NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: Best Online Casinos NJ (New Jersey): 7Bit Casino, Ranked as a Premier Choice Among NJ Players

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., May 07, 2025 (GLOBE NEWSWIRE) — After testing various online casinos in NJ and looking into their bonuses and rewards, we finally found 7Bit Casino, which is one of the best online casinos in NJ. We are surprised by its welcome bonus and fastest payout feature. With over 10,000 games, including slots, table games, and live dealer options, 7Bit Casino caters to all players. Its robust security, 24/7 support, and mobile-friendly platform ensure a seamless experience, making it a top pick for New Jersey online casinos.

    ✅FEELING LUCKY? TEST YOUR SKILLS AND LUCK AT 7BIT CASINO!

    Why 7Bit Casino Is One of the Best Online Casinos in NJ?

    7Bit Casino has earned its place among the best New Jersey online casinos through its exceptional features and player-focused approach. Since its launch in 2014, it has built a reputation for reliability, operating under a Curacao eGaming license.

    Here’s why it stands out as a top online casino in NJ:

    Extensive Game Library:

    Boasting over 10,000 games from providers like NetEnt, Microgaming, and Evolution Gaming, 7Bit Casino offers unmatched variety. From slots to live dealer games, every player finds their niche, making it a leader among NJ online casinos.

    Lucrative Bonuses:

    The welcome package offers a 325% match up to 5.25 BTC plus 250 free spins, alongside weekly reloads and cashback. These promotions enhance gameplay, positioning 7Bit Casino as the best NJ online casino.

    Swift Payouts:

    Cryptocurrency withdrawals are processed in under an hour, and fiat withdrawals within 24 hours, outpacing many NJ online casinos. This efficiency ensures players access their winnings quickly.

    Robust Security:

    With 128-bit SSL encryption, two-factor authentication (2FA), and certified RNG technology, 7Bit Casino guarantees a safe and fair gaming environment, a hallmark of top New Jersey online casinos.

    Promotions & Bonuses at 7Bit Casino

    7Bit Casino’s promotions are designed to maximize player value. Here’s what’s available for NJ Players:

    Welcome Bonus:

    New players receive a 325% match bonus up to 5.25 BTC plus 250 free spins across four deposits:

    • First Deposit: 100% match up to 1.5 BTC + 100 free spins.
    • Second Deposit: 75% match up to 1.25 BTC + 100 free spins.
    • Third Deposit: 50% match up to 1.5 BTC.
    • Fourth Deposit: 100% match up to 1 BTC + 50 free spins.

    A 40x wagering requirement applies, making this one of the most generous offers among NJ online casinos.

    ✅SIGN UP, DEPOSIT, AND UNLOCK 325% MATCH BONUS + FREE SPINS!

    Weekly Reload Bonuses:

    • Monday Reload: 25% up to 5.5 mBTC.
    • Wednesday Free Spins: Deposit €20+ for up to 100 free spins.

    Cashback:

    Players receive up to 20% cashback on losses, credited weekly based on VIP level, softening losses and encouraging play.

    Other Promotions:

    • New Game Offer: 45 Free Spins
    • Telegram Offer: 50 Free Spins
    • Telegram Friday Offer: 111 Free Spins
    • Telegram Sunday Offer: 66 Free Spins

    Tournaments:

    • Titans` Arena: Prize pool of $8000
    • Platipus Rush: Prize pool of €2000
    • 10 Years of Platipus: Total prize pool of €100 000
    • Lucky Spin: $1500 + 1500 Free Spins

    Seasonal Promotions:

    Holiday specials, no-deposit bonuses, and VIP exclusives keep the promotions fresh, ensuring ongoing value for players.

    Game Categories

    7Bit Casino’s game library is a treasure trove for players, offering something for everyone. Here’s a detailed look:

    Online Slots

    Slots dominate with thousands of titles, from classic three-reel games to feature-rich video slots. Favorites like Starburst dazzle with vibrant graphics, while Book of Dead offers Egyptian-themed adventures with free spins. High-volatility slots like Gonzo’s Quest introduce innovative mechanics like the Avalanche feature. Progressive jackpots such as Mega Moolah promise life-changing wins, making 7Bit Casino a go-to for slot enthusiasts among NJ online casinos.

    Table Games

    Classic casino fans enjoy a robust selection of table games, including blackjack, roulette, baccarat, and craps. Variants like European Blackjack, American Roulette, and Punto Banco Baccarat cater to different strategies. High-quality graphics and smooth gameplay replicate a land-based casino, ensuring 7Bit Casino ranks high among New Jersey online casinos for table game lovers.

    Video Poker

    Video poker blends slots and poker, offering strategic gameplay in titles like Jacks or Better, Deuces Wild, and Joker Poker. With multiple pay lines and bonus features, these games appeal to skill-based players. The variety ensures video poker fans find ample options at this top NJ online casino.

    ✅JUMP INTO NONSTOP ACTION—PLAY TOP GAMES AT 7BIT TODAY!

    Jackpot Games

    For big-win seekers, 7Bit Casino’s jackpot games deliver. Progressive titles like Mega Moolah and Hall of Gods feature growing prize pools, while fixed jackpots offer substantial rewards. The thrill of chasing these prizes enhances 7Bit Casino’s appeal among the best NJ online casinos.

    Live Casino Games

    The live casino brings real-time excitement with professional dealers hosting blackjack, roulette, baccarat, and game shows like Crazy Time. High-definition streams and interactive features create a social, immersive experience, perfect for NJ online casino players craving authenticity.

    Loyalty Program And Payment Options

    Loyalty Program

    The 12-level loyalty program rewards every wager with points convertible to bonuses. Higher tiers unlock up to 20% cashback, reduced wagering, and personalized perks, making it a standout feature among New Jersey online casinos.

    Payment Options

    7Bit Casino offers a wide range of secure and flexible payment options to suit every player’s preference. Whether you’re into crypto transactions or traditional fiat methods, 7Bit makes deposits and withdrawals fast and hassle-free.

    Cryptocurrencies:

    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Litecoin (LTC)
    • Dogecoin (DOGE)
    • Bitcoin Cash (BCH)
    • Tether (USDT)
    • Ripple (XRP)

    Fiat Methods:

    • Visa
    • Mastercard
    • Maestro
    • Neosurf
    • Skrill
    • Neteller
    • Paysafe Card
    • Rapid Transfer
    • EcoPayz
    • Zimpler
    • Interac e-Transfer

    Deposits are instant, and withdrawals are swift, with crypto processed in under an hour and fiat within 1-3 days.

    ✅GET IN. PLAY HARD. CASH-OUT FAST. ONLY AT 7BIT!

    Pros And Cons Of 7Bit Casino

    Pros Cons
    Over 10,000 games from top providers Some fiat withdrawals take 1-3 days
    325% welcome bonus up to 5.25 BTC + 250 free spins  
    Fast crypto payouts (under an hour)  
    24/7 multilingual support  
    Mobile-friendly, no app needed  
    Crypto and fiat payment options  
    SSL encryption and 2FA security  
    12-level VIP program with 20% cashback  


    How To Get Started With 7Bit Casino? Key Steps to Follow

    Joining 7Bit Casino is a breeze, whether you’re a first-time player or a seasoned gamer looking for a new platform. This easy-to-follow guide breaks down the steps to create an account, deposit funds, and dive into the action, showcasing why 7Bit is a top pick for both crypto and traditional currency users. Here’s how you can be playing in just a few minutes:

    1. Go to the 7Bit Casino Website
    Open your browser on any device—mobile or desktop—and head to the official 7Bit Casino site. The platform is designed to work smoothly on all devices, but double-check you’re on a legitimate site to stay safe from scams.

    2. Hit the “Sign Up” Button
    Find the “Sign Up” option in the top-right corner of the homepage and click it to begin creating your account.

    3. Enter Your Information
    Provide your email address, set a strong password, and choose your currency (options include USD, EUR, BTC, ETH, and more). Verify your legal age and your acceptance of the terms and conditions.

    4. Verify Your Account
    Check your email for a confirmation message from 7Bit. Click the link in the email to activate your account.

    5. Deposit Funds
    Select a payment option like a credit card, Neosurf, or cryptocurrency, then make your first deposit to claim the welcome bonus.

    6. Jump into the Games
    With your deposit and bonus ready, explore over 10,000 games. Keep playing to earn rewards and climb the VIP ranks for even more perks.

    This simple process makes 7Bit Casino an inviting choice for players eager to enjoy a secure and exciting gaming experience.

    ✅PLAY SMART, AND EARN MORE—LOYAL PLAYERS WIN BIG AT 7BIT CASINO!

    Safety And Trustworthiness At 7Bit Casino

    When it comes to online gaming, safety is a top priority, and 7Bit Casino delivers a secure and reliable experience for its players. Operating under a reputable license from Curacao eGaming, the platform adheres to strict regulations to guarantee fairness and transparency.

    All games use certified Random Number Generators (RNGs), which are regularly tested by independent third-party auditors to ensure unbiased outcomes. To safeguard personal and financial information, 7Bit employs advanced 128-bit SSL encryption, a gold standard in data protection, and offers optional two-factor authentication (2FA) for an extra layer of account security.

    Additionally, the casino promotes responsible gaming by providing practical tools such as deposit limits, session reminders, and self-exclusion options, empowering players to stay in control of their gaming habits. With these robust measures, 7Bit Casino earns its reputation as a trusted and player-focused choice among New Jersey’s online casino community, offering peace of mind alongside an enjoyable gaming environment.

    Responsive Support:

    Available 24/7 via live chat, email, and phone, the multilingual support team resolves issues promptly, enhancing the player experience at this best NJ online casino.

    1. Mobile Accessibility: The fully optimized mobile platform requires no app, allowing seamless gaming on smartphones and tablets, a key feature for modern NJ online casinos.
    2. Versatile Payments: Supporting cryptocurrencies like Bitcoin and fiat methods like Visa, 7Bit Casino offers low-fee, high-limit transactions, catering to diverse player needs.

    These attributes make 7Bit Casino a standout in the competitive landscape of New Jersey online casinos, delivering quality and excitement to players.

    Software Providers

    7Bit Casino partners with industry leaders:

    • NetEnt: Offers Starburst and Gonzo’s Quest.
    • Microgaming: Features Mega Moolah and table games.
    • Evolution Gaming Powers live dealer games like Crazy Time.
    • Play’n GO: Provides Book of Dead.
    • Pragmatic Play: Includes Wolf Gold.

    These providers ensure a high-quality, diverse game library.

    User Interface And Experience

    The vintage Las Vegas-themed website is intuitive, with clear menus and a powerful search function. Filters help sort games by type or provider. A ‘How to Play’ section guides beginners, and demo modes allow risk-free trials. The mobile site mirrors desktop functionality, ensuring seamless play on the go.

    Summing Up 7Bit Casino’s Winning Edge

    7Bit Casino stands out as a premier NJ online casino, offering an impressive array of over 10,000 games, enticing bonuses, and swift payouts that cater to diverse player preferences. Its robust security measures, intuitive interface, and responsive customer support create a seamless and trustworthy gaming environment. With a strong focus on mobile accessibility and player satisfaction, 7Bit Casino delivers a high-quality experience, making it a top choice for New Jersey players seeking variety, innovation, and rewarding gameplay.

    Frequently Asked Questions

    1. What makes 7Bit Casino one of the best NJ online casinos?

    It’s 10,000+ games, generous bonuses, fast payouts, and top security set it apart. The mobile-friendly platform and 24/7 support enhance accessibility. It’s a top choice for New Jersey online casinos.

    2. What games can I play at 7Bit Casino?

    Enjoy slots, table games, video poker, jackpots, and live dealer games from providers like NetEnt and Evolution Gaming. The variety ensures something for every player. This diversity makes 7Bit Casino the best NJ online casino.

    3. How do I claim the welcome bonus at 7Bit Casino?

    Sign up, verify your email, and deposit. The 325% bonus up to 5.25 BTC plus 250 free spins spans four deposits. A 40x wagering requirement applies.

    4. What payment methods are available at 7Bit Casino?

    Use cryptocurrencies (BTC, ETH, LTC) or fiat methods (Visa, Skrill, Neteller). Deposits are instant, and crypto withdrawals are processed in under an hour. This flexibility suits NJ online casino players.

    5. Is 7Bit Casino safe to play at?

    Yes, it’s licensed by Curacao eGaming, uses SSL encryption, and offers 2FA. Third-party audits ensure fair play. It’s a secure choice among NJ online casinos.

    6. How can I get in touch with 7Bit Casino customer service?

    Reach support 24/7 via live chat, email (support@7bitcasino.com), or phone. The multilingual team is responsive, ensuring a smooth experience. This reliability makes 7Bit Casino the best New Jersey online casino.

    Contact Information

    Contact 7Bit Casino’s 24/7 support via live chat, email (support@7bitcasino.com), or phone.

    Email: support@7bitcasino.com

    Disclaimer and Affiliate Disclosure

    Disclaimer: 7Bit Casino promotes responsible gambling. Verify local laws before playing, as it may not be licensed for New Jersey. Gamble only with funds you can afford to lose.

    Gambling online comes with financial risks. Make sure you meet the legal age requirement (19+) in your region and follow local laws. Always engage in responsible gambling and check 7Bit’s official site for the latest terms, as promotions and payment methods may be updated.

    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/2cf9608b-01d0-40c9-a2c3-85704b318828

    The MIL Network –

  • MIL-OSI: American Rebel Light Beer Strategic Expansion Continues Full Throttle and Expands into Indiana with Premier Beverage Distributor Zink Distributing

    Source: GlobeNewswire (MIL-OSI)

    New Indiana Distribution Deal Supercharges Midwest Reach – Strengthening Footprint in Key Border States and Reinforcing Growth Trajectory for 2025

    Nashville, TN, May 07, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Light Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is expanding into Indiana through its newest distribution agreement with Zink Distributing (zinkdistributing.com), a premier beverage distributor serving 14 central Indiana counties in their entirety and the northern parts of two additional counties, including Indianapolis. This collaboration is yet another step in expanding American Rebel’s rapidly growing distribution network and its mission to fuel hard-working, freedom-loving Hoosiers with great American-made beer.

    “We believe in America – we believe in faith, family, and freedom. That’s what American Rebel Light stands for,” said Todd Porter, President of American Rebel Beverage. “Bringing our beer to Indiana with Zink Distributing means more Americans can raise a glass to our shared values. With their expertise, infrastructure and extensive network, we’re confident that American Rebel Light will thrive in Indiana as we continue expanding across this great nation.”

    Jim Zink, Jr., President of Zink Distributing Company, echoed that enthusiasm, stating: “Zink Distributing is proud of its portfolio of great-tasting, high-quality products, and we are thrilled to partner with American Rebel Beverage. We look forward to introducing Hoosiers to American Rebel Light, a perfect addition to our offerings in Indiana.”

    Zink Distributing has built a reputation for excellence, representing some of the most well-respected beverage brands in the industry. Their dedication to quality, strong retail partnerships, and deep understanding of the market makes them the ideal distributor to bring America’s Patriotic Beer to the heartland. Zink Distributing’s state-of-the-art 136,000 square foot facility and upgraded fleet of tractor trailers ensures availability and product freshness for its customers.

    “Adding Indiana to our list of states that distribute American Rebel Light is great for many reasons,” said American Rebel CEO Andy Ross. “#1, it’s a great motorsports state; #2, Indiana borders Ohio and Kentucky, two states we’re already enjoying tremendous success in and success in Indiana should be no different and #3, there will be numerous opportunities for promotional events in Indiana to support the Rebel Light rollout. I’m looking forward to working with Jim Zink, Jr. and the Zink Distributing team to introduce America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.”

    Rapid Top Tier Distribution Growth Continues for America’s Fastest Growing Beer

    Since its launch in September 2024, American Rebel Light Beer has been growing at a rapid pace, establishing a presence in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Mississippi, Florida and now Indiana! This latest partnership with Zink Distributing further solidifies American Rebel’s commitment to bringing high-quality, patriotic beer to the people who live and breathe the American dream.

    Rebel Light: All Natural, Crisp, Clean, Bold, “Better for me” Beer for a Balanced Lifestyle
    American Rebel Light is a proudly American-made premium domestic light lager, delivering a crisp, clean, and bold taste with a lighter feel. Created with all-natural ingredients and NO added sweeteners like corn or rice, it offers a refreshing balance of flavor with 110 calories, 3.2 carbohydrates, and 4.3% ABV per 12 oz serving. Whether it’s backyard barbecues, tailgates, or saluting our great nation, American Rebel Light is brewed for the bold, the free, and the proud.

    For more information about American Rebel Light and its new partnership with Zink Distributing, visit americanrebelbeer.com or follow us on social media (@AmericanRebelBeer).

    About American Rebel Light

    American Rebel Light isn’t just a beer – it’s a statement. A toast to freedom, a salute to hard-working Americans, and a bold declaration of our patriotic values – America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer. Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a premium domestic light lager celebrated for its exceptional quality and patriotic appeal.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers. For more information follow American Rebel Beer on all social media platforms (@americanrebelbeer).

    About Zink Distributing

    Zink Distributing, established in 2001, is the exclusive distributor of great-tasting, high-quality products in all or part of 16 counties in Indiana, including Indianapolis. These counties include Marion, Fayette, Hancock, Rush, Hendricks, Morgan, Montgomery, Vermillion, Parke, Putnam, Vigo, Clay, Sullivan, Greene and northern Johnson and Owen. The mission of the company is to exceed the expectations of its customers through excellent service and attention to detail. For more information on Zink Distributing, go to zinkdistributing.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebel.com and americanrebelbeer.com. For investor information, visit americanrebelbeer.com/investor-relations.

    American Rebel Holdings, Inc.

    info@americanrebel.com
    ir@americanrebel.com
    Media Contact:

    Matt Sheldon
    Matt@PrecisionPR.co

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily 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, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our strategic planning, marketing outreach efforts, actual placement timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Bleakley Financial Group Chooses PKS Investments, a Subsidiary of Binah Capital Group, as Broker-Dealer for Hybrid Advisory Services

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a leading financial services enterprise that owns and operates a network of firms empowering independent financial advisors, announced today that Bleakley Financial Group, a registered investment advisor (RIA) with over $10 Billion in AUM, has selected PKS Investments, a subsidiary of Binah Capital, as its friendly broker-dealer to support its hybrid business model.

    This partnership provides Bleakley with the support needed to sustain and strengthen its independence while accessing the scale, infrastructure, and advisor-first resources that define Binah Capital’s hybrid-friendly platform. As part of the Binah Capital family, PKS Investments delivers the operational efficiency, compliance expertise, high-touch servicing, and flexibility that dually licensed independent RIAs require to thrive. With seamless integration across leading custodians and a robust support system, PKS empowers advisory firms like Bleakley to grow their business in a manner best-suited to their model and the needs of their diverse clientele.

    “We are thrilled to welcome Bleakley Financial Group to the Binah family of Independent RIA’s supported by PKS Investments,” said Craig Gould, CEO of Binah Capital Group. “This partnership further validates the strength of our open-architecture platform and the confidence that leading entrepreneurial firms place in Binah to deliver the right balance of support and freedom.”

    The collaboration underscores Binah Capital’s leading role as a strategic ally to RIAs, providing infrastructure, scale, and personalized support to partners without compromising their independence.

    About Binah Capital Group
    Binah Capital Group (“Binah Capital,” “Binah” or the “Company”) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative hybrid-friendly model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute commission-based business seamlessly while providing best in class resources to support their advisory practice. We don’t just offer tools—we cultivate partnerships. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace.

    For more, please visit: www.binahcap.com

    Contact:

    Binah Capital Investor Relations
    ir@binahcap.com

    Binah Capital Public Relations
    media@binahcap.com

    The MIL Network –

  • MIL-OSI: Arax Recognizes Partner Firms Named on USA Today’s List of Best Financial Advisory Firms 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today celebrates the inclusion of partner firms Ashton Thomas Private Wealth (“Ashton Thomas” or “ATPW”), U.S. Capital Wealth (“USCW”) and SRS Capital Advisors (n.k.a. “Arax Advisory Partners”) on USA Today’s list of Best Financial Advisory Firms 2025.

    Key highlights include:

    • Ashton Thomas Private Wealth was named one of the Top 10 Best Financial Advisory Firms in the United States and ranked second nationally in its assets under management (“AUM”) subcategory.
    • U.S. Capital Wealth was ranked one of the top three RIAs in Texas in its AUM subcategory.
    • SRS Capital Advisors was ranked one of the top two RIAs in Colorado.
    • Platform-wide, all Arax firms ranked in the top 20% of the 500 named on the list, selected from a pool of over 17,000 firms evaluated nationally.

    “We’re pleased to recognize the accomplishments of our partner firms over the past year as we advance our boutique strategy,” said Haig Ariyan, Chief Executive Officer of Arax Investment Partners. “We are joining forces with the best in wealth management to pursue expansive growth across our platform, and the industry is taking notice. I am very proud of our teams and look forward to continuing our work together.”

    This year’s accolades follow a period of significant growth for Arax, driven by the firm’s differentiated approach to capitalizing on opportunities within the fragmented investment advisory space. By partnering with leading independent wealth management providers and financial advisory teams, Arax delivers the resources necessary to scale business development, pursue complementary investment opportunities, and elevate the client experience. Today, Arax has established a nationwide presence, with a platform that supports more than $26 billion in AUM/A.

    USA Today awards spots on the list to the top performing registered investment advisory firms in the United States. The ranking is based on recommendations from financial advisors, clients and industry experts, and each firm’s development of assets under management (“AUM”). In partnership with Statista, recommendations were collected through an independent survey of over 30,000 individuals, and short-term (12 month) and long-term (five years) AUM development were analyzed using publicly available data. This year, USA Today and Statista included asset-based subgroupings to allow for comparison of firms of similar sizes.

    About Arax Investment Partners
    Arax Investment Partners is a rapidly growing boutique wealth management platform making strategic control investments in leading RIAs and elite advisor teams. Founded and led by CEO Haig Ariyan — a seasoned industry executive with a distinguished track record of building and scaling wealth management businesses — Arax empowers its partners to be entrepreneurial and focus on delivering exceptional client service. Firms benefit from a management team with deep M&A expertise, capital sourcing capabilities, and the backing of RedBird Capital Partners. For more information, visit www.araxpartners.com.

    About Ashton Thomas Private Wealth
    Ashton Thomas is a diversified financial services firm committed to a culture of excellence, integrity, and respect in every aspect of its business. Through its various entities listed below, Ashton Thomas serves foundations, businesses, and affluent individuals and families by providing a range of services which include fee-based financial planning and investment portfolio management, retirement plan consulting, securities brokerage, life and health insurance, and income tax preparation. The firm also strives to remain at the forefront of technological innovation and thought leadership within the financial services industry.

    Ashton Thomas Private Wealth, LLC, (“ATPW”), founded in 2010, and Ashton Thomas Advisors, LLC (“ATA”), founded in 2024, are SEC-registered investment advisers which provide fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Securities, LLC, (“ATS”) is a dually registered entity. ATS registered with FINRA as a broker-dealer in 1984 and provides securities brokerage services. ATS became an SEC-registered investment adviser in 2008 and provides fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Insurance Agency, LLC, (“ATIA”) provides life and health insurance brokerage services. ATIA also provides income tax services through its DBA, Ashton Thomas Tax Advisory. Representatives of the entities listed may only conduct business for which they are licensed, if required, and with residents of the states and jurisdictions in which they are properly registered and/or licensed.

    About U.S. Capital Wealth, LLC
    Headquartered in Houston, Texas, with a strategic Texas presence across Austin, Dallas, and Georgetown, as well as offices in New York City, Massachusetts, and Florida, U.S. Capital Wealth LLC (“USCW”) is a premier independent, full-platform Registered Investment Advisor dedicated to delivering institutional-quality financial solutions with the personalized service of a boutique firm.

    Founded in 2010, USCW was created to empower clients with access to a comprehensive wealth management experience. As a full-platform RIA, USCW offers the best of both worlds — integrating brokerage and advisory capabilities to deliver flexible solutions tailored to each client’s needs. Clients benefit from the capabilities of a large financial institution, while maintaining the personalized, high-touch approach of a boutique advisory firm.

    USCW’s team of seasoned financial professionals brings decades of institutional experience to help clients navigate complexity with clarity and confidence.

    USCW serves distinguished clientele, including high-net-worth and ultra-high-net-worth families, business owners, specialized industry professionals, institutions, and municipalities. Comprehensive offerings span investment management, risk mitigation, lending solutions, and fully integrated family office services — all tailored to each client’s unique goals. To learn more, please visit: https://uscwealth.com.

    About Arax Advisory Partners
    Formerly known as SRS Capital Advisors, Inc., Arax Advisory Partners is a privately owned, independent Registered Investment Advisor specializing in customized investment platforms and highly sophisticated wealth planning solutions for high-net-worth families and individuals, businesses, and foundations. Founded in 2004, Arax Advisory Partners’ unique integrated and comprehensive approach provides the highest possible level of client service to establish lasting partnerships with all their clients while combining comprehensive asset management with leading edge financial planning services. Arax Advisory Partners is headquartered in Denver, CO with offices in Pittsburgh, PA and Philadelphia, PA.

    About RedBird Capital Partners
    RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages $12 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals – Financial Services, Sports and Media & Entertainment. Over his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    RedBird@gagnierfc.com

    The MIL Network –

  • MIL-OSI: Households with Children Emerge as Power Users of the Gig Economy

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — While gig economy services are popular with American consumers overall, households with children have emerged as power users. This cohort reports using gig services on a weekly basis at an overall rate nearly 50% higher than households without children.

    More telling, 23% of households with children spend $500 or more per month on ridesharing, food delivery and other gig services, a rate almost five times higher than households without children—just 5% of which spend that amount each month. These findings and more are available in TransUnion’s (NYSE: TRU) 2025 Gig Economy Consumer Report.

    “Given how much families have to balance in their day-to-day, it’s no surprise that they have come to rely on the convenience of gig economy services,” said Cecilia Seiden, VP of TransUnion’s Communities and Marketplaces business. “TransUnion’s research provides some essential insights for how platforms can better engage this key segment.”

    Gig economy services used once or more per week by U.S. households
     
      Food Delivery Grocery/Retail
    Delivery    		 Ride
    Share    		 Online
    Freelancer    		 Vehicle
    Share    		 In-person
    Contractor
    With
    Children    		 61% 54% 53% 39% 38% 31%
    Without
    Children    		 40% 33% 36% 19% 21% 15%
     

    While households with children generally outpace those without children in their use of gig services, the difference was even more pronounced for emerging gig services, such as digital freelancing or in-person contract work (inclusive of home services and caregiving), where households with children were twice as likely to be weekly users.

    In-person contracting work comprises services like babysitting, dog walking and furniture assembly. Digital freelancing services include app building, web design, presentation design, etc. The amount of consumers using digital freelancing services suggests that, while some may be engaging workers to help with their small business needs, the majority may be outsourcing parts of their day jobs.

    Related, households with children were much more likely than households without children to cite the wide selection of providers (43% vs. 25%) and ease of finding the service they need (51% vs. 40%) as a reason for using these services. 

    The report also found that households with children prioritized promotions and loyalty programs when selecting a service. Gig platforms can differentiate themselves by running attractive promotions that enhance consumer satisfaction and build long-term loyalty. 

    Trust and safety

    If loyalty programs and promotions are among the best ways to attract and retain customers, breaches of trust and safety are likely the fastest ways to lose them. While 83% of respondents said they were satisfied with the trust and safety features available, more than half said they would stop using a platform if they were scammed, felt physically threatened, or had their account compromised.

    The report found nearly 4 out of 10 users are worried about encountering fraud or scams. When asked which steps platforms can take to reduce fraud and scams, 67% of users said verification of worker identity. Conducting background checks (58%) and utilizing biometrics (58%) to confirm that verified gig workers are the ones performing the services were also popular. 

    “Users understand that a certain amount of friction is necessary to keep people safe,” said Seiden. “Platforms that employ identity-based fraud protections can much more effectively strike the right balance necessary for a seamless and safe customer experience.”

    Learn more about TransUnion’s identity-based products, including TruAudience® marketing solutions and TruValidate™ fraud solutions.

    Read the full 2025 Spring Gig Economy Consumer Report.

    Research Methodology
    This online survey of 1,051 adults was conducted in February 2025 by TransUnion in partnership with third-party research provider Toluna. Participants included current and past consumers of gig economy services. All U.S. regions are represented in the study survey responses. These research results are unweighted and statistically significant at a 95% confidence level within ±3 percentage points based on calculated error margin. Please note some chart percentages may not add up to 100% due to rounding or multiple answers being accepted.

    About TransUnion (NYSE: TRU)
     TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
    TransUnion
    E-mail david.blumberg@transunion.com
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI: Ashton Thomas Private Wealth Ranked #7 on USA Today’s List of Best Financial Advisory Firms 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Ashton Thomas Private Wealth (“Ashton Thomas” or “the Company”), an Arax Investment Partners firm, is pleased to announce that it was ranked #7 out of 500 firms on USA Today’s list of Best Financial Advisory Firms 2025. In addition to making the Top 10, Ashton Thomas also ranked second nationally in its assets under management (“AUM”) subcategory.

    USA Today’s ranking of Best Financial Advisory Firms recognizes the top performing registered investment advisory companies in the United States based on recommendations from clients and peers, and an analysis of each firm’s development of AUM. Ashton Thomas has made the list every year since the ranking was launched in 2023.

    This year’s recognition caps off a period of robust growth for Ashton Thomas, which continues to develop its wealth management business supported by the Arax platform. Since joining Arax in 2023, Ashton Thomas has developed its footprint and operations across the U.S., welcoming elite advisor teams based in New York, NY, Boston, MA, Aspen, CO and San Francisco, CA, and establishing a new San Francisco office to support the firm’s growing presence in the Western market. Ashton Thomas expanded its services and offerings with the acquisition of a full-service broker-dealer to provide advisors and clients with access to cutting edge technology, additional compliance infrastructure and access to world class management.

    “We are thrilled to have been honored as one of the best of the best in the wealth management industry,” said Aaron Brodt, CEO of Ashton Thomas. “Our Top 10 ranking is a credit to the work we have done expanding our business to meet the needs of institutions, families and individuals across the country, as well as the top-tier client service provided by our advisors on a daily basis. I commend the full Ashton Thomas team for their contributions to this achievement.”

    “This recognition validates our strategy of partnering with forward-thinking advisory teams and providing the support they need to scale their practices,” added Haig Ariyan, Chief Executive Officer of Arax Investment Partners. “Access to the synergies, management expertise and growth opportunities afforded by our platform allows our Ashton Thomas advisor teams to capitalize on their established reputations and reach more clients with a wide range of services. I look forward to continuing to build on our momentum.”

    About Ashton Thomas Private Wealth
    Ashton Thomas is a diversified financial services firm committed to a culture of excellence, integrity, and respect in every aspect of its business. Through its various entities listed below, Ashton Thomas serves foundations, businesses, and affluent individuals and families by providing a range of services which include fee-based financial planning and investment portfolio management, retirement plan consulting, securities brokerage, life and health insurance, and income tax preparation. The firm also strives to remain at the forefront of technological innovation and thought leadership within the financial services industry.

    Ashton Thomas Private Wealth, LLC, (“ATPW”), founded in 2010, and Ashton Thomas Advisors, LLC (“ATA”), founded in 2024, are SEC-registered investment advisers which provide fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Securities, LLC, (“ATS”) is a dually registered entity. ATS registered with FINRA as a broker-dealer in 1984 and provides securities brokerage services. ATS became an SEC-registered investment adviser in 2008 and provides fee-based financial planning, portfolio management, pension consulting, and fund manager selection services. Ashton Thomas Insurance Agency, LLC, (“ATIA”) provides life and health insurance brokerage services. ATIA also provides income tax services through its DBA, Ashton Thomas Tax Advisory. Representatives of the entities listed may only conduct business for which they are licensed, if required, and with residents of the states and jurisdictions in which they are properly registered and/or licensed.

    About Arax Investment Partners
    Arax Investment Partners is a rapidly growing boutique wealth management platform making strategic control investments in leading RIAs and elite advisor teams. Founded and led by CEO Haig Ariyan — a seasoned industry executive with a distinguished track record of building and scaling wealth management businesses — Arax empowers its partners to be entrepreneurial and focus on delivering exceptional client service. Firms benefit from a management team with deep M&A expertise, capital sourcing capabilities, and the backing of RedBird Capital Partners. For more information, visit www.araxpartners.com.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    RedBird@gagnierfc.com

    The MIL Network –

  • MIL-OSI: Intermex Reports First-Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    Company to Host Conference Call Today at 9 a.m. ET

    MIAMI, May 07, 2025 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), one of the nation’s leading global omnichannel money transfer services to Latin America and the Caribbean, today reported financial and operating results for the first quarter of 2025.

    Financial performance highlights for the first quarter of 2025:

    • Revenues of $144.3 million
    • Net income of $7.8 million
    • Diluted EPS of $0.25
    • Adjusted Diluted EPS of $0.35
    • Adjusted EBITDA of $21.6 million

    Bob Lisy, Chairman, President, and CEO of Intermex, stated “Intermex’s first quarter results reflect the strength and discipline of the Intermex business model, despite an economic and political backdrop that was difficult to anticipate. Year-over-year volume growth reflects our highly resilient consumer base and our ability to serve them effectively through our omnichannel strategy.”

    First Quarter 2025 Financial Results (all comparisons are to the First Quarter 2024)
    Year over year volumes grew at 3.7%, however total revenues for the Company were down 4.1% to $144.3 million. This was driven by a shift in retail consumer sending behavior as consumers sent fewer transactions, but in larger amounts transferred per transaction in the quarter. The reduction in service fees from lower transactions was partially offset by an increase in revenue primarily related to growth in digital channels. The Company’s user base generated 12.8 million money transfer transactions, down 5.2% from last year. The total principal amount transferred for the period was $5.6 billion, an increase of 3.7%.

    The Company reported net income of $7.8 million, a decrease of 35.5%. Diluted earnings per share were $0.25, a decrease of 28.6%. The decreases in net income and diluted earnings per share were driven primarily by the items noted above for revenues, partly offset by lower services charges from agents and banks. It is worth noting that while revenue was down from lower transactions, the higher year over year volume offset much of the interest and banking expense reductions that would otherwise typically be captured with a lower number of transactions. Lower income tax provision also positively impacted net income. Diluted earnings per share was positively impacted by the reduction in share count from the Company’s stock repurchase activity.

    Adjusted net income totaled $10.9 million, a decrease of 25.9%. Adjusted diluted earnings per share totaled $0.35, a decrease of 18.6%. Adjusted net income and adjusted diluted earnings per share were impacted by the items noted above, adjusted for certain items detailed in the reconciliation tables below following the unaudited condensed consolidated financial statements. Adjusted diluted earnings per share was positively impacted by the reduction in share count from the Company’s stock repurchases.

    Adjusted EBITDA decreased 15.0% to $21.6 million, attributable to the same items noted above, partially offset by the higher net effect of the adjusting items detailed in the reconciliation tables below following the unaudited condensed consolidated financial statements.

    Adjusted and other non-GAAP measures discussed above and elsewhere in this press release are defined below under the heading, Non-GAAP Measures.

    Other Items
    The Company ended the first quarter of 2025 with $151.8 million in cash and cash equivalents. Net Free Cash Generated for the first quarter of 2025 was $10.3 million, up from the first quarter of 2024. Year-over-year Net Free Cash Generated primarily reflects the investments in assets placed into service as a result of the Company’s move to the new U.S. headquarters facility in the first quarter of 2024, partially offset by the decrease in net income.

    The Company incurred $1.2 million in transaction costs for the first quarter, primarily legal and professional fees incurred in relation to its previously announced evaluation of strategic alternatives. In addition, the Company incurred restructuring costs of approximately $0.3 million primarily related to the Company’s foreign operations.

    The Company repurchased 367,873 shares of its common stock for $5.0 million during the first quarter of 2025 through its underlying share repurchase program and a privately-negotiated transaction.

    Guidance
    Based on our first quarter 2025 financial results and the underlying market dynamics we have observed to date, the Company is revising its previously issued full-year guidance below. Current levels of uncertainty and volatility affecting market conditions and consumer behavior, have increased the difficulty of reliably forecasting short-term results.   Moreover, as previously announced, the Company is in the process of executing on a long-term strategy of investing in its digital business offerings to increase their contribution to the Company’s revenue and to increase its profitability.   Accordingly, the Company is discontinuing issuing quarterly guidance.

    Full-year 2025:
    •Revenue of $634.9 million to $654.2 million.
    •Diluted EPS of $1.53 to $1.65.
    •Adjusted Diluted EPS of $1.86 to $2.02.
    •Adjusted EBITDA of $103.6 million to $106.8 million.

    Non-GAAP Measures
    Adjusted Net Income, Adjusted Earnings per Share, Adjusted EBITDA, Adjusted EBITDA Margin and Net Free Cash Generated, each a Non-GAAP financial measure, are the primary metrics used by management to evaluate the financial performance of our business. We present these Non-GAAP financial measures because we believe they are frequently used by analysts, investors, and other interested parties to evaluate companies in our industry. Furthermore, we believe they are helpful in highlighting trends in our operating results, because certain of such measures exclude, among other things, the effects of certain transactions that are outside the control of management, while other measures can differ significantly depending on long-term strategic decisions regarding capital structure, the jurisdictions in which we operate and capital investments.

    Adjusted Net Income is defined as Net Income adjusted to add back certain charges and expenses, such as non-cash amortization of certain intangible assets resulting from business and asset acquisition transactions, non-cash compensation costs, and other items outlined in the reconciliation table below, as these charges and expenses are not considered a part of our core business operations and are not an indicator of ongoing future Company performance.

    Adjusted Earnings per Share – Basic and Diluted is calculated by dividing Adjusted Net Income by GAAP weighted-average common shares outstanding (basic and diluted).

    Adjusted EBITDA is defined as Net Income before depreciation and amortization, interest expense, income taxes, and adjusted to add back certain charges and expenses, such as non-cash compensation costs and other items outlined in the reconciliation table below, as these charges and expenses are not considered a part of our core business operations and are not an indicator of ongoing future Company performance.

    Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by Revenues.

    Net Free Cash Generated is defined as Net Income before provision for credit losses and depreciation and amortization adjusted to add back certain non-cash charges and expenses, such as non-cash compensation costs, and reduced by cash used in investing activities and servicing of our debt obligations.

    Adjusted Net Income, Adjusted Earnings per Share, Adjusted EBITDA, Adjusted EBITDA Margin, and Net Free Cash Generated are non-GAAP financial measures and should not be considered as an alternative to operating income, net income, net income margin or earnings per share, as a measure of operating performance or cash flows, or as a measure of liquidity. Non-GAAP financial measures are not necessarily calculated the same way by different companies and should not be considered a substitute for or superior to U.S. GAAP.

    Reconciliations of Net Income, the Company’s closest GAAP measure, to Adjusted Net Income, Adjusted EBITDA, and Net Free Cash Generated, as well as a reconciliation of Earnings per Share (Basic and Diluted) to Adjusted Earnings per Share (Basic and Diluted) and Net Income Margin to Adjusted EBITDA Margin, are outlined in the tables below following the condensed consolidated financial statements. A quantitative reconciliation of projected Adjusted EBITDA and Adjusted Diluted EPS to the most comparable GAAP measure is not available without unreasonable efforts because of the inherent difficulty in forecasting and quantifying the amounts necessary under GAAP guidance for operating or other adjusted items including, without limitation, costs and expenses related to acquisitions and other transactions, share-based compensation, tax effects of certain adjustments and losses related to legal contingencies or disposal of assets. For the same reasons, we are unable to address the probable significance of the unavailable information.

    Investor and Analyst Conference Call / Presentation
    Intermex will host a conference call and webcast presentation at 9:00 a.m. Eastern Time today. Interested parties are invited to join the discussion and gain firsthand knowledge about Intermex’s financial performance and operational achievements through the following channels:

    • A live broadcast of the conference call may be accessed via the Investor Relations section of Intermex’s website at https://investors.intermexonline.com/.
    • To participate in the live conference call via telephone, please register HERE. Upon registering, a dial-in number and unique PIN will be provided to join the conference call.
    • Following the conference call, an archived webcast of the call will be available for one year on Intermex’s website at https://investors.intermexonline.com/.

    Safe Harbor Compliance Statement for Forward-Looking Statements
    This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, which reflect our current views concerning certain events that are not historical facts but could have an effect on our future performance, including but without limitation, statements regarding our plans, objectives, financial performance, business strategies, projected results of operations, restructuring initiatives and expectations for the Company. These statements may include and be identified by words or phrases such as, without limitation, “would,” “will,” “should,” “expects,” “believes,” “anticipates,” “continues,” “could,” “may,” “might,” “plans,” “possible,” “potential,” “predicts,” “projects,” “forecasts,” “intends,” “assumes,” “estimates,” “approximately,” “shall,” “our planning assumptions,” “future outlook,” “currently,” “target,” “guidance,” and similar expressions (including the negative and plural forms of such words and phrases). These forward-looking statements are based largely on information currently available to our management and our current expectations, assumptions, plans, estimates, judgments, projections about our business and our industry, and macroeconomic conditions, and are subject to various risks, uncertainties, estimates, contingencies, and other factors, many of which are outside our control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements and could materially adversely affect our business, financial condition, results of operations, cash flows, and liquidity. Such factors include, among others: changes in immigration laws and their enforcement, including any adverse effects on the level of immigrant employment, earning potential and other commercial activities; our success in expanding customer acceptance of our digital services and infrastructure, as well as developing, introducing and marketing new digital and other products and services; new technology or competitors that disrupt the current money transfer and payment ecosystem, including the introduction of new digital platforms; loss of, or reduction in business with, key sending agents; our ability to effectively compete in the markets in which we operate; economic factors such as inflation, the level of economic activity, recession risks and labor market conditions, as well as volatility in market interest rates; international political factors, including ongoing hostilities in Ukraine and the Middle East, political instability, tariffs, including the effects of tariffs on domestic markets and industrial activity and employment, border taxes or restrictions on remittances or transfers from the outbound countries in which we operate or plan to operate; volatility in foreign exchange rates that could affect the volume of consumer remittance activity and/or affect our foreign exchange related gains and losses; consumer confidence in our brands and in consumer money transfers generally; expansion into new geographic markets or product markets; our ability to successfully execute, manage, integrate and obtain the anticipated financial benefits of key acquisitions and mergers; cybersecurity-attacks or disruptions to our information technology, computer network systems, data centers and mobile devices applications; the ability of our risk management and compliance policies, procedures and systems to mitigate risk related to transaction monitoring; consumer fraud and other risks relating to the authenticity of customers’ orders or the improper or illegal use of our services by consumers, sending agents or digital partners; our ability to maintain favorable banking and paying agent relationships necessary to conduct our business; bank failures, sustained financial illiquidity, or illiquidity at the clearing, cash management or custodial financial institutions with which we do business; changes to banking industry regulation and practice; credit risks from our agents, digital partners and the financial institutions with which we do business; our ability to recruit and retain key personnel; our ability to maintain compliance with applicable laws and regulatory requirements, including those intended to prevent use of our money remittance services for criminal activity, those related to data and cybersecurity protection, and those related to new business initiatives; enforcement actions and private litigation under regulations applicable to money remittance services; changes in tax laws in the countries in which we operate; our ability to protect intellectual property rights; our ability to satisfy our debt obligations and remain in compliance with our credit facility requirements; public health conditions, responses thereto and the economic and market effects thereof; the use of third-party vendors and service providers; weakness in U.S. or international economic conditions; and other economic, business, and/or competitive factors, risks and uncertainties, including those described in the “Risk Factors” and other sections of periodic reports and other filings that we file with the Securities and Exchange Commission. Accordingly, we caution investors and all others not to place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date such statement is made and we undertake no obligation to update any of the forward-looking statements.

    About International Money Express, Inc.
    Founded in 1994, Intermex applies proprietary technology enabling consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom and Germany to more than 60 countries. The Company provides the digital movement of money through a network of agent retailers in the United States, Canada, Spain, Italy, the United Kingdom and Germany; Company-operated stores; our mobile apps; and the Company’s websites. Transactions are fulfilled and paid through thousands of retail and bank locations around the world. Intermex is headquartered in Miami, Florida, with international offices in Puebla, Mexico, Guatemala City, Guatemala, London, England, and Madrid, Spain. For more information about Intermex, please visit www.intermexonline.com.

    Alex Sadowski
    Investor Relations Coordinator
    ir@intermexusa.com
    tel. 305-671-8000

    Condensed Consolidated Balance Sheets
             
        March 31,   December 31,
    (in thousands of dollars)     2025     2024
    ASSETS   (Unaudited)    
    Current assets:        
    Cash and cash equivalents   $ 151,764   $ 130,503
    Accounts receivable, net of allowance of $4,095 and $3,546, respectively     131,026     107,077
    Prepaid wires, net     32,577     49,205
    Prepaid expenses and other current assets     10,561     10,998
    Total current assets     325,928     297,783
             
    Property and equipment, net     52,603     50,354
    Goodwill     55,195     55,195
    Intangible assets, net     26,058     26,847
    Deferred tax asset, net     18     —
    Other assets     30,787     32,198
    Total assets   $ 490,589   $ 462,377
             
    LIABILITIES AND STOCKHOLDERS’ EQUITY        
    Current liabilities:        
    Accounts payable   $ 23,410   $ 19,520
    Wire transfers and money orders payable, net     115,081     85,044
    Accrued and other liabilities     47,977     47,434
    Total current liabilities     186,468     151,998
             
    Long-term liabilities:        
    Debt, net     147,385     156,623
    Lease liabilities, net     17,493     18,582
    Deferred tax liability, net     —     250
    Total long-term liabilities     164,878     175,455
             
    Stockholders’ equity:        
    Total stockholders’ equity     139,243     134,924
    Total liabilities and stockholders’ equity   $ 490,589   $ 462,377
             
    Condensed Consolidated Statements of Income
         
        Three Months Ended March 31,
    (in thousands of dollars, except for per share data)     2025     2024
        (Unaudited)
    Revenues:        
    Wire transfer and money order fees, net   $ 120,167   $ 126,921
    Foreign exchange gain, net     20,181     20,346
    Other income     3,962     3,145
    Total revenues     144,310     150,412
             
    Operating expenses:        
    Service charges from agents and banks     93,788     97,934
    Salaries and benefits     18,288     18,106
    Other selling, general and administrative expenses     10,989     9,953
    Provision for credit losses     2,066     1,595
    Restructuring costs     306     —
    Transaction costs     1,169     10
    Depreciation and amortization     3,629     3,228
    Total operating expenses     130,235     130,826
             
    Operating income     14,075     19,586
             
    Interest expense     2,700     2,702
             
    Income before income taxes     11,375     16,884
             
    Income tax provision     3,606     4,778
             
    Net income   $ 7,769   $ 12,106
             
    Earnings per common share:        
    Basic   $ 0.25   $ 0.36
    Diluted   $ 0.25   $ 0.35
             
    Weighted-average common shares outstanding:        
    Basic     30,587,949     33,675,441
    Diluted     30,831,633     34,188,814
    Reconciliation from Net Income to Adjusted Net Income
         
        Three Months Ended March 31,
    (in thousands of dollars, except for per share data)     2025       2024  
        (Unaudited)
             
    Net Income   $ 7,769     $ 12,106  
             
    Adjusted for:        
    Share-based compensation (a)     2,112       2,153  
    Restructuring costs (b)     306       —  
    Transaction costs (c)     1,169       10  
    Other charges and expenses (d)     327       437  
    Amortization of intangibles (e)     711       977  
    Income tax benefit related to adjustments (f)     (1,466 )     (1,012 )
    Adjusted Net Income   $ 10,928     $ 14,671  
             
    Adjusted earnings per common share:        
    Basic   $ 0.36     $ 0.44  
    Diluted   $ 0.35     $ 0.43  

    (a) Represents share-based compensation relating to equity awards granted primarily to employees and independent directors of the Company.

    (b) Represents primarily severance, write-off of assets and, legal and professional fees related to the execution of restructuring plans.

    (c) Represents primarily financial advisory, professional and legal fees related to business acquisition transactions and strategic alternatives.

    (d) Represents primarily loss on disposal of fixed assets.

    (e) Represents the amortization of certain intangible assets that resulted from business and asset acquisition transactions.

    (f) Represents the current and deferred tax impact of the taxable adjustments to Net Income using the Company’s blended federal and state tax rate for each period. Relevant tax-deductible adjustments include all adjustments to Net Income.

    Reconciliation from Basic Earnings per Share to Adjusted Basic Earnings per Share
         
        Three Months Ended March 31,
          2025       2024  
        (Unaudited)
    Basic Earnings per Share   $ 0.25     $ 0.36  
    Adjusted for:        
    Share-based compensation     0.07       0.06  
    Restructuring costs     0.01       —  
    Transaction costs     0.04       NM  
    Other charges and expenses     0.01       0.01  
    Amortization of intangibles     0.02       0.03  
    Income tax benefit related to adjustments     (0.05 )     (0.03 )
    Adjusted Basic Earnings per Share   $ 0.36     $ 0.44  

    NM—Amount is not meaningful

    The table above may contain slight summation differences due to rounding

    Reconciliation from Diluted Earnings per Share to Adjusted Diluted Earnings per Share
         
        Three Months Ended March 31,
          2025       2024  
        (Unaudited)
    Diluted Earnings per Share   $ 0.25     $ 0.35  
    Adjusted for:        
    Share-based compensation     0.07       0.06  
    Restructuring costs     0.01       —  
    Transaction costs     0.04       NM  
    Other charges and expenses     0.01       0.01  
    Amortization of intangibles     0.02       0.03  
    Income tax benefit related to adjustments     (0.05 )     (0.03 )
    Adjusted Diluted Earnings per Share   $ 0.35     $ 0.43  

    NM—Amount is not meaningful

    The table above may contain slight summation differences due to rounding

    Reconciliation from Net Income to Adjusted EBITDA
         
        Three Months Ended March 31,
    (in thousands of dollars)     2025     2024
        (Unaudited)
    Net Income   $ 7,769   $ 12,106
             
    Adjusted for:        
    Interest expense     2,700     2,702
    Income tax provision     3,606     4,778
    Depreciation and amortization     3,629     3,228
    EBITDA     17,704     22,814
    Share-based compensation (a)     2,112     2,153
    Restructuring costs (b)     306     —
    Transaction costs (c)     1,169     10
    Other charges and expenses (d)     327     437
    Adjusted EBITDA   $ 21,618   $ 25,414

    (a) Represents share-based compensation relating to equity awards granted primarily to employees and independent directors of the Company.

    (b) Represents primarily severance, write-off of assets and legal and professional fees related to the execution of restructuring plans.

    (c) Represents primarily financial advisory, professional and legal fees related to business acquisition transactions and strategic alternatives.

    (d) Represents primarily loss on disposal of fixed assets.

    Reconciliation from Net Income Margin to Adjusted EBITDA Margin
         
        Three Months Ended March 31,
        2025     2024  
        (Unaudited)
    Net Income Margin   5.4 %   8.0 %
    Adjusted for:        
    Interest expense   1.9 %   1.8 %
    Income tax provision   2.5 %   3.2 %
    Depreciation and amortization   2.5 %   2.1 %
    EBITDA Margin   12.3 %   15.2 %
    Share-based compensation   1.5 %   1.4 %
    Restructuring costs   0.2 %   — %
    Transaction costs   0.8 %   — %
    Other charges and expenses   0.2 %   0.3 %
    Adjusted EBITDA Margin   15.0 %   16.9 %

    The table above may contain slight summation differences due to rounding

    Reconciliation of Net Income to Net Free Cash Generated
         
        Three Months Ended March 31,
    (in thousands of dollars)     2025       2024  
        (Unaudited)
             
    Net income for the period   $ 7,769     $ 12,106  
             
    Depreciation and amortization     3,629       3,228  
    Share-based compensation     2,112       2,153  
    Provision for credit losses     2,066       1,595  
    Cash used in investing activities     (5,313 )     (13,480 )
    Term loan pay downs     —       (1,641 )
             
    Net Free Cash Generated during the period   $ 10,263     $ 3,961  

    The MIL Network –

  • MIL-OSI: KVH Launches CommBox Edge Secure Suite for Advanced Cybersecurity Threat Detection & Response

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, R.I., May 07, 2025 (GLOBE NEWSWIRE) — Today, KVH Industries, Inc. (Nasdaq: KVHI) unveiled the newest expansion to its CommBox™ Edge Communications Gateway–the Secure Suite threat detection and response service. Focused on detecting, preventing, and reporting cybersecurity threats, CommBox Edge Secure Suite actively identifies and blocks harmful traffic in real time to reduce the risks to vessel communications, operations, and network security. Secure Suite is fully compatible with both the CommBox Edge 6 and Edge 2 belowdeck appliances and the CommBox Edge virtual machine option, making it an easy-to-use and versatile cybersecurity upgrade to the CommBox Edge’s robust network and bandwidth management capabilities.

    “The modern commercial vessel is an extension of the corporate office–a mobile, connected network node that can face the threat of malicious cyber activities that put people, cargo, vessels, and business operations at risk,” observed Chad Impey, KVH’s senior vice president of global sales. “CommBox Edge Secure Suite is designed for rapid, easy, and affordable deployment while delivering advanced detection, prevention, and reporting capabilities. Combined with the CommBox Edge network and bandwidth management capabilities, Secure Suite delivers enhanced security for individual vessels and entire fleets while simultaneously maximizing your IT team’s resources and optimizing your communications.”

    CommBox Edge Secure Suite employs some of the most advanced cybersecurity and proactive monitoring technology available, including:

    • Cisco Talos, one of the world’s most advanced threat-blocking and detection solutions, focuses on emerging and existing cyber threats, enabling CommBox Edge Secure Suite to recognize and respond to new threat IDs and threat patterns.
    • Cisco Snort monitors, analyzes, and responds to malicious network traffic in real time using Cisco Talos rulesets, helping CommBox Edge Secure Suite identify and mitigate potential security threats.

    Secure Suite also includes a robust Intrusion Prevention System (IPS), active quarantine capabilities, and an intuitive cloud-based Threat Dashboard to reduce cyber risks to vessels, networks, and crews. The service helps mitigate those risks as part of a comprehensive network and onboard cybersecurity solution focused on:

    • Detection – The CommBox Edge Secure Suite IPS monitors incoming and outgoing traffic for suspicious patterns or signatures that match known attack types (like malware, vulnerabilities, or exploits).
    • Prevention – The IPS responds in real time to malicious actions by blocking harmful traffic (e.g., malware, viruses, denial of service, ping of death, etc.), resetting connections, adjusting firewalls, initiating quarantines, and sending alerts to administrators.
    • Reporting – Secure Suite includes an intuitive cloud-based Threat Dashboard. Also, it captures and reports detailed threat logs (including syslogs/rsyslogs) to an offsite Security Information and Event Management (SIEM) system or Security Operations Center (SOC) for future analysis and actionable insights.

    “With this data and Secure Suite’s advanced features, you can enable new proactive responses to threats, minimize recovery time, pass security audits, remain compliant with industry standards, and identify resource-intensive threats to ensure optimal network performance,” concluded Impey.

    Secure Suite is available now as a service option within CommBox Edge, KVH’s all-in-one management toolbox for maritime IT professionals who want to control the growing array of wide area network (WAN) options, such as the VSAT, low earth orbit (LEO) services, 5G cellular, and other services available through the KVH ONE® global network. CommBox Edge also supports as many as thirty onboard local area networks and provides secure remote access to any onboard networked device, high-speed VPN links, and deep packet inspection.

    Note to Editors: For more information about CommBox Edge, please visit https://www.kvh.com/edge. High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary.

    About KVH Industries, Inc.

    KVH Industries, Inc. is a global leader in maritime and mobile connectivity delivered via the KVH ONE network. The company, founded in 1982, is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and more than a dozen offices around the globe. KVH provides connectivity solutions for commercial maritime, leisure marine, military/government, and land mobile applications on vessels and vehicles, including the TracNet®, TracPhone®, and TracVision® product lines, CommBox Edge, the KVH ONE OpenNet Program for non-KVH antennas, AgilePlans® Connectivity as a Service (CaaS), and the KVH Link crew wellbeing content service.

    This press release contains forward-looking statements that involve risks and uncertainties. For example, forward-looking statements include claims regarding the anticipated efficacy of cybersecurity features to minimize risks to networks, operations, and crews. These and other factors are discussed in more detail in KVH’s Annual Report on Form 10-K filed with the SEC on March 10, 2025. Copies are available through its Investor Relations department and website: https://investors.kvh.com. KVH does not assume any obligation to update our forward-looking statements to reflect new information and developments.

    KVH Industries, Inc., has used, registered, or applied to register its trademarks in the USA and other countries around the world, including but not limited to the following marks: KVH, KVH ONE, TracVision, TracPhone, TracNet, CommBox, and AgilePlans. Other trademarks are the property of their respective companies.

    For further information, please contact:
    Chris Watson
    Vice President, Marketing & Communications
    KVH Industries, Inc.
    Tel: +1 401 845 2441
    cwatson@kvh.com

    The MIL Network –

  • MIL-OSI: Hecate Grid Announces Rebrand to Fullmark Energy, Marking New Era of Energy Storage Leadership

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — Hecate Grid, a leading independent power producer (IPP) focused exclusively on energy storage, today announced it has rebranded to Fullmark Energy. The rebranding coincides with the completion of several key milestones, including the company’s expanding portfolio of energy storage projects in California, collectively known as the Redwood Projects.

    This strategic rebrand reflects the company’s evolution from an organization focused primarily on project development to a fully integrated energy storage company that develops, finances, builds, owns, and operates standalone battery energy storage system (BESS) projects across the United States.

    “The transition to Fullmark Energy represents a significant milestone in our company’s journey,” said Chris McKissack, Chief Executive Officer of Fullmark Energy. “While our name is changing, our commitment remains the same: unlocking energy storage’s potential to enhance grid reliability and benefit the communities we serve. This rebrand is not simply a name change—it’s a reflection of our growth and the increasing MARK we plan to make in Americas’ burgeoning energy markets.”

    Founded in 2018 and backed by InfraRed Capital Partners, an infrastructure asset manager with $13 billion equity under management, Fullmark Energy has established itself as an industry pioneer in the rapidly evolving energy storage sector. The company currently manages 300 MWh of operating and in-construction projects, with a robust 4 GW development pipeline strategically positioned across multiple U.S. markets.

    “As Fullmark Energy, we’re building on our track record of success while focusing on what sets us apart—our operational excellence and commitment to safety and reliability,” added McKissack. “The energy storage industry faces complex challenges, from supply chain uncertainties to the operational requirements necessary to keep the lights on. Our hands-on approach of developing, owning, and operating projects allows us to overcome these challenges while delivering long-term value to our partners, communities, and investors.”

    The Fullmark Energy rebrand coincides with significant progress on the company’s Redwood Projects, a portfolio of energy storage facilities in Southern California that exemplifies the company’s strategic approach to risk management. These include:

    • Johanna Project: A fully operational 20MW/80MWh facility in Santa Ana, CA
    • Carris + Desert Project: A 20MW facility in Palm Springs, CA currently in commissioning
    • Ortega Project: A 20MW facility in Lake Elsinore, CA in the final stages of construction
    • San Jacinto Project: A 65MW facility in Banning, CA nearing completion

    The Redwood Projects showcase Fullmark Energy’s portfolio approach to project development, reducing single points of failure through geographic distribution while strengthening revenue profiles through diversified offtake agreements.

    Looking ahead, Fullmark Energy will continue to expand its operations, with planned growth in Texas and other strategic markets. The company remains committed to its partnerships with cooperatives and public power companies, offering customized energy storage solutions that address their unique needs.

    About Fullmark Energy:
    Fullmark Energy is unlocking the potential of energy storage to accelerate renewables, enhance grid reliability, and benefit communities, financial investors, stakeholders, and partners. Founded in 2018, Fullmark Energy develops, builds, owns, and operates energy storage projects across the U.S. The company’s holistic asset development and ownership model prioritizes mutually beneficial, long-term relationships with partners and stakeholders to move projects from concept to operations. Fullmark Energy is securely backed by a fund managed by InfraRed Capital Partners, an infrastructure asset manager with $13 billion equity under management. With a four-gigawatt pipeline and a mix of projects operating and under construction, we are making the promise of energy storage a reality. Learn more about Fullmark Energy’s unique approach to energy storage at www.fullmarkenergy.com.

    Media Contact:
    Nic Savo
    fullmarkenergy@teamsilverline.com
    203.456.0843

    The MIL Network –

  • MIL-OSI: Enphase Energy Launches IQ Balcony Solar System in Germany

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., May 07, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of the Enphase® IQ® Balcony Solar System in Germany. Designed for plug-and-play installation, the new system empowers apartment dwellers and homeowners with limited roof space to generate their own clean energy from balconies, patios, and small outdoor areas. It’s also a simple and affordable solution for fully off-grid use cases, offering reliable daytime power for alpine cabins, camping sites, mobile home setups, and more. The IQ Balcony Solar System includes Enphase IQ8HC™ Microinverters, IQ® Balcony Gateway, and other components.  

    Balcony solar systems – or “plug-in solar” systems – are rapidly expanding access to clean energy for residents without traditional rooftop space. According to SolarPower Europe, Germany registered 435,000 new balcony systems in 2024, compared to 276,000 in 2023. There are now 780,000 total balcony solar installations across the country, driven by significant regional subsidies. The Enphase IQ Balcony Solar System will help more people participate in the energy transition, supporting greater energy independence across Europe.

    The IQ Balcony Solar System offers the following key features:

    • Do-it-yourself installation: The system has an easy setup with plug-and-play connectors for self-installation and commissioning through the Enphase® App.
    • Off-grid operation: The system’s IQ Microinverters switch seamlessly between grid-tied and off-grid modes, so connected devices can stay powered during daytime grid outages, or function entirely off-grid when the sun is shining in rural or remote areas where grid power isn’t available.
    • Scalable solution: Homeowners can start with a small system and expand over time using an Enphase expansion kit as energy needs grow. Additional energy from the expansion kit can be harvested using the auxiliary socket.
    • Integrated connectivity: The system offers a simplified setup using Wi-Fi or cellular data, supported by a 5-year data plan for seamless monitoring and updates.
    • Highly reliable: The IQ8HC Microinverters come with an IP67 rating, while the IQ Balcony Gateway has an IP65 rating and a 5-year warranty.

    “Germany’s energy landscape is changing, and products like the Enphase IQ Balcony Solar System are making the shift easier and more accessible,” said Kevin Malek, CEO of solago, a bundler of solar energy products in Germany. “This system empowers people to generate their own clean energy – even without a traditional roof – while enjoying the safety, reliability, and simplicity that Enphase is known for.”

    The standard Enphase IQ Balcony Solar Kit includes two IQ8HC Microinverters, one IQ Balcony Gateway, IQ® Cables, and one AC Power Cable. Retailers can bundle it with solar panels and racking before it is sold. The scalable system can accommodate up to seven IQ8HC Microinverters and panels, enabling the system to evolve with energy needs. System owners can easily install the system on their own and commission it using the Enphase App, which also allows users to monitor and view their energy production.

    “The installation process was incredibly fast, and the setup was seamless,” said Doris Filipović, a customer in Germany using the Enphase IQ Balcony Solar System. “What I love most is being able to track the performance of each panel in real time through the Enphase App. It’s a great feeling to know exactly how much clean energy I’m producing every day – right from my balcony.”

    “Thanks to our easy-to-install IQ Balcony Solar System, more people in Germany can now increase their energy independence and participate in the clean energy transition,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “We’re excited to support improved solar accessibility in Europe, and we look forward to launching into other regions in the future.”

    The Enphase IQ Balcony Solar System is available for purchase today on the Enphase website or with select partners. Solar panels, shelves, and mounting hardware are not included in this kit and must be purchased separately. To learn more about Enphase’s IQ Balcony Solar System, visit the websites for homeowners and installers.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power – and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, IQ8, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; the ability of more people to participate in the energy transition; Enphase Energy’s ability to support greater energy independence across Europe; and statements regarding the timing and availability Enphase Energy’s products in Germany. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI: GCM Grosvenor Reports First Quarter 2025 Earnings Results, with Quarter-To-Date Fundraising Increasing 77% Year-Over-Year, Quarter-to-Date GAAP Net Income of $0.5 million, and Fee-Related Earnings and Adjusted Net Income Increasing 22% and 30%, Respectively, Year-Over-Year

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider, today reported its results for the first quarter 2025.

    GCM Grosvenor issued a detailed presentation of its results to the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events.

    GCM Grosvenor’s Board of Directors approved a $0.11 per share dividend payable on June 16, 2025 to shareholders on record June 6, 2025.

    Conference Call
    A conference call to discuss GCM Grosvenor’s financial results will be held today, Wednesday, May 7, 2025, at 10:00 a.m. ET. The call will be accessible via public webcast from the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events, and a replay of the live broadcast will be available on the website soon after the call’s completion.

    The call can also be accessed by dialing (888) 394-8218 (toll-free) or (646) 828-8193 and using the passcode 6031367.

    About GCM Grosvenor
    GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $82 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform.

    GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.

    Non-GAAP Financial Measures
    Included in the results above, we report certain financial measures that are not required by, or presented in accordance with, GAAP. Management uses these non-GAAP measures to assess the performance of our business across reporting periods and believes this information is useful to investors for the same reasons. These non-GAAP measures should not be considered a substitute for the most directly comparable GAAP measures, which we reconcile within the detailed presentation discussed above. Further, these measures have limitations as analytical tools, and when assessing our operating performance, you should not consider these measurements in isolation or as a substitute for GAAP measures including net income (loss). We may calculate or present these non-GAAP financial measures differently than other companies who report measures with the same or similar names, and as a result, the non-GAAP measures we report may not be comparable.

    Share Repurchase Plan Authorization
    GCMG’s Board of Directors previously authorized a share repurchase plan, which may be used to repurchase outstanding Class A common stock and warrants in open market transactions, in privately negotiated transactions including with employees or otherwise, as well as to retire (by cash settlement or the payment of tax withholding amounts upon net settlement) equity-based awards granted under the Company’s Amended and Restated 2020 Incentive Award Plan (or any successor equity plan thereto). The Company is not obligated under the terms of plan to repurchase any of its Class A common stock or warrants, and the size and timing of these repurchases will depend on legal requirements, price, market and economic conditions and other factors. The plan has no expiration date and the plan may be suspended or terminated by the Company at any time without prior notice. Any outstanding shares of Class A common stock and any warrants repurchased as part of this plan will be cancelled. As of March 31, 2025, the total share repurchase plan authorization is $190.0 million.

    Public Shareholders Contact
    Stacie Selinger
    sselinger@gcmlp.com
    312-506-6583

    Media Contact
    Tom Johnson and Abigail Ruck
    H/Advisors Abernathy
    tom.johnson@h-advisors.global / abigail.ruck@h-advisors.global
    212-371-5999

    Source: GCM Grosvenor

    The MIL Network –

  • MIL-OSI: Nametag Joins IDPro to Support the Future of Digital Identity

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, May 07, 2025 (GLOBE NEWSWIRE) — Nametag, the identity verification company on a mission to protect people’s accounts and foster trust in online interactions, today announced its sponsorship of IDPro®, a vibrant community of Identity & Access Management (IAM) practitioners. Nametag joins IDPro to support the dedicated people solving some of the most complex challenges in modern digital identity.

    Vendor-Neutral Community Empowers IAM Pros Building Digital Identity

    IDPro is a global professional association for people working in Identity & Access Management (IAM), digital identity, and cybersecurity. It provides vendor-neutral education through a continually updated Body of Knowledge, a globally recognized CIDPRO® (Certified Identity Professional) program, and a community that helps organizations and individuals grow their skills, build industry relationships, and provide a clear IAM career path.

    Generative AI, deepfakes, and nation state-backed infiltration campaigns are creating new challenges for IAM and cybersecurity experts. Today, it’s harder than ever to confidently verify that the users moving through enterprise systems are who they claim to be. As attackers find new ways to bypass outdated user authentication factors, identity verification (IDV) is increasingly being recognized as a critical foundation for establishing and maintaining trust in workforce identity environments.

    In this challenging environment, Nametag joins IDPro to support open dialogue, advance practitioner understanding, and help IAM and cybersecurity teams explore new use cases for identity verification.

    “I co-founded IDPro to help front-line security practitioners move beyond traditional approaches to user authentication. The advent of robust identity verification technology, particularly Nametag’s Deepfake Defense engine, represents a turning-point in the fight against identity fraud,” said Sarah Cecchetti, Co-founder of IDPro and Head of Product Strategy at Beyond Identity. “Nametag’s support of IDPro will provide a valuable resource for members exploring how they can leverage this powerful technology.”

    Others in the IDPro community also applaud Nametag’s innovation and collaborative ethos.

    “Staying ahead of today’s adversaries isn’t just about stronger technology solutions, it’s about stronger collaboration. That’s why IDPro is so important: it gives identity professionals a space to share what works, challenge assumptions, and raise the bar for everyone,” said Dean Saxe, Co-Chair of the FIDO Alliance Enterprise Deployment Working Group, Co-Chair of the IPSIE Working Group at the OpenID Foundation, and active IDPro member. “Nametag has consistently shown up with the kind of thoughtful innovation and information sharing that characterizes the IDPro community. I’m excited to see Nametag supporting IDPro and look forward to continued collaboration with their team.”

    “As identity verification and digital identity intertwine, we believe it’s critical that front-line practitioners take a central role in the development of these systems,” said Aaron Painter, CEO at Nametag. “IDPro is a passionate community of people who are setting the standards and creating the frameworks that will define the next generation of digital identity systems. We’re proud to support IDPro members to create the future of digital identity, where we believe the trust and assurance provided by Nametag’s Deepfake Defense identity verification will play a central role.”

    Learn more about IDPro and join the community at idpro.org.

    Learn more about Nametag’s technology and solutions at getnametag.com.

    About Nametag
    Nametag provides integrated identity verification and account protection solutions that prevent modern impersonation threats and streamline user experiences. Powered by Deepfake Defense™, Nametag detects and blocks sophisticated attacks which bypass other, outdated approaches to user verification, delivering the highest possible level of identity assurance. Nametag’s out-of-the-box solutions help enterprises secure their entire user account lifecycle, from onboarding through recovery, while ensuring compliance with the latest privacy standards. Security-conscious enterprises trust Nametag to protect their businesses and reduce IT and support costs. For more information, visit getnametag.com.

    Nametag Media Contact:
    press@nametag.co 

    The MIL Network –

  • MIL-OSI: Bamboo Insurance Enhances Customer Experience and Reduces Costs with ManageMy Digital Document Delivery Platform

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) — Bamboo Insurance, a trailblazer in the insurance industry, is proud to announce its collaboration with ManageMy, a provider of digital insurance platforms, to transform document delivery processes and elevate customer satisfaction.

    Timely and efficient digital document delivery is paramount for insurance policyholders. As part of their ongoing commitment to enhance customer experience and significantly reduce operational costs, Bamboo Insurance has partnered with ManageMy to implement a state-of-the-art digital document delivery platform.

    With the ManageMy platform, Bamboo Insurance policyholders can now access their policy documents and communications through digital channels. Bamboo is committed to ensuring that their customers can instantly retrieve and review their insurance information from any device at their convenience.

    The importance of digital document delivery extends beyond convenience—it’s also a cost-saving measure for insurers. By enhancing digital delivery channels, Bamboo Insurance can eliminate the expenses associated with printing, postage, and manual processing of paper documents. This reduces overhead costs and aligns with Bamboo’s commitment to sustainability by minimizing paper usage and carbon footprint.

    “We’re thrilled to partner with ManageMy to enhance our document delivery processes and improve our overall customer experience,” said Matt Sigman, Chief Innovation & Information Officer of Bamboo Insurance. “By leveraging their innovative platform, we’re not only meeting the evolving needs of our policyholders but also driving significant cost savings for our organization.”

    “The partnership with Bamboo Insurance marks an exciting milestone for ManageMy as we continue to empower insurers with innovative digital solutions,” said Josh Hall, Head of P&C Sales for ManageMy. “Our platform is designed to enhance customer experiences and drive tangible cost savings for insurers. We’re thrilled to support Bamboo in their journey towards digital transformation.”

    ManageMy’s digital platform empowers insurers like Bamboo to streamline operations, reduce administrative burdens, and allocate resources more efficiently. With customizable solutions tailored to Bamboo’s specific needs, ManageMy enables Bamboo Insurance to optimize its document delivery processes while maintaining the highest security and compliance standards.

    About Bamboo Insurance:

    Bamboo Insurance is a growth-oriented insurance organization on a mission to deliver an easy and innovative insurance experience with an unwavering focus on customer advocacy. Bamboo uses data and technology to simplify the insurance process, while enhancing transparency for partners and policyholders. For more information on Bamboo Insurance, visit their site at www.bambooinsurance.com.

    Bamboo Ide8 Insurance Services (“Bamboo”) is Managing General Agency licensed to sell property-casualty insurance products; NPN 18657046.

    About ManageMy:

    ManageMy is the digital platform insurance carriers rely on to increase sales, reduce costs, and improve customer satisfaction. Built around a powerful no-code API, ManageMy integrates easily with existing core systems, giving carriers the flexibility to configure insurance workflows and digital experiences to their specific needs—improving conversion, accelerating risk assessment, and driving retention.

    ManageMy is purpose-built for carriers to meet rising expectations for seamless, digital-first experiences, without overhauling their core.

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

    The MIL Network –

  • MIL-OSI: Testsigma announces autonomous testing capabilities – ushering in the era of agentic AI

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, May 07, 2025 (GLOBE NEWSWIRE) — Testsigma, the leading cloud-based testing platform, today introduced autonomous testing capabilities to its automation suite — powered by AI coworkers that collaborate with QA teams to simplify testing, speed up releases, and elevate software quality.

    The company also unveiled a brand-new Test Management product designed to empower QA teams to work with autonomy, with the support of AI agents that assist in planning, executing, optimizing, and reporting test cycles.

    With this launch, Testsigma becomes one of the first test automation platforms to offer end-to-end autonomous testing capabilities for both automation and manual testing teams, unifying workflows and accelerating quality at scale.

    Testsigma Dashboard.

    “We’ve always believed that testing should be accessible and intelligent. With this, we’re taking a major leap forward – putting AI agents in the hands of every tester, not just automation engineers,” said Rukmangada Kandyala, Founder and CEO of Testsigma. “Manual and automated testing are no longer separate silos. With agentic testing, QA becomes a fast-moving discipline that can keep up with modern development speeds.”

    Testsigma Founders: (L to R) Rajesh Reddy, Rukmangada Kandyala, Vikram Chaitanya P and Pratheep Velicherla.

    Autonomy for All QA Teams
    Testsigma’s AI-powered automation has already enabled hundreds of engineering teams to ship faster by generating and running test cases in plain English – no setup, no code required. Now, with the addition of its AI coworker Atto and a reimagined test management system, the platform becomes fully autonomous and inclusive.

    For Automation Teams:
    Atto is an AI coworker, mobilizing dozens of AI agents to autonomously generate tests from requirements, designs, code changes, and live applications. It runs tests at scale across browsers and devices, self-heals broken tests, analyzes failures, and surfaces actionable insights in real time. This approach integrates effortlessly into DevOps pipelines, enabling teams to test continuously and deliver reliable, high-quality software at speed.

    For Manual Testing Teams:
    The new Test Management product introduces agentic testing, where AI agents assist quality analysts throughout the testing lifecycle—analyzing requirements, generating test cases, executing test cases on the browser, tracking progress, surfacing gaps, and reporting bugs. It replaces decades-old test management tools, spreadsheets, and manual grunt work with intelligent, AI-assisted testing that’s faster, smarter, and efficient.

    Redefining the Role of AI in QA
    While most AI testing tools are limited to generating code, Testsigma takes a fundamentally different approach. Its AI agents are purpose-built to work autonomously across the entire testing lifecycle—dramatically boosting tester productivity. By offloading repetitive and procedural tasks to AI, Testsigma frees testers, regardless of technical background, to focus on higher-value work: understanding customers, providing richer context to agents, and driving strategic quality initiatives.

    “Development has accelerated rapidly, and testing speed is now non-negotiable. What Testsigma is launching with Agentic AI marks a true turning point.”, said Andrew Haitz, QA Engineer, Galactic Advisors. “We’re excited about the decision-making and autonomous execution capabilities that Agentic AI brings. This is the kind of leap QA has been waiting for.”

    Ends

    Media images can be found here. 

    About Testsigma
    Testsigma is an agentic test automation platform powered by AI coworkers that work alongside QA teams to simplify testing, accelerate releases and improve quality across web, mobile, desktop, API, and applications like Salesforce and SAP.

    At the core of Testsigma are Testsigma Copilot and Atto, an AI coworker for QA teams that mobilizes a team of AI agents to autonomously plan, design, develop, execute, maintain, and optimize tests. The platform also provides end-to-end agentic test management, powerful built-in features like visual testing, accessibility testing, cross-browser & cross-device testing, and seamless extensibility through 30+ native integrations and custom apps.

    Used by Nestlé, KFC, DHL, Samsung, Cisco, and more, Testsigma empowers quality engineering teams to speed up their testing effortlessly, thus ensuring high-quality software delivery with confidence.

    The MIL Network –

  • MIL-OSI: One Stop Systems Reports Q1 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    First quarter of 2025 consolidated gross margin increased 320 basis points year-over-year to 32.6%, on consolidated revenue of $12.3 million

    OSS segment gross margin of 45.5%, on OSS segment revenue of $5.2 million

    OSS segment experienced strong first-quarter bookings of $10.4 million

    Management continues to expect double-digit consolidated revenue growth in 2025 and consolidated EBITDA break even for the year

    ESCONDIDO, Calif., May 07, 2025 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (“OSS” or the “Company”) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML), autonomy and sensor processing at the edge, reported results for the three-month period ended March 31, 2025. Comparisons for the three-month periods are to the same year-ago periods unless otherwise noted.

    “Our OSS segment achieved strong bookings during the first quarter of 2025, driven by growing demand from both new and existing commercial and defense customers. This positive trend highlights increased interest in our Enterprise Class compute solutions and validates our strategic focus on building multi-year, predictable revenue streams. Higher OSS segment orders are particularly encouraging amid ongoing uncertainty in business and government spending. Momentum remains strong, as the programs we are pursuing closely align with our customers’ evolving priorities on AI, ML, autonomy and sensor processing at the Edge,” stated OSS President and CEO, Mike Knowles.

    “As expected, our consolidated gross margin improved year-over-year and from the fourth quarter of 2024, supported by a 45.5% gross margin at our OSS segment, associated with a more profitable mix of products. While near-term market conditions affected the timing of certain OSS segment orders anticipated for the first and second quarters of 2025, we remain on track to achieve our 2025 annual guidance. In addition, we expect bookings to remain strong throughout the year within our OSS segment and support profitable revenue growth in the second half of 2025 and into 2026,” concluded Mr. Knowles.

    2025 First-Quarter Financial Summary

    Consolidated revenue was $12.3 million, compared to $12.7 million in the first quarter of 2024. OSS segment revenue decreased 5.9%, as compared to the same period in 2024, primarily due to lower volume of shipments to a commercial aerospace customer, partially offset by higher volume of shipments to a defense customer. Bressner segment revenue decreased $65,637, or 0.9%, as compared to the same period in 2024.

    The following table sets forth net revenue by segment for the three months ended March 31, 2025, and March 31, 2024 (Dollars may not calculate due to rounding):

      Three Months Ended

    Entity:

    		 March 31,
    2025    		   % of Net
    Revenue    		   March 31,
    2024    		  
    % of Net
    Revenue
    		   %
    Change
    OSS $ 5,206,810       42.5 %   $ 5,533,872       43.7 %     (5.9 )%
    Bressner   7,052,277       57.5 %     7,117,914       56.3 %     (0.9 )%
    Total net revenue $ 12,259,088       100.0 %   $ 12,651,786       100.0 %     (3.1 )%
                                           

    Consolidated gross margin percentage was 32.6% for the three months ended March 31, 2025, compared to 29.4% in the prior year quarter. On a segment basis, the OSS segment had a gross margin of 45.5%, an increase of 11.3 percentage points as compared to the prior year of 34.2%. The increase in OSS segment gross margin was primarily due to higher volume of certain higher margin data storage units and componentry shipped in the quarter. The Company’s Bressner segment had a gross margin percentage of 23.1%, compared to 25.7% in the same period last year, due to product mix.

    Total operating expenses increased 19.2% to $5.9 million. This increase was predominantly attributable to higher marketing and selling costs due to an increase in personnel costs from the additions in headcount made during 2024 as well as an increase in research and development costs driven by higher engineering labor to support new product development.

    The Company reported a net loss of $2.0 million, or $(0.09) per share, as compared to a net loss of $1.3 million, or $(0.06) per share, in the prior year period.

    Adjusted EBITDA, a non-GAAP metric, was a loss of $1.1 million, compared to adjusted EBITDA loss of $500,452 in the prior year period.

    As of March 31, 2025, the Company reported cash and short-term investments of $9.1 million and total working capital of $23.1 million, compared to cash and short-term investments of $10.0 million and total working capital of $24.0 million at December 31, 2024.

    2025 Full Year Outlook

    OSS is executing a strategic plan targeting both commercial and defense markets, aiming to provide integrated solutions and establish OSS as a platform incumbent on large, multi-year programs. This approach is expected to drive long-term value by increasing predictable, recurring revenue and building a strong, multi-year backlog.

    As a result of OSS’ multi-year strategy, the Company continues to anticipate consolidated revenue of $59 to $61 million for the full year of 2025. This includes expected OSS segment revenue of approximately $30 million, representing over 20% year-over-year growth. In addition, the Company expects to be EBITDA break-even for the full year of 2025. Management expects revenue and profitability to improve at a higher rate in the second half of 2025 based on current trends and the Company’s expanding sales pipeline.

    Conference Call

    OSS will hold a conference call to discuss its results for the first quarter of 2025, followed by a question-and-answer period.

    Date: Wednesday, May 7, 2025
    Time: 10:00 a.m. ET (7:00 a.m. PT)
    Toll-free dial-in: 1-800-717-1738
    International dial-in: 1-646-307-1865
    Conference ID: 57745 (required for entry)
    Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1710966&tp_key=28a1f0fc7f

    A replay of the call will be available after 1:00 p.m. ET on May 7, 2025, through May 21, 2025.

    Toll-free replay: 1-844-512-2921
    International replay: 1-412-317-6671
    Passcode: 1157745

    About One Stop Systems

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

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

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

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

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

    Non-GAAP Financial Measures

    We believe that the use of adjusted earnings before interest, taxes, depreciation and amortization, or adjusted EBITDA, is helpful for an investor to assess the performance of the Company. The Company defines adjusted EBITDA as income (loss) before interest, taxes, depreciation, amortization, acquisition expense, impairment of long-lived assets, financing costs, government funded programs, fair value adjustments from purchase accounting, stock-based compensation expense, and expenses related to discontinued operations.

    Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles in the United States, or GAAP. Because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact a company’s non-cash operating expenses, we believe that providing a non-GAAP financial measure that excludes non-cash and non-recurring expenses allows for meaningful comparisons between our core business operating results and those of other companies, as well as providing us with an important tool for financial and operational decision making and for evaluating our own core business operating results over different periods of time.

    Our adjusted EBITDA measure may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring and unusual items. Our adjusted EBITDA is not a measurement of financial performance under GAAP, and should not be considered as an alternative to operating income or as an indication of operating performance or any other measure of performance derived in accordance with GAAP. We do not consider adjusted EBITDA to be a substitute for, or superior to, the information provided by GAAP financial results.

      For the Three Months Ended March 31,
        2025       2024  
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Depreciation   223,847       289,547  
    Amortization of right-of-use assets net of change in lease liability   (2,032 )     55,997  
    Stock-based compensation expense   612,561       408,740  
    Interest expense   14,186       35,342  
    Interest income   (72,511 )     (141,725 )
    Provision for income taxes   109,466       191,269  
    Adjusted EBITDA $ (1,132,116 )   $ (500,452 )
           

    (Dollars may not calculate due to rounding)

    Adjusted EPS excludes the impact of certain items and, therefore, has not been calculated in accordance with GAAP. We believe that exclusion of certain selected items assists in providing a more complete understanding of our underlying results and trends and allows for comparability with our peer company index and industry. We use this measure along with the corresponding GAAP financial measures to manage our business and to evaluate our performance compared to prior periods and the marketplace. The Company defines non-GAAP income (loss) as income or (loss) before amortization, government funded programs, impairment of long lived assets, stock-based compensation, expenses related to discontinued operations, and acquisition costs. Adjusted EPS expresses adjusted income (loss) on a per share basis using weighted average diluted shares outstanding.

    Adjusted EPS is a non-GAAP financial measure and should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP. These non-GAAP financial measures may not be computed in the same manner as similarly titled measures used by other companies. We expect to continue to incur expenses similar to the adjusted income from continuing operations and adjusted EPS financial adjustments described above, and investors should not infer from our presentation of these non-GAAP financial measures that these costs are unusual, infrequent or non-recurring.

    The following table reconciles non-GAAP net income and basic and diluted earnings per share:

      For the Three Months Ended March 31,
        2025       2024  
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Stock-based compensation expense   612,561       408,740  
    Non-GAAP net loss $ (1,405,073 )   $ (930,882 )
    Non-GAAP net loss per share:      
    Basic $ (0.07 )   $ (0.04 )
    Diluted $ (0.07 )   $ (0.04 )
    Weighted average common shares outstanding:      
    Basic   21,384,599       20,709,234  
    Diluted   21,384,599       20,709,234  
     

    (Dollars may not calculate due to rounding)

    Forward-Looking Statements

    OSS cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. . Words such as, but not limited to, “anticipate,” “aim,” “believe,” “contemplate,” “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include but are not limited to those relating to increased sales and revenues, non-GAAP financial measures, our multi-year strategy, increase in margins, and operating expenses. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by OSS or its partners that any of our plans or expectations will be achieved. Factors that could interfere with our ability to achieve our plans or expectations , include but are not limited to, our ability to expand our product offerings and further penetrate our target markets, future demand for AI/ML integrations, global socio-economic challenges, stock market uncertainty or volatility, reductions in business and/or government spending, and changes in our business strategies, management and/or senior leadership. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our latest Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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

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

    ONE STOP SYSTEMS, INC. (OSS)
    CONSOLIDATED BALANCE SHEETS
     
      Unaudited   Audited
      March 31,   December 31,
        2025       2024  
    ASSETS      
    Current assets      
    Cash and cash equivalents $ 6,498,468     $ 6,794,093  
    Short-term investments   2,620,169       3,217,065  
    Accounts receivable, net   7,245,983       8,177,371  
    Inventories, net   15,099,479       13,176,156  
    Prepaid expenses and other current assets   1,178,620       836,364  
    Total current assets   32,642,719       32,201,048  
    Property and equipment, net   1,472,160       1,669,026  
    Operating lease right-of use assets   1,463,099       1,536,094  
    Deposits and other   38,093       38,093  
    Goodwill   1,489,722       1,489,722  
    Total Assets $ 37,105,793     $ 36,933,982  
           
    LIABILITIES AND STOCKHOLDERS’ EQUITY      
    Current liabilities      
    Accounts payable $ 4,475,684     $ 2,068,017  
    Accrued expenses and other liabilities   3,730,499       4,806,675  
    Current portion of operating lease obligation   272,865       285,937  
    Current portion of notes payable   1,079,484       1,035,050  
    Total current liabilities   9,558,532       8,195,679  
    Deferred tax liability, net   45,572       52,574  
    Operating lease obligation, net of current portion   1,451,728       1,513,684  
    Total liabilities   11,055,832       9,761,937  
    Commitments and contingencies      
    Stockholders’ equity      
    Common stock, $0.0001 par value; 50,000,000 shares authorized; 21,582,196 and 21,148,810 shares issued and outstanding   2,158       2,115  
    Additional paid-in capital   49,824,911       49,082,737  
    Accumulated other comprehensive income   293,587       140,254  
    Accumulated deficit   (24,070,695 )     (22,053,061 )
    Total stockholders’ equity   26,049,961       27,172,045  
    Total Liabilities and Stockholders’ Equity $ 37,105,793     $ 36,933,982  
           
    ONE STOP SYSTEMS, INC. (OSS)
    UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Dollars may not calculate due to rounding)
     
      For the Three Months Ended March 31,
        2025       2024  
    Revenue:      
    Product $ 11,848,713     $ 12,287,046  
    Customer funded development   410,375       364,740  
        12,259,088       12,651,786  
    Cost of revenue:      
    Product   7,912,314       8,818,756  
    Customer funded development   349,782       109,737  
        8,262,096       8,928,493  
    Gross profit   3,996,992       3,723,293  
    Operating expenses:      
    General and administrative   2,366,369       2,094,317  
    Marketing and selling   2,218,190       1,920,113  
    Research and development   1,357,293       970,877  
    Total operating expenses   5,941,852       4,985,307  
    Loss from operations   (1,944,860 )     (1,262,014 )
    Other (expense) income, net:      
    Interest income   72,511       141,725  
    Interest expense   (14,186 )     (35,342 )
    Other (expense) income, net   (21,633 )     7,278  
    Total other income, net   36,692       113,661  
    Loss before income taxes   (1,908,168 )     (1,148,353 )
    Provision for income taxes   109,466       191,269  
    Net loss $ (2,017,634 )   $ (1,339,622 )
           
    Net loss per share:      
    Basic $ (0.09 )   $ (0.06 )
    Diluted $ (0.09 )   $ (0.06 )
           
    Weighted average common shares outstanding:      
    Basic   21,384,599       20,709,234  
    Diluted   21,384,599       20,709,234  
           
    ONE STOP SYSTEMS, INC. (OSS)
    UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
     
      For the Three Months Ended March 31,
        2025       2024  
    Cash flows from operating activities:      
    Net loss $ (2,017,634 )   $ (1,339,622 )
    Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
    Deferred income taxes   1,737       (188,674 )
    Loss on disposal of property and equipment   –       354  
    Provision for bad debt   (100 )     –  
    Warranty reserves   –       (15,000 )
    Depreciation   223,847       289,547  
    Amortization of right-of-use assets   76,825       100,138  
    Inventory reserves   (146,200 )     94,063  
    Stock-based compensation expense   612,561       408,740  
    Changes in operating assets and liabilities:      
    Accounts receivable   1,068,100       842,057  
    Inventories   (1,418,185 )     (66,013 )
    Prepaid expenses and other current assets   (332,400 )     (224,116 )
    Accounts payable   2,336,310       1,486,003  
    Accrued expenses and other liabilities   (1,461,601 )     700,041  
    Operating lease liabilities   (78,857 )     (44,141 )
    Net cash (used in) provided by operating activities   (1,135,596 )     2,043,378  
           
    Cash flows from investing activities:      
    Redemption of short-term investment grade securities   597,288       1,811,364  
    Purchases of property and equipment, including capitalization of labor costs for test equipment and ERP   (12,793 )     (167,168 )
    Net cash provided by investing activities   584,495       1,644,196  
           
    Cash flows from financing activities:      
    Proceeds from exercise of stock options and warrants   373,310       127,350  
    Payment of payroll taxes on net issuance of employee stock options   (243,654 )     (246,376 )
    Repayments on notes payable   –       (680,948 )
    Net cash provided by (used in) financing activities   129,656       (799,974 )
           
    Net change in cash and cash equivalents   (421,445 )     2,887,600  
    Effect of exchange rates on cash   125,820       (32,446 )
    Cash and cash equivalents, beginning of period   6,794,093       4,048,948  
    Cash and cash equivalents, end of period $ 6,498,468     $ 6,904,102  

    The MIL Network –

  • MIL-OSI: Genesis Model Context Protocol Server Enables AI-Driven Automation and Innovation in Financial Markets

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Genesis Global launched a Model Context Protocol (MCP) Server to govern how AI agents interface with software built with the Genesis Application Platform.

    MCP is an open protocol that standardizes how software applications provide context to LLMs. Excitement for MCP is growing in the financial sector as firms see its potential to amplify the utility and value of their software investments.

    “It’s widely accepted that AI is set to transform the financial industry. But to unlock its full potential, firms need more than just smart models – they need smart software infrastructure,” said Stephen Murphy, CEO and co-founder of Genesis Global. “Enabling AI agents to safely interface with applications is a powerful opportunity for innovation through intelligent integrations and helps users get more horsepower from existing technologies. Our MCP Server is the latest example of AI becoming fundamental to our platform.”

    The Genesis MCP Server is a controlled gateway that makes Genesis applications discoverable to a firm’s AI tools and enables selective AI-driven actions within the application.

    By design, the Genesis Application Platform provides guardrails to make AI a predictable and compliant actor within the platform and, by extension, clients’ technology ecosystems. Application owners have complete control over the Genesis MCP Server and can specify which application functions AI agents can access. In addition, all interactions via the Genesis MCP Server can be subject to the same permissions and entitlements model as the underlying application. It also supports human-in-the-loop capabilities for people to approve AI actions.

    “Just as REST enabled APIs to transform how software was deployed, MCP can help financial firms unlock new levels of innovation, connectivity and efficiency,” said Tej Sidhu, Chief Technology Officer at Genesis Global. “Our MCP Server gives users maximum control over how AI can interact with a Genesis application, enabling our clients to experiment and innovate without compromising the governance of their technology.”

    The MCP Server empowers Genesis application users to be more innovative and productive by allowing them to:

    • Create complex business outcomes by combining operations from Genesis and other MCP-enabled applications
    • Extract Genesis application data and use LLMs to perform actions on it (e.g., summarize, aggregate, format, transform, etc.)
    • Interact with an application from a conversational interface

    The MCP Server is part of the high-performance runtime delivered by the Genesis Application Platform. It is an optional integration for all Genesis applications running on versions 8.11+ of Genesis.

    Genesis applications do not need reconfiguration to operate with an MCP Server.

    A short Genesis video shows the interplay between an AI agent, MCP Server and the connected application.

    About Genesis Global
    Genesis Global enables financial markets organizations to innovate at speed through its software application development platform and deep expertise in capital markets and financial services.

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

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

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

    The MIL Network –

  • MIL-OSI: Asset Entities to Merge with Strive Asset Management to Form the First Publicly Traded Asset Management Bitcoin Treasury Company

    Source: GlobeNewswire (MIL-OSI)

    The combined company will focus over time on maximizing Bitcoin exposure per share and seek to outperform Bitcoin over the long run and maximize value for common equity shareholders.

    More information provided about Strive Asset Management’s business at Strive.com.

    Strive CEO Matt Cole to present transaction and company strategy at Strategy World conference today at 2:15 pm ET (livestream).

    DALLAS, May 07, 2025 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services, today announced that it has entered into a definitive merger agreement with Strive Asset Management.

    The combined company will operate under the Strive brand, remain listed on NASDAQ, and become a public Bitcoin Treasury Company.

    Strive Asset Management intends to use all available mechanisms to build a Bitcoin war chest in a minimally dilutive manner to common shareholders and build a long-term investment approach designed to outperform Bitcoin, by using Bitcoin itself as the hurdle rate for capital deployment.

    Strive Asset Management will leverage its institutional investment expertise to implement proprietary strategies to fuel Bitcoin accumulation in accretive ways. Such strategies include the planned first-of-its-kind offer of combined company equity in exchange for Bitcoin in a manner that is intended to be tax-free to investors under Section 351 of the U.S. tax code; acquiring cash at a discount through mergers with overcapitalized companies; and unlocking additional leverage to accumulate Bitcoin, while hedging risk in novel ways using in-house fixed income and derivatives expertise.

    The reverse merger structure is expected to give the company immediate access to an effective shelf registration statement to raise primary capital from and after the closing of the transaction, which the company plans to expand to $1 billion following the closing in order to accumulate Bitcoin through both equity and debt offerings, to be used when accretive to common equity. The ability to raise capital under the effective shelf registration statement is a competitive advantage versus other newly formed Bitcoin treasury companies.

    The combined company plans to accumulate Bitcoin with a first-of-its-kind offering, allowing Bitcoin holders to contribute Bitcoin in exchange for public stock through a structure that is intended to be a tax-free Section 351 exchange — a provision of the U.S. tax code that enables appreciated assets to be contributed tax-free to a corporation in exchange for stock (subject to conditions and personal tax circumstances).

    Subject to market conditions and final structuring, it is currently expected that there will be no markup to the deal transaction price for participants in this exchange. This offer is expected to be open only to certain accredited investors prior to closing of the transaction.

    Matt Cole will lead the company as CEO and Chairman of the Board. With extensive institutional experience as a former $70 billion fixed income portfolio manager specializing in complex structured securities, Matt’s background enables SAM to innovate strategically, employing novel, accretive Bitcoin accumulation methods designed to enhance shareholder value previously unseen in Bitcoin treasury corporations.

    The SAM management team also includes Ben Pham as CFO, Arshia Sarkhani, the current CEO of Asset Entities, as CMO, and Logan Beirne as CLO. Each of these leaders will serve on SAM’s board of directors. Strive Asset Management also plans to add respected Bitcoin leaders Ben Werkman, Jeff Walton, and Avik Roy as independent board directors.

    “We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of corporate Bitcoin treasury strategies,” said Arshia Sarkhani, President and CEO of Asset Entities. “Our strength in building and activating online communities across Discord and other platforms uniquely positions us to drive education, engagement, and adoption of Bitcoin-centric financial models. This merger empowers us to amplify Strive’s bold mission while delivering transformative value to shareholders.”

    Strive Asset Management built its strong brand on advocacy for capitalism, meritocracy, and innovation which reshaped corporate America. The company will always unapologetically stand for these foundational principles in its pursuit to maximize value for shareholders. Since its founding in 2022, the company has quickly amassed ~$2B assets under management, as it led efforts to roll back ESG mandates in boardrooms across America.

    Now, Strive Asset Management is applying that same winning playbook to lead a new transformation: corporate adoption of Bitcoin treasuries. SAM plans to advocate for all of the publicly traded companies in its funds to incorporate a Bitcoin treasury strategy in order to maximize long run shareholder value.

    • The combination of Strive Asset Management and Asset Entities is a strategic step to advance the foregoing strategy.

    Strive Enterprises, Inc., co-founded by Vivek Ramaswamy, will remain a privately held company and continue to expand its wealth management business. Before factoring in the contemplated Bitcoin-for-stock exchange and any additional financing, Strive Enterprises will own approximately 94.2 % of the public company and the legacy shareholders of Asset Entities will own the remaining 5.8%. Financings will proportionally dilute both Strive Enterprises and shareholders of Asset Entities.

    Davis Polk & Wardwell LLP is serving as legal counsel to SAM in connection with the transaction and Bevilacqua PLLC served as legal counsel to Asset Entities in connection with the transaction.

    To learn about Asset Entities, please go to www.assetentities.com. To learn about the Ternary payment platform, please go to www.ternarydev.com. To learn about Asset Entities 360 suite of discord services, go to https://www.ae360ddm.com/ and https://discord.gg/ae360ddm.

    About Asset Entities, Inc. 

    Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X at $ASST and @assetentities.

    About Strive Enterprises

    Co-founded in 2022 by Vivek Ramaswamy, Strive Enterprises, Inc. is a financial services firm with a mission to maximize value for clients through unapologetic capitalism.

    Strive Asset Management, the asset management subsidiary, has quickly grown to manage ~$2 billion in assets, competing with the world’s largest financial institutions. Strive Enterprises, Inc. recently launched a wealth management division that will remain private. Learn more at strive.com.

    Company Contacts:

    Arshia Sarkhani, President and Chief Executive Officer
    Michael Gaubert, Executive Chairman
    Asset Entities Inc.
    Tel +1 (214) 459-3117 
    Email Contact

    Investor Contact:

    Skyline Corporate Communications Group, LLC
    Scott Powell, President
    1177 Avenue of the Americas, 5th Floor
    New York, NY 10036
    Office: (646) 893-5835
    Email: info@skylineccg.com

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements herein and the documents incorporated herein by reference may constitute “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 (the “Exchange Act”), 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 regarding the outlook and expectations of Strive Enterprises, Inc. (“Strive Enterprises”) and ASST, respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive Enterprises, ASST or their respective management about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions include, among others, the following:

    • 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 between Strive Enterprises, ASST and the other parties thereto;
    • the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not received or satisfied on a timely basis or at all;
    • the outcome of any legal proceedings that may be instituted against Strive Enterprises or ASST or the combined company;
    • the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Strive Enterprises or ASST operate;
    • 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;
    • potential adverse reactions of Strive Enterprises’ or ASST’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction;
    • changes in ASST’s share price before closing;
    • other factors that may affect future results of Strive Enterprises, ASST or the combined company.

    These factors are not necessarily all of the factors that could cause Strive Enterprises’, ASST’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive Enterprises’, ASST’s or the combined company’s results.

    Although each of Strive Enterprises and ASST believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive Enterprises or ASST will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in ASST’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024, quarterly reports on Form 10-Q, and other documents subsequently filed by ASST with the Securities Exchange Commission (the “SEC”). The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive Enterprises, ASST or their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements speak only as of the date they are made and Strive Enterprises and ASST undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

    Additional Information and Where to Find It

    In connection with the proposed transaction, ASST intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement”) to register the common stock to be issued by ASST in connection with the proposed transaction and that will include a proxy statement of ASST and a prospectus of ASST (the “Proxy Statement/Prospectus”), and each of Strive Enterprises and ASST may file with the SEC other relevant documents concerning the proposed transaction. A definitive Proxy Statement/Prospectus will be sent to the stockholders of ASST to seek their approval of the proposed transaction. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF ASST ARE URGED TO READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STRIVE ENTERPRISES, ASST AND THE PROPOSED TRANSACTION AND RELATED MATTERS.

    A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other filings containing information about Strive Enterprises and ASST, may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You will also be able to obtain these documents, when they are filed, free of charge, from ASST by accessing ASST’s website at https://www.assetentities.com/. Copies of the Registration Statement, the Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to ASST’s Investor Relations department at 100 Crescent Court, 7th floor, Dallas, TX 75201 or by calling (214) 459-3117 or emailing web@assetentities.com. The information on Strive Enterprises’ or ASST’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

    Strive Enterprises, ASST and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of ASST in connection with the proposed transaction. Information about the interests of the directors and executive officers of Strive Enterprises and ASST and other persons who may be deemed to be participants in the solicitation of stockholders of ASST in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Information about the directors and executive officers of ASST, their ownership of ASST common stock, and ASST’s transactions with related persons is set forth in the section entitled “Board of Directors and Corporate Governance,” “Executive Officers of the Company,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” “Executive Compensation,” and “Certain Relationships and Related Transactions” included in ASST’s definitive proxy statement in connection with its 2024 Annual Meeting of Stockholders, as filed with the SEC on August 22, 2024.

    No Offer or Solicitation

    This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of 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 pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

    The MIL Network –

  • MIL-OSI: Greystone Housing Impact Investors Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    OMAHA, Neb., May 07, 2025 (GLOBE NEWSWIRE) — On May 7, 2025, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months ended March 31, 2025.

    Financial Highlights

    The Partnership reported the following results as of and for the three months ended March 31, 2025:

    • Net income of $0.11 per Beneficial Unit Certificate (“BUC”), basic and diluted
    • Cash Available for Distribution (“CAD”) of $0.31 per BUC
    • Total assets of $1.54 billion
    • Total Mortgage Revenue Bond (“MRB”) and Governmental Issuer Loan (“GIL”) investments of $1.18 billion

    The difference between reported net income per BUC and CAD per BUC is primarily due to the treatment of unrealized losses on the Partnership’s interest rate derivative positions. Unrealized losses of approximately $3.9 million are included in net income for the three months ended March 31, 2025. Unrealized losses are a result of the impact of decreased market interest rates on the calculated fair value of the Partnership’s interest rate derivative positions. Unrealized gains and losses do not affect our cash earnings and are added back to net income when calculating the Partnership’s CAD. The Partnership received net cash from its interest rate derivative positions totaling approximately $847,000 during the first quarter.

    In March 2025, the Partnership announced that the Board of Managers of Greystone AF Manager LLC declared a regular quarterly distribution to the Partnership’s BUC holders of $0.37 per BUC. The distribution was paid on April 30, 2025, to BUC holders of record as of the close of trading on March 31, 2025.

    Management Remarks

    “We continue to evaluate investment opportunities despite continuing market volatility,” said Kenneth C. Rogozinski, the Partnership’s Chief Executive Officer.  “Our successful Series B Preferred Units issuance provides low-cost, non-dilutive capital for us to deploy into accretive investment opportunities. In addition, the dedicated pool of capital that we have from the new BlackRock construction lending joint venture is a powerful tool for us to serve our affordable housing developer relationship base.”

    Recent Investment and Financing Activity

    The Partnership reported the following updates for the first quarter of 2025:

    • Advanced funds on MRB and taxable MRB investments totaling $21.5 million, offset by an MRB redemption of approximately $10.4 million.
    • Advanced funds on GIL and taxable GIL investments totaling $39.1 million.
    • GIL, taxable GIL, and property loan redemptions and paydowns totaling approximately $102.7 million.
    • Advanced net funds to joint venture equity investments totaling $5.6 million.
    • Received proceeds of $14.2 million upon sale of Vantage at Tomball, inclusive of return of capital and accrued preferred return.
    • Issued $20 million Series B Preferred Units with an annual distribution rate of 5.75% to an existing investor.

    In May 2025, the managing member of Vantage at Helotes sold the property to a governmental entity who in turn leased the property to a non-profit entity. That non-profit entity financed its purchase of the leasehold interest by issuing tax-exempt and taxable bonds. The Partnership received gross proceeds of approximately $17.1 million, inclusive of the return of capital contributions and accrued preferred return. The Partnership expects to recognize investment income of approximately $1.8 million and a gain on sale of approximately $163,000 in the second quarter of 2025, before settlement of final proceeds and expenses. The Partnership expects to recognize approximately $0.08 of net income per BUC, basic and diluted, and CAD per BUC, based on the number of BUCs outstanding on the date of sale.

    Investment Portfolio Updates

    The Partnership announced the following updates regarding its investment portfolio:

    • All MRB and GIL investments are current on contractual principal and interest payments and the Partnership has received no requests for forbearance of contractual principal and interest payments from borrowers as of March 31, 2025
    • The Partnership continues to execute its hedging strategy, primarily through interest rate swaps, to reduce the impact of changing market interest rates.
    • Six joint venture equity investment properties have completed construction, with three properties having previously achieved 90% occupancy. Four of the Partnership’s joint venture equity investments are currently under construction or in development, with none having experienced material supply chain disruptions for either construction materials or labor to date.

    Earnings Webcast & Conference Call

    The Partnership will host a conference call for investors on Wednesday, May 7, 2025 at 4:30 p.m. Eastern Time to discuss the Partnership’s First Quarter 2025 results.

    For those interested in participating in the question-and-answer session, participants may dial-in toll free at (877) 407-8813. International participants may dial-in at +1 (201) 689-8521. No pin or code number is needed.

    The call is also being webcast live in listen-only mode. The webcast can be accessed via the Partnership’s website under “Events & Presentations” or via the following link:
    https://event.choruscall.com/mediaframe/webcast.html?webcastid=a4hicNZA

    It is recommended that you join 15 minutes before the conference call begins (although you may register, dial-in or access the webcast at any time during the call).

    A recorded replay of the webcast will be made available on the Partnership’s Investor Relations website at http://www.ghiinvestors.com.

    About Greystone Housing Impact Investors LP

    Greystone Housing Impact Investors LP was formed in 1998 under the Delaware Revised Uniform Limited Partnership Act for the primary purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, seniors and student housing properties. The Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis. The Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes. The Partnership seeks to achieve its investment growth strategy by investing in additional mortgage revenue bonds and other investments as permitted by its Second Amended and Restated Limited Partnership Agreement, dated December 5, 2022 (the “Partnership Agreement”), taking advantage of attractive financing structures available in the securities market, and entering into interest rate risk management instruments. Greystone Housing Impact Investors LP press releases are available at www.ghiinvestors.com.

    Safe Harbor Statement

    Certain statements in this press release are intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by use of statements that include, but are not limited to, phrases such as “believe,” “expect,” “future,” “anticipate,” “intend,” “plan,” “foresee,” “may,” “should,” “will,” “estimates,” “potential,” “continue,” or other similar words or phrases. Similarly, statements that describe objectives, plans, or goals also are forward-looking statements. Such forward-looking statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Partnership. The Partnership cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, implied, or projected by such forward-looking statements. Risks and uncertainties include, but are not limited to: defaults on the mortgage loans securing our mortgage revenue bonds and governmental issuer loans; the competitive environment in which the Partnership operates; risks associated with investing in multifamily, student, senior citizen residential properties and commercial properties; general economic, geopolitical, and financial conditions, including the current and future impact of changing interest rates, inflation, and international conflicts (including the Russia-Ukraine war and the Israel-Hamas war) on business operations, employment, and financial conditions; uncertain conditions within the domestic and international macroeconomic environment, including monetary and fiscal policy and conditions in the investment, credit, interest rate, and derivatives markets; any effects on our business resulting from new U.S. domestic or foreign governmental trade measures, including but not limited to tariffs, import and export controls, foreign exchange intervention accomplished to offset the effects of trade policy or in response to currency volatility, and other restrictions on free trade; adverse reactions in U.S. financial markets related to actions of foreign central banks or the economic performance of foreign economies, including in particular China, Japan, the European Union, and the United Kingdom; the general condition of the real estate markets in the regions in which the Partnership operates, which may be unfavorably impacted by pressures in the commercial real estate sector, incrementally higher unemployment rates, persistent elevated inflation levels, and other factors; changes in interest rates and credit spreads, as well as the success of any hedging strategies the Partnership may undertake in relation to such changes, and the effect such changes may have on the relative spreads between the yield on investments and cost of financing; the aggregate effect of elevated inflation levels over the past several years, spurred by multiple factors including expansionary monetary and fiscal policy, higher commodity prices, a tight labor market, and low residential vacancy rates, which may result in continued elevated interest rate levels and increased market volatility; the Partnership’s ability to access debt and equity capital to finance its assets; current maturities of the Partnership’s financing arrangements and the Partnership’s ability to renew or refinance such financing arrangements; local, regional, national and international economic and credit market conditions; recapture of previously issued Low Income Housing Tax Credits in accordance with Section 42 of the Internal Revenue Code; geographic concentration of properties related to investments held by the Partnership; changes in the U.S. corporate tax code and other government regulations affecting the Partnership’s business; and the other risks detailed in the Partnership’s SEC filings (including but not limited to, the Partnership’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K). Readers are urged to consider these factors carefully in evaluating the forward-looking statements.

    If any of these risks or uncertainties materializes or if any of the assumptions underlying such forward-looking statements proves to be incorrect, the developments and future events concerning the Partnership set forth in this press release may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this document. We anticipate that subsequent events and developments will cause our expectations and beliefs to change. The Partnership assumes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, unless obligated to do so under the federal securities laws.

     
     
    GREYSTONE HOUSING IMPACT INVESTORS LP
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (UNAUDITED)
     
        For the Three Months Ended March 31,    
        2025     2024    
    Revenues:              
    Investment income   $ 21,878,167     $ 19,272,345    
    Other interest income     2,288,165       3,003,838    
    Other income     958,825       94,471    
    Total revenues     25,125,157       22,370,654    
    Expenses:              
    Provision for credit losses     (172,000 )     (806,000 )  
    Depreciation     3,542       5,967    
    Interest expense     14,134,816       13,803,935    
    Net result from derivative transactions     3,036,137       (6,267,664 )  
    General and administrative     4,570,261       4,930,388    
    Total expenses     21,572,756       11,666,626    
    Other income:              
    Gain on sale of investments in unconsolidated entities     5,220       50,000    
    Earnings (losses) from investments in unconsolidated entities     (233,334 )     (106,845 )  
    Income before income taxes     3,324,287       10,647,183    
    Income tax benefit     (2,733 )     (1,198 )  
    Net income     3,327,020       10,648,381    
    Redeemable Preferred Unit distributions and accretion     (760,679 )     (767,241 )  
    Net income available to Partners   $ 2,566,341     $ 9,881,140    
                   
    Net income available to Partners allocated to:              
    General Partner   $ 25,611     $ 98,311    
    Limited Partners – BUCs     2,483,685       9,725,097    
    Limited Partners – Restricted units     57,045       57,732    
        $ 2,566,341     $ 9,881,140    
    BUC holders’ interest in net income per BUC, basic and diluted   $ 0.11     $ 0.42   *
    Weighted average number of BUCs outstanding, basic     23,171,226       23,000,754   *
    Weighted average number of BUCs outstanding, diluted     23,171,226       23,000,754   *
    * The amounts indicated above have been adjusted to reflect the distribution completed on April 30, 2024 in the form of additional BUCs at a ratio of 0.00417 BUCs for each BUC outstanding as of March 28, 2024 on a retroactive basis.
       

    Disclosure Regarding Non-GAAP Measures – Cash Available for Distribution

    The Partnership believes that CAD provides relevant information about the Partnership’s operations and is necessary, along with net income, for understanding its operating results. To calculate CAD, the Partnership begins with net income as computed in accordance with GAAP and adjusts for non-cash expenses or income consisting of depreciation expense, amortization expense related to deferred financing costs, amortization of premiums and discounts, fair value adjustments to derivative instruments, provisions for credit and loan losses, impairments on MRBs, GILs, real estate assets and property loans, deferred income tax expense (benefit), and restricted unit compensation expense. The Partnership also adjusts net income for the Partnership’s share of (earnings) losses of investments in unconsolidated entities as such amounts are primarily depreciation expenses and development costs that are expected to be recovered upon an exit event. The Partnership also deducts Tier 2 income (see Note 22 to the Partnership’s condensed consolidated financial statements) distributable to the General Partner as defined in the Partnership Agreement and distributions and accretion for the Preferred Units. Net income is the GAAP measure most comparable to CAD. There is no generally accepted methodology for computing CAD, and the Partnership’s computation of CAD may not be comparable to CAD reported by other companies. Although the Partnership considers CAD to be a useful measure of the Partnership’s operating performance, CAD is a non-GAAP measure that should not be considered as an alternative to net income calculated in accordance with GAAP, or any other measures of financial performance presented in accordance with GAAP.

    The following table shows the calculation of CAD (and a reconciliation of the Partnership’s net income, as determined in accordance with GAAP, to CAD) for the three months ended March 31, 2025 and 2024 (all per BUC amounts are presented giving effect to the BUCs Distributions described in Note 22 of the condensed consolidated financial statements on a retroactive basis for all periods presented):

        For the Three Months Ended March 31,  
        2025     2024  
    Net income   $ 3,327,020     $ 10,648,381  
    Unrealized (gains) losses on derivatives, net     3,883,196       (4,604,215 )
    Depreciation expense     3,542       5,967  
    Provision for credit losses (1)     (172,000 )     (806,000 )
    Amortization of deferred financing costs     381,334       367,418  
    Restricted unit compensation expense     234,047       332,321  
    Deferred income taxes     1,227       2,998  
    Redeemable Preferred Unit distributions and accretion     (760,679 )     (767,241 )
    Tier 2 income allocable to the General Partner (2)     –       –  
    Recovery of prior credit loss (3)     (16,967 )     (17,155 )
    Bond premium, discount and acquisition fee amortization, net of cash received     25,220       (40,475 )
    (Earnings) losses from investments in unconsolidated entities     233,334       106,845  
    Total CAD   $ 7,139,274     $ 5,228,844  
                 
    Weighted average number of BUCs outstanding, basic     23,171,226       23,000,754  
    Net income per BUC, basic   $ 0.11     $ 0.42  
    Total CAD per BUC, basic   $ 0.31     $ 0.23  
    Cash Distributions declared, per BUC   $ 0.37     $ 0.368  
    BUCs Distributions declared, per BUC (4)   $ –     $ 0.07  
    (1) The adjustments reflect the change in allowances for credit losses under the CECL standard which requires the Partnership to update estimates of expected credit losses for its investment portfolio at each reporting date.
       
    (2) As described in Note 22 to the Partnership’s condensed consolidated financial statements, Net Interest Income representing contingent interest and Net Residual Proceeds representing contingent interest (Tier 2 income) will be distributed 75% to the limited partners and BUC holders, as a class, and 25% to the General Partner. This adjustment represents 25% of Tier 2 income due to the General Partner. There was no Tier 2 income for the three months ended March 31, 2025 and 2024.
       
    (3) The Partnership determined there was a recovery of previously recognized impairment recorded for the Live 929 Apartments Series 2022A MRB prior to the adoption of the CECL standard effective January 1, 2023. The Partnership is accreting the recovery of prior credit loss for this MRB into investment income over the term of the MRB consistent with applicable guidance. The accretion of recovery of value is presented as a reduction to current CAD as the original provision for credit loss was an addback for CAD calculation purposes in the period recognized.
       
    (4) The Partnership declared the distribution completed on April 30, 2024 in the form of additional BUCs equal to $0.07 per BUC for outstanding BUCs as of the record date of March 28, 2024.
       

    MEDIA CONTACT: 
    Karen Marotta 
    Greystone 
    212-896-9149 
    Karen.Marotta@greyco.com

    INVESTOR CONTACT:
    Andy Grier
    Investors Relations
    402-952-1235

    The MIL Network –

  • MIL-OSI: Prosafe SE: Invitation to Q1 2025 Results and Webcast on May 21st

    Source: GlobeNewswire (MIL-OSI)

    07 May 2025 – Prosafe SE will release its first quarter 2025 results on 21 May 2025. The Q1 presentation will be available on both www.newsweb.no and Prosafe’s website, www.prosafe.com.

    Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on 21 May 2025 at 10:00 CEST. This presentation is open to the public and will be live-streamed on Prosafe’s website.
    It will be possible to ask questions during the presentation by using the Q&A tool embedded in the webcast. These questions will be answered after the presentation. A replay of the audiocast will be made available on Prosafe’s website shortly after.
    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com.

    For further information, please contact:

    Terje Askvig, CEO
    Phone: +47 952 03 886

    Reese McNeel, CFO
    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network –

  • MIL-OSI: NANO Nuclear Energy Completes Retrofit of its New York State Nuclear Technology Testing Facility 

    Source: GlobeNewswire (MIL-OSI)

    Facility operations to commence shortly to construct and test NANO Nuclear’s ALIP subsystem as well as key components of its microreactors in development

    New York, N.Y., May 07, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear technology and energy company, today announced the completion of the retrofitting of its multimillion-dollar demonstration and testing facility in Westchester County, New York.

    The facility is now ready to play a central role in supporting the non-nuclear mechanical and thermal test work necessary to develop its microreactors (in particular ZEUSTM) and commercial products, such as its Annular Linear Induction Pump (ALIP), a critical non-nuclear subsystem for liquid metal and molten salt reactor technologies which NANO Nuclear plans to separately commercialize in the coming years. Testing at the Westchester facility is expected to commence shortly and continue throughout 2025 and into the future. The data generated will contribute to the final design and integration strategy for ALIP in both terrestrial and space reactor applications.

    The facility retrofit was executed in collaboration with aRobotics Company, a New York-based engineering and advanced fabrication firm specializing in robotic systems, component inspection, and high-precision prototyping. The firm led the mechanical build-out of the facility and the fabrication of test hardware and support structures for the development of NANO Nuclear’s products, as well as NANO Nuclear’s ongoing SBIR Phase III commercialization program for ALIP.

    “The Westchester County demonstration facility has been completed on schedule and to specification, and we’re pleased to extend our collaboration on critical ALIP components and our broader reactor portfolio with aRobotics, a fellow New York State headquartered company,” said Jay Yu, Founder and Chairman of NANO Nuclear. “This multimillion‑dollar facility will be central to our R&D program, giving us the resources to conduct essential physical testing and confirm that our non‑nuclear systems perform at their highest level.”

    Figure 1 – Image of Redeveloped NANO Nuclear’s Demonstration Facility for Key Components of its Nuclear Microreactor Designs in Westchester County, NY.

    The newly redeveloped testing site includes:

    • A Liquid-Metal and Molten-Salt Test Loop for evaluating fluid dynamics and pump efficiency.
    • A magnetic field mapping system for characterizing ALIP’s electromagnetic properties.
    • A custom-engineered thermal chamber for assessing high-temperature material behavior and component resilience.

    “Completing the redevelopment of this dedicated test facility is a significant milestone in our ALIP roadmap,” said Dr. Carlos O. Maidana, Head of Thermal Hydraulics and Space Program at NANO Nuclear. “The ability to perform real-time, high-fidelity component testing allows us to validate software models and refine system performance before moving to larger-scale assembly.”

    Figure 2 – Image of NANO Nuclear’s Annular Linear Induction Pump (ALIP) Technology Model (left) and Liquid-Metal and Molten-Salt Test Loop (right).

    The Westchester County demonstration facility will serve as a high-fidelity mechanical testbed for subsystems critical to reactor operation. These tests will inform future licensing, support industrial partnerships, and advance NANO Nuclear’s development, regulatory licensing and commercialization objectives. The facility now houses NANO Nuclear’s Liquid‑Metal and Molten‑Salt Test Loop, along with a magnetic‑field mapping system that will support development and commercialization activities for ALIP. In addition, a purpose‑built heat chamber, designed for evaluating reactor components and subsystems, has been installed at the site.

    “This facility gives us the infrastructure to simulate core pump operations in a safe, non-nuclear setting,” said James Walker, Chief Executive Officer of NANO Nuclear. “It’s close proximity to our New York City corporate headquarters enhances operational coordination and will serve as a valuable hub for collaborators and stakeholders to observe the development process firsthand.”

    About NANO Nuclear Energy, Inc.

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

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

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

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

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

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

    PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE:

    NANO Nuclear Energy LINKEDIN
    NANO Nuclear Energy YOUTUBE
    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

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

    Attachment

    The MIL Network –

  • MIL-OSI: NextNav to Participate in Upcoming Investor Conferences

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., May 07, 2025 (GLOBE NEWSWIRE) — NextNav Inc. (the “Company” or “NextNav”) [NASDAQ: NN], a leader in next-generation positioning, navigation, and timing (“PNT”) and 3D geolocation, today announced that Chief Financial Officer, Chris Gates, will participate in the following upcoming conferences:

    • 20th Annual Needham Technology, Media, & Consumer 1×1 Conference on May 9 and 12, 2025.
      • Mr. Gates will participate in virtual one-on-one meetings with investors.
    • B. Riley Securities 25th Annual Investor Conference on May 21-22, 2025.
      • Mr. Gates will participate in an Analyst Hosted Roundtable on May 21, 2025 at 4:00 pm PT in Marina del Rey, CA.

    To schedule a one-on-one meeting with Mr. Gates, please reach out to your Needham or B. Riley representative.

    About NextNav

    NextNav Inc. (Nasdaq: NN) is a leader in next-generation positioning, navigation and timing (PNT), enabling a whole new ecosystem of applications and services that rely upon 3D geolocation and PNT technology. Powered by low-band licensed spectrum, NextNav’s positioning and timing technologies deliver accurate, reliable, and resilient 3D PNT solutions for critical infrastructure, GPS resiliency and commercial use cases.

    For more information, please visit https://nextnav.com/ or follow NextNav on X at https://x.com/NextNav or LinkedIn at https://www.linkedin.com/company/nextnav/.

    Source: NN-FIN

    Contacts:
    Investor Contact:
    IR@nextnav.com

    The MIL Network –

  • MIL-OSI: Ingersoll Rand to Participate in Upcoming Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    DAVIDSON, N.C., May 07, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, announced that Vik Kini, chief financial officer, and Matthew Fort, vice president, Investor Relations and FP&A, will participate in a fireside chat at the Wolfe Research 18th Annual Global Transportation & Industrials Conference on Thursday, May 22, 2025, at 9:20 a.m. Eastern Time.

    A real-time audio webcast of the fireside chat can be accessed via the Events and Presentations section of the Ingersoll Rand Investor Relations website here. A replay of the webcast will be available after the conclusion of the fireside chat and can be accessed on the Ingersoll Rand Investor Relations website.

    About Ingersoll Rand Inc.
    Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

    Investors: 
    Matthew Fort
    Matthew.Fort@irco.com

    Media: 
    Sara Hassell
    Sara.Hassell@irco.com

    The MIL Network –

  • MIL-OSI: Jamf Announces Upcoming Conference Participation

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, May 07, 2025 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced today that members of its management team will present at the following investor conference:

    • J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on Tuesday, May 13, 2025 at 8:50am Eastern Time

    Webcast of this event will be available on the investor relations section of the Company’s website at https://ir.jamf.com/.

    About Jamf
    Jamf’s purpose is to simplify work by helping organizations manage and secure an Apple experience that end users love and organizations trust. Jamf is the only company in the world that provides a complete management and security solution for an Apple-first environment designed to be enterprise secure, consumer simple and protect personal privacy. To learn more, visit: www.jamf.com.

    Investor Contacts:
    Jennifer Gaumond
    ir@jamf.com

    The MIL Network –

  • MIL-OSI: Best Online Casinos Canada: 7Bit Casino Voted #1 by Experts for Canadian Players

    Source: GlobeNewswire (MIL-OSI)

    WINNIPEG, Manitoba, May 07, 2025 (GLOBE NEWSWIRE) — 7Bit Casino is a massive hit among the online casinos in Canada for 2025, especially for players who love crypto. It’s packed with exciting games, super easy payment options, and a vibe that puts players first. Whether you’re spinning the best online pokies, enjoying live casino action, or chasing huge jackpots, this brand new online casino has everything you need for a fun and rewarding experience.

    New players can kick things off with an incredible welcome bonus:

    ✅JOIN 7BIT CASINO TODAY – PLAY SMART, WIN FAST WITH CRYPTO

    7Bit Casino offers a jaw-dropping welcome package of 325% up to $10,800 BTC + 250 free spins, making it one of the best online casinos in Canada for bonus fans. With over 7,000 real money games from top providers like NetEnt, Evolution Gaming, BetSoft, and Pragmatic Play, you’ve got slots, table games, live dealers, and more to dive into. As a new online casino, 7Bit blends cool tech with a simple, fun setup that works for both newbies and pros.

    “Our goal is to guide Canadian players to the best online casinos Canada that are thrilling, fair, and worth their time,” said a reviewer. “7Bit Casino is a pay ID casino that delivers amazing games, quick payouts, and a fresh, player-friendly feel.”

    A Player-First Review of the Best Online Casinos Canada

    To find the best online casinos Canada, experts checked out what matters to players:

    • License: Is it legit and safe?
    • Games: Are there tons of fun, high-quality options?
    • Bonuses: Do the deals give real value?
    • Payments: How fast and easy are deposits and cashouts?
    • Safety: Is your info and money secure?
    • Mobile: Can you play smoothly on your phone?
    • Support: Is help available when you need it?
    • Safe Gaming: Are there tools to keep gaming fun and safe?

    7Bit Casino topped the list, earning its spot as one of the best online casinos in Canada by excelling in every area.

    “With over 7,000 games from nearly 50 top companies, 7Bit Casino has the biggest and best game lineup among the online casinos in Canada,” the reviewers said. “From the best online pokies to live dealer tables, it’s got something for everyone.”

    The bonuses are a huge draw, too. Beyond the massive welcome offer, 7Bit Casino keeps things exciting with weekly reloads, cashback, free spins, and fun tournaments. That’s why this new online casino is such a favorite.

    Here’s why 7Bit Casino is a leader among the best online casinos in Canada:

    • License: Operates under a Curacao license, following strict rules for fair play and player protection.
    • Games: Over 7,000 titles, including slots, jackpots, table games, and live dealers.
    • Bonuses: 325% Up to $10,800 BTC + 250 free spins with fair terms for cashing out winnings.
    • Payments: Supports crypto (Bitcoin, Ethereum, Litecoin), e-wallets (Skrill, Neteller), and cards (Visa, Interac), with payouts in 1-3 days.
    • Safety: Uses SSL encryption and a “one account per IP” rule to protect your info and funds.
    • Mobile: Works great on iOS and Android, with a dedicated app for gaming anywhere.
    • Support: Offers 24/7 live chat, email, and multilingual help for players worldwide.
    • Safe Gaming: Provides tools like spending limits, play timers, and breaks to keep gaming fun.

    ✅GRAB YOUR $10,800 BTC BONUS + 250 FREE SPINS – FAIR WAGERING, REAL WINS!

    “7Bit Casino’s fast payments and crypto options make it a top pay ID casino and one of the best online casinos in Canada.”

    Exploring 7Bit Casino’s Game Collection: A Key to Being the Best Online Casino Canada

    What makes 7Bit Casino one of the best online casinos in Canada is its huge game library. With over 7,000 titles, it’s like a candy store for gamers, offering something for every mood and style.

    • Slots and Jackpots: The Best Online Pokies Around

    If you’re into slots, 7Bit Casino is your dream spot. It’s got over 7,000 slot games, making it a haven for the best online pokies. You’ll find classics like Starburst by NetEnt and fresh hits like Booming Fruit 243. Want a shot at a huge payout? Try progressive jackpot slots from BetSoft or Amatic. From simple three-reel games to modern video slots with cool themes, 7Bit Casino has it all.

    “Slot fans will love 7Bit Casino, it’s one of the best online casinos Canada for the best online pokies,” the reviewers said. “Top game makers deliver awesome graphics and fair chances to win.”

    • Table Games and Live Casino Fun

    For players who love strategy, 7Bit Casino offers a ton of table games like blackjack, roulette, baccarat, and poker. Powered by Pragmatic Play and Microgaming, these games look great and play super smoothly.

    The live casino, run by Evolution Gaming, feels like you’re in a real casino. Play blackjack or roulette with live dealers or try fun game shows like Dream Catcher. It’s a big reason 7Bit Casino is among the best online casinos in Canada.

    • Fun Extras: Specialty Games

    Need a break from slots or tables? 7Bit Casino’s got scratch cards, bingo, and quick-win games from Evoplay and NetEnt. These are perfect for chilling with something easy and fun, adding to why 7Bit Casino is one of the best online casinos in Canada.

    “The mix of games, from the best online pokies to these quirky extras, makes 7Bit Casino a top pick among the best online casinos Canada,” the reviewers said.

    Bonuses That Keep You Coming Back

    7Bit Casino’s bonuses are a huge reason it’s one of the best online casinos Canada. They don’t just give you a welcome bonus, they keep the rewards flowing.

    1. Welcome Bonus: Start with a Bang

    New players can grab a welcome bonus of up to $10,800 BTC + 250 free spins, one of the biggest deals among the best online casinos Canada.

    • 1st Deposit Offer: 100% + 100 FS
    • 2nd Deposit Offer: 75% + 100 FS
    • 3rd Deposit Offer: 50% Match
    • 4th Deposit Offer: 100% + 50 FS
    • New Game Offer: 45 FS
    • Weekly Cashback: Up to 20%
    • Monday Offer: 25% + 50 FS
    • Telegram Offer: 50 FS
    • Monday Offer: 25% + 50 FS
    • Wednesday Offer: Up to 100 Free Spins
    • Telegram Friday Offer: 111 Free Spins
    • Telegram Sunday Offer: 66 Free Spins

    2. Ongoing Deals and Tournaments

    • Titans` Arena: $8000
    • Platipus Rush: €2000
    • 10 Years of Platipus: € 100,000
    • Lucky Spin: $1500 + 1500 Free Spins

    7Bit Casino keeps things fresh with weekly reload bonuses, cashback, and free spins. They also run tournaments where you can compete for cash, spins, or a spot at the top of the leaderboard. It’s why 7Bit Casino is a brand new online casino that players love.

    “7Bit Casino’s bonuses make every visit a blast, locking in its spot among the best online casinos Canada,”

    ✅CLAIM YOUR WELCOME BONUS OF 325% UP TO$10,800 BTC + 250 FS

    Payments: Quick and Easy at a Pay ID Casino

    As a pay ID casino, 7Bit Casino makes depositing and cashing out super simple. Whether you’re using crypto or regular money, they’ve got options that work for you.

    Crypto: Fast and Private

    7Bit Casino leads the best online casinos Canada for crypto fans. You can use Bitcoin, Ethereum, Litecoin, or even less common coins. Crypto payments are quick, safe, and keep things private, giving them an anonymous online casino feel.

    Cards and E-Wallets

    If crypto’s not your thing, use Visa, Mastercard, Interac, or bank transfers. E-wallets like Skrill, Neteller, and Neosurf are fast too, with deposits landing instantly and cashouts in 1-3 days. This flexibility makes 7Bit Casino one of the best online casinos Canada.

    “7Bit Casino’s payment options are speedy and secure, making it a great pay ID casino among the best online casinos Canada,” the reviewers said.

    Safe and Fair: Why 7Bit Casino Is Trusted Among the Best Online Casinos Canada

    Safety is a top priority at 7Bit Casino. Its Curacao license means it follows tough rules, like “one account per IP” to stop bonus scams. Strong encryption keeps your info safe, and games are checked by independent groups to ensure they’re fair.

    “7Bit Casino’s focus on safety and fairness makes it a trusted choice among the best online casinos Canada,” the reviewers said. “You can enjoy the best online pokies without any stress.”

    Mobile Gaming: Play Anywhere with the Best Online Casinos Canada

    7Bit Casino’s mobile setup is perfect for playing on your phone or tablet. It works smoothly on iOS and Android, with a dedicated app and a mobile-friendly site. Whether you’re spinning the best online pokies or hitting a live dealer table, it’s easy and fun.

    “The mobile app makes 7Bit Casino one of the best online casinos in Canada for gaming on the go.”

    Help When You Need It: Awesome Support at the Best Online Casinos Canada

    7Bit Casino’s support team is available 24/7 via live chat, email, and in multiple languages for players worldwide. They’re quick to help with anything from account issues to payment questions.

    “Great support is a must for the best online casinos Canada, and 7Bit Casino nails it,” the reviewers said.

    Playing Smart: Responsible Gaming at the Best Online Casinos Canada

    7Bit Casino takes safe gaming seriously, making it a leader among the best online casinos Canada. As an anonymous online casino, it offers private crypto payments but still follows strict ID checks for safety. You can use tools like:

    • Spending Limits: Cap how much you deposit daily, weekly, or monthly.
    • Play Timers: Track how long you’re gaming.
    • Short Breaks: Take a pause from playing.
    • Longer Breaks: Step away for six months or more.
    • Account Closure: Shut your account if you’re done for good.

    Free demo modes let you try games without spending a dime, which adds to why 7Bit Casino is one of the best online casinos Canada.

    “7Bit Casino’s safe gaming tools show it cares about players, making it a top pick among the best online casinos Canada,”

    Tournaments and Community: Extra Fun at the Best Online Casinos Canada

    7Bit Casino amps up the excitement with tournaments and leaderboard challenges. You can compete for cash, free spins, or cool prizes, with events tied to the best online pokies and other games. It’s a fun way to connect with other players and keep things lively.

    “The tournaments make 7Bit Casino stand out among the best online casinos Canada,” the reviewers said. “It’s a brand new online casino that keeps you hooked with fresh, fun vibes.”

    VIP Program: Sweet Perks for Loyal Players

    7Bit Casino’s VIP program is another reason it’s one of the best online casinos Canada. Play more to earn points, climb levels, and unlock goodies like bigger bonuses, faster cashouts, and a personal account manager. It’s a great way to get more from this new online casino.

    “The VIP program adds tons of value, making 7Bit Casino a favorite among the best online casinos in Canada,”

    Why Canadians Can’t Get Enough of 7Bit Casino

    7Bit Casino is built with Canadian players in mind, which is why it’s a top choice among the best online casinos Canada. Here’s what makes it so popular:

    • Canadian-Friendly: Supports local payment methods like Interac and offers multilingual support, making it easy for players from Vancouver to Halifax.
    • Crypto Power: As a pay ID casino, it’s perfect for tech-savvy Canadians who want fast, private crypto transactions.
    • Games for All: Whether you’re in Toronto, Montreal, or Calgary, 7Bit Casino’s huge game library has something for every taste.
    • Community Feel: From tournaments to VIP perks, 7Bit Casino creates a fun, welcoming vibe for players.

    “7Bit Casino feels like it was made for Canadians, which is why it’s one of the best online casinos in Canada,” the reviewers said.

    Seasonal Promotions: Keeping the Fun Fresh

    7Bit Casino loves to switch things up with seasonal promotions tied to holidays or special events. Think Christmas-themed tournaments, Halloween free spins, or summer cashback deals. These limited-time offers keep the excitement high and make 7Bit Casino a brand-new online casino that always feels new.

    “Seasonal promos add extra spice, reinforcing 7Bit Casino’s spot among the best online casinos in Canada,”

    Game Providers: The Brains Behind the Best Online Casinos Canada

    7Bit Casino’s games come from some of the biggest names in the industry, which is a huge reason it’s one of the best online casinos Canada. Providers like NetEnt, Microgaming, BetSoft, and Evolution Gaming deliver top-notch graphics, smooth gameplay, and fair results. Whether you’re playing the best online pokies or live dealer games, these companies ensure every moment is a blast.

    “The partnerships with leading game providers give 7Bit Casino a big edge, making it a top contender among the best online casinos in Canada,” the reviewers said.

    How to Join 7Bit Casino: Your Ticket to the Best Online Casinos Canada

    Getting started at 7Bit Casino, one of the best online casinos in Canada, is a piece of cake. Here’s how to jump in:

    1. Head to the Site: Visit the official 7Bit Casino website and click “Sign Up.”
    2. Enter Your Details: Add your email, create a password, pick your currency, and agree to the terms.
    3. Complete Your Profile: Fill in your name, date of birth, and address to finish signing up.
    4. Deposit and Play: Add funds, claim your welcome bonus, and start gaming!

    Make sure your info is correct to avoid issues later. If you’re using a promo code, check it carefully to grab the bonus. Once you’re set, you can dive into the best online pokies and more at one of the best online casinos in Canada.

    ✅JOIN 7BIT CASINO – FAST GAMES, FASTER PAYOUTS, ALL IN CRYPTO

    Exclusive Features: What Sets 7Bit Casino Apart

    7Bit Casino isn’t just another online casino, it’s got unique features that make it a standout among the best online casinos Canada:

    • Crypto Tournaments: Special events where you can use crypto to compete for exclusive prizes, perfect for an anonymous online casino vibe.
    • Daily Missions: Complete fun challenges to earn extra spins, cash, or bonus points, adding a game-within-a-game feel.
    • Customizable Interface: Adjust the site’s look and feel to match your style, making your gaming experience personal.
    • Social Media Engagement: Follow 7Bit Casino on platforms like X for exclusive giveaways and updates, keeping you in the loop.

    “These unique features make 7Bit Casino feel fresh and exciting, cementing its place among the best online casinos in Canada,”

    Catering to Canadian Provinces: A Local Touch

    7Bit Casino goes the extra mile to appeal to players across Canada’s diverse provinces. Whether you’re in Ontario’s bustling cities, Quebec’s vibrant French-speaking communities, or British Columbia’s laid-back coastal towns, 7Bit Casino tailors its offerings to fit local preferences. For example:

    • Ontario: Players can use Interac for quick deposits, and the site supports English for seamless navigation.
    • Quebec: French-language support ensures players feel right at home, with access to the best online pokies and live games.
    • British Columbia: Crypto options cater to tech-savvy players, making 7Bit Casino a top pay ID casino in the region.

    “7Bit Casino’s attention to local needs makes it a true favorite among the best online casinos Canada,”.

    Security Audits: Building Trust in the Best Online Casinos Canada

    7Bit Casino doesn’t just talk about safety- it backs it up with regular audits. The Curacao Gaming Control Board and independent regulators check the platform to ensure it meets high standards for security and fairness. Games are also audited by their providers to guarantee random, unbiased results.

    “Regular audits give players peace of mind, making 7Bit Casino a trusted name among the best online casinos Canada,”

    Social Responsibility: Giving Back to the Community

    Beyond gaming, 7Bit Casino is committed to social responsibility, which sets it apart among the best online casinos Canada. The platform supports charitable initiatives, such as donating to Canadian organizations focused on mental health and responsible gambling awareness. It also partners with local communities to promote safe gaming practices.

    “7Bit Casino’s social efforts show it’s more than just a casino, it’s a responsible leader among the best online casinos Canada,”

    Why 7Bit Casino Rules the Best Online Casinos Canada in 2025

    7Bit Casino checks every box: a massive game lineup, awesome bonuses, quick payouts, and rock-solid safety. Whether you’re spinning the best online pokies, battling it out in live casino games, or chasing jackpots, this new online casino delivers an unbeatable experience.

    “7Bit Casino is the best online casinos Canada for 2025, but we’ll check again in 2026 to see if it holds the crown or if another brand new online casino takes over.”

    Join the fun and grab 7Bit Casino’s amazing welcome bonus today:

    ✅ENJOY PLAYING 7,000+ GAMES AT 7BIT CASINO

    Final Words About Best Online Casinos in Canada – 7Bit Casino

    7Bit Casino is more than just a place to play, it’s a full-on gaming adventure for Canadian players. With a huge game selection, awesome bonuses, fast cashouts, and a big focus on safety, it’s the top spot to enjoy the best online pokies and more. Sign up now and see why 7Bit Casino is the king of the best online casinos in Canada in 2025.

    Frequently Asked Questions About the Best Online Casinos Canada

    1. Why is 7Bit Casino a top choice for crypto players in Canada?
    A: 7Bit Casino combines lightning-fast crypto transactions, CAD-friendly options, and over 7,000 high-quality games. Canadian players get the best of both worlds: classic casino charm and futuristic blockchain speed.

    2. Can I really withdraw crypto instantly at 7Bit Casino?
    A: Yes! 7Bit Casino lives up to its name as a Fast Payout & Instant Withdrawal Casino. Most crypto withdrawals are processed in under 10 minutes no delays, no drama.

    3. Is it beginner-friendly for new Canadian crypto users?
    A: Totally. Whether you’re crypto-savvy or new to digital coins, 7Bit’s sleek interface, guided deposits, and demo games make it easy to start, play, and win.

    4. Does 7Bit Casino accept CAD or only crypto?
    A: You can play with crypto or traditional methods. Canadians can deposit using CAD via Interac, credit cards, or switch to Bitcoin, Ethereum, Litecoin, or Dogecoin anytime.

    5. How does 7Bit ensure game fairness and player trust?
    A: All games are provably fair and certified. Plus, with blockchain-backed transactions and end-to-end SSL encryption, your data and funds are protected around the clock.

    6. What makes the 7Bit VIP Club worth joining for Canadians?
    A: As you climb VIP levels, you unlock higher cashback, exclusive bonuses, personal account managers, and priority withdrawals designed to reward your loyalty with real crypto perks.

    Email: support@7bitcasino.com

    Disclaimer & Affiliate Disclosure

    This article is for info and promo purposes only, not legal or financial advice. We’ve tried to keep it accurate, but things can change, so check stuff yourself. We’re not responsible for any mistakes or issues from using this info.

    We might earn a bit if you click our links and spend money, but it doesn’t cost you extra. Those links don’t mess with our honest opinions. Gambling’s for folks 19+ in Canada and can be risky. Play smart and get help if it stops being fun.

    All trademarks belong to their owners. By reading this, you agree it’s at your own risk, and we’re not liable for any problems.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80d161da-12ce-477f-be6f-e1d93279f735

    The MIL Network –

  • MIL-OSI: Fastest Payout Online Casinos: JACKBIT Ranked #1 for Instant Withdrawals with No Verification

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, May 07, 2025 (GLOBE NEWSWIRE) — In the dynamic world of online gambling, speed is a game-changer. Players want their winnings quickly, without delays or complicated processes. After evaluating numerous platforms, JACKBIT stands out as the fastest payout online casino for 2025.

    START PLAYING WITH JACKBIT – NO KYC, JUST FUN, AND FAST PAYING!

    Renowned for its instant withdrawal casino capabilities, JACKBIT processes cryptocurrency withdrawals in under 10 minutes, often instantly, setting a new standard for best online casinos that payout instantly. With over 6,000 games, generous bonuses, and a player-centric design, JACKBIT is the ultimate destination for those seeking a fast payout casino.

    This comprehensive review explores why JACKBIT is the best fast payout casino, detailing its features, promotions, game variety, payment methods, and more. Whether you’re spinning slots, playing live dealer games, or betting on sports, JACKBIT delivers a seamless experience that prioritizes speed, security, and satisfaction.

    Why JACKBIT Stands Out as the Fastest Payout Online Casino

    JACKBIT has redefined online gambling by prioritizing payout speed, a critical factor for players seeking same day withdrawal online casinos. Its use of blockchain technology enables instant pay casino withdrawals, with crypto transactions often completed in minutes. This efficiency is complemented by a no-KYC policy for crypto users, ensuring privacy and a hassle-free experience.

    Beyond speed, JACKBIT offers an extensive game library of over 6,000 titles, sourced from 90+ top providers like NetEnt, Microgaming, and Evolution Gaming. From classic slots to live dealer games and a robust sportsbook, the platform caters to every gaming preference. Its mobile-optimized design and intuitive interface make it accessible on any device, positioning JACKBIT as a leader among the fastest paying online casinos.

    JOIN JACKBIT NOW AND GAMBLE PRIVATELY WITH NO KYC REQUIRED!

    JACKBIT Casino Features: A Comprehensive Overview

    JACKBIT’s appeal as the fastest payout online casino is rooted in its robust features, designed to enhance the player experience:

    Feature Details
    Welcome Bonus 30% Rakeback + 100 wager-free spins on first deposit + No KYC
    Game Count Over 6,000 titles from 90+ providers
    Payment Methods 16+ cryptocurrencies, Visa, MasterCard, Google Pay, Apple Pay
    Withdrawal Speed Instant crypto withdrawals (under 10 minutes)
    Customer Support 24/7 via live chat and email
    License Curacao Gaming Authority
    • Welcome Bonuses: New players receive a 30% Rakeback bonus + no KYC and 100 free spins, providing a strong start without wagering requirements on spins.
    • Expansive Game Library: Over 6,000 games, including slots, table games, live dealers, and sports betting, ensure variety for all players.
    • Cryptocurrency Payments: Supports 16+ cryptocurrencies, such as Bitcoin, Ethereum, and Tether, for fast, secure transactions.
    • No KYC for Crypto Users: Crypto players enjoy anonymity, bypassing extensive verification processes.
    • Instant Withdrawals: JACKBIT’s online casino instant payout system processes crypto withdrawals in minutes, often instantly.
    • Mobile-Friendly Design: Optimized for desktops, smartphones, and tablets, offering flexibility for on-the-go gaming.
    • Sportsbook: Covers 140+ sports, including football, esports, and virtual sports, with competitive odds and live betting.

    These features make JACKBIT a benchmark for quick pay casino experiences, appealing to players worldwide.

    Promotions and Incentives at JACKBIT

    JACKBIT keeps players engaged with a variety of promotions:

    • Welcome Bonus: 30% Rakeback+ no KYC + 100 free spins on the first deposit, with no wagering requirements on spins, allowing immediate use of winnings.
    • Weekly Giveaways: Compete for a share of $10,000 in cash and 10,000 free spins, adding excitement to regular play.
    • VIP Program: Earn up to 30% Rakeback through the Rakeback VIP Club, rewarding loyal players with cashback and exclusive perks.
    • Social Media Bonuses: Engage with JACKBIT on platforms like X for exclusive rewards, such as bonus spins or cash prizes.
    • Pragmatic Drops & Wins: Participate in slot and live game tournaments with a €2,000,000 prize pool, offering significant winning opportunities.

    CLAIM YOUR 30% RAKEBACK AND 100 FREE SPINS – NO WAGERING REQUIRED!

    These promotions, with fair terms, position JACKBIT among the best online casinos fast payout for value-driven players.

    What Sets JACKBIT Apart from Other Crypto Casinos?

    JACKBIT distinguishes itself from competitors in several ways:

    • Unmatched Payout Speed: While many crypto casinos take hours or days, JACKBIT delivers funds in minutes, making it the fastest paying online casino.
    • Diverse Game Selection: With over 6,000 games, JACKBIT surpasses rivals, offering everything from slots to niche esports betting.
    • Privacy Focus: The no-KYC policy for crypto users ensures anonymity, a feature not all instant withdrawal casinos provide.
    • Generous Promotions: Bonuses like rakeback and tournaments come with fair terms, unlike some casinos with restrictive requirements.
    • Sports Betting Integration: Unlike many crypto-focused platforms, JACKBIT’s sportsbook adds versatility, appealing to a broader audience.

    These advantages make JACKBIT a standout new instant withdrawal casino for 2025.

    Pros and Cons of JACKBIT Casino

    To offer a balanced perspective, here’s a detailed look at JACKBIT’s strengths and weaknesses:

    Pros Cons
    Fastest payout online casino with instant crypto withdrawals No dedicated mobile app (mobile-optimized site available)
    Over 6,000 games from 90+ providers Withdrawals are crypto-only, limiting fiat options
    No KYC policy for crypto users Some bonuses have specific wagering requirements
    Supports 16+ cryptocurrencies and fiat deposits Curacao license may not suit players seeking stricter regulation
    24/7 multilingual customer support  
    Generous bonuses, including 30% Rakeback and 100 free spins  

    These factors make JACKBIT a compelling choice among online casinos with instant withdrawal, though players should weigh the cons based on their preferences.

    How to Join JACKBIT Casino

    Joining JACKBIT is a quick and user-friendly process, ideal for players seeking an instant pay casino:

    1. Visit JACKBIT: Click here to navigate to the official website and click “Sign Up.”
    2. Register: Enter your email address and a secure password. Crypto users skip KYC verification for faster setup.
    3. Verify Email: Confirm your account via the verification email sent by JACKBIT.
    4. Deposit Funds: Choose from 16+ cryptocurrencies or fiat methods like Visa or MasterCard. Meet the minimum deposit to activate the welcome bonus.
    5. Claim Welcome Bonus: Enter the promo code to receive the 30% Rakeback and 100 free spins.
    6. Start Playing: Explore the game library and enjoy the fast payout casino experience.

    This streamlined process reflects JACKBIT’s commitment to accessibility, making it a top pick for those seeking same day withdrawal online casinos.

    How We Selected JACKBIT as the Fast Paying Online Casino

    Our selection process for the best online casinos that payout instantly was rigorous, ensuring only the most reliable platforms were recommended. We evaluated JACKBIT based on the following criteria:

    • License and Security: JACKBIT is fully licensed under the Curacao Gaming License, offering a secure environment with SSL encryption. The platform also ensures fairness with provably fair games, giving players peace of mind and transparency.
    • Bonuses and Promotions: We focused on casinos that offer fair and generous bonuses. JACKBIT stands out with its great welcome bonus and ongoing promotions that give players excellent value.
    • Game Variety: A diverse game library is essential. JACKBIT offers over 6,000 games, including slots, table games, and sports betting, making sure there’s something for every type of player.
    • Casino Game Providers: JACKBIT partners with well-known providers like NetEnt and Evolution Gaming to ensure top-quality and fair games.
    • Banking Methods: Fast, secure payment options are critical. JACKBIT’s crypto-focused approach, with instant withdrawals, excels in this area.
    • Customer Support: 24/7 availability and responsiveness are key. JACKBIT’s multilingual support team ensures player satisfaction.
    • User Experience: An intuitive, mobile-friendly interface enhances accessibility. JACKBIT’s sleek design and fast loading times deliver a seamless experience.

    JACKBIT outperformed competitors across these metrics, earning its title as the best fast payout casino for 2025.

    License and Security

    JACKBIT operates under a Curacao Gaming License, ensuring compliance with industry standards for fair play and player protection. While Curacao’s regulations are less stringent than those of the UKGC or MGA, they provide a solid framework for a secure gaming environment. The platform employs advanced SSL encryption to safeguard player data and transactions, and its provably fair crypto games allow players to verify game outcomes independently.

    The no-KYC policy for crypto users is a significant advantage for privacy-conscious players, enabling anonymous play without compromising security. This feature positions JACKBIT as a leader among fast payout online casinos for those prioritizing discretion.

    Bonuses and Promotions

    JACKBIT’s bonuses enhance the gaming experience for both new and returning players:

    • Welcome Bonus: 30% Rakeback + 100 free spins on the first deposit, with no wagering requirements on spins, allowing immediate use of winnings.
    • Weekly Giveaways: Compete for a share of $10,000 in cash and 10,000 free spins, adding excitement to regular play.
    • VIP Program: Earn up to 30% Rakeback through the Rakeback VIP Club, rewarding loyal players with cashback and exclusive perks.
    • Social Media Bonuses: Engage with JACKBIT on platforms like X for exclusive rewards, such as bonus spins or cash prizes.
    • Pragmatic Drops & Wins: Participate in slot and live game tournaments with a €2,000,000 prize pool, offering significant winning opportunities.

    These promotions, combined with fair terms, make JACKBIT a top choice among best online casinos fast payout for value-driven players.

    Casino Games

    JACKBIT’s game library is a cornerstone of its appeal, offering over 6,000 titles across multiple categories. This diversity ensures it caters to all player preferences, solidifying its status as a fast payout casino.

    GET IN THE GAME NOW – NO KYC, SECURE PLAY, AND MORE!

    Online Slots

    Slots dominate JACKBIT’s offerings, with over 5,000 titles ranging from classic 3-reel games to modern video slots and progressive jackpots. Popular games include:

    • Starburst (NetEnt): A vibrant slot with 96.09% RTP and expanding wilds.
    • Gates of Olympus (Pragmatic Play): A high-volatility slot with 96.50% RTP and cascading wins.
    • Book of Dead (Play’n GO): An adventure-themed slot with 96.21% RTP and free spins.
    • Mega Moolah (Microgaming): A progressive jackpot slot with life-changing payout potential.

    These games, with high RTPs and engaging features, make JACKBIT a prime destination for slot enthusiasts.

    Blackjack

    Blackjack players can enjoy multiple variants, including:

    • European Blackjack: Low house edge of 0.5% with basic strategy.
    • Atlantic City Blackjack: Multi-hand options for strategic play.
    • Vegas Strip Blackjack: Popular for its player-friendly rules.

    Live blackjack tables, powered by Evolution Gaming, add an immersive element, appealing to players at instant withdrawal casinos.

    Roulette

    Roulette options include European, French, and American variants:

    • European Roulette: 2.7% house edge, ideal for beginners.
    • French Roulette: 1.35% house edge with La Partage rule, offering better odds.
    • American Roulette: Higher house edge due to double zero, but thrilling for risk-takers.

    Live roulette tables enhance the experience with real-time interaction.

    Poker

    JACKBIT offers video poker and live poker games, including:

    • Texas Hold’em: Popular for its strategic depth.
    • Caribbean Stud: A house-banked poker variant with progressive jackpots.
    • Jacks or Better: A video poker classic with a 0.5%–2% house edge using optimal strategy.

    These options cater to skill-based players seeking an online casino instant payout experience.

    Live Dealer Games

    Powered by Evolution Gaming, JACKBIT’s live dealer section includes:

    • Live Blackjack: Multiple tables with varying stakes.
    • Live Roulette: European and French variants with professional dealers.
    • Game Shows: Titles like Crazy Time and Monopoly Live for casual fun.

    These games replicate a land-based casino atmosphere, making JACKBIT a leader among fastest paying online casinos.

    Craps

    Craps offers fast-paced dice action with bets like Pass Line (1.41% house edge) and Don’t Pass (1.36% house edge). Its inclusion adds variety to JACKBIT’s portfolio, appealing to players at same day withdrawal online casinos.

    Sportsbook

    JACKBIT’s sportsbook covers over 140 sports, including football, basketball, tennis, cricket, esports, and virtual sports. With over 82,000 live monthly events and 75,000 pre-match events, it offers competitive odds and live betting options. Features include:

    • Live Streaming: Watch select events directly on the platform.
    • In-Play Betting: Place bets during matches for dynamic wagering.
    • Cash-Out Options: Secure profits or minimize losses before events conclude.
    • Sports Welcome Bonus: 100% refund on a losing first bet (minimum $20).

    This comprehensive sportsbook enhances JACKBIT’s appeal as a quick pay casino, catering to sports betting enthusiasts alongside casino players.

    Specialty Games

    JACKBIT also offers lottery, scratch cards, and instant win games for quick, casual play. These games provide a break from traditional casino offerings, enhancing the platform’s versatility.

    Casino Game Providers

    JACKBIT, fast payout online casino, collaborates with 90+ industry-leading providers to deliver its extensive game library:

    • NetEnt: Known for visually stunning slots like Starburst and Gonzo’s Quest.
    • Evolution Gaming: The gold standard for live dealer games, offering immersive experiences.
    • Pragmatic Play: Delivers engaging slots like Gates of Olympus and Drops & Wins promotions.
    • Microgaming: Renowned for progressive jackpots like Mega Moolah.
    • Play’n GO: Offers adventure-themed slots like Book of Dead.
    • Yggdrasil: Known for innovative mechanics and high-quality graphics.

    These partnerships ensure JACKBIT’s games are fair, engaging, and cutting-edge, reinforcing its position as a fast payout casino.

    Fastest Payout Methods at JACKBIT

    JACKBIT’s payment options are tailored for speed and flexibility, making it a standout fastest payout online casino.

    Cryptocurrencies

    JACKBIT supports over 16 cryptocurrencies, including:

    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Litecoin (LTC)
    • Tether (USDT)
    • Ripple (XRP)
    • Solana (SOL)
    • Cardano (ADA)
    • Dogecoin (DOGE)
    • Binance Coin (BNB)
    • Monero (XMR)
    • USD Coin (USDC)
    • TRON (TRX)
    • Polygon (MATIC)
    • DAI
    • SHIBA INU
    • Chainlink (LINK)

    Deposits are instant and fee-free, while withdrawals are processed in under 10 minutes, often instantly, making JACKBIT a leader among online casinos with instant withdrawal. The platform’s crypto focus ensures enhanced security and anonymity, ideal for players seeking an instant pay casino.

    Fiat Methods

    For deposits, JACKBIT accepts:

    • Visa
    • MasterCard
    • Bank Transfer
    • Google Pay
    • Apple Pay

    However, withdrawals are crypto-only, which may limit options for fiat users. Processing times for fiat deposits are instant, but withdrawals via crypto maintain JACKBIT’s same day withdrawal online casinos status.

    Buy Crypto Option

    JACKBIT offers a “Buy Crypto” feature, allowing players to purchase cryptocurrencies directly on the platform using fiat methods. This simplifies the process for newcomers, enhancing accessibility at this quick pay casino.

    Limitations

    Weekly withdrawal limits are €10,000, with monthly caps at €20,000, which may affect high rollers. The crypto-only withdrawal policy, while fast, may inconvenience players preferring fiat payouts. Despite these, JACKBIT’s payment system excels for those prioritizing speed and security.

    Payment Method Deposit Time Withdrawal Time Fees
    Cryptocurrencies Instant <10 minutes None
    Visa/MasterCard Instant N/A (crypto-only) Varies
    Bank Transfer 1–3 days N/A (crypto-only) Varies
    Google Pay/Apple Pay Instant N/A (crypto-only) Varies

    START PLAYING WITH JACKBIT – NO KYC, JUST FUN!

    Customer Support

    JACKBIT provides 24/7 customer support via live chat and email (support@JACKBIT.com). The team is fluent in multiple languages, including English, and responds promptly to queries. A comprehensive FAQ section addresses common issues, such as account setup, withdrawals, and bonus terms, enhancing the support experience. This reliability makes JACKBIT a top choice among the best online casinos fast payout.

    Responsible Gambling at JACKBIT

    JACKBIT is committed to promoting responsible gambling, offering tools to help players manage their gaming habits:

    • Deposit Limits: Set daily, weekly, or monthly caps to control spending.
    • Loss Limits: Restrict losses over a specified period.
    • Wagering Limits: Limit total bets to maintain financial discipline.
    • Session Time Limits: Monitor and restrict gaming duration.
    • Cooling-Off Periods: Temporary account suspensions for short breaks.
    • Self-Exclusion: Permanent or temporary account closure for extended breaks.
    • Reality Checks: Periodic notifications reminding players of playtime.

    These tools, combined with access to support resources like the National Council on Problem Gambling, ensure JACKBIT remains a responsible fast payout casino by prioritizing player well-being.

    Mobile Gaming Experience

    JACKBIT’s mobile-optimized website delivers a seamless gaming experience on smartphones and tablets, despite the absence of a dedicated app. Players can access the full game library, manage accounts, and process transactions with ease. The responsive design adapts to various screen sizes, ensuring smooth navigation and fast loading times. Key features include:

    • Full Game Access: Play slots, table games, live dealers, and bet on sports directly from mobile browsers.
    • Intuitive Interface: Touch-friendly controls and clear menus enhance usability.
    • Fast Transactions: Deposit and withdraw instantly using crypto, maintaining JACKBIT’s fastest paying online casino status.
    • Cross-Platform Consistency: The mobile experience mirrors the desktop version, with no loss of functionality.

    This mobile compatibility makes JACKBIT a top choice for players seeking online casinos with instant payout on the go.

    User Experience and Interface

    JACKBIT’s website is designed for ease of use, featuring a sleek, modern interface with intuitive navigation. Key elements include:

    • Clear Categorization: Games are organized into slots, table games, live casino, and sportsbook sections.
    • Search Functionality: Quickly find specific titles or providers.
    • Fast Loading Times: Optimized for minimal lag, even on slower connections.
    • Multilingual Support: Available in English, French, Spanish, and more, catering to a global audience.

    This user-centric design enhances the overall experience, positioning JACKBIT among new instant withdrawal casinos for accessibility and engagement.

    Comparing JACKBIT to Other Fast Payout Casinos

    Compared to competitors, JACKBIT excels in several areas:

    • Payout Speed: Instant crypto withdrawals outpace many rivals, which may take hours or days, making it a best online casino fast payout leader.
    • Game Variety: Over 6,000 games surpass most competitors’ offerings.
    • Privacy: The no-KYC policy is a unique advantage for crypto users.
    • Sportsbook: Comprehensive sports betting options add versatility, unlike many casino-only platforms.

    While some casinos offer stricter regulatory oversight or broader fiat withdrawal options, JACKBIT’s focus on speed, privacy, and variety makes it a preferred instant withdrawal casino for 2025.

    Sportsbook Excellence

    JACKBIT’s sportsbook is a standout feature, offering betting on over 140 sports, including:

    • Popular Sports: Football, basketball, tennis, cricket, and rugby.
    • Esports: League of Legends, Dota 2, CS:GO, and more.
    • Virtual Sports: Simulated events for instant betting.
    • Niche Markets: Darts, snooker, and table tennis.

    With over 82,000 live monthly events and 75,000 pre-match events, the sportsbook provides competitive odds and live betting options. Features include:

    • Live Streaming: Watch select events directly on the platform.
    • In-Play Betting: Place bets during matches for dynamic wagering.
    • Cash-Out Options: Secure profits or minimize losses before events conclude.
    • Sports Welcome Bonus: 100% refund on a losing first bet (minimum $20).

    This comprehensive sportsbook enhances JACKBIT’s appeal as a fast payout casino, catering to sports betting enthusiasts alongside casino players.

    Popular Games with Bonus Opportunities

    JACKBIT ties promotions to popular games, offering extra incentives:

    • Tasty Bonanza (Pragmatic Play): 96.48% RTP, tumbling reels, and free spins, often featured in Drops & Wins.
    • Wolf Haven (Pragmatic Play): 96.01% RTP, Money Respin feature, popular in bonus campaigns.
    • Big Catch Bonanza (Reel Kingdom): 96.71% RTP, scatter-triggered free spins, tied to promotional offers.
    • Mega Ace (Microgaming): 88.12% RTP, progressive jackpot potential, eligible for free spins.

    These games, available across devices, enhance JACKBIT’s status as a best online casinos that payout instantly destination, offering exciting gameplay and bonus potential.

    JACKBIT Casino Conclusion: The Ultimate Fast Payout Casino

    After evaluating numerous fast payout online casinos, JACKBIT emerges as the top choice for 2025. Its extensive game library, featuring over 6,000 titles, caters to every player preference, from slots to sports betting. The platform’s status as the fastest payout online casino, with instant crypto withdrawals, ensures players access their winnings without delay. Generous bonuses, including a 30% Rakeback welcome offer and 100 free spins, provide exceptional value, while the no-KYC policy enhances privacy for crypto users.

    JACKBIT’s commitment to player satisfaction is evident in its 24/7 multilingual support, mobile-optimized design, and robust responsible gambling tools. The comprehensive sportsbook, covering 140+ sports with live betting and competitive odds, adds versatility, making JACKBIT a one-stop shop for gaming and betting. While the Curacao license and crypto-only withdrawals may not suit everyone, these are minor drawbacks compared to the platform’s strengths.

    For players seeking a best fast payout casino with variety, speed, and security, JACKBIT is unmatched. Join today at JACKBIT and experience why it’s the fastest paying online casino for 2025.

    Email: support@JACKBIT.com

    Legal Disclaimer
    This content is for informational and entertainment purposes only and does not constitute legal, financial, or gambling advice. Information is provided “as is,” with no warranties regarding accuracy or completeness. Readers must verify details and ensure compliance with local gambling laws. The publisher and authors are not liable for any losses or consequences from relying on this information.

    Affiliate Disclosure
    Some links may be affiliate links, earning us a commission at no cost to you. Our recommendations are based on objective evaluations, and affiliate partnerships do not influence our content.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/035eb7b1-a3c1-4fc0-9d7c-8eb5faf59b85

    The MIL Network –

  • MIL-OSI: MOBIA Marks 40 Years of Innovation Maintaining its Status as a Canada’s Best Managed Gold Standard Company

    Source: GlobeNewswire (MIL-OSI)

    DARTMOUTH, Nova Scotia, May 07, 2025 (GLOBE NEWSWIRE) — MOBIA Technology Innovations Inc. requalified to maintain its status as a Best Managed Gold Standard company in 2025. An award that recognizes the company for its continued growth, dedication to delivering value to its customers, and 40-year track record of innovation. A winner of Canada’s Best Managed Companies program in 2020, this marks the fifth consecutive year that MOBIA has requalified and the company’s second year achieving the prestigious Best Managed Gold Standard.

    Canada’s Best Managed Companies program has awarded excellence in private Canadian-owned companies with revenues of $50 million or greater for more than 30 years. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities and innovation, governance, and financial performance.

    Celebrating its 40th anniversary this year, MOBIA’s growth has been guided by a strong commitment to delivering value for customers and connecting people, communities, and businesses through innovation. Evolving from a telecommunications equipment provider to a trusted IT partner for companies executing complex business transformations, MOBIA has supported many of Canada’s largest enterprises and most recognizable brands in remaining competitive and pursuing new opportunities in shifting markets. “We couldn’t be more excited to be recognized by Canada’s Best Managed for a fifth year in a row, and to maintain our status as a Gold Standard winner!” said Mike Reeves, President and Co-Owner at MOBIA Technology Innovations. “Being acknowledged among so many of Canada’s most exceptional companies year after year energizes our team. We owe this honor to our customers, who make us better by inspiring and trusting us to innovate and cultivate the partnerships that enable us to create powerful technology solutions that meet their evolving needs.”

    Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process.

    Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

    Built on a culture of innovation and continuous improvement, MOBIA has always been agile and uniquely adaptable. This has enabled the company to respond to emerging challenges and harness new opportunities effectively. And more importantly, to help its customers do the same. Seeing trends emerge in its customers’ strategic priorities, MOBIA has spent the past year advancing its enterprise AI capabilities and strengthening its cybersecurity offerings.

    The 2025 group of Best Managed companies share common themes, including fostering a people-centric culture, implementing a strategic company framework, investing in innovation and technological advancement, and maintaining financial resilience and strong corporate governance.

    Together, these practices strengthen Canada’s economy by promoting sustainable growth, enhancing competition, and cultivating a thriving business ecosystem.

    “For over 30 years, the Best Managed program has recognized companies who see challenges as checkpoints and obstacles as opportunities,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners, including MOBIA, have combined strategic expertise and a culture of innovation to not only drive impactful business outcomes, but serve their communities as well. They should be extremely proud of this designation and use it as a catalyst to continue the work they do every day.”

    ABOUT CANADA’S BEST MANAGED COMPANIES
    Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner, one of the new winners selected each year; 2) Canada’s Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, EDC, The Globe and Mail, and TMX Group.

    For more information, please contact: bestmanagedcompanies@deloitte.ca or visit www.bestmanagedcompanies.ca.

    ABOUT MOBIA
    MOBIA is a leading expert in business transformation and innovative enterprise technology systems. With hundreds of customers across North America, MOBIA partners with organizations of all sizes, across all verticals to transform the way they work. With a focus on people, processes, technology, and culture, MOBIA helps businesses reach their full potential. MOBIA is proud to be recognized as one of Canada’s Best Managed Companies and Canada’s Top Growing Companies. To learn more, visit Mobia.io

    For information about MOBIA, contact Nicole Murphy at nicole.murphy@mobia.io.

    The MIL Network –

  • MIL-OSI: SAV Associates Develops Efficient Audit Processing Technology

    Source: GlobeNewswire (MIL-OSI)

    SAV Associates, a leading CPA firm, has developed new audit processing technology that uses advanced algorithms and machine learning to streamline audits. The solution processes financial data quickly, enhances accuracy, reduces completion time, and allows the firm to provide more thorough audits without increasing resources or extending deadlines.

    Photo Courtesy of SAV Associates

    TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — SAV Associates, a leading CPA firm with offices in Toronto, Edmonton, and the United States, has developed a new audit processing technology. This solution aims to transform the auditing industry by improving efficiency and accuracy in financial reporting and reviews.

    SAV Associates’ team of experts developed the new technology, which uses advanced algorithms and machine learning capabilities to streamline audit procedures. It addresses the growing need for faster, more accurate financial assessments in an increasingly complex business world.

    Sanjay Chadha, managing partner at SAV Associates, explained the importance of this development: “Our new audit processing technology represents a major leap forward in how we approach financial audits. We automate many time-consuming aspects of the audit process, allowing us to deliver more precise results to our clients in a fraction of the traditional time.”

    The solution comes at a crucial time for the auditing industry. Expanding regulatory requirements and the need for more efficient auditing processes across various industries are driving substantial growth in the global audit software market.

    Technology Implementation and Benefits

    The new technology from SAV Associates addresses several key challenges auditors and their clients face. It processes vast amounts of financial data quickly, identifies potential discrepancies with greater accuracy, and generates comprehensive reports that adhere to the latest regulatory standards. This reduces the time required to complete audits and minimizes the risk of human error.

    “Our clients constantly seek ways to improve their financial oversight while reducing costs,” Chadha noted. “This technology allows us to meet those needs by providing more thorough audits without increasing manpower or extending deadlines.”

    The firm has already begun implementing the new technology in its audit processes for select clients, with plans for a full rollout by the end of 2025. Initial results have shown that the technology notably reduces audit completion time and improves identification of potential financial irregularities.

    The company’s pursuit of advancement extends beyond this new technology. SAV Associates offers a comprehensive range of audit and assurance services, including SOC 1, SOC 2, and SOC 3 reports, ISAE 3402 attestations, and agreed-upon procedures engagements. Each service is tailored to meet clients’ specific needs across various industries.

    Enhancing Client Services and Industry Standards

    The introduction of this new audit processing technology will likely have far-reaching implications for SAV Associates’ clients and the auditing industry as a whole. The streamlined audit process will enable the firm to handle a larger volume of work without compromising quality or attention to detail.

    “This technology benefits our firm and has the potential to elevate standards for the entire industry,” Chadha explained. “We continuously refine and improve our processes, creating new benchmarks for what clients can expect from their auditors.”

    The enhanced efficiency of the new technology also enables SAV Associates to dedicate more time to providing valuable insights and recommendations to its clients. This shift from purely compliance-focused auditing to a more advisory role aligns with industry trends and client expectations.

    Furthermore, the technology’s ability to quickly process and analyze large volumes of data creates new possibilities for continuous auditing and real-time financial monitoring. This is particularly valuable for clients operating in fast-paced industries or those with complex, multi-jurisdictional financial structures.

    “We evolve our services while maintaining focus on providing unparalleled value to our clients,” Chadha concluded. “This new audit processing technology exemplifies how we work to stay at the forefront of the industry, guaranteeing our clients receive the most accurate, efficient, and insightful financial services possible.”

    SAV Associates continues to invest in research and development to enhance its audit processing technology further and explore new ways to use artificial intelligence and machine learning in financial services.

    Visit SAV Associates Website to learn more about its audit processing technology and comprehensive range of financial services.

    About SAV Associates

    SAV Associates is a leading CPA firm known for its excellence in financial services. The firm provides clients with a wide range of audit, assurance, and consulting services across various industries. SAV Associates has received recognition for its expertise in developing cutting-edge financial technologies and its dedication to maintaining the highest standards of quality and integrity in all its engagements.

    Contact Information:

    Contact Person’s Name: Sanjay Chadha
    Organization / Company: SAV Associates
    Company website: https://www.savassociates.ca/
    Contact Email Address: sanjaychadha@savassociates.ca
    City, State / Province, Country, Zip Code: Toronto, Ontario, Canada, M2N 0G2

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3066bbe2-dd62-4679-9395-3df0962e021b

    The MIL Network –

  • MIL-OSI: Valour Launches Curve DAO (CRV) and Litecoin (LTC) ETPs on Spotlight Stock Market, Expands Nordic Presence and Reveals New Products in Roadmap to 100 ETPs

    Source: GlobeNewswire (MIL-OSI)

    • Valour Launches CRV and LTC ETPs on Spotlight: Valour, a subsidiary of DeFi Technologies, has listed the Valour Curve DAO (CRV) and Valour Litecoin (LTC) SEK ETPs on Sweden’s Spotlight Stock Market, further expanding its Nordic footprint.
    • Comprehensive Digital Asset Exposure: With over 65 ETPs live, Valour is advancing toward its 100 ETP goal with new single-asset, thematic basket, and leveraged products—including upcoming listings for Tron (TRX), Stellar (XLM), BTC 2x, and ETH 2x.
    • Continued Product Innovation Across Europe: Valour’s growing pipeline of regulated digital asset ETPs reinforces its leadership in Europe, offering investors diversified access to blockchain assets through familiar and secure investment structures.

    TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that focuses on the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announces that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange-traded products (“ETPs“) providing simplified access to digital assets, has launched two new ETPs on the Spotlight Stock Market in Sweden: the Valour Curve DAO (CRV) SEK ETP (ISIN: CH1108679064) and the Valour Litecoin (LTC) SEK ETP (ISIN: CH1108679072).

    These new listings expand Valour’s presence in the Nordics and reinforce its mission to offer regulated, easy-to-access digital asset investment products globally.

    Valour Curve DAO (CRV) ETP
    Curve is a decentralized exchange (“DEX”) tailored for stablecoin and low-slippage trading. The CRV token governs the Curve DAO and plays a central role in DeFi infrastructure through liquidity provisioning, governance, and incentive mechanisms. The CRV ETP provides straightforward exposure to this protocol without the complexities of self-custody. Curve (CRV) currently holds a market capitalization of $940 million, placing it among the top 75 digital assets globally.

    Valour Litecoin (LTC) ETP
    Litecoin is one of the longest-standing cryptocurrencies and a foundational layer-1 blockchain. Known for its fast settlement times and low transaction costs, it has long been considered the “digital silver” complement to Bitcoin. The LTC ETP offers investors direct access to Litecoin through a secure, exchange-traded structure. Litecoin (LTC) has a market capitalization of $6.6 billion, ranking it among the top 25 digital assets worldwide.

    Each product carries a 1.9% management fee and provides seamless access through traditional brokerage accounts.

    Johanna Belitz, Head of Nordics at Valour, commented:
    “Nordic investors are increasingly seeking regulated and transparent ways to access the digital asset market. The region has a mature and engaged trading community that’s now looking beyond Bitcoin and Ethereum toward altcoins with strong use cases. By launching ETPs on Curve and Litecoin on the Spotlight Stock Market, we’re meeting that demand and expanding access to a broader range of digital assets. These additions reflect our commitment to leading in product innovation and staying responsive to investor needs.”

    Elaine Buehler, Head of Products, added:
    “When developing new ETPs, we look closely at assets that combine strong market fundamentals with real-world utility. Curve and Litecoin both meet those criteria — one driving innovation in decentralized finance, the other proving itself over a decade as a fast and efficient payment network. These ETPs are built to give investors simple, regulated access to these assets through platforms they already trust, aligning with Valour’s goal of removing complexity from digital asset investing.”

    With these new additions, Valour now offers over 65 unique digital asset ETPs—the most comprehensive lineup of its kind globally. This expansion marks continued progress toward Valour’s strategic goal of launching 100 ETPs by the end of 2025, with product rollouts planned not only across existing European exchanges like Spotlight, Börse Frankfurt, and Euronext but also in upcoming jurisdictions across the Middle East, Asia, and Africa.

    Upcoming Product Releases

    Valour continues to advance its mission to provide secure, regulated, and diversified digital asset exposure through traditional financial infrastructure. As part of its strategic roadmap to launch 100 ETPs by the end of 2025, the company is actively developing a range of new offerings, including:

    Planned Single-Asset ETPs

    • Valour Tron (TRX) ETP
      Tron is a high-throughput blockchain optimized for decentralized applications. It consistently ranks among the top digital assets by market capitalization and transaction volume, making it a compelling addition to Valour’s expanding lineup.
    • Valour Stellar (XLM) ETP
      Stellar enables fast, low-cost cross-border payments and asset transfers. Its strong adoption in financial infrastructure use cases positions it well for institutional and retail investor interest.
    • Valour OM SEK, MOVE SEK, and MOVE EUR ETPs
      These upcoming single-asset listings will offer exposure to the emerging digital assets MANTRA (OM) and Move (MOVE), in both SEK and EUR denominations.

    Thematic Basket ETPs in Development

    • Real-World Asset (RWA) & Tokenization Basket
      This basket will include leading projects focused on asset tokenization and on-chain financial infrastructure, such as Mantra, Ondo, Paxos Gold (PAXG), Tether Gold (XAUt), BUIDL, Centrifuge, Maple, and Polymesh.
    • Digital Gold Basket
      Combining traditional and digital store-of-value assets, this product will feature Bitcoin (BTC), Paxos Gold (PAXG), and Tether Gold (XAUt), offering investors a diversified hedge against inflation and currency devaluation.
    • Institutional Layer-1 Basket
      This basket will highlight blockchain networks with strong enterprise and government partnerships, including Avalanche, Algorand, Hedera, Polkadot, Sei, and BUIDL.

    Leveraged ETPs

    • Valour BTC 2x and ETH 2x ETPs
      These leveraged products are designed to provide 2x daily exposure to the price movements of Bitcoin and Ethereum, catering to investors pursuing high-conviction or tactical trading strategies.

    Continued Product Innovation

    In addition to these forthcoming launches, Valour is actively progressing on additional products across a wide range of digital assets. This continued innovation underscores Valour’s position as a leader in the European digital asset ETP market and further accelerates its progress toward the 100-ETP milestone by year-end.

    About DeFi Technologies
    DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and X/Twitter, and for more details, visit https://defi.tech/  

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF). For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of Valour Curve DAO (CRV) and Valour Litecoin (LTC) ETPs; the development of the Curve DAO and Litecoin blockchains; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

  • MIL-OSI: EAT & BEYOND COMPLETES THE ACQUISITION OF 100% OF MILO MEDIA TECHNOLOGIES INC.

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, May 07, 2025 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), an investment issuer focused on incubating first-mover opportunities in emerging markets, is pleased to announce, further to its news release of January 31, 2025, that the Company has completed the acquisition of 100% of the issued and outstanding common shares in the capital of Milo Media Technologies Inc. (“Milo Media”) in exchange for securities of Eat & Beyond pursuant to the terms and conditions of a securities exchange agreement dated January 31, 2025 (the “Definitive Agreement”) among the Company, Milo Media, the shareholders and the warrant holders of Milo Media (the “Transaction”).

    Transaction Terms

    Pursuant to the terms of the Definitive Agreement and in consideration for 100% of the issued and outstanding shares, Eat & Beyond has issued an aggregate of 15,000,000 common shares of Eat & Beyond (the “Payment Shares”) to Milo shareholders at a deemed price of $0.185 per Payment Share and issued 15,000,000 common share purchase warrants (the “Replacement Warrants”) as consideration for the disposition of all of the warrants of Milo (the “Milo Warrants”). Each Replacement Warrant permits the holder thereof to acquire one common share in the capital of Eat & Beyond (a “Share”) at a price of $0.075 per Share on or before January 30, 2025, the same exercise price and expiry date of the original Milo Warrants surrendered for cancellation.

    There is no statutory hold period for the Payment Shares or the Replacement Warrants pursuant to applicable securities laws, however, the Payment Shares are subject to voluntary hold periods as follows: 10% of the Payment Shares will become freely tradable upon the Company filing a Business Acquisition Report for the Transaction (the “BAR”), and the remaining 90% of the Payment Shares will be subject to a hold period expiring four months after the BAR is filed.

    The Transaction is an arms-length transaction and there is no change in management or the Board of Directors of Eat & Beyond.

    Strategic Significance of the Acquisition

    The acquisition of Milo Media has provided Eat & Beyond with a first-mover advantage as the first publicly traded company – to the best of the Company’s knowledge – to actively participate in the XRPL ecosystem. Milo Media’s financial infrastructure solutions are expected to enable Eat & Beyond to acquire Ripple (XRP) through active participation on the XRP network, akin to how Bitcoin miners earn Bitcoin. This unique model is expected to position Eat & Beyond to generate value directly from the network’s growth and adoption.

    “With the acquisition complete and Liquid Link now officially launched, we’re entering a new era, one where everyday users, developers, and institutions can interact with the XRPL and beyond in ways never before possible. The XRP Army has always believed in utility. Now, we’re helping deliver it” said Young Bann, CEO of Eat & Beyond.

    About Milo Media

    Milo Media is a private company existing under the laws of the Province of British Columbia. Following the closing of the Transaction, Milo Media Technologies will now operate under the trade name Liquid Link and is proud to unveil its new home at www.liquidlink.ai.

    Introducing Liquid Link: Built for the Web3 Era

    Liquid Link is developing Xrpfy, a next-generation discovery and analytics platform purpose-built for the XRP Ledger (XRPL). Designed for client-side transitions and as a self-custody-first interface, Xrpfy enables users to:

    • Search for real-world assets (RWAs), stablecoins, and the full spectrum of Web3 tokens on the XRPL ledger.
    • Discover the least-cost trading routes and identify arbitrage opportunities across the XRPL decentralized exchange (DEX).
    • Navigate the XRPL with no middlemen — Liquid Link does not facilitate trades or custody funds, but instead empowers users with powerful analytics and user-friendly tools.

    Future versions of the platform may incorporate AI agent capabilities, providing even smarter, faster ways to interact with the XRPL.

    Expanding Beyond XRPL

    While Liquid Link is laser-focused on unleashing the full potential of the XRP Ledger, it is also charting a bold multi-chain future. The company plans to build and support tools for emerging Bitcoin Layer 2 ecosystems, including:

    • The Lightning Network
    • Liquid Network
    • RGB
    • Taproot Assets

    Additionally, support for Axelar and the broader Web3 ecosystem is being actively considered, with timelines to be determined.

    These integrations will enable enterprise-grade adoption of RWAs, stablecoins, and Web3 applications across the decentralized economy.

    The Opportunity Ahead

    The global market for tokenized assets — from real estate to carbon credits, commodities to currencies — is projected to exceed $16 trillion by 2030, according to a report by Boston Consulting Group and ADDX¹1. With its ultra-fast, low-cost transaction environment, the XRP Ledger is uniquely positioned to lead this revolution.

    Liquid Link’s Xrpfy platform is built to be the gateway to this future.

    By combining intelligent search, seamless discovery, and powerful routing tools, Xrpfy will give individuals and businesses the tools they need to build, trade, and scale confidently in the Web3 economy.

    Launch Timeline

    The Xrpfy platform is currently in active development and is scheduled to launch by the end of Q2 2025.

    Join the Movement

    For updates, partnerships, and early access to Xrpfy, visit www.liquidlink.ai and follow us on social media.

    Marketing Agreements

    The Company is also pleased to announce the following marketing service agreements. The Company’s engagement of the service providers is intended to improve the Company’s visibility and prominence in the capital markets.

    On May 1, 2025, the Company entered into a marketing agreement with an arm’s length firm, Senergy Communications Capital Inc. (“Senergy”). Senergy has agreed to provide content development and digital marketing services. The agreement will remain in effect for one month with the option to renew. The Company has agreed to pay an aggregate cash fee of $150,000, plus applicable taxes. Senergy does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. Senergy’s business is located at 122 Mainland Street (Suite 228) Vancouver, BC, V6B-5L1. The contact person is Aleem Fidai, email: info@senergy.capital.

    On May 1, 2025, the Company has entered into a marketing agency agreement (the “Marketing Agreement”) with an arm’s length firm, Global One Media Limited (“Global One”) to provide, among other things, social media management, marketing and distribution services to the Company. The Marketing Agreement has an initial term of six months, and the Company will pay Global One a monthly retainer fee of US$4,500. Global One Media does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. Global One’s business is located 100 Tras Street #16-01, 100 AM Singapore, 079027. The contact person is Bastien Boulay, email: bastien@globalonemedia.com.

    On May 1, 2025, the Company has entered into a marketing consultant agreement with an arm’s length firm, Bergskogar Limited (“Bergskogar”) to provide marketing services to the Company. The agreement commences May 1, 2025 and continues to April 30, 2026, except if terminated or extended by mutual written agreement. The Company will pay Bergskogar an aggregate cash fee of EUR 75,000. Bergskogar does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. Bergkogar’s business is located 1203, 12/F, Tower 3, 33 Canton Road, Tsimshatsui, Hong Kong. The contact person is Paul Druce, tel: +44 20 3290 3801.

    The Company has engaged with an arm’s length firm, Aktien Check (“Aktien”) to provide European marketing awareness services to the Company. Aktien will provide its services for a period of three months commencing on May 1, 2025 and ending on July 31, 2025. The Company will pay Aktien a cash fee of EUR 50,000. Aktien does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. Aktien’s business is located at Bad Marienberg, Rheinland-Pfalz, Germany. The contact person is Mr. Stefan Lindam, email: Stefan.lindam@aktiencheck.de.

    About Eat & Beyond

    Eat & Beyond (CSE: EATS) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology. Led by a team of industry experts, Eat & Beyond provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors.   Through its wholly owned subsidiary, Liquid Link, the Company is entering the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: https://eatandbeyond.com/

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Caution Regarding Forward-Looking Information

    This press release includes certain “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved.

    Forward-looking information in this press release includes, but is not limited to, statements relating to the Company’s business plans and expected future growth, the expected benefits of the Transaction, the Company’s future cryptocurrency plans and strategies, the Company’s proposed strategic expansion and growth strategies, the Company’s ability to provide investors with exposure to digital assets, the potential success of the Company’s business and its brand, the growth of XRP and other digital assets and the mainstream adoption of various cryptocurrencies. Forward-looking information reflects the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies, including the speculative nature of cryptocurrencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, the Company’s ability to execute on its business plans; the Company’s ability to raise debt or equity through future financing activities; the Company’s ability to increase its business in cryptocurrency-based technologies; any adverse changes and developments regarding XRP, XRPL or the cryptocurrency ecosystem; the growth and development of decentralized finance and the digital asset sector; any new rules and regulations with respect to decentralized finance and digital assets; the inherent volatility in the prices of certain cryptocurrencies including XRP; increasing competition in the crypto and blockchain industries; general economic, political and social uncertainties in Canada and the United States; currency exchange rates and interest rates; the limited resources of the Company; the Company’s reliance on the expertise and judgment of senior management and the Company’s ability to attract and retain key personnel; the speculative nature of cryptocurrencies in general; and the Company’s ability to continue as a going concern.

    There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.

    1   BCG & ADDX Report: “Relevance of On-Chain Asset Tokenization in ‘Traditional Finance’” — Boston Consulting Group, 2022

    The MIL Network –

  • MIL-OSI: Matador Technologies Announces New Bitcoin-Centric Identity as it Expands into Technology and Investment Activities

    Source: GlobeNewswire (MIL-OSI)

    Key Highlights

    • Refreshed brand identity reflects Matador’s evolution into a vertically integrated Bitcoin-focused company.
    • Core strategy: hold Bitcoin, launch Bitcoin-native products, and reinvest proceeds into additional BTC.
    • Introduction of the Matador Bitcoin Model: a self-reinforcing approach combining treasury management, infrastructure development, and ecosystem engagement.
    • Proposed change of business to a Technology/Investment Issuer provides greater operational and strategic flexibility.
    • Matador is a participant in Strategy’s “Bitcoin for Corporations” initiative and has institutional backing from UTXO Management, Kitco Metals, and Gold Fields.

    Introducing Matador: A Bitcoin Ecosystem Company

    TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF) today unveiled its refreshed brand identity, marking a new chapter in its evolution as a vertically integrated Bitcoin ecosystem company.

    Matador’s mission is simple and powerful: buy and hold Bitcoin, launch revenue-generating products on top of Bitcoin infrastructure, and reinvest cash flow to accumulate more Bitcoin. Matador views Bitcoin as both a long-term treasury reserve asset and a foundational platform for developing digital financial products.

    Matador’s Bitcoin-Centric Brand Identity

    As part of this transformation, Matador has adopted a new logo, design system, and narrative that reflect its role in the next generation of decentralized finance. The visual identity draws inspiration from Bitcoin’s fixed rules and open architecture, while the brand voice emphasizes resilience, clarity, and long-term vision. The new brand identity, including updated visuals and messaging, is now available on the Company’s website at www.matador.network.

    The new brand embodies three core principles:

    • Bitcoin First – Everything we do starts with Bitcoin.
    • Ecosystem Aligned – We contribute to and benefit from the broader Bitcoin network.
    • Compounding by Design – Our strategy is engineered to build long-term BTC per share.

    The Matador Bitcoin Model

    Matador’s strategy is built on a compounding flywheel:

    1. Strategically Accumulate Bitcoin – Acquire BTC in a shareholder-friendly manner to maximize Bitcoin per Share (BPS).
    2. Generate Treasury Yield – Monetize Bitcoin volatility through structured yield strategies and synthetic mining (“BTC Volatility Capture Yield Mining”)
    3. Build Real-World Applications – Launch Bitcoin-native products, such as the Digital Gold Platform, which uses Grammies (1g gold units) as Bitcoin Ordinals in collaboration with leading artists.
    4. Support the Ecosystem – Partner with promising builders in the Ordinals, Layer 2, and DeFi space to advance Bitcoin’s adoption and utility.

    The model aims to create a feedback loop where product cash flows support further Bitcoin acquisition, which in turn enables the launch of new products and ecosystem partnerships.

    Strategic Shift: Proposed Change of Business

    To better support its growth trajectory and strategic mandate, Matador has proposed a change of business from a Tier 2 Technology Issuer to a Tier 2 Technology/Investment Issuer under TSXV Policy 5.2 (“Proposed COB”). This change reflects the natural progression of the Company’s business over the past six months and unlocks greater flexibility to participate in high-growth areas of the digital asset economy.

    The proposed change will allow Matador to:

    • Expand its investment mandate to include not only Bitcoin, but also tokenized real-world assets, Ordinals, NFTs, DeFi protocols, staking strategies, blockchain infrastructure, and other digital asset-based income streams.
    • Strategically issue securities to fund additional acquisitions of Bitcoin and digital assets.
    • Participate in network operations across the Bitcoin stack.
    • Build and invest in decentralized applications and tokenized platforms.
    • Develop vertically and horizontally integrated business lines across digital assets, physical assets, and Web3-native products.

    Matador will retain its core management team and Board of Directors, while adopting an investment policy that provides flexibility to pursue innovative and diversified strategies across the Bitcoin and digital asset landscape. The proposed changes are dependent on receiving TSX Venture Exchange approval of the Change of Business submission.

    Executive Commentary

    Deven Soni, Chief Executive Officer, commented:

    “Matador’s updated brand reflects the evolution of our business over the past year. We’ve structured the company around a focused Bitcoin strategy and are taking steps to align our identity, platform, and capital allocation accordingly.”

    Mark Moss, Chief Visionary Officer, added:

    “We believe Bitcoin will continue to serve as the foundation for innovation across value, ownership, and digital infrastructure. Matador’s strategy is designed to participate in and contribute to that evolution through focused development and investment.”

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network

    Phone: 647-932-2668

    About Matador Technologies Inc.
    Matador Technologies Inc. is a publicly traded Bitcoin ecosystem company that holds Bitcoin as its primary treasury asset and builds products to enhance the Bitcoin network. Through a self-reinforcing model that combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, Matador aims to grow long-term shareholder value without dilution.

    The Company’s flagship offering, the Digital Gold Platform, allows users to buy, sell, and trade 1-gram gold units inscribed as Bitcoin Ordinals—bridging traditional value with decentralized technology. With a Bitcoin-first strategy, a debt-free balance sheet, and a clear focus on innovation, Matador is helping shape the future of financial infrastructure on Bitcoin.

    Learn more at www.matador.network.

    Cautionary Statement Regarding Forward-Looking Information

    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.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with receipt of all applicable regulatory approvals for the Proposed COB and Investment Policy as currently proposed or at all, the implementation of the Company’s treasury management strategy and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the receipt of all applicable regulatory approvals, potential acquisition of Bitcoin and/or US dollars and/or other investments, the pricing of any acquisitions and/or dispositions and the timing and nature of future operations. Specifically, risks related to Bitcoin holdings and treasury strategies include, but are not limited to, significant price volatility, evolving and uncertain regulatory landscapes, potential security breaches and cyber threats, risks associated with custody solutions, market adoption and sentiment, network vulnerabilities, and the potential for technological obsolescence. Furthermore, the implementation of the Company’s strategies may be subject to unforeseen challenges and delays. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network –