Source: Hong Kong Government special administrative region
The Hong Kong Museum of Art (HKMoA) will launch the exhibition “The Pride of Hong Kong: Three Preeminent Collections of Ancient Paintings and Calligraphies” from June 11 to October 7, converging for the first time treasures from three world-class collections – Xubaizhai, established by the late renowned local collector Low Chuck-tiew; Chih Lo Lou, by Ho Iu-kwong; and Bei Shan Tang, by Lee Jung-sen, which are highly revered locally and internationally. Ninety-three sets of masterpieces from the Tang to the Qing dynasties will be exhibited, showcasing Hong Kong’s golden age of collecting.
The exhibition, presented by the Leisure and Cultural Services Department, is jointly organised by the HKMoA and the Art Museum of the Chinese University of Hong Kong (CUHK). Addressing the opening ceremony held today (June 10), the Director of Leisure and Cultural Services, Ms Manda Chan, said that in the mid-20th century, Chinese national treasures were featured in a large quantity in Hong Kong. Foreign art dealers and collectors were highly enthusiastic to acquire these treasures. With the resolve to retain these embodiments of Chinese heritage on home soil, the three collectors were determined to collect ancient Chinese masterpieces. The three world-class private treasured collections, namely Xubaizhai, Chih Lo Lou and Bei Shan Tang, were thus built up. Moreover, the three collectors and their families donated their invaluable collections to the HKMoA and the Art Museum of the CUHK for exhibition and educational purposes, providing the public with the opportunity to appreciate Chinese painting and calligraphy. The three collectors and their families, committed to preserving and promoting Chinese culture, have demonstrated their honourable generosity.
An international group of physicists, including two UConn faculty, have published a white paper representing a major step forward in developing our understanding of one of the smallest units of our world, and with it, the basic laws of physics.
Thomas Blum, professor, and Luchang Jin, associate professor, in the Department of Physics are authors on this paper and members of the Muon g-2 Theory Initiative.
The group which includes more than 100 scientists from around the world formed in 2017.
The white paper deals with muons, a type of elementary particle. Muons are a lot like electrons, negatively charged subatomic particles, but they are about 200 times heavier.
Compared with many other elementary particles the muon is easier to study because it’s a kind of “Goldilocks” particle. It doesn’t interact too strongly nor too weakly with other particles.
Quarks, for example, interact so strongly with other particles they are difficult to isolate for study. But if a particle interacts too weakly with others this is also a problem, because the technology used to measure a particle’s properties actually depends on particle interactions.
Because of this, dark matters and neutrinos are difficult to study. Scientists need to build very large detectors in order to have a chance of capturing just a handful of particles. This makes the muon’s unique advantages important for probing the unknown.
“We’re interested in the muon because it presents an opportunity for something that we can measure extremely precisely in the lab and we can also calculate extremely precisely from our most fundamental theory of nature,” Blum says.
This white paper presents the theoretical side of this group’s work, which uses cutting-edge calculations to determine the anomalous magnetic moment of the muon.
A particle’s magnetic moment is usually described by the g-factor (g), which is theoretically predicted to equal two. But, particles are constantly interacting with other particles, changing this value – this is the anomalous magnetic moment, or g minus two (g-2).
This quantity is critical for evaluating the Standard Model, a description of the fundamental forces and particle types that make up the entire known universe.
The value of the anomalous magnetic moment of the muon is a part of the Standard Model but it has some uncertainty associated with its calculation. Hence, doing a better calculation will strengthen the Standard Model overall.
The theoretical calculations published in this white paper will then be compared to the value from an experiment conducted at Fermilab outside of Chicago.
The agreement or disagreement between these two results could alter our understanding of particle physics as we know it.
“If they don’t agree, we know that the Standard Model is not quite right and we have to improve it, we have to change it to include this new effect,” Blum says. “Even if we don’t find a discrepancy, it’s important to test our most fundamental theories as precisely as we can and know when or if they break down.”
This latest development builds upon decades of scientific advancement, including the work of Blum and Jin.
Blum was the first to calculate the contribution of quantum chromodynamics (QCD) – one of the three essential forces in the Standard Model – to the muon’s anomalous magnetic moment using a numerical technique called lattice QCD.
Since that first calculation Blum,Jin, and their collaborators have calculated the contribution of the hadronic vacuum polarization (HVP) to the anomalous magnetic moment of the muon, producing one of the most precise values at that point using lattice QCD.
“Groups all over the world are doing these calculations and improving the precision and the accuracy of those calculations to the point where, now we believe those are the most robust parts of the HVP calculation and now we can make an accurate comparison of the Standard Model to the experiment,” Blum says.
Jin contributed significantly to improving the precision of another hadronic contribution (i.e., arising from QCD) known as light-by-light scattering.
“We made some methodological developments which greatly improved the efficiency and reduced systematic errors,” Jin says.
This work is a testament to both advances in computing, as these calculations rely on state-of-the-art supercomputers housed in national laboratories, alongside theoretical advancements.
“We need both,” Blum says. “We need the improved algorithms and methods, and we need the most powerful computers we can get our hands on.”
Professor of anthropology Dimitris Xygalatas is a scientist and self-declared rational thinker. But he’s also a lifelong soccer fan, and he fully admits that when his Greek home team finally won their league in 2019, he cried tears of joy.
“Not what you might call a rational organism’s behavior,” he jokes.
But his reaction is in keeping with his latest study, published online this week in the Proceedings of the National Academy of Sciences (PNAS), which shows that the intense feelings of joy, unity, and excitement fans experience surrounding sports can be less about the game and more about the ritual of coming together.
“Rituals are the kinds of things that, at first glance, don’t make any sense in terms of human behavior, but are deeply meaningful to people,” says Xygalatas.
With the cooperation of a die-hard Brazilian soccer (actually, it’s “football,” Xygalatas grudgingly reminds us Americans) fan club, Xygalatas and his team tracked the physiological arousal of fans before, during, and after a state championship final in Minas Gerais between local rival teams.
Using wearable heart monitors, they measured the emotional reactions of fans during the ritual of Rua de Fogo (Street of Fire), where crowds gather near the stadium to welcome the team’s bus. As it arrives, fans light flares, smoke bombs, and fireworks, wave flags, and chant to boost team morale and unify supporters.
The scientists outfitted participants with EKG monitors hidden beneath their clothing. The devices measured heart rate fluctuations, which is a proxy for emotional arousal, as fans participated in the pre-game celebration, entered the stadium, and watched the match unfold.
What they found was striking: The levels of shared excitement, or what the scientists call “collective effervescence,” peaked not during the game, but during the pre-game fan rituals.
Only when the home team scored a goal did those physiological markers exceed the emotional high of the pre-match gathering.
“What we see is that, in fact, the pre-game ritual generates more emotional synchrony than the game itself,” Xygalatas says. “There’s a single moment in the entire game when they have more collective emotional synchrony than the pre-game ritual, and that’s when they scored a goal.”
The findings underscore Xygalatas’ broader work to understand how ritual shapes human behavior and identity.
Xygalatas’ past research has taken him to remote firewalking ceremonies and intense religious festivals. But soccer, he says, offers a unique laboratory: It’s a global obsession that’s rich in ritual and pageantry, but largely free from political or religious ideology.
“People attribute a lot of meaning to sports,” Xygalatas says. “Sports generate billions and billions of dollars globally, and they take up so much of people’s attention. And the reason they do that is not just because of what’s happening on the pitch. It’s because of these ritualized interactions that occur among the fans.”
The implications, the paper argues, extend beyond sports. Ritualized group behaviors like concerts, religious ceremonies, or political rallies, may powerfully shape people’s emotions and even their beliefs.
“By going to these events, we’re actually shaping our beliefs,” he says. “So, sports is not just an excuse for people to get together. It’s a driver of identity.”
Xygalatas speaks from experience. As a young man growing up in Thessaloniki, Greece, he was a member of a soccer fan club. One day, while wearing his team’s scarf in the wrong neighborhood, he was ambushed by four men and brutally attacked, an incident that echoes the fatal beating of a 19-year-old in his hometown years later, also over team allegiance.
“I felt a blow to my head from behind, and next thing I knew, there were four men beating me, kicking me on the head, everywhere,” remembers Xygalatas. “The reason I was able to escape is that another group of men was turning the corner, wearing my insignia, so they chased them away.”
Football, he says, is the only sport that regularly leads to deadly violence, a fact that leagues and governing bodies like FIFA should take seriously.
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He says it’s in soccer clubs’ best interest to strike a balance between building loyalty, which Europeans and South Americans are excellent at doing, and making it safe for people to participate in.
Still, Xygalatas is clear that he’s not advocating for less passion. He hopes his work helps people understand why they care so deeply in the first place.
“If we look at what makes us human, we realize that it’s our ability and our need to derive meaning from things that seem meaningless,” he says.
Xygalatas’ co-authors on this paper are Mohammadamin Saraei, graduate student in the Department of Psychological Sciences; Vitor Leandro da Silva Profeta, professor in the Departamento de Educação Física at the Universidade Federal de Minas Gerais; and Gabriela Baranowski-Pinto, professor in the Department of Human Movement Sciences at the Universidade do Estado de Minas Gerais.
In almost the same way the rope aboard the Pequod “folds the whole boat in its complicated coils,” so too have the details of the 14th International Melville Society Conference around UConn’s Mary K. Bercaw Edwards.
Who knew planning a weeklong event at UConn Avery Point for 150 Herman Melville scholars from lands as far away as those along the route in the hunt for Moby Dick would imitate passages from the English professor’s favorite chapter in the novel by the same name?
The whaling line, Melville writes of the rope, is both “magical, sometimes horrible.”
But once the scholars arrive and the opening plenary address begins on Monday, June 16, Bercaw Edwards says she’ll settle in and enjoy what the week has to offer as the UConn campus and southeastern Connecticut show off their maritime heritage.
“It’s going to be an amazing conference. The talks look outstanding, and everyone is so excited to be in this location,” Bercaw Edwards says.
Titled “Oceanic Melville,” the conference follows a 2022 gathering in Paris and other global destinations through the years including Poland in 2007, Israel in 2009, Italy in 2011, and Japan in 2015. The first was held in Greece in 1997, with gatherings planned generally biennially.
The latest exhibition, “Oceanic Melville,” at the Alexey von Schlippe Gallery of Art features artwork inspired by Herman Melville’s novel “Moby-Dick,” including artist Robert Del Tredici’s mixed media print, “Torn Body, Gnashed Soul.” The exhibition at UConn Avery Point is open through June 19. (Kimberly Phillips/UConn Today)
Bercaw Edwards says The Melville Society, an international organization dedicated to the study of the author, asked her to arrange a conference at Avery Point in part because of its proximity to Mystic Seaport Museum just 15 minutes down the road where the Charles W. Morgan, the last wooden whaleship in the world, is on display.
The Morgan was launched in 1841 from New Bedford, Massachusetts, built seven months after and 7 miles away from the Acushnet, the whale ship on which Melville served as a crewmember in the Pacific Ocean before writing “Moby-Dick,” making the Morgan as identical as possible to the Acushnet.
While several days of panel discussions and other academic talks (some are open to the public) on topics ranging from Melville in popular culture to Melville and his animals are the centerpiece of the conference, Bercaw Edwards says a daylong trip to the Museum, where she works in the summer, and the chance to get up close with the Morgan is a highlight.
“They’ll see us raise sails, lower and raise the whale boat. They’ll get to pull on the halyards, which will give them a visceral feeling of what it’s like to set sail,” she says of conference attendees. “We’re also going to give them an opportunity to actually row in whale boats.”
Participants’ day at the Museum also will include the daily activities available to the public, including a concert by staff musicians playing and singing the songs mentioned in “Moby-Dick” and a 35-minute play with three actors using Melville’s words to tell the story of Ahab and the whale.
“Monstrous: Whaling and its Colossal Impact,” the Museum’s newest exhibition that opened in late May and runs through Feb. 16, 2026, by happenstance coincides with the conference.
The exhibition has been built around Mexican American artist Jos Sances’ scratchboard mural, “Or, The Whale,” a 51-foot-long artwork the same size as a juvenile sperm whale. Bercaw Edwards says Sances created the piece after reading and finding inspiration in “Moby-Dick.”
“Sances is a screen printer and a scratchboard artist who’s from Mexico and lives in California – and then he read ‘Moby-Dick’ and was driven to make this mural,” she says. “With his background, there was nothing that would have drawn him naturally to reading a book by a white New England author, but he did just like so many others do.”
‘Deep and Important Questions’
From the perspective of Pequod crewmember Ishmael, “Moby-Dick” tells the story of Captain Ahab’s trek across the globe for vengeance against the albino sperm whale Moby Dick, which took off his leg during a previous encounter.
Some chapters are incredibly dense with precise details about whaling and sailing, while others are so action-packed the story moves quickly. It’s considered among the greatest American novels and for many English majors might be considered their very own white whale.
“Quenchless Feud (Ahab)” from artist Jos Sances is on display as part of “Oceanic Melville” at the Alexey von Schlippe Gallery of Art at UConn Avery Point. (Kimberly Phillips/UConn Today)
Bercaw Edwards says she’s oftentimes amazed that today’s audiences are so interested in something written in 1851 – that’s nearly 175 years ago – especially given that it’s authored by a dead, white male and features the killing of whales.
“It seems as politically incorrect as it can possibly be, and yet it feels as if it’s still on the ascendancy,” she says. “It’s a long, dense, tough book, and yet it’s immensely popular. There are graphic novels, movies, plays, concerts, memes, and T-shirts about it.”
She says she once witnessed a colleague who writes about Melville in popular culture mention the word “tattoo” during a talk, and afterward a throng of people gathered around to show him the Melville-inspired artwork on their biceps, forearms, and calves.
“It’s just amazing to me that Melville is so popular. I think it’s because he asks all kinds of deep and important questions: Is there truth? Is there justice? Is there anything beyond our human existence? How do we go about life? And he doesn’t give us any answers. Every time you think ‘OK, that’s the answer,’ he undercuts it. He wants you to realize there are no answers, but he’s asking these great questions. I think that’s part of why it’s still eternal,” she says.
Never mind the beauty of Melville’s writing.
“At the end of Chapter 1, Melville writes, ‘It is but well to be on friendly terms with all the inmates of the place one lodges in.’ I’ve always loved that. We should all get along,” Bercaw Edwards says. “I also love, ‘Ignorance is the parent of fear.’ People are afraid of things they don’t know. It’s so true.”
Pequod third mate Flask fears butter – yes, a stick of butter – Bercaw Edwards continues, noting the humor in the book. He feels as if he’s not entitled to the spread: “So when they’re all eating with Ahab – Starbuck, Stubb, and Flask – they’re always really quiet because they’re kind of nervous around Ahab, and Flask, of course, never dares to take butter. Then Melville writes, ‘For Flask is a butterless man.’”
Reading ‘Moby-Dick’
Every time “Moby-Dick” appears on a syllabus in one of Bercaw Edwards’ classes, she says she gives it a fresh read, no specific routine around it, no tableside requisite cup of black tea to share with Ahab.
She’s delighted in its humor during her at least 35 times rereading it through the years – so many instances that she finds herself quoting it as she goes along. And when she gets to her favorite chapter – number 60, “The Line” – she knows she’ll get the best Melville has to offer.
“He’s describing the whale line, which is attached to the harpoon and thrown into the whale. He has really basic information about the line, about rope, and then it’s infused with all kinds of humor,” she says, quoting his description of hemp: “Hemp is a dusky, dark fellow, a sort of Indian; but Manilla is as a golden-haired Circassian to behold.”
Melville then builds to what Bercaw Edwards calls a “metaphysical lift,” explaining that the whale-line surrounds the boat, crisscrossing it and traveling by each of the crewmembers. He then notes that we’re all surrounded by ropes, and no one knows when it will take you to eternity.
“It’s set up like a sermon,” she says of the chapter. “Sermons pick apart a line from biblical text. This does the same thing. It just does it with real line rather than a line of text.”
Then again, Bercaw Edwards can relate to Melville and journeys around the world better than most.
As her friends shifted into high school upperclassman status at 16 years old, she and her family went to sea, she says. The family of five – Mom and Dad, sister and brother, and her – sailed around the globe on a journey that took 3½ years.
“When I went to college, I knew I wanted to be an English major, but I was thinking I would study Henry James,” she says of the American British author. “Then my professor suggested that with my sailing background I should be a Melville scholar – and now I can’t imagine anything else. All my scholarship has been on Melville, with a little on Joseph Conrad and Jack London, but always centered on Melville.”
She acknowledges, though, that for some, reading “Moby-Dick” might be daunting, to which she offers four words of advice: Visit Mystic Seaport Museum.
Seeing the whale boat demonstrations and getting onboard the Morgan to imagine sleeping in its belly every night for between two and five years oftentimes help people get through those challenging whaling chapters.
She further recommends listening to the story as an audio book.
“When people hear it read aloud, they’ll often see how funny it is. I mean, it’s full of humor, and that’s often lost when people get stuck on the fact that this is The. Great. American. Novel,” she says.
From July 31 to Aug. 1, Mystic Seaport Museum will host its 40th annual “Moby-Dick” Marathon reading of the book to coincide with Melville’s Aug. 1 birthday. Readers gather onboard the Morgan and take about 24 consecutive hours to get through the 135 chapters.
“One of the things I always notice is people listening and then they start to laugh and feel embarrassed, like they’re not supposed to. This is The Great American Novel, but of course we’re supposed to laugh,” she adds.
Public Events and AVS Exhibition
With grant funding from Connecticut Humanities and the Gladys Krieble Delmas Foundation, several events during The Melville Society conference will be open to the public, Bercaw Edwards says.
The opening plenary talk at 10:15 a.m. on Monday, June 16, “Other Seas: Sailing Without Ahab,” will come from St. John’s University English professor Steve Mentz, who’s figured prominently in the field of blue humanities. He will discuss how humans engage with water, along with the history and theory of water-centric thinking.
“The Pod” from artist George Klauba is on display as part of “Oceanic Melville” at the Alexey von Schlippe Gallery of Art at UConn Avery Point. (Kimberly Phillips/UConn Today)
Then, at 6 p.m. on Wednesday, June 18, “Does the Whale Diminish? – Will He Perish? Cross-Disciplinary Currents in Conversation” will offer a panel discussion with Anne Cohen from the Massachusetts Institute of Technology and Woods Hole Oceanographic Institution, conservation biologist and author Joe Roman, and Portuguese marine researcher Rui Prieto.
The closing plenary address at 4 p.m. on Thursday, June 19, also is open to the public. It features Lenora Warren from Cornell University, one of the leading scholars about Melville and race. Her talk, “Melville’s Ghosts,” dovetails with the day also being Juneteenth.
At the Alexey von Schlippe Gallery of Art at Avery Point, the exhibition “Oceanic Melville” comes together thanks to curator and gallery director Jeanne Ciravolo, along with Bercaw Edwards and Robert K. Wallace from Northern Kentucky University.
Ciravolo says she mentioned during a campus faculty meeting more than a year ago that she enjoys making the gallery’s exhibitions interdisciplinary experiences and afterward Bercaw Edwards asked if she was interested in working together on a show to dovetail with the conference.
“I absolutely was,” Ciravolo says. “I’m a reader. I once thought I’d be an English teacher, but I became an artist, so to have the opportunity to marry literature plus art is very unusual for me and special.”
About two dozen framed artworks on loan from The Melville Society, which houses its collection at the New Bedford Whaling Museum in Massachusetts, are part of the show, along with several artists’ books, Ciravolo says, noting that most of the pieces relate to “Moby-Dick.”
This includes three full-color pieces from artist George Klauba, prints from sculptor and graphic artist Leonard Baskin, and an abstract piece, “Skin’s Path/Moby Dick,” from artist Aileen Callahan, a charcoal on paper that depicts the damaged skin of a whale that’s been beaten with time.
“The idea is to always get a mix of things, a variety of style and media, into the gallery,” Ciravolo says, explaining she and Bercaw Edwards visited the New Bedford Museum to pour through The Melville Society’s full collection, as well as the Museum’s Elizabeth Schultz Collection, and select the most powerful artworks from watercolor to printmaking.
“The scholars who are coming are going to appreciate seeing these artworks,” Ciravolo says. “I love that it will be a generative experience for them and that the public will have the chance to see this very interesting show. We’re here on Long Island Sound, near the whaling center of New England, so it’s a perfect place for this.”
The AVS Gallery is open Thursdays through Sundays from noon to 4 p.m. in the Branford House at UConn Avery Point. It will have extended hours from noon to 4 p.m. on Monday, June 16, and Tuesday, June 17, during the Melville conference for both participants and the public. The “Oceanic Melville” exhibition is open now through Thursday, June 19.
We are announcing the launch of a new website created to support UConn’s international students, scholars, and employees. It will serve as a central hub for key information, guidance, and resources to help navigate and understand federal immigration updates, as well as related university policies.
The site was created in response to the evolving landscape of immigration policy, and reflects our commitment to keeping you informed and supported.
We encourage you to explore the site and share it with colleagues or students who may find it helpful. The site, Support for UConn’s International Community, will be updated regularly with new information and resources as they become available.
If you have suggestions or additional needs, please reach out to any of the following offices:
In recent weeks, there have been several significant immigration developments affecting institutions of higher education. These include a reported pause in expanding visa appointment availability for international students; new executive branch vetting procedures that may apply to international employees, including potential Requests for Evidence (RFEs) for biometric data such as photographs, fingerprints, and signatures; a public statement regarding possible visa revocations for certain Chinese students; and most recently, a presidential proclamation limiting travel and entry from 19 countries.
We want to reassure our community that we are actively monitoring these developments and are working diligently to provide timely communication and support to those who may be affected.
International Student and Scholar Services, Human Resources, the Dean of Students office, and UConn Health’s International Office will host an informational webinar to review the recent executive actions in greater detail. We invite you to join us on Tuesday, June 10, from noon to 1 p.m. You can access the webinar here.
UConn is committed to fostering a welcoming and supportive environment for all our faculty, staff, students, and visiting scholars. We hope this resource will help you stay informed as we continue to navigate these evolving challenges together.
DURHAM, N.C., June 10, 2025 (GLOBE NEWSWIRE) — ServiceTrade, Inc., the field service management platform that enables commercial service contractors to build stronger, more profitable businesses, today announced powerful new functionality that brings sales, service delivery, invoicing, and customer service together in one fully integrated system—streamlining operations and driving stronger, more profitable growth.
ServiceTrade’s end-to-end platform now enables sales teams to easily create detailed asset-based service proposals with customized preventative maintenance schedules and tiered pricing options. Once approved, proposals are automatically converted into executable contracts, allowing teams to schedule, deliver, and manage the work without delay. The new functionality bridges the gap between sales and service operations, unlocking more efficiency and profitability.
“Sales and service alignment is no longer a nice-to-have—it’s a competitive advantage,” said Brook Bock, Chief Product Officer at ServiceTrade. “The integration of sales functionality with our field service management platform gives contractors total visibility across their customer lifecycle, encompassing sales proposals, equipment history, contract terms, scheduled maintenance, service delivery, and invoices—all within one system. The results include more deals with the most profitable customers, higher close rates, fewer missed revenue opportunities, and sustainable growth.”
In many commercial contracting businesses, sales and service teams operate within disconnected systems, resulting in costly delays, lost details, and missed opportunities. Redundant data entry slows down sales and field service operations, while limited visibility into customer contracts and equipment lifecycles leaves revenue on the table.
By combining proposal generation and funnel management tools with ServiceTrade’s best-in-class service operations engine, commercial contractors gain a seamless, end-to-end workflow—from proposal to completed job. ServiceTrade’s comprehensive functionality supports growth for commercial contractors by:
Accelerating contract execution by eliminating friction between sales and service handoffs.
Streamlining operations, eliminating duplicate data entry, and reducing administrative overhead via a single, end-to-end customer record.
Combining multiple site estimates into a single, professional proposal, thereby simplifying the sales process for corporate, government, or multi-site customers.
Increasing sustainable revenue and profit while maximizing the value of long-term customer agreements.
Capturing a higher margin by ensuring sales commitments are executed efficiently in the field.
BLUEHAT MECHANICAL GROWS WITH SERVICETRADE
“Before ServiceTrade, we’d lose momentum between quoting a job, delivering it, and securing our next service with that customer,” said Karim Nice, owner of BlueHat Mechanical, a leading mechanical service contractor in North Carolina. “Now, with one connected system, our teams are fully aligned, we’re capturing more opportunities, and our revenue flow is smoother and more predictable than ever.”
ABOUT SERVICETRADE
ServiceTrade helps commercial service contractors build stronger, more profitable businesses. With over a decade of category leadership and more than 1,300 customers, ServiceTrade’s end-to-end platform streamlines operations from the field to the back office, improves technician productivity, and strengthens customer relationships from contract to invoice. ServiceTrade powers the modern commercial contractor. Learn more at www.servicetrade.com.
Stockholm, 10th of June 2025 – Today Virtune announces that it has finalized its monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated (ISIN code SE0020052207, ticker name VIR10SEK) and the EUR-denominated (ISIN code SE0020052215, ticker name VIR10EUR) ETP.
In addition to the Virtune Crypto Top 10 Index ETP, Virtune’s product portfolio includes:
In connection with this month’s rebalancing, there is change in the crypto assets included in the index. Stellar has entered the index. Virtune Crypto Top 10 Index ETP SEK outcome for May was +14.58%.
The rebalancing is carried out according to the index that the ETP tracks, the Virtune Crypto Top 10 Index. The purpose of the monthly rebalancing is to ensure that the ETP always reflects the current market conditions and to effectively absorb volatility in the crypto market.
In May, the crypto market continued to show strength, led by Ethereum with a notable gain of +41.1%. Uniswap also rebounded significantly, increasing by +15%. Bitcoin posted a solid rise of +11.1%, followed by Solana and Litecoin with gains of +6.11% and +4.29%, respectively.
The performance of the crypto assets included in Virtune Crypto Top 10 Index ETP in May:
Virtune’s crypto index ETP is the first of its kind in the Nordic region. The ETP includes up to 10 leading crypto assets that are part of the Nasdaq Crypto Index, based on their total market capitalization, with a maximum weight of 40% per crypto asset to promote diversification. This allows investors to benefit from broad exposure to the crypto market without being heavily concentrated in any single crypto asset.
If you, as an (institutional) investor, are interested in meeting with Virtune to discuss the opportunities our ETPs offer for your asset management services or to learn more about Virtune and our ETPs, please do not hesitate to contact us at hello@virtune.com. You can also read more about Virtune and our ETPs at www.virtune.com and register your email address on our website to subscribe to our newsletters, which cover updates on Virtune’s upcoming ETP launches and other news related to digital assets.
Press contact Christopher Kock, CEO Virtune AB (Publ) Christopher@virtune.com +46 70 073 45 64
Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.
Cryptocurrency investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms atwww.virtune.com.
Yaoundé, May 8, 2025 – Cameroon has taken a major step toward ocean protection by signing, on May 2, 2025, the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement). This agreement aims to establish a global, legally binding framework for the preservation of biodiversity in the high seas.
The news comes just weeks before the United Nations Ocean Conference (UNOC), strengthening Cameroon’s position on the international stage in ocean governance. “The Cameroonian government’s signature is a glimmer of hope for the future of our oceans,” says Dr. Aliou Ba, Oceans Campaign Lead at Greenpeace Africa. “We now hope for swift ratification so that this commitment can become reality.”
The signed agreement is part of a global movement to close the legal gap surrounding international marine areas. It establishes binding rules to protect species, regulate human activities on the high seas and enhance scientific cooperation.
However, vigilance remains crucial at the national level. A recent Mongabay investigation, published in April 2025, revealed serious threats to the Manyange na Elombo Campo Marine Park —the first marine protected area in Cameroon. This site, located near Kribi, is currently under threat from a controversial iron mining project.
“This example highlights the contradictions between political commitments and on-the-ground realities,” notes Dr. Ba. “The treaty’s signature alone is not enough. It must be followed by strong measures to protect coastal areas and marine resources.”
With 500 kilometers of coastline along the Atlantic Ocean, Cameroon is home to remarkable marine biodiversity: over 500 fish species, marine mammals, and plankton-rich ecosystems. These vital resources are now under threat from industrial exploitation, pollution and the effects of climate change.
Greenpeace Africa is urging Cameroonian authorities to turn this signature into concrete action: strengthening conservation mechanisms, monitoring marine activities and honoring international commitments.
“We applaud Cameroon’s example and call on other African nations to follow suit. This treaty is a historic opportunity for Africa to play a leading role in ocean protection—for the benefit of communities, biodiversity, and future generations.” concludes Dr. Ba.
Media Contact:
Luchelle Feukeng, Communication and Storytelling Manager, [email protected], +237 656 46 35 45
City of Wolverhampton Council will carry out the works at the site’s West Chapel and East Chapel at separate times, with the aim of causing minimum disruption at the site.
Cremations and services will continue at Bushbury Crematorium throughout the refurbishments. Work will not affect burials taking place within Bushbury Cemetery.
Each chapel will be closed for a 4 week period beginning with the West Chapel, which will close from Monday 30 June until Friday 25 July. This will be followed by the East Chapel, which will close from Monday 28 July until Friday 22 August.
West Chapel will have new carpets, new curtains around the catafalque, refreshed paintwork, improvements to the windows to prevent sun glare and renovations to the floor at the entrance to the chapel.
East Chapel will have new carpets, a full repaint, new lights in the entrance hall and a new oak door to match the existing chapel doors. The refurbishment works also include cleaning out and repair or replacement of guttering at both chapels.
The works follow the update to the Remembrance Room, located near the flower terrace on the East Chapel. The flower terrace will remain open for those who regularly place flowers overlooking the Garden of Remembrance.
Councillor Bhupinder Gakhal, cabinet member for resident services at City of Wolverhampton Council, said: “These are important refurbishment works that will improve both chapels at Bushbury Crematorium.
“The works have been planned to try and avoid as much disruption as we can for families as we are very aware that attending a service or visiting a loved one can be a difficult and sensitive time.
“Cremations, services and burials will continue as usual and we hope that by alternating the work on the chapels, people will still feel welcome and comfortable at the crematorium. In addition, our bereavement services team will be available to answer any questions or concerns.
“We thank people for their understanding during this time and we can reassure families that this refurbishment work will improve the chapels for services and periods of reflection.”
Source: Novosibirsk State University – Novosibirsk State University –
The webinar “The Impact of Mobile Devices on Human Well-Being” was conducted by neurologist, manual therapist of the Medical Scientific and Educational Center of the Institute of Medicine and Medical Technologies of the Novosibirsk State University Alexey Tamchuk. He spoke about the consequences of improper use of smartphones and the mechanisms of influence of mobile gadgets on human health, and also explained how you can independently minimize their harmful effects on the body, and in which cases you cannot do without the help of specialists.
— Mobile phone use is a mass phenomenon. By 2024, there were about 4.88 billion mobile phone users in the world, which is 60.42% of all the planet’s inhabitants, including infants and the elderly. Accordingly, all the effects of mobile devices are of a mass nature. A person with a smartphone in his hands, scrolling through the news feed in every free minute, is a common phenomenon. But spending a long time in this position is, at the very least, unphysiological. Researchers do not consider the mobile phone itself as a direct cause of diseases, but it may well be a risk factor, adding its contribution to the “piggy bank” of negative effects on the body, which in total lead to various unpleasant consequences, — explained Alexey Tamchuk.
The first to suffer are vision, the musculoskeletal system, the nervous system and the psyche. The strain on the eyes is the most obvious. With excessive use of the phone, especially if you bring it too close to the eyes or too far from them, there is a strain on the visual apparatus, which causes a spasm of the ciliary muscles, which change the curvature of the lens. As a result, accommodation and convergence are disrupted. To be more precise, accommodation is the ability of the eye to focus on objects located at different distances, which ensures clear vision. This process allows light to refract correctly and form an image on the retina. And convergence is the reduction of the pupils to the bridge of the nose when examining an object close up or while reading. This function, like accommodation, is part of binocular vision. In both cases, when we finally look away from the smartphone, looking into the distance, we see a blurry picture.
It has been noted that when using a mobile phone, a person blinks twice less often than in everyday life. For this reason, the cornea of the eye dries out and there is a feeling as if there is sand in the eyes. This leads to reddening of the sclera and painful sensations.
The listed vision changes are reversible, they can disappear if you give your eyes a rest or choose glasses. If this rest is insufficient, such “fatigue” can precede the development of more serious conditions. For example, myopia (nearsightedness, when a person sees poorly in the distance, but sees well up close) or macular degeneration (a group of diseases in which the retina is affected and central vision is impaired). The latter can occur due to the accumulation of lipofuscin when blue light affects the retina, which leads to dystrophy of the middle part of the retina and accelerated aging of the visual organ as a whole. In this case, the perception of light and color is impaired, and visual acuity is significantly reduced. Rest and wearing glasses will not help here.
– The blue spectrum of light from the screen of the smartphone can be harmful not only because it leads to eye fatigue. Potential damage to the retina is also associated with it. The main source of blue light is the sun for us, but in nature we never look at the light source, and therefore we do not perceive it to the central department of the retina. At the same time, it is very important, since it regulates circus rhythms, that is, 24-hour cycles that control various biological processes in the body, including sleep, wakefulness, production of hormones, metabolism and other functions. When the blue light falls on the retina, the body is produced in the body, among which is serotonin. This happens in all animals, which, like a person, have a daily type of activity. At night, in the absence of daytime (and, therefore blue) light, a melatonin is produced, which is unofficially called the “hormone of sleep” due to its ability to immerse the body into an altered state of consciousness, providing a full rest. When you spend the clock in the dark or at night in the dark, peering into the smartphone monitor, the consumption of blue light becomes excessive and melatonin is not produced. As a result, sleep architecture is violated – the phases of sleep become shorter, more night awakenings are happening, which the person himself does not remember the next morning, although it later turns out that he not only woke up, but responded to reports on social networks. Such a dream is unproductive, since a number of important physiological processes do not occur. There is no restoration of the nervous and endocrine systems, a body weight set, hypertension develops, intraocular pressure does not decrease, which can be very harmful to people predisposed to hypertension, ”explained Alexei Tamchuk.
Smartphone addiction can lead not only to vision impairment. With prolonged forced position of the hands, the function of the median and ulnar nerves can be impaired. Numbness and pain in the fingers and then the wrists appear. Subsequently, motor symptoms, including weakness, can join the sensory symptoms. Long stay in the same non-physiological position leads to tension of the muscles of the cervical-collar region, which causes discomfort, can be combined with headaches, gradually this condition can be joined by symptoms of narrowing of the intervertebral canal – pain in the neck, lower back, arms and legs, numbness of the shins and feet, weakness and fatigue in the legs, burning, tingling and pressure in the legs, impaired sensitivity in the limbs, problems with balance. Excessive use of the smartphone also causes an increase in the level of situational anxiety, apathy and irritability. Quite often, a condition called phubbing occurs – when a person is distracted by their gadget during a live conversation, paying primary attention to it, while trying to maintain a conversation. At the same time, the person constantly checks the phone, texts, scrolls through social networks or views content, ignoring the presence and words of the interlocutor. In parallel with this, there is a decrease in academic performance, emotional-volitional disorders and a deterioration in general well-being.
Alexey Tamchuk told how to build the right relationship with a smartphone using a cognitive-behavioral approach. It is necessary to set a screen time counter. Time flies when you are browsing news feeds and communicating on social networks, so it is best to control it. It would also be useful to set up a “reading”, “book reading” or “eye protection mode” mode on your smartphone, where there is less blue light spectrum and warmer shades. The gadget should be held at a distance of 30-40 cm from the eyes, using comfortable stands if necessary.
— It is essential to split up your phone’s screen time — take 20-20-20 breaks: after every 20 minutes of focusing your gaze on the smartphone screen, look away for 20 seconds, at a distant object, and look into the distance. It is also recommended to blink more often while spending time with a smartphone, but it is quite difficult to develop such a habit by consciously ordering yourself to blink, — advised the webinar host.
To prevent insomnia, Alexey Tamchuk advised not to use a smartphone 2 hours before bedtime and generally put it away at night. You shouldn’t fall asleep with a gadget by your pillow, so as not to be tempted, while falling asleep, to check messages for the very last time or scroll through the news feed a little. Can’t fall asleep? Read a book. And better yet – not a detective story, but a serious one. As a rule, healthy sleep comes quickly from smart books.
Unfortunately, smartphone addiction is not a myth, but a reality, so the user cannot always cope with this problem. In some cases, the help of specialists is required. For example, with persistent disorders in the emotional sphere, the patient may need the help of a psychotherapist or even a psychiatrist. And if sensitivity disorders, pain in the musculoskeletal system, headaches, dizziness, memory impairment, or other incomprehensible symptoms occur, you should visit a neurologist to clarify the causes. Regular systematic examinations by an ophthalmologist should also be carried out. Alexey Tamchuk noted that the Medical Scientific and Educational Center of NSU has everything to solve such problems.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Source: United States House of Representatives – Congresswoman Ashley Hinson (IA-01)
Washington, D.C. – Congresswoman Ashley Hinson (R-IA-02) and Congresswoman Sheila Cherfilus-McCormick (D-FL-20) introduced the Specialist Fourth Class Keith Smith Glioblastoma Parity Act, which amends the PACT Act to ensure Vietnam War veterans who were exposed to Agent Orange can access critical benefits for glioblastoma, a rare and aggressive form of brain cancer.
The bill, named in honor of Specialist Fourth Class (SP4) Keith Smith, was inspired by a letter Congresswomen Hinson and Cherfilus-McCormick received from his widow, Linda Smith, an Iowa resident. SP4 Smith, a Vietnam veteran exposed to Agent Orange, died from glioblastoma—a condition not currently recognized under the PACT Act for Agent Orange exposure. As a result, he was denied critical benefits. Linda Smith now advocates to ensure no other veteran or family faces the same injustice.
“This was Keith’s wish─to help other Vietnam veterans affected by Agent Orange. Adding glioblastoma to the list of presumptive conditions as part of the PACT Act would help fulfill that wish.” – Linda Smith.
“Ensuring our veterans receive the benefits they have earned remains a top priority for me. I was proud to support the PACT Act to expand access to care for those exposed to toxic substances, but more work remains. Glioblastoma is not recognized as a presumptive condition under the PACT Act for Agent Orange exposure, despite mounting evidence. I had the honor of speaking with Linda Smith of Independence, Iowa—the widow of Specialist Fourth Class Keith Smith, who tragically passed away from Glioblastoma. SP4 Smith served our country with pride and honor, but under the current PACT Act, he was still unable to receive the health care he deserved. I’m humbled to co-lead this bipartisan effort to update the law and ensure all veterans have access to the highest quality care. Naming this bill in SP4 Smith’s honor is a deserving tribute to his life and service, and an opportunity for Iowans and all Americans to help save lives while honoring one of our own.” –Congresswoman Ashley Hinson
“When our veterans serve, we make a promise to stand by them—not just in war, but long after they return home. Specialist Fourth Class Keith Smith answered that call with courage in Vietnam, risking everything in service to our nation. This bipartisan bill is more than legislation—it’s a solemn commitment to honor his legacy, uplift his memory, and ensure that no veteran is forgotten. By recognizing his sacrifice, we reaffirm our duty to all those who have served and continue to serve, and we take a meaningful step toward keeping the promises we’ve made.” – Congresswoman Cherfilus-McCormick
“The Military Aviator Coalition for Health (MACH) is proud to endorse this critical piece of legislation. Glioblastoma claims far too many veteran lives annually. This bill is a huge step in rectifying past disparities and honoring the tremendous legacy of SP4 Smith.” – COL. Vincent Alcazar, USAF (ret.), Founder and Director of MACH
“The Invisible Enemy proudly supports the Specialist Fourth Class Keith Smith Glioblastoma Parity Act introduced by Congresswomen Cherfilus-McCormick and Hinson. Glioblastoma has affected many servicemembers, whether due to Agent Orange on the battlefield or radiation at the Nevada Test and Training Range (HB 1400). We are deeply grateful to the Members of Congress who continue to support veterans by recognizing glioblastoma as a presumptive condition related to their service. These efforts bring hope and long-overdue recognition to those who have sacrificed in silence.” – David Tilem, Executive Director of the Invisible Enemy
Source: Northern Territory Police and Fire Services
Canberra will welcome more electric buses plus improved safety measures for bus drivers and commuters.
In brief:
The 2025–26 ACT Budget invests in the city’s public transport system.
Thirty new electric buses will be added to Canberra’s bus fleet, and more services added.
There will be new measures to improve the safety of bus drivers and commuters.
2025–26 ACT Budget funding will see more electric buses added to the city’s public transport network.
The ACT Government will also invest in measures to improve safety for bus drivers and commuters.
Strengthening Canberra’s public transport network
The Budget will fund the addition of 30 new battery electric buses.
These will join the city’s growing public transport network. This now includes Australia’s largest purpose-built zero-emissions bus depot in Woden.
The new buses are part of the ACT Government’s plan for a truly integrated transport system.
The plan sees light rail forming the spine of the city with electric buses connecting the suburbs.
More Sunday bus services
The Budget sets the foundation for bus service changes on Sundays.
Funding will support more frequent Sunday services, increasing public transport options for Canberrans.
This will begin during Term 3 this year.
This is part of the ACT Government’s broader plan to deliver more public transport services more often, including:
20-minute local services
future new Rapid services.
Making bus travel safer for all
The Budget includes funding for measures to improve safety on ACT buses. This will include:
a dedicated bus safety team with new frontline staff
expanded training for bus drivers
upgraded cabin protection screens across the Transport Canberra bus fleet.
This supports practical measures to improve safety. It also recognises and supports bus drivers’ important role in the community.
Extra transit enforcement and network officers will be deployed across the bus network.
This will increase the visibility of staff and help deter violence and anti-social behaviour.
Expanded specialist de-escalation training will help empower bus drivers.
The addition of upgraded protective screens in all buses will provide a better physical barrier for drivers. This will help protect them from abuse or assault.
Fare compliance activities will be similar to those in place on light rail.
This commitment will help ensure a better, safer public transport system, with more services, more often.
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The IAEA’s Annual Report and the Technical Cooperation Report for 2024 were presented to the Board, showcasing the Agency’s work in science, international cooperation and innovation.
The 2025 Rays of Hope Forum will be held in Ethiopia at the end of June and provides an opportunity to take stock of what has been achieved over the past three years, as well as to foster collaboration and further mobilize resources. Rays of Hope aims to expand access to affordable cancer care where it is needed most; supporting countries in providing life-saving radiotherapy and building the capacities of radiation medicine professionals. More than 90 countries have requested support under the initiative.
The IAEA will continue to work with partners on Atoms4Food, its joint initiative with the United Nations Food and Agriculture Organization to fight world hunger, Mr Grossi said. Part of the initiative, the Joint FAO/IAEA Centre of Nuclear Techniques in Food and Agriculture supports the use of nuclear technologies to boost global food security and sustainable agricultural development.
Speaking about NUTEC Plastics, the IAEA initiative to combat plastic pollution, Mr Grossi said: “At this week’s UN Ocean Conference, we are showing what we are doing in very concrete terms to fight plastic pollution through new technology.”
The IAEA is harnessing the power of nuclear technologies involving radiation to improve recycling and create bio-based plastics, which offer a sustainable alternative to conventional petroleum-based plastic products.
With support from the NUTEC Plastics initiative, 104 Member States now use nuclear technologies to monitor microplastics, while 52 are collaborating with the IAEA on upcycling efforts.
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the media-tech platform at the intersection of gaming, college sports, and Gen Z engagement, today announced that it plans to develop a Name, Image, and Likeness (NIL) initiative that is designed to help student-athletes of all backgrounds monetize their personal brand. The Company is exploring developing such initiatives through digital collectibles and blockchain-backed experiences.
This initiative builds on Brag House’s creation of a new digital sports medium through its strategic partnership with Learfield, which partnership provides the Company with the opportunity to deliver interactive events and branded campus experiences across more than 200 NCAA college campuses, most of which are Division 1. While the NCAA’s 2021 ruling enabled student-athletes to profit from their NIL rights, the Company believes that the vast majority of the active NCAA athletes do not receive meaningful NIL compensation.
“We’ve created a new lane where college gaming and school spirit intersect,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “As a former student-athlete, I deeply understand the value of building a personal brand, but also how few athletes truly get to benefit. Brag House was built on the idea of inclusivity, and we believe it’s time to level the playing field.”
A New Kind of NIL Model
The Company’s NIL initiative would aim to empower student-athletes to connect directly with fans and generate new revenue. One route the Company is considering is to offer authenticated digital collectibles and unique fan experiences. Through this, student-athletes could create and share digital assets like signature highlight reels, exclusive game-day access passes, and personalized memorabilia. They will benefit by retaining a majority of the earnings from initial sales and receiving a share of revenue from any future fan-to-fan resales.
Brag House’s aim would be to simplify the creation process of digital collectibles and blockchain-backed experiences through a no-code interface, while incorporating compliance tools tailored to NCAA, state, and school guidelines to ensure ease of adoption.
Considerations for implementation include utilizing a smart contract infrastructure and blockchain technology to deliver transparency, efficiency, and secure payments directly to student e-wallets.
Brag House may further consider implementing its NIL platform using a treasury strategy such as one built on Ethereum. This approach could support athlete education, loyalty rewards, and long-term platform sustainability through yield-generating digital assets. It should be noted, that Brag House recognizes that there are alternative blockchains that may offer lower fees and faster transactions. Ultimately, Brag House will focus on maturity, security, and post–Proof-of-Stake sustainability given the need for trust and transparency in student-athlete programs.
Regardless, this initiative would ultimately use secure digital ledger technology to ensure transparency, efficiency, and direct payments straight to student wallets, which means a clear, streamlined process for athletes to share their unique moments and experiences with fans.
Potential Significant Market Tailwinds
Brag House’s expansion comes at a time of rapid growth in both the NIL and digital ownership markets. According to Opendorse, the NIL market reached approximately $917 million in 2022 and is projected to surpass $1.5 billion by 2027. Simultaneously, global NFT trading volume exceeded $24 billion in 2023, with sports collectibles and creator-driven assets representing a fast-growing segment.
With over 20 million college students and half a million NCAA athletes in the U.S., the opportunity to connect student-athletes directly with fans through verified, blockchain-backed assets could be significant. By enabling personalized fan experiences and recurring royalty income, Brag House’s platform aligns with Gen Z’s appetite for authenticity, access, and digital innovation.
“This isn’t about chasing trends,” said Malloy. “It’s about responding to real demand and undeniable data. Our platform already fuels and encourages engagement across Gen Z campuses, and this initiative ensures student-athletes are empowered to share in the value they help create.”
Next Steps: Empowering the Future of NIL
The NIL initiative is currently aimed to pilot with several activations for select campuses in late 2025. The Company expects to release additional updates and invite student-athlete collaborators as it advances its infrastructure and smart contract capabilities.
Brag House plans to continue delivering innovative NIL opportunities through its expanding slate of campus activations, including the Brag Gators Gauntlet Series and branded loyalty token integrations, all designed to empower Gen Z through authentic digital sports experiences.
About Brag House Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. For more information, visit www.braghouse.com.
Media Contact: Fatema Bhabrawala Director of Media Relations fbhabrawala@allianceadvisors.com
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced that it has been named Winner in the Robotics category at the prestigious Singapore Business Review (SBR) Technology Excellence Awards 2025. This recognition underscores Primech AI’s commitment to innovation and leadership in the robotics industry and its ongoing efforts to drive technological advancements that enhance productivity and transform industries.
The SBR Technology Excellence Awards celebrate the achievements of Singapore’s top technology companies and innovators, highlighting organizations that have made significant contributions to the nation’s digital transformation journey. As detailed in the official SBR announcement, this year’s ceremony recognized outstanding projects and solutions shaping the future of technology in Singapore and beyond.
Primech AI’s award-winning robotics solutions have set new benchmarks for efficiency, reliability, and intelligent automation. HYTRON model incorporates the NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications. Known for its compact size and powerful AI capabilities, the NVIDIA Jetson Orin Super facilitates high-energy efficiency and superior AI processing at the edge, empowering HYTRON to deliver enhanced performance in autonomous toilet cleaning. By leveraging cutting-edge artificial intelligence, Primech AI continues to develop advanced robotic systems that address the evolving needs of businesses across multiple sectors.
“We are honored to be recognized by the Singapore Business Review for our contributions to robotics and technology innovation,” said Charles Ng, Co-Founder and Chief Operating Officer at Primech AI. “This award is a testament to the dedication and ingenuity of our team, and it motivates us to continue pushing the boundaries of what robotics can achieve for our clients and the community.”
For more information about the SBR Technology Excellence Awards 2025 and the full list of winners, please refer to the official announcement by Singapore Business Review.
About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visitwww.primech.ai.
About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.
Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company 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 the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company 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 the Company’s registration statement and other filings with the SEC.
ORLANDO, Fla., June 10, 2025 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today provided the following response to last week’s false and misleading short attack.
Our shareholders have been subjected to a false and uninformed short attack. The short seller’s report published on June 4, 2025 makes two key allegations: first, that Abacus relies too heavily on a single life expectancy provider (Lapetus Solutions), and second, that this reliance has significantly inflated our balance sheet valuation. Both are incorrect.
Abacus remains resolute in our process, valuation methodology, and the benefit we provide to both policyholders and investors. Our market coverage analysts share this sentiment as well, and have supported our process with published statements and maintained buy, outperform, or overweight ratings on our stock:
Autonomous/Bernstein: “Abacus Global Management – Morpheus Misleading,” June 4, 2025 (with follow up on June 9, 2025)
Rating: Outperform
Price Target: $12
BRiley: “Abacus Global Management – Take Advantage of Oversold Position,” June 5, 2025
Rating: Buy
Price Target: $15
Piper Sandler: “Shares sink on short report – stock reaction overdone and Abacus responds,” June 4, 2025
Rating: Overweight
Price Target: $12
TD Bank: “ABL’s model, reliant on direct originations and a short holding period, would seem to argue against overvaluation of policies.” June 4, 2025 (with follow up on June 5, 2025)
Rating: Buy
Price Target: $14
Northland: “Abacus Global Management (ABL) Trends in Fair Value, Gains and Other Stuff Tell Positive Story,” June 5, 2025
Rating: Outperform
Price Target: $13.50
In addition to research analyst support, our auditor Grant Thornton has also affirmed our mark-to-market valuation approach for the policies we hold on our balance sheet, and has not seen any reason to revise that opinion since the publication of the short report. It is important to note that the report contained a misleading statement attributed to a Grant Thornton UK CEO. The UK-based company is a separate legal entity from our auditor, Grant Thornton US, and each firm operates independently and manages its own affairs.
Executive Summary
Section 1: Third-Party Analysis Confirms that Lapetus Is Not a Meaningful Input to Our Valuation Model
Section 2: Mark-to-Market Valuation Depends On Much More Than Life Expectancy
Section 3: The Most Recent Market Transactions Confirm the Accuracy of Our Valuation Model
Section 4: Shareholder Commitment to Success of the Business and Anticipated Additions to Russell 2000 and 3000 in August 2025
A core claim of the short report is that “Abacus’ reliance on Lapetus to value its portfolio presents a material risk to the $446 million in claimed life settlements on its books as of Q1 2025.” This is wrong in so many ways, most importantly that Abacus does not “rel[y] on Lapetus to value its portfolio.” And to prove it, Abacus engaged Lewis and Ellis1, a third-party actuarial firm, to review the entire policy balance sheet as stated in our Q1 2025 10-Q filing (over 700 policies), removing all Lapetus life expectancy estimates from the analysis.
For over 55 years, Lewis and Ellis has maintained a sterling reputation and client list with testimonials from organizations including the Ohio Department of Insurance, Arkansas Insurance Department, Maryland Insurance Administration, Americo, Pacific Guardian Life, American Life, American Fidelity, Michigan Department of Insurance, Oklahoma Department of Insurance, and many others.
To produce the valuation, Lewis and Ellis has utilized a discount rate methodology to calculate the net present value of the portfolio. Premium streams, life expectancies (not including Lapetus Solutions), face values of policies and discount rates are all inputs for their analysis. The professionals responsible for producing this valuation are members and meet Qualification Standards of the American Academy of Actuaries.
The new Lewis and Ellis valuation concurred with our prior valuation, resulting in a total policy valuation of $449 million as of March 31, 2025. The valuation provider aligned with a discount rate and range of ±2% as disclosed in the Q1 2025 10-Q filing. The Lewis and Ellis valuation of $449 million falls within a 1% margin of error from our stated valuation of $446 million.
Section 2: The Short Report Confuses Individualized Pricing with Portfolio-Wide Valuations, and Misstates the Relevance of Life Expectancy to Each
Abacus Global Management has developed a sophisticated valuation framework that optimizes for different business objectives at each stage of the asset lifecycle. This dual approach uses life expectancy for consumer-facing transactions while employing market-based valuation for balance sheet management. Life expectancy valuation models assume the value of the asset held to maturity, and thus calculating the maturity date is critically important. On the other hand, the market approach is based on the price of policy sales between informed, intelligent and willing buyers, and willing sellers.
Both approaches have merit. When acquiring policies from consumers, Abacus uses life expectancy estimates to ensure fair pricing, which results in Abacus paying consumers an average of 20.4% of policy face value in 20232, prioritizing fair consumer outcomes. But once policies enter Abacus’s trading portfolio, the company shifts to a market-based valuation system that prioritizes actual market results.
Abacus values its balance sheet using the mark-to-market model. Therefore, the blanket claim in the short report that “The Fair Value Of Life Settlements Depends On Accurately Predicting Life Expectancy” not only collapses the two distinct valuation approaches, it leads the reader to conclude that Abacus values its balance sheet primarily based on life expectancy data. But this ignores the clear description of the Abacus valuation approach in its Consolidated Financial Statements, included in the Company’s most recent 10-K: “The Company determines fair value based on assumptions that market participants would use in pricing an asset or a liability in the principal or most advantageous market.”
In accordance with U.S. GAAP, Abacus’ balance sheet valuation model estimates the price it would receive on the sale of its life settlement policies based on applying data it has from actual policy trading activity, and then applies this and other data to inform its assumptions of what a buyer would pay if it used primarily a discounted cash flow and life expectancy analysis, which results in the reported discount rate. As such our balance sheet valuation model is not driven solely by life expectancy estimates or forecasted discount rates3. Our calculation of fair value for purposes of balance sheet valuation results from data that we observe in the market for life settlement policies, drawing on our experience of prior deals with our trading partners, institutional and representatives of a large, growing market, including the largest private credit asset managers, global alternative asset managers, family offices, insurance companies, and reinsurers.
Consumer Purchase Stage: Life Expectancy Optimization
Why This Hybrid Approach Works
Traditional life settlement models suffer from a fundamental mismatch: they use the same methodology (life expectancy projections and selected discount rates) for both consumer fairness and active trading portfolio accuracy. Abacus recognizes these require different tools:
Consumer Transactions Need Predictive Models: Life expectancy estimates help ensure fair pricing when purchasing from consumers who deserve transparent, actuarially-sound offers.
Trading Portfolios Need Market Reality: Active trading strategies require balance sheet valuations based on actual transaction history, not theoretical projections that can shift with model updates.
This dual methodology perfectly supports Abacus’s core strategy as an active life settlement market-maker:
High Portfolio Turnover: Target balance sheet turn of ~2x annually, making market-based marks more relevant than hold-to-maturity projections
Daily Trading Activity: Real-time valuation accuracy matters more than long-term actuarial estimates for a short-term strategy
Revenue Structure: Unrealized gains require marks that reflect actual selling capability
The Strategic Result
Abacus has solved the life settlement industry’s core valuation dilemma by recognizing that consumer fairness and active balance sheet accuracy require different approaches. This isn’t a compromise—it’s an optimization that delivers better outcomes at both stages.
Section 3: The Most Recent Market Transactions Confirms the Accuracy of the Company’s Fair Value Approach
Abacus operates an active life settlement trading business, continuously acquiring and disposing of life insurance policies to optimize balance sheet returns and maintain target return on equity metrics. This means it is ideally positioned to provide a check on its own fair value accounting. And our actual realized results support our valuation. This quarter, Abacus has sold polices at prices that match its mark-to-market approach. In Q2, through June 2nd, Abacus sold 226 policies for a total $141.4 million. As of March 31, 2025, those sold policies had an estimated balance sheet value of $139.1 million. Not only was Abacus able to crystalize its mark, but it has also realized an incremental gain of 1.65%.
As Abacus is continuously in the market buying and selling policies, at any given time, a portion of its revenue will be unrealized if it is still holding policies it hasn’t sold. Further, if Abacus continues to grow its portfolio by recycling the capital from policy sales, cash flow from operating activities will likely be negative. This may change in the future.
Section 4: Executives and Shareholders Are Aligned on Creating the Brightest Possible Future for Abacus
We appreciate the investor concerns around the coming expiration of the share lock-up, which the short report described as an opportunity for “cashing out.” Jay Jackson, Sean McNealy, Scott Kirby, and Matt Ganovsky collectively own approximately 46% of the outstanding shares. They accepted two-year restricted lock-ups at the time of the deSPAC transaction. This lengthy lock-up period was double the average of any share lock-up compared to any other company, both IPO and deSPAC. The lock-up expires on July 3, 2025. The restriction period ends during a blackout period which will continue until our post-earnings release which is expected in August.
The expiration of the lock-up period does not mean that the founders and senior management are about to cut and run. Just the opposite: these large shareholders are looking forward to the expiration of the lockup not so they can “cash out,” but so they can take the company to its next milestone.
These shareholders and the Board understand that the Russell 2000 and Russell 3000 now require the expiration of the longest lock-up period before a stock can be listed as part of their indices. Abacus believes the positive impact of index inclusion would be beneficial to shareholders. If Abacus maintains the current course with respect to the lock-up expiration, we expect to be added to these indices in August 2025.
Nonetheless, should these large block holders wish to sell shares in the future, we are committed to working closely with our shareholders and institutional investment partners on a purposeful, transparent, and organized sale of shares if one were to occur. We have committed over two decades of service to this company, and our intent is to recognize the highest valuation possible. Our 2025 Board-approved compensation is heavily equity-based and incentivized to increase value to our shareholders through both increased revenue and adjusted net income, as well as company market capitalization.
Conclusion
In summary, Abacus strongly refutes the misleading and incorrect claims made by the short seller. We are supported by outside market research analysts, third-party actuarial firms, our auditor, and our transparent accounting methodology used in fair market reporting driven by mark-to-market valuations.
Abacus is a leading alternative asset manager, market maker, technology company, and growing private wealth manager. We will not allow this distraction to slow our growth and expansion.
Forward-Looking Statements
All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Abacus. Forward-looking information includes, but is not limited to, statements regarding: Abacus’s financial and operational outlook; Abacus’s operational and financial strategies, including planned growth initiatives and the benefits thereof, Abacus’s ability to successfully effect those strategies, and the expected results therefrom. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).
While Abacus believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: the fact that Abacus’s loss reserves are bases on estimates and may be inadequate to cover its actual losses; the failure to properly price Abacus’s insurance policies; the geographic concentration of Abacus’s business; the cyclical nature of Abacus’s industry; the impact of regulation on Abacus’s business; the effects of competition on Abacus’s business; the failure of Abacus’s relationships with independent agencies; the failure to meet Abacus’s investment objectives; the inability to raise capital on favorable terms or at all; the effects of acts of terrorism; and the effectiveness of Abacus’s control environment, including the identification of control deficiencies.
These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Abacus with the U.S. Securities and Exchange Commission from time to time, including the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Abacus cautions you not to place undue reliance on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Abacus assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Abacus does not give any assurance that it will achieve its expectations.
About Abacus
Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.
Contacts: Investor Relations Robert F. Phillips – SVP Investor Relations and Corporate Affairs rob@abacusgm.com (321) 290-1198
David Jackson – Director of IR/Capital Markets david@abacusgm.com (321) 299-0716
Abacus Global Management Public Relations press@abacusgm.com
____________________
1 Since going public, Abacus has paid Lewis and Ellis a total of $70,105, inclusive of this valuation engagement. 2 Data as per The Deal. 3 Discount rates are an output imputed from our valuations, rather than input for determining valuations.
Healthpeak Properties, Inc. (NYSE: DOC): A Leading Healthcare-Focused REIT
SAN FRANCISCO, June 10, 2025 (GLOBE NEWSWIRE) — Healthpeak Properties, Inc. (NYSE: DOC) is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate focused on healthcare discovery and delivery. The company owns a national portfolio composed of 700 properties totaling nearly 50 million square feet.
Advisor Access spoke with Scott Brinker, President and CEO of Healthpeak Properties.
Advisor Access:Would you provide an overview of Healthpeak and explain its niche position among REITs?
Scott Brinker: Healthpeak Properties is a leading healthcare-focused REIT with a nearly 50 million square foot portfolio spanning outpatient medical, life sciences, and senior housing. Our properties sit at the intersection of real estate and healthcare innovation…
AA:In 2024, Healthpeak completed a merger with Physicians Realty Trust. What are some of the benefits of this merger?
SB: The merger was driven by a simple question: Are we stronger together than alone? A year later, the answer is a resounding yes.
Financially, the merger has been a huge success. We exceeded our first-year synergy targets by more than 25%, and now expect total synergies north of $65 million…
AA:Healthpeak recently announced a dividend increase at a time when many REITs face headwinds in an environment of higher interest rates and changing market conditions. What sets Healthpeak apart that makes this possible?
SB: Our capital allocation decisions have put our portfolio, balance sheet, and liquidity in an enviable position…
AA:How is Healthpeak positioned for long-term growth and value creation?
SB: We’re aligned with powerful, long-term healthcare trends…
AA:Do you have any final takeaways for our readers on Healthpeak?
SB: At Healthpeak, we focus on delivering mission-critical, irreplaceable healthcare real estate…
RANCHO CUCAMONGA, Calif., June 10, 2025 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven eCommerce service provider and online retailer, today announced a strategic partnership with Borg Rise U.S., a dynamic and fast-growing player in digital content and social media commerce. This partnership marks a key milestone in iPower’s strategy to expand its omnichannel presence through influencer-driven and content-based sales models across platforms like TikTok, Instagram, and YouTube.
Borg Rise U.S., with its strong network of content creators, livestreaming infrastructure, and experience in cross-border digital commerce, will collaborate with iPower to build and scale innovative social commerce campaigns. These campaigns will bridge content and conversion, enabling more direct, engaging, and high-converting consumer experiences.
“We’re excited to team up with Borg Rise U.S. to unlock the potential of social-driven retail,” said Lawrence Tan, CEO of iPower. “This collaboration strengthens our ability to connect brands with audiences where they spend their time and attention—on social media—by turning inspiration into seamless purchasing.”
Under this partnership, iPower and Borg Rise U.S. will work together to:
Co-develop influencer campaigns, live selling initiatives, and digital storefronts
Expand iPower’s SuperSuite service offerings into social commerce enablement
Leverage content performance data to enhance targeting and personalization
Onboard emerging brands and help them scale through creator ecosystems
This strategic alliance is expected to further iPower’s mission to empower sellers and entrepreneurs with the tools, data, and distribution channels needed to thrive in today’s evolving digital retail landscape.
About iPower Inc.
iPower Inc. is a tech and data-driven online retailer, as well as a provider of value-added eCommerce services for third-party products and brands. iPower’s capabilities include a full spectrum of online channels, robust fulfillment capacity, a nationwide network of warehouses, competitive last-mile delivery partners, and a differentiated business intelligence platform. For more information, visit www.meetipower.com.
About Borg Rise U.S.
Borg Rise U.S. is a next-generation digital commerce company focused on livestreaming, influencer marketing, and cross-border social commerce. With strengths in content development, platform operations, and community-driven conversion, Borg Rise U.S. empowers brands to unlock growth through immersive digital experiences.
Forward-Looking Statements
All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that iPower believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. iPower undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although iPower 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 iPower 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 and performance in iPower’s most recent Report on Form 10-K and in its other SEC filings.
CAMBRIDGE, Mass., June 10, 2025 (GLOBE NEWSWIRE) — MetaVia Inc. (Nasdaq: MTVA), a clinical-stage biotechnology company focused on transforming cardiometabolic diseases, today announced that Hyung Heon Kim, President and Chief Executive Officer will present a company overview live at the Life Sciences Virtual Investor Forum hosted by VirtualInvestorConferences.com, taking place June 11-12, 2025.
DATE: Wednesday June 12, 2025 TIME: 1:00 – 1:30 pm ET LINK:REGISTER HERE Available for 1×1 meetings: June 12, 13, and 16
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
To schedule a meeting with management outside of this event, investors can contact Michael Miller at mmiller@rxir.com.
Recent Company Highlights
May 2025: Closed a private placement, which resulted in aggregate gross proceeds of $10 million priced at-the-market under Nasdaq rules.
May 2025: Presented data from the 16-week Phase 2a clinical trial of DA-1241 in patients with presumed MASH in a late-breaking poster presentation at EASL Congress 2025. In this trial, DA-1241 significantly decreased plasma ALT levels, with a mean reduction of 22.8 U/L at 16 weeks, the Controlled Attenuation Parameter (CAP) Score improved by 23.0 dB/m, indicating reduced liver fat content, while an improvement in FibroScan-AST (FAST) score and NIS-4, supports beneficial effects on liver health.
April 2025: Reported additional, positive top-line results from the 4-week MAD Part 2 of its Phase 1 clinical trial of DA-1726 for the treatment of obesity further demonstrating its best-in-class potential. DA-1726 demonstrated a clear dose-responsive trend in body weight reduction across the 8 mg to 32 mg range, indicating potentially greater efficacy at higher doses and longer duration of use. Additionally, body mass index, which shows body weight adjusted for height, showed a difference between the treatment group and the placebo group, which was even more pronounced, further supporting the dose-dependent effect of the drug on weight-related outcomes. Of note, DA-1726 did not show any clinically significant increases in heart rate or QTcF changes up to 32 mg at 4 weeks of administration.
April 2025: Announced positive top-line results from the 4-week MAD Part 2 of its Phase 1 clinical trial of DA-1726 for the treatment of obesity. DA-1726 demonstrated excellent safety and tolerability, with positive clinical activity. The cohort receiving 32 mg of DA-1726 with no titration demonstrated a maximum reduction in body weight from baseline ranging up to -6.3%, and a mean body weight reduction of -4.3% at Day 26 (p=0.0005). Four out of six subjects on the 32 mg dose experienced mild gastrointestinal (GI) adverse events (AEs), most of which were resolved after 24 hours of occurrence. There were no treatment-related discontinuations or serious adverse events (SAEs).
About MetaVia MetaVia Inc. is a clinical-stage biotechnology company focused on transforming cardiometabolic diseases. The company is currently developing DA-1726 for the treatment of obesity, and is developing DA-1241 for the treatment of Metabolic Dysfunction-Associated Steatohepatitis (MASH). DA-1726 is a novel oxyntomodulin (OXM) analogue that functions as a glucagon-like peptide-1 receptor (GLP1R) and glucagon receptor (GCGR) dual agonist. OXM is a naturally-occurring gut hormone that activates GLP1R and GCGR, thereby decreasing food intake while increasing energy expenditure, thus potentially resulting in superior body weight loss compared to selective GLP1R agonists. In a Phase 1 multiple ascending dose (MAD) trial in obesity, DA-1726 demonstrated best-in-class potential for weight loss, glucose control, and waist reduction. DA-1241 is a novel G-protein-coupled receptor 119 (GPR119) agonist that promotes the release of key gut peptides GLP-1, GIP, and PYY. In pre-clinical studies, DA-1241 demonstrated a positive effect on liver inflammation, lipid metabolism, weight loss, and glucose metabolism, reducing hepatic steatosis, hepatic inflammation, and liver fibrosis, while also improving glucose control. In a Phase 2a clinical study, DA-1241 demonstrated direct hepatic action in addition to its glucose lowering effects.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (Nasdaq: “STSS” and “STSSW”) (“Sharps”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart safety syringe products to the healthcare industry, today announced that Robert Hayes, CEO, will present live at the Life Sciences Virtual Investor Forum hosted by VirtualInvestorConferences.com, on June 12th, 2025 at 9:30 AM ET.
Sharps recently announced that the Company has commenced shipments under three customer orders tied to previously announced purchase agreements. These shipments represent the Company’s first commercial deliveries and its transition to revenue-generating operations. All products are being manufactured and shipped from Sharps’ facility in Hungary, which has undergone significant upgrades to support high-volume production. Read the update releaseHERE.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
About Sharps Technology: Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety syringe products to the healthcare industry. The Company’s product lines focus on providing ultra-low waste capabilities, that incorporate syringe technologies that use both passive and active safety features. Sharps also offers products that are designed with specialized copolymer technology to support the prefillable syringe market segment. The Company has a manufacturing facility in Hungary. For additional information, please visit www.sharpstechnology.com.
Investor Contact: Holdsworth Partners Adam Holdsworth Phone: 917-497-9287 Email:IR@sharpstechnology.com
FORWARD-LOOKING STATEMENTS: This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” “poised” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity, and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance, or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Virtual Investor Conferences: John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
Source: Africa Press Organisation – English (2) – Report:
PRETORIA, South Africa, June 10, 2025/APO Group/ —
Energade, Hyundai and Uber Join BAL’s Existing Partner Roster that Features Rwanda Development Board, NIKE, Jordan Brand, Wilson, Afreximbank, Castle Lite, Hennessy, RwandAir and ServiceNow.
Semifinals Tomorrow Will Feature Al Ahli Tripoli (Libya) vs. APR (Rwanda) at 4:00 p.m. CAT and Al Ittihad (Egypt) vs. Petro de Luanda (Angola) at 7:00 p.m. CAT.
The Basketball Africa League (BAL) (BAL.NBA.com) today announced the league’s roster of marketing and merchandising partners for the 2025 BAL Playoffs that are underway now at the SunBet Arena in Pretoria, South Africa, and will culminate with the 2025 BAL Finals on Saturday, June 14 at 4:00 p.m. CAT.
The new partners – Energade, Hyundai and Uber – are engaging fans in South Africa throughout the Playoffs and Finals and join the BAL’s existing partner roster that features Foundational Partners Rwanda Development Board, NIKE, Jordan Brand and Wilson, as well as marketing partners Afreximbank, Castle Lite, Hennessy, RwandAir and ServiceNow.
The 2025 BAL Playoffs, which are being held in South Africa for the first time, have featured the top eight teams (https://apo-opa.co/4e0OKOy) from the three conference group phases that were held inRabat, Morocco; Dakar, Senegal; and Kigali, Rwanda in April and May. The semifinals (https://apo-opa.co/3FwN7ePschedule) will take place tomorrow, Wednesday, June 11 when Al Ahli Tripoli (Libya) takes on APR (Rwanda) at 4:00 p.m. CAT and Al Ittihad (Egypt) plays Petro de Luanda (Angola) at 7:00 p.m. CAT. Tickets are on sale now atBAL.NBA.comandTicketmaster.co.za.
Below are highlights of the partner activations throughout the BAL Playoffs and Finals:
Energade
Hyundai
As an Associate Partner of the BAL Playoffs and Finals, Hyundai is featured prominently with vehicle displays in the BAL Fan Zone and at the arena entrance. Fans engaging with the brand have the opportunity to win Hyundai and BAL merchandise and prizes.
Uber
Through theBAL’scollaborationwith Uber Eats, fans can conveniently order food from in-arena vendors right from their seats, with pickup availableata dedicated area onthe concourse.
Afreximbank
As an Official Partner of the BAL, Afreximbank is supporting the off-court development of BAL players through BAL Advance, providing targeted training in areas such as nutrition, mental health, and financial literacy.
Castle Lite
Castle Lite, the Official Beer Partner of the BAL,is engagingfans through a range of on-court and in-arena experiences.
Hennessy
Hennessy, the Official Spirit of the BAL,isengagingfans with a premium courtside experience at The Hennessy Lounge.The Hennessy Loungeisalsohostingthe brand’s guests, including celebrities and influencers.
NIKE
Three-time WNBA MVPA’jaWilsonis giftinggift pairs of her newly launchedNIKEA’Onesneakers to the girlsparticipatingin the BAL4Her U–23campthat is being held in conjunction with the Playoffs and Finals, markingthe first time her shoes arebeingdistributedin Africa.The campis takingplace from June 9–14,with former WNBAplayerEdnieshaCurryreturning as camp directorfor the second consecutive year.
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 10 (Xinhua) — Two squadrons of the Chinese People’s Liberation Army Navy (PLA Navy), led by the aircraft carriers Liaoning and Shandong, conducted training in the western Pacific Ocean and other waters recently, PLA Navy spokesman Wang Xuemeng said on Tuesday.
According to his report, the training was aimed at testing the defensive capabilities of warships in the distant sea zone and their ability to conduct joint combat operations.
This is another training that was organized within the framework of the annual plan and in accordance with international law and practice. The maneuvers are not aimed at any specific country or target, Wang Xuemeng emphasized. -0-
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
LOS ANGELES, June 9 (Xinhua) — About 700 US Marines have been mobilized in connection with protests in Los Angeles, the country’s second-largest city, CNN reported on Monday, citing three sources familiar with the situation.
Marines from 2nd Battalion, 7th Marines, based at Marine Corps Air Ground Combat Center Twentynine Palms, will join thousands of National Guard troops who were activated by U.S. President Donald Trump over the weekend without the consent of the California governor or the mayor of Los Angeles, the statement said.
CNN noted that the deployment of a full battalion of Marines marks a significant expansion in the scale of Trump’s use of the military to demonstrate force against protesters.
Like National Guard troops, the Marines are prohibited from engaging in law enforcement activities, such as making arrests, unless Trump invokes the Insurrection Act, which allows the president to use the armed forces to stop an insurrection or rebellion against federal government, the statement said.
The city of Twentynine Palms is located approximately 220 kilometers east of downtown Los Angeles.
The Marines deployed to Los Angeles will be tasked with protecting federal property and personnel, NBC News quoted two U.S. Defense Department officials as saying, while ABC News reported they are expected to arrive within the next 24 hours.
On Saturday, Trump took emergency action by calling in 2,000 National Guard troops to quell immigration protests in the Los Angeles area, invoking rarely used federal powers and bypassing the authority of California Gov. Gavin Newsom.
About 300 National Guard troops arrived early Sunday in downtown Los Angeles. More than 1,000 protesters clashed with National Guard troops in the city Sunday during demonstrations against immigration enforcement raids that took place across California over the weekend. –0–
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 10 (Xinhua) — Chinese Foreign Minister Wang Yi on Monday congratulated Javier Efrain Bu Soto on his assumption of office as Honduran Foreign Minister.
In his message, he noted that in March 2023, the heads of the two states made a far-sighted strategic decision, opening a new chapter in the history of relations between China and Honduras.
In the more than two years since the establishment of diplomatic relations, the two countries have witnessed rapid development of bilateral relations and achieved fruitful results in bilateral cooperation, which has brought tangible benefits to both peoples, the minister said.
Facts have proven that the establishment of diplomatic relations between China and Honduras is a significant modern achievement with long-term benefits, Wang added.
He said Beijing highly values Tegucigalpa’s commitment to the one-China principle and will continue to support Honduras as much as possible in developing its economy and improving the well-being of its people.
Wang Yi expressed his willingness to establish a strong working relationship with J.E. Bu Soto, jointly implement the important agreements reached by the two heads of state, and continuously improve the level of relations between China and Honduras. –0–
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
VIENNA, June 10 (Xinhua) — At least nine people were killed in a shooting at a school in Austria’s second-largest city of Graz, local media reported on Tuesday.
Several students and teachers were seriously injured, local media reported, citing police. The suspect apparently committed suicide, the reports added.
According to Austria’s largest newspaper, Kronen Zeitung, the incident took place at a school in the Lend district at around 10:00 /08:00 GMT/ on Tuesday.
Local police have been mobilized and a helicopter has been dispatched. The school has been evacuated and there is no further danger, local police said on social media X. –0–
India is poised to make history as Group Captain Shubhanshu Shukla of the Indian Air Force prepares to become the first Indian astronaut in over four decades to travel to space. Selected under the Indian Space Research Organisation’s (ISRO) Human Spaceflight Programme, Shukla will serve as Mission Pilot for Axiom Mission 4 (Ax-4) to the International Space Station (ISS), launching aboard a SpaceX Falcon 9 on June 11, 2025. This mission, reviving the legacy of Rakesh Sharma’s 1984 spaceflight, underscores India’s bold ambition to lead in global space exploration.
Managed by Axiom Space and led by Commander Peggy Whitson of the USA, Ax-4 is a landmark collaboration involving India, Poland, and Hungary, each sending government-sponsored astronauts to the ISS for the first time. Shukla’s role highlights India’s growing prominence in the global space community, focusing on operational readiness, microgravity adaptation, and advanced scientific experiments in space biology and life support systems. His work will include pioneering studies on edible microalgae to explore their growth under microgravity and space radiation, alongside research on cyanobacteria like Spirulina and Synechococcus for self-sustaining life support systems. An ISRO-led project, Voyager Tardigrades, will investigate the resilience of tardigrades in space, aiming to uncover molecular mechanisms for surviving extreme environments. Additional experiments on crop seeds, myogenesis, STEM demonstrations, and sprouts will further bolster India’s space science expertise. These efforts, developed in partnership with ISRO, NASA, and the Department of Biotechnology, are vital for long-duration missions and align with India’s Gaganyaan Programme, targeting a crewed mission to Low Earth Orbit by 2027.
The Gaganyaan Programme, backed by a ₹20,193 crore budget, is India’s flagship initiative for indigenous human spaceflight. It aims to develop and validate technologies for safe crewed missions, with a vision to establish the Bharatiya Antariksh Station by 2035 and achieve a crewed lunar landing by 2040. Four Indian Air Force test pilots—Group Captains PB Nair, Ajit Krishnan, Angad Pratap, and Shukla—have completed rigorous training. As of May 2025, the programme is in its final phase, with the Human-rated LVM3 vehicle, Crew Escape System, and Crew Module undergoing final testing for a planned 2027 launch. Gaganyaan is expected to drive technological innovation, industrial growth, and high-tech job creation, while inspiring future generations in STEM fields.
India’s space programme has already achieved remarkable milestones. Between January 2015 and December 2024, ISRO launched 393 foreign satellites and three Indian customer satellites, serving 34 countries, including the USA, UK, and Singapore. In 2017, ISRO set a world record by launching 104 satellites in a single mission. The Chandrayaan-3 mission made India the first nation to land on the Moon’s southern pole, with the Pragyan rover confirming sulphur presence. The Aditya L-1 solar mission, launched in 2017, captured unprecedented solar flare data in February 2025. Upcoming initiatives like the SpaDeX mission in December 2024 will demonstrate indigenous docking technology, while ISRO’s Orbital Re-entry Vehicle will enable autonomous re-entry and landing capabilities.
International collaborations are central to India’s space strategy. Partnerships with NASA on the NISAR mission, ESA on astronaut training and microgravity research, CNES on the TRISHNA satellite, and JAXA on lunar exploration studies highlight India’s global role. The India Space Policy 2023 and liberalized FDI norms, allowing up to 100% investment in certain space activities, have fueled private sector growth, with over 328 space startups emerging in recent years. Central Public Sector Enterprises like Antrix Corporation Limited and NewSpace India Limited, alongside IN-SPACe, are driving innovation and commercialization. The space budget has nearly tripled over the past decade, from ₹5,615 crore in 2013-14 to ₹13,416 crore in 2025-26, reflecting strong government commitment.
India’s Space Vision 2047 outlines ambitious goals, including the Bharatiya Antariksh Station, lunar landings, and missions to Venus.
Source: Hong Kong Government special administrative region
Housing Authority recognises outstanding estate management services contractors and frontline staff The HA introduced a new award this year to recognise the significant contributions of outstanding frontline staff on combating tenancy abuse, in appreciation of their efforts in safeguarding this valuable housing resource.
Officiating at the presentation ceremony, the Deputy Director of Housing (Estate Management), Mr Ricky Yeung, said, “Public housing resources are precious and should be allocated appropriately and rationally to those in genuine need of housing. The HA has been committed to combating tenancy abuse in public housing. We are encouraging services contractors to collaborate with us in safeguarding these housing resources.
“We have implemented a reward mechanism in the service contractor evaluation system, whereby services contractors who perform well in combating tenancy abuse will receive additional points, enhancing their bidding and contracting opportunities. Indeed, the effectiveness of the assistance provided by frontline staff of services contractors to our colleagues in detecting cases has been significant, helping our work in combating tenancy abuse achieve the desired results.”
The EMSC Awards in 2024 went to 17 services contractors providing property management, cleaning, security and car park operating services. Eight property services managers and 56 frontline staff members were also commended. The full list of awardees is in the Annex. Currently, the management of more than half of the HA’s public rental housing estates is outsourced to property services contractors, and many major maintenance tasks in the HA estates are being supervised by them. By leveraging the private sector’s resources and experience in managing private properties, the HA seeks to continuously raise the quality of its estate management services and provide a pleasant living environment for its tenants. Issued at HKT 19:56
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)
(b)Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
N/A
(c)Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
ALPHA GROUP INTERNATIONAL PLC
(d)If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
N/A
(e)Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure
09 JUNE 2025
(f)In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”
N/A
2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a)Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:
0.2p ORDINARY
Interests
Short positions
Number
%
Number
%
(1)Relevant securities owned and/or controlled:
1,469,500
3.4736
(2)Cash-settled derivatives:
(3)Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:
1,469,500
3.4736
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b)Rights to subscribe for new securities (including directors’ and other employee options)
Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:
3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a)Purchases and sales
Class of relevant security
Purchase/sale
Number of securities
Price per unit
0.2p ORDINARY
SALE
33,000
3064.4697p
(b)Cash-settled derivative transactions
Class of relevant security
Product description e.g. CFD
Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position
(d)Other dealings (including subscribing for new securities)
Class of relevant security
Nature of dealing e.g. subscription, conversion
Details
Price per unit (if applicable)
NONE
4.OTHER INFORMATION
(a)Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
NONE
(b)Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)the voting rights of any relevant securities under any option; or (ii)the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”
NONE
(c)Attachments
Is a Supplemental Form 8 (Open Positions) attached?
NO
Date of disclosure:
10 JUNE 2025
Contact name:
MARK ELLIOTT
Telephone number:
01253 376539
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)
(b)Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
N/A
(c)Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
CRANEWARE PLC
(d)If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
N/A
(e)Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure
09 JUNE 2025
(f)In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”
N/A
2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a)Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:
1p ORDINARY
Interests
Short positions
Number
%
Number
%
(1)Relevant securities owned and/or controlled:
1,696,458
4.7909
(2)Cash-settled derivatives:
(3)Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:
1,696,458
4.7909
NOTE: On 09/06/2025 there was a transfer out of 395 shares by a discretionary client.
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b)Rights to subscribe for new securities (including directors’ and other employee options)
Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:
3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a)Purchases and sales
Class of relevant security
Purchase/sale
Number of securities
Price per unit
1p ORDINARY
SALE
340
2051p
1p ORDINARY
SALE
360
2061p
1p ORDINARY
PURCHASE
625
2052p
1p ORDINARY
PURCHASE
3,500
2056p
(b)Cash-settled derivative transactions
Class of relevant security
Product description e.g. CFD
Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position
(d)Other dealings (including subscribing for new securities)
Class of relevant security
Nature of dealing e.g. subscription, conversion
Details
Price per unit (if applicable)
NONE
4.OTHER INFORMATION
(a)Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
NONE
(b)Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)the voting rights of any relevant securities under any option; or (ii)the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”
NONE
(c)Attachments
Is a Supplemental Form 8 (Open Positions) attached?
NO
Date of disclosure:
10 JUNE 2025
Contact name:
MARK ELLIOTT
Telephone number:
01253 376539
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
TORONTO, June 10, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated* online brokerage — is honoured to share that it has retained the title of MoneySense’s Best Online Broker in Canada for 2025, landing atop the ranking for a third consecutive year. The annual MoneySense review, conducted in partnership with research firm Surviscor, assesses and compares Canadian online brokerages across four pillars of investor experience including desktop and mobile platforms, service efficacy, and commissions and fees.
“Reclaiming the title of Best Online Broker in Canada adds to an already eventful year for Questrade with our move to offer $0 commission trading alongside our introduction of real-time fractional trading and Questrade Plus,” said Rob Galaski, Chief Journey Officer, Questrade. “This recognition stands as another powerful acknowledgement of our team’s work to deliver Canada’s most complete and compelling investment offering, furthering our mission to help all Canadians become much more financially successful and secure.”
In another standout year where Questrade outperformed its peers across many of the investor experience categories, it was applauded for its surprise move to introduce $0 commission trading, as well as its reliable customer service experience, industry-leading digital investment platforms, and ongoing commitment to investor education.
“We’re proud to once again name Questrade as MoneySense’s Best Online Broker in Canada for 2025,” said Natasha Macmillan, Senior Business Director, MoneySense. “Questrade leads the way with a robust, user-focused platform that prioritizes accessibility, innovation, and exceptional service, delivering genuine value to investors at every experience level. Its unwavering commitment to enhancing the investor experience, education, and ongoing support truly sets Questrade apart from the competition.”
Adding to the repeat recognition, MoneySense’s 2025 review also named Questrade as best broker for new and seasoned investors, $0 commission trading, user experience, and account experience, highlighting the online brokerage’s attention to the evolving needs and preferences of active and passive investors alike.
Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.