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Category: Finance

  • MIL-OSI United Kingdom: Architect team appointed for Civic Centre

    Source: City of Plymouth

    Meet the team tasked with the job of shaping the future of Plymouth’s Civic Centre.

    Councillor Mark Lowry, Cabinet Member for Finance, Matthew Mayes and Mark Braund from BDP, Councillor Sally Cresswell, Cabinet Member for Education, Skills and Apprenticeships, Sheila Nethercott, Strategic Project Manager at the Council.

    Multidisciplinary design consultancy, BDP, has been appointed to lead the project to transform the landmark building into a Blue Green Skills Hub in the basement, ground and first floor as well as create more than 140 homes in the tower above.

    While City College Plymouth has its own architect to oversee the transformation of the lower floors, BDP will be responsible for ensuring the design successfully separates the education establishment from living quarters.

    It will also act as the Building Regulations Principal Designer ensuring the entire project complies with the Building Safety Act.

    Cabinet member for finance and city centre champion Councillor Mark Lowry said: “We were really impressed with their record of tackling difficult buildings and making sure that developments comply with all the latest regulations which are designed to keep people safe.

    “This landmark towers above the city – it is so important to our regeneration story, but it is not an easy building, so we are delighted to have such a high calibre team help us to achieve this vision.”

    BDP has worked on a number of landmark Plymouth projects in the past, including the University of Plymouth’s stunning Roland Levinsky building and the Theatre Royal regeneration project completed in 2013 which saw new facilities created in the basement as well as its public realm improvements.

    Its portfolio includes challenging projects such the redevelopment of the Grade II listed Weir Mill in Stockport and the architectural design of Preston Bus Station – described as one of the most significant Brutalist buildings in the UK.

    Matthew Mayes, architect director at BDP, said: “The Civic Centre’s transformation is a pivotal step in re-energising the city centre. This project presents an exciting opportunity to breathe new life into a historically significant building, reconnecting it with Royal Parade and Armada Way, and creating a vibrant, inclusive destination for learning, enterprise and community use.

    “We believe cities should be good for us and we have a long history of unlocking the potential of complex buildings to bring them back into use, and this is exactly the kind of challenge that drives us. Our goal is to create thriving, future-ready places, and we know this redevelopment will play a defining role in Plymouth’s next chapter.”

    The complexity of the redevelopment means other professionals have already been employed by the council to look at how best to turn the building – which used to be offices – into homes and an education establishment.

    Issues such as power supplies, separate access, lifts, power, ventilation, insulation all have to be addressed as part of the project. A new planning application will also have to be submitted later this year as detail from the original application has changed.

    Gwella Contracting Services continue the strip out works on site. This has been particularly challenging in the Civic Centre because of the building’s age and the fact there are currently no lifts in the 12-storey tower, which means that all waste material must be carried down the stairs.

    The Civic Centre redevelopment is being made possible thanks to the Government’s Future High Streets Fund, Levelling Up Fund and Homes England.

    MIL OSI United Kingdom –

    June 5, 2025

  • MIL-OSI: EB5 Capital Investor Obtains First Permanent Green Card Approval in 1401 Penn (JF20) Project

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, June 04, 2025 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first I-829 petition approval for an investor in its 1401 Penn (JF20) project. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States. The approved petition was filed in April 2021 and was pending for approximately 50 months.

    “Receiving an I-829 approval represents a significant achievement in the EB-5 journey,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “We are pleased with this first approval notice and look forward to more investors getting approved.”

    Completed in July 2020, JF20 is a mixed-use development featuring a seven-story, 167-unit apartment community and over 20,000 square feet of ground-floor retail in Washington, D.C.’s historic Capitol Hill neighborhood. On the ground floor of the property is The Roost, a 12,500 square foot food hall operated by Neighborhood Restaurant Group featuring 12 individual food and beverage concepts. The dynamic food hall has received critical acclaim and is a premier destination on Capitol Hill.

    To date, EB5 Capital has raised investor funds across over 45 EB-5 projects throughout the United States. JF20 is EB5 Capital’s 21st project which has reached the permanent green card stage for investors going through the EB-5 immigration process. Now that the first petition has been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, D.C., EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1.4 billion of foreign capital across approximately 45 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    The MIL Network –

    June 5, 2025

  • MIL-OSI USA: ICYMI: At Hearing, Trump Treasury Nominee Refuses to Say Whether Trump’s “Big Beautiful Bill” Should Strip Away Health Care from American Families

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    June 04, 2025
    Trump Treasury Department created a $50 billion loophole for giant banks after 2017 tax bill passed, while Morrissey was deputy general counsel
    Paying for another $50 billion loophole would mean taking away Medicaid from approximately 700,000 Americans 
    Video of Exchange (YouTube)
    Washington, D.C. — At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) questioned Brian Morrissey, nominee for general counsel of the Department of the Treasury, about the cost of tax giveaways to major corporations for American families. 
    After the passage of the Tax Cuts and Jobs Act, lobbyists for foreign banks like Credit Suisse and Barclays lobbied to minimize the effects of new taxes on their profits, eventually securing $50 billion in additional giveaways to foreign banks and their subsidiaries. At the time, Mr. Morrissey was deputy general counsel at the Treasury Department.
    Senator Warren pressed Mr. Morrissey on what further tax giveaways, including ones in Trump’s “Big, Beautiful Bill,” would mean for American families. Mr. Morrissey repeatedly declined to answer how many people would have to lose Medicaid coverage to free up another $50 billion for giveaways to the wealthy. 
    “It’s 700,000 people to make up for a $50 billion loophole. It’s like cutting off every single Medicaid recipient in the state of Nevada just to fund another $50 billion loophole like the ones you all managed to do last time around when you gave foreign banks this special loophole,” said Senator Warren. 
    Mr. Morrissey also declined to answer whether Trump’s “Big Beautiful Bill” should take away money from working-class Americans. Independent analysts have found that the bottom 40% of households in the U.S. would see their incomes fall next year if this bill is passed, while households in the top .1% will get nearly $400,000 in tax breaks. 
    “That’s what this bill is all about: taking from struggling families to give handouts to billionaires and big corporations…I think it’s obscene,” said Senator Warren. 
    Transcript: Hearing to Consider the Nomination of Brian Morrissey, Jr., of Virginia, to be General Counsel for the Department of the TreasurySenate Finance CommitteeJune 3, 2025 
    Senator Elizabeth Warren: Thank you, Mr. Chairman. So Donald Trump ran for President on the promise to lower costs – a promise that he abandoned almost as soon as he got elected. He also promised his “rich as hell” donors that he would deliver big tax breaks. So right now, Senate Republicans are working overtime to pass billionaire tax giveaways – partly paid for by kicking 14 million people off their health care and partly paid for by using magic math to pretend that those tax giveaways don’t cost as much as they actually cost. 
    Now, we’ve seen this play before. In 2017, President Trump’s first tax giveaway to the wealthy was supposed to cost just $1.5 trillion, and that was after there were a bunch of budget gimmicks to keep the total down. But even that wasn’t a big enough giveaway. After the bill passed, the Trump Treasury Department drafted regulations to implement the new law, and corporations sent armies of lobbyists in to write even more loopholes into the tax laws. 
    Now, Mr. Morrissey, you were deputy general counsel at Treasury at this time. So you may remember: lobbyists from foreign banks like Credit Suisse and Barclays won a big new international tax loophole for loans they make to U.S. subsidiaries. Do you know how much they pocketed from that extra giveaway engineered in the Treasury Department?
    Mr. Brian Morrisey, nominee for General Counsel of the Treasury Department: Senator, I’m familiar with many of the regulations under TCJA, but not the answer to your specific question. 
    Senator Warren: Not that one? Well, then I will tell you. It was $50 billion, according to the Joint Committee on Taxation.
    Now, today, President Trump and Congressional Republicans are working to pass a new set of tax cuts for billionaires, millionaires, and giant corporations. This one, the price tag is around $4 trillion. And this time, they are planning to pay for it – in part – by slashing Medicaid and the Affordable Care Act by nearly $1 trillion and kicking 14 million Americans off their health care. It is handout time for billionaires and austerity for everyone else. 
    Mr. Morrisey, you’re nominated to be general counsel at Treasury, meaning you would help in the drafting and implementation of this bill – if it passed – maybe adding another $50 billion tax loophole here, another $50 billion tax loophole there.
    So, Mr. Morrissey, I just want to make sure that you think through what this means. Do you know how many people will have to lose their Medicaid coverage just to pay for one of those $50 billion tax loopholes out of a $4 trillion Trump tax giveaway?
    Mr. Morrisey: Senator, if I were to be confirmed, I would be committed to making sure that folks working at Treasury on tax issues are clear that the policy judgments in this space belong to the Congress. 
    Senator Warren: That’s not the question I’m asking here, Mr. Morrissey. I know you’d like to duck this one. My question is: when you create a $50 billion tax giveaway, do you know how many Americans lose Medicaid coverage to make up $50 billion? Do you know what those numbers are? These are just numbers.  
    Mr. Morrissey: Senator, again, the policy judgement is with the Congress and Treasury would be — 
    Senator Warren: No, it’s not a policy question I’m asking you. If you are going to be over at the Treasury Department and you’re talking about being in a position where you can actually create a $50 billion loophole—and I know you could do that because you’ve done it in the past—I just want to make sure when you’re doing the pluses and minuses of doing this, that you have some idea how many Americans will lose their Medicaid coverage in order to make up for a $50 billion loophole. Do you have any idea how many people have to lose Medicaid coverage to create $50 billion?
    Mr. Morrissey: Senator, whatever judgements this Congress makes in the statute—
    Senator Warren: Ten? A thousand? A million? Do you have any idea what that number is? 
    Mr. Morrissey: Senator, if I am confirmed, I am committed to making sure we are implementing—
    Senator Warren: Do you not have any idea what that number is, or do you just not want to say it?
    Mr. Morrissey: Senator, my role would be on the legal side. The policy side, the weighing of these important issues—
    Senator Warren: I’ll take that as you just don’t want to have to admit it. It’s 700,000 people to make up for a $50 billion loophole. It’s like cutting off every single Medicaid recipient in the state of Nevada just to fund another $50 billion loophole like the ones you all managed to do last time around when you gave foreign banks this special loophole. 
    And that’s what this bill is all about: taking from struggling families to give handouts to billionaires and big corporations. In fact, according to independent experts, Trump’s big, beautiful bill will take money away from the bottom 40% of families and turn around and shovel nearly $400,000 to everyone who’s in the top one-tenth of one percent. 
    So let me just ask you one last question and we’ll finish this up. At a time when families are struggling with higher costs under President Trump, do you really think that Trump’s “big, beautiful bill” should take away money from working-class Americans, Mr. Morrissey?
    Mr. Morrissey: Senator, I think the tax legislation that this Congress passed in 2017 raised living standards and helped Americans across the spectrum and if Congress decides to take new action I am committed to working with Treasury to make sure we implement that.
    Senator Warren: You know, I’ve just got to say: tax cuts for the wealthiest, a $50 billion loophole here, another one there, and so what if hundreds of thousands of people lose their Medicaid and access to health care? That’s what this bill is all about, and I think it’s obscene.

    MIL OSI USA News –

    June 5, 2025

  • MIL-OSI: Nasdaq Launches Exclusive Access to Nasdaq Private Market’s Tape D® API to Deliver Advanced Visibility into Private Markets

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Nasdaq® (Nasdaq: NDAQ) announced today that the company has partnered with Nasdaq Private Market (NPM), a leading provider of secondary liquidity solutions to private companies, employees, and investors, to provide greater price transparency and valuation visibility into private, pre-IPO companies, including unicorns and other startups through NPM’s Tape D® private company dataset.

    As the exclusive distributor of the Tape D API, Nasdaq is enhancing essential transparency and access to an increasingly complex private company landscape. Now available to Nasdaq clients through API integration via Nasdaq Data Link, Tape D addresses critical transparency challenges by helping investors evaluate private holdings with greater confidence, enabling banks to structure private transactions more effectively, supporting wealth advisors and shareholders in managing liquidity needs, and equipping private companies with valuable insights for capital raises and tender offers. This comprehensive data product delivers real-time private market pricing by seamlessly integrating primary round data, secondary market transactions, and accounting data including mutual fund marks and 409A valuations.

    “Nasdaq was founded on the principle of leveraging technology to make markets more efficient, and we are committed to driving the same transformation in private markets that we’ve achieved in public markets,” said Oliver Albers, Executive Vice President, Chief Product Officer, Capital Access Platforms at Nasdaq. “The collaboration with Nasdaq Private Market builds upon this foundation, reflecting Nasdaq’s continued commitment to creating an ecosystem where transparency, accessibility, and improved outcomes naturally extend across the entire investment lifecycle,” noted Albers.

    “The private market is now a critical arena for valuation, investment, and planning, and requires accurate, real-time data. With over 1,200 unicorns and billions in equity held by private shareholders, the need for a reliable valuation benchmark is greater than ever. Tape D brings essential clarity to private markets, and we are excited to partner with Nasdaq to broaden access to market participants,” said Marc Perkins, CFA, Senior Vice President of Product at Nasdaq Private Market. In addition to the Tape D API from Nasdaq, NPM offers individual subscriptions directly via NPM’s website.

    The launch of this data partnership with Nasdaq Private Market marks the latest step in Nasdaq’s commitment to enhancing transparency, access, and portfolio management capabilities across the public-to-private investment spectrum. This includes offerings such as Nasdaq Fund Secondaries, which bring greater efficiency, transparency, and scalability to secondary transactions. Nasdaq also delivers solutions designed to equip asset owners and asset allocators with essential research and portfolio management tools that span both public and private markets. These enhancements address specific market challenges, helping managers clearly articulate their value propositions to gather assets while giving allocators the visibility they need for confident decision making.

    For more information about accessing the Nasdaq Private Market Tape D Data API, please visit: https://www.nasdaq.com/solutions/data/equities/TAPED

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

    Nasdaq® is a registered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED. © 2025. Nasdaq, Inc. All Rights Reserved.

    About Nasdaq Private Market
    Nasdaq Private Market provides liquidity, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed nearly $60 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 775+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, UBS, and Wells Fargo.

    Learn more at www.nasdaqprivatemarket.com. Visit LinkedIn and X for the latest company news.

    Disclosures and Disclaimers

    NPM is not: (a) a registered exchange under the Securities Exchange Act of 1934; (b) a registered investment adviser under the Investment Advisers Act of 1940; or (c) a financial or tax planner and does not offer legal or financial advice to any user of the NPM website or its services. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, and member FINRA/SIPC. Transactions in securities conducted through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market LLC. Please read these other important disclosures and disclaimers about NPM found here: https://www.nasdaqprivatemarket.com/disclosures-disclaimer/

    Contact:

    Max Leitenberger
    Corporate Communications, Nasdaq
    Maximilian.leitenberger@nasdaq.com

    Amanda Gold
    Chief of Staff and Chief People Officer, Nasdaq Private Market
    Amanda.Gold@npm.com

    The MIL Network –

    June 5, 2025

  • MIL-OSI Security: U.S. Marshals Adopt Arrest Warrant for Wenatchee Father Suspected in Murder of 3 Daughters

    Source: US Marshals Service

    Spokane, WA – The U.S. Marshals Pacific Northwest Violent Offender Task Force is working closely with the Chelan County Sheriff’s Office, the FBI, Homeland Security Investigations, the U.S. Border Patrol, Washington State Department of Corrections, Washington State Patrol, and the Wenatchee Police Department to locate and apprehend Travis Caleb Decker. Decker is suspected of kidnapping and murdering his three young daughters this past weekend. The U.S. Marshals Service is offering a reward of up to $20,000 for information directly leading to Decker’s arrests. The suspect is not known to be armed now but should be considered dangerous.

    On May 30, the Wenatchee Police Department responded to a report of three young girls (ages 9, 8, and 5) not being returned to their mother following a scheduled visitation with their father, Decker, a 32-year-old resident of the Wenatchee area and former military member with extensive tactical training.
    Law enforcement started an investigation immediately. After an Endangered Missing Person Alert was issued, a multi-agency search effort was launched across Chelan County.

    On June 2, Decker’s vehicle was located in Leavenworth. A search of the immediate area led to the discovery of the deceased bodies of all three children. Decker was not located and is currently at large.

    Arrest warrants were initially issued for Custodial Interference, later upgraded to Murder 1st Degree (3 counts) and Kidnapping 1st Degree (3 counts) following the recovery of the victims.

    Anyone with information is urged to contact the U.S. Marshals or local law enforcement immediately, the U.S. Marshals Service Communications Center at 1-800-336-0102 or USMS Tip at http://www.usmarshals.gov/tips.

    The Pacific Northwest Violent Offender Task Force is a U.S. Marshals-led partnership comprising federal, state, and local law enforcement officers from Washington, Oregon, and Alaska. The task force’s primary mission is to locate, arrest, and return to the justice system the most violent and egregious federal and state fugitives.

    MIL Security OSI –

    June 5, 2025

  • MIL-OSI USA: SCHUMER APPLAUDS GLOBALFOUNDRIES’ NEW $3 BILLION ADDITIONAL INVESTMENT SPURRED BY HIS CHIPS & SCIENCE LAW, BRINGING TOTAL TO $16 BILLION FOR CAPITAL REGION PROJECT TO BECOME EPICENTER OF AMERICA’S…

    US Senate News:

    Source: United States Senator for New York Charles E Schumer
    Schumer Has Fought For Years To Get GlobalFoundries To Expand Current Fab & Build New, State-Of-The-Art Second Manufacturing Facility In Malta, Delivering Whopping $1.5B Award From His Bipartisan CHIPS & Science Law Last Year To Finally Make Project A Reality
    Now GlobalFoundries Is Investing $3B More In The Project, Further Expanding Advanced Packaging And R&D, Because Of The Foundation Schumer Laid To Strengthen American Semiconductor Leadership
    Schumer: GlobalFoundries Is Doubling Down On The Capital Region With $3B More To Make Upstate NY America’s Semiconductor Epicenter
    A longtime advocate for GlobalFoundries’ growth in the Capital Region, U.S. Senator Chuck Schumer today applauded GlobalFoundries’ announcement that it will invest an additional $3 billion to expand its first-of-its-kind chip packaging facility at its Saratoga County location, bringing its total investment to $16 billion in the Capital Region and the country thanks to his bipartisan CHIPS & Science Law.
    “GlobalFoundries is writing the future of American chipmaking right here in the Capital Region. With this additional $3 billion investment, GlobalFoundries is making a whopping $16 billion investment spurred by my CHIPS & Science Law, and is doubling down on Upstate New York as America’s semiconductor epicenter,” said Senator Schumer. “Soon, America’s AI future, and the next generation of the top chips that power everything from cell phones to cars will be made in Upstate New York from start to finish! I worked for years to pass the CHIPS & Science Law, to deliver more than $1.5 billion in federal CHIPS investment for GlobalFoundries’ growth in Saratoga County, and continued announcements like this show that bet is paying off bigger than most thought possible. This is a win-win-win for GlobalFoundries, Upstate NY’s chip supply chain, and our national & economic security.”
    “Today we continue to show our commitment to U.S. manufacturing by partnering with our customers to onshore critical components of the supply chain needed for datacenters, communications infrastructure, AI edge devices and more,” said Dr. Thomas Caulfield, Executive Chairman of GlobalFoundries. “Thanks to the leadership of Senator Schumer and the New York Delegation, New York has become a world class ecosystem for semiconductor manufacturing and R&D. Today’s investment will reestablish secure, domestic supply chains for critical technologies and continue to bring high-paying manufacturing jobs to Upstate New York.”
    GlobalFoundries is committing an additional $3 billion on advanced research and development initiatives focused on packaging innovation, silicon photonics, and next-generation GaN technologies. With the $16 billion total investment now being made, GlobalFoundries aims to collaborate with major tech companies like Apple, AMD, and General Motors to strengthen American semiconductor leadership by producing American-made chips and advancing AI, aerospace, automotive, and high-performance communication innovation.
    Schumer has worked for years to help GlobalFoundries expand and delivered historic investments from his bipartisan CHIPS & Science Law for GlobalFoundries and the Capital Region. Last year, Schumer secured $1.5 billion in CHIPS funding to support the expansion of GlobalFoundries’ existing fab in Malta, NY, and the construction of a second, state-of-the-art fab at the same site. Schumer later secured an additional $75 million in CHIPS funding for GlobalFoundries to create a first-of-its-kind advanced chips packaging and testing center. The new center will help GlobalFoundries increase production while bolstering national security by creating a secure facility to package, test, and manufacture semiconductors to support defense applications, AI, and high-performance computing, among other key industries. Together, these investments are expected to create thousands of good-paying manufacturing and union construction jobs in the Capital Region.
    On top of the investments Schumer has secured for GlobalFoundries, the senator additionally delivered a historic $825 million in CHIPS funding to make Albany NanoTech the first flagship facility of the National Semiconductor Technology Center (NSTC). The NSTC is a critical part of Schumer’s mission of re-establishing America’s leadership in the semiconductor industry and will bring together industry leaders, researchers from the nation’s top universities, innovators, workers, and entrepreneurs in the Capital Region to give them access to the most advanced chip making machinery in the world and drive the next frontier of chip innovation and manufacturing.
    Currently, there are only four companies outside of China that provide current and mature foundry capabilities at the scale of GlobalFoundries, and GlobalFoundries is the only one of those companies that is headquartered in the United States. GlobalFoundries, a Trusted Foundry for the Department of Defense, is a key supplier of chips for America’s national defense, with strong partnerships with major defense contractors like Lockheed Martin. GlobalFoundries also supplies chips to America’s auto industry with partnerships in place with companies like General Motors, which saw severe shortages of chips during the pandemic, leading to increased prices for cars. Thanks to the investment Schumer has secured, GlobalFoundries is expanding its current fab focused on automotive chips to help meet soaring demand for chips in cars and get ahead of future supply chain challenges.
    GlobalFoundries is a leading producer of essential chips that are critical across industries, from mobile phones and artificial intelligence to automobiles and defense technologies. Growth in AI is driving demand for the chips GlobalFoundries produces. The silicon photonics chips this new Center will produce are also in demand in the automotive, communications, radar, and other critical industries. The New York Advanced Packaging and Photonics Center will offer advanced packaging, assembly, and testing, allowing the company to more easily transform chips into individual packages ready for end-product use entirely in the United States. The Center’s new production capabilities will help onshore advanced packaging, which mostly takes place in Asia today, while further boosting GlobalFoundries’ production capacity.

    MIL OSI USA News –

    June 5, 2025

  • MIL-OSI: Old National Again Named Among the 50 Most Community-Minded U.S. Companies by Points of Light

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., June 04, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ONB) – For the second consecutive year, Old National Bancorp (“Old National”) has been named by Points of Light as one of “The Civic 50” honorees for 2025. This annual designation is reserved for the 50 most community-minded companies in the nation.

    A global nonprofit that inspires, equips and mobilizes people to take action that changes the world, Points of Light has recognized the 50 most community-minded companies in the nation every year since 2012. The Civic 50 award is based on employee volunteering, community investment, corporate citizenship and social impact programs.

    “Our team members love rolling up their sleeves and making a difference in their communities, as evidenced by the more than 67,000 collective volunteer hours they logged in 2024,” said Jim Ryan, Old National Chairman and CEO. “Old National is honored to again be recognized by Points of Light as an organization that truly puts our values into action.”

    Combined, The Civic 50 companies for 2025 have engaged more than 460,000 employees to volunteer more than 6.5 million hours in their communities. That’s double the average for U.S. companies not in The Civic 50.

    “In an ever-evolving landscape, companies are looking to ensure that they can meet the needs of their communities, customers, and stakeholders,” said Jennifer Sirangelo, President and CEO, Points of Light. “Companies like Old National are leading the way in showing how social impact benefits their employee’s well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce, and they’re extremely deserving of this recognition.”

    The Civic 50 honorees are companies with annual U.S. revenues of at least $1 billion. They are selected based on four dimensions of their corporate citizenship and social impact programs:

    • Investment of resources and volunteerism
    • Integration across business functions
    • Institutionalization through policies and systems
    • Impact measurement

    You can click here for the full list of The Civic 50 honorees. Additionally, for more information and to view Old National’s latest Community Action Report, click here.

    ABOUT OLD NATIONAL
    Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2025, Points of Light again named Old National as one of “The Civic 50” — an honor reserved for the 50 most community-minded companies in the United States.

    ABOUT POINTS OF LIGHT
    Points of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.

    Investor Relations:
    Lynell Durchholz
    (812) 464-1366
    lynell.durchholz@oldnational.com

    Media Relations:
    Rick Vach
    (904) 535-9489
    rick.vach@oldnational.com

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ef16551-151e-4885-a99d-ec031f84e1fe

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Caro Holdings Launches AI Agent Suite to Automate Investor Relations and Financial Operations

    Source: GlobeNewswire (MIL-OSI)

    SHEFFIELD, United Kingdom, June 04, 2025 (GLOBE NEWSWIRE) — Caro Holdings Inc. (OTC: CAHO), through its subsidiary, has launched an integrated suite of AI agents designed to automate manual processes across investor relations, financial reporting, compliance, and stakeholder communications. The flagship investor chatbot marks the first deployment in a platform built to streamline how public companies manage information flow and engage stakeholders.

    Caro’s AI ecosystem includes specialised agents that work independently and collaboratively to automate critical business functions:

    Investor Relations Agent

    • Provides instant, source-verified responses to investor, analyst, and media inquiries
    • Processes complex multi-document queries across filings, earnings releases, presentations, and regulatory submissions
    • Delivers personalized responses based on user type (institutional investor, retail shareholder, analyst, journalist)
    • Maintains conversation context for follow-up questions and detailed financial analysis

    Caro is also developing additional agents that support public companies in finance, compliance, and communications, including:

    • Financial Reporting Automation Agent – Generates investor-ready summaries, comparative reports, and stakeholder-specific fact sheets
    • Regulatory Compliance Monitor – Tracks disclosure requirements, flags potential issues, and maintains audit trails
    • Market Intelligence Agent – Monitors competitor activity, analyst sentiment, and market signals
    • Stakeholder Communication Agent – Automates personalised outreach, follow-ups, and multi-channel messaging after earnings calls or key events

    The platform leverages agentic AI to perform complex reasoning and decision-making previously requiring human expertise.

    Early adopters report significant impact:

    • 90% reduction in time spent on routine investor queries
    • 75% decrease in manual report prep for meetings
    • 24/7 availability, eliminating business-hour limitations

    The global AI chatbot market is projected to reach $31.11 billion by 2029, with financial services AI agents alone expected to grow to $4.5 billion by 2030 at a 45.4% CAGR. This reflects strong demand for automation tools that cut costs while improving the speed and quality of stakeholder interactions.

    Traditional IR teams still spend up to 80% of their time on repeatable tasks – from handling standard questions to generating boilerplate reports. Caro’s AI suite removes that burden, allowing professionals to focus on strategy and relationship-building.

    Companies interested in eliminating manual investor relations processes can request a demonstration and early access at www.caroholdings.com/earlyaccess.

    About Caro Holdings Inc.
    Caro Holdings Inc. is dedicated to accelerating the growth of brands through digital innovation and AI-powered solutions. Its services include e-commerce strategy, digital marketing, AI voice technology, and growth capital. Learn more at www.caroholdings.com.

    Caro Holdings Inc.
    +1 786-755-3210
    ir@caroholdings.com

    The MIL Network –

    June 5, 2025

  • MIL-OSI China: Ecological compensation mechanism for Yangtze, Yellow rivers slated for 2027 completion

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

    Ecological compensation mechanism for Yangtze, Yellow rivers slated for 2027 completion

    BEIJING, June 4 — China is set to establish a unified cross-basin ecological compensation mechanism for the mainstreams of the Yangtze and Yellow rivers by 2027, as part of its broader efforts to improve water environment management, the Ministry of Finance announced on Wednesday.

    According to a plan jointly issued by the ministry and four other government departments, the mechanism will expand to cover the mainstreams and major tributaries of key river basins, including the Yangtze and Yellow rivers, by 2035.

    The system will feature diversified compensation measures, flexible approaches, refined standards and a mature operational framework.

    China’s central fiscal authorities will play a coordinating and guiding role in implementing this mechanism — ensuring that compensation indicators and funding scales align with the water ecological conservation situation while remaining fiscally sustainable for local governments.

    China first introduced plans for Yangtze and Yellow river compensation mechanisms in 2021 and 2020, respectively. Since then, the country has made significant progress in terms of ecological conservation and restoration of these rivers.

    For example, the Yangtze River basin has seen a recovery in aquatic biodiversity following the imposition of a 10-year fishing ban in 2020. According to the Ministry of Agriculture and Rural Affairs, 344 native fish species were recorded in the river from 2021 to 2024 — an increase of 36 species compared to the 2017-2020 period before the ban took effect.

    Meanwhile, the Yellow River, China’s second-longest waterway, has also experienced steady ecological improvements, including enhanced water security and environmental quality.

    MIL OSI China News –

    June 5, 2025

  • MIL-OSI: GDS to Hold Annual General Meeting on June 26, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 04, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it will hold its 2025 Annual General Meeting of Shareholders (the “AGM”) at Beijing Meeting Room, F5, Building C, Sunland International, No. 999 Zhouhai Road, Pudong, Shanghai, P.R.C. at 4:00 p.m. (China Standard Time) on June 26, 2025 (which is 4:00 a.m. (Eastern Daylight Time) on June 26, 2025).

    Holders of the Company’s ordinary shares and Series A convertible preferred shares listed in the register of members of the Company at the close of business on June 4, 2025 (China Standard Time) are entitled to receive notice of, and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying Class A ordinary shares must act through JPMorgan Chase Bank, N.A. (“JPMorgan”), the depositary of the Company’s ADS program. Holders of ADSs at the close of business on June 4, 2025, New York time will be able to instruct JPMorgan as to how to vote the Class A ordinary shares represented by such ADSs.

    Copies of the Notice of the AGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at http://investors.gds-services.com, on the SEC’s website at www.sec.gov and HKEX’s website at http://www.hkexnews.hk.

    GDS has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (“SEC”). The Company’s Form 20-F can be accessed on the Company’s website at investors.gds-services.com, as well as on the SEC’s website at www.sec.gov.

    GDS has also published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEX”), which can be accessed on the Company’s website at investors.gds-services.com as well as the HKEX’s website at http://www.hkexnews.hk.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com

    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    GDS Holdings Limited

    The MIL Network –

    June 5, 2025

  • MIL-OSI Global: Development finance in a post-aid world: the case for country platforms

    Source: The Conversation – Africa – By Richard Calland, Emeritus Associate Professor in Public Law, UCT. Visiting Adjunct Professor, WITS School of Governance; Director, Africa Programme, University of Cambridge Institute for Sustainability Leadership, University of Cambridge

    With the Trump administration slashing US Agency for International Development budgets and European nations shifting overseas development aid budgets to bolster defence spending, the world has entered a “post-aid era”.

    But there is an opportunity to recast development finance as strategic investment: “country platforms”.

    Country platforms are government-led, nationally owned mechanisms that bring together a country’s climate priorities, investment needs and reform agenda, and align them with the interests of development partners, private investors and implementing agencies. They function as a strategic hub: convening actors, coordinating funding, and curating pipelines of projects for investment.

    Think of them as the opposite of donor-driven fragmentation. Instead of dozens of disconnected projects driven by external priorities, a country platform enables governments to set the agenda and direct finance to where it is needed most. That could be renewable energy, climate-smart agriculture, resilient infrastructure, or nature-based solutions.

    Country platforms are a current fad. They were the talk of the town at the 2025 Spring meetings of multilateral development banks in Washington DC. Will they quickly fade as the next big new idea comes into view? Or can they escape the limitations and failings of the finance and development aid ecosystem?

    The Independent High Level Expert Group on Climate Finance, on which I serve, is striving to find new ways to ramp up finance – both public and private – in quality and quantity. I agree with those who argue that country platforms could be the innovation that unlocks the capital urgently needed to tackle climate overshoot and buttress economic development.

    The model is already being tested. More than ten countries have launched their platforms, and more are in the pipeline.

    For African countries, the opportunity could not be more timely. African governments are racing to deliver their Nationally Determined Contributions. These are the commitments they’ve made to reduce their greenhouse gas emissions as part of climate change mitigation targets set out in the Paris Agreement. Implementing these plans is often being done under severe fiscal constraints.

    At the same time global capital is looking for investment opportunities. But it needs to be convinced that the rewards will outweigh the risks.

    Where it’s being tested

    In Africa, South Africa’s Just Energy Transition Partnership has demonstrated both the potential and the complexity of a country platform. Egypt and Senegal also have country platforms at different stages of implementation. Kenya and Nigeria are exploring similar mechanisms. The African Union’s Climate Change and Resilient Development Strategy calls for country platforms across the continent.

    New entrants can learn from countries that started first.

    But country platforms come in different shapes and sizes according to the context.

    Another promising example is emerging through Mission 300, an initiative of the World Bank and African Development Bank, working with partners like The Rockefeller Foundation, Global Energy Alliance for People and Planet, and Sustainable Energy for All. It aims to connect 300 million people to clean electricity by 2030.

    Central to this initiative are Compact Delivery and Monitoring Units. These are essentially country platforms anchored in electrification. They reflect how a well-structured country platform can make an impact. Twelve African countries are already moving in this direction. All announced their Mission 300 compacts at the Africa Heads of State Summit in Tanzania.

    This growing cohort reflects a continental commitment to putting energy-driven country platforms at the heart of Africa’s development architecture.

    Why now – and why Africa?

    A well-functioning country platform can help in a number of ways.

    Firstly, it can give the political and economic leadership a clear goal. The platform can survive elections and show stability, certainty and transparency to the investment world.

    Secondly, national ownership and strategic alignment can reduce risk and build confidence. That would encourage investment.

    Thirdly, it builds trust among development partners and investors through clear priorities, transparency, and national ownership.

    Fourthly, it moves beyond isolated pilot projects to system-level transformation – meaning structural change. The transition in one sector, energy for example, creates new value chains that create more, better and safer jobs. Country platforms put African governments in charge of their own economic development, not as passive recipients of climate finance.

    The country sets its investment priorities and then the match-making with international climate finance can begin.

    Making it work: what’s needed

    Developing the data on which a country bases its investment and development plans, and blending those with the fiscal, climate and nature data, is complex. For this reason country platforms require investment in institutional capacity, cross-ministerial collaboration, and strong coordination between finance ministries, environment agencies and economic planners. And especially, in leadership capability.

    African countries must take charge of this capacity and capability acceleration.

    Second, development partners can respond by providing money as well as supporting African leadership, aligning with national strategies, and being willing to co-design mechanisms that meet both investor expectations and local realities.

    Capacity is especially crucial given the scale of Africa’s needs. According to the African Development Bank, Africa will require over US$200 billion annually by 2030 to meet its climate goals. Donor aid will provide only a fraction of this. It will require smart, coordinated investment and careful debt management. Country platforms provide the structure to govern the process.

    Seizing the opportunity

    Country platforms represent one of the most promising innovations in climate and development finance architecture. Properly designed and led, they offer African countries the opportunity to take ownership of their climate and development futures – on their own terms.

    Country platforms could be the “buckle” that finally enables the supply and demand sides of climate finance to come together. It will require commitment, strategic and technical capability, and, above all, smart leadership.

    Richard Calland works for the University of Cambridge Institute for Sustainability Leadership. He is also an Emeritus Associate Professor at the University of Cape Town and an Adjunct Visiting Professor at the University of Witwatersrand School of Governance. He serves on the Advisory Council of the Council for the Advancement of the South African Constitution, Chairs of the Board of Sustainability Education and is a member of the Board of Chapter Zero Southern Africa.

    – ref. Development finance in a post-aid world: the case for country platforms – https://theconversation.com/development-finance-in-a-post-aid-world-the-case-for-country-platforms-257994

    MIL OSI – Global Reports –

    June 5, 2025

  • MIL-OSI Africa: Development finance in a post-aid world: the case for country platforms

    Source: The Conversation – Africa – By Richard Calland, Emeritus Associate Professor in Public Law, UCT. Visiting Adjunct Professor, WITS School of Governance; Director, Africa Programme, University of Cambridge Institute for Sustainability Leadership, University of Cambridge

    With the Trump administration slashing US Agency for International Development budgets and European nations shifting overseas development aid budgets to bolster defence spending, the world has entered a “post-aid era”.

    But there is an opportunity to recast development finance as strategic investment: “country platforms”.

    Country platforms are government-led, nationally owned mechanisms that bring together a country’s climate priorities, investment needs and reform agenda, and align them with the interests of development partners, private investors and implementing agencies. They function as a strategic hub: convening actors, coordinating funding, and curating pipelines of projects for investment.

    Think of them as the opposite of donor-driven fragmentation. Instead of dozens of disconnected projects driven by external priorities, a country platform enables governments to set the agenda and direct finance to where it is needed most. That could be renewable energy, climate-smart agriculture, resilient infrastructure, or nature-based solutions.

    Country platforms are a current fad. They were the talk of the town at the 2025 Spring meetings of multilateral development banks in Washington DC. Will they quickly fade as the next big new idea comes into view? Or can they escape the limitations and failings of the finance and development aid ecosystem?

    The Independent High Level Expert Group on Climate Finance, on which I serve, is striving to find new ways to ramp up finance – both public and private – in quality and quantity. I agree with those who argue that country platforms could be the innovation that unlocks the capital urgently needed to tackle climate overshoot and buttress economic development.

    The model is already being tested. More than ten countries have launched their platforms, and more are in the pipeline.

    For African countries, the opportunity could not be more timely. African governments are racing to deliver their Nationally Determined Contributions. These are the commitments they’ve made to reduce their greenhouse gas emissions as part of climate change mitigation targets set out in the Paris Agreement. Implementing these plans is often being done under severe fiscal constraints.

    At the same time global capital is looking for investment opportunities. But it needs to be convinced that the rewards will outweigh the risks.

    Where it’s being tested

    In Africa, South Africa’s Just Energy Transition Partnership has demonstrated both the potential and the complexity of a country platform. Egypt and Senegal also have country platforms at different stages of implementation. Kenya and Nigeria are exploring similar mechanisms. The African Union’s Climate Change and Resilient Development Strategy calls for country platforms across the continent.

    New entrants can learn from countries that started first.

    But country platforms come in different shapes and sizes according to the context.

    Another promising example is emerging through Mission 300, an initiative of the World Bank and African Development Bank, working with partners like The Rockefeller Foundation, Global Energy Alliance for People and Planet, and Sustainable Energy for All. It aims to connect 300 million people to clean electricity by 2030.

    Central to this initiative are Compact Delivery and Monitoring Units. These are essentially country platforms anchored in electrification. They reflect how a well-structured country platform can make an impact. Twelve African countries are already moving in this direction. All announced their Mission 300 compacts at the Africa Heads of State Summit in Tanzania.

    This growing cohort reflects a continental commitment to putting energy-driven country platforms at the heart of Africa’s development architecture.

    Why now – and why Africa?

    A well-functioning country platform can help in a number of ways.

    Firstly, it can give the political and economic leadership a clear goal. The platform can survive elections and show stability, certainty and transparency to the investment world.

    Secondly, national ownership and strategic alignment can reduce risk and build confidence. That would encourage investment.

    Thirdly, it builds trust among development partners and investors through clear priorities, transparency, and national ownership.

    Fourthly, it moves beyond isolated pilot projects to system-level transformation – meaning structural change. The transition in one sector, energy for example, creates new value chains that create more, better and safer jobs. Country platforms put African governments in charge of their own economic development, not as passive recipients of climate finance.

    The country sets its investment priorities and then the match-making with international climate finance can begin.

    Making it work: what’s needed

    Developing the data on which a country bases its investment and development plans, and blending those with the fiscal, climate and nature data, is complex. For this reason country platforms require investment in institutional capacity, cross-ministerial collaboration, and strong coordination between finance ministries, environment agencies and economic planners. And especially, in leadership capability.

    African countries must take charge of this capacity and capability acceleration.

    Second, development partners can respond by providing money as well as supporting African leadership, aligning with national strategies, and being willing to co-design mechanisms that meet both investor expectations and local realities.

    Capacity is especially crucial given the scale of Africa’s needs. According to the African Development Bank, Africa will require over US$200 billion annually by 2030 to meet its climate goals. Donor aid will provide only a fraction of this. It will require smart, coordinated investment and careful debt management. Country platforms provide the structure to govern the process.

    Seizing the opportunity

    Country platforms represent one of the most promising innovations in climate and development finance architecture. Properly designed and led, they offer African countries the opportunity to take ownership of their climate and development futures – on their own terms.

    Country platforms could be the “buckle” that finally enables the supply and demand sides of climate finance to come together. It will require commitment, strategic and technical capability, and, above all, smart leadership.

    – Development finance in a post-aid world: the case for country platforms
    – https://theconversation.com/development-finance-in-a-post-aid-world-the-case-for-country-platforms-257994

    MIL OSI Africa –

    June 5, 2025

  • MIL-OSI Africa: Africa Investment Forum Partners Sign Partnership Framework Agreement at African Bank Development Bank Group’s 2025 Annual Meetings

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

    ABIDJAN, Ivory Coast, June 4, 2025/APO Group/ —

    On the sidelines of the African Development Bank Annual Meetings (www.AfDB.org), founding partners of the Africa Investment Forum signed a Partnership Framework Agreement, reinforcing their collective commitment to mobilize transformative investments across the African continent.

    The new framework creates a clearer partnership model that sets out the roles and benefits for the founding partners. It also opens the door for expansion to new partners, ensuring everyone benefits while increasing the Forum’s overall impact.

    Launched in 2018, the Africa Investment Forum platform has solidified its standing as  Africa’s premier investment marketplace for global investors and has garnered nearly $225 billion in investment interest to date.

    Principals of the African Development Bank Group, Africa50, Africa Finance Corporation, Development Bank of Southern Africa (DBSA) and Arab Bank for Economic Development in Africa (BADEA) signed the agreement. The other partners are Trade and Development Bank, European Investment Bank, Islamic Development Bank and Afreximbank.

    Speaking at the signing ceremony, President of the African Development Bank Group and chairperson of the Africa Investment Forum, Dr. Akinwumi A. Adesina said:

    “This agreement is a testament to our shared vision: that Africa will not be developed by aid, but by investment. The AIF has changed perceptions and proven that Africa is indeed a bankable destination.”

    Dr Fahad Abdullah Aldossari, Chairman of BADEA’s Board of Directors said: “The signing of the AIF Framework Agreement marks a remarkable milestone to ascertain both effectiveness and efficiency as well as financial sustainability for AIF 2.0 in a bid to advance more projects to bankability and crowd-in transformative investments to the continent.”

    Alain Ebobissé, CEO of Africa 50 said: “This signature marks our renewed commitment to support the objectives of the Africa Investment Forum, launched under the visionary leadership of President Adesina. It is a much-needed deal-making platform that helps strengthen collaborations and leverage innovative models to unlock private capital to accelerate the delivery of bankable projects on the continent. It is critical for African Institutions to support it”.

    “As a Founding Partner, we are proud to see this initiative formally take shape. Through AIF, we’ve proven what Africa can achieve when we collaborate — building the continent’s first investment platform that truly mobilizes capital for bankable, high-impact projects,” said Samaila Zubairu, President and CEO of Africa Finance Corporation.

    “We have to continue leveraging the AIF as a platform for capital mobilisation in Africa, to bridge the infrastructure funding gap in the continent,” said DBSA’s CEO Boitumelo Mosako.

    The signing of the Partnership Framework Agreement takes place ahead of what is expected to be an expanded and impactful Market Days 2025, to be held from 26 to 28 November 2025 in Rabat, Morocco. Market Days, the centerpiece of the Africa Investment Forum platform, brings together investors, deal sponsors and heads of government to advance transformational African projects toward financial close.   

    MIL OSI Africa –

    June 5, 2025

  • MIL-OSI United Kingdom: Collision between a train and an agricultural trailer at Nordan Farm user worked level crossing

    Source: United Kingdom – Executive Government & Departments

    News story

    Collision between a train and an agricultural trailer at Nordan Farm user worked level crossing

    Investigation into a collision between a passenger train and an agricultural trailer at Nordan Farm user worked level crossing, near Leominster, Herefordshire, 22 May 2025.

    The train and trailer involved.

    At around 10:37 on 22 May 2025, the 08:30 Transport for Wales passenger service from Manchester to Cardiff struck a loaded agricultural trailer which was being hauled by a tractor across Nordan Farm user worked level crossing, near to Leominster. RAIB’s initial analysis indicates that the train was travelling at around  80 mph (129 km/h) when it struck the trailer. As a result of the collision, the trailer parted from the tractor and became wedged on the front of the train. The train then ran for around 500 metres under braking before it came to a stand.

    The train did not derail as a result of the accident but its leading vehicle, a driving van trailer, and some of the leading passenger coaches suffered damage. Of the 66 passengers and 8 staff on board, 6 passengers were reportedly treated for minor injuries. The tractor driver was uninjured. Damage was also caused to the trailer that was struck by the train and to track, lineside equipment and a second level crossing located beyond Nordan Farm.

    Nordan Farm user worked crossing is fitted with telephones. Users are directed by signs at the crossing to use the telephones to obtain permission from the signaller before opening the crossing gates and crossing the railway. The evidence available to RAIB shows that the driver of the tractor involved in this accident telephoned the signaller before using the crossing. 

    Our investigation will determine the sequence of events that led to the accident and will include consideration of:

    • the actions of those involved and any factors that may have influenced them
    • any previous incidents at Nordan Farm user worked crossing and how these may be relevant to this accident
    • the management of risk at this crossing and Network Rail’s wider strategy for assessing and mitigating risks at user worked crossings
    • any relevant underlying factors.

    Our investigation is independent of any investigation by the railway industry or by the industry’s regulator, the Office of Rail and Road.

    We will publish our findings, including any recommendations to improve safety, at the conclusion of our investigation. This report will be available on our website.

    You can subscribe to automated emails notifying you when we publish our reports.

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    Updates to this page

    Published 4 June 2025

    MIL OSI United Kingdom –

    June 5, 2025

  • MIL-OSI: Chuck MacAnanny Brings Fast-Growing Business to Rate in Mt. Pleasant, SC

    Source: GlobeNewswire (MIL-OSI)

    MOUNT PLEASANT, S.C., June 04, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, today announced that Chuck MacAnanny has joined the company as a loan officer in Mt. Pleasant, South Carolina. With more than 20 years of mortgage lending experience, MacAnanny is accelerating his growth by aligning with a team of high-performing originators.

    A top 1% loan originator nationally and a consistent Presidents Club and Chairman’s Club honoree, MacAnanny moved to Rate after more than a decade with his previous lender. The decision was fueled by a clear ambition to surround himself with top producers and take his business to the next level.

    “My move to Rate was by desire for growth,” said MacAnanny. “I was at my previous company for 11 years, but knew something was missing and that I needed to make a change to uplevel my progress. I wanted to find a company with multiple top producers to surround myself with and learn from. At Rate, I have found a great new home where I will thrive. I set a goal of doubling my business each year over the next few years, and believe I now have the support I have always desired to accomplish this.”

    With a long track record of excellence, including eight consecutive years as a President’s Club member and two years in the Chairman’s Club, MacAnanny brings proven production and leadership to the Rate team.

    “We are thrilled to welcome Chuck to our team at Rate,” said Jeff Nelson, Chief Production Officer – East. “He brings over 20 years of expertise in mortgage lending. His extensive knowledge and experience will be a tremendous asset, propelling him to great success with us.”

    This appointment underscores Rate’s continued focus on attracting experienced originators ready to grow their business and benefit from a high-performance, tech-enabled platform.

    About Rate
    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Media Contact

    press@rate.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4594612-9a54-4dbd-8af5-e198d1d78308

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Flywire Named to PCI Security Standards Council 2025-2027 Board of Advisors

    Source: GlobeNewswire (MIL-OSI)

    For the second consecutive term, Flywire joins other leading organizations to help shape the future of security standards and protocols

    David King, Flywire’s CTO, and Barbara Cousins, Flywire’s CIO & CISO, leverage their extensive security and payment experience to represent Flywire on the prestigious Board

    BOSTON, June 04, 2025 (GLOBE NEWSWIRE) — Flywire Corporation (NASDAQ: FLYW) (Flywire), a global payments enablement and software company, today announced that it has been named to the PCI Security Standards Council (PCI SSC) 2025-2027 Board of Advisors. Flywire’s Chief Technology Officer (CTO), David King, and Chief Information Officer / Chief Information Security Officer (CIO / CISO), Barbara Cousins, will represent Flywire on the PCI SSC Board of Advisors and provide their expertise to help shape the future of payment security.

    Flywire’s second consecutive appointment to the PCI SSC Board of Advisors builds on the Company’s longstanding relationship with the PCI SSC. Flywire’s CTO David King has regularly been Flywire’s representative as a Participation Organization on the PCI SSC. Additionally, King was part of the original team in 2003-2004 that helped to draft the initial version of PCI DSS 1.0. King will now bring his technical insights, expertise, perspectives and ideas to help shape the development of forthcoming security standards and programs.

    “We are incredibly proud to join the PCI SSC Board of Advisors and continue the important work designed to create more secure, compliant payment solutions across industries,” said David King, Flywire CTO. “It is a very dynamic landscape for payments security, and we are excited to apply our unique expertise working in highly regulated industries to help solve the most pressing payments challenges of our time.”

    The appointment also validates Flywire’s commitment to maintaining the security and integrity of the payments it delivers across the industries it serves. Flywire prioritizes robust security and compliance, demonstrating this commitment through rigorous internal controls and adherence to the highest industry standards. Flywire is PCI DSS Level 1 certified, the most stringent level for credit card data security, and undergoes annual SOC II Type II audits, attesting to their strong information management processes. Beyond these foundational certifications, Flywire proactively manages global regulatory requirements, maintaining comprehensive Anti-Money Laundering (AML) / Counter-Terrorist Financing (CTF) programs and complying with various data protection laws like GDPR, CCPA, PIPEDA, HIPAA and FERPA.

    Flywire’s security capabilities are a key differentiator for many of the company’s global clients. For Nordic Visitor, one of the largest tour operators in Scandinavia, Flywire’s robust security and compliance features were paramount in its decision to select Flywire to be its international payments provider:

    “Flywire’s solutions are much more modernized and capable of handling new technology. Security was a main driver for choosing Flywire, along with the cost savings,” said Magnús Freyr Erlingsson, Chief Operating Officer at TravelConnect, which oversees operations of Nordic Visitor.

    “At Flywire, being a leader in security and compliance isn’t just about meeting regulatory checkboxes; it’s about building and preserving the fundamental trust our clients and their customers place in us,” says Barbara Cousins, CISO of Flywire. “We have always maintained proactive and superior security protocols to protect sensitive data and ensure seamless, secure transactions. We are thrilled to help apply our knowledge and expertise to help contribute to a more secure and reliable financial future for everyone.”

    “The Board of Advisors provides industry expertise and perspectives that influence and shape the development of PCI security standards and programs,” said PCI SSC Executive Director Gina Gobeyn. “We look forward to working with Flywire in our efforts to help organizations secure payment data globally.”

    About the PCI Security Standards Council

    The PCI Security Standards Council (PCI SSC) leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with PCI SSC on LinkedIn. Join the conversation on X (formerly Twitter) @PCISSC. Subscribe to the PCI Perspectives Blog. Listen to the Coffee with the Council podcast.

    About Flywire

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

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

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

    Safe Harbor Statement

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s expectations of its security and data privacy policies. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Media Contacts:

    Sarah King
    Flywire
    Media@Flywire.com 

    Investor Contacts:

    Masha Kahn
    IR@Flywire.com 

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Varonis Named a Gartner® Peer Insights™ Customers’ Choice for Second Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, June 04, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, has once again been recognized as a 2025 Customers’ Choice in the Gartner® Peer Insights™ “Voice of the Customer” for Data Security Posture Management (DSPM). This marks the second consecutive year Varonis received this prestigious distinction.

    Varonis is proud to be one of the highest scoring vendors, with an impressive 4.9 out of 5 stars out of 149 reviews and more five-star ratings, as of February 2025. Notably, 99% of customers said they would recommend Varonis.

    Customers rated Varonis 4.9 out of 5 stars for support experience and 4.8 out of 5 stars for product capabilities. Here’s what they have to say:

    “Our customers are our best advocates, and the results speak for themselves,” said Varonis CMO Rob Sobers. “In our opinion, being named a Customers’ Choice for two consecutive years with a 99% recommendation is quantitative evidence that we deliver and are constantly innovating. Our team is dedicated to helping organizations confidently strengthen their cyber resilience and effortlessly reduce data risk through automation.”

    GARTNER is a registered trademark and service mark, and PEER INSIGHTS is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

    Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, identity protection, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com 

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Onfolio Holdings Launches Pace Generative to Help Brands Dominate AI-Generated Search Results

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, Del., June 04, 2025 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”) today announced the launch of Pace Generative LLC, a dedicated Generative Engine Optimization (GEO) agency created to help brands appear in AI-generated answers – a rapidly emerging opportunity in digital discovery and trust-building.

    As AI assistants start to replace traditional search engines as the primary way people discover and evaluate services, GEO has emerged as a mission-critical strategy. It ensures that a brand’s insights and authority are embedded in the answers delivered by AI tools – positioning businesses at the point of decision-making, not just after the fact.

    Generative Engine Optimization (GEO) helps businesses become part of the answers AI platforms generate, by embedding their expertise directly in real-time, conversational responses.

    When a user asks an AI assistant, “Who’s the top cosmetic surgeon near me?”, “What wealth management firm should I trust with my portfolio?”, or “Which estate planning attorney is most experienced in my area?”, GEO helps to determine which businesses are cited in the answer. These moments often shape high-value decisions, before a search engine is ever consulted. For example, a law firm that appears in ChatGPT’s response to “best estate attorney in Miami” could earn immediate trust and consideration well before a potential client sees competing websites.

    AI-driven discovery is accelerating. A recent Elon University study found that 52% of U.S. adults already use AI tools like ChatGPT, Gemini, Claude, Grok, and Copilot. ChatGPT alone now serves 400 million weekly active users globally, including nearly 68 million in the U.S. With platforms like Perplexity gaining traction, AI assistants are becoming the default source for trusted, real-time answers. According to McKinsey, generative AI could add as much as $4.4 trillion in annual economic value, with marketing and sales among the most directly impacted sectors.

    This shift is transforming how brands are discovered, evaluated, and chosen.

    As traditional search becomes a fallback rather than the starting point, GEO has emerged as a critical strategy for relevance. Unlike SEO, which helps websites rank in search results, GEO ensures a brand’s insights, authority, and offerings are embedded directly in AI-generated answers.

    SEO earns clicks. GEO earns trust, by making brands part of the answer, not just part of the results. Today’s search engines send users to websites. AI platforms deliver the answer itself. If a brand isn’t cited, it may be invisible at the moment of decision.

    Onfolio brings deep experience in SEO, having led successful campaigns across multiple agencies and industries. With a strong foundation in content strategy, technical optimization, and performance publishing, the Company is now applying that expertise to the next era of online visibility: GEO.

    The launch of Pace Generative marks a strategic evolution. Purpose-built for the AI era, with proprietary frameworks, scalable systems, and specialized processes designed to help brands be recognized and cited by AI platforms.

    Our core services are designed to help brands become part of the answers AI platforms deliver and not just compete for placement in crowded search results:

    • Question-Driven Content CreationWe craft authoritative content; articles, guides, FAQs, that mirrors how real people ask questions in tools like ChatGPT and Gemini.
    • AI-Optimized Site StructureWe organize websites so that AI models can easily understand, access, and reference key information – ensuring important expertise isn’t overlooked.
    • Language and Topic AlignmentWe align messaging with the terms and topics AI platforms associate with credibility – positioning content to be cited accurately and confidently.
    • Strategic Publishing and DistributionWe publish and distribute content in formats, channels, and timelines that signal trust- improving the likelihood of being included in AI-generated answers.

    These services improve the chances that a brand will be surfaced in the moment a customer asks for a trusted recommendation and will help position that brand as part of the decision-making conversation.

    “AI is where decisions are being made,” said Dominic Wells, CEO of Onfolio Holdings Inc. “If a brand isn’t part of the answers, it’s not in the market. GEO isn’t just the next evolution of search, it’s the new standard for being found.”

    Pace Generative is built for businesses and professionals in industries where trust, expertise, and timing drive customer decisions – including healthcare, finance, law, education, consulting, B2B services, and high-end consumer markets.

    Onfolio anticipates strong demand for Pace Generative’s GEO service as more organizations adapt their marketing strategies for AI-native visibility.

    As artificial intelligence continues to reshape how the world seeks and selects solutions, Pace Generative is helping forward-thinking companies lead the AI-powered conversations that define tomorrow’s market leaders.

    For more information, visit www.pacegenerative.com or contact Mike at mike@pacegenerative.com.

    About Onfolio Holdings Inc.

    Onfolio acquires, operates, and scales a diversified portfolio of digital companies. The Company focuses on businesses with strong cash flows, long-term growth potential, and experienced leadership—or those that can be effectively managed by Onfolio’s in-house team. By targeting under-optimized businesses with untapped potential, Onfolio adds value through operational expertise, strategic guidance, and advanced technologies. For more information, visit www.onfolio.com.

    Safe Harbor Statement

    The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Examples of forward-looking statements include, among others, statements we make regarding expected operating results, such as revenue growth and earnings, and strategy for growth and financial results. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1.A “Risk Factors” in our most recent Form 10-K and other risks to which our Company is subject, and various other factors beyond the Company’s control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Company Contact:
    Investor Communications
    Onfolio Holdings Inc.
    Investors@Onfolio.com

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Real Matters Appoints Mortgage Market Industry Veteran John Walsh to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 04, 2025 (GLOBE NEWSWIRE) — Real Matters Inc. (“Real Matters” or the “Company”), a leading network management services provider for the mortgage lending and insurance industries, today announced the appointment of John Walsh to its Board of Directors, effective June 4, 2025. Mr. Walsh will serve on the Company’s Compensation, Nomination, Governance and Sustainability Committee. Following the appointment of Mr. Walsh, the Board will comprise seven directors, six of whom are independent.

    “On behalf of the Board, I am delighted to welcome John as a new director,” said Real Matters Chairman Garry Foster. “With more than four decades of mortgage market experience, John is a seasoned industry veteran whose extensive background and expertise in financial services, data and technology will be an invaluable asset to our Board and to the Company as it continues to pursue its long-term growth strategy.”

    John Walsh is a corporate director with more than four decades of experience in the mortgage, real estate and financial services industry, including leading technology and data firms. Mr. Walsh is currently a director and the former CEO of California-based LERETA LLC (2015 to 2025), a leading provider of real estate tax services. Prior to joining LERETA, Mr. Walsh was the CEO of DataQuick, a nationwide provider of real estate property information, analytics and mortgage settlement services from 2008 to 2015. Previously, he was president of Del Mar Database, a provider of technology solutions to residential lenders. He is also the former president of RF/Spectrum Decision Science Corp. and chairman and CEO at PureCarbon, Inc. (now Workstream, Inc.). Earlier in his career, Mr. Walsh held senior management positions at several mortgage companies and banks. 

    “I am truly excited to be joining the Real Matters Board and am eager to bring my experience to the table in support of the Company’s continued growth and innovation,” said John Walsh. “I look forward to contributing to the Company’s success as it strengthens its position as a leader in mortgage technology and drives forward-thinking solutions in an ever-evolving industry.”

    Mr. Walsh was an independent director of DocuTech Inc. from 2013 to 2018, serving on its Compensation Committee. He holds a Master of Business Administration from Harvard Business School and a Bachelor of Science Degree from California Lutheran College. He is also a recipient of the PROGRESS in Lending Association Lending Luminary Award™.

    About Real Matters
    Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest banks and insurance companies in Canada. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

    For more information:
    Lyne Beauregard
    Vice President, Investor Relations and Corporate Communications
    Real Matters
    lbeauregard@realmatters.com
    416.994.5930

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cf814742-972f-45dc-ab64-69bb92179659

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Hallador Energy Company Appoints Todd Telesz as Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    TERRE HAUTE, Ind., June 04, 2025 (GLOBE NEWSWIRE) — Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”) today announced the appointment of Todd Telesz as Chief Financial Officer, effective June 23, 2025. Mr. Telesz will succeed Marjorie Hargrave, who has been with Hallador since April 2024 and is leaving the Company to pursue other opportunities. Ms. Hargrave was instrumental in reducing operating and overhead expenses, improving turn-around times for internal and external financial reporting and driving other efficiencies within the Company and will remain with the Company for a short period to ensure a seamless transition.

    Mr. Telesz is an accomplished financial executive with extensive experience in the power sector. Since 2024, Mr. Telesz has served as Chief Financial Officer of Tri-State Generation and Transmission Association, Inc., a non-profit generation and transmission cooperative owned by 40 cooperative systems across four states. Between 2021 and 2023, he served as Chief Executive Officer of Basin Electric, one of the nation’s largest cooperative associations, owned by 141 cooperative systems across nine states. Prior to Mr. Telesz’s role at Basin Electric, he served as Senior Vice President at CoBank, ACB, a provider of loans and financial services to cooperatives, agribusinesses, rural utilities and farm credit associations in its Power, Energy and Utilities division between 2007 and 2021.

    “I would like to thank Marjie for her time with Hallador and for the meaningful contributions she made to the Company during the initial phases of our transition from a coal producer to an independent power producer (“IPP”),” said Brent Bilsland, President and Chief Executive Officer of Hallador. “I’m pleased to welcome Todd to the team and believe his experience in high-profile leadership roles as well as his extensive relationships within the power sector will help advance our efforts to acquire additional generation, specifically as energy cooperatives continue to retire or exit portfolios of fossil-based generation. We are excited for the expertise that Todd will bring to Hallador as we further penetrate the power market and seek to advance our acquisition strategy.”

    Forward-Looking Statements

    This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act“), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act“). Statements that are not strictly historical statements constitute forward-looking statements and may often, but not always, be identified by the use of such words such as “expects,” “believes,” “intends,” “anticipates,” “plans,” “estimates,” “guidance,” “target,” “potential,” “possible,” or “probable” or statements that certain actions, events or results “may,” “will,” “should,” or “could” be taken, occur or be achieved. Forward-looking statements include, without limitation, those relating to our ability to execute definitive agreements with respect to the non-binding term sheet with a leading global data center developer, to execute a strategic transaction that delivers long-term value for our shareholders or to strengthen opportunities for growth and cash flow generation. Forward-looking statements are based on current expectations and assumptions and analyses made by Hallador and its management in light of experience and perception of historical trends, current conditions and expected future developments, as well as other factors appropriate under the circumstances that involve various risks and uncertainties that could cause actual results to differ materially from those reflected in the statements. These risks include, but are not limited to, those set forth in Hallador’s annual report on Form 10-K for the year ended December 31, 2024, and other Securities and Exchange Commission filings. Hallador undertakes no obligation to revise or update publicly any forward-looking statements except as required by law.

    About Hallador Energy Company

    Hallador Energy Company (Nasdaq: HNRG) is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana. The Company has two core businesses: Hallador Power Company, LLC, which produces electricity and capacity at its one-Gigawatt (GW) Merom Generating Station, and Sunrise Coal, LLC, which produces and supplies fuel to the Merom Generating Station and other companies. To learn more about Hallador, visit the Company’s website at http://www.halladorenergy.com/.

    Company Contact

    Ryan McManis
    Chief Legal Officer
    RMcManis@halladorenergy.com

    Investor Relations Contact

    Sean Mansouri, CFA
    Elevate IR
    (720) 330-2829
    HNRG@elevate-ir.com

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Wedbush Fund Advisers Launches IVES AI Revolution ETF Built on Dan Ives’ Proprietary Research

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) — Wedbush Fund Advisers has launched the Dan IVES Wedbush AI Revolution ETF (Ticker: IVES). The ETF will provide investors with transparent, cost-effective access to 30 names at the heart of the AI Revolution.

    Built around the proprietary research framework of Dan Ives, Wedbush Securities Managing Director and Global Head of Technology Research, the ETF targets companies driving AI’s infrastructure and deployment across semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. These companies form the backbone of a multi trillion-dollar investment cycle transforming global industries and accelerating enterprise and consumer adoption.

    Key Features of IVES ETF:

    • Research-Driven Selection: Constituents are drawn directly from Dan Ives’ proprietary research behind “The AI Revolution Theme,” a multi-year analysis identifying 30 public companies at the core of the AI spending cycle;
    • Cross-Sector Exposure: Covers the full spectrum of industries powering the AI economy — from infrastructure to implementation;
    • Balanced Construction: Strategically weighted to reduce concentration risk while maintaining high-conviction thematic exposure;
    • Future-Focused Positioning: Targets companies with both established momentum and long-term potential to lead in enterprise and consumer AI adoption.

    “We’re incredibly excited to bring Dan Ives’ research on the AI Revolution to life through this ETF,” said Cullen Rogers, Chief Investment Officer of Wedbush Fund Advisers. “It’s a response to what investors have been asking for—direct, meaningful exposure to the companies powering the next major economic transformation: artificial intelligence.”

    Wedbush entered the rapidly growing ETF market earlier this year through its new Investment Management division, marking the firm’s commitment to cutting-edge investment solutions and highly curated product development for our Global Family Office, Wealth Management and RIA clients.

    “AI is the most transformational force in the global economy in our lifetime,” said Gary Wedbush, President and Chief Executive Officer of Wedbush Securities. “Dan’s track record speaks for itself. He’s been identifying the drivers of tech disruption for years, and the IVES ETF gives investors a chance to follow that insight in a disciplined, transparent way. We are proud to offer investors exposure to the AI Revolution through the IVES ETF.”

    About Wedbush Fund Advisers, LLC

    Wedbush Fund Advisers launched in 2024 to build on Wedbush’s 70-year legacy of market insight, innovation, and client trust. Our mission is to design forward-thinking investment strategies that reflect the evolving nature of markets and investor priorities. Backed by a seasoned team with decades of asset management experience, we’re committed to building a trusted platform that expands Wedbush’s tradition of excellence into the next era of investment innovation.

    Media Inquiries
    Deborah Kostroun
    Phone: +1 201 403-8185
    Email: deborah@zitopartners.com

    Important Information

    Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

    Carefully consider the Fund’s investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds’ prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.wedbushfunds.com. Read the prospectus carefully before investing.

    AI Technology Risk. AI technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that such AI utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error – potentially materially so – and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of the AI technology. Companies involved in, or exposed to, artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize artificial intelligence. Further, many companies involved in, or exposed to, artificial intelligence-related businesses may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

    Calculation Methodology Risk. The Index relies directly or indirectly on various sources of information to assess the criteria of issuers included in the Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Adviser can offer assurances that the Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers or a correct valuation of securities, nor can they guarantee the availability or timeliness of the production of the Index.

    Concentration Risk. The Fund’s investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the Shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries.

    Investing involves risk, including possible loss of principal. Narrowly focused thematic investments will be more susceptible to factors affecting that sector and subject to more volatility.

    The Wedbush Funds are distributed by Foreside Fund Services, LLC. Wedbush Fund Advisers, LLC and Foreside Fund Services, LLC, are not affiliated.

    Investment products are not insured by the FDIC or any federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

    The MIL Network –

    June 5, 2025

  • MIL-OSI: DelNorte Launches DTVc Token, Advancing Blockchain and AI-Driven Government Data Management with Decentralized Property Systems

    Source: GlobeNewswire (MIL-OSI)

    DelNorte, a groundbreaking platform at the intersection of artificial intelligence and blockchain, has taken a major leap forward in transforming government data management. At the core of this innovation is DelNorte’s decentralized Municipal Property Management Standard, combined with a patent-pending CRM tailored to the public sector, setting a new standard in how governments manage, share, and monetize public data..

    PANAMA CITY, Panama, June 04, 2025 (GLOBE NEWSWIRE) — DelNorte has officially launched its native token, marking a significant milestone in its mission to transform government data management using AI and blockchain. The token is now available on MEXC, a top leading exchange in web3 world, allowing investors and users to participate in the ecosystem that powers DelNorte’s groundbreaking solutions. By integrating AI with blockchain, DelNorte ensures a level of transparency, efficiency, and accountability never before seen in the public sector. Their cutting-edge solutions offer a robust, immutable infrastructure for government data management, providing citizens with better access to public information and streamlining processes for government officials.

    DelNorte’s flagship product revolutionizes municipal property systems by tokenizing property deeds as ERC-721 NFTs, integrating real-world legal metadata and IPFS storage to ensure data integrity. This approach not only provides secure, decentralized property registries but also guarantees transparency and security in property transactions, with each update tracked and stored on-chain. Already trusted by governments across El Salvador, Brazil, Mexico, and Honduras, DelNorte has proven its value by delivering real-world solutions that are in use today. Unlike competitors still vying for government contracts, DelNorte has direct access to government clients, establishing a unique position within the blockchain and AI space.

    DelNorte’s ecosystem is built on cutting-edge technologies like AI-driven analytics, blockchain integration, and decentralized storage, enabling governments to modernize their operations while safeguarding public data. Their patent-pending CRM, designed specifically for the public sector, allows for seamless workflows and data sharing, setting DelNorte apart as a key player in the evolving landscape of government technology.

    Holding the DTVc token provides users and developers with a wide array of benefits, enabling deeper engagement within the DelNorte ecosystem. Token holders enjoy discounts on transaction fees for accessing government documents, participating in governance votes, and interacting with other applications within the platform. Additionally, DTVc token holders can stake their tokens either individually or in pools, earning automatic staking rewards that incentivize long-term participation. Special events with randomized rewards further encourage active engagement, fostering a dynamic and engaged community.

    Beyond financial incentives, DTVc holders gain crucial governance participation rights, allowing them to vote on proposals that shape the future of the DelNorte ecosystem. This includes influencing platform features, rules, and community-driven initiatives. DTVc tokens also offer access to exclusive services, such as priority access to government documents and premium offerings for both public and private sector interactions. Furthermore, token holders can use DTVc as collateral for loans, participate in crowdfunding campaigns, and invest in projects within the platform, providing a comprehensive suite of financial services and investment opportunities.

    As governments continue to embrace blockchain for data security and transparency, DelNorte is poised to lead the way in revolutionizing public sector operations. With an emphasis on decentralization, data ownership, and trust, DelNorte is reshaping the future of government data management. DelNorte’s mission goes beyond profitability; the company is committed to fostering financial inclusion, empowering public institutions, and developing tools that address global governance challenges. With a focus on transparency, innovation, and sustainability, DelNorte aims to create a long-lasting, positive impact across both emerging and developed markets, ensuring that its solutions benefit communities worldwide and drive meaningful change in government data management and public sector operations.

    About DelNorte
    DelNorte is an AI and blockchain-driven platform revolutionizing government data management, focusing on transparency, efficiency, and decentralized systems. Their innovative solutions, including the Municipal Property Management Standard and patent-pending CRM, are already empowering governments and citizens alike with secure, transparent, and accessible public data.

    Website
    www.delnorte.io

    X
    www.x.com/delnorte_io

    Core Team Members
    Anton Glotser – Founder, CEO
    linkedin.com/in/aglotser

    Deni Dudaev – Partner, CMO
    linkedin.com/in/0xdeni

    Ken Silverman – CTO
    crunchbase.com/person/ken-silverman

    Contact:
    Deni Dudaev
    deni@delnorte.io

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

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    The MIL Network –

    June 5, 2025

  • MIL-OSI: Polymath Research Inc. to Present at the Blockchain and Digital Assets Virtual Investor Conference June 5th

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 04, 2025 (GLOBE NEWSWIRE) — Polymath Research Inc., based in Toronto is a fintech company pioneering the infrastructure for compliant tokenization of real-world assets on the blockchain. Today it was announced that Vince Kadar, CEO, will present live at the Blockchain and Digital Assets Virtual Investor Conference hosted by VirtualInvestorConferences.com, on June 5th, 2025

    DATE: June 5th
    TIME: 10am EST
    LINK: REGISTER HERE
    Available for 1×1 meetings: June 5, 6, 9, 10

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.  

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    • Amalgamation Agreement relating to Reverse Takeover (RTO)

    On May 13th, AnalytixInsight Inc. (TSXV: ALY) (OTC Pink: ATIXF) announced an amended and restated amalgamation agreement (original amalgamation agreement was dated March 3rd, 2025) relating to the upcoming Reverse Takeover (RTO) transaction. This transaction involves a three-cornered amalgamation where Polymath and a wholly-owned subsidiary of AnalytixInsight will merge to form a new entity, resulting in Polymath becoming a wholly-owned subsidiary of AnalytixInsight. Following the RTO, AnalytixInsight plans to change its name to “Polymath Network Inc.” and consolidate its shares on a 25:1 basis. The exchange ratio for Polymath shareholders has been adjusted from 4.292 to 6.25427 AnalytixInsight shares per Polymath share, reflecting Polymath’s increased valuation after acquiring assets from Polymesh Association, including the Polymesh blockchain and POLYX tokens. The transaction’s completion is contingent upon shareholder and regulatory approvals, as well as the successful closing of a concurrent financing round aiming to raise at least $18.75 million through the issuance of subscription receipts. The annual general and special meeting of AnalytixInsight shareholders to approve the transaction has been rescheduled to August 25, 2025.

    • Acquisition of Polymesh Assets by Polymath

    On May 13, 2025, pursuant to the Asset Purchase Agreement, Polymath, indirectly through Polymesh Labs, agreed to acquire certain assets and assumed certain liabilities of Polymesh Switzerland, including POLYX tokens held by Polymesh Switzerland (the “Polymesh Labs Acquisition“). Polymesh Switzerland is a not for profit association formed under the laws of Switzerland and is an Arm’s Length Party (as such term is defined in the policies of the TSXV). The Polymesh Labs Acquisition is subject to certain conditions, and is expected to close prior to the Transaction.

    The Polymesh Labs Acquisition will enable Polymesh Labs’ principal business to include the oversight of the Polymesh blockchain, including POLYX tokens associated with the Polymesh blockchain, and the development of TokenStudio, the Polymesh wallet, other software application, and further investment in developing the Polymesh ecosystem. The Polymesh blockchain is a Layer-1 public-permissioned blockchain using Polkadot’s modular tool substrate framework that is designed for tokenizing real-world assets. It builds on the ERC1400 standard and layers in additional capabilities around governance, identity, compliance and confidentiality. POLYX tokens are the native tokens of the Polymesh blockchain and are used as a utility tokens to provide holders access to the Polymesh blockchain. POLYX tokens are only created when block rewards are minted to reward those that participate in the proof-of-stake consensus mechanisms that validates transactions and produces new blocks on the blockchain. These participants are referred to as “validators” and “nominators”, collectively referred to as “stakers”.

    About Polymath Research Inc.

    Polymath’s principal business is the creation of its flagship white label SaaS technology solution, referred to as Polymath’s Capital Platform, which includes the Polymath dApps and enables customers to create platforms to tokenize real-world assets. Polymath’s Capital Platform technology solution is available for license by third parties. Under this licensing arrangement, Polymath may provide technology services to its customers for the setup, maintenance, and support of their use of Polymath’s Capital Platform technology solution. In each case, Polymath works with, or will work with, the customer to tailor the technology to the particular requirements of the customer and the assets to be tokenized. Polymath as a technology services provider is not registered with any Canadian or foreign securities regulatory authority and its services do not include acting as a broker or the promotion or marketing of securities.

    Polymath also generates revenue by staking proprietary POLYX token that is held in its treasury. Staking is not a service offered to third parties, but it is a revenue stream that monetizes treasury assets. Crypto staking is an important aspect of the nominated proof-of-stake consensus mechanism, which defines which blocks get written to the blockchain, as well as the blockchain network’s roles, rules, and incentives. Polymath stakes 100% of the POLYX tokens held in its treasury, with 50% of the staking rebonded on the Polymesh blockchain and the other 50% converted to fiat and bitcoin reserves.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Polymath Research Inc.
    Vince Kadar
    CEO
    Vince@polymath.network 
    +1-613-276-0695

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Stacks to be Showcased at Blockchain and Digital Assets Virtual Investor Conference on June 5th

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) — Stacks (STX), the leading Bitcoin Layer-2 (L2), which is dedicated to unlocking and scaling Bitcoin’s full potential, will be represented at the upcoming Blockchain and Digital Assets Virtual Investor Conference hosted by VirtualInvestorConferences.com on June 5th, 2025. Kyle Ellicott, Executive Director at the Stacks Asia Foundation, is scheduled to present live at the event. Stacks enables both retail and institutional users and investors to seamlessly participate in the Bitcoin economy.

    Event Details

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Date: June 5, 2025
    Time: 11:00 AM ET
    Link: REGISTER HERE

    Kyle Ellicott will be available for 1×1 meetings with investors on June 5th & 10th. Learn more about the event at www.virtualinvestorconferences.com.

    Recent Stacks Highlights

    • sBTC, the programmable Bitcoin asset built on Stacks, has seen three successful cap raises, each filling rapidly. The latest 5,000 BTC subscription cap was filled within hours after opening. An sBTC incentive program also allows investors to earn yield on their Bitcoin, which has drawn significant and increasing interest from investors and institutions.
    • Stacks is now recognized as the top Bitcoin Layer 2 according to bitcoinlayers.org, leading the sector in programmability and DeFi adoption.
    • Stacks’ TVL has surged recently, surpassing $113 million, with TVL tripling since the launch of key DeFi protocols, reflecting accelerated ecosystem growth and user engagement.
    • A new Stacks roadmap was released in May 2025, outlining upcoming technical upgrades, strategic developments, and a focused push toward $1B+ TVL.
    • Major new partnerships and integrations have been established with industry leaders such as BitGo, Asymmetric, Hex Trust, Bitfinex, and others.

    About Stacks
    Stacks is the leading Bitcoin Layer 2 (L2) and the top L2 by developer traction, user activity, and market capitalization. Stacks is unlocking over $1 trillion in passive Bitcoin capital and making BTC a fully programmable, productive asset. Stacks enables smart contracts and decentralized applications to leverage Bitcoin as a secure, programmable foundation. With the Nakamoto upgrade activated in October 2024, Stacks achieved near-instant transactions, while retaining the security and irreversibility of Bitcoin L1. The launch of sBTC in December 2024 opened the door for developers and users to use native BTC in smart contracts, DeFi, and other Bitcoin-secured applications, including paying gas fees with BTC. The Stacks (STX) token was the first to undergo an SEC-qualified sale in the United States, and the project fully decentralized before the mainnet launch in 2021.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network –

    June 5, 2025

  • MIL-OSI: Innovations in Imaging, such as AI-Enhanced Retinal & Fundus Camera Systems are Booming Along with Revenue Opportunities

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 04, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The Retinal and Fundis Camera market has shown growth in the recent years and is expected to continue for years to come. Fundus cameras are sophisticated instruments utilized in ophthalmology for capturing detailed images of the retina. They employ a specialized optical design akin to an indirect ophthalmoscope, with the angle of view being a key parameter defining their functionality… Fundus photography enables physicians to meticulously examine retinal changes over time, facilitating collaboration among colleagues and enhancing patient care. A recent report from Precedence Research said: “The fundus cameras market experiences growth driven by the evolving landscape of imaging technologies, particularly in diagnosing age-related macular degeneration (AMD). Traditionally, fundus photography with film-based cameras, preferably through pharmacologically dilated pupils, has been pivotal in documenting AMD severity. The emergence of high-resolution digital cameras presents new opportunities in the market. Comparisons among different imaging systems, including nonstereoscopic color retinal images taken with digital cameras through dark-adapted and dilated pupils, as well as stereoscopic images captured with standard film cameras, highlight the expanding applications of fundus cameras. Such comparisons underscore the need for versatile imaging solutions to accommodate diverse clinical scenarios, thus fueling the growth in the fundus cameras market.” Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Outlook Therapeutics, Inc. (NASDAQ: OTLK), Eyenovia, Inc. (NASDAQ: EYEN), Bausch + Lomb Corporation (NYSE: BLCO), Biomea Fusion, Inc. (NASDAQ: BMEA).

    Precedence Research continued: “The integration of artificial intelligence (AI) into fundus cameras presents a significant opportunity for market growth. AI algorithms demonstrate high accuracy in detecting diseases like diabetic retinopathy (DR), offering improved diagnostic capabilities. Furthermore, machine learning algorithms utilizing preoperative fundus photography alongside other data parameters have shown promise in identifying at-risk eyes for postoperative complications after refractive surgery. Deep learning algorithms applied to fundus photographs have been successful in predicting cerebral white matter hyperintensity in magnetic resonance imaging (MRI) scans and detecting DR with remarkable precision. Studies exploring AI’s role in correlating fundus photos, optical coherence tomography (OCT), and external eye photography with systemic diseases exhibit promising results. Particularly, AI-driven screening for DR holds significant potential. These advancements highlight the prospective role of AI-integrated fundus imaging in screening, diagnosing, and managing various retinal diseases, thus creating substantial opportunities for growth in the fundus cameras market.” The report added: “The global fundus cameras market size accounted for USD $676.46 Million in 2025 and is forecasted to hit around USD $943.12 Million by 2034, representing a CAGR of 3.80% from 2025 to 2034.”

    Avant Technologies, Inc. (OTCQB: AVAI) and Partner, Ainnova, Finalizing Automated Retinal Camera Prototype Ahead of Full-Scale Development – Avant Technologies, Inc. (“Avant” or the “Company”) and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced the Company is in the final stages of prototyping its proprietary automated retinal camera. Ainnova’s new device will offer users a low cost, easier to use camera that captures images automatically and then uploads those images to the Company’s Vision AI software platform, which then produces a “risk report” in mere seconds.

    Vinicio Vargas, Chief Executive Officer at Ainnova and member of the Board of Directors of the joint venture company, Ai-nova Acquisition Corp., said, “The cost of a fundus camera has always been a barrier to entry into in this market, so our low-cost camera, which is a fraction of the cost of currently available cameras on the market, should allow us to not only enter the market, but to capture a large share of the market.

    “Another significant advantage will be that our camera will be seamlessly packaged together with our Vision AI platform, allowing us to refer more patients in less time and accurately to medical specialists. Also, one of our objectives is to integrate other technologies to this preventive screening, expanding the scope from only diabetic patients to patients who have other risk factors and want to prevent other diseases from a more complete approach.”

    Vision AI is a powerful cutting-edge, AI-driven platform that can quickly and accurately detect the early markers of a host of diseases by applying AI models to examine imaging data from the eye to expedite earlier detection and allow patients to better manage their disease. The diseases that Vision AI can detect, include diabetic retinopathy, other retinopathies, such as glaucoma, macular edema, age-related macular degeneration, and other anomalies, as well as other diseases that do not require retinal images, and instead, use other datapoints that Ainnova has integrated into the software like the detection of cardiovascular disease (CVD), type 2 diabetes, liver fibrosis, and chronic kidney disease (CKD).

    Currently, Ainnova’s Vision AI software works well with any fundus camera on the market; however, Ainnova and Avant are aiming for exclusivity by developing a lower-cost, easier to use camera.

    Ai-nova Acquisition Corp. (AAC), the company formed by the partnership between Avant and Ainnova, will develop the retinal cameras as part of the joint venture and licensing deal to facilitate the development of Ainnova’s technology portfolio. AAC owns the global licensing rights to develop, maintain, and market Ainnova’s technology portfolio. CONTINUED… Read this and more news for Avant Technologies at:   https://www.financialnewsmedia.com/news-avai/

    In other developments and happenings in the biotech market recently include:

    Outlook Therapeutics, Inc. (NASDAQ: OTLK), a biopharmaceutical company focused on enhancing the standard of care for bevacizumab for the treatment of retina diseases, recently announced that LYTENAVA™ (bevacizumab gamma) is now commercially available in Germany and the UK for the treatment of wet age-related macular degeneration (wet AMD). LYTENAVA™ (bevacizumab gamma) is the first and only authorized ophthalmic formulation of bevacizumab for use in treating wet AMD in adults in the European Union and UK.

    “We are excited to have launched LYTENAVA™ (bevacizumab gamma) for patients with wet AMD in Germany and the UK. I would like to extend sincere gratitude to the Outlook team and our partners for their commitment and dedication that helped to get us to this major milestone. Going forward, we remain laser focused on ensuring success in Germany and the UK as well as preparing for additional launches across the region later this year and throughout 2026,” commented Jedd Comiskey, Senior Vice President, Head of Europe at Outlook Therapeutics.

    Eyenovia, Inc. (NASDAQ: EYEN), an ophthalmic technology company developing the proprietary Optejet® topical ophthalmic medication dispensing platform, recently provided updates on its potential merger with Betaliq and the ongoing development of its novel Optejet user filled device (UFD), and reported financial results for the first quarter ended March 31, 2025.

    Negotiations continue towards a binding merger agreement with Betaliq, a clinical-stage private pharmaceutical company focused on glaucoma with access to Eyesol®, a non-aqueous technology that may address many of the needs of these patients. We have agreed to extend the binding exclusivity period set forth in the Letter of Intent until June 7, 2025, to allow more time to complete and execute the anticipated merger agreement.

    Progress in the development of the Optejet user-filled device (UFD) continues and remains on track to file for U.S. regulatory approval in September of this year. An approval would provide for potential multiple commercial opportunities either directly with consumers or through eye care practitioner offices as well as potential and existing license partners, including Arctic Vision in China and Korea.

    Bausch + Lomb Corporation (NYSE: BLCO), a leading global eye health company dedicated to helping people see better to live better, recently announced the U.S. launch of LUMIFY Preservative Free redness reliever eye drops, the first and only preservative-free over-the-counter eye drops with low-dose brimonidine tartrate 0.025% that relieve redness of the eye due to minor eye irritations.

    “Consumers often say how amazed they are at the difference our original LUMIFY makes to their eyes, with over 50,000 five-star reviews as proof,” said John Ferris, president, Consumer, Bausch + Lomb. “LUMIFY Preservative Free brings that same fast-acting formula to those with sensitive eyes — delivering a visibly brighter, whiter look in just 60 seconds.”

    Biomea Fusion, Inc. (NASDAQ: BMEA), recently announced that preliminary clinical data from the Phase I COVALENT-103 trial of BMF-500 in adults with acute leukemia (AL) were selected for a poster presentation at the European Hematology Association (EHA) 2025 Congress, taking place June 12–15 in Milan, Italy.

    The presentation will highlight emerging safety, pharmacokinetics/pharmacodynamics (PK/PD), and clinical activity of BMF-500, a covalent FLT3 inhibitor, in patients with relapsed or refractory (R/R) AL, including those with FLT3 mutations (FLT3m) who have previously received FLT3 inhibitors such as gilteritinib (gilt).

    About FN Media Group:

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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 expects to be compensated forty nine hundred dollars for news coverage of the current press releases issued by Avant Technologies, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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

    Contact Information:

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

    SOURCE: FN Media Group

    The MIL Network –

    June 5, 2025

  • MIL-OSI Global: How remembering railway accidents from 100 years ago can make the industry safer today

    Source: The Conversation – UK – By Mike Esbester, Senior Lecturer in History, University of Portsmouth

    APChanel/Shutterstock

    According to a recent report, the UK rail industry is a relatively safe environment for both passengers and workers. The findings, from the Rail Accident Investigation Branch, came from data on railway accidents for 2024.

    But it also showed that there remain areas of concern in the industry. Specifically, it found examples of “not learning” from accidents and incidents. And alarmingly, there has also been a “lack or loss” of learning from historic tragedies.

    So how and where can the sector recover that experience and insight in order to learn the lessons? The report findings imply the knowledge exists, but has been forgotten. It may be that, rather than looking back over the previous 12 months, the industry should cast its gaze back 100 or 150 years.

    For the rail workforce, a major new historical dataset is being released that might offer some answers. The Railway Work, Life & Death project has added nearly 70,000 cases of worker accidents in England and Wales to its database of staff accidents from before 1939.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Until now the records have been available only in hard copy. But digital access via the project website will mean insights from accidents – some dating to the 1850s – can be used to improve rail workforce safety in the present day.

    Examples from the project include the case of North Eastern Railway office cleaner Mary Ramsey. She was run over by a train in 1859 at South Shields while taking out the ashes from the station fireplaces. Ivor Richards, who worked for the Rhymney Railway in Cardiff, was just 14 when he was killed crossing the lines in 1916.

    These, and the tens of thousands of other historic cases, can be used to explore issues that resonate today. The online dataset offers a platform for people to access knowledge freely and learn from the past. No living person or current organisation is singled out. This means people in the rail industry now can use the records to draw parallels between past and present, and use it as a way into frank discussions about safety today.

    The utility of this approach and the value of the data is recognised by the industry. From within the rail sector, accident investigators, health and safety managers and trade union officers will be attending the dataset launch on June 5, at The National Archives of the UK, at Kew, London.

    Though the industry has changed radically over the last 200 years, some issues still exist that would have been equally recognisable to workers more than 100 years ago. From working at height, through slips, trips and falls, to working on and around railway lines, the essence of some railway work – and the dangers – remain consistent.

    Lessons from the past

    Last year the Railway Work, Life & Death project collaborated with independent research body the Rail Safety and Standards Board and the Infrastructure Safety Leadership Group to produce a workshop for safety leaders and a track worker safety digest.

    Both used historic examples to address contemporary issues – demonstrating the value of a “useable past” and the potential for this new dataset.

    The examples of Mary Ramsey and Ivor Richards might be used to discuss things like safe walking routes, or safety training and certification for going on or near working railway lines. They can start conversations about the mitigations that might have been put in place to prevent an accident, or “safe systems of work”. Even though concepts like safety certification and safe walking routes are anachronistic, they allow a space in which discussion can borrow from the past to focus on the present.

    The records come from The National Archives of the UK, where a team of volunteers has spent seven years transcribing them to make them more easily accessible. They were then added into the Railway Work, Life & Death project, a collaboration between the University of Portsmouth, National Railway Museum and the Modern Records Centre at the University of Warwick, working with the RMT union.

    The dataset also has benefits for people beyond the rail industry. This year is being marked as Railway 200 – 200 years since the Stockton and Darlington Railway was launched. This is seen as the birth of the modern system. For historians, we can use the dataset to see the people who kept the railway system running.

    There’s a risk that the version of the past that is portrayed is a straightforward one, and railways (particularly steam railways) are seen through rose-tinted spectacles. That view obscures how hard, dirty and dangerous working on the railways was for many people.

    Narratives about the railways’ past should challenge people – and acknowledge the difficult bits. This newly released dataset can do exactly that. It documents working conditions, wages, practices and, of course, dangers from working on the railways. It allows anyone to find out more about the past, making research easier and more accessible.

    And the dataset lets people tell more diverse stories about who was included in the rail industry.

    For example, we can see how disability as a result of a workplace accident was experienced and managed. William Parry was employed as a signalman in south Wales following a 1907 accident on the railways that cost him his leg.

    Giving more prominence to under-represented groups – while showing their long-standing presence in the rail industry – has significant social value. It can help support those currently in the industry, as well as show those contemplating a railway career that the workplace is for them. It meshes with the work of groups like Women in Rail and Ethnicity and Race in Rail to encourage greater representation in the industry.

    Having spent nearly ten years co-leading the Railway Work, Life & Death project, I sometimes ask myself why I do it – not least given the inherent sadness in many of the cases. But then I see the people behind the statistics, their wider lives, their families and communities, and the window the records gives into life on the railways. That personal connection drives me – alongside the conviction that it can make a difference to today’s industry.

    Railway workers from the past and the accidents they often suffered have been largely forgotten, precisely because the industry is now relatively safe. Employee accidents are nowhere near as commonplace or visible as they once were. But there is room for improvement. Remembering the people of the early railway era and learning from their experiences is once again possible through the Railway Work, Life & Death project.

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

    – ref. How remembering railway accidents from 100 years ago can make the industry safer today – https://theconversation.com/how-remembering-railway-accidents-from-100-years-ago-can-make-the-industry-safer-today-257487

    MIL OSI – Global Reports –

    June 5, 2025

  • MIL-OSI China: SCO members support deepened regional financial cooperation

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

    BEIJING, June 4 — Member states of the Shanghai Cooperation Organization (SCO) support the deepening of regional fiscal and financial cooperation, including working toward the establishment of an SCO development bank, China’s finance ministry said in a statement on Wednesday.

    The statement follows a meeting of SCO member states’ finance ministers and central bank chiefs, which was held in online and offline forms on Tuesday. Chinese Finance Minister Lan Fo’an and Chinese central bank governor Pan Gongsheng jointly chaired the meeting in Beijing.

    Participants discussed the global and regional economic and financial situations and challenges, and shared their practices in fiscal and monetary policies, green transition and financial sector development, the statement said.

    SCO member states supported making substantive progress in promoting the establishment of an SCO development bank and agreed to establish an SCO financial and economic think tank network. They also held discussions on strengthening local currency settlement arrangements and deepening cooperation in digital inclusive finance, the statement said.

    During the meeting, Lan called on SCO member states to firmly uphold multilateralism, enhance coordination of macroeconomic policies, and continuously deepen practical fiscal and financial cooperation.

    MIL OSI China News –

    June 5, 2025

  • MIL-OSI Asia-Pac: HK-Chengdu logistics links explored

    Source: Hong Kong Information Services

    Secretary for Transport & Logistics Mable Chan, leading a Hong Kong Logistics Development Council delegation, started a visit to Chengdu and Chongqing today.

    The trip aims to promote Hong Kong’s strengths in logistics, foster industry exchanges, and explore collaboration opportunities in logistics and shipping.

    Upon arrival in Chengdu, the delegation visited Chengdu Tianfu International Airport’s international cargo terminal to view the operations of an express cargo centre which commenced operation late last year, in order to understand its procedures for handling goods of cross-border e-commerce platforms.

    The delegation later met Sichuan Port & Logistics Office Director Xie Wei to explore the potential in Hong Kong-Sichuan logistics collaboration.

    The delegates were also briefed by representatives of the Sichuan Port & Shipping Investment Group on its work on constructing “logistics and trade ports”, “hub ports”, “industrial ports”, “digital intelligence ports” as well as “financial ports”.

    In the evening, the delegation called on Sichuan’s Hong Kong & Macao Affairs Office Director Zhang Tao to exchange views on facilitating exchanges and collaborations between Hong Kong and Sichuan in logistics and transport.

    Noting that Sichuan plays a leading role in the development of China’s western region, Ms Chan said: “Hong Kong has been attaching great importance to its economic and trade ties with Sichuan. I believe there is further room for more complementarity and collaboration in shipping and logistics between Hong Kong and Sichuan.”

    The Chengdu-Shenzhen-Hong Kong scheduled rail-sea service was launched last week, enabling goods from Chengdu to reach Hong Kong via Shenzhen in as short as three days. Ms Chan said she believes Hong Kong and Sichuan can create an efficient and quality logistics corridor through strengthening logistics co-operation to facilitate the export of Sichuan’s goods to overseas markets.

    The delegation departed for Chongqing this evening and will continue the visit tomorrow.

    MIL OSI Asia Pacific News –

    June 5, 2025

  • MIL-OSI USA: ICE Baltimore investigation leads to sentencing of Maryland man convicted of visa fraud

    Source: US Immigration and Customs Enforcement

    BALTIMORE – An investigation conducted by U.S. Immigration and Customs Enforcement, Homeland Security Investigations, Maryland; along with U.S. Citizenship and Immigration Services, led to the sentencing of Douglas Anthony Eze, 55, of Upper Marlboro, Maryland, for visa fraud.

    Eze was sentenced May 21, to one year and one day in federal prison, followed by three years of supervised release.

    “Visa fraud isn’t just a paperwork violation; it’s a deliberate abuse of our immigration system and a direct threat to national security and public trust,” said Michael McCarthy, Special Agent in Charge of HSI Maryland. “It undermines the rule of law, facilitates human trafficking and labor exploitation, and disadvantages those who play by the rules to live, work, or study in the United States. When individuals or criminal networks manipulate visa programs for profit or deception, they erode the integrity of our borders, damage America’s global standing, and place additional strain on limited enforcement resources. Combating visa fraud is about more than holding bad actors accountable—it’s about upholding the fairness, safety, and opportunity at the core of the American Dream.”

    According to the guilty plea, Eze, who owns Largo Financial Services, illegally entered Canada in 1991 using a fraudulent passport. After Canada issued a deportation order in 1995, Eze fled. In 1997, he resurfaced in the United States, using the name and other identifying information of a Canadian citizen.

    Eze, who knew the victim, also took the citizen’s Canadian birth certificate to apply for a green card within the United States. He eventually became a U.S. citizen under the stolen Canadian identity and then changed his last name to Eze.

    As a citizen under fraudulent pretenses, Eze adopted and sponsored two children for permanent residence in the United States, falsely declaring the stolen Canadian identity as his own in immigration documents for the children. Eze continued using the victim’s identity to apply for a U.S. passport, driver’s license, and membership in the Global Entry Trusted Traveler Network. The victim never gave Eze permission to use his identifying information.

    ICE HSI Baltimore, Special Agent in Charge Michael S. McCarthy, along with Kelly O. Hayes, U.S. Attorney for the District of Maryland, and U.S. Citizenship and Immigration Services, Washington District announced the sentence.

    Members of the public with information about criminal activity in your community are encouraged to contact the Tip Line at 866-DHS-2-ICE or complete the online tip form.

    Learn more about HSI Baltimore’s mission to increase public safety in our Maryland communities on X at @HSIBaltimore.

    MIL OSI USA News –

    June 5, 2025

  • MIL-OSI: reAlpha Appoints Mike Logozzo as CEO to Accelerate Growth

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, June 04, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced a strategic leadership transition to support its next phase of growth. Effective June 3, 2025, Mike Logozzo, President and Chief Operating Officer, has been appointed Chief Executive Officer, and Giri Devanur, reAlpha’s founder, Chairman of the Board and former Chief Executive Officer, has assumed the role of Executive Chairman of the Board. As part of this transition, Mr. Logozzo will serve as Interim Chief Operating Officer until a successor is identified.

    Since joining reAlpha, Mr. Logozzo has played a pivotal role in the company’s momentum, serving as Chief Financial Officer and later as President and Chief Operating Officer. Under his guidance, reAlpha has expanded its national presence, launched the proprietary AI platform Claire, and enhanced its real estate, mortgage, and title capabilities. His proven success across operations, financial services, and innovation has been critical to reAlpha’s ongoing advancement.

    “With the foundation firmly in place, now is the right time to evolve our leadership,” said Mr. Devanur. “We’ve built a strong platform, assembled a world-class team, and defined a clear vision. Mike has consistently demonstrated the operational expertise and strategic insight needed to execute at scale,” added Mr. Devanur. “I have great confidence in his ability to lead reAlpha into its next chapter.”

    “I am honored to lead reAlpha into its next phase of growth,” said Mr. Logozzo. “We are uniquely positioned to transform the homebuying journey through technology, data, and integrated services. In partnership with our executive team and Board, I am fully committed to our customers and shareholders. Together, we will expand our national footprint, scale our end-to-end platform, and deliver long-term results across all facets of the business.”

    This transition marks a strategic inflection point, reinforcing reAlpha’s focus on operational excellence and setting the stage for accelerated growth and innovation.

    About reAlpha Tech Corp.
    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines the homebuying journey, including real estate brokerage, mortgage and title services. With a strategic, acquisition-driven growth model and a proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a streamlined and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements about the appointment of Mr. Logozzo as Chief Executive Officer and Mr. Devanur as Executive Chairman of the Board and the anticipated benefits thereof, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; reAlpha’s ability to commercialize its developing AI-based technologies; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for short-term rentals and AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s U.S. Securities and Exchange Commission (“SEC”) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network –

    June 5, 2025
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