NewzIntel.com

Category: GlobeNewswire

  • MIL-OSI: Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date September 30, 2024

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — At the end of the settlement date of September 30, 2024, short interest in 3,067 Nasdaq Global MarketSM securities totaled 12,246,444,747 shares compared with 12,241,625,467 shares in 3,057 Global Market issues reported for the prior settlement date of September 13, 2024. The mid-September short interest represents 2.94 days compared with 3.06 days for the prior reporting period.

    Short interest in 1,663 securities on The Nasdaq Capital MarketSM totaled 2,136,615,501 shares at the end of the settlement date of September 30, 2024, compared with 2,107,947,669 shares in 1,670 securities for the previous reporting period. This represents a 1.32 day average daily volume; the previous reporting period’s figure was 1.34.

    In summary, short interest in all 4,730 Nasdaq® securities totaled 14,383,060,248 shares at the September 30, 2024 settlement date, compared with 4,727 issues and 14,349,573,136 shares at the end of the previous reporting period. This is 2.49 days average daily volume, compared with an average of 2.57 days for the prior reporting period.

    The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.

    For more information on Nasdaq Short interest positions, including publication dates, visit http://www.nasdaq.com/quotes/short-interest.aspx or http://www.nasdaqtrader.com/asp/short_interest.asp.

    About Nasdaq:
    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at http://www.nasdaq.com.

    Media Contact:
    Jennifer Lawson
    jennifer.lawson@nasdaq.com

    NDAQO

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c5c14985-744e-48e0-9ad9-7d9fdca96cc0

    The MIL Network –

  • MIL-OSI: Blue Hill Doubles Down on Cloak of Secrecy and Unanswered Questions

    Source: GlobeNewswire (MIL-OSI)

    Blue Hill’s Inability to Address Questions About How It Would Pay for or Complete an Acquisition Further Adds to Uncertainty, Risk and Doubt About Its Preliminary Indication of Interest

    Territorial Reiterates Board’s Unanimous Recommendation that Shareholders Vote FOR Hope Bancorp Merger

    Visit http://www.TerritorialandHopeCombination.com for More Information

    HONOLULU, Oct. 09, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial”) issued the following statement regarding the presentation released today by Blue Hill Advisors (“Blue Hill”):

    For the fourth time, Blue Hill has failed to address questions that are fundamental in any bank M&A transaction – How will you pay for it? How will you obtain regulatory approval? How will you close it? What are the assurances that you can do all of the above?

    Blue Hill’s inability to address these questions further compounds the concerns associated with Blue Hill’s illusory, non-binding and highly conditional preliminary indication of interest.

    • Blue Hill’s claims about “capital support” and AUM are not committed financing. If Blue Hill is so capable of backing its preliminary indication of interest, why won’t it show proof of financing or even a financing commitment? Why won’t Blue Hill show us the cash? Without financing, Blue Hill’s preliminary indication of interest is simply not real.
    • Blue Hill has provided no information to validate or support its claims that it could obtain the multiple regulatory approvals needed to buy control of a bank. In fact, Blue Hill’s lack of information all but ensures that regulatory applications would be rejected as soon as they were submitted:
      • The identity of many of Blue Hill’s supposed investors remains a hidden secret as does the management team it would put in place to run the Company. Why is Blue Hill refusing to disclose the names of its investors and proposed management team? What is Blue Hill hiding? No regulator – state or federal – would allow an anonymous entity – much less “discrete” secret investors – to gain control of a bank that is responsible for overseeing $1.57 billion1 in deposits.
      • Blue Hill hasn’t provided any information about how it or its investors would address safety and soundness issues regarding interest rate risk, liquidity, capital and earnings, which are paramount to regulators.
      • No information has been provided about Blue Hill’s claimed M&A record, including which companies were involved in those transactions and whether or not they were successful – or went bankrupt.
      • Blue Hill repeatedly names Allan Landon in its materials. However, Mr. Landon is not a stated investor. What is Mr. Landon’s role in Blue Hill’s transaction?
    • Blue Hill has provided no information to give assurance that it understands the regulatory review process. In fact, its own statements make clear that Blue Hill has a fundamentally failed understanding of what it will take to obtain regulatory approval.
      • Purchasing a bank is a complex process. The takeover of an entire bank, as Blue Hill is seeking, is likely a controlled acquisition. The coordinated efforts of six individuals, even if “discrete” would likely be viewed as a group that is “acting in concert.”
      • Blue Hill has not previously applied for — nor secured — regulatory approvals for any transaction of this size based on information it has provided to Territorial.
      • Blue Hill far underplays the significant obstacles it faces in achieving regulatory approvals on a timely basis, if at all.
    • Blue Hill’s belief that it can complete the 70% tender offer it proposed is close to fantasy.
      • Territorial has an approximately 50% retail shareholder base and a highly fragmented institutional investor base.
      • Given these facts, why should anyone believe what Blue Hill is claiming? Once again, where is the documentation to support Blue Hill’s assertions?

    Additional considerations that are important for Territorial shareholders to know:

    • Territorial shareholders will not immediately receive any payment for their shares while any transaction with Blue Hill is sitting in regulatory limbo. Income taxes and the impact of the regulatory delays on time-value-of-money mean that the net value of Blue Hill’s preliminary indication of interest, if completed, would be substantially less than what it has proposed.
    • Blue Hill has provided no assurances that it wouldn’t reduce its proposed value if the Hope Bancorp, Inc. (NASDAQ: HOPE) merger agreement was terminated or following its unspecified “due diligence.” Indeed, Blue Hill has explicitly stated that its indication of interest is “non-binding.”
    • If Blue Hill is so confident in its ability to gain regulatory approval, complete a tender offer and close a transaction, Blue Hill could provide assurances to the Territorial Board and shareholders through a legally binding “hell or highwater” commitment. Yet, once again, Blue Hill is all talk, and no substance.
    • Blue Hill is simply not credible. It was only formed in 2023, has offices in a residential home (which is for rent) and is withholding material information.
    • As a standalone, monoline, one- to four-family loan focused bank, Territorial faces substantial business and regulatory risks – even in a declining interest rate environment. The Company has been operating at a loss over multiple quarters; loan growth is flat; and revenues are declining. These and other factors led to the Board’s decision to reduce the Territorial dividend as well as enter into an agreement with Hope Bancorp. While these challenges would be addressed by the Hope Bancorp merger, Blue Hill offers nothing to deal with these challenges if the Hope Bancorp agreement is terminated. Indeed, with Blue Hill and its undisclosed “discrete” investors, Board and management team, Territorial’s challenges could worsen.

    The Territorial Board continues to unanimously recommend that Territorial shareholders vote FOR the merger with Hope Bancorp and all related proposals.

    The combination with Hope Bancorp provides compelling value for Territorial shareholders. The merger is structured as a 100% tax free, stock-for-stock transaction under which Territorial shareholders will receive 0.8048 shares of Hope Bancorp common stock for each share of Territorial common stock they own. This per share consideration represents an approximately 25% premium2 to Territorial’s closing stock price just prior to the merger announcement. In addition, the transaction has strong implied transaction multiples across all relevant metrics, including earnings per share and adjusted tangible book value per share.

    With Hope Bancorp, Territorial will become a larger, more diversified, more resilient business with increased resources to invest and grow, resulting in increased value for Territorial’s shareholders. Territorial shareholders will also realize a 1000% increase in their dividend. For Territorial stakeholders, the merger also provides meaningful benefits. As stated publicly:

    • Upon close of the transaction, Territorial will continue to operate under the Territorial name.
    • Local branches and operations will be led by local teams, which means Territorial’s customers can benefit from additional choices and rely on the same people they know and respect.
    • Employees will continue to receive competitive compensation and benefits and will have additional career opportunities. 
    • Territorial’s legacy of community support and investment will continue.

    Territorial and Hope Bancorp have initiated the process for all regulatory approvals, and the companies continue on the path to close the transaction by the end of 2024.

    Your Vote is Important

    Territorial Shareholders are Urged to Vote FOR the Hope Bancorp Merger TODAY.

    Voting is quick and easy.
    Vote well in advance of the Special Meeting on November 6, 2024 at 8:30 a.m. HST.

    Call toll-free:
    (888) 742-1305
    Banks and brokers should call:
    (516) 933-3100
    Email: info@laurelhill.com
    Electronically: http://www.proxyvote.com


    About Us

    Territorial Bancorp Inc., headquartered in Honolulu, Hawaiʻi, is the stock holding company for Territorial Savings Bank. Territorial Savings Bank is a state-chartered savings bank which was originally chartered in 1921 by the Territory of Hawaiʻi. Territorial Savings Bank conducts business from its headquarters in Honolulu, Hawaiʻi, and has 28 branch offices in the state of Hawaiʻi. For additional information, please visit https://www.tsbhawaii.bank.

    Additional Information about the Hope Merger and Where to Find It

    In connection with the proposed Hope Merger, Hope has filed with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4, containing the Proxy Prospectus, which has been mailed or otherwise delivered to Territorial’s stockholders on or about August 29, 2024, as supplemented September 12, 2024. Hope and Territorial may file additional relevant materials with the SEC. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR FURNISHED OR WILL BE FILED OR FURNISHED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. You may obtain any of the documents filed with or furnished to the SEC by Hope or Territorial at no cost from the SEC’s website at http://www.sec.gov.

    Forward-Looking Statements

    Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, expectations regarding the low-cost core deposit base, diversification of the loan portfolio, expansion of market share, capital to support growth, strengthened opportunities, enhanced value, geographic expansion, and statements about the proposed transaction being immediately accretive. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” or similar expressions. With respect to any such forward-looking statements, Territorial Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. The closing of the proposed transaction is subject to regulatory approvals, the approval of Territorial Bancorp stockholders, and other customary closing conditions. There is no assurance that such conditions will be met or that the proposed merger will be consummated within the expected time frame, or at all. If the transaction is consummated, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Hope Bancorp and Territorial Bancorp and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; deposit attrition, operating costs, customer loss and business disruption following the merger, including difficulties in maintaining relationships with employees and customers, may be greater than expected; and required governmental approvals of the merger may not be obtained on its proposed terms and schedule, or without regulatory constraints that may limit growth. Other risks and uncertainties include, but are not limited to: possible further deterioration in economic conditions in Hope Bancorp’s or Territorial Bancorp’s areas of operation or elsewhere; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; risk of significant non-earning assets, and net credit losses that could occur, particularly in times of weak economic conditions or times of rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s or Territorial Bancorp’s allowances for credit losses; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp or Territorial Bancorp; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of either or both parties to the proposed transaction; and diversion of management’s attention from ongoing business operations and opportunities. For additional information concerning these and other risk factors, see Hope Bancorp’s and Territorial Bancorp’s most recent Annual Reports on Form 10-K. Hope Bancorp and Territorial Bancorp do not undertake, and specifically disclaim any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.

    Investor / Media Contacts:
    Walter Ida
    SVP, Director of Investor Relations
    808-946-1400
    walter.ida@territorialsavings.net

    1 As of Jun 30, 2024
    2 Based on Territorial and Hope Bancorp’s closing prices as of Apr 26, 2024 (day before merger announcement)

    The MIL Network –

  • MIL-OSI: CORRECTION – HPH Announces Changes to the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    TGUANGZHOU, China, Oct. 09, 2024 (GLOBE NEWSWIRE) — he board of directors (the “Board”) of Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced a correction to its press release disseminated on October 1, 2024 which announced changes to the board of directors. The original statement regarding the professional experience of the newly appointed Chairperson is entirely replaced and changed to the following: “Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseeing operational strategies and driving the company’s capital deployment and growth in multiple emerging markets. Prior to that, from late 2018 until May 2023, she held the position of Sales Director at Trustwell Far East Pte. Ltd., where she was responsible for formulating and executing sales strategies, managing the sales team, analyzing market demands, maintaining customer relationships, and expanding business channels, making significant contributions to the company’s cross-border business. Ms. Nguyen obtained her Bachelor’s degree in International Business from Vietnam National University in 2008 and her Master’s degree in Business Administration from Hanoi University of Science and Technology in 2009.” The rest of the press release remains unchanged. The updated press release follows.

    October 1, 2024 (GLOBE NEWSWIRE) — the board of directors (the “Board”) of Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced the appointment of Ms. Hang Suong Nguyen (“Ms. Nguyen”) as the new chairwoman of the Board, effective from September 30, 2024. Ms. Nguyen will succeed Mr. Chin Hua Peh, who will continue to serve as a director of the Company.

    Ms. Hang Suong Nguyen, Director and the Chairwoman of the Board

    Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseeing operational strategies and driving the company’s capital deployment and growth in multiple emerging markets. Prior to that, from late 2018 until May 2023, she held the position of Sales Director at Trustwell Far East Pte. Ltd., where she was responsible for formulating and executing sales strategies, managing the sales team, analyzing market demands, maintaining customer relationships, and expanding business channels, making significant contributions to the company’s cross-border business. Ms. Nguyen obtained her Bachelor’s degree in International Business from Vietnam National University in 2008 and her Master’s degree in Business Administration from Hanoi University of Science and Technology in 2009.

    The Board also announces that Mr. Jidong Luo has decided to resign from the Board as director and chairman of the audit committee due to personal reasons, effective from September 30, 2024.

    The Board has also appointed the following individuals to new roles of the Company, effective from September 30, 2024:

    Dr. Lihong Zhai, as independent director and the chairman of the audit committee;

    Ms. Min Zhou, as independent director and the chairwoman of the nominating and governance Committee; and

    Ms. Yingying Li, as independent director and the chairwoman of the compensation committee.

    Ms. Min Zhou, Independent Director and the Chairwoman of the Nominating and Governance Committee

    Ms. Min Zhou has been an executive director of Tian Ruixiang Holdings Ltd (NASDAQ “TIRX”) since April 2024. Prior to this role, Ms. Zhou worked as an investment manager at Huobi Capital from September 2021 to September 2022, where she developing investment plans and agreements for participating in the negotiation and trading of investment projects. She has rich experience in supervising the operation and development of investment projects. From September 2016 to June 2021, Ms. Zhou was the business development manager of Delta Insurance Brokerage Co. , Ltd. Ms. Zhou has extensive experience in ensuring compliance with securities laws and regulations, protecting shareholders’ interests, as well as participating in the formulation of company strategy and supervising management implementation to promote the company’s long-term development and enhance shareholder value. Ms. Zhou graduated from Hunan University with a bachelor’s degree in mechanical automation.

    Ms. Yingying Li, Independent Director and the Chairwoman of the Compensation Committee

    Since 2022, Ms. Yingying Li has served as the OEM cotton product director at Qinshu (Shanghai) Trading Co., Ltd. From July 2021 to October 2022, Ms. Li served as the general manager of the Product Planning Department at Shanghai Metersbonwe Fashion Co., Ltd., where she had extensive experience in leading the planning team to collect, sort, analyze fashion trends, and develop product strategies based on brand positioning and annual business goals. She also had experience in preparing planning proposals, themes, and quarterly development timetables. From October 2017 to June 2021, Ms. Li served as the manager of the Product Planning Department at E-Land Group. She had extensive experience in leading the planning, design, and production teams in conducting product sketch review, sample review at selection meetings, and pricing work to ensure product completion. Ms. Li graduated from Donghua University with a Master’s degree in textile engineering.

    Following the foregoing changes, our Board consists of eight directors, three of which are independent directors, and is chaired by Ms. Nguyen. Our current directors as of the date of this press release are as follows:

    Name   Position
    Hang Suong Nguyen·   Chairwoman of the board
    Yinan Hu   Vice-Chairman and Chief Executive Officer
    Youjie Kong   Director
    Yong Ren   Director
    Chin Hua Peh   Director
    Lihong Zhai   Independent Director and the Chairman of Audit Committee
    Min Zhou   Independent Director and the Chairwoman of Nominating and Governance Committee
    Yingying Li   Independent Director and the Chairwoman of Compensation Committee
         

    Mr. Yinan Hu, vice-chairman and chief executive officer of HPH, commented: “We would like to extend our warmest welcome to Ms. Nguyen, our new Chairwoman. Ms. Nguyen brings a wealth of industry experience, outstanding leadership, and sharp market insight. I believe her joining will bring new development ideas and opportunities to the Company. Under her leadership, the Company is sure to make great strides in its journey to transform into an intelligent service provider for families and businesses, achieving our mission and making new leaps forward. At the same time, we sincerely thank the outgoing Board member for his valuable contributions to the Company. Together, we will ensure a smooth transition and maintain the momentum of our growth.”

    Ms. Hang Suong Nguyen, chairwoman of HPH, said: “As HPH embarks on its journey of transforming into an intelligent service provider for families and businesses, I look forward to working closely with the Board and management to actively drive the Company’s innovation. By fully leveraging the power of technology, we will build an AI-driven service platform that offers comprehensive and personalized solutions for families and businesses, while also creating greater value for shareholders.”

    Forward-looking Statements
    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When HPH uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from HPH’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: HPH’s ability to obtain proceeds from the Agreement; HPH’s goals and strategies; HPH’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the third-party wealth management industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets HPH serves and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by HPH with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in HPH’s filings with the U.S. Securities and Exchange Commission, which are available for review at http://www.sec.gov. HPH undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    Highest Performances Holdings Inc.

    The MIL Network –

  • MIL-OSI: CORRECTION – Fanhua Announces Changes to the Board of Directors and Management Team

    Source: GlobeNewswire (MIL-OSI)

    GUANGZHOU, China, Oct. 09, 2024 (GLOBE NEWSWIRE) — The board of directors (the “Board”) of Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today issued an updated press release to correct its press release disseminated on October 1, 2024 which announced changes to its board of directors and management team (the “Original Announcement”). The statement regarding the professional experience of the newly appointed chairperson of the Board in the Original Announcement is hereby replaced with and changed to “Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseeing operational strategies and driving the company’s capital deployment and growth in multiple emerging markets. Prior to that, from late 2018 until May 2023, she held the position of Sales Director at Trustwell Far East Pte. Ltd., where she was responsible for formulating and executing sales strategies, managing the sales team, analyzing market demands, maintaining customer relationships, and expanding business channels, making significant contributions to the company’s cross-border business. She obtained her Bachelor’s degree in International Business from Vietnam National University in 2008 and her Master’s degree in Business Administration from Hanoi University of Science and Technology in 2009.” Except for the above, there are no other changes to the Original Announcement. The updated press release is as follows.

    GUANGZHOU, China, October 9, 2024 (GLOBE NEWSWIRE) — the board of directors (the “Board”) of Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that Ms. Hang Suong Nguyen has been appointed as the new Chairperson of the Board, effective September 30, 2024.

    Ms. Hang Suong Nguyen, Chairperson of the Board

    Since June 2023, Ms. Hang Suong Nguyen has served as the Vice President of WEALTH WILL LIMITED, overseeing operational strategies and driving the company’s capital deployment and growth in multiple emerging markets. Prior to that, from late 2018 until May 2023, she held the position of Sales Director at Trustwell Far East Pte. Ltd., where she was responsible for formulating and executing sales strategies, managing the sales team, analyzing market demands, maintaining customer relationships, and expanding business channels, making significant contributions to the company’s cross-border business. She obtained her Bachelor’s degree in International Business from Vietnam National University in 2008 and her Master’s degree in Business Administration from Hanoi University of Science and Technology in 2009.

    The Board also announces that incumbent independent directors Mr. Yunxiang Tang and Mr. Allen Lueth, along with incumbent executive director Mr. Ben Lin, have tendered their resignations from the Board due to personal reasons, effective September 30, 2024. Additionally, Mr. Lin has resigned from the position of Chief Strategy Officer.

    The Board has appointed Ms. Jiaxing Shi as Independent Director and the Chair of the Audit Committee and Mr. Changfu Li as Independent Director and the Chair of the Compensation Committee to fill the vacancies left by the departure of Mr. Tang and Mr. Lueth, effective September 30, 2024.

    Ms. Jiaxing Shi, Independent Director and the Chair of Audit Committee

    Ms. Jiaxing Shi has served as the Investment Operations Manager at YD Network Technology Co Ltd. since March 2024, overseeing the company’s investment strategy, and financial due diligence to optimize long-term returns. Prior to this role, she served as senior audit professionals at UHY LLP and Marcum LLP from 2022 to 2024. Prior to that, she served as senior manager position in financial reporting and investor relations role at Aurora Mobile Ltd. (Nasdaq: JG) from 2018 to 2022. She received an MBA Degree in Financial Management from Goldey-Beacom College in 2018 and a Master Degree in Accounting from St. John’s University in 2015. She received Bachelor’s Degree in Inner Mongolia University of Finance and Economics in 2013.

    Mr. Changfu Li, Independent Director and the Chair of Compensation Committee

    Mr. Changfu Li has over a decade of experience in senior management, with a focus on strategic operations and cost management across various industries. Mr. Li has served as a consulting advisor at Beijing Shanying Legal Consulting Co., Ltd since November 2023. Prior to this, he served as a procurement supervisor at Shanghai Sanqing Industrial Development Co., Ltd. from June 2010 to March 2020, where he managed procurement operations and contributed to sales strategy planning. And later he was promoted to Vice President of Administration and Purchasing Manager at the company’s Guangzhou branch in March 2020. Before that, from 2006 to 2010, Mr. Li held the position of procurement associate at Zhejiang Shalangsi Craft Co., Ltd. Mr. Li earned his bachelor’s degree in International Economics and Trade from Yanbian University in 2006.

    With the appointment and departure of these directors, the composition of the Board will be adjusted accordingly. Below is the updated list of board members:

    Ms. Hang Suong Nguyen, Chairperson of Fanhua Inc.

    Mr. Yinan Hu, Vice Chairperson and Chief Executive Officer of Fanhua Inc.

    Mr. Peng Ge, Executive Director and Chief Financial Officer of Fanhua Inc.

    Mr. Mengbo Yin, Independent Director and Chair of Nominating and Governance Committee of Fanhua Inc.

    Ms. Jiaxing Shi, Independent Director and Chair of Audit Committee of Fanhua Inc.

    Mr. Changfu Li, Independent Director and Chair of Compensation Committee of Fanhua Inc.

    Mr. Yinan Hu, Vice Chairperson and Chief Executive Officer of Fanhua, commented: “We are thrilled to announce that Ms. Nguyen has been appointed as our new Chairperson, a decision that signifies a major milestone for the Company’s strategic upgrade towards pursuing growth by harnessing the power of artificial intelligence. At the same time, we deeply appreciate the significant contributions that Mr. Yunxiang Tang, Mr. Allen Lueth, and Mr. Ben Lin have made during their tenure. As we look ahead, our commitment to our strategic goals and growth remains unwavering. With Ms. Nguyen at the helm as Chairperson, we are poised to build upon our momentum and achieve even greater heights.”

    Ms. Hang Suong Nguyen, Chairperson of Fanhua, stated: “It is my pleasure to join the Board and take on the role of Fanhua’s Chairperson. I understand the significant responsibility that comes with this position and I am confident in our Company’s future. And I look forward to working with all of Fanhua’s team members to meet challenges and achieve great success together.”

    About Fanhua Inc.

    Driven by its digital technologies and professional expertise in the insurance industry, Fanhua Inc. is the leading independent financial service provider in China, focusing on providing insurance-oriented family asset allocation services that covers customers’ full lifecycle and a one-stop service platform for individual sales agents and independent insurance intermediaries.

    With strategic focus on long-term life insurance products, we offer a broad range of insurance products, claims adjusting services and various value-added services to meet customers’ diverse needs, through an extensive network of digitally empowered sales agents and professional claims adjustors. We also operate Baowang (www.baoxian.com), an online insurance platform that provides customers with a one-stop insurance shopping experience.

    For more information about Fanhua Inc., please visit https://ir.fanhgroup.com.

    Forward-looking Statements

    This press release contains statements of a forward-looking nature. These statements, including the statements relating to the Company’s future financial and operating results, are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about Fanhua and the industry. Potential risks and uncertainties include, but are not limited to, those relating to its ability to attract and retain productive agents, especially entrepreneurial agents, its ability to maintain existing and develop new business relationships with insurance companies, its ability to execute its growth strategy, its ability to adapt to the evolving regulatory environment in the Chinese insurance industry, its ability to compete effectively against its competitors, quarterly variations in its operating results caused by factors beyond its control including macroeconomic conditions in China. Except as otherwise indicated, all information provided in this press release speaks as of the date hereof, and Fanhua undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Fanhua believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by Fanhua is included in Fanhua’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.

    For more information, please contact:

    Fanhua Inc.

    Investor Relations

    Tel: +86 (20) 8388-3191

    Email: ir@fanhgroup.com 

    The MIL Network –

  • MIL-OSI: First Federal Savings Bank Partners with Gibco Motor Express, LLC to Help Those Affected by Recent Hurricanes

    Source: GlobeNewswire (MIL-OSI)

    EVANSVILLE, Ind., Oct. 09, 2024 (GLOBE NEWSWIRE) — First Federal Savings Bank has partnered with Gibco Motor Express, LLC to help those affected by the recent hurricanes. To make it easier for our community to contribute, Gibco has parked a semi-truck at First Federal Savings Bank’s Operations Center at 4920 Davis Lant Drive and is accepting donations of essential items. The semi will remain on site until it is full and will then be transferred to the disaster areas for donation drop-off.

    Donation Details:

    • Location: First Federal Savings Bank Operations Center: 4920 Davis Lant Drive Evansville, IN 47715
    • Dates: Starting October 09, 2024 – until truck is full
    • Hours: Monday through Saturday, 8:00 AM – 4:00 PM CST
    • Items Accepted: Non-perishable food, water, diapers, baby formula, clothing, toiletries, batteries, flashlights, blankets, or anything camping-related

    First Federal Savings Bank has established a fund on behalf of NewSong Church in North Carolina. We will be accepting monetary donations via check made payable to First Federal Savings Bank with Hurricane Relief and Last Name in the memo or sent digitally using Zelle by searching donations@fbei.net. At the end of the campaign, the money collected will be transferred to NewSong Church to provide humanitarian relief in the disaster areas.

    Every donation, big or small, will make a difference. Let’s come together as a community to support those in need.

    About First Federal Savings Bank Member FDIC
    First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.

    About Gibco Motor Express, LLC
    The foundation for Gibco Motor Express, LLC was laid in 1930 by a man named Vern Gibson. Since then, Gibco has forged a reputation as an industry leader in the transportation of bulk commodities. Based at four locations in Indiana, Illinois, and Kentucky, Gibco is strategically located to meet the transportation needs of its valued customers.

    The MIL Network –

  • MIL-OSI: ThreeD Capital Inc. Announces Unaudited September 30, 2024 Net Asset Value Per Share – $0.87

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at September 30, 2024, its unaudited net asset value per share (“NAV”) was $0.87.

    This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information.

    Use of Non-GAAP Financial Measures:

    This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company’s performance and may assist in the evaluation of the Company’s business relative to that of its peers. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not necessarily indicative of other metrics presented in accordance with GAAP. Existing NAV of the Company is not necessarily predictive of the Company’s future performance or the NAV of the Company as at any future date.

    About ThreeD Capital Inc.

    ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

    For further information:

    Matthew Davis, CPA
    Chief Financial Officer and Corporate Secretary
    davis@threedcap.com
    Phone: 416-941-8900

    The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

    Forward-Looking Statements

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future disclosure of NAV by the Company and the approximate timing thereof. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur including, without limitation, risks relating to the timing and content of future public disclosures by the Company or related to the fact that the term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies and may not be indicative of NAV for any future periods. Although the Company believes that the expectations reflected in the forward-looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

    The MIL Network –

  • MIL-OSI: Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced its powerful new System-in-Package (SiP) solutions powered by Qualcomm® Technologies’ chipsets that reinforce Lantronix’s position in industrial and enterprise IoT innovation, bringing advanced Artificial Intelligence (AI) and Machine Learning (ML) capabilities to the edge.

    “Qualcomm Technologies and Lantronix have had strong relationships for more than 15 years,” stated Dev Singh, vice president of Business Development and head of Industrial Automation at Qualcomm Technologies Inc. “Utilizing Qualcomm Technologies’ cutting-edge processors, Lantronix enables its customers to seamlessly deploy AI solutions at the edge, bringing its expertise in embedded computing and IoT to deliver reliable, industrial-grade systems.”

    With a combination of leading-edge performance and cost efficiency, Lantronix’s five new SiP families are set to accelerate the development of AI-driven applications in industrial and enterprise use cases, including robotics, industrial automation, video surveillance, video collaboration and drones. The new SiP modules are compliant with the Trade Agreements Act (TAA) and the National Defense Authorization Act (NDAA).

    “With the addition of these five new SiP solutions, we continue our strategic collaboration with Qualcomm Technologies that has enabled Lantronix to build a proven track record of successfully delivering integrated, collaborative solutions that are driving forward IoT and AI/ML technologies to meet the evolving needs of today’s advanced-edge applications,” said Mathi Gurusamy, chief strategy officer for Lantronix.

    Lantronix enables the creation of superior, high-performance AI-driven applications by integrating AI capabilities from the Qualcomm® AI Hub. The Qualcomm AI Hub provides a reference base of more than 100 AI models and a simplified model optimization process to efficiently utilize AI capabilities (3.5 to 100 INT-8 TOPS) in these SiP families.  

    IQ9 Series SiPs for Industrial and Robotics Applications

    Lantronix’s pin-compatible 9100IQ and 9075IQ SiPs, powered by the Qualcomm® IQ-9100 and IQ-9075 processors, provide scalable, power-efficient and robust computing to autonomous devices and next-generation Industry 4.0 designs using advanced AI. The new IQ9 Series can enable:

    • Robust safety functions in autonomous mobile robots (AMR) or platforms with functional safety (FuSa) up to level SIL-3 level (IQ-9100-based SiPs only)
    • Device robustness with fault tolerance Error Correction Code (ECC) memory support and system cost savings by leveraging an integrated, dedicated safety island (IQ-9100) or real-time subsystem (IQ-9075) with four dedicated independent processing cores supporting real-time operating systems for system error monitoring and other critical functions.
    • Robot perception, navigation and versatility improvement through a powerful Qualcomm® Adreno™ 663 GPU and support for up to 16 concurrent cameras.
    • Interactive industrial edge AI systems utilizing up to 100 TOPS by integrating Large Language Model (LLM) support at the edge. The IQ9 Series Hexagon tensor processor can achieve a generation rate of 12 tokens per second when running the Llama 2 13B parameter mode.
    • Fanless systems to enhance operating temperature with the SiP family supporting a -40°C to 115°C junction temperature range.

    Learn more about Lantronix’s 9100IQ and 9075IQ SiP families here. 

    Lantronix’s Open-Q 8550CS for Advanced Video and AI Applications

    Building on the success of its existing Open-Q SiP portfolio, Lantronix’s Open-Q 8550CS family, powered by Qualcomm® Technologies’ QSC8550 processor, delivers high AI performance, power efficiency and advanced Wi-Fi® 7 and Bluetooth® 5 connectivity, making it ideal for long-term, high-demand edge computing applications. Benefits include the abilities to:

    • Enhance video conferencing meeting experiences, automated guided vehicle pathing, smart camera image quality and edge AI box scalability with the family’s octal-core computing capabilities and 48 AI TOPS tensor performance.
    • Perform complex 3D rendering and computer vision tasks with a powerful Adreno 740 GPU supporting ray tracing, Open GL ES, Vulkan and Open CL profiles and 4K240/8K60 video decoding and 4K120/8K30 encoding.
    • Connect edge AI boxes leveraging high-speed 2.5G and 10G Ethernet ports.

    Learn more about Lantronix’s Open-Q 8550CS SiP family here. 

    Lantronix’s Open-Q 6490CS and 5430CS for Scalable AI Solutions

    Lantronix’s pin-compatible Open-Q 6490CS and Open-Q 5430CS families, powered by Qualcomm® Technologies’ QCS6490 and QCS5430 processors, allow customers to scale their product lines with minimal development effort while benefiting from low-power AI performance, Wi-Fi 6E and BLE 5+ connectivity as well as flexible peripheral expansion. Features include:

    • Real-time machine learning on 6th-generation AI engine, delivering 3.5 to 13 AI TOPS and complemented with up to octal-core CPU and Adreno 640 class GPU. 
    • Advanced multimedia and AI powered camera support through up to three concurrent ISPs supporting up to 192MP cameras, 4K30 encoding and 4K60 decoding, sufficient to handle up to 8 camera streams simultaneously for video-intensive applications.
    • Percepxion™ device management for over-the-air (OTA) upgrades for performance, security and software feature improvements. 

    Learn more about Lantronix’s Open-Q 6490CS here and 5430CS families here.

    About Lantronix   

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing. 

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to our Open-Q SIP solutions for Qualcomm developers. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances. 

    © 2024 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Qualcomm-branded products are products of Qualcomm Technologies Inc. and/or its subsidiaries. Qualcomm and Adreno are trademarks or registered trademarks of Qualcomm Incorporated. 

    Lantronix Media Contact:         
    Gail Kathryn Miller 
    Corporate Marketing & 
    Communications Manager 
    media@lantronix.com
    949-212-0960 

    Lantronix Analyst and Investor Contact:         
    investors@lantronix.com

    The MIL Network –

  • MIL-OSI: Banco Itaú Chile Schedules Third Quarter 2024 Financial Results, Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, Oct. 09, 2024 (GLOBE NEWSWIRE) —  BANCO ITAÚ CHILE (SSE: ITAUCL) announced today that it will release its results for the third quarter ended September 30, 2024, after the market closes in Santiago, on October 30, 2024.

    On Monday, November 4, 2024, at 11:00 A.M. Santiago time (9:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Claudia Labbé Montevecchi, Head of IR and Chief Sustainability Officer, and Matías Valenzuela Barrenechea, Head of FP&A, Capital and IR.

    Conference Call Details:

    Online registration: https://registrations.events/direct/Q4I613620

    All participants must pre-register using this link to join the conference call. Upon registering, each participant will be provided with details to connect to the call and a registrant ID.

    Webcast:
    The webcast will be available through the following link:

    https://events.q4inc.com/attendee/539765194

    Participants in the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. Following the event, the event will be available in the same link.

    Telephone and Virtual Q&A session:
    The Q&A session will be available for participants connected through the conference call and through the webcast, where attendees will be allowed to type in their questions – we will read and answer selected questions verbally.

    Investor Relations – Itaú Chile

    IR@itau.cl / ir.itau.cl

    The MIL Network –

  • MIL-OSI: The Keg Royalties Income Fund announces October 2024 cash distribution

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, Oct. 09, 2024 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its October 2024 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at October 21, 2024. The October 2024 distribution will be paid on October 31, 2024.

    The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool.

    With approximately 10,000 employees, over 100 restaurants and annual system sales exceeding $700 million, Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. KRL has been named the number one restaurant company to work for in Canada in the latest edition of Forbes “Canada’s Best Employers 2024” survey, securing thirteenth place in the overall ranking across all industries in the country.

    The MIL Network –

  • MIL-OSI: METHODE ELECTRONICS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Methode Electronics, Inc. – MEI

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, Oct. 09, 2024 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 25, 2024 to file lead plaintiff applications in securities class action lawsuits against Methode Electronics, Inc. (NYSE: MEI), if they purchased the Company’s shares between December 2, 2021 and March 6, 2024, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Northern District of Illinois.

    Get Help

    Methode Electronics investors should visit us at https://claimsfiler.com/cases/nyse-mei/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

    About the Lawsuit

    Methode and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

    On March 7, 2024, the Company announced its financial results for 3Q2024, disclosing that its Automotive Segment generated only $139.7 million in net sales for the quarter and suffered an $11 million loss from operations, and that it was withdrawing its prior guidance due in substantial part to the “operational challenges” at its Monterrey facility and that its prior statements regarding the guidance should no longer be relied upon. On this news, the price of Methode’s shares fell 31%, from $21.04 per share when the market closed on March 6, 2024 to $14.49 per share when the market closed on March 7, 2024, on abnormally high volume.

    The first-filed case is Salem v. Methode Electronics, Inc., No. 24-cv-07696. Another case was subsequently filed, City Of Cape Coral Municipal General Employees Retirement Plan v. Methode Electronics, Inc., No. 24cv9654

    About ClaimsFiler

    ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

    To learn more about ClaimsFiler, visit http://www.claimsfiler.com.

    The MIL Network –

  • MIL-OSI: Sampo plc’s share buybacks 9 October 2024

    Source: GlobeNewswire (MIL-OSI)

    Sampo plc, stock exchange release, 10 October 2024 at 8:30 am EEST

    Sampo plc’s share buybacks 9 October 2024

    On 9 October 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                

    Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)
      5,692 40.73 AQEU        
      43,507 40.74 CEUX
      1,612 40.72 TQEX
      41,556 40.73 XHEL
    TOTAL 92,367 40.73  

    *rounded to two decimals                

    On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors of Sampo plc resolved to increase the share buyback programme to EUR 475 million. The programme, which started on 18 June 2024, is based on the authorisation granted by Sampo’s Annual General Meeting on 25 April 2024.

    After the disclosed transactions, the company owns in total 8,316,283 Sampo A shares representing 1.51 per cent of the total number of shares in Sampo plc, taking the issuance of shares on 16 September 2024 into account.

    Details of each transaction are included as an appendix of this announcement.

    On behalf of Sampo plc,
    Morgan Stanley

    For further information, please contact:

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

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

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    The MIL Network –

  • MIL-OSI: Nokia to publish third-quarter and January-September 2024 interim report on 17 October 2024

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia to publish third-quarter and January-September 2024 interim report on 17 October 2024

    10 October 2024
    Espoo, Finland –Nokia will publish its third-quarter and January-September 2024 interim report on 17 October 2024 at approximately 8 a.m. Finnish time (EEST). The report will be made available on the Nokia website immediately after publication.

    Nokia only publishes a summary of its financial reports in stock exchange releases. The summary focuses on Nokia Group’s financial information as well as on Nokia’s outlook.

    The detailed, segment-level discussion will be available in the complete financial report hosted at http://www.nokia.com/financials. A video interview summarizing the key points of our Q3 results will also be published on the website. Investors should not solely rely on summaries of Nokia’s financial reports, but should also review the complete reports with tables.

    Analyst webcast

    • Nokia’s webcast will begin on 17 October 2024 at 11.30 a.m. Finnish time (EEST). The webcast will last approximately 60 minutes.
    • The webcast will be a presentation followed by a Q&A session. Presentation slides will be available for download at http://www.nokia.com/financials.
    • A link to the webcast will be available at http://www.nokia.com/financials.
    • Media representatives can listen in via the link, or alternatively call +1-412-317-5619.

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

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

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

    Follow us on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

  • MIL-OSI: Ascom has been awarded a major contract by the Canton of Zurich to install Ascom’s new Security Support System in nine penal institutions

    Source: GlobeNewswire (MIL-OSI)

    Baar, Switzerland, 10 October 2024

    Ascom is pleased to announce the expansion of its innovative App “Security Support System”, to nine penal institutions in Canton Zurich. The rollout of the first installation in Winterthur’s prison is scheduled for late 2024 and will continue through 2026 to eight additional correctional facilities in Canton Zurich. The entire project has a total value exceeding 3 million CHF.

    Ascom’s Security Support System has been exclusively designed to improve supervision and care in prisons and reintegration institutions to increase the safety and operational efficiency of employees working in prisons. It displays inmate profile for identification and location tracking data, and records further information for optimal care support. Currently, there is no comparable application in the market.

    The core of the solution is the Ascom’s Alarm Management System, featuring the Ascom Security Support Software and the Myco 3 and Myco 4 DECT/WiFi devices. Key features are:

    • Real-time communication and alarm management: Improving response times for correctional staff and ensuring continuous access to critical information.
    • Infrastructure integration: Compatibility and seamless integration with existing facility systems such as telephone, security systems, and mobile devices, allowing smooth deployment without the need for extensive upgrades and ensuring minimal disruption and maximum operational efficiency.
    • Enhanced supervision and monitoring capabilities: Ensuring a higher level of safety for both inmates and staff.

    In close collaboration with the Department of Justice and Home Affairs of the Canton of Zurich, the Ascom Security Support System has been successfully tested and recently implemented at the Zurich West Prison and will now be extended to nine other prisons.
    The project includes the installation of the solution into the facilities’ existing infrastructure (Ascom Unite Platform), and a 5-year contract for software maintenance and support services for each location.

    Attachment

    The MIL Network –

  • MIL-OSI: The net asset value of EfTEN Real Estate Fund AS shares as of 30.09.2024

    Source: GlobeNewswire (MIL-OSI)

    EfTEN Real Estate Fund AS’s subsidiary, EfTEN Tähesaju tee OÜ, sold its property located at Tähesaju road 5, Tallinn in September. The property was sold for 4,675 thousand euros, which is 452 thousand euros below its book value. The sale  generated 1.9 million euros in cash proceeds after loan repayments. The fund invested the proceeds from the sale into advance payments for logistics centers located at Härgmäe Str. 8 / Piimamehe Str. 7 and Paemurru road 3 in Tallinn.

    EfTEN Real Estate Fund AS generated consolidated rental income of 2,551 thousand euros in September, which is 26 thousand euros less compared to August. The decrease in rental income is primarily due to the sale of the Tähesaju property. The fund’s consolidated EBITDA for September was 2,191 thousand euros, an increase of 26 thousand euros from the previous month.

    For the first nine months of this year, the consolidated rental income of EfTEN Real Estate Fund was 23,045 thousand euros, reflecting a 1.2% increase compared to the same period last year. The fund’s investment properties generated net operating income (NOI) of 22,252 thousand euros over nine months, up by 0.2% from the same period last year. The fund’s EBITDA for the first nine months of this year totalled 19,653 thousand euros, which is 0.2% lower than the previous year.

    During the nine-month period of 2024, EfTEN Real Estate Fund AS earned 8,006 thousand euros consolidated free cash flow (EBITDA minus loan repayments minus interest expenses), which is 897 thousand euros less than in the same period last year. The decrease in cash flow is related to the increased EURIBOR. Based on the results for the first nine months of the year, the potential gross dividend is 59.19 cents per share, representing a 9.9% decrease from the previous year. Due to an active banking market, the fund’s management sees an opportunity to increase the dividend payment in the spring of 2025 through partial refinancing of bank loans.

    The weighted average interest rate on the fund’s subsidiaries’ bank loans was 5.35% at the end of September, a decrease of 0.18 percentage points from the previous month and 0.56 percentage points from the EURIBOR peak at the beginning of the year.

    The net asset value per share of EfTEN Real Estate Fund AS as of September 30, 2024, was 20.1467 euros, and EPRA NRV of 20.9623 euros. The net asset value per share increased by 0.5% in September. Excluding the extraordinary loss from the sale of the Tähesaju property, the fund’s net asset value per share would have increased by 0.7% in September.

    Marilin Hein
    CFO
    Phone +372 6559 515
    E-mail: marilin.hein@eften.ee

    Attachment

    The MIL Network –

  • MIL-OSI: KBC Group: Publication of transparency notification(s) received by KBC Group NV

    Source: GlobeNewswire (MIL-OSI)

    Publication of transparency notification(s) received by KBC Group NV

    (art. 14, 1st section of the Act of 2 May 2007 concerning the disclosure of significant participations)   

    Summary of the notification(s)

    KBC Group NV has received an updated transparency notification on 7 October 2024, which states that BlackRock has a stake of 4.37% in KBC Group (total voting rights and equivalent financial instruments). The reason for the update is a change in the structure of the BlackRock group*. 

    Content of the notification(s)

    The notification(s) contain(s) following information:

    • Reason for the notification(s): “acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer”
    • Notification(s) by: BlackRock, Inc.
    • Persons subject to the notification requirement: see annex
    • Date(s) on which the threshold is crossed / notification is updated: 1 October 2024.
    • Threshold that is crossed: KBC Group’s Articles of Association set a notification threshold of 3% of the total number of voting rights. In addition, the legal thresholds of 5% or any multiple thereof also apply. The reason for this notification is not the crossing of a threshold, but a change in the structure of the BlackRock group*.
    • Denominator (number of shares KBC Group NV): 417 305 876
    • Notified details: see annex.
    • Chain of controlled undertakings through which the holding is effectively held:
      See “11: Full chain of controlled undertakings through which the holding is effectively held” in the PDF-file(s) on http://www.kbc.com (see below).
    • The relevant notification(s) is (are) available at http://www.kbc.com > Investor relations > Shareholder information > Shareholder structure.

    * As a result of the acquisition of Global Infrastructure Partners there has been a change to BlackRock’s group Structure. Upon the close of the transaction BlackRock, Inc. was renamed BlackRock Finance, Inc. and a NewCo became the publicly listed company with the name BlackRock, Inc.

    For more information, please contact:

    Kurt De Baenst, General Manager, Investor Relations, KBC Group
    E-mail:  IR4U@kbc.com

    Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group
    E-mail: pressofficekbc@kbc.be

    Attachment

    The MIL Network –

  • MIL-OSI: Corrections to Final Terms – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To Nasdaq Copenhagen A/S        

    Corrections to Final Terms

    The English translation of the Final Terms of the bonds with ISIN-code DK0009547804 published on 23 September 2024 have been updated.

    Section 15 (Coupon Interest) of the English translation has been updated from ”For the period until the first Interest Rate Reset, the interest rate is 3.877% p.a.” to “For the period until the first Interest Rate Reset, the interest rate is 3.8769% p.a.”

    Nykredit Realkredit A/S’s Base Prospectus dated 8 May 2024 with prospectus supplement dated 14 August 2024 and the relevant Final Bond Terms are available for download in Danish and English. In the event of discrepancies between the original Danish text and the English translation, the Danish text shall prevail. The documents can be found on Nykredit’s website at nykredit.com/ir.

    Questions can be addressed to Lars Mossing Madsen, phone +45 44 55 11 66, or Christian Mauritzen, phone +45 44 55 10 14.

    Attachment

    The MIL Network –

  • MIL-OSI: WOO Innovation Hub and SphereX Partner to Elevate Meme-Driven Decentralized Trading

    Source: GlobeNewswire (MIL-OSI)

    SEYCHELLES, Victoria, Oct. 10, 2024 (GLOBE NEWSWIRE) — As part of the broader WOO Ecosystem, which includes the WOOFi protocol, a leading decentralized exchange, and WOO X, a global centralized exchange, the WOO Innovation Hub is excited to announce a strategic partnership with SphereX, a cutting-edge decentralized exchange (DEX) known for redefining digital asset trading with its meme-focused order-book perpetual exchange. This collaboration aims to bring innovation and excitement to decentralized finance (DeFi) while making advanced trading tools accessible to a wider audience.

    SphereX sets itself apart as one of the first decentralized exchange designed with meme culture at its core, catering to traders who enjoy the fast-paced world of crypto memes while maintaining serious trading functionalities. The platform combines the freedom of DeFi with an innovative order-book perpetual trading model, delivering high-performance, on-chain security and capital efficiency. With off-chain matching for rapid execution and on-chain settlement for secure trades, SphereX provides a fun yet professional environment for DeFi enthusiasts.

    The cooperation between WOO Innovation Hub and SphereX is built on a shared vision to enhance DeFi accessibility and improve capital efficiency across chains. SphereX’s multi-chain launch marks just the beginning, with plans to expand its reach to even more blockchain networks, driving innovation and inclusivity in the DeFi landscape.

    Abby Huang, WOO Innovation Hub Lead, said: “SphereX’s unique approach to combining the viral excitement of meme culture with professional-grade decentralized trading is something we’re excited to support. This collaboration allows WOO Innovation Hub to foster even more creativity in the DeFi space, while SphereX’s meme-driven order-book model adds a fresh layer of engagement and entertainment for our users.”

    SphereX stands out by addressing key issues in the current DeFi landscape, such as fragmentation and centralization, while making trading fun and engaging. Their order-book perpetual exchange, designed for meme traders, allows users to access cross-margin trading and enjoy seamless trade execution through off-chain matching. By adding an element of humor and creativity to high-stakes trading, SphereX creates a trading environment that is both inclusive and enjoyable.

    Kai, SphereX CEO stated: “Collaborating with WOO Innovation Hub is a major milestone for SphereX as we continue to expand our vision of making decentralized trading not only fun and fast but also highly scalable. With WOO’s extensive ecosystem and their unwavering commitment to innovation, we’re excited to collaborate in reaching new audiences and transforming the way people engage with DeFi.”

    Contact Us: ecosystem@woo.network

    About WOOFi
    WOOFi is a leading decentralized exchange (DEX) with over $42B in cumulative trading volume and more than 250k monthly active users. It supports 11 blockchains and offers a diverse range of products, including earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi, WOO, can be staked to share 80% of all protocol fees.

    About SphereX
    SphereX is a cutting-edge decentralized exchange (DEX) designed to make crypto trading accessible, secure, and user-friendly for everyone. By prioritizing decentralization, SphereX ensures that users have full control over their assets, with transparent and low-cost transactions. Committed to fostering a welcoming and inclusive community, SphereX embodies the spirit of Robin Hood, providing financial opportunities for all, especially those new to crypto trading or with limited resources. Join the SphereX community today and experience the future of decentralized finance.

    Disclaimer

    The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind.

    Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities. We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

    The collaboration between WOO and SphereX highlighted in the content above does not indicate in any way that WOO provides, or will provide financial service. WOO does NOT endorse, guarantee or provide advice for any products or services of its business partners. This cooperation shall in no event be interpreted as an assurance or guarantee for the listing of any tokens, whether presently existing or to be generated in the future, on WOO X or any associated exchange platforms, nor does it imply any commitment from WOO X to list any tokens on its platforms or others. The decision to list any tokens is governed by and subject to a series of separate criteria and procedures, independent of this cooperation or business partnership.

    Nothing in this article or any related content shall be construed to create or suggest the existence of a partnership, joint venture, agency relationship, or any form of legal association between WOO and SphereX. Each party is an independent entity, acting solely in its own capacity, and is responsible for its own actions, decisions, and associated risks. The collaboration mentioned does not imply any form of shared liability or financial obligation, and each party will bear its own risks and responsibilities. Furthermore, this article should not be interpreted as providing any guarantees regarding the outcome of any business ventures or collaborations mentioned, nor shall be an indication of guaranteed success or profitability for either WOOFi, WOO X or SphereX, or any of their business partners.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f8cfa220-ad9d-4556-9ca9-beea094ae3d7

    The MIL Network –

  • MIL-OSI: HSBC Continental Europe: Post Stabilisation Notice

    Source: GlobeNewswire (MIL-OSI)

    PARIS, Oct. 10, 2024 (GLOBE NEWSWIRE) —

    Bankinter S.A.

     Post Stabilisation Notice

    HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

    Issuer: Bankinter S.A.
    Guarantor (if any): na
    Aggregate nominal amount: EUR 750,000,000              
    Description: 3.5% due 10th September 2032       
    Offer price: 99.670                                
    Stabilising Manager: HSBC Continental Europe
     

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

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit http://www.rns.com.

    The MIL Network –

  • MIL-OSI: 21Shares Grows its European Crypto ETP Lineup with the Launch of Future of Crypto Index ETP (FUTR)

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, 10 October 2024 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange traded products (ETPs), today announced the launch of the 21Shares Future of Crypto Index ETP (FUTR) on Euronext Paris and Euronext Amsterdam. FUTR represents the latest addition to its growing European product lineup, representing the firm’s 44th crypto ETP, its 10th crypto basket ETP, and its first-ever crypto megatheme ETP.

    Exchange Product Name Ticker ISIN Fee
    Euronext Paris 21Shares Future of Crypto Index ETP FUTR FP CH1382892102 1.49%
    Euronext Amsterdam 21Shares Future of Crypto Index ETP FUTR NA CH1382892102 1.49%

    “Global excitement, demand and momentum for crypto is undeniable. And 21Shares has been at the forefront of increasing global access to the crypto asset class since inception in 2018 – offering investors a six-year track record of developing, launching and managing crypto ETPs,” said Hany Rashwan, Co-Founder and CEO of 21Shares. “As 21Shares’ first-ever crypto megatheme ETP, FUTR represents the next evolution of the firm’s European product lineup and a potential opportunity for investors looking for the next step after allocating to Bitcoin (BTC) and Ethereum (ETH).”

    Rashwan continued: “With the launch of FUTR, 21Shares is thrilled to leverage the firm’s world-class product development and research capabilities to bring investors access to a future-oriented, broad-based index offering easy exposure to the most promising sectors of the crypto ecosystem.”

    FUTR provides investors with comprehensive exposure to the top sectors and themes anticipated to drive the future growth of the crypto market. By tracking a broad-based index that covers over 80% of the market, the ETP offers exposure to six key megathemes expected to drive long-term growth in the crypto market:

    1. Payment Platforms: Payment platforms are blockchains or protocols specialized in transferring value.
    2. Smart Contract Platforms: A smart contract platform is a base blockchain with built-in general-purpose programmability that allows developers to write smart contracts and launch decentralized applications (dApps).
    3. Blockchain Accelerators: A blockchain accelerator is a separate blockchain that helps augment the network capacity of a settlement blockchain by orders of magnitude while inheriting the security guarantees of the latter.
    4. Decentralized Finance (DeFi): Decentralized finance is internet-native financial infrastructure that does not rely on a centralized institution such as a bank, broker, or similar intermediaries.
    5. AI and Data Solutions: This refers to platforms that leverage artificial intelligence and data technologies to enhance various aspects of crypto ecosystems.
    6. Social and Gaming: This refers to an overlaying sector between blockchain, crypto, and the gaming industries, along with social elements that enhance player interactions and community building.

    FUTR takes a market-capitalization weighted approach, with leading assets from each of these six megathemes. In addition, FUTR offers dynamic allocation, a strategy that evolves with the market to provide alignment with emerging trends and opportunities. Further, FUTR excludes meme tokens, privacy tokens and assets below a $2M liquidity threshold, focusing on quality investments. FUTR is 100% physically backed by the underlying assets stored securely in cold storage by an institutional-grade custodian, offering enhanced protection.

    21Shares worked with MarketVector Indexes as the index provider for FUTR. MarketVector Indexes brings deep market knowledge in crypto indices to the digital assets landscape.

    “The 21Shares Future of Crypto Index provides a dynamic framework for tracking key sectors driving the next phase of crypto growth. We’re excited to partner with 21Shares on this forward-thinking, innovative product”, said Steven Schoenfeld, CEO of MarketVector Indexes.

    The launch of FUTR also represents an expansion of 21Shares’ collaboration with Flow Traders, who will act as the market maker for the product.

    “This is another step forward in supporting the broader adoption of digital assets, and we are thrilled to continue to expand our role in being the leading liquidity provider in the crypto ETP space as well as our partnership with 21Shares,” said Michael Lie, Global Head of Digital Assets at Flow Traders. “Innovative products like FUTR with diversified exposure to key themes in crypto, much like sector ETFs in TradFi, are going to be essential in expanding the full reach of digital assets and its value to financial markets. In our role, we will continue supporting innovative products and driving the convergence of TradFi and crypto.”

    For more details about the 21Shares Future of Crypto Index ETP, including the factsheet, please click here.

    Press Contact

    Audrey Belloff, Head of Global Communications, audrey.belloff@21.co

    About 21.co / 21Shares

    21.co is the world’s leader in providing access to crypto through simple and easy to use products. 21.co is the parent company of 21Shares, one of the world’s largest issuers of crypto exchange traded products (ETPs) – which is powered by Onyx, a proprietary technology platform used to issue and operate cryptocurrency ETPs for 21Shares and third parties. The company was founded in 2018 by Hany Rashwan and Ophelia Snyder. 21Shares is registered in Zurich, Switzerland with offices in Zurich, London and New York. For more information, please visit 21Shares.

    About MarketVector Indexes – http://www.marketvector.com

    MarketVector IndexesTM (“MarketVector”) is a regulated Benchmark Administrator in Europe, incorporated in Germany and registered with the Federal Financial Supervisory Authority (BaFin). MarketVector maintains indexes under the MarketVectorTM, MVIS®, and BlueStar® names. With a mission to accelerate index innovation globally, MarketVector is best known for its broad suite of Thematic indexes, a long-running expertise in Hard Asset-linked Equity indexes, and its pioneering Digital Asset index family. MarketVector is proud to be in partnership with more than 25 Exchange Traded Product (ETP) issuers and index fund managers in markets throughout the world, with more than USD 50 billion in assets under management.

    About Flow Traders

    Flow Traders is a leading multi-asset market maker founded more than twenty years ago, the firm expanded into digital assets trading in 2017, focusing on centralized exchanges before expanding its operations to include over-the-counter trading, options trading and decentralized finance. Additionally, Flow Traders strategically invests in builders and teams driving the convergence of centralized and decentralized finance.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under http://www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

  • MIL-OSI: Fashion Brand Sincethen Hosts Brand Day from October 8 to 14

    Source: GlobeNewswire (MIL-OSI)

    SEOUL, KOREA, Oct. 10, 2024 (GLOBE NEWSWIRE) — The fashion brand Sincethen, known for its romantic silhouettes that enhance feminine allure, will hold a Brand Day event from October 8 to 14 on its official online store. This event will feature various benefits and activities, and it is expected to serve as an opportunity to strengthen communication with customers.

    Since its establishment in 2009, Sincethen has consistently introduced unique collections each season, themed around travel and romance. The brand focuses on making everyday life more special for its customers, striving for high-quality silhouettes through the development of sustainable materials and patterns. Throughout this process, Sincethen naturally incorporates its distinctive romantic philosophy into its products.

    The brand’s signature products include its dress line, which stands out for its romantic colors and silhouettes, as well as its collection of dresses that emphasize feminine sensibility. Notably, the tweed two-piece set has become one of Sincethen’s signature items, enjoying continued popularity.

    Recently, Sincethen has gained attention in international markets. After the protagonist of the Korean drama wore Sincethen products, the brand grew in popularity across Southeast Asia. Additionally, K-POP artists have worn Sincethen’s outfits during performances, attracting global fans’ attention.

    A representative from Sincethen stated, “Through this Brand Day event, we aim to connect with more customers and widely promote Sincethen’s romantic collections and the brand value of sustainable romance.”

    Sincethen’s Brand Day will be held from October 8 to 14 on Sincethen’s official online store.

    Media Contact

    Company: Sincethen

    Contact: kim ji-young

    Telephone: 0222696142

    Email: contact@sincethen.com

    Website: http://www.sincethen.com

    SOURCE: Sincethen

    The MIL Network –

  • MIL-OSI: Bybit Reports Milestones as bbSOL Concludes First Month on Solana Blockchain

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 10, 2024 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest crypto exchange by trading volume, is proud to announce the successful completion of bbSOL’s first month, marking a milestone in its mission to advance token staking on the Solana blockchain. As the first exchange-backed liquid staking token (LST) on Solana, bbSOL has gained momentum, attracting attention for its marketing strategies and integration across both centralized and decentralized platforms.

    Since its launch, bbSOL has positioned itself as a noticeable figure in the Solana ecosystem due to its position at the intersection of centralized finance (CeFi) and decentralized finance (DeFi). 

    Key Milestones of bbSOL’s First Month:
    Total Value Locked (TVL) Surpasses 85 million: bbSOL has outpaced other exchange-backed staking tokens in TVL, underscoring its appeal to users and highlighting its growing influence within the Solana ecosystem. This surge in TVL reflects the token’s robust adoption and Bybit’s commitment to delivering staking opportunities for its users.
    Expanded Accessibility: bbSOL will be listed on Bybit Spot on 10 Oct 2024, 10AM UTC broadening user access to both trading opportunities and liquidity rewards across multiple ecosystems. By bridging the gap between Bybit’s centralized exchange and the broader DeFi landscape, bbSOL offers a streamlined experience for token holders.
    Strategic Partnerships: In addition to its availability on Bybit Spot, bbSOL has partnered with Jupiter Exchange, Solana’s leading swap aggregator, enhancing liquidity options and making bbSOL more versatile for users looking to trade efficiently within the Solana ecosystem.

    “We are incredibly proud of the community’s enthusiastic response to bbSOL,” said Emily Bao, Head of Spot and Web3 at Bybit. “bbSOL’s success in its first month is a testament to the power of combining Bybit’s global reach with the innovation and agility of decentralized platforms. With its listing, we’re further expanding accessibility and unlocking even more opportunities for our users to trade and benefit from bbSOL. We look forward to building on this momentum and bringing even more partners into the fold as we continue to shape the future of token staking.”

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

    For more details about Bybit, readers can please visit Bybit Press. 

    For media inquiries, readers can please contact: media@bybit.com

    For more information, readers can please visit: https://www.bybit.com

    For updates, readers can please follow: Bybit’s Communities and Social Media

    Contact

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

    The MIL Network –

  • MIL-OSI: Cyber A.I. Group and A1 Advisory Announce Strategic Partnership

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and LONDON, Oct. 10, 2024 (GLOBE NEWSWIRE) — Cyber A.I. Group, Inc., an emerging growth Cybersecurity, Artificial Intelligence and IT services company engaged in the acquisition of a broad spectrum of Cybersecurity service providers on an international basis, and A1 Advisory, a London-based advisory firm specializing in advisory and investor relations services for technology-driven companies, today announced they have entered into a definitive agreement to provide strategic advisory services to support Cyber A.I. Group’s future growth initiatives.

    This collaboration marks a pivotal step for Cyber A.I. Group as it seeks to expand its global reach into new markets and sectors. With A1 Advisory’s expertise in identifying, introducing, and securing through their investor relations network investment capital, the partnership will focus on identifying key global relationships to support Cyber A.I. Group’s long-term vision for innovation and market leadership.

    “We are excited to partner with A1 Advisory to take our global outreach to the next level,” said Walter Hughes, CEO of Cyber A.I. Group. “Their deep relationships with investors will be invaluable as we scale our operations and continue to push the boundaries of A.I. and Cybersecurity.”

    A1 Advisory has a strong focus of working with high-growth technology companies and matching them with investors who provide capital and strategic value. The firm will leverage its investor relations network and expertise to assist the capital raise, which can accelerate Cyber A.I. Group’s expansion efforts while supporting the Company’s mission of enhancing Cybersecurity through A.I.-driven solutions.

    “We are excited to collaborate with Cyber A.I. Group, a company that is at the threshold of meteoric growth through the execution of its Buy & Build business model in the Cybersecurity and Artificial Intelligence space,” said Nick Sylvester, Chief Investment Officer of A1 Advisory. “By working together, we aim to introduce through our investor outreach the strategic capital which not only supports accelerated growth but is also aligned with the company’s strategic goals and growth trajectory.”

    A1 has already commenced significant outreach with both firms working closely to identify prospective institutional and retail relationships. This collaboration comes at a time of heightened interest in A.I.-driven technologies, with the global A.I. market projected to grow significantly in the coming years.

    For more information, please visit cyberaigroup.io or a1advisory.io.

    About A1 Advisory

    A1 Advisory is a premier London-based advisory firm that specializes in strategic advisory and investor relations services for technology-driven companies. With a network of top-tier investors and a deep understanding of capital markets, A1 Advisory helps clients accelerate growth and achieve their strategic goals. For more information, please visit: a1advisory.io.

    About Cyber A.I. Group

    Cyber A.I. Group, Inc. is an international company engaged in the acquisition and management of worldwide Cybersecurity and IT services firms. Cyber A.I. is pursuing a highly proactive “Buy & Build” strategy to rapidly expand operations internationally by acquiring a broad spectrum of IT services companies and repositioning them to address fast-growing market needs for Cybersecurity and Artificial Intelligence (A.I.) markets. The Company has developed an active pipeline of 100+ perspective acquisitions which are in various stages of analysis. The Company’s initial target is to acquire multiple companies representing aggregate revenues annualizing $100 million. Cyber A.I.’s business model is focused on the acquisition and consolidation of IT services companies with proven ability in broad conventional technology services with strong cash flow and enhance performance through A.I.-driven Cybersecurity initiatives. This emphasis on conventional companies with strong revenues and EBITDA distinguishes Cyber A.I. from the explosion of A.I. startups that may be pinning their future on a single technological breakthrough which may never materialize. This “Buy &Build” strategy provides Cyber A.I. with the maximum flexibility for diversification and risk management for moving into new fields and addressing fast moving market opportunities. For additional information, please visit: cyberaigroup.io.

    Paris:
    17-21 Rue Saint-Fiacre
    Paris 75002, France

    New York:
    641 Lexington Avenue, 14th Floor,
    New York, NY 10022

    Miami:
    990 Biscayne Blvd., Suite 503
    Miami, FL 33132

    A video accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b084e815-77b5-43c7-9afb-67eed27fe758

    Images accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/3af8503d-d6bf-484f-90de-51532d62ac88
    https://www.globenewswire.com/NewsRoom/AttachmentNg/628144cd-3601-4d7b-ba2c-1b1826b65a33

    The MIL Network –

  • MIL-OSI: Cash flows (CK94) – Totalkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To the Nasdaq Copenhagen

    Cash flows (CK94)

    Pursuant to s 24 Danish Capital Markets Act, Totalkredit A/S hereby publishes cash flows on open and closed annuity, index-linked and serial loans computed as at October 2024 in the attached file.

    Furthermore, the data will be distributed in the usual way through Nasdaq Copenhagen. Data on Nykredit and Totalkredit bonds is also available by ISIN code in Excel format on https://www.nykredit.com/filarkiv/.

    For further information about data format and contents, please refer to the Nasdaq website.

    Questions may be addressed to Morten Bækmand Nielsen, Head of Investor Relations, tel +45 44 55 15 21.

    Yours sincerely
    Totalkredit A/S

    Attachments

    The MIL Network –

  • MIL-OSI: Cash flows (CK94) – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    To the Nasdaq Copenhagen

    Cash flows (CK94)

    Pursuant to s 24 Danish Capital Markets Act, Nykredit Realkredit A/S hereby publishes cash flows on open and closed annuity, index-linked and serial loans computed as at October 2024 in the attached file.

    Furthermore, the data will be distributed in the usual way through Nasdaq Copenhagen. Data on Nykredit and Totalkredit bonds is also available by ISIN code in Excel format on https://www.nykredit.com/filarkiv/.

    For further information about data format and contents, please refer to the Nasdaq website.

    Questions may be addressed to Morten Bækmand Nielsen, Head of Investor Relations, tel +45 44 55 15 21.

    Yours sincerely
    Nykredit Realkredit A/S

    Attachments

    The MIL Network –

  • MIL-OSI: TC Energy announces upsizing and results of its cash tender offers

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced that TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, has released (i) the results of its previously announced seven separate offers (the “Offers”) to purchase for cash the outstanding notes of the series listed in the table below (collectively, the “Notes”) and (ii) that it has amended the Offers by increasing the Maximum Purchase Amount from US$1,750,000,000 to US$1,809,000,000, an amount sufficient to accept for purchase all Notes with Acceptance Priority Levels 1 – 5 in full, in accordance with the terms of the Tender Documents (as defined below).

    The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer to Purchase”) and the notice of guaranteed delivery attached as Appendix A thereto (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

    The Offers expired at 5 p.m. (Eastern time) on Oct. 8, 2024 (the “Expiration Date”). The Guaranteed Delivery Date will be the second business day after the Expiration Date and is expected to be Oct.10, 2024. The Settlement Date will be the fourth business day after the Expiration Date and is expected to be Oct. 15, 2024.

    According to information provided by D.F. King & Co., Inc., the Information and Tender Agent in connection with the Offers, US$2,870,274,000 combined aggregate principal amount of Notes were validly tendered prior to or at the Expiration Date and not validly withdrawn. In addition, US$78,193,000 combined aggregate principal amount of Notes were tendered pursuant to the Guaranteed Delivery Procedures and remain subject to the Holders’ performance of the delivery requirements under such procedures. The table below provides certain information about the Offers, including the aggregate principal amount of each series of Notes validly tendered and not validly withdrawn at or prior to the Expiration Date and the aggregate principal amount of Notes reflected in Notices of Guaranteed Delivery delivered at or prior to the Expiration Date pursuant to the Tender Offer Documents.

    Acceptance
    Priority
    Level    		 Title of Notes CUSIP / ISIN
    Nos. (1)    		 Principal
    Amount
    Outstanding    		 Total
    Consideration(2)    		 Principal
    Amount
    Tendered(3)    		 Principal
    Amount
    Accepted(3)    		 Principal
    Amount
    Reflected in
    Notices of
    Guaranteed
    Delivery
    1 2.500% Senior Notes due 2031 89352HBC2 / US89352HBC25 US$1,000,000,000 US$887.76 US$739,213,000 US$739,213,000 US$47,207,000
    2 5.000% Senior Notes due 2043 89352HAL3 / US89352HAL33 US$625,000,000 US$965.85 US$200,842,000 US$200,842,000 —
    3 4.875% Senior Notes due 2048 89352HAY5 / US89352HAY53 US$1,000,000,000 US$941.07 US$440,800,000 US$440,800,000 US$4,281,000
    4 5.100% Senior Notes due 2049 89352HAZ2 / US89352HAZ29 US$1,000,000,000 US$977.29 US$179,924,000 US$179,924,000 US$19,144,000
    5 4.750% Senior Notes due 2038 89352HAX7 / US89352HAX70 US$500,000,000 US$963.02 US$313,189,000 US$313,189,000 US$1,611,000
    6 4.250% Senior Notes due 2028 89352HAW9 / US89352HAW97 US$1,400,000,000 US$994.82 US$566,368,000 — US$5,880,000
    7 4.875% Senior Notes due 2026 89352HAT6 / US89352HAT68 US$850,000,000 US$1,003.36 US$429,938,000 — US$70,000

    (1) No representation is made by the Company as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this News Release or printed on the Notes. They are provided solely for convenience. 
    (2) The total consideration for each series of Notes (such consideration, the “Total Consideration”) payable per each US$1,000 principal amount of such series of Notes validly tendered for purchase. 
    (3) The amounts exclude the principal amounts of Notes for which Holders have complied with certain procedures applicable to guaranteed delivery pursuant to the Guaranteed Delivery Procedures. Such amounts remain subject to the Guaranteed Delivery Procedures. Notes tendered pursuant to the Guaranteed Delivery Procedures are required to be tendered at or prior to 5 p.m. (Eastern time) on Oct. 10, 2024.

    Overall, US$1,873,968,000 aggregate principal amount of Notes have been accepted for purchase, excluding the Notes delivered pursuant to the Guaranteed Delivery Procedures. The Maximum Purchase Condition (after giving effect to the increase described above) has been satisfied with respect to the Offers in respect of the series of Notes with Acceptance Priority Levels 1 – 5. Accordingly, all Notes of those series that have been validly tendered and not validly withdrawn at or prior to the Expiration Date have been accepted for purchase. Because the Maximum Purchase Condition was not satisfied with respect to the series of Notes with Acceptance Priority Levels 6 and 7, the Company has not accepted any Notes of such series (as indicated in the table above) and will promptly return all validly tendered Notes of such series to the respective tendering Holders.

    Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders whose Notes have been accepted for purchase in the Offers will receive the applicable Total Consideration specified in the table above for each US$1,000 principal amount of such Notes, which will be payable in cash on the applicable Settlement Date.

    In addition to the applicable Total Consideration, Holders whose Notes have been accepted for purchase will be paid the Accrued Coupon Payment. Interest will cease to accrue on the Settlement Date for all Notes accepted in the Offers, including those tendered pursuant to the Guaranteed Delivery Procedures. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by the Depository Trust Company (“DTC”) or its participants.

    The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers.

    The Company has retained Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and RBC Capital Markets, LLC to act as the dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers should be directed to Deutsche Bank Securities Inc. at (866) 627-0391 (toll-free) or (212) 250-2955 (collect), J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-4818 (collect), Morgan Stanley & Co. LLC at (800) 624-1808 (toll-free) or (212) 761-1057 (collect), or RBC Capital Markets, LLC at (877) 381-2099 (toll-free) or (212) 618-7843 (collect).

    D.F. King & Co., Inc. acts as the Information and Tender Agent for the Offers. Questions or requests for assistance related to the Offers or for additional copies of the Offer to Purchase may be directed to D.F. King & Co., Inc. in New York by telephone at +1 (212) 269-5550 (for banks and brokers only) or +1 (866) 620-9554 (for all others toll-free), or by email at TCEnergy@dfking.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers. The Tender Offer Documents can be accessed at the following link: http://www.dfking.com/transcanada.

    If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Information and Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. Upon such termination, any Notes blocked in DTC will be released.

    This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TC Energy, the Company or any of their subsidiaries. The Offers were made solely pursuant to the Offer to Purchase. The Offers were not made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, “blue sky” or other laws of such jurisdiction. In any jurisdiction in which the securities laws or “blue sky” laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

    No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to us or the Notes in any jurisdiction where action for that purpose is required. Accordingly, neither this announcement, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.

    Forward-looking Statements

    This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). Forward-looking statements include: statements regarding the terms and timing for completion of the Offers, including the settlement dates of the Notes accepted for purchase; and the satisfaction or waiver of certain conditions of the Offers.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TC Energy to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, conditions in financial markets, investor response to the Offers, and other risk factors as detailed from time to time in TC Energy’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission.

    Readers are cautioned against unduly relying on forward-looking statements. Forward-looking statements are made as of the date of the relevant document and, except as required by law, TC Energy undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise.

    About TC Energy

    We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/bcaa59bc-903b-47da-a879-8029104445fa

    The MIL Network –

  • MIL-OSI: TC Energy announces expiration and upsizing of cash tender offers for certain Canadian-dollar denominated debt securities

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES (SEE “OFFER AND DISTRIBUTION RESTRICTIONS” BELOW).

    CALGARY, Alberta, Oct. 09, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (“TC Energy”) today announced (i) the expiration of the previously announced separate offers (the “Offers”) of TransCanada PipeLines Limited (the “Company”), a wholly-owned subsidiary of TC Energy, to purchase for cash up to C$350,000,000 in aggregate purchase price, excluding accrued and unpaid interest, (the “Maximum Purchase Amount”) of its outstanding notes of the two series listed in the table below (collectively, the “Notes”) at 5 p.m. (Toronto time) on Oct. 8, 2024 (the “Expiration Date”) and (ii) the Company has amended the Offers by increasing the Maximum Purchase Amount from C$350,000,000 in aggregate purchase price, excluding accrued and unpaid interest, to C$575,000,000 in aggregate principal amount.

    The Offers

    The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated Oct. 1, 2024 relating to the Notes (the “Offer to Purchase”). Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase.

    According to information provided by TSX Trust Company, the Tender Agent, C$1,199,486,000 combined aggregate principal amount of the Notes were validly tendered in connection with the Offers prior to or at the Expiration Date and not validly withdrawn. The table below provides certain information about the Offers, including the aggregate principal amount of each series of Notes validly tendered and not validly withdrawn prior to the Expiration Date.

    Title of Notes(1) Principal
    Amount
    Outstanding    		 CUSIP / ISIN
    Nos.     (1)    		 Reference
    Security(2)    		 Bloomberg
    Reference
    Page    (2)    		 Fixed Spread
    (Basis Points)    (2)    		 Principal Amount
    Tendered
    4.180% Senior Notes due 2048 C$1,100,000,000 89353ZCC0 / CA89353ZCC01 CAN 2 ¾ 12/01/55 FIT CAN0-50 160 C$892,057,000
    3.390% Senior Notes due 2028 C$500,000,000 89353ZCA4 / CA89353ZCA45 CAN 3 ½ 03/01/28 FIT CAN0-50 60 C$307,429,000

    (1) No representation is made by TC Energy or the Company as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this news release or printed on the Notes. They are provided solely for convenience.

    (2) The total consideration for each series of Notes (such consideration, the “Total Consideration”) payable per each C$1,000 principal amount of such series of Notes validly tendered and accepted for purchase will be based on the applicable Fixed Spread specified in the table above for such series of Notes, plus the applicable yield based on the bid-side price of the applicable Canadian reference security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 10 a.m. (Toronto time) on Oct. 9, 2024, unless extended by the Company with respect to the applicable Offer. The Total Consideration does not include the applicable Accrued Coupon Payment, which will be payable in cash in addition to the applicable Total Consideration.

    Indicative Series Acceptance Amounts

    The Company expects to accept for purchase C$575,000,000 in aggregate principal amount of the 4.180% Senior Notes due 2048 (the “2048 Notes”) tendered into the Offer for such Notes on a pro rata basis within such series, with the actual amount accepted to be adjusted for rounding due to proration. The Company does not expect to accept for purchase any of the 3.390% Senior Notes due 2028 tendered into the Offer for such Notes.

    Pricing and Settlement

    Pricing in respect of the 2048 Notes is expected to occur at 10 a.m. (Toronto time) on Oct. 9, 2024, following which the Final Acceptance Amount, the Offer Yield and the Total Consideration in respect of the 2048 Notes validly tendered and accepted for purchase pursuant to the Offers will be announced by the Company.

    The “Settlement Date” in respect of any 2048 Notes validly tendered and accepted for purchase pursuant to the Offer for such Notes is expected to be Oct. 15, 2024. The Company will also pay an Accrued Coupon Payment in respect of 2048 Notes validly tendered and accepted for purchase pursuant to the Offer for such Notes. Holders whose 2048 Notes are accepted for purchase will lose all rights as Holder of the tendered 2048 Notes and interest will cease to accrue on the Settlement Date for all 2048 Notes accepted in the Offer for such Notes.

    The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase. The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered Notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers.

    Deutsche Bank Securities Inc. (“Deutsche Bank”), J.P. Morgan Securities Canada Inc. (“JPM”), Morgan Stanley Canada Limited (“MS”) and RBC Dominion Securities Inc. (“RBC”) are acting as the dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers or for copies of the Offer to Purchase should be directed to JPM at 1.403.532.2126, MS at 1.416.943.8400 or RBC at 1.877.381.2099 (toll-free) or 1.416.842.6311 (collect). Deutsche Bank is not registered as a dealer in any Canadian jurisdiction and, accordingly, neither it nor any of its affiliates will, directly or indirectly, advertise, solicit, facilitate, negotiate, effect or take any other act in furtherance of any purchase or tender of Notes in connection with the Offers and any such solicitation, advertisement or other act with respect to the Offers will be conducted by JPM, MS and RBC. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

    If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in CDS will be released.

    Offer and Distribution Restrictions

    The Offers were made solely pursuant to the Offer to Purchase. This news release does not constitute a solicitation of an offer to buy any securities in the United States. No Offer constitutes an offer or an invitation by, or on behalf of, TC Energy, the Company or the Dealer Managers (i) to participate in the Offers in the United States; (ii) to, or for the account or benefit of, any “U.S. person” (as such term is defined in Regulation S of the U.S. Securities Act of 1933, as amended); or (iii) to participate in the Offers in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction, and such persons are not eligible to participate in or tender any securities pursuant to the Offers. No action has been or will be taken in the United States or any other jurisdiction that would permit the possession, circulation or distribution of this news release, the Offer to Purchase or any other offering material or advertisements in connection with the Offers to (i) any person in the United States; (ii) any U.S. person; (iii) anyone in any other jurisdiction in which such offer or solicitation is not authorized; or (iv) any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from the United States or any such other jurisdiction (except in compliance with any applicable rules or regulations of such other jurisdiction). Tenders will not be accepted from any holder located or resident in the United States.

    In any jurisdiction in which the securities laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

    This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities of TC Energy, the Company or any of their subsidiaries.

    Forward-Looking Statements

    This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). Forward-looking statements include: statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Settlement Date thereof; and the satisfaction or waiver of certain conditions of the Offers.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of TC Energy to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that may cause actual results to vary include, but are not limited to, conditions in financial markets, investor response to the Offers, and other risk factors as detailed from time to time in TC Energy’s reports filed with Canadian securities administrators and the U.S. Securities and Exchange Commission.

    Readers are cautioned against unduly relying on forward-looking statements. Forward-looking statements are made as of the date of the relevant document and, except as required by law, TC Energy undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise.

    About TC Energy

    We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/ef553881-2d73-4dda-9255-428724543d0a

    The MIL Network –

  • MIL-OSI: Form 8.3 – [KEYWORDS STUDIOS PLC] – 08 10 2024 – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

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

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		 N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 KEYWORDS STUDIOS PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 08 OCTOBER 2024
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”    		 N/A

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

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

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

    Class of relevant security: 1p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 1,369,434 1.7008    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 1,369,434 1.7008    

    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
    1p ORDINARY SALE 390 2436.2p
    1p ORDINARY SALE 790 2438.2p

    (b)        Cash-settled derivative transactions

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

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

    (i)        Writing, selling, purchasing or varying

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

    (ii)        Exercise

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

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

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

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

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

    NONE

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

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

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 09 OCTOBER 2024
    Contact name: MARK ELLIOTT
    Telephone number: 01253 376539

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

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

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

    The MIL Network –

  • MIL-OSI: Woodbridge International Closes Sale of Bristol Machine Company to Industrial Threaded Products

    Source: GlobeNewswire (MIL-OSI)

    NEW HAVEN, Conn., Oct. 09, 2024 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Bristol Machine Company by Industrial Threaded Products.

    Bristol Machine Company headquartered in Ontario, California is the premier distributor and fabricator of fastening systems and industrial products that support various industries including construction, marine, and power (solar, wind energy, pole-line).

    Industrial Threaded Products (ITP) services the fastener hardware requirements of commercial manufacturers and construction wholesale distributors, nationwide. ITP exists to make customers connections through extensive knowledge and service.

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

    For more information, contact Don Krier, dkrier@woodbridgegrp.com or call 203.389.8400 x 201

    The MIL Network –

  • MIL-OSI: Blue Foundry Bancorp Schedules Third Quarter 2024 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    RUTHERFORD, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) — Blue Foundry Bancorp (NASDAQ: BLFY) (the “Company”), the holding company for Blue Foundry Bank, announced that on the morning of Wednesday, October 23, 2024 it will release financial results for the quarter ended September 30, 2024. A copy of the earnings release will be available on the Company’s website, https://ir.bluefoundrybank.com/, in the “News” section and on the SEC’s website, https://www.sec.gov/.

    Representatives of the Company will hold a conference call for investors and analysts on Wednesday, October 23, 2024 at 11:00AM (ET) to discuss the Third Quarter 2024 Earnings. Blue Foundry Bancorp will address live questions from analysts. The conference call will be recorded and will be available on the Company’s website for one month.

    We encourage participants to pre-register to listen to the webcast call by using the link below. Upon registration, participants will immediately receive an online confirmation, an email, and a calendar invitation for the event.

    Webcast pre-registration link:  
    https://events.q4inc.com/attendee/821566286

    Participants who are unable to join via webcast may dial-in on the day of the call:

    Participants Dial-In Information:
    United States (Toll Free): 1-833-470-1428
    International: 1-404-975-4839
    Access code: 725750

    About Blue Foundry Bancorp and Blue Foundry Bank
    Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a place where things are made, purpose is formed, and ideas are crafted. Headquartered in Rutherford NJ, with presence in Bergen, Essex, Hudson, Middlesex, Morris, Passaic, Somerset and Union counties, Blue Foundry Bank is a full-service, innovative bank serving the doers, movers, and shakers in our communities. We offer individuals and businesses alike the tailored products and services they need to build their futures. With a rich history dating back more than 145 years, Blue Foundry Bank has a longstanding commitment to its customers and communities.

    Forward-Looking Statements
    This press release may contain certain forward-looking statements about the Company. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They may or may not include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include but are not limited to conditions related to the global coronavirus pandemic, changes in the interest rate environment, changes in the rate of inflation, general economic conditions or conditions within the securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and its subsidiaries are engaged. 

    Contact:
    James D. Nesci
    President and Chief Executive Officer
    bluefoundrybank.com
    jnesci@bluefoundrybank.com
    201-972-8900

    The MIL Network –

  • MIL-OSI: WTW launches partnership with the University of Colorado Boulder to harness the climate prediction revolution

    Source: GlobeNewswire (MIL-OSI)

    LONDON, Oct. 09, 2024 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company today announced a new scientific partnership with the University of Colorado Boulder to transfer scientific advances in seasonal climate prediction to the insurance and risk management industries. Through this collaboration, WTW and its clients will be able to anticipate how weather events will affect their operations and portfolios over the next quarter and prepare for forecasted climate risks.

    Natural fluctuations in the Pacific Ocean – known as El Niño and La Niña – are the leading cause of year-over-year changes in the global climate. The reach of these patterns extends far beyond the Pacific and affects the odds of drought, wildfire, heatwaves, and hurricanes across much of the world. Because meteorological agencies are now able to predict El Niño and La Niña episodes several months ahead of time, these forecasts provide advance warning of severe weather events and likely climate impacts over large parts of the globe.

    Historically, the state of the tropical Pacific has cost trillions of dollars in direct damages and reduced economic growth. But most businesses have only begun to take advantage of the strong predictability offered by El Niño and La Niña. WTW has teamed with the University of Colorado Boulder to harness the ongoing ‘climate prediction revolution’ for business use and improve our ability to predict global climate for the coming season, year, and decade. At CU Boulder, the collaboration will be led by Prof. Pedro DiNezio, a leading expert in long-term climate forecasts, the effects of El Niño, and climate extremes under global warming.

    Scott St. George, Head of Weather and Climate Research for the WTW Research Network, said, “What happens in the tropical Pacific certainly does not stay in the tropical Pacific. El Niño and La Niña can reach across the entire globe to affect local weather and the risks of catastrophic perils. We are excited to work together with Prof. DiNezio so our clients know well in advance how to prepare their business when El Niño and La Niña are on the horizon. These insights will be especially valuable for sectors that depend strongly on natural resources, such as energy producers, food and beverage, and transportation.”

    Pedro DiNezio, Associate Professor in the Department of Atmospheric and Oceanic Sciences at CU Boulder, added, “Making predictions is one of the most thrilling parts of my work. Every prediction tests our understanding of the inner workings of the climate system. In addition, El Niño and La Niña happen every several years, therefore we do not fully know everything about these complex, sometimes chaotic phenomena, keeping our research fresh and exciting. This collaboration with WTW adds a new layer to this challenge as we learn how to produce predictions that are useful for the insurance sector and vulnerable communities around the world”.

    About WTW

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

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

    Learn more at wtwco.com.

    About the University of Colorado Boulder

    At the foot of the Rocky Mountains, the University of Colorado Boulder is nationally recognized as one of only 38 AAU public research universities. Established in 1876, CU Boulder is an R1 public research university with five Nobel laureates, nine MacArthur fellows and is the No. 1 public university recipient of NASA awards. CU Boulder is a leader in many fields, including aerospace engineering, earth and environmental science, physics, and environmental law. The school partners with many notable federal research labs, including the National Oceanic and Atmospheric Administration, the National Institute of Standards and Technology, and the National Renewable Energy Laboratory. Learn more.

    Media contact

    Sarah Booker: +44 7917 722040
    Sarah.booker@willistowerswatson.com

    CU Boulder Media Relations:
    cunews@colorado.edu

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