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Category: GlobeNewswire

  • MIL-OSI: James River Announces Appointment of Senior Vice President, Investments and Investor Relations

    Source: GlobeNewswire (MIL-OSI)

    PEMBROKE, Bermuda, April 16, 2025 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Bob Zimardo has been appointed Senior Vice President, Investments and Investor Relations, effective April 16, 2025. He will report directly to Sarah Doran, Chief Financial Officer of the Company.

    As Senior Vice President, Investments and Investor Relations, Mr. Zimardo will be responsible for investments and investor relations activity. He brings over 20 years of experience spanning asset management, investor relations, and corporate operations across both private and public global markets. Most recently he was with International Farming, a multi-billion dollar farmland investment platform, where he served as Partner, Investor Relations and Operations. Prior to International Farming, Mr. Zimardo was the Director of Client Services at Halcyon Capital Management (now Bardin Hill Investment Partners), managing relationships across a diverse set of private market investment offerings.

    Ms. Doran commented, “We are excited that Bob has joined the James River finance team, and I personally look forward to working with him in his new role. He brings significant experience in investor relations and alternative investments and will be a key partner for all of us in working with our external stakeholders. I am confident that he will be very successful in his new role.”

    About James River Group Holdings, Ltd.

    James River Group Holdings, Ltd. is a Bermuda-based insurance holding company that owns and operates a group of specialty insurance companies. The Company operates in two specialty property-casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) by A.M. Best Company. Visit James River Group Holdings, Ltd. on the web at www.jrvrgroup.com.

    Zachary Shytle
    Senior Analyst, Investor Relations and Investments
    (980) 249-6848
    InvestorRelations@james-river-group.com

    The MIL Network –

  • MIL-OSI: Triumph Financial Releases First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, April 16, 2025 (GLOBE NEWSWIRE) — Triumph Financial, Inc. (Nasdaq: TFIN) has released its first quarter 2025 financial results. The 1Q 2025 financial results and shareholder letter are available on the Company’s website at tfin.com through the News & Events, Events & Presentations links.

    Aaron P. Graft, Vice Chairman & CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 9:30 a.m. central time on Thursday, April 17, 2025.

    The live video conference option may be accessed directly through this link, https://triumph-financial-q1-2025-earnings.open-exchange.net/ or via the Company’s website at tfin.com through the News & Events, Events & Presentations links. Alternatively, a live conference call option is available by dialing 1-833-928-4610 (International: 1-800-456-1369) requesting to be joined to meeting ID 970 6106 3843 at the prompt. An archive of this conference call will subsequently be available at this same location, referenced above, on the Company’s website.

    About Triumph

    Triumph Financial, Inc. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring, intelligence and banking. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph, TBK Bank and LoadPay.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial’s expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” and the forward-looking statement disclosure contained in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 11, 2025. Forward-looking statements speak only as of the date made and Triumph Financial undertakes no duty to update the information.

    Source: Triumph Financial, Inc.

    Investor Relations:
    Luke Wyse
    Senior Vice President, Head of Investor Relations
    lwyse@tfin.com
    214-365-6936

    Media Contact:
    Amanda Tavackoli
    Senior Vice President, Director of Corporate Communication
    atavackoli@tfin.com
    214-365-6930

    The MIL Network –

  • MIL-OSI: Union Bankshares Announces Earnings for the three months ended March 31, 2025 and Declares Quarterly Dividend

    Source: GlobeNewswire (MIL-OSI)

    MORRISVILLE, Vt., April 16, 2025 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced results for the three months ended March 31, 2025 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended March 31, 2025 was $2.5 million, or $0.55 per share, compared to $2.4 million, or $0.53 per share, for the same period in 2024.

    Balance Sheet

    Total assets were $1.52 billion as of March 31, 2025 compared to $1.42 billion as of March 31, 2024, an increase of $107.2 million, or 7.6%. Loan demand was strong in 2024 and through the first three months of 2025 resulting in an increase of $128.0 million, or 12.3 %, to reach $1.16 billion as of March 31, 2025 including $4.1 million in loans held for sale, compared to $1.04 billion as of March 31, 2024, with $3.4 million in loans held for sale. Despite the economic uncertainty in the future, asset quality remains strong with minimal past due loans and net recoveries of $1 thousand for each of the periods ended March 31, 2025 and March 31, 2024.

    In addition to the balance sheet growth in loans, qualifying residential loans of $25.8 million were sold to the secondary market for the three months ended March 31, 2025 compared to sales of $21.7 million for the three months ended March 31, 2024.

    Total deposits were $1.18 billion as of March 31, 2025 compared to deposits of $1.17 billion as of March 31, 2024, and included brokered deposits of $31.0 million and $101.5 million for the respective periods. Borrowed funds consisted of Federal Home Loan Bank advances of $240.7 million as of March 31, 2025 compared to $115.7 million as of March 31, 2024. There were also $35.0 million in advances from the Federal Reserve’s Bank Term Funding Program outstanding as of March 31, 2024.

    The Company had total equity capital of $70.1 million and a book value per share of $15.44 as of March 31, 2025 compared to $63.8 million and a book value of $14.12 per share as of March 31, 2024. Total equity capital is reduced by accumulated other comprehensive loss as it relates to the fair market value adjustment for investment securities. Accumulated other comprehensive loss as of March 31, 2025 was $31.4 million compared to $34.9 million as of March 31, 2024.

    Income Statement

    Consolidated net income was $2.5 million for the first quarter of 2025 compared to $2.4 million for the first quarter of 2024, an increase of $84 thousand, or 3.5%. Interest income increased $2.7 million, or 17.1%, to $18.3 million for the three months ended March 31, 2025 compared to $15.6 million for the three months ended March 31, 2024, due to an increase in yield on earning assets and an increase in volume for the comparison periods. Similarly, interest expense increased $1.4 million, or 21.3%, to $8.0 million for the three months ended March 31, 2025 compared to $6.6 million for the three months ended March 31, 2024 due to an increase in rates paid on customer deposits and higher rates on wholesale funding and to a lesser extent an increase in volumes. As a result of these changes during the comparison periods, net interest income increased $1.3 million, or 14.0%.

    Credit loss expense of $235 thousand was recorded for the three months ended March 31, 2025 compared to a benefit of $230 thousand recorded for the three months ended March 31, 2024. The increase in expense was to support loan growth and was not due to a deterioration in credit quality. Management continues to assess the adequacy of the Allowance for Credit Losses quarterly.

    Noninterest income decreased $127 thousand,or 4.9% to $2.4 million for the three months ended March 31, 2025 compared to $2.6 million for the same period in 2024. The decrease was due to prepayment penalties of $117 thousand received in the first quarter of 2024 that did not recur in 2025, an increase in the loss on investment securities related to deferred compensation plans of $130 thousand, partially offset by an increase in gains on sale of qualifying loans to the secondary market of $102 thousand. Noninterest expenses increased $601 thousand, or 6.5%, to $9.8 million for the three months ended March 31, 2025 compared to $9.2 million for the same period in 2024. The increase during the comparison period was due to increases of $358 thousand in salaries and wages, $92 thousand in employee benefits, $83 thousand in occupancy expenses, and $106 thousand in equipment expenses, partially offset by a decrease of $38 thousand in other expenses. Income tax expense was $150 thousand for the three months ended March 31, 2025 a decrease of $15 thousand compared to income tax expense of $165 thousand for the three months ended March 31, 2024.

    Dividend Declared

    The Board of Directors declared a cash dividend of $0.36 per share for the quarter payable May 1, 2025 to shareholders of record as of April 26, 2025.

    About Union Bankshares, Inc.

    Union Bankshares, Inc., headquartered in Morrisville, Vermont, is the bank holding company parent of Union Bank, which provides commercial, retail, and municipal banking services, as well as, wealth management services throughout northern Vermont and New Hampshire. Union Bank operates 18 banking offices, three loan centers, and multiple ATMs throughout its geographical footprint.

    Since 1891, Union Bank has helped people achieve their dreams of owning a home, saving for retirement, starting or expanding a business and assisting municipalities to improve their communities. Union Bank has earned an exceptional reputation for residential lending programs and has been recognized by the US Department of Agriculture, Rural Development for the positive impact made in lives of low to moderate home buyers. Union Bank is consistently one of the top Vermont Housing Finance Agency mortgage originators and has also been designated as an SBA Preferred lender for its participation in small business lending. Union Bank’s employees contribute to the communities where they work and reside, serving on non-profit boards, raising funds for worthwhile causes, and giving countless hours in serving our fellow residents. All of these efforts have resulted in Union receiving and “Outstanding” rating for its compliance with the Community Reinvestment Act (“CRA”) in its most recent examination. Union Bank is proud to be one of the few independent community banks serving Vermont and New Hampshire and we maintain a strong commitment to our core traditional values of keeping deposits safe, giving customers convenient financial choices and making loans to help people in our local communities buy homes, grow businesses, and create jobs. These values–combined with financial expertise, quality products and the latest technology–make Union Bank the premier choice for your banking services, both personal and business. Member FDIC. Equal Housing Lender.

    Forward-Looking Statements

    Statements made in this press release that are not historical facts are forward-looking statements. Investors are cautioned that all forward- looking statements necessarily involve risks and uncertainties, and many factors could cause actual results and events to differ materially from those contemplated in the forward-looking statements. When we use any of the words “believes,” “expects,” “anticipates” or similar expressions, we are making forward-looking statements. The following factors, among others, could cause actual results and events to differ from those contemplated in the forward-looking statements: uncertainties associated with general economic conditions; changes in the interest rate environment; inflation; political, legislative or regulatory developments; acts of war or terrorism; the markets’ acceptance of and demand for the Company’s products and services; technological changes, including the impact of the internet on the Company’s business and on the financial services market place generally; the impact of competitive products and pricing; and dependence on third party suppliers. For further information, please refer to the Company’s reports filed with the Securities and Exchange Commission at www.sec.gov or on our investor page at www.ublocal.com.

    Contact: 

    David S. Silverman
    (802) 888-6600

    The MIL Network –

  • MIL-OSI: XRP News: XploraDEX $XPL Presale Sparks Frenzy With 5 Days Remaining—XRPL Traders Rush to Secure Final Allocations

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 16, 2025 (GLOBE NEWSWIRE) — The XploraDEX $XPL presale has officially entered its most explosive phase yet. With just 5 days remaining, traders across the XRP ecosystem are racing to grab what’s left of the rapidly vanishing allocation. What started as a quiet opportunity has turned into a full-blown frenzy as demand intensifies and momentum surges.

    Built as the first AI-powered decentralized exchange on the XRP Ledger, XploraDEX is positioning itself as the new frontier of DeFi. The platform integrates real-time market prediction, intelligent trade automation, and adaptive portfolio tools—designed to give traders an edge in a volatile crypto environment.

    Join $XPL Presale Now

    Now, as the presale nears its conclusion, the numbers speak for themselves. Over 71% of the token allocation has already been claimed, while thousands of new wallets have connected to the sale portal in just the last 72 hours. Community discussions are heating up, influencers are weighing in, and whale wallets are quietly stacking $XPL before the price jump.

    Unlike traditional DEXs, XploraDEX leverages artificial intelligence to transform the way trading is done. Users will be able to:

    • Predict market moves with AI-generated signals
    • Automate their trades using advanced logic
    • Optimize portfolio performance with minimal effort

    Participate in $XPL Presale

    And $XPL is the key to it all. Token holders will enjoy access to the full AI suite, reduced trading fees, staking opportunities, and launchpad participation rights. Early buyers also gain exclusive governance access and early entry into platform expansion phases.

    The $XPL presale is more than just a token sale—it’s an invitation to participate in a protocol that’s innovating from the ground up. As XRPL evolves, XploraDEX stands at the intersection of speed, intelligence, and decentralization.

    With only five days left, the window is shrinking by the hour. Traders who wait could miss out not just on the lowest price—but on the first real chance to be part of XRPL’s intelligent trading revolution.

    This is the final stretch. And it’s not slowing down.

    Join the $XPL Presale While You Still Can: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b34716c2-b4bd-4547-b304-8851da9fdf5e

    The MIL Network –

  • MIL-OSI: AgriDex Launches The All-in-One Solution for Agricultural Payments

    Source: GlobeNewswire (MIL-OSI)

    London, UK, April 16, 2025 (GLOBE NEWSWIRE) — AgriDex, a global marketplace for agriculture, launches Loam, a next-generation payments platform to transform cross-border transactions in the agricultural sector. Loam leverages digital payments powered by stablecoins to deliver fast, low-cost, and reliable settlements. It is targeting a $40 million transaction volume by the end of the year.

    Traditional systems, reliant on banks and intermediaries, often burden agricultural businesses with slow settlements and high fees. For every tonne of cocoa shipped from Nigeria to Rotterdam, roughly 12.6% of the total trade cost is spent on transaction costs, taking weeks to process payments. This directly impacts the price and availability of food and farmers’ revenues.

    Loam disrupts this model, making cross-border payment accessible for farmers, producers, and traders. It eliminates financial bottlenecks and enables near-instant global payments and automated invoice processing. Loam settles transactions in under 5 seconds with fees below 0.5%, empowering agricultural businesses to scale faster and more efficiently.

    “Agriculture is one of the few industries in which every country actively participates, regardless of economic or political differences. Unlike other commodities, agricultural goods are universally traded because food security is a global priority. Loam ensures its solution is relevant and widely applicable and allows seamless cross-border transactions, helping producers, traders, and buyers operate more efficiently. Better payments mean a stronger food supply chain,”– said Henry Duckworth, CEO and Founder of AgriDex.

    Designed to be user-friendly, Loam offers an intuitive experience so farmers can deposit, withdraw, and transact using simple interfaces and PIN-based security—no technical expertise is required. Loam supports multi-currency payments and ensures all transactions occur within a secure, verified network of users, creating a trusted environment for smaller farmers and traders.

    About AgriDex 
    AgriDex is creating a seamless, transparent, and cost-efficient global marketplace for agriculture. It has partnered with some of the world’s largest food producers and traders and tokenized trades involving wine, olive oil, cocoa, coffee, and livestock. By leveraging the Solana blockchain, AgriDex enables cheap and instant settlement and supply chain transparency across the entire agricultural value chain. The company has raised $9M from leading industry investors, including Portal Ventures, Endeavour Ventures, and its customers. For more information, please visit https://agridex.com/

    The MIL Network –

  • MIL-OSI: Olympia Gaming Launches Mobile Apps, LB Rewards and CF Rewards

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 16, 2025 (GLOBE NEWSWIRE) — Olympia Gaming, the developer of Casino Fandango in Carson City, NV and Legends Bay Casino in Sparks, NV and Quick Custom Intelligence (QCI) today announced the rollout of mobile apps, LB Rewards and CF Rewards. With this launch, Olympia Gaming becomes the first operator in Northern Nevada to deliver the QCI Player App, setting a new regional standard for real-time, mobile guest engagement.

    Current Features (Now Available):

    • Player Account Information – live tier status, point balance, free play, and comp dollars
    • Offer Listing – view of current and upcoming offers including free play, dining and hotel
    • Secure Tax Forms – digital retrieval of win/loss statements and tax documentations
    • Push Notifications & Event Alerts – real-time updates tailored to guest preferences

    Future Features (Coming Soon):

    • Entertainment & Special Event Schedule – full calendar of concerts and events
    • Host Chat & Service Requests – direct, secure messaging for concierge-level support
    • Interactive Property Navigation – maps, parking guidance, and way-finding tools
    • Interactive Prizes – in-app rewards that are redeemable at either casino

    “Launching the QCI Player App is a milestone for both Casino Fandango and Legends Bay Casino,” said DeCourcy Graham, Chief Operating Officer at Olympia Gaming. “Our guests can now see their rewards, view exclusive offers, and even access tax forms—all from their mobile device, furthering the value of our rewards program. We are thrilled to pioneer this technology in Northern Nevada and elevate the guest experience across our properties.”

    With a combined focus on value and exceeding guest expectations, Olympia Gaming and QCI’s collaboration is delivering on a promise to set a new industry standard, offering capabilities that surpass current market offerings.

    “Olympia Gaming challenged us to create an app that goes beyond basic account lookup and truly empowers the player,” said Dr. Ralph Thomas, Chief Executive Officer at QCI. “This successful launch reflects a close collaboration between the Olympia team and QCI, and we are excited to see the QCI Player App drive deeper engagement and new revenue opportunities for both properties.”

    The LB Rewards and CF Rewards mobile apps are now available for download on Apple IOS and Google Play store.

    ABOUT Olympia Gaming
    Olympia Gaming is the gaming development division of Olympia Companies, whose subsidiaries and related entities include Casino Fandango in Carson City and Legends Bay Casino in Sparks. Voted the best casino in Carson City year after year, Casino Fandango features a wide variety of gaming, dining, and entertainment venues. Legends Bay Casino builds upon Olympia’s success in Carson City with the latest slots and table games, northern Nevada’s only Circa Sports Sportsbook, several original dining and bar concepts, as well as seamless access to the open-air shopping and dining at the Outlets at Legends and the adjacent Sparks Marina. For more information, visit Olympia Gaming.

    ABOUT QCI
    Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI Enterprise Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and Europe. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI’s data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at www.quickcustomintelligence.com.

    ABOUT Dr. Ralph Thomas
    Ralph is a product visionary in applied analytics and the founder of two companies that deliver solutions in casino gaming, education, and adult learning. As a gaming industry veteran, Dr. Thomas has substantial experience implementing analytics into single and multi-property gaming companies to drive tangible and measurable gains to the bottom line and has built business intelligence tools for multibillion-dollar casinos. Dr. Thomas is co-author of seven books and over 80 articles on applied analytics and data science in gaming, an inventor on dozens of patents, and understands gaming from raw data up through casino operations, giving him a unique, 360-degree view of the industry.

    For all media inquiries, please contact:
    Jeff Wagner: jeff@jeffwagneragency.com
    Michelle Loosbrock: michelle@jeffwagneragency.com
    Joel Rovics: jrovics@quickcustomintelligence.com

    The MIL Network –

  • MIL-OSI: Logansport Financial Corp. Reports Net Earnings for the Quarter Ended March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    LOGANSPORT, Ind., April 16, 2025 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCBB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended March 31, 2025 of $377,000 or $0.61 per diluted share, compared to earnings in 2024 of $268,000 or $0.44 per diluted share. The Dividends paid to shareholders were $0.45 per share in the first quarter of 2025.

    Total loans were $172.3 million on March 31, 2025 compared to loans in 2024 of $168.5 million. Deposits were $229.5 million on March 31, 2025 compared to deposits in 2024 of $194.6 million. Total assets on March 31, 2025 were $266.2 million compared to assets in 2024 of $243.5 million.

    The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involves a number of risks and uncertainties. A number of factors could cause results to differ materially from the objectives and estimates expressed in such forward-looking statements. These factors include, but are not limited to, changes in the financial condition of issuers of the Company’s investments and borrowers, changes in economic conditions in the Company’s market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company’s market area, changes in the position of banking regulators on the adequacy of our allowance for loan losses, and competition, all or some of which could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These factors should be considered in evaluation of any forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

    Logansport Financial Corp.
    Selected Financial Data
    (Dollars in thousands except for share data)
           
         
        3/31/2025 3/31/2024
    		  
           
    Total Assets   $ 266,202 $ 243,484  
           
    Loans receivable, net     172,300   168,491  
    Allowance for loan losses     1,947   2,934  
    Cash and cash equivalents     21,367   2,588  
    Interest Bearing Time Deposits in banks     –   –  
    Securities available for sale     53,820   57,318  
    Federal Home Loan Bank stock     3,150   3,150  
    Deposits     229,461   194,598  
    FHLB borrowings and note payable     15,000   26,136  
    Shareholders’ equity     20,843   20,801  
    Shares Issued and Outstanding     613,153   612,822  
    Nonperforming loans     3,106   545  
    Real Estate Owned     –   –  
           
           
        Three months ended 3/31
          2025   2024  
           
    Interest income   $ 3,442 $ 3,088  
    Interest expense     1,520   1,474  
    Net interest income     1,922   1,614  
    Provision for loan losses     –   –  
    Net interest income after provision     1,922   1,614  
    Gain on sale of loans     53   51  
    Other income     190   240  
    General, admin. & other expense     1,756   1,653  
    Earnings before income taxes     409   252  
    Income tax expense     32   (16 )
    Net earnings   $ 377 $ 268  
    Earnings per share   $0.61 $0.44  
    Weighted avg. shares o/s-diluted     613,153   612,822  

    Contact: Kristie Richey
    Chief Financial Officer
    Phone-574-722-3855
    Fax-574-722-3857

    The MIL Network –

  • MIL-OSI: SECU Foundation Grants $500,000 to Raleigh Rescue Mission for New Campus to Help Address Homelessness

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., April 16, 2025 (GLOBE NEWSWIRE) — SECU Foundation has awarded a $500,000 challenge grant to Raleigh Rescue Mission (RRM) to support the non-profit’s construction of a new campus in Knightdale for women and children experiencing homelessness. The future 100-room facility will provide long-term transitional housing for up to 350 women and children as well as a child development center.

    RRM provides comprehensive services to help homeless individuals gain stability and self-sufficiency. They report that 84% of their clients find employment at the conclusion of their program. Currently, RRM is able to assist 120 individuals in its Raleigh location and serve 18 families in transitional apartments. Their capacity to help Wake and surrounding counties will expand significantly with two campuses, allowing them to serve an additional 600 women and 200 men annually.

    “We are pleased to support Raleigh Rescue Mission’s new campus,” said SECU Foundation Board Chair Chris Ayers. “Homelessness in Wake County continues to increase each year, making the need for services and housing that much more important. We look forward to seeing the positive impacts this facility will have on individuals and families as RRM expands their work to help even more people rebuild their lives and make our collective communities stronger.”

    “More than 1,600 people call Raleigh Rescue Mission each year, seeking shelter, stability, and hope,” said RRM CEO John Luckett. “The original downtown facility can only provide 100 beds per night, forcing RRM to turn away more than 90% of those who reach out. Thanks to generous donors like SECU Foundation, RRM’s second campus, The Garden, will change lives on an unprecedented scale. This new, purpose-designed campus for women and children will triple the nightly capacity, empower 600-900 women and children annually regain independence, and preserve and expand the downtown location for men, increasing capacity and enabling 300-360 men per year to rebuild their lives. This is more than a building—it’s a transformational leap forward in how RRM serves those in need.”

    About SECU and SECU Foundation
    A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for 87 years. SECU is the second largest credit union in the United States with $53 billion in assets. It serves more than 2.8 million members through 275 branch offices, 1,100 ATMs, Member Services Support via phone, www.ncsecu.org, and the SECU Mobile App. The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high-impact projects in the areas of housing, education, healthcare, and human services. Since 2004, SECU Foundation has made a collective financial commitment of over $300 million for initiatives to benefit North Carolinians statewide.

    Contact: Jama Campbell, Executive Director, secufoundation@ncsecu.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d06a77a-17bc-44ea-b84d-08ec8a17e403

    The MIL Network –

  • MIL-OSI: Aptorum Group Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, April 16, 2025 (GLOBE NEWSWIRE) — Aptorum Group Limited (NASDAQ: APM), a leading Biotechnology company, today announced that it has received a notification from the Nasdaq Stock Market LLC dated 15 April 2025 regarding non-compliance with the minimum bid price requirement of $1 per share, as per Nasdaq Listing Rule 5550(a)(2).

    The notification does not immediately affect the listing or trading of the company’s shares on Nasdaq. Aptorum Group Limited has been granted a 180-calendar-day grace period, until 14 October 2025, to regain compliance with the continued listing requirements.

    During this period, Aptorum Group Limited intends to evaluate all available options to restore compliance, including, if necessary, a reverse stock split. The company is committed to maintaining its Nasdaq listing and will take all reasonable measures to achieve compliance within the stipulated time frame.

    About Aptorum Group Limited

    Aptorum Group Limited is a pharmaceutical company, which engages in the discovery, development, and commercializing of therapeutic assets to treat diseases with unmet medical needs.

    Forward-Looking Statements

    This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect the company’s current expectations and projections about future events and are based on assumptions. Actual results may differ materially from those projected.

    For further information, please contact: investor.relations@aptorumgroup.com

    The MIL Network –

  • MIL-OSI: NOTICE OF ANNUAL GENERAL MEETING IN TERRANET AB

    Source: GlobeNewswire (MIL-OSI)

    N.B. THIS ENGLISH TEXT IS AN UNOFFICIAL TRANSLATION OF THE SWEDISH ORIGINAL OF THE NOTICE TO ATTEND THE EXTRAORDINARY GENERAL MEETING IN TERRANET AB, AND IN CASE OF ANY DISCREPANCIES BETWEEN THE SWEDISH AND THE ENGLISH TRANSLATION, THE SWEDISH TEXT SHALL PREVAIL.

    The shareholders of Terranet AB, reg. no. 556707-2128, (the “Company“) are hereby invited to the Annual General Meeting on 23 May 2025 at 14.00 at Mobilvägen 12, Bricks building, room “Oktagonen”, Lund. Registration will commence at 13.45 p.m.

    ELIGIBILITY AND REGISTRATION

    Shareholders who wish to attend the General Meeting shall

    • be entered in the share register maintained by Euroclear Sweden AB on 15 May 2025,
    • notify the Company no later than 19 May 2025 of their intention to attend the meeting by e-mail to pal.eriksson@terranet.se or by mail to the Company at Mobilvägen 10, SE-223 62 Lund, Sweden, and mark the envelope with “Annual General Meeting 2025”. When giving notice of attendance, shareholders must state their name, personal or corporate identity number, address, and telephone number and, where applicable, information about assistants (maximum 2).

    NOMINEE-REGISTERED SHARES

    Shareholders whose shares are registered in the name of a nominee must have their shares registered in their own name in order to be entitled to attend the AGM. Such registration may be temporary (so-called voting rights registration) and is requested from the nominee according to the nominee’s procedures. Voting rights registrations that have been completed (registered with Euroclear Sweden AB) no later than 19 May 2025 are taken into account in the preparation of the share register.

    PROXY

    Shareholders represented by proxy shall issue a written power of attorney for the proxy, signed and dated by the shareholder. The period of validity of the power of attorney may not exceed five years if specifically stated. If no period of validity is specified, the power of attorney shall be valid for a maximum of one year. If the power of attorney is issued by a legal entity, a copy of the certificate of registration or equivalent for the legal entity must be attached. A copy of the power of attorney and any registration certificate should be sent by letter or e-mail to the Company at the above addresses in good time before the meeting. Furthermore, the original power of attorney must be brought to the meeting. A proxy form is available on the Company’s website (www.terranet.se) no later than three weeks before the meeting.

    PROPOSED AGENDA

    1.   Opening of the meeting
    2.   Election of Chairman
    3.   Establishing and approval of the voting list
    4.   Election of one or more persons to verify the minutes
    5.   Examination of whether the meeting has been duly convened
    6.   Approval of the agenda
    7.   Presentation of the annual accounts and the auditors’ report as well as the consolidated accounts and the consolidated auditors’ report
    8.   Decision on
    a)  Adoption of the income statement and balance sheet and the consolidated income statement and consolidated balance sheet
    b)  Allocation of the Company’s profit or loss according to the adopted balance sheet and the adopted consolidated balance sheet
    c)  Discharge from liability of the members of the Board of Directors and the Managing Director
    9.   Resolution on the determination of the number of members of the Board of Directors and
    10.   Resolution on the determination of the remuneration of the Board of Directors and auditors
    11.   Election of the Board of Directors, auditors and any deputies
    12.   Resolution to amend the articles of association
    13.   Resolution on approval of the Board of Directors’ decision of 16 April 2025 on a directed issue of units
    14.   Resolution to approve the Board of Directors’ decision of 16 April 2025 on a rights issue of units
    15.   Resolution on authorisation for the Board of Directors to resolve on new issues of shares, warrants and/or convertibles
    16.   Resolution authorising the Board of Directors to make minor adjustments to the resolutions adopted by the General Meeting
    17.   Closure of the meeting

    PROPOSAL FOR A DECISION BY THE NOMINATION COMMITTEE

    Prior to the Annual General Meeting of the Company, the Nomination Committee was established by the Chairman of the Board of Directors contacting the shareholders who, as of August 31, 2024, were the three largest shareholders in the Company, who each appointed one member to the Nomination Committee.

    Prior to the 2025 AGM, the Nomination Committee consisted of Julian Aleksov, Chairman of the Nomination Committee, appointed by Maida Vale Capital AB and Oliver Aleksov, Michael Knutsson, appointed by Knutsson Holdings AB, and Torgny Hellström, Chairman of the Board of Terranet AB. The members are appointed by shareholders who, as of March 31, 2025, together represented approximately 13.09 percent of the voting rights for all shares in the Company. The Nomination Committee proposes the following.

    Item 2 – Election of the Chairman

    The Nomination Committee proposes that attorney Mark Falkner of Eversheds Sutherland Advokatbyrå AB be elected Chairman and keeper of the minutes of the Annual General Meeting or, if he is prevented from attending, the person he designates.

    Item 9 – Determination of the number of Board members and auditors

    The Nomination Committee proposes that the Board of Directors shall consist of five (5) members without deputies.

    The Nomination Committee further proposes that the Company shall have a registered accounting firm as auditor.

    Item 10 – Determination of fees for the Board of Directors and auditors

    The Nomination Committee proposes that a fee of SEK 185,000 shall be paid to each of the Board members elected by the AGM who are not employed by the Company or the Group and SEK 495,000 to the Chairman of the Board.

    The Nomination Committee proposes that a fee of SEK 27,500 shall be paid to each of the members of the Remuneration Committee (maximum three members). The Nomination Committee further proposes that a fee of SEK 65,000 shall be paid to each of the members of the Audit Committee (maximum two members) and that a fee of SEK 110,000 shall be paid to the Chairman of the Audit Committee.

    The auditor’s fees shall be paid according to approved invoices.

    Item 11 – Election of the Board of Directors, auditors and any deputies
    The Nomination Committee proposes that Torgny Hellström, Anders Blom, Magnus Edman and Mats Fägerhag be re-elected as ordinary Board members. Furthermore, it is proposed that Uwe Brandenburg be elected as an ordinary Board member. Nils Wollny and Tarek Shoeb have declined re-election. Torgny Hellström is proposed to be re-elected as Chairman of the Board.

    Uwe Brandenburg, born 1966        
    Uwe Brandenburg, a German citizen, holds a bachelor’s degree in telecommunications technology and is Chief Technology Officer for Automotive and Manufacturing at DXC Luxoft.        

    Uwe has worked 30 years in senior positions in the automotive, telecommunications and semiconductor industries. He has been ADAS CTO and Global Engineering Head at Valeo, Global Head for Camera and Radar Development at Continental and ADAS Engineering Director Europe at Autoliv. Autoliv, Continental and Valeo are all three major suppliers to the automotive industry.

    The Nomination Committee further proposes re-election of the registered accounting firm Ernst & Young Aktiebolag (“E&Y”) as the Company’s auditor for the period until the end of the Annual General Meeting 2026. E&Y has notified that the authorised public accountant Martin Henriksson will continue to be the auditor in charge.

    THE BOARD’S PROPOSAL FOR A DECISION

    Item 8b – Resolution regarding allocation of the Company’s profit or loss according to the adopted balance sheet and the adopted consolidated balance sheet

    The Board of Directors proposes that all funds available to the Annual General Meeting be carried forward.
    Item 12 – Resolution on amendment of the Articles of Association

    The Board of Directors proposes that the Annual General Meeting resolves to amend the Articles of Association as set out below.        

    Current wording Proposed wording
    § 4 Share capital

    The share capital shall be not less than SEK 3 300 000 and not more than SEK 13 200 000.

    		 § 4 Share capital

    The share capital shall be not less than SEK 14,500,000 and not more than SEK 58,000,000.
    § 5 Number of shares

    The number of shares shall be not less than 330 000 000 and not more than 1 320 000 000.

    		 § 5 Number of shares

    The number of shares shall be not less than 1,450,000,000 and not more than 5,800,000,000.

    The CEO, or the person appointed by the Board of Directors, shall be entitled to make any minor adjustments that may be required in connection with the registration of the resolution with the Swedish Companies Registration Office. In the event that the share capital or the number of shares after registration of the directed issue and/or the rights issue under items 13 and 14, respectively, on the agenda falls below the proposed limits in the articles of association, the limits shall be adjusted to the extent necessary to enable registration.        
    The resolution under this paragraph shall be valid only if supported by shareholders holding not less than two-thirds (2/3) of both the votes cast and the shares represented at the meeting.

    Item 13 – Resolution on approval of the Board of Directors’ resolution of 16 April 2025 on a directed share issue

    The board of directors proposes that the general meeting resolves to approve the board of directors’ resolution of 16 April 2025 on a new issue of up to 5,461,210 units (the “Directed Issue“). The resolution shall otherwise be subject to the following conditions.

    1.        The new shares of Series B and warrants shall be issued in units. Each unit shall contain 33 shares of Series B and five (5) warrants of series TO9 B.

    2.        The Company’s share capital may be increased by a maximum of SEK 1,802,199.30 through the issue of a maximum of 180,219,930 shares of series B. A maximum of 27,306,050 warrants of series TO9 B shall be issued, entailing an increase in the share capital upon full exercise by a maximum of SEK 273,060.50.

    3.        The right to subscribe for shares in the Directed Issue shall, with deviation from the shareholders’ preferential rights, be granted to a number of pre-announced investors, existing shareholders and members of the Company’s management and board of directors. Prior to the decision on the Directed Issue, the Board of Directors has carefully investigated and considered alternative financing options, including raising capital solely through a rights issue. However, after an overall assessment and taking into account that a directed share issue allows the Company to raise capital earlier, the Board of Directors considers that new share issues carried out with deviation from the shareholders’ preferential rights in combination with a rights issue is a more favourable option for the Company and the Company’s shareholders than a rights issue alone. The Company is in an important phase and has a need for financing to ensure the Company’s long-term operations. It is therefore the Board of Directors’ assessment that a directed issue is the most appropriate financing solution given the current market conditions and the Company’s capital needs and that it is in the interest of all shareholders to carry out the Second Directed Issue.        

    4.        The subscription price per unit amounts to SEK 2.97, corresponding to a subscription price per B-share of SEK 0.09. The subscription price in the Directed Issue has been determined after negotiations with the subscribers and corresponds to a premium of approximately four percent in relation to the volume-weighted average price of the Company’s share on Nasdaq First North Premier Growth Market during the period 7 April 2025 up to and including 11 April 2025 and is considered by the Board of Directors to be on market terms. The subscription price also corresponds to the subscription price in the Rights Issue, which the Board of Directors decided on 16 April 2025. The share premium shall be added to the unrestricted share premium reserve.

    5.        Subscription can only be made in units and thus not of shares and warrants separately. Allotment may only take place in units. However, after the completion of the issue, the shares and warrants will be separated.

    6.        Subscription shall be made on a separate subscription list on the day of the unit issue. However, the board of directors is entitled to postpone the last day for subscription.        

    7.        Payment shall be made within three (3) banking days of the date on which the General Meeting approves the decision of the Board of Directors. However, the Board of Directors is entitled to postpone the final date for payment.        

    8.        Each warrant of series TO9 B entitles the holder to subscribe for one (1) Class B share at a subscription price corresponding to SEK 0.18. The subscription price may not be less than the share’s quota value applicable at any given time. Subscription for new shares by exercising the warrants of series TO9 B may take place during the period from 1 December 2025 up to and including 15 December 2025. Any surplus price upon subscription for new Class shares of Series B by exercising the warrants shall be added to the unrestricted share premium reserve. The warrants are subject to additional conditions including customary conversion conditions.

    9.        The new shares entitle their holders to dividends from the date of their entry in the share register.

    10.        The Board of Directors or the person appointed by the Board of Directors is authorized to make the minor adjustments necessary for the registration of the resolution with the Swedish Companies Registration Office.        

    The resolution under this item is valid only if supported by shareholders representing at least nine-tenths (9/10) of both the votes cast and the shares represented at the meeting. The resolution is conditional upon the Meeting approving the proposal to amend the Articles of Association in accordance with item 12 above and that the resolution is registered with the Swedish Companies Registration Office.

    Item 14 – Resolution to approve the Board of Directors’ decision of 16 April 2025 on a rights issue of units        
    The board of directors proposes that the general meeting approves the board of directors’ resolution of 11 April 2025 on a new issue of a maximum of 13,880,714 units with preferential rights for existing shareholders (the “Rights Issue“). The resolution shall otherwise be subject to the following conditions.

    1. The new shares of Series B and warrants shall be issued in units. Each unit shall contain 12 (twelve) shares of Series B and three (3) warrants of series TO9 B.
    2. The Company’s share capital may be increased by a maximum of SEK 1,665,685.68 through the issue of a maximum of 166,568,568 shares of Series B. A maximum of 41,642,142 warrants of series TO9 B shall be issued, entailing an increase in the share capital upon full exercise by a maximum of 416,421.42
    3. The right to subscribe for units shall, with preferential rights, be granted to those who are registered as shareholders in the Company on the record date for the Rights Issue, whereby the holding of one (1) share of series B entitles to one (1) unit right. 86 unit rights entitle to subscription of one (1) share of series B.
    4. Shareholders registered in the Company’s share register maintained by Euroclear Sweden AB on the record date of 29 April 2025 will receive unit rights for participation in the Rights Issue.        
    5. In the event that not all units are subscribed for with unit rights, the Board of Directors shall, within the framework of the maximum amount of the rights issue, decide on allocation in accordance with the allocation principles below:

    (i)   In the first instance, allotment shall be made to those who have also subscribed for shares by virtue of subscription rights, regardless of whether the subscriber was a shareholder on the record date or not, and in the event of oversubscription in relation to the number of subscription rights that each person has exercised for subscription of shares and, to the extent that this cannot be done, by drawing lots.

    (ii)   Secondly, allotment shall be made to others who have subscribed for shares without subscription rights and, in the event that they cannot receive full allotment, in proportion to the number of shares that each has applied for subscription and, to the extent that this cannot be done, by drawing lots.

    (iii)   Ultimately, any remaining shares shall be allocated to the underwriters who have entered into underwriting commitments in proportion to the size of the respective underwriting commitment and, to the extent that this cannot be done, by drawing lots.

    1. Subscription can only be made in units and thus not of shares and warrants separately. Allotment may only take place in units. However, after the completion of the issue, the shares and warrants will be separated.
    2. Subscription of units shall take place during the period from 27 May 2025 up to and including 11 June 2025. The Board of Directors is entitled to extend the subscription period.
    3. The subscription price shall be SEK 1.08 per unit, corresponding to a subscription price of SEK 0.09 per B share. The warrants are issued without consideration. The share premium shall be added to the unrestricted share premium reserve.
    4. Payment of units shall be made in cash. Payment of units subscribed for with preferential rights shall be made at the same time as subscription takes place during the period from 26 May 2025 up to and including 9 June 2025. Payment of units subscribed for without preferential rights shall be made no later than three (3) banking days after the allotment notice has been sent to the subscriber. The Board of Directors has the right to extend the payment period.
    5. Each warrant of series TO9 B entitles the holder to subscribe for one (1) Class B share at a subscription price corresponding to SEK 0.18. The subscription price may not be less than the share’s quota value applicable at any given time. Subscription for new shares by exercising the warrants of series TO9 B may take place during the period from 1 December 2025 up to and including 15 December 2025. Any surplus price upon subscription for new Class shares of Series B by exercising the warrants shall be added to the unrestricted share premium reserve. The warrants are subject to additional conditions including customary conversion conditions.
    6. The new shares entitle their holders to dividends from the date of their entry in the share register.

    The resolution is conditional upon the AGM approving the proposal to amend the Articles of Association in accordance with item 12 above and that the resolution is registered with the Swedish Companies Registration Office.

    Item 15 – Resolution on authorisation for the Board of Directors to resolve on new issues of shares, warrants and/or convertibles

    The Board of Directors of the Company proposes that the Annual General Meeting resolves to authorise the Board of Directors, until the next Annual General Meeting, on one or more occasions, to issue shares of series B, warrants and/or convertibles with the right to subscribe for or convert shares of series B, with or without deviation from the shareholders’ preferential rights, within the limits of the Articles of Association applicable from time to time, to be paid in cash, in kind and/or by way of set-off.

    The main reason for the Board of Directors to be able to decide on a new share issue without preferential rights for shareholders as described above is to be able to raise new capital to increase the Company’s flexibility for financing.

    For the resolution to be valid, the proposal must be supported by shareholders representing at least two thirds (2/3) of both the votes cast and the shares represented at the Annual General Meeting.

    Item 16 – Resolution authorising the Board of Directors to make minor adjustments to the resolutions adopted by the Meeting

    The Board of Directors proposes that the Meeting authorises the Board of Directors, the Managing Director or the person otherwise appointed by the Board of Directors to make such minor adjustments and clarifications to the resolutions adopted at the Meeting to the extent required for registration of the resolutions.

    OTHER

    Documents and information

    The notice, accounting documents, auditor’s report and proxy form will be made available to shareholders at the Company no later than three weeks before the meeting and will be sent free of charge to shareholders who so request and state their postal address. The documents will also be published on the Company’s website, www.terranet.se, no later than the same day.

    According to Chapter 7, Section 32 of the Swedish Companies Act, shareholders have the right to request information from the Board of Directors and the CEO regarding circumstances that may affect the assessment of an item on the agenda or the assessment of the Company’s financial situation. The board of directors and the managing director shall disclose such information if the board of directors considers that it can be done without material harm to the Company.

    Processing of personal data

    The personal data collected from the share register maintained by Euroclear Sweden AB, notifications received and information about proxies and assistants will be used for registration, preparation of the voting list for the general meeting and, where applicable, minutes of the general meeting. For further information on how your personal data is processed, see www.euroclear.com/dam/ESw/Legal/Integritetspolicy-bolagsstammor-svenska.pdf

    Number of shares and votes

    At the time of publication of this notice, the total number of shares in the Company amounts to 1,193,741,451, divided into 1,083,063 shares of series A and 1,192,658,388 shares of series B. After registration of the directed share issue resolved by the Board of Directors on 16 April 2025, pursuant to the authorization granted by the Annual General Meeting 2024, the total number of shares in the Company will amount to 1,291,299,252, divided into 1,083,063 shares of series A and 1,290,216,189 shares of series B. Each Class A share entitles to two (2) votes and each Class B share entitles to one (1) vote

    _____________________________

    Lund in April 2025
    Terranet AB
    The Board of Directors

    About Terranet
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

    Attachment

    The MIL Network –

  • MIL-OSI: Quadient Recognized in Analyst Report on Top AI Use Cases for Finance Automation

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, announces it has been recognized in a recent Forrester report on ways artificial intelligence (AI) is transforming accounts receivable (AR) processes. The report, “Top AI Use Cases for Accounts Receivable Automation In 2025,” includes mentions of Quadient AR for cash application and payment notice. Quadient considers its inclusion in the report as proof of the impact its AI- and machine learning-powered financial process automation offer, enhancing efficiency, accuracy, and decision-making capabilities.

    Manual AR, AP and invoice processes lead to inefficiencies, compliance risks, payment delays and increased vulnerability to fraud. Quadient’s Finance Automation cloud platform, including Quadient AR and Quadient AP, addresses these challenges, using advanced AI and machine learning to predict cash flow with high accuracy, analyze payor behavior, and automate cash applications, even when remittance data is missing. The platform also centralizes invoices and streamlines multi-channel distribution, ensuring full compliance with regulations such as e-invoicing.

    “AI is transforming accounts receivable, and we believe Quadient’s inclusion in Forrester’s report attests to how advanced solutions such as Quadient AR are changing the way financial professionals work through intelligent automation,” said Chris Hartigan, Chief Solution Officer, Digital Automation at Quadient. “AI and machine learning are forever changing the way AR and AP are managed and increasing the value these functions bring to organizations. Quadient is helping to advance AI usage by finance teams in responsible and meaningful ways to streamline workflows, deliver actionable insights, enhance efficiency and increase focus on strategic financial planning.”

    Real-time data is provided through customizable dashboards, enhancing efficiency and decision-making capabilities. In addition to mentioning Quadient in several use cases for AR, Forrester interviewed Quadient for insights for its companion report, “Top AI Use Cases for Accounts Payable Automation in 2025.”

    Quadient’s leading cloud-based financial automation cloud platform, including AR, AP, e-invoicing and customer communications, helps businesses reduce manual work, improve cash flow and make more informed financial decisions.

    About Quadient®
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit http://www.quadient.com/en/.

    Contacts

    Sandy Armstrong, Sterling Kilgore   Joe Scolaro, Quadient         
    VP of Media & Communications   Global Press Relations Manager
    +1-630-699-8979   +1 203-301-3673
    sarmstrong@sterlingkilgore.com   j.scolaro@quadient.com

    Attachment

    The MIL Network –

  • MIL-OSI: RTI to Exhibit and Speak at DeviceTalks Boston 2025

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., April 16, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the infrastructure software company for smart-world systems, will exhibit at DeviceTalks Boston 2025, taking place April 30–May 1 at the Boston Convention Center. At booth #700, RTI will demonstrate how its Connext® software enables intelligent connectivity across complex, distributed medical systems—from remote robotic surgery to next-generation monitoring, imaging, and beyond.

    On day one of the event, RTI CEO Stan Schneider will join NVIDIA’s Senior Director of Business Development for Healthcare, David Niewolny, for a discussion on how next-generation, edge-AI systems operate. NVIDIA provides the AI brain, while RTI delivers the connectivity nervous system for intelligent physical systems. Attendees will learn how AI is being integrated into today’s most advanced systems and what it takes to make them work in real time.

    RTI will also co-present with MedAcuity at the co-located Robotics Summit on “Advancing Remote Surgery: Tackling Latency, Precision, and Security Issues.”

    At booth #700, RTI will demonstrate remote teleoperation technology in collaboration with MedAcuity. The demo will highlight how Connext® software enables real-time control of an off-site robotic arm, showcasing the potential of low-latency connectivity in remote surgery applications.

    With its proven track record among leading healthcare innovators, Connext provides the data backbone that accelerates development and unlocks the potential of intelligent, distributed systems.

    Event Details

    What: RTI at DeviceTalks 2025, Booth #700
    When: April 30 – May 1, 2025
    Where: Boston Convention Center, 415 Summer St, Boston, MA 02210

    Speaking Session Details
    What: Advancing Remote Surgery: Tackling Latency, Precision, and Security Issues
    When: April 30, 2025, from 1:45 PM – 2:30 PM (EDT)
    Where: Room 260, Robotics Summit (co-located with DeviceTalks Boston)
    Who: Darren Porras, Market Development Manager at RTI, and Tom Amlicke, Technical Director, Robotics at MedAcuity

    What: Inside the Machine: How AI Operates in MedTech
    When: April 30, 2025, from 2:30 PM – 3:15 PM (EDT)
    Where: Room 162A, DeviceTalks Boston
    Who: Stan Schneider, CEO at RTI, and David Niewolny, Senior Director of Business Development for Healthcare at NVIDIA

    For more information about RTI at DeviceTalks or to meet with one of our experts, please visit this link.

    About RTI

    Real-Time Innovations (RTI) is the infrastructure software company for smart-world systems. RTI Connext® is the world’s leading software framework for intelligent distributed systems. Uniquely, Connext users can build systems that combine advanced sensing, fast control, and AI algorithms.

    With 2,000 customer designs, RTI excels at getting customers to production. RTI software runs over 300 autonomous vehicle programs, supports dozens of automotive ADAS and software-defined architectures, controls the largest power plants in North America, integrates over 500 major defense programs, drives a new generation of MedTech systems and robotics, and underlies Canada’s air traffic control and NASA’s launch control systems.

    RTI runs a smarter world.

    RTI is the market leader in products compliant with the Data Distribution Service (DDS™) standard. RTI is privately held and headquartered in Silicon Valley with regional offices in Colorado, Spain, and Singapore.

    Download a free trial of the latest, fully-functional Connext software today: www.rti.com/downloads

    The MIL Network –

  • MIL-OSI: The Board of Directors has resolved to carry out directed issues of units totaling approximately SEK 25 million and a fully underwritten rights issue of units of approximately SEK 15 million

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

    The Board of Directors of Terranet AB (”Terranet” or the ”Company”) has today, April 16 2025, with authorization from the annual general meeting on May 21, 2024, decided to carry out a directed issue of 2,956,297 units consisting of B-shares and warrants of series TO9 B to a number of qualified investors of approximately SEK 8.8 million (the “First Directed Issue”). The Board of Directors of the Company has further, subject to subsequent approval by the Annual General Meeting, resolved on a directed issue of 5,461,210 units consisting of B-shares and warrants of series TO9 B to members of the Company’s Board of Directors and management as well as external investors, of approximately SEK 16.2 million (the “Second Directed Issue” and together with the First Directed Issue, the “Directed Issues”). One unit in the Directed Issues consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. To compensate the shareholders who do not participate in the Directed Issues, the Board of Directors of Terranet, subject to subsequent approval by the Annual General Meeting, has resolved on a fully secured rights issue of a maximum of 13,880,714 units consisting of B-shares and warrants of series TO9 B, which, if fully subscribed, will provide the Company with approximately SEK 15 million before deduction of issue costs (the “Rights Issue”). One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The Directed Issues and the Rights Issue are carried out at the same subscription price, with the subscription price set at SEK 0.09 per B-share. Through the Directed Issues, Terranet will raise approximately SEK 25 million before deduction of issue costs, and upon full subscription of the Rights Issue, Terranet will raise approximately SEK 15 million before deduction of issue costs. The notice to the Annual General Meeting will be published through a separate press release.

    Comments from Management
    “We are at a very exciting stage as we intensify our commercialization journey with the goal of signing our first agreement to initiate commercialization during this year. In 2024, Terranet achieved success and delivered on previously set milestones with excellence, laying the foundation for the collaborations and ongoing dialogues with leading industrial players in the market. The capital raise enables us to take the next step from a development-stage company to a commercial enterprise, and I see this as an attractive opportunity to personally take part in this journey together with well-renowned investors who recognize the strong potential of Terranet’s technology”, says Lars Lindell, CEO of Terranet.

    Comments from the Board of Directors
    “We are grateful for the strong confidence shown by our shareholders. Their support has enabled a capital raise on favorable terms with committed and reputable investors, despite an eventful and volatile stock market. Given full subscription of the issued warrants, the capital raise secures our liquidity through the second quarter of 2026. This strengthens our negotiating position and provides a solid foundation for converting the potential and interest in our technology into real shareholder value”, says Torgny Hellström, Chairman of the Board of Directors of Terranet.

    Summary of the Directed Issues and the Rights Issue:

    • The First Directed Issue comprises a maximum of 2,956,297 units. Subscribers in the First Directed Issue include, among others, Hunter Capital AB (publ) (“Hunter”). One unit in the First Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The subscription price in the First Directed Issue is SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which represents a premium of approximately 4.0 percent compared to the volume-weighted average price of the Company’s B-share on Nasdaq First North Premier Growth Market between April 7, 2025, and April 11, 2025. The First Directed Issue will provide Terranet with approximately SEK 8.8 million before deduction of issue costs.
    • The Second Directed Issue comprises a maximum of 5,461,210 units and is directed to members of the Board of Directors, management, and external investors, including Johannes Schildt (one of the founders of Kry), White Eye AB, and Scan Invest Limited (“Scan”). One unit in the Second Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The subscription price in the Second Directed Issue is SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which is the same subscription price as in the First Directed Issue. The Second Directed Issue will provide Terranet with approximately SEK 16.2 million before deduction of issue costs.
    • The Board of Director’s resolution on the Second Directed Issue is conditional upon approval by the Annual General Meeting, scheduled for May 23, 2025. Notice of the Annual General Meeting will be published through a separate press release.
    • The Rights Issue comprises a maximum of 13,880,714 units. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.
    • The subscription price per unit in the Rights Issue is SEK 1.08 per unit, corresponding to SEK 0.09 per B-share. The subscription price per B-share is the same as in the Directed Issues. Upon full subscription, the Rights Issue will provide Terranet with approximately SEK 15 million before deduction of issue costs.
    • The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to shareholders in proportion to the number of B-shares they already own, where one (1) existing B-share entitles the holder to one (1) unit right, and eighty-six (86) unit rights entitle the holder to subscribe for one (1) unit.
    • The last day of trading in Terranet’s B-shares including the right to receive unit rights in the Rights Issue is April 25, 2025. The B-shares will be traded excluding the right to receive unit rights from April 28, 2025.
    • The subscription period for the Rights Issue runs from May 27, 2025, up to and including June 11, 2025.
    • The Rights Issue is covered by subscription commitments of approximately SEK 35.2 thousand, corresponding to 0.2 percent of the Rights Issue, and underwriting commitments of approximately SEK 15 million, corresponding to approximately 99.8 percent of the Rights Issue. Thus, the Rights Issue is covered to 100 percent by subscription commitments and underwriting commitments. Hunter has entered into a underwriting commitment amounting to approximately SEK 7.5 million. Furthermore, Scan has also entered into a underwriting commitment amounting to approximately SEK 7.5 million.
    • The full terms and conditions of the Rights Issue, including additional information about the Company, will be available in an information memorandum expected to be published around May 26, 2025 (the “Memorandum”).
    • The purpose of the Rights Issue is to finance the continued development of the BlincVision product, prepare for future commercialization, and repay an existing interest-bearing debt of approximately SEK 8 million.

    Background and rationale in summary
    Terranet is in an expansion phase with the development of BlincVision and has achieved several important milestones in 2024, including successful tests and partnerships with leading players in the automotive industry. To take the next step, financing is required to complete the development of a Minimum Viable Product (MVP) and continue the development towards volume production in collaboration with potential future partners.

    In order to carry out the necessary development work required to commercialize BlincVision and repay the Company’s outstanding interest-bearing debt of approximately SEK 8 million, the Board of Directors of Terranet has identified a need for additional capital. Therefore, the Directed Issues and the Rights Issue are being carried out. The proceeds from the Directed Issues and the Rights Issue will primarily be used for:

    •        Repayment of outstanding loans, approximately 20 percent.
    •        External development costs for components for BlincVision, approximately 25 percent.
    •     In-house development work as well as market and sales activities for BlincVision, approximately 25 percent.
    •        Investments in tangible fixed assets, approximately 10 percent.
    •        Working capital, approximately 20 percent.

    The First Directed Issue
    The Board of Directors of Terranet has today, with the support of the authorization from the Annual General Meeting on May 21, 2024, resolved to carry out the First Directed Issue, which comprises a maximum of 2,956,297 units at a subscription price of SEK 2.97 per unit, corresponding to SEK 0.09 per B-share. Each unit in the First Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The warrants are issued free of charge. Through the First Directed Issue, the Company will raise approximately SEK 8.8 million before issue costs. The right to subscribe for units will be granted exclusively, deviating from shareholders’ preferential rights, to Hunter and Milad Pournouri.

    The Board of Directors has placed great emphasis on ensuring that the subscription price for the First Directed Issue is market-based in relation to the current share price. After negotiations at arm’s length between the Company and the intended investors, the subscription price has been set at SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which represents a premium of approximately 4.0 percent compared to the volume-weighted average price of the Company’s B-share on Nasdaq First North Premier Growth Market between April 7, 2025, and April 11, 2025. Considering this, the Board of Directors concludes that the subscription price is market-based and reflects the demand for the Company’s B-shares.

    The Second Directed Issue
    Further, the Board of Terranet has today, subject to approval by the Annual General Meeting scheduled for May 23, 2025, resolved to carry out the Second Directed Issue. The Second Directed Issue comprises a total of 5,461,210 units and is being implemented, among other things, to enable subscriptions by members of the Company’s Board of Directors and management. Since members of the Company’s board of directors and management are subject to Chapter 16 of the Swedish Companies Act (2005:551) (the so-called Leo Act), the Second Directed Issue requires approval from a shareholders’ meeting in the Company. For the decision of the shareholders’ meeting to be valid, at least nine-tenths of both the votes cast and the shares represented at the meeting must vote in favor of the decision. Following approval at the Annual General Meeting, the right to subscribe for units in the Second Directed Issue will be granted to CEO Lars Lindell, CFO Dan Wahrenberg, CCO Jonas Renander, CTO Pierre Ekwall, Chairman of the Board Torgny Hellström, and Board member Magnus Edman, as well as the current shareholder Oliver Aleksov and external investors Johannes Schildt, White Eye AB, Scan, Alex Ghafori, and Max Björs.

    The subscription price for the Second Directed Issue is SEK 2.97 per unit, corresponding to SEK 0.09 per share, which is the same subscription price as in the First Directed Issue. Through the Second Directed Issue, Terranet will raise approximately SEK 16.2 million before issue costs. Each unit in the Second Directed Issue consists of thirty-three (33) B-shares and five (5) warrants of series TO9 B. The warrants are issued free of charge.

    Deviation from shareholder’ preferential rights
    The reasons for the deviation from shareholders’ preferential rights and the targeting of the Directed Issues to the Board of Directors, management, existing shareholders, and qualified investors are as follows. Prior to the decision on the Directed Issues, the board carefully examined and considered alternative financing options, including raising capital solely through a rights issue. However, after a comprehensive assessment and considering that a directed issue allows the Company to receive capital sooner, the Board of Directors believes that new issues carried out with a deviation from shareholders’ preferential rights, combined with a rights issue, are a more favorable option for the Company and its shareholders than a rights issue alone. Therefore, the Board of Directors’ assessment is that it is in the best interests of both the Company and its shareholders to proceed with the Directed Issues.

    The reason the Directed Issues is aimed at selected institutional and private investors is that such an issue further diversifies and strengthens the Company’s shareholder base. The reason why one existing shareholder is given the opportunity to participate is that this investor has been a shareholder in the Company for a long period and continues to show great interest in the Company. All of the investors in the Directed Issues have expressed long-term interest and commitment to the Company, which the Board of Directors believes provides security and stability for both the Company and its shareholders. At the same time, other shareholders are given the opportunity to subscribe to units on the same terms through the Rights Issue.

    The Company is in an important phase and requires financing to ensure its long-term operations. According to the Board of Directors’ assessment, a more extensive and isolated rights issue would require significantly more time and resources to execute and would also entail a higher risk of a negative impact on the share price, particularly considering the current volatile and challenging market conditions. From a shareholder perspective, an isolated rights issue thus poses a risk of a negative effect on the share price compared to a directed issue combined with a rights issue. In view of the market volatility, the Board of Directors has assessed that a rights issue, without the Directed Issues, would need to be considerably larger and would therefore also require greater underwriting commitments from an underwriting consortium, which would result in additional costs and/or further dilution depending on the type of compensation for such underwriting.

    Considering the above, the Board of Directors’ collective assessment is that the reasons for carrying out the Directed Issues in combination with a compensation issue in the form of the Rights Issue outweigh the reasons for conducting a more extensive isolated rights issue.

    The Board of Directors has, in connection with the decisions on the Directed Issues, placed significant emphasis on ensuring that the subscription price is market-based in relation to the prevailing share price. After arm’s length negotiations between the company and the qualified investors, the subscription price has been set at SEK 2.97 per unit, corresponding to SEK 0.09 per B-share, which represents a premium of approximately 4.0 percent compared to the volume-weighted average price of the company’s B-share on Nasdaq First North Premier Growth Market between April 7, 2025, and April 11, 2025. Considering this, the board assesses that the subscription price is market-based and reflects the demand for the company’s B-shares.

    The Rights Issue
    To compensate shareholders who do not participate in the Directed Issues, the Board of Directors, subject to subsequent approval by the annual general meeting, has decided to carry out the Rights Issue of up to 13,880,714 units, which, if fully subscribed, could raise approximately SEK 15 million before deduction of issue costs. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.

    Those who are registered as shareholders in Terranet on the record date of April 29, 2025 will receive one (1) unit right for each (1) existing B-share, and eighty-six (86) unit rights will entitle the holder to subscribe for one (1) unit. The subscription price in the Rights Issue will be SEK 1.08 per unit, corresponding to SEK 0.09 per B-share, which is the same subscription price as in the Directed Issues. Participants in the Directed Issues will not receive any unit rights in the Rights Issue for the units subscribed through the Directed Issues.

    In the event that not all units are subscribed through the exercise of unit rights, the Board of Directors will decide on the allocation of units subscribed without the support of unit rights, within the framework of the maximum amount of the Rights Issue. The allocation will be made as follows:

    • First, allocation will be made to those who have subscribed for units using unit rights, regardless of whether the subscriber was a shareholder on the record date. In case of over-subscription relative to the number of unit rights each person used for subscription, allocation will be made based on the number of unit rights exercised, and if this cannot be done, by drawing lots.
    • Second, allocation will be made to others who have subscribed for units without the support of unit rights. If they cannot receive full allocation, it will be done based on the number of units they have subscribed for, and if this cannot be done, by drawing lots.
    • Lastly, any remaining units will be allocated to the underwriters who have entered into underwriting commitments in relation to the size of their respective underwriting commitments, and if this cannot be done, by drawing lots.

    The subscription period will run from May 27, 2025, up to and including June 11, 2025. Trading in unit rights will take place on the Nasdaq First North Premier Growth Market from May 27, 2025, up to and including June 5, 2025, and trading in BTU (paid subscribed units) will take place on the Nasdaq First North Premier Growth Market from May 27, 2025, up to and including June 30, 2025.

    The Company will prepare and publish the Memorandum in connection with the Rights Issue.

    Warrants of series TO9 B
    Each warrant of series TO9 B gives the right to subscribe for one (1) new B-share in the Company. One (1) warrant of series TO9 B entitles the holder to subscribe for one (1) B-share in the Company at a subscription price of SEK 0.18 (equivalent to 200% of the subscription price per B-share in the Directed Issues and the Rights Issue). The subscription for B-shares using the warrants of series TO9 B will take place during the period from December 1, 2025, up to and including December 15, 2025.

    If all warrants of series TO9 B are fully utilized within the framework of the units offered, the Company may receive an additional maximum of approximately SEK 15.1 million. The warrants are intended to be admitted to trading on Nasdaq First North Premier Growth Market.

    Subscription commitments and underwriting commitments
    The Rights Issue is covered by 0.2 percent of subscription commitments, corresponding to approximately SEK 35.2 thousand, and by approximately 99.8 percent of underwriting commitments, corresponding to approximately SEK 15 million. Hunter has entered into a underwriting commitment amounting to approximately SEK 7.5 million. Furthermore, Scan has also entered into a underwriting commitment amounting to approximately SEK 7.5 million.Thus, the Rights Issue is fully covered by subscription commitments and underwriting commitments. The entered subscription commitments and underwriting commitments are not secured by bank guarantees, pledges, or similar arrangements. Subscription commitments have been entered into by Chairman of the Board of Directors Torgny Hellström, CFO Dan Wahrenberg, and CTO Pierre Ekwall. For the underwriting commitments, a underwriting compensation of twelve (12) percent of the underwritten amount will be paid in the form of units. The subscription price for the underwriting compensation amounts to SEK 1.08 per unit, corresponding to SEK 0.09 per B-share, which is the same as the subscription price in the Rights Issue. No compensation is paid for the subscription commitments that have been entered into.

    The Board considers it favorable for the Company to offer compensation to the underwriters in the form of units instead of cash, as it positively impacts the Company’s liquidity. The subscription price in the directed issue to the underwriters was negotiated at arm’s length during the arrangement of the underwriting commitments, in consultation with the financial advisor and after an analysis of usual market factors.

    Shares, share capital and dilution
    Through the First Directed Issue, the number of B-shares in the Company will increase by 97,557,801 B-shares, from 1,193,741,451 B-shares to 1,291,299,252 B-shares. The Company’s share capital will thus increase by SEK 975,578.010, from SEK 11,937,414.510 to SEK 12,912,992.520. The newly issued shares in the First Directed Issue will result in a total dilution effect of approximately 7.6 percent of the number of B-shares and votes in the Company.

    Through the Second Directed Issue, the number of B-shares in the Company will increase by 180,219,930 B-shares, from 1,291,299,252 B-shares to 1,471,519,182 B-shares. The Company’s share capital will increase by SEK 1,802,199.300, from SEK 12,912,992.520 to SEK 14,715,191.820. The newly issued shares in the Second Directed Issue will result in a further dilution effect of approximately 12.2 percent of the number of B-shares and votes in the Company. The dilution effect, the specified number of B-shares and the share capital before and after the Second Directed Issue, consider the B-shares issued in the First Directed Issue.

    The Directed Issues will result in a total dilution effect of 18.9 percent of the number of B-shares and votes in the Company. Through the Directed Issues, the number of B-shares in the Company will increase by 277,777,731 B-shares, from 1,193,741,451 B-shares to 1,471,519,182 B-shares. The Company’s share capital will thus increase by SEK 2,777,777.310, from SEK 11,937,414.510 to SEK 14,715,191.820.

    Upon full subscription in the Rights Issue, the number of B-shares in Terranet will increase by up to an additional 166,568,568 B-shares, from 1,471,519,182 B-shares to 1,638,087,750 B-shares, and the share capital will increase by up to SEK 1,665,685.680, from SEK 14,715,191.820 to SEK 16,380,877.500. For existing shareholders who do not participate in the Rights Issue, this corresponds to an additional dilution effect of approximately 10.2 percent of the votes and share capital in the Company upon full subscription.

    The total dilution effect from full subscription in the Rights Issue, together with the Directed Issues, amounts to approximately 27.1 percent.

    Upon full exercise of all warrants of series TO9 B within the scope of the offered units, the number of B-shares in Terranet will increase by up to an additional maximum of 83,729,677 B-shares, from 1,638,087,750 B-shares to 1,721,817,427 B-shares, and the share capital will increase by up to SEK 837,296.770, from SEK 16,380,877.500 to SEK 17,218,174.270. Full exercise of all warrants of series TO9 B would result in an additional dilution effect of up to 4.9 percent.

    Preliminary timetable for the Rights Issue

    April 25, 2025 Last day of trading in B-shares including the right to receive unit rights
    April 28, 2025 First day of trading in B-shares excluding the right to receive unit rights
    April 29, 2025 Record date for the Rights Issue
    May 26, 2025 Disclosure of the Memorandum
    May 27, 2025 – June 5, 2025 Trading with unit rights
    May 27, 2025 – June 11, 2025 Subscripition period
    May 27, 2025 – June 30, 2025 Trading in paid subscribed units (BTU)
    June 13, 2025 Preliminary date for publication of the outcome in the Rights Issue

    Annual General Meeting
    The Board of Directors’ resolution regarding the Second Directed Issue and the Rights Issue is subject to approval by the Annual General Meeting, which will be held on May 23, 2025. A notice of the Annual General Meeting will be published in a separate press release.

    The Memorandum
    The complete terms and conditions of the Rights Issue, as well as other information about the Company, will be set out in the Memorandum, which will be published by the Company prior to the commencement of the subscription period. The Memorandum is expected to be published on the Company’s website, www.terranet.com, around May 26, 2025.

    Advisers
    Mangold Fondkommission AB is the financial advisor to Terranet in connection with the Directed Issues and the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Directed Issues and the Rights Issue.

    For more information, please contact:
    Dan Wahrenberg, CFO
    E-mail: dan.wahrenberg@terranet.se

    This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person above on April 16, 2025, at 18:00 CET.

    About Terranet AB (publ) 
    Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
    The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: www.terranet.se

    Certified Adviser to Terranet is Mangold Fondkommission AB.

    Important information
    The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Terranet in any jurisdiction, neither from Terranet nor anyone else.

    This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

    Attachment

    The MIL Network –

  • MIL-OSI: Publication of the 2024 Universal Registration Document

    Source: GlobeNewswire (MIL-OSI)

    Publication of the 2024 Universal Registration Document

    Amundi announces the filing of its 2024 Universal Registration Document, French version, to the French securities regulator, the Autorité des Marchés Financiers (AMF), on 16 April 2025, under the registration number D.25-0272.

    This 2024 Universal Registration Document and its free translation into English are available now on the websites of Amundi (http://about.amundi.com for the English version) and, in French only, of the AMF (www.amf-france.org). It is also available at Amundi Head office, 91-93, boulevard Pasteur, 75015 Paris.

    The following documents are included in the 2024 Universal Registration Document:

    • the 2024 annual financial report;
    • the integrated report;
    • the sustainability statement;
    • the report on corporate governance;
    • information relating to the fees of statutory auditors.

    About Amundi

    As Europe’s leading asset manager among the world’s top 10 players1, Amundi offers its 100m clients – individuals, institutions and corporates – a full range of savings and investment solutions in active and passive management, in traditional and real assets. This offer is enriched with services and technological tools that cover the entire savings value chain. A subsidiary of the Crédit Agricole group, Amundi is listed on the stock exchange and currently manages more than €2.2tn in assets under management2.

    Its six international management platforms3, its financial and extra-financial research capacity, as well as its long-standing commitment to responsible investment make it a leading player in the asset management landscape.

    Amundi’s clients benefit from the expertise and advice of 5,700 professionals in 35 countries.

    Amundi, a trusted partner that acts every day in the interest of its clients and society.

    www.amundi.com  

    Press contacts:        
    Natacha Andermahr 
    Tel. +33 1 76 37 86 05
    natacha.andermahr@amundi.com 

    Corentin Henry
    Tel. +33 1 76 36 26 96
    corentin.henry@amundi.com

    Investor contacts:
    Cyril Meilland, CFA
    Tel. +33 1 76 32 62 67
    cyril.meilland@amundi.com 

    Thomas Lapeyre
    Tel. +33 1 76 33 70 54
    thomas.lapeyre@amundi.com 

    Annabelle Wiriath

    Tel. + 33 1 76 32 43 92

    annabelle.wiriath@amundi.com

    1Source: IPE “Top 500 Asset Managers” published in June 2024 based on assets under management as of 31/12/2023
    2Amundi data as of 31/12/2024
    3Boston, Dublin, London, Milan, Paris and Tokyo

    Attachment

    The MIL Network –

  • MIL-OSI: Ascom Annual General Meeting approves all proposals of the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Ad hoc announcement pursuant to Art. 53 LR
    Baar, Switzerland, April 16, 2025

    At the Annual General Meeting held on April 16, 2025, in Zug, the shareholders of Ascom Holding AG approved by a large majority all proposals presented by the Board of Directors.

    54 shareholders attended the Annual General Meeting. In total, 20’238’079 registered shares with voting rights were represented, which corresponds to 56.22 % of the share capital. They approved all proposals of the Board of Directors including:

    • Approval of the financial statements and the consolidated financial statements for the fiscal year 2024. The shareholders decided to pay out a gross dividend of CHF 0.10 per share for the 2024 financial year.
    • Approval of the 2024 Remuneration Report and Sustainability Report.
    • All members of the Board of Directors and its Chairman Dr. Valentin Chapero Rueda were re-elected for another one-year term. Nicole Burth Tschudi, Laurent Dubois, and Dr. Monika Krüsi were also re-elected to the Compensation and Nomination Committee.
    • Approval of the future remuneration for the Board of Directors and the Group Executive Board.
    • Approval of an amendment to the Articles of Association stating that the company strives to create sustainable value. Furthermore, the shareholders decided to introduce a term limit of 12 years for members of the Board of Directors, while at the same time abolishing the age limit of 70 years.

    Attachment

    The MIL Network –

  • MIL-OSI: NextNav Announces Appointment of H. Wyman Howard and Lorin Selby to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., April 16, 2025 (GLOBE NEWSWIRE) — NextNav Inc. (NASDAQ: NN), a leader in next-generation position, navigation and timing (PNT) and 3D geolocation, today announced that its board of directors has elected Rear Admiral H. Wyman Howard and Rear Admiral Lorin Selby to serve as board members, effective May 1, 2025.

    “We are honored to welcome Rear Admiral Howard and Rear Admiral Selby to the NextNav Board of Directors,” said Mariam Sorond, NextNav’s Chief Executive Officer and Board Chair. “Their extensive military and national security leadership, experience in technology research and development, and management capabilities will be invaluable to NextNav as we execute on our strategic goals in providing a terrestrial backup and complement to GPS to address a major national security threat.”

    Rear Admiral Howard (Retired) served 32 years in the U.S. Navy, including serving most recently as Commander, Naval Special Warfare Command and previously as Commander, Special Operations Command Central, Assistant Commander, Joint Special Operational Command, and Director of Operations for the National Geospatial-Intelligence Agency. He has commanded at all levels of naval special operations, including as the commanding officer of the Naval Special Warfare Development Group from 2011-2013. Admiral Howard also serves on the board of Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER), an aerial firefighting and aerospace services company, and Invitation Homes Inc. (NYSE: INVH), a single-family home leasing and management company. Admiral Howard graduated from the United States Naval Academy and holds a Master of Business Administration from the TRIUM consortium of the London School of Economics, HEC Paris School of Management, and New York University’s Stern School of Business. Admiral Howard holds a Master of Science in National Security and Resource Strategy with a focus on commercial, civil, and military space sectors from the Eisenhower School and a Professional Certificate in Artificial Intelligence and Business Strategy from the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory.

    Rear Admiral Selby (Retired) served nearly 37 years in the U.S. Navy, including serving most recently as the Chief of Naval Research, leading the workforce at the Office of Naval Research and the Naval Research Laboratory where they develop leading-edge technologies for the Navy and Marine Corps. Prior assignments include serving as the Commander of the Naval Surface Warfare Centers and as the Chief Engineer of the United States Navy and Deputy Commander for Ship Design, Integration, and Naval Engineering at the Naval Sea Systems Command, where he drove innovation, optimized performance, and generated new ways of doing business. Admiral Selby also held highly visible roles like the Deputy Director of the Navy Office of Legislative Affairs to the U.S. House of Representatives and command of a fast-attack nuclear submarine. Following his retirement, he has taken on various consulting roles, advising small and mid-sized technology companies. He currently serves as President and CEO of Selby Partners Consulting LLC and is a founding partner in a maritime-focused growth equity fund, Mare Liberum Capital Partners. Admiral Selby holds a B.S. in Nuclear Engineering from the University of Virginia, an M.S. in Nuclear Engineering, and a Nuclear Engineer Degree from the Massachusetts Institute of Technology. He has also completed extensive executive business coursework, and his achievements have been recognized through numerous personal and unit awards.

    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

    Media Contact:
    NNmedia@nextnav.com

    The MIL Network –

  • MIL-OSI: Surgent Unveils New Lineup of Continuing Professional Education (CPE) Courses on CPA Day 2025

    Source: GlobeNewswire (MIL-OSI)

    RADNOR, Pa., April 16, 2025 (GLOBE NEWSWIRE) — Surgent CPE, a leader in continuing professional education for accounting and finance professionals, on April 16 — in celebration of CPA Day — announced the launch of nearly 50 new CPE courses as the 2025 post-busy season begins.

    These courses arrive just after the tax filing and year-end audit report deadlines — a critical time for CPAs to pivot their focus toward fulfilling their CPE credit requirements by the June 30 deadline and before summer breaks.

    “Understanding the pressing needs of our audience, Surgent is excited to offer a robust selection of timely and practical courses that empower accounting professionals to stay ahead in a dynamic industry,” said Elizabeth Kolar, executive vice president and managing director of Surgent. “Our new offerings include engaging webinars and on-demand options ensuring busy professionals can select learning paths that fit their schedules.”

    This new CPE lineup includes 30 live webinars starting April 22, along with 18 new on-demand Microsoft Excel and Power BI courses, which are available now for immediate access.

    Nick Spoltore, vice president of tax and advisory content at Surgent, emphasized the importance of staying informed post-tax season. “With new tax laws expected to emerge in 2025, our tax-focused courses provide essential tools for enhancing practitioner effectiveness and delivering value to clients,” said Spoltore.

    For professionals navigating the growing influence of technology in accounting, the addition of five specialized courses on artificial intelligence will enhance knowledge and skills in this critical area.

    Jack Castonguay, Surgent’s vice president of learning and development, highlighted the relevance of the AI-focused courses, “These courses are designed to help professionals harness the power of generative artificial intelligence and data analysis tools such as Excel and Power BI, thereby transforming how they analyze complex information.”

    The new CPE offerings cover a variety of fields of study, including courses on taxes (12), information technology (12), specialized knowledge (three), governmental auditing (two) and regulatory ethics (one).

    New Live Webinars:

    On-Demand Webcasts: The 18 new on-demand Microsoft Excel and Power BI courses can be accessed immediately via Surgent’s course catalog here.

    Surgent CPE remains committed to delivering flexible, relevant and premium CPE content tailored for busy professionals. With a goal to keep accounting and finance professionals at the forefront of industry changes, Surgent offers unmatched resources to foster ongoing career development.

    Professionals can now register for the nearly 50 new courses through the Surgent CPE website, providing the flexibility needed to earn CPE credits while balancing their busy schedules.

    For further details about the new course offerings, please visit SurgentCPE.com.

    About Surgent Accounting & Financial Education
    Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is a provider of the high-impact education experiences that accounting, tax and financial professionals need throughout their careers. For most of the company’s 40-year history, Surgent has been a trusted provider of continuing professional education (CPE), continuing education (CE) and skill-based training that professionals need to maintain their credentials and stay current on industry changes. More recently, Surgent became one of the fastest-growing certification exam review providers, offering adaptive learning-based courses that help learners pass accounting and finance credentialing exams faster. Learn more at Surgent.com.

    About KnowFully Learning Group
    The KnowFully Learning Group provides continuing professional education, exam preparation courses and education resources to the accounting, finance and healthcare sectors. KnowFully’s suite of learning solutions helps learners become credentialed, satisfy required credit hours to maintain credentials and stay informed on the latest trends and critical changes in their industries over the course of their careers. The company provides exam preparation and continuing education for accounting, finance and tax professionals headlined by the Surgent Accounting & Financial Education brand. KnowFully’s healthcare education brands include American Fitness Professionals & Associates, ChiroCredit, freeCE, Impact EMS Training, Online CE, PharmCon, Rx Consultant and Psychotherapy.net. For more information, please visit KnowFully.com.

    Contact:
    marketing@surgent.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/362cc968-4df5-431f-bb4a-d5b2c183deed

    The MIL Network –

  • MIL-OSI: 2025 Louisiana Energy Conference to Be Held in New Orleans May 27 – 29, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, April 16, 2025 (GLOBE NEWSWIRE) —  The 2025 Louisiana Energy Conference will be held in New Orleans Tuesday afternoon May 27 through Thursday, May 29, 2025, at the Four Seasons Hotel, New Orleans, located at 2 Canal Street, at the foot of Canal Street on the Mississippi River. Conference registration is now open and hotel reservations can be secured through the event’s web site, www.LouisianaEnergyConference.com.  

    The Conference, hosted by Al Petrie Advisors, has been expanded again this year and will now feature a series of 36 panels and presentations that will address key domestic and international industry developments and topics. In addition to our traditional domestic and international E&P and oil services panels and presentations, we are excited to add a number of new sessions this year that will discuss: 1) the latest drilling technology; 2) how artificial intelligence is being integrated into all aspects of the energy industry; 3) how demand for power and the necessary infrastructure has increased dramatically; and 4) the impact of the new administration on energy policy and tariffs.

    Executives from over 80 leading public and private exploration and production and oil field services and transition energy companies, as well as representatives from energy-related private equity firms, industry trade groups, regulatory agencies, investment banks, institutional research groups, and industry advisory and law firms will participate in the discussions.  

    A detailed agenda with all panels and presentations along with the individual panelists and presenters is now available on the event web site www.LouisianaEnergyConference.com and with this link: 2025 Agenda. The online agenda will be continually updated as additional participants are confirmed.

    Attendance at all special events during the Conference may be limited so please register and complete your personal agenda as soon as possible.  The Conference includes three networking receptions each evening May 27-29 to provide attendees maximum networking opportunities.

    Confirmed investment professional attendees will be offered the opportunity to register for one-on-one meetings with companies participating on the panels.

    Attendance at the Conference is directed to investment professionals including buy side and sell side analysts and portfolio managers, as well as private equity and wealth management executives, and trust officers. We also welcome energy industry management and advisors to the industry. There is no cost for investment professionals attending the Conference. The cost for all other attendees is $395 for the three-day event.

    Attendees are advised to register to attend the conference and book their hotel rooms soon. While the hotel rate of $285 is guaranteed through May 9, 2025, rooms may not be available based on the current rate of guests reserving rooms.

    The Conference web site www.LouisianaEnergyConference.com provides online registration, the ability to reserve hotel rooms, and full details on the event which is being hosted by Al Petrie Advisors. For additional information including sponsorship opportunities, please call (504) 799-1953 or email info@LouisianaEnergyConference.com.

            201 Saint Charles Avenue Suite 2413 New Orleans, Louisiana 70170

    Contact: Al Petrie (504) 799-1953

     

    The MIL Network –

  • MIL-OSI: Multibeam Grows International Presence

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif. and YOKOHAMA, Japan, April 16, 2025 (GLOBE NEWSWIRE) — To address rising global demand for its E-Beam Lithography (EBL) production systems, Multibeam has established a new sales presence in Japan. President Ken MacWilliams announced the move in Yokohama today during his keynote address at Photomask Japan, the leading symposium on photomask and next-generation lithography mask technology.

    The development marks a new phase in Multibeam’s growth strategy. It follows the launch of the company’s multicolumn EBL production system and inaugural shipment to foundry leader, SkyWater Technology.

    The move aligns with the urgent imperative for faster chip design and manufacturing cycles. The trend is driving interest in Multibeam’s direct-write EBL technology for its proven ability to speed time to production and radically cut operational costs. Demand is especially evident in the advanced packaging arena where the system can be used to enable a scalable path beyond Moore’s Law, transcend conventional mask reticle limits, and drive much higher chip-to-chip performance levels than previously achievable. In addition, there is growing interest from the power, photonics and MEMs sectors for the system’s significant depth of focus capability which allows for faster, seamless patterning over warped wafers and high-topography surfaces.

    “A dedicated sales presence in Japan will help us better serve our local customers while giving us a strong position in this thriving IC innovation ecosystem,” said Dr. David K. Lam, Multibeam CEO. “It’s an essential part of our strategy to harness the surging interest in our technology’s unique enabling capabilities from semiconductor companies in the US and international markets. We’re excited to take this significant step.”

    Multibeam’s platform revolutionizes EBL with new productivity advantages, while enabling high resolution, fine features, wide field of view, and large depth of focus. The chief productivity driver is the novel architecture which employs multiple miniature columns that operate individually and in parallel, with an advanced control system directing the beams to achieve maximum accuracy, quality, and speed. Throughput is more than 100 times greater than conventional EBL systems, making the MB platform the highest productivity high-resolution maskless lithography system on the market. With Synopsys EDA embedded into the systems, a mix and match dynamic can also be employed, where a portion of layers are printed with masks and others are patterned with Multibeam. It gives manufacturing leaders a breakthrough solution to enable rapid development of new IC designs, rapid time to market, and accelerated IC innovation.

    About Multibeam

    Multibeam helps semiconductor leaders accelerate chip innovation with the industry’s first Multicolumn E-Beam Lithography (MEBL) system built for volume production. The technology enables applications like rapid prototyping, next-generation advanced packaging and heterogeneous integration, chip ID and traceability, high-mix quick-turn manufacturing, high-performance compound semiconductors, high-efficiency silicon photonics, 3D MEMS structures, and more. Led by Dr. David Lam and headquartered in Silicon Valley, the company is privately held and led by a team of semiconductor equipment and patterning technology experts. For more information, visit www.multibeamcorp.com.

    Japan Sales Contact: Nobutada Miura; Email: nmiura@multibeamcorp.com

    U.S. Sales Contact: Roger Van Art; Email: rvanart@multibeamcorp.com

    Media/Analyst Contact (U.S.): Shani Williams; Email: swilliams@multibeamcorp.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/511f7ddc-9749-41ab-a039-87e532a69008

    The MIL Network –

  • MIL-OSI: Lotlinx Q1 Quarterly Vincensus Report Reveals Market Volatility Amid Economic Uncertainty and Inventory Shifts

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, April 16, 2025 (GLOBE NEWSWIRE) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q1 2025 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry. The report offers accurate, unparalleled insights into the current state of the automotive retail market for both new and used vehicles, inventory risk, vehicle sales, consumer preferences, and markdown/pricing strategies. Click here to access the full Q1 Quarterly Vincensus Report.

    Market Outlook:

    The automotive industry entered 2025 with mixed signals and mounting consumer concerns. While new vehicle sales declined slightly at the start of the quarter, March rebounded with a 19% sales surge, largely attributed to consumers accelerating purchases amidst the new tariffs. Used vehicle sales rose steadily throughout the quarter, increasing 10% quarter-over-quarter (QoQ) as demand remained resilient.

    However, both new and used inventories experienced growth in carryover units, and aged inventory continues to challenge profitability. With shifting price trends and slower EV adoption, dealers must adopt precise inventory and pricing strategies to remain competitive.

    Key Findings

    Inventory and Pricing Trends

    • New vehicle day supply dropped by 3 days QoQ to 77 days but rose 19 days year-over-year (YoY).
    • Used vehicle day supply declined by 3 days QoQ to 42 days.
    • New vehicle carryover inventory increased by 8%, while used carryover rose by 5%.
    • Average list prices for used vehicles declined 3% QoQ and 4% YoY.

    EV, Hybrid, and ICE Performance

    • EV sales declined 3x more than ICE and hybrid vehicles.
    • EV day supply dropped by 7 days YoY, indicating improved turnover.
    • EV prices decreased 6% YoY; hybrid prices dropped 4%, while ICE vehicle prices rose 2%.

    Brand-Specific Insights

    • BMW saw EV momentum from the i4, while ICE vehicles dropped below 20% of its sales mix.
    • Cadillac’s EV growth came from Escalade IQ and Optiq, but LYRIQ sales dropped 41% QoQ.
    • Chevrolet’s Equinox sales rose 17% QoQ; Traverse redesign led to a 67% YoY decrease in aged inventory.
    • Ford’s Expedition Max had 91% of sold units marked down, leading all models in markdown activity.

    Lotlinx Customer Performance

    Despite market pressures, Lotlinx customers continued to outperform industry averages. On average, Lotlinx dealers carried 5% less aged inventory for new vehicles and 7% less for used vehicles compared to non-Lotlinx dealers. Additionally, 74% of new vehicle brands and 93% of used vehicle brands outperformed the market with Lotlinx-powered strategies.

    “As dealers navigate economic headwinds and evolving buyer behaviors, data precision has never been more important,” said Len Short, Executive Chairman of Lotlinx. “The Q1 Vincensus Report shows that Lotlinx dealers—empowered by AI and VIN-specific insights—are achieving faster turn, more strategic pricing, and stronger gross profit potential.”

    Click here to download the Q1 Quarterly Vincensus Report.

    About Lotlinx

    Founded in 2012 and based out in Peterborough, New Hampshire, Lotlinx is the automotive industry leader in VIN-specific data solutions for inventory risk management. The Lotlinx platform provides automobile dealers and manufacturers with enhanced operational control over their retail business. Leveraging state-of-the-art real-time data and machine learning technology, Lotlinx provides a precision retailing solution that enables dealers to automatically adapt to market dynamics, mitigating inventory risk through VIN-specific strategies. To learn more about Lotlinx, please visit www.lotlinx.com. 

    The MIL Network –

  • MIL-OSI: Digital Wealth Partners Announces New Partnership Models for RIAs to Access Digital Asset Expertise

    Source: GlobeNewswire (MIL-OSI)

    Dallas, Texas, April 16, 2025 (GLOBE NEWSWIRE) — Digital Wealth Partners (DWP), a provider of digital asset investment solutions, announces the launch of partnership models designed for Registered Investment Advisors (RIAs). Responding to increasing client interest in digital assets, DWP has developed collaboration options that align with the goals, capabilities, and regulatory considerations of advisory firms.

    Partnership Models for RIAs

    DWP offers three primary collaboration approaches for RIAs:

    • Sub-Advisory Relationship: DWP manages a digital asset sleeve or portfolio on a sub-advisory basis. The partnered RIA maintains the client relationship, while DWP provides investment management and strategy execution. This model allows RIAs to incorporate digital asset exposure without internalizing digital asset management.
    • Referral Relationship with AUM Fee Sharing: RIAs may refer clients to DWP and may be eligible for a revenue-sharing arrangement based on a tiered Assets Under Management (AUM) fee structure, subject to applicable regulations. DWP manages client onboarding, custody, and portfolio management.
    • Limited Partner (LP) Access to Funds: Clients of outside RIAs may be eligible to allocate to DWP-managed digital asset fund strategies, such as income, growth, or venture funds as limited partners. Referring RIAs retain visibility into their clients’ allocations and can leverage DWP’s infrastructure and reporting resources.

    Secure Custody Solutions

    Digital Wealth Partners works with partner organizations to provide custody solutions for digital assets including Bitcoin, ETH, XRP, XLM, AVAX, and others. Clients are able to receive digital asset insurance coverage and institutional-grade security protocols, supporting a compliant custody framework for digital assets.

    Benefits for RIAs and Their Clients

    These partnership models allow RIAs to integrate digital asset solutions into their existing practices in a way that supports regulatory alignment. By partnering with DWP, RIAs can respond to evolving client demand for digital assets while potentially enhancing their service offerings and revenue opportunities.

    “At Digital Wealth Partners, we aim to support RIAs entering the digital asset space with solutions that align with their specific needs,” said Matthew Snider, CIO at DWP. “Through our partnership options and secure custody infrastructure, we provide the expertise that enables RIAs to remain focused on their clients while we handle the complexities of digital asset investing.”

    Market Response

    As investor interest in digital assets continues to grow, RIAs are increasingly seeking trusted partners to navigate this evolving landscape. Digital Wealth Partners’ approach is designed to help RIAs meet growing client demand for digital asset solutions by providing tools, education, and infrastructure.

    Disclaimer
    This release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Investments in digital assets are subject to risk, including the potential loss of principal. Eligibility for certain services and investment strategies may be subject to regulatory requirements and approval. Digital Wealth Partners is an SEC-registered investment advisor. Registration does not imply any specific level of skill or training. The funds described herein are offered under Regulation D Rule 506(c) and are available only to verified accredited investors.

    Matthew Snider – Chief Investment Officer – Digital Wealth Partners

    About Digital Wealth Partners

    Digital Wealth Partners is a Registered Investment Advisory (RIA) that specializes in digital assets (crypto/blockchain)

    Press inquiries

    Digital Wealth Partners
    https://www.digitalwealthpartners.net
    Max Avery
    max.avery@digitalwealthpartners.net
    307-396-0295

    The MIL Network –

  • MIL-OSI: Coop Pank AS will hold an investor webinar to introduce the results for the Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    Coop Pank invites shareholders, investors, analysts and other stakeholders to join its investor webinar, scheduled on 23 April 2025 at 9 am (EET). The webinar will be held in Estonian.

    The webinar will be hosted by the Chairman of the Board Margus Rink and the Chief Financial Officer Paavo Truu, who present the unaudited financial results of the First Quarter of 2025.

    During the webinar all attendees can ask questions. All questions will be answered after the presentation.

    To join the webinar, you need to register in advance via following link: https://bit.ly/CP-veebiseminar-osalemine-23042025  

    Registrants will be sent a link to the webinar and a reminder email one hour before the start of the webinar. The webinar will be recorded and published on the company’s website www.cooppank.ee and on our YouTube account.

    Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking has reached 211,000. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s homes. The strategic shareholder of the bank is the domestic retail chain Coop Eesti comprising 320 stores.

    Additional information:
    Katre Tatrik
    Communication Manager
    Tel: +372 5151 859
    E-mail: katre.tatrik@cooppank.ee

    The MIL Network –

  • MIL-OSI: Freename Launches the First Universal Web3 and DNS Domain Marketplace

    Source: GlobeNewswire (MIL-OSI)

    Zurich, Switzerland, April 16, 2025 (GLOBE NEWSWIRE) — Freename is all set to revolutionize the domain industry by introducing the first universal marketplace dealing with decentralized and traditional domain names, all in one place. Launched on April 7, 2025, the domain marketplace serves as the first-of-a-kind universal platform, combining DNS and blockchain domain ecosystems. Termed as ‘Freename Aftermarket’, the unified platform provides users with seamless trading opportunities. Initially, users are invited to join with zero percent fees for a limited time, and there are exclusive rewards as well. 

    One-Stop Solution for Brands and Domain Investors

    With the launch of this all-in-one domain marketplace, Freename is setting a new standard in domain trading. Users now have the ability to list and purchase Web3 and DNS domains within a single, user-friendly platform. 

    The secondary-domain marketplace offers ICANN-registered domains for sale, along with Web3 domains launched by Freename, Unstoppable Domains (UD), Ethereum Name Service (ENS), and Base Name Service (BNS). So, it’s a relatively bigger pool for brands and domain traders alike.

    This platform will likely gain traction because it doesn’t charge commission on domain trading. For starters, Freename Aftermarket offers domain trading at 0% commission.          

    Furthermore, to incentivize early adoption, the first-ever ICANN-accredited and Web3 domain registrar will offer exclusive rewards, including a special Discord badge, Freename credits and free Web3 domain drops for early listers.

    With this unique and innovative business venture, the Freename team looks confident that it can revolutionize the domain aftermarket industry. “This marks a historic moment in the domain industry,” said Davide Vicini, CEO and Co-Founder at Freename. 

    This marketplace focuses on creating a more dynamic environment for domain investors. Not only does it offer domains for sale, but it also provides support to new buyers and sellers via domain appraisal sessions.

    With Web3 domains gaining mainstream adoption, Freename’s multi-chain approach ensures interoperability across leading blockchain networks. By bridging DNS and Web3 domains, the platform empowers users with a secure, scalable, and decentralized marketplace.

    About Freename

    Freename is the leading multi-chain Web3 namespace platform, enabling users to mint, manage, and trade domains across major blockchain networks. As a bridge between Web2 and Web3, Freename offers innovative tools for domain security, brand protection, and decentralized ownership.

    The MIL Network –

  • MIL-OSI: NOTICE OF 2025 ANNUAL GENERAL MEETING

    Source: GlobeNewswire (MIL-OSI)

    NOTICE OF 2025 ANNUAL GENERAL MEETING

    • Shell plc’s 2025 Annual General Meeting (“AGM”) scheduled to be a hybrid meeting, facilitating both physical and virtual attendance
    • Shareholders encouraged to vote in advance of the AGM, but voting enabled during the meeting for those formally in attendance

    Today, Shell plc (the “Company”) posted its Notice of 2025 Annual General Meeting (the “Notice”), which can be viewed and downloaded from shell.com/agm. The AGM is scheduled to be held at the Sofitel London Heathrow Hotel – Terminal 5, London Heathrow Airport, London TW6 2GD at 10:00 (UK time) on Tuesday May 20, 2025. Further details on how to join or watch the AGM can be found within the Notice.

    National Storage Mechanism
    In accordance with the UK Listing Rules, a copy of each of the documents below is being submitted to the National Storage Mechanism (“NSM”) and will be available for inspection at data.fca.org.uk/#/nsm/nationalstoragemechanism:

    • Notice of the 2025 AGM;
    • Notice of Availability of Shareholder Documents; and
    • Proxy Form relating to the 2025 AGM.        

    Printed copies of the Notice and associated documents are being despatched to those shareholders who have elected to receive paper communications.

    Shareholders are encouraged to register for email alerts at shell.com/news-and-insights/newsroom/email-alerts to receive the latest AGM news.

    Sean Ashley
    Company Secretary

    ENQUIRIES

    Shell Media Relations
    International: +44 20 7934 5550

    LEI number of Shell plc: 21380068P1DRHMJ8KU70
    Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom.

    The MIL Network –

  • MIL-OSI: Veeco Announces Date for First Quarter Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    PLAINVIEW, N.Y., April 16, 2025 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) plans to release its first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. The company will host a conference call to review these results starting at 5:00 PM ET that day.

    To join the call, dial 1-877-407-8029 (toll free) or 1-201-689-8029. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco’s website at ir.veeco.com. A replay of the webcast will be made available on the Veeco website beginning at 8:00 PM ET that same evening.

    About Veeco
    Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, metal organic chemical vapor deposition (MOCVD), and chemical vapor deposition (CVD) technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco’s systems and service offerings, visit www.veeco.com.

    To the extent that this news release discusses expectations or otherwise makes statements about the future, such statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include the risks discussed in the Business Description and Management’s Discussion and Analysis sections of Veeco’s Annual Report on Form 10-K for the year ended December 31, 2024 and in our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and press releases. Veeco does not undertake any obligation to update any forward-looking statements to reflect future events or circumstances after the date of such statements.

    Veeco Contacts:                                
    Investors: Anthony Pappone | (516) 500-8798 | apappone@veeco.com
    Media: Brenden Wright | (516) 714-1202 | bwright@veeco.com

            

    The MIL Network –

  • MIL-OSI: SUNation Energy Announces Reverse Stock Split

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., April 16, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE) (“SUNation” or “the Company”), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that its Board of Directors approved a 200 – for 1 reverse stock split of the Company’s outstanding common stock effective 12:01 a.m. Eastern Time on April 21, 2025.

    The Company’s common stock will continue to trade under the symbol “SUNE” and it is expected to open for trading on Nasdaq on April 21, 2025 on a post-split basis. The new CUSIP number for the common stock following the reverse stock split will be 72303P503.

    The ratio of the reverse stock split is within the range approved by shareholders at a Special Meeting of Shareholders held on April 3, 2025. The reverse stock split is primarily intended to increase the market price per share of the Company’s common stock to regain compliance with the minimum bid price required for continued listing on The Nasdaq Capital Market.

    Upon the effectiveness of the reverse stock split, every 200 shares of issued and outstanding Company common stock at the close of business on April 17, 2025 will be automatically combined into one issued and outstanding share of common stock, with no change in par value per share. The total shares outstanding stands at 672,799,910 as of April 11, 2025. The split, once effective, will result in there being approximately 3,364,000 shares outstanding immediately thereafter.

    The reverse stock split does not reduce the number of shares of the Company’s authorized common stock. No fractional shares will be issued as a result of the reverse stock split and all such fractional interests will be rounded up to the nearest whole number of shares of common stock. The reverse stock split will affect all common shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s common stock, except to the extent that the reverse stock split results in some shareholders experiencing an adjustment of a fractional share as described above.

    Shareholders holding their shares electronically in book-entry form are not required to take any action to receive the post-split shares. Shareholders holding physical share certificates will receive information from EQ Shareowner Services, the Company’s transfer agent, regarding the process for exchanging their shares of common stock. Shareholders with questions may contact the Company’s transfer agent by calling 800-401-1957.

    Additional information about the reverse stock split can be found in the Company’s definitive proxy statement (the “Proxy Statement”) filed with the Securities and Exchange Commission (the “SEC”) on March 10, 2025, which is available at the SEC’s website, www.sec.gov.

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements 

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    The MIL Network –

  • MIL-OSI: Pillar Security Raises $9M to Help Enterprises Build and Run Secure AI Software

    Source: GlobeNewswire (MIL-OSI)

    TEL AVIV, Israel, April 16, 2025 (GLOBE NEWSWIRE) — Today, Pillar Security, a pioneering AI security startup that helps enterprises build and run secure AI software, announced it has raised $9 million in Seed funding. The round was led by Shield Capital, joined by Golden Ventures, Ground Up Ventures and other strategic angel investors. Funds will support expanding Pillar’s R&D and go-to-market efforts.

    As organizations rapidly build and deploy AI-driven software systems, traditional cybersecurity tools and processes are struggling to keep pace, creating critical protection gaps. A recent Deloitte survey of 1,200 cybersecurity leaders identified major AI-specific risk areas – including evasion attacks, data poisoning, data privacy, and intellectual property leakage, with 77% of respondents expressing significant concern about these threats. Moreover, two in five organizations have already experienced an AI-related security or privacy incident, one in four of which were malicious. The need for a purpose-built AI security solution has never been more urgent. Pillar Security addresses this need head-on, providing an end-to-end security platform specifically designed for AI-integrated software systems.

    “AI is fundamentally changing the way we build software — it doesn’t just add another step to traditional processes; it introduces an entirely new lifecycle,” said Dor Sarig, CEO & Co-Founder at Pillar Security. “We are entering the intelligence age, where software has gained agency and data itself has become executable. Pillar’s technology, backed by real-world AI threat intelligence, is built with this understanding, delivering a new class of protection designed explicitly for AI-related security risks. We are redefining application security to match the agentic and autonomous software of the Intelligence Age. This funding accelerates our mission to set new AI security benchmarks, empowering organizations to innovate securely and confidently, while uniting AI teams and security teams around a common language and toolset.”

    Pillar’s end-to-end platform addresses the complete AI lifecycle and its evolving threat landscape. Pillar seamlessly integrates with existing code repositories, data infrastructures, and AI/ML platforms that teams already rely on, delivering immediate value without disrupting established workflows. It automatically maps all AI-related assets across the organization — from models and datasets to prompts, notebooks, and frameworks. Pillar rigorously tests AI models and their underlying infrastructure, applications, and agentic layers on which they’re built upon. This comprehensive approach enables Pillar to deploy customized and adaptive guardrails aligned with each AI application’s unique risk profile and specific business objectives, proactively preventing failures that directly impact operational continuity.

    Shield Capital’s lead investor, Elias Manousos, former CVP at Microsoft responsible for AI Copilot for Security and Threat Intelligence, and former CEO of RiskIQ, commented, “As agentic AI systems are increasingly being deployed within businesses, hand in hand with an equally burgeoning threat surface, Pillar uniquely understands that securing software in the AI era requires more than incremental improvements. Their visionary approach sets a new standard for how organizations secure and manage intelligent systems. Pillar’s team expertise, together with their holistic security vision, is precisely why we led this investment round.”

    “Enterprise AI adoption can only scale with security and compliance evolving in tandem,” added Nick Chen, Partner at Golden Ventures. “Pillar is a pioneer in defining and provisioning “trust infrastructure” that streamlines and secures AI procurement, development and deployment across the enterprise. Its platform is critical to enable leaders in any industry to drive AI transformation quickly, responsibly and securely.”

    “What impressed us most about Pillar was their holistic approach to AI security. With dozens of AI initiatives in development, we needed a security partner that not only pinpoints vulnerabilities but also helps remediate them automatically. Pillar’s tailored red teaming provides critical insights that continuously enrich their adaptive guardrails, uniquely aligned with each AI application’s specific risk profile and business objectives — this was a game-changer for us,” said Tomer Maman, CISO @ Similarweb.

    “Businesses leveraging AI face a rapidly evolving set of risks — from model integrity and data poisoning to supply chain threats, and sophisticated inference attacks,” said Navot Volk at Ground Up Ventures. “Pillar was purpose-built for this reality, delivering robust protection amid the radical impact of AI, ensuring organizations remain secure, compliant, and agile.”

    Pillar is reshaping the AI security landscape through groundbreaking research powered by unmatched real-world threat intelligence. By establishing the industry’s largest AI threat intelligence feed, Pillar has analyzed insights from over 50 million AI application interactions to date. This unique visibility fuels Pillar’s advanced threat modeling and precision risk engines, proactively detecting and countering live AI attacks in production. In addition, Pillar’s research team recently exposed critical vulnerabilities, including the “Rules File Backdoor” in GitHub Copilot and Cursor, and published an industry-first report on real-world attacks against LLMs — revealing that attacks average just 42 seconds, with 20% of jailbreaks succeeding. Alongside the proven impact of its pioneering end-to-end platform, Pillar’s research demonstrates the company’s unwavering commitment to advancing industry-wide AI security standards.

    The company is already working with leading AI innovators from Fortune 500 companies to cutting-edge tech enterprises such as Similarweb, Eleos Health, and AvidXchange, while actively collaborating with key players throughout the AI ecosystem and industry-leading organizations.

    Learn more about Pillar’s platform and vision on the Pillar website and blog.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1a9c979-b0c1-4d6f-ac70-d73f7d30cf57

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  • MIL-OSI: Kingsoft Cloud Announces Pricing of Public Equity Offering

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, April 16, 2025 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced the pricing of its underwritten public offering (the “Public Offering”) of 18,500,000 of American depositary shares (the “ADSs”), each representing 15 ordinary shares of the Company, at a price of US$11.27 per ADS or a total of 277,500,000 ordinary shares at a price of HK$5.83 per ordinary share, based upon each ADS representing 15 ordinary shares and an exchange rate of HK$7.7574 to US$1.00, the spot rate of exchange at the time of pricing. All ADSs will be offered by Kingsoft Cloud. Investors have an option to receive ordinary shares of the Company to be traded on the HKEX (the “Shares”) in lieu of ADSs in this offering.

    Subject to customary closing conditions, the underwriters expect to (i) deliver the ADSs against payment to the purchasers on or about April 17, 2025, on a “T+1” basis, through the facilities of the Depository Trust Company in the U.S.; and (ii) deliver the ordinary shares against payment therefor through the facilities of the Central Clearing and Settlement System in Hong Kong on or about April 25, 2025, on a “T+5” basis. In addition, Kingsoft Cloud has granted the underwriters a 30-day option to purchase up to an additional 2,775,000 ADSs at the Public Offering price, less underwriting discounts and commissions, which purchase, if applicable, will be settled only in ADSs.

    Morgan Stanley Asia Limited, Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Deutsche Bank AG, Hong Kong Branch, The Hongkong and Shanghai Banking Corporation Limited, and Merrill Lynch (Asia Pacific) Limited are acting as the underwriters for the Public Offering.

    Concurrently with, and subject to, among other closing conditions, the completion of the Public Offering, the Company’s existing shareholder, Kingsoft Corporation Limited (“Kingsoft Corporation”) has agreed to purchase from the Company 69,375,000 of its ordinary shares at a price per share equal to the Public Offering price per ordinary shares, in a concurrent private placement (the “Concurrent Private Placement”). The Concurrent Private Placement to Kingsoft Corporation is being made pursuant to Regulation S of the Securities Act of 1933, as amended. The Concurrent Private Placement constitutes connected transactions within the meaning of the Listing Rules of The Stock Exchange of Hong Kong Limited and are subject to, among other conditions, (i) the approval by independent shareholders in a shareholder meeting the Company plans to convene, and (ii) the completion of the Public Offering.

    The gross proceeds to Kingsoft Cloud from the Public Offering and the Concurrent Private Placement, assuming the underwriters do not exercise its option to purchase additional ADSs, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately US$260.7 million. The Company plans to use the net proceeds from the Public Offering and the Concurrent Private Placement for (i) investments in upgrading and expanding infrastructure, (ii) investments in technology and product development, and (iii) general corporate and working capital purposes.

    The ADSs and ordinary shares are offered in the Public Offering pursuant to an automatic shelf registration statement on Form F-3 filed with the SEC and is available on the SEC’s website at http://www.sec.gov. A preliminary prospectus supplement and an accompanying prospectus related to the proposed Public Offering have been filed with the SEC and are available on the SEC’s website at http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained by contacting Morgan Stanley Asia Limited, c/o Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, United States, or by telephone at +1-866-718-1649 or by emailing prospectus@morganstanley.com; Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com; China International Capital Corporation Hong Kong Securities Limited, 29/F International Finance Center, No.1 Harbor View Street, Central, Hong Kong, by email at ecm_supernova_plus@cicc.com.cn; Deutsche Bank AG, Hong Kong Branch, Attention: Asia Equity Capital Market, Level 60, International Commerce Centre, 1 Austin Road West Kowloon, Hong Kong, or by phone at +852 2203-8166 or by email at asia.ecm.internal@list.db.com; HSBC Securities (USA) Inc. sales representative or by emailing ny.equity.syndicate@us.hsbc.com; or Merrill Lynch (Asia Pacific) Limited, c/o BofA Securities, Inc., Attention: Prospectus Department, One Bryant Park, New York, NY, 10036, United States, or by telephone at +1 (800) 294-1322 or by email at dg.prospectus_requests@bofa.com.

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

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to”, “could”, “potential” or other similar expressions. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud’s business and industry; the expected growth of the cloud service market in China; Kingsoft Cloud’s ability to monetize its customer base; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    About Kingsoft Cloud Holdings Limited

    Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX:3896) is a leading cloud service provider in China. With extensive cloud infrastructure, cutting-edge cloud-native products based on vigorous cloud technology research and development capabilities, well-architected industry-specific solutions and end-to-end fulfillment and deployment, Kingsoft Cloud offers comprehensive, reliable and trusted cloud service to customers in strategically selected verticals.

    For more information, please visit: http://ir.ksyun.com.
      
    For investor and media inquiries, please contact:

    Kingsoft Cloud Holdings Limited
    Nicole Shan
    Tel: +86 (10) 6292-7777 Ext. 6300
    Email: ksc-ir@kingsoft.com

    The MIL Network –

  • MIL-OSI: Athene Enhances Flagship Annuity Products, Expands Innovative Preset Allocation Feature

    Source: GlobeNewswire (MIL-OSI)

    WEST DES MOINES, Iowa, April 16, 2025 (GLOBE NEWSWIRE) — Athene, the leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), today announced new features on two of its flagship annuity products, designed to simplify the user experience.

    The Athene AccumulatorSM Fixed Indexed Annuity products now include Preset Allocations, a simplified allocation feature designed to make sophisticated diversification strategies easier to implement. In addition, the Athene ProtectorSM Fixed Indexed Annuity products now include a streamlined index lineup and new interest crediting strategies and rider options to help clients more easily navigate the product and focus on its protection features. Both products are designed to provide protected accumulation.

    “Athene is on a mission to make annuity products simpler to understand and easier to use,” said Mike Downing, Athene Chief Operating Officer. “These enhancements are about providing the best possible experience to financial professionals so that they can help their clients retire with certainty.”

    These enhancements are part of Athene’s ongoing efforts to simplify the user experience for annuity products. Earlier this year, Athene and Jackson National Life Insurance Company became the first carriers to complete a paperless transaction for replacement annuity business as part of the Insured Retirement Institute’s (IRI) Digital First Initiative.

    “Athene’s leadership is transforming the annuity experience for consumers and financial professionals,” said Downing. “Paperless replacements help reduce the processing time from 2-4 weeks to 48-72 hours. Now product-level enhancements like these can save financial professionals even more time as they set their clients up for success.”

    About Athene
    Athene is the leading retirement services company with over $360 billion of total assets as of December 31, 2024, and operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security to individuals by offering an attractive suite of retirement income and savings products and also serves as a solutions provider to corporations. For more information, please visit www.athene.com.

    Contact:
    Alyssa Castelli
    Director, External Relations
    +1 (646) 768-7304
    Alyssa.castelli@athene.com

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  • MIL-OSI: Global AI Diagnostics Market to Reach $8.54 Billion By 2033 as Industry Sees Increasing R&D and Strategic Collaborations

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., April 16, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Artificial intelligence (AI) is being utilized for disease detection in the global markets. In today’s AI-driven world, the use of deep learning algorithms and AI tools in diagnostics can improve the accuracy, speed and efficiency for diagnosing patients with minimal errors. The introduction of AI tools in diagnostics has revolutionized the healthcare industry with supporting the doctors in advanced disease diagnosis and providing personalized treatments to patients with better judgements and quick results. According to Precedence Research, the global artificial intelligence in diagnostics market size was exhibited at USD 1.61 billion in 2024 and is projected to hit around USD 8.54 billion by 2033, growing at a CAGR of 20.37% during the forecast period 2024 to 2033. The report said: “The advances in digital biomarkers technology which uses real-time monitoring systems for early disease diagnosis and prediction has also enhanced the AI in diagnostics market growth. The application of AI tools in diagnostics has led to analyzing medical images for assessing disease progression, predicting patient outcomes, processing and storing of patient data which includes electronic health records (EHRs), identifying patterns and anomalies in patient data and symptom checkers for providing potential diagnosis.”   Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Illumina Inc. (NASDAQ: ILMN), Tempus AI, Inc. (NASDAQ: TEM), Medtronic plc (NYSE: MDT), Spectral AI, Inc. (NASDAQ: MDAI).

    The report continued: “Moreover, the rising prevalence of chronic and non-communicable diseases (NCDs) is fueling the market growth of AI in diagnostics as the demand for advanced and digital healthcare solutions is increasing worldwide. The rapid developments in cutting-edge AI tools in diagnostics and the surging investments in R&D of industries in enhancing diagnostic proficiency for improved patient outcomes is driving the market. North America dominated the AI in diagnostics market in 2024. With the presence of key market players and cutting-edge advancements in technologies integrated with AI-powered tools has expanded the market growth in this region. The rise in investments in R&D, support from government initiatives and increased fundings from private and public organizations for producing AI-enhanced diagnostic tools is strengthening the industries in the region.”

    Avant Technologies, Inc. (OTCQB: AVAI) and JV Partner, Ainnova, Accelerate Expansion Across Latin America Following Key Role at Healthcare Innovation Summit – Avant Technologies, Inc. (“Avant” or the “Company”) and its partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced that following Ainnova’s sponsorship and its CEO’s key role at the 2025 Healthcare Innovation Summit in Mexico City, both Avant and Ainnova, through their joint venture, Ai-nova Acquisition Corp. (AAC), are building on Ainnova’s strong presence in Mexico by expanding its footprint across Latin America.

    Ainnova has initiated its first commercial pilots in both Chile and the Dominican Republic to work directly with prestigious hospitals that cover the full spectrum of care—from primary to highly specialized services. These pilot programs aim to demonstrate, (i) cost reduction in preventive diagnostics; (ii) increased efficiency in medical resource allocation and patient flow; (iii) enhanced institutional reputation driven by technological innovation; and (iv) improved profitability for participating healthcare centers through optimized patient referrals.

    The pilot programs leverage Ainnova’s proprietary Vision AI platform to identify health risks in real time, which enable seamless referrals for specialty care or further diagnostic tests when a positive risk is detected. The broader vision for the joint venture involves deploying an automated, low-cost retinal imaging device integrated with its AI-driven platform to deliver comprehensive preventive risk screening. From just two retinal images, blood pressure and some lab test information, the system will assess risks for: cardiovascular disease (CVD), type 2 diabetes, liver fibrosis, and chronic kidney disease (CKD).

    The message that Ainnova’s CEO, Vinicio Vargas, continues to convey to audiences around the world is that this accessible, fast, and scalable solution is designed to support early intervention and targeted treatment strategies, with the ambition of reaching millions of patients globally in the coming years.

    Avant has partnered with Ainnova to form AAC so the two companies can advance and commercialize Ainnova’s technology portfolio worldwide. AAC has the global licensing rights for the portfolio, including its Vision AI platform and its versatile retinal cameras.

    Avant and Ainnova have identified Brazil and the United States as key strategic markets. Ainnova is currently addressing regulatory pathways in Brazil with the support of its MDSAP certification to meet ANVISA requirements, paving the way for rapid market entry. CONTINUED… Read this and more news for Avant Technologies at:   https://www.financialnewsmedia.com/news-avai/

    In other developments and happenings in the markets recently include:

    Medtronic plc (NYSE: MDT), a global leader in healthcare technology, recently announced late-breaking data on five-year outcomes from the Evolut Low Risk Trial. Data shows, versus surgery, the Evolut™ transcatheter aortic valve replacement (TAVR) system delivers a numerically lower rate of all-cause mortality or disabling stroke at five years, strong valve performance and durable clinical outcomes. The findings were presented as late-breaking clinical science at the American College of Cardiology’s Annual Scientific Session & Expo and simultaneously published in the JACC, the flagship journal of the American College of Cardiology.

    The Evolut Low Risk Trial was a randomized, multicenter, international study assessing the safety and efficacy of the Evolut TAVR system versus surgery in low-risk patients. These patients had a predicted 30-day mortality risk <3%, as assessed by a local heart team. 1,414 patients were randomized, with 730 receiving TAVR with either a Medtronic Evolut R, PRO, or CoreValve™ and 684 undergoing surgery.

    Spectral AI, Inc. (NASDAQ: MDAI), a leading developer of the AI-driven DeepView® System, which uses multi-spectral imaging and AI algorithms to predict burn healing potential, recently announced the successful completion of a debt financing agreement of up to $15.0 million in funding from Avenue Venture Opportunities Fund II, L.P., a fund of Avenue Capital Group, with an initial draw down of $8.5 million. In connection with this debt financing, the Company also raised $2.7 million of equity financing from institutional as well as existing investors. With total cash on hand now of over $14 million and potential access to additional debt of $6.5 million, Spectral AI is able to accelerate its product commercialization efforts, including the upcoming U.S. launch of its DeepView System.

    The term of the financing agreement is for three years, with an interest-only payment period of no less than 15 months, which can be extended to 24 months upon achieving the milestones laid out in the second financing tranche. The second financing tranche, which is contingent upon FDA clearance of the DeepView System, includes an additional $6.5 million in debt financing and a $7.0 million equity raise to be completed by the Company. The financing also includes warrant coverage equal to 8.5% of the total funding commitment from Avenue Capital Group, with an exercise price of $1.80 per share.   As part of the financing, the Company has agreed to a market standstill with no additional stock sales by the Company for a period of at least six months. SP Angel Corporate Finance LLP acted as the sole placement agent for the participation of existing UK investors. Dominari Securities LLC acted as the sole placement agent for U.S. investors.

    Illumina Inc. (NASDAQ: ILMN) and Tempus AI, Inc. (NASDAQ: TEM) recently announced a collaboration to accelerate clinical adoption of next-generation sequencing tests through novel evidence generation. The collaboration will combine leading Illumina AI technologies with Tempus’s comprehensive multimodal data platform to train genomic algorithms and ultimately accelerate clinical adoption of molecular testing for patients.

    “In the era of true precision medicine, every patient who is battling complex disease should be routed to the optimal therapy based on molecular insights,” said Everett Cunningham, chief commercial officer of Illumina. “We envision a world where the full range of molecular profiling is available as part of the standard of care—not just in cancer, but in cardiology, neurology, immunology, and every other category of disease.”

    Today, patients frequently miss the benefit of precision medicine because molecular profiling is not yet standard across disease areas and regions. This collaboration will leverage Tempus multimodal data to further improve Illumina’s AI-driven molecular analysis technologies and generate new insights supporting the clinical value of sequencing. These insights will be used to build evidence packages needed to standardize use of comprehensive genomic profiling and other molecular testing across all major diseases.

    “By expanding our collaboration with Illumina, we are combining our strengths in technology and data analytics with their strengths in developing new sequencing technologies to drive forward innovation and advance precision medicine,” said Terron Bruner, chief commercial officer of Tempus.

    The program builds on a long-standing collaboration between the companies, which has focused on developing tools and assays to address gaps in testing needs from preemptive screening through therapy selection, health economics, and bioinformatics pipelines to improve patient outcomes and research.

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty nine hundred dollars for news coverage of the current press releases issued by Avant Technologies, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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