Category: GlobeNewswire

  • MIL-OSI: Ninepoint Partners Announces Final March 2025 Cash Distribution for Ninepoint Cash Management Fund – ETF Series

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 28, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final March 2025 cash distribution for the Ninepoint Cash Management Fund – ETF Series. The record date for the distribution is March 31, 2025. This distribution is payable on April 7, 2025.

    The per-unit final March 2025 distribution is detailed below:

    Ninepoint ETF Series Ticker Cash Distribution per
    unit
    Notional Distribution per
    unit
    CUSIP
    Ninepoint Cash
    Management Fund
    NSAV $0.12697 $0.00000 65443X105

    About Ninepoint Partners

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

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

    Ninepoint Partners LP is the investment manager to the Ninepoint Funds (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the Funds. Please read the prospectus carefully before investing. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Fund may be lawfully sold in their jurisdiction.

    Please note that distribution factors (breakdown between income, capital gains and return of capital) can only be calculated when a fund has reached its year-end. Distribution information should not be relied upon for income tax reporting purposes as this is only a component of total distributions for the year. For accurate distribution amounts for the purpose of filing an income tax return, please refer to the appropriate T3/T5 slips for that particular taxation year. Please refer to the prospectus or offering memorandum of each Fund for details of the Fund’s distribution policy.

    The payment of distributions and distribution breakdown, if applicable, is not guaranteed and may fluctuate. The payment of distributions should not be confused with a Fund’s performance, rate of return, or yield. If distributions paid by the Fund are greater than the performance of the Fund, then an investor’s original investment will shrink. Distributions paid as a result of capital gains realized by a Fund and income and dividends earned by a Fund are taxable in the year they are paid. An investor’s adjusted cost base will be reduced by the amount of any returns of capital. If an investor’s adjusted cost base goes below zero, then capital gains tax will have to be paid on the amount below zero.

    Sales Inquiries:

    Ninepoint Partners LP
    Neil Ross
    416-945-6227
    nross@ninepoint.com

    The MIL Network

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 28.03.2025

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    28 March 2025 at 22:30 EET

    Nokia Corporation: Repurchase of own shares on 28.03.2025

    Espoo, Finland – On 28 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 2,831,492 4.90
    CEUX 1,500,000 4.90
    BATE
    AQEU 184,539 4.89
    TQEX 150,000 4.89
    Total 4,666,031 4.90

    * Rounded to two decimals

    On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million.

    Total cost of transactions executed on 28 March 2025 was EUR 22,850,954. After the disclosed transactions, Nokia Corporation holds 209,385,537 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network

  • MIL-OSI: United Community Banks, Inc. Announces Date for First Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    GREENVILLE, S.C., March 28, 2025 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NYSE: UCB) announces it will release its first quarter 2025 financial results on Tuesday, April 22, 2025, before the stock market opens. The company also will hold a conference call at 9:00 a.m. EST on Tuesday, April 22, 2025, to discuss its financial results, business highlights, and outlook.

    Participants can pre-register for the conference call by navigating to https://dpregister.com/sreg/10198403/fed7e1f137. Those without internet access or unable to pre-register may dial in by calling 1-844-481-1970. Participants are encouraged to dial in 15 minutes prior to the call start time. The conference call also will be webcast and can be accessed by selecting “Events and Presentations” under “News and Events” within the Investor Relations section of the company’s website, ucbi.com.

    About United Community Banks, Inc.

    United Community Banks, Inc. (NYSE: UCB) is the financial holding company for United Community, a top 100 U.S. financial institution that is committed to improving the financial health and well-being of its customers and the communities it serves. United Community provides a full range of banking, wealth management and mortgage services. As of December 31, 2024, United Community Banks, Inc. had $27.7 billion in assets, 199 offices across Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee, as well as a national SBA lending franchise and a national equipment lending subsidiary. In 2025, United Community became an 11-time winner of J.D. Power’s award for the best customer satisfaction among consumer banks in the Southeast region and was recognized as the most trusted bank in the Southeast. Additionally, United was named by American Banker as one of the “Best Banks to Work For” for the eighth consecutive year. In 2025, United was also recognized in the Greenwich Best Bank awards for the ninth consecutive year, receiving five awards that included national honors for overall satisfaction for middle market banking in the U.S. Forbes has also consistently listed United Community as one of the World’s Best Banks and one of America’s Best Banks. Additional information about United can be found at ucbi.com.

    For more information:

    Jefferson Harralson
    Chief Financial Officer
    (864) 240-6208
    Jefferson_Harralson@ucbi.com

    The MIL Network

  • MIL-OSI: Brookfield Real Assets Income Fund Inc. Declares Q2 2025 Distribution Schedule

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) — Brookfield Real Assets Income Fund Inc. (NYSE: RA) (the “Fund”) today announced that its Board of Directors (the “Board”) declared the Fund’s monthly distributions for April, May and June 2025.

    Distribution Schedule

    Month Record Date Ex-Dividend Date Payable Date Amount per Share
    April 2025 April 10, 2025 April 10, 2025 April 24, 2025 $0.1180
    May 2025 May 8, 2025 May 8, 2025 May 22, 2025 $0.1180
    June 2025 June 12, 2025 June 12, 2025 June 26, 2025 $0.1180
             

    Shares purchased on or after the applicable ex-distribution dates will not receive the distributions discussed above. Distributions may include net investment income, capital gains and/or return of capital. Any portion of the Fund’s distributions that is a return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.” The Fund’s Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting https://www.brookfieldoaktree.com/fund/brookfield-real-assets-income-fund-inc. The tax status of distributions will be determined at the end of the taxable year. Based on current estimates, it is anticipated that a portion of the distributions paid in calendar year 2025 will be treated for U.S. federal income tax purposes as a return of capital. The final determination of the tax status of those 2025 distributions will be made in early 2026 and provided to stockholders on Form 1099-DIV. Please contact your financial advisor with any questions.

    Brookfield Real Assets Income Fund Inc. is managed by Brookfield Public Securities Group LLC. The Fund uses its website as a channel of distribution of material information about the Fund. Financial and other material information regarding the Fund is routinely posted on and accessible at https://www.brookfieldoaktree.com/fund/brookfield-real-assets-income-fund-inc

    Investing involves risk; principal loss is possible. Past performance is not a guarantee of future results.

    Brookfield Real Assets Income Fund Inc. is distributed by Foreside Fund Services, LLC.

    The MIL Network

  • MIL-OSI: Ambow Education Announces Second Half and Full-Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., March 28, 2025 (GLOBE NEWSWIRE) — Ambow Education Holding Ltd. (NYSE American: AMBO) (“Ambow” or the “Company”), an AI-driven educational technology company, today announced its financial and operating results for the 2024 second half1 and full fiscal year,2 ended December 31, 2024.

    “In 2024, we achieved full-year profitability and reached key milestones that position us for sustained long-term growth, driven by our sharpened focus on HybriU adoption,” said Dr. Jin Huang, Ambow’s President, Chief Executive Officer, and acting Chief Financial Officer. “We increased revenue, improved margins and strengthened profitability throughout the year, highlighted by a $1.3 million HybriU licensing agreement in the fourth quarter—marking our continued expansion into international markets.”

    HybriU is a cutting-edge, AI-powered phygital (physical + digital) innovation that transforms education, corporate conferencing and events by seamlessly integrating the physical and digital worlds for a smarter, more immersive experience. Designed to bridge the gap between in-person and remote interaction, HybriU delivers real-time AI automation, immersive engagement and intelligent collaboration across industries.

    In the education sector, HybriU offers the only patented, plug-and-play solution that seamlessly integrates lecture capture, connectivity, AI, immersive technologies and big data analytics. This all-in-one platform simplifies deployment while delivering a rich, connected and data-informed phygital learning experience.

    “Looking ahead to 2025, we will accelerate HybriU’s adoption across U.S. and international markets and further enhance our AI capabilities to deliver greater value to our partners. With a strong financial foundation, a lean operational structure, favorable AI tailwinds and a differentiated first-to-market solution, we are well-positioned to drive continued growth and increasing profitability,” Dr. Huang concluded.

    Fourth Quarter 2024 Financial Highlights

    • Net revenues in the fourth quarter of 2024 were $3.5 million, compared with $2.4 million in the same period of 2023. The increase was primarily due to the launch of HybriU.
    • Gross profit in the fourth quarter of 2024 was $2.3 million, compared with $1.2 million in the same period of 2023. Gross profit margin was 65.7%, compared with 50.0% in the fourth quarter of 2023.
    • Operating expenses in the fourth quarter of 2024 decreased by 13.3% to $1.3 million from $1.5 million in the same period of 2023. The decrease was primarily due to reduction in shared center expenses.
    • Operating income in the fourth quarter of 2024 improved to $1.0 million, compared with an operating loss of $0.3 million in the same period of 2023.
    • Net income attributable to the Company’s ordinary shareholders was $1.3 million, or $0.02 per basic and diluted share for the fourth quarter of 2024 and 2023.

    1 Financial results for the second half of 2024 have not been audited or reviewed by the Company’s independent registered accounting firm.

    2 Financial results for the full fiscal year ended December 31, 2024 have been audited by the Company’s independent registered accounting firm.

    Fiscal Year 2024 Financial Highlights

    • Net revenues in fiscal year 2024 increased by 2.2% to $9.4 million from $9.2 million in 2023. The increase was primarily driven by revenue growth from the launch of HybriU, while partially offset by the closure of Bay State College.
    • Gross profit in fiscal year 2024 was $5.0 million, increasing from $2.5 million in 2023. The increase was primarily attributable to an increase in net revenues from HybriU and a reduction in payroll expenses and teaching costs upon the closure of Bay State College.
    • Operating expenses in fiscal year 2024 decreased by 16.2% to $5.7 million from $6.8 million in 2023. The decrease was primarily driven by reduced payroll expenses following the closure of Bay State College.
    • Operating loss in fiscal year 2024 narrowed to $0.7 million, compared with a loss of $4.3 million in 2023.
    • Net income attributable to the Company’s ordinary shareholders in fiscal year 2024 was $0.3 million, or $0.005 per basic and diluted share, compared with a net loss of $3.2 million, or $0.06 per basic and diluted share in 2023.
    • As of December 31, 2024, Ambow maintained solid cash resources of $8.4 million, including cash and cash equivalents of $1.1 million and restricted cash of $7.3 million.

    Contingencies

    We are currently involved in two lawsuits concerning our leased property. Filed on July 15, 2024, by Art Block Investors, LLC et al., in the San Diego Superior Court (the “Court”), this unlawful detainer action seeks possession of premises occupied by NewSchool and recovery of $2,255,984.44 in past rent and common area maintenance (CAM) fees. Following trial, the Court issued a Proposed Statement of Decision awarding the plaintiffs possession and damages, with attorney’s fees and costs (estimated $80,000–$100,000) to be determined. NewSchool has objected, but judgment is expected within 30 days, followed by a motion for fees. In addition, filed on September 6, 2024, in the San Diego Superior Court, Art Block Investors, LLC et al. alleges breach of contract and guaranty against NewSchool and Ambow Education Holdings Ltd., seeking $4,466,247.80, potentially offset by amounts recovered in the first lawsuit. We, as defendants, have answered and are contesting the claims; no pretrial or trial dates have been set. The Company continues to evaluate these matters. A reasonable estimate of the amount of any possible loss or range of loss cannot be made as of December 31, 2024.

    About Ambow

    Ambow Education Holding Ltd. is a U.S.-based, AI-driven technology company offering phygital (physical + digital) solutions for education, corporate conferencing and live events. Through its flagship platform, HybriU, Ambow is shaping the future of learning, collaboration and communication—delivering immersive, intelligent and real-time experiences across industries. For more information, visit Ambow’s corporate website at https://www.ambow.com/.

    Follow us on X: @Ambow_Education
    Follow us on LinkedIn: Ambow-education-group

    Safe Harbor Statement

    This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Ambow and the industry. All information provided in this press release is as of the date hereof, and Ambow undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Ambow believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    For more information, please contact:
    Ambow Education Holding Ltd.
    E-mail: ir@ambow.com

    or

    Piacente Financial Communications
    Tel: +1 212 481 2050
    E-mail: ambow@tpg-ir.com

     
    AMBOW EDUCATION HOLDING LTD.
    CONSOLIDATED BALANCE SHEETS
    (All amounts in thousands, except for share and per share data)
     
        As of
    December 31,
        As of
    December 31,
     
        2023     2024  
        As Revised        
    ASSETS            
    Current assets:            
    Cash and cash equivalents   $ 274     $ 1,123  
    Restricted cash     9,781       7,318  
    Accounts receivable, net     2,280       2,541  
    Prepaid and other current assets     178       659  
    Total current assets     12,513       11,641  
    Non-current assets:                
    Property and equipment, net     6       1,200  
    Intangible assets, net     522       512  
    Operating lease right-of-use asset     4,896       2,722  
    Other non-current assets, net     2,629       1,296  
    Total non-current assets     8,053       5,730  
                     
    Total assets   $ 20,566     $ 17,371  
                     
    LIABILITIES                
    Current liabilities:                
    Short-term borrowings     3,939       2,700  
    Accounts payable     1,386       749  
    Accrued and other liabilities     1,468       1,029  
    Income taxes payable, current     510       12  
    Operating lease liability, current     2,486       2,357  
    Total current liabilities     9,789       6,847  
    Non-current liabilities:                
    Operating lease liability, non-current     4,349       3,787  
    Total non-current liabilities     4,349       3,787  
                     
    Total liabilities   $ 14,138     $ 10,634  
                     
    EQUITY                
    Preferred shares                
    (US$ 0.003 par value; 1,666,667 shares authorized, nil issued and outstanding as of December 31, 2023 and 2024)            
    Class A Ordinary shares                
    (US$ 0.003 par value; 66,666,667 and 66,666,667 shares authorized; 52,419,109 and 52,419,109 shares issued and outstanding as of December 31, 2023 and 2024, respectively)     146       146  
    Class C Ordinary shares                
    (US$ 0.003 par value; 8,333,333 and 8,333,333 shares authorized; 4,708,415 and 4,708,415 shares issued and outstanding as of December 31, 2023 and 2024, respectively)     13       13  
    Additional paid-in capital     517,031       517,031  
    Accumulated deficit     (510,634 )     (510,325 )
    Accumulated other comprehensive income     (128 )     (128 )
    Total equity     6,428       6,737  
    Total liabilities and equity   $ 20,566     $ 17,371  
     
    AMBOW EDUCATION HOLDING LTD.
    CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
    (All amounts in thousands, except for share and per share data)
     
        For the three months ended
    September 30,
        For the three months ended
    December 31,
     
        2023     2024     2023     2024  
    NET REVENUES                        
    Educational program and services   $ 671     $ 1,168     $ 2,395     $ 1,527  
    HybriU licensing                       1,924  
    Total net revenues     671       1,168       2,395       3,451  
    COST OF REVENUES                                
    Educational program and services     (1,400 )     (1,004 )     (1,187 )     (1,193 )
                                     
    GROSS (LOSS) PROFIT     (729 )     164       1,208       2,258  
    Operating expenses:                                
    Selling and marketing     (330 )     (236 )     (296 )     (227 )
    General and administrative     (903 )     (1,004 )     (912 )     (974 )
    Research and development     (242 )     (144 )     (242 )     (144 )
    Total operating expenses     (1,475 )     (1,384 )     (1,450 )     (1,345 )
                                     
    OPERATING LOSS (INCOME)     (2,204 )     (1,220 )     (242 )     913  
                                     
    OTHER INCOME (EXPENSES)                                
    Interest (expenses) income     (39 )     (114 )     15       (15 )
    Foreign exchange gain (loss), net     21             (12 )      
    Other (expenses) income, net     (12 )     146       94       49  
    Gain on disposal of assets                 1,400        
    Total other (expenses) income     (30 )     32       1,497       34  
    (LOSS) INCOME BEFORE INCOME TAX AND NON-CONTROLLING INTEREST     (2,234 )     (1,188 )     1,255       947  
    Income tax (expenses) benefit     (1 )                 334  
    NET (LOSS) INCOME   $ (2,235 )   $ (1,188 )   $ 1,255     $ 1,281  
    Less: Net (loss) income attributable to non-controlling interests                        
    NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS     (2,235 )     (1,188 )     1,255       1,281  
                                     
    OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX                        
                                     
    TOTAL COMPREHENSIVE (LOSS) INCOME     (2,235 )     (1,188 )     1,255       1,281  
                                     
    Net (loss) income per share – basic and diluted   $ (0.04 )   $ (0.02 )   $ 0.02     $ 0.02  
    Net (loss) income per ADS – basic and diluted   $ (0.78 )   $ (0.42 )   $ 0.44     $ 0.45  
                                     
    Weighted average shares used in calculating basic and diluted net (loss) income per share     57,127,524       57,127,524       52,127,524       57,127,524  
     
    AMBOW EDUCATION HOLDING LTD.
    CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
    (All amounts in thousands, except for share and per share data)
     
        For the years ended December 31,  
        2023     2024  
    NET REVENUES            
    Educational program and services   $ 9,163     $ 7,468  
    HybriU licensing           1,924  
    Total net revenues   $ 9,163       9,392  
    COST OF REVENUES                
    Educational program and services     (6,669 )     (4,405 )
                     
    GROSS PROFIT     2,494       4,987  
    Operating expenses:                
    Selling and marketing     (1,051 )     (1,013 )
    General and administrative     (5,264 )     (4,258 )
    Research and development     (484 )     (438 )
    Total operating expenses     (6,799 )     (5,709 )
                     
    OPERATING LOSS     (4,305 )     (722 )
                     
    OTHER INCOME (EXPENSES)                
    Interest expenses     (57 )     (63 )
    Other (expenses) income, net     (199 )     255  
    Gain on disposal of assets     1,400        
    Total other income     1,144       192  
                     
    LOSS BEFORE INCOME TAX AND NON-CONTROLLING INTEREST     (3,161 )     (530 )
    Income tax (expenses) benefit     (14 )     839  
    NET (LOSS) INCOME   $ (3,175 )   $ 309  
    Less: Net (loss) income attributable to non-controlling interests            
    NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS     (3,175 )     309  
                     
    OTHER COMPREHENSIVE LOSS, NET OF TAX            
                     
    TOTAL COMPREHENSIVE LOSS     (3,175 )     309  
                     
    Net (loss) income per share – basic and diluted   $ (0.06 )   $ 0.0054  
    Net (loss) income per ADS – basic and diluted   $ (1.20 )   $ 0.1080  
                     
    Weighted average shares used in calculating basic and diluted net (loss) income per share     56,333,003       57,127,524  

    The MIL Network

  • MIL-OSI: Conifer Holdings Reports 2024 Fourth Quarter and Year End Financial Results

    Source: GlobeNewswire (MIL-OSI)

    TROY, Mich., March 28, 2025 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2024.  

    Year End 2024 Financial Highlights

    • Net income allocable to common shareholders of $23.5 million
    • $61 Million gain on sale of insurance agency operations in August 2024
    • Continuing Personal Lines business profitable for the fourth quarter of 2024
    • Book value per share of $1.76 as of December 31, 2024

    Management Comments

    Brian Roney, CEO of Conifer, commented, “2024 was indeed a transitional year for Conifer Holdings as we successfully sold our insurance agency operations, paid down considerable debt, further strengthened reserves, streamlined our organization overall, and focused our production efforts on select personal lines going forward.”

    Reduction of Commercial Lines Business

    For the full year 2024, total Gross Written Premium was down almost 50% from the prior year, and Net Earned premium was down 27.5% for the same period. As a result of the sale of Conifer’s insurance agency operations, completed in August 2024, we anticipated and planned for this significant decline in Commercial Lines revenue. We expect Commercial Lines business to represent a diminishing percentage of total gross written premium going forward.

    Future premiums are expected to consist primarily of Personal Lines business, notably our homeowner’s insurance portfolio in Texas and the Midwest. As detailed in the Personal Lines results overview below, gross written premium for those lines of business for the fourth quarter of 2024 increased 10.6% from the prior year period and increased 23.4% for the full year 2024 over the prior year.

    Additional information regarding the disposal of Conifer’s agency business and its impact on future Company operations can be found in the Company’s 2024 Annual Report to be filed March 28, 2025 on Form 10-K.

    2024 Fourth Quarter and Full Year Financial Results Overview

           
      At and for the
    Three Months Ended December 31,
      At and for the
    Year Ended December 31,
      2024   2023   % Change
      2024   2023   % Change
      (dollars in thousands, except share and per share amounts)
                           
    Gross written premiums $ 13,683     $ 24,398     -43.9 %   $ 72,053     $ 143,834     -49.9 %
    Net written premiums   9,526       15,329     -37.9 %     49,338       68,688     -28.2 %
    Net earned premiums   12,708       14,821     -14.3 %     60,862       83,935     -27.5 %
                           
    Net investment income   1,352       1,411     -4.2 %     5,763       5,447     5.8 %
    Net realized investment gains (losses)         (20 )   **     (125 )     (20 )   **
    Change in fair value of equity investments   (21 )     13     261.5 %     (203 )     608     -133.4 %
                           
    Net income (loss) allocable to common shareholders   (25,382 )     (19,479 )   -30.3 %     23,530       (25,923 )   **
     Net income (loss) allocable to common shareholders $ (2.08 )   $ (1.59 )   -30.3 %   $ 1.93     $ (2.12 )    
     per share, diluted                      
                           
    Adjusted operating income (loss)*   (25,821 )     (19,411 )   -33.0 %     (34,558 )     (27,867 )   -24.0 %
     Adjusted operating income (loss) per share, diluted* $ (2.11 )   $ (1.59 )   -32.7 %   $ (2.83 )   $ (2.28 )   -24.1 %
                           
    Book value per common share outstanding $ 1.76     $ 0.24         $ 1.76     $ 0.24      
                           
    Weighted average shares outstanding, basic and diluted   12,222,881       12,222,881           12,222,881       12,220,551      
                           
    Underwriting ratios:                      
     Loss ratio (1)   254.6 %     191.1 %         120.2 %     97.8 %    
     Expense ratio (2)   38.3 %     40.6 %         35.8 %     37.1 %    
     Combined ratio (3)   292.9 %     231.7 %         156.0 %     134.9 %    
                           
    * The “Definitions of Non-GAAP Measures” section of this release defines and reconciles data that are not based on generally accepted accounting principles.
    ** Percentage is not meaningful                      
    (1) The loss ratio is the ratio, expressed as a percentage, of net losses and loss adjustment expenses to net earned premiums and other income from underwriting operations.
    (2) The expense ratio is the ratio, expressed as a percentage, of policy acquisition costs and other underwriting expenses to net earned premiums and other income from underwriting operations.
    (3) The combined ratio is the sum of the loss ratio and the expense ratio. A combined ratio under 100% indicates an underwriting profit. A combined ratio over 100% indicates an underwriting loss.
                           

    2024 Fourth Quarter Gross Written Premium

    Gross written premiums decreased 43.9% in the fourth quarter of 2024 to $13.7 million, compared to $24.4 million in the prior year period. This decrease reflects the Company’s operational shift away from commercial lines insurance business given the sale of our agency group earlier in the year.

    Commercial Lines Financial and Operational Review

             
      Three Months Ended December 31,   Year Ended December 31,  
      2024   2023   % Change 2024   2023   % Change
     
      (dollars in thousands)  
                             
    Gross written premiums $ 3,124     $ 14,850     -79.0 %   $ 26,686     $ 107,078     -75.1 %  
    Net written premiums   488       7,009     93.0 %     14,541       36,580     -60.2 %  
    Net earned premiums   4,254       7,296     -41.7 %     28,160       59,221     -52.4 %  
                             
    Underwriting ratios:                        
    Loss ratio   650.8 %     316.7 %         184.8 %     105.7 %      
    Expense ratio   33.8 %     38.4 %         29.8 %     35.5 %      
    Combined ratio   684.6 %     355.1 %         214.6 %     141.2 %      
                             
    Contribution to combined ratio from net                        
    (favorable) adverse prior year development   550.9 %     205.5 %         118.5 %     32.3 %      
                             
    Accident year combined ratio (1)   133.7 %     149.6 %         96.1 %     108.9 %      
                             
    (1) The accident year combined ratio is the sum of the loss ratio and the expense ratio, less changes in net ultimate loss estimates from prior accident year loss reserves. The accident year combined ratio provides management with an assessment of the specific policy year’s profitability and assists management in their evaluation of product pricing levels and quality of business written.  
       
                             

    The Company’s commercial lines production was down 79% for the fourth quarter of 2024 and represented roughly 23% of total gross written premium in quarter. Commercial Lines net earned premium was down 41.7% for the same period. The Commercial Lines loss ratio for the quarter increased significantly as the Company’s management focused on additional commercial lines reserve strengthening overall.

    Personal Lines Financial and Operational Review

                             
      Three Months Ended December 31,   Year Ended December 31,  
      2024   2023   % Change
      2024   2023   % Change
     
      (dollars in thousands)  
                             
    Gross written premiums $ 10,559     $ 9,548     10.6 %   $ 45,367     $ 36,756     23.4 %  
    Net written premiums   9,038       8,320     8.6 %     34,797       32,108     8.4 %  
    Net earned premiums   8,454       7,525     12.3 %     32,702       24,714     32.3 %  
                             
    Underwriting ratios:                        
    Loss ratio   55.2 %     69.0 %         64.6 %     78.9 %      
    Expense ratio   40.6 %     42.7 %         41.1 %     40.7 %      
    Combined ratio   95.8 %     111.7 %         105.7 %     119.6 %      
                             
    Contribution to combined ratio from net                        
    (favorable) adverse prior year development   0.9 %     -2.6 %         0.8 %     -5.6 %      
                             
    Accident year combined ratio   94.9 %     114.3 %         104.9 %     125.2 %      
                             

    Personal Lines premium represented 77% of total gross written premium for the fourth quarter of 2024. Personal Lines production increased 10.6% from the prior year period to $10.6 million for the quarter, led by growth in the Company’s low-value dwelling line of business in Texas and the Midwest.

    Despite storm activity in the full year, the combined ratio for personal lines business improved significantly in 2024 compared to the same period in 2023.

    Combined Ratio Analysis

     
      Three Months Ended
    December 31,

        Year Ended
    December 31,

     
      2024   2023     2024   2023  
         
                       
    Underwriting ratios:                  
    Loss ratio 254.6 %   191.1 %     120.2 %   97.8 %  
    Expense ratio 38.3 %   40.6 %     35.8 %   37.1 %  
    Combined ratio 292.9 %   231.7 %     156.0 %   134.9 %  
                       
    Contribution to combined ratio from net (favorable)                  
    adverse prior year development 185.0 %   100.0 %     55.3 %   21.2 %  
                       
    Accident year combined ratio 107.9 %   131.7 %     100.7 %   113.7 %  
                       

    Net Investment Income
    Net investment income increased 5.8% to $5.8 million for the year ending December 31, 2024, compared to $5.4 million in the prior year period.

    Change in Fair Value of Equity Securities
    During the quarter, the Company reported a loss of $21,000 from the change in fair value of equity investments, compared to a $13,000 gain in the prior year period.

    Net Income (Loss) allocable to common shareholders
    The Company reported a net loss allocable to common shareholders of $25.4 million, or $2.08 per share, for the fourth quarter of 2024. For the full year 2024, the Company reported net income allocable to common shareholders of $23.5 million, or $1.93 per share.

    Adjusted Operating Income (Loss)

    In the fourth quarter of 2024, the Company reported an adjusted operating loss of $25.8 million, or $2.11 per share. See Definitions of Non-GAAP Measures.

    About Conifer Holdings
    Conifer Holdings, Inc. is a Michigan-based property and casualty holding company. Through its subsidiaries, Conifer offers specialty insurance coverage for both commercial and personal lines, marketing through independent agents. The Company is traded on the Nasdaq Capital Market under the symbol CNFR. Additional information is available on the Company’s website at www.ir.cnfrh.com.

    Forward-Looking Statement

    This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events or our future financial or operating performance, and include Conifer’s expectations regarding future revenue, premiums, earnings, its capital position, expansion, and business strategies. The forward-looking statements contained in this press release are based on management’s good-faith belief and reasonable judgment based on current information. The forward-looking statements are qualified by important factors, risks and uncertainties, many of which are beyond our control, that could cause our actual results to differ materially from those in the forward-looking statements, including those described in our Form 10-K (“Item 1A Risk Factors”) filed with the SEC on March 28, 2025 and subsequent reports filed with or furnished to the SEC. Any forward-looking statement made by us in this press release speaks only as of the date hereof or as of the date specified herein. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable laws or regulations.

    Definitions of Non-GAAP Measures
    Conifer prepares its public financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP). Statutory data is prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners’ (NAIC) Accounting Practices and Procedures Manual, and therefore is not reconciled to GAAP data.

    We believe that investors’ understanding of Conifer’s performance is enhanced by our disclosure of adjusted operating income. Our method for calculating this measure may differ from that used by other companies and therefore comparability may be limited. We define adjusted operating income (loss), a non-GAAP measure, as net income (loss) excluding: 1) net realized investment gains and losses, 2) change in fair value of equity securities 3) other gains and 4) net income from discontinued operations. We use adjusted operating income as an internal performance measure in the management of our operations because we believe it gives our management and other users of our financial information useful insight into our results of operations and our underlying business performance.

    Reconciliations of adjusted operating income (loss) and adjusted operating income (loss) per share:

       
        Three Months Ended December 31,   Year Ended December 31,  
        2024   2023   2024   2023  
        (dollar in thousands, except share and per share amounts)  
                     
    Net income (loss) $ (25,382 )   $ (19,460 )   $ 24,347     $ (25,904 )  
    Less:                
    Net realized investment gains (losses)         (20 )     (125 )     (20 )  
    Change in fair value of equity securities   (21 )     13       (203 )     608    
    Other gains   646             646          
    Net income from discontinued operations   (186 )     (42 )     58,587       1,375    
    Impact of income tax expense (benefit) from adjustments *                        
    Adjusted operating income (loss) $ (25,821 )   $ (19,411 )   $ (34,558 )   $ (27,867 )  
                       
    Weighted average common shares, diluted   12,222,881       12,222,881       12,222,881       12,220,551    
                       
    Diluted income (loss) per common share:                
    Net income (loss) $ (2.08 )   $ (1.59 )   $ 1.99     $ (2.12 )  
    Less:                
    Net realized investment gains (losses)               (0.01 )        
    Change in fair value of equity securities               (0.02 )     0.05    
    Other gains   0.05             0.06          
    Net income from discontinued operations   (0.02 )           4.79       0.11    
    Impact of income tax expense (benefit) from adjustments *                        
    Adjusted operating income (loss), per share $ (2.11 )   $ (1.59 )   $ (2.83 )   $ (2.28 )  
                       

    * The Company has recorded a full valuation allowance against its deferred tax assets as of December 31, 2024 and December 31, 2023, respectively. As a result, there were no taxable impacts to adjusted operating income from the adjustments to net income (loss) in the table above after taking into account the use of NOLs and the change in the valuation allowance.

             
    Conifer Holdings, Inc. and Subsidiaries  
    Consolidated Balance Sheets  
    (dollars in thousands)  
             
      December 31   December 31,  
       2024     2023   
    Assets        
    Investment securities:        
    Debt securities, at fair value (amortized cost of $117,827 and $ 105,665     $ 122,113    
    $135,370, respectively)        
    Equity securities, at fair value (cost of $1,836 and $2,385, respectively)   1,603       2,354    
    Short-term investments, at fair value   21,151       20,838    
    Total investments   128,419       145,305    
             
    Cash and cash equivalents   27,654       10,663    
    Premiums and agents’ balances receivable, net   9,901       29,364    
    Receivable from Affiliate         1,047    
    Reinsurance recoverables on unpaid losses   84,490       70,807    
    Reinsurance recoverables on paid losses   6,919       12,619    
    Prepaid reinsurance premiums   6,088       28,908    
    Deferred policy acquisition costs   6,380       6,405    
    Receivable from contingent considerations   8,070          
    Other assets   3,735       7,036    
    Assets from discontinued operations         3,452    
    Total assets $ 281,656     $ 315,606    
             
    Liabilities and Shareholders’ Equity        
    Liabilities:        
    Unpaid losses and loss adjustment expenses $ 189,285     $ 174,612    
    Unearned premiums   30,590       65,150    
    Reinsurance premiums payable   1       246    
    Debt   11,932       25,061    
    Funds held under reinsurance agreements   25,829       24,550    
    Premiums payable to other insureds         13,986    
    Liabilities from discontinued operations         4,083    
    Accounts payable and accrued expenses   2,494       5,029    
    Total liabilities   260,131       312,717    
             
    Commitments and contingencies            
             
    Shareholders’ equity:        
    Series A Preferred stock, no par value (10,000,000 shares authorized; 0 and 1,000      
    issued and outstanding, respectively)         6,000    
    Common stock, no par value (100,000,000 shares authorized; 12,222,881        
    issued and outstanding, respectively)   98,178       98,100    
    Accumulated deficit   (63,153 )     (86,683 )  
    Accumulated other comprehensive income (loss)   (13,500 )     (14,528 )  
    Total shareholders’ equity   21,525       2,889    
    Total liabilities and shareholders’ equity $ 281,656     $ 315,606    
             
             
    Conifer Holdings, Inc. and Subsidiaries
    Consolidated Statements of Operations (Unaudited)
    (dollars in thousands, except share and per share data)
                     
      Three Months Ended   Year Ended  
      December 31,   December 31,  
      2024   2023   2024   2023  
                     
    Revenue and Other Income                
    Premiums                
    Gross earned premiums $ 19,721     $ 38,115     $ 106,612     $ 146,572    
    Ceded earned premiums   (7,013 )     (23,294 )     (45,750 )     (62,637 )  
    Net earned premiums   12,708       14,821       60,862       83,935    
    Net investment income   1,352       1,411       5,763       5,447    
    Net realized investment gains (losses)         (20 )     (125 )     (20 )  
    Change in fair value of equity securities   (21 )     13       (203 )     608    
    Other gains   646             646          
    Other income   41       144       328       552    
    Total revenue and other income   14,726       16,369       67,271       90,522    
                     
    Expenses                
    Losses and loss adjustment expenses, net   32,349       28,470       73,302       82,413    
    Policy acquisition costs   3,535       2,392       13,335       15,797    
    Operating expenses   3,165       3,969       11,831       16,738    
    Interest expense   862       845       4,883       3,206    
    Total expenses   39,911       35,676       103,351       118,154    
                     
    Income (loss) from continuing operations before income taxes   (25,185 )     (19,307 )     (36,080 )     (27,632 )  
    Income tax expense (benefit)   11       111       (1,840 )     (353 )  
                     
    Net income (loss) from continuing operations $ (25,196 )   $ (19,418 )   $ (34,240 )   $ (27,279 )  
    Net income (loss) from discontinued operations   (186 )     (42 )     58,587       1,375    
    Net income (loss)   (25,382 )     (19,460 )     24,347       (25,904 )  
    Series A Preferred Stock Dividends and Redemption premium         19       817       19    
    Net income (loss) allocable to common shareholders   (25,382 )     (19,479 )     23,530       (25,923 )  
                     
    Earnings (loss) per common share, basic and diluted                
    Net income (loss) from continuing operations $ (2.06 )   $ (1.59 )   $ (2.87 )   $ (2.23 )  
    Net income (loss) from discontinued operations $ (0.02 )   $ (0.00 )   $ 4.79     $ 0.11    
    Net income (loss) allocable to common shareholders $ (2.08 )   $ (1.59 )   $ 1.93     $ (2.12 )  
                     
    Weighted average common shares outstanding,                
    basic and diluted   12,222,881       12,222,881       12,222,881       12,220,551    
                     

    For Further Information:
    Jessica Gulis, 248.559.0840
    ir@cnfrh.com

    The MIL Network

  • MIL-OSI: Medallion Bank Announces Benchmark Rate for Certain Preferred Stock

    Source: GlobeNewswire (MIL-OSI)

    SALT LAKE CITY, March 28, 2025 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBNKP, the “Bank”) today announced that, upon the commencement of the floating rate period for the Bank’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (the “Series F Preferred”) on April 1, 2025, the benchmark rate used to determine the dividend rate for each dividend period during the floating rate period will be three-month CME Term SOFR (“Term SOFR”). In addition, the dividend payment rate determination date for determining Term SOFR will be the second U.S. government securities business day preceding the first day of the relevant dividend period. The Series F Preferred trades on the Nasdaq Capital Market under the ticker symbol “MBNKP.”

    About Medallion Bank

    Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City and is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN).

    For more information, visit www.medallionbank.com

    Company Contact:
    Investor Relations
    212-328-2176
    InvestorRelations@medallion.com

    The MIL Network

  • MIL-OSI: Ambow Files Annual Report on Form 20-F for Fiscal Year 2024

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, California, March 28, 2025 (GLOBE NEWSWIRE) — Ambow Education Holding Ltd. (NYSE American: AMBO) (“Ambow” or the “Company”), an AI-driven educational technology company, today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”).

    The Annual Report on Form 20-F can be accessed on the Company’s investor relations website at https://www.ambow.com and the SEC’s website at https://www.sec.gov. Shareholders and ADS holders may request a hard copy of the Annual Report containing its audited consolidated financial statements, free of charge, at ir@ambow.com or by mail at Ambow Education Holding Ltd., 10080 N. Wolfe RD, Suite SW3-200, Cupertino, CA 95014, USA.

    About Ambow

    Ambow Education Holding Ltd. is a U.S.-based, AI-driven technology company offering phygital (physical + digital) solutions for education, corporate conferencing and live events. Through its flagship platform, HybriU, Ambow is shaping the future of learning, collaboration and communication—delivering immersive, intelligent and real-time experiences across industries. For more information, visit Ambow’s corporate website at https://www.ambow.com/.

    Follow us on X: @Ambow_Education
    Follow us on LinkedIn: Ambow-education-group

    For more information, please contact:

    Ambow Education Holding Ltd.
    E-mail: ir@ambow.com
    or
    Piacente Financial Communications
    Tel: +1 212 481 2050
    E-mail: ambow@tpg-ir.com

    The MIL Network

  • MIL-OSI: Aimfinity Investment Corp. I Announces Approval by Shareholders of its Business Combination with Docter Inc.

    Source: GlobeNewswire (MIL-OSI)

    Wilmington, DE, March 28, 2025 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company, today announced that, the previously announced business combination (the “Business Combination”) between AIMA and Docter Inc. (“Docter”), a Taiwanese health technology company, was approved at an extraordinary general meeting of shareholders (the “EGM”) of AIMA on March 27, 2025. Approximately 93.8% of the votes cast at the EGM were in favor of the Business Combination.

    In addition, in order to extend the date by which AIMA must complete the Business Combination from March 28, 2025 to April 28, 2025, on March 28, 2025, I-Fa Chang, manager of the sponsor of AIMA, deposited into AIMA’s trust account (the “Trust Account”) an aggregate of $55,823.80, or $0.05 per Class A ordinary share held by public shareholders of AIMA (the “Monthly Extension Payment”).

    Pursuant to AIMA’s fourth amended and restated memorandum and articles of association (“Current Charter”), effective January 9, 2025, AIMA may extend the date by which AIMA must complete the Business Combination on a monthly basis from January 28, 2025 until October 28, 2025 or such earlier date as may be determined by its board of directors by depositing the Monthly Extension Payment for each month into the Trust Account. This is the third of nine monthly extensions available under the Current Charter of AIMA.  

    About Aimfinity Investment Corp. I

    Aimfinity Investment Corp. I is a special purpose acquisition company (SPAC) focused on merging with high-growth potential businesses and facilitating their entry into the capital markets.

    About Docter Inc.

    Docter Inc. is a leading health technology company dedicated to developing innovative health monitoring solutions that enhance the accessibility and efficiency of global healthcare services.   

    Additional Information and Where to Find It

    As previously disclosed, on October 13, 2023, AIMA entered into that certain Agreement and Plan of Merger (as may be amended, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and between AIMA, Docter, Aimfinity Investment Merger Sub I, a Cayman Islands exempted company and wholly-owned subsidiary of AIMA (“Purchaser”), and Aimfinity Investment Merger Sub II, Inc., a Delaware corporation and wholly-owned subsidiary of Purchaser (“Merger Sub”), pursuant to which AIMA is proposing to enter into a business combination with Docter involving an reincorporation merger and an acquisition merger. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. AIMA’s shareholders and other interested persons are advised to read, when available, the proxy statement/prospectus and the amendments thereto and other documents filed in connection with the proposed business combination, as these materials will contain important information about AIMA, Purchaser or Docter, and the proposed business combination. The proxy statement/prospectus and other relevant materials for the proposed business combination have been mailed to shareholders of AIMA as of the record date of February 25, 2025, established for voting on the proposed business combination. Such shareholders will also be able to obtain copies of the proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to AIMA’s principal office at 221 W 9th St, PMB 235 Wilmington, Delaware 19801.

    Forward-Looking Statements

    This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933, as amended (the “Securities Act”) and the Securities Exchange Act of 1934, as amended. Statements that are not historical facts, including statements about the proposed transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the proposed transaction, including the anticipated initial enterprise value and post-closing equity value, the benefits of the proposed transaction, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the proposed transactions. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated.

    Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the proposed business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of AIMA and Docter to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of AIMA or Docter; (v) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (vi) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of AIMA’s securities; (vii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Docter to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (viii) risks relating to the medical device industry, including but not limited to governmental regulatory and enforcement changes, market competitions, competitive product and pricing activity; and (ix) risks relating to the combined company’s ability to enhance its products and services, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.
      
    A further list and description of risks and uncertainties can be found in the prospectus filed with the Securities and Exchange Commission (the “SEC”) on April 26, 2022 relating to AIMA’s initial public offering (File No. 333-263874), the annual report of AIMA on Form 10-K for the fiscal year ended on December 31, 2023, filed with the SEC on July 29, 2024, and in the final prospectus/proxy statement filed with the SEC on March 6, 2025 relating to the proposed transactions (File No. 333-284658) (the “Final Prospectus”), and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and AIMA, Docter, and their subsidiaries or affiliates undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

    Additional Information and Where to Find It

    In connection with the proposed transactions described herein, Purchaser filed the Final Prospectus with the SEC on March 6, 2025. The proxy statement and a proxy card will be mailed to AIMA’s shareholders of record as of February 25, 2025. Shareholders of AIMA will also be able to obtain a copy of the Final Prospectus without charge from AIMA. The Final Prospectus may also be obtained without charge at the SEC’s website at www.sec.gov. INVESTORS AND SECURITY HOLDERS OF AIMA ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE PROPOSED TRANSACTIONS THAT AIMA WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AIMA, DOCTER AND THE PROPOSED TRANSACTIONS. 

    Participants in the Solicitation

    AIMA, Docter, and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of AIMA’s shareholders in connection with the proposed transactions described herein. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of AIMA’s shareholders in connection with the proposed business combination is set forth in the Final Prospectus.

    No Offer or Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of any potential transaction and does not constitute an offer to sell or a solicitation of an offer to buy any securities of AIMA, Purchaser or Docter, nor shall there be any sale of any such 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 such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.

    Contact Information:

    Aimfinity Investment Corp. I
    I-Fa Chang
    Chief Executive Officer
    221 W 9th St, PMB 235
    Wilmington, Delaware 19801
    ceo@aimfinityspac.com

    The MIL Network

  • MIL-OSI: EZCORP Announces Closing of Private Offering of $300,000,000 of Senior Notes Due 2032

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, March 28, 2025 (GLOBE NEWSWIRE) — EZCORP, Inc. (NASDAQ: EZPW) (the “Company”), a leading provider of pawn transactions in the United States and Latin America, announced today the closing of its private offering of $300,000,000 aggregate principal amount of its senior notes due 2032 (the “Notes”). The Notes were offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 (the “Securities Act”) or outside the United States to certain non-U.S. persons in reliance on Regulation S under the Securities Act. The Notes are senior unsecured obligations of the Company and are fully and unconditionally guaranteed by certain of the Company’s wholly owned domestic subsidiaries (the “Guarantors”) and may be guaranteed in the future by certain other existing and future subsidiaries that guarantee certain indebtedness of the Company or any Guarantor.

    The Notes bear interest at a rate of 7.375% per annum, payable semiannually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025. The Notes will mature on April 1, 2032, unless earlier redeemed or repurchased in accordance with their terms prior to such date.

    The net proceeds from the offering were approximately $292.5 million, after deducting the initial purchasers’ discounts and estimated offering expenses payable by us. The Company expects to use approximately $103.4 million of the net proceeds from the offering of the Notes to repay its outstanding 2.375% Convertible Senior Notes Due 2025 at maturity. The Company intends to use any excess proceeds for general corporate purposes.

    The Notes were offered in a private placement, solely to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act, or outside the United States to certain non-U.S. persons in reliance on Regulation S under the Securities Act. The offer and sale of the Notes and related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws.

    This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

    This announcement contains certain forward-looking statements. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “seeks,” “possible,” “potential,” “predict,” “project,” “prospects,” “guidance,” “outlook,” “should,” “would,” “will,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These statements are based on the Company’s current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, including all statements regarding the offering of the Notes or intended use of proceeds thereof, that address activities or results that the Company plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future, including future capital expenditures and future financial or operating results, are forward-looking statements. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of uncertainties and other factors, including operating risks, liquidity risks, legislative or regulatory developments, market factors and current or future litigation. For a discussion of these and other factors affecting the Company’s business and prospects, see the Company’s annual, quarterly and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

    ABOUT EZCORP
    Formed in 1989, EZCORP has grown into a leading provider of pawn transactions in the United States and Latin America. We also sell pre-owned and recycled merchandise, primarily collateral forfeited from pawn lending operations and merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the S&P 1000 Index and Nasdaq Composite Index.

    Contact:
    Email: Investor_Relations@ezcorp.com
    Phone: (512) 314-2220

    The MIL Network

  • MIL-OSI: Arbor Realty Trust Declares Preferred Stock Dividends

    Source: GlobeNewswire (MIL-OSI)

    UNIONDALE, N.Y., March 28, 2025 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (NYSE: ABR), today announced that its Board of Directors has declared cash dividends on the Company’s Series D, Series E, and Series F cumulative redeemable preferred stock of $0.3984375, $0.390625, and $0.390625 per share, respectively. The Series D, E, and F preferred stock dividends reflect accrued dividends from January 30, 2025 through April 29, 2025. The dividends are payable on April 30, 2025 to preferred stockholders of record on April 15, 2025.

    About Arbor Realty Trust, Inc.

    Arbor Realty Trust, Inc. (NYSE: ABR) is a nationwide real estate investment trust and direct lender, providing loan origination and servicing for multifamily, single-family rental (SFR) portfolios, and other diverse commercial real estate assets. Headquartered in New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in government-sponsored enterprise products. Arbor is a leading Fannie Mae DUS® lender and Freddie Mac Optigo® Seller/Servicer, and an approved FHA Multifamily Accelerated Processing (MAP) lender. Arbor’s product platform also includes bridge, CMBS, mezzanine and preferred equity loans. Rated by Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and customized solutions with an unparalleled dedication to providing our clients excellence over the entire life of a loan.

    Safe Harbor Statement

    Certain items in this press release may constitute forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from Arbor’s expectations include, but are not limited to, changes in economic conditions generally, and the real estate markets specifically, continued ability to source new investments, changes in interest rates and/or credit spreads, and other risks detailed in Arbor’s Annual Report on Form 10-K for the year ended December 31, 2024 and its other reports filed with the SEC. Such forward-looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor’s expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

    Contact:
    Arbor Realty Trust, Inc.
    Investor Relations
    516-506-4200
    InvestorRelations@arbor.com

    The MIL Network

  • MIL-OSI: RCP Small and Emerging Fund III, LP Closes on ~$170 Million

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 28, 2025 (GLOBE NEWSWIRE) — RCP Advisors, a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, as well as customized solutions and research services, announced the final closing of RCP Small and Emerging Fund III, LP (“RCP SEF III” or the “Fund”). The Fund closed on approximately $170.3 million in capital commitments, exceeding its target fund size. The Fund has a broad LP base of new and existing investors, including family offices, insurance companies, and high-net-worth individuals.

    “We want to express our sincere gratitude to our limited partners for their continued faith and confidence in our team and strategy. Small company buyouts continue to provide compelling investment opportunities, and we are proud to support promising new managers in the space through our small and emerging strategy,” said Mary Hunt, Principal and Co-Portfolio Manager at RCP Advisors.

    RCP SEF III represents a continuation of the same investment strategy employed by RCP’s previous small and emerging funds-of-funds. The Fund will generally target North American buyout fund managers who are raising their second institutional fund or earlier and targeting $300 million or less in aggregate capital commitments.

    About RCP Advisors
    Founded in 2001, RCP Advisors, a subsidiary of P10, Inc. (NYSE: PX), is a private equity investment firm that provides access to North American small buyout fund managers through primary funds, secondary funds, and co-investment funds, as well as customized solutions and research services. With over $15 billion in committed capital* and 56 professionals as of March 28, 2025, RCP believes that it is one of the largest fund sponsors focused on the lower middle market buyout segment of the North American private equity market.

    The information contained in this press release does not constitute investment advice or an offer or sale of any security or investment product. Offerings are made only pursuant to a private offering memorandum containing important information. Statements are made as of the date of this release, and there is no implication that the information contained herein is correct as of any time subsequent to such date. Some of the statements in this release may constitute “forward-looking statements” within the meaning of the federal securities laws. Any forward-looking statements inherently are subject to a variety of risks and uncertainties that could cause actual results or events to differ materially from those results or events predicted or anticipated by these statements. RCP’s investment strategy is subject to significant risks and there is no guarantee that any fund will achieve comparable results as any prior investments or prior investment funds of RCP. Past performance does not predict, and is not a guarantee of, future results.

    “Committed capital” primarily reflects the capital commitments associated with our SMAs, focused commingled funds, and advisory accounts advised by RCP since the firm’s inception in 2001 (including funds that have since been sold, dissolved, or wound down and certain historical advisory accounts for which RCP’s advisory contracts have expired). We include capital commitments in our calculation of committed capital if (a) we have full discretion over the investment decisions in an account or have responsibility or custody of assets or (b) we do not have full discretion to make investment decisions but play a role in advising the client on asset allocation, performing investment manager due diligence and recommending investments for the client’s portfolio and/or monitoring and reporting on their investments. For our discretionary SMAs and commingled funds, as well as for our non-discretionary advisory accounts for which RCP is responsible for advising on all investments within the client’s portfolio, committed capital is calculated based on aggregate capital commitments to such accounts. For non-discretionary accounts where RCP is responsible for advising only a portion of the client portfolio investments, committed capital is calculated as capital commitments by the client to those underlying investments which were made based on RCP’s recommendation or with respect to which RCP advises the client. Committed capital does not include (i) certain historical non-discretionary advisory accounts no longer under advisement by RCP, (ii) assets managed or advised by the Private Capital Unit or Hark Capital Advisors, LLC, and Bonaccord Capital Advisors, LLC which are independent business lines of RCP 2, (iii) capital commitments to funds managed or sponsored by RCP’s affiliated (but independently operated) management companies, and (iv) RCP’s ancillary products or services.

    The MIL Network

  • MIL-OSI: Independent Bank Corporation Announces Date for Its First Quarter 2025 Earnings Release

    Source: GlobeNewswire (MIL-OSI)

    GRAND RAPIDS, Mich., March 28, 2025 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2025 first quarter results on Thursday, April 24, 2025, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website.

    Brad Kessel, President and CEO, Gavin Mohr, CFO and Joel Rahn, EVP Commercial Banking will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Thursday, April 24, 2025.

    To participate in the live conference call, please dial 1-833-470-1428 (Access Code # 706949). Also, the conference call will be accessible through an audio webcast with user-controlled slides via the following event site/URL: https://events.q4inc.com/attendee/106805636.

    A playback of the call can be accessed by dialing 1-866-813-9403 (Access Code # 746507). The replay will be available through May 1, 2025.

    About Independent Bank Corporation

    Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.3 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan’s Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments, insurance and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

    For more information, please visit our website at: IndependentBank.com.

    Contact: William B. Kessel, President and CEO, 616.447.3933
      Gavin A. Mohr, Chief Financial Officer, 616.447.3929

    The MIL Network

  • MIL-OSI: Sword Group : Notice of Convocation to the Shareholders for the Ordinary and Extraordinary General Meeting of the Company on April 28 2025

    Source: GlobeNewswire (MIL-OSI)

    Ladies and Gentlemen shareholders are hereby notified that they are summoned to the Ordinary and Extraordinary General Meeting on April 28, 2025, at 11:00 am at the registered office to deliberate on the following agenda:

    Under the authority of the General Meeting acting under the quorum and majority conditions of an Ordinary General Meeting:
    – Reading of the management report of the Board of Directors, including the report on the management of the Group, and report on the conclusion of the agreements referred to in article L.441-7 of the amended law of 10 August 1915 relating to the financial year ended 31 December 2024;
    – Reading of the Statutory Auditor’s report on the 2024 financial statements, the Group’s consolidated financial statements and on the performance of his assignment;
    – Approval of the statutory accounts for the year ended 31 December 2024;
    – Approval of the consolidated financial statements for the year ended 31 December 2024;
    – Appropriation of net income for the year ended 31 December 2024;
    – Discharge of the Directors for their management during the 2024 financial year;
    – Report on the remuneration paid to the Directors during the 2024 financial year;
    – Approval of the report on the remuneration and appointments policy;
    – Appointment of a new Director;
    – Approval of Directors’ annual remuneration;
    – Discharge of the réviseur d’entreprises agréé (approved statutory auditor) in respect of its engagement for the 2024 financial year;
    – Renewal of the mandate of the réviseur d’entreprises agréé [approved statutory auditor];
    – Powers for formalities.

    Authorised by the General Meeting, under the conditions required for Extraordinary General Meetings as to quorum and majority:
    – Cancellation of the share buyback programme adopted by the Extraordinary General Meeting of 28 April 2023 and authorisation to be given to the Board of Directors for the Company to buy back its own shares as part of a new buyback programme;
    – Authorisation to be given to the Board of Directors to reduce the share capital by cancelling shares acquired as part of the Company’s purchase of its own shares;
    – Powers for formalities.

    Any shareholder, regardless of the number of shares owned, has the right to participate in the General Meetings, to be represented by proxy, or to vote by correspondence.

    For information:
    The documents and information that must be communicated to the General Meeting as well as the unique vote by correspondence and proxy form (“Unique Form”) are available on the company’s website (https://www.sword-group.com/investors) and at the registered office during an uninterrupted period starting the day of the publication of this notice and ending the day after the General Meeting. Each shareholder upon production of their title may obtain a free copy of the documents under the applicable legal conditions.

    Addition of items to the agenda and the right to submit resolution proposals:
    One or more shareholders holding together at least 5% of the company’s share capital have the right to add new items to the agenda of the General Meeting and/or propose resolution projects concerning items already included or to be included in the agenda.

    Such a request must be made in writing and addressed to the Company either by postal mail (to the registered office attention Stéphanie Desmaris) or by email (to investorrelations@sword-group.lu) for receipt no later than April 6, 2025.

    The request must include either (i) the text of the new proposed agenda item(s) and the text of the corresponding resolution(s) along with an explanation or (ii) an alternative resolution project concerning an existing agenda item with a clear indication of which agenda item it concerns and an explanation. Additionally, the request must contain contact details (name, surname, phone number, postal or email address) of a contact person to allow the Company to acknowledge receipt of the request within forty-eight (48) hours as well as proof attesting to the shareholder status and representation of at least 5% of the company’s shares in the form of a confirmation issued by a financial intermediary, provided that the requester must hold this status on the “Record Date” (see definition below).

    Right to ask written questions (via electronic means):
    Shareholders have the right to ask questions regarding items on the agenda of the General Meeting. The Company commits to responding to these questions within the limits of measures it can take to ensure the identification of shareholders, the smooth running of the General Meeting and its preparation, as well as the protection of confidentiality and its commercial interests.

    General Meeting – Participate by voting by correspondence, by proxy, or through a representative:
    Only shareholders whose shareholder status appears directly or indirectly in the company’s shareholder register on the “Record Date” will have the right to participate by voting by proxy or by correspondence at the General Meeting. The “Record Date” is set for April 15, 2025.

    The Ordinary General Meeting will validly deliberate on the agenda items if at least 25% of the issued share capital is present or represented. Resolutions concerning items on the agenda will be adopted by a simple majority of the votes validly cast by represented shareholders.

    The Extraordinary General Meeting will validly deliberate on the agenda items if at least 50% of the issued share capital is represented. Resolutions concerning items on the agenda will be validly adopted if they are approved by at least two-thirds of the votes cast.

    Conditions for voting by post, by proxy or by mandatary:
    Shareholders registered on the “Record Date” may give voting instructions to the Chief Executive Officer or to a third party of their choice to vote at the General Meeting. To give voting instructions to the Chief Executive Officer, shareholders must send to the Company (attention Stéphanie Desmaris) the Unique Form duly completed, dated, and signed along with, if applicable, the registration certificate to be received at the latest by email (to investorrelations@sword-group.lu) on April 24, 2025.

    The Chief Executive Officer will vote in accordance with the instructions given by the shareholder in the aforementioned Unique Form. If no voting instruction is given in the aforementioned Unique Form, the Chief Executive Officer will vote in favor of the resolutions proposed by the Board of Directors on the agenda.

    The above-mentioned standard form is available on the company’s website.
    Shareholders who wish to revoke a Unique Form already sent to the Company can do so at any time by delivering another completed, dated, and signed form with a later date at the latest on April 24, 2025.

    This notice shall serve as a notice of convocation unless any modifications are made to the agenda following requests for the inclusion of resolution proposals submitted by shareholders.

    Luxembourg, March 28, 2025
    For the Board of Directors
    The President

    Attachment

    The MIL Network

  • MIL-OSI: OpenDrives Unveils ‘Free Your Data’ Initiative with New Astraeus Cloud-Native Data Services Platform at the 2025 NAB Show

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) — OpenDrives, Inc., a leading provider of software-defined data storage and services solutions, is making a bold statement at the 2025 NAB Show in Las Vegas: It’s time to take back control of your data. This ‘Free Your Data’ initiative is supported by the announcement of Astraeus, OpenDrives’ next-generation cloud-native data services platform.

    With the debut of Astraeus at the show, OpenDrives is tackling the challenges faced by modern enterprises and media workflows by providing the flexibility and resiliency of the cloud, but without the compounding costs, security vulnerabilities, and unpredictable availability of critical resources. As organizations rethink their workflow architectures and consider data repatriation, Astraeus offers an economically scalable and cost-predictable alternative, delivering cloud-like agility and dynamic scalability without the cost and security limitations associated with traditional public cloud storage.

    Astraeus complements the company’s award-winning Atlas data storage and management platform with its unique composability, where you only pay for the features you need in the form of two software bundles. Like Atlas, Astraeus will not charge per-capacity or for higher performance, an attractive benefit for organizations that are looking to scale back on their cloud spend without sacrificing capabilities. Both Atlas and Astraeus tout freedom of choice on where to move your data to with several certified hardware architectures and private cloud options to choose from.

    Introducing Astraeus
    Astraeus is a hardware-agnostic, cloud-native data services platform that merges high-performance storage with the ability to provision and manage integrated data services. This ensures seamless scale-out capabilities and cluster management for demanding workflows like AI/ML, Creative DevOps, VFX, and High-Performance Compute (HPC).

    With Astraeus, organizations can easily repatriate their data, bringing both data and cloud-native applications back on-premises and into the security of a private cloud. Astraeus’ cloud-native architecture allows users to fully experience the dynamic flexibility of critical business applications and move them to a secure, cost-efficient platform without the complications that arise from rearchitecting for traditional infrastructure. Furthermore, with Astraeus’ innovative approach to data services, compute and storage resources can scale independently with your business needs and are easily managed with dynamic provisioning and orchestration capabilities. Creative and non-creative teams alike can now quickly spin-up/spin-down applications, access and manage massive data sets, and optimize resources for demanding workloads.

    Unlike traditional cloud storage models, Astraeus follows an unlimited capacity pricing model, licensing per-node instead of per-capacity, enabling cost predictability and operational efficiency. This flexible model helps you break free from unpredictable cloud pricing structures and removes the anxiety of unexpected monthly increases.

    “The industry is at a turning point, and businesses need the flexibility of cloud without the unpredictability of its costs,” said Sean Lee, CEO of OpenDrives. “For years, organizations have been forced into cloud models that introduce complexity, cost variability, and data accessibility challenges. With Astraeus, we’re delivering a true cloud-native experience that puts you back in control, offering you the speed and scalability you expect, without the constraints of public cloud pricing. It’s more than just a storage or application platform; it’s a foundation for modern workflows, empowering creative and technical teams to manage, move, and leverage data in ways that drive innovation and efficiency. Whether it’s real-time collaboration, AI-driven automation, or high-performance computing, Astraeus is designed to evolve with your needs, ensuring performance, accessibility, and cost-predictability at every stage.”

    OpenDrives will be exhibiting at the upcoming 2025 NAB Show in Las Vegas, Booth SL6612 in the South Hall Lower and will be showing demos and hosting key partners, customers, and prospects by invite only at the Westgate Park Ave Hospitality Suites. Book a meeting with OpenDrives at the 2025 NAB Show.

    About OpenDrives
    OpenDrives, Inc. delivers high-performance, economically scalable, and easy-to-use data storage and services solutions—powered by the company’s software-defined platform Atlas—purpose-built to optimize high-bandwidth, low-latency media workflows. Since 2011 OpenDrives has empowered content creators and creatives with seamless, fast, shared data access, collaboration, and management capabilities that help to break down data barriers and accelerate creativity and innovation. Thanks to world-class support, composable feature bundles that promise performance and cost predictability, and flexible deployment options across on-premises, cloud, or hybrid environments, OpenDrives helps businesses effectively transform data and content into revenue. OpenDrives is headquartered in Los Angeles, CA. To learn more about OpenDrives, visit www.opendrives.com or follow us on LinkedIn.

    Click to book a press meeting with OpenDrives at the 2025 NAB Show

    The MIL Network

  • MIL-OSI: American Rebel Launches Nationwide Ad Campaign on March 31 with 30 Second TV Spot, Complemented by Digital Media Across Leading Websites, to Increase Exposure of the Company and its Products to Millions of Viewers

    Source: GlobeNewswire (MIL-OSI)

    Plans to Utilize Digital Ads and Traditional Television Spots

    Nashville, TN, March 28, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), has announced that it will launch an ad campaign to raise awareness and exposure for the Company. The Company anticipates running traditional television spots on CNBC and Fox Business as well as utilizing digital ads that will appear on many top-tier financial advice and investor education websites with combined monthly traffic of over 300 million followers.

    “When I speak with individual investors and our customers, they often express amazement that American Rebel has accomplished what it has in such a short period of time,” said American Rebel CEO Andy Ross. “Part of our responsibility to our stockholders is to educate the broader investment community about the Company’s achievements. First of all, we’ve developed an incredible beer that is all natural with no corn syrup or rice extract. We’ve developed striking and unique packaging that is very identifiable. We’ve created strong awareness in the distributor community and reached significant distribution agreements in multiple states. We’re front and center in the entertainment district in Nashville where we’re told more beer is sold in this particular several square mile area than anywhere else in the world. This story needs to be shared far and wide.”

    American Rebel has developed the TV and Digital Marketing Campaign in partnership with Martini & Partners Advertising, LLC and Martini & Partners will manage the ad placements. TV spots and digital ads are expected to begin on Monday, March 31. For more information on American Rebel, go to americanrebelbeer.com/investor-relations.

    Company highlights include access to the largest co-packer in the country that has capacity to brew over 230,000,000 cases of beer annually for its customers, American Rebel Beer has an experienced team of alcohol industry professionals with over 100 years of industry experience, and American Rebel Beer benefits from support from its publicly-traded parent company, American Rebel Holdings, Inc. (NASDAQ: AREB).

    American Rebel has contracted with many leading beer distributors in the country, including Clark Distributing Co and Stagnaro Distributing in Kentucky; Bonbright Distributors, Tramonte Distributing Co and Stagnaro Distributing in Ohio; Dichello Distributors in Connecticut; Gray Eagle Distributors in Missouri; Adams Beverages in North Carolina, Best Brands in Tennessee, Standard Beverage in Kansas, Mahaska Bottling Co in Iowa and Clark Beverage Group in Mississippi. These industry-leading distributors are part of the Miller/Coors Network, the Anheuser Busch Network or are a major independent distributor.

    American Rebel Beer also utilizes the musical and media assets of its CEO, Andy Ross. Andy has performed for American Rebel Beer launch parties at Kid Rock’s in Nashville, The Toad in Connecticut and the MAPS Air Museum in North Canton, OH. An April launch party is scheduled for Bowling Green, KY to support American Rebel Beer’s launch in the state of Kentucky. The company also plans Rebel Light Nights throughout the country to support individual on-premise locations. One very important performance is scheduled at Fort Campbell, KY to celebrate the Army’s 250th anniversary at the home of the 101st Airborne – the Screaming Eagles.

    CEO Andy Ross has appeared on Fox & Friends on Fox News, and segments on Newsmax and OAN (One America Network) to share the American Rebel story. He has also appeared on numerous local morning show network television broadcasts in San Diego, CA; Las Vegas, NV; Tampa, FL; Nashville, TN; and Kansas City, MO and multiple podcasts and radio interviews.

    About American Rebel Light Beer

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

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

    About American Rebel Holdings, Inc.

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

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of Nationwide Ad Campaign, success and availability of the promotional activities and ad campaigns, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023 and Form 10-Q for the quarter ended September 30, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com

    For Media Inquiries Contact:
    Matt@Precisionpr.co

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    The MIL Network

  • MIL-OSI: Top Producing Branch Manager Ted Edginton Joins Rate in Birmingham, MI

    Source: GlobeNewswire (MIL-OSI)

    BIRMINGHAM, Mich., March 28, 2025 (GLOBE NEWSWIRE) — Rate, a leader in fintech mortgage solutions, today announced the addition of Ted Edginton as its new Producing Branch Manager in Birmingham, Michigan. With over 22 years of career experience as a senior loan officer, Edginton has a track record of success, industry knowledge, and a client-first approach to Rate’s team.

    Edginton joins Rate after over two decades with U.S. Bank, where he built a reputation for top-tier service and consistent production. Recognized for his high volume and unit production year after year, he has been a member of the President’s Circle and Legends of Possible since 2008.

    “My team and I made a strategic move to Rate because of the strength of its product offerings and focus on the client experience,” said Edginton. “With Rate’s platform, I can serve my clients faster, more efficiently, and with more options tailored to their needs with less stress. I’m excited to bring this level of service to even more people in my community.”

    Known for his commitment to service, Edginton prides himself on being accessible to clients, outlining a clear path to the finish line, and treating every borrower like family. His expertise spans a wide range of products, including VA, FHA, Construction-Perm/Rehab, Reverse, Physician, programs for the self employed, and other unique Portfolio Loans.

    “We’re all very excited to welcome Ted to the Rate team,” said Jeff Nelson, Chief Production Officer-East at Rate. “His expertise and success are a wonderful addition to a great Rate family.”

    Beyond his professional accomplishments, Edginton is actively involved in the local community, including the Greater Metropolitan Association of Realtors (GMAR) in Southeast Michigan and the Michigan Realtors Association. He also was the first non-Realtor inducted into the Realtor Hall of Fame in Washinton D.C. and is continually recognized in Hour Magazine as an annual Mortgage All Star. His dedicated engagement reinforces his strong referral network and commitment to supporting local agents and clients.

    With this move, Rate continues to expand its footprint in Michigan, focusing on personalized service, powerful products, and a team of trusted experts like Edginton.

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans and refinances. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Honors and awards include: Top 5 Mortgage Lender by Inside Mortgage Finance for 2024; Best Mortgage Lender for First-Time Homebuyers by NerdWallet for 2023; HousingWire’s Tech100 award for the company’s industry-leading FlashClose℠ digital mortgage platform in 2020, MyAccount in 2022, and Language Access Program in 2023; the most Scotsman Guide Top Originators for 11 consecutive years; Chicago Agent Magazine’s Lender of the Year for seven consecutive years; and Chicago Tribune’s Top Workplaces list for seven straight years. Visit rate.com for more information.

    Press Contact

    press@rate.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5d5241a-e42d-4056-96eb-25926084c7ec

    The MIL Network

  • MIL-OSI: Euronext publishes its 2024 Universal Registration Document

    Source: GlobeNewswire (MIL-OSI)

    Euronext publishes its 2024 Universal Registration Document

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 28 March 2025 – Euronext, the leading pan-European market infrastructure, today announces that it has filed its 2024 Universal Registration Document, prepared in ESEF format (European Single Electronic Format), including the 2024 Annual Financial Statements and Directors’ Report to the Stichting Autoriteit Financiële Markten (the “AFM”), on 28 March 2025, as competent authority under Regulation (EU) 2017/1129.

    The 2024 Universal Registration Document has been filed in English and is available in ESEF format on Euronext’s website at:
    https://www.euronext.com/en/investor-relations/financial-information/financial-reports

    Printed copies of the official version filed to the AFM in ESEF format are available at the registered office of Euronext N.V.: Beursplein 5 1012 JW Amsterdam The Netherlands.

    CONTACTS  

    ANALYSTS & INVESTORS ir@euronext.com

    Investor Relations        Aurélie Cohen                 

            Judith Stein        +33 6 15 23 91 97          

    MEDIA – mediateam@euronext.com 

    Europe        Aurélie Cohen         +33 1 70 48 24 45   

            Andrea Monzani         +39 02 72 42 62 13 

    Belgium        Marianne Aalders         +32 26 20 15 01                 

    France, Corporate        Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 

    Ireland        Andrea Monzani         +39 02 72 42 62 13                 

    Italy         Ester Russom         +39 02 72 42 67 56                 

    The Netherlands        Marianne Aalders         +31 20 721 41 33                 

    Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10                 

    Portugal         Sandra Machado        +351 91 777 68 97                

                   

    About Euronext  

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.

    As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices.

    For the latest news, go to euronext.com or follow us on X and LinkedIn.

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

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    The MIL Network

  • MIL-OSI: HTX Announces Revolutionary Hourly Compounding on HTX Earn, Redefining Crypto Earning Efficiency with 200+ Products

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 28, 2025 (GLOBE NEWSWIRE) — HTX, a global powerhouse in the cryptocurrency exchange arena, is proud to announce a significant leap forward in passive income solutions! In a decisive move to empower users amidst rising macroeconomic uncertainty and crypto market volatility, HTX is fortifying its commitment to stable and efficient earnings through its flagship HTX Earn platform. The platform’s latest enhancements, including a fully upgraded Auto-Earn feature and an unparalleled portfolio of over 200 high-yield products, are now live, delivering groundbreaking hourly compounding and redefining crypto earning efficiency.

    The crypto market has experienced significant fluctuations in recent months, with Bitcoin retreating from its $109K high and altcoins facing steeper declines. Investor sentiment has shifted from “greed” to “fear,” prompting a search for stable and reliable passive income solutions. HTX Earn is meeting this demand by offering top-tier yields, an extensive range of supported assets, and continuous product upgrades.

    Auto-Earn: Streamlining Trading and Earning

    HTX Earn’s upgraded Auto-Earn feature introduces a simplified, one-click subscription and redemption process, optimizing capital deployment. This system automatically subscribes users’ spot balances into corresponding Flexible Earn products hourly, maximizing returns through compound interest. When users execute spot trades, their Earn balances are automatically redeemed in real-time, facilitating seamless trading.

    This integration of trading and earning ensures that assets remain productive, even during market downturns, providing users with continuous earning potential and immediate liquidity.

    High-Yield Opportunities Across Diverse Assets

    HTX Earn offers consistently competitive Annual Percentage Yields (APYs), particularly for stablecoins and Proof-of-Stake (PoS) assets. Key offerings include:

    • USDD Flexible Earn: 8% APY, 9.4x higher than typical stablecoin products, with 1:1 USDT subscription and zero slippage.
    • ETH, TRX, and SOL Flexible Earn: Returns comparable to on-chain staking, without the technical complexities.
    • $HTX Flexible Earn: 4% APY plus automatic entry into Launchpool events, with airdrops of trending project tokens.
    • Support for over 200 cryptocurrencies, with new listings offering APYs up to 100%.

    The platform’s top-performing Flexible Earn products include USDT, USDD, BTC, ETH, and $HTX, with growing interest in DOGE and SHIB. As the TRON Meme Season 2.0 approaches, HTX anticipates further expansion of its Earn ecosystem with new asset listings.

    Additionally, HTX Earn features a monthly “Earning Day” promotion, offering APY Booster Coupons and exclusive benefits. Recent promotions included time limited fixed-term products for BTC, ETH, and USDT.

    HTX Earn: A Solution for Every Market Cycle

    HTX Earn continues to prioritize user-centric innovation and a robust passive income ecosystem. From future balance yields to hourly compounding on spot balances, and from a wide range of supported assets to $HTX-powered ecosystem incentives, HTX Earn is designed to ensure assets remain productive regardless of market conditions.

    About HTX

    Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

    As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

    To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

    For further inquiries, please Contact: Ruder Finn Asia glo-media@htx-inc.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bad09e71-5ee2-40bb-aadb-c0ab6fdcdfcb

    The MIL Network

  • MIL-OSI: VIRTUNE AB (PUBL) PUBLISHES ANNUAL REPORT FOR THE FINANCIAL YEAR 2024

    Source: GlobeNewswire (MIL-OSI)

    The annual report and audit report for Virtune AB (Publ) for the financial year 2024 are 
    now available, either via the attached PDF or on our website: https://virtune.com/ This is 
    ahead of the annual general meeting on May 21, 2025.

    Attachment

    The MIL Network

  • MIL-OSI: Sword Group: Availability of preparatory documents for the Ordinary and Extraordinary General Meeting of 28 April 2025

    Source: GlobeNewswire (MIL-OSI)

    The  Ordinary  and  Extraordinary  General  Meeting  of Shareholders of Sword Group SE will be held  at 11 a.m. on 28 April 2025.

    The notice of meeting including the agenda was published in the RESA (Recueil électronique des sociétés et associations) and in the Luxemburger Wort on 28 March 2025.

    The terms and conditions for attending and voting at this meeting are set out in this notice.

    The documents and information that must be provided at the General Meeting, together with the single form for participation,  postal voting  and  proxy (the  «Single Form»),  are  available  on the  Company’s  website  here and at the registered office for an uninterrupted period commencing on  the  day of  publication  of this  notice and  ending  on  the  day  after  the  General Meeting. Upon presentation of their shares, shareholders may obtain copies of the documents free of charge under the applicable legal conditions.

    Registered shareholders must send the Company the duly completed, dated and signed Single Form, together, where applicable, with the registration certificate, which must be received by the Company no later than 24 April 2025 by e-mail (to investorrelations@sword-group.lu).

    Dividend
    €2.0 gross per shre
    Ex-date: April 30, 2025
    Payment: May 2, 2025
    Pending approval at the Annual General Meeting on April 28.

    Calendar
    24/04/25 | 2025 First Quarter Revenue

    24/07/25 | 2025 Second Quarter Revenue

    About Sword Group
    Sword has 3,200+ IT/Digital specialists active in 50+ countries to accompany you in the growth of your organisation in the digital age.
    As a leader in technological and digital transformation, Sword has a solid reputation in complex IT & business project management.
    Sword optimises your processes and enhances your data.

    Attachment

    The MIL Network

  • MIL-OSI: Sword Group: Information on the Number of Shares and Voting Rights at 28/02/2025

    Source: GlobeNewswire (MIL-OSI)

    INFORMATION ON THE NUMBER OF SHARES AND VOTING RIGHTS AT 28/02/2025

    Total Number of Shares: 9,544,965
    Number of theoretical voting rights: 9,544,965
    Number of exercisable voting rights: 9,434,468

    Dividend
    €2.0 gross per shre
    Ex-date: April 30, 2025
    Payment: May 2, 2025
    Pending approval at the Annual General Meeting on April 28.

    Calendar
    24/04/25 | 2025 First Quarter Revenue

    24/07/25 | 2025 Second Quarter Revenue

    About Sword Group
    Sword has 3,200+ IT/Digital specialists active in 50+ countries to accompany you in the growth of your organisation in the digital age.
    As a leader in technological and digital transformation, Sword has a solid reputation in complex IT & business project management.
    Sword optimises your processes and enhances your data.

    Attachment

    The MIL Network

  • MIL-OSI: Sword Group: Availability of the 2024 Financial Report

    Source: GlobeNewswire (MIL-OSI)

    According to the current regulations, Sword Group announces that its 2024 Financial Report has been made available to the public.

    It was sent to the Commission de Surveillance du Secteur Financier (CSSF) and was also filed with the Luxembourg Stock Exchange.

    It can be viewed and downloaded on the website of the company:

    2024 FINANCIAL REPORT

    Dividend
    €2.0 gross per shre
    Ex-date: April 30, 2025
    Payment: May 2, 2025
    Pending approval at the Annual General Meeting on April 28.

    Calendar
    24/04/25 | 2025 First Quarter Revenue

    24/07/25 | 2025 Second Quarter Revenue

    About Sword Group
    Sword has 3,200+ IT/Digital specialists active in 50+ countries to accompany you in the growth of your organisation in the digital age.
    As a leader in technological and digital transformation, Sword has a solid reputation in complex IT & business project management.
    Sword optimises your processes and enhances your data.

    Attachment

    The MIL Network

  • MIL-OSI: Lectra: availability of 2024 Annual Financial Report

    Source: GlobeNewswire (MIL-OSI)

    Lectra: availability of 2024 Annual Financial Report

    Paris, March 28, 2025 – Lectra announces that its 2024 Annual Financial Report has been released and filed with the French Financial Markets Authority (Autorité des marchés financiers).

    The 2024 Annual Financial Report containing the Management Report, the Report on Corporate Governance and Sustainability Report is now available in the ESEF format (European Single Electronic Format) and in PDF version on the company’s website: https://www.lectra.com/fr/investisseurs.

    A condensed English version of the Annual Financial Report 2024 is also available on the company’s website: https://www.lectra.com/en/investors.

     About Lectra

    As a major player in the fashion, automotive and furniture markets, Lectra contributes to the Industry 4.0 revolution with boldness and passion by providing best-in-class technologies.The Group offers industrial intelligence solutions – software, equipment, data and services – that facilitate the digital transformation of the companies it serves. In doing so, Lectra helps its customers push boundaries and unlock their potential. The Group is proud to state that its 3,000 employees are driven by three core values: being open-minded thinkers, trusted partners and passionate innovators.Founded in 1973, Lectra reported revenues of 527 million euros in 2024. The company is listed on Euronext, where it is included in the following indices: CAC All Shares, CAC Technology, EN Tech Leaders and ENT PEA-PME 150.

    For more information, visit lectra.com.

    Lectra – World Headquarters: 16–18, rue Chalgrin • 75016 Paris • France
    Tel. +33 (0)1 53 64 42 00 – www.lectra.com
    A French Société Anonyme with capital of €37,966,274 • RCS Paris B 300 702 305

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    The MIL Network

  • MIL-OSI: Equasens: 2024 annual results

    Source: GlobeNewswire (MIL-OSI)

    Villers-lès-Nancy, 28 March 2025 – 6:00 p.m. (CET)

    PRESS RELEASE

    2024 annual results

    • Full-year results adversely affected by difficult economic conditions in H1 combined with continuing investment efforts:
      • Revenue: €216.8m (-1.4%)
      • Current Operating Income: €45.1m (-19.2%)
      • Net profit attributable to Group shareholders: €36.2m (-23.0%)
    • At the same time, profit margins remained high, and even improved over the year:
      • Current operating income / Revenue: 20.8% on a reported basis (H1: 19.3% and H2: 22.3%)
      • Solid balance sheet structure: financial surplus remains strong at €79.5m
      • Annual dividend proposal: €1.25 per share
    • 2025 outlook:
      • Return to revenue growth of close to 10% by the end of 2025
      • Deployment of new solutions integrating artificial intelligence
      • New cloud solutions generating recurring revenues
      • Strategy of external growth in France and Europe maintained
    2024 RESULTS (€m) 2023
    Reported basis
    2024
    Reported basis
    Change / Reported basis of which External growth
    Revenue 219.7 216.8 -3.0 -1.4% 7.2
    Current Operating Income (COI) 55.8 45.1 -10.7 -19.2% 0.1
    Net Profit 48.9 37.8 -11.1 -22.7%  
    Net Profit attributable to the Group 47.0 36.2 -10.8 -23.0%  

    On 28 March 2025, the Board of Directors of EQUASENS, chaired by Thierry CHAPUSOT, examined and approved the financial statements for the year ended 31 December 2024 in the presence of the Statutory Auditors and Sustainability Auditor. The audit procedures for the consolidated accounts have been completed. The auditors’ report will be issued after the management report has been reviewed and the procedures for filing the annual report have been completed.

    2024 COI (€m) / Division 2023
    Reported basis
    2024
    Reported basis
    Change / Reported basis of which
    External growth
    Pharmagest 36.7 30.7 -6.0 -16.4% 0.2
    Axigate Link 10.4 10.2 -0.2 – 2.3%  
    e-Connect 6.7 4.8 -1.9 -28.0%  
    Medical Solutions 2.2 0.2 -2.0 -92.0% -0.1
    Fintech -0.2 -0.8 -0.6  
    Current Operating Income 55.8 45.1 -10.7 -19.2% 0.1

    2024 highlights

    • January: Acquisition of a 70% majority stake in DIGIPHARMACIE, an expert in digitisation and management of pharmacy supplier invoices. In November, the company was registered subject to conditions for inclusion in the French electronic invoicing reporting platform (Plateforme de Dématérialisation Partenaire or PDP);
    • In December: Acquisition of a 90% stake in CALIMED, a practice management software editor for private practice surgeons, general practitioners and specialists.

    Detailed Analysis by Division

    PHARMAGEST Division: a contraction in earnings reflecting lower like-for-like sales and investments to strengthen teams in Europe (COI/Sales: 18.8% in 2024 and 20.4% for H2 alone)

    The decline in the Division’s operating income was mainly attributable to the unfavourable economic climate in the first half of the year, which led to a sharp drop in sales in France in the configuration and hardware segment.
    In this context, the Division’s business development strategy, focused on acquiring new customers and rolling out new software and hardware solutions, helped contribute to renewed momentum in the second half of the year.
    And without calling into question the efforts to ramp up teams in the first half, cost rationalization measures were implemented which contributed to a profit margin of 21.1% in H2 for historical activities.
    It should be noted that the temporary dilutive effect from the most recent changes in scope on the Division’s average profitability is 0.7% in 2024.

    AXIGATE LINK Division: a consistently high rate of profitability (COI/Sales: 31.8% in 2024 and 34.8% for H2 alone)

    The Division delivered a significant performance in H2 driven by growth in revenue in most of its businesses. This growth makes it possible to absorb the costs of deploying new SaaS solutions (TitanLink) and extending the homecare service offering (DomiLink) for the relevant regional care coordination entities (CRT).

    E-CONNECT division: current operating income declined in response to lower sales (COI/Sales: 42.9% in 2024 and 40.5% for H2 alone)

    As previously reported, the Division’s sales and earnings were boosted in 2023 by the announcement of the discontinuation of Application Reader Terminal sales and strong demand from non-Group software publishers in response.

    Despite this less favourable context, by adopting rigorous cost control and maintaining steady sales with Group software publishers, the division’s profit remained high.

    MEDICAL SOLUTIONS Division: a year of transition from the Ségur programme to a focus on new software solutions (COI/Sales: 2.2% in 2024 and 4.4% for H2 alone)

    Following the roll-out of MédiStory 4 and the Ségur programme, the Division is building a new business model based on a strategy of cross-selling and recurring revenues.
    The cost of developing new software solutions, notably the LOQUii AI voice consultation assistant, launched in Q4 2024, as well as the overhaul of distribution channels, are temporarily impacting the Division’s profitability.

    FINTECH Division: a deterioration in operating income in the second half of the year (COI/Sales: -38.1% in 2024 and -73.4% in H2 alone)

    After a rather encouraging first half, the default of a business contributor forced the Division to book a provision for impairment of €0.5m.

    2024 consolidated balance sheet highlights

    • Cash flow after interest and tax came to €46.9m.
      • In addition to dividends, financial resources are mainly devoted to R&D investments, IT infrastructure and external growth (€21.1m) and debt reduction (€12.6m).
      • Despite these significant investments, the financial surplus remains favourably oriented at €79.5m, compared with €79.3m at 12/31/2023, giving the Group considerable autonomy and investment capacity to support its growth strategy.
      • It should be noted that IFRS 16 lease liabilities and put options for minority shareholders are now recorded under “Other liabilities”.

    Proposed dividend

    The Board of Directors will propose the payment of a gross dividend of €1.25 per share for fiscal 2024 at the Annual General Meeting on June 25, 2025.

    2025 outlook

    Backed by investments in R&D, infrastructure and human capital both in France and in Europe, the Group maintains its target of a return to revenue growth in 2025, with positive momentum in H1 followed by a marked acceleration in H2, with anticipated nominal growth of close to 10%.

    This growth trajectory will be bolstered by:

    • Innovation and Artificial Intelligence as drivers of differentiation, for example LOQUii or id. genius;
    • The gradual transition of new solutions to a SaaS business model to boost recurring revenues;
    • The deployment of new high value-added solutions, such as id. express, id. pay, or solutions for large-scale deployment, like Kap-eCV;
    • The Group’s patient-focused strategy and multi-professional interoperability, with PandaLab and Multimeds.

    While profitability remains solid, it will continue to be impacted by the ongoing investments to prepare for this growth trajectory, which will be based on the Group’s ability to deliver innovative, value-creating offerings to its customers.

    Financial calendar:

    • 31 March 2025: Presentation of FY 2024 results
    • 12 May 2025: Publication of Q1 2025 revenue
    • 25 June 2025: Annual General Meeting
    • 31 July 2025: Publication of Q2 2025 revenue
    • 26 September 2025: 2025 H1 results
    • 5 November 2025: Publication of Q3 2025 revenue
    • 5 February 2026: Publication of FY 2025 revenue

    About Equasens Group

    Founded over 35 years ago, Equasens Group, a leader in digital healthcare solutions, today employs over 1.300 people across Europe.
    Equasens Group’s specialised business applications facilitate the day-to-day work of healthcare professionals and their teams, working in private practice, collaborative medical structures or healthcare establishments. The Group also provides comprehensive support to healthcare professionals in the transformation of their profession by developing electronic equipment, digital solutions and healthcare robotics, as well as data hosting, financing and training adapted to their specific needs.
    And reflecting the spirit of its tagline “Technology for a More Human Experience”, the Group is a leading provider of interoperability solutions designed to improve coordination between healthcare professionals, their communications and data exchange resulting in better patient care and a more efficient and secure healthcare system.

    Listed on Euronext Paris™ – Compartment B

    Indexes: MSCI GLOBAL SMALL CAP – GAÏA Index 2020 – CAC®SMALL and CAC®All-Tradable
    Included in the Euronext Tech Leaders segment and the European Rising Tech label

    Eligible for the Deferred Settlement Service (“Service à Réglement Différé” – SRD) and equity savings accounts invested in small and mid-caps (PEA-PME).
    ISIN: FR 0012882389 – Ticker Code: EQS

    Get all the news about Equasens Group www.equasens.com and on LinkedIn

    CONTACTS

    Analyst and Investor Relations:
    Chief Administrative and Financial Officer: Frédérique Schmidt
    Tel: +33 (0)3 83 15 90 67 – frederique.schmidt@equasens.com

    Financial communications agency:
    FIN’EXTENSO – Isabelle Aprile

    Tel.: +33 (0)6 17 38 61 78 – i.aprile@finextenso.fr

    Forward-looking statements
    This press release contains forward-looking statements that are not guarantees of future performance and are based on current opinions, forecasts and assumptions, including, but not limited to, assumptions about Equasens’ current and future strategy and the environment in which Equasens operates. These involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to materially differ from those expressed in or implied by such forward-looking statements. These risks and uncertainties include those detailed in Chapter 3 “Risk factors” of the Universal Registration Document filed with the French financial market authority (Autorité des Marchés Financiers or AMF) on April 29, 2024 under number D.24-0366. These forward-looking statements are valid only as of the date of this press release.

    Attachment

    The MIL Network

  • MIL-OSI: XRP News: XploraDEX $XPL Token Sparks Investor Surge as Demand Skyrockets Across XRP Ecosystem

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, March 28, 2025 (GLOBE NEWSWIRE) — The XRP community is witnessing a breakout moment as investor enthusiasm for the $XPL Token, the native asset powering XploraDEX, surges at an unprecedented rate. Built as the first AI-powered decentralized exchange on the XRP Ledger, XploraDEX is igniting intense interest from both institutional and retail investors looking to capitalize on a new generation of intelligent trading tools.

    In less than a week, the $XPL Token Presale has already seen participation from unique wallets, with multiple whale wallets initiating large, strategic purchases—confirming what early adopters already know: XploraDEX could be the defining DeFi moment for XRPL in 2025.

    GET $XPL TOKENS ON PRESALE

    AI Meets DeFi on XRPL – A Timely Catalyst for a Bullish Ecosystem

    As XRP continues to hold its position as a top-tier blockchain for fast and low-cost transactions, the ecosystem has long lacked a sophisticated DeFi layer to compete with Ethereum and Solana. XploraDEX fills that void and goes further by introducing AI-based trading intelligence, predictive analytics, and fully autonomous liquidity management.

    We didn’t just want to build a DEX, we wanted to build a trading experience that learns, evolves, and helps every user become more profitable,” said a spokesperson from the XploraDEX team. The presale interest we’re seeing validates that vision.

    What’s Fueling the $XPL Presale Frenzy?

    Real Utility from Day One: $XPL isn’t just a governance token, it powers access to exclusive trading tools, fee discounts, staking rewards, and AI analytics modules.

    Market Timing: As AI narratives continue to dominate 2025 investment trends, XploraDEX offers the first DeFi-native opportunity to gain exposure to the AI revolution directly on XRPL.

    Community Momentum: With XRP influencers, Telegram groups, and crypto Twitter amplifying the opportunity, the $XPL presale is turning into one of the most talked-about launches this quarter.

    Whale Activity: Blockchain tracking confirms that top-tier XRP holders are participating heavily, indicating high confidence in the long-term value proposition of XploraDEX.

    BUY $XPL ON PRESALE

    A Deeper Look at $XPL Token Utility

    The XploraDEX platform is built around an ecosystem where $XPL fuels everything. Holders get:

    • Access to AI-powered auto-trading tools
    • Deep fee discounts for frequent users
    • Staking for passive income in XPL and partner tokens
    • Liquidity mining incentives for early DEX participants
    • Governance rights to shape the future of the protocol
    • Priority placement in partner IDOs and DeFi launches

    With such integrated functionality, demand for $XPL isn’t just hype—it’s utility-driven.

    Buy $XPL Tokens Now: https://sale.xploradex.io

    The Window Is Narrowing – Don’t Get Left Behind

    The $XPL Presale is unfolding in structured phases, with token prices increasing at each stage. As of this release, Phase 1 is nearly 80% filled, and momentum is accelerating with every new wallet joining the ecosystem.

    Investors looking to secure their allocation are urged to act quickly before the current tier sells out.

    Conclusion: XploraDEX Is More Than a DEX, It’s XRPL’s AI Frontier

    In a crypto market hungry for substance, XploraDEX brings together innovation, speed, and scalability, all layered with intelligence. The $XPL token represents a chance to be early—not just in a platform, but in an entire category: AI DeFi on XRPL.

    Join the $XPL Presale While Allocations Last: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

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

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

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

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e770c0f4-1d82-4d5d-b1c4-1700b5f759d1

    The MIL Network

  • MIL-OSI: BNP Paribas SA: Restatement of new 2024 quarterly series in the 2025 format

    Source: GlobeNewswire (MIL-OSI)


    PRESS RELEASE

    Paris, 28 March 2025

    This restatement has no impact on the Group’s published 2024 results and changes only the analytical breakdown of business lines, divisions and Corporate Centre segment. However, it impacts the risk-weighted assets of the various business lines, divisions and Group.

    In order to present a consistent reference with the presentation of the financial statements and the results applied from 1 January 2025, the quarterly series for the 2024 financial year include the main effects described below:

    • The change in the allocation of normalized equity from 11% to 12% of risk-weighted assets: as part of the coming into force of the finalisation of Basel 3 (Basel 4) on 1 January 20251, and in line with its CET1 target of 12%, the Group decided to change the normalized equity allocated to its business lines, excluding Insurance, to 12% of risk-weighted assets, from 11% previously, as of 1 January 2025;
    • The impact of this transposition (Basel 4)1 on the level of risk-weighted assets;
    • Full consolidation in the prudential scope of entities under the exclusive control of the Arval business as if it had occurred on 1 January 2024 (instead of 1 July 2024);
    • The geographical focus (sale and run-off of businesses in 10 countries) carried out by Personal Finance. It leads to the reclassification of income and business data from the non-strategic or non-core perimeter (equivalent to the activities put into run-off) in the Corporate Centre. Personal Finance’s profit and loss account therefore corresponds to the remaining strategic or core perimeter ;
    • A change in revenue allocation methodology between Wealth Management and Corporate Centre;
    • The business indicators at BNL are restated to take into account a precise breakdown of deposits by category (current, savings and term) and off balance sheet savings (assets under Discretionary Portfolio Management now included).



    The following non-audited appendices detail the 2024 quarterly results in line with these developments.

    • Appendix 1: 2024 restated Group profit & loss, unchanged compared to 2024 Published Group profit & loss
    • Appendix 2: Effects of the restatement on operating divisions
    • Appendix 3: Effects of the restatement on Corporate Centre
    • Appendix 4: Effects on deposits and off balance sheet savings of BNL
    • Appendix 5: New quarterly restated series​ for all operating divisions and businesses


    NEW QUARTERLY SERIES IN EXCEL FORMAT ARE AVAILABLE ON THE FOLLOWING WEBSITE: HTTPS://INVEST.BNPPARIBAS.COM

    Calendar

    •      9 APRIL 2025: START OF THE QUIET PERIOD
    •      24 APRIL 2025: RELEASE OF 1Q25 RESULTS

    • 13 May 2025: Annual General Meeting
    • 19 May 2025: 2024 Dividend detachment date
    • 21 May 2025: 2024 Dividend payment date
    • 10 June 2025: Deep Dive Personal Finance
    • 26 June 2025: Deep Dive Commercial & Personal Banking in France
    • 24 July 2025: release of 2Q25 results

    Investor relations contact

    Bénédicte Thibord – benedicte.thibord@bnpparibas.com

    Equity
    Raphaëlle Bouvier-Flory – raphaelle.bouvierflory@bnpparibas.com
    Lisa Bugat – lisa.bugat@bnpparibas.com
    Didier Leblanc – didier.m.leblanc@bnpparibas.com
    Olivier Parenty – olivier.parenty@bnpparibas.com
    Guillaume Tiberghien – guillaume.tiberghien@uk.bnpparibas.com

    Debt & Rating agencies
    Didier Leblanc – didier.m.leblanc@bnpparibas.com
    Olivier Parenty – olivier.parenty@bnpparibas.com

    Retail & ESG
    Antoine Labarsouque – antoine.labarsouque@bnpparibas.com

    E-mail : investor.relations@bnpparibas.com

    1 Transposition into European law of the finalisation of Basel 3 (Basel 4) by Regulation (EU) 2024/1623 of the European Parliament and of the Council of 31 May 2024 amending Regulation (EU) 575/2013, published in the Official Journal of the European Union on 19 June 2024.

    Attachment

    The MIL Network

  • MIL-OSI: Sword Group: H2 2024 Report of the Liquidity Agreement contracted with ODDO BHF

    Source: GlobeNewswire (MIL-OSI)

    from 01/07/2024 au 31/12/2024

    Under the liquidity contract awarded by Sword Group to ODDO BHF, as of 31/12/2024, the following resources appeared on the account of liquidity:
    8,755 shares
    €387,881
    – Number of transactions executed during the semester at purchase: 1 ,359
    – Number of transactions executed during the semester on sale: 1,435
    – Volume exchanged over the semester upon purchase: 56,560 shares for an amount of €1,969,285
    – Volume exchanged over the semester for sale: 57,641 shares for an amount of €2,018,690.25

    As a reminder, during the last balance sheet of 30/06/2024, the following resources appeared in the liquidity account:
    9,836 shares
    €3338,476

    The implementation of the liquidity contract is carried out in accordance with AMF Decision No. 2018-01 dated July 2, 2018, establishing liquidity contracts on equity securities as accepted market practice.

    About Sword Group
    Sword has 3,200+ IT/Digital & Software specialists present in 50+ countries to accompany you in the growth of your organisation in the digital age.
    As a leader in technological and digital transformation, Sword has a solid reputation in software publishing and in complex IT & business project management.
    Sword optimises your processes and enhances your data.

    Calendrier
    24/04/25 | 2025 First Quarter Revenue
    24/07/25 | 2025 Second Quarter Revenue

    Contact: investorrelations@sword-group.lu

    Attachment

    The MIL Network

  • MIL-OSI: WENDEL: Availability of the 2024 Universal Registration Document 

    Source: GlobeNewswire (MIL-OSI)

    2024 Universal Registration Document 

    Wendel’s Universal Registration Document for the year ended December 31, 2024, was filed with the French Financial Markets Authority (AMF) on Thursday, March 28, 2025. It is available to the public, in French, pursuant to the regulations in force. 

    It includes: 

    • the 2024 annual financial report, 
    • the Supervisory Board’s report on corporate governance, 
    • the Statutory Auditors’ reports, 
    • information regarding the fees paid in 2024 to the Statutory Auditors, 
    • required information regarding the share buyback program, 
    • the social, societal and environmental information constituting the preparation of the sustainability statement. 

    This document may be viewed under “Regulated information” and “Shareholders’ Meetings” in the “Investors” section of Wendel’s website (www.wendelgroup.com/en) as well as on the website of the AMF (www.amf-france.org). It will also be available at the Company’s head office, located at 2-4, rue Paul-Cézanne, 75008 Paris – France. 

    An English version of the Universal Registration Document will be available on Wendel’s website no later than   April 8, 2024.

    Shareholders’ Meeting as of May 15, 2025

    Wendel informs its shareholders that the Shareholders’ Meeting will be held on Thursday May 15, 2025, at 3 p.m. (Paris time) at the Auditorium Cézanne Saint-Honoré, located at 2-4, rue Paul-Cézanne, 75008 Paris.

    Agenda

    Thursday, April 24, 2025

    Q1 2025 Trading update – Publication of NAV as of March 31, 2025 (post-market release)

    Thursday, May 15, 2025

    Annual General Meeting

    Wednesday, July 30, 2025

    H1 2025 results – Publication of NAV as of June 30, 2025, and condensed Half-Year consolidated financial statements (post-market release)

    Thursday, October 23, 2025

    Q3 2025 Trading update – Publication of NAV as of September 30, 2025 (post-market release)

    Friday, December 12, 2025

    2025 Investor Day

    About Wendel

    Wendel is one of Europe’s leading listed investment firms. Regarding its principal investment strategy, the Group invests in companies which are leaders in their field, such as ACAMS, Bureau Veritas, Crisis Prevention Institute, Globeducate, IHS Towers, Scalian, Stahl and Tarkett. In 2023, Wendel initiated a strategic shift into third-party asset management of private assets, alongside its historical principal investment activities. In May 2024, Wendel completed the acquisition of a 51% stake in IK Partners, a major step in the deployment of its strategic expansion in third-party private asset management and also announced in October 2024 the acquisition of 75% of Monroe Capital. Pro forma of Monroe Capital, Wendel manages more than 33 billion euros on behalf of third-party investors, and c.7.4 billion euros invested in its principal investments activity.

    Wendel is listed on Eurolist by Euronext Paris.

    Standard & Poor’s ratings: Long-term: BBB, negative outlook – Short-term: A-2 

    Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of “Grand Mécène de la Culture” in 2012.

    For more information: wendelgroup.com

    Follow us on LinkedIn @Wendel 

    Attachment

    The MIL Network

  • MIL-OSI: WisdomTree Metal Securities

    Source: GlobeNewswire (MIL-OSI)

    WisdomTree Metal Securities
    LEI: 213800QFA5KMBW5CVX71
    28 March 2025

    WISDOMTREE METAL LIMITED

    WisdomTree Metal Securities Limited (the “Issuer”) hereby announces that the following base prospectus has been approved by the Financial Conduct Authority and the Central Bank of Ireland:

    Prospectus for the issue of WisdomTree Metal Securities dated 28 March 2025 the “Prospectus”).

    To view the full document, please paste the following URL into the address bar of your browser:

    https://www.wisdomtree.eu/-/media/eu-media-files/key-documents/prospectus/etf-securities/prospectus—etfs-metal-securities-limited.pdf

    Terms used in this announcement and not otherwise defined bear the meanings given in the Prospectus.

    For further information, please contact:

    WisdomTree
    infoeu@wisdomtree.com

    The MIL Network