Category: GlobeNewswire

  • MIL-OSI: Synchronoss Added to Membership of US Small-Cap Russell 2000® Index

    Source: GlobeNewswire (MIL-OSI)

    BRIDGEWATER, N.J., May 29, 2025 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced that the company was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 30 as part of the 2025 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes.

    “Our inclusion in the Russell 2000® Index is a tremendous validation of our team’s relentless dedication and the significant progress we have made in executing our strategic vision,” said Jeff Miller, President and CEO of Synchronoss. “This important milestone not only enhances our visibility within the investment community but also reaffirms our business strategy focused on delivering innovative cloud solutions for telecom and mobile operators that leverage AI, machine learning and other core technologies.”

    Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

    For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

    About Synchronoss
    Synchronoss Technologies (Nasdaq: SNCR), a global leader in personal Cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Our SaaS Cloud platform simplifies onboarding processes and fosters subscriber engagement using artificial intelligence (AI), machine learning and other advanced features, resulting in enhanced revenue streams, reduced expenses, and faster time-to-market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content. Explore how our Cloud-focused solutions redefine the way you connect with your digital world at www.synchronoss.com.

    About FTSE Russell
    An LSEG Business, FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

    FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell.

    Media Relations Contact:
    Domenick Cilea
    Springboard
    dcilea@springboardpr.com

    Investor Relations Contact:
    Ryan Gardella
    ICR INC.
    ryan.gardella@icrinc.com

    The MIL Network

  • MIL-OSI: Monarch Private Capital Welcomes Michael Powley to Lead Data Innovation Across the Firm

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 29, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to announce that Michael Powley has joined the firm as Manager, Technology Innovation. In this newly created role, Powley will lead Monarch’s ongoing data transformation initiatives, driving the integration of cutting-edge technology solutions to optimize portfolio management, streamline business processes, and support strategic decision-making across the firm.

    Powley’s efforts will be central to advancing Monarch’s vision for a fully integrated, data-driven organization. While anchored in the Asset Management group, his work will extend firm-wide, designing and implementing systems that enhance visibility, reduce redundancy, and enable real-time insights across the investment lifecycle.

    “Monarch’s data analytics inform our decisions from the underwriting process all the way through project exit. Michael’s addition to Monarch demonstrates our commitment to integrating the best technology solutions available to leverage our data, eliminate latency, and drive value,” said Emily DiCenso, Managing Director of Asset Management at Monarch Private Capital. “His expertise will ensure we continue to differentiate ourselves in the industry with best-in-class policies and procedures that safeguard our investments and, in turn, our investors’ returns.”

    Michael Powley brings over a decade of experience in data governance, business intelligence, and process automation. Prior to joining Monarch, Powley spent seven years at Midwest Housing Equity Group (MHEG), where he developed automation frameworks, predictive analytics models, and AI-driven solutions for asset management and underwriting. He also held a pivotal role at Lowe’s, where he helped develop state-of-the-art selling and fulfillment platforms, revolutionizing inventory management and operational efficiency.

    At Monarch, Powley will continue his focus on building durable, intelligent systems that support the firm’s investment activities in affordable housing, renewable energy, and historic rehabilitation. His efforts will elevate Monarch’s ability to scale responsibly and remain at the forefront of industry innovation.

    “Monarch’s commitment to leveraging industry-leading technology that bridges the gaps between data, people, and decisions is what drew me to the firm,” said Powley. “I’m excited to help grow how Monarch uses analytics, automation, and AI to give our teams better tools to make our work easier, decisions clearer, and our impact even stronger.”

    Outside of work, Powley enjoys life in Omaha, Nebraska, with his wife and three kids. He stays actively involved in the community, collaborating with local non-profits to solve challenges and build practical, tech-driven solutions that support their missions.

    For more information about Monarch Private Capital, visit www.monarchprivate.com.

    About Monarch Private Capital

    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT
    Jane Rafeedie
    Monarch Private Capital 
    Jrafeedie@monarchprivate.com 
    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35fdda09-b1a3-4a1e-a21a-6fac74238697

    The MIL Network

  • MIL-OSI: Upexi Partners with Crypto-Native Marketing and Design Firm, GMI Digital, to Drive Solana-Focused Strategy

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., May 29, 2025 (GLOBE NEWSWIRE) — Upexi, Inc. (NASDAQ: UPXI), a brand owner specializing in the development, manufacturing, and distribution of consumer products with diversification into the cryptocurrency space, today announced that it has selected GMI Digital as its crypto-native marketing and design service provider.

    As Upexi advances its Solana-first strategy—offering investors scalable, transparent, and compliant exposure to $SOL—GMI Digital will lead initiatives across brand identity, digital presence, product UX/UI, and social media storytelling. The collaboration aims to sharpen Upexi’s narrative and strengthen its engagement with both institutional and crypto-native audiences.

    “As we scale Upexi’s vision to become the premier public company for Solana exposure, it was clear we needed a partner who deeply understands this ecosystem,” said Allan Marshall, CEO of Upexi. “GMI Digital stands out with a rare combination of crypto-native insight and executional excellence across design, product, and marketing. Their expertise makes them an ideal partner to sharpen our messaging strategy and connect with the communities that matter.”

    GMI Digital is a full-service crypto-native design and marketing firm that works with protocols, trading firms, and top-tier venture funds to elevate their digital presence, refine product experiences, and scale go-to-market efforts. Headquartered in New Jersey with global operations, GMI supports clients around the world.

    “We’re proud to partner with a team that understands both crypto culture and public company communication,” said Emily Readey, Principal and Head of Design at GMI Digital. “At GMI, we collaborate with some of the most ambitious teams in crypto—from early-stage projects to institutional trading desks—across product design, web development, and brand systems. Upexi is building something unique at the intersection of public markets and Solana, and we’re thrilled to help tell that story to the world.”

    GMI Digital’s track record mixes technical fluency with sharp design execution and high-impact storytelling. Their design ethos blends clarity, usability, and deep crypto context—skills now fueling GMI’s impact across the industry. Together, Upexi and GMI aim to set a new standard for what a crypto-native public company looks like.

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

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

    About GMI Digital
    GMI Digital is a crypto-native marketing and design studio headquartered in New Jersey with offices in Barcelona and Como, Italy. The firm serves leading protocols, trading firms, and venture funds across the digital asset ecosystem. From product and brand design to social and UX/UI strategy, GMI helps the next generation of internet-native businesses scale and communicate with confidence.

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

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

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

    The MIL Network

  • MIL-OSI: OSS Partners with U.S. Special Operations Command to Develop High Performance edge Computers (HPeC) for Austere Maritime Environments

    Source: GlobeNewswire (MIL-OSI)

    Partnership to develop rugged edge AI/ML compute solutions to improve cognitive dominance for U.S. Special Operations Forces

    Agreement aligns with OSS’ strategy to expand offerings and establish embedded relationships across the U.S. Department of Defense

    ESCONDIDO, Calif., May 29, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the Edge, today announced that the Company has entered into a Cooperative Research and Development Agreement (CRADA) with U.S. Special Operations Command (USSOCOM) to create advanced, durable High Performance edge Computer (HPeC) solutions that can process vast amounts of data quickly and efficiently in the field.

    Under the CRADA, OSS will demonstrate its current, cutting-edge AI and ML computing solutions designed specifically for rugged, edge environments to advance USSOCOM maritime platform performance and capabilities. The partnership leverages OSS’ expertise in designing Enterprise Class compute systems that operate in extreme conditions such as harsh climates or remote locations. Solutions under development will support a strategic initiative of USSOCOM, which seeks to enhance the situational awareness, decision-making, and operational capabilities of special operations forces (SOF) in maritime operations. By leveraging AI and ML at the edge, USSOCOM aims to improve cognitive dominance—enabling warfighters to process information faster than their adversaries, to make more informed decisions, and to ultimately achieve mission objectives with greater precision.

    “Our collaboration with USSOCOM will provide warfighters with more sophisticated and intelligent tools to improve their performance in increasingly complex and dynamic combat scenarios, thus reinforcing their competitive advantage on the battlefield,” commented Robert Kalebaugh, OSS VP of Sales. “SOF’s role within the U.S. Department of Defense continues to evolve across echelons, from man-worn to command center operations, and OSS is uniquely qualified to support the needs of U.S. Special Operation Forces.”

    “Today’s announcement also reflects our multi-year strategy focused on expanding our offerings and establishing relationships across all branches of the U.S. Armed Forces. The USSOCOM CRADA represents an important pillar as we continue to forge a relationship with one of the most innovative commands within the Department of Defense. We believe the Armed Forces will accelerate the adaptation of these types of Enterprise Class architecture which OSS provides for AI/ML, sensor fusion and autonomy applications across maritime, land, air, and space domains,” concluded Mr. Kalebaugh.

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

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

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

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

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

    Forward-Looking Statements
    One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to the potential of the Cooperative Research and Development Agreement with the U.S. Special Operations Command, and any actual revenue derived from the Agreement. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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

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

    The MIL Network

  • MIL-OSI: UNICOM Engineering Recognized on CRN’s 2025 Solution Provider 500 List for Excellence in Technology Integration

    Source: GlobeNewswire (MIL-OSI)

    CANTON, Mass., May 29, 2025 (GLOBE NEWSWIRE) — UNICOM Engineering, a global leader in application platforms, purpose-built systems, and lifecycle support services for software developers, data center infrastructure providers, and OEMs, proudly announces its inclusion in the 2025 Solution Provider 500 list by CRN®, a brand of The Channel Company.

    The CRN Solution Provider 500 is an annual ranking of the top solution providers in North America by revenue, serving as a key benchmark for the IT channel’s most influential and innovative organizations. This year’s honorees represent a combined revenue exceeding $540 billion and are recognized for their ability to adapt, scale, and lead in a rapidly evolving technology landscape.

    For over 30 years, UNICOM Engineering has empowered solution builders to turn their ideas into reality, faster and more efficiently. With a full range of services—from solution design and regulatory compliance to server integration, logistics, global support, and business analytics—UNICOM Engineering enables its partners to focus on innovation while ensuring operational excellence. Strategic alliances with industry leaders such as Dell Technologies and Intel further enhance the company’s ability to deliver AI infrastructure solutions at scale, ensuring businesses have the tools they need to thrive.

    “We’re truly honored to be recognized by CRN once again—it’s a testament to the dedication of our team and the meaningful partnerships we’ve built with our customers,” said Rusty Cone, General Manager of UNICOM Engineering. “As the technology landscape continues to evolve, especially with the rise of AI and next-gen infrastructure, we’re focused on helping our customers stay ahead of the curve. This recognition motivates us to keep pushing boundaries and delivering real value where it matters most.”

    “The Solution Provider 500 list spotlights the technology integrators, managed service providers, value-added resellers, and IT consulting firms who bring in the most revenue by leading the way in business and service innovation,” said Jennifer Follett, VP, U.S. Content, and Executive Editor, CRN, The Channel Company. “Recognition is reserved for companies demonstrating an unwavering commitment to business agility and sustained growth through rapidly changing industry needs and technology advancements. Congratulations go to each company for earning a well-deserved spot on the Solution Provider 500.”

    The 2025 Solution Provider 500 list is available online at https://www.crn.com/sp-500/sp2025, and a selection of the honorees will be featured in the June issue of CRN Magazine.

    About UNICOM Engineering
    UNICOM Engineering is a leading provider of purpose-built application platforms, appliances, and life cycle deployment services for solution providers and OEMs serving the global data center, storage, security, communications, video, and healthcare IT markets. We are best known for our solution design technologies, integration expertise, and unique deployment capabilities. Our turnkey platforms and appliances are designed for longevity and backed by life cycle management services. We create products and business solutions that solve deployment challenges, accelerate time to market, reduce ownership costs, and increase business efficiencies.

    UNICOM Engineering and the UNICOM Engineering logo are trademarks of UNICOM Engineering, Inc.

    About The Channel Company

    The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

    Follow The Channel Company: X and LinkedIn

    © 2025 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved.

    Media Contacts

    UNICOM Engineering Contact:
    Lisa Ryan
    lisa.ryan@unicomengineering.com

    The MIL Network

  • MIL-OSI: Genesis Future-Proofs Reporting Functions in Financial Applications

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) — Genesis Global, the AI-native application development platform purpose-built for financial markets organizations, announced that end-users now have full control over creating, modifying and distributing reports driven by application data. This capability makes firms more responsive to business and client needs.

    Traditionally, developers need to modify application code when reporting requirements inevitably change. That is no longer the case for applications built with the Genesis platform.

    “This fundamental shift in how we address reporting is part of a platform-wide initiative to use AI and other technologies to make businesspeople in financial firms more autonomous in building and adapting software applications,” said Tej Sidhu, Chief Technology Officer at Genesis Global. “The component-based architecture in Genesis gives us unique ability to transform application subfunctions, like reporting. It also provides a controlled framework for AI to assist domain experts in building applications, especially those that replace spreadsheet-driven processes, and inherent guardrails that govern how AI agents interface with Genesis applications.”

    The reengineered Reporting Component creates any type of document driven by application data. These range from simple data-focused reports like CSV or Excel files for internal teams to graphic-rich, client-facing documents like trade confirmations, invoices and portfolio proposals.

    The component’s UI-based toolkit gives end-users direct control over configuring, designing, scheduling and distributing their reports. Specifically, users can:

    • Select and filter the application data they want in a report
    • Format how data is presented in a report
    • Create the report style, including graphics, logos, etc.
    • Define file type, including files uploadable to other applications
    • Choose distribution channel (email, screen alert, document library)
    • Schedule when reports are generated and distributed
    • View an archive of previously generated reports

    In delivering this transformative reporting capability, Genesis provides multiple benefits to clients, including:

    • Making businesses more responsive to client requests, because they can produce a custom report on demand
    • Improving data-driven decision making, because the business can easily get the report they want, when they want it
    • Freeing developer capacity, because IT staff don’t need to re-code applications when reporting needs change

    “In a traditional application and data management environment, reporting is a static operation and when needs change, you need technical experts to rework the system,” explained Jay Taylerson, Principal Platform Product Manager at Genesis Global. “With our technology, not only is the application itself flexible, but we empower end-users with direct control over reporting functions.”

    The component-based architecture of the Genesis platform makes it easy to add the Reporting Component and all that it offers to application builds. When Genesis updates a component, like Reporting, it is automatically delivered to users’ platform libraries.

    In the Genesis Application Platform, Reporting typically is used in conjunction with other document- and workflow-related components, including Document Management, Document Generation and Notifications & Alerts.

    A short Genesis video shows how intuitive it is for an end-user to create a report, select data, change report templates, schedule and distribute the report.

    About Genesis Global
    Genesis Global enables financial markets organizations to innovate at speed through its AI-native software application development platform and deep expertise in capital markets and financial services. In supercharging developers and non-technical domain experts to rapidly deliver high-performance, resilient and secure applications, Genesis replaces the buy vs. build challenge with a buy-to-build solution.

    The Genesis platform is designed with flexibility and performance at its core, providing the frameworks, integrations and components required to automate manual workflows, enhance legacy systems and build entirely new applications. Featuring a resilient, real-time service-oriented architecture, Genesis excels across the performance envelope of low-latency, high-throughput and high-scalability, powering mission-critical applications at the world’s leading financial institutions.​

    Strategically backed by Bank of America, BNY Mellon and Citi, Genesis Global has offices in London, New York, Miami, Charlotte, São Paulo, Dublin and Bengaluru.

    Media contact:
    Alex Paidas, Corporate Communications, Genesis Global
    alex.paidas@genesis.global    +1 646 246 4889

    The MIL Network

  • MIL-OSI: XRP News: Nimanode Presale Explodes, Buy $NMA Before Exchange Listings

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, May 29, 2025 (GLOBE NEWSWIRE) — As XRP’s bullish momentum electrifies the crypto market, Nimanode is rapidly emerging as one of the most anticipated DeFi projects on the XRP Ledger. Following a strong and successful start to its token launch, the $NMA presale is still underway, gaining traction as excitement builds across the DeFi landscape. There’s still an opportunity to secure tokens ahead of upcoming exchange listings and expected price surges.

    Nimanode is Building the first zero-code platform to deploy autonomous AI agents on the XRP Ledger (XRPL). Built for anyone from non-techies, developers, to entrepreneurs to build, deploy AI agents that simplify, secure and strategize their Web3 experience.

    What makes Nimanode different isn’t just its AI or even its blockchain integration. It boasts of a hybrid model (off-chain & on-chain) that allows AI agents to act independently, adapt to on-chain events, and perform real work for users and organizations alike.

    Buy $NMA on the Presale Page

    A Standout DeFi Protocol

    Built natively on XRPL, Nimanode leverages the blockchain’s speed, low fees, and scalability to enable high-frequency, low-latency AI agent execution. The platform’s agents are capable of:

    • Executing smart contracts via XRPL Hooks
    • Scanning wallets and tokens for real-time risk
    • Monitoring compliance in tokenized real-world assets (RWAs)
    • Managing liquidity and maximizing APY across XRPL protocols
    • Operating 24/7 as decentralized customer support interfaces

    Join $NMA Presale Now

    Don’t Miss Out Nimanode Presale

    With a total of 90 million $NMA representing 45% of $NMA allocated for the presale, this marks a unique and promising chance to claim early access into one of XRP Ledger’s most innovative projects, spearheading the AI ecosystem on the blockchain. This is a chance to invest in $NMA before its DEX Listing at 25% higher value.

    Joining in the NimaNode Presale is quite straightforward

    Setup an XRP-Compatible Wallet: Ensure you have a non-custodial wallet capable of receiving XRP native tokens (e.g., Xaman, Trust Wallet, or Ledger).

    Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit.

    Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

    There is a Limited Time Period of 30 Days for the Presale and it’s pricing is going at 1 XRP = 450 $NMA

    Final Word

    As XRP is poised for massive institutional adoption, XRP ETFs and Futures fueling momentum, building on the Blockchain ensures Nimanode reaches its full potential. Do not miss out on any updates regarding Nimanode by ensuring you follow their various communications channels.

    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/b30333a9-090a-4aee-9a62-e3e48c369b0e

    The MIL Network

  • MIL-OSI: NANO Nuclear Energy Closes $105 Million Common Stock Private Placement

    Source: GlobeNewswire (MIL-OSI)

    NANO Nuclear’s cash position at over $210 Million, which will fuel the company’s continued innovations in the advanced nuclear energy sector 

    Financing included primary participation from fundamental institutional investors, including a pre-eminent global investment manager and a leading long-only mutual fund

    New York, N.Y., May 29, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company, today announced the closing of its previously announced common stock private placement for gross proceeds of approximately $105 million, before deducting offering expenses. Net proceeds to NANO Nuclear are expected to be approximately $99 million.

    Primary participation in the private placement came from fundamental institutional investors, including a pre-eminent global investment manager and a leading long-only mutual fund. In the private placement, NANO Nuclear sold 3,888,889 shares of common stock at a purchase price of $27.00 per share.

    The proceeds from this financing significantly boosts NANO Nuclear’s cash on hand to over $210 million. With these resources, NANO Nuclear will be able to more readily advance its cutting-edge micro nuclear reactors and auxiliary nuclear energy-related businesses, as well as seek complimentary acquisitions and drive growth towards initial revenue generation.

    Figure 1 – NANO Nuclear Energy Inc. Closes $105 Million Common Stock Private Placement

    “We are very grateful to have secured this new capital, our largest funding round yet, which was also completed at our highest financing valuation to date and puts our cash on hand at over $210 million,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “This achievement was made possible through the participation of well known, long term fundamental institutional investors who understand not only the nuclear energy renaissance we are participating in, but the specific potential for NANO Nuclear’s technologies and business plans. We expect this capital will accelerate our near- and longer-term valuation catalysts, particularly given the high technology readiness level of our KRONOS MMR microreactor (being developed in conjunction with University of Illinois Urbana-Champaign) and our planned commencement of geological site characterization activities, including subsurface drilling investigations, for this reactor, which would be first research microreactor built on campus grounds in the U.S by an advanced reactor company. These activities will lead to the submission of our KRONOS MMR construction permit applications to the Nuclear Regulatory Commission thereafter. We also applaud last week’s presidential executive orders aimed at boosting nuclear energy in the U.S. and streamlining nuclear regulation, which will drive tailwinds for us and the entire nuclear energy sector in coming years. Our mission to become a leading, diversified, and vertically integrated advanced nuclear energy company has taken another large step forward, and we look forward to deploying our capital to drive innovation in our industry and value for our stockholders.”

    Titan Partners Group, a division of American Capital Partners, acted as the sole placement agent for the offering. Ellenoff Grossman & Schole LLP acted as counsel to NANO Nuclear, and Lucosky Brookman LLP acted as counsel to the placement agent.

    The securities sold in the private placement have not been registered under the Securities Act of 1933, as amended, or state securities laws and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC by June 10, 2025 covering the resale of the shares of common stock issued in the private placement.

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

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further information, please contact:
    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy TWITTER

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release or related events contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the anticipated benefits to the Company of private placement financing described herein, as well as statements regarding the anticipated benefits of nuclear regulatory reform and the potential fulfillment of Company’s business plans) related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations and advance our plans, (iv) risks related to uncertainty regarding our ability to technologically develop, gain registered intellectual property protection for, and commercially deploy competitive advanced nuclear reactor and other technology in the timelines we anticipate, if ever, (v) risks related to U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, and including those associated with the recently enacted ADVANCE Act and the May 23, 2025 presidential executive orders seeking to support U.S. nuclear energy, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network

  • MIL-OSI: Sagtec Accelerates AI Expansion with Proposed Acquisition of Agentic AI Software Company

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, May 29, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced that it has signed a term sheet for the proposed acquisition of Smart Bridge Technology Limited (“Smart Bridge”), a fast-growing agentic AI software Company. Under the terms of the proposal, Sagtec intends to acquire Smart Bridge at approximately 10 times the price-to-earnings (PE) ratio for consideration of US$17.6 million, subject to the execution of a definitive agreement and customary closing conditions.

    This proposed acquisition is set to transform Sagtec from a data systems provider into a full-spectrum AI technology leader, capable of delivering predictive, real-time intelligence to businesses across Asia. With Smart Bridge’s proven AI engine and high-margin software business, Sagtec positions itself at the intersection of AI innovation and real-world commercial application, unlocking a multi-billion-dollar total addressable market (TAM) in behavioral analytics, decision automation, and intelligent enterprise software.

    Sagtec currently supports thousands of F&B outlets and retailers through its industry-leading point-of-sale (POS) and backend platforms, generating vast volumes of structured consumer and transaction data. The acquisition of Smart Bridge will supercharge Sagtec’s ecosystem, enabling the Company to:

    • Deliver automated business intelligence to its F&B clients
    • Launch AI-driven menu optimization, upselling strategies, and supply forecasting
    • Detect and prevent revenue leakage via behavioral fraud analytics and anomaly detection
    • Enter new verticals including logistics, fintech, and hospitality with customizable AI modules

    With this proposed acquisition, Sagtec broadens its TAM beyond retail into high-growth sectors where predictive analytics and behavioral intelligence are crucial. Markets and Markets projects the global AI retail market will reach US$43 billion by 2032, International Data Corporation estimates the SME-focused AI software market will exceed US$25 billion, and Grand View Research forecasts the intelligent POS and behavioral analytics market to surpass US$65 billion. Together, these markets offer Sagtec significant opportunities to leverage Smart Bridge’s AI capabilities and expand into new, monetizable verticals.

    This initiative aligns with the rapid expansion of the Artificial Intelligence sector, driven by increasing digital adoption, growing enterprise awareness of AI’s transformative potential, and rising reliance on mobile platforms. Concurrently, demand for mobile-first, intelligent enterprise software is surging, reshaping how businesses compete and operate in an increasingly digital landscape.

    Smart Bridge has demonstrated strong financial and operational performance, reporting a net profit of US$2.1 million, showcasing the high efficiency and scalability of its AI-driven business model. The company continues to expand its growing client base across Asia, with its scalable AI engine successfully deployed in multiple high-volume environments, further validating the commercial viability and adaptability of its technology.

    “This acquisition accelerates Sagtec’s vision of becoming the AI-first enterprise platform of the future. We’re not just building tools, we’re engineering intelligence that empowers everyday operators to predict, optimize, and monetize every transaction. It marks a transformative chapter for Sagtec, where we move beyond facilitating business to fundamentally reshaping it, unlocking new revenue streams and driving smarter, data-driven growth across industries,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec.

    About Smart Bridge Technologies Limited

    Smart Bridge Technologies is a Malaysian-based AI and software development company providing agentic software, enterprise-grade IT solutions, and digital transformation services. The company specializes in AI-powered automation, systems integration, and tailored digital consulting.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    The MIL Network

  • MIL-OSI: Bitget Wallet and Coinpal Partner to Expand Crypto Payments Across 6,000+ Online Merchants

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 29, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has announced a partnership with Coinpal, a global crypto payments platform, to expand the use of digital currencies in online commerce. The collaboration integrates Coinpal’s network of over 6,000 merchants into Bitget Wallet’s growing payment ecosystem, with Coinpal acting as a channel partner for Paydify — Bitget Wallet’s merchant infrastructure.

    The integration allows Bitget Wallet users to spend crypto directly at thousands of online stores, with merchants like the gaming marketplace IGV.com already featured in-app. The partnership extends access to Coinpal-supported businesses across sectors such as gaming, electronics, fashion, and digital services, streamlining crypto payments for both consumers and merchants.

    Bitget Wallet is rolling out a full suite of crypto payment tools, centered around its ‘Scan to Pay’ feature that enables users to scan QR codes and complete purchases directly in crypto. Bitget Wallet will soon support Solana Pay and national QR code systems in selected markets, allowing users to pay in either digital assets or local currencies with automatic conversion and minimal fees.

    “We’re not just helping people store or trade crypto — we want them to use it,” said Alvin Kan, COO of Bitget Wallet. “Our work with Coinpal makes crypto payments more accessible, giving users more real-world ways to spend their assets. With tools like Scan to Pay, we’re removing friction and making crypto usable in daily life.”

    Coinpal provides an all-in-one platform for businesses to accept, process, and settle cryptocurrency transactions while maintaining regulatory compliance. The company holds multiple licenses, including EU EMI and VASP, ensuring secure and compliant operations across borders. Its clients include listed companies and major merchants in virtual services and consumer sectors. “Partnering with Bitget Wallet gives our merchants exposure to one of the most active user bases in Web3,” said Oisin, CEO of Coinpal. “It’s a major step in turning crypto into a trusted, everyday payment option.”

    Coinpal joins the partnership as a channel partner for Paydify, a decentralized payment gateway working with Bitget Wallet to onboard crypto-accepting merchants. Paydify enables businesses to accept crypto via unified QR codes or APIs, with instant stablecoin settlement. “Partnering with Coinpal and Bitget Wallet helps expand Paydify’s reach and makes crypto payments easier for merchants worldwide,” said Pakning Luk, Strategy Director of Paydify.

    Looking ahead, Bitget Wallet and Coinpal plan to grow their merchant base, improve user experience, and expand into offline retail environments. The collaboration is part of Bitget Wallet’s broader strategy to transform itself into a full-service platform for trading, earning, and spending digital assets — making crypto accessible to everyone.

    Find out more on Bitget Wallet’s official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook
    For media inquiries, contact media.web3@bitget.com

    About Coinpal
    Coinpal.io is an all-in-one platform to help global merchants accept, process and settle cryptocurrencies in their business. With a network of over 6,000 merchants, Coinpal.io serves industries including mining hardware, DePIN, forex, RWA, 3C products, fashion, home goods, beauty and personal care, entertainment, as well as virtual services like gaming and software. Its clientele includes publicly listed companies such as Bgin and industry leaders like IGV in gaming.

    Learn more at: https://coinpal.io

    About Paydify
    Paydify is a universal gateway enabling crypto payments across all wallets and blockchain networks. Built for both online and offline merchants, Paydify provides instant settlement and universal connectivity — making crypto payments practical for global commerce. Paydify operates with a mission to unify the fragmented blockchain ecosystem and make digital payments accessible to businesses everywhere.

    For more info, visit www.paydify.com and follow us on LinkedIn and X
    For media and partnership inquiries, please contact: partnerships@paydify.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d771b365-c72b-4d8a-929b-460a635ceceb

    The MIL Network

  • MIL-OSI: Eos Energy Enterprises, Inc. Announces Proposed Offering of Common Stock

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., May 29, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”) today announced that it has commenced a $75,000,000 common stock offering (the “Offering”). The Offering is being made pursuant to the Securities Act of 1933, as amended (the “Securities Act). The Company expects to grant the underwriters of the Offering, a 30-day option to purchase up to an additional $11,250,000 of common stock, at the public offering price, less the underwriting discounts. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when either the Offering may be completed, if at all, or as to the actual size or terms of the Offering.

    Eos expects to use the net proceeds from the Offering, together with the net proceeds from the offering of the notes referred to below, if it is consummated, (i) to repurchase its outstanding 5%/6% Convertible Senior PIK Toggle Note due 2026 in privately negotiated transactions; (ii) to prepay a portion of the amount due under its credit agreement, dated June 21, 2024, by and between Eos and CCM Denali Debt Holdings, LP (the “Credit Agreement”); and (iii) for general corporate purposes. Upon a prepayment of $50 million of outstanding borrowings under the Credit Agreement, the PIK interest rate under the Credit Agreement will decrease from 15% to 7% and the financial covenants thereunder will be waived until 2027. CCM Denali Equity Holdings, LP has agreed that upon the consummation of the offering it will not transfer any securities issued to it under the Securities Purchase Agreement, dated June 21, 2024, between the Company and CCM Denali Equity Holdings, LP prior to June 21, 2026.

    In a separate press release, Eos also announced today its intention to offer, in a separate, private offering to persons reasonably believed to be qualified institutional buyers, subject to market and other conditions, $175,000,000 aggregate principal amount of convertible senior notes due 2030 (the “notes”), plus up to an additional $26,250,000 aggregate principal amount of notes that the initial purchasers of the note offering have the option to purchase from Eos. The completion of the offering of common stock is not contingent on the completion of the offering of the notes, and the completion of the offering of notes is not contingent on the completion of the offering of common stock. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any notes or shares of common stock, if any, issuable upon conversion of the notes.

    Jefferies and J.P. Morgan are acting as joint lead book-running managers for the Offering.

    The Company is conducting the Offering pursuant to an effective shelf registration statement, including a base prospectus, under the Securities Act of 1933, as amended. The Offering is being made only by means of a separate prospectus supplement and the accompanying prospectus. Copies of the preliminary prospectus supplement and accompanying prospectus relating to the Offering may be obtained by contacting Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388 or by email at prospectus_department@jefferies.com; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com. Before you invest in the Offering, you should read the applicable prospectus supplement relating to the Offering and accompanying prospectus, the registration statement and the other documents that the Company has filed with the Securities and Exchange Commission as incorporated by reference therein, for more complete information about the Company and the Offering. Investors may obtain these documents for free by visiting the SEC’s website at www.sec.gov.

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

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey.

    Forward-Looking Statements

    This press release includes forward-looking statements, including statements regarding the anticipated terms of the notes being offered, the completion, timing and size of the proposed offering and the intended use of the proceeds. Forward-looking statements represent Eos’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the trading price and volatility of Eos’s common stock and risks relating to Eos’s business, including those described in periodic reports that Eos files from time to time with the SEC. Eos may not consummate the proposed offering described in this press release and, if the proposed offering are consummated, cannot provide any assurances regarding the final terms of the offering or the notes or its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and Eos does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law.

    The MIL Network

  • MIL-OSI: Eos Energy Enterprises, Inc. Announces Proposed Convertible Senior Notes Offering

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., May 29, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”) today announced its intention to offer, subject to market and other conditions, $175,000,000 aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Eos also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $26,250,000 aggregate principal amount of notes.

    The notes will be senior, unsecured obligations of Eos, will accrue interest payable semi-annually in arrears and will mature on June 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. Eos will settle conversions by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock, at Eos’s election.

    The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Eos’s option at any time, and from time to time, on or after June 20, 2028 and on or before the 41st scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Eos’s common stock exceeds 130% of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

    If certain corporate events that constitute a “fundamental change” occur, then, subject to a limited exception, noteholders may require Eos to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date.

    The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering.

    Eos expects to use the net proceeds from the offering of notes, together with the net proceeds from the underwritten public offering of common stock referred to below, if it is consummated, (i) to repurchase its outstanding 5%/6% Convertible Senior PIK Toggle Note due 2026 in privately negotiated transactions; (ii) to prepay a portion of the amount due under its credit agreement, dated June 21, 2024, by and between Eos and CCM Denali Debt Holdings, LP (the “Credit Agreement”); and (iii) for general corporate purposes. Upon a prepayment of $50 million of outstanding borrowings under the Credit Agreement, the PIK interest rate under the Credit Agreement will decrease from 15% to 7% and the financial covenants thereunder will be waived until 2027. CCM Denali Equity Holdings, LP has agreed that upon the consummation of the offering it will not transfer any securities issued to it under the Securities Purchase Agreement, dated June 21, 2024, between the Company and CCM Denali Equity Holdings, LP prior to June 21, 2026.

    In a separate press release, Eos also announced today its intention to offer, in a separate, underwritten public offering, subject to market and other conditions, $75,000,000 of its common stock, plus up to an additional $11,250,000 of its common stock that the underwriters of the common stock offering have the option to purchase from Eos. The completion of the offering of the notes is not contingent on the completion of the offering of common stock, and the completion of the offering of common stock is not contingent on the completion of the offering of the notes. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any common stock in the public offering.

    The offer and sale of the notes and any shares of common stock issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, the notes or any shares of common stock issuable upon conversion of the notes, nor shall there be any sale of the notes or any such shares, in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful.

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey.

    Forward-Looking Statements

    This press release includes forward-looking statements, including statements regarding the anticipated terms of the notes being offered, the completion, timing and size of the proposed offerings and the intended use of the proceeds. Forward-looking statements represent Eos’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the trading price and volatility of Eos’s common stock, the satisfaction of the closing conditions related to the offerings and risks relating to Eos’s business, including those described in periodic reports that Eos files from time to time with the SEC. Eos may not consummate the proposed offerings described in this press release and, if the proposed offerings are consummated, cannot provide any assurances regarding the final terms of the offering or the notes or its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and Eos does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law.

    The MIL Network

  • MIL-OSI: Echo Labs Earbuds Reviews: Don’t Buy Yet Till You’ve Read This?

    Source: GlobeNewswire (MIL-OSI)

    New York City, May 29, 2025 (GLOBE NEWSWIRE) — The search for the perfect pair of wireless earbuds can be very daunting. With so many options on the market, promising everything from superior sound quality to unmatched comfort, it’s easy to get lost and confused. For many sound lovers and everyday listeners alike, the quest for high-quality wireless earbuds often leads to a disappointing reality. 

    Most times,  exceptional performance typically comes with a steep price tag. “While marketed as premium, most sophisticated earbuds from major brands often carry an exorbitant price, making features like immersive sound, reliable connectivity, and lasting comfort a costly luxury rather than an accessible one. This leaves many consumers settling for cheaper alternatives that often compromise sound quality, fit, durability, and battery life.

    For many who choose budget earbuds, the experience is riddled with frustrations from thin, underwhelming sound and weak bass to uncomfortable fits, constant Bluetooth dropouts, and batteries that quit long before the day ends. While the desire for rich, distortion-free audio and earbuds that can keep up with an active lifestyle is universal, expensive price tags have kept a truly premium listening experience out of reach.

    Echo Labs Audio Earbuds emerged in this landscape, promising to bridge the gap between high performance and affordability. They claim to offer “Premium Sound and Comfort Without the Premium Price,” challenging the notion that you must spend a fortune to get the best-sounding earbuds. 

    With advanced features typically found in more expensive models and backed by stellar testimonials from audio experts and verified customers, Echo Labs Audio Earbuds aims to provide superior audio quality, comfort, and durability at a fraction of the cost. Designed for everyday use, Echo Labs Earbuds combine cutting-edge technology like Bluetooth V5.2 and AI voice assist with a focus on comfort and reliability. 

    Based on verified consumer reports, Echo Labs Earbuds is rated high, legit and with an excellent 4.98 stars ratings making it one of the most preferred wireless earbuds available in the USA and Canada. 

    With rave reviews from audio experts and users alike, these earbuds are quickly becoming the go-to choice for those who demand quality without compromise. In this Echo Labs earbuds review, we’ll explore what makes EchoLabs Earbuds stand out from the competition, their features, benefits, and why they’re a must-have for anyone looking to enhance their audio experience.

    What Are the Echo Labs Earbuds? (Echo Labs Earbuds Reviews) 

    Echo Labs Earbuds are refined wireless earbuds developed to transform the standard for portable audio by offering a premium listening experience that rivals premium brands, but at a significantly more accessible price point. Echo Labs Earbuds are premium wireless earbuds designed to deliver exceptional sound quality, maximum comfort, and advanced functionality at a cost that’s accessible to everyone.

    Echo Labs Earbuds come equipped with touch controls for effortless management of music, calls, and voice assistants. Their compatibility with digital assistants like Siri or Google makes hands-free control simple and intuitive.  Echo Labs Earbuds also boast a modern, ergonomic design that offers comfort for extended use. Whether you’re using them for work, leisure, or travel, Echo Labs Earbuds is well well-optimized to deliver. 

    Every reviewer emphatically points that Echo Labs are specifically crafted as a solution for individuals who demand exceptional sound performance, reliable wireless connectivity, and comfortable, secure wear across daily activities, whether commuting, engaging in workouts, or simply relaxing and enjoying media.

    EchoLabs Earbuds are committed to offering superior audio quality and comfort without the hefty price tag. This is achieved by integrating sophisticated audio technology that produces rich, detailed sound with impactful bass and crisp highs, a design focused on ergonomic comfort and a stable fit for all ear types, and robust durability features like resistance to rain and sweat. 

    Each pair has a protective charging case that secures the earbuds and significantly extends their operational time, ensuring they are always ready. Echo Labs Earbuds is an affordable alternative, making top-tier wireless audio accessible to all by combining exceptional sound and dependable performance for everyday listening, minus the steep investment.

    CLICK HERE TO BUY YOUR ECHOLABS EARBUDS FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT OFFER TODAY 

    How Does Echo Labs Earbuds Actually Work? (Echo Labs Earbuds Reviews)

    Echo Labs Earbuds legitimately work by using Bluetooth 5.2 technology to wirelessly connect to your devices, such as smartphones, tablets, or laptops to deliver high-quality sound and performance. Echo Labs Earbuds have been rigorously tested and proven to work efficiently in a variety of environments. 

    Based on Echolabs’ features, the expert endorsements, and the overwhelming positive customer testimonials, the evidence strongly indicates that Echo Labs Earbuds effectively deliver on their promise of high-quality sound and performance.  We could not agree more.

    The integration of 10mm drivers, low impedance, and an ultra-wide frequency response is a technical specification commonly linked with earbuds capable of producing detailed and powerful audio, including deep bass and crisp highs, which aligns with the claim of “Three-Dimensional Sound” and “HD Audio.”

    Validation from audio experts, such as Paul, a pro audio engineer who recommended them and stated they were “better than his big brand ones,” provides impressive credibility to the sound quality claims. Many Echo Labs users have consistently reported satisfaction with its performance, highlighting its ability to provide high quality audio sound and performance. 

    Finally, all reviewers attest that Echo Labs Earbuds are indeed top-rated wireless earbuds that offer Best-in-Class performance at a negligible price. With a robust battery capacity, the echo labs earbuds also provide incredible audio to ensure you will hear every sound from the lowest bass drum to the highest-pitched singer. It offers everything a unique earbud offers while ensuring you pay less.

    Let’s Review The Key Features of Echo Labs Audio Earbuds (EchoLabs Earbuds Reviews)

    Echo Labs Earbuds are equipped with several cutting-edge features engineered to deliver a high-quality audio experience and practical functionality that shines in the market:

    • Three-Dimensional Sound: This key feature is designed to provide a deeply engaging listening experience. Creating depth and spatial awareness in the audio makes music, audiobooks, podcasts, and other media feel more dynamic and lifelike, drawing you into the sound.
    • Long-Lasting Battery Life: Engineered to support prolonged listening sessions, Echo Labs earbuds offer excellent playtime on a single charge, capable of powering through even the longest podcasts or workout sessions. This exceptional performance is further enhanced by a protective charging case, which provides multiple recharges on the go, ensuring your audio is available for days without needing a power outlet.
    • Superior Comfortable and Customizable Fit: Echo Labs prioritizes user comfort and a secure fit. This allows for a custom, snug fit tailored to individual ear shapes, preventing the discomfort often associated with poorly fitting earbuds and ensuring they remain securely in place during vigorous activities like running or training.
    • Reliable Bluetooth V5.2 Connectivity: Echo Labs uses the latest Bluetooth technology (Version 5.2), ensuring a fast, stable, and consistent wireless connection with your audio devices. This improved connectivity reduces frustrating audio dropouts and pairing issues, providing a seamless and uninterrupted listening experience.
    • Rain & Sweat Resistance (Weather-Resistant): It is built with durable materials and a design that protects against moisture. This makes EchoLabs Earbuds suitable for workouts, outdoor activities, or use in various weather conditions, ensuring functionality and longevity even in challenging environments.
    • Protective Charging Case: The included case serves a dual purpose: it provides a safe place to store and protect your earbuds when not in use, and it acts as a portable power bank, offering multiple recharges to the earbuds, significantly extending their total usage time before needing to connect to a power source.
    • Powerful, Distortion-Free Audio Performance: with low impedance (specifically between 16-32 ohms), these earbuds handle higher volumes without introducing visible distortion. This allows users to enjoy their audio at their preferred loudness while maintaining clarity and sound integrity.
    • Ultra-Wide Frequency Response (20Hz-20kHz): Covering the full spectrum of human hearing, this wide frequency response ensures that the earbuds can precisely reproduce both the deepest bass tones (down to 20Hz) and the crispest high frequencies (up to 20kHz). This results in a balanced, detailed, and impactful audio profile that improves the listening experience across all genres and media types, contributing to the stunning 3D sounds.
    • 10mm Drivers:  Echo Labs earbuds are built with optimally sized 10mm drivers. These larger, high-quality drivers are essential for delivering clear, balanced, and impactful audio performance, providing a richer sound experience than smaller or less advanced drivers found in many conventional earbuds.
    • Integrated AI Voice Assist: For added convenience, EchoLabs earbuds feature AI Voice Assist compatibility. This allows for hands-free control of music playback, managing phone calls, and accessing your device’s voice assistant (such as Siri or Google Assistant) using simple voice commands, streamlining your interaction with your device while in transit or during workouts.
    • High-Definition (HD) Audio: Providing superior sound quality with enhanced detail and clarity, the HD Audio feature ensures that nuances in music and spoken word are reproduced accurately, contributing to a more immersive and enjoyable overall audio experience.

    Why Should You Buy Echo Labs Earbuds? (Echolabs Earbuds Reviews) 

    You should consider buying Echo Labs Audio Earbuds if you are seeking a high-quality wireless earbud experience that offers excellent sound, comfort, and reliability for various uses, but are unwilling to pay the high prices of premium brands. 

    If you’ve been disappointed by the audio quality, poor fit, or short battery life of cheaper earbuds, EchoLabs provides an appealing upgrade with features like 3D sound, a truly comfortable and secure fit for active lifestyles, and a long-lasting battery.

    Many consumer reports online say that Echo labs earbuds are decked out with all the latest advances in audio technology to deliver the clearest full stereo-quality sound with noise cancellation features. Echo labs earbuds are dependable, lightweight, and comfortable for any user.

    EchoLabs earbuds are designed to offer a snug, customizable fit with adjustable ear tips that adapt to the user’s ear shape. This not only makes echo labs earbuds more comfortable for prolonged use but also enhances the listening experience by minimizing external noise.

    Furthermore, they’re engineering is tough enough to withstand rain and sweat, so they’re perfect for workouts or outdoor fun. Plus, handy AI voice assist and clear call quality make them great for everyday use. When you pick Echo Labs, you’re getting a product experts love, thousands of happy users praise, and the same features you’d find in pricier earbuds all at an affordable price. 

    Let’s Review The Unbeatable Benefits of Using Echo Labs Earbuds  (EchoLabs Reviews) 

    Using Echo Labs Audio Earbuds offers a wide range of impressive benefits, providing a premium listening experience and practical functionality for various aspects of your life:

    • Provides Premium, immersive Audio Quality: Arguably, the most appealing benefit of Echo Labs is that it delivers excellent sound that competes with much more expensive options. They’re built around sturdy 10 mm drivers, a low-impedance design for strong, distortion-free output, and a wide 20 Hz–20 kHz frequency range that delivers deep bass and clear highs, resulting in immersive 3D HD sound.
    • Enjoy Superior Comfort for Extended Wear: Designed with adjustable, custom-fit ear tips, Echo Labs ensures a comfortable and secure fit that can be worn for long periods without discomfort. This is a compelling advantage over poorly fitting earbuds and is essential for long movements or listening sessions. 
    • Long-Lasting Battery Life: Echo Labs provides durable listening times. The long-lasting battery ensures your audio is available for long periods on a single charge, and the portable charging case provides multiple recharges, ensuring your audio is available for days. Dustin B. exclaimed about the “HUGE battery life” and noted he hasn’t run out of battery since switching.
    • Ensure Reliable Connectivity: Employing the latest Bluetooth V5.2 technology, the earbuds offer a stable and quick connection to your devices, reducing frustrating audio dropouts and ensuring a seamless listening experience. Emma R. found they “connect to my phone and laptop fast and easy,” highlighting the ease and reliability of pairing.
    • Stay Active in Any Weather with Durability: The rain and sweat-resistant design means you don’t have to worry about damaging your earbuds during strenuous workouts, runs, or unexpected weather. Austin N., a Certified Personal Trainer, recommends them specifically because they are “secure for workouts, phenomenal sound quality, and they’re sweat and water-resistant. Incredible quality,” making them a reliable companion for an active lifestyle.
    • Enhance Productivity and Convenience with AI Voice Assist:  The hands-free AI voice assist feature allows you to control music, manage calls, and access your device’s assistant using simple voice commands without physically touching your phone. This adds a layer of convenience, especially when you’re busy, working out, or have your hands full.
    • Enjoy Clear Phone Calls: Equipped with high-definition microphones, Echo Labs earbuds make phone calls loud and clear for both parties, eliminating the struggle to hear or be heard in noisy environments. This is suitable for both personal conversations and professional calls.
    • World-Class Sound Immersion for Gaming: Gamers will appreciate the world-class sound immersion offered by Echo Labs Earbuds. With their low latency, 10mm drivers, and 3D sound capabilities, they deliver precise audio cues and a rich gaming environment, giving players a competitive edge in fast-paced games.
    • Perfect for Traveling: Designed with sound isolation and noise cancellation, these earbuds are perfect for travelers who want undisturbed listening. Whether on a flight, train, or long drive, EchoLabs Earbuds block out ambient noise, allowing users to enjoy their favorite content in peace.
    • Great for Podcasts and Audiobooks: EchoLabs Earbuds are perfect for podcast and audiobook enthusiasts. Their comfortable fit and long-lasting battery life allow uninterrupted listening for hours, whether you’re diving into a gripping mystery, learning from a thought-provoking podcast, or relaxing with a classic novel.
    • Ideal Christmas or Birthday Gift: With their sleek design, advanced features, and practicality, EchoLabs Earbuds make a thoughtful gift for friends and family. Their versatility appeals to all age groups, making them a perfect choice for Christmas or birthdays. 

    CLICK HERE TO BUY YOUR ECHOLABS EARBUDS FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT OFFER TODAY 

    How Do You Use Echo Labs Earbuds (EchoEarbuds Reviews)

    Using EchoLabs Audio Earbuds is incredibly simple and intuitive, even for those who aren’t tech-savvy. These earbuds are designed to offer a seamless experience from the moment you take them out of the box. Follow these easy steps to get started:

    • Pairing Your Echo Labs Earbuds: Open the charging case to activate the earbuds. Enable Bluetooth on your device (smartphone, tablet, or laptop) and select “Echo Labs Audio Earbuds” from the list of available devices. Once paired, the earbuds will automatically connect to the same device whenever Bluetooth is enabled.
    • Charging the EchoLabs Earbuds: Place the earbuds back in the protective charging case when not in use. The case will automatically recharge the earbuds. To charge the case itself, connect it to a power source using the included USB-C cable. A fully charged case ensures multiple recharges for your earbuds on the go.
    • Using the AI Voice Assistant: Activate the AI voice assistant with a simple tap on the earbuds. Use voice commands to control music playback, answer or end calls, and check notifications without touching your device.
    • Managing Phone Calls: Answer calls with a quick tap on the earbuds. Tap again to end the call or hold the touch sensor to decline incoming calls. Enjoy crystal-clear audio on both ends, thanks to the high-definition microphone.
    • Controlling Music Playback: Play or pause your music with a single tap. Double-tap to skip to the next track or triple-tap to go back to the previous one. Adjust the volume directly from your device or using your voice assistant.
    • Storing Your Earbuds: Always store your earbuds in the charging case to protect them from damage and ensure they are fully charged for the next use.

    By following these straightforward steps, you can maximize the performance and longevity of your Echo Labs Earbuds, making them a reliable companion for every aspect of your day. Whether you’re a first-time user or a seasoned tech enthusiast, these earbuds are designed to make your life easier and more enjoyable.

    Are Echo Labs Earbuds Really Worth My Money?  (EchoLabs Reviews) 

    If you want to know whether Echo Labs Audio Earbuds are worth the investment, let’s consider their price relative to the audio performance, features, and overall user experience they provide, particularly when compared to the high cost of conventional premium earbuds. 

    The core premise of Echo Labs is to deliver a premium-like experience without the premium price. With features typically found in much more expensive models, such as advanced drivers, wide frequency response for 3D sound, long battery life, and durability, they are positioned as a high-value alternative.

    Both customers and reviewers revealed Echo Labs Earbuds is totally legit, garnering over 99.6% remarkable recommendation rate, ensuring its widespread popularity and satisfaction among users. All reviews attest that the echo labs earbuds is one of the best, if not the absolute best wireless earbuds out there on the market in the USA and Canada. 

    Additionally, many reviewers both audio experts and regular users’ say that Echolabs  earbuds sound just as good as, or even better than, models that cost hundreds more. Plus, it provides wireless freedom, a steady connection, water resistance for active use, and a handy charging case. With the current discounts, Echo Labs Earbuds are a smart choice for anyone who wants great sound and features without emptying their wallet.

    CLICK HERE TO BUY YOUR ECHOLABS EARBUDS FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT OFFER TODAY 

    Pros – (Echo Labs Earbuds Reviews)

    • Echo labs earbuds have immersive 3D sound with deep bass and crisp highs.
    • Echolabs earbuds offer a snug, comfortable fit with adjustable ear tips.
    • Features long-lasting battery life with a rechargeable case.
    • Provides seamless Bluetooth 5.2 connectivity with all devices.
    • Includes hands-free AI voice assistance for easy control.
    • Built with rain- and sweat-resistant materials for durability.
    • Blocks out background noise with advanced noise cancellation.
    • Perfect for phone calls, podcasts, audiobooks, and gaming.
    • A compact, stylish design ideal for travel and everyday use.
    • Affordable, with a 50% discount and a 30-day money-back guarantee. 

    CONS (EchoLabs Earbuds Reviews)

    •  Not available in any physical store.
    • The Special discounts might end anytime soon.
    • Supply is highly limited due to increased demand during this season.

    Why Is Echo Labs Better than Other Products in the Market? (Echolabs Reviews) 

    Echo Labs stands out from other earbuds products in the market primarily by delivering a compelling combination of premium-level audio performance and advanced innovative features at a significantly more accessible price point. 

    Unlike many cheaper earbuds that compromise on sound quality, often delivering “tiny sound with wimpy bass” and unreliable connectivity, Echo Labs integrates robust components like 10mm drivers and Bluetooth V5.2 to provide powerful, distortion-free, and stable audio that beats much more expensive competitors. 

    Moreover, while premium earbuds offer high quality, their prohibitive cost makes them inaccessible to many consumers. EchoLabs bridges this gap, offering comparable sound quality, comfort, and durability without the hefty price tag.

    Beyond just sound and price, Echo Labs also outperforms many alternatives in terms of practical features crucial for modern lifestyles. While some earbuds may offer decent audio, they often lack the sturdy durability of sweat and rain resistance, limiting their usability during workouts or in numerous weather conditions. 

    Many also fail to provide the secure fit necessary for all-day wear or active use, leading to discomfort and the frustration of earbuds constantly falling out – problems directly tackled by Echo Labs’ design and custom ear tips. 

    The long-lasting battery life, complemented by a convenient charging case, also provides a commendable benefit over earbuds with “terrible battery life,” ensuring uninterrupted listening. All the aforementioned positions Echo Labs Audio Earbuds as a superior value proposition compared to both cheaper and many more expensive options on the market.

    Feature Echo Labs Audio Earbuds Most Cheaper Earbuds Premium Earbuds (e.g., “$200 earbuds”, “big brand ones”)
    Sound Quality (Clarity, Bass, 3D) ✅ (Exceptional, 3D, HD) ❌ (Tiny sound, wimpy bass) ✅ (Often high quality)
    Comfort / Fit ✅ (Custom fit, comfortable) ❌ (Poor-fitting, uncomfortable) ✅ (Varies by brand/model)
    Durability (Sweat/Rain Resistant) +/- (Often lacking) ✅ (Varies by brand/model)
    Battery Life ✅ (Long-lasting + case) ❌ (Terrible battery life) ✅ (Generally good + case)
    Connectivity (Bluetooth) ✅ (Reliable V5.2) ❌ (Constant dropouts) ✅ (Generally reliable)
    Price ✅ (Affordable, especially with discount) ✅ (Low initial) ❌ (Expensive)
    AI Voice Assist ❌ (Often lacking) ✅ (Commonly included)
    Drivers ✅ (Cutting-edge 10mm) +/- (Smaller/standard) ✅ (Varies by brand/size)

    Key: ✅ = Feature generally present/effective. 

             ❌ = Feature generally absent or not a primary focus. 

              +/- = Feature may be present to some degree, but is variable or less specialized   

    Who Needs Echo Labs Audio Earbuds? (Echolabs Earbuds Reviews) 

    • Workout Enthusiasts and Athletes: Individuals who need earbuds that stay securely in place during intense physical activity and are resistant to sweat and rain to ensure durability and continued performance regardless of the weather or workout intensity.
    • Commuters and Travelers: People who spend significant time in transit and desire immersive sound quality to make their journeys more enjoyable, along with long-lasting battery life and reliable connectivity to power through long commutes or flights.
    • Budget-Conscious Audio Lovers: Consumers who appreciate high-quality audio and features typically found in premium earbuds but are looking for a more affordable alternative that doesn’t compromise on performance or durability.
    • Individuals Seeking All-Day Comfort: Those who find many earbuds uncomfortable for extended wear and require a solution with a customizable, ergonomic fit that can be worn for long periods without causing discomfort or fatigue.
    • Users of Various Devices and Activities: Anyone who uses earbuds for a variety of purposes beyond just music, such as taking clear phone calls, listening to podcasts or audiobooks, or requiring stable connectivity for use with laptops and tablets for work or entertainment.

    Where to Buy Echo Labs Audio Earbuds in America and Canada

    To buy the original Echo Labs Audio Earbuds and ensure you receive the genuine product with all its advertised features, benefits, and guarantees, it is essential to visit the official website.

    The manufacturer explicitly states that Echo Labs Audio Earbuds are not available on Amazon or eBay, and warns against being fooled by “knock-offs!. Furthermore, purchasing through the official website is the only method to access promotional offers, such as the frequently advertised 50% discount and fast shipping arrangements.

    CLICK HERE TO BUY YOUR ECHOLABS EARBUDS FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT OFFER TODAY 

    How Much Does an Echo Labs Earbud Cost?

    Here are the current prices:

    • 1x Echo Labs Audio Earbuds: ~~$116.09~~ $60.54 (approximately 48% – 50% off, depending on exact calculation)
    • 2x Echo Labs Audio Earbuds: ~~$222.18~~ $111.10 (approximately 50% off)
    • 3x Echo Labs Audio Earbuds: ~~$333.27~~ $133.32 (approximately 60% off) – BEST DEAL
    • 4x Echo Labs Audio Earbuds: ~~$444.36~~ $166.66 (approximately 62% off) – For the Whole Family

    These prices show just how affordable Echo Labs earbuds are, especially when you buy more than one pair. They’re a great option if you want good sound without paying premium brand prices. Keep in mind that prices, stock, and deals can change, so check the official website for the latest information.

    Echo Labs Earbuds Reviews Consumer Reports & Customer Complaints 

    Echo Labs Audio Earbuds have garnered stellar feedback from customers.Here are some of the reviews:

    Ellen C.:
    “Echo labs are premium earbuds that are so comfortable… These are the most comfortable earbuds I’ve ever used. They never hurt my ears and sometimes I forget I’m even wearing them. If you know anyone looking for new earbuds, stop! Echo Labs Audio Earbuds are as good as you’re gonna get.”

    Dustin B.:
    “HUGE battery life… I love everything about Echo Labs Audio Earbuds but my favorite is the insane battery life. And when the earbuds are out of juice, the charge case gives them a ton more power. I haven’t run out of battery since switching to these and I don’t think I ever will!”

    Erik K.:
     “Fit my ears perfectly and they never fall out… I always hated using earbuds because I could never work out without them falling out! Echo Labs Audio Earbuds have custom ear tips for a perfect, snug fit. Now I’m able to stay active without my earbuds falling out every two minutes.”

    Emma R.:
    “Love the incredible sound and how easy to use they are… I’m not smart with new tech, but with Echo Labs Audio Earbuds, I don’t need to be. They’re foolproof to use, and they connect to my phone and laptop fast and easily. And they sound just as good as my old $200 earbuds.”

    Rachel M. (Music Producer):
    “As a music producer, I need earbuds with exceptional clarity and depth. Echo Labs Audio Earbuds exceed my expectations every time.”

    Frequently Asked Questions About Echo Labs Audio Earbuds

    Here are some frequently asked questions about the Echo Labs Earbuds, and accurate answers:

    What makes Echo Labs Audio Earbuds different from other brands?

    Echo Labs Audio Earbuds differentiate themselves by offering premium sound quality, comfort, and durability features typically found in high-end earbuds, but at a significantly more affordable price point. Their combination of advanced drivers, long battery life, custom fit, weather resistance, and reliable Bluetooth connectivity provides exceptional value compared to many cheaper and more expensive competitors.

    How do I pair my Echo Labs Audio Earbuds with my device?

    Pairing is designed to be fast and easy. Echo Labs Audio Earbuds utilize Bluetooth V5.2 for quick and reliable connection. Simply follow the standard Bluetooth pairing process on your smartphone, tablet, or laptop to connect to the earbuds. Emma R. noted they “connect to my phone and laptop fast and easy.”

    What is the battery life of the Echo Labs Audio Earbuds?

    Echo Labs Audio Earbuds are equipped with a long-lasting battery designed for extended listening sessions. While a specific number of hours on a single charge is not detailed in the text, it mentions the battery lasts “even through the longest podcasts” and comes with a charging case that provides “extra battery life” and a “ton more power,” ensuring you have audio for days. Dustin B. specifically praised the “HUGE battery life.”

    Are the Echo Labs Audio Earbuds comfortable for extended wear?

    Yes, comfort is a key feature. Echo Labs Audio Earbuds are designed with a comfortable fit, featuring adjustable ear tips that allow for a custom, snug feel. This design is intended for all-day comfort and to ensure the earbuds stay securely in place, even during activities like workouts, as confirmed by Ellen C., who finds them incredibly comfortable, and Erik K., who appreciates the secure fit during exercise.

    Are the Echo Labs Audio Earbuds waterproof?

    Echo Labs Audio Earbuds are described as “Rain & Sweat Resistant” and “Weather-Resistant.” While not fully waterproof for submersion, they are built to withstand moisture from sweat during intense workouts and exposure to light rain, making them durable for active and outdoor use.

    Do the Echo Labs Audio Earbuds support voice assistants?

    Yes, Echo Labs Audio Earbuds support AI Voice Assist. This feature allows for hands-free control of music playback, managing calls, and accessing your device’s voice assistant using simple voice commands, adding a layer of convenience.

    What makes the sound quality of Echo Labs Earbuds stand out?

    The sound quality of Echo Labs Audio Earbuds stands out due to their advanced audio components, including cutting-edge 10mm drivers, low impedance (16-32 ohm) for distortion-free volume, and an ultra-wide frequency response (20Hz-20kHz). This combination delivers powerful bass, crisp highs, and aims for stunning 3D, high-definition audio, which audio professionals and customers have praised as comparable to or better than premium brands.

    How do I charge the Echo Labs Earbuds?

    Echo Labs Audio Earbuds are charged by placing them into their protective charging case. The case itself has a built-in battery and is charged separately (likely via a USB port, though not specified), providing multiple recharges for the earbuds when you are away from a power source. The case ensures the earbuds are protected and powered up when not in use.

    Are the Echo Labs Audio Earbuds suitable for different activities?

    Yes, Echo Labs Audio Earbuds are designed to be versatile for various activities. Their secure and comfortable fit makes them suitable for workouts, their long battery life is great for commuting and travel, and their high-quality sound and features like clear call quality make them excellent for relaxation, work, and entertainment like gaming and shows. Austin N., a Certified Personal Trainer, specifically recommends them for workouts.

    Is there a discount available for the Echo Labs Earbuds?

    Yes, currently there is a special limited-time offer available, providing a significant discount, often advertised as 50% off or more, especially when purchasing multiple pairs in bundled options. This promotional pricing contributes to their affordability and value proposition.

    How do I ensure I’m buying authentic Echo Labs Audio Earbuds?

    To guarantee you receive authentic Echo Labs Audio Earbuds and avoid knock-offs or cheap imitations, you should only purchase them directly from the official Echo Labs Audio website. They are explicitly stated as not being available on platforms like Amazon or eBay.

    What’s included in the Echo Labs Audio Earbuds packaging?

    The packaging includes the Echo Labs Audio Earbuds themselves and a protective charging case. Based on the mention of “adjustable ear tips” and “custom ear tips,” it is highly probable that multiple sizes of ear tips are also included to ensure a comfortable and secure fit for different users.

    Final Remarks On Echo Labs Earbuds Reviews

    In summary, Echo Labs presents a compelling proposition in the wireless earbud market, effectively challenging the notion that premium audio quality and robust features must come with an overpriced price tag. In delivering powerful, clear, and immersive 3D sound through quality drivers and audio engineering, with a design that focuses on comfort, stays in place during movement, and can handle sweat and rain, these earbuds include features you’d usually find in much pricier models.

    Thousands of happy Echolabs customers and even audio experts have shared great reviews, backing up Echo Labs’ promise of clear sound, a comfy fit, and reliable performance. With a long-lasting battery (boosted by the charging case), strong Bluetooth 5.2 connection, and easy-to-use AI voice assist, these earbuds are practical for everyday use. Although you can only buy them online, the 60-day money-back guarantee lets you try them without any risk.

    Considering their impressive combination of audio performance, comfort, durability, features, and significant affordability, especially with the current promotional pricing, Echo Labs Audio Earbuds appear to be a highly worthwhile investment. They offer a true opportunity to experience high-quality wireless audio without the high price, making them an appealing choice for those who value both performance and affordability. In all, Echo Labs Earbuds strike a smart balance between premium features and practical pricing—an option well worth considering. Get yours today!

    CLICK HERE TO BUY YOUR ECHOLABS EARBUDS FROM THE OFFICIAL WEBSITE AT MASSIVE DISCOUNT OFFER TODAY

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    The MIL Network

  • MIL-OSI: Xtract One Announces Fiscal 2025 Third Quarter Conference Call

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced that it will release fiscal 2025 third quarter results after the close of trading on June 5, 2025. Peter Evans, Xtract One CEO and Director, and Karen Hersh, CFO and Corporate Secretary, will host a webcast and conference call at 10:00 a.m. Eastern Time the following day, June 6, 2025, to review the three months ended April 30, 2025.

    The webcast and presentation will be accessible on the Company’s website, via this link, and the telephone number for the conference call is 844-481-3016 (412-317-1881 for international callers). Management will provide an overview of the interim financial results along with management’s outlook for the business, followed by a question-and-answer period.

    About Xtract One Technologies
    Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The Company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing- and delivering improved “Walk-right-In” experiences while enhancing safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic. With solutions built to serve the unique market needs for schools, hospitals, arenas, stadiums, manufacturing, distribution, and other customers, Xtract One is recognized as a market leader delivering the highest security in combination with the best individual experience. For more information, visit www.xtractone.com or connect on Facebook, Twitter, and LinkedIn

    About Threat Detection and Security Solutions
    Xtract One solutions, when properly configured, deployed, and utilized, are designed to help enhance safety and reduce threats. Given the wide range of potential threats in today’s world, no threat detection system is 100% effective. Xtract One solutions should be utilized as one element in a multilayered approach to physical security.

    For further information, please contact:
    Xtract One Inquiries: info@xtractone.com, http://www.xtractone.com
    Media Contact: Kristen Aikey, JMG Public Relations, 212-206-1645, kristen@jmgpr.com
    Investor Relations: Chris Witty, Darrow Associates, 646-438-9385, cwitty@darrowir.com

    The MIL Network

  • MIL-OSI: Lantronix to Showcase AI-Driven LM4 Out-of-Band Management Console Servers at Cisco Live San Diego

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., May 29, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that it will do live demos and daily giveaways of its LM4 AI-driven Out-of-Band Management (OOBM) platform at booth 3219 at Cisco Live held June 9–12, 2025, in San Diego.

    Lantronix, a Cisco Devnet Partner, has the most complete portfolio of out-of-band management console servers designed to reduce unscheduled network downtime for both traditional out-of-band access and automated management and recovery.

    Delivering “Out-of-Band Everywhere,” Lantronix’s LM4 is the industry’s first console server specifically designed, sized and priced for Intermediate Distribution Frames (IDFs) and compact environments such as ATMs, kiosks and network aggregation points. Engineered for healthcare, finance, utilities, telecommunications, government, retail and manufacturing, Lantronix’s LM4 delivers advanced automation, enterprise-grade compliance and cybersecurity capabilities, leveraging technology proven in military and financial networks.

    Serial console servers represented a nearly $400 million worldwide market, according to the Dell’Oro Group. AI data centers, co-location and GPU-as-a-Service represent the fastest-growing deployments for Lantronix, which reflects Dell’Oro’s forecast of data center capex to surpass $1 trillion by 2029.

    “At Cisco Live, we’re excited to showcase our innovative out-of-band solutions that empower our customers to utilize data-driven decision-making to make their networks more secure and reliable while automating routine tasks, enabling network admins to focus on other responsibilities,” said Todd Rychecky, general manager of Out-of-Band at Lantronix. “At Lantronix, we are devoted to producing groundbreaking solutions that help our customers be more efficient, secure and bottom-line focused.”

    Lantronix Speaking Session:

    • Session Title: “OOB Everywhere! How Advanced Console Servers Enhance Network Automation, Cybersecurity & Resilience”
    • Speaker: Eric Weiss, Product Line Director 
    • Date: Tuesday, June 10, 2025
    • Time: 2:30–2:40 p.m. PDT
    • Session Type: World of Solutions Session
    • Technology: Automation & Orchestration, Enterprise Architecture, Network Management
    • Track: Networking

    AI-Driven Out-of-Band Management Everywhere

    An advanced out-of-band management platform, the small yet powerful LM4 provides access, continuous monitoring and automated remediation of issues as well as control of network infrastructure devices. Operational whether the network is up or down, the expert system uses rules-based AI to recover and mitigate network infrastructure automatically, including reliable and secure access to remote gear during an outage. With up to four ports of serial console connections for directly managing gear plus support for up to 48 virtual ports, the LM4’s compact size and affordable price enables network managers to utilize out-of-band everywhere, including many locations previously considered too small and numerous for advanced out-of-band management.

    Running the powerful LMOS software, the LM4 brings the power of NOC-based software to the network’s edge to create a separate management plane in the rack with network infrastructure. With continuous monitoring and automated runbook responses, the LM4 can detect and solve issues before traditional NOC-based tools even know there is an issue. LMOS features a granular authorization model that integrates with existing access controls as well as automated change management functions, including the ability to store multiple config and OS files with local backups to enable automated rollback of failed config changes.

    Standardize on Lantronix LM-Series Solutions for Enterprise-Grade OOB Management

    The LM4 runs the same LMOS software as the LM83X and LM80 console servers, expanding the LM-Series console access options anywhere from 2–104 ports. The LM-Series is centrally managed by the Lantronix Control Center, which is available to run on-premises as a VM or hosted in the cloud. Lantronix’s LM-Series products allow customers to standardize their out-of-band management and deploy enterprise-grade functionality and AI-driven automation at all points in the network. The result is a more resilient network that’s easier to manage with fewer issues, reduced support truck rolls and stronger security and compliance.

    Lantronix is the go-to source for out-of-band innovations, providing a suite of reliable, secure and easy-to-deploy solutions, all supported by its exceptional service team. Easy to use, with resilient out-of-band access, onboard processing / storage and LMOS software, Lantronix’s LM-Series serial console servers are deployed in enterprises worldwide ranging from ultra-secure military and financial networks to downtime-intolerant networks in healthcare and energy.

    At Cisco Live, Lantronix will also feature:

    • LM83X, delivering AI-driven out-of-band management of 8–104 devices over serial console connections in a scalable and robust console server with dual power inputs. 
    • LM80, providing a fixed 8-port serial AI-driven out-of-band management solution that can automate a majority of routine IT maintenance and recovery tasks quickly and error-free.
    • Lantronix Control Center, a single pane of glass for managing all LM-Series devices for secure remote access as well as for automating management of each of the connected network infrastructure devices. It is a single source for Authorization-Authentication-Accounting (AAA) controls, creating monitoring and action rules without scripting, centrally archiving both monitored device operating system and configuration files and compliance reporting.
    • Additional Lantronix out-of-band management solutions, including its SLC8000 modular device console manager, EMG8500 edge management gateway, G520, IoT cellular gateways, X300 IoT Gateway solution and Percepxion™ IoT edge solutions management platform.

    About Lantronix
    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    The MIL Network

  • MIL-OSI: Amplify ETFs Declares May Income Distributions for its Income ETFs

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 29, 2025 (GLOBE NEWSWIRE) — Amplify ETFs announces May income distributions for its income ETFs.

    ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date
    Amplify Bitcoin Max Income Covered Call ETF BAGY $1.46125 5/29/25 5/29/25 5/30/25
    Amplify Bitcoin 2% Monthly Option Income ETF BITY $1.16540 5/29/25 5/29/25 5/30/25
    Amplify Samsung SOFR ETF SOFR $0.36001 5/29/25 5/29/25 5/30/25
    Amplify CWP Growth & Income ETF QDVO $0.24218 5/29/25 5/29/25 5/30/25
    Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.22480 5/29/25 5/29/25 5/30/25
    Amplify COWS Covered Call ETF HCOW $0.20505 5/29/25 5/29/25 5/30/25
    Amplify CWP International Enhanced Dividend Income ETF IDVO $0.16875 5/29/25 5/29/25 5/30/25
    Amplify CWP Enhanced Dividend Income ETF DIVO $0.16548 5/29/25 5/29/25 5/30/25
    Amplify High Income ETF YYY $0.12000 5/29/25 5/29/25 5/30/25
    Amplify Natural Resources Dividend Income ETF NDIV $0.11379 5/29/25 5/29/25 5/30/25


    About Amplify ETFs

    Amplify ETFs, sponsored by Amplify Investments, has over $10 billion in assets across its suite of ETFs (as of 4/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more, visit AmplifyETFs.com.

    Sales Contact:
    Amplify ETFs
    855-267-3837
    info@amplifyetfs.com
    Media Contacts:
    Gregory FCA for Amplify ETFs
    Kerry Davis
    610-228-2098
    amplifyetfs@gregoryfca.com
       

    This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

    Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in Amplify Funds’ statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectuses carefully before investing.

    Investing involves risk, including the possible loss of principal.

    Amplify ETFs are distributed by Foreside Services, LLC.

    The MIL Network

  • MIL-OSI: Baker Hughes to Supply NovaLT™ Gas Turbines for Frontier Infrastructure’s U.S. Data Center Project, Delivering 270 MW of Reliable Power

    Source: GlobeNewswire (MIL-OSI)

    • Baker Hughes will supply 16 NovaLT™ gas turbines for data center projects in the U.S.
    • Award builds on the collaboration announced in March 2025 between Baker Hughes and Frontier

    HOUSTON and LONDON, May 29, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday an award from Frontier Infrastructure Holdings (“Frontier”), a Tailwater Capital LLC portfolio company, for 16 NovaLT™ gas turbines to power its data center projects in Wyoming and Texas, delivering up to 270 megawatts (MW) of efficient, reliable power.

    As part of the award, Baker Hughes is supplying Frontier its NovaLT™ gas turbine technology and associated equipment, including gears and Brush Power Generation four-pole generators, to power dedicated energy islands at Frontier’s behind-the-meter (BTM) power generation sites.

    The order builds on a March 2025 agreement between the two companies to accelerate large-scale carbon capture and storage (“CCS”) and power solutions in the U.S., including the Sweetwater Carbon Storage Hub in Wyoming.

    “This award underscores our commitment to advancing sustainable energy development through reliable and efficient power solutions that cater to the diverse needs of the industry,” said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes. “Leveraging our comprehensive range of integrated power solutions for Frontier’s U.S. data center projects demonstrates innovative, scalable and lower-carbon technologies helping to meet the growing demand for power.”

    The NovaLT™ gas turbine is a multi-fuel solution that can start-up and run on different fuels, including natural gas, various blends of natural gas and hydrogen, and 100% hydrogen, providing customers with the flexibility to adapt and meet their specific reliable and sustainable power requirements. With a comprehensive portfolio of diverse, reliable and clean power solutions, including hydrogen-ready turbines, geothermal, and cogeneration, Baker Hughes provides market-ready, efficient and flexible solutions for data center hyperscalers, project developers, packagers and end users.

    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:

    Media Relations
    Chiara Toniato
    +39 3463823419
    chiara.toniato@bakerhughes.com 

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

    The MIL Network

  • MIL-OSI: FactSet Schedules Third Quarter 2025 Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    NORWALK, Conn., May 29, 2025 (GLOBE NEWSWIRE) — FactSet (NYSE: FDS | NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, today announced it will release its financial and operating results for the third quarter fiscal 2025, ending May 31, 2025, on Monday, June 23, 2025. FactSet will also host a conference call to discuss these results at 9:00 a.m. Eastern Time on Monday, June 23, 2025.

    The following information is provided for investors who would like to participate in the conference call:

    Third Quarter Fiscal 2025 Conference Call Details

    Please register for the conference call using the above link in advance of the call start time. The conference call platform will register your name and organization and provide dial-in numbers and a unique access pin. The call will include a live Q&A session.

    The earnings presentation slides will be available on FactSet’s investor relations website at 8:30 a.m. Eastern Time on June 23, 2025, 30 minutes before the earnings call begins.

    A replay will be available on the Company’s investor relations website after 1:00 p.m. Eastern Time on June 23, 2025, through June 23, 2026. The earnings call transcript will be available via FactSet CallStreet.

    About FactSet

    FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that power our clients to maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy-side, sell-side, wealth management, private equity, and corporate sectors. With over 47 years of expertise, a presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 8,600 global clients and nearly 220,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn.

    FactSet
    Investor Relations:
    Kevin Toomey
    +1.212.209.5259
    Kevin.toomey@factset.com

    Media Relations:
    Kelly Prinner
    +1.203.808.8630
    Kelly.prinner@factset.com

    The MIL Network

  • MIL-OSI: Bitcoin Solaris Announces Official Presale Launch: A New Era in DeFi Begins

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 29, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S) has officially launched its highly anticipated presale, marking the beginning of a new chapter in decentralized finance. With groundbreaking technology, mobile mining accessibility, and a robust DeFi engine, Bitcoin Solaris is setting the stage for what could be one of the most transformative opportunities of 2025.

    Presale Now Live: A Limited-Time Opportunity

    The BTC-S presale is now open for 90 days, offering early participants a chance to secure tokens before the official launch on July 31, 2025. With the current price set at $5, the next tier moving to $6, and a confirmed launch price of $20, this phase presents a limited-time opportunity for early adopters to get in ahead of a major public debut. Early buyers also benefit from an 11% bonus during this period.

    Over 11,000 users have already joined the movement, contributing more than $1.2 million—demonstrating the strong and growing momentum behind the project.

    Enter Bitcoin Solaris: The Next Big Wealth Generator

    Bitcoin Solaris (BTC-S) isn’t just a coin. It’s a complete ecosystem built to fix the flaws of older blockchains. It combines Bitcoin’s legendary security with Solana-grade performance, delivering:

    • 10,000 transactions per second
    • 2-second finality
    • 99.95% less energy use than Bitcoin

    What truly makes BTC-S a DeFi revolution leader is its Helios Engine—a powerful infrastructure enabling decentralized exchanges, cross-chain swaps, lending protocols, and yield farming. Helios integrates with both the Bitcoin and Solana ecosystems, allowing users to tap into liquidity across multiple chains without needing to convert assets.

    The smart contracts powering Helios and the broader BTC-S platform have been fully audited for security, and the core team has passed KYC verification, adding another layer of trust to the project.

    Presale Phase: The $500 That Could Change Lives

    Here’s what makes now the golden window:

    • Current Price: $5
    • Next Phase: $6
    • Launch Price: $20
    • Bonus: 11%

    The presale is live for only 90 days, with the official launch locked in for July 31, 2025. Over 8,900 unique users have already joined, and more than $1.2 million has been raised. It’s one of the shortest and most explosive presales on the market—and this limited window is exactly where early fortunes are made.

    Missed Ethereum Early? Don’t Miss BTC-S

    Tech That Works for Everyone

    Mining BTC-S isn’t just for techies or whales. The Solaris Nova App lets users mine directly from their smartphones, laptops, or traditional rigs. With features like:

    • One-click mining
    • Built-in wallet
    • Adaptive smart algorithm
    • Cross-platform support

    Even a beginner can earn BTC-S within minutes. Some community members have already been invited into the beta version of the app, and while it’s not live for everyone yet, there may still be room for new testers.

    Growing Buzz and Influencer Spotlight

    Bitcoin Solaris isn’t flying under the radar anymore. Influencers and analysts are taking notice. In fact, Crypto Volt released a detailed video review diving into the reasons why Bitcoin Solaris may be one of the most exciting DeFi launches this cycle.

    Want to stay ahead of the hype? Join the official Bitcoin Solaris Telegram to get updates, community access, and presale announcements.

    Double Rewards Referral Program

    There’s also a unique referral program running during the presale. Here’s how it works:

    • Earn 5% BTC-S commission when someone buys through your referral link
    • Your invitee gets a 5% bonus on their purchase
    • You both win, and the ecosystem grows

    This structure not only drives adoption, but rewards those who help build the community from the ground up.sters may still be invited as development progresses.

    Stay Connected and Informed

    Bitcoin Solaris is gaining attention from analysts and influencers alike. Join the official channels for updates, presale news, and community insights:

    Media Contact

    Xander Levine
    info@bitcoinsolaris.com
    press@bitcoinsolaris.com
    Press Kit: [Available Upon Request]

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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/762d0876-c6f8-4dbd-be85-8e080fe9206e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/780dc1cb-0154-4a9d-a770-c7555d9bc032

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1afed152-5a1a-4bee-bdd8-bd53aa2337fe

    https://www.globenewswire.com/NewsRoom/AttachmentNg/07703d02-c12a-465d-92ed-75a4f1021156

    The MIL Network

  • MIL-OSI: Oyster Consulting LLC Advises Cutter & Company in Acquisition by Prospera Financial Services

    Source: GlobeNewswire (MIL-OSI)

    RICHMOND, Va., May 29, 2025 (GLOBE NEWSWIRE) — Oyster Consulting is proud to announce its role in advising Cutter & Company in its recent acquisition by Dallas-based Prospera Financial Services. The transaction marks a strategic move that brings together two respected independent broker-dealers and underscores the ongoing trend of consolidation across the wealth management industry.

    Cutter & Company, based in St. Louis, Missouri with approximately $2 billion in total client assets, 40 advisors and 12 employees, has built a strong reputation for delivering client-focused financial services for nearly four decades. In partnering with Prospera, the firm will benefit from enhanced resources, expanded technology infrastructure, and continued support for its financial professionals—strengthening the long-term value provided to clients.

    Oyster Consulting provided strategic guidance throughout the transaction, leveraging its deep industry expertise in broker-dealer operations and compliance.

    “We’re pleased to have supported Cutter & Company during this important transaction,” said Buddy Doyle, CEO and Founder of Oyster Consulting. “This acquisition represents a strong alignment of culture, vision, and service, and we’re proud to have helped facilitate a successful outcome.”

    “This acquisition reflects the broader consolidation trend we’re seeing across the industry, as firms seek partners that can enhance scale, technology, and advisor support,” said David Williams, Managing Director at Oyster Consulting. “It was a privilege to help guide Cutter & Company through a transaction that positions them for continued growth and long-term success.”

    This collaboration highlights Oyster’s continued commitment to providing practical, expert advice to broker-dealers, investment advisors, and financial institutions during critical periods of growth, restructuring, or strategic transformation.

    About Oyster Consulting
    Oyster Consulting provides financial services firms with consulting, outsourcing, and software solutions across compliance, operations, strategy, and technology. Oyster’s experienced industry professionals help clients navigate today’s complex regulatory environment and implement strategies to support growth and operational resiliency.

    Contact

    David Williams

    Managing Director,
    Head of Business Development

    david.williams@oysterllc.com

    804.965.5400

    The MIL Network

  • MIL-OSI: Form 8.3 – [CRANEWARE PLC – 28 05 2025] – (CGWL)

    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 WEALTH 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
    CRANEWARE 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
    28 MAY 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: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,702,553 4.8081    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,702,553 4.8081    

    NOTE: On 28/05/2025, 1,665 shares were transferred out by a discretionary client.

    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
    1p ORDINARY SALE 580 2012p
    1p ORDINARY SALE 158 2045p

    (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: 29 MAY 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: Form 8.3 – [GLOBALDATA PLC – 28 05 2025] – (CGWL)

    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 WEALTH 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
    GLOBALDATA 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
    28 MAY 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: 0.01p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,993,833 1.3631    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,993,833 1.3631    

    NOTE: On 28/05/2025, 15,500 shares were transferred out by a discretionary client.

    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
    0.01p ORDINARY SALE 1,800 179.8101p
    0.01p ORDINARY SALE 1,875 184.65p

    (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: 29 MAY 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: Flow Capital Announces a US$5.0 Million Investment in Congruity 360

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”) is pleased to announce the successful closing of a US$5.0 million senior note investment in Congruity 360, a leading provider of unstructured data management and risk mitigation solutions.

    Congruity 360’s Classify360 platform equips organizations with critical capabilities to understand, manage, and secure petabyte-scale unstructured data across cloud, SaaS, and on-premises environments. Its capabilities include data discovery and classification, identification of governance and compliance vulnerabilities, and automated workflows for remediation and infrastructure optimization.

    Already trusted by Fortune 500 companies operating across the globe, Congruity 360 will use the capital to fuel continued product innovation and growth.

    “The unstructured data management and classification market is thriving! We were impressed by Congruity 360’s market and product momentum, particularly its automated governance workflow and the introduction of AI into the classification process,” said Alex Baluta, CEO of Flow Capital. “Given its high growth rate, Flow’s covenant-light, founder-friendly capital was a perfect fit for Congruity 360’s needs.”

    “2025’s wins have accelerated our product and GTM plans! We are excited to partner with Flow Capital,” said Brian Davidson, CEO of Congruity 360.

    Technology companies seeking flexible growth capital are invited to apply for funding directly at www.flowcap.com/get-funding.

    About Congruity 360

    Congruity 360 delivers the only data management solution built on a foundation of classification, by experts in data storage and data privacy. The Classify360 platform is easy to implement, requires no outside consultants, and quickly analyzes and remediates your data at a petabyte scale in days, not weeks or months.

    About Flow Capital 

    Flow Capital Corp. is a publicly listed provider of flexible growth capital and alternative debt solutions dedicated to supporting high-growth companies. Since its inception in 2018, the company has provided financing to businesses in the US, the UK, and Canada, helping them achieve accelerated growth without the dilutive impact of equity financing or the complexities of traditional bank loans. Flow Capital focuses on revenue-generating, VC-backed, and founder-owned companies seeking $2 to $10 million in capital to drive their continued expansion.

    Learn more at www.flowcap.com.

    For further information, please contact:

    Flow Capital Corp.

    Alex Baluta
    ‎Chief Executive Officer
    alex@flowcap.com

    47 Colborne Street, Suite 303,
    ‎Toronto, Ontario M5E 1P8

    Forward-Looking Information and Statements

    Certain statements herein may be “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Flow or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Flow assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.

    The MIL Network

  • MIL-OSI: Canadian Life Companies Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 1,090,320 Preferred Shares and 1,012,451 Class A Shares of the Company, representing 10% of the public float of 10,903,202 Preferred Shares and 10,124,519 Class A Shares. As of May 21, 2025, there were 10,985,202 Preferred Shares and 10,662,478 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 219,704 Preferred Shares or more than 213,249 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025, no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

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

    The MIL Network

  • MIL-OSI: Canadian Banc Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Canadian Banc Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 3,742,582 Preferred Shares and 3,778,760 Class A Shares of the Company, representing 10% of the public float of 37,425,824 Preferred Shares and 37,787,604 Class A Shares. As of May 21, 2025, there were 37,448,395 Preferred Shares and 37,821,364 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 748,967 Preferred Shares or more than 756,427 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025, no purchases of Preferred Shares or Class A Shares were made.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a portfolio of six publicly traded Canadian Banks as follows:

    Bank of Montreal Canadian Imperial Bank of Commerce Royal Bank of Canada
    The Bank of Nova Scotia National Bank of Canada The Toronto-Dominion Bank


    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

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

    The MIL Network

  • MIL-OSI: Dividend 15 Split Corp. II Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 2,242,527 Preferred Shares and 2,234,759 Class A Shares of the Company, representing 10% of the public float of 22,425,275 Preferred Shares and 22,347,591 Class A Shares. As of May 21, 2025, there were 22,425,275 Preferred Shares and 22,433,891 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 448,505 Preferred Shares or more than 448,677 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025 no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    The MIL Network

  • MIL-OSI: North American Financial 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 5,738,811 Preferred Shares and 5,865,279 Class A Shares of the Company, representing 10% of the public float of 57,388,118 Preferred Shares and 58,652,794 Class A Shares. As of May 21, 2025, there were 57,388,618 Preferred Shares and 58,724,984 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 1,147,772 Preferred Shares or more than 1,174,499 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2025 and terminated on May 28, 2025 no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com

    The MIL Network

  • MIL-OSI: BOS Reports Record $15 Million in Revenues for the First Quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    RISHON LE ZION, Israel, May 29, 2025 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) reported its financial results for the first quarter of the year 2025.

    First Quarter 2025 Financial Highlights:

    • Revenues increased by 33.1% to $15.0 million from $11.3 million in the first quarter of the year 2024;
    • Gross profit margin improved to 23.9% compared to 22.7% in the first quarter of the year 2024;
    • EBITDA increased by 86.2% to $1.9 million compared to $1.0 million in the first quarter of the year 2024;
    • Operating expenses increased by only 7.7% compared to the 33.1% increase in revenues, demonstrating operating leverage;
    • Net income increased by 82.3% to $1.35 million or $0.23 per basic share compared to $741,000 or $0.13 per basic share in the first quarter of the year 2024;
    • Backlog was $22 million as of March 31, 2025 compared to $27 million as of December 31, 2024.

    Eyal Cohen, Chief Executive Officer at BOS, stated: “I am pleased to report record revenues and record net income in the first quarter, demonstrating the success of our strategic focus on the defense sector and diligent operating efficiency. We continue to capitalize on the growing opportunities in this rapidly changing sector by increasing contracting activity with existing customers and securing new customers.”

    “Based on our first quarter performance and contracted backlog, we are optimistic about surpassing our full-year outlook for 2025, which are revenues of $44 million and net income of $2.5 million,” Cohen concluded.

    “Our record results in the first quarter reflect BOS’s long-term investments in developing a diverse product offering and establishing a robust operational and financial framework, all of which are specifically designed to meet the evolving and distinct demands of the defense industry,” said Avidan Zelicovsky, BOS President.

    BOS will host a video conference meeting on May 29, 2024 at 8:30 a.m. EDT. A question-and-answer session will follow management’s presentation. To access the video conference meeting, please click on the following link: https://us06web.zoom.us/j/83920447982?pwd=nxng3dstyBqK9argz8YQSsH9Cx4VkE.1

    For those unable to participate in the video conference, a recording of the meeting will be available the next day on the BOS website: www.boscom.com

    About BOS

    BOS integrates cutting-edge technologies to streamline and enhance supply chain operations for global customers in the aerospace, defense, industrial and retail sectors. The Company integrates three specialized divisions:

    – Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.

    – RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.

    – Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing innovative solutions.

    For more information on BOS Better Online Solutions Ltd., visit www.boscom.com.

    For additional information, contact:

    Matt Kreps, Managing Director
    Darrow Associates
    +1-214-597-8200
    mkreps@darrowir.com

    Eyal Cohen, CEO
    +972-542525925
    eyalc@boscom.com

    Use of Non-GAAP Financial Information
    BOS reports financial results in accordance with US GAAP and herein provides some non-GAAP measures. These non-GAAP measures are not in accordance with, nor are they a substitute for, GAAP measures. These non-GAAP measures are intended to supplement the Company’s presentation of its financial results that are prepared in accordance with GAAP. The Company uses the non-GAAP measures presented to evaluate and manage the Company’s operations internally. The Company is also providing this information to assist investors in performing additional financial analysis that is consistent with financial models developed by research analysts who follow the Company. The reconciliation set forth below is provided in accordance with Regulation G and reconciles the non-GAAP financial measures with the most directly comparable GAAP financial measures.

    Safe Harbor Regarding Forward-Looking Statements

    The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of BOS. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up or ahead of technology and to succeed in a highly competitive industry, inability to maintain marketing and distribution arrangements and to expand our overseas markets, uncertainty with respect to the prospects of legal claims against BOS, the effect of exchange rate fluctuations, general worldwide economic conditions, the effect of the war against the Hamas and other parties in the region, the continued availability of financing for working capital purposes and to refinance outstanding indebtedness; and additional risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the US Securities and Exchange Commission. BOS undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

     
    CONSOLIDATED STATEMENTS OF OPERATIONS
    U.S. dollars in thousands
     
        Three months ended
    March 31,
          Year ended
    December 31, 
          2025       2024         2024  
          (Unaudited)         (Unaudited)           (Audited)  
               
    Revenues   $ 15,026     $ 11,287       $ 39,949  
    Cost of revenues     11,437       8,727         30,655  
    Gross profit     3,589       2,560         9,294  
    Operating costs and expenses:              
    Research and development     41       44         175  
    Sales and marketing     1,263       1,162         4,394  
    General and administrative     542       508         2,113  
    Impairment of intangible assets and Goodwill                   1,173  
    Total operating costs and expenses     1,846       1,714         7,855  
                   
    Operating income     1,743       846         1,439  
    Financial expenses, net     (272 )     (105 )       (139 )
    Income before taxes on income     1,471       741         1,300  
    Income taxes benefits (expenses)     (120 )             1,000  
    Net income   $ 1,351     $ 741       $ 2,300  
                   
    Basic net income per share   $ 0.23     $ 0.13       $ 0.40  
    Diluted net income per share   $ 0.22     $ 0.13       $ 0.39  
    Weighted average number of shares used in computing basic net income per share     5,900       5,748         5,756  
    Weighted average number of shares used in computing diluted net income per share     6,273       5,828         5,887  
                   
    Number of outstanding shares as of March 31, 2025 and 2024 and December 31, 2024     5,924       5,748         5,793  
     
    CONSOLIDATED BALANCE SHEETS
    (U.S. dollars in thousands)
     
        March 31, 2025 
      December 31, 2024  
        (Unaudited)   (Audited)
     
    ASSETS              
                   
    CURRENT ASSETS:              
    Cash and cash equivalents   $ 3,844     $ 3,368  
    Restricted bank deposits     66       185  
    Trade receivables, net     15,839       11,787  
    Other accounts receivable and prepaid expenses     1,235       1,150  
    Inventories     7,505       7,870  
               
    Total current assets     28,489       24,360  
               
    LONG-TERM ASSETS     167       177  
               
    PROPERTY AND EQUIPMENT, NET     3,362       3,417  
               
    OPERATING LEASE RIGHT-OF-USE ASSETS, NET     727       779  
               
    DEFERRED TAX ASSETS     981       1,000  
               
    OTHER INTANGIBLE ASSETS, NET     407       422  
               
    GOODWILL     4,188       4,188  
               
    Total assets   $ 38,321     $ 34,343  
     
    CONSOLIDATED BALANCE SHEETS
    (U.S. dollars in thousands)
     
        March 31, 2025   December 31, 2024
        (Unaudited)   (Audited)
             
    LIABILITIES AND SHAREHOLDERS’ EQUITY        
             
    CURRENT LIABILITIES:        
    Current maturities of long-term loans   $ 342     $ 439  
    Operating lease liabilities, current     161       176  
    Trade payables     7, 769       6,362  
    Employees and payroll accruals     1,128       1,087  
    Deferred revenues     2,543       2,003  
    Accrued expenses and other liabilities     1,091       598  
             
    Total current liabilities     13,034       10,665  
             
    LONG-TERM LIABILITIES:        
    Long-term loans, net of current maturities     921       980  
    Operating lease liabilities, non-current     530       576  
    Long-term deferred revenues     273       293  
    Accrued severance pay, net     514       498  
             
    Total long-term liabilities     2,238       2,347  
             
             
    TOTAL SHAREHOLDERS’ EQUITY     23,049       21,331  
             
             
    Total liabilities and shareholders’ equity   $ 38, 321     $ 34,343  
     
    CONDENSED CONSOLIDATED EBITDA
    (U.S. dollars in thousands)
     
        Three months ended
    March 31,
      Year ended
    December 31,
          2025       2024       2024  
                 
    Operating income   $ 1,743     $ 846     $ 1,439  
    Add:            
    Impairment of Goodwill and other intangible assets               1,173  
    Amortization of intangible assets     15       47       190  
    Stock-based compensation     9       21       74  
    Depreciation     101       89       370  
    EBITDA   $ 1,868     $ 1,003     $ 3,246  
     
    SEGMENT INFORMATION
    (U.S. dollars in thousands)

     

     

    RFID

     

    Supply
    Chain Solutions

     

    Intelligent
    Robotics

     

    Intercompany

     

    Consolidated

     

     

     

     

         

    Three months ended March 31, 2025

     

     

     

     

     

     

     

     

     

     

     

    Revenues

     

    $

    3,259

     

    $

      11,390

     

     

    496

     

    (119

    )

     

    $

     15,026

     

     

     

     

     

     

     

     

     

     

     

     

    Gross profit  

     

     

    707

     

     

    2,756

     

     

    126

     

     –

     

     

     

    3,589

     

     

     

     

     

     

     

     

     

     

     

     

    Allocated operating expenses

     

     

     529

     

     

    1,048

     

     

    68

     

     –

     

     

     

    1,645

     

     

     

     

     

     

     

     

     

     

     

     

    Unallocated operating expenses*

     

     

     

     

     

     

     

     

     

     

    201

     

     

     

     

     

     

     

     

     

     

     

     

    Income from operations

     

    $

         178

     

    $

        1,708

     

    $

            58

     

     

     

     

    1,743

     

     

     

     

     

     

     

     

     

     

     

     

    Financial expenses and tax on income

     

     

     

     

     

     

     

     

     

     

    (392

    )

     

     

     

     

     

     

     

     

     

     

     

    Net income

     

     

     

     

     

     

     

     

     

    $

             1,351

     

     

     

    RFID

     

    Supply
    Chain Solutions

     

    Intelligent
    Robotics

     

    Intercompany

     

    Consolidated

     

     

         

    Three months ended March 31, 2024

     

     

     

     

     

     

     

     

     

     

    Revenues

     

    $

    3,683

     

    $

        7,356

     

    250

     

     

    (2

    )

     

    $

          11,287

     

     

     

     

     

     

     

     

     

     

     

     

    Gross profit 

     

     

    992

     

     

    1,484

     

    84

     

     

                 –

     

     

    2,560

     

     

     

     

     

     

     

     

     

     

     

     

    Allocated operating expenses

     

     

     565

     

     

    909

     

            62

     

     

                 –

     

     

    1,536

     

     

     

     

     

     

     

     

     

     

     

     

    Unallocated operating expenses*

     

       

     

     

     

     

       

    178

     

    Income  from operations

     

    $

         427

     

    $

           575

    $

            22

     

     

     

       

    846

     

     

     

     

     

     

     

     

     

     

     

     

    Financial expenses and tax on income  

     

     

     

     

     

     

     

     

    (105

    )

     

     

     

     

     

     

     

     

     

     

    Net income

     

     

     

     

     

     

     

    $

               741

     

     

     

     

     

     

     

     

     

     

     

    SEGMENT INFORMATION
    (U.S. dollars in thousands)
     
         

    RFID

     

    Supply Chain Solutions

     

    Intelligent
    Robotics

     

    Intercompany

     

    Consolidated

             

    Year ended December 31, 2024

     
                             
                             

    Revenues

       

    $

     12,877

     

    $

     25,829

       

    1,410

     

    (167

    )

     

    $

      39,949

     
                             

    Gross profit

         

     3,533

       

      5,430

       

                                 331

         

    9,294

     
                             
                             

    Allocated operating expenses

         

      2,273

       

     3,338

       

     274

         

      5,885

     
                             

    Impairment of goodwill and intangible assets

         

     984

       

    189

       

         

    1,173

     
                             

    Unallocated operating expenses*

         

       

       

           

     797

     
                             

    Income from operations

       

    $

      276

     

    $

     1,903

     

    $

      57

           

    1,439

     
                             

    Financial expenses and tax benefit

                         

    861

     
                             

    Net income

                       

    $

     2,300

     

    *Unallocated operating expenses include costs not specific to a particular segment but general to the entire group, such as expenses incurred for insurance of directors and officers, public company fees, legal fees, and other similar corporate costs.

    The MIL Network

  • MIL-OSI: Financial 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 6,054,449 Preferred Shares and 6,196,492 Class A Shares of the Company, representing 10% of the public float of 60,544,490 Preferred Shares and 61,964,925 Class A Shares. As of May 21, 2025, there were 60,567,417 Preferred Shares and 61,968,317 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 1,211,348 Preferred Shares or more than 1,239,366 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025 no Preferred Shares were purchased and 8,300 Class A Share purchases were made.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    The MIL Network

  • MIL-OSI: Dividend 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems. The NCIB will commence on June 2, 2025 and terminate on June 1, 2026.

    Pursuant to the NCIB, the Company proposes to purchase, from time to time, if it is considered advisable, up to 12,687,975 Preferred Shares and 13,219,443 Class A Shares of the Company, representing 10% of the public float of 126,879,752 Preferred Shares and 132,194,435 Class A Shares. As of May 21, 2025, there were 127,069,383 Preferred Shares and 132,275,624 Class A Shares issued and outstanding. The Company will not purchase, in any given 30-day period, in the aggregate, more than 2,541,387 Preferred Shares or more than 2,645,512 Class A Shares, being 2% of the issued and outstanding Preferred Shares and Class A Shares as of May 21, 2025. Under the previous normal course issuer bid that commenced on May 29, 2024 and terminated on May 28, 2025, no Preferred Shares or Class A Shares were purchased.

    The Board of Directors of the Company, on the advice of Quadravest Capital Management Inc., the Company’s investment manager, believes that such purchases are in the best interests of the Company and are a desirable use of its funds. All purchases will be made through the facilities and in accordance with the rules and policies of the TSX. All Preferred Shares or Class A Shares purchased by the Company pursuant to the NCIB will be cancelled.

    The Company invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect”, “intend”, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.dividend15.com info@quadravest.com

    The MIL Network