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Category: GlobeNewswire

  • MIL-OSI: Element Appoints Claire M. Murphy to Chief Legal and Sustainability Officer

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 03, 2025 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, is pleased to announce the promotion of Claire M. Murphy to Executive Vice President, Chief Legal and Sustainability Officer.

    “Claire is a passionate, meticulous and empathetic leader who has played an integral role helping to establish our new leasing centre of excellence in Ireland,” said Laura Dottori-Attanasio, CEO, Element. “She is a tremendous addition to our global Executive Team, and I am confident she will continue to be an integral partner, driving our organization towards success and delivering value to our clients, team members, and communities.”

    Ms. Murphy, who joined Element in 2024 as VP and Assistant General Counsel Leasing, brings more than 20 years’ experience across legal, sustainability, strategy, and human resources. In her new role, she leads legal and sustainability initiatives, ensuring strategic alignment of Element’s legal, regulatory, and governance functions. Additionally, she has responsibility for corporate real estate, and protecting Element’s data and digital security.

    “At such a pivotal time for our organization, I am honoured to step into this new role as Executive Vice President, Chief Legal and Sustainability Officer,” said Ms. Murphy. “I look forward to driving forward our legal, sustainability, data, and digital security strategies, while working collaboratively with our talented global team to deliver meaningful impact and continued success.”

    About Element Fleet Management

    Element Fleet Management (TSX: EFN) is the largest publicly traded pure-play automotive fleet manager in the world. As a Purpose-driven company, we provide a full range of sustainable and intelligent mobility solutions to optimize and enhance fleet performance for our clients across North America, Australia, and New Zealand. Our services address every aspect of our clients’ fleet requirements, from vehicle acquisition, maintenance, route optimization, risk management, and remarketing, to advising on decarbonization efforts, integration of electric vehicles and managing the complexity of gradual fleet electrification. Clients benefit from Element’s expertise as one of the largest fleet solutions providers in its markets, offering economies of scale and insight used to reduce operating costs and enhance efficiency and performance. At Element, we maximize our clients’ fleet so they can focus on growing their business. For more information, please visit: www.elementfleet.com

    This press release contains certain forward-looking statements and forward-looking information regarding Element, its business and the fleet industry, which are based upon Element’s current expectations, estimates, projections, assumptions and beliefs. In some cases, words such as “plan”, “expect”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “could”, “predict”, “project”, “model”, “forecast”, “will”, “potential”, “target”, “by”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur are intended to identify forward-looking statements and forward-looking information. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements or information. Forward-looking statements and information in this news release may include, but are not limited to, statements with respect to, among other things, the Company’s expectations regarding new product offerings, including the benefits of the products, client demand and profitability, the Company’s ability to execute on its product plans, and the Company’s expectations regarding the risk and insurance industries. By their nature, these statements require us to make assumptions and are subject to inherent risks and uncertainties that may be general or specific, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct. External factors outside of Element’s reasonable control may impact our ability to achieve our goals and expectations, including industry dynamics, legislation and regulatory actions, the failure of third parties to comply with their obligations to us and our affiliates or associates, client decisions and preferences. These and other factors may cause actual results to differ materially from the expectations expressed in the forward-looking statements and may require Element to adjust its initiatives and activities. The forward-looking statements in this news release speak only as of the date hereof and are presented for the purpose of assisting our stakeholders and others in understanding our objectives and strategic priorities and may not be appropriate for other purposes. We do not undertake to update any forward-looking statement except as required by law. In addition, a discussion of some of the material risks affecting Element and its business appears under the heading “Risk Management & Risk Factors” in Element’s Management Discussion and Analysis for the twelve-month period ended December 31, 2023 and the three and nine-month period ended September 30, 2024, and under the heading “Risk Factors” in Element’s Annual Information Form for the year ended December 31, 2023, as well as Element’s other filings with the Canadian securities regulatory authorities, which have been filed on SEDAR+ and can be accessed on Element’s profile on www.sedarplus.com.

    The MIL Network –

  • MIL-OSI: AGF Reports March 2025 Assets Under Management and Fee-Earning Assets

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 03, 2025 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $52.1 billion as at March 31, 2025.

                         
    AUM
    ($ billions)    		 March 31,
    2025    		   February 28,
    2025    		   % Change
    Month-Over-
    Month    		   March 31,
    2024    		   % Change
    Year-Over-
    Year    		  
    Total Mutual Fund $29.8   $31.1       $26.7      
    Exchange-traded funds + Separately managed accounts $3.0   $2.9       $1.7      
    Segregated accounts and Sub-advisory $6.2   $6.6       $7.4      
    AGF Private Wealth $8.5   $8.6       $8.0      
    Subtotal
    (before AGF Capital Partners AUM and fee-earning assets1)    		 $47.5   $49.2       $43.8      
    AGF Capital Partners $2.5   $2.5       $2.7      
    Total AUM $50.0   $51.7   -3.3 % $46.5   7.5 %
    AGF Capital Partners fee-earning assets1 $2.1   $2.1       $2.1      
    Total AUM and fee-earning assets1 $52.1   $53.8   -3.2 % $48.6   7.2 %
                         
    Average Daily Mutual Fund AUM $30.1   $31.2       $26.5      
    1 Fee-earning assets represent assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.
       
    Mutual Fund AUM by Category
    ($ billions)    		 March 31,
    2025    		   February 28,
    2025    		   March 31, 2024  
    Domestic Equity Funds $4.4   $4.5   $4.2  
    U.S. and International Equity Funds $18.1   $19.3   $15.7  
    Domestic Balanced Funds $0.1   $0.1   $0.1  
    U.S. and International Balanced Funds $1.7   $1.7   $1.7  
    Domestic Fixed Income Funds $2.0   $2.0   $1.7  
    U.S. and International Fixed Income Funds $3.2   $3.2   $3.1  
    Domestic Money Market $0.3   $0.3   $0.2  
    Total Mutual Fund AUM $29.8   $31.1   $26.7  
                 
    AGF Capital Partners AUM and fee-earning assets
    ($ billions)    		 March 31,
    2025    		   February 28,
    2025    		   March 31, 2024  
    AGF Capital Partners AUM $2.5   $2.5   $2.7  
    AGF Capital Partners fee-earning assets $2.1   $2.1   $2.1  
    Total AGF Capital Partners AUM and fee-earning assets $4.6   $4.6   $4.8  
                 

    About AGF Management Limited

    Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

    AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

    Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With over $52 billion in total assets under management and fee-earning assets, AGF serves more than 815,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

    AGF Management Limited shareholders, analysts and media, please contact:

    Nick Smerek
    VP, Financial Planning & Analysis
    416-865-4337, InvestorRelations@agf.com

    The MIL Network –

  • MIL-OSI: Sizzle Acquisition Corp. II Completes $230,000,000 Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Each Unit Includes One Class A Ordinary Share and
    One Share Right to Receive 1/10th of a Class A Ordinary Share

    New York, NY, April 03, 2025 (GLOBE NEWSWIRE) — Sizzle Acquisition Corp. II (the “Company”) announced today the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, at a price of $10.00 per unit, resulting in gross proceeds of $230,000,000.

    The units began trading on the Nasdaq Global Market (“Nasdaq”) on April 2, 2025 under the ticker symbol “SZZLU.” Each unit consists of one Class A ordinary share and one right (the “Share Right”) to receive one tenth (1/10) of one Class A ordinary share upon the consummation of an initial business combination. An amount equal to $10.00 per unit was deposited into a trust account upon the closing of the offering. Once the securities constituting the units begin separate trading, the Class A ordinary shares and Share Rights are expected to be listed on Nasdaq under the symbols “SZZL” and “SZZLR,” respectively.

    The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution. The Company’s primary focus, however, will be on the industries of restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, real estate industries such as “proptech”, mining, professional sports teams, airlines and technology, including sectors that service or are connected to these industries in the United States and other developed countries. The Company intends to pursue completing a business combination with an established business of scale poised for continued growth, led by a highly regarded management team.

    The Company’s management team is led by Steve Salis, its Chief Executive Officer and Chairman of the Board of Directors (the “Board”), Jamie Karson, its Non-Executive Vice-Chairman of the Board and Daniel Lee, its Chief Financial Officer and Head of Business and Corporate Development. The Board also includes Neil Leibman, Warren Thompson and David Perlin.

    Cantor Fitzgerald & Co. acted as sole book-running manager for the offering.

    A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on April 1, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds will be used as indicated.

    Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Company Contact:

    Sizzle Acquisition Corp. II
    Sheena Lajoie
    sl@sizzlespac.com

    The MIL Network –

  • MIL-OSI: ICON SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against ICON plc – ICLR

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, April 03, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until April 11, 2025 to file lead plaintiff applications in securities class action lawsuits against ICON plc (the “Company”) (NasdaqGS: ICLR), if they purchased the Company’s shares between July 27, 2023 and January 13, 2025, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Eastern District of New York.

    Get Help

    ICON investors should visit us at https://claimsfiler.com/cases/nasdaq-iclr/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

    About the Lawsuits

    On October 23, 2024, the Company reported financial results for 3Q 2024, disclosing quarterly revenues of just $2.03 billion, revealing a shocking “revenue shortfall” that significantly missed consensus estimates of $2.13 billion by more than $100 million, that quarterly net new business wins had declined sequentially to $2.3 billion during the quarter, and that its book-to-bill ratio fell sequentially to 1.15, down from 1.22 in the prior quarter, due to ongoing cost containment measures by customers. On this news, the price of ICON’s shares fell from $280.76 per share on October 23, 2024 to $220.47 per share on October 25, 2024. Then, on January 14, 2025, the Company disclosed financial guidance for 2025 well below analysts’ expectations due to “trial activity [that] has been impacted by cautious spending from biopharma customers” and “a headwind from our top two customers.” On this news, the price of ICON’s shares fell from $217.99 per share on January 13, 2025, to $200.24 per share on January 14, 2025.

    The first-filed case is Shing v. ICON plc, No. 25-cv-00763. A subsequent case, Police and Fire Retirement System of the City of Detroit v. ICON plc, No. 25-cv-1807, updated the Class Period.

    About ClaimsFiler

    ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

    To learn more about ClaimsFiler, visit www.claimsfiler.com.

    The MIL Network –

  • MIL-OSI: Diversified Royalty Corp. Announces April 2025 Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, April 03, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of April 1, 2025 to April 30, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on April 30, 2025 to shareholders of record as of the close of business on April 15, 2025.

    About Diversified Royalty Corp.

    DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.

    DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada’s largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada.

    DIV’s objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows.

    Forward Looking Statements

    Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the amount and timing of the April 2025 dividend to be paid to DIV’s shareholders; DIV’s objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information. DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form dated March 24, 2025 and in its most recent Management’s Discussion and Analysis, copies of each of which are available under DIV’s profile on SEDAR+ at www.sedarplus.com.

    In formulating the forward-looking information contained herein, management has assumed that, among other things, DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect.

    All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

    THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.

    Additional Information

    Additional information relating to the Corporation and other public filings, is available on SEDAR+ at www.sedarplus.com.

    Contact:
    Sean Morrison, President and Chief Executive Officer
    Diversified Royalty Corp.
    (236) 521-8470

    Greg Gutmanis, Chief Financial Officer and VP Acquisitions
    Diversified Royalty Corp.
    (236) 521-8471

    The MIL Network –

  • MIL-OSI: Wintrust Board Members Edward Wehmer and Scott Heitmann to Conclude Long-time Board Service

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 03, 2025 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (NASDAQ: WTFC) (“Wintrust”) today announced Edward J. Wehmer and Scott K. Heitmann will conclude their long-time service as members of the Board of Directors at the Annual Meeting of Shareholders to be held May 22, 2025.

    “The leadership and expertise Ed and Scott have brought to our Board of Directors throughout their tenures cannot be summed up in a few words,” said H. Patrick Hackett, Jr., Wintrust Chairman of the Board. “We are immensely grateful to both Ed and Scott for their Board service as Wintrust has grown to the very successful $65 billion financial services enterprise it is today.”

    Wehmer opened the first Wintrust Community Bank location in 1991 when he launched Lake Forest Bank & Trust. He has served on the Board since the initial formation of Wintrust as a public company in 1996 and was President and Chief Executive Officer until May 2023. At that time, under the previously announced transition plan, Tim Crane was appointed President and Chief Executive Officer and Wehmer transitioned to Executive Chairman, a role he held until May 2024, as well as Founder and Senior Advisor, a role he continues to hold. He will be appointed Chairman Emeritus following the 2025 Annual Meeting.

    “Wintrust is coming off its best year ever,” Wehmer said. “The future for our company is bright. I will very much continue to be a resource and a sounding board for Tim and the management team in my role as Founder and Senior Advisor of the company. Of course, I remain a passionate advocate for Wintrust and our different approach to serving our customers across all of our businesses.”

    Heitmann joined the Board in 2008, bringing his vast banking industry experience with LaSalle Bank Corp., Standard Federal Bank and the Federal Home Loan Bank of Chicago to Wintrust as the company navigated a challenging banking environment.

    “Scott’s deep experience in banking provided us with valuable counsel as we realized opportunities to grow our Wintrust Community Banks, as well as support to navigate challenges our industry has faced over the last 17 years,” Hackett said.

    The remaining 13 Board members are seeking re-election, as noted in the 2025 Proxy Statement available at ir.wintrust.com.

    About Wintrust
    Wintrust is a financial holding company with $64.9 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results®” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. For more information, please visit wintrust.com.

    Forward-Looking Information
    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. Wintrust’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 Wintrust’s Annual Report on Form 10-K for the most recently ended fiscal year. Forward-looking statements speak only as of the date made and Wintrust undertakes no duty to update the information.

    For more information, media may contact Amy Yuhn at 847-939-9591 or ayuhn@wintrust.com or Tim Crane at 847-939-9000. For investor relations inquiries, please contact Dave Dykstra at 847-939-9000.

    The MIL Network –

  • MIL-OSI: Waterfall Network Partners with Generative Mind and WaterSwap to Build AI-Powered Decentralized Solutions

    Source: GlobeNewswire (MIL-OSI)

    Zug, Switzerland, April 03, 2025 (GLOBE NEWSWIRE) — Waterfall Network (https://waterfall.network/), the most decentralized and scalable ledger, has announced a partnership with Generative Mind, a leader in AI-driven blockchain intelligence and WaterSwap, the first AI-powered BTC DEX with real-time market sentiment. This collaboration combines Generative Mind’s advanced AI capabilities with Waterfall’s decentralized infrastructure to develop innovative, transparent, and efficient Web3 solutions. WaterSwap is the first of many groundbreaking projects to launch under the partnership that will introduce practical tools for improving token launches, market performance, influencer credibility, and machine learning efficiency.

    “AI is transforming blockchain by making data-driven decisions more accessible and transparent,” said Anna Maria Di Sciullo, CEO and Co-Founder of Generative Mind. “Our partnership with Waterfall and WaterSwap allows us to bring AI-powered insights to Web3 in a way that benefits the entire ecosystem.” 

    AI-Powered Launchpad for New Projects

    By aggregating real-time internet data and historical project performance, Generative Mind and Waterfall are creating a smart launchpad that will automatically assign a “hype score” to new crypto projects. This score will help the community evaluate investment potential and make informed decisions.

    Decentralized Exchange (DEX) with Predictive Market Insights

    Leveraging the same AI-driven analytics, the planned DEX integration will provide real-time hype scores for already launched projects, offering traders a powerful new tool to anticipate potential price movements and market trends.

    Trust-Based Marketplace for Influencers and Key Opinion Leaders (KOLs)

    The partnership will also introduce a marketplace that evaluates the credibility and impact of crypto influencers. By analyzing past project performance and influencer involvement, an algorithm will generate a “community trust score” for key opinion leaders (KOLs). This score will help investors and projects assess an influencer’s reliability based on their track record with successful launches.

    Decentralized AI Compute Infrastructure

    Waterfall’s robust decentralized network will serve as the foundation for a groundbreaking decentralized AI computing framework. Using grid computing principles, this system will allow multiple machines to work together on AI tasks, speeding up the training of AI models. Those who contribute computing power will be rewarded based on the amount of work they provide.

    Furthermore, this infrastructure will facilitate on-demand AI model consumption, enabling developers to access pre-installed NLP models with expansion capabilities. By bridging computational resources with AI demand, this initiative will create a self-sustaining AI economy, where contributors earn rewards while developers gain access to scalable AI solutions.

    “By integrating AI with blockchain infrastructure, we are bridging the gap between data intelligence and decentralized finance,” said Vincent Di Sciullo COO and Co-Founder of Generative Mind. “With Waterfall’s scalable network and WaterSwap’s innovative trading platform, we are creating tools that empower users with real-time market sentiment and predictive analytics, driving a new era of informed decision-making in Web3.”

    WaterSwap, A First of Its Kind

    WaterSwap is the first AI-powered BTC DEX, combining real-time AI market insights, gas-free transactions, and deep liquidity to optimize execution for traders and liquidity providers. As the first project under this collaboration, WaterSwap unlocks new trading strategies with AI-optimized liquidity management, perpetual futures, and cross-chain BTC interoperability. In essence, WaterSwap is redefining Bitcoin trading, integrating AI-driven sentiment analysis, deep liquidity pools, and institutional-grade compliance into a seamless, on-chain trading experience.

    “This partnership with Waterfall and Generative Mind accelerates our mission to bring smarter, more transparent trading solutions to the crypto space,” said Andrey Sarayev, Founder of Waterswap. “For the first time, traders can access real-time sentiment analysis directly on a DEX, unlocking more strategic and efficient trading.”

    Shaping the Future of AI and Blockchain

    “Generative Mind, WaterSwap and Waterfall share a common vision of leveraging AI and decentralized technology to bring trust, efficiency, and intelligence to Web3,” said Dr. Sergii Grybniak, Head of Research at Waterfall Network. “Our joint initiatives will set new standards for how blockchain projects are launched, traded, and evaluated while expanding the frontiers of decentralized AI computing.”

    Waterfall’s infrastructure, combined with Generative Mind’s AI expertise, has the potential to redefine the token launch ecosystem, decentralized trading strategies, and the role of AI in blockchain development. The companies plan to release further details on these initiatives in the coming months.

    For more information on what’s next, visit https://waterfall.network/ and follow Waterfall Network on all its channels: 

    Discord: https://discord.gg/Nwb8aR2XvR 
    Twitter: https://x.com/waterfall_dag 
    Telegram: https://t.me/waterfall_network

    About Generative Mind
    Generative Mind is an AI-driven blockchain analytics company specializing in real-time fine-grained natural language understanding, data aggregation, predictive modeling, and intelligence solutions for the Web3 ecosystem. Generative Mind’s innovative technology and decentralized data solutions make it uniquely positioned to compute and deploy leading social media hype signals.

    About Waterfall
    Waterfall Network is a leading layer one (L1) ledger that provides an innovative solution for security, scalability and decentralization, helping dAPP developers to change the world.  Waterfall Network is built atop a Directed Acyclic Graph (DAG) architecture that enables users to run a validator node from any device, including low-cost laptops and, in the near future, mobile phones. Waterfall Network is compatible with Ethereum Virtual Machine (EVM), allowing for portability of decentralized applications (dAPPs), with minimal  hardware requirements for participants who want to become validators. 

    Media Contact:
    bluewave@transformgroup.com 

    The MIL Network –

  • MIL-OSI: APPLOVIN SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against AppLovin Corporation – APP

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, April 03, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 5, 2025 to file lead plaintiff applications in a securities class action lawsuit against AppLovin Corporation (NasdaqGS: APP), if they purchased the Company’s securities between May 10, 2023 and February 25, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.

    Get Help

    AppLovin investors should visit us at https://claimsfiler.com/cases/nasdaq-app/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

    About the Lawsuit

    AppLovin and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

    On February 26, 2025, analyst research reports highlighted that the Company was engaging in “Ad Fraud” and other dubious practices including reverse engineering and exploiting advertising data from Meta Platforms, and utilizing manipulative practices to artificially inflate their own ad click-through and app download rates, such as by having ads click on themselves or utilizing design gimmicks to trigger forced shadow downloads, erroneously inflating installation numbers and, in turn, its profit figures.

    On this news, the price of AppLovin’s shares fell from $377.06 per share on February 25, 2025 to $331.00 per share on February 26, 2025.

    The case is Quiero v. AppLovin Corporation, et al., No. 25-cv-02294.

    About ClaimsFiler

    ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

    To learn more about ClaimsFiler, visit www.claimsfiler.com.

    The MIL Network –

  • MIL-OSI: Compass Diversified Declares First Quarter 2025 Distributions on Common and Series A, B and C Preferred Shares

    Source: GlobeNewswire (MIL-OSI)

    WESTPORT, Conn., April 03, 2025 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market branded consumer and industrial businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended March 31, 2025, is payable on April 24, 2025, to all holders of record of Common Shares as of April 17, 2025.

    The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, January 30, 2025, up to, but excluding, April 30, 2025. The distribution for such period is payable on April 30, 2025, to all holders of record of Series A Preferred Shares as of April 15, 2025.

    The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series B Preferred Shares (the “Series B Preferred Shares”). The distribution on the Series B Preferred Shares covers the period from, and including, January 30, 2025, up to, but excluding, April 30, 2025. The distribution for such period is payable on April 30, 2025, to all holders of record of Series B Preferred Shares as of April 15, 2025.

    The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series C Preferred Shares (the “Series C Preferred Shares”). The distribution on the Series C Preferred Shares covers the period from, and including, January 30, 2025, up to, but excluding, April 30, 2025. The distribution for such period is payable on April 30, 2025, to all holders of record of Series C Preferred Shares as of April 15, 2025.

    CODI’s common and preferred cash distributions should generally constitute “qualified dividends” for U.S. federal income tax purposes to the extent they are paid from “earnings and profits” (as determined under U.S. federal income tax principles), provided that the requisite holding period is met. To the extent that the amount of cash distributions exceeds earnings and profits, such distribution will first be treated as a non-taxable return of capital to the extent of the holder’s adjusted tax basis in the shares and thereafter be treated as a capital gain from the sale or exchange of such shares.

    About Compass Diversified
    Since its IPO in 2006, CODI has consistently executed its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the branded consumer, industrial, and healthcare and critical outsourced services sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment, and accountability. For more information, please visit compassdiversified.com.

    Forward-Looking Statements
    This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI and its subsidiaries. Words such as “believes,” “expects,” and “future” or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2024 and in other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Investor Relations
    Compass Diversified
    irinquiry@compassdiversified.com

    Gateway Group
    Cody Slach
    949.574.3860
    CODI@gateway-grp.com

    Media Relations
    Compass Diversified
    mediainquiry@compassdiversified.com

    The IGB Group
    Leon Berman
    212.477.8438
    lberman@igbir.com

    Source: Compass Diversified Holdings

    The MIL Network –

  • MIL-OSI: FinWise Bancorp to Host First Quarter 2025

    Source: GlobeNewswire (MIL-OSI)

    MURRAY, Utah, April 03, 2025 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), the parent company of FinWise Bank, today announced that it will report its first quarter 2025 results and host a conference call and webcast after the market close on Wednesday, April 30, 2025.

    Conference Call Information

    The conference call will be held at 5:30 p.m. ET to discuss financial results for the first quarter of 2025. The dial-in number is 1-877-423-9813 (toll-free) or 1-201-689-8573 (international). The conference ID is 13752183. Please dial the number 10 minutes prior to the scheduled start time.

    Webcast Information

    The webcast will be available on the Company’s website at FinWise Earnings Call Live Webcast and a replay of the call will be available at Investor Relations | FinWise Bancorp (gcs-web.com) for six months following the call.

    Submission of Conference Call Questions

    In addition to questions asked live by analysts during the call, the Company will also accept for consideration questions submitted via email prior to 5:30 p.m. ET on Wednesday, April 30, 2025. Please email questions to investors@finwisebank.com.

    About FinWise Bancorp

    FinWise provides Banking and Payments solutions to fintech brands. The Company is expanding and diversifying its business model by incorporating Payments (MoneyRailsTM) and BIN Sponsorship offerings. Its existing Strategic Program Lending business, conducted through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands. In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, which provide flexibility for disciplined balance sheet growth. Through its compliance oversight and risk management-first culture, the Company is well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance.

    For more information on FinWise Bank, visit https://investors.finwisebancorp.com.

    Contacts:
    investors@finwisebank.com
    media@finwisebank.com

    The MIL Network –

  • MIL-OSI: COMSTOCK RESOURCES, INC. ANNOUNCES FIRST QUARTER 2025 EARNINGS DATE AND CONFERENCE CALL INFORMATION

    Source: GlobeNewswire (MIL-OSI)

    FRISCO, TX, April 03, 2025 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) plans to release its first quarter 2025 results on April 30, 2025 after the market closes and host its quarterly conference call at 10:00 a.m. CT on May 1, 2025 to discuss the first quarter results.  

    Parties interested in participating in the conference call telephonically will need to register at https://register-conf.media-server.com/register/BIe794f2ba5583499f970858176fd39094. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ensure a timely connection to the call.

    ~~~

    The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL: https://edge.media-server.com/mmc/p/99m3j47q.

    ~~~

    A replay of the first quarter 2025 conference call will be available for twelve months beginning at 1:00 p.m. CT on May 1, 2025. The replay of the conference can be accessed using the webcast link: https://edge.media-server.com/mmc/p/99m3j47q.

    About Comstock Resources:

    Comstock Resources is a leading independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas.

    A slide show presentation on the financial results will be available on Comstock’s website at www.comstockresources.com. Click on “Quarterly Results” to view the slide show.

    The MIL Network –

  • MIL-OSI: Employers Holdings, Inc. Schedules First Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., April 03, 2025 (GLOBE NEWSWIRE) — Employers Holdings, Inc. (the “Company”) (NYSE:EIG) today announced that it will release its first quarter 2025 financial results after market close on Thursday, May 1, 2025, after which these materials will be available on the Company’s website at www.employers.com through the “Investors” link.

    Conference Call Details
    The Company will then review these financial results via a conference call and webcast on Friday, May 2, 2025, at 11:00 a.m. EDT / 8:00 a.m. PDT.

    To participate in the live conference call, you must first register here. Once registered you will receive dial-in numbers and a unique PIN number. The webcast will be accessible on the Company’s website at www.employers.com through the “Investors” link.

    An archived version of the webcast will be accessible on the Company’s website following the live call.

    About EMPLOYERS

    Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services (collectively “EMPLOYERS®”) focused on small and mid-sized businesses engaged in low-to-medium hazard industries. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset – their employees – through exceptional claims management, loss control, and risk management services, to create safer work environments.

    EMPLOYERS is also proud to offer Cerity®, which is focused on providing digital-first, direct-to-consumer workers’ compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.

    EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A (Excellent) by A.M. Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS® is a registered trademark of EIG Services, Inc., and Cerity® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com and www.cerity.com.

    Contact: Michael Pedraja mpedraja@employers.com

    The MIL Network –

  • MIL-OSI: National Fuel Announces Executive Management Change

    Source: GlobeNewswire (MIL-OSI)

    Utility President Donna DeCarolis to Retire;
    Will Continue to Serve as a Senior Energy Advisor to National Fuel

    Michael Colpoys to Succeed DeCarolis as
    President of National Fuel Gas Distribution Corporation

    WILLIAMSVILLE, N.Y., April 03, 2025 (GLOBE NEWSWIRE) — National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE: NFG) today announced that Donna L. DeCarolis, President of National Fuel Gas Distribution Corporation, the Utility segment of National Fuel Gas Company, has indicated her intention to retire, effective July 1, 2025, after more than 40 years of service.

    While Donna retires from the day-to-day management of New York’s largest natural gas only utility, she is being retained as a Senior Energy Advisor for the Company, continuing her role actively representing National Fuel in New York’s statewide energy policy matters. Since 2019 when New York passed the most aggressive climate and decarbonization legislation in the country, DeCarolis has been a staunch advocate for natural gas customers and the need for them to have affordable, reliable and resilient energy options. She has participated in hundreds of community conversations to increase awareness and education on the State’s climate mandates and their potential impact on the lives of New York residents as well as the State’s economy. DeCarolis has been an active presence in Albany identifying real regional differences, and how a policy that might work downstate is potentially harmful for upstate New York due to our more extreme weather and less wealth than metro New York City. Her important role as a vocal advocate in this arena is not going to change, she’ll just be in a different capacity as a senior advisor for National Fuel.

    “Donna’s leadership has made a lasting mark on National Fuel and the communities and organizations she has served for more than 40 years,” said David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company. “Her dedication and vision have helped shape the long-term success of our organization, and I am pleased that she will continue to represent the Company in key energy policy matters as a senior advisor. I hope that her next chapter will be as rewarding as her career has been for National Fuel.”

    DeCarolis was named President of National Fuel Gas Distribution Corporation, National Fuel’s Utility subsidiary, in February 2019. Prior to that, since 2007, she held the title of Vice President of Business Development for National Fuel Gas Company. During her more than 40-year tenure with the Company, she ascended through several different business areas, including Corporate Investor Relations, Utility Customer Quality Assurance, Corporate Communications, Human Resources, Utility Energy Marketing, Government Affairs, Utility Consumer Business/Customer Service as well as having previously been president of several of the Company’s non-regulated business entities. Active in her support of the community, Donna has served in leadership capacities on the boards of the Business Council of New York, the Buffalo Niagara Partnership, Frank Lloyd Wright’s Darwin Martin House Restoration Complex, Leadership Buffalo, Shea’s O’Connell Preservation Guild, the University at Buffalo’s School of Management, Buffalo Sabres Foundation, Niagara University and the African American Veteran’s Monument.

    Shortly after assuming the role of Utility President, DeCarolis was named the second appointment to the New York State Climate Action Council, a 22-member body created in statute under the Climate Leadership and Community Protection Act (Climate Act). The Council was charged with developing a plan to reach New York State’s 2030 and 2050 greenhouse gas emission reduction goals and spent three years developing a final scoping plan, issued December 2022. DeCarolis was one of the three energy industry executives to vote against the Scoping Plan because of unanswered and unaddressed concerns about the Climate Act’s impact on customer affordability, energy reliability, the elimination of customer choice and the overall impact on New York’s ability to maintain its business competitiveness if the state were to decarbonize and electrify everything.

    The Company also announced that on July 1, 2025, DeCarolis will be succeeded by Michael Colpoys as President of National Fuel Gas Distribution Corporation. Colpoys is a long-tenured National Fuel officer who has spent much of his career on the Operations side of the industry. With decades of experience in all aspects of utility operations, Colpoys was named Senior Vice President for National Fuel Gas Distribution Corporation in 2021, gaining oversight for all utility field operations in New York and Pennsylvania. In addition, he oversees the Rates and Regulatory Affairs, Energy Services and Gas Supply Administration departments.

    Originally from Buffalo, Colpoys started his career in 1987 as a Management Trainee and was promoted to Junior Engineer in 1988. In the following years, he was promoted numerous times, advancing to Assistant Vice President of Distribution Corporation in 2009 and then to Vice President in 2015 of National Fuel Gas Midstream Company where he oversaw the development, construction and operation of the company’s expanding gathering pipelines. In 2016, he was named Vice President of Distribution Corporation. He received a bachelor’s degree from Clarkson University and a Master of Business Administration from Penn State Behrend.

    Colpoys resides in Erie, Pa., and is actively involved with industry, business and community groups, serving on the boards of Northeast Gas Association, Energy Association of Pennsylvania, Pennsylvania Chamber, Erie Downtown Development Corporation, Penn State Behrend College of Fellows and the 100 Club of Buffalo.

    National Fuel is an integrated energy company reporting financial results for four operating segments: Exploration and Production, Pipeline and Storage, Gathering and Utility. National Fuel Gas Distribution Corporation is the Utility segment of National Fuel Gas Company and provides natural gas service for 2.2 million residents in Western New York and Northwestern Pennsylvania. Additional information about National Fuel is available at www.nationalfuel.com.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d16aac8d-4110-4b4a-9e31-e12c1a87dce2
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e1cb8680-74fe-4355-a3c5-3c5878a05868

    The MIL Network –

  • MIL-OSI: Natural Gas Services Group, Inc. Announces the Appointment of Anthony Gallegos to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Midland, Texas, April 03, 2025 (GLOBE NEWSWIRE) — Midland, Texas, April 3, 2025 – Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced that its Board of Directors (the “Board”) appointed Anthony Gallegos to the Board on April 1, 2025. Mr. Gallegos fills the position vacated by David Bradshaw in connection with his retirement from the Board in December 2024.

    “On behalf of the entire team at NGS, we are excited to welcome Anthony Gallegos to the Board of Directors,” said Justin Jacobs, Chief Executive Officer. “Anthony brings a wealth of experience from his distinguished career in the energy sector where he has consistently demonstrated exceptional operational expertise. His deep understanding of our industry, along with his vast network, will be invaluable as we navigate the next phase of growth at NGS. The Board and I are eager to collaborate with Anthony as we focus on driving shareholder value and advancing our mission to deliver innovative natural gas compression solutions.”

    Commenting on his appointment, Mr. Gallegos stated, “I am excited to work alongside the Directors and executive team of Natural Gas Services Group, and I look forward to leveraging my experiences and expertise to help drive shareholder value. The company has done an extraordinary job driving innovation, growing its fleet, and expanding both its customer base and pipeline for future growth. It is my goal to work together to uncover new ways of driving growth and profitability and an improved customer experience.” 

    Stephen Taylor, Chairman of the Board added, “We are delighted to add someone of Anthony’s background and experience to our Board of Directors as he brings exceptional expertise in the oilfield services industry and across various functional areas of our business. His knowledge will serve our company, our customers, and our shareholders well as we continue to execute our long-term growth plans.”

    Mr. Gallegos has more than 30 years of experience in the offshore, international, and US land drilling business. He currently serves as President, Chief Executive Officer and Director of Independence Contract Drilling, Inc. (ICD), positions he has held since October 2018.  Prior to his role with ICD, Anthony held various executive positions with Sidewinder Drilling Company, a company he co-founded in 2011, until Sidewinder’s merger with ICD in October 2018. Previously, Anthony held various leadership positions in the areas of operations, marketing, and corporate planning with Scorpion Offshore Ltd., Transocean Offshore, Atwood Oceanics, and Ensco, all publicly listed companies. 

    Mr. Gallegos began his career working as a roughneck on offshore drilling rigs in the U.S. Gulf of Mexico. He is a member of the Society of Petroleum Engineers and the International Association of Drilling Contractors. He is also a veteran of the U.S. Army and holds a B.B.A. from Texas A&M University and an M.B.A. from Rice University.

    About Natural Gas Services Group, Inc. (NGS): NGS is a leading provider of natural gas compression equipment, technology, and services to the energy industry.  The Company rents, operates and maintains natural gas compressors for oil and gas production and processing facilities. In addition, the Company designs and assembles compressor units for rental to its customers and provides aftermarket services in the form of call-out services on customer-owned equipment as well as commissioning of new units for customers. NGS  is headquartered in Midland, Texas, with a fabrication facility located in Tulsa, Oklahoma, a rebuild shop located in Midland, Texas, and service facilities located in major oil and natural gas producing basins in the U.S. Additional information can be found at www.ngsgi.com.

    For More Information, Contact:
    Anna Delgado, Investor Relations
    (432) 262-2700
    ir@ngsgi.com www.ngsgi.com

    The MIL Network –

  • MIL-OSI: Ninepoint Partners Announces Second Closing of Ninepoint 2025 Flow-Through Limited Partnership

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, April 03, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2025 Flow-Through Limited Partnership (the “Partnership”) has completed the second closing in connection with its offering of Class A and Class F limited partnership units (the “Units”) pursuant to a prospectus dated January 30, 2025. The Partnership raised $15,428,900 on the sale of an additional 617,156 Units for aggregate gross proceeds of $37,005,700. The Partnership will have a third and final closing in respect of the Units on or about April 30, 2025. The Units are being offered at a price per Unit of $25.00 with a minimum subscription of 100 Units ($2,500).

    The Partnership intends to provide liquidity to limited partners through a roll-over to the Ninepoint Resource Fund Class in the period between January 15, 2027 to February 28, 2027.

    Investment Objective of the Partnership
    The Partnership’s investment objective is to achieve capital appreciation and significant tax benefits for limited partners by investing in a diversified portfolio of Flow-Through Shares (as defined in the Prospectus) and other securities, if any, of Resource Issuers (as defined in the Prospectus).

    Attractive Tax-Reduction Benefits
    Flow-through partnerships are one of the most effective tax reduction strategies available to Canadians. Ninepoint anticipates that investors participating in the Partnership will be eligible to receive a tax deduction of approximately 100% of the amount invested.

    Resource Expertise
    The Partnership will be sub-advised by Sprott Asset Management LP (“Sprott”), one of Canada’s leading investment advisors in small and mid-cap resource companies. Over its long history of investing in the resource sector, Sprott has developed relationships with hundreds of companies. Its experienced team of portfolio managers is supported by a team of technical experts with extensive backgrounds in mining and geology.

    Portfolio manager Jason Mayer will manage the portfolio of the Partnership and will be supported by Sprott’s broader team of experienced resource investment professionals.

    Agents
    The offering is being made through a syndicate of agents led by RBC Dominion Securities Inc. which includes
    CIBC World Markets Inc., TD Securities Inc., National Bank Financial Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., Manulife Wealth Inc., iA Private Wealth Inc., Raymond James Ltd., Richardson Wealth Limited, Canaccord Genuity Corp., Desjardins Securities Inc., Ventum Financial Corp. and Wellington-Altus Private Wealth Inc.

    About Ninepoint Partners LP
    Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.

    For more information on Ninepoint Partners LP, please visit www.ninepoint.com or for inquiries regarding the offering, please contact us at (416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.

    Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expects”, “intends”, “anticipates”, “will” and similar expressions to the extent that they relate to the Partnership. The forward-looking statements are not historical facts but reflect the Partnership’s, Ninepoint’s and Sprott’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Partnership, Ninepoint and Sprott believe the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Neither the Partnership, nor Ninepoint or Sprott undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

    This offering is only made by prospectus. The Partnership’s prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from one of the dealers noted above. Investors should read the prospectus before making an investment decision.

    The MIL Network –

  • MIL-OSI: Moomoo and the NY Mets Announce Strategic Partnership to Elevate Fans Experience to the Next Level

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., April 03, 2025 (GLOBE NEWSWIRE) — Moomoo, a global investment and trading platform, is proud to announce a groundbreaking partnership with the New York Mets in a multiyear multimillion-dollar sponsorship. This collaboration is set to enhance the sports experience for fans, athletes, moomoo customers and New York tri-state area communities through creative initiatives and joint efforts.

    As part of the partnership, moomoo will have both permanent and rotational signage during Mets games at CitiField including the moomoo bullpen! The New York Mets and Moomoo are teaming up to make this baseball season unforgettable! For every Mets win, $10,000 will be added to a special fund, culminating in a jaw-dropping $1 million grand prize for one lucky moomoo investor if the team reaches 100 victories. *

    Taglined as “from bullpen to bull-market, moomoo, your powerful trading platform,” moomoo’s US CEO Neil McDonald said, “We are very excited to partner with New York Mets, not only because I am a baseball fan, but also because we are committed to elevating the fan experience through various interactive games and promotions.”

    “The Mets are excited to partner with moomoo and bring a new, online trading platform to our fanbase,” said M. Scott Havens, President of Business Operations for the Mets. “As more fans become financially savvy and explore online trading, this is a great opportunity to utilize a new, user-friendly platform while also receiving select benefits for upcoming Mets games. The grand prize throughout the season, as well as moomoo Mondays, will bring another exciting element for fans to experience at the ballpark this year.”

    Anything can happen in sports. However analyzing game strategies and predicting winning outcomes add an exciting layer for fans, the same as investors evaluate market trends and make more informed decisions. “Both baseball and trading share the same thrill of combining logic with intuition to navigate uncertainty and potentially help achieve success,” said McDonald who has over 30 years of experience managing derivatives trading at several top Wall Street banks and hedge funds.

    In addition, the partnership will focus on adding to the world-class experience that Mets fans are accustomed to, we are planning special events, give-aways and meet-and-greets, many of which will be wrapped into “Moomoo Mondays”. By leveraging the strengths of both organizations, the alliance aims to deliver an unparalleled experience for Mets fans and the moomoo community.

    Given moomoo’s global presence of 25million users, this partnership will help connect global baseball fans to the New York Mets. Moomoo entered the Japan market less than two years ago, yet it has grown to 1.5 million users.

    “Together, we will drive innovation, inspire communities, and provide unforgettable experiences for sports fans,” McDonald concludes.

    *Terms and conditions apply. Limited to Moomoo Financial Inc customers residing in tri-state area (NY, NJ, CT).

    About moomoo

    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

    Founded in the US, moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    Contact:

    For more information, please visit moomoo’s official website at www.moomoo.com or contact us at pr@moomoo.com

    For the New York Mets questions, please contact:

    Katie Agostin

    Manager, Communications

    New York Mets

    kagostin@nymets.com

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/8d08f8e3-d2a0-4ddd-bbaf-07a124890af3
    https://www.globenewswire.com/NewsRoom/AttachmentNg/936a6251-e23f-4e69-a59f-ebbd917edf9d

    The MIL Network –

  • MIL-OSI: ARB IOT Group Limited Introduces AI Drone Technology to Revolutionise Plantation Management

    Source: GlobeNewswire (MIL-OSI)

    Kuala Lumpur, Malaysia, April 03, 2025 (GLOBE NEWSWIRE) — ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) has introduced its advanced AI-powered plantation mapping system which is seamlessly integrated with drone technology (“Smart AI Drone”), designed to revolutionise plantation management. This innovative technology aims to optimize the plantation mapping processes, enhance efficiency and crop yields, and boost sustainability and productivity in modern agriculture.

    Equipped with advanced imaging, artificial intelligence, and real-time data analytics, the Smart AI Drone offers a comprehensive solution for farmers and plantation owners. The new service provides capabilities such as precision mapping, crop health monitoring, pest detection, and automated spraying, ensuring optimal growth conditions and reducing resource wastage.

    “Our mission is to empower farmers with smart solutions that increase yield while promoting sustainable farming practices,” said Dato’ Sri Liew Kok Leong, CEO of ARB IOT. “With our drone technology, we are enabling plantations to make data-driven decisions that optimise resources and improve overall productivity.”

    By leveraging high-resolution aerial imaging and AI-powered analytics, the service can detect early signs of disease, nutrient deficiencies, and irrigation needs. This targeted approach minimizes environmental impact by reducing the excessive use of pesticides, fertilizers, and water.

    The Smart AI Drone is tailored for commercial plantations and farms across the country to meet the diverse needs of agricultural businesses, ensuring accessibility and affordability.

    About ARB IOT Group Limited

    ARB IOT Group Limited is a provider of complete solutions to clients for the integration of Internet of Things (IoT) systems and devices from designing to project deployment. We offer a wide range of IoT systems as well as provide customers a substantial range of services such as system integration and system support service. We deliver holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works.

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward looking statements, other than as required by applicable law.

    For further information, please contact:
    ARB IOT Group Limited
    Investor Relations Department
    Email: contact@arbiotgroup.com

    The MIL Network –

  • MIL-OSI: Credit Acceptance Celebrates Being Named No. 34 on Fortune’s 2025 100 Best Companies to Work For® List

    Source: GlobeNewswire (MIL-OSI)

    Southfield, Michigan, April 03, 2025 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the 100 Best Companies to Work For® by Great Place To Work® and Fortune magazine in 2025. We received this accolade for the eleventh time, ranking #34, up five spots from last year. 

    “Our team thrives in an award-winning culture where they love coming to work because they know they can make a difference,” said Ken Booth, Chief Executive Officer of Credit Acceptance. “We foster this environment through key cultural practices such as remote work flexibility, actively listening to feedback and implementing meaningful changes, and embracing our PRIDE values—Positive, Respectful, Insightful, Direct, and Earnest.”

    With 93% of team members agreeing that Credit Acceptance is a great place to work, the Company is continuously ranked as one of the best places to work. We remain committed to fostering an environment where every team member feels valued, respected, and empowered to thrive personally and professionally.

    Other workplace accolades we have received from Fortune include Best Workplace for Financial Services and Insurance™, Best Workplace for Millennials™, and Best Workplace for Women™. We have also been named a Top Workplaces USA Award winner, one of People Magazine’s Companies that Care®, and a Best Place to Work in IT by Computerworld, among many others.

    Great Place to Work® selected the 100 Best list by gathering and analyzing more than 1.3 million confidential survey responses representing the experiences of more than 8.4 million U.S. employees. Of those, over 670,000 responses were received from employees at eligible companies, and this list is based on that feedback. Organizations are assessed on their efforts to create generous, supportive, high-performance work experiences for every employee in the organization.

    About Credit Acceptance  

    We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.  

    Without our financing programs, consumers are often unable to purchase vehicles, or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC. For more information, visit creditacceptance.com. 

    About Great Place To Work®

    As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Its proprietary platform and Great Place To Work Model help companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified and receiving recognition on a coveted Best Workplaces™ list.

    About Fortune

    Fortune upholds a legacy of award-winning writing and trusted reporting for executives who want to make business better. Independently owned, with a global perspective and digital agility, Fortune tells the stories of a new generation of innovators, builders, and risk-takers. Online and in print, Fortune measures corporate performance through rigorous benchmarks and holds companies accountable. Fortune creates communities by convening true thought leaders and iconoclasts — those who shape industry, commerce, and society — through powerful and prestigious lists, events, and conferences, such as the iconic Fortune 500, the CEO Initiative, and Most Powerful Women.

    The MIL Network –

  • MIL-OSI: PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 03, 2025 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2025 on Monday, May 12, 2025 after the close of the financial markets.

    The Company will also host a conference call at 12:00 p.m. (Eastern Time) on Tuesday, May 13, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #1509093 or PennantPark Investment Corporation. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.

    ABOUT PENNANTPARK INVESTMENT CORPORATION

    PennantPark Investment Corporation is a business development company which principally invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing $9.8 billion of investable capital, including potential leverage.  Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions.  PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    CONTACT:
    Richard T. Allorto, Jr.
    PennantPark Investment Corporation
    (212) 905-1000
    www.pennantpark.com

    The MIL Network –

  • MIL-OSI: Portman Ridge Finance Corporation Schedules First Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after market close. The Company will host a conference call on Friday, May 9, 2025, at 10:00 a.m. ET to discuss these results.

    By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9782758.

    A replay of this conference call will be available shortly after the live call through May 16, 2025.

    By Webcast: A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at https://edge.media-server.com/mmc/p/ovseyk3q. The online archive of the webcast will be available on the Company’s website shortly after the call at www.portmanridge.com in the Investor Relations section under Events and Presentations.

    About Portman Ridge Finance Corporation

    Portman Ridge Finance Corporation (Nasdaq: PTMN) is a publicly traded, externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Portman Ridge’s middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. Portman Ridge’s investment activities are managed by its investment adviser, Sierra Crest Investment Management LLC, an affiliate of BC Partners Advisors, LP.

    Portman Ridge’s filings with the Securities and Exchange Commission (the “SEC”), earnings releases, press releases and other financial, operational and governance information are available on the Company’s website at www.portmanridge.com.

    Contacts:
    Portman Ridge Finance Corporation
    650 Madison Avenue, 3rd floor
    New York, NY 10022
    info@portmanridge.com

    Brandon Satoren
    Chief Financial Officer
    Brandon.Satoren@bcpartners.com
    (212) 891-2880

    The Equity Group Inc.
    Lena Cati
    lcati@equityny.com
    (212) 836-9611

    The Equity Group Inc.
    Val Ferraro
    vferraro@equityny.com
    (212) 836-9633

    The MIL Network –

  • MIL-OSI: PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 03, 2025 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) announced that it will report results for the second fiscal quarter ended March 31, 2025 on Monday, May 12, 2025 after the close of the financial markets.

    The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Tuesday, May 13, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (929) 477-0402. All callers should reference conference ID #6661250 or PennantPark Floating Rate Capital Ltd. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.

    ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD.

    PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing $9.8 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions.  PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    CONTACT:

    Richard T. Allorto, Jr.
    PennantPark Floating Rate Capital Ltd.
    (212) 905-1000
    www.pennantpark.com

    The MIL Network –

  • MIL-OSI: Rigetti Computing Selected to Participate in DARPA’s Quantum Benchmarking Initiative

    Source: GlobeNewswire (MIL-OSI)

    BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). The primary goal of QBI is to determine if any approach to quantum computing can achieve utility-scale operation by 2033. QBI will use a multi-stage approach, Stages A, B, and C, to assess the proposed concepts, with each stage representing an increased level of scrutiny. Rigetti will advance to Stage A, a 6-month performance period focused on the Company’s utility-scale quantum computer concept worth up to $1 million upon completion of program milestones.

    Rigetti’s proposed concept to design and build a Utility-Scale Quantum Computer (USQC) combines the Company’s proprietary multi-chip architecture with scalable quantum error correction (QEC) codes. Rigetti’s long-time partner and leader in QEC technology, Riverlane, will be collaborating on this project and bringing their expertise to help refine the proposed USQC concept and validate the underlying technology.

    DARPA defines a USQC as a system whose computational value exceeds its costs. The dominant factors in the scalability and speed of a USQC are the physical qubit architecture and QEC code. A common QEC technique is surface code, which is embedded onto square lattices of superconducting qubits and requires a significant number of physical qubits. Rigetti’s concept will leverage Quantum Low Density Parity Check (qLDPC) codes, which do not require as high of a physical qubit overhead, making them a more efficient QEC technique for scaling towards fault-tolerant systems.

    “Rigetti has spent the last decade developing the IP and expertise needed to build and deliver high-performing quantum computers. The DARPA QBI sets out to prove a realistic path to quantum utility, which we believe we are well positioned to deliver,” says Dr. Subodh Kulkarni, Rigetti CEO. “The DARPA QBI program is closely aligned with Rigetti’s technology roadmap, which includes building out our QEC capabilities and developing fault-tolerant architectures.”

    Rigetti’s quantum computers are based on superconducting qubits, which are a leading modality due to their fast gate speeds and the ability to leverage well-established semiconductor manufacturing techniques. The Company has made several breakthroughs in the superconducting qubit industry that will be the backbone of its roadmap to higher qubit count systems. This includes a novel chip fabrication technique — Alternating Bias Assisted Annealing (ABAA) — that enables precise qubit frequency targeting, and innovative multi-chip architecture technology. In recent years Rigetti has deployed quantum systems that leverage vertical I/O, multiple layers of signal lines, and the ability to connect qubits on separate chips with high fidelity.

    “Both the performance of our currently deployed 84-qubit Ankaa-3 system at 99.0% ISWAP gate fidelity, and our bold roadmap taking us to 100+ qubits with a 2x reduction in error rates along with qLDPC code puts us in a strong position to to meet DARPA’s 2033 target,” says David Rivas, Rigetti CTO.

    Rigetti’s strategy to achieve a USQC focuses on implementing an efficiently-scaling qLDPC code in hardware. This will deliver the best of both worlds: the fastest quantum computing modality running the most efficient codes, natively. Rigetti plans to combine these technologies and manufacture quantum integrated circuits capable of natively running qLDPC codes, and reach the high qubit counts and performance metrics needed for utility-scale applications.

    About Rigetti
    Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti’s 9-qubit Novera™ QPU was introduced in 2023 supporting a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer’s existing cryogenic and control systems. The Company’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at www.rigetti.com.

    Rigetti Computing Media Contact:
    press@rigetti.com

    Cautionary Language and Forward-Looking Statements

    Certain statements in this communication may be considered “forward-looking statements” within the meaning of the federal securities laws, including but not limited to, expectations with respect to the Company’s business and operations, including its expectations with respect to quantum computing achieving utility-scale operation by 2033, obtaining the full $1 million dollars of value from Stage A of the QBI award, expectations related to the QBI award to deliver a utility-scale quantum computer to DARPA, expectations related to QBI award to work with Riverlane, expectations related to the feasibility of combining Rigetti’s proprietary multi-chip architecture with scalable quantum error correction (QEC) codes, expectations related to the collaboration between Rigetti and Riverlane to refine the proposed Utility-Scale Quantum Computer concept, belief that Rigetti’s IP and expertise positions Rigetti to deliver on the QBI program, belief that Quantum Low Density Parity Check (qLDPC) codes are a more efficient QEC technique for scaling towards fault-tolerant systems, belief that the Rigetti’s ABAA technique and multi-chip architecture technology will be result in higher qubit count systems, expectations for Rigetti’s roadmap, such as 100+ qubits with a 2x reduction in error rates, and the roadmap putting Rigetti in position to meet DARPA’s 2033 target. Forward-looking statements generally relate to future events and can be identified by terminology such as “commit,” “may,” “should,” “could,” “might,” “plan,” “possible,” “intend,” “strive,” “expect,” “intend,” “will,” “estimate,” “believe,” “predict,” “potential,” “pursue,” “aim,” “goal,” “outlook,” “anticipate,” “assume,” or “continue,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Rigetti and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: Rigetti’s ability to achieve milestones, technological advancements, including with respect to its roadmap, help unlock quantum computing, and develop practical applications; the ability of Rigetti to complete ongoing negotiations with government contractors successfully and in a timely manner; the potential of quantum computing; the ability of Rigetti to obtain government contracts and the availability of government funding; the success of Rigetti’s partnerships and collaborations; Rigetti’s ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against Rigetti or others; the ability to continue to meet stock exchange listing standards; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that Rigetti may be adversely affected by other economic, business, or competitive factors; Rigetti’s estimates of expenses and profitability; the evolution of the markets in which Rigetti competes; the ability of Rigetti to execute on its technology roadmap; the ability of Rigetti to implement its strategic initiatives, expansion plans and continue to innovate its existing services; disruptions in banking systems, increased costs, international trade relations, political turmoil, natural catastrophes, warfare, and terrorist attacks; and other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.

    The MIL Network –

  • MIL-OSI: Logan Ridge Finance Corporation Schedules First Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) — Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after market close. The Company will host a conference call on Friday, May 9, 2025, at 11:00 a.m. ET to discuss these results.

    By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 8145997.

    A replay of this conference call will be available shortly after the live call through May 16, 2025.

    By Webcast: A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis at https://edge.media-server.com/mmc/p/gfza9jq4. The online archive of the webcast will be available on the Company’s website shortly after the call at www.loganridgefinance.com in the Investor Resources section under Events and Presentations.

    About Logan Ridge Finance Corporation

    Logan Ridge Finance Corporation (Nasdaq: LRFC) is a publicly traded, externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Logan Ridge invests primarily in first lien loans and, to a lesser extent, second lien loans and equity securities issued by lower middle market companies. Logan Ridge Finance Corporation is externally managed by Mount Logan Management, LLC, a wholly owned subsidiary of Mount Logan Capital Inc. Both Mount Logan Management, LLC and Mount Logan Capital Inc. are affiliates of BC Partners Advisors L.P.

    Logan Ridge’s filings with the Securities and Exchange Commission (the “SEC”), earnings releases, press releases and other financial, operational and governance information are available on the Company’s website at loganridgefinance.com.

    Contacts:
    Logan Ridge Finance Corporation
    650 Madison Avenue, 3rd floor
    New York, NY 10022

    Brandon Satoren
    Chief Financial Officer
    Brandon.Satoren@bcpartners.com
    (212) 891-2880

    The Equity Group Inc.
    Lena Cati
    lcati@equityny.com
    (212) 836-9611

    The Equity Group Inc.
    Val Ferraro
    vferraro@equityny.com
    (212) 836-9633

    The MIL Network –

  • MIL-OSI: WTW to Announce First Quarter Earnings on April 24, 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, April 03, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, will announce its financial results for the first quarter on Thursday, April 24, 2025 before the market opens.

    The company will host a conference call to discuss its financial results at 9:00 a.m. Eastern Time on Thursday, April 24, 2025. A live broadcast of the conference call will be available on WTW’s website here. The conference call will include a question-and-answer session. To participate in the question-and-answer session, please register here.

    An online replay will be available at www.wtwco.com shortly after the call concludes.

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    CONTACT

    INVESTORS
    Claudia De La Hoz | claudia.delahoz@wtwco.com

    The MIL Network –

  • MIL-OSI: Digital Wealth Partners Enables Access to Custody Support for Stellar Lumens (XLM)

    Source: GlobeNewswire (MIL-OSI)

    Dallas, Texas , April 03, 2025 (GLOBE NEWSWIRE) — Digital Wealth Partners is pleased to announce that clients can now access custody support for Stellar Lumens (XLM) through its relationship with Anchorage Digital, a federally chartered crypto bank and leading regulated digital asset platform.

    Digital Wealth Partners Enables Access to Custody Support for Stellar Lumens (XLM)

    This enhancement builds on Digital Wealth Partners’ commitment to providing clients with access to secure, compliant custody solutions for a wide range of digital assets, including Bitcoin, Ethereum, XRP, Avalanche, and more.

    “Expanding access to Stellar Lumens reflects our ongoing efforts to support clients as they navigate the evolving digital asset landscape,” said Max Kahn, Chief Compliance Officer of Digital Wealth Partners. “While our firm does not custody assets directly, we work with industry-leading custodians like Anchorage Digital to ensure clients have secure, regulatory-compliant options.”

    Through its partnership with Anchorage Digital, Digital Wealth Partners connects clients to institutional-grade custody infrastructure, offering protections such as insurance coverage and bankruptcy-remote safeguards.

    For more information about how Digital Wealth Partners supports clients in digital assets, visit www.digitalwealthpartners.net.

    This communication is for informational purposes only and does not constitute investment, legal, or tax advice. Digital Wealth Partners is a registered investment advisor. All investments involve risk, including the possible loss of principal. Past performance is not indicative of future results. Clients should consult their financial and tax advisors before making any investment decisions.

    Max Kahn, CCO – 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: Míla Holding hf. announces Consolidated Condensed Annual Financial Statements for the year ended 31 December 2024

    Source: GlobeNewswire (MIL-OSI)

    Míla Holding hf.
    Storhofdi 22-30,
    110 Reykjavik,
    Iceland

    Míla Holding hf. announces Consolidated Condensed Annual Financial Statements for the year ended 31 December 2024

    Consolidated condensed annual financial statements, for the year 2024, ended 31 December 2024 of Míla Holding hf. were approved at a Board of Directors meeting and Annual General Meeting on 3 April 2025.

    The financial statements are enclosed and can also be found on the Company’s website:
    https://www.mila.is/um-milu/fjarmal/

    For more information please contact:
    Inga Helga Halldórudóttir
    Compliance officer
    Míla Holding hf.
    ingah@mila.is

    Attachment

    The MIL Network –

  • MIL-OSI: Legrand Unveils 2025-2027 Global CSR Roadmap – Commitment to Sustainability and Innovation Continues History of Positive Impact in North America

    Source: GlobeNewswire (MIL-OSI)

    WEST HARTFORD, Conn., April 03, 2025 (GLOBE NEWSWIRE) — Legrand®, a global specialist in electrical and digital building infrastructures, announced its sixth consecutive global Corporate Social Responsibility (CSR) Roadmap, outlining aspirational goals for 2025-2027. Building on two decades of CSR progress, Legrand, North & Central America is driving positive change and reinforcing its commitment to a more sustainable and socially responsible future.

    “How we work is just as important as what we work on,” said Brian DiBella, President and CEO, Legrand, North and Central America. “Our vision of ‘improving lives’ includes building a sustainable future for all. The CSR Roadmap showcases our global commitment to leading by example and driving meaningful impact across our operations and value chain. The achievements we are seeing in our region are the result of countless, dedicated team members all working together toward a common goal of improving lives.”

    Below are examples of Legrand’s 2025-2027 CSR Roadmap goals, which support long-term CSR goals:

    • Mitigating Climate Change: Reduce the Legrand Group’s scope 1 and 2 emissions by 10% by 2027 as compared to 2024, and reduce CO2 emissions from our supplier’s operations by an average of 30%, representing 70% of emissions related to purchased goods.
    • Developing a More Circular Economy: By 2027, 50% of new and redesigned projects shall meet Legrand’s Eco-Design index criteria, 37% of sustainable materials to be used in products manufactured by the Group, and primary plastic packaging in manufactured products to be reduced by 80% by weight.
    • Serving our Customers: By 2027, enable our customers to avoid 20 million tons of CO2 emissions through our energy-efficient products.
    • Being a Responsible Business: By 2027, 90% of Legrand employees will meet training requirements, reduce workplace accidents by 20% compared to 2024, and ensure 100% of its key suppliers comply with human rights standards and ethics policies.
    • Promoting Inclusion: By 2027, Legrand has an aspirational goal to expand its GEEIS-Diversity certification and support the next generation of employees in the industry.

    These goals build upon Legrand’s significant achievements in recent years and position the company for success to achieve its 2030 aspirations. The company holds a “Gold” sustainability rating from EcoVadis, placing it in the top 5% of over 150,000 evaluated companies, and an “A” rating for its climate commitment from the CDP, formerly known as the Carbon Disclosure Project.

    Additional recent accomplishments in North America include:

    • Supplier Commitments: Legrand secured commitments from 139 suppliers to reduce their CO2 emissions by 30% by 2030, totaling a reduction of 157,728 kilotons of carbon emissions. This equals the electricity use of 32,870 homes in a year.
    • Renewable Energy: 89% of corporate electricity comes from renewable sources and is part of the RE100 initiative, which pledges to achieve 100% renewable electricity by 2030.
    • Product Transparency: Legrand published transparency documents for more than 70% of its product sales, including Environmental Product Declarations (EPDs), Health Product Declarations (HPDs), and Declare Labels.
    • Community Engagement: Since 2014, as part of Legrand, North & Central America’s Better Communities volunteer and philanthropy program, employees have generously volunteered nearly 20,000 hours in North America. Together, Legrand and its employees have pledged more than $3 million in funding and $18 million worth of Legrand products to numerous non-profit organizations.
    • Recycled Materials: As part of its ongoing efforts to increase the amount of recycled content in its products, in 2024 Legrand’s best-selling wire mesh cable tray was made from 97% recycled materials and is 100% recyclable. This product is used in data centers, commercial and industrial buildings to efficiently organize and route cables.

    “We’ve made significant progress reducing energy use, advancing renewable energy, designing innovative products that have more recycled content, and tying employee and executive compensation to meeting CSR goals,” said Ratish Namboothiry, Vice President of Sustainability and CSR, Legrand, North & Central America. “We’re building on this momentum and continue to advance our efforts, leveraging the latest advancements in technology and innovation with a goal of integrating sustainability considerations across our products, operations, and supply chain design.”

    About Legrand and Legrand, North and Central America
    Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for residential, commercial, and data center markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing a strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings that include products with enhanced value in use (energy and digital transition solutions: datacenters, digital lifestyles and energy transition offerings). Legrand reported sales of €8.6 billion in 2024. The company is listed on Euronext Paris and is a component stock of the CAC 40, CAC 40 ESG and CAC SBT 1.5 indexes. (code ISIN FR0010307819). https://www.legrand.us/

    Media Contact:    
    Glen Gracia 339.499.8680 glen.gracia@legrand.us

    The MIL Network –

  • MIL-OSI: Innovation drives wealth growth: JA Mining cloud mining allows you to easily grasp the future

    Source: GlobeNewswire (MIL-OSI)

    Warwick, April 03, 2025 (GLOBE NEWSWIRE) — Have you ever thought about making wealth growth easy and efficient? Today, this is no longer a distant dream. Say goodbye to the complexity and limitations of traditional investment, choose a smarter way, let your wealth automatically create value for you, and open up a new future!

    JA Mining combines cutting-edge technology and mining resources, operates under the strict supervision of the UK Financial Conduct Authority (FCA), and provides global investors with a safe, transparent and efficient income experience. Whether you are an experienced investor or a novice trying it for the first time, you can find your way to wealth growth in JA Mining and create the possibility of $100,000.

    Subverting tradition: making mining within reach

    In the past, cryptocurrency mining was a high-threshold field. Expensive equipment, complex technology and high costs discouraged many people. JA Mining’s cloud mining service has completely changed all this.

    Just register an account, choose an investment plan that suits you, and you can easily start making money. No expensive equipment or professional technical support is required. Whether you are busy working, taking a leisurely vacation or enjoying life, wealth can be accumulated automatically for you.

    How does JA Mining meet your needs?

    1. Easy to operate and start

    Get rid of the cumbersome steps, JA Mining makes mining easier than ever. It only takes a few minutes to register, and you can get a $100 reward immediately, and quickly start your wealth journey!

    2. Flexible plans to meet different needs

    Whether you are a novice or a senior investor, JA Mining provides a variety of investment options to meet your financial goals and risk preferences:

    · Basic cloud computing plan: invest $200, contract period 2 days, potential profit $214

    · Classic cloud computing plan: invest $500, contract period 3 days, potential profit $527

    · Advanced cloud computing plan: invest $1000, contract period 5 days, potential profit $1095

    · Super cloud computing plan: invest $5800, contract period 14 days, potential profit $7424

    3. Real-time income, transparent and visible

    The strict supervision of the UK Financial Conduct Authority (FCA) ensures that every investment is safe and reliable. Through the platform, you can track daily income in real time and enjoy a transparent investment experience.

    4. Wealth sharing, win-win cooperation

    JA Mining not only helps you make money, but also allows you to share success with friends. Invite friends to join, not only can you get up to 7% commission, but also work with them to create a mutual help and win-win wealth circle.

    5. Combine investment with environmental protection

    Through JA Mining’s innovative technology, your wealth growth is no longer at the expense of the environment. The low-energy green solution makes every investment a choice to support sustainable development, while realizing the dual value of individuals and society.

    How does JA Mining change your life?

    No more running around for wages, and no need to worry about a single source of income. Through JA Mining, your wealth can grow quietly in the background without spending extra energy. It is suitable for everyone who is eager to change the status quo, whether it is working hard in the workplace or exploring entrepreneurship, you can find your own wealth path.

    There is no complicated operation here. JA Mining makes investment as natural as breathing, making dreams within reach.

    Join JA Mining and open a new chapter of wealth!

    Mining investment is no longer the exclusive domain of a few people. JA Mining uses an innovative cloud mining model to give everyone the opportunity to participate. A safe, transparent and flexible investment solution that maximizes the value of every penny you spend.

    Join us now and become a member of JA Mining! From today on, let wealth work for you, instead of you running for wealth. The future belongs to those who do. Join JA Mining and master your wealth code!

    Official website: https://jamining.com/


    Contact email: info@jamining.com

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: BloFin Powers Up Platform Efficiency with Unified Trading Account Expansion

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, April 03, 2025 (GLOBE NEWSWIRE) — BloFin is a global crypto trading platform built with a user-first mindset. It offers professional-grade trading tools, a seamless product experience, and a secure trading environment. BloFin is now enhancing its trading infrastructure with the platform-wide expansion of Unified Trading Account Mode. This strategic upgrade merges spot and futures trading into a streamlined structure. This marks a significant leap in trading efficiency, offering users a unified interface and a consolidated margin system for managing all market positions.

    Unified Trading Account Mode is now fully available for all sub-accounts. It allows users to trade spot and futures markets seamlessly, without switching between different account types or interfaces. This results in simplified asset management, faster trade execution, and enhanced control over trading activities. Moreover, the new Cross-Currency Margin Mode is currently in grey release and will be gradually rolled out to more users. This gradual transition will allow users to adapt smoothly while maintaining their trading habits and interface preferences. This move reflects BloFin’s long-term vision to build a secure, scalable, and user-focused trading environment that meets the evolving needs of both beginners and experienced futures traders.

    March–April Upgrades: BloFin Enhanced Unified Trading, Smarter Margin Mechanism, Strategy-Based Copy Bot, and Advanced Grid Trading for Perpetuals

    In March, BloFin upgraded its Unified Trading Interface to support seamless interaction between spot and perpetual, and optimized the Cross-Collateral Margin Formula for better capital efficiency. April saw the launch of Copy Bot for strategy-based copy trading and Perpetual Grid Trading for automated derivatives strategies. BloFin remains committed to continuous infrastructure upgrades and delivering an institutional-grade trading experience for advanced users.

    Learn more about Unified Mode and how to activate it within your sub-accounts on BloFin: https://support.blofin.com/hc/en-us/articles/11050152535311-Terms-of-Use-for-Unified-Trading-Account

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    About BloFin

    ​BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 460+ USDT-M perpetual pairs, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. ​As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website at https://www.blofin.com.

    Contact 
    Annio W.
    annio@blofin.io

    Disclaimer: This press release is provided by BloFin. 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. 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. 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.Speculate only with funds that you can afford to lose.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 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/74946fcc-d32c-473b-89e3-fee2cc45e061

    The MIL Network –

  • MIL-OSI: Topline Financial Credit Union Promotes Alan Sonnenburg to Exectuive Vice President and Chief Revenue Officer

    Source: GlobeNewswire (MIL-OSI)

    MAPLE GROVE, Minn., April 03, 2025 (GLOBE NEWSWIRE) — TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has promoted Alan Sonnenburg to Executive Vice President and Chief Revenue Officer effective March 31, 2025.

    Sonnenburg joined TopLine in 2018 as the credit union’s Senior Vice President of Lending and Chief lending Officer, with more than 34 years of experience in the financial services industry. During his tenure at TopLine, Alan has been responsible for overseeing consumer lending, loan servicing and underwriting, indirect lending, mortgage services, business services, collections and training teams, and in his expanded role he will add retail branching and operation teams.

    “Alan is a highly talented financial services executive, and this is a well-deserved promotion,” said Mick Olson, President and CEO, TopLine Financial Credit Union. “He played a pivotal role in our 2019 technology conversions, improving and managing our lending operations, strategic planning, and currently assisting with merger activities with Anoka Hennepin Credit Union. His extensive industry experience, knowledge and collaborative approach will allow him to successfully take on this expanded role.”
    Alan is an active participant with the Credit Union Lending Council. He has served in various council roles within his local church; served as treasurer for a student group at Eastview High School, and had various leadership positions within youth sports for Eastview Athletic Association. Alan earned his Bachelor of Science degree from Minnesota State University, Mankato.

    TopLine Financial Credit Union, a Twin Cities-based credit union, is Minnesota’s 9th largest credit union, with assets of over $1.1 billion and serves over 70,000 members. Established in 1935, the not-for-profit financial cooperative offers a complete line of financial services from its ten branch locations — in Bloomington, Brooklyn Park, Champlin, Circle Pines, Coon Rapids, Forest Lake, Maple Grove, Plymouth, St. Francis and in St. Paul’s Como Park — as well as by phone and online at www.TopLinecu.com. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Benton, Carver, Chisago, Dakota, Hennepin, Isanti, Kanabec, Mille Lacs, Pine, Ramsey, Scott, Sherburne, Washington and Wright counties in Minnesota and their immediate family members, as well as employees and retirees of Anoka Hennepin School District #11, Anoka Technical College, Federal Premium Ammunition, Hoffman Enclosures, Inc., GRACO, Inc., and their subsidiaries. Visit us on our Facebook or Instagram. To learn more about the credit union’s foundation, visit www.TopLinecu.com/Foundation.

    CONTACT:
    Vicki Roscoe Erickson
    Senior Vice President and Chief Marketing Officer
    TopLine Financial Credit Union
    verickson@toplinecu.com
    763.391.0872

    A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/c11b6164-a5c8-433a-b220-cb00707b606e

    The MIL Network –