Category: GlobeNewswire

  • MIL-OSI: ETH bull market is coming, GoldenMining launches ETH contract to release $8,700 per day

    Source: GlobeNewswire (MIL-OSI)

    London, England, July 19, 2025 (GLOBE NEWSWIRE) — Recently, the price of Ethereum (ETH) broke through an important pressure point and reached a high of $3,660. The market generally expects that it will reach $6,500 by the end of the year, an increase of 160%. ETH pledge is growing rapidly, Layer2 applications are strong, and the continuous influx of funds from spot ETFs makes it one of the most stable and most watched assets in the current market.

    Most investors just hold ETH, BTC or XRP, hoping that the price will rise-while dealing with market volatility and uncertain regulation. But the real question is whether to continue holding, cashing out, or looking for a smarter and more balanced strategy? GoldenMining provides another path for this.

    At GoldenMining, users can turn their assets into a continuous source of income by signing ETH cloud mining contracts. There is no need to configure any hardware, and there is no need to worry about price fluctuations during transactions. As long as you participate in the contract, you can get a stable daily income as the value of ETH rises.

    What is the ETH cloud mining contract?

    The ETH cloud mining contract allows users to directly purchase cloud mining services with ETH, without having to purchase mining machines or deal with maintenance issues. After signing the contract, the GoldenMining platform will run the mining business on behalf of users, and users will automatically receive income on a daily basis. This means that you can easily participate in ETH mining and enjoy the benefits of mining without complex operations or knowledge thresholds.

    Investor ETH contract recommendation

    contract Investment Amount Contract Rewards Total income
    New User Experience $15 $0.60 $15.60
    Elphapex DG1+ $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3276 $11076
    Elphapex DG2 $12,000 $8,100.00 $20,100.00

    How to participate in the ETH cloud mining contract

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test the ETH cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you for investment

    Users can recharge ETH to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Afterwards, users can choose an ETH contract that suits their needs (such as 5 days, 12 days or longer periods), with flexible amounts and terms.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and income can be generated within 24 hours
    Can be withdrawn or reinvested at any time,

    The user’s funds are securely stored in a first-tier bank, and all user personal information is protected by SSL encryption. The platform provides insurance for each investment, which is underwritten by AIG Insurance Company to ensure the safety of user funds.

    Amid market fluctuations and changing policies, more and more investors are realizing that simply holding positions and watching is no longer enough to cope with the current market rhythm. The ETH cloud mining contract provided by GoldenMining provides users with a more robust way to participate – allowing the assets in their hands to not only have the potential for long-term growth, but also have the ability to bring substantial benefits every day.

    This is not only a change in investment methods, but also an advance response to the future market structure. As the ETH market continues to heat up, it is better to take the initiative to participate rather than wait. For far-sighted investors, now is the critical moment to enter this contract mechanism and steadily accumulate profits.

    (Special statement: Due to the recent bull market trend in the crypto market. GoldenMining contracts have made good profits. Special thanks to global investors for their support. In order to give back to investors, GoldenMining launched a limited-time gift of )
    For more information, please visit the official website:www.Goldenmining.com

    For business cooperation, please contact the official email:info@Goldenmining.com

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

    The MIL Network

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of $2 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, July 18, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the closing of its previously announced public offering of an aggregate of 13,333,334 shares of its common stock, together with Series A-1 warrants to purchase up to 13,333,334 shares of common stock and Series A-2 warrants to purchase up to 13,333,334 shares of common stock, at a combined public offering price of $0.15 per share and accompanying warrants. The Series A-1 warrants and the Series A-2 warrants have an exercise price of $0.15 per share and will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares upon exercise of the warrants. The Series A-1 warrants will expire five years from the date of stockholder approval and the Series A-2 warrants will expire twenty-four months from the date of stockholder approval.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    The gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses payable by the Company, were approximately $2 million. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include repayment of debt, future acquisitions, capital expenditures and the purchase of cryptocurrencies in accordance with the Company’s cryptocurrency investment policy.

    The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-288571), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 16, 2025. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

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

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to regain and sustain compliance with the Nasdaq Capital Market’s continued listing standards and remain listed on the Nasdaq Capital Market; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of $2 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, July 18, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the closing of its previously announced public offering of an aggregate of 13,333,334 shares of its common stock, together with Series A-1 warrants to purchase up to 13,333,334 shares of common stock and Series A-2 warrants to purchase up to 13,333,334 shares of common stock, at a combined public offering price of $0.15 per share and accompanying warrants. The Series A-1 warrants and the Series A-2 warrants have an exercise price of $0.15 per share and will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares upon exercise of the warrants. The Series A-1 warrants will expire five years from the date of stockholder approval and the Series A-2 warrants will expire twenty-four months from the date of stockholder approval.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    The gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses payable by the Company, were approximately $2 million. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include repayment of debt, future acquisitions, capital expenditures and the purchase of cryptocurrencies in accordance with the Company’s cryptocurrency investment policy.

    The securities described above were offered pursuant to a registration statement on Form S-1 (File No. 333-288571), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 16, 2025. The offering was made only by means of a prospectus forming part of the effective registration statement relating to the offering. A final prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

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

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to regain and sustain compliance with the Nasdaq Capital Market’s continued listing standards and remain listed on the Nasdaq Capital Market; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network

  • MIL-OSI: Origin Investment Corp I Announces Full Exercise and Closing of the Over-Allotment Option in Connection with its Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Singapore, July 18, 2025 (GLOBE NEWSWIRE) — Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced that, the underwriters of its recently completed initial public offering of units, which closed on July 3, 2025, have exercised in full their option to purchase an additional 900,000 units. The additional units were sold at a price to the public of $10.00, before underwriting discounts. The issuance and sale of these additional units closed today.

    ThinkEquity acted as the sole book-running manager for the offering.

    A registration statement on Form S-1 (File No. 333-284189) relating to the units was filed with the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. This offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.

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

    About Origin Investment Corp I

    The Company is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While the Company will not limit its search for a target company to any particular business segment, the Company intends to focus its search for a target business in Asia. However, the Company will not consummate its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure.

    Contact:
    Edward Chang, CEO
    +65 7825-5768
    eychang@originequity.partners

    The MIL Network

  • MIL-OSI: Origin Investment Corp I Announces Full Exercise and Closing of the Over-Allotment Option in Connection with its Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Singapore, July 18, 2025 (GLOBE NEWSWIRE) — Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced that, the underwriters of its recently completed initial public offering of units, which closed on July 3, 2025, have exercised in full their option to purchase an additional 900,000 units. The additional units were sold at a price to the public of $10.00, before underwriting discounts. The issuance and sale of these additional units closed today.

    ThinkEquity acted as the sole book-running manager for the offering.

    A registration statement on Form S-1 (File No. 333-284189) relating to the units was filed with the Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. This offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004. The final prospectus has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.

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

    About Origin Investment Corp I

    The Company is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While the Company will not limit its search for a target company to any particular business segment, the Company intends to focus its search for a target business in Asia. However, the Company will not consummate its initial business combination with an entity or business in China or with China operations consolidated through a variable interest entity structure.

    Contact:
    Edward Chang, CEO
    +65 7825-5768
    eychang@originequity.partners

    The MIL Network

  • MIL-OSI: Beneficient Receives Nasdaq Listing Determination

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, July 18, 2025 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today announced that on July 16, 2025, the Company was notified by The Nasdaq Stock Market LLC (“Nasdaq”) that, due to its continued non-compliance with the minimum $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and the delay in the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025 with the Securities and Exchange Commission, in contravention of Nasdaq’s periodic reporting requirement set forth in Nasdaq Listing Rule 5250(c)(1), the Company’s securities were subject to delisting unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”).

    The Company plans to timely request a hearing and a stay of any suspension action by Nasdaq at least pending the ultimate outcome of the hearing process and the expiration of any extension period that may be granted to the Company following the hearing. At the hearing, the Company will present its plan to evidence compliance with all applicable criteria for continued listing on The Nasdaq Capital Market and request an extension of time to do so. While the Company is taking definitive steps to evidence compliance with the applicable listing criteria as soon as practicable, there can be no assurance that the Panel will grant the Company’s request for continued listing on Nasdaq.

    About Beneficient

    Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuote® tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment.

    Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner. 

    For more information, visit www.trustben.com or follow us on LinkedIn.

    Contacts

    Matt Kreps: 214-597-8200, mkreps@darrowir.com
    Michael Wetherington: 214-284-1199, mwetherington@darrowir.com
    Investor Relations: investors@beneficient.com

    Forward Looking Statements

    This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the listing and trading of the Company’s securities on Nasdaq, the Company’s intention to request a hearing from the Nasdaq hearing panel and the Company’s intention to regain compliance with the Nasdaq Listing Rules. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others, our plans to appeal Nasdaq’s delisting determination; the outcome of any hearing we might request; our ability to cure any deficiencies in compliance with the Nasdaq Listing Rules; risks related to the substantial costs and diversion of management’s attention and resources due to these matters and the risks, uncertainties, and factors set forth under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and its subsequently filed Quarterly Reports on Form 10-Q and the risks and uncertainties contained in the Company’s Current Reports on Form 8-K. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.

    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, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network

  • MIL-OSI: Oak Valley Bancorp Reports 2nd Quarter Results and Announces Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    OAKDALE, Calif., July 18, 2025 (GLOBE NEWSWIRE) — Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2025, consolidated net income was $5,588,000, or $0.67 per diluted share (EPS), as compared to $5,297,000, or $0.64 EPS, for the prior quarter and $5,889,000, or $0.71 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2025 was $10,885,000, or $1.31 EPS, compared to $11,616,000 or $1.41 EPS for the same period of 2024.

    The increase in second quarter net income compared to the prior quarter was the result of loan growth, a rise in the yield of the loan portfolio, and the corresponding increase in interest income. The QTD and YTD decreases compared to the same periods of 2024 were related to an increase in deposit interest expense and general operating expenses.

    Net interest income for the three-months ended June 30, 2025 was $18,154,000, compared to $17,807,000 in the prior quarter, and $17,292,000 in the same period a year ago. The increase in net interest income over the prior periods is attributed to an increase in average earning asset balances and loan yields. Gross loans grew by $18,903,000 and $39,820,000 during the second quarter and prior twelve months, respectively, while loans yields continue to trend upward. The cost of funds increased throughout 2024, but began to decline during the first six months of 2025, ending at 0.77% during the second quarter of 2025, as compared to 0.79% for the prior quarter, and 0.73% for the same period of 2024. Net interest margin for the three months ended June 30, 2025 was 4.11%, compared to 4.09% for the prior quarter and 4.11% for the same period last year.

    “Our solid earnings results reflect our steady and cautious approach to managing our business. The increase in net interest income due to loan growth and stable interest margins demonstrates our ability to navigate changing market conditions. Our commitment to relationship-based deposit growth remains strong, enabling us to maintain a competitive lending strategy and manage profitability,” stated Rick McCarty, President and Chief Operating Officer.

    Non-interest income was $1,703,000 for the three-months ended June 30, 2025, compared to $1,613,000 for the prior quarter and $1,760,000 for the same period last year. The increase over the prior period was mainly due to fair value adjustments on a limited partner equity investment and increased production from our investment advisory service and related fee income. The decrease compared to the same period a year ago was the result of the same investment advisory service fee income.

    Non-interest expense totaled $12,688,000 for the three-months ended June 30, 2025, compared to $12,624,000 in the prior quarter and $11,616,000 in the same quarter a year ago. The increases compared to prior periods are due to general operating costs related to servicing the growing loan and deposit portfolios.

    Total assets were $1.92 billion at June 30, 2025, a decrease of $3.5 million from March 31, 2025 and an increase of $80.4 million over June 30, 2024. Gross loans were $1.11 billion at June 30, 2025, an increase of $18.9 million over March 31, 2025 and $39.8 million over June 30, 2024. The Company’s total deposits were $1.71 billion as of June 30, 2025, a decrease of $2.4 million from March 31, 2025 and an increase of $66.5 million over June 30, 2024. Our liquidity position remains strong, as evidenced by $198.9 million in cash and cash equivalents balances at June 30, 2025.

    “We are pleased with the continued expansion of our loan portfolio and the overall strength of our balance sheet. While deposits declined marginally from the previous quarter, our year-over-year deposit trajectory remains on an upward trend,” stated Chris Courtney, CEO. “Our growth is a testament to the unwavering dedication and collaboration of our team members. Their commitment to providing outstanding service to our clients has been instrumental in driving our steady growth and ability to exceed client expectations.”        

    Non-performing assets (“NPA”) remained at zero as of June 30, 2025, as they were for all of 2025 and 2024. The allowance for credit losses (“ACL”) as a percentage of gross loans decreased slightly to 1.03% at June 30, 2025, compared to 1.05% at March 31, 2025 and 1.04% at June 30, 2024. The decrease in the ACL as a percentage of gross loans from the prior periods is mainly due to the growth in the loan portfolio. Management has performed a thorough analysis of credit risk as part of the CECL model’s ACL computation, concluding that the credit loss reserves relative to gross loans remains at acceptable levels, and credit quality remains stable. As a result, the Company did not record a provision for credit losses during the second quarter.

    The Board of Directors of Oak Valley Bancorp at their July 15, 2025, meeting declared the payment of a cash dividend of $0.30 per share of common stock to its shareholders of record at the close of business on July 28, 2025. The payment date will be August 8, 2025 and will amount to approximately $2,515,000. This is the second dividend payment made by the Company in 2025.

    Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra division, which includes Bridgeport, Mammoth Lakes, and Bishop. The company will open its 19th branch location later this year in Lodi.

    For more information, call 1-866-844-7500 or visit www.ovcb.com.

    This press release includes forward-looking statements about the corporation for which the corporation claims the protection of safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

    Forward-looking statements are based on management’s knowledge and belief as of today and include information concerning the corporation’s possible or assumed future financial condition, and its results of operations and business. Forward-looking statements are subject to risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include fluctuations in interest rates, government policies and regulations (including monetary and fiscal policies), legislation, economic conditions, including increased energy costs in California, credit quality of borrowers, operational factors and competition in the geographic and business areas in which the company conducts its operations. All forward-looking statements included in this press release are based on information available at the time of the release, and the Company assumes no obligation to update any forward-looking statement.

    Oak Valley Bancorp
    Financial Highlights (unaudited)
                 
    Selected Quarterly Operating Data: 2nd Quarter 1st Quarter 4th Quarter 3rd Quarter 2nd Quarter
    ($ in thousands, except per share) 2025 2025 2024 2024 2024
                 
      Net interest income $ 18,154   $ 17,807   $ 17,846   $ 17,655   $ 17,292  
      (Reversal of) provision for credit losses               (1,620 )    
      Non-interest income   1,703     1,613     1,430     1,846     1,760  
      Non-interest expense   12,688     12,624     11,548     11,324     11,616  
      Net income before income taxes   7,169     6,796     7,728     9,797     7,436  
      Provision for income taxes   1,581     1,499     1,720     2,473     1,547  
      Net income $ 5,588   $ 5,297   $ 6,008   $ 7,324   $ 5,889  
                 
      Earnings per common share – basic $ 0.68   $ 0.64   $ 0.73   $ 0.89   $ 0.72  
      Earnings per common share – diluted $ 0.67   $ 0.64   $ 0.73   $ 0.89   $ 0.71  
      Dividends paid per common share $   $ 0.300   $   $ 0.225   $  
      Return on average common equity   12.21 %   11.58 %   12.86 %   16.54 %   14.19 %
      Return on average assets   1.18 %   1.13 %   1.25 %   1.56 %   1.30 %
      Net interest margin (1)   4.11 %   4.09 %   4.00 %   4.04 %   4.11 %
      Efficiency ratio (2)   63.90 %   65.01 %   59.91 %   58.07 %   60.97 %
                 
    Capital – Period End          
      Book value per common share $ 22.17   $ 21.89   $ 21.95   $ 22.18   $ 20.55  
                 
    Credit Quality – Period End          
      Nonperforming assets / total assets   0.00 %   0.00 %   0.00 %   0.00 %   0.00 %
      Credit loss reserve / gross loans   1.03 %   1.05 %   1.04 %   1.07 %   1.04 %
                 
    Balance Sheet – Period End (in thousands)          
      Total assets $ 1,920,909   $ 1,924,365   $ 1,900,604   $ 1,900,455   $ 1,840,521  
      Gross loans   1,109,856     1,090,953     1,106,535     1,075,138     1,070,036  
      Nonperforming assets                    
      Allowance for credit losses   11,430     11,448     11,460     11,479     11,121  
      Deposits   1,711,241     1,713,592     1,695,690     1,690,301     1,644,748  
      Common equity   185,805     183,520     183,436     185,393     171,799  
                 
    Balance Sheet – Average (in thousands)          
      Average assets $ 1,903,741   $ 1,903,585   $ 1,909,691   $ 1,863,983   $ 1,814,643  
      Average earning assets   1,818,430     1,814,338     1,819,649     1,780,056     1,737,270  
      Average equity   183,612     185,592     185,345     175,693     166,429  
                 
    Non-Financial Data          
      Full-time equivalent staff   231     225     223     222     223  
      Number of banking offices   18     18     18     18     18  
                 
    Common Shares outstanding          
      Period end   8,382,062     8,382,062     8,357,211     8,358,711     8,359,556  
      Period average – basic   8,245,147     8,231,844     8,224,504     8,221,475     8,219,699  
      Period average – diluted   8,285,299     8,278,301     8,278,427     8,263,790     8,248,295  
                 
    Market Ratios          
      Stock Price $ 27.24   $ 24.96   $ 29.25   $ 26.57   $ 24.97  
      Price/Earnings   10.02     9.56     10.09     7.52     8.69  
      Price/Book   1.23     1.14     1.33     1.20     1.22  
                 
    (1) This is a non-GAAP measure because its computed on a fully tax equivalent basis using a marginal federal tax rate of 21%.  
    (2) This ratio was changed to GAAP basis as of the quarter ended December 31, 2024, and all prior periods have been restated accordingly.
                 
                 
                 
    Profitability SIX MONTHS ENDED JUNE 30,      
    ($ in thousands, except per share) 2025 2024      
                 
      Net interest income $ 35,961   $ 34,533        
      (Reversal of) provision for credit losses              
      Non-interest income   3,316     3,279        
      Non-interest expense   25,312     23,145        
      Net income before income taxes   13,965     14,667        
      Provision for income taxes   3,080     3,051        
      Net income $ 10,885   $ 11,616        
                 
      Earnings per share – basic $ 1.32   $ 1.41        
      Earnings per share – diluted $ 1.31   $ 1.41        
      Dividends paid per share $ 0.30   $ 0.225        
      Return on average equity   11.89 %   14.03 %      
      Return on average assets   1.15 %   1.28 %      
      Net interest margin (1)   4.10 %   4.10 %      
      Efficiency ratio (2)   64.44 %   59.36 %      
                 
    Capital – Period End          
      Book value per share $ 22.17   $ 20.55        
                 
    Credit Quality – Period End          
      Nonperforming assets/ total assets   0.00 %   0.00 %      
      Credit loss reserve/ gross loans   1.03 %   1.04 %      
                 
    Balance Sheet – Period End (in thousands)          
      Total assets $ 1,920,909   $ 1,840,521        
      Gross loans   1,109,856     1,070,036        
      Nonperforming assets              
      Allowance for credit losses   11,430     11,121        
      Deposits   1,711,241     1,644,748        
      Stockholders’ equity   185,805     171,799        
                 
    Balance Sheet – Average (in thousands)          
      Average assets $ 1,903,663   $ 1,819,426        
      Average earning assets   1,816,395     1,740,898        
      Average equity   184,596     166,071        
                 
    Non-Financial Data          
      Full-time equivalent staff   231     223        
      Number of banking offices   18     18        
                 
    Common Shares outstanding          
      Period end   8,382,062     8,359,556        
      Period average – basic   8,238,532     8,214,658        
      Period average – diluted   8,281,819     8,246,472        
                 
    Market Ratios          
      Stock Price $ 27.24   $ 24.97        
      Price/Earnings   10.22     8.81        
      Price/Book   1.23     1.22        
                 
      (1) This is a non-GAAP measure because its computed on a fully tax equivalent basis using a marginal federal tax rate of 21%.
      (2) This ratio was changed to GAAP basis as of the year ended December 31, 2024, and the prior period has been restated accordingly.
    Contact: Chris Courtney/Rick McCarty
    Phone:  (209) 848-2265
      www.ovcb.com

    The MIL Network

  • MIL-OSI: Oak Valley Bancorp Reports 2nd Quarter Results and Announces Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    OAKDALE, Calif., July 18, 2025 (GLOBE NEWSWIRE) — Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended June 30, 2025, consolidated net income was $5,588,000, or $0.67 per diluted share (EPS), as compared to $5,297,000, or $0.64 EPS, for the prior quarter and $5,889,000, or $0.71 EPS, for the same period a year ago. Consolidated net income for the six months ended June 30, 2025 was $10,885,000, or $1.31 EPS, compared to $11,616,000 or $1.41 EPS for the same period of 2024.

    The increase in second quarter net income compared to the prior quarter was the result of loan growth, a rise in the yield of the loan portfolio, and the corresponding increase in interest income. The QTD and YTD decreases compared to the same periods of 2024 were related to an increase in deposit interest expense and general operating expenses.

    Net interest income for the three-months ended June 30, 2025 was $18,154,000, compared to $17,807,000 in the prior quarter, and $17,292,000 in the same period a year ago. The increase in net interest income over the prior periods is attributed to an increase in average earning asset balances and loan yields. Gross loans grew by $18,903,000 and $39,820,000 during the second quarter and prior twelve months, respectively, while loans yields continue to trend upward. The cost of funds increased throughout 2024, but began to decline during the first six months of 2025, ending at 0.77% during the second quarter of 2025, as compared to 0.79% for the prior quarter, and 0.73% for the same period of 2024. Net interest margin for the three months ended June 30, 2025 was 4.11%, compared to 4.09% for the prior quarter and 4.11% for the same period last year.

    “Our solid earnings results reflect our steady and cautious approach to managing our business. The increase in net interest income due to loan growth and stable interest margins demonstrates our ability to navigate changing market conditions. Our commitment to relationship-based deposit growth remains strong, enabling us to maintain a competitive lending strategy and manage profitability,” stated Rick McCarty, President and Chief Operating Officer.

    Non-interest income was $1,703,000 for the three-months ended June 30, 2025, compared to $1,613,000 for the prior quarter and $1,760,000 for the same period last year. The increase over the prior period was mainly due to fair value adjustments on a limited partner equity investment and increased production from our investment advisory service and related fee income. The decrease compared to the same period a year ago was the result of the same investment advisory service fee income.

    Non-interest expense totaled $12,688,000 for the three-months ended June 30, 2025, compared to $12,624,000 in the prior quarter and $11,616,000 in the same quarter a year ago. The increases compared to prior periods are due to general operating costs related to servicing the growing loan and deposit portfolios.

    Total assets were $1.92 billion at June 30, 2025, a decrease of $3.5 million from March 31, 2025 and an increase of $80.4 million over June 30, 2024. Gross loans were $1.11 billion at June 30, 2025, an increase of $18.9 million over March 31, 2025 and $39.8 million over June 30, 2024. The Company’s total deposits were $1.71 billion as of June 30, 2025, a decrease of $2.4 million from March 31, 2025 and an increase of $66.5 million over June 30, 2024. Our liquidity position remains strong, as evidenced by $198.9 million in cash and cash equivalents balances at June 30, 2025.

    “We are pleased with the continued expansion of our loan portfolio and the overall strength of our balance sheet. While deposits declined marginally from the previous quarter, our year-over-year deposit trajectory remains on an upward trend,” stated Chris Courtney, CEO. “Our growth is a testament to the unwavering dedication and collaboration of our team members. Their commitment to providing outstanding service to our clients has been instrumental in driving our steady growth and ability to exceed client expectations.”        

    Non-performing assets (“NPA”) remained at zero as of June 30, 2025, as they were for all of 2025 and 2024. The allowance for credit losses (“ACL”) as a percentage of gross loans decreased slightly to 1.03% at June 30, 2025, compared to 1.05% at March 31, 2025 and 1.04% at June 30, 2024. The decrease in the ACL as a percentage of gross loans from the prior periods is mainly due to the growth in the loan portfolio. Management has performed a thorough analysis of credit risk as part of the CECL model’s ACL computation, concluding that the credit loss reserves relative to gross loans remains at acceptable levels, and credit quality remains stable. As a result, the Company did not record a provision for credit losses during the second quarter.

    The Board of Directors of Oak Valley Bancorp at their July 15, 2025, meeting declared the payment of a cash dividend of $0.30 per share of common stock to its shareholders of record at the close of business on July 28, 2025. The payment date will be August 8, 2025 and will amount to approximately $2,515,000. This is the second dividend payment made by the Company in 2025.

    Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 18 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, Roseville, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra division, which includes Bridgeport, Mammoth Lakes, and Bishop. The company will open its 19th branch location later this year in Lodi.

    For more information, call 1-866-844-7500 or visit www.ovcb.com.

    This press release includes forward-looking statements about the corporation for which the corporation claims the protection of safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

    Forward-looking statements are based on management’s knowledge and belief as of today and include information concerning the corporation’s possible or assumed future financial condition, and its results of operations and business. Forward-looking statements are subject to risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include fluctuations in interest rates, government policies and regulations (including monetary and fiscal policies), legislation, economic conditions, including increased energy costs in California, credit quality of borrowers, operational factors and competition in the geographic and business areas in which the company conducts its operations. All forward-looking statements included in this press release are based on information available at the time of the release, and the Company assumes no obligation to update any forward-looking statement.

    Oak Valley Bancorp
    Financial Highlights (unaudited)
                 
    Selected Quarterly Operating Data: 2nd Quarter 1st Quarter 4th Quarter 3rd Quarter 2nd Quarter
    ($ in thousands, except per share) 2025 2025 2024 2024 2024
                 
      Net interest income $ 18,154   $ 17,807   $ 17,846   $ 17,655   $ 17,292  
      (Reversal of) provision for credit losses               (1,620 )    
      Non-interest income   1,703     1,613     1,430     1,846     1,760  
      Non-interest expense   12,688     12,624     11,548     11,324     11,616  
      Net income before income taxes   7,169     6,796     7,728     9,797     7,436  
      Provision for income taxes   1,581     1,499     1,720     2,473     1,547  
      Net income $ 5,588   $ 5,297   $ 6,008   $ 7,324   $ 5,889  
                 
      Earnings per common share – basic $ 0.68   $ 0.64   $ 0.73   $ 0.89   $ 0.72  
      Earnings per common share – diluted $ 0.67   $ 0.64   $ 0.73   $ 0.89   $ 0.71  
      Dividends paid per common share $   $ 0.300   $   $ 0.225   $  
      Return on average common equity   12.21 %   11.58 %   12.86 %   16.54 %   14.19 %
      Return on average assets   1.18 %   1.13 %   1.25 %   1.56 %   1.30 %
      Net interest margin (1)   4.11 %   4.09 %   4.00 %   4.04 %   4.11 %
      Efficiency ratio (2)   63.90 %   65.01 %   59.91 %   58.07 %   60.97 %
                 
    Capital – Period End          
      Book value per common share $ 22.17   $ 21.89   $ 21.95   $ 22.18   $ 20.55  
                 
    Credit Quality – Period End          
      Nonperforming assets / total assets   0.00 %   0.00 %   0.00 %   0.00 %   0.00 %
      Credit loss reserve / gross loans   1.03 %   1.05 %   1.04 %   1.07 %   1.04 %
                 
    Balance Sheet – Period End (in thousands)          
      Total assets $ 1,920,909   $ 1,924,365   $ 1,900,604   $ 1,900,455   $ 1,840,521  
      Gross loans   1,109,856     1,090,953     1,106,535     1,075,138     1,070,036  
      Nonperforming assets                    
      Allowance for credit losses   11,430     11,448     11,460     11,479     11,121  
      Deposits   1,711,241     1,713,592     1,695,690     1,690,301     1,644,748  
      Common equity   185,805     183,520     183,436     185,393     171,799  
                 
    Balance Sheet – Average (in thousands)          
      Average assets $ 1,903,741   $ 1,903,585   $ 1,909,691   $ 1,863,983   $ 1,814,643  
      Average earning assets   1,818,430     1,814,338     1,819,649     1,780,056     1,737,270  
      Average equity   183,612     185,592     185,345     175,693     166,429  
                 
    Non-Financial Data          
      Full-time equivalent staff   231     225     223     222     223  
      Number of banking offices   18     18     18     18     18  
                 
    Common Shares outstanding          
      Period end   8,382,062     8,382,062     8,357,211     8,358,711     8,359,556  
      Period average – basic   8,245,147     8,231,844     8,224,504     8,221,475     8,219,699  
      Period average – diluted   8,285,299     8,278,301     8,278,427     8,263,790     8,248,295  
                 
    Market Ratios          
      Stock Price $ 27.24   $ 24.96   $ 29.25   $ 26.57   $ 24.97  
      Price/Earnings   10.02     9.56     10.09     7.52     8.69  
      Price/Book   1.23     1.14     1.33     1.20     1.22  
                 
    (1) This is a non-GAAP measure because its computed on a fully tax equivalent basis using a marginal federal tax rate of 21%.  
    (2) This ratio was changed to GAAP basis as of the quarter ended December 31, 2024, and all prior periods have been restated accordingly.
                 
                 
                 
    Profitability SIX MONTHS ENDED JUNE 30,      
    ($ in thousands, except per share) 2025 2024      
                 
      Net interest income $ 35,961   $ 34,533        
      (Reversal of) provision for credit losses              
      Non-interest income   3,316     3,279        
      Non-interest expense   25,312     23,145        
      Net income before income taxes   13,965     14,667        
      Provision for income taxes   3,080     3,051        
      Net income $ 10,885   $ 11,616        
                 
      Earnings per share – basic $ 1.32   $ 1.41        
      Earnings per share – diluted $ 1.31   $ 1.41        
      Dividends paid per share $ 0.30   $ 0.225        
      Return on average equity   11.89 %   14.03 %      
      Return on average assets   1.15 %   1.28 %      
      Net interest margin (1)   4.10 %   4.10 %      
      Efficiency ratio (2)   64.44 %   59.36 %      
                 
    Capital – Period End          
      Book value per share $ 22.17   $ 20.55        
                 
    Credit Quality – Period End          
      Nonperforming assets/ total assets   0.00 %   0.00 %      
      Credit loss reserve/ gross loans   1.03 %   1.04 %      
                 
    Balance Sheet – Period End (in thousands)          
      Total assets $ 1,920,909   $ 1,840,521        
      Gross loans   1,109,856     1,070,036        
      Nonperforming assets              
      Allowance for credit losses   11,430     11,121        
      Deposits   1,711,241     1,644,748        
      Stockholders’ equity   185,805     171,799        
                 
    Balance Sheet – Average (in thousands)          
      Average assets $ 1,903,663   $ 1,819,426        
      Average earning assets   1,816,395     1,740,898        
      Average equity   184,596     166,071        
                 
    Non-Financial Data          
      Full-time equivalent staff   231     223        
      Number of banking offices   18     18        
                 
    Common Shares outstanding          
      Period end   8,382,062     8,359,556        
      Period average – basic   8,238,532     8,214,658        
      Period average – diluted   8,281,819     8,246,472        
                 
    Market Ratios          
      Stock Price $ 27.24   $ 24.97        
      Price/Earnings   10.22     8.81        
      Price/Book   1.23     1.22        
                 
      (1) This is a non-GAAP measure because its computed on a fully tax equivalent basis using a marginal federal tax rate of 21%.
      (2) This ratio was changed to GAAP basis as of the year ended December 31, 2024, and the prior period has been restated accordingly.
    Contact: Chris Courtney/Rick McCarty
    Phone:  (209) 848-2265
      www.ovcb.com

    The MIL Network

  • MIL-OSI: Lake Shore Bancorp Announces Closing of Conversion Transaction

    Source: GlobeNewswire (MIL-OSI)

    DUNKIRK, N.Y., July 18, 2025 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (“Lake Shore Bancorp”) (NASDAQ: LSBK), the new holding company for Lake Shore Bank (the “Bank”), announced that the conversion of Lake Shore, MHC from mutual to stock form, the related stock offering by Lake Shore Bancorp and the Bank’s conversion from a federal savings bank to a New York chartered commercial bank closed following the close of business today. Lake Shore Bancorp’s common stock is expected to begin trading on the Nasdaq Global Market under the trading symbol “LSBK” on July 21, 2025.

    As a result of the subscription offering, Lake Shore Bancorp sold a total of 4,950,460 shares of its common stock (approximately the midpoint of the offering range) at a price of $10.00 per share for total gross proceeds of $49.5 million.

    Lake Shore Bancorp’s transfer agent, Computershare Trust Company, N.A. (“Computershare”), expects to mail Direct Registration System (“DRS”) Book-Entry statements for shares purchased in the subscription offering and interest checks, on or about July 21, 2025.

    As part of the conversion transaction, each outstanding share of Lake Shore Bancorp, Inc., a federal corporation (“Lake Shore Federal Bancorp”) common stock owned by the public stockholders of Lake Shore Federal Bancorp (stockholders other than Lake Shore, MHC) as of the closing date was converted into shares of Lake Shore Bancorp common stock based on an exchange ratio of 1.3549 shares of Lake Shore Bancorp common stock for each share of Lake Shore Federal Bancorp common stock so that Lake Shore Federal Bancorp’s existing public stockholders will own approximately the same percentage of Lake Shore Bancorp’s common stock as they owned of Lake Shore Federal Bancorp’s common stock immediately prior to the conversion, subject to adjustment as disclosed in the prospectus. Cash was issued in lieu of a fractional share of Lake Shore Bancorp common stock based on the offering price of $10.00 per share. Upon the completion of the conversion and stock offering, approximately 7,825,877 shares of Lake Shore Bancorp common stock are outstanding before adjustment for fractional shares.

    Stockholders of Lake Shore Federal Bancorp holding shares in street name will receive shares of Lake Shore Bancorp common stock and cash in lieu of fractional shares within their accounts. Stockholders of Lake Shore Federal Bancorp holding shares in certificated form will be mailed a letter of transmittal on or about July 21, 2025. After submitting their stock certificates and a properly completed letter of transmittal to Computershare, stockholders will receive DRS Book-Entry statements reflecting their shares of Lake Shore Bancorp common stock and checks for cash in lieu of fractional shares.

    Luse Gorman, PC acted as legal counsel to Lake Shore Bancorp and Lake Shore Federal Bancorp. Raymond James & Associates, Inc. acted as marketing agent for Lake Shore Bancorp in the subscription offering. Kilpatrick Townsend & Stockton LLP acted as legal counsel to Raymond James & Associates, Inc.

    About Lake Shore

    Lake Shore Bancorp is the holding company of Lake Shore Bank, a New York chartered, community-oriented financial institution headquartered in Dunkirk, New York. The Bank has ten full-service branch locations in Western New York, including four in Chautauqua County and six in Erie County. The Bank offers a broad range of retail and commercial lending and deposit services. Lake Shore Bancorp’s common stock is traded on the NASDAQ Global Market as “LSBK”. Additional information about Lake Shore Bancorp is available at www.lakeshoresavings.com.

    Safe-Harbor

    This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on current expectations, estimates and projections about Lake Shore Federal Bancorp’s, Lake Shore Bancorp, Inc.’s (collectively, the “Company”) and the Bank’s industry, and management’s beliefs and assumptions. Words such as anticipates, expects, intends, plans, believes, estimates and variations of such words and expressions are intended to identify forward-looking statements. Such statements reflect management’s current views of future events and operations. These forward-looking statements are based on information currently available to the Company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve and are subject to significant risks, contingencies, and uncertainties, many of which are difficult to predict and are generally beyond our control including, but not limited to, possible unforeseen delays in delivering DRS Book-Entry statements or interest checks; delays in the start of trading due to market disruptions or otherwise, data loss or other security breaches, including a breach of our operational or security systems, policies or procedures, including cyber-attacks on us or on our third party vendors or service providers, economic conditions, the effect of changes in monetary and fiscal policy, inflation, tariffs, unanticipated changes in our liquidity position, climate change, geopolitical conflicts, public health issues, increased unemployment, deterioration in the credit quality of the loan portfolio and/or the value of the collateral securing repayment of loans, reduction in the value of investment securities, the cost and ability to attract and retain key employees, regulatory or legal developments, tax policy changes, dividend policy changes and our ability to implement and execute our business plan and strategy and expand our operations. These factors should be considered in evaluating forward looking statements and undue reliance should not be placed on such statements, as our financial performance could differ materially due to various risks or uncertainties. We do not undertake to publicly update or revise our forward-looking statements if future changes make it clear that any projected results expressed or implied therein will not be realized.

    Legal Disclosures

    The shares of common stock of Lake Shore Bancorp, Inc. are not savings accounts or deposit accounts and are not insured by the Federal Deposit Insurance Corporation or by any other governmental agency.

    Source: Lake Shore Bancorp, Inc.
    Category: Financial

    Investor Relations/Media Contact
    Kim C. Liddell
    President, CEO, and Director
    Lake Shore Bancorp, Inc.
    31 East Fourth Street
    Dunkirk, New York 14048
    (716) 366-4070 ext. 1012

    The MIL Network

  • MIL-OSI: Topnotch Crypto Launches Revolutionary AI-Powered Cloud Mining Platform Ahead of 2025 Cryptocurrency Surge

    Source: GlobeNewswire (MIL-OSI)

    Houston, Texas, July 18, 2025 (GLOBE NEWSWIRE) — Topnotch Crypto, a visionary leader in blockchain innovation, today proudly announces the launch of its revolutionary AI-powered cloud mining platform. This cutting-edge platform promises to redefine cryptocurrency mining by leveraging artificial intelligence and cloud computing to deliver unparalleled efficiency, accessibility, and sustainability.

    As cryptocurrency ushers in a wave of growth in 2025, Topnotch Crypto helps miners and investors seize the opportunity and mine Bitcoin efficiently.

    Artificial Intelligence: The Catalyst for Mining Evolution

    Historically, cryptocurrency mining was done with expensive hardware, a considerable amount of technical knowledge, and a huge amount of energy usage, among other things. Topnotch Crypto, gives users the ability to mine crypto without hardware expenses or technical hurdles, and still allows users to mine both profitably and efficiently, all thanks to a marketplace disruption that combines advanced AI algorithms that verify and optimize all aspects of mining from start-to-finish. 

    The AI can watch the network difficulty, energy costs, and profitability of mining in real-time and use all these variables to change mining parameters, reallocate standing computational power, determine when preventative maintenance will be needed, and maximize machine uptime and outputs, all in real-time. This all takes the potential for human error out of the process and decreases operational cost. 

    Overall, our AI based platform allows you the ability to mine cryptocurrencies at anytime, or anywhere, with almost no knowledge requirements or upfront capital. This degree of autonomy allows mining to expand to everyone. 

    User-Friendly and Scalable for All

    We built Topnotch Crypto’s cloud mining platform to be inclusive and flexible. Its user-friendly interface allows rookie users to mine in just a few minutes. More advanced and institutional users can take advantage of customizable and scalable contracts.

    Whether you’re an individual investor interested in generating passive income, or a large corporation looking to diversify your crypto portfolio, Topnotch allows for all sizes. Users can also easily scale mining power up and down depending on the market shifts and investment strategy.

    Topnotch’s mobile and desktop interfaces allow for easy on-the-go management so users can have control of their mining operations anywhere, at any time.

    Positioning for the 2025 Cryptocurrency Boom

    Market analysis suggests that 2025 will be a pivotal year for cryptocurrency. Adoption on an institutional level will be skyrocketing, and regulations across the globe will be relatively mature. Additionally, prices for Bitcoin and other large coins will have skyrocketed.

    At this time, Topnotch Crypto gives its users a unique advantage with its new AI powered mining platform. Users can mine before the boom and accumulate ownership of cryptocurrencies at a lower price, thus exponentially multiplying their profits when demand does catch up to prices.

    Unwavering Commitment to Security and Transparency

    As an industry suffering from security risks, Topnotch Crypto’s dedication to user assets and data has never been more essential. By utilizing end-to-end encryption, mufti-factor authentication and smart contracts on the blockchain, Topnotch Crypto is able to build a stronghold focused on protecting user assets and data against hacks and unauthorized access.

    Transparency is equally important. Users have access to detailed real time dashboards showing hash rates, user earnings, AI optimizations and transaction history. Every payout is verified on-chain as verifiable proof of the mining activity.

    Together, security and transparency can ensure user confidence and foster long-term trust.

    Leading the Charge Toward Sustainable Mining

    With concerns about the environment growing ever since the industry has become known for its high energy consumption, it is taking a toll on the image of cryptocurrency mining. Topnotch Crypto is setting a standard for the industry to follow, and they are tackling the issue in an environmentally friendly manner.

    Topnotch Crypto operates from energy-efficient data centres that utilize renewable sources of energy, such as solar and wind. Also, through Artificial Intelligence, the energy usage is continually optimized to eliminate waste and further reduce the carbon footprint without sacrificing performance.

    With this level of commitment to sustainability, Topnotch Crypto is positioning itself along with the global ESG (Environmental, Social, Governance) initiatives, appealing to investors who care about the environment. 

    Platform Features That Set Topnotch Crypto Apart

    • AI Mining Optimization: Ensured productivity and performance maximized with real-time and automated changes to mining parameters. 

    • Zero threshold to participate: Register with your email address and receive a $15 newbie gift, and enjoy the free mining experience.

    • Security: Military grade encryption methods and blockchain smart contracts

    • Flexible and scalable packages: Built for independent miner users, although methodologies developed will also be able to scale for institutional clients. 

    • Withdrawals and reporting: You can access all your earnings or gains immediately,  along with blockchain verifiable proof of payment. 

    • Any Time, Anywhere: You can access either your desktop or favorite mobile device from anywhere in the world. 

    • Eco-Friendly Infrastructure: Committed to sustainable mining and utilizing electricity from renewable sources, with AI monitoring.

    About Topnotch Crypto

    Topnotch Crypto leads the blockchain industry in the area of democratizing access to cryptocurrency mining and investment. We use a combination of AI and cloud computing, with security and sustainability, to provide unique, innovative, solutions that empower every person around the world to participate in the digital economy, confidently.

    For more information, visit https://topnotchcrypto.com

    Media Contact: info@topnotchcrypto.com

    Embrace the future of cryptocurrency mining today. Join the AI-powered revolution and prepare for the 2025 crypto boom with Topnotch Crypto. 

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network

  • MIL-OSI: Purpose Investments Announces Special Meeting of Purpose Select Equity Fund to Transition to New Manager and Trustee and Certain Other Proposals

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments” or “Purpose”) today announced that it has entered into a binding agreement with PenderFund Capital Management Ltd. (“Pender”) pursuant to which Purpose has agreed to assign to Pender its rights to act as trustee and manager of Purpose Select Equity Fund (the “Fund”), subject to unitholder approval.

    In addition to customary closing conditions, unitholders of the Fund will be asked to approve the change of manager and trustee to Pender (the “Change of Manager”), as well as (i) the change to the investment objectives of the Fund, (ii) a change to the calculation of the Fund’s incentive fee, (iii) the change to the method in which operating expenses are charged to the Fund, and (iv) the change of the Fund’s auditor from Ernst & Young LLP to KPMG LLP (collectively, the “Proposal”), all as more particularly described in the management information circular (the “Circular”), at a special meeting of the Fund’s unitholders (the “Unitholders”) to be held on or about August 13, 2025 (the “Meeting”).

    If approved, the Proposals will become effective, and Pender will become the manager and trustee of the Fund effective on August 28, 2025. The record date for the special meeting is July 11, 2025 (the “Record Date”). Unitholders of record as of the close of business on the Record Date are entitled to receive notice of and vote at the Meeting.

    Pender is an independent, employee-owned investment firm with approximately $4.4 billion in assets under management as of June 30, 2025. The transition will ensure consistency in the management and administration of the Fund, as Pender has been serving as sub-adviser to the Fund and the Fund’s existing portfolio manager will continue in this role following the transition.

    In connection with this proposed transaction, Purpose referred the matter to the Independent Review Committee (the “IRC”) of the Fund, which acts in an advisory capacity representing the interest of the Fund and its unitholders with respect to conflict of interest matters. The IRC has reviewed the Change of Manager and determined that, if implemented, the Change of Manager would achieve a fair and reasonable result for the Fund.

    The Circular is being mailed to Unitholders in compliance with applicable laws, and will be available under the Fund’s profile on SEDAR+ at www.sedarplus.ca. The Circular provides important information on the Proposals and related matters, including the voting procedures and how to attend the Meeting. Unitholders are urged to read the Circular and its schedules carefully and in their entirety.

    About Purpose Investments Inc.
    Purpose Investments is an asset management company with approximately $25 billion in assets under management. Purpose is committed to client-centric innovation and offers a range of managed and quantitative investment solutions. Led by entrepreneur Som Seif, Purpose is part of Purpose Unlimited, a technology-driven financial services platform.

    About PenderFund Capital Management Ltd.
    Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia. Our goal is to protect and grow wealth for our investors over time. We have a talented investment team of expert analysts, security selectors and independent thinkers who actively manage a suite of differentiated investment funds, exploiting inefficient parts of the investing universe to achieve our goal.

    For more information, please email us at info@purposeinvest.com

    Media Inquiries:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. There can be no assurance that the full amount of your investment in the fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value.

    The MIL Network

  • MIL-OSI: Bowen Acquisition Corp Receives NASDAQ Delisting Notification for Failure to Comply with Listing Requirements

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 18, 2025 (GLOBE NEWSWIRE) — Bowen Acquisition Corp (NASDAQ: BOWN) (“BOWN”), a special purpose acquisition company, announced that on July 15, 2025, it received a delisting determination letter (the “Delisting Determination Letter”) notifying BOWN that its securities are subject to delisting from the Nasdaq Global Market.

    The Delisting Determination Letter stated that BOWN was not in compliance with (A) Nasdaq Listing Rules 5450(b)(2)(A), which requires companies listed on the Nasdaq Global Market to have Market Value of Listed Securities of at least $50,000,000 for a period of 30 consecutive trading days, (B) Nasdaq Listing Rules 5450(b)(2)(B), which requires that companies listed on the Nasdaq Global Market maintain a minimum 1,100,000 Publicly Held Shares, (C) Nasdaq Listing Rules 5450(b)(2)(C), which requires that companies listed on the Nasdaq Global Market to have Market Value of Publicly Held Shares to be at least $15,000,000 for a period of 30 consecutive trading days and (4) Nasdaq Listing Rules 5450(a)(2), which requires companies listed on the Nasdaq Global Market to have at least 400 total shareholders.

    BOWN may appeal the Staff’s determination to a Nasdaq Hearings Panel pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. Unless BOWN requests an appeal of Nasdaq’s determination by 4:00 p.m. Eastern Time on July 22, 2025, trading of BOWN’s securities will be suspended at the opening of business on July 24, 2025, and Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission to remove BOWN’s securities from listing and registration on the Nasdaq Stock Market. 

    The Delisting Determination Letter also noted that a request for a hearing will stay the suspension of BOWN’s securities only for a period of 15 days from the date of the request. When BOWN requests a hearing, it may also request a stay of the suspension, pending the hearing. The hearing panel will review the request for an extended stay and notify BOWN of its conclusion as soon as is practicable, but in any event no later than 15 calendar days following the deadline to request the hearing.

    BOWN intends to request a hearing before the panel to appeal the delisting determinations and to request a stay of the suspension of BOWN’s securities from trading. There can be no assurance that the panel will grant BOWN’s request for continued listing or a stay of the suspension of BOWN’s securities.

    BOWN has been diligently attempting to consummate its previously announced business combination with Shenzhen Qianzhi BioTechnology Co. Ltd. BOWN believes that it will be in compliance with the listing requirements upon consummation of such transaction. However, there can be no assurance that BOWN will be able to regain compliance with the listing requirements discussed above or otherwise satisfy the other NASDAQ listing criteria.

    About Bowen Acquisition Corp

    Bowen Acquisition Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As previously disclosed, Bowen has entered into a definitive agreement for a business combination with Shenzhen Qianzhi BioTechnology Co., Ltd.

    Forward Looking Statements

    This press release includes certain “forward-looking” statements, as that term is defined under the federal securities laws. Actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements generally are identified by the words or phrases such as “aspire,” “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “will be,” “will continue,” “will likely result,” “could,” “should,” “believe(s),” “predicts,” “potential,” “continue,” “future,” “opportunity,” seek,” “intend,” “strategy,” or the negative version of those words or phrases or similar expressions are intended to identify such forward-looking statements. You should not place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date hereof, and, except as required by law, the Company assumes no obligation and does not intend to update any forward-looking statement to reflect events or circumstances after the date hereof.

    For investor and media inquiries, please contact:

    Jiangang Luo
    Chief Executive Officer
    jiangangluo@bowenspac.com

    The MIL Network

  • MIL-OSI: XRP to $3.5, PFMCrypto Announces XRP Mining Contract with Daily Returns for All Holders

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 18, 2025 (GLOBE NEWSWIRE) — PFMCrypto, a global platform specializing in AI-driven crypto mining, announces the official launch of its XRP cloud mining contracts—designed to offer stable daily returns with zero technical setup. The announcement follows Ripple’s resolution of its multi-year legal battle with the U.S. Securities and Exchange Commission (SEC), resulting in a $125 million settlement. With legal clarity restored, investor optimism around XRP has surged, positioning PFMCrypto as a timely entry point for users seeking to benefit from the token’s renewed momentum and its potential climb toward the $5 mark.

    This renewed momentum has drawn investor attention to PFMCrypto, an AI-powered XRP cloud mining platform that is rapidly becoming the preferred gateway for those looking to capitalize on the token’s next potential bull run.

    XRP’s Journey Toward $5: What It Means for Investors?
    According to PFMCrypto’s Chief Analyst, the resolution of regulatory ambiguity has increased the probability of a U.S.-approved XRP ETF to 95%—a move that could trigger significant institutional capital inflows.
    For current XRP holders and new investors, PFMCrypto offers a low-barrier, high-efficiency way to gain exposure to this growth potential. Its AI-optimized XRP mining contracts enable users to earn stable daily income—without the need for mining hardware or technical expertise.

    Why PFMCrypto’s XRP Mining Model Is Poised to Lead in 2025?
    Unlike traditional Proof-of-Work (PoW) mining systems, XRP uses a consensus protocol, making direct mining infeasible. PFMCrypto addresses this challenge by offering next-generation cloud mining solutions, combining smart contract flexibility, high-yield algorithms, and accessibility for all users.
    Its AI-driven earnings engine intelligently reallocates computing resources in real-time, optimizing daily returns from XRP cloud mining. Within just one week of launch, PFMCrypto recorded a 378% increase in XRP mining contract sales as users rushed to access its flexible and high-liquidity earning solutions.

    Key Features of PFMCrypto XRP Cloud Mining Contracts:
    –  No Hardware Required: Accessible to all users; no equipment or setup needed.
    –  Daily Returns: Earn consistent profits based on your selected contract.
    –  Secure Asset Custody: Enterprise-grade protection for all user funds.
    –  Flexible Terms: Contract values range from $10 to $100,000 with durations from 1 to 50 days.

    Flexible XRP Mining Plans Now Available:
    Following the success of its BTC mining offerings, PFMCrypto now provides over 10 XRP-focused cloud mining plans. With a 378% weekly growth rate in sales, users can select plans tailored to their budget and strategy. All plans guarantee full principal return at maturity, making them a low-risk entry point for both newcomers and experienced crypto investors.
    Sample Plans Include:
    $100 Plan – 2-Day Term – Earn $3.00 daily (+$2 bonus)
    $1,000 Plan – 9-Day Term – Earn $13.10 daily
    $5,000 Plan – 30-Day Term – Earn $78.50 daily
    $10,000 Plan – 40-Day Term – Earn $180.00 daily
    These returns are based on real-time performance data from over 9.2 million users globally, backed by PFMCrypto’s high-efficiency infrastructure and AI-optimized engine.
    [Click here to explore more cloud mining plans.]

    Why PFMCrypto XRP Mining Is Ideal for Both Beginners and Experts?
    –  No Hardware Needed: Mine XRP instantly via PFMCrypto’s enterprise-grade infrastructure
    –  Zero Maintenance Costs: No electricity, no technical fees—pure profit potential
    –  Instant Withdrawals: Withdraw daily earnings anytime with ease
    –  $10 Welcome Bonus: New users receive $10 in XRP upon signing up
    With entry points as low as $100, users gain access to XRP mining and enjoy predictable, short-term returns—without direct exposure to volatile market swings.

    How to Start XRP Mining in Just Minutes?
    1.  RegisterCreate an account and claim your $10 bonus, plus daily login rewards
    2.  Choose a Plan – Select a contract that aligns with your investment strategy (1 to 50 days)
    3.  Start Mining – Let PFMCrypto’s AI engine do the work while you earn passive daily income

    About PFMCrypto:
    Founded in 2018, PFMCrypto is a global leader in AI-driven cloud mining, serving over 9.2 million users across 192 countries. The platform supports secure, fully remote mining for XRP, BTC, ETH, LTC, DOGE, and SOL—offering one of the most accessible and profitable ways to earn crypto passively.
    As XRP edges closer to the $5 mark, PFMCrypto’s XRP mining ecosystem provides one of the most practical and rewarding ways to engage with the token’s next growth phase.

    Explore more and start XRP mining today: https://pfmcrypto.net

    The MIL Network

  • MIL-OSI: Pyrophyte Acquisition Corp. II Announces Closing of $175 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, TX, July 18, 2025 (GLOBE NEWSWIRE) — Pyrophyte Acquisition Corp. II (NYSE: PAII) (the “Company”) today announced the closing of its initial public offering of 17,500,000 units at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share.

    The units are listed on the New York Stock Exchange (the “NYSE”) and commenced trading under the ticker symbol “PAII.U” on July 17, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be listed on NYSE under the symbols “PAII” and “PAII WS,” respectively.

    Concurrently with the closing of the initial public offering, the Company closed on a private placement of 5,050,000 warrants to Pyrophyte Acquisition II LLC, the Company’s sponsor, at a price of $1.00 per warrant, resulting in gross proceeds of $5,050,000. Each private placement warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. Of the proceeds received from the consummation of the initial public offering and the simultaneous private placement of warrants, $175,000,000 (or $10.00 per unit sold in the public offering) was placed in trust.

    Pyrophyte Acquisition Corp. II 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. While the Company may pursue an initial business combination in any industry, sector or geographic region, it expects to target opportunities and companies in the energy sector.

    UBS Investment Bank acted as the lead book-running manager of the offering and Brookline Capital Markets, a division of Arcadia Securities, LLC acted as the co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,625,000 units at the initial public offering price to cover over-allotments, if any.

    A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on July 16, 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 offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from UBS Securities LLC, 1285 Avenue of the Americas, New York, New York 10019, Attention: Prospectus Department, or by email at: prospectusrequest@ubs.com.

    Cautionary Note Concerning Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination and the anticipated use of the net proceeds of the initial public offering and simultaneous private placement. No assurance can be given that the net proceeds of the offering 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 for the initial public offering, available on the SEC’s website, www.sec.gov, and the Company’s preliminary prospectus. The Company undertakes no obligation to update these statements for revisions or changes after the issuance of this release, except as required by law.

    Contact

    Sten Gustafson
    President and Chief Financial Officer
    Pyrophyte Acquisition Corp. II
    sten.gustafson@pyrophytespac.com

    The MIL Network

  • MIL-OSI: Matador Technologies Provides Contract Details for CTO Engagement

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 18, 2025 (GLOBE NEWSWIRE) — Further to its March 31, 2025 announcement welcoming Antoine De Vuyst as Chief Technology Officer (“CTO”) and lead designer of the forthcoming Digital Gold Platform on Bitcoin, Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3) (“Matador” or the “Company”) is providing the following summary of Mr. De Vuyst’s consulting agreement (the “Agreement“), as requested by the TSX Venture Exchange (the “TSXV”).

    Under the Agreement, which took effect March 1, 2025, Mr. De Vuyst serves as CTO on a month-to-month basis and devotes the time required to meet Matador’s product-development milestones. As consideration for his services as CTO, Mr. De Vuyst will receive:

    • C$5,000 per month in common shares of the Company, calculated quarterly, using the 30-day volume-weighted average price of Matador shares on the TSXV and subject to a four (4) month hold; and
    • C$15,000 of restricted share units (“RSUs”) granted quarterly. The RSUs will vest one (1) year from the date of issuance. The RSUs are being issued pursuant to the Company’s Long-Term Incentive Plan.

    All securities issued to Mr. De Vuyst will remain subject to customary hold periods and final TSXV acceptance.

    Either party may terminate this Agreement by providing thirty (30) days’ written notice. Additionally, the Company reserves the right to terminate the Agreement immediately for cause. The Agreement further stipulates that any intellectual property developed during Mr. De Vuyst’s engagement shall be assigned to Matador.

    The Agreement is considered a non arm’s-length transaction under applicable securities laws. No finder’s fees were paid, and no new insiders were created pursuant to the Agreement. The Company is relying on the employee-executive exemption under Sections 5.5 and 5.7 of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, and therefore no formal valuation or minority-shareholder approval is required.

    For additional information, please contact:

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

    Phone: 647-496-6282

    About Matador Technologies Inc.

    Matador Technologies Inc. (TSXV:MATA, OTCQB:MATAF, FSE:IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador’s strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

    Matador has recently proposed to expand its global footprint by entering into an agreement to invest in HODL Systems, one of India’s first digital asset treasury companies, securing up to a 24% ownership stake. This investment strengthens Matador’s position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.

    With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.

    Visit us online at https://www.matador.network/.

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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

    Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network

  • MIL-OSI: XRP Surges 15% in a Day: PFMCrypto Launches Revolutionary XRP Cloud Mining, Igniting the XRP Market

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 18, 2025 (GLOBE NEWSWIRE) — XRP has surged nearly 52.5% since July 8, climbing to a new yearly high of $3.53. As excitement sweeps through the crypto markets, PFMCrypto has officially launched a groundbreaking innovation: Ripple’s XRP cloud mining contracts—zero hardware, daily rewards, and fully remote access for users worldwide.
    This strategic launch comes at a pivotal moment for XRP, as its momentum nears a key resistance level. PFMCrypto analysts believe that a confirmed breakout above $3 could signal a long-anticipated push toward a new all-time high. With the XRP community expanding rapidly, this move empowers both newcomers and experienced investors to participate directly in XRP’s ecosystem—without the need for complex infrastructure.
    Explore PFMCrypto XRP Mining Platform: https://pfmcrypto.net 

    XRP Cloud Mining Is Here—Simple, Smart, and Rewarding
    Long known for its role in cross-border transactions and institutional-grade settlements, XRP now enters a new chapter through PFMCrypto’s easy-to-use cloud mining solution. Users can mine XRP directly through short-term contracts or let PFMCrypto’s proprietary AI engine dynamically switch between the most profitable coins—including BTC, ETH, DOGE, and USDC—for consistent, optimized returns.
    Whether on mobile or web, PFMCrypto’s platform is built for global access and delivers an effortless mining experience with daily payouts in the user’s chosen cryptocurrency.
    Explore the PFMCrypto website or download the app today.

    Key Features of PFMCrypto’s XRP Cloud Mining Contracts:
    –  Full XRP Integration: Deposit, mine, and withdraw XRP within one streamlined interface.
    –  Multi-Coin Mining Support: Choose to mine and earn in BTC, ETH, DOGE, USDC, USDT, SOL, LTC, or BCH.
    –  AI Revenue Optimization: Smart algorithms auto-allocate resources to maximize earnings.
    –  Fully Remote Access: No equipment required—everything runs in the cloud via browser or app.
    –  Capital Protection: All contracts include full principal return at maturity for built-in risk reduction.

    Mining Contracts for Every Budget and Strategy
    To meet the diverse needs of the XRP community, PFMCrypto offers a flexible contract structure that supports XRP-based deposits and withdrawals:
    $10 Contract – 1 Day – Earn $0.66 (Free with sign-up bonus)
    $100 Contract – 2 Days – Earn $3.00/day + $2 reward
    $500 Contract – 5 Days – Earn $6.15/day
    $5,000 Contract – 30 Days – Earn $78.50/day
    $20,000 Contract – 45 Days – Earn $380.00/day
    From testing the waters with short-term plans to building a diversified crypto income stream, PFMCrypto offers low-risk, transparent solutions with steady daily earnings in XRP.

    Click here to view all XRP mining contracts: https://pfmcrypto.net 

    Why PFMCrypto’s XRP Mining Stands Out?
    –  No Hardware Needed: Anyone can mine XRP—no rigs, no setup, no technical barriers.
    –  XRP-Native Workflow: Deposit, mine, and withdraw—all within a single platform.
    –  Stable Earnings with AI Precision: Daily income backed by smart allocation across top coins.
    –  Multi-Asset Flexibility: Mine XRP or auto-diversify into other cryptos using one contract.
    –  Global Reach, Instant Setup: Start mining from anywhere via mobile app or browser—securely and instantly.

    Get Started in 3 Simple Steps:
    1. Sign UpCreate your account and receive a $10 welcome bonus
    2. Choose a Plan – Pick a short or long-term mining contract (1–60 days)
    3. Start Earning – Monitor your daily rewards and withdraw in your preferred cryptocurrency

    XRP Mining for a Digital Future:
    Since 2018, PFMCrypto has helped millions of users generate passive income through cloud-based crypto mining. With the latest integration of XRP mining, the platform merges institutional-grade infrastructure with retail accessibility—allowing users to mine XRP securely and remotely.
    “XRP has always been a fast, efficient, and scalable asset,” said a PFMCrypto spokesperson. “Now, it’s mineable—without hardware, without friction. We’re opening the door for everyone to earn from XRP’s rising momentum.”
    As XRP flirts with a critical $3.5 inflection point, PFMCrypto positions itself as the bridge between growing token demand and decentralized mining access. With bullish momentum continuing to build, now may be the best time to enter the XRP economy—one mining contract at a time.
    Join the XRP mining movement now at: https://pfmcrypto.net 

    Or download the PFMCrypto app on iOS and Android

    The MIL Network

  • MIL-OSI: PAXMINING Launches Enhanced Cloud Mining Platform to Help XRP Holders Earn Up to $5,700 in Passive Income

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 18, 2025 (GLOBE NEWSWIRE) — As XRP experiences a strong 26% rally over the past week, now trading around $2.93, the broader crypto market is showing both momentum and caution. While on-chain data suggests a possible short-term pullback of up to 20%, long-term sentiment remains bullish, with prominent analyst Peter Brandt forecasting a 60% surge to $4.47 in the coming months.

    Amid this dynamic market environment, PAXMINING, a global leader in green cloud mining, has launched an enhanced version of its platform—designed to help crypto users, including XRP holders, generate stable daily income without the need for technical knowledge or hardware investments.

    Key Highlights of the New PAXMINING Platform:

    • New User Incentive: Receive a $15 sign-up bonus, usable for daily check-ins that can yield up to $0.60 per day.
    • Multi-Currency Mining: Mine across 9+ top cryptocurrencies including XRP, BTC, ETH, USDT, USDC, SOL, DOGE, LTC, and BCH.
    • Global Scale: Trusted by over 8 million users across 190+ countries.
    • No Equipment Required: Access to over 70 high-performance mining farms worldwide.
    • Sustainably Powered: 100% renewable energy—wind, solar, and hydro—supporting carbon neutrality.
    • Flexible, Transparent Contracts: A wide range of mining options designed for both short-term and long-term yield preferences.

    Flexible Mining Contracts – Earn Daily Yields
    paxMining offers a range of stable income contracts, including:

    Contract Project Investment Amount The term Total revenue
    WhatsMiner M50S+ $100 2days $100+$6
    Canaan Avalon miner A14 $500 7days $500+$43.40
    WhatsMiner M60S+ $1,300 15days $1,300+$253.5
    ALPH Miner AL1 $3,500 30days $3,500+$948‬
    Bitcoin Miner S21 XP Imm  $8,000 35days $8,000+$4424
    Bitcoin Miner S21 XP Hyd $12,800 40 days $12,800+$8,601

    For a full list of contracts, visit the official site: https://paxmining.com

    Security, Legality, and Green Commitment

    PAXMINING places a strong emphasis on legal compliance and user security. All operations are conducted transparently, and infrastructure is backed by sustainable, renewable energy sources—ensuring both environmental responsibility and long-term profitability.

    With Ripple recently applying for a U.S. banking charter, and interest in XRP growing globally, PAXMINING provides an alternative for crypto holders seeking passive income options without relying on market speculation.

    About PAXMINING

    PAXMINING is a global cloud mining platform founded on the principles of accessibility, sustainability, and reliability. With over 8 million users worldwide and operations in more than 70 renewable-powered facilities, PAXMINING continues to lead the industry in democratizing cryptocurrency mining.

    For more information, visit https://paxmining.com or contact info@paxmining.com.

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

    The MIL Network

  • MIL-OSI: The List of Gold IRA Companies for 2025 Released by Affiliate Credo

    Source: GlobeNewswire (MIL-OSI)

    Disclosure: The owners of this website may be compensated for referrals or recommendations made in this content. The opinions expressed may not be neutral or independent.

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — Affiliate Credo, a financial content publisher based in New York, has released its annual research summary analyzing key developments in the U.S. Gold IRA industry for 2025. This report offers insights into notable players in the physical asset retirement market and highlights general market characteristics observed in the self-directed retirement industry.

    The 2025 research emphasizes transparency, educational support, and service accessibility as primary factors influencing consumer engagement with Gold IRA companies.

    Key Highlights from the 2025 Research Report

    Each company mentioned below offers its own free Gold IRA Kit with educational materials. You can request it directly on their website to learn more about their services.

    This research aims to provide consumers with an overview of popular companies currently active in the Gold IRA space and to support broader financial literacy in retirement planning.

    About Affiliate Credo
    Affiliate Credo is a New York–based financial content publisher specializing in retirement research, educational materials, and comparative analysis across investment-related products. The platform is committed to improving access to clear and unbiased information that helps Americans make well-informed financial decisions.

    Media Contact:
    Affiliate Credo
    New York, USA
    Email: hennadii.kamentsov@affiliatecredo.com
    Website: https://affiliatecredo.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/97f705ce-3625-41bd-9be4-5e79386f9367

    The MIL Network

  • MIL-OSI: Value Line, Inc. Declares a Quarterly Cash Dividend of $0.325 Per Common Share

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — Value Line, Inc. (NASDAQ: VALU) announced today that its Board of Directors declared on July 18, 2025 a quarterly cash dividend of $0.325 per common share, payable on August 11, 2025, to stockholders of record on July 28, 2025. The Company has 9,409,522 shares of common stock outstanding as of July 18, 2025.

            Value Line is a leading provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity research.

            Value Line publishes proprietary investment research in separate print and digital formats.

            Value Line provides these specialized services:
            a. Value Line Select – Each month, Value Line analysts recommend the one exceptional stock with superior profit potential and a favorable risk/reward ratio.
            b. The Value Line Special Situations Service – Each month, Value Line analysts recommend small and mid-cap stocks that hold the potential to transform your portfolio by delivering returns that are well above the market average.
            c. Value Line Select ETFs – Each month, Value Line analysts sift through the myriad investment possibilities to identify the one exchange traded fund that appears best positioned to outperform the market.
            d. Value Line Select: Dividend Income & Growth – Each month Value Line analysts make two stock recommendations that are expected to provide above-average current income along with appealing long-term dividend growth prospects.
            e. The Value Line ETFs Service – includes data, information, and analysis on more than 2,800 exchange-traded funds (ETFs), to help subscribers select the best fit for their portfolios.
            f. The Value Line M&A Service – Value Line analysts highlight one company each month that is a candidate to be acquired by a larger entity at a material premium to the current stock price.
            g. Value Line Information You Should Know wealth newsletter – Value Line focuses on financial planning and investment issues that matter for today’s investor.
            h. The Value Line Climate Change Investing Service – Value Line analysts target a critical issue – climate change, which is expected to spur transformation in the global economy for decades to come
            i. Certain Value Line copyrights distributed under agreements including proprietary ranking system information and other information used in 3rd party products
            j. The Value Line Options Survey – information and ranks on more than 600,000 options on stocks covering 90% of the market.
            k. The Value Line Fund Adviser Plus – covers 20,000 funds, grouped into more than 30 Investment Objective Categories. Our proprietary Ranking System makes it simple to tell whether or not a particular fund is a worthwhile investment. Our approach helps to ensure that investors avoid funds with unsustainable short-term performance, and you can count on our Safety ™ rank to help manage your risk. Our professionally selected Model Portfolio names the best Exchange-Traded funds in eight key categories.
            l. The Value Line Investment Survey–Small & Mid Cap – print and digital financial information and quantitative analysis on approximately 1,800 companies with market capitalizations of less than $10 billion.
            m. The Value Line 600 in-depth, independent print research on 600 large and prominent companies
            n. The Value Line Investment Survey–Selection & Opinion – Value Line’s weekly economic and stock market commentary, four Model Portfolios, which are actively managed, updated each week, and always contain 20 equities each.
            o. The Value Line Investment Survey–Smart Investor a digital service providing investment research covering large, mid and small-cap stocks comprising about 90% of the total U.S. stock market
            p. The Value Line Investment Survey–Small Cap Investor – digital financial information and quantitative analysis on approximately 1,800 companies with market capitalizations of less than $10 billion
            q. The Value Line Investment Survey–Savvy Investor – a digital package covering more than 3,000 large, mid and small-cap stocks
            r. The Value Line Investment Survey–Investor 900 – this digital service provides investment research on 600 of the largest cap stocks plus 300 small- and mid-cap stocks
            s. The Value Line Investment Survey–Investor 600 – In-depth, independent digital research on 600 large and prominent companies
            t. The Value Line Investment Survey–Investor 2400 – This digital service provides investment research for 600 of the largest cap stocks plus approximately 1,800 small and mid-cap stocks
            u. The Value Line Investment Analyzer – This digital only service covers large, mid and small cap stocks comprising about 90% of the U.S. stock market
            v. Value Line Investment Analyzer Plus – a digital service that provides complete stock analysis for approximately 6,000 equities
            w. Value Line Research Center – A complete, online investment research system that includes all the financial information and tools needed to structure a well-researched and diversified portfolio for stocks, ETFs and mutual funds
            x. Value Line Equity Research Center – A complete, online investment research system that includes all of Value Line’s equity research products needed to structure a well-researched and diversified portfolio for equities

            Value Line’s products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE (1-800-825-8354).

            Institutional services for professional investors, advisors, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com, www.ValueLineLibrary.com and by calling 1-800-531-1425.

    Cautionary Statement Regarding Forward-Looking Information  

            In this report, “Value Line,” “we,” “us,” “our” refers to Value Line, Inc. and “the Company” refers to Value Line and its subsidiaries unless the context otherwise requires.

            This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar or negative expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. (“Value Line” or “the Company”) may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following:

    • maintaining revenue from subscriptions for the Company’s digital and print published products;
    • changes in investment trends and economic conditions, including global financial issues;
    • changes in Federal Reserve policies affecting interest rates and liquidity along with resulting effects on equity markets;
    • stability of the banking system, including the success of U.S. government policies and actions in regard to banks with liquidity or capital issues, along with the associated impact on equity markets;
    • continuation of orderly markets for equities and corporate and governmental debt securities;
    • problems protecting intellectual property rights in Company methods and trademarks;
    • problems protecting confidential information including customer confidential or personal information that we may possess;
    • dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management (“EAM” or “EAM Trust”), and accordingly on its management, investment, and sales personnel. EAM Trust is a Delaware statutory trust, which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services;
    • fluctuations in EAM’s and third-party copyright assets under management due to evaluations by outside rating agencies, broadly based changes in the values of equity and debt securities, market sector variations, redemptions by investors and other factors;
    • possible changes in the valuation of EAM’s intangible assets from time to time;
    • possible changes in future revenues or collection of receivables from significant customers;
    • dependence on key executive and specialist personnel of signification supplier and other firms;
    • risks associated with the outsourcing of certain functions, technical facilities, and operations, including in some instances outside the U.S.;
    • risks of increased tariffs and other restrictions affecting the cost and availability of materials, equipment, and other necessary inputs to the Company’s operations;
    • competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices and fees, and the mix of services delivered;
    • the impact of government regulation on the Company’s and EAM’s businesses;
    • federal and/or state legislative changes that might affect Value Line’s business;
    • the availability of free or low cost investment information through discount brokers or generally over the internet;
    • the economic and other impacts of global political and military conflicts;
    • continued availability of generally dependable energy supplies, transportation facilities, digital data and telephone transmission infrastructure in the geographic areas in which the company and certain suppliers operate;
    • terrorist attacks, cyber attacks and natural disasters;
    • the need for changes in our business plans because of unexpected events that occur;
    • widespread illnesses which may drastically affect markets, employment, and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers, and operations;
    • changes in prices and availability of materials and other inputs and services, such as financial data, freight and postage, required by the Company;
    • risk of inadequacy of our insurance coverage to compensate for potential losses;
    • potential impact of vendors’ consolidation;
    • risk of unanticipated failures in legacy systems that could interrupt regular publishing schedules;
    • other risks and uncertainties, including but not limited to the risks described in Part I, Item 1A, “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended April 30, 2024 and in Part II, Item 1A of the Quarterly Report on Form 10-Q for the period ended January 31, 2025; and other risks and uncertainties arising from time to time.

            These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control could also have material adverse effects on future results. Likewise, changes we make in our plans, objectives, strategies, or intentions, which may occur at any time in our discretion, could also have material favorable or adverse effects on our future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC’s rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein.

    Contact: Howard A. Brecher 
    Value Line, Inc.
    212-907-1500

    www.valueline.com
    www.ValueLinePro.com, www.ValueLineLibrary.com
    Facebook | LinkedIn | Twitter
    Complimentary Value Line® Reports on Dow 30 Stocks

    The MIL Network

  • MIL-OSI: Value Line, Inc. Declares a Quarterly Cash Dividend of $0.325 Per Common Share

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — Value Line, Inc. (NASDAQ: VALU) announced today that its Board of Directors declared on July 18, 2025 a quarterly cash dividend of $0.325 per common share, payable on August 11, 2025, to stockholders of record on July 28, 2025. The Company has 9,409,522 shares of common stock outstanding as of July 18, 2025.

            Value Line is a leading provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity research.

            Value Line publishes proprietary investment research in separate print and digital formats.

            Value Line provides these specialized services:
            a. Value Line Select – Each month, Value Line analysts recommend the one exceptional stock with superior profit potential and a favorable risk/reward ratio.
            b. The Value Line Special Situations Service – Each month, Value Line analysts recommend small and mid-cap stocks that hold the potential to transform your portfolio by delivering returns that are well above the market average.
            c. Value Line Select ETFs – Each month, Value Line analysts sift through the myriad investment possibilities to identify the one exchange traded fund that appears best positioned to outperform the market.
            d. Value Line Select: Dividend Income & Growth – Each month Value Line analysts make two stock recommendations that are expected to provide above-average current income along with appealing long-term dividend growth prospects.
            e. The Value Line ETFs Service – includes data, information, and analysis on more than 2,800 exchange-traded funds (ETFs), to help subscribers select the best fit for their portfolios.
            f. The Value Line M&A Service – Value Line analysts highlight one company each month that is a candidate to be acquired by a larger entity at a material premium to the current stock price.
            g. Value Line Information You Should Know wealth newsletter – Value Line focuses on financial planning and investment issues that matter for today’s investor.
            h. The Value Line Climate Change Investing Service – Value Line analysts target a critical issue – climate change, which is expected to spur transformation in the global economy for decades to come
            i. Certain Value Line copyrights distributed under agreements including proprietary ranking system information and other information used in 3rd party products
            j. The Value Line Options Survey – information and ranks on more than 600,000 options on stocks covering 90% of the market.
            k. The Value Line Fund Adviser Plus – covers 20,000 funds, grouped into more than 30 Investment Objective Categories. Our proprietary Ranking System makes it simple to tell whether or not a particular fund is a worthwhile investment. Our approach helps to ensure that investors avoid funds with unsustainable short-term performance, and you can count on our Safety ™ rank to help manage your risk. Our professionally selected Model Portfolio names the best Exchange-Traded funds in eight key categories.
            l. The Value Line Investment Survey–Small & Mid Cap – print and digital financial information and quantitative analysis on approximately 1,800 companies with market capitalizations of less than $10 billion.
            m. The Value Line 600 in-depth, independent print research on 600 large and prominent companies
            n. The Value Line Investment Survey–Selection & Opinion – Value Line’s weekly economic and stock market commentary, four Model Portfolios, which are actively managed, updated each week, and always contain 20 equities each.
            o. The Value Line Investment Survey–Smart Investor a digital service providing investment research covering large, mid and small-cap stocks comprising about 90% of the total U.S. stock market
            p. The Value Line Investment Survey–Small Cap Investor – digital financial information and quantitative analysis on approximately 1,800 companies with market capitalizations of less than $10 billion
            q. The Value Line Investment Survey–Savvy Investor – a digital package covering more than 3,000 large, mid and small-cap stocks
            r. The Value Line Investment Survey–Investor 900 – this digital service provides investment research on 600 of the largest cap stocks plus 300 small- and mid-cap stocks
            s. The Value Line Investment Survey–Investor 600 – In-depth, independent digital research on 600 large and prominent companies
            t. The Value Line Investment Survey–Investor 2400 – This digital service provides investment research for 600 of the largest cap stocks plus approximately 1,800 small and mid-cap stocks
            u. The Value Line Investment Analyzer – This digital only service covers large, mid and small cap stocks comprising about 90% of the U.S. stock market
            v. Value Line Investment Analyzer Plus – a digital service that provides complete stock analysis for approximately 6,000 equities
            w. Value Line Research Center – A complete, online investment research system that includes all the financial information and tools needed to structure a well-researched and diversified portfolio for stocks, ETFs and mutual funds
            x. Value Line Equity Research Center – A complete, online investment research system that includes all of Value Line’s equity research products needed to structure a well-researched and diversified portfolio for equities

            Value Line’s products are available to individual investors by mail, at www.valueline.com or by calling 1-800-VALUELINE (1-800-825-8354).

            Institutional services for professional investors, advisors, corporate, academic, and municipal libraries are offered at www.ValueLinePro.com, www.ValueLineLibrary.com and by calling 1-800-531-1425.

    Cautionary Statement Regarding Forward-Looking Information  

            In this report, “Value Line,” “we,” “us,” “our” refers to Value Line, Inc. and “the Company” refers to Value Line and its subsidiaries unless the context otherwise requires.

            This report contains statements that are predictive in nature, depend upon or refer to future events or conditions (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar or negative expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. (“Value Line” or “the Company”) may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the following:

    • maintaining revenue from subscriptions for the Company’s digital and print published products;
    • changes in investment trends and economic conditions, including global financial issues;
    • changes in Federal Reserve policies affecting interest rates and liquidity along with resulting effects on equity markets;
    • stability of the banking system, including the success of U.S. government policies and actions in regard to banks with liquidity or capital issues, along with the associated impact on equity markets;
    • continuation of orderly markets for equities and corporate and governmental debt securities;
    • problems protecting intellectual property rights in Company methods and trademarks;
    • problems protecting confidential information including customer confidential or personal information that we may possess;
    • dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management (“EAM” or “EAM Trust”), and accordingly on its management, investment, and sales personnel. EAM Trust is a Delaware statutory trust, which serves as the investment advisor to the Value Line Funds and engages in related distribution, marketing and administrative services;
    • fluctuations in EAM’s and third-party copyright assets under management due to evaluations by outside rating agencies, broadly based changes in the values of equity and debt securities, market sector variations, redemptions by investors and other factors;
    • possible changes in the valuation of EAM’s intangible assets from time to time;
    • possible changes in future revenues or collection of receivables from significant customers;
    • dependence on key executive and specialist personnel of signification supplier and other firms;
    • risks associated with the outsourcing of certain functions, technical facilities, and operations, including in some instances outside the U.S.;
    • risks of increased tariffs and other restrictions affecting the cost and availability of materials, equipment, and other necessary inputs to the Company’s operations;
    • competition in the fields of publishing, copyright and investment management, along with associated effects on the level and structure of prices and fees, and the mix of services delivered;
    • the impact of government regulation on the Company’s and EAM’s businesses;
    • federal and/or state legislative changes that might affect Value Line’s business;
    • the availability of free or low cost investment information through discount brokers or generally over the internet;
    • the economic and other impacts of global political and military conflicts;
    • continued availability of generally dependable energy supplies, transportation facilities, digital data and telephone transmission infrastructure in the geographic areas in which the company and certain suppliers operate;
    • terrorist attacks, cyber attacks and natural disasters;
    • the need for changes in our business plans because of unexpected events that occur;
    • widespread illnesses which may drastically affect markets, employment, and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers, and operations;
    • changes in prices and availability of materials and other inputs and services, such as financial data, freight and postage, required by the Company;
    • risk of inadequacy of our insurance coverage to compensate for potential losses;
    • potential impact of vendors’ consolidation;
    • risk of unanticipated failures in legacy systems that could interrupt regular publishing schedules;
    • other risks and uncertainties, including but not limited to the risks described in Part I, Item 1A, “Risk Factors” of the Company’s Annual Report on Form 10-K for the year ended April 30, 2024 and in Part II, Item 1A of the Quarterly Report on Form 10-Q for the period ended January 31, 2025; and other risks and uncertainties arising from time to time.

            These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve external factors over which we may have no control could also have material adverse effects on future results. Likewise, changes we make in our plans, objectives, strategies, or intentions, which may occur at any time in our discretion, could also have material favorable or adverse effects on our future results. Except as otherwise required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC’s rules, we have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking information contained herein.

    Contact: Howard A. Brecher 
    Value Line, Inc.
    212-907-1500

    www.valueline.com
    www.ValueLinePro.com, www.ValueLineLibrary.com
    Facebook | LinkedIn | Twitter
    Complimentary Value Line® Reports on Dow 30 Stocks

    The MIL Network

  • MIL-OSI: Passive Power Surge — Get Reliable Crypto Income Securely with AIXA Miner’s Smart Contracts

    Source: GlobeNewswire (MIL-OSI)

    Denver, Colorado, July 18, 2025 (GLOBE NEWSWIRE) — The crypto space is changing. With Bitcoin supporting firmly around $110K, and altcoins venturing into DeFi, NFTs, and AI territories, experienced investors are no longer following hype-driven speculation. Instead, they are looking for stable, low-risk returns, and AIXA Miner is the catalyst.

    Drive by renewable energy, protected by military-grade encryption, and AI-powered, AIXA Miner is the most trusted platform for passive crypto income. 

    “The smart contracts are open to daily income and offer a return without any manual operation from the users. These are the most performing plans, and this is the reason they are suitable for anyone’s portfolio below.” Spokesperson of AIXA Miner said.

    How AIXA Miner Boosts Crypto Earnings

    The AIXA Miner’s cloud mining concept is designed for simple and trustworthy operation. First, you can register here with your email and get a free $20 bonus that can be used to purchase a free contract for daily sign-ins. Next, go through the AIXA Miner Cloud Mining Contract and choose from various prices, terms, and expected returns.

    Once you have launched a plan, AIXA’s AI goes after the most lucrative mining pools, robotically adjusts the hash power to the highest level, and sends your rewards to your account every day. Upon maturity, your principal comes back without any hidden conditions or fees. The best part is, you could even operate several contracts at once to diversify your stream of money if you want.

    Featured Contracts: Leveraging Income Across Crypto Markets

    Contract Name Investment Duration Daily Earnings Total Return ROI
    DOGE Miner Antminer L7 $550 5 Days $7.32 $550+$36.60 6.65%
    BTC Miner Antminer S17 Pro $1500 10 Days $20.40 $1500+$204.00 13.60%
    BTC Miner Avalon A15XP-206T $6300 15 Days $95.13 $6300+$1426.95 22.65%
    BTC Miner S21e XP Hydro $25000 20 Days $515.00 $25000+$10300.00 41.20%

    Why do these stand out?

    • DOGE Miner Antminer L7 is a great option for short-term gains if you want to test the platform or just have some quick profits with low capital.
    • BTC Miner Antminer S17 Pro rides on the wave of meme-coins while available nearly 13.6% ROI in just two days, which is perfect for a diversified exposure.
    • BTC Miner Avalon A15XP-206T is a mid-tier choice that represents a balance of yield over $1,400 in returns in 15 days.
    • BTC Miner S21e XP Hydro gives high returns for the medium period to those investors who are creating a steady profit machine.

    Activate all or some of the plans, change the proportions according to your risk tolerance, and then sit back while AIXA’s AI automatically optimizes returns for you.

    Affiliate Program + VIP Rewards: Boost Your Returns

    In addition to mining, AIXA gives users the vehicle to grow their income via two proven income funnels.

    Affiliate Program (3-level commission):

    5% on deposits from direct referrals, 2% from users for the second level, and 1% on third-level network activity. No matter if you share casually or in a professional manner, each referral you bring will turn into ongoing, automated income.

    VIP Membership Levels

    As your total investment increases, you move up through the VIP levels(VIP1→VIP10), each step up opening more benefits and higher daily earnings. From the early bonus payouts to the highest cash packages($88→$518,888), this will generate continuous momentum not only in mining but also in community engagement.

    Why 2025 Is the Year to Build Smart Crypto Income?

    • Bitcoin stability + altcoin innovation make an ideal place for diversified income strategies to grow.
    • Stable investments by institutions in ETFs and stablecoins have brought down the volatility in the market, which is very suitable for steady-yield platforms.
    • Cloud infrastructure is globally adopted, and now it allows regular investors to access what was only available to large industrial enterprises.

    AIXA Miner is now offering more environmentally-friendly, efficient, and simpler tools to get an assured income without charts, hodling, or hardware setup.

    Conclusion

    This year, when AI, tokenization, and clean energy are rewriting crypto investment rules, AIXA Miner is definitely a major passive income player. Having daily rewards, no technical barriers, and smart contract schemes that fit every kind of investor, from casual seekers to full-time miners, the platform opens the door for all to make steady crypto profits.

    Whether you are attracted by Bitcoin’s power, Litecoin’s cheap transaction fees, or Dogecoin’s popularity, AIXA Miner provides you with a systemized approach to convert the current trends into future riches. No need to speculate. No disturbing noise. Just easy, intelligent, AI-driven mining that operates when you are resting.

    AIXA Miner is being used by over 1 million people in more than 200 countries to grow their digital assets. If you add a free $20 bonus, green operations, and contracts that can be scaled and start from $100 to this, you will find that there has never been a better moment to start earning.

    Make 2025 your most profitable year in crypto by starting with AIXA Miner today.

    Begin your journey by visiting the Homepage, Register, and selecting your contracts. Earning safe and efficient crypto income is just a click away.

    Company address: 5800 S Quebec St, Greenwood Village, CO 80111, US

    Company email: info@aixaminer.com

    Attachment

    The MIL Network

  • MIL-OSI: BlockchainCloudMining Integrates New Contract Plans for Ethereum Holders can easily earn $7,000 a day

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 18, 2025 (GLOBE NEWSWIRE) — In a major development for Ethereum (ETH) investors, BlockchainCloudMining has unveiled an upgraded passive income solution that allows crypto holders to earn daily returns without trading or managing complex hardware.

    As the world’s second largest cryptocurrency, Ethereum (ETH) has always been the main asset in the minds of investors. But in addition to the traditional logic of holding coins, more and more ETH holders are entering a new passive income track through the Blockchain Cloud Mining model-no hardware, no technical threshold, just holding crypto assets, you can get stable returns every day.

    With the market’s gradual embrace of Ethereum 2.0 and the expansion of the global decentralized finance (DeFi) system, ETH is not only the basis of payment and smart contracts, it is also becoming a “blue chip coin” for passive income tools. In this wave of trends, the Blockchain Cloud Mining platform has risen rapidly, with a unique cloud mining model, building a digital asset appreciation bridge for global users that does not require technical participation but has considerable returns.

    In the current market, although ETH prices fluctuate frequently, the overall positive trend has not changed. Through the diversified contract mechanism provided by the platform, investors can convert ETH into a daily source of income, achieving the ideal state of “holding coins and growing assets”.

    BlockchainCloudMining platform advantages, making Ethereum holders’ income artifact
    Get $12 instant reward after registration.
    High profit level and daily dividends.
    No other service fees or management fees.
    The platform supports more than 9 cryptocurrency settlements, such as DOGE, BTC, ETH, SOL, USDC, USDT, XRP, LTC and BCH.
    The company’s affiliate program allows you to refer friends and get up to $50,000 in referral bonuses.
    ⦁McAfee® security. Cloudflare® security. 100% uptime guarantee and excellent 24/7 manual online technical support.

    Steady progress in market volatility, defensive asset strategy for ETH investors

    As the overall crypto market enters a structural volatility cycle in 2025, many ETH holders have begun to rethink their asset allocation methods. Among the many voices of “cryptocurrency speculation is risky”, cloud mining has become a new trend that is quietly rising. Compared with the high-risk strategy of frequent trading, cloud mining provides a low-volatility, high-certainty, and daily settlement income model. It is especially suitable for holders who are optimistic about the long-term development of the Ethereum ecosystem.

    How to start BlockchainCloudMining? One-minute registration to turn on Ethereum’s “automatic money-making mode” users only need to:
    Step 1: Register an account
    You can register an account by entering your email address and setting a platform login password. After registration, you will receive a $12 registration bonus, which can be used to purchase $12 contracts, with a daily income of $0.6. This plan provides users with free cloud mining services without any financial risk.

    Step 2: Purchase a mining contract
    BlockchainCloudMining offers a variety of mining contract options, such as $100, $500, and $1,000 contracts. Each contract has a unique return on investment (ROI) and a specific contract period. You can earn more efficient and stable income by participating in the following contracts:

    ⦁【New User Experience Contract】: Investment amount: $100, contract period 2 days, total income: $100 + $6.
    ⦁【WhatsMiner M66S】: Investment amount: $500, contract period 7 days, total income: $500 + $45.5.
    ⦁【WhatsMiner M60】: Investment amount: $1000, contract period 14 days, total income: $1000 + $196.
    ⦁【Bitcoin Miner S21+】: Investment amount: $3000, contract period 20 days, total income: $3000 + $900.
    ⦁【ALPH Miner AL1】:Investment amount: $10,000, contract period 35 days, total income: $10,000 + $5,950.
    ⦁【ANTSPACE HK3】:Investment amount: $33,000, contract period 40 days, total income: $33,000 + $26,400.
    You can get income the next day after purchasing the contract, or you can choose to withdraw to your crypto wallet or continue to purchase other contracts. (The platform has launched a variety of stable income contracts, for more contract details, please log in to the official website of Blockchaincloudmining.com)

    In short: ETH is not just holding, but also a source of income
    In the future crypto-financial landscape, the liquidity and income of assets will determine their investment value. Ethereum is not only the token of the next generation of Internet infrastructure, but also the key to a new era of passive income.

    Through BlockchainCloudMining, every ETH investor can transform the passive attitude of “waiting for the rise” into an active layout of “earning money every day”. This is not only a shift in investment strategy, but also an innovation in the way wealth is generated in the blockchain era.

    For more details, please visit the official website: blockchaincloudmining.com
    Or contact the company email: info@blockchaincloudmining.com

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

    The MIL Network

  • MIL-OSI: Chino Commercial Bancorp Reports 25% Increase in Net Earnings

    Source: GlobeNewswire (MIL-OSI)

    CHINO, Calif., July 18, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the second quarter ended June 30, 2025.

    Net earnings for the second quarter of 2025 were $1.54 million, reflecting an increase of $308.5 thousand, or 25.04%, compared to the same period last year. Basic and diluted earnings per share were $0.48 for the second quarter of 2025, up from $0.38 for the same quarter in 2024. Net earnings year-to-date increased by 16.85% or by $417.1 thousand, to $2.89 million, as compared to $2.48 million for the same period last year. Net earnings per share was $0.90 for the period ending June 30, 2025, and $0.77 for the same period last year.

    Dann H. Bowman, President and Chief Executive Officer, stated, “We are very pleased with the Bank’s performance in the second quarter of 2025, which set new records for total Assets, total Deposits, net earnings, and total Capital. Loan quality also remains very strong, with the Bank having no delinquent loans at quarter-end.

    We are also proud to announce the opening of the Bank’s fifth location in Corona during the second quarter. Early business development efforts have been very productive, with the branch already having $20 million in new deposits.

    The Bank’s Merchant Services program continues to deliver reliable credit card processing services for its customers, with significant savings and improved cash-flow options.”

    Financial Condition

    As of June 30, 2025, total assets reached $481.9 million, representing an increase of $15.3 million, or 3.3%, from $466.7 million on December 31, 2024. Total deposits rose by $22.7 million, or 6.5%, to $371.6 million, up from $348.9 million on December 31, 2024. Core deposits accounted for 97.01% of total deposits as of June 30, 2025.

    Gross loans increased by $1.02 million, or 0.5%, totaling $206.3 million as of June 30, 2025, compared to $205.2 million as of December 31, 2024. The Bank reported no delinquent loans, and three non-performing loans on non-accrual status, as of June 30, 2025. As of December 31, 2024, the Bank reported no delinquent loans and five non-performing loans on all on nonaccrual status. There were no Other Real Estate Owned (OREO) properties reported at either date.

    Earnings

    The Company reported net interest income of $3.7 million for the three months ended June 30, 2025, compared to $3.2 million for the same period in 2024. Average interest-earning assets were $414.6 million, while average interest-bearing liabilities totaled $221.9 million, resulting in a net interest margin of 3.69% for the second quarter of 2025. This compares favorably to the prior year’s second-quarter margin of 2.95%, based on average interest-earning assets of $432.2 million and average interest-bearing liabilities of $240.2 million.

    Non-interest income totaled $1.0 million in the second quarter of 2025, an increase of 23.0% compared to $822.0 thousand in the second quarter of 2024. Most of the increase was driven by higher service charges and fees on deposit accounts, which rose to $527.2 thousand—an increase of $66.5 thousand, or 14.5%, compared to $460.6 thousand in the same period last year. Merchant services processing revenue also contributed to the growth, totaling $178.8 thousand for the quarter, up $30.0 thousand, or 20.2%, from $148.8 thousand in the second quarter of 2024.

    General and administrative expenses totaled $2.7 million for the three months ended June 30, 2025, compared to $2.3 million for the same period in 2024. The largest component of these expenses was salary and benefits, which amounted to $1.6 million in the second quarter of 2025, up from $1.4 million in the prior year.

    Income tax expense for the quarter was $614.9 thousand, reflecting an increase of $129.4 thousand, or 26.7%, compared to $485.5 thousand for the same period last year. The Company’s effective income tax rate was approximately 28.5% for the period ending June 30, 2025, and 28.3 for the same period last year.

    Forward-Looking Statements

    The statements contained in this press release that are not historical facts are forward-looking statements based on management’s current expectations and beliefs concerning future developments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward-looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties, including but not limited to, the health of the national and California economies, the Company’s ability to attract and retain skilled employees, customers’ service expectations, the Company’s ability to successfully deploy new technology and gain efficiencies therefrom, and changes in interest rates, loan portfolio performance, and other factors.

    Contact: Dann H. Bowman, President and CEO or Melinda M. Milincu, Senior Vice President and CFO, Chino Commercial Bancorp and Chino Commercial Bank, N.A., 14245 Pipeline Avenue, Chino, CA. 91710, (909) 393-8880.

         
    Consolidated Statements of Financial Condition    
    As of 6/30/2025    
      Jun-2025
    Ending Balance
        Dec-2024
    Ending Balance
     
    Assets    
    Cash and due from banks $56,447,198     $45,256,619  
    Cash and cash equivalents $56,447,198     $45,256,619  
         
    Fed Funds Sold $9,060     $31,029  
         
    Investment securities available for sale, net of zero    
    allowance for credit losses $6,082,331     $6,558,341  
    Investment securities held to maturity , net of zero    
    allowance for credit losses $192,972,194     $190,701,756  
    Total Investments $199,054,525     $197,260,097  
         
    Gross loans held for investments $206,254,179     $205,235,497  
    Allowance for Loan Losses ($4,637,060 )   ($4,623,740 )
    Net Loans $201,617,119     $200,611,757  
    Stock investments, restricted, at cost $3,662,000     $3,576,000  
    Fixed assets, net $8,069,987     $7,255,785  
    Accrued Interest Receivable $1,532,213     $1,539,505  
    Bank Owned Life Insurance $8,600,690     $8,482,043  
    Other Assets $3,492,678     $3,170,159  
         
    Total Assets $481,978,760     $466,678,432  
         
    Liabilities    
    Deposits    
    Noninterest-bearing $172,049,944     $166,668,725  
    Interest-bearing $199,527,255     $182,200,703  
    Total Deposits $371,577,199     $348,869,428  
         
    Federal Home Loan Bank advances $10,000,000     $0  
    Federal Reserve Bank borrowings $40,000,000     $60,000,000  
    Subordinated debt $10,000,000     $10,000,000  
    Subordinated notes payable to subsidiary trust $3,093,000     $3,093,000  
    Accrued interest payable $220,193     $132,812  
    Other Liabilities $1,730,432     $1,877,996  
    Total Liabilities $436,620,824     $423,973,236  
         
    Shareholder Equity    
    Common Stock ** $10,502,558     $10,502,558  
    Retained Earnings $36,952,444     $34,059,943  
    Unrealized Gain (Loss) AFS Securities ($2,097,066 )   ($1,857,305 )
    Total Shareholders’ Equity $45,357,936     $42,705,196  
         
    Total Liab & Shareholders’ Equity $481,978,760     $466,678,432  
         
    ** Common stock, no par value, 10,000,000 shares authorized and 3,211,970 shares issued and outstanding at 6/30/2025 and 12/31/2024
         
             
    Consolidated Statements of Net Income
    As of 6/30/2025
      Jun-2025
    QTD Balance
        Jun-2024
    QTD Balance
        Jun-2025
    YTD Balance
        Jun-2024
    YTD Balance
     
    Interest Income        
    Interest & Fees On Loans $3,373,949     $2,801,198     $6,695,566     $5,528,999  
    Interest on Investment Securities $1,776,975     $1,945,563     $3,479,765     $3,881,668  
    Other Interest Income $176,702     $489,331     $433,028     $1,520,279  
    Total Interest Income $5,327,626     $5,236,092     $10,608,359     $10,930,946  
             
    Interest Expense        
    Interest on Deposits $1,255,426     $1,054,734     $2,445,727     $2,087,669  
    Interest on Borrowings $273,228     $997,524     $743,147     $2,310,217  
    Total Interest Expense $1,528,654     $2,052,258     $3,188,874     $4,397,886  
             
    Net Interest Income $3,798,972     $3,183,834     $7,419,485     $6,533,060  
             
    Provision For Loan Losses ($2,622 )   $1,794     $8,082     ($1,139 )
             
    Net Interest Income After Provision for Loan Losses $3,801,594     $3,182,040     $7,411,403     $6,534,199  
             
    Noninterest Income        
    Service Charges and Fees on Deposit Accounts $527,202     $460,658     $1,033,560     $900,515  
    Interchange Fees $110,482     $102,761     $216,951     $195,033  
    Earnings from Bank-Owned Life Insurance $60,373     $58,579     $118,647     $114,875  
    Merchant Services Processing $178,751     $148,770     $320,047     $281,538  
    Other Miscellaneous Income $134,621     $51,250     $177,814     $103,522  
             
    Total Noninterest Income $1,011,429     $822,018     $1,867,019     $1,595,483  
             
    Noninterest Expense        
    Salaries and Employee Benefits $1,632,294     $1,420,868     $3,220,764     $2,922,295  
    Occupancy and Equipment $219,906     $168,404     $401,359     $332,473  
    Merchant Services Processing $69,552     $73,394     $146,593     $144,603  
    Other Expenses $736,190     $624,150     $1,466,453     $1,280,128  
             
    Total Noninterest Expense $2,657,942     $2,286,816     $5,235,169     $4,679,499  
             
    Income Before Income Tax Expense $2,155,080     $1,717,243     $4,043,251     $3,450,182  
    Provision For Income Tax $614,855     $485,492     $1,150,750     $974,758  
             
    Net Income $1,540,225     $1,231,751     $2,892,501     $2,475,424  
             
    Basic earnings per share $ 0.48     $ 0.38     $ 0.90     $ 0.77  
             
    Diluted earnings per share $ 0.48     $ 0.38     $ 0.90     $ 0.77  
             
             
    Financial Highlights        
    As of 6/30/2025        
      Jun-2025
    QTD
        Jun-2024
    QTD
        Jun-2025
    YTD
        Jun-2024
    YTD
     
    Key Financial Ratios        
    Annualized Return on Average Equity   13.88%       12.61%       13.32%       12.85%  
    Annualized Return on Average Assets   1.41%       1.08%       1.32%       1.04%  
    Net Interest Margin   3.69%       2.95%       3.60%       2.91%  
    Core Efficiency Ratio   55.25%       57.09%       56.37%       57.57%  
    Net Chargeoffs/Recoveries to Average Loans   0.00%       0.00%       -0.01%       0.00%  
             
      3 month ended
    Jun-2025
    QTD Avg
        3 month ended
    Jun-2024
    QTD Avg
        Jun-2025
    YTD Avg
        Jun-2024
    YTD Avg
     
    Average Balances        
    (thousands, unaudited)        
    Average assets $440,184     $458,364     $442,199     $475,291  
    Average interest-earning assets $414,576     $432,215     $416,766     $450,774  
    Average interest-bearing liabilities $221,881     $240,214     $226,466     $258,566  
    Average gross loans $206,619     $187,788     $207,296     $184,961  
    Average deposits $369,282     $331,088     $363,382     $330,519  
    Average equity $44,617     $39,172     $43,924     $38,623  
             
      Jun-2025
    QTD
        Dec-2024
    YTD
           
    Credit Quality        
    Non-performing loans $833,565     $1,228,165        
    Non-performing loans to total loans   0.40%       0.60%        
    Non-performing loans to total assets   0.17%       0.26%        
    Allowance for credit losses to total loans   2.25%       2.25%        
    Nonperforming assets as a percentage of total loans and OREO   0.40%       0.60%        
    Allowance for credit losses to non-performing loans   556.29%       376.48%        
             
    Other Period-end Statistics        
    Shareholders equity to total assets   9.41%       9.15%        
    Net Loans to Deposits   54.12%       57.36%        
    Non-interest bearing deposits to total deposits   46.30%       47.77%        
    Company Leverage Ratio   11.48%       10.40%        
    Core Deposits / Total Deposits   97.01%       97.31%        
             

    The MIL Network

  • MIL-OSI: Nasdaq statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — Today, Nasdaq issued the following statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it.

    Nasdaq is aware of the preliminary proxy that was filed by Invesco QQQ Trust and the proposals contained within it. Invesco and Nasdaq were engaged in dialogue as Invesco explored bringing these proposals to shareholders.

    The proposed change to the Trust structure does not alter the terms of Nasdaq’s licensing arrangements with Invesco nor the administration of the Nasdaq-100® Index. If the proposals are approved, Invesco will pay the associated license fee out of its unitary management fee, as compared to the current state where the license fee is paid by QQQ directly.

    We remain committed to our strategic partnership with Invesco and delivering the trusted benchmark on which investors rely.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements regarding our future financial results and our partnerships, agreements, products and services. Further information on these and other factors are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise

    -NDAQF-

    Media Contacts: Maximilian Leitenberger, Nasdaq, Maximilian.leitenberger@nasdaq.com

    Investor Relations Contact: Ato Garrett, Ato.Garrett@Nasdaq.com

    The MIL Network

  • MIL-OSI: Nasdaq statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — Today, Nasdaq issued the following statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it.

    Nasdaq is aware of the preliminary proxy that was filed by Invesco QQQ Trust and the proposals contained within it. Invesco and Nasdaq were engaged in dialogue as Invesco explored bringing these proposals to shareholders.

    The proposed change to the Trust structure does not alter the terms of Nasdaq’s licensing arrangements with Invesco nor the administration of the Nasdaq-100® Index. If the proposals are approved, Invesco will pay the associated license fee out of its unitary management fee, as compared to the current state where the license fee is paid by QQQ directly.

    We remain committed to our strategic partnership with Invesco and delivering the trusted benchmark on which investors rely.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements regarding our future financial results and our partnerships, agreements, products and services. Further information on these and other factors are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise

    -NDAQF-

    Media Contacts: Maximilian Leitenberger, Nasdaq, Maximilian.leitenberger@nasdaq.com

    Investor Relations Contact: Ato Garrett, Ato.Garrett@Nasdaq.com

    The MIL Network

  • MIL-OSI: 21Shares Files for 21Shares FTSE Crypto 10 Index ETF and 21Shares FTSE Crypto 10 ex-BTC Index ETF

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — 21Shares US LLC today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for two Funds, the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF.

    The exchange-traded funds are the first crypto basket ETFs to be registered under the Investment Company Act of 1940. Each Fund is designed to offer diversified exposure to the crypto market through dedicated indexes, constructed by 21Shares and maintained by FTSE Russell.

    • The 21Shares FTSE Crypto 10 Index ETF tracks a market cap-weighted index of the top ten largest crypto assets globally. This index dynamically adjusts to reflect the size and success of each asset, allowing the market itself to determine the leaders. Larger, more relevant cryptocurrencies naturally hold greater weights, capturing the evolving landscape of the crypto space.
    • The 21Shares FTSE Crypto 10 ex-BTC Index ETF tracks a separate FTSE Russell index that excludes Bitcoin, investing exclusively in cryptocurrencies and blockchain networks that focus on real-world applications beyond Bitcoin’s macro hedge proposition.

    Asset inclusion in the index is subject to a dual-layer research review by both FTSE Russell and 21Shares.

    Structured as 1940 Act funds, the ETFs also offer investors a familiar and more tax-efficient vehicle, qualifying for Form 1099 tax reporting instead of the more complex K-1 forms often associated with other structures.

    “These filings represent a step in 21Shares’ regulatory engagement in the U.S.,” said Federico Brokate, Head of U.S. Business at 21Shares. “Investors are increasingly looking for diversified and easy-to-access ways to participate in the long-term growth of digital assets, and 21Shares aims to provide ETF structures to satisfy this demand, subject to regulatory approval.”

    “The methodology and structure behind our digital asset pricing and indices were developed to give investors strategic allocation tools”, said Kristen Mierzwa, Head of Digital Assets at FTSE Russell. “Collaborating with 21Shares on a market exposure pair – with and without Bitcoin – underscores our commitment to innovation in digital asset investing.”

    21Shares is launching the two Funds in partnership with ETF Solutions by Teucrium, who serves as the adviser and white-label platform supporting the development and efficient market entry of these products.

    A registration statement relating to the Funds has been filed with the SEC but has not yet become effective.

    About 21Shares

    21Shares AG, an affiliate of 21Shares US LLC, the sponsor to the 21Shares FTSE Crypto 10 Index ETF and 21Shares FTSE Crypto 10 ex-BTC Index ETF, is one of the world’s leading cryptocurrency exchange traded product providers, and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialised research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

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

    Media Contact

    Matteo Valli: matteo.valli@21shares.com
    Alethea Jadick: ajadick@sloanepr.com

    Important Information

    The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities or financial instruments in any jurisdiction, including the United States. Some of the information published herein may contain forward-looking statements and readers are cautioned that any such forward-looking statements are not guarantees of future performance, involve risks and uncertainties, and actual results may differ. Additionally, there is no guarantee as to the accuracy, completeness, timeliness, or availability of the information provided and 21.co and its affiliated entities are not responsible for any errors or omissions. The information contained herein may not be considered as economic, legal, tax, or other advice and viewers are cautioned not to base investment or any other decisions on the content hereof. Investments in crypto-related securities involve significant risk, including volatility and regulatory uncertainty. There is no guarantee that the Funds will be approved by the SEC or made available to investors.

    A registration statement relating to the securities of the Index ETFs has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

    The MIL Network

  • MIL-OSI: 21Shares Files for 21Shares FTSE Crypto 10 Index ETF and 21Shares FTSE Crypto 10 ex-BTC Index ETF

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — 21Shares US LLC today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for two Funds, the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF.

    The exchange-traded funds are the first crypto basket ETFs to be registered under the Investment Company Act of 1940. Each Fund is designed to offer diversified exposure to the crypto market through dedicated indexes, constructed by 21Shares and maintained by FTSE Russell.

    • The 21Shares FTSE Crypto 10 Index ETF tracks a market cap-weighted index of the top ten largest crypto assets globally. This index dynamically adjusts to reflect the size and success of each asset, allowing the market itself to determine the leaders. Larger, more relevant cryptocurrencies naturally hold greater weights, capturing the evolving landscape of the crypto space.
    • The 21Shares FTSE Crypto 10 ex-BTC Index ETF tracks a separate FTSE Russell index that excludes Bitcoin, investing exclusively in cryptocurrencies and blockchain networks that focus on real-world applications beyond Bitcoin’s macro hedge proposition.

    Asset inclusion in the index is subject to a dual-layer research review by both FTSE Russell and 21Shares.

    Structured as 1940 Act funds, the ETFs also offer investors a familiar and more tax-efficient vehicle, qualifying for Form 1099 tax reporting instead of the more complex K-1 forms often associated with other structures.

    “These filings represent a step in 21Shares’ regulatory engagement in the U.S.,” said Federico Brokate, Head of U.S. Business at 21Shares. “Investors are increasingly looking for diversified and easy-to-access ways to participate in the long-term growth of digital assets, and 21Shares aims to provide ETF structures to satisfy this demand, subject to regulatory approval.”

    “The methodology and structure behind our digital asset pricing and indices were developed to give investors strategic allocation tools”, said Kristen Mierzwa, Head of Digital Assets at FTSE Russell. “Collaborating with 21Shares on a market exposure pair – with and without Bitcoin – underscores our commitment to innovation in digital asset investing.”

    21Shares is launching the two Funds in partnership with ETF Solutions by Teucrium, who serves as the adviser and white-label platform supporting the development and efficient market entry of these products.

    A registration statement relating to the Funds has been filed with the SEC but has not yet become effective.

    About 21Shares

    21Shares AG, an affiliate of 21Shares US LLC, the sponsor to the 21Shares FTSE Crypto 10 Index ETF and 21Shares FTSE Crypto 10 ex-BTC Index ETF, is one of the world’s leading cryptocurrency exchange traded product providers, and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialised research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

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

    Media Contact

    Matteo Valli: matteo.valli@21shares.com
    Alethea Jadick: ajadick@sloanepr.com

    Important Information

    The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities or financial instruments in any jurisdiction, including the United States. Some of the information published herein may contain forward-looking statements and readers are cautioned that any such forward-looking statements are not guarantees of future performance, involve risks and uncertainties, and actual results may differ. Additionally, there is no guarantee as to the accuracy, completeness, timeliness, or availability of the information provided and 21.co and its affiliated entities are not responsible for any errors or omissions. The information contained herein may not be considered as economic, legal, tax, or other advice and viewers are cautioned not to base investment or any other decisions on the content hereof. Investments in crypto-related securities involve significant risk, including volatility and regulatory uncertainty. There is no guarantee that the Funds will be approved by the SEC or made available to investors.

    A registration statement relating to the securities of the Index ETFs has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

    The MIL Network

  • MIL-OSI: PMGC Holdings Inc. Completes Acquisition of CNC Machining Company – AGA Precision Systems LLC

    Source: GlobeNewswire (MIL-OSI)

    • Adds $1.39 Million in Cash-Flow-Positive Revenue from a CNC Machining, Mold Manufacturing, and Specialty Metals Operation Serving the Aerospace, Defense, and Industrial Markets.
    • Adds to PMGC’s U.S. Manufacturing Revenue Through a Second Bolt-On Acquisition Under Its Roll-Up Strategy, Bringing Estimated Total Annualized Revenue to Over $2.25 Million.

    NEWPORT BEACH, Calif., July 18, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (Nasdaq: ELAB) (the “Company,” “PMGC” or “we”), a diversified public holding company, today announced that it has completed the acquisition of AGA Precision Systems LLC (“AGA”), a California-based CNC machining business that generated over $1.39 million in revenue in 2024 and has a track record of profitability. The transaction reflects PMGC’s continued focus at both the management and strategic levels on acquiring U.S.-based, cash-flow-positive industrial businesses with capabilities that strengthen mission-critical supply chains. It also aligns with broader industry momentum toward US based manufacturing, reshoring, which are revitalizing America’s aerospace, defense, and precision manufacturing sectors.

    About AGA Precision Systems LLC

    AGA Precision Systems LLC is a specialized CNC machine shop focused on high-tolerance milling, turning, mold manufacturing, and machining of complex metals including titanium and Inconel. The company serves customers across the aerospace, defense, and industrial sectors, delivering precision components to demanding technical specifications.

    Founded over a decade ago, AGA has built a strong reputation for quality and reliability, having grown its business exclusively through referrals and repeat orders without a formal sales or marketing function. Its long-standing customer relationships and niche capabilities have supported consistent operating profitability from its base in California. The company will continue operations with existing leadership and under the guidance of a new experienced machine shop management team, supported by strategic and financial oversight from PMGC.

    In 2024, AGA generated $1,390,000 in revenue and was earnings before interest, tax, depreciation and amortization (EBITDA) positive.

    Strategic Rationale

    The acquisition of AGA aligns with PMGC’s broader strategy of acquiring specialized, U.S.-based manufacturing businesses with strong fundamentals, consistent earnings, and long-term growth potential. AGA’s technical expertise and positioning across mission-critical industries make it a strategic addition to PMGC’s operating portfolio.

    “AGA Precision Systems exemplifies our focus on acquiring high-quality, resilient businesses vital to U.S. manufacturing,” said Graydon Bensler, Chief Executive Officer of PMGC Holdings Inc., managed through GB Capital Ltd. “Its expertise in specialty metals, long-standing customer relationships, and role in critical supply chains add strong operational and strategic value to our platform.”

    PMGC intends to support AGA’s continued growth through targeted investments in business development, production efficiency, and resource planning. The Company also sees long-term opportunity to deepen AGA’s footprint across defense and industrial programs requiring reliable, U.S.-based suppliers.

    Industry Outlook

    The global CNC machine tool market is projected to grow from $100.5 billion in 2024 to $109.1 billion in 2025, reaching over $200 billion by 2033i. Growth is driven by demand from aerospace, defense, and industrial sectors, alongside reshoring efforts supported by the CHIPS and Inflation Reduction Acts.

    AGA marks PMGC’s second completed acquisition this quarter, following the acquisition of Pacific Sun Packaging on July 10, 2025. The Company has two additional pending acquisitions previously announced and continues to pursue further opportunities in cash-flow-positive U.S.-based manufacturing and industrial businesses.

    PMGC acquired 100% of the issued and outstanding interests in AGA for $650,000 in cash with no debts or liabilities.

    About AGA Precision Systems LLC

    AGA Precision Systems LLC is a California-based CNC machining company specializing in high-tolerance milling, turning, mold manufacturing, and the machining of metals such as titanium and Inconel. The company serves customers across aerospace, defense, space, and industrial markets.

    About PMGC Holdings Inc.

    PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across various industries. We are committed to exploring opportunities in multiple sectors to maximize growth and value. For more information, please visit https://www.pmgcholdings.com.

    Forward-Looking Statements

    Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

    Investor Relations Contact:

    IR@pmgcholdings.com


    iCNC Machine Tool Market Size, Share & Growth By 2033

    The MIL Network

  • MIL-OSI: Five Star Bancorp Declares Second Quarter Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    RANCHO CORDOVA, Calif., July 18, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), announced today the declaration of a cash dividend of $0.20 per share on the Company’s voting common stock. The dividend is expected to be paid on August 11, 2025, to shareholders of record as of August 4, 2025.

    About Five Star Bancorp
    Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. The Bank has eight branches in Northern California. For more information, visit https://www.fivestarbank.com.

    Special Note Concerning Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent plans, estimates, objectives, goals, guidelines, expectations, intentions, projections, and statements of the Company’s beliefs concerning future events, business plans, objectives, expected operating results, and the assumptions upon which those statements are based. Forward-looking statements include without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan,” or words or phases of similar meaning. The Company cautions that the forward-looking statements are based largely on the Company’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company’s control. Such forward-looking statements are based on various assumptions (some of which may be beyond the Company’s control) and are subject to risks and uncertainties, which change over time, and other factors, which could cause actual results to differ materially from those currently anticipated. New risks and uncertainties may emerge from time to time, and it is not possible for the Company to predict their occurrence or how they will affect the Company. If one or more of the factors affecting the Company’s forward-looking information and statements proves incorrect, then the Company’s actual results, performance, or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, the Company cautions you not to place undue reliance on the Company’s forward-looking information and statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the three months ended March 31, 2025, in each case under the section entitled “Risk Factors,” and other documents filed by the Company with the Securities and Exchange Commission from time to time.

    The Company disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.

    Investor Contact:
    Heather C. Luck, Chief Financial Officer
    Five Star Bancorp
    (916) 626-5008
    hluck@fivestarbank.com

    Media Contact:
    Shelley R. Wetton, Chief Marketing Officer
    Five Star Bancorp
    (916) 284-7827
    swetton@fivestarbank.com

    The MIL Network

  • MIL-OSI: DOT Miners launches new XRP and DOGE cloud mining channels to promote multi-currency income

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 18, 2025 (GLOBE NEWSWIRE) — DOT Miners, the world’s leading cloud mining platform, announced today that it has officially launched a dual-currency income channel supporting XRP and DOGE, providing platform users with more flexible and diverse income options. This move is an important part of DOT Miners’ continued deepening of multi-currency computing power services, aiming to help users achieve more robust asset appreciation in the current volatile market.

    New channel opened: support for mainstream currencies, balancing stability and potential
    As XRP approaches its historical high of $3.40 again, and DOGE continues to be active with community support, the market demand for these two popular assets continues to grow. DOT Miners has opened exclusive channels for XRP and DOGE. Users can directly participate in mining and obtain daily income through the platform without converting assets. All income is automatically settled on a daily basis and can be withdrawn at any time.

    The technical director of the platform said:

    “XRP and DOGE have a huge holding base and extremely high community popularity. We have customized cloud mining channels for these two currencies for users, combined with the platform’s original BTC, ETH, LTC and other currencies, to further enrich users’ diversified investment paths.”

    Three Simple Steps to Start Your Cloud Mining Journey

    1. Choose DOT Miners: Whether you are new to digital assets or an experienced investor, a small investment is all it takes to start earning daily income.
    2. Register an Account: Visit the official website www.dotminers.com to register an account and receive a $15 registration bonus to begin your mining journey.
    3. Select a Mining Plan: DOT Miners offers a variety of tailored mining contracts to meet different investment needs and budgets, ensuring flexibility and accessibility for users worldwide.

    Some are the examples of the contract:

    Novice Miner
    Investment: $100 | Cycle: 2 days | Daily income: $3.5 | Expiration income: $100+$7

    Starter Miner
    Investment: $500 | Cycle: 7 days | Daily income: $6 | Expiration income: $500+$42

    Pro Miner
    Investment: $3,100 | Cycle: 20 days | Daily income: $42.47 | Expiration income: $3,100+$849.4

    Pro Miner
    Investment: $5,100 | Cycle: 33 days | Daily income: $74.46 | Expiration income: $5,100+$2457.18

    Prime Miner
    Investment: $10,000 | Period: 40 days | Daily income: $155 | Expiration income: $10,000+$6200

    Prime Miner
    Investment: $28000 | Period: 45 days | Daily income: $498.4 | Expiration income: $28,000+$22428

    Quantum Miner
    Investment: $150,000 | Period: 45 days | Daily income: $3000 | Expiration income: $150,000+$135000

    All income is settled daily, and users can withdraw or reinvest freely once their account balance reaches $100, offering full transparency and efficiency.

    Why More Investors Are Choosing DOT Miners

    • Global Compliance: The platform is registered in the UK, operates under strict financial regulations, and supports full transparency and auditing.
    • Zero Threshold Entry: No mining hardware or technical knowledge required—start earning with just a few simple clicks.
    • Green Energy Support: Data centers located in Northern Europe and Africa are powered by 100% renewable energy, ensuring environmental sustainability.
    • Multi-Currency Payment: Supports major cryptocurrencies such as USDT, BTC, ETH, BNB, XRP, SOL, etc., offering flexible and convenient funding options.
    • Strong Backing: Supported by strategic investment from mining giant Bitmain, DOT Miners has a solid foundation and continuous development momentum.
    • Advanced Security: Comprehensive asset protection with Cloudflare security, EV SSL encryption, and multi-factor authentication.

    About DOT Miners

    DOT Miners is a UK-headquartered technology investment company specializing in Bitcoin cloud mining services. The platform has served users in more than 100 countries and is dedicated to promoting the adoption of blockchain infrastructure through technological and financial innovation.

    DOT Miners also actively participates in charitable initiatives, supporting global financial education and digital inclusion projects to help more people understand and access the world of cryptocurrencies.

    Learn more at: www.dotminers.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network