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Category: KB

  • MIL-OSI: TruGolf Announces Reverse Stock Split

    Source: GlobeNewswire (MIL-OSI)

    Salt Lake City, Utah, June 18, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading provider of golf simulator software and hardware, today announced that it filed an amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a 1-for-50 reverse stock split of its Class A common stock. The reverse stock split will take effect at 12:01 am (Eastern Time) on June 23, 2025, and the Company’s Class A common stock will open for trading on The Nasdaq Capital Market on June 23, 2025 on a post-split basis, under the existing ticker symbol “TRUG” but with a new CUSIP number 243733409.

    As a result of the reverse stock split, every fifty shares of the Company’s Class A common stock issued and outstanding prior to the opening of trading on June 23, 2025 will be consolidated into one issued and outstanding share. Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company’s outstanding equity awards, as applicable, as well as to the number of shares issuable under the Company’s equity incentive plans. The Class A common stock issued pursuant to the reverse stock split will remain fully paid and non-assessable. The reverse stock split will not affect the number of authorized shares of Class A common stock or the par value of the Class A common stock. No fractional shares will be issued if, as a result of the reverse stock split, a stockholder would become entitled to a fractional share because the number of shares of Class A common stock they hold before the reverse stock split is not evenly divisible by the split ratio. Instead, the stockholder will be entitled to receive a cash payment in lieu of a fractional share.

    As a result of the reverse stock split, the number of shares of Class A common stock outstanding will be reduced from approximately 40.5 million shares to approximately 0.8 million shares, and the number of authorized shares of Class A common stock will remain at 650 million shares.

    About TruGolf, Inc.

    Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

    Forward-Looking Statements

    This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Forward-looking statements include, without limitation, the timing of the reverse stock split. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

    Contact: Michael Bacal
            mbacal@darrowir.com
            917-886-9071

    The MIL Network –

  • MIL-OSI: OTSAW Announces Public Filing of Registration Statement for Proposed Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 18, 2025 (GLOBE NEWSWIRE) — Otsaw Limited (“OTSAW” the “Company”, “we”, “our”) today announced the Company publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of its class A ordinary shares (the “Proposed Offering”). OTSAW has applied to list its class A ordinary shares on the Nasdaq Capital Market under the ticker symbol, “OTSA.” The Company has not yet disclosed the price range or the number of securities to be offered in the Proposed Offering at this time. The Proposed Offering is subject to market conditions, and there can be no assurance as to whether or when the Proposed Offering may be completed, or as to the actual size or other terms of the Proposed Offering.

    As of the date of this announcement, Aegis Capital Corp. is acting as the sole bookrunner for the Proposed Offering and CMD Global is acting as a financial advisor to the Company. The Proposed Offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this Proposed Offering, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus, when available, may be obtained from: Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010. The Registration Statement relating to the Proposed Offering has been filed with the SEC but has not yet become effective. The securities being offered by the Company in the Proposed Offering may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The Proposed Offering is subject to market and other conditions and the completion of the SEC’s review process.

    About OTSAW

    We are a Singapore-based company specializing in autonomous mobile robots (“AMRs”) and robotics solutions, with cutting-edge robotics software development and manufacturing capabilities. Founded in 2015, we are an innovator in advanced robotics autonomy technologies and next-generation artificial intelligence (“AI”). Our mission is to disrupt, revolutionize, and redefine the global facilities management industry with our AI-enabled AMRs and robotics solutions across security, disinfection, last-mile delivery, and healthcare facilities.

    Leveraging our core software technologies, robot and machine outdoor autonomy expertise, and AI-enabled AMRs, our products empower customers to enhance productivity, reduce reliance on human capital, and seamlessly integrate automation into their facilities management operations. By addressing labor shortages, rising wages, and labor cost challenges, we aim to empower the entire facilities management industry globally.

    Forward-Looking Statements

    The statements contained in this press release that are not historical facts, including statements relating to Otsaw Limited’s expectations regarding the commencement and completion of its proposed public offering and listing, are forward-looking statements. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” or similar expressions which concern our strategy, plans, or intentions. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. Our expectations and beliefs are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations and beliefs will result or be achieved, and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Any forward-looking statement in this press release speaks only as of the date of this release. Otsaw Limited undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

    Contact:
    Jules Abraham
    CORE IR
    +1 (212) 655-0924

    The MIL Network –

  • MIL-OSI: Hyperscale Data Subsidiary askROI Surpasses 160,000 App Downloads on Apple App Store and Google Play

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 18, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned indirect subsidiary askROI, Inc. (“askROI”), has surpassed 160,000 cumulative app downloads between the Apple App Store and Google Play. This marks a key milestone in askROI’s early growth and adoption.

    askROI recently announced the launch of its app in both the Apple App Store and Google Play, offering users access to advanced artificial intelligence (“AI”) tools for both personal and business applications. Despite minimal marketing efforts to date, askROI’s organic traction continues to grow as askROI seeks to fine-tune its AI platform.

    “askROI has done very little marketing so far as the team continues to test and refine its AI platform across multiple use cases,” stated Milton “Todd” Ault III, Founder and Executive Chairman of Hyperscale Data. “I am very proud of the progress made by the team and look forward to more growth as the askROI team launches new updates and new future products. Over the coming months, the askROI team plans to roll out a new version of its AI platform and significantly bolster its marketing efforts.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to complete the Divestiture of ACG on or about December 31, 2025. Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI: Pessimism About Future Household Finances Rises, Yet Majority of U.S. Consumers Remain Optimistic

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 18, 2025 (GLOBE NEWSWIRE) — As tariffs and the potential for rising cost of goods have dominated the news cycle since early April, a new TransUnion (NYSE: TRU) Q2 2025 Consumer Pulse study found that 27% of U.S. consumers are now pessimistic about their household finances over the next 12 months. This marks a six-percentage point rise from Q4 2024 (21%) and a four-percentage point increase from a year ago (23%). It’s the highest level since TransUnion first began tracking this data point in Q1 2021.

    Despite the rise in pessimism, 55% of consumers are optimistic about their household finances over the next 12 months – the same percentage as in Q2 2024. However, optimism has declined from 58% in Q4 2024. The youngest consumers surveyed – Gen Z and Millennials – remain most optimistic about future finances, at 67% and 64%, respectively. The findings are derived from a survey of 2,998 American adults between May 1-12, 2025.

    “Since early April, there has been a marked increase in the level of uncertainty about future costs primarily due to the ongoing discussions about tariffs,” said Charlie Wise, senior vice president and head of global research and consulting at TransUnion. “While we’ve seen a rise in pessimism about future finances, it can’t be overstated that the same percentage of Americans are as optimistic about their future finances today as they were at this same time last year. We posit this is happening because of the continued strong employment picture and sustained wage gains. If you have a job and feel like you’re likely to get some form of pay increase over the next year, then you also will likely be able to manage through most possible scenarios for increases in the costs of goods and services.”

    Comparing Optimism and Pessimism Levels in the Last Year by Generation; Tariff Impacts

    Generation/Insights
    Percent of consumers 
    optimistic about their
    household finances in the
    next 12 months
    Percent of consumers 
    pessimistic about their
    household finances in the
    next 12 months    		 Percent of consumers
    who say higher prices of
    products resulting from
    tariffs will impact them
    personally
    Timeframe Q2
    2024    		 Q4
    2024    		 Q2
    2025    		 Q2
    2024    		 Q4
    2024    		 Q2
    2025    		 Q2
    2025*
    Overall 55%   58%   55%   23%   21%   27%   67%  
    Gen Z 66%   64%   67%   14%   18%   17%   55%  
    Millennials 62%   66%   64%   21%   17%   21%   59%  
    Gen X 47%   53%   52%   28%   23%   29%   70%  
    Baby Boomers 49%   49%   43%   26%   24%   36%   77%  

    *Q2 2025 is the first time this question was included in the Consumer Pulse study.

    Impact of Tariff Concerns on Credit Market

    Nearly nine in 10 Americans (87%) reported some level of concern about the impact of current or possible tariffs on their household finances; 41% said they were very concerned. To that end, the Consumer Pulse study found that consumers now have an increasing interest in securing credit products.

    Of those consumers who were very concerned about tariffs, 37% planned to apply for new credit or refinance existing credit in the next year, a higher rate than all others (30%) who planned the same. Liquidity credit products which provide access to cash, including credit cards and personal loans, appeared to be a greater preference for those who are tariff concerned. Specifically, this group is interested in increasing available credit on existing credit cards, applying for a personal loan and using buy now, pay later payment services.

    “When there is uncertainty in the market, this often results in consumers seeking new credit to ensure they are prepared for any future financial hurdles. While it’s not clear just how much of an impact tariffs will have on consumer wallets, it is clear that those consumers who are most concerned about them are more likely to be preparing for the future through myriad credit options,” said Wise.

    Recession Fears Return, But are Consumers Simply in ‘Rinse and Repeat’ Mode?

    While inflation continues to be the top financial concern of Americans – 81% ranked it as a Top 3 concern in the next 12 months – there was a pronounced increase in fears of a recession. This metric jumped seven percentage points from Q2 2024 with 52% saying it was in their Top 3 financial concerns over the next 12 months — its highest level in two years. In Q4 2024, fears of a recession stood at 43%.

    While recession anxieties are growing, Americans were even more worried two years ago, when 53% of respondents rated it as one of their Top 3 concerns. At that time, 75% of Q2 2023 Consumer Pulse study respondents said they believed the country would be in a recession by the end of 2023. In comparison, 72% of this quarter’s respondents believe there will be a recession by the end of 2025. No recession ever occurred in 2023 or has over the ensuing two years, according to the U.S. Bureau of Economic Analysis.

    “Fears of a recession should never be discounted. However, history has a way of repeating itself. To this end, consumers are being pragmatic and considering the news of the day. As tariff discussions bring uncertainty, so do increased fears of economic setbacks. Yet, just like we saw in the second quarter of 2023, there are a lot of positives about the economy and the consumer credit market at-large. One thing is certain – we should expect to see more shifts in consumer sentiment in the coming months,” concluded Wise.

    For more information about the Consumer Pulse study, please click here.

    About TransUnion (NYSE: TRU)

    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

    http://www.transunion.com/business

    Contact Dave Blumberg

    Email david.blumberg@transunion.com 

    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI: NowVertical Group to Participate in Bristol Capital–Hosted Webinar to Showcase Business Overview

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) (“NowVertical” or the “Company”), a leading data and AI solutions provider, is pleased to announce its participation in an upcoming investor webinar hosted by Bristol Capital Ltd.

    Webinar: Overview of NowVertical’s Business Strategy

    • Date: 24th June 2025
    • Time: 2pm EST
    • Overview: The webinar will cover key areas of the Company’s business including strategic direction, latest business developments, and growth strategy for 2025 and beyond. Attendees will also have the opportunity to ask questions during a live Q&A session.
    • Hosted by: Bristol Capital Ltd., the Company’s investor relations partner.

    Featured Speakers:

    • Sandeep Mendiratta, Chief Executive Officer
    • Andre Garber, Chief Development Officer
    • Christine Nelson, Interim Chief Financial Officer

    How to Register:
    Investors, analysts, media, and other stakeholders are invited to register via the Bristol Capital webinar registration link: https://us02web.zoom.us/webinar/register/WN_venf4Gq_R5i_-KvsGNxKYQ

    A replay will be made available on NowVertical’s investor relations page following the live event.

    About NowVertical Group Inc.

    NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions.  

    For further details about NowVertical, please visit www.nowvertical.com. 

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

    For further information, please contact:

    Andre Garber, CDO  
     IR@nowvertical.com  

    Investor Relations: Bristol Capital Ltd. 

    Stefan Eftychiou 

     stefan@bristolir.com

     +1(905)326-1888 x60‍

    Forward-Looking Statements  

    This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together “forward-looking statements“), including, with respect to the availability of funds under the Facilities, the ability of NowVertical to utilize funds under the Facilities, the effect of the Facilities on NowVertical’s operations contemplated in this press release on NowVertical’s business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to service the Company’s debt; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.com, including the Company’s management’s discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network –

  • MIL-OSI: Heramba Electric Announces Board Resolutions and Management Changes Following Extraordinary Shareholder Meeting

    Source: GlobeNewswire (MIL-OSI)

    DÜSSELDORF, Germany and ATLANTA, June 18, 2025 (GLOBE NEWSWIRE) — Heramba Electric plc (OTC: PITEF) announced today the results of an extraordinary shareholder and board meeting held on June 3, 2025. More than 90.0%+ of shareholders voted on the following resolutions:

    1. To appoint Srinath Narayanan, Tim Dummer, Prakash Ramachandran, Andrea La Mendola, David Roberts, Cindy Huang, Michael Burton, and David Port as directors
    2. After careful consideration of the performance of Michele Molinari as CEO, RESOLVED to terminate Michele Molinari’s employment contract with immediate effect and place him on administrative suspension across all the subsidiaries and associated boards, in accordance with all applicable law for cause in respect of the following:

      i. Breach of fiduciary duty to credit and shareholders of the Company;

      ii. Failure to follow proper corporate governance in enacting actions without following proper communications to shareholders;

      iii. Failure to mitigate conflict of interest despite repeated requests from board members; and

      iv. Significant destruction of value to shareholders and credit holders from actions pursued without taking recourse to an independent counsel or independent restructuring officer.

    3. Appointment of Srinath Narayanan as acting CEO, David Port as Chief Restructuring Officer, Prakash Ramachandran as CFO, and Dave Roberts as Chief Legal Officer of the Company
    4. Appointment of ByrneWallace LLP, Toiefenbacher, and PotterAnderson as the counsel in Ireland, Germany, and Delaware, respectively.
    5. Srinath Narayanan, David Port, and Dave Roberts are the only representatives authorized to communicate and negotiate with insolvency administrators in Germany, that maximizes value for shareholders and creditors of the Company.

    Cautionary Statement Regarding Forward-Looking Statements 

    Certain statements included in this communication that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or events that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the plans and objectives of management for future operations, business strategy, anticipated growth and market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Heramba Electric management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Heramba Electric. These forward-looking statements are subject to a number of risks and uncertainties, including (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the ability to continue to meet stock exchange listing standards following the consummation of the Business Combination; (iii) failure to realize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (iv) changes in applicable law or regulations; (v) the outcome of any legal proceedings that may be instituted against Heramba Electric, PERAC or Heramba; (vi) the effects of competition on Heramba Electric’s future business; (vii) the ability of Heramba Electric to finance future operations; (viii) the enforceability of Heramba Electric’s intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; and (ix) those factors discussed under the heading “Risk Factors” in the definitive proxy statement/prospectus filed on March 19, 2024 by Heramba Electric and other documents filed, or to be filed, by Heramba Electric with the U.S. Securities and Exchange Commission. If any of these risks materialize or the assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Heramba Electric does not presently know or that Heramba Electric currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

    In addition, forward-looking statements reflect Heramba Electric’s plans or forecasts of future events and views as of the date of this communication. Heramba Electric anticipates that subsequent events and developments may cause Heramba Electric’s assessments to change. However, while Heramba Electric may elect to update these forward-looking statements at some point in the future, Heramba Electric specifically disclaims any obligation to do so. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Accordingly, undue reliance should not be placed upon the forward-looking statements.

    For further information and inquiries, please contact:

    Atlanta Capital Partners, LLC
    David L. Kugelman
    (866) 692-6847 Toll Free – U.S. & Canada
    (404) 281-8556 Mobile and WhatsApp
    dk@atlcp.com

    The MIL Network –

  • MIL-OSI: Inuvo to Participate in the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2025 on June 24–25, 2025

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., June 18, 2025 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of artificial intelligence AdTech solutions, announced today that it will be participating in the iAccess Alpha Virtual Best Ideas Summer Investment Conference being held June 24-25, 2025.

    Richard Howe, Chief Executive Officer of Inuvo, is scheduled to present on Tuesday, June 24th at 9:00 a.m. Eastern Time, followed by one-on-one meetings with investors on June 25th.

    To view the live stream, please visit https://www.webcaster4.com/Webcast/Page/3118/52632

    iAccess Alpha hosts virtual investor conferences featuring companies recommended by investors. These two-day events include webcast presentations on Day 1, followed by one-on-one meetings between company management teams and pre-qualified investors on Day 2. For more information about the iAccess Alpha Virtual Best Ideas Summer Investment Conference 2025, or to register and schedule a one-on-one meeting with Inuvo, visit https://www.iaccessalpha.com.

    About Inuvo

    Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit www.inuvo.com.

    Inuvo Company Contact:
    Wally Ruiz
    Chief Financial Officer
    Tel (501) 205-8397
    wallace.ruiz@inuvo.com

    The MIL Network –

  • MIL-OSI: WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY (a public company incorporated with limited liability in Ireland)

    Source: GlobeNewswire (MIL-OSI)

    18 June 2025

    LEI: 2138003QW2ZAYZODBU23

    LSE Code: 3BRS

    WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY
    (a public company incorporated with limited liability in Ireland) WISDOMTREE Brent Crude Oil 3X Daily Short SECURITIES ISIN: IE00BLRPRK35

    PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES MEETING OF THE ETP SECURITYHOLDERS

    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in

    any doubt about what action you should take, you are recommended to consult your independent financial adviser.

    NOTICE is hereby given that, pursuant to the provisions of the trust deed dated 30 November 2012 (as amended) constituting (inter alia) the WisdomTree Brent Crude Oil 3X Daily Short Securities (the “Affected Securities”) and made between (1) WisdomTree Multi Asset Issuer Public Limited Company (the “Issuer”), (2) The Law Debenture Trust Corporation p.l.c. (the “Trustee”) and (3) WisdomTree Multi Asset Management Limited (the “Manager”), a meeting of the holders of the Affected Securities (the “Affected Securities Holders”), convened by the Issuer, will be held at the offices of Apex IFS Limited in 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, D01P767, Ireland on Friday 11 July 2025 at 11 a.m. local time (the “Meeting”).

    The Meeting is being held to consider certain amendments, made under the powers set out in clause 2 of schedule 7 of the master trust deed of the Affected Securities, to documentation required to effect a reduction in the principal amount of the Affected Securities from USD
    0.114 to USD 0.0114. This follows the price of the Affected Securities falling below 500 per cent of its current principal amount on Friday 13 June 2025 (the “Threshold Event Date”).

    In a scenario where the vote does not pass, if the price then falls below 200% of the principal amount on or after 60 days from the Threshold Event Date, then a compulsory redemption event will be triggered and the Issuer will be required to compulsorily redeem all Affected Securities Holders.

    In order to maintain the normal trading and operations of the Affected Securities and to avoid a compulsory redemption event being triggered, the Issuer considers that the principal amount of the Affected Securities should be reduced.

    The reduction in the principal amount will not affect the price of the Affected Securities as the price is calculated by reference to the underlying index and not to the principal amount of the Affected Securities.

    It is important to note that:

    • The reduction of the principal amount of the Affected Securities does NOT dilute an Affected Securities Holder’s holding or reduce the value of an Affected Securities Holder’s holding.
    • The reduction of the principal amount does NOT negatively impact the ability of the investor to trade the Affected Securities.
    • The reduction of the principal amount does NOT affect the amount an Affected Securities Holder would, in practice, receive on redemption of the Affected Securities.

    Affected Securities Holders may also access the notification, including the circular, on the website of the Issuer, at
    https://www.wisdomtree.eu/en-gb/resource-library/prospectus-and-regulatory-reports#tab- 2A942D42-5AA1-4008-9080-3C2DADB050A7

    Holders of the Affected Securities are advised to check with any bank, securities broker or other intermediary through which they hold their Affected Securities when such intermediary would need to receive instructions from a holder of Affected Securities in order for such holder of Affected Securities to participate in the Meeting by the deadlines specified in this circular. The deadlines set by any such intermediary and each ICSD for the submission instructions will be earlier than the relevant deadlines specified in this circular.

    In relation to the delivery instructions or obtaining voting certificates or otherwise making arrangements for the giving of voting instructions, in each case through the ICSDs, holders of the Affected Securities should note the particular practice and policy of the relevant ICSDs, including any earlier deadlines set by such ICSD. The deadlines set by any intermediary or by the ICSDs will be earlier than the deadlines set out in this circular.

    Affected Securities Holders will be notified of the outcome of the Meeting shortly thereafter.

    The MIL Network –

  • MIL-OSI: WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY (a public company incorporated with limited liability in Ireland)

    Source: GlobeNewswire (MIL-OSI)

    18 June 2025

    LEI: 2138003QW2ZAYZODBU23

    LSE Code: 3BRS

    WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY
    (a public company incorporated with limited liability in Ireland) WISDOMTREE Brent Crude Oil 3X Daily Short SECURITIES ISIN: IE00BLRPRK35

    PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES MEETING OF THE ETP SECURITYHOLDERS

    THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in

    any doubt about what action you should take, you are recommended to consult your independent financial adviser.

    NOTICE is hereby given that, pursuant to the provisions of the trust deed dated 30 November 2012 (as amended) constituting (inter alia) the WisdomTree Brent Crude Oil 3X Daily Short Securities (the “Affected Securities”) and made between (1) WisdomTree Multi Asset Issuer Public Limited Company (the “Issuer”), (2) The Law Debenture Trust Corporation p.l.c. (the “Trustee”) and (3) WisdomTree Multi Asset Management Limited (the “Manager”), a meeting of the holders of the Affected Securities (the “Affected Securities Holders”), convened by the Issuer, will be held at the offices of Apex IFS Limited in 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, D01P767, Ireland on Friday 11 July 2025 at 11 a.m. local time (the “Meeting”).

    The Meeting is being held to consider certain amendments, made under the powers set out in clause 2 of schedule 7 of the master trust deed of the Affected Securities, to documentation required to effect a reduction in the principal amount of the Affected Securities from USD
    0.114 to USD 0.0114. This follows the price of the Affected Securities falling below 500 per cent of its current principal amount on Friday 13 June 2025 (the “Threshold Event Date”).

    In a scenario where the vote does not pass, if the price then falls below 200% of the principal amount on or after 60 days from the Threshold Event Date, then a compulsory redemption event will be triggered and the Issuer will be required to compulsorily redeem all Affected Securities Holders.

    In order to maintain the normal trading and operations of the Affected Securities and to avoid a compulsory redemption event being triggered, the Issuer considers that the principal amount of the Affected Securities should be reduced.

    The reduction in the principal amount will not affect the price of the Affected Securities as the price is calculated by reference to the underlying index and not to the principal amount of the Affected Securities.

    It is important to note that:

    • The reduction of the principal amount of the Affected Securities does NOT dilute an Affected Securities Holder’s holding or reduce the value of an Affected Securities Holder’s holding.
    • The reduction of the principal amount does NOT negatively impact the ability of the investor to trade the Affected Securities.
    • The reduction of the principal amount does NOT affect the amount an Affected Securities Holder would, in practice, receive on redemption of the Affected Securities.

    Affected Securities Holders may also access the notification, including the circular, on the website of the Issuer, at
    https://www.wisdomtree.eu/en-gb/resource-library/prospectus-and-regulatory-reports#tab- 2A942D42-5AA1-4008-9080-3C2DADB050A7

    Holders of the Affected Securities are advised to check with any bank, securities broker or other intermediary through which they hold their Affected Securities when such intermediary would need to receive instructions from a holder of Affected Securities in order for such holder of Affected Securities to participate in the Meeting by the deadlines specified in this circular. The deadlines set by any such intermediary and each ICSD for the submission instructions will be earlier than the relevant deadlines specified in this circular.

    In relation to the delivery instructions or obtaining voting certificates or otherwise making arrangements for the giving of voting instructions, in each case through the ICSDs, holders of the Affected Securities should note the particular practice and policy of the relevant ICSDs, including any earlier deadlines set by such ICSD. The deadlines set by any intermediary or by the ICSDs will be earlier than the deadlines set out in this circular.

    Affected Securities Holders will be notified of the outcome of the Meeting shortly thereafter.

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Presale Gains Strong Momentum Ahead of Upcoming Exchange Launch

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 18, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S) is rapidly becoming one of the most talked-about names in crypto as its presale crosses a major milestone — over 11,500 investors and $5 million raised. With just under 7 weeks left before the token hits major exchanges, investor confidence is surging in this next-gen blockchain project designed for scalability, accessibility, and real-world use.

    Introducing Bitcoin Solaris: Speed, Scalability, and Smart Design

    Bitcoin Solaris operates on a hybrid dual-layer model, combining Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) to deliver exceptional speed and network integrity. Its features include

    • Up to 100,000 TPS with just a 2-second finality
    • SHA-256 compatibility for existing Bitcoin hardware
    • Dynamic validator rotation with slashing to keep the network clean
    • Cross-layer integrity anchored by PoW-based synchronization
    • Zero-Knowledge Proofs and Byzantine Fault Tolerance for maximum security

    And it’s not just whitepaper promises. The system is fully audited by Cyberscope and Freshcoins, reinforcing what early users are already saying: this blockchain was built to last.

    The New Mining Standard Is Mobile and It’s Real

    With mobile mining via BTC-S, users get:

    • One-click setup
    • Intelligent device adaptation
    • Energy-efficient algorithms
    • Integrated secure wallet and dashboard

    It’s no surprise that a detailed review by Crypto Legends highlighted Bitcoin Solaris as “the most exciting crypto play of the year,” noting its universal access and high-performance design.

    Real Rewards, Real Wealth Creation

    Bitcoin Solaris pays out through direct contribution-based rewards. Here’s how the network distributes earnings:

    • 40% to Base Layer miners
    • 25% to Solaris Layer validators
    • 20% to long-term BTC-S holders
    • 10% to development
    • 5% to community initiatives

    Reward values are optimized by:

    • Device contribution score
    • Network demand at the time of processing
    • Time-weighted participation
    • Complexity of validated tasks

    This isn’t just another inflationary token economy. It’s a calibrated wealth machine, delivering value where it’s earned.

    A Presale Surge No One Can Ignore

    With 11,500+ participants and counting, the Bitcoin Solaris presale has shattered expectations.

    • Current Price: $8
    • Next Price: $9
    • Launch Price: $20
    • Bonus: 8%
    • Total Raised: $5M+

    And there’s less than 7 weeks left to get in before it hits exchanges. If you missed Ethereum at $10 or Bitcoin before $1, Bitcoin Solaris might just be your redemption arc.

    Final Verdict

    Bitcoin Solaris is charging ahead with the kind of momentum altcoins dream of. Massive throughput. Mobile-first mining. Fair rewards. And a community growing by the thousands.

    11,500+ investors have already made their move. What are you waiting for ?

    This is more than a presale — it’s a movement. With infrastructure built for speed, rewards based on contribution, and a global user base already forming, Bitcoin Solaris is positioned for a powerful launch.

    To participate or learn more:

    Website: bitcoinsolaris.com
     Telegram: t.me/Bitcoinsolaris
     X (Twitter): x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/3202148c-2e99-4fe7-979e-1a66badf3484
    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ff6ba2e-8f88-42fe-97dd-163aa43da425
    https://www.globenewswire.com/NewsRoom/AttachmentNg/99b9702a-0b3d-4cf8-85cf-ed876e408c4f
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d0f913ea-d616-4c41-8f29-ed15f506706c

    The MIL Network –

  • MIL-OSI: Bitcoin Solaris Presale Gains Strong Momentum Ahead of Upcoming Exchange Launch

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 18, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S) is rapidly becoming one of the most talked-about names in crypto as its presale crosses a major milestone — over 11,500 investors and $5 million raised. With just under 7 weeks left before the token hits major exchanges, investor confidence is surging in this next-gen blockchain project designed for scalability, accessibility, and real-world use.

    Introducing Bitcoin Solaris: Speed, Scalability, and Smart Design

    Bitcoin Solaris operates on a hybrid dual-layer model, combining Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) to deliver exceptional speed and network integrity. Its features include

    • Up to 100,000 TPS with just a 2-second finality
    • SHA-256 compatibility for existing Bitcoin hardware
    • Dynamic validator rotation with slashing to keep the network clean
    • Cross-layer integrity anchored by PoW-based synchronization
    • Zero-Knowledge Proofs and Byzantine Fault Tolerance for maximum security

    And it’s not just whitepaper promises. The system is fully audited by Cyberscope and Freshcoins, reinforcing what early users are already saying: this blockchain was built to last.

    The New Mining Standard Is Mobile and It’s Real

    With mobile mining via BTC-S, users get:

    • One-click setup
    • Intelligent device adaptation
    • Energy-efficient algorithms
    • Integrated secure wallet and dashboard

    It’s no surprise that a detailed review by Crypto Legends highlighted Bitcoin Solaris as “the most exciting crypto play of the year,” noting its universal access and high-performance design.

    Real Rewards, Real Wealth Creation

    Bitcoin Solaris pays out through direct contribution-based rewards. Here’s how the network distributes earnings:

    • 40% to Base Layer miners
    • 25% to Solaris Layer validators
    • 20% to long-term BTC-S holders
    • 10% to development
    • 5% to community initiatives

    Reward values are optimized by:

    • Device contribution score
    • Network demand at the time of processing
    • Time-weighted participation
    • Complexity of validated tasks

    This isn’t just another inflationary token economy. It’s a calibrated wealth machine, delivering value where it’s earned.

    A Presale Surge No One Can Ignore

    With 11,500+ participants and counting, the Bitcoin Solaris presale has shattered expectations.

    • Current Price: $8
    • Next Price: $9
    • Launch Price: $20
    • Bonus: 8%
    • Total Raised: $5M+

    And there’s less than 7 weeks left to get in before it hits exchanges. If you missed Ethereum at $10 or Bitcoin before $1, Bitcoin Solaris might just be your redemption arc.

    Final Verdict

    Bitcoin Solaris is charging ahead with the kind of momentum altcoins dream of. Massive throughput. Mobile-first mining. Fair rewards. And a community growing by the thousands.

    11,500+ investors have already made their move. What are you waiting for ?

    This is more than a presale — it’s a movement. With infrastructure built for speed, rewards based on contribution, and a global user base already forming, Bitcoin Solaris is positioned for a powerful launch.

    To participate or learn more:

    Website: bitcoinsolaris.com
     Telegram: t.me/Bitcoinsolaris
     X (Twitter): x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This is a paid post and is provided by Bitcoin Solaris. 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.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/3202148c-2e99-4fe7-979e-1a66badf3484
    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ff6ba2e-8f88-42fe-97dd-163aa43da425
    https://www.globenewswire.com/NewsRoom/AttachmentNg/99b9702a-0b3d-4cf8-85cf-ed876e408c4f
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d0f913ea-d616-4c41-8f29-ed15f506706c

    The MIL Network –

  • MIL-OSI: Progressive Reports May 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    MAYFIELD VILLAGE, OHIO, June 18, 2025 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2025:

      May
    (millions, except per share amounts and ratios; unaudited)   2025     2024   Change
    Net premiums written $ 6,634   $ 5,975   11   %
    Net premiums earned $ 6,715   $ 5,857   15   %
    Net income $ 1,065   $ 235   353   %
    Per share available to common shareholders $ 1.81   $ 0.40   352   %
    Total pretax net realized gains (losses) on securities $ 211   $ 118   79   %
    Combined ratio   86.9     100.4   (13.5 ) pts.
    Average diluted equivalent common shares   587.7     587.4   0   %
      May 31,
    (thousands; unaudited) 2025   2024   % Change
    Policies in Force          
    Personal Lines          
    Agency – auto 10,341   8,869   17
    Direct – auto 15,089   12,383   22
    Special lines 6,787   6,248   9
    Property 3,601   3,305   9
    Total Personal Lines 35,818   30,805   16
    Commercial Lines 1,184   1,114   6
    Companywide 37,002   31,919   16
               

    See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” for additional information.

    About Progressive

    Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

    Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. 

    Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

    The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

    Company Contact:
    Douglas S. Constantine
    (440) 395-3707
    investor_relations@progressive.com

    The Progressive Corporation
    300 North Commons Blvd.
    Mayfield Village, Ohio 44143
    http://www.progressive.com

    Download PDF: Progressive May 2025 Complete Earnings Release

    The MIL Network –

  • MIL-OSI: Wedbush Securities Expands Trading Leadership with the Hiring of Michael Bower and George Nikitiadis as Managing Directors

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — Wedbush Securities, a prominent financial services firm, proudly announces that Michael Bower and George Nikitiadis have joined Wedbush as Managing Directors. This strategic expansion of the firm’s trading leadership underscores Wedbush’s ongoing commitment to growth, innovation and delivering world-class expertise to its institutional client base.

    Bower, a highly respected healthcare equity trader with nearly 20 years of front-line trading experience, joins from Wells Fargo Securities, where he most recently served as Head of US Healthcare Trading. Known for his exceptional client engagement, strategic risk management, and cross-desk collaboration, Bower has also held senior roles at RBC Capital Markets, BTIG and Banc of America Securities.

    “Wedbush’s long-standing reputation as a leader in healthcare makes this an exciting opportunity,” Bower said. “I look forward to working with the team, helping to expand the firm’s healthcare trading operations.”

    Nikitiadis brings over two decades of deep expertise in global program trading, market structure and equity strategy. As former Head of U.S. & International Program Trading at CIBC World Markets, he successfully launched groundbreaking platforms including CIBC’s first Guaranteed VWAP and ETF create/redeem strategies. With leadership experience at Mizuho Securities, Chardan Capital, and Lehman Brothers, Nikitiadis has built trading desks from the ground up, driven exponential revenue growth and expanded global market reach.

    “Joining Wedbush was the right move at the right time—a unique opportunity to combine the strength of an established platform with the flexibility to innovate and unlock new potential in program trading,” added Nikitiadis.

    “These appointments reflect Wedbush’s continued investment in top-tier talent to strengthen our institutional trading business,” said Burke Dempsey, EVP, Head of Investment Banking & Capital Markets. “Bringing on Michael and George reinforces our strategic commitment to growth, diversification, and delivering differentiated value to our clients in today’s evolving markets.”

    With these hires, Wedbush continues to scale its capabilities, deepen its sector coverage, and provide best-in-class service across trading platforms — a key part of its broader vision for accelerated growth and leadership in the financial services industry.

    About Wedbush Securities
    Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both private and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC 

    Media Inquiries:
    Serina Molano
    publicrelations@wedbush.com
    213-688-4564

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8c99aee-b525-40d1-bf04-167247fd6c17

    The MIL Network –

  • MIL-OSI: Aterian Expands Omnichannel Reach with Product Launches on Temu

    Source: GlobeNewswire (MIL-OSI)

    SUMMIT, N.J., June 18, 2025 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER), a consumer products company, today announced the launch of select products from its flagship brands—including Squatty Potty, hOmeLabs, Healing Solutions, Mueller Living, and PurSteam—on Temu, a global e-commerce marketplace with a fast-growing U.S. customer base. Each of these products became available on Temu during the second quarter of 2025.

    Aterian is leveraging Temu’s platform to connect with a new wave of online shoppers. Temu links consumers with millions of global sellers and manufacturers, offering a wide range of quality merchandise at competitive prices through a discovery-driven shopping experience at temu.com.

    By introducing select products from its portfolio on Temu, Aterian continues to diversify its distribution channels and accelerate access to new customer segments. This launch enhances brand visibility while reinforcing Aterian’s commitment to meeting consumers where they shop— traditional retail, through direct-to-consumer storefronts, established e-commerce sites, or on the next wave of high-growth digital marketplaces.

    “Our goal is to build strong, household brands that meet customers wherever they shop. Launching on Temu is a strategic move that broadens our reach and, over time, will accelerate our omnichannel growth,” said Arturo Rodriguez, Chief Executive Officer of Aterian. “Temu provides a valuable new channel to showcase our products and connect with millions of potential customers. While it’s still early, we’re optimistic about the opportunity to grow our presence on the platform in the years ahead.”

    The Temu launch adds to Aterian’s growing presence across e-commerce and retail, reinforcing its commitment to accessibility, value, and omnichannel growth.

    About Aterian, Inc.
    Aterian, Inc. (Nasdaq: ATER) a consumer products company that builds and acquires leading e-commerce brands across multiple categories, including home and kitchen appliances, health and wellness, and air quality devices. The Company sells across the world’s largest online marketplaces, including Amazon, Walmart, and Target as well as its own direct-to-consumer websites. Aterian’s brands include Mueller Living, PurSteam, hOmeLabs, Squatty Potty, Healing Solutions, and Photo Paper Direct. To learn more, visit www.aterian.io.

    Forward Looking Statements
    All statements other than statements of historical facts included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements including, in particular, our ability to expand our omni-channel presence and access new customers. These forward-looking statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties and other factors, all of which are difficult to predict and many of which are beyond our control and could cause actual results to differ materially and adversely from those described in the forward-looking statements. These risks include, but are not limited to, those related to our ability to continue as a going concern, the effect of tariffs and other costs on our results, our ability to continue to operate following our reduction in workforce, our ability to meet financial covenants with our lenders, our ability to maintain and to grow market share in existing and new product categories; our ability to continue to profitably sell the SKUs we operate; our ability to maintain Amazon’s Prime badge on our seller accounts or reinstate the Prime badge in the event of any removal of such badge by Amazon; our ability to create operating leverage and efficiency when integrating companies that we acquire, including through the use of our team’s expertise, the economies of scale of our supply chain and automation driven by our platform; those related to our ability to grow internationally and through the launch of products under our brands and the acquisition of additional brands; those related to consumer demand, our cash flows, financial condition, forecasting and revenue growth rate; our supply chain including sourcing, manufacturing, warehousing and fulfillment; our ability to manage expenses, working capital and capital expenditures efficiently; our business model and our technology platform; our ability to disrupt the consumer products industry; our ability to generate profitability and stockholder value; international tariffs and trade measures; inventory management, product liability claims, recalls or other safety and regulatory concerns; reliance on third party online marketplaces; seasonal and quarterly variations in our revenue; acquisitions of other companies and technologies and our ability to integrate such companies and technologies with our business; our ability to continue to access debt and equity capital (including on terms advantageous to the Company) and the extent of our leverage; and other factors discussed in the “Risk Factors” section of our most recent periodic reports filed with the Securities and Exchange Commission (“SEC”), all of which you may obtain for free on the SEC’s website at www.sec.gov.

    Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

    Investor Contact:

    The Equity Group
    Devin Sullivan, Managing Director
    dsullivan@theequitygroup.com

    Conor Rodriguez, Associate
    crodriguez@theequitygroup.com

    The MIL Network –

  • MIL-OSI: EZCORP Acquires 40 Traditional Pawn and Auto Pawn Stores in Mexico

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 18, 2025 (GLOBE NEWSWIRE) — EZCORP, Inc. (NASDAQ:EZPW), a leading provider of pawn loans in the United States and Latin America, announced today that it has acquired 40 pawn stores across 13 states in Mexico. The stores, operating under the names “Monte Providencia” and “Tu Empeño Efectivo” offer traditional pawn loans, as well as auto pawn transactions, some of which are in stand-alone auto pawn stores. With this acquisition, the Company also takes over the management of 7 additional Monte Providencia stores, which it plans to acquire in the coming months.

    Lachie Given, Chief Executive Officer, stated: “The Monte Providencia acquisition realizes our strategic objective of geographic expansion, increasing our footprint by 40 stores in Mexico. Mexico continues to be one of our most attractive markets with strong financial performance and robust growth potential. We are excited that these stores also bring diversification of our pawn portfolio with the expansion into auto pawn, a growing segment of the pawn industry in Mexico, that enables higher dollar auto loan transactions and engages a new customer base.”

    EZCORP now operates a total of 1,332 pawn stores, 787 of which are in Latin America, including 602 in Mexico.

    ABOUT EZCORP

    Formed in 1989, EZCORP has grown into a leading provider of pawn transactions in the United States and Latin America. We also sell pre-owned and recycled merchandise, primarily collateral forfeited from pawn lending operations and merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the S&P 1000 Index and Nasdaq Composite Index.

    FORWARD LOOKING STATEMENTS

    This announcement contains certain forward-looking statements regarding the Company’s strategy, initiatives, and expected performance. These statements are based on the Company’s current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, including all statements regarding the Company’s strategy, initiatives and future performance, that address activities or results that the Company plans, expects, believes, projects, estimates or anticipates, will, should or may occur in the future, including future financial or operating results, are forward-looking statements. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of uncertainties and other factors, including operating risks, liquidity risks, legislative or regulatory developments, market factors, current or future litigation and risks associated with pandemics. For a discussion of these and other factors affecting the Company’s business and prospects, see the Company’s annual, quarterly and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

    Follow us on social media:
    Facebook EZPAWN Official https://www.facebook.com/EZPAWN/
    EZCORP Instagram Official https://www.instagram.com/ezcorp_official/
    EZPAWN Instagram Official https://www.instagram.com/ezpawnofficial/
    EZCORP LinkedIn https://www.linkedin.com/company/ezcorp/

    Investor Relations Contact:
    Sean Mansouri, CFA
    Elevate IR
    EZPW@elevate-ir.com
    (720) 330-2829

    The MIL Network –

  • MIL-OSI: Helport AI Appoints Former Google and ServiceNow Executive Vanessa Chan as Chief Commercial Officer

    Source: GlobeNewswire (MIL-OSI)

    Experienced Executive to Lead Commercial Expansion, Strategic Partnerships, and Revenue Acceleration Initiatives in North America

    SINGAPORE and SAN DIEGO, June 18, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software and services, today announced the appointment of Hiu-Yu “Vanessa” Chan as Chief Commercial Officer (“CCO”), effective June 16, 2025.

    Ms. Chan joins Helport AI at a pivotal moment of global growth. She brings over 23 years of enterprise leadership experience across AI, SaaS, and strategic expansion, having held senior roles at Google Cloud, SAP, ServiceNow, and McKinsey. As CCO, she will lead commercial expansion, strategic partnerships, and revenue acceleration initiatives across the United States and North America. Ms. Chan is also expected to play a key role in shaping go-to-market strategy and customer success at scale. Ms. Chan holds an MBA from the University of Chicago Booth School of Business and a Bachelor of Science in Chemical Engineering from the University of Pennsylvania. She will be based out of Helport AI’s San Diego headquarters. Most recently, Ms. Chan served as Head of Corporate Strategy for North Asia at ServiceNow, where she oversaw strategic growth across its Public Sector and Financial Services space and spearheaded an investment initiative for Singapore’s regulated cloud market. Previously, at Google Cloud, she led go-to-market operations for Greater China and Korea. Ms. Chan also held executive roles at SAP, managing strategic accounts and alliances while delivering revenue growth through strategic partnerships in the China market.

    “We’re thrilled to welcome Vanessa to Helport AI,” said Guanghai Li, CEO of Helport AI. “Her track record speaks for itself—Vanessa combines strategic clarity with operational excellence and a deep understanding of global enterprise markets. I am personally excited to partner with her as we embark on our next stage of commercial growth.”

    Ms. Chan added, “I am excited to join Helport AI at a time of global expansion and product momentum. I expect that the Company’s AI-driven software platform will transform how enterprises engage with their customers by addressing complex communication challenges, and I look forward to delivering value to those using our technology to transform their customer engagement model.”

    With Ms. Chan’s appointment, Helport AI has strengthened its executive bench to support its continued international expansion, enterprise customer growth, and strategic capital partnerships.

    About Helport AI

    Helport AI (NASDAQ: HPAI) is a global technology company serving enterprise clients with intelligent customer communication software and services. Its flagship product, AI Assist, acts as a real-time co-pilot for customer contact teams, delivering smart guidance and tools designed to drive sales, improve customer engagement, and lower costs. The Company’s mission is to empower everyone to work as an expert—using AI to elevate, not replace, human capability. Learn more at https://www.helport.ai/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking, including, but not limited to, Helport AI’s business strategies, expansion plans, and anticipated results. These statements involve risks and uncertainties based on current expectations and projections. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions, although not all forward-looking statements contain these identifying words. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

    Media Contact
    Helport AI Investor Relations
    Email: ir@helport.ai
    Website: https://ir.helport.ai/

    External Investor Relations Contact
    Chris Tyson
    Executive Vice President, MZ North America
    Direct: +1 949-491-8235
    Email: HPAI@mzgroup.us
    Website: www.mzgroup.us

    The MIL Network –

  • MIL-OSI: Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy

    Source: GlobeNewswire (MIL-OSI)

    • ACQUISITION INCREASES ORMAT’S ELECTRICTY SEGMENT GENERATING PORTFOLIO TO 1,268MW
    • POTENTIAL TO UNLOCK ADDITIONAL VALUE THROUGH EXPECTED PPA RENEWAL AND ASSET UPGRADES

    RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.

    The Blue Mountain geothermal power plant is located in Nevada and was originally built with Ormat technology. The 20mw geothermal plant currently delivers power under a PPA with NV Energy (“NVE”), which is set to expire at the end of 2029. As part of the Company’s generation capacity growth strategy, Ormat plans to upgrade the power plant and increase its capacity by approximately 3.5MW. Ormat’s strategic expansion plans also include the proposed addition of a 13MW solar facility to support the power plant’s auxiliaries, pending permit and PPA approval. The overall transaction was funded through bank debt.

    Doron Blachar, Chief Executive Officer of Ormat Technologies, said, “The acquisition of the Blue Mountain geothermal power plant enhances our portfolio and reinforces our commitment to sustainable base-load energy solutions. This acquisition not only immediately increases our generating capacity but also provides the potential for a significant upside in revenue generation through our planned upgrades and the potential addition of a solar facility. We are excited about the opportunities this acquisition brings, and we look forward to continuing our partnership with NV Energy as we deliver reliable and clean energy to the people of Nevada.”

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,558MW with a 1,268MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    ORMAT’S SAFE HARBOR STATEMENT

    Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such matters as our projections of annual revenues, expenses and debt service coverage with respect to our debt securities, future capital expenditures, business strategy, competitive strengths, goals, development or operation of generation assets, market and industry developments and the growth of our business and operations, are forward-looking statements. When used in this press release, the words “may”, “will”, “could”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “projects”, “potential”, or “contemplate” or the negative of these terms or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain such words or expressions. These forward-looking statements generally relate to Ormat’s plans, objectives and expectations for future operations and are based upon its management’s current estimates and projections of future results or trends. Although we believe that our plans and objectives reflected in or suggested by these forward-looking statements are reasonable, we may not achieve these plans or objectives. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 27, 2025, and in Ormat’s subsequent quarterly reports on Form 10-Q that are filed from time to time with the SEC.

    These forward-looking statements are made only as of the date hereof, and, except as legally required, we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Ormat Technologies Contact:
    Smadar Lavi
    VP Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com    		 Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

  • MIL-OSI USA: Supporting Immigrant New Yorkers

    Source: US State of New York

    esterday, Governor Kathy Hochul visited Brooklyn’s Little Haiti neighborhood to visit community leaders and discuss the impact of President Trump’s policies on the Haitian-American community.

    PHOTOS of the meeting are available on the Governor’s Flickr page.

    “With the Statue of Liberty in our harbor, New York has always welcomed immigrants who come to this country seeking a better life. That’s especially true for our Haitian American community who have become a large, vibrant part of New York’s culture and civic life. Haitian American leaders have opened small businesses, provided essential healthcare as front line workers, produced extraordinary arts and culture, and served at the highest levels of elected office. These are our fellow Americans — and our fellow New Yorkers,” said Governor Hochul. We know the Haitian American community has been under attack by cynical political leaders. Haiti has been characterized in ways that are too vile to put in writing, and politicians have spread false rumors about Haitian Americans in Ohio. Now, the federal government is banning travel between Haiti and the United States, cutting hundreds of thousands of New Yorkers off from their loved ones and family. As leaders of the Empire State, we stand united against this outrageous travel ban. The ban is cruel and does nothing to make us safer. Instead of doubling down on hate, New York will continue our efforts to lift up the Haitian American community with support and resources to ensure their safety and well-being. We stand united in the face of this bigotry, and we will not back down.”

    Assemblymember Michaelle C. Solages, Chair of the NYS Black, Puerto Rican, Hispanic & Asian Legislative Caucus said, “This policy is not rooted in national security. It is rooted in racism, xenophobia, and a cruel desire to slam the door on families fleeing hardship. As the first person of Haitian descent elected to the New York State Legislature, this is deeply personal. I understand what our community has faced and continues to endure. Haitian New Yorkers are caregivers, small business owners, students, faith leaders, and essential workers who contribute to our economy and enrich New York every day. Banning Haitians and others from entering the United States under the guise of safety is not only wrong, it is a stain on our nation’s moral fabric. We cannot allow fear and bigotry to dictate immigration policy. We must reject this shameful act and continue fighting for an immigration system that reflects compassion and human dignity.”

    Assemblymember Rodneyse Bichotte Hermelyn said, “New York has always been a welcoming beacon for immigrant communities to build a better life. The President’s inhumane and xenophobic policy banning citizens from 12 countries – including Haiti – from entry and travel to the U.S. is not only unjust — it causes real harm by cutting families off from their loved ones in a time of dire crisis. Further, the sudden, blatantly racist ban targets millions who have legally called our nation and state home, and will wreak havoc on our economy while causing dangerous discord for our nation that is built on the backs of immigrants. As the first Haitian-American State Legislator elected to represent NYC, I resolutely stand with Governor Hochul in opposition. In the face of xenophobic rhetoric and harmful policies that unfairly target Haitians, and the Black and brown immigrants from 11 nations, New York must, and will, lead with compassion, strength, and resolve.”

    Assemblymember Clyde Vanel said, “Policies like these serve only to further isolate Haiti and its people during a time when international support is most needed. Thousands of constituents in my district, including myself, have close relatives in Haiti. This ban will do nothing except to make unifying families and visiting loved ones next to impossible. It will also further worsen the humanitarian crisis already occurring in Haiti.”

    Councilmember Farah N. Louis said, “The decision to impose travel restrictions on 12 countries represents a despicable and deeply troubling moment for our community. Haiti is once again being unfairly targeted in an intentional attack on our identity, dignity, and humanity. I commend Governor Hochul for standing with Haitian New Yorkers and reaffirming that our state will not be complicit in cruelty. New York’s leaders are showing the country what it means to protect all people, regardless of nationality or status. I will continue to join efforts to safeguard our community, uplift Haitian voices, and fight back against federal policies rooted in discrimination and fear.”

    Councilmember Mercedes Narcisse said, “As a proud Haitian-American, I stand with my community and Governor Hochul in opposing the federal travel ban that will only deepen the suffering of those already facing unimaginable challenges. Haiti is in the midst of a devastating crisis, and for many, the United States represents their last hope for safety, medical care, and a better life. By cutting off access to this lifeline, the federal government is turning its back on the Haitian people, and also disregarding the very values that define this nation, compassion, humanity, and support for those in need.”

    MIL OSI USA News –

  • MIL-OSI Security: Convicted Felon Who Attempted To Sell Assault Rifle Sentenced To 92 Months In Federal Prison For Unlawful Firearm Possession

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

    SAN FRANCISCO – Timothy Demetrius Jeffrey, aka “Boo,” 44, of Antioch, Calif., was sentenced today to 92 months in federal prison, following his conviction on March 12, 2025, by a federal jury on two counts of being a felon in possession of a firearm and ammunition. Senior U.S. District Judge William H. Alsup handed down the sentence. Judge Alsup also sentenced Jeffrey to concurrent 24-month terms for violating the terms of his supervised release in two other federal cases.

    According to court documents and evidence presented at trial, on April 25, 2023, Jeffrey drove into a shopping plaza parking lot in Pittsburg, Calif., parked, and fled on foot from a pursuing police officer. Jeffrey threw a Glock 9mm semi-automatic pistol with an extended magazine and 19 rounds of ammunition over a fence behind the shopping plaza before he was arrested.

    Jeffrey posted bond after his arrest but absconded soon thereafter. Following an investigation by the Contra Costa County Sheriff’s Office and the United States Marshals Service, law enforcement officers located Jeffrey at a relative’s home in Antioch on March 27, 2024. After U.S. Marshals arrested Jeffrey, the Contra Costa County Sheriff’s Office executed a search warrant at the residence, where deputies located and seized an Aero Precision AR-style rifle with a magazine and 25 rounds of ammunition from under a couch in the living room. They also seized a cell phone that had been used by Jeffrey. The phone contained multiple text messages in which Jeffrey attempted to sell the AR rifle and sent a photo of it.

    At the time of his April 2023 and March 2024 arrests, Jeffrey was on federal supervised release following past felony convictions for being a felon-in-possession of a firearm, escape from custody, and conspiracy and possession with intent to distribute a controlled substance.

    Judge Alsup also found that enhancements were appropriate under the U.S. Sentencing Guidelines (i) due to Jeffrey’s obstruction of justice resulting from perjury during his trial testimony; and (ii) because one of the guns Jeffrey possessed had previously been stolen.

    United States Attorney Craig H. Missakian and Bureau of Alcohol, Tobacco, and Firearms (ATF) Acting Special Agent in Charge Alex Buenaventura made the announcement.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department of Justice launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    Assistant U.S. Attorney Aseem Padukone prosecuted this case with the assistance of Claudia Hyslop, Nina Burney, and Yenni Weinberg. The prosecution is the result of an investigation by the ATF, the United States Marshals Service, the Pittsburg Police Department, and the Contra Costa County Sheriff’s Office.
     

    MIL Security OSI –

  • MIL-OSI Security: Chesapeake cocaine trafficker sentenced to 18 years in prison

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

    NORFOLK, Va. – A Chesapeake man was sentenced today to 18 years in prison for possession with intent to distribute cocaine and possessing a firearm during and in relation to a drug-trafficking crime.

    According to court documents, on Feb. 10, 2024, Chesapeake Police officers were attempting to serve arrest warrants for assault and battery of a family or household member and destruction of property on Abdul-Wakeel Khabeer Qaabid, aka Kenneth Andrew Jordan, 39. Qaabid fled during a traffic stop, but crashed his vehicle and fled on foot. From Qaabid’s vehicle, investigators recovered two loaded handguns, five ounces of cocaine base, 43 grams of marijuana, $25,020, and three cellular devices. During a search of Qaabid’s residence, investigators recovered over six kilograms of cocaine, packaging materials, .45 caliber ammunition, and $26,900 in drug proceeds.

    Qaabid was arrested on March 13, 2024, at a residence in Chesapeake. During a search of that residence, CPD recovered an additional $11,850 in drug proceeds.

    Qaabid previously had been convicted for attempted capital murder, use of a firearm during the commission of a felony, and felony assault and battery. As a previously convicted felon, Qaabid cannot legally possess firearms or ammunition.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia; Anthony A. Spotswood, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives Washington Field Division; and Mark G. Solesky, Chief of Chesapeake Police, made the announcement after sentencing by U.S. District Judge Arenda Wright Allen.

    Assistant U.S. Attorney Kristin G. Bird prosecuted the case.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. 2:24-cr-68.

    MIL Security OSI –

  • MIL-OSI China: China to allow qualified foreign investors to trade on-exchange ETF options

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

    BEIJING, June 18 — China will allow qualified foreign investors to participate in on-exchange exchange-traded fund (ETF) options trading from Oct. 9 this year for hedging purposes only, the country’s top securities regulator said on Wednesday.

    The move aims to expand the range of investable assets for qualified foreign investors, and to enable foreign institutional investors — particularly those focused on portfolio allocation — to access risk-management tools that align with their investment needs, according to the China Securities Regulatory Commission (CSRC).

    It is expected to foster more stable investment by foreign institutional investors, and to support their long-term participation in China’s A-share market, the regulator said.

    Since the beginning of this year, the CSRC has gradually eased restrictions on qualified foreign investors’ access to domestic commodity futures, commodity options and ETF options.

    Going forward, the regulator said it will roll out further reform measures to improve the qualified foreign investor scheme, and do more to promote the high-standard institutional opening-up of the country’s capital market.

    MIL OSI China News –

  • MIL-OSI China: China’s top political advisor stresses research on integrated development of sci-tech, industrial innovation

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

    China’s top political advisor Wang Huning on Wednesday stressed the need to deepen research on the integrated development of scientific and technological innovation with industrial innovation, highlighting its crucial role in advancing Chinese modernization.

    Wang, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the National Committee of the Chinese People’s Political Consultative Conference, made the remarks during a symposium where the central committees of some non-CPC parties presented their research outcomes.

    Wang said that promoting the integration of sci-tech innovation with industrial innovation is conducive to fostering new quality productive forces, advancing high-quality development, and building an innovative country.

    Efforts should be made to deepen research on the challenges in advancing sci-tech and industrial innovation, and on bottlenecks in policy implementation, Wang said.

    He emphasized the importance of high-quality research to support Party and government decision-making, and called for efforts to advance the implementation of the innovation-driven development strategy and accelerate the building of an innovative country.

    During the symposium, leaders of the central committees of five non-CPC parties provided their respective suggestions on topics such as accelerating the transformation and upgrading of traditional industries, advancing the digital transformation of the manufacturing sector, and promoting high-standard opening up.

    MIL OSI China News –

  • MIL-OSI China: G7 summit ends in disputes

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

    The Group of Seven (G7) summit wrapped up in Canada on Tuesday with no joint communique but some stark frictions.

    Several statements, or the leaders’ commitments, were issued after the summit, which included driving secure, responsible and trustworthy AI adoption across public and private sectors, powering AI now and into the future, and closing digital divides; boosting cooperation to unlock the full potential of quantum technology to grow economies, solve global challenges and keep communities secure.

    The attendees also committed to mounting a multilateral effort to better prevent, fight and recover from wildfires, which are on the rise around the world; protecting the rights of everyone in society, and the fundamental principle of state sovereignty, by continuing to combat foreign interference, with a focus on transnational repression; and countering migrant smuggling by dismantling transnational organized crime groups.

    In his final remarks at the closing news conference, Canadian Prime Minister Mark Carney said that the discussions over the past two days were marked by a range of differing opinions, frank conversations and strategic exchanges.

    “There is a great amount of direct dialogue and discussion, very frank exchanges, very strategic exchanges, differences of opinion on a number of issues, but an effort to find common solutions to some of these problems,” said Carney, also chair of this year’s summit.

    He said this is particularly valuable “at a time when multilateralism is under great strain.”

    There was no joint statement on Ukraine, although Carney announced new Canadian support for Ukraine’s defense and another set of sanctions on Russia. Carney invited Ukrainian President Volodymyr Zelensky to attend the event in person and made support for the country one of the summit’s key discussion topics on Tuesday.

    Leaders met for the final day of the summit in Kananaskis in Canada’s province of Alberta without U.S. President Donald Trump, who suddenly left Canada on Monday night, saying that escalations in the Middle East forced his early exit from the G7 event.

    As he left, the summit published a statement that the resolution of the Iranian crisis can lead to a broader de-escalation of hostilities in the Middle East, even a ceasefire in Gaza.

    The remaining G7 leaders had a working lunch with visiting non-G7 leaders on energy security. In the statement, the leaders said that they remain vigilant to the implications of the Iran-Israel aerial conflict for international energy markets and that they will stand ready to coordinate to safeguard market stability.

    Hundreds of protesters took to the streets in downtown Calgary and Banff during the summit, calling on the summit to address a variety of issues, including Trump’s threat to annex Canada.

    Originally scheduled to begin on the weekend, the summit was shortened to two days and officially started on Monday.

    French President Emmanuel Macron announced Tuesday that next year’s summit will take place in Evian, a French spa town known for its mineral water.

    The G7 is an informal bloc comprising seven of the world’s advanced economies — Canada, France, Germany, Italy, Japan, Britain and the United States — along with the European Union.

    MIL OSI China News –

  • MIL-OSI Banking: From mammoth hunters to numismatic collections – CNB issues a coin featuring the Venus of Dolní Věstonice

    Source: Czech National Bank

    The Czech National Bank (CNB) is issuing a CZK 200 commemorative silver coin to mark the 100th anniversary of the discovery of the famous female figurine in Dolní Věstonice – the Venus of Dolní Věstonice. The coin will go on sale on 18 June 2025.

    The design of the new coin was chosen in an art competition. At the recommendation of an expert committee, the CNB Bank Board selected the design submitted by Majka Wichnerová. Petr Neruda, head of the Anthropos Institute of the Moravian Museum in Brno, acted as the expert advisor to the committee.

    The CZK 200 coin depicts one of the world’s most precious and best-known archaeological discoveries from both sides. The obverse side of the coin features the Venus of Dolní Věstonice from behind and the landscape of the Pavlov Hills. The reverse side depicts a landscape with two mammoths, and the Venus of Dolní Věstonice from the front.

    “The Venus of Dolní Věstonice is one of the most important works of art from the Palaeolithic, the oldest ceramic figurine in the world and a symbol of Czech and global cultural heritage. The commemorative coin marks 100 years since its discovery in Dolní Věstonice, which significantly deepened our understanding of the spiritual life and technological development of prehistoric societies,” said CNB Bank Board member Karina Kubelková.

    The CNB is issuing a total of 18,300 coins: 6,400 in normal quality and 11,900 in proof quality. The coin is minted from an alloy containing 925 parts silver and 75 parts copper. It weighs 13 grams and has a diameter of 31 mm. It is issued in two versions, normal quality and proof quality. Proof-quality coins have a polished field and a matt relief.

    The coin’s denomination of CZK 200 does not equal the sale price, which is higher and reflects, among other things, the current price of silver, production costs and VAT. The coins were minted by Česká mincovna, a. s., in Jablonec nad Nisou and are available for purchase from selected contractual partners. The CNB does not sell numismatic material directly to the public.

    The commemorative coin to mark the 100th anniversary of the discovery of the Venus of Dolní Věstonice is the second CZK 200 silver coin issued by the CNB this year. A coin marking 200 years since the establishment of Czech savings bank – Böhmische Sparkasse was issued in February. The next CZK 200 coin will be issued in October, marking 900 years since the death of the chronicler Cosmas. Other silver coins to be issued by the CNB this year include a CZK 100 coin from the Institutions of the Czech Republic series featuring the Customs Administration.  A few days ago, the CNB issued a CZK 500 coin featuring the Aero L-39 Albatros jet trainer. Two more gold coins will be issued this year: a CZK 5,000 featuring the town of Tábor and an extraordinary CZK 10,000 gold coin weighing one troy ounce and marking 1,100 years since the start of the reign of Wenceslas I, Duke of Bohemia.

    The whole schedule of issuance of coins and banknotes for the period 2021–2025, as well as for the following period 2026–2030 is available on the CNB website.

    Venus of Dolní Věstonice

    The Venus of Dolní Věstonice is one of the world’s most important works of art from the Palaeolithic (Old Stone Age). It is 27,000 to 29,000 years old and was created during the age of mammoth hunters. A high degree of technological knowledge is attributed to this culture. Besides the production of stone tools made of flint, they also processed bones, antlers and mammoth ivory, which they used not only for tools and weapons, but also for decorative and artistic items.

    The ceramic figurine of the Venus fits in one’s palm – its height is 11.5 cm, width 4.4 cm and thickness 2.8 cm. It was discovered by a team of archaeologists led by Professor Karel Absolon at a site in Dolní Věstonice in South Moravia in July 1925. It is currently housed in the collections of the Anthropos Institute of the Moravian Museum in Brno.

    Jaroslav Krejčí
    CNB Spokesperson

    MIL OSI Global Banks –

  • MIL-OSI Europe: ASIA/PHILIPPINES – Impeachment proceedings against Vice President Sara Duterte: Catholics are guided by the spirit of the “Oratio imperata”

    Source: Agenzia Fides – MIL OSI

    Archdiocese of Manila

    Manila (Agenzia Fides) – ” “There has been and continues to be a heated debate in the country following the postponement, in the Senate, of the vote on the impeachment of Vice President Sara Duterte. Public opinion seems to be divided. As an ecclesial community, following these political developments, we can affirm that our compass remains the common good. And the spirit with which we observe and assess this situation is that of the “Oratio Imperata” that we recited in Manila before the elections,” Father Esteban Lo, National Director of the Pontifical Mission Societies in the Philippines, told Fides.In that moment before the elections, Cardinal José Advincula, Archbishop of Manila, invited the faithful “to be open to a constant conversion toward truth, justice, and peace.” Father Lo recalls several passages from the Oratio Imperata, in which one asks God: “Guide our nation in this time of crisis”; “Let the light of truth shine to guide us on the path to unity and peace”; “Let justice prevail and pave the way to healing and reconciliation.”Last February, the House of Representatives initiated impeachment proceedings against Sara Duterte on charges of embezzlement, bribery, and corruption with 215 of 306 votes. For the proceedings to proceed, the Senate must also vote on the matter.Following the May 12 elections and the new composition of the Senate, a special impeachment court was established in the Assembly to consider the case and potentially conduct the trial of Vice President Duterte. However, on June 10, senators voted to refer the complaints to the House of Representatives for legal and procedural reasons, sparking protests from activists and public discontent. The spokesperson for the Senate impeachment tribunal, attorney Regie Tongol, rejected accusations of “buying time” and explained the necessary steps: the formal organization of the tribunal, the adoption of procedural rules, the issuance of a mandate to the House to resolve jurisdictional issues, the formal summons of Duterte, and the receipt of his defense attorneys and receiving the formal summons from the defense attorneys. At this stage, the Catholic Bishops’ Conference of the Philippines, through a message signed by its president, Cardinal Pablo Virgilio David, urged the Senate to act, recalling that this is “a constitutional duty, not a political choice.” According to the statement, the Church’s intervention does not respond to partisan interests, but is rooted in Catholic social teaching, “which upholds truth, justice, and the common good.” “The pursuit of truth is not a political option; it is a moral imperative. Let your conscience guide your actions. Let the truth take its course,” the statement reads.The Archbishop of Lingayen-Dagupan, Socrates Villegas, also warned that delaying the impeachment process “not only constitutes a political, moral, and spiritual failure on the part of public officials, but also a grave sin of omission against the common good,” as it violates truth, justice, and the right of citizens to demand accountability.The Catholic Educational Association of the Philippines (CEAP), the largest network of Catholic educational institutions in the country, has joined the call, urging the Senate not to delay the process, which it called “a constitutional, moral, and democratic imperative.” (PA) (Agenzia Fides, 18/6/2025)
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  • MIL-OSI Europe: AFRICA/NIGERIA – Auxiliary Bishop of Minna: “It is inexplicable that such cruelty was inflicted on hundreds of people”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 18 June 2025

    Minna (Agenzia Fides) – “What happened in Makurdi is truly horrible,” said the Auxiliary Bishop of the Diocese of Minna, Luka Sylvester Gopep, to Fides, in a commentary on the massacre that occurred on the night of June 13-14 in Benue State (see Fides, 16/6/2025).Speaking to Fides, Bishop Gopep does not hide his deep sadness when speaking of this tragic, umpteenth episode of violence that has struck the country.”It is inexplicable that such cruelty was inflicted on hundreds of people. It is difficult to understand why the Fulani herdsmen who perpetrated the massacre acted in this way,” said Bishop Gopep. “The fact is that Makurdi is a predominantly Christian area, and the Fulani nomads are predominantly Muslims from the northern part of the country, while Makurdi is located in the center of the Country. The Diocese of Minna in Niger State lies between two dioceses before reaching Makurdi: the Archdiocese of Abuja and the Diocese of Lafiya. Last May 29, the area of Minna was hit by severe floods that left more than 200 dead and thousands displaced, including more than 1,000 children.”The prelate also announced that Bola Ahmed Adekunle Tinubu, President of Nigeria since May 29, 2023, is expected in Makurdi today, June 18, 2025. (AP) (Agenzia Fides, 18/6/2025)
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  • MIL-OSI Europe: AFRICA/SUDAN – Is Sudan moving toward partition?

    Source: Agenzia Fides – MIL OSI

    Wednesday, 18 June 2025

    Khartoum (Agenzia Fides) – Is Sudan heading toward a de facto partition? This is the question several regional analysts are asking following the takeover of the so-called “border triangle” between Sudan, Libya, and Egypt by the Rapid Support Forces (RSF), led by Mohamed Hamdan Dagalo, known as Hemedti.According to the regular armed forces (Sudan Armed Forces, SAF) under the command of General Abdel Fattah al-Burhan, the RSF’s conquest of the tri-border area was facilitated by the help of General Khalifa Haftar, head of the Libyan National Army (LNA), the Benghazi-based Libyan faction that controls Cyrenaica and opposes the Government of National Accord (GNA) in Tripoli. Control of this important border region between Sudan and Libya makes it possible to manage legal and illegal trade (especially gold) and to supply RSF troops across the Libyan border. After being expelled from the capital Khartoum, the RSF leadership intends to concentrate its forces in western Sudan, in Darfur and Kordofan (see Fides, 11/6/2025). By creating a secure supply and trade route, Dagalo aims to establish its own administration in its stronghold of Darfur. In recent months, Dagalo has already announced the formation of an alternative government to the one led by General al-Burhan (see Fides, 19/2/2025 and Fides 16/4/2025).The conflict between Sudanese factions has also taken on an ideological and international dimension. To help the RSF control the tri-border area, General Haftar has deployed the “Subul al-Salam” brigade, an armed Salafist group that opposes the political Islam represented by the Muslim Brotherhood. This trend is frowned upon by the United Arab Emirates, which has supported both Haftar and the RSF. In its strategy to curb the Muslim Brotherhood, the Emirates appears willing to ally, albeit indirectly, with Salafi groups with strong tribal roots, such as the Subul al-Salam Brigade, made up of members of the Zuwaya tribe. The SAF, under the leadership of General Buran, was able to recapture Khartoum and other areas largely thanks to the newly formed ‘Hunter Force’, a special elite unit composed, among others, of Islamist elements with links to the Muslim Brotherhood. The external influences in the Sudanese civil war are finally demonstrated by the “drone war” (see Fides, 16/5/2025), in which the RSF uses armed Chinese-made drones supplied by the Emirates, as well as Turkish army drones supplied by Ankara, which supports General Buran. (L.M.) (Agenzia Fides, 18/6/2025)
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  • German minister to Iran: never too late to negotiate

    Source: Government of India

    Source: Government of India (4)

    Germany’s foreign minister appealed to Iran’s leaders to make credible assurances that it is not seeking a nuclear weapon and to show it is willing to find a negotiated solution as fears mount of further military escalation between Iran and Israel.

    “We are still ready to negotiate a solution. However, Iran must act urgently … it is never too late to come to the negotiating table if one comes with sincere intentions,” Johann Wadephul said at a news conference with his Jordanian counterpart on Wednesday.

    Wadephul said Israel’s fear that Iran would develop nuclear weapons was justified and it had a right to self-defence.

    “The Israeli decision to do something against this threat is comprehensible,” he said, adding civilian deaths on both sides were regrettable after air attacks between Iran and Israel.

    His ministry was arranging special flights later on Wednesday and on Thursday to each repatriate about 180 German citizens via Amman, he said.

    Wadephul also said Germany had agreed to create an economic council with Syria to improve cooperation and boost prosperity and stability there.

    (Reuters)

  • MIL-OSI Security: Witness appeal launched after murder in Camden

    Source: United Kingdom London Metropolitan Police

    Police are appealing for witnesses and information following the murder of a woman in Camden.

    Officers were called by the London Ambulance Service at 18:00hrs on Friday, 13 June to a report of an unresponsive woman at her home in Mornington Place, Camden.

    Officers attended and found a woman with stab injuries. She was sadly pronounced dead at the scene.

    She has been identified as 69-year-old Jennifer Abbott. Known professionally as Sarah Steinberg, Jennifer was a popular member of the community. She was often seen walking her Corgi dog in the Camden area, including on Tuesday, 10 June when she was last seen by neighbours.

    A post-mortem examination took place on Sunday, 15 June and gave cause of death as sharp force trauma.

    Officers also carried out a number of enquiries alongside the PM. Details of which meant that it is now appropriate to issue information about the incident and the appeal.

    While detectives are keeping an open mind about the possible motive for the murder, they are appealing in particular for information about a Rolex watch which they believe is missing from Jennifer’s address.

    It has a distinctive diamond encrusted face.

    Chief Superintendent Jason Stewart, who leads policing in Camden, said: “We are working closely with our colleagues in the homicide team to establish exactly what happened and it’s incredibly important that we hear from anyone who may have knowledge about how this awful death occurred.

    “Were you out in Camden on Friday? Perhaps you had been coming home from work, or at an event nearby? Did you see or hear anything around Mornington Place that struck you as being unusual?

    “Someone must have seen or heard something and no piece of information is too small. It could be the crucial clue that leads us to identify Jennifer’s murderer.

    “Extra patrols continue in the area while my officers remain at the crime scene. I would urge anyone who has any information, or who may be worried, to speak to them.”

    There have been no arrests at this stage.

    Anyone with information is urged to call 101 or message @MetCC on X, giving the reference 6470/13JUN. Information, including photos or videos, can also be easily uploaded to our dedicated appeal page.

    Alternatively you can speak anonymously to the independent charity Crimestoppers on 0800 555 111, or at https://crimestoppers-uk.org/.

    MIL Security OSI –

  • MIL-OSI Security: Witness appeal launched after murder in Camden

    Source: United Kingdom London Metropolitan Police

    Police are appealing for witnesses and information following the murder of a woman in Camden.

    Officers were called by the London Ambulance Service at 18:00hrs on Friday, 13 June to a report of an unresponsive woman at her home in Mornington Place, Camden.

    Officers attended and found a woman with stab injuries. She was sadly pronounced dead at the scene.

    She has been identified as 69-year-old Jennifer Abbott. Known professionally as Sarah Steinberg, Jennifer was a popular member of the community. She was often seen walking her Corgi dog in the Camden area, including on Tuesday, 10 June when she was last seen by neighbours.

    A post-mortem examination took place on Sunday, 15 June and gave cause of death as sharp force trauma.

    Officers also carried out a number of enquiries alongside the PM. Details of which meant that it is now appropriate to issue information about the incident and the appeal.

    While detectives are keeping an open mind about the possible motive for the murder, they are appealing in particular for information about a Rolex watch which they believe is missing from Jennifer’s address.

    It has a distinctive diamond encrusted face.

    Chief Superintendent Jason Stewart, who leads policing in Camden, said: “We are working closely with our colleagues in the homicide team to establish exactly what happened and it’s incredibly important that we hear from anyone who may have knowledge about how this awful death occurred.

    “Were you out in Camden on Friday? Perhaps you had been coming home from work, or at an event nearby? Did you see or hear anything around Mornington Place that struck you as being unusual?

    “Someone must have seen or heard something and no piece of information is too small. It could be the crucial clue that leads us to identify Jennifer’s murderer.

    “Extra patrols continue in the area while my officers remain at the crime scene. I would urge anyone who has any information, or who may be worried, to speak to them.”

    There have been no arrests at this stage.

    Anyone with information is urged to call 101 or message @MetCC on X, giving the reference 6470/13JUN. Information, including photos or videos, can also be easily uploaded to our dedicated appeal page.

    Alternatively you can speak anonymously to the independent charity Crimestoppers on 0800 555 111, or at https://crimestoppers-uk.org/.

    MIL Security OSI –