Keegan. “Let it be known, HSI Buffalo is unflinchingly committed to finding and investigating any individuals who threaten, or who are intent on hurting, members of our law enforcement community.”

According to the investigation and outlined in the complaint:

On April 30, HSI Buffalo personnel learned that an X account, believed to be operated by White, was engaged in publicly posting threats to federal immigration agents and administrators employed by the Department of Homeland Security.

On June 4, White voluntarily spoke with investigators and allowed them to extract and copy the contents of his phone. Investigators recovered a number of threatening posts on X, including:
- On April 18, White posted, “Kill them all, ICE is the new age gestapo, stop them.”
- On April 29, White shared a video clip of Border Czar Tom Homan posted by an X user “America,” and commented, “Then understand that if your ICE agents don’t show proof of identity and a signed warrant, we will kill them.”
- In late April, White posted multiple threatening and violent public comments in response to coverage of several ICE arrest operations, including an ICE arrest operation inside a Virginia courthouse that occurred in April 2025. White posted, “I can’t wait to put a bullet into this guy’s brain, but first his children.”
White made an initial appearance on the afternoon of July 1 before U.S. Magistrate Judge Jeremiah J. McCarthy and was released on conditions.

The fact that a defendant has been charged with a crime is merely an accusation and the defendant is presumed innocent until and unless proven guilty.

MIL OSI USA News –
July 9, 2025
MIL-OSI Europe: Over €3 billion from EU emissions trading revenues to be invested in cleaner energy systems

Source: European Union 2

The European Commission and the European Investment Bank will jointly support 34 energy-related projects in nine EU countries. Funded by revenues from the EU Emissions Trading System, the €3.66 billion investment will help modernise energy systems in the EU to cut greenhouse gas emissions.

MIL OSI Europe News –

July 9, 2025
MIL-OSI United Kingdom: Major boost for Sizewell C nuclear plan as French energy giant EDF confirms investment
Source: United Kingdom – Executive Government & Departments

Press release

Major boost for Sizewell C nuclear plan as French energy giant EDF confirms investment

Thousands of UK jobs will be created as French energy firm EDF confirms today it will take a 12.5% stake in Sizewell C – in a major boost for UK growth and energy security.
French company EDF confirms it will take a 12.5% stake in Sizewell C nuclear plant, supporting thousands of UK jobs and boosting UK’s energy security.

Follows £14.5 billion funding confirmed by UK government last month and takes Britain closer to ‘golden age’ of nuclear power.

Prime Minister Keir Starmer to welcome French President Emmanuel Macron to Downing Steet tomorrow to make progress on shared priorities and deliver for British people.

Thousands of UK jobs will be created as French energy firm EDF confirms today it will take a 12.5% stake in Sizewell C – in a major boost for UK growth and energy security.

EDF is the first shareholder to announce its backing for the nuclear plant alongside the UK government, who confirmed £14.2 billion of funding into the project in last month’s Spending Review.

Today’s announcement takes Sizewell C one step closer to being given the green light, when it will help to deliver the UK’s ‘golden age’ of nuclear and see clean power supplied to millions of homes.

Further investors and details on the project’s financing will be confirmed at the point of the Final Investment Decision, targeted for this summer.

Nuclear energy is crucial to a mixed power supply – providing a backbone of low-carbon power alongside renewables, which is the only way to bring down bills for good by ending the UK’s dependence on fossil fuel markets.

At peak construction, Sizewell C will support 10,000 jobs, and thousands more in the nationwide supply chain, and create 1,500 apprenticeships.

It comes as Prime Minister Keir Starmer welcomes French President Emmanuel Macron to the UK ahead of the UK-France Summit on Thursday, which will drive forward co-operation with one of our closest neighbours on shared priorities – energy, growth, defence and security, and migration.

Since taking office last year, the Prime Minister has been determined to bolster the UK’s position on the world stage and improve our relationship with our closest partners in order to deliver for the British people.

Today’s announcement marks another vote of confidence in that approach, cementing the UK as an increasingly attractive investment destination and a reliable partner.

Previous governments had shied away from making real progress on Sizewell C – leaving the UK exposed when Putin’s illegal invasion into Ukraine created major shocks in the international oil and gas market.

Prime Minister Keir Starmer said:

I’ve been clear there will be no more dithering and delay on Sizewell C – and this investment takes us a step closer to the benefits it will bring to the British people.

Lower energy bills, thousands more jobs and apprenticeships, and better energy security – this is not only a vote of confidence in the UK as an investment destination, it is our Plan for Change in action.

Chancellor of the Exchequer Rachel Reeves said:

This investment goes hand in hand with the £14.2 billion set aside at last month’s Spending Review to deliver the biggest nuclear building programme in a generation.

It is part of the new confidence we’re seeing in the UK as an investment destination and will create thousands of high-skilled, high-paid jobs to help deliver on our Plan for Change.

Energy Secretary Ed Miliband said:

Thousands of jobs and clean power for millions of homes are one step closer today as we welcome this investment into Sizewell C – delivering a golden age of new nuclear to protect family finances and boost energy security.

This agreement is a landmark moment in the UK and France’s long-standing partnership in civil nuclear, and a testament to our countries’ strong relationship.

In addition, Bpifrance, France’s export credit agency, is set to provide a £5 billion debt guarantee to the power station.

This supports lending to the project from a number of leading commercial banks and is enabled by Sizewell C’s innovative funding model that spreads costs between consumers, taxpayers and private investors. 

The UK Government will remain a significant shareholder in the project – ensuring we have oversight of the progress and limiting delays.

The government’s nuclear programme is now the most ambitious for a generation – once small modular reactors and Sizewell C come online in the 2030s, combined with Hinkley Point C, this will deliver more new nuclear power to the grid than over the previous half century combined.

In another important step forward for UK–France energy collaboration, UK company Urenco have signed a 15-year deal with EDF to produce fuel for nuclear power stations, helping to deliver clean power and enhanced energy security in Europe.

This multi-billion euro contract, with significant value for the UK, will support Urenco UK’s workforce of more than 1,400 people and support the company’s important contribution to UK economic growth, which represented more than £256 million in 2023.

French engineering company Assystem has also announced plans to double its nuclear workforce in the UK, creating 1,000 new engineering, digital and management jobs by 2030 across 10 UK sites, including in Sunderland, Blackburn, Derby, Bristol and London.

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Published 8 July 2025
MIL OSI United Kingdom –
July 9, 2025
MIL-OSI United Nations: Aid cuts threaten to roll back progress in ending maternal mortality

Source: United Nations MIL OSI b

Furthermore, unprecedented aid cuts are putting global progress to end maternal deaths at risk, UN agencies have warned in a new report that calls for greater investment in midwives and other health workers.

The Trends in maternal mortality report was published by the UN Children’s Fund (UNICEF), the World Health Organization (WHO) and UN sexual and reproductive health agency UNFPA, in observance of World Health Day on 7 April.

It shows that maternal deaths declined by 40 per cent between 2000 and 2023, largely due to improved access to essential health services.

However, the pace of improvement has slowed significantly since 2016, and an estimated 260,000 women died in 2023 due to complications during pregnancy and childbirth, or roughly one death every two minutes.

Deadly peril in Sudan

Frontline health workers have long raised alarms about the perils of giving birth in conflict settings.

In Sudan’s Al Jazirah State, a midwife named Awatef told UNFPA that she helped four women deliver babies while fleeing violence: “I delivered them in the bush, with only very basic sterilization – I had nothing but water and soap.”

One woman, Amina, had to give birth by Caesarean section – on the floor of a stranger’s home where a local doctor was assisting deliveries – while listening to the drum of gunfire just outside. “I had to start walking again just six hours later, carrying my baby while my wounds were still fresh and painful,” she said.

Urgent action needed

As aid funding cuts force countries to roll back vital services for maternal, newborn and child health, the UN agencies appeal for urgent action to prevent maternal deaths, particularly in humanitarian settings where numbers are already alarmingly high.

“While this report shows glimmers of hope, the data also highlights how dangerous pregnancy still is in much of the world today – despite the fact that solutions exist to prevent and treat the complications that cause the vast majority of maternal deaths,” said WHO Director-General Tedros Adhanom Ghebreyesus.

“In addition to ensuring access to quality maternity care, it will be critical to strengthen the underlying health and reproductive rights of women and girls – factors that underpin their prospects of healthy outcomes during pregnancy and beyond.”

Pregnancy and the pandemic

The report also provides the first global account of the coronavirus“>COVID-19 pandemic’s impact on maternal survival.

An estimated 40,000 more women died due to pregnancy or childbirth in 2021, rising to 282,000 in 2022, and to 322,000 the following year.

This increase was linked not only to direct complications caused by COVID-19 but also widespread interruptions to maternity services, highlighting the importance of ensuring that this care is available during pandemics and other emergencies.

Invest in midwives

“When a mother dies in pregnancy or childbirth, her baby’s life is also at risk. Too often, both are lost to causes we know how to prevent,” said UNICEF Executive Director Catherine Russell.

With global funding cuts putting more mums-to-be at risk, especially in the most fragile settings, “the world must urgently invest in midwives, nurses, and community health workers to ensure every mother and baby has a chance to survive and thrive,” she added.

Inequalities and slowdowns

The report also highlights persistent inequalities between regions and countries, as well as uneven progress.

With maternal mortality declining by around 40 per cent between 2000 and 2023, sub-Saharan Africa achieved significant gains. It was also among just three UN regions to see significant drops after 2015, with the others being Australia and New Zealand, and Central and Southern Asia.

Yet, sub-Saharan Africa still accounted for approximately 70 per cent of the global burden of maternal deaths in 2023 due to high rates of poverty and multiple conflicts.

Meanwhile, five regions saw progress stagnate after 2015: Northern Africa and Western Asia, Eastern and South-Eastern Asia, Oceania (excluding Australia and New Zealand), Europe and North America, and Latin America and the Caribbean.

UNFPA Sudan

A midwife visiting pregnant women in a shelter for internally displaced persons in Sudan.

A global responsibility

Dr. Natalia Kanem, UNFPA’s Executive Director, upheld that access to quality maternal health services is a right, not a privilege.

She stressed the urgent responsibility to build well-resourced health systems that safeguard the lives of pregnant women and newborns.

“By boosting supply chains, the midwifery workforce, and the disaggregated data needed to pinpoint those most at risk, we can and must end the tragedy of preventable maternal deaths and their enormous toll on families and societies,” she said.

Childbirth in crisis settings

The report also highlighted the plight of pregnant women living in humanitarian emergencies, who face some of the highest risks globally. Nearly two-thirds of global maternal deaths now occur in countries affected by fragility or conflict.

Beyond ensuring critical services during pregnancy, childbirth and the postnatal period, the report emphasized the importance of efforts to enhance women’s overall health by improving access to family planning services, as well as preventing underlying health conditions that increase risks, such as anaemia, malaria and noncommunicable diseases.

Furthermore, it is also vital to ensure that girls stay in school, and that they and women have the knowledge and resources to protect their health.

Source: WHO/UNICEF/UNFPA/World Bank/UN Population Division

Maternal mortality ratio (MMR) trends by region.

MIL OSI United Nations News –

July 9, 2025
MIL-OSI: Bitcoin Acquisitions Booming as Companies Tap into Coinbase Credit Facilities Opportunity

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase’s total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year. Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings. Overall, Coinbase’s strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase’s strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment.   Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).

Through Coinbase’s tailored lending solutions, companies can access secure, short-term credit lines to fund timely Bitcoin purchases without needing to liquidate other assets or disrupt existing capital structures. This development reflects the broader institutional adoption of digital assets and highlights the role Coinbase plays in enabling secure and compliant access to the crypto economy. While some individual company names remain confidential at this time, Coinbase confirmed that clients span industries such as fintech, digital infrastructure, and alternative investment management and include the likes of Hut8 and Riot Platforms. These firms are leveraging the platform’s lending solutions alongside Coinbase Prime’s execution and custody services for a seamless experience. Coinbase’s institutional-grade offerings continue to attract a wide range of corporate treasuries and asset managers seeking robust security, liquidity, and integrated services in one trusted platform. The credit facility product complements Coinbase’s broader mission to increase economic freedom and redefine how businesses interact with financial infrastructure.

KULR Technology Group, Inc. (NYSE American: KULR) Group Announces $20 Million Credit Facility with Coinbase – KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).

The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility (“Effective Date”). The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals.

“This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said Michael Mo, CEO of KULR. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value.”

In 2024, KULR selected Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services.

Amounts borrowed under the credit facility will be secured by a portion of the Company’s total bitcoin holdings. CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/

In other developments in the markets of note:

Coinbase Global, Inc. (NASDAQ: COIN) recently announced it is acquiring Liquifi, the leading token management platform for early-stage teams building onchain. Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey. This strategic move propels us in our journey to deliver a truly integrated one-stop-shop experience for businesses building onchain.

Today, we’re taking a big step towards offering an end-to-end solution for onchain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows. Teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x already rely on Liquifi to launch and manage their tokens, and we’re excited to help scale these operations even further.

Hut 8 Corp. (NASDAQ: HUT) recently announced that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026.   The amended facility reflects significant improvements in both economic and structural terms, including:

Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline; Conversion from a floating-rate structure to a fixed interest rate of 9.0% designed to improve Hut 8’s overall cost of capital as it scales, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; and Collateral and borrower protections including an improved limited recourse structure and continued application of a no-rehypothecation covenant on pledged Bitcoin.

Riot Platforms, Inc. (NASDAQ: RIOT) recently announced the hiring of Jonathan Gibbs as Chief Data Center Officer (“CDCO”) to lead the development of Riot’s data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on building and operating state-of-the-art data centers specifically tailored to serve hyperscale and enterprise tenants.

The creation of this new data center platform furthers Riot’s strategy to maximize the value of its assets by expanding into the development of non-bitcoin-related data centers, which diversifies the Company’s revenues, enhances Riot’s ability to generate long-term cash returns for investors and strengthens its capabilities to contract with the world’s leading technology companies. This additional platform will build on the success of Riot’s vertically-integrated strategy of utilizing bitcoin mining at scale to create significant value across its land and power portfolio and positions the Company to capitalize on the upsurge in demand for digital infrastructure driven by the growing need for cloud computing, AI and other compute-intensive applications.

Robinhood Markets, Inc. (NASDAQ: HOOD) recently reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.

Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.1 billion, or an annual growth rate of 44% relative to May 2024 Total Platform Assets.

Equity Notional Trading Volumes were $180.5 billion (up 14% from April 2025, up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% from April 2025, up 36% year-over-year). Crypto Notional Trading Volumes were $11.7 billion (up 36% from April 2025, up 65% year-over-year).   Margin balances at the end of May were $9.0 billion (up 7% from the end of April 2025, up 100% year-over-year).   Total Cash Sweep balances at the end of May were $30.8 billion (up 7% from the end of April 2025, up 52% year-over-year).   Total Securities Lending Revenue in May was $33 million (up 32% from April 2025, up 43% year-over-year).

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:

Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

SOURCE: FN Media Group

The MIL Network –

July 9, 2025
MIL-OSI: Bitcoin Acquisitions Booming as Companies Tap into Coinbase Credit Facilities Opportunity

Source: GlobeNewswire (MIL-OSI)

PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase’s total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year. Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings. Overall, Coinbase’s strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase’s strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment.   Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).

Through Coinbase’s tailored lending solutions, companies can access secure, short-term credit lines to fund timely Bitcoin purchases without needing to liquidate other assets or disrupt existing capital structures. This development reflects the broader institutional adoption of digital assets and highlights the role Coinbase plays in enabling secure and compliant access to the crypto economy. While some individual company names remain confidential at this time, Coinbase confirmed that clients span industries such as fintech, digital infrastructure, and alternative investment management and include the likes of Hut8 and Riot Platforms. These firms are leveraging the platform’s lending solutions alongside Coinbase Prime’s execution and custody services for a seamless experience. Coinbase’s institutional-grade offerings continue to attract a wide range of corporate treasuries and asset managers seeking robust security, liquidity, and integrated services in one trusted platform. The credit facility product complements Coinbase’s broader mission to increase economic freedom and redefine how businesses interact with financial infrastructure.

KULR Technology Group, Inc. (NYSE American: KULR) Group Announces $20 Million Credit Facility with Coinbase – KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).

The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility (“Effective Date”). The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals.

“This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said Michael Mo, CEO of KULR. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value.”

In 2024, KULR selected Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services.

Amounts borrowed under the credit facility will be secured by a portion of the Company’s total bitcoin holdings. CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/

In other developments in the markets of note:

Coinbase Global, Inc. (NASDAQ: COIN) recently announced it is acquiring Liquifi, the leading token management platform for early-stage teams building onchain. Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey. This strategic move propels us in our journey to deliver a truly integrated one-stop-shop experience for businesses building onchain.

Today, we’re taking a big step towards offering an end-to-end solution for onchain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows. Teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x already rely on Liquifi to launch and manage their tokens, and we’re excited to help scale these operations even further.

Hut 8 Corp. (NASDAQ: HUT) recently announced that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026.   The amended facility reflects significant improvements in both economic and structural terms, including:

Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline; Conversion from a floating-rate structure to a fixed interest rate of 9.0% designed to improve Hut 8’s overall cost of capital as it scales, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; and Collateral and borrower protections including an improved limited recourse structure and continued application of a no-rehypothecation covenant on pledged Bitcoin.

Riot Platforms, Inc. (NASDAQ: RIOT) recently announced the hiring of Jonathan Gibbs as Chief Data Center Officer (“CDCO”) to lead the development of Riot’s data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on building and operating state-of-the-art data centers specifically tailored to serve hyperscale and enterprise tenants.

The creation of this new data center platform furthers Riot’s strategy to maximize the value of its assets by expanding into the development of non-bitcoin-related data centers, which diversifies the Company’s revenues, enhances Riot’s ability to generate long-term cash returns for investors and strengthens its capabilities to contract with the world’s leading technology companies. This additional platform will build on the success of Riot’s vertically-integrated strategy of utilizing bitcoin mining at scale to create significant value across its land and power portfolio and positions the Company to capitalize on the upsurge in demand for digital infrastructure driven by the growing need for cloud computing, AI and other compute-intensive applications.

Robinhood Markets, Inc. (NASDAQ: HOOD) recently reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.

Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.1 billion, or an annual growth rate of 44% relative to May 2024 Total Platform Assets.

Equity Notional Trading Volumes were $180.5 billion (up 14% from April 2025, up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% from April 2025, up 36% year-over-year). Crypto Notional Trading Volumes were $11.7 billion (up 36% from April 2025, up 65% year-over-year).   Margin balances at the end of May were $9.0 billion (up 7% from the end of April 2025, up 100% year-over-year).   Total Cash Sweep balances at the end of May were $30.8 billion (up 7% from the end of April 2025, up 52% year-over-year).   Total Securities Lending Revenue in May was $33 million (up 32% from April 2025, up 43% year-over-year).

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:

Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

SOURCE: FN Media Group

The MIL Network –

July 9, 2025
MIL-OSI: SEC, Quidax Bring Together Top Banks, Asset Managers to Drive Digital Assets Adoption in Nigeria

Source: GlobeNewswire (MIL-OSI)

L-R: Anya Edmund Duroha Chairman, African Founders Launchpad; Buchi Okoro, Co-founder and Chief Executive Officer of Quidax; Pascal Maguire, Sales Director for Africa at Fireblocks; Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank; Ugodre Obi-Chukwu, Founder and CEO at Nairametrics; Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission (SEC).

LAGOS, Nigeria, July 08, 2025 (GLOBE NEWSWIRE) — The Securities and Exchange Commission (SEC) Nigeria, in collaboration with leading digital assets exchange Quidax, hosted an educational series aimed at equipping Nigerian finance professionals with the knowledge and tools needed to navigate the evolving digital assets ecosystem.

The exclusive two-day event, held at the prestigious Capital Club in Victoria Island, Lagos, convened representatives from commercial banks, asset management firms, pension fund administrators, and securities traders. Some of the participants at the event were from Zenith Bank, ARM, Investment One, FBNQuest, Interswitch, Ecobank, Africa Prudential, Meristem, Wema Bank, Capitafield, Sterling Bank, and several other companies.

Driving Adoption Through Education and Regulation

Speaking at the event, Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission, underscored the programme’s significance. He stated that the initiative reflects the commission’s statutory responsibility not only to regulate the capital market but also to actively develop it.

Dan Abu emphasized the integral role of traditional financial institutions in the growth of the digital asset ecosystem. “The banks hold fiat currency. If they don’t understand what is going on, it creates a disconnect in the value chain. The more banks that understand digital assets, the better the playing field for users,” he explained.

This educational series builds on a series of significant regulatory milestones in Nigeria’s digital finance space. On 29 March 2025, President Bola Tinubu signed into law the Investments and Securities Act (ISA) 2025, which formally classifies cryptocurrencies and other virtual assets as securities, thereby placing them under the SEC’s purview. Prior to this, in June 2024, the commission issued rules for Virtual Asset Service Providers, providing crucial regulatory backing to exchanges and other entities operating in the space.

Quidax’s Pan-African Mission and the Importance of Collaboration

Buchi Okoro, Co-founder and Chief Executive Officer of Quidax, highlighted the event’s core purpose: supporting adoption by educating both beginners and advanced participants within the financial industry. “Adoption starts with education. This session caters to people at different knowledge levels, from total beginners to those who have conducted blockchain pilots,” he said.

Okoro reiterated Quidax’s ambitious Pan-African mission, noting that the exchange already operates in nine countries and plans to expand to all 54 African nations. “We’re solving African problems for Africans, and this event partnership with the SEC helps us do that within regulatory guardrails,” he added.

Industry Leaders Endorse the Initiative

The event garnered strong support from other key industry players, reinforcing the collaborative spirit essential for digital asset integration.

Pascal Maguire, Sales Director for Africa at Fireblocks, stressed the need for such forums: “We need more finance and payments experts and decision makers to attend such forums as this enables them to see that they have trusted partners in firms like Quidax, Fireblocks, and the SEC who can both educate them and guide them on their adoption and innovation journey.”

Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank, a panelist at the event, highlighted the pressing need for digital assets due to inefficiencies in traditional banking. “Today, moving money internationally still takes days and depends on informal channels. With blockchain, you can transfer value instantly and securely,” he stated.

Attendees also expressed their positive reception. Sunday Joseph Olaniyan, Head of E-Business at Sun Trust Bank, remarked, “Events like these bring such awareness even closer to us as institutions here in Nigeria and presents us with the opportunity to not be left out of this wave of change. People like myself who have been aware of digital assets are now even more sensitized to the global trend and I sure do not want to be left behind at all.”

Adding to the sentiment, Bukola James-Cole, Director of Capital Market at Africa Prudential PLC, spoke about the natural evolution of money. She emphasized, “Whether we like it or not it will happen so the earlier we start getting educated about digital assets the better for the industry.”

About Quidax

Quidax is an African-founded cryptocurrency exchange that makes it easy for anyone to buy, sell, store and transfer cryptocurrencies. Quidax additionally enables OTC trading and gives fintechs the tools to offer cryptocurrency services to customers through a dedicated crypto API.

Quidax was officially launched in 2018 and has customers in over 70 countries.

Contact:
Pearl
pearl@quidax.com

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

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ea4400e-9377-4b98-b4be-b7fb6531a1d5

The MIL Network –

July 9, 2025
MIL-OSI: Titan Network Launches IP Leasing Browser Extension to Turn Idle IPs into Passive Income
Source: GlobeNewswire (MIL-OSI)

VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) — Titan Network has unveiled a browser-based IP leasing extension designed to turn everyday internet connections into secure, enterprise-ready infrastructure. This product marks a significant step in Titan’s broader mission to decentralize the cloud by mobilizing the untapped potential of user-owned digital resources.

Developed in response to rising enterprise demand for trusted, distributed IP access, the extension allows individuals to contribute their unused residential IPs to real-world applications in AI, cybersecurity, and e-commerce – all with just a lightweight browser install.

Unlike conventional Web3 projects, Titan’s infrastructure is built around commercial utility. The IP leasing extension lowers the barrier for users to participate while meeting the stringent requirements of enterprise clients, positioning Titan as a pioneer in practical, real-world adoption of DePIN architecture.

Addressing the Demand for Reliable IP Resources

In today’s digital landscape, enterprises face increasing challenges in sourcing trustworthy, geographically diverse IP addresses essential for operations like AI model training, e-commerce analytics, and fraud prevention. Traditional solutions often involve opaque methods, posing risks to both users and clients. Titan’s new browser extension offers a transparent and secure alternative, aligning with enterprise standards and ensuring user privacy.

How It Works: Secure and User-Friendly Integration

The lightweight extension is designed for ease of use. Once installed, it securely connects the user’s device to the Titan Network, securely enabling IP sharing without compromising privacy. Titan’s unique container architecture ensures each task is sandboxed, isolating network activity from a user’s local environment.

Ready to join? Get started with the Titan IP extension here.

Key features include:
- Container-based isolation for secure task execution
- On-chain contribution tracking for transparency and accountability
- Automated task routing driven by verified enterprise needs
Real-World Applications and Adoption

Titan’s infrastructure is already live, supporting commercial clients such as TikTok, Tencent, iQIYI, and emerging AI platforms. Example applications include:
- AI and data services: Facilitating region-specific IP access for training data collection
- E-commerce monitoring: Enabling dynamic price tracking and ad verification
- Security operations: Assisting in defense against DDoS and other threats
Technological Innovation for Scalability

Titan’s dual-layer container system reduces reliance on centralized relays, lowering risk and supporting secure, high-performance workloads. This architecture also enables direct communication between clients and contributors, minimizing the need for costly data rerouting and enhancing overall system security. As a result, more value can be retained within the network and distributed to node operators. This design allows Titan to deliver stable, enterprise-grade infrastructure that scales across diverse use cases. By addressing real-world demand through accessible, browser-native infrastructure, Titan is helping redefine how internet infrastructure is sourced, shared, and monetized.

About Titan Network

Titan Network builds decentralized cloud infrastructure by aggregating idle resources from global users. By aligning infrastructure growth with enterprise demand, Titan aims to deliver a resilient, equitable, and user-powered digital future.

For more information, visit Titan Network’s official website.

Media Contact Name: Neo Ge
Email: media@titannet.io
Website: https://titannet.io/

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The MIL Network –
July 9, 2025
MIL-OSI: Wearable Devices Partners with Japanese E-Commerce Platform to Expand Distribution and Market Reach for Mudra Band and Mudra Link

Source: GlobeNewswire (MIL-OSI)

Yokneam Illit, Israel, July 08, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced a collaboration with Media Exceed Co., Ltd. (“Media Exceed”), a leading e-commerce company in Japan. Under this agreement, Media Exceed will serve as a non-exclusive reseller of Wearable Devices’ innovative Mudra Band and Mudra Link products in the Japanese market, expanding the reach of its cutting-edge neural input solutions to one of the world’s most tech-savvy consumer bases.

This collaboration aims to enhance the availability of Wearable Devices’ neural interface products in Japan, leveraging Media Exceed’s robust e-commerce platform and market expertise. The collaboration supports both drop shipping and wholesale models, ensuring streamlined order fulfillment and localized customer support for Japanese buyers.

“We are excited to collaborate with Media Exceed to bring our cutting-edge gesture control technology to a broader audience in Japan,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “This collaboration aligns with our strategic goal of expanding our global footprint and making our products more accessible to users worldwide.”

Mr. Shinya Kasuga, Chief Executive Officer of Media Exceed commented on the collaboration, “We are eager to start working with Wearable Devices and bring the innovative Mudra products to the Japanese market. Their neural interface technology aligns perfectly with our vision to introduce cutting-edge solutions that enhance the way people interact with digital devices.”

The Mudra Band, designed for Apple Watch users, and the Mudra Link, compatible with Android and Windows devices, utilize proprietary Surface Nerve Conductance sensors to detect neural signals from subtle finger movements. These signals are translated into intuitive commands, enabling touchless control of digital devices. The Mudra Link was recently showcased at CES® 2025, where it received an Innovation Award in the XR Technologies and Accessories category.

Media Exceed will offer these products through its online platforms, providing Japanese consumers with direct access to Wearable Devices’ innovative technology. The collaboration is expected to enhance user experience and satisfaction by combining advanced wearable technology with Media Exceed’s customer-centric approach.

About Wearable Devices

Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s consumer products – the Mudra Band and Mudra Link – are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.

Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality (XR). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/VR/XR to smart environments.

By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world’s fastest-growing tech markets. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols “WLDS” and “WLDSW,” respectively.

Forward-Looking Statements Disclaimer

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the aim of our collaboration with Media Exceed, benefits and advantages of our products and technology, our strategic goal of expanding our global footprint and making our products more accessible to users worldwide and that the collaboration is expected to enhance user experience and satisfaction. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact
Michal Efraty
IR@wearabledevices.co.il

The MIL Network –

July 9, 2025

MIL-OSI: SuRo Capital Corp. Second Quarter 2025 Preliminary Investment Portfolio Update

Source: GlobeNewswire (MIL-OSI)

Net Asset Value Anticipated to be $9.00 to $9.50 Per Share

Board of Directors Declares $0.25 Per Share Cash Dividend

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS) today provided the following preliminary update on its investment portfolio for the second quarter ended June 30, 2025.

“The second quarter was SuRo Capital’s best quarter since inception, as measured by the appreciation in NAV per share,” said Mark Klein, Chairman and Chief Executive Officer of SuRo Capital. “Our performance was largely driven by the public and private markets recognizing the value proposition of AI infrastructure companies. CoreWeave’s IPO, coupled with its post-IPO performance, led the way. Additionally, OpenAI announced a landmark $40.0 billion financing round at a $300.0 billion post-money valuation, the largest private capital raise ever by a technology company. It has been reported that Canva is preparing for a secondary tender at a $37.0 billion valuation and Colombier Acquisition Corp. II is nearing completion of a proposed merger with GrabAGun, further building on SuRo Capital’s SPAC sponsor strategy success. These developments resulted in an NAV per share uplift of over 35% for the quarter,” Klein added.

Mr. Klein further emphasized, “Beyond these high-profile capital raises, we remain committed to backing some of the world’s most innovative and sought-after private companies ahead of their public market debuts. In April, we completed a new $5.0 million investment in Plaid (through a wholly owned SPV), a market-leading fintech platform that enables secure, seamless connectivity between financial applications and consumers, with an estimated reach of 1 in every 2 adults in the U.S.”

“As a result of this strong performance and momentum across our portfolio, we are pleased to announce that our Board of Directors has declared an initial dividend of $0.25 per share. This dividend is driven by successful monetizations of SuRo Capital’s public securities. Based on ongoing portfolio activity, we anticipate declaring additional dividends throughout the year. As always, we will keep you informed about our dividend strategy as we gain more clarity on the timing and magnitude,” Mr. Klein concluded.

As previously reported, SuRo Capital’s net assets totaled approximately $156.8 million, or $6.66 per share, at March 31, 2025, and approximately $162.3 million, or $6.94 per share at June 30, 2024. As of June 30, 2025, SuRo Capital’s net asset value is estimated to be between $9.00 and $9.50 per share.

Investment Portfolio Update

As of June 30, 2025, SuRo Capital held positions in 36 portfolio companies – 33 privately held and 3 publicly held.

During the three months ended June 30, 2025, SuRo Capital made the following investment:

Portfolio Company	Investment	Transaction Date	Amount⁽¹⁾
Plaid Inc.⁽²⁾	Class A Common Shares	4/4/2025	$5.0 million

___________________
(1) Amount invested does not include capitalized costs, origination fees, or prepaid expenses.
(2) SuRo Capital’s investment in the Class A Common Shares of Plaid Inc. was made through 1789 Capital Nirvana II LP, an SPV in which SuRo Capital is the Sole Limited Partner. SuRo Capital paid a 7% origination fee at the time of investment.

During the three months ended June 30, 2025, SuRo Capital exited and received proceeds from the following investments:

Portfolio Company	Transaction Date	Quantity	Average Net Share Price⁽¹⁾	Net Proceeds	Realized Gain
CoreWeave, Inc.⁽²⁾	Various	222,240	$113.99	$25.3 million	$15.3 million
ServiceTitan, Inc.⁽³⁾	Various	151,515	$105.07	$15.9 million	$5.9 million

__________________
(1)   The average net share price is the net share price realized after deducting all commissions and fees on the sale(s), if applicable.
(2)   As of June 20, 2025, SuRo Capital had sold the entirety of its directly held CoreWeave, Inc. public common shares. As of June 30, 2025 SuRo Capital continues to hold the entirety of its interest in CW Opportunity 2 LP.
(3)   As of June 27, 2025, SuRo Capital had sold its entire position in ServiceTitan, Inc. public common shares.

SuRo Capital’s liquid assets were approximately $52.4 million as of June 30, 2025, consisting of cash and directly-held securities of publicly traded portfolio companies.

As of June 30, 2025, there were 23,888,107 shares of the Company’s common stock outstanding.

Recent Dividend Declarations and Certain Information Regarding the Dividends

On July 3, 2025, SuRo Capital’s Board of Directors declared a dividend of $0.25 per share payable on July 31, 2025 to the Company’s common stockholders of record as of the close of business on July 21, 2025. The dividend will be paid in cash.

The date of declaration and amount of any dividends, including any future dividends, are subject to the sole discretion of SuRo Capital’s Board of Directors.

The aggregate amount of the dividends declared and paid by SuRo Capital will be fully taxable to stockholders. The tax character of SuRo Capital’s dividends cannot be finally determined until the close of SuRo Capital’s taxable year (December 31). SuRo Capital will report the actual tax characteristics of each year’s dividends annually to stockholders and the IRS on Form 1099-DIV subsequent to year-end.

Registered stockholders with questions regarding declared dividends may call Equiniti Trust Company, LLC at 800-937-5449.

Preliminary Estimates and Guidance

The preliminary financial estimates provided herein are unaudited and have been prepared by, and are the responsibility of, the management of SuRo Capital. Neither our independent registered public accounting firm, nor any other independent accountants, have audited, reviewed, compiled, or performed any procedures with respect to the preliminary financial data included herein. Actual results may differ materially.

The Company expects to announce its second quarter ended June 30, 2025 results in August 2025.

Forward-Looking Statements

Statements included herein, including statements regarding SuRo Capital’s beliefs, expectations, intentions, or strategies for the future, may constitute “forward-looking statements”. SuRo Capital cautions you that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements. All forward-looking statements involve a number of risks and uncertainties, including the impact of any market volatility that may be detrimental to our business, our portfolio companies, our industry, and the global economy, that could cause actual results to differ materially from the plans, intentions, and expectations reflected in or suggested by the forward-looking statements. Risk factors, cautionary statements, and other conditions which could cause SuRo Capital’s actual results to differ from management’s current expectations are contained in SuRo Capital’s filings with the Securities and Exchange Commission. SuRo Capital undertakes no obligation to update any forward-looking statement to reflect events or circumstances that may arise after the date of this press release.

About SuRo Capital Corp.

SuRo Capital Corp. (Nasdaq: SSSS) is a publicly traded investment fund that seeks to invest in high-growth, venture-backed private companies. The fund seeks to create a portfolio of high-growth emerging private companies via a repeatable and disciplined investment approach, as well as to provide investors with access to such companies through its publicly traded common stock. Since inception, SuRo Capital has served as the public’s gateway to venture capital, offering unique access to some of the world’s most innovative and sought-after private companies before they become publicly traded. SuRo Capital’s diverse portfolio encompasses high-growth sectors including AI infrastructure, emerging consumer brands, and cutting-edge software solutions for both consumer and enterprise markets, among others. SuRo Capital is headquartered in New York, NY and has an office in San Francisco, CA. Connect with the company on X, LinkedIn, and at www.surocap.com.

Contact
SuRo Capital Corp.
(212) 931-6331
IR@surocap.com

Media Contact
Deborah Kostroun
Zito Partners
SuRoCapitalPR@zitopartners.com

The MIL Network –

July 9, 2025

MIL-OSI: Hanmi Financial Corporation Announces Second Quarter 2025 Earnings and Conference Call Date

Source: GlobeNewswire (MIL-OSI)

LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

About Hanmi Financial Corporation
Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

Contact
Romolo (Ron) Santarosa
Senior Executive Vice President & Chief Financial Officer
213-427-5636

Lisa Fortuna
Investor Relations
Financial Profiles, Inc.
310-622-8251

Source: Hanmi Bank

The MIL Network –

July 9, 2025
MIL-OSI: Hanmi Financial Corporation Announces Second Quarter 2025 Earnings and Conference Call Date

Source: GlobeNewswire (MIL-OSI)

LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

About Hanmi Financial Corporation
Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

Contact
Romolo (Ron) Santarosa
Senior Executive Vice President & Chief Financial Officer
213-427-5636

Lisa Fortuna
Investor Relations
Financial Profiles, Inc.
310-622-8251

Source: Hanmi Bank

The MIL Network –

July 9, 2025
MIL-OSI: Patria Announces Second Quarter 2025 Investor Call

Source: GlobeNewswire (MIL-OSI)

GRAND CAYMAN, Cayman Islands, July 08, 2025 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) announced today that it will release financial results for the second quarter 2025 on Friday, August 1, 2025, and host a conference call via public webcast at 9:00 a.m. ET.

To register, please use the following link: https://edge.media-server.com/mmc/p/rpv5tvp5.

For those unable to listen to the live broadcast, there will be a webcast replay on the Shareholders section of Patria’s website at https://ir.patria.com/.

Patria distributes its earnings releases via its website and email lists. Those interested in firm updates can sign up to receive Patria press releases via email at https://ir.patria.com/ir-resources/email-alerts.

About Patria

Patria is a global alternative asset management firm focused on the mid-market segment, specializing in resilient sectors across select regions. We are a leading asset manager in Latin America and have a strong presence in Europe through our extensive network of General Partners relationships. Our on-the-ground presence combines investment leaders, sector experts, company managers, and strategic relationships, allowing us to identify compelling investment opportunities accessible only to those with local proficiency. With 36 years of experience and over $45 billion in assets under management, we consistently deliver attractive returns through long-term investments, while promoting inclusive and sustainable development in the regions where we operate. Further information is available at www.patria.com.

Asset Classes: Credit, Real Estate, Infrastructure, Private Equity, GPMS (Solutions), and Public Equities

Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services

Investment Regions: Latin America, Europe and the U.S.

Contact

Patria Shareholder Relations
PatriaShareholderRelations@patria.com
t +1 917 769 1611

The MIL Network –

July 9, 2025

Category: Finance

Major boost for Sizewell C nuclear plan as French energy giant EDF confirms investment

Prime Minister Keir Starmer said:

Chancellor of the Exchequer Rachel Reeves said:

Energy Secretary Ed Miliband said:

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