Category: GlobeNewswire

MIL-OSI: PHH Mortgage Enhances Proprietary Client Technology With AI Assistant
Source: GlobeNewswire (MIL-OSI)

WEST PALM BEACH, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) — PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that the Company has launched an AI assistant through its LoanSpan client reporting and analytics platform to enhance the client experience.

LoanSpan’s AI assistant (“LASI”) is focused on making it easier for clients to access the vast amounts of data within the platform. LASI can quickly analyze text queries and provide personalized and accurate responses. LASI is currently available for PHH subservicing clients on LoanSpan.com.

Key LASI features and benefits include:
- Ability to retrieve answers from hundreds of documents and sources, such as policies and procedures, user manuals, client communications, presentations, educational videos and more
- Intelligence to understand unstructured questions at a detailed level and provide thorough responses
- Eliminates the need to manually search and review various documents
- Seamlessly escalates questions to PHH’s Client Relations team
- Built-in security measures to protect sensitive information
“We are excited to launch LASI as it demonstrates our continued commitment to leveraging the latest technology to create better experiences for our clients and their homeowners,” said Walt Mullen, Executive Vice President and Chief Strategy Officer at Onity Group. “Our goal with LASI is to make it simple and easy for clients to get the information they need whenever they need it and with significantly less effort.”

LoanSpan is PHH’s proprietary knowledge platform designed for its subservicing clients to access a wealth of information about their customers and their portfolio, as well as various tools and resources. Clients can also utilize an integrated analytics tool to view customizable dashboards to monitor portfolio and loan-level performance and KPIs. The platform is a “one-stop shop” for PHH’s clients, many of whom have said it is a best-in-class offering for both loan and customer data and insights. LoanSpan completed a comprehensive upgrade in 2023 to enhance the user interface and incorporate additional self-service tools. LASI is an investment in the latest technology and demonstrates PHH’s commitment to constant improvement to meet the needs of its clients.

About Onity Group

Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit onitygroup.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by a reference to a future period or by the use of forward-looking terminology. Forward-looking statements are typically identified by words such as “expect”, “believe”, “foresee”, “anticipate”, “intend”, “estimate”, “goal”, “strategy”, “plan” “target” and “project” or conditional verbs such as “will”, “may”, “should”, “could” or “would” or the negative of these terms, although not all forward-looking statements contain these words, and includes statements in this press release regarding the expected features and performance of LoanSpan and LASI and PHH’s ability to provide technology and performance improvements to PHH subservicing clients.

Forward-looking statements involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, changes in our business condition and our ability to invest in technology improvements, changes in market conditions, the industry in which we operate, and our business, the actions of governmental entities and regulators, and other risks and uncertainties detailed in our reports and filings with the SEC, including our annual report on Form 10-K for the year ended December 31, 2023 and any current report or quarterly report filed with the SEC since such date. Anyone wishing to understand Onity Group Inc.’s business should review our SEC filings. Our forward-looking statements speak only as of the date they are made and, we disclaim any obligation to update or revise forward-looking statements whether as a result of new information, future events or otherwise.

For Further Information Contact:
Dico Akseraylian, SVP, Corporate Communications
(856) 917-0066
mediarelations@onitygroup.com

The MIL Network –
February 4, 2025
MIL-OSI: Orrstown Financial Services, Inc. Announces Appointment of Barbara Brobst to the Board of Directors

Source: GlobeNewswire (MIL-OSI)

HARRISBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) — Orrstown Financial Services, Inc. (NASDAQ: ORRF) (the “Company”) today announced that Barbara E. Brobst has been appointed to an open position on the Boards of Directors of the Company and its principal subsidiary, Orrstown Bank, effective February 1, 2025.

Ms. Brobst served as the Executive Vice President, Chief Human Resources Officer of the Company and the Bank from 2015 to 2022. Prior to that, she served as Senior Vice President for Human Resources of the Bank from 2011 to 2015 and Senior Vice President and Senior Trust Officer of the Bank from 2000 to 2011. Ms. Brobst is an experienced banking executive with over 40 years of experience and significant expertise in Trust, Wealth, and Investment Services, Governance, Strategic Planning, and Human Resource Management. She has extensive ties to south-central Pennsylvania, having previously served on the Board of Directors of several non-profit, charitable and professional organizations in the region.

“Barb’s expertise in wealth management and human capital management, combined with her 40 plus years of banking experience and extensive knowledge of our south-central Pennsylvania markets, makes her a valuable resource for both our board and management team and an exceptional addition to our Board of Directors,” said Joel Zullinger, Chairman of the Board of Directors.

About Orrstown

With $5.4 billion in assets, Orrstown Financial Services, Inc. and its wholly-owned subsidiary, Orrstown Bank, provide a wide range of consumer and business financial services in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties, Pennsylvania and Anne Arundel, Baltimore, Harford, Howard, and Washington Counties, Maryland, as well as Baltimore City, Maryland. The Company’s lending area also includes adjacent counties in Pennsylvania and Maryland, as well as Loudon County, Virginia and Berkeley, Jefferson and Morgan Counties, West Virginia. Orrstown Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the FDIC. Orrstown Financial Services, Inc.’s common stock is traded on Nasdaq (ORRF). For more information about Orrstown Financial Services, Inc. and Orrstown Bank, visit www.orrstown.com.

For media inquiries or further information, please contact:

John Moss
SVP, Director of Marketing and Client Experience, Orrstown Bank
717-747-1520
jmoss@orrstown.com

The MIL Network –

February 4, 2025
MIL-OSI: DeckTrade Just Changed the Game—Introducing the AI Tool That Could Save Your Portfolio!
Source: GlobeNewswire (MIL-OSI)

London, UK, Feb. 03, 2025 (GLOBE NEWSWIRE) — In an era where crypto volatility is the norm, DeckTrade has officially raised the bar by launching a revolutionary AI-Powered Risk Management Tool—a feature designed not just to manage risks but to save portfolios from catastrophic losses. This groundbreaking development is more than just an update; it’s a complete game-changer for crypto traders worldwide, offering advanced predictive capabilities, real-time market insights, and automated risk mitigation strategies.

If you’ve ever felt the sting of sudden market crashes, unexpected price drops, or emotionally driven trading mistakes, this is the tool you’ve been waiting for. DeckTrade has created a technology that doesn’t just react to the market—it predicts potential risks before they can harm your investments.

Why This Is a Game-Changer for Crypto Traders

The cryptocurrency market is notorious for its wild swings. Prices can soar or plummet in minutes, leaving traders vulnerable to substantial losses. Traditional risk management strategies often fall short, relying heavily on manual monitoring, delayed reactions, and emotional decision-making.

Enter DeckTrade’s AI-Powered Risk Management Tool—an intelligent system that works 24/7, analyzing real-time data, market trends, and historical patterns to identify threats before they materialize. Unlike outdated tools that merely flag risks after the damage is done, this AI tool offers proactive protection, enabling traders to safeguard their portfolios with precision and confidence.

What Makes DeckTrade’s AI Tool So Powerful?
1. Predictive Risk Analysis:
  Leveraging advanced machine learning algorithms, the AI tool can forecast potential market downturns, identify volatility triggers, and anticipate price fluctuations before they happen. It’s like having a financial crystal ball—but powered by data.
2. Real-Time Alerts:
  The system sends instant notifications when potential risks are detected, allowing traders to act swiftly. Whether it’s a sudden Bitcoin drop or an unexpected altcoin surge, you’ll be the first to know.
3. Automated Risk Mitigation:
  Tired of watching charts 24/7? The AI tool can automatically execute stop-loss orders, adjust leverage, and even rebalance portfolios based on pre-set risk thresholds, minimizing the chance of emotional decision-making.
4. Customizable Risk Profiles:
  Every trader is different. Whether you’re a conservative investor or an aggressive day trader, DeckTrade’s AI allows you to customize risk parameters to match your strategy and goals.
5. Market Sentiment Analysis:
  The AI scans global news, social media trends, and market sentiment to detect external factors that could impact crypto prices—giving you an edge that no manual analysis can match.
6. Seamless Integration:
  The tool is fully integrated into the DeckTrade platform, offering a user-friendly dashboard where traders can monitor risks, adjust settings, and review performance metrics effortlessly.
The Cost of Ignoring Risk in Crypto Trading

Let’s face it: Crypto is risky.
Without proper risk management, even the most experienced traders can face devastating losses. Consider these common pitfalls:
- Flash Crashes: In 2021, Bitcoin dropped nearly 30% in a single day, wiping out billions of dollars.
- Emotional Trading: Fear and greed often lead to impulsive decisions, causing traders to sell low and buy high.
- Overleveraging: Many traders get trapped by excessive leverage, amplifying losses beyond recovery.
- Lack of Diversification: Overexposure to a single asset can be disastrous when that asset tanks unexpectedly.
DeckTrade’s AI tool is designed to prevent these mistakes. By analyzing risks in real-time and providing actionable insights, it helps traders make informed decisions—without the emotional baggage.

Testimonials from Australian Traders Who Are Already Benefiting

Since its soft launch earlier this year, Australian traders have been raving about the AI-powered tool:
- “I used to stress about overnight trades. Now, DeckTrade’s AI tool watches the market for me. It’s like having a personal risk manager on call 24/7.” — Liam P., Sydney, NSW
- “Crypto is unpredictable, but this AI tool gives me peace of mind. I’ve avoided major losses thanks to its real-time alerts.” — Sophie T., Brisbane, QLD
- “I was skeptical at first, but after the last Bitcoin dip, the AI’s predictive alert saved me thousands. I’ll never trade without it again.” — Daniel K., Melbourne, VIC
- “DeckTrade’s AI doesn’t just manage risk; it helps me find opportunities. It’s like having an edge over the market.” — Emily G., Perth, WA
- “Since using the tool, my trading has become more strategic. I’m making decisions based on data, not emotions.” — Olivia R., Adelaide, SA
How the AI Actually Works (Simplified)

While the backend technology is complex, here’s a simple breakdown of how DeckTrade’s AI operates:
1. Data Collection: The AI continuously gathers data from global exchanges, financial news outlets, blockchain networks, and social media.
2. Pattern Recognition: It identifies historical patterns that led to previous market crashes or rallies.
3. Real-Time Analysis: The AI compares live data with historical trends to detect anomalies.
4. Risk Scoring: Each potential threat is assigned a risk score, triggering alerts or automatic actions if thresholds are met.
5. Learning Loop: The AI learns from every trade, constantly refining its predictive models for greater accuracy over time.
This isn’t just a “set it and forget it” tool—it’s an adaptive system that evolves with the market, ensuring it stays effective even as trading conditions change.

Who Can Benefit from DeckTrade’s AI Tool?
- Beginners: Avoid common mistakes by relying on AI-driven insights.
- Day Traders: React to market changes faster than manual analysis allows.
- Long-Term Investors: Protect your portfolio from sudden crashes without constant monitoring.
- High-Net-Worth Individuals: Manage large investments with sophisticated, automated risk controls.
- Institutions: Leverage enterprise-grade risk management capabilities for institutional portfolios.
DeckTrade Management Team Speaks Out

“Crypto trading is no longer just about luck or timing—it’s about having the right tools. Our AI-powered risk management tool is designed to save portfolios, reduce stress, and give traders a competitive advantage. This isn’t just an update; it’s a new era for secure trading.” — DeckTrade Management Team

Why Choose DeckTrade?

In addition to this groundbreaking AI tool, DeckTrade offers:
- 99.9% Uptime: Ensuring you never miss a trade due to technical issues.
- Military-Grade Security: Protecting your data and assets with top-tier encryption.
- Low Fees: Maximizing your profits without hidden charges.
- Global Accessibility: Trade anytime, anywhere, on desktop or mobile.
- Dedicated Support: A responsive customer service team ready to assist 24/7.
Final Thoughts: Don’t Get Left Behind

The crypto market moves fast. Traders who adapt and leverage cutting-edge tools like DeckTrade’s AI-powered risk management system will have a decisive advantage over those who don’t.

If you’re serious about protecting your portfolio, reducing stress, and maximizing profits, this is the moment to act. The future of crypto trading isn’t just about chasing gains—it’s about managing risks intelligently.

Your portfolio deserves more than luck. It deserves DeckTrade’s AI.

Decktrade: https://deck-trade.co

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

The MIL Network –
February 4, 2025

MIL-OSI: Capital Southwest Announces Financial Results for Third Fiscal Quarter Ended December 31, 2024 and Announces Increase in Total Dividends to $0.64 per share for the Quarter Ending March 31, 2025

Source: GlobeNewswire (MIL-OSI)

DALLAS, Feb. 03, 2025 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its financial results for the third fiscal quarter ended December 31, 2024.

Third Quarter Fiscal Year 2025 Financial Highlights

Total Investment Portfolio: $1.7 billion
- Credit Portfolio of $1.5 billion:
  - 98% 1st Lien Senior Secured Debt
  - $313.4 million in new committed credit investments during the quarter
  - Weighted Average Yield on Debt Investments: 12.1%
  - Current non-accruals with a fair value of $45.8 million, representing 2.7% of the total investment portfolio
- Equity Portfolio of $158.8 million
  - $4.1 million in new equity co-investments during the quarter
Pre-Tax Net Investment Income: $30.7 million, or $0.64 per weighted average share outstanding
Estimated Undistributed Taxable Income (“UTI”): $0.68 per share as of December 31, 2024
LTM Operating Leverage: 1.6% for the quarter ended December 31, 2024
Dividends: Paid $0.58 per share Regular Dividend and $0.05 per share Supplemental Dividend
- 115% LTM Pre-Tax NII Regular Dividend Coverage
- Total Dividends for the quarter ended December 31, 2024 of $0.63 per share
Net Realized and Unrealized Depreciation: $13.7 million, or 0.8% of total investments at fair value
- $12.3 million of net appreciation related to the equity portfolio
- $26.0 million of net depreciation related to the credit portfolio
Balance Sheet:
- Cash and Cash Equivalents: $36.0 million
- Total Net Assets: $830.4 million
- Net Asset Value (“NAV”) per Share: $16.59

In commenting on the Company’s results, Bowen Diehl, President and Chief Executive Officer, stated, “The December quarter was an active quarter for Capital Southwest, with approximately $318 million of new committed originations. Our portfolio continued to generate significant income for our shareholders, producing $0.64 of pre-tax net investment income per share for the quarter, which outearned both our $0.58 per share regular dividend and our $0.05 per share supplemental dividend paid for the quarter. In consideration of the continued performance of our portfolio, the Board of Directors has again declared a regular dividend of $0.58 per share for the quarter ending March 31, 2025. Our Board of Directors also has declared an increase in our supplemental dividend to $0.06 per share for the quarter ending March 31, 2025, resulting in total dividends for the quarter of $0.64 per share. While future dividend declarations are at the discretion of our Board of Directors, it is our intent to continue to distribute quarterly supplemental dividends for the foreseeable future. We continued to efficiently raise equity capital during the quarter, raising over $53 million on our Equity ATM Program. In addition, during the quarter, we successfully raised $230 million of 5.125% unsecured convertible notes due 2029, which further diversified our balance sheet liability structure. Finally, we received a ‘green light’ letter from the U.S. Small Business Administration to file an application to obtain a license to operate a second SBIC subsidiary. If approved, a second SBIC license will provide Capital Southwest with access to up to an additional $175 million in cost effective debt capital.”

Third Quarter Fiscal Year Investment Activities

Originations

During the quarter ended December 31, 2024, the Company originated $317.5 million in new commitments, consisting of investments in nine new portfolio companies totaling $175.2 million and add-on commitments in 20 portfolio companies totaling $142.3 million. New portfolio company investment transactions that closed during the quarter ended December 31, 2024 are summarized as follows:

Undisclosed Portfolio Company, $32.0 million 1^stLien Senior Secured Debt, $5.0 million Revolving Loan, $0.5 million Equity

Musiker Discovery Programs, Inc., $23.0 million 1^stLien Senior Secured Debt, $7.5 million Delayed Draw Term Loan, $5.0 million Revolving Loan: The company provides pre-college, enrichment, and gifted summer programs to students in grades 1-12.

Superior Health Parent LLC, $17.5 million 1^stLien Senior Secured Debt, $10.0 million Delayed Draw Term Loan, $3.0 million Revolving Loan: The company is a provider of home health and hospice services across eight agencies in Louisiana.

Mid-Florida Endodontics Management Company, LLC, $16.1 million 1^stLien Senior Secured Debt, $10.0 million Delayed Draw Term Loan, $3.0 million Revolving Loan: The company provides endodontic services, primarily focused on root canals and related examinations and retreatments.

Undisclosed Portfolio Company, $8.0 million 1^stLien Senior Secured Debt, $2.0 million Revolving Loan, $1.0 million Equity

Red Dog Operations Holding Company LLC, $7.5 million 1^stLien Senior Secured Debt, $2.0 million Revolving Loan, $1.0 million Preferred Equity: The company is a family-owned provider of boarding, daycare, grooming, and other ancillary pet services across six facilities in the Cincinnati and Boston areas.

Cumbria Capital MSO, LLC, $5.4 million 1^stLien Senior Secured Debt, $2.0 million Delayed Draw Term Loan, $1.5 million Revolving Loan: The company is a medical practice offering treatment for a variety of gastrointestinal and liver disorders.

Undisclosed Portfolio Company, $6.7 million 1^stLien Senior Secured Debt

Undisclosed Portfolio Company, $4.0 million 1^stLien Senior Secured Debt, $1.0 million Revolving Loan, $0.5 million Equity

Prepayments and Exits

During the quarter ended December 31, 2024, the Company received full prepayments on two debt investments totaling $26.7 million.

Versicare Management LLC: Proceeds of $23.7 million, generating an IRR of 17.1%.

Research Now Group, LLC: Proceeds of $2.9 million, generating an IRR of (9.6)%.

Third Fiscal Quarter 2025 Operating Results

For the quarter ended December 31, 2024, Capital Southwest reported total investment income of $52.0 million, compared to $48.7 million in the prior quarter. The increase in investment income was primarily attributable to an increase in prepayment and other fees received during the quarter.

For the quarter ended December 31, 2024, total operating expenses (excluding interest expense) were $6.6 million, compared to $6.1 million in the prior quarter. The increase was primarily attributable to an increase in accrued bonus compensation in the current quarter and an increase in general and administrative expenses primarily due to the write off of deferred offering costs related to our previous shelf registration statement during the current quarter.

For the quarter ended December 31, 2024, interest expense was $14.7 million, compared to $12.6 million in the prior quarter. The increase was primarily attributable to an increase in average debt outstanding.

For the quarter ended December 31, 2024, total pre-tax net investment income was $30.7 million, compared to $30.0 million in the prior quarter.

For the quarter ended December 31, 2024, there was a tax provision of $0.4 million, compared to a tax benefit of $1.2 million in the prior quarter. The benefit in the prior quarter included a $1.5 million deferred tax benefit, which is primarily attributable to an increase in the tax basis of investments held by our wholly owned subsidiary, Capital Southwest Equity Investments, Inc., due to pass-through income, resulting in a decrease in tax appreciation.

During the quarter ended December 31, 2024, Capital Southwest recorded total net realized and unrealized losses on investments of $13.7 million, compared to $8.5 million of total net realized and unrealized losses in the prior quarter. For the quarter ended December 31, 2024, the total net realized and unrealized losses on investments reflected net realized and unrealized gains on equity investments of $12.3 million and net realized and unrealized losses on debt investments of $26.0 million. The net increase in net assets resulting from operations was $16.3 million for the quarter, compared to $22.7 million in the prior quarter.

The Company’s NAV at both December 31, 2024 and September 30, 2024 was $16.59 per share. Increases in NAV per share are attributable to the issuance of common stock at a premium to NAV per share through the Equity ATM Program (as described below), offset by net realized and unrealized losses on investments.

Liquidity and Capital Resources

At December 31, 2024, Capital Southwest had approximately $36.0 million in unrestricted cash and money market balances and $376.2 million of unused capacity under the Corporate Credit Facility (as defined below) and the SPV Credit Facility (as defined below). The regulatory debt to equity ratio at the end of the quarter was 0.90 to 1.

As of December 31, 2024, Capital Southwest had the following borrowings outstanding:

$190.0 million of total debt outstanding on the Corporate Credit Facility
$118.0 million of total debt outstanding on the SPV Credit Facility
$148.7 million, net of unamortized debt issuance costs, of the 3.375% Notes due October 2026
$70.1 million, net of unamortized debt issuance costs, of the 7.75% Notes due August 2028
$222.7 million, net of amortized debt issuance costs, of the 5.125% convertible notes due November 2029
$170.7 million, net of unamortized debt issuance costs, of SBA Debentures (as defined below)

In August 2016, CSWC entered into a senior secured credit facility (the “Corporate Credit Facility”) to provide additional liquidity to support its investment and operational activities. Borrowings under the Corporate Credit Facility accrue interest on a per annum basis at a rate equal to the applicable SOFR rate plus 2.15%. On August 2, 2023, CSWC entered into the Third Amended and Restated Senior Secured Revolving Credit Agreement (the “Credit Agreement”) that (1) increased commitments under the Corporate Credit Facility from $400 million to $435 million; (2) added an uncommitted accordion feature that could increase the maximum commitments up to $750 million; (3) extended the end of the Corporate Credit Facility’s revolving period from August 9, 2025 to August 2, 2027 and extended the final maturity from August 9, 2026 to August 2, 2028; and (4) amended several financial covenants. On December 7, 2023, the Company entered into an Incremental Commitment and Assumption Agreement that increased the total commitments under the accordion feature of the Credit Agreement by $25 million, which increased total commitments from $435 million to $460 million. The $25 million increase was provided by one new lender, bringing the total bank syndicate to ten participants. On September 12, 2024, the Company entered into an Incremental Commitment and Assumption Agreement that increased the total commitments under the accordion feature of the Credit Agreement by $25 million, which increased total commitments from $460 million to $485 million. The $25 million increase was provided by one new lender, bringing the total bank syndicate to 11 participants.

Capital Southwest SPV LLC (“SPV”) is a wholly owned special purpose vehicle that was formed to hold investments for the SPV Credit Facility (as defined below) to support our investment and operating activities. On March 20, 2024, SPV entered into a special purpose vehicle financing credit facility (the “SPV Credit Facility”). The SPV Credit Facility included an initial commitment of $150 million. Pursuant to the terms of the loan agreement, on June 20, 2024, total commitments automatically increased from $150 million to $200 million. The SPV Credit Facility also includes an accordion feature that allows increases up to $400 million of total commitments from new and existing lenders on the same terms and conditions as the existing commitments. Borrowings under the SPV Credit Facility bear interest at three-month Term SOFR plus 2.50% per annum during the revolving period ending on March 20, 2027 and three-month Term SOFR plus an applicable margin of 2.85% thereafter. SPV (i) paid unused commitment fees of 0.10% through April 20, 2024 and (ii) pays unused commitment fees of 0.35% thereafter, on the unused lender commitments under the SPV Credit Facility, in addition to other customary fees. Under the SPV Credit Facility, SPV also pays a utilization fee based on the amount of borrowings utilized. The SPV Credit Facility matures on March 20, 2029.

On November 4, 2024, the Company issued $230.0 million in aggregate principal amount of 5.125% convertible notes due 2029 (the “2029 Convertible Notes”), including the underwriters’ full exercise of their option to purchase an additional $30.0 million in aggregate principal amount to cover over-allotments. The 2029 Convertible Notes bear interest at a rate of 5.125% per year, payable quarterly on February 15, May 15, August 15 and November 15 of each year, beginning on February 15, 2025. The 2029 Convertible Notes will mature on November 15, 2029, unless earlier converted, redeemed or repurchased. The conversion rate was initially 40.0000 shares of common stock per $1,000 principal amount of 2029 Convertible Notes (equivalent to an initial conversion price of $25.00 per share of common stock), subject to adjustment in some events.

On December 9, 2024, the Company redeemed $140.0 million in aggregate principal amount of the issued and outstanding 4.50% notes due 2026 (the “January 2026 Notes”) in full. The January 2026 Notes were redeemed at 100% of their principal amount, plus the accrued and unpaid interest thereon, through, but excluding the redemption date. Accordingly, the Company recognized a realized loss on extinguishment of debt, equal to the write-off of the related unamortized debt issuance costs, of $0.4 million during the quarter ended December 31, 2024. There was no “make-whole” premium required to be paid in connection with the redemption.

The Company has an “at-the-market” offering (the “Equity ATM Program”), pursuant to which the Company may offer and sell, from time to time through sales agents, shares of its common stock. On May 21, 2024, the Company increased the maximum amount of shares of its common stock to be sold through the Equity ATM Program from $650 million to $1 billion. During the quarter ended December 31, 2024, the Company sold 2,364,147 shares of its common stock under the Equity ATM Program at a weighted-average price of $22.68 per share, raising $53.6 million of gross proceeds. Net proceeds were $52.9 million after commissions to the sales agents on shares sold. As of December 31, 2024, the Company has $358.6 million available under the Equity ATM Program.

On April 20, 2021, our wholly owned subsidiary, Capital Southwest SBIC I, LP (“SBIC I”), received a license from the Small Business Administration (the “SBA”) to operate as a Small Business Investment Company (“SBIC”) under Section 301(c) of the Small Business Investment Act of 1958, as amended. The SBIC license allows SBIC I to obtain leverage by issuing SBA-guaranteed debentures (“SBA Debentures”), subject to the issuance of a leverage commitment by the SBA. SBA debentures are loans issued to an SBIC that have interest payable semi-annually and a ten-year maturity. The interest rate is fixed shortly after issuance at a market-driven spread over U.S. Treasury Notes with ten-year maturities. As of December 31, 2024, SBIC I had a total leverage commitment from the SBA in the amount of $175.0 million, all of which was drawn.

Share Repurchase Program

On July 28, 2021, the Company’s board of directors (the “Board”) approved a share repurchase program authorizing the Company to repurchase up to $20 million of its outstanding shares of common stock in the open market at certain thresholds below its NAV per share, in accordance with guidelines specified in Rules 10b5-1(c)(1)(i)(B) and 10b-18 under the Securities Exchange Act of 1934, as amended. On August 31, 2021, the Company entered into a share repurchase agreement, which became effective immediately, and the Company will cease purchasing its common stock under the share repurchase program upon the earlier of, among other things: (1) the date on which the aggregate purchase price for all shares equals $20 million including, without limitation, all applicable fees, costs and expenses; or (2) upon written notice by the Company to the broker that the share repurchase agreement is terminated. During the quarter ended December 31, 2024, the Company did not repurchase any shares of the Company’s common stock under the share repurchase program.

Regular Dividend of $0.58 Per Share and Supplemental Dividend of $0.06 Per Share for Quarter Ended March 31, 2025

On January 29, 2025, the Board declared a total dividend of $0.64 per share for the quarter ending March 31, 2025, comprised of a Regular Dividend of $0.58 per share and a Supplemental Dividend of $0.06 per share.

The Company’s dividend will be payable as follows:

Regular Dividend

Amount Per Share:	$0.58
Ex-Dividend Date:	March 14, 2025
Record Date:	March 14, 2025
Payment Date:	March 31, 2025

Supplemental Dividend

Amount Per Share:	$0.06
Ex-Dividend Date:	March 14, 2025
Record Date:	March 14, 2025
Payment Date:	March 31, 2025

When declaring dividends, the Board reviews estimates of taxable income available for distribution, which may differ from net investment income under generally accepted accounting principles. The final determination of taxable income for each year, as well as the tax attributes for dividends in such year, will be made after the close of the tax year.

Capital Southwest maintains a dividend reinvestment plan (“DRIP”) that provides for the reinvestment of dividends on behalf of its registered stockholders who hold their shares with Capital Southwest’s transfer agent and registrar, American Stock Transfer and Trust Company. Under the DRIP, if the Company declares a dividend, registered stockholders who have opted into the DRIP by the dividend record date will have their dividend automatically reinvested into additional shares of Capital Southwest common stock.

Third Quarter 2025 Earnings Results Conference Call and Webcast

Capital Southwest has scheduled a conference call on Tuesday, February 4, 2025, at 11:00 a.m. Eastern Time to discuss the third quarter 2025 financial results. You may access the call by using the Investor Relations section of Capital Southwest’s website at www.capitalsouthwest.com, or by using http://edge.media-server.com/mmc/p/viedrjap.

An audio archive of the conference call will also be available on the Investor Relations section of Capital Southwest’s website.

For a more detailed discussion of the financial and other information included in this press release, please refer to the Capital Southwest’s Form 10-Q for the period ended December 31, 2024 to be filed with the Securities and Exchange Commission (the “SEC”) and Capital Southwest’s Third Fiscal Quarter 2025 Earnings Presentation to be posted on the Investor Relations section of Capital Southwest’s website at www.capitalsouthwest.com.

About Capital Southwest

Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $1.7 billion in investments at fair value as of December 31, 2024. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $50 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

Forward-Looking Statements
This press release contains historical information and forward-looking statements with respect to the business and investments of Capital Southwest, including, but not limited to, the statements about Capital Southwest’s future performance and financial performance and financial condition, Capital Southwest’s ability to continue to grow its balance sheet, the timing, form and amount of any distributions or supplemental dividends in the future, and Capital Southwest’s receipt of a second SBIC license. Receipt of a green light letter provides no assurance that the SBA will ultimately issue an SBIC license, and Capital Southwest has received no assurance or indication from the SBA as such, or of a timeframe in which it would receive its second SBIC license, should one be granted. Forward-looking statements are statements that are not historical statements and can often be identified by words such as “will,” “believe,” “expect” and similar expressions and variations or negatives of these words. These statements are based on management’s current expectations, assumptions and beliefs. They are not guarantees of future results and are subject to numerous risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. These risks include risks related to: changes in the markets in which Capital Southwest invests; changes in the financial, capital, and lending markets; changes in the interest rate environment and its impact on our business and our portfolio companies; regulatory changes; tax treatment; our ability to operate SBIC I as a small business investment company; an economic downturn and its impact on the ability of our portfolio companies to operate and the investment opportunities available to us; the impact of supply chain constraints and labor shortages on our portfolio companies; and the elevated levels of inflation and its impact on our portfolio companies and the industries in which we invests.

Readers should not place undue reliance on any forward-looking statements and are encouraged to review Capital Southwest’s Annual Report on Form 10-K for the year ended March 31, 2024 and any subsequent filings with the SEC, including the “Risk Factors” sections therein, for a more complete discussion of the risks and other factors that could affect any forward-looking statements. Except as required by the federal securities laws, Capital Southwest does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or any other reason after the date of this press release.

Investor Relations Contact:

Michael S. Sarner, Chief Financial Officer
214-884-3829


CAPITAL SOUTHWEST CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES
(In thousands, except shares and per share data)

	December 31,			March 31,
		2024			2024
	(Unaudited)
Assets
Investments at fair value:
Non-control/Non-affiliate investments (Cost: $1,481,051 and $1,276,690, respectively)	$	1,471,215		$	1,286,355
Affiliate investments (Cost: $223,612 and $200,013, respectively)		221,044			190,206
Control investments (Cost: $8,619 and $0, respectively)		9,027			—
Total investments (Cost: $1,713,282 and $1,476,703, respectively)		1,701,286			1,476,561
Cash and cash equivalents		36,013			32,273
Receivables:
Dividends and interest		28,237			22,928
Escrow		—			16
Other		4,056			7,276
Income tax receivable		668			336
Debt issuance costs (net of accumulated amortization of $9,685 and $7,741, respectively)		9,938			10,928
Other assets		8,867			6,440
Total assets	$	1,789,065		$	1,556,758

Liabilities
SBA Debentures (net of $4,279 and $4,305, respectively, of unamortized debt issuance costs)	$	170,721		$	148,695
January 2026 Notes (net of $0 and $612, respectively, of unamortized debt issuance costs)		—			139,388
October 2026 Notes (net of $1,346 and $1,923, respectively, of unamortized debt issuance costs)		148,654			148,077
August 2028 Notes (net of $1,800 and $2,182, respectively, of unamortized debt issuance costs)		70,075			69,693
2029 Convertible Notes (net of $7,256 and $0, respectively, of unamortized debt issuance costs)		222,744			—
Credit Facilities		308,000			265,000
Other liabilities		20,993			17,381
Accrued restoration plan liability		556			570
Income tax payable		1,251			281
Deferred tax liability		15,629			11,997
Total liabilities		958,623			801,082

Commitments and contingencies (Note 11)

Net Assets
Common stock, $0.25 par value: authorized, 75,000,000 shares at December 31, 2024 and March 31, 2024; issued, 50,051,332 shares at December 31, 2024 and 45,050,759 shares at March 31, 2024		12,513			11,263
Additional paid-in capital		903,513			796,945
Total distributable (loss) earnings		(85,584	)		(52,532	)
Total net assets		830,442			755,676
Total liabilities and net assets	$	1,789,065		$	1,556,758
Net asset value per share (50,051,332 shares outstanding at December 31, 2024 and 45,050,759 shares outstanding at March 31, 2024)	$	16.59		$	16.77


CAPITAL SOUTHWEST CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
(In thousands, except shares and per share data)

	Three Months Ended						Nine Months Ended
	December 31,						December 31,
		2024			2023			2024			2023
Investment income:
Interest income:
Non-control/Non-affiliate investments	$	37,789		$	33,627		$	114,346		$	97,924
Affiliate investments		4,767			4,214			14,253			12,691
Control investments		333			—			975			—
Payment-in-kind interest income:
Non-control/Non-affiliate investments		2,717			3,452			7,025			5,329
Affiliate investments		529			621			1,670			1,926
Dividend income:
Non-control/Non-affiliate investments		586			2,447			3,525			3,233
Affiliate investments		—			96			51			187
Control investments		—			2,129			—			6,439
Fee income:
Non-control/Non-affiliate investments		3,671			1,655			6,589			2,949
Affiliate investments		525			115			1,443			632
Control investments		8			17			75			62
Other income		1,048			193			2,081			332
Total investment income		51,973			48,566			152,033			131,704
Operating expenses:
Compensation		2,388			3,919			7,844			8,762
Share-based compensation		1,544			1,188			4,306			3,387
Interest		14,717			11,473			39,751			31,635
Professional fees		998			919			3,450			2,863
General and administrative		1,643			1,301			4,699			3,877
Total operating expenses		21,290			18,800			60,050			50,524
Income before taxes		30,683			29,766			91,983			81,180
Federal income, excise and other taxes		474			392			1,016			841
Deferred taxes		(107	)		515			627			(270	)
Total income tax provision		367			907			1,643			571
Net investment income	$	30,316		$	28,859		$	90,340		$	80,609
Realized (loss) gain
Non-control/Non-affiliate investments	$	(12,889	)	$	(7,849	)	$	(22,374	)	$	(13,445	)
Affiliate investments		84			—			251			(6,503	)
Control investments		—			—			(260	)		—
Income tax benefit (provision)		—			7			—			(286	)
Total net realized (loss) gain on investments, net of tax		(12,805	)		(7,842	)		(22,383	)		(20,234	)
Net unrealized (depreciation) appreciation on investments
Non-control/Non-affiliate investments		(5,229	)		8,569			(19,455	)		4,648
Affiliate investments		7,745			(6,829	)		7,193			1,302
Control investments		(354	)		778			408			2,944
Income tax (provision) benefit		(3,009	)		(51	)		(2,720	)		1,012
Total net unrealized (depreciation) appreciation on investments, net of tax		(847	)		2,467			(14,574	)		9,906
Net realized and unrealized (losses) gains on investments		(13,652	)		(5,375	)		(36,957	)		(10,328	)
Realized loss on extinguishment of debt		(387	)		—			(387	)		(361	)
Realized loss on disposal of fixed assets		(9	)		—			(9	)		—
Net increase in net assets from operations	$	16,268		$	23,484		$	52,987		$	69,920

Pre-tax net investment income per share – basic	$	0.64		$	0.72		$	1.95		$	2.05
Net investment income per share – basic	$	0.63		$	0.70		$	1.92		$	2.04
Net increase in net assets from operations – diluted	$	0.34		$	0.57		$	1.12		$	1.77
Net increase in net assets from operations – basic	$	0.34		$	0.57		$	1.13		$	1.77
Weighted average shares outstanding – basic		48,315,228			41,513,773			47,079,617			39,610,643
Weighted average shares outstanding – diluted		54,121,844			41,513,773			49,022,194			39,610,643

The MIL Network –

February 4, 2025

MIL-OSI: Diamondback Energy, Inc. Announces Appointment to the Board of Directors

Source: GlobeNewswire (MIL-OSI)

MIDLAND, Texas, Feb. 03, 2025 (GLOBE NEWSWIRE) — Travis Stice, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”), is pleased to announce that effective February 3, 2025, the Company added Darin G. Holderness to the Board of Directors.

Mr. Holderness has over 30 years of experience in various roles of increasing responsibility in the energy sector, including, among others, founder and Chief Financial Officer of P&A Exchange LLC, an oilfield services company, Chief Financial Officer of ProPetro Holding Corp., an oilfield services company, Senior Vice President, Chief Financial Officer and Treasurer of Concho Resources, an oil and gas exploration and production company, and over nine years with KPMG LLP, where his practice focused on the energy sector. Mr. Holderness has served on the board of directors of JMR Services LLC, an oilfield services company focused on the plug and abandonment of oil and gas wells, since May 2024. Mr. Holderness also served on the board of directors of Ranger Oil Corporation from September 2016 to October 2021, including as its chairman from February 2018 to January 2021, and served on the board of directors of Rock Solid Lifestyles, Inc. from September 2016 to April 2024. Mr. Holderness graduated from Boise State University with a Bachelor of Business Administration in Accounting in 1986 and is a Certified Public Accountant.

“Diamondback is excited to announce the addition of Darin to the Board of Directors as the fourth Board member from the Endeavor merger completed late last year. Darin knows the Permian Basin and knows the Diamondback story well from his time spent in various roles throughout the Permian. I am confident his skillset, particularly as a member of the audit committee, will complement the Board well,” stated Mr. Stice.

About Diamondback Energy, Inc.

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

Investor Contact:
Adam Lawlis
+1 432.221.7467
alawlis@diamondbackenergy.com

The MIL Network –

February 4, 2025
MIL-OSI: Cipher Mining Announces January 2025 Operational Update

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for January 2025.

Key Highlights

Key Metrics January 2025

BTC Mined¹ 219

BTC Sold 471

BTC Held² 1,091

Deployed Mining Rigs 75,000

Month End Operating Hashrate (EH/s) 13.5

Month End Fleet Efficiency (J/TH) 18.9

¹ Includes January power sales estimates (based on current meter data and nodal prices) equivalent to 1 bitcoin (using month-end bitcoin price of $102,297) and 29 BTC mined at JV data centers representing Cipher’s ownership

² Includes ~325 BTC pledged as collateral

Management Commentary for January

Cipher continued to make progress at its Black Pearl site, nearing completion of the Phase 1 buildings, which cover more than 100,000 square feet. In addition, the Company continued discussions with potential tenants and financing partners, aligning with management’s vision to establish Cipher as a leader in HPC data center development.

Bitcoin Production and Operations Updates for January 2025

Cipher produced ~219¹ BTC in January. As part of its regular treasury management process, Cipher sold ~471 BTC in January, ending the month with a balance of ~1,091² BTC.

Construction at Black Pearl site. Each of miner wings 1-3 is ~1,000 feet long and will hold approximately 13,440 mining rigs.

About Cipher

Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world’s largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about its beliefs and expectations regarding its planned business model and strategy, its bitcoin mining and HPC data center development and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and its management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts it may make to modify aspects of its business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the Securities and Exchange Commission (“SEC”), as any such factors may be updated from time to time in the Company’s other filings with the SEC, including without limitation, the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024. 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 Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

The Company maintains a dedicated investor website at https://investors.ciphermining.com/investors (“Investors’ Website”). Financial and other important information regarding the Company is routinely posted on and accessible through the Investors Website. Cipher uses its Investors’ Website as a distribution channel of material information about the Company, including through press releases, investor presentations, reports and notices of upcoming events. Cipher intends to utilize its Investors’ Website as a channel of distribution to reach public investors and as a means of disclosing material non-public information for complying with disclosure obligations under Regulation FD. In addition, you may sign up to automatically receive email alerts and other information about the Company by visiting the “Email Alerts” option under the Investors Resources section of Cipher’s Investors’ Website and submitting your email address.

Contacts:
Investor Contact:
Courtney Knight
Head of Investor Relations at Cipher Mining
courtney.knight@ciphermining.com

Media Contact:
Ryan Dicovitsky / Kendal TillDukas
Linden Public Relations
CipherMining@DLPR.com

^¹ Includes January power sales estimates (based on current meter data and nodal prices) equivalent to 1 bitcoin (using month-end bitcoin price of $102,297) and 29 BTC mined at JV data centers representing Cipher’s ownership

² Includes ~325 BTC pledged as collateral

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6a183532-b55f-42d1-ae4d-82b3ba284880

The MIL Network –

February 4, 2025

MIL-OSI: Synaptics Announces CEO Transition

Source: GlobeNewswire (MIL-OSI)

Michael Hurlston Steps Down as President and CEO to Pursue Another Opportunity
Ken Rizvi, CFO and Senior Vice President, Appointed Interim CEO
Company Reports Preliminary Financial Results for Fiscal Second Quarter 2025

SAN JOSE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) — Synaptics^® Incorporated (Nasdaq: SYNA) today announced a leadership transition under which Michael Hurlston is stepping down as President and Chief Executive Officer and as a member of the Board of Directors, effective immediately. As separately announced today, Hurlston will assume the role of CEO at Lumentum Holdings Inc.

Synaptics’ Board of Directors has appointed Ken Rizvi, Chief Financial Officer, as Interim CEO during this transition. In addition, Nelson Chan, Chairman of the Synaptics Board, will assume the role of Executive Chairman until a new CEO is named.

The Board has commenced a search for Synaptics’ next CEO and is in the process of engaging an executive search firm. The Board will consider both internal and external candidates.

“On behalf of the Board of Directors, I want to thank Michael for his invaluable contributions to Synaptics over the last five years and for his dedication to transforming the company into a driving force behind innovation and growth in AI at the Edge,” said Nelson Chan. “We are deeply grateful for his leadership, and we wish him well in his future endeavors. I am confident that Ken and Synaptics’ strong leadership team will ensure seamless execution during this transition. We are well positioned to continue delivering next-generation products and solutions to our customers and advancing our strategic goals.”

“It has been a privilege to work alongside the talented team at Synaptics, and I want to thank them for their dedication throughout this journey,” said Michael Hurlston. “I am extremely proud of Synaptics’ success, and the innovative and diversified portfolio of solutions that the company is delivering to customers around the world.”

“Michael has left an indelible mark on the company and built a strong foundation for the next phase of our growth,” said Ken Rizvi, CFO and Interim CEO. “We have enormous opportunities ahead and I look forward to working closely with the Board and the Synaptics leadership team to execute on our growth roadmap and capitalize on the increasing demand for our products and solutions.”

In connection with today’s announcement, Synaptics released preliminary financial results for the second quarter of fiscal 2025. The company expects fiscal Q2 revenue of $267 million. On a GAAP and non-GAAP basis, the company expects gross margin to be in line with the mid-point of the guidance provided on November 7, 2024, operating expenses to be slightly above the mid-point of the guidance, and EPS to be above the mid-point of the guidance. The guidance provided on November 7, 2024 is shown below:



	GAAP	Non-GAAP Adjustment	Non-GAAP

Revenue	$265M ± $15M	N/A	N/A

Gross Margin*	45.0 percent ± 1.5 percent	$23M	53.5 percent ± 1.0 percent

Operating Expense**	$136M ± $4M	$40M ± $2M	$96M ± $2M

Earnings (loss) per share***	($0.45) ± $0.20	$1.30	$0.85 ± $0.20

* Projected Non-GAAP gross margin excludes intangible asset amortization and share-based compensation.
** Projected Non-GAAP operating expense excludes share-based compensation, restructuring costs, and acquisition and integration related costs.
*** Projected Non-GAAP earnings per share excludes share-based compensation, restructuring costs, acquisition and integration related costs, and other non-cash and Non-GAAP tax adjustments.

Synaptics will provide further financial details when it reports second quarter fiscal 2025 results on Thursday, February 6, 2025, after the market closes. The company will host a conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET) during which management may discuss forward-looking information. 

To participate on the live call, analysts and investors should pre-register at Synaptics Q2 FY2025 Earnings Call Registration.

The preliminary financial results for the second quarter of fiscal 2025 are preliminary and are subject to completion and may change as a result of management’s continued review. Such preliminary financial results are subject to the finalization of quarter-end financial and accounting procedures. As a result, the preliminary financial results may materially differ from the actual results when they are completed and publicly disclosed.

About Synaptics Incorporated 
Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play. Follow Synaptics on LinkedIn, X, and Facebook, or visit www.synaptics.com.

Cautionary Statement Regarding Forward-Looking Statements 
This press release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements related to the company’s current expectations and projections relating to its financial condition, results of operations, including the preliminary financial results for the second quarter of fiscal 2025, plans, including the company’s search for a CEO, objectives, future performance and business. Such forward-looking statements may include words such as “expect,” “anticipate,” “intend,” “believe,” “estimate,” “plan,” “target,” “strategy,” “continue,” “may,” “will,” “should,” variations of such words, or other words and terms of similar meaning. All forward-looking statements are based upon the company’s current expectations or various assumptions. The company’s expectations and assumptions are expressed in good faith, and the company believes there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including risks related to the completion of the company’s quarter-end financial and accounting procedures, the company’s dependence on its solutions for the Core IoT and Enterprise and Automotive product applications market for a substantial portion of its revenue; the volatility of the company’s net revenue from its solutions for Core IoT and Enterprise and Automotive product applications; the company’s dependence on one or more large customers; the company’s exposure to industry downturns and cyclicality in its target markets; the company’s ability to successfully offer product solutions for new markets; the company’s expectations regarding technology and strategic investments and the anticipated timing or benefits thereof; the company’s ability to execute on its cost reduction initiatives and to achieve expected synergies and expense reductions; the company’s ability to maintain and build relationships with its customers; the company’s dependence on third parties to maintain satisfactory manufacturing yields and deliverable schedule; the company’s indemnification obligations for any third party claims; the uncertainty surrounding macroeconomic factors in the United States, and globally, impacting the supply chain environment, inflationary pressure, workforce reductions, regional instabilities and hostilities (including the conflict in the Middle East), the company’s ability to recruit and retain key personnel, and other risks as identified in the “Risk Factors,” “Management’ Discussion and Analysis of Financial Condition and Results of Operations” and “Business” sections of the company’s most recent Annual Report on Form 10-K and the company’s most recent Quarterly Report on Form 10-Q; and other risks as identified from time to time in the company’s Securities and Exchange Commission reports. For any forward-looking statements contained in this or any other document, the company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and the company assumes no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.

For further information, please contact: 

Investor Relations 
Munjal Shah 
Synaptics 
+1-408-518-7639
munjal.shah@synaptics.com

Media Contact 
Neeta Shenoy
Synaptics 
+1-408-425-2654
neeta.shenoy@synaptics.com

The MIL Network –

February 4, 2025

MIL-OSI: Nokia Corporation: Repurchase of own shares on 03.02.2025
Source: GlobeNewswire (MIL-OSI)

Nokia Corporation
Stock Exchange Release
3 February 2025 at 22:30 EET

Nokia Corporation: Repurchase of own shares on 03.02.2025

Espoo, Finland – On 3 February 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*

XHEL 872,093 4.43

CEUX – –

BATE – –

AQEU – –

TQEX – –

Total 872,093 4.43

* Rounded to two decimals

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

Total cost of transactions executed on 3 February 2025 was EUR 3,867,209. After the disclosed transactions, Nokia Corporation holds 236,903,084 treasury shares.

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

On behalf of Nokia Corporation

BofA Securities Europe SA

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

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

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

Inquiries:

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

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

Attachment
- Daily Report 2025-02-03
The MIL Network –
February 4, 2025
MIL-OSI: First National Bank Alaska Declares Dividend for First Quarter 2025

Source: GlobeNewswire (MIL-OSI)

ANCHORAGE, Alaska, Feb. 03, 2025 (GLOBE NEWSWIRE) — At the Board of Directors Meeting held January 30, 2025, a cash dividend of $4.00 per share was declared, payable on March 17, 2025, to shareholders of record as of February 28, 2025.

CONTACT: Cheri Gillian
Secretary to the Board of Directors
907-777-3409

The MIL Network –

February 4, 2025
MIL-OSI: Brand Engagement Network to Present at the Small Cap Growth Virtual Investor Conference on February 6th
Source: GlobeNewswire (MIL-OSI)

JACKSON, Wyo., Feb. 03, 2025 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (“BEN” or the “Company”) (Nasdaq: BNAI), a global leader in secure and reliable conversational AI solutions, today announced that Paul Chang, CEO, will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on February 6^th, 2025.

DATE: February 6^th
TIME: 2:00 PM ET
LINK: https://bit.ly/42JmFaP
Available for 1×1 meetings: February 6^th and 7^th

This will be a live, interactive online event inviting investors to ask the company questions in real-time. If attendees cannot join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com.

Why BEN?
- High-Growth Market Leader: BEN is positioned to capture opportunities in the $30B conversational AI industry with tailored, impactful solutions. Unlike generalist AI models that rely on expensive GPUs, BEN AI’s small language models run efficiently on CPUs, offering unmatched scalability and cost-effectiveness for businesses.
- Proven Innovation and Technology: With 21 granted and 27 pending patents, BEN leads in personalization, adaptive AI, and secure integration. Cataneo’s MYDAS platform optimizes advertising for major broadcasters like Disney and BBC, unlocking new revenue streams.
- Industry Versatility: BEN’s scalable AI-powered solutions transform customer engagement across industries, including automotive, healthcare, and media, creating measurable impact and value.
- Commitment to Trust and Security: BEN AI ensures transparency, reliability, and U.S.-based data security with HIPAA and SOC2 compliance. Its Virginia-hosted servers and offline capabilities make it ideal for regulated industries like healthcare.
- Visionary Leadership: BEN’s leadership team has the expertise to drive industry transformation and maintain its position at the forefront of customer engagement.
Recent Company Highlights:
- Transformational Acquisition: BEN recently announced the acquisition of Cataneo GmbH, a media technology leader managing over €5 billion in annual media spend. This $19.5 million deal combines BEN’s Generative AI with Cataneo’s Mydas platform, setting a new benchmark in global media engagement and interactive advertising.
- Strategic Partnerships: The Company has partnered with Kangaroo Health, IntelliTek, and INTERVENT to advance AI-driven solutions in healthcare, enhancing patient engagement, chronic care management, and operational efficiency.
- Expanding Market Reach: BEN continues to explore new verticals and applications for its AI solutions, positioning the company to capture untapped opportunities and deliver sustained growth.
About BEN
Brand Engagement Network Inc. is a global leader in providing secure and reliable conversational AI solutions for businesses and consumers. With offices in Jackson, Wyoming, and Seoul, South Korea, BEN offers a powerful and flexible platform that enhances customer experiences, boosts productivity, and delivers business value. At the heart of BEN’s offerings are AI-powered digital assistants and lifelike avatars, providing more personal and engaging experiences through browsers, mobile applications, and even life-size kiosks. These safe, intelligent, and inherently scalable AI solutions empower businesses to efficiently serve customers using validated data delivered through SaaS, Private Cloud, and On-Premises technology. BEN’s commitment to data sovereignty ensures that consumer and business data remain private, protected, and wholly owned by the respective parties. BEN’s mission is to make AI friendly and helpful for all, ensuring more people benefit from the AI-enhanced world. For more information about BEN’s safe, intelligent, scalable AI, please visit www.beninc.ai.

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.

BEN Contacts:
Investor Relations
Susan Xu
E: sxu@allianceadvisors.com
P: 778-323-0959

Media Contact
Amy Rouyer
E: amy@beninc.ai
P: 503-367-7596

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

Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are not historical facts and involve risks and uncertainties that could cause actual results of BEN to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “anticipates,” “believes,” “continue,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “projects,” “should,” “will,” or “would,” or, in each case, their negative or other variations or comparable terminology.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside BEN’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission.

BEN cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. BEN does not undertake nor does it accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, and it does not intend to do so unless required by applicable law. Further information about factors that could materially affect BEN, including its results of operations and financial condition, is set forth under “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission.

The MIL Network –
February 4, 2025
MIL-OSI: Willis appoints Paul Graziano Growth Leader for Corporate Risk and Broking, North America

Source: GlobeNewswire (MIL-OSI)

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business, (Nasdaq: WTW), today announced the appointment of Paul Graziano as Growth Leader for North America. Graziano will focus on driving the development of a consistent framework to unify our revenue growth efforts across Willis in North America.

Graziano has more than thirty years of industry experience. He joins Willis from Marsh, where he was most recently Managing Director and Global Engagement Partner. He also brings extensive experience working with C-suite executives from Fortune 500 companies, as well as entrepreneurs, COIs and emerging growth companies. Previously, Graziano was Chief Business Development Officer at JLT, prior to its acquisition by Marsh in 2019. Before joining JLT, he spent 18 years at Aon as an Executive Vice President with numerous leadership roles.

Graziano is based in Denver and is a graduate of Indiana University.

Commenting on Graziano’s appointment, Adam Garrard, Chairman, Global Risk and Broking, said, “I am delighted to welcome Paul to the Willis team. His extensive experience focused on growth strategies and unique solutions for clients with complex risk profiles aligns perfectly with the growth plans for Willis in North America.”

About WTW

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

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

Learn more at wtwco.com.

Media Contact

Douglas Menelly
Douglas.Menelly@wtwco.com +1 (516) 972 0380

The MIL Network –

February 4, 2025
MIL-OSI: Red Cat Holdings to Host Investor and Analyst Day on February 27, 2025, in New York City

Source: GlobeNewswire (MIL-OSI)

SAN JUAN, Puerto Rico, Feb. 03, 2025 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, will host an Investor and Analyst Day on Thursday, February 27 from 11:00 a.m. – 1:00 p.m. eastern time at the Nasdaq MarketSite in New York City.

The event will feature presentations by Jeff Thompson, Red Cat’s CEO; Geoffrey Hitchcock, Red Cat’s chief revenue officer and other members of the executive leadership team. Robert Imig, Head of USG Research and Development at Palantir Technologies, Inc. (Nasdaq: PLTR) will also present a roadmap for its recently announced strategic partnership with RedCat.

Registration for the event is available on the Investor Relation’s section of Red Cat’s website https://redcat.red/investor-day/. Registrants that are not attending in person will be emailed a link to a video recording of the event once it is available.

About Red Cat Holdings, Inc.

Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed-wing VTOL for extended endurance and range, and FANG™, the industry’s first line of NDAA-compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.

Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

Contact:

INVESTORS:
E-mail: Investors@redcat.red

NEWS MEDIA:
Phone: (347) 880-2895
Email: peter@indicatemedia.com

The MIL Network –

February 4, 2025
MIL-OSI: DDB Miner Unveils Sustainable Cloud Mining Solution with Unmatched Profit Potential
Source: GlobeNewswire (MIL-OSI)

BIRMINGHAM, United Kingdom, Feb. 03, 2025 (GLOBE NEWSWIRE) — DDB Miner is making headlines with its latest innovation in cloud mining, combining sustainability with high profitability. As the cryptocurrency market expands, DDB Miner is leading the charge by harnessing renewable energy to power its mining operations. This groundbreaking approach not only reduces costs but also integrates surplus electricity into the grid, allowing investors to maximize their returns effortlessly.

The Rise of New Energy Cloud Mining

Cloud mining has become a preferred choice for cryptocurrency enthusiasts due to its accessibility and convenience. Unlike traditional mining, which requires expensive hardware and technical expertise, cloud mining allows users to participate in crypto mining effortlessly. DDB Miner simplifies this process by enabling users to rent mining algorithms from remote data centers and receive a share of the profits without managing complex setups.

DDB Miner: Simplified Cloud Mining for Maximum Profit

DDB Miner takes cloud mining to the next level with a user-friendly platform designed for both beginners and seasoned investors. With over 100 mining farms worldwide and more than 500,000 mining devices powered by renewable energy, DDB Miner has earned the trust of over 9 million users. The platform’s seamless experience ensures that anyone can participate in crypto mining, turning passive income dreams into reality.

Unprecedented Earning Potential

What sets DDB Miner apart is its high-yield potential. Users can earn up to $7,950 per day, making it one of the most lucrative cloud mining platforms available. This passive income model allows investors to generate substantial earnings without requiring extensive knowledge or involvement in the mining process.

Security and Sustainability: A Trustworthy Investment

Security and transparency are at the core of DDB Miner’s operations. The platform ensures user funds are protected while maintaining compliance with industry regulations. By utilizing clean energy sources, DDB Miner not only maximizes profits but also minimizes its environmental footprint, making it a truly sustainable investment opportunity.

Key Benefits of DDB Miner
- Instant $12 sign-up bonus upon registration.
- Daily high-profit payouts with no hidden fees.
- Multi-cryptocurrency support including BTC, ETH, DOGE, SOL, USDT, XRP, and more.
- Referral program offering up to $22,000 in bonuses.
- Top-tier security with McAfee® and Cloudflare® protection.
- 24/7 live technical support and guaranteed 100% uptime.
How to Get Started with DDB Miner
1. Register an Account – Sign up quickly with an email and start mining immediately.
2. Choose a Mining Contract – Select from a range of investment plans, starting from $100.
3. Earn Daily Profits – Enjoy steady returns with minimal effort.
4. Withdraw Earnings or Reinvest – Withdraw once profits reach $100 or reinvest for compounded growth.
Affiliate Program: Earn Without Investment

For those looking to earn additional income, DDB Miner offers an exclusive affiliate program where users can refer others and earn commissions up to $22,000. With unlimited referrals, earning potential is limitless.

Start Earning Today!

If you’re seeking a passive income opportunity, DDB Miner is your gateway to financial growth. With a seamless platform, secure infrastructure, and unmatched profitability, DDB Miner is reshaping the future of cloud mining.

Visit the official website: https://ddbminer.com
Download the mobile app from: Google Play or Apple Store.

Media Contact:
Katerina Audrey
DDB Miner Media Relations
Email: info@ddbminer.com
Website: https://ddbminer.com/xml/index.html#/

Disclaimer: This press release is provided by “DDB Miner”. The statements, views, and opinions expressed in this content are solely those of the sponsor and do not necessarily reflect the views of this media platform. 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 as financial, investment, or trading advice. Investing in cloud mining and 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2c9d354d-05af-457e-8d13-52b5c50b86b4

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b24d451-f2c2-4834-b447-daf15d4cce9c

The MIL Network –
February 4, 2025
MIL-OSI: Donegal Group Inc. Announces Release Date for Fourth Quarter and Full-Year 2024 Results

Source: GlobeNewswire (MIL-OSI)

MARIETTA, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for fourth quarter and full-year ended December 31, 2024, on Thursday, February 20, 2025, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release.

At approximately 8:30 am ET on Thursday, February, 20, 2025, the Company will make available in the Investors section of its website a pre-recorded audio webcast featuring management commentary by Kevin Burke, President and Chief Executive Officer; Jeffrey Miller, Executive Vice President and Chief Financial Officer; and select members of the senior management team. A pre-recorded question and answer session will follow formal remarks by management. Questions for consideration should be submitted via e-mail to investors@donegalgroup.com by 5:00 pm ET on Thursday, February 13, 2025.

About Donegal Group Inc.

Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty lines of insurance in 21 Mid-Atlantic, Midwestern, Southern and Southwestern states. Donegal Mutual Insurance Company and its insurance subsidiaries conduct business together with the insurance subsidiaries of Donegal Group Inc. as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively. The Company is focused on several primary strategies, including achieving sustained excellent financial performance, strategically modernizing its operations and processes to transform its business, capitalizing on opportunities to grow profitably and providing superior experiences to its agents, customers and employees.

Investor Relations Contact

Karin Daly
Vice President, The Equity Group Inc.
Phone: (212) 836-9623
E-mail: kdaly@equityny.com

The MIL Network –

February 4, 2025
MIL-OSI: Euronext upgraded from ‘BBB+, Positive Outlook‘ to ‘A-, Stable Outlook‘ by S&P
Source: GlobeNewswire (MIL-OSI)

Euronext upgraded from ‘BBB+, Positive Outlook‘ to ‘A-, Stable Outlook‘ by S&P

Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 3 February 2025 – Euronext, the leading pan-European market infrastructure, today announces the decision of S&P to upgrade Euronext from ‘BBB+, Positive Outlook’ to ‘A-, Stable Outlook’.

S&P’s decision reflects the completion of the integration of the Borsa Italiana Group, the successful expansion of Euronext Clearing and the continued deleveraging thanks to the Group’s strong cash flow generation.

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext, said:
“We are pleased today to see Euronext’s rating upgraded by S&P to A-. This upgrade is a strong recognition of the success of the transformation journey we engaged in since the closing of the acquisition of the Borsa Italiana Group. We have pursued our deleveraging path, from 3.2x net debt to EBITDA at the closing of the transaction, to 1.5x at the end of Q3 2024. In the meantime, we continued to return capital to our shareholders, including through our ongoing €300 million share repurchase programme, which was launched in November 2024.
Euronext is today stronger than ever, with a diversified business profile. Combined with our recognised solid financial position and cash generation, we are in the ideal position to achieve our ambitious targets set out in our new strategic plan ‘Innovate for Growth 2027’.”
Download S&P report

CONTACTS

ANALYSTS & INVESTORS – ir@euronext.com

Investor Relations        Aurélie Cohen

        Judith Stein        +33 6 15 23 91 97

MEDIA – mediateam@euronext.com

Europe        Aurélie Cohen         +33 1 70 48 24 45

        Andrea Monzani         +39 02 72 42 62 13

Belgium        Marianne Aalders         +32 26 20 15 01

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

Ireland        Andrea Monzani         +39 02 72 42 62 13

Italy         Ester Russom         +39 02 72 42 67 56

The Netherlands        Marianne Aalders         +31 20 721 41 33

Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10

Portugal         Sandra Machado        +351 91 777 68 97

Corporate Services        Coralie Patri         +33 7 88 34 27 44

About Euronext

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

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

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

Disclaimer

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

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

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

Attachment
- 2025_Euronext_PR_S&P upgrade
The MIL Network –
February 4, 2025
MIL-OSI: Woodbridge International Announces Sale of YES LLC and ENETK LLC to Kelso Industries

Source: GlobeNewswire (MIL-OSI)

NEW HAVEN, Conn., Feb. 03, 2025 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, YES LLC and ENETK LLC by Kelso Industries.

YES LLC, an electrical contractor, and ENETK LLC, an automation, integration and instrumentation company are located within the energy-rich State of North Dakota. Together, their comprehensive electrical and automation service offerings cover all project stages including preplanning, preconstruction and construction. The company services a diverse customer base active in various industries such as oil production, natural gas processing, midstream gathering systems, refining facilities, automation and integration, prefabrication services and commercial services.

Kelso Industries, headquartered in Phoenix, Arizona is the Nation’s Preferred MEP+ Solutions Partner. They lead the industry in mechanical, electrical, plumbing, and HVAC service and maintenance.

Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business. Woodbridge is a Mariner Company.

For more information, contact Don Krier, dkrier@woodbridgegrp.com or, at 203-389-8400 x201.

The MIL Network –

February 4, 2025

MIL-OSI: Correction: 2024 financial statements: significant reduction in net loss

Source: GlobeNewswire (MIL-OSI)

PRESS RELEASE

2024 financial statements: significant reduction in net loss

Evry, 03 February 2025 – 5:45pm: Global Bioenergies’ Board of Directors today approved the 2024 annual financial statements, which have been audited by the Statutory Auditor and show a significantly reduced loss of €-5.9M.

Samuel Dubruque, Chief Financial Officer of Global Bioenergies, comments: “In two years, we have managed to halve our net loss (€-12.0M in 2022, €-8.7M in 2023 and €-5.9M in 2024). The Company has reorganized itself to match its new partnership development model, which enables us to reduce expenses by optimizing allocated resources. We anticipate that 2025 will result in a further reduced net loss.

We are also holding discussions with our banking partners to negotiate the payment schedule of our debts, aiming at postponing any repayments beyond 2025, which would extend our financial visibility with our current cash position until September 2025. If we were unable to reach an agreement with our banking partners in the coming months, new financing would be required to meet our debt repayments”.

Marc Delcourt, co-founder and CEO of Global Bioenergies, adds: “Our new technical approach, which will combine our technology with the one of a major international industrialist, will enable us to drastically reduce the CAPEX¹and OPEX²of isobutene production and its conversion into SAF. We can now set our sights very high in this field: to take over from HEFA, the only commercially exploited technology to date, but which will soon plateau because it relies on limited resources (used cooking oil and tallow oil). We are more convinced than ever of the need to provide decarbonizing solutions in a world that sometimes seems resigned to global warming and its many consequences”.

Group Profit & Loss Account

€ thousands	from 01/01/24 to 30/12/2024 12 months	from 01/01/23 to 31/12/2023 12 months	from 01/01/22 to 31/12/2022 12 months

Operating income	4,692	8,910	1,715
Operating expenses	-11,436	-18,621	-14,907
Operating profit (loss)	-6,744	-9,711	-13,192

EBITDA	-4,428	-6,878	-11,383

Financial profit	59	107	-95
Non-recurring items	-428	-239	-147
Income tax (CIR)	-1,251	-1,187	-1,447

Net income (loss)	-5,861	-8,656	-11,986

Details of operating income

Details of operating income (€ thousands)	2024	2023	2022
Sales	361	3,249	698
Operating subsidies	4,188	2,698	895
Change in inventories	-312	1,530	-118
Other	455	1,432	240
TOTAL	4,692	8,910	1,715

Operating income consists mainly of operating subsidies recognized under the Isoprod and Prénidem projects from ADEME.

Details of operating expenses

Details of operating expenses (€ thousands)	2024	2023	2022
Staff	4,174	4,553	4,287
Laboratory	390	346	343
Industrialization/Commercialization	1,506	8,778	6,713
Rentals and maintenance	1,060	1,034	850
Intellectual property	320	390	323
Amortization	2,386	1,590	703
Other	1,600	1,931	1,688
TOTAL	11,436	18,621	14,907

Operating expenses have decreased mainly on industrialization and production items, as the work carried out during the first half of the year on the demo plant at Pomacle Bazancourt was brought to completion. No such expenditure was necessary in the second half of the year.

Group Balance Sheet

Assets (€ thousands)	*31/12/24*	*31/12/23*	*31/12/22*	Liabilities (€ thousands)	*31/12/24*	*31/12/23*	*31/12/22*

Intangible assets	69	327	539	Capital	908	906	749
Tangible assets	486	2,471	3,612	Share premium	–	10,538	16,029
Assets under construction	–	77	401	Balance carried forward	-918	-2,769	-2,708
Financial assets	349	341	1,546	Profit (loss)	-5,861	-8,656	-11,986
				Equipment subsidies	129	2,758	463

NON-CURRENT ASSETS	904	3,217	6,097	EQUITY	-5,742	2,778	2,547

Inventories	402	219	2,592	PROVISIONS	198	53	110
Receivables	3,144	2,247	3,647	Conditional advances and loans	13,088	12,451	11,486
Cash	4,692	11,673	8,768	Trade payables	1,475	2,411	5,580
Marketable securities	171	171	173	Tax and social security liabilities	625	559	502
Prepaid expenses	338	378	300	Other debts and deferred income	7	3	1,352

CURRENT ASSETS	8,746	15,038	15,480	PAYABLES and DEFERRED INCOME	15,195	15,423	18,921

TOTAL ASSETS	9,651	18,254	21,577	TOTAL LIABILITIES	9,651	18,254	21,577

The Group’s balance sheet shows a gross cash position of €4.7M at 31 December 2024. The Company is currently holding discussions with its banking partners to negotiate the payment schedule of debts. Excluding bank repayments, monthly cash consumption is around €0.6M.

2024 highlights and recent events

2024 was marked by the efforts made and then the decision to stop the search for financing the project to build a 2,500-ton plant dedicated to cosmetics, in a general context that was highly unfavorable to financing first industrial projects. The Company then decided to redirect its efforts in SAF by forging partnerships with major manufacturers to strengthen the competitiveness of its process by 2030. In the meantime, the Company is maintaining its ambitions in the cosmetics sector, which serves as a steppingstone for the SAF market (same molecules, same process).

As a reminder, the Company’s process is one of only a dozen solutions to be ASTM certified. The Company has developed a process for producing SAF from plant-based resources, and has also demonstrated through a proof-of-concept that its process could be used to produce e-SAF, i.e. from a resource derived from the combination of CO₂ and hydrogen produced from renewable electricity, in this case e-acetic acid, which could be produced by industrial players in the future. Europe favors the use of e-SAFs going forward, as they have the advantage over bio-SAFs of not requiring plant products or agricultural or forestry land.

As part of its strategic repositioning, the Company announced today³ that it has signed a Term Sheet with a major international industrialist to co-develop a SAF production process combining its technology with the partner’s proprietary technology. This combination will significantly reduce capital expenditure and production costs, making it the most promising technology to take over after the HEFA⁴ process.

About GLOBAL BIOENERGIES

As a committed player in the fight against global warming, Global Bioenergies has developed a unique process to produce SAF and e-SAF from renewable resources, thereby meeting the challenges of decarbonising air transport. Its technology is one of the very few solutions already certified by ASTM. Its products also meet the high standards of the cosmetics industry, and L’Oréal is its largest shareholder with a 13.5% stake. Global Bioenergies is listed on Euronext Growth in Paris (FR0011052257 – ALGBE).

Contacts

1 CAPEX: Capital Expenditures
2 OPEX: Operational Expenses
3 Press Release: Signature of a term sheet to combine two technologies and bring SAF production to the next level, 03 February 2025
4 HEFA: Hydroprocessed Esters and Fatty Acids

Attachment

Global Bioenergies_2024 financial statements-significant reduction in net loss_030225_VEN

The MIL Network –

February 4, 2025

MIL-OSI: GameFi GOLD RUSH: $MASH Presale Explodes Past $1M

Source: GlobeNewswire (MIL-OSI)

LONDON, Feb. 03, 2025 (GLOBE NEWSWIRE) — ‘GameFi’ the gaming with finance sectors have been changing gears and are constantly approaching a new milestone, and the launch of some known projects such as Monsta Mash and a few others have changed the old school mentality of one seeking opportunity to earn with playing.

The data available shows that the GameFi market is expected to reach $126 billion in the near future, and to this massive figure $MASH the utility token of the Monsta Mash ecosystem has majorly contributed and continues to contribute by luring hundreds of new investors and traditional gamers.

The opportunity to become a millionaire is ending soon!

$MASH token has gathered huge attention in its ongoing phase 3 of pre-sale, till press time the total raised amount by the token was $ 1,030,985 and in the ongoing phase it is priced at $0.00365 and in the next pre-sale which is phase 4 the token will be priced at $0.00671.

The total raised amount in the ongoing sale signifies the hidden potential that an investor should explore and grab to become a millionaire in 2025.

Thousands of whales have reportedly invested in $MASH, and worth noting that thanks to the ones who adopted the Mash token to explore the new potential the Mash ecosystem has offered a bonus code ‘MONSTA50’ for the ones who left the chance to invest in the hero of the GameFi.

The growth between the current pre-sale and the fourth pre-sale is approximately 84%. Don’t miss the opportunity to invest in the “Bitcoin” of the current GameFi market – act now before it’s too late to capitalize on this potential millionaire-making opportunity in 2025.

Monsta stands top of all GameFi

The growing popularity of GameFi over traditional gaming has opened new doors for firms and institutions to help transform the pre-existing gaming industry with the usage of blockchain technology.

The application “Cryptids – Monsta Mash” is available for download on the Google Play Store and Apple App Store.

The GameFi project Monsta Mash is gaining attention for its unique mechanism, it is built on the Solana blockchain, known for its speed and scalability. The number of GameFi projects on Solana has grown in recent quarters as it achieves new milestones with advanced technology and an experienced team.

The presale accelerated the last week of December 2024 due to the Tap-to-Earn game launched on Christmas the gaming spree and a growing community have increased Monsta Mash’s popularity, attracting more investor gamers.

Join Pre Sale | Twitter | Telegram

Contact Us:

Name: Mukul Anand
Email: support@cryptidsgame.io
PR Manager

Disclaimer: This content is provided by Cryptids Game. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d76a8881-1edc-4800-ada1-8080b01e9435

The MIL Network –

February 4, 2025
MIL-OSI: GL Communications Advances Ethernet Testing with the Latest PacketExpert™ 10GX
Source: GlobeNewswire (MIL-OSI)

GAITHERSBURG, Md., Feb. 03, 2025 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom testing solutions, addressed the press regarding their latest release of the PacketExpert™ 10GX, used for testing Ethernet and IP networks and individual network infrastructure.

[For illustration, refer to https://www.gl.com/images/Newsletter/packetexpert-10gx-newsletter.jpg]

Vijay Kulkarni, CEO of GL Communications, states, “The PacketExpert™ is a multi-functional Ethernet tester that supports both electrical and optical interfaces. It can conduct a wide range of tests, including Bit Error Rate Testing, Smart Loopback Testing, RFC 2544, ITU-T Y.1564 testing to verify service level agreements, Wide Area Network Emulation, Packet Recording and Playback, Multi-stream UDP/TCP Traffic Generation, Wirespeed Ethernet Tap, and TCP Throughput Testing (RFC 6349). It supports speeds up to 10 Gbps across electrical and single-mode and multi-mode optical interfaces. GL also offers compatible SFPs and fiber-optic cables, providing a ready-to-use testing solution.”

A single PacketExpert™ 10GX device features two 10/2.5/1 Gbps ports and two 10/100/1000 Mbps ports, all of which support both electrical and optical connections. The device is fully compatible with all SFP and SFP+ modules available on the market.

Controlled via a Windows^® PC through a USB connection, the PacketExpert™ offers an intuitive Graphical User Interface (GUI) for configuring test parameters, starting and stopping tests, viewing real-time graphs and statistics, and exporting results.

For larger testing environments, rack-mount variants of the PacketExpert™ 10GX are available. These enclosures can house up to six devices, delivering a total of 24 GigE ports. Additionally, the solution includes optional licensing for Python and C# Scripting, enabling automation and repetitive testing workflows.

Other key features include:
- 10 Mbps, 100 Mbps (Base-T and Base-FX), 1G, 2.5G, 10G speeds
- Electrical and Optical (SFP and SFP+) interfaces
- Wirespeed Bit Error Rate Testing
- RFC 2544 – Throughput, latency, frame loss, and back-to-back performance tests
- Aggregated Ethernet network tap and filter. Can include 12 TTL triggers based on user defined packet detection
- ITU-T Y.1564 – Test service level agreements
- Wirespeed packet capture and playback
- Layer wise Testing – Ethernet, Stacked VLAN (Q-in-Q), Stacked MPLS, IP, UDP
- Smart loopback (auto layer detection) and layer-wise loopback testing
- TCP Throughput Testing – according to the RFC 6349 standard
- Multi stream traffic generation and analysis – send and receive multiple UDP streams and measure throughput, packet loss, delay, jitter, and packet reordering at full wirespeed
- Generate frame sizes from 64 bytes to 16000 bytes
- Emulate impairments such as congestion, latency, loss, jitter, and packet reordering
- Playback previously recorded traffic with precise time stamping to emulate real world traffic
About GL Communications Inc.,

GL Communications is a global provider of telecom test and measurement solutions. GL’s solutions are used to verify the quality and reliability of Wireless, Fiber Optic, TDM and Analog networks.

Warm Regards,

Vikram Kulkarni, PhD

Phone: 301-670-4784 x114

Email: info@gl.com

The MIL Network –
February 4, 2025

MIL-OSI: RUBIS: Transactions carried out within the framework of the share buyback programme (excluding transactions within the liquidity agreement) – 27 to 31 January 2025

Source: GlobeNewswire (MIL-OSI)

Paris, 3 February 2025, 06:00pm

Issuer Name: Rubis (LEI: 969500MGFIKUGLTC9742)
Category of securities: Ordinary shares (ISIN: FR0013269123)
Period: From 27 to 31 January 2025

Upon the authorisation granted by the Ordinary Shareholders’ Meeting held on 11 June 2024 to implement a share buyback program, the Company carried out, between 27 to 31 January 2025, the repurchases of its own shares in order to transfer them to employees and/or corporate officers of the Company and/or companies related to it in the context of a shareholding plan.

Aggregate presentation per day and per market:

Name of issuer	Identification code of issuer (Legal Entity Identifier)	Day of transaction	Identification code of financial instrument	Aggregated daily volume (in number of shares)	Daily weighted average price of the purchased shares *	Market (MIC Code)
RUBIS	969500MGFIKUGLTC9742	27/01/2025	FR0013269123	2,668	24.7824	AQEU
RUBIS	969500MGFIKUGLTC9742	27/01/2025	FR0013269123	12,385	24.7926	CEUX
RUBIS	969500MGFIKUGLTC9742	27/01/2025	FR0013269123	3,311	24.7927	TQEX
RUBIS	969500MGFIKUGLTC9742	27/01/2025	FR0013269123	24,115	24.7972	XPAR
RUBIS	969500MGFIKUGLTC9742	28/01/2025	FR0013269123	2,533	24.9753	AQEU
RUBIS	969500MGFIKUGLTC9742	28/01/2025	FR0013269123	12,207	24.9777	CEUX
RUBIS	969500MGFIKUGLTC9742	28/01/2025	FR0013269123	3,402	24.9745	TQEX
RUBIS	969500MGFIKUGLTC9742	28/01/2025	FR0013269123	24,017	24.9735	XPAR
RUBIS	969500MGFIKUGLTC9742	29/01/2025	FR0013269123	2,516	24.8467	AQEU
RUBIS	969500MGFIKUGLTC9742	29/01/2025	FR0013269123	11,979	24.8569	CEUX
RUBIS	969500MGFIKUGLTC9742	29/01/2025	FR0013269123	3,440	24.8613	TQEX
RUBIS	969500MGFIKUGLTC9742	29/01/2025	FR0013269123	23,712	24.8586	XPAR
RUBIS	969500MGFIKUGLTC9742	30/01/2025	FR0013269123	2,691	25.1200	AQEU
RUBIS	969500MGFIKUGLTC9742	30/01/2025	FR0013269123	12,580	25.1201	CEUX
RUBIS	969500MGFIKUGLTC9742	30/01/2025	FR0013269123	3,629	25.1160	TQEX
RUBIS	969500MGFIKUGLTC9742	30/01/2025	FR0013269123	24,419	25.1217	XPAR
RUBIS	969500MGFIKUGLTC9742	31/01/2025	FR0013269123	2,000	25.2381	AQEU
RUBIS	969500MGFIKUGLTC9742	31/01/2025	FR0013269123	10,000	25.2418	CEUX
RUBIS	969500MGFIKUGLTC9742	31/01/2025	FR0013269123	3,000	25.2404	TQEX
RUBIS	969500MGFIKUGLTC9742	31/01/2025	FR0013269123	20,800	25.2464	XPAR
* Four-digit rounding after the decimal			TOTAL	205,404	24.9915

Detailed presentation per transaction:

Detailed information on the transactions carried out from 27 to 31 January 2025 is available on the Company’s website (www.rubis.fr) in the section “Investors – Regulated information – Share buyback programme”.

	Contact
	RUBIS – Legal Department
	Tel. : + 33 (0)1 44 17 95 95

Attachment

RUBIS: Transactions carried out within the framework of the share buyback programme (excluding transactions within the liquidity agreement) – 27 to 31 January 2025

The MIL Network –

February 4, 2025

MIL-OSI: Skyward Specialty to Host Fourth Quarter 2024 Earnings Call Wednesday, February 26, 2025

Source: GlobeNewswire (MIL-OSI)

HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty” or “the Company”) expects to issue its fourth quarter 2024 earnings results after the market closes on Tuesday, February 25th which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

Skyward Specialty will host its earnings call to review the fourth quarter 2024 financial results on Wednesday, February 26 at 9:30 a.m. EDT.

Investors may access the live audio webcast via the link on the Company’s investor site at investors.skywardinsurance.com/ under Events & Presentations. Additionally, investors can access the earnings call via conference call by registering via the conference link. Users will receive dial-in information and a unique PIN to join the call upon registering.

A webcast replay will be available two hours following the call in the same location on the Company’s investor website.

About Skyward Specialty

Skyward Specialty (NASDAQ: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions — Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety and Transactional E&S.

Skyward Specialty’s subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.

For investor relations information contact:

Natalie Schoolcraft
nschoolcraft@skywardinsurance.com
614-494-4988

The MIL Network –

February 4, 2025

MIL-OSI: Coface : agreement to acquire Cedar Rose Group, strengthening its information services in the Middle East and Africa

Source: GlobeNewswire (MIL-OSI)

Coface: agreement to acquire Cedar Rose Group, strengthening its information services in the Middle East and Africa

Paris, 3 February 2025 – 17.35

Coface announces that it has signed an agreement with Mr. Antoun Massaad and Mrs. Christina Massaad, co-founders of the company, to acquire the Cedar Rose Group.

With over 25 years’ experience, Cedar Rose is one of the leading providers of business information solutions in the Middle East and Africa region. In a region where information is difficult to access and with positive economic growth outlook, Cedar Rose has built up a vast business network enabling it to produce data whose quality is recognized by its customers, including a number of multinationals.

Following the acquisition, Cedar Rose will become Coface’s information provider in the region, for both credit insurance and information services sales. All Coface’s customers will benefit from enhanced Coface data.

This external growth operation will enable Coface to further strengthen its information production capabilities in areas where information is not readily available. This acquisition aligns perfectly with the objectives of Power the Core ‘s strategic plan, which notably focuses on data excellence.

The closing of the acquisition is subject to customary closing conditions.

Ernesto de Martinis, CEO for Mediterranean and Africa region said:

“This acquisition enables Coface to strengthen its position in a zone that promises strong growth, where information remains difficult to obtain, and in which Coface has now been operating for many years. We look forward to welcoming Cedar Rose’s teams to Coface and to working with their partners in the region.”

Antoun Massaad, Cedar Rose Group’s CEO and co-founder said:

“We are delighted to join the Coface team in the Mediterranean & Africa region (MAR). This acquisition is a major milestone in the Cedar Rose story, and I believe it will supercharge Coface’s business information strategy. We are confident that our company, our employees and our international partners will all benefit from this smart strategic alliance.”

CONTACTS

ANALYSTS / INVESTORS
Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

MEDIA RELATIONS
Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

FINANCIAL CALENDAR 2025
(subject to change)

FY-2024 results: 20 February 2025 (after market close)
Q1-2025 results: 5 May 2025 (after market close)
Annual General Shareholders’ Meeting: 14 May 2025
H1-2025 results: 31 July 2025 (after market close)
9M-2025 results: 3 November 2025 (after market close)

FINANCIAL INFORMATION
This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

Les documents distribués par COFACE SA sont sécurisés et authentifiés avec Wiztrust.
Vous pouvez vérifier l’authentification sur le site www.wiztrust.com.

COFACE: FOR TRADE
With over 75 years of experience and the most extensive international network, Coface is a leader in trade credit insurance & risk management, and a recognised provider of Factoring, Debt Collection, Single Risk insurance, Bonding, and Information Services. Coface’s experts work to the beat of the global economy, helping around 100,000 clients in 100 countries build successful, growing, and dynamic businesses. With Coface’s insight and advice, these companies can make informed decisions. The Group’ solutions strengthen their ability to sell by providing them with reliable information on their commercial partners and protecting them against non-payment risks, both domestically and for export. In 2023, Coface employed ~4,970 people and registered a turnover of €1.87 billion.

www.coface.com

COFACE SA est cotée sur le Compartiment A d’Euronext Paris
Code ISIN : FR0010667147 / Mnémonique : COFA

DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2023 Universal Registration Document filed with AMF on 5 April 2024 under the number D.24-0242 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

Attachment

2025 02 03 PR Cedar Rose acquisition agreement

The MIL Network –

February 4, 2025

MIL-OSI: 2024 financial statements: significant reduction in net loss

Source: GlobeNewswire (MIL-OSI)

PRESS RELEASE

2024 financial statements: significant reduction in net loss

Group Profit & Loss Account

€ thousands	from 01/01/24 to 30/12/2024 12 months	from 01/01/23 to 31/12/2023 12 months	from 01/01/22 to 31/12/2022 12 months

Operating income	4,692	8,910	1,715
Operating expenses	-11,436	-18,621	-14,907
Operating profit (loss)	-6,744	-9,711	-13,192

EBITDA	-4,428	-6,878	-11,383

Financial profit	59	107	-95
Non-recurring items	-428	-239	-147
Income tax (CIR)	-1,251	-1,187	-1,447

Net income (loss)	-5,861	-8,656	-11,986

Details of operating income

Details of operating income (€ thousands)	2024	2023	2022
Sales	361	3,249	698
Operating subsidies	4,188	2,698	895
Change in inventories	-312	1,530	-118
Other	455	1,432	240
TOTAL	4,692	8,910	1,715

Operating income consists mainly of operating subsidies recognized under the Isoprod and Prénidem projects from ADEME.

Details of operating expenses

Details of operating expenses (€ thousands)	2024	2023	2022
Staff	4,174	4,553	4,287
Laboratory	390	346	343
Industrialization/Commercialization	1,506	8,778	6,713
Rentals and maintenance	1,060	1,034	850
Intellectual property	320	390	323
Amortization	2,386	1,590	703
Other	1,600	1,931	1,688
TOTAL	11,436	18,621	14,907

Group Balance Sheet

Assets (€ thousands)	*31/12/24*	*31/12/23*	*31/12/22*	Liabilities (€ thousands)	*31/12/24*	*31/12/23*	*31/12/22*

Intangible assets	69	327	539	Capital	908	906	749
Tangible assets	486	2,471	3,612	Share premium	–	10,538	16,029
Assets under construction	–	77	401	Balance carried forward	-918	-2,769	-2,708
Financial assets	349	341	1,546	Profit (loss)	-5,861	-8,656	-11,986
				Equipment subsidies	129	2,758	463

NON-CURRENT ASSETS	904	3,217	6,097	EQUITY	-5,742	2,778	2,547

Inventories	402	219	2,592	PROVISIONS	198	53	110
Receivables	3,144	2,247	3,647	Conditional advances and loans	13,088	12,451	11,486
Cash	4,692	11,673	8,768	Trade payables	1,475	2,411	5,580
Marketable securities	171	171	173	Tax and social security liabilities	625	559	502
Prepaid expenses	338	378	300	Other debts and deferred income	7	3	1,352

CURRENT ASSETS	8,746	15,038	15,480	PAYABLES and DEFERRED INCOME	15,195	15,423	18,921

TOTAL ASSETS	9,651	18,254	21,577	TOTAL LIABILITIES	9,651	18,254	21,577

2024 highlights and recent events

About GLOBAL BIOENERGIES

Contacts

Attachment

Global Bioenergies_2024 financial statements-significant reduction in net loss_030225_VEN

The MIL Network –

February 4, 2025

MIL-OSI: Signature of a term sheet to combine two technologies and bring SAF production to the next level
Source: GlobeNewswire (MIL-OSI)

PRESS RELEASE

Signature of a term sheet to combine two technologies and bring SAF production to the next level

Evry, 03 February 2025 – 05:45 p.m.: Global Bioenergies has signed a term sheet with a large international industrialist (undisclosed) to co-develop a process leading to Sustainable Aviation Fuels (“SAF”) at a reduced cost and an improved CO₂reduction. This process will rely on the combination of Global Bioenergies’ bio-isobutene process and the industrialist’s proprietary technology. Such combination, which reached early proof-of-concept stage, would have a decisive competitive advantage among the existing SAF technologies, aiming at relaying the current SAF production based on used cooking oil.

Marc Delcourt, co-founder and CEO of Global Bioenergies, states: “Following our ASTM certification during the summer 2023, we have teamed up with a large industrialist who had identified a perfect match between their technology and Global Bioenergies’. The combination of both technologies would result in a process overcoming the two major barriers for SAF production: capex and opex costs.”

As of today, the only commercial technologies are the HEFA process and its co-processing variation, both based on used cooking oil and animal tallow oil. These resources are soon to plateau, and the SAF community is now focused on identifying the best suited technology to take the relay.

Frédéric Ollivier, CTO at Global Bioenergies, comments:” The combination of the two technologies will lead to a much simpler and straightforward process to produce SAF, designed for implementation in existing facilities. Such combination could lower feedstock, capex, and processing costs very substantially, and utilize existing biorefinery assets such as corn dry mills, after minor retrofitting, limiting main investment to the downstream stages of converting isobutene into SAF. CO₂savings would also be improved. We already obtained early proof of concept, and are now preparing for the next phase.”

If developments are successful, the technology will be ready to take up mandated and targeted SAF volumes from 2030 and beyond.

The SAF market just passed the 1 million tons per year mark (0.3% of global jet fuel production) in 2024¹ and is expected to reach 16 million tons annually in 2030 and up to 250 million tons per year by 2050², due to the European increasing SAF mandates and the American ‘Grand Challenge’. A growing number of countries, including the UK, Japan and Singapore, are also progressively putting mandates in place.

Martin Stephan, CBO at Global Bioenergies, concludes:” The accomplishment of this vision, where SAF production follows an exponential growth, will encounter a serious hurdle coming from the investment needs. IATA estimates that 3 840 billion dollars investment will be necessary in the next 30 years¹ to building the corresponding facilities and reach net zero. Our combination of technologies, aimed at reducing capex by 4 folds if compared to other SAF technologies, already finds interested ears in the industry. These new perspectives can also be transposed to the cosmetics sector, which remains our stepping stone market.”

About GLOBAL BIOENERGIES

As a committed player in the fight against global warming, Global Bioenergies has developed a unique process to produce SAF and e-SAF from renewable resources, thereby meeting the challenges of decarbonising air transport. Its technology is one of the very few solutions already certified by ASTM. Its products also meet the high standards of the cosmetics industry, and L’Oréal is its largest shareholder with a 13.5% stake. Global Bioenergies is listed on Euronext Growth in Paris (FR0011052257 – ALGBE).

Contacts

1 IATA (International Air Transport Association), December 2024 – IATA
2 SAF market outlook 2024, SkyNRG – SAF-Market-Outlook-2024-Summary.pdf

Attachment
- Global Bioenergies_Signature of a Term Sheet to combine two technologies and bring SAF production to the next level_030225_VEN
The MIL Network –
February 4, 2025
MIL-OSI: Bitcoin Depot Adds Additional $5 Million in Bitcoin to its Treasury Holdings

Source: GlobeNewswire (MIL-OSI)

ATLANTA, Feb. 03, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it has purchased an additional $5 million in Bitcoin as part of its treasury strategy, first announced in June of last year.

With yesterday’s purchase of 51 BTC, the Company now holds 71.5 Bitcoin in its treasury, substantially increasing its position in the leading cryptocurrency.

“Adopting Bitcoin as part of our treasury strategy underscores our long-standing belief in Bitcoin as a significant financial asset and a store of value,” said Brandon Mintz, CEO of Bitcoin Depot. “We have always believed in providing easy access to Bitcoin for everyone, and this move reaffirms our confidence in Bitcoin’s potential for growth. Given the recent accounting standards update, it also allows our shareholders to benefit from future BTC appreciation.”

About Bitcoin Depot
Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with approximately 8,400 kiosk locations as of December 31, 2024. Learn more at www.bitcoindepot.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

Contacts:

Investors 
Cody Slach
Gateway Group, Inc. 
949-574-3860 
BTM@gateway-grp.com

Media 
Brenlyn Motlagh, Ryan Deloney 
Gateway Group, Inc.
949-574-3860 
BTM@gateway-grp.com

The MIL Network –

February 4, 2025
MIL-OSI: Viventium Expands Scheduling Software with Open Shift Management, Enhancing Scheduling Flexibility and Streamlining Operations for Skilled Nursing Facilities and Senior Living Communities

Source: GlobeNewswire (MIL-OSI)

BERKELEY HEIGHTS, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) — Viventium, the leading SaaS-based human capital management platform serving the healthcare industry, announces the addition of Open Shift Management to Viventium Scheduling, Viventium’s proprietary and innovative workforce management tool tailored to facilities and communities in the healthcare industry. Open Shift Management boosts staffing and compliance by enabling employees to apply for open shifts on their mobile devices while providing administrators with the data to quickly and confidently grant the shifts to the most suitable employees with the click of a button. The feature minimizes the risk of understaffing and reduces costs and reliance on staffing agencies.

Open Shift Management is custom-built to help facilities and communities achieve staffing quotas and ratios by reducing last-minute callouts. It helps keep staffing priorities clear by highlighting shifts requiring immediate attention and providing comprehensive employee insights at every request for data-driven decisions while complying with union and organizational rules.

“Open Shift Management is a robust feature of Viventium Scheduling that promotes a balanced approach as it improves scheduling efficiency, increases employee engagement, and reduces the stress of last-minute staffing gaps,” said Navin Gupta, CEO of Viventium. “We remain committed to addressing the complex staffing requirements impacting skilled nursing facilities and senior living communities by creating this collaborative environment for smooth, transparent staffing operations.”

“Our software suite is consistently optimized from the direct feedback of our clients,” said Zishe Glauber, CPO of Viventium. “Viventium’s Open Shift Management addition to our workforce management solution stands out because it is specifically tailored to the needs of facility- and community-based care.”

About Viventium

Viventium provides a SaaS-based human capital management solution that is focused on the healthcare industry. The company’s mission is to enrich the lives of caregivers through technology so they love going to work every day. By providing specialized software and expert guidance, Viventium helps its clients throughout the lifecycle of each caregiver. The company has clients in all 50 states and supports over 500,000 client employees each year.

For more information about Viventium, visit https://www.viventium.com or follow @viventium on LinkedIn and X.

Contact: press@viventium.com

The MIL Network –

February 4, 2025
MIL-OSI: Bio-Convert Develops QR-02, a Potential Breakthrough in the Treatment of Oral Leukoplakia

Source: GlobeNewswire (MIL-OSI)

BEVERLY HILLS, California, Feb. 03, 2025 (GLOBE NEWSWIRE) — Bio-Convert ApS (“Bio-Convert”), a subsidiary of Nordicus Partners Corporation (OTCQB: NORD) (“Nordicus” or the “Company”), a financial consulting company specializing in supporting Nordic and U.S. life sciences companies in establishing themselves in the U.S. market, announces the groundbreaking development of QR-02, a unique and proprietary oral topical treatment designed to address oral leukoplakia with moderate to severe dysplasia, a potentially precancerous condition affecting millions worldwide.

Addressing a Critical Unmet Medical Need

Oral leukoplakia is characterized by white patches or plaques in the mouth, and when accompanied by dysplasia (abnormal cell growth), it becomes a marker of disease progression. Alarmingly, 10-30% of these patients may develop oral cancer, which has a five-year mortality rate exceeding 50%.

With 15.5 million oral leukoplakia patients in the U.S. and EU alone, there is an urgent need for an effective treatment to prevent disease progression. Given that 80% of leukoplakia lesions occur in the oral cavity, a therapy that remains in place for an extended period is critical for success.

QR-02: A Game-Changing Approach

Bio-Convert’s QR-02 introduces a novel mucoadhesive oral formulation designed to adhere to the oral cavity for an extended period of 12-24 hours—a major advancement over traditional treatments, which last only 15-20 minutes due to the washout effect of saliva. This extended retention period significantly enhances drug efficacy and improves patient outcomes.

QR-02’s active ingredient, imiquimod, is already FDA-approved for treating Actinic Keratosis, External Genital Warts, and Superficial Basal Cell Carcinoma (sBCC)—all superficial skin conditions. However, QR-02 is uniquely formulated for oral application, providing new hope for patients with oral leukoplakia and may also be beneficial in treating conditions that subsequently could occur in such patients.

Potential for a Transformative Impact

The goal of QR-02 is to treat and reduce dysplasia levels, potentially offering a curative solution for oral leukoplakia, an outcome that would mark a significant breakthrough in oral medicine. By treating oral leukoplakia at an early stage, QR-02 may potentially have a positive health impact in patients with collateral symptoms.

Advancing Toward Clinical Validation

Bio-Convert is actively progressing QR-02 through its development pipeline, with plans to validate its efficacy through pilot clinical trials and bring this life-changing treatment to market. As Bio-Convert continues to push the boundaries of oral medicine innovation, QR-02 is a major step forward in preventing oral leukoplakia from developing into more severe conditions.

“We are incredibly proud of this invention and the impact it will have on patients,” said Allan Wehnert, CEO & Founder of Bio-Convert. “Our hope is that patients may return to a normal life and, potentially, be cured of their illness.”

For further information, contact:

Mr. Henrik Rouf
Chief Executive Officer
Phone +1 310 666 0750
Email hr@nordicuspartners.com

Investor Relations
Jonathan Paterson
Harbor Access Investor Relations
Jonathan.Paterson@Harbor-Access.com
Tel +1 475 477 9401

About Nordicus Partners Corporation

Nordicus Partners Corporation is the only U.S. publicly traded business accelerator and holding company for Nordic life sciences companies. Leveraging decades of combined management experience in domestic and global corporate sectors, Nordicus excels in corporate finance activities including business and market development, growth strategies, talent acquisition, partnership building, capital raising, and facilitating company acquisitions and sales. In 2024, Nordicus acquired 100% of Orocidin A/S, a Danish preclinical-stage biotech company developing next-generation therapies for periodontitis and 100% of Bio-Convert ApS, a Danish preclinical-stage biotech company dedicated to revolutionizing the treatment of oral leukoplakia. For more information about Nordicus, please visit: www.nordicuspartners.com, and follow us on LinkedIn, X, Threads and BlueSky.

Cautionary Note Regarding Forward-Looking Statements:

This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. Any forward-looking statement made by us in this press release speaks only as of the date on which we make it. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

The MIL Network –

February 4, 2025
MIL-OSI: Demand for Skills & Competency Solutions Propel Kahuna’s Growth
Source: GlobeNewswire (MIL-OSI)

HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) — Kahuna Workforce Solutions, a leading skills and competency management SaaS platform, continues to gain momentum as more organizations embrace skills-based workforce strategies. With remarkable company growth across its customer base, product offerings and partnerships, Kahuna is well-positioned to build on this success and drive greater impact in 2025.

“Kahuna’s growth this past year is a testament to the trust our customers place in us to solve mission-critical workforce challenges,” said Jai Shah, chief executive officer of Kahuna. “We’ve strengthened our team, expanded our technology, and deepened our industry partnerships—all with a relentless focus on delivering real value. As we move forward in 2025, I’m excited about what’s ahead: a growing community of customer advocates, a strong go-to-market strategy and evolving technology solutions to meet our customers’ needs.”

Key Milestones from 2024:
- Customer Growth: Kahuna saw a 31% increase in new customers, welcoming enterprise organizations across healthcare, manufacturing, energy and field service.
- Customer Satisfaction: Kahuna’s commitment to long-term success for customers is reflected in a 98% Gross Dollar Retention Rate and a 116% Net Dollar Retention Rate. The company also earned top recognition from G2, including badges for Best Support, Users Most Likely to Recommend, Easiest to Do Business With and Highest User Adoption.
- Strategic Industry Collaboration: New partnerships with PXO and Amplifire and collaboration with one of the top-rated hospital networks in the world, expanded market reach and delivered greater value to customers. The Kahuna Advisory Board (KAB) also grew by 221%, strengthening knowledge sharing among Kahuna customers.
- Product Innovation: Kahuna continued to enhance its product offerings, with new solutions launching in 2025 that will help organizations leverage skills data for career development, operational efficiency and workforce planning.
- Investments: Memorial Hermann Health System deepened its partnership with Kahuna by becoming an investor, reinforcing a shared commitment to developing innovative solutions that help build more resilient, future-ready workforces.
- Team Growth: Kahuna expanded its team significantly, with key leadership additions including Vijay Kalvakuntla as chief financial officer, Diane Mitchell as chief marketing officer and Jeff Durand as vice president of channels and business development.
With a strong foundation in place, Kahuna is set to continue helping customers use validated skills data to build more agile workforces and operate more effectively in 2025, and beyond.

About Kahuna Workforce Solutions
Kahuna Workforce Solutions is a leading skills and competency management SaaS platform designed for operations, learning and human resources. The platform provides enterprises with validated skills data, offering valuable insights into workforce capabilities, aligning talent supply and demand and maximizing training investments. Kahuna helps organizations build a more skilled, adaptable, and competitive workforce. Learn more: kahunaworkforce.com

The MIL Network –
February 4, 2025
MIL-OSI: Altcoin.University Empowers Crypto Startups with Revenue-Sharing Guide Submissions

Source: GlobeNewswire (MIL-OSI)

Cheyenne , WY , Feb. 03, 2025 (GLOBE NEWSWIRE) — Altcoin.University, a premier educational hub for blockchain and cryptocurrency learning, is launching an innovative opportunity for crypto startups to showcase their projects while generating revenue. Through its new Project Course Submission Program, startups can submit educational guides about their projects on a revenue-sharing basis, providing valuable insights to learners while gaining visibility in the crypto community.

This initiative is designed to bridge the gap between emerging blockchain projects and an audience eager to understand and engage with the latest innovations in the industry. By offering founder-led or expert-curated courses, startups can educate users on their project’s mission, technology, tokenomics, and real-world applications—all while earning a share of the course revenue.

How It Works:
  1.   Submit a Guide – Crypto startups can propose and develop a structured educational guide tailored to their project.
  2.   Get Featured on Altcoin.University – Approved guides will be hosted on the platform, exposing them to a growing audience of blockchain learners.
  3.   Earn Revenue – Instructors and project teams will receive a percentage of the guides sales, creating a sustainable and educational promotional channel.

We believe that education is key to adoption. By allowing startups to create and monetize educational content, we’re fostering a more informed crypto ecosystem while giving projects a new way to connect with their audience

Altcoin.University invites Web3 projects, DeFi protocols, NFT platforms, and blockchain innovators to participate in this unique program. Whether launching a new token or building a decentralized application, startups can leverage this initiative to educate, engage, and expand their community.

Interested projects that are listed or about to be listed on an exchange can apply now at Altcoin.University to submit their guides submission for review. We will announce the chosen startups monthly underneath the submission form on the submission page.

For media inquiries, partnership opportunities, or more information, please contact:

Press Contact:
Email Support@altcoin.university
Telegram https://t.me/+xZblvGVxqF01ZDRh
Website https://Altcoin.University

The MIL Network –

February 4, 2025
MIL-OSI: Urbana Corporation Announces 2025 Winter Drilling Program

Source: GlobeNewswire (MIL-OSI)

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

TORONTO, Feb. 03, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A)

Urbana Corporation is pleased to announce that it plans to conduct a winter drilling program on its 100% owned “Urban Township Project” in the coming weeks (the “Winter Drilling Program”). The objectives are (a) determining if the gold mineralization recently found near the boundary of Urbana’s gold project continues onto Urbana’s ground, (b) extending historical gold discoveries on strike and at depth in three different areas, and (c) testing select geophysical and geological targets for mineralization.

The Winter Drilling Program consists of up to 4,150 metres of drilling in the southern sector of Urbana’s claim group. The project is located near existing infrastructure, is accessible by road and is located between the nearby Windfall and Barry gold deposits, along the same geological feature.

The areas surrounding Urbana’s mining property have seen radical changes in recent years with the consolidation of claims into a couple of major companies, the advancement of gold deposits by Osisko Mining Inc. and Bonterra Resources, and most recently the acquisition of Osisko Mining Inc. by Gold Fields Limited, a large gold producer based out of South Africa with properties surrounding Urbana’s centrally located property. Management is excited about the prospect of significant findings from the Winter Drilling Program.

A review of additional data located in the northern sector of the project is underway. Data collected shows numerous gold prospects throughout the area which warrant a potential second drill program in late summer. PDF versions of the documents are available at www.urbanacorp.com and at www.sedarplus.ca.

Qualified Persons
Technical and scientific aspects of this news release have been reviewed, verified, and approved by Mathieu Stephens, P.Geo., the Qualified Person, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.

For further information contact:
Elizabeth Naumovski, Investor Relations
(416) 595-9106 enaumovski@urbanacorp.com

150 KING ST. WEST, SUITE 1702, TORONTO, ONTARIO M5H 1J9
TEL: 416-595-9106 FAX: 416-862-2498 www.urbanacorp.com

The MIL Network –

February 4, 2025

Key Metrics	January 2025
BTC Mined¹	219
BTC Sold	471
BTC Held²	1,091
Deployed Mining Rigs	75,000
Month End Operating Hashrate (EH/s)	13.5
Month End Fleet Efficiency (J/TH)	18.9

Trading venue (MIC Code)	Number of shares	Weighted average price / share, EUR*
XHEL	872,093	4.43
CEUX	–	–
BATE	–	–
AQEU	–	–
TQEX	–	–
Total	872,093	4.43