Category: Finance

  • MIL-OSI USA: Kelly, Thompson introduce bipartisan Mental Health Research Accelerator Act

    Source: United States House of Representatives – Representative Mike Kelly (R-PA)

    WASHINGTON, D.C. — Last week, Ways and Means Tax Subcommittee Chairman Mike Kelly (R-PA) and Ranking Member Rep. Mike Thompson (D-CA) re-introduced the bipartisan Mental Health Research Accelerator Act to incentivize private companies with financial resources to collaborate with academic or nonprofit research institutions on neurological and mental health research to tackle the root causes of mental health conditions.

    “When it comes to addressing mental health access and care, we must utilize every tool in our toolbox,” Rep. Kelly said. “This new legislation allows us to make America’s tax system work for the American people by incentivizing research partnerships into brain health. I’m proud to work with my Ways and Means Committee colleague, Rep. Mike Thompson, on this vital legislation.”

    “Investing in brain research is key to addressing the root causes of mental health conditions, not just managing the symptoms,” Rep. Thompson said. “Mental illness is often at the core of challenges like homelessness, substance abuse, and workplace struggles. Simply funding symptom management isn’t enough—we must get ahead of the problem by advancing research that can prevent these issues from arising in the first place. I’m proud to partner with Rep. Kelly to support this critical work and help drive meaningful progress.”

    “Today, more than 60 million Americans suffer from a mental illness. Recent work by Price Water House Coopers estimated that the economic burden of mental illness was more than $1 trillion annually, not counting the value of human life associated with the almost 50,000 deaths by suicide. Research from the pharmaceutical industry has moved away from mental illness drugs because of the cost and risks involved. H.R. 2085 will provide necessary economic incentives for industry to partner with research universities across our country to engage in public-private partnerships that will have the potential to find new drugs and treatments but also to provide new jobs. This is a non-partisan issue and merits the support of everyone,” said Garen Staglin, Founder of the One Mind Foundation.

    BACKGROUND

    The Mental Health Research Accelerator Act provides $10 billion in allocable tax credits over a six-year period. The credits are available to nonprofits, state and local agencies, and private companies who collaborate on neurological research.

    Because of the high cost of neurological research, and the challenges in producing market-viable products, there is not enough investment in cutting edge neurological research. The credit is capped at 25 percent of allowable expenses and is a competitive credit to be allocated based on merit, as determined by the Treasury Department. Any credits not allocated by the end of the window are simply deemed moot and returned to Treasury unless the credit is extended by Congress.

    Read the full text of the bill here.

    MIL OSI USA News

  • MIL-OSI Security: Georgia Man Sentenced to Over Four Years in Prison for Bank Fraud and Aggravated Identity Theft

    Source: Federal Bureau of Investigation (FBI) State Crime News

    BILLINGS – An Atlanta, Georgia man who defrauded banks in multiple states was sentenced today to 57 months in prison to be followed by 5 years supervised release, U.S. Attorney Kurt Alme said.  The defendant was also ordered to pay $161,401.17 in restitution.

    Stanford Wilvin Lightfoot, 33, pleaded guilty in November 2024 to bank fraud and aggravated identity theft.

    U.S. District Judge Susan P. Watters presided.

    The government alleged in court documents that for approximately 5 months in 2023, Stanford Lightfoot was a member of a large fraud ring that had been defrauding banks in Montana, Maine and Missouri.  In each location, Lightfoot and other coconspirators would travel to the state from the base of operations in Atlanta, Georgia.  Once there, they would recruit local homeless individuals who possessed valid ID cards.  They would then take these homeless individuals to local banks and provide them with fraudulent checks from real accounts.  These checks all possessed forged signatures of real people and were, therefore, means of identification.  The homeless individuals would then attempt to cash the checks and, if successful, would provide the money to Lightfoot and his coconspirators.  If the homeless individuals were caught by police, they would be abandoned to take the blame.  In Montana, Lightfoot hit multiple banks in Belgrade, Bozeman, and Livingston utilizing local homeless individuals to forge checks in excess of $20,000.

    The U.S. Attorney’s Office prosecuted the case and the investigation was conducted by the FBI, Livingston Police Department, Belgrade Police Department, and Bozeman Police Department.

    XXX

    MIL Security OSI

  • MIL-OSI: LPL Financial Welcomes Trimp Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 09, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that father and son financial advisors Patrick Trimp, CFP®, and Jack Trimp, ChFC®, of Trimp Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $220 million in advisory, brokerage and retirement plan assets* and join LPL from Nations Financial Group, Inc.

    Based in Idaho Falls, Idaho, Patrick transitioned to the wealth management industry in 1999 after a decade of service in the U.S. Navy, during which he completed nuclear power training and was assigned to the USS Hammerhead, a fast-attack submarine. It was during his time in the Navy that Patrick was inspired to pivot his career, marrying his background in math with the intrigue of financial strategy.

    In 2008, he launched Trimp Wealth Management with the goal of helping his clients achieve their financial objectives through education, strategic planning and a commitment to their success. Jack joined his father’s practice in 2019, and together, they take a client-centered approach to helping their clients build sound financial futures.

    “Being able to add value for my clients’ financial wellness is the best part of the job,” Patrick said. “We’re here to guide our clients in making smart and strategic decisions about their finances and help them pursue their goals. We get to know our clients on a deeply personal level, and we are proud that most of our clients come to us through referrals.”

    It was the pair’s desire to provide a more elevated and streamlined client experience that led them to LPL Financial.

    “We spent more than three years looking for a new partner, so you could say we really did our due diligence. In the end, the decision to partner with LPL was the obvious choice,” Jack said. “What really stood out to us was LPL’s integrated and open architecture platform where we can access everything with a single sign-on as well as their ongoing commitment to meeting the evolving needs of advisors. We are confident that making the move to LPL is the right decision for our business and our clients.”

    The Trimps are active in their community and believe strongly in the importance of volunteering. Patrick is an active member in his church and Jack served as a missionary to South Africa, Uganda and South Sudan, working in refugee camps with Youth With A Mission (YWAM), a non-profit Christian organization.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Patrick and Jack to the LPL community and wish them success with this next chapter of their business. As their partner, we are committed to delivering innovative technology, integrated platforms and strategic resources to help them seamlessly run their practice and provide an elevated client experience. We look forward to supporting Trimp Wealth Management for years to come.”

    Related

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

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to — run thriving businesses. For further information about LPL, please visit www.lpl.com.

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

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

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

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

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #714926

    The MIL Network

  • MIL-OSI: Triller Group Engage South Florida Investors at Exclusive Mar-a-Lago Event

    Source: GlobeNewswire (MIL-OSI)

    Sharing the Vision on a Once-in-a-Lifetime Opportunity

    Palm Beach, FL, April 09, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (Nasdaq: ILLR) (“Triller” or “the Company”) successfully concluded a landmark exclusive dinner at President Donald J. Trump’s prestigious Mar-a-Lago Club in Palm Beach, Florida. Over 100 distinguished South Florida investors gathered to discuss and delve into Triller’s ambitious strategic vision and remarkable recent progress.

    The exclusive event was led by Triller Group CEO Wing Fai Ng and CFO Mark Carbeck. Meetings with investors took place at the iconic private residence of President Donald J. Trump, adding to the exclusivity of the event.

    “We were truly honored to showcase Triller and the significant progress we have made in the last several months at the Mar-a-Lago Club,” said Wing Fai Ng, CEO of Triller Group. “I extend my heartfelt gratitude to the more than 100 investors again for taking the time last week to learn more about Triller and our unique vision for innovation in the digital and creator-driven economy.”

    Florida’s Mar-a-Lago has become a place of pilgrimage for CEOs seeking to build ties with the new administration, with leaders from large global brands previously engaging there with investors and key stakeholders.

    The White House recently announced that 104% tariffs on China will take effect soon, adding urgency to discussions around the future of the creator-driven economy. Now more than ever is a critical time for Triller to forge key relationships and explore once-in-a-lifetime opportunities as uncertainties around the future of TikTok continue to build, which may lead to an impending TikTok ban.

    About Triller Group Inc.

    (Nasdaq: ILLR) Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator-focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    # # #

    Investor & Media Relations:
    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com 

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network

  • MIL-OSI: Gevo and Future Energy Global Sign SAF Scope 1 and Scope 3 Voluntary Carbon Credit Offtake Agreement to Accelerate Book-and-Claim Market

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., April 09, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) and Future Energy Global (FEG) are pleased to announce that they have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and other companies to reduce their CO2 emissions through Sustainable Aviation Fuel (SAF). Under the multi-year agreement, FEG will acquire from Gevo the Scope 1 and Scope 3 emissions credits from 10 million gallons per year of fuel to be produced at Gevo’s alcohol-to-jet (ATJ) SAF production facility, Gevo ATJ-60, to meet demand from FEG customers, both airlines and corporates, seeking to decarbonize their operations. The agreement also includes an option for FEG to increase the off-take at a later date.

    This agreement is expected to enable Gevo’s financing of the construction of its ATJ-60 facility. Gevo has secured a loan guarantee conditional commitment of $1.63 billion (including capitalized interest during construction) from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) and is originating equity from project level capital providers. Under development in Lake Preston, South Dakota, ATJ-60 is designed to address the market need for cost-effective jet fuel while abating carbon and to respond to growing worldwide demand for SAF. Gevo’s proprietary plant design is expected to be able to produce 60 million gallons of SAF per year at similar production costs to conventional jet fuel, but with far lower carbon emissions.

    The aviation industry has targeted net-zero CO2 emissions by 2050, and SAF is expected to contribute around two thirds of the necessary emissions reduction, but to achieve this, its production quantities need to scale more than 400-fold. SAF is not yet available at all major airports worldwide so FEG provides SAF-derived Scope 1 credits to airlines who wish to buy additional SAF but who cannot easily source the physical fuel at their own airports. Similarly, when companies purchase and retire SAF-derived Scope 3 credits to compensate for their business travel emissions, they mitigate the added cost of SAF to airlines and thus enable the faster scale-up of SAF production.

    The Greenhouse Gas Protocol defines different “scopes” of responsibility for emissions. The emissions from a flight fall under an airline’s direct responsibility (i.e., Scope 1), but a company with staff flying for business on that flight is responsible for its staff’s share of the flight’s emissions (i.e., Scope 3 or indirect emissions). Separating the Scope 1 and Scope 3 attributes from the physical fuel, an approach known as “Book and Claim,” reduces fuel transportation and storage costs and carbon emissions, and unlocks a global SAF market both for airlines and for indirect aviation fuel customers around the world who are seeking to mitigate their emissions.

    “Gevo has always planned to leverage SAF market economics to scale our business, and a Book and Claim market that enables the trading of SAF environmental attributes can accelerate SAF production even faster,” says Dr. Patrick R. Gruber, CEO of Gevo. “Future Energy Global is building just such a market, spanning corporate customers, airlines, and aircraft lessors. Aircraft lessors own about half of all commercial aircraft worldwide, and Book and Claim is a critical enabler to allow them and their airline customers to adopt SAF faster.”

    “FEG’s collaboration with Gevo strongly enhances the portfolio of Book and Claim solutions we can offer our airlines, our lessors and our corporate customers,” says Natasha Mann, CEO and Co-Founder of FEG. “It’s crucial to scale SAF production, and our business model lets us unlock the capital to do so. We’re impressed with Gevo’s pipeline, which combines technology ready for today’s market and additional technologies far along in development that could increase production efficiency and accelerate the trajectory of SAF scaling.”

    FEG’s unique business model brings together investors, suppliers, and buyers to help accelerate and scale SAF production globally. FEG generates additional revenue streams by commercializing the carbon credits which SAF provides, enhancing the business case for faster production scale-up. FEG’s offtake agreement with Gevo is expected to fulfill a market need by giving buyers access to SAF credits at predictable prices, while providing financial commitments and revenue certainty that are expected to allow suppliers like Gevo to expand. FEG’s initial focus has been on aviation, though its sustainable-fuel credit solutions span the transport spectrum, including marine and land transport.

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

    For more information, see www.gevo.com.

    About Future Energy Global
    Future Energy Global, headquartered in Dublin, Ireland and with staff in Europe and North America, is a pioneering SAF market accelerator.

    Through its innovative SAF pre-purchasing ecosystem, Future Energy Global accelerates the flow of capital into the SAF industry, operating at the intersection of investors, suppliers, and buyers, and bringing benefits to all parties, and ultimately also to the environment. FEG’s activities are guided by three core values: visionary independence, collaborative energy and sustainable ethos.

    FEG’s initial focus has been on aviation, though our sustainable-fuel credit solutions span the transport spectrum, including marine and land transport.

    Future Energy Global is backed by Aviation Partners, the world leader in advanced winglet technology which has already saved more than 140 million tons of aviation CO2 emissions.

    For more information, see fe.global

    About Book and Claim
    Book and Claim is a well-established structure for accounting for environmental attributes and has been in use for many years in markets such as renewable electricity generation, where individual electrons cannot be tracked through the grid. Book and Claim systems overcome this challenge by allowing renewable electricity providers to “book” the electricity they supply to the grid, while customers can “claim” the renewable electricity they have bought, whether or not they physically receive the renewable electrons. Book and Claim systems, whether in renewable electricity or in SAF, rely on robust tracking and accounting procedures to ensure that environmental credits are counted only once.

    Forward Looking Statements
    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, Future Energy Global and its business system, Gevo’s ATJ-60 project and the financing thereof, the markets for SAF and associated environmental attributes, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations, and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024 and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Corporate Development
    IR@Gevo.com

    The MIL Network

  • MIL-OSI: XA Investments Launches Interval Fund Index Providing Greater Transparency to the Marketplace

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) — XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announced the launch of the new XAI Interval Fund Index (“INTVL”). A total return index, INTVL tracks interval/tender offer funds registered under the Investment Company Act of 1940, with over $100 million in net assets.

    At the end of March 2025, the Index’s 77 constituents combined for more than $103 billion in total net assets, or roughly 60% of the net asset value for the entire interval and tender offer fund market. The Index has a January 2023 base date with two years of historical performance.

    “The XAI Interval Fund Index will give asset managers and financial advisors an unprecedented level of clarity in a market that has been notoriously difficult to track,” stated Kim Flynn, President of XA Investments. “By applying our in-house research, proprietary data, and rigorous methodology, XA Investments has been able to create the first index tracking the interval and tender offer fund market,” Flynn added.

    INTVL marks a shift in evaluating funds and continuing advancement for asset managers, financial advisors, and individual investors. The index offers market insights through daily intelligence to monitor and track the interval and tender offer fund market. Designed to act as a barometer for the interval and tender offer fund market, the XAI Interval Fund Index makes essential market insights possible.

    “The introduction of the XAI Interval Fund Index is another example of XA Investment’s leadership in providing the closed-end interval and tender offer marketplace with the innovative research and data needed to solidify investor interest in this burgeoning investment option,” said Philip Hasbrouck, senior managing director, Cliffwater. “The team at Cliffwater expects it will quickly find acceptance as a valuable tool by asset managers, Registered Investment Advisors (RIAs) and individual investors alike.”

    INTVL has a diverse mix of interval funds with varying investment strategies across seven different asset classes including credit, real estate/real assets, hedge funds, specialty, multi-asset, tax-free bonds and venture/private equity. The Index currently has 77 constituents which includes interval and tender offer funds with a daily or weekly net asset value that meet a minimum asset threshold. The Index is calculated daily and rebalanced quarterly. Indxx, Inc. serves as the index calculation agent.

    For more information on the XAI Interval Fund Index, please visit https://xainvestments.com/intvl. If you would like to license the Index, or have any questions, please contact info@xainvestments.com or 888-903-3358. The XAI Interval Fund Index is available on Bloomberg under the ticker INTVL.

    About XA Investments

    XA Investments LLC (“XAI”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund, respectively the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity Premium Income Fund (NYSE: MCN), and the Octagon XAI CLO Income Fund (OCTIX). In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including product development and market research, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. For more information, please visit www.xainvestments.com.

    Media Contact:

    Joanna Sowa

    jsowa@xainvestments.com

    312 374 6938

    The MIL Network

  • MIL-OSI: Live Oak Bancshares, Inc. Announces Date of First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, N.C., April 09, 2025 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) today announced that it will report its first quarter 2025 financial results after U.S. financial markets close on Wednesday, April 23, 2025.

    In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, April 24, 2025, at 9:00 a.m. ET.

    The call will be accessible by telephone and webcast using Conference ID: 75855. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.

    The conference call details are as follows:

    Live Telephone Dial-In
    U.S.: 800.549.8228
    International: +1 646.564.2877
    Pass Code: None Required

    Live Webcast Log-In
    Webcast Link: investor.liveoakbank.com
    Registration: Name and Email Required
    Multi-Factor Code: Provided After Registration

    About Live Oak Bancshares
    Live Oak Bancshares, Inc. (NYSE: LOB) is a financial holding company and parent company of Live Oak Bank. Live Oak Bancshares and its subsidiaries partner with businesses that share a groundbreaking focus on service and technology to redefine banking. To learn more, visit liveoakbank.com

    Contacts:
    Walter J. Phifer | CFO
    910.202.6929

    Claire Parker | Investor Relations
    910.597.1592

    The MIL Network

  • MIL-OSI: Varonis Names Winners of Global Partners in Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 09, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced the winners of its annual Partners in Excellence awards. The program recognizes channel partners who worked tirelessly in 2024 to deliver Varonis’ top-ranked Data Security Platform to customers worldwide. Varonis leadership selected the winners based on their accomplishments throughout the year.

    “Securing critical data is a top priority for our customers, and our mission at Varonis is to protect sensitive data wherever it lives, across IaaS, SaaS, and hybrid environments,” said Greg Pomeroy, Varonis SVP of Worldwide Sales. “In 2024, our partners used their expertise to help Varonis ensure that customer’s data is secured with automated outcomes delivered via our Data Security Platform. Congratulations to the Partners in Excellence award winners.”

    Winners for North America

    • Partner of the Year — CDW
    • Growth Partner of the Year — Trace3
    • Cloud Partner of the Year — World Wide Technology
    • West Regional Partner of the Year — Optiv Security Inc.
    • East Regional Partner of the Year — GuidePoint Security
    • West Growth Partner of the Year — AHEAD
    • East Growth Partner of the Year — Alchemy Technology Group

    Winners for France

    • Partner of the Year — Metsys
    • Growth Partner of the Year — Orange Cyberdefense
    • Partner Excellence Award — Synetis

    Winners for Central Europe

    • Partner of the Year — SVA
    • Growth Partner of the Year — ORBIT
    • Partner Excellence Award — link protect

    Winners for U.K.

    • Partner of the Year — Softcat Plc
    • Growth Partner of the Year — Saepio Solutions Ltd
    • Partner Excellence Award — Bytes Software Services Ltd

    Winners for Spain and Portugal

    • Partner of the Year — Inspiring Solutions

    Winners for Australia

    • Partner of the Year — CyberCX

    Winners for India

    • Partner of the Year — Hitachi Systems India
    • Distributor of the Year — RAH Infotech

    Winners for Latin America

    • Partner of the Year — Infosec Data Security

    Winners for Italy

    • Partner of the Year — Spike Reply
    • Growth Partner of the Year — Lutech

    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, 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

  • MIL-OSI: Grayscale Investments Appoints Diana Zhang as Chief Operating Officer

    Source: GlobeNewswire (MIL-OSI)

    STAMFORD, Conn., April 09, 2025 (GLOBE NEWSWIRE) — Grayscale Investments, the world’s largest crypto-focused asset management platform, today announced the appointment of Diana Zhang as Chief Operating Officer, effective Tuesday, May 6. In this role, Zhang will report to CEO Peter Mintzberg. Zhang succeeds Hugh Ross, who has served as Grayscale’s COO since 2021.

    A veteran asset management executive with 18+ years of experience holding leadership positions at prominent asset management firms, Zhang has a proven ability to shape and execute strategy, run company-wide operations, drive business development, and cultivate teams. For more than a decade, Zhang held multiple executive roles at Bridgewater Associates, a globally recognized asset management firm, including as a Deputy to the co-CEO and as COO of Investment Research. Most recently, Zhang was the COO of BlockTower Capital, a leading institutional investment firm focused on digital and traditional asset classes. Zhang also co-founded NeighborShare, a technology-driven nonprofit that helps families through pivotal moments of need of $400 or less that would otherwise go unmet.

    “Diana is a rare talent, bringing a combination of relevant experience, track record, and vision to Grayscale from some of the leading asset management and investing firms, including those specializing in cryptocurrency and blockchain-related assets,” said Grayscale Chief Executive Officer Peter Mintzberg. “Diana will serve as a strategic partner to our entire team, helping us expand our institutional-caliber partnerships with our clients and fulfill our mission as the largest crypto-focused asset management platform.”

    “I am thrilled to join Grayscale,” said Diana Zhang. “This is an exciting time for the crypto asset management industry, and Grayscale is well-positioned for continued success. I look forward to working with the talented team to drive innovation, deliver exceptional value to our clients, and set the standard for excellence and pioneering leadership in the market.”

    “We are grateful to Hugh for all his contributions to Grayscale, which have been instrumental in positioning us for success,” continued Mintzberg. “During his tenure, we created and launched innovative investment products for the digital economy, including the first digital asset exchange-traded products in the industry. Hugh will provide valuable support during the transition period and, I’m confident, will make a meaningful impact wherever he decides to apply his talents and experience next.”

    “I am proud of the foundational work Grayscale has accomplished thus far, and I am grateful for the opportunity to have served as its COO for the last four years,” said Hugh Ross. “One of the things that attracted me to the crypto asset management space was navigating the challenges associated with an ever-evolving landscape. As I move on to new opportunities, I am confident that the team will continue to drive the company’s mission forward and achieve great success.”

    Over the last decade, Grayscale has launched a suite of more than thirty crypto investment products enabling access to the crypto asset class in a familiar, transparent wrapper, while serving as an educational resource to the investing public, working with policymakers and regulators to bring crypto assets further into the regulatory perimeter, and growing the firm’s business capabilities and best-in-class team. 

    About Grayscale Investments
    Grayscale enables investors to access the digital economy through a family of future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as the world’s largest crypto asset manager. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure.

    Media Contact
    press@grayscale.com

    The MIL Network

  • MIL-OSI: TRC Amends Its Tender Offer for Ingersoll Rand Inc.

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 09, 2025 (GLOBE NEWSWIRE) — TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 1,500,000 common shares of Ingersoll Rand Inc. (the Company) and has decreased the offer price payable to US$65.25 per share from US$77.50 per share.

    TRC also announced that its offer will still expire at one minute after 11:59 p.m. New York City time on April 23, 2025, unless further extended.

    As of close of business on Tuesday, April 8, 2025, 200 shares had been tendered.

    TRC will accept for payment and will pay for all shares validly tendered prior to the expiration date and not properly withdrawn in accordance with the terms of the offer. TRC will not be required to accept for payment or pay for any shares and may terminate the offer if certain conditions which, in the reasonable judgment of TRC in any such case, makes it inadvisable to proceed with the offer or with such acceptance for payment or payment.

    Stockholders of the Company who have already tendered their shares and have not withdrawn such shares need not take any additional action with respect to TRC’s amended tender offer. These stockholders will receive the decreased offer price of US$65.25 per share in TRC’s tender offer.

    TRC has amended its tender offer materials to reflect the decreased offer price and other relevant changes.

    THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY SHARES. THE SOLICITATION AND THE OFFER TO BUY THE COMPANY’S SHARES WILL ONLY BE MADE PURSUANT TO THE OFFER TO PURCHASE AND RELATED MATERIALS, AS SUCH DOCUMENTS ARE SUPPLEMENTED AND AMENDED. STOCKHOLDERS SHOULD READ THESE MATERIALS CAREFULLY BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE TERMS AND CONDITIONS OF THE OFFER. STOCKHOLDERS CAN OBTAIN A COPY OF THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO THE TENDER OFFER BY CONTACTING THE INFORMATION AGENT FOR THE OFFER, CNRA FINANCIAL SERVICES INC. AT (416) 861-9446.

    TRC Capital Investment Corporation is a private investment corporation that manages a diverse investment portfolio.

    For further information, contact:

    Contact: Lorne H. Albaum, President
    Phone: (416) 304-1474

    The MIL Network

  • MIL-OSI: Fusion Fuel Signs Non-Binding Letter of Intent to Acquire British Fuel Distribution Company

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ireland, April 09, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, today announced that it has signed a non-binding letter of intent (“LOI”) to acquire 100% of a privately held British fuel distribution company (the “Target”).

    In the proposed acquisition, the Company will purchase 100% of the outstanding shares of the Target from its shareholders for total consideration valued at £50 million, consisting of £25 million in cash funded through debt financing, £2 million in cash financed from a capital raise, £8 million in the Company’s shares subject to a make-whole agreement, and two additional payments of £7.5 million cash each within nine months and 18 months from the closing.

    The Target reported over $50 million in revenue and $4 million in net income for the year ending in 2023 and delivered strong growth in 2024, generating over $54 million in revenue and $7 million in net income. The transaction, if consummated, would mark a significant expansion of Fusion Fuel’s presence in the energy distribution sector, aligning with the Company’s broader strategic objectives.

    John-Paul Backwell, Chief Executive Officer of Fusion Fuel, commented: “This proposed transaction reflects our progress in executing our growth strategy, which began with our acquisition of Quality Industrial Corp. late last year. Our short-term priority is to build a synergistic portfolio of profitable and cash-generating businesses across the energy value chain. In addition to significantly increased revenues and profitability, acquiring this United Kingdom-based fuel distribution company would enable us to expand our footprint in the energy distribution space while also broadening our geographic presence into a key new market.”

    The LOI is non-binding, and consummation of the transaction remains subject to further due diligence, the negotiation of definitive agreements, and the satisfaction of customary closing conditions, including regulatory approvals. The Company expects to provide further updates as discussions progress.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy supply, distribution, and engineering and advisory solutions through its Al Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

    Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

    Forward-Looking Statements

    This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties, including without limitation, the Company’s ability to enter into a definitive share purchase agreement with the shareholders of the Target, the ability of the parties to complete their due diligence and all other closing conditions, the Company’s ability to complete the proposed acquisition and integrate the Target’s business, obtain all necessary regulatory and other consents and approvals in connection with the transaction, andthose set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission on April 30, 2024, which could cause actual results to differ from the forward-looking statements.

    Investor Relations Contact

    ir@fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network

  • MIL-OSI: BlackLine Recognized in Report on Top AI Use Cases for Accounts Receivable Automation in 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq: BL), has been recognized in the recently published Forrester Report: Top AI Use Cases for Accounts Receivable Automation in 2025. The report highlights key areas where artificial intelligence is transforming the accounts receivable (AR) function, with BlackLine cited for its capabilities in three essential categories: Collection Management, Explainability and Transparency, and Model Bias and Inaccuracy.

    According to the report,

    BlackLine trains AI models with diverse data sets to minimize bias and continuously monitors prediction accuracy, with human reviews to ensure performance.”

    “Finance & accounting leaders want AI they can trust—not just to automate workflows, but to enhance judgment, reduce risk, and ensure data integrity,” said Charlie Gaulke, SVP of Product Management at BlackLine. “For us, being recognized for mitigating model bias and increasing accuracy reflects our commitment to delivering responsible, explainable, and user-controlled AI—grounded in the real-world needs of the Office of the CFO.”

    The Forrester report also recognized BlackLine’s AR Intelligence solution in the following areas:

    • Collection Management: “BlackLine’s AR Intelligence forecasts invoice payments, enabling proactive collection.”
    • Explainability and Transparency: “BlackLine provides visualizations, dashboards, and interfaces to help users understand AI outputs, using interpretable models and explainable AI techniques for transparency.”

    BlackLine’s AR Intelligence applies machine learning to help organizations reduce days sales outstanding (DSO), improve working capital performance, and increase the accuracy of cash forecasting—while maintaining full transparency into how AI-generated insights are produced and validated.

    “Our vision is to bring autonomous finance to every company in the world,” said Jeremy Ung, Chief Technology Officer at BlackLine. “That means using AI not just to automate tasks, but to elevate human judgment—so people become exception handlers and reviewers, while AI handles the heavy lifting. In the year ahead, we’re focused on automating the preparer and collector roles and augmenting the reviewer and approver. It’s part of our broader mission to deliver agentic, explainable, and high-impact AI use cases that move the Office of the CFO toward faster, smarter, and more trusted financial operations.”

    The Forrester: Top AI Use Cases for Accounts Receivable Automation in 2025 report, authored by Meng Liu and contributors, was published on March 14, 2025. It provides a roadmap for finance and technology leaders seeking to adopt AI in AR processes more effectively.

    To learn more about BlackLine’s AI solutions, visit: https://www.blackline.com/why-blackline/blackline-ai/

    MEDIA CONTACT:

    Samantha Darilek

    VP, Communications

    P. 877-777-7750

    E: samantha.darilek@blackline.com

    The MIL Network

  • MIL-OSI United Kingdom: Greens call for crackdown on property-hoarding tax avoiders

    Source: Scottish Greens

    The UK has become the world’s biggest destination for overseas property investors.

    Scotland must act to crack down on property-hoarding tax avoiders to tackle the housing crisis, says the Scottish Greens’ finance spokesperson Ross Greer MSP.

    Mr Greer will shortly lodge proposals in Parliament to end the tax breaks currently enjoyed by two types of companies infamous for buying up and hoarding property – open-ended investment companies and residential property holding companies. He will also propose an additional charge for overseas buyers to crack down on property speculators based in tax havens buying up homes across Scotland. The proposals will be lodged as amendments to the Housing (Scotland) Bill.

    It was recently revealed that buy-to-let housing firms have become the biggest type of business in the UK, outnumbering fast food shops by four to one. A report by the Common Wealth think tank also found that the UK has become the world’s biggest destination for overseas property investors. At the same time, a housing emergency has been declared in Scotland, with thousands of children currently homeless and in temporary accommodation.
    [1][2]

    Mr Greer said:

    “Scotland is in the grips of a housing emergency, yet we still allow homes to be bought and hoarded by overseas speculators without them even paying the same tax that anyone else would. These companies are only interested in making a profit, even if it means the property sitting empty for months or even years at first.

    “Ideally these nonsense companies should be banned from buying homes in Scotland at all, but at the very least they should face a hefty tax bill for the privilege. That should at least put some of them off. We can be a society where everyone has somewhere to call home, but that won’t happen for as long as we have a broken market, one tilted in favour of the speculators, the tax avoiders and the super-rich.”

    “Most people will never have access to the kind of tax wheezes and loopholes that these wealthy buyers have access to. My proposals would force them to either pay their fair share or make way and free up more homes for people and families who really need them.”

    Notes:

    Mr Greer’s amendments will end the exemption from Land and Buildings Transaction Tax (LBTT) currently enjoyed by two types of companies, open-ended investment companies and property holding companies. An additional amendment will apply an LBTT surcharge when the buyer of a property which will not be their primary residence is based outside of the UK.

    MIL OSI United Kingdom

  • MIL-OSI: Fideres Announces Affiliation of Leading Financial Economist Dr. Matthew D. Cain

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Fideres, a global economic consultancy renowned for supporting complex financial litigation for its law firm clients, is proud to announce the affiliation of Dr. Matthew D. Cain.

    Under this agreement, Dr. Cain will serve as a testifying expert and lead Fideres’ expanding securities litigation practice in the United States.

    One of the most prominent testifying experts in U.S. securities litigation, Dr. Cain has provided expert analysis in more than 60 major securities and regulatory enforcement matters, including numerous headline cases brought by the U.S. Securities and Exchange Commission.

    “This is a game-changing move for Fideres and our clients in the plaintiff bar,” said Alberto Thomas, co-founder and managing partner at Fideres USA. “Matt’s partnership with us signals our deep commitment to supporting our clients’ most challenging and impactful cases.”

    This partnership will enable Fideres’s clients to pursue high-stakes, complex litigation with best-in-class economic analysis and support.

    “Working directly with Fideres affords me the ability to focus and lend my experience to an organization with a rich history of affecting change through securities litigation, rooted in academic rigor, innovative economic analysis, and strategic execution,” said Dr. Cain.

    Dr. Cain has held senior academic appointments at the New York University School of Law and the University of California, Berkeley School of Law. He also served as a Financial Economist in the SEC’s Office of Litigation Economics and as an advisor to SEC Commissioner Robert J. Jackson, Jr. His research has been widely published in leading academic and legal journals, with a focus on securities litigation, disclosure, and corporate governance. Dr. Cain holds a Ph.D. in Finance from Purdue University and a Bachelor of Science in Finance from Grove City College.

    About Fideres
    Founded in 2009, Fideres is a consultancy specializing in economic analysis and expert witness services for complex litigation, particularly in the areas of antitrust, financial markets, and consumer protection. The firm has advised claimants in some of the most significant economic and antitrust cases globally and maintains offices in New York and other major jurisdictions worldwide.

    For more information click here.

    Media Contact:
    Mark Firmani
    mark@firmani.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0306a3cf-81d8-4a84-9c34-0246e55e8900

    The MIL Network

  • MIL-OSI: Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025.

    Participants within the United States and Canada, please dial 1-800-715-9871, approximately 15 minutes prior to the scheduled start of the call. If you are calling from outside the United States or Canada, please dial +1-646-960-0440. The access code for the call is 3818407. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a live webcast on the Investor Relations section of the Company’s website.

    A replay will be available one hour after the end of the conference call. To access the replay within the United States and Canada, please dial 1-800-770-2030. From outside of the United States and Canada, please dial +1-647-362-9199. Please use the replay access code 3818407. The webcast will also be archived on the Investor Relations section of the Company’s website.

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    Ormat Technologies Contact:
    Smadar Lavi
    VP, Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com
    Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network

  • MIL-OSI: Cyabra Partners with Aquion to Strengthen Digital Security and Combat Disinformation Across Australia and New Zealand

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, has joined forces with Aquion Pty Ltd, a trusted value-added distributor of cybersecurity and digital transformation solutions. This partnership will bring Cyabra’s AI-driven platform to businesses, government agencies, and enterprises across Australia and New Zealand, helping them detect and monitor digital threats in real time.

    With the rise of disinformation campaigns, bot-driven influence operations, and online manipulation, organizations are increasingly vulnerable to digital threats. Cyabra’s AI-powered platform analyzes millions of online conversations across social media platforms such as X (formerly Twitter), Facebook, and TikTok. It detects inauthentic accounts, AI-generated content, and coordinated disinformation campaigns, mapping how false narratives spread and influence public opinion. By partnering with Aquion, Cyabra is expanding its reach, enabling organizations in Australia and New Zealand via its reseller partners access to the tools they need to safeguard their digital presence.

    “Disinformation isn’t just about social media engagement—it’s a growing threat with real-world consequences, shaping public opinion, impacting businesses, and eroding trust. Organizations need to be proactive, not just reactive, in protecting their digital presence,” said Dan Brahmy, CEO and Co-founder of Cyabra. “Our partnership with Aquion ensures that businesses and governments across Australia and New Zealand have access to the real-time intelligence they need to spot false narratives, uncover manipulation, and stay ahead of digital threats.”

    “We are excited to partner with Cyabra to bring their AI-powered social media intelligence platform to our customers,” said Stephen Balicki, CEO at Aquion. “Disinformation and online manipulation are growing threats to businesses and government agencies alike. With Cyabra’s unique capabilities, we can provide organizations with unparalleled insights to identify and respond to digital threats effectively.”

    Aquion’s extensive network of reseller partners, combined with Cyabra’s AI-powered insights, will enable businesses, government agencies, and media organizations to detect and combat disinformation before it causes irreparable reputational or financial harm. Together, Cyabra and Aquion empower organizations to proactively detect false narratives, counter-influence operations, and protect digital trust in an era where AI-generated content and coordinated manipulation threaten businesses, governments, and public discourse.

    For more information about Cyabra’s AI-driven disinformation detection capabilities and the partnership with Aquion, visit the Cyabra website or Aquion Website.

    Cyabra has entered into a business combination agreement (the “Business Combination Agreement”) with Trailblazer Merger Corporation I (NASDAQ: TBMC) (“Trailblazer”), a blank-check special-purpose acquisition company.

    About Cyabra

    Cyabra Strategy Ltd. (“Cyabra”) is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    About Aquion
    Aquion is a leading Australian software distributor, specialising in connecting world-class technology vendors with the largest resellers across Australia and the Asia-Pacific region. With a commitment to delivering value through the channel, Aquion offers a comprehensive portfolio of disruptive technologies with over 5000 existing software agreements, including business transformation, cybersecurity, DevOps, and infrastructure software solutions. Backed by a highly responsive sourcing team and a reputation for outstanding service, Aquion enables partners to drive growth and capitalise on new opportunities. Focused on collaboration, innovation, and customer success, Aquion remains a trusted partner for vendors and resellers alike in APAC.

    https://www.aquion.com.au/

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com

    About Trailblazer

    Trailblazer Merger Corporation I (Nasdaq: TBMC) is a blank check company formed and entered into a merger, shared exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products that will be the subject of a proposed transaction between Trailblazer Merger Corporation I (“Trailblazer”) and Cyabra Strategy Ltd. (“Cyabra”). All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans;  the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of Combined Company’s Common Stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders

    Trailblazer will file a registration statement on Form S-4 with the SEC, which will include a proxy statement for Trailblazer’s stockholders and a prospectus related to the securities of the combined company. After the registration statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES INVOLVED.

    Once filed, free copies of these documents can be obtained from the SEC’s website at  www.sec.gov. Additional information about Trailblazer can be found on its website at  www.trailblazermergercorp.com or by contacting info@trailblazermergercorp.com.

    Participants in the Solicitation

    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the transaction. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in Trailblazer’s most recent Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed Transactions when it becomes available.

    No Offer or Solicitation

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network

  • MIL-OSI: Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 3.706% Notes due 2026

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding notes listed below. The Tender Offer will expire at 5:00 p.m., New York City time, on April 17, 2025, or any other date and time to which the Company extends the Tender Offer (such date and time, as it may or may not be extended, the “Expiration Time”). The Tender Offer is made pursuant to an Offer to Purchase dated today and related notice of guaranteed delivery, which set forth the terms and conditions of the Tender Offer.

    Title of Security CUSIP / ISIN Nos. Outstanding Principal Amount Tender Offer Consideration(1)
           
    3.706% Notes due 2026 (the “Notes”) 74348TAU6 / US74348TAU60 $342,947,000 $990.00
           

    (1)   Per $1,000 principal amount of 2026 Notes validly tendered on or prior to the Expiration Time and accepted for purchase by the Company.

    The consideration to be paid for each $1,000 principal amount of Notes that are validly tendered and not validly withdrawn on or prior to the Expiration Time will be as set forth in the table above, plus accrued and unpaid interest on the Notes, if any, from the applicable last interest payment date up to, but not including, the Settlement Date (as defined herein). The Company will purchase any Notes that have been validly tendered at or prior to the Expiration Time and accepted for purchase, subject to all conditions to the Tender Offer having been either satisfied or waived by the Company, promptly following the Expiration Time. Assuming the Tender Offer is not extended, the Company expects that the Tender Offer will settle and payment will be made on April 22, 2025 (the “Settlement Date”).

    As described in the Offer to Purchase, tendered Notes may be validly withdrawn at any time prior to or at, but not after, the Expiration Time, unless the Company amends the Tender Offer, in which case the withdrawal rights may be extended as the Company determines, to the extent required by law. The Tender Offer is not conditioned on any minimum amount of Notes being tendered. If any Notes remain outstanding after the consummation of the Tender Offer, the Company may, to the extent permitted by applicable law or the relevant terms and conditions of the Notes, continue to acquire, from time to time, the Notes, including through open market purchases, privately negotiated transactions, one or more tender offers, redemptions, exchange offers or otherwise, upon such terms and at such prices as the Company may determine, which may be more or less than the price to be paid pursuant to the Tender Offer and could be for cash or other consideration or otherwise on terms more or less favorable than those contemplated in the Tender Offer.

    If certain requirements set forth in the Offer to Purchase are met, the Company has agreed to pay a retail processing fee of $1.00 for each $1,000 principal amount of the Notes that are validly tendered and accepted for purchase pursuant to the Tender Offer to retail brokers that are appropriately designated by their tendering holder clients to receive this fee, provided that such fee will only be paid with respect to tenders by Holders whose aggregate principal amount of Notes validly tendered and accepted for purchase is $100,000 or less.

    The Company has retained RBC Capital Markets, LLC to serve as the Dealer Manager for the Tender Offer. Questions and requests for assistance regarding the Tender Offer should be directed to RBC Capital Markets, LLC at +1 (212) 618-7843 (collect) or +1 (877) 381-2099 (toll free).

    The Company intends to fund the purchase price for the Notes tendered in the Tender Offer with cash on hand and borrowings under the Company’s revolving credit facility.

    The Company has retained D.F. King & Co., Inc. to serve as the Information and Tender Agent for the Notes in the Tender Offer.

    The Tender Offer is being made pursuant to the terms and conditions contained in the Offer to Purchase, a copy of which may be obtained from D.F. King & Co., Inc. at (212) 269-5550 (Banks and Brokers) or (800) 967-5068 (toll free), or via psec@dfking.com.

    Copies of the Offer to Purchase and Retail Processing Fee From are also available at the following web address: http://www.dfking.com/psec.

    This announcement is for informational purposes only and is not an offer to purchase or sell or a solicitation of an offer to purchase or sell, with respect to any securities. The solicitation of offers to buy the Notes is only being made pursuant to the terms of the Offer to Purchase, as it may be amended or supplemented. The Tender Offer is not being made in any state or jurisdiction in which such offer would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. None of the Company, the Dealer Manager, or the Information and Tender Agent are making any recommendation as to whether or not holders should tender their Notes in connection with the Tender Offer.

    About Prospect Capital Corporation

    Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses. Prospect’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

    Prospect has elected to be treated as a business development company under the Investment Company Act of 1940 (“1940 Act”). Prospect is required to comply with a series of regulatory requirements under the 1940 Act as well as applicable NASDAQ, federal and state rules and regulations. Prospect has elected to be treated as a regulated investment company under the Internal Revenue Code of 1986.

    Caution Concerning Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. These forward-looking statements include statements regarding expectations as to the completion of the transaction contemplated by the Tender Offer. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future.

    For further information, contact:

    Grier Eliasek, President and Chief Operating Officer
    grier@prospectcap.com
    Telephone (212) 448-0702

    The MIL Network

  • MIL-OSI: UAB “Atsinaujinančios energetikos investicijos” publishes its NAV for March 2025

    Source: GlobeNewswire (MIL-OSI)

    At the end of March 2025, the net asset value (NAV) of UAB “Atsinaujinančios energetikos investicijos” amounted to EUR 95,847,323, reflecting a decrease from EUR 98,222,908 reported at the end of December 2024.

    The share price declined to EUR 1.6340, compared to EUR 1.6745 as of December 2024. The pro forma internal rate of return (IRR) since inception also decreased, reaching 1.42%, down from 2.31% reported at the end of December 2024.

    Contact person for further information: 

    Mantas Auruškevičius 

    Manager of the Investment Company 

    mantas.auruskevicius@lordslb.lt

    The MIL Network

  • MIL-OSI: LM Funding America Announces March 2025 Production and Operational Update

    Source: GlobeNewswire (MIL-OSI)

     TAMPA, Fla., April 09, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended March 31, 2025.

     Metric Jan 2025 Feb 2025 Mar 2025
      – Bitcoin²      
      – Mined, net 8.0 8.1 8.7
      – Sold (14.2)
      – Purchased
      – Service Fee (0.5) (0.1)
      – Bitcoin HODL 158.2 165.8 160.2
      – Machines²      
      – Operational 5,121 5,121 5,121
      – Storage 719 719 719
      – Total Machines 5,840 5,840 5,840
      – Hashrate (EH/s²)      
      – Oklahoma 0.43 0.43 0.43
      – Hosted 0.13 0.13 0.13
      – Energized 0.56 0.56 0.56
      – Storage 0.07 0.07 0.07
      – Total 0.63 0.63 0.63

    “Being vertically integrated not only secures cheaper power for our mining operations but allows us to sell excess energy back to the grid, further advancing our business model,” stated Bruce Rodgers, Chairman and CEO of LM Funding. “This two-way approach to energy utilization increases our operational efficiency and effectively positions the grid itself as a customer, generating approximately $130,000 in power sales for the first quarter of this year. As we continue our infrastructure expansion, we aim to maintain the strength of our balance sheet with these diversified revenue streams.”

    The Company estimates that the value of its 160.2 Bitcoin holdings on March 31, 2025, was approximately $13.3 million or $2.59¹ per share, based on a Bitcoin price of approximately $83,000 as of March 31, 2025, compared to a stock share price of $1.24 as of March 31, 2025.

    Upcoming Conferences and Events

    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About LM Funding America

    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    Forward-Looking Statements

    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    For investor and media inquiries, please contact: 

    Investor Relations 
    Orange Group 
    Yujia Zhai 
    LMFundingIR@orangegroupadvisors.com 

    ______________________________________
    ¹ Calculated using 5,133,412 shares outstanding as of 12/31/24 from SEC Form 10-K filed March 31, 2025
    ² Unaudited

    The MIL Network

  • MIL-OSI: Wevr Unveils Groundbreaking Immersive Experience, Catch the Wave at the Malta Pavilion at World Expo 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — Wevr, a creative development and production studio specializing in interactive and immersive experiences, today revealed its visionary design for the Malta Pavilion Experience at the World Expo 2025 in Osaka, Japan. The immersive installation will welcome global visitors from April 13, 2025 through October 13, 2025, showcasing Malta’s rich heritage and bold aspirations at the prestigious international event held once every four years. Titled “Catch the Wave,” the multi-sensory experience is being created in partnership with Malta Enterprise under the direction of Wevr’s cofounder and CEO Neville Spiteri. 

    “What better way to illustrate Malta’s forward-thinking future than by using immersive technology to surround visitors with the sights and sounds of Malta’s rich history in the Mediterranean, alongside our ambitious vision for tomorrow,” said Malta Enterprise CEO George Gregory. “Wevr’s creative vision and mastery of next-generation technologies made them the natural choice to showcase all that Malta offers in terms of heritage, industry and innovation.”

    With a focus on sustainability and technological advancement, the pavilion seamlessly integrates art, science, technology, culture, and the natural world. Key features include:

    • Dynamic Exterior Canvas: A spectacular 16m × 5m high-resolution LED screen envelops approaching visitors in the breathtaking Mediterranean environment. Digital twins capture the singular beauty of Malta’s iconic structures, from Megalithic temples to the old medieval city of Mdina and the UNESCO world heritage Valletta entrance, weaving a tapestry from past to present, each frame alive with the shifting light of the time of day. Ambient music intertwines with the imagery casting reflections that ripple on the dramatic fountain entrance. 
    • Immersive Time Portal: Inside the pavilion, a 9m x 3m surround screen creates a portal through Maltese history which surrounds visitors in a 180-degree storyscape, unfurling an 8,000-year saga in the Mediterranean Sea cradling the island of Malta. This captivating narrative journey, woven with spatial audio, dramatic lighting, and state of the art 3D and AI technology, traces the island’s metamorphosis from an ancient Mediterranean crossroads to a luminous hub of future innovation.
    • Multi-modal Storytelling: Through collaboration with the Heritage Malta, Wevr utilized state of the art 3D photogrammetry and proprietary Generative AI technology to faithfully bring to life key moments from Malta’s past with unprecedented detail and authenticity. And with the guidance of Malta Enterprise, visualizing an innovative and future extending to renewable energy and the metaverse.  

    “The Malta pavilion experience weaves an immersive journey that envelops visitors in the beauty and essence of Malta,” said Neville Spiteri, CEO of Wevr who directed and produced the experience. “By bringing key historic moments to life and offering glimpses into the future using our R&D in Generative AI and real-time 3D Unreal workflows, we’re demonstrating what tomorrow’s business and entertainment experiences look and feel like.”

    Wevr’s global virtual studio, composed of multiple creative teams across multiple continents, collaborated with Maltese historians, artists and domain experts at the center. The design leverages Wevr’s decade of expertise creating stories and environments with Epic’s Unreal Engine, now enhanced with proprietary Generative AI tools developed specifically for creating spectacular immersive content for forward-thinking clients like the Malta Government. 

    About Wevr

    Wevr is a leading creative immersive studio. We collaborate with artists, brands and IP to co-create immersive experiences and spatial applications. Wevr’s expertise includes Interactive real-time 3D, Spatial/XR, Simulations, Immersive video and Generative AI. Wevr was recognized on Fast Company’s list of “Top 10 Most Innovative companies in AR/VR.” Wevr’s world class leadership team is composed of repeat successful technology entrepreneurs, veteran AAA game developers, and award-winning designers, artists and storytellers. Investors include HTC and Epic Games. 

    Contact:
    Amanda Orr for Wevr
    amanda@wevr.com
    202-459-1304

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bfb9631-df39-4ca8-a0a0-2ff2816e620d

    The MIL Network

  • MIL-OSI: Diamond Equity Research Initiates Coverage on Brillia Inc. (NYSEAM: BRIA)

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of Brillia, Inc. (NYSEAM: BRIA). The in-depth 28-page initiation report includes detailed information on Brillia Inc’s business model, services, industry overview, financials, valuation, management profile, and risks.

    The full research report is available below.

    Brillia Initiation Report

     

    Highlights from the report include:

    • Stable, Cash Flow Positive, Asset-Light Business Model with Underappreciated Optionality and Upside from High-Margin Brand Expansion: BrilliA’s established business model, anchored by enduring partnerships with global industry leaders, delivers stable cash flow and reliable revenue streams. Its integrated operations provide room for expansion into higher-margin opportunities through the DIANA brand rollout. Further enhancing operational agility, BrilliA’s asset-light structure, maintained by minimizing physical assets, allows the company to channel resources more effectively into its core competencies. From our vantage point, this robust financial foundation enables BrilliA to respond to market shifts and invest strategically in long-term growth initiatives. Given the current valuation, the market may not yet fully appreciate BrilliA’s ability to leverage its asset-light model and established relationships to pursue profitable brand-driven expansion initiatives, providing meaningful upside potential.
    • Strategic Market Positioning Enabled by Long-Standing Global Partnerships and Industry Expertise: Long-term relationships with over 20 major brands, including (but not limited to) Fruit of the Loom, Hanes Brands, Jockey International, Hennes & Mauritz, Canadelle, and Li & Fung, underscore BrilliA’s competitive advantage. These enduring partnerships not only secure a stable revenue base but also validate the company’s operational capabilities in the intimate apparel market. This strategic positioning strengthens its reputation and provides leverage for negotiating favorable terms in future contracts.
    • Existing Business Supports Strategic Opportunity in the Rapidly Expanding Asian Lingerie Market: The global lingerie market is on a strong growth trajectory, expanding from $90 billion in 2024 to a projected $142 billion by 2030, driven by evolving consumer preferences, digital transformation, and increasing demand for comfort, inclusivity, and sustainability. While North America and Europe remain key markets, the Asia-Pacific dominates, contributing 40% of global lingerie revenues, with Southeast Asia emerging as a high-potential region led by Indonesia. Consumers are increasingly prioritizing comfort, inclusivity, and sustainability, fueling demand for innovative fabrics, diverse sizing, and ethical sourcing. Digital disruption is reshaping the competitive landscape, as traditional players like Victoria’s Secret, Hanesbrands, and Triumph International face mounting pressure from agile, direct-to-consumer brands. BrilliA’s DIANA brand is strategically positioned to tap into Southeast Asia’s growing demand by expanding product offerings, strengthening its digital presence, and integrating sustainability-focused initiatives, aiming to establish itself as a dominant player in the region’s evolving lingerie market. In our view, established businesses leveraging core competencies to enter new segments typically bear lower risk compared to startup enterprises lacking a proven operational track record.
    • Vertically Integrated Supply Chain Model Efficiently Manages Lead Times, Reduces Production Risks, and Maintains Pricing Power, Representing a Significant Competitive Advantage : BrilliA’s end-to-end integration, from design & prototyping to production & quality control, promotes efficient operations and cost-effective manufacturing. This vertical integration supports competitive pricing, timely delivery, and consistent product quality, forming a robust foundation for scaling the business. By streamlining production processes and reducing lead times, the company is well-equipped to respond to market demands swiftly and efficiently. Additionally, BrilliA is finalizing a manufacturing agreement with Magic Link Garment Ltd in Cambodia to expand capacity and leverage trade benefits such as duty-free access to Canada and preferential treatment under the EU’s EBA program. This move is expected to enhance operational efficiency and support an internally projected revenue increase of up to $5 million in 2025, subject to market conditions.
    • Analysis Indicates Meaningful Upside Potential from Geographical, Product, and Digital Expansion Initiatives: With plans to expand into key markets in Southeast Asia and Europe, along with diversifying into adjacent product categories such as sleepwear, activewear, baby wear, and period underwear, BrilliA is well-positioned to target new market segments. This strategy mitigates regional risks while driving long-term growth by broadening the customer base and enhancing cross-selling opportunities and revenue stability. We believe targeted investments in digital marketing can effectively drive online engagement and new customer acquisition, while the ongoing recruitment of design talent positions the company to sustain innovation and competitiveness. Additionally, based on preliminary analysis of reciprocal tariffs introduced by the Trump Administration on April 3, 2025, BrilliA’s production exposure in Indonesia (32% tarrif) could position it more favorably than peers with higher exposure to Vietnam (46%), Thailand (36%), or Cambodia (49%), potentially enabling the company to better manage cost volatility and trade disruptions. Collectively, our analysis suggests that BrilliA has multiple avenues available to expand beyond its existing business segments while being relatively insulated from near-term geopolitical trade risks.
    • Valuation: BrilliA, Inc. is strategically positioned for growth, leveraging its established B2B operations to support the expansion of the high-margin D2C DIANA brand in the luxury intimate apparel market. With strong industry partnerships and a focus on quality, innovation, and digital transformation, BrilliA aims to capture significant opportunities in the multi-billion-dollar global lingerie market. Its dual business model balances the profitability and stability of its B2B segment with the high-growth potential of its D2C brand. We believe the market currently undervalues the embedded optionality associated with the successful expansion into the premium D2C segment, presenting additional upside potential. Using a valuation methodology weighted 80% toward a DCF analysis (WACC at 12.25%, terminal growth rate at 1.5%) and 20% toward a sum-of-the-parts approach, we model the company’s value at approximately $183.81 million, or $6.00 per share. Achieving this valuation hinges on successfully scaling DIANA, while preserving robust cash flows from its B2B operations and overall successful execution.

    About Brillia, Inc.  

    Brillia Inc., established in 2023, specializes in the design, production, and distribution of women’s intimate apparel across global markets, including North America, the European Union, the Asia-Pacific, Latin America, and the Middle East. Its product range encompasses bras, panties, bodysuits, swimwear, dresses, and related apparel. 

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by BrilliA, Inc. for producing research materials regarding BrilliA, Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 04/09/25 the issuer had paid us $30,000 for our company sponsored research services, which commenced 12/30/2024 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 04/09/2025. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment.This report does not explicitly or implicitly affirm that the information contained within this document is accurate and/or comprehensive, and as such should not be relied on in such a capacity. All information contained within this report is subject to change without any formal or other notice provided.  Investors can find various risk factors in the initiation report and in the respective financial filings for Brillia, Inc. Please review initiation report attached for full disclosure page.   

    Contact:
    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network

  • MIL-OSI: Energy Industry Veteran Gregory J. Goff Releases Letter to Fellow Phillips 66 Shareholders

    Source: GlobeNewswire (MIL-OSI)

    Breakdown in board governance enabled the pursuit of a strategy that has not delivered for shareholders

    Goff supports Elliott’s engagement with Phillips 66 to maximize long-term value for all shareholders

    Elliott’s nominees will provide an infusion of independence and expertise in the Phillips 66 boardroom and ensure management is held to account

    SAN ANTONIO, April 09, 2025 (GLOBE NEWSWIRE) — Gregory J. Goff, a 40-year energy industry veteran and shareholder of Phillips 66 (NYSE: PSX), today released the following letter to his fellow Phillips 66 shareholders:

    Dear Fellow Phillips 66 Shareholders,

    I have made a $10 million investment in Phillips 66 because I am confident that with the right leadership, operating priorities and strategic focus, Phillips 66 can be a much stronger company — offering greater opportunities to its employees and significantly more value to its shareholders. I believe the slate of directors put forward by Elliott Investment Management can help the company unlock that potential.

    During my nearly 30 years at ConocoPhillips, the predecessor company to Phillips 66, I developed an appreciation for the quality of the company’s assets and, more importantly, its people. However, it is my view that Phillips 66 has lost its way. I firmly believe the company can restore its prior stature as a leader in the energy industry, but only if it makes the kinds of operational and strategic changes that are urgently needed.

    I have been disappointed by what I see as a breakdown in effective corporate governance at Phillips 66. I know from experience how critical it is for a company to have a strong Board — possessing both the independence and the expertise to question management’s assumptions about the business and consider the long-term implications of every decision. I don’t see evidence of that kind of culture today on the Phillips 66 Board.

    For example, Phillips 66 has been pursuing a strategy for many years that emphasizes and grows midstream assets alongside its refining business, despite evidence that this structure isn’t delivering value for shareholders relative to the company’s more streamlined peers. A stronger Board would have questioned why these disparate businesses – which trade at different multiples, trapping shareholder value and diluting management focus – belong together. And it wouldn’t require outside pressure to initiate a review of alternatives that could unlock that value and create the focus required to improve operations.

    For these reasons, I am supporting Elliott Investment Management in its engagement with Phillips 66. I believe Elliott’s nominees to the Board — some of whom I know personally from my time at ConocoPhillips — have the potential to instill a new culture in the Phillips 66 boardroom. They would bring much-needed experience and, just as important, a mindset that approaches each critical decision by asking the question, “What’s going to create the most long-term value?”

    I am motivated in part by the fact that Phillips 66 counts among its investors a large number of retail shareholders. These retirees, employees and other individual holders of Phillips 66 stock are counting on their investment to help them meet their financial goals. They deserve a Board that is fully committed to maximizing value on their behalf — one that works tirelessly to hold management accountable.

    To be clear, given my other commitments, I am not seeking a formal role with the company. However, I am committed to helping Phillips 66 reach its full potential, and I would be open to supporting the company, should the Board see fit. I am choosing to devote my time and energy to this effort because I believe Phillips 66 is not only a strong investment, but also a company where my support for Elliott’s campaign can make a difference for employees and investors alike.

    Sincerely,
    Gregory J. Goff

    About Gregory J. Goff

    Gregory J. Goff is an accomplished industry veteran with a 40+ year track record of successfully managing and growing energy and energy-related businesses. He has significant experience in the areas of refining, marketing & logistics, trading, and exploration & production.

    Mr. Goff was previously Chairman, President, and CEO of Andeavor (formerly known as Tesoro) from 2010 until its strategic combination with Marathon Petroleum in 2018. At Andeavor, Mr. Goff spearheaded a successful financial and operational transformation. Prior to joining Andeavor, Mr. Goff had a nearly 30-year career with ConocoPhillips, where he held various leadership positions in Exploration & Production, International Downstream, and Global Commercial Operations. Mr. Goff currently serves as CEO of Claire Technologies, Inc., a technology company providing low-carbon solutions to decarbonize the energy and transportation sectors.

    Mr. Goff is currently a member of the board of directors of Avient (formerly PolyOne Corporation), and XEnergy, a private American nuclear reactor and fuel design engineering company. Additionally, he is the Founder of the Goff Strategic Leadership Institute at the University of Utah.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    (646) 569-5897
    dg@gagnierfc.com

    The MIL Network

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of Exercise of Warrants for $3.1 Million Gross Proceeds

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, April 09, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 4,218,751 shares of common stock of the Company originally issued in November 2023, having an exercise price of $1.44 per share, at a reduced exercise price of $0.75 per share. The shares of common stock issued upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (No. 333-284234). The gross proceeds to the Company from the exercise of the warrants were approximately $3.1 million, prior to deducting placement agent fees and estimated offering expenses.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    In consideration for the immediate exercise of the warrants for cash, the Company issued new unregistered warrants to purchase up to 8,437,502 shares of common stock. The new warrants have an exercise price of $0.75 per share, will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the new warrants and will expire on November 24, 2028.

    The Company intends to use the net proceeds from the offering for general working capital purposes.

    The new warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”) and, along with the shares of common stock issuable upon their exercise, have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (“SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the new warrants.

    In connection with the offering, the Company reduced the exercise price for all outstanding November 2023 warrants to purchase 8,333,333 shares of common stock, including the November 2023 warrants to purchase up to 4,218,751 shares of common stock referred to above, such that all outstanding November 2023 warrants have a reduced exercise price of $0.75 per share.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey 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 as to the receipt of stockholder approval and the intended use of net proceeds from the offering, 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 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.

    Investor Relations Contact:

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

    Media Contact:

    Fatema Bhabrawala, Director of Public Relations
    fbhabrawala@allianceadvisors.com

    The MIL Network

  • MIL-OSI: CERo Therapeutics Holdings, Inc. Announces Initial Clinical Trial Site for its Phase 1 Clinical Trial of CER-1236 in Acute Myeloid Leukemia

    Source: GlobeNewswire (MIL-OSI)

    SOUTH SAN FRANSCISCO, Calif., April 09, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces its first clinical trial site for the Company’s Phase 1 clinical trial of CER-1236.  The trial is focused on patients with acute myeloid leukemia (AML), and patient enrollment is underway, with expected dosing of the first patient during the first half of 2025.

    The trial will be led by Abhishek Maiti, M.D., assistant professor of Leukemia at The University of Texas MD Anderson Cancer Center.

    The first-in-human, multi-center, open label, Phase 1/1b study is designed to evaluate the safety and preliminary efficacy of CER-1236 in patients with acute myeloid leukemia that is either relapsed/refractory, has measurable residual disease, or has a mutation of the TP53 gene. The two-part study will begin with dose escalation to determine highest tolerated dose and recommended dose for Phase 2, followed by an expansion phase to evaluate safety and efficacy.  Primary outcome measures include incidence of adverse events (AEs) and serious adverse events (SAEs), incidence of dose limited toxicities and estimation of overall response rate (ORR), complete response (CR), composite complete response (cCR), and measurable residual disease (MRD).  Secondary outcome measures include pharmacokinetics (PK).

    Chris Ehrlich, CERo Therapeutics CEO added, “It is encouraging to conduct our trial at one of the most renowned cancer centers in the United States, which we believe is a validation of the scientific work performed to date with CER-1236.  The assignment of clinical trial sites is an important milestone. We look forward to announcing enrollment and first dosing in the near term.”

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2025 for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo and the implementation of its proposed plan of compliance with Nasdaq continued listing standards. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network

  • MIL-OSI Europe: OSCE Presence supports SPAK Task Force to prevent and investigate electoral crimes

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE Presence supports SPAK Task Force to prevent and investigate electoral crimes

    Head of SPAK Altin Dumani (left), Ambassador Tarran (across) and their staff meet on the occasion of a donation by the OSCE Presence to enhance SPAK’s newly-established Task Force’s capacities in preventing and investigating electoral crimes, Tirana, 9 April 2025. (OSCE/Joana Karapataqi) Photo details

    As part of its efforts to support the Special Structure Against Corruption and Organized Crime (SPAK), on 9 April 2025, the OSCE Presence in Albania donated several sets of IT equipment to enhance SPAK’s newly-established Task Force’s capacities in preventing and investigating electoral crimes in the 11 May parliamentary elections.
    The equipment – consisting of 25 laptops, 25 printers/scanners and accessories – will be used by the 13 mobile investigation units as well as the co-ordinating unit in Tirana. The mobile units will cover all 12 regions of Albania and will be composed of SPAK prosecutors, National Bureau of Investigation (NBI) investigators, financial investigators and support staff. They will focus on preventing and investigating criminal offences related to misuse of public administration and state infrastructure as well as the involvement of criminal groups in elections.
    This technical assistance will be followed by capacity-building training aimed at enhancing the skills of special prosecutors, financial and NBI investigators in gathering, analysing and investigating evidence related to electoral crimes.
    During the handover ceremony at SPAK premises, Head of Presence Ambassador Michel Tarran and Head of SPAK Altin Dumani emphasized the importance of strong institutional mechanisms in safeguarding electoral processes.
    “Today is about more than just equipment – it is about empowering the institutions that contribute to strengthening Albania’s democracy. I would like to commend SPAK for their initiative and commitment to investigating and prosecuting electoral crimes. We hope that heightened co-ordination and action from relevant institutions will dissuade potential violators and are confident that your work will contribute to ensuring that elections are free from unlawful interference,” said Tarran.
    “Elections represent a cornerstone of a democratic state. We express our gratitude to the OSCE for its continued support. This equipment will help to enhance the capacity of special prosecutors and investigators in the timely identification and effective prosecution of electoral crimes”, said Dumani.
    The donation was made possible as part of OSCE Presence’s project “Support to electoral reform and processes in Albania” funded by Sweden, Switzerland, the U.S. Mission to the OSCE and Poland.
    The OSCE Presence remains committed to supporting Albania’s institution in further strengthening electoral integrity.

    MIL OSI Europe News

  • MIL-OSI Africa: Africa Finance Corporation Tops US$1 Billion Revenue for First Time as Landmark Projects Unlock Growth Across the Continent

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

    LAGOS, Nigeria, April 9, 2025/APO Group/ —

    Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation’s history.

    This record performance marks a significant milestone in AFC’s mission to close Africa’s infrastructure gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes. The Corporation posted a 22.8% increase in total revenue to US$1.1 billion and a 22.3% rise in total comprehensive income to US$400 million, up from US$327 million in 2023.

    AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates.  

    Further significant financial highlights include:

    • Net interest income up 42.5% to US$ 613.6 million
    • Fee and commission income rose to US$109 million, the highest in over five years
    • Operating income climbed 42.7% to US$709.7 million
    • Total assets reached a record US$14.4 billion, a 16.7% year-on-year increase
    • Liquidity coverage ratio strengthened to 194%, providing over 34 months of cover
    • Cost-to-income ratio improved to 17.3% from 19.6% in 2023

    Throughout 2024, AFC continued to scale its impact by mobilising capital for landmark projects across energy, transport, and natural resources. These included the Lobito Corridor – a cross-border railway development spanning Angola, the Democratic Republic of Congo (DRC), and Zambia. AFC led the initiative to secure a concession agreement within one year of the initial Memorandum of Understanding (MoU), an unprecedented achievement for a project of its scale. In the DRC, AFC also invested US$150 million in the Kamoa-Kakula Copper Complex, Africa’s largest copper producer and one of the most sustainable globally, thanks to its high-grade ore and renewable-powered smelter.

    Other milestones transactions included financing support for the commissioning of the Dangote Refinery, the largest in Africa, and continued progress on AFC-backed Infinity Power Holding’s 10 GW clean energy ambition, with power purchase agreements secured in Egypt and South Africa. AFC also invested in the 15GW Xlinks Morocco-UK Power Project, providing US$14.1 million to support early-stage development of a transcontinental renewable energy pipeline between North Africa and Europe.

    AFC strengthened its capital base and expanded its investor network through several landmark funding initiatives. These included a US$ 1.16 billion syndicated loan – the largest in its history, a US$500 million perpetual hybrid bond issue, and the successful execution of Nigeria’s first-ever domestic dollar bond, which raised US$900 million at 180% oversubscription. AFC also returned to the Islamic finance market after eight years, closing a US$400 million Shariah-compliant facility.

    The year also saw strong momentum in equity mobilisation, with US$181.8 million in new capital raised from ten institutional investors. These included Turk Eximbank – AFC’s first non-African sovereign shareholder – the Arab Bank for Economic Development in Africa (BADEA), and several major pension funds spanning Cameroon, Seychelles, Mauritius, and South Africa. Ratings agencies affirmed AFC’s robust credit profile, with AAA ratings from S&P Global (China) and China Chengxin International, and a stable A3 Outlook from Moody’s.

    “These results send a clear message that strategic investment in African infrastructure creates lasting value for both beneficiaries and investors,” said Samaila Zubairu, President & CEO of AFC. “In 2024, we exceeded the billion-dollar revenue mark, delivered game-changing projects, and reinforced our financial resilience—demonstrating the scalability of our unique model that blends purpose with performance to accelerate Africa’s economic transformation.”

    Read the full annual report here (https://apo-opa.co/424qlmR)

    MIL OSI Africa

  • MIL-Evening Report: Election Diary: Chalmers and Taylor quizzed on personal flaws during animated treasurers’ debate

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Perhaps the most compelling moment, at least for non-economists, in Wednesday night’s debate between Treasurer Jim Chalmers and his “shadow” Angus Taylor was when each man was forced to respond to what critics see as their personal flaws.

    Moderator Ross Greenwood, Sky’s business editor, put to Chalmers that people say “you’ve got a bit of a glass jaw, that you don’t cop criticism well”.

    “I think over time I’ve learned to understand that you take the good with the bad,” Chalmers responded, looking taken aback. “I think I’ve learnt over time to focus on the objective observers of the job that I’m doing and I think ultimately the Australian people will judge that rather than the kind of partisan commentators from time to time.”

    Taylor was told that “some people suggest that maybe you don’t put the work in”.

    “Well, you know, there’s lots of free advice in this game,” Taylor said. “You get it, Jim gets it, we all get it. But I tell you what, I work every single day for those hardworking Australians who work in Jim’s electorate, in my electorate, right around Australia […] I come from a hardworking family.”

    In the debate – a livelier encounter than Tuesday’s one between the leaders – the weapons of past promises were liberally deployed. Taylor invoked Labor’s unrealised $275 cut in power bills. Chalmers reached back to Tony Abbott’s pledge of no cuts to health and education, alleging a secret plan for cuts to pay for the Coalition’s nuclear scheme.

    The hour was filled with claims, counter claims, disputed figures, and accusations of lies.

    In the judgement of University of Canberra economist John Hawkins, Chalmers performed the better of the two.

    “He stayed on message, arguing the economy was improving, and the budget was in better shape than what he inherited. Given times of global uncertainty, he argued for a steady hand,” Hawkins said.

    “Angus Taylor was critical of economic conditions over the past three years but weak on what needed to be done differently, other than a temporary cut to the fuel tax and lower immigration. He did not effectively rebut Chalmers’ repeated claim that the Coalition stood for higher income tax, lower wages and no ongoing cost of living relief.

    “Taylor repeated [Opposition Leader Peter] Dutton’s unconvincing claim that under the Liberals, Australia would be virtually the only country in the world exempted from the Trump tariffs.

    “Chalmers thought the global tariff war would reduce Australia’s economic growth but not push us into recession. I thought he may have pointed out that in the global financial crisis Australia was one of the few OECD countries to avoid recession – and he was one of [former treasurer] Wayne Swan’s key advisers at the time, giving him some very relevant experience.”

    Business feels neglected

    Business, especially big business, is feeling somewhat neglected in this election. On April 20, business groups are joining to call for a commitment to a pro-business agenda.

    In letters to Prime Minister Anthony Albanese, Dutton and parliamentarians generally, the groups argue Australia has “one of the least competitive tax systems among comparable nations. We’ve burdened our economic engine room with countless new pieces of regulation and red tape. And the prosperity of all Australians suffers while our productivity lags.”

    Who fired up US senator Mark Warner on Australia’s tariff woes?

    Australia is bracing for a fresh tariff strike from US President Donald Trump, after he declared this week that “we’re going to be announcing a major tariff on pharmaceuticals”.

    Australia exports about $2 billion in pharmaceuticals to the United States, including $1.8 billion of blood products. These exports make up less than 0.3% of our goods exports to the world.

    Pharmaceuticals were set aside in last week’s tariff round for later consideration. In that round, Australia was only subject to the 10% general tariff.

    The US pharmaceutical industry hates the Australian Pharmaceutical Benefits Scheme, under which the government purchases drugs, leading to prices for Australians being cheaper than in the US. Both sides of politics say they wouldn’t compromise the PBS.

    Meanwhile, in Washington, Australia’s cause for an exemption from the 10% tariff has found a friend in Democratic Senator Mark Warner.

    In the Senate finance committee on Tuesday (Washington time) Warner quizzed US trade representative Jamieson Greer on why an ally had been badly treated.

    Why did Australia get “whacked”, Warner wanted to know, given the US has a trade surplus with it, and a free trade agreement. Besides, “they are an incredibly important national security partner”.

    Greer was unmoved. “Despite the agreement, they ban our beef, they ban our pork, they’re getting ready to impose measures on our digital companies.”

    So who is Warner, and why is he standing up for us? Bruce Wolpe, senior fellow at the US Studies Centre at the University of Sydney and author of Trump’s Australia, says Warner, a long-time senator with a background in the tech industry, is a “low-key moderate”. He is a member of the Senate Finance Committee, which has jurisdiction over trade, and the Select Committee on Intelligence. Warner is a supporter of AUKUS.

    “Someone briefed his staff [on the treatment of Australia] and it paid off,” Wolpe speculates. “Someone saw this was a chance the confront the US trade representative about Australia. They did a great job. It was terrific. It was a direct hit.” No one knows whether the hand of Kevin Rudd might have been involved.

    Industry Minister Ed Husic told the ABC: “I reckon I might see if I can get an honorary Order of Australia for senator Warner. Good on him. I like the cut of his jib. It was very defensive of Australia, but we heard the actual administration’s perspective running up the score against us.”

    Michelle Grattan 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. Election Diary: Chalmers and Taylor quizzed on personal flaws during animated treasurers’ debate – https://theconversation.com/election-diary-chalmers-and-taylor-quizzed-on-personal-flaws-during-animated-treasurers-debate-253734

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Bitdeer Announces March 2025 Production and Operations Update

    Source: GlobeNewswire (MIL-OSI)

    — Completed mass production of SEALMINER A1s and 2.8 EH/s energized
    — Regulatory approval for Tydal, Norway site finalized
    — Retained Northland Capital Markets (“Northland”) to act as financial advisor for its HPC/AI data center development strategy

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for March 2025.

    Operational Update

    • Self-mined Bitcoin: 114 Bitcoins.
    • Mining Rig Manufacturing and R&D:
      • SEALMINER A1:
        • Completed mass production of approximately 3.8 EH/s of mining rigs.
        • 2.8 EH/s are energized, 0.6 EH/s have been delivered for installation, 0.3 EH/s are in-transit to the Company’s datacenters, with remaining to be delivered in April.
      • SEALMINER A2:
        • Wafer capacity disclosures will be paused temporarily. This decision was the result of a comprehensive consideration for maximizing the Company’s shareholders’ value. These disclosures were previously provided to assist potential mining rig buyers in making informed decisions. However, due to the current market uncertainty and the significant slowdown in mining rig demand, disclosure of total capacity is not currently useful. The Company’s self-mining hashrate forecast increased slightly this month and Bitdeer remains confident that the previously predicted hashrate targets in the second half of 2025 are achievable, on schedule, and can potentially exceed the Company’s expectations.
        • 0.8 EH/s of mining rigs have been shipped to customers and the Company’s own datacenters for self-mining, 0.4 EH/s have been manufactured and are ready for shipment and 1 EH/s are being assembled.
        • Sales of SEALMINER A2 are ongoing, ~0.3 EH/s of miners have been shipped to customers in March.
        • Launched SEALMINER A2 Pro series on March 17, 2025, featuring air-cooling (SEALMINER A2 Pro Air) and hydro-cooling (SEALMINER A2 Pro Hyd) models with a power efficiency ratio of 14.9 J/TH. The SEALMINER A2 Pro Air delivers up to 270 TH/s, while the SEALMINER A2 Pro Hyd reaches 530 TH/s, both with advanced efficiency, stability, and noise reduction. SEALMINER A2 Pro will be another commercialized product that is currently open for external sales.
      • SEALMINER A3:
        • SEAL03 sample wafers achieved an energy efficiency of 9.7 J/TH at the chip level during chip verification and prototype testing while running at low voltage, ultra power-saving mode. More risk wafers will be delivered in April for further testing and mass production ready R&D.
      • SEALMINER A4:
        • SEAL04 R&D remains on track to achieve an expected chip efficiency of approximately 5 J/TH with anticipated initial tape-out in Q4 2025.
    • HPC/AI:
      • Bitdeer has now formalized an engagement with Northland Capital Markets (“Northland”) to act as financial advisor for its HPC/AI data center development strategy.  Northland will assist Bitdeer with existing negotiations with potential development partners and provide guidance regarding capital providers.
      • Discussions are ongoing with multiple development partners and potential end users for selected large scale sites in U.S. for HPC/AI clouding business.
      • GB200 NVL72 reservations open – deployment is on schedule for 2025.
    • Hosting:
      • Client-hosted mining rigs increased by 3,000 units or 0.6 EH/s in March 2025, due to existing customers increasing hosted mining rigs.
    • Infrastructure:
      • Tydal, Norway: Regulatory approval has been obtained, with 70 MW set for energization and commissioning in early April and the remaining 105 MW scheduled for completion by mid-2025.
      • Rockdale, Texas, USA: 1.4 EH/s of SEALMINER A1 hydro mining rigs have been energized into 100 MW hydro-cooling conversion.
      • Clarington Phase 2, Ohio, USA: 304 MW land lease agreement signed and negotiating with regional utility.
      • Jigmeling, Bhutan: All electrical equipment has been delivered and is being installed, with completion and energization in Q2 2025 on track (see Infrastructure Construction Update section below for further details).
      • Oromia Region, Ethiopia: In early April, Bitdeer signed an SPA and a turnkey agreement for the acquisition and construction of a 50 MW mining datacenter in Ethiopia for US$7.5 million, including a local company with a mining permit, a 33kV substation connection, and a 4-year Power Purchase Agreement (PPA) with Ethiopian Electric Power Company. The Company is collaborating with an EPC contractor with specialized experience in Bitcoin mining and targeting energization by Q4 2025.

    Management Commentary

    “We achieved significant operational progress in March,” stated Matt Kong, Chief Business Officer at Bitdeer. “First, we completed mass production of 3.8 EH/s our SEALMINER A1 mining rigs and energized 2.8 EH/s, increasing our self-mining hashrate to 11.5 EH/s at the end of March with the remaining to be installed and turned on in April. Second, we launched the SEALMINER A2 Pro series Bitcoin mining rigs, delivering an efficiency of 14.9 J/TH. Finally, we obtained regulatory approval for Phase 1 and 2 of our Tydal, Norway site and we expect to energize more than 600 MW of power capacity over the next few months, including our Bhutan site.”

    Production and Operations Summary

    Metrics Mar 2025 Feb 2025 Mar 2024
    Total hash rate under management1(EH/s) 24.2 20.9 22.5
    – Proprietary hash rate 12.1 9.4 8.4
    • Self-mining 11.5 9.0 6.7
    • Cloud Hash Rate 1.7
    • Delivered but not hashing 0.6 0.4 0.0
    – Hosting 12.1 11.5 14.1
    Mining rigs under management 175,000 163,000 226,000
    – Self-owned2 97,000 88,000 86,000
    – Hosted 78,000 75,000 140,000
    Bitcoins mined (self-mining only) 114 110 294
    Bitcoin held3 1,156 1,039 58


    1
    Total hash rate under management as of March 31, 2025 across the Company’s primary business lines: Self-mining, Cloud Hash Rate, and Hosting.

    • Self-mining refers to cryptocurrency mining for the Company’s own account, which allows it to directly capture the high appreciation potential of cryptocurrency.
    • Cloud Hash Rate offers hash rate subscription plans and shares mining income with customers under certain arrangements. The Cloud Hash Rate stated above reflects the contracted hash rate with customers at month-end.
    • Hosting encompasses a one-stop mining machine hosting solution including deployment, maintenance, and management services for efficient cryptocurrency mining.

    2Self-owned mining machines are for the Company’s self-mining business and Cloud Hash Rate business.
    3Bitcoins held do not include the Bitcoins from deposits of the customers.

    Infrastructure Construction Update

    Rockdale, Texas – 100 MW Hydro-cooling conversion energization commenced:

    • All cooling system delivered and installed.
    • Approximately 1.4 EH/s of SEALMINER A1 hydro mining rigs have been energized.
    • Energization in accordance with the phase of delivery of mining rigs.

    Tydal, Norway175 MW site expansion anticipated to be fully energized by mid-2025:

    • Regulatory approval has been obtained.
    • 70 MW will be ready for energization and commissioning in early April, with the remaining 105 MW to be commissioned by mid-2025.
    • Installation of the transformers has been completed, with the delivery and installation of electrical equipment currently in progress. Additionally, the procurement and delivery of containers and hydro-cooling systems are underway, and drainage systems construction is ongoing.

    Massillon, Ohio – 221 MW site construction has begun ahead of schedule:

    • Substation construction is underway and is expected to be completed in Q3 2025.
    • Building design is completed and construction has begun earlier than expected, estimated to be completed in phases between Q3 and Q4 2025.
    • Estimated energization is expected to be completed in phases over Q3 and Q4 2025.

    Clarington Phase 2, Ohio – 304 MW: Signed lease agreement with the landlord and negotiating with regional utility.

    Jigmeling, Bhutan – 500 MW site is progressing well and is expected to be energized in phases beginning in April through June 2025:

    • All electrical equipment has been delivered and is currently being installed, with completion expected by Q2 2025.
    • The first main 132kV transformer has been powered on. The second main 132kV transformer is expected to be powered on in April 2025.
    • Construction of the 220kV substation is underway and is expected to be completed by Q2 2025.
    • Delivery of containers and hydro-cooling systems are in progress and is expected to be completed in phases by Q2 2025.

    Fox Creek, Alberta – 101 MW site acquired in Alberta, sitting on 19 acres, is fully licensed and permitted:

    • Acquisition includes all permits and licenses to construct an on-site natural gas power plant, as well as approval for a 99 MW grid interconnection with Alberta Electric System Operator (“AESO”).
    • Bitdeer will develop and construct the power plant in partnership with a leading engineering, procurement and construction (“EPC”) company and is expected to be energized by Q4 2026.

    Oromia Region, Ethiopia – Signed an SPA and a turnkey agreement for the acquisition and construction of a 50 MW Bitcoin mining project in Ethiopia for US$7.5 million:

    • Acquisition includes local Ethiopian company with a mining permit, connected to a neighboring transmission substation at 33kV interconnection.
    • This local Ethiopian company has signed a Power Purchase Agreement (PPA) with Ethiopian Electric Power Company for a duration of 4 years at an electricity price of approximately US$0.036/ kWh.
    • Bitdeer is working closely with an EPC contractor with specialized experience in Bitcoin mining and this mining project is expected to be energized in Q4 2025.
    Site / Location Capacity (MW) Status Timing4
    Electrical capacity      
    – Rockdale, Texas 563 Online Completed
    – Knoxville, Tennessee 86 Online Completed
    – Wenatchee, Washington 13 Online Completed
    – Molde, Norway 84 Online Completed
    – Tydal, Norway 50 Online Completed
    – Gedu, Bhutan 100 Online Completed
    Total electrical capacity 8955    
    Pipeline capacity      
    – Tydal, Norway Phase 1 70 In progress April 2025
    – Tydal, Norway Phase 2 105 In progress Mid 2025
    – Massillon, Ohio 221 In progress Q3-Q4 2025
    – Clarington, Ohio Phase 1 266 In progress Q3 2025
    – Clarington, Ohio Phase 2 304 Pending approval Estimate 2026
    – Jigmeling, Bhutan 500 In progress Q2 2025
    – Rockdale, Texas 179 In planning Estimate 2026
    – Alberta, Canada 99 In planning Q4 2026
    – Oromia Region, Ethiopia 50 In planning Q4 2025
    Total pipeline capacity 1,794    
    Total global electrical capacity 2,689    


    4
    Indicative timing. All timing references are to calendar quarters and years.
    5 Figures may not add up due to rounding.

    Upcoming Conferences and Events

    • April 8 – 9, 2025: Jones Healthcare and Technology Innovation Conference in Las Vegas, Nevada
    • April 16, 2025: Jefferies Power x Coin Virtual Conference
    • May 14 – 15, 2025: Macquarie Asia Conference 2025 in Hong Kong
    • May 19 – 20, 2025: Barclay 15th Annual Emerging Payments and Fintech Forum in New York City
    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 21 – 22, 2025: B. Riley 25th Annual Investor Conference in Marina Del Rey, California
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About Bitdeer Technologies Group

    Bitdeer is a world-leading technology company for Bitcoin mining. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.

    Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

    For investor and media inquiries, please contact:

    Investor Relations
    Orange Group
    Yujia Zhai
    bitdeerIR@orangegroupadvisors.com

    Public Relations
    BlocksBridge Consulting
    Nishant Sharma
    bitdeer@blocksbridge.com

    The MIL Network

  • MIL-OSI: HexyDog Launches Vision for Blockchain-Powered Payments to Support Animal Welfare

    Source: GlobeNewswire (MIL-OSI)

    LONDON, April 09, 2025 (GLOBE NEWSWIRE) — HexyDog, a next-generation blockchain project focused on real-world adoption, has unveiled its upcoming decentralized payment ecosystem tailored to the pet care industry. Designed to support seamless, secure, and low-cost payments across pet shops, grooming salons, and veterinary clinics, the platform combines Web3 technology with a social impact mission.

    Currently in its presale phase, HexyDog is building a multi-chain ecosystem powered by the HEXY token, which aims to revolutionize how pet businesses process transactions. The project enables businesses to accept crypto payments, cut high processing fees, and engage with a growing base of tech-savvy pet owners who prefer decentralized solutions.

    A Blockchain Solution for the Pet Economy

    HexyDog is more than just a meme coin—it’s a functional crypto utility tailored for the pet industry. It empowers merchants with:

    • Instant, Borderless Payments: Say goodbye to third-party delays with direct, real-time settlements.
    • Lower Transaction Fees: Reduce overhead compared to traditional credit cards and payment gateways.
    • Immutable Ledger: Built-in blockchain security ensures transactions are tamper-proof and transparent.
    • Growing Crypto Adoption: Pet brands can now connect with Web3-native consumers eager to transact in digital assets.

    Real-World Partnerships and Purpose

    HexyDog’s blockchain ecosystem isn’t just theoretical—it’s designed for practical deployment. By partnering with pet businesses, HexyDog is building pathways for HEXY token utility beyond speculation. The project’s roadmap includes smart contract integration for efficient transactions and listings on key centralized exchanges (CEX) to increase liquidity and adoption.

    The team is also developing an Ambassador Program to drive community involvement and outreach. Volunteers will be able to participate in advocacy, grassroots campaigns, and real-world animal welfare activities aligned with HexyDog’s mission.

    Supporting Animal Welfare

    Aside from its blockchain payment project, HexyDog is also extremely committed to animal welfare. 5% of the presale proceeds will be donated directly to animal welfare groups, including shelters, rescue groups, and other groups that aim to improve the lives of animals.

    Impact on Animal Welfare

    This special commitment ensures that HexyDog is about more than just financial expansion. By investing part of presale crypto capital into promoting animal welfare, HexyDog unites investors and pet lovers around a good cause they can contribute to. Through this philanthropic business model, the project will be able to make a social impact while pushing adoption within the pet care space through cryptocurrencies.

    HexyDog Appeal Among Pet Lovers and Investors

    For investors, HexyDog offers the unique opportunity to be investor of a promising crypto presale project that combines blockchain technology with a growing market within the pet care industry. As it is aimed at efficient payment, social good, and developing market, HexyDog can be an excellent investment for whoever is ready to explore opportunities crypto space provides.
    This crypto presale provides early investors with the ability to purchase HEXY tokens at a discounted price, positioning them for appreciation when the whole project is live. With crypto adoption still on the rise, HexyDog will be perfectly positioned to be one of the leaders in the blockchain industry, and as an investment, it is a sound option.

    The Future of Pet Care Payments

    HexyDog is a great candidate to revolutionize blockchain industry by integrating it into pet market . HexyDog, through its blockchain solution, will offer faster, secure, and low-cost payments for businesses and consumers alike. By devoting 5% of presale funds to animal welfare, HexyDog also ensures that the project gives back to society in a positive way.

    As the use of cryptocurrencies keeps growing, HexyDog will be a leader in the pet care industry. It is a wonderful opportunity for pet businesses and investors to be part of an innovative project that will revolutionize the future of the industry while supporting a noble cause.

    About HexyDog

    HexyDog is a blockchain-based cryptocurrency project that merges decentralized finance with real-world pet care applications. The platform enables crypto-based payments in the pet industry, supported by a strong community, partnerships, and a social mission to fund animal welfare. Learn more or join the presale at https://hexydog.com.

    More information about Hexydog presale:

    Website : https://hexydog.com   

    Twitter : https://x.com/hexydog

    Telegram : https://t.me/hexydog

    Whitepaper: https://hexydog.com/assets/HEXYWhitepaper.ChoyA6JT.pdf

    Media Contact Details:

    Company Name: Hexydog
    Company website: https://hexydog.com
    Company Email: onur@hexydog.com
    Concern Person: Onur Akin

    Disclaimer: This press release is provided by Hexydog. 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.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2cf20054-236b-4cc6-8fcc-d03e621e5183

    The MIL Network

  • MIL-OSI: XRP News: XploraDEX Hits Soft Cap as $XPL Presale Enters Final Phase, Limited Time Left Before Hard Cap

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 09, 2025 (GLOBE NEWSWIRE) — The first AI-powered decentralized exchange built on the XRP Ledger, XploraDEX, has officially achieved its soft cap fundraising goal, marking a major milestone in one of the most talked-about DeFi token sales of the year. With the $XPL Token Presale now entering its final phase, investors are racing to get in before the hard cap is reached and the sale ends.

    Momentum has exploded over the past several days as word spread about XploraDEX’s breakthrough offering: an AI-integrated trading platform that brings hedge-fund-level technology to everyday XRP traders. This is not just another DEX—XploraDEX is building intelligent infrastructure that empowers users to trade smarter, faster, and more profitably.

    JOIN $XPL PRESALE

    The $XPL token, which powers the entire protocol, is now in red-hot demand. Following the soft cap breakthrough, investor confidence has surged, with participation pouring in from both retail and whale investors. According to the development team, the remaining allocation is shrinking fast, and the opportunity to join the presale at current pricing is about to close.

    Why the Surge in Demand?

    XploraDEX is delivering what XRP’s DeFi scene has been missing: intelligent automation, adaptive AI tools, and real-time trade optimization—all running natively on XRPL. Traders can execute personalized strategies, receive predictive market insights, and engage with smart liquidity routing—all without needing coding knowledge or third-party bots.

    And it’s not just hype. XploraDEX already has working AI modules in beta, a live dashboard in development, and integrations with leading XRPL wallets. With a roadmap that includes sentiment-based trading alerts, cross-asset AI bots, and advanced staking mechanics, it’s easy to see why the smart money is moving quickly.

    PARTICIPATE IN $XPL PRESALE

    $XPL Powers Everything

    Holding $XPL Token unlocks the platform’s most valuable features—from AI-based trading dashboards to staking rewards, fee discounts, and governance access. Early buyers in the presale phase also gain early access to unreleased tools and higher-yield staking tiers, giving them a first-mover advantage as adoption grows.

    With the $XPL soft cap now in the rearview mirror, XploraDEX is laser-focused on closing out the presale by hitting its hard cap. Once that happens, the token will be officially listed on major XRPL-based DEXs, and the next phase of platform rollouts will begin.

    Buy $XPL Tokens Now: https://sale.xploradex.io

    Limited Time! Limited Allocation!

    With only a small percentage of $XPL left in the presale round, the window to get in early is closing by the hour. This is the final chance for investors to lock in their allocations before the price jumps and listings go live.

    If you’ve been watching from the sidelines, now is the moment to act. The combination of smart tech, real progress, and early-stage access is rare—and with XploraDEX, it’s all happening on the fastest, most scalable chain in DeFi.

    Join the $XPL Presale Before It Ends: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e24544e8-e5df-4ab4-aced-fccc3e5c8601

    The MIL Network