NewzIntel.com

Category: Intelligence

  • MIL-OSI China: CNSA releases Earth, moon images captured by Tianwen-2 probe

    Source: People’s Republic of China – State Council News

    This image released by the China National Space Administration (CNSA) shows a view of the Earth captured by the Tianwen-2 probe on May 30, 2025 and post-processed by scientific researchers. [CNSA/Handout via Xinhua]

    The China National Space Administration (CNSA) on Tuesday released images of Earth and the moon captured by the Tianwen-2 probe in orbit.

    The CNSA said that the narrow-field-of-view navigation sensor equipped on the probe recently captured the images of Earth and the moon, demonstrating good functional performance.

    The images released include a photograph of Earth obtained by Tianwen-2 when it was approximately 590,000 kilometers away from the planet, as well as a new photograph of the moon captured when it was about the same distance from the moon. After the images were transmitted back to the ground, they were processed and produced by scientific researchers.

    The Tianwen-2 probe has currently been in orbit for over 33 days, at a distance from Earth exceeding 12 million kilometers, and it is in good working condition, the CNSA said.

    This image released by the China National Space Administration (CNSA) shows a view of the moon captured by the Tianwen-2 probe on May 30, 2025 and post-processed by scientific researchers. [CNSA/Handout via Xinhua]

    China launched its first asteroid sample-return mission, Tianwen-2, on May 29 — an endeavour to shed light on the formation and evolution of asteroids and the early solar system.

    The mission aims to achieve multiple goals over a decade-long expedition: collecting samples from near-Earth asteroid 2016HO3 and exploring main-belt comet 311P, which is farther from Earth than Mars.

    MIL OSI China News –

  • MIL-OSI Security: TdA leader charged with terrorism and nationwide stolen vehicle scheme among those announced as part of Operation Take Back America efforts

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    HOUSTON – A total of 202 cases have been filed from June 20-26 in border-security and other related matters in the Southern District of Texas, announced U.S. Attorney Nicholas J. Ganjei.

    The filed cases include seven involving human smuggling. A total of 125 people are charged with illegally entering the country, while another 65 face charges of felony reentry after prior removal. Most of those individuals have prior felonies such as narcotics, violent crime, immigration crimes, sexual assault and more. Other relevant cases charged this week relate to immigration crimes, firearms and illegal exportation of stolen vehicles.

    Among those newly charged are two Cuban nationals allegedly involved in a nationwide multimillion-dollar auto theft ring. Sadiel Noa-Aguila and Miguel Baez-Echevarria are allegedly part of a large ring linked to numerous vehicle thefts, primarily from major metropolitan airports and surrounding areas including Las Vegas, Nevada; Phoenix, Arizona; Salt Lake City, Utah; Denver, Colorado; Fort Lauderdale, Florida; and Texas cities including Dallas-Fort Worth and Houston. Several vehicles were allegedly exported to Mexico through ports of entry in Hidalgo County and El Paso. The charges allege the organization stole vehicles worth millions of dollars in total.

    Others facing charges include several Mexican nationals who allegedly illegally reentered the country this week, including Juan Lopez who had just been removed June 2. He has a previous conviction of evading arrest and had been sentenced to 10 years in prison, according to the criminal complaint. Charges also allege Hugo Perez-Garza and Ventura De Jesus Sandoval-Torres have previous convictions for trafficking marijuana and alien smuggling, respectively, and had been previously removed, but authorities found them in the Pharr area. Discovered near Hidalgo was Jesus Jaime Saavedra-Orozco, a convicted felon for aggravated sexual assault of a child and sentenced t0 18 years before his removal, according to the allegations. They all face up to 20 years in prison. 

    Also announced this week was a known Tren de Aragua (TdA) leader added to the FBI’s 10 Most Wanted Fugitives List. Giovanni Vincente Mosquera Serrano aka El Viejo is charged along with Jose Enrique Martinez Flores aka Chuqui with conspiring to provide and providing material support to a designated foreign terrorist organization – TdA – as well as conspiracy and distribution of cocaine in Colombia intended for distribution in the United States. Both are Venezuelan nationals and high ranking TdA members, according to the allegations. If convicted, both face up to life in federal prison and a possible $10 million fine. There is a $3 million reward for information leading to Serrano’s arrest and/or conviction. 

    “Transnational criminal gangs and cartels have preyed upon Americans for far too long,” said Ganjei. “That ends now. The Southern District of Texas is committed to smashing these criminal terror groups and will use every available legal tool to do so. It doesn’t matter if you are hiding a continent away; if you hurt U.S. citizens, we will find you and bring you to justice. This is what Operation Take Back America looks like.” 

    In Laredo, a Mexican citizen with a B1/B2 visa was sentenced for transportation of child pornography. Martin Alonso Diaz-Lopez received 180 months. At the hearing, the court held him accountable for 66,489 images and noted that not only was he receiving, but also sharing the photos online and bringing them into the United States. Many of the images and videos he possessed were of very young children and toddlers being raped. Authorities had linked his email from a visa application to that of a known user sharing material online and ultimately apprehended him upon his arrival at the Lincoln-Juarez Port of Entry in Laredo applying for admission into the United States. 

    Mexican national Jesus Hernandez-Herrera received a 66 month-term of imprisonment for unlawfully reentering the country and human smuggling after crashing during a high-speed chase. He had been transporting illegal aliens in a Ford Expedition before fleeing authorities and weaving in and out of heavy traffic with speeds reaching 95 miles per hour. At his sentencing, the court heard additional evidence that described his criminal history, including another evading arrest in which he drove his car towards a federal agent and almost collided with a pedestrian. He also has five previous removals from the United States.  

    Another illegal alien learned his sentence for trafficking over $1 million in cocaine. Miguel Angel Reyes-Sanchez received 57 months in federal prison. During the investigation and operations, authorities seized over 50 kilograms of cocaine. At the sentencing, the court heard additional evidence that described Reyes-Sanchez’s role in the drug trafficking organization and that he was involved in multiple transactions.  

    In Houston, a Honduran national received his sentence for illegally reentering the United States. Denis Hernandez-Cruz was ordered to serve 60 months in federal prison. In handing down the sentence, the court noted he needed a substantial sentence to deter him from illegally reentering again. Hernandez-Cruz has felony convictions for illegal reentry as well as two convictions for burglary of a habitation. He has three prior removals from the United States, most recently in April 2020.

    Angel Zavaleta-Rodriguez, an illegal alien from El Trapiche, Guerrero, Mexico, pleaded guilty in Brownsville federal court to illegal reentry into the United States. He had been removed from the United States in August 2000 and had previously returned illegally. Authorities removed him again Nov. 13, 2023, but encountered him March 25 in Harlingen. Zavaleta-Rodriguez had been residing in Sebastian illegally. He faces up to 20 years in federal prison.  

    These cases were referred or supported by federal law enforcement partners, including Immigration and Customs Enforcement (ICE) – Homeland Security Investigations, ICE – Enforcement and Removal Operations, Border Patrol, Drug Enforcement Administration, FBI, U.S. Marshals Service and Bureau of Alcohol, Tobacco, Firearms and Explosives with additional assistance from state and local law enforcement partners.

    The cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhood.

    Under current leadership, public safety and a secure border are the top priorities for this district. Enhanced enforcement both at the border and in the interior of the district have yielded aliens engaged in unlawful activity or with serious criminal history, including human trafficking, sexual assault and violence against children.  

    The U.S. Attorney’s Office for the Southern District of Texas remains one of the busiest in the nation. It represents 43 counties and more than nine million people covering 44,000 square miles. Assistant U.S. Attorneys from all seven divisions including Houston, Galveston, Victoria, Corpus Christi, Brownsville, McAllen and Laredo work directly with our law enforcement partners on the federal, state and local levels to prosecute the suspected offenders of these and other federal crimes. 

    An indictment or criminal complaint is a formal accusation of criminal conduct, not evidence. A defendant is presumed innocent unless convicted through due process of law.

    MIL Security OSI –

  • MIL-OSI Security: Western District of Texas U.S Attorney’s Office Files 253 New Immigration Cases This Week

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    SAN ANTONIO – United States Attorney Justin R. Simmons for the Western District of Texas announced today, that federal prosecutors in the district filed 253 new immigration and immigration-related criminal cases from June 20 through 26.

    Among the new cases, U.S. citizen Justin Joel Knight was arrested near Carrizo Springs on June 19 for conspiring to transport an illegal alien further into the United States. A criminal complaint alleges Knight underwent an immigration inspection at the Highway 277 Border Patrol checkpoint, during which an illegal alien was found inside the toolbox located in the bed of Knight’s pickup truck. The illegal alien who Knight was allegedly transporting was Honduran national Jose Alfredo Pena-Miranda. Pena-Miranda is charged with illegal re-entry and was previously deported twice, most recently to Honduras in May 2019 through Valley International Airport. In 2014, he was convicted of aggravated robbery and sentenced to five years confinement.

    Mexican national David Lopez-Bartolo was arrested by U. S. Border Patrol agents near Maverick for being an alien illegally present in the U.S. Immigration records indicate Lopez-Bartolo was previously deported to Mexico on Feb. 4 through Laredo and has multiple prior convictions including criminal mischief, deadly conduct, driving under the influence, evading arrest, and family violence assault causing bodily injury.

    Honduran national Rigoberto Alvarado Escobar was also arrested for illegal re-entry charges near Maverick. He has been deported four times, the last one being to Honduras on July 29, 2024, through Alexandria, Louisiana. Alvarado Escobar’s criminal history includes several convictions in Kentucky for disorderly conduct, criminal trespassing, unauthorized use of a motor vehicle, resisting arrest, assault and illegal re-entry.

    Mexican nationals Angel Arturo Barbosa-Morales and Miguel Angel Herrera Miranda were arrested in El Paso and charged with illegal re-entry. Barbosa-Morales has two prior removals, the last one being to Mexico on Aug. 11, 2022, and has prior convictions for aggravated assault and assaulting/resisting/obstructing. Herrera Miranda was previously removed from the U.S. to Mexico in July 2003. He was previously convicted for possession of a controlled substance with intent to distribute.

    Guatemalan national Juan Bautista Carrillo-Gomez was arrested for illegal re-entry in El Paso after being removed to Guatemala on May 20 through Harlingen. Carrillo-Gomez has an extensive criminal record that includes prior convictions for willful obstruction and battery.

    In San Antonio, a Honduran national was federally charged with possession of a firearm by an illegal alien. A criminal complaint alleges Wilmer Vladimir Ruiz Ortega shot and paralyzed a U.S. Marine Corps veteran who was working as a security guard at a bar. According to the complaint, the veteran security guard conducted a routine pat-down on Ruiz Ortega at the bar’s entrance when he located a pistol in the defendant’s pocket. A scuffle ensued and Ruiz Ortega allegedly shot the security guard three times, with one of the rounds hitting his neck and causing serious bodily injury. The complaint further alleges that Ruiz Ortega attempted to flee in a vehicle but was detained.

    In Austin, an Iranian national was arrested and charged with one count of failure to deport. Jamil Bahlouli had been ordered to report to the Immigration and Customs Enforcement office in 2024 following an illegal re-entry conviction. Bahlouli did not follow the order and appear but was found in Austin on June 25.

    Honduran national Abner Javier Torres-Maldonado was encountered in the Travis County Jail on Tuesday following an arrest by the Texas Department of Public Safety. In 2018, Torres-Maldonado was convicted for alien smuggling.

    Jose Luis Hernandez-Salinas, a Mexican national, was also encountered at the Travis County Jail with two prior removals. Additionally, Hernandez-Salinas has been previously convicted for being a felon in possession of a firearm, illegal re-entry, and possession of a controlled substance.

    Mexican national Hermenegildo Prado-Perez was arrested in Waco by a U.S. Marshal and a Homeland Security Investigations special agent during a targeted enforcement action. He was charged with illegal re-entry after being previously removed from the U.S. in April 2024 through Laredo. Prado-Perez has a prior conviction for soliciting prostitution of a minor.

    Also in Waco, Guatemalan national Pablo David Cajti-Tzoy was arrested in Temple on June 21 after being encountered by the U.S. Immigration and Customs Enforcement (ICE) Waco Fugitive Operations Team. Cajti-Tzoy was not in possession of his I-94 when he was encountered by ICE officers. He also failed to notify the Attorney General in writing of his new address and address change within 10 days. Cajti-Tzoy pleaded guilty in federal court on June 24 and was sentenced to time-served.

    These cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with additional assistance from state and local law enforcement partners.

    The U.S. Attorney’s Office for the Western District of Texas comprises 68 counties located in the central and western areas of Texas, encompasses nearly 93,000 square miles and an estimated population of 7.6 million people. The district includes three of the five largest cities in Texas—San Antonio, Austin and El Paso—and shares 660 miles of common border with the Republic of Mexico.

    These cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

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    MIL Security OSI –

  • MIL-OSI Security: Possession of Machine Gun While on Probation for Two Armed Robberies Nets Felon 57 Months in Prison

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

                WASHINGTON – Derkwon Johnson, 26, of the District of Columbia, was sentenced today in U.S. District Court to 57 months in prison in connection with being a felon in possession of a loaded Glock 23 equipped with a machine gun conversion device, while he was on probation for two armed robberies, an assault, and other crimes.  The sentence was announced by U.S. Attorney Jeanine Ferris Pirro.

                Johnson pleaded guilty on Jan. 29, 2025, to unlawful possession of a firearm and ammunition by a felon. In addition to the prison sentence, Judge Loren L. AliKhan ordered Johnson to serve three years of supervised release.

                According to court papers, in December 2023, MPD investigators were alerted to Johnson’s posts on Instagram depicting large clear plastic bags of a green leafy substance, a firearm, and ammunition. On Jan. 4, 2024, Officers with the Sixth District Crime Suppression Team executed a residential search warrant on Johnson’s home on the 3600 block of Minnesota Ave. SE.

                Officers entered Johnson’s apartment shortly after 6 a.m. to find six occupants – Johnson, Johnson’ half-sister, and her four small children – in a bed in a second bedroom. In the first bedroom, which was not occupied as police entered, officers recovered a .40 caliber Glock 23 pistol from the top of a piece of bedside furniture. The pistol, loaded with 28 rounds of ammunition, was equipped with a machine gun conversion device.

                Police also recovered a loaded ammunition magazine, a firearm laser attachment, addition ammunition, a bag containing 335 grams of a green leafy substance, a pill bottle containing 40 white pills stamped RP/10 325 (oxycodone), a scale, and $4,704 in cash.

                Investigators searched Johnson’s Instagram account and discovered multiple chats, videos, and messages advertising or arranging for the sale of pills and marijuana between Oct. 4, 2023, and Jan. 4, 2024.

                At the time of the January 4 arrest, Johnson was on probation for 2018 convictions in D.C. Superior Court for conspiracy to commit robbery, two counts of armed robbery, two counts of possession of a firearm during a crime of violence, possession with intent to distribute (PCP), and assault with a dangerous weapon.

                This case was investigated by the Metropolitan Police Department, the FBI Washington Field Office, and the Bureau of Alcohol, Tobacco, Firearms and Explosives. It was prosecuted by Assistant U.S. Attorney Sarah Martin.

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    MIL Security OSI –

  • MIL-OSI Security: Two Indicted for Drug Trafficking Conspiracy

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    KANSAS CITY, Mo. – A Kansas City, Mo. man and woman who sold drugs to an undercover agent have been indicted by a federal grand jury. The man was also indicted on firearm charges.

    Marcellus W. Anderson, 31, and Tyra K. M. McGee, 37, were charged today in a 14-count indictment returned by a federal grand jury in Kansas City, Mo.  Today’s indictment replaces a federal criminal complaint that was filed against Anderson and McGee on June 12, 2025.

    The federal indictment charges Anderson and McGee with participating in a conspiracy to distribute fentanyl and a fentanyl analogue between December 1, 2023, and June 11, 2025.  They are also charged together in one count of distributing fentanyl and one count of distributing a fentanyl analogue.

    Additionally, Anderson is charged with three counts of distribution of cocaine, one count of distribution of methamphetamine, five counts of distribution of fentanyl, one count of possession of a firearm in furtherance of a drug trafficking crime, and one count of being a felon in possession of a firearm.

    According to an affidavit filed in support of the original complaint, Anderson sold cocaine to an undercover agent with the Bureau of Alcohol, Tobacco, Firearms and Explosives on three occasions, methamphetamine on one occasion, fentanyl on six occasions, and a fentanyl analogue on one occasion.  McGee participated in one of the fentanyl transactions and the fentanyl analogue transaction.  Additionally, Anderson had a Glock, Model 27, .40 caliber pistol in his lap during one of the transactions, which he commented was for protection.  Under federal law, it is illegal for anyone who has been convicted of a felony to be in possession of any firearm or ammunition.  Anderson has a prior felony conviction for receiving stolen firearms.

    The charges contained in this indictment are simply accusations, and not evidence of guilt. Evidence supporting the charges must be presented to a federal trial jury, whose duty is to determine guilt or innocence.

    This case is being prosecuted by Special Assistant U.S. Attorney Jessica L. Jennings. It was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives; the Drug Enforcement Administration; the Kansas City, Missouri Police Department; and the Missouri Western Interdiction and Narcotics Task Force.

    Operation Take Back America

    This case is part of Operation Take Back America a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN). (https://www.justice.gov/dag/media/1393746/dl?inline)

    MIL Security OSI –

  • MIL-OSI Submissions: Discovery of a 4,000-year-old Bronze Age settlement in Morocco rewrites history

    Source: The Conversation – Africa (2) – By Hamza Benattia, Prehistory, Universitat de Barcelona

    A new archaeological discovery at Kach Kouch in Morocco challenges the long-held belief that the Maghreb (north-west Africa) was an empty land before the arrival of the Phoenicians from the Middle East in around 800 BCE. It reveals a much richer and more complex history than previously thought.

    Everything found at the site indicates that during the Bronze Age, more than 3,000 years ago, stable agricultural settlements already existed on the African coast of the Mediterranean.

    This was at the same time as societies such as the Mycenaean flourished in the eastern Mediterranean.

    Our discovery, led by a team of young researchers from Morocco’s National Institute of Archaeology, expands our knowledge of the recent prehistory of north Africa. It also redefines our understanding of the connections between the Maghreb and the rest of the Mediterranean in ancient times.

    How the discovery was made

    Kach Kouch was first identified in 1988 and first excavated in 1992. At the time, researchers believed the site had been inhabited between the 8th and 6th centuries BCE. This was based on the Phoenician pottery that was found.

    Nearly 30 years later, our team carried out two new excavation seasons in 2021 and 2022. Our investigations included cutting-edge technology such as drones, differential GPS (global positioning systems) and 3D models.

    A rigorous protocol was followed for collecting samples. This allowed us to detect fossilised remains of seeds and charcoal.

    Subsequently, a series of analyses allowed us to reconstruct the settlement’s economy and its natural environment in prehistoric times.

    What the remains revealed

    The excavations, along with radiocarbon dating, revealed that the settlement underwent three phases of occupation between 2200 and 600 BCE.

    The earliest documented remains (2200–2000 BCE) are scarce. They consist of three undecorated pottery sherds, a flint flake and a cow bone.

    The scarcity of materials and contexts could be due to erosion or a temporary occupation of the hill during this phase.

    In its second phase, after a period of abandonment, the Kach Kouch hill was permanently occupied from 1300 BCE. Its inhabitants, who probably numbered no more than a hundred, dedicated themselves to agriculture and animal husbandry.

    They lived in circular dwellings built from wattle and daub, a technique that combines wooden poles, reeds and mud. They dug silos into the rock to store agricultural products.

    Analysis shows that they cultivated wheat, barley and legumes, and raised cattle, sheep, goats and pigs.

    They also used grinding stones for cereal processing, flint tools, and decorated pottery. In addition, the oldest known bronze object in north Africa (excluding Egypt) has been documented. It is probably a scrap metal fragment removed after casting in a mould.

    Interactions with the Phoenicians

    Between the 8th and 7th centuries BCE, during the so-called Mauretanian period, the inhabitants of Kach Kouch maintained the same material culture, architecture and economy as in the previous phase. However, interactions with Phoenician communities that were starting to settle in nearby sites, such as Lixus, brought new cultural practices.

    For example, circular dwellings coexisted with square ones made of stone and wattle and daub, combining Phoenician and local construction techniques.

    Furthermore, new crops began to be cultivated, like grapes and olives. Among the new materials, wheel-made Phoenician ceramics, such as amphorae (storage jugs) and plates, and the use of iron objects stand out.

    Around 600 BCE, Kach Kouch was peacefully abandoned, perhaps due to social and economic changes. Its inhabitants likely moved to other nearby settlements.

    So who were the Bronze Age inhabitants?

    It’s unclear whether the Maghreb populations in the Bronze Age lived in tribes, as would later occur during the Mauretanian period. They were probably organised as families. Burials suggest there were no clear signs of hierarchy.

    They may have spoken a language similar to the Amazigh, the indigenous north African language, which did not become written until the introduction of the Phoenician alphabet. The cultural continuity documented at Kach Kouch suggests that these populations are the direct ancestors of the Mauretanian peoples of north-west Africa.

    Why this matters

    Kach Kouch is not only the first and oldest known Bronze Age settlement in the Maghreb but also reshapes our understanding of prehistory in this region.

    The new findings, along with other recent discoveries, demonstrate that north-west Africa has been connected to other regions of the Mediterranean, the Atlantic and the Sahara since prehistoric times.



    Read more:
    Discovery of 5,000-year-old farming society in Morocco fills a major gap in history – north-west Africa was a central player in trade and culture

    Our findings challenge traditional narratives, many of which were influenced by colonial views that portrayed the Maghreb as an empty and isolated land until it was “civilized” by foreign peoples.

    As a result, the Maghreb has long been absent from debates on the later prehistory of the Mediterranean. These new discoveries not only represent a breakthrough for archaeology, but also a call to reconsider dominant historical narratives. Kach Kouch offers the opportunity to rewrite north Africa’s history and give it the visibility it has always deserved.



    Read more:
    Ancient DNA reveals Maghreb communities preserved their culture and genes, even in a time of human migration

    We believe this is a decisive moment for research that could forever change the way we understand not only the history of north Africa, but also its relationship with other areas of the Mediterranean.

    Hamza Benattia, director of the Kach Kouch Archaeological Project, received funding from the National Institute of Archaeology and Heritage of Morocco (INSAP), the Prehistoric Society Research Fund, the Stevan B. Dana Grant of the American Society of Overseas Research, the Mediterranean Archaeological Trust Grant, the Barakat Trust Early Career Award, the Centre Jacques Berque Research Grant, the Institute of Ceutan Studies Research Fund and the University of Castilla La Mancha.

    – ref. Discovery of a 4,000-year-old Bronze Age settlement in Morocco rewrites history – https://theconversation.com/discovery-of-a-4-000-year-old-bronze-age-settlement-in-morocco-rewrites-history-253172

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  • MIL-OSI Submissions: Africa’s worsening food crisis – it’s time for an agricultural revolution

    Source: The Conversation – Africa – By William G. Moseley, DeWitt Wallace Professor of Geography, Director of Food, Agriculture & Society Program, Macalester College

    Rates of hunger in Africa are unacceptably high and getting worse.

    The UN State of Food Security and Nutrition in the World 2024 report reveals that food insecurity in Africa is the highest of any world region. The prevalence of undernourishment is 20.4% (some 298.4 million Africans) – over twice the global average. The figure has grown steadily since 2015.

    Climate change and conflict are contributing to this problem. But I suggest that something more fundamental lies at the heart of the challenge: the ideas and plans used in the postcolonial period to guide how Africa produces food and seeks to reduce malnutrition. While rates of food insecurity vary across the continent, and are worse in central and west Africa, this is a region-wide challenge.

    I’m a scholar of African food security and agriculture. In a new book, Decolonising African Agriculture: Food Security, Agroecology and the Need for Radical Transformation, I argue that to feed Africa better, decision-makers and donors ought to:

    • reduce the focus on commercial agricultural production as a way to address food insecurity

    • stop thinking that agricultural development is solely about commercialising farming and supporting other industries

    • adopt an agroecological approach that uses farmer knowledge and natural ecological processes to grow more with fewer external inputs, such as fertilisers.

    Conventional approaches have failed across various contexts and countries. I look at what’s going wrong with how governments think about agriculture – and where the focus needs to be instead to tackle Africa’s hunger crisis.

    Focus on production agriculture

    Many of the core ideas around agriculture date back to the colonial era.

    Modern crop science, or agronomy, was developed in Europe to serve colonial interests. The goal was to produce crops that would benefit European economies. Although this approach has been criticised, it still heavily influences agriculture today. The idea is that producing more food will solve food insecurity.

    Food security has six dimensions. While increased food production might address one of these dimensions – food availability – it often fails to address the other five: access, stability, utilisation, sustainability and agency.

    Food insecurity is not always about an absolute lack of food, but about people’s inability to get the food that is there.

    Unstable prices may be one reason. Or people may not have cooking fuel. Agricultural practices may be unsustainable. This often happens when farmers have limited control over how and what they farm.

    The west African nation of Mali, for example, has focused on cotton exports based on the idea that it would bolster economic growth and that cotton farmers could use their new equipment and fertiliser to grow more food. Research shows, however, that this led to the destruction of soil resources, indebtedness for farmers, and alarming rates of child malnutrition.

    Another example is South Africa’s post-apartheid land reform initiatives, which adopted a large scale commercial agricultural model. This has led to high rates of project failure and has done little to address high rates of malnutrition.

    Agriculture as a first step

    The second major challenge in addressing Africa’s high malnutrition rates is that many countries and international organisations don’t value agricultural development for itself. It’s seen as the first step towards industrialisation.

    Commercial agriculture has become paramount. It tends to focus on a single crop, with expensive inputs (like fertilisers) and with connections to far-away markets. Smaller farms, focused on production for home consumption and local markets, are less valued. These farms may not add to national economic growth in an important way, but they help the poor achieve food security.

    For example, the Alliance for Green Revolution in Africa funded a rice commercialisation project in Burkina Faso. Women farmers were encouraged to leave traditional practices behind, buy inputs, work with improved seeds, and sell to bigger urban markets. Sadly, research I worked on revealed that this didn’t provide great nutritional gains for the participants.

    In another case, as its diamond exports boomed, Botswana largely gave up on pursuing food self sufficiency in the 1980s. Crop agriculture was not seen as a significant contributor to the economy. This undermined the food security of poorer rural inhabitants and women.

    Agroecology as the way forward

    Mounting evidence of failure suggests it’s time to try a different way of addressing Africa’s food security woes.

    Agroecology – farming with nature – is a more decolonial approach. It covers formal research by scientists and informal knowledge of farmers who experiment in their fields.

    Agroecologists study the interactions between different crops, crops and insects, and crops and the soil. This can reveal ways to produce more with fewer costly external inputs. It’s a more sustainable and cheaper option.

    Common examples of agroecological practices in African farming systems are polycropping – planting different complementary crops in the same field – and agroforestry – mixing trees and crops. These diverse systems tend to have fewer pest problems and are better at maintaining soil fertility.

    No African country has fully embraced agroecology yet, but there are promising examples, many unplanned, that point to its potential.

    In Mali, for example, farmers briefly abandoned cotton in 2007-2008 due to low prices. There was then an upsurge in sorghum production. This largely saved the country from the social unrest and food price protests that happened in most neighbouring countries.

    A few land reform projects in South Africa allowed larger farms to be split into smaller plots, which had higher rates of success and more food security benefits. This suggests that a different, less commercial approach is in order.

    The beginning of a revolution

    Agroecology is a promising way forward in addressing Africa’s worsening food crisis.

    It also has the backing of many African civil society organisations, such as the Alliance for Food Sovereignty in Africa and Network of West African Farmer Organisations and Agricultural Producers.

    African government leaders and donors have been slower to recognise the need for a different approach. We are beginning to see signs of change, though. For example, Senegal’s former agriculture minister, Papa Abdoulaye Seck, trained as a traditional agronomist. He now sees agroecology as a better way forward for his country. And the European Union has also begun funding a small number of experimental agroecology programmes.

    It’s time for a major shift in perspective. We will hopefully look back on this era as the turning point that ended intellectual colonisation in the agronomic sciences.

    William G. Moseley received funding from the US National Science Foundation (NSF) and the Fulbright-Hays Program. He is affiliated with the Mande Studies Association (MANSA) as president and American Association of Geographers (AAG) as vice president. The views expressed here are entirely those of the author and do not necessarily reflect those of the NSF, Fulbright-Hays, MANSA or AAG.

    – ref. Africa’s worsening food crisis – it’s time for an agricultural revolution – https://theconversation.com/africas-worsening-food-crisis-its-time-for-an-agricultural-revolution-244323

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  • MIL-OSI Submissions: Israel bombed an Iraqi nuclear reactor in 1981 − it pushed program underground and spurred Saddam Hussein’s desire for nukes

    Source: The Conversation – Global Perspectives – By Jeffrey Fields, Professor of the Practice of International Relations, USC Dornsife College of Letters, Arts and Sciences

    The Osirak nuclear power research station in 1981. Jacques Pavlovsky/Sygma via Getty Images

    Israel, with the assistance of U.S. military hardware, bombs an adversary’s nuclear facility to set back the perceived pursuit of the ultimate weapon. We have been here before, about 44 years ago.

    In 1981, Israeli fighter jets supplied by Washington attacked an Iraqi nuclear research reactor being built near Baghdad by the French government.

    The reactor, which the French called Osirak and Iraqis called Tammuz, was destroyed. Much of the international community initially condemned the attack. But Israel claimed the raid set Iraqi nuclear ambitions back at least a decade. In time, many Western observers and government officials, too, chalked up the attack as a win for nonproliferation, hailing the strike as an audacious but necessary step to prevent Iraqi dictator Saddam Hussein from building a nuclear arsenal.

    But the reality is more complicated. As nuclear proliferation experts assess the extent of damage to Iran’s nuclear facilities following the recent U.S. and Israeli raids, it is worth reassessing the longer-term implications of that earlier Iraqi strike.

    The Osirak reactor

    Iraq joined the landmark Nuclear Non-Proliferation Treaty in 1970, committing the country to refrain from the pursuit of nuclear weapons. But in exchange, signatories are entitled to engage in civilian nuclear activities, including having research or power reactors and access to the enriched uranium that drives them.

    The International Atomic Energy Agency is responsible through safeguards agreements for monitoring countries’ civilian use of nuclear technology, with on-the-ground inspections to ensure that civilian nuclear programs do not divert materials for nuclear weapons.

    But to Israel, the Iraqi reactor was provocative and an escalation in the Arab-Israeli conflict.

    Israel believed that Iraq would use the French reactor – Iraq said it was for research purposes – to generate plutonium for a nuclear weapon. After diplomacy with France and the United States failed to persuade the two countries to halt construction of the reactor, Prime Minister Menachem Begin concluded that attacking the reactor was Israel’s best option. That decision gave birth to the “Begin Doctrine,” which has committing Israel to preventing its regional adversaries from becoming nuclear powers ever since.

    Israeli Prime Minister Menachem Begin addresses the press after the 1981 attack on the Osarik nuclear reactor.
    Israel Press and Photo Agency/Wikimedia Commons

    In spring 1979, Israel attempted to sabotage the project, bombing the reactor core destined for Iraq while it sat awaiting shipment in the French town of La Seyne-sur-Mer. The mission was only a partial success, damaging but not destroying the reactor.

    France and Iraq persisted with the project, and in July 1980 – with the reactor having been delivered – Iraq received the first shipment of highly enriched uranium fuel at the Tuwaitha Nuclear Research Center near Baghdad.

    Then in September 1980, during the initial days of the Iran-Iraq war, Iranian jets struck the nuclear research center. The raid also targeted a power station, knocking out electricity in Baghdad for several days. But a Central Intelligence Agency situation report assessed that “only secondary buildings” were hit at the nuclear site itself.

    It was then Israel’s turn. The reactor was still unfinished and not in operation when on June 7, 1981, eight U.S.-supplied F-16s flew over Jordanian and Saudi airspace and bombed the reactor in Iraq. The attack killed 10 Iraqi soldiers and a French civilian.

    Revisiting the ‘success’ of Israeli raid

    Many years later, U.S. President Bill Clinton commented: “Everybody talks about what the Israelis did at Osirak in 1981, which I think, in retrospect, was a really good thing. You know, it kept Saddam from developing nuclear power.”

    But nonproliferation experts have contended for years that while Saddam may have had nuclear weapons ambitions, the French-built research reactor would not have been the route to go. Iraq would either have had to divert the reactor’s highly enriched uranium fuel for a few weapons or shut the reactor down to extract plutonium from the fuel rods – all while hiding these operations from the International Atomic Energy Agency.

    As an additional safeguard, the French government, too, had pledged to shut down the reactor if it detected efforts to use the reactor for weapons purposes.

    In any event, Iraq’s desire for a nuclear weapon was more aspirational than operational. A 2011 article in the journal International Security included interviews with several scientists who worked on Iraq’s nuclear program and characterized the country’s pursuit of a nuclear weapons capability as “both directionless and disorganized” before the attack.

    Iraq’s program begins in earnest

    So what happened after the strike? Many analysts have argued that the Israeli attack, rather than diminish Iraqi desire for a nuclear weapon, actually catalyzed it.

    Nuclear proliferation expert Målfrid Braut-Hegghammer, the author of the 2011 study, concluded that the Israeli attack “triggered a nuclear weapons program where one did not previously exist.”

    In the aftermath of the attack, Saddam decided to formally, if secretively, establish a nuclear weapons program, with scientists deciding that a uranium-based weapon was the best route. He tasked his scientists with pursuing multiple methods to enrich uranium to weapons grade to ensure success, much the way the Manhattan Project scientists approached the same problem in the U.S.

    In other words, the Israeli attack, rather than set back an existing nuclear weapons program, turned an incoherent and exploratory nuclear endeavor into a drive to get the bomb personally overseen by Saddam and sparing little expense even as Iraq’s war with Iran substantially taxed Iraqi resources.

    From 1981 to 1987, the nuclear program progressed fitfully, facing both organizational and scientific challenges.

    As those challenges were beginning to be addressed, Iraq invaded Kuwait in 1990, provoking a military response from the United States. In the aftermath of what would become Operation Desert Storm, U.N. weapons inspectors discovered and dismantled the clandestine Iraqi nuclear weapons program.

    The Tammuz nuclear reactor was hit again during the 1991 Gulf War.
    Ramzi Haidar/AFP via Getty Images

    Had Saddam not invaded Kuwait over a matter not related to security, it is very possible that Baghdad would have had a nuclear weapon capability by the mid-to-late 1990s.

    Similarly to Iraq in 1980, Iran today is a party to the Nuclear Non-Proliferation Treaty. At the time President Donald Trump withdrew U.S. support in 2018 for the Joint Comprehensive Plan of Action, colloquially known as the Iran nuclear deal, the International Atomic Energy Agency certified that Tehran was complying with the requirements of the agreement.

    In the case of Iraq, military action on its nascent nuclear program merely pushed it underground – to Saddam, the Israeli strikes made acquiring the ultimate weapon more rather than less attractive as a deterrent. Almost a half-century on, some analysts and observers are warning the same about Iran.

    Jeffrey Fields receives funding from the Carnegie Corporation of New York and Schmidt Futures.

    – ref. Israel bombed an Iraqi nuclear reactor in 1981 − it pushed program underground and spurred Saddam Hussein’s desire for nukes – https://theconversation.com/israel-bombed-an-iraqi-nuclear-reactor-in-1981-it-pushed-program-underground-and-spurred-saddam-husseins-desire-for-nukes-259618

    MIL OSI –

  • MIL-OSI: $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Guaranty Bancshares, Inc. (NYSE: GNTY)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) —

    Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Guaranty Bancshares, Inc. (NYSE: GNTY) related to its sale to Glacier Bancorp, Inc. Upon completion of the proposed transaction, existing Guaranty shareholders will receive 1.0000 share of Glacier common stock for each share of Guaranty (subject to certain adjustments). Is it a fair deal?

    Click here for more info https://monteverdelaw.com/case/guaranty-bancshares-inc. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI: $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Turnstone Biologics Corp. (NASDAQ: TSBX)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Turnstone Biologics Corp. (NASDAQ: TSBX) related to its sale to XOMA Royalty Corporation in which existing Turnstone shareholders will receive $0.34 in cash per share and one non-transferable contingent value right. Is it a fair deal?

    Click here for more info https://monteverdelaw.com/case/turnstone-biologics-corp/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI Security: 38 Gang Members and Associates Charged in Federal Complaint as a Result of “Operation Shock Collar”

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    On June 26, 2025, upwards of 550 federal, state, and local law enforcement personnel executed 54 search warrants in the Fresno County city of Huron, and surrounding communities. Throughout the investigation, law enforcement seized firearms, ammunition, methamphetamine, heroin, and cocaine. Eighty‑nine criminal street gang members and associates were arrested and charged with crimes in federal and state court.

    The complaint, unsealed today, charges 38 members and associates of the Huron Dog Life, Coalinga Dog Life, and San Joaquin Ruthless Perro cliques of the Bulldog street gang with various drug and firearms trafficking offenses.

    Announcing the results of Operation Shock Collar today are Acting U.S. Attorney Michele Beckwith, California Attorney General Rob Bonta, FBI Special Agent in Charge Siddhartha Patel, Fresno County Sheriff John Zanoni, Fresno County District Attorney Lisa Smittcamp, and California Highway Patrol Captain (MAGEC Commander) Jon Staricka.

    “Today’s announcement reflects our Office’s commitment to using every available resource in close coordination with our law enforcement partners to address the root causes of crime and hold gang members and their associates accountable,” said Acting U.S. Attorney Beckwith. “Criminal street gangs inflict real harm on our communities by trafficking deadly drugs and firearms that destroy lives and neighborhoods. I commend the outstanding work of our agents and law enforcement partners in disrupting these criminal networks and safeguarding our communities.”

    “The charges reflect the brazen violence and drug trafficking that have threatened the safety and stability of the greater Fresno area, particularly in rural communities like Huron and Coalinga,” said Special Agent in Charge Sid Patel of the FBI Sacramento Field Office. “Yesterday’s operation was the culmination of months of collaborative work to disrupt gang-driven violence and the flow of drugs and firearms into Central Valley neighborhoods. This case highlights the power of strong partnerships at every level of law enforcement, all united in the mission to dismantle violent gangs and protect the communities we serve.”

    Fresno County Sheriff Zanoni said, “The collective work done by all law enforcement agencies in this operation will undoubtedly improve the safety and overall quality of life for residents in Fresno County, particularly those living in our smaller rural communities.”

    “This operation is a powerful example of what can be achieved when law enforcement agencies at every level work together with a shared mission: to protect our communities from violent criminal street gangs,” said Fresno County District Attorney Lisa Smittcamp. “We are determined to send a clear and unwavering message to even the most rural parts of our county—no matter where you are, gang violence and drug trafficking will not be tolerated. I commend the extraordinary efforts of all the agencies involved in this operation.”

    According to the criminal complaint, in February 2024, investigators began an investigation into the Bulldog criminal street gang operating in Fresno County with a specific focus on the ongoing criminal activities of Bulldog cliques in Huron, Coalinga, and San Joaquin. The complaint alleges an extensive criminal conspiracy in which Bulldog members and associates — some of whom were inmates in California prisons and the Fresno County Jail — orchestrated various crimes, including drug and firearms trafficking. On several occasions, members of the drug trafficking conspiracy attempted to smuggle drugs hidden inside their bodies into jails or through holes they punctured in the walls. They used contraband phones to coordinate these smuggling attempts with other gang members and associates.

    Narcotics packaged for smuggling within bodily cavities

    Narcotics packaged for smuggling through holes in jail walls

    Photo depicting hole in jail walls

    Photo depicting hole in jail wall

    This case is the product of an investigation led by the FBI, the Fresno County Multi-Agency Gang Enforcement Consortium (MAGEC), the California Department of Justice Special Operations Unit, the Fresno County Sheriff’s Office, the California Highway Patrol, and the Fresno County District Attorney’s Office, with assistance from the Bureau of Alcohol, Tobacco, Firearms and Explosives, Homeland Security Investigations, the U.S. Marshals Service, the Police Departments of Fresno, Kingsburg, Coalinga, Kerman, Firebaugh, Lemoore, Parlier, the California Department of Corrections and Rehabilitation, and the Kings County Sheriff’s Office.

    Assistant U.S. Attorneys Robert L. Veneman-Hughes, Luke Baty, and Antonio Pataca are prosecuting the case.

    The case was investigated under the Organized Crime Drug Enforcement Task Forces (OCDETF). OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi‑agency approach. For more information about Organized Crime Drug Enforcement Task Forces, please visit Justice.gov/OCDETF.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to combat illegal immigration, achieve the total elimination of cartels and transnational criminal organizations, and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from OCDETF and Project Safe Neighborhood (PSN).

    This operation is part of Summer Heat, the FBI’s nationwide initiative targeting violent crime during the summer months. As part of this effort, the FBI has launched a multi-pronged offensive to crush violent crime. By surging resources alongside state and local partners, executing federal warrants on violent criminals and fugitives, and dismantling violent gangs nationwide, we are aggressively restoring safety in our communities across the country.

    The defendants charged in the criminal complaint unsealed today are:

    Ignacio Sanchez, aka “Giddy,” 44, of Salinas Valley State Prison, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Ray Pinon, aka “Lil Ray,” 46, of Huron, is charged with distribution and possession with intent to distribute methamphetamine.

    Benny Gonzales, aka “Huero,” 51, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Ramona Felisciano, 45, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Jennifer Escobedo, 42, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Armando Alfaro, aka “Whisper,” 49, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Luis Amaro Aguilar, 31, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Carly Balboa, 24, of Hanford, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Timothy Chenot, aka “Lil Whisper,” 34, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Barbara Diaz, 55, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Susanna Garcia, 38, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Axel Guevara, aka “Action,” 18, of Coalinga, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Carlos Guillen, aka “C-Dog,” 23, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine and conspiracy to traffic in firearms.

    Gilberto Hernandez, 27, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Anthony Jeff, aka “Envy,” 46, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Victoria Lima, 44, of Clovis, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Angel Solorio Lopez, aka “Ronzo,” 18, of Coalinga, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Ricardo Lopez, aka “R-Dog,” 27, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Damien Murphy, 30, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Bridgett Murphy, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Ricardo Nunez, 22, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Laura Plascencia, aka “LP,” 46, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Gracie Pulido, 38, of Lemoore, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Daniel Loubet Romero, aka “Topo,” 44, of Huron, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Debbie Sanchez, 60, of Hanford, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Naul Sandoval, 23, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Angel Soto Rios, 42, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Rodrigo Ruvalcaba, aka “Regal,” 40, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Victor Tamayo, 47, of Fresno, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Louis Bonilla, 41, of Coalinga, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Crystal Martinez, 38, of Coalinga, is charged with conspiracy to distribute and possess with intent to distribute methamphetamine.

    Hemir Alonso Fevela Velazquez, 32, of Huron, is charged with distribution and possession with intent to distribute methamphetamine.

    Herman Vierra Jr., 41, of Fresno, is charged with being a felon in possession of a firearm.

    Servando Ayala, 30, of Coalinga, is charged with conspiracy to deal firearms without a license.

    Jose Licea, aka “T-Bird,” 35, of Huron, is charged with conspiracy to deal firearms without a license.

    Alexander Vasquez, aka “A-Dog,” 21, of Huron, is charged with conspiracy to deal firearms without a license and conspiracy to traffic in firearms.

    Brian Fornes, 22, of Huron, is charged with conspiracy to deal firearms without a license and conspiracy to traffic in firearms.

    Jesus Quesada, aka “Rojo,” 50, of Hanford, is charged with being a felon in possession of a firearm.

    If convicted, the defendants face a range of sentences from 10 years to life in prison. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.

    MIL Security OSI –

  • MIL-OSI: $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of Carisma Therapeutics Inc. (NASDAQ: CARM)

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) — Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Carisma Therapeutics Inc. (NASDAQ: CARM) related to its to OrthoCellix, Inc. Upon completion of the proposed transaction, existing Carisma shareholders are expected to own approximately 10% of the combined company. Is it a fair deal?

    Click here for more info https://monteverdelaw.com/case/carisma-therapeutics-inc. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI: Progress Software Announces Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Annualized Recurring Revenue (“ARR”) of $838 million Grew 46% year-over-year
    Revenue of $237 million Grew 36% year-over-year
    Raises Full Year Guidance for Revenue, Operating Margin, Earnings Per Share, and Cash Flow
    Acquires Agentic RAG AI Company

    BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2025.

    Second Quarter 2025 Highlights:

    • Revenue of $237 million increased 36% year-over-year on an actual currency basis and 35% on a constant currency basis.
    • Annualized Recurring Revenue (“ARR”) of $838 million increased 46% year-over-year on a constant currency basis.
    • Operating margin was 16% and non-GAAP operating margin was 40%.
    • Diluted earnings per share was $0.39 compared to $0.37 in the same quarter last year, an increase of 5%. 
    • Non-GAAP diluted earnings per share was $1.40 compared to $1.09 in the same quarter last year, an increase of 28%.

    “We’re extremely pleased with our solid Q2 results” said Yogesh Gupta, CEO of Progress Software. “Revenue contributions were strong across all geographies resulting in ARR of $838 million or 46% year-over-year growth. Our Net Retention Rate was 100%, demonstrating the consistent strength of our product portfolio. Our confidence in the business is reflected in our raised guidance for FY25. Equally important, our integration of ShareFile is going extremely well as we have completed numerous major synergy milestones, and we remain confident in our ability to reach all our ShareFile targets by the end of the year.”

    Additional financial highlights included:

      Three Months Ended
      GAAP   Non-GAAP
    (in thousands, except percentages and per share amounts) May 31, 2025   May 31, 2024   % Change   May 31, 2025   May 31, 2024   % Change
    Revenue $ 237,355     $ 175,077     36 %   $ 237,355     $ 175,077     36 %
    Income from operations $ 38,616     $ 27,148     42 %   $ 95,461     $ 67,086     42 %
    Operating margin   16 %     16 %   0 bps     40 %     38 %   200 bps
    Net income $ 17,029     $ 16,188     5 %   $ 61,749     $ 47,899     29 %
    Diluted earnings per share $ 0.39     $ 0.37     5 %   $ 1.40     $ 1.09     28 %
    Cash from operations (GAAP) / Adjusted free cash flow (non-GAAP) / Unlevered free cash flow (non-GAAP) $ 29,996     $ 63,681     (53 )%   $ 37,068     $ 64,073     (42 )%
        $ 51,579   $ 69,679   (26 )%

    See Important Information Regarding Non-GAAP Financial Measures, Liquidity Measures, and Select Performance Metrics and a reconciliation of non-GAAP adjustments to Progress’ GAAP financial results at the end of this press release.

    Other fiscal second quarter 2025 metrics and recent results included:

    • Cash and cash equivalents were $102.0 million at the end of the quarter.
    • Days sales outstanding was 53 days compared to 41 days in the fiscal second quarter of 2024 and 48 days in the fiscal first quarter of 2025.

    “Our second quarter performance reflects the continued strong execution by our teams and this is further reflected in our increase to full year guidance across the board,” said Anthony Folger, CFO of Progress Software. “Our ShareFile business is progressing well and we are ahead of schedule with the integration and moving swiftly towards reaching our synergy targets. On the balance sheet, we again made significant progress on paying down our revolving credit facility, with another $40 million this quarter, putting us on a solid trajectory to hit our goal of $160 million debt paydown this year.”

    Acquisition of Nuclia

    In a separate press release, the Company also announced today its acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation (“RAG”) AI solutions. Nuclia provides unique, easy-to-use agentic RAG-as-a-service technology enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. Nuclia will extend the end-to-end value of the Progress Data Platform while creating new opportunities to reach a broader market of organizations looking to leverage agentic RAG technology.

    The acquisition was signed and closed today and is immaterial to Progress’ financials.

    To learn more about Nuclia, go to https://nuclia.com/. 

    2025 Business Outlook

    Progress provides the following guidance for the fiscal year ending November 30, 2025 and the fiscal third quarter ending August 31, 2025:

      Updated FY 2025 Guidance
    (June 30, 2025)    		   Prior FY 2025 Guidance
    (March 31, 2025)
    (in millions, except percentages and per share amounts) GAAP   Non-GAAP   GAAP   Non-GAAP
    Revenue $962 – $974   $962 – $974   $958 – $970   $958 – $970
    Diluted earnings per share $1.27 – $1.43   $5.28 – $5.40   $1.19 – $1.35   $5.25 – $5.37
    Operating margin 15%   38% – 39%   14% – 15%   38%
    Cash from operations (GAAP) /
    Adjusted free cash flow (non-GAAP) / Unlevered free cash flow (non-GAAP)    		 $218 – $230   $228 – $240   $216 – $228   $226 – $238
    $285 – $296     $283 – $294
    Effective tax rate 17%           20%           19%           20%
      Q3 2025 Guidance
    (in millions, except per share amounts) GAAP   Non-GAAP
    Revenue $237 – $243   $237 – $243
    Diluted earnings per share $0.29 – $0.35   $1.28 – $1.34

    Based on current exchange rates, the expected positive currency translation impact on our:

    • Fiscal year 2025 business outlook compared to 2024 exchange rates is approximately $2.4 million on revenue.
    • GAAP and non-GAAP diluted earnings per share for fiscal year 2025 is approximately $0.02.
    • Fiscal Q3 2025 business outlook compared to 2024 exchange rates is approximately $1.7 million on revenue.
    • GAAP and non-GAAP diluted earnings per share for fiscal Q3 2025 is approximately $0.01.

    To the extent that there are changes in exchange rates versus the current environment and/or our expectations, this may have an impact on Progress’ business outlook.

    Conference Call

    Progress will hold a conference call to review its financial results for the fiscal second quarter of 2025 at 5:00 p.m. ET on Monday, June 30, 2025. Participants must register for the conference call here: https://register-conf.media-server.com/register/BIc386d20e6fbd46acbadafca492a42b35. The webcast can be accessed at: https://edge.media-server.com/mmc/p/bujcypbf/. The conference call will include comments followed by questions and answers. Attendees must register for the webcast and an archived version of the conference call and supporting materials will be available on the Progress website within the investor relations section after the live conference call.

    About Progress

    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com. 

    Progress and Progress Software are trademarks or registered trademarks of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited)

      Three Months Ended   Six Months Ended
    (in thousands, except per share data) May 31, 2025   May 31, 2024   % Change   May 31, 2025   May 31, 2024   % Change
    Revenue:                      
    Software licenses $ 50,795     $ 53,979     (6 )%   $ 109,240     $ 118,079     (7 )%
    Maintenance, SaaS, and professional services   186,560       121,098     54 %     366,130       241,683     51 %
    Total revenue   237,355       175,077     36 %     475,370       359,762     32 %
    Costs of revenue:                      
    Cost of software licenses   2,987       2,497     20 %     5,912       5,228     13 %
    Cost of maintenance, SaaS, and professional services   33,764       22,176     52 %     66,648       44,395     50 %
    Amortization of acquired intangibles   10,537       7,398     42 %     20,959       15,257     37 %
    Total costs of revenue   47,288       32,071     47 %     93,519       64,880     44 %
    Gross profit   190,067       143,006     33 %     381,851       294,882     29 %
    Operating expenses:                      
    Sales and marketing   49,677       37,889     31 %     100,973       77,000     31 %
    Product development   46,570       35,435     31 %     92,945       70,423     32 %
    General and administrative   25,637       21,983     17 %     51,260       43,327     18 %
    Amortization of acquired intangibles   26,063       16,316     60 %     51,871       33,705     54 %
    Cyber vulnerability response expenses, net   730       3,036     (76 )%     1,467       4,023     (64 )%
    Restructuring expenses   1,043       651     60 %     8,072       3,000     169 %
    Acquisition-related expenses   1,731       548     216 %     4,221       1,250     238 %
    Total operating expenses   151,451       115,858     31 %     310,809       232,728     34 %
    Income from operations           38,616               27,148             42 %     71,042       62,154     14 %
    Other expense, net           (18,752 )             (7,020 )           167 %     (37,876 )     (14,419 )   163 %
    Income before income taxes           19,864       20,128             (1 )%     33,166       47,735     (31 )%
    Provision for income taxes           2,835       3,940             (28 )%     5,191       8,908     (42 )%
    Net income $ 17,029     $ 16,188     5 %   $ 27,975     $ 38,827     (28 )%
                           
    Earnings per share:                      
    Basic $ 0.40     $ 0.37     8 %   $ 0.65     $ 0.89     (27 )%
    Diluted $ 0.39     $ 0.37     5 %   $ 0.63     $ 0.87     (28 )%
    Weighted average shares outstanding:                      
    Basic   43,053       43,213     — %     43,154       43,508     (1 )%
    Diluted   44,156       43,964     — %     44,522       44,395     — %
                           
    Cash dividends declared per common share $ —     $ 0.175     (100 )%   $ —     $ 0.350     (100 )%
    Stock-based compensation is included in the condensed consolidated statements of operations, as follows:            
    Cost of revenue $ 1,560   $ 912   71 %   $ 2,755   $ 1,898   45 %
    Sales and marketing   3,663     2,458   49 %     6,695     4,770   40 %
    Product development   4,984     3,391   47 %     9,394     7,056   33 %
    General and administrative   6,534     5,228   25 %     12,580     10,729   17 %
    Total $ 16,741   $ 11,989   40 %   $ 31,424   $ 24,453   29 %
     

    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited)

    (in thousands) May 31, 2025   November 30, 2024
    Assets      
    Current assets:      
    Cash and cash equivalents $ 102,006   $ 118,077
    Accounts receivable, net   140,122     163,575
    Unbilled receivables, current portion   34,136     34,672
    Other current assets   49,387     52,489
    Total current assets   325,651     368,813
    Property and equipment, net   12,474     13,746
    Goodwill and intangible assets, net   1,944,387     2,015,748
    Right-of-use lease assets   27,351     30,894
    Unbilled receivables, non-current portion   29,890     28,893
    Other assets   73,839     68,872
    Total assets $ 2,413,592   $ 2,526,966
    Liabilities and shareholders’ equity      
    Current liabilities:      
    Accounts payable and other current liabilities $ 75,610   $ 113,801
    Convertible senior notes, current portion, net   358,051     —
    Operating lease liabilities, current portion   8,250     9,202
    Deferred revenue, current portion, net   308,360     332,142
    Total current liabilities   750,271     455,145
    Long-term debt, net   660,000     730,000
    Convertible senior notes, non-current portion, net   440,244     796,267
    Operating lease liabilities, non-current portion   22,548     26,259
    Deferred revenue, non-current portion, net   80,219     72,270
    Other non-current liabilities   7,609     8,237
    Stockholders’ equity:      
    Common stock and additional paid-in capital   362,522     354,592
    Retained earnings   90,179     84,196
    Total stockholders’ equity   452,701     438,788
    Total liabilities and stockholders’ equity $ 2,413,592   $ 2,526,966
     

    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)  

      Three Months Ended   Six Months Ended
    (in thousands) May 31, 2025   May 31, 2024   May 31, 2025   May 31, 2024
    Cash flows from operating activities:              
    Net income $ 17,029     $ 16,188     $ 27,975     $ 38,827  
    Depreciation and amortization   39,568       27,529       78,777       55,073  
    Stock-based compensation   16,741       11,989       31,424       24,453  
    Other non-cash adjustments   (1,332 )     (812 )     1,738       515  
    Changes in operating assets and liabilities   (42,010 )     8,787       (40,971 )     15,317  
    Net cash flows from operating activities   29,996       63,681       98,943       134,185  
    Capital expenditures   (495 )     (955 )     (1,785 )     (1,264 )
    Repurchases of common stock, net of issuances   (13,478 )     (44,636 )     (37,348 )     (59,553 )
    Dividend equivalent and dividend payments to stockholders   (295 )     (7,951 )     (654 )     (16,122 )
    Payments for acquisitions   —       —       (1,195 )     —  
    Proceeds from the issuance of debt, net of payment of issuance costs   —       431,929       —       431,929  
    Repayment of revolving line of credit and principal payment on term loan   (40,000 )     (337,813 )     (70,000 )     (371,250 )
    Purchase of capped calls   —       (42,210 )     —       (42,210 )
    Other   2,117       (4,847 )     (4,032 )     (12,253 )
    Net change in cash and cash equivalents   (22,155 )     57,198       (16,071 )     63,462  
    Cash and cash equivalents, beginning of period   124,161       133,222       118,077       126,958  
    Cash and cash equivalents, end of period $ 102,006     $ 190,420     $ 102,006     $ 190,420  
     

    RECONCILIATIONS OF GAAP TO NON-GAAP SELECTED FINANCIAL MEASURES
    (Unaudited)

      Three Months Ended   Six Months Ended
    (in thousands, except per share data) May 31, 2025   May 31, 2024   May 31, 2025   May 31, 2024
    Adjusted income from operations:              
    GAAP income from operations $ 38,616     $ 27,148     $ 71,042     $ 62,154  
    Amortization of acquired intangibles   36,600       23,714       72,830       48,962  
    Stock-based compensation   16,741       11,989       31,424       24,453  
    Restructuring expenses   1,043       651       8,072       3,000  
    Acquisition-related expenses   1,731       548       4,221       1,250  
    Cyber vulnerability response expenses, net   730       3,036       1,467       4,023  
    Non-GAAP income from operations $ 95,461     $ 67,086     $ 189,056     $ 143,842  
                   
    Adjusted net income:              
    GAAP net income $ 17,029     $ 16,188     $ 27,975     $ 38,827  
    Amortization of acquired intangibles   36,600       23,714       72,830       48,962  
    Stock-based compensation   16,741       11,989       31,424       24,453  
    Restructuring expenses   1,043       651       8,072       3,000  
    Acquisition-related expenses   1,731       548       4,221       1,250  
    Cyber vulnerability response expenses, net   730       3,036       1,467       4,023  
    Provision for income taxes   (12,125 )     (8,227 )     (25,245 )     (16,688 )
    Non-GAAP net income $ 61,749     $ 47,899     $ 120,744     $ 103,827  
                   
    Adjusted diluted earnings per share:              
    GAAP diluted earnings per share $ 0.39     $ 0.37     $ 0.63     $ 0.87  
    Amortization of acquired intangibles   0.83       0.54       1.64       1.10  
    Stock-based compensation   0.37       0.27       0.71       0.56  
    Restructuring expenses   0.02       0.02       0.18       0.07  
    Acquisition-related expenses   0.04       0.01       0.09       0.03  
    Cyber vulnerability response expenses, net   0.02       0.07       0.03       0.09  
    Provision for income taxes   (0.27 )     (0.19 )     (0.57 )     (0.38 )
    Non-GAAP diluted earnings per share $ 1.40     $ 1.09     $ 2.71     $ 2.34  
                   
    Non-GAAP weighted avg shares outstanding – diluted   44,156       43,964       44,522       44,395  
                   

    OTHER NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Adjusted Free Cash Flow and Unlevered Free Cash Flow                
                           
      Three Months Ended   Six Months Ended
    (in thousands) May 31, 2025   May 31, 2024   % Change   May 31, 2025   May 31, 2024   % Change
    Cash flows from operations $ 29,996     $ 63,681     (53 )%   $ 98,943     $ 134,185     (26 )%
    Purchases of property and equipment   (495 )     (955 )   (48 )%     (1,785 )     (1,264 )   41 %
    Free cash flow   29,501       62,726     (53 )%     97,158       132,921     (27 )%
    Add back: restructuring payments   7,567       1,347     462 %     13,121       3,356     291 %
    Adjusted free cash flow $ 37,068     $ 64,073     (42 )%   $ 110,279     $ 136,277     (19 )%
    Add back: tax-effected interest expense   14,511       5,606     159 %     29,253       11,481     155 %
    Unlevered free cash flow $ 51,579     $ 69,679     (26 )%   $ 139,532     $ 147,758     (6 )%
     

    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES FOR FISCAL YEAR 2025 GUIDANCE
    (Unaudited)

    Fiscal Year 2025 Updated Non-GAAP Operating Margin Guidance
      Fiscal Year Ending November 30, 2025
    (in millions) Low   High
    GAAP income from operations $ 140.7     $ 149.2  
    GAAP operating margins   15 %     15 %
    Acquisition-related expense   6.0       6.0  
    Restructuring expense   9.2       9.2  
    Stock-based compensation   63.0       63.0  
    Amortization of acquired intangibles   145.7       145.7  
    Cyber vulnerability response expenses, net   4.2       4.2  
    Total adjustments(1)   228.1       228.1  
    Non-GAAP income from operations $ 368.8     $ 377.3  
    Non-GAAP operating margin   38 %     39 %
    (1) Total adjustments include preliminary estimates relating to the valuation of intangible assets acquired from ShareFile and restructuring expenses. The final amounts will not be available until the Company’s internal procedures and reviews are completed.
    Fiscal Year 2025 Updated Non-GAAP Earnings per Share and Effective Tax Rate Guidance
      Fiscal Year Ending November 30, 2025
    (in millions, except per share data) Low   High
    GAAP net income $ 56.9     $ 64.8  
    Adjustments (from previous table)   228.1       228.1  
    Income tax adjustment(2)   (47.7 )     (48.0 )
    Non-GAAP net income $ 237.3     $ 244.9  
           
    GAAP diluted earnings per share $ 1.27     $ 1.43  
    Non-GAAP diluted earnings per share $ 5.28     $ 5.40  
           
    Diluted weighted average shares outstanding   45.0       45.4  
             
             
    2 Tax adjustment is based on a non-GAAP effective tax rate of approximately 20%, calculated as follows:
        Fiscal Year Ending November 30, 2025
        Low   High
    Non-GAAP income from operations   $ 368.8     $ 377.3  
    Other (expense) income     (72.2 )     (71.2 )
    Non-GAAP income from continuing operations before income taxes     296.6       306.1  
    Non-GAAP net income     237.3       244.9  
    Tax provision   $ 59.3     $ 61.2  
    Non-GAAP tax rate     20 %     20 %
                     

    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES FOR FISCAL YEAR 2025 GUIDANCE
    (Unaudited)

    Fiscal Year 2025 Adjusted Free Cash Flow and Unlevered Free Cash Flow Guidance
      Fiscal Year Ending November 30, 2025
    (in millions) Low   High
    Cash flows from operations (GAAP) $ 218     $ 230  
    Purchases of property and equipment   (7 )     (7 )
    Add back: restructuring payments   17       17  
    Adjusted free cash flow (non-GAAP)   228       240  
    Add back: tax-effected interest expense   57       56  
    Unlevered free cash flow (non-GAAP) $ 285     $ 296  

    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES FOR Q3 2025 GUIDANCE
    (Unaudited)

    Q3 2025 Non-GAAP Earnings per Share Guidance
      Three Months Ending August 31, 2025
      Low   High
    GAAP diluted earnings per share $ 0.29     $ 0.35  
    Acquisition-related expense   0.02       0.02  
    Restructuring expense   0.01       0.01  
    Stock-based compensation   0.35       0.35  
    Amortization of acquired intangibles   0.83       0.83  
    Cyber vulnerability response expenses, net   0.03       0.03  
    Total adjustments(1)   1.24       1.24  
    Income tax adjustment   (0.25 )     (0.25 )
    Non-GAAP diluted earnings per share $ 1.28     $ 1.34  
    (1) Total adjustments include preliminary estimates relating to the valuation of intangible assets acquired from ShareFile and restructuring expenses. The final amounts will not be available until the Company’s internal procedures and reviews are completed.

    Important Information Regarding Non-GAAP Financial Measures, Liquidity Measures and Select Performance Metrics

    Progress furnishes certain non-GAAP supplemental information to our financial results. We use such non-GAAP financial measures to evaluate our period-over-period operating performance because our management team believes that excluding the effects of certain GAAP-related items helps to illustrate underlying trends in our business and provides us with a more comparable measure of our continuing business, as well as greater understanding of the results from the primary operations of our business. Management also uses such non-GAAP financial measures to establish budgets and operational goals, evaluate performance, and allocate resources. In addition, the compensation of our executives and non-executive employees is based in part on the performance of our business as evaluated by such non-GAAP financial measures. We believe these non-GAAP financial measures enhance investors’ overall understanding of our current financial performance and our prospects for the future by: (i) providing more transparency for certain financial measures, (ii) presenting disclosure that helps investors understand how we plan and measure the performance of our business, (iii) affording a view of our operating results that may be more easily compared to our peer companies, and (iv) enabling investors to consider our operating results on both a GAAP and non-GAAP basis (including following the integration period of our prior acquisitions). However, this non-GAAP information is not in accordance with, or an alternative to, generally accepted accounting principles in the United States (“GAAP”) and should be considered in conjunction with our GAAP results as the items excluded from the non-GAAP information may have a material impact on Progress’ financial results. A reconciliation of non-GAAP adjustments to Progress’ GAAP financial results is included in the tables above.

    In the noted fiscal periods, we adjusted for the following items from our GAAP financial results to arrive at our non-GAAP financial measures:

    • Amortization of acquired intangibles – We exclude amortization of acquired intangibles because those expenses are unrelated to our core operating performance and the intangible assets acquired vary significantly based on the timing and magnitude of our acquisition transactions and the maturities of the businesses acquired. Adjustments include preliminary estimates relating to the valuation of intangible assets from ShareFile. The final amounts will not be available until the Company’s internal procedures and reviews are completed.
    • Stock-based compensation – We exclude stock-based compensation to be consistent with the way management and, in our view, the overall financial community evaluates our performance and the methods used by analysts to calculate consensus estimates. The expense related to stock-based awards is generally not controllable in the short-term and can vary significantly based on the timing, size and nature of awards granted. As such, we do not include these charges in operating plans.
    • Restructuring expenses – In all periods presented, we exclude restructuring expenses incurred because those expenses distort trends and are not part of our core operating results. Adjustments include preliminary estimates relating to restructuring expenses from ShareFile. The final amounts will not be available until the Company’s internal procedures and reviews are completed.
    • Acquisition-related expenses – We exclude acquisition-related expenses in order to provide a more meaningful comparison of the financial results to our historical operations and forward-looking guidance and the financial results of less acquisitive peer companies. We consider these types of costs and adjustments, to a great extent, to be unpredictable and dependent on a significant number of factors that are outside of our control. Furthermore, we do not consider these acquisition-related costs and adjustments to be related to the organic continuing operations of the acquired businesses and are generally not relevant to assessing or estimating the long-term performance of the acquired assets. In addition, the size, complexity and/or volume of past acquisitions, which often drives the magnitude of acquisition-related costs, may not be indicative of the size, complexity and/or volume of future acquisitions.
    • Cyber vulnerability response expenses, net – We exclude certain expenses resulting from the zero-day MOVEit Vulnerability, as more thoroughly described in our filings with the Securities and Exchange Commission since June 5, 2023. Expenses include costs to investigate and remediate these cyber related matters, as well as legal and other professional services related thereto. Expenses related to such cyber matters are provided net of expected insurance recoveries, although the timing of recognizing insurance recoveries may differ from the timing of recognizing the associated expenses. Costs associated with the enhancement of our cybersecurity program are not included within this adjustment. We expect to continue to incur legal and other professional services expenses in future periods associated with the MOVEit Vulnerability. Expenses related to such cyber matters are expected to result in operating expenses that would not have otherwise been incurred in the normal course of business operations. We believe that excluding these costs facilitates a more meaningful evaluation of our operating performance and comparisons to our past operating performance.
    • Provision for income taxes – We adjust our income tax provision by excluding the tax impact of the non-GAAP adjustments discussed above.
    • Constant currency – Revenue from our international operations has historically represented a substantial portion of our total revenue. As a result, our revenue results have been impacted, and we expect will continue to be impacted, by fluctuations in foreign currency exchange rates. As exchange rates are an important factor in understanding period-to-period comparisons, we present revenue growth rates on a constant currency basis, which helps improve the understanding of our revenue results and our performance in comparison to prior periods. The constant currency information presented is calculated by translating current period results using prior period weighted average foreign currency exchange rates.

    In the noted fiscal periods, we also present the following liquidity measures:

    • Adjusted free cash flow (“AFCF”) and unlevered free cash flow (“Unlevered FCF”) – AFCF is equal to cash flows from operating activities less purchases of property and equipment, plus restructuring payments. Unlevered FCF is AFCF plus tax-effected interest expense on outstanding debt.

    In the noted fiscal periods, we also present the following select performance metrics:

    • Annualized Recurring Revenue (“ARR”) – We disclose ARR as a performance metric to help investors better understand and assess the performance of our business because our mix of revenue generated from recurring sources currently represents the substantial majority of our revenues and is expected to continue in the future. We define ARR as the annualized revenue of all active and contractually binding term-based contracts from all customers at a point in time. ARR includes revenue from maintenance, software upgrade rights, public cloud, and on-premises subscription-based transactions and managed services. ARR mitigates fluctuations in revenue due to seasonality, contract term and the sales mix of subscriptions for term-based licenses and SaaS. We use ARR to understand customer trends and the overall health of our business, helping us to formulate strategic business decisions.

      We calculate the annualized value of annual and multi-year contracts, and contracts with terms less than one year, by dividing the total contract value of each contract by the number of months in the term and then multiplying by 12. Annualizing contracts with terms less than one-year results in amounts being included in our ARR that are in excess of the total contract value for those contracts at the end of the reporting period. We generally do not sell non-SaaS-based contracts with a term of less than one year unless a customer is purchasing additional licenses under an existing annual or multi-year contract. The expectation is that at the time of renewal, such contracts with a term less than one year will renew with the same term as the existing contracts being renewed, such that both contracts are co-termed. Historically, such contracts with a term of less than one year renew at rates equal to or better than annual or multi-year contracts.

      For SaaS-based contracts, there is a meaningful percentage of monthly auto-renewing contracts for which annualizing the contracts results in amounts being included in our ARR that are in excess of the total contract value for those contracts at the end of the reporting period.

      Revenue from term-based license and on-premises subscription arrangements include a portion of the arrangement consideration that is allocated to the software license that is recognized up-front at the point in time control is transferred under ASC 606 revenue recognition principles. ARR for these arrangements is calculated as described above. The expectation is that the total contract value, inclusive of revenue recognized as software license, will be renewed at the end of the contract term.

      The calculation is done at constant currency using the current year budgeted exchange rates for all periods presented.

      ARR is not defined in GAAP and is not derived from a GAAP measure. Rather, ARR generally aligns to billings (as opposed to GAAP revenue which aligns to the transfer of control of each performance obligation). ARR does not have any standardized meaning and is therefore unlikely to be comparable to similarly titled measures presented by other companies. ARR should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items. ARR is not a forecast and the active contracts at the end of a reporting period used in calculating ARR may or may not be extended or renewed by our customers.

    • Net Retention Rate (“NRR”) – We calculate net retention rate as of a period end by starting with the ARR from the cohort of all customers as of 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these same customers as of the current period end (“Current Period ARR”). Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months but excludes ARR from new customers in the current period. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the net retention rate. Net retention rate is not calculated in accordance with GAAP and is not derived from a GAAP measure.

    Note Regarding Forward-Looking Statements

    This press release contains statements that are “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. Progress has identified some of these forward-looking statements with words like “believe,” “may,” “could,” “would,” “might,” “should,” “expect,” “intend,” “plan,” “target,” “anticipate” and “continue,” the negative of these words, other terms of similar meaning or the use of future dates. Forward-looking statements in this press release include, but are not limited to, statements regarding Progress’ business outlook (including future acquisition activity) and financial guidance. There are a number of factors that could cause actual results or future events to differ materially from those anticipated by the forward-looking statements, including, without limitation: (i) economic, geopolitical and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price; (ii) our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses; (iii) we may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, or a decline in our renewal rates for contracts; (iv) if the security measures for our software, services, other offerings or our internal information technology infrastructure are compromised or subject to a successful cyber-attack, or if our software offerings contain significant coding or configuration errors or zero-day vulnerabilities, we may experience reputational harm, legal claims and financial exposure; and the results of inquiries, investigations and legal claims regarding the MOVEit Vulnerability remain uncertain, while the ultimate resolution of these matters could result in losses that may be material to our financial results for a particular period; (v) future acquisitions may not be successful or may involve unanticipated costs or other integration issues that could disrupt our existing operations; and (vi) expected synergies and benefits of the ShareFile acquisition may not be realized which could negatively impact our future results of operations and financial condition. For further information regarding risks and uncertainties associated with Progress’ business, please refer to our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended November 30, 2024. Progress undertakes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

    The MIL Network –

  • MIL-OSI: Progress Software Announces Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Annualized Recurring Revenue (“ARR”) of $838 million Grew 46% year-over-year
    Revenue of $237 million Grew 36% year-over-year
    Raises Full Year Guidance for Revenue, Operating Margin, Earnings Per Share, and Cash Flow
    Acquires Agentic RAG AI Company

    BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) — Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2025.

    Second Quarter 2025 Highlights:

    • Revenue of $237 million increased 36% year-over-year on an actual currency basis and 35% on a constant currency basis.
    • Annualized Recurring Revenue (“ARR”) of $838 million increased 46% year-over-year on a constant currency basis.
    • Operating margin was 16% and non-GAAP operating margin was 40%.
    • Diluted earnings per share was $0.39 compared to $0.37 in the same quarter last year, an increase of 5%. 
    • Non-GAAP diluted earnings per share was $1.40 compared to $1.09 in the same quarter last year, an increase of 28%.

    “We’re extremely pleased with our solid Q2 results” said Yogesh Gupta, CEO of Progress Software. “Revenue contributions were strong across all geographies resulting in ARR of $838 million or 46% year-over-year growth. Our Net Retention Rate was 100%, demonstrating the consistent strength of our product portfolio. Our confidence in the business is reflected in our raised guidance for FY25. Equally important, our integration of ShareFile is going extremely well as we have completed numerous major synergy milestones, and we remain confident in our ability to reach all our ShareFile targets by the end of the year.”

    Additional financial highlights included:

      Three Months Ended
      GAAP   Non-GAAP
    (in thousands, except percentages and per share amounts) May 31, 2025   May 31, 2024   % Change   May 31, 2025   May 31, 2024   % Change
    Revenue $ 237,355     $ 175,077     36 %   $ 237,355     $ 175,077     36 %
    Income from operations $ 38,616     $ 27,148     42 %   $ 95,461     $ 67,086     42 %
    Operating margin   16 %     16 %   0 bps     40 %     38 %   200 bps
    Net income $ 17,029     $ 16,188     5 %   $ 61,749     $ 47,899     29 %
    Diluted earnings per share $ 0.39     $ 0.37     5 %   $ 1.40     $ 1.09     28 %
    Cash from operations (GAAP) / Adjusted free cash flow (non-GAAP) / Unlevered free cash flow (non-GAAP) $ 29,996     $ 63,681     (53 )%   $ 37,068     $ 64,073     (42 )%
        $ 51,579   $ 69,679   (26 )%

    See Important Information Regarding Non-GAAP Financial Measures, Liquidity Measures, and Select Performance Metrics and a reconciliation of non-GAAP adjustments to Progress’ GAAP financial results at the end of this press release.

    Other fiscal second quarter 2025 metrics and recent results included:

    • Cash and cash equivalents were $102.0 million at the end of the quarter.
    • Days sales outstanding was 53 days compared to 41 days in the fiscal second quarter of 2024 and 48 days in the fiscal first quarter of 2025.

    “Our second quarter performance reflects the continued strong execution by our teams and this is further reflected in our increase to full year guidance across the board,” said Anthony Folger, CFO of Progress Software. “Our ShareFile business is progressing well and we are ahead of schedule with the integration and moving swiftly towards reaching our synergy targets. On the balance sheet, we again made significant progress on paying down our revolving credit facility, with another $40 million this quarter, putting us on a solid trajectory to hit our goal of $160 million debt paydown this year.”

    Acquisition of Nuclia

    In a separate press release, the Company also announced today its acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation (“RAG”) AI solutions. Nuclia provides unique, easy-to-use agentic RAG-as-a-service technology enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. Nuclia will extend the end-to-end value of the Progress Data Platform while creating new opportunities to reach a broader market of organizations looking to leverage agentic RAG technology.

    The acquisition was signed and closed today and is immaterial to Progress’ financials.

    To learn more about Nuclia, go to https://nuclia.com/. 

    2025 Business Outlook

    Progress provides the following guidance for the fiscal year ending November 30, 2025 and the fiscal third quarter ending August 31, 2025:

      Updated FY 2025 Guidance
    (June 30, 2025)    		   Prior FY 2025 Guidance
    (March 31, 2025)
    (in millions, except percentages and per share amounts) GAAP   Non-GAAP   GAAP   Non-GAAP
    Revenue $962 – $974   $962 – $974   $958 – $970   $958 – $970
    Diluted earnings per share $1.27 – $1.43   $5.28 – $5.40   $1.19 – $1.35   $5.25 – $5.37
    Operating margin 15%   38% – 39%   14% – 15%   38%
    Cash from operations (GAAP) /
    Adjusted free cash flow (non-GAAP) / Unlevered free cash flow (non-GAAP)    		 $218 – $230   $228 – $240   $216 – $228   $226 – $238
    $285 – $296     $283 – $294
    Effective tax rate 17%           20%           19%           20%
      Q3 2025 Guidance
    (in millions, except per share amounts) GAAP   Non-GAAP
    Revenue $237 – $243   $237 – $243
    Diluted earnings per share $0.29 – $0.35   $1.28 – $1.34

    Based on current exchange rates, the expected positive currency translation impact on our:

    • Fiscal year 2025 business outlook compared to 2024 exchange rates is approximately $2.4 million on revenue.
    • GAAP and non-GAAP diluted earnings per share for fiscal year 2025 is approximately $0.02.
    • Fiscal Q3 2025 business outlook compared to 2024 exchange rates is approximately $1.7 million on revenue.
    • GAAP and non-GAAP diluted earnings per share for fiscal Q3 2025 is approximately $0.01.

    To the extent that there are changes in exchange rates versus the current environment and/or our expectations, this may have an impact on Progress’ business outlook.

    Conference Call

    Progress will hold a conference call to review its financial results for the fiscal second quarter of 2025 at 5:00 p.m. ET on Monday, June 30, 2025. Participants must register for the conference call here: https://register-conf.media-server.com/register/BIc386d20e6fbd46acbadafca492a42b35. The webcast can be accessed at: https://edge.media-server.com/mmc/p/bujcypbf/. The conference call will include comments followed by questions and answers. Attendees must register for the webcast and an archived version of the conference call and supporting materials will be available on the Progress website within the investor relations section after the live conference call.

    About Progress

    Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com. 

    Progress and Progress Software are trademarks or registered trademarks of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.

    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited)

      Three Months Ended   Six Months Ended
    (in thousands, except per share data) May 31, 2025   May 31, 2024   % Change   May 31, 2025   May 31, 2024   % Change
    Revenue:                      
    Software licenses $ 50,795     $ 53,979     (6 )%   $ 109,240     $ 118,079     (7 )%
    Maintenance, SaaS, and professional services   186,560       121,098     54 %     366,130       241,683     51 %
    Total revenue   237,355       175,077     36 %     475,370       359,762     32 %
    Costs of revenue:                      
    Cost of software licenses   2,987       2,497     20 %     5,912       5,228     13 %
    Cost of maintenance, SaaS, and professional services   33,764       22,176     52 %     66,648       44,395     50 %
    Amortization of acquired intangibles   10,537       7,398     42 %     20,959       15,257     37 %
    Total costs of revenue   47,288       32,071     47 %     93,519       64,880     44 %
    Gross profit   190,067       143,006     33 %     381,851       294,882     29 %
    Operating expenses:                      
    Sales and marketing   49,677       37,889     31 %     100,973       77,000     31 %
    Product development   46,570       35,435     31 %     92,945       70,423     32 %
    General and administrative   25,637       21,983     17 %     51,260       43,327     18 %
    Amortization of acquired intangibles   26,063       16,316     60 %     51,871       33,705     54 %
    Cyber vulnerability response expenses, net   730       3,036     (76 )%     1,467       4,023     (64 )%
    Restructuring expenses   1,043       651     60 %     8,072       3,000     169 %
    Acquisition-related expenses   1,731       548     216 %     4,221       1,250     238 %
    Total operating expenses   151,451       115,858     31 %     310,809       232,728     34 %
    Income from operations           38,616               27,148             42 %     71,042       62,154     14 %
    Other expense, net           (18,752 )             (7,020 )           167 %     (37,876 )     (14,419 )   163 %
    Income before income taxes           19,864       20,128             (1 )%     33,166       47,735     (31 )%
    Provision for income taxes           2,835       3,940             (28 )%     5,191       8,908     (42 )%
    Net income $ 17,029     $ 16,188     5 %   $ 27,975     $ 38,827     (28 )%
                           
    Earnings per share:                      
    Basic $ 0.40     $ 0.37     8 %   $ 0.65     $ 0.89     (27 )%
    Diluted $ 0.39     $ 0.37     5 %   $ 0.63     $ 0.87     (28 )%
    Weighted average shares outstanding:                      
    Basic   43,053       43,213     — %     43,154       43,508     (1 )%
    Diluted   44,156       43,964     — %     44,522       44,395     — %
                           
    Cash dividends declared per common share $ —     $ 0.175     (100 )%   $ —     $ 0.350     (100 )%
    Stock-based compensation is included in the condensed consolidated statements of operations, as follows:            
    Cost of revenue $ 1,560   $ 912   71 %   $ 2,755   $ 1,898   45 %
    Sales and marketing   3,663     2,458   49 %     6,695     4,770   40 %
    Product development   4,984     3,391   47 %     9,394     7,056   33 %
    General and administrative   6,534     5,228   25 %     12,580     10,729   17 %
    Total $ 16,741   $ 11,989   40 %   $ 31,424   $ 24,453   29 %
     

    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited)

    (in thousands) May 31, 2025   November 30, 2024
    Assets      
    Current assets:      
    Cash and cash equivalents $ 102,006   $ 118,077
    Accounts receivable, net   140,122     163,575
    Unbilled receivables, current portion   34,136     34,672
    Other current assets   49,387     52,489
    Total current assets   325,651     368,813
    Property and equipment, net   12,474     13,746
    Goodwill and intangible assets, net   1,944,387     2,015,748
    Right-of-use lease assets   27,351     30,894
    Unbilled receivables, non-current portion   29,890     28,893
    Other assets   73,839     68,872
    Total assets $ 2,413,592   $ 2,526,966
    Liabilities and shareholders’ equity      
    Current liabilities:      
    Accounts payable and other current liabilities $ 75,610   $ 113,801
    Convertible senior notes, current portion, net   358,051     —
    Operating lease liabilities, current portion   8,250     9,202
    Deferred revenue, current portion, net   308,360     332,142
    Total current liabilities   750,271     455,145
    Long-term debt, net   660,000     730,000
    Convertible senior notes, non-current portion, net   440,244     796,267
    Operating lease liabilities, non-current portion   22,548     26,259
    Deferred revenue, non-current portion, net   80,219     72,270
    Other non-current liabilities   7,609     8,237
    Stockholders’ equity:      
    Common stock and additional paid-in capital   362,522     354,592
    Retained earnings   90,179     84,196
    Total stockholders’ equity   452,701     438,788
    Total liabilities and stockholders’ equity $ 2,413,592   $ 2,526,966
     

    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited)  

      Three Months Ended   Six Months Ended
    (in thousands) May 31, 2025   May 31, 2024   May 31, 2025   May 31, 2024
    Cash flows from operating activities:              
    Net income $ 17,029     $ 16,188     $ 27,975     $ 38,827  
    Depreciation and amortization   39,568       27,529       78,777       55,073  
    Stock-based compensation   16,741       11,989       31,424       24,453  
    Other non-cash adjustments   (1,332 )     (812 )     1,738       515  
    Changes in operating assets and liabilities   (42,010 )     8,787       (40,971 )     15,317  
    Net cash flows from operating activities   29,996       63,681       98,943       134,185  
    Capital expenditures   (495 )     (955 )     (1,785 )     (1,264 )
    Repurchases of common stock, net of issuances   (13,478 )     (44,636 )     (37,348 )     (59,553 )
    Dividend equivalent and dividend payments to stockholders   (295 )     (7,951 )     (654 )     (16,122 )
    Payments for acquisitions   —       —       (1,195 )     —  
    Proceeds from the issuance of debt, net of payment of issuance costs   —       431,929       —       431,929  
    Repayment of revolving line of credit and principal payment on term loan   (40,000 )     (337,813 )     (70,000 )     (371,250 )
    Purchase of capped calls   —       (42,210 )     —       (42,210 )
    Other   2,117       (4,847 )     (4,032 )     (12,253 )
    Net change in cash and cash equivalents   (22,155 )     57,198       (16,071 )     63,462  
    Cash and cash equivalents, beginning of period   124,161       133,222       118,077       126,958  
    Cash and cash equivalents, end of period $ 102,006     $ 190,420     $ 102,006     $ 190,420  
     

    RECONCILIATIONS OF GAAP TO NON-GAAP SELECTED FINANCIAL MEASURES
    (Unaudited)

      Three Months Ended   Six Months Ended
    (in thousands, except per share data) May 31, 2025   May 31, 2024   May 31, 2025   May 31, 2024
    Adjusted income from operations:              
    GAAP income from operations $ 38,616     $ 27,148     $ 71,042     $ 62,154  
    Amortization of acquired intangibles   36,600       23,714       72,830       48,962  
    Stock-based compensation   16,741       11,989       31,424       24,453  
    Restructuring expenses   1,043       651       8,072       3,000  
    Acquisition-related expenses   1,731       548       4,221       1,250  
    Cyber vulnerability response expenses, net   730       3,036       1,467       4,023  
    Non-GAAP income from operations $ 95,461     $ 67,086     $ 189,056     $ 143,842  
                   
    Adjusted net income:              
    GAAP net income $ 17,029     $ 16,188     $ 27,975     $ 38,827  
    Amortization of acquired intangibles   36,600       23,714       72,830       48,962  
    Stock-based compensation   16,741       11,989       31,424       24,453  
    Restructuring expenses   1,043       651       8,072       3,000  
    Acquisition-related expenses   1,731       548       4,221       1,250  
    Cyber vulnerability response expenses, net   730       3,036       1,467       4,023  
    Provision for income taxes   (12,125 )     (8,227 )     (25,245 )     (16,688 )
    Non-GAAP net income $ 61,749     $ 47,899     $ 120,744     $ 103,827  
                   
    Adjusted diluted earnings per share:              
    GAAP diluted earnings per share $ 0.39     $ 0.37     $ 0.63     $ 0.87  
    Amortization of acquired intangibles   0.83       0.54       1.64       1.10  
    Stock-based compensation   0.37       0.27       0.71       0.56  
    Restructuring expenses   0.02       0.02       0.18       0.07  
    Acquisition-related expenses   0.04       0.01       0.09       0.03  
    Cyber vulnerability response expenses, net   0.02       0.07       0.03       0.09  
    Provision for income taxes   (0.27 )     (0.19 )     (0.57 )     (0.38 )
    Non-GAAP diluted earnings per share $ 1.40     $ 1.09     $ 2.71     $ 2.34  
                   
    Non-GAAP weighted avg shares outstanding – diluted   44,156       43,964       44,522       44,395  
                   

    OTHER NON-GAAP FINANCIAL MEASURES
    (Unaudited)

    Adjusted Free Cash Flow and Unlevered Free Cash Flow                
                           
      Three Months Ended   Six Months Ended
    (in thousands) May 31, 2025   May 31, 2024   % Change   May 31, 2025   May 31, 2024   % Change
    Cash flows from operations $ 29,996     $ 63,681     (53 )%   $ 98,943     $ 134,185     (26 )%
    Purchases of property and equipment   (495 )     (955 )   (48 )%     (1,785 )     (1,264 )   41 %
    Free cash flow   29,501       62,726     (53 )%     97,158       132,921     (27 )%
    Add back: restructuring payments   7,567       1,347     462 %     13,121       3,356     291 %
    Adjusted free cash flow $ 37,068     $ 64,073     (42 )%   $ 110,279     $ 136,277     (19 )%
    Add back: tax-effected interest expense   14,511       5,606     159 %     29,253       11,481     155 %
    Unlevered free cash flow $ 51,579     $ 69,679     (26 )%   $ 139,532     $ 147,758     (6 )%
     

    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES FOR FISCAL YEAR 2025 GUIDANCE
    (Unaudited)

    Fiscal Year 2025 Updated Non-GAAP Operating Margin Guidance
      Fiscal Year Ending November 30, 2025
    (in millions) Low   High
    GAAP income from operations $ 140.7     $ 149.2  
    GAAP operating margins   15 %     15 %
    Acquisition-related expense   6.0       6.0  
    Restructuring expense   9.2       9.2  
    Stock-based compensation   63.0       63.0  
    Amortization of acquired intangibles   145.7       145.7  
    Cyber vulnerability response expenses, net   4.2       4.2  
    Total adjustments(1)   228.1       228.1  
    Non-GAAP income from operations $ 368.8     $ 377.3  
    Non-GAAP operating margin   38 %     39 %
    (1) Total adjustments include preliminary estimates relating to the valuation of intangible assets acquired from ShareFile and restructuring expenses. The final amounts will not be available until the Company’s internal procedures and reviews are completed.
    Fiscal Year 2025 Updated Non-GAAP Earnings per Share and Effective Tax Rate Guidance
      Fiscal Year Ending November 30, 2025
    (in millions, except per share data) Low   High
    GAAP net income $ 56.9     $ 64.8  
    Adjustments (from previous table)   228.1       228.1  
    Income tax adjustment(2)   (47.7 )     (48.0 )
    Non-GAAP net income $ 237.3     $ 244.9  
           
    GAAP diluted earnings per share $ 1.27     $ 1.43  
    Non-GAAP diluted earnings per share $ 5.28     $ 5.40  
           
    Diluted weighted average shares outstanding   45.0       45.4  
             
             
    2 Tax adjustment is based on a non-GAAP effective tax rate of approximately 20%, calculated as follows:
        Fiscal Year Ending November 30, 2025
        Low   High
    Non-GAAP income from operations   $ 368.8     $ 377.3  
    Other (expense) income     (72.2 )     (71.2 )
    Non-GAAP income from continuing operations before income taxes     296.6       306.1  
    Non-GAAP net income     237.3       244.9  
    Tax provision   $ 59.3     $ 61.2  
    Non-GAAP tax rate     20 %     20 %
                     

    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES FOR FISCAL YEAR 2025 GUIDANCE
    (Unaudited)

    Fiscal Year 2025 Adjusted Free Cash Flow and Unlevered Free Cash Flow Guidance
      Fiscal Year Ending November 30, 2025
    (in millions) Low   High
    Cash flows from operations (GAAP) $ 218     $ 230  
    Purchases of property and equipment   (7 )     (7 )
    Add back: restructuring payments   17       17  
    Adjusted free cash flow (non-GAAP)   228       240  
    Add back: tax-effected interest expense   57       56  
    Unlevered free cash flow (non-GAAP) $ 285     $ 296  

    RECONCILIATIONS OF GAAP TO NON-GAAP FINANCIAL MEASURES FOR Q3 2025 GUIDANCE
    (Unaudited)

    Q3 2025 Non-GAAP Earnings per Share Guidance
      Three Months Ending August 31, 2025
      Low   High
    GAAP diluted earnings per share $ 0.29     $ 0.35  
    Acquisition-related expense   0.02       0.02  
    Restructuring expense   0.01       0.01  
    Stock-based compensation   0.35       0.35  
    Amortization of acquired intangibles   0.83       0.83  
    Cyber vulnerability response expenses, net   0.03       0.03  
    Total adjustments(1)   1.24       1.24  
    Income tax adjustment   (0.25 )     (0.25 )
    Non-GAAP diluted earnings per share $ 1.28     $ 1.34  
    (1) Total adjustments include preliminary estimates relating to the valuation of intangible assets acquired from ShareFile and restructuring expenses. The final amounts will not be available until the Company’s internal procedures and reviews are completed.

    Important Information Regarding Non-GAAP Financial Measures, Liquidity Measures and Select Performance Metrics

    Progress furnishes certain non-GAAP supplemental information to our financial results. We use such non-GAAP financial measures to evaluate our period-over-period operating performance because our management team believes that excluding the effects of certain GAAP-related items helps to illustrate underlying trends in our business and provides us with a more comparable measure of our continuing business, as well as greater understanding of the results from the primary operations of our business. Management also uses such non-GAAP financial measures to establish budgets and operational goals, evaluate performance, and allocate resources. In addition, the compensation of our executives and non-executive employees is based in part on the performance of our business as evaluated by such non-GAAP financial measures. We believe these non-GAAP financial measures enhance investors’ overall understanding of our current financial performance and our prospects for the future by: (i) providing more transparency for certain financial measures, (ii) presenting disclosure that helps investors understand how we plan and measure the performance of our business, (iii) affording a view of our operating results that may be more easily compared to our peer companies, and (iv) enabling investors to consider our operating results on both a GAAP and non-GAAP basis (including following the integration period of our prior acquisitions). However, this non-GAAP information is not in accordance with, or an alternative to, generally accepted accounting principles in the United States (“GAAP”) and should be considered in conjunction with our GAAP results as the items excluded from the non-GAAP information may have a material impact on Progress’ financial results. A reconciliation of non-GAAP adjustments to Progress’ GAAP financial results is included in the tables above.

    In the noted fiscal periods, we adjusted for the following items from our GAAP financial results to arrive at our non-GAAP financial measures:

    • Amortization of acquired intangibles – We exclude amortization of acquired intangibles because those expenses are unrelated to our core operating performance and the intangible assets acquired vary significantly based on the timing and magnitude of our acquisition transactions and the maturities of the businesses acquired. Adjustments include preliminary estimates relating to the valuation of intangible assets from ShareFile. The final amounts will not be available until the Company’s internal procedures and reviews are completed.
    • Stock-based compensation – We exclude stock-based compensation to be consistent with the way management and, in our view, the overall financial community evaluates our performance and the methods used by analysts to calculate consensus estimates. The expense related to stock-based awards is generally not controllable in the short-term and can vary significantly based on the timing, size and nature of awards granted. As such, we do not include these charges in operating plans.
    • Restructuring expenses – In all periods presented, we exclude restructuring expenses incurred because those expenses distort trends and are not part of our core operating results. Adjustments include preliminary estimates relating to restructuring expenses from ShareFile. The final amounts will not be available until the Company’s internal procedures and reviews are completed.
    • Acquisition-related expenses – We exclude acquisition-related expenses in order to provide a more meaningful comparison of the financial results to our historical operations and forward-looking guidance and the financial results of less acquisitive peer companies. We consider these types of costs and adjustments, to a great extent, to be unpredictable and dependent on a significant number of factors that are outside of our control. Furthermore, we do not consider these acquisition-related costs and adjustments to be related to the organic continuing operations of the acquired businesses and are generally not relevant to assessing or estimating the long-term performance of the acquired assets. In addition, the size, complexity and/or volume of past acquisitions, which often drives the magnitude of acquisition-related costs, may not be indicative of the size, complexity and/or volume of future acquisitions.
    • Cyber vulnerability response expenses, net – We exclude certain expenses resulting from the zero-day MOVEit Vulnerability, as more thoroughly described in our filings with the Securities and Exchange Commission since June 5, 2023. Expenses include costs to investigate and remediate these cyber related matters, as well as legal and other professional services related thereto. Expenses related to such cyber matters are provided net of expected insurance recoveries, although the timing of recognizing insurance recoveries may differ from the timing of recognizing the associated expenses. Costs associated with the enhancement of our cybersecurity program are not included within this adjustment. We expect to continue to incur legal and other professional services expenses in future periods associated with the MOVEit Vulnerability. Expenses related to such cyber matters are expected to result in operating expenses that would not have otherwise been incurred in the normal course of business operations. We believe that excluding these costs facilitates a more meaningful evaluation of our operating performance and comparisons to our past operating performance.
    • Provision for income taxes – We adjust our income tax provision by excluding the tax impact of the non-GAAP adjustments discussed above.
    • Constant currency – Revenue from our international operations has historically represented a substantial portion of our total revenue. As a result, our revenue results have been impacted, and we expect will continue to be impacted, by fluctuations in foreign currency exchange rates. As exchange rates are an important factor in understanding period-to-period comparisons, we present revenue growth rates on a constant currency basis, which helps improve the understanding of our revenue results and our performance in comparison to prior periods. The constant currency information presented is calculated by translating current period results using prior period weighted average foreign currency exchange rates.

    In the noted fiscal periods, we also present the following liquidity measures:

    • Adjusted free cash flow (“AFCF”) and unlevered free cash flow (“Unlevered FCF”) – AFCF is equal to cash flows from operating activities less purchases of property and equipment, plus restructuring payments. Unlevered FCF is AFCF plus tax-effected interest expense on outstanding debt.

    In the noted fiscal periods, we also present the following select performance metrics:

    • Annualized Recurring Revenue (“ARR”) – We disclose ARR as a performance metric to help investors better understand and assess the performance of our business because our mix of revenue generated from recurring sources currently represents the substantial majority of our revenues and is expected to continue in the future. We define ARR as the annualized revenue of all active and contractually binding term-based contracts from all customers at a point in time. ARR includes revenue from maintenance, software upgrade rights, public cloud, and on-premises subscription-based transactions and managed services. ARR mitigates fluctuations in revenue due to seasonality, contract term and the sales mix of subscriptions for term-based licenses and SaaS. We use ARR to understand customer trends and the overall health of our business, helping us to formulate strategic business decisions.

      We calculate the annualized value of annual and multi-year contracts, and contracts with terms less than one year, by dividing the total contract value of each contract by the number of months in the term and then multiplying by 12. Annualizing contracts with terms less than one-year results in amounts being included in our ARR that are in excess of the total contract value for those contracts at the end of the reporting period. We generally do not sell non-SaaS-based contracts with a term of less than one year unless a customer is purchasing additional licenses under an existing annual or multi-year contract. The expectation is that at the time of renewal, such contracts with a term less than one year will renew with the same term as the existing contracts being renewed, such that both contracts are co-termed. Historically, such contracts with a term of less than one year renew at rates equal to or better than annual or multi-year contracts.

      For SaaS-based contracts, there is a meaningful percentage of monthly auto-renewing contracts for which annualizing the contracts results in amounts being included in our ARR that are in excess of the total contract value for those contracts at the end of the reporting period.

      Revenue from term-based license and on-premises subscription arrangements include a portion of the arrangement consideration that is allocated to the software license that is recognized up-front at the point in time control is transferred under ASC 606 revenue recognition principles. ARR for these arrangements is calculated as described above. The expectation is that the total contract value, inclusive of revenue recognized as software license, will be renewed at the end of the contract term.

      The calculation is done at constant currency using the current year budgeted exchange rates for all periods presented.

      ARR is not defined in GAAP and is not derived from a GAAP measure. Rather, ARR generally aligns to billings (as opposed to GAAP revenue which aligns to the transfer of control of each performance obligation). ARR does not have any standardized meaning and is therefore unlikely to be comparable to similarly titled measures presented by other companies. ARR should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items. ARR is not a forecast and the active contracts at the end of a reporting period used in calculating ARR may or may not be extended or renewed by our customers.

    • Net Retention Rate (“NRR”) – We calculate net retention rate as of a period end by starting with the ARR from the cohort of all customers as of 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these same customers as of the current period end (“Current Period ARR”). Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months but excludes ARR from new customers in the current period. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the net retention rate. Net retention rate is not calculated in accordance with GAAP and is not derived from a GAAP measure.

    Note Regarding Forward-Looking Statements

    This press release contains statements that are “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. Progress has identified some of these forward-looking statements with words like “believe,” “may,” “could,” “would,” “might,” “should,” “expect,” “intend,” “plan,” “target,” “anticipate” and “continue,” the negative of these words, other terms of similar meaning or the use of future dates. Forward-looking statements in this press release include, but are not limited to, statements regarding Progress’ business outlook (including future acquisition activity) and financial guidance. There are a number of factors that could cause actual results or future events to differ materially from those anticipated by the forward-looking statements, including, without limitation: (i) economic, geopolitical and market conditions can adversely affect our business, results of operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price; (ii) our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign currency gains and losses; (iii) we may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, fluctuations in currency exchange rates, or a decline in our renewal rates for contracts; (iv) if the security measures for our software, services, other offerings or our internal information technology infrastructure are compromised or subject to a successful cyber-attack, or if our software offerings contain significant coding or configuration errors or zero-day vulnerabilities, we may experience reputational harm, legal claims and financial exposure; and the results of inquiries, investigations and legal claims regarding the MOVEit Vulnerability remain uncertain, while the ultimate resolution of these matters could result in losses that may be material to our financial results for a particular period; (v) future acquisitions may not be successful or may involve unanticipated costs or other integration issues that could disrupt our existing operations; and (vi) expected synergies and benefits of the ShareFile acquisition may not be realized which could negatively impact our future results of operations and financial condition. For further information regarding risks and uncertainties associated with Progress’ business, please refer to our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended November 30, 2024. Progress undertakes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

    The MIL Network –

  • MIL-OSI: PBK Miner Allocates $1 Million Reward Pool for New AI-Powered 1-Day Mining Contract

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, June 30, 2025 (GLOBE NEWSWIRE) — PBK Miner, a leading global crypto asset management platform, has officially launched its innovative “1-day contract”, providing new users with a flexible, low-risk way to experience the platform’s capabilities. The product launch coincides with a major promotion with a total giveaway of more than $1 million, with each new registered user receiving a $10 bonus.

    Click here to learn more about PBK Miner.

    What is PBK Miner? Why buy it now?

    PBK Miner has built an intelligent, convenient and sustainable crypto asset management ecosystem. At its core is the proprietary PBK-AI system, which dynamically reconfigures assets between high-potential cryptocurrencies based on real-time market data to optimize returns.

    With the launch of “1-Day Contract”, PBK Miner [pbkminer.com] transforms from a high-performance niche platform to an open model that welcomes retail traders and everyday investors around the world.

    The platform currently serves more than 8 million users in 183 countries, with recent performance metrics including:

    5-day contract strategy: +6.17% return

    15-day contract strategy: +20.9% return

    30-day contract strategy: +55.8% return

    These numbers represent actual user results (not predictions), demonstrating PBK Miner’s AI-driven revenue optimization and results-centric operating model.

    “1-Day Contract” Release Details:

    This new product is available today on PBK Miner’s web and mobile platforms. Priced at just $10, with daily earnings of $0.60, it provides an easy entry point into PBK Miner’s growing ecosystem.

    Community Rewards Event with Over $1 Million

    To celebrate the launch, PBK Miner has launched a board-approved bounty program of over $1 million. The event provides a truly hassle-free trial opportunity – all new registered users can receive a $10 bounty, which will be credited to their account dashboard.

    Click here to become a new PBK Miner user.

    Limited-time event highlights:

    – 24-hour intensive mining window: Designed to accelerate earnings, users can mine XRP in a time-optimized manner.

    – $1 million mining reward: PBK Miner offers structured reward levels of $10/$40/$1,900/$4,900 to encourage new and old miners to participate.

    – Increased daily income: During the event, participants will enjoy higher than usual mining income.

    This bold marketing move is designed to attract new users, encourage sharing, and showcase the core product value of PBK Miner.

    Click here to view the limited-time mining event.

    What it means for cryptocurrency investors

    PBK Miner combines AI innovation, fintech advancements, and practical cryptocurrency functionality – three powerful elements that resonate with cryptocurrency investors around the world. It delivers returns without requiring deep technical or trading expertise.

    Why PBK Miner is the first choice for both new and experienced XRP miners:

    – No equipment required: Get institutional-grade mining power instantly.

    – Zero maintenance fees: PBK Miner takes care of power, cooling, and hardware maintenance – users just need to activate the plan.

    – $10 welcome bonus: Every new user gets a sign-up bonus and a daily login bonus.

    – Daily income + fund security: Users earn income daily, and the principal is returned at contract expiration. Focusing on measurable performance rather than hype, PBK Miner has become a lasting value proposition in the cryptocurrency investment ecosystem.

    About PBK Miner

    PBK Miner is operated by PBK FINANCIAL SERVICES LTD (Company Number: 12272456), which represents a new digital asset platform – data-driven, performance-focused, and globally trusted. Since its establishment in 2019, the Leyland-based company has grown into one of the most popular cryptocurrency investment opportunities for return-oriented (rather than speculative) investors this year.

    Full details and how to participate: https://pbkminer.com/

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Attachment

    The MIL Network –

  • MIL-OSI USA: CISA and Partners Urge Critical Infrastructure to Stay Vigilant in the Current Geopolitical Environment

    News In Brief – Source: US Computer Emergency Readiness Team

    Today, CISA, in collaboration with the Federal Bureau of Investigation (FBI), the Department of Defense Cyber Crime Center (DC3), and the National Security Agency (NSA), released a Fact Sheet urging organizations to remain vigilant against potential targeted cyber operations by Iranian state-sponsored or affiliated threat actors. 

    Over the past several months, there has been increasing activity from hacktivists and Iranian government-affiliated actors, which is expected to escalate due to recent events. These cyber actors often exploit targets of opportunity based on the use of unpatched or outdated software with known Common Vulnerabilities and Exposures or the use of default or common passwords on internet-connected accounts and devices.

    At this time, we have not seen indications of a coordinated campaign of malicious cyber activity in the U.S. that can be attributed to Iran. However, CISA, FBI, DC3, and NSA strongly urge critical infrastructure asset owners and operators to implement the mitigations recommended in the joint Fact Sheet, which include: 

    • Identifying and disconnecting operational technology and industrial control systems devices from the public internet,
    • Protecting devices and accounts with strong, unique passwords,
    • Applying the latest software patches, and
    • Implementing phishing-resistant multifactor authentication for access to OT networks.

    Review the joint Fact Sheet: Iranian Cyber Actors May Target Vulnerable US Networks and Entities of Interest and act now to understand the Iranian state-backed cyber threat, assess and mitigate cybersecurity weaknesses, and review and update incident response plans to strengthen your network against malicious cyber actors. 

    MIL OSI USA News –

  • MIL-OSI USA: Joint Statement from CISA, FBI, DC3 and NSA on Potential Targeted Cyber Activity Against U.S. Critical Infrastructure by Iran

    News In Brief – Source: US Computer Emergency Readiness Team

    Iranian state-sponsored or affiliated threat actors are known to conduct a range of targeted cyber activity to include exploit known vulnerabilities in unpatched or outdated software, compromise internet-connected accounts and devices that use default or weak passwords and work with ransomware affiliates to encrypt, steal and leak sensitive information.

    At this time, we have not seen indications of a coordinated campaign of malicious cyber activity in the U.S. that can be attributed to Iran. However, we are urging critical infrastructure organizations to stay vigilant to Iranian-affiliated cyber actors that may target U.S. devices and networks. We strongly urge organizations to review our joint fact sheet and implement recommended actions to strengthen our collective defense against this potential cyber activity.

     The Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), Department of Defense Cyber Crime Center (DC3) and the National Security Agency (NSA) are actively monitoring and coordinating with government, industry, and international partners to identify and share actionable intelligence and provide resources and assistance. We also strongly urge organizations report suspicious or criminal activity related to potential Iranian cyber activity.

    MIL OSI USA News –

  • MIL-OSI Security: U.S. Attorney’s Office for the District of New Mexico Announces Intent to Seek Death Penalty Against Labar Tsethlikai

    Source: US FBI

    ALBUQUERQUE – Today, the United States Attorney’s Office for the District of New Mexico filed a Notice of Intent to seek the death penalty against Labar Tsethlikai.

    Tsethlikai, 52, an enrolled Member of Zuni Pueblo, is charged in a 17-count Second Superseding Indictment as follows:

    • Count 1 (October 22, 2022): Kidnapping Resulting in Death of John Doe 1
    • Count 2 (January 18, 2024): First Degree Murder of John Doe 2
    • Count 3 (January 18, 2024): First Degree Felony Murder of John Doe 2
    • Count 4 (January 18, 2024): Kidnapping Resulting in Death of John Doe 2
    • Count 5 (May 19, 2023): Kidnapping of John Doe 3
    • Count 6 (June 15, 2023): Kidnapping of John Doe 4
    • Count 7 (June 15, 2023): Assault with Intent to Commit Murder of John Doe 4
    • Count 8 (June 15, 2023): Assault Resulting in Serious Bodily Injury of John Doe 4
    • Count 9 (July 13, 2023): Kidnapping of John Doe 5
    • Count 10 (July 13, 2023): Aggravated Sexual Abuse of John Doe 5
    • Count 11 (August 24, 2023): Kidnapping of John Doe 6
    • Count 12 (August 24, 2023): Assault with a Dangerous Weapon of John Doe 6
    • Count 13 (September 7, 2023): Kidnapping of John Doe 7
    • Count 14 (September 15, 2023): Kidnapping of John Doe 8
    • Count 15 (February 16, 2024): Kidnapping of John Doe 9
    • Count 16 (April 5, 2024): Kidnapping of John Doe 10
    • Count 17 (April 11, 2024): Kidnapping of John Doe 11

    The maximum penalty for the kidnapping resulting in death charges is death, and Attorney General Bondi has authorized and directed the United States Attorney for the District of New Mexico to pursue capital punishment in this case. Consistent with that authorization, the U.S. Attorney filed a notice of intent to seek the death penalty against Tsethlikai.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Gallup Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office is investigating this case with assistance from the Albuquerque Police Department’s Homicide Unit, Sex Crimes Unit, and Air Support Unit. Assistant United States Attorneys Matthew J. McGinley and Jack E. Burkhead are prosecuting the case.

    The FBI continues to investigate Tsethlikai’s involvement in crimes against other victims. If you have reason to believe you or someone you know may be a victim, or have information about Tsethlikai, please call the FBI at (505) 889-1300 or submit tips online at tips.fbi.gov.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI Security: U.S. Attorney’s Office for the District of New Mexico Announces Intent to Seek Death Penalty Against Labar Tsethlikai

    Source: US FBI

    ALBUQUERQUE – Today, the United States Attorney’s Office for the District of New Mexico filed a Notice of Intent to seek the death penalty against Labar Tsethlikai.

    Tsethlikai, 52, an enrolled Member of Zuni Pueblo, is charged in a 17-count Second Superseding Indictment as follows:

    • Count 1 (October 22, 2022): Kidnapping Resulting in Death of John Doe 1
    • Count 2 (January 18, 2024): First Degree Murder of John Doe 2
    • Count 3 (January 18, 2024): First Degree Felony Murder of John Doe 2
    • Count 4 (January 18, 2024): Kidnapping Resulting in Death of John Doe 2
    • Count 5 (May 19, 2023): Kidnapping of John Doe 3
    • Count 6 (June 15, 2023): Kidnapping of John Doe 4
    • Count 7 (June 15, 2023): Assault with Intent to Commit Murder of John Doe 4
    • Count 8 (June 15, 2023): Assault Resulting in Serious Bodily Injury of John Doe 4
    • Count 9 (July 13, 2023): Kidnapping of John Doe 5
    • Count 10 (July 13, 2023): Aggravated Sexual Abuse of John Doe 5
    • Count 11 (August 24, 2023): Kidnapping of John Doe 6
    • Count 12 (August 24, 2023): Assault with a Dangerous Weapon of John Doe 6
    • Count 13 (September 7, 2023): Kidnapping of John Doe 7
    • Count 14 (September 15, 2023): Kidnapping of John Doe 8
    • Count 15 (February 16, 2024): Kidnapping of John Doe 9
    • Count 16 (April 5, 2024): Kidnapping of John Doe 10
    • Count 17 (April 11, 2024): Kidnapping of John Doe 11

    The maximum penalty for the kidnapping resulting in death charges is death, and Attorney General Bondi has authorized and directed the United States Attorney for the District of New Mexico to pursue capital punishment in this case. Consistent with that authorization, the U.S. Attorney filed a notice of intent to seek the death penalty against Tsethlikai.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Gallup Resident Agency of the Federal Bureau of Investigation’s Albuquerque Field Office is investigating this case with assistance from the Albuquerque Police Department’s Homicide Unit, Sex Crimes Unit, and Air Support Unit. Assistant United States Attorneys Matthew J. McGinley and Jack E. Burkhead are prosecuting the case.

    The FBI continues to investigate Tsethlikai’s involvement in crimes against other victims. If you have reason to believe you or someone you know may be a victim, or have information about Tsethlikai, please call the FBI at (505) 889-1300 or submit tips online at tips.fbi.gov.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI Security: Midway Man Sentenced for Engaging in Sexual Relationship with Inmate

    Source: US FBI

    TALLAHASSEE, FLORIDA – Kerontrez Lamar Kenon, 23, of Midway, Florida, was sentenced to one year in prison after previously pleading guilty to engaging in a sexual relationship with a ward. The sentence was announced by John P. Heekin, United States Attorney for the Northern District of Florida.

    According to court records, Kenon was employed as a correctional officer at Federal Correctional Institution (FCI) Tallahassee during June and July 2023, when he engaged in sexual intercourse with a female inmate who was under his custodial authority. Kenon also brought the inmate cigarettes and food, against regulations, and helped the inmate set up a CashApp so that other inmates could pay her for cigarettes. At the time that the inmate reported the incident, Kenon was no longer employed by FCI Tallahassee. Kenon’s prison sentence will be followed by five years’ supervised release.

    U.S. Attorney Heekin said: “A correctional officer’s abuse of his position is intolerable.  My office will work with our federal partners to vigorously investigate and prosecute any officer who violates their oath through the abuse of inmates entrusted to their care and custody.”

    “No inmate should ever experience sexual abuse or mistreatment of any kind by those responsible for their safety and custody. The Office of the Inspector General is committed to holding violators accountable and seeking justice for these victims of exploitation,” said Eric Fehlman, Special Agent in Charge of the Department of Justice Office of the Inspector General Southeast Region.

    “The FBI will stop at nothing to seek justice for victims of crime, including inmates who suffer abuse while housed in corrections facilities,” Jason Carley, Special Agent in Charge of the FBI Jacksonville Division. “This case is even more egregious, having been committed by someone who was in a position of authority. Our investigators will continue to work tirelessly in coordination with our law enforcement partners to identify those who violate their oath to protect and serve.”

    The conviction and sentence were the result of a joint investigation by the Department of Justice Office of Inspector General and the Federal Bureau of Investigation. The case was prosecuted by Assistant United States Attorney Meredith L. Steer.

    The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General.  To access public court documents online, please visit the U.S. District Court for the Northern District of Florida website. For more information about the United States Attorney’s Office, Northern District of Florida, visit http://www.justice.gov/usao/fln/index.html.

    MIL Security OSI –

  • MIL-OSI Security: Man Charged with Murder on the Uintah and Ouray Reservation

    Source: US FBI

    The FBI, along with the Bureau of Indian Affairs and the Uintah County Sheriff’s Office, are investigating the homicide of an adult male from Vernal, Utah. The incident happened in the Whiterocks community, on the Uinta and Ouray Indian Reservation on June 26, 2025.

    Leroy Casper Poowegup Reed, an enrolled member of the Ute Indian Tribe, was taken into tribal custody. A federal arrest warrant has been issued for Reed, who is charged by criminal complaint with murder in the second-degree while within Indian Country.

    According to the complaint, a deceased individual was found in a running vehicle with an arrow impaled in his neck. Further investigation by the BIA and Uintah County Sheriff’s Office led to Reed, who was arrested at his residence in the Whiterocks community.

    A defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI: Barclays Bank PLC: Launch of accelerated placing of shares in InPost

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 30, 2025 (GLOBE NEWSWIRE) —

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER FOR SALE OF, OR THE SOLICITATION OF AN OFFER TO BUY, THE SECURITIES REFERRED TO HEREIN IN ANY JURISDICTION, INCLUDING THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

    PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. 

    30 June 2025

    AI Prime & Cy S.C.A. announces the launch of an accelerated placing of shares in InPost S.A.

    AI Prime & Cy S.C.A. (“AI Prime”), an Advent International company, has launched an accelerated placing (the “Placing”) of c. 17.5 million ordinary shares of InPost S.A. (the “Company”) representing c. 3.5% of the Company’s existing share capital.

    The Placing is addressed to certain eligible institutional investors only, with final terms to be determined through an accelerated bookbuilding process.

    The books for the Placing will open with immediate effect. Pricing and allocations are expected to be announced as soon as practicable following the closing of the books.

    As part of the transaction, remaining shares in the Company held by AI Prime will be subject to a 60 day lock up period from the Placing settlement date, subject to customary exemptions.

    Barclays Bank PLC is acting as Sole Global Co-ordinator and Bookrunner on the Placing.

    The Company will not receive any proceeds from the Placing.

    IMPORTANT NOTICE

    THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY OF THESE SECURITIES IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM UNITED STATES REGISTRATION REQUIREMENTS. NO PUBLIC OFFER OF SECURITIES IS TO BE MADE IN THE UNITED STATES AND NEITHER THIS ANNOUNCEMENT NOR ANY COPY OF IT MAY BE TAKEN, TRANSMITTED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, SOUTH AFRICA OR JAPAN. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES, CANADIAN, SOUTH AFRICAN OR JAPANESE SECURITIES LAWS.

    THIS ANNOUNCEMENT AND ANY OFFER OF SHARES PURSUANT TO THE PLACING (“PLACING SHARES“) IF MADE SUBSEQUENTLY ARE ONLY ADDRESSED TO AND DIRECTED AT PERSONS (1) IN THE EEA WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF REGULATION (EU) 2017/1129 (THE “PROSPECTUS REGULATION“) AND (2) IN THE UNITED KINGDOM, WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF THE PROSPECTUS REGULATION AS IT FORMS PART OF DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AND WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS WHO FALL WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS AMENDED, THE “ORDER“) OR ARE HIGH NET WORTH ENTITIES FALLING WITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER OR ARE PERSONS TO WHOM AN OFFER OF THE PLACING SHARES MAY OTHERWISE BE LAWFULLY COMMUNICATED (ALL SUCH PERSONS BEING REFERRED TO AS “RELEVANT PERSONS“). PERSONS WHO ARE NOT RELEVANT PERSONS SHOULD NOT TAKE ANY ACTION ON THE BASIS OF THIS ANNOUNCEMENT AND SHOULD NOT ACT OR RELY ON IT.

    THE SECURITIES REFERRED TO HEREIN WILL BE OFFERED (I) WITHIN THE UNITED STATES ONLY TO A LIMITED NUMBER OF QUALIFIED INSTITUTIONAL BUYERS AS DEFINED IN RULE 144A UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT“) PURSUANT TO AN EXEMPTION FROM, OR IN TRANSACTIONS NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, AND (II) OUTSIDE THE UNITED STATES IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT, IN EACH CASE SUBJECT TO PREVAILING MARKET AND OTHER CONDITIONS. THERE IS NO ASSURANCE THAT THE PLACING WILL BE COMPLETED, OR IF COMPLETED, AS TO THE TERMS ON WHICH IT IS COMPLETED. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES WITHOUT REGISTRATION THEREUNDER OR UNLESS PURSUANT TO AN AVAILABLE EXEMPTION THEREFROM. NEITHER THIS DOCUMENT NOR THE INFORMATION CONTAINED HEREIN CONSTITUTES OR FORMS PART OF AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, SECURITIES IN THE UNITED STATES. THERE WILL BE NO PUBLIC OFFER OF ANY SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION.

    THIS ANNOUNCEMENT DOES NOT, AND SHALL NOT, IN ANY CIRCUMSTANCES CONSTITUTE A PUBLIC OFFERING, NOR AN OFFER TO SELL OR TO SUBSCRIBE, NOR A SOLICITATION TO OFFER TO PURCHASE OR TO SUBSCRIBE SECURITIES IN ANY JURISDICTION. THE DISTRIBUTION OF THIS ANNOUNCEMENT AND THE OFFERING OR SALE OF THE SECURITIES IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW. NO ACTION HAS BEEN TAKEN BY AI PRIME, BARCLAYS BANK PLC (THE “GLOBAL CO-ORDINATOR“) OR ANY OF THEIR RESPECTIVE AFFILIATES THAT WOULD, OR WHICH IS INTENDED TO, PERMIT A PUBLIC OFFER OF THE SECURITIES IN ANY JURISDICTION OR POSSESSION OR DISTRIBUTION OF THIS ANNOUNCEMENT OR ANY OTHER OFFERING OR PUBLICITY MATERIAL RELATING TO THE SECURITIES IN ANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. PERSONS INTO WHOSE POSSESSION THIS ANNOUNCEMENT COMES ARE REQUIRED BY AI PRIME AND THE GLOBAL CO-ORDINATOR TO INFORM THEMSELVES ABOUT AND TO OBSERVE ANY APPLICABLE RESTRICTIONS.

    NO PROSPECTUS OR OFFERING DOCUMENT HAS BEEN OR WILL BE PREPARED IN CONNECTION WITH THE PLACING. ANY INVESTMENT DECISION IN CONNECTION WITH THE PLACING MUST BE MADE SOLELY ON THE BASIS OF PUBLICLY AVAILABLE INFORMATION RELATING TO THE COMPANY AND ITS SHARES. SUCH INFORMATION HAS NOT BEEN INDEPENDENTLY VERIFIED AND AI PRIME AND THE GLOBAL CO-ORDINATOR ARE NOT RESPONSIBLE, AND EXPRESSLY DISCLAIM ANY LIABILITY, FOR SUCH INFORMATION. THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS FOR BACKGROUND PURPOSES ONLY AND DOES NOT PURPORT TO BE FULL OR COMPLETE. NO RELIANCE MAY BE PLACED FOR ANY PURPOSE ON THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT OR ON ITS ACCURACY OR COMPLETENESS.

    IN CONNECTION WITH THE PLACING, THE GLOBAL CO-ORDINATOR OR ANY OF ITS AFFILIATES MAY TAKE UP A PORTION OF THE PLACING SHARES AS A PRINCIPAL POSITION AND IN THAT CAPACITY MAY RETAIN, PURCHASE, SELL OR OFFER TO SELL FOR ITS OWN ACCOUNT SUCH PLACING SHARES AND OTHER SECURITIES OF THE COMPANY OR RELATED INVESTMENTS IN CONNECTION WITH THE PLACING OR OTHERWISE. ACCORDINGLY, REFERENCES TO THE PLACING SHARES BEING OFFERED, ACQUIRED, PLACED OR OTHERWISE DEALT IN SHOULD BE READ AS INCLUDING ANY OFFER TO, OR ACQUISITION, PLACING OR DEALING BY THE GLOBAL CO-ORDINATOR AND ANY OF ITS AFFILIATES ACTING AS INVESTORS FOR THEIR OWN ACCOUNTS. THE GLOBAL CO-ORDINATOR DOES NOT INTEND TO DISCLOSE THE EXTENT OF ANY SUCH INVESTMENT OR TRANSACTIONS OTHERWISE THAN IN ACCORDANCE WITH ANY LEGAL OR REGULATORY OBLIGATIONS TO DO SO.

    THIS ANNOUNCEMENT DOES NOT PURPORT TO IDENTIFY OR SUGGEST THE RISKS (DIRECT OR INDIRECT) WHICH MAY BE ASSOCIATED WITH AN INVESTMENT IN THE COMPANY OR ITS SHARES.

    THIS ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMENDATION CONCERNING THE PLACING. THE PRICE AND VALUE OF SECURITIES AND ANY INCOME FROM THEM CAN GO DOWN AS WELL AS UP. PAST PERFORMANCE IS NOT A GUIDE TO FUTURE PERFORMANCE. ACQUIRING PLACING SHARES TO WHICH THIS ANNOUNCEMENT RELATES MAY EXPOSE AN INVESTOR TO A SIGNIFICANT RISK OF LOSING ALL OF THE AMOUNT INVESTED. POTENTIAL INVESTORS SHOULD CONSULT A PROFESSIONAL ADVISOR AS TO THE SUITABILITY OF THE PLACING FOR THE ENTITY OR PERSON CONCERNED. THIS ANNOUNCEMENT DOES NOT REPRESENT THE ANNOUNCEMENT OF A DEFINITIVE AGREEMENT TO PROCEED WITH THE PLACING AND, ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT THE PLACING WILL PROCEED. AI PRIME RESERVES THE RIGHT NOT TO PROCEED WITH THE PLACING OR TO VARY THE TERMS OF THE PLACING IN ANY WAY.

    BARCLAYS BANK PLC IS AUTHORISED IN THE UNITED KINGDOM BY THE PRUDENTIAL REGULATION AUTHORITY AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY AND THE PRUDENTIAL REGULATION AUTHORITY.  THE GLOBAL CO-ORDINATOR IS ACTING FOR AI PRIME AND NO-ONE ELSE IN CONNECTION WITH THE PLACING. NEITHER THE GLOBAL CO-ORDINATOR NOR ANY OF ITS AFFILIATES, NOR THEIR RESPECTIVE PARTNERS, DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS WILL REGARD ANY OTHER PERSON AS A CLIENT IN CONNECTION WITH THE PLACING AND THEY WILL NOT BE RESPONSIBLE TO ANYONE OTHER THAN AI PRIME FOR PROVIDING THE PROTECTIONS AFFORDED TO THEIR RESPECTIVE CLIENTS OR FOR PROVIDING ADVICE IN CONNECTION WITH THE PLACING DESCRIBED IN THIS ANNOUNCEMENT OR FOR ANY OTHER MATTERS REFERRED TO HEREIN.

    CERTAIN FIGURES CONTAINED IN THIS ANNOUNCEMENT HAVE BEEN SUBJECT TO ROUNDING ADJUSTMENTS. ACCORDINGLY, IN CERTAIN INSTANCES, THE SUM OR PERCENTAGE CHANGE OF THE NUMBERS CONTAINED IN THIS ANNOUNCEMENT MAY NOT CONFORM EXACTLY WITH THE TOTAL FIGURE GIVEN.

    THIS ANNOUNCEMENT INCLUDES STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE TERMS “INTENDS”, “EXPECTS”, “WILL”, OR “MAY”, OR, IN EACH CASE, THEIR NEGATIVE OR OTHER VARIATIONS OR COMPARABLE TERMINOLOGY, OR BY DISCUSSIONS OF STRATEGY, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING STATEMENTS INCLUDE ALL MATTERS THAT ARE NOT HISTORICAL FACTS AND INCLUDE STATEMENTS REGARDING INTENTIONS, BELIEFS OR CURRENT EXPECTATIONS. NO ASSURANCES CAN BE GIVEN THAT THE FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT WILL BE REALISED. AS A RESULT, NO UNDUE RELIANCE SHOULD BE PLACED ON THESE FORWARD-LOOKING STATEMENTS AS A PREDICTION OF ACTUAL EVENTS OR OTHERWISE.

    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 www.rns.com.

    The MIL Network –

  • MIL-OSI: Barclays Bank PLC: Launch of accelerated placing of shares in InPost

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 30, 2025 (GLOBE NEWSWIRE) —

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER FOR SALE OF, OR THE SOLICITATION OF AN OFFER TO BUY, THE SECURITIES REFERRED TO HEREIN IN ANY JURISDICTION, INCLUDING THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

    PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. 

    30 June 2025

    AI Prime & Cy S.C.A. announces the launch of an accelerated placing of shares in InPost S.A.

    AI Prime & Cy S.C.A. (“AI Prime”), an Advent International company, has launched an accelerated placing (the “Placing”) of c. 17.5 million ordinary shares of InPost S.A. (the “Company”) representing c. 3.5% of the Company’s existing share capital.

    The Placing is addressed to certain eligible institutional investors only, with final terms to be determined through an accelerated bookbuilding process.

    The books for the Placing will open with immediate effect. Pricing and allocations are expected to be announced as soon as practicable following the closing of the books.

    As part of the transaction, remaining shares in the Company held by AI Prime will be subject to a 60 day lock up period from the Placing settlement date, subject to customary exemptions.

    Barclays Bank PLC is acting as Sole Global Co-ordinator and Bookrunner on the Placing.

    The Company will not receive any proceeds from the Placing.

    IMPORTANT NOTICE

    THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY OF THESE SECURITIES IN THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM UNITED STATES REGISTRATION REQUIREMENTS. NO PUBLIC OFFER OF SECURITIES IS TO BE MADE IN THE UNITED STATES AND NEITHER THIS ANNOUNCEMENT NOR ANY COPY OF IT MAY BE TAKEN, TRANSMITTED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, SOUTH AFRICA OR JAPAN. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES, CANADIAN, SOUTH AFRICAN OR JAPANESE SECURITIES LAWS.

    THIS ANNOUNCEMENT AND ANY OFFER OF SHARES PURSUANT TO THE PLACING (“PLACING SHARES“) IF MADE SUBSEQUENTLY ARE ONLY ADDRESSED TO AND DIRECTED AT PERSONS (1) IN THE EEA WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF REGULATION (EU) 2017/1129 (THE “PROSPECTUS REGULATION“) AND (2) IN THE UNITED KINGDOM, WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF THE PROSPECTUS REGULATION AS IT FORMS PART OF DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 AND WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS WHO FALL WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS AMENDED, THE “ORDER“) OR ARE HIGH NET WORTH ENTITIES FALLING WITHIN ARTICLE 49(2)(A) TO (D) OF THE ORDER OR ARE PERSONS TO WHOM AN OFFER OF THE PLACING SHARES MAY OTHERWISE BE LAWFULLY COMMUNICATED (ALL SUCH PERSONS BEING REFERRED TO AS “RELEVANT PERSONS“). PERSONS WHO ARE NOT RELEVANT PERSONS SHOULD NOT TAKE ANY ACTION ON THE BASIS OF THIS ANNOUNCEMENT AND SHOULD NOT ACT OR RELY ON IT.

    THE SECURITIES REFERRED TO HEREIN WILL BE OFFERED (I) WITHIN THE UNITED STATES ONLY TO A LIMITED NUMBER OF QUALIFIED INSTITUTIONAL BUYERS AS DEFINED IN RULE 144A UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT“) PURSUANT TO AN EXEMPTION FROM, OR IN TRANSACTIONS NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, AND (II) OUTSIDE THE UNITED STATES IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT, IN EACH CASE SUBJECT TO PREVAILING MARKET AND OTHER CONDITIONS. THERE IS NO ASSURANCE THAT THE PLACING WILL BE COMPLETED, OR IF COMPLETED, AS TO THE TERMS ON WHICH IT IS COMPLETED. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES WITHOUT REGISTRATION THEREUNDER OR UNLESS PURSUANT TO AN AVAILABLE EXEMPTION THEREFROM. NEITHER THIS DOCUMENT NOR THE INFORMATION CONTAINED HEREIN CONSTITUTES OR FORMS PART OF AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, SECURITIES IN THE UNITED STATES. THERE WILL BE NO PUBLIC OFFER OF ANY SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION.

    THIS ANNOUNCEMENT DOES NOT, AND SHALL NOT, IN ANY CIRCUMSTANCES CONSTITUTE A PUBLIC OFFERING, NOR AN OFFER TO SELL OR TO SUBSCRIBE, NOR A SOLICITATION TO OFFER TO PURCHASE OR TO SUBSCRIBE SECURITIES IN ANY JURISDICTION. THE DISTRIBUTION OF THIS ANNOUNCEMENT AND THE OFFERING OR SALE OF THE SECURITIES IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW. NO ACTION HAS BEEN TAKEN BY AI PRIME, BARCLAYS BANK PLC (THE “GLOBAL CO-ORDINATOR“) OR ANY OF THEIR RESPECTIVE AFFILIATES THAT WOULD, OR WHICH IS INTENDED TO, PERMIT A PUBLIC OFFER OF THE SECURITIES IN ANY JURISDICTION OR POSSESSION OR DISTRIBUTION OF THIS ANNOUNCEMENT OR ANY OTHER OFFERING OR PUBLICITY MATERIAL RELATING TO THE SECURITIES IN ANY JURISDICTION WHERE ACTION FOR THAT PURPOSE IS REQUIRED. PERSONS INTO WHOSE POSSESSION THIS ANNOUNCEMENT COMES ARE REQUIRED BY AI PRIME AND THE GLOBAL CO-ORDINATOR TO INFORM THEMSELVES ABOUT AND TO OBSERVE ANY APPLICABLE RESTRICTIONS.

    NO PROSPECTUS OR OFFERING DOCUMENT HAS BEEN OR WILL BE PREPARED IN CONNECTION WITH THE PLACING. ANY INVESTMENT DECISION IN CONNECTION WITH THE PLACING MUST BE MADE SOLELY ON THE BASIS OF PUBLICLY AVAILABLE INFORMATION RELATING TO THE COMPANY AND ITS SHARES. SUCH INFORMATION HAS NOT BEEN INDEPENDENTLY VERIFIED AND AI PRIME AND THE GLOBAL CO-ORDINATOR ARE NOT RESPONSIBLE, AND EXPRESSLY DISCLAIM ANY LIABILITY, FOR SUCH INFORMATION. THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS FOR BACKGROUND PURPOSES ONLY AND DOES NOT PURPORT TO BE FULL OR COMPLETE. NO RELIANCE MAY BE PLACED FOR ANY PURPOSE ON THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT OR ON ITS ACCURACY OR COMPLETENESS.

    IN CONNECTION WITH THE PLACING, THE GLOBAL CO-ORDINATOR OR ANY OF ITS AFFILIATES MAY TAKE UP A PORTION OF THE PLACING SHARES AS A PRINCIPAL POSITION AND IN THAT CAPACITY MAY RETAIN, PURCHASE, SELL OR OFFER TO SELL FOR ITS OWN ACCOUNT SUCH PLACING SHARES AND OTHER SECURITIES OF THE COMPANY OR RELATED INVESTMENTS IN CONNECTION WITH THE PLACING OR OTHERWISE. ACCORDINGLY, REFERENCES TO THE PLACING SHARES BEING OFFERED, ACQUIRED, PLACED OR OTHERWISE DEALT IN SHOULD BE READ AS INCLUDING ANY OFFER TO, OR ACQUISITION, PLACING OR DEALING BY THE GLOBAL CO-ORDINATOR AND ANY OF ITS AFFILIATES ACTING AS INVESTORS FOR THEIR OWN ACCOUNTS. THE GLOBAL CO-ORDINATOR DOES NOT INTEND TO DISCLOSE THE EXTENT OF ANY SUCH INVESTMENT OR TRANSACTIONS OTHERWISE THAN IN ACCORDANCE WITH ANY LEGAL OR REGULATORY OBLIGATIONS TO DO SO.

    THIS ANNOUNCEMENT DOES NOT PURPORT TO IDENTIFY OR SUGGEST THE RISKS (DIRECT OR INDIRECT) WHICH MAY BE ASSOCIATED WITH AN INVESTMENT IN THE COMPANY OR ITS SHARES.

    THIS ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMENDATION CONCERNING THE PLACING. THE PRICE AND VALUE OF SECURITIES AND ANY INCOME FROM THEM CAN GO DOWN AS WELL AS UP. PAST PERFORMANCE IS NOT A GUIDE TO FUTURE PERFORMANCE. ACQUIRING PLACING SHARES TO WHICH THIS ANNOUNCEMENT RELATES MAY EXPOSE AN INVESTOR TO A SIGNIFICANT RISK OF LOSING ALL OF THE AMOUNT INVESTED. POTENTIAL INVESTORS SHOULD CONSULT A PROFESSIONAL ADVISOR AS TO THE SUITABILITY OF THE PLACING FOR THE ENTITY OR PERSON CONCERNED. THIS ANNOUNCEMENT DOES NOT REPRESENT THE ANNOUNCEMENT OF A DEFINITIVE AGREEMENT TO PROCEED WITH THE PLACING AND, ACCORDINGLY, THERE CAN BE NO CERTAINTY THAT THE PLACING WILL PROCEED. AI PRIME RESERVES THE RIGHT NOT TO PROCEED WITH THE PLACING OR TO VARY THE TERMS OF THE PLACING IN ANY WAY.

    BARCLAYS BANK PLC IS AUTHORISED IN THE UNITED KINGDOM BY THE PRUDENTIAL REGULATION AUTHORITY AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY AND THE PRUDENTIAL REGULATION AUTHORITY.  THE GLOBAL CO-ORDINATOR IS ACTING FOR AI PRIME AND NO-ONE ELSE IN CONNECTION WITH THE PLACING. NEITHER THE GLOBAL CO-ORDINATOR NOR ANY OF ITS AFFILIATES, NOR THEIR RESPECTIVE PARTNERS, DIRECTORS, OFFICERS, EMPLOYEES OR AGENTS WILL REGARD ANY OTHER PERSON AS A CLIENT IN CONNECTION WITH THE PLACING AND THEY WILL NOT BE RESPONSIBLE TO ANYONE OTHER THAN AI PRIME FOR PROVIDING THE PROTECTIONS AFFORDED TO THEIR RESPECTIVE CLIENTS OR FOR PROVIDING ADVICE IN CONNECTION WITH THE PLACING DESCRIBED IN THIS ANNOUNCEMENT OR FOR ANY OTHER MATTERS REFERRED TO HEREIN.

    CERTAIN FIGURES CONTAINED IN THIS ANNOUNCEMENT HAVE BEEN SUBJECT TO ROUNDING ADJUSTMENTS. ACCORDINGLY, IN CERTAIN INSTANCES, THE SUM OR PERCENTAGE CHANGE OF THE NUMBERS CONTAINED IN THIS ANNOUNCEMENT MAY NOT CONFORM EXACTLY WITH THE TOTAL FIGURE GIVEN.

    THIS ANNOUNCEMENT INCLUDES STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE TERMS “INTENDS”, “EXPECTS”, “WILL”, OR “MAY”, OR, IN EACH CASE, THEIR NEGATIVE OR OTHER VARIATIONS OR COMPARABLE TERMINOLOGY, OR BY DISCUSSIONS OF STRATEGY, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING STATEMENTS INCLUDE ALL MATTERS THAT ARE NOT HISTORICAL FACTS AND INCLUDE STATEMENTS REGARDING INTENTIONS, BELIEFS OR CURRENT EXPECTATIONS. NO ASSURANCES CAN BE GIVEN THAT THE FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT WILL BE REALISED. AS A RESULT, NO UNDUE RELIANCE SHOULD BE PLACED ON THESE FORWARD-LOOKING STATEMENTS AS A PREDICTION OF ACTUAL EVENTS OR OTHERWISE.

    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 www.rns.com.

    The MIL Network –

  • MIL-OSI Security: District of Arizona Charges 164 Individuals for Immigration-Related Criminal Conduct this Week

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    PHOENIX, Ariz. – During the week of enforcement operations from June 21, 2025, through June 27, 2025, the U.S. Attorney’s Office for the District of Arizona brought immigration-related criminal charges against 164 individuals. Specifically, the United States filed 84 cases in which aliens illegally re-entered the United States, and the United States also charged 71 aliens for illegally entering the United States. In its ongoing effort to deter unlawful immigration, the United States filed cases against 9 individuals responsible for smuggling illegal aliens into and within the District of Arizona.

    These cases were referred or supported by federal law enforcement partners, including Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), ICE Homeland Security Investigations (HSI), U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).

    Recent matters of interest include:

    United States v. Jesus Alfred Salazar-Ruiz: On June 22, 2025, Border Patrol Agents attempted to conduct a stop on Jesus Alfred Salazar-Ruiz while he was driving. Salazar-Ruiz failed to yield and turned on to a dirt road, breaking through a chain gate in barbed wire fencing. Salazar-Ruiz drove at approximately 50 mph on the dirt road for several miles before coming to an abrupt stop. When agents approached the vehicle, it was empty. Agents searched the area and were able to locate Salazar-Ruiz, who still had the vehicle key in his possession. Agents were able to locate and apprehend three passengers from Salazar-Ruiz’s vehicle who were determined to be in the United States illegally. Salazar-Ruiz was charged by criminal complaint with Transportation of an Illegal Alien for Profit. [Case Number: 25-MJ-02859]

    United States v. Miguel Angel Mezo-Antele: On June 24, 2025, Border Patrol Agents stopped a vehicle on Interstate 40 in Yuma, Arizona. Miguel Angel Mezo-Antele, the driver of the vehicle and a citizen of Mexico, was transporting four passengers who were also citizens of Mexico. Mezo-Antele and the four passengers did not possess any documents allowing them to enter, pass through, or remain in the United States legally. Mezo-Antele was transporting the four passengers from New Mexico, through Arizona, to their ultimate destinations in California and Oregon. Mezo-Antele was charged by criminal complaint with Transportation of an Illegal Alien. [Case Number: 25‐MJ‐1696]

    United States v. Dalesio Hernandez-Bautista: On June 27, 2025, Dalesio Hernandez-Bautista, was charged by criminal complaint with Re-entry of a Removed Alien. Hernandez-Bautista had been previously removed from the United States in 2018 after being convicted of manslaughter, a felony, in the Superior Court of Arizona, Pinal County. Hernandez-Bautista was sentenced to five years in prison for the manslaughter. [Case Number: 25-MJ-53146]

    A criminal complaint is simply a method by which a person is charged with criminal activity and raises no inference of guilt. An individual is presumed innocent until evidence is presented to a jury that establishes guilt beyond a reasonable doubt.

    These cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    RELEASE NUMBER:    2025-105_June 27 Immigration Enforcement

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/

    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

    MIL Security OSI –

  • MIL-OSI Security: PENSACOLA MAN SENTENCED FOR POSSESSING ILLEGAL NARCOTICS AND A FIREARM IN A HOME WITH YOUNG CHILDREN PRESENT

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    PENSACOLA, FLORIDA – Christopher Michael Stanton, Jr., 29, of Pensacola, Florida, was sentenced to 97 months in federal prison after previously pleading guilty to possession of controlled substances with intent to distribute, possession of a firearm in furtherance of a drug trafficking crime, and possession of a firearm and ammunition by a convicted felon. The sentence was announced by John P. Heekin, United States Attorney for the Northern District of Florida.

    According to court records, on August 7, 2024, law enforcement executed a search warrant at Stanton’s residence on West Baars Street in Pensacola. In addition to Stanton and a female being present in the residence at the time of the search warrant, there were also three young children, all under the age of 10, present in the residence. Law enforcement located marijuana, cocaine, a loaded firearm, ammunition, loaded handgun magazines, and drug paraphernalia including a scale and cups with cocaine residue. Stanton was already a convicted felon.

    U.S. Attorney Heekin said: “The fact that the defendant had dangerous narcotics strewn about his home in the presence of young children is inexcusable.  My office is committed to the safety of our community, which includes keeping illegal narcotics off the streets and firearms out of the hands of convicted felons.”

    The case involved a joint investigation by the Escambia County Sheriff’s Office, the Bureau of Alcohol, Tobacco, Firearms, and Explosives, and the Gulf Coast High Intensity Drug Trafficking Areas Task Force (HIDTA).  The case was prosecuted by Assistant United States Attorney Jessica S. Etherton.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline) a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General.  To access public court documents online, please visit the U.S. District Court for the Northern District of Florida website. For more information about the United States Attorney’s Office, Northern District of Florida, visit http://www.justice.gov/usao/fln/index.html.

    MIL Security OSI –

  • MIL-OSI: Nimanode Presale Skyrockets with over 38% Allocation Scooped, Is this the Next DeFi Mover for Altseason?

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 30, 2025 (GLOBE NEWSWIRE) — The highly anticipated Nimanode (NMA) Presale has so far surpassed expectations, rapidly filling its presale allocation with 38% already scooped so far which has fuelled intense investor FOMO.

    Nimanode is drawing serious attention from early adopters seeking exposure to the next phase of Web3 automation. As more participants secure their share of $NMA, the window for entry is almost closed by the hours as it narrows quickly.

    Analysts have predicted $NMA could deliver high returns with anticipation of a major breakout post-launch, early participants are moving quickly to secure $NMA tokens at presale pricing.

    $NMA Presale

    Presale Participation Surges as Investor Demands Intensifies

    Nimanode is capturing attention for good reason: it’s pioneering zero-code, on-chain AI agents that can automate complex blockchain tasks from deploying smart contracts and managing DeFi strategies to running real-time compliance checks and providing intelligent customer support.

    FOMO is already set in place as the Nimanode Presale momentum already indicates strong confidence from early investors citing a belief in the project.

    Demand for the NMA token has also surged as tokens are set to be listed at an upward 25% price from presale prices at top XRPL exchanges like Magnetic, so instant returns for early investors are expected.

    Pioneering the AI x Blockchain Wave on XRP Ledger

    The platform’s unique value lies in its accessibility. Anyone regardless of coding ability can create and monetize autonomous AI agents, all powered by the speed and cost-efficiency of the XRPL.

    Unlike static automation or off-chain bots, Nimanode agents operate on-chain, interact with smart contracts, and generate on-chain earnings; creating a new form of programmable, decentralized labor.

    Though independent from Ripple’s official roadmap, Nimanode leverages XRP Ledger’s speed, low fees, and increasing developer adoption to help reignite the bullish energy seen in previous cycles.

    To put it in perspective, XRP once saw an explosive 137,000% surge during the 2017–2018 bull market. Now, as the XRP ecosystem rebounds with the token retracing back to $2.20

    Nimanode’s emergence offers a timely opportunity to capture investor interest around intelligent automation, agent-powered DeFi, and tokenized real-world utilities built directly on XRPL.

    Reimagining the Future of Work Through AI Agents, A Core Value

    Nimanode isn’t just riding the wave of XRP’s momentum, it introduces a suite of pioneering features designed to fuel long-term growth and ecosystem resilience. It is working to be a part of the future of work.

    Zero-Code Agent Builder: Create and launch AI agents through an intuitive drag-and-drop interface
    Autonomous On-Chain Agents: Agents can interact with dApps, execute logic, and respond to events
    Decentralized Agent Marketplace: Allows the community to deploy and monetize AI Agents
    Cross-Chain & Off-Chain Integration: Enable automation across multiple networks and external APIs

    Don’t Miss Out Nimanode Presale

    With early interest accelerating and a powerful utility-driven token model, investor excitement around Nimanode is building fast. As more participants secure their share of $NMA, the window for entry is almost closed, by the hours it narrows quickly.

    Joining in the NimaNode Presale is quite straightforward

    Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit

    Send to an XRP-Compatible Wallet: Ensure you have a non-custodial wallet capable of receiving XRP native tokens Xaman recommended.

    Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

    As Nimanode Presale gains momentum, now is a perfect opportunity to position at the next wave of Blockchain innovation poised for massive gains through the integration of Web3 and AI.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

    Disclaimer: This is a paid post and is provided by Nimanode. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. GlobeNewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c966a654-21fa-42fb-8f3c-c1bf50b9f66e

    The MIL Network –

  • MIL-OSI Security: Joint Statement from CISA, FBI, DC3 and NSA on Potential Targeted Cyber Activity Against U.S. Critical Infrastructure by Iran

    Source: US Department of Homeland Security

    Iranian state-sponsored or affiliated threat actors are known to conduct a range of targeted cyber activity to include exploit known vulnerabilities in unpatched or outdated software, compromise internet-connected accounts and devices that use default or weak passwords and work with ransomware affiliates to encrypt, steal and leak sensitive information.

    At this time, we have not seen indications of a coordinated campaign of malicious cyber activity in the U.S. that can be attributed to Iran. However, we are urging critical infrastructure organizations to stay vigilant to Iranian-affiliated cyber actors that may target U.S. devices and networks. We strongly urge organizations to review our joint fact sheet and implement recommended actions to strengthen our collective defense against this potential cyber activity.

     The Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), Department of Defense Cyber Crime Center (DC3) and the National Security Agency (NSA) are actively monitoring and coordinating with government, industry, and international partners to identify and share actionable intelligence and provide resources and assistance. We also strongly urge organizations report suspicious or criminal activity related to potential Iranian cyber activity.

    MIL Security OSI –

  • MIL-OSI: KANZHUN LIMITED Announces Pricing of Share Offer

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 30, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced the pricing of its share offer (the “Share Offer”) of an aggregate of 34,500,000 Class A ordinary shares of the Company, including 4,500,000 Class A ordinary shares offered pursuant to the Company’s full exercise of the offer size adjustment option. The Share Offer is comprised of a Hong Kong public offering (the “Hong Kong Public Offering”), and an international offering (the “International Offering”).

    The final offer price for both the Hong Kong Public Offering and the International Offering (the “Offer Price”) has been set as HK$66.00 per share. Based on the ratio of two Class A ordinary shares per Nasdaq-listed American depositary share (“ADS”) and an exchange rate of HK$7.8499 to US$1.00, the Offer Price translates to approximately US$16.82 per ADS. The final offer price has been set by the Company out of sincerity, and the Company would like to express gratitude to its investors for their participation in the share offer.

    Subject to approval from the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), the Class A ordinary shares of the Company are expected to begin dealing on the Main Board of the Hong Kong Stock Exchange on Friday, July 4, 2025. The Share Offer is expected to close on the same day, subject to customary closing conditions.

    Based on the Offer Price, the net proceeds from the Share Offer (after full exercise of the offer size adjustment option) is estimated to be approximately HK$2,199.9 million (US$280.3 million), after deducting estimated underwriting fees and other expenses payable, based on an exchange rate of HK$7.8499 to US$1.00. The Share Offer is intended to further enhance the Company’s financial flexibility, broaden its shareholder base, improve stock liquidity, and support its healthy and sustainable development. The net proceeds from the Share Offer will be used in investment in technology and related infrastructure, the development of new business initiatives, strategic acquisitions or investment opportunities and for working capital and general corporate purposes.

    Goldman Sachs (Asia) L.L.C. and Morgan Stanley Asia Limited (in alphabetical order) act as the overall coordinators for the Share Offer. Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited (in alphabetical order) and Huatai Financial Holdings (Hong Kong) Limited act as the joint global coordinators for the Share Offer. Goldman Sachs (Asia) L.L.C., Morgan Stanley Asia Limited (in alphabetical order), Huatai Financial Holdings (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited and Tiger Brokers (HK) Global Limited act as joint bookrunners and joint lead managers for the Share Offer.

    The International Offering is being made only by means of a preliminary prospectus supplement dated June 24, 2025 and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 16, 2022, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement are available at the SEC website at: http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attention: Prospectus Department, Telephone: 1 (866) 471-2526, Email:  Prospectus-ny@ny.email.gs.com; or Morgan Stanley Asia Limited, c/o Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, Telephone: 1 (866) 718-1649, Email: prospectus@morganstanley.com. 

    This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the Share Offer, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by the Hong Kong Stock Exchange or the Securities and Futures Commission of Hong Kong.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    About KANZHUN LIMITED

    KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

    For more information, please visit https://ir.zhipin.com.

    For investor and media inquiries, please contact:

    KANZHUN LIMITED
    Investor Relations
    Email: ir@kanzhun.com

    In China：

    PIACENTE FINANCIAL COMMUNICATIONS
    Helen Wu
    Tel: +86-10-6508-0677
    Email: kanzhun@tpg-ir.com

    In the United States:

    PIACENTE FINANCIAL COMMUNICATIONS
    Brandi Piacente
    Phone: +1-212-481-2050
    Email: kanzhun@tpg-ir.com

    The MIL Network –

  • MIL-OSI: Texas Payday Loans with No Credit Check & Fast Approval – Wizzay Expands Access with New Launch

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) — Wizzay—an online lending platform—has now started providing electronic payday loans as well as installment loan solutions to customers throughout Texas. The platform allows borrowers to electronically submit a secure loan application and, if qualified, be deposited funds directly into their accounts. The service is intended to offer temporary monetary relief without a visit to a storefront lender.

    By bringing together technology-powered processing and a network of regulated lending partners, Wizzay offers access to both short-term payday loans and longer-term installment loans. The site supports various loan sizes and term lengths. Wizzay conducts business under the guidelines provided by Texas financial regulation and the Office of Consumer Credit Commissioner.

    This release represents Wizzay’s entry into the Texas consumer loan market, with the goal to provide residents more convenience when it comes to obtaining short-term financial relief.

     <<< Designed for Texans with low or bad credit—start now >>>

    Wizzay Payday Loan in Texas – Fast, Simple, and Fully Online

    Wizzay’s Texas payday loan product is designed to make the experience of obtaining a loan online. The loan application takes a few minutes to fill out with a web browser or handheld device. The process saves the inconvenience of stopping by a physical office and cuts back on paperwork by bringing necessary documents onto a digital stage.

    The most important components of this efficient process are:

    • An encrypted online application that works on mobile and desktop platforms
    • Automated identity verification and data analysis
    • A user interface presenting loan conditions before borrower commitment

    These functionalities are designed to make the lending process easier and limit administrative hurdles. Wizzay does not necessitate customers to pay a visit to a physical branch, distinguishing it from conventional brick-and-mortar payday loan providers involving paperwork and person-to-person interactions.

    How Wizzay Offers a Legal and Secure Payday Loan Alternative in Texas

    Wizzay acts as a virtual intermediary, matching borrowers with licensed lending partners that operate within the structure of Texas payday lending laws. Rather than directly issuing loans, Wizzay grants access to lenders that possess the requisite licenses and conform to the law set forth by the Texas Office of Consumer Credit Commissioner.

    Regulatory protections include:

    • Licensing of lenders
    • Fee disclosure and repayment dates prior to loan agreement
    • Maximum cap on fees to avoid uncontrolled cost increase

    By forwarding applications solely to licensed lending partners, Wizzay guarantees adherence to the State of Texas regulations that control short-term loans. Wizzay also makes available documents explaining the terms of lending clearly and contains provisions for references to lender duties and borrower protections.

     <<< Apply in minutes and get closer to the cash you need >>>

    Wizzay Loans in Texas – Get the Money You Need Without the Hassle

    Wizzay’s loan products provide flexibility for a variety of consumer needs, ranging from small emergency cash to higher and more elastic borrowing. Loan values usually range from $100 to $5,000, subject to borrower qualification and lender policies.

    Key features are:

    • No need to go to a physical office
    • Electronic documentation verification and identity validation
    • Same-day or next-day direct deposit within standard processing times
    • Clear fee schedules presented before acceptance of the loan

    Although the process is made to be simple, Wizzay keeps a distinct line between itself and the true lending institutions. Loan offers, having been approved, are offered directly from participating lenders, and borrowers agree to terms before taking money.

    Wizzay and the Installment Loan Advantage for Texas Borrowers

    Installment loans are different from one-time payment payday loans in providing repayment in multiple periodic installments—usually monthly—until the loan amount and fees paid are completely discharged. Wizzay’s collaboration with licensed lenders makes such possibilities for Texas consumers.

    The benefits of installment loans are:

    • Ordered repayment schedules coinciding with earnings
    • Distribution of repayment that can be simpler to cope with than lump sum repayment
    • Potentially reduced total fees compared with one-time payday loans of equivalent amounts

    Borrowers who have limited savings or who require payment flexibility can prefer installment loan options. Wizzay’s function is to match applicants with lenders that provide installment loans in terms suitable to the financial position of the borrower.

     <<< Begin your request and see how fast Wizzay can help >>>

    Wizzay’s Privacy Promise: A Safe Online Loan with No Credit Check & Guaranteed Approval

    Wizzay protects borrower information with industry-standard 256-bit SSL encryption and secure data transfer protocols. Sensitive financial and personal information is encrypted in transit and at rest, with access controls preventing unauthorized access.

    Some elements of Wizzay’s privacy presentation:

    • Secure form submission performed over encrypted channels
    • Disclosure of data use restricted to underwriting and lender matching
    • Disclosure of sharing data only with approved partners

    In most instances, lenders on the Wizzay network conduct a soft credit check—one that won’t affect the applicant’s credit score—or emphasize capacity to repay more than credit history. Depending on lender practices, some customers apply for a payday loan in Texas with little consideration of credit history.

    Apply Online for a Wizzay Payday Loan in Minutes

    The process is streamlined for speed and convenience:

    • Fill out a brief online application
    • Covers personal identification, income, and bank details
    • Identity verification and initial assessment
    • Internal systems check information and determine eligibility
    • Loan match
    • Wizzay directs the application to one or more affiliated lenders
    • Offer review
    • Borrowers are presented with full disclosure of loan terms, charges, and due dates
    • Fund disbursement
    • Funds are sent by direct deposit on approval

    The platform suggests the typical time frame for deposit—usually in one business day—though actual timing can be subject to banking procedures and lender-specific protocols. No signature or physical documentation is needed.

     <<< Instant approval options made simple—check your eligibility >>>

    Wizzay Lends to Texans with All Credit Types – Including Bad Credit Loans

    Wizzay’s platform does not automatically rule out applicants with lower credit scores. Rather, it seeks to match borrowers with lenders reviewed on more comprehensive criteria such as:

    • Income and employment verification
    • Existing debt obligations
    • Bank account activity

    Although the process is not guaranteed loan approval, subprime or poor credit borrowers can also apply. Network lenders may provide bad credit loans—loans for people with lower scores—although terms can differ, and fees can be higher to account for greater risk.

    Wizzay’s consumer notices remind applicants to think about their repayment ability and, where relevant, to obtain credit counseling before applying for any loan.

    Understanding Loan Terms with Wizzay – Know Before You Sign

    Prior to agreeing to loan terms, Wizzay makes certain that the following information is clearly posted:

    • Loan amount
    • Repayment date(s)
    • Total fees and financing cost
    • APR or equivalent cost-of-credit number

    Loan applicants are provided the ability to compare and view loan deals prior to accepting one. Wizzay makes information on applicable documents, such as payment schedules, due dates, and customer service contact details for the lenders, easily accessible.

    Glad tidings in these regards should serve to minimize uncertainty and enable loan applicants to gauge if a loan is within their financial means.

    Wizzay Payday Loans – Fast Cash Solutions by the Next Business Day

    Wizzay’s platform is designed to facilitate short-term cash requirements by allowing:

    • Rapid electronic submission
    • Instant assessment
    • Rapid deposit turnaround times—usually next business day, depending on banking procedures

    This setup is designed to meet circumstances like unexpected car repairs, urgent medical expenses, or other urgent payments that demand quick funding. Wizzay aims to simplify the process without needing actual physical visits and an extensive amount of paperwork.

    <<< Emergency funds could be just a few steps away >>>

    Why Wizzay Is a Trusted Direct Lender in Texas

    Although Wizzay itself is not a lender, it works in association with licensed lenders in Texas. The use of the term “direct lender” in this case means the partner lenders who are responsible for underwriting, funding, and loan servicing.

    Since Wizzay is an intermediary:

    • It streamlines the loan process through a single online application
    • Presents verified borrower information to licensed Texas-regulated lenders
    • Guarantees offers come from lenders with proper authorization

    By directing borrower applications to lender partners in one place, Wizzay helps create a streamlined, open digital lending environment.

    Wizzay Supports Flexible Repayment – Even with a Debit Card or Checking Account

    Wizzay’s network of lenders typically accommodates repayment with standard financial instruments:

    • Checking account ACH transactions in sync with borrower payroll cycles
    • Debit card payment arrangements based on the ability of lenders
    • Repayment periods are organized depending on loan type:
    • Payday loans can be repaid in full on the lender’s following payday
    • Installment loans might permit payments weekly or monthly

    Borrowers are provided with documents detailing repayment amounts, dates, and methods with freedom to schedule payments as appropriate for their budget.

     <<< Submit your loan request safely and securely online >>>

    Who Wizzay Loans Are For – Loan Options for Every Texas Resident

    Wizzay’s service is accessible to adults living in Texas with active checking accounts and proven income. Amongst those who can be helped:

    • Employees requiring money before payday
    • People with unexpected expenses like doctor bills or car repairs
    • Those with consistent income but thin wallets
    • Non-prime credit candidates seeking short-term loans

    Through the ease of access to multiple financing products through one application, Wizzay provides transparency of loan choices instead of customizing one product for all consumers.

    Key Disclosures from Wizzay – What You Need to Know Before You Borrow

    Wizzay contains informative statements to help borrowers make better decisions:

    • Borrowers are urged to compare offers thoroughly and know cost structures
    • Applicants with continuing credit difficulties should think about credit counseling prior to engaging in any loan transaction
    • Wizzay does not prefer one lending program over another; presentations are unbiased and factual
    • Loan fees—fees and timing—are compliant with regulatory limits in Texas and are disclosed prior to acceptance

    These revelations indicate an attempt towards transparent lending and borrower awareness.

    Wizzay Expands Loan Services in Texas

    Wizzay now extends its service coverage to 254 Texas counties. Furthermore, the platform also connects users with a larger number of lender partners providing:

    • More loan amount options
    • Launch of longer-term installment plans
    • Specialized lending terms to meet different borrower profiles

    This business growth allows residents across Texas—urban, suburban, and rural—to obtain loan information online with uniform underwriting and approval criteria.

     <<< No credit check needed—discover your available options today >>>

    Wizzay Updates Its Loan Platform for Faster Instant Approval Loans in Texas

    Wizzay has made IT and operational improvements that help streamline borrower wait times. These are the following platform improvements:

    • Simplified data entry forms
    • Rationalized identity and bank verification routines
    • Accelerated loan matching through enhanced algorithms
    • Improved mobile responsiveness

    Based on internal reports, these adjustments have lowered median turnaround time from application to funding when lenders fund, though actual times may still vary with lender processing speed and banking partners.

    Wizzay Payday Loans Are Not Title Loans – Know the Difference

    Wizzay’s payday loan model differs from title loan features in a number of important aspects:

    • No vehicle title or other asset needed as collateral
    • Income and account verification-only unsecured loan contracts
    • Repayment in the form of bank withdrawal instead of lien enforcement

    Title loans involve risk of forfeiture of assets upon default, while Wizzay’s partner lenders utilize banking-based repayment systems and debt collection in compliance with Texas law.

    Wizzay Offers Installment Loans in Texas with Transparent Repayment Terms

    Installment loan offers through Wizzay’s network involve:

    • Explicitly structured payment schedules
    • Fixed payments per interval
    • Longer payback horizons for several weeks or months

    Loan agreements specify:

    • Due and issue dates
    • Amount to be repaid
    • Single disclosure of related finance charges

    This type of product provides a compromise option for customers who cannot make a lump sum payment and can possibly assist in synchronizing repayment more closely with income frequency.

     <<< Relief is closer than you think—explore your Wizzay options >>>

    Final Word: Wizzay Leads the Way in Ethical Payday Lending in Texas

    Wizzay’s Texas online lending market entrée stands out with its regulation-friendly strategy, safe digital protocols, and focus on borrower comprehension. Through eschewing feature-filled sales stories and concentrating on operational clarity, the site enacts:

    • Safe handling of data procedures
    • Competing loan programs (short-term and installment)
    • Plain and required disclosures of costs, terms, and repayment
    • Tools and resources meant to promote financial responsibility

    This press release provides true facts regarding Wizzay’s presence and services in Texas, its business model, and borrower alternatives, without promotional assertions or evaluative phrases.

    Media Details:
    https://www.wizzay.com
    support@Wizzay.com
    Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown,

    Attachment

    The MIL Network –

  • MIL-OSI: Texas Payday Loans with No Credit Check & Fast Approval – Wizzay Expands Access with New Launch

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, June 30, 2025 (GLOBE NEWSWIRE) — Wizzay—an online lending platform—has now started providing electronic payday loans as well as installment loan solutions to customers throughout Texas. The platform allows borrowers to electronically submit a secure loan application and, if qualified, be deposited funds directly into their accounts. The service is intended to offer temporary monetary relief without a visit to a storefront lender.

    By bringing together technology-powered processing and a network of regulated lending partners, Wizzay offers access to both short-term payday loans and longer-term installment loans. The site supports various loan sizes and term lengths. Wizzay conducts business under the guidelines provided by Texas financial regulation and the Office of Consumer Credit Commissioner.

    This release represents Wizzay’s entry into the Texas consumer loan market, with the goal to provide residents more convenience when it comes to obtaining short-term financial relief.

     <<< Designed for Texans with low or bad credit—start now >>>

    Wizzay Payday Loan in Texas – Fast, Simple, and Fully Online

    Wizzay’s Texas payday loan product is designed to make the experience of obtaining a loan online. The loan application takes a few minutes to fill out with a web browser or handheld device. The process saves the inconvenience of stopping by a physical office and cuts back on paperwork by bringing necessary documents onto a digital stage.

    The most important components of this efficient process are:

    • An encrypted online application that works on mobile and desktop platforms
    • Automated identity verification and data analysis
    • A user interface presenting loan conditions before borrower commitment

    These functionalities are designed to make the lending process easier and limit administrative hurdles. Wizzay does not necessitate customers to pay a visit to a physical branch, distinguishing it from conventional brick-and-mortar payday loan providers involving paperwork and person-to-person interactions.

    How Wizzay Offers a Legal and Secure Payday Loan Alternative in Texas

    Wizzay acts as a virtual intermediary, matching borrowers with licensed lending partners that operate within the structure of Texas payday lending laws. Rather than directly issuing loans, Wizzay grants access to lenders that possess the requisite licenses and conform to the law set forth by the Texas Office of Consumer Credit Commissioner.

    Regulatory protections include:

    • Licensing of lenders
    • Fee disclosure and repayment dates prior to loan agreement
    • Maximum cap on fees to avoid uncontrolled cost increase

    By forwarding applications solely to licensed lending partners, Wizzay guarantees adherence to the State of Texas regulations that control short-term loans. Wizzay also makes available documents explaining the terms of lending clearly and contains provisions for references to lender duties and borrower protections.

     <<< Apply in minutes and get closer to the cash you need >>>

    Wizzay Loans in Texas – Get the Money You Need Without the Hassle

    Wizzay’s loan products provide flexibility for a variety of consumer needs, ranging from small emergency cash to higher and more elastic borrowing. Loan values usually range from $100 to $5,000, subject to borrower qualification and lender policies.

    Key features are:

    • No need to go to a physical office
    • Electronic documentation verification and identity validation
    • Same-day or next-day direct deposit within standard processing times
    • Clear fee schedules presented before acceptance of the loan

    Although the process is made to be simple, Wizzay keeps a distinct line between itself and the true lending institutions. Loan offers, having been approved, are offered directly from participating lenders, and borrowers agree to terms before taking money.

    Wizzay and the Installment Loan Advantage for Texas Borrowers

    Installment loans are different from one-time payment payday loans in providing repayment in multiple periodic installments—usually monthly—until the loan amount and fees paid are completely discharged. Wizzay’s collaboration with licensed lenders makes such possibilities for Texas consumers.

    The benefits of installment loans are:

    • Ordered repayment schedules coinciding with earnings
    • Distribution of repayment that can be simpler to cope with than lump sum repayment
    • Potentially reduced total fees compared with one-time payday loans of equivalent amounts

    Borrowers who have limited savings or who require payment flexibility can prefer installment loan options. Wizzay’s function is to match applicants with lenders that provide installment loans in terms suitable to the financial position of the borrower.

     <<< Begin your request and see how fast Wizzay can help >>>

    Wizzay’s Privacy Promise: A Safe Online Loan with No Credit Check & Guaranteed Approval

    Wizzay protects borrower information with industry-standard 256-bit SSL encryption and secure data transfer protocols. Sensitive financial and personal information is encrypted in transit and at rest, with access controls preventing unauthorized access.

    Some elements of Wizzay’s privacy presentation:

    • Secure form submission performed over encrypted channels
    • Disclosure of data use restricted to underwriting and lender matching
    • Disclosure of sharing data only with approved partners

    In most instances, lenders on the Wizzay network conduct a soft credit check—one that won’t affect the applicant’s credit score—or emphasize capacity to repay more than credit history. Depending on lender practices, some customers apply for a payday loan in Texas with little consideration of credit history.

    Apply Online for a Wizzay Payday Loan in Minutes

    The process is streamlined for speed and convenience:

    • Fill out a brief online application
    • Covers personal identification, income, and bank details
    • Identity verification and initial assessment
    • Internal systems check information and determine eligibility
    • Loan match
    • Wizzay directs the application to one or more affiliated lenders
    • Offer review
    • Borrowers are presented with full disclosure of loan terms, charges, and due dates
    • Fund disbursement
    • Funds are sent by direct deposit on approval

    The platform suggests the typical time frame for deposit—usually in one business day—though actual timing can be subject to banking procedures and lender-specific protocols. No signature or physical documentation is needed.

     <<< Instant approval options made simple—check your eligibility >>>

    Wizzay Lends to Texans with All Credit Types – Including Bad Credit Loans

    Wizzay’s platform does not automatically rule out applicants with lower credit scores. Rather, it seeks to match borrowers with lenders reviewed on more comprehensive criteria such as:

    • Income and employment verification
    • Existing debt obligations
    • Bank account activity

    Although the process is not guaranteed loan approval, subprime or poor credit borrowers can also apply. Network lenders may provide bad credit loans—loans for people with lower scores—although terms can differ, and fees can be higher to account for greater risk.

    Wizzay’s consumer notices remind applicants to think about their repayment ability and, where relevant, to obtain credit counseling before applying for any loan.

    Understanding Loan Terms with Wizzay – Know Before You Sign

    Prior to agreeing to loan terms, Wizzay makes certain that the following information is clearly posted:

    • Loan amount
    • Repayment date(s)
    • Total fees and financing cost
    • APR or equivalent cost-of-credit number

    Loan applicants are provided the ability to compare and view loan deals prior to accepting one. Wizzay makes information on applicable documents, such as payment schedules, due dates, and customer service contact details for the lenders, easily accessible.

    Glad tidings in these regards should serve to minimize uncertainty and enable loan applicants to gauge if a loan is within their financial means.

    Wizzay Payday Loans – Fast Cash Solutions by the Next Business Day

    Wizzay’s platform is designed to facilitate short-term cash requirements by allowing:

    • Rapid electronic submission
    • Instant assessment
    • Rapid deposit turnaround times—usually next business day, depending on banking procedures

    This setup is designed to meet circumstances like unexpected car repairs, urgent medical expenses, or other urgent payments that demand quick funding. Wizzay aims to simplify the process without needing actual physical visits and an extensive amount of paperwork.

    <<< Emergency funds could be just a few steps away >>>

    Why Wizzay Is a Trusted Direct Lender in Texas

    Although Wizzay itself is not a lender, it works in association with licensed lenders in Texas. The use of the term “direct lender” in this case means the partner lenders who are responsible for underwriting, funding, and loan servicing.

    Since Wizzay is an intermediary:

    • It streamlines the loan process through a single online application
    • Presents verified borrower information to licensed Texas-regulated lenders
    • Guarantees offers come from lenders with proper authorization

    By directing borrower applications to lender partners in one place, Wizzay helps create a streamlined, open digital lending environment.

    Wizzay Supports Flexible Repayment – Even with a Debit Card or Checking Account

    Wizzay’s network of lenders typically accommodates repayment with standard financial instruments:

    • Checking account ACH transactions in sync with borrower payroll cycles
    • Debit card payment arrangements based on the ability of lenders
    • Repayment periods are organized depending on loan type:
    • Payday loans can be repaid in full on the lender’s following payday
    • Installment loans might permit payments weekly or monthly

    Borrowers are provided with documents detailing repayment amounts, dates, and methods with freedom to schedule payments as appropriate for their budget.

     <<< Submit your loan request safely and securely online >>>

    Who Wizzay Loans Are For – Loan Options for Every Texas Resident

    Wizzay’s service is accessible to adults living in Texas with active checking accounts and proven income. Amongst those who can be helped:

    • Employees requiring money before payday
    • People with unexpected expenses like doctor bills or car repairs
    • Those with consistent income but thin wallets
    • Non-prime credit candidates seeking short-term loans

    Through the ease of access to multiple financing products through one application, Wizzay provides transparency of loan choices instead of customizing one product for all consumers.

    Key Disclosures from Wizzay – What You Need to Know Before You Borrow

    Wizzay contains informative statements to help borrowers make better decisions:

    • Borrowers are urged to compare offers thoroughly and know cost structures
    • Applicants with continuing credit difficulties should think about credit counseling prior to engaging in any loan transaction
    • Wizzay does not prefer one lending program over another; presentations are unbiased and factual
    • Loan fees—fees and timing—are compliant with regulatory limits in Texas and are disclosed prior to acceptance

    These revelations indicate an attempt towards transparent lending and borrower awareness.

    Wizzay Expands Loan Services in Texas

    Wizzay now extends its service coverage to 254 Texas counties. Furthermore, the platform also connects users with a larger number of lender partners providing:

    • More loan amount options
    • Launch of longer-term installment plans
    • Specialized lending terms to meet different borrower profiles

    This business growth allows residents across Texas—urban, suburban, and rural—to obtain loan information online with uniform underwriting and approval criteria.

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    Wizzay Updates Its Loan Platform for Faster Instant Approval Loans in Texas

    Wizzay has made IT and operational improvements that help streamline borrower wait times. These are the following platform improvements:

    • Simplified data entry forms
    • Rationalized identity and bank verification routines
    • Accelerated loan matching through enhanced algorithms
    • Improved mobile responsiveness

    Based on internal reports, these adjustments have lowered median turnaround time from application to funding when lenders fund, though actual times may still vary with lender processing speed and banking partners.

    Wizzay Payday Loans Are Not Title Loans – Know the Difference

    Wizzay’s payday loan model differs from title loan features in a number of important aspects:

    • No vehicle title or other asset needed as collateral
    • Income and account verification-only unsecured loan contracts
    • Repayment in the form of bank withdrawal instead of lien enforcement

    Title loans involve risk of forfeiture of assets upon default, while Wizzay’s partner lenders utilize banking-based repayment systems and debt collection in compliance with Texas law.

    Wizzay Offers Installment Loans in Texas with Transparent Repayment Terms

    Installment loan offers through Wizzay’s network involve:

    • Explicitly structured payment schedules
    • Fixed payments per interval
    • Longer payback horizons for several weeks or months

    Loan agreements specify:

    • Due and issue dates
    • Amount to be repaid
    • Single disclosure of related finance charges

    This type of product provides a compromise option for customers who cannot make a lump sum payment and can possibly assist in synchronizing repayment more closely with income frequency.

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    Final Word: Wizzay Leads the Way in Ethical Payday Lending in Texas

    Wizzay’s Texas online lending market entrée stands out with its regulation-friendly strategy, safe digital protocols, and focus on borrower comprehension. Through eschewing feature-filled sales stories and concentrating on operational clarity, the site enacts:

    • Safe handling of data procedures
    • Competing loan programs (short-term and installment)
    • Plain and required disclosures of costs, terms, and repayment
    • Tools and resources meant to promote financial responsibility

    This press release provides true facts regarding Wizzay’s presence and services in Texas, its business model, and borrower alternatives, without promotional assertions or evaluative phrases.

    Media Details:
    https://www.wizzay.com
    support@Wizzay.com
    Customer Acquisition LLC, Springates Building, Lower Government Road, Charlestown,

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