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Category: GlobeNewswire

  • MIL-OSI: SSCP Lager BidCo AB (publ) successfully issues subsequent notes of SEK 200 million

    Source: GlobeNewswire (MIL-OSI)

    SSCP Lager BidCo AB (publ) (“Logent” or the “Company”) has successfully issued subsequent senior secured floating rate notes in an amount of SEK 200,000,000 under the terms and conditions of the Company’s outstanding notes loan 2023/2026 with ISIN SE0021021193 (the “Subsequent Notes”). The order book was significantly oversubscribed, and the Subsequent Notes were issued to 102 per cent. of nominal amount.

    The Subsequent Notes carry a floating interest rate of 3m Stibor + 625 basis points and will mature in December 2026. Logent intends to apply for admission to trading of the Subsequent Notes on the corporate bond list of Nasdaq Stockholm.

    The net proceeds from the issuance of the Subsequent Notes will be applied towards consummation of the acquisition of the Finnish entity HUB logistics Finland Oy, financing transaction costs and general corporate purposes. Following the issuance of the Subsequent Notes, the aggregate outstanding nominal amount under the notes loan is SEK 1,050 million.

    The Company has mandated Nordea Bank Abp and Pareto Securities AS as Joint Bookrunners in connection with the issuance of the Subsequent Notes. Snellman Advokatbyrå AB has acted as legal advisor to the Company and Gernandt & Danielsson Advokatbyrå KB has acted as legal advisor to the Joint Bookrunners.

    For further information, please contact:

    Joel Engström, CEO, telephone number: +46 734 36 36 29, joel.engstrom@logent.se

    About Logent Group
    Logent is an independent logistics partner, with a Nordic base present in Northern Europe and global networks. We have a wide range of services and create value for our customers through guaranteed cost and quality improvements. Our service offer include Logistics Services such as Warehouse design and operations, Transport Management and Customs, Port and Terminal operations, Staffing Services and Consulting Services. This means that Logent has grown to a turnover of about SEK 2.4 billion from the start in 2006 and employs approximately 2,800 people in Northern Europe.

    Attachment

    The MIL Network –

  • MIL-OSI: The Government of Barbados Announces an Offer to Purchase for Cash its 6.500% Notes due 2029

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

    BRIDGETOWN, Barbados, June 13, 2025 (GLOBE NEWSWIRE) — The Government of Barbados (the “Offeror”) announces that it has today launched an offer (the “Offer”) to holders (the “Noteholders”) of any and all of its outstanding U.S.$407,642,670 6.500% Notes due 2029 (the “Notes”) to purchase any and all of such Notes for cash on the terms and subject to the satisfaction of the New Financing Condition (as defined below) and the other conditions set forth in the tender offer memorandum dated 13 June 2025 (the “Tender Offer Memorandum”).

    Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

    All documentation relating to the Offer including the Tender Offer Memorandum and any amendments or supplements thereto will be available to Noteholders via the website for the Offer accessible at: www.dfking.com/barbados. The Offer is subject to offer and distribution restrictions in, among other countries, the United Kingdom, Italy, Belgium and France, as described below.

    Summary of the Offer

    Description of Notes Outstanding Principal
    Amount as of the Date
    Hereof and subject to the Offer    		 ISINs / CUSIP No. Purchase Price(1)
    6.500% Notes due 2029 U.S.$407,642,670 Rule 144A Notes:
    US067070AH54 / 067070 AH5

    Regulation S Notes:
    USP48864AQ80 / P48864 AQ8

    		 U.S.$1,000

     

    (1) Offered as Purchase Price per each U.S.$1,000 principal amount of Notes validly tendered at or prior to the Expiration Deadline (as defined below) and accepted for purchase. The Purchase Price does not include Accrued Interest (as defined below). On 26 June 2025 (subject to the right of the Offeror, at its sole discretion, to extend, re-open, amend and/or terminate the Offer) (the “Settlement Date”), Noteholders will also receive Accrued Interest on all Notes validly tendered and accepted for purchase.
       

    Rationale for the Offer

    The Offeror is making the Offer (subject to the New Financing Condition (as defined below)) in connection with the Offeror’s broader debt management strategy to refinance short-dated debt with longer-dated debt.

    All Notes purchased by the Offeror pursuant to the Offer will be cancelled and will not be re-issued or re-sold.

    Tender Offer Consideration

    The Offeror will, on the Settlement Date, pay for the Notes validly tendered and not validly withdrawn at or before the Expiration Deadline pursuant to the Offer and accepted for purchase pursuant to the Offer a cash amount (rounded to the nearest U.S.$0.01) equal to the sum of (i) the Purchase Price for such Notes, as set forth in the table above; and (ii) interest accrued and unpaid on the Notes from (and including) the interest payment date for such Notes immediately preceding the Settlement Date to (but excluding) the Settlement Date in respect of such Notes (the “Accrued Interest” and the payment thereof, the “Accrued Interest Payment”).

    The Offeror will calculate any Accrued Interest with respect to the Notes accepted for purchase in accordance with the terms and conditions of the Notes, and the calculation will be final and binding on all Noteholders whose Notes were accepted for purchase, absent manifest error.

    The Offeror reserves the right, in its sole and absolute discretion, to modify in any manner and at any time any of the terms and conditions of the Offer.

    New Financing Condition

    Whether the Offeror will accept for purchase any Notes validly tendered in the Offer is subject to (unless such condition is waived by the Offeror in its sole and absolute discretion), among other things, the prior closing of the issuance by the Offeror of one or more series of debt securities (the “New Notes”) in the international capital markets (the “New Notes Offering”) in an aggregate principal amount, and at a price and on terms and conditions acceptable to the Offeror in its sole and absolute discretion, a portion of the net proceeds of which will be used by the Offeror to purchase any Notes tendered and accepted pursuant to the Offer (the “New Financing Condition”).

    The New Notes Offering will be made solely by means of an offering memorandum relating to the New Notes Offering (the “New Notes Offering Memorandum”), and this announcement and the Tender Offer Memorandum do not constitute an offer to sell or the solicitation of an offer to buy the New Notes. You may not participate in the New Notes Offering unless you have received and reviewed the New Notes Offering Memorandum, and not in reliance on, or on the basis of, this announcement or the Tender Offer Memorandum. The New Notes will be offered only to qualified institutional buyers in the United States in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act, and will not be registered under the Securities Act or the securities laws of any other jurisdiction.

    Even if the New Financing Condition is satisfied, the Offeror is not under any obligation to accept for purchase any Notes tendered pursuant to the Offer.

    In order to be valid, Tender Instructions must be submitted in respect of a minimum nominal amount of U.S.$100 and in integral multiples of U.S.$100 in excess thereof (the “Minimum Denomination”). Noteholders who do not tender all of their Notes must ensure that they retain a principal amount of Notes amounting to at least the Minimum Denomination.

    Expected Timetable of Events

    The times and dates below are indicative only.

    Date Events
    13 June 2025 Commencement of the Offer

    Offer announced. Tender Offer Memorandum available from the Information and Tender Agent.
       
    20 June 2025, 5 p.m. (New York Time) Expiration Deadline

    Deadline for receipt by the Information and Tender Agent of all Tender Instructions in order for Noteholders to be able to participate in the Offer and to be eligible to receive the Purchase Price and Accrued Interest Payment on the Settlement Date.
       
    As soon as reasonably practicable on or after the Expiration Deadline and expected to be 23 June 2025 Announcement of Results

    Offeror’s announcement of the amount of Notes validly tendered pursuant to the Offer.
       
    Promptly after the New Financing Condition has been met or waived Announcement of Notes accepted for purchase

    The Offeror will announce, promptly after the New Financing Condition has been met or waived, (i) the aggregate principal amount of Notes validly tendered that will be accepted for purchase, and (ii) the aggregate principal amount of Notes remaining outstanding following the completion of the Offer. See “Terms and Conditions of the Offer –Announcements” in the Tender Offer Memorandum.
       
    26 June 2025 (but subject to change without notice) Settlement

    Expected Settlement Date for the Offer. Payment of Purchase Price and Accrued Interest Payment in respect of the Offer. All Notes purchased pursuant to the Offer will be cancelled on the Settlement Date and will no longer be outstanding.
       

    The above times and dates are subject to the right of the Offeror to extend, re-open, amend, waive any condition of and/or terminate the Offer at any time (subject to applicable law and as provided in the Tender Offer Memorandum). Noteholders are advised to check with any bank, securities broker or other intermediary through which they hold Notes when such intermediary would need to receive instructions from a Noteholder in order for that Noteholder to be able to participate in, or (in the limited circumstances in which revocation is permitted) revoke their instruction to participate in, the Offer before the deadlines specified in the Tender Offer Memorandum. The deadlines set by any such intermediary and each Clearing System for the submission of Tender Instructions will be earlier than the relevant deadlines specified above. See “Procedures for Participating in the Offer” in the Tender Offer Memorandum.

    Announcements

    Unless stated otherwise, announcements in connection with the Offer will be by the issue of a press release through the Luxembourg Stock Exchange and by the delivery of notices to the relevant Clearing Systems for communication to Direct Participants. Such announcements may also be made by the issue of a press release to a Notifying News Service. Copies of all such announcements, press releases and notices and will be available on the Offer Website or alternatively they can also be obtained upon request from the Information and Tender Agent, the contact details for which are below. Significant delays may be experienced where notices are delivered to the Clearing Systems and Noteholders are urged to contact the Information and Tender Agent for the relevant announcements during the course of the Offer. In addition, Noteholders may contact the Dealer Managers for information using the contact details below.

    Tender Instructions

    In order to participate in and be eligible to receive the relevant Purchase Price and any Accrued Interest Payment pursuant to the Offer, Noteholders must validly tender their Notes by delivering, or arranging to have delivered on their behalf, a valid Tender Instruction in respect of the Offer that is received by the Information and Tender Agent by 5.00 p.m. New York City time on 20 June 2025 (the “Expiration Deadline”).

    Tender Instructions will be irrevocable except in the limited circumstances described in the Tender Offer Memorandum.

    Noteholders are advised to check with any bank, securities broker or other intermediary through which they hold Notes when such intermediary would need to receive instructions from a Noteholder in order for that Noteholder to be able to participate in, or (in the limited circumstances in which revocation is permitted) revoke their instruction to participate in, the Offer by the deadlines specified in the Tender Offer Memorandum. The deadlines set by any such intermediary and each Clearing System for the submission of Tender Instructions will be earlier than the relevant deadlines specified in the Tender Offer Memorandum.

    Tender Instructions must be submitted in respect of a nominal amount of Notes equal to or greater than the Minimum Denomination.

    A separate Tender Instruction must be completed on behalf of each beneficial owner.

    Disclaimer

    This announcement does not contain the full terms and conditions of the Offer. The terms and conditions of the Offer are contained in the Tender Offer Memorandum, and are subject to the Offer and distribution restrictions set out below and more fully described therein.

    Further information

    J.P. Morgan Securities LLC and Standard Chartered Bank have been appointed by the Offeror to serve as dealer managers (the “Dealer Managers”) for the Offer. D.F. King (the “Information and Tender Agent”) has been appointed by the Offeror to act as the information and tender agent in connection with the Offer.

    For additional information regarding the terms of the Offer, please contact J.P. Morgan Securities LLC by telephone at (866) 846-2874; Collect: (212) 834-7279 and Standard Chartered Bank by telephone at (212) 667-0351 (U.S.) or +44 20 7885 5739 (U.K.) and by email at liability_management@sc.com.

    Requests for documents and questions regarding the tender of Notes may be directed to the Information and Tender Agent D.F. King & Co., Inc. via:

    Banks & Brokers Call: (212) 269-5550

    Toll free: (866) 342-4881

    Email: barbados@dfking.com

    The Tender Offer Memorandum is expected to be distributed to Noteholders beginning today. A copy of the Tender Offer Memorandum is available on the tender offer website accessible at www.dfking.com/barbados.

    No Recommendation

    The relevant Purchase Price, if paid by the Offeror with respect to the Notes of any series accepted for purchase, will not necessarily reflect the actual value of such Notes. Noteholders should independently analyse the value of the Notes and make an independent assessment of the terms of the Offer. None of the Offeror, the Dealer Managers or the Information and Tender Agent has or will express any opinion as to whether the terms of the Offer are fair. None of the Offeror, the Dealer Managers or the Information and Tender Agent makes any recommendation that Noteholders should submit an offer to sell or tender Notes or refrain from doing so pursuant to the Offer, and no one has been authorised by any of them to make any such recommendation.

    Offer and Distribution Restrictions

    Neither this announcement nor the Tender Offer Memorandum constitutes an offer to participate in the Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or for there to be such participation under applicable securities laws. The distribution of the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession the Tender Offer Memorandum comes are required by the Offeror, the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions

    Nothing in this announcement or the Tender Offer Memorandum or the electronic transmission thereof constitutes an offer to sell or the solicitation of an offer to buy the New Notes in the United States or any other jurisdiction.

    In addition, each Noteholder participating in an Offer will also be deemed to give certain representations in respect of the other jurisdictions referred to above and generally as set out in “Procedures for Participating in the Offer” of the Tender Offer Memorandum. Any tender of Notes for purchase pursuant to an Offer from a Noteholder that is unable to make these representations will not be accepted. Each of the Offeror, the Dealer Managers and the Information and Tender Agent reserves the right, in its absolute discretion, to investigate, in relation to any tender of Notes for purchase pursuant to an Offer, whether any such representation given by a Noteholder is correct and, if such investigation is undertaken and as a result the Offeror determines (for any reason) that such representation is not correct, such tender shall not be accepted. The acceptance of any tender shall not be deemed to be a representation or a warranty by any of the Offeror, the Dealer Manager or the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates that it has undertaken any such investigation and/or that any such representation to any person underwriting any such Notes is correct.

    United Kingdom

    The communication of the Tender Offer Memorandum and any other documents or materials relating to the Offer are not being made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended (the “FSMA”). Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may be communicated to (1) those persons who are existing creditors of the Offeror within Article 43(2) of the FSMA (Financial Promotion) Order 2005, as amended, and (2) to any other persons to whom these documents and/or materials may lawfully be communicated.

    Belgium

    Neither the Tender Offer Memorandum nor any other documents or materials relating to the Offer have been, or will be, submitted to or notified to, or approved by, the Belgian Financial Services and Markets Authority (Autorité des services et marchés financiers/Autoriteit voor Financiële Diensten en Markten) and, accordingly, the Offer may not be made in Belgium by way of a public offering, as defined in Article 3 of the Belgian Law of 1 April 2007 on takeover bids (loi relative aux offres publiques d’acquisition/wet op de openbare overnamebiedingen), as amended or replaced from time to time.

    Accordingly, the Offer may not be, and are not being advertised, and the Tender Offer Memorandum, as well as any brochure, or any other material or document relating thereto (including any memorandum, information circular, brochure or any similar document) may not, have not and will not be distributed, directly or indirectly, to any person located and/or resident within Belgium, other than those who qualify as qualified investors (investisseurs qualifiés/qekwalificeerde beleggers), within the meaning of Article 2, e), of the Prospectus Regulation acting on their own account. Accordingly, the information contained in the Tender Offer Memorandum or in any brochure or any other document or material relating thereto may not be used for any other purpose, including for any offering in Belgium, except as may otherwise be permitted by law, and shall not be disclosed or distributed to any other person in Belgium.

    France

    The Tender Offer Memorandum and any other documents or materials relating to the Offer are only addressed to and are only directed at qualified investors within the meaning of the Prospectus Regulation in France. Each person in France who receives any communication in respect of the Offer contemplated in the Tender Offer Memorandum and any other documents or materials relating to the Offer will be deemed to have represented, warranted and agreed to and with the Dealer Managers and the Offeror that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation.

    European Economic Area

    In any European Economic Area (“EEA”) Member State, this announcement and the Tender Offer Memorandum are only addressed to, and are only directed at, “qualified investors” (as defined in Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the “Prospectus Regulation”)) in that Member State.

    Each person in a Member State of the EEA who receives any communication in respect of the Offer contemplated in this announcement and the Tender Offer Memorandum will be deemed to have represented, warranted and agreed to and with each Dealer Manager and the Offeror that it is a qualified investor within the meaning of the Prospectus Regulation.

    The MIL Network –

  • MIL-OSI: Kvika banki hf: Kvika’s Board responds to merger proposals

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to announcements from Kvika banki hf. (“Kvika” or “the Bank”) dated 27 and 28 May, stating that Arion banki hf. and Íslandsbanki hf. had each expressed interest in initiating merger discussions with Kvika.

    Following due consideration, the Board of Kvika has concluded that the proposals received from Arion banki hf. and Íslandsbanki hf. on 27 and 28 May do not reflect the intrinsic value of Kvika. The Board therefore does not believe that entering into merger discussion based on these proposals is in the best interest of the bank.

    Nonetheless, the Board of Kvika is of the opinion that significant opportunities and value could be realised through a potential combination of businesses, to the benefit of both shareholders and customers. Should the interested parties be willing to improve their proposals, the Board is open to revaluate its decision. Arion banki hf. and Íslandsbanki hf. have been notified accordingly.

    Please note that this notice is a disclosure of inside information per article 7 of regulation (EU) No 596/2014 on market abuse (“MAR”), which is implemented into Icelandic law with the act on measures against market abuse No 60/2021.

    The MIL Network –

  • MIL-OSI: Painted Brick Digital Joins ALS Arizona’s Bite Nite as Supporting Sponsor

    Source: GlobeNewswire (MIL-OSI)

    Phoenix, AZ , June 13, 2025 (GLOBE NEWSWIRE) — Painted Brick Digital, a results-driven Phoenix SEO Agency, proudly participated as a supporting sponsor of ALS Arizona’s annual Bite Nite Gala, held on Saturday, June 7, 2025, at Chateau Luxe in North Phoenix. The event shattered previous records, raising over $550,000 to support Arizonans living with ALS.

    ALS Bite Night Theme “Boots & Bites”

    As a local Phoenix Marketing Agency, Painted Brick Digital purchased a sponsorship table and invited community members who contributed additional donations during the evening’s festivities. Guests enjoyed tastings from some of the Valley’s top chefs, a silent auction, and powerful stories from those affected by ALS.

    “It was an honor to be part of the 2025 ALS Bite Nite,” said Adam Truszkowski, founder of Painted Brick Digital. “A truly meaningful cause that helps those in our community who have been affected by this terrible disease, regardless of their background. Though many continue to fight and show that ALS hasn’t broken them, their resilience is nothing short of awe-inspiring.”

    Bite Nite is one of ALS Arizona’s signature fundraising events, and this year’s record-breaking total reflects the strength of the community’s support. Painted Brick Digital’s involvement is part of the agency’s broader commitment to giving back locally, while continuing to help small businesses and eCommerce brands grow nationally through SEO, digital advertising, and conversion-focused marketing strategies.

    For more on Painted Brick Digital’s digital marketing and SEO services, visit Paintedbrickdigital.com.
    To learn more about ALS Arizona or contribute to their mission, visit ALSAZ.org.

    A look from our table.

    About Painted Brick Digital

    **PBD – Award-Winning Scottsdale Marketing Agency** At Painted Brick Digital, we specialize in crafting bespoke digital marketing strategies that drive results. Our award-winning team in Scottsdale excels in SEO, website development, media buying, and more. We blend creativity with data-driven insights to help businesses grow and thrive in the digital landscape. Discover the Painted Brick Digital difference and elevate your brand to new heights.

    Press inquiries

    Painted Brick Digital
    https://paintedbrickdigital.com/
    Adam Truszkowski
    paintedbrickdigital@gmail.com

    The MIL Network –

  • MIL-OSI: Nimanode Presale Skyrockets Past 15% Softcap Target, Set to Give Early Participants First Mover Edge

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 13, 2025 (GLOBE NEWSWIRE) — The highly anticipated Nimanode (NMA) Presale has so far surpassed expectations, rapidly filling 15% of its softcap which has fuelled intense investor FOMO.

    Nimanode, coined the “first no-code AI agent platform built natively on the XRP Ledger”, presents a no-brainer opportunity to what is poised to be the next evolution of DeFi on XRP.

    Analysts have predicted $NMA could deliver high returns as we prepare for an alt season once it debuts on major decentralized exchanges (DEXs).

    Join $NMA Presale

    Nimanode’s NMA Token Sale Surges as Investor Demands Intensifies

    FOMO is already building up as the Nimanode Presale momentum indicates strong confidence from early investors citing a belief in the project.

    Early participants have already scooped up 15% of the initial presale softcap allocation, signaling growing market interest and early momentum.

    Demand for the NMA token has also surged as tokens are set to be listed at an upward 25% price from presale prices at top XRPL exchanges like Magnetic, so instant returns for early investors are expected.

    Such attractive pricing is resonating deeply with investors who missed out on XRP’s early growth stages.

    Pioneering the AI x Blochchain Wave on XRP Ledger

    Nimanode positions itself as a first-of-its-kind AI-powered infrastructure and agent economy, purpose-built on the XRP Ledger. By aligning with the renewed momentum surrounding XRP’s ecosystem, Nimanode aims to harness both the network’s technical evolution and the community’s growing excitement.

    Though independent from Ripple’s official roadmap, Nimanode leverages XRP Ledger’s speed, low fees, and increasing developer adoption to help reignite the bullish energy seen in previous cycles.

    To put it in perspective, XRP once saw an explosive 137,000% surge during the 2017–2018 bull market. Now, as the XRP ecosystem rebounds—with the token retracing back to $2.20—Nimanode’s emergence offers a timely opportunity to capture investor interest around intelligent automation, agent-powered DeFi, and tokenized real-world utilities built directly on XRPL.

    Buy $NMA

    Reimagining the Future of Work Through AI Agents, A Core Value

    Nimanode isn’t just riding the wave of XRP’s momentum, it introduces a suite of pioneering features designed to fuel long-term growth and ecosystem resilience. It is working to be a part of the future of work.

    Zero-Code Agent Builder: Create and launch AI agents through an intuitive drag-and-drop interface
    Autonomous On-Chain Agents: Agents can interact with dApps, execute logic, and respond to events
    Decentralized Agent Marketplace: Allows the community to deploy and monetize AI Agents
    Cross-Chain & Off-Chain Integration: Enable automation across multiple networks and external APIs

    Time to Move: Nimanode Presale Gaining Momentum

    With early interest accelerating and a powerful utility-driven token model, investor excitement around Nimanode is building fast. As more participants secure their share of $NMA, the window for getting in at the most favorable entry point is narrowing quickly.

    Don’t miss out! Head to the Nimanode Presale Page now and claim your $NMA tokens before this early opportunity slips away! Participation details are easy and can be clearly seen on their page.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f1cb75d-6cd8-4a9e-a31a-f1757087a2e8

    The MIL Network –

  • MIL-OSI: LambdaTest and Compunnel Partner to Accelerate AI-Native Software Testing for Enterprises

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, June 13, 2025 (GLOBE NEWSWIRE) — LambdaTest, a unified agentic AI and cloud engineering platform, has announced a strategic partnership with Compunnel, a leading digital and talent transformation solutions provider, to help enterprises modernize and scale their software testing with advanced AI-native automation.

    In today’s fast-paced digital landscape, businesses are under constant pressure to deliver high-quality applications quickly and reliably. This partnership combines Compunnel’s deep-rooted digital engineering capabilities with LambdaTest’s AI-native automation suite to streamline testing, reduce manual overhead, and accelerate go-to-market timelines.

    “AI is rapidly reshaping how modern software is tested,” said Sudhir Joshi, VP – Alliances and Channels at LambdaTest. “By teaming up with Compunnel, we’re extending the reach of our AI-native testing platform to more enterprises looking to innovate faster and more efficiently.”

    Through this collaboration, organizations will gain access to intelligent automation tools that cover the full testing lifecycle – from smart test generation and self-healing execution to predictive test coverage and real-time analytics. This would result in faster releases, improved product quality, and greater operational efficiency at scale for enterprises.

    “At Compunnel, we’re excited to bring our digital engineering expertise to this partnership with LambdaTest. By combining our strengths, we aim to help enterprises unlock the full potential of AI-native test automation and drive faster, smarter software delivery.”, says Nishant Sachdeva, Vice President – Digital Sales and Strategy

    Together, LambdaTest and Compunnel are making next-generation test automation more accessible, helping businesses deliver better software, faster, and with greater confidence.

    About LambdaTest
    LambdaTest is an AI-native, omnichannel software quality platform that empowers businesses to accelerate time to market through intelligent, cloud-based test authoring, orchestration, and execution. With over 15,000 customers and 2.3 million+ users across 130+ countries, LambdaTest is the trusted choice for modern software testing.

    ● Browser & App Testing Cloud: Enables manual and automated testing of web and mobile apps across 10,000+ browsers, real devices, and OS environments, ensuring cross-platform consistency.

    ● HyperExecute: An AI-native test execution and orchestration cloud that runs tests up to 70% faster than traditional grids, offering smart test distribution, automatic retries, real-time logs, and seamless CI/CD integration.

    ● KaneAI: The world’s first GenAI-native testing agent, leveraging LLMs for effortless test creation, intelligent automation, and self-evolving test execution. It integrates directly with Jira, Slack, GitHub, and other DevOps tools.

    For more information, please visit https://lambdatest.com

    About Compunnel
    Compunnel is a digital native technology company that helps businesses gain a competitive edge. The company prides itself on being digital natives with deep-rooted empathy who leverage technology to maximize the impact of human expertise. For over 30 years, some of the world’s leading organizations ranging from Fortune businesses to mid-market companies, have trusted our abilities to gain a competitive edge in their respective domains.

    For more information, please visit https://www.compunnel.com

    The MIL Network –

  • MIL-OSI: Blue Square X Announces Inaugural Visionary Partner Awards Honoring 2024’s Most Immersive Projects and Collaborators

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., June 13, 2025 (GLOBE NEWSWIRE) — On the final day of InfoComm 2025, Blue Square X, a leader in immersive visual experiences and digital display innovation, proudly announced the recipients of its first annual Visionary Partner Awards, honoring standout partners and projects from 2024 that embody excellence, creativity, and forward-thinking collaboration.

    The Blue Square X Visionary Partner Awards recognize individuals and organizations who brought bold ideas to life through immersive storytelling, cutting-edge display technology, and architectural integration.

    “These partners don’t just deliver projects—they shape what’s next,” said Chanan Averbuch, Director of Innovation at Blue Square X. “We’re honored to collaborate with visionaries who continually challenge the status quo and help us turn ambitious concepts into unforgettable experiences.”

    2024 Visionary Partner Award Winners:

    • Art Gallery Partner of the Year: Lehmann Maupin in collaboration with artist Jennifer Steinkamp
    • Southeast AV Partner of the Year: Acoustic Architects + Faena Residences
    • Museum Partner of the Year: Toledo Museum of Art
    • West Coast AV Partner of the Year: 5 North Media / RIDA for Gaylord Pacific Resort and Convention Center, Chula Vista
    • Manufacturing Partner of the Year: Chief Legrand for advancing the next generation of seamless LED walls
    • Northeast AV Partner of the Year: Elyon Systems
    • Real Estate Project of the Year: Pagani Residences, North Bay Village
    • Emerging AV Partner of the Year: AVI Systems Forte – Houston Office, Biggio’s
    • Sports Project of the Year: New York Yankees Press Conference Integration

    From art galleries to stadiums, real estate showrooms to world-class museums, each honoree helped redefine what’s possible when technology, design, and storytelling converge.

    “We launched these awards to spotlight the creativity, precision, and partnership that fuels our work,” said Shari Sentlowitz, Director of Communications and Marketing at Blue Square X. “Our success depends on those who dare to innovate with us—and this year’s winners set the bar high.”

    As Blue Square X continues to grow across verticals including luxury real estate, art, retail, hospitality, and cultural institutions, the company remains committed to recognizing the partners who turn ambition into action—and light into experience.

    The Blue Square X Visionary Partner Awards will return in 2025 with expanded categories to honor even more of the AV and design professionals pushing boundaries in immersive technology.

    About Blue Square X

    Blue Square X is a digital experience innovation company that transforms imagination into reality by fusing powerful storytelling, art, cutting-edge technology, and architecture. With operations in New York and Miami, they specialize in crafting captivating and immersive visual experiences across a wide range of industries. Blue Square X’s focus on cutting-edge technology and innovation drives business growth and enhances customer experiences.

    Stay up to date with Blue Square X on LinkedIn, Instagram, Facebook, X, and Youtube

    Media Contacts:
    Shari Sentlowitz
    Director of Communications and Marketing
    Blue Square X
    201-951-2734
    Shari@bluesqx.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5d7b4ab3-c5e5-4a9f-abb6-3bc58b462cd7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/05939532-88df-4719-965b-c452d5a3ba7f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0bfd212c-9c3f-4fd0-bfc1-cca99a1bbd95

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d6467915-6132-45bd-abb3-c38f7d153723

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d57cda84-f316-4aca-9527-773e2d793711

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d42d3fe-2921-430f-b4e0-875d96c791a8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4b1ae93-7df8-421c-a95e-285b7d184cf4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/60de53f0-ee44-49a7-84e4-aea98f65d7e3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7883a463-3777-4024-892d-d29d2ae3b7c5

    The MIL Network –

  • MIL-OSI: Alectra releases 2024 ESG and GRE&T Centre reports highlighting commitment to sustainability, community support and grid modernization

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, June 13, 2025 (GLOBE NEWSWIRE) — Alectra Inc. presents its 2024 Annual Environmental, Social and Governance (ESG) Report, ‘Discover the Possibilities’, showcasing significant progress toward its long-term sustainability goals while continuing to deliver reliable, affordable energy services to more than one million homes and businesses across Ontario.

    The report outlines how Alectra is investing in modernizing its electricity grid to meet growing demand, reduce greenhouse gas emissions, and build stronger communities through targeted social investments.

    Alongside the ESG report, Alectra also released the 2024 Green Energy & Technology (GRE&T) Centre Report, ‘Where Great Minds Collaborate to Power a Better Tomorrow’. The report highlights progress in advancing grid-edge technologies, supporting innovation, and building strategic partnerships to shape a more sustainable future.

    “At Alectra, we recognize our responsibility goes beyond powering homes and businesses,” said Brian Bentz, President and Chief Executive Officer, Alectra Inc. “Our 2024 ESG and GRE&T Centre reports demonstrate how we’re advancing sustainability, strengthening our communities, and creating long-term value for the customers and municipalities we proudly serve.”

    Some key achievements highlighted by Alectra in the ESG report include:

    • Achieving a 21.1 per cent reduction in greenhouse gas emissions compared to 2023.
    • Allocated $1.39 million through the AlectraCARES Community Support Program, supporting over 150 local health, housing and food security initiatives.
    • Invested $460 million in grid renewal and replacement projects to modernize the electricity grid.
    • Expanded People Deal initiative by investing $191,000 to support organizations promoting equality and inclusion.
    • Recognized as a Corporate Knights Canada’s Best 50 Corporate Citizens – ranked first in Canada in the electricity transmission and distribution sector and eighth overall.
    • Earned the PRISM Certified designation from Imagine Canada for continued leadership in community investment.
    • Recognized as a Greater Toronto Area Top Employer for the fifth consecutive year.

    View Alectra’s 2024 Annual ESG Report here, and 2024 Consolidated Financial Statements here, and Management Discussion and Analysis (MD&A) here, and see the GRE&T Centre Report here. 

    About Alectra Inc. Family of Companies

    Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.

    Media Contact:

    Ashley Trgachef, Media Spokesperson
    ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIA-LN

    The MIL Network –

  • MIL-OSI: Small Capital, Big Profits – Double Your Deposit, 100x Leverage, No KYC on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 13, 2025 (GLOBE NEWSWIRE) — As Bitcoin recently broke the $100,000 barrier and established a solid position above it, many analysts are confirming that the long-awaited crypto bull market has officially returned. With heightened market volatility on the horizon, savvy investors are seeking the best tools to maximize their profits. BexBack, a leading crypto futures platform, is stepping up to the challenge by offering 100x leverage, no KYC, and a 100% deposit bonus to help traders make the most of this bullish market phase.

    How Can Smaller Capital Lead to Larger Profits? The Power of 100x Leverage

    In a volatile market like this, where every price movement counts, 100x leverage allows you to amplify your potential profits exponentially with a relatively small amount of capital. Here’s how it works:

    • Maximized Trading Power: Leverage allows you to open positions much larger than your initial deposit. For example, with 1 BTC at $100,000 and 100x leverage, you can control 100 BTC.
    • Small Price Movements, Big Profits: If Bitcoin moves from $100,000 to $110,000, a 100x leveraged position could yield a 1000% return, turning a small change in price into a significant profit.
    • Low Capital, High Return: Whether you’re new to trading or a seasoned investor, leverage gives you the ability to control much larger positions, amplifying your potential gains, all with a smaller initial deposit.

    However, with leverage comes responsibility. While high leverage can lead to impressive returns, it also magnifies risks, so it’s important to manage positions carefully.

    What Is the Double Deposit Bonus and How Does It Work?

    To further enhance trading opportunities, BexBack is offering a 100% deposit bonus to all users. This means if you deposit funds into your BexBack account, you’ll receive an additional bonus of equal value to your deposit.

    For example, if you deposit 2 BTC, you will receive an additional 2 BTC as a bonus, effectively doubling your available trading funds. While the bonus itself cannot be withdrawn directly, it can be used as margin, allowing you to control larger positions and making liquidation more difficult. Moreover, any profits earned from trading with the bonus can be fully withdrawn.

    The bonus acts as an extra margin, helping you manage trades in a volatile market. It’s an excellent way to start trading with more capital, increasing your chances of success without taking on more risk than you’re comfortable with.

    Why Choose BexBack for Crypto Futures Trading?

    BexBack stands out for several reasons that make it an ideal platform for crypto futures trading:

    • 100x Leverage: Maximize your potential profits with up to 100x leverage, a powerful tool to amplify your trading capital.
    • No KYC: Enjoy the freedom of trading without identity verification, keeping your privacy intact and making registration quick and easy.
    • Zero Slippage and Spread: BexBack offers zero spread, meaning you get the best price execution for your trades, without slippage.
    • Global Access and 24/7 Support: BexBack is available to users in various countries, including the US, Canada, and Europe, offering round-the-clock support.
    • Demo Account: A great feature for beginners, BexBack offers a demo account with virtual funds, allowing new users to practice risk-free trading.
    • Lucrative Affiliate Program: Earn up to 50% in commissions by referring new users to the platform.
    • High Liquidity: BexBack ensures a seamless trading experience with high liquidity across all major trading pairs.

    About BexBack

    Founded in Singapore, BexBack is a cutting-edge cryptocurrency derivatives platform offering futures contracts on over 50 digital assets, including Bitcoin, Ethereum, Solana, Cardano, and XRP. BexBack is licensed under the US MSB (Money Services Business) regulations and is trusted by more than 500,000 global traders. With no deposit fees, no KYC, and a user-friendly interface, BexBack is designed to offer traders flexibility, security, and a seamless trading experience.

    Take Action Now—Don’t Miss the Opportunity to Maximize Your Crypto Profits

    The crypto bull market is in full force, and BexBack is here to help you capture every opportunity. With 100x leverage, a 100% deposit bonus, and no KYC, there has never been a better time to trade.

    Sign up now on BexBack and claim your exclusive bonus to start trading today! Seize the potential of this bull market and enjoy faster wealth accumulation with BexBack’s cutting-edge trading tools.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1900eecf-82b0-4cd7-9ad8-4180542964cf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0867c8a1-32a4-4d9a-a4ce-2331bae08c1c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5f768d99-598f-4aa4-9ff5-7700f8d4bab5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/71de9978-b167-44a8-abf9-db40d52902c3

    The MIL Network –

  • MIL-OSI: MEXC Launches Golden Era Showdown Mid-Year Trading Event with a 10 Million USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 13, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced the launch of its most ambitious mid-year trading event, the Golden Era Showdown. The three-week event offers participants the opportunity to win from a prize pool worth up to 10 million USDT, including real gold bars and Bitcoin rewards.

    Golden Era Showdown: Multiple Ways to Win Big

    The Golden Era Showdown features a dynamic prize pool structure where increased participation directly benefits all traders. The more participants who join, the bigger the prize pool grows across six exciting tiers, with early participation helping unlock maximum rewards for everyone involved. Participation is free and requires logging into MEXC, clicking the “Register Now” button on the event page, then accumulating valid futures trading volume to earn scratch-offs, spins, and lottery tickets.

    Event Timeline

    Early Bird Registration: June 13, 2025, 16:00 (UTC) – June 17, 2025, 15:55 (UTC)
    Official Registration: June 13, 2025, 16:00 (UTC) – July 4, 2025, 08:00 (UTC)
    Main Event: June 13, 2025, 16:00 (UTC) – July 4, 2025, 08:00 (UTC)
    Lucky Draw: June 13, 2025, 16:00 (UTC) – July 5, 2025, 08:00 (UTC)

    Early Bird Rewards

    The first 2,000 users who register during Early Bird and complete at least 50,000 USDT in futures trading volume will share 40,000 USDT in trading fee vouchers on a first-come, first-served basis.

    Daily Scratch-Off: Guaranteed Wins from 60% of the Grand Prize Pool

    Every 50,000 USDT in daily futures trading volume earns one scratch-off card, with a maximum of five cards daily. Cards offer futures bonuses up to 2,025 USDT from 60% of the grand prize pool and can be saved until the lucky draw period ends.

    Weekly Spin Wheel: Guaranteed Wins from 25% of the Grand Prize Pool

    Each 2 million USDT in weekly futures trading volume grants one spin chance, with up to five spins weekly. This system distributes 25% of the grand prize pool through random bonuses while supplies last, with spin chances saveable until the draw period concludes.

    Ultimate Lottery: Gold Bar & BTC Giveaway

    Accumulating 10 million USDT in valid futures trading volume generates lottery tickets with no earning limits. Prizes include luxury gold bars worth 350,000 USDT, Bitcoin, and bonuses. Winners are determined through Bitcoin blockchain hash methodology, ensuring complete transparency with independently verifiable results.

    MEXC continues to demonstrate its commitment to providing innovative trading experiences that deliver genuine value to its global user base. Through transparent reward mechanisms and substantial incentives, the exchange creates opportunities for traders to maximize their potential returns. Visit the official Golden Era Showdown event page to register and discover complete participation details.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, daily airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/516cc52e-ccd1-45ac-8b16-a51335398314

    The MIL Network –

  • MIL-OSI: Channel Factory Announces Latest Move to Elevate North American Executive Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising company, today announced the promotion of Nico Greco as the company’s Chief Revenue Officer (CRO), North America. Most recently serving as SVP, Head of Sales at Channel Factory, Greco’s appointment to the North American C-Suite follows a series of strategic moves that enhance Channel Factory’s growth and innovation. In his new role, Greco will report to Kevin Gentzel, newly appointed President, Americas.

    Earlier this year, Channel Factory announced a significant investment from Truelink Capital, as well as the addition of Gentzel to its leadership group. Both these moves and today’s announcement demonstrate a commitment to advancing the company’s ongoing growth.

    Greco, a sales veteran in the digital advertising industry with over 14 years of experience, has extensive experience working with both global agencies and technology companies. Since joining Channel Factory in early 2021, Greco has played a pivotal role in the company’s sales and expansion across the country, most recently serving as SVP, Head of Sales. Before joining Channel Factory, Greco worked as a Director at Amobee, where he focused on the company’s strategic agency partnerships.

    “From an outsider’s perspective, Nico Greco was someone whose career I followed with great interest. He’s been a valuable spokesperson for the company, and his proven track record for driving revenue growth and building strategic partnerships speaks for itself,” said Kevin Gentzel, recently appointed President, Americas at Channel Factory. “When I joined the company, Nico Greco was someone I couldn’t wait to start working with. With Nico as our new CRO for North America, we’re taking our plans for growth and expansion and strapping a rocket to our backs. It’s an exciting time for us and the right time in our industry for a move like this.”

    “Since day one, Channel Factory has demonstrated an incredible level of purpose-driven growth, innovation, and client satisfaction. It’s rare to work for a company that is doing work that you can truly believe in, and I’m eager to take on a larger role to expand on that vision and mission across North America,” said Greco.

    About Channel Factory
    Channel Factory is a global technology and data company that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologically, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

    Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com.

    Media Contact:
    Andrew Krepow
    andrew@broadsheetcomms.com

    The MIL Network –

  • MIL-OSI: The Launch of SoloChain: The World’s First Blockchain Specifically Designed for Agentic Transactions and DePIN Mining

    Source: GlobeNewswire (MIL-OSI)

    TORTOLA, British Virgin Islands, June 13, 2025 (GLOBE NEWSWIRE) — The world welcomes SoloChain, the first blockchain designed for agentic transactions and DePIN (Decentralized Physical Infrastructure) mining. With a focus on facilitating real-world asset integration, equitable token distribution, and smart automation, SoloChain is built upon three pillars:

    • Transaction Mining
    • DePIN Mining
    • Agentic AI Automation

    Transaction Mining: Equitable Rewards Without the Hardware Hurdle

    Most blockchain networks use miners and validators to protect the chain, but how they split rewards can be murky or biased toward insiders. Bitcoin uses the most transparent and merit-based system, but its dependence on costly hardware and complexity excludes many.

    SoloChain revolutionizes token releases and reward systems by providing the fairness and transparency of Bitcoin’s model, minus the complexity and expense of infrastructure. Users receive $SOLO tokens simply for engagement in the network — token distribution is made more democratic, inclusive, and accessible.

    Main Benefit: All user activity on SoloChain is rewarded, equating real user activity to network value.

    DePIN Mining: Enabling Tokenized Infrastructure

    The Real-World Asset (RWA) landscape is transforming as DePIN assets take centre stage. Unlike traditional RWAs, such as real estate, which face significant friction in tokenization—DePIN assets like GPUs, weather sensors, and edge devices are blockchain-native by design, making them inherently compatible with decentralized infrastructure.

    SoloChain provides an integrated environment for DePIN projects to tokenize their infrastructure, stake and restake these assets on-chain, and unlock new funding models through Mining.fun (more on this at the bottom)

    Key Differentiator: SoloChain doesn’t merely enable DePIN — it supercharges it through a native execution layer, rewarding engagement and driving real-world use.

    Agentic AI: Enabling Onchain Automation

    As the SoloChain network matures, early adopters manually stake, restake, and interact with DePIN assets. But the vision goes far beyond manual labour.

    Enter Agentic AI.

    SoloChain is actively building toward a future where AI agents autonomously manage network operations, such as:

    • Reallocating DePIN assets for optimal yield
    • Restaking into high-growth pools
    • Driving ecosystem expansion based on predictive analytics

    This agentic infrastructure transforms how users engage — minimizing effort while maximizing value.

    SoloChain in Action: DePIN Growth Meets Execution Layer

    Built on Caldera’s modular rollup stack, SoloChain is engineered for scalable, real-world deployment. It unlocks an execution layer purpose-built for decentralized physical infrastructure—coordinating programmable, permissionless assets like compute units and IoT devices directly on-chain.

    As highlighted in the 2024 State of DePIN report:

    • $50B+ total DePIN market cap
    • 13M+ connected devices
    • $500M+ annualized revenue

    Despite this massive potential, the on-chain execution layer has long been missing. SoloChain fills that gap, using a transaction-mining model that rewards real-world contributions over speculation.

    Stake infrastructure. Run autonomous agents. Launch and mine tokens with actual impact—only on SoloChain.

    Mining.Fun Testnet Is Now Live

    Mining.fun is a revolutionary launchpad that enables anyone to create tokens through its transaction mining curve system—a transparent mechanism where users stake tokens in customizable pools to earn rewards aligned with bespoke mining curves. This approach incentivizes authentic, long-term community participation while discouraging predatory behavior. Unlike Pump.fun’s volatile “pump-and-dump” approach, Mining.fun prioritizes fairness and sustainability: its mining curves prevent front-running and whale manipulation, reward early supporters progressively (not disproportionately), and create organic price discovery through continuous staking rather than artificial scarcity. The result is a fundamentally superior platform where both memecoins and utility tokens thrive through equitable mechanics rather than exploitative hype.

    No presales. No insider allocations. Just clean, on-chain token creation aligned with actual user activity.

    Ready to build the next big thing? Head to Mining.fun and launch or mine your token today.

    Learn More

    Contact Details:

    Solo Tech
    Mark Makate
    contact@solo.tech

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22be683e-a5a1-499f-ad33-462b05d20809

    The MIL Network –

  • MIL-OSI: REDCLOUD TO PARTICIPATE AT THE ROTH 15th ANNUAL LONDON CONFERENCE

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 13, 2025 (GLOBE NEWSWIRE) — via IBN – RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or “The Company”) today announces that Justin Floyd, CEO and Co-Founder will be attending the ROTH 15th Annual London Conference, which will be held at the Four Seasons Hotel London at Park Lane in London, UK.

      Event  ROTH 15th Annual London Conference
      Date   June 24-26, 2025
      Format        1×1 / small group meetings – by invitation only
      Location   London, UK

    This format will provide investors the opportunity to meet with executive management from approximately 70 companies across a range of sectors. The 1-on-1 and small group meetings throughout the event will offer institutional investors meaningful interaction with company leadership and the ability to gain in-depth insights into each business.

    To learn more and submit a registration request, visit https://ibn.fm/RothLondon2025

    About ROTH
    ROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Its full-service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, ROTH is a privately held, employee-owned organization and maintains offices throughout the U.S.

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

    About RedCloud

    RedCloud has developed and operates the RedCloud trading platform (the “Platform”), that facilities trade of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. RedCloud believes its Platform solves a decades old problem of how to unlock and enable access to key purchase and sales data between brands, distributors and retailers in high growth consumer markets. Through RedCloud’s Platform, retailers are enabled to use data driven insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. For more information about RedCloud and its Platform, please visit www.redcloudtechnology.com and connect on LinkedIn and Facebook .

    Contact:

    Investor Relations
    Sukhvinder Gill
    Chief Investment Officer
    Investor.relations@redcloudtechnology.com

    Media Relations
    James McCarthy
    EVP Global Marketing
    media@redcloudtechnology.com

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

    The MIL Network –

  • MIL-OSI: Survey: Retailers raise prices and rebuild supply chains in the face of tariffs

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 13, 2025 (GLOBE NEWSWIRE) — As the ultimate level of import taxes awaits various court rulings, retailers are raising prices in response to the Trump Administration’s gyrating tariffs, according to survey results commerce protection provider Signifyd reported today.

    In fact, 76% of respondents said their businesses had increased the price of goods they sell to mitigate the cost of the new and expected tariffs, according to the poll of U.S. ecommerce professionals conducted for Signifyd by Talker Research. On average, the survey shows, retailers are passing along 51% of the cost of Trump’s import taxes.

    Overall, the surveyed merchants, in big numbers, have made big moves in the face of tariffs — including layoffs, store closings, moving production and product sources and rebalancing their inventory.

    “It isn’t surprising that retailers are taking dramatic action in the face of some pretty dramatic tariffs that have been implemented and proposed,” said Signifyd head of storytelling Mike Cassidy, who is overseeing the poll for Signifyd. “What surprised me was the big number of retailers — often in the 70-plus-percent range — that are significantly adjusting critical operations and strategies this early in the game.”

    The survey also indicates that retailers with online businesses have been scrambling since before the 2024 election to brace for higher import taxes.

    Signifyd Chief Customer Officer J. Bennett, who has been talking to retailers about their tariff strategies, is available to talk more about the survey results and their implications for the retail industry and the economy.

    Some additional findings from the survey follow below. For more on the poll and the tariffs’ effects on retail see Signifyd’s Merchant Tariff Tracker.

    The Signifyd Merchant Tariff Survey polled 500 U.S. retail professionals representing merchants with online operations. The survey, conducted between May 27 and June 2, 2025, had a margin of error of plus-or-minus 4.38%.

    Key Survey Results

    Below are the percentages of U.S. ecommerce professionals who said that in the face of current or pending Trump Administration tariffs their brands took the designated action.

    (Talker Research surveyed 500 U.S. ecommerce professionals.)
    Raised the retail price of goods they sell 76%
    Closed physical stores or otherwise reduced their business’s physical footprint 58%
    Laid off employees 55%
    Instituted a hiring freeze 63%
    Moved production from one country to another 61%
    Switched suppliers from higher tariff to lower tariff countries 71%
    Accelerated imports from countries subject to tariffs 71%
    Limited inventory/number of SKUs they sell that are subject to tariffs 71%
    Limited countries they sell/ship to 70%
    Substituted U.S.-sourced inventory for inventory subject to tariffs 72%
    Reduced the number or size of discounts and promotions to lower costs 75%
    Directly communicated to customers the cost of tariffs 73%
    Added an explicit line item at checkout detailing the additional tariff costs involved in a purchase 67%
    Increased the estimated delivery time to customers 76%

    Contacts
    Mike Cassidy
    Signifyd head of PR & storytelling
    mike.cassidy@signifyd.com

    The MIL Network –

  • MIL-OSI: Notification under Chapter 9, Section 10 of the Securities Market Act: Holdings of Parkanon Säästöpankkisäätiö in Oma Savings Bank Plc decreased below 10 percent

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 13 JUNE 2025 AT 15:40 P.M. EET, MAJOR SHAREHOLDER ANNOUNCEMENT


    Notification under Chapter 9, Section 10 of the Securities Market Act:     Holdings of Parkanon Säästöpankkisäätiö in Oma Savings Bank Plc decreased below 10 percent

    On 13 June 2025, Oma Savings Bank Plc (OmaSp) received a notification under Chapter 9, Section 5 of the Securities Market Act (SMA) from Parkanon Säästöpankkisäätiö (business ID 0136324-1), according to which Parkanon Säästöpankkisäätiö’s holding and voting rights in OmaSp decreased below 10 percent threshold on 12 June 2025.

    According to the announcement, Parkanon Säästöpankkisäätiö sr owns 3,330,000 OmaSp shares, corresponding to 9.99 percent of OmaSp’s shares and votes.

    OmaSp has one class of shares in which each share has one vote. The total number of shares is 33,317,089.

    The holding of Parkanon Säästöpankkisäätiö sr according to the announcement:

      % of shares and voting rights (A) % of shares and voting rights through financial instruments (B) Total of both in % (A+B) Total number of shares and voting rights of issuer
    Resulting situation on the date on which threshold was crossed or reached 9,99 NA 9,99 33 317 089
    Positions of previous notification (if threshold crossed) 10,00 NA 10,00 33 292 771

    Notified details of the resulting situation on the date on which the threshold was crossed or reached:

    A: Shares and voting rights:

    Class/type of shares Number of shares and
    voting rights    		 % of shares and
    voting rights
    ISIN code Direct (SMA 9:5) Indirect
    (SMA 9:6 and 9:7)    		 Direct (SMA 9:5) Indirect
    (SMA 9:6 and 9:7)
    FI4000306733 3 330 000 0 9,99 0
    A total 3 330 000 9,99


    Oma Savings Bank Plc

    Additional information:

    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    Distribution:

    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 600 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network –

  • MIL-OSI: Introducing Surfshark Everlink: patented self-healing VPN infrastructure for stable VPN protection

    Source: GlobeNewswire (MIL-OSI)

    Surfshark, a leading provider of VPN services, unveils Surfshark Everlink, an industry-first patented (patents: US11190491B1, US20240080302A1) technology designed to deliver greater VPN connection stability. Surfshark Everlink is a supporting, self-healing infrastructure that ensures continuous VPN connectivity by seamlessly recovering dropped VPN connections. This technology allows users to enjoy a stable VPN connection and minimizes the risk of IP address exposure.

    “This technology allows us to improve the most important VPN quality metric – connection stability. While other shiny metrics, such as the number of servers might seem important, connection stability is something that truly makes the difference to the user experience,” says Donatas Budvytis, Chief Technology Officer at Surfshark.

    How does Surfshark Everlink work?

    Surfshark Everlink is an additional layer of security which helps to recover lost connections. When connected to the VPN, Surfshark user connects not only to the VPN infrastructure, but also to Everlink infrastructure. In case there is a drop of connection, Surfshark Everlink instantly acts as a “self-healing” mechanism and revives user’s connection by reconfiguring the VPN tunnel without having to disconnect and reconnect from the VPN service, protecting the user from potential data exposure.

    “Think of a well-known VPN comparison to an encrypted tunnel – if the VPN is a tunnel which secures your traffic, imagine Surfshark Everlink as another one which secures that VPN tunnel. If one connection goes down, you’re automatically switched to another, so you stay connected and secure,” explains Donatas Budvytis.

    Surfshark Everlink also ensures that the VPN service for the user remains stable in case of server maintenance repairs. “If, let’s say, we had to shut down some of our servers for maintenance, Everlink would route all traffic to another closest server without any interruptions to user experience.”

    More than just convenience: protecting users’ privacy

    Budvytis emphasizes that Surfshark Everlink isn’t only essential for seamless connectivity, but is also an important new technology for privacy and security.

    “At best, an unstable VPN connection is simply annoying, however, it can also be risky, as an unstable connection can lead to exposed user data. For journalists, activists, whistleblowers and anyone who values online privacy, this can be a significant risk. If the server connection drops out, it could expose the person’s IP address and leave them traceable and vulnerable.” 

    Budvytis compares the new technology to an already existing, industry-standard Kill Switch. “The main difference between Kill Switch and Surfshark Everlink is that the Kill Switch does exactly what it says on the tin – kills your connection in case of a server failure. To put it simply, if your VPN’s off, you’re offline. And while that’s a good way to stay secure and prevent leaks, we wanted to improve this industry standard and take it to the next level – instead of killing the connection, we want users to stay securely connected and private. Users can still choose to use the Kill Switch feature, but we wanted to offer something in addition to this.”

    The Surfshark Everlink technology is enabled by default on WireGuard protocol on all platforms, including iOS, macOS, Windows, Android, and Linux.

    Surfshark Everlink was built on a patented technology (patent: US11190491B1, Method and apparatus for maintaining a resilient VPN connection; patent: US20240080302A1, Clustering of Virtual Private Network Servers). Currently holding multiple patents for industry innovation, the company seeks to improve not only on its VPN offering, but also help build a better internet for everyone. Recently, Surfshark launched a free DNS service, offering a more private alternative to default DNS providers. 

    ABOUT SURFSHARK

    Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and tool for generating an alternative online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For research projects, visit our Research Hub.

    Attachment

    The MIL Network –

  • MIL-OSI: Dan IVES AI Revolution ETF Surpasses $100 Million AUM Within First Trading Week of Wedbush Fund Advisers’ Inaugural Offering

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 13, 2025 (GLOBE NEWSWIRE) — Wedbush Fund Advisers today announced that the Dan IVES Wedbush AI Revolution ETF (Ticker: IVES) has exceeded $100 million in assets under management (AUM) within its first 5 trading days.

    Built on the proprietary research of Dan Ives, Wedbush Managing Director and Global Head of Technology Research, IVES delivers focused exposure to 30 public companies powering the real-world deployment of artificial intelligence. The portfolio spans AI infrastructure and applications across semiconductors, hyperscalers, cybersecurity, cloud, robotics, and consumer platforms, forming a diversified yet high-conviction AI basket grounded in fundamental research.

    “Wedbush’s entry into Investment Management is a natural strategic expansion for the firm,” said Kevin White, EVP and Senior Advisor, Head of Investment Management at Wedbush Financial Services. “We are committed to delivering bespoke, cutting-edge, research-driven investment opportunities for our Global Family Office Services, Wealth and RIA clients. IVES is simply our beginning.”

    “Crossing the $100 million mark in its first week is a clear signal that investors are looking for targeted, high-conviction access to the AI ecosystem,” said Cullen Rogers, Chief Investment Officer at Wedbush Fund Advisers. “We’re grateful to the early ETF investors for validating both the strength of Dan Ives’ research and the growing appetite for thematically precise strategies.”

    IVES represents a unique extension of Wedbush’s longstanding technology expertise into the ETF market. Its early success reflects the demand for differentiated research applied through a liquid, cost-effective investment vehicle.

    About Wedbush Fund Advisers, LLC

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

    Media Inquiries

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

    Important Information

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

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

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

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

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

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

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

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

    The MIL Network –

  • MIL-OSI: Life Sciences Investor Forum: Now Available for Online Viewing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Life Sciences Investor Forum, held June 11th and 12th are now available for online viewing.

    REGISTER AND VIEW PRESENTATIONS

    The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download
    investor materials from the company’s resource section.

    Select companies are accepting 1×1 management meeting requests through June 17.

    June 11th


    June 12    th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

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

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

    Media Contact:
    OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

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

    The MIL Network –

  • MIL-OSI: Co-Founder of MidCap Howard Widra to Retire at the End of 2026

    Source: GlobeNewswire (MIL-OSI)

    BETHESDA, Md., June 13, 2025 (GLOBE NEWSWIRE) — MidCap Financial (“MidCap”) today announced that Howard Widra, Co-Founder of MidCap and Partner at MidCap’s investment manager, Apollo Global Management, Inc. (“Apollo”), will retire from MidCap and Apollo at the end of 2026. Mr. Widra will continue in his current role through December 31, 2026. Steve Curwin, Co-Founder and CEO of MidCap, and Chad Leat, non-executive Board Chair of MidCap, have been named Co-Executive Chairmen of MidCap. David Moore and Josh Groman will continue in their roles as Co-Presidents of MidCap.

    “Being part of the growth and success of MidCap has been my proudest professional accomplishment,” said Mr. Widra. “Our creative and collaborative business model has been critical to our success and enabled us to develop a unique culture that has produced a very deep and long-tenured team. I couldn’t be more excited about the prospects for MidCap and look forward to seeing the business continue to flourish for many years.”

    During Mr. Widra’s tenure, MidCap has grown from a start-up venture to a leader in private credit with over $55 billion of commitments under management and administration. MidCap is a market leader in each of its seven core markets and has one of the largest private credit origination teams in the industry.

    “Howard has been a great leader and partner over the last 17 years, driving growth for MidCap, its clients and its investors,” said Mr. Curwin. “Thanks to Howard’s leadership, the business is well-positioned to thrive, and we are confident in our ability to ensure MidCap remains an industry leader far into the future.”

    About MidCap Financial

    MidCap Financial is a middle-market focused, specialty finance firm that provides senior debt solutions to companies across all industries. As of March 31, 2025, MidCap Financial provides administrative or other services for approximately $55 billion of commitments*. MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc., pursuant to an investment management agreement. Apollo had assets under management of approximately $785 billion as of March 31, 2025.

    For more information about MidCap Financial, please visit www.midcapfinancial.com.

    For more information about Apollo, please visit www.apollo.com.

    *Including $6.9 billion of commitments managed by MidCap Financial Services Capital Management LLC, a registered investment adviser, as reported under Item 5.F on Part 1 of its Form ADV

    Contact

    Kimberly Sobel

    MidCap Head of Marketing and Business Strategy

    ksobel@apollo.com

    The MIL Network –

  • MIL-OSI: June 2025 Letter to Shareholders of Nvni Group Limited

    Source: GlobeNewswire (MIL-OSI)

    ~ Building on a Strong Foundation through Operational Progress and Strategic Initiatives ~

    NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) — Nuvini Group Limited (Nasdaq: NVNI) (“Nuvini” or the “Company”), a leading acquirer of private B2B SaaS companies in Latin America, today issued a letter to shareholders from Nuvini Founder and CEO Pierre Schurmann.

    Dear Fellow Shareholders,

    As we quickly approach the end of the second quarter, I wanted to provide an update on Nuvini’s continued success, detailing developments from my last letter in May and discussing what lies ahead in the near future and beyond for the Company. As mentioned in my last letter, Nuvini is amid its next phase of growth driven by leverage and execution as we continue to execute our strategic acquisitions, highlighted by our successful acquisition of Munddi, an online platform that connects brands with consumers, suppliers, and retail chains in Brazil. I am pleased to also provide updates on our recent operational highlights, NuviniAI and our initiatives to strengthen our operating muscle by welcoming Gustavo Usero as our new Group Operating Director.

    Munddi Acquisition

    The successful acquisition of Munddi was one of four planned acquisitions this year and a significant value add to our ecosystem of Latin America based B2B SaaS solutions, creating new synergies to drive revenue growth. Further, Munddi allows us to unlock cross-selling opportunities across our portfolio, specifically for Onclick, Leadlovers and Mercos, our retail and supply chain solutions. With a strong M&A pipeline, I am excited to continue to provide developments regarding additional accretive acquisitions in the near future and throughout the remainder of the year.

    Operational Highlights

    We are encouraged to see continued strength in recurring revenues and execution of disciplined cost management across our portfolio of B2B SaaS solutions. As our AI and shared services platforms scale, we expect further margin enhancement and are already seeing early indicators tracking ahead of plan. To that point, our AI implementation is already showing measurable impact on our numbers, reducing overhead by 8%.

    NuviniAI: From Ideation to Implementation

    Delving deeper into Nuvini’s AI initiatives, I would like to touch on the NuviniAI challenge, our internal innovation initiative, which has garnered ten high-potential finalist projects. The final selection event is scheduled for July 15, 2025, to be held at Oracle’s office in São Paulo, and the top three projects will enter the implementation phase in the third quarter. Accordingly, we plan to launch three new AI-first products to our current client base by the end of the year.

    Strengthening Our Operating Muscle

    At Nuvini we are always looking for ways to increase our operational efficiency and we are thrilled to welcome Gustavo Usero, formerly of Vela Software (a Constellation Software company) effective as of April 1st, 2025, as our new non executive Group Operating Director. Gustavo brings deep experience in value creation and integration strategies across SaaS portfolios to Nuvini. His mandate will be to elevate our playbook for operational excellence and accelerate our AI-driven efficiency programs and his primary focus includes strengthening budgeting discipline, expanding EBITDA margins, and implementing robust performance management frameworks.

    I look forward to providing future updates and thank you for your continued trust.

    Sincerely,

    Pierre Schurmann

    Founder & CEO, Nuvini

    About Nuvini

    Headquartered in São Paulo, Brazil, Nuvini is Latin America’s leading private serial acquirer of B2B SaaS companies. The company focuses on acquiring profitable, high-growth SaaS businesses with strong recurring revenue and cash flow generation. By fostering an entrepreneurial environment, Nuvini enables its portfolio companies to scale and maintain leadership within their respective industries. The company’s long-term vision is to buy, retain, and create value through strategic partnerships and operational expertise.

    Forward-Looking Statements

    Statements 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,” “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, without limitation: the Company’s ability to complete the potential acquisitions on the anticipated timeline or at all; general market conditions that could affect the consummation of the potential acquisition; if definitive documents with respect to a potential acquisition are executed, whether the parties will achieve any of the anticipated benefits of any such transactions; and other factors discussed in the “Risk Factors” section of the Company’s Ǫuarterly and Annual Reports filed with the SEC, and the risks described in other filings that the Company may make with the SEC. Any forward-looking statements speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    Investor Relations Contact

    Sofia Toledo
    ir@nuvini.co

    MZ North America
    NVNI@mzgroup.us

    The MIL Network –

  • MIL-OSI: Bitcoin Depot Adds to Bitcoin Treasury Holdings Amid Continued Market Momentum

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, June 13, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced it has purchased additional Bitcoin (BTC) as part of its treasury strategy first initiated in June 2024.

    The move follows the Company’s earlier purchases of 51 and 11 BTC in February 2025. With this latest addition, Bitcoin Depot now holds over 100 BTC in its treasury, further reinforcing its belief in Bitcoin’s long-term potential as both a strategic asset and a store of value.

    “As the digital asset landscape continues to evolve during a period of strong industry momentum and innovation, we view Bitcoin as a foundational piece of our long-term growth strategy, and this purchase is a continuation of that conviction,” said Brandon Mintz, CEO and founder of Bitcoin Depot. “As we expand our treasury and our footprint, we remain committed to enabling access to Bitcoin and aligning with its future.”

    This announcement comes as Bitcoin continues to experience significant momentum in 2025, marked by policy and regulatory clarity, growing institutional demand, increased adoption, and the recent all-time price high of over $111,000.

    Bitcoin Depot’s latest BTC purchase also follows a wave of strong business growth for the Company, including the recent strategic acquisition of regional operator Pelicoin’s assets to further strengthen its market leadership. Today, Bitcoin Depot operates the largest Bitcoin ATM network in North America, with more than 8,500 locations and a growing international footprint.

    The financial terms of the transaction were not disclosed. For more information, visit www.bitcoindepot.com.

    About Bitcoin Depot 
    Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 47 states and at thousands of name-brand retail locations in 31 states through its BDCheckout product. The Company has the largest market share in North America with over 8,500 kiosk locations as of June 2025. Learn more at www.bitcoindepot.com. 

    Cautionary Note Regarding Forward-Looking Statements
    This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, the anticipated effects of the Amendment, and the closing of the Preferred Sale. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,” “plan,” “potential,” “priorities,” “project,” “pursue,” “seek,” “should,” “target,” “when,” “will,” “would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

    These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

    We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

    Contacts: 

    Investors  
    Cody Slach
    Gateway Group, Inc.  
    949-574-3860  
    BTM@gateway-grp.com 

    Media  
    Brenlyn Motlagh, Ryan Deloney  
    Gateway Group, Inc. 
    949-574-3860  
    BTM@gateway-grp.com 

    The MIL Network –

  • MIL-OSI: StepStone Real Estate Named Investment Consultancy of the Year by IPE Real Estate for Fourth Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) — StepStone Real Estate (SRE), the real estate arm of private markets investment firm StepStone Group (Nasdaq: STEP), announced today that it was the recipient of the 2025 IPE Real Estate Global Awards’ Investment Consultancy of the Year.

    The Investment Consultancy of the Year Award recognizes SRE’s approach to advising its institutional clients and investors on their real estate investment programs. The judges noted that the firm’s competitive advantages included its global reach, experienced team, relationships with general partners, market coverage, and proprietary technology for market intelligence, cementing its position as one of the world’s leading real estate investors. In 2024, our team conducted approximately 1,000 manager meetings and approved $14 billion in real estate capital commitments across 47 funds.

    “Our hands-on experience investing in secondaries, recapitalizations and co-investments coupled with our deep manager, fund and market research capabilities differentiates us as a real estate advisor,” said Jeff Giller, Partner and Head of SRE. “We are honored to have been recognized as Investment Consultancy of the Year for the fourth year in a row and look forward to continuing to provide tailor-made solutions to our diverse and growing client base.”

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of March 31, 2025, StepStone was responsible for approximately $709 billion of total capital, including $189 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    +1 (212) 351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    +1 (203) 682-8268

    The MIL Network –

  • MIL-OSI: Advanced Flower Capital Announces Dividend for the Second Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    WEST PALM BEACH, Fla., June 13, 2025 (GLOBE NEWSWIRE) — Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC” or the “Company”) today announced its dividend for the quarter ending June 30, 2025.

    The Board of Directors of AFC declared a quarterly dividend of $0.15 per outstanding share of common stock for the quarter ending June 30, 2025. The dividend is payable on July 15, 2025 to the common stockholders of record on June 30, 2025.

    The Board of Directors evaluates the Company’s Distributable Earnings (as defined below) each quarter to determine the dividend level. The second quarter dividend was impacted due to a realized loss during the quarter related to the loan to Public Company A.

    About Advanced Flower Capital Inc.

    Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage real estate investment trust (“REIT”) that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team’s deep network and significant credit and cannabis expertise, AFC originates, structures, underwrites and manages loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows. It is based in West Palm Beach, Florida.

    Non-GAAP Metrics

    In addition to using certain financial metrics prepared in accordance with GAAP to evaluate our performance, we also use “Distributable Earnings” to evaluate our performance excluding the effects of certain transactions and GAAP adjustments we believe are not necessarily indicative of our current loan activity and operations. Distributable Earnings is a measure that is not prepared in accordance with GAAP. Distributable Earnings and the other capitalized terms not defined in this section have the meanings ascribed to such terms in our most-recently filed Quarterly Report on Form 10-Q. We use this non-GAAP financial measure both to explain our results to shareholders and the investment community and in the internal evaluation and management of our businesses. Our management believes that this non-GAAP financial measure and the information it provides is useful to investors since this measure permits investors and shareholders to assess the overall performance of our business using the same tools that our management uses to evaluate our past performance and prospects for future performance.

    The determination of Distributable Earnings is substantially similar to the determination of Core Earnings under our Management Agreement, provided that Core Earnings is a component of the calculation of any Incentive Compensation earned under the Management Agreement for the applicable time period, and thus Core Earnings is calculated without giving effect to Incentive Compensation expense, while the calculation of Distributable Earnings accounts for any Incentive Compensation earned for such time period.

    We define Distributable Earnings as, for a specified period, the net income (loss) computed in accordance with GAAP, excluding (i) stock-based compensation expense, (ii) depreciation and amortization, (iii) any unrealized gains, losses or other non-cash items recorded in net income (loss) for the period, regardless of whether such items are included in other comprehensive income or loss, or in net income (loss); provided that Distributable Earnings does not exclude, in the case of investments with a deferred interest feature (such as original issue discount, debt instruments with PIK interest and zero coupon securities), accrued income that we have not yet received in cash, (iv) provision for (reversal of) current expected credit losses, (v) taxable REIT (as defined below) subsidiary (“TRS”) (income) loss, net of any dividends received from TRS and (vi) one-time events pursuant to changes in GAAP and certain non-cash charges, in each case after discussions between our Manager and our independent directors and after approval by a majority of such independent directors.

    We believe providing Distributable Earnings on a supplemental basis to our net income as determined in accordance with GAAP is helpful to shareholders in assessing the overall performance of our business. As a REIT, we are required to distribute at least 90% of our annual REIT taxable income, subject to certain adjustments, and to pay tax at regular corporate rates to the extent that we annually distribute less than 100% of such taxable income. Given these requirements and our belief that dividends are generally one of the principal reasons that shareholders invest in our common stock, we generally intend to attempt to pay dividends to our shareholders in an amount at least equal to such REIT taxable income, if and to the extent authorized by our Board of Directors. Distributable Earnings is one of many factors considered by our Board of Directors in authorizing dividends and, while not a direct measure of net taxable income, over time, the measure can be considered a useful indicator of our dividends.

    Distributable Earnings is a non-GAAP financial measure and should not be considered as a substitute for GAAP net income. We caution readers that our methodology for calculating Distributable Earnings may differ from the methodologies employed by other REITs to calculate the same or similar supplemental performance measures, and as a result, our reported Distributable Earnings may not be comparable to similar measures presented by other REITs.

    Forward-Looking Statements

    This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company’s current views and projections with respect to, among other things, operating results and borrower activity. All statements other than historical facts, are forward-looking statements. Words such as “believes,” “expects,” “will,” “intends,” “plans,” “guidance,” “estimates,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, risks and uncertainties discussed under the caption “Risk Factors” and elsewhere in AFC’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings, could cause actual results and performance to differ materially from those projected in these forward-looking statements.

    Investor Relations Contact

    Robyn Tannenbaum
    561-510-2293
    ir@advancedflowercapital.com

    Media Contact

    Collected Strategies
    Jim Golden / Jack Kelleher
    AFCG-CS@collectedstrategies.com  

    The MIL Network –

  • MIL-OSI: reAlpha Expands Homebuying Platform into Texas, Marking First Step in National Realty Rollout

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, June 13, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (“reAlpha” or the “Company”), an AI-powered real estate technology company, today announced the expansion of its platform into Texas1 with the launch of real estate brokerage services through its REALTOR® affiliate. This milestone marks the first step in bringing reAlpha’s end-to-end homebuying experience to states outside of Florida, starting with one of the most active real estate markets in the country.

    Texas is the second‑most populous state2 in the U.S. and recorded over 323,000 home sales in 2024, with a median sale price of $347,000, representing more than $112 billion in residential transaction value3. This expansion into Texas positions reAlpha to reach millions of prospective homebuyers through a tech-enabled, streamlined platform that delivers real savings at closing, including in high-volume markets such as Dallas-Fort Worth, San Antonio, Houston, and Austin.

    “This is an exciting next step in reAlpha’s national expansion,” said Mike Logozzo, Chief Executive Officer of reAlpha. “Texas is a high-volume, high-potential market that aligns perfectly with our integrated business model. We aim to bring real value to homebuyers by combining technology-driven convenience with cost savings, and Texas is just the beginning.”

    reAlpha already has an established presence in Texas through its strategic acquisition of their licensed mortgage subsidiary, Be My Neighbor, which has been serving customers there since 2018 and currently operates across 30 states. With the addition of real estate brokerage capabilities in Texas, reAlpha is now delivering a more integrated experience on its end to end platform from search to preapproval to close.

    The Company plans to launch in additional states in the coming months as it scales its platform and continues executing its mission to modernize real estate through AI, data, and integrated experiences.

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

    Forward-Looking Statements
    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements by our Chief Executive Officer, Mike Logozzo, 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; 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 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.

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

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

    1 The reAlpha platform is currently available in 212 out of 254 counties in Texas
    2 https://www.britannica.com/topic/largest-U-S-state-by-population
    3https://www.redfin.com/news/data-center/

    The MIL Network –

  • MIL-OSI: Peyto Exploration & Development Corp. Announces Retirement of a Director and Confirms Monthly Dividend for July 15, 2025

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 13, 2025 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) announces the retirement of Michael (Mick) MacBean as a director and confirms the monthly dividend with respect to June 2025 of $0.11 per common share is to be paid on July 15, 2025, for shareholders of record on June 30, 2025. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

    Mr. MacBean is retiring from the Peyto board, effective June 13, 2025.  On behalf of the board, management and shareholders, we would like to thank Mick for his 20+ years of service, including his previous roles as lead independent director, Chair of the audit committee and most recently as Chair of the compensation committee.  Mick was instrumental in the design and implementation of the new Total Shareholder Return Rights Plan.  Mick’s contributions to Peyto will be greatly missed and we wish him the best in his future endeavors.  

    Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact:

    Jean-Paul Lachance
    President and Chief Executive Officer
    Phone: (403) 261-6081
    Fax: (403) 451-4100
    info@peyto.com

    Certain information set forth in this document, including management’s assessment of Peyto’s future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond these parties’ control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Peyto’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Peyto will derive therefrom. The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

    The MIL Network –

  • MIL-OSI: Baker Hughes Announces Dates for Second-quarter Earnings Release and Webcast

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON and LONDON, June 13, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2025, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Tuesday, July 22, 2025. A webcast to discuss the results will be held Wednesday, July 23, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time).

    To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on the website following the webcast.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    For more information, please contact:

    Investor Relations
    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    Media Relations
    Adrienne M. Lynch
    +1 713-906-8407
    media.relations@bakerhughes.com

    The MIL Network –

  • MIL-OSI: MoneyHero Group Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    • Adjusted EBITDA loss improved by 49% YoY to US$(3.3) million
    • Improving revenue mix with high-margin insurance and wealth revenue accounting for 25% of revenue, up 11 pp YoY
    • Cost of revenue fell by 55% YoY and accounted for 44% of revenue, down 20 pp

    SINGAPORE , June 13, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced its financial results for the first quarter ended March 31, 2025.

    Management Commentary:

    Rohith Murthy, Chief Executive Officer, stated:

    “We began 2025 with strong momentum, building on the strategic pivot we initiated last year. In Q1, we made significant financial progress — reducing net loss to US$(2.4) million from US$(13.1) million during the same period last year, improving our Adjusted EBITDA loss to US$(3.3) million, and lowering our cost of revenue by 20-points to 44% of total revenue. These improvements reflect our disciplined focus on enhancing revenue quality, operating leverage, and margin expansion.

    “Our strategy is delivering. By reallocating resources toward higher-margin verticals such as insurance and wealth, we are steering the business toward sustainable, profitable growth. These verticals now account for 25% of total revenue, an increase of 11-points year-over-year. Notably, our car insurance platform, launched in partnership with bolttech, is outperforming our expectations by driving higher conversion rates and recurring revenue with seamless end-to-end journeys and real-time pricing.

    “We have also made substantial operational efficiency gains. Following last year’s restructuring to reset our cost base, we are leveraging AI across the organization to maintain a lean cost structure as we scale. From content creation and service automation to engineering workflows, AI is enhancing workforce productivity, reducing inquiry volumes, and improving user experience — all while keeping expenses flat. Consequently, our unit economics continue to improve quarter after quarter.

    “Our member base is rapidly expanding, with registered MoneyHero Group Members increasing by 38% year-over-year to over 8 million. Leveraging these insights, we have refined our strategy and optimized our marketing spend to deliver highly personalized offers that boost user engagement – achieving stronger results with marketing costs falling 25% year-over-year.

    “We are encouraged to see growing signs of recovery in the Philippines, a key market for us. After a major banking partner exited last year, we recently secured new partnerships with BPI and RCBC, restoring product supply across key verticals. These partnerships significantly strengthen our market position and offerings, and we anticipate a meaningful rebound in our performance during the second half of 2025 as these partnerships scale.

    “Looking ahead, our priority throughout the remainder of the first half of 2025 will be to consolidate our recent operational gains. In the second half, we expect to accelerate topline growth by activating our robust pipeline of banking partnerships, strategically scaling our higher-margin insurance business, and launching Credit Hero Club in collaboration with TransUnion. Credit Hero Club will provide consumers with free credit scores, credit monitoring, and personalized financial product recommendations, thereby driving higher user engagement and conversion rates. This strengthens our confidence in accelerating our revenue growth and reaching positive Adjusted EBITDA in the later part of the year.

    “With no debt and US$36.6 million in cash, we are well-positioned to invest in high-return growth initiatives and capitalize on opportunities as the regional personal finance comparison sector evolves. Our focus on disciplined execution, quality growth, and prudent capital deployment uniquely position us to lead market consolidation, deliver long-term shareholder value, and scale efficiently in a dynamic environment.”

    Danny Leung, interim Chief Financial Officer, added:

    “Our financial performance during the quarter clearly reflects the progress we are making following our strategic pivot in the second half of 2024, with a strong focus on revenue quality and disciplined operational management.

    “While revenue declined 35% year-over-year as part of our strategic focus on improving quality, revenue mix substantially improved with high-margin verticals increasingly accounting for a larger proportion. Personal loans increased from 15% to 17% of total revenue, insurance grew from 8% to 13%, and wealth surged from 6% to 12%, further reducing our reliance on relatively lower-margin credit cards which decreased 13-points to 57%. Cost of revenue also fell by 55% year-over year and accounted for 44% of total revenue, a 20-point decrease. Combined, this significantly improved gross margins and underscores the effectiveness of our strategy to reposition toward higher-quality, sustainable revenue.

    “Our operational efficiency initiatives are already proving to be highly effective, with total operating expenses falling by 26% year-over-year across advertising and marketing, technology, employee benefits, and general administrative costs. We are carefully managing costs while strategically investing in growth areas such as customer acquisition, technology re-platforming, and advanced data infrastructure.

    “As a direct result of expanding gross margins and reduced operating expenses, net loss narrowed substantially to US$(2.4) million this quarter from US$(13.1) million during the same period last year—a significant improvement of over US$10 million. Adjusted EBITDA loss also improved markedly, narrowing from US$(6.4) million to US$(3.3) million year-over-year, underscoring our clear trajectory toward sustainable profitability.

    “Looking ahead, we expect Adjusted EBITDA to improve throughout 2025, supported by steadily expanding margins and sustained operational efficiency. We remain confident in our ability to achieve positive Adjusted EBITDA in the later part of the year. Our strong cash position and disciplined investment strategy will ensure we remain focused on profitable growth and delivering sustained value to our shareholders.”

    First Quarter 2025 Financial Highlights

    • Revenue decreased by 35% year-over-year to US$14.3 million in the first quarter of 2025, reflecting a strategic shift toward diversifying revenue mix to enhance revenue quality and the high base effect set during the same period last year with significant marketing and customer acquisition spending in the credit card vertical to expand market share.
      • Revenue from insurance products increased by 4% year-over-year to US$1.9 million in the first quarter of 2025, accounting for 13% of total revenue, compared to 8% during the same period last year.
      • Revenue from wealth products increased by 20% year-over-year to US$1.7 million in the first quarter of 2025, accounting for 12% of total revenue, compared to 6% during the same period last year.
    • Cost of revenue decreased by 55% year-over-year to US$6.4 million and accounted for 44% of revenue, a decrease of 20 percentage points from 64% during the same period last year, reflecting improved gross margins through rewards costs optimization.
    • Total operating costs and expenses, excluding net foreign exchange differences, decreased to US$18.3 million in the first quarter of 2025 from US$30.4 million during the same period last year. This reduction was driven by more targeted and cost-efficient marketing campaigns, combined with strategic streamlining of technology costs to simplify workflows, and a comprehensive HR cost restructuring initiative.
    • Net loss for the period narrowed sharply to US$(2.4) million during the first quarter of 2025, compared to US$(13.1) million in the same period last year, supported by lower operating costs as well as lower non-operating expenses including foreign exchange differences and changes in fair value of financial instruments.
    • Adjusted EBITDA loss improved to US$(3.3) million in the first quarter of 2025 from US$(6.4) million in the prior year period.

    First Quarter 2025 Operational Highlights

    • Monthly Unique Users for the three months ended March 31, 2025, of 5.7 million
    • MoneyHero Group Members, to whom the Company provides more tailored product information and recommendations, grew by 38% year-over-year to 8.1 million as of March 31, 2025
    • MoneyHero sourced 399,000 applications and had 155,000 approved applications in the first quarter of 2025

    Capital Structure

    The table below summarizes the capital structure of the Company as of March 31, 2025:

    Share Class Issued and Outstanding
    Class A Ordinary 29,949,1931
    Class B Ordinary 13,254,838
    Preference Shares 2,407,575
    Total Issued Shares 45,611,606
    Employee Equity Options 618,7172
    Issued Class A Ordinary Shares Underlying Employee Equity Options (618,717)3
    Total Issued and Issuable Shares4 45,611,606

    _____________________________________
    1     Includes 618,717 shares issued to Computershare Hong Kong Investor Services Limited (“Computershare”) which are held in trust pending exercise of share options and settlement by Computershare to the underlying exercising option holder.
    2 Includes granted but unexercised options as well as exercised options, pursuant to which the shares have not yet been issued as of March 31, 2025.
    3 Issued in advance to Computershare and held in trust pending exercise of share options and settlement by Computershare to the underlying exercising option holder.
    4 Public Warrants, Sponsor Warrants, Class A-1 Warrants, Class A-2 Warrants and Class A-3 Warrants are excluded since they are out of the money.

    Summary of financial / KPI performance

      For the Three Months Ended
    March 31,    		  
      2025   2024    
      (US$ in thousands, unless otherwise noted)  
    Revenue 14,314   22,175    
    Adjusted EBITDA (3,309 ) (6,440 )  
           
    Clicks (in thousands)5 2,081   N/A    
    Applications (in thousands)6 399   495    
    Approved Applications (in thousands)6 155   206    
           

    Revenue breakdown

      For the Three Months Ended
    March 31,    		  
      2025 2024  
      US$ % US$ %  
      (US$ in thousands, except for percentages)  
    By Geographical Market:          
    Singapore 5,084 35.5 8,944 40.3  
    Hong Kong 6,396 44.7 7,716 34.8  
    Taiwan 1,054 7.4 1,402 6.3  
    Philippines 1,779 12.4 3,979 17.9  
    Malaysia – – 133 0.6  
    Total Revenue 14,314 100.0 22,175 100.0  
               
    By Source:          
    Online financial comparison platforms 12,638 88.3 18,058 81.4  
    Creatory 1,676 11.7 4,117 18.6  
    Total Revenue 14,314 100.0 22,175 100.0  
               
    By Vertical:          
    Credit cards 8,173 57.1 15,426 69.6  
    Personal loans and mortgages 2,495 17.4 3,297 14.9  
    Wealth 1,663 11.6 1,387 6.3  
    Insurance 1,892 13.2 1,827 8.2  
    Other verticals 91 0.6 239 1.1  
    Total Revenue 14,314 100.0 22,175 100.0  
               

    _____________________________________
    5 As of July 1, 2024, we transitioned from Universal Analytics to Google Analytics 4. Consequently, we are unable to provide comparable click data for this period following the transition. Please refer to the section titled “Key Performance Metrics and Non-IFRS Financial Measures” for more information regarding the change in methodology.
    6 Due to the nature of our business, there is often a delay in receiving confirmation of the number of Applications and Approved Applications by our commercial partners. As a result, the disclosed figures may utilize estimations if data is unavailable.

    Key Metrics

      For the Three Months Ended
    March 31, 2025
      (in millions, except for percentages)
    Monthly Unique Users7  
    Singapore   1.3           22.6 %
    Hong Kong   1.0           17.3 %
    Taiwan   1.8           31.2 %
    Philippines   1.7           29.0 %
    Total   5.7
    		           100.0 %
         
    Total Traffic7    
    Singapore   3.1           17.6 %
    Hong Kong   3.3           18.7 %
    Taiwan   5.9           33.5 %
    Philippines   5.3           30.1 %
    Total   17.5           100.0 %
       
      As of March 31,
      2025
    		 2024
      (in millions, except for percentages)
    MoneyHero Group Members  
    Singapore 1.4 16.7 % 1.2   21.0 %
    Hong Kong 0.9 11.0 % 0.7   12.6 %
    Taiwan 0.4 4.6 % 0.3   4.5 %
    Philippines 5.5 67.7 % 3.4   57.2 %
    Malaysia 0.0 0.0 % 0.3   4.8 %
    Total 8.1 100.0 % 5.9
    		   100.0 %
                   

    Conference Call Details

    The Company will host a conference call and webcast on Friday, June 13, 2025, at 8:00 a.m. Eastern Standard Time / 8:00 p.m. Singapore Standard Time to discuss the Company’s financial results. The MoneyHero Limited (NASDAQ: MNY) Q1 2025 Earnings call can be accessed by registering at:

    Webcast: https://edge.media-server.com/mmc/p/q7ymzw9v
    Conference call: https://register-conf.media-server.com/register/BI715b6ae9a0fa497a9a90877eaad916ac

    The webcast replay will be available on the Investor Relations website for 12 months following the event.

    _____________________________________
    7 As of July 1, 2024, we transitioned from Universal Analytics to Google Analytics 4. Consequently, we are unable to provide comparable monthly unique users and total traffic for this period following the transition. Please refer to the section titled “Key Performance Metrics and Non-IFRS Financial Measures” for more information regarding the change in methodology.

    About MoneyHero Group
    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at March 31, 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended March 31, 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    Key Performance Metrics and Non-IFRS Financial Measures

    Historically, we utilized data from Universal Analytics (“UA”), Google’s analytics platform, to measure three key business metrics: monthly unique users, traffic, and clicks. Effective July 1, 2024, Google Analytics 4 (“GA4”) replaced UA. The methodologies used in GA4 are different and not comparable to the methodologies used in UA. While Google has provided some guidance on these differences, Google has not made available sufficient information for us to assess the impact (whether positive or negative) of this transition on our key business metrics, nor can we quantify the extent of such impact. Furthermore, due to the adoption of GA4, we have adjusted our definitions of these key business metrics to enhance accuracy and align them more closely with previous definitions under UA. Therefore, we are unable to provide comparable data for monthly unique user, traffic, and clicks for any periods prior to July 1, 2024.

    “Monthly Unique User” means as a unique user with at least one session in a given month as determined by a unique device identifier from GA4. A session begins when a user opens an app in the foreground or views a page or screen while no other session is currently active (e.g., the prior session has ended). A session concludes after 30 minutes of user inactivity. To measure Monthly Unique Users over a period longer than one month, we calculate the average of the Monthly Unique Users for each month within that period. If an individual accesses a website or app from different devices within a given month, each device is counted as a separate unique user. However, if an individual logs in and accesses a website or app using the same login across different devices, they will only be counted as one unique user.

    “Traffic” means the total number of unique sessions in GA4. A unique session is a group of user interactions recorded when a user accesses a website or app within a 30-minute window. The current session concludes when there is 30 minutes of inactivity or users have a change in traffic source.

    “MoneyHero Group Members” means (i) users who have login IDs with us in Singapore, Hong Kong and Taiwan, (ii) users who subscribe to our email distributions in Singapore, Hong Kong, Taiwan, the Philippines and Malaysia, and (iii) users who are registered in our rewards database in Singapore and Hong Kong. Any duplications across the three sources above are deduplicated.

    “Clicks” means the sum of unique clicks by product item on a tagged “Apply Now”, “Express Buy”, “Buy” or similar button on our website, including product result pages and blogs. We track Clicks to understand how our users engage with our platforms prior to application submission or purchase, which enables us to further optimize conversion rates.

    “Applications” means the total number of product applications submitted by users and confirmed by our commercial partners.

    “Approved Applications” means the number of applications that have been approved and confirmed by our commercial partners.

    In addition to MoneyHero Group’s results determined in accordance with IFRS, MoneyHero Group believes that the key performance metrics above and the non-IFRS measures below are useful in evaluating its operating performance. MoneyHero Group uses these measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. MoneyHero Group believes that non-IFRS information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance and may assist in comparisons with other companies to the extent that such other companies use similar non-IFRS measures to supplement their IFRS results. These non-IFRS measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with IFRS and may be different from similarly titled non-IFRS measures used by other companies. Accordingly, non-IFRS measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of other IFRS financial measures, such as profit/(loss) for the year/period and profit/(loss) before income tax.

    Adjusted EBITDA is a non-IFRS financial measure defined as loss for the year/period plus depreciation and amortization, interest income, finance costs, income tax expenses/(credit), equity-settled share-based payment expenses, transaction expenses, changes in the fair value of financial instruments, non-recurring legal fees, and unrealized foreign exchange differences. Adjusted EBITDA Margin is defined as Adjusted EBITDA as a percentage of revenue.

    A reconciliation is provided for each non-IFRS measure to the most directly comparable financial measure stated in accordance with IFRS. Investors are encouraged to review the related IFRS financial measures and the reconciliations of these non-IFRS measures to their most directly comparable IFRS financial measures. IFRS differs from U.S. GAAP in certain material respects and thus may not be comparable to financial information presented by U.S. companies. We currently, and will continue to, report financial results under IFRS, which differs in certain significant respects from U.S. GAAP.

      For the Three Months Ended
    March 31,
      2025   2024  
      (US$ in thousands)
    Loss for the period (2,449 ) (13,100 )
    Tax expenses –   52  
    Depreciation and amortization 302   981  
    Interest income (131 ) (595 )
    Finance costs 14   8  
         
    EBITDA (2,265 ) (12,654 )
         
    Non-cash items:    
    Changes in fair value of financial instruments (473 ) 1,346  
    Equity settled share-based payment arising from employee share incentive scheme 441   623  
    Unrealized foreign exchange (gain)/loss, net (1,012 ) 4,036  
         
    Listing and other non-recurring strategic exercises related items:    
    Transaction expenses –   35  
         
    Other non-recurring items:    
    Non-recurring legal fees –   174  
         
    Adjusted EBITDA (3,309 ) (6,440 )
         
    Revenue 14,314   22,175  
    Adjusted EBITDA (3,309 ) (6,440 )
    Adjusted EBITDA Margin (23.1 )% (29.0 )%
             

    Forward Looking Statements

    This document includes “forward-looking statements” within the meaning of the United States federal securities laws and also contains certain financial forecasts and projections. All statements other than statements of historical fact contained in this communication, including, but not limited to, statements as to the Group’s growth strategies, future results of operations and financial position, market size, industry trends and growth opportunities, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. All forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which are all subject to change due to various factors including, without limitation, changes in general economic conditions. Any such estimates, assumptions, expectations, forecasts, views or opinions, whether or not identified in this communication, should be regarded as indicative, preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The forward-looking statements and financial forecasts and projections contained in this communication are subject to a number of factors, risks and uncertainties. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in business, market, financial, political and legal conditions; the Company’s ability to attract new and retain existing customers in a cost effective manner; competitive pressures in and any disruption to the industries in which the Company and its subsidiaries (the “Group”) operates; the Group’s ability to achieve profitability despite a history of losses; and the Group’s ability to implement its growth strategies and manage its growth; the Group’s ability to meet consumer expectations; the success of the Group’s new product or service offerings; the Group’s ability to attract traffic to its websites; the Group’s internal controls; fluctuations in foreign currency exchange rates; the Group’s ability to raise capital; media coverage of the Group; the Group’s ability to obtain adequate insurance coverage; changes in the regulatory environments (such as anti-trust laws, foreign ownership restrictions and tax regimes) and general economic conditions in the countries in which the Group operates; the Group’s ability to attract and retain management and skilled employees; the impact of the COVID-19 pandemic or any other pandemic on the business of the Group; the success of the Group’s strategic investments and acquisitions, changes in the Group’s relationship with its current customers, suppliers and service providers; disruptions to the Group’s information technology systems and networks; the Group’s ability to grow and protect its brand and the Group’s reputation; the Group’s ability to protect its intellectual property; changes in regulation and other contingencies; the Group’s ability to achieve tax efficiencies of its corporate structure and intercompany arrangements; potential and future litigation that the Group may be involved in; and unanticipated losses, write-downs or write-offs, restructuring and impairment or other charges, taxes or other liabilities that may be incurred or required and technological advancements in the Group’s industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s annual report for the year ended December 31, 2024 on Form 20-F (File No.: 001-41838), registration statement on Form F-1 (File No.: 333-275205), and other documents to be filed by the Company from time to time with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, there may be additional risks that the Company currently does not know, or that the Company currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect the Company’s expectations, plans, projections or forecasts of future events and view. If any of the risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company anticipates that subsequent events and developments may cause their assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. The inclusion of any statement in this document does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. In addition, the analyses of the Company contained herein are not, and do not purport to be, appraisals of the securities, assets, or business of the Company.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    Unaudited Consolidated Statements of Loss and Other Comprehensive (Loss)/Income

      For the Three Months Ended
    March 31,
    (US$ in thousands, except for loss per share) 2025   2024  
       
    Revenue 14,314   22,175  
         
    Cost and expenses:    
    Cost of revenue (6,363 ) (14,106 )
    Advertising and marketing expenses (4,584 ) (6,132 )
    Technology costs (816 ) (1,851 )
    Employee benefit expenses (4,354 ) (5,878 )
    General, administrative and other operating expenses (2,190 ) (2,387 )
    Foreign exchange differences, net 954   (4,112 )
         
    Operating loss (3,040 ) (12,291 )
         
    Other income/(expenses):    
    Other income 131   597  
    Finance costs (14 ) (8 )
    Changes in fair value of financial instruments 473   (1,346 )
         
    Loss before tax (2,449 ) (13,048 )
    Income tax expense –   (52 )
    Loss for the period (2,449 ) (13,100 )
         
    Other comprehensive (loss)/income    
    Other comprehensive (loss)/income that may be classified to profit or loss in subsequent periods (net of tax):    
    Exchange differences on translation of foreign operations (1,378 ) 3,713  
         
    Other comprehensive (loss)/income that will not be reclassified to profit or loss in subsequent periods (net of tax):    
    Remeasurement gains on defined benefit plan –   1  
    Other comprehensive (loss)/income for the period, net of tax (1,378 ) 3,714  
         
    Total comprehensive loss for the period, net of tax (3,827 ) (9,386 )
         
    Loss per share attributable to ordinary equity holders of the parent    
    Basic and diluted (0.1 ) (0.3 )
             

    Unaudited Consolidated Statements of Financial Position

      As of March 31, As of December 31,
    (US$ in thousands) 2025 2024
         
    NON-CURRENT ASSETS    
    Non-current financial asset 600 600
    Intangible assets 1,215 1,018
    Property and equipment 174 215
    Right-of-use assets 1,034 744
    Deposits 36 25
    Total non-current assets 3,059 2,601
         
    CURRENT ASSETS    
    Accounts receivable 14,559 13,538
    Contract assets 12,571 11,825
    Prepayments and other assets 9,413 10,149
    Tax recoverable 108 63
    Pledged bank deposits 188 185
    Cash and cash equivalents 36,634 42,522
    Total current assets 73,472 78,282
         
    CURRENT LIABILITIES    
    Accounts and other payable 29,400 30,209
    Warrant liabilities 920 1,393
    Lease liabilities 625 442
    Tax payable 33 32
    Provisions 30 71
    Total current liabilities 31,007 32,147
         
    NET CURRENT ASSETS 42,465 46,135
         
    TOTAL ASSETS LESS CURRENT LIABILITIES 45,524 48,736
         
    NON-CURRENT LIABILITIES    
    Lease liabilities 424 294
    Provisions 42 –
    Deferred tax liabilities 30 30
    Defined benefit liabilities 187 185
    Total non-current liabilities 683 509
         
    Net assets 44,841 48,227
         
    EQUITY    
    Issued capital 4 4
    Reserves 44,837 48,223
    Total equity 44,841 48,227
         

    The MIL Network –

  • MIL-OSI: Form 8.3 – [ALPHA GROUP INTERNATIONAL PLC – 12 06 2025] – (CGAML)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 ALPHA GROUP INTERNATIONAL PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 12 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.2p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,411,400 3.3363    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,411,400 3.3363    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.2p ORDINARY SALE 25,100 3068.2789p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 13 JUNE 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: US Lab Partners and SciSure Launch Strategic Partnership to Transform EHS Services and Lab Operations

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Mass., June 13, 2025 (GLOBE NEWSWIRE) — SciSure, the Scientific Management Platform (SMP) designed to unify scientific research, safety, operations, and compliance, today announced a strategic partnership with US Lab Partners, a leader in lab and facility operations and EHS (Environmental Health & Safety) consulting.

    Together, the organizations are launching a transformative “Virtual Incubator Model” that gives emerging and scaling life science organizations affordable access to world-class digital lab infrastructure and operational support.

    Unlocking Modern Lab Management for Scientific Entrepreneurs

    Emerging life science organizations have long faced a costly challenge: accessing high-quality EHS, lab operations, and compliance infrastructure before they have the resources or scale to support large software investments. The new SciSure and US Lab Partners collaboration eliminates this barrier. By combining SciSure’s comprehensive, scalable software suite with US Lab Partners’ expert consulting and implementation services, these organizations can now operate efficient, safe, and compliant labs from day one.

    “Our customers have often told us they needed digital infrastructure long before they had the budget or internal resources to manage it,” said Philip Meer, CEO of SciSure. “This partnership ensures they no longer have to choose between premium software or on-the-ground expert services – they get both, seamlessly integrated.”

    Better Together: A Complete Solution for Emerging Labs

    US Lab Partners provides deep, hands-on expertise in lab setup, operations, and EHS compliance. They become an extension of the customer’s internal team, guiding labs through complex requirements and day-to-day operations. SciSure complements this with an industry-leading platform encompassing Electronic Lab Notebooks (ELN), Laboratory Information Management Systems (LIMS), inventory tracking and EHS workflows, all in one secure and scalable environment.

    “Too often, emerging scientific companies are forced to rely on underpowered tools, systems that create data silos and are little more than glorified spreadsheets,” said Jon Zibell, Vice President of Global Alliances and Marketing at SciSure. “This partnership is designed to change that. We are delivering a seamless digital experience from day one, without sacrificing safety, compliance, or data integrity.”

    “Digitizing lab operations is no longer optional – it’s critical for continuity, safety, and scientific integrity,” said Demet Aybar, CEO and Founder of US Lab Partners. “Together with SciSure, we’re delivering world-class software and hands-on expertise that have traditionally been reserved for Big Pharma, now accessible to startups and academic innovators.”

    Impacting the Future of Scientific Innovation

    This partnership marks a pivotal shift in how scientific organizations can launch and operate. By eliminating the traditional burden of high costs, fragmented systems, and lack of technical resources, the Virtual Incubator Model accelerates innovation while reducing overhead and risk.

    Customers now gain access to a fully digital and seamlessly integrated record-keeping system from day one, end-to-end EHS and inventory management software and services, a robust LMS with training content library, tusted partners who bring both software and service to manage lab setup, safety, and compliance, as well as ELN, LIMS, SOP’s, and Sample Management built-in.

    “This model reflects our shared mission: to help brilliant science thrive without operational bottlenecks,” Aybar added. “We’re here to make world-class lab infrastructure available without compromise.”

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c90d15db-77a2-4060-ae1b-ef857a726874

    The MIL Network –

  • MIL-OSI: Elite Capital & Co. Limited Moves to 1 Cornhill After 12 Years at 33 St. James Square Amid Financial Sector Expansion

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 13, 2025 (GLOBE NEWSWIRE) — Mr. George Matharu, President and CEO of Elite Capital & Co. Limited, announced today that Elite Capital & Co. has relocated its headquarters from 33 St. James Square to the iconic 1 Cornhill, a landmark building in London’s financial district.

    “This move marks a pivotal moment in our growth. The expansion of our operations in the financial sector, coupled with the integration of NextGen Industrial Development Fund’s team into Elite Capital & Co. Limited, demanded exceptional scalability. 1 Cornhill provides the ideal environment to accommodate our ambitious vision and reinforce our leadership in global finance,” Mr. George Matharu said.

    Elite Capital & Co. Limited is a Financial Management company that provides project-related services, including Management, Consultancy, and Funding, particularly for large infrastructure and mega commercial projects.

    Elite Capital & Co. Limited offers a wealth of experience in Banking and Financial transactions and has a range of specialized advisory services for private clients, medium and large corporations as well as governments. It is also the exclusive manager of the Government Future Financing 2030 Program® and NextGen Industrial Development Fund™.

    Dr. Faisal Khazaal, Chairman of Elite Capital & Co., added, “Leaving 33 St. James Square is bittersweet, it’s where we built a legacy, sealing landmark deals that shaped our identity. Yet, 1 Cornhill represents a bold new chapter, mirroring Elite Capital’s stature not just in London, but as a global force in finance.”

    NextGen Industrial Development Fund redefines industrial financing by replacing debt with equity partnerships, empowering entrepreneurs to build factories without the burden of collateral or loan repayments. Targeting first-time industrialists and global firms expanding into MENA, NextGen provides end-to-end support, from land acquisition and infrastructure construction to cross-border financial solutions, ensuring projects thrive from day one.

    As a fund managed by Elite Capital & Co. Limited, NextGen’s innovative model aligns perfectly with Elite Capital’s vision for scalable, risk-shared growth. Together, they bridge the gap between visionary ideas and tangible industrial success, transforming the financial landscape for large-scale projects worldwide.

    Mr. George Matharu concluded his statement by saying: “Our new home is more than an address; it’s a testament to our clients, partners, and team who drive our success. We invite you to visit us at 1 Cornhill as we write the next era of excellence.”

    Contact Details –

    Elite Capital & Co. Limited
    1 Cornhill, City of London
    England, EC3V 3ND

    Telephone: +44 (0) 203 709 5060
    SWIFT Code: ELCTGB21
    LEI Code: 254900NNN237BBHG7S26

    Website: ec.uk.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5b39113-0481-40a1-9206-ad9b0619ebd8

    The MIL Network –