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Category: GlobeNewswire

  • MIL-OSI: ESET Celebrates Tenth Anniversary of Women in Cybersecurity Scholarship, Kicks Off 2025 North America Applications

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 07, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity, today announced the tenth anniversary of its Women in Cybersecurity North American Scholarship originally launched in 2016 to support and empower women pursuing careers in cybersecurity. For a decade, ESET North America has encouraged and uplifted women to pursue careers in cybersecurity, offering financial assistance to help achieve their aspirations. In solidarity with the 2025 International Women’s Day’s #AccelerateAction theme, the Women in Cybersecurity North American Scholarship program expands its scope with additional awards, enhanced evaluation criteria, and a renewed focus on recognizing both technical excellence and emerging potential.

    Pioneering one of the first scholarships of its kind, Celeste Blodgett, Vice President of Human Resources at ESET North America, originated the program at the North American headquarters in San Diego, California in order to support women who want to go into technology fields. Bolstered by Celeste’s passion, the program has since awarded scholarships to more than 25 recipients in the U.S. and Canada, and expanded globally to Australia, the United Kingdom, and Singapore.

    “Around the world, the ESET Women in Cybersecurity Scholarship recipients are showcasing a passion for protecting digital citizens, yet with women only accounting for less than one-fifth of the cybersecurity workforce there is much work to be done,” said Celeste Blodgett, Vice President of Human Resources at ESET North America. “We’ve encountered so many remarkable women who are passionate about shaping the future of this field and are thrilled to celebrate our tenth anniversary by earmarking one additional Cybersecurity Trailblazer award in the U.S. and five additional Future Leader awards in Canada.”

    According to the 2024 Cybersecurity Workforce Study conducted by (ISC)², women account for only 14.4% of the cybersecurity workforce, while men make up 79.6%. This stark imbalance underscores the critical need to bring more women into the profession, particularly as emerging technologies like generative AI continue to evolve. ESET is committed to fostering opportunities for women to lead in cybersecurity and AI, helping to bridge this gap and build a more balanced, innovative, and equitable future. Diversity in AI development is essential to ensure these tools are ethical, secure, and inclusive.

    ESET North America will award $45,000 in scholarships in 2025 to support the next generation of cybersecurity professionals. In the Cybersecurity Trailblazer Award Tier, the U.S. will grant three $10,000 scholarships—one of which is dedicated to a recipient in San Diego, honoring the program’s origins. This marks an expansion from previous years. In Canada, the Cybersecurity Trailblazer Award Tier will award two $5,000 scholarships to applicants demonstrating exceptional technical proficiency and a strong focus on cybersecurity. To celebrate the tenth anniversary, ESET has expanded the Future Leader Award (Canada only) to include five new $1,000 awards, recognizing emerging talent with great potential in cybersecurity.

    “This scholarship has greatly supported my career and academic journey by providing me the financial freedom to focus on my studies,” shared Anushka Khare, Security Program Manager at Microsoft and 2022 recipient of ESET’s Women in Cybersecurity Scholarship. “It has also allowed me to pursue advanced courses in cybersecurity, attend relevant workshops and gain hands-on experience. This support has not only enhanced my technical skills, but has also boosted my confidence, knowing I have the backing to succeed in this competitive field.”

    DETAILS AND HOW TO APPLY
    Applications are now being accepted for the 2025 round and submissions must be received by 11:59 p.m. PT April 8, 2025. Applicants can learn more about the scholarships and submit their application by visiting our dedicated webpages. If you’re a US student, you can apply here; if you’re a Canadian student, apply here.

    Questions? Email us at US-scholarship@eset.com [US-only inquiries] or CA-scholarship@eset.com [Canada-only inquiries] with any questions.

    About ESET
    ESET provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of known and emerging cyber threats — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud or mobile protection, its AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multi-factor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. An ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow us on LinkedIn, Facebook, and Twitter.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ead3ad44-8afd-4420-be3f-2ed5140ac8ce

    The MIL Network –

  • MIL-OSI: Northfield Capital Champions Canadian Craftsmanship With Spirit of York Distillery Co., the Official Gin of Live Nation In Ontario

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 07, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Corporation”), a proudly Canadian-owned investment company, is reaffirming its commitment to Canadian industry and craftsmanship through its strategic leadership and ownership of Spirit of York Distillery Co. (or “Spirit of York”). Rooted in national pride, Spirit of York is setting the benchmark for premium Canadian spirits, sourcing 100% of its ingredients – including heritage grains and pristine water – from within Canada.

    As the Official Gin of Live Nation Canada, Inc. in Ontario (or “Live Nation”), Spirit of York is taking center stage at some of the province’s most iconic music venues and festivals. This three-year partnership, launched in 2024, brings Spirit of York Premium Gin to concertgoers at four major music festivals and eight Live Nation venues across Ontario, including Toronto’s legendary Budweiser Stage. The partnership is highlighted by The Garden, an immersive, botanical-inspired lounge at the foot of the venue’s Lakehouse. Designed to embody the 15 botanicals infused in Spirit of York’s handcrafted gin, The Garden provides an elegant and inviting space where fans can enjoy Canada’s finest spirits in a setting that celebrates nature and music.

    “At a time when supporting Canadian businesses has never been more important, we take immense pride in producing a world-class gin that is not only made in Canada but made of Canada,” said Michael Leskovec, CEO of Spirit of York. “Our partnership with Live Nation is a powerful way to bring our brand to the forefront of cultural experiences while championing Canadian agriculture, craftsmanship, and industry.”

    A Spirit Born from the Heart of Canadian Agriculture

    Spirit of York’s commitment to quality starts with its ingredients, all of which are sourced exclusively from Canadian farmers. Every bottle begins with rye grown in the fertile fields of Ontario by multi-generational family farms that have helped shape Canada’s agricultural legacy. The grains are carefully selected to ensure the highest quality, maintaining the purity and richness of the land they come from. Combined with Canada’s famously pristine water sources, these raw materials form the foundation of Spirit of York’s handcrafted spirits, delivering an authentically Canadian taste experience.

    By sourcing directly from local farmers, Spirit of York not only guarantees premium quality but also strengthens Canada’s agricultural economy, supporting Canadian jobs and ensuring the sustainability of local grain production. This dedication to homegrown ingredients is a testament to the brand’s unwavering commitment to producing spirits that are truly, unmistakably Canadian.

    Northfield Capital remains committed to investing in and advancing Canadian enterprises that drive economic growth and preserve national craftsmanship. Spirit of York exemplifies this vision – an uncompromising dedication to quality, sustainability, and local sourcing that supports Canadian farmers, distillers, and workers.

    As the demand for premium, authentically Canadian products rises, Northfield Capital and Spirit of York are proud to lead the charge, ensuring that consumers have access to superior, locally made spirits that stand apart in a global market.

    For more information, please visit www.northfieldcapital.com and www.spiritofyork.com.

    About Northfield Capital Corporation

    Northfield Capital Corporation is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. The company is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada.

    About Spirit of York Distillery Co.

    Spirit of York Distillery Co. is a premium Canadian spirits producer based in Toronto’s historic Distillery District. Committed to excellence, the distillery sources 100% of its ingredients from Canadian farms and uses traditional distillation methods to craft its award-winning gin, vodka, and other spirits. Every bottle is a reflection of Canada’s rich agricultural heritage, proudly made in Canada, for Canada.

    For further information, please contact:

    Michael G. Leskovec, CPA, CA
    Chief Financial Officer
    Telephone: (416) 628-5940

    Forward-Looking Information

    This news release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information is identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “will,” “would,” and similar expressions, including references to assumptions. Such information may relate to, but is not limited to, the expected impact of the partnership between Spirit of York Distillery Co. and Live Nation, anticipated market reception and brand growth, the Corporation’s ongoing commitment to Canadian agriculture and craftsmanship, and potential future economic conditions, including tariffs, affecting the Canadian spirits industry. Forward-looking information is based on current expectations, estimates, projections, and assumptions that involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, changes in consumer preferences, regulatory developments, economic conditions and penalties such as tariffs, supply chain disruptions, competitive dynamics in the spirits industry, and external market factors impacting Northfield’s and Spirit of York’s operations. There can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially due to a variety of risks and uncertainties. Readers should not place undue reliance on forward-looking information. Northfield Capital Corporation and Spirit of York Distillery Co. disclaim any intention or obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events, or otherwise, except as required under applicable securities laws.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI: Enstar Subsidiary Assigned “A” Financial Strength Rating by AM Best

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, March 07, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (NASDAQ: ESGR) announced today that the credit rating agency AM Best has assigned a Financial Strength Rating of “A” (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Cavello Bay Reinsurance Limited (Cavello Bay), a subsidiary of Enstar Group Limited (Enstar) and its primary non-life run-off consolidator and a Class 3B reinsurer. The outlook assigned to these Credit Ratings is stable.

    On issuing its rating, AM Best highlighted Enstar’s “long track record of effectively managing claims in complicated lines of business”, noting that the ratings reflect Enstar’s balance sheet strength, as well as its strong operating performance, which it believes should remain at the current level throughout the remainder of 2025.

    Matt Kirk, Enstar’s Group Chief Financial Officer, said, “The AM Best Financial Strength Rating reflects Enstar’s established standing in the global legacy market and is further confirmation of our strong capital position and the resilience of our business model. The “A” rating for Cavello Bay, our primary Bermuda reinsurer, affirms our commitment to insurance ratings and will enhance our ability to structure insurance transactions that support the strategic objectives of our partners.”

    About Enstar

    Enstar is a NASDAQ-listed leading global insurance group that offers innovative capital release solutions through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. A market leader in completing legacy acquisitions, Enstar has acquired more than 120 companies and portfolios since its formation in 2001. For further information about Enstar, see www.enstargroup.com.

    Cautionary Statement

    This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding the intent, belief or current expectations of Enstar and its management team. Investors can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as ‘aim’, ‘anticipate’, ‘estimate’, ‘expect’, ‘intend’, ‘will’, ‘project’, ‘plan’, ‘believe’, ‘target’ and other words and terms of similar meaning in connection with any discussion of future events or performance. Investors are cautioned that any such forward-looking statements speak only as of the date they are made, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Specifically, Enstar’s ability to structure and execute insurance transactions profitably is dependent on many factors. Important risk factors regarding Enstar can be found under the heading “Risk Factors” in our Form 10-K for the year ended December 31, 2024 and are incorporated herein by reference. Furthermore, Enstar undertakes no obligation to update any written or oral forward-looking statements or publicly announce any updates or revisions to any of the forward-looking statements contained herein, to reflect any change in its expectations with regard thereto or any change in events, conditions, circumstances or assumptions underlying such statements, except as required by law.

    Contact:

    For Enstar:
    For Investors: Matthew Kirk (investor.relations@enstargroup.com)
    For Media: Jenna Kerr (communications@enstargroup.com)

    The MIL Network –

  • MIL-OSI: Gevo Provides Business Update

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., March 07, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”), a leading developer of cost-effective, renewable hydrocarbon fuels and chemicals with reduced greenhouse gas emissions, today reiterated the substantial potential Adjusted EBITDA1 growth we are targeting in 2025, and provided a business update. Gevo also announced that it ended the fourth quarter with cash, cash equivalents and restricted cash of $259.0 million2.

    Business Update – Path to Positive Run-Rate Adjusted EBITDA1

    • Gevo North Dakota: Carbon Capture and Sequestration (“CCS”) and Low-Carbon Ethanol Assets generated $150 million in revenue in its last fiscal year3and we expect it to immediately contribute $30 million to $60 million of Adjusted EBITDA1annually to Gevo’s carbon business. This facility in North Dakota, which was recently acquired from Red Trail Energy, LLC, is one of two low-carbon ethanol plants with operational CCS that exist today. The site has an operating, fully permitted Class VI CCS well, which captures over 160,000 tons of biogenic carbon dioxide annually; generates multiple times that amount in total carbon abatement; produces approximately 67 million gallons of low-carbon ethanol, including 2 million gallons of corn fiber ethanol with an ultra-low carbon intensity; and more than 230,000 tons of low-carbon animal feed and vegetable oil. As a result, this facility has one of the lowest carbon intensity scores in the industry, at 19 gCO2e/MJ (from British Columbia) or an estimated 21 gCO2e/MJ (under the Argonne-R&D-GREET model). We note that the ethanol 45Z tax credit, which takes effect in 2025 and expires in 2027 (unless renewed by legislation), provides a statutory $0.02 per gallon per carbon intensity point below approximately 50 gCO2e/MJ. In addition, we are developing an additional alcohol-to-jet (“ATJ”) project at this location for further future growth, leveraging our existing ATJ designs associated with the ATJ-60 project in South Dakota. The high quality carbon abatement credits generated at this plant are expected to further catalyze the development of the emerging market for carbon abatement products.
    • Renewable Natural Gas (“RNG”): We have achieved excellent operational results that are expected to improve further in 2025 and generate meaningful Adjusted EBITDA1. RNG produced in 2024 was 367,000 MMBtu, which was a 17% increase over the prior year, because of a successful gas upgrade capacity expansion. 2025 production is expected to further increase to over 400,000 MMBtu as a result of compressor and reliability upgrades. Our RNG facility has been approved by the Internal Revenue Service (“IRS”) to generate biogas 45Z tax credits. Based on the expected carbon intensity (“CI”) score for California LCFS of (339) gCO2e/MJ, a negative number, and depending on LCFS prices, monetization of the biogas 45Z tax credit, D3 RIN prices, and price of fossil based natural gas, we expect Adjusted EBITDA1 of $9 – 18 million in 2025.
    • Alcohol-to-Jet 603(“ATJ-60”) Project: The ATJ-60 project in Lake Preston, South Dakota continues to proceed towards financial close in 2025. In 2024, we received a conditional commitment for a loan guarantee with disbursements totaling $1.462 billion (excluding capitalized interest during construction) from the U.S. Department of Energy (“DOE”) Loan Programs Office (“LPO”) for our ATJ-60 project. With capitalized interest during construction, the DOE loan facility has a borrowing capacity of $1.63 billion. We are actively engaged with the DOE on the closing process for the conditional commitment. Our ATJ-60 project is expected to leverage American agriculture to produce both cost-effective fuels and food, which are integral for energy and food security of the United States. We believe our ATJ-60 project integrates seamlessly with existing energy infrastructure and catalyzes the development of the rural economy. The project is expected to generate 100 jobs at the facility, as well as 700 indirect positions in support, plus 1,000 high-paying trades jobs for the three years of construction5. This project is expected to have regional economic impact greater than $110 million per year. We are currently engaged with the DOE LPO on due diligence, definitive documentation, completing the environmental review process, and satisfaction of all conditions precedent that are required for financial close. We expect to incur $40 million of additional spend on ATJ-60 from January 1, 2025, until financial close. Our cumulative ATJ-60 development spending is expected to be partially reimbursed at project financial close. We may invest some or all of the reimbursed funds back into ATJ-60 as equity.
    • Verity: We are continuing to grow our Verity business, delivering our tracking and tracing solution to the market, expanding the customer base, and achieving revenue. Verity is a software-as-a-service (“SaaS”) business that achieved its goal of first customer revenue in 2024 and our grower program has grown to more than 200,000 acres, which is more than double the acreage in the program since the second quarter of 2024, with 100% farmer retention. Verity is a digital measure, report and verify (“MRV”) software platform for end-to-end traceability of the regenerative attributes of agricultural and low-carbon fuel products. This enables producers and customers to measure and track those attributes and create value in the marketplace, where demand for regenerative agriculture and fuels is increasing but visibility is lacking. Verity currently has agreements with seven agriculture processing plant customers, including five ethanol plants and two soybean processing facilities, to assist in tracking environmental attributes of corn, ethanol, animal feed, corn oil, soybean oil and renewable diesel. We believe Verity can provide substantial value to growers and processors of a wide variety of agricultural products globally, in markets valued at billions of dollars.
    • Ethanol to Olefins (“ETO”): We continue to advance our breakthrough, patented ETO technology. Our patented ETO process is designed to lower capital and operating costs of drop-in, bio-based hydrocarbon fuels and chemicals from ethanol, and adds to Gevo’s global portfolio of more than 300 patents, as well as proprietary processes and know-how concerning processes to convert carbohydrates to hydrocarbons. In October 2024, we signed a development agreement and licensed our ETO technology to Axens with the goal of accelerating the commercialization of our ETO technology for fuels. The alliance between Axens and Gevo was further broadened for ATJ commercialization in December 2024 under a new collaboration agreement. The goal of the alliance is to leverage the most advantaged technologies, which includes Axens Jetanol™ technology combined with Gevo’s plant designs, engineering, know-how, carbon tracking and complete business system. The alliance brings each partner’s complementary value propositions, real-world experience, substantially de-risked technologies, plant integrations, and pre-engineered systems to the ATJ space. We also extended a joint development agreement with LG Chem to accelerate the commercialization of bio-based chemicals using ETO. The global market for drop-in, low-carbon chemicals and materials is estimated to be $400 – 500 billion per year.

    Management Comment

    “Our strategic acquisition of Gevo North Dakota is transformative for our company,” commented Dr. Patrick Gruber, Gevo’s Chief Executive Officer. “The CCS and low-carbon ethanol provides us with an immediate pathway to monetize carbon abatement through the ethanol 45Z tax credit and by selling carbon abatement in the growing market and the available pore space provides additional opportunities for CCS expansion.”

    “In addition, our RNG business is poised for significant growth as we secure a permanent CARB LCFS carbon intensity score and monetize the biogas 45Z tax credit. Taken together, we see a path to achieving a potential run-rate positive Adjusted EBITDA in 2025, even before considering our ATJ-60 project. This is based on the hundreds of thousands of tons of carbon abatement per year that we are currently generating from this diversified, low-carbon asset base,” Dr. Gruber continued.

    Dr. Gruber added: “We are pleased that our DOE conditional commitment is progressing towards financial close. We are pleased to see that biofuels, ethanol, and aviation fuels are listed in President Trump’s Executive order “Declaring a National Energy Emergency”. Our ATJ-60 project, targeted for Lake Preston, South Dakota, is expected to create 100 direct jobs, and more than an estimated 700 indirect jobs. The project is expected to employ more than 1,000 construction workers for the three years needed to build the plant. It would draw corn from more than 230 farmers, and we would expect to pay farmers a premium for their regenerative agricultural practices.”

    “We never lose sight that we expect that Gevo’s proprietary, integrated ATJ process can deliver sustainable aviation fuel (“SAF”) with production cost similar to jet fuel made from crude oil,” Dr. Gruber said. “But our process can do this while also eliminating the carbon emission footprint across the whole life cycle of the fuel. It’s about addressing a growing market need, where customers will pay for carbon abatement, in addition to the jet fuel.”

    For more information on our business and plans, please refer to our updated corporate presentation, in the investor section of our website: www.gevo.com

    About Gevo

    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    Forward Looking Statements

    This release contains “forward-looking statements” within the meaning of the federal securities laws. All statements other than statements of historical fact are forward-looking statements, including statements related to the expected operation of Gevo North Dakota, the expected effect of the acquisition on Adjusted EBITDA, the expected annual Adjusted EBITDA from Gevo North Dakota, and the future prospects as a combined company, the expected CI score for our RNG project, the expected annual Adjusted EBITDA from the RNG project, the financing of the ATJ-60 Project, including the DOE conditional commitment, the expected economic impact of the ATJ-60 Project, the expected further spend on ATJ-60, the expected growth and economics of Verity, the technical advances of the ETO technology, the capabilities of Axens technologies, and the market for ETO technologies. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable. We claim the protection of The Private Securities Litigation Reform Act of 1995 for all forward-looking statements in this release.

    These forward-looking statements are identified by the use of terms and phrases such as “anticipate,” “assume,” “believe,” “estimate,” “expect,” “goal,” “intend,” “plan,” “potential,” “predict,” “project,” “target” and similar terms and phrases or future or conditional verbs such as “could,” “may,” “should,” “will,” and “would.” However, these words are not the exclusive means of identifying such statements. Although we believe that our plans, intentions and other expectations reflected in or suggested by such forward-looking statements are reasonable, we cannot assure you that we will achieve those plans, intentions or expectations. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

    Important factors that could cause actual results or events to differ materially from our expectations, or cautionary statements, include among others, the risk that anticipated benefits, including synergies, from the acquisition of Gevo North Dakota may not be fully realized or may take longer to realize than expected; changes in legislation or government regulations affecting the future operations of the acquired assets and Gevo’s other project; and other risk factors or uncertainties identified from time to time in Gevo’s filings with the U.S. Securities and Exchange Commission (“SEC”). All written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the cautionary statements identified above and in the section entitled “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2023 as well as other cautionary statements that are made from time to time in our other SEC filings and public communications. You should evaluate all forward-looking statements made in this release in the context of these risks and uncertainties.

    We caution you that the important factors referenced above may not reflect all of the factors that could cause actual results or events to differ from our expectations. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our operations in the way we expect. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

    Media Contact
    Heather Manuel
    VP of Stakeholder Engagement & Partnerships
    PR@gevo.com

    Investor Contact
    Eric Frey, PhD
    Vice President of Corporate Development
    IR@Gevo.com

    1   Adjusted EBITDA is a non-GAAP measure calculated by adding back depreciation and amortization, allocated intercompany expenses for shared service functions, and non-cash stock-based compensation to GAAP loss from operations, plus monetizable tax credits (if any) such as 45Q and 45Z.

    2   Includes $69.6 million of restricted cash.

    3   As reported in the SEC filings of the previous owner, Red Trail Energy, LLC, prior to Gevo’s acquisition of substantially all of its ethanol and CCS assets. Based on Fiscal Year ending September 30 under the previous owner.

    4   Formerly known as our NZ-1 Project.

    5   Based on a report by Charles River Associates, available on Gevo’s website.

    The MIL Network –

  • MIL-OSI: Changes in Inbank Articles of Association

    Source: GlobeNewswire (MIL-OSI)

    AS Inbank has proposed the following amendments to the Inbank Articles of Association for approval at the Annual General Meeting of Shareholders on 31 March 2025:

    6.3 The Supervisory Board has a right, within 3 (three) years as of the entry into force of the version of the articles of association, to increase the share capital by monetary contributions by EUR 76,000, i.e. to increase the share capital to the amount of EUR 1,227,966.30.

    7.9 The Bank may be represented in transactions and legal operations by two members of the Management Board jointly. A person acting in the name of the Bank may not represent the Bank in concluding transactions or holding legal disputes with a third person with regard to whom the person acting in the name of the Bank or a person with an economic interest equivalent to that of such person has personal economic interests.

    Additional information:
    Styv Solovjov
    AS Inbank
    Head of Investor Relations
    +372 5645 9738
    styv.solovjov@inbank.ee

    The MIL Network –

  • MIL-OSI: LIS Technologies Inc. Joins the Nuclear Energy Institute to Promote the Growth of Nuclear Energy in the United States and Globally

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, March 07, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has joined the Nuclear Energy Institute (NEI), a leading policy organization in support of the nuclear energy industry in the United States and abroad.

    “We are pleased to join the Nuclear Energy Institute and to support its network of industry voices,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “The network brings together some of the most essential industry members and regulators, helping to guide the nuclear energy industry in the United States and abroad. It is a great opportunity to share our knowledge with the organization in support of the development of a robust fuel supply chain that will be crucial to the sustainable development of an advanced nuclear energy industry in the U.S.”

    Figure 1 – LIS Technologies Inc. joins the Nuclear Energy Institute in support of its mission to promote the use and growth of nuclear energy.

    The Nuclear Energy Institute is the leading policy organization for the nuclear energy industry, representing hundreds of companies and organizations worldwide. NEI works with policymakers, industry stakeholders, and the public to advocate for the safe, reliable, and efficient use of nuclear technologies, supporting emissions-free electricity generation and driving innovation across the nuclear sector.

    “The Nuclear Energy Institute is one of the foremost professional networks for nuclear researchers, engineers and professionals,” said Christo Liebenberg, Chief Executive Officer of LIS Technologies Inc. “We are delighted to become a part of this extensive network and help supplement its expertise with our own experience in the nuclear fuel supply chain, and specifically in regards to uranium enrichment.”

    About the Nuclear Energy Institute.

    The Nuclear Energy Institute is the policy organization of the nuclear technologies industry, based in Washington, D.C. Founded in 1994, it features hundreds of members and, with their involvement, develops policy on key legislative and regulatory issues affecting the industry. With a mission to promote the use and growth of nuclear energy through efficient operations and effective policy, NEI is the unified voice of the nuclear energy industry on various policy and technical issues.

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In 2024, LIS Technologies Inc. (Laser Isotope Separation Technologies) was selected as one of six domestic companies by the U.S. Department of Energy (DOE) to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:

    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: NordVPN undergoes independent security assessment, reinforcing security and privacy commitment

    Source: GlobeNewswire (MIL-OSI)

    LONDON, March 07, 2025 (GLOBE NEWSWIRE) — NordVPN, a cybersecurity company, has once again demonstrated its dedication to security and transparency by completing independent evaluations of its applications, browser extension, and different features. The security assessments, conducted by the German cybersecurity firm Cure53 between June and August 2024, reinforced NordVPN’s strong security posture and commitment to protecting user privacy.

    “Security is at the core of everything we do at NordVPN. Independent assessments like this allow us to continuously refine our technology and stay ahead of emerging threats. The findings from Cure53 reinforced our strong security foundation, and our team swiftly implemented all necessary improvements to ensure the highest level of protection for our users,” says Marijus Briedis, CTO of NordVPN.

    Cure53’s assessment included penetration testing and a source code review of NordVPN’s desktop applications (Windows, macOS, and Linux), mobile apps (iOS and Android), browser extensions (Chrome, Edge, and Firefox), and key features such as Threat Protection Pro™, Threat Protection, and Meshnet.

    The findings confirmed that NordVPN employs well-established security-focused libraries that contribute to the overall strength of its system. The assessment also confirmed that NordVPN’s core VPN functionalities perform as intended, reinforcing the reliability of the service. As soon as Cure53 provided us with the recommendations, we immediately addressed the findings and strengthened the security of respective functions.

    “Our work towards improving security is never finished, and we will keep moving forward. The latest Cure53 assessment confirms that NordVPN apps are built on a strong foundation with no critical risks. We are proud of these results and will keep making NordVPN one of the most secure VPN services available to everyone,” says Marijus Briedis.

    In February, NordVPN also announced its fifth no-log policy assurance engagement. Deloitte, an industry-leading Big Four auditing firm, found that NordVPN’s customers are provided with a VPN service compliant with its no-logs policy.

    With these latest assurance assessments, NordVPN continues to lead the way in cybersecurity, ensuring that its users benefit from cutting-edge security measures and unwavering privacy protections.

    The full report on the findings is available via the user control panel on our website or by following the link below: https://sb.nordcdn.com/m/474e94942d7d224b/original/Pentest-Report_NordVPN_Apps_-Browser_Addons_Features-06-2024.pdf

    ABOUT NORDVPN

    NordVPN is the world’s most advanced VPN service provider, chosen by millions of internet users worldwide. The service offers features such as dedicated IP, Double VPN, and Onion Over VPN servers, which help to boost your online privacy with zero tracking. One of NordVPN’s key features is Threat Protection Pro™, a tool that blocks malicious websites, trackers, and ads and scans downloads for malware. The latest creation of Nord Security, NordVPN’s parent company, is Saily — a global eSIM service. NordVPN is known for being user friendly and can offer some of the best prices on the market. This VPN provider has over 7,300 servers covering 118 countries worldwide. For more information, visit https://nordvpn.com.

    More information: brigita@nordsec.com

    The MIL Network –

  • MIL-OSI: Stansberry Asset Management Marks 2-Year Anniversary of Tactical Select Portfolio

    Source: GlobeNewswire (MIL-OSI)

    WESTLAKE, Texas, March 07, 2025 (GLOBE NEWSWIRE) — Stansberry Asset Management (SAM), an independent, registered investment advisor, celebrates the two-year anniversary of the SAM Tactical Select portfolio, highlighting the strong performance and adaptability the strategy has delivered for clients in a rapidly changing market environment.

    Launched in 2023, Tactical Select distinguishes itself by integrating SAM’s fundamental, qualitative investment process with the precision of a proprietary blend of analytical tools. SAM then further refines the list of investable securities through comprehensive quantitative screening that includes tools from TradeSmith Finance™. This isn’t just about running numbers; it’s about validating high-conviction investment ideas through rigorous, data-driven analysis. Unlike traditional tactical strategies, Tactical Select requires every potential investment to first pass SAM’s rigorous fundamental analysis. Only SAM’s favorite fundamental ideas are eligible as a potential Tactical Select investment. SAM then further refines the list of investable securities through comprehensive quantitative screening. This dual-layered approach ensures a portfolio built on both deep qualitative insight and statistically validated opportunities.

    The portfolio is updated as new investment opportunities are identified, with each potential addition undergoing the same rigorous screening process. Existing positions are also closely monitored, both fundamentally and using a set of quantitative risk metrics to help identify when an investment may no longer meet the portfolio’s criteria. Positions are trimmed or removed as necessary to maintain alignment with the portfolio’s disciplined, opportunity-focused approach.

    The portfolio’s overall exposure — how fully invested or defensive it is at any given time — is also guided by both top-down macroeconomic analysis as well as ongoing quantitative assessment of broader market conditions, allowing for reduced exposure during periods of heightened risk and more full participation in favorable environments.

    “Tactical Select was designed to bring our clients an innovative solution. It starts with the deep research SAM is known for and is enhanced by the power of data-driven insights,” said Austin Root, Chief Investment Officer at Stansberry Asset Management. “The strategy’s strong performance over the past two years demonstrates the value of overlaying a disciplined quantitative process with our thoughtful, fundamental investment selection — helping us manage risk and capture opportunities in real time.”

    Since its inception, the Tactical Select portfolio has delivered strong performance for clients, achieving a net total return of 38.67% as of January 31, 2025. This represents outperformance of 14.65% compared to its S&P 500 Equal Weight benchmark. This track record highlights the value of incorporating quantitative insights with nimble, tactical decision-making to help clients pursue growth while proactively managing risk. For additional information on the calculation of performance, including important disclosures, please click HERE.

    As a firm focused on informed, active management, SAM remains committed to delivering innovative investment strategies that align with clients’ long-term financial goals. The Tactical Select portfolio highlights SAM’s ongoing efforts to expand our solutions, anticipate client needs, and deliver forward-thinking investment strategies.

    For more information about the Tactical Select portfolio and SAM’s broader suite of investment strategies, please visit our website at www.stansberryam.com.

    The MIL Network –

  • MIL-OSI: Plug-in Mesh Home Battery Debuts from Pila Energy at SXSW

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, March 07, 2025 (GLOBE NEWSWIRE) — SXSW 2025 — Power outages are happening more often, lasting longer, and leaving homeowners and renters vulnerable. Today at SXSW 2025, Pila Energy introduced the Pila Mesh Home Battery, the first plug-in, modular in-home battery that delivers intelligent, automatic backup power throughout the home.

    Pila’s smart backup battery automatically powers essential appliances and rooms during outages—no rewiring, no extension cords, just seamless, integrated backup power for homeowners and renters alike. Unlike gas generators, Pila Batteries are silent, maintenance-free, and work indoors. Pila’s smart mesh technology seamlessly connects multiple batteries throughout the home, coordinating them to store solar or utility power and optimize stored energy for outage protection, bill savings, and more.

    Starting at $999 for early access reservation holders, Pila is the most cost-effective home battery. Its modular design lets households expand backup power as needed, eliminating the high upfront costs of traditional systems. Early Access Reservations are now open at www.PilaEnergy.com. Visit Pila Energy at SXSW Expo booth #821 to learn more and see a demonstration.

    How Pila Works
    Pila batteries plug into standard wall outlets, making them the simplest home battery to install. Consumers place Pila batteries where power matters most—on top of the fridge to keep food safe, in the home office to stay connected, next to the home’s sump pump to prevent flooding, and beyond. Pila’s sleek, compact design was developed in collaboration with award-winning Bould Design to blend seamlessly into any space.

    Pila is designed to fit the needs and budget of any home. Start with one battery and expand backup power to more rooms as needed. As more batteries are added, Pila’s smart mesh system seamlessly synchronizes them to manage home power intelligently—just like a Wi-Fi mesh network optimizes home internet.

    Each Pila Mesh Home Battery stores 1.6–3.2 kWh of energy, enough to power a fridge, charge phones, and run laptops for up to 2–3 days during an outage. For longer backup, additional Pila batteries can be placed throughout the home, or the Pila Expansion Pack can double the backup time for a specific room or appliance. Pila can recharge daily during an outage when paired with a plug-in solar panel, providing effectively unlimited backup power.

    What Sets Pila Apart

    • First Home Battery Designed as a Flexible Mesh Network. Like Wi-Fi mesh systems that optimize home internet, Pila’s modular batteries work together in the background to optimize energy usage across your home.
    • Smart and Affordable Backup Power. Pila lets users add backup power where needed most—without the high upfront cost of traditional systems. With a standard 5-year warranty and 10-year battery lifetime, Pila delivers affordable, long-lasting backup power.
    • No Rewiring, Easy Expansion. Plug Pila into any standard wall outlet—no rewiring, no complicated setup. Need more power? Adding additional Pila batteries takes seconds. Moving? Just unplug them and bring them with you.
    • Smarter Over Time. The Pila App, available for iOS and Android, provides real-time insights into home energy use, 24/7 monitoring of critical appliances like the fridge, and power outage alerts from anywhere. Free over-the-air updates deliver new features and improvements over time.
    • Sleek, All-in-One Design. Pila combines a safe LFP battery system, controllable smart power outlets, high-power USB charging ports, and a customizable display—all in one compact, elegant form.

    Pila’s Mission: Affordable Energy Independence
    Growing up in New Orleans, Pila founder Cole Ashman saw firsthand how devastating power outages can be. When Hurricane Katrina hit, entire neighborhoods sat in darkness for days, resulting in thousands of ruined refrigerators piled up on curbs throughout the city—a stark symbol of the nation’s fragile power system.

    “I’ll never forget that devastation,” Ashman recalls. “Today, outages are even more frequent as our aging grid struggles to keep up with the increasing intensity of natural disasters. Pila aims to change that—to put smart, safe peace of mind within reach for every home and apartment.”

    As a former SPAN product leader and a Tesla Powerwall engineer, Ashman designed Pila to bring infrastructure-grade energy solutions to everyday homes. “We built Pila at a price point that won’t break the bank while ensuring it has the intelligence to integrate with home energy systems and the power grid.”

    Investor & Industry Backing
    Pila Energy has received early-stage funding from Refactor Capital, Climate Capital, Jetstream, Looking Glass, and R7 Partners.

    “At Refactor, we back companies improving efficiency and scale in their respective industries. Pila’s smart battery system represents the next generation of home energy control and resilience, poised to disrupt the market,” said Zal Bilimoria, Founding Partner at Refactor. “We are very impressed with Pila’s innovative vision and the speed at which they have realized the product. With increased natural disasters, our homes and most essential electrical infrastructure must become energy-independent and grid-supportive over the next decade.”

    Pre-Order Now – The Smartest, Most Affordable Home Battery
    Pila Mesh Home Batteries are now available for pre-order in the U.S. with a $99 reservation. Pre-orders are available now at www.PilaEnergy.com, with shipping expected by the end of the year. Learn more about Pila’s mission at www.PilaEnergy.com/mission.

    Note to reporters: Images available here and Video available here.

    About Pila Energy
    Pila Energy is creating the next generation of home batteries, making reliable backup power and smart energy management widely accessible to households. With a sleek plug-in design and networked intelligence, Pila batteries seamlessly integrate into any home and turn everyday appliances into smart power hubs. Pila’s mission is to empower homes with greater energy independence while strengthening the resilience of the grid. For more information, visit PilaEnergy.com.

    Media Contact:
    Kelly Communications
    Kathryn@kellycommunications.org

    The Crooks Group
    Julie@thecrooksgroup.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f1626fb5-0234-4d1a-b22b-a7df05d32e15

    The MIL Network –

  • MIL-OSI: ETH staking simplified: Simply Staking presents Ethereum staking dashboard

    Source: GlobeNewswire (MIL-OSI)

    VALLETTA, Malta, March 07, 2025 (GLOBE NEWSWIRE) — Simply Staking’s new Ethereum staking program makes ETH staking easier than ever. Users can stake without holding 32 ETH, thanks to a user-friendly dashboard, secure Tier 3 data centers, and seamless wallet integration – removing barriers for both beginners and experienced crypto holders.

    In the fast-paced blockchain world, running a validator or node is costly and complex – especially for ETH staking. Simply Staking’s dashboard tackles this challenge, making staking simple and accessible, helping decentralize Ethereum through broader participation from both new and experienced users.

    ETH staking as simple as it gets

    The trusted crypto staking provider Simply Staking manages nearly $1 billion in staked assets across networks like Polkadot and Cosmos. Known for reliable validator operations, it now brings that expertise to ETH staking, strengthening its commitment to a secure, inclusive blockchain ecosystem across multiple protocols.

    The new ETH Staking dashboard streamlines onboarding and ensures top security through advanced data centers. By joining the staking pool, you earn rewards while supporting Ethereum 2.0’s scalability. Simply Staking welcomes all users, regardless of holdings, encouraging broader participation and driving the ongoing growth of the crypto economy.

    Key highlights

    1. Effortless staking: Simply Staking lets you stake ETH in a few steps – no specialized software needed, making crypto staking accessible to everyone.
    2. No 32 ETH requirement: Traditional staking needs 32 ETH to validate. Pooled staking lets users combine funds, enabling smaller holders to stake Ethereum and earn rewards together.
    3. Competitive reward rate: Through StakeWise, participants enjoy attractive staking rewards, appealing to both large investors and everyday enthusiasts.
    4. Unmatched security: Simply Staking operates Tier 3 data centers with 99.9% uptime, ensuring nodes stay secure and always online.
    5. Seamless ETH staking with direct wallet integration: Connect your crypto wallet directly to the dashboard – no extra logins or exchanges needed, reducing security risks and simplifying staking.

    Why stake Ethereum with Simply Staking?

    Staking needs reliable infrastructure and trusted partners. Simply Staking ensures strong performance across blockchains, backed by advanced data centers for secure Ethereum staking.

    Simply Staking supports Ethereum 2.0’s consensus, helping secure and decentralize the network. With deep experience in large-scale crypto operations, we built a resilient system to balance workloads efficiently. Users enjoy reliable, high-performance staking across Ethereum, Polkadot, Cosmos, and more.

    How the ETH staking dashboard works

    1. Visit the Platform: Navigate to the staking Dashboard on stake.simplystaking.com/eth to begin. The site is user-friendly, with key functions clearly accessible.
    2. Connect Your Wallet: The dashboard seamlessly integrates with your preferred crypto wallet, removing the need for third-party websites or bridge services. You stay in control of your private keys throughout the process.
    3. Select Your Amount of ETH you want to stake: Since the platform no longer requires 32 ETH, you’re free to stake ethereum with the amount of ETH that meets your goals – whether it’s a modest portion of your holdings or a larger investment.
    4. Confirm and Stake ETH: A few clicks finalize your participation. You start to earn rewards at a competitive reward rate almost immediately, with real-time updates available on staked balances and yields.
    5. Start earning rewards and participate in staking Ethereum

    This five-step process ensures simplicity for newcomers while offering experienced stakers strong security and clear metrics – all in one place. Easily track your ETH holdings and see exactly how much is staked at any time.

    Supporting Ethereum’s growth

    Ethereum staking strengthens the network by validating transactions, enhancing scalability, and supporting decentralization. As the second-largest blockchain, Ethereum powers countless decentralized applications, making it essential to the broader crypto ecosystem and ensuring its long-term security and resilience.

    Historically, staking was often dominated by large holders or centralized platforms. Simply Staking changes this with a user-friendly, decentralized model. It offers easy onboarding while preserving asset custody, supporting Ethereum’s vision of an open, accessible network driven by diverse, active participants.

    Start staking ETH today

    Experience the future of ETH staking with Simply Staking. By removing historical barriers, delivering an appealing token reward rate, and prioritizing security through Tier 3 infrastructure, the company reimagines stake opportunities in the digital asset world.

    This user-first design positions Simply Staking at the cutting edge of staking innovation, where trust and ease of use are paramount. Every aspect of the platform – from the polished interface to robust security protocols – reflects a commitment to providing the best possible staking environment. Crucially, participants are no longer compelled to need 32 ETH to contribute to the network’s evolution, aligning with Ethereum’s wider push for accessibility.

    Ultimately, the platform’s mission is to ensure that anyone who wants to stake can do so securely, transparently, and profitably. As the ethereum 2.0 upgrade continues, more opportunities will arise for validators, and Simply Staking aims to remain an industry leader in facilitating these possibilities. For media inquiries or further details, visit stake.simplystaking.com/eth or simplystaking.com.

    From veteran traders to newcomers, the platform stands as a testament to how thoughtful infrastructure and user-focused design can redefine digital asset engagement. Its proven reliability, commitment to decentralization, and active role in multiple blockchains make Simply Staking an ideal staking service provider for anyone looking to stake eth, expand their crypto portfolio, or simply explore the evolving potential of Ethereum’s consensus mechanism.

    About Simply Staking:

    Simply Staking is a globally recognized leader in blockchain infrastructure provision and development, dedicated to the advancement and security of decentralized technologies. Founded in 2013 it focused on Proof of Work and Proof of Stake technologies. Over the years, it became one of the key contributors within the blockchain ecosystem since the genesis validator role in the Cosmos Hub in 2019. Their services span across validating, node operations, blockchain development, infra-monitoring tool creation, and data infrastructure management, catering to a wide array of networks and ecosystems.

    Contact:
    Lewis Clifford,
    Head Of Marketing
    marketing@simplystaking.com

    Disclaimer: This press release is provided by Simply Staking. 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.

    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 author mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fa9c99b7-e92f-465c-a167-995ee1528c4d

    The MIL Network –

  • MIL-OSI: Banking Virtual Investor Conference: Presentations Now Available for Online Viewing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Banking Virtual Investor Conference, held March 6th are now available for online viewing.

    REGISTER NOW AT: https://bit.ly/4iv2XnM

    The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

    Select companies are accepting 1×1 management meeting requests through March 11th

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    March 6th


    About Virtual Investor Conferences    ®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Media Contact:
    OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network –

  • MIL-OSI: NANO Nuclear Energy Appoints Leading Advanced Nuclear Reactor Engineer Florent Heidet, Ph.D. as its Chief Technology Officer and Head of Reactor Development

    Source: GlobeNewswire (MIL-OSI)

    Former Head of Engineering at Ultra Safe Nuclear Corp. brings firsthand knowledge of recently acquired advanced reactor technologies and extensive reactor building experience

    New York, N.Y., March 07, 2025 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced that Florent Heidet, Ph.D. has joined NANO Nuclear as its Chief Technology Officer and Head of Reactor Development.

    Dr. Heidet is a world-renowned expert on advanced nuclear reactor technologies, leveraging two decades of nuclear engineering and project management expertise. Dr. Heidet was previously the Head of Engineering at Ultra Safe Nuclear Corp. (USNC), where he led a multidisciplinary team of over 100 experts working around the globe to advance the development of the KRONOS MMRTMEnergy System and LOKI MMRTM technologies prior to their acquisition by NANO Nuclear earlier this year.

    Prior to his leadership role with USNC, Dr. Heidet spent 12 years at Argonne National Laboratory, where he played a central role in most of the laboratory’s reactor design projects. He led the design of the Versatile Test Reactor, a $2 billion program under the auspices of the U.S. Department of Energy, served as the Argonne manager for the Transformational Challenge Reactor program, coordinated the Nuclear Thermal Propulsion efforts in support of NASA, and provided expertise and leadership to numerous federal, commercial, and international projects.

    Dr. Heidet will be primarily responsible for advancing all of NANO Nuclear’s reactor projects and will have general oversight of all the Company’s various other technologies in development. His decades of experience and status as an innovator in the nuclear energy industry will be invaluable to NANO Nuclear as it seeks to position itself as a global leader in advanced nuclear energy solutions. He will report to both James Walker, NANO Nuclear’s Chief Executive Officer, and Jay Yu, NANO Nuclear’s Chairman and President. Mr. Walker is relinquishing the position of NANO Nuclear’s Head of Reactor Development to accommodate the hiring of Dr. Heidet.

    “I am very proud to join the NANO Nuclear team, and I plan to hit the ground running and play a leading role in the development of our innovative suite of nuclear reactor and related technologies,” said Dr. Florent Heidet, Chief Technology Officer and Head of Reactor Development of NANO Nuclear Energy. “The management and technical teams at NANO Nuclear have proven themselves to be innovators with the development of proprietary microreactor systems like ODIN and ZEUS, and it is a pleasure to continue my work on the KRONOS MMRTM and LOKI MMRTM systems alongside them. I’ve had the opportunity to examine the several microreactor technologies being developed in the marketplace, and I believe NANO Nuclear is the ideal home for the KRONOS MMRTM and LOKI MMRTM. I am dedicated to seeing the development of all of NANO Nuclear reactor designs, as well as its other innovative technologies, from testing, to regulatory approvals and through to commercialization.”

    Figure 1 – NANO Nuclear Energy Appoints Leading Advanced Nuclear Reactor Engineer Florent Heidet, Ph.D., as Chief Technology Officer (CTO) and Head of Reactor Development

    Dr. Heidet has a proven track-record of assembling highly effective teams and consistently delivering impactful outcomes. His organizational skills are widely acknowledged through several institutional awards. Dr. Heidet holds a Ph.D. and M.Sc. in Nuclear Engineering from the University of California, Berkeley, a M.Sc. in Mechanical Engineering from the ENSAM (Paris, France), and business program certificates from both Berkeley Haas School of Business and Chicago Booth School of Business. He has published numerous peer-reviewed technical papers and authored several chapters of the Encyclopedia of Nuclear Energy.

    “There are very few experts in the nuclear energy sector who can drive and build advanced reactor developments as effectively as Dr. Heidet,” said Jay Yu, Founder and Chairman of NANO Nuclear Energy. “His career has been dedicated to pursuing innovative reactor solutions that address growing energy demands here in the U.S. and around the world. His comprehensive industry knowledge and the technical expertise required to oversee the design and construction of these sophisticated reactors, as well as our other innovative technologies, will be crucial to NANO Nuclear and will help to solidify our position as a leader in the field.”

    “Dr. Heidet’s appointment at NANO Nuclear marks another milestone in our efforts to commercialize advanced, portable microreactor and related technologies,” said James Walker, Chief Executive Officer of NANO Nuclear Energy. “He has contributed to numerous innovative breakthroughs in the field and has overseen major development projects worth billions of dollars, including those with government funding. His exceptional experience and expertise in the nuclear industry will be instrumental in advancing our technology through development, licensing, and eventual commercialization.”

    About NANO Nuclear Energy, Inc.

    NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S.

    Led by a world-class nuclear engineering team, NANO Nuclear’s reactor products in development include “ZEUS”, a solid core battery reactor, and “ODIN”, a low-pressure coolant reactor, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. NANO Nuclear is also developing patented stationary KRONOS MMR™ Energy System and space focused, portable LOKI MMR™.

    Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America.

    HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear’s own microreactors as well as the broader advanced nuclear reactor industry.

    NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear’s developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS’ initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon’s surface.

    For more corporate information please visit: https://NanoNuclearEnergy.com/

    For further NANO Nuclear information, please contact:

    Email: IR@NANONuclearEnergy.com
    Business Tel: (212) 634-9206

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    NANO Nuclear Energy X PLATFORM

    Cautionary Note Regarding Forward Looking Statements

    This news release and statements of NANO Nuclear’s management in connection with this news release contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “potential”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. In this press release, forward-looking statements include those relating to the anticipated benefits to the Company of Heidet’s appointment as described herein. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy (“DOE”) or related state or non-U.S. nuclear fuel licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations or fund research (including SBIR applications and other government funding, which might not receive DOE approval), (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the U.S. Nuclear Regulatory Commission, including those associated with the recently enacted ADVANCE Act, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Jones Healthcare and Technology Innovation Conference Announces Dr. Charity Dean as Keynote Speaker

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES and NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — The highly anticipated Jones Healthcare and Technology Innovation Conference is pleased to announce Dr. Charity Dean, CEO, Founder, and Chairman of PHC Global, as a keynote speaker for the event. Dr. Dean will join Eric F. Trump, Executive Vice President of The Trump Organization, to headline the conference, which will take place April 8-9, 2025, at The Venetian Resort in Las Vegas, Nevada. This premier event will bring together leading healthcare and technology companies, institutional investors, and opinion leaders to explore the latest trends and innovations shaping both industries.

    Throughout the two-day conference, participants will engage in expert-led panels, corporate presentations, fireside chats, and one-on-one meetings covering advancements in healthcare and technology. Attendees will gain insights into how these rapidly evolving sectors are driving innovation and creating new opportunities.

    “Dr. Charity Dean’s expertise in biosecurity and public health aligns perfectly with the mission of this conference—to showcase innovative solutions that are transforming healthcare and technology,” said Alan Hill, CEO of Jones. “Combined with Eric Trump’s insights from the world of business, the conference will provide attendees with a well-rounded perspective on innovation, leadership, and the future of both industries.”

    Moe Cohen, Head of Investment Banking at Jones, added, “We are proud to host a conference that highlights the latest advancements in healthcare and technology and facilitates connections that drive progress. With keynote speakers of this caliber, attendees can expect thought-provoking discussions that inspire forward-thinking solutions.”

    In addition, Biotech TV and FINTECH.TV will be onsite conducting interviews with participating companies throughout the conference, providing exclusive media coverage and capturing insights from industry leaders.

    If you are interested in attending, please contact your Jones representative to inquire about an invitation.

    For more information about the conference, sponsorship opportunities, or to register, please email mdoyle@jonestrading.com.

    About Jones:

    JonesTrading Institutional Services, LLC (“Jones”) is a leading full-service investment banking firm providing a comprehensive suite of services, including capital markets, M&A, and strategic advisory to corporate clients. The firm is dedicated to building lasting partnerships by delivering innovative solutions, deep industry expertise, and tailored strategies that drive value and success. Founded in 1975, Jones has established itself as the global leader in block trading and a premier liquidity provider to institutional investors. The firm’s offerings also include derivatives trading, outsourced trading, electronic trading, prime services, private markets trading, and research/market intelligence. Member FINRA and SIPC.

    For more information, please visit www.jonestrading.com

    Human Resources
    HR@jonestrading.com

    The MIL Network –

  • MIL-OSI: Advantage Solutions names Dean General new Chief Operating Officer of Branded Services business segment

    Source: GlobeNewswire (MIL-OSI)

    ST. LOUIS, March 07, 2025 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV), a leading provider of business solutions to consumer goods manufacturers and retailers, today announced the appointment of Dean General as the new Chief Operating Officer of its Branded Services business unit effective March 24. General will join the company’s executive leadership team.

    General will replace Jack Pestello, who elected to leave Advantage effective May 1 to pursue new leadership opportunities in retail.

    General, a seasoned retail executive with more than 30 years of experience at consumer goods companies, will oversee the Advantage business unit that serves as a strategic extension of consumer-packaged goods companies’ sales and marketing teams, with services that include selling to retailers, retail merchandising and omnichannel marketing.

    In this role, Dean will lead Advantage’s efforts to leverage its expansive retail connectivity, leading technology and network scale to bring value-added services to clients — guiding how best to perform and pivot to enhance productivity, unlock cash and fuel growth.

    “We’re excited to welcome Dean to the team,” said Advantage Solutions CEO Dave Peacock. “Dean’s extraordinary track record driving organizational transformation has helped companies improve capabilities, enhance team and client relationships and drive profitability. I’m confident he will build on our strong foundation and bring new momentum for our Branded Services business at Advantage.”

    General joins Advantage from Henkel Consumer Brands where he spent nearly four years as general manager of retailer brands and senior vice president of commercial development, implementing strategies that drove profitable revenue and share growth.

    Prior to his time at Henkel, General served as Chief Commercial Officer at Treehouse Foods, where he led the private-brand manufacturer’s commercial transformation, driving profitable revenue and share growth. A dynamic driver of organizational transformation, General also held leadership positions at Newell Brands, The Kraft Heinz Co., Kraft Foods Group, Nabisco and General Mills.

    “I am honored and excited for the opportunity to join the Advantage team and build upon its history of extraordinary success helping CPG companies and retailers thrive,” General said. “Advantage is a trusted leader in the industry, and I know first-hand that our CPG clients need, trust and value our best-in-class performance and leading capabilities.”

    General earned a Bachelor of Science degree in business from Rider University and holds an Executive Scholar credential from Northwestern University’s Kellogg School of Business.

    Pestello, who joined Advantage in 2023, played an integral role in the company’s transformation journey, helping re-segment its business and simplify its operating model.

    “Jack has been a trusted partner in streamlining operations across our Branded Services segment amidst an increasingly competitive backdrop, and we wish him the best in his future endeavors,” Peacock said.

    About Advantage Solutions

    Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit YourADV.com.

    Investor Contact:
    Ruben Mella
    investorrelations@youradv.com

    Media Contact:
    Peter Frost
    press@youradv.com

    The MIL Network –

  • MIL-OSI: Netcapital to Host Planned Reg A Offering by Algernon NeuroScience

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, MA, March 07, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (NASDAQ: NCPL, NCPLW), a digital private capital markets ecosystem, today announced that its subsidiary, Netcapital Securities Inc. (“Netcapital Securities”), a FINRA-registered broker-dealer, has been engaged by Algernon NeuroScience Inc. (“Algernon NeuroScience”) for its planned Regulation A (Reg A) offering. Netcapital Securities plans to provide broker-dealer and administrative services, excluding underwriting and placement agent services, in connection with this offering.

    Algernon NeuroScience has filed a Form 1-A with the U.S. Securities and Exchange Commission (SEC), though the offering has not yet been qualified or declared effective by the SEC. Algernon intends to use proceeds from the offering to advance its R&D initiatives.

    “We are pleased that Algernon NeuroScience has selected Netcapital Securities as its broker-dealer to provide critical compliance and operational support for this offering,” said Martin Kay, CEO at Netcapital Inc.

    “We look forward to working with the team at Netcapital Securities as we advance through the SEC qualification process for our planned Reg A offering,” said Christopher J. Moreau, CEO of Algernon NeuroScience.

    The securities referenced in the planned Reg A offering may not be sold, nor may offers to buy be accepted, before the offering statement filed with the SEC is qualified. This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offers, solicitations, or sales of securities will be made only by means of an offering circular that meets the requirements of Regulation A.

    No money or other consideration is being solicited at this time, and if sent in response, it will not be accepted. There is no assurance that the SEC will qualify the offering or that Algernon NeuroScience will successfully raise capital. Investing in early-stage companies involves significant risks, and prospective investors should carefully review all offering materials and risk disclosures before making an investment decision. An investment in this private placement offering is speculative, illiquid, and involves a high degree of risk, including the potential loss of your entire investment.

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal, Inc., is registered with the SEC and is a member of the Financial Industry Regulatory Authority (“FINRA”), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    About Algernon NeuroScience Inc.

    Algernon NeuroScience is a wholly-owned private subsidiary of Algernon Pharmaceuticals and has been established to advance its psychedelic DMT program for stroke and traumatic brain injury (TBI).

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

    Forward-Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events, including, but not limited to, statements relating to closing of the offering and satisfaction of closing conditions of the offering, the expected gross proceeds from the offering and statements regarding the anticipated use of proceeds from the offering, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contact
    800-460-0815
    ir@netcapital.com

    The MIL Network –

  • MIL-OSI: THSYU Launches New Cryptocurrency Exchange in France with Advanced Security and High-Speed Trading

    Source: GlobeNewswire (MIL-OSI)

    DENVER, March 07, 2025 (GLOBE NEWSWIRE) — Thsyu CRYPTO GROUP LIMITED today announced the official launch of THSYU, a new cryptocurrency exchange in France that combines military-grade security features with high-performance trading capabilities. This strategic market entry responds to growing demand for secure, efficient crypto trading platforms in the European market.

    In the midst of a global cryptocurrency boom, the security and efficiency of trading platforms have become top concerns for investors. THSYU addresses these concerns by implementing cutting-edge technology and providing an unrivaled user experience specifically designed for French users.

    Ironclad Security: Protection for Digital Assets
    Recent years have seen crypto exchanges plagued by hacking scandals and asset thefts, shaking investor trust. THSYU counters this with military-grade encryption and a multi-layer cold storage system designed to keep hackers at bay. The platform also boasts a real-time AI monitoring system that flags and halts suspicious activity within milliseconds. A Paris-based early adopter noted, “I finally feel safe leaving significant funds on an exchange—THSYU lets me sleep soundly.” In a crypto world starved for trust, this security pledge is a significant advancement.

    Lightning-Fast Trades: Maximizing Profit Opportunities
    For crypto traders, timing is everything. THSYU’s trading engine can handle up to 1 million transactions per second—far surpassing industry norms. Whether Bitcoin is soaring or Ethereum is crashing, THSYU ensures orders execute instantly, leaving no profit window unclaimed. A French trader shared, “I snagged a new coin’s debut on THSYU—the speed was unreal.” This efficiency gives French investors an edge in the global crypto marketplace.

    Tailored for France: A Localized Crypto Experience
    THSYU isn’t just another generic global platform—it’s specifically focused on France. Beyond offering euro trading pairs and French-language support, the exchange is set to partner with local French banks for seamless fiat deposits and withdrawals. Even more striking, THSYU vows to comply with the EU’s strictest financial regulations, aiming to set a gold standard for legitimacy. For French investors wary of regulatory gray zones, this provides added confidence.

    As the global crypto market continues to evolve in 2025, France—despite its economic prowess—has shown potential for increased crypto adoption. THSYU’s arrival fills a market gap with its combination of security, speed, and localization. The platform is now open for registration at www.thsyu.com.

    Contact Information：
    Jessica Green
    Chief Operating Officer
    Thsyu CRYPTO GROUP LIMITED
    Address:1670 Broadway, Denver, CO 80202, US
    Email:jessica.green@thsyu.com
    Website: www.thsyu.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cd4d9eb7-b691-458a-a62c-280a53c44060

    The MIL Network –

  • MIL-OSI: Fold Adds 475 Bitcoin to Treasury, Securing Top 10 Position Among U.S. Public Bitcoin Treasuries

    Source: GlobeNewswire (MIL-OSI)

    PHOENIX, March 07, 2025 (GLOBE NEWSWIRE) — Fold Holdings, Inc. (NASDAQ: FLD) (“Fold”), the first publicly traded bitcoin financial services company, today announced the addition of 475 bitcoin to its treasury. The addition marks a nearly 50% increase in Fold’s bitcoin holdings, which now stands at over 1,485 BTC. Fold acquired the additional bitcoin in exchange for the issuance of a convertible note with a conversion price of $12.50 per share (an over 100% premium to FLD’s closing price on March 5, 2025). This latest bitcoin acquisition solidifies Fold’s position among the top ten U.S. public companies with the largest bitcoin treasuries, reinforcing its strategy to align with the future of a bitcoin-native financial system.

    “We believe Bitcoin will play a key role in the foundation of a new financial era, and Fold will help lead the way,” said Will Reeves, Chief Executive Officer of Fold. “As the first publicly traded bitcoin financial services company, we believe maintaining a significant bitcoin treasury not only drives value for our shareholders, but more importantly, strengthens our ability to power the next generation of financial services built on bitcoin.”

    Mr. Reeves continued, “Fold’s bitcoin treasury serves a dual purpose: providing value to investors seeking bitcoin exposure, while acting as a corporate strategic reserve to support our growing suite of bitcoin-native financial products. We remain committed to building a bridge between traditional finance and the bitcoin economy and ensuring our users benefit from bitcoin’s long-term appreciation and utility.”

    With the growing global recognition of bitcoin, Fold continues on its mission to establish itself as a go-to provider of bitcoin-powered financial services. As the financial landscape shifts, nations – including the U.S. – are adopting bitcoin as a strategic reserve asset and integrating bitcoin into their monetary frameworks. Fold is positioning itself to play a key role in this transformation.

    For more information about Fold and its bitcoin rewards offerings, visit https://foldapp.com/

    About Fold

    Fold (NASDAQ: FLD) is the first publicly traded bitcoin financial services company, making it easy for individuals and businesses to earn, save, and use bitcoin. With over 1,485 BTC in its treasury, Fold is at the forefront of integrating bitcoin into everyday financial experiences. Through innovative products like the Fold App and Fold Card, the company is building the bridge between traditional finance and the bitcoin-powered future.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements” within the meaning of the federal securities laws with respect to the anticipated benefits of the business combination. Forward-looking statements may be identified by the use of words such as “may,” “could,” “would,” “should,” “predict,” “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include the potential benefits of the new convertible note, Fold’s treasury strategy and the potential success of Fold’s market and growth strategies. These statements are based on assumptions and on the current expectations of Fold’s management and are not predictions of actual performance. Many actual events and circumstances are beyond the control of Fold. These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the failure to realize the anticipated benefits of the business combination; (iii) the effect of the consummation of the business combination on Fold’s business relationships, performance, and business generally; (iv) the ability to implement business plans and other expectations after the completion of the business combination, and identify and realize additional opportunities; (v) the risk of downturns, new entrants and a changing regulatory landscape in the highly competitive industry in which Fold operates; and (vi) those factors discussed in Fold’s filings with the Securities and Exchange Commission. If any of these risks materialize or Fold’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. While Fold may elect to update these forward-looking statements at some point in the future, each specifically disclaims any obligation to do so, except as required by law.

    For investor and media inquiries, please contact:

    Orange Group
    Samir Jain, CFA
    FoldIR@orangegroupadvisors.com

    The MIL Network –

  • MIL-OSI: LIS Technologies Inc. (“LIST”) Awarded AFWERX SBIR Phase I – Updated

    Source: GlobeNewswire (MIL-OSI)

    LIST wins contract to conduct feasibility study on enriching uranium to empower Department of the Air Force’s global operations 

    Oak Ridge, Tennessee, March 07, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST”) announces it has been selected by AFWERX for a SBIR Phase I contract focused on enhancing our Condensation Repression Isotope Selective Laser Activation (C.R.I.S.L.A) technology to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution. The DAF began offering the Open Topic SBIR/STTR program in 2018 which expanded the range of innovations the DAF funded and now as of January 15th, 2025, LIST will start its journey to create and provide innovative capabilities that will strengthen the national defense of the United States of America.

    Quote From Company Leadership

    “LIS Technologies is proud to support the Air Force with transformative solutions that enhance Uranium supply chain resilience and maintain America’s technological and strategic superiority.” – Chairman, Jay Yu.

    “This AFWERX Phase I award validates LIS Technologies’ CRISLA innovation as a critical tool for strengthening the U.S. industrial base and advancing national security through cutting-edge isotope separation technology to secure America’s Uranium supply chain.” -C.E.O., Christo Liebenberg.

    “The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of Defense, or the U.S. government.”

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    About AFRL

    The Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 12,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit afresearchlab.com.

    About AFWERX

    As the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. AFWERX employs approximately 370 military, civilian and contractor personnel at five hubs and sites executing an annual $1.4 billion budget. Since 2019, AFWERX has executed over 6,200 new contracts worth more than $4.7 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability. For more information, visit afwerx.com.

    Company Press Contact:
    For more information please visit: LaserIsTech.com
    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    The MIL Network –

  • MIL-OSI: GraniteShares 2x Long MARA Daily ETF (MRAL) and GraniteShares 2x Long MRVL Daily ETF (MVLL) Launch Today

    Source: GlobeNewswire (MIL-OSI)

    New York, New York, March 07, 2025 (GLOBE NEWSWIRE) — GraniteShares, a leading provider of high-conviction exchange-traded funds (ETFs), is excited to announce the launch of two new leveraged ETFs: GraniteShares 2x Long MARA Daily ETF (MRAL) and GraniteShares 2x Long MRVL Daily ETF (MVLL). These funds, set to debut today, offer investors a way to express bullish views on MARA Holdings (NASDAQ: MARA) and Marvell Technology. (NASDAQ: MRVL) with amplified exposure.

    GraniteShares specializes in providing ETFs designed for sophisticated investors looking to capitalize on high-conviction opportunities. The new leveraged ETFs will seek daily investment results, before fees and expenses, of 200% of the daily performance of MARA and MRVL, respectively.

    Why Investors Look to MARA and Marvell Technology

    High-Conviction Trading with Leveraged ETFs

    MRAL and MVLL are designed for traders who seek to take advantage of short-term movements in MARA and MRVL with magnified exposure. These ETFs provide an efficient way to capitalize on momentum in two of the most followed stocks in their respective industries. By offering 2x daily leveraged exposure, the funds enable sophisticated investors to implement tactical trades based on market trends, earnings announcements, or macroeconomic events.

    “GraniteShares continues to build on its mission of providing high-conviction investment opportunities,” said Will Rhind, Founder of GraniteShares. “With MRAL and MVLL, investors now have leveraged access to two of the most exciting stocks in the market today—one in the rapidly evolving digital asset space and the other in cutting-edge semiconductor technology.”

    These new ETFs join the growing suite of GraniteShares leveraged single-stock ETFs, which provide traders with targeted exposure to some of the most actively traded names in the market.

    About GraniteShares

    GraniteShares is a global investment firm dedicated to creating and managing innovative ETFs. Headquartered in New York City, GraniteShares is a market leader in leveraged single-stock ETFs, offering products on major U.S., U.K., German, French, and Italian stock exchanges. With a focus on high-conviction investing, the company continues to push the boundaries of ETF innovation to meet the needs of today’s traders and investors.

    For more information about GraniteShares 2x Long MARA Daily ETF (MRAL) and GraniteShares 2x Long MRVL Daily ETF (MVLL), please visit:
    https://graniteshares.com/institutional/us/en-us/

    Media Contact:
    GraniteShares Inc.
    Attn: Media Relations
    222 Broadway, 21st Floor
    New York, NY 10038
    844-476-8747
    info@graniteshares.com

    Disclaimer:

    This material must be preceded or accompanied by a Prospectus. Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. Please read the prospectus before investing.

    Leveraged ETFs seek daily investment results that correspond to a multiple of the performance of an underlying index or security. Due to the compounding of daily returns, holding periods of greater than one day can result in performance that differs from the stated multiple. These ETFs are intended for sophisticated investors who understand the risks associated with leverage and seek short-term tactical trading strategies.

    Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur costs that detract significantly from investment returns.

    An investment in the Fund involves risk, including the possible loss of principal. The use of derivatives such as option contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Additional risks include Risk of the Underlying Stock, Derivatives Risk, Leverage Risk, Price Participation Risk, and Market Volatility Risk. These and other risks can be found in the prospectus.

    This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.

    The MIL Network –

  • MIL-OSI: Novacap Announces Successful Exit from Smyth Companies, LLC

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, March 07, 2025 (GLOBE NEWSWIRE) — Novacap, a leading North American private equity firm, is pleased to announce the successful exit of its investment in Smyth Companies, LLC (“Smyth”), a premier provider of innovative and sustainable labeling solutions for consumer products. Smyth has been acquired by Crestview, a private equity firm focused on the middle market, further positioning the company for continued success and growth. This marks a significant milestone for Novacap and reinforces its commitment to fostering growth and operational excellence within its portfolio companies.

    Since Novacap’s initial investment, Smyth has expanded its market position as a trusted partner to leading global consumer packaged goods (CPG) brands. Under Novacap’s ownership, the company has implemented key strategic initiatives, invested in state-of-the-art equipment, and successfully implemented its “One Smyth” operational philosophy. These efforts have positioned Smyth as a national leader in prime label solutions, with a well-invested manufacturing footprint and a diversified customer base.

    “Our partnership with Smyth exemplifies Novacap’s ability to drive long-term value creation through operational improvements and strategic initiatives,” said Domenic Mancini, Senior Partner at Novacap. “We are incredibly proud of the progress achieved by the Smyth team and confident that the company is well-positioned for continued success in the evolving labeling and packaging industry.”

    “Novacap’s strategic guidance and investment have been instrumental in accelerating our growth and enhancing our ability to serve our customers with cutting-edge labeling solutions,” said Scott Fisher, President of Smyth Companies. “We are grateful for their support and look forward to continuing our journey as an industry leader.”

    The successful exit of Smyth underscores Novacap’s expertise in identifying and nurturing companies within the industrial and packaging sectors, leveraging sector knowledge to drive sustainable and scalable growth.

    Baird served as financial advisor while Blake, Cassels & Graydon LLP and Fox Rothschild LLP provided legal counsel to Novacap. Evercore served as financial advisor while Gibson, Dunn & Crutcher LLP provided legal counsel to Crestview Partners.

    About Novacap

    Novacap is a leading North American private equity investor and one of Canada’s most experienced private equity firms. Founded in 1981 to partner with visionary entrepreneurs, Novacap focuses on middle market companies in four core sectors: Technologies, Industries, Financial Services, and Digital Infrastructure. Novacap combines deep sector-specific expertise with strategic and operational excellence to support entrepreneurs and management teams. Since its inception, the firm has made primary and add-on investments in more than 250 companies. With over C$11 billion in assets under management and a presence across offices in Montreal, Toronto, and New York, Novacap continues to drive innovation and growth. For more information, please visit: https://novacap.ca.

    About Smyth Companies, LLC

    Established in 1877, Smyth Companies, LLC (Smyth) is a leading provider of high-impact label decoration for consumer goods products. From neighborhood businesses to Fortune 500 companies, Smyth’s trusted Labels Without Limits®, Dow Beauty, and PurePack® brands provide quality, innovative packaging solutions to brand owners in the beauty, health, personal care, household, food, automotive, private label, and beverage markets. Using a broad range of print technologies from traditional roll- and sheet-fed to digital and expanded gamut printing, Smyth’s products include pressure sensitive, cut and stack, and in-mold labels; shrink sleeves; flexible packaging, including pouches and rollstock; and promotional; as well as fulfillment services, and equipment application and support. Headquartered in St. Paul, Minnesota, Smyth has eight production facilities in North America, employing more than 550 associates. For more information on Smyth please visit www.smythco.com.

    Media inquiries:
    Renata Kappaun
    Senior advisor, communications
    rkappaun@novacap.ca
    +1 514-234-4152

    The MIL Network –

  • MIL-OSI: Ändring av underliggande

    Source: GlobeNewswire (MIL-OSI)

    Ändring av underliggande

    Med anledning av Millicom International Cellulars kommande avnotering från Nasdaq Stockholm kommer Nordea den 17 mars 2025 ändra den underliggande tillgången för de certifikat som anges i [Bilaga A] till Millicom International Cellular, som är noterad på Nasdaq Global Select i USA. Som en följd av att den nya underliggande tillgången är noterad i USA kommer handelstiderna ändras från 09.00-17.25 till 15.30-21.55 och Nordea gör följande övriga ändringar i de slutliga villkoren för de berörda certifikaten:

    Fält Ändras från Ändras till
    Valuation Time 17.30 CET 22.00 CET
    Underlying Asset ISIN SE0001174970 LU0038705702
    Reference Price and Currency SEK USD
    Reference Source NASDAQ NASDAQ Global Select
    Base Rate STIBOR SOFR
    Relevant Screen Page STISEKTNDFI= SOFRRATE Index
    Translation Rate Not Applicable Applicable
    Cross Rate Not Applicable Applicable
    Crossing Currency Exchange Rate Not Applicable EUR
    Exchange Rate Reference Source Not Applicable Bloomberg
    Exchange Rate Reference Time Not Applicable 18.00 CET

    De berörda certifikaten har utfärdats enligt Nordea Bank Abp:s grundprospekt daterade den 18 December 2019,16 December 2022 respektive 15 december 2023. Ändringarna görs med stöd av Nordeas rätt enligt grundprospekten att ändra de slutliga villkoren vid extraordinära händelser, såsom en avnotering.

    Valutakonvertering kommer ske med valutakurs från 18.00 den 17 mars 2025.

    Attachment

    The MIL Network –

  • MIL-OSI: NordStellar launches AI-driven cybersquatting detection to protect brands from fraud and impersonation

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) — Cybercriminals use domain squatting techniques for abusive activities like phishing, malware distribution, or hosting fraudulent content, which can result in significant reputational damage for the brand and monetary losses for its customers. NordStellar, a next-generation threat exposure management platform, introduces its new AI-driven cybersquatting detection feature to safeguard enterprises by identifying and notifying businesses about cybersquatting incidents, providing actionable insights to help stop cybercriminals in their tracks.

    “NordStellar’s cybersquatting feature automatically detects old and newly registered domains that closely resemble other brands. We take it a step further with an AI-powered solution that analyzes intent, assesses risk levels, and recommends next steps — reducing response time and helping prevent attacks before they escalate,” says Vakaris Noreika, head of product at NordStellar.

    Domain squatting, also known as cybersquatting, involves registering, trafficking, or using a domain name to profit from a trademark belonging to someone else. Over the past year, companies like DeepSeek and Temu were heavily targeted by cybersquatting. However, they’re not alone — the World Intellectual Property Organization (WIPO) named 2024 the second busiest year since 1999 regarding domain name disputes, registering 6,168 cases. According to WIPO, cybersquatting is one of the leading reasons for the growing number of cases.

    Cybercriminals use various domain manipulation techniques to register domain names similar to the original ones. Some of the most popular methods include typosquatting, which exploits common misspellings (such as nordstelar.com instead of nordstellar.com), addition, which adds characters to a legitimate domain name (like nordstellarr.com), and replacement, which replaces characters (like nordsterall.com). Besides the 16 different domain name manipulation techniques that NordStellars’ cybersquatting detection feature tracks, hackers also exploit expired domains, hijacking and repurposing them for malicious activities.

    NordStellar’s cybersquatting protection feature stands out by providing its clients with comprehensive monitoring that checks newly registered domains and tracks the expiration dates and changes to existing domains. The feature is equipped with advanced algorithms for accurate identification beyond basic string comparison.

    “Enabling proactive monitoring and mitigating domain-based threats improves businesses’ security posture as well as reduces the risk of their customers falling victim to phishing attacks or malware infections,” says Noreika. “Additionally, the new cybersquatting feature seamlessly integrates with other existing security information and event management (SIEM) and security workflows, enhancing the efficiency of analysis and response.”

    How it works:

    • Continuously monitors for domain registrations and changes.
    • Analyzes detected risks and assesses their severity using similarity algorithms, threat intelligence feeds, and information from the internet record listing WHOIS to determine risk.
    • Implements AI-powered analysis to examine detected threats further, providing detailed information, including specific threat types, confidence and severity levels, supporting evidence, and recommended remediation actions — investigating the domain further, initiating a takedown request with the registrar, or blocking the domain at the network level.
    • Provides real-time alerts and notifications via email, Slack, and in-platform notifications based on configurable criteria, such as event type and risk level.
    • Offers detailed investigation of each suspicious domain, including screenshots, redirect chains, WHOIS information, and similarity metrics.
    • Allows security teams to resolve and track the status of the identified threats.

    The cybersquatting feature is now available to all NordStellar users. More information here.

    ABOUT NORDSTELLAR

    NordStellar is a next-generation threat exposure management platform that enables companies to detect and respond to cyber threats before they escalate. NordStellar offers visibility into how threat actors work and what they do with compromised data. NordStellar was created by Nord Security, a globally recognized company behind one of the world’s most popular digital privacy tools, NordVPN. For more information, visit nordstellar.com.

    Contact
    inga@nordsec.com

    The MIL Network –

  • MIL-OSI: Orion Funded Launches Orion V2 with New Funding Models, Trader Dashboard, and AI-Powered Tools

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, March 07, 2025 (GLOBE NEWSWIRE) — Orion Funded has announced the launch of Orion V2, an update to its proprietary trading program that introduces new funding models, an enhanced trader dashboard, and AI-powered trading tools.

    The Orion V2 update introduces a revised funding model in which traders pay a portion of the challenge fee at the start of their evaluation and complete the remaining payment upon successful funding. Previously, traders were required to pay the full amount upfront. This adjustment restructures the cost framework for evaluation and funding.

    Orion Funded was recognized with the Best Challenge Prop Firm Award by Funded Trading, an industry-ranking platform. The award highlights firms that offer evaluation structures designed to align with trader interests. The award details can be found at FundedTrading.com.

    “Orion V2 is the evolution of our commitment to transparency, and trader success. While most firms follow the same outdated models, we are here to truly change the space, revolutionizing the funding process, reducing conflicts of interest, and giving traders the best opportunity to succeed with the most innovative model in the industry,” said David Viota, CEO of Orion Funded.

    Key Updates in Orion V2

    • Updated Challenge Funding Model – Traders now have the option to pay a portion of the evaluation fee upfront, completing payment upon funding.
    • Customizable Evaluation Options – New add-ons allow traders to adjust evaluation structures.
    • Redesigned Trader Dashboard – A new interface providing real-time performance tracking and data analysis.
    • WebTrader Integration – Traders can now access Orion Funded’s platform directly through a web-based trading terminal.
    • AI-Powered Trading Tools – New analytics and risk management features supported by artificial intelligence.
    • Orion University – A structured education platform with expanded learning resources.

    Institutional Trading Pathway

    Orion Funded continues to offer selected traders the opportunity to engage with Zenith Global, a trading firm managing its own capital, through the Pro & Ultimate Program. This initiative provides a structured pathway for traders who meet specific criteria to transition from proprietary trading to institutional trading roles.

    “We believe in creating real career opportunities for traders. The best-performing traders should have a pathway to professional, institutional-level trading, and that’s exactly what we’re offering,” said David Viota, CEO of Orion Funded.

    Expansion in the Spanish-Speaking Trading Community

    Orion Funded has also expanded its presence within the Spanish-speaking trading community, offering live mentorship, educational content, and a dedicated community platform. Additionally, Orion Room, the #1 trading podcast in Spanish, continues to provide traders with insights, interviews, and expert discussions.

    Orion V2 is now available for traders worldwide. Further details can be found at orionfunded.com.

    About Orion Funded

    Orion Funded is a proprietary trading firm that provides traders with access to capital through one-phase, two-phase, and instant funding models. The firm offers a range of funding options, trading analytics, and educational resources designed to support trader development.

    Contact
    Chief Executive Officer
    David Viota
    Orion Funded
    david@orionfunded.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b764c18f-174e-4194-8e87-d32dc4d9a6d6

    The MIL Network –

  • MIL-OSI: Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 06 03 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 LEARNING TECHNOLOGIES GROUP PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 06 MARCH 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 0.375p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 8,925,762 1.1263    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 8,925,762 1.1263    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    0.375p ORDINARY SALE 27,410 99.3p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 07 MARCH 2025
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Lithium Carbonate Futures Now Live for Trading on Abaxx Exchange

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 07, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that its three regional, physically-deliverable Lithium Carbonate futures contracts are now live for trading.

    The energy transition is driving demand for battery metals to unprecedented levels, while countries race to secure critical supply chains — yet commodity futures markets have not kept pace with these new realities. Globally, lithium carbonate demand is projected to grow by 16% per year through 2030, according to the IEA¹, reinforcing the need for transparent price benchmarks and effective risk management tools. Abaxx’s Lithium Carbonate futures establish the first USD-denominated, physically-deliverable benchmark for lithium carbonate outside of China, offering transparent price discovery, precise hedging, and supply chain optimization in a market shaped by geopolitical shifts and evolving trade flows.

    Each regional contract is US dollar-denominated, physically deliverable DAP (Delivered at Place, as defined by Incoterms 2020), representing 1 tonne of lithium carbonate, with delivery locations at ports in Singapore, Rotterdam, and Baltimore.

    “Lithium carbonate sits at a critical point in the supply chain — between spodumene and hydroxide — where a benchmark price is most needed,” said Sacha Lifschitz, Head of Battery Materials at Abaxx Exchange. “By introducing a physically-deliverable contract with a direct delivery mechanism, we’re ensuring alignment with real-world trade flows. With contracts for lithium carbonate deliverable in Singapore, Rotterdam, and Baltimore, market participants now have access to pricing that reflects the market conditions specific to each region, creating a more transparent and effective pricing tool for the industry.”

    Abaxx’s suite of futures contracts for energy, environmental markets and battery metals is open for trading 14 hours a day, Monday through Friday. Visit abaxx.exchange/resources-clearing-members-brokers for a full list of clearing firms and execution brokers.

    About Abaxx Technologies
    Abaxx is building Smarter Markets — markets empowered by better financial technology and market infrastructure to address our biggest challenges, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is an indirect majority-owner of subsidiaries Abaxx Exchange and Abaxx Clearing, recognized by MAS as a “recognised market operator” (RMO) and “approved clearing house” (ACH), respectively.

    Abaxx Exchange and Abaxx Clearing are a Singapore-based commodity futures exchange and clearinghouse, introducing centrally cleared, physically deliverable commodities futures and derivatives to provide better price discovery and risk management tools for the commodities critical to our transition to a lower-carbon economy.

    For more information please visit abaxx.tech, abaxx.exchange and smartermarkets.media.

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: +1 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 246 271 0082
    E-mail: ir@abaxx.tech

    ¹ International Energy Agency (IEA), Critical Minerals Data Explorer, Stated Policies Scenario. Available at: https://www.iea.org/data-and-statistics/data-tools/critical-minerals-data-explorer.

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx’s future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “seeking”, “should”, “intend”, “predict”, “potential”, “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “continue”, “plan” or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information.

    Forward-looking information related to Abaxx in this press release includes, but is not limited to: Abaxx’s objectives, goals or future plans, benefits of the introduction of its Lithium Carbonate contracts; introduction of new battery materials products; the delivery of commodities subject to futures contracts; expectations related to the global energy transition; and positive impacts from the growth of global battery metal demand. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions, protection of intellectual property rights, contractual risk, third-party risk; clearinghouse risk, malicious actor risks, third- party software license risk, system failure risk, risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI: Advantage Solutions Reports Fourth Quarter and 2024 Results: Transformation Initiatives Continue to Strengthen the Company

    Source: GlobeNewswire (MIL-OSI)

    Delivered Adjusted EBITDA growth through strong execution and cost discipline

    Continued progress on the transformation to enhance capabilities and increase operating efficiencies

    Management expects growth in Revenues and Adjusted EBITDA in 2025

    ST. LOUIS, March 07, 2025 (GLOBE NEWSWIRE) — Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer goods manufacturers and retailers, today reported financial results for the three and 12 months ended Dec. 31, 2024.

    Unless otherwise noted, results presented in this release are from continuing operations, and comparisons are on a prior year basis. Revenues for the three months were $892.3 million compared with $991.9 million, and net loss was $177.9 million compared to a net loss of $2.7 million. Revenues for the full year were $3,566.3 million compared with $3,900.1 million, and net loss was $378.4 million compared to a net loss of $81.2 million.

    Q4 and 2024 Full Year Financial Highlights

    • Organic revenues(1) in Q4 declined 2.4% and increased 1% for the full year. Adjusted EBITDA increased 8.9% to $94.6 million in Q4 and 1.1% to $356.0 million for the full year compared to the prior year.  
    • Achieved healthy profit performance in 2024 across Experiential Services and Retailer Services, while right-sizing Branded Services to adjust to the demand environment.  
    • The Company remains focused on disciplined capital allocation with 2024 voluntary debt repurchases and share buybacks of approximately $158 million and $34 million, respectively.
    “In 2024, we made solid progress against our ongoing transformation and took operational actions to remain resilient in a dynamic market,” said Advantage CEO Dave Peacock. “We believe we are in a better position today to navigate market uncertainties as we execute on key initiatives designed to increase our operating efficiencies and capabilities, bringing greater speed, precision and insight to our clients, while positioning the company to accelerate growth in the coming years.”

     

       
      Consolidated Financial Summary from Continuing Operations
      (amounts in thousands) Three Months Ended December 31,   Change (Reported)   Organic(1)  
        2024   2023   $   %   %  
      Total Revenues $ 892,285     $ 991,948     $ (99,663 )   (10.0%)   (2.4%)  
      Total Net Loss $ (177,935 )   $ (2,663 )   $ (175,272 )   NMF      
      Total Adjusted EBITDA $ 94,555     $ 86,825     $ 7,730     8.9%      
      Adjusted EBITDA Margin   10.6 %     8.8 %                
                                 
          Year Ended December 31,   Change (Reported)   Organic(1)  
        2024   2023   $   %   %  
      Total Revenues $ 3,566,324     $ 3,900,125     $ (333,801 )   (8.6%)   1.0%  
      Total Net Loss $ (378,404 )   $ (81,211 )   $ (297,193 )   NMF      
      Total Adjusted EBITDA $ 356,014     $ 352,248     $ 3,766     1.1%      
      Adjusted EBITDA Margin   10.0 %     9.0 %                
       

    The complete earnings release can be found here.

    Media Contact: Peter Frost | press@youradv.com
    Investor Contact: Ruben Mella | investorrelations@youradv.com 

    (1)  Excludes ~$76 million and ~$374 million in 4Q’23 and  2023, respectively, related to the deconsolidation of the European JV, which occurred in 4Q’23.
    NMF = Not Meaningful

    Conference Call Details
    Date/Time  Mar. 7, 2025, 8:30 am EST
    Dial-in
    (10 minutes before the call)    		 800-225-9448 within the United States or +1-203-518-9708 outside the United States
    Dial-in Code: ADVQ4
    Webcast Available at: ADV 4Q and 2024 FY Earnings Webcast
    Replay 844-512-2921 within the United States or +1-412-317-6671 outside the United States
    Replay ID: 11158219
       

    About Advantage Solutions

    Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit YourADV.com.

    Included with this press release are the Company’s consolidated and condensed financial statements as of and for the three months and year ended December 31, 2024. These financial statements should be read in conjunction with the information contained in the Company’s Annual Report on Form 10-K, to be filed with the Securities and Exchange Commission (the “SEC”) on March 7, 2025.

    Forward-Looking Statements

    Certain statements in this press release may be considered forward-looking statements within the meaning of the federal securities laws, including statements regarding the expected future performance of Advantage’s business and projected financial results. Forward-looking statements generally relate to future events or Advantage’s future financial or operating performance. These forward-looking statements generally are identified by the words “may”, “should”, “expect”, “intend”, “will”, “would”, “could”, “estimate”, “anticipate”, “believe”, “predict”, “confident”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Advantage and its management at the time of such statements, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, market-driven wage changes or changes to labor laws or wage or job classification regulations, including minimum wage; future potential pandemics or health epidemics; Advantage’s ability to continue to generate significant operating cash flow; client procurement strategies and consolidation of Advantage’s clients’ industries creating pressure on the nature and pricing of its services; consumer goods manufacturers and retailers reviewing and changing their sales, retail, marketing and technology programs and relationships; Advantage’s ability to successfully develop and maintain relevant omni-channel services for our clients in an evolving industry and to otherwise adapt to significant technological change; Advantage’s ability to maintain proper and effective internal control over financial reporting in the future; Advantage’s substantial indebtedness and our ability to refinance at favorable rates; and other risks and uncertainties set forth in the section titled “Risk Factors” in the Annual Report on Form 10-K to be filed by the Company with the SEC on March 7, 2025, and in its other filings made from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Advantage assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Non-GAAP Financial Measures and Related Information

    This press release includes certain financial measures not presented in accordance with generally accepted accounting principles (“GAAP”), including Adjusted EBITDA from Continuing Operations, Adjusted EBITDA from Discontinued Operations, Adjusted EBITDA by Segment, Adjusted Unlevered Free Cash Flow and Net Debt. These are not measures of financial performance calculated in accordance with GAAP and may exclude items that are significant in understanding and assessing Advantage’s financial results. Therefore, the measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP, and should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that Advantage’s presentation of these measures may not be comparable to similarly titled measures used by other companies. Reconciliations of historical non-GAAP measures to their most directly comparable GAAP counterparts are included below.

    Advantage believes these non-GAAP measures provide useful information to management and investors regarding certain financial and business trends relating to Advantage’s financial condition and results of operations. Advantage believes that the use of Adjusted EBITDA from Continuing Operations, Adjusted EBITDA from Discontinued Operations, Adjusted EBITDA by Segment, Adjusted Unlevered Free Cash Flow, and Net Debt provide an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing Advantage’s financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Additionally, other companies may calculate non-GAAP measures differently, or may use other measures to calculate their financial performance, and therefore Advantage’s non-GAAP measures may not be directly comparable to similarly titled measures of other companies.

    Adjusted EBITDA from Continuing Operations, Adjusted EBITDA from Discontinued Operations and Adjusted EBITDA by Segment are supplemental non-GAAP financial measures of our operating performance. Adjusted EBITDA from Continuing Operations and Adjusted EBITDA from Discontinued Operations mean net (loss) income before (i) interest expense (net), (ii) provision for (benefit from) income taxes, (iii) depreciation, (iv) amortization of intangible assets, (v) impairment of goodwill, (vi) changes in fair value of warrant liability, (vii) stock based compensation expense, (viii) equity-based compensation of Karman Topco L.P., (ix) fair value adjustments of contingent consideration related to acquisitions, (x) acquisition and divestiture related expenses, (xi) (gain) loss on divestitures, (xii) restructuring expenses, (xiii) reorganization expenses, (xiv) litigation expenses (recovery), (xv) costs associated with COVID-19, net of benefits received, (xvi) costs associated with (recovery from) the Take 5 Matter, (xvii) EBITDA for economic interests in investments and (xviii) other adjustments that management believes are helpful in evaluating our operating performance. 

    Adjusted EBITDA by Segment means, with respect to each segment, operating income (loss) from continuing operations before (i) depreciation, (ii) amortization of intangible assets, (iii) impairment of goodwill, (iv) stock based compensation expense, (v) equity-based compensation of Karman Topco L.P., (vi) fair value adjustments of contingent consideration related to acquisitions, (vii) acquisition and divestiture related expenses, (viii) restructuring expenses, (ix) reorganization expenses, (x) litigation expenses (recovery), (xi) costs associated with COVID-19, net of benefits received, (xii) costs associated with (recovery from) the Take 5 Matter, (xiii) EBITDA for economic interests in investments and (xiv) other adjustments that management believes are helpful in evaluating our operating performance, in each case, attributable to such segment.

    Adjusted EBITDA Margin means Adjusted EBITDA from Continuing Operations divided by total revenues. 

    Adjusted Unlevered Free Cash Flow represents net cash provided by (used in) operating activities from continuing and discontinued operations less purchase of property and equipment as disclosed in the Statements of Cash Flows further adjusted by (i) cash payments for interest, (ii) cash received from interest rate derivatives, (iii) cash paid for income taxes; (iv) cash paid for acquisition and divestiture related expenses, (v) cash paid for restructuring expenses, (vi) cash paid for reorganization expenses, (vii) cash paid for contingent earnout payments included in operating cash flow, (viii) cash paid for costs associated with COVID-19, net of benefits received, (ix) cash paid for costs associated with the Take 5 Matter, (x) net effect of foreign currency fluctuations on cash, and (xi) other adjustments that management believes are helpful in evaluating our operating performance. Adjusted Unlevered Free Cash Flow as a percentage of Adjusted EBITDA means Adjusted Unlevered Free Cash Flow divided by Adjusted EBITDA from Continuing Operations and Adjusted EBITDA from Discontinued Operations.

    Net Debt represents the sum of current portion of long-term debt and long-term debt, less cash and cash equivalents and debt issuance costs. With respect to Net Debt, cash and cash equivalents are subtracted from the GAAP measure, total debt, because they could be used to reduce the debt obligations. We present Net Debt because we believe this non-GAAP measure provides useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and to evaluate changes to the Company’s capital structure and credit quality assessment.

    Advantage Solutions Inc.
    Reconciliation of Net Income (Loss) to Adjusted EBITDA
    (Unaudited)
     
    Continuing Operations Three Months Ended December 31,     Year Ended December 31,  
    (in thousands) 2024     2023     2024     2023  
    Net loss from continuing operations $ (177,935 )   $ (2,663 )   $ (378,404 )   $ (81,211 )
    Add:                      
    Interest expense, net   32,308       45,851       146,792       165,734  
    Benefit from income taxes from continuing operations   (24,745 )     (21,653 )     (62,787 )     (37,648 )
    Depreciation and amortization   51,622       51,420       204,553       208,856  
    Impairment of goodwill and indefinite-lived asset   175,500       43,500       275,170       43,500  
    Gain on deconsolidation of subsidiaries   —       (58,891 )     —       (58,891 )
    Changes in fair value of warrant liability   (225 )     (873 )     (584 )     (286 )
    Stock-based compensation expense (a)   6,794       9,533       31,019       38,933  
    Equity-based compensation of Karman Topco L.P. (b)   1,381       754       723       (2,524 )
    Fair value adjustments related to contingent consideration related to acquisitions (c)   —       665       1,678       11,152  
    Acquisition and divestiture related expenses (d)   39       142       (1,168 )     3,206  
    Restructuring expenses (e)   5,933       —       30,051       —  
    Reorganization expenses (f)   14,820       17,829       88,800       56,133  
    Litigation (recovery) expenses (g)   482       855       (1,940 )     9,519  
    Costs associated with COVID-19, net of benefits received (h)   —       (2 )     —       3,283  
    Costs associated with the Take 5 Matter, net of (recoveries) (i)   764       63       1,845       (1,380 )
    EBITDA for economic interests in investments (j)   7,817       295       20,266       (6,128 )
    Adjusted EBITDA from Continuing Operations $ 94,555     $ 86,825     $ 356,014     $ 352,248  
                                   
    (a) Represents non-cash compensation expense related to performance stock units, restricted stock units, and stock options under the 2020 Advantage Solutions Incentive Award Plan and the Advantage Solutions 2020 Employee Stock Purchase Plan.
    (b) Represents expenses related to (i) equity-based compensation expense associated with grants of Common Series D Units of Karman Topco L.P. made to one of the sponsors of Advantage and (ii) equity-based compensation expense associated with the Common Series C Units of Karman Topco L.P.
    (c) Represents adjustments to the estimated fair value of our contingent consideration liabilities related to our acquisitions, for the applicable periods.
    (d) Represents fees and costs associated with activities related to our acquisitions, divestitures, and related reorganization activities, including professional fees, due diligence, and integration activities.
    (e) Restructuring charges including programs designed to integrate and reduce costs intended to further improve efficiencies in operational activities and align cost structures consistent with revenue levels associated with business changes. Restructuring expenses include costs associated with the Voluntary Early Retirement Program (“VERP”) and employee termination benefits associated with a reduction-in-force (“2024 RIF”) and other optimization initiatives.
    (f) Represents fees and costs associated with various internal reorganization activities, including professional fees, lease exit costs, severance, and nonrecurring compensation costs.
    (g) Represents legal settlements, reserves, and expenses that are unusual or infrequent costs associated with our operating activities.
    (h) Represents (i) costs related to implementation of strategies for workplace safety in response to COVID-19, including employee-relief fund, additional sick pay for front-line associates, medical benefit payments for furloughed associates, and personal protective equipment; and (ii) benefits received from government grants for COVID-19 relief.
    (i) Represents cash receipts from an insurance policy for claims related to the Take 5 Matter and costs associated with investigation and remediation activities related to the Take 5 Matter, primarily professional fees and other related costs.
    (j) Represents additions to reflect our proportional share of Adjusted EBITDA related to our equity method investments and reductions to remove the Adjusted EBITDA related to the minority ownership percentage of the entities that we fully consolidate in our financial statements.

    The MIL Network –

  • MIL-OSI: Baltic Horizon Fund to sell Meraki Business Home in Vilnius, Lithuania

    Source: GlobeNewswire (MIL-OSI)

    Baltic Horizon Fund recently announced a structured process with the intention to dispose certain real estate assets, where the Fund does not see significant short-term opportunities for further value optimization.

    Today, the owner of Meraki Business Home in Vilnius, BH Meraki UAB, an SPV of Baltic Horizon Fund, signed a real estate sale and purchase agreement with Groa Real Estate Opportunity Fund UAB, a fund managed by Groa Capital to sell Meraki Business Home in Vilnius, Lithuania.

    The Meraki office building development commenced in 2019, and the first tower was completed in August 2022. The project included a second tower that has not been realized. The development was affected by COVID-19 as well as the high inflation rate levels.

    “Despite difficult conditions, we have been able to achieve a close to 90% occupancy level for the property. Today, Meraki remains as one of the most modern buildings in the area, which is also confirmed by its BREEAM Excellent New Construction certification,” commented Fund manager Tarmo Karotam.

    “We are pleased with the purchase of the Meraki office building as this acquisition will enable Groa Capital to further grow our portfolio of quality office buildings. We believe that this also presents an attractive opportunity for Groa Capital to build the second Meraki tower with around 8500 m2,” commented Nerijus Dagilis, CEO of Groa Capital. “We will start discussions with potential tenants immediately upon the closing of the transaction,” further added CEO of Groa Capital Nerijus Dagilis.

    The sales price of the asset is approximately EUR 16 million, which is close to the latest valuation. The proceeds of the transaction will be used to redeem EUR 3 million of Baltic Horizon Fund bonds and repay the loan from Bigbank.

    “Baltic Horizon Fund is in the process of deleveraging and has been decreasing its allocation in the B-class office segment since 2021. With the proceeds, the Fund plans to reduce its debt level and increase liquidity for its operations,” added fund manager Tarmo Karotam.

    Closing of the transaction is expected to take place by mid March 2025.

    For additional information, please contact:

    Tarmo Karotam
    Baltic Horizon Fund manager
    E-mail tarmo.karotam@nh-cap.com
    www.baltichorizon.com

    The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. 

    Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com

    To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube.

    The MIL Network –

  • MIL-OSI: BFCM Communiqué de mise à disposition des Final Terms de l’émission série 584 tranche 1

    Source: GlobeNewswire (MIL-OSI)

    Paris, le 7 mars 2025

    Communiqué information réglementée

    Communiqué précisant les modalités de mise à disposition des Final Terms de l’émission de la BFCM séries 584 tranche 1.

    La Banque Fédérative du Crédit Mutuel informe que ce document est à la disposition du public sur le site de l’émetteur à l’adresse suivante :

    https://www.bfcm.creditmutuel.fr/en/programs/standard.html

    Des exemplaires de ce document sont disponibles, sans frais auprès de l’émetteur :
    https://www.bfcm.creditmutuel.fr/fr/informations/contact.html

    Contact Relation Investisseurs
    Banque Fédérative du Crédit Mutuel: Sandrine Cao Dac Viola :  BFCM-WEB@bfcm.creditmutuel.fr

    Attachment

    The MIL Network –

  • MIL-OSI: BFCM Communiqué de mise à disposition des Final Terms de l’émission séries 579 tranche 8

    Source: GlobeNewswire (MIL-OSI)

    Paris, le 7 mars 2025

    Communiqué information réglementée

    Communiqué précisant les modalités de mise à disposition des Final Terms de l’émission de la BFCM séries 579 tranche 8.

    La Banque Fédérative du Crédit Mutuel informe que ce document est à la disposition du public sur le site de l’émetteur à l’adresse suivante :

    https://www.bfcm.creditmutuel.fr/en/programs/standard.html

    Des exemplaires de ce document sont disponibles, sans frais auprès de l’émetteur :
    https://www.bfcm.creditmutuel.fr/fr/informations/contact.html

    Contact Relation Investisseurs
    Banque Fédérative du Crédit Mutuel: Sandrine Cao Dac Viola :  BFCM-WEB@bfcm.creditmutuel.fr

    Attachment

    The MIL Network –

  • MIL-OSI: Auction result of Treasury Bonds – RIKB 26 1015 – RIKB 38 0215

    Source: GlobeNewswire (MIL-OSI)

    Series  RIKB 26 1015 RIKB 38 0215
    Settlement Date  03/12/2025 03/12/2025
    Total Amount Allocated (MM)  6,815 5,740
    All Bids Awarded At (Price / Yield)  98.420 / 7.800 97.840 / 6.750
    Total Number of Bids Received  16 30
    Total Amount of All Bids Received (MM)  8,215 8,540
    Total Number of Successful Bids  11 19
    Number of Bids Allocated in Full  11 19
    Lowest Price / Highest Yield Allocated  98.420 / 7.800 97.840 / 6.750
    Highest Price / Lowest Yield Allocated  98.495 / 7.750 98.800 / 6.640
    Lowest Price / Highest Yield Allocated in Full  98.420 / 7.800 97.840 / 6.750
    Weighted Average of Successful Bids (Price/Yield)  98.468 / 7.770 97.910 / 6.750
    Best Bid (Price / Yield)  98.495 / 7.750 98.800 / 6.640
    Worst Bid (Price / Yield)  98.375 / 7.830 96.799 / 6.880
    Weighted Average of All Bids Received (Price / Yield)  98.456 / 7.770 97.732 / 6.770
    Percentage Partial Allocation (Approximate)  100.00 % 100.00 %
    Bid to Cover Ratio  1.21 1.49

    The MIL Network –