Category: GlobeNewswire

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on PLTY (100.21%), MARO (75.43%), ULTY (75.27%), MRNY (69.46%), LFGY (61.87%), and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group B ETFs listed in the table below.

    ETF Ticker1 ETF Name Distribution Frequency Distribution per Share Distribution Rate2,4 30-Day
    SEC Yield3
    ROC5 Ex-Date & Record Date Payment Date
    GPTY YieldMax™ AI & Tech Portfolio Option Income ETF Weekly $0.2787 34.11% 0.00% 98.94% 3/27/25 3/28/25
    LFGY YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4749 61.87% 0.00% 0.00% 3/27/25 3/28/25
    QDTY YieldMax™ Nasdaq 100 0DTE Covered Call ETF Weekly $0.2711 55.02% 3/27/25 3/28/25
    RDTY YieldMax™ R2000 0DTE Covered
    Call ETF
    Weekly $0.3037 100.00% 3/27/25 3/28/25
    SDTY YieldMax™ S&P 500 0DTE Covered Call ETF Weekly $0.2133 0.00% 3/27/25 3/28/25
    ULTY YieldMax™ Ultra Option Income Strategy ETF Weekly $0.0986 75.27% 0.00% 100.00% 3/27/25 3/28/25
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Weekly $0.0837 27.36% 61.87% 21.53% 3/27/25 3/28/25
    YMAX YieldMax™ Universe Fund of Option Income ETFs Weekly $0.1315 47.15% 85.03% 61.95% 3/27/25 3/28/25
    BABO YieldMax™ BABA Option Income Strategy ETF Every 4 Weeks $0.7578 47.80% 2.36% 0.00% 3/27/25 3/28/25
    DIPS YieldMax™ Short NVDA Option Income Strategy ETF Every 4 Weeks $0.5851 61.41% 2.90% 96.87% 3/27/25 3/28/25
    FBY YieldMax™ META Option Income Strategy ETF Every 4 Weeks $0.5506 39.97% 3.47% 0.00% 3/27/25 3/28/25
    GDXY YieldMax™ Gold Miners Option Income Strategy ETF Every 4 Weeks $0.6394 50.38% 3.08% 0.00% 3/27/25 3/28/25
    JPMO YieldMax™ JPM Option Income Strategy ETF Every 4 Weeks $0.3717 28.32% 3.40% 42.17% 3/27/25 3/28/25
    MARO YieldMax™ MARA Option Income Strategy ETF Every 4 Weeks $1.4783 75.43% 4.21% 95.22% 3/27/25 3/28/25
    MRNY YieldMax™ MRNA Option Income Strategy ETF Every 4 Weeks $0.1827 69.46% 5.01% 94.71% 3/27/25 3/28/25
    NVDY YieldMax™ NVDA Option Income Strategy ETF Every 4 Weeks $0.7874 57.94% 4.02% 100.00% 3/27/25 3/28/25
    PLTY YieldMax™ PLTR Option Income Strategy ETF Every 4 Weeks $5.3257 100.21% 2.63% 97.91% 3/27/25 3/28/25
    Weekly Payers & Group C ETFs scheduled for next week: GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX ABNY AMDY CONY CVNY FIAT MSFO NFLY PYPY


    Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling 
    (833) 378-0717.

    Note: DIPS, FIAT, CRSH and YQQQ are hereinafter referred to as the “Short ETFs”.

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

       
    1 All YieldMax™ ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, YMAG and FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.
    2 The Distribution Rate shown is as of close on March 25, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.
    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended February 28, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.
    4 Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.
    5 ROC refers to Return of Capital. The ROC percentage is the portion of the distribution that represents an investor’s original investment.
       

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Standardized Performance

    For YMAX, click here. For YMAG, click here. For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For SQY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For ULTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For PLTY, click here. For BIGY, click here. For SOXY, click here. For MARO, click here. For FEAT, click here. For FIVY, click here. For LFGY, click here. For GPTY, click here. For CVNY, click here. For SDTY, click here. For QDTY, click here. For RDTY, click here.

    Important Information

    This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

    Risk Disclosures (applicable only to GPTY)

    Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

    Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

    Risk Disclosure (applicable only to MARO)

    Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax™ ETFs.

    © 2025 YieldMax™ ETFs

    The MIL Network

  • MIL-OSI: Currency Exchange International Announces Voting Results from Annual General Meeting March 25, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 26, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN) is pleased to announce the detailed voting results for the Company’s Annual General Meeting of shareholders held on March 25, 2025 (the “Meeting”). A total of 4,103,217 common shares of the Company (the “Common Shares”), being 65.12% of the issued and outstanding Common Shares as of the record date of February 5, 2025, were present in person or represented by proxy at the Meeting.

    The nominees listed in the management information circular dated February 5, 2025 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below:

    Nominee Votes For % Withheld %
    Chirag Bhavsar 2,967,242 91.41% 278,814 8.59%
    Chitwant Kohli 2,692,505 82.95% 553,551 17.05%
    Mark Mickleborough 2,692,505 82.95% 553,551 17.05%
    Randolph W. Pinna 3,233,413 99.61% 12,643 0.39%
    V. James Sardo 2,692,505 82.95% 553,551 17.05%
    Stacey Mowbray 2,615,505 80.57% 630,551 19.43%
    Daryl Yeo 2,698,396 83.13% 547,660 16.87%

    Shareholders also approved resolutions appointing Doane Grant Thornton LLP as the Company’s auditors.

    For more information, please refer to the Company’s information circular dated February 5, 2025, available on its SEDAR profile at www.sedarplus.com.

    About Currency Exchange International, Corp.

    Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com (“CXIFX”), its related APIs with core banking platforms, and through personal relationship managers. Consumers are served through Group-owned retail branches, agent retail branches, and its e-commerce platform, order.ceifx.com (“OnlineFX”).

    The Group’s wholly-owned Canadian subsidiary, Exchange Bank of Canada, based in Toronto, Canada, provides foreign exchange and international payment services in Canada and select international foreign jurisdictions. Customers are served through the use of its proprietary software, www.ebcfx.com (“EBCFX”), related APIs to core banking platforms, and personal relationship managers.

    Contact Information

    For further information please contact:
    Bill Mitoulas
    Investor Relations
    (416) 479-9547
    Email: bill.mitoulas@cxifx.com
    Website: www.cxifx.com

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

    This press release includes forward-looking information within the meaning of applicable securities laws. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management’s expectations with respect to, among other things, the voluntary cessation of operations and discontinuance of Exchange Bank of Canada (EBC), the conclusion of referral agreements for customers and selected employees, regulatory approvals required for the discontinuance process, establishing direct correspondent banking relationships to support its U.S. payments business, the management of employee and customer transitions, the Company’s liquidity position during the cessation and discontinuance period, financial performance in fiscal 2025 and 2026, and the associated costs and outcomes of the cessation and discontinuance period in general. Forward-looking statements are identified by the use of terms and phrases such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “preliminary,” “project,” “will,” “would,” and similar terms and phrases, including references to assumptions. 

    Forward-looking information is based on the opinions and estimates of management at the date such information is provided and on information available to management at such time. Forward-looking information involves significant risks, uncertainties, and assumptions that could cause the Company’s actual results, performance, or achievements to differ materially from the results discussed or implied in such forward-looking information. Actual results may differ materially from results indicated in forward-looking information due to a number of factors including, without limitation, the inability of the Company to complete the cessation of EBC and discontinuance in accordance with applicable regulatory and legal requirements on a basis which is cost effective and protects the goodwill of the Company, an inability to establish direct correspondent banking relationships to support its U.S. payments business on terms which are economic or at all, the impact of delays or challenges in obtaining regulatory approvals, a failure to obtain the necessary approvals for referral agreements for customers and selected employees or an inability to conclude such arrangements on a basis which is beneficial to the Company and its selected employees, an inability to manage one-time wind-down costs and severance obligations on cost-effective basis, potential disruptions to operations during the transition period. the risk of reduced liquidity during the transition periods and, generally, the potential for unforeseen liabilities arising during or after the cessation of operations and discontinuance of EBC. 

    Additional risks include the ability of the Company to comply with regulatory requirements in general, the competitive nature of the foreign exchange industry, the impact of geo political changes, and trade wars on factors relevant to the Company’s business, currency exchange risks, the need for the Company to manage its planned growth, the effects of product development and the need for continued technological change, protection of the Company’s proprietary rights, the effect of government regulation and compliance on the Company and the industry in which it operates, network security risks, the ability of the Company to maintain properly working systems, theft and risk of physical harm to personnel, reliance on key management personnel, unexpected losses or challenges associated with customer attrition during the discontinuance, global economic deterioration negatively impacting tourism, volatile securities markets impacting security pricing in a manner unrelated to operating performance and impeding access to capital or increasing the cost of capital, as well as the factors identified throughout this press release and in the section entitled “Financial Risk Factors” of the Company’s Management’s Discussion and Analysis for the twelve months ended October 31, 2024. 

    The forward-looking information contained in this press release represents management’s expectations as of the date hereof (or as of the date such information is otherwise stated to be presented) and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events, or otherwise, except as required under applicable securities laws. 

    The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this press release. No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained in this press release. 

    The MIL Network

  • MIL-OSI: Alpine ENT Expands Partnership with CareCloud, Implements FrontDesk Assist to Enhance Patient Experience

    Source: GlobeNewswire (MIL-OSI)

    SOMERSET, N.J., March 26, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO), a leading provider of healthcare technology and AI-powered revenue cycle management (RCM) solutions, today announced the expanded adoption of its services by Alpine Ear, Nose & Throat PC, a premier otolaryngology group based in Colorado. Following a successful RCM engagement, Alpine ENT has now implemented CareCloud FrontDesk Assist—a comprehensive front-office solution designed to streamline operations and enhance patient satisfaction.

    “CareCloud has proven to be a true partner in optimizing our practice,” said Mike Heck, CEO of Alpine ENT. “Since deploying FrontDesk Assist, we’ve seen tangible improvements across our front-desk operations. Patient wait times are shorter, appointment scheduling is smoother, and our staff now spends far less time on administrative tasks.”

    FrontDesk Assist now supports Alpine ENT with critical front-office functions such as appointment scheduling, referral management, surgery estimates, and prior authorizations. These services complement the existing RCM partnership by boosting operational efficiency and freeing up clinical staff to focus more on patient care.

    With 24 providers across three Northern Colorado locations, Alpine ENT delivers a full spectrum of ENT services, including audiology, vestibular therapy, and allergy care. Since implementing FrontDesk Assist, the practice has experienced measurable gains in productivity and patient engagement—underscoring a mutual commitment to innovation, operational excellence, and care quality.

    “Alpine ENT’s decision to expand our collaboration speaks to the trust they place in CareCloud’s expertise and solutions,” said Crystal Williams, President of CareCloud. “With FrontDesk Assist, they gain a seamlessly integrated platform that drives both financial and patient-centered outcomes. Our mission is to simplify practice operations so providers can focus on delivering exceptional care.”

    This partnership expansion reinforces CareCloud’s dedication to delivering scalable, tech-enabled solutions that help healthcare organizations thrive amid industry transformation. FrontDesk Assist is now available nationwide to healthcare practices of all specialties—including the thousands already using CareCloud’s EHR and RCM platforms.

    To learn more about CareCloud FrontDesk Assist, visit www.carecloud.com/frontdesk-assist.

    About CareCloud

    CareCloud brings disciplined innovation and generative AI to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Learn more about our products and services including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health at www.carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    Disclaimer

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

    Forward-Looking Statements

    This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

    Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management’s expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial performance and business activities, and the expected results from the integration of our acquisitions.

    These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

    The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

    SOURCE CareCloud

    Company Contact:
    Norman Roth
    Interim Chief Financial Officer and Corporate Controller
    CareCloud, Inc.
    nroth@carecloud.com

    Investor Contact:
    Stephen Snyder
    Co-Chief Executive Officer
    CareCloud, Inc.
    ir@carecloud.com

    The MIL Network

  • MIL-OSI: Intchains Group Limited Announces Entry into Agreement for Registered Direct Offering of its ADSs and Warrants

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 26, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” “us” or the “Company”), a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications, today announced it has entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor (the “Institutional Investor”) for a registered direct offering of 361,011 of its American Depositary Shares (“ADSs”), each ADS representing two Class A ordinary shares of the Company (the “Class A Ordinary Shares”) at US$2.77 per ADS. The Company has also agreed to issue to the Institutional Investor warrants (the “Warrants” and, together with the ADSs, the “Securities”) to purchase up to an aggregate of 361,011 ADSs (representing 722,022 Class A Ordinary Shares), at an exercise price of $2.77 per ADS. The Warrants are exercisable at any time on or after the date of issuance and expire five years from the date of issuance. In addition, pursuant to the Purchase Agreement, we have agreed, subject to certain exceptions, to grant the Institutional Investor an additional purchase option to purchase up to an aggregate of $1.0 million of additional ADSs at the applicable per ADS purchase price determined pursuant to the terms of the Purchase Agreement or at a price mutually agreed to by the parties. The Institutional Investor may exercise this option in whole or in part at any time during the period commencing on the effective date until 60 days after the closing of this offering, provided that the Institutional Investor may exercise this option only once during such period.

    The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.0 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company.

    The offering is expected to close on or about March 27, 2025, subject to customary closing conditions.

    The net proceeds from this offering will be used for upgrading our offerings of altcoin mining machines, with the remaining proceeds allocated to working capital and other general corporate purposes that support our long-term goals.

    The Benchmark Company, LLC is acting as the exclusive placement agent in connection with this Offering. These Securities are being offered through a prospectus supplement and a base prospectus pursuant to the Company’s effective shelf registration statement on Form F-3 (File No. 333-279865), filed with the Securities and Exchange Commission (the “SEC”) on July 9, 2024, and declared effective on August 5, 2024 (the “Registration Statement”).

    A prospectus supplement related to the offering will be filed with the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective Registration Statement.

    About Intchains Group Limited

    Intchains Group Limited is a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications. For more information, please visit the Company’s website at: https://intchains.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Forward-looking statements include, but are not limited to, statements about: (i) our goals and strategies; (ii) our future business development, formed condition and results of operations; (iii) expected changes in our revenue, costs or expenditures; (iv) growth of and competition trends in our industry; (v) our expectations regarding demand for, and market acceptance of, our products; (vi) general economic and business conditions in the markets in which we operate; (vii) relevant government policies and regulations relating to our business and industry; (viii) fluctuations in the market price of ETH-based cryptocurrencies; gains or losses from the sale of ETH-based cryptocurrencies; changes in accounting treatment for the Company’s ETH-based cryptocurrencies holdings; a decrease in liquidity in the markets in which ETH-based cryptocurrencies are traded; security breaches, cyberattacks, unauthorized access, loss of private keys, fraud, or other events leading to the loss of the Company’s ETH-based cryptocurrencies; impacts to the price and rate of adoption of ETH-based cryptocurrencies associated with financial difficulties and bankruptcies of various participants in the industry; and (ix) assumptions underlying or related to any of the foregoing. Investors can identify these forward-looking statements by words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “project” or “continue” or the negative of these terms or other comparable terminology. Any forward-looking statement made by us in this press release is per information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    For investor and media inquiries, please contact:

    Intchains Group Limited

    Investor relations
    Email: ir@intchains.com

    Redhill

    Belinda Chan
    Tel: +852-9379-3045
    Email: belinda.chan@creativegp.com

    The MIL Network

  • MIL-OSI: SailPoint Announces Strong Fiscal Fourth Quarter and Full Year 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    • Grew ARR 29% year-over-year to $877 million
    • Expanded SaaS ARR 39% year-over-year to $540 million
    • Finished the year with an ~80% year-over-year increase in the number of customers with more than $1 million of ARR

    AUSTIN, Texas, March 26, 2025 (GLOBE NEWSWIRE) — SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced financial results for its fiscal fourth quarter and full year, ended January 31, 2025.

    “We are very pleased to report our strong fourth quarter and full year 2025 results where our continued pursuit of efficient growth at scale drove a year of greater than ‘rule of 40’ performance. Our relentless focus on innovation and execution enables us to capitalize on the growing market opportunity to help enterprises as they struggle to manage, govern and secure their vast identity landscape,” said Mark McClain, SailPoint Founder and CEO.

    “Identity security is increasingly recognized as a strategic enterprise security imperative today. CIOs and CISOs now realize the criticality of a unified, intelligent, and powerful identity security platform that is designed to handle enterprise-class scale, complexity, and velocity of change in fine-grained access needs. This becomes even more important with the rise of AI agents,” McClain continued. “We believe SailPoint’s ability to serve as a central control plane for securing all enterprise identities makes us the ideal partner to solve these critical business challenges for enterprises worldwide.”

    Fiscal 2025 Fourth Quarter Financial Highlights

    • Annual Recurring Revenue (ARR): Total ARR was $877 million, an increase of 29% year-over-year. SaaS ARR was $540 million, an increase of 39% year-over-year.
    • Revenue: Total revenue was $240 million, an increase of 18% year-over-year. Subscription revenue was $224 million, an increase of 22% year-over-year.
    • Operating Income (Loss):   GAAP operating loss was $30 million, or (12.6)% of revenue, compared to $65 million, or (32.2)% of revenue in fiscal Q4 2024. Adjusted income from operations was $46 million, or 19.0% of revenue, compared to $28 million, or 13.7% of revenue in fiscal Q4 2024.

    Fiscal Full Year 2025 Financial Highlights

    • Annual Recurring Revenue: Total ARR was $877 million, an increase of 29% year-over-year. SaaS ARR was $540 million, an increase of 39% year-over-year.
    • Revenue: Total revenue was $862 million, an increase of 23% year-over-year. Subscription revenue was $794 million, an increase of 27% year-over-year.
    • Operating Income (Loss): GAAP operating loss was $189 million, or (21.9)% of revenue, compared to $333 million, or (47.6)% of revenue in FY 2024. Adjusted income from operations was $133 million, or 15.4% of revenue, compared to $54 million, or 7.8% of revenue in FY 2024.

    Financial Outlook

    For the first quarter of fiscal 2026, SailPoint expects:

    • Total ARR: In the range of $896 to $900 million, representing 26% to 27% year-over-year growth.
    • Total Revenue: In the range of $224 to $226 million, representing 19% to 20% year-over-year growth.
    • Adjusted Income from Operations: In the range of $14 to $15 million, representing adjusted operating margin of 6.2% to 6.7%.
    • Adjusted EPS: In the range of ($0.02) to $0.00 per diluted share.

    For the fiscal full year 2026, SailPoint expects:

    • Total ARR: In the range of $1,075 to $1,085 million, representing 23% to 24% year-over-year growth.
    • Total Revenue: In the range of $1,025 to $1,035 million, representing 19% to 20% year-over-year growth.
    • Adjusted Income from Operations: In the range of $151 to $156 million, representing adjusted operating margin of 14.6% to 15.2%.
    • Adjusted EPS: In the range of $0.14 to $0.18 per diluted share.

    These statements regarding SailPoint’s expectations of its financial outlook are forward-looking and actual results may differ materially. Refer to “Forward-Looking Statements” below for information on the factors that could cause SailPoint’s actual results to differ materially from these forward-looking statements.

    All of SailPoint’s forward-looking non-GAAP financial measures exclude estimates for stock-based compensation expense and amortization of acquired intangibles as well as acquisition related costs and severance of certain key executives, if applicable. SailPoint has not reconciled its expectations as to adjusted income (loss) from operations and adjusted EPS to their most directly comparable GAAP measure due to the high variability and difficulty in making accurate forecasts and projections, particularly with respect to stock-based compensation expense. Stock-based compensation expense is affected by future hiring, turnover, and retention needs, as well as the future fair market value of our common stock, all of which are difficult to predict and subject to change. The actual amount of the excluded stock-based compensation expense will have a significant impact on SailPoint’s GAAP income (loss) from operations and GAAP net income (loss) per basic and diluted common share. Accordingly, reconciliations of our forward-looking adjusted income (loss) from operations and adjusted EPS are not available without unreasonable effort.

    Investor Conference Call and Webcast

    SailPoint will host a conference call today at 8:30 a.m. Eastern Time to discuss the results and outlook. A live webcast of the conference call and a presentation regarding SailPoint’s fiscal fourth quarter and full year 2025 financial results will be available on SailPoint’s website at https://investors.sailpoint.com

    An audio replay of the conference call will be available on the investor relations website for one year.

    About SailPoint

    SailPoint, Inc. (Nasdaq: SAIL) equips the modern enterprise to seamlessly manage and secure access to applications and data through the lens of identity – at speed and scale. As a category leader, we continuously reinvent identity security as the foundation of the secure enterprise. SailPoint delivers a unified, intelligent, extensible platform built to defend against today’s dynamic, identity-centric cyber threats while enhancing productivity and efficiency. SailPoint helps many of the world’s most complex, sophisticated enterprises create a secure technology ecosystem that fuels business transformation.

    Non-GAAP Financial Measures

    In addition to our financial information presented in accordance with GAAP, we use certain non-GAAP financial measures to clarify and enhance our understanding of past performance, including the following:

    Adjusted income from operations, which we define as income (loss) from operations excluding equity-based compensation expense, amortization of acquired intangible assets which includes impairment charges, impairment of intangible assets, acquisition-related expenses, benefit from amortization related to acquired contract acquisition costs, Thoma Bravo monitoring fees (which are annual service fees for consultation and advice related to corporate strategy, budgeting of future corporate investments, acquisition and divestiture strategies, and debt and equity financings pursuant to an advisory services agreement that was terminated upon the consummation of our initial public offering), and restructuring expenses.

    Adjusted operating margin, which we define as adjusted income from operations as a percentage of revenue.

    Adjusted EPS (or non-GAAP net income (loss) available to common stockholders per basic and diluted share), which we define as adjusted net income (loss) divided by the weighted average outstanding common shares. We calculate adjusted net income (loss) as net income (loss) on a GAAP basis excluding equity-based compensation expense, amortization of acquired intangible assets which includes impairment charges, impairment of intangible assets, acquisition-related expenses, benefit from amortization related to acquired contract acquisition costs, and Thoma Bravo monitoring fees. Adjusted net income (loss) is adjusted for the effect of income taxes associated with such adjustments.

    Our non-GAAP financial measures exclude items that neither relate to our ordinary course of business nor reflect our underlying business performance, such as equity-based compensation, the amortization of acquired intangible assets, and acquisition-related expenses. We believe these adjustments enable management and investors to compare our underlying business performance from period-to-period and provide investors with additional means to evaluate cost and expense trends. We also believe these adjustments enhance comparability of our financial performance against those of other technology companies. Accordingly, our management believes the presentation of our non-GAAP financial measures provides useful information to investors regarding our financial condition and results of operations. In addition, SailPoint’s management uses adjusted income (loss) from operations for budgeting and planning purposes, including with respect to its corporate bonus plan.

    Our non-GAAP financial measures are adjusted for the following factors, among others:

    Equity-based compensation expense. We believe that the exclusion of equity-based compensation expense is appropriate because it eliminates the impact of equity-based compensation costs that are based upon valuation methodologies and assumptions that vary over time, and the amount of the expense can vary significantly due to factors that are unrelated to our core operating performance and that can be outside of our control. Although we exclude equity-based compensation expenses from our non-GAAP measures, equity compensation has been, and will continue to be, an important part of our future compensation strategy and a significant component of our future expenses and may increase in future periods.

    Amortization of acquired intangible assets. We exclude amortization charges for our acquisition-related intangible assets and impairment of intangible assets for purposes of calculating certain non-GAAP measures to eliminate the impact of these non-cash charges and provide for a more meaningful comparison between operating results from period to period as the intangible assets are valued at the time of acquisition and are amortized over the useful life, which can be several years after the acquisition.

    Acquisition related costs. We believe that the exclusion of acquisition-related expenses is appropriate as they represent items that management believes are not indicative of our ongoing operating performance. These expenses are primarily composed of legal, accounting, and professional fees incurred that are not capitalizable and that are included within general and administrative expenses.

    Amortization related to acquired contract acquisition costs. On August 16, 2022, our predecessor was acquired in an all-cash take-private transaction by Thoma Bravo (the “Take-Private Transaction”). In accordance with GAAP reporting requirements, we have written off our contract acquisition costs at the time of the Take-Private Transaction. Therefore, GAAP commissions expense related to contract acquisition costs after the Take-Private Transaction do not reflect the commissions expense that would have been reported if the contract acquisition costs were not written off. Accordingly, we believe that presenting the approximate amount of acquisition-related commission expenses (so that the full amount of commission expense is included) provides a more appropriate representation of commission expense in a given period and, therefore, provides readers of our financial statements with a more consistent basis for comparison across accounting periods.

    SailPoint’s non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in our industry because they may calculate non-GAAP financial results differently. In addition, there are limitations in using non-GAAP financial measures because they are not prepared in accordance with GAAP and exclude expenses that may have a material impact on our reported financial results. The presentation of non-GAAP financial information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP. SailPoint urges you to review the reconciliations of our non-GAAP financial measures to the comparable GAAP financial measures included below, and not to rely on any single financial measure to evaluate its business.

    Definitions of Certain Key Business and Other Metrics

    Annual Recurring Revenue.   We define ARR as the annualized value of SaaS, maintenance, term subscription, and other subscription contracts as of the measurement date. To the extent that we are actively negotiating a renewal or new agreement with a customer after the expiration of a contract, we continue to include that contract’s annualized value in ARR until the customer notifies us that it is not renewing its contract. We calculate ARR by dividing the active contract value by the number of days of the contract and then multiplying by 365. ARR should be viewed independently of revenue, as ARR is an operating metric and is not intended to be combined with or to replace revenue. ARR is not a forecast of future revenue, which can be impacted by ASC 606 allocations, and ARR does not consider other sources of revenue that are not recurring in nature. ARR does not have a standardized meaning and is not necessarily comparable to similarly titled measures presented by other companies.

    SaaS Annual Recurring Revenue.   We define SaaS ARR as the annualized value of SaaS contracts as of the measurement date. To the extent that we are actively negotiating a renewal or new agreement with a customer after the expiration of a contract, we continue to include that contract’s annualized value in SaaS ARR until the customer notifies us that it is not renewing its contract. We calculate SaaS ARR by dividing the active SaaS contract value by the number of days of the contract and then multiplying by 365. SaaS ARR should be viewed independently of subscription revenue as SaaS ARR is an operating metric and is not intended to be combined with or replace subscription revenue. SaaS ARR is not a forecast of future subscription revenue, which can be impacted by ASC 606 allocations and renewal rates and does not consider other sources of revenue that are not recurring in nature. SaaS ARR does not have a standardized meaning and is not necessarily comparable to similarly titled measures presented by other companies.

    Subscription Revenue.   The majority of our revenue relates to subscription revenue which consists of (i) fees for access to, and related support for, the SaaS offerings, (ii) fees for term subscriptions, (iii) fees for ongoing maintenance and support of perpetual license solutions, and (iv) other subscription services such as cloud managed services, and certain professional services. Term subscriptions include the term licenses and ongoing maintenance and support. Maintenance and support agreements consist of fees for providing software updates on a when and if available basis and for providing technical support for software products for a specified term.

    Subscription revenue, including support for term licenses, is recognized ratably over the term of the applicable agreement. Revenue related to term subscription performance obligations, excluding support for term subscriptions, is recognized upfront at the point in time when the customer has taken control of the software license.

    The Rule of 40. The Rule of 40 is a common SaaS industry metric used to evaluate the performance of SaaS providers by assessing a company’s balance between growth and profitability and postulates that a SaaS company’s revenue growth rate and profit margin should equal or exceed 40%. A total of above 40% is thought to indicate a healthy combination of expansion and financial stability. For SailPoint, the Rule of 40 is computed by adding the year-over-year ARR growth rate with our adjusted operating margin.

    Explanatory Note Regarding Our Corporate Conversion

    Prior to February 12, 2025, we were a Delaware limited partnership named SailPoint Parent, LP. On February 12, 2025, in connection with our initial public offering, SailPoint Parent, LP converted into a Delaware corporation pursuant to a statutory conversion and changed its name to SailPoint, Inc. References to “SailPoint,” “we, and “our” (i) for periods prior to such corporate conversion are to SailPoint Parent, LP and where appropriate, its consolidated subsidiaries and (ii) for periods after such corporate conversion are to SailPoint, Inc. and where appropriate, its consolidated subsidiaries.

    Forward-Looking Statements

    This press release and statements made during the above referenced conference call may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives of management, growth rate and our expectations regarding future revenue, operating income or loss or earnings or loss per share. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “will be,” “will likely result,” “should,” “expects,” “plans,” “anticipates,” “could,” “would,” “foresees,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “outlook,” or “continue” or the negative of these words or other similar terms or expressions. These forward-looking statements are not guarantees of future performance, but are based on management’s current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks.

    Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: our ability to sustain historical growth rates; our ability to attract and retain customers; our ability to deepen our relationships with existing customers; the growth in the market for identity security solutions; our ability to maintain success relationships with each of our partners; the length and unpredictable nature of our sales cycle; our ability to compete successfully against current and future competitors; the increasing complexity of our operations; our ability to maintain and enhance our brand or reputation as an industry leader and innovator; unfavorable conditions in our industry or the global economy; our estimated market opportunity and forecasts of our market and market growth may prove to be inaccurate; our ability to hire, train and motivate our personnel; our ability to maintain our corporate culture; our ability to successfully introduce, use, and integrate artificial intelligence (AI) with our solutions; breaches in our security, cyber attacks, or other cyber risks; interruptions, outages, or other disruptions affecting the delivery of our SaaS solution or any of the third-party cloud-based systems that we use in our operations; our ability to adapt and respond to rapidly changing technology, industry standards, regulations, or customer needs, requirements, or preferences; real or perceived errors, failures, or disruptions in our platform or solutions; the ability of our platform and solutions to effectively interoperate with our customers’ existing or future IT infrastructures; and our ability to comply with our privacy policy or related legal or regulatory requirements. More information on these risks and other potential factors that could affect our financial results is included in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our upcoming Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other filings. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release or made during the above referenced conference call. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements.

    Any forward-looking statement made in this press release or during the above referenced conference call speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

    Investor Relations Contact
    Scott Schmitz, SVP IR
    ir@sailpoint.com 

    Media Relations Contact
    Samantha Person, Senior Manager, Corporate Communications
    Samantha.person@sailpoint.com 

    SAILPOINT PARENT, LP AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF OPERATIONS
    (In thousands, except per unit amounts)
           
      (Unaudited)   (Audited)
      Three months ended January 31,   Twelve months ended January 31,
        2025       2024       2025       2024  
    Revenue              
    Subscription $ 224,379     $ 184,288     $ 793,919     $ 622,830  
    Perpetual licenses   40       742       400       5,842  
    Services and other   15,702       17,677       67,292       70,900  
    Total revenue   240,121       202,707       861,611       699,572  
    Cost of revenue              
    Subscription   62,407       54,817       236,581       205,053  
    Perpetual licenses   33       164       154       2,227  
    Services and other   17,909       17,991       68,998       69,355  
    Total cost of revenue   80,349       72,972       305,733       276,635  
    Gross profit   159,772       129,735       555,878       422,937  
    Operating expenses              
    Research and development   45,456       45,933       169,730       180,778  
    Sales and marketing   116,865       122,837       466,903       461,187  
    General and administrative   27,665       26,193       107,979       113,701  
    Total operating expenses   189,986       194,963       744,612       755,666  
    Loss from operations   (30,214 )     (65,228 )     (188,734 )     (332,729 )
    Other income (expense), net              
    Interest income   543       2,627       4,158       10,658  
    Interest expense   (46,527 )     (47,569 )     (186,652 )     (187,059 )
    Other income (expense), net   (2,202 )     (884 )     (5,401 )     (3,219 )
    Total other income (expense), net   (48,186 )     (45,826 )     (187,895 )     (179,620 )
    Loss before income taxes   (78,400 )     (111,054 )     (376,629 )     (512,349 )
    Income tax benefit (expense)   (1,704 )     23,791       60,799       116,982  
    Net loss $ (80,104 )   $ (87,263 )   $ (315,830 )   $ (395,367 )
    Class A yield   (292,110 )     (152,197 )     (764,549 )     (583,672 )
    Net loss attributable to Class B unitholders   (372,214 )     (239,460 )     (1,080,379 )     (979,039 )
    Loss per unit attributable to Class B unitholders – basic and diluted $ (4.29 )   $ (2.93 )   $ (12.91 )   $ (12.13 )
    Weighted average Class B Units outstanding – basic and diluted   86,781       81,651       83,716       80,746  
                                   
    SAILPOINT PARENT, LP AND SUBSIDIARIES
    CONSOLIDATED BALANCE SHEETS
    (In thousands, except units)
     
      January 31, 2025   January 31, 2024
           
    Assets      
    Current assets      
    Cash and cash equivalents $ 121,293     $ 211,647  
    Accounts receivable, net of allowance   254,050       213,307  
    Contract acquisition costs   32,834       18,668  
    Contract assets, net of allowance   58,335       51,703  
    Prepayments and other current assets   45,870       35,752  
    Total current assets   512,382       531,077  
    Property and equipment, net   22,879       16,332  
    Contract acquisition costs, non-current   94,270       61,657  
    Contract assets, non-current, net of allowance   33,788       28,717  
    Other non-current assets   36,206       33,219  
    Goodwill   5,151,668       5,138,855  
    Intangible assets, net   1,560,723       1,779,875  
    Total assets $ 7,411,916     $ 7,589,732  
    Liabilities, redeemable convertible units and partners’ deficit      
    Current liabilities      
    Accounts payable $ 3,515     $ 8,820  
    Accrued expenses and other liabilities   158,135       117,570  
    Deferred revenue   413,043       335,465  
    Total current liabilities   574,693       461,855  
    Deferred tax liabilities, non-current   136,528       206,464  
    Other long-term liabilities   32,128       24,954  
    Deferred revenue, non-current   36,399       36,575  
    Long-term debt, net   1,024,467       1,562,215  
    Total liabilities   1,804,215       2,292,063  
    Commitments and contingencies      
    Redeemable convertible units, no par value, unlimited units authorized, 499,052,847 and 454,618,712 units issued and outstanding as of January 31, 2025 and 2024, respectively; aggregate liquidation preference of $8,100,352 and $6,861,381 as of January 31, 2025 and 2024, respectively   11,196,141       5,838,864  
    Partners’ deficit      
    Additional paid in capital         37,431  
    Accumulated deficit   (5,588,440 )     (578,626 )
    Total partners’ deficit   (5,588,440 )     (541,195 )
    Total liabilities, redeemable convertible units and partners’ deficit $ 7,411,916     $ 7,589,732  
     
    SAILPOINT PARENT, LP AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    (In thousands)
       
      Year ended January 31,
        2025       2024  
    Cash flows from operating activities      
    Net loss $ (315,830 )   $ (395,367 )
    Adjustments to reconcile net loss to net cash used in operating activities:      
    Depreciation and amortization expense   237,248       263,638  
    Amortization and write-off of debt discount and issuance costs   12,685       4,152  
    Amortization of contract acquisition costs   24,899       11,519  
    (Gain) loss on disposal of property and equipment         36  
    Provision for credit losses   2,534       1,662  
    Equity-based compensation expense   31,714       37,469  
    Deferred taxes   (71,209 )     (124,919 )
    Net changes in operating assets and liabilities, net of business acquisitions      
    Accounts receivable   (41,653 )     (57,397 )
    Contract acquisition costs   (71,678 )     (61,716 )
    Contract assets   (11,730 )     (21,139 )
    Prepayments and other current assets   (13,744 )     (594 )
    Other non-current assets   6,006       (87 )
    Operating leases, net   293       335  
    Accounts payable   (5,346 )     4,232  
    Accrued expenses and other liabilities   36,565       22,634  
    Deferred revenue   72,855       65,188  
    Net cash used in operating activities   (106,391 )     (250,354 )
    Cash flows from investing activities      
    Purchase of property and equipment   (5,362 )     (2,577 )
    Proceeds from sale of property and equipment   14       31  
    Capitalized software development costs   (8,219 )      
    Purchase of intangible assets         (1,900 )
    Business acquisitions, net of cash acquired   (15,377 )     (8,218 )
    Net cash used in investing activities   (28,944 )     (12,664 )
    Cash flows from financing activities      
    Proceeds from issuance of units   600,321       51,743  
    Proceeds from revolving line of credit   25,000        
    Repayments to revolving line of credit   (25,000 )      
    Repayment of term loan   (550,000 )      
    Payments of deferred offering costs   (2,892 )      
    Repurchase of units   (6,172 )     (1,311 )
    Net cash provided by financing activities   41,257       50,432  
    Net change in cash, cash equivalents and restricted cash   (94,078 )     (212,586 )
    Cash, cash equivalents and restricted cash, beginning of period   218,468       431,054  
    Cash, cash equivalents and restricted cash, end of period $ 124,390     $ 218,468  
                   
    SAILPOINT PARENT, LP AND SUBSIDIARIES
    RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
    (Amounts in thousands, except percentages)
    (Unaudited)
     
      Three months ended January 31,   Twelve months ended January 31,
        2025       2024       2025       2024  
               
    GAAP gross profit $ 159,772     $ 129,735     $ 555,878     $ 422,937  
    GAAP gross profit margin   66.5 %     64.0 %     64.5 %     60.5 %
    Equity-based compensation expense   3,797       2,782       13,771       12,447  
    Amortization of acquired intangible assets   25,896       25,819       103,483       102,967  
    Acquisition-related expenses and Thoma Bravo monitoring fees         58             58  
    Restructuring         6             94  
    Adjusted gross profit $ 189,465     $ 158,400     $ 673,132     $ 538,503  
    Adjusted gross profit margin   78.9 %     78.1 %     78.1 %     77.0 %
                                   
      Three months ended January 31,   Twelve months ended January 31,
        2025       2024       2025       2024  
               
    GAAP subscription gross profit $ 161,972     $ 129,471     $ 557,338     $ 417,777  
    GAAP subscription gross profit margin   72.2 %     70.3 %     70.2 %     67.1 %
    Equity-based compensation expense   1,999       1,391       7,119       6,675  
    Amortization of acquired intangible assets   25,863       25,666       103,329       100,820  
    Acquisition-related expenses and Thoma Bravo monitoring fees         58             58  
    Restructuring         6             85  
    Adjusted subscription gross profit $ 189,834     $ 156,592     $ 667,786     $ 525,415  
    Adjusted subscription gross profit margin   84.6 %     85.0 %     84.1 %     84.4 %
                                   
      Three months ended January 31,   Twelve months ended January 31,
        2025       2024       2025       2024  
               
    GAAP income (loss) from operations $ (30,214 )   $ (65,228 )   $ (188,734 )   $ (332,729 )
    GAAP income (loss) from operations margin (12.6)%   (32.2)%   (21.9)%   (47.6)%
    Equity-based compensation expense   27,375       30,588       99,569       134,819  
    Amortization of acquired intangible assets   49,609       64,345       230,308       257,029  
    Amortization of acquired contract acquisition costs   (6,027 )     (6,921 )     (25,682 )     (28,461 )
    Acquisition-related expenses and Thoma Bravo monitoring fees   4,893       5,042       17,283       20,051  
    Restructuring         (18 )           3,541  
    Adjusted income (loss) from operations $ 45,636     $ 27,808     $ 132,744     $ 54,250  
    Adjusted operating margin   19.0 %     13.7 %     15.4 %     7.8 %

    The MIL Network

  • MIL-OSI: Bitfarms Appoints James Bond as Senior Vice President of High-Performance Computing

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 26, 2025 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, today announced that it has appointed James Bond as Senior Vice President of High-Performance Computing (“HPC”).

    Mr. Bond is a subject matter expert in HPC/AI with a proven record of launching new cloud and service provider offerings for large scale data centers across the U.S. He has over 20 years’ experience in public sector solution architecture and IT infrastructure design and implementation, including 15 years at Hewlett Packard Enterprise (“HPE”) where he most recently led their North America HPC/AI infrastructure platforms category. Under his leadership, the business grew to $2 billion in 2024, representing annual growth of 160%. At HPE North America, Mr. Bond was responsible for all HPC/AI go-to-market activities including the creation of new customer offerings, designing sales and pricing programs, managing partners, including NVIDIA, Intel and others, and managing net new logo sales and business development teams.

    Prior to HPE, Mr. Bond led all product development, engineering, marketing, operations, and pre-sales business development for Apptix, the largest (at the time) Application Service Provider for Microsoft Exchange, SharePoint, and Unified Communications. Prior to Apptix, Mr. Bond served as the Chief Technology Officer and Co-Founder of IceWEB, where he created one of the first fully automated software-as-a-service (SaaS) cloud offerings, before cloud and SaaS terms were coined.

    Mr. Bond is also the author of “The Enterprise Cloud” and a keynote speaker at industry events nation-wide, covering topics, such as the benefits of on-premise and hybrid cloud, AI/GenAI use cases, and how to build and deploy AI infrastructure including GPUs, HPC storage, and power/cooling specifically tuned for AI workloads. He holds a Bachelor’s Degree in Computer and Information Science from the University of Maryland.

    CEO Ben Gagnon stated, “We are thrilled to welcome James into this critically important role for Bitfarms. James, and the team he builds around him, will spearhead the development and implementation of our long-term HPC/AI strategy. With our Pennsylvania pipeline of 1.1GW of secured power, we are in a strong position to develop an HPC/AI business geared for scale in the U.S. James’ impressive track record of implementing HPC solutions at scale and driving exponential growth for HPE’s HPC business makes him the ideal candidate to lead this new growth chapter at Bitfarms.”

    James Bond stated, I am excited to join the talented team at Bitfarms at such a pivotal time in their growth trajectory. I look forward to leveraging their premium Pennsylvania properties, existing data centers, and power capacity to deploy a world-class high-performance computing infrastructure to host state-of-the-art artificial intelligence solutions for future customers.”

    About Bitfarms Ltd.

    Founded in 2017, Bitfarms is a global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining facilities with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers.

    Bitfarms currently has 15 operating Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina. Powered predominantly by environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable and often underutilized energy infrastructure.

    To learn more about Bitfarms’ events, developments, and online communities:

    www.bitfarms.com
    https://www.facebook.com/bitfarms/
    https://x.com/Bitfarms_io
    https://www.instagram.com/bitfarms/
    https://www.linkedin.com/company/bitfarms/

    Glossary of Terms

    • HPC/AI = High Performance Computing / Artificial Intelligence
    • GW = Gigawatt

    Forward-Looking Statements

    This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. The statements and information in this release regarding the ability to enhance the business of the Company through adding additional human resources to HPC/AI strategies, opportunities relating to the potential of the Company’s data centers for HPC/AI opportunities, the merits and ability to secure long-term contracts associated with HPC/AI customers, the North American energy and compute infrastructure strategy, projected growth, target hashrate, and other statements regarding future growth, plans and objectives of the Company are forward-looking information. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “prospects”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

    This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, risks relating to: the anticipated benefits of the rebalancing of operations to North America and the North American energy and compute infrastructure strategy may not be realized; an inability to apply the Company’s data centers to HPC/AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC/AI customers on terms which are economic or at all; the construction and operation of the Company’s facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company’s electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company’s profitability; future capital needs and the ability to complete current and future financings, including Bitfarms’ ability to utilize an at-the-market offering program ( “ATM Program”) and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; the risk that a material weakness in internal control over financial reporting could result in a misstatement of the Company’s financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; any regulations or laws that will prevent Bitfarms from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission at www.sec.gov), including the restated MD&A for the year-ended December 31, 2023, filed on December 9, 2024. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by the Company. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Investor Relations Contacts:

    Tracy Krumme
    SVP, Head of IR & Corp. Comms.
    +1 786-671-5638
    tkrumme@bitfarms.com

    Media Contacts:

    Caroline Brady Baker
    Director, Communications
    cbaker@bitfarms.com

    The MIL Network

  • MIL-OSI: Baker Hughes Awarded Integrated Coiled-Tubing Drilling Contract for Dubai Petroleum Establishment’s Margham Gas Storage Project

    Source: GlobeNewswire (MIL-OSI)

    • CoilTrak™ system allows for increased reservoir connectivity through efficient slim-hole multilateral drilling
    • Project strengthens Dubai’s low-carbon energy capabilities
    • Award follows major order for Baker Hughes’ Integrated Compressor Line (ICL) units

    HOUSTON and LONDON, March 26, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project.

    The project will provide stability to Dubai’s energy supply by strengthening the system’s ability to switch between natural gas and solar power.

    Providing the coiled-tubing drilling increases Baker Hughes’ overall support of the Margham Gas project, which draws upon the mature field of the same name. Already set to supply the company’s Integrated Compressor Line (ICL) units for gas storage, injection and export, Baker Hughes’ broad portfolio is helping to create a reliable power system with reduced emissions.

    “Baker Hughes has built a reputation as a leader in coiled-tubing drilling and mature assets solutions, and we bring a track record of success across the region to this important project,” said Amerino Gatti, executive vice president of Oilfield Services & Equipment at Baker Hughes. “Our integrated solutions approach combines industry-leading technology and expertise across the energy value chain to help DPE scale-up and develop reliable, secure and lower-carbon power solutions for their country.”

    The project brings together Baker Hughes’ expertise in integration of coiled-tubing drilling, under-balanced drilling and the company’s industry-leading CoilTrak™ coiled-tubing bottomhole assembly (BHA) system. CoilTrak allows operators to more effectively navigate the subsurface environment during horizontal drilling to maximize reservoir contact, which is crucial for underground gas storage. 

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    For more information, please contact:

    Media Relations

    Brian Reynolds
    +1 346-315-6663
    brian.reynolds@bakerhughes.com

    Investor Relations:

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network

  • MIL-OSI: Trident Announces Strategic Collaboration with Two Global E-Commerce Firms

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, March 26, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, today announced it has entered into a strategic collaboration agreement (the “Collaboration Agreement”) with two partners in the e-commerce sector. Per the Collaboration Agreement, Trident will join forces with Silkoo Dutyfree Limited (“Silkoo”), an e-commerce retailer and import-export trader, and Haitu Trade Co., Limited (“Haitu”), an e-commerce entity specializing in beauty and cosmetics, to foster a synergistic partnership that drives business growth, enhances customer satisfaction, and promotes operational efficiency.

    The agreement establishes a framework for cooperation in several key areas, including data analytics, strategic planning, supply chain optimization, platform integration, and customer experience enhancement. As a result of the collaboration, the parties hope to drive mutual growth through consumer data synergies, coordinated market strategies, optimized logistics networks in Southeast Asia, expanded inter-platform ecosystems, and the delivery of seamless, personalized customer experiences that foster loyalty and operational excellence.

    Each company will bring unique operational strengths to the table. Trident will contribute its sophisticated Web 3.0-based digital identity platform, Tridentity, which offers secure authentication across its diverse ecosystem of services including Tri-food, Tri-events, Tri-Buy, and TriVerse. This will create a comprehensive digital experience framework that can serve as the technological backbone for the partnership. Silkoo will provide extensive e-commerce expertise with its established presence in five Southeast Asian countries, along with valuable third-party merchant status on TikTok Global Shop that will drive substantial customer data acquisition and cross-border sales capabilities. Haitu will contribute specialized knowledge in cosmetics and beauty product distribution, bringing its successful experience as a proprietor of an overseas cosmetic account on Pinduoduo, which provides access to diverse global customer segments and market insights.

    Together, these complementary strengths aim to create a powerful alliance that combines Trident’s technological innovation, Silkoo’s regional e-commerce presence, and Haitu’s specialized product expertise to develop an integrated digital commerce ecosystem.

    Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, stated, “This strategic collaboration represents a significant milestone in our e-commerce journey. By combining our cutting-edge Tridentity platform with Silkoo’s e-commerce network and Haitu’s specialized expertise, we’re creating a powerful ecosystem that transcends traditional boundaries. Our partnership will leverage data analytics, streamlined supply chains, and optimized integration to deliver exceptional customer experiences across multiple touchpoints. Together, we endeavor to expand our market reach while fundamentally reimagining how digital commerce can seamlessly connect consumers with products and services throughout Southeast Asia and across the globe.”

    About Trident
    Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ experience with their end-users by promoting digital adoption and self-service.

    Tridentity, the Company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape in general, and in Southeast Asia etc.

    Beyond Tridentity, the Company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences.

    About Silkoo
    Silkoo Dutyfree Limited is primarily engaged in the business of E-commerce, online retail, import and export and trading (electrical equipment, furniture, cosmetics, etc.) Silkoo also owns and operates the “Shepinport” intellectual property across five countries in Southeast Asia, including Singapore, Malaysia, Vietnam, Thailand, and the Philippines. As an authorised third-party merchant on TikTok Global Shop, Silkoo Dutyfree leverages the platform to drive customer data, traffic, and sales, offering a range of products to its customers.

    About Haitu
    Haitu Trade Co. Limited is a specialized e-commerce entity principally engaged in the online retail and distribution of cosmetics and beauty products. Notably, the company is the proprietor of an overseas cosmetic account on the Pin Duo Duo (PDD) platform, thereby leveraging this prominent digital marketplace to cater to a diverse customer base across different regions in the world.

    Safe Harbor Statement
    This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    Investor and Media Contacts
    Investor Relations
    Robin Yang, Partner
    ICR, LLC
    Email: investor@tridentity.me
    Phone: +1 (212) 321-0602

    Media Relations
    Brad Burgess, SVP
    ICR, LLC
    Email: Brad.Burgess@icrinc.com

    The MIL Network

  • MIL-OSI: Odysight.ai Reports Full Year 2024 Financial Results and Provides Business Update

    Source: GlobeNewswire (MIL-OSI)

    OMER, Israel, March 26, 2025 (GLOBE NEWSWIRE) — Odysight.ai Inc. (NASDAQ: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, announces its full year 2024 financial results and provides a business update.

    Key highlights

      2024 annual revenues of approximately $4 million, reflecting YoY growth of 31%.
         
      Inaugural Aerospace revenues, increasing the backlog1 by more than 450% to approximately $15 million focused on Aerospace.
         
      Secured commercial agreements with a leading international defense contractor, Israeli Air Force, NASA, and Israel Railways successfully transitioning from the Medical to Aerospace vertical while expanding into Transportation.
         
      Uplisted to Nasdaq and raised gross proceeds of $23.7 million during February 2025; net cash position of approximately $39 million as of February 28, 2025.
         

    Yehu Ofer, Chief Executive Officer of Odysight.ai, stated: “We are excited with the increasing recognition Odysight.ai is receiving from prominent global companies in the Aerospace industry. We take pride in the substantial growth of our backlog and, based on discussions with clients and partners, we expect that this trend will continue in the foreseeable future. Odysight.ai’s successful shift from the medical sector to the high-value aerospace sector is already yielding positive results. Our next step is to offer our pioneering solutions, integrating AI-based video analytics and machine learning algorithms, on a Software-as-a-Service (SaaS) model. Looking ahead, we are excited to expand our reach into new markets, including transportation and energy, and leverage our innovative solutions to drive further growth. The future holds immense potential for Odysight.ai, and we are committed to capitalizing on these opportunities to deliver exceptional value to our shareholders.”

    Einav Brenner, Chief Financial Officer of Odysight.ai, stated: “We are pleased with our financial performance in 2024, which reflects our successful transition into the Aerospace sector and the growing demand for our innovative solutions. We believe our strong revenue growth and expanding backlog underscore the effectiveness of our strategic initiatives and our dedication to creating value for our shareholders. Additionally, our recent uplisting to Nasdaq and the successful capital raise of $23.7 million in gross proceeds have strengthened our financial position. We welcome new valued investors to our shareholder base and look forward to driving continued growth and innovation.”

    Financial highlights for full year ended December 31, 2024

    Revenues for the year ended December 31, 2024, were approximately $4 million, compared to $3 million for the year ended December 31, 2023, an increase of approximately 31%. The increase was attributable to Industry 4.0 related revenues.

    Backlog reached approximately $15 million for the year ended December 31, 2024, an increase of over 450% compared to December 31, 2023.

    Cost of Revenues for the year ended December 31, 2024, was $2.8 million, compared to $2.5 million for the year ended December 31, 2023, an increase of approximately 11%. The increase was primarily attributable to an increase in revenues.

    Gross Profit for the year ended December 31, 2024, was $1.2 million, reflecting a gross margin of 29%, compared to $0.5 million for the year ended December 31, 2023, with a gross margin of 17%. The improvement was attributable mainly to Industry 4.0 revenues.

    Operating expenses for the year ended December 31, 2024, were $13.7 million, compared to $11.1 million for the year ended December 31, 2023, an increase of approximately 23%. The increase was primarily due to the expansion of the Company’s operations, including the development of new Industry 4.0 products.

    Net loss for the year ended December 31, 2024, was $11.8 million, compared to $9.4 million for the year ended December 31, 2023.

    Cash Balance2 as of December 31, 2024 was $18.5 million, compared to approximately $17 million as of December 31, 2023. In July 2024, the Company completed a private placement raising gross proceeds of $10.3 million.

    In addition, during February 2025, the Company uplisted to Nasdaq and completed an underwritten public offering that resulted in gross proceeds of approximately $23.7 million.

    1Backlog is measured and defined differently by companies within our industry. We refer to “backlog” as our booked orders based on purchase orders or hard commitments but not yet recognized as revenue. Backlog is not a comprehensive indicator of future revenue and is not a measure of profitability. Orders included in backlog may be cancelled or rescheduled by customers. A variety of conditions, both specific to the individual customer and generally affecting the customer’s industry, may cause customers to cancel, reduce or delay orders that were previously made or anticipated. Projects may remain in backlog for extended periods of time.

    2Including cash, cash equivalents, short term deposits and restricted deposit.

    About Odysight.ai

    Odysight.ai is pioneering the Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets with its visualization and AI platform. Providing video sensor-based solutions for critical systems in the aviation, transportation, and energy industries, Odysight.ai leverages proven visual technologies and products from the medical industry. Odysight.ai’s unique video-based sensors, embedded software, and AI algorithms are being deployed in hard-to-reach locations and harsh environments across a variety of PdM and CBM use cases. Odysight.ai’s platform allows maintenance and operations teams visibility into areas which are inaccessible under normal operation, or where the operating ambience is not suitable for continuous real-time monitoring.

    We routinely post information that may be important to investors in the Investors section of our website. For more information, please visit: https://www.odysight.ai or follow us on Twitter, LinkedIn and YouTube.

    Backlog

    We present our results of operations in a way that we believe will be the most meaningful and useful to investors, analysts, rating agencies and others who use our financial information to evaluate our performance. Backlog is presented for supplemental informational purposes only, and is not intended to be a substitute for any GAAP financial measures, including revenue or net income (loss), and, as calculated, may not be comparable to companies in other industries or within the same industry with similarly titled measures of performance. In addition, backlog should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Therefore, backlog should be considered in addition to, not as a substitute for, or in isolation from, measures prepared in accordance with GAAP.

    Forward-Looking Statements

    Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding sustained demand for the Company’s products, the Company’s positive trajectory in commercializing its products and optimism about future growth. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management’s current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our micro Odysight.ai technology or offer Predictive Maintenance and Condition Based Monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the medical device and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of Odysight.ai’s solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on a single customer that accounts for a substantial portion of our revenues, (xi) our reliance on single suppliers for certain product components, including for miniature video sensors which are suitable for our Complementary Metal Oxide Semiconductor technology products, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, (xiii) the impact of computer system failures, cyberattacks or deficiencies in our cybersecurity, (xiv) the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical, global supply chain and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction and (xv) political, economic and military instability in Israel, including the impact of Israel’s war against Hamas. These and other important factors discussed in Odysight.ai’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 26, 2025, and our other reports filed with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, Odysight.ai undertakes no obligation to publicly update or revise forward-looking information.

    Company Contact:

    Einav Brenner, CFO
    info@odysight.ai

    Investor Relations Contact:

    Miri Segal
    MS-IR LLC
    msegal@ms-ir.com
    Tel: +1-917-607-8654

    ODYSIGHT.AI INC. (Formerly known as ScoutCam Inc.)

    CONSOLIDATED STATEMENTS OF OPERATIONS

        Year ended December 31,  
        2024     2023  
        USD in thousands
    (except per share data)
     
                 
    REVENUES     3,964       3,033  
    COST OF REVENUES     2,807       2,524  
    GROSS PROFIT     1,157       509  
    RESEARCH AND DEVELOPMENT EXPENSES     6,884       5,602  
    SALES AND MARKETING EXPENSES     1,218       1,109  
    GENERAL AND ADMINISTRATIVE EXPENSES     5,562       4,431  
    OPERATING LOSS     (12,507 )     (10,633 )
    OTHER INCOME           200  
    FINANCING INCOME, NET     740       988  
    LOSS BEFORE TAXES ON INCOME     (11,767 )     (9,445 )
    TAXES ON INCOME            
    NET LOSS     (11,767 )     (9,445 )


    ODYSIGHT.AI INC. (Formerly known as ScoutCam Inc.)

    CONSOLIDATED BALANCE SHEETS

        December 31,  
        2024     2023  
        USD in thousands  
                 
    Assets                
                     
    CURRENT ASSETS:                
    Cash and cash equivalents     18,164       8,945  
    Restricted deposit     322        
    Short terms deposits           8,096  
    Accounts receivable     1,510       1,372  
    Inventory     203       504  
    Other current assets     588       432  
    Total current assets     20,787       19,349  
                     
    NON-CURRENT ASSETS:                
    Contract fulfillment assets     1,017       1,256  
    Property and equipment, net     407       477  
    Operating lease right-of-use assets     1,113       1,380  
    Severance pay asset     259       271  
    Other non-current assets     96       96  
    Total non-current assets     2,892       3,480  
                     
    TOTAL ASSETS     23,679       22,829  
                     
    Liabilities and shareholders’ equity                
                     
    CURRENT LIABILITIES:                
    Accounts payable     442       287  
    Contract liabilities – short term     702       527  
    Operating lease liabilities – short term     539       470  
    Accrued compensation expenses     1,124       546  
    Related parties     120       41  
    Other current liabilities     368       211  
    Total current liabilities     3,295       2,082  
                     
    NON-CURRENT LIABILITIES:                
    Contract liabilities – long term     1,373       1,795  
    Operating lease liabilities – long term     508       856  
    Liability for severance pay     259       261  
    Other non-current liabilities           28  
    Total non-current liabilities     2,140       2,940  
                     
    TOTAL LIABILITIES     5,435       5,022  
                     
    SHAREHOLDERS’ EQUITY:                
    Common stock, $0.001 par value; 300,000,000 shares authorized as of December 31, 2024, and December 31, 2023, 12,612,517 and 10,443,768 shares issued and outstanding as of December 31, 2024 and December 31, 2023     13       10  
    Additional paid-in capital     64,205       52,004  
    Accumulated deficit     (45,974 )     (34,207 )
    TOTAL SHAREHOLDERS’ EQUITY     18,244       17,807  
                     
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY     23,679       22,829  

    The MIL Network

  • MIL-OSI: Issuance strategy for 2025 is unchanged despite government financing of KommuneKredit

    Source: GlobeNewswire (MIL-OSI)

    The Danish Government and KommuneKredit have agreed that Danmarks Nationalbank, on behalf of the central government, will finance KommuneKredit at the central government’s financing costs, as soon as possible. Hereby, the public sector can reduce its total interest costs, since the central government finances its activities at a lower interest rate than KommuneKredit. The initiative is not considered to contribute to increased credit risk for the central government.

    The specific terms of financing will be negotiated between the Ministry of Finance, the Ministry of Industry, Business and Financial Affairs, KommuneKredit, and Danmarks Nationalbank, which is responsible for government debt management on behalf of the Ministry of Finance.

    Danmarks Nationalbank looks forward to the future collaboration with KommuneKredit.

    Issuance strategy for 2025 is unchanged

    In 2025, the central government will finance KommuneKredit by drawing on the central-government account at Danmarks Nationalbank. Over time, financing will be covered by issuances of government securities, which in turn contributes to maintaining a well-functioning and liquid government debt market. Both EMU and central-government debt are unaffected by the initiative as the resulting rise in central-government liabilities will be offset by the corresponding increase in assets.

    Enquiries can be directed at Henrik Nørby on phone +45 3363 6525.

    Attachment

    The MIL Network

  • MIL-OSI: Stabilization Notice – Pre Stab – Ontex

    Source: GlobeNewswire (MIL-OSI)

    [26/03/2025]

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    [ONTEX]

    Pre-stabilisation Period Announcement

    BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222 hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation (EU/596/2014).

    The securities:1  
    Issuer: Ontex
    Guarantor (if any): N/A
    Aggregate nominal amount: TBC
    Description: EUR 5yr
    Offer price: TBC
    Other offer terms: N/A
    Stabilisation:  
    Stabilisation Manager(s) BNP Paribas, Goldman Sachs, HSBC, BBVA, Commerzbank, Credit Agricole, ING
    Stabilisation period expected to start on: 26/03/2025
    Stabilisation period expected to end no later than: 03/05/2025
    Existence, maximum size and conditions of use of over‑allotment facility: The Stabilisation Manager(s) may over‑allot the securities to the extent permitted in accordance with applicable law.
    Stabilisation trading venue: OTC

    In connection with the offer of the above securities, the Stabilisation Manager(s) may over‑allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time. Any stabilisation action or over‑allotment shall be conducted in accordance with all applicable laws and rules.

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

    In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, the UK or any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in the UK or that Member State in accordance with Regulation (EU) 2017/1129 (the “Prospectus  Regulation”) (or which has been approved by a competent authority in another Member State and notified to the competent authority in the UK or that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in the UK or that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in the UK or that Member State.

    This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States. 

    The MIL Network

  • MIL-OSI: Global Net Lease Successfully Closes First Phase of Multi-Tenant Portfolio Sale

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced the successful closing of the first phase of the sale of its multi-tenant portfolio to RCG Ventures, LLC on March 25, 2025. This initial phase includes 59 unencumbered properties, totaling approximately $1.1 billion in gross proceeds upon closing.

    GNL expects to remain on schedule to complete the sale of the 41 encumbered properties in two additional phases by the end of the second quarter of 2025. GNL intends to use the net proceeds from the multi-tenant portfolio sale to significantly reduce leverage and pay down the outstanding balance on GNL’s Revolving Credit Facility.

    “We are pleased with the progress of the multi-tenant portfolio sale, as demonstrated by the closing of the unencumbered portfolio,” said Michael Weil, CEO of GNL. “Completing this first phase reflects our disciplined execution of the plan we outlined on our Q4 2024 earnings call. This important milestone of our strategic transaction accelerates our deleveraging plan and further strengthens our balance sheet and liquidity. We believe it represents a significant step toward unlocking potential value in GNL by enhancing our capital structure, lowering our cost of capital, and providing the financial flexibility to support long-term growth.”

    About Global Net Lease, Inc.

    Global Net Lease, Inc. (NYSE: GNL) is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. 

    Important Notice

    The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as “may,” “will,” “seeks,” “anticipates,” “believes,” “expects,” “estimates,” “projects,” “potential,” “predicts,” “plans,” “intends,” “would,” “could,” “should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition (including the proposed closing of the unencumbered properties portion of the multi-tenant portfolio) by the Company is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause the Company’s actual results to differ materially from those presented in the Company’s forward-looking statements are set forth in the “Risk Factors” and “Quantitative and Qualitative Disclosures about Market Risk” sections in the Company’s Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

    Contacts:
    Investor Relations
    Email: investorrelations@globalnetlease.com
    Phone: (332) 265-2020

    The MIL Network

  • MIL-OSI: Bitget Shifts Gears with Porsche Cup Brasil Sponsorship with Driver Flávio Sampaio

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading global cryptocurrency exchange, is set to accelerate its presence in the motorsport world as the official sponsor of Driver Flávio Sampaio for the Porsche Cup Brasil 2025. The partnership, which kicks off with the season’s opening race in April 2025, symbolizes the convergence of the on-going financial evolution, and the adrenaline-fueled world of motorsport.

    The collaboration sets Bitget with Porsche’s legacy of precision and speed, creating a partnership that resonates with both crypto enthusiasts and motorsport fans. The sponsorship of driver Flávio Sampaio in the 2025 Porsche Carrera Cup Brazil season is supported by Bitget’s mission of bringing together sports and crypto.

    The championship kicked off on March 22nd and 23rd at the Velocitta in Mogi Guaçu and will continue through November, with the final stage scheduled for the 8th and 9th in Interlagos, São Paulo. With its support for Flávio, Bitget becomes the first crypto exchange to participate in the competition and will have its own car in Latin America’s largest Grand Touring category.

    In the past, Bitget also had a successful partnership with Argentina’s star Lionel Messi from 2022 to 2024 and previously sponsored Juventus’ women’s football team in Italy. Currently, it also supports other major sports projects, such as Turkish athlete Buse Tosun Çavuşoğlu (world wrestling champion), Samet Gümüş (gold medalist in boxing), and İlkin Aydın (national volleyball team athlete).

    Flávio Sampaio, commented on the partnership, saying, “I am very excited about this partnership with Bitget and hope to help spark interest among motorsport fans in the world of cryptocurrencies. The profile of sports fans often has similarities with that of crypto investors. I believe we can create an interesting connection between these two worlds.”

    Flávio Sampaio began his career in karting at the age of 12 and competed in major state and national championships until 2001. In 2007, he was invited to participate in Stock Jr., the feeder category for Stock Car. In 2008, he joined ATW Racing in Stock Light. In 2010, he was invited to compete in the Mini Cooper Challenge category, and in 2014, he moved to the GT3 Challenge.

    This partnership is a Porsche 911 GT3 Cup wrapped in Bitget’s signature black-and-cyan livery, embodying the exchange’s commitment to speed, reliability, and performance. With a roaring 510CV engine, the car serves as a metaphor for Bitget’s high-performance trading engine, designed to deliver unmatched efficiency and results.

    “This partnership isn’t just about speed on the track—it’s about accelerating innovation in the crypto space,” said Gracy Chen, CEO at Bitget. “We find that Flavio’s sportsmanship also dwells on the same principles that drive Bitget: strategy, adaptability, and high-performance execution. Aligning with a motorsport professional for a series known for its precision and competitiveness allows us to engage with an audience that values both technological advancement and calculated risk-taking.”

    The Porsche Cup Brasil is the ideal setting for Bitget to engage with a discerning audience, since it draws Brazil’s top motorsport aficionados and sports-centric enthusiasts. Among the unique experiences attendees will have is access to the Paddock Terrace, where timing screens and real-time race radios provide an immersive perspective of the action. Bitget’s VIP visitors will also be able to meet drivers, tour the pit lane, and take part in Porsche Experience Rides where they will ride shotgun with professional drivers in Bitget-branded helmets.

    Brazil is experiencing a notable surge in cryptocurrency adoption, with over 40 million users, which positions the country as a key market for Bitget’s expansion. By partnering with Driver Flávio Sampaio in the Porsche, Bitget strengthens its local presence and reinforces its global reputation as the top emerging crypto brand. The sponsorship shows Bitget’s ability to connect with diverse audiences, from crypto traders to motorsport enthusiasts, through shared values of innovation and performance.

    As engines roar and markets surge, Bitget, and Porsche Cup Brasil are set to redefine what it means to blend speed with substance. This partnership merges excitement and anticipation, driving the future of finance and motorsport with Bitget set to lead.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aeb5ea1c-7b55-47c1-879e-64bebd0cae6d

    The MIL Network

  • MIL-OSI: MEXC Announces Listing of Walrus (WAL) with 120,000 WAL and 70,000 USDT Prize Pools

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 26, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, is pleased to announce the Walrus (WAL) listing on March 27, 2025(UTC). To celebrate this significant addition to the exchange, MEXC is launching two special events with a combined prize pool of 120,000 WAL and 70,000 USDT for participants.

    Walrus is an eagerly anticipated project in the blockchain space, bringing a fresh approach to decentralized data storage. Developed with technical guidance from Mysten Labs, the team behind SUI blockchain, Walrus addresses critical infrastructure challenges faced by Web3 applications. The innovative platform works by fragmenting data into smaller pieces and distributing them across a global network of nodes, which significantly enhances access speed and creates resilience against potential network disruptions. This architecture makes Walrus particularly effective for storing and retrieving both standard data and rich media content, solving a persistent pain point in the blockchain ecosystem. The total supply of the project’s tokens is 5,000,000,000 WAL.

    MEXC has prepared exclusive events to mark the WAL listing, offering substantial rewards for participants:

    Event 1: Airdrop+

    The Airdrop+ event will run from March 26 to April 5, 2025(UTC), offering:

    • Benefit 1: Deposit and share 120,000 WAL (New user exclusive)
    • Benefit 2: Futures Challenge – Trade to share 50,000 USDT in Futures bonus (For all users)
    • Benefit 3: Invite new users and share 20,000 USDT (For all users)

    Event 2: Spread the Word & Win 1,000 USDT Rewards

    From March 26 to April 1, 2025(UTC), users can share the Airdrop+ event on social media for a chance to win a share of the 1,000 USDT prize pool.

    MEXC has established itself as an industry leader by consistently offering users early access to promising web3 projects. In 2024, MEXC introduced 2,376 new tokens, including 1,716 initial listings. Recent market analysis from TokenInsight confirms MEXC’s leading position in the industry — the exchange completed 461 spot listings, outpacing competitors like Gate by 1.5 times and Bitget by 4.5 times.

    Looking ahead, MEXC will continue to enhance its platform, offering advantages such as low fees, deep liquidity, a wide selection of trending tokens, and daily airdrops. This reaffirms MEXC’s user-centric approach, providing traders with early access to high-potential projects, generous rewards, and an optimal trading experience.

    For full event details and participation rules, visit the event page.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

    Source

    Contact:
    Lucia Hu
    PR Manager
    lucia.hu@mexc.com

    Disclaimer: This press release is provided by MEXC. 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/7f651b4f-3f7d-4f9d-8ea5-6d51d91ef083

    The MIL Network

  • MIL-OSI: Deevid.ai Launches Powerful AI Video Generator That Turns Text, Images, and Videos into Stunning Visual Content

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, March 26, 2025 (GLOBE NEWSWIRE) — Deevid.ai, an emerging leader in AI-powered creative tools, is proud to announce the official launch of its cutting-edge AI Video Generator — a revolutionary platform that allows users to generate high-quality videos from simple text prompts, images, or existing footage with just a few clicks.

    This all-in-one AI tool is designed to democratize video creation, empowering creators, marketers, educators, and businesses to produce professional-grade videos in minutes — without the need for editing software or technical skills.

    “With Deevid.ai, we wanted to make video creation as effortless as writing a paragraph or uploading a picture,” said Jaffery, Founder and CEO of Deevid.ai. “Our AI Video Generator removes the friction in content creation, helping anyone bring their ideas to life, instantly and beautifully.”

    Key Features Include:

    • Text to Video AI: Simply input a script or idea, and Deevid’s AI crafts a fully animated video complete with scenes, visuals, and transitions.
    • Image to Video AI: Turn static images into dynamic videos using AI-driven motion and storytelling.
    • Video to Video AI: Enhance, stylize, or transform existing footage into new creative outputs.
    • Template Library: Choose from hundreds of professionally designed templates optimized for social media, ads, presentations, education, popular AI Kissing, and more.

    The platform is powered by advanced AI models and a sleek user interface, enabling fast and intuitive workflows for creators of all levels. From YouTubers to business professionals, users can produce polished content in record time — saving hours of manual editing.

    Deevid.ai also places a strong emphasis on innovation, with ongoing feature rollouts and a roadmap that includes multilingual support, voice synthesis, and advanced video personalization tools.

    About Deevid.ai

    Founded in 2024, Deevid.ai is on a mission to revolutionize video creation through the power of artificial intelligence. Its flagship AI Video Generator enables anyone to transform text, images, and video inputs into visually compelling content — instantly. Based in Las Vegas, Deevid.ai serves a global audience of content creators, marketers, and educators seeking faster, smarter video production tools.

    The MIL Network

  • MIL-OSI: BNP Paribas Primary New Issues: STAB Notice – NO STAB – FNAC DARTY SA

    Source: GlobeNewswire (MIL-OSI)

    [26/03/2025]

    Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

    [FNAC DARTY SA]

    Post-stabilisation Period Announcement

    NO STABILISATION CARRIED OUT

    [Further to the pre-stabilisation period announcement dated [25/03/2025]] BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Securities

    Issuer: FNAC DARTY SA
    Guarantor(s) (if any): N/A
    Aggregate nominal amount: EUR 300,000,000
    Description: 4.75% 04/2032
    Offer price: 100

    Stabilisation Manager(s)

    Name(s): BNP PARIBAS, Credit Agricole, Natixis, Soc Gen, BBVA, Belfius, Bred Banque Populaire, Caixabank, CIC, La Banque Postale

    This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

    This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

    The MIL Network

  • MIL-OSI: DEX3.AI: Next-Gen DEX Elevating Meme Trading on Solana to New Heights

    Source: GlobeNewswire (MIL-OSI)

    HANOI, Vietnam, March 26, 2025 (GLOBE NEWSWIRE) — The cryptocurrency market in 2025 is a whirlwind of opportunity and risk, with meme coins driving unprecedented excitement on Solana — a blockchain celebrated for its speed and low costs. Enter DEX3.AI, a next-generation decentralized exchange (DEX) launched to empower meme traders with cutting-edge intelligence. As of March 18, 2025, DEX3.AI stands out by offering not just speed and usability, but a suite of advanced tools: Square Pie Chart money flow tracking, scam detection, wash trading alerts, and real-time insights into X accounts and token ownership. Tailored for Solana’s meme coin frenzy, DEX3.AI is the ultimate weapon for traders seeking smarter decisions in a chaotic market.

    Solana: The Epicenter of Meme Coin Mania

    Solana’s appeal to meme traders is undeniable. With over 65,000 transactions per second (TPS) and fees averaging 0.0001 SOL (a few cents), it’s a dream for those chasing rapid pumps and dumps. The 2024 rise of Pump.fun, which amassed $71.5 million in fees in November, solidified Solana as the meme coin hub. DEX3.AI steps into this arena with a mission: arm traders with the sharpest tools to navigate Solana’s wild ecosystem.

    DEX3.AI: Intelligence Meets Intuition

    DEX3.AI redefines what a DEX can be, merging AI-driven analytics with a trader-first design. Its upgraded features go beyond trading — they protect and inform. Here’s what sets it apart:

    1. Square Pie Chart Money Flow Tracking
    DEX3.AI’s Square Pie Chart interface transforms complex money flows into a clear, color-coded snapshot. Tracking whales, Smart Money, and KOLs (Key Opinion Leaders), it shows who’s buying or selling in real time. This visual brilliance makes market moves instantly digestible, giving traders the edge to act fast.

    2.  Smart Risk Detection: Scams and Wash Trading
    Meme coins are rife with scams and manipulation, but DEX3.AI fights back with AI-powered risk detection. It flags potential scams by analyzing token contracts for red flags (e.g., hidden mint functions) and alerts users to wash trading patterns — artificial volume spikes designed to mislead. This proactive shield helps traders avoid traps, a leap beyond basic DEXs like Raydium or Bullx.

    3.  X Account Insights: Transparency in Influence
    DEX3.AI digs into X accounts tied to tokens, revealing critical details: how many times a name has changed (a scam signal), follower count (influence level), and activity patterns. A KOL with 100K followers pumping a coin gets weighted differently than a renamed ghost account. These insights, updated live, empower traders to gauge hype versus reality.

    4.  Real-Time Ownership Breakdown
    Knowledge is power, and DEX3.AI delivers it with real-time token ownership analytics. See how much Devs, Insiders, and Snipers (early buyers) hold. If Devs control 70% of supply or Snipers are dumping, you’ll know instantly — crucial data for deciding whether to jump in or bail out.

    5.  Seamless PC and Mobile Interface
    Speed meets simplicity with DEX3.AI’s intuitive interface, optimized for PC and mobile. Swap tokens, monitor risks, or check X trends — all in a clean, responsive layout. Whether at home or on the move, traders stay in control

    6.  Deep Signals: AI-Driven Predictions
    Upgraded with AI, Deep Signals tracks money flows from whales, smart money, KOL and predicts trends by fusing on-chain data with X buzz. It flags tokens gaining traction — visualized in the Square Pie Chart — and warns of fading momentum, giving traders a predictive edge no rival can match.

    7.  High-Speed Trading Precision
    Built for Solana’s sub-400-millisecond confirmations, DEX3.AI ensures trades hit the blockchain at lightning speed. This precision is a lifeline in meme coin volatility, letting traders snipe launches or exit pumps before the crash.

    DEX3.AI vs. The Field
    DEX3.AI outshines its market competitors with wallet-tracking features that detect token trends and identify scams. Raydium and Jupiter excel in liquidity but fall short in providing risk assessment tools and real-time ownership data. Uniswap and PancakeSwap, constrained by slower chains, cannot match DEX3.AI’s Solana-optimized speed and intelligence. This DEX isn’t just better — it’s in a league of its own.

    Empowering Smarter Decisions
    What ties DEX3.AI’s features together is their purpose: better decisions. The Square Pie Chart clarifies money flows, scam alerts protect capital, X insights expose hype, and ownership data reveals risks — all in real time. A trader spotting a token with 80% Dev ownership and a suspicious X account can dodge a rug pull, while one seeing whale accumulation can ride the wave. This intelligence turns Solana’s chaos into opportunity.

    The Future of DEX3.AI
    In March 2025, as Solana’s meme coin scene surges, DEX3.AI is poised to dominate. Its blend of AI, risk detection, and trader-friendly design could evolve further — think deeper scam forensics or cross-chain meme tracking. DEX3.AI isn’t just keeping pace; it’s setting the DeFi standard.

    Conclusion

    DEX3.AI isn’t a typical DEX — it’s a meme trader’s dream on Solana. With Square Pie Charts, scam and wash trading detection, X account insights, real-time ownership breakdowns, and AI-driven signals, it delivers unmatched intelligence. For those navigating the meme coin jungle, DEX3.AI is the compass to profit and safety

    Website: https://dex3.ai
    X: https://x.com/dex3_ai

    Media Contact:

    Name: PHẠM QUỐC HUY
    Website: http://dex3.ai
    Email: huypq@dex3.ai
    Address: No2 Nguyen Co Thach Street, Ha Noi, Viet Nam

    Disclaimer: This press release is provided by DEX3.AI. 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.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/31f88daf-37c7-41da-b532-61d7057ec7a6
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ff17c795-4aeb-4593-a73f-3299d7b24980
    https://www.globenewswire.com/NewsRoom/AttachmentNg/8aef8042-bc73-4a23-9e34-63f230cc4b76
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0efb273f-8377-401e-a067-0817481e9f16

    The MIL Network

  • MIL-OSI: Auction of Treasury Bills on 28 March 2025

    Source: GlobeNewswire (MIL-OSI)

    The treasury bills for sale have the following stock exchange codes:        

    Name Stock exchange code Maturity
    DGTB 02/06/25 25 / II 98-19823 2 June 2025
    DGTB 02/09/25 25 / III 98-19906 2 September 2025

    The sale will settle on 1 April 2025 at the stop-rate for each serie. In case of bid on stop-rate a pro-rata ratio may occur.

    The deadline for bidding is 10.15 on the day of the auction.

    The MIL Network

  • MIL-OSI: Temenos continues to top ESG ratings from Dow Jones, S&P Global, Sustainalytics and CDP

    Source: GlobeNewswire (MIL-OSI)

    GRAND-LANCY, Switzerland, March 26, 2025 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN), a global leader in mission-critical solutions for financial institutions, today announced that it has been recognized once again as a global sustainability leader by the top ESG ratings agencies.

    Temenos achieved the top score in the Software industry for the third year running in the 2024 Dow Jones Best-in-Class Indices (DJBICI) and was once again the only software company to be awarded a top 1% distinction in the S&P Global Sustainability Yearbook. Temenos was also classified as low risk in the Sustainalytics ESG Risk Rating Report and rated A- for climate by the Carbon Disclosure Project (CDP).

    These strong results from a range of respected organizations reflect Temenos’ ongoing commitment to sustainability, ESG disclosure and transparency, as well as the environmental benefits of its efficient software.

    Jean-Pierre Brulard, CEO, Temenos, commented: “We’re proud to be recognized once again for our leadership in sustainability with some of the highest ratings in the industry from a host of well-respected organizations, including Dow Jones and S&P Global. Our clients choose to work with us because we understand how crucial ESG is. Through our market-leading core banking suite, our best-in-class modular solutions and enhanced point solutions, Temenos is modernizing the banking industry, giving banks the power to operate reliably and sustainably.”

    By migrating banking operations to Temenos on the cloud or as SaaS, banks can significantly reduce their environmental impact. This is further enabled by Temenos’ end-to-end Enterprise Services, launched in 2024, which help banks to quickly deploy software solutions and take advantage of a leaner, agile and more efficient banking system.

    In May 2024, Temenos set a sustainability benchmark for cloud-native core banking with Microsoft. This showed the advances in Temenos’ leaner and more sustainable architecture to handle the variable demands of digital transactions while supporting banks to meet their sustainability goals. From a 2021 baseline and validated by GoCodeGreen, Temenos has reduced the carbon impact of its software by over 50%.

    Temenos is also helping clients measure, improve and report on the carbon footprint of their operations with the Carbon Emissions Calculator.

    Temenos is the only software company to be included in both the World and Europe DJBICI in 2024, with an overall score of 83 out of 100, its highest yet and the best of the 343 companies assessed in the industry. Temenos is one of 780 companies included in the S&P Global Sustainability Yearbook out of 7,690 assessed, and the only software company to rank among the top 1% of scores globally. The company also achieved the second-best ESG risk rating in Sustainalytics out of 374 companies assessed in the Enterprise and Infrastructure Software sub-industry.

    About Temenos
    Temenos (SIX: TEMN) is the world’s leading platform for banking, serving clients in 150 countries by helping them build new banking services and state-of-the-art customer experiences. Top performing banks using Temenos software achieve cost-income ratios almost half the industry average and returns on equity 2x the industry average. Their IT spend on growth and innovation is also 2x the industry average.

    For more information, please visit www.temenos.com.

    Media Contacts
     
    Scott Rowe & Michael Anderson
    Temenos Global Public Relations
    Tel: +44 20 7423 3857
    Email: press@temenos.com 
    Gabriel Goonetillake
    Temenos Team at Edelman Smithfield
    Tel: +44 7813 407710
    Temenos@EdelmanSmithfield.com 
       

    The MIL Network

  • MIL-OSI: Aurora Mobile’s GPTbots.ai Partners with EasyCraft to Expand AI Agent Markets Abroad

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, March 26, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that its leading enterprise AI agent platform, GPTbots.ai has recently entered into a strategic collaboration with EasyCraft. The partnership aims to deeply integrate AI-powered agents into business process automation, knowledge management, and multi-platform collaboration, redefining the boundaries of enterprise digital transformation.

    As a leading provider of information and business automation platforms, EasyCraft is dedicated to empowering traditional enterprises with innovative solutions, paving the way for smart office practices in the era of big data and AI. Through its centralized platform, EasyCraft enables companies to optimize operational efficiency, enhance team collaboration, and respond swiftly to market changes. The goal of this strategic alliance is to leverage the strengths of both companies to achieve comprehensive digital transformation in knowledge management, business process automation, and multi-platform collaboration.

    Key Highlights of the Partnership:

    • AI-Powered Workflow Automation: EasyCraft will integrate GPTbots.ai’s AI agents to optimize its workflow management system, offering intelligent approval processes, dynamic task assignments, and data-driven decision support. This solution will significantly enhance operational efficiency, enabling rapid responses and automated management, ensuring that teams can collaborate effectively at every stage.
    • Enhanced Third-Party Integration: GPTbots.ai’s AI agents will collaborate with EasyCraft’s Third-Party Integration Bus, enabling businesses to gain AI-driven insights across various business tools (such as CRM and ERP).
    • Multi-Device AI Accessibility: GPTbots.ai’s AI agent solutions will enhance EasyCraft’s PC and mobile multi-operating system experience. Through AI-driven virtual assistants, users will enjoy seamless interactions and support across different operating systems and devices, allowing for a more flexible working environment.
    • AI-Augmented Low-Code Development: The partnership will develop AI-driven business applications tailored for international markets, assisting enterprises in quickly building intelligent workflows through a low-code platform, unlocking the full potential of AI.
    • Revolutionary Knowledge Management: Leveraging GPTbots.ai’s AI agents, EasyCraft’s Knowledge Management System (KMS) will transform traditional knowledge retrieval methods, allowing enterprises to conduct in-depth, context-aware knowledge searches. With the implementation of Retrieval-Augmented Generation (RAG) technology, businesses will gain more precise insights and analyses from their internal knowledge bases, enhancing intelligent decision-making and supporting flexible application and innovation of knowledge.

    This collaboration will also include joint marketing initiatives, joint participation in international AI and enterprise technology forums, and customized solution packages for various industries, including financial services, manufacturing, healthcare, and retail, further promoting AI adoption in the global markets.

    The deepening collaboration between GPTbots.ai and EasyCraft aims to provide enterprises with more flexible, efficient, and intelligent business solutions, helping them thrive in an AI-driven era. We look forward to exploring new possibilities together in the days ahead, advancing enterprise digital transformation hand in hand.

    About EasyCraft

    EasyCraft is a brand under FORTUNE DUO SDN. BHD. and a leading expert in intelligent digital office solutions. We provide a centralized information and business automation platform designed to empower enterprises with seamless workflow automation, third-party integrations, and low-code development. EasyCraft’s solutions help businesses optimize processes, enhance team collaboration, and swiftly adapt to market changes, driving digital transformation. Our goal is to leverage advanced technology and innovation to support traditional enterprises in thriving in the era of intelligent office solutions.

    About GPTBots.ai

    GPTBots.ai is a complementary general-purpose LLM AI bot featuring private data input and continuous fine-tuning, which can replace ‘rule-based’ chatbots, improve user experience, and reduce costs. GPTBots.ai aims to provide users with an end-to-end business platform that can seamlessly integrate robots into existing applications and workflows via plug-ins. GPTBots.ai also allow users to have great access to, and more efficiently and effectively using, AIGC to improve overall corporate productivity and output quality.

    To know more, please visit https://www.gptbots.ai.

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited 
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In U.S.
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ed9def4e-b8ad-4e94-a5d3-8e90911504e3

    The MIL Network

  • MIL-OSI: HUMAN Drives Momentum in EMEA with Key Leadership Appointments and Channel Expansion to Drive Growth

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) — HUMAN Security, a leading cybersecurity company committed to safeguarding every step of the customer’s online journey by defending against bots, fraud, and digital risk, today announced key leadership appointments and channel expansion to strengthen its commitment to clients and partners across the UK, France, and Germany. These investments underscore HUMAN’s dedication to further bolstering its go-to-market (GTM) strategy and expanding its regional presence in EMEA.

    “HUMAN’s commitment to EMEA is stronger than ever as we scale our operations and deepen our partnerships,” said Chris Scanlan, CRO at HUMAN. “With Mark Phillips, a long-standing HUMAN employee, promoted to Vice President of Sales, EMEA, and Bal Lakha joining as Head of Channel Partnerships, EMEA, we are accelerating our efforts to protect organisations from bots and fraud while delivering a seamless data journey and client experience. As we continue investing in our next growth stage, their expertise in cybersecurity sales and strategic alliances will be instrumental in strengthening our partner ecosystem, expanding our product capabilities, and driving impactful, scalable solutions for our clients across the region.”

    Mark Phillips, Vice President of Sales, EMEA, brings over 25 years of industry experience, including over two decades in cybersecurity. Phillips has a proven track record of success at leading security firms such as FireEye, Trend Micro, and Malwarebytes. Most recently, he served as Vice President of Global Sales Engineering at Bitdefender, leading worldwide technical sales initiatives. Phillips will oversee sales and presales teams across EMEA in his new role at HUMAN, shaping the region’s GTM strategy. With deep expertise and a commitment to innovation, he remains focused on empowering HUMAN’s customers and delivering impactful solutions that protect organisations across the EMEA region.

    Bal Lakha, Head of Channel Partnerships, EMEA, is an accomplished Global Sales and Partner Alliances leader with deep expertise in network security, managed security services, and partner management. Currently spearheading Channel Partnerships – EMEA at HUMAN, Lakha has held pivotal roles at FireEye, Forescout, and Cybereason, where he successfully drove strategic alliances and revenue growth. With proven performance in cybersecurity sales, he remains focused on building high-impact global partnerships and advancing innovative security solutions that strengthen HUMAN’s market presence.

    The leadership announcements come on the heels of several global milestones for HUMAN:

    • $50+ Million Growth Funding: This latest investment accelerates platform growth, integrating advanced AI techniques to enhance digital account protection and media security solutions, including defences against click fraud and advertising integrity for platforms, agencies, and brands.
    • Announced HUMAN Advantage Program: The new programme offers high rewards and margins through a three-tier structure, designed to stay in tune with evolving market economics and centered on three key factors: annualised bookings, training, and retention.
    • Recognition in The Forrester Wave™: Bot Management Software, Q3 2024: HUMAN was named a Leader, achieving top scores in nine categories, including “Detection Models,” “Mobile App and API Protection,” and “Vision.”
    • Voice of the Customer: HUMAN was ranked the #1 vendor in all G2 Grids for Bot Detection and Mitigation in both 2024 and 2025.

    The Human Defense Platform solves enterprise-wide pain points through its product offerings across the entire customer journey:

    • Advertising Protection: Protects programmatic inventory from bots, fraud, malvertising, and ad quality violations, ensuring brand reputation and revenue by fostering a trusted buying experience.
    • Application Protection: Protects against account takeover, scraping, transaction abuse, fake interactions, and client-side supply chain attacks by fostering a trusted application environment where users feel safe to interact and transact.
    • Account Protection: Protects accounts from automated credential stuffing and brute force account takeover attacks, fake accounts used by fraudsters to exploit platforms and services, and remediates accounts that have been compromised.

    HUMAN customers leveraging The Human Defense Platform include some of the world’s foremost online travel planning and booking services, top-tier e-commerce platforms, and global insurance leaders such as Allianz Technology. HUMAN’s solutions have earned widespread acclaim from major enterprises, including those in the railroad and transportation sectors, citing “great defence against bot attacks” and affirming that “HUMAN has a very good rate of identifying malicious requests.” An IT Security & Risk leader from the travel and hospitality industry states in a Gartner Peer Insights review that HUMAN is one of the best anti bot protection service you can find”.

    About HUMAN
    HUMAN is a leading cybersecurity company committed to protecting the integrity of the digital world. We ensure that every digital interaction, transaction, and connection is authentic, secure, and human. The Human Defense Platform safeguards the entire customer journey with high-fidelity decision-making that defends against bots, fraud, and digital threats. Each week, HUMAN verifies 20 trillion digital interactions, providing unparalleled telemetry data to enable rapid, effective responses to even the most sophisticated threats. Recognised by our customers as a G2 Leader, HUMAN continues to set the standard in cybersecurity. To ensure your digital connections are trusted, visit www.humansecurity.com

    Contact information:
    Masha Krylova, Director of Communications
    press@humansecurity.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/deb9d109-f546-4c8a-b41b-74dad285775d

    The MIL Network

  • MIL-OSI: Atos selected by the UK Department for Environment, Food and Rural Affairs as its future end user services provider

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos selected by the UK Department for Environment, Food and Rural Affairs as its future end user services provider

    Five-year contract worth £150m to deliver transformational end user services to Defra’s 34,000 colleagues across the UK

    London, United Kingdom, March 26, 2025 – Atos, a global leader in digital transformation, today announces that it has been selected by the Department for Environment, Food and Rural Affairs (DEFRA) to transform service desk and end user services into a single coherent, agile service.

    The five-year contract, worth £150m, will improve quality and efficiency of DEFRA’s service desk, which manages 34,000 users, through continuous innovation of modern technologies including AI, ML, analytics and automation.

    The Atos solution will also make DEFRA’s service the most environmentally friendly and sustainable UK government digital workplace solution available today. Working with partners, Atos will repair, refurbish, remanufacture and re-issue hardware first, ensure minimal packaging and shipments for delivery and donate disused devices to charities and third-party social enterprises.

    Michael Herron, Head of UK&I, Atos Group, “We are delighted to be working with DEFRA on their end user services enabling their team to concentrate on the important work they deliver.”

    “We have a track-record of success in this area providing best-in-class services supported by cutting-edge technology platforms that focus on people, planet and productivity.”

    Atos provides end-to-end employee experience solutions through digital collaboration and productivity tools, as well as intelligent customer care services. Atos’ sustainable digital workplace suite includes more than 20 “Tech for Good” services and solutions, encompassing social value and accessibility criteria as well as data analytics and user interfaces.

    In March 2024, Gartner positioned Atos as a Leader in its 2024 Magic Quadrant for Outsourced Digital Workplace Services (ODWS) for the eighth consecutive year.

    ***

    About Atos

    Atos is a global leader in digital transformation with circa 78,000 employees and annual revenue of circa €10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contacts

    Global – Isabelle Grangé | isabelle.grange@atos.net | +33 (0) 6 64 56 74 88

    UK&I – Tessa David | tessa.david.external@atos.net | +44 (0)7947 755 911

    Attachment

    The MIL Network

  • MIL-OSI: Sampo plc: Notice of the Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 26 March 2024 at 10:25 am EET

    Sampo plc: Notice of the Annual General Meeting

    Notice is given to the shareholders of Sampo plc of the Annual General Meeting to be held on Wednesday, 23 April 2025 at 2.00 pm (EEST) at the Helsinki Exhibition and Convention Centre’s Congress Wing, address Rautatieläisenkatu 3, FI-00520 Helsinki, Finland. The reception of persons who have registered for the meeting and serving of coffee prior to the meeting will start at 12.30 pm (EEST).

    Shareholders have the opportunity to exercise their voting rights also by voting in advance on certain matters on the agenda of the Annual General Meeting. In addition, shareholders may follow the meeting through a live webcast. The webcast begins on 23 April 2025 at 2.00 pm (EEST). Following the meeting through the webcast is not considered as participation in the Annual General Meeting or the exercising of shareholder rights. It is not possible to ask questions, make counterproposals, address the meeting otherwise or vote through the webcast. Shareholders who wish to follow the webcast can exercise their voting rights by voting in advance. To receive the link for the webcast, shareholders are required to register through the registration system. The instructions regarding the advance voting and registering for the webcast are presented in Section C.6-7 herein.

    A. Items on the agenda of the Annual General Meeting

    The information and proposals of agenda items 1 to 5 concerning the formal organisational matters of the Annual General Meeting are included in a separate organisational document published on Sampo’s website at www.sampo.com/agm, which document also constitutes a part of this notice. The document may be supplemented at the meeting with any information that is not available before the Annual General Meeting.

    At the Annual General Meeting, the following items will be considered:

    1. Opening of the meeting

    2. Calling the meeting to order

    3. Election of persons to scrutinise the minutes and to supervise the counting of votes

    4. Recording the legality of the meeting

    5. Recording the attendance at the meeting and adoption of the list of votes

    6. Presentation of the Financial Statements, Report of the Board of Directors, the Auditor’s Report and the Sustainability Reporting Assurance Report for the financial year 2024

    • Review by the Group CEO
    • Auditor’s Report and Sustainability Reporting Assurance Report presented by the Auditor and Sustainability Reporting Assurance Provider

    7. Adoption of the Financial Statements

    8. Resolution on the use of the profit shown on the balance sheet and the payment of dividend

    The Board of Directors proposes to the Annual General Meeting that a total dividend of EUR 0.34 per share be paid to all shares except for the shares held by Sampo plc on the dividend record date of 25 April 2025. The dividend will be paid to the shareholders registered in the Company’s shareholders’ register maintained by Euroclear Finland Oy as at the record date of 25 April 2025. The Board proposes that the dividends be paid on 6 May 2025.

    The issuer of the Swedish depository receipts shall ensure that the dividend is paid to the depository receipt holders registered in the securities depository and settlement register maintained by Euroclear Sweden AB as at the record date of 25 April 2025, which payment shall be made in Swedish Krona. The dividend payment for shares registered in the form of share entitlements book-entered in VP Securities A/S in Denmark as at the record date of 25 April 2025 will be administered by VP Securities A/S subsequent to receipt of the dividend from Euroclear Finland.

    9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability for the financial year 2024

    10. Consideration of the Remuneration Report for Governing Bodies

    The Board of Directors proposes that the Remuneration Report for Governing Bodies for the financial year 2024 be adopted by the Annual General Meeting through an advisory resolution.

    The Remuneration Report for Governing Bodies is available on Sampo plc’s website at www.sampo.com/agm.

    11. Resolution on the remuneration of the members of the Board of Directors

    The Nomination and Remuneration Committee of the Board of Directors proposes to the Annual General Meeting that the following annual fees be paid to the members of the Board of Directors until the close of the next Annual General Meeting:

    • EUR 243,000 for the Chair of the Board (prev. EUR 235,000);
    • EUR 140,000 for the Vice Chair of the Board (prev. EUR 135,000);
    • EUR 108,000 for each member of the Board (prev. EUR 104,000);
    • EUR 30,000 for the Chair of the Audit Committee as an additional annual fee (prev. EUR 29,000); and
    • EUR 6,800 for each member of the Audit Committee as an additional annual fee (prev. EUR 6,600).

    A Board member must acquire Sampo plc A shares at the price paid in public trading with 50 per cent of his/her annual fee after the deduction of taxes, payments and potential statutory social and pension costs. Notwithstanding this, a Board member is not required to purchase any additional Sampo plc A shares if the Board member owns such amount of said shares that their value is equivalent to twice the respective Board member’s gross annual fee. The Company will pay any possible transfer tax related to the acquisition of the shares.

    12. Resolution on the number of members of the Board of Directors

    The Nomination and Remuneration Committee of the Board of Directors proposes to the Annual General Meeting that the number of Board members is decreased by one and that eight members be elected to the Board.

    13. Election of the members of the Board of Directors

    The Nomination and Remuneration Committee of the Board of Directors proposes that the current members of the Board Christian Clausen, Steve Langan, Risto Murto, Antti Mäkinen, Markus Rauramo, Astrid Stange and Annica Witschard be re-elected for a term continuing until the close of the next Annual General Meeting. Of the current members, Georg Ehrnrooth and Jannica Fagerholm are not available for re-election. The Committee proposes that Sara Mella be elected as a new member to the Board.

    All the proposed Board members have been determined to be independent of the Company and its major shareholders under the rules of the Finnish Corporate Governance Code 2025.

    The CVs of all persons proposed as Board members are available at www.sampo.com/agm.

    14. Resolution on the remuneration of the Auditor and the Sustainability Reporting Assurance Provider

    The Audit Committee of the Board of Directors proposes to the Annual General Meeting that compensation be paid to the Company’s Auditor and to the Sustainability Reporting Assurance Provider against invoices approved by the Company.

    15. Election of the Auditor and the Sustainability Reporting Assurance Provider

    The Audit Committee of the Board of Directors proposes to the Annual General Meeting that the Authorised Public Accountant Firm Deloitte Ltd be re-elected as the Company’s Auditor for the financial year 2025. If Deloitte Ltd is elected as Sampo plc’s Auditor, the firm has announced that APA ASA Jukka Vattulainen will continue as the auditor with principal responsibility.

    The Audit Committee also proposes to the Annual General Meeting that Authorised Sustainability Audit Firm Deloitte Ltd be re-elected as the Company’s Sustainability Reporting Assurance Provider for the financial year 2025. If Deloitte Ltd is elected as Sampo plc’s Sustainability Reporting Assurance Provider, the firm has announced that APA ASA Jukka Vattulainen will continue as the principal authorised sustainability auditor.

    16. Authorising the Board of Directors to decide on the repurchase of the Company’s own shares

    The Board of Directors proposes to the Annual General Meeting that the Annual General Meeting authorise the Board to resolve to repurchase, on one or several occasions, a maximum of 250,000,000 Sampo plc A shares. The maximum number of shares represents approximately 9.29 per cent of all outstanding A shares of the Company as of number of shares on the date of the Board’s proposal. The repurchased shares will be cancelled.

    The shares may be repurchased either through an offer to all shareholders on equal terms or through other means and otherwise than in proportion to the existing shareholdings of the Company’s shareholders (directed repurchase) if the Board of Directors deems that there are weighty financial reasons for such directed repurchase. Directed repurchases may be carried out, among others, through open market purchases, participation in accelerated book-building processes or through arranging reversed accelerated book-building processes.

    The purchase price per share shall be no more than:

    (i) the highest price paid for the Company’s shares in public trading on the day of the repurchase or the offer to repurchase the Company’s own shares, or alternatively,

    (ii) the average of the share prices (volume weighted average price on the regulated markets where the Company’s share is admitted to trading) during the five trading days preceding the repurchase or the offer to repurchase the Company’s own shares.

    The lowest purchase price per share shall be the price that is 20 per cent lower than the lowest price paid for the Company’s shares in public trading during the validity of this authorisation until the repurchase or the offer to repurchase the Company’s own shares.

    It is proposed that the authorisation be valid until the close of the next Annual General Meeting, however no longer than 18 months from the Annual General Meeting’s decision.

    17. Closing of the meeting  

    B. Documents of the Annual General Meeting

    The proposals for decisions on the items on the agenda of the Annual General Meeting and this notice are available on Sampo plc’s website at www.sampo.com/agm. The Financial Statements, the Report of the Board of Directors, the Auditor’s Report, the Sustainability Reporting Assurance Report and the Remuneration Report for Governing Bodies for the financial year 2024 are available on Sampo plc’s website at www.sampo.com/year2024. The proposals for decisions and the other above-mentioned documents are also available at the meeting. Copies of these documents and of this notice will be sent to shareholders upon request. The minutes of the meeting will be available at www.sampo.com/agm on 7 May 2025 at the latest.

    C. Instructions for the participants in the Annual General Meeting

    The registration for the Annual General Meeting and the advance voting will commence on 26 March 2025 at 3:00 pm (EET) and end on 14 April 2025 at 4.00 pm (EEST). For holders of Swedish depositary receipts, the registration for the Annual General Meeting will commence on 26 March 2025 at 3.00 pm (EET) and end on 14 April 2025 at 9.00 am (EEST). For Danish shareholders, the registration for the Annual General Meeting and the advance voting will commence on 26 March 2025 at 2:00 pm (CET) and end on 11 April 2025 at 3:00 pm (CEST), Instructions on the registration for the Annual General Meeting for shareholders wishing to participate in the meeting at the meeting venue are set out in Subsections 1, 2 and 3 below. Instructions for holders of nominee-registered shares are set out below under Subsection 4. Information on proxy documents and Suomi.fi authorisations are set out in Subsection 5 below. The instructions for advance voting are set out in Subsection 6 below. Instructions regarding the registration for the live webcast are set out in Subsection 7 below.

    In connection with the registration and advance voting, at least the following information is requested: the shareholder’s name, date of birth (except for shareholders with shares registered with VP Securities A/S in Denmark) or business ID, email address, telephone number and information on a possible authorised representative. Strong electronic identification is required for the registration on the Company’s website of shareholders, their authorised representatives and proxy representatives who are private persons by using Finnish, Swedish or Danish online banking IDs or mobile certificates. For shareholders that are Finnish legal persons, electronic registration requires providing the entity’s business ID and that the relevant authorised person uses strong electronic identification for the registration. For shareholders that are legal persons with shares registered with VP Securities A/S in Denmark, registration requires providing the entity’s business ID, name of the shareholder, name and birthdate of the authorised representative, and an email address, the entity’s address and telephone number as contact information.

    The personal data provided by the shareholders to the Company is only used in connection with the Annual General Meeting and the processing of related registrations.

    More information on registration for the meeting and advance voting is available until 14 April 2025 by phone from Innovatics Ltd at +358 10 2818 909 from Monday to Friday between 9.00 am and 12.00 noon and between 1.00 pm and 4.00 pm (EET/EEST).

    1. Shareholders registered with Euroclear Finland Oy in Finland

    Each shareholder who is on 9 April 2025 registered in the shareholders’ register of Sampo plc held by Euroclear Finland Oy has the right to participate in the Annual General Meeting. A shareholder whose shares are registered on their personal Finnish book-entry account is registered in the shareholders’ register of the Company.

    A shareholder who is registered in the Company’s shareholders’ register and who wishes to participate in the Annual General Meeting shall notify the Company thereof according to the instructions set out below.

    Notification of participation shall be made no later than by 4.00 pm (EEST) on Monday 14 April 2025

    a) On the Company’s website at www.sampo.com/agm

    b) By email to agm@innovatics.fi or regular mail to Innovatics Oy, Yhtiökokous / Sampo Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland.

    c) By telephone to Innovatics Ltd at +358 10 2818 909 from Monday to Friday between 9.00 am and 12.00 noon and between 1.00 pm and 4.00 pm (EET/EEST). When registering by phone, a shareholder cannot vote in advance.

    Registration must be received by 4.00 pm (EEST) on Monday 14 April 2025 irrespective of the registration method.

    2. Shareholders registered with VP Securities A/S in Denmark

    Each shareholder who is on 9 April 2025 registered in the shareholders’ register of Sampo plc held by VP Securities A/S (Euronext Securities Copenhagen) has the right to participate in the Annual General Meeting. Such shareholders who wish to participate in the Annual General Meeting shall notify Euronext thereof according to the instructions set out below.

    Notification of participation shall be made no later than by 3.00 pm (CEST) on Friday 11 April 2025

    a) On the Company’s website at www.sampo.com/agm

    b) By email to CPH-investor@euronext.com

    c) By telephone to Euronext at +45 4358 8866 from Monday to Friday between 9.00 am and 4.00 pm (CET/CEST). When registering by phone, a shareholder cannot vote in advance.

    Registration must be received by 3.00 pm (CEST) on Friday 11 April 2025 irrespective of the registration method.

    If you represent a legal entity/person, you must present proof of identification and rights of representation. Such identification may consist of a document that proves your authorisation to sign on behalf of the entity or a document that process you are part of the management of the entity.

    Shareholders whose shares are held in trust in Denmark and who wish to participate in the Annual General Meeting are advised to request their trustee for the necessary instructions regarding the registration and advance voting. The trustee shall register the shareholder according to the instructions above to Euronext Securities Copenhagen no later than 11 April 2025 at 3.00 pm (CEST).

    3. Holders of Swedish depository receipts

    Holders of Swedish depository receipts (SDRs) have the right to participate in the Annual General Meeting by virtue of shares represented by the SDRs based on which they would be entitled to be registered in the shareholders’ register of the Company held by Euroclear Finland Oy on 9 April 2025. In addition, the right to participate in the Annual General Meeting requires that the holder of SDRs has been registered, on the basis of such shares represented by the SDRs, into the temporary shareholders’ register held by Euroclear Finland Oy at the latest by 10.00 am (EEST) on 16 April 2025, and the request regarding such registration must be delivered to the issuer of the SDRs and all necessary actions taken at the latest by 9.00 am (EEST) on 14 April 2025. As regards holders of SDRs, this constitutes a due registration for the Annual General Meeting.

    A holder of SDRs is advised to request without delay necessary instructions regarding the registration in the temporary shareholders’ register of the Company, the issuing of proxy documents and voting instructions from their custodian bank which the holder of the SDRs has appointed to hold the SDRs on their account. Said custodian bank shall take necessary actions to the effect that a holder of SDRs who wants to participate in the Annual General Meeting is registered into the temporary shareholders’ register of the Company at the latest by 10.00 am (EEST) on 16 April 2025 and, if necessary, arrange for advance voting on behalf of the holders of SDRs before the end of the registration period.

    Further information on these matters can also be found on the Company’s website www.sampo.com/agm.

    4. Holders of nominee-registered shares

    Holders of nominee-registered shares have the right to participate in the Annual General Meeting by virtue of shares based on which they would be entitled to be registered in the shareholders’ register of the Company held by Euroclear Finland Oy on 9 April 2025. In addition, the right to participate in the Annual General Meeting requires that the shareholder has been registered on the basis of such shares into the temporary shareholders’ register held by Euroclear Finland Oy at the latest by 10.00 am (EEST) on 16 April 2025. As regards nominee-registered shares, this constitutes a due registration for the Annual General Meeting.

    A holder of nominee-registered shares is advised to request without delay necessary instructions regarding the registration in the temporary shareholders’ register of the Company, the issuing of proxy documents, voting instructions and registration and advance voting for the Annual General Meeting from their custodian bank. The custodian bank shall register a holder of nominee-registered shares who wants to participate in the Annual General Meeting into the temporary shareholders’ register of the Company at the latest by the date stated above and, if necessary, arrange for advance voting on behalf of the holder of nominee-registered shares before the end of the registration period for holders of nominee-registered shares.

    Further information on these matters can also be found on the Company’s website www.sampo.com/agm.

    5. Proxy representative and powers of attorney

    A shareholder may participate in the Annual General Meeting and exercise their rights at the meeting by way of proxy representation. A proxy representative may also vote in advance in accordance with the instructions provided herein. The proxy representative shall authenticate in the electronic registration service and advance voting (if applicable) personally with strong authentication, after which they will be able to register and vote in advance on behalf of the shareholder whom they represent.

    A proxy representative shall produce a dated proxy document or otherwise in a reliable manner demonstrate their right to represent the shareholder at the Annual General Meeting. Providing the right to represent can be done by using the suomi.fi e-authorizations service available in the electronic registration service.

    When a shareholder participates in the Annual General Meeting by means of several proxy representatives representing the shareholder with shares on different securities accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration for the Annual General Meeting.

    Possible proxy documents shall be delivered primarily as an attachment as part of the electronic registration, or alternatively, through email to agm@innovatics.fi or as originals to the address Innovatics Oy, Yhtiökokous / Sampo Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland before the end of the registration period.

    Delivering of a proxy prior to the end of the registration period is considered as registration for the meeting if all required information for registration described above is given.

    Shareholders may also use the electronic Suomi.fi authorisation service instead of a traditional authorisation. In such case, the shareholder authorises a representative in the Suomi.fi service at www.suomi.fi/e-authorizations by using the category “Representation at a general meeting”. The representative shall in connection with the registration to Innovatics’ general meeting service identify oneself through strong electronic identification. After that, the electronic authorisation will be proofed automatically. Online banking credentials or a mobile certificate may be used for strong electronic identification. More information is available at www.suomi.fi/e-authorizations and Sampo plc’s website at www.sampo.com/agm.

    6. Advance voting

    Shareholders may vote in advance on certain items on the agenda of the Annual General Meeting.

    a. Shareholders with shares registered with Euroclear Finland Oy in Finland

    Each shareholder who is registered in the shareholders’ register of the Company maintained by Euroclear Finland Oy as described in Subsection 1 above may vote in advance on certain items on the agenda of the Annual General Meeting between 26 March 2025 at 3.00 pm (EET) and 14 April 2025 at 4.00 pm (EEST):

    a) On the Company’s website at www.sampo.com/agm

    b) By email by submitting the advance voting form available on the Company’s website or equivalent information to agm@innovatics.fi or regular mail to Innovatics Oy, Yhtiökokous / Sampo Oyj, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland.

    b. Shareholders with shares registered with VP Securities A/S in Denmark

    Each shareholder who is registered in the shareholders’ register of Sampo plc held by VP Securities A/S (Euronext Securities Copenhagen) as described in Subsection 2 above may vote in advance on certain items on the agenda of the Annual General Meeting between 26 March 2025 at 2.00 pm (EET) and 11 April 2025 at 3.00 pm (CEST):

    a) On the Company’s website at www.sampo.com/agm

    b) By email to CPH-investor@euronext.com

    Shareholders whose shares are held in trust in Denmark and who wish to vote in advance are advised to instruct the trustee to vote in advance on behalf of such shareholders by 3.00 pm (CEST) on 11 April 2025 at the latest according to the instructions set out in this notice.

    The advance votes must be received by the end of the advance voting period. The submission of votes by email or by regular mail before the end of the registration and advance voting period shall be regarded as registration for the General Meeting, provided that it contains the above information required for the registration.

    A shareholder who has voted in advance may request information under the Finnish Limited Liability Companies Act, request a vote at the Annual General Meeting or vote on a possible counterproposal if they are present or represented at the Annual General Meeting at the meeting venue.

    The agenda items subject to advance voting are deemed to be presented unchanged at the Annual General Meeting. Therefore, under agenda item 13, if any of the members proposed to be elected to the Board of Directors are unavailable for election to the Board of Directors at the Annual General Meeting for any reason, the number of the proposed members unavailable for election will be automatically decreased from the number of the members of the Board of Directors to be elected, and the remaining candidates available for election will be elected in accordance with the proposal of the Nomination and Remuneration Committee.

    Instructions regarding the advance voting, and the terms related to the electronic advance voting are also available on the Company’s website at www.sampo.com/agm.

    7. Webcast

    A shareholder who is entitled to attend the Annual General Meeting may also follow the meeting via live webcast. Following the meeting through the webcast is not considered as participation in the Annual General Meeting or the exercising of shareholder rights. It is not possible to ask questions, make counterproposals, address the meeting otherwise or vote through the webcast. Webcast access to the Annual General Meeting will be provided through Inderes Oyj’s virtual general meeting service on the Videosync platform, which includes video and audio access to the General Meeting. Following the webcast does not require any paid software or downloads. In addition to an internet connection, following the webcast requires a computer, smartphone or tablet with speakers or headphones for sound. One of the following browsers is recommended: Chrome, Firefox, Edge, Safari, or Opera. It is advisable to log in to the meeting system well in advance of the meeting.

    The link and password for following the meeting via the webcast will be sent by e-mail and/or SMS to the e-mail address and/or mobile phone number provided at the time of registration to all those who have registered for the General Meeting no later than the day before the General Meeting.

    For more information on the general meeting service, additional instructions for proxies representing more than one shareholder, contact details of the service provider and instructions in case of possible disruptions can be found here: https://vagm.fi/support. A link to test the compatibility of your computer, smartphone or tablet with the network connection can be found here: https://demo.videosync.fi/agm-compatibility?language=en. It is recommended that you read the detailed instructions before the meeting. More information and instructions can also be found on the Company’s website at www.sampo.com/agm.

    8. Other instructions and information

    Pursuant to Chapter 5, Section 25 of the Finnish Limited Liability Companies Act, a shareholder who is present at the Annual General Meeting has the right to request information with respect to the items to be considered at the meeting.

    Any changes in the ownership of shares that have occurred after the record date of the Annual General Meeting do not affect the right to participate in nor the number of votes of the shareholder at the Annual General Meeting.

    On the date of this Notice of the Annual General Meeting the total number of shares in Sampo plc is 2,690,238,860 A shares, representing 2,690,238,860 votes, and 1,000,000 B shares, representing 5,000,000 votes, i.e. a total of 2,691,238,860 shares and 2,695,238,860 votes. At the Annual General Meeting, each A share carries one vote and each B share carries five votes.

    All of Sampo plc’s B shares are owned by a shareholder independent from the Company. Based on Sampo plc’s articles of association, each B share can be converted into an A share at the request of the holder of the B share. Subject to the Finnish Limited Liability Companies Act, the general meeting may resolve upon a directed acquisition of own shares, decide on the amendment of the articles of association to the effect that share classes are combined or otherwise reduce share class rights only provided such a proposal is supported by at least two thirds of the votes and shares, per share class, represented at the meeting. Thus, the authority to decide on the combination of Sampo plc’s share classes does not rest with the Company.

    Helsinki, 26 March 2025

    SAMPO PLC
    Board of Directors

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Maria Silander
    Communications Manager, Media Relations
    tel. +358 10 516 0031

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    FIN-FSA
    The principal media
    www.sampo.com

    The MIL Network

  • MIL-OSI: Ress Life Investments A/S publishes notice for Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

                                                                                                                            Ress Life Investments A/S
                                                                                                                            Nybrogade 12
                                                                                                                            1203 Copenhagen K
                                                                                                                             Denmark
                                                                                                                             CVR nr. 33593163
                                                                                                                             www.resslifeinvestments.com

    To: Nasdaq Copenhagen
    Date: 26 March 2025

    Corporate Announcement 11/2025

    Ress Life Investments A/S publishes notice for Annual General Meeting

    TO THE SHAREHOLDERS OF RESS LIFE INVESTMENTS A/S

    In accordance with Article 9.8 of the Articles of Association, notice is hereby given of the Annual General Meeting of Ress Life Investments A/S (the “Company“) which will take place on Wednesday 16 April 2025 at 10.00 a.m. at Nybrogade 12, 1203 Copenhagen K, Denmark.

    Shareholders in the Company are invited to participate.

    Agenda for the Annual General Meeting:

    1)     Adoption of the annual report
    2)     Appropriation of profit or loss as recorded in the adopted annual report
    3)     Election of members of the Board of Directors
    4)     Approval of the Remuneration Report
    5)     Approval of remuneration for the Board of Directors for the financial year 2025
    6)     Appointment of auditor
    7)     Any other business

    COMPLETE PROPOSALS

    Re. item 1

    The Board of Directors proposes that the annual report be adopted.

    Re. item 2

    The Board of Directors proposes that the profit as recorded in the annual report as adopted by the general meeting should be distributed in accordance with the annual report.

    Re. item 3

    The Board of Directors proposes that Søren Andersen, Jeppe Buskov and Henrik Franck be re-elected to the Board of Directors.

    Mr Søren Andersen has been a member of the Board of Directors of the Company since August 2019. Mr Andersen is the managing director of Nordic I&P DK ApS, S.A. Consulting ApS, FPension A/S and NHMSA ApS. Mr Andersen currently is a board member of FPension A/S.

    Mr Jeppe Buskov has been a member of the Board of Directors of the Company since February 2014. Mr Buskov currently holds the position as chairman of the board of directors of Advokatfirmaet Kromann Reumert International A/S. Mr Buskov is a board member of KR 649 A/S.

    Mr Henrik Franck has been a member of the Board of Directors of the Company since April 2024. Mr Franck has 35 years of experience from the Asset Management Industry including 24 years in CIO positions.

    Re. item 4

    The Board of Directors proposes that the Remuneration Report attached to this notice be approved.

    Re. item 5

    The Board of Directors proposes the following remuneration for the Board of Directors for the financial year 2025:

    • Ordinary members will receive a basic remuneration of DKK 100,000
    • The chairman will receive a basic remuneration of DKK 215,000

    Re. item 6

    The Board of Directors proposes that Deloitte Statsautoriseret Revisionspartnerselskab should be re-elected as auditor. The Board of Directors has not been influenced by any third party and has not been bound by any third-party agreement, restricting the general meeting’s choice of auditor to certain auditors or audit firms.

    REGISTRATION, ADMISSION, PROXY AND POSTAL VOTE

    Registration date

    A shareholder’s right to participate in the general meeting and the number of votes, which the shareholder is entitled to cast, is determined in accordance with the number of shares held by such shareholder on 9 April 2025 (the registration date). The shares held by each shareholder are determined at the registration date on the basis of the shareholdings registered in the share register in accordance with any notices on shareholding received, but not yet registered, by the Company in the share register.

    Deadline for notice of attendance

    A shareholder or its proxy wishing to attend the general meeting must give notice of their participation to the Company no later than 11 April 2025, see Article 11.5 of the Articles of Association. Similarly, the shareholders’ advisor or the shareholders’ proxy’s advisor must give notice of their participation to the Company no later than 11 April 2025. Notice of participation may be given to the Company using the form attached as Appendix 1, which shall be sent, duly completed and signed, to Ress Life Investments A/S, Nybrogade 12, 1203 Copenhagen K, Denmark by letter or by email to RessLifeGroup@citco.com for receipt no later than 11 April 2025, 23:59 p.m.

    Proxy

    If you are prevented from attending the general meeting, you may appoint a proxy, e.g. the Board of Directors, to cast the votes carried by your shares. If you wish to appoint a proxy, please return the instrument of proxy form attached as Appendix 2, duly signed and dated, to Ress Life Investments A/S, Nybrogade 12, 1203 Copenhagen K, Denmark by letter or by email to RessLifeGroup@citco.com for receipt no later than 11 April 2025, 23:59 p.m.

    Postal vote

    You may also submit your votes by post before the date of the meeting. If you wish to vote by post, please fill in and return the postal vote form attached as Appendix 2, duly signed and dated, to Ress Life Investments A/S, Nybrogade 12, 1203 Copenhagen K, Denmark by letter or by email to RessLifeGroup@citco.com for receipt no later than 15 April 2025, 17:00 p.m.

    SHARE CAPITAL AND VOTING RIGHTS

    The Company’s share capital is EUR 87,873,500 divided into shares of EUR 500, cf. Article 3.1 of the Company’s Articles of Association. Pursuant to Article 11.1, each share of EUR 500 carries one (1) vote:

    Number of shares: 175,747
    Number of votes: 175,747

    AGENDA ETC.

    The agenda and the Annual Report for the period 1 January – 31 December 2024 will be available for inspection by the shareholders on all business days and within normal business hours at the office of the Company at Nybrogade 12, 1203 Copenhagen K, Denmark no later than 3 weeks before the general meeting.

    The following information will be made available at the Company’s website (http://resslifeinvestments.com/) not later than 3 weeks before the meeting:

    1. Notice convening the meeting.
    2. The total number of shares and voting rights as at the date of the notice.
    3. The documents to be submitted to the general meeting.
    4. The agenda and the full text of the proposals.
    5. The forms to be used for voting by proxy and by post, if relevant

    RIGHT TO INQUIRE

    At the general meeting, the management will answer questions from the shareholders on matters of relevance to the assessment of the Annual Report for the period 1 January – 31 December 2024, the Company’s position, and other questions to be addressed by the meeting.

    Questions related to this announcement can be made to the Company’s CEO Ketil Poul Petersen, email: ketilp.rli@gmail.com or to the Company’s AIF-manager, Resscapital AB, Gustaf Hagerud, email: gustaf.hagerud@resscapital.com.

    Attachments

    The MIL Network

  • MIL-OSI: The Next Big XRP Play Has Arrived – And Whales Are Already Loading Up

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, March 26, 2025 (GLOBE NEWSWIRE) — In the world of crypto, the smartest money always moves first. And right now, it’s moving straight into XploraDEX ($XPL Token) the first AI-powered decentralized exchange built on the XRP Ledger. From early XRP investors to seasoned DeFi traders, the sharpest minds in the ecosystem are buying $XPL early, sensing a rare 100x opportunity that blends cutting-edge technology with real-world trading utility.

    The $XPL Presale is Live, and momentum is exploding as XRP whales and insiders secure their allocation before the platform goes public.

    Why Is Smart Money Betting Big on XploraDEX?

    XploraDEX isn’t just another DEX. It’s a next-gen platform designed for those who want to trade faster, smarter, and more profitably. Here’s what makes it a magnet for serious capital:

    1. AI-Powered Trade Execution

    Real-time, machine-learning-powered trading algorithms that remove emotion and guesswork—giving users optimal entry and exit points 24/7.

    2. Predictive Market Analytics

    XploraDEX forecasts market trends before they unfold, helping traders ride momentum and avoid traps.

    3. Smarter Liquidity

    AI automatically manages liquidity pools, routes trades efficiently, and reduces slippage—perfect for large-volume investors.

    4. Built on XRP Ledger

    With ultra-fast speeds, micro-fees, and native token support, XRPL gives XploraDEX an edge in scalability and execution.

    5. Institutional-Grade Tools for Everyday Traders

    What hedge funds use, now in your hands, with full decentralization and non-custodial control.

    PARTICIPATE IN XPLORADEX PRESALE: https://sale.xploradex.io

    The $XPL Token: Fueling the AI DeFi Revolution on XRPL

    The $XPL Token powers every layer of the XploraDEX experience. From fee discounts and AI access to staking and governance, this is more than just a token, it’s the heartbeat of a fast-growing DeFi machine.

    $XPL Token Utility Includes:

    • Access to AI Trading Suite
    • Reduced Platform Fees
    • Staking Rewards & Passive Income
    • Governance Voting Rights
    • Early Access to Liquidity Mining Programs

    With real utility, real integration, and early adoption from XRP whales, $XPL is poised to become one of the most valuable tokens on XRPL.

    Buy $XPL TOKEN on Presale: https://sale.xploradex.io

    Why the $X Presale Is Your Best Entry Point

    Presales are where 100x moves begin, and $XPL is no different. Early buyers:

    • Get in at the lowest price tier
    • Access exclusive rewards and airdrops
    • Influence early governance decisions
    • Gain priority access to staking and AI tools

    And with the $XPL presale buzz growing by the day, this window won’t stay open long.

    Final Thoughts: Follow the Smart Money

    The investors who made 100x on XRP in 2017 are already betting on XploraDEX today. They understand the formula: early access + real utility + first-mover advantage = explosive upside.

    If you missed the last XRP wave—don’t miss this one.

    Join the $XPL Presale Now: 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/b069b8a4-8f3b-4a65-976e-e736cd3f7450

    The MIL Network

  • MIL-OSI: Proposals of the Board of Directors of Sampo plc and its Audit Committee to the Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 26 March 2025 at 10:20 am EET

    Proposals of the Board of Directors of Sampo plc and its Audit Committee to the Annual General Meeting

    The Board of Directors of Sampo plc and its Audit Committee have made proposals for the election and remuneration of the Auditor and the Sustainability Reporting Assurance Provider as well as a proposal for repurchase of own shares to Sampo’s Annual General Meeting (AGM) to be held on 23 April 2025.

    The Audit Committee proposes to the AGM that the Authorised Public Accountant Firm Deloitte Ltd be re-elected as the Company’s Auditor and Sustainability Reporting Assurance Provider for the financial year 2025. Furthermore, the Audit Committee proposes that compensation be paid to the Company’s Auditor and to the Sustainability Reporting Assurance Provider against invoices approved by the Company.

    The Board of Directors proposes that the AGM authorise the Board to resolve to repurchase, on one or several occasions, a maximum of 250,000,000 Sampo plc A shares. The maximum number of shares represents approximately 9.29 per cent of all outstanding A shares of the company. The repurchased shares will be cancelled. It is proposed that the authorisation be valid until the close of the next AGM, however no longer than 18 months from the AGM’s decision.

    The proposals of the Nomination and Remuneration Committee to Sampo AGM were published on 9 December 2024. In addition, the Board proposal for distribution of profit was published on 6 February 2025. These proposals,as well as the proposals of the Audit Committee, are available at www.sampo.com/agm. The proposals of the Audit Committee are also attached in full to this release.

    SAMPO PLC
    Board of Directors

    For further information, please contact:

    Sami Taipalus
    Head of Investor Relations
    tel. +358 10 516 0030

    Maria Silander
    Communications Manager, Media Relations
    tel. +358 10 516 0031

    Distribution:
    Nasdaq Helsinki
    Nasdaq Stockholm
    Nasdaq Copenhagen
    London Stock Exchange
    FIN-FSA
    The principal media
    www.sampo.com

    APPENDIX 1

    Proposal for the remuneration of the Auditor and the Sustainability Reporting Assurance Provider

    The Audit Committee of the Board of Directors proposes to the Annual General Meeting that compensation be paid to the Company’s Auditor and to the sustainability reporting assurance provider against invoices approved by the Company.

    As background to the proposal, the Audit Committee states that the Authorised Public Accountant Firm Deloitte Ltd has acted as Sampo plc’s Auditor since 2021 and as Sampo plc’s sustainability reporting assurance provider since 2024.

    Sampo plc’s fees to Deloitte Ltd for statutory audit services in 2024 totaled to approximately EUR 450,000 and approximately EUR 137,000 for sustainability reporting assurance. In addition, Sampo plc’s fees to Deloitte Ltd for non-audit services totalled to approximately EUR 204,000.

    Sampo Group’s fees to audit firm Deloitte for statutory audit services in 2024 totaled to approximately EUR 4,322,000. In addition, Sampo Group’s fees for non-audit services to audit firm Deloitte totalled to approximately EUR 712,000, which is at most approximately 16.5 per cent of Sampo Group’s fees to audit firm Deloitte for statutory audit services.

    The Auditor’s fees for services provided to Sampo Group have been presented in note 6 of the consolidated financial statements.

    26 March 2025

    SAMPO PLC
    Audit Committee

    APPENDIX 2

    Proposal for the election of the Auditor and the Sustainability Reporting Assurance Provider

    The Audit Committee of the Board of Directors proposes to the Annual General Meeting that the Authorised Public Accountant Firm Deloitte Ltd be re-elected as the Company’s Auditor for the financial year 2025. If Deloitte Ltd is elected as Sampo plc’s Auditor, the firm has announced that APA ASA Jukka Vattulainen will continue as the auditor with principal responsibility. Jukka Vattulainen has acted as the Company’s principally responsible auditor since 2021.

    The Audit Committee also proposes to the Annual General Meeting that Authorised Sustainability Audit Firm Deloitte Ltd be re-elected as the Company’s Sustainability Reporting Assurance Provider for the financial year 2025. If Deloitte Ltd is elected as Sampo plc’s Sustainability Reporting Assurance Provider, the firm has announced that APA ASA Jukka Vattulainen will continue as the principal Authorised Sustainability Auditor. Jukka Vattulainen has acted as the Company’s principal Authorised Sustainability Auditor since 2024.

    The Audit Committee notes that its proposal is free from influence by a third party, and the Audit Committee is not subject to compliance with any such clauses referred to in Article 16(6) of the Audit Regulation (Regulation (EU) No 537/2014 of the European Parliament and of the Council of 16 April 2014 on specific requirements regarding statutory audit of public-interest entities and repealing Commission Decision 2005/909/EC) that restrict the choice as regards the election of a statutory auditor or audit firm.

    The election of Deloitte Ltd as the Company’s Sustainability Reporting Assurance Provider is conditional on Deloitte Ltd being elected as the Company’s Auditor.

    26 March 2025

    SAMPO PLC
    Audit Committee

    APPENDIX 3

    Proposal for authorisation to decide on the repurchase of the company’s own shares

    The Board of Directors proposes that the Annual General Meeting authorise the Board to resolve to repurchase, on one or several occasions, a maximum of 250,000,000 Sampo plc A shares. The maximum number of shares represents approximately 9.29 per cent of all outstanding A shares of the company. The repurchased shares will be cancelled.

    The shares may be repurchased either through an offer to all shareholders on equal terms or through other means and otherwise than in proportion to the existing shareholdings of the company’s shareholders (directed repurchase) if the Board of Directors deems that there are weighty financial reasons for such directed repurchase. Directed repurchases may be carried out, among others, through open market purchases, participation in accelerated book-building processes or through arranging reversed accelerated book-building processes.

    The purchase price per share shall be no more than

    (i) the highest price paid for the company’s shares in public trading on the day of the repurchase or the offer to repurchase the company’s own shares, or alternatively,

    (ii) the average of the share prices (volume weighted average price on the regulated markets where the company’s share is admitted to trading) during the five trading days preceding the repurchase or the offer to repurchase the company’s own shares.

    The lowest purchase price per share shall be the price that is 20 per cent lower than the lowest price paid for the company’s shares in public trading during the validity of this authorisation until the repurchase or the offer to repurchase the company’s own shares.

    The repurchases under the authorisation are proposed to be carried out by using funds in the unrestricted shareholders’ equity, which means that the repurchases will reduce funds available for distribution of profit.

    The Board of Directors shall be authorised to decide on all other terms relating to the repurchase of the company’s own shares. It is proposed that the authorisation be valid until the close of the next Annual General Meeting, however no longer than 18 months from the Annual General Meeting’s decision. The holder of all of Sampo plc’s B shares has given its consent to a buy-back of A shares.

    26 March 2025

    SAMPO PLC
    Board of Directors

    The MIL Network

  • MIL-OSI: Deutsches Forschungsnetz selects Nokia to accelerate scientific research with a high-capacity green IP network 

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Deutsches Forschungsnetz selects Nokia to accelerate scientific research with a high-capacity green IP network 

    • IP network upgrade allows Deutsches Forschungsnetz e.V. (DFN) to provide seamless access to critical resources and facilitate faster and more efficient collaboration.
    • Expansion delivers interface speeds up to 800 Gigabits per second to meet future capacity growth
    • Modernized IP core network offers higher bandwidth, increased capacity and up to 75% reduced power consumption

    26 March 2025
    Espoo, Finland – Nokia has renewed and expanded DFN’s, the German National Research and Education Network, IP core router network in Germany. Nokia’s IP router solution will give DFN access to higher bandwidth, increased network capacity and reduce power consumption in its network up to 75%.

    The DFN Association offers a comprehensive suite of services designed to meet the evolving needs of the scientific research community. By providing high-throughput connectivity, DFN ensures that researchers can seamlessly access critical resources, such as supercomputers and large-scale data repositories, enabling faster and more efficient collaboration. This is particularly vital for projects that require extensive data transfers or collaboration with international research institutions.

    The DFN Association operates the national research and education network and develops the communication infrastructure for universities, research institutes and R&D companies across Germany, connecting approximately 850 locations throughout the country. It is considered one of the largest and most powerful non-commercial networks in the world with a total length of 10,250 km of optical fiber in the backbone and a multi-terabit core network spanning 65 core network locations.

    DFN selected Nokia to swap out existing equipment from another vendor and provide IP core network routers to ten locations in Germany. This upgrade will increase connectivity from DFN’s current 100G interfaces to 400G, with runway to further upgrade to 800G as demand warrants. Nokia deployed its scalable 7750 Service Routers which are based on the company’s FP5 routing silicon.

    The deal includes a full suite of professional services, training and technical consultancy throughout the deployment and operation. All existing DFN applications were successfully migrated into Nokia’s service routers ahead of deployment.

    “Nokia’s solution offered the performance and scalability we need for our IP core network in Germany, and the results speak for themselves. With the implemented solution, we are already equipped for 800G and can now further scale and expand our services according to the requirements of our participants in research and higher education in Germany. We are very satisfied with the collaboration with Nokia and the results achieved so far,” said Dr. Stefan Piger, Head of Network and Communication Services at DFN.

    “As the developer and operator of the communications infrastructure linking universities and research institutes in Germany, DFN plays a vital role in fostering growth for the broader scientific community across the country. This collaboration with world class research and education network underscores the value of our IP routing technology in providing a robust, agile and adaptable core network with the headroom to scale efficiently into the future”, added Matthieu Bourguignon, Senior Vice President, Europe, Network Infrastructure at Nokia.

    Multimedia, technical information and related news 
    Product Page: FP5 network processor
    Product Page: 7750 Service Router
    Web Page: Nokia Research and Education Networks

    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.

    About Deutsches Forschungsnetz e.V. – DFN
    The DFN Association is responsible for the operation and expansion of the German research network and related IT services. DFN operates and develops the communication infrastructure for research institutes in Germany. It connects universities, non-university research institutions and research-related commercial enterprises at around 850 locations throughout Germany.

    The science network has a total length of 10,250 km of optical fiber in the backbone and a multi-terabit core network spanning 65 core network locations; it is one of the largest and most powerful non-commercial communication networks in the world.

    DFN operates not only nationally but also connects to European and global scientific networks and the general Internet via high-performance exchange points.

    https://www.dfn.de/netz/

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network

  • MIL-OSI: Bitget Wallet Unveils $80K BERA Airdrop for Berachain Ecosystem Users

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, March 26, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has launched a Berachain ecosystem campaign featuring a $80,000 BERA airdrop. Running from March 20 at 16:00 to April 2 at 16:00 (UTC+8), the initiative is designed to reward users who actively engage with Berachain’s rapidly expanding ecosystem through a series of interactive on-chain tasks.

    The campaign spotlights six emerging projects within the Berachain network: Dolomite, Kodiak Finance, Infrared, Wasabee (Honeypot Finance), Ramen Finance, and ZooFinance. Participants who engage with these decentralized applications (DApps) through Bitget Wallet—completing tasks such as staking, swapping, and wallet interactions—will become eligible for a share of the $80,000 BERA airdrop pool. The goal is to encourage user exploration of the Berachain ecosystem and support the growth of its early-stage protocols.

    As the first wallet to fully integrate Berachain, Bitget Wallet offers users direct access to the Berachain mainnet, along with built-in features like token swaps, cross-chain transactions, and DApp connectivity—eliminating the need for manual configuration or third-party tools. This initiative is part of a broader effort by Bitget Wallet and Berachain to lower the barrier to ecosystem adoption while supporting builders and early participants, reinforcing both teams’ commitment to making onchain participation more accessible and rewarding.

    Berachain represents a new wave of DeFi infrastructure, and we’re excited to work closely with its ecosystem to bring users deeper on-chain experiences,” said Alvin Kan, COO of Bitget Wallet. “Through this campaign, we aim to lower the barrier to participation and reward users who help grow the next generation of decentralized protocols.”

    For more details, please visit Bitget Wallet X.

    About Bitget Wallet
    Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 60 million users, it offers comprehensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser and crypto payment solutions. Supporting over 130 blockchains, 20,000+ DApps, and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund to ensure safety of users’ assets. Experience Bitget Wallet Lite to start a Web3 journey.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, please contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fa873586-8915-44f0-af6e-24c774b0bed7

    The MIL Network

  • MIL-OSI: Nokia expands collection of broadband applications for Service Providers to monetize the connected home

    Source: GlobeNewswire (MIL-OSI)

    Press release
    Nokia expands collection of broadband applications for Service Providers to monetize the connected home

    • Nokia Corteca Marketplace provides Communication Service Providers (CSPs) with access to the largest collection of value-added applications for broadband devices.
    • CSPs can easily manage applications with Corteca via prpl lifecycle management (LCM) and TR-369 standard-based protocols.        
    • Developers and CSPs can use Nokia’s open-source Corteca Developer Toolkit to quickly develop new applications for home broadband devices.

    26 March 2025
    Amsterdam, Netherlands – Nokia today announced the launch of several new applications that help CSPs unlock new revenue opportunities and bolster end-user experiences. Nokia’s Corteca Marketplace has the largest collection of applications for broadband devices available today through a single platform.   The applications can help CSPs enhance customer experiences, improve the performance of broadband and Wi-Fi services, and generate new revenue streams.

    The full set of Corteca applications covers a variety of use cases, including diagnostics, VPN services, traffic optimization, speed tests, ad-blocking security, parental controls and more. Supporting both prpl LCM and the TR-369 User Services Platform (USP) protocol, the platform also makes managing in-home broadband gateways, Wi-Fi connectivity, and applications, easy, allowing operators to quickly install, uninstall or update any of the applications it delivers to customers. CSPs that want to develop their own applications can also use Nokia’s Corteca Developer Toolkit available on GitHub.

    New applications added to the Nokia Corteca Marketplace platform include:

    • Ookla speedtest: To analyze internet performance by measuring download/upload speeds, latency and jitter.
    • Device Anti-Theft asset security: Delivers a layer of monitoring and control, via penalization of services, for suspected stolen broadband devices that connect to the Corteca platform via external networks.
    • WTFast gaming optimization: AI-driven router technology that optimizes online gaming traffic.
    • AdGuard ad blocking: Network-wide blocking of ads and traffic tracking.
    • Blocky ad blocking: Open-source security suite providing ad and traffic tracking blocking in addition to malware protection.

    These new applications complement existing applications, such as Nokia Fingerprint, Nokia Broadband Compliance, Netduma Optima, Nokia FastMile FWA Controller, F-Secure Sense, Gryphon Home, M-Lab Speed Test and OpenVPN™ Client.

    “We decided to work with Nokia to make distribution of our technology for broadband providers much easier. We’re excited to offer WTFast in the Corteca platform, not only on new devices, but also devices already in footprint,” said Rob Bartlett, CEO and Founder, WTFast.

    “Integrating Optima with the Corteca platform has been a smooth process with tools and support readily available from the Nokia team. The intelligent Corteca architecture has meant that we can deliver all the Optima performance in an efficient containerized platform,” said Luke Barlow, CEO at Netduma.

    “Nokia’s Corteca Marketplace provides the most comprehensive suite of broadband device applications available today. Both cloud and device sides are based on standards, creating an open environment that lets operators avoid vendor lock-in.” said Justin Doucette, Head of WiFi, Fixed Networks at Nokia.

    Multimedia, technical information and related news 
    Product Page: Corteca Marketplace
    Product Page: Corteca Applications

    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. 

    Media inquiries 
    Nokia Press Office 
    Email: Press.Services@nokia.com  

    Follow us on social media 
    LinkedIn X Instagram Facebook YouTube 

    The MIL Network

  • MIL-OSI: Admission to trading of AB Šiaulių bankas Notes on Euronext Dublin

    Source: GlobeNewswire (MIL-OSI)

    THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER, INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF AB ŠIAULIŲ BANKAS.

    On 25 March 2025 the EUR 300,000,000 4.597 per cent. Fixed Rate Reset Callable Senior Preferred Notes (ISIN XS3025213102) of AB Šiaulių bankas were admitted to the official list of Euronext Dublin and to trading on the regulated market of Euronext Dublin administered by the Irish Stock Exchange plc.

    This communication is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful. No action has been taken that would permit an offering of securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

    Additional information:
    Tomas Varenbergas 
    Head of Investment Management Division
    tomas.varenbergas@sb.lt

    The MIL Network