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Category: GlobeNewswire

  • MIL-OSI: CareCloud Achieves Record-Breaking Shareholder Turnout and Record Yes Votes to Approve Increase in Authorized Shares

    Source: GlobeNewswire (MIL-OSI)

    SOMERSET, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leading provider of healthcare technology and generative AI solutions for medical practices and health systems nationwide, today held its special meeting (“Special Meeting”) of CareCloud’s common stock shareholders. At the Special Meeting, a record-breaking 10.8 million shareholders, representing 85% of the votes cast, approved an amendment to the Company’s Certificate of Incorporation to increase the Company’s authorized shares of common stock from 35 million to 85 million shares.

    “We thank our shareholders for their overwhelming support of our proposal,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud.

    The detailed voting results are reflected in the Form 8-K to be filed today with the Securities and Exchange Commission (the “SEC”). Certain information contained in this press release is a summary of relevant portions of the Definitive Proxy Statement and other materials filed with the SEC. The entirety of the filings is available on the SEC’s website and on https://ir.carecloud.com/common-stock-special-proxy.

    About CareCloud

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

    To listen to video presentations by CareCloud’s management team, read recent press releases and view our latest investor presentation, please visit ir.carecloud.com.

    Follow CareCloud on LinkedIn, X and Facebook.

    Forward-Looking Statements

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

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

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

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

    SOURCE CareCloud

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

    Investor Contact:

    Stephen Snyder
    Co-CEO
    CareCloud, Inc.
    ir@carecloud.com 

    The MIL Network –

  • MIL-OSI: Radix and Celanese Partnership Leverages AI to Harness the Power of Industrial Data

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Jan. 27, 2025 (GLOBE NEWSWIRE) — Radix, a global technology solutions company at the forefront of industrial digital transformation, and Celanese, a global chemical and specialty material company, are proud to collaborate with Cognite, the global leader in data and AI for industry, on the development of JO.AI, a groundbreaking generative AI-powered solution designed to revolutionize operations in asset-intensive industries.

    Born from the successful development and implementation at Celanese by Radix through their engineering intelligence expertise – and powered by Cognite Data Fusion®, the market-leading DataOps and AI platform for enterprise-scale, complex industrial data management projects – JO.AI is poised to redefine how industrial manufacturers leverage data for enhanced productivity and operational excellence at scale.

    JO.AI will be showcased at the upcoming ARC Industry Leadership Forum 2025 taking place in Orlando, Florida, from February 10-13 under the theme “On the Ground: Accelerate. Optimize. Scale.” Radix will showcase and discuss how the powerful industrial solution is optimizing the future of smart digital manufacturing, directly addressing the challenges faced across industries such as Energy, Chemical, Manufacturing, Oil & Gas, Power Generation & Distribution, Pulp & Paper, and Metals, Mining & Minerals. Industrial manufacturers often struggle to unlock the full potential of their data, even with the presence of data aggregators.

    JO.AI solves this problem by acting as an advanced Industrial Copilot, enabling intuitive, natural language interaction with the Industrial Knowledge Graph provided by Cognite Data Fusion® to make complex data easier to access and action into intelligence tailored specifically for the process industry. JO.AI leverages Cognite Data Fusion’s unmatched data management and comprehensive AI infrastructure to enable the Gen AI application to carry out more complex operations with greater accuracy.

    With Cognite Data Fusion® as its backbone, JO.AI combines operational insights with pre-trained AI agents focused on specific process use cases. “AI has proven to be a valuable business catalyst in today’s dynamic manufacturing landscape, offering unparalleled opportunities for optimization and innovation,” said Sameer Purao, Senior Vice President and CIO at Celanese. “We developed JO.AI – in collaboration with Radix, on top of the robust data foundation provided by Cognite Data Fusion® – to harness the power of AI to improve efficiency, reduce costs and elevate overall productivity.

    Additionally, AI enables smart production through real-time data analysis, facilitating data-driven decisions, process optimization and swift response to market demand. Incorporating AI into our manufacturing operations is not just a technological advancement, but also a competitive advantage.”

    “Digital transformation, especially with AI-powered solutions, is only as strong as the data foundation it’s built upon,” said Bill Hendricks, President of Cognite Americas. “Cognite accelerates time-to-value by enabling seamless integration and management of complex industrial data, providing the essential infrastructure for innovative applications like JO.AI. Working alongside a forward-thinking partner like Radix, who shares our commitment to pushing the boundaries of industrial innovation, we empower organizations to unlock unprecedented value from their data and drive real operational impact.”

    JO.AI empowers operators and engineers in four key areas:

    1. Optimized Operator Rounds: JO.AI provides insights that ensure operations teams are focusing their rounds on the right checklists.

    2. Data-Driven Checklist Management: It recommends the optimal frequency of checklist items, identifies areas with high-volume issues, and highlights deviations.

    3. Balanced Workload: JO.AI helps ensure that the checklist workload is appropriate for each shift.

    4. Streamlined Maintenance: The solution facilitates maintenance and work notification opportunities, recommending resource plans and even assisting operators in writing work orders.

    “JO.AI represents a significant leap forward in the application of AI for industrial settings and asset intensive industries,” said Alex Clausbruch, CEO of Radix North America. “By combining Radix’s expertise in AI and software development with Celanese’s deep industry knowledge, we’ve created a solution that not only addresses the current challenges of data utilization but also unlocks new levels of efficiency and optimization. We believe JO.AI will be a game-changer for asset-intensive industries.”

    “The development of JO.AI is a testament to the power of collaboration and innovation,” added Justin Conroy, Vice President, Digital Product Portfolio at Radix. “We’ve worked closely with Celanese to ensure that JO.AI meets the specific needs of industrial operators worldwide. This solution is not just about technology; it’s about empowering people and teams with the insights they need to make better decisions and drive real business value.”

    Radix will be participating as a Gold Sponsor at the ARC Leadership Forum 2025 in Orlando next month with several opportunities to engage with industry leaders, customers, partners and learn more about JO.AI and its capabilities.

    About Radix

    Founded in 2010, Radix is a privately held global technology solutions company providing consulting, engineering, operations technology, and data and software technology solutions. Radix combines key capabilities and practices to empower customers to thrive along their digital transformation journey. Radix provides technology-based, data-driven solutions to industrial and non-industrial companies worldwide. Radix has experience leading projects in more than 30 countries and has more than 1,700+ employees around the globe, with North American headquarters in Houston, Texas, main headquarters in Rio de Janeiro, additional offices in Sao Paulo and Belo Horizonte, and a presence in Singapore and Amsterdam. To learn more, visit www.radixeng.com.

    About Celanese

    Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We are committed to sustainability by responsibly managing the materials we create for their entire lifecycle and are growing our portfolio of sustainable products to meet increasing customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese is a Fortune 500 company that employs approximately 12,400 employees worldwide with 2023 net sales of $10.9 billion.

    About Cognite

    Cognite makes Generative AI work for industry. Leading energy, manufacturing, and power & renewables enterprises choose Cognite to deliver secure, trustworthy, and real-time data to transform their asset-heavy operations to be safer, more sustainable, and more profitable. Cognite provides a user-friendly, secure, and scalable platform that makes it easy for all decision-makers, from the field to remote operations centers, to access and understand complex industrial data, collaborate in real time, and build a better tomorrow. Visit us at www.cognite.ai and follow us on LinkedIn and X.

    For more information:
    Citalouise Geiggar, Ph.D.
    citalouise.geiggar@radixeng.com 
    Radix

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/05e54c82-5dbb-4054-b519-e0f42ecc5bf1

    The MIL Network –

  • MIL-OSI: Credit Agricole SA : Crédit Agricole Personal Finance & Mobility finalizes the GAC Leasing equity project to support the growth of GAC Group’s electric vehicle sales in China

    Source: GlobeNewswire (MIL-OSI)

    Massy – January 27th, 2025

    Crédit Agricole Personal Finance & Mobility
    finalizes the GAC Leasing equity project to support the growth of GAC Group’s electric vehicle sales in China

    • CA Personal Finance & Mobility finalizes the planned acquisition of 50% of the equity interests of GAC Finance Leasing Co. Ltd. (GAC Leasing), which becomes Guangzhou GAC-Sofinco Finance Leasing Co Ltd (GAC-Sofinco Leasing), the leasing company of one of the largest Chinese manufacturers Guangzhou Automobile Group Co., Ltd. (GAC Group), via a reserved capital increase.
    • With this new joint venture, CA Personal Finance & Mobility will offer financial and operational leasing solutions on the Chinese market in 2025 and will thus promote the deployment of electric vehicles in China.
    • This transaction consolidates a partnership existing since 2009 between CA Personal Finance & Mobility and GAC Group with the creation of GAC-Sofinco AFC, a 50-50 joint venture. The latter operates throughout China and offers automotive financing and services to the GAC-Honda, GAC-Toyota, AION, HYPTEC and GAC Motor networks, serving more than 3,000 dealers.

    CA Personal Finance & Mobility becomes a 50% shareholder in GAC-Sofinco Leasing

    Following a reserved capital increase, CA Personal Finance & Mobility owns 50% of GAC-Sofinco Leasing. The company has been operating on the Chinese market since 2004 and offers financial and operational leasing solutions to GAC customers and its dealer network.

    Through this transaction, CA Personal Finance & Mobility and GAC group are strengthening the leasing offer proposed to Chinese customers, thereby stimulating the sale of electric vehicles, which already represent 60% of the leasing contracts of the new GAC-Sofinco Leasing on a portfolio of more than 200,000 vehicles.

    All necessary authorizations from competition authorities and competent regulators have been obtained. The impact on the CET1 ratio of Crédit Agricole S.A. and that of the Crédit Agricole group will be very limited. 

    « This transaction reaffirms the importance of our long-standing partnership with GAC group. It will enable us to support together and over the long term the development of the particularly dynamic electric automobile market in China. »

    Stéphane PRIAMI – CEO of Crédit Agricole Personal Finance & Mobility

    Key figures:

    • In 2023, GAC group was the 4th largest automotive group in China
    • More than 2.5 million vehicles sold in 2023 worldwide
    • 39,90% of electrified vehicles sold in 2023

    Press Contact

    Adeline Tardif
    presse@ca-cf.fr
    +33 (0)1 87 38 02 88 / +33 (0)6 20 18 84 92

    About Crédit Agricole Personal Finance & Mobility

    Crédit Agricole Personal Finance & Mobility is a leader in personal financing and a provider of access to all mobility solutions in Europe. It distributes directly, at the point of sale or on its partners’ e-commerce platforms, a wide range of financing solutions – amortizable credit, revolving credit, leasing and credit buyback – with associated services including insurance, split payment solutions and services dedicated to mobility, with the aim of meeting the challenges of energy transition in mobility, housing and consumption. Its financing solutions and services are offered in France via Sofinco, in Italy via Agos, in Germany via Creditplus, in Portugal via Credibom, in Spain via Sofinco Espana, in Morocco via Wafasalaf, and in China via GAC-Sofinco (automotive financing only). Crédit Agricole Personal Finance & Mobility aims to be the leader in electric mobility in Europe and offers a mobility continuum in the 22 countries where it is present (leasing, medium and short-term rental, subscription, car sharing, installation of charging stations, etc.). The company relies on Leasys, a joint venture equally owned by Stellantis, CA Auto Bank and Drivalia, the pan-European leader in automotive financing, rental and mobility, Crédit Agricole Mobility Services, a comprehensive service offering dedicated to mobility and the development of automotive financing in its universal subsidiaries in Europe and in Crédit Agricole Regional Banks and at LCL via Agilauto. CA Personal Finance & Mobility acts every day in the interest of its 17.2 million customers and society. As of December 31, 2023, CA Personal Finance & Mobility managed €113 billion in outstanding credit. More information: www.ca-personalfinancemobility.com

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    The MIL Network –

  • MIL-OSI: Planisware selected by Northrop Grumman to drive innovation and enhance operational excellence

    Source: GlobeNewswire (MIL-OSI)

    Planisware Enterprise selected by Northrop Grumman as enterprise-wide Program Management System to drive innovation and enhance operational excellence

    San Francisco, California, January 27, 2025 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, announced today that Northrop Grumman Corporation, a leading global aerospace and defense technology company, has selected Planisware Enterprise to serve as its enterprise-wide program management system.

    “We are honored to partner with Northrop Grumman as they continue to implement digital technologies across their business,” said Loic Sautour, Chief Executive Officer at Planisware. “Planisware will act as a key partner in their digital transformation efforts, streamlining portfolio management technology across the end-to-end product lifecycle.”

    Contacts

    Investor Relations: Benoit d’Amécourt
    benoit.damecourt@planisware.com
    +33 6 75 51 41 47

    Media: Brunswick Group
    Hugues Boëton / Tristan Roquet Montégon
    planisware@brunswickgroup.com
    +33 6 79 99 27 15 / +33 6 37 00 52 57

    About Planisware

    Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

    With more than 700 employees across 14 offices, Planisware operates at significant scale serving circa 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

    Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”).

    For more information, visit https://planisware.com/ and connect with Planisware on LinkedIn.

    Attachment

    The MIL Network –

  • MIL-OSI: RUBIS: Transactions carried out within the framework of the share buyback programme (excluding transactions within the liquidity agreement) – 20 to 24 January 2025

    Source: GlobeNewswire (MIL-OSI)

    Paris, 27 January 2025, 06:00pm

    Issuer Name: Rubis (LEI: 969500MGFIKUGLTC9742)
    Category of securities: Ordinary shares (ISIN: FR0013269123)
    Period: From 20 to 24 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 20 to 24 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 21/01/2025 FR0013269123 2,488 25.0174 AQEU
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 10,558 24.9677 CEUX
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 2,444 24.9598 TQEX
    RUBIS 969500MGFIKUGLTC9742 21/01/2025 FR0013269123 23,800 24.9288 XPAR
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 2,508 24.9153 AQEU
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 10,840 24.9125 CEUX
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 2,483 24.9325 TQEX
    RUBIS 969500MGFIKUGLTC9742 22/01/2025 FR0013269123 24,496 24.9205 XPAR
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 2,403 24.8564 AQEU
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 11,015 24.8576 CEUX
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 2,593 24.8509 TQEX
    RUBIS 969500MGFIKUGLTC9742 23/01/2025 FR0013269123 22,660 24.8559 XPAR
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 2,505 25.0306 AQEU
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 11,520 25.0218 CEUX
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 2,886 25.0233 TQEX
    RUBIS 969500MGFIKUGLTC9742 24/01/2025 FR0013269123 23,570 25.0212 XPAR
    * Four-digit rounding after the decimal TOTAL 158,769 24.9368  

    Detailed presentation per transaction:

    Detailed information on the transactions carried out from 20 to 24 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

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    The MIL Network –

  • MIL-OSI: Fluent, Inc. Named to Ad Age’s 2025 Best Places to Work List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading commerce media solutions company, today announced it has been recognized as one of Ad Age’s 2025 Best Places to Work, appearing on the list as #18.

    Ad Age Best Places to Work is an annual ranking of companies that set the standard in terms of pay, benefits, corporate culture, and leadership. The 2025 list honors 50 companies that demonstrated excellence and adaptability as the advertising industry and media landscape continued to evolve over the past year.

    With nearly 200 employees across the US and Canada, Fluent will continue to invest into its commerce media team as it executes a strategic pivot toward a growing suite of commerce media solutions.

    “We are honored to be recognized in Ad Age’s 2025 Best Places to Work rankings,” said Patrick Sweeney, VP of People at Fluent. “Our commitment to cultivating top talent and fostering a performance-driven culture allows us to deliver outstanding experiences for consumers and measurable results for clients. As an emerging leader in the commerce media space, we’re proud to celebrate this milestone as we continue to drive positive momentum for our business and people.”

    Fluent is dedicated to building a collaborative and supportive work environment where innovation and creativity thrive. Offering benefits that prioritize well-being and professional growth, employees enjoy access to mental health services, flexible paid time off and work schedules, and mentorship programs that connect junior staff with senior leaders. Fluent’s commitment to giving back is equally strong, with annual community service events and a generous donation-matching program empowering employees to support the causes they care about.

    “The companies on Ad Age’s 2025 Best Places to Work list have shown a deep commitment to building workplaces where employees truly want to be—no small feat in today’s challenging labor market,” said Dan Peres, President of Ad Age. “Earning this recognition isn’t just a win for company culture; it also strengthens an organization’s reputation, making it a more attractive place for top talent.”

    Ad Age produced Best Places to Work 2025 in partnership with Workforce Research Group, a research firm specializing in identifying and recognizing great places to work. The competition was open to agencies, ad tech firms, data and research firms, brand or corporate marketing departments or groups, and in-house agencies of marketers.

    Ad Age’s scoring system factors in employee responses and a company’s policies and practices on topics including pay and benefits, work/life balance, recruitment, training, and development. The winners reflect the highest overall numerical scores based on an analysis of questionnaires submitted by employers and survey responses from their employees.

    To see current job openings at Fluent, visit https://fluentco.com/careers/.

    About Fluent, Inc.

    Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging diverse ad inventory, robust first-party data, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights visit https://www.fluentco.com/.

    About Ad Age

    Created in 1930 to cover a burgeoning industry with objectivity, accuracy and fairness, Ad Age continues to be powered by award-winning journalism. Today, Ad Age is a global media brand focusing on curated creativity, data and analysis, people and culture, and innovation and forecasting.

    Contact Information

    Investor Relations
    Fluent, Inc.
    InvestorRelations@fluentco.com

    The MIL Network –

  • MIL-OSI: XMS Capital Partners Enhances Private Capital Raising and Merchant Banking Capabilities with the Addition of Paul Glover as Managing Director

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Jan. 27, 2025 (GLOBE NEWSWIRE) — XMS Capital Partners, LLC (“XMS”), a global, independent financial services firm focused on providing M&A, corporate advisory, capital raising and asset management services, is pleased to announce the addition of Paul Glover as Managing Director.

    “Paul brings exceptional expertise, connectivity and strategic thinking in XMS’ key sectors to the role. Paul has a unique blend of experience as an advisor, investor, operator and entrepreneur, providing the firm and our clients with invaluable insights and leadership. We see tremendous opportunity in expanding our capital raising and merchant banking capabilities,” said Ted Brombach, Co-Managing Partner at XMS.

    “I am very excited to be joining XMS in a role that enables me to bring to bear my various experiences to support the firm’s growth and enhance value for its clients,” said Mr. Glover. “I have great respect for the team and culture that XMS has built, and I look forward to working with my new colleagues.”

    About Paul Glover

    Mr. Glover joins XMS with over 30 years of experience in investment banking, capital markets, principal investing and strategic financial leadership. Based in New York City, Mr. Glover will work closely with XMS’ bankers in the US and Europe across sectors on capital raising and financing initiatives, as well as supporting the firm’s merchant banking activities.

    Most recently, Mr. Glover was Chief Financial Officer of CellPoint Digital, a payment orchestration platform, where he oversaw its finance, legal, HR and compliance functions. In addition, he also was involved in raising multiple financing rounds. Prior to CellPoint, Mr. Glover served as Head of Private Capital Markets at R.W. Pressprich, and as Chief Executive Officer of Bridgenorth Capital, a boutique investment bank he founded after working as a special situations investor at OneCapital Management. Mr. Glover previously held senior roles in capital markets at Bankers Trust and at Deutsche Bank where he sat on its Global Markets Management Committee as Global Co-Head of Structured Capital Markets. 

    About XMS Capital Partners
    XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory, capital raising and asset management services to clients. It has offices in Chicago, Boston, Dallas and London. For more information, please visit www.xmscapital.com.

    Media Contact
    Samantha Bailey
    XMS Capital Partners
    Phone: 312.262.5642
    www.xmscapital.com

    The MIL Network –

  • MIL-OSI: Intermediate Capital Group plc: Notification of Major Holdings

    Source: GlobeNewswire (MIL-OSI)

    TR-1: Standard form for notification of major holdings

    1. Issuer Details
    ISIN
    GB00BYT1DJ19 
    Issuer Name
    INTERMEDIATE CAPITAL GROUP PLC
    UK or Non-UK Issuer
    UK
    2. Reason for Notification
    An acquisition or disposal of voting rights
    3. Details of person subject to the notification obligation
    Name
    BlackRock, Inc.
    City of registered office (if applicable)
    Wilmington
    Country of registered office (if applicable)
    USA
    4. Details of the shareholder
    Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

    City of registered office (if applicable)

    Country of registered office (if applicable)

    5. Date on which the threshold was crossed or reached
    24-Jan-2025
    6. Date on which Issuer notified
    27-Jan-2025
    7. Total positions of person(s) subject to the notification obligation

    . % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer
    Resulting situation on the date on which threshold was crossed or reached 5.100000 0.290000 5.390000 15731231
    Position of previous notification (if applicable) 4.730000 0.380000 5.110000  

    8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
    8A. Voting rights attached to shares

    Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1)
    GB00BYT1DJ19   14840260   5.100000
    Sub Total 8.A 14840260 5.100000%

    8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

    Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
    Securities Lending     22727 0.000000
    Sub Total 8.B1   22727 0.000000%

    8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

    Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights
    CFD     Cash 868244 0.290000
    Sub Total 8.B2   868244 0.290000%

    9. Information in relation to the person subject to the notification obligation
    2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

    Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
    BlackRock, Inc. (Chain 1) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 1) Trident Merger, LLC      
    BlackRock, Inc. (Chain 1) BlackRock Investment Management, LLC      
    BlackRock, Inc. (Chain 2) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 2) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 2) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 2) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 2) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 2) BlackRock Holdco 3, LLC      
    BlackRock, Inc. (Chain 2) BlackRock Cayman 1 LP      
    BlackRock, Inc. (Chain 2) BlackRock Cayman West Bay Finco Limited      
    BlackRock, Inc. (Chain 2) BlackRock Cayman West Bay IV Limited      
    BlackRock, Inc. (Chain 2) BlackRock Group Limited      
    BlackRock, Inc. (Chain 2) BlackRock Finance Europe Limited      
    BlackRock, Inc. (Chain 2) BlackRock Investment Management (UK) Limited      
    BlackRock, Inc. (Chain 3) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 3) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 3) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 3) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 3) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 3) BlackRock Australia Holdco Pty. Ltd.      
    BlackRock, Inc. (Chain 3) BlackRock Investment Management (Australia) Limited      
    BlackRock, Inc. (Chain 4) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Holdco 4, LLC      
    BlackRock, Inc. (Chain 4) BlackRock Holdco 6, LLC      
    BlackRock, Inc. (Chain 4) BlackRock Delaware Holdings Inc.      
    BlackRock, Inc. (Chain 4) BlackRock Institutional Trust Company, National Association      
    BlackRock, Inc. (Chain 5) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Holdco 4, LLC      
    BlackRock, Inc. (Chain 5) BlackRock Holdco 6, LLC      
    BlackRock, Inc. (Chain 5) BlackRock Delaware Holdings Inc.      
    BlackRock, Inc. (Chain 5) BlackRock Fund Advisors      
    BlackRock, Inc. (Chain 6) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 6) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 6) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 7) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 7) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 7) BlackRock (Singapore) Holdco Pte. Ltd.      
    BlackRock, Inc. (Chain 7) BlackRock HK Holdco Limited      
    BlackRock, Inc. (Chain 7) BlackRock Asset Management North Asia Limited      
    BlackRock, Inc. (Chain 8) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 8) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 8) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 8) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 8) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 8) BlackRock Holdco 3, LLC      
    BlackRock, Inc. (Chain 8) BlackRock Cayman 1 LP      
    BlackRock, Inc. (Chain 8) BlackRock Cayman West Bay Finco Limited      
    BlackRock, Inc. (Chain 8) BlackRock Cayman West Bay IV Limited      
    BlackRock, Inc. (Chain 8) BlackRock Group Limited      
    BlackRock, Inc. (Chain 8) BlackRock Finance Europe Limited      
    BlackRock, Inc. (Chain 8) BlackRock (Netherlands) B.V.      
    BlackRock, Inc. (Chain 8) BlackRock Asset Management Deutschland AG      
    BlackRock, Inc. (Chain 9) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 9) BlackRock Canada Holdings ULC      
    BlackRock, Inc. (Chain 9) BlackRock Asset Management Canada Limited      
    BlackRock, Inc. (Chain 10) BlackRock Finance, Inc.      
    BlackRock, Inc. (Chain 10) BlackRock Holdco 2, Inc.      
    BlackRock, Inc. (Chain 10) BlackRock Financial Management, Inc.      
    BlackRock, Inc. (Chain 10) BlackRock International Holdings, Inc.      
    BlackRock, Inc. (Chain 10) BR Jersey International Holdings L.P.      
    BlackRock, Inc. (Chain 10) BlackRock Holdco 3, LLC      
    BlackRock, Inc. (Chain 10) BlackRock Cayman 1 LP      
    BlackRock, Inc. (Chain 10) BlackRock Cayman West Bay Finco Limited      
    BlackRock, Inc. (Chain 10) BlackRock Cayman West Bay IV Limited      
    BlackRock, Inc. (Chain 10) BlackRock Group Limited      
    BlackRock, Inc. (Chain 10) BlackRock Finance Europe Limited      
    BlackRock, Inc. (Chain 10) BlackRock Advisors (UK) Limited      

    10. In case of proxy voting
    Name of the proxy holder

    The number and % of voting rights held

    The date until which the voting rights will be held

    11. Additional Information
    BlackRock Regulatory Threshold Reporting Team

    Jana Blumenstein

    020 7743 3650
    12. Date of Completion
    27th January 2025
    13. Place Of Completion
    12 Throgmorton Avenue, London, EC2N 2DL, U.K.

    The MIL Network –

  • MIL-OSI: EBC Financial Group Partners with Shakti Regeneration Institute to Empower Marginalised Communities and Promote Indigenous Conservation Efforts

    Source: GlobeNewswire (MIL-OSI)

    RANAGHAT, India, Jan. 27, 2025 (GLOBE NEWSWIRE) — EBC Financial Group (EBC), a leading global financial brokerage, proudly announces its latest Corporate Social Responsibility (CSR) initiative through a strategic partnership with the Shakti Empowerment Education Foundation, part of the Shakti Regeneration Institute (SRI). This collaboration will support the Ramakrishna Vedanta Vidyapith school in West Bengal, India, providing 50 low-income students with access to essential educational materials, uniforms, vocational sewing classes, and extracurricular activities.

    Image copyright: Shakti Regeneration Institute

    This partnership forms part of EBC’s broader CSR strategy, which complements its role as a global financial brokerage, enabling access to global markets while promoting equitable education and sustainable development in communities where economic opportunities are limited.

    EBC Financial Group has supported the University of Oxford’s What Economists Really Do (WERD) public education series through the sponsorship of two episodes: The Economics of Tax Evasion in 2023 and Macroeconomics and Climate in November 2024. These episodes explore how economics can address significant societal issues and reflect EBC’s broader mission of empowering informed decision-making—a principle that also drives its global brokerage services, enabling individuals and institutions to confidently navigate financial markets. The WERD series is independently produced by the Department of Economics, showcasing its dedication to bridging academic research and real-world challenges.

    Together, these initiatives demonstrate EBC’s dedication to advancing educational access, promoting critical discourse, and addressing the interconnected challenges of socio-economic development and sustainability. Shifting focus to India, EBC’s partnership with SRI reinforces its mission to drive long-term societal change at the local level, equipping individuals with the tools to thrive and contribute to the development of their communities while promoting sustainable development at the grassroots level.

    In addition to this critical sponsorship, EBC’s leadership in global advocacy is reflected in its contributions to the upcoming documentary #TheRegenerationGeneration, an initiative of SRI directed by its founder, Indrani Pal-Chaudhuri. The film, which addresses the urgent need for regenerative finance and education, highlights the efforts of Nobel Prize-winners, innovators, business leaders, educators, and Indigenous leaders working together to protect vulnerable ecosystems and communities from the increasing threats of climate change. It also features interviews with David Barrett, CEO of EBC Financial Group (UK) Ltd., and Professor Teytelboym from the Department of Economics, Oxford University. EBC’s involvement across both social projects underscores its commitment to not only supporting local communities but also driving global awareness and action toward sustainable and equitable futures.

    Barrett expressed the strategic importance of this partnership: “At EBC, we recognise that the true power of education creates the foundation for transforming societies and creating pathways to lasting change. Our partnership with Shakti Regeneration Institute is more than a sponsorship—it reflects our dedication to uplifting the next generation, as we support the Ramakrishna Vedanta Vidyapith school in equipping marginalised children with the tools they need to thrive. Through our involvement in the #TheRegenerationGeneration 2025 documentary, we are amplifying the voices of Indigenous communities and supporting the preservation of their cultural and environmental heritage. Similarly, our collaboration with the University of Oxford’s Department of Economics on their WERD program underscores our dedication to enhancing global understanding of critical economic and societal issues. By investing in education at every level, we aim to create opportunities, promote equity, and address the challenges of our time. These efforts align seamlessly with our core values of integrity, responsibility, and sustainability.”

    Ajay Pal-Chaudhuri, Chairman and Founder of Shakti Regeneration Institute, remarked, “We are thrilled to announce our partnership with EBC Financial Group, a collaboration that embodies the convergence of corporate responsibility and global impact. Together, we embark on a transformative journey, combining our strengths in education and ecological advocacy to empower communities worldwide. With EBC’s support, we are not only empowering marginalised children through education but also raising global awareness about the critical challenges facing Indigenous communities and the plight of vulnerable ecosystems.”

    Foundational Values at the Heart of EBC’s Mission
    EBC’s commitment to making a meaningful difference aligns with its core values of dedication, responsibility, and integrity. By ensuring that financial resources are directed toward impactful projects, EBC exemplifies how corporate responsibility can foster real-world change, contributing to the welfare of communities and the preservation of ecosystems that sustain vulnerable populations. Operating under top-tier regulation, EBC combines its mission to equip investors with access to global markets such as currencies, indices, and commodities with impactful social investments that contribute to community welfare and sustainability.

    The Ramakrishna Vedanta Vidyapith school, which will celebrate the 25th anniversary of its founding in January 2025, has been a vital institution in the betterment of local communities in West Bengal. Through its educational programs, the school empowers children and women from marginalised backgrounds, helping them to break the cycle of poverty and contribute positively to their communities. EBC’s support enhances the school’s mission, helping to ensure that these children receive not only basic education but also vocational training and community-building opportunities that will prepare them for long-term success. More information about SRI and its mission can be found at www.shaktiregeneration.org.

    For more information about EBC’s causes and initiatives, please visit https://www.ebc.com/ESG.

    About EBC Financial Group
    Founded in the esteemed financial district of London, EBC Financial Group (EBC) is renowned for its services in financial brokerage and asset management. With offices strategically located in prominent financial centres such as London, Sydney, Hong Kong, Tokyo, Singapore, the Cayman Islands, Bangkok, Limassol, and more, EBC enables retail, professional, and institutional investors to access a wide range of global markets and trading opportunities, including currencies, commodities, shares, and indices.

    Recognised by multiple awards, EBC prides itself on adhering to leading levels of ethical standards and international regulation. EBC Financial Group’s subsidiaries are regulated and licensed in their local jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA), EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA), EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC).

    At the core of EBC Group are seasoned professionals with over 30 years of profound experience in major financial institutions, having adeptly navigated through significant economic cycles from the Plaza Accord to the 2015 Swiss franc crisis. EBC champions a culture where integrity, respect, and client asset security are paramount, ensuring that every investor engagement is treated with the utmost seriousness it deserves.

    EBC is the Official Foreign Exchange Partner of FC Barcelona, offering specialised services in regions such as Asia, LATAM, the Middle East, Africa, and Oceania. EBC is also a partner of United to Beat Malaria, a campaign of the United Nations Foundation, aiming to improve global health outcomes. Starting February 2024, EBC supports the ‘What Economists Really Do’ public engagement series by Oxford University’s Department of Economics, demystifying economics, and its application to major societal challenges to enhance public understanding and dialogue.

    https://www.ebc.com/

    Media Contact:
    Savitha Ravindran
    Global Public Relations Manager (EMEA, LATAM)
    savitha.ravindran@ebc.com

    Chyna Elvina
    Global Public Relations Manager (APAC, LATAM)
    chyna.elvina@ebc.com

    Douglas Chew
    Global Public Relations Lead
    douglas.chew@ebc.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/94dc67e3-5efc-46bb-9e48-0cb8ff3bce80

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7947de34-6137-46a2-b7e8-8183ecc273c4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a45a3118-2bc7-4f3b-af6b-c721195b1fef

    The MIL Network –

  • MIL-OSI: MamaBull Token to Reimagine Crypto with the Game-Changing Mamapay.io Platform

    Source: GlobeNewswire (MIL-OSI)

    MamaBull Token, built on Solana, is set to revolutionize crypto for developing countries with the upcoming Mamapay.io platform, which blends blockchain with real-world finance and offers generous rewards.

    SINGAPORE, Jan. 27, 2025 (GLOBE NEWSWIRE) — MamaBull Token ($MAMA), a highly anticipated cryptocurrency built on the Solana blockchain, will officially launch on January 27, 2025. Designed to symbolize strength and innovation in the crypto space, MamaBull offers a unique combination of speed, affordability, and real-world utility. The project’s dedicated website, mamabulltoken.com, is live and provides insights into the token’s features and upcoming developments.

    A key component of MamaBull’s ecosystem is Mamapay.io, an upcoming financial platform scheduled for April 2025. The platform aims to transform the way users manage and transfer assets globally. By integrating blockchain with traditional banking services, Mamapay.io delivers a seamless experience for handling crypto and fiat assets. With features such as offshore bank accounts, debit cards, and compliance-focused financial solutions, the platform ensures security and regulatory adherence for a user-friendly experience.

    Why MamaBull Token?

    MamaBull sets itself apart in the crypto market by utilizing Solana’s high-speed infrastructure, guaranteeing ultra-fast transactions and low fees. Dedicated to financial inclusion, MamaBull aims to offer accessible financial services to underserved regions, connecting decentralized finance (DeFi) with traditional banking systems.

    More than just a meme-inspired digital asset, MamaBull — dubbed “The Mother of All Streets” — delivers practical applications and long-term utility for holders while offering significant profit potential. As a memecoin with real utility, MamaBull presents an exciting opportunity for users to earn substantial returns by participating in its ecosystem.

    Through its staking and rewards system, MamaBull allows holders to generate passive income over time. Users who stake their $MAMA tokens on mamapay.io can expect generous returns, which will encourage long-term participation and foster ecosystem stability. The token’s design prioritizes community incentives, ensuring that loyal holders are well-rewarded for their commitment.

    Future cross-chain integrations with Ethereum and BNB Chain will further expand MamaBull’s reach. These integrations will ensure smooth connectivity across multiple blockchain networks and enhance users’ access to the DeFi ecosystem.

    Within the Mamapay.io ecosystem, $MAMA holders can access exclusive benefits, including cashback rewards, reduced transaction fees, and revenue-sharing opportunities. These benefits significantly increase the potential profits available to participants.

    Mamapay.io: A Game-Changer in Global Finance

    As a pivotal part of the MamaBull ecosystem, Mamapay.io is set to redefine global financial operations by merging blockchain technology with traditional finance. The platform will enable crypto-to-fiat conversions, simplifying cross-border transactions for users.

    By offering offshore banking solutions, Mamapay.io provides enhanced security and financial flexibility. Additionally, $MAMA-powered debit cards will allow seamless spending worldwide, integrating crypto into daily financial activities easily.

    Compliance remains a top priority for Mamapay.io. The platform fully complies with AML and KYC regulations to create a secure and trusted financial environment for all users.

    Security and Transparency

    Security and transparency are fundamental to MamaBull’s development, ensuring confidence among investors and users. The project’s smart contracts have been fully audited, and ownership has been renounced. Most importantly, minting operations have been permanently turned off to prevent potential manipulation.

    A burned liquidity pool has been implemented to support price stability and reinforce long-term sustainability within the ecosystem.

    A Roadmap for Sustained Growth

    MamaBull’s roadmap outlines a strategic path toward long-term growth and adoption. The initial phase focuses on launching the token and building a strong community through targeted marketing campaigns.

    Subsequent phases will introduce strategic partnerships with influencers and secure listings on major exchanges, increasing visibility and market reach. The rollout of governance features and staking mechanisms will empower the community to actively shape the project’s future.

    Future developments will emphasize the integration of Mamapay.io’s banking solutions, further positioning MamaBull as a key player in merging traditional and digital financial systems. Long-term initiatives include regular token burns and continuous feature enhancements to drive sustained value for holders.

    Join the MamaBull Revolution

    MamaBull is more than just a crypto; it represents a movement toward financial inclusion, empowerment, and innovation. Combining speed, affordability, and groundbreaking financial solutions, MamaBull is set to make a lasting impact in the evolving crypto-fintech landscape. With its potential for high profits and real-world utility, MamaBull offers an exciting opportunity for those looking to capitalize on the growing crypto space.

    For the latest updates and developments, visit mamabulltoken.com and follow social media accounts:

    Telegram: t.me/mamabulltoken
    Twitter/X: x.com/mamabull_token
    Instagram: instagram.com/mamabulltoken

    Media inquiries: media@mamabulltoken.com

    Contact:
    James Lissaint
    media@mamabulltoken.com

    Disclaimer: This content is provided by MamaBull. 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/72f4eb97-978f-470c-8f8b-c0eaa3ee8c59

    The MIL Network –

  • MIL-OSI: Turtle Beach Corporation Appoints Mark Weinswig Chief Financial Officer

    Source: GlobeNewswire (MIL-OSI)

    WHITE PLAINS, N.Y., Jan. 27, 2025 (GLOBE NEWSWIRE) — Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories provider, today announced the appointment of Mark Weinswig as Chief Financial Officer effective February 3, 2025.

    Mr. Weinswig brings over 25 years of extensive financial leadership experience to Turtle Beach. Most recently, he served as CFO at Ouster following its merger with Velodyne Lidar, where he successfully led the development and implementation of integration strategies, resulting in significant cost savings and operational efficiencies. He’s previously held CFO positions at other companies, including Avinger, EMCORE and Avanex, where he consistently delivered improved financial performance and strategic growth.

    “We’re excited to welcome Mark to the Turtle Beach team. His wealth of experience in financial leadership across multiple publicly traded companies makes him an ideal fit for our organization,” said Cris Keirn, CEO, Turtle Beach Corporation. “Mark’s proven track record of driving financial performance and strategic initiatives will be invaluable as we continue executing our growth strategy and enhancing shareholder value. We look forward to his contributions and leadership.”

    Mr. Weinswig holds an MBA from Santa Clara University and a BS in Accounting from Indiana University. He has held both Certified Public Accountant and Chartered Financial Analyst designations.

    “I’m thrilled to join Turtle Beach as the new Chief Financial Officer. Together, we will continue delivering cutting-edge products, while also maximizing value for our shareholders. I look forward to contributing to Turtle Beach’s exciting future, and building on its legacy of excellence,” said Mr. Weinswig.

    Mr. Weinswig succeeds John Hanson, who will move into to a senior advisor role for the next six months to ensure a smooth and effective transition.

    “We are deeply grateful to John for his significant contributions to Turtle Beach during his tenure,” added Cris Keirn. “His leadership and dedication over the years has been instrumental in our success, and we’re pleased that he will continue providing his expertise as a senior advisor during this transition period. We wish him all the best in his retirement.”

    About Turtle Beach Corporation
    Turtle Beach Corporation (the “Company”) (www.turtlebeachcorp.com) is one of the world’s leading gaming accessories providers. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is known for designing best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and groundbreaking gaming simulation accessories. Innovation, first-to-market features, a broad range of products for all types of gamers, and top-rated customer support have made Turtle Beach a fan-favorite brand and the market leader in console gaming audio for over a decade. Turtle Beach Corporation acquired Performance Designed Products (www.pdp.com) in 2024. Turtle Beach’s shares are traded on the Nasdaq Exchange under the symbol: TBCH.

    Cautionary Note on Forward-Looking Statements
    This press release includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about future events. Statements containing the words “may”, “could”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”, “goal”, “project”, “intend” and similar expressions, or the negatives thereof, constitute forward-looking statements. Forward-looking statements are only predictions and are not guarantees of performance. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Forward-looking statements are based on management’s current beliefs and expectations, as well as assumptions made by, and information currently available to, management.

    While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to logistic and supply chain challenges and costs, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the integration of any businesses we acquire and the integration of such businesses within our internal control over financial reporting and operations, our indebtedness, liquidity, and other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and the Company’s other periodic reports filed with the Securities and Exchange Commission. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.

    CONTACTS

    Investors:
    tbch@icrinc.com
    (646) 277-1285

    Public Relations & Media:
    MacLean Marshall
    Sr. Director, Global Communications
    Turtle Beach Corporation
    (858) 914-5093
    maclean.marshall@turtlebeach.com

    The MIL Network –

  • MIL-OSI: Bybit Introduces Blockchain-Powered Payment Solution in Brazil with PIX Compatibility

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Jan. 27, 2025 (GLOBE NEWSWIRE) —

    Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched Bybit Pay in Brazil, introducing a cutting-edge payment solution that integrates seamlessly with PIX, the country’s leading instant payment system. The launch underscores Bybit’s commitment to bridging Web2 and Web3 payments and providing a streamlined way for users to transact in both fiat and cryptocurrency. Wherever there is PIX, Bybit Pay can be used.

    Bybit Pay: Redefining Digital Transactions
    Bybit Pay allows users to connect their crypto wallets to a variety of financial possibilities, supporting both fiat and cryptocurrency. The platform simplifies transactions across websites, mobile applications, and point-of-sale (POS) systems, offering an intuitive interface for deposits, withdrawals, and payments. Its launch in Brazil aligns with the country’s growing adoption of digital finance technologies.

    Joan Han, Sales and Marketing Director at Bybit, highlighted the significance of the launch: “Bybit Pay is designed to bridge traditional and digital payments effortlessly. Brazil’s forward-thinking adoption of digital finance makes it the ideal market for this launch. By leveraging PIX QR codes and multi-currency support, Bybit Pay offers a seamless, secure, and flexible solution tailored to the evolving needs of our users.”

    Currently, Bybit Pay is available to verified users in Brazil through the Bybit app and website. The platform supports payments in Brazilian reais (BRL) and leading cryptocurrencies, including USDT, USDC, BTC, and ETH.

    Key Features and Benefits of Bybit Pay

    • PIX QR Code Compatibility

    Bybit Pay integrates with PIX, allowing users to scan QR codes to complete payments in fiat or cryptocurrency. This functionality offers a convenient and familiar experience for Brazilian users.

    • Integrated Wallet Management

    The platform combines crypto and fiat wallet functionality, enabling users to manage funds seamlessly across both financial systems.

    • Multi-Currency Support

    Bybit Pay supports a range of currencies, including BRL and popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

    • Blockchain-Backed Security

    Bybit Pay ensures secure, tamper-proof transactions through blockchain encryption, maintaining user privacy and transparency.

    • Benefits for Merchants

    Merchants gain the ability to accept payments from Bybit’s global user base of over 60 million, broadening their customer reach and providing an integrated fiat-crypto payment experience.

    Welcome Promotion: Cashback Opportunity for Brazilian Users
    To celebrate the launch, Bybit is offering a promotional campaign that rewards early adopters.

    • Event Period: January 27 – February 28, 2025
    • Eligibility: Users who deposit an equivalent of $100 or more and complete a payment by scanning a PIX QR code.

    Each week, 100 participants will be randomly selected to receive 100 percent cashback in USDT, capped at the BRL equivalent of 100 USDT per user.

    Winner Quotas (Weekly):

    • Payments of $5 – $10: 50 winners
    • Payments of $11 – $50: 30 winners
    • Payments of $51 – $100: 20 winners

    Transforming Digital Payments in Brazil
    Bybit Pay’s integration with PIX, alongside its multi-currency support and blockchain-powered security, positions the platform as a transformative solution in Brazil’s digital payment landscape. The launch represents a significant step forward in Bybit’s mission to enhance global payment systems and provide secure, flexible solutions for users and merchants.

    #Bybit / #BybitPay /#TheCryptoArk

    About Bybit
    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

    For more details about Bybit, please visit Bybit Press 
    For media inquiries, please contact: media@bybit.com
    For updates, please follow: Bybit’s Communities and Social Media

    Contact

    Head of PR
    Tony Au
    Bybit
    tony.au@bybit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d2640d1-8542-442b-93a8-058da17e062d

    The MIL Network –

  • MIL-OSI: Correction: Form 8.3 – [ International Paper Company]

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: Danske Bank A/S
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 International Paper Company
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 24 January 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: Equity
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 137,608 0.04    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    		 137,608 0.04    

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

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

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

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

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

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

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    Equity Buy      1300  58.58883846

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

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

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

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

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

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    None

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

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

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 27 January 2025
    Contact name: Kotryna Cinciuke
    Telephone number*: +37060405825

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

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

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

    The MIL Network –

  • MIL-OSI: BexBack Unveils Double Deposit Bonus, $50 Welcome Bonus, and 100x Leverage Crypto Trading with No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Jan. 27, 2025 (GLOBE NEWSWIRE) — As Bitcoin hovers around the $100,000 mark, analysts predict prolonged market volatility, making cryptocurrency derivatives trading the preferred choice for traders seeking to profit from both upward and downward trends. To empower traders and maximize their potential, BexBack Exchange has introduced an exclusive package featuring a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage for cryptocurrency trading—all with a No KYC policy, ensuring privacy and seamless trading.

    How Does 100x Leverage Work?

    100x leverage enables traders to control larger positions with minimal capital investment. For example:

    • Suppose Bitcoin is priced at $100,000, and you open a long contract with 1 BTC. Using 100x leverage, you control a position worth 100 BTC.
    • If the price rises to $105,000, your profit will be:
      (105,000−100,000)×100BTC÷100,000=5BTC That’s a 500% return on your initial investment.

    With BexBack’s 100% deposit bonus, your trading power doubles, giving you the ability to amplify profits even further.

    How the 100% Deposit Bonus Works

    BexBack’s deposit bonus is designed to boost your trading potential. While it cannot be withdrawn directly, the bonus:

    1. Increases Margin Capacity – Use the bonus to open larger positions and enhance your profit potential.
    2. Provides Risk Protection – During significant market fluctuations, the bonus serves as extra margin, reducing liquidation risks.

    For example, depositing 1 BTC unlocks an additional 1 BTC in bonus funds, doubling your margin.

    Why Choose BexBack?

    • No KYC Required: Trade with just an email address—simple and private.
    • 100% Deposit Bonus: Double your trading funds instantly.
    • $50 Welcome Bonus: Earn $50 after completing your first trade.
    • High Leverage: Up to 100x leverage to maximize capital efficiency.
    • Demo Account: Practice risk-free with 10 BTC in virtual funds.
    • Transparent Fees: No slippage, no spreads, and clear fee structures.
    • 24/7 Global Support: Dedicated multilingual customer service anytime, anywhere.
    • Affiliate Rewards: Earn up to 50% commission with no limits on duration or earnings.

    About BexBack

    BexBack is a premier cryptocurrency derivatives platform offering 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. Headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, BexBack operates under a US MSB (Money Services Business) license. The platform is trusted by over 200,000 traders worldwide, including users in the US, Canada, and Europe.

    Don’t Miss Out—Start Trading Today!

    If you’re looking to capitalize on Bitcoin’s historic price levels and market volatility, BexBack is the platform for you. With 100x leverage, unbeatable bonuses, and a focus on privacy, BexBack sets you up for success in the dynamic world of cryptocurrency trading.

    Sign up now to claim your exclusive bonuses and start building your crypto portfolio.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. 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.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ed72ce34-c448-429b-baf5-afdbccee1640

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b63bbbd5-050a-4972-9308-fa38c4b98ca8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8fe9b4af-bef7-450b-8933-9d7096274920

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a1ccb133-7ea0-4960-a4b2-f127cce10ea8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9778b6a3-46d2-49b8-a574-adb73a41cd4f

    The MIL Network –

  • MIL-OSI: Applied Labs raises $4.2M to make it easy to build high quality AI support and ops digital employees

    Source: GlobeNewswire (MIL-OSI)

    New York, Jan. 27, 2025 (GLOBE NEWSWIRE) — Every company today faces mounting pressure to deploy AI, but most solutions fall short on reliability and cannot handle complex, critical workflows. Applied Labs, founded by early Scale AI leaders, announced $4.2 million funding to transform how businesses deploy AI agents for complex support and operations tasks.

    The seed round was led by Abstract, with participation from Point72 Ventures, Outlander, and Tetra. A few notable angel investors include Vercel CEO Guillermo Rauch, Modal CTO Akshat Bubna, and ex-Twitter exec Ali Rowghani. This latest round brings the total raised by Applied Labs to $5.2 million.

    Applied Labs founders: Soham Waychal and Michael Woo.

    Founded in January 2024 by Michael Woo and Soham Waychal, Applied Labs emerged from their firsthand experience with AI applications at Scale AI, where they recognized how much time was spent on critical yet repetitive support interactions and ops workflows. Woo – who joined Scale AI as employee #20 and led a team of 30 focused on ops scalability – saw the opportunity to build AI agents that could handle complex workflows with unprecedented reliability. Waychal, who previously led engineering at a16z-backed Canal and holds 5 AI patents, brings deep technical expertise to the challenge.

    “For companies, there’s an explosion of C-Suite and boardroom interest into the question, what is our AI strategy?” said Michael Woo, CEO of Applied Labs. “The bottleneck isn’t the model anymore – LLM quality, speed and cost have reached an inflection point where almost every business can save time, cost and improve the quality of their support and ops. The challenge is in the data, tools and platform for teams to easily setup and perfect AI agents on their business-critical workflows.  We’re obsessed with making our AI agents the best where if you’re not using them, you’re falling behind.”

    The company focuses on support and operations teams.  Their current solution is an end to end AI customer support agent fine-tuned to the businesses’ knowledge base and empowered with AI actions which typically involve first and third party integrations.  Digital employees in other domains like operations are incoming.  But Woo emphasizes the importance of a human in the loop to ensure quality on all domains.  “AI allows you to scale up your best human judgement on an infinite volume of tasks but human judgment is still necessary to get the best quality results and handle edge cases.“ Woo said.   

    Uniquely, the Applied Labs team is using their expertise at Scale AI to build high quality, reliable and easy to use AI agents.  The solution uniquely combines three critical components to get what they believe are the best results: omnichannel interactions spanning chat, email and phone to handle 100% of volume; sophisticated AI agent orchestration for handling Q&A and AI workflows; and comprehensive evaluation tools for testing, auditing and monitoring AI outputs. This approach includes built-in human-in-the-loop escalations, recognizing that finding the right balance between AI efficiency and human touch for complex, emotional interactions remains crucial.

    The stakes are high – a single misstep in handling customer inquiries or operational tasks can erode trust and escalate problems.  “At Scale when we first did AI labeling or if you think about self-driving cars or even these AI sales agents, if you scale up a poorly thought out AI response or workflow on high volume, it’s deeply damaging.” Woo said.  Applied Labs addresses this by building guardrails and monitoring systems to rigorously test the AI with human-in-the-loop auditing before any new capabilities are broadly deployed. 

    Applied Labs plans to double its headcount in the coming months to meet growing customer interest. The funding will accelerate hiring of engineers to advance the company’s ambitious product roadmap.

    “Few founders truly grasp the operational intricacies of deploying AI in mission-critical workflows. Michael’s experience managing Scale AI’s core data product brings a rare fusion of technical acumen and practical experience — exactly what’s needed to make AI both dependable and transformative. Applied Labs’ commitment to pairing trust with capability, underpinned by their human-in-the-loop approach, is precisely what enterprises need to confidently embrace AI-powered customer support. We couldn’t be more excited to partner with Michael and his team on this journey” commented Ramtin Naimi, Founder & General Partner, Abstract. 

    “Technical decision makers will save their team countless hours everyday on the most frustrating and repetitive workflows,” added Woo. “AI agents, when crafted correctly by the right person, allow you to scale up your best human thinking on repetitive support interactions or ops workflows helping save significant time without sacrificing quality.”

    Looking ahead, while the AI industry races to replace human workflows, Applied Labs is pioneering a more nuanced vision: high quality AI agents that combine machine efficiency with human judgment. By focusing on quality, reliability and empowering non-technical teams to resolve the most complex, painful issues with AI, the company is building toward a future where almost every company can confidently deploy AI across their most complex operations—transforming not just how work gets done, but redefining what’s possible when artificial and human intelligence work in harmony.

    Ends 

    Media images can be found here. 

    About Applied Labs
    Founded in 2024, Applied Labs is crafting exceptional AI agents that solve real world problems. The team brings together human creativity and artificial intelligence to unlock incredible possibilities. The team is working with ambitious companies to build exceptional AI support and ops agents. Applied Labs is trusted by the world’s largest enterprises, modern small businesses and everyone in between. For more information please visit https://appliedlabs.ai/ or follow via LinkedIn and X. 

    About Abstract
    Abstract is a venture capital firm based in San Francisco with $1.5 billion in assets under management. The firm is sector-agnostic and focused on seed and early-stage founders. Since its founding in 2016, Abstract has invested in many breakout companies, including Solana, Rippling, Partiful, Neon, Garner Health, Clay, Hebbia AI, and X.ai, among others. Today, the firm’s reputation among founders is built on fierce loyalty, unparalleled connections, and a relentless drive to help them win. 

    The MIL Network –

  • MIL-OSI: Pacvue Rolls Out Amazon DSP Management and Optimization Tools to LATAM, EMEA and APAC

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Jan. 27, 2025 (GLOBE NEWSWIRE) — Pacvue, the leading commerce acceleration platform that integrates retail media, commerce management and measurement, today announced expanded access to its full range of Amazon DSP capabilities beyond North America, bringing Pacvue’s intelligent automation, reporting and optimization solutions to 16 countries across LATAM, EMEA and APAC. Through Pacvue, brands in these regions now have self-serve access to a full suite of programmatic media solutions to elevate their growth strategies. 

    “Our partners around the globe have been eagerly awaiting access to Amazon DSP tools, so we’re excited to be among the first platforms to unlock these new capabilities for them,” said Melissa Burdick, president and co-founder at Pacvue. “Access to Amazon DSP tools brings greater capabilities and reach for advertisers in these regions, as well as opportunities for growth from a wider variety of ad types, channels and audiences.”

    Pacvue is an early adopter of the Amazon DSP Campaign Management API’s global expansion. Previously, Pacvue’s Amazon DSP customers outside North America only had access to reporting capabilities. Now, advertisers in these regions are able to leverage the Pacvue platform to reach Amazon Ads audiences via Amazon DSP. This expansion includes campaign creation and management, budget, bid and dayparting automation controls.

    “The synergy between Amazon DSP, Amazon Search and Pacvue’s intelligent platform has transformed how we are able to measure success on a global scale for Crucial, Micron’s only consumer brand,” said Becky Durbin, VP Marketplaces at Labelium. “By combining our Amazon targeting strategy with Pacvue’s advanced optimization and reporting tools, we successfully activated new AMC audiences, drove campaign efficiencies and delivered impactful, full-funnel measurement across multiple markets.”

    Pacvue announced the following features for customers in expanded regions:

    • Amazon sponsored ads & Amazon DSP combined dashboard
    • AMC audience creation that enables seamless transitions from insights to action via Amazon DSP campaigns
    • Automation tools like dayparting, allowing for precise optimizations throughout the day
    • Automated budget management that controls monthly and daily spend without manual oversight
    • Advanced reporting and analytics powered by Amazon Ads performance data and Pacvue’s industry-leading tech

    Countries where Pacvue’s full Amazon DSP platform will now be available:

    • North America: United States, Canada and Mexico
    • EMEA: Germany, Spain, France, Italy, Netherlands, Poland, Sweden, Turkey, United Kingdom, Saudi Arabia, United Arab Emirates
    • LATAM: Brazil 
    • APAC: Australia, India, Japan, Singapore

    In addition to the expansion of Amazon DSP campaign management tools, Pacvue is also an official Amazon DSP Reseller. As a reseller, Pacvue offers businesses access to Amazon DSP capabilities, empowering advertisers with the tools and support needed to maximize their digital advertising impact.

    Visit Pacvue.com to learn about its latest commerce solutions and recent company developments.

    About Pacvue:
    Pacvue is the leading commerce acceleration platform that integrates retail media, commerce management, and measurement. The company’s first-to-market platform drives incrementality, profitability and market share for brands, while turning insights into actionable recommendations. Backed by a global team of experts, Pacvue works with over 70,000 brands and agencies across 95+ retailers worldwide including Amazon, Walmart, Target and Instacart. With the incorporation of Pacvue’s enterprise solution with Helium 10 for SMBs, Pacvue is now the most comprehensive commerce and retail media platform available in the market. Founded in 2018, their global presence includes locations in Seattle, New York, Los Angeles, Washington DC, London, Shanghai and Tokyo. For more information, visit www.pacvue.com.

    The MIL Network –

  • MIL-OSI: Codego Revolutionizes Merchant Payments with New Cryptogateway Solution

    Source: GlobeNewswire (MIL-OSI)

    Milan, Italy, Jan. 27, 2025 (GLOBE NEWSWIRE) — Codego, a licensed EMI/Virtual Asset Operator and banking innovator, has announced the launch of its groundbreaking Cryptogateway solution for merchants. This new platform sets a global standard in digital payment technology, offering unparalleled functionality for both in-person and remote transactions.

    The Future of Payments Is Here

    Codego’s Cryptogateway enables merchants to accept cryptocurrency payments seamlessly from customers while receiving funds instantly in their IBAN accounts. Accepting payments in Bitcoin, Litecoin, Dogecoin, Ethereum, USDT, and USDC from customers, while allowing merchants to receive settlements in 35 fiat currencies directly into their preferred IBAN accounts, with zero transaction fees, the solution delivers instant, borderless, and cost-effective payment processing.

    Merchants can create multiple Terminal IDs at no cost, making it easy to manage different business locations or divisions. This flexibility, combined with cutting-edge technology, ensures a user-friendly experience for businesses of all sizes.

    Why Codego’s Cryptogateway Is the Ultimate Solution

    The solution is ideal for industries such as gambling and forex, enabling customers to deposit in cryptocurrencies and ensuring instant settlement of funds directly to merchants’ IBAN accounts.
    – Zero Fees: Merchants pay no commissions on transactions, maximizing their revenue.
    – Instant Settlement: Payments are processed and funds are available instantly, reducing cash flow delays.
    – Global Reach: Supports 35 cryptocurrencies, enabling businesses to cater to a wider audience.
    – Easy Integration: Multi-terminal setups at no cost ensure seamless adoption.
    – Licensed and Secure: Codego operates under EMI/Virtual Asset and banking licenses in multiple jurisdictions, ensuring full regulatory compliance.

    “Codego’s Cryptogateway is not just another payment solution; it’s a revolution in how businesses interact with digital assets. We’re empowering merchants to embrace the future of payments without complexity or excessive costs,” saidSimone Binotto Torre, Chief Operating Officer, Codego.

    A Trusted Global Partner in Financial Innovation

    Codego is renowned for its pioneering role in the financial technology landscape. With banking licenses across multiple countries and a reputation for providing White Label IBAN bank accounts to emerging neobanks, Codego continues to drive innovation. The company operates 11 branches globally, spanning Europe, the Middle East, the United States, and now Oceania. Its  expansion reflects a commitment to bringing cutting-edge solutions to every corner of the globe.

    Redefining Merchant Solutions

    This Cryptogateway launch is part of Codego’s ongoing mission to revolutionize financial services through innovation. From supporting neobanks with White Label solutions to creating customer-centric payment platforms, Codego’s expertise ensures merchants stay ahead in an ever-evolving market.

    About Codego

    Codego is a global leader in financial technology, offering licensed banking and payment solutions that empower businesses to thrive. For more information about our White Label solutions, codegotech.com and codegopay.com. With a presence across Europe, the Middle East, the United States, and Oceania, Codego delivers tailored solutions for modern commerce. From White Label IBAN bank accounts to innovative payment gateways, Codego is at the forefront of financial evolution.

    The MIL Network –

  • MIL-OSI: Jamf achieves StateRAMP Authorized status to meet organizations’ most stringent compliance needs

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS, Jan. 27, 2025 (GLOBE NEWSWIRE) — Today, Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, announced it has achieved StateRAMP Authorized status for its Jamf Pro and Jamf School products. Achieving this certification highlights Jamf’s continued commitment to meeting the needs of high compliance organizations.

    StateRAMP is a critical cloud security assessment and authorization program designed to address the specific technology and compliance requirements of education institutions as well as state and local governments. 

    Jamf Pro and Jamf School can now be found on the StateRAMP Authorized Product List. Authorized status is the highest level of verification within the StateRAMP program. It signifies that Jamf Pro and Jamf School meet all the required security controls within the StateRAMP framework, have been assessed by a third-party assessment organization (3PAO), and the results have been verified by the StateRAMP PMO.

    “StateRAMP Authorized status is a significant accomplishment,” said Linh Lam, CIO at Jamf. “As a best of breed solution, our high compliance customers expect us to help them comply with the most demanding industry regulations. With Authorized status, Jamf’s state, local, and education customers can be assured our StateRAMP environment will help protect their information systems and assets from cyber threats, while meeting their compliance obligations.”

    To maintain this status, Jamf must comply with monthly continuous monitoring requirements and conduct annual and significant change audits. 

    To learn more about Jamf information security, compliance and privacy, visit: https://www.jamf.com/trust-center/.

    About Jamf
    Jamf’s purpose is to simplify work by helping organizations manage and secure an Apple experience that end users love and organizations trust. Jamf is the only company in the world that provides a complete management and security solution for an Apple-first environment that is enterprise secure, consumer simple and protects personal privacy. To learn more, visit www.jamf.com.

    Media Contact:
    Liarna La Porta | media@jamf.com

    Investor Contact:
    Jennifer Gaumond | ir@jamf.com

    The MIL Network –

  • MIL-OSI: Voxtur Terminates Definitive Agreement with University Bancorp

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a technology company creating a more transparent and accessible real estate lending ecosystem, today announced the termination of the definitive agreement dated Friday July 26, 2024, with University Bancorp, Inc. (“University”) for the acquisition of 50.5% stake in Blue Water Financial Technologies Holding Company, LLC, an indirect subsidiary of Voxtur (“Blue Water”).

    About Voxtur

    Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada. For more information, visit www.voxtur.com.

    Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) which reflect the expectations of management regarding the Company’s strategic initiatives, plans, business prospects, and opportunities. Forward-looking statements should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations, or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include but is not limited to: the effects of unexpected costs, liabilities or delays; success of software activities; the competition for skilled personnel; expectations for other economic, business, environmental, regulatory and/or competitive factors related to the Company, or the real estate industry generally; anticipated future production costs; and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: implementation of new products; changing global financial conditions; reliance on specific key employees and customers to maintain business operations; competition within the Company’s industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein.

    This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

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

    Voxtur’s common shares are traded on the TSXV under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Voxtur Contact:
    Jordan Ross
    Chief Operating Officer
    Tel: (416) 708-9764
    Email: jordan@voxtur.com

    The MIL Network –

  • MIL-OSI: Discover the Future of AI Video in an Online Webinar with Beamr, Oracle and NVIDIA

    Source: GlobeNewswire (MIL-OSI)

    Join an online webinar, “The Future of Video AI – From Infrastructure to Experience,” on January 29, 2025, at 11:30 AM ET

    Herzliya Israel, Jan. 27, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced a webinar exploring “The Future of Video AI – From Infrastructure to Experience”, with Jeffrey Schick, VP Strategic Client Engagement Media and Entertainment at Oracle, Richard Kerris, VP of Media and Entertainment at NVIDIA, and Sharon Carmel, CEO and Co-Founder at Beamr. The online webinar will be held on January 29, 2025, at 11:30 AM ET. To join the webinar, please register here.

    The webinar will explore the opportunities and challenges of building high-performance video pipelines for AI-driven applications. The discussion will highlight the infrastructures and technologies essential for creating engaging experiences, providing insights relevant to companies already utilizing AI video pipelines or those considering using them. The webinar will discuss Oracle Cloud Infrastructure (OCI), which delivers powerful AI compute with advanced graphics and media accelerated with NVIDIA L40S GPUs. Beamr’s proprietary Content Adaptive Bitrate technology (CABR) is available on OCI through the Beamr Cloud service, allowing high-efficiency video operations. The webinar will also highlight NVIDIA Holoscan for Media, NVIDIA’s AI platform for live media, NVIDIA’s 8th-generation GPU encoder (NVENC), the NVIDIA Blackwell architecture for Generative AI and NVIDIA RTX 4000 Ada Generation GPUs.

    The webinar will cover:

    • How AI is revolutionizing the video industry: Explore the upcoming change in handling, storing and delivering media content while improving user experiences.
    • Real-time content personalization: Learn about AI models’ ability to adapt videos and deliver unlimited content versions within the same process, as well as other innovative use cases.
    • The landscape of video AI models: Gain insights about generative AI models translating text to video, algorithms transforming video to text, enabling automated tagging and editing, or advanced features like super resolution – taking low resolution videos and transforming them to 4K resolution and beyond.

    To join the online webinar “The Future of Video AI – From Infrastructure to Experience”, please register here.

    ​​About Beamr

    Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

    Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit www.beamr.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. 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 the Company’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. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.

    Investor Contact:

    investorrelations@beamr.com

    The MIL Network –

  • MIL-OSI: Boralex will release its 2024 fourth quarter financial results on February 28

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, Jan. 27, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2024 fourth quarter results will take place on Friday, February 28, 2025, at 11 a.m.

    Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

    Date and time

    Friday, February 28, 2025, at 11 a.m. ET

    To attend the conference

    Webcast link: https://edge.media-server.com/mmc/p/fifq2sc5

    To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone.

    Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex’s website at www.boralex.com. A full replay will also be available on Boralex’s website until February 28, 2026.

    The financial information will be released through a press release and on Boralex’s website on February 28, 2025, at 7 a.m.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. We are developing a portfolio of more than 7.2 GW in wind, solar projects and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.  

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, LinkedIn and Instagram.  

    For more information

    Source: Boralex inc.

    The MIL Network –

  • MIL-OSI: Devvio Inc. Grants Exclusive Global License for Groundbreaking Exchange Technology to DevvDigital Inc

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, Jan. 27, 2025 (GLOBE NEWSWIRE) — DevvDigital Inc. is proud to announce it has been granted an exclusive global license from Devvio Inc, for its next-generation exchange technology, allowing for the operation of DevvExchange—a revolutionary digital asset exchange platform that sets new benchmarks for security, speed, and compliance. DevvExchange will allow customers to trade digital assets while maintaining full control of their assets throughout exchange transactions. Further, high-speed and cost-effective exchange transactions settle mathematically instantaneously, solving one of the biggest problems across all types of exchanges today.

    The key invention for the new exchange approach is Devvio’s patent pending Contingent Transaction Set (CTS) technology, which allows blockchain transactions to be grouped together and directly validated on the DevvX blockchain by its validators. Transactions in a CTS are each approved if and only if all criteria for the transactions are individually met. Then, when a group of exchange transactions is validated, all transactions occur at the same mathematical instant, thereby exchanging assets instantaneously with no middlemen or settlement risk.

    This strategic collaboration positions DevvExchange as the premier destination for institutional and retail traders alike, leveraging Devvio’s cutting-edge DevvX blockchain, which boasts unparalleled capabilities such as infinite scalability, unparalleled throughput, architectural flexibility, ease of integration through a RESTful API, and best-in-class cost-effectiveness.

    A New Era for Digital Asset Trading

    With the exclusive license in place, DevvDigital is uniquely empowered to drive the global rollout of this powerful new exchange architecture, transforming the trading experience by eliminating the inefficiencies and risks that plague traditional exchanges. Key features include:

    • Non-Custodial Architecture: Users retain full control of their assets at all times, enhancing security and eliminating settlement risks. Middlemen, and their related costs and delays, are removed. This approach removes the risks that the FTX exchange infamously demonstrated.
    • Instant T+0 Settlement: Trades are settled instantaneously, removing counterparty risks. Transactions are validated directly by validators on the DevvX blockchain rather than through smart contract implementations, which provides for fast, inexpensive trades.
    • Regulatory First: Built to meet and exceed the strictest compliance standards in key jurisdictions, DevvExchange will provide users with unmatched peace of mind. For the first time, a regulatory compliant digital-asset exchange will allow for trades where users’ assets are not held by the exchange itself.

    “I have no doubt that global asset exchanges of the future will be implemented as we, for the first time, now allow– mathematically instantaneous exchange with no middlemen,” said Tom Anderson, CEO of Devvio Inc. “That is a big statement, but it should be intuitively clear. If any two parties can exchange assets immediately and inexpensively, with no counterparty risk and full control of their assets throughout a trade, it is a dramatic improvement over both TradFi and Crypto exchanges that exist today. This is the future of exchanges, and our goal is to become the new gold standard in the space.”

    About Devvio Inc.

    Devvio Inc. is a global pioneer in blockchain technology, renowned for its scalable, sustainable, and secure solutions. Its DevvX blockchain has been recognized as one of the most advanced infrastructures in the industry, changing the way that blockchain is integrated in all aspects of business.

    About DevvDigital

    DevvDigital is a forward-thinking digital solutions provider dedicated to leveraging blockchain technology for real-world impact. As the exclusive operator of DevvExchange, DevvDigital is committed to transforming the way people interact with digital assets, prioritizing user empowerment, security, and innovation.

    This press release contains forward-looking statements, including but not limited to statements regarding the anticipated benefits and future operations of DevvExchange under the license agreement with Devvio. These statements are based on current expectations, projections, and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. Factors that may cause such differences include, but are not limited to, market conditions, regulatory changes, technological developments, and other unknown risks. DevvDigital assumes no obligation to update or revise forward-looking statements to reflect new information, events, or circumstances, except as required by law.

    Media Contact
    Davin Broadbent
    CMO DevvDigital
    DevvDigital@devvio.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0ab1613-fc16-44f6-82da-3e6e82297f4b

    The MIL Network –

  • MIL-OSI: Ninepoint Partners LP Launches Two New Series of Ninepoint Global Infrastructure Fund and Announces Termination of Ninepoint Carbon Credit ETF

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 27, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (Ninepoint Partners) is pleased to announce the launch of two new series of Ninepoint Global Infrastructure Fund, being Series T and Series FT. As of January 16, 2025, Ninepoint Global Infrastructure Fund is now available in Series A, Series F, Series T, Series FT, Series I and Series D securities.

    The investment objective of Ninepoint Global Infrastructure Fund is primarily to maximize risk adjusted long-term returns and secondarily to achieve a high level of income. Ninepoint Global Infrastructure Fund focuses on achieving growth of capital through securities selection and pursues a long-term investment program with the aim of generating capital gains and seeks to provide a moderate level of volatility and a low degree of correlation to other asset classes through diversifying across a relatively concentrated group of global infrastructure stocks.

    “The Series T and Series FT are designed to provide investors with a greater amount of cash flow compared to other available series, making them an attractive option for those seeking a reliable source of investment income,” commented Jeff Sayer, Vice President & Portfolio Manager, Ninepoint Partners. “With a target annualized distribution of 6.0%, paid monthly, these series’ distributions are comprised of return of capital, net income, and capital gains, delivering a consistent income stream.”

    Ninepoint Partners also announced today it intends to terminate Ninepoint Carbon Credit ETF effective on or about March 28, 2025 (the Termination Date). Effective immediately, Ninepoint Carbon Credit ETF is closed to new purchases, however, investors can continue to trade ETF series units on Cboe Canada until they are delisted. Investors may also redeem or switch their mutual fund series units of Ninepoint Carbon Credit ETF up to the close of business on the Termination Date. Ninepoint Partners will waive any short-term trading fees for redemptions of units of Ninepoint Carbon Credit ETF prior to the Termination Date. Investors that still hold units of Ninepoint Carbon Credit ETF on the Termination Date will receive a cash payment for their units equal to the proportionate share of all property and assets of Ninepoint Carbon Credit ETF attributable to the applicable series of Ninepoint Carbon Credit ETF, which is expected to be the series net asset value per unit on the Termination Date multiplied by the number of units held.

    Ninepoint Partners will send a notice to each investor in Ninepoint Carbon Credit ETF regarding the termination. The ETF series units of Ninepoint Carbon Credit ETF are expected to be delisted from Cboe Canada, at the request of Ninepoint Partners, at the close of business on or about March 26, 2025. As Ninepoint Carbon Credit ETF prepares to terminate, it may no longer be fully invested in accordance with its stated investment objectives outlined in the simplified prospectus.

    About Ninepoint Partners LP

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

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

    Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Prospectus before investing. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the Fund will be able to maintain its NAV per security at a constant amount or that the full amount of your investment in the Fund will be returned to you. Past performance may not be repeated.

    Forward-Looking Statements

    This press release contains “forward-looking information” within the meaning of applicable securities laws in Canada (“forward-looking statements”). Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Ninepoint Partners LP to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and Ninepoint Partners LP disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Ninepoint Partners LP undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

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

    The MIL Network –

  • MIL-OSI: Eos Energy Secures Cerberus Delayed Draw Term Loan Full Funding, Continuing U.S. Manufacturing Capacity to Strengthen America’s Energy Independence

    Source: GlobeNewswire (MIL-OSI)

    TURTLE CREEK, Pa., Jan. 27, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), America’s leading innovator in designing, manufacturing, and providing zinc-based long duration energy storage systems sourced and manufactured in the United States, today announced the successful achievement of the third set of performance milestones previously agreed upon between Eos and an affiliate of Cerberus Capital Management LP (“Cerberus”) as part of Cerberus’s strategic investment in the Company. Successfully meeting these performance milestones allowed the Company to access the final $40.5 million of the Delayed Draw Term Loan (DDTL), fueling ongoing operations, U.S. production expansion, and the creation of an American energy storage powerhouse.

    “The Eos team is making measurable progress, consistently meeting critical operational targets and positioning the Company for profitable growth,” said Nathan Kroeker, Eos Chief Financial Officer. “With the term loan fully funded, combined with Department of Energy (DOE) loan guarantee first disbursement in December, Eos has a strong foundation and sufficient capital to continue implementing Project AMAZE. We’re executing our strategy to scale production into strong customer demand for long duration energy storage. Cash from customer projects now play an important role in funding working capital and our American-made system can play a critical role in America achieving energy independence.”

    The $210.5 million DDTL announced in June 2024 is now fully funded, driven by the Company consistently achieving key operational milestones related to the Company’s state-of-the-art manufacturing line, raw materials cost-out, Z3 technology performance improvement and orders backlog cash conversion. The Company surpassed its January raw materials cost-out target by 6% while delivering manufacturing cycle times below 10 seconds to further demonstrate continued operational efficiency and progress towards profitable growth.

    “Cerberus is ecstatic about the incredible progress made since our initial investment last year. Joe and team continue to fire on all cylinders, and Cerberus will continue to be all-in, helping Eos execute on their rapidly growing global pipeline and backlog,” said Nick Robinson, Cerberus Senior Managing Director and Eos Board Member. “With all the pieces now firmly in place to scale, 2025 and beyond is all about revenue growth, profitability and acceleration of global manufacturing capacity to meet exponential global demand. This demand is driven by a critical need for a long duration, non-flammable alternative to lithium at a time when the national security imperative could not be more important. With President Trump’s recent Executive Order, emphasizing American-made, and American-sourced, manufacturing to supporting America’s energy independence, Cerberus could not be more excited about partnering with Eos to build a large global platform. Cerberus views Eos as the “First Solar” of the battery space, further highlighting America’s ability to lead, innovate, and reclaim our energy independence.”

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, efficient, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3 to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.


    Forward Looking Statements

    Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our path to profitability and strategic outlook, statements regarding our capital needs to support project AMAZE, statements regarding the anticipated use of proceeds from the delayed draw term loan with Cerberus, and statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected.

    Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future, including the discretionary revolving facility from Cerberus; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; uncertainties around our ability to meet the applicable conditions precedent to funding under the DOE loan; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; risks resulting from the impact of global pandemics, including the novel coronavirus, Covid-19; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties.

    The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    The MIL Network –

  • MIL-OSI: Arax Investment Partners Acquires Cedrus Financial

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) — Arax Investment Partners (“Arax”), a premier wealth and asset management platform company backed by RedBird Capital Partners (“RedBird”), today announced that it has acquired Cedrus Financial (“Cedrus”), an established RIA headquartered in Littleton, Colorado, managing around $1 billion in assets under management. Financial terms of the transaction were not disclosed.

    The acquisition marks the latest addition to Arax’s expanding platform, which partners with leading boutique wealth management firms and financial advisors to unlock strategic business growth and provide complementary investment opportunities, alongside an enhanced client experience. Cedrus will operate within Arax Advisory Partners, which is Arax’s coalition of independent firms focused on specialized services, investment advice and supervisory solutions for institutions, high-net-worth families and elite athletes.

    “At Cedrus, our goal has always been meeting the needs of our clients,” said Mark Neely, Managing Partner at Cedrus. “Joining the Arax platform provides access to operational synergies and technological advancements that will support the scaled growth of our business, compounding our ability to deliver premium service to our clients and help them achieve their financial goals.”

    “Our multi-boutique wealth management strategy continues to attract the best in the business, supporting the growth and expansion of the Arax platform,” said Haig Ariyan, Chief Executive Officer of Arax. “In Cedrus, we found a partner firm with a unique and personalized approach that prioritizes integrity and collaboration in service of clients – in other words, a natural fit for our platform. We look forward to working with the Cedrus team.”

    About CĒDRUS Financial
    Founded in 2013, Cedrus is a wealth management and investment advisory firm providing financial planning, portfolio management and advisor selection services to high-net-worth families. The firm pairs cutting-edge wealth management strategies with 100 years of combined experience in small business ownership, corporate management and wealth preservation to create holistic wealth management solutions in support of its clients’ financial goals. With a footprint across Colorado and Idaho, Cedrus is the partner of choice for individuals seeking a transparent and communicative approach to managing family wealth.

    About Arax Investment Partners
    Arax Investment Partners is a rapidly growing, multi-boutique wealth management platform making strategic control investments in best-in-class operating companies in partnership with their founders and management teams. Arax is focused on making strategic investments and supporting RIAs, hybrid wealth managers, and advisor teams seeking a new growth platform to scale their businesses.

    Arax enables its partners and affiliates to be entrepreneurial and focus on delivering industry-leading financial services to their clients. Firms within the Arax network benefit from a seasoned management team with a successful track record of scaling wealth platforms, M&A experience, capital sourcing capabilities and company-building expertise backed by a proven investor with an extensive network, RedBird Capital Partners. Our experienced leaders, multi-platform structure and growth equity partnership create a unique advantage for our partners. For more information, please go to www.araxpartners.com.

    About RedBird Capital Partners
    RedBird Capital Partners is a private investment firm that builds high-growth companies with strategic capital solutions to founders and entrepreneurs. The firm currently manages $10 billion in assets on behalf of a global group of blue chip institutional and family office investors. Founded in 2014 by Gerry Cardinale, RedBird integrates sophisticated private equity investing with a hands-on business building mandate that focuses on three core industry verticals – Financial Services, Sports and Media & Entertainment. Over his 30-year investment career, Cardinale has partnered with founders and entrepreneurs to build some of the most iconic growth companies in their respective industries. For more information, please go to www.redbirdcap.com.

    Media Contact:

    Dan Gagnier
    Gagnier Communications
    RedBird@gagnierfc.com

    The MIL Network –

  • MIL-OSI: LPL Financial Welcomes Bruen Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Jan. 27, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC (Nasdaq:LPLA) announced today that father and son financial advisors William “Bill” Bruen, Jr., and Andrew Bruen have joined LPL Financial’s broker-dealer, aligned with existing firm Paradigm Partners. The Bruens reported serving approximately $1.3 billion in advisory, brokerage and retirement plan assets* and join LPL from UBS.

    The Bruen family has a long and distinguished history of providing investment advice and wealth management services in Morristown, N.J., dating back to 1922 with the establishment of family patriarch James Bruen’s practice. His son, William Bruen, Sr., joined the business in 1950, retiring in 2020 after 70 years of dedicated service, and now Bill and Andrew continue the family legacy, extending their services to third and fourth generations of clients.

    Bill, who served in the U.S. Navy prior to joining the family business, said the opportunity to work alongside his father and son has been his greatest blessing. Andrew shares that sentiment, noting that he interned at the family practice throughout high school and college and gained valuable early insight into the industry that accelerated his career.

    “For over a century, our practice’s guiding principle has been to provide clients with ‘a plan for today, tomorrow and generations to come,” Andrew said. “We want to empower individuals and families to build lasting legacies through steadfast wealth management backed by personal relationships.”

    Seeking freedom and flexibility in how they evolve the next chapter of the family business, the Bruens chose to move their firm to LPL. They are proud to launch their new independent practice, Bruen Wealth Management.

    “Our vision for this firm is a direct reflection of my father’s and grandfather’s goals, as we learned how the business should be operated from them,” Bill said. “As stewards of the practice, we value the autonomy to act in the best interests of our clients, outside of corporate directives. By going independent with LPL, and with an added layer of support from Paradigm, we control the legacy that our family has sustained over the past 103 years, which is diligent care of our practice and clients. It is a promising signal for the next 100 years of our firm.”

    The Bruens are highly active in their community. Bill serves on the board of the Foundation for Morristown Medical Center and is a member of the Washington Association of New Jersey. He is also chairman of the Brookfield Legacy Society and a Trustee Emeritus of the United States Naval Academy Foundation. Andrew has served as a volunteer at Morristown Medical Center in a variety of capacities, currently serving on the Brookfield Legacy Society Committee. He also serves on the board of the New Vernon Cemetery Association in New Vernon, N.J.

    Andrew Koltunowicz, Managing Partner at Paradigm Partners, said, “We are so pleased to welcome Bill and Andrew to Paradigm Partners. Their longstanding history in their community, commitment to clients, multigenerational wealth management expertise and focus on delivering personalized advice make them an ideal fit for our firm. We look forward to a long and successful partnership.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We extend a warm welcome to Bill and Andrew, and congratulate Paradigm on growing its network. We understand that successful advisors like the Bruens want the freedom to choose what suits their clients’ needs and the autonomy to shape and enhance their client relationships. We look forward to supporting their growth as they build on their family’s impressive legacy.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 28,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker dealer, member FINRA/SIPC. LPL Financial and its affiliated companies provide financial services only from the United States. Bruen Wealth Management, Paradigm Partners and LPL are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #681312

    The MIL Network –

  • MIL-OSI: Urgently Announces Appointment of Alex Zyngier to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va, Jan. 27, 2025 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently” or “the Company”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, announced today its board of directors has appointed Alex Zyngier to serve as a member of the board, effective January 23, 2025.

    “Alex is a seasoned leader with a proven track record of navigating complex business challenges and driving growth,” said Matt Booth, Chief Executive Officer and President of Urgently. “With over 30 years of investment, strategy, governance and operating experience across a range of industries, Alex brings a wealth of expertise to Urgently as the Company continues to transform the roadside assistance industry. We are thrilled to welcome him to our board and look forward to his contributions.”

    “I am honored to join the Board of Directors at Urgently, a company at the forefront of digital innovation in roadside assistance,” said Alex Zyngier. “Since debuting as a public company, Urgently has made remarkable progress in driving margin expansion through financial and operational improvements, while continuing to deliver an exceptional customer experience and value to its partners. In addition, the Company has demonstrated positive traction in the marketplace, as evident by the significant contract renewals, expansions and new customer wins. Urgently is at an exciting point in its growth, and I look forward to working with the board and leadership team to help drive strategic initiatives, enhance operational excellence, and expand Urgently’s impact on the mobility ecosystem.”

    Alex is the Founder and Managing Director of Batuta Capital Advisors, a private investment and advisory firm. He currently serves as Chairman of the Board for COFINA and EVO Transportation, as well as a director for various public and private companies, including Atari SA, Nu Ride, SlamCorp and Unifin Financiera. His extensive experience includes leadership roles in complex transactions, mergers and acquisitions, and strategic financial advisory. Alex’s diverse background spans roles as a Portfolio Manager at Alden Global/Smith Management, Goldman Sachs, and Deutsche Bank, focusing on distressed investments and special situations. He has also served as an Engagement Manager at McKinsey & Co. and a Technical Brand Manager at Procter & Gamble. His educational background includes an MBA in Finance and Accounting from the University of Chicago and a Bachelor of Science in Chemical Engineering from UNICAMP.

    About Urgently

    Urgently is focused on helping everyone move safely, without disruption, by safeguarding drivers, promptly assisting their journey, and employing technology to proactively avert possible issues. The company’s digitally native software platform combines location-based services, real-time data, AI and machine-to-machine communication to power roadside assistance solutions for leading brands across automotive, insurance, telematics and other transportation-focused verticals. Urgently fulfills the demand for connected roadside assistance services, enabling its partners to deliver exceptional user experiences that drive high customer satisfaction and loyalty, by delivering innovative, transparent and exceptional connected mobility assistance experiences on a global scale. For more information, visit www.geturgently.com.

    For media and investment inquiries, please contact:

    Press: media@geturgently.com

    Investor Relations: investorrelations@geturgently.com

    The MIL Network –

  • MIL-OSI: Western Financial Group Celebrates Branch Opening in Dawson Creek

    Source: GlobeNewswire (MIL-OSI)

    DAWSON CREEK, British Columbia, Jan. 27, 2025 (GLOBE NEWSWIRE) — A great way to kick off 2025! Western Financial Group (Western) is pleased to announce a new, redesigned branch opening in the city of Dawson Creek on January 31, 2025. With a focus on care, convenience, and unmatched customer service, Western wants to be where our customers are. We’re providing service in convenient and accessible ways – whether online, by phone, or in person.

    “It’s an exciting time here at Western, we have robust plans for growth while maintaining our commitment to care in all that we do,” said Western Financial Group Chief Executive Officer, Grant Ostir. “Buying insurance should be easy and we want our customers to come to us for advice, knowing we’ve got their best interests at heart. Branch opening events like these give us a great opportunity to connect with our current and future customers, giving them a chance to get to know us and what we’re all about.”

    The new branch has an updated look and feel, and boasts not one, but two drive-thru windows for customer ease and accessibility. The branch is open from Monday to Friday, 8 am to 8 pm (drive thru only from 6-8 pm); Saturday 9 am to 5:30 pm (in office & drive thru); Sunday 11 am to 5 pm (drive thru only).

    Grand opening/Ribbon cutting ceremony details:

    DATE: January 31, 2025
       
    TIME: 12pm-2pm (Ribbon cutting at 1pm)
       
    WHERE: 11300 8 Street, Dawson Creek
       
    WHO: Grant Ostir, Western Financial Group CEO
       
      Darren Sinclair, Western Financial Group Vice President, Sales
       
      Darcy Dober, Mayor of Dawson Creek
       
    WHAT: Local city officials and Western Financial Group leaders will engage in a ribbon-cutting ceremony. Get to know our people, local businesses while enjoying some light refreshments and door prizes.

    Western Financial Group Inc.

    Headquartered in High River, Alberta, Western Financial Group is a diversified insurance services company focused on creating security and peace of mind and has provided over one million Canadians with the proper protection for over 100 years. Western is committed to community service, customer service, innovation, growth, and people while providing personal and business insurance through our engaged team of over 2,000 people in approximately 200 locations, affiliates, and various connected channels.

    Since the very beginning, supporting our local communities has guided everything we do – it’s who we are. In 2001, the Western Financial Group Communities Foundation (our non-profit charity) was created as a way for our team members to give back and positively impact the people and pride in the places where we live, work and play – to date we have granted over $9 million to support our local communities.

    Western Financial Group is a subsidiary of Trimont Financial Ltd., a subsidiary of The Wawanesa Mutual Insurance Company. www.westernfinancialgroup.ca

    For more information, assets, or to schedule an interview with Grant Ostir, please contact:

    Nichola Petts, PR Manager: Nichola.petts@westernfg.ca

    The MIL Network –

  • MIL-OSI: Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.64 per Share

    Source: GlobeNewswire (MIL-OSI)

    ANCHORAGE, Alaska, Jan. 27, 2025 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.64 per share. The dividend will be payable on March 14, 2025, to shareholders of record at the close of business on March 6, 2025.

    “We are pleased to announce a quarterly dividend of $0.64 per share, as we continue to provide returns to our shareholders,” said Mike Huston, President and CEO. At the stock price of $78.80 per share at the close of the market on January 23, 2025, the current dividend equates to a yield of 3.25% on an annualized basis.

    On January 24, 2025, Northrim reported net income of $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, compared to $8.8 million, or $1.57 per diluted share, in the third quarter of 2024, and $6.6 million, or $1.19 per diluted share, in the fourth quarter a year ago.

    About Northrim BanCorp

    Northrim BanCorp, Inc. is the holding company of Northrim Bank, an Alaska-based community bank with 20 branches throughout the state and differentiates itself with its detailed knowledge of Alaska’s economy and its “Customer First Service” philosophy. The bank has two wholly-owned subsidiaries, Sallyport Commercial Finance, LLC, a specialty finance company and Residential Mortgage Holding Company, LLC, a regional home mortgage company. Pacific Wealth Advisors, LLC is an affiliated company.

    www.northrim.com

    Contact:   Mike Huston, President, CEO, and COO
      (907) 261-8750
      Jed Ballard, Chief Financial Officer
      (907) 261-3539

    The MIL Network –

  • MIL-OSI: Correction: Total voting rights

    Source: GlobeNewswire (MIL-OSI)

    LEI: 21380013CXOR8N6OD977

    27 January 2025

    Issues of Equity and Total Voting Rights – Correction

    Foresight Technology VCT plc (the “Company”) wishes to notify the following corrections to the number of shares in issue and voting rights disclosed in the below ‘Issue of Equity’ and ‘Total Voting Rights’ announcements, which were made public on the dates specified below.

    As at today’s date, the Company has 38,366,526 FWT Shares and 34,046,589 non-voting Deferred Convertible Preference Shares in issue.

    Therefore, the total voting rights in the Company is 38,366,526. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.

    Announcement title Date announcement published Correction to number of shares in issue and voting rights disclosure
    Issue of Equity 29 October 2024 Following this allotment, the Company had 36,560,117 FWT Shares and 34,046,589 non-voting Deferred Convertible Preference Shares in issue.
    Total Voting Rights 29 November 2024 The Company has 36,560,117 FWT Shares and 34,046,589 non-voting Deferred Convertible Preference Shares in issue.

    Therefore, the total voting rights in the Company is 36,560,117. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.
    Issue of Equity 05 December 2024 Following this allotment, the Company had 37,834,835 FWT Shares and 34,046,589 non-voting Deferred Convertible Preference Shares in issue.
    Issue of Equity 30 December 2024 Following this allotment, the Company had 38,366,526 FWT Shares and 34,046,589 non-voting Deferred Convertible Preference Shares in issue.
    Total Voting Rights 31 December 2024 The Company has 38,366,526 FWT Shares and 34,046,589 non-voting Deferred Convertible Preference Shares in issue.

    Therefore, the total voting rights in the Company is 38,366,526. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the FCA’s Disclosure Guidance and Transparency Rules.

    For further information please contact:

    Gary Fraser, Foresight Group: 020 3667 8181

    The MIL Network –