Category: GlobeNewswire

  • MIL-OSI: Gabelli Funds to Host 17th Annual Media & Entertainment Symposium Thursday, June 5, 2025

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., May 12, 2025 (GLOBE NEWSWIRE) — Gabelli Funds will host its 17th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 5, 2025. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing, Media & Telecom Regulatory, and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. For those who cannot attend in person, the symposium will also be available via webcast. Investors should contact their relationship person for more information or click on the link below to register.

    Presenting Companies 1×1 Meetings Only
    Atlanta Braves Holdings, Inc. (NASDAQ: BATRA/K) AMC Networks (NASDAQ: AMCX)
    Lionsgate Studios (NASDAQ: LION) Churchill Downs (NASDAQ: CHDN)
    Nexstar Media Group (NASDAQ: NXST) Genius Sports (NYSE: GENI)
    Reservoir Media, Inc. (NASDAQ: RSVR) Gray Television (NYSE: GTN/’A)
    Rogers Communications (TSX: RCI A/B, NYSE: RCI) Live Nation Entertainment (NYSE: LYV)
    Ryman Hospitality Properties (NYSE: RHP) Madison Square Garden (NYSE: MSGS/E, SPHR)
    Sinclair Inc. (NASDAQ: SBGI) Sportradar Group (NASDAQ: SRAD)
    TEGNA Inc. (NYSE: TGNA) TKO Group (NYSE: TKO)
    The E.W. Scripps Company (NASDAQ: SSP)  
       
    Panel Discussions  
    Sports Investing: Ways to Play  
    TV Bureau of Advertising (TVB) Panel  
    Media & Telecom Regulatory Expert Session  
    with Former FCC Commissioner, Rob McDowell  
       

    The Harvard Club, New York City
    Thursday, June 5, 2025

    Conference Registration: CLICK HERE

    Contact
    General Inquiries

    Isabella DeLuca
    Client Relations
    P: 914-921-5101
    E : ideluca@gabelli.com

    Sadie Keating
    Marketing Associate
    P: 914-921-5107
    E : skeating@gabelli.com

    Portfolio Management / Research Team

    Christopher Marangi
    Co-CIO, Value
    P: 914-921-5219
    E: cmarangi@gabelli.com

    Hanna Howard
    Portfolio Manager
    P: 914-921-5015
    E: hhoward@gabelli.com

    Sergey Dluzhevskiy, CFA, CPA
    Portfolio Manager
    P: 914-921-8355
    E: sdluzhevskiy@gabelli.com

    Gabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc.

    The MIL Network

  • MIL-OSI: LNG Energy Group Announces Cease Trade Order

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FWB: E26) (the “Company” or “LNG Energy Group”) announces that, further to the news release dated May 7, 2025, the Ontario Securities Commission (the “OSC”), has notified the Company that it has issued a failure-to-file cease trade order (“FFCTO”), under Multilateral Instrument 11-103 – Failure-to-File Cease Trade Orders in Multiple Jurisdictions against the Company (“MI 11-103”). The FFCTO was issued as a result of the delay in the filing of the Company’s annual audited financial statements for the fiscal year ended December 31, 2024, the related management’s discussion and analysis, and the CEO and CFO certificates relating to the audited annual financial statements as required by National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings (collectively, the “Required Documents”) for the fiscal year ended December 31, 2024.

    As stated in the Company’s news release dated May 7, 2025, the Company was unable to file the Required Documents prior to the April 30, 2025 filing deadline. LNG Energy Group continues to work diligently with its auditors and expects to file the Required Documents within two months of the filing deadline. The Company anticipates that the FFCTO will remain in place until such time as the Required Documents are filed.

    The FFTCO prohibits any trading, whether direct or indirect, in respect of any security of the Company in which MI 11-103 applies, except in accordance with the FFCTO, until such time as the Company is able to file the Required Documents and successfully apply for a revocation of the FFCTO. If the Required Documents are filed within 90 days of the date of the FFCTO, such filings will constitute the Company’s application to have the FFCTO revoked. There can be no assurance that the FFCTO will be revoked on the timeline contemplated by the Company.

    About LNG Energy Group

    The Company is focused on the acquisition and development of natural gas production and exploration assets in Latin America. For more information, please visit www.lngenergygroup.com.

    For more information please contact:

    Angel Roa, Chief Financial Officer LNG Energy Group Corp.
    Website: www.lngenergygroup.com
    Email: investor.relations@lngenergygroup.com

    Find us on social media:
    LinkedIn: https://www.linkedin.com/company/lng-energy-group-inc/
    Instagram: @lngenergygroup
    X: @LNGEnergyCorp

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:

    This news release contains certain forward-looking information that reflect the current views and/or expectations of management of LNG Energy Group with respect to performance, business and future events. Forward-looking information can often be identified by words such as “may”, “will”, “would”, “could”, “should”, “believes”, “estimates”, “projects”, “potential”, “expects”, “plans”, “intends”, “anticipates”, “targeted”, “continues”, “forecasts”, “designed”, “goal”, or the negative of those words or other similar or comparable words. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which LNG Energy Group operates. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking information, readers should not place undue reliance on such information. The risks and uncertainties include, but are not limited to, the anticipating timing of filing the Required Documents. Forward-looking information is current as of the date it is made and is based on reasonable estimates and assumptions made by us at the relevant time in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances. LNG Energy Group does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

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

    The MIL Network

  • MIL-OSI: Farmasiet, Norway’s largest online pharmacy, signs Agillic for advanced customer engagement

    Source: GlobeNewswire (MIL-OSI)

    Press release – Copenhagen, 12 May 2025 – Agillic A/S 

    The Norwegian online pharmacy, Farmasiet, signs Agillic for advanced customer engagement to explore untapped business potential.

    Farmasiet is Norway’s largest online pharmacy, delivering thousands of both prescription drugs, non-prescription drugs and commodities throughout Norway and with pharmacists available online for fast and convenient expert advice.

    Confident about the business value and potential of more advanced customer engagement, Farmasiet concluded they would need a new platform to deliver on their ambitions. The search was largely influenced by two key criteria: the technology should enable their advanced ideas, and they would need a European solution to ensure full compliance on data privacy and security.

    Farmasiet decided on Agillic and in just six weeks, they launched a tailored solution including eCommerce integration, advanced customer journeys, product feeds, mobile optimisation, and more.

    Hilde Andersen-Gott, CTO at Farmasiet, explains the choice of Agillic: “We are convinced there is an untapped business potential and essentially chose Agillic because the platform enables us to execute on our ideas and capitalise on that potential – now and as we scale our ambitions further. Compliance was a given and with Agillic’s flexibility, ‘tailored’ did not mean compromising on time to market.”

    Christian Samsø, CEO at Agillic, adds: “We are quite proud of welcoming Farmasiet. They had set a high bar for how a platform should empower their ideas to deliver on the business potential, and our platform checked all the boxes from compliance to the ability to scale customer journeys.”

    For further information, please contact
    Christian Samsøe, CEO
    +45 24 88 24 24
    christian.samsoe@agillic.com
       
    About Agillic A/S
    Agillic A/S (Nasdaq First North Growth Market Copenhagen: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate, and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit agillic.com.  

    The MIL Network

  • MIL-OSI: Bread Financial’s 2024 Sustainability Report showcases focus, investment in sustainable business practices

    Source: GlobeNewswire (MIL-OSI)

    COLUMBUS, Ohio, May 12, 2025 (GLOBE NEWSWIRE) — Bread Financial® (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today released its 2024 Sustainability Report, highlighting its continued progress and organization-wide commitment to environmental stewardship, social progress and strong governance.

    “Our 2024 report is more than an annual milestone, it is a reflection of Bread Financial’s deep and ongoing commitment to advancing our reputation, mitigating risk, improving efficiency and driving sustainable, profitable growth,” said Ralph Andretta, president and chief executive officer, Bread Financial. “With a focus on transparency and accountability, we are proud to share our progress and highlight the ways we are delivering value for our stakeholders.”

    The 12th annual report details the company’s performance related to its five key sustainability tenets, such as:

    • Managing the business responsibly — In 2024, Bread Financial made significant progress on operational excellence efforts aimed at improving processes and driving efficiency and value-creation across the enterprise. The company also began to mature its Enterprise Risk Management Framework and established an AI Council.
    • Empowering customers — For the 19th consecutive year, Bread Financial was certified as a Center of Excellence by BenchmarkPortal for its customer service. It continued to drive a customer-oriented culture to create best-in-class experiences and award-winning products, including the expansion of its mobile app.
    • Engaging associates — Bread Financial demonstrated its commitment to delivering a competitive, personalized and fulfilling associate experience through improved career development tools, expanded options for virtual health care and an annual “free money” deposit into each associate’s 401(k), regardless of their individual contribution. For its culture, the company was recognized with a Great Place to Work Certification in both the U.S. and India.
    • Protecting the planet — In an effort to reduce its carbon footprint, the company established greenhouse gas (GHG) emissions reduction targets that it plans to meet by 2030. Additionally, it developed a new sustainable IT framework, issued nearly 1.5 million cards made from sustainable plastic and prioritized digitalization to enhance efficiency and reduce paper.
    • Creating possibilities for our communities — Bread Financial increased associate donations and participation in its annual Giving Campaign, with donations totaling $3 million after the company’s match. Associates also recorded more than 10,000 volunteer hours, and the company improved its measurement process to more accurately capture the impact of its charitable donations, which exceeded $9 million in 2024.

    “At the core of this year’s Sustainability Report is our notable and measurable progress, reflecting decades of continuous improvement and reporting on critical components of our business,” said Dana Beckman, vice president and chief sustainability officer, Bread Financial. “The successes highlighted are the result of enterprise-wide collaboration and an intentional approach to embed sustainability throughout all aspects of our operations.”

    For more information on Bread Financial’s 2024 Sustainability report, visit here.

    About Bread Financial®
    Bread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

    To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.

    Contacts
    Rachel Stultz – Media
    Rachel.Stultz@BreadFinancial.com

    The MIL Network

  • MIL-OSI: Inter&Co Inc. Reports Year-Over-Year Net Income Growth of 57%

    Source: GlobeNewswire (MIL-OSI)

    BELO HORIZONTE, Brazil, May 12, 2025 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to 37.7 million customers, today reported financial results for the first quarter of 2025.

    1Q25 Highlights:

    • Total clients grew to 37.7 million, with 21.6 million active clients and an activation rate of 57.2%.
    • Net Income of R$287 million, excluding minority interests, up 57% YoY.
    • Return on Equity of 12.9%, up from 9.2% in 1Q24.
    • Efficiency Ratio continued improving and reached 48.8%, 1.3 p.p. better than 4Q24.
    • NPLs over 90 days improved to 4.1%, 0.8 p.p. lower than 1Q24.

    João Vitor Menin, Global CEO of Inter&Co, commented:

    “Inter, by design, embodies the transformation of the banking industry. From our focus on innovation and efficient digital distribution of financial products and services, to expanding benefits and lowering costs for all our clients, we are building trust and long-term relationships that will be mutually rewarding for years to come.”

    Alexandre Riccio, Brazil CEO of Inter&Co, highlighted the opportunities that lie ahead:

    “We are particularly excited about the engagement with peer-to-peer payments (Pix) in Brazil, the significant uptake of our loyalty program Loop, and the record number of clients using our credit products. The new Private Payroll offering represents a key opportunity for Inter. It aligns perfectly with our business model: digital, low-cost distribution, scalable, and collateralized, with minimal overlap with our other consumer credit products.”

    About the 1Q25 results, he commented that, “Our commitment to cost control has allowed us to further widen the gap between net revenue growth and expenses, achieving an efficiency level of 48.8%. In addition, Inter continues to benefit from a diversified credit model, with improving underwriting resulting in another decrease in NPL ratio to 4.1%.

    “As we enter the third year of the 60/30/30 plan, we are proud that our results reflect the dedication, focus, and effectiveness of our team in implementing our strategy, delivering consistent, resilient growth and profitability.”

    Conference Call
    Inter&Co will discuss its 1Q2025 financial results on May 12th, 2025, at 11 a.m. ET (12 p.m. BRT). The webcast details, along with the earnings materials can be accessed on the company’s Investor Relations website at https://investors.inter.co/en/.

    About Inter
    Inter&Co (NASDAQ: INTR), the company that controls Banco Inter in Brazil and the subsidiary Inter&Co Payments, is the pioneering financial super app serving over 37.7 million customers across the Americas. Inter’s ecosystem offers a broad array of services, including banking, investments, mortgages, credit, insurance, and cross-border payments. The financial super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. Focused on innovation and captivating member experiences, Inter delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers.

    Investor Relations:
    Rafaela de Oliveira Vitória – ir@inter.co

    Media Relations: 
    Kaio Philipe – kaio.philipe@inter.co 
    Chemistry Agency – interco@chemistryagency.com 

    Disclaimer
    This report may contain forward-looking statements regarding Inter, anticipated synergies, growth plans, projected results and future strategies. While these forward-looking statements reflect our Management’s good faith beliefs, they involve known and unknown risks and uncertainties that could cause the company’s results or accrued results to differ materially from those anticipated and discussed herein. These statements are not guarantees of future performance. These risks and uncertainties include, but are not limited to, our ability to realize the number of projected synergies and the projected schedule, in addition to economic, competitive, governmental and technological factors affecting Inter, the markets, products and prices and other factors. In addition, this presentation contains managerial figures that may differ from those presented in our financial statements. The calculation methodology for these managerial numbers is presented in Inter’s quarterly earnings release. Statements contained in this report that are not facts or historical information may be forward looking statements under the terms of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may, among other things, beliefs related to the creation of value and any other statements regarding Inter. In some cases, terms such as “estimate”, “project”, “predict”, “plan”, “believe”, “can”, “expectation”, “anticipate”, “intend”, “aimed”, “potential”, “may”, “will/shall” and similar terms, or the negative of these expressions, may identify forward looking statements.

    These forward-looking statements are based on Inter’s expectations and beliefs about future events and involve risks and uncertainties that could cause actual results to differ materially from current ones. Any forward-looking statement made by us in this document is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future developments or otherwise. The definition of each such operational metric is included in the earnings release available on our Investor Relations website.

    For additional information that about factors that may lead to results that are different from our estimates, please refer to sections “Cautionary Statement Concerning Forward Looking Statements” and “Risk Factors” of Inter&Co Annual Report on Form 20-F. The numbers for our key metrics (Unit Economics), which include, among other, active clients and average revenue per active client (ARPAC), are calculated using Inter’s internal data. Although we believe these metrics are based on reasonable estimates, there are challenges inherent in measuring the use of our business. In addition, we continually seek to improve our estimates, which may change due to improvements or changes in methodology, in processes for calculating these metrics and, from time to time, we may discover inaccuracies and adjust to improve accuracy, including adjustments that may result in recalculating our historical metrics.

    About Non-IFRS Financial Measures
    To supplement the financial measures presented in this press release and related conference call, presentation, or webcast in accordance with IFRS, Inter&Co also presents non-IFRS measures of financial performance, as highlighted throughout the documents. The non-IFRS Financial Measures include, among others: Adjusted Net Income, Cost of Funding, Efficiency Ratio, Cost of Risk, Cards+PIX TPV, Gross ARPAC, Global Clients, Total Gross Revenues, and Return on average equity (ROE).

    A “non-IFRS financial measure” refers to a numerical measure of Inter&Co’s historical or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with IFRS in Inter&Co’s financial statements. Inter&Co provides certain non-IFRS measures as additional information relating to its operating results as a complement to results provided in accordance with IFRS. The non-IFRS financial information presented herein should be considered together with, and not as a substitute for or superior to, the financial information presented in accordance with IFRS. There are significant limitations associated with the use of non-IFRS financial measures. Further, these measures may differ from the non-IFRS information, even where similarly titled, used by other companies and therefore should not be used to compare Inter&Co’s performance to that of other companies.

    The MIL Network

  • MIL-OSI: Own shares – Sydbank A/S

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 21/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    12 May 2025  

    Dear Sirs

    Own shares – Sydbank A/S

    Referring to section 31 of the Danish Capital Markets Act, it is hereby announced that as of 9 May 2025, through direct and indirect holdings, Sydbank A/S had at its disposal 760,964 shares in Sydbank A/S, representing 1.51% of the total share capital of Sydbank A/S.

    Yours sincerely

            
    Sydbank A/S

    Attachment

    The MIL Network

  • MIL-OSI: Beamr Issues Q1-2025 CEO Letter to Shareholders: Experiencing Rising Demand for Our Technology Across Key Verticals

    Source: GlobeNewswire (MIL-OSI)

    In Q1 2025, Beamr expanded sales pipelines amid growing traction from large-scale prospects, engaged in major industry events, and continued innovation in cloud and product offerings

    Herzliya, Israel, May 12, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today issued a Letter to Shareholders from Sharon Carmel, Chief Executive Officer.

    Dear Shareholders:

    I am pleased to share with you our Q1-2025 activities, progress, and other recent updates, including the expansion of our sales initiatives, supported by growing traction from large-scale prospective customers, participation in leading industry events where we engaged with hundreds of attendees, and continued advancement of our strategic partnerships.

    Q1 2025 Highlights  – Capitalizing on Market Validation:

    Scaling Our Sales Pipelines

    Beamr’s value proposition continues to gain traction across verticals where video is central to business activity and its usage is growing rapidly. Our technology addresses critical challenges associated with large-scale video workflows, including storage, networking, and operational efficiency. These challenges are particularly acute in markets such as media and entertainment, user-generated content, and machine learning sectors, including internet-of-things and autonomous vehicles.

    During Q1 2025 and into early Q2 2025, Beamr expanded its sales team by adding two U.S.-based sales managers to strengthen outreach and responsiveness in our key geographic market. The company’s executives and sales directors conducted more than 130 face-to-face meetings with existing and prospective customers, as well as strategic partners. A significant portion of these meetings took place at three premier industry events: ACM Mile-High-Video 2025, NVIDIA GTC 2025, and the NAB Show 2025. During these engagements, Beamr showcased its high-quality, high-performance, GPU-accelerated video solutions, enabling efficient AI-powered video enhancements. 

    In the coming months, we aim to build on the expanding sales pipeline and growing industry recognition. We anticipate significant revenue growth in 2025, driven by the momentum established in customer and prospect engagements and continued implementation of our go-to-market strategy.

    Amazon Web Services – ISV Accelerate

    In Q1 2025, Beamr joined the AWS ISV Accelerate program, a global co-sell initiative for Amazon Web Services (AWS) partners, offering key benefits to drive visibility and co-selling opportunities. As an Independent Software Vendor (ISV) in the program, Beamr demonstrates strong alignment with AWS’s go-to-market strategies and initiatives. Beamr had progressed from listing on AWS Marketplace to becoming an ISV Accelerate Member in just three months.

    AI Video Webinar

    In January 2025, Beamr hosted a webinar titled: “The Future of AI Video – From Infrastructure to Experience”. The webinar featured Richard Kerris, VP of Media and Entertainment at NVIDIA, Jeffrey Schick, VP Strategic Client Engagement Media and Entertainment at Oracle and myself. 

    Participating in Premier Industry Events

    ACM Mile-High-Video 2025

    In February 2025, I delivered a keynote speech at the ACM Mile-High-Video 2025 conference, held in Denver, Colorado, titled “Is the future of video processing destined for GPU.” The conference is a flagship video formats and streaming event that is geared towards practicing engineers in areas related to media compression and streaming. 

    NVIDIA GTC 2025

    In March 2025, I presented a session showcasing how AI algorithms reshape video quality and usability and improve the efficiency of video workflows, at NVIDIA GTC in San Jose, California. The session attracted more than 430 attendees.

    Beamr CEO Sharon Carmel presenting at NVIDIA GTC 

    NAB Show 2025

    In April, 2025, Beamr participated in the NAB Show 2025 in Las Vegas, Nevada where we presented our solution for scalable, high-quality video content upgrade to the advanced AV1 codec. Our offering, paired with a simple, competitive pricing plan, addresses key adoption barriers to AV1, and received the NAB Show Product of the Year award. As part of the event, I delivered a presentation at the AWS theater and participated in a panel at the Oracle streaming summit. 

    Beamr’s AV1 solution wins the NAB Show Product of the Year award

    In February 2025, Beamr presented at the A.G.P.’s Virtual Technology Conference, and in March 2025 participated in the Loop Capital Markets 2025 Investor Conference. This month, we will participate in the Ladenburg Thalmann Technology Innovation Expo in New York and participate virtually in the Needham Technology, Media & Consumer 1×1 Conference.

    In January 2025, I was interviewed for the Wall Street Resource Podcast (Listen to the full interview here), after an interview at Nasdaq as part of their Amplify Spotlight interview series in December 2024 (Watch the full interview here).

                                  
    Developing the Beamr Cloud and Product Offering

    In recent months, we enhanced our SaaS, Beamr Cloud, with new capabilities addressing evolving needs of customers and prospects, including:

    • Increasing subjective and objective video quality.
    • A competitive, flexible pricing model with tiered, minutes-based plans that support video business growth, offered alongside storage-based pricing tailored to companies with heavy video usage.
    • A “Playground” designed to provide new users with an engaging and intuitive experience for evaluating Beamr’s services.

    Beamr GPU-accelerated, high-quality, and scalable video solutions extend beyond Beamr Cloud to include offerings on our partner cloud platforms, AWS and Oracle Cloud Infrastructure (OCI), private cloud and enterprise-tailored deployments with improved security and privacy, and on-premises deployments.

    Strengthening the Beamr Team

    To support our expanding research and development, sales and marketing initiatives, we hired six new team members across our offices in Herzliya, Serbia and the US, during Q1 2025 and early Q2 2025. New hires include engineers, a product growth lead, and directors of sales.
        
    Financial highlights*

    During the three month period ended March 31, 2025, we generated approximately $0.63M in revenue, compared with $0.41M in the three months ended March 31, 2024, representing a 55% year over year increase, which was primarily attributable to the earlier recognition of a significant legacy license renewal in Q1-2025 that was previously renewed in Q2-2024. Our balance sheet remains strong with $15.2M of cash and cash equivalents, as of March 31, 2025.
        
    The first quarter of 2025 marked a strong start to the year, with multiple opportunities to present our vision and showcase our technology and solutions to hundreds of professionals and executives in the video industry across multiple verticals. We continue to see growing interest in our offerings, highlighting both rising demand and expanding market validation. Notably, we believe that increased engagement from larger industry players signals a promising outlook for the company’s business development in the months ahead. We remain focused on implementing our vision and believe that Beamr will continue to capitalize on the significant validation that we have been creating as we convert prospects in the sales funnel into significant revenue growth in the coming quarters.

    Respectfully,

    Sharon Carmel
    Chief Executive Officer, Beamr Imaging Ltd.

    About Beamr

    Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization, trusted by top media companies, including Netflix and Paramount. Beamr’s perceptual optimization technology (CABR) is backed by 53 patents and an Emmy® Award for Technology and Engineering winner. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

    Beamr Cloud is a high-performance, GPU-accelerated video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables high-performance, cost-effective video modernization to advanced formats, such as AV1, and efficient AI-powered enhancements.

    For more details, please visit www.beamr.com or the investors’ website www.investors.beamr.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition, including its expectations for significant revenue growth in 2025. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2025 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.

    Investor Contact:
    investorrelations@beamr.com

    * This unaudited preliminary financial information regarding our revenues for the three months and quarter ended March 31, 2025, is based upon our estimates and subject to completion of our quarter-end financial results. Moreover, this financial information has been prepared solely on the basis of currently available information by, and is the responsibility of, management. Our independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to such preliminary estimates or the accounting treatment thereof and does not express an opinion or any other form of assurance with respect thereto. This preliminary financial information is not a comprehensive statement of our financial results for this period.

    The MIL Network

  • MIL-OSI: Sprott Physical Uranium Trust Raises US$25.55 Million Through Non-Brokered Private Placement

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust”) today announced that SPUT has completed a US$25.55 million non-brokered private placement of trust units. The proceeds are expected to be used to cover general operating expenses of the Trust for the next year.

    “We launched SPUT with the objective of providing investors with the most liquid and efficient way to invest in physical uranium,” said John Ciampaglia, CEO of Sprott Asset Management. “Since the Trust was launched in 2021, it has purchased approximately 48 million pounds of U3O8 and not sold or loaned out a single pound. I would like to take this opportunity to strongly reiterate that SPUT has the tools, including this private placement, to deliver on its intention not to sell any of the physical uranium that SPUT holds on behalf of thousands of investors. Sprott Asset Management participated in this placement alongside the subscribers and we thank all our unitholders for their continued support of SPUT.”

    Key SPUT Statistics Pro Forma for the Offering:

    • World’s largest physical uranium fund1
    • 66.2 million pounds of physical uranium in U3O8 form
    • US$31.4 million of net cash
    • Net asset value of US$4.64 billion
    • Storage locations in Canada, the United States and France

    About Sprott

    Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol “SII”. For more information, please visit www.sprott.com.

    About SPUT

    Important information about SPUT, including its investment objectives and strategies, applicable management fees, and expenses, can be found on its website at www.sprott.com. Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.

    Caution Regarding Forward-Looking Statements

    This press release contains forward-looking information within the meaning of applicable Canadian securities laws (“forward looking statements”). Forward-looking statements in this press release include, without limitation, the intended use of proceeds and the Trust’s intentions with respect to the sale of physical uranium. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things: the uranium and nuclear energy market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Trust’s continuous disclosure filings, which are available at www.sedarplus.ca. All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.

    Investor Contact:

    Glen Williams
    Senior Managing Partner
    Investor and Institutional Client Relations
    Direct: 416-943-4394
    gwilliams@sprott.com

    ________________________
    1
    Based on Morningstar’s universe of listed commodity funds. Data as of 12/31/2024.

    The MIL Network

  • MIL-OSI: Advantage Solutions Reports First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Supporting clients through a challenging operating environment

    Continuing to make progress on transformation initiatives that will streamline operations

    Management lowers guidance to reflect heightened market uncertainty

    ST. LOUIS, May 12, 2025 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer goods manufacturers and retailers, today reported financial results for the three months ended March 31, 2025.

    Unless otherwise noted, results presented in this release are from continuing operations, and comparisons are on a prior year basis. Revenues for the three months were $822 million compared with $861 million, and net loss was $56 million compared to a net loss of $50 million.

    Q1 2025 Financial Highlights
      Revenues declined 5% to $822 million. Adjusted EBITDA declined 18% to $58 million.
      The majority of the financial impact was due to intentional client exits and anticipated transformation spending. Labor shortages in some regional pockets and a decline in retail inventory, resulting in lower order volumes, were contributing factors.
      The Company remains focused on disciplined capital allocation with voluntary debt repurchases and share buybacks of approximately $20 million and $1 million, respectively.


    “I am proud of the support we delivered to our clients in the first quarter as our teammates demonstrated a relentless focus during a highly uncertain time,” said Advantage CEO Dave Peacock. “Demand remains healthy in our business across Experiential and Retailer Services, and Branded Services continues to take steps towards greater stability. While we must acknowledge near-term risk from macro-uncertainty as reflected in our updated guidance, I am excited by developments in our new business pipeline and our transformation initiatives, which remain on track to drive efficiency while enhancing growth and cash flow in 2026 and beyond.”

    Consolidated Financial Summary from Continuing Operations
    (amounts in thousands) Three Months Ended March 31,   Change (Reported)
      2025     2024   $   %
    Total Revenues $ 821,792     $ 861,412   $ (39,620)     (4.6 %)
    Total Net Loss $ (56,130)     $ (50,133)   $ (5,997)     12.0 %
    Total Adjusted EBITDA $ 58,181     $ 70,639   $ (12,458)     (17.6 %)
    Adjusted EBITDA Margin   7.1%       8.2%          


    The complete earnings release can be found
    here.

    Media Contact: press@youradv.com
    Investor Contact: investorrelations@youradv.com

    Conference Call Details
    Date/Time  May 12, 2025, 8:30 am EDT
    Dial-in 
    (10 minutes before the call) 
    800-267-6316 within the United States or +1-203-518-9783 outside the United States
    Dial-in Code: ADVQ1
    Webcast  Available at: ADV 1Q 2025 Earnings Webcast
    Replay  844-512-2921 within the United States or +1-412-317-6671 outside the United States
    Replay ID: 11158789


    About Advantage Solutions

    Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit YourADV.com.

    Included with this press release are the Company’s consolidated and condensed financial statements as of and for the three months ended March 31, 2025. These financial statements should be read in conjunction with the information contained in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 7, 2025.

    Forward-Looking Statements

    Certain statements in this press release may be considered forward-looking statements within the meaning of the federal securities laws, including statements regarding the expected future performance of Advantage’s business and projected financial results. Forward-looking statements generally relate to future events or Advantage’s future financial or operating performance. These forward-looking statements generally are identified by the words “may”, “should”, “expect”, “intend”, “will”, “would”, “could”, “estimate”, “anticipate”, “believe”, “predict”, “confident”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Advantage and its management at the time of such statements, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, market-driven wage changes or changes to labor laws or wage or job classification regulations, including minimum wage; future potential pandemics or health epidemics; Advantage’s ability to continue to generate significant operating cash flow; client procurement strategies and consolidation of Advantage’s clients’ industries creating pressure on the nature and pricing of its services; consumer goods manufacturers and retailers reviewing and changing their sales, retail, marketing and technology programs and relationships; Advantage’s ability to successfully develop and maintain relevant omni-channel services for our clients in an evolving industry and to otherwise adapt to significant technological change; Advantage’s ability to maintain proper and effective internal control over financial reporting in the future; Advantage’s substantial indebtedness and our ability to refinance at favorable rates; and other risks and uncertainties set forth in the section titled “Risk Factors” in the Annual Report on Form 10-K filed by the Company with the SEC on March 7, 2025, and in its other filings made from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Advantage assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Non-GAAP Financial Measures and Related Information

    This press release includes certain financial measures not presented in accordance with generally accepted accounting principles (“GAAP”), including Adjusted EBITDA from Continuing Operations, Adjusted EBITDA from Discontinued Operations, Adjusted EBITDA by Segment, Adjusted Unlevered Free Cash Flow and Net Debt. These are not measures of financial performance calculated in accordance with GAAP and may exclude items that are significant in understanding and assessing Advantage’s financial results. Therefore, the measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP, and should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that Advantage’s presentation of these measures may not be comparable to similarly titled measures used by other companies. Reconciliations of historical non-GAAP measures to their most directly comparable GAAP counterparts are included below.

    Advantage believes these non-GAAP measures provide useful information to management and investors regarding certain financial and business trends relating to Advantage’s financial condition and results of operations. Advantage believes that the use of Adjusted EBITDA from Continuing Operations, Adjusted EBITDA from Discontinued Operations, Adjusted EBITDA by Segment, Adjusted Unlevered Free Cash Flow, and Net Debt provide an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing Advantage’s financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Additionally, other companies may calculate non-GAAP measures differently, or may use other measures to calculate their financial performance, and therefore Advantage’s non-GAAP measures may not be directly comparable to similarly titled measures of other companies.

    Adjusted EBITDA from Continuing Operations, Adjusted EBITDA from Discontinued Operations and Adjusted EBITDA by Segment are supplemental non-GAAP financial measures of our operating performance. Adjusted EBITDA from Continuing Operations and Adjusted EBITDA from Discontinued Operations mean net (loss) income before (i) interest expense (net), (ii) provision for (benefit from) income taxes, (iii) depreciation, (iv) amortization of intangible assets, (v) impairment of goodwill, (vi) changes in fair value of warrant liability, (vii) stock based compensation expense, (viii) equity-based compensation of Karman Topco L.P., (ix) fair value adjustments of contingent consideration related to acquisitions, (x) acquisition and divestiture related expenses, (xi) (gain) loss on divestitures, (xii) restructuring expenses, (xiii) reorganization expenses, (xiv) litigation expenses (recovery), (xv) costs associated with the Take 5 Matter, (xvi) EBITDA for economic interests in investments and (xviii) other adjustments that management believes are helpful in evaluating our operating performance.

    Adjusted EBITDA by Segment means, with respect to each segment, operating income (loss) from continuing operations before (i) depreciation, (ii) amortization of intangible assets, (iii) impairment of goodwill, (iv) stock based compensation expense, (v) equity-based compensation of Karman Topco L.P., (vi) fair value adjustments of contingent consideration related to acquisitions, (vii) acquisition and divestiture related expenses, (viii) restructuring expenses, (ix) reorganization expenses, (x) litigation expenses (recovery), (xi) costs associated with the Take 5 Matter, (xii) EBITDA for economic interests in investments and (xiii) other adjustments that management believes are helpful in evaluating our operating performance, in each case, attributable to such segment.

    Adjusted EBITDA Margin means Adjusted EBITDA from Continuing Operations divided by total revenues. 

    Adjusted Unlevered Free Cash Flow represents net cash provided by (used in) operating activities from continuing and discontinued operations less purchase of property and equipment as disclosed in the Statements of Cash Flows further adjusted by (i) cash payments for interest, (ii) cash received from interest rate derivatives, (iii) cash paid for income taxes; (iv) cash paid for acquisition and divestiture related expenses, (v) cash paid for restructuring expenses, (vi) cash paid for reorganization expenses, (vii) cash paid for contingent earnout payments included in operating cash flow, (viii) cash paid for costs associated with the Take 5 Matter, (ix) net effect of foreign currency fluctuations on cash, and (x) other adjustments that management believes are helpful in evaluating our operating performance. Adjusted Unlevered Free Cash Flow as a percentage of Adjusted EBITDA means Adjusted Unlevered Free Cash Flow divided by Adjusted EBITDA from Continuing Operations and Adjusted EBITDA from Discontinued Operations.

    Net Debt represents the sum of current portion of long-term debt and long-term debt, less cash and cash equivalents and debt issuance costs. With respect to Net Debt, cash and cash equivalents are subtracted from the GAAP measure, total debt, because they could be used to reduce the debt obligations. We present Net Debt because we believe this non-GAAP measure provides useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and to evaluate changes to the Company’s capital structure and credit quality assessment.

    Advantage Solutions Inc.
    Reconciliation of Net Income (Loss) to Adjusted EBITDA
    (Unaudited)
     
    Continuing Operations   Three Months Ended March 31,  
    (in thousands)   2025     2024  
    Net loss from continuing operations   $ (56,130 )   $ (50,133 )
    Add:            
    Interest expense, net     34,360       35,761  
    Provision for (benefit from) income taxes from continuing operations     7,139       (15,865 )
    Depreciation and amortization     50,361       49,748  
    Changes in fair value of warrant liability     10       287  
    Stock-based compensation expense (a)     6,485       8,554  
    Equity-based compensation of Karman Topco L.P. (b)     (1,524 )     390  
    Fair value adjustments related to contingent consideration related to acquisitions (c)           778  
    Acquisition and divestiture related expenses (d)     423       440  
    Restructuring expenses (e)     931        
    Reorganization expenses (f)     12,240       35,052  
    Litigation expenses (g)     523       284  
    Costs associated with the Take 5 Matter (h)     308       240  
    EBITDA for economic interests in investments (i)     3,055       5,103  
    Adjusted EBITDA from Continuing Operations   $ 58,181     $ 70,639  
                     
    (a)   Represents non-cash compensation expense related to performance stock units, restricted stock units, and stock options under the 2020 Advantage Solutions Incentive Award Plan and the Advantage Solutions 2020 Employee Stock Purchase Plan.
    (b)   Represents expenses related to equity-based compensation expense associated with grants of Common Series D Units of Karman Topco L.P. made to one of the sponsors of Advantage.
    (c)   Represents adjustments to the estimated fair value of our contingent consideration liabilities related to our acquisitions, for the applicable periods.
    (d)   Represents fees and costs associated with activities related to our acquisitions, divestitures, and related activities, including professional fees, due diligence, and integration activities.
    (e)   Restructuring charges including programs designed to integrate and reduce costs intended to further improve efficiencies in operational activities and align cost structures consistent with revenue levels associated with business changes. Restructuring expenses include costs associated with the Voluntary Early Retirement Program and employee termination benefits associated with a reduction-in-force and other optimization initiatives.
    (f)   Represents fees and costs associated with various internal reorganization activities, including professional fees, lease exit costs, severance, and nonrecurring compensation costs.
    (g)   Represents legal settlements, reserves, and expenses that are unusual or infrequent costs associated with our operating activities.
    (h)   Represents costs associated with collection and remediation activities related to the Take 5 Matter, primarily professional fees and other related costs.
    (i)   Represents additions to reflect our proportional share of Adjusted EBITDA related to our equity method investments and reductions to remove the Adjusted EBITDA related to the minority ownership percentage of the entities that we fully consolidate in our financial statements.

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes OMV AG to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced OMV AG (Vienna Stock Exchange: OMV; OTCQX: OMVKY, OMVJF), an integrated sustainable chemicals, fuels, and energy company, has qualified to trade on the OTCQX® Best Market. OMV AG upgraded to OTCQX from the Pink® market.

    OMV AG begins trading today on OTCQX under the symbols “OMVKY” and “OMVJF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    We are pleased to announce our upgrade to the OTCQX® Best Market. With a strong foundation of international investors, this move further enhances the accessibility and visibility of our shares to both U.S. institutional and retail investors and it provides them with an opportunity to participate in OMV’s growth and financial strength. Based on our strong balance sheet, OMV is a sector leader in shareholder distributions, with a strong track record of consistently delivering value to its investors. We look forward to sharing our equity story and warmly welcoming new investors to join us on this journey,” said Reinhard Florey, Chief Financial Officer.

    About OMV AG
    It is our purpose to re-invent essentials for sustainable living. OMV is transitioning to become an integrated sustainable chemicals, fuels and energy company with a focus on circular economy solutions. By gradually switching over to the low carbon business, OMV is striving to achieve net zero by 2050 at the latest. In 2024, the company generated revenues of 34 billion euros with a diverse and talented workforce of around 23,600 employees worldwide. OMV shares are traded on the Vienna Stock Exchange (OMV) and in the US as American Depository Receipts (OMVKY). For more information, please visit www.omv.com

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network

  • MIL-OSI: InStride Named a 2025 World’s Top EdTech Company by TIME and Statista

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, May 12, 2025 (GLOBE NEWSWIRE) — InStride, a leading provider of strategic education benefits and skills development solutions, has been recognized on the TIME World’s Top EdTech Companies 2025 list, ranking #26 globally and #7 among U.S.-based companies. Presented by TIME and Statista Inc., the annual list highlights companies that are transforming education through innovation, scale, and meaningful contributions to the industry.

    Now in its second year, the TIME list evaluated more than 7,000 education companies worldwide based on two key dimensions:

    • Financial strength, including revenue, funding data, and company disclosures
    • Industry impact, evaluating the quality and influence of products, services, and intellectual property

    “This recognition signals what’s possible when companies treat education as core to business strategy,” said Craig Maloney, CEO of InStride. “When learning is aligned to business needs and made accessible to all employees, it creates real competitive advantage, and real opportunity.”

    InStride partners with some of the most influential organizations on the Fortune 250, unlocking access to life-changing education for their employees. Its model breaks down barriers to learning and drives career growth aligned with organizational goals, connecting employees to the roles and skills companies need most. Built for scale and impact, InStride offers tailored solutions that help fill clinical pipelines, upskill frontline teams, and develop future leaders. This recognition from TIME affirms the power of that model.

    View the full TIME World’s Top EdTech Companies 2025 list.

    About InStride

    InStride is a human capital management company that solves corporate talent challenges through strategic education benefits and skills development solutions. By breaking down barriers to learning, fostering career growth aligned with organizational goals, and simplifying program management, InStride delivers lasting impact. Partnering with forward-thinking companies like Labcorp, Adidas, and SSM Health, InStride drives meaningful social and business outcomes by providing access to life-changing education. Visit instride.com or follow InStride on LinkedIn for more information and up-to-date news.

    Contact
    Maryam Sohraby, Chief Marketing Officer, maryam.sohraby@instride.com, 908-461-0796

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Northisle Copper and Gold Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Northisle Copper and Gold Inc. (TSX-V: NCX; OTCQX: NTCPF), a Vancouver-based sustainable mineral resource company, has qualified to trade on the OTCQX® Best Market. Northisle Copper and Gold Inc. upgraded to OTCQX from the Pink® market.

    Northisle Copper and Gold Inc. begins trading today on OTCQX under the symbol “NTCPF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    Sam Lee, President & CEO of Northisle, commented: “We are excited to begin trading on OTCQX, which will provide greater accessibility and visibility for Northisle among U.S. investors as we continue advancing our compelling North Island copper-gold project. With a recently completed PEA outlining a C$2.0 billion after-tax NPV and a 29% IRR, and a 2025 exploration program already underway targeting higher-margin zones and new porphyry centers, Northisle is at an inflection point. Our focus on responsible development, stakeholder engagement, and district-scale opportunity in a tier-one jurisdiction positions us to deliver long-term value. We look forward to welcoming new shareholders to participate in this exciting phase of growth.”

    About Northisle Copper and Gold Inc.
    Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada’s leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometers northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on accelerating the advancement of this compelling project while exploring within this highly prospective land package.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

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

    The MIL Network

  • MIL-OSI: Gilat Expands and Adds to its ESA Antenna Portfolio with a Successful Test Flight of ESR-2030Ku on Eutelsat OneWeb Low Earth Orbit (LEO) Network

    Source: GlobeNewswire (MIL-OSI)

    PETAH TIKVA, Israel, May 12, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today the successful completion of a series of test flights featuring its ESR-2030Ku electronically steered antenna (ESA). Conducted in collaboration with Gogo, which will be the exclusive distributor of the antenna for the business aviation and defense markets, the tests demonstrated outstanding performance of the ESA on the OneWeb Low Earth Orbit (LEO) network.

    The ESR-2030Ku—designed for mobility and engineered for efficiency—delivered full-duplex connectivity with throughput of 195 Mbps downlink and 32 Mbps uplink. The terminal remained stable and reliable throughout the tests, even in demanding performance scenarios.

    “We are extremely pleased with the results of these flight tests,” said Hagay Katz, Chief Product and Marketing Officer at Gilat. “With the superior performance of the ESR-2030Ku, we are expanding our portfolio of market-leading electronically steered antennas, which now includes both the ESR-2030Ku and the Stellar Blu Sidewinder. This achievement positions Gilat to capitalize on the fast-growing, multi-billion-dollar market for LEO-based ESA solutions in the Defense and In-Flight Connectivity sectors.”

    The ESR-2030Ku is a unique compact and low-power full-duplex aero ESA built for the OneWeb network. Production hardware delivery to support customer STCs is expected later in 2025.

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

    Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the terrorist attacks by Hamas, and the hostilities between Israel and Hamas and Israel and Hezbollah. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Product and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors:

    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    The MIL Network

  • MIL-OSI: Eviden Awarded Contract for “Kaufhaus des Bundes – Next Generation” Project by the Procurement Office of the Federal Ministry of the Interior (BeschA)

    Source: GlobeNewswire (MIL-OSI)

    Press Release 

    Eviden Awarded Contract for “Kaufhaus des Bundes – Next Generation” Project by the Procurement Office of the Federal Ministry of the Interior (BeschA)

    Together with veenion, Eviden is redesigning the ‘KdB NG’ procurement platform for more than 480 federal authorities and federal-related institutions

    Berlin, Deutschland, and Paris, France – May 12, 2025 – Eviden, the Atos Group business leading in digital, cloud, big data and security and IT partner veenion GmbH announce the successful signing of a contract for the modernization project “Kaufhaus des Bundes – Next Generation (KdB NG)”. The KdB NG will replace the existing system and create a convenient and modern procurement portal. This new platform will fully digitize the electronic procurement for over 480 federal authorities and federal-related institutions in Germany, significantly improving the existing system on multiple relevant levels. The platform will enable approximately 22,000 registered users to quickly and securely procure goods and services online – another milestone in the digitization of public administration.

    Innovative Technology for Future-Proof Processes

    The “Kaufhaus des Bundes” has evolved into a comprehensive procurement platform for public administration. By centrally bundling the procurement needs of federal authorities, it offers a wide range of goods and services, from office supplies and IT services to vehicles and much more.

    The new solution, based on the standard software solution “open ordering” from our partner veenion, creates the basis for workflow-driven process optimization. This allows a modern and transparent procurement experience by implementing an end-to-end digital process chain between the awarding authority, the contractor, and the demand carrier.

    The implementation takes place in three successive phases:

    • First Phase: establishment of the basic system with the most important core functionalities for test operation
    • Second Phase: Expansion of the overall system with the deployment of all functionalities up to piloting
    • Third Phase: Support of the pilot phase until the full solution goes live at the end of 2025

    In addition to providing the software solution, Eviden and veenion will continuously keep developing and adapting the solution to the specific requirements of the federal administration as it evolves.

    Long-Term Collaboration as a Success Factor

    Eviden has been supporting the “Kaufhaus des Bundes” since 2001. This long-standing experience and Eviden’s in-depth know-how in the public sector and public procurement solutions form the basis for this new project. The collaboration between Eviden and the BeschA enabled the development of a tailored solution that is precisely aligned with the needs of public administrations. The new “Kaufhaus des Bundes” sets the standards for a modern, secure, and efficient procurement solution.

    veenion GmbH has been specializing in procurement solutions for cities, public authorities, and research institutions for over 25 years. Together with Eviden, veenion successfully implements projects and creates networks through e-procurement solutions that efficiently bring together demand carriers, buyers, and suppliers – from the emergence of demand to payment.

    Sustainable Added Value for Public Administration

    The new procurement solution offers numerous advantages for public administrations:

    • Maximum Efficiency: The use of electronic catalogues and self-service options significantly accelerates digital procurement processes and reduces workload.
    • High Security: Individually configurable approval processes and seamless documentation ensure maximum transparency and security.
    • User-Friendliness: The intuitive user interface makes it easier for users to access all relevant functions and information.
    • Future-proofing: Continuous developments and the integration of state-of-the art technologies ensure that the system remains up-to-date, meeting current and future customer requirements and ensuring the platform’s long-term usability.
    • Sustainability: Sustainability labels in the products’ catalogue overview provide transparent guidance for economic, ecological, and social based offers.

    With the new procurement solution for the ‘Kaufhaus des Bundes’ we can significantly advance the digitization process in public administration,” says Boris Hecker, Managing Director of Eviden Deutschland GmbH, an Atos business. ” Our long-standing experience in implementing IT projects for the public sector is the foundation for a future-proof and sustainable procurement platform that meets the specific requirements of the authorities.”

    Our close collaboration with Eviden has enabled us to develop a tailored solution that can flexibly adapt to the individual needs of the public authorities,” explains Manuel Delvo, Managing Director of veenion GmbH. “We are excited to lead the ‘Kaufhaus des Bundes’ into the next generation with our technology and elevate procurement to a new level.”

    The ‘Kaufhaus des Bundes’ is the central procurement platform that has enabled efficient and secure procurement for federal authorities for years. With this new solution, we ensure that all requirements for a modern and user-friendly Kaufhaus des Bundes continues to be met in the future,explains Frank Schmitz, Head of Department Z of the Procurement Office of the Federal Ministry of the Interior. “The new shop solution will consistently advance the digitization of the public sector’s ordering process and establish a future-proof foundation.

    ***

    About Eviden
    Eviden is a next-gen technology leader in data-driven, trusted and sustainable digital transformation with a strong portfolio of patented technologies. With worldwide leading positions in advanced computing, security, AI, cloud and digital platforms, it provides deep expertise for all industries in more than 47 countries. Bringing together 41,000 world-class talents, Eviden expands the possibilities of data and technology across the digital continuum, now and for generations to come. Eviden is an Atos Group company with an annual revenue of c. € 5 billion.

    About Atos

    Atos is a global leader in digital transformation with c. 74,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact:
    Laurent Massicot – laurent.massicot@atos.net

    Attachment

    The MIL Network

  • MIL-OSI: Annual Report for the year ended 31 December 2024 and Notice of Meeting

    Source: GlobeNewswire (MIL-OSI)

    Octopus Titan VCT plc

    Annual Report for the year ended 31 December 2024 and Notice of Meeting

    Further to the announcement of annual results for the year ended 31 December 2024, Octopus Titan VCT plc (the ‘Company’) announces that the Annual Report has been posted or otherwise made available to shareholders. A copy of the Annual Report is also available to view on the Company’s website at http://www.octopusinvestments.com

    The Annual Report includes the Notice of Meeting for the Annual General Meeting of the Company to be held on 19 June 2025.

    The Annual Report, together with the Form of Proxy, has been submitted to the Financial Conduct Authority’s Electronic Submission System and is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

    For further information please contact:

    Rachel Peat
    Octopus Company Secretarial Services Limited
    Tel: +44 (0)80 0316 2067

    LEI: 213800A67IKGG6PVYW75

    The MIL Network

  • MIL-OSI: Hut 8 Subsidiary American Bitcoin Announces Go-Public Transaction

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 12, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreement to go public with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) (“Gryphon”) pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction.

    Upon closing, the combined company will operate under the American Bitcoin brand, led by the American Bitcoin board of directors, including Mike Ho, Asher Genoot, Justin Mateen, and Michael Broukhim, and management team, including Mike Ho, Matt Prusak, and Eric Trump. The combined company is expected to trade on Nasdaq under the ticker symbol “ABTC.” The transaction is expected to close as early as Q3 2025.

    “This transaction marks the next step in scaling American Bitcoin as a purpose-built vehicle for low-cost Bitcoin accumulation at scale,” said Asher Genoot, CEO of Hut 8. “By taking American Bitcoin public, we expect to unlock direct access to dedicated growth capital independent of Hut 8’s balance sheet, while preserving long-term exposure to Bitcoin upside for our shareholders.”

    Existing stockholders of American Bitcoin are expected to own approximately 98% of the combined company. Immediately following the completion of the transaction, the Company will beneficially own a majority of the issued and outstanding capital stock of the combined company.

    Following the transaction, Hut 8 will continue to serve as American Bitcoin’s exclusive infrastructure and operations partner through a series of long-term commercial agreements expected to generate stable, contracted revenue streams in Hut 8’s Power and Digital Infrastructure segments.

    Additional Transaction Information

    American Bitcoin has made available on its website a presentation with additional information concerning the transaction.

    Supplemental Materials and Upcoming Communications

    For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company’s website, https://hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    About American Bitcoin

    American Bitcoin is a Bitcoin accumulation platform focused on building American’s Bitcoin infrastructure backbone. A majority-owned subsidiary of Hut 8, the company combines Hut 8’s proven mining operations, cost-efficient infrastructure development capabilities, and disciplined approach to capital allocation with Eric Trump’s commercial acumen, capital markets expertise, and commitment to the advancement of decentralized financial systems. For more information, visit www.americanbtc.com and follow the company on X at @AmericanBTC.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the structure, timing, and completion of the proposed transaction between American Bitcoin and Gryphon, the combined company’s listing on Nasdaq after the closing of the proposed transaction, the expected management and board of directors of the combined company, American Bitcoin’s capital markets access, Hut 8’s ability to preserve long-term exposure to Bitcoin upside for its shareholders, Hut 8’s ownership interest in the combined company, Hut 8’s exclusive provision of infrastructure and operations services to American Bitcoin, and the vision, goals, and trajectory of American Bitcoin and the combined company.

    Forward-looking statements are not statements of historical fact, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: the occurrence of any event, change, or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not satisfied on a timely basis or at all, including the failure to timely obtain stockholder approval for the proposed transaction from Gryphon’s stockholders, if at all; risks related to Gryphon’s continued listing on Nasdaq until closing of the proposed transaction; the outcome of any legal proceedings that may be instituted against American Bitcoin, Gryphon, or the combined company; the possibility that the anticipated benefits of the proposed transaction to the parties or to Hut 8 are not realized when expected or at all; the possibility that the vision, goals, and trajectory of the combined company are not timely achieved or realized or achieved or realized at all; the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected; the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events; the diversion of management’s attention from ongoing business operations and opportunities; changes in Gryphon’s stock price before closing; and other factors that may affect future results of American Bitcoin, Gryphon, or the combined company. Additional factors that could cause results to differ materially from those described above can be found in Gryphon’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and other documents subsequently filed by Gryphon with the Securities Exchange Commission (the “SEC”), and in the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Additional Information About the Proposed Transaction and Where to Find It

    This press release relates to a proposed transaction between American Bitcoin and Gryphon. In connection with the proposed transaction, Gryphon intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement) to register the Class A common stock to be issued by Gryphon in connection with the proposed transaction. The Registration Statement will include a proxy statement of Gryphon and a prospectus of Gryphon (the “Proxy Statement/Prospectus”), and each of American Bitcoin and Gryphon may file with the SEC other relevant documents concerning the proposed transaction. After the Registration Statement is declared effective, the definitive Proxy Statement/Prospectus will be sent to the stockholders of Gryphon to seek their approval of the proposed transaction. This press release is not a substitute for the Registration Statement, the Proxy Statement/Prospectus or any other relevant documents that American Bitcoin or Gryphon has filed or will file with the SEC. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF GRYPHON ARE URGED TO CAREFULLY AND ENTIRELY READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AMERICAN BITCOIN, GRYPHON, THE PROPOSED TRANSACTION, AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other relevant documents filed by American Bitcoin and Gryphon with the SEC, may be obtained free of charge, when they become available, at the SEC’s website at www.sec.gov. You will also be able to obtain these documents free of charge, when they are available, by directing a request to Gryphon’s Investor Relations department at 646-755-7412 or emailing James@HaydenIR.com. The information on the Company’s, American Bitcoin’s, or Gryphon’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

    Participants in the Solicitation

    American Bitcoin, Gryphon and certain of their respective directors, executive officers, and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Gryphon, their ownership of Gryphon common stock, and Gryphon’s transactions with related persons is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on March 31, 2025, the definitive proxy statement for Gryphon’s 2024 annual meeting of stockholders, as filed with the SEC on August 7, 2024, the definitive proxy statement for Gryphon’s 2025 special meeting of stockholders, as filed with the SEC on April 21, 2025, and other documents that may be filed from time to time with the SEC. Additional information about the directors and executive officers of American Bitcoin and Gryphon and other persons who may be deemed to be participants in the solicitation of stockholders of Gryphon in connection with the proposed transaction and a description of their direct and indirect interests will be included in the Proxy Statement/Prospectus related to the proposed transaction or other relevant materials, which will be filed with the SEC. These documents may be obtained free of charge, when they become available, at the SEC’s website at www.sec.gov and from Gryphon using the sources indicated above.

    No Offer or Solicitation

    This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or sell any securities or the solicitation of any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or in a transaction exempt from the registration requirements of the Securities Act.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    The MIL Network

  • MIL-OSI: Turtle Club raises $6.2M to advance onchain liquidity distribution protocol

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, May 12, 2025 (GLOBE NEWSWIRE) — Turtle Club today announced the close of a $6.2 million seed funding round to advance its on-chain liquidity distribution protocol. The funding supports the project’s mission to improve how liquidity is coordinated and deployed across decentralized finance (DeFi) ecosystems.

    The round was led by THEIA, with participation from Susquehanna (SIG), Laser Digital, Consensys, Selini, RE7 Capital, L2IV, Archimed Capital, Trident Digital, Bodhi Ventures, Shorewoods, Triton Liquid, AUROS Global, Chorus One, Frachtis, Moonhill Capital, Tulipa Capital, and others. Notable angel investors include Ethereum co-founder Joseph Lubin, Wintermute co-founder Yoann Turpin, and Ryan Fang of Ankr.

    Turtle Club enables on-chain liquidity distribution by allowing liquidity providers (LPs) to earn rewards across multiple protocols. The protocol also helps projects and distribution partners align incentives, create visibility into liquidity costs across chains, establish risk-adjusted benchmarks for protocol categories, and design more sustainable incentive models. Capital providers benefit from transparent metrics that guide strategic deployment.

    Since its launch in March 2024, Turtle Club reports:

    • 315,000+ registered wallets
    • $2.3 Billion+ in total value bootstrapped
    • 51 integrated protocols
    • $550 million deployed in 45 days via its first chain bootstrapping campaign

    “As liquidity becomes more fragmented across chains and protocols, the need for structured, transparent distribution has never been greater,” said Essi Lagevardi, CEO of Turtle Club. “This round allows us to continue building mechanisms that reward capital providers fairly, help protocols design sustainable incentive programs, and support a more efficient, transparent DeFi liquidity environment. At the end of the day, our mission is simple: deliver the best-quality dealflow and the best possible service to LPs. When you consistently do both, everything else follows.”

    Turtle Club will use the proceeds to expand its engineering team, support new protocol integrations, and grow its distribution network.

    About Turtle Club

    Turtle Club is a protocol for on-chain liquidity distribution, designed to connect LPs, protocols, and partners through sustainable and transparent incentive models. Operated by Phantom Protocol AG and launched in March 2024, Turtle Club has become one of the fastest-growing liquidity coordination layers in Web3.

    Contact:
    Pedro Verdades
    Head of Marketing at Turtle Club
    press@turtle.club

    Disclaimer: This is a paid post and is provided by Turtle Club. 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/21643c35-7d37-4ae3-bb75-7effa25f7601

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fbd09214-18c6-44fb-904d-097d78294e36

    The MIL Network

  • MIL-OSI: Cake Becomes the First Digital-Only Bank in Southeast Asia to Receive the Highest-Level ISO Certification for Facial Biometrics

    Source: GlobeNewswire (MIL-OSI)

    HO CHI MINH CITY, Vietnam, May 12, 2025 (GLOBE NEWSWIRE) — Cake Digital Bank has become the first digital-only bank in Southeast Asia to achieve ISO/IEC 30107-3 Level 2 certification from iBeta for its facial biometric solution, Cake Face Authen. This certification represents the highest level of facial spoofing protection recognized by iBeta in this technology category.

    A Digital Bank Owning Its Core Technology

    Cake Face Authen, the bank’s facial biometric and anti-spoofing solution, was fully developed in-house by Cake’s team of Vietnamese engineers. Utilizing Passive Liveness Detection technology, the system verifies a user’s identity without requiring interaction such as blinking, head movements, or facial gestures. Instead, it quickly authenticates a live face using a combination of facial features, ensuring a seamless and secure experience during critical activities such as account opening, transaction approvals, and spending limit upgrades.

    According to iBeta’s evaluation, Cake Face Authen demonstrated advanced fraud detection capabilities by successfully identifying sophisticated 3D spoofing attacks—including those using 3D printers, resin masks, and latex masks. The system achieved a 0% Attack Presentation Classification Error Rate (APCER) and 0% Bona Fide Presentation Classification Error Rate (BPCER), ensuring the highest level of accuracy during the eKYC (electronic Know Your Customer) process.

    iBeta’s official announcement confirms that Cake is one of only five BFSI (Banking, Financial Services, and Insurance) organizations in Vietnam to obtain ISO/IEC 30107-3 Level 2 certification for facial biometrics. Notably, it is the first digital-only bank in Southeast Asia to be recognized for meeting this highest international standard in biometric security.

    Beyond meeting international benchmarks, Cake has optimized its facial recognition technology using a large dataset of Vietnamese users to ensure maximum accuracy and relevance. Its robust protective layers help the bank comply with the State Bank of Vietnam’s security regulations for online banking services, while simultaneously enabling fast, user-friendly transactions.

    Thanks to its flexible integration with various data sources and eKYC models, Cake’s facial recognition solution is widely applied across multiple domains—including customer identification, security access control, attendance tracking, and fraud prevention—for partners with large user ecosystems.

    Multiple Technology Solutions to Protect Customers

    In its commitment to user protection, Cake was an early adopter of the FIDO2 passwordless authentication standard and has also implemented advanced encryption for savings accounts. These innovations offer additional high-level security against account takeovers and the theft of personal savings.

    As part of its “Next GenAI Bank” strategy, Cake leverages artificial intelligence across all operational functions. The bank has developed over 80 AI models supporting customer interaction, credit risk analysis, and operational efficiency. In addition, Cake complies with PCI DSS 4.0 Level 1, the highest global standard for payment card data security.

    Nguyễn Hữu Quang, CEO of Cake Digital Bank, stated:

    “Achieving the highest international ISO standard for facial biometrics with a solution developed entirely in-house by our Vietnamese engineering team is a remarkable milestone for Cake. It reflects not only our technological autonomy but also our ability to meet the world’s most stringent security standards. We are proud to lead the way in digital banking innovation and remain committed to protecting our customers and partners through secure, locally developed solutions. At the same time, we aim to contribute to the broader digital transformation of Vietnam’s financial sector.”

    The MIL Network

  • MIL-OSI: Cybersecurity Veteran Kevin Mandia joins DTEX’s Advisory Board

    Source: GlobeNewswire (MIL-OSI)

    Founder of Mandiant and advisor to global governments and Boards will support the company’s insider-risk mission

    SAN JOSE, Calif. , May 12, 2025 (GLOBE NEWSWIRE) — DTEX Systems, the trusted leader of insider risk management, today announced the appointment of Kevin Mandia to its Advisory Board. A recognized authority on cyber defense, threat intelligence and national security issues, Mandia joins DTEX at a time when insider threats – fueled by geopolitical conflict, technological misuse, the rise of AI, and increased remote digital access – are accelerating in both scale and sophistication. These human elements remain the most unpredictable aspect of insider risk, requiring organizations to focus not just on technology, but on human behavior.

    A former military officer and founder of Mandiant, Mandia has advised U.S. diplomats, testified before Congress, and led incident response for some of the most consequential cyber breaches of the past two decades. His experience, going from founder to public-company CEO and building Mandiant into one of the world’s most respected incident response and threat intelligence firms, coupled with now supporting early-stage innovation as a Co-founder and General Partner at Ballistic Ventures, will help guide DTEX to deter insider threats before they become national security issues or enterprise incidents.

    “Insider risks have become a growing concern for organizations and national security alike,” said Mandia. “We are seeing increasing attention from Boards and leadership teams as adversaries exploit trusted access. DTEX has developed a thoughtful, proactive approach that goes beyond traditional alerts to help organizations detect, understand, and mitigate these threats. I’m proud to support a team committed to helping customers stay ahead of the evolving risk landscape.”

    DTEX’s 2025 Cost of Insider Risks Global Report highlights that 81% of organizations now have or are planning to have an insider risk management program. This aligns with the 2024 Department of Homeland Security (DHS) Homeland Threat Assessment, which underscores a significant increase in cyber espionage activities targeting critical infrastructure sectors, including technology, government and healthcare. Nation-state actors are intensifying efforts by using sophisticated tactics to compromise national security and public safety. As a result, Boards are prioritizing strategies to defend against insider threats for organizational resilience.

    “On behalf of the team at DTEX Systems, we are thrilled to welcome Kevin Mandia to the DTEX Advisory Board,” said Marshall Heilman, CEO of DTEX Systems. “Kevin was an early-career mentor to me, so I know firsthand that his expertise combined with his mission-oriented focus from Mandiant will be invaluable for our mission to protect organizations and governments from insider risks.”

    Mandia joins an esteemed group of cybersecurity and intelligence leaders on the DTEX Advisory Board, including The Honorable Sue Gordon, former Principal Deputy Director of National Intelligence, and Rear Admiral (Ret.) Mike Studeman, former Commander of the Office of Naval Intelligence. DTEX also recently welcomed Michael “Barni” Barnhart, former head of Google Mandiant’s North Korea threat hunting operations, to its Insider Intelligence and Investigations (i³) team.

    Mandia’s appointment highlights the urgent reality that insider risk is more than an operational concern, rather it is an existential threat to national security and enterprise stability. With Mandia’s renowned strategic insight, DTEX is positioned to accelerate the development and deployment of innovative solutions that detect, deter, and defend against insider threats, enabling organizations worldwide to proactively secure their most critical assets.

    To learn more about DTEX Systems, please visit www.dtexsystems.com

    About DTEX Systems
    As the trusted leader of insider risk management, DTEX transforms enterprise security by displacing reactive tools with a proactive solution that stops insider risks from becoming data breaches. DTEX InTERCEPT™ consolidates Data Loss Prevention, User Activity Monitoring, and User Behavior Analytics in one lightweight platform to enable organizations to achieve a trusted and protected workforce. Backed by behavioral science, powered by AI, and used by governments and organizations around the world, DTEX is the trusted authority for protecting data and people at scale with privacy by design.

    To learn more about DTEX Systems, please visit www.dtexsystems.com

    Connect with DTEX: LinkedIn | Twitter | YouTube

    Media Contact
    Mariah Gauthier
    dtex@highwirepr.com 

    The MIL Network

  • MIL-OSI: Liquidia Corporation Provides Update on Litigation Filed by United Therapeutics

    Source: GlobeNewswire (MIL-OSI)

    • New litigation filed against Liquidia in U.S. District Court for the Middle District of North Carolina alleges infringement of UTHR’s ‘782 patent and seeks to enjoin Liquidia from commercializing YUTREPIA
    • ‘782 patent claims same general subject matter as UTHR’s invalidated ‘793 patent
    • Does not impact FDA’s ability to take final action on NDA for YUTREPIA on PDUFA goal date of May 24, 2025

    MORRISVILLE, N.C., May 12, 2025 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA), a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease, today announced that United Therapeutics Corporation (UTHR) filed a complaint on May 9, 2025, in the U.S. District Court for the Middle District of North Carolina (Case No. 1:25-cv-00368) against Liquidia alleging infringement of U.S. Patent No. 11,357,782 (the ‘782 patent). Additionally, the complaint seeks to enjoin Liquidia from commercializing YUTREPIA™ (treprostinil) inhalation powder if approved by the U.S. Food and Drug Administration (FDA) to treat pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).

    Dr. Roger Jeffs, CEO, Liquidia said: “We are not surprised by UTHR’s repeated, last-minute attempts to deny PAH and PH-ILD patients access to an alternative therapy. We have invalidated similar claims covering the treatment of pulmonary hypertension patients with inhaled treprostinil in the past and will continue to defend the rights of patients suffering with these critical illnesses to choose the therapy that works best for them.”

    The ‘782 patent, which issued on June 14, 2022, arises out of the same patent family as U.S. Patent No. 10,716,793 (the ‘793 patent) and claims the same general method of administering inhaled treprostinil to pulmonary hypertension patients. As disclosed in July 2022, the ‘793 patent was held to be invalid in a proceeding before the Patent Trial and Appeal Board (PTAB). The PTAB’s decision was affirmed by the U.S. Court of Appeals for the Federal Circuit in December 2023. The United States Supreme Court rejected UTHR’s petition for a writ of certiorari, thereby upholding PTAB’s decision which found that all claims of the ‘793 patent are unpatentable due to prior art as final and not subject to further appeal.

    UTHR is currently not seeking any injunction against the FDA to prevent final approval of the New Drug Application (NDA) for YUTREPIA. As previously announced, the FDA set a Prescription Drug User Fee Act (PDUFA) goal date of May 24, 2025.

    About Liquidia Corporation
    Liquidia Corporation is a biopharmaceutical company developing innovative therapies for patients with rare cardiopulmonary disease. The company’s current focus spans the development and commercialization of products in pulmonary hypertension and other applications of its proprietary PRINT® Technology. PRINT enabled the creation of Liquidia’s lead candidate, YUTREPIA™ (treprostinil) inhalation powder, an investigational drug for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The company is also developing L606, an investigational sustained-release formulation of treprostinil administered twice-daily with a next-generation nebulizer, and currently markets generic Treprostinil Injection for the treatment of PAH. To learn more about Liquidia, please visit www.liquidia.com.

    Cautionary Statements Regarding Forward-Looking Statements 
    This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including statements regarding our future results of operations and financial position, our strategic and financial initiatives, our business strategy and plans and our objectives for future operations, are forward-looking statements. Such forward-looking statements, including statements regarding clinical trials, clinical studies and other clinical work (including the funding therefor, anticipated patient enrollment, safety data, study data, trial outcomes, timing or associated costs), regulatory applications and related submission contents and timelines, including the potential for final FDA approval of the NDA for YUTREPIA, the timeline or outcome related to patent litigation in the U.S. District Court for the District of Delaware or the U.S. District Court for the Middle District of North Carolina, including rehearings or appeals of decisions in any such proceedings, the issuance of patents by the USPTO and our ability to execute on our strategic or financial initiatives, involve significant risks and uncertainties and actual results could differ materially from those expressed or implied herein.   The invalidity of one patent is not necessarily determinative as to the validity of a second patent, even if the patents arise out of the same patent family or claim similar subject matter. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “would,” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to a number of risks discussed in our filings with the SEC, as well as a number of uncertainties and assumptions. Moreover, we operate in a very competitive and rapidly changing environment and our industry has inherent risks. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that these goals will be achieved, and we undertake no duty to update our goals or to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact Information

    Investors:
    Jason Adair
    Chief Business Officer
    919.328.4350
    jason.adair@liquidia.com

    Media:
    Patrick Wallace
    Director, Corporate Communications
    919.328.4383
    patrick.wallace@liquidia.com

    The MIL Network

  • MIL-OSI: Enwave Announces Expansion of Energy from Waste District Heating Facility in Prince Edward Island, Avoiding Landfill for Nearly 90% of the Black Cart Residential Waste in Province

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Enwave Energy Corporation (Enwave) has announced today the commitment to build a new waste processing facility in Prince Edward Island, beginning this fall. The facility will be in operation by 2028 and will replace the existing end-of-life system. Enwave, in partnership with the Province of Prince Edward Island, has proudly undertaken this expansion to address the growing need to identify sustainable waste solutions in the province.

    The existing district energy plant converts municipal solid waste and biomass — scrap wood from forest harvesting operations — to energy and provides that energy to its customers through the interconnected district energy network. After nearly thirty years of operation, the plant is approaching end-of-life and will be replaced with the new, expanded facility. Since 2017, the Province of Prince Edward Island and Enwave have collaborated on this project with a united goal to reduce waste and Greenhouse Gas (GHG) emissions at a time when sustainable waste solutions are needed more than ever.

    This new, state-of-the-art facility is capable of processing 90% of the province’s total black cart residential waste, significantly reducing landfill waste. The expansion of this critical facility will significantly replace the use of fuel oil for heating while providing further reliability and redundancy to more than 145 connected buildings in Charlottetown, the province’s capital city, including the Queen Elizabeth Hospital, the University of Prince Edward Island, schools and residences. Enwave’s district energy system has a proven track record as a reliable and critical source of energy in the province, having maintained uninterrupted operations to critical customers during recent natural phenomena such as hurricanes Juan, Dorian and Fiona, as well as during the hurricane-strength blizzard, White Juan, in 2004.

    Rendering of Enwave’s new waste processing facility in Prince Edward Island, anticipated to be in operation by 2028 to replace the existing end-of-life system.

    Enwave brings more than thirty years of experience in advanced Waste-to-Energy systems to the project, a proven path to avoiding landfill waste and reducing GHG emissions. Through this expansion, the annual impact of avoiding landfill by using up to 49,000 tonnes of municipal solid waste for heating will amount to GHG savings of up to 908,000 tonnes of CO2e by 2052, equivalent to taking 278,000 cars off the road.

    Leveraging Waste-to-Energy technology provides a real solution and tangible option for communities around the country to reduce the need for additional landfills and help to meet carbon emission reduction targets. With global waste forecasted to increase 70% by 2050, this project is a testament to scalable and sustainable pathways that directly address concerns of rising waste.

    “We are very grateful for the support and confidence of the government of PEI and the people of this province, enabling us to make this long-term commitment as a critical energy partner,” says Carlyle Coutinho, CEO of Enwave Energy Corporation. “The eight-year journey to get to this point has seen many hurdles, however both Enwave and the province have remained committed to making this expansion a reality. This project is an example of how governments and private companies can work together to achieve long-term, sustainable solutions at scale through a shared purpose, creating a better world for today and generations to come.”

    “Waste to Energy technology is a great example of a sustainable, innovative solution to meeting PEI’s energy needs,” says PEI Environment, Energy and Climate Action Minister Gilles Arsenault. “This expansion helps us continue to minimize energy costs for important provincial buildings and reduce greenhouse gas emissions. As an added benefit, using this waste for energy helps us extend the life of our existing landfill.”

    Enwave’s expansion of the waste processing facility and operations will nearly double existing waste processing capacity while directly aligning with Charlottetown’s Vision for a Sustainable Energy Future by transitioning to renewable clean energy and incorporating sustainable innovation and technology.

    “The CIB is proud to be a part of this project given the important role it will play in modernizing the city’s district energy system, ensuring affordable and clean energy supply to more than 145 connected buildings in the Charlottetown core,” says Ehren Cory, CEO, Canada Infrastructure Bank.

    The new waste processing facility expansion is supported financially by the Canadian Infrastructure Bank through an aggregate facility of $600M supporting innovative energy projects across Enwave’s portfolio, including Lakeview Village in Mississauga, Ontario (Wastewater Heat Recovery technology), Etobicoke Civic Centre in Toronto (Geo-exchange technology), and this project in PEI (Waste-to-Energy technology).

    Enwave has worked closely alongside key partners that are critical to the success of the PEI expansion project, including Maple Reindeers Constructors Ltd., Marco Group, Ramboll Group A/S, Coles Associates Ltd., Stantec, Martin GmbH, ANDRITZ TEP, LAB SA and Kone Cranes Canada Inc.

    A ceremony announcing the official groundbreaking of the new waste processing facility will take place in the fall of 2025.

    About Enwave

    Enwave is one of the largest commercial owner and operators of community-based district energy systems in North America. They develop reliable, commercial and sustainable energy solutions at scale, tailored to the unique needs of municipalities, commercial developments, universities, hospitals, data centres and residential communities. Enwave provides thermal energy services to over 100 million square feet of mixed-use space across Canada using a variety of technologies including Deep Lake Water Cooling, thermal storage, geoexchange, biomass and energy-from-waste. Enwave was acquired by Ontario Teachers’ Pension Plan & IFM Investors in 2021. Since its founding over 20 years ago, Enwave has invested over $1 billion in Canadian infrastructure.

    https://www.enwave.com

    For more information, interview requests or high-res images please contact:

    Katie Good, GoodPR
    katie@goodpr.ca
    (416) 540-2195

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/09037f6e-0b81-4106-acf2-051e5ef0ebc3

    The MIL Network

  • MIL-OSI: KANZHUN LIMITED to Report First Quarter 2025 Results on May 22, 2025

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, May 12, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that it will report its unaudited consolidated results for the first quarter ended March 31, 2025, before the U.S. market opens on Thursday, May 22, 2025.

    The Company will host a conference call on Thursday, May 22, 2025 at 8:00PM Beijing Time (8:00AM U.S. Eastern Time) to discuss the results.

    Participants are required to pre-register for the conference call at:
    https://register-conf.media-server.com/register/BIeadb7cf2cfe04e00b061e4ce881794a3

    Upon registration, participants will receive an email containing participant dial-in numbers and unique personal PIN. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.

    A live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.zhipin.com.

    About KANZHUN LIMITED

    KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

    For more information, please visit https://ir.zhipin.com.

    For investor and media inquiries, please contact: 

    KANZHUN LIMITED
    Investor Relations
    Email: ir@kanzhun.com

    In China:

    PIACENTE FINANCIAL COMMUNICATIONS
    Helen Wu
    Tel: +86-10-6508-0677
    Email: kanzhun@tpg-ir.com

    In the United States:

    PIACENTE FINANCIAL COMMUNICATIONS
    Brandi Piacente
    Phone: +1-212-481-2050
    Email: kanzhun@tpg-ir.com

    The MIL Network

  • MIL-OSI: Real Money Online Casinos: 7Bit Casino Chosen as the Best Real Money Casino of 2025

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., May 12, 2025 (GLOBE NEWSWIRE) — Are you looking for the best real money online casino in 2025? Then, you should check out 7Bit Casino. You might have heard of the name before, especially due to its immense popularity in the entertainment industry. With its interactive website and straightforward payment mechanism, 7Bit Casino stands out from other gambling dens and has made a name for itself.

    This review will help you get to know this real money online casino better and provide you with insights into its key features and why it is considered one of the best online casinos in the world. So, let’s get into it without any further ado, shall we?

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    Overview of 7Bit Casino, the Best Real Money Online Casino
    7Bit Casino was founded in 2014 by Dama N.V., a well-known and reputable firm. Shortly after its release, 7Bit rose in popularity due to its intuitive and easy-to-navigate UI and the cutting-edge security measures it implemented to protect its players’ data. Millions of players are still coming to 7Bit every year for the thrill and safe enjoyment it provides.

    The casino’s fast and straightforward transactions are also something that makes it stand out from others in the industry. These seamless payment processes, combined with various loyalty programs and exclusive games, help solidify 7Bit’s reputation as one of the best real money online casino platforms. For further information on the gambling giants, refer to the following sections.

    Key Factors Considered While Choosing 7Bit As The Best Real Money Online Casino

    7Bit Casino was selected as the No.1 real money casino in the world by considering several factors like bonuses, promotions, payment methods, licenses, reputation, user experience, and more. Here is a more detailed breakdown of these factors and why they stand out.

    Bonuses & Promotions
    You will find one of the best bonuses and promotions in the entertainment industry at 7Bit Casino. Some of the tournaments in the casino even offer a reward pool of €100,000. Now, we shall look into these bonuses and tournaments hosted by 7Bit.

    Bonus / Promotion Reward
    Welcome Package deal 325% up to 5.25 BTC + 250 FS
    First Deposit 100 free spins & a bonus of 100% up to 1.5 BTC
    Second Deposit 100 free spins & a bonus of 75% up to 1.25 BTC
    Third Deposit 50% up to 1.5 BTC
    Fourth Deposit 50 free spins & a bonus of 100% up to 1 BTC
    New Game Offer 45 free spins
    Weekend Offer 50% match
    Telegram Offer 50 free spins
    Telegram Friday Offer 111 free spins
    Telegram Sunday Offer 66 free spins
    Wednesday Up to 100 free spins
    Legends League $8,000 (Prize Pool)
    Platipus Rush €2000 (Prize Pool)
    Lucky Spin $1500 + 1500 free spins
    VIP Program Varying Rewards


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    With its extravagant bonuses and tournaments with amazing reward pools, 7Bit successfully caters to the needs of different types of gamblers, no matter whether they are looking for a little fun or to win a jackpot.

    License & Security Measures
    7Bit Casino is licensed by the Curacao iGaming Agency, a widely known government license provider. The issued license number is OGL/2023/174/0082, which you can check to verify the platform’s authenticity. The casino also implements state-of-the-art security measures like SSL encryption, 2-factor authentication, and advanced fraud-detection tools to protect users and their data from unauthorized access. Here is a breakdown of these security programs.

    • SSL Encryption: 7Bit Casino employs an SSL encryption method that enables players to have a secure connection with the gaming platform.
    • Data Protection: 7Bit implements advanced security programs to safeguard player data, preventing all unauthorized access.
    • Emergency Protocols: There are predefined measures and other emergency measures in 7Bit Casino, which will be executed in cases of unpredictable or unprecedented emergencies.
    • Secure Login: 7Bit employs several password policies and other aspects, like 2-factor authentication, to prevent situations that compromise the security and integrity of their platform.
    • Anti-Fraud Mechanism: 7Bit casino employs state-of-the-art security systems and other algorithmic features to monitor player behavior and prevent any fraudulent activities within their platform.

    Reputation
    7Bit Casino has a positive reputation in the best real money online casino industry, especially due to its straightforward system and its commitment to fair play and responsible gaming. Another important and well-known aspect of the 7Bit Casino is its support of several cryptocurrencies, making it an ideal choice for many crypto enthusiasts as well.

    7Bit Game Selection
    In the 7Bit Casino, there are over 7000 games, of which a majority are from leading software developers like BGaming, Microgaming, and more. The major gaming categories offered by 7Bit include:

    • Slot games
    • Live dealer games
    • Table games
    • Hot RTP games
    • High-risk games
    • 7Bit Exclusive games
    • Scratch cards
    • Jackpots

    Each game in these categories has high-quality graphics and sound effects, providing the players with a seamless experience, no matter where they are accessing it. Furthermore, the wide catalog of games also helps cater to the needs of all types of gamblers worldwide.

    Banking Details of 7Bit Real Money Online Casino

    7Bit Casino offers players a seamless and straightforward payment mechanism, unlike other establishments, which makes you go through several hoops before allowing you to withdraw your money. The casino supports over 14 payment methods, including crypto and fiat ones. They are:

    Crypto Payments Fiat Payments
    Bitcoin VISA
    Ethereum MasterCard
    USDT Online Banking
    Ripple Neosurf
    Binance Coin  
    Cardano  
    Tron  
    Litecoin  
    Bitcoin Cash  
    Dogecoin  

    It might take some time for the establishment to process your transaction in the fiat payment method. Normally, this takes around 2-3 business days. As for crypto payments, it only takes about a couple of minutes. All that being said, mind that the casino puts a limit on how much you can transfer at a time. This limit varies with each payment method. Thus, be sure to examine it first.

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    Customer Support

    7Bit Casino provides 24/7 customer service to its users. Not only that, the services are also provided within minutes after the query is raised. In fact, the maximum time taken for them to get in touch with the players is estimated to be an average of 7–8 minutes.

    For VIP customers, this response time is significantly lower. This high level of support is one of the reasons 7Bit is often considered among the best real money online casino options. The team also provides refined and clear answers to each question and addresses the root causes in case of problems, ensuring transparency to its players.

    Mobile Experience & UI
    A lot of people have praised 7Bit’s for its easy-to-navigate and intuitive interface that allows players to find and explore different platform features easily. The main reason for this is that the online casino was built with the intention of providing an immense experience on both desktop and mobile devices, to ensure seamless gameplay regardless of the platform.

    To top it off, the visually appealing nature of the platform further enhances the overall user experience. Additionally, the platform’s UI helps players deposit and withdraw funds easily, making it one of the top choices for players worldwide.

    Pros & Cons: 7Bit Casino
    7Bit Casino is widely regarded as one of the most trustworthy and reputable gambling havens in the industry. Often mentioned among contenders for the best real money online casino, it stands out for its commitment to fairness and user experience. However, the truth is that it is just like any other casino out there, meaning it also has its own set of advantages and disadvantages. Here, we will be looking into these, so you know exactly what you will get with 7Bit Casino.

    Pros:

    • Lucrative VIP programs
    • High-speed transactions
    • High-security mechanism
    • Tournaments with huge reward pools
    • 100 Free Spins on the first deposit in addition to a 100% bonus of the deposit amount
    • 7000+ online casino games
    • Weekly 500 Free Spins from various promotional events
    • Cashbacks range from 5% to 20% every week.

    Cons:

    • Restricted in some of the major countries due to legal restrictions.
    • Some major games like Craps are not featured in 7Bit Casino.
    • Spending too much time in 7Bit could lead to addiction.
    • Some bonuses have high wagering requirements.

    How To Begin Your Gambling Career In 7Bit Casino: A Step-by-Step Guide
    Wondering how to start gambling in 7Bit Casino? We got you covered. Refer to the following steps, and you will be all set to build your gambling career with the best real money online casino in the world.

    Step 1: The Official Website
    Visit the 7Bit Casino’s official website here. You can access it from any platform, meaning it is available on both desktop and mobile. So visit the site and commence creating your account. Also, make sure you’re visiting the correct site by checking its license details in the footer section.

    Step 2: Creating a 7Bit Account
    Click the ‘Sign Up’ button on the platform’s homepage and submit the following details.

    • A valid email address
    • Password (Make sure it is strong)
    • Preferred payment method

    Now go through the ‘Terms & Conditions, agree to them, and submit the details by clicking the ‘Sign Up’ button on the pop-up page.

    Step 3: Making the First Deposit
    Now that you have created your account, it’s time to start gambling. For this, you need money. So, go to the “Deposit” section and choose your preferred currency. Next, click on the “Continue” button and enter the necessary details. For instance, if you have chosen MasterCard or VISA, enter the card number and other details, and in the case of other payment methods like AstroPay or eZeeWallet, enter your wallet address and other necessary information.

    After this, complete the KYC verification and initiate payment. In case of successful payment, the amount will be automatically deposited into your account in a matter of minutes. As for cryptocurrency deposits, you need to choose the preferred currency and send it to a wallet address provided on the deposit page. Just keep in mind the transaction fee in both cases.

    Step 4: Start Gambling
    After the fund gets credited to your account, hit up any game, place your bet, and start gambling. If you want a specific type of game, you can always choose from their ‘Collections’.

    Responsible Gambling Measures & 7Bit Casino

    7Bit Casino is licensed by the Curacao iGaming Agency, and to maintain this license, the casino must implement several responsibilities and features to ensure the safety and well-being of its players. These regulatory standards are part of what helps position 7Bit as a contender for the best real money online casino. Here, we will look into these aspects so you can use them if the need arises.

    • Deposit Limits: It is important to set a budget when it comes to gambling. If you don’t, you might end up overspending and exhausting your money supply chasing after losses and revenge gambling. To prevent this, 7Bit enables its players to set a limit on the deposit amount. After you hit this limit, you won’t be able to deposit more money into your account for a specific time frame.
    • Session Time Remainders: You can easily lose track of time when playing games, especially ones that give you thrills. In such a case, the session time remainder tool helps players by keeping track of their logging time and urging them to take breaks in case of prolonged gambling.
    • Cool-Off Periods: Cool-off periods are used when one wants to take a short break from gambling. They help in preventing people from getting addicted to gambling and making impulsive decisions that could result in the loss of money.
    • Self-Exclusion Programs: Self-exclusion programs are used when a player succumbs to gambling addiction. The program enables them to take long breaks from the platform, generally ranging from 6 months to 5 years. During this time, their account will remain deactivated.
    • Reality Checks: The tool is much like session time remainders, and is mainly used by players to track the time and money spent on the gambling platform. It prompts the players to reflect on this data and take adequate action if required.

    Top Games Of 7Bit Casino
    There are over 7000+ games in 7Bit Casino, spanning over 6 categories, and that too from top providers in the market like BGaming and MicroGaming. In this session, we will introduce you to these categories and the fan favorites in each category.

    Slot Games
    Slot games, or slot machines, are games of luck where players spin a wheel to try to win a jackpot. The outcome of this game is entirely dependent on the Random Number Generator, making it a top choice among players who want to test their luck. The top slot games in 7Bit Casino include:

    • Mega Moolah
    • Lightning Roulette
    • Divine Fortune
    • Immortal Resonance
    • Dead or Alive II

    Table Games
    Table Games are casino games that are normally played on a tabletop under certain house rules. The top table games provided by 7Bit include:

    • Poker
    • Roulette
    • Blackjack

    Live Dealer Games
    Live dealer games are online casino games that replicate the atmosphere of a real casino by using a video streamer, instead of a Random Number Generator. In these games, a dealer deals the cards, while the players try to outsmart him and win the pot. The top live dealer games featured in 7Bit Casino include:

    • Live Blackjack
    • Live Roulette
    • Live Baccarat

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    Hot RTP Games
    Hot RTP games are casino games that have an excellent win-to-lose ratio. The top high RTP games featured in 7Bit Casino include:

    • XXXTREME Lightning Roulette
    • Lady Wolf Moon Megaways
    • Throne of Camelot
    • Wild Spin Deluxe
    • Lightning Storm

    7Bit Exclusive Games
    7Bit Exclusive games are those games that are only available at 7Bit Casino. They are either developed by the casino itself or in collaboration with other providers. The top exclusive games in 7Bit include:

    • Wolf of 7Bit Street
    • 7Bit Wilds of Fortune
    • 7Bit & Hot Fruits
    • 7Bit Mega Sevens
    • 7Bit Bonanza

    High-Risk Games
    High-risk games are games with low winning probabilities but amazing victory rewards. The top high-risk games featured in 7Bit Casino include:

    • Dr Rock & The Riff Reactor
    • Jokrz Wild Ultranudge Gigablox
    • Pearls of Aphrodite
    • Prince of Persia: The Gems of Persepolis
    • Book of Amaterasu

    Final Remarks: Why Is 7Bit The Best Real Money Online Casino?

    7Bit was chosen as the best real money casino in the world when taking into account several aspects like bonuses, promotions, payment systems, security measures, and more. 7Bit’s diverse and straightforward payment mechanism makes it an all-time favorite among players.

    Apart from all this, the casino’s diverse catalog of games also helps cater to the needs of almost all types of gamblers in the industry. So, you should check it out, and who knows, maybe it’s the one you’re looking for. Just keep in mind not to overindulge when gambling.

    FAQs
    1. Are online casinos considered legal in the USA?
    Yes, online casinos and other gambling-related activities are banned in the USA. However, there are no regulations in place for remotely-licensed online casinos, like the ones that hold a Curacao iGaming license, like 7Bit. You can easily gamble in them without any fear of repercussions.

    2. What is the best offer in 7Bit Casino?
    Ans: The “best” offer in 7Bit Casino varies with individual preferences and how you intend to play on the platform. However, they offer major bonuses like a 100% welcome bonus, weekly cashback, telegram offers worth over 126 free spins, and a VIP program.

    3. How to claim your deposit bonus from 7Bit Casino?
    Ans: Log in to your account, browse to the “promotions” page, click the “Get Bonus” button, make a deposit, and enter the promo code. After completing this, the bonus will be automatically credited to your account.

    4. What are the top banking options available at 7Bit Casino?
    Ans: 7Bit offers several banking options, but the top ones include credit cards, Paysafecards, e-wallets, crypto wallets, and online banking.

    5. How long does it take to withdraw your money from 7Bit Casino?
    Ans: In 7Bit Casino, you can instantly withdraw crypto, while fiat transactions take up to 1-3 business days.

    Email: support@7bitcasino.com

    Disclaimer and Affiliate Disclosure

    Legal Disclaimer: Participation in online gambling must comply with local laws. 7Bit Casino encourages responsible play—only gamble with funds you can afford to lose.

    General Disclaimer

    This article is for informational and entertainment purposes only, not legal or financial advice. Content is based on research and user reviews as of writing. No warranties are made, and users must verify information before acting.

    Casino and Gambling Disclaimer

    Online gambling carries risks and isn’t for everyone. Confirm you’re of legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We don’t promote gambling; participation is at your risk. 7Bit Casino is a third-party platform, and we’re not liable for losses or disputes.

    Affiliate Disclosure

    This article may include affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content. Our reviews are unbiased, and we recommend only valuable products.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/57f74aef-fa80-41ac-8401-752616e8e2f0

    The MIL Network

  • MIL-OSI: MEXC Launches DEX+ Super Fest with Multiple Rewards and Fee Rebates

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 12, 2025 (GLOBE NEWSWIRE) — MEXC, the world’s leading cryptocurrency trading platform, is thrilled to announce the launch of its highly anticipated DEX+ Super Fest. The event kicks off on May 10, 2025, at 05:00 (UTC) and runs through June 10, 2025, at 05:00 (UTC). This global celebration brings users a unique trading experience packed with exciting benefits, generous incentives, and the chance to earn up to 550 USDT in rewards.

    MEXC DEX+ seamlessly integrates the security and convenience of centralized trading with the asset diversity and early price discovery advantages of decentralized platforms. Designed to make on-chain trading simpler and safer, DEX+ empowers users to engage confidently in the Web3 space.

    To support the growth of the DEX+ ecosystem and reward its global user base, MEXC is launching this event with a three-tiered reward structure, encouraging users to explore decentralized trading while benefiting from early market participation.

    Three Reward Tiers—Earn Up to 550 USDT

    1. Exclusive New User Reward

    During the event, new users who register on MEXC for the first time and complete at least 100 USDT in total trading volume on DEX+ will receive 20 USDT worth of SOL tokens, helping them kickstart their journey into trading on DEXs.

    2. Trading Streak Rewards

    Existing users can unlock rewards based on their trading activity:

    • Trade a minimum of 50 USDT over three consecutive days to earn 10 USDT in bonus rewards.
    • Reach a total of 200 USDT in trading volume over seven consecutive days to receive an additional 20 USDT, for a total reward of up to 30 USDT per person.

    3. Referral Rewards

    Invite friends through your unique referral link and earn 20 USDT per valid referral. Each participant can earn up to 500 USDT in referral rewards. Additionally, all referrers will enjoy a 40% trading fee rebate based on their referees’ DEX+ trading activity.

    The DEX+ Super Fest is a rare opportunity for crypto users worldwide to explore decentralized exchanges, enjoy innovative features, and unlock meaningful rewards. Whether you’re just beginning your crypto journey or already an experienced trader, this campaign delivers real value.

    Don’t miss your chance to trade smarter, earn more, and explore the future of DeFi. Visit the DEX+ Super Fest page on MEXC and join today.

    About MEXC

    Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto”. Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 40 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.

    For more information, please visit: MEXC Official WebsiteXTelegramHow to Sign Up on MEXC
    For media inquiries, please contact MEXC PR Manager Lucia Hu at lucia.hu@mexc.com

    Source

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/02e69a99-234c-4ea2-aa76-5eeb23f86acc

    The MIL Network

  • MIL-OSI: 21Shares Spotlights Solana’s Breakout Year in New “State of Crypto” Report

    Source: GlobeNewswire (MIL-OSI)

    New report explores Solana’s rise as the infrastructure layer of next-gen finance

    Zurich, 12 May 2025 – 21Shares, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the release of the 14th edition of its flagship research series, State of Crypto, featuring an in-depth spotlight on Solana.

    With ultra-high speed, near-zero fees, and a rapidly expanding ecosystem, Solana has emerged as a leading blockchain powering everything from cross-border payments to AI and decentralised physical infrastructure. The new report explores Solana’s evolution into a real-world financial layer, and why it is fast becoming the blockchain of choice for both developers and institutions.

    “Solana is redefining what’s possible with blockchain technology,” said Adrian Fritz, Head of Research at 21Shares. “It combines performance, usability, and scale in a way few networks can match. In this report, we unpack the numbers, the tech, and the trends behind Solana’s rise, and what that means for investors.”

    The report includes:

    • A detailed comparison between Solana and leading competitors such as Ethereum, Sui, and TON.
    • In-depth sector analyses of Solana’s growing ecosystem, including DePIN, AI agents, DeFi innovation, and the memecoin phenomenon.
    • A comprehensive valuation framework to evaluate whether Solana is currently undervalued relative to its peers.
    • Insights into Solana’s role within a diversified crypto portfolio and how it can enhance broader asset allocation strategies.

    Solana now processes over 3,000 transactions per second with transaction fees consistently below $0.01. During peak activity in January, it surpassed $364 billion in on-chain volume, matching the throughput of Nasdaq over the same period. With major integrations from Visa, Shopify, and PayPal, along with emerging innovations like Solana Blinks and the Saga smartphone, Solana is rapidly positioning itself as the foundational infrastructure layer for the next generation of the internet.

    21Shares offers the 21Shares Solana Core Staking ETP (ticker: CSOL), an exchange-traded product that allows investors to gain exposure to Solana without directly holding the asset. CSOL has a management fee of 0.35%, is 100% physically backed, and also benefits from staking rewards, which are seamlessly generated by adding the yield to the investor’s coin entitlement. 

    For more details about the 21Shares Solana Core Staking ETP, including the factsheet, please click here

    The report is available for download here.

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialised research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralised finance. For more information, please visit www.21Shares.com

    Contact: matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    Attachment

    The MIL Network

  • MIL-OSI: MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 12, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.

    Key Takeaways:

    • MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors.
    • Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%.
    • Tokens with high spot trading volume saw daily returns averaging 403.49%.
    • By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges .
    • Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user.

    According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile listing strategy and commitment to supporting new niches and communities.

    Top New Listings Deliver 832% Average Peak Returns

    MEXC’s strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.

    Strong Daily Performance Tied to Trading Volume

    April’s top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:

    • WCT (+849.40%)
    • BANK (+937.10%)
    • BABY (+738.00%)

    The early token growth metrics highlight that activity on the platform is an important signal for early traders.

    MEXC Empowers Traders with Early Price Discovery Capabilities

    Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:

    • HOUSE: +11,580%
    • PUMP: +281.54%

    The report findings reinforced MEXC’s reputation as a platform where market momentum is often detected first.

    Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz

    MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.

    Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.

    About MEXC

    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC
    For media inquiries, please contact MEXC PR Manager Lucia Hu: lucia.hu@mexc.com

    Source

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/afe828f5-67e6-4019-9b94-0ad0634dcb6f

    The MIL Network

  • MIL-OSI: Astra Fintech Announces Establishment of Korea HQ, Strengthening Commitment to Solana Ecosystem and Regional Expansion

    Source: GlobeNewswire (MIL-OSI)

    Key Takeaways

    • Astra Fintech’s establishment of its Korea HQ reinforces its commitment to the region, following active participation in local blockchain events like Seoulana
    • The company plans to deepen its involvement in the Solana ecosystem, leveraging its speed and scalability to advance DeFi, payments, and Web3 solutions tailored to the Korean market.
    • Astra Fintech aims to invest in local partnerships, talent, and regulatory engagement, positioning itself as a key innovator in Korea’s fintech and blockchain landscape.

    SEOUL, South Korea, May 12, 2025 (GLOBE NEWSWIRE) — Astra Fintech, a leading Canadian Finfra firm, has officially announced the launch of its Korea Headquarters — an essential milestone in the company’s strategic expansion throughout Asia. This move reinforces Astra Fintech’s long-term commitment to the Korean market, which has already established a strong presence by actively engaging in local blockchain ecosystems. Notably, the company served as a key partner of Solana Korea earlier this quarter and picked up a handful of prominent projects, including Mulex Protocol, Depe, etc.

    A Strong Foundation in Korea
    Ahead of its Korea HQ launch, Astra Fintech actively demonstrated its dedication to the Korean blockchain community through high-impact engagements. As a prominent sponsor of Seoulana, a premier Solana-focused hackathon, the company reinforced its commitment to supporting the growth of the Solana ecosystem. At the event, Astra Fintech engaged with developers, investors, and blockchain enthusiasts, sharing its vision for PayFi—a next-generation financial solution built on high-performance blockchain infrastructure. The hackathon provided a strategic platform for the company to align its innovative roadmap with Solana’s mission to transform decentralized finance.

    Accelerating Growth on Solana
    With the new Korea HQ, Astra Fintech is poised to deepen its involvement in the Solana ecosystem, leveraging its speed, scalability, and low transaction costs to deliver cutting-edge financial solutions. The company plans to explore DeFi, payments, and Web3 application opportunities, collaborating with local partners to drive adoption and integration.

    “Korea is a critical hub for blockchain innovation, and our HQ launch reflects our commitment to this vibrant market,” said Jamie, Head of Partnership in Astra, “By aligning with Solana’s ecosystem and engaging with Korea’s world-class talent, we aim to pioneer next-generation fintech solutions that bridge traditional and decentralized finance.”

    Strategic Vision for Korea and Beyond
    Establishing the Korea HQ signals Astra Fintech’s ambition to expand its regional influence, with plans to invest in local talent, form strategic partnerships, and participate in Korea’s dynamic blockchain regulatory landscape. The company’s long-term roadmap includes:

    • Enhancing Solana-based infrastructure for Korean and global users.
    • Launching localized fintech products tailored to Korea’s tech-savvy population.
    • Strengthening community engagement through events, hackathons, and educational initiatives.

    As Astra Fintech solidifies its presence in Korea, the company remains focused on driving innovation at the intersection of finance and blockchain, positioning itself as a key player in Asia’s digital economy.

    About Astra Fintech
    Astra Fintech is a Canada-based blockchain finance leader revolutionizing FinFra by bridging traditional and decentralized payments. As a strategic Solana ecosystem partner backed by Multicoin LPs, we deliver secure, borderless PayFi solutions while driving innovation through investments in next-gen financial infrastructure.
    X: https://x.com/AstraFintech

    Contact:
    Connie
    contact@astra.holdings

    Disclaimer: This is a paid post and is provided by Astra Fintech. 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/3c5e19c1-d2e5-4d43-a54f-8eedb3667906

    The MIL Network

  • MIL-OSI: KH Group: Indoor continues profitability improvement measures – the company will start change negotiations

    Source: GlobeNewswire (MIL-OSI)

    KH Group Plc
    Press Release 12 May 2025 at 12:00 noon EEST

    KH Group: Indoor continues profitability improvement measures – the company will start change negotiations

    As a profitability improvement measure, Indoor Group will commence change negotiations in accordance with the Act on Co-operation in Undertakings covering employees in the support functions of Indoor and Insofa. The change negotiations will begin on 19 May 2025 and the scope of the negotiations will cover 84 employees. The number and targeting of possible layoffs and dismissals will be specified during the negotiations.

    The change negotiations seek measures to improve profitability by approximately EUR 2 million. The measures are part of an extensive operating model reform, which aims for an annual operating profit improvement of at least EUR 10 million by the end of 2026.

    ”Our aim is to renew management model, reorganize functions and improve profitability to build a solid foundation for the future of Indoor Group”, says Kati Kivimäki, CEO of Indoor Group.

    ”During the first quarter, Indoor Group made an operating loss of EUR 2,5 million and in this situation these measures to improve profitability are necessary”, adds Ville Nikulainen, CEO of KH Group.

    KH GROUP PLC

    Further information:
    CEO Ville Nikulainen, tel. +358 40 045 9343
    Indoor Group CEO Kati Kivimäki, tel. +358 46 876 1500

    Distribution:
    Major media
    www.khgroup.com

    KH Group Plc is a Nordic conglomerate operating in the business areas of KH-Koneet, Nordic Rescue Group and Indoor Group. We are a leading supplier of construction and earth-moving equipment, rescue vehicle manufacturer as well as furniture and interior decoration retailer. The objective of our strategy is to create an industrial group around the business of KH-Koneet. KH Group’s share is listed on Nasdaq Helsinki.

    The MIL Network

  • MIL-OSI: Aerospike Automates Database 8 Deployment on Amazon EKS

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., May 12, 2025 (GLOBE NEWSWIRE) — Aerospike, Inc. today delivered a new Terraform blueprint that quickly deploys Database 8 on Amazon EKS in under 30 minutes.

    The Aerospike Kubernetes Operator (AKO) automates the deployment and management of Aerospike databases, both in the cloud and on-premises. With the new Terraform blueprint, users don’t need deep Aerospike or AWS expertise to quickly start and scale a full-stack Aerospike Database on EKS with production defaults, tested patterns, infrastructure provisioning, and other critical configuration settings.

    “Amazon EKS is one of the most popular managed Kubernetes services,” said Subbu Iyer, CEO of Aerospike. “We’ve reduced all the friction to make it easier than ever to start and scale a production-ready Aerospike Database with Kubernetes — in the cloud and on-prem.”

    The new Terraform blueprint delivers a complete Aerospike deployment by provisioning the EKS cluster, configuring the underlying infrastructure like the VPC, and deploying both the AKO and Aerospike server with recommended defaults. It’s built on AWS’s Data on EKS (DoEKS), an open source project that accelerates building, deploying, and scaling data workloads on Amazon EKS.

    Get started with the Terraform blueprint on GitHub.

    Aerospike Multi-model Database

    Aerospike makes it easy to launch in the cloud and choose the right data model for the job—whether document, graph, key-value, or vector search—all within a single, massively scalable real-time database. Developers can build high-performance applications on top of these models using 80% less infrastructure than legacy or point solutions. A three-time winner of the Data Breakthrough Awards, Aerospike simplifies deployment, cluster management, and monitoring of streamlined operations, freeing developers to focus on innovations rather than operational complexity.

    About Aerospike

    Aerospike is the real-time database built for infinite scale, speed, and savings. Our customers are ready for what’s next with the lowest latency and the highest throughput data platform. Cloud and AI-forward, we empower leading organizations like Adobe, Airtel, Criteo, DBS Bank, Experian, PayPal, Snap, and Sony Interactive Entertainment. Headquartered in Mountain View, California, our offices are also located in London, Bangalore, and Tel Aviv.

    Aerospike is a registered trademark of Aerospike, Inc.

    Contact:
    Chris Poisson
    Look Left Marketing
    aerospike@lookleftmarketing.com

    The MIL Network

  • MIL-OSI: BNP Paribas Primary New Issues: STAB Notice – No STAB – ACCORINVEST GROUP SA 3 x Tranches

    Source: GlobeNewswire (MIL-OSI)

    [12/05/02025]

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    [ACCORINVEST GROUP SA]

    Post-stabilisation Period Announcement

    NO STABILISATION CARRIED OUT

    [Further to the pre-stabilisation period announcement dated [8/5/2025]] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Securities

    Issuer: Accorinvest Group SA
    Guarantor(s) (if any): N/A
    Aggregate nominal amount: EUR 400,000,000
    EUR 300,000,000
    EUR 550,000,000
    Description: 5.375% May 2030
    5.625% May 2032
    E+375 May 2032
    Offer price: 100
    100
    100

    Stabilisation Manager(s)

    Name(s): BNP Paribas, Credit Agricole, Natixis, Commerzbank, MUFG, Bank of America, CIC, ICBC, Natwest, Goodbody

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network