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Category: GlobeNewswire

  • MIL-OSI: Gabelli Global Small and Mid Cap Value Trust Declares Second Quarter Distribution of $0.16 Per Share

    Source: GlobeNewswire (MIL-OSI)

    RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) (the “Fund”) declared a $0.16 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025.

    The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for regulated investment companies, the Fund may pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the quarterly distributions for that year.

    Each quarter, the Board of Directors reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Directors will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. The Fund’s distribution policy is subject to modification by the Board of Directors at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

    All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their “net investment income”, which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

    If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.

    Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 17% from net capital gains and 83% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.

    Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

    Bethany Uhlein
    (914) 921-5546

    About The Gabelli Global Small and Mid Cap Value Trust
    The Gabelli Global Small and Mid Cap Value Trust is a diversified, closed-end management investment company with $136 million in total net assets whose primary investment objective is to achieve long-term capital growth of capital. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities (such as common stock and preferred stock) of companies with small or medium sized market capitalizations. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

    NYSE – GGZ
    CUSIP – 36249W104

    THE GABELLI GLOBAL SMALL AND MID CAP VALUE TRUST

    Investor Relations Contact:
    Bethany Uhlein
    (914) 921-5546
    buhlein@gabelli.com

    The MIL Network –

  • MIL-OSI: Credit Agricole Sa: GENERAL MEETING OF CRÉDIT AGRICOLE S.A.

    Source: GlobeNewswire (MIL-OSI)

    Press release

    Montrouge, 14 May 2025

    GENERAL MEETING OF CRÉDIT AGRICOLE S.A.

    The General Meeting of Shareholders of Crédit Agricole S.A. was held in Paris on Wednesday, 14 May 2025, in the presence of Chairman, Dominique Lefebvre, and Chief Executive Officer, Philippe Brassac.

    Over 1 700 people attended the General Meeting, either physically or remotely.

    With a quorum of 80,37%, the General Meeting approved all the resolutions put forward by the Board of Directors. All resolutions received a score of over 84% except for resolution A, which was rejected by more than 95%.

    Nearly 15 500 shareholders voted prior to the General Meeting, 78% of which voted online.

    Following the approval of the financial statements for the year ended 31 December 2024, the Crédit Agricole S.A. Ordinary General Meeting confirmed a dividend payout of €1.10 per share.

    In addition, the General Meeting appointed Olivier Desportes, Chairman of the Regional Bank of Côtes d’Armor, as a Director to replace Louis Tercinier, who has reached the statutory age limit.

    The General Meeting ratified the co-optation of Gaëlle Regnard, Chief Executive Officer of the Loire Haute-Loire Regional Bank, as Director to replace Hugues Brasseur as of 26 March 2025.
    The General Meeting also renewed the terms of Dominique Lefebvre, Pierre Cambefort, Jean-Pierre Gaillard and Christine Gandon.

    The Board of Directors, which met following the General Meeting, re-appointed Dominique Lefebvre as Chairman. On the proposal of Olivier Gavalda, the new Chief Executive Officer of Crédit Agricole S.A. since may 14, Jérôme Grivet has been appointed as sole Deputy Chief Executive Officer and second executive director.

    The Board of Directors, chaired by Dominique Lefebvre, warmly thanked Philippe Brassac and Xavier Musca for their commitment to the development of the Crédit Agricole Group in recent years.

    Crédit Agricole S.A. press contacts
    Alexandre Barat: 06 19 73 60 28 – alexandre.barat@credit-agricole-sa.fr
    Olivier Tassain: 06 75 90 26 66 – olivier.tassain@credit-agricole-sa.fr
    All our press releases can be found at: https://www.credit-agricole.com/en

            @Credit_Agricole            Groupe Crédit Agricole

    Customer Relations contacts – individual shareholders
    Freephone: +33 (0) 800 000 777 – relation@actionnaires.credit-agricole.com

    Customer Relations contacts – registered shareholders
    +33 1 57 78 34 31 – ct-contactcasa@uptevia.com

    Customer Relations contacts – institutional investors
    +33 1 43 23 04 31 – investor.relations@credit-agricole-sa.fr

    Attachment

    The MIL Network –

  • MIL-OSI: TMD Energy Limited Reports 2024 Full-Year Results

    Source: GlobeNewswire (MIL-OSI)

    Kuala Lumpur, Malaysia, May 14, 2025 (GLOBE NEWSWIRE) — TMD Energy Limited (NYSE: TMDE) (the “Company” or “TMDEL”), together with its subsidiaries (the “Group” or “TMDEL Group”) is a Malaysia and Singapore based service provider engaged in integrated bunkering services segment which involves ship-to-ship transfer of marine fuels, ship management services and vessel chartering services, today reported its financial results for the fiscal year ended December 31, 2024.

    Fiscal Year 2024 Financial Results Highlights

    • Group Revenue increased by 8.8% to $688.6 million in FY2024 from $633.1 million in FY2023.  Notably, revenue from our Bunkering Services Segment rose by $55.5 million.
    • Despite revenue grew by 8.8%, gross profit surged 32.7% to $16.0 million, with gross margin improving to 2.3% in FY2024 from 1.9% in FY2023.
    • Income from operations increased substantially by more than 130% to $6.0 million in FY2024 from $2.6 million in FY2023.
    • Net income remained stable at $1.9 million in FY2024, compared to $2.0 million for FY2023.

    Dato’ Sri Kam Choy Ho, Director and Chief Executive Officer of the Company commented, “In FY2024, the Company experienced sustainable revenue growth, primarily driven by the success of our Bunkering Services Segment.  Revenue notably increased by 8.8% in FY2024 to over $688 million, while net income remained stable at about $1.9 million, compared to $2.0 million a year earlier.”

    “The Bunkering Services Segment accounted for most of our revenue and net income, which benefited from improved operational efficiency and an expanding customer base. The redeployment of a vessel from vessel chartering services to the bunkering segment further enhanced our bunkering capacities, allowing us to better meet our client growing needs.”

    “Looking ahead, we recognize the importance of maintaining this momentum. Our focus will remain on optimizing balance sheet by enhancing our operational efficiencies and exploring new customer opportunities in the bunkering sector.  With our existing internal team of ship managers who are qualified professional mariners, we aim to continue growing our ship management revenue by targeting our existing bunkering client and external clients.  We’ll also maintain competitive pricing via our supplier leverage and transparent practices as we stay committed to leveraging our strengths to drive sustainable growth and deliver value to our stakeholders.”

    Financial Performance Overview

    Our Group reported an overall revenue of $688.6 million for FY2024, an increase of 8.8%, or equivalent to $55.5 million from $633.1 million in FY2023 due to rise in contribution from the Bunkering Services Segment.  This segment which contributed more than 99% of the Group’s revenue had enjoyed a 6.0% increase in the volume of oil cargo bunkered as our Group expanded its customer base.  Meanwhile, the Ship Management Segment had contributed the remaining $0.4 million of the Group’s revenue.

    We recorded an overall increase of 32.7% in our gross profit, or equivalent to $3.9 million, to $16.0 million for FY2024 from $12.1 million in FY2023.  As we strategically focus on penetrating new markets and expanding our customer base, we had managed to improve our gross profit margin from 1.91% in FY2023 to 2.33% in FY2024.

    General and administrative expenses had increased by $0.1 million in FY2024 to $5.2 million from $5.1 million as we participated in environmental, social and governance activities as part of our commitment to a sustainable green environment and incurring additional travelling expenses for our business expansion.

    Depreciation had increased by $0.5 million from $4.3 million in FY2023 to $4.8 million in FY2024 as we continued to maintain and dry-dock our vessels periodically to ensure their sea worthiness and condition when carrying out a safe and efficient bunkering operation.

    Interest expense had increased by $2.4 million to $4.6 million in FY2024, up from $2.2 million in FY2023 as higher volume of trade financing facilities were utilized to meet the increase in volume of oil cargo bunkered.

    Overall, net income remained stable at $1.9 million in FY2024, compared to $2.0 million for FY2023.

    About TMD Energy Limited

    TMD Energy Limited and its subsidiaries are principally involved in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil of which include high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil, to ships and vessels at sea. TMDEL Group is also involved in the provision of ship management services for in-house and external vessels, as well as vessels chartering. As of today, TMDEL Group operates in 19 ports across Malaysia with a fleet of 15 bunkering vessels. 

    For more information about our Company and its business activities, please visit our website at: www.tmdel.com.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including but not limited to, the Company’s Offering.  These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, result of operations, business strategy and financial needs.  Investors can identify these forward-looking statements by words or phrases such as “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue” or the negative of these terms or other comparable terminology.  The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.  Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s financial results filings with the SEC.

    For investor and media inquiries, please contact:

    TMD ENERGY LIMITED
    e-Mail : corporate@tmdel.com

    WFS INVESTOR RELATIONS
    e-Mail : services@wealthfsllc.com

    The MIL Network –

  • MIL-OSI: Ellsworth Growth and Income Fund Ltd. (NYSE: ECF) Increases Quarterly Distribution 23% to $0.16 Per Share From $0.13 Per Share

    Source: GlobeNewswire (MIL-OSI)

    RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (the “Fund”) declared a $0.16 per share cash distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025. The $0.16 quarterly distribution is a 23% increase from $0.13 per share, bringing the annual distribution rate to $0.64 from $0.52 per share. The increase follows on the strength of the Fund’s market total return of 27% in 2024.

    The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market prices or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies.

    Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. If necessary, the Fund pays an adjusting distribution in December, which includes any additional income and net realized capital gains in excess of the quarterly distributions. The Fund’s distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

    All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and with income that exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their “net investment income”, which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

    If the Fund does not generate earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.

    Long-term capital gains, qualified dividend income, investment company taxable income and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid in 2025 to common shareholders with respect to the Fund’s fiscal year ending September 30, 2025 would include approximately 19% from net investment income and 81% from net capital gains on a book basis. This information does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website. The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.

    Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

    Bethany Uhlein
    (914) 921-5546

    About Ellsworth Growth and Income Fund
    Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $186 million in total net assets. ECF invests primarily in convertible securities and common stock with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

    NYSE American: ECF
    CUSIP – 289074106

    ELLSWORTH GROWTH AND INCOME FUND LTD.
    Investor Relations Contact:
    Bethany Uhlein
    914.921.5546
    buhlein@gabelli.com

    The MIL Network –

  • MIL-OSI: Parsa Launches First Exchange for Range Perpetuals: A New Way to Trade Onchain Volatility

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 14, 2025 (GLOBE NEWSWIRE) — Perpetual futures have been the go-to trading instrument in crypto for years. They’re efficient, familiar, and easy to use. But they only let traders take one kind of position: up or down. Options offer more flexibility, but high costs and complexity have hindered their adoption onchain.

    Parsa is introducing Range Perpetuals, a derivative designed around trading price ranges instead of just price direction. The protocol is now live on mainnet, launching with its first market — SOL Daily.

    Range Perps lets traders choose a specific price band, like $145 to $150, and earn depending on the precision of the price prediction. This structure opens up strategies that aren’t possible with traditional perps; traders can now benefit from sideways markets, build positions around volatility, or take views on how duration the price of the underlying asset will stay within a zone. The mechanics are simple, but the strategies can be as nuanced as traders want them to be.

    Parsa is the first exchange built specifically for this kind of trading. It uses a tick-based system where each range has its own price, and all trades settle through the protocol itself without the need for traditional liquidity providers. The trading interface is straightforward and updates in real time, showing clear yield and PnL for each position. More assets and shorter or longer timeframes will roll out soon.

    “Perps changed the game for DeFi trading, but they don’t capture everything,” said Niteesh Settypalli, cofounder. “Range Perps let you trade how the market behaves, not just up or down.”

    In traditional finance, traders have long used volatility-focused products to express more complex views on the market with U.S. options markets alone clearing over 12 billion contracts in 2024, representing trillions in notional exposure. Range Perps bring that concept onchain in a way that’s simple to use and built for crypto.

    Parsa is now live at parsa.finance, with more updates coming soon.

    About Parsa

    Parsa is the first decentralized exchange for Range Perpetuals, a new class of onchain derivatives that allow traders to earn funding yield within defined price bands. Founded by a team of DeFi-native builders and researchers, Parsa makes it possible to trade volatility, time, and price behavior through a simple, composable product built for the next generation of crypto markets.

    Contact:
    Niteesh Settypalli
    niteesh@parsalabs.com

    Disclaimer: This is a paid post and is provided by Parsa. 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/98ff3c55-80ca-4a94-a077-baa35186d233

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Launches Phase 3 Presale Ahead of Mobile Mining Rollout via Nova App

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 14, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris, a next-generation blockchain platform engineered for speed, scalability, and accessibility, has entered Phase 3 of its public token presale, with BTC-S tokens now priced at 3 USDT. This milestone comes as the network prepares to launch the Nova App, a mobile-based mining tool that will enable users to mine tokens directly from their smartphones—an approach aimed at democratizing access to blockchain rewards.

    Mobile Mining Set to Onboard Millions

    The upcoming Nova App introduces a new way for individuals to participate in blockchain networks. Designed for ease of use, the app will allow users to contribute storage and idle CPU from their smartphones to passively mine BTC-S tokens. There’s no need for specialized hardware or staking procedures—Nova runs seamlessly in the background, making network participation more inclusive and globally accessible.

    “Our goal is to lower the barriers to blockchain mining,” said a Bitcoin Solaris spokesperson. “With the Nova App, anyone with a smartphone can contribute to the network and earn rewards, without the complexity that typically limits participation.”

    High-Speed Infrastructure with 2-Second Finality

    At the core of Bitcoin Solaris is a dual-layer blockchain architecture that delivers sub-2-second transaction finality. The network is capable of processing over 10,000 transactions per second (TPS), enabling use cases that range from DeFi and NFTs to real-time data processing.

    • The Base Layer ensures security and ledger integrity through a combination of Proof-of-Stake (PoS) and Proof-of-Capacity (PoC). This hybrid consensus reduces energy usage while maintaining decentralization.
    • The Solaris Layer handles smart contract execution and fast block production using Proof-of-History (PoH) and Proof-of-Time (PoT). This allows for deterministic block ordering and rapid propagation.

    This architecture was purpose-built for scalability at the protocol level—not added on as an afterthought—and is designed to handle high-frequency transactions with provable finality.

    Verified by Independent Security Audits

    To reinforce trust and security, Bitcoin Solaris has undergone multiple third-party reviews:

    • Cyberscope Audit reviewed the core protocol, identifying vulnerabilities and validating contract behavior under load.
    • Freshcoins Audit confirmed logic integrity and examined token mechanics.
    • KYC Verification ensures project leadership accountability—critical for investor and ecosystem trust.

    These certifications signal readiness for not only public use, but institutional scrutiny — something speed alone can’t replace.

    Limited Token Supply and Transparent Distribution

    Bitcoin Solaris maintains a hard cap of 21 million BTC-S tokens, with no inflation or dynamic minting. Token emissions follow a halving model, similar to Bitcoin, to promote long-term sustainability and value predictability. During Presale Phase 3, only 4.2 million tokens (20%) are available at the 3 USDT rate. In Phase 4, the price will increase to 4 USDT.

    For a technical dive into how Bitcoin Solaris achieves sub-2-second transaction finality, Crypto Royal walks through the network’s layered design, time-based consensus model, and how it compares to XRP in real-world performance scenarios.

    About Bitcoin Solaris

    Bitcoin Solaris is a high-performance, layer-1 blockchain protocol built to deliver ultra-fast transaction finality, energy-efficient consensus, and mass accessibility through mobile integration. The network is designed to support decentralized applications and everyday users alike, combining enterprise-level infrastructure with tools that enable anyone to participate.

    Website: https://bitcoinsolaris.com
    X (Twitter): https://x.com/BitcoinSolaris
    Telegram: https://t.me/Bitcoinsolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com

    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/ad2208fa-6981-4051-abdf-f11fd672b258

    https://www.globenewswire.com/NewsRoom/AttachmentNg/451e0475-9eb4-4058-af19-dc8749f89bb1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fe9aff59-3032-4661-9f67-fb691a20e558

    https://www.globenewswire.com/NewsRoom/AttachmentNg/24a489b2-0041-4082-84e8-c258e2d00899

    The MIL Network –

  • MIL-OSI: COFACE SA: Combined Shareholders’ General Meeting of 14 May 2025 approved all the proposed resolutions

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Combined Shareholders’ General Meeting of 14 May 2025 approved all the proposed resolutions

    Paris, 14 May 2025 – 17.45

    The Combined Shareholders’ General Meeting of COFACE SA was held on 14 May 2025 at the Company’s headquarters in Bois-Colombes, and it was chaired by Mr Bernardo Sanchez Incera, Chairman of the Board of Directors.

    All the proposed resolutions were adopted by COFACE SA’s shareholders, including the payment of a dividend of €1.40 per share for the 2024 financial year with the coupon date set at 20 May 2025, and the payment date at 22 May 2025.

    All documents related to this General Meeting are available on COFACE SA institutional website (www.coface.com) and more precisely under “Investors/General Assembly”.

    The resolution voting results are online at:

    https://www.coface.com/investors/regulated-information/documents-relating-to-the-general-assembly

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    MEDIA RELATIONS
    Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
    Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

    Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is quoted in Compartment A of Euronext Paris
    Code ISIN: FR0010667147 / Ticker: COFA

    DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

    Attachment

    The MIL Network –

  • MIL-OSI: Coterie Insurance Announces Appleton, Wisconsin as New HQ Location

    Source: GlobeNewswire (MIL-OSI)

    APPLETON, Wis., May 14, 2025 (GLOBE NEWSWIRE) — Coterie Insurance (Coterie), a tech-enabled, data-powered managing general agent (MGA), is pleased to announce the opening of a new headquarters (HQ) location in Appleton, Wisconsin.

    “As we continue to transform our business by boosting efficiency to amplify growth, our new headquarters location positions Coterie in the heart of the Midwest and central to our clients across the U.S., while being part of a business-friendly environment here in Wisconsin,” said David McFarland, CEO of Coterie.

    Formally relocating the company’s headquarters to Appleton provides a reduction in operational costs and improved efficiencies. Additionally, Coterie will realize an immediate improvement in accessibility to top talent and modern amenities, while also supporting the company’s planned growth and expansion.

    Located in Wisconsin’s Fox River Valley, Appleton is the third largest metropolitan area in Wisconsin and was recently named one of America’s most livable small to mid-size cities in 2025 by Livability.com. Coterie’s new HQ is located in Appleton’s walkable RiverHeath neighborhood. Coterie has also recently become a proud bronze level sponsor of the Independent Insurance Agents of Wisconsin (IIAW).

    Coterie partners with the industry’s top insurance companies to provide commercial property and casualty (P&C) coverages for small business (SMB) owners. By using technology to make SMB insurance effortless, Coterie’s distribution network of independent agents and brokers turns untapped opportunities into realized revenue through a transparent, accurate quote-to-bind process that can be completed in less than a minute.

    About Coterie Insurance (Coterie)
    Coterie Insurance (Coterie) is a tech-enabled, data-powered managing general agent (MGA) providing commercial property and casualty (P&C) coverages for small business (SMB) owners. Coterie’s technology enables a transparent, accurate, and rapid quote-to-bind process that results in opportunities for agents and the right coverage for small businesses, on-demand. For more information about Coterie, its products, or becoming an appointed agent, please visit www.coterieinsurance.com.

    Media Contact:
    Jennifer Overhulse
    St. Nick Media Services
    jen@stnickmedia.com
    859-803-6597

    The MIL Network –

  • MIL-OSI: Euronext publishes Q1 2025 results

    Source: GlobeNewswire (MIL-OSI)

    Euronext publishes Q1 2025 results

    Strong start of the year with growth of non-volume-related revenue, record FICC trading volumes and exceptional market volatility.

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 14 May 2025 – Euronext, the leading European capital market infrastructure, today publishes its results for the first quarter 2025 using the new, simplified reporting framework1.

    • Q1 2025 revenue and income was up +14.1% at €458.5 million:

    Non-volume-related revenue and income represented 57% of total revenue and income and covered 158% of underlying operating expenses, excluding D&A2:

    • Securities Services revenues grew to €83.4 million (+6.8%), driven by double-digit growth in custody and settlement revenue;
    • Capital Markets and Data Solutions revenue grew to €157.4 million (+6.6%), driven by the continued commercial expansion of Euronext Corporate and Investor Solutions and Technology Services and the strong performance of Advanced Data Solutions, supported by the acquisition of GRSS and by retail participation;
    • Net treasury income was €18.6 million (+58.8%), demonstrating the benefits of the Euronext Clearing expansion and the internalisation of net treasury income following the derivatives clearing migration in Q3 2024.

    Volume-related revenue was driven by high market volatility in Q1 2025:

    • FICC3Markets reported €90.7 million of revenue (+25.1%), driven by record performance in fixed income trading and clearing, commodities trading and clearing and FX trading;
    • Equity Markets revenue grew to €108.4 million (+18.0%), reflecting high volatility.
    • Underlying operating expenses excluding D&A were at €164.5 million (+9.1%). The increase compared to Q1 2024 reflects investments in growth and the impact of acquisitions performed in 2024, combined with strong costs discipline, in line with the ramp-up of growth investments set out as part of Euronext’s underlying cost guidance of €670 million for the full year 2025.
    • Adjusted EBITDA was €294.1 million (+17.0%) and adjusted EBITDA margin was 64.1% (+1.6pts).
    • Adjusted net income was €183.5 million (+11.8%) and adjusted EPS was €1.80 (+13.9%).
    • Reported net income was €164.8 million (+17.9%) and reported EPS was €1.62 (+20.0%).
    • Net debt to EBITDA4was at 1.4x at the end of March 2025, within Euronext’s target range of the “Innovate for Growth 2027” strategic plan. On 22 April 2025, Euronext had successfully redeemed the €500 million bond issued in connection with the acquisition of Euronext Dublin in April 2018.

    Key figures for the first quarter of 2025:

    In €m, unless stated otherwise Q1 2025 Q1 2024 % var % var l-f-l3F5
    Revenue and income 458.5 401.9 +14.1% +12.9%
    Underlying operational expenses excluding D&A2 (164.5) (150.7) +9.1% +7.2%
    Adjusted EBITDA 294.1 251.3 +17.0% +16.4%
    Adjusted EBITDA margin 64.1% 62.5% +1.6pts +1.9pts
    Net income, share of the parent company shareholders 164.8 139.7 +17.9%  
    Adjusted net income, share of the parent company shareholders 183.5 164.2 +11.8%  
    Adjusted EPS (basic, in €) 1.80 1.58 +13.9%  
    Reported EPS (basic, in €) 1.62 1.35 +20.0%  
    Adjusted EPS (diluted, in €) 1.80 1.58 +13.9%  
    Reported EPS (diluted, in €) 1.61 1.34 +20.1%  

    Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext, said:

    “In the first quarter of 2025, Euronext has delivered a remarkable performance. We achieved record revenue and income of €458.5 million, driven by initial successes of the strategic initiatives, growth of non-volume-related revenue and exceptional volatility across trading and clearing activities, especially in cash equity, fixed income, FX, power and commodities. Our diversified business model has allowed us to invest in growth and reach an adjusted EBITDA of €294.1 million, marking a significant +17.0% increase compared to Q1 2024. In Q1 2025, we reached record adjusted EPS (basic) of €1.80 per share. Our reported EPS (basic) grew by an impressive +20.0% compared to Q1 2024, to €1.62 per share.

    We have launched significant initiatives of our ‘Innovate for Growth 2027’ strategic plan to reinforce Euronext as a leader in the European financial markets. The upcoming consolidation of settlement for Amsterdam, Brussels and Paris equity trades in Euronext Securities represents a significant optimisation of the European post-trade landscape. With this strategic move, we foster the integration and competitiveness of European capital markets at an unprecedented speed.

    The launch late April 2025 of a European Common Prospectus6in English will pursue this ambition. This new initiative facilitates access to European capital markets and addresses the need for a competitive, integrated Savings and Investment Union. In addition, we are proud to launch a comprehensive set of measures to support the financing needs of companies that contribute to Europe’s strategic autonomy7.

    The acquisition in May 2025 of Admincontrol8, leader in the governance SaaS space, accelerates the development of Euronext Corporate Solutions in the Nordics, and reinforces Euronext’s subscription-based revenue.

    With this strong first quarter of 2025, we demonstrate our capacity to innovate ahead of the curve, leading the way to a stronger, more innovative and more competitive European capital market.”

    Q1 2025 business highlights

    • Q1 2025 revenue and income
      Q1 2025 Q1 2024 % var % var l-f-l
    Revenue and income (in €m) 458.5 401.9 +14.1% +12.9%
    Securities Services 83.4 78.1 +6.8% +4.8%
    Capital Markets and Data Solutions 157.4 147.6 +6.6% +4.5%
    Net treasury income 18.6 11.7 +58.8% +58.8%
    FICC Markets 90.7 72.5 +25.1% +25.2%
    Equity Markets 108.4 91.9 +18.0% +18.0%
    Other income 0.1 0.2 N/A N/A
    • Non-volume-related revenue
      • Securities Services
      Q1 2025 Q1 2024 % var % var l-f-l
    Revenue (in €m) 83.4 78.1 +6.8% +4.8%
    Custody and Settlement 75.8 67.9 +11.6% +9.4%
    Other Post Trade 7.6 10.2 -25.3% -25.3%

    Revenue from Custody and Settlement this quarter was at €75.8 million, +11.6% compared to Q1 2024. This strong performance was driven by growing Assets under Custody, dynamic settlement instructions and continued double-digit growth in services, supported by the acquisition of Acupay. At the end of the quarter, Assets under Custody amounted to €7.1 trillion, up +3.8% compared to end of Q1 2024. Over 39.3 million instructions were settled via Euronext Securities during the first quarter of 2025, up +9.3% compared to the first quarter of 2024.

    Other Post Trade revenue, which includes membership fees and other non-volume-related clearing fees, was €7.6 million in Q1 2025. The -25.3% decrease compared to Q1 2024 stems from the internalisation of the net treasury income related to Euronext derivatives flows in September 2024, which are now integrated in the net treasury income line.

    • Capital Markets and Data Solutions
      Q1 2025 Q1 2024 % var % var l-f-l
    Revenue (in €m) 157.4                147.6                  +6.6% +4.5%
    Primary Markets 46.3 45.5 +1.8% +2.1%
    Advanced Data Solutions 65.1 60.2 +8.1% +3.7%
    Corporate and Investor Solutions and Technology Services 45.9 41.8 +9.8% +8.1%

    Primary Markets revenue was €46.3 million in Q1 2025, an increase of +1.8% compared to Q1 2024. The first quarter recorded slower equity listing performance explained by a volatile environment. Euronext sustained its leading position for equity listing with 8 new listings.

    Advanced Data Solutions revenue was €65.1 million in Q1 2025, up +8.1% compared to Q1 2024. This dynamic performance reflects the contribution of GRSS, strong appetite from retail and growing monetisation of diversified datasets.

    Corporate and Investor Solutions and Technology Services revenue grew by +9.8% in Q1 2025 to €45.9 million. This strong performance reflects the continued commercial expansion of the governance SaaS offering, the increased use of colocation and microwave connectivity, and double-digit growth of investor solutions, supported by the acquisition of Substantive Research.

    Following the completion of the acquisition of Admincontrol on 13 May 2025, Admincontrol’s revenue will be integrated with Corporate and Investor Solutions and Technology Services revenue from Q2 2025.

    • Net treasury income

    Net treasury income was at €18.6 million (+58.8%). This reflect the benefit from the Euronext Clearing expansion and the internalisation of treasury income from LCH SA following the completion of the derivatives clearing migration, as well as higher cash collateral posted to the CCP due to the elevated market volatility.

    • Volume-related revenue
      • FICC Markets
      Q1 2025 Q1 2024 % var % var
    l-f-l
    Revenue (in €m) 90.7 72.5 +25.1% +25.2%
    Fixed income trading and clearing 51.8 39.1 +32.4% +32.4%
    Commodities9 trading and clearing 29.6 26.3 +12.8% +13.9%
    FX trading 9.2 7.1 +30.4% +26.5%

    Fixed income trading and clearing revenue reached €51.8 million in Q1 2025, up +32.4% compared to Q1 2024, driven by record fixed income trading activity supported by favourable market conditions.

    Commodities trading and clearing revenue reached €29.6 million in Q1 2025, up +12.8% compared to Q1 2024, reflecting record intraday power trading volumes and dynamic agricultural commodity trading and clearing.

    FX trading revenue was up +30.4%, at €9.2 million in Q1 2025, reflecting record trading volumes, and a positively geared volume mix.

    • Equity Markets
      Q1 2025 Q1 2024 % var % var
    l-f-l
    Revenue (in €m) 108.4 91.9 +18.0% +18.0%
    Cash equity trading and clearing 94.0 76.8 +22.5% +22.5%
    Financial derivatives trading and clearing 14.4 15.1 -4.8% -4.8%

    Cash equity trading and clearing revenue was €94.0 million in Q1 2025, up +22.5% driven by exceptional market volatility. Euronext recorded average daily cash trading volumes of €13.8 billion, up +31.8% compared to Q1 2024. Revenue capture on cash trading averaged 0.50 bps for the first quarter of 2025, impacted by higher volumes, stronger intraday volatility and larger average order size. Euronext market share on cash equity trading averaged 64.1% in Q1 2025.

    Financial derivatives trading and clearing revenue was €14.4 million in Q1 2025, -4.8% compared to Q1 2024. This decrease is mostly linked to the decrease of the average clearing fees, as following the clearing migration certain clearing fees are now reported in the line Other Post Trade revenues, and as such not fully comparable with Q1 2024.

    Q1 2025 financial performance

    In €m, unless stated otherwise Q1 2025 Q1 2024 % var % var
    l-f-l
    Revenue and income 458.5 401.9 +14.1% +12.9%
    Underlying operational expenses exc. D&A (164.5) (150.7) +9.1% +7.2%
    Adjusted EBITDA 294.1 251.3 +17.0% +16.4%
    Adjusted EBITDA margin 64.1% 62.5% +1.6pts +1.9pts
    Operating expenses exc. D&A (164.3) (159.4) +3.1% +1.2%
    EBITDA 294.2 242.6 +21.3% +20.6%
    Depreciation & Amortisation (48.3) (44.0) +9.8% +10.6%
    Total Expenses (inc. D&A) (212.6) (203.4) +4.6% +2.9%
    Adjusted operating profit 272.6 232.3 +17.4% +16.8%
    Operating Profit 245.9 198.6 +23.8%  
    Net financing income / (expense) (1.5) 4.7 N/A  
    Profit before income tax 244.4 203.3 +20.2%  
    Income tax expense (67.8) (54.7) +24.0%  
    Share of non-controlling interests (11.9) (8.9) +33.6%  
    Net income, share of the parent company shareholders 164.8 139.7 +17.9%  
    Adjusted Net income, share of the parent company shareholders10 183.5 164.2 +11.8%  
    Adjusted EPS (basic, in €) 1.80 1.58 +13.9%  
    Reported EPS (basic, in €) 1.62 1.35 +20.0%  
    Adjusted EPS (diluted, in €) 1.80 1.58 +13.9%  
    Reported EPS (diluted, in €) 1.61 1.34 +20.1%  
    • Q1 2025 adjusted EBITDA

    Underlying operating expenses excluding D&A1 were at €164.5 million (+9.1%). The increase compared to Q1 2024 reflects investments in growth and the impact of acquisitions performed in 2024, partially offset by cost discipline. In addition, Q1 2024 expenses were positively impacted by one-off releases.

    Driven by the double digit growth in revenue, adjusted EBITDA for the quarter reached €294.1 million, up +17.0% compared to Q1 2024. This represents an adjusted EBITDA margin of 64.1%, up 1.6pts vs. Q1 2024. On a like-for-like basis at constant currencies, adjusted EBITDA grew by +16.4% compared to Q1 2024.

    Q1 2025 non-underlying expenses profited from a one-off release of accruals. As a consequence, reported EBITDA was at €294.2 million, up +21.3% compared to Q1 2024.

    • Q1 2025 net income, share of the parent company shareholders

    Depreciation and amortisation accounted for €48.3 million in Q1 2025, +9.8% more than Q1 2024. PPA related to acquired businesses accounted for €20.4 million.

    Adjusted operating profit was €272.6 million, up +17.4% compared to Q1 2024.

    Euronext reported a net financing expense of €1.5 million in Q1 2025, compared to €4.7 million net financing income in Q1 2024. The variation reflects short-term FX movements and decreasing interest rates.

    Income tax for Q1 2025 was €67.8 million. This translated into an effective tax rate of 27.7% for the quarter, compared to 26.9% in Q1 2024.

    Share of non-controlling interests amounted to €11.9 million, correlated with the strong performance of MTS and Nord Pool.

    As a result, the reported net income, share of the parent company shareholders, increased by +17.9% for Q1 2025 compared to Q1 2024, to €164.8 million. This represents a reported EPS of €1.62 basic and €1.61 diluted. Adjusted net income, share of the parent company shareholders, was up +11.8% to €183.5 million. Adjusted EPS (basic) was €1.80. This increase reflects higher profit and a lower number of outstanding shares over the first quarter of 2025 compared to Q1 2024.

    The weighted number of shares used over the first quarter of 2025 was 101,695,588 for the basic calculation and 102,166,786 for the diluted calculation, compared to 103,640,164 and 104,040,256 respectively over the first quarter of 2024. The difference is due to the share repurchase programme executed by Euronext.

    In Q1 2025, Euronext reported a net cash flow from operating activities of €190.6 million, compared to €184.6 million in Q1 2024, reflecting higher profit before tax and higher income tax paid in Q1 2025. Excluding the impact on working capital from Euronext Clearing and Nord Pool CCP activities, net cash flow from operating activities accounted for 88.1% of EBITDA in Q1 2025.

    Q1 2025 corporate highlights since publication of the fourth quarter 2024 results on 13 February 2025

    • Euronext consolidates settlement on its markets to improve the competitiveness of European capital markets

    On 12 March 2025, Euronext has announced that from September 2026, Euronext Amsterdam, Brussels, and Paris will designate Euronext Securities as the central securities depository (CSD) for equity trade settlements. This aligns with Euronext’s “Innovate for Growth 2027” strategic plan and aims to enhance the competitiveness of European capital markets by addressing post-trade fragmentation. Currently, equity trade settlement in Europe is fragmented across over 30 CSDs. This initiative allows clients to consolidate settlement and custody activities across multiple markets into a single CSD, streamlining operations and enhancing liquidity. It also aids them adapting to regulatory changes, such as the move to T+1 settlement in October 2027. Additionally, Euronext has moved its own shares to Euronext Securities, showcasing the benefits of this consolidation for equity issuers.

    • Dividend payment schedule for 2025

    The Managing Board, upon the approval of the Supervisory Board, has decided to propose for approval at the Annual General Meeting the payment of a dividend of €2.90 per ordinary share (based on the total number of eligible shares). The dividend would be distributed evenly (pro rata the number of shares held) to holders of ordinary shares on the dividend record date set on 27 May 2025 (ex-dividend date is set on 26 May 2025 and payment date is set on 28 May 2025). This dividend represents a pay-out ratio of 50% of the reported net income, in line with Euronext’s current dividend policy.

    Corporate highlights since 1 April 2025

    • Euronext completes the acquisition of Admincontrol

    On 13 May 2025, Euronext announced the completion of the acquisition of 100% of the shares of Admincontrol for an enterprise value of NOK 4,650 million. This transaction complies with Euronext’s capital allocation policy, with a ROCE expected to exceed the WACC within three to five years post-closing11. Admincontrol will be part of Euronext Corporate Solutions, strengthening the development of the franchise in the Nordics and the UK. This acquisition supports Euronext’s strategy to expand its software-as-a-service (SaaS) offering and increases Euronext’s share of subscription-based revenue. Admincontrol has experienced double-digit growth over the past five years, with NOK 452 million in revenue and NOK 200 million in EBITDA in 202412. From the second quarter of 2025, Admincontrol’s revenue will be integrated into Euronext’s revenue line Corporate and Investor Solutions and Technology Services.

    • Launch of European Common Prospectus to accelerate capital market integration and boost IPO activity across the EU

    On 25 April 2025, Euronext has launched the European Common Prospectus, a standardised template for equity issuances, with the aim to integrate European capital markets more deeply. This initiative seeks to reduce regulatory fragmentation, enhance transparency, and promote cross-border investment. The prospectus, developed since November 2024, aligns with existing EU regulations and simplifies the listing process by reducing the required sections from 21 to 11. It uses English as the preferred language, facilitating cross-border access to capital. This new format benefits issuers by streamlining the listing process, and investors by providing consistency and comparability across EU jurisdictions. The full implementation of the Listing Act is expected by June 2026; but this prospectus addresses the immediate need to boost IPO activity in Europe in the meantime.

    • Euronext strengthens its support for European strategic autonomy

    On 6 May 2025, Euronext announced the implementation of a full set of initiatives to support investments in European strategic autonomy. This includes the creation of a new series of thematic indices covering companies that contribute to Europe’s strategic autonomy, tailored solutions to enhance equity financing of European aerospace and defence companies and facilitated issuance of European defence bonds13.

    • Euronext volumes for April 2025

    In April 2025, the average daily transaction value on the Euronext cash order book stood at €16.0 billion, up +44.1% compared to the same period last year. The overall average daily volume on Euronext derivatives stood at 712,389 lots, up +6.4% compared to April 2024, and the open interest was 25,388,147 contracts at the end of April 2025, up +6.4% compared to April 2024. The average daily volume on Euronext FX’s spot foreign exchange market stood at $38.2 billion, up +33.1% compared to the same period last year. Average daily day-ahead power traded was 2.7TWh, down -3.5% compared to the same period last year, and average daily intraday power traded was 0.5TWh, up +37.4% compared to April 2024. MTS Cash average daily volumes were up +55.4% to €55.8 billion in April 2025, MTS Repo term adjusted average daily volume stood at €723.1 billion, up +50.1% compared to the same period last year. Euronext Clearing cleared 32,206,770 shares in April 2025, +58.2% compared to April 2024. €2,752 billion of wholesale bonds were cleared in April 2025 (double counted), up +19.7% compared to the same period in 2024. 1,098,474 bond retail contracts were cleared in April 2025 (double counted), down -18.0% compared to April 2024. The number of derivatives contracts cleared was 14,247,781, up +934.7% compared to April 2024 (single counted). Euronext Securities reported 12,506,259 settlement instructions in April 2025, up +14.0% compared to the same period last year. The total Assets Under Custody reached over €7.0 trillion in April 2025, up +3.0% compared to the same period last year.

    Results Webcast

    A webcast will be held on Thursday, 15 May 2025, at 09:00 CEST (Paris time) / 08:O0 BST (London time):

    Live webcast:

    For the live webcast go to: Webcast

    The webcast will be available for replay after the call at the webcast link and on the Euronext Investor Relations webpage.
    Contacts

    ANALYSTS & INVESTORS – ir@euronext.com

    Investor Relations        Aurélie Cohen                 

    Judith Stein        +33 6 15 23 91 97          

    MEDIA – mediateam@euronext.com 

    Europe        Aurélie Cohen         +33 1 70 48 24 45   

    Andrea Monzani         +39 02 72 42 62 13 

    Belgium        Marianne Aalders         +32 26 20 15 01                 

    France, Corporate        Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 

    Ireland        Andrea Monzani         +39 02 72 42 62 13                 

    Italy         Ester Russom         +39 02 72 42 67 56                 

    The Netherlands        Marianne Aalders         +31 20 721 41 33                 

    Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10                 

    Portugal         Sandra Machado        +351 91 777 68 97                

    Corporate Solutions        Andrea Monzani         +39 02 72 42 62 13                          

    About Euronext  

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.

    As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host nearly 1,800 listed issuers with €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

    For the latest news, go to euronext.com or follow us on X and LinkedIn.

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. The figures in this document have not been audited or reviewed by our external auditor. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    Appendix

    The figures in this Appendix have not been audited or reviewed by our external auditor.

    Non-IFRS financial measures

    For comparative purposes, the company provides unaudited non-IFRS measures including:

    • Operational expenses excluding depreciation and amortisation, underlying operational expenses excluding depreciation and amortisation;
    • EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin.

    Non-IFRS measures are defined as follows:

    • Operational expenses excluding depreciation and amortisation as the total of salary and employee benefits, and other operational expenses;
    • Underlying operational expenses excluding depreciation and amortisation as the total of salary and employee benefits, and other operational expenses, excluding non-recurring costs;
    • Underlying revenue and income as the total of revenue and income, excluding non-recurring revenue and income;
    • Non-underlying items as items of revenue, income and expense that are material by their size and/or that are infrequent and unusual by their nature or incidence are not considered to be recurring in the normal course of business and are classified as non-underlying items on the face of the income statement within their relevant category in order to provide further understanding of the ongoing sustainable performance of the Group. These items can include:
      • integration or double run costs of significant projects, restructuring costs and costs related to acquisitions that change the perimeter of the Group;
      • one-off finance costs, gains or losses on sale of subsidiaries and impairments of investments:
      • amortisation and impairment of intangible assets which are recognised as a result of acquisitions and mostly comprising customer relationships, brand names and software that were identified during purchase price allocation (PPA);
      • tax related to non-underlying items.
    • Adjusted operating profit as the operating profit adjusted for any non-underlying revenue and income and non-underlying costs, including PPA of acquired businesses;
    • EBITDA as the operating profit before depreciation and amortisation;
    • Adjusted EBITDA as the adjusted operating profit before depreciation and amortisation adjusted for any non-underlying operational expenses excluding depreciation and amortisation;
    • EBITDA margin as EBITDA divided by total revenue and income;
    • Adjusted EBITDA margin as adjusted EBITDA, divided by total revenue and income;
    • Adjusted net income, as the net income, share of the parent company shareholders, adjusted for any non-underlying items and related tax impact.

    Non-IFRS financial measures are not meant to be considered in isolation or as a substitute for comparable IFRS measures and should be read only in conjunction with the consolidated financial statements.

    Consolidated income statement

      Q1 2025 Q1 2024
    in €m, unless stated otherwise Underlying Non-underlying Reported Underlying Non-underlying Reported
    Revenue and income 458.5 – 458.5 401.9 – 401.9
    Securities Services 83.4 – 83.4 78.1 – 78.1
    Custody and Settlement 75.8 – 75.8 67.9 – 67.9
    Other Post Trade 7.6 – 7.6 10.2 – 10.2
    Capital Markets and Data Solutions 157.4 – 157.4 147.6 – 147.6
    Primary Markets 46.3 – 46.3 45.5 – 45.5
    Advanced data solutions 65.1 – 65.1 60.2 – 60.2
    Corporate and Investor Solutions and Technology Services 45.9 – 45.9 41.8 – 41.8
    Net treasury income 18.6 – 18.6 11.7 – 11.7
    FICC Markets 90.7 – 90.7 72.5 – 72.5
    Fixed income trading and clearing 51.8 – 51.8 39.1 – 39.1
    Commodities income trading and clearing 29.6 – 29.6 26.3 – 26.3
    FX trading 9.2 – 9.2 7.1 – 7.1
    Equity Markets 108.4 – 108.4 91.9 – 91.9
    Cash equity trading and clearing 94.0 – 94.0 76.8 – 76.8
    Financial derivatives trading and clearing 14.4 – 14.4 15.1 – 15.1
    Other income 0.1 – 0.1 0.2 – 0.2
    Operating expenses excluding D&A (164.5) 0.1 (164.3) (150.7) (8.7) (159.4)
    Salaries and employee benefits (86.9) (0.5) (87.3) (80.7) (4.4) (85.1)
    Other operational expenses, of which (77.6) 0.6 (77.0) (70.0) (4.3) (74.3)
    System & communication (25.9) (0.1) (26.0) (24.6) (1.4) (26.0)
    Professional services (18.1) 1.0 (17.1) (11.9) (1.9) (13.8)
    Clearing expense (0.2) – (0.2) (9.1) – (9.1)
    Accommodation (4.6) (0.2) (4.8) (3.8) (0.3) (4.1)
    Other operational expenses (28.8) – (28.8) (20.6) (0.7) (21.3)
    EBITDA 294.1 0.1 294.2 251.3 (8.7) 242.6
    EBITDA margin 64.1%   64.2% 62.5%   60.4%
    Depreciation & amortisation (21.5) (26.8) (48.3) (19.0) (25.0) (44.0)
    Total expenses (185.9) (26.7) (212.6) (169.7) (33.7) (203.4)
    Operating profit 272.6 (26.7) 245.9 232.3 (33.7) 198.6
    Net financing income / (expense) (1.5) – (1.5) 4.7 (0.0) 4.7
    Profit before income tax 271.1 (26.7) 244.4 237.0 (33.7) 203.3
    Income tax expense (74.9) 7.1 (67.8) (63.4) 8.7 (54.7)
    Non-controlling interests (12.7) 0.9 (11.9) (9.3) 0.4 (8.9)
    Net income, share of the parent company shareholders 183.5 (18.8) 164.8 164.2 (24.5) 139.7
    EPS (basic, in €) 1.80   1.62 1.58   1.35
    EPS (diluted, in €) 1.80   1.61 1.58   1.34

    Adjusted EPS definition

      Q1 2025 Q1 2024
    Net income reported 164.8 139.7
    EPS reported 1.62 1.35
    Adjustments for non-underlying items included in:    
    Operating expenses exc. D&A                                       0.1 (8.7)
    Depreciation and amortisation                                   (26.8) (25.0)
    Minority interest 0.9 0.4
    Tax related to adjustments 7.1 8.7
    Adjusted net income 183.5 164.2
    Adjusted EPS 1.80 1.58

    Consolidated comprehensive income statement

      Q1 2025 Q1 2024
    Profit for the period 176.6 148.6
         
    Other comprehensive income    
    Items that may be reclassified to profit or loss:    
    – Exchange differences on translation of foreign operations 16.9 (26.3)
    – Income tax impact on exchange differences on translation of foreign operations (1.1) 2.6
    – Gains and losses on cash flow hedges 2.2 –
    – Change in value of debt investments at fair value through other comprehensive income – 0.2
    – Income tax impact on change in value of debt investments at fair value through
    other comprehensive income    		 – (0.1)
         
    Items that will not be reclassified to profit or loss:    
    – Remeasurements of post-employment benefit obligations (2.5) (0.3)
    Other comprehensive income for the period, net of tax 15.5 (23.8)
    Total comprehensive income for the period 192.1 124.8
         
    Comprehensive income attributable to:    
    – Owners of the parent 179.9 116.6
    – Non-controlling interests 12.2 8.2

    Consolidated statement of financial position

    in €m 31 March 2025 31 December 2024
    Non-current assets    
    Property, plant and equipment 107.4 106.2
    Right-of-use assets 88.2 57.5
    Goodwill and other intangible assets                                6,096.5                           6,096.2
    Deferred income tax assets 29.1 30.4
    Investments in associates and joint ventures                                          0.8                                    0.8
    Financial assets at fair value through OCI                                     357.0                               357.0
    Other non-current assets 3.4 3.5
    Total non-current assets 6,682.4 6,651.6
         
    Current assets    
    Trade and other receivables 574.2 412.9
    Income tax receivable 17.5 11.4
    Derivative financial instruments 2.2 –
    CCP clearing business assets 341,647.6 270,288.7
    Other current financial assets 59.5 63.8
    Cash & cash equivalents 1,642.3 1,673.5
    Total current assets 343,943.3                272,450.3
         
    Total assets 350,625.7 279,101.8
         
    Equity    
    Shareholders’ equity 4,224.6 4,245.2
    Non-controlling interests 161.7 156.8
    Total Equity 4,386.3 4,402.0
         
    Non-current liabilities    
    Borrowings 2,537.5 2,537.0
    Lease liabilities 71.7 46.2
    Other non-current financial liabilities 3.5 3.5
    Deferred income tax liabilities 495.1 496.8
    Post-employment benefits 23.0 21.0
    Contract liabilities 54.2 56.4
    Other provisions 7.0 7.2
    Total Non-current liabilities 3,192.1 3,168.2
         
    Current liabilities    
    Borrowings 524.0 516.5
    Lease liabilities 21.9 15.8
    Derivative financial instruments –                                         0.1
    CCP clearing business liabilities 341,695.3 270,357.9
    Income tax payable 99.3 91.1
    Trade and other payables 526.5 464.3
    Contract liabilities 176.2 80.1
    Other provisions 4.1 5.9
    Total Current liabilities 343,047.3 271,531.7
         
    Total equity and liabilities 350,625.7 279,101.8

    *The comparative figures for CCP clearing business assets and liabilities were both adjusted upwards by €69,713.3 million in the Universal Registration Document 2024 as published on 28 March 2025 due to an adjustment in the recognition of clearing business assets and clearing business liabilities, when compared to the positions in the press release dated 13 February 2025.

    Consolidated statement of cash flows

    in €m Q1 2025 Q1 2024
    Profit before tax 244.4 203.3
    Adjustments for:    
    – Depreciation and amortisation 48.3 44.0
               – Share based payments 3.9 3.9
    – Changes in working capital (37.4) (36.6)
    Cash flow from operating activities 259.2 214.7
    Income tax paid (68.6) (30.0)
    Net cash flows from operating activities 190.6 184.6
         
    Cash flow from investing activities    
    Purchase of current financial assets                                     (0.7) (21.7)
    Redemption of current financial assets                                      5.7 18.6
    Purchase of property, plant and equipment                                    (6.8) 0.1
    Purchase of intangible assets (23.0) (16.4)
    Interest received 10.3 10.4
    Proceeds from sale of property, plant, equipment and intangible assets                                         – 0.1
    Net cash flow from investing activities (14.6) (8.9)
         
    Cash flow from financing activities    
    Interest paid (0.8) (0.2)
    Payment of lease liabilities (5.5) (5.5)
    Transactions in own shares (204.5) (2.1)
    Dividends paid to non-controlling interests – (0.3)
    Net cash flow from financing activities (210.8) (8.2)
         
    Total cash flow over the period (34.8) 167.6
    Cash and cash equivalents – Beginning of period 1,673.5 1,448.8
    Non-cash exchange gains/(losses) on cash and cash equivalents 3.6 (6.8)
    Cash and cash equivalents – End of period 1,642.3 1,609.6

    Volumes for the first quarter of 2025

    • Securities Services
    Euronext Securities activity Q1 2025 Q1 2024 % var
    Number of settlement instructions over the period 39,317,842 35,963,785 +9.3%
    Assets under Custody (in €bn), end of period 7,132 6,871 +3.8%
    • Capital Markets
      Q1 2025 Q1 2024 % var
    Number of trading days 63 63 –
    Listings      
    Number of Issuers on Equities      
    Euronext 1,786 1,860 -4.0%
    SMEs 1,397 1,463 -5.0%
    Number of Listed Securities      
    Funds 2,163 2,392 -10.0%
    ETFs 4,158 3,861 +8.0%
    Bonds 55,645 56,862 -2.0%
    Capital raised on primary and secondary market      
    Total Euronext, (€ million)      
    Number of new equity listings 8 10  
    Money Raised – New equity listings (including over-allotment) 237 156 +52.0%
    Money Raised – Follow-ons on equities 2,850 8,012 -64.0%
    Money Raised – Bonds 316,716 380,183 -17.0%
    Total Money Raised 319,803 388,352 -18.0%
    of which SMEs      
    Number of new equity listings 8 9  
    Money Raised – New equity listings (including over-allotment) 237 156 +52.0%
    Money Raised – Follow-ons on equities 1,278 4,957 -74.0%
    Money Raised – Bonds 396 478 -17.0%
    Total Money Raised 1,911 5,591 -66.0%
    • FICC Markets

    Fixed income trading

      Q1 2025 Q1 2024 % var
    Transaction value (€ million, single counted)      
    MTS      
    ADV MTS Cash 56,791 34,658 +64.0%
    TAADV MTS Repo 508,929 491,789 +3.0%
    Other fixed income      
    ADV Fixed income 1,932 1,744 +11.0%

    Fixed income clearing

    Number of transactions and lots cleared Q1 2025 Q1 2024 % var
    Bonds – Wholesale (nominal value in €bn – double counted) 8,160 7,392 +10.0%
    Bonds – Retail (number of contracts – double counted) 4,175,846 3,800,084 +10.0%

    Commodities markets

      Q1 2025 Q1 2024 % var
    Number of trading days              90 91 -1.1%
    Power volume (in TWh)      
    ADV Day-ahead Power Market          3.28 3.32 -1.2%
    ADV Intraday Power Market          0.43 0.29 +47.3%
      Q1 2025 Q1 2024 % var
    Number of trading days 63 63 –
    Derivatives Volume (in lots)      
    Commodity 7,886,335 7,193,909 +9.6%
    Futures 7,570,868 6,756,390 12.1%
    Options 315,467 437,519 -27.9%
    Derivatives ADV (in lots)      
    Commodity 125,180 114,189 9.6%
    Futures 120,173 107,244 12.1%
    Options 5,007 6,945 -27.9%
      31 March 2025 31 March 2024 % var
    Open interest (in lots)      
           
    Commodity 1,043,370 923,004 +13.0%
    Futures 841,449 584,361 +44.0%
    Options 201,921 338,643 -40.4%

    FX Markets

      Q1 2025 Q1 2024 % var
    Number of trading days 63 63 –
    FX volume ($m, single counted)      
    Total Euronext FX 1,856,742 1,583,472 +17.3%
    ADV Euronext FX 29,472 24,742 +19.1%
    • Equity Markets

    Cash trading

      Q1 2025 Q1 2024 % var
    Number of trading days 63 63 –
    Number of transactions (buy and sell)      
    Total Cash Market 188,721,610 152,340,714 +24.0%
    ADV Cash Market 2,995,581 2,418,107 +24.0%
    Transaction value (€ million, single counted)      
    Total Cash Market 867,015 657,688 +31.8%
    ADV Cash Market 13,762 10,439 +31.8%

    Cash clearing

    Number of transactions and lots cleared Q1 2025 Q1 2024 % var
    Shares (number of contracts – single counted) 76,849,676 58,446,470 +31.0%
    Derivatives (number of contracts – single counted) 42,112,910 5,823,089 +623.0%

    Financial derivatives markets

      Q1 2025 Q1 2024 % var
    Number of trading days 63 63 –
    Derivatives Volume (in lots)      
    Equity 34,226,575 32,815,066 +4.3%
    Index 11,889,419 12,477,980 -4.7%
    Futures 6,946,746 7,240,666 -4.1%
    Options 4,942,673 5,237,314 -5.6%
    Individual Equity 22,337,156 20,337,086 +9.8%
    Futures 489,757 574,911 -14.8%
    Options 21,847,399 19,762,175 +10.6%
           
    Derivatives ADV (in lots)      
    Equity 543,279 520,874 +4.3%
    Index 188,721 198,063 -4.7%
    Futures 110,266 114,931 -4.1%
    Options 78,455 83,132 -5.6%
    Individual Equity 354,558 322,811 +9.8%
    Futures 7,774 9,126 -14.8%
    Options 346,784 313,685 +10.6%
           
    Open interest (in lots) 31 March 2025 31 March 2024 % var
    Equity 23,589,360 21,831,754 +8.1%
    Index 1,052,853 878,571 +19.8%
    Futures 477,425 638,777 -25.3%
    Options 575,428 239,794 +140.0%
    Individual Equity 22,536,507 20,953,183 +7.6%
    Futures 165,404 564,408 -70.7%
    Options 22,371,103 20,388,775 +9.7%

    1www.euronext.com/en/media/13322/download
    2 Definition in Appendix – adjusted for non-underlying operating expenses excluding D&A and non-underlying revenue and income.
    3   Fixed income, commodities and currencies
    4 Last twelve months reported and adjusted EBITDA
    5 Like-for-like basis at constant currency
    6www.euronext.com/en/about/media/euronext-press-releases/euronext-launches-european-common-prospectus-accelerate-capital
    7www.euronext.com/en/about/media/euronext-press-releases/euronext-strengthens-its-support-for-european-strategic
    8www.euronext.com/en/about/media/euronext-press-releases/euronext-completes-acquisition-admincontrol
    9 Including revenue from power trading and clearing
    10 For the total adjustments performed please refer to the Appendix of this press release
    11 The cashflow related to the transaction will be communicated as part of Q2 2025 results
    12 Unaudited figures
    13www.euronext.com/en/about/media/euronext-press-releases/euronext-strengthens-its-support-for-european-strategic

    Attachment

    The MIL Network –

  • MIL-OSI: Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) Increases Quarterly Distribution 13% to $0.17 From $0.15 Annual Distribution to $0.68 From $0.60 Per Share

    Source: GlobeNewswire (MIL-OSI)

    RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) — The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (the “Fund”) approved an increase in the annualized distribution to $0.68 per share, which will be paid $0.17 per share quarterly, commencing with the quarterly distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025.

    The Fund intends to pay a quarterly distribution determined by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for regulated investment companies, the Fund may pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the quarterly distributions for that year.

    Each quarter, the Board of Trustees reviews the amount of any potential distribution and the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. The Fund’s distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

    All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject up to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their “net investment income”, which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

    If the Fund does not generate earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.

    Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 4% from net investment income, 80% from net capital gains and 16% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.

    Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

    Bethany Uhlein
    (914) 921-5546

    About The Gabelli Healthcare & WellnessRxTrust
    The Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company with $218 million in total net assets whose primary investment objective is long-term growth of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

    NYSE: GRX
    CUSIP – 36246K103

    THE GABELLI HEALTHCARE & WELLNESSRx TRUST
        Investor Relations Contact:
        Bethany Uhlein
        914.921.5546
        buhlein@gabelli.com

    The MIL Network –

  • MIL-OSI: Channel Factory Strengthens North American Leadership to Accelerate Growth and Expansion

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising company, today announced several strategic leadership appointments to bolster its North American operations and drive the company’s next phase of growth, appointing Kevin Gentzel as President, Americas. Gentzel brings over two decades of experience leading revenue and transformation strategies at some of the world’s most recognized media and technology companies.

    This follows Channel Factory’s recent investment from Truelink Capital, which was specifically designed to help Channel Factory advance its future growth, and this announcement further reinforces that plan.

    In previous roles, Gentzel served as Global Chief Commercial and Growth Officer at Newsweek, was the first Chief Revenue Officer at Gannett and held the position of Head of Advertising Sales for North America at Yahoo. He has also held the position of Chief Revenue Officer at The Washington Post. During his time at The Washington Post as CRO, Gentzel helped lead the company through the Jeff Bezos acquisition. Gentzel was also the first CRO at Forbes Media, and under his leadership, the company developed the Forbes CMO Summit and Practice and launched “AdVoice” (now BrandVoice), an industry-leading version of branded content.

    Gentzel is a sought after voice at top industry conferences and has spoken at events to include Business Insider’s IGNITION, Financial Times’ Digital Media Summit in London, Forbes CMO Summit, and Digiday’s Publishing Summit.

    “As Channel Factory continues to scale and evolve, bringing on exceptional leaders is critical to realizing our vision. Kevin’s ability to drive innovation and business growth at the highest levels of media and technology makes him an invaluable addition to our executive team,” said Tony Chen Founder and CEO of Channel Factory.

    “This leadership investment underscores Channel Factory’s commitment to evolving its executive team to meet the growing needs of the digital media industry and support its ambitious expansion plans,” continued Chen.

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

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

    Media Contact:
    Andrew Krepow
    andrew@broadsheetcomms.com

    The MIL Network –

  • MIL-OSI: Notice Regarding Uab „orkela“ Financial Statements for 3-Month Period Ended 31 March 2025

    Source: GlobeNewswire (MIL-OSI)

    Key Information About the Company

    UAB „Orkela“ (hereinafter – the Company) is a private limited company, registered with VĮ „Registrų centras“ on September 24, 2015.

    Registered office address: Jogailos g. 4, Vilnius. The Company has no branches or representative offices.

    Main Business Activities

    The Company’s primary activity is real estate development and construction. The Company owns a land plot and a building complex located at Vasario 16-osios g. 1, Vilnius. The Company is developing a lyceum and hotel complex near St. Philip and St. Jacob Church and Monastery in Vilnius.

    Key Events in Q1 2025

    • January 9, 2025 – A bondholders’ meeting was held, where a decision was made to extend the bond redemption deadline until July 19, 2025.
    • April 10, 2025 – The State Territorial Planning and Construction Inspectorate under the Ministry of Environment approved the completion of the construction of the administrative part of the development project.

    Financial Overview for Q1 2025

    • During the first quarter of 2025, the Company invested €9.7 million in project development.
    • During this period, the Company incurred €269.8 thousand in project-related expenses and €892.7 thousand in project financing costs.
    • As of March 31, 2025, the Company’s assets totaled €60,825 thousand (compared to €52,376 thousand as of December 31, 2024).

    Anastasija Pocienė

     Director, UAB „Orkela“

    Attachment

    The MIL Network –

  • MIL-OSI: ESFI Spreads Awareness of Overhead Power Line Safety With “Always Look Up” Campaign

    Source: GlobeNewswire (MIL-OSI)

    ARLINGTON, Va., May 14, 2025 (GLOBE NEWSWIRE) — Data compiled and analyzed by the Electrical Safety Foundation International (ESFI) shows that the most significant category of workplace electrical fatalities is non-electrical workers coming into contact with overhead power lines. Many of these accidents involve workers with little or no electrical safety training. Contact with overhead power lines is also one of the leading causes of electrical fatalities outside of the workplace across the United States.

    In fact, overhead power line contact accounts for 48% of all workplace electrical fatalities, 57% of electrical fatalities in non-electrical occupations, and 30% of all electrical fatalities that occur in the United States. The Centers for Disease Control (CDC) reports that between 2018 and 2023, there were 538 total fatalities caused by overhead power lines in the U.S. A large number of these incidents can be avoided with heightened awareness of outside surroundings. “Overhead power line contacts are unique because in many cases the fatality occurred when the power line was clearly visible,” said Daniel Majano, ESFI’s Program Director.

    In response, ESFI launched an update to its “Always Look Up” campaign in May to spread awareness to key groups. This year, as part of its National Electrical Safety Month efforts, ESFI is releasing several new materials, including a new infographic, to remind the public to be aware of overhead power lines in their surroundings.

    Some of the key groups targeted in this campaign are homeowners, heavy truck operators, tree trimmers, and roofers. Here are some ways that individuals can find themselves in danger due to overhead power lines:

    • At home: Individuals working on their roofs or gutters or using ladders to set up decorations, such as holiday lights, can inadvertently come into contact with power lines around their home. Before starting any work around your house, be aware of overhead power lines and the electrical service entrance to your home. Stay at least 10 feet away from all power lines.
    • Heavy truck operators: Workers operating trucks with extendable truck beds can unknowingly raise their truck beds into low-hanging overhead power lines.
    • Tree trimmers: Tree trimming workers often perform their work using elevating work platforms or using trimming tools with long handles, allowing them to make contact with tree branches far above the ground. When tree branches grow out and become entangled with overhead power lines, trimmers can inadvertently contact the lines with their tools.
    • Roofers and painters: Individuals doing work on the exterior of a building can make contact with power lines while carrying or setting up ladders.

    ESFI encourages everyone to “always look up, in all ways” to avoid contact with overhead power lines. Some additional best practices include carrying ladders horizontally, avoiding touching anything in contact with power lines, and staying 35 feet away from downed power lines.

    “We believe that this is an issue where we can save a lot of lives through raising awareness and emphasizing the simple principle of ‘Always Look Up’”, said ESFI Executive Director Jennifer LeFevre, adding, “It’s great advice for anyone doing work outside.”

    The new materials for National Electrical Safety Month 2025 include the following, which are free to use and distribute:

    ABOUT ESFI

    The mission of the Electrical Safety Foundation International (ESFI) is to prevent electrically related injuries, deaths, and fires through public education and outreach by being the trusted voice on electrical safety. For free safety materials that you can share throughout your community, visit esfi.org.

    Contact:
    Evan Jones
    Electrical Safety Foundation International
    703.841.3247
    evan.jones@esfi.org 

    The MIL Network –

  • MIL-OSI: PFMcrypto Introduces 1-Day Earning Plans as User Base Reaches 9.2 Million Across 192 Countries

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 14, 2025 (GLOBE NEWSWIRE) — PFMcrypto, the most trusted cloud mining platform in 2025, has launched new 1-day earning plans to provide users with additional flexibility in generating passive cryptocurrency income. This development follows continued growth for the platform, which now serves over 9.2 million users in 192 countries.

    Founded in 2018, PFMcrypto enables individuals to earn cryptocurrency digital assets through a low-cost structure. The platform operates without requiring users to make deposits or connect external wallets. Its features are designed to accommodate both new and experienced users seeking low-barrier access to short-term earnings.

    Users can learn more and register at https://PFMcrypto.net.

    Platform Highlights

    • $10 Bonus for New Users: Upon registration, users receive a $10 credit in digital assets with no financial commitment.
    • Flexible Plans: Income cycles of 1, 2, or 5 days are available for users to activate.
    • AI-Based Optimization: The platform uses an automated system to switch between cryptocurrencies such as BTC, ETH, and SOL based on market trends.
    • Fast Withdrawals: Earnings are processed within 1 to 5 minutes, and users incur no withdrawal or maintenance fees.
    • Security Framework: Safety measures include cold wallet storage, two-factor authentication (2FA), and blockchain-based smart contracts.
    • Compliance Protocols: PFMcrypto enforces Know Your Customer (KYC) policies in line with international regulations.

    PFMcrypto has been recognized by Global Fintech Insights as the “Most Innovative Digital Asset Platform of 2025.” It supports 11 cryptocurrencies and is accessible in 10 languages. Verified user feedback reflects a satisfaction score of 4.7 out of 5 from over 1.4 million reviews.

    According to data published by Blockchain Analytics Group, digital asset tools with simplified structures and shorter earning cycles are seeing increased adoption globally. Platforms that eliminate traditional financial barriers while maintaining user control are gaining traction among individuals looking for additional income streams.

    An independent case study noted that a user generated $2,400 in digital asset returns over 30 days using the platform’s optimization features. PFMcrypto reports that such outcomes are possible due to its automated real-time switching between supported currencies, designed to reflect prevailing market performance.

    About PFMcrypto

    PFMcrypto is a cloud-based digital asset platform focused on providing access to passive cryptocurrency income without requiring deposits, technical skills, or hardware. Operating across 192 countries, the platform emphasizes transparency, accessibility, and regulatory compliance.

    Media Contact:

    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/4196cd29-edcc-429b-bd7c-a7ddf7c0de1f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3801aa5-57f0-47fb-ac58-fe1a2d4c0dba

    The MIL Network –

  • MIL-OSI: Alaris Equity Partners Announces Upsizing of Previously Announced Convertible Unsecured Senior Debentures

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN THE UNITED STATES.
    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

    CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (“Alaris” or the “Trust”) (TSX: AD.UN) is pleased to announce that as a result of excess demand, it has agreed with the syndicate of underwriters led by National Bank Financial Inc., CIBC Capital Markets, and Desjardins Capital Markets to increase the size of its previously announced bought deal financing. Alaris will now issue 80,000 convertible unsecured senior debentures due June 30, 2030 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”) for aggregate gross proceeds of $80,000,000 (the “Offering”). The Trust has also granted the Underwriters an option to purchase up to an additional $12,000,000 aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, from time to time, up to 30 days following the closing of the Offering. Unless otherwise stated, all numbers in this press release are presented in Canadian dollars.

    In all other respects, the terms of the Offering and use of proceeds therefrom will remain as previously disclosed in the original press release dated May 13, 2025. The Offering is expected to close on or about June 2, 2025 (the “Closing Date”), and is subject to certain conditions including, but not limited to, the receipt of all necessary corporate and regulatory approvals, including the approval of the Toronto Stock Exchange. A preliminary short form prospectus will be filed with securities regulatory authorities in all provinces of Canada, other than the province of Québec.

    This news release is not an offer of securities of Alaris for sale in the United States. The Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and the Debentures may not be offered or sold in the United States except pursuant to an applicable exemption from such registration. No public offering of securities is being made in the United States. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    ABOUT ALARIS

    The Trust, through its subsidiaries, invests in a diversified group of private businesses (“Partners”) primarily through structured equity. The primary goal of our structured equity investments is to deliver stable and predictable returns to our unitholders through both cash distributions and capital appreciation. This strategy is enhanced by common equity positions, which allow us to generate returns in alignment with the founders of our Partners.

    FORWARD LOOKING STATEMENTS

    This news release contains forward-looking statements, including forward-looking statements within the meaning of “safe harbor” provisions under applicable securities laws (“forward-looking statements“). Statements other than statements of historical fact contained in this news release may be forward-looking statements including, without limitation, management’s expectations, intentions and beliefs concerning: the anticipated Closing Date; the intended use of proceeds of the Offering; the anticipated terms and timing of conversion, redemption and maturity of the Debentures; expectations regarding the filing of a preliminary prospectus and the anticipated jurisdictions for the Offering. Many of these statements can be identified by words such as “believe”, “expects”, “will”, “intends”, “projects”, “anticipates”, “estimates”, “continues” or similar words or the negative thereof. There can be no assurance that the plans, intentions or expectations on which these forward-looking statements are based will occur.

    By their nature, forward-looking statements require Alaris to make assumptions and are subject to inherent risks and uncertainties. Key assumptions include, but are not limited to, assumptions that: the required regulatory approvals for the Offering will be obtained in a timely fashion; the Debentures and trust units issued upon the conversion of the Debentures will be listed for trading on the TSX; interest rates will not rise in a matter materially different from the prevailing market expectations over the next 12 to 24 months; no widespread global health crisis will impact the economy or any Partners’ operations in a material way in the next 12 months; the businesses of the majority of our Partners will continue to grow; the businesses of new Partners and those of existing Partners will perform in line with Alaris’ expectations and diligence; more private companies will require access to alternative sources of capital and that Alaris will have the ability to raise required equity and/or debt financing on acceptable terms.

    Forward-looking statements are subject to risks, uncertainties and assumptions and should not be read as guarantees or assurances of future performance. The actual results of the Trust and the Partners could materially differ from those anticipated in the forward-looking statements contained herein as a result of certain risk factors, including, but not limited to: the ability of the Trust to obtain the required regulatory approvals for the Offering; the ability of our Partners and, correspondingly, Alaris to meet performance expectations for 2025 and beyond; any change in the senior lenders’ outlook for Alaris’ business; management’s ability to assess and mitigate the impacts of any local, regional, national or international health crises like COVID-19 or its variants; the dependence of Alaris on the Partners; reliance on key personnel; general economic conditions in Canada, North America and globally; failure to complete or realize the anticipated benefit of Alaris’ financing arrangements with the Partners; a failure of the Trust or any Partners to obtain required regulatory approvals on a timely basis or at all; changes in legislation and regulations and the interpretations thereof; risks relating to the Partners and their businesses, including, without limitation, a material change in the operations of a Partner or the industries they operate in; inability to close additional Partner contributions in a timely fashion, or at all; a change in the ability of the Partners to continue to pay Alaris’ distributions; a material change in the unaudited information provided to Alaris by the Partners; a failure of a Partner (or Partners) to realize on their anticipated growth strategies; a failure to achieve the expected benefits of the third-party asset management strategy or similar new investment structures and strategies; conflicts of interest that may arise under the asset management strategy or otherwise; a failure to achieve resolutions for outstanding issues with Partners on terms materially in line with management’s expectations or at all; and a failure to realize the benefits of any concessions or relief measures provided by Alaris to any Partner or to successfully execute an exit strategy for a Partner where desired. Additional risks that may cause actual results to vary from those indicated are discussed under the heading “Risk Factors” and “Forward Looking Statements” in the Trust’s Management Discussion and Analysis for the year ended December 31, 2024, which is filed under the Trust’s profile at www.sedarplus.ca and on its website at www.alarisequitypartners.com.

    Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. Statements containing forward-looking information reflect management’s current beliefs and assumptions based on information in its possession on the date of this news release. Although management believes that the assumptions reflected in the forward-looking statements contained herein are reasonable, there can be no assurance that such expectations will prove to be correct.

    The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release and Alaris does not undertake or assume any obligation to update or revise such statements to reflect new events or circumstances except as expressly required by applicable securities legislation.

    Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

    For further information please contact:

    ir@alarisequity.com
    P: (403) 260-1457
    Alaris Equity Partners Income Trust
    Suite 250, 333 24th Avenue S.W.
    Calgary, Alberta T2S 3E6
    www.alarisequitypartners.com

    The MIL Network –

  • MIL-OSI: Beam Global to Release Q1 2025 Operating Results, Conference Call Scheduled for May 15, 2025 at 4:30 p.m. ET

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) —  Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q1 2025 operating results on Thursday, May 15, 2025 after the market closes. Management will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.

    Conference call details:

    Date: May 15, 2025
    Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific
    Toll-Free Dial-In Number: 1-844-739-3880
    International Dial-In Number: 1-412-317-5716

    Pre-register for the call through this link: https://dpregister.com/sreg/10200046/ff2f9aecc8

    All callers should pre-register for the call through the link above. Please dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the Beam Global call.

    A webcast archive will be available on our website (www.BeamForAll.com) following the call.

    About Beam Global
    Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL and Belgrade and Kraljevo, Serbia. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.com, LinkedIn, YouTube, Instagram and X (formerly Twitter).

    Investor Relations
    Luke Higgins
    +1-858-799-4583
    IR@BeamForAll.com

    Media Contact
    Andy Lovsted
    +1-858-335-8465
    Press@BeamForAll.com

    The MIL Network –

  • MIL-OSI: XenDex Prepares to Reveal Full Platform Mockup Design as $XDX Presale Nears Final Countdown

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) — XenDex, the first all-in-one decentralized exchange on the XRP Ledger, is proud to announce that its full platform is actively in development, and a first-look mockup design is set to be revealed in a few hours.

    With all core features being built into a sleek, user-friendly interface, XenDex is delivering what no other XRPL-based project has offered to date: a unified DeFi experience that combines AI-powered copy trading, non-custodial lending and borrowing, staking, cross-chain trading, and DAO governance, all within a single platform.

    Purchase $XDX At A low Price

    XenDex Platform Preview Coming Soon

    To demonstrate the depth of development underway, XenDex will release visual mockups of the upcoming platform, giving investors and community members an exclusive preview of how the platform will look, feel, and function.

    From live trading interfaces to lending dashboards, staking portals, and AI copy trading modules, this upcoming design reveal will provide a clear glimpse into the future of decentralized finance on XRP.

    Buy $XDX Now & Earn Rewards

    Why You Should Join the $XDX Presale Before It’s Too Late

    As development accelerates, the $XDX token presale is rapidly approaching sellout, and the current entry price will not last much longer.

    • Current Rate: 1.25 XRP = 10 XDX
    • Minimum Buy: 150 XRP
    • Soft Cap: Reached

    Buy Now Before Presale Ends: https://xendex.net/presale

    Once sold out, the next chance to acquire $XDX will be on major centralized exchanges, at a significantly higher price.

    $XDX: The Utility Token Powering XenDex

    The $XDX token unlocks full access to all features on the XenDex platform, including:

    • Governance voting
    • Reduced trading & borrowing fees
    • Staking rewards & liquidity incentives
    • Copy trading integration
    • Collateral for lending protocols
    • Priority access to new features and airdrops

    Buy XDX Before Listing On Exchange

    XenDex Platform Key Features

    • AI-Powered Copy Trading – Mirror professional traders to maximize gains
    • Lending & Borrowing – Borrow and lend XRP and $XDX with smart contract security
    • Cross-Chain Trading – Swap XRP with tokens across BNB Chain, Solana, and more
    • Staking & Yield Farming – Earn while supporting platform liquidity
    • DAO Governance – $XDX holders vote on upgrades, proposals, and token listings

    With its clean, mobile-friendly design, XenDex is being built to onboard everyone, from DeFi beginners to institutional traders.

    Join the XenDex Movement

    Website: https://xendex.net
    Presale: https://xendex.net/presale
    Telegram: https://t.me/xendexcommunity
    Twitter/X: https://x.com/xendex_xrp
    Docs: https://xdxdocs.gitbook.io

    Contact:
    Frank Richards
    Frank@xendex.net

    Disclaimer: This is a paid post provided by XenDex. 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/aefbc255-de35-4f03-a6ec-b8786296bf8d

    The MIL Network –

  • MIL-OSI: Flex Launches Petition to Expand HSA/FSA Eligibility Across Women’s Health

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 14, 2025 (GLOBE NEWSWIRE) — In recognition of Women’s Health Month, Flex, the leading HSA/FSA payment solution for health and wellness brands, has launched a petition urging the IRS and U.S. Department of the Treasury to expand HSA/FSA eligibility across a broader range of essential women’s health products and services.

    While the CARES Act of 2020 marked a meaningful milestone by making menstrual care products eligible for tax-free reimbursement, many other vital women’s health needs remain excluded. For example, products to reduce or alleviate symptoms of menopause related to sexual function and pelvic floor often require Letters of Medical Necessity (LMN). The same is true for doula services and lactation consultants.

    “There is too much friction to use your HSA/FSA funds on essential women’s health products services,” said Sam O’Keefe, Co-Founder and CEO of Flex. “It’s time we align healthcare benefits with modern women’s health needs.”

    Paving the way for Women’s Health

    Flex’s petition calls for eligibility expansion to include medically recommended—but currently uncovered—items such as lactation support products, pelvic floor trainers, fertility support services, and postnatal supplements. These products and services play a crucial role in prevention, recovery, and overall well-being, yet millions of women are forced to pay out-of-pocket due to outdated policies.

    The petition is supported by over 20 leading women’s health brands—including Embr, LOLA, Daye, Bodily, Pumpin Pal, Lumen, Ingrid & Isabel and others—who are advocating for better access to the tools and treatments that empower women throughout every stage of life.

    Flex encourages consumers, healthcare professionals, and mission-aligned businesses to sign the petition and support broader access to tax-free healthcare dollars for women across the country.

    Sign the petition at: https://www.withflex.com/advocacy

    About Flex

    Flex enables health and wellness brands to accept HSA/FSA payments seamlessly. By unlocking access to over $150 billion in annual tax-free health spending, Flex helps merchants drive new revenue, increase cart sizes, and improve customer retention. Through its marketplace, eligibility tools, and telehealth services for Letters of Medical Necessity, Flex is reimagining how consumers use their health benefits—and advocating for broader, more inclusive coverage. Get started: www.withflex.com.

    The MIL Network –

  • MIL-OSI: Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

    Source: GlobeNewswire (MIL-OSI)

    RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) — The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2025 to common stock shareholders of record on June 13, 2025.

    The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year. The net asset value per share fluctuates daily.

    Each quarter, the Board of Directors reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Directors will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. The Fund’s distribution policy is subject to modification by the Board of Directors at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

    All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their “net investment income”, which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

    If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.

    Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 2% from net investment income, 21% from net capital gains and 77% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.

    Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

    Molly Marion
    (914) 921-5681

    About The Gabelli Equity Trust
    The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with $2.0 billion in total net assets whose primary investment objective is long-term growth of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

    NYSE – GAB
    CUSIP – 362397101

    THE GABELLI EQUITY TRUST INC
        Investor Relations Contact:
        Molly Marion
        (914) 921-5681
        mmarion@gabelli.com

    The MIL Network –

  • MIL-OSI: Bitget Wallet Showcases Real-World Utility as Platinum Sponsor of Blockchain Futurist Conference

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial Web3 wallet, will take the spotlight as a Platinum Sponsor at the Blockchain Futurist Conference, North America’s flagship crypto and blockchain event, taking place on 13 May 2025. With a full lineup of programming and community activations, Bitget Wallet’s presence signals continued investment in ecosystem development, real-world utility, and inclusive Web3 innovation.

    The event marks Bitget Wallet’s latest move in strengthening its North American footprint, bringing its growing product suite and ecosystem to one of the most influential stages in the industry. At 11:00 AM, Bitget COO Vugar Usi Zade took the stage for a featured session titled “Striking the Balance: UX vs Security in Crypto Exchanges”, where he will address one of the most critical challenges in crypto platform design.

    “Our goal is to make Web3 accessible and practical for everyday users,” said Alvin Kan, COO of Bitget Wallet. “Being part of this year’s conference is not just about visibility, but about connecting with builders and users shaping the future of crypto. Whether it’s through on-chain tools, ecosystem support, or real-world use cases. Bitget Wallet is committed to delivering real utility across the crypto experience.” The appearance follows the launch of “Shop with Crypto,” a new in-app marketplace that enables users to spend cryptocurrencies directly on goods and services within the wallet, including gaming, travel, gift cards and more.

    As part of its broader commitment to community-led change, Bitget Wallet’s global initiative Blockchain4Her also sponsored the ETHWomen Happy Hour, happening from 12:00 PM to 2:00 PM at the ETHWomen Stage & Gallery Room during the conference. Designed to foster authentic conversations and connections, the event offers a welcoming space for women in Web3 to network, share experiences, and build meaningful relationships. Attendees will receive limited-edition Blockchain4Her pins as part of a special charity activation — with Bitget Wallet donating $10 to a local women’s charity for every pin worn.

    Later that evening, Bitget Wallet hosted Bitget Mixer Night at the iconic Old Toronto Stock Exchange, one of the most anticipated side events of the crypto week. Set in a venue where traditional finance meets decentralized innovation, the exclusive mixer will bring together top minds in crypto for an evening of cocktails, canapés, and conversation. Guests will get a closer look at the latest developments from Bitget Wallet while enjoying a high-energy environment designed for discovery and networking.

    From the main stage to intimate side events, Bitget Wallet’s participation reflects a growing focus on community impact, utility-driven innovation, and inclusive growth across the Web3 ecosystem.

    About Bitget Wallet

    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless and secure for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million 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: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6928899a-bd2d-4fec-8f64-aa390ffadbce

    The MIL Network –

  • MIL-OSI: MicroAlgo Inc. Announces Research on Quantum Information Recursive Optimization (QIRO) Algorithm, for Combinatorial Optimization Problems to Expand and Solve New Ideas

    Source: GlobeNewswire (MIL-OSI)

    Shenzhen, May 14, 2025 (GLOBE NEWSWIRE) — MicroAlgo Inc. Announces Research on Quantum Information Recursive Optimization (QIRO) Algorithm, for Combinatorial Optimization Problems to Expand and Solve New Ideas

    Shenzhen, May. 14, 2025––MicroAlgo Inc. (the “Company” or “MicroAlgo”) (NASDAQ: MLGO), today announced the research of the Quantum Information Recursive Optimization (QIRO) algorithm, which aims to provide a new approach to combinatorial optimization problems by leveraging the power of quantum computing. The Quantum Information Recursive Optimization (QIRO) algorithm is an optimization algorithm based on quantum computers, designed to tackle complex combinatorial optimization problems. This algorithm combines the concepts of quantum computing and recursive algorithms, utilizing the parallel computing capabilities of quantum computers along with the properties of quantum state superposition and interference to rapidly find optimal or near-optimal solutions within the search space. Recursive algorithms solve problems by repeatedly breaking them down into similar subproblems, while quantum computing exploits the characteristics of qubits and quantum states to achieve exponential acceleration. The QIRO algorithm integrates these two approaches by recursively invoking the quantum optimization process, progressively reducing the problem size until the optimal solution is found.
    Problem Modeling: the first step involves modeling the combinatorial optimization problem by clearly defining the objective function, constraints, and candidate elements. This step forms the foundation of the algorithm and is a prerequisite for the subsequent stages.
    Quantum State Initialization: in a quantum computer, quantum states are initialized through quantum gate operations. Due to the superposition property of quantum states, the quantum computer can process multiple computational paths simultaneously, thereby enabling parallel computation.
    Recursive Invocation of the Quantum Optimization Process: the core of the QIRO algorithm lies in its recursive invocation of the quantum optimization process. In each recursion, the quantum state is evolved using quantum gate operations, leveraging quantum interference to search for the optimal solution within the search space. Depending on the problem’s size and complexity, the depth and number of recursive calls are set to ensure that the algorithm can find an optimal solution within a reasonable time frame.
    Measurement and Result Extraction: when the recursion reaches its boundary conditions, quantum measurement is performed to extract the optimal or near-optimal solution. The measurement collapses the quantum state into a definite state, from which the solution to the problem can be obtained.
    Result Verification and Optimization: the extracted solution is then verified and further optimized. By comparing the objective function values of different solutions, the optimal one is identified. Additionally, according to the actual needs of the problem, the solution can be further adjusted and refined to meet the problem’s specific constraints and objective function.
    The Quantum Information Recursive Optimization (QIRO) algorithm developed by MicroAlgo demonstrates significant technical advantages in solving combinatorial optimization problems. By fully leveraging the parallelism and interference principles of quantum computing, this algorithm achieves exponential improvements in computational efficiency, enabling it to handle large-scale and highly complex optimization problems in a short time. Compared to traditional algorithms, the QIRO algorithm possesses stronger global search capabilities, effectively avoiding local optima and instead identifying global or near-global optimal solutions. Moreover, the QIRO algorithm is highly flexible in design and can be tailored and optimized to meet the specific requirements of different problems, ensuring its effectiveness and accuracy across various application scenarios. At the same time, the algorithm exhibits a degree of robustness, allowing it to mitigate the impact of noise and errors on computational outcomes, thereby enhancing reliability and stability. These technical strengths position the QIRO algorithm as a powerful tool with broad application prospects and significant development potential in areas such as logistics and distribution, financial investment, artificial intelligence, and scientific research.
    In terms of practical applications, the QIRO algorithm has already shown wide-ranging potential. It holds great significance for real-world scenarios requiring combinatorial optimization, such as resource allocation and network planning. For instance, in the field of logistics and transportation, tasks like planning optimal delivery routes and allocating cargo resources often involve complex combinatorial optimization. The QIRO algorithm can assist enterprises in identifying more efficient and cost-effective solutions. Additionally, in graph theory-related problems—such as finding large independent sets—the deployment of the QIRO algorithm on neutral atom quantum processors can enable efficient search operations. This supports efforts to study graph structures and analyze network characteristics, further proving the algorithm’s practical value across different quantum computing platforms and its capacity to advance research in related academic fields.
    Looking ahead, MicroAlgo’s Quantum Information Recursive Optimization (QIRO) algorithm holds immense growth potential. As quantum technology continues to progress, the quality and accessibility of quantum resources will steadily improve, providing greater support for the QIRO algorithm to tackle even more complex and large-scale combinatorial optimization problems. Furthermore, the QIRO algorithm may serve as a model for the development of additional hybrid quantum-classical algorithms, expanding the scope of quantum computing applications across various industries. This could offer new hope for solving more challenging real-world optimization problems, making QIRO a vital technological force in future scientific and technological development and a key driver of progress across multiple domains.

    About MicroAlgo Inc.

    MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’s services includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.

    Forward-Looking Statements

    This press release contains statements that may constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of MicroAlgo, including those set forth in the Risk Factors section of MicroAlgo’s periodic reports on Forms 10-K and 8-K filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, MicroAlgo’s expectations with respect to future performance and anticipated financial impacts of the business transaction.

    MicroAlgo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as may be required by law.

    Contact

    MicroAlgo Inc.

    Investor Relations

    Email: ir@microalgor.com

    The MIL Network –

  • MIL-OSI: Best Debt Relief Programs for 2025 to Help You Get Out of Debt in USA

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 14, 2025 (GLOBE NEWSWIRE) — Payday Ventures, a leading provider of financial solutions in the United States, is proud to introduce new and improved Debt Relief Programs for 2025 through its trusted brand, Viva Debt Help. As more Americans struggle with rising debt, limited savings, and high-interest payments, Viva Debt Help aims to simplify access to effective debt relief solutions. Whether you’re exploring debt consolidation options, need fast debt help, or want to learn if National Debt Relief is legit, this platform connects you with some of the best debt relief companies in the USA.

    Click Here to Get Debt Relief Help >>

    What Is a Debt Relief Program?

    A debt relief program helps reduce or eliminate unsecured debts like credit cards, personal loans, or medical bills. It may include debt consolidation, lower payments, or negotiating with creditors. These programs offer fast debt help if you’re struggling with high-interest debt and want to regain control in 2025.

    Click Here to Get Debt Relief Help >>

    Why Choose US Debt Relief in 2025?

    In 2025, many Americans are under serious financial stress from inflation, job loss, or sudden expenses. As the US national debt rises, so does personal and consumer debt. If you’re missing payments or your minimum payments aren’t helping, it’s time to explore trusted debt relief programs to get the debt help you need.

    Viva Debt Help – One of the Best Debt Relief Program in 2025

    Looking for fast, reliable debt help in the USA? Viva Debt Help is one of the best debt relief options working to match individuals with trusted debt specialists. Here’s why they stand out:

    Click Here to Get Debt Relief Help >>

    • Free online form takes just minutes
    • Get referred to FCA-approved debt solution providers
    • Custom plans including debt consolidation options, settlements, or relief orders
    • Potential to write off debt if eligible
    • No obligation to proceed

    Viva Debt Help doesn’t provide advice directly they connect you with legitimate advisors who are licensed to offer debt relief.

    Click Here to Get Debt Relief Help >>

    Is National Debt Relief Legit?

    Yes, it’s a real company. But it’s always wise to compare your options. Platforms like Viva Debt Help connect you with trusted advisors who review your debt and recommend the best debt relief program based on your needs.

    What Is Covered With a Debt Relief Program?

    Most debt relief programs cover unsecured debts these are debts not tied to any assets. Common examples include:

    • Credit card debt
    • Personal loans
    • Medical bills
    • Payday loans
    • Utility bills
    • Store cards

    Some programs may also help with debt consolidation options or negotiating lower payments.

    Name: Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: This announcement contains general information about Payday Ventures and its debt support services through Viva Debt Help. It is not intended to be financial advice. Services are available to U.S. residents only.

    The MIL Network –

  • MIL-OSI: Heads up! Alectra reminds residents to stay safe around powerlines

    Source: GlobeNewswire (MIL-OSI)

    MISSISSAUGA, Ontario, May 14, 2025 (GLOBE NEWSWIRE) — Powerline Safety Week is here, and Alectra Utilities is urging the public to be extra cautious around powerlines, whether working on job sites or tackling spring projects at home.

    According to the Electrical Safety Authority, more than 40 per cent of Ontarians mistakenly believe that direct contact is required to get a shock or burn from a powerline. However, electricity can arc from the line to any object that comes within three metres, such as a ladder, branch or tool, and cause serious injury or death.

    “Powerline Safety Week is an important time to remind everyone about the serious and frequently misunderstood risks that powerlines present,” said Patience Cathcart, Director of Data Science and Public Safety Officer, Electrical Safety Authority. “Public safety is one of our highest priorities. By working together to raise awareness, we can help reduce the risk of accidents and protect lives.”

    “Ensuring the safety of Alectra employees, customers and the public remains our top priority,” said Chris Hudson, Senior Vice President, Network Operations at Alectra Utilities. “Together, we can ensure an electrically safe and secure community for all.”

    Every year, injuries and even fatalities occur when people inadvertently come into contact with overhead, often during routine activities like landscaping, digging, or operating equipment under overhead powerlines.

    Here are six essential safety tips to always follow:

    1. Look up and look out: Always maintain awareness of overhead powerlines when engaging in outdoor activities. Identify all powerlines, including those obscured by foliage, near residential and work areas.
    2. Stay back 3 meters from overhead powerlines: You do not have to touch a powerline to get a deadly shock. Electricity can jump or “arc” to you or your tools if you get too close. Always keep a 3-metre gap between you, your tools and powerlines.
    3. Stay 10 metres from a downed powerline: There is no way of knowing if a powerline is live just by looking at it. Wires do not have to spark to indicate they are live. Always assume a downed powerline is energized and dangerous. Call 9-1-1 and the local utility immediately and ensure everyone stays at least 10 metres back—about the length of a school bus—from fallen powerlines.
    4. Call before you dig: Prioritize safety by contacting Ontario One Call at 1-800-400-2255 before initiating any excavation or construction project, ensuring the detection of underground utilities, including powerlines. The locate will only identify utility owned underground line. Customer owned underground lines will require a private locate.
    5. Be mindful of equipment: Avoid flying kites, drones, or other objects near powerlines, as even non-metallic items can conduct electricity, posing severe risks.
    6. Talk to your kids about powerline safety: Help children find safe places to play, away from utility poles and powerlines. Remind children never to climb trees near powerlines, since leaves and branches can hide the wires.

    For more information about powerline safety, visit: Powerline Safety | Alectra Utilities.

    About Alectra Utilities

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

    X: https://x.com/alectranews
    Facebook: https://www.facebook.com/alectranews/
    Instagram: https://www.instagram.com/alectranews/?hl=en
    LinkedIn: https://www.linkedin.com/company/16178435/admin/
    Bluesky: https://bsky.app/profile/alectranews.bsky.social
    YouTube: https://www.youtube.com/alectranews

    Media Contact

    Ashley Trgachef, Media Spokesperson | Email: ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1-833-MEDIA-LN

    An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ff1df77-3979-4d30-9568-6392cda7596f

    The MIL Network –

  • MIL-OSI: Hola Prime and Pro Basketball Player Karl-Anthony Towns Team up for ‘Speed is Success’ Campaign, Redefining Prop Trading

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, May 14, 2025 (GLOBE NEWSWIRE) —  Hola Prime, a leading global proprietary trading firm, is proud to announce Basketball Champion, Karl Anthony Towns as its first-ever brand ambassador. This partnership marks a significant moment in Hola Prime’s journey, highlighting its commitment to reshaping modern prop trading around what truly matters – speed, performance, discipline, and fairness.

    The announcement coincides with the launch of Hola Prime’s new brand campaign, ‘Speed is Success’, produced by one of the top agencies. The campaign draws a compelling parallel between elite sports and trading – in both, speed is not just an advantage, but the edge. The cinematic film captures how success depends on reacting swiftly, thinking clearly under pressure, and executing with discipline, whether on the court or in the market.

    “At Hola Prime, we have always believed that trading, at its core, is a performance profession,” said Somesh Kapuria, Founder and CEO of Hola Prime. “It’s not about luck or shortcuts. It’s about building skill, managing risk, staying calm under pressure, and performing when it matters most. Karl-Anthony Towns personifies these values. His career reflects what we encourage in our traders – consistency, resilience, and the courage to keep improving every day. And Hola Prime compliments their skills with a fair and transparent trading environment, and super fast payouts.” Explaining his decision to collaborate with Hola Prime, Karl-Anthony Towns said, “What drew me to Hola Prime is how they’re flipping the script – not just in finance, but in how people see trading,” said Karl-Anthony Towns. “As a pro athlete, I know what it means to bet on yourself, and that’s exactly what Hola Prime is about, so I’m happy to be their first ambassador and to help bring that mindset to the next generation.”

    Hola Prime’s decision to collaborate with an elite athlete reflects its belief that trading, like sports, rewards those who move fast, think fast, and execute fast. It’s a natural extension of its trader-centric approach – creating a platform where individuals thrive through speed, strategy, and discipline.

    With innovations like transparent pricing, under-one-hour payouts, one-on-one mentorship, and clear trading rules, Hola Prime is redefining trading speed from execution to earnings. The ‘Speed is Success’ campaign champions a new era of fair, fast, and performance-driven trading – empowering individuals to thrive through agility, skill, and accountability.

    The partnership with Towns positions Hola Prime as a standout in a saturated market – more than just a platform, it is a movement. With the star power of a professional basketball giant and the soul of a fintech disruptor, Hola Prime is redefining what trading looks like in 2025 and beyond.

    Watch the full video here: https://youtu.be/yE0Mj3BIBhc?si=ie_IEyAYMRbh471N

    About Hola Prime

    Hola Prime is a global proprietary trading firm with offices in the UK, Hong Kong, Cyprus, Dubai, and India. It supports a diverse community of traders across 175+ countries, offering access to over 150 financial instruments across multiple trading platforms. The firm is known for its structured approach to risk management, transparency, and trader-centric operations. Learn more at holaprime.com.

    Social Links

    Instagram: https://www.instagram.com/holaprime_global/

    YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ

    LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true

    X: https://x.com/HolaPrimeGlobal

    Discord: https://discord.gg/TJ7TcHPXBf

    Quora: https://www.quora.com/profile/HolaPrime/

    Reddit: https://www.reddit.com/user/HolaPrime/

    Medium: https://medium.com/@social_46267

    Media Contact

    Company: Hola Prime

    Contact: Media Team

    Email: marketing@holaprime.com

    Website: https://holaprime.com/

    The MIL Network –

  • MIL-OSI: AIMS Wins Best Global Football Sponsor at the Forex Sport Awards 2025

    Source: GlobeNewswire (MIL-OSI)

    Malaysia, May 14, 2025 (GLOBE NEWSWIRE) — AIMS Group is proud to announce that it has been awarded the prestigious title of Best Global Football Sponsor at the 2025 Forex Sport Awards.

    AIMS sport award Best global Football sponsor

    This recognition marks a significant milestone for AIMS and underscores the success of its strategic investment in global sports sponsorships. The judging panel unanimously praised AIMS, stating:

    “AIMS has established a strong presence in global football sponsorship. Having previously been the regional partner of Borussia Dortmund, AIMS made the leap to the Premier League with Tottenham Hotspur FC and has conducted a powerful marketing campaign to cement its sponsorship presence at a global level.”

    The award celebrates the impact of AIMS’ football partnerships — from its earlier success with German football giant Borussia Dortmund (BVB) to its current dynamic collaboration with Tottenham Hotspur Football Club, a Premier League powerhouse.

    Competing against some of the most recognized names in the financial services industry and AIMS emerged as the top choice. This achievement highlights the company’s innovative approach to sponsorship and its growing influence in both the financial and sporting worlds.

    “This award is more than a recognition of our efforts — it’s a reflection of the belief and trust our clients, partners, and supporters have in AIMS. We share this win with all of them,” said Aaron Chang, CEO for AIMS Group. “It motivates us to continue pushing boundaries and building meaningful global connections through the power of sport.”

    As AIMS continues its mission to make financial education and trading opportunities accessible to all, this award serves as further validation of its commitment to excellence, innovation, and community impact.

    About AIMS

    AIMS is a globally trusted financial brokerage offering trading services and infrastructure for both institutional and retail clients in over 17 countries. Known for its high-performance platform, low spreads, and client-first approach, AIMS continues to be a key force in shaping the global trading industry.

    Press inquiries

    AIMS
    https://aimsfx.com/
    Benson Low
    media@aimsfx.com

    The MIL Network –

  • MIL-OSI: CertiK Wins Two Grants from the Ethereum Foundation, Spearheading zkEVM Formal Verification

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) — Recently, the Ethereum Foundation announced its Q1 2025 research grant recipients, and CertiK—the world’s largest Web3 security firm—was awarded two research grants stemming from the zkEVM formal verification competition. This achievement marks not only a milestone in Ethereum’s scalability strategy, but also highlights CertiK’s global leadership in the formal verification of zero-knowledge proof (ZKP) systems.

    The key to CertiK’s success lies in its “Advanced Formal Verification” technology, which offers four major breakthroughs over traditional approaches: it targets actual code rather than abstract models; it verifies specific code properties instead of generic traits; it tackles complex verification tasks through an automated framework, overcoming human limitations; and it is suitable for large-scale production environments, rather than being confined to academic research. Notably, formal verification has been central to CertiK’s mission since its inception, leveraging academic research to deliver high-reliability security services for Web3 projects.

    These strengths make CertiK especially adept at handling complex ZKP systems. For instance, last year, CertiK completed the first full formal verification of the zkWasm circuit—a breakthrough that proved that comprehensive formal verification of complex zero-knowledge circuits is achievable. CertiK’s formal verification technology has already been widely adopted in leading Web3 projects and infrastructure, including TON mainnet smart contracts; Cosmos SDK; and Ant Group’s HyperEnclave TEE, Asterinas OS, and SGX TRTS SDK, demonstrating its broad applicability and high reliability.

    zkEVM (Zero-Knowledge Ethereum Virtual Machine) is an innovation in blockchain technology that enhances Ethereum’s scalability using zero-knowledge proofs. It enables transaction computation to be offloaded from the blockchain while still providing succinct proofs to verify transaction validity—lowering costs and increasing throughput. However, the complexity of zkEVM introduces security risks, making formal verification essential for ensuring its correctness and safety. Formal verification uses mathematical methods to prove a system’s behavior under all possible conditions, ensuring there are no bugs or unexpected behaviors.

    As blockchain technology rapidly evolves—especially with the growing adoption of zero-knowledge systems—formal verification is becoming a critical tool for ensuring system security and reliability. CertiK’s work strengthens Ethereum’s scalability and security while setting a benchmark for formal verification across the blockchain ecosystem.

    Contact
    Elisa Yiting Xu
    yiting.xu@certik.com

    The MIL Network –

  • MIL-OSI: Transactix Launches New Era in Canadian Payments

    Source: GlobeNewswire (MIL-OSI)

    Toronto, Ontario, Canada – Consensus, May 14, 2025 (GLOBE NEWSWIRE) — Transactix Financial Inc. today introduced a secure, unified payments platform that frees Canadians from the exorbitant fees and inefficiencies that impact the country’s financial well-being. 

    Its Open Value Network™ (“OVN”) is engineered to facilitate the immediate and seamless transfer and conversion of digital value – whether in tokens, points, credits, stablecoins, cryptocurrencies, or fiat currency – at a fraction of the cost Canadians have had to pay.

    “Moving value should be as cheap and effortless as sending a text message,” said Abou Daya, CEO of Calgary-based Transactix. “But Canadians continue to bear costs for transferring funds that are more comparable to snail mail or shipping a parcel than sending an email. This is an outdated paradigm that OVN will disrupt.” 

    Similarity in the price of financial transfers and physical mail delivery in Canada stems from legacy infrastructure, regulatory overhead, and the dominance of a few large financial institutions. These factors have kept costs high, even as digital technology has made near-instant, low-cost communication commonplace. In contrast, the OVN leverages modern, patented technology to eliminate these inefficiencies, making value transfer as inexpensive and immediate as digital messaging.

    A Platform for Growth, Security, and Innovation

    “The launch of the Open Value Network is a testament to Canadian innovation and leadership in blockchain technology,” said Koleya Karringten, Executive Director of the Canada Blockchain Consortium. “By enabling secure, immediate, and low-cost value transfers across a wide range of digital assets, OVN has the potential to empower consumers, drive fintech growth, and strengthen Canada’s economic sovereignty in the rapidly evolving global digital economy.”

    Transactix’s OVN is more than a payment network. It is a secure, developer-friendly ecosystem that:

    • Enables fintechs to build on a cohesive, blockchain native infrastructure, complementing existing legacy payment rails.
    • Empowers consumers and businesses with new, globally competitive services.
    • Advocates for regulatory modernization to foster innovation, reduce costs, and protect Canadian interests amid rising tariffs and global competition.
    • Illustrates to policymakers and regulators on how novel technologies can lower costs and strengthen Canada’s economic resilience.

    National Security and Economic Sovereignty

    The stability of Canada’s economy and the integrity of its currency are inseparable from national security. The rapid proliferation of stablecoins and cryptocurrencies, many issued by foreign entities, presents both opportunities and challenges for Canadian sovereignty and economic governance. As the world accelerates toward digital currencies, the United States is positioning itself as a global leader. Canada must keep pace with a robust digital currency strategy to safeguard its interests and ensure that Canadian businesses and consumers have access to homegrown digital assets.

    About Transactix

    Transactix is enabling individuals and companies to exchange money, cryptocurrencies, loyalty rewards, credits, and more — instantly, securely, for less than the price of a text message — with its revolutionary Open Value Network™ and Stablecoin-as-a-Service offerings. It is establishing a new benchmark for speed, affordability, accessibility with compliance in the digital economy powered by a proven infrastructure already processing over $100 billion (US) in transactions. www.transactix.ca

    For more information about the OVN launch and Ali Abou Daya’s presentation “Moving Value Cheaper Than Text”, visit the Consensus 2025 Toronto agenda.

    Media Kit:
    https://drive.google.com/drive/folders/18B4IACAtyW_-ktNyTxkDSTQvfqjfFXej?usp=drive_link

    The MIL Network –

  • MIL-OSI: New Stablecoin from Transactix Reshaping Canadian Cryptocurrency Landscape

    Source: GlobeNewswire (MIL-OSI)

    Toronto, Ontario, Canada – Consensus, May 14, 2025 (GLOBE NEWSWIRE) — Transactix Financial Inc. today launched a new type of digital currency, linked to the value of the Canadian dollar, that gives businesses, consumers, and financial partners a secure, efficient, and programmable way to make and accept payments and settlements. Called CADX™, this financial innovation is engineered to bring the speed and versatility of blockchain technology to payments. 

    CADX is a Canadian dollar-backed stablecoin – a type of cryptocurrency that mitigates volatility by having a reserve of a sovereign currency, in this case the Canadian dollar, to support the value of the cryptocurrency. CADX is fully backed by $50 million in Canadian assets. It will be delivered to the market using Transactix’s advanced Stablecoin-as-a-Service platform, an innovative infrastructure that has already supported more than $100 billion (US) in global digital transactions.

    “CADX is more than a digital asset—it’s a catalyst for financial innovation in Canada,” said Transactix CEO Ali Abou Daya. “By combining robust asset backing, regulatory compliance and advanced technology, we are empowering Canadians and our partners to participate in the digital economy with extraordinary confidence.”

    Others in the Canadian digital payments system are lauding CADX.

    “The launch of CADX is a meaningful step toward a more competitive digital payments ecosystem in Canada,” said Alex Vronces, Executive Director of Fintechs Canada. “Stablecoins offer a credible alternative to legacy systems. When they’re built to be secure, low-cost, and compliant, they can expand choice and shift power toward users—something our financial system sorely needs.”

    Calgary-based Transactix made the announcement at Consensus 2025, one of the cryptocurrency world’s most prestigious international events. Speakers at the event include Eric Trump, Kevin O’leary, and Robert Hines, the Executive Director of the President’s Council of Advisors for Digital Assets at the White House.

    A New Opportunity for Canadian Finance

    CADX offers a transformative opportunity for Transactix and its ecosystem

    • For Customers: CADX provides faster, lower-cost transactions and the ability to use Canadian dollar stablecoins in a growing range of applications, from payroll to cross-border remittances and decentralized finance.
    • For Partners: Financial institutions, fintechs, businesses, and payment service providers can leverage the Stablecoin-as-a-Service platform to integrate CADX into their offerings, unlocking new revenue streams and innovative financial products.
    • For Transactix: The launch positions Transactix at the forefront of Canadian digital finance, enabling the company to shape the future of programmable money and digital payments infrastructure.

    Transactix Stablecoin-as-a-Service: Patent-Backed Freedom to Operate

    Transactix’s Stablecoin-as-a-Service is underpinned by an unparalleled and formidable Canadian patent portfolio. This intellectual property foundation provides partners who wish to launch their own stablecoin the critical freedom to operate as part of the Transactix service model. By leveraging this robust patent coverage, partners can confidently innovate and deploy new stablecoins within a secure, compliant, and future-ready ecosystem.

    Canada’s Stablecoin Market: Poised for Growth

    Canada stands at a crossroads in stablecoin adoption. While the country has been a global innovator in blockchain technology, regulatory uncertainty has slowed the rollout of CAD-backed stablecoins. Recent regulatory changes have clarified requirements for stablecoin issuers, with fiat-backed stablecoins now being subject to securities regulatory oversight. Despite these challenges, the demand for stablecoins in Canada is rising, driven by the need for faster, more efficient payment solutions and the desire for a payment mechanism that can compete globally.

    About Transactix 

    Transactix is enabling individuals and companies to exchange money, cryptocurrencies, loyalty rewards, credits, and more—instantly, securely, and at a lower cost, often less than the cost of sending a text message. Its revolutionary Open Value Network™ and Stablecoin-as-a-Service are establishing a new benchmark for speed, affordability, and accessibility with compliance in the digital economy powered by a proven infrastructure already processing over $100 billion (US) in transactions. www.transactix.ca.

    Attention Media and Analyst

    Transactix will be holding a media scrum and reception at Consensus 2025 to discuss the CADX launch at 3:30 pm EDT today in Room MR 704. All media, analysts, and social media influencers are invited to attend.

    Media Kit:
    https://drive.google.com/drive/folders/18B4IACAtyW_-ktNyTxkDSTQvfqjfFXej?usp=drive_link

    The MIL Network –

  • MIL-OSI: Crypto Bull Market Heats Up — BexBack Launches No KYC, 100x Leverage & Double Bonus Campaign to Maximize Trader Profits

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) — As Bitcoin breaks above $100,000 and Ethereum posts rapid gains, the cryptocurrency market is roaring back into a full-fledged bull run. In response, leading derivatives exchange BexBack has launched a new campaign offering powerful trading incentives to help users seize opportunities during this high-volatility cycle.

    BexBack’s Limited-Time Bull Market Campaign Includes:

    • 100% Deposit Bonus
      Instantly double your trading capital. Bonus funds can be used as margin to open larger positions and absorb volatility.
    • $100 Trading Bonus
      Available to new users who deposit at least 0.01 BTC or 1000 USDT and complete their first trade within 7 days of registration.
    • 100x Leverage on 50+ Crypto Futures
      Trade BTC, ETH, SOL, ADA, XRP, and 50+ major altcoins with up to 100x leverage.
    • No KYC Required
      Register and start trading in seconds using just an email address. BexBack respects user privacy and lowers barriers to entry.
    • Zero Spread, Deep Liquidity, Lightning-Fast Execution
      All trades are executed at the displayed price — no slippage, no spread, no surprises.

    Why Traders Are Choosing BexBack

    • Global access with 24/7 multilingual support
    • Zero deposit fees and generous bonus programs
    • Professional-grade infrastructure, ideal for both beginners and experts
    • Fast onboarding with no identity verification required

    About BexBack

    BexBack is a global cryptocurrency derivatives exchange offering up to 100x leverage on 50+ perpetual contracts. Headquartered in Singapore, the platform serves over 500,000 traders worldwide.

    With operational offices in Hong Kong, Japan, the United States, and the United Kingdom, BexBack combines regulatory integrity with innovative trading tools to provide a secure, fast, and accessible trading experience across regions.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e888da51-f612-41b5-9c42-3b3ae7d36997

    https://www.globenewswire.com/NewsRoom/AttachmentNg/97c84753-3fa7-4e83-9c9e-e30b1a6f6112

    https://www.globenewswire.com/NewsRoom/AttachmentNg/84c2c52f-c11b-449d-9911-beb71ac5c416

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0ff9c396-8c98-4627-93a6-a3e7dc9206c3

    The MIL Network –

  • MIL-OSI: Bitget Wallet Joins Consensus Toronto to Showcase Innovation and Growth

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 14, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial Web3 wallet, will participate in Consensus Toronto, one of Web3’s most anticipated events, taking place from 14 May to 16 May, 2025. As the Web3 landscape matures, Bitget Wallet is stepping into the spotlight to highlight its latest advancements in cross-chain interoperability, smart contract security, and user-first design. The appearance follows the launch of Bitget Wallet’s Shop with Crypto, an in-app marketplace for spending crypto on everyday goods, and the integration of Reserve’s onchain index fund for easy access to diversified crypto portfolios within the wallet.

    The three-day event brings together developers, entrepreneurs, investors, and builders from around the world to discuss the future of crypto, blockchain infrastructure, and decentralized finance. Bitget Wallet will be present onsite throughout the conference, engaging with attendees and industry leaders while showcasing new product features and ecosystem updates tailored for a rapidly evolving user base.

    This year’s edition of Consensus marks a significant inflection point for the industry. With prominent participants, including BlackRock and representatives from the White House, the event shows how far crypto has progressed toward institutional recognition and regulatory relevance. The presence of such stakeholders underscores a shifting narrative — from fringe technology to integral component of global financial conversation. Against this backdrop, Bitget Wallet aims to demonstrate how accessible and secure self-custody tools can serve as a gateway for mainstream adoption.

    On the evening of May 14, Bitget Wallet will host an exclusive VIP Whisky Tasting Night as part of its Consensus Toronto presence. Set at a distinctive venue, the experience begins with a curated whiskey mixology session at Above/Below Ground, where guests will explore premium blends in an intimate, atmospheric setting, before the evening continues with a private dinner in a subterranean cave space from, offering a refined yet unconventional setting for deeper conversation and connection. Each VIP guest will also receive a personalized gold bar case containing their own engraved whiskey bottle — a keepsake designed to match the tone of the night: rare, immersive, and unforgettable.

    Since launching as a core pillar of the Bitget ecosystem, Bitget Wallet has grown to support and integrate major DApps and DeFi protocols into its interface. With a focus on usability and security, the wallet has become a preferred choice for users looking to manage digital assets, swap tokens, and access decentralized apps. All within one seamless interface.

    “Consensus is where some of the industry’s most important ideas are shaped,” said Alvin Kan, COO of Bitget Wallet. “Bitget Wallet is here to share how we’re tackling the critical challenges of Web3 adoption and to collaborate with the ecosystem on what comes next.”

    The participation in Consensus Toronto follows Bitget Wallet’s presence at Solana Blockchain Futurist Conference and other major events throughout Canada Crypto Week. Reflecting Bitget’s broader push to support decentralized innovation through accessible, secure, and user-centric infrastructure.

    About Bitget Wallet

    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless and secure for everyone. With over 60 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million 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: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aca210c0-db22-4696-aa65-4d4c4b00cc2f

    The MIL Network –