NewzIntel.com

Category: Finance

  • MIL-OSI: Nano Labs Announces Pricing of $50.0 Million Registered Direct Offering and Concurrent Private Placement for BNB Treasury Strategy

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 5,952,381 Class A ordinary shares of the company (the “Ordinary Shares”) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investor warrants to purchase up to 5,952,381 Ordinary Shares. The combined effective offering price for each Ordinary Share and accompanying warrant is $8.40. The warrants are immediately exercisable, expire five years from the date of an effective registration statement, and have an initial exercise price of $10.00 per share which is subject to customary adjustment. The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $50.0 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company.

    Proceeds from the offering and exercise of the warrants will be used to acquire BNB (Binance Coin) as part of the Company’s digital asset strategy.

    The offering is expected to close on or about June 27, 2025, subject to the satisfaction of customary closing conditions.

    Maxim Group LLC is acting as the sole placement agent in connection with the offering.

    The Ordinary Shares are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-273968), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 1, 2023. The offering of Ordinary Shares will be made only by means of a prospectus supplement that forms a part of such registration statement. The warrants to be issued in the concurrent private placement and the Class A ordinary shares issuable upon exercise of such warrants were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”), and Regulation D promulgated thereunder and have not been registered under the Act or applicable state securities laws.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the sales of Ordinary Shares will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3500.

    About Nano Labs Ltd

    Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, it has established Bitcoin value investment and adopted Bitcoin as primary reserve asset. Nano Labs has established an integrated solution platform covering three main business verticals, including HTC solutions and HPC solutions. The HTC solutions feature its proprietary Cuckoo series chips, which have become alternative Application-Specific Integrated Circuit (“ASIC”) solutions for traditional GPUs. For more information, please visit the Company’s website at: ir.nano.cn.

    Forward-Looking Statements

    This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the expected completion, timing and size of the offering and concurrent private placement and the intended use of the proceeds from the offering, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Risks and uncertainties that may cause such differences include, among other things: satisfaction of customary closing conditions related to the offering and the sale of the securities and Nano Lab’s ability to complete the offering. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

    For investor and media inquiries, please contact:

    Nano Labs Ltd
    Email: ir@nano.cn

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network –

  • MIL-OSI: Nano Labs Announces Pricing of $50.0 Million Registered Direct Offering and Concurrent Private Placement for BNB Treasury Strategy

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) — Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase 5,952,381 Class A ordinary shares of the company (the “Ordinary Shares”) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investor warrants to purchase up to 5,952,381 Ordinary Shares. The combined effective offering price for each Ordinary Share and accompanying warrant is $8.40. The warrants are immediately exercisable, expire five years from the date of an effective registration statement, and have an initial exercise price of $10.00 per share which is subject to customary adjustment. The gross proceeds to the Company from the registered direct offering and concurrent private placement are estimated to be approximately $50.0 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company.

    Proceeds from the offering and exercise of the warrants will be used to acquire BNB (Binance Coin) as part of the Company’s digital asset strategy.

    The offering is expected to close on or about June 27, 2025, subject to the satisfaction of customary closing conditions.

    Maxim Group LLC is acting as the sole placement agent in connection with the offering.

    The Ordinary Shares are being offered pursuant to a shelf registration statement on Form F-3 (File No. 333-273968), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 1, 2023. The offering of Ordinary Shares will be made only by means of a prospectus supplement that forms a part of such registration statement. The warrants to be issued in the concurrent private placement and the Class A ordinary shares issuable upon exercise of such warrants were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”), and Regulation D promulgated thereunder and have not been registered under the Act or applicable state securities laws.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. A prospectus supplement relating to the sales of Ordinary Shares will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or telephone at (212) 895-3500.

    About Nano Labs Ltd

    Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China. Nano Labs is committed to the development of high throughput computing (“HTC”) chips and high performance computing (“HPC”) chips. Nano Labs has built a comprehensive flow processing unit (“FPU”) architecture which offers solution that integrates the features of both HTC and HPC. In addition, it has established Bitcoin value investment and adopted Bitcoin as primary reserve asset. Nano Labs has established an integrated solution platform covering three main business verticals, including HTC solutions and HPC solutions. The HTC solutions feature its proprietary Cuckoo series chips, which have become alternative Application-Specific Integrated Circuit (“ASIC”) solutions for traditional GPUs. For more information, please visit the Company’s website at: ir.nano.cn.

    Forward-Looking Statements

    This report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the expected completion, timing and size of the offering and concurrent private placement and the intended use of the proceeds from the offering, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Risks and uncertainties that may cause such differences include, among other things: satisfaction of customary closing conditions related to the offering and the sale of the securities and Nano Lab’s ability to complete the offering. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

    For investor and media inquiries, please contact:

    Nano Labs Ltd
    Email: ir@nano.cn

    Ascent Investor Relations LLC
    Tina Xiao
    Phone: +1-646-932-7242
    Email: investors@ascent-ir.com

    The MIL Network –

  • MIL-OSI Africa: Rwanda: African Development Bank kickstarts pioneering cable car project in Kigali

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

    The African Development Bank (www.AfDB.org) has approved a grant of $500,000 to undertake a feasibility study into the first phase of a cable car transport network in Kigali, that will be sub-Saharan Africa’s first aerial urban transit system.

    The funds, to be sourced from the Bank Group’s Urban and Municipal Development Fund (https://apo-opa.co/45CiDm9), are expected to help pave the way for the Kigali Urban Cable Car Project, a 5.5 km mobility initiative valued at $100 million and promising to ease the city’s traffic congestion, reduce greenhouse gas emissions, and connect underserved communities to jobs and essential services.

    The Urban and Municipal Development Fund (UMDF) is a trust fund hosted by the African Development Bank, which provides direct support to cities, to mobilize funding and technical assistance, develop partnerships, city engagement, project identification and investment.

    Phase 1 of the project will comprise two critical transit corridors: Nyabugogo Taxi Park to the Central Business District (CBD) Hub; and the Kigali Convention Center to Kigali Sports City, connecting public landmarks such as Amahoro Stadium, BK Arena, and the newly developed Zaria Court.

    The feasibility study is expected to position the project to attract international investment, including through platforms such as the Africa Investment Forum (AIF). The UMDF provided funding for the feasibility of another project in the country, the Kigali Urban Transport Improvement project, to help attract critical investment.

    Construction is expected to begin in late 2026, with commissioning scheduled for 2028. Once complete, the cable car will convey over 50,000 passengers a day on a 15-minute end-to-end journey, integrating into the city’s existing transport infrastructure.

    African Development Bank Group president Dr. Akinwumi Adesina, said: “This transformative project aligns perfectly with the Bank’s vision for sustainable, green climate-resilient urban mobility infrastructure, and with the Bank’s Ten-Year Strategy, which focuses on urbanization, and the Alliance for Green Infrastructure in Africa (AGIA), a global partnership initiative driven by the African Development Bank Group, Africa50 and the African Union. By financing Rwanda’s urban cable car system, we are investing in a scalable model of low-carbon, inclusive public transport that cities across Africa can emulate.”

    The project is anchored in Rwanda’s Green Taxonomy, E-mobility Strategy, and Climate and Nature Finance Strategy (CNFS) and aligns closely with Rwanda’s national climate objectives, which target a 38% reduction in carbon emissions by 2030 and carbon neutrality by 2050.

    The project implementation is expected to follow a Public-Private Partnership model, according to  Imena Munyampenda, the Director General of Rwanda Transport Development Agency.  

    The feasibility study plans to draw lessons from successful cable car systems in La Paz, Bolivia, and Singapore. The system will prioritize access for the disabled, employment opportunities for girls, women and low-income residents; and job creation, capacity building and technology transfer.

    “This pioneering feasibility study is a game-changing milestone,” said Solomon Quaynor, African Development Bank’s Vice President for Private Sector, Infrastructure, and Industrialization. “Through the UMDF, AfDB is laying the foundation for an investment-ready green infrastructure asset that offers both impact and returns.”

    Blended Financing

    The $100 million funding structure will comprise a strategic mix of grants, concessional loans, blended finance, and technical assistance. The UMDF grant will fund an assessment of the project’s viability gap.

    The Rwandan government, the African Development Bank Group, and other development partners, will collaborate to offer blended financing, along with commercial funding from the International Finance Corporation (IFC), Africa50, the Trade and Development Bank (TDB), the Africa Finance Corporation (AFC), as well as private investors and the Alliance for Green Infrastructure in Africa (AGIA). 

    – on behalf of African Development Bank Group (AfDB).

    Media Contact:
    Janet Onyango
    African Development Bank Group 
    media@afdb.org

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    MIL OSI Africa –

  • MIL-OSI Africa: Coffee Master Trainer Upgrade (Coffee MUG) Program Surpasses 4,700 Farmers Trained, Boosting Yields and Incomes Across Indonesia’s Top Arabica Regions

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

    The Sustainable Coffee Platform of Indonesia (SCOPI) and the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) announced key findings of the mid-term survey from the Coffee Master Trainer Upgrade (Coffee MUG) Program, a five-year initiative helping smallholder farmers in North Sumatra and Aceh adopt sustainable coffee-growing practices. 

    Since its launch in October 2021, the program has trained 4,754 farmers—37% (1,781) women—across 130 villages, with 3,700 hectares now managed under Good Agricultural Practices (GAP). Nineteen Master Trainers and eight candidates act as local champions, guiding farmer groups on soil health, pruning, post-harvest handling, and quality control. The field midline survey conducted to the program and confirmed that average yields in the target areas rose 13.7 percent in 2023, equivalent to 78 kilograms of green bean per hectare compared to the previous year. 

    Capacity-building results are equally encouraging participating trainers demonstrated 91 percent competence in sustainable coffee farming and 87 percent competence in training methodologies during recent evaluations. Farmer livelihoods are beginning to reflect these gains. Average annual coffee sales reached IDR 82.95 million (US$5,100) per farmer in 2023, while average net farm income rose to IDR 71.52 million (US$4,400).  

    Earlier this year, SCOPI and ITFC convened twin data-utilisation workshops in Berastagi (Karo Regency) and Takengon (Central Aceh Regency). Local officials, private buyers, Master Trainers, and farmer leaders reviewed the mid-line survey results, explored a new web-based monitoring dashboard, and agreed on concrete follow-up actions—such as establishing demonstration plots that now serve as “living classrooms” for young farmers and expanding market pathways with ofi Indonesia, Louis Dreyfus Company, and Ecom/Indo Cafco. 

    “This survey is more than just data collection—it is a strategic tool to sharpen the program’s direction and ensure it remains responsive to farmers’ real needs” said Ade Aryani, Executive Director of SCOPI 

    Nazeem Noordali, Chief Operating Officer of ITFC, added: “Farmer surveys offer data-driven guidance, help identify gaps, and support the development of more impactful strategies. Programs like Coffee MUG must remain dynamic and responsive to field realities.” 

    At data-utilization workshops Karo Regency and Central Aceh Regency, SCOPI and ITFC joined officials, buyers, trainers, and farmers to review mid-line findings, test a new monitoring dashboard, and launch demo plots for youth training. 

    Looking ahead, the program is scaling its trainers network through a new recruitment drive that will bring more young people into the Master Trainer pipeline, securing generational renewal. Field trials focused on soil-health interventions will also continue, targeting a further yield increase by 2026. In parallel, fresh modules on financial literacy and digital marketing are being developed for rollout later this year, with a special emphasis on empowering women and youth farmer groups. 

    – on behalf of International Islamic Trade Finance Corporation (ITFC).

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

    SCOPI Contact: 
    Email: info@scopi.or.id  

    ITFC Social Media: 
    Twitter: @ ITFCCORP   
    Facebook: @ ITFCCorp   
    LinkedIn: International Islamic Trade Finance Corporation (ITFC)    

    SCOPI Social Media:
    Linkedin: Sustainable Coffee Platform of Indonesia (SCOPI) 
    Instagram: @ scopi_id 
    Website: www.SCOPI.or.id 

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

    About the Sustainable Coffee Platform of Indonesia (SCOPI):  
    The Sustainable Coffee Platform of Indonesia (SCOPI) is a leading organization dedicated to promoting sustainable coffee production and improving the livelihoods of coffee farmers. SCOPI is a platform for collaboration among key stakeholders in the Indonesian coffee industry, working towards a shared vision of a thriving and sustainable coffee sector. 

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    MIL OSI Africa –

  • MIL-OSI United Kingdom: Dubai-based director who falsified VAT returns banned after his four companies owed HMRC more than £1 million

    Source: United Kingdom – Government Statements

    Press release

    Dubai-based director who falsified VAT returns banned after his four companies owed HMRC more than £1 million

    Director submitted falsified documentation to reclaim VAT

    • Hassan Waqar has been disqualified as a director for 11 years after his four companies reclaimed almost £400,000 in VAT they were not entitled to 

    • The four companies – HN Restaurants Limited, Kiani Construction Limited, Moneemint Ventures Limited and Zoya Investments Limited – submitted falsified documents to HM Revenue and Customs (HMRC) or failed to provide supporting evidence for VAT repayment claims 

    • All four companies were struck-off the Companies House register between February and June 2023, with total debts to HMRC of more than £1.1 million in VAT assessments, penalties and interest

    The boss of four companies which owed HMRC more than £1 million, including £400,000 in VAT they falsely reclaimed, has been banned as a director. 

    Hassan Waqar was the director of HN Restaurants Limited, Kiani Construction Limited and Moneemint Ventures Limited when they submitted falsified documents to HMRC. 

    A fourth company, Zoya Investments Limited, failed to supply evidence to HMRC to support the repayment returns it had submitted. 

    The four companies owed HMRC more than £1.1 million in VAT and penalties when they were all struck-off the Companies House register during the first half of 2023. 

    Waqar, 30, who is now based in Dubai, has been disqualified as a company director for 11 years. 

    Victoria Edgar, Chief Investigator at the Insolvency Service, said: 

    Hassan Waqar submitted falsified documentation for VAT reclamations that his companies were not entitled to receive. 

    Our investigations found that he failed to provide supporting evidence for claims across multiple businesses, with over £1.1 million owed when these companies were struck off the Companies House register in 2023.

    The Insolvency Service is committed to taking action against directors who fail to meet their legal and financial obligations, protecting the integrity of the business environment and the tax system.

    HN Restaurants Limited was set up in May 2020 as a fast-food business. Kiani Construction Limited was a construction company incorporated in August 2021 which was involved in real estate sales. 

    Moneemint Ventures Limited, like HN Restaurants Limited, was established in May 2020, and was described by Waqar as a banking service platform. Zoya Investments Limited, incorporated in March 2021, traded in carrying out fitouts. 

    The four companies received a total of £396,982 in VAT repayments. 

    HN Restaurants Limited, Kiani Construction Limited and Moneemint Ventures Limited provided invoices to HMRC in support of their claims. HMRC contacted several of the suppliers who confirmed they had not issued the invoices to the companies. 

    Bank statements were provided by HN Restaurants Limited and Moneemint Ventures Limited to HMRC to support the repayment return, but they differed to the ones supplied by the banks. 

    Zoya Investments Limited did not provide any evidence to support its VAT repayment claims. 

    HMRC issued penalties to the four companies totalling £706,692. 

    The four companies were struck-off the Companies House register between February and June 2023. 

    Combined, the four companies owed £1,136,832 in VAT assessments, penalties and interest. 

    The Secretary of State for Business and Trade accepted a disqualification undertaking from Waqar, and his ban started on Thursday 26 June. 

    It prevents him from being involved in the promotion, formation or management of a company, without the permission of the court. 

    HMRC issued a joint and several liability notice to Waqar for HN Restaurants, making him personally responsible for paying the tax debts of the company.

    Further information

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: China to Remain Attractive for Global Economy – PM

    Translation. Region: Russian Federal

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

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

    BEIJING, June 26 (Xinhua) — Chinese Premier Li Qiang said Thursday that China’s economy will remain an attractive destination for the global economy in the long term, and the expanding scale and quality of China’s huge market will continue to pay big dividends, offering more trade and investment opportunities to countries.

    Speaking at the opening ceremony of the 10th annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), Li Qiang reiterated China’s commitment to expanding high-level opening-up to the outside world and continuing deep integration into the global economy, which promises to provide new development opportunities for all countries in the world. -0-

    MIL OSI Russia News –

  • MIL-OSI: Bitget’s Proof of Reserves Highlights 199% Coverage Ratio in June 2025

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released its June 2025 Proof of Reserves (PoR), revealing a total reserve ratio of 199%, an increase from 192% in May. This continued rise shows the platform’s ability to maintain a reserve well above the industry-standard 1:1 ratio, effectively covering all user-held assets with significant overcollateralization.

    According to the June audit, the platform holds 28,286.53 BTC against 6,593.8 BTC in user liabilities, marking a 429% reserve ratio. For USDT, Bitget maintains 1.75 billion tokens in reserve versus 1.61 billion in user holdings, yielding a coverage of 108%. ETH assets show a similar trend, with 219,917.71 ETH held against 148,754.3 ETH in user accounts, resulting in a 148% ratio. USDC holdings recorded the highest increase, with 138.88 million USDC backing just over 51.44 million in user assets—a, a 270% reserve ratio. These numbers reflect a consistent strengthening in asset management and surplus reserves across the board since last month.

    The reserve data is generated using Merkle tree technology, with the June snapshot reflecting 27 layers and over 40 million individual asset records. This mechanism allows users to independently verify the existence and adequacy of reserves through Bitget’s open-source tool, MerkleValidator, available on GitHub.

    Bitget first implemented the Proof of Reserves mechanism in December 2022. Since then, the platform has maintained monthly updates to ensure full transparency and real-time assurance to its user base. Alongside PoR, Bitget also operates a US$600 million Protection Fund, aimed at enhancing user security by offering a safeguard in the event of extreme market conditions or unforeseen asset risks.

     “Maintaining reserves well above security, it’s about building infrastructure that can withstand volatility and maintain user trust during periods of uncertainty. Security is a design choice, and our reserve model shows a long-term approach to protecting users at all times,” said Gracy Chen, CEO at Bitget.

    With the June update showing stronger reserves across all major assets, Bitget continues to lead among centralized exchanges in publishing independent, verifiable, and surplus-backed Proof of Reserves.

    To check the updated proof-of-reserves, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9e8ef724-3fb7-4e02-8aa4-164d45ac15ad

    The MIL Network –

  • MIL-OSI: Canadian Life Companies Split Corp. Completes Overnight Offering

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) is pleased to announce it has completed the overnight offering of Preferred Shares and Class A Shares of the Company. Total gross proceeds of the offering were $40.0 million, bringing the Company’s net assets to approximately $217.9 million.

    The shares will begin trading on the Toronto Stock Exchange under the existing symbols of LFE.PR.B (Preferred Shares) and LFE (Class A Shares).

    The Preferred Shares were offered at a price of $10.55 per Preferred Share to yield 6.64% and the Class A Shares were offered at a price of $6.35 per Class A Share to yield 18.90%.

    The offering was led by National Bank Financial Inc.

    The net proceeds of the offering will be used by the Company to invest in an actively managed portfolio primarily consisting of four publicly traded Canadian life insurance companies as follows: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Investors should read the prospectus supplement to the Company’s short form base shelf prospectus dated May 1, 2024 before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Please read the Company’s publicly filed documents which are available at www.sedarplus.com.

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    www.lifesplit.com
    info@quadravest.com

    The MIL Network –

  • MIL-OSI Banking: Secretary-General of ASEAN meets with the Director-General of Casablanca Finance City (CFC)

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with Mr. Said Ibrahimi, Director-General of Casablanca Finance City (CFC), in Casablanca, Morocco, on 26 June 2025. SG Dr. Kao shared ASEAN’s progress in financial integration, financial inclusion, and sustainable finance and exchanged views on possible areas of cooperation with Morocco in financial sector.

    The post Secretary-General of ASEAN meets with the Director-General of Casablanca Finance City (CFC) appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Growth and local jobs top of the agenda as Cardiff Capital Region Investment Zone advances

    Source: United Kingdom – Government Statements

    Press release

    Growth and local jobs top of the agenda as Cardiff Capital Region Investment Zone advances

    Investment Zone to drive innovation and growth in advanced manufacturing, digital and technology sectors

    • Zone will develop semiconductor hub in Newport and science and tech park in Cardiff as part of the government’s transformative Industrial Strategy announced today
    • Expected to attract £500m private sector investment and create 4000 new jobs as part of the government’s Plan for Change

    The Cardiff Capital Region Investment Zone has taken a major step forward with the announcement of its industrial and key sites, giving a huge boost to regional investment and job creation.

    The Investment Zone – a joint initiative between the UK and Welsh Governments – will drive innovation and growth across the advanced manufacturing and digital and technology sectors, with a focus on the region’s world-class compound semiconductor cluster. 

    Backed by £160m of UK Government funding, the Zone will develop the semiconductor hub in Newport, where key businesses including KLA, IQE and Vishay are located, and develop a science and technology park to become the focus point for R&D activity and investment in Cardiff. 

    The Investment Zone – one of two planned for Wales – is expected to attract £500m of private sector investment, create 4000 new jobs and unlock 3m square feet of manufacturing, R&D and innovation capacity. 

    UK Minister for Building Safety, Fire and Local Growth Alex Norris said: 

    Unleashing the potential of our cities and regions is at the heart of the Industrial Strategy and the Plan for Change. 

    The Cardiff Capital Region Investment Zone Investment Zone, which we’re backing with £160m of funding, will build on the region’s industrial strengths to shape an exciting future for local people – creating new skilled jobs and driving economic growth locally and across Wales.

    Welsh Secretary Jo Stevens said:

    This step forward for the Cardiff Capital Region Investment Zone is a huge boost for the world-class business and industry within the area.

    It will drive growth, create 4,000 jobs and build on the talent and expertise that already exists in this part of Wales.

    Working alongside Welsh Government we are building the economy of the future and delivering for working people across the country.

    Welsh Government Cabinet Secretary for Economy, Energy and Planning, Rebecca Evans, said: 

    The Cardiff and Newport Investment Zone marks a transformative step forward for South East Wales and demonstrates our firm commitment to establishing the region as a global powerhouse in compound semiconductors.

    We will continue working closely with the South East Wales Corporate Joint Committee and the UK Government to build on the region’s strengths, attract significant private investment, strengthen regional partnerships and deliver real benefits that people across Wales will feel in their everyday lives.

    Cllr Mary Ann Brocklesby, Leader, Monmouthshire Council, and Chair, Cardiff Capital Region said: 

    This is a tremendous step forward for the Investment Zone. We look forward to building upon our strong industrial base and world-class research in semiconductors to drive innovation in emerging technologies, and fast-growing markets, whilst working together with UK and Welsh Government.

    By aligning our efforts with the region’s unique assets and fostering collaboration across sectors, we aim to create a dynamic environment where new ideas thrive, investment is attracted, and meaningful impact is delivered to people and places across the region.

    The news comes as part of the Industrial Strategy announcement today (Monday).

    As set out in the strategy, advanced manufacturing and digital and technology are two key growth-driving sectors.

    The news follows the confirmation of the industrial and geographic focuses of two Investment Zones in Scotland earlier this month, and the Wrexham and Flintshire Investment Zone earlier this year.

    ENDS

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Saudi Arabia: Concluding Statement of the 2025 Article IV Mission

    Source: IMF – News in Russian

    June 26, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    Washington, DC: Saudi Arabia’s economy has demonstrated strong resilience to shocks, with non-oil economic activities expanding, inflation contained, and unemployment reaching record-low levels. While lower oil proceeds and investment-linked imports led to the emergence of twin deficits, external and fiscal buffers remain ample. A higher-than-budgeted fiscal stance in 2025 remains appropriate to prevent procyclicality that could exacerbate the growth impact of lower oil prices. Addressing strong credit growth and associated funding pressures will be crucial in mitigating risks to systemic financial stability. Given the current heightened global uncertainty, continued efforts on structural reform are essential to sustain non-oil growth and drive economic diversification.

    RECENT ECONOMIC DEVELOPMENTS[1]

    Saudi Arabia’s economy has been resilient to shocks. In 2024, non-oil real GDP grew by 4.2 percent, primarily driven by private consumption and non-oil private investment, with retail, hospitality, and construction leading growth. Repeated extensions of the OPEC+ production cuts have kept oil output at 9 million barrels per day (mb/d)—the lowest level since 2011— resulting in a 4.4 percent decline in oil GDP and an overall real growth rate of 1.8 percent. The composite PMI indicates sustained activity in Q1 2025, with the latest Q1 GDP estimate showing non-oil activities expanding by 4.9 percent year-on-year.

    The labor market’s strong momentum continues. The unemployment rate for Saudi nationals has declined to a record low of 7 percent in 2024, surpassing the original Vision 2030 target, which has now been revised down to 5 percent. The improvement is broad-based, with both youth and female unemployment halved over a four-year period. Private sector employment surged by 12 percent on average in 2024, while public sector hiring continued to slow, reflecting a redeployment to non-government entities.

    Inflation is contained as rent inflation decelerates. Despite a small pick-up to 2.3 percent in April 2025, headline inflation remains low, helped by high real interest rates. Declining prices for transport and communication helped offset housing rent inflation, which has decelerated for the 6th consecutive month to 8.1 percent y-o-y (the lowest annual rise since February 2023). Real wages have remained stable, albeit with some pickup for highly skilled workers.   

    The current account shifted to a narrow deficit, transitioning from a surplus of 2.9 percent of GDP in 2023 to a deficit of 0.5 percent of GDP in 2024. This shift mainly reflects a decline in oil export proceeds, higher imports of machinery and equipment, and stronger remittance outflows—factors that more than offset a surge in tourism inflows. The current account deficit has been financed through external borrowing and reduced FX asset accumulation. As a result, the Saudi Central Bank’s (SAMA) net foreign assets (NFA) holdings stabilized at $415 billion by end-2024—equivalent to 15 months of imports and 187 percent of the IMF’s reserve adequacy metric. 

    While spending overruns increased the overall fiscal deficit, the fiscal stance—as measured by the non-oil primary balance—showed a slight improvement in 2024. Additional expenditures related to project financing—partly linked to an accelerated implementation of Vision 2030—and flat oil revenue widened the overall fiscal deficit to 2.5 percent of GDP, approximately 0.8 percentage points above the budgeted target. However, driven by stronger non-oil revenue, the non-oil primary deficit improved, decreasing by 0.6 percentage points of GDP in 2024 compared to 2023. Central government debt rose to 26.2 percent of GDP as Saudi Arabia became the largest emerging market dollar debt issuer in 2024. However, Saudi Arabia remains amongst the lowest indebted nation globally and net debt is relatively low at approximately 17 percent of GDP.

    ECONOMIC OUTLOOK AND RISKS

    Robust domestic demand—including from government-led projects—will continue to drive growth despite heightened global uncertainty and a weakened commodity price outlook. Non-oil real GDP growth is projected at 3.4 percent in 2025, about 0.8 percentage points lower than in 2024. This reflects the continued implementation of Vision 2030 projects through public and private investment, as well as strong credit growth, which would help sustain domestic demand and mitigate the impact of lower oil prices. The direct impact of rising global trade tensions is limited, as oil products—comprising 78 percent of Saudi Arabia’s goods exports to the U.S. in 2024—are exempt from U.S. tariffs, while non-oil exports to the U.S. only account for 3.4 percent of Saudi Arabia’s total non-oil exports. Over the medium term, domestic demand—including momentum ahead of Saudi Arabia’s hosting of large-scale international events—is expected to push non-oil growth closer to 4 percent in 2027 before stabilizing at 3.5 percent by 2030. Supported by the OPEC+ production cut phase-out schedule, overall GDP growth will accelerate to 3.5 percent in 2025 and 3.9 percent in 2026 before stabilizing at approximately 3.3 percent over the medium term.

    Inflation would remain anchored around 2 percent, supported by a credible peg to the U.S. dollar, domestic subsidies, and an elastic supply of expatriate labor, notwithstanding a projected moderate positive output gap over the medium term. Imported inflation from increased tariffs worldwide is expected to remain contained.

    The external position will weaken. Investment-linked imports and remittance outflows from an expanding expatriate labor force are expected to widen the current account deficit, which is projected to peak at about 3.9 percent of GDP by 2027 before converging to about 3.4 percent of GDP in 2030. Rising non-oil exports and robust inbound tourism will have a partial offsetting effect. The deficit will be increasingly financed through deposit drawdowns, less FX asset accumulation abroad, and external borrowing. International reserve coverage would remain adequate at about 11-12 month import coverage over the medium term, with foreign assets held by the Public Investment Fund (PIF) and other government-related entities offering strong additional buffers.

    Risks to the outlook are mainly to the downside. Weaker oil demand, driven by heightened uncertainty, an escalation of global trade tensions, and deepening geoeconomic fragmentation could dampen oil proceeds. This, in turn, would lead to higher fiscal deficits and debt and costlier financing. An abrupt decrease in spending by the government (including projects recalibration below its baseline) or a slowdown in reform implementation in response to lower oil prices could further hinder private investment growth. Conversely, higher-than-expected oil production/prices and accelerated implementation of reforms could yield stronger or earlier-than-expected growth dividends.

    POLICIES

    Fiscal Policy

    The 2025 fiscal stance—resulting in a deficit twice the budget target—remains appropriate. Given past overruns and the ongoing transformational projects tied to Vision 2030, staff anticipates higher current expenditures than budgeted. Combined with lower oil prices and minimal performance-linked dividends from Aramco, this will bring the overall fiscal deficit to 4.3 percent of GDP. However, this outcome still represents a 3.6 percentage points of non-oil GDP improvement in the non-oil primary balance, effectively frontloading part of the adjustment required by 2030 to uphold intergenerational equity. Given the upfront adjustment and ample fiscal buffers available, staff believes that additional spending restraint in 2025—triggered by lower-than-budgeted oil prices—is not necessary as it would make fiscal policy procyclical and exacerbate the impact on growth.

    Over the medium term, the overall fiscal deficit is expected to narrow. After peaking at 4.3 percent of GDP in 2025, it will decline to approximately 3.3 percent of GDP by 2030, driven by ongoing wage bill containment and spending efficiency measures. Under this baseline scenario, the non-oil primary deficit would shrink by about 4.2 percent of non-oil GDP from 2025 to 2030. The fiscal deficit would primarily be financed by borrowing, including through debt issuances, syndicated loans or facilities from export credit agencies, leading to an increase in the public debt-to-GDP ratio to about 42 percent by 2030.

    A gradual fiscal consolidation will remain necessary over the medium term to achieve intergenerational equity. To avoid disruptive adjustments and build buffers, an additional 3.3 percent of non-oil GDP must be generated over the 2026-30 period, mainly through:

    • Non-oil revenue mobilization. Plans to increase the tax rate on underdeveloped land, introduce a tax on vacant land, and broadening the VAT base (e.g., for e-commerce transactions) are welcome. Additional efforts—including through new tax policy measures and continued efforts to strengthen revenue administration—would be needed. The temporary tax penalty waiver introduced repeatedly since Covid, should not be renewed when it expires in June as it fuels moral hazard and could undermine compliance.
    • Removing energy subsidies. Staff welcomes the ongoing energy price adjustments—including a doubling of diesel prices since January 2024—which combined with lower international oil prices have reduced fuel subsidies to 3½ percent of GDP (down from 5½ percent in 2022). With retail fuel prices closer to international oil prices and the envisaged scaling up of the well-targeted Damaan social support program, efforts should be accelerated to reduce energy subsidies, including by removing the cap on gasoline prices.
    • Rationalizing other spending. The mission welcomes ongoing spending reviews—including recent assessments on project execution by various government entities—to identify areas for potential savings and efficiency gains. Further rationalization should prioritize reducing current expenditures with a low fiscal multiplier, while preserving medium-term, growth-enhancing infrastructure plans. Greater transparency on how spending prioritization and recalibration aligns with the authorities’ announced investment plans will support investor confidence.

    Given the high global uncertainty, staff welcomes the authorities’ contingency planning to safeguard fiscal sustainability in the event of a severe shock. In a scenario where oil prices decline significantly, a more aggressive fiscal consolidation strategy would be necessary. Identifying and prioritizing projects that can be extended or cut, if further adjustments are required, represents a prudent approach to maintaining fiscal sustainability. Staff recommends a partial drawdown of fiscal buffers in the event of a temporary oil price shock, which would help smooth the transition to a steady state and mitigate the impact of short-term oil price fluctuations.

    Sustaining the authorities’ ongoing efforts to strengthen fiscal institutions will be crucial in supporting the fiscal adjustment and Saudi Arabia’s Vision 2030 objectives. Enhancing the Medium-Term Fiscal Framework remains a priority, particularly through better integration of its multiyear projections into annual budget preparations to align spending ceilings with fiscal forecasts, including commitments from multi-year contracts. Operationalizing and ensuring compliance with an expenditure-based fiscal rule would help anchor the fiscal stance over the medium term.

    Prudent debt management and a proper sovereign asset liability management (SALM) framework becomes increasingly important in a lower oil price environment. The mission encourages the authorities to assess the complex trade-offs between making greater use of central government deposits (currently at around 9¼ percent of GDP) and new bond issuances. The mission also supports the ongoing efforts toward operationalizing a comprehensive SALM framework to enhance the oversight of sovereign balance sheet exposures, which publication alongside the budget statement would support the drive for greater transparency and provide additional tools for fiscal policy analysis and formulation. Additionally, contingent liabilities—such as financing obligations for giga projects, debt guarantees, and Public-Private Partnerships—should be closely monitored.

    Monetary and Exchange Rate Policy

    SAMA has continued to refine its liquidity management framework to help reduce  overall liquidity volatility. Bank funding conditions in Saudi Arabia are influenced by persistently strong double-digit credit growth, with periodic spikes in the SAIBOR-SOFR spread reflecting episodes of liquidity pressures. SAMA’s standard market-based monetary operations should continue to remain focused on smoothing short-term liquidity imbalances without fueling asset/credit growth. The recent data-sharing arrangement between SAMA and the Ministry of Finance regarding expected government transactions is anticipated to improve the accuracy of liquidity forecasting and should be effectively implemented. Additionally, further enhancements to the reserve requirement framework would strengthen effective liquidity management and monetary policy transmission.

    The currency peg to the U.S. dollar remains appropriate. It has provided a credible anchor for monetary policy and is backed by ample external buffers. With an open capital account, it is essential that SAMA’s policy rate continues to align with the Fed’s policy rate.

    Financial Sector Policies

    The banking sector remains resilient, demonstrating strong capitalization and profitability despite rising funding costs. As of end-2024, the sector’s solvency ratio stood at 19.6 percent. Despite higher funding costs—driven by the increasing share of time and saving deposits—bank profitability is high, with an average return on assets of 2.2 percent in 2024. Non-performing loans have reached their lowest levels since 2016, reinforcing overall financial stability. Liquidity indicators are adequate and within regulatory thresholds, although the ratio of liquid assets to short-term liabilities has been declining, and the regulatory loan-to-deposit ratio has been on an upward trend.

    Strong credit growth is leading to funding pressures and a change in the funding mix of Saudi banks. As credit growth—mostly to corporates and for mortgages—outpaces deposit growth, banks diversify their liabilities by increasing reliance on other forms of financing, especially external borrowings in the form of bonds, bilateral or syndicated loans, and certificates of deposit. High external borrowing turned banks’ Net Foreign Assets (NFA) negative in 2024 for the first time since 1993. This trend is expected to continue in the near term as several banks are in the process of securing additional external funding. However, banks’ exposure to foreign exchange risk remains low.

    Addressing strong credit growth and associated funding pressures would help mitigate risks to systemic financial stability. The mission welcomes SAMA’s ongoing efforts to review its existing prudential toolkits to counter risks stemming from persistent double-digit credit growth amid a credit-to-deposit growth gap and the increased resort to short-term external wholesale funding. As loan demand is expected to remain high relative to deposit-based funding, setting prudential requirements commensurate with the evolving risks is essential. In that regard, the mission welcomes the introduction in May 2025 of a 100 basis points countercyclical capital buffer, which will be effective within a year. Vulnerabilities would be further mitigated by: (i) narrowing loan-to-value and debt burden ratios, which remain elevated relative to international standards; and (ii) tightening loan-to-deposit ratio to discourage excessive short-term foreign exchange funding. The mission welcomes SAMA’s proactive approach to monitoring the Liquidity Coverage Ratio and Net Stable Funding Ratio in foreign currency and encourages consideration of setting these ratios as regulatory requirements, should circumstances warrant.

    SAMA’s continued efforts to enhance regulatory and supervisory frameworks are commendable. The new Banking Law has been submitted for legislative approval, a risk-based supervisory framework is being refined, and a monitoring system has been introduced for large construction and infrastructure projects. Additionally, SAMA’s bank resolution function is being operationalized. The authorities have also made good progress in establishing a crisis management framework that includes an emergency liquidity assistance framework, which should be completed without undue delay. Furthermore, improvements in enhancing the effectiveness of AML/CFT supervision—including through thematic inspections—are welcome.

    Deepening the capital market is essential to help diversify funding and reduce reliance on bank financing. Although the capital market remains dominated by the large government-related issuers and the trading volumes are low, the recent and ongoing initiatives, such as the Investment Law that came into effect in February 2025 and the ongoing pension and savings reforms, should improve market liquidity and increase foreign participation in the Saudi capital markets. Greater use of asset-backed securities will create a new asset class and contribute to expanding funding in the banking system. The deepening of the domestic capital markets would also help improve the monetary policy transmission mechanism.

    Structural Policies

    The current environment of heightened uncertainty underscores the importance of continued structural reform efforts to sustain non-oil growth and economic diversification. Since 2016, Saudi Arabia has implemented significant and wide-ranging reforms, particularly in business regulations, governance, labor and capital markets. Several new laws that took effect in 2025—including the updated Investment Law, Labor Law amendments, and the new Commercial Registration Law—will enhance contractual certainty for investors and businesses, while also supporting productivity gains.

    The reform momentum should continue irrespective of oil price developments. Ongoing work to strengthen the anti-corruption framework—including by building on the recent Ultimate Beneficial Ownership Rules and By Laws of Nazaha—remains crucial. Equally important is enhancing human capital by aligning the skills of Saudi nationals with evolving labor market needs, improving access to finance and fostering digitalization, all of which are key to advancing the Kingdom’s economic diversification goals that are further enhanced with the integration of AI in government services. In addition to stronger fiscal institutions, pursuing these reforms will help Saudi Arabia build further resilience to oil price volatility.

    Targeted interventions through industrial policies should complement—not replace— structural reforms and must avoid crowding out private sector investment. Interventions by the PIF and public entities should continue to focus on areas where private investment is limited, market failures exist, or where they can play a catalytic role in attracting private capital, rather than potentially displacing domestic and foreign investors.  Industrial Policies should have clear exit criteria, claw-back mechanisms, and sunset clauses, to ensure they do not remain in place beyond their intended objective.

    **************************

    The mission team would like to thank the Saudi Arabian authorities and the people they met outside the government sector for their close collaboration, candid and informative discussions, and warm hospitality.

    [1] Numbers referred in percent of GDP are based on the authorities’ new rebasing GDP published in May 2025. The new methodological update is generally consistent with international best practices and the UN’s system of national accounts,

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Wafa Amr

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

    https://www.imf.org/en/News/Articles/2025/06/25/saudi-arabia-concluding-statement-of-the-2025-article-iv-mission

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI: KraneShares KOID ETF: Humanoid Robot Rings Nasdaq Opening Bell

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) — Krane Funds Advisors, LLC (“KraneShares”), a global asset management firm recognized for its innovative investment solutions, celebrated the launch of the KraneShares Global Humanoid and Embodied Intelligence Index ETF (Ticker: KOID). The historic event featured the first-ever humanoid robot to ring the iconic Nasdaq Opening Bell.

    “We are thrilled to bring the first humanoid to ring the opening bell at Nasdaq to celebrate our Global Humanoid ETF: KOID,” said Jonathan Krane, CEO of KraneShares. “This event is a testament to the rapid advancements in robotics and artificial intelligence that could transform our world.”

    Humanoid robots are already demonstrating impressive performance in human tasks in both factory and home settings. The Morgan Stanley Global Humanoid Model projects that there could be 1 billion humanoids and $5 trillion in annual revenue by 2050.1

    “Today’s historic bell ringing by a humanoid robot marks a new era for investing in robotics and AI,” said Giang Bui, Head of Equities and ETFs at Nasdaq. “Nasdaq is proud to support KraneShares and the launch of KOID as we celebrate innovation at the heart of global finance.”

    The humanoid robot featured in the bell-ringing ceremony is the Unitree G1 Ultimate, supplied by RoboStore, the official partner of Unitree. RoboStore has been collaborating with Unitree for several years to drive the distribution and development of robotics within the U.S. education system.

    “Robotics, especially humanoids, are on the verge of widespread adoption. The people accelerating this shift include educators and research teams like OpenMind, a Stanford-based group developing open-source robotics software,” said Teddy Haggerty, a representative from RoboStore. “Our goal at RoboStore is to get this technology into the hands of major universities, empowering the next generation of innovators.”

    RoboStore and OpenMind jointly customized the robot, named “Iris,” for the occasion. Iris runs on OM1, OpenMind’s open-source operating system for embodied artificial intelligence, demonstrating advanced autonomy and human interaction. OM1 is set to be integrated into educational curricula nationwide through RoboStore’s programs.

    The Nasdaq Opening Bell Ringing by a Humanoid Robot was a first for the exchange and a testament to the growing impact of robotics across industries.

    For more information on the KraneShares Global Humanoid and Embodied Intelligence Index ETF (Ticker: KOID), please visit https://kraneshares.com/koid or consult your financial advisor.

    About KraneShares

    KraneShares is a specialist investment manager focused on China, Climate, and Alternatives. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners’ deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

    Citations:

    1. “Humanoids: 1bn Robots and $5tn Revenues by 2050, China is in Pole Position” Morgan Stanley Research, 4/28/2025.

    Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting www.kraneshares.com/koid. Read the prospectus carefully before investing.

    Risk Disclosures:

    Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

    This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

    The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

    AI-exposed companies face profitability challenges due to high research costs, competition, IP reliance, and regulatory risk. Product failures or safety concerns could be detrimental. Identifying AI companies accurately is complex. Tech firms face risks of product failure, obsolescence, regulatory impact, and uncertain profitability due to technological advancements and government policies. Certain tech investments may lack current profitability and future success is uncertain. The Fund is subject to non-U.S. issuers risk, which may be less liquid than investments in U.S. issuers, may have less governmental regulation and oversight, are typically subject to different investor protection standards than U.S. issuers, and the economic instability of the non-U.S. countries. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. The Fund may invest in Initial Public Offerings (IPOs). Securities issued in IPOs have no trading history, and information about the companies may be available for very limited periods. In addition, the prices of securities sold in IPOs may be highly volatile. In addition, as the Fund increases in size, the impact of IPOs on the Fund’s performance will generally decrease.

    Neither MerQube, Inc. nor any of its affiliates (collectively, “MerQube”) is the issuer or producer of KraneShares Global Humanoid & Embodied Intelligence Index ETF (the “Fund”) and MerQube has no duties, responsibilities, or obligations to investors in The Fund. The index underlying the The Fund is a product of MerQube and has been licensed for use by Krane Funds Advisors, LLC and its affiliates. Such index is calculated using, among other things, market data or other information (“Input Data”) from one or more sources (each a “Data Provider”). MerQube® is a registered trademark of MerQube, Inc. These trademarks have been licensed for certain purposes by Krane Funds Advisors, LLC and its affiliates in its capacity as the issuer of the The Fund. The Fund is not sponsored, endorsed, sold or promoted by MerQube, any Data Provider, or any other third party, and none of such parties make any representation regarding the advisability of investing in securities generally or in The Fund particularly, nor do they have any liability for any errors, omissions, or interruptions of the Input Data, MerQube Global Humanoid and Embodied Intelligence Index, or any associated data. Neither MerQube nor the Data Providers make any representation or warranty, express or implied, to the owners of the shares of The Fund or to any member of the public, of any kind, including regarding the ability of the MerQube Global Humanoid and Embodied Intelligence Index to track market performance or any asset class. The MerQube Global Humanoid and Embodied Intelligence Index is determined, composed and calculated by MerQube without regard to Krane Funds Advisors, LLC and its affiliates or the The Fund. MerQube and Data Providers have no obligation to take the needs of Krane Funds Advisors, LLC and its affiliates or the owners of The Fund into consideration in determining, composing or calculating the MerQube Global Humanoid and Embodied Intelligence Index. Neither MerQube nor any Data Provider is responsible for and have not participated in the determination of the prices or amount of The Fund or the timing of the issuance or sale of The Fund or in the determination or calculation of the equation by which The Fund is to be converted into cash, surrendered or redeemed, as the case may be. MerQube and Data Providers have no obligation or liability in connection with the administration, marketing or trading of The Fund. There is no assurance that investment products based on the MerQube Global Humanoid and Embodied Intelligence Index will accurately track index performance or provide positive investment returns. MerQube is not an investment advisor. Inclusion of a security within an index is not a recommendation by MerQube to buy, sell, or hold such security, nor is it considered to be investment advice.

    NEITHER MERQUBE NOR ANY OTHER DATA PROVIDER GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE MERQUBE GLOBAL HUMANOID AND EMBODIED INTELLIGENCE INDEX OR ANY DATA RELATED THERETO (INCLUDING DATA INPUTS) OR ANY COMMUNICATION WITH RESPECT THERETO. NEITHER MERQUBE NOR ANY OTHER DATA PROVIDERS SHALL BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. MERQUBE AND ITS DATA PROVIDERS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND THEY EXPRESSLY DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY KRANE FUNDS ADVISORS, LLC AND ITS AFFILIATES, OWNERS OF THE THE FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MERQUBE GLOBAL HUMANOID AND EMBODIED INTELLIGENCE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL MERQUBE OR DATA PROVIDERS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THE FOREGOING REFERENCES TO “MERQUBE” AND/OR “DATA PROVIDER” SHALL BE CONSTRUED TO INCLUDE ANY AND ALL SERVICE PROVIDERS, CONTRACTORS, EMPLOYEES, AGENTS, AND AUTHORIZED REPRESENTATIVES OF THE REFERENCED PARTY.

    Large capitalization companies may struggle to adapt fast, impacting their growth compared to smaller firms, especially in expansive times. This could result in lower stock returns than investing in smaller and mid-sized companies. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. The Fund is new and does not yet have a significant number of shares outstanding. If the Fund does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration.

    A large number of shares of the Fund are held by a single shareholder or a small group of shareholders. Redemptions from these shareholders can harm Fund performance, especially in declining markets, leading to forced sales at disadvantageous prices, increased costs, and adverse tax effects for remaining shareholders. KOID is non-diversified.

    ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

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    Contact:
    KraneShares Investor Relations
    info@kraneshares.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ceb61dcd-df25-411a-a2fb-a19d618441cc

    The MIL Network –

  • MIL-OSI: 3D Systems Advances Regenerative Medical Solutions for First-of-its-Kind Peripheral Nerve Repair

    Source: GlobeNewswire (MIL-OSI)

    • Collaboration with French MedTech company, TISSIUM, has resulted in FDA approval for unique 3D-printed polymeric solution for repair of peripheral nerve damage
    • 3D Systems’ bioprinting system enabled production of a 3D-printed bioabsorbable medical device leveraging TISSIUM’s proprietary biomorphic programable polymers—a major industry milestone that sets new standard for high resolution elastomeric 3D-printed medical implants
    • Builds on 3D Systems’ pioneering work to develop additive manufacturing solutions for regenerative medicine applications
    • 3D Systems’ solutions accelerating additive manufacturing use in bioprinting—total market anticipated to reach more than $2 billion by end of 2029

    ROCK HILL, South Carolina, June 26, 2025 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE: DDD) announced that its 3D bioprinting technologies have enabled FDA approval for the regenerative repair of peripheral nerve damage. For the last several years, 3D Systems has partnered with TISSIUM, a French MedTech company that is a pioneer in the development of biomorphic programmable polymers for tissue reconstruction, to develop a bespoke 3D printing solution for the repair of damaged peripheral nerves. Combining TISSIUM’s expertise and proprietary biomorphic programable polymers with 3D Systems’ ground-breaking regenerative medicine bioprinting technologies has resulted in the successful development of a fully bioabsorbable 3D-printed medical device for nerve repair utilizing a unique photopolymer. This device, called COAPTIUM® CONNECT with TISSIUM Light, is a first-of-its-kind, atraumatic, sutureless solution for the repair of peripheral nerves. Earlier this week, TISSIUM announced that the U.S. Food and Drug Administration (FDA) has granted De Novo marketing authorization for this solution. This milestone validates the polymer’s clinical potential and paves the way for its use across a broad spectrum of transformative applications. Its unique polymer characteristics enable the production of high-resolution, elastomeric biodegradable implants that are unique in the industry.

    “This is a significant advancement in patient care,” said Scott Turner, vice president, advanced systems, 3D Systems. “It has been tremendously rewarding to work alongside the talented team at TISSIUM to design a complete 3D bioprinted solution that offers the potential for patients to recover from peripheral nerve damage. I truly believe this will redefine treatment paradigms and offer hope to individuals that have suffered from the effects of nerve damage in regaining their quality of life.”

    This milestone is yet another proof point of 3D Systems’ nearly decade-long leadership position in bioprinting. In 2017, 3D Systems entered into a joint development program with United Therapeutics Corporation, the goal of which is to establish an unlimited supply of human lungs, requiring no immunosuppression, allowing all patients with end-stage lung disease to receive transplants which will enable them to enjoy long and active lives. 3D Systems has focused primarily on establishing the 3D printing technology to produce scaffolds meeting the extreme precision and resolution requirements for a functional human lung and to do so in a manner that yields the physical, mechanical, and biocompatibility performance to influence cell behavior and reproduction required for extended use in the human body. Its Print to Perfusion™ process enables 3D printing of high-resolution scaffolds, which can be perfused with living cells to create tissues. Through the combination of bioprinting technology, biocompatible 3D printing materials, and a broad range of cell types including patient-derived cells, the Company’s biomedical engineers can construct patient-specific living tissues.

    “Over the past several years, we have made phenomenal progress building upon Chuck Hull’s invention of 3D printing, and pushing its capabilities into new frontiers,” said Dr. Jeffrey Graves, president & CEO, 3D Systems. “Whether in our medical device business through the production of patient-specific implants and surgical solutions, or through the work our regenerative medicine team is doing, 3D Systems is making a profound impact not only on how healthcare is delivered, but on the quality of patients’ lives, and continues to solidify what I believe is an unparalleled role we play in advancing medicine with additive manufacturing applications. This latest accomplishment by TISSIUM, enabled by our unique 3D printing technology, is one more example of how 3D Systems is transforming patient care for a better future.”

    According to Markets and Markets1, the global 3D bioprinting market was valued at $1.3 billion in 2024, and is expected to reach $2.4 billion in 2029. Nearly 40 years ago, 3D Systems created the innovation of 3D printing and reimagined the approaches and processes for product development, parts manufacturing, and personalized healthcare through additive manufacturing solutions. The Company’s additive manufacturing solutions are transforming how healthcare is delivered. As a pioneer in personalized healthcare solutions, 3D Systems has worked with surgeons for over a decade to plan more than 150,000 patient-specific cases and additively manufacture more than two million implants and instruments for 100+ CE-marked and FDA-cleared devices from its world-class, FDA-registered, ISO 13485-certified facilities in Littleton, Colorado, and Leuven, Belgium. 3D Systems is leveraging this experience to innovate bioprinting technologies to transform patient care. By enabling the fabrication of living tissues, the Company believes its bioprinting technology will unlock the promise and potential — to develop new therapeutics, and to improve patient lives.

    Forward-Looking Statements
    Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.

    About 3D Systems
    For nearly 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com.

    Investor Contact: investor.relations@3dsystems.com
    Media Contact: press@3dsystems.com

    1 Markets and Markets, 3D Bioprinting Market: Growth, Size, Share, and Trends (May 2024).

    The MIL Network –

  • MIL-OSI: Increasing Adoption of Drones in Commercial Sectors Leading to a Revolution in Big Data Cloud Services

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 26, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The increasing adoption of drones in commercial sectors is leading to a revolution in big data cloud services. Launching a drone to capture images is the preliminary step in the drone information acquisition process. The captured images then require correction, calibration, processing, storage, and efficient evaluation. The increasing need to evaluate imagery is a key factor driving the adoption of drone imagery software and cloud-based applications, which possess the ability to upload, share, store, and process aerial images. Moreover, there has been a steep increase in the use of cloud-based in-memory computing platform amongst businesses as it accelerates analytics, processes, and predictive capabilities. The global drone data service market size is expected to reach USD 15.05 billion by 2030, expanding at a CAGR of 39.0% through 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing usage of information acquired by drones in operational and big data analytics. The increasing need for UAV imagery analysis is presumed to impact the global drone imagery processing software industry positively and add a new horizon in imagery storage technologies. The report said: “By gathering information on a larger scale, service providers can now process unprecedented levels of detailed information and turn it into actionable information. UAV companies, such as PrecisionHawk, are transforming their business processes to enhance their focus on drone data processing rather than UAV manufacturing.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), Safe Pro Group Inc. (NASDAQ: SPAI), Teledyne Technologies Incorporated (NYSE: TDY), and AgEagle Aerial Systems Inc. (NYSE: UAVS).

    The article continued: The global drone data service market size is expected to reach USD 15.05 billion by 2030, expanding at a CAGR of 39.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the growing usage of information acquired by drones in operational and big data analytics. The increasing need for UAV imagery analysis is presumed to impact the global drone imagery processing software industry positively and add a new horizon in imagery storage technologies. The increasing adoption of drones in commercial sectors is leading to a revolution in big data cloud services. Launching a drone to capture images is the preliminary step in the drone information acquisition process. The captured images then require correction, calibration, processing, storage, and efficient evaluation.

    ZenaTech (NASDAQ:ZENA) Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, announces it has signed an offer to acquire a well-established North Carolina-based land surveying company with a strong government customer base. The proposed acquisition expands operations in the state when combined with a previously announced proposed land survey acquisition with operations in North Carolina. With over three decades of success serving government agencies, municipal governments, construction companies, and real estate developers, this strategic acquisition would significantly advance the company’s regional market penetration as well as growth in the US Southeast.

    “This proposed acquisition aligns with our strategy to build a robust, scalable, national Drone as a Service business while empowering strong regional and local hubs and recurring revenue opportunities,” said Shaun Passley, Ph.D., ZenaTech CEO. “We plan to embed AI-powered drone technology into critical land survey workflows providing unparalleled speed and precision. Land surveys are a first step to innovating multiple legacy businesses and inefficient processes with our DaaS model and our drones.”

    The land survey company offers comprehensive services include boundary surveys, topographic and site planning surveys, ALTA (American Land Title Association) / ACSM (American Congress on Surveying and Mapping) surveys, construction staking, and other essential survey solutions for permitting, financing, and construction across city, county, and commercial sectors.

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

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

    Other recent developments in the markets include:

    TB2 Aerospace LLC, in collaboration with Draganfly Inc. (NASDAQ: DPRO), a drone solutions, and systems developer, recently said it is proud to announce the successful deployment and performance of the Drone Recharging Operational Payload System (DROPS) during the U.S. Army’s Sustainment Modernization Experiment 2025 (SMEX25).

    Throughout SMEX25’s week-long field exercises, the DROPS system, integrated with Draganfly’s Commander 3XL, achieved a 100% success rate in autonomously deploying, recovering, and recharging TB2’s tactical resupply pods. The event provided an opportunity to validate real-world operational performance in austere and high-demand scenarios, drawing praise from defence evaluators and technology observers alike.

    “The successful deployment of DROPS at SMEX25 underscores our commitment to advancing autonomous logistics solutions,” said Hank Scott, CEO of TB2 Aerospace. “Our system’s performance in a live operational environment validates its potential to revolutionize military tactical resupply and contested logistics.”

    Safe Pro Group Inc. (NASDAQ: SPAI), a leader in AI-powered security solutions, is honored to recently be featured in a recent investigative piece by Grist Magazine, titled “How 3 Years of War Have Ravaged Ukraine’s Forests, and the People Who Depend on Them.”

    Safe Pro AI is helping lead a critical technological response to one of the war’s deadliest and most enduring legacies: land mines and unexploded ordnance (UXO). Utilizing AI and drone-based remote sensing, Safe Pro is working alongside humanitarian organizations and government partners to rapidly detect, map, and facilitate the safer and more efficient removal of UXO. This technology can be especially valuable in areas where land mines have triggered catastrophic wildfires, endangering both people and the environment. According to a report published by the United Nations Economic Commission for Europe, Ukraine has experienced profound socio-economic disruption due to the conflict’s impact on key sectors including timber production with losses amounting to approximately €447.73 million. The primary damages involve the destruction of infrastructure, equipment, and substantial harm to protected natural areas, estimated at over €2.3 billion. Restoring this potential will require considerable effort and resources.

    Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE: TDY) recently announced that its Black Hornet® 4 Personal Reconnaissance System has successfully completed the required NDAA and cyber security verification process and been approved for the Blue UAS List with an Authority to Operate.

    Led by the Defense Innovation Unit (DIU), Blue UAS vets and verifies commercial drone technology for the Department of Defense and U.S. government. The Blue UAS List gives users access to a wide range of drone systems that can meet their diverse needs. In February, Teledyne FLIR announced that Black Hornet 4 was selected by DoD operators from among more than 35 uncrewed aerial system (UAS) products, all rigorously tested during DIU’s ‘Blue UAS Refresh’ event.

    “We are honored to see Black Hornet 4 added to the Blue UAS List, knowing that more operators across our military and federal government will be able to benefit from this one-of-a-kind drone and its distinct capabilities,” said Dr. JihFen Lei, president of Teledyne FLIR Defense. “DIU is filling a critical national need in meeting mission requirements by executing a more expansive Blue UAS program, and we have valued our partnership with them throughout the verification process.”

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

    The eBee X, AgEagle’s flagship fixed-wing mapping drone, is engineered for high-precision geospatial data collection and is ideally suited for applications including surveying, mapping, and photogrammetry. This latest sale builds on a well-established fleet, further strengthening AgEagle’s reputation as a trusted provider of cutting-edge unmanned aerial systems.

    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

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    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 has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. 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 –

  • MIL-OSI: VERB’s MARKET.live Tapped to Produce Walmart Livestream for Popular Wellness Brand BelliWelli

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today announced its MARKET.live division will produce and host a high-profile Walmart livestream shopping event for gut-health brand BelliWelli.

    The exclusive livestream will air on Walmart.com on Tuesday, July 1, 2025, at 4:00 PM PT, marking BelliWelli’s debut on the platform. The event will be broadcast live from MARKET.live Studios in Los Alamitos, California, utilizing MARKET’s full-service technical production team to deliver a premium livestream shopping experience.

    Katie Wilson, Founder and CEO of BelliWelli, tapped MARKET.live to work with TalkShop Live who has traditionally produced Walmart livestream shopping events. Ms. Wilson will appear live from the MARKET.live studios for the event.

    “We’ve worked with the MARKET.live team before and they always bring the energy, creativity, and technical excellence we need to execute big moments,” said Katie Wilson. “I couldn’t be more excited to bring our Walmart audience along for this exclusive launch — especially with a surprise mystery flavor!”

    “We’re thrilled to support BelliWelli’s Walmart launch by producing the top-tier livestream experience our MARKET.live studio team delivers,” said Rory J. Cutaia, CEO of VERB. “This event with Walmart and BelliWelli is just part of the unprecedented ongoing growth our business is currently experiencing and reinforces our position as the go-to destination for brands looking to scale through interactive video social commerce.”

    The event is part of a growing trend in retail, as major brands and retailers turn to livestream shopping to increase engagement and conversion rates, creating a more dynamic and personalized customer experience. 

    About VERB

    Verb Technology Company, Inc. (Nasdaq: VERB), is transforming the landscape of social commerce, social telehealth and social crowdfunding with MARKET.live, LyveCom, VANITYPrescribed, GoodGirlRx, and the GO FUND YOURSELF TV Show. The Company operates multiple business units, each of which leverages the Company’s social commerce technology and video marketing expertise.

    MARKET.live, together with recently acquired AI social commerce technology innovator LyveCom, is a multi-vendor, livestream social shopping platform that allows brands and merchants to deliver a true omnichannel livestream shopping experience across their own websites, apps, and social platforms. Advanced AI capabilities power real-time user-generated-content creation, automated video content repurposing for high conversion video ads, and AI-powered virtual live shopping hosts that are virtually indistinguishable from human hosts, capable of real-time audience engagement. Brands utilize the Company’s proprietary AI model trained on tens of thousands of video commerce interactions to automate content creation and intelligent tools designed to optimize merchandising strategies and increase conversion rates.

    GO FUND YOURSELF TV Show is a revolutionary interactive social crowd funding platform for public and private companies seeking broad-based exposure for their crowd-funded Regulation CF and Regulation A offerings. The platform combines a ground-breaking interactive national TV show with MARKET.live’s back-end capabilities allowing viewers to tap, scan or click on their screen to facilitate an investment, in real time, as they watch companies presenting before the show’s panel of “Titans”. Presenting companies that sell consumer products are able to offer their products directly to viewers during the show in real time through shoppable onscreen icons.

    VANITYPrescribed.com and GoodGirlRx.com are telehealth portals, intended to redefine telehealth by offering a seamless, digital-first experience that empowers individuals to take control of their healthcare needs. They were designed and developed to disrupt the traditional healthcare model by providing tailored healthcare solutions at affordable, fixed prices – without hidden fees, membership costs, or inflated pharmaceutical markups. GoodGirlRx.com, a partnership with Savannah Chrisley, a well-known lifestyle personality and advocate for health and wellness, offers customers access to convenient, no-hassle telehealth services and pharmaceuticals, including the new weight-loss drugs, with fixed pricing regardless of dosage, breaking away from the industry’s traditional model of excessive pricing and pharmaceutical gatekeeping. 

    The Company is headquartered in Las Vegas, NV and operates full-service production and creator studios in the Los Angeles, California vicinity.

    For more information, please visit: www.verb.tech 

    Follow VERB here: 
    Facebook: https://www.facebook.com/VerbTechCo 
    X: https://twitter.com/VerbTech_Co 
    LinkedIn: https://www.linkedin.com/company/verb-tech 
    YouTube: https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQ 
    Sign up for E-mail Alerts here: https://ir.verb.tech/news-events/email-alerts

    FORWARD-LOOKING STATEMENTS
    Statements contained in this press release that are not statements of historical fact are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, these forward-looking statements can be identified by words such as “anticipate,” “designed,” “expect,” “may,” “will,” “should” and other comparable terms. Forward-looking statements include statements regarding VERB’s intentions, beliefs, projections, outlook, analyses or current expectations and the other risk factors and other cautionary statements included in VERB’s Annual Report on Form 10-K for the year ended December 31, 2024, and its subsequent filings with the Securities and Exchange Commission, including subsequent periodic reports on Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. All forward-looking statements made in this press release speak only as of the date of this press release and are based on management’s assumptions and estimates as of such date. Except as required by law, VERB undertakes no obligation to update or revise forward-looking statements to reflect new information, future events, changed conditions or otherwise after the date of this press release.

    Investor Relations Contact: investors@verb.tech 
    Media Contact: info@verb.tech 

    The MIL Network –

  • MIL-OSI: GraniteShares Announces Weekly Distributions For YieldBOOST ETFs

    Source: GlobeNewswire (MIL-OSI)

    New York, June 26, 2025 (GLOBE NEWSWIRE) — GraniteShares, a leading innovator in exchange-traded funds (ETFs), is pleased to announce the weekly distribution amounts for YieldBOOST ETFs. Designed with the goal of providing investors with enhanced income opportunities, the YieldBOOST suite of ETFs employs an options strategy to generate current income while offering indirect exposure to major equities, indices, and Bitcoin.

    The following table outlines the weekly distribution amounts for each YieldBOOST ETF:

    Ticker Fund Name Ex-Date Payment Date Distribution Per Share Return of Capital Contribution
    TSYY GraniteShares YieldBOOST TSLA ETF 6/27/2025 7/1/2025 0.29982 100.00%
    TQQY GraniteShares YieldBOOST QQQ ETF 6/27/2025 7/1/2025 0.18079 97.65%
    YSPY GraniteShares YieldBOOST SPY ETF 6/27/2025 7/1/2025 0.19173 0.00%
    XBTY GraniteShares YieldBOOST Bitcoin ETF 6/27/2025 7/1/2025 0.50366 81.68%
    NVYY GraniteShares YieldBOOST NVDA ETF 6/27/2025 7/1/2025 0.58972 0.00%
               

    Distributions are determined based on the underlying strategy of each ETF and may vary over time. Investors are encouraged to review fund details and consult with financial professionals regarding their investment choices. Distributions are not guaranteed and may include a return of capital.

    GraniteShares remains committed to delivering innovative investment solutions that aim to empower investors to optimize income generation and portfolio diversification (diversification does not limit risk). For additional details regarding the YieldBOOST ETFs, including performance, holdings, and strategy, please visit www.graniteshares.com.

    About GraniteShares:

    GraniteShares is a global investment firm dedicated to creating and managing ETFs. Headquartered in New York City, GraniteShares offers a diverse range of investment solutions across U.S., U.K., German, French, and Italian stock exchanges. With a focus on high-conviction investing, the firm is a market leader in leveraged single-stock ETFs and other alternative investment products. As of June 25, 2025, GraniteShares manages $9.0 billion in assets.

    For more information about the GraniteShares YieldBOOST, please visit: https://graniteshares.com/institutional/us/en-us/

    Media Contact:
    GraniteShares Inc.
    Attn: Media Relations
    222 Broadway, 21st Floor
    New York, NY 10038
    844-476-8747
    info@graniteshares.com

    The ex-date (or ex-dividend date) for an ETF is the critical trading day on which investors who purchase shares will no longer be entitled to receive the forthcoming dividend distribution, marking the cutoff point that determines dividend eligibility for shareholders.

    The record date for an ETF is the specific day, typically one business day after the ex-dividend date, when the fund company takes a snapshot of its shareholder registry to determine which investors are officially entitled to receive the upcoming dividend distribution.

    The payable date for an ETF is the specific calendar day when the fund administrator actually distributes the declared dividend payments to all eligible shareholders who owned shares on the record date, completing the dividend distribution process.

    Distribution per share for an ETF is the precise monetary amount paid out to investors for each share they own, representing income from dividends, interest, capital gains or return of capital collected by the fund and subsequently distributed to shareholders according to their ownership stake.

    The distribution rate for an ETF is a critical performance metric that expresses the annualized percentage return derived from all distributions (including dividends, interest, and capital gains) paid to shareholders over a specified period relative to the fund’s current market price, providing investors with a standardized measure to evaluate income-generating potential across different investment vehicles.

    Return of Capital (ROC). The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates based on the latest 19a1 forms and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

    An options contract is a standardized financial agreement that grants the holder the right, but not the obligation, to buy or sell a specified quantity of an underlying asset, such as a stock, at a predetermined price (known as the strike price) on or before a defined expiration date, enabling investors to hedge risk, generate income or express directional views on market movements.

    A put option is a standardized financial contract that grants the holder the right, but not the obligation, to sell a specified quantity of an underlying asset, such as a stock, at a predetermined price (known as the strike price) on or before a defined expiration date, typically used to hedge against potential declines in asset value or to express a bearish market outlook.

    Disclaimer:

    Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized. Returns for the fund would have been lower if the management fee had not been waived. NAV prices are used to calculate market price performance prior to the date when the Fund first traded on the NASDAQ. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. For the fund’s most recent month end performance, please call 1(844) 476-8747, or visit graniteshares.com.

    For standardized performance of GraniteShares YieldBOOST ETFs, please visit:

    Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747 or visit https://graniteshares.com/media/etodfmyu/graniteshares-etf-trust-prospectus-yb.pdf. Read the prospectus or summary prospectus carefully before investing.

    The funds are newly launched and come with risks associated with having a limited operating history.

    An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region, which can result in increased volatility. The use of derivatives such as option contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Additional risks include Risk of the Underlying ETF, Derivatives Risk, Affiliate Fund Risk, Counterparty Risk, Price Participation Risk, Distribution Risk, NAV Erosion Risk, Put Writing Strategy Risk, and Option Market Liquidity Risk. These and other risks can be found in the prospectus.

    Distributions not guaranteed. Fund does not directly invest in underlying stock. underlying stock. This product involves significant risk. Please go through the disclosures before investing. For important risk disclosures and more, learn more at https://graniteshares.com/institutional/us/enus/ 

    There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.

    An Investment in the Funds is not an investment in their Underlying ETF.

    – The Fund’s strategy will cap its potential gain if the Underlying ETF’s share increases in value.

    – The Fund’s strategy is subject to all potential losses if the Underlying ETF’s share decline, which may not be offset by the income received by the Fund,

    – The Fund does not invest directly in the Underlying ETF,

    – Fund shareholders are not entitled to any distribution paid by Underlying ETF.

    Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur costs that detract significantly from investment returns.

    This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.

    The ETF Funds are distributed by ALPS Distributors, Inc. GraniteShares is not affiliated with ALPS. ALPS Distributors, Inc, provides marketing services to the Exchange-Traded Grantor Trusts. The Sponsor of the Trust is GraniteShares LLC.

    Control GRS001327

    The MIL Network –

  • MIL-OSI: Oxbridge / SurancePlus CEO Jay Madhu to Speak during Ethereum Community Conference (EthCC) – Cannes, at the Gamma Prime Investor Forum

    Source: GlobeNewswire (MIL-OSI)

    GRAND CAYMAN, Cayman Islands, June 26, 2025 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (Nasdaq: OXBR) (“Oxbridge Re”), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced its participation during the Ethereum Community Conference (EthCC), to be held in Cannes, France, June 30–July 3, 2025. The event brings together blockchain builders, institutional investors, and capital allocators from around the world to explore the next wave of decentralized finance and tokenized assets.

    As part of the conference, Chairman and CEO Jay Madhu will speak at the Gamma Prime Investor Forum, a private gathering hosted alongside EthCC that showcases institutional-grade opportunities in the RWA space.

    Jay Madhu, CEO of Oxbridge and SurancePlus, commented: “We look forward to speaking during EthCC – Cannes about RWA tokenization and public markets This is an especially exciting time for Oxbridge as we review a range of potentially transformative strategic initiatives.”

    About Oxbridge Re Holdings Limited

    Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.

    Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.

    Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non U.S. investors.

    Company Contact:

    Oxbridge Re Holdings Limited
    Jay Madhu, CEO
    +1 345-749-7570
    jmadhu@oxbridgere.com

    About Gamma Prime

    Gamma Prime is a next-generation investment platform delivering institutional-grade access to uncorrelated alternative investments. With over $3.6B AUM of funds and $460M of investors onboarded, Gamma Prime has curated a vast menu of reg-compliant alternatives – both digital assets and RWAs – that fits investor profiles. The partnership with SurancePlus expands investor access to high-yield, low-correlation reinsurance-backed digital securities.

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2025 and in our other filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.

    The MIL Network –

  • MIL-OSI: authID Partners with Prove to Provide Deepfake‑Resistant Identity Verification Capabilities Globally and Defend Against AI‑Generated Fraud

    Source: GlobeNewswire (MIL-OSI)

    Denver, CO, June 26, 2025 (GLOBE NEWSWIRE) — authID (Nasdaq: AUID), a leading provider of secure biometric identity verification and authentication solutions, today announced a strategic partnership with Prove, the world’s most accurate identity verification and authentication provider, to fight against the growing threat of AI-generated deepfake fraud. This partnership enables both companies to address a rapidly evolving challenge by leveraging advanced, biometric-driven technologies to safeguard against synthetic identities and fraud in the digital age.

    The threat of AI-generated deepfakes has become a pressing concern for businesses and consumers alike. Deepfakes, including synthetic images and videos, have enabled fraudsters to impersonate individuals with alarming accuracy. Through this partnership, authID and Prove aim to deliver a solution that doesn’t just react to fraud after it happens but prevents it at the source by ensuring the integrity of digital identities.

    “Deepfakes are changing the nature of fraud. We need solutions that are secure, privacy-first, and fast. authID’s PrivacyKey brings the trust layer needed to block impersonation without adding friction,” said Rodger Desai, CEO of Prove.

    The integration of authID’s biometric technologies – ProofTM, VerifiedTM  and PrivacyKeyTM – into Prove’s platform strengthens its ability to detect and block synthetic identities and video-based impersonation. These tools will be embedded directly into Prove’s platform to further strengthen its identity proofing and fraud prevention capabilities.

    “Partnering with Prove, a company that powers identity verification for many of the world’s most trusted financial institutions, is a tremendous validation of our technology and strategic direction,” said Rhon Daguro, CEO of authID. “This partnership is about more than just technology integration, it’s about setting a new standard for secure, privacy-preserving identity verification worldwide.”

    As Prove expands its global footprint, this partnership offers the scalability and security needed to meet the demands of modern digital transformation, protecting enterprise customers from the rapidly evolving threat landscape of AI-driven fraud.

    authID’s technology, with its industry-leading accuracy and 1:1 billion false match rate, plays a crucial role in ensuring that digital transactions remain secure and user privacy is upheld. By combining authID’s biometric and anti-deepfake capabilities with Prove’s trusted identity verification and authentication platform, the partnership unlocks a new era of frictionless, highly secure identity experiences critical in today’s digital economy.

    About authID
    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented biometric identity platform. authID powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem.

    For further information please visit authid.ai.

    Media Contacts
     Walter Fowler
    1-631-334-3864
    wfowler@nexttechcomms.com

    Investor Relations Contacts

    Investor-relations@authid.ai

    The MIL Network –

  • MIL-OSI: Upexi Announces Intent to List SEC-Registered Shares On-Chain via Superstate’s Opening Bell

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., June 26, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing, and distribution of consumer products with diversification into the cryptocurrency space, today announced its intention to tokenize its SEC-registered shares using Opening Bell, an on-chain issuance platform from financial technology firm Superstate.

    Opening Bell enables companies to tokenize public equity via blockchain infrastructure, making shares tradable on-chain. This announcement expands upon Upexi’s existing Nasdaq listing and upon official listing may introduce key investor benefits, including:

    • 24/7 trading and real-time settlement via crypto-native wallets
    • Global liquidity and broadened investor access without impacting existing shareholder rights
    • Programmable equity compatible with DeFi tools such as staking, automation, and tokenized governance

    “Tokenizing Upexi’s shares on Opening Bell reflects our strong conviction in the future of the Solana ecosystem and our commitment to expanding shareholder access through transformative on-chain technology,” said Allan Marshall, CEO of Upexi. “Partnering with Superstate, a leading SEC-registered transfer agent, gives us the trusted foundation to harness Solana’s unmatched speed and scalability for our shares – unlocking new opportunities and driving long-term value for our investors.”

    Upexi is the largest Solana treasury company, with a stated mission to acquire and hold as much SOL as possible. Backed by 15 leading digital asset venture firms and led by Allan Marshall, founder of XPO Logistics, Upexi brings deep expertise and strong relationships across both digital assets and traditional finance. As a digital asset treasury platform underpinned by Solana, the leading high-performance blockchain, Upexi seeks to create long-term shareholder value through intelligent capital markets strategies while supporting the broader Solana ecosystem through increased institutional visibility and adoption.

    Opening Bell, launched by Superstate in May 2025, is a regulated on-chain issuance platform enabling companies to issue tokenized public equity via blockchain infrastructure making shares available on-chain, initially utilizing Solana. It allows compliant, programmable equity to participate in digital finance ecosystems.

    Upexi also today provided an update regarding its SOL holdings. As of June 24, Upexi holds 735,692 SOL, up 8% from the previously disclosed 679,677 SOL on May 28.

    About Upexi, Inc.
    Upexi is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The Company has entered the cryptocurrency industry and cash management of assets through a cryptocurrency portfolio. For more information on Upexi’s treasury strategy and future developments, visit www.upexi.com.

    Follow Upexi on X – https://twitter.com/upexitreasury
    Follow CEO, Allan Marshall, on X – https://x.com/marshall_a22015
    Follow CSO, Brian Rudick, on X – https://x.com/thetinyant

    About Superstate
    Superstate is a financial technology firm reshaping public capital markets. They connect financial assets with crypto capital markets to expand access, improve liquidity, and advance capital formation through on-chain public listings and tokenized investment products. Their offerings include Opening Bell, a platform for compliant on-chain equity listings; USTB, a tokenized fund backed by US Treasuries; and USCC, a tokenized fund optimized for crypto basis exposure. Learn more at superstate.com.

    Forward Looking Statements
    This news release contains “forward-looking statements” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. For example, the Company is using forward looking statements when it discusses the anticipated use of proceeds. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward- looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

    Company Contact
    Brian Rudick, Chief Strategy Officer
    Email:brian.rudick@upexi.com
    Phone: (216) 347-0473

    Media Contact:
    Gasthalter & Co.
    Upexi@gasthalter.com

    Investor Relations Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    (212) 896-1254
    Upexi@KCSA.com

    The MIL Network –

  • MIL-OSI: Richtech Robotics’ AI-Driven Robot ADAM Invited to Support Event by the United States Space Force Historical Foundation

    Source: GlobeNewswire (MIL-OSI)

    Company’s AI-powered robot, ADAM, will serve space themed cocktails to attendees of the Invite-Only VIP Legacy of Launch event

    LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that its cutting-edge robot, ADAM, will be featured at the Legacy of Launch 75th Anniversary event, taking place on July 24, 2025 in the Kennedy Space Center Shuttle Room, which is located at the Kennedy Space Center Visitor Complex.

    This invitation-only VIP event is a rare and transformative moment that will seamlessly unite history, celebration, and vision. Designed to honor the extraordinary achievements of the past 75 years, the mission of the Legacy of Launch is to ignite a global passion for space by honoring past achievements, celebrating present advancements, and inspiring future exploration. Through education, preservation, and immersive experiences, it aims to ensure that every generation dares to dream, innovate, and reach beyond our planet.

    As part of this landmark celebration of the Legacy of Launch campaign, Richtech Robotics’ AI-driven robot, ADAM, has been invited to demonstrate the powerful potential of artificial intelligence and robotics in shaping tomorrow’s world. With real-world deployments already underway in the hospitality and entertainment industries, ADAM’s ability to serve space-themed cocktails underscores the Company’s commitment to pioneering technologies that enhance human experiences through state-of-the-art innovation.

    As robotics and AI technologies continue to evolve, the potential for ADAM, and its industrial counterpart Titan, to support space-related applications represents an exciting new vertical for the Company to explore more deeply in the years ahead.

    “We are honored to participate in such a historic event and showcase how ADAM represents the future of intelligent automation—an embodiment of innovation that complements the legacy we are celebrating,” said Matt Casella, President of Richtech Robotics.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. 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. Such forward-looking statements include, but are not limited to, statements regarding the performance of Richtech Robotics’ products.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the performance of ADAM and the success of Clouffee & Tea. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics 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.

    Contact:
    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media: 
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Richtech Robotics’ AI-Driven Robot ADAM Invited to Support Event by the United States Space Force Historical Foundation

    Source: GlobeNewswire (MIL-OSI)

    Company’s AI-powered robot, ADAM, will serve space themed cocktails to attendees of the Invite-Only VIP Legacy of Launch event

    LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that its cutting-edge robot, ADAM, will be featured at the Legacy of Launch 75th Anniversary event, taking place on July 24, 2025 in the Kennedy Space Center Shuttle Room, which is located at the Kennedy Space Center Visitor Complex.

    This invitation-only VIP event is a rare and transformative moment that will seamlessly unite history, celebration, and vision. Designed to honor the extraordinary achievements of the past 75 years, the mission of the Legacy of Launch is to ignite a global passion for space by honoring past achievements, celebrating present advancements, and inspiring future exploration. Through education, preservation, and immersive experiences, it aims to ensure that every generation dares to dream, innovate, and reach beyond our planet.

    As part of this landmark celebration of the Legacy of Launch campaign, Richtech Robotics’ AI-driven robot, ADAM, has been invited to demonstrate the powerful potential of artificial intelligence and robotics in shaping tomorrow’s world. With real-world deployments already underway in the hospitality and entertainment industries, ADAM’s ability to serve space-themed cocktails underscores the Company’s commitment to pioneering technologies that enhance human experiences through state-of-the-art innovation.

    As robotics and AI technologies continue to evolve, the potential for ADAM, and its industrial counterpart Titan, to support space-related applications represents an exciting new vertical for the Company to explore more deeply in the years ahead.

    “We are honored to participate in such a historic event and showcase how ADAM represents the future of intelligent automation—an embodiment of innovation that complements the legacy we are celebrating,” said Matt Casella, President of Richtech Robotics.

    Richtech Robotics has deployed over 400 robot solutions across the U.S. including in restaurants, retail stores, hotels, healthcare facilities, casinos, senior living homes, and factories. Current clients include Texas Rangers’ Globe Life Field, Golden Corral, Hilton, Sodexo, Boyd Gaming, and more.

    About Richtech Robotics

    Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com and connect with us on X (Twitter), LinkedIn, and YouTube.

    Forward Looking Statements

    Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. 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. Such forward-looking statements include, but are not limited to, statements regarding the performance of Richtech Robotics’ products.

    These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to the performance of ADAM and the success of Clouffee & Tea. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K, filed with the SEC on January 14, 2025, as amended on February 7, 2025 and March 4, 2025 and other public filings with the SEC. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

    Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics 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.

    Contact:
    Investors:
    CORE IR
    Matt Blazei
    ir@richtechrobotics.com

    Media: 
    Timothy Tanksley
    Director of Marketing
    Richtech Robotics, Inc
    press@richtechrobotics.com
    702-534-0050

    The MIL Network –

  • MIL-OSI: Hyperscale Data Highlights AI Infrastructure Growth and Corporate Transition in Stockholder Letter

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 26, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today issued the following letter to its stockholders from its Founder and Executive Chairman, Milton “Todd” Ault III.

    Dear Stockholders,

    As the Founder and Executive Chairman of Hyperscale Data, I want to share important updates on our strategic direction and the substantial opportunities we believe lie ahead.

    Undervalued Opportunity in a Booming Sector

    Recent market activity highlights the substantial value potential of our Michigan data center facility (the “Michigan Facility”). We have seen recent transactions, such as Applied Digital Corporation (“Applied”) securing a long-term hosting contract with CoreWeave which is expected to generate over $7 billion in aggregate revenue for Applied over 15 years based on the delivery of 250 megawatts (“MW”) of critical power infrastructure over 15 years for artificial intelligence (“AI”) and high-performance computing (“HPC”) services.

    We are actively pursuing similar hosting agreements and believe our Michigan Facility would be highly attractive to top tier hyperscale tenants seeking long-term leases if we meet our objective of scaling our Michigan Facility to 340 MW of power, as discussed below. Our discussions have included well-capitalized companies in the industry, and we are confident in our ability to secure strategic partnerships that could deliver meaningful revenue growth over the next 8 to 12 years.

    We believe our 617,000-square-foot Michigan Facility, which we are targeting to scale up to 340 MW of power, represents a highly strategic and significantly undervalued asset for supporting large-scale AI and HPC workloads.

    In February 2025, our indirect, wholly owned subsidiary, Alliance Cloud Services, LLC (“ACS”), reached an agreement in principle with its primary local utility to expand available power from approximately 30 MW to 300 MW. Completion of this upgrade is expected to take approximately 44 months from the execution of a formal letter of authorization, which is currently under negotiation.

    Additionally, ACS has reached an agreement in principle with the local natural gas utility to supply an extra 40 MW of power. This portion of the project is expected to be completed within 18 months of executing definitive agreements. In total, these upgrades would expand the facility’s capacity to approximately 340 MW, positioning Hyperscale Data to serve as a major AI and HPC infrastructure hub.

    Strategic Separation and Leadership Transition

    We intend to complete our previously announced separation from Ault Capital Group, Inc. (“ACG”) by year-end 2025. After the separation, Hyperscale Data will operate as a standalone, publicly traded infrastructure company focused on delivering AI and digital asset compute solutions.

    Following the separation of ACG, I will step away from Hyperscale Data to focus almost exclusively on leading ACG and its growing portfolio of businesses, which include private credit, AI software, social gaming, equipment rental, aerospace and defense, industrial, automotive, medical/biopharma, and hospitality operations.

    Upon my departure, William Horne, our Chief Executive Officer, is expected to continue in his current role and assume the position of Chairman of the Board. Mr. Horne has been instrumental in driving our operational progress and strategic vision, and I am confident in his leadership as Hyperscale Data enters its next chapter.

    Bridging the Valuation Gap

    We believe the market significantly undervalues our business, particularly given the transformative potential of our Michigan Facility. As our strategy advances and the AI infrastructure market continues to evolve, we expect the gap between our intrinsic value and current market capitalization to narrow, creating meaningful long-term value for our stockholders.

    That said, our strategy is not without risk. Successful execution will require considerable capital investment and the ability to secure long-term partnerships with leading technology firms. Completion of the power upgrades is subject to a number of risks and uncertainties, one or more which could result in the project being curtailed, delayed or terminated, including, but not limited to: failure to agree upon terms and execute definitive agreements; the inability of the Company or ACS to raise sufficient funds to pay for the power upgrades and other expenditures; failure to obtain regulatory consents and approvals; the inability to obtain sufficient easements, rights-of-way and land rights necessary to the work to be performed, and other presently unforeseen events or conditions.

    In Closing

    Thank you for your continued support and confidence in our vision. We remain committed to delivering long-term value through strategic execution and disciplined investment in next-generation infrastructure.

    Sincerely,

    Milton “Todd” Ault III
    Founder and Executive Chairman
    Hyperscale Data, Inc.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI: OSS Announces Third Order from Leading Asian Defense Contractor for Autonomous Maritime Application

    Source: GlobeNewswire (MIL-OSI)

    ESCONDIDO, Calif., June 26, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced it has received a third order from a leading defense contractor in Asia for an autonomous maritime application. The $340,000 purchase order is scheduled for delivery in the third quarter of 2025 and supports the production of unmanned surface vehicles (USVs) for harbor patrol and security operations.  

    The order builds on a $200,000 purchase made in December 2024 and marks a key transition from system development to production deployment. Based on current forecasts and the expected expansion of their USV product line production, OSS anticipates approximately $4 million in cumulative sales between 2026 and 2029. This multi-year opportunity reflects OSS’s growing position as a platform partner for next-generation autonomous maritime systems.

    OSS’s rugged enterprise class computing technology is embedded into a modular system that enables the conversion of manned patrol boats into autonomous surface vessels. The platform supports a range of mission profiles for defense, public safety, and maritime security, allowing vessels to operate autonomously, intelligently, and safely in complex marine environments.

    OSS is supplying 16 rugged 3U Gen 5 Short Depth Servers (SDS) and redundant ethernet switches for high-speed data ingest and interpretation of data from over 30 cameras.  The rugged system from OSS is designed to perform reliably in temperatures over 40°C and deliver the necessary computing power to support the USV’s computer vision and autonomous navigation system.

    “Today’s announcement demonstrates continued momentum in our partnership with a leading defense contractor and reflects the successful transition into the production phase of their USV program,” said OSS CEO Mike Knowles. “It also reinforces our broader platform-based growth strategy aimed at embedding OSS’s PCIe/Switch Fabric technology from initial development, through production scaling, and into long-term sustainment and support. We believe this model aligns with how global defense contractors build and manage critical programs. We see meaningful long-term value in this expanding relationship, and we are proud to support the deployment of next-generation autonomous maritime systems that advance national and maritime security.”

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

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

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

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

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

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to, the fitness of OSS’ products for unmanned autonomous maritime applications, actual revenue derived from current and expected purchase orders, our growth as a platform partner, performance reliability of the platform in certain conditions, and the timing of shipments and revenue. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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

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

    The MIL Network –

  • MIL-OSI: Fyxt and Payabli Partner to Launch “Vendor Pay,” Accelerating CRE Payments and Simplifying Operations

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 26, 2025 (GLOBE NEWSWIRE) — Fyxt, the all-in-one property operations platform for commercial real estate (CRE) portfolios, has partnered with Payabli, a leading embedded payments infrastructure company, to launch Vendor Pay — a fully integrated payment solution that connects job workflows and invoice approvals with real-time vendor payouts.

    “Property teams shouldn’t have to chase paper checks or juggle disconnected tools to pay vendors,” said Ryan Botwinick, CEO and Co-Founder of Fyxt. “Vendor Pay brings payments into the same system where work gets done — closing the loop between service, approval, and payout — so teams can move faster and vendors get paid on time.”

    “What Fyxt is doing with Vendor Pay is a big deal for the industry. They’re already using Payabli to streamline how tenants pay, and now they’re bringing that same level of control, visibility, and automation to how operators pay vendors. By powering both sides of the transaction — pay in and pay out — Fyxt is setting a new standard for operational excellence in property management. We built Payabli to give platforms like Fyxt the tools to own the full payments experience and unlock real value for their customers. This is the future of CRE operations, and Payabli is proud to help make it happen.” — Joseph Elias Phillips, Co-Founder & Co-CEO, Payabli

    Streamlining Workflow, Increasing Transparency

    Vendor Pay streamlines invoice approvals by linking payments to operations and vendor compliance — saving time, reducing tools, and improving the vendor experience.

    Key Features:

    • Same-day digital payouts
    • Secure, automated invoice approvals
    • Seamless integration with existing accounting systems
    • Built-in audit trails and compliance visibility
    • Elimination of manual checks and disconnected invoice processing

    Designed to Scale with CRE

    Fyxt is centralizing property operations by embedding payments directly into its platform. This enhances team efficiency, reduces risk and builds trust with vendors.

    Target Customers Include:

    • Commercial Owners and REITs
    • Facilities and Asset Management Teams
    • Portfolio Operators and Investment Firms

    About Fyxt

    Fyxt is a proptech company redefining CRE operations through automation and centralized workflows. Serving over 400 million square feet across the U.S., Fyxt empowers property teams to manage work orders, vendors, leases, and now payments, from one scalable platform. Learn more at www.fyxt.com.

    About Payabli

    Payabli is a next-generation Payments Infrastructure and Monetization Platform purpose-built for vertical SaaS platforms in need-to-pay industries. Through a single, developer-friendly API, Payabli delivers scalable, PCI Level 1 and SOC 2-compliant solutions for both payment acceptance and issuance — optimized for vendors, subcontractors, and complex workflows. Backed by top fintech investors including QED Investors, Fika Ventures, TTV Capital, and Bling Capital, Payabli is setting the standard for embedded payments infrastructure in need-to-pay verticals. Learn more at www.payabli.com.

    Media Contact
    Tiffany Breckenridge
    Head of Marketing
    Fyxt
    Tiffany.breckenridge@buildingblocks.la
    615-957-7097
    www.fyxt.com

    The MIL Network –

  • MIL-OSI: Half of Enterprise Windows Endpoints Have Not Yet Migrated to Windows 11, According to ControlUp Study

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 26, 2025 (GLOBE NEWSWIRE) — ControlUp, a global leader in Digital Employee Experience (DEX) management tools, today announced new findings from its Windows 11 Readiness report, revealing that 50% of enterprise Windows endpoints have yet to complete their migration to Windows 11. This marks a significant improvement from last year’s data, when over 82% of enterprise devices were not running Windows 11. With just under four months remaining until Microsoft officially ends support for Windows 10 on October 14, 2025, the data highlights both encouraging progress and critical gaps in enterprise readiness across industries, geographies, and organization sizes.

    “While the 50% completion mark is a major milestone, it’s not time to relax,” said Marcel Calef, Americas Field CTO, ControlUp. “With Windows 10 end of support just months away, organizations need to act now to avoid being caught off guard. Our data shows that the rate of migration is uneven, and many enterprises still face significant hardware and planning challenges.”

    Industry Disparities Highlight Readiness Gaps

    ControlUp’s analysis of over one million enterprise endpoints shows that Education and Technology sectors are leading the migration, with 77% and 73% of their devices already running Windows 11, respectively. In contrast, Healthcare (41%) and Finance (45%) are falling behind. A deeper look reveals that 19% of Healthcare endpoints need to be replaced entirely before they can support Windows 11, compared to just 3% in Finance.

    Americas Trail Behind Europe and Other Regions

    By region, the Americas are furthest behind, with only 43% of enterprise endpoints upgraded to Windows 11, even though 87% of those devices are Windows 11 ready. Europe leads all regions at 70% completion, followed by other global regions at 66%. These regional differences could impact multinational organizations’ ability to maintain consistency and security across their environments.

    Larger Enterprises Facing the Greatest Hurdles

    ControlUp’s data also reveals that very large organizations (with over 10K Windows devices) are the least prepared for the end of Windows 10 support, with just 42% of migrations completed. These organizations often have complex IT environments and a higher volume of legacy hardware, making early assessments and planning essential.

    “ControlUp’s Windows 11 readiness assessment tool helps IT teams instantly evaluate endpoint compatibility, identify upgrade opportunities, and flag devices needing replacement, all from a single dashboard,” Calef added.

    The Windows 11 Readiness report, available through ControlUp’s Windows 11 Readiness Assessment tool, is built into the ControlUp for Desktops solution—designed to improve the digital employee experience across physical and cloud-based endpoint devices.

    ControlUp’s findings are based on a sample set of more than one million enterprise Windows endpoint devices under management as of June 2025. Additional insights can be found here.

    About ControlUp

    ControlUp is a leader in DEX, unifying Digital Employee Experience and IT operations in one powerful platform built for modern workplace management. By combining real-time monitoring, intelligent insights, and proactive remediation, ControlUp accelerates the shift toward Autonomous Endpoint Management (AEM)—empowering IT teams to resolve issues before they affect employees, simplify operations, and manage complexity without the clutter of multiple tools. Nearly 2,000 organizations, including more than one-third of the Fortune 100, trust ControlUp to keep their technology running smoothly. With ControlUp, IT works smarter, employees stay productive, and the workplace runs itself. To learn more, visit www.controlup.com.

    Press Contacts:
    ControlUp PR
    media@controlup.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dc9c1eae-0f16-4e4a-8c00-52d156fb5d1c.

    The MIL Network –

  • MIL-OSI Asia-Pac: Belt-Road commissioner promotes HK

    Source: Hong Kong Information Services

    Commissioner for Belt & Road Nicholas Ho this week led a delegation to Indonesia and Malaysia to promote Hong Kong’s professional services in the fields of infrastructure and construction and to explore opportunities for co-operation.

    The delegates visited Jakarta, Indonesia on Monday and Tuesday, then proceeded to Kuala Lumpur, Malaysia, yesterday and today. They met government officials, business leaders and representatives of professional organisations and enterprises in both places. The trip concluded today.

    Mr Ho and his delegation visited the Daya Anagata Nusantara Investment Management Agency and the Investment Coordinating Board in Indonesia, as well as the Public Private Partnership Unit of the Prime Minister’s Department and the Malaysian Investment Development Authority in Malaysia, to learn about economic and infrastructural developments in the two places.

    While in Malaysia, they also met the country’s Minister of Transport Loke Siew Fook to learn about the planning and development of Malaysia’s transportation system, with a view to exploring opportunities for Hong Kong’s professional services to participate and contribute.

    In addition, they attended presentations on signature projects in both countries, directly connecting with representatives of local enterprises to explore opportunities for investment and co-operation.

    They also attended business lunch events to promote Hong Kong’s business advantages to local business leaders.

    During the visits, Hong Kong representatives signed 21 Memoranda of Understanding with partners in Indonesia and Malaysia, covering such areas as business collaboration and professional services exchanges.

    While in Jakarta, Mr Ho also visited a data centre, an investment development project led by a Hong Kong company, and heard about the centre’s contribution to the development of the Digital Silk Road.

    Mr Ho highlighted that the Association of Southeast Asian Nations is Hong Kong’s second-largest trading partner and a key link in the Belt & Road Initiative.

    “Indonesia and Malaysia are both undergoing rapid infrastructure development, and there is huge demand for professional services in large-scale projects such as the new capital city of Nusantara in Indonesia and the mass rapid transit system in Malaysia.”

    He stressed that Hong Kong, as a super connector and a super value-adder, upholds international standards in fields such as financing, law, construction engineering, project management, logistics, transportation, and technological innovation.

    “We also have a deep pool of professionals with experience especially in taking forward public-private partnerships in infrastructure projects, presenting extensive room for collaboration with Indonesia and Malaysia to seize the opportunities brought by the Belt & Road Initiative.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: FS attends AIIB meeting in Beijing

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing today. He also held separate meetings with Minister of Finance Lan Fo’an and AIIB President Jin Liqun.

    Mr Chan participated in the opening ceremony of the annual meeting and joined the subsequent Governors’ Official Session.

    During the meeting, he witnessed the signing of a strategic partnership agreement between the Hong Kong Monetary Authority (HKMA) and the AIIB. Under the partnership agreement, the HKMA will collaborate closely with the AIIB to support venture capital in emerging Asia to jointly support the emerging economies in the region to drive green transformation and development of infrastructure through scientific and commercial innovation.

    Speaking about the agreement, Mr Chan said that this collaboration combines and leverages the knowledge, experience, networks and strengths of the HKMA and the AIIB.

    He said: “It supports emerging Asian economies in accelerating their development towards more prosperous and inclusive growth through innovation and technology. Additionally, it aids in building a more vibrant venture capital and innovation ecosystem within the region and further reinforces Hong Kong’s status as an international financial, innovation and technology centre.”

    Mr Chan later met AIIB President Jin Liqun. He expressed Hong Kong’s willingness to further enhance collaboration with the AIIB amid the ongoing reshaping of the global economic landscape and the development challenges faced by emerging economies.

    Such initiatives can include issuing bonds in more currencies and of various tenors, advancing investment co-operation in infrastructure loan securitisation and catastrophe bonds, and mobilising private capital to support Asia’s green and sustainable development projects and relevant technological proposals.

    The Financial Secretary also reiterated Hong Kong’s support for the AIIB to establish an office in Hong Kong and said he looks forward to the proposal’s early implementation.

    He also called on Minister of Finance Lan Fo’an, where both parties exchanged in-depth views on the economic and social development of the Mainland and Hong Kong.

    Mr Chan highlighted that the Hong Kong Special Administrative Region Government will continue to fully support the issuance of renminbi (RMB) sovereign bonds in Hong Kong. Efforts will also be made to enrich investment products and risk management tools, enhance RMB liquidity, and improve financial infrastructure to build a more prosperous offshore RMB business ecosystem.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Palomar and Neptune Partner to Accelerate Growth in U.S. Flood Insurance Market

    Source: GlobeNewswire (MIL-OSI)

    ~ Palomar to Appoint Neptune as Exclusive Managing General Agent for Flood Insurance ~

    LA JOLLA, Calif. and ST. PETERSBURG, Fla., June 26, 2025 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (“Palomar” NASDAQ: PLMR), a leading specialty insurer, and Neptune Flood (“Neptune”), the largest provider of private flood insurance in the United States, today announced a strategic partnership under which Neptune will become Palomar’s exclusive managing general agent for flood insurance.

    Palomar will continue its longstanding commitment to the private flood insurance market while gaining access to Neptune’s AI-based technology powered by data science and machine learning. The partnership enables both companies to advance their shared mission to deliver a robust technology driven alternative to the National Flood Insurance Program and make flood coverage more accessible to customers nationwide.

    “Neptune’s technology and underwriting capabilities make them an ideal partner as we continue to grow in the flood insurance space,” said Jon Christianson, President of Palomar. “Together, we are expanding flood insurance availability with a streamlined and scalable solution that delivers strong value to our policyholders and partners.”

    “Neptune is excited to add Palomar to our panel of top-tier carriers,” said Trevor Burgess, Chairman and Chief Executive Officer of Neptune Flood. “We look forward to welcoming Palomar’s flood customers to the Neptune platform and to increasing access to flood insurance nationwide.”

    Through the seamless transition, Palomar’s agents will gain access to Neptune’s platform, offering a streamlined quoting and binding experience with enhanced coverage options.

    About Palomar

    Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (“PSIC”), Palomar Specialty Reinsurance Company Bermuda Ltd. (“PSRE”), Palomar Insurance Agency, Inc., Palomar Excess and Surplus Insurance Company (“PESIC”), Palomar Underwriters Exchange Organization, Inc. (“PUEO”), First Indemnity of America Insurance Co. (“FIA”), and Palomar Crop Insurance Services, Inc. (“PCIS”). Palomar’s consolidated results also include Laulima Exchange (“Laulima”), a variable interest entity for which the Company is the primary beneficiary. Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Palomar’s insurance subsidiaries, PSIC, PSRE, and PESIC, have a financial strength rating of “A” (Excellent) from A.M. Best. FIA carries an “A-” (Stable) rating from A.M. Best.

    To learn more, visit PLMR.com.

    Follow Palomar on LinkedIn: @PLMRInsurance

    About Neptune

    With nearly 250,000 policies in force, Neptune is the largest private flood insurance provider in the United States, revolutionizing the industry with AI-driven underwriting and data science-driven machine learning technology. Neptune simplifies the flood insurance process, offering instant, affordable, and comprehensive coverage in minutes, without the delays and complexities of traditional insurance. Neptune is committed to closing the flood insurance gap and making coverage accessible nationwide.

    Safe Harbor Statement
    Palomar cautions you that statements contained in this press release may regard matters that are not historical facts but are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Palomar that any of its plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in the Company’s business. The forward-looking statements are typically, but not always, identified through use of the words “believe,” “expect,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including unexpected expenditures and costs, unexpected results or delays in development and regulatory review, regulatory approval requirements, the frequency and severity of adverse events and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the Company’s filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Contact

    Media Inquiries
    Lindsay Conner
    1-551-206-6217
    lconner@plmr.com

    Investor Relations:
    Jamie Lillis
    1-203-428-3223
    investors@plmr.com

    Neptune Media:
    Loren Pomerantz
    loren@combined-forces.com
    917-902-0219

    Source: Palomar Holdings, Inc.

    The MIL Network –

  • MIL-OSI: Diginex Limited Added to S&P Global BMI Index, Marking Key Milestone in the Company’s Development

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 26, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its inclusion in the S&P Global Broad Market Index (BMI), effective June 22, 2025. The addition to this widely recognized index marks a notable milestone for Diginex.

    The S&P Global BMI is one of the most comprehensive equity benchmarks in the world, covering more than 14,000 companies across developed and emerging markets. Inclusion in this index signals that Diginex meets BMI’s standards of market capitalization, liquidity, and public float adjustment, reinforcing its credibility with institutional investors and enhancing its visibility within the global investment community.

    “We believe Diginex’s inclusion in the S&P Global BMI is a strong validation of our corporate strategy, growth trajectory, and commitment to shareholder value,” said Mark Blick, CEO of Diginex Limited. “Being included in the S&P Global BMI not only increases our visibility among international investors but also positions us for potential investment by other passive and active funds that track global equity benchmarks.”

    Diginex’s inclusion in the S&P Global BMI index is expected to broaden its shareholder base and improve trading liquidity, further supporting its long-term growth.

    About S&P Global BMI
    The S&P Global Broad Market Index (BMI) is the only global index suite with a transparent, modular structure that has been fully float adjusted since 1989. This comprehensive, rules-based index series employs a transparent and consistent methodology across all countries and includes more than 14,000 stocks from developed and emerging markets.

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 17 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements. 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. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” 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 you that such expectations will turn out to be correct, and 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 disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk 

    The MIL Network –

  • MIL-OSI: Diginex Limited Added to S&P Global BMI Index, Marking Key Milestone in the Company’s Development

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 26, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced its inclusion in the S&P Global Broad Market Index (BMI), effective June 22, 2025. The addition to this widely recognized index marks a notable milestone for Diginex.

    The S&P Global BMI is one of the most comprehensive equity benchmarks in the world, covering more than 14,000 companies across developed and emerging markets. Inclusion in this index signals that Diginex meets BMI’s standards of market capitalization, liquidity, and public float adjustment, reinforcing its credibility with institutional investors and enhancing its visibility within the global investment community.

    “We believe Diginex’s inclusion in the S&P Global BMI is a strong validation of our corporate strategy, growth trajectory, and commitment to shareholder value,” said Mark Blick, CEO of Diginex Limited. “Being included in the S&P Global BMI not only increases our visibility among international investors but also positions us for potential investment by other passive and active funds that track global equity benchmarks.”

    Diginex’s inclusion in the S&P Global BMI index is expected to broaden its shareholder base and improve trading liquidity, further supporting its long-term growth.

    About S&P Global BMI
    The S&P Global Broad Market Index (BMI) is the only global index suite with a transparent, modular structure that has been fully float adjusted since 1989. This comprehensive, rules-based index series employs a transparent and consistent methodology across all countries and includes more than 14,000 stocks from developed and emerging markets.

    About Diginex
    Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. 

    The award-winning diginexESG platform supports 17 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

    For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements. 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. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” 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 you that such expectations will turn out to be correct, and 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 disclosed in the Company’s filings with the SEC.

    Diginex
    Investor Relations
    Email: ir@diginex.com

    IR Contact – Europe
    Anna Höffken
    Phone: +49.40.609186.0
    Email: diginex@kirchhoff.de

    IR Contact – US
    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    IR Contact – Asia
    Shelly Cheng
    Strategic Financial Relations Ltd.
    Phone: +852 2864 4857
    Email: sprg_diginex@sprg.com.hk 

    The MIL Network –